@musangfoxking.. i give u a "like"..

i hope people dont come here and create panic. Yes Oil drop. Yes price likely under some pressure. The share fundamental is there. If you are playing contra, then only you feel worried.

@ramada... likely due to increase in oil price today... price has been subdued for many days due to sudden drop in oil price last week. So would continue to advise to monitor oil price for better indication

This share doesnt give good dividend. Not now not in the future.

Whether it will up or down, check the buying and selling queue for indication..pworth is not exposed to oil. So there shouldnt be any bad news to drive the share down. Timber business will grow. This world beginning to have less and less land for trees. There would be shortage of timber in future and will drive the timber price up. So the business prospect is good. The good thing is that all newly issued shares being subscribed by a wellknown person means a quick fire sale is highly unlikely. RB will look for the future rather than shorterm profit. Regarding whether there is a risk of a takeover by the RHB ceo, highly unlikely as i feel there would be a deal between them for this to happen. The current shareholder wouldnt need to forge out extra money to buy share yet the company managed to raise money for business. 81 yrs concession, that would guarantee income for the next 81 yrs.

There is still room to rally. Today market up only 0.55. But anything can happen. Continue monitor the volume. It will give you better clue

I have said many times. Dont create panic to people. Feel free to share info. But never ask people buy or sell. Or even give a TP which is 10x the current price. This thing will come back haunt you.

Anyway, congrats for your determination..can see how much you have defended dnex for the past few days

@thinkfirst... oil price will continue to affect dnex. We need to accept the fact dnex is exposed to the oil risk. Like i always said, dnex got zero debts. It wont die. I cant see it drop back to 30 sen either. Dnex has very good potential. 1 or 2 more projects or another quarterly report should push them higher towards 50-60 sen.

Welldone.. just need 1 day.. you wont see traderman or professor here.

Wait for the 2nd half. If it drop back to 0.185 then is wong fei hung sau tong... If above 0.19.. then the rally would begin again.

Slowly big holders turning to buy. turning green today very likely.

Big shareholders selling today. Look at the selling side, all big lots. While retailers buying. Will that change? very likely later.

No more TP from anyone? hahahaha. Gd luck to the rest.

All new shares fully subscribed by RHB chairman and Maha. Which represent 30% of PWI. Dont expect they are the 1 dumping the share.

@gohky87.....you sold when yesterday you telling all people short term price 30sen???

wow... party already over..

hmm. has gone quite this counter today..

Can only advise.. short term, price remain weak.. important thing to look for indication... oil price n us rate hike effect to market...

It looks like the culture of causing people to buy and sell is spreading fast to all counters. I have read a few active counters having same issue. Many asked to sell and buy. What is the actual intention... really dont know

@jontfj.. is about market sentiment. Currently the market is weak for O&G sector due to oil price and US interest rate hike. If oil price really drop to usd42. Means earning much lesser. It would affect their quarterly profit. I do agree that dnex would survive regardless what. No debts with rm70m cash on hand. That is what supporting the price

@Huatrex.. i didnt blindly support. Reason why i sold is due to falling oil price. The steep drop in oil price is really unexpected to be frank. OPEC cut should stabilized the price with almost 100% compliance. If that doesnt work, then it would crash the oil price again.

I still believed in Dnex. Their O & G is still got projects for next couple of years. Same goes to their IT sector. But the price will continue to weak as oil price drop towars usd40. No exact recommendation for now. Price could bounce back along with oil price if OPEC decided to extend cut.

Regarding the US interest rate hike, it depends how much their hike. If just by a small 0.25 points, it will not impact much. Anything above 0.75 would certainly crash the market.

Oil continue to drop. It is affecting dnex. Observed on oil price will give u better indication. Another steep drop in oil will see price trading btw 0.365-0.385. Fundamental is still there.

It seems that some already waiting for the upcoming US Fed rate hike.. A lot expecting that to caused market into bear. So do take note too.

@tecpower.. now price is still healthy. If oil price continue to drop, is a different story. Regardless what oil price will affect dnex. I believed Opec would able to sustain the oil price. But US shale will cpntinue into price war with Opec. So there is still risk

@tecpower... it has affected Dnex in some way. The price has dropped back to 0.39. Another steep drop in oil price will continue to drive the price down. We cant ignore the fact dnex is exposed to oil & gas risk. Oil & gas companies all suffered huge impairment loss due to slow down in oil market. Would dnex suffer from impairment too? Nobody knows. Look at eversendai, they too being exposed to oil & gas and suffered from it. So dont be surprised if dnex suffered losses in the coming quarter due to impairment.

