" nextan Just wonder why CENSOF disposed off DNEX shares in their holdings? 10/02/2022 7:59 PM" =================================== Perhaps, too many rentseeking, middle man apps and businesses??
Censof disposed off 5million shares DNex shares at 1.00 per share for a sum of 5 million on 9 Feb 22 for a profit of 1.2 million. The block deals was transacted in the open market. Certain parties are buying DNex shares. Previously Foxconn acquired 5.03% {120 mil. DNEX shares @ $108 million} on 11 June 2021. Any possibility of Foxconn upping their stalk?
Hon Hai precision group trading as Foxconn technology group. Listed on Taipei stock exchange { a leading Taiwanese electronic technology group established in 1974 by Terry Gou { a Taiwanese billionaire} listed on Forbes. Foxconn is the manufacturer of the popular I-phone. Total assets under Foxconn is app NT 3.5 trillion and revenue app NT 5.5 trillion. Net income NT 135 billion
natsuko,.....censof sold their last holding at rm1 per share,.....censof & arcadia are good buddy,.....if censof sell,....do you think arcadia will hold for long?......i think rm1.2 will be the peak
" Every action there is an equal reaction ! " Newton 3rd Law
If you are in-mature, you will get an in-mature reaction.
if you say Foxconn = Fox Con, then you will get Dicky=dick
If you want DNex to drop to 20c, be careful ! the re-actions=curse from all who are heavily invested here. the curse could be you drop 20ft into the longkang... but I am not that in-mature to curse that !
If you keep calling others bodoooh, the curse could be 100X bodoh on you !
But "if you do good, you will get 100X better !!!" "Newton 100th Law" wakakakaka
@8899EL8899 natsuko,.....if arcadia sold their share to another big guy and than it is good sign to buy,......what happen if arcadia...... `BERAK`.....dump their 10% shares in open market,......you will be shocked. __________ If u still so scare to invest a bright future company then u better put fd n continue your boring life,people only care about qr net profits n company plans !
8899EL8899, I understand your concern because it happened before when the biggest shareholder, Censof ( at the that time) was forced sold ( Margin call) their shares in DNeX and it went all the way down to RM0.07. But we can only minimise our risk in share market.
RHB Retail Research said Dagang Nexchange Bhd is set to enter uncharted territory as it moved past the immediate resistance of RM1.04 – printing a “White Marubozu” candlestick, on strong volume.
In a trading stocks note today, the research housed said if the stock stays above that level, the bulls may continue to print another new high of RM1.10, followed by RM1.20.
“However, the momentum may lose steam if it falls below the RM1.00 psychological support – below the previous breakout level,” it said.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
DickyMe
14,975 posts
Posted by DickyMe > 2022-02-10 20:15 | Report Abuse
"
nextan Just wonder why CENSOF disposed off DNEX shares in their holdings?
10/02/2022 7:59 PM"
===================================
Perhaps, too many rentseeking, middle man apps and businesses??