Hi tc2012, with regards to the energy sector of DNEX, I believe you are referring to their latest QR released on 20 Feb 2017, page 8/12 Section 9 Segmental information for the current period: Energy - Revenue (RM'000) 28.9k, PBT (RM'000) 111k. I would like to believe there's an error here as PBT>Revenue. And current period should be for this quarter not the whole financial year.

I understand that at present DNEX's energy exposure is in two O&G components - OGPC and 30% ownership of Ping Petroleum. OGPC Group was fully acquired in August 2016 and has been awarded a three-year USD70m drilling contract with Petronas. So a rough estimate can be made for the expected income for the QR period. DNEX owns 30% of Ping which in turn equally owns 50% of the Anasuria cluster with Hibiscus Petroleum. Hibiscus released their QR two days later, on 22 Feb 2017, only 2 pages as compared to DNEX's 12 pages. In terms of oil or energy I prefer more Hibiscus style - more transparent with facts and figures on their oil (and don't forget gas) production. Hibiscus provides an executive summary with main facts on page one. Well, maybe I did not fully digest DNEX's QR but on page 10, Section 21 it mentions PBT of RM6.9m from Ping.

We can estimate the quarter earnings from DNEX's energy (oil) sector from the numbers of Hibiscus QR. But here at i3 we have to be very careful of doing that as there are many experts who will point out our mistakes, however small or mundane.

So maybe we leave that to the helpful and willing professional accountants here at i3. Hope they won't overwhelm us with their financial ratios and creative accounting. Similar acts to lawyers with their convoluted legalese and geologists with their hammers, test tubes and condoms.

OK, initially I like Hibiscus more. I though that DNEX was just another wannabe. Luckily I was not involved in buying the shares of Hibiscus, the first Malaysian SPAC, due to various reasons best known to my own goodself. So I did not follow the IPO price and did not burn my fingers when this SPAC was announcing acquisitions resulting in its share price reaching historical highs. When oil prices collapse in 2014-16 and Hibiscus dived to 18 sen I was tempted to enter but could not afford to. Then after OPEC and NOPEC pledged production cuts in Nov 2016 and Hibiscus moved up I became interested. I entered at around 30 sen then sold when 10-15% up, committing a safe percentage of my investment capital. I saw it stabilise and then entered again with a bigger capital percentage at 40+ sen, hoping to sell at around 50 sen. Sadly, I missed the bullish wave due to force selling as I was not careful with the T3-T4 thing. I didn't blame my agent as I prefer to learn things on my own at this stage. Also, I consider the loss of potential gain as tuition fee for my learning curve - maybe cheaper than attending the courses of sifus.

Sorry, I tend to bla bla on and on. Back to why Hibiscus is good or better. First, their website is more professional. It gives the right information and facts - with feedback and interactive videos from the management. The CEO is very visible and so are the top management. They are qualified and experienced professionals - accountants, lawyers and geologists. But then, that's also the case with other companies. Maybe next time I elaborate more on the good of Hibiscus. (The bad you might have heard from Calvin Tan and a few others.)

Now that Hibiscus has appreciated so much it becomes less attractive. But wait for the Sabah Shell acquisition then it will fly more.

Given half the chance, maybe next time I'll give a testimony on how and why I became a DNEX convert. Show time starts now. Maintain radio silence.

At today's lunch break DNEX-WD retreated or consolidated at 14.0 sen after peaking volume at 14.5 sen and testing the water at 15.0 sen. Wah, trading volume so crazy at 283 million just for morning trade. Way surpassing yesterday's record volume of 370 m.

Stay tune for this afternoon trade. Will it be just a blip on our radar screen? Will it bring instant wealth to us? Or a lifetime of misery, horror movie ending or slow boat to Holland?

Do remind ourselves that we can never predict the stock market. Prediction is mere prediction or forecast. That's why prophets are seldom appreciated or acknowledged during their lifetimes. You predict right and your devoted followers will worship you, lick your ess, shower you with gold, frankincense and Android tablets; and confer you as THE Prophet of Fat Profits. You predict wrong then ....

By the way, for those who stay with this DNEX counter we predict for mid-term mother TP 50-90 sen, son 15-25 sen.

Wow, DNEX's bullish charge is unstoppable!!. Both mother and son these few days very unsangkarable. Rising through the roof like a metric ton of bricks.

