Posted by Gaussian > 2022-02-24 22:16 | Report Abuse

OPEC+ Sees No Need to Pump Faster as Oil Heads Toward $100

Posted by Gaussian > 2022-02-24 22:16 | Report Abuse

https://finance.yahoo.com/news/iraq-says-opec-doesn-t-060758063.html

Posted by monetary > 2022-02-24 22:19 | Report Abuse

Every1 trying hard to curb inflation. No trade sanction.

Posted by King_Musang > 2022-02-24 22:21 | Report Abuse

Dnex earning EPS = 0.06, with PE=30 like Inari and Vitrox, TP should be RM1.80, now still cheap lah. any pull back is good time to add, until Foxcon news is revealed. then it should stay above 2. Hibiscus PAT easily RM400m/year, and EPS=0.20, PE10 = RM2. Technology higher PE 30-40, and Oil stock now PE10. There you have it, both with TP2. Which one will you chose now? Huat ahhh

Posted by sinchan > 2022-02-24 22:27 | Report Abuse

Tomorrow gap up

Posted by mf > 2022-02-24 22:28 | Report Abuse

US 30 32,306.9 -824.9 -2.49%
US 500 4,117.6 -107.9 -2.55%

Posted by joyvest > 2022-02-24 22:35 | Report Abuse

Later US market is open,you will see the Brent oil price on the way up and up beyond your imagination.........130 - 150...

Posted by NatsukoMishima > 2022-02-24 22:38 | Report Abuse

Latest QR Net profit:

Genetec 19m
Inari 108m
Kobay 15m
MI 12m
Penta 30m
Vitrox 46m
Dnex 43m

Posted by Atamis > 2022-02-24 22:47 | Report Abuse

Result is good. Revenue increase. The only reason low eps bcoz the profit decrease which is understandable since they are in expansion + buying silterra.

Posted by Superhotdog > 2022-02-24 22:49 | Report Abuse

Natsuko. Tomorrow will green?

Posted by mh87 > 2022-02-24 22:51 | Report Abuse

Russia invasion is already expected by market. Most market just waiting the D-Day.

Today is that D-Day.

But the current war fear is not like the initial fear of Covid19 in 2020.

I think in Mar 2020 global Market reaction is more crazy. All sectors in super red.

Posted by joyvest > 2022-02-24 22:52 | Report Abuse

US market was opened 15min ago,Brent oil price has gone up by 6% ....more is expected at the end of the closing day..

Posted by zeroknowledge420 > 2022-02-24 22:53 | Report Abuse

are you trying to imply 60 cents dividend? cuz that's not happening here. it's 0.6 cent or 0.006.


Posted by JohnFarmer458 > Feb 24, 2022 9:58 PM | Report Abuse

0.60c dividend per share. Big funds coming in. Next quarter bigger earning and bigger dividend

Posted by mh87 > 2022-02-24 22:53 | Report Abuse

During this time crisis, Energy and Plantation super green.

Posted by mh87 > 2022-02-24 22:58 | Report Abuse

Because this time I feel more calm in the market as compared to the pre Covid19 crisis.

Posted by leestar > 2022-02-24 23:08 | Report Abuse

43.834 M

Posted by izoklse > 2022-02-24 23:12 | Report Abuse

waiting for any oil and gas facility in Ukraine or Russia being destroyed or stop operation which will cause major energy problem in Europe and will cause price spike even more.

Posted by chl1989 > 2022-02-24 23:22 | Report Abuse

add tomorrow sedap

Posted by Lifeunlimited > 2022-02-24 23:42 | Report Abuse

KUALA LUMPUR: Dagang Nexchange Bhd (DNeX) recorded a net profit of RM43.83 million in the second quarter (Q2) ended December 31, 2021, on the back of a revenue of RM353.31 million.
There were no comparative figures for the quarter as the company changed its financial year-end to June 30 from December 30.
For the six months, DNeX registered a net profit of RM337.39 million against RM624.18 million in revenue.
On a quarter-on-quarter (QoQ) basis, DNeX reported an operating profit of RM75.94 million with an increase of RM42.63 million compared to the immediate preceding quarter of RM33.31 million.
"The contribution mainly derived from the technology segment due to higher wafer shipments and operating expenditure (opex) optimisation resulted in higher profit in the current quarter.
"The IT segments contribute operating profits in line with revenue for the current quarter while the energy segments provide slightly lower operating profits mainly due to lower uplifting in the current quarter," it said.
Moving forward, DNeX is optimistic that semiconductor wafer foundry, SilTerra Malaysia Sdn Bhd, will deliver continuous growth as further investments are made to improve production capacity and efficiency yields.
Capital expenditure (capex) investment totalling RM645 million has been earmarked to increase the annual production capacity of SilTerra by 20 per cent to 10 million mask layers annually, which will be ready by early 2023.
"The expansion in production capacity will translate to a better economy of scale, with further improvement in manufacturing cost.
"Furthermore, SilTerra will have available capacity to expand its technical offerings in new emerging technologies such as microelectromechanical systems (MEMS) and silicon photonics devices which have much higher average selling prices.
"This will allow SilTerra additional capacity on additional business opportunities arising from the robust demand for semiconductor chips due to rising technologies in Industry 4.0, artificial intelligence and Internet of Things," it said.
Meanwhile, DNeX said oil and gas (O&G) upstream producer Ping Petroleum Ltd would directly benefit due to higher average selling prices, increasing profitability.
"It is an opportune time for Ping to monetise the attractive reserves in the Anasuria Cluster and execute the development of our greenfield asset, such as Avalon Oil Development," it said.
DNeX said the industry outlook for the group's core businesses, especially in semiconductors and O&G, are expected to remain favourable in the near term.
"Coupled with efforts to strengthen its business fundamentals, the group is optimistic to deliver a favourable financial performance in the financial year ending June 30, 2022," it added.

