DNEX is attractive to bargain at current levels above crucial support from the 30/5/23 low (37sen), for rebound upside to the 100-day ma (43sen) and 200-day ma (47sen), with tougher hurdles seen at 53sen and the 76.4%FR (59sen).
For the week, MIDF Research said the top three sectors with the highest net foreign inflows were financial services (RM202 million), technology (RM23.3 million) and property (RM18.3 million).
Businesses and developments that could add to DNeX’s revenue include: (i) a US$1.5 billion (RM7.1 billion) microchip wafer fabrication plant for electric vehicles (EV) in Negeri Sembilan, in partnership with Taiwanese giant Foxconn and Saudi Arabian outfit Ajlan & Bros Holding Group; (ii) a RM1 billion contract for the National Integrated Immigration System (NIISe) project, for which it is holding ongoing discussions with the government; and (iii) an award for the exploration of a late life asset or oil cluster off the coast of Peninsular Malaysia, if market talk is to be believed.
DNEX's business arm SilTerra Malaysia Sdn Bhd has returned to positive earnings before interest, taxes, depreciation, and amortisation. So worst is over I guess
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Income
12,527 posts
Posted by Income > 2023-12-19 03:36 | Report Abuse
The one given the key to Dnex seems to have lost the Dnex only key 🔑. How now?