No cheap sales after quarterly report. Limited selling pressure. Should move upward slowly or more aggressively.

It is orderly selling at RM0.815 now with strong visual support @RM0.8 & above.

Selling pressure is very low. Is it going to take off soon?

Even if TSMC is taking over Silterra, it will at least take a year to strengthen their suppliers, their support vendors, their sales strategy and their product mix and to rectify the bottleneck in their manufacturing processes and most importantly to train and to employ capable manpower to turn around a greatly potential semi conductor facility. Time is needed. Just by putting in place creditable top management, will help Silterra to make hundreds of million a year.

The reaction to the quarterly report is neutral. That is why the share price is so so. I believe the institutions are buying while the retailers are unloading.

I am happy already to see the price above RM0.8 for today.

Strong support at least visually. The purpose is important - For sell or to buy is anyone guess.

Can hold RM0.8 or higher depends on the expectation of the quarterly report to be released likely by the end of trading day today.

May be another day to past RM0.8. RM0.78 is ok also

What do you get the quarterly report? Released already?

Selling pressure is very minimal.

Vey soon, no more RM0.7+. Move into RM0.8+ then RM0.9+ Before you know it RM1+

Go..........!!!!!!

RM0.8 is in sight by today.

Strong buying momentum.

Trevor777, I am not worry. Thanks

Squeeze the retailers to sell?

What is keeping the price @RM0.75-RM0.78 at this level? Quarterly report?

It does not matter whether clever or smart. We are here to make money. Stay cool. Happy & Blessed Mid Autumn Festival for those who celebrate. Good day.

Rebounce strongly.

jk20598, you have a valid point.

Very interesting time. The market downs by 8-10 points and yet very strong buying support.

Furthermore the total oil sold for April-June was 254,945 bbl - That is higher than the production of 126,180 bbl (53% average uptime). In another words, the sales for July - Sept is projected to be affected. Please fill me in if there is a mistake in assumption. Thanks

Based on Hibiscus quarterly report on Anasuria Cluster, my best estimated is RM9 million PBT. Please assist me if I am wrong. Thank you.

Anyone know when the quarterly report will be released?

jlex11, Thanks

jlex11, please share your estimated RM25M PBT for the quarter from April-June. Thanks

rr88, you are day trader, are you?

rr88, please sell to me @RM0.625

Trevor777, I will be extremely pleased if the quarterly (30/6) is about RM25M. I have read through again the quarterly report (31/3), and it does not give confident for the quarter (30/6) to achieve RM25M. I would not complain at all for any PBT RM20M. Thanks

jlex11, don't be disappointed if your expectation of quarterly result ending 30/6/2021, of RM25M does not come true. Bearing in mind, the appeal of the financial penalty of RM10.302 million by MyCC is still up in the air.

Beginner123456, too many people waiting to top up @RM0.7. I believe the operator is collecting on behalf of many institutions. May need to revise upward @RM0.73 to top up.

I have been waiting to top up @RM0.7 since early August 2021.

You can also find double bottom if you want to find. Ha.......

Retailers here can choose to sell or buy with their own intelligent analysis because it is their responsibility for their money. Sad that some of them do not hold any shares and shouted the loudest to........

Gerald Lam, thank you for your continuous facts sharing about the new development of Silterra. Appreciate it !!!

nicholas99, why run? Opportunity to top up more. Every ringgit you put in now, you will surely be rewarded with good return towards your retirement fund.

flash77, you are lucky if you can buy @RM0.7

Trevor777, thanks for your clarification.

Trevor777, I just want to clarify whether Ping is holding 50% of Anasuria and DNeX used to hold 30% before acquisition of additional 60% in Ping.

No announcement yet on QR. Ha... The management is likely has been discussing with the finance department, whether to take up expenses incurred for the acquisition of 60% Ping and 60% Silterra or ....... May be many institutions have been approaching the management to give them chance to acquire shares in the market. This QR will be the only QR that the management can adjust to provide lower profit by taking up more expenses. In another words, the next QR result will be further increased in profit. Whatever the outcome of this coming QR, DNeX is on the way to become a blue chip counter in Bursa.

The selling pressure is building for consolidation if the management is trying to write off any debts and to take up expenses that have been incurred due to the acquisitions of 60% Ping and 60% Silterra. Whatever the decision, the future of DNeX is still as bright if not brighter.

It is also true that DNeX is heavy but solid now. The price will move as it should be steadily upward with profitability in sight.

It will be too late when the newly acquisitions contribute handsomely in the next 2 quarters and beyond.

Everyone is waiting for QR result. The penny stock will push the price up before QR. DNeX is no longer a penny stock. If the QR is not as good as expected, then minor correction may happen and it will present an opportunity for those who is confident of DNeX's bright future to top up more. I am waiting to buy more @ RM0.7

The profit for the additional 60% in Ping will not be realised for the last QR to be announced soon. It is also wrong to look at the PER based on the current NOSH. But most short term retailers look at what is presented in the QR but based on the current NOSH. I am waiting to buy more if there is a sales after the release of the QR soon.

Please get ready to buy if there is any unexpected sales from those short term retailers.

If DNeX is a "goreng" counter, the last 2 days should present a good opportunity for " sharks" to push up and sell. Unfortunately for those short term retailers, DNeX is no longer the DNeX that we used to classify it under " penny stock".

Low trading vol this morning, indicating waiting for QR announcement. Price's direction depends on QR's expectation of most short term retailers because institutions waits for longer term.

Don't worry about the short term. If the next QR may not be as good as some expected, the following QR should start to get much better. The institutions are waiting to buy more at lower price.