Bad news has been announced and yet not many are willing to sell at this price. That is the only good news.

It could be due to the PP that they have to maintain the price.

I am just hoping that when no one is interested in the company, someone who may have already put in place a plan to take over with the blessing of the current unity government.

Till DNeX finds a"Geely", no one will pay any attention.

The ego of the captain maybe the cause of the dispute for an agreed 5 board members in Siltera ( 2 from DNeX and 3 from CGP). Obviously who was the one who caused the dispute. Never learnt from the lesson in Proton.

MddleAge, the control of the subsidiary is the main reason for not feasible to go ahead. Even though Geely owes only 49% of Proton but the control is under Geely. The current captain still cannot reflect what went wrong during his time in Proton. DNeX will be the old proton till we find "Geely" in DNeX.

Maybe it is the EPF, the people's money who is defending the share price @RM0.34. What a pathetic situation? If there is any dinity left for the top management, resign is the only option.

Now someone needs to defend the share price @RM0.34. What a pity? How can any GLC progress if the mentality of those in positions do not make an effort? It seems to get into the positions is the end of their efforts, not the beginning to make it successful.

Why did the top 10 shareholders put in their money? I don't understand their intention. CGP did not buy DNeX shares that I can understand now. Hon Hai bought 120 millions DNeX shares wanted to secure the supply from Siltera with their man in Siltera. EPF ? and still others?

We should send representatives to the AGM to voice the disapproval performance of the BOD. We should write to the top 10 biggest shareholders to remove the captain.

CGP is a good example.

Don't expect the JV between Hon Hai and DNeX to go ahead unless Hon Hai is controling the subsidiary.

Silent 88888 that is only applied to Siltera. Not DNeX. Hon Hai holds 120 millions shares @RM0.9, Hon Hai is having paper loss of RM67 million. Hon Hai will not put in any more money after experiencing the current captain performance.

The share price is cheap but if the management team does not posses the right management skill, I could not find a reason to buy. EPF is people's money. Any right minded captain will at least come out and explain the situation. Otherwise, pack your bag and do the right thing.

Maybe there is a reason why no real bosses want to put their money in because of the interferences from ?

I did not expect the company is in so deep shit that the group MD has not come out to clarify the shit that the company is in. If it is in any of the foreign companies, he should have the dinity to resign. Maybe it is not normal for a captain in a listed company in Malaysia, to do the right thing. Maybe it is normal to stay on especially when there are no real bosses in the company to hold him responsible. We need to have a real boss to call the shot in the company before the company can be steer in the right direction. In conclusion, DNeX will be going through hell before it can be turned around. The current captain does not have the wisdom & foresight to steer the ship on the right path.

QTR should be within expectation that reflect the narrow range of share price for the past 2 weeks.

NatsukoMishima, surely you hope for the 1 Billion contract. It takes more than RM1 billion contract to climb to RM4-6. Dream is good.

JamalHussien, 👍. CGP to buy DNeX is the better way to fullfil the conditions set to take over Siltera. Please assist to write to CGP

Is it coordinated changing hands @RM0.355?

IDSS - not more bullets?

We all know the problems, the dispute with CGP, the cooperation of CGP with Hon Hai in Siltera?, the transfer of 359 million shares from Arcadia to Annedjma Capital, the motive of taking Ping to private and many more....just because there is no one real boss making decisions for the good of the company.

Should be out very soon. Expected to be released yesterday.

Could Hon Hai object to it? They are holding 3.8% shares in DNeX.

Can CGP take up the 323 million placement shares? indirectly CGP will own 6% of Siltera. If CGP buy another 5% 0f DNeX's shares, CGP will own directly 40% and 11% through DNeX. Is it possible to settle the dispute. Let CGP take control of Siltera and make necessary arrangement to improve the operation. On the other hand, it can satisfy the condition by Khazanah or MIDA.

The qty report should be neither bad nor good. so so

Not much price movement today awaiting QTY report.

SinGor, sure. The sharks are always greedy. They are not interested in little gain. The sharks are only beware of the Whales. If the whales are not in cohesion, the sharks would screw them and wack them.

If the qr report is bad, the shark should have pushed much higher. Otherwise, the energy used to push can not justify the return.

I hope it is the whale, not the shark. Then the whale will continue to accumulate.

The main difference between Minetec and DNeX is that there is a real "boss" who steer the ship. DNeX needs to have a real "boss".

Hopefully, the whale has started to take control, though the shark can be destructive.

DNeX's fair value @RM0.58. Any price less than that is considered a good buy for longer term.

There is nothing wrong to wait till @RM0.5 By then the risk has increased.

There is risk in our counter. Entering @RM0.375 can be considered minimum risk. The risk is worth taking !

Still cheap @RM0.38

NAPS is RM0.58.

nicholas99, are you saying DNeX share is worth RM0.26 / share? (RM820 million over 3156 million share)

No matter what the current EC is trying do is only for his own benefit and his master. We can only hope for the formation of a majority shareholders "group". How can it happen? I am sure the individual bosses who holds at least more than 1% of shares will do something in cooperation with the institutions such as EPF and so on.

Who nominated the current Executive Chairman? Is he acceptable by the top 10 shareholders? That is the question we have to ask. Till the top 10 shareholders agree on the captain, the current Executive Chairman can't be effective because he can only be a puppet.

Very different from Widad. DNeX has no captain to steer the ship. The financial condition is also very different from Widad.

The share price is too low to consider a trap. A trap is when the share price has been artificially jack-up (over value).
The risk is there but at the minimal. Considering Hon Hai bought at RM0.9, you are lucky to buy at RM0.365.

We are hoping EPF and Annedjma can cooperate with Arcadia to agree on something so that DNeX has a diection.

The next 5 individuals, namely Datuk Beh Kim Ling, Kaur Rajinder, Singh Satvinder. I can't see the potential of taking over such a big ship.

Arcadia under the previous Group MD is the major shareholder at 11.37%. But he has other plan. He wants Ping. The next biggest shareholder is EPF, Hon Hai, and Annedjma. These 3 shareholders do not have intention to take control of DNeX.

The biggest problem DNeX has is not the business. There is no real boss who care for the wellbeing of DNeX. The management team does not command majority of shareholdings. Unless someone or a team of shareholders who take control of the DNeX group, the ship is sailing aimlessly. The executive chairman is just a proxy for someone. Till the "someone" is ready or capable of taking control of the ship, we can't expect much from DNeX.

Taking over Affin Bank ? You must be joking ! Look at who are the major shareholders of Affin Bank. Ha..

No one knows when the changing of hands is going to complete. When the upward trend starts with the trading volumn, that is the time to consider buying.

Changing captain of the ship takes time for shares to change hands.

The executive Chairman is only the proxy of certain group who is/are in control of "DNeX" ship. Till the picture is clear, the ship is just cruising at minimum speed with the hope of not sailing into a storm.