fyi, DNeX is a RM350 million company as compared to Censof RM50 million. But Censof holds 314 million shares in DNeX. The best solution is to merge the two companies, otherwise someone has to buy 314 million shares from Censof at a cheaper price. If that is the case, then share price of DNeX will continue to drop. Please comment.

Whether you like it or not, Censof owes 314 million DNeX's shares. If DNeX does not acquire Censof, DNeX is forever carryring Censof as a burden baggage. with every 1.6 cent increase in DNeX share price, the value of Censof's share will increase by 1 cent. That is why wnenever DNeX moves, Censof will have to move. This is my personal opinion.

Censof is still the 2nd biggest shareholder of DNeX holding 314 million shares. Either they push Censof share's price up or push DNeX share price down and apparently they choose to push DNeX down to create the balance in their share's value. That is why censof share's price still at RM0.31. This is my personal opinion. I could be wrong.

I am out already. for both DNeX & Censof.

Never try to catch a falling knife.

I hope the support @RM0.545 & @RM0.26 are strong. IF the support level is broken this afternoon, then all hope is diminishing on 2nd quarter.

What is the support level for DNeX & DNeX-Wd? My fear becomes very real now on 2nd quarter.

It is not looking good when share price continues to drop with small transaction vol. I fear for the worst on 2nd quarter financial report.

Is RM0.55 read enough for you to collect?

I am new here. Why do you expect force sell of 20 million shares?

very_goat, I agree with your PER projection of 15x. This could be the reason why the price keeps dropping. Any recommendation with better PER?

Censof will not move alone without DNeX. It is very clear to me that Censof has to become IT arm of DNeX. To do that the mother "Censof" has to merge with the son "DNeX" to become one entity. I am hopeful of that.

It is the same as taking it to be private ( out of Bursa). One way to do that is to exchange Censof's shares with DNeX's shares. It will benefit both companies since Censof has already owe 314 million DNeX's shares. This is just my hunch.

Something is not right. Either the acquisition or the 2nd quarter result or both affecting the downturn sentiment. We the loyal investors may need to wait for some time unless otherwise.

The selling pressure is building up. Why?

I still suspect that DNeX will reverse take over Censof as Censof already owe 314 million DNeX's shares. It only takes DNeX to issue less than 10% of shares to acquire 100% of Censof because of 300+ shares already owe. It will benefit both companies.

newrookie, the expectation of Censof to follow "DNeX" is still strong. As DNeX is being pushing down further, it affect the price of Censof. I hope it is only temporary.

It seems like Censof is flying today without DNeX. What happen?

"DNeX" is not moving yet. so?

No such high transaction vol for a long time.

Is it real pushing?

I look at it differently. Since Censof already holds 17.94% ( 314 million) of DNeX shares and if DNeX can make reverse take over 100% Censof at minimum additional DNeX's shares + 304 shares already own. It may work out beneficial to DNeX. I have the hunch because DNeX is appointed the distributor of "financio" accounting package for Malaysia & Indonesia. DNeX can cut cost by combining the facilities to implement IT projects. It is just my personal opinion.

It may be due to the acquisition of company as indicated by MD. I have a hunch that the acquisition has something to do with "Censof". It may turn up to be merging. So far no news yet? Good or Bad?

More like "Chicken" show.

I am quite disappointed when the support @RM0.585 & @RM0.285 were broken through. Even though is seemed to be stable now, the next support level may be much lower. I hope I am wrong.

For many, Q2 could be disappointing especially when the expectation is so high. If Q2 is less than Q1, would it consider disappointing?

Not even "monkey" show. Bored. No direction. If you choose not to sell, then wait lo!

This forum is quiet and the transaction vol is low because the contra & short term players have all left. It could be time to surge when you are least expected. Happy trading.

No sign of "happening".

The selling momentum is not strong enough to push the share price down and so the "shark" is not under pressure to push it up. The stronger the down pressure, the stronger the up reaction.

Crucial support level @RM0.585 & @RM0.295 for the coming storm.

It is dangerously & uncomfortably quiet. Whichever sides ( sellers & buyers) give in will determine the direction of the price. The storm will definitely come sooner than you will expect. Happy trading.

No sign of any show. Not even "monkey" show.

I am looking forward for show at 4pm whether "monkey" or otherwise. Be happy regardless of what happen.

Harris, don't bet. Just do it !!! Ha....

I like the show whether "monkey" or real. At least it keeps me entertained. Happy trading.

Sometimes Monkey show is better than no show. It provides you with hope.

Depeche, we all need to be positive because fundamentally DNeX is sound. If real show starts, you don't need popcorn. Happy waiting for the day to come.

Actual show will only start when rumor of acquisition starts. Until MD is ready to give more hint on acquisition, we have to be happy with monkey show. Happy trading.

Appointed DNeX distributor of "Financio" for Malaysia & Indonesia is the first step. Furthermore, Censof owes over 17+% of DNeX's shares. IF one for one, DNEX only need to increase 10% about 180+ million shares to acquire 100% Censof. Reasonable?

Could DNeX merge with Censof? It could benefit both company especially Censof is the 2nd largest shareholder of DNeX.

Back to sleep mode. So sad.

The spike starts early this morning. Hopefully it translates into bull run.

Disappointing because it reverses back to sleep mode. Not so much on price drop.

To expect another spike @3:30pm ?

Something is not right. Reach has been dropping from 0.7 to the lowest RM0.40 for the past 6 months. Same to Reach-Wa. I have been monitoring this counter for few months already. Can someone advise me ?

Wayang or not? At least this is more exciting than quiet day. Happy trading.

@9:30am, the push starts again.

clsoing price of RM0.345 is beyond my expectation. Hopefully can continue the uptrend tomorrow. Happy trading.

Sleeping giant wakes up.