So yes, both DNEX and DNEX-WD is/are the undisputed chun chun call of 2017!! Not just the first quarter but the whole of 2017. Don't believe this predictions? For the DNEX skeptics and fencesitters please read this i3 repost on the widening income base of DNEX by Kenanga Investment dated 7 Dec 2017:
https://klse.i3investor.com/blogs/kenangaresearch/111180.jsp

Many i3 sifus here now. John Lu seems to be always picking the chun chun stock. Calvin Tan has gone AWOL as of late. But Calvin, I am obliged to inform you that I have just joined this DNEX bandwagon. Last week I entered BPLANT upon seeing its QR with very green qoq and yoy. But after a few days have to cut loss. Migrated to DNEX-WD with a heavy heart. Your BPURI is still KIV to enter later, as of now it's still in the drain - BINA PARIT!!

For the skeptics I would also like to inform that DNEX is the star of Bursa at the very moment. It is indeed well-diversified in IT services, government contracts and oil and gas. Yes, it is stealing business from MyeEG. Yes, it is monopolising the VEP to Singapore. And soon the VEP to Thailand, sure those going for look see look see trips to Hatyai wouldn't mind paying.

And it's O&G entry is bearing bountiful harvest - Ping petroleum's Anasuria cluster and recent drilling contracts with Petronas. Compare that with some spics and spacs that have yet to announce oil or gas production from their Kazakhstan ventures. I don't understand why Malaysians are very obsessed with Kazakhstan or Mongolia. Maybe I should consult my buddy Borat.

Also getting lucrative government contracts will ensure recurring income for years to come. Maybe not good for the likes Iris, MyEG and SMTRACK, but finger lickin' good for DNEX.

You can sell now and lock in your profit because the stock market is very unpredictable. But then we might ejaculate prematurely. Like me yesterday sold DNEX-WD near noon at profit. Then watched in horror as it shot up in afternoon trading. So re-entered this morning. Even if the big boys leave I believe the son will reach 10-20 sen in mid-term, mother 60-90 sen. God willing.

For the Google translation I'm assuming that we're using Windows PC with touch pad or mouse as input, and Google Chrome. On a smartphone with touchscreen and different species of operating system (OS), corresponding steps exist for the finger taps and scrolls, I presume.

Dear shareinvestor88, you recently requested Richard to translate his article from Mandarin to English. Now that is not necessary as you can use Google translator if you're using Google Chrome on PC Windows. Here's how. Right click (mouse/pad) on any empty space on your screen. A window pops up. On the menu click "Translate to English". Wait for the translation process to complete then the article is in readable and comprehensible English. Of course quality is of Google translator English. You can also set your browser for translation to other languages like Malay, Tamil or French. Hope this helps.

Wah lau, it seems that every i3 member and his estranged uncle is joining Tan KW's 2017 Stock Competitions. Good, the more the merrier.

Congratulations and thanks to Tan for organising this annual contest. Hope his computer system can cope with the ever-increasing number of participants.

Dear Mr. Tan,

My stock picks for 2017 are:

1. BPuri
2. DNEX
3. Ekovest
4. Gadang-WB
5. Hibiscus
6. MRCB-WA
7. PDZ
8. Sumatec-WB
9. Reach-WA
10. RSena-WA

I pick 10 counters to be equally purchased, i.e. 10% each.

I do hope you won't mind that many of my selection are warrants and penny stocks.

My selected stocks may indicate that my taste is cheap but I am aiming high, hoping to be on top of RosmahMansur in 2017.

Merry Christmas, Happy New Year and Gong Xi Fa Cai in advance!!!

May 2017 bring joy, forgiveness, prosperity and tons of happiness to all of us in i3investor. May the force be with us.

Thank you.

Yam.

Congratulations wahahaha!!! At the moment your Tekseng (TS) seems to be, to borrow the words of Ayam Tua and his minions, PASTI ... TUJU ...LANGIT!!!

Like some of our friends, I also have the feeling that you are an insider of TS - see remark on factory security and other informative hints. But I'm not saying you are THE promoter or syndicate-linked for TS. Well as long as we huat together kuat-kuat for our common good and financial gain then why complain? I thank you for the argument and information given enabling me to decide to enter this counter at the right time and of my own accord.

I've entered TS today (15 Nov) at RM 0.895 after the stock price rebound and do expect a decent return soon - including dividend if I can afford to wait before it recedes. This counter is one of the falling knives that I previously caught hoping them to rebound like boomerangs. Entered at 1.02 but exited shortly at 0.97 with manageable loss of 5%. A few other counters were not that fortunate for me - substantial losses including the steel-themed falling knives. But that was the time you were arguing with many others including Calvin Tan - BritishEmpire was one of the very few on your side. And to be on the safe side I also bought Calvin's BPuri and sold when it appreciated 13% at 0.485 sen. Thanks Calvin for that but sorry I can't follow it to the sky...

