BNM rumoured to announce a 50bps cut this week. Sure more investors flocking to such counters as Hexza where dividend is > 5% hopefully with their indication of strong earnings.

Ong Ong Hexza, huatchai!!..pls reward investors with good dividends and a safe investment.

wah all the Hex counters flying ..hahahah.....

HEXZA also limit up, the largest ethanol mfg in msia...

https://www.klsescreener.com/v2/news/view/672345

Seems to be a solid company with >5% dividend yield. Probably flying high due to higher profits this year and cash value.

Recover loss, look at Pinehill pac. Js sold off their plantation asset to utd plantations, will be a cash Co.. Potential 2x upside

Pinehill Pacific js completed the sale of their plantation, undervalued at the current price. 2x potential upside...

Are you calculating base on nett cash balance? Go figure.. $201m over 149m shares... You think the share price will reflect that? Doubt it'll move much unless a special dividend is declared or the company is taken private

Spa extended awaiting the sitting of the Perak exco. Waiting the next 4 weeks.

Extracted from hibiscus QR
Anasuria
• Financial year-to-date results
The Anasuria segment recorded an EBITDA of RM179.1 million (74.0%
margin over revenue) in the Current Period.
In the Current Period, from this segment of our business, we sold 797,914
bbls of crude oil in three cargoes at an average realised oil price of
USD68.45 per bbl. Total revenue recorded was RM242.2 million.
Both average uptime and average OPEX per bbl of oil equivalent (“boe”)
remained at healthy levels in the Current Period. Average uptime achieved
in the Current Period was 91% while average OPEX per boe was USD15.44.
Segment PBT was RM136.5 million


QR for Dnex expected to be good with PCS catchup as mgmt previously announced.

Opportunity for Dnex with this new govt and with overall higher avg oil pricing

It will start to move soon with the award win and the budget over. Most folks were worried about additional duties on alcohol but in this case none. So wait for it...90 cnts and possibly even 1.20 if the money could be collected. Surely some special dividends in the making.

Am gonna ride it to rm1. 20

Only downside is hardly any sellers

The exercise is expected to raise proceeds of RM414mil.

This is expected to go towards repayment of borrowings (RM236mil), funding the group’s existing oil palm plantation business in Indonesia (RM70mil) and its working capital (RM75mil).

Potential special div of rm0. 22
On top of that the value of the Company estimated to be rm1. 20 debt free with FCF of between 75 to 140m depending on how they invest towards growing the indo ops.
Young crop which should start yielding results nx yr

Shld limit up 2 to 3x

woohoo....go go go Dnex!!

start engine....

Bulan puasa bro...normally a lot of Uncle and Aunty attend for the free food....:) But what is important is that a few ask the BOD for clarification and an outlook into their business ventures, the diversification plans, so far they did well 1 for Energy, and 1 for IT/consultation to strengthen their game plan but if I remember correctly last year they mentioned that they were looking at the broader energy market....hopefully RE or innovative tech.

Let's see what's next. But thankfully everything they are doing is well managed and executed well.

Very good news, especially for the trade and eHalalHub platform. Hoping for good insights from the AGM today, well established in many areas and Dnex is poised to support the new govt in all its productivity incentives and future needs. Best way for transparency is through systems and a solid data system.

Cant wait for this diamond to shine.

首先让它稳定在 45cents

Think ppl collecting

At least closed positive today....hope for more good days ahead.

你会很快喜欢 Dnex....hahaha

龙很快就会升起

$0.70 hopefully soon Ismylife73...:D

Dnex is a company with a 50 year history.
- It has ventured into O&G at an international level
- IT services formed during the era of Time Engineering which was the co which installed the fiber optic backbone for networking, broadband...etc
- Has developed many solutions for various e-Govt and B2B/ B2G platforms on improving productivity, simplification and database management pillars.
- All these solutions are priced on a pay per use basis and they never have received any big billion$ contract for the government. All the development cost is undertaken internally.

The e-Trade platform is akin to a Fintec type of solution in todays environment. Bridging between customs, companies and banks.

Being in the field for so long, they are able to quickly support any agency or even the public with one stop solutions. Renewal of car insurance, payment of DBKL, JPJ or PDRM fines can be provided through simple portals.

