Maxsuper and other like-minded clones who kept on harping non-stop negative comments on TopGlove. Get a life. Be positive for others rather than spurn negativity. It will burn you mentally and emotionally.

Your shallow research etc makes long term investors laugh.

How many companies can make almost a billion profit per month ( last quarter results )? Even if their profit drops 50% it’s still a commendable figure.

Worst case drop by 75% - still about RM200mil per month or RM2.4bil. This is the kind of blue chip stocks that true investors will invest in.

There are many low profit making stocks or even worse loss making stocks with crazy price points like Dataprep for example yet their share price is beyond belief.

The point is MaxSuper n gang - don’t waste your time and karma on spreading negative vibes. It will eat you alive if you continue to do that to others - creating fear rather than being professional n critic with substance and facts NOT shallow research

Overall a commendable show of support for DNex. Today up 8.5 sen. If tmrw same show of support then 80sen is doable.

If tonight Dow Jones, Nasdaq and Oil prices goes north than DNex will get the additional boost to power past 80sen.

I believe the momentum has just started and RM1 is within sight.

Again, this is NOT a call to buy but a sharing of views amongst fellow investors. Good Luck n Best Wishes

Hibiscus share price with only oil business is 69 sen. So you can make your own deduction on the attractiveness of DNex which has JV 50:50 in one of the oilfields with Hibiscus AND DNex has other gems too particularly Silterra. On the basis that the whole shall be bigger than the sum of its parts I reckon conservatively DNex should have a fair value of above RM1 minimum.

Again, this is NOT a call to buy but sharing with fellow DNex investors. Best wishes

Accordingly Ping has a 50% stake in the Anasuria Operating Company (AOC), a joint venture with fellow Malaysian firm Hibiscus Petroleum.

( Of course Hibiscus Petroleum may have other oilfields)

Ping recorded revenue of $47.7m and profit after tax of $2.5m during the 12 months to June 30 2020.

AOC operates the Anasuria cluster of fields in the central North Sea, 110 miles east of Aberdeen.

The cluster comprises the Teal, Teal South, Guillemot and Cook fields, which produce to the Anasuria floating production offloading and storage vessel.

Ping and Hibiscus joined forces to buy their stakes in those assets from Shell and ExxonMobil in 2016 for close to £70m.

Ping’s interests outside the Anasuria cluster include the Avalon development, also in the central North Sea.

Avalon is expected to be developed as a tieback to an existing platform.

Ping operates and owns 50% of Avalon, with Summit Exploration and Production its sole partner.

There is opportunity to further improve Ping’s production output by rejuvenating existing wells to monetise economically attractive reserves in the Anasuria Cluster.

“It is estimated that the Anasuria cluster has proved and probable reserve of approximately 26.6 million barrels of oil equivalent.”

There is also the submarine cable venture, IT solutions, existing government contracts and I’m fairly confident DNex will be involved in some significant ways in MyDigitalisation plans too. So in a nutshell you hv a unpolished gem and when the time comes and all the parts are moving you will enjoy the fruits of your investment. This is NOT a call to buy but sharing my humble personal take on the potential of DNex. Best wishes

Add on Silaterra you hv a gem in the making. Patience. All things will come to those who are patient. Keep faith in the management and huge potential of DNex. But as I hv always said ... trade within you risk appetite and financial capabilities. Good luck to all DNex investors

When DNex went into the acquiring the additional 60% the oil price was USD56 and it now nearing USD70. Timely acquisition and foresight

Ping has demonstrated its ability to extract greater value and has successfully kept operating costs below US$20 per barrel to ensure the company remains profitable with a positive operating cash flow despite the soft and volatile market conditions.

(DNeX) is acquiring an additional 60% of the issued share capital in Ping Petroleum Ltd for US$78 million (RM314.3 million), as the group looks to further strengthen its presence in the upstream oil and gas (O&G) segment.

In a statement, DNeX said it entered into a conditional share sale and purchase agreement with the other shareholders of Ping to acquire the stake, which upon completion will increase its holdings in the latter to 90%.

Most stocks are affected. It is not DNex alone. Across the board thingy. Good time to pick good stocks now. Again trade within your limits and risk tolerance. Best wishes

I said many times before whilst the potential of DNex is undoubted however trade within your financial resources and risk appetite.

Hopefully HongKees’ reaction is just a knee jerk and market should stabilise and bounce back. This is how rich people with surplus cash makes money - buy when market opportunities present itself

For those who believe in DNex I would advise’hold on’ n keep faith

Core reason why there is a sell off. Herd instinct. And the announcement by HK Stock Exchange

https://www.bloomberg.com/news/articles/2021-02-24/hkex-plunges-most-since-2015-after-deleted-stamp-duty-report?srnd=premium-asia

Buyers picking up at 74 sen knowing contra players will hv to sell

While I respect the view of some on DNex being a ‘goreng counter’, in my view it’s certainly is not. It has robust involvement in O & G, IT solutions, submarine cables, govt contracts and the best of them all Silterra

So it is not a pump n dump stock. It’s a potential gem in the making. Invest now while the management starts polishing the gem into diamonds

Good luck to DNex investors. Have faith in your investment

Serious investors slowly picking up from 74 - 75 sen waiting by the sideline patiently fishing at low price. As it said before the probability of it going into the 80sen territory is much more than it slipping down to below 70sen

If you hv surplus cash invest 30% of it into DNex. You will reap good returns, certainly many times more if you place your surplus cash into FD

That’s why you see price fluctuations to scare contra players to sell and they pick up along the way.

