DNeX Sees Revenue Stream Spread Across Three Core Segments

Dagang NeXchange Berhad said it is actively diversifying its customer base and revenue streams across its three core business segments of Technology, Energy and Information Technology.

Speaking at the Annual General Meeting Tan Sri Syed Zainal Abidin Syed Mohamed Tahir Jamalullail, Executive Chairman of DNeX said the group has significantly broadened its customer base and scaled up its operations across three core business segments. In the Technology segment, the Group has onboarded several new customers in emerging fields such as artificial intelligence (“AI”), health science and electric vehicle (“EV”) sectors. Product testing and qualifications with customers are on-going, and we anticipate higher manufacturing volumes upon completion. Following a 20 percent capacity expansion that was completed in 2023, the group is well-positioned for the upcoming industry upcycle.

The Group said it is also exploring opportunities in the recently launched National Semiconductor Strategy notably in grants and subsidies for establishing new manufacturing and R&D facilities.

In the Energy segment, the group now boasts a geographically diverse late-life O&G portfolio, including assets in the UK (Anasuria, Avalon, and Fyne) and Malaysia (Meranti Cluster, A Cluster, and Abu Cluster). In addition, efforts are underway to upgrade the Kemaman Supply Base workshop to enhance service offerings and broaden capabilities in the downstream sector.

For the IT division segment, DNeX is positioning itself as a key player in supporting the Government’s digital transformation agenda.

Charlie Munger: "The big money is not in the buying or selling, but in the waiting."

He has sinus...

Maybe a newcomer on board...

Someone just infuriated the sleeping giant....

The sleeping giant is taking sleeping pills now... BUT definitely not overdose!

How nice ..if all form a consortium... we have money, power, petroleum, water, semiconductor, AI.....OMG

Nvidia partner with YTL Power... soon or later we're all become BROTHERS... 😅

old news...NVIADA with FOXCONN... then FOXCONN and DNEX..https://nvidianews.nvidia.com/news/nvidia-partners-with-foxconn-to-build-factories-and-systemsfor-the-ai-industrial-revolution

Dnex is being humble…A good 🐎

Miracles always happen when you believe.

To the moon 🌙

Yes.. stock of the year… better than ytlp

if not?

https://theedgemalaysia.com/node/713247

Strong oil prices to buoy upstream O&G companies
PETALING JAYA: Companies involved in the oil and gas (O&G) upstream production and services as well as equipment sub-sector will be the main beneficiaries of strong oil prices, which are expected at US$80 to US$82 per barrel.

Rakuten Trade Sdn Bhd head of equity sales Vincent Lau is positive about the outlook for the O&G sector with the current Brent crude oil price remaining supportive of Petroliam Nasional Bhd’s (PETRONAS) domestic capital expenditure (capex) activity for 2024-2026.

“Recent earnings of O&G companies have continued to improve compared with 2023 due to more work activities.

“Our forecast for Brent crude oil price is that it will average US$80 per barrel for 2024 due to geopolitical tensions in the Middle East and elevated global demand for the commodity.
“The direct beneficiaries of higher Brent crude oil price are Dagang Nexchange Bhdand and Hibiscus Petroleum Bhd, as both are involved in upstream production activities at O&G oilfields locally and internationally.

传海德退出竞标 剩迪耐铁达争NIISe项目
2024年05月25日
（吉隆坡25日讯）有消息指出，迪耐（DNEX，4456，主板科技股）和铁达（THETA，9075，主板科技股）已从10家竞标者当中脱颖而出，入选全国移民综合系统项目（NIISe）项目的最终遴选。

这也意味着，之前纳入竞标名单的海德（HTPADU，5028，主板科技股），将不再参与其中。

根据财经周刊《The Edge》报道，有消息人士指出，政府已将范围缩小至两家，预计将在本周举行澄清会议，并签署合约。

惟消息人士指出，海德退出此价值10亿令吉的项目令人意外，原因也未知。

另一位消息人士同样确定海德退出竞选，不过，剩余的两家公司，本身出价就存在巨大的差异，即有约1亿令吉的差别，且存在一些与合规性相关的问题。

消息人士表示，政府目前会要求双方进行审查工作，同时也对成本超支或变更订单持谨慎态度，因为这会增加成本。

LOL.... Bankruptcy soon? Such a bad mouth..lol,
See below #5... recently in China...
首相与大马商界翘楚交流会出席者名单

丹斯里卢成全
丹斯里鍾廷森
丹斯里戴良业
丹斯里李爱贤
丹斯里林伟才博士
丹斯里吴明璋
丹斯里邝汉光
拿督吴逸平
拿督陈镇明
丹斯里刘瑞发
拿督廖志明
丹斯里张昌国
拿督孔令龙
张聪
蔡文洲
洪锡倡
洪宝德
郭志坤
林逸威
丹斯里陈成龙
拿督斯里许廷忠
拿督陈钰标
林顺发
丹斯里杨肃斌
丹斯里林福山
丹斯里吴添泉博士
丹斯里陈志成
丹斯里刘天成
丹斯里郑福成
丹斯里郑添利
丹斯里梁海金
丹斯里曾福传
丹斯里林玉唐
丹斯里陈健顺
丹斯里郑文记
丹斯里纳西尔
拿督魏俊明
拿督斯里叶绍全
邱曜仲
拿督斯里蔡宝强
Siau Ming Kiat
林胜利
Lee See Jin
Low Kok Thye
Ho Kwee Hong
Tham Kin Yip
拿督Tan Shin Yi
拿督Beh Heng Seeing
拿督Yong Chai Seng
拿督Tan Teow Choon
Young Pey Feei
https://www.enanyang.my/要闻/【视频】安华会见50大马商界领袖-北京交流会“含金量爆灯”

LOL.... Can see Tan Sri photo or not?

