Posted by 8dragon > 1 week ago | Report Abuse

Back to square one by the end of the day...

Posted by newbie9893 > 1 week ago | Report Abuse

Confirmed uptread mode....TP 1.00 by the end of the year

Posted by scjm > 1 week ago | Report Abuse

after 2 weeks it is still within the war zone 39 to 42; could develop into a triangle pattern

Posted by pinetree88 > 1 week ago | Report Abuse

Got back in today 0.415. Looks gg uptrend if can close 0.415 or better.

Posted by younglean > 1 week ago | Report Abuse

Dnex alrdy broke the hard rock at 40 cents. Now it is back to uptrend, ha

Posted by 8dragon > 1 week ago | Report Abuse

Just a technical rebound to trap those who buy in today... tomorrow gone gg

Posted by Lee Ying Yee > 1 week ago | Report Abuse

why pp ? why done buyback ???/

Posted by willywonka > 6 days ago | Report Abuse

The placement price is set at 0.36 so to get the 133 Mill rm there will be issued additional 370,000,000 Shares..Now just need to see who will buy the full lot and how long they need to hold them before they can sell

On behalf of the Board, UOBKH wishes to announce that the Board had on 6 May 2024 resolved to fix the issue price for the Private Placement at RM0.36 per Placement Share.

The issue price of RM0.36 per Placement Share represents a discount of 10.00% to the 5-day volume weighted average market price of DNeX Shares up to and including 3 May 2024, being the last traded day of DNeX Shares immediately preceding the price-fixing date, of RM0.400 per DNeX Share.

This announcement is dated 6 May 2024.

Posted by willywonka > 6 days ago | Report Abuse

So probably a very REd day ahead today for DNEX :-(

Posted by anson938 > 6 days ago | Report Abuse

4-6 still intact... Might go up highest once good QR announced

Posted by ken2004 > 6 days ago | Report Abuse

So, this is the reason for the movement, it is just for this placement that DNEX need to be above 0.36, attractive to 10% discount which after done the subscription, will dash down back most probably if there is nothing substantial to backup the uptrend........

Posted by MayTanT > 6 days ago | Report Abuse

Natsuko, how? Could still buy?

Posted by Gaussian > 6 days ago | Report Abuse

TP RM 4-6. lol

Posted by 143922 > 6 days ago | Report Abuse

😀

Posted by ltw1123 > 5 days ago | Report Abuse

Price still holding above 40cent. Is that a good sign?

Posted by 8dragon > 5 days ago | Report Abuse

Will drop back to 0.38.. just be patient

Posted by anson938 > 5 days ago | Report Abuse

08/05/23- highest price 0.535
After a year..
08/05/24 closing price???

Posted by 143922 > 5 days ago | Report Abuse

Relax

Posted by ken2004 > 5 days ago | Report Abuse

Is the 0.36 extra share issued already? as i believe this why the price been defend above 0.40 right now else who will go and subscribe if the price crash down below that..........

Posted by ken2004 > 5 days ago | Report Abuse

Then we will see whether the price still be above 0.40 once this whole placement over, most probably will crash down especially if the next coming qtr below expectation again........

Posted by anson938 > 5 days ago | Report Abuse

Support level @ 0.405

Posted by karfaichow > 4 days ago | Report Abuse

DNEX trap?

Posted by anson938 > 4 days ago | Report Abuse

Might toward 0 42 again & try to break the resistant level before go higher..

Posted by stainlyho37 > 4 days ago | Report Abuse

look like going retest 0.425/0.43......and fly....

Posted by scjm > 4 days ago | Report Abuse

until the 10% is taken up the price would not fall below 40 sen; thereafter the price movement depends on the quality/caliber of the subscriber(s) and benefits that would derived from the subscriber(s)

Posted by jazmaster > 4 days ago | Report Abuse

Nice, Dnex is going up together with KLCI 🔥

Posted by younglean > 4 days ago | Report Abuse

DNeX's double-digit growth target stirs investors' interest

https://theedgemalaysia.com/article/dnexs-doubledigit-growth-target-stirs-investors-interest

Posted by Diego66 > 3 days ago | Report Abuse

Looks like 43 cents is the next hard rock for it to break ..

Posted by willywonka > 3 days ago | Report Abuse

Younglean..Why post an article from 2017 ???

Posted by karfaichow > 2 days ago | Report Abuse

Next week going to dump? Good luck guys.

Posted by anson938 > 1 day ago | Report Abuse

4 to 6 still intact

Posted by KingDavid > 17 hours ago | Report Abuse

Likely RM0.4 to RM0.6. Since support level at RM0.4 is strong, moving up is inevitable. Whoever is taking up the 10% PP, will not look at the 4 cents difference. Hopefully it will be someone like Foxconn.

Posted by UncleFollower > 16 hours ago | Report Abuse

Agree. DNEX is clearly in play and not for 4 cents. Actually it has always been in play. Push up distribute all the way down and the flash crash in Jan. Now barring a broader market crash, it doesnt look like the right time to push it down again. Maybe it's a better time to push it up and distribute

Posted by ken2004 > 8 hours ago | Report Abuse

More to next qtr, what will be the profit or losses to determine the direction of the price........