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.

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.

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

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 !

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..????

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

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 !

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

Post removed.Why?

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

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

Post removed.Why?

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

Posted by NatsukoMishima > 2022-09-09 10:15 | Report Abuse

Banker hopes u all shaked off , sell off all your tickets at cheap price !

Posted by Bullcoming > 2022-09-09 10:24 | Report Abuse

Believe Bankers & Foreign investors is collecting and hoping ppl selling at the lowest price to them

Posted by Trevor777 > 2022-09-09 12:42 | Report Abuse

Still same spot?.......Year 2020 was same....Y2021 also same....now 2022 still the same.....and yet you expected a different result?????

Posted by Trevor777 > 2022-09-09 12:48 | Report Abuse

Hmmm.....not to say go above 90c....87c also cannot stand.....and people said September is 1.07 to 1.17. He/she bough at 84c again. Now he/she will say he bought at 79c too......

My pet fish is rolling on the floor laughing so hard!

Posted by Baby Shark > 2022-09-09 13:10 | Report Abuse

Many projects.. 2 dollar coming

Posted by birdparadise > 2022-09-09 13:26 |

Post removed.Why?

Posted by 4dking777 > 2022-09-09 13:44 | Report Abuse

continue to collect until RM 1...

Posted by Gaussian > 2022-09-09 14:00 | Report Abuse

Just collect when it’s cheap

Posted by Kanenites > 2022-09-09 15:13 |

Post removed.Why?

Posted by TokAbah > 2022-09-09 16:22 | Report Abuse

next week gonna be Semi Con play.
Buyyyyyy Dnex

Posted by Toyota78 > 2022-09-09 16:23 | Report Abuse

I don’t get it why some fellow investors make fun of or ridicule others. We should be helping fellow investors with facts and information so that we can make correct investment