DAGANG NEXCHANGE BERHAD

KLSE (MYR): DNEX (4456)

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Last Price

0.375

Today's Change

-0.015 (3.85%)

Day's Change

0.375 - 0.40

Trading Volume

18,282,800


58 people like this.

101,863 comment(s). Last comment by curiousq 4 hours ago

Surge

377 posts

Posted by Surge > 2022-05-19 09:12 | Report Abuse

This situation translate to collection time

IronShirt

3,178 posts

Posted by IronShirt > 2022-05-19 09:52 | Report Abuse

MOU( foxconn) is a plus but hardly means anything to Dnex bottom line Yet. Foxconn signed many MOU
with China Chips makers but sooner or later China Wafer Co. pull-Out bcos Foxconn demand lowest price but
highest Quality Wafer. I think it is better to stick with China players, atleast their Demand is Not so much.

Posted by jwblacklabel > 2022-05-19 10:13 | Report Abuse

@ironshirt

I agree with your point. MOU is nothing and will not impact DNeX bottom line. It also take 2-3 years before the first product roll out eg construction, installation and qualification / test.

Those MOUs with Chinese firms are slightly different. Why?

Because Hon Hai has already owned 5.03% of DNeX. They already have a foot past the door.

Here are a few more pointers

Hon Hai aims for 10% of EV market

Under Hon Hai 3+3 initiative - 3 emerging industries of EVs, robotics and digital health care applied AI, semiconductor, and comms technologies - DNeX / SilTerra is a good fit as they have products in many of those areas including health care.

From PR the new plant will use "matured" processes which reduces the need for more RnD and risks.

However the journey has just started.

Posted by Paktua Second > 2022-05-19 10:14 | Report Abuse

Next week sure goreng. Can start collect as Master Yoda said

Posted by Sandlejepon > 2022-05-19 10:25 | Report Abuse

Lai lai lai kasi borong semua.hahahh

xytraders

197 posts

Posted by xytraders > 2022-05-19 10:32 | Report Abuse

不要再玩股票了,你玩股票好过你玩 major forex, minor forex, gold, oil, fkli, hsi, dji/ndx/sp500, btc, jp225。股票只能玩资金所向股

Bullcoming

886 posts

Posted by Bullcoming > 2022-05-19 12:18 | Report Abuse

Foxconn effect, Dnex will surge again to historical height

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2022-05-19 13:46 | Report Abuse

FUYOH FOREX…

Posted by King_Musang > 2022-05-19 14:12 | Report Abuse

777 lama tak makan taik Mabel, emosi kurang stabile sket. LOL

Trevor777

3,055 posts

Posted by Trevor777 > 2022-05-19 14:50 | Report Abuse

KABOOOOM !!!!!!!

Trevor777

3,055 posts

Posted by Trevor777 > 2022-05-19 15:20 | Report Abuse

Macam main guli-guli.......From a respectable entity with good integrity to no other than those waving MOU to prop up price............paper full of bullet holes, leaking water all over the place.

New wafer foundry plant JV that needs TIME (3 years) and MONEY, lots of money, something like USD4 Billions = RM17+ Billions.......Talk is cheap..........

No wonder my pet fish nearly dropped off his chair. But these jokers here thinks it's a done deal........hehehe

Trevor777

3,055 posts

Posted by Trevor777 > 2022-05-19 15:21 | Report Abuse

Fox said, "give you 1 year, show us the money".........

CGP Funds (China) not in the picture as they have high esteem and higher reputation. Not play, play ones.......

Trevor777

3,055 posts

Posted by Trevor777 > 2022-05-19 15:22 | Report Abuse

"Allowed" 891 million PP shares to expire. What happened? It was dirt cheap mah....below 1.00.....still no Buyers?????? How come leh???

Trevor777

3,055 posts

Posted by Trevor777 > 2022-05-19 15:23 | Report Abuse

Expansion plans already put till year end 2022.......Avalon supposedly to start pumping in mid-2023, now delayed till 2024? (or.???...)

