DAGANG NEXCHANGE BERHAD

KLSE (MYR): DNEX (4456)

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Last Price

0.35

Today's Change

+0.005 (1.45%)

Day's Change

0.345 - 0.355

Trading Volume

2,210,500


58 people like this.

101,682 comment(s). Last comment by rainman777 3 days ago

Diego66

126 posts

Posted by Diego66 > 2023-12-08 16:00 | Report Abuse

don't be like that, it's going down currently due to bad sentiment in the oil market ...

rainman777

1,350 posts

Posted by rainman777 > 2023-12-08 16:25 | Report Abuse

Hahahaha not a single ct from FDI,macam ini don't look good hahahaha macam ini how to survive ,no wonder keep coming down the hill, Wakaka

Income

12,527 posts

Posted by Income > 2023-12-10 11:21 | Report Abuse

Goes to show if you have determination, focus and discipline you can really achieve some great outcomes.

143922

518 posts

Posted by 143922 > 2023-12-10 21:06 | Report Abuse

Kasi borong mcm silayang.mantap punya kaunter

Afakch

3 posts

Posted by Afakch > 2023-12-11 04:50 | Report Abuse

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Posted by Policyholder > 2023-12-11 05:01 | Report Abuse

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Baby Shark

5,935 posts

Posted by Baby Shark > 2023-12-11 11:08 | Report Abuse

Hahahahaha.. untung 1 cent d

Baby Shark

5,935 posts

Posted by Baby Shark > 2023-12-11 11:09 | Report Abuse

8 dollar come I sell..

fl888

7,754 posts

Posted by fl888 > 2023-12-12 07:39 | Report Abuse

Chart should upward trend imminent today…buy

Income

12,527 posts

Posted by Income > 2023-12-12 09:02 | Report Abuse

One of the stock.

GoldenShares

3,544 posts

Posted by GoldenShares > 2023-12-12 10:06 | Report Abuse

wow, 0.385

Baby Shark

5,935 posts

Posted by Baby Shark > 2023-12-12 10:11 | Report Abuse

We need 1 more big shark quietly buy/support.. otherwise ALL ikan bilis mati dipijak.. hahaha

1pingpong

771 posts

Posted by 1pingpong > 2023-12-12 10:14 | Report Abuse

marvelous - heading to 0.35 as predicted. The DIP.

1pingpong

771 posts

Posted by 1pingpong > 2023-12-12 10:16 | Report Abuse

You can see from the TA. it may even go lower than 0.35. THE SCARE - fake bottom.

Baby Shark

5,935 posts

Posted by Baby Shark > 2023-12-12 10:20 | Report Abuse

Started buy back 0.65 sikit, then average 0.53-0.58, then 0.395..
Lagi turun I cebeh .. hahahaha

Baby Shark

5,935 posts

Posted by Baby Shark > 2023-12-12 10:22 | Report Abuse

Last time many mentioned Rm2.00-Rm4.00, now 0.20 - 0.35

1pingpong

771 posts

Posted by 1pingpong > 2023-12-12 10:25 | Report Abuse

belum habis jatuh lagi bos...

Baby Shark

5,935 posts

Posted by Baby Shark > 2023-12-12 10:26 | Report Abuse

But I pockets empty d... wakakakakaa

younglean

233 posts

Posted by younglean > 2023-12-12 10:31 | Report Abuse

Last time people mentioned Rm2 was because of Silterra or Foxconn catalyst. Ha

1pingpong

771 posts

Posted by 1pingpong > 2023-12-12 10:31 | Report Abuse

marvelous. Averaging Down Champion.

Baby Shark

5,935 posts

Posted by Baby Shark > 2023-12-12 10:36 | Report Abuse

Tomorrow start all must mandi air bunga to buang suey baru come here.. otherwise don't open your computer

Baby Shark

5,935 posts

Posted by Baby Shark > 2023-12-12 11:46 | Report Abuse

Am afraid 0.39 & 0.395 both queued by same shark then ikan bilis habis cerita..

Baby Shark

5,935 posts

Posted by Baby Shark > 2023-12-12 11:51 | Report Abuse

Like that they sap sap sui push down the price until we 2 cannot talk here.. hahahaha

143922

518 posts

Posted by 143922 > 2023-12-12 12:08 | Report Abuse

Kutip sementara stok masih ada.buy 1 free 2.mantap punya kaunter

Baby Shark

5,935 posts

Posted by Baby Shark > 2023-12-12 12:25 | Report Abuse

I new chairman dis forum..

Loh Kok Wai W

3,724 posts

Posted by Loh Kok Wai W > 2023-12-12 12:35 | Report Abuse

Year 1959 One classic old song name : Go Johnny Go...n Now Suitable for Dnex.....Go Dnex Go....Go To Longkang....

Yezzy99108

410 posts

Posted by Yezzy99108 > 2023-12-12 12:57 | Report Abuse

Wow going back to my early days 2021 entry price

Loh Kok Wai W

3,724 posts

Posted by Loh Kok Wai W > 2023-12-12 14:59 | Report Abuse

Yes...I waiting ...0.30......right here wating for you....

1pingpong

771 posts

Posted by 1pingpong > 2023-12-12 15:18 | Report Abuse

hari2 fake breakout, and real DIP. the process of shaking off bilis - replacing with whale bottom collection. shake shake shake...collect collect collect... haiyo..so obvious from TA.