Upside for DNEX

MFRS 15 Revenue from Contracts with Customers

The Group recognises revenue of each performance obligation when it transfers control of a product or
service to a customer either at a point of time or over time. When revenue is recognised over time, the
stage of completion for customised equipment is measured by reference to the surveys or appraisals of
work performed to date.
-----------------------+++++--------------------
The reduction in the energy revenue is also caused by a delay in executing
portable container system (“PCS”) due to site readiness. An amount of RM3.75 million of PCS revenue was
recognised in immediate preceding quarter.
--------------------+++++++-------------------

The RM3.75m could not be recognised in this qtr because there was exceptional delay in the PSC contract hence is recognised in the immediate proceeding qtr which is qtr2.
If the amount has been recognised and accounted in the previous financial statements there would be no need to further disclose the amount unless the customer had rejected the progress status and the companies auditors recommend that previous recognition of revenue be reversed.

Strong results, rm71m revenue with 28.7m profit. furthermore note that 3.75m recognition from the portable fuel container project is deferred to Q2. That is a strong indication for the next upcoming results. Also some good announcements coming. 50sen within sight.

Short term TP of 43 cents within target this week. Wait for Qtrly results which will speak for itself.

looking at the charts and positive inflows, Dnex could end the week at 45cnt. Best part is all backed and based on fundamentals of the ongoing business.

Main profit driver with be O&G (Private, non Govt links similar to Hibiscus, only based on Oil Price) and the eTrade One Window platform for import/export declaration which it has operated for many years now and does not require any govt financing as it is earn per use basis which is similar to all ports worldwide. VEP similar to T&G is also earn per use without the need for any govt contract.

Qtrly results will speak for itself.

@Lookie DNEX has the capabilities and modules to roll out similar services to MyEG such as JPJ renewals and selling various insurance products. They however are not well rounded in the e-Permit for foreign workers and maids so to replace that service might take time and approval.

DNEX is strong however in trade services. To improve the balance of payments and lighten the inefficient public sector , DNEX might roll out more modules which can help automate and put more of these services online. It will reduce the govt sector salary load and open greater access to consumers directly.

CIMB has a buy call with TP at MYR0.74 dated 7th May 2018

No Issue with Dnex, It will rebound higher. Its an ex Khazanah company (previously Time Eng) and has a lot of core competencies besides now ventured into Oil and Energy sectors.
It is the sole provider for eTrade services via the National Single window trade platform. No matter if Sales Tax or GST, this system is still the essential backbone. The revenue is paid via transactional based on incoming BL and e Declaration /trade forms generated. The system is transparent and as operates in other countries such as Singapore, THL, Australia....and so on.

Besides this they also operate the ePermit platform alike MyEg and VEP systems linked to JPJ. So in short, their developments and systems are in place long long time already and they not only provide these solutions to Msia but other countries in Asia as well. Revenue is not derived from the govt on fixed basis but is generated from trade activities on a piece meal basis. In short if Msia Berjaya and becomes a key trading hub again, Dnex will also fly.

Under Tun and the new regime, they will resort to IT and AI as much as possible, especially LGE whom has run Penang where he has welcomed foreign investment in these fields. These are the sectors which lead to improved productivity and transparency.

End of the day, a lot more upside for Dnex and its shareholders.

One off provision on the power business which is good. It is well protected by the right guarantees and contracts. In the worst part, the equipment could be sold to other players. Power generation and distribution is required by industrial players in Myanmar, Cambodia and parts of Vietnam. I am sure they would be able to recoup the investment and learn from this miscalculated investment. Recovery of investment will then add to future one off gain. Its just a timing game now.

Up side is that Hexza is now looking at small scale development to spruce up the bottom line.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5597269

You all need to read through this announcement by Hibiscus:

> Anasuria Hibiscus (UK) Limited (“AHUK”), has recently successfully completed two key projects on its Anasuria Cluster of oil and gas fields situated in the United Kingdom Continental Shelf (“UKCS”). These projects are anticipated to improve short - and medium term - performance of the asset

> The majority of industry commentators and analysts now expect the Brent crude oil benchmark to range between US$ 58 to US$ 68 per barrel over the next several months

> During the first year of joint operations on the Anasuria Cluster, we focused on understanding the asset, the environment we work in, and, most significantly, we applied ourselves relentlessly towards improving operational performance. The results of our efforts are shown in Table 2.


> Q3'17 Achieved average daily oil equivalent production rate (boe/day) 2,873, Average OPEX per boe (US$/boe) $15.1 = RM 40MM EBITA

Q3 had the lowest uptime of the asset at 76%, prediction for Q4 would be +10% more uptime with higher output and higher price = higher EBITA between RM55M - RM60M.

So bottom line, it is clear that Q3 results might not be stellar, but Q4 results would certainly be so. However we could still see some RM10m PAT for Q3'17 resulting in a fair price of 48sen based on 12x PE 17.

Hmmm....what function/ panel discussion? Does this mean Panpages will kick back to life soon with big potential? Still till today no sign of New shareholder appearance...

