DXN HOLDINGS BHD.
KLSE (MYR): DXN (5318)
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Last Price
0.48
Today's Change
-0.005 (1.03%)
Day's Change
0.475 - 0.49
Trading Volume
2,049,800
Discussions
Be the first to like this. Showing 50 of 516 comments
Related party transactions are commonly perceived as red flag in detecting breaches to the arm’s length principle where related party transactions may be engaged under the influence of existing business relationships and the agreed-upon price of the transactions may differ from actual fair market value.
Minority shareholders have no say in such practices, and in this case, apparently some key shareholders vent their disagreement by selling down the shares.
1 week ago
Tmr of story, don't miss use company fund for private jet..
SUPERMX is the lesson brfore
1 week ago
Some companies take shareholders' support for granted, and some don't really care about the minority shareholders. The actions and decisions of their leadership team tell a lot about their characters.
1 week ago
People seem to think that travel to South America region is like travel to Bangkok lol... Having a leased aircraft can be less time consuming if they are always on business trip to supervise their oversea operations
1 week ago
Monday sure bounce back 0.55, get ready.. good to see DXN recognize achievements through awards while honoring people drives our success.
1 week ago
Leasing aircraft can enhance DXN's brand image and also means that the company has strong financial stability 😁
1 week ago
Leasing the aircraft from own boss means the cash will flow back to the boss. Smart 😎
1 week ago
I think there will be new major shareholders, who are the recipients of the shares
1 week ago
DXN Holdings has a fully integrated supply chain, which means they oversee everything from cultivation to distribution. This control ensures the highest standards in product quality and reliability.
1 week ago
Buy & wait rebound above 0.50, singapore shareholder disposing of a 4.5% stake, comprising 223.77 million shares, in a direct business deal believed to be at 60 sen per share for a total of RM134.26 million.
1 week ago
Next support level is 0.400. A great rebound might occur when it hits that price
1 week ago
yes thanks DXN , managed to collect the falling durian this morning at 0.445 - 0.45, : )
1 week ago
Current PE is quite low also, which is only around 7.75x. It's a good deal
1 week ago
of course attractive lor, only retails are dumping their tickets.. now rebounding is on the way
1 week ago
Director was buying back the shares at 0.50. What're you waiting for 😁
https://klse.i3investor.com/web/insider/detail/D_182313_2400182435
6 days ago
The market will slowly digest the aircraft matter and it will surely bounce back to 50 sen and above
3 days ago
Whats the matter with the lease? It wont create any financial distress if the company has the ability to generate profit
3 days ago
DXN is able to generate over RM50 million in profit in a quarter, this lease expenses is just a piece of cake for them
2 days ago
In my opinion, the company annnouced the jet lease on 6 Nov before the ex-dividend date 12 Nov comes, which made the shareholder disppointed and selling the shares to the lowest price. Then they bought back them at the lowest price.
2 days ago
Good also if those people sell on the lease announcement, then we can enjoy better yield and capital gain
2 days ago
That's right. Smart investors buy stocks when they pull back, rather than chasing them higher like others
1 day ago
DXN’s business model has proven resilient, even during challenging times. Their adaptability and strong market positioning make them a stable and promising company to follow.
23 hours ago
For a company like DXN in a growth phase, leasing a corporate jet can streamline access to markets and enhance executive productivity too
11 hours ago
Another positive closing, preferably above RM.49 (5D MA) could spur further rebound towards RM0.53 (10D MA) and RM0.56 (20D MA) zones. No worries for DXN
5 hours ago
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Jack Khan
Private JET for TOP Sales individual I think it is OK! Just the price is too expensive! RM30m /300 =0.1m per hour trip!
They want to Contraband, is it?
1 week ago