Posted by OngKawKaw > 2022-02-25 16:31 | Report Abuse

KYY?? WHY???

Posted by oskchoon > 2022-02-25 16:32 | Report Abuse

Be patience , when these two Investment Bank clients making,good profit at 1.64 ,then they will definitely downgrade Dnex by saying Dnex only making 1.4 sen a quater and they will bring down TP at less than RM0.80 to 0.95 so that ppl will sell for a big loss ,pls trade cautiously...

Posted by OngKawKaw > 2022-02-25 16:34 | Report Abuse

THIS ONE LAGI PRO

Posted by NatsukoMishima > 2022-02-25 16:35 | Report Abuse

They will continue upgrade .....

Posted by Lousycounter > 2022-02-25 16:37 | Report Abuse

Upgrade to rm50.. Huat arrrr

Posted by OngKawKaw > 2022-02-25 16:49 | Report Abuse

YEAH HUAT ARRR…TO RM50??? HOW THIS KONGKAM GET THIS TP???

Posted by Blueoceanwhat > 2022-02-25 16:50 | Report Abuse

https://klse.i3investor.com/m/blog/hleresearch/2022-02-25-story-h1599292133-Dagang_Nexchange_Superb_Showing_With_More_to_Come.jsp

Posted by johnmasino > 2022-02-25 16:58 | Report Abuse

WOW, core Net Profit was RM62.5 million. Fantastic

DNeX’s 2QFY22 core PATAMI of RM62.5m (+107% QoQ) and 1HFY22 core PATAMI of RM92.7m came in above expectations at 60% of our full-year forecasts and 58% of consensus. We strongly believe DNeX should register uninterrupted back-to-back quarterly earnings growth over the next 6-9 months on the back of: (i) Silterra’s surging product ASPs, (ii) increasing wafer shipments; and (iii) soaring crude oil prices. We highlight that DNeX would be a major direct beneficiary of higher oil prices amidst the Ukriane-Russia conflict via its oil-producing assets in 90%-owned Ping Petroleum. Maintain BUY with a higher SOP-based TP of RM1.64 (from RM1.35).

Above expectations. DNeX’s 2QFY22 core PATAMI of RM62.5m (+107% QoQ) and 1HFY22 core PATAMI of RM92.7m (having adjusted for RM264.5m gain from the acquisition of Silterra, RM11.4m impairment loss on receivables and RM8.4m on forex losses) came in above expectations at 60% of our full-year forecasts and 58% of consensus. Key variance against our forecasts was attributed to higher than expected realised crude oil price and net ASP per wafer throughout 2QFY22.

Posted by kfliau > 2022-02-25 17:06 | Report Abuse

@NatsukoMishima It is not proper to compare just share price and net profit. Should base on EPS and P.E.

Posted by oskchoon > 2022-02-25 17:19 | Report Abuse

Dnex up 1 sen , it is not enough to pay commission yet two prominent Investment Banks raise TP to 1.60 and 1.64 yet QR profit only 1.4 sen , they have to be realistics in TP , not jumping at very high price..

Posted by strattegist > 2022-02-25 17:26 | Report Abuse

Next week pulak... tunggu je

Posted by strattegist > 2022-02-25 17:26 | Report Abuse

Have a nice weekend...

Posted by oskchoon > 2022-02-25 17:31 | Report Abuse

Dnex share price MA20 at 1.09 , buy on dip below 1.09 and sell when it reaches TP price at 1.64...

Posted by Trevor777 > 2022-02-25 17:41 | Report Abuse

Osaka Sec predicts will drop below 1.10, Mr Choon????

TP are nonsense without TP Time-frame.

Posted by Trevor777 > 2022-02-25 17:49 | Report Abuse

Open your eyes wider and see the EPS for Dnex at this moment in time.

Posted by Trevor777 > 2022-02-25 17:50 | Report Abuse

Japanese bimbo still calling $2.00 soon.....as in not to far away or ASAP...Soon!.....sounds like a soft moan to me.

Posted by joyvest > 2022-02-25 18:25 | Report Abuse

Kyy says enough is enough ... stop fantasising it would escalate if not stagnant

Posted by Plantermen > 2022-02-25 18:28 | Report Abuse

Latest Singapore petroleum prices { after Russia & Ukraine attacks}
S$2. 42 per litre {Diesel} S$2.85 per litre{ Ron 95}, S$3.34 { Ron 98} and
S$3.51 { premium}. 1SDollar =3.10 MYR

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

KYY bought at 0.75 and took profit at 1.17 , I am sure he will buy on dip below MA 20 at 1.09 and sell on two Investment banjs TP at 1.60 or 1.64...

