DAGANG NEXCHANGE BERHAD

KLSE (MYR): DNEX (4456)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.36

Today's Change

+0.025 (7.46%)

Day's Change

0.335 - 0.365

Trading Volume

26,603,300


58 people like this.

102,896 comment(s). Last comment by pritpritt 1 day ago

vinceAust

141 posts

Posted by vinceAust > 2024-07-10 10:03 | Report Abuse

DNEX will be attractive to bargain on weakness for rebound upside towards the upper Bollinger band (50sen), with a confirmed breakout to aim for the 38.2%FR (55sen) and 50%FR (62sen) ahead, while the 200- day ma (40sen) limits downside risk.

KingDavid

2,666 posts

Posted by KingDavid > 2024-07-10 11:05 | Report Abuse

vinceAust, you are right in saying "Theta can't have both at the same time right? Let them have the Municipal Council Project, we on the other hand get the National Project😆". I would say the chance is gstting higher to get NIISE.

vellfire14

140 posts

Posted by vellfire14 > 2024-07-10 11:25 | Report Abuse

kasi cucuk ini sleeping giant bangun cepat.

KingDavid

2,666 posts

Posted by KingDavid > 2024-07-10 11:36 | Report Abuse

As long as the share price is supported around @RM0.45, it is looking good in longer term.

143922

518 posts

Posted by 143922 > 2024-07-10 14:00 | Report Abuse

Dataprp tengah goreng kaw2.Dnex bila lagi mau goreng.Sudah lama tunggu

pritpritt

899 posts

Posted by pritpritt > 2024-07-10 14:39 | Report Abuse

wau datapritprit ke, hebat tu huhu

Awang123

119 posts

Posted by Awang123 > 2024-07-10 18:29 | Report Abuse

Dnex sudah goreng naik semasa ia berada di 34 sen sana

SinGor

4,925 posts

Posted by SinGor > 2024-07-10 20:43 | Report Abuse

https://oilprice.com/Energy/Energy-General/What-Labours-Victory-Means-for-UK-Oil-and-Gas.html
_________________________
Ping in trouble---Expect new taxes from Labour Party

vellfire14

140 posts

Posted by vellfire14 > 2024-07-11 09:18 | Report Abuse

ini UK news sudah lama... macam something cooking in dnex..everybody waiting for announcement.

blazer999

104 posts

Posted by blazer999 > 2024-07-11 09:35 | Report Abuse

very soon...

Posted by keluarpattern > 2024-07-11 10:02 | Report Abuse

dead fish please wake up!!! 🚀🚀🚀

vinceAust

141 posts

Posted by vinceAust > 2024-07-11 10:10 | Report Abuse

It doesn't make sense at all... dead fish how to wake up? unless there's a miracle lah🙄

Posted by keluarpattern > 2024-07-11 10:46 | Report Abuse

need put some oil, goreng, then dead fish also can alive. 🤣🤣🤣

vinceAust

141 posts

Posted by vinceAust > 2024-07-11 10:54 | Report Abuse

Then it needs to smell like salted fish yeah.. 咸鱼返生😂

KingDavid

2,666 posts

Posted by KingDavid > 2024-07-11 13:13 | Report Abuse

The share price should be moving sideway till some sort of news / speculations are being released in the open.

leeeun

99 posts

Posted by leeeun > 2024-07-11 13:49 | Report Abuse

still lots of fans......

badrul1970

160 posts

Posted by badrul1970 > 2024-07-11 14:14 | Report Abuse

still hoping for NIISe award news ..

143922

518 posts

Posted by 143922 > 2024-07-11 15:24 | Report Abuse

Slow slow naik mcm kule kule

badrul1970

160 posts

Posted by badrul1970 > 2024-07-11 15:46 | Report Abuse

0.460 .. looks like got pulse 😂

vinceAust

141 posts

Posted by vinceAust > 2024-07-11 16:00 | Report Abuse

This stock likes pulling the cow up the tree..😅

8dragon

2,218 posts

Posted by 8dragon > 2024-07-11 17:25 | Report Abuse

3 months target price @ 55 cents...you still have a long sound sleep hours.

pritpritt

899 posts

Posted by pritpritt > 2024-07-11 21:11 | Report Abuse

bebisyak oo bebisyak huhu

anson938

2,018 posts

Posted by anson938 > 2024-07-11 22:22 | Report Abuse

美韩日巨头步步紧逼,台积电提前3个月试产2nm

https://m.guancha.cn/economy/2024_07_11_741187.shtml

sengseng

52 posts

Posted by sengseng > 2024-07-11 23:16 | Report Abuse

hope up soon...