And oh, I could have used the profit from BPuri to have a nice muttoncurry buffet but then no time, I have other falling knives to catch. Luckily I also entered Ekovest but just divested with a decent return as BPuri. My muttoncurry treat is still on hold - maybe wait for Calvin.

Sorry to see that you have to fight nail and claw here with your detractors for TS. As we all know the recent price crash of Tekseng occurred after the worker lay-off in September 2016 and thereafter subjected to reduced rating by analysts. To me the ensuing brouhaha is fairly and better explained by The Edge Financial daily article of 31 October 2016, "Tek Seng says it’s still full steam ahead after layoffs". In summary, TS managing director Loh Kok Beng explained that those retrenched were temporary (or probationary) workers on two new production lines for a Taiwanese client. When the client was not satisfied with their performance, they were dismissed and qualified Taiwanese were brought in. This is certainly not favourable for local politics or technology transfer but for the client or company's business it's the bottomline. But how about CSR? Sad news if the fired worker is our relative or friend. An easily accessible copy of this article is at:

http://www.klsescreener.com/v2/news/view/146579

I for one really believe that at the moment TekSeng is a company of good fundamentals and having bright future. Family-controlled, evolved and developed over the years with experience. Direction and priority shifted from PVC to the more technologically-challenged solar cell/panel production - with Taiwanese joint-venture and guidance - should not be an issue. Remember Kyocera of Japan? It's "Kyoto ceramics", but do we perceive it as only a ceramics company? Hopefully our Malaysian Esceram will also one day diversify into more than ceramics and property or construction.

It's just that my investment fund is finite and much less than many of the stock sifus/gods/gurus here so my allocation for this TS counter is limited. And I try to play safe by not putting all or most eggs in one basket, but at times temptation comeths and the eggs fall to the abyss.

As for the future of green energy or technology like solar energy and solar cell/panel well I also have my views and would love to comment. But that's another topic for another day under the sun.

Yes, BPURI rocks!!!! Now stuck at 0.415.

But have faith in Calvin. BPURI will go past 0.50, fly to 1.00 then 2.00 then the moon and beyond. PASTI ... TUJU ... LANGIT!!!

Enlightening to observe lively debates between the active stock players of Bursa Malaysia on specific counters. Keep posting.

Thank you on the highlighting of the directors substantial shares and significant increases from 2015 for BPURI. The fact that they are silently accumulating their shares and the lack of momentum in the price movement are indications that something is brewing.

Fundamentally at present, a positive aspect of BPURI is its higher higher NTA of RM 0.94 compared to the price of 0.41 but its negatives are high PE of 27 and no dividend. Conflicting aspects but we need to compromise and decide.

For positive chi and to gain new converts, do allow me to recite these oft-quoted mantras:

- Buy on rumours, sell on news.

- The market is very efficient - it absorbs and acts on all inputs, rightly or wrongly.

- Be greedy when others are fearful.

- Be the eagle in the sky, not the chicken on the ground. (I first heard this from Calvin).

- Follow the sharks (not eaten by them); swim with the crocodiles (not walloped by them); dances with wolves.

- If you can't beat the Wolves of Wall Street or Putrajaya-1MDB, why not join them??? Godwilling, you'll be richly rewarded with Paris Hilton(s) and Birkin bags.

Oh ya, for the record I entered BPURI this morning with an average price of 0.422. I guess Calvin might have entered at 0.38, so by now it has rallied more than 10% for him. Sorry Calvin if my assumption is off. So, maybe this evening I'll pray to the stock gods to push up this stock.

Sayonara.

Calvin, I've just decided to follow you on this BPURI. Hopefully it will fly tuju ... langit, like Ayam Tua said.

Sometimes there seems to be no logic in the stock market. Either you use FA, TA, FVI will work or not. Like now, where got logic even LIONCOR to be delisted also can jump from 1.0 to 1.5 sen. Maybe some people have information that we do not have or just pure speculators. And recently also there are trades with MAXWELL and MAXWELL-WA even though this company has no business as discussed in i3investor. Yes, their QR report looks good - very creative accounting with NTA of around 0.50. But do they really manufacture shoes and how many of us have seen their factory operations in China, well apart from the company sponsored trip for remisiers and agents/promoters. Photoshop images? So, I believe some speculators or maybe syndicates are trying to goreng this MAXWELL stock before it goes into oblivion.

I have faith (if there's such a thing as faith in stock trading) that BPURI will fly. Its NTA is 0.91 and it's got the contracts with the government - sure can pay. Well, there are also the downsides as mentioned by your detractors, Calvin.

can play with the sharks 3.0 - 3.5 sen for short term. If can buy.