previous news.. Iris drop a day before information leaks that it has been drop from the race. highly possibility..same thing happening now..wil just hv to wait la..
not long ago people said investors don't like invest DNEX because it always depends on government projects...lol..maybe DNEX got backbone, don't want to accept government projects...
I bought DNeX for its Silterra turnaround story; and I'm happy for DNeX to lose out on the ailing NIISe project which has thin margins & tight schedule to deliver .. any strong sell-off on losing out of NIISe is very much welcomed since i get to average down and collect cheaper .. also checking with my ex-colleagues from PETRONAS on the status of its re-activation of Abu Cluster production, which in my rough calculation shud fetch a quarterly earnings of RM15 million @ 2k barrels of oil/day @ USD75/barrel, providing a strong support of 40 cents to DNeX .. Thank you and God Bless :)
Just thinking only those buying below 0.40 will be happy regardless NISSE obtain or not to bet on the future of DNEX with so called improving SILTERRA and other oil activities? LOL......so all those buying now will sure die if NISSE not obtain to crash till 0.40? LOL
Believers don't rush to buy. Don't be afraid to miss out when it is falling like a rock la. Let the fear kick in only on reversal, then rush to be buy 😉
Well I don't really buy this kind of fear story, high risk high gain yes, to catch the failing knife is very risky as people won't simply throw all the time, like those decisive to cut loss after the Silterra story gone case, example if the price break below 0.40, you seriously think you will still buy, at the time, you will be thinking whether it will still crash to 0.30++......the price will not just move up for no reason like once NISSE news out without DNEX, then we will see what will happen to the price......
DNEX...this fall, I dont think its really NIISE related. It's the case of being burnt when everyone else is being burnt (except Theta lol). this rounded top in DNEX is seen everywhere else la. Index, construction, tech stocks, MYEG...is MYEG even a tech stock? So, doesnt look like it says anything about NIISE...what say you?
Anyway, this will also depends on your buying price, if you chase high previously above 0.40, then maybe your believe need to reevaluate, not sure about those old timers whether anyone still holding, i mean those were the days, 1-2 years ago holders if any........
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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....
anson938
2,018 posts
Posted by anson938 > 2024-06-27 10:06 | Report Abuse
Already rebounce back fr 1.32, making 0.30 cents ++ within 3 days