KingDavid

2,666 posts

Posted by KingDavid > 2024-07-12 09:22 | Report Abuse

What can affect the performance of DNeX in the near term? Malaysian Government's policy, Resolution of the conflict with CGP on SilTerra, Cooperation with FoxConn, the new UK labour government's policy on North Sea licences, NIISE and other ongoing projects.

KingDavid

2,666 posts

Posted by KingDavid > 2024-07-12 09:23 | Report Abuse

So far, the "bull" is supporting @RM0.45

UncleFollower

1,752 posts

Posted by UncleFollower > 2024-07-12 12:08 | Report Abuse

You're right, that 0.45 is holding is still good and trading side ways until something comes. Unfortunately side ways looks like the best case until so, what if it's being pushed down once more before an ultimate rise. Are we buyers or sellers then at 40 😅

UncleFollower

1,752 posts

Posted by UncleFollower > 2024-07-12 12:09 | Report Abuse

Reading what Zafrul said about the semi-con plan, Foxconn plant looks difficult. He's saying fab plants will come in Phase 3 or 4, and we haven't even started Phase 1...

UncleFollower

1,752 posts

Posted by UncleFollower > 2024-07-12 12:11 | Report Abuse

29th May 2023, announcement was made to extend the MOU w Foxconn by a year to 16th May 2024. Since then no announcement of further extension. Last it made the news was in Oct'23 where DNEX said proposal to govt made. That's...10 months ago news and 12 months ago they would have made the proposal, and it has been 2 years without progress? 😂

UncleFollower

1,752 posts

Posted by UncleFollower > 2024-07-12 12:15 | Report Abuse

CGP Silterra by now should be a non-issue. Can hope there's some goreng once there's resolution. But from the beginning it wasn't that big of an issue. The idea is Silterra is sooo valuable both parties want control and it's ultimately between 45 or 55% ownership. No one seriously thought MITI will revoke Silterra's license either way. The problem is Silterra has been bleeding ever since. There has been various statements made on RM600M being invested into Silterra's expansion and apparently work done. However details scarce - we can't see from financial statements when or how it's made, and cannot see the apportionment between CGP and DNEX on said investment made

UncleFollower

1,752 posts

Posted by UncleFollower > 2024-07-12 12:16 | Report Abuse

Labour win should hit Hibiscus more than DNEX. DNEX's saving grace, next year Msia's late stage oil fields start pumping. It's still a concern, as DNEX's bottomline for the past 1.5-2 years have been heavily reliant on Oil instead of tech gosh.

UncleFollower

1,752 posts

Posted by UncleFollower > 2024-07-12 12:19 | Report Abuse

There are countless other MOUs. Got Arabian, got Korean. DNEX not shy to claim King of MOU title 🤣 Market talk is several large scale tenders were made for overseas smart city as well, so not solely reliant on NIISE

UncleFollower

1,752 posts

Posted by UncleFollower > 2024-07-12 12:20 | Report Abuse

Lots of stories nothing have materialised. While waiting...market is damn bullish, go pick up some other counters and trade our ways to riches 😆

UncleFollower

1,752 posts

Posted by UncleFollower > 2024-07-12 12:31 | Report Abuse

All of DNEX's businesses now capital intensive

Silterra has sucked up so much cashflow for capital investment. To be fair, they did a good job keeping the fab running and revenue rising. Cashflow is strong. Look at it, it's not a co in distress, very healthy cashsflow. The cost is of coz low margins and net net actually negative margins

Oilfield they have raised funds through the last placement. This may not be enough. They need more deals before a spin-off.

Even tech services, NIISE will require a sizeable capital outlay. That's still why it is more credible than Theta. Theta has something like 20M or so cash only last quarter. Scary if they get NIISE save for more funds raising

So DNEX really needs more cash despite more cashflow. Best to start planning for it now. Go issue a 1 for 3 warrants X and give it to us. We exercise the warrants 3 years later give you 1B cash DNEX

UncleFollower

1,752 posts

Posted by UncleFollower > 2024-07-12 12:36 | Report Abuse

DNEX remains very strong w Govt jobs. Don't forget how they got Silterra. They still hold the exclusive rights on the national single window trade facilitation. And your favourite chairman is always sighted next to Anwar or Zafrul. Semicon plan, remember when Zafrul asked industry for advice, it's your chairman next to Zaf, not Inari lol

