Posted by Johnny_Mechanic > 2022-01-19 11:18 | Report Abuse

more fund will come in later today after digest HLB recommendation. so stay cool guys.

Posted by Max2838 > 2022-01-19 11:19 | Report Abuse

Russian operatives undergoing training in urban warfare i.e street fighting.
Still no sellers in oil futures?
Sabah & Sarawak still no flood preparations for 1 Feb's high tide

Posted by NatsukoMishima > 2022-01-19 11:27 | Report Abuse

https://www.klsescreener.com/v2/news/view/939449

Posted by iPlay > 2022-01-19 11:28 | Report Abuse

This is from The Star 19/1/2022
More and more will be covering research on DNex


Same story... Original from HLIB...


PETALING JAYA: The prospects of Dagang Nexchange Bhd (DNeX) look attractive, given its strong foothold in both the semiconductor and energy space, according to Hong Leong Investment Bank (HLIB) Research.

Following a slew of corporate exercises in the first half of 2021 that ushered in a new management team and business direction, the group has transformed into a semiconductor front-end player/foundry and an upstream oil and gas (O&G) producer in the United Kingdom’s North Sea region.

In July 2021, DNeX acquired a 60% stake in Silterra Malaysia Sdn Bhd for RM168.3mil cash from Khazanah Nasional Bhd.

Beijing Integrated Circuit Advanced Manufacturing and High-End Equipment Equity Investment Fund Center (CGP Fund) owns the remaining 40% stake in the nation’s largest chipmaker.

Silterra is involved in the manufacturing of semiconductor wafers and supplies multinational fabless and integrated device manufacturer companies.


In June 2021, DNeX also acquired an additional 60% stake in Ping Petroleum Ltd (an upstream O&G company), raising its holdings to 90%.

HLIB Research pointed out that profits from DNeX’s new assets would only be reflected in the financial year ending June 30, 2022 (FY22) onwards.

The research unit said post-acquisition by DNeX and CGP, Silterra had returned to the black, registering profits of RM21.2mil in two months (August and September 2021).

“We are projecting Silterra’s estimated net profit in FY22 to FY24 to grow further to RM158.6mil, RM202.3mil and RM223mil respectively, representing a FY22, FY23 and FY24 estimated compound annual growth rate (CAGR) of 19%,” said the research unit.

Going forward, Silterra also aims to venture into a vertically enhanced product mix such as silicon photonics and micro-electro-mechanical systems, or MEMS, which will improve profit margins by three times.

Silicon photonics is a technology where optical devices are fabricated by the mainstream microelectronic processing technology.

MEMS involves miniaturised mechanical and electro-mechanical devices and structures that are made using the techniques of microfabrication.

Meanwhile, regarding Ping Petroleum’s Anasuria assets, HLIB Research said with a low operating expense per barrel of less than US$20 (RM84), the unit’s cash-breakeven crude oil price is estimated by the research unit to be at about US$25 (RM105) per barrel.

The Anasuria cluster is located 175kms east of Aberdeen in the Central North Sea, the UK.

“In the event of an oil price crash, we are comforted by the fact that these low cash operating expense levels will provide shelter from going into deep operating losses.

“With that, we deem the Anasuria assets to be a valuable cash cow.

“Meanwhile, we estimate the unit’s breakeven price to be at about US$45 (RM188) per barrel on the net level,” said HLIB Research.

The research unit opined that DNeX would see impressive earnings growth and is projecting its core net profit to grow to RM155.2mil, RM197.8mil and RM271.5mil for FY22, FY23 and FY24 respectively, representing a CAGR of 32%.

HLIB Research said this would be driven by average selling price hikes by Silterra, and increasing oil production from the Ping Petroleum’s 50%-owned Anasuria.

The research unit has initiated coverage on DNeX with a “buy” call and RM1.35 per share target price, based on a sum-of-parts valuation.

Posted by Muhammad Taufik > 2022-01-19 11:32 | Report Abuse

uiseh , awat tak habaq awai awai. duhh!

Posted by sharmanisa > 2022-01-19 11:38 | Report Abuse

Sauk 90 sen tu bro

Posted by zhendehenre > 2022-01-19 12:04 | Report Abuse

Time to masuk 90 sen

Posted by nixonteh85 > 2022-01-19 12:12 | Report Abuse

sailang

Posted by KingDavid > 2022-01-19 12:33 | Report Abuse

Any one can share who have been buying today? Institutions - Local, Foreign ?

Posted by Hotstuff > 2022-01-19 12:40 |

Post removed.Why?

Posted by nextan > 2022-01-19 12:53 | Report Abuse

Local fund KYY and gangs are buying....hahaha

Posted by izoklse > 2022-01-19 13:28 | Report Abuse

of course KYY is buying because oil now heading to 100 USD and DNEX will get huge profit from its oil Division.

Posted by zhendehenre > 2022-01-19 13:35 | Report Abuse

Shit lah... Macam no chance to buy at 90sen liao
Hoot la hoot la

Posted by iPlay > 2022-01-19 13:43 | Report Abuse

Perhaps now is the best timing to buy

Posted by quest > 2022-01-19 13:51 | Report Abuse

If cannot buy at 90sen, buy at 91sen also ok if your TP above RM1.

Posted by mamatede > 2022-01-19 14:34 | Report Abuse

nice thank you Dnex, Dayum !!

Posted by KingDavid > 2022-01-19 14:38 | Report Abuse

Any price projection before CNY break?

Posted by chl1989 > 2022-01-19 14:39 | Report Abuse

rm1.5

Posted by nextan > 2022-01-19 14:40 | Report Abuse

Today closed at 0.93

Posted by KingDavid > 2022-01-19 15:08 | Report Abuse

ch1989, your TP of RM1.5 is unrealistic before CNY. TP of RM1 is already very satisfying.

