Posted by jk20598 > 2022-01-20 11:48 | Report Abuse

Once all Short term shares squeezed out,you will see the 5 lines Queue share sell volume shrinks from the peak 30-40m to around 3m,it means less investors want to sell now,all holding longer term,less float shares in the market,all in the Whale stomach,Shark Operators no tickets to operate,then it will be easy to fly ahead,as less selling resistance.Yes,good chance to hit RM1 before CNY,after CNY,beyond RM1 to Tp 1.35 or beyond.Hold tight.

Posted by CharlesT > 2022-01-20 11:50 | Report Abuse

When most other tech co suffers drops of 20%+ to 30%+ YTD, Dnex price surge 20%+ YTD

How could it be????

+20%+ vs -20%+

Why why tell me why

Posted by OngKawKaw > 2022-01-20 11:55 | Report Abuse

NASIBBBB MAH!! ADA KAKIS GORENG MAH!!

Posted by OngKawKaw > 2022-01-20 11:57 | Report Abuse

KAW2ONG SIAPA TU BODOH?? BODOH SEKARANG MIMPI NAK TUKAR KERETA BARU LAH

Posted by VTrade > 2022-01-20 11:58 | Report Abuse

Kaya u dah boleh tukar kereta?

Posted by OngKawKaw > 2022-01-20 12:00 | Report Abuse

TUKAR DREAM CAR MYVI EDISI BAHARU!!! FULL SPECS LEATHER SEAT

Posted by troy88 > 2022-01-20 12:03 | Report Abuse

Well done. Going to challenge ATH again soon..

Posted by VTrade > 2022-01-20 12:03 | Report Abuse

Myv ringan terbang tinggi jauh

Posted by CharlesT > 2022-01-20 12:03 | Report Abuse

C rm1 first

Posted by KingDavid > 2022-01-20 12:03 | Report Abuse

If you need CNY AngPow, this is the time. Don't sell all. Keep whatever you can afford for future need.

Posted by VTrade > 2022-01-20 12:04 | Report Abuse

Any place can update foregin fund on stock?

Posted by KingDavid > 2022-01-20 12:18 | Report Abuse

CharlesT, to sell or to buy?

Posted by nixonteh85 > 2022-01-20 12:20 | Report Abuse

no buy no sell
just watching

Posted by farisfx54 > 2022-01-20 12:22 | Report Abuse

Greetings to you your majesty King David.

Posted by xxxx > 2022-01-20 12:22 | Report Abuse

From now on, 1.00 will be easy.

Posted by CharlesT > 2022-01-20 12:22 | Report Abuse

Posted by KingDavid > Jan 20, 2022 12:18 PM | Report Abuse

CharlesT, to sell or to buy?

What do u think?

+20% YTD (Dnex) vs minus 20% YTD (other tech co)

Posted by CharlesT > 2022-01-20 12:23 | Report Abuse

Under this shitty mkt....

Posted by CharlesT > 2022-01-20 12:24 | Report Abuse

If I were Fund Managers I will cut other PE 30 0r 40 Tech stocks n buy this

Posted by CharlesT > 2022-01-20 12:25 | Report Abuse

So called Msia's mini TSMC....lol

Posted by ltw1123 > 2022-01-20 12:26 | Report Abuse

Force is too strong, wow wow…

Posted by CharlesT > 2022-01-20 12:28 | Report Abuse

Posted by pang72 > Jan 20, 2022 12:25 PM | Report Abuse

Dnex up because of oil...

U sure or not

Posted by KingDavid > 2022-01-20 12:28 | Report Abuse

Hi Datuk Faris, good to see you. Hope you enjoy the uptrend wave.

Posted by CharlesT > 2022-01-20 12:31 | Report Abuse

Then why i see all other oil n gas co red red....early CNY ah

Posted by limontea > 2022-01-20 12:34 | Report Abuse

Thank you DNEX second round sold 0.960

Posted by strattegist > 2022-01-20 12:38 | Report Abuse

limau manis manyak selap wohhhhhhh

Posted by farisfx54 > 2022-01-20 12:39 | Report Abuse

Yes your highness King David I am enjoying the show, you ar alright, thanks for keeping this forum Lifely.

