DAGANG NEXCHANGE BERHAD

KLSE (MYR): DNEX (4456)

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Last Price

0.445

Today's Change

-0.005 (1.11%)

Day's Change

0.445 - 0.45

Trading Volume

9,414,100


58 people like this.

101,910 comment(s). Last comment by stncws 2 hours ago

carimakan

2,492 posts

Posted by carimakan > 2022-03-17 16:56 | Report Abuse

kuat mainkan perasaan org la si dnex ni..adoii

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-17 16:57 | Report Abuse

esok jumaat, lebih ramai TAKUT

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2022-03-17 17:18 | Report Abuse

ESOK JUMAAT YOU TAKUT? TAK ADA BELI TAKUT APA LEH!!!

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-17 17:21 | Report Abuse

esok jatuh saya mau beli....

HowDareYou

1,278 posts

Posted by HowDareYou > 2022-03-17 17:23 | Report Abuse

all kena con, shorties actually got many bullets, they return idss with their own tickets, tomorrow they continue sell down till below 0.9

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-17 17:25 | Report Abuse

anyone tried idss? never tried that before worth learning or dont bother?

Chang206

1,199 posts

Posted by Chang206 > 2022-03-17 17:26 | Report Abuse

3 call warrant expiring this month, on 18th, 22nd and 28th Mar. 3 IBs pressing down, how to go up?

blackchicken

1,220 posts

Posted by blackchicken > 2022-03-17 17:49 | Report Abuse

OIL & GAS - EIA expects crude oil prices higher than US$100 per barrel in coming months - http://www.theedgemarkets.com/article/eia-expects-crude-oil-prices-higher-us100-barrel-coming-months

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2022-03-17 18:57 | Report Abuse

WA CHANG MALI CHANG PUN ADA!! MACAM MACAM COMMENTS ADA…

PutinKL

7 posts

Posted by PutinKL > 2022-03-17 22:24 | Report Abuse

i want buy more DNEX, and to be its major shareholders in next 3 months. Start buying tomorrow. Target purchase price below 90 cents.

Moneymore

532 posts

Posted by Moneymore > 2022-03-17 23:17 | Report Abuse

Foscon news comimg

henry888

2,247 posts

Posted by henry888 > 2022-03-18 07:12 | Report Abuse

PutinKL is a shortist. why ??? apparently you cannot buy below 0.900 today, so you short sell and buy below 0.900.

Bullcoming

848 posts

Posted by Bullcoming > 2022-03-18 07:22 | Report Abuse

Moneymore: what kind of announcement fr Foxconn? Buy additional 5% shares? Or go ahead the expansion plan in Kulim?

Taii87

17 posts

Posted by Taii87 > 2022-03-18 08:39 | Report Abuse

短短几天大跌反弹到今天这种鬼样,这支股已经玩坏了。要不是持股成本够低,早已被气得吐血身亡。明明是一支半导体科技股,却用油气股的方法来炒它。这一轮科技股谷底翻身,很明显基金最爱的还是龙头inari,要抄底还轮不到dnex,为什么?因为多数基金不会喜欢这种四不像,等你卖掉油气这个拖油瓶,才来把自己定位成纯科技股吧,如果没有办法获得大多数基金青睐,便只能沦为炒股,至少目前看来是这样。 长期价值投资者只能继续跟他再耗下去,只要美国纳斯达克这次造底成功的话我们肯定有胜算。情绪抒发,大家见谅。

mamatede

3,950 posts

Posted by mamatede > 2022-03-18 09:30 | Report Abuse

Dnex might be replacing serba to venture into the machinery overhaul business in oil and gas industries.

KingDavid

2,606 posts

Posted by KingDavid > 2022-03-18 10:45 | Report Abuse

It is under OGPC and I can't see big contribution from it. If there is money to be made, why not? OGPC has not been contributing much to DNeX. To me, OGPC has been a bad investment.

Bullcoming

848 posts

Posted by Bullcoming > 2022-03-18 14:03 | Report Abuse

If what Moneymore said Foxconn announcement on Dnex is true, then Dnex will heading to next level

papaya

3,086 posts

Posted by papaya > 2022-03-18 14:41 | Report Abuse

all sifus already tired giving comments about dnex......kikikikikikih

neWbie606

121 posts

Posted by neWbie606 > 2022-03-18 14:48 | Report Abuse

Wonder what the lower than usual volume indicates ...

scjm

2,556 posts

Posted by scjm > 2022-03-18 16:22 | Report Abuse

have no fear, next week price would breakout of 1.05 to retest 1.09

BigPunter

115 posts

Posted by BigPunter > 2022-03-18 16:31 | Report Abuse

Buy Nylex … big announcement coming soon

Posted by loneranger3211 > 2022-03-18 16:39 | Report Abuse

Wow,many buying back

Moneymore

532 posts

Posted by Moneymore > 2022-03-18 22:41 | Report Abuse

OGPC will get into O&M to replace Serba as next key player, Serba too busy with court case next 12-24 months

HowDareYou

1,278 posts

Posted by HowDareYou > 2022-03-19 05:36 | Report Abuse

hosei liao, big jerung dah masuk, ready to fly to moon

blackchicken

1,220 posts

Posted by blackchicken > 2022-03-19 08:50 | Report Abuse

US-listed Chinese shares surge, set for best week ever
Reuters
March 19, 2022

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2022-03-19 14:46 | Report Abuse

SWEET OR SHIT! YOU NAK TANYA APA?

chl1989

2,552 posts

Posted by chl1989 > 2022-03-19 17:22 | Report Abuse

rm6

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2022-03-20 09:48 | Report Abuse

big boss jump ship to th heavy already!

