DAGANG NEXCHANGE BERHAD

KLSE (MYR): DNEX (4456)

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Last Price

0.335

Today's Change

-0.01 (2.90%)

Day's Change

0.335 - 0.345

Trading Volume

6,515,200


58 people like this.

102,888 comment(s). Last comment by pritpritt 2 days ago

Baby Shark

5,931 posts

Posted by Baby Shark > 2023-05-29 16:05 | Report Abuse

20

ken2004

1,693 posts

Posted by ken2004 > 2023-05-29 16:27 | Report Abuse

don dare to touch before qtr out as too risky.......as qtr more to low profit/ losses

Posted by investisthekey > 2023-05-29 16:28 | Report Abuse

Red or green today?....last 30 min

WWCD1688

26 posts

Posted by WWCD1688 > 2023-05-29 17:29 | Report Abuse

FRIDAY BOOM!

dompeilee

11,888 posts

Posted by dompeilee > 2023-05-29 17:34 | Report Abuse

epf chopping head...again...lol

Posted by Hachi Hachi > 2023-05-29 18:10 | Report Abuse

Beware of 30 after result.

dompeilee

11,888 posts

Posted by dompeilee > 2023-05-29 18:48 | Report Abuse

HHUUUUUUGGGE LOSS of 230+ million! Habis!!!

TCH1186

910 posts

Posted by TCH1186 > 2023-05-29 18:53 | Report Abuse

!@#$%^*)(!@*@& !!!

Posted by investisthekey > 2023-05-29 18:56 | Report Abuse

Its going a big day tomorrow

monetary

4,447 posts

Posted by monetary > 2023-05-29 18:57 | Report Abuse

Business alrdy in loss. The ticking time bomb differed tax exploded. Confirmed limit down. 30s hancur.

Posted by birkincollector > 2023-05-29 18:58 | Report Abuse

Nice. Can play like bahvest tmr hehe

TCH1186

910 posts

Posted by TCH1186 > 2023-05-29 19:01 | Report Abuse

1 more cent drop is -50%. tmrw ill topup another cds to cover all the losses.

monetary

4,447 posts

Posted by monetary > 2023-05-29 19:05 | Report Abuse

Foxconned. High cash reserve. Low PE. Very good trap.

SinGor

4,917 posts

Posted by SinGor > 2023-05-29 19:06 | Report Abuse

Hiyah. Insider & PP all run before Qr release ( almost one month downwards pressure ---bloody con stock )

Posted by investisthekey > 2023-05-29 19:07 | Report Abuse

Really can laugh to the bank tomorrow liao...ahhaha

Posted by investisthekey > 2023-05-29 19:08 | Report Abuse

Malaysia boleh....epf boleh.....welcome malaysia madani

RX350

1,968 posts

Posted by RX350 > 2023-05-29 19:14 | Report Abuse

Looks like can wait below 30s

rainman777

1,333 posts

Posted by rainman777 > 2023-05-29 19:15 | Report Abuse

Hahahaha look at the mirror slap. Your face harder,why boloh go n chase c now cheaper .
,

Posted by swissvillage > 2023-05-29 19:16 | Report Abuse

Tech/semiconductor stocks already hit a bottom. The recent QR announcement is something in the past. Look at the future

Posted by Ari Aran Gopalan > 2023-05-29 19:18 | Report Abuse

Crap

Posted by TillyLovers > 2023-05-29 19:21 | Report Abuse

Why did Dnex record a huge loss?

vespa

890 posts

Posted by vespa > 2023-05-29 19:27 | Report Abuse

poorly managed; JV partners see Dnex management as deceitful and cheats after what it did to Chinese JV in Silterra

vespa

890 posts

Posted by vespa > 2023-05-29 19:28 | Report Abuse

Foxconn is having a rethink

Hotstuff

3,291 posts

Posted by Hotstuff > 2023-05-29 19:38 | Report Abuse

only amateurs will look at the final amount on the QR becuz no way they will understand the QR due to their limited knowledge on investment. I am happy to see these amateurs to CL by tomorrow as I will so I can buy more !

Hotstuff

3,291 posts

Posted by Hotstuff > 2023-05-29 19:42 | Report Abuse

the only keyword here - deferred tax liability. if you know you know.

monetary

4,447 posts

Posted by monetary > 2023-05-29 19:51 | Report Abuse

Loss before tax 3.4mil

pang72

51,486 posts

Posted by pang72 > 2023-05-29 19:52 | Report Abuse

Jepun,.