Posted by JohnFarmer458 > 2022-01-20 12:44 | Report Abuse

ooi8888 squeeze too hard, balls pain, bro JF, HAHA
19/01/2022 10:22 AM

Short sellers balls getting smaller and smaller keep getting squeezed

Posted by JohnFarmer458 > 2022-01-20 12:45 | Report Abuse

limontea Sold 0.930
TQ DNEX
20/01/2022 9:30 A

All sold for chicken feet?

Last week someone proud to sell 83c too. All never age so well

Posted by VTrade > 2022-01-20 12:46 | Report Abuse

Above 1 will be turbo enjin

Posted by limontea > 2022-01-20 12:46 | Report Abuse

Sold some keep some.
Need money for CNY
Hehehehe
Cheer~!

Posted by KingDavid > 2022-01-20 12:52 | Report Abuse

Datuk Faris, thanks. Stay safe. Omicron has landed few weeks ago.

Posted by Plantermen > 2022-01-20 12:54 | Report Abuse

private funds are rebalancing their portfolio in the new year. Some are allocating funds into DNex for emerging stock counters. Dnet in sweet spots. Ping petroleum {oil production in UK} ., Silttera { chips foundry manufacturering , undersea cables mainteance {Indonesia} not forgetting their core It segment { MOF contract extension.}

Posted by Shakdududu > 2022-01-20 13:09 | Report Abuse

Yabebaduuuuu manyak siok ini maciammm

Posted by 8899EL8899 > 2022-01-20 13:20 | Report Abuse

natsuko recommended stock,.........not bad,.......boleh naik lagi,.....thank natsuko

Posted by neohlah > 2022-01-20 13:30 | Report Abuse

King David. As at 12.30pm total IDSS volume is 4,524,200 shares out of 109Million shares traded. Cannot verify RSS as RHB Tradesmart computer system do not have the column for RSS

