The support is above RM1

The quarterly result is not as good as expected. The only positive item I see is Cash and Cash Equivalents as at end of financial period RM739.311 million.

The concern I have is the 359 million shares transferred from Zainal Abidin Abd Jalil to Annedjma Capital. Could the quarterly result be better than expected ( creative accounting) to sell to the open market?

May be the right to do is NOT TO respond to his nonsense But to ignore him.

Trevor777 kid, grow up from your imagination or illusion. Don't wait till it is too late to regret it.

Trevor777, you are the best, the most intelligent, the most worthy to be praised for your mentality in everything you do. You should be the most "kaya" and " the most wisdom" in Malaysia or could be in the world. You should have no time coming here to bash people unless you have nothing better to do.

NatsukoMishima, it is good to be very positive. It is better to be conservative than very disappointed later. I don't know what to expect as the price has been sideway.

Is quarterly result expected to be out by today?

The choice is yours to make. It is also my choice to be around. So wash your mouth !

With humbleness, Respect can be earned, not given or self praising.

Be humble always !!!

The world becomes a beautiful place with so many different characters and personalities. Without them, life will become boring.

Trevor777 has a point - SOMEBODY needs it to be above 1.00. To prove him wrong, the share price has to be above RM1.1 and beyond.

Good to be back at RM1.

You will always regard it as a "rubbish" stock if you lose money and you are short term investor or gambler.

Some is happy, some is sad. That is life.

All eyes on Serba. Most eyes want to know how low can it go down. Sad story will end to the lowest. Sad for those who has put their hard earn money in it.

Guys, what do we get when we critize? If anyone has anything to contribute, please do so with a sincere motive of sharing information to benefit all. From now on, I will just ignore it if the information is offensive or even directing at me personally. Be a contributor rather than a destroyer. Have a good and rewarding day.

Most impotantly we are comfortable with the risk that we take. It is better to get out the moment we feel the pressure. Life is more important than money even though money is important for comfortable life.

It is important to sustain at above RM1, would it? It is our choice to decide what to do.

Trevor777, you are the Sifu. No one in your horizon is worthy of any question or comment. I am just an ordinary ikan bilis, enjoying every now and then to say something. Regardless of how irrelevant or embarrassing my statement is, I am just an ordinary ikan bilis.

Who are supporting @RM1.03?

Why next Friday?

The share price will be narrow range-bound +- RM1.1 till some clearer path for group MD to take in Silterra and Ping.

It can't be that bad.

The problem with the press release yesterday was that it will need $$$ to fund for the development in the next 2-3 years the earliest before the benefit can be realised.

I did not know the reason to push up to RM1.10 beginning of the week. I am still do not know why it stays around RM1.1. Any Sifu can help to provide some explanations? Thanks

Dividend is not the reason to push up to RM1.10.

If the share price maintains around RM1.1, possibility of in the process of "changing hand" is high unless there is some sort of business development or announcements.

scjm, what do you mean by bottom up approach?

What is the news for pushing up?

I hope it will not just stay around RM1.1 for the next few days.

I hope for a few things to be clearer. The recent transfer of 359 millions shares from the the biggest shareholder. The clearer picture for the future of Silterra and Ping.

Any news for sudden surge?

But the 359 million shares transferred from Arcadia Acres SB to Annedjma Capital SB is the major concern among the investors including the institutions investors. The share price will likely only move upon clarification of the 359 million shares.

Good signs. Less and less people talks about DNeX and the share price is still above RM1.

oskchoon, can you share with us how you know that ? are quietly accumulating? Thanks

Take a break !

CG - Expired

At current CC & CD @RM0.045 & RM0.03, the road block should be @RM1.17+-

Mabel, agreed. I want to know whether Maybank will manipulate DNeX mother's share price like RHB.

Chang206, you are spot on. What do you think of the effect to the mother's share price from the next two Call warrants, CC - exercise price @RM1.00 ratio 4:1, CD - exercise @RM1.18 ratio 5:1, both to be expired on 29/4?

After DNeX-CA, the next two Call warrants, CC - exercise price @RM1.00 ratio 4:1, CD - exercise @RM1.18 ratio 5:1, both due on 29/4. Unless the share price is above RM1.2, would the share price being controlled anything below RM1.2, at the current Call W's price?

Chang206, thanks for your info.

Chang 206, I don't get what you mean by "The settlement price at expiry is calculated based on the 5-day average closing price" for DNeX-CA.

Dato Sri Syed Zainal Abidin is the group MD. Encik Zainal Abidin is executive director who is the majority shareholder of Arcadia Acres S/B.

From theory to production, it will take ages to materialise. From design of machines to sourcing of materials and so on...

We can only hope that the group MD, DATO' SRI SYED ZAINAL ABIDIN BIN SYED MOHAMED TAHIR can convince potential parties to consolidate with the major shareholding of DNeX. Only then, we can talk about fund raising for Silterra and Ping. The biggest problem so far to overcome is to find the long term investor for 359 millions shares parked at Annedjma capital and I believe the 95 million shares directly owed may also be looking for buyers. These two parties were two of the three parties that sold the shares to Foxconn Singapore.

The UK’s Oil and Gas Authority, the industry watchdog, plans to hold an oil and gas licensing round for the North Sea this year, the Financial Times has reported, noting it would be the first licensing round since 2020.

The news comes weeks after reports that the UK government was considering a ban on new drilling permits in the North Sea. Discussions reportedly involved an immediate pause on licensing and a ban on all permits from 2040.

In this context, the decision to launch a new licensing round is bound to spark controversy amid the UK’s push to move away from fossil fuels and into a fully renewable future. It was this push that put an end to new oil and gas licensing rounds two years ago.

Now, however, with the Ukraine war sending oil and gas prices soaring, it is adding some $50 billion to the collective bills of UK households. The cost-of-living crisis resulting from the energy price rally has sent the UK government scrambling for quick fixes to the situation.

In search of more oil, after the government banned Russian imports, Prime Minister Boris Johnson recently visited Saudi Arabia and the United Arab Emirates but, per comments from officials there, was left empty-handed by his hosts, the Wall Street Journal reported last week.

Meanwhile, the renewable energy push at home remains strong. The Oil and Gas Authority will this week change its name to North Sea Transition Authority, while the government drafts so-called “climate compatibility checkpoints” for all future oil and gas licensing rounds.

The Financial Times notes, however, that these checkpoints were hastily revised recently to include stipulations allowing regulators to overlook environmental considerations if there are national security concerns.

“The team [at the NSTA] are getting ready some packages of licences that have discoveries that are pretty much ready to go,” said the head of the Oil and Gas Authority, Andy Samuel, as quoted by the FT.

We are lucky that the share price is still above RM1.