Read the below article.

War Is Hell—but Not for The Stock Market
Investors should expect a sharp rally if and when U.S.-led hostilities begin—if history is a reliable guide.
http://www.barrons.com/articles/war-is-hellbut-not-for-the-stock-market-1492702379

Rumor from an unknown source? Im not too naive to believe everyone. Haha

Alfred Low : 0nly 14 posts
It seems that he used to have DNEX shares.
Source: His friend
Reliability: 0.1


https://klse.i3investor.com/servlets/cube/post/1249887745124253.jsp

10 Ways to Spot a Fake News Story
http://history.howstuffworks.com/history-vs-myth/10-ways-to-spot-fake-news-story.htm

I think he just wanted to buy DNEX shares at a very low price. His reliability is very low. If it does not happen, he will blame his friend. What a joke!

Be Fearful When Others Are Greedy and Greedy When Others Are Fearful

― Warren Buffett

The below article is very good to read..

Wall Street Is Beginning to Take Note of Escalating Tensions With North Korea
http://www.nbcnews.com/business/markets/why-stock-market-taking-trump-kim-war-words-its-stride-n791551

Back in October 2008, at the absolute height of the financial crisis, Berkshire Hathaway CEO Warren Buffett wrote an op-ed in the New York Times telling the country to do just that — stay calm.

Buffett wrote that he had been buying American stocks during the recent panic, and he urged people worried about markets to take a long view, writing :

http://www.businessinsider.com/markets-chart-of-the-day-april-23-2015-4/?IR=T

When price reaches these extreme levels, a reversal is possible.
The Relative Strength Index (RSI) can be used to confirm a reversal.

Back in October 2008, at the absolute height of the financial crisis, Berkshire Hathaway CEO Warren Buffett wrote an op-ed in the New York Times telling the country to do just that — stay calm.

Buffett wrote that he had been buying American stocks during the recent panic, and he urged people worried about markets to take a long view, writing :

http://www.businessinsider.com/markets-chart-of-the-day-april-23-2015-4/?IR=T

http://www.theedgemarkets.com/article/oil-prices-amidst-higher-global-demand-nigeria-instability

I think the stock price will move up to around 0.55 before release of the next QR

Dagang NeXchange in merger talks to boost profit
http://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=9839

Target price : 0.60

http://www.sinchew.com.my/node/1671390/%E8%BF%AA%E8%80%90nsw%E5%90%88%E7%BA%A6%E6%98%8E%E5%B9%B49%E6%9C%88%E5%88%B0%E6%9C%9F

North Korea: China urges Trump not to worsen situation
http://www.bbc.com/news/world-asia-40909468

It's not true. This stock consolidated from over 0.2 to 60 cent. The current price is a multi-year-low.

traderman wrote:

guys, this stock from 10 cent pump to 60 cent, then dump back to current price ... this is a clear pump and dump exercise

The below article is very good to read..

Wall Street Is Beginning to Take Note of Escalating Tensions With North Korea
http://www.nbcnews.com/business/markets/why-stock-market-taking-trump-kim-war-words-its-stride-n791551

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”

― Warren Buffett

IEA: Rising oil demand to ease global glut this year | http://www.klsescreener.com/v2/news/view/267499

The sinchew article contained wrong info + Nasdaq was up 0.64%

-> The stock price is likely to move up to 0.5 on Monday.

When people are in a panic, they cannot make rational decision. They either buy shares at a very high price or sell at very low price.

Many stocks are a good buy when many people are in a panic.

Nasdaq was up 0.64%.

On Monday Malaysian tech stocks are likely to rebound.

The stock price dropped 25% during the last one month before release of the next QR. That means even if the next QR is bad, the stock price will not drop much.
If the next QR is good, the stock price will surely surge. Not much risk to buy the stock around this price.

If some good stock consolidated 25% during the last one month, I would not buy the stock as room for further consolidation is limited.

If some good stock plunged 25% during the last one month, I would buy the stock as room for further dropping is limited.

On Monday tech stocks are likely to rebound.

Nasdaq was up 0.64%.

Those who write negative comments have a reason. Most of them want to buy shares at a lower price.

Many good stocks are on bargain sales now. Some stocks are still expensive, though.

I think DNEX will rebound on Monday.

North Korea is unlikely to have a huge impact on the stock market. The Dow plunged not only due to the North Korean problem, but also due to price correction from a recent consolidation.


I don't think a war will break out, but if a war breaks out, the price of oil will surge.
https://www.equities.com/news/geopolitical-risk-and-its-effect-on-the-price-of-crude-oil

0.5 ON MONDAY?

No worries. DNEX will rebound on Monday!

