If you have bought Anzo,please write your comments here proactively. It's not good that VenFx continue hijacking this place.

Look at oil price. Wow! very bullish!
https://www.bloomberg.com/energy

Historical prices

https://www.google.com/finance/historical?cid=1066637989879327&startdate=Jan+1%2C+2016&enddate=Jan+31%2C+2016&num=30&ei=D7xTWeGJHMSCuQSH-o2IBQ

Jan 27, 2016
open 0.12 (multi year low)

high 0.20
close 0.18

RM 0.1 ---------- 0.689x P/BV

Anzo trades at P/B of 0.689x,which is below the historical longterm average of 2.5x of the constrction sector...

You can say whatever you want to, but i must say your opinions are always crooked.

You all have bad reputation. Haha

I found most people who did not trade Anzo, but posted comments here regularly have crooked characters.

Some peolple here putting down others and companies are a joke. They have no class. They are hypocrites who don't behave.

I know VenFx and apolloang wasted time here over three months.

apolloang, Anzo just released a very good QR. Anzo is not a typical pump and dump stock anymore. Thier fundamentals are the best during the last ten years.

Immediate hurdle for Anzo at 26 sen, says AllianceDBS Research
http://www.klsescreener.com/v2/news/view/245225

B3 Prospects
Despite challenging economic conditions, the outlook of construction section in Malaysia should
remain strong for year 2017 with on going stream of mega projects to be launched by Government and
private sector. The Group is confident that it will benefit from some of these proposed projects.
At present, the Group has successfully secured construction order book of RM311 million and has
recently received the letter of intent from KL Northgate for the Paragon@KL Northgate 18-acre mixed
development project in Selayang with an estimated contract value of RM1.2 billion. The Group is
currently working with MCC Overseas (M) Sdn Bhd (“MCC”) to jointly undertake the construction of the
Project.
The Group will continue to build the competitiveness of our timber services and construction business
while remaining focused on operational efficiency and productivity so that satisfactory results are
achieved in the current financial year.

https://www.cnbc.com/2017/06/05/blackrock-says-current-strength-in-tech-stocks-may-not-be-sustainable.html

Off topic, but my average purcasing price is below 0.16.

You don't need to put your emotion into trading. Just a fact.
No need to put down others.
Anzo released a very good QR the other day.

In fact traders' chasing only growth stocks is a sign of the end of a bullish market.

If P/Es of growth stocks like Pentamaster get higher, the market will be sluggish. If P/Es of growth stocks like Pemtamaster get lower, the market will be bullish.
It's not good for the market that traders chase only growth stocks.

Red_Apollo, That's for deeemed interest, which is an adjustment entry used for tax purposes.

Good article to share...

Oil refining stocks surge on fear of disruption in supply

http://economictimes.indiatimes.com/articleshow/60318653.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

It said on Friday DNeX does not have any direct competitors, given its unique exposure in the IT and O&G sectors.
“However, we see My EG, Prestariang and Datasonic as proxies for the local IT sector. We deem KNM, Wah Seong and Uzma comparable peers in the oil and gas space.

To recap, DNeX is the single exclusive operator of the National Single Window (NSW) platform, providing trade facilitation services to the Customs Department for over 25 years.

Read more at http://www.thestar.com.my/business/business-news/2016/09/30/dagang-nexchange-trading-at-deep-discount-to-it-oil-providers/#cWJfOkFclYrThImK.99

Oil refining stocks surge on fear of disruption in supply

http://economictimes.indiatimes.com/articleshow/60318653.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Asian refiners ramp up output to fill supply gaps left by Harvey
https://www.reuters.com/article/us-storm-harvey-asia-refineries/asian-refiners-ramp-up-output-to-fill-supply-gaps-left-by-harvey-idUSKCN1BC3Y6

Are you jelous? My return is more than 100% this year irrespective of Anzo.

Gas price has been high due to Harvey.No good for the auto industry.

https://www.cnbc.com/2017/08/29/market-thinks-fed-could-hold-off-rate-hikes-for-another-year-at-least.html

There have always been strong players in the security market such as Dimension Data, HPE, IBM, and Symantec.

Apart from that, the presence of local security service providers such as DNeX, Quann, Sysarmy and more appear to be prominent in the market.
https://www.digitalnewsasia.com/insights/cybersecurity-still-not-top-priority-local-enterprises

Oil sector hopes to weather Harvey storm | http://www.klsescreener.com/v2/news/view/274635

DNeX, Malaysia Islamic chamber of commerce to push for GoHalal | http://www.klsescreener.com/v2/news/view/274657

Dnex is good as well. Oil price has been rebounding.

The stock has just started rebounding.

They are aggresively looking for new projects/ contracts now.

