DAGANG NEXCHANGE BERHAD

KLSE (MYR): DNEX (4456)

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Last Price

0.40

Today's Change

+0.005 (1.27%)

Day's Change

0.39 - 0.405

Trading Volume

19,718,300


56 people like this.

100,761 comment(s). Last comment by Ron90 1 hour ago

ken2004

1,419 posts

Posted by ken2004 > 6 days ago | Report Abuse

Lol, since when DNEX will have oil impact for real, as if oil impact is there, those so called oil stock already flying high, since when is DNEX turn to claim superiority on oil impact, DNEX is more on their wafer impact which till now nowhere to see of the come back of the glorious day before this in 2021/2022.........

klee

2,946 posts

Posted by klee > 6 days ago | Report Abuse

Dnex energy contributed 30% of turnover ,technology 50% IT 20%.
Ping petroleum is the only profit generating sector,the other 2 are losers.

klee

2,946 posts

Posted by klee > 6 days ago | Report Abuse

Meranti block in msia will draw first oil in 2024.How nice when oil is marching towards usd100.A cluster will draw first oil in 2027.North sea new blocks 2026.

ken2004

1,419 posts

Posted by ken2004 > 4 days ago | Report Abuse

Cyberjaya, 29 February 2024 – Dagang NeXchange Berhad (“DNeX”) has announced its financial results for the sixth quarter (“6Q FY2023”) and 18-month period ended 31 December 2023 (“18M FY2023”).

In 6Q FY2023, the Group reported a revenue of RM283.7 million and a loss after tax and non-controlling interest (“net loss”) of RM14.6 million. During the quarter, DNeX’s Technology division remained as the major revenue contributor, accounting for RM145.4 million or 51 per cent of total revenue, as compared to RM157.2 million recorded in the previous quarter (“5Q FY2023”). The softer performance was mainly due to weaker volume of wafer shipments.

Contributions from the Energy and Information Technology (“IT”) divisions stood at 34 per cent and 14 per cent respectively. The Energy division posted RM97.2 million in revenue from RM114.8 million recorded in 5Q FY2023, due to lower average oil prices of USD81.9 per barrel as compared to USD97.2 per barrel in 5Q FY2023. The IT division generated revenue of RM41.1 million, against RM55.5 million in the previous quarter, in tandem with completion and progressive work done of certain projects.

ken2004

1,419 posts

Posted by ken2004 > 4 days ago | Report Abuse

Look at the profit then you will know even in peak USD97.2 per barrel also DNEX did not gain so called superb result, everyone is looking at the wafer shipments as the main profit that make DNEX jump........if really as mention oil can jump up 2x profit, I don't believe those people will not jump in by now.......

143922

258 posts

Posted by 143922 > 4 days ago | Report Abuse

😘

younglean

197 posts

Posted by younglean > 4 days ago | Report Abuse

I guess Dnex can turn profits in the next quarter

soon9913

2,478 posts

Posted by soon9913 > 4 days ago | Report Abuse

it is very likely...

ken2004

1,419 posts

Posted by ken2004 > 4 days ago | Report Abuse

DNEX is supposed to be in profit but problem is their so called profit nothing outstanding. Worst if they in losses like last quarter. You will know what I mean if you review their qtr profit from 2021/2022, their profit drop like 70% never recover till now......

ken2004

1,419 posts

Posted by ken2004 > 4 days ago | Report Abuse

Rough estimate : 2020 : -14 million, 2021 : 103 million, 2022 : 550 million, 2023 : -170 million, so called new financial date 31 Dec 2023 : 46 million.......this is why the share jump flying in 2021/2022 period, I think by now everyone also should know why it crash down after that with such result.......

soon9913

2,478 posts

Posted by soon9913 > 4 days ago | Report Abuse

explain more pls, talk half dont talk half

rainman777

820 posts

Posted by rainman777 > 4 days ago | Report Abuse

Hahahaha mana sifu ada good news hahahaha lagi ada whales jumping di jalan, Wakaka

gooman

643 posts

Posted by gooman > 4 days ago | Report Abuse

Analysts remain bullish on O&G sector, see oil prices rising to US$140 per barrel - https://theedgemalaysia.com/node/708770

Posted by vellfire14 > 4 days ago | Report Abuse

kilang foxconn coming soon ke

Diego66

92 posts

Posted by Diego66 > 4 days ago | Report Abuse

I don't think so, vellfire14. Dnex rises as oil market on fire

pinetree88

300 posts

Posted by pinetree88 > 3 days ago | Report Abuse

Niise contract should be announcing soon? Dnex is one of 3 contenders for the tender. Anyone saw any reports of when roughly tender results be announced?