On the contrary fund managers are looking at it. They are not selling as this penny stock was not in their radar until recently. I understand ‘people’ are collecting slowly but surely so as not spike the price up too fast

To give you all a perspective of DNex attractiveness DNex now owns 90% of Ping Petroluem and they also have 50% stake in the Ansuria oil fields. The other 50% own bu Hibiscus Petroleum. Hibiscus only will O & G is priced at 0.72. Whereas DNex has similar O & G exposures AND with Tech, Chips, submarines cables, govt contract is at only 0.75

You draw your own conclusions. When China CGP comes into active play soon then the price will skyrocket

The volume is relatively low as those who bought it doesn’t want to sell cheap. At the same time groups are buying on dips and creating fear with hope some less confident and punters will sell DNex for small gains.

Hold on DNex is worth easily RM1

If you want in invest in DNex at least for 6 months. Buy, keep and don’t bother about to the noises nor the daily fluctuation. This is a good time to buy.

If you want to speculate and punt then do it within your financial means ie you can take up the shares should it drop too much.

At the end of the day you are the investor. It’s your money. Only you can decide based on your risk appetite and financial position.

Lots of people buying DNex and keeping it for long term gains. Potential no doubt is there but you must hv confidence and patience. And above all trade within your limits.

Good luck n best wishes

Once the official S n P on Silterra thingy is done don’t be surprised on the magnitude of support from China and a hint of Dnex’s bite into the MyDigital blueprint. DNex will be the darling stock. Buy, hv confidence n keep. You will be well rewarded. Good luck

Trade within your risk appetite and financial capabilities. No doubt DNex has tremendous potential but do not put all your eggs in one basket. At the same time, there may not be another opportunity like DNex. Be confident n patient when you invest. Don’t listen to negative comments nor get carried away by super positive comments too. DNex will surely move up and when the official signing of sales of Silterra is hyped up then the share will move to a new notch. Best wishes

Don’t sell cheap.. lots of people are buying it via manipulating the prices downwards and picking up on dips. This DNex has got tremendous potential. Buy n keep

DNex at .69 sen was on offer. You may not get this offer again. Considering DNex which has O & G play, government IT contracts, Wafer Fabrication ( only of its kind in Malaysia ie Silterra, submarine cable, technology play and possible more involvement in Malaysia’s Digitization Master Plan. The share price will shoot up.

Compare this with Dataprp closing of .73 sen. Dataprp has nothing solid in hand except ‘plans’. No I m not saying bad investment in Dataprp but I’m being objective.

If I hv Dataprp, I would cash in the profit and switch to DNex and hv surplus cash. It makes sense to switch. By end of Monday DNex price will overtake Dataprp

Anyway, best wishes to all investors be it DNex, Dataprp n glove supporters.

Most people are kind hearted and happy to share their views with the hope that fellow investors get good all round views on their investments. Personal I’m happy when I hear people making money even if I missed the boat. When we are sincere and happy for others we will be happy too.

Of course there are negative people who just want to make their negative comments and create fear. These people are like hoping others make losses. This is a free world. Let them make their negative positions but don’t let their negativity gets into you. A calm peaceful mind will help you make wise decisions.

You may not make money from every share you buy but at least you made calculated risk not via emotions of others but based on your own take on the fundamentals and technical aspects of your investment

In a nutshell, so many positives about DNex especially their latest moves ie Ping Petroleum, JV with Indonesia on underwater cable thingy, then the biggest move of all Silterra. All these plus already existing business model will surely drive DNEX price upwards. DNex hv all the exciting investments in their biznes portfolio. With support by the China Jv partner and good government relationship I’m confident the value of DNEX will grow exponentially. Their market capitalisation has already surpassed RM1billion. It will grow fast, believe me.

Chinese & Singaporean investors are looking at DNex as the price point ( last closing 69 sen ) is an attractive buy considering the immense potential of DNex. It’s only less than 25 Singapore cents

My personal view (not a recommendation to buy. You as your own investor have to do more analysis and you decide ) - Short term may see upward volatility in price movement inching towards RM1.00. Once it breaks tro the RM1 mark, it will accelerate towards RM2. Long term with a year or 2 steady growth market capitalisation beyond RM20Bil

Best wishes to you investments be it DNex or whatever. Trade with caution and within your risk appetite and financial capabilities

Kossan is a disappointment. Despite record profits and good dividend the share price moves slowest amongst the 3 other big gloves counters including smaller ones like Careplus and Rubberex

Some more with top China company n Khazanah backing

Singaporean buying a lot in DNex . Even at 60sen it’s only 20 cents to them. For 20 cents dirt cheap for a counter with IT, oil n chips. Think about it