Posted by Max2838 > 2022-02-24 23:46 | Report Abuse

Dnex 2Q results - why is PBT for Anasuria only RM 12M (40% shr) when Hibiscus gets RM28M (50% shr)? Volume is shared and oil price is up $10/bbl.

Posted by sinchan > 2022-02-24 23:48 | Report Abuse

Wow very good news and catalyst for DNEX... Hope it gap up tomorrow yeahhh....

Posted by Lifeunlimited > 2022-02-24 23:54 | Report Abuse

https://www.businesstoday.in/latest/economy/story/russia-ukraine-war-to-cripple-semiconductor-industry-globally-323760-2022-02-24

Posted by Moneymore > 2022-02-25 00:08 | Report Abuse

Tomorrow up or down with this QR?

Posted by Fengshuilou > 2022-02-25 00:17 | Report Abuse

Limit up

Posted by sinchan > 2022-02-25 00:26 | Report Abuse

Nasdaq start to going green as for now, oil keep getting higher... DNEX should gap up tomorrow i think...

Posted by stockbreaker87 > 2022-02-25 00:30 | Report Abuse

only god knows...others just blow water only ...

Posted by richardlam > 2022-02-25 00:53 | Report Abuse

more contract from taiwan

Posted by xueling > 2022-02-25 01:19 | Report Abuse

buy gold and oil n gas

Posted by Mabel > 2022-02-25 01:38 | Report Abuse

... and also plantation..

Meow Meow Meow

Posted by juna0201 > 2022-02-25 05:07 | Report Abuse

https://www.klsescreener.com/v2/announcements/view/3507171

Interim dividen.

Posted by Plantermen > 2022-02-25 06:19 | Report Abuse

Entitlement & payment date of the proposed dividend to be announced at a later date

Posted by Winer21 > 2022-02-25 06:45 | Report Abuse

Very soon bellow 90 cents just wait

Posted by atilanohun > 2022-02-25 06:54 | Report Abuse

Dj esp Nas strong rebounce. Oil up , gold up , plantation ,tech , everything up, so buy up all the counters of Bursa lah . Hey, please be a bit responsible in your post, not just BS !!!

Posted by Gaussian > 2022-02-25 07:11 | Report Abuse

Expect the unexpected

Posted by ket4212 > 2022-02-25 07:13 | Report Abuse

down

Posted by Gaussian > 2022-02-25 07:33 | Report Abuse

Buy all the way down. Lol

Posted by Gaussian > 2022-02-25 07:34 | Report Abuse

Shorties and IDSS ready?

Posted by chok sharon > 2022-02-25 07:50 | Report Abuse

dividend 0.6, if i have 1 lot, i will get rm60, right?

Posted by Jimstock > 2022-02-25 07:53 | Report Abuse

rm6

Posted by cikminah7777 > 2022-02-25 08:22 | Report Abuse

Rm0.06ct per lot X 100 lots, baru rm600..00.
Terima kasih DNEX.

Posted by Gaussian > 2022-02-25 08:36 | Report Abuse

LU. Lol

Posted by chok sharon > 2022-02-25 08:39 | Report Abuse

1 lot= 100 shares, right?

Posted by kc02245 > 2022-02-25 08:42 | Report Abuse

Math 101
Dividend set at 0.6 sen per share
1 lot = 100 shares
100 X 0.6 sen = 60 sen dividend per lot

Posted by Gaussian > 2022-02-25 08:45 | Report Abuse

Oil will be above usd 100 for at least 6 months

Posted by Risk Trader > 2022-02-25 08:46 | Report Abuse

Early morning market will be crash then will rebound later

Posted by OrlandoOilSemiconIoT > 2022-02-25 08:49 | Report Abuse

28 02 14

53 03 18



20 12 250 with striking range even before increasing capacity and cost trimming

Posted by OrlandoOilSemiconIoT > 2022-02-25 08:50 | Report Abuse

SilTerra

Posted by OrlandoOilSemiconIoT > 2022-02-25 08:52 | Report Abuse

SilTerra delivered

Posted by nicholas99 > 2022-02-25 08:54 | Report Abuse

delivered yes.. but outperforming= hardly. and their IT business losing money.. and oil revenue not as big as shark made it out to be.. so.. careful..

Posted by OrlandoOilSemiconIoT > 2022-02-25 08:58 | Report Abuse

Oil

What was not uptake

Will be update this quarter when oil prices high