DAGANG NEXCHANGE BERHAD

KLSE (MYR): DNEX (4456)

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Last Price

0.345

Today's Change

-0.005 (1.43%)

Day's Change

0.345 - 0.355

Trading Volume

2,409,000


58 people like this.

101,682 comment(s). Last comment by rainman777 25 minutes ago

KingDavid

2,666 posts

Posted by KingDavid > 2024-04-18 10:38 | Report Abuse

Put aside unforeseen circumstances like wars, political instability, DNeX will be gradually move towards RM0. 5

ken2004

1,712 posts

Posted by ken2004 > 2024-04-18 14:40 | Report Abuse

if oil really bring so much profit to DNEX, it is already flying, NIIS also not much factor in to flying as the rest in great chances already flying, so I won't believe anyone betting on this two factor. So, finally till NIIS really announce is DNEX only will fly as right now no one is betting for DNEX to get..........this is why I cannot see why DNEX is going uptrend especially no one optimistic on their next qtr earning which might still be in red.........

KingDavid

2,666 posts

Posted by KingDavid > 2024-04-18 15:24 | Report Abuse

Logical reason but the price trend is moving up. There could be reasons beyond our knowledge now.

klee

3,525 posts

Posted by klee > 2024-04-18 16:46 | Report Abuse

buying always happen in the closing minutes,oil correction is close to being over....shud see better days ahead

klee

3,525 posts

Posted by klee > 2024-04-18 16:52 | Report Abuse

once israel 'responded',the real show will be on...

Posted by anonymouse66 > 2024-04-18 16:54 | Report Abuse

wait & see...

klee

3,525 posts

Posted by klee > 2024-04-18 18:46 | Report Abuse

israel has not responded yet,but uk has...

younglean

231 posts

Posted by younglean > 2024-04-18 20:14 | Report Abuse

World war 3 will happen? That's why gold price is so high now?

klee

3,525 posts

Posted by klee > 2024-04-19 09:39 | Report Abuse

usd100 oil kambing

anson938

2,019 posts

Posted by anson938 > 2024-04-19 10:34 | Report Abuse

Brent oil surge...
https://www.cnbc.com/quotes/@LCO.1

anson938

2,019 posts

Posted by anson938 > 2024-04-19 10:35 | Report Abuse

Brent oil surge up 3.7%
https://www.cnbc.com/quotes/@LCO.1

soon9913

2,820 posts

Posted by soon9913 > 2024-04-19 11:26 | Report Abuse

this stock will benefits from high oil price!! Israel attacked Iran!

Ron90

4,127 posts

Posted by Ron90 > 2024-04-19 11:35 | Report Abuse

sure..that's why we stick to this company.. oil price will naik to USD$ 100 !...if war escalate. beside that, this company does not rely on foreign export/import business, except OIL.

soon9913

2,820 posts

Posted by soon9913 > 2024-04-19 11:37 | Report Abuse

if iran strike back to israel, usd150 per barrel is possible

vitac

523 posts

Posted by vitac > 2024-04-19 11:40 | Report Abuse

open fire already, there is no turning back. whole world will efect

soon9913

2,820 posts

Posted by soon9913 > 2024-04-19 11:42 | Report Abuse

iran might close the gulf area not allow oil shipping out from that area

klee

3,525 posts

Posted by klee > 2024-04-19 12:44 | Report Abuse

If iran attacks israel with all its might,usa will be forced to engage.
The great uncertainties in the coming weeks favours oil.Once a few oil storage facilities come under fire,usd 100 is a sure bet.

satt1984

119 posts

Posted by satt1984 > 2024-04-19 14:48 | Report Abuse

dnex owns oil field but ppl jz ignore, let us accumulate slowly and fly to rm1

anson938

2,019 posts

Posted by anson938 > 2024-04-19 14:53 | Report Abuse

Sapu.... Buy it before late...

Ron90

4,127 posts

Posted by Ron90 > 2024-04-19 16:35 | Report Abuse

look at Hibiscus counter going up the minutes isr4el fire missile to Iran.. .. if war escalate.. oil naik.. if no war.. price also naik back to normal.

Ron90

4,127 posts

Posted by Ron90 > 2024-04-19 16:36 | Report Abuse

i am buying some at 3.85..press my luck .. hehe

ken2004

1,712 posts

Posted by ken2004 > 2024-04-19 16:43 | Report Abuse

This is not oil stock to me, if yes, it won't go the other way round once oil up..........

Gaussian

3,126 posts

Posted by Gaussian > 2024-04-19 20:45 | Report Abuse

Dnex is going to rocket soon.

ken2004

1,712 posts

Posted by ken2004 > 2024-04-20 13:27 | Report Abuse

Lol, since when DNEX will have oil impact for real, as if oil impact is there, those so called oil stock already flying high, since when is DNEX turn to claim superiority on oil impact, DNEX is more on their wafer impact which till now nowhere to see of the come back of the glorious day before this in 2021/2022.........

klee

3,525 posts

Posted by klee > 2024-04-20 13:41 | Report Abuse

Dnex energy contributed 30% of turnover ,technology 50% IT 20%.
Ping petroleum is the only profit generating sector,the other 2 are losers.

klee

3,525 posts

Posted by klee > 2024-04-20 13:43 | Report Abuse

Meranti block in msia will draw first oil in 2024.How nice when oil is marching towards usd100.A cluster will draw first oil in 2027.North sea new blocks 2026.

ken2004

1,712 posts

Posted by ken2004 > 2024-04-21 21:21 | Report Abuse

Cyberjaya, 29 February 2024 – Dagang NeXchange Berhad (“DNeX”) has announced its financial results for the sixth quarter (“6Q FY2023”) and 18-month period ended 31 December 2023 (“18M FY2023”).

