Posted by BobAxelrod > 2022-11-18 10:02 |

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Posted by Borntoberich > 2022-11-18 10:09 | Report Abuse

Don’t expect to rebound next week. Will swing for few months or years.

Posted by BobAxelrod > 2022-11-18 10:12 |

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Posted by XenDee > 2022-11-18 10:17 | Report Abuse

@arbitration @scandal @pru15 so market overreact. will stabilize soon

Posted by KingDavid > 2022-11-18 10:18 | Report Abuse

Please talk more so that I can buy at cheaper price next week. Thank you very much.

Posted by Cuncun7 > 2022-11-18 10:21 |

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Posted by BobAxelrod > 2022-11-18 10:28 |

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Posted by BobAxelrod > 2022-11-18 10:43 |

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Posted by DickyMe > 2022-11-18 10:44 | Report Abuse

In BolehLand, anything and everything is hot air, undelivered promises, continuous bailouts, fake reports, massive cover ups, constant threats, unrealistic projection and ..I let it to your imagination. Even a perfect company is not left alone to prosper.

Posted by angelo > 2022-11-18 10:44 | Report Abuse

Wow, so many self-proclaimed experts here. If the share price trades n close lower on the first trading day of next week, these ppl will come out n happily say 'see, i already told you all but you all never want to listen' n if the share price is to close higher, the same ppl will say it is just 'dead cat bounce back'.

Posted by DickyMe > 2022-11-18 10:45 | Report Abuse

Who cares!

Posted by BobAxelrod > 2022-11-18 10:47 |

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Posted by BobAxelrod > 2022-11-18 10:56 |

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Posted by BobAxelrod > 2022-11-18 10:58 |

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Posted by BobAxelrod > 2022-11-18 11:00 | Report Abuse

And saving on toilet rolls for new plant........

Posted by Mabel > 2022-11-18 11:16 | Report Abuse

Are you one of the investors who think that Irredeemable Convertible Preference Shares ("ICPS") or Redeemable Convertible Preference Shares ("RCPS") is bad for the minor shareholders?

A common misconception of minority shareholders is always the same - Dilution of share ownership which is not good.

Posted by Mabel > 2022-11-18 11:16 | Report Abuse

In fact ICPS / RCPS is a good method for listed companies to grow, or as a source to secure fundings.. But you might ask - why is that so?

Take a few good companies with good business model and good management; Airasia Group Berhad ("AIRASIA") and Bumi Aramada Berhad ("ARMADA"), what is the one key item that eats away their profit?

Posted by Mabel > 2022-11-18 11:16 | Report Abuse

Was it bad margins? No..

Was it bad cost controls? No..

It's this particular item - FINANCE COSTS eats up majority of their profit, or even drive them into a loss-making company!

So as an investor myself, you always ask myself this question: "Blondi, do you want a loss making company, or a company that is able to raise fund consistently with no finance costs at all?"

To me, the answer is plain and simple. I hope it is to you as well.

Posted by Mabel > 2022-11-18 11:17 | Report Abuse

But wait, for new investors out there, what the heck are ICPS and RCPS?

In a layman term, ICPS and RCPS is just another type of convertible warrant (unless otherwise the company's ICPS and RCPS is interest bearing itself), investors would have to pay a certain amount (conversion price, which in turn funds the company's business) to convert into mother share!

But why would they convert into mother share? One thing I'm sure is - there must be something behind for them to willingly convert the ICPS and RCPS into mother shares, and increase their shareholdings!

Posted by Loh Kok Wai W > 2022-11-18 11:28 | Report Abuse

Dnex is Next ...Serbadak,Sapnrg,Scib....???...maybe.....

Posted by KClow > 2022-11-18 11:34 | Report Abuse

Sell dnex buy MSC

Posted by KClow > 2022-11-18 11:34 | Report Abuse

Hope msc can limit up

Posted by BobAxelrod > 2022-11-18 11:40 |

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Posted by investor2021trading > 2022-11-18 11:43 | Report Abuse

buy keep MPI, don't bother to monitor, it will go back to 40-50 in 2023!

Posted by NatsukoMishima > 2022-11-18 11:52 | Report Abuse

When ABMB involved in 1MDB news out the share price also drop more than 30 % last year , but look at it now possible into klci index !
Dnex is not ataim which nearly close shop because no more business .
Dnex is not serb because fake account .
Dnex is just in some misunderstanding with their partner regarding the agreement maybe due to the China poor english understanding , a middleman sure will help settle this peanut issue soon so that china malaysia both party win win situation , in Malaysia everything can settled lah , worry for what !
What u need to do now is standby as much as bullets u can to sapu all tickets next week before the foreign n local funds do it ! A very good risks reward investment !
Ask yourself why China so eager on siltera n not top glove or hartalega , is it something hidden inside that other people never discover ??
Trust me , this kind of panic sell not persist longer and when it rebound it will be a multibagger rebound !