Just wait for a good announcement.

http://www.utusan.com.my/bisnes/ekonomi/dnex-tumpu-segmen-tenaga-1.514537

RM 0.60 is possible near future. (Buy on news)

You should see the whole picture, not only parts.
The managing director is positive about 2H Ahead. Chek the previous QR.

A stock like this is likely to rebound very soon. 0.55 is an easy target.

DNEX - Better 2H Ahead
https://klse.i3investor.com/blogs/taresearch/130642.jsp

After weak holders sold the stock, it's time to rebound. Nothing serious has been happening.
In fact, today the percentage of decrease dropped about one half compared to yesterday.

Yesterday -3.81%
Today -1.98%
Tomorrow + 2 % - 3 %

“The stock is down by almost 23% from its year-to-date high in early-May 2017. We see the recent pullback in share price as offering an attractive buying opportunity given that the stock currently trades at 13 times CY18 fully diluted P/E, below its five-year mean P/E of 15 times,” it said.
Read more at http://www.thestar.com.my/business/business-news/2017/08/23/cimb-research-retains-add-for-dagang-nexchange/#PyLe5Cvhs1qp08pT.99

http://m.utusan.com.my/bisnes/ekonomi/dnex-tumpu-segmen-tenaga-1.514537

Just hold the stock for one month. You will not regret it.

The company is aggresively looking for new projects or contracts. I think the stock price will surge once we have good news.

There is no quarter during the last ten years when net profits dropped three consecutive times. The profit in the next QR announcement is likely to be better than the previous one

Brent crude oil USD 52.57 +1.35%

Oil Up More Than 1% On Eighth Weekly US Crude Drawdown
http://www.rigzone.com/news/oil_gas/a/151511/Oil_Up_More_Than_1_On_Eighth_Weekly_US_Crude_Drawdown

Tomorrow 0.55?

Oil price is up up!

EIA Spreads Optimism With Double Draw
http://oilprice.com/Energy/Crude-Oil/EIA-Spreads-Optimism-With-Double-Draw.html

U.S. crude inventories fall for eighth week to Jan 2016 low -EIA
http://www.dailymail.co.uk/wires/reuters/article-4816706/U-S-crude-inventories-fall-eighth-week-Jan-2016-low-EIA.html

Oil price has been consolidating. Good.

the stock currently trades at 13 times CY18 fully diluted P/E, below its five-year mean P/E of 15 times,” it said.

But the net profit was 4th best (top 20%) during the last 5 years. It's still on a growth path.
P/E should be over 15.

Buy!

“The stock is down by almost 23% from its year-to-date high in early-May 2017. We see the recent pullback in share price as offering an attractive buying opportunity given that the stock currently trades at 13 times CY18 fully diluted P/E, below its five-year mean P/E of 15 times,” it said.
Read more at http://www.thestar.com.my/business/business-news/2017/08/23/cimb-research-retains-add-for-dagang-nexchange/#Pyz3dXfk18El8McO.99

i checked QRs of many companies released yesterday. i found that many loss making companies gained profit, not loss, in the previous quarter. Buy Anzo! I think it will gain profit in the next QR announcement.

Malaysian consumer confidence at highest since 2015 http://www.thestar.com.my/business/business-news/2017/08/23/malaysian-consumer-confidence-at-highest-since-2015/

Meanwhile, CIMB IB Research maintained its “Add”rating on Dagang NeXchange Bhd (DNex) at 50 sen with an unchanged target price of 75 sen and said the company’s 1H17 net profit was in line at 41% of house/consensus FY17F forecasts as the research house expects a stronger 2H17 driven by new downstream O&G contracts and higher vehicle enrry permit (VEP) revenue.

https://klse.i3investor.com/blogs/taresearch/130642.jsp

TP 0.76

Meanwhile, CIMB IB Research maintained its “Add”rating on Dagang NeXchange Bhd (DNex) at 50 sen with an unchanged target price of 75 sen and said the company’s 1H17 net profit was in line at 41% of house/consensus FY17F forecasts as the research house expects a stronger 2H17 driven by new downstream O&G contracts and higher vehicle enrry permit (VEP) revenue.

In a note Aug 22, the research house said DNex’s core net profit in 1H17 surged 156% y-o-y due to higher contributions from all segments, and the consolidation of OGPC’s earnings.

“We expect stronger earnings in 2H17 driven by new PCS contracts for mini pump station installations and the balance of the Johor-Singapore VEP contract payment.

“The stock is down by 23% from its YTD high in May 17; we see the recent pullback as a good buying opportunity given that the stock trades at an attractive 13x FY18 P/E.

“Maintain Add with an unchanged SOP-based target price of 75 sen,” it said.

Write a comment..Dagang NeXchange dips 3.81% in active trade after 2Q earnings slump | http://www.klsescreener.com/v2/news/view/272205