Posted by Trevor777 > 2022-02-25 19:11 | Report Abuse

How do you know he bought at 75c????? Did he tell you on that particular day, at least? Or just told you when he's selling at 1.17?

Do you believe I've just booked a ticket on SpaceX?????

Posted by King_Musang > 2022-02-25 19:16 | Report Abuse

Dnex should be quite stable at this level 1.05-1.15, consolidating before next move. Bear in mind the QR result is done and over, looing for next QR indication? they already said improved order, and higher ASP pricing, so that is good indication. Two more long term purchase to be signed soon in next 2-4 week, and then next big deal, which is bigger than Silterra should be 2-4 months time. Huat Ahh...

Posted by Hafez009 > 2022-02-25 19:17 | Report Abuse

Why dividen only 0.6cent..Why not 60cent

Posted by OngKawKaw > 2022-02-25 19:23 | Report Abuse

WHY???

Posted by DatoChiakaLiau > 2022-02-25 19:26 | Report Abuse

Ok later I ask the BOD why ya..

Posted by TwoLegsBeing > 2022-02-25 19:33 | Report Abuse

Today Dnex closing price is RM 1.15 with Earning Per Share(EPS) of 1.40 and Price Earning Ratio(PE) of 82.73

Posted by jk20598 > 2022-02-25 19:44 | Report Abuse

PE82.73?You your head got burnt,high fever,sick n need medication!

Posted by johnmasino > 2022-02-25 19:49 | Report Abuse

Quarterly earnings should increase a lot in the coming months as Dnex gets more lucrative LTAs especially the ones for the EV industry. Core net profit for this quarter alone is RM62.5 million according to HLG.

With DNeX’s core PATAMI expected to grow to RM155.2m, RM197.8m and RM271.5m in the next few quarters, Dnex should be able to reach RM4 to 6 hopefully by the end of this year.

Posted by ket4212 > 2022-02-25 19:58 | Report Abuse

many skl

Posted by johnmasino > 2022-02-25 20:02 | Report Abuse

Current PE assuming the quarterly profit is the same (which is impossible) is only 20X Price-to-earnings ratio = 1.15/(0.014 X 4)

This means that Dnex is grossly undervalued when compared to other semi conductor stocks like Greatech (PE 38), Genetec (PE 43.75)

Assuming an average PE of 40X, Dnex should be valued at RM 2.13.

Posted by blackchicken > 2022-02-25 20:03 | Report Abuse

https://www.theedgemarkets.com/article/hlib-sees-trading-opportunities-og-plantation-stocks-amid-ukrainerussia-conflict

Posted by Lucifer999 > 2022-02-25 20:06 | Report Abuse

skl is everywhere lol

Posted by johnmasino > 2022-02-25 20:09 | Report Abuse

But Dnex's core profit will grow by leaps and bounds in the coming quarters for years.

GS-CIMB projects DNeX to post a 3-year core EPS grow rate of 453% (FY21-24F).

With EV demand increasing exponentially, Dnex has a very bright future.

Posted by johnmasino > 2022-02-25 20:09 | Report Abuse

CGS-CIMB projects DNeX to post a 3-year core EPS CAGR of 453% (FY21-24F) driven by 1) higher wafers ASP, 2) higher wafers production volume on the back of new capacity expansion, 3) higher average crude oil prices for Ping Petroleum Limited (Ping), and 4) higher production volume at Ping on the back of its new capex programme.

“DNeX also enjoys a lower effective tax rate given that SilTerra has over RM12 billion as of Jul-21 in unrecognised deferred tax assets that could be offset against its future profits.

Posted by freddiehero > 2022-02-25 20:13 | Report Abuse

Wat.. so good

Posted by Lousycounter > 2022-02-25 20:18 | Report Abuse

Next week limit up

Posted by joyvest > 2022-02-25 20:32 | Report Abuse

Why keep saying LU? Without solid expansion ,no solid growth even though demand for chip and wafer is huge...

Posted by Gaussian > 2022-02-25 20:51 | Report Abuse

Shorties are dare devils. They will still short next week. Lol

Posted by atilanohun > 2022-02-25 21:11 | Report Abuse

KYY in his latest post : Dnex plunged, pointed out that dnex last qr eps was 8 sen whereas only 1.4 sen in latest qr. Obviously that is the reason for dnex "plunge like a coconut, according to him.

He at, at 87 , must has turned senile and seems never follow the development of dnex and yet posted comments exposing his utter ignorance of the subject.

If u r a dnexian for sometime, u must be aware that during july 21 to roughly
Sept ie. last qr, dnex issued shares increased by about 800 millions bringing the nosh from > 2 billion to nearly 3 billion , thus diluting the eps in the latest qr.

