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Overview
Financial Highlight
HeadlinesBusiness Background D'Nonce Technology Bhd is involved in the provision of management services and investment holding activity. Its business is functioned through three main divisions namely Integrated Supply Chain Products and Services, Contract Manufacturing, and Supply of Packaging and Other Materials. The company is engaged in the manufacture, sales, and distribution of packing material, electronics products, food-related products, and consumables. In addition, it is also operating as a contract manufacturer of electronic components. Geographically, all the activities are functioned through the regions of Malaysia and Thailand of which Malaysia regions account for the majority of revenue.
  Kellyy33 i wonder any warrants or ESOS exercise today. Every other day also exercise something to push the price down ...... ^_^''! 14/10/2020 10:53 AM Boringguy @fundamentaler, yes Dnonce packaging at thailand supplier to Topglove and Sri Trang Argo.... who is Sri Trang Argo, STA is thailand biggest glove producer and also World Top 3 glove production... https://www.bangkokpost.com/business/1580330/sri-trang-gloves-moving-forward-to-the-worlds-largest-top-3-gloves-manufacturer 15/10/2020 8:58 AM Kellyy33 Another day another warrants exercised .... la la la la ...... Why you have exercise every other day, so healthy ar ..... tsk tsk .... 15/10/2020 3:20 PM terence775 Many warrants will continue to be exercised, as they are expiring soon. Warrant holders can decide either to exercise their warrants or throw it away. Exercising warrants is good for the company as it provides a cash flow injection. At the same time, it does dilute the share base by up to 10% if all warrants are exercised. As long as the company knows how to use the money, conversion of warrants into mother share is something I view positively. 15/10/2020 5:43 PM Kellyy33 I agree with you Terence775 as warrants is expiring in November hence Dnonce for now is currently undervalue but so long as the fundamentals of the company is strong, it will reflect on its share price in near future. If i'm not mistaken there is still 30% left for the exercised of warrant, so it is expected for the price to remain floating at this range. On a side note, i'm just bored and want to tease a bit with the exercising of the warrants .... Exercise ar, during CMCO must stay healthy ! ^-^ 15/10/2020 7:10 PM karimboss Provider of packaging and polymer engineering solutions Dnonce Technology Berhad (Dnonce) is a Bursa Malaysia main-board listed company that provides packaging and polymer engineering solutions. Its products and services mainly cater to three main industries: i) healthcare (34% and 41% of 1QFY4/21 total revenue and operating profit, respectively), ii) electrical and electronic (E&E; 58% and 56% of 1QFY4/21 total revenue and operating profit), and iii) manufacturing (8% and 3% of 1QFY4/21 total revenue and operating profit). Direct beneficiary of strong global glove demand due to Covid-19 At the onset of Covid-19, glove makers is experiencing surge in glove demand, indirectly benefitting the entire rubber glove supply chain. This includes Dnonce, a key supplier of glove packaging boxes via its strategically located factory in Sadao, Thailand. Media reports (The Edge Markets) suggest that Dnonce currently commands a c.30% market share (sales volume) in Sadao, where many glove makers are located, i.e Top Glove (TOPG MK, Add, TP: RM10.00, CP: RM8.76) and Sri Trang Gloves (STGT TB, NR). Growing capacity to cater for expected increase in demand On the back of robust global glove demand, both TOPG and STGT have stated plans to expand their glove production capacities in Sadao, Thailand over the next few years. In order to capture an expected rise in demand of packaging materials, Dnonce stated plans to gradually increase its Sadao production capacity by 50% from end-CY20F onwards, as its plant is already running at full utilisation rate currently. Dnonce expects capacity growth in the healthcare segment to underpin its earnings growth for the next few years. Riding on a recovery in the E&E segment Owing to the current global digitalisation trend, there has been rising demand for ITrelated products and services. Dnonce plans to ride on this trend, leading