Trevor777

3,055 posts

Posted by Trevor777 > 2022-05-19 15:29 |

Post removed.Why?

Trevor777

3,055 posts

Posted by Trevor777 > 2022-05-19 15:29 | Report Abuse

Coming week, QR, then following week more ESOS listing.....

Trevor777

3,055 posts

Posted by Trevor777 > 2022-05-19 15:30 | Report Abuse

1.30 all out....money in other places and making daily..........hahahaha

Sucker bilis still sweating here....

iPlay

1,812 posts

Posted by iPlay > 2022-05-19 15:43 | Report Abuse

Trevor777.... are you ok ?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-05-19 16:02 |

Post removed.Why?

iPlay

1,812 posts

Posted by iPlay > 2022-05-19 16:31 | Report Abuse

777 can only stay calm after visiting a psychiatrists.

steven_c

113 posts

Posted by steven_c > 2022-05-19 16:31 | Report Abuse

Lol BobAxelrod dan Trevor777 adalah org yg sama

iPlay

1,812 posts

Posted by iPlay > 2022-05-19 16:53 | Report Abuse

Habislah…. Penyakit mental 777 makin serious….

Posted by stockhunter55 > 2022-05-19 19:03 | Report Abuse

Flushing to 1 and boots again ?

Mini Bull

799 posts

Posted by Mini Bull > 2022-05-19 21:35 | Report Abuse

coming QR gg ?

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2022-05-19 22:04 | Report Abuse

GG?

Moneymore

532 posts

Posted by Moneymore > 2022-05-19 23:11 | Report Abuse

Waiting for cat aqua Mabel to calm him down LOL

SvMsHpOs

152 posts

Posted by SvMsHpOs > 2022-05-20 08:34 | Report Abuse


BobAxelrod

Trevor, please chill and stay calm. These people don't deserve us anymore. At Axe Cap, we act professionally and we're gentlemen. We're educated and trained to do what we do best......

EnglishBob want to make people muntah.. early this morning..

hoot9eonly

516 posts

Posted by hoot9eonly > 2022-05-20 11:19 | Report Abuse

This hot cake when want to draw to become more bigger and bigger cake. haha

blackchicken

1,220 posts

Posted by blackchicken > 2022-05-20 11:46 | Report Abuse

China’s Stimulus Tops $5 Trillion as Covid Zero Batters Economy
Bloomberg’s calculation is based on monetary, fiscal measures
https://www.bloomberg.com/news/articles/2022-05-19/china-s-stimulus-tops-5-trillion-as-covid-zero-batters-economy

Trevor777

3,055 posts

Posted by Trevor777 > 2022-05-20 16:03 |

Post removed.Why?

Baby Shark

5,960 posts

Posted by Baby Shark > 2022-05-20 16:07 | Report Abuse

Very cheap.. buy buy

Trevor777

3,055 posts

Posted by Trevor777 > 2022-05-20 16:08 | Report Abuse

Alamak ! campak 1.02 x 5 million shares ke..........hahahaha

Trevor777

3,055 posts

Posted by Trevor777 > 2022-05-20 16:09 | Report Abuse

Minggu depan QR lah......macam ni mana bolih........

Trevor777

3,055 posts

Posted by Trevor777 > 2022-05-20 16:18 | Report Abuse

At lunch other day, told my friends, "Dx signed MOU, JV for RM17.6 BILLIONS!"
NONE OF THEM COULD STOP LAUGHING, NEARLY CHOKED BY FOOD IN MOUTH......hahahaha

abdullah53

119 posts

Posted by abdullah53 > 2022-05-20 16:30 | Report Abuse

wakaka...baru ni nampak Dnex di tempat pasar malam, mari2... lelong2, satu ringgit satu, satu ringgit satu..pelahan2 kita JV besar2. Hehehe...happy weekend.