Anyway, cant see this share drop back to 0.3 sen after so many good projects in and strong financial report for 2016. A special dividend/bonus share would do all good for dnex and share holders too. With the cash on hand and no debts, the company is in position to do so.

We all went into too deep trying to calculate the effect of oil price to dnex. The fall in oil price certainly has caused sell down in oil & gas companies. Dnex owns oil & gas companies. So it doesnt matter how much oil price really affect dnex revenue. What matter is the big investor sentiment on oil & gas companies. Till oil price stabilized, oil & gas companies would continue to face uncertainty. Do note that government spending also depends on oil revenue. Why dnex still standing strong despite huge fall on oil price, is because they already secured some good IT projects for the next 2 years or so. If Oil price would have exceed usd 60, dnex would have surged past the 50 sen. Forget about the TP RM1.80 or even RM1. Till the next quarter report or even more projects being secured, dnex price should remain around this range. Oil rebound would push the price towards 50 sen. But dont dream about RM1 without securing new projects or another strong quarterly report.. the comparison about myeg is still far off too. Till they manage to secure some big exclusive projects like myeg, then you may actually see their price to be as good as myeg. Also is important that some research companies start to do coverage on dnex. When they do, that means they could get more investors to buy into the share. Till that happen, dont call for RM1 TP

Armada showing strong buying support despite falling oil. Their buying support is way higher than selling. If wasnt because of oil price, they would have shoot up. Expect more selling on monday. But based on the buying support, the price should hold within 0.7-0.715. With this buying support, maybe a new fspo is on the pipeline. But it also could be the rumours of buying the some boat which just denied last night. Trade with cautious

Despite the oil falling. Dnex still staying strong. Just note that despite all selling, they not even down to last friday sell down to 039.. that is encouraging enough to stay in the share. Is not like they going to suspended or no more trading. The share will end next money. They got no debts.. what can happen? As long as the support is there, it will mean a rally still on the card. Oil price continue to drop. So expect the share price to start at 0.385-0.39. Unless a sudden drop to 0.35 from the start.. then only need to be cautious. Continue monitor cautiously.

Not holland yet. Later once IWC reopen and shoot up further. All the shares will follow.

Only properties and not construction shares

Its properties shares that are moving only. 2017 budget should include some incentives to push the slow down in properties. Also drien by IWC merger.

Wow. Surprised that all stocks seemed to stand up well despite oil falling below 50. Good support. As long as oil can recover, malaysia market will rebound

Now where is traderman... because of his 0.38.. and i got no time for 1 hour plus.. it turn around.. sigh

Barred any big drop in US market or oil price. Dnex should be back tomorrow

Wow. Did monitor awhile. Now already 0.405. Got no time to monitor.. have to sell..anyway.. welldone guys.. as can see.. market recover well

Yes.. Good luck to you all. Oil probably will recover tonight. So maybe there is hope for later or tomorrow.

@traderman...nah... bjcorp sold for some profit... I believed their going to report some good profit last quarter due to some divestment.

As of now, sold all my holdings.. hahahaa.

Good luck guys. I still believed the potential in this. Just that it distract me too much.. Need to get some stuff done. Maybe be back next time..

Something tells me the market is recovering a bit. But will Dnex recover? Sorry guys, I'm abandoning the ship.

If they dont eat at 0.4 soon. They will go down to 0.39..

O.O... cant run d....Then we walk....

RUN!!! Last chance to sell!!

All done and dusted.

All done and dusted.

Pls la. IFCA obviously got no fundamental. They overhyped on the gst software. IFCA will have a good business. But not enough for to value at that price. DNEX is different. EPS 11 sen.

LOL... DBE?? Seriously?? Good luck with that share... The management is awful. That open branches in places that got no people.. How to survive? Just trying to create more branch to make their book looks better.

@tympangoh....If I'm anticipating the mother to go up, then son should follow too.

@HuatRex....you not joining in?

@tympangoh..Interesting.. How does it signalling buy? Mind to share?

@HuatRex.. Hahaha...Ofcourse I know. They really eating up now. Buying at 46% compared in the morning. They are increasing.

As always. there would be selling and buying. Ofcourse you would want to up rather than stagnant or down. Looking at the trend today, could be a rally later. I could be wrong. Who knows when the people to collect again.

Absorb? I'm not looking for them to absorb.. I'm looking them to eat up... The best day for it to do it. Especially when another round of clear out in the morning.

Hahaha.. Trump would be happily sending Melanie off himself using AIR FORCE ONE... He would have thank me for that!!