If the share price can jump to rm2 (got the project)then I expect a heavy snow fall in Malaysia lah.. I’m not that greedy, let the share price hits 0.50, 0.80.. 1.00 slowly slowly up..☺️
The cost of this exercise has already cost too much in compensation. The present GOM is probably thinking of passing this on to the next incoming goverment after the election.
Yeah you're right, technically speaking. I was in DNEX in the first dip after the CGP case...just when I can't sleep it started surging and I escaped. 2nd round same. 3rd round sideways hit and run made a bit. 4th round is the big drop to 32c and averaged up, then sold some in the recent months. Naturally...average is pretty low
Like now, even at among the lowest price now, to me, it will go further down if next coming qtr which should be around sept/oct, another not meeting expectation qtr which to me is likely the case as there is really not much catalyst to spark up the price, NIISE likely low chance, so to me, it is like mostly dormant around this price, worst if meet any stock market in red moment, this is just crash to below 0.35.......
even till now i also not sure DNEX at what industry lol, IT? oil? SILTERRA? all like half baked, half foot in that industry which any of the industry booming also not really help DNEX lol
Ken...DNEX is a Holding company that has invested in IT, OIL and Semiconducter manufacoring so not sure what you mean with what industry. its in 3 areas as you mention yourself.
Like you mention, IT, OIL and Semiconducter but when oil raising madly, all the oil stock will up but for DNEX which is not pure oil will not see much movement, then when semiconducter good news, those pure semiconducter will up but how about DNEX.....surely like SILTERRA madly generating hundred millions each qtr, DNEX become the darling stock, but now.......become those were the days...........
You're right, but that's not becauuse DNEX is diversified. It's because DNEX has yet to show they can benefit from the purported "good news". Being diversified is actually its strength right now. If not for these 3 sectors, DNEX can go to 20 cents easily given how they are performing
Over 600M poured into Silterra, cold hard cash. There's capacity to capture market recovery. Silterra isn't the only one being hit by this down cycle. It's called a cycle because it will come back
Foxconn plant we don't know what's happening. It's politically a plus. Not sure why Govt is hesitating. Afterall, Foxconn is a legit name, more people know Foxconn than Infineon
Oil is steady now. They raised money from placement for Oil. Oil will be its bread and butter in the medium term, this is supporting its share price to be honest. Longer term there will be a spin-off.
Tech services is the black horse. So far still no announcement on National Single Window trade thing renewal. So far still no news on NIISE. There are also overseas tenders pending. DNEX is basically just a work in progress damn. But this sector will be given a good valution balancing oil's low valuation. Across Bursa-verse, MYEG aside, DNEX is quite a legit contender, politically and fundamentally - don't forget it has been in this business for a very long time
Sooooooo...if one has patience, DNEX is ok, it's not shit really
Technically, we have seen this before everywhere. The huge rounding top shows uptrend is over. It will now consolidate side ways below 200MA. So until good news, it'll be a long boring wait
Problem there is no breakthrough which means no improvement, so the price will keep stagnant or even worst to a slow death going down cent by cent, forget about dividend at all as the profit is not high enough to announce any.
the thing is if i am looking out for oil, i won't buy DNEX, if i am looking at IT or tech stock, I will not look at DNEX also, if I look at semiconductor, i won't be looking at DNEX also, surely unless you are looking at SILTERRA, NIISE but look not optimistic to bring the price up..........
To ask why i m still around lol, maybe just to tell myself yes, you are right to cut loss when SILTERRA go bust lol else it will be a nightmare awaiting for the dream to come true to one low to another lower, maybe even more lowest later on. Not sure whether possible to test 0.30 and below, maybe next qtr announcement.....
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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
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Posted by anson938 > 2024-08-15 22:01 | Report Abuse
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