scjm

2,596 posts

Posted by scjm > 2022-05-20 16:32 | Report Abuse

where can chock in the mouth one!!! you which school come one

Trevor777

3,055 posts

Posted by Trevor777 > 2022-05-20 16:37 | Report Abuse

Lang mi si lang, kui mi si kui.......bukan orang, bukan hantu......
Bukan minyak, bukan chips......apa lah ni.......wakekekeke

iPlay

1,812 posts

Posted by iPlay > 2022-05-20 16:42 | Report Abuse

kesian 777 sudah lah kalah duit.... mental pun kurang stabil... cakap pun sudah lentang pukang........ kesian, kesian, kesian.......

scjm

2,596 posts

Posted by scjm > 2022-05-20 17:03 | Report Abuse

bkn lah..hantu dah masuk badan 777

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2022-05-20 17:54 | Report Abuse

OHHH. HAPI HARI INI UP 2C

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2022-05-20 22:35 |

Post removed.Why?

Moneymore

532 posts

Posted by Moneymore > 2022-05-21 00:31 | Report Abuse

777 rindu itu Mabel cat lah

iPlay

1,812 posts

Posted by iPlay > 2022-05-21 11:38 | Report Abuse

777 kurang ajar... mak dia tak ajar dia cakap dengan sopan sikit...
His mother did not teach him or her to be polite when speak in public whether he is right or wrong... is ok not to be polite but do not to condemn others when others raised any points... the problem is he act as if he knows everything about DNex... but he doesn't know what he doesn't know... wakakaka

Mixologist

123 posts

Posted by Mixologist > 2022-05-21 15:04 | Report Abuse

He clearly had no clue the mou was coming. Such a big thing yet took him by surprise.

Trevor777

3,055 posts

Posted by Trevor777 > 2022-05-21 15:08 | Report Abuse

Big thing? You call this smoke and mirrors a big thing. Clearly you are the one would doesn't know which is the right way, standing on legs or your head???

Trevor777

3,055 posts

Posted by Trevor777 > 2022-05-21 15:10 |

Post removed.Why?

Mixologist

123 posts

Posted by Mixologist > 2022-05-21 16:15 | Report Abuse

No clue. He is 777 steps in the wrong direction as always. Have a nice weekend boy.

Trevor777

3,055 posts

Posted by Trevor777 > 2022-05-21 17:09 |

Post removed.Why?

Posted by jwblacklabel > 2022-05-21 20:38 | Report Abuse

DNeX - BIH aka Hon Hai aka Foxconn MOU

Is the cup half full or half empty?

Extract from PR

4. SALIENT TERMS OF THE MOU

4.1. Scope of MOU
The Parties are discussing on the collaboration to set up a joint venture company for the Proposed Project.
The MOU is an understanding of the Parties’ intentions and is not intended to create any legal relations nor to be legally binding on the Parties.

4.2. Definitive Agreement
During the duration of the MOU, the Parties will endeavour to negotiate to enter into definitive agreement(s) based on the structure of the Proposed Project and its financial details.

4.3. Duration
The MOU is valid for a period of one (1) year commencing from 17 May 2022 and may be further extended by mutual agreement by the Parties (“the Term”). Notwithstanding the foregoing, the MOU will terminate prior to the expiry of the Term if:

(a) A definitive agreement has been executed between the Parties; or
(b) Terminated by either one of the Parties by giving one (1) month notice of termination in writing.



Just smoke no fire yet .. so hold on your coffee mugs. Also no many billions being mentioned. Who or how the bill is going to be split and paid? Nada ...

Foreplay only? Or marriage and consummation? (Note - not just marriage!). Here are the attempts based on info published

1 Hon Hai 3+3 initiative
2 Foxconn was amongst the bidders for Silterra from Khazanah
3 DNeX won the bid
4 Hon Hai / Foxconn bought 5% DNeX to become substantial shareholders
5 Dr Bob Chen of Hon Hai is on the board of DNeX and SilTerra

Have a great weekend peps ...

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