Posted by strattegist > 2022-01-20 13:40 | Report Abuse

njoy makan limau manis wohhhh

Posted by neohlah > 2022-01-20 13:41 | Report Abuse

August 13 2021

Ping to Buy Out Summit from Avalon Oil Field. Targets First Oil for 2023

Malaysian oil company Ping Petroleum, a subsidiary of DNeX, has agreed to buy the remaining 50 percent stake in the Avalon oil field in the UK North Sea, for $17 million.
Ping will buy the 50 percent stake in the oil field from Summit Exploration and Production, a subsidiary of Sumitomo.
The Avalon Oil field was discovered in May 2014 and further appraised in July 2017. It is located in the North Sea, 120km Northeast of Aberdeen in 120 meters water depth.
Summit and PING UK had in April 2017 agreed for Summit to acquire a 50% working interest in the field. After that, the duo in 2018 agreed for PING UK to be the operator for the Avalon Oilfield.
“Since then, PING UK has undertaken an extensive review of available development options and had recently decided on the appropriate development concept,” Ping’s parent firm DNeX said this week.
The Avalon Oilfield is currently in the second term of its license which will expire in June 2022.
The extension of this license by the UK Oil and Gas Authority (OGA) is subject to the following the issuance of a “no objection letter” by the OGA on the concept select report to be submitted by PING UK as the operator of Avalon Oilfield, and the submission of an acceptable field development plan (“FDP”) to the OGA, subsequent to the issuance of the “no objection letter.“
PING plans to engage with the OGA this month over the concept select and is targeting for the submission of the FDP to be done before the end of 2021. As for the acquisition of the 50 percent stake from Summit, PING will first pay $5 million after completion of the transaction, with the remaining $12.0 million to be paid on a contingent basis on completion of key project milestones and via a production-linked payment.
According to DNeX, Summit has been actively sourcing for a buyer for its remaining 50% interest in the development of the Avalon Oilfield "as they reportedly intend to shift away from the fossil fuel business."
"As the joint-owner and operator of the Avalon Oilfield, the proposed acquisition would allow PING UK to avoid any potential conflicting decisions which may arise should [Summit] sell its 50% interest to a third party. In addition, the development of the Avalon Oilfield is expected to result in a significant increase in oil production and reserves for PING UK.
"The development will also provide significant portfolio risk mitigation as PING UK’s revenues would be realized from two independent installations namely from the Anasuria cluster and the Avalon Oilfield after the first production from the Avalon pil field. Further, the Avalon oil field is a proven discovery with significant upside in a politically stable region," DNeX said.
Following submission of the FDP, PING plans to begin work on the Front End Engineering and Design (“FEED”) for the selected development concept whole sourcing for long-lead items and materials for drilling and development activity.
Following approval of the FDP which Ping expects by Q2 2022, the company plans to start drilling of development wells on Avalon in Q3 2022 while installation and hook-up of the production facility is planned one year later in Q2 2023.
"Based on the current estimates, Avalon oil field is expected to begin producing oil by July 2023," the company said, without sharing details on the development concept.
Back in early 2020, UK-focused oil firm Jersey Oil & Gas said it would lead a study aimed at forming a hub to potentially collaboratively develop oil discoveries made by several operators in the Greater Buchan Area in the UK North Sea.
The company said the discoveries included Buchan, J2 and Glenn - operated by Jersey Oil & Gas (100%); Verbier - operated by Equinor UK Limited (70%) (a stake soon to be re-acquired by JOG) alongside its partners Jersey Petroleum Limited (18%) and CIECO Exploration and Production Limited (12%); Avalon - operated by Ping Petroleum UK Limited (50%) alongside its partner Summit Exploration and Production Limited (50%); and Leverett - operated by Zennor Resources (N.I.) Limited (100%).

Posted by strattegist > 2022-01-20 13:41 | Report Abuse

limau manis manyak ong wohhhh

Posted by s3phiroth > 2022-01-20 13:42 | Report Abuse

institutional fund started buying since 2 weeks ago.

Posted by OngKawKaw > 2022-01-20 13:44 | Report Abuse

FUYOH. BANYAK CERITA LAH

Posted by iPlay > 2022-01-20 14:01 | Report Abuse

@Strategist
Wa suda ciakap, zaman ayam kfc kita susah cali makan…. Zaman LIMAU memang manis , senang sikit cali makan….. HUAT ah DNex !!!

Posted by strattegist > 2022-01-20 14:11 | Report Abuse

@iPlay...yah yah... manyak lapat limau manis wohhhh

Manyak round... manyak selap... manyak ong

Posted by nicholas99 > 2022-01-20 14:36 | Report Abuse

gogo RM1.35

Posted by jimnizar > 2022-01-20 14:38 | Report Abuse

Too many contra player, so they need to dispose before 4pm

Posted by mamatede > 2022-01-20 15:00 | Report Abuse

thank you Dnex !!! what a very very big angpao

Posted by iPlay > 2022-01-20 15:03 | Report Abuse

Bigger angpow is yet to come!

Posted by jenson68 > 2022-01-20 15:06 | Report Abuse

Wow …. break so many resistance !!

Posted by KingDavid > 2022-01-20 15:07 | Report Abuse

nicholas99, I am happy with RM0.98 closing today. RM1.35 is my dream's target unless there is any extraordinary announcement.

Posted by mamatede > 2022-01-20 15:16 | Report Abuse

A classical example of a cup and handle pattern.

Posted by JohnFarmer458 > 2022-01-20 15:26 | Report Abuse

iPlay Bigger angpow is yet to come!
20/01/2022 3:03 PM

Indeed… with cup and handle pattern formed sky is the limit.. RM2 soon