No wonder we have financial crisis!

Do you really think Tan Sri will ever give up his dream easily?
One of his philosophies is:
Think Big, Dream Big, Do Big, Achieve Big -->
Top Glove Target: FORBES & FORTUNE GLOBAL 500

Who do you believe? The boss or The expert IB?

Go ahead, make my day...lol

Breaking News: Local Institutional Funds wish all of us HAPPY CHINESE NEW YEAR!!

Someone is playing mind games? lol..

"Dreaming is essential for a human being. Without dreams, you will lose interest in life and finally hate to live life. You will be bored and tired of the same monotonous routines of your daily life and will not even find interest in the most exciting things. Only with dreams, will you find a purpose to live your life."

Have you ever heard of why are fund managers so awful at their job? In fact, fund managers have little true accountability.

My expert advisor told me not to listen to social media/Technical Analyst if I want to get rich from stock market. We buy stocks when they are at a discount to their true value, we believe the market will eventually catch on, the price will go up.

Everyone claims to be an expert.
Self-Proclaimed Experts More Vulnerable to the Illusion of Knowledge...lol

lol... treating the stock market like a casino...rolling the dice like gamblers...just buy something in the hope that it will go up...love it!

Know the difference between investing and gambling....

Local Investment Bank vs Foreign Funds... The Winner is :........

Warren Buffet says 'monkeys' could do as good a job investing as financial advisors.

Don't forget Top Glove Bhd has 1 factory in China...

顶级手套(兴化)有限公司 GREAT GLOVE (XING HUA) CO. LTD.
FACTORY 15
中国江苏省兴化市经济开发区沙庄路4号（原纬五路
No. 4, Shazhuang Road,
Economic Development District,
Xinghua City,
225700 Jiang Su Province, P.R. China.

Investor should know which research analyst is accurate most of the times...Personally, I think if the brokers advise were so valuable then they would have buying stocks not selling advises. After all, rely on your self decision... make your own strategy!

People don't realise that every time you blame someone or something else you are in some way responsible for your situation as well. I guess it all comes down to personal accountability.
Maybe every time you point your finger at someone or something else there are three fingers pointing right back to you. Just remember...
When things don't go well, you want to find who is guilty... A typical blame culture!

Many traders get stressed out / anxiety because they are trading stocks that are extremely volatile because they want to make big returns in a short period of time!!

Sound like "the Guru" has the crystal ball... He can predict the future of the price movement of both Top Glove and Hartalega......Hmmm I am guessing he/she must be richest man/woman in the world.

Proof of Confidence!!

No Salutation Name Designation Description Of "Others" Designation
1 TAN SRI DR LIM WEE CHAI Others EXECUTIVE CHAIRMAN
Type of Transaction Acquired
Description of "Others" Type of Transaction
Date of Transaction 30 Dec 2022
Description of Securities Ordinary Shares ~ Indirect Interest
No of Securities Transacted 5,000,000
% of Securities Transacted 0.062
Consideration Malaysian Ringgit (MYR) 4,518,900.500

2 MR LIM HOOI SIN Executive Director
Type of Transaction Acquired
Description of "Others" Type of Transaction
Date of Transaction 30 Dec 2022
Description of Securities Ordinary Shares ~ Indirect Interest
No of Securities Transacted 5,000,000
% of Securities Transacted 0.062
Consideration Malaysian Ringgit (MYR) 4,518,900.500

Focus on the long game!
Nobody can be right all the time and nobody can be wrong all the time. Each investor should know whose research report is accurate most of the times.
By the way, there's always a disclosures and disclaimer statement at the end of the research report... please read thru' it carefully if you know what I mean...

Short selling is a risky trade but can be profitable if executed correctly with the right information backing the trade. In a short sale transaction, a broker holding the shares is typically the one that benefits the most, because they can charge interest and commission on lending out the shares in their inventory.
People also get it wrong when they try to buy/sell shares by judging future market movements. Nobody can predict future market movements.
The question is, do you still believe those price target that provided by the stockbrokers?

Do not rely on the so called brokerage reports... Just use them for information! Focusing on stock fundamentals.
Your decision should be based on your investment horizon. If you intend to hold a stock for a long period, you should not bother much about the broker's ratings. Usually, brokerages give buy, hold and sell or outperform and under-perform ratings and a target price for 6-18 months. While the view is for a specified period, it can be altered in the the event of a big change affecting the company. Remember, your stockbroker would starve to death if you adopt buy and hold strategy!
No matter who you are dealing with (especially i3 investor forum), remember to consider motives of any person sitting across the table from you. Virtually everyone has their own agenda.
Charlie Munger once said, "Never underestimate the power of incentives", and be aware of the potential conflicts of interest between broker reports and their corporate clients.