In 6Q FY2023, the Group reported a revenue of RM283.7 million and a loss after tax and non-controlling interest (“net loss”) of RM14.6 million. During the quarter, DNeX’s Technology division remained as the major revenue contributor, accounting for RM145.4 million or 51 per cent of total revenue, as compared to RM157.2 million recorded in the previous quarter (“5Q FY2023”). The softer performance was mainly due to weaker volume of wafer shipments.

Contributions from the Energy and Information Technology (“IT”) divisions stood at 34 per cent and 14 per cent respectively. The Energy division posted RM97.2 million in revenue from RM114.8 million recorded in 5Q FY2023, due to lower average oil prices of USD81.9 per barrel as compared to USD97.2 per barrel in 5Q FY2023. The IT division generated revenue of RM41.1 million, against RM55.5 million in the previous quarter, in tandem with completion and progressive work done of certain projects.

ken2004

1,712 posts

Posted by ken2004 > 2024-04-21 21:23 | Report Abuse

Look at the profit then you will know even in peak USD97.2 per barrel also DNEX did not gain so called superb result, everyone is looking at the wafer shipments as the main profit that make DNEX jump........if really as mention oil can jump up 2x profit, I don't believe those people will not jump in by now.......

143922

518 posts

Posted by 143922 > 2024-04-21 23:51 | Report Abuse

😘

younglean

231 posts

Posted by younglean > 2024-04-22 09:43 | Report Abuse

I guess Dnex can turn profits in the next quarter

soon9913

2,820 posts

Posted by soon9913 > 2024-04-22 10:12 | Report Abuse

it is very likely...

ken2004

1,712 posts

Posted by ken2004 > 2024-04-22 10:17 | Report Abuse

DNEX is supposed to be in profit but problem is their so called profit nothing outstanding. Worst if they in losses like last quarter. You will know what I mean if you review their qtr profit from 2021/2022, their profit drop like 70% never recover till now......

ken2004

1,712 posts

Posted by ken2004 > 2024-04-22 10:21 | Report Abuse

Rough estimate : 2020 : -14 million, 2021 : 103 million, 2022 : 550 million, 2023 : -170 million, so called new financial date 31 Dec 2023 : 46 million.......this is why the share jump flying in 2021/2022 period, I think by now everyone also should know why it crash down after that with such result.......

soon9913

2,820 posts

Posted by soon9913 > 2024-04-22 11:37 | Report Abuse

explain more pls, talk half dont talk half

rainman777

1,349 posts

Posted by rainman777 > 2024-04-22 11:40 | Report Abuse

Hahahaha mana sifu ada good news hahahaha lagi ada whales jumping di jalan, Wakaka

gooman

787 posts

Posted by gooman > 2024-04-22 11:44 | Report Abuse

Analysts remain bullish on O&G sector, see oil prices rising to US$140 per barrel - https://theedgemalaysia.com/node/708770

vellfire14

140 posts

Posted by vellfire14 > 2024-04-22 11:58 | Report Abuse

kilang foxconn coming soon ke

Diego66

126 posts

Posted by Diego66 > 2024-04-22 15:32 | Report Abuse

I don't think so, vellfire14. Dnex rises as oil market on fire

pinetree88

332 posts

Posted by pinetree88 > 2024-04-22 16:18 | Report Abuse

Niise contract should be announcing soon? Dnex is one of 3 contenders for the tender. Anyone saw any reports of when roughly tender results be announced?

143922

518 posts

Posted by 143922 > 2024-04-22 20:33 | Report Abuse

Kilang belacan mungkin

i3Broly

46 posts

Posted by i3Broly > 2024-04-22 21:39 | Report Abuse

Tengku Zafrul latest tweet on X on Dnex

Ron90

4,127 posts

Posted by Ron90 > 2024-04-23 08:04 | Report Abuse

expect another announcement about collaboration or mou between with Silergy corp., coincidence with what PMX just announcement recently about establishing IC design hub at puchong area??

Gaussian

3,126 posts

Posted by Gaussian > 2024-04-23 09:21 | Report Abuse

Islamic ceo prayers are very strong. Don’t play play. lol

scjm

2,591 posts

Posted by scjm > 2024-04-23 09:40 | Report Abuse

staying above 42 would be a strong indication of the beginning of the trend reversal; stay invested ie long term more than 3 months

KingDavid

2,666 posts

Posted by KingDavid > 2024-04-23 10:21 | Report Abuse

A discussion with Dagang NeXchange Berhad (DNeX) and Silergy Corp (Silergy) delegations on how to further develop the country's semiconductor industry.

MITI is drafting a Semiconductor Strategic Plan for Malaysia with various incentives to attract strategic investment especially to encourage more front-end activities in the semiconductor industry in our country.

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