DAGANG NEXCHANGE BERHAD

KLSE (MYR): DNEX (4456)

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Last Price

0.38

Today's Change

-0.005 (1.30%)

Day's Change

0.375 - 0.39

Trading Volume

26,578,500


58 people like this.

102,084 comment(s). Last comment by pritpritt 41 minutes ago

Throwdown

157 posts

Posted by Throwdown > 2022-09-04 19:50 | Report Abuse

I didnt hear your question. But the answer is BUY. TP 0.98

Posted by NatsukoMishima > 2022-09-05 12:39 | Report Abuse

Invest n gambling is very different in stock , 80 - 90 % fast money gambler will be loser at the end , so be patience for a good stock to gain !

Posted by lordfish30 > 2022-09-05 14:25 | Report Abuse

yes I agree DNEX is for long term, wait till its double up

Baby Shark

5,913 posts

Posted by Baby Shark > 2022-09-05 16:18 | Report Abuse

Many projects .. BUY !

Baby Shark

5,913 posts

Posted by Baby Shark > 2022-09-05 16:43 | Report Abuse

Why forum so diam ?

birdparadise

1,468 posts

Posted by birdparadise > 2022-09-05 16:46 |

Post removed.Why?

DatoKyle

369 posts

Posted by DatoKyle > 2022-09-05 16:59 | Report Abuse

Time to run.. as per DatoKyle !

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2022-09-05 20:03 | Report Abuse

NO UPTREND MA DIAM DIAM MAH..BIASA LO

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2022-09-05 20:04 | Report Abuse

SIKALANG TIN KOSONGS PUNYA TURN MAH..

DickyMe10

83 posts

Posted by DickyMe10 > 2022-09-05 20:06 | Report Abuse

20 sen coming soon!

Posted by NatsukoMishima > 2022-09-05 20:55 | Report Abuse

I really 20 sens coming soon , buy more 100000 units !

Kanenites

4,487 posts

Posted by Kanenites > 2022-09-05 21:26 | Report Abuse

amende...

Plantermen

2,180 posts

Posted by Plantermen > 2022-09-05 22:36 | Report Abuse

TP and forward earnings criteria is based on certain scenario and foreseeable trading enviroment & recommendation per see and not just pluck from thin air. With zero research, financial ratio analysis or background facts. Oil prices may or maynot see any significant market retracement despite on going concern on demand. Production is something Opec +has fine tune to their advantage. Most Oil players are sticking to their forecast of between USD 90 - 110 per barrel. Chips sector is more cyclical with TSMC, Nvidia and AMD announcement that the US chip acts of USD 56 billion announced by Biden is insufficient for any home grown US manufacturers to compete efficiently. Both Intel and TEXAS have outsourced their plant 's production for ages in overseas countries. It's take at least 2 or 3 years down the road to start a foundry plant coming from scratch. Silltera sits on a nice plateau as Malaysia is consider as a US friendly trading nation. Not to mention. DNEX Platform B2B used by our custom exercise dept is highly regulated and nor easily replicated. Just do your own research before you buy or invest in any stocks. Not a buy call just my own sector view

Kokwei

67 posts

Posted by Kokwei > 2022-09-06 09:23 | Report Abuse

Ya ong 99 diam diam is good for you

Posted by NatsukoMishima > 2022-09-06 09:31 | Report Abuse

100k + 100k unit , if dnex hit rm 4 - 6 then i really can retire early after settle my home loan , my sons student loans ...

Kokwei

67 posts

Posted by Kokwei > 2022-09-06 10:27 | Report Abuse

Natsuko stop dreaming in your wonderland

Bullcoming

848 posts

Posted by Bullcoming > 2022-09-06 11:06 | Report Abuse

Something is brewing up

Posted by MightyAvenger > 2022-09-06 11:51 | Report Abuse

??

Bullcoming

848 posts

Posted by Bullcoming > 2022-09-06 12:02 | Report Abuse

Soon the investment will inject into these companies

PM Ismail Sabri: Saudi’s Ajlan Bros to invest RM34b in nine Malaysian companies

Publish date: Tue, 30 Aug 2022, 10:26 AM

KUALA LUMPUR, Aug 29 — Saudi Arabia conglomerate, Ajlan Bros Holding Group is set to invest close to RM34 billion (US$7.5 billion) in nine Malaysian companies, said Prime Minister Datuk Seri Ismail Sabri Yaakob.

During the signing of the memoranda of understanding today, he said the nine companies are from the semiconductor, social trade, medical technology, defence and entertainment industries.

