moving already...some nice big lots coming in

Looking at the price movement the past few days. I believe operations has resumed

Same here.. Getting on the boat as well.. Should fly on Monday

Hold for mid term- construction sector is recovering. Price will go up slow n steady

Good company. The payout div every year. Just that the news on 24th feb has caused the shakedown in price.

From the movement it looks strong..i think the qr is positive

Not a big deal as their Gemas plant is fully operating and it has been priced in since 20th Feb. Looking forward for QR result this week at 12m net profit

Moving up :)

finally it is going up..lol

HEVEA 5095
- Quarter Report Good, “they” target RM0.8

something is brewing

Covid-19 – A silver lining for Hevea. Prior to MCO, Hevea was experiencing declining net profit margin (Figure #1). This was due to an oversupply in the panel board market as local manufacturers faced (i) stiff competition from regional players such as Thailand and Vietnam in addition to (ii) US-China trade war which caused an oversupply of particleboards in China due to its manufacturers diverting its US export to the local China market. However, the incidence of Covid-19 and subsequent rise in work-from-home (WFH) arrangements led to an increased in furniture purchases in key markets (i.e. higher furniture exports by Malaysia than pre-Covid levels; Figure #2). As a result, panel board manufacturers also experienced a secondary effect in the demand recovery for panel boards due to demand from the furniture makers.

We expect Hevea to post strong earnings in 4Q20 particularly in the RTA division due to Japanese New Year, as Hevea’s profitability typically peaks in 4Q. Going forward in 2021, the group also has decent earning visibility, securing RTA orders up to April 2021. In the near term, freight cost volatility and freight availability remain a challenge to the group.

With production disruptions behind them and better RTA sales volumes expected from the WFH trend as well as Japanese new year coming up, we expect Hevea’s profitability to accelerate going forward.

Resistance is @ 0.4. if it breaks 0.4 resistance, next resistance is @ 0.425

I think it will only start going up next week as QR will be released on 4th week of Feb

A decisive breakout from the sideways zone will sour prices advance further towards above RM0.72 and RM0.80

Good QR expected

if it close at 0.29. nice inverted hammer formed - bullish

Gap up

Qtr result should be promising

very good quarter result expected

expected to move up

volume breakout today

I don't expect it to close below 0.265. It should be a technical rebound in the next few days/week

Holding is the key to winning in this share

From the above news we see that Khazanah has no problem with Chinese companies which also applies to DNEX

Khazanah backs Chinese lab firm Adicon in US$88 mln funding round

HONG KONG (Jan 27): Chinese diagnostic lab company Adicon Holdings Ltd has closed an US$88 million funding round, led by Malaysian sovereign wealth fund Khazanah Nasional Berhad, Adicon's single largest shareholder Carlyle Group said on Tuesday.

Other investors in this round include Lake Bleu Capital, Cenova Capital, OrbiMed and Mirae Asset, Carlyle said in an announcement.

Based in Southeast Chinese city of Hangzhou, Adicon and its controlled entities operate operates 24 fully-owned diagnostic laboratories in China, offering diagnostic testing outsourcing services to more than 10,000 active customers in 28 provinces.

Adicon is planning an initial public offering after the fundraising, said people with direct knowledge of the matter. They could not be identified as the information is confidential.

Carlyle, which invested in Adicon in 2018, declined to comment on whether the fundraising was Adicon's pre-IPO round. It also declined to disclose Adicon's valuation after the round.

Today or Friday definitely there will be a good announcement

I agree with powerup89 ..If can hold do hold.. If cannot do sell

DNEX memang boleh tahan..

Retailers will come back.. It is just a push down game

The trend has been up down for the past 1 week but uptrend is obvious based on historical.. Just minor fluctuations on daily basis

The good news is expected to be announced this Friday

100% will close super green today

100% will close super green today

Bullish signal

Hammer candle has formed.. It is going to fly high

profit taking is done in the first hour..

Expected to breach 0.3 today

DNeX upbeat about new growth area in semiconductor

CYBERJAYA: Dagang NeXchange Bhd (DNeX) is upbeat about exploring new growth area in semiconductor with the bidding for SilTerra Malaysia Sdn Bhd (SilTerra).

Group managing director Datuk Seri Syed Zainal Abidin Syed Mohamed Tahir said DNeX would want to be given the opportunity to turn around the semiconductor manufacturer.

"We do have the turnaround expertise as we have managed to turn around Time Engineering Bhd, the old company of DNeX.

"We also partner with Beijing CGP Investment Co Ltd (Beijing CGP) that is willing to provide transfer of technology and ready market access to SilTerra," he told the New Straits Times (NST) and Berita Harian in an interview recently.

He said this would be vital as DNeX has the track record and capability with the partnership to turnaround SilTerra.

"We also want the bidding process to be based on merit including its contribution to the National Agenda – we believe we have the right partner, technology and market access. We have been working closely with the government to present our case.

"At the end of the day, it is up to Khazanah Nasional Bhd (the owner of SilTerra) to decide. We believe the board of Khazanah will make the right decision.

"We hope Khazanah considers us as a Bumiputera company with the capability and the right partner that can offer technology and market access as well as injection of funding. God willing, in the next two to three years, we plan to create more job opportunities and technology coming out with Malaysia," he said.

Syed Zainal said DNeX had secured Beijing CGP's support and commitment to help SilTerra have access to the right technology as well as the global market.

"If we get the opportunity to acquire SilTerra, Beijing CGP will be able to open new market for SilTerra and new opportunities for the company to export to other parts of Beijing CGP's network.

"We need to have the right partner to open the network in the semiconductor industry. Beijing CGP already has a consortium of companies not only in China but globally as well," he said, adding that SilTerra would have access to this partnership with DNeX.

Syed Zainal said DNeX would also bring its partners and expertise to strengthen SilTerra's board and management with industry and international experience to streamline the organisation to be more business focused, productive and efficient comparable to industry tier 1 players.

The DNeX-Beijing CGP consortium is also bringing in investee companies to Malaysia to support the development of Malaysia-owned semiconductor eco-system through an innovation fund to be set up by DNeX that will help locals design and manufacture local products for the international market including China.

NST previously reported that Khazanah had received four bids for SilTerra including from Taiwan's Foxconn and Germany's X-FAB Silicon Foundries before the earlier deadline for submission on July 31.

The other two were DNeX and Green Packet Bhd.

The proposal from DNeX and its strategic partner Beijing CGP was focused on planning and executing SilTerra's turnaround with a total investment of RM846 million, according to a source.

On top of a RM136 million cash payment for Khazanah, DNeX and its partner would absorb SilTerra's RM210 million bank borrowings, and inject a total of RM500 million for its capital and operating expenditures

Expected to fly tomorrow

Should head towards 0.45 today

easily will go up to 0.53 due to private placement

There will be good news for this counter in the next few days

it will hit above 0.80 in no time

Top up more

Upside is evident

Next resistance @ 0.72. If it breaks the resistance should be easily heading to 0.8

Mega project announcement will have a positive impact on them

Should hit 0.66 at least before ex date

Strong orderbook as well