Posted by Mabel > 2022-11-18 11:55 | Report Abuse

#
BobAxelrod MF longkang cat has no idea what happened in Dx tussle. She is demented and same old business luring newbies to the death in SD, KNM, Parkson, SAP and Dnex.

Anyone talking about ICPS here or the Arbitration with MIMA/Dnex?????

She just crwaled out from her longkang domain and has no idead who f^^ked her from the back.
18/11/2022 11:40 AM

Haha Blondi is talking about him..

2022 i3 Best Song of the Year

Song: Hibibibi...

Singer : Blondi

Record: Cap Ayam Software..

Posted by Mabel > 2022-11-18 11:57 | Report Abuse

investor2021trading buy keep MPI, don't bother to monitor, it will go back to 40-50 in 2023!
18/11/2022 11:43 AM

Haha MPI oledi on board...

No need to monitor like Dnex..

TS is in control mah..

Meow

Posted by investor2021trading > 2022-11-18 12:07 | Report Abuse

a lot of investors hv encountered huge losses in DNex! it can b "a flash in d pan"!

Posted by Raiz368 > 2022-11-18 12:10 | Report Abuse

Dnex iş control by BN government, if BN collapse Dnex also collapse so pls pray BN win Pru15 to save Dnex business.

Posted by Mabel > 2022-11-18 12:13 | Report Abuse

investor2021trading a lot of investors hv encountered huge losses in DNex! it can b "a flash in d pan"!
18/11/2022 12:07 PM

Haha Haha Mabel bought Dnex before Blondi@Trevor77 knows how to wear skirts and panties. This Battleship trade many round oledi with good P&L. This is another Battleship where Mabel just keep..3+1 Battleship mah..

Captain Mabel Meow

Posted by investor2021trading > 2022-11-18 12:15 | Report Abuse

i thought everyone said PH is going to win GE15! anyway, for u understanding, our gomen has no money to help any PLC, not even ASB!

Posted by Raiz368 > 2022-11-18 12:26 | Report Abuse

All counter linked to politic member are collapse i.e Serba Dinamik, Sapura Energy, Cypark, Dnex, KNM, TH Heavy, ICON...

Posted by firehawk > 2022-11-18 12:30 | Report Abuse

osted by Calbiz > 3 hours ago | Report Abuse

*DNeX meeting keytakes (Zoom)*

*Date: 17 Nov 2022*

*Management: TS Syed Zainal Abidin (CEO) and team*

*Key takeaways:*

- Mgmt noted that DNEX still owns 60% of Silterra currently.
- Mgmt noted that there might be some misunderstanding on the acquisition – infact the funding was all from DNEX via internal funds, not ICPS.
- The issuance of ICPS – was the instrument for future funding.
- The reason of the arbitration – it could trigger a breach of the manufacturing license due to explanation in the announcement – and mgmt did so to protect the shareholders.
- Partner of CGP is of the different opinion, and mgmt did so to protect the interest the shareholders.
- But mgmt thinks this should NOT affect the operations and Dnex wants to make sure Silterra's expansion is on track.
- Next step of process: Unable to give the details at this juncture – as guided by the process of arbitration. Mgmt will continue to protect Silterra so that it will not breach the manufacturing license and protect the interest of shareholders.
- Arbitration taken this round is to resolve the different opinions from both parties.
- Manufacturing license is still intact; mgmt has checked with MITI on this.
- What will be the outcome? Cannot draw a conclusion as yet.

*Q&A*

- Accordingly to mgmt, both parties (DNEX & MIMAS) respect the process, and best way (maybe) is to go to arbitration.
- Alternative funding options if MITI does not approve CGP’s ICPS – mgmt thinks that there could be two parts of funding – Silterra (strong cash position) and group’s level (strong cash position)
- Impact of LTA? Mgmt thinks that the disagreement might not affect LTA just because of this issue – because all was done professionally from the beginning – with the customers.
- The ICPS has not been issued hence CGP has no right to subscribe the additional shares.
- Impact if worst case? Mgmt will try its very best to make sure that the manufacturing license to be intact.

*Closing remarks*

- DNex is still very much in control of the operation. And the manufacturing license is still intact, and will make sure the license will not be breached.
- Operation will not be affected – no concern on this
- Mgmt is confident that this will be resolved ultimately and the utmost priority will be to protect the interest of shareholders.

Thanks!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
- Mgmt noted that there might be some misunderstanding on the acquisition – infact the funding was all from DNEX via internal funds, not ICPS.
- The issuance of ICPS – was the instrument for future funding.

