don't panic, this is healthy adjustment if no news.

welcome jayalbert

this is another lesson on mentality training this morning. some run, some hold and some buy.

wow, add some

WB is slightly cheaper at 0.085, exercise value 0.1. to convert to mother cost at 0.185 and going to expired in Feb 2018.

pls post your X Factor or repost to I3, Dont wait.

Manmy, why not you post an article regarding how you utilize your dynamic and X factor for stock pick. Let every one open their eye to see you powerful X factor Lol.

For those warrants holder, free warrants will automatically credit to you CDS account on the entitlement date.
No need to submit any things

This is a little bit advantages for those holding mother share, 8 to 1 free wd (12% no of mother) and it's list price around 5-5.5. mother new adjusted price around 12.5.
the gain of mother share holder=12% × 5.5/12.5=5% in total share value.
this is advantages for mother share holder. I think this is fair package and company encourage you take mother or convert to mother.

my understand,
warrants exercise price adjustment base on number of mother share were change.
New warrant issue, wd ...wz will not affect the exercise price of earlier issued warrant.

I try to understand, I finally understand so call X Factor are sentiment news speculation all together it create the so call the strength and momentum of the price. Manmy , correct?

thumbs up

Last chance before QR release,
The comparison of the Effective PER for 2016 for similar industry with Dnex as below:
Purely e service MYEG was 80x
Purely oil and gas (share drilling platform with Dnex) was 16x
Dnex was 18x

This is not a buy call , you judge by yourselves.

Remarks.
Effective PER was calculate base on total share price factor in total liability over the real gain.
For a high debt company will have to deduct it profit to pay for the debt , compare to zero debt company which profit were 100% converted to real gain. Even a company with low PER, it effective PER can be high if the debt was high.

No worry for warrant holder, you also entitle free warrant and excercise price will be adjust accordingly.

WB and WC entitlement and exercise price may only be anounce after 16May17 I assume.

Remarks :
Shareholders are advised to read this notice of book closure together with the Company's announcements dated 12 May 2017 in relation to the notice of book closure for the Bonus Shares, adjustments to Warrants B and adjustments to Warrants C, respectively.

The Warrants D will be listed and quoted simultaneously with the Bonus Shares, additional Warrants B and additional Warrants C two (2) market days after the receipt of the quotation application by Bursa Malaysia Securities Berhad. The notice of allotment of the Warrants D will be issued and despatched to the entitled shareholders in due course.

Warrant B holders and/ or Warrant C holders who wish to be entitled to the Bonus Shares and free Warrants D should exercise their rights to subscribe for new Bornoil Shares by lodging their duly completed exercise forms together with the relevant subscription monies with the Share Registrar, Labuan Corporate Services Sdn Bhd, on or before 5.00 p.m. on 16 May 2017. This is to enable the new Bornoil Shares to be issued arising from such exercise to be allotted to the respective Warrant B holders and/ or Warrants C holders such that their names will appear on the Record of Depositors of Bornoil Shares as at 5.00 p.m. on 26 May 2017.

Arising from the migration to the no par value regime under the Companies Act 2016, par value is no longer relevant.

This announcement is dated 12 May 2017.

ex 24may, entitlement 26may

Any News?

One problem , Palm kernel oil drop sharply since highest in Jan17 at Rm7864/tons to Rm5451/tons on Mar17.

Raya Angpao , wkwk

anyone attend the agm, please update if possible. thanks

once result out and price push higher, they can earn some money from the price before Raya. haha

employees expected the result will be very good that way they take esos before the result out.

Ooihk, you expect lot more , I hope so. Haha

Haha, those who look at the oil price to decide buy or sell, you will keep repeating buy and sell every week or even every day. If oil price up, your car stop filling up ?
Oil price low make lesser profit, still making profit. Both segment like oil and e service are growing and make profit, what is the big concern?
Oil price will sustain above USD40, I guess.So many reasons there, not just demand and supply. Main reason also political and geographical reason.
Rich country will not let middle east bankrupt, us want to sell weapon to them to fight IS, if whole middle east bankrupt, then the whole area are IS.

Tai KT Green alarm here, Dnex's cost for oil per barrel is only USD 13.
This profit margin is similar when oil price around usd100 and that time the cost was around USD50 to 60.
Don't just take my statement, you can verify through hibiscus, his parnalship on the same drill platform.

It alway chance when price correction,

Even I know share market will up, I still buy Bornoil. This can balance my risk of market crash. As long as company maintains profit, I still keep. Also it is not just gold mining, gold is around 50%, others segment will start generate revenue and profit.
Never say never, market crash always happen when unexpected. That's way Bornoil is a must for me, the portion up to you and also depend on market Sentiment.

Base on the AR,, healthy balance sheet, improve of profit, strong cash flow and good prospect.

red chip are oil and gas , GLC, penny stock? not China base? Strange to me

reported on the strong export of electronics and semi con, I target it qr sales might hit 85-90m, ror is 12%, high possible it profit might hit new high 11m. Anyhow, just my guessing only. Not a buy call and trade at your own risk.

Foreign fund coming also no scare of the Black Swan, haha

http://www.malaysiastock.biz/Market-Statistic.aspx

Bandar Malaysia will be settle eventually.

efficiency as good as Pbbank

haha

finally 13. towards to 16 in this yr

Sorry , should not talk iwc here, haha.

Iwc 只因为有片地及大马城的project. 如果没有钱投入，你还是一片红红的成绩单，你还认为他值得4.50吗？

Iwc 是炒股，只有ceo自己讲值得4.50， 你去看他的成绩单就好啦

What ever happen to the bandar Malaysia, it is very limited impact to Dnex. The sentiment of investor might poorer, price might lower. But, nothing will change the profit and business of Dnex. Dnex is not doing property, construction or construction material.

Temporary, stay away from any property and construction counter which involve together with China. Rumours are dangerous..

Related to crash of iwcity , bandar Malaysia abandon deal and all kind of rumours?

什么不对劲？

Wow, rebound lai liew

no more panic seller, haha

I every compare Dnex to myeg months ago. No matter how I count and measure, Dnex is far under value if myeg is fair value.
only, I don't want to share any TP becos this is my own target, I don't encourage people to chase people TP or blindly follow.
Different people have different entry price. the risk also different. last week, I top up some although it drop.

comparison of profit should be consistent always. it is no point to compare one with asset evaluate gain and one without. At least you have to take out goodwill included reevaluation gain before comparing.

comparison of profit should be consistent always. it is no point to compare one with asset evaluate gain and one without. At least you have to take out goodwill included reevaluation gain before comparing.

Improving of profit continuesly for sure.