If dnex's plight was so poor as KYY mentioned, the analyst of HLB should be sacked immediately by Quek the boss for the silly act of raising the TP from 1.35 to 1.65 !

Posted by NatsukoMishima > 2022-02-25 21:50 | Report Abuse

Latest QR Net profit: share price:

Genetec 19m - 2.39
Inari 108m - 3.17
Kobay 15m - 3.87
MI 12m - 2.07
Penta 30m - 3.50
Vitrox 46m - 7.87
Dnex 44m - 1.16
Fronktn 29m - 3.07
MPI 85m - 36
Greatech 27m - 4.35


Do u think which one will foreign funds n local funds sapu ??

Do u think which one is super under value ??

Posted by Gaussian > 2022-02-25 22:24 | Report Abuse

KYY wants to IDSS next week. Lol

Posted by JohnFarmer458 > 2022-02-25 22:56 | Report Abuse

KYY can come and idss, my bullets are ready

Posted by Mabel > 2022-02-25 23:09 | Report Abuse

atilanohun KYY in his latest post : Dnex plunged, pointed out that dnex last qr eps was 8 sen whereas only 1.4 sen in latest qr. Obviously that is the reason for dnex "plunge like a coconut, according to him.

He at, at 87 , must has turned senile and seems never follow the development of dnex and yet posted comments exposing his utter ignorance of the subject.

If u r a dnexian for sometime, u must be aware that during july 21 to roughly
Sept ie. last qr, dnex issued shares increased by about 800 millions bringing the nosh from > 2 billion to nearly 3 billion , thus diluting the eps in the latest qr.

If dnex's plight was so poor as KYY mentioned, the analyst of HLB should be sacked immediately by Quek the boss for the silly act of raising the TP from 1.35 to 1.65 !
25/02/2022 9:11 PM

That's what he said to TG and Dayang...

He missed an excellent opportunity in TG when TG rocketed to its peak..

Meow

Posted by Mabel > 2022-02-25 23:13 | Report Abuse

Confucius 孔子said :

Two things in life that are difficult to achieve:-
1. To plant your idea in someone's head.
2. To plant someone's money in your own pocket.

~ Those who succeed in planting their idea in someone's head - we call Lao Shi(老师)(teacher)
~ Those who succeed planting someone's money in their own pocket - we call Lao Ban (老板）(boss)
~ The one who succeeds in both - we call Lao Meow (Investor and trader)

Those who don’t understand this message - we call Lao Lang (老人)(Old Person)

To Our Success !

Meow

Posted by Mabel > 2022-02-25 23:23 | Report Abuse

#Goldberg DNEX 2QFY22 ZOOM Briefing key take away

Key takeaway

- Core businesses: DagangNet, SealNet (Cloud based single platform similar to DNT but on the private sector B2B), DNex solutions, GenaXis, DNex Telco (subsea Telco), OGPC (Equipment, serving upstream and downstream) and Ping (E&P), Silterra (completed 60% stake acquisition)
- Enlarged group expected to have combined revenue >RM1b

Silterra

- Operational improvement: 97,146 wafer fab out in 2QFY22 – 2nd highest. 37,461 wafers fab out in Dec21 – highest monthly wafer out. Fab yield performance at 98.95% - highest ever
- Capex investment – approved USD153m (RM640m) which will expand annual capacity to 10m mask layers. More capacity to be allocated for Silicon Photonics, MEMS. Emerging technology per mask layer ASP would be USD80-100 vs current’s at USD20-25.
- Emerging technology BRCM & Gorilla products started risk run, anticipate to complete qualification by 2H22. Core tech improvements on target, highest yield of 99% for C18F process for ChipOne. Increase of BCD shipment from 15% in 1QFY22 to 25% in 2QFy22.
- Secured two LT wafer supply agreements with Chipone USD 400m and Illitek USD173m. Anticipate to complete 2 more in 2HFY22 to fulfil LTA UR to 80%.
- Growth revenue from ChipOne, 1Q 15%, 2Q 22% and Illitek 1Q 7%, 2Q 11%. Average net ASP from 1Q USD20.8 to USD23.6 in 2Q.
- New management – Dr Albert Pang as Officer In Charge.
- In 2021, the market attrition was at 13%, Silterra overall cumulative attrition was at 10.6% - announced multiple benefits improvements to employees.
- Quality: 996 wafers scraped; first time achieved total wafer scrap <1000 wafers per quarter.
- Net wafers USD527 in 2Q, 1Q-488, 4Q-434. Masks layer – 23.6 vs 18 in 4Q
- Current capacity 8.5m mask layers per year, after approved capex of USD68m till Nov21 – 8.8m mast layer and with approved capex of USD85 in Jan22, it will be 10m mask layers – to start production in 2023.
- Benefits enhancement to attract talents.
- 2 more LTA customer is in progress of negotiation.
- Plant expansion and product mix optimisation with completion of LTA.
- Focused expansion on new technologies – SiPh + MEMS
- Gearing of Silterra in 12M21 at 0.3x vs 1.04x in 7M21
- In summary: Excellent operational improvements achieved – higher production, yield and lower cost. Future plant expansion – higher capacity and SiPh and MEMS which command higher ASP. Product mix optimisation, 2 additional LTA to bring UR to 80%. Financial performance to strengthen both BS and IS. Continue to explore and improve benefits to employees to be comparable to market.