143922

258 posts

Posted by 143922 > 3 days ago | Report Abuse

Kilang belacan mungkin

i3Broly

31 posts

Posted by i3Broly > 3 days ago | Report Abuse

Tengku Zafrul latest tweet on X on Dnex

Ron90

3,761 posts

Posted by Ron90 > 3 days ago | Report Abuse

expect another announcement about collaboration or mou between with Silergy corp., coincidence with what PMX just announcement recently about establishing IC design hub at puchong area??

Gaussian

2,967 posts

Posted by Gaussian > 3 days ago | Report Abuse

Islamic ceo prayers are very strong. Don’t play play. lol

scjm

2,491 posts

Posted by scjm > 3 days ago | Report Abuse

staying above 42 would be a strong indication of the beginning of the trend reversal; stay invested ie long term more than 3 months

KingDavid

2,426 posts

Posted by KingDavid > 3 days ago | Report Abuse

A discussion with Dagang NeXchange Berhad (DNeX) and Silergy Corp (Silergy) delegations on how to further develop the country's semiconductor industry.

MITI is drafting a Semiconductor Strategic Plan for Malaysia with various incentives to attract strategic investment especially to encourage more front-end activities in the semiconductor industry in our country.

nicholas99

9,844 posts

Posted by nicholas99 > 3 days ago | Report Abuse

foxconn also run already. talk so many also useless..

nicholas99

9,844 posts

Posted by nicholas99 > 3 days ago | Report Abuse

gg. they setup in selangor. dnex in kedah.

KingDavid

2,426 posts

Posted by KingDavid > 3 days ago | Report Abuse

Buying at above RM0.9 is very different from buying at RM0.4. The risk is definitely reduced. The opportunity is definitely increased. Nothing is guaranteed. We are talking about probability.

nicholas99

9,844 posts

Posted by nicholas99 > 3 days ago | Report Abuse

it go up 0.9 because speculate foxconn want build factory.. but now dispute with china partner.. then this la that la.. take in useless director.. all type of mou.. useless. pandai blow water.

Kanenites

4,440 posts

Posted by Kanenites > 3 days ago |

Post removed.Why?

ken2004

1,419 posts

Posted by ken2004 > 3 days ago | Report Abuse

People want see $$$, just plan pointless if people cannot see how many $$$ profit bring in....

nicholas99

9,844 posts

Posted by nicholas99 > 3 days ago | Report Abuse

If they can get syed mokhtar come in. He is valued at RM55bil. Then maybe yes (since they needed to be bumiputra)..
But they went and got those rubbish director.. useless.. cannot help the silterra grow.

klee

2,946 posts

Posted by klee > 3 days ago | Report Abuse

khazanah sapu dnex,syed can stand aside...lol

Gaussian

2,967 posts

Posted by Gaussian > 3 days ago | Report Abuse

TP Rm 4-6. lol

Posted by Ela Deraraj > 2 days ago |

Post removed.Why?

klee

2,946 posts

Posted by klee > 2 days ago | Report Abuse

big tax breaks and other incentives coming for silterra....

Posted by NatsukoMishima > 2 days ago | Report Abuse

Just buy 100000 units keep if skyrocket u can retire , if not u also wont lose big ! My TP RM 4 - 6 !

143922

258 posts

Posted by 143922 > 2 days ago | Report Abuse

🚀🚀

ken2004

1,419 posts

Posted by ken2004 > 2 days ago | Report Abuse

Thinking if they fail to get NIISe, will DNEX drop lol

8dragon

2,027 posts

Posted by 8dragon > 1 day ago | Report Abuse

Wil consider buying some if price drop below 0.35...

younglean

197 posts

Posted by younglean > 1 day ago | Report Abuse

Signal of goreng 😁

Sargon15

https://twitter.com/tzafrul_aziz/status/1782403286668280241

12 hours ago

anson938

1,575 posts

Posted by anson938 > 7 hours ago | Report Abuse

https://www.cnbc.com/quotes/@LCO.1
Brent oil up back to 89.37

AnaiAnai

273 posts

Posted by AnaiAnai > 6 hours ago | Report Abuse

Can buy now?

KingDavid

2,426 posts

Posted by KingDavid > 4 hours ago | Report Abuse

To be sure, wait for the next push with trading volume. This can be the strategy to use to accumulate. Every push we can buy some. Every drop beyond the last bought, we sell some. Share market is all about probability.

anson938

1,575 posts

Posted by anson938 > 4 hours ago | Report Abuse

On the way to 5 then 6

Posted by anonymouse66 > 4 hours ago | Report Abuse

cant even hold 0.40 how to go 0.50

Ron90

3,761 posts

Posted by Ron90 > 1 hour ago | Report Abuse

its a healthy situation at this level for accumulation. Exactly 2 weeks after the recent jump, price never drop below 39. and today still got ppl buying at a very impressive rate, 80% !!.

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