Fairly quiet, seems like a very long and serious collection cycle. Everyone waiting for next announcement...

Not many knows that Hexza owns a 8MW power generating asset. Don't need to worry about conventional business going down. The management is strong and with its strong balance sheet they can easily move into power and utilities. This is a company which essentially only booked in a first loss in a long long time due to the change in bottling duty structure. During this time revenue and sales took a step back while the market digested the effects. Back shipments would make it to the.books in Q2

Long story short- it's a small scratch and not a scare. My honest opinion it's still worth $1.50 or PE 10x.
It will recover in the coming weeks.

http://www.enanyang.my/news/20170512/纳吉数字自贸区延续br

Woo....still collecting. After today 3 more trading days, next week 4 trading days...wonder which day is boom day....:))). Doesn't seem that Panpage is a big topic out there, so if this new owner keep buying, maybe will trigger MGO soon. Until now no news, no announcement on who, not even substantial SH announcement, Lau sold but seems still have some % left.....means another crossing? Maybe its true someone offered a lot of money for the business many times its market value and the deal maker wants to profit himself.

sure boh.....but if really got big deal why they block and keep buying at 34 cent....it looks like new shareholder really want to own big stake and maybe inject his private business. Keep price low and then own 30% + of the company...so far crossed 20M + assume yesterday 80% accumulated for new SH = 32M = 52M or 21.6%., still can buy another 25M shares.

But so far no announcement on who sold, is it Tan sold to Lau? or both selling to new party? This could be interesting for sure, everyone eager to know who will come in and with which big business

Wah..finally woke up...who sold who buy?- can someone pm me the inside news?

The EDGE is back...and WCT on the radar again...Strong TRADING BUY with TP at RM 1.70.

AyamTua - you forgot your Panpage....it is like an egg of the IFCA hen. gonna hatch and become Ayam Terbang soon.....hahhaha...Panpage Go! Go! Go!

try panpage....very the undervalued....

;) round 1 tp 40cnts....my SGD power bought more last 2 weeks....js wait for the results guys....round II and III will come.

Simple math to solve the valuation....Mall worth at a low end - $750MM = RM3.20/share, prime landbank RM2.50, cash RM0.22/share....loan RM1.66/share....

3.2+2.5+.22-1.66 = RM4.26/share, at a low low end, mall 2.50+land 2+ cash - loan = RM3.06/share....this is like fire fire sale price and don't forget this doesn't include treasury shares already purchased.

Wait for Edge coverage this weekend...

I believe they low ball the offer knowing that they have room to adjust up another 10%....foresee $2.80 at least.

KUALA LUMPUR: CapitaMalls Malaysia Trust (CMMT) is buying the Tropicana City Mall with its office tower for a purchase consideration of RM540mil.
The trustee, AmTrustee Bhd, had on behalf of CMMT, signed a conditional sale and purchase agreement with Tropicana City Sdn Bhd to buy the property.
The property comprises of a four-storey shopping mall known as Tropicana City Mall and the four levels of car park comprising of 1,759 car park bays and a 12-storey office building known as Tropicana City office tower.
The retail mall has a net lettable area (NLA) of 448,248 sq ft. It started operations in December 2008 and the approximate age of the property is six years. The committed occupancy rate was 89.2% as at Jan 15, 2015.

**************************************************************************************

The offer should be north of 3.30/share min. Their land bank and gurney mall worth more. At 2.50 it is just taking the value of the mall.
***************************************************
CapitaMalls Asia Limited (CMA)
Acquisition of Queensbay 4 Mall in Penang, Malaysia *22 Dec 2010*
Transaction Summary:
•
Penang’s largest mall
•
Purchase consideration: Approximately RM651.8 million
•
90.7% retail strata area of mall & 100.0% of car park
•
Strengthens CMA’s market leadership position in Penang
•
Initial Property yield of approximately 5.0%

Gonna move ....with USD in this positive very positive for Panpages...if Q1 profit soars vs last yr, you can bet this counter will move back to 40cnt within days...

try panpages...another internet co which will burst up soon...

Magic - Panpage only caters to big IT/Media companies...mainly MNC's like Microsoft, google, apple...etc. Their IT division might be servicing some local companies and could be govt as well. But bulk of their revenue is from the big boys. Certainly USD will support richer profits at the current fx rates. Jewel in the making....might be just like MyEG one day...from 60cnts to the equalavent of RM5.60 today. That's y i like such companies....can move 10x over a period of 1 yr.
Collect more now....so so so cheap!!!.

big shark roll over ....danger...this counter could drop to 10cnt anytime. NTA only 7 cnt anyway