They are Dagang NeXchange Bhd; Aerodyne Systems Sdn Bhd; National Aerospace and Defence Industries Sdn Bhd; Twistcode Technologies Sdn Bhd; CyberSecurity Malaysia; Malaysia Genomics Resources Centre Bhd; Meta Universe Sdn Bhd; Light Up 7 Sdn Bhd and My Events Sdn Bhd.

Ajlan Bros is one of the top real estate conglomerates in Saudi Arabia, specialising in residential, industrial, commercial and warehousing space.

It has made considerable investments in more than 25 countries and has more than US$15 billion (RM67.3 billion) worth of assets as well as a revenue of over US$2 billion. — Bernama

https://www.malaymail.com/news/money/2022/08/29/pm-ismail-sabri-saudis-ajlan-bros-to-invest-rm34b-in-nine-malaysian-companies/25359

Toyota78

131 posts

Posted by Toyota78 > 2022-09-06 14:23 | Report Abuse

Whatever … DNex is still a penny stock despite the many supposedly good news - they are in oil, chips, govt contracts, Foxconn story, MOUs with Saudis n Chinese, Good write up by Investment Bankers. With all these positives and yet still a penny stock I think it will take a long while before it goes back above RM1

Posted by loneranger3211 > 2022-09-06 14:38 | Report Abuse

When everyone hope it moves upward, it never happen. But, once you sold, it will....

Posted by MightyAvenger > 2022-09-06 15:36 | Report Abuse

when most if not all gives up hope , then it will shoot up. Probably the most patience-testing counter !!

Kanenites

4,487 posts

Posted by Kanenites > 2022-09-06 15:43 | Report Abuse

okay

Posted by MightyAvenger > 2022-09-06 16:05 | Report Abuse

A signal that indicates most ppl give up on it is that many lovers or supporters either disappeared from this forum or turned from promoter to hater . Most of you here seem new comers, haha

Kanenites

4,487 posts

Posted by Kanenites > 2022-09-06 16:16 | Report Abuse

ya lah. baru datang melawat ni.

Posted by Jonathan Keung > 2022-09-06 17:52 | Report Abuse

announcement on special tax reliefs or benefits coming out in Oct budget. Miti { Azmin } previously said we will ask MOF for special incentives for high tech technology under budget 2023

Posted by NatsukoMishima > 2022-09-06 21:16 | Report Abuse

@Kokwei

2 posts

Posted by Kokwei > 10 hours ago | Report Abuse

Natsuko stop dreaming in your wonderland
_______________
I m not dreaming but dnex growing net cash flow will support my prediction !

nextan

713 posts

Posted by nextan > 2022-09-07 06:00 | Report Abuse

Very lousy stock ! end of the year only 60c better run now

Posted by Jonathan Keung > 2022-09-07 08:04 | Report Abuse

Strong closing at 82.5 sen indicates a bullish candlestick chart breakout. Prices should sustain if upward momentum continues. Chart indicates 82 -85 price range.

Posted by MightyAvenger > 2022-09-07 10:10 | Report Abuse

Planting a coconut till harvesting the juicy and refreshing nuts takes 6-7 years (there seems to be Philipino crone which needs only 3 plus yrs ?), a Musang King ,at least five yrs. Oil Palm the golden tree, three yrs. How long have u invested in Dnex ? 2 yrs , 2 months ?
If u want overnight success, try it at Genting Highland. Dont grumble like grandma here . this forum is for ppl to share useful info ,not anger , complaints, insults etc etc.

Gaussian

3,001 posts

Posted by Gaussian > 2022-09-08 08:14 | Report Abuse

Beware of today and tomorrow

Plantermen

2,180 posts

Posted by Plantermen > 2022-09-08 10:18 | Report Abuse

DNex interim dividend. 0.0006 sen announcment in April'22. Financial year ending June. Possibility of final dividend for FY 22 announcement forthcoming

Bullcoming

848 posts

Posted by Bullcoming > 2022-09-08 11:25 | Report Abuse

Once foreign investment is in, price will shoot up, waiting for that moment to come

Toyota78

131 posts

Posted by Toyota78 > 2022-09-08 11:39 | Report Abuse

Dirt cheap for our Singaporeans neighbours to buy.. less than SGD 30 cents for a profitable company with govt contracts, oil, wafers, submarine cables, Foxconn, Chinese and Saudi interest

Posted by Jonathan Keung > 2022-09-08 11:56 | Report Abuse

Southern neighbours nibbling at the start of last year when news of Dnex acquired Silterra. Hong Hai Foxconn acquired shares in Dnex.