If these are the facts, DNex is in better position to settle the arbitrage ..... contradict to some ppl understanding, that DNex issue the ICPS for acquisition.

Different from SerbakD too, this doesn;t involve fake account, fake orders, but merely funding at corporate level, which has no effect on operations. In in the right path, DNex not to violate the condition set by MITI.

This counter has a lot of retailers,
10,001 to 100,000 ; 10,964 persons hold 373,815,253 shares ( 11.84%)
100,001 to less than 5% of issued shares ; 2,308 persons hold 2,314,061,095 shares (73.32%)
5% and above of issued shares , 1 person holds 359,000,000 shares (11.37%)

make the counter subject to wild fluctuation ........

Posted by Gaussian > 2022-11-18 13:28 | Report Abuse

You know la China wants to control the world. Lol. They will by hook and by crook to take over good companies.

Posted by WinBigOrLoseAll > 2022-11-18 13:40 | Report Abuse

so many court cases 1 by 1, suit the ex-director, sue the ceo, now suit the partner
next one who? wanna sue bursa or not like serbadk did

Posted by Gaussian > 2022-11-18 13:57 | Report Abuse

Dnex sue or got sued?

Posted by firehawk > 2022-11-18 14:00 | Report Abuse

(Excerpt from yesterday announcement)
Various discussions were held between the parties to deliberate on the option of financial instruments to be used for purpose of raising the aforementioned funds. Of the options discussed, the parties had sought to opt for the possible issuance of Irredeemable Convertible Preference Shares (“ICPS”) in DNeX Semi amounting to RM100 million to be issued to and subscribed by MIMAS (“Proposed Investment”). The Proposed Investment forms the subscription exercise that was the subject of the Subscription Agreement dated 21 January 2022 entered between DNeX Semi, MIMAS and DNeX (“SSA”) by which MIMAS would become a 33.33% shareholder of DNeX Semi in return for a payment of RM100 million. The rights of the DNeX Semi and MIMAS as shareholders was to be regulated by the Shareholders Agreement dated 21 January 2022 entered between DNeX Semi, MIMAS and DNeX (“SHA”).
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The SSA and SHA were not publicly revealed, hoewever, DNex could be at the better stand, after all, the Notice of Arbitration was issued and served by DNex to MIMAS, not the other way round ..... my personal opinion is, DNex performs responsible manner to the dispute by seeking clarification on the Asian International Arbitration Centre Arbitration Rules ..... GCP /MIMAS is still their 40% partner, DNex wants to settle the dispute in good manner ......

Posted by NatsukoMishima > 2022-11-18 14:05 | Report Abuse

Dnex will be very hot n top volume everyday by traders who try earn fast money in the coming few months !

Posted by OrlandoOilSemiconIoT > 2022-11-18 14:09 | Report Abuse

CGP would not want to have a SilTerra minus the licence

Good sense will prevail sooner rather than later

CGP will back off

Posted by NatsukoMishima > 2022-11-18 14:13 | Report Abuse

Very surprised never seen Trevor777 barking at this right moment ! Where are u now ? Or u already sapu many cheap tickets at 45 sens n on same board with us ! U are too smart !

Posted by NatsukoMishima > 2022-11-18 14:17 | Report Abuse

Dnex will become no.1 good trade stock on next week onwards , one day up down 7 sens - 20 sens is normal during this hot moment ! Have gut to bet !

Posted by XenDee > 2022-11-18 14:19 | Report Abuse

HLIB: 'Worst-case scenario' for DNeX priced in after Thursday’s heavy sell-off https://www.theedgemarkets.com/node/644604?mibextid=cr9u03

Posted by King_trader_shadow > 2022-11-18 14:25 | Report Abuse

Could someone send me a good link why this counter plunge to new low?

Posted by shortinvestor77 > 2022-11-18 14:38 | Report Abuse

This is a Malay run company. You know I know soon it will follow Serbak, Cypark etc. you name it.

Posted by shortinvestor77 > 2022-11-18 14:48 | Report Abuse

Correct. After all, how come Dnex just suddenly realised it will break the rules if it goes ahead with convertible shares to get the funding.

Posted by shortinvestor77 > 2022-11-18 14:48 | Report Abuse

Drama

Posted by shortinvestor77 > 2022-11-18 14:49 | Report Abuse

Law suits also dramas

Posted by BobAxelrod > 2022-11-18 14:53 | Report Abuse

Damn!....it's only RM120M. Someone earlier in the year shouted that Dnex has nearly RM1 Billion at Bank.....so, what's the problem here??? Need to borrow even RM120 M????

Where did you go to school?? Cannot do the maths one????

Posted by BobAxelrod > 2022-11-18 14:56 |

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Posted by BobAxelrod > 2022-11-18 15:06 |

Post removed.Why?