to higher demand for its manufactured E&E products, such as printed circuit board (PCB) components and precision trays. In addition, Dnonce expects higher demand for its cleanroom and box build assembly services that focus on memory drives (surge in cloud computing services that require memory drivers to support data centres). Dnonce expects a turnaround with strong performance ahead In 1QFY4/21, Dnonce announced a positive net profit of RM3.8m (>100% qoq and yoy), post two consecutive quarter of losses. While it is currently trading at a trailing 12-month P/E of 30.1x, Dnonce is of the view that the worst is over, and expects stronger results going forward, backed by: i) strong demand for glove packaging boxes, ii) capacity expansion plans in the glove packaging business, iii) recovery in the E&E segment, and iv) ongoing cost control measures. 15/10/2020 7:13 PM Broker77 D’nonce packaging boxes are being used by major glove manufacturers including Top Glove Corp Bhd.. 16/10/2020 9:26 AM terence775 terence775 Anything below 0.6 is a no brainer buy imo. even at this price I would still buy, but my exposure to this stock is already very high so I want to manage my risk. very promising company. this is not a buy/sell call. 24/09/2020 12:25 PM terence775 Patience will be rewarded. 13/10/2020 11:09 AM terence775 Dnonce technical chart very nice. 13/10/2020 5:35 PM 16/10/2020 10:23 AM Jaketan 3rd time it broke 70 and went back down, looks like collection. Correct me if I'm wrong 16/10/2020 10:14 PM  Lukesharewalker There will be plenty to collect when the estimated 10 to 15 millions warrants left converts.... 17/10/2020 9:50 AM alexsoto the chart looks very promising, topglove still gaining momentum even when the import ban hasnt been lifted, so goodluck guys 19/10/2020 10:22 AM jesscheng Sorry, i'm new to stocks. If I buy Dnonce warrant, when must i sell if I don't want to exercise it? What is procedure to exercise? Thanks. 20/10/2020 1:16 PM  acronyx @jesscheng can refer to this post https://klse.i3investor.com/blogs/purelysharing/2017-06-08-story124972-A_comprehensive_guide_to_trading_warrants_and_call_warrants_Part_1.jsp 20/10/2020 2:34 PM jesscheng acronyx .. thanks, very informative. Specifically, for Denonce-W, would the warrant stop trading by 25th Nov of 25th Oct so that it can be exercised? 20/10/2020 3:46 PM Lukesharewalker This stock is in a sweet spot. The more gloves players there are, the more packaging they need. 20/10/2020 10:38 PM Value_Investor_888 TURNAROUND STORY FOR D’NONCE -> TWIN ENGINES OF GROWTH! D’NONCE: 1QFY21 NET PROFIT SOARED 447.9% OVER FY20 NET PROFIT, MAINLY BOOSTED BY SUPPLY OF PACKAGING TO HEALTHCARE SECTOR (GLOVE) 1QFY21 net profit of RM4.0 million surpasses FY20’s full year net profit • Experiencing strong orders from customers in the healthcare sector, while demand from E&E sector is growing as well. • Expanding capacity to cater for increasing demand. • The Group is cautiously positive on its outlook, riding on twin engines of growth -- healthcare and E&E sectors. 20/10/2020 10:56 PM jungleboy dono why dnonce didnt fly as other glove stocks...anyone can tell me wht s the issue? 21/10/2020 10:03 AM Lukesharewalker Conversion of warrants. Influx of shares supply. Should move by mid November 21/10/2020 1:59 PM Mush Joker new production for packaging in end of december. now mayb ding ding dong dong only 22/10/2020 10:01 AM terence775 0.62 maybe still can get. 0.5 I think quite impossible. Anyway good luck. Just a matter of time before it takes off again, gut feeling. 22/10/2020 11:20 AM Lukesharewalker Doubt it will go that low...its an ascending triangle trip, think institutions are accumulating. No brainer, with the influx of new market players packaging is running at full demand for the next year or two. 22/10/2020 9:07 PM jungleboy below 65 is a good time to accumulate...a matter of time to shoot up...really no doubt cmpny is making profit 23/10/2020 9:32 AM jungleboy if u see huge volume as the price goes up..it s uptrend breakout time la...watchout!! 23/10/2020 9:33 AM Aisha Am still waiting and waiting. Shoot up to 0.71 cents still keeping, down again and still waiting 23/10/2020 12:50 PM Lukesharewalker Maybe next QR eps closer to eps 2 cents. Annualized 8 cents . As demand is assured, at pe 15, that's 1.20! 23/10/2020 3:36 PM  | |