DNEX will fly over rm3, don't too worry.
Keep averaging down..

monetary

4,447 posts

Posted by monetary > 2023-05-29 19:54 | Report Abuse

Tax or no tax it's still loss making. Can't get any excuse

monetary

4,447 posts

Posted by monetary > 2023-05-29 19:55 | Report Abuse

If exclude the 16mil forex gain loss before tax about 20mil.

monetary

4,447 posts

Posted by monetary > 2023-05-29 20:00 | Report Abuse

Ukraine Russia war won't last forever. Oil price will drop n aggravate the loss.

Posted by willywonka > 2023-05-29 20:02 | Report Abuse

In addition, the enactment of the Energy Profit Levy by UK Government led to a deferred tax liability recognised
as at 31 March 2023 of RM252.40 million is non-cash in nature and it will be fully reversed to the profit or loss by
31 March 2028. This reversal will have positive impact as it reduces our tax expense during the window for which
the EPL regime applies

Posted by willywonka > 2023-05-29 20:05 | Report Abuse

This doesn't have any impact on cash flow as far as I know so the loss for the Q3 is 3.4 Mill...Not very impressive and a lot of room for improvement.

Posted by willywonka > 2023-05-29 20:11 | Report Abuse

But the future cash cow (Semi Conductor) seems to be a very tired cow at the moment dragging the company down this is the loss making part and its a big loss on that segment of DNEX.

freddiehero

16,722 posts

Posted by freddiehero > 2023-05-29 20:36 | Report Abuse

macam macam ade

Posted by willywonka > 2023-05-29 20:48 | Report Abuse

Dnex and BIH (Foxconn) has also extended the MOU in regard to the structure of the JV for the plant building and operation in Malaysia...MOU is has been extended until 16 May 2024. Atleast that a bit positive...But talk is cheap and action is required :-)

Posted by Penang_lang > 2023-05-29 20:53 | Report Abuse

No wonder EPF cut loss.

Mini Bull

797 posts

Posted by Mini Bull > 2023-05-29 20:57 | Report Abuse

Normally, bad management how to get profit

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2023-05-29 21:10 | Report Abuse

Already hit below 40C. More worst would come in 3 months

Posted by StartOfTheBull > 2023-05-29 21:41 | Report Abuse

More capital loss has happened if someone sold gloves last week and bought Dnex. Hahaha

Pinky

3,476 posts

Posted by Pinky > 2023-05-29 21:49 | Report Abuse

Serba DiNex

iyin666

100 posts

Posted by iyin666 > 2023-05-29 22:59 | Report Abuse

The tax expenses of Rm277.9 mill includes the deferred tax expense of Rm252 mill, engendered by the Energy Profit Levy (“EPL”), a temporary levy
introduced by UK Government on 14 July 2022. The EPL was set at 25% for profits arising from 26 May 2022 to
31 December 2022 and 35% for profits arising from 1 January 2023 to 31 March 2028. The deferred tax expense is provision for future tax obligation which is
expected to
be reversed ( credit back as gain) during the window for which the EPL regime applies, i.e. up to 31 March 2028 .
Taking out the deferred tax of Rm252.4 mill from the attributable loss of Rm239.8, you will get attributable profit of Rm12.6. Think selling is grossly overdone.

lee901

189 posts

Posted by lee901 > 2023-05-29 23:16 | Report Abuse

Forex gain alr 16.8mil

Medusa

537 posts

Posted by Medusa > 2023-05-29 23:39 | Report Abuse

Limit down

What price to enter?

kebling98

317 posts

Posted by kebling98 > 2023-05-29 23:50 | Report Abuse

Those not understand deferred tax will Panic sell dnex
Those not understand hedging will panic sell hengyuan

Buy on dip hehe

izoklse

5,272 posts

Posted by izoklse > 2023-05-30 00:12 | Report Abuse

no wonder EPF pun lari

DickyMe

14,884 posts

Posted by DickyMe > 2023-05-30 00:18 | Report Abuse

My prediction, one year ago is becoming a reality!
20 sen is just 19 sen away!

i3lurker

14,380 posts

Posted by i3lurker > 2023-05-30 00:54 | Report Abuse

Asset destruction is highly probable in the North Sea due to global warming.
thats why 7 Sisters going back to land based in Continental US

If you are familiar with the company, asset destruction had already occurred recently.

the risks of holding this stock is beyond high
and associated risks likely reaches to Andromeda

kutipkutip

1,100 posts

Posted by kutipkutip > 2023-05-30 01:16 | Report Abuse

0.390 support bottom , besok rebound !

fl888

7,736 posts

Posted by fl888 > 2023-05-30 03:32 | Report Abuse

KLSE style….Report loss, price up…

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