The thing is will you buy in if you don't know whether any, plain on betting lucky.....this is the problem, nothing on sight, just pure feeling it look cheap.......
Well guys, at least the national single window trade contract has been extended. Given no announcements previously I actually thought even that could be terminated 😂
"Dagang NeXchange Bhd (DNEX) has been awarded a one-year contract extension by the government to manage the National Single Window (NSW) for Trade Facilitation system. With this, DNeX through its wholly-owned subsidiary Dagang Net Technologies Sdn Bhd will continue its role as operator of the system until Aug 31, 2025."
LOL, this is why i said there is no impact at all, for DNEX, it is like slow death to me, worst when next qtr which i think is nov....nightmare to hold this share, like now, is this cheap enough to enter..........like new low each days...........
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However I do think the market will view this set of results positively. Neither you or I expect Silterra to churn out a profit just yet, but look, Silterra has some nascent signs of turnaround - it should be the best performance since 3Q22. Coupled with some speculative play, when market comes back this one not yet game over bros
That an excruciating result ...goodbye to those still hoping for the best. .. this management is nothing more than waiting for goodies frm gov b begging for contract extensions
It is a pretty stagnated Q2 with no loss on cash or valuation. The only positive is the 13% increase in sales for Silterra. They can't control the Oil price but Positive will only come in 2025 with the double output. So hopefully Silterra will continue the positive order intake, They will get the government subsideries, Win the Arbitation and then get the JV with Foxconn finalized and started.
It doesnt really matter now how many Billions (3.3) shares there is..It still just a company value that matters. As long as they don't dilute it anymore so the shareholders loose more value.
More Project but profit drop more.or lost more..those counter like : MSM,FGV,UEMS,MRCB,SAPURA,DNE下,。。。SERBADAK,MAS,POS,Datapred,Dnex.....n more B.Com..dan't touch...inside more Dracula,Phiranna,Crocodile....drink your blood n eat your meat...
Sorry to said, just like I said the patience for this share is long gone, worst for those still holding during glorious time, still not able to decide cut loss or not........reentering again to average down will be like cannot see the bottom...............
After you read the whole article, I cannot see anything, all empty talk to me........means there is no concrete contract.........unless gov drop big it contract to them, the wafer is normal empty talk, the oil not really bombastic else won't just so quiet only.......
@ken this is why DNEX is at this price...people who buy DNEX hoping for jackpot. Imagine if any of the empty talk materialises, there'll be a big jump in share price. This is the price to pay for jackpot. You have to buy the same number everyday, then one day your number strikes lol
Yes, this is the dilemma for those glorious days holder, what if I cut then the share jump lol, yes, if you want to bet, then yes, you can buy at this price, just pity those above 0.40 holders only. Not easy seeing this keep drifting lower and lower hoping the one day which like not coming......
To be very honest, I am not losing money here, on average. The sold portion puts my Avg below the placement price of 36c as was my plan. But I am definitely losing money everywhere else, this small mid-cap sell off is very brutal
seriously, if your average is still below 0.36, I only can said your buying time unless is during those early Jan this year when the price crash below 0.36. Other than tat time, most of the time cross 0.38++ to even 0.40++. maybe you are the only one still holding those average below 0.36 which I believe most of here does not have such low average as mostly most will already sell off during 0.40++ already....and I think most will waver once the 0.40 mark cross till 0.36 now.......
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@ken yes average below 0.360 includes loss of a lot of profit la. Started buying from 0.320 and averaged up all the way. Sold at 50s and high 40s then started buying back in tranches as it started falling. Back then, support looks good, volume still there, forming nice flag and appears to be poised for a rebound. Alas, sad case. Of coz if I only sold and didnt buy back, I would be laughing to the bank now. Regrets~~~
Oic, at this condition now, will still bet on DNEX to think there is a comeback or to buy more or think this will drop more, so keep more bullet to average more lower or totally let go the whole thing, yes, difficult choices......been on this stage before......
Hard to say where it's going...for good counters, you look forward to good results and then share move. For lousy counters like this, you look forward to results announcement to be over, then between now and the next results, there'll be speculative play lol
Can't quit yet, have to give face to CEO's ambitions - Foxconn plant, CGP resolve, Silterra recovery, Ping doubling of production, NIISE, Saudi JV, Korea JV, walao really ambitious fella
But all this is old story.........plus when the story at peak also not much impact to the share.....NIISE is very not optimistic lol as the tender price already mention higher alot than the competitor......
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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....
8dragon
2,217 posts
Posted by 8dragon > 2 months ago | Report Abuse
I don't buy this counter bcoz i don't trust the management...