VenFx,, your posts did not affect the stock price today. haha. Your negative comments will not affect the stock price anymore. Considering the market condition, Anzo performed well today. I think 0.095 is a bottom. The stock price will rebound on Monday.

Below 2.9 on Monday?

North Korea is unlikely to have a huge impact on the stock market. The Dow plunged not only due to the North Korea problem, but also due to price correction from a recent consolidation.

China warns North Korea: You’re on your own if you go after the United States
https://www.washingtonpost.com/world/china-warns-north-korea-youre-on-your-own-if-you-go-after-the-us/2017/08/11/a01a4396-7e68-11e7-9026-4a0a64977c92_story.html?utm_term=.b32b8755a3a9

OPEC Boosts Oil-Demand Outlook While Its Production Rises
https://www.bloomberg.com/news/articles/2017-08-10/opec-boosts-demand-outlook-for-its-oil-as-fuel-use-strengthens

If a war breaks out, the price of oil will surge. No worries.

I bought the stock now.

https://www.equities.com/news/geopolitical-risk-and-its-effect-on-the-price-of-crude-oil

xox 0.105

Post removed.Why?

Tomorrow below 3.0?

Today's decliners were below. Overall, semiconductor and tech stocks with a high P/E were weak when risk-off sentiment prevailed.. Sell overbought stocks like JHM first.

MPI 13.66 12.94 - 13.68 13.20 -0.60 4.35% 133,400
KESM 14.32 13.80 - 14.34 13.98 -0.38 2.65% 425,800
HENGYUAN 8.14 7.60 - 8.15 7.77 -0.31 3.84% 3,395,000
KLUANG 3.20 2.99 - 3.20 2.99 -0.27 8.28% 10,000
INARI-WA 2.31 2.31 - 2.31 2.31 -0.19 7.60% 1,000
AJI 26.26 26.12 - 26.28 26.16 -0.18 0.68% 12,700
RALCO 0.52 0.52 - 0.525 0.52 -0.18 25.71% 9,000
HSI-H2M 0.15 0.15 - 0.15 0.15 -0.17 53.12% 20,000
HSI-C1E 1.19 1.04 - 1.19 1.12 -0.15 11.81% 113,000
LAFMSIA 5.60 5.50 - 5.60 5.51 -0.15 2.65% 300,600
IQGROUP 4.71 4.54 - 4.74 4.58 -0.13 2.76% 49,000
HSI-C1H 1.23 1.03 - 1.23 1.09 -0.12 9.92% 651,400
MUHIBAH 2.81 2.68 - 2.81 2.68 -0.12 4.29% 34,300
PETRONM 9.00 8.72 - 9.08 8.87 -0.12 1.33% 460,500
HARTA 6.93 6.75 - 6.93 6.82 -0.11 1.59% 1,844,100
JHM 3.35 3.19 - 3.35 3.23 -0.11 3.29% 995,100
VITROX 4.36 4.20 - 4.36 4.23 -0.11 2.53% 449,400

Sell overbought stocks like JHM first. The market cannot stand a high P/E when risk-off sentiment prevails.

Dow falls more than 100 points as North Korea tensions linger
https://www.cnbc.com/2017/08/10/us-stocks-north-korea-retail-earnings.html

Sell overbought stocks like JHM first.

just check its historical prices and P/B

Even if the next QR is mediocre, the stock price should be over 0.18.

But I think the next QR will be quite good as the construction sector has been booming this year.

https://klse.i3investor.com/blogs/sinchew_company_story/128420.jsp

There is no reason to sell the stock more. Everything has been already priced in.

24 May 2011

Malaysian Construction Sector

Price-to-book (P/BV) The sector trades at P/B of 1.9x, below the historical longterm
average of 2.5x and also lower than the most recent high of 2.3x.

https://research-doc.credit-suisse.com/docView?language=ENG&source=ulg&format=PDF&document_id=886995241&serialid=whQTFLKLbvQLL%2F%2Fv4eNK%2BREZtxAQJbjdp%2B0ibdMZGDg%3D

Anzo trades at P/B of 0.655x, , below the historical longterm average of 2.5x of the constrction sector

Asia stocks steady as Korea risk aversion settles | http://www.klsescreener.com/v2/news/view/266401

The stock should rebound tomorrow.

RM 0.095 ---------- 0.655x P/BV

Don't sell the stock until the release of the next QR. Just wait for two weeks or so.

Still overbought. The stock consolidated 30% during the last one month without any good announcements.

XOX 0.105

Oversold