Therein lies the problem. Despite the super bullishness across industries - construction, DC, Johor, etc etc has the federal Govt awarded even 1 sizeable contract since Anwar started talking? I think not. He has been instrumental in driving interest and bringing in foreign investments u gotto give him that. But if DNEX is relying on federal funds oops

KingDavid

2,666 posts

Posted by KingDavid > 2024-07-12 13:04 | Report Abuse

UncleFollower, you have summarized DNeX's current situation well. Thanks.

ken2004

1,707 posts

Posted by ken2004 > 2024-07-12 17:21 | Report Abuse

It is slowly falling back down after the PP of 0.37, there is no purpose to defend the price anymore.........maybe even those PP one already offloaded all earning between 15% - 20% above......

kuningNo1

85 posts

Posted by kuningNo1 > 2024-07-15 09:32 | Report Abuse

how my Dnex today, start moving?

8dragon

2,218 posts

Posted by 8dragon > 2024-07-15 10:22 | Report Abuse

Government has no hurry in carry out the NIISE, the 1 billion allocation has been syphoned to Felda...

UncleFollower

1,752 posts

Posted by UncleFollower > 2024-07-15 17:40 | Report Abuse

My broker who often has a lot of unverified news has it that the contract value is at least 1.5B. But no one is able to say whether it's DNEX, Theta, or another entity. Black horse developing, maybe both DNEX Theta fails to get NIISE

Posted by NatsukoMishima > 2024-07-15 19:53 | Report Abuse

https://www.klsescreener.com/v2/news/view/1358203

Do u think govment will award niis project to such company ? If yes , no eye see !

vellfire14

140 posts

Posted by vellfire14 > 2024-07-16 11:58 | Report Abuse

agong sudah masuk theta ..u think dnex will get niise? ..hahahahaha u must be joking

rainman777

1,343 posts

Posted by rainman777 > 2024-07-16 12:52 | Report Abuse

Hahahaha ini Jepun Miki house alamak lagi mau dengar dia kah,janji tetap 4-6 akan sampai, betul betul mau ketawa dia memang tarak rasa punya, Wakaka

anson938

2,018 posts

Posted by anson938 > 2024-07-17 08:28 |

Post removed.Why?

KingDavid

2,666 posts

Posted by KingDavid > 2024-07-17 11:32 | Report Abuse

So far, nothing change and everyone is waiting for speculations / News. At the moment, sideway is the best outcome.

UncleFollower

1,752 posts

Posted by UncleFollower > 2024-07-17 12:16 | Report Abuse

I may be dead wrong...but this kind of movement precedes a huge uptrend.

First round push done, the sky high volume at 52+ could have went either way. In hindsight that should have been an exit for short term traders. Too much resistance they bring it down to flush out more of us before next round, this is what's happening now.

Now it's pretty amazing they have been able to control the share price and volume at almost identical levels for days to come. This is intended to wear out shareholders patience and flush them out.

It does not look like distribution yet. Silly to make it look so weak day day black candlestick if they are enticing buyers, this is enticing sellers instead.

If the stock is weaker they should have pushed it down to 40 and below and scare us off for good. But it looks like they are not doing that because that will cost them much more and we may pick it up cheap. In that scenario we should see a deep V shape move. But it's not happening. So this player is very patiently doing his job maintaining it at newly established support around 45. Won't let it break either way.

Yeah when stock don't move I like to imagine things. Could be dead wrong - like there's impending bad news and this is all just part of distribution. Really doesnt look the case esp w market so bullish.

Meanwhile, happily trading construction counters. No urgency here...when my construction stocks are ripe maybe take profit and park it here 🤣

SinGor

4,925 posts

Posted by SinGor > 2024-07-17 18:27 | Report Abuse

The chief that can give "OK" who gets NIISE Change with New Political Boss. But office staff "Never" change.
All Co details are Known regards who is the new Boss---They can award Contracts in 2 weeks---Now 52 weeks
Later we still donT know who gets what ?????? Very strange

8dragon

2,218 posts

Posted by 8dragon > 2024-07-18 10:46 | Report Abuse

DNEX survival is very much depending on the government projects, it is not competitive compare to other tech stocks ...

143922

518 posts

Posted by 143922 > 2024-07-18 11:56 | Report Abuse

Ajlan ada

Post a Comment
Market Buzz