I don't think arbitration case is the problem. It will settle with win win negotiations. What is more important is how to make more profit out of all the opportunities?
arbtration case will favour Dnex, crystal clear. Oil got few licenses olready.. high chance to win niise project.. lets sit at the bottom for a while la.. anything below 40 is for grab.
Last quarter Silterra Income RM145M Loss RM31M. Oil Income RM97M Profit RM20M, Technology Income RM41M Loss RM10M. At the moment the only profitable business is Oil.
Oil will continue to be hit by UK's crazy levy for a while. Dont expect oil to be super profitable unless oil prices go super super. But Oil biz + strong balance sheet actually, will lend support to DNEX share price in terms of bottoming out. Oil's play in DNEX is for them to sign up more license more MOUs whatever, then spin it off w hugeee potential to Zainal Abidin separate listing
DNEX need to deliver on Foxconn new fab plant, it's 12" and make Msia proud. And DNEX is weathering semicon slowdown, when it turnsaround Silterra will make a lot. In Silterra we trust 😆
"We are now going to invest in another fab with another partner,I have been appointed as advisory panel to the semiconductor task force of the government,we are giveing few suggestions,we want Malaysia to be the hub"- Tan Sri Syed Zainal ( Apa Cerita? Podcast) 1:30:46.
The best thing to do after a successful arbitration is to let go of ping and to use the fund to fight against the semiconductor down cycle. Becoming a tech pure play.
My wish list is to turn all three biz segments - Energy, Technology and IT - to profitability. Then to IPO list them while Dnex maintains control of the majority shares.
if drop till 20 cent and you jump in, unless you want to wait for years as to crash out of sudden means very very bad news for future earning, so the possibility to recover back is nowhere to see else why people throwing lol
Orcadian Energy (AIM: ORCA) is delighted to announce the completion of the previously announced farm-out of an 81.25% interest in licence P2244, which contains the Pilot field, to Ping Petroleum UK plc (“Ping”). Ping is focused on shallow water offshore production and development opportunities and has a significant acreage holding to the East of Pilot.
Six months ago, 35 sen seemed farfetched. The same “will you dare to buy if it drops there” questions were suggested.. Now people are still here and talking about buying. Twenty sen is not impossible.
Some mention oil but is DNEX really have oil impact actually? This is the thing about DNEX, their main business is what actually, all the while for me is tech stock.......
To me, it is not about whether 20 cent impossible but there is no point to wait to catch the falling knife, if you believe it will crash to 20 cent below, you won't be buying anymore this stock as it is already hopeless lol, just like if you know the situation as this when 60c++, then you mention I will buy at 35c++, will you still buy like now lol, you won't as it is hopeless unless you know some insider news anything that will change the profit projection...........
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....
Ron90
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Posted by Ron90 > 2024-04-02 16:09 | Report Abuse
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