Saw it has net cash 3xm and making good PAT from this qr release,if the company has turned around I believe they should start paying shareholders dividends
gotta be calm through the storm and believe in the company. alot of ppl selling and taking profit due to bad market sentiment. my views ... donald trump will not allow market to crash before presidential election. these are just few days where ull see ppl panic selling and taking capital. yes it is a wise move. but for those who are staying invested and believing in the company, let's do it tgt.
@stockoracle, which do you think is better, DNONCE or VIZIONE? VIZIONE seems to have a slightly better track record copared to DNONCE and looks like a little more room to grow. But their selling volume vs. buying volume is crazy high! Thanks for the feedback!
randomrandom@both are good. don't put all your eggs in one basket. spread it. both yields are good. both are solid companies, profitable quarter on quarter and the construction sector is bound to recover. Vizione's PRE-MCO price is 0.955 so you can imagine the upside. well, look at the price now for Vizione it is rock bottom. but the yield is massively attractive. just up a 3-4 cents you earn like 5-6%. can you imagine if you earn that everyday? My research shows that it has more projects coming up. it is a cash rich company with a billion ringgit order book. nothing to worry. solid kao kao fundamentals. it can only get better as it has seen the worst. now it signed a MOU to buy a glove co. wait next month it signs the definitive agreement, pancut again...
D'Nonce is also solid and the fundamentals are good. very good potential to shoot up to 0.80 in the near future. collect cheap buy on weakness and be patient. these are rock bottom prices already, it cannot go lower. it can only go higher.
randomrandom@ you know what is the beauty of it? even with that crazy selling volume, it did not drop below 43 cents. shows no one is so stupid to sell cheap no one is desperate...and later the rebound was a solid one. shows the power and value of this stock...
yeah. thanks. unfortunately i have been making some wrong decisions, so being a little more careful of my next steps. my investments are scattered with Carepls, Bintai and Dnonce for now. carepls and Bintai are red (and not very promising tbh), so i'm not touching them for now.
yea i also have stakes in carepls I am not touching it for the time being. I am trying to make up my losses in carepls from D'Nonce and Vizione. I prefer these 2 counters because the yield is much higher than topping up in carepls to bring the carepls average down. mathematically, it makes more sense to buy a solid undervalue cheap stock that will shoot up soonest due to the rock solid fundamentals plus now these 2 stocks been through hell and you can see its resilience at this price range it gives the confidence to pump in on weakness...and never forget to take profit. do it several times...
@thestockoracle - Hi guys! Just wanted to say to TheStockOracle...looks good here. Thanks for all the updates! Truly glad for you guys. May the value continue to go up! I won’t comment more as I’m not a shareholder. I am not going in to these counters because I don’t want to monitor the stock I had a bit of fun with the glove stocks and now can’t play anymore until it rebounds, whenever that may be. My initial worries were unfounded, normal newbie emotions ...I forgot how deep my pockets are and looking at my cash reserves, the paper loss is not an issue for me. It’s become a long term investment. All good. Take it easy peeps and all the very, very best!!!
AS the share prices of rubber glove companies continue to soar, many investors may not be aware that D’Nonce Technology Bhd, a Penang-based diversified engineering solutions provider, is also part of this growth story.
That is because D’Nonce produces packaging boxes for major glove makers in Thailand. Its factory is in Sadao, in Songkhla province, the country’s glove manufacturing hub.
D’Nonce group CEO Tho Yow Yin tells The Edge in an interview that the general public is not aware that the group is an indirect beneficiary of the Covid-19 pandemic, or rather, a direct beneficiary of higher glove demand.
Hang in there stockoracle! May not rebound now as it’s a global crash but we all know the market is cyclical...there are deep downs and also steep climbs. All the best!
just remember that D'Nonce just recorded a massive quarterly profit. nothing fundamental has changed it is just irrational market selling for no apparent reason based on sentiments.
don't sell your shares cheap. a lot of people wanting to buy cheap...if you want to make profits, hold on to your share and only sell when the price goes up high enough
i averaged down my shares and now im in an avg price of .54 . very happy with my current avg and i believe this share will at least hit 0.8 in the long run .
Topglove is moving up with TS's hints, sales most likely is strong. Since Dnonce is producing the boxes for them, Topglove's sales amount comfirm bring up the Dnonce's sales
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Posted by thestockoracle > 2020-09-04 12:05 | Report Abuse
carepls yield is not that good haha...