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2022-03-20 09:52 | Report Abuse

your big boss might inject dnex`s oil & gas business into th heavy

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2022-03-20 13:19 | Report Abuse

the big show will be in th heavy,.......not dnex anymore,......stay tune

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2022-03-20 13:24 | Report Abuse

OKAY! QUICK QUICK GO TH BLOW WATER!!!

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2022-03-20 13:25 | Report Abuse

DNEX CLOSE SHOP SELL ASSETS SELL BUSINESS KE???

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2022-03-20 13:26 | Report Abuse

JANGAN ACT MACAM PRIMARY SCHOOL CHICKEN LAH WEI!!!

latuk

572 posts

Posted by latuk > 2022-03-20 14:14 | Report Abuse

8899EL8899, you talk as if Dnex is donating O&G assets to TH for free! Please talk sense lah.

Bullcoming

848 posts

Posted by Bullcoming > 2022-03-20 20:29 | Report Abuse

Possible Dnex use Thheavy to rto its Oil n Gas arm?

latuk

572 posts

Posted by latuk > 2022-03-20 20:48 | Report Abuse

To monetize O&G assets.

latuk

572 posts

Posted by latuk > 2022-03-20 20:53 | Report Abuse

All management will only undertake corporate moves to enhance values of shareholders. Their stakes are much higher than any one of us.

Plantermen

2,160 posts

Posted by Plantermen > 2022-03-20 21:58 | Report Abuse

Syed Zainal is building a Dnex conglomerate for the past 2 years since his Dne
appointment to the Board.
congolemerate. He rope in CGP fund to facilitate the Silterra take-over. Next he convince Foxconn to take up a stake in DNex. Stopped the sale of Ping petroleum at the most appropriate time and indirectly enhanced DNex valuation. He is building big plans for DNex. Just wait for the forthcoming news announcement.

scjm

2,556 posts

Posted by scjm > 2022-03-21 10:11 | Report Abuse

likely target 1.05/1.06 before profit taking sets in

Bullcoming

848 posts

Posted by Bullcoming > 2022-03-21 10:56 | Report Abuse

By listing both Silterra & Oil n Gas arm, fund raising will be solved and shareholders will also benefited if management offer IPO shares. I propose this to management here

Bullcoming

848 posts

Posted by Bullcoming > 2022-03-21 10:58 | Report Abuse

Dnex very sure hit all time high

derrtan

1,796 posts

Posted by derrtan > 2022-03-21 11:14 | Report Abuse

so hard to maintain gain...too much ticket floating...

jk20598

213 posts

Posted by jk20598 > 2022-03-21 11:30 | Report Abuse

Yes,Tan Seri has sounded to spin off or IPO Silterra/O&G are on the table.As both require high capex to grow moving forward,best to do is to IPO.As there are already too much Dnex float shares in the market, PP raise Fund will make it worst.

steven_c

112 posts

Posted by steven_c > 2022-03-21 12:49 | Report Abuse

@jk20598, any potential spinoff would probably happen after some value creation. I think, from my own view, Silterra will need to at least lock down another 1 or 2 more long term clients to reach 90% capacity utilization. Tan Sri also has given a ballpark figure of how much is needed to upgrade and expand infrastructure at Silterra, which will be funded by GCP. IPO for Ping Petroleum might sound likely as the price of crude oil is high now, and with Russia/Ukraine war happening, I think price of oil may remain high which favors Ping spin-off. Additionally, Tan Sri said something about commercializing Avalon field which is part of Anasuria cluster then, additional capital is required. Since banks are hesitant to lend capital to new O&G greenfield projects due to ESG theme being played, thus, a potential Ping spin-off will be very likely. Just my 2 cents thoughts.

Bullcoming

848 posts

Posted by Bullcoming > 2022-03-21 13:31 | Report Abuse

Silterra go IPO & offer Hon Hai to participate, this could be one of the strategies to connect the semi-conductor giant.

KingDavid

2,606 posts

Posted by KingDavid > 2022-03-21 13:51 | Report Abuse

Based on the following information, it is very unlikely to spin-off with Ping Petroleum. Syed Zainal estimates that the group’s O&G unit would need at least RM100mil in capex to develop its newly acquired Avalon oil field in the UK. The Avalon oil field is 100% owned by Dnex and Syed Zainal says the group may be looking for partners to develop the field.“Thanks to the current high crude oil price, we could use internally generated funds for the Avalon field. We expect that the field could have the capability to produce between 5,000 to 7,000 barrels a day, which will double or triple our current production,” he says.

steven_c

112 posts

Posted by steven_c > 2022-03-21 14:01 | Report Abuse

@KingDavid Thanks for sharing the information. So, this means they will be in expansion mode for the next 2 to 3 years.

KingDavid

2,606 posts

Posted by KingDavid > 2022-03-21 14:05 | Report Abuse

If I am not mistaken the net profit per barrel after tax is at least USD30/barrel for Anasuria cluster if the price is at least USD80. If RM100 million is needed ( about USD24 million), production at 6000 barrels per day @USD30/barrel profit, it will only need 133 days to pay back the investment plus the time to develop the Avalon field.

steven_c

112 posts

Posted by steven_c > 2022-03-21 14:10 | Report Abuse

@KingDavid that is a ballpark way to put it if all goes according plan. However, so far it appears DNeX is a good growth story with bigger potentials that is very rare to find.

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