Posted by KingDavid > 2022-01-19 15:10 | Report Abuse

The bear and the bull are punching at the same time and neutralises the uptrend momentum.

Posted by atilanohun > 2022-01-19 15:21 | Report Abuse

7 1/2 trading days before CNY, I believe closing price before CNY could be just above RM1.05 i.e. breakout of previous peak . That will be big ang pau indeed !!

Posted by Johnny_Mechanic > 2022-01-19 15:35 | Report Abuse

lets push to 1 for CNY guys

Posted by GoodBoy > 2022-01-19 15:48 | Report Abuse

Bloodbath everywhere ... Still can go up some more ? ...

Posted by mf > 2022-01-19 15:49 | Report Abuse

Stock futures are flat after sell-off on Wall Street, more bank earnings ahead

Posted by JohnFarmer458 > 2022-01-19 16:04 | Report Abuse

Come to Dnex for angpow. Most undervalued stock in Bursa

Posted by Johnny_Mechanic > 2022-01-19 16:05 | Report Abuse

Director and Executive Committee – Cadol Cheung
Cadol Cheung has over 28 years direct experience in core technology investment, with superior knowledgeof leading technologies and industry habits. Mr. Cheung was responsible for the management of Intel CapitalAsia-Pacific region and led various operation departments over 26 years – with 16 years of experience inoperations and 10 years in investments at Intel. Mr. Cheung was awarded Top 50 Venture Capitalist in Chinafor 4 consecutive years and “The Most Active Green Venture Capital Enterprises" in 2008 and “Best VentureCapital Institutions” in 2009. He led Intel Capital and invested approximately RMB5 billion in the Asia Pacific
region, in which RMB3 billion was invested in China. He earned BSc of Engineering from Hong KongPolytechnic University and MBA from the Chinese University of Hong Kong.
Officer-in-Charge – Dr Albert S.K. Pang
Dr Albert was appointed as the Officer-in-Charge of SilTerra Malaysia Sdn Bhd effective 3rd January 2022. Dr Albert has about 28 years of experience in the semiconductor industry especially in technology and manufacturing. He comes to SilTerra from a distinguished career at Shanghai Huali (HLMC) where he heldthe position of Senior Director, TD. He also has prior work experiences in Grace Semiconductor (GSMC)Shanghai, Chartered Semiconductor Singapore, SMIC Shanghai, Process Integration at TSMC Hsinchu Taiwan, MIMOS Malaysia and Technical staff at IME Singapore. As the Officer-in-Charge, his key role is to manage and facilitate the operations of SilTerra

Posted by Johnny_Mechanic > 2022-01-19 16:06 | Report Abuse

sure make money liau with all these cino top gun running, no more leakage haha...

Posted by strattegist > 2022-01-19 16:17 | Report Abuse

limau manis manyak selap wohhhhhhh

Posted by Shakdududu > 2022-01-19 16:21 | Report Abuse

Ini limau.. kutip saja tak payah jolok.

Posted by limontea > 2022-01-19 16:27 | Report Abuse

TQVM DNEX
Gong Xi Fat Cai ~!

Posted by nixonteh85 > 2022-01-19 16:32 | Report Abuse

wash dish

Posted by mraytrade > 2022-01-19 16:46 | Report Abuse

stedey DNeX !

Posted by KingDavid > 2022-01-19 16:52 | Report Abuse

I am happy with RM0.91 today.

Posted by BursaBearAlways > 2022-01-19 16:57 | Report Abuse

Wowwww
Top management got changes
No more keluarga malaysia or last time malaysia boleh .
Goodlah
Now really can make money lah
Hopefully the foreigners didnt adapt to malaysia boleh culture or died standing also.

Posted by Johnny_Mechanic > 2022-01-19 17:06 | Report Abuse

now, Cino jahat from CHINA akan rotan sape yg makan suap.. gantung atas pokok kasi semut makan haha...

Posted by BursaBearAlways > 2022-01-19 17:13 | Report Abuse

Khaby lame cakap

Johnny_Mechanic now, Cino jahat from CHINA akan rotan sape yg makan suap.. gantung atas pokok kasi semut makan

Posted by NatsukoMishima > 2022-01-19 17:23 |

Post removed.Why?

Posted by NatsukoMishima > 2022-01-19 17:26 |

Post removed.Why?

Posted by NatsukoMishima > 2022-01-19 17:27 | Report Abuse

Rm 6 in 2022 !

Posted by blackchicken > 2022-01-19 17:56 | Report Abuse

https://www.theedgemarkets.com/article/hlib-initiates-coverage-dnex-buy-call-rm135-target-price

Posted by blackchicken > 2022-01-19 17:57 | Report Abuse

TP 1.35

Posted by CharlesT > 2022-01-19 18:04 | Report Abuse

Seems Funds sell other super over valued tech stocks n buy this.

The only explaination why its the only green one today

Posted by monetary > 2022-01-19 18:19 | Report Abuse

this bird is special breed. hybrid of tech n oil

Posted by Plantermen > 2022-01-19 18:19 | Report Abuse

News of a new additional strategic institutional cornerstone investor stirs interest

Posted by Johnny_Mechanic > 2022-01-19 18:21 | Report Abuse

most of big fund needs days or weeks to digest and call for BOD meeting before pull the trigger, relax the game is not even started yet.

Posted by Mabel > 2022-01-19 19:04 | Report Abuse

Hopefully can reach RM 1 by CNY..

Posted by nextan > 2022-01-19 19:05 | Report Abuse

Natsuko u r right,people will give a lots of figures and facts in here

Posted by Hotstuff > 2022-01-19 19:33 |

Post removed.Why?

Posted by Hotstuff > 2022-01-19 19:34 |

Post removed.Why?