Anasuria

- Brent has reached >USD100/bbl – strategy is to accelerate production to take advantage of current high prices. Taken some hedging position.
- Net volume hope to secure Kbopd to about 10k (to be driven by Avalon, to deliver first oil in Jul24), now is at 2k. Partnering with Hibiscus with Anasuria.
- Anasuria: Profit enhancement strategies via increase in production rate/additional reserves, optimise OPEX, better tax management and extend Cessation of production to add reserves. Capacity enhancement work programs – infill drilling and facility debottlenecking
- Avalon – to deliver first oil in Jul24. FDI and FDP approval expected at FY22.
- Others – acquisition of brownfield assets, embarking in developing a Net Zero framework to achieve ESG, low cost operator.

IT
- National single window (deployment of new services NPCO, cross border trade exchange eCert, Air Manifest for aviation, and potentially Air Cargo System). International front: Increasing pipeline – new initiative with PAA and ASEC, ADB World bank and USAID.
- Trade Facilitation – B2B: Optimising overhead and BPO – Seal Net products – Petronas, Dell & Intel.
- System integration & consultancy – securing funnels with a TCV of RM15-20m


2Q results
- Revenue of RM353m all time high, EBITDA RM130m – Tech – stronger performance on higher ASP, wafer shipment.
25/02/2022 1:08 PM

Excellent sharing as always from Goldberg and many of you ...

Meow

Posted by Mabel > 2022-02-25 23:25 | Report Abuse

Some people love TA so much let's talk about TA...

Here are another two data for your reference:

If you look at the chart, the Support and Resistance are :

Support : 0.905
Resistance: 1.19

If you look Gann Support

Gann Support: 1.11/1.06 | Resistance: 1.16/1.21...

and you will get different TP...What does this tell you?

If you look at all the Stock market research house, all of them uses TA to justify their entry price and selling price. All have them have the same historical share price which is the foundation for their charts. My question is, if all of them are having the same data, how come all of them come out with different price for buy and sell call? Why is there a difference?

The reason for the difference in buy/sell call price from different research house, they are different is because everyone using TA are just doing guessing work, aka gamble. Today this research house is right, tomorrow another research house is right... so who's TA formula is more accurate? Inconsistency in accuracy means they are nothing more than guessing work.

That is why some the long-term Investors say TA is rubbish.

Hence, don’t waste your time on TA, spend your time to learn about the company business, go and dig out real data from inside the company like what Goldberg and some of you did. Then you will see clearly what you are buying, when to enter and when not to enter. You will get exactly what you know about the company...

Summing up..

Investors and traders have different time horizons and expectations. They also follow different metrics. Investor take a long-term approach to the markets. That's why they can sleep like a baby

Traders involves short-term strategies to maximize returns daily, monthly, or quarterly. That's why they are very uptight, very aggressive and always cry like a baby.

Investors are more likely to ride out short-term losses, while traders will attempt to make transactions that can help them profit quickly from fluctuating markets.

There's no right or wrong approach. It all depends on how deep is your pocket. However, the best players are the one who can master both by riding the wave...

To Our Success !

Meow

Posted by JohnFarmer458 > 2022-02-25 23:29 | Report Abuse

Dnex will be in rm2 its just matter of time

Posted by Moneymore > 2022-02-25 23:30 | Report Abuse

Previous QR high EPS due to one time gain from recognised asset Silterra value, it is not operating profit, I think KYY try to manipulate those people who don’t understand financial statement to sell so he can collect. LOL

Posted by kc02245 > 2022-02-26 05:43 | Report Abuse

Dow adds more than 800 points, or 2.5%, in best day of 2022
Stocks rally in back-to-back day of gains

Dow 30
34,058.75
+834.92 (+2.51%)

Nasdaq
13,694.62
+221.04 (+1.64%)

Crude Oil
91.92
-0.89 (-0.96%)

Posted by Plantermen > 2022-02-26 05:49 | Report Abuse

do your own research and set your own target price. Cheers

Posted by Gaussian > 2022-02-26 08:05 | Report Abuse

Everyone is ready to collect IDSS tickets next week. Lol