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Overview
Financial Highlight
HeadlinesBusiness Background DXN Holdings Berhad is an investment holding company and engaged in the provision of management services. The Company operates in two segments: multi-level marketing and property development. Multi-level marketing is engaged in manufacturing and selling of health supplements and other products on a multi-level marketing basis. Property development is engaged in housing developer and contractor. Other segments consists of operation related to travel agent and tour operator, information technology consultancy and advisory, manufacture and sale of biodiesel related products, investment holding and provision of management services. On June 2, 2011, the Company incorporated a wholly owned sub-subsidiary in Argentina, namely DXN Argentina S.R.L. (DXN Argentina). During the fiscal year ended February 28, 2011, the Company through its wholly owned subsidiary, DXN International Holding Limited (DXNIHL), acquired an additional 12.25% interest in DXN International (Thailand) Company Limited.
 Be the first to like this.   bursabets 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. 08/11/2024 11:00 AM pang72 Tmr of story, don't miss use company fund for private jet.. SUPERMX is the lesson brfore 08/11/2024 11:52 AM bursabets 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. 08/11/2024 12:49 PM moneymanager 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 08/11/2024 1:59 PM Kkristal Monday sure bounce back 0.55, get ready.. good to see DXN recognize achievements through awards while honoring people drives our success. 08/11/2024 5:26 PM AlphaAdventurer Leasing aircraft can enhance DXN's brand image and also means that the company has strong financial stability 😁 08/11/2024 10:40 PM hotjazz Leasing aircraft is one thing, leasing it from own boss is another thing. 09/11/2024 1:07 PM CarolineTeoh Leasing the aircraft from own boss means the cash will flow back to the boss. Smart 😎 11/11/2024 9:57 AM MarketNavigator I think there will be new major shareholders, who are the recipients of the shares 12/11/2024 5:13 PM moneymanager 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. 12/11/2024 5:51 PM yifeng 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. 12/11/2024 6:36 PM ArianaGoh Next support level is 0.400. A great rebound might occur when it hits that price 13/11/2024 10:08 AM  GoldenShares yes thanks DXN , managed to collect the falling durian this morning at 0.445 - 0.45, : ) 13/11/2024 4:22 PM AlphaAdventurer Current PE is quite low also, which is only around 7.75x. It's a good deal 14/11/2024 10:11 AM LuckyKoi of course attractive lor, only retails are dumping their tickets.. now rebounding is on the way 14/11/2024 5:33 PM CarolineTeoh Director was buying back the shares at 0.50. What're you waiting for 😁 https://klse.i3investor.com/web/insider/detail/D_182313_2400182435 15/11/2024 1:16 PM ArianaGoh The market will slowly digest the aircraft matter and it will surely bounce back to 50 sen and above 18/11/2024 10:12 AM moneymanager Whats the matter with the lease? It wont create any financial distress if the company has the ability to generate profit 18/11/2024 6:03 PM MarketNavigator DXN is able to generate over RM50 million in profit in a quarter, this lease expenses is just a piece of cake for them 19/11/2024 8:28 AM Kyuki0509 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. 19/11/2024 11:45 AM moneymanager Good also if those people sell on the lease announcement, then we can enjoy better yield and capital gain 19/11/2024 7:38 PM AlphaAdventurer That's right. Smart investors buy stocks when they pull back, rather than chasing them higher like others 20/11/2024 11:53 AM moneymanager 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. 21/11/2024 12:23 AM CarolineTeoh For a company like DXN in a growth phase, leasing a corporate jet can streamline access to markets and enhance executive productivity too 21/11/2024 12:27 PM lawlite007 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 21/11/2024 6:15 PM ArianaGoh Leasing a jet also can avoid the significant capital expenditure required for ownership, such as the purchase price, maintenance, and storage. It's a smart move 22/11/2024 11:35 AM meowmeister DXN has an attractive dividend yield of 7.58% + a low P/E ratio of 7.67, time will prove them wrong 22/11/2024 7:26 PM AlphaAdventurer Very true. Now is the time to buy low and ignore the unnecessary noise 25/11/2024 11:34 AM moneymanager A wise investor will never give a damn about retails' noise and hunt all the undervalued growth stocks like this one 25/11/2024 6:35 PM | |