Gaussian

3,127 posts

Posted by Gaussian > 2023-12-12 19:04 | Report Abuse

The management is pro Hamas. Sure die. lol. Next year kena sanction from USA

143922

518 posts

Posted by 143922 > 2023-12-12 19:53 | Report Abuse

Kuat bergurau punya kaunter.mantap mantap.mantel lemah bole cau cin cau

rainman777

1,350 posts

Posted by rainman777 > 2023-12-13 07:17 | Report Abuse

Hahahaha ketawa sahaja , alamak put money here hahahaha put money there kenal lagi bakar ,i yo yo lagi ada babisyak kah,wakaka

Diego66

126 posts

Posted by Diego66 > 2023-12-13 09:18 | Report Abuse

Lol. How to know the management is pro Hamas?😅

fl888

7,754 posts

Posted by fl888 > 2023-12-13 09:20 | Report Abuse

Operators push down for 323 million Private Placement to be priced at 39cts…then got RM 100 million…..push uppppppp

1pingpong

771 posts

Posted by 1pingpong > 2023-12-13 10:13 | Report Abuse

foooh...marvelous....further drop...averaging down gang. - averaging down specialist -

1pingpong

771 posts

Posted by 1pingpong > 2023-12-13 10:26 | Report Abuse

its a steady downward...if you are experience, you know what i mean.

Gerard Lam

176 posts

Posted by Gerard Lam > 2023-12-13 11:12 | Report Abuse

DNeX has fallen further by 20% since our last downgrade, which citied management’s lack of competency to execute.

As an update based on channel checks, we believe that management’s divided attention to several segments and further diversification into non-core business such as Ping Petroleum and unproven software IT solutions to be a move that lacks foresight.

Based on our view, the only way for DNeX’s share price to improve leap and bounds is a combination of:
1. Foxconn buyout of management
2. Full Divestment of Ping
3. Focus on Silterra
4. Cut loss on non profitable IT projects



Gerard Lam

176 posts

Posted by Gerard Lam > 2023-12-13 11:15 | Report Abuse

We believe that currently DNeX is trading at fair price, being 65% of its book value.

With the 35% discount justifiable due to management incompetencies in execution and no clear focus.

1pingpong

771 posts

Posted by 1pingpong > 2023-12-13 12:22 | Report Abuse

Specialist of averaging down do not fear share price going down, instead welcomes it. These specialist is very dependent on those buying high and dumping low geniuses. We embrace the DIP. YEAHHH

fl888

7,754 posts

Posted by fl888 > 2023-12-13 15:28 | Report Abuse

Dnex is a good stock for IDSS….to borrow for short selling, which could what KWSP did for many counters..?

Income

12,527 posts

Posted by Income > 2023-12-13 17:11 | Report Abuse

When is the change???

younglean

233 posts

Posted by younglean > 2023-12-14 10:29 | Report Abuse

Risky to do IDSS at this point, especially it's in the range of 1-year low price

Income

12,527 posts

Posted by Income > 2023-12-14 17:47 | Report Abuse

•Johnathan gears up for Paris Olympics with Euro tour

fl888

7,754 posts

Posted by fl888 > 2023-12-15 09:55 | Report Abuse

IDSS was done when Dnex was in 45-50cts….borrowers need to pay back in kind…..see Awantec now 39cts

Posted by MagicalBobby > 2023-12-15 09:59 | Report Abuse

The F he knows anything about IDSS and RSS..

jazmaster

235 posts

Posted by jazmaster > 2023-12-15 11:05 | Report Abuse

Dnex kena shorted by 27 million shares by the way

https://www.bursamalaysia.com/misc/missftp/sblnt/NetShortPosition20231214.pdf?t=1702609406

Gerard Lam

176 posts

Posted by Gerard Lam > 2023-12-15 11:07 | Report Abuse

Downgrade to underperform

Owning to management’s lack of focus, we believe DNeX’s true value cannot be realised if the current management team stays at helm.

#1 While we sympathise with the war situation over the Israel-Palestine conflict, we see that Executive Chairmain, Syed Zainal Tahir’s consistent sharing of stories (including graphic images) on a social media platform may result in shareholders perceiving him to be more focused on his personal agenda than crucial matters at DNeX.

#2 Current management team is not able to fully realise value of all assets. Its crown jewel SilTerra, while possessing a large pool of talent, may not be guided in the right direction due to lack of focus by the management

#3 Management ignores real matters such as execution excellence, appears to dwell in trivial matters that do not add value.

Diego66

126 posts

Posted by Diego66 > 2023-12-15 15:59 | Report Abuse

need to voice up during the next AGM about the issues ...

Gerard Lam

176 posts

Posted by Gerard Lam > 2023-12-17 23:19 | Report Abuse

Appendix to #1:

Executive Chairman via his social media app Instagram (syedzainalsmt) persistently stories on Israel-Palestine conflict, including graphic images and videos. While the situation in Middle East is unfortunate and we sympathise equally, posting persistent stories during working hours gives the perception that he does not prioritise his duties in DNeX, as proven by dwindling profits and massive drop in share price.

Most executive directors of listed companies treats their companies as their life blood. It has become visibly clear that executive chairman of the company does not prioritise the company as his first priority.

This situation is unfortunate as the company is blessed with valuable assets from shareholders funds, but managed by executives that lacks priorities and focus

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