Posted by loneranger3211 > 2022-09-08 12:18 | Report Abuse

Dnex not easy to play with .... once sold, prices will jump up.

Toyota78

131 posts

Posted by Toyota78 > 2022-09-08 12:47 | Report Abuse

If DNex Directors not mindful or pay close attention to the share price very soon they find foreigners owning huge chunks of DNex shares compared to Malaysian retail investors. To build n operate a Wafer plants involves billions and here we have SilTerra, Ping Petroleum, govt contracts etc etc. Share price is trading at PE4.7. Possibly some smart investors are picking up DNex at these prices 82 - 83 sen.

Toyota78

131 posts

Posted by Toyota78 > 2022-09-08 12:54 | Report Abuse

I personally hv some shares in DNex and honestly I’m disappointed with the share price performance which I felt it should not be a penny stock with all the favourable businesses they hv. Disappointed but still a faithful Dnexer

Bullcoming

848 posts

Posted by Bullcoming > 2022-09-08 13:06 | Report Abuse

Dnex should not at penny level, coz of Shortist is controlling the prices unless big foreign investors come in.

Posted by NatsukoMishima > 2022-09-08 13:21 | Report Abuse

If u buy dnex now just keep 5 years sure u wont regret !

Trevor777

3,055 posts

Posted by Trevor777 > 2022-09-08 13:23 | Report Abuse

Buy and wait for 5 years or come back in 5 years and buy at same price..????

TokAbah

1,205 posts

Posted by TokAbah > 2022-09-08 13:25 | Report Abuse

Dnex is too undervalue lorr.
The intrinsic vakue shd be above RM1.

i think the management worst and need to be reshuffle lor

Toyota78

131 posts

Posted by Toyota78 > 2022-09-08 14:17 | Report Abuse

I don’t think it is so much about the management. Looking at their financial performances last year they are doing ok. Prudent in their spending. A cash balance of about RM1bil in the war chest speaks volume of their financial discipline. I would think the share price is somewhat suppressed for now to allow certain parties to collect more shares at low price. Don’t forget Foxconn paid 90sen for their block of shares at a time when SilTerra was still operating at low volume and at a loss perhaps too. Now that SilTerra has turned around and secured long term purchase agreements and oil prices hv been well above USD90 then ‘logically’ the share price should be higher than 90sen. But it is not right now! Don’t know what’s their game plan. Be patient and hold till next Qtr results

Posted by MightyAvenger > 2022-09-08 15:07 | Report Abuse

Yes, u should listen to Mr Toyota 78, a reliable , responsible trustworthy gentleman , a rare species here, folks !

birdparadise

1,468 posts

Posted by birdparadise > 2022-09-08 15:44 |

Post removed.Why?

derrtan

1,796 posts

Posted by derrtan > 2022-09-08 15:50 | Report Abuse

this share has its own thought...oil up it cannot up....nasdaq up it cannot up....after everyone throw then it up a bit...just to piss u off

birdparadise

1,468 posts

Posted by birdparadise > 2022-09-08 16:46 |

Post removed.Why?

Plantermen

2,180 posts

Posted by Plantermen > 2022-09-08 17:15 | Report Abuse

The additional production specialty expansion in the 200 mm foundry capacity takes time. Management guidance quoted { Tan Sri Syed Zainal } by early 2023. Annual production will increased from 8.3 million mask layers at end July 2021 to 10 million mask layers

Posted by jwblacklabel > 2022-09-08 20:20 | Report Abuse

Slowdown?

TSMC's revenue in August leaped 58.7% year-on-year to a fresh all-time high NT$218.13 billion (US$7.06 billion) and up 16.8% over July. Jan-Aug revenue hit NT$1.43 trillion, up 43.5%.

https://pr.tsmc.com/english/news/2959

As I have often repeated it depends on sector or business within of semiconductor which is very wide.

TSMC is big enough to absorb the slowdown in memories unlike Samsung.

Posted by jwblacklabel > 2022-09-08 23:59 | Report Abuse

Contrast TSMC's revenue

Intel's revenue will decline 17% in 2H22 y/y and 7% sequentially, based on CEO comments at Evercore. 2H y/y decline happened only twice since 2009 (2012 & 2020). Revenue will come in around $65 b for 2022 (an $11b lower than Apr 22 guidance). $NVDA is also set to see a 2H decline

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