AmInvest Research Reports

Author: AmInvest   |   Latest post: Mon, 27 Sep 2021, 11:14 AM


Stocks on Radar - Dagang NeXchange (4456)

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Dagang NeXchange (DNeX) rose and touched the RM0.77 resistance level. With its RSI indicator trending upwards, coupled with a higher high candle stick pattern, there is a good chance that it would experience a technical breakout and head towards the short-term target price of RM0.81, followed by RM0.845. The downside support is marked at RM0.695. Traders are advised to exit on a breach to avoid further losses.

Trading Call: Buy on breakout RM0.77

Target: RM0.81, RM0.845 (time frame: 2–4 weeks)

Exit: RM0.695

Source: AmInvest Research - 21 Jul 2021

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Labels: DNEX

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Chart Stock Name Last Change Volume 
DNEX 0.81 0.00 (0.00%) 116,208,500 

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Bgt 9963 Post removed. Why?
23/07/2021 8:48 AM
Gerard Lam Note that Silterra has turned profitable for this quarter as semiconductor shortage continues to loom.

Silterra is expected to make further quarter on quarter profit increase as Average Selling Prices for 200mm wafer increase significantly.

Silterra is expected to make USD22mil EBITDA (or RM88mil) for 2021, and profit after tax of USD 13mil (or RM53mil)

For 2022, Silterra's profit is expected to increase more than double above RM150mil due to further increase in Average Selling Prices
23/07/2021 10:04 AM
Gerard Lam For 2023 and beyond, Silterra's profit will increase to more than RM300mil (between RM300mil - RM500mil) due to maturity of silicon photonics and MEMS.

Both silicon photonics and MEMS are used by large global clients in Electric Vehicles and Data Centre
23/07/2021 10:04 AM

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