DAGANG NEXCHANGE BERHAD

KLSE (MYR): DNEX (4456)

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Last Price

0.385

Today's Change

-0.015 (3.75%)

Day's Change

0.38 - 0.405

Trading Volume

24,490,800


56 people like this.

100,705 comment(s). Last comment by klee 1 hour ago

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

5,838 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

2,488 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

2,488 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

Kanenites

4,434 posts

Posted by Kanenites > 2022-05-20 18:27 |

Post removed.Why?

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

Kanenites

4,434 posts

Posted by Kanenites > 2022-05-21 01:52 | Report Abuse

Benci tapi rindu

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

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?

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 ...

Posted by jwblacklabel > 2022-05-21 20:59 | Report Abuse

One more .. hope you don't spill your coffee ...

Silicon wafer is the key components to start the chip manufacturing processes.

From Bloomberg (I am not a subscriber so just give headlines from 2 days ago)

Key Supplier of Wafers for Chips Has Sold Out Through 2026
- Sumco expects supply-demand imbalance to last five years
- Silicon wafer maker sees little room for factory expansion

Further back in February 2022


Wafer woes could drag out chip shortage

Major vendors not meeting demand.
Two silicon wafer vendors, which together represent more than 50 percent of global supply, have warned that they won’t be able to meet demand during 2022.

https://www.itnews.com.au/news/wafer-woes-could-drag-out-chip-shortage-575853

You could argue about using alternative to silicon wafer such as Gallium Nitride (GaN) and Silicon Carbide (SiC) which DNeX has some products but capacity is not that high or the quality that good (same with other foundries).

Infineon across the road from DNeX is building some facilities there expanding towards that area.

So you could translate all of the above into some sort of revenue for the next few QRs ...

iPlay

1,812 posts

Posted by iPlay > 2022-05-21 22:17 | Report Abuse

Johnny Walker
Thanks for the infor on MOU.
Smoke only, no fire yet.
You are right ! hold on your coffee mug and ignore the noises from the anjing gila777.

Likely QR will be in within next week..... Dont spill your coffee !!!

Trevor777

3,055 posts

Posted by Trevor777 > 2022-05-22 01:27 |

Post removed.Why?

i3lurker

13,605 posts

Posted by i3lurker > 2022-05-22 07:24 | Report Abuse

Please borrow from Ah loong to buy all in all BURSA shares tomorrow.

Sharks need your URGENT help.
Extinction event had come to Malaysia.

Its important you all in and buy before Extinction Event so that Sharks can live.

We regret your death but you died valiantly trying to rescue BURSA Sharks.
A very noble death indeed which we will remember for 1 picro second.

Trevor777

3,055 posts

Posted by Trevor777 > 2022-05-22 09:40 |

Post removed.Why?

Trevor777

3,055 posts

Posted by Trevor777 > 2022-05-22 09:42 | Report Abuse

Oooiiiii..MOU talak rasa lah.........say lah, Tesla MOU next.....hahahahaaaa

Only in Bursa may you find those people shouting for MOU and Agreement...WITHOUT looking at financial Costs.......so stupeeeeeeeeeed

blackchicken

1,220 posts

Posted by blackchicken > 2022-05-22 11:27 | Report Abuse

Apple Looks to Boost Production Outside China
iPhone maker tells suppliers it wants to manufacture more in India and Southeast Asia

https://www.wsj.com/amp/articles/apple-looks-to-boost-production-outside-china-11653142077

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2022-05-22 11:52 | Report Abuse

HOPELESS LIAO. LAI WE GO SAPURA BLOW WATER

blackchicken

1,220 posts

Posted by blackchicken > 2022-05-22 21:25 | Report Abuse

Highlight - MoF: 1Q22 GDP growth, economic indicators indicate economic recovery has begun - http://www.theedgemarkets.com/article/mof-1q22-gdp-growth-economic-indicators-indicate-economic-recovery-has-begun

blackchicken

1,220 posts

Posted by blackchicken > 2022-05-22 22:10 | Report Abuse

Azmin: Malaysia attracts new investments worth RM16.52b from the US
https://www.theedgemarkets.com/article/azmin-malaysia-attracts-new-investments-worth-rm1652b-us

king36

1,022 posts

Posted by king36 > 2022-05-23 07:27 | Report Abuse

If coming Q DNx gives good Dv, it will give a shot in the price spike better than all MOUs..... blah,,balh....blah......

Trevor777

3,055 posts

Posted by Trevor777 > 2022-05-23 08:50 | Report Abuse

Dividend?.....seriously?....hhmmmmm

Posted by WinBigOrLoseAll > 2022-05-23 08:58 | Report Abuse

they need a lot of cash to build the new factory, where got money to give divvy now?

Trevor777

3,055 posts

Posted by Trevor777 > 2022-05-23 09:45 | Report Abuse

"Dnex recently said it has entered into a memorandum of understanding with Big Innovation Holdings (a wholly-owned subsidiary of Foxconn) to set up a joint venture company to build and operate a new 12-inch wafer fabrication plant in Malaysia.

CGS-CIMB Research estimates the new 300mm wafer fab may require a massive investment of at least US$4bil (RM17.6bil) to build and facilitate its production floor."

Tak tau baca ke?....kekekeke

Trevor777

3,055 posts

Posted by Trevor777 > 2022-05-23 09:47 | Report Abuse

Pockets empty still dared to walk into BMW showroom to buy the latest 5 series?????

KingDavid

2,423 posts

Posted by KingDavid > 2022-05-23 09:48 | Report Abuse

Be humble always !!!

Trevor777

3,055 posts

Posted by Trevor777 > 2022-05-23 09:50 | Report Abuse

Respect is mutual....otherwise go fock a spider !

Posted by Mixologist > 2022-05-23 10:08 | Report Abuse

Kinky for arachnids?

KingDavid

2,423 posts

Posted by KingDavid > 2022-05-23 10:24 | Report Abuse

With humbleness, Respect can be earned, not given or self praising.

iPlay

1,812 posts

Posted by iPlay > 2022-05-23 10:27 | Report Abuse

To be fair to all...
Without the MOU, probably DNex is still at 0.93 the price on May 12.... May 13 was the MOU announcement date it went all the way up to 1.09... from .93 to 1.09 is it lousy ? ask your self, just an MOU, nothing solid yet....
If you missed the run, just too bad. whether the MOU is good or bad, is yet to be seen...
You can choose to have 7 steps ahead and conclude on the MOU.... you also can choose to step 7 steps behind and watch before concluding. Mr Market chooses the latter.

Trevor777

3,055 posts

Posted by Trevor777 > 2022-05-23 10:28 | Report Abuse

Humble???
Been there, done that, already tried.......so fock off !

blackchicken

1,220 posts

Posted by blackchicken > 2022-05-23 11:50 | Report Abuse

After $5 Trillion Rout, Emerging Markets Seek Turnaround Signal
https://www.bloomberg.com/news/articles/2022-05-22/after-5-trillion-rout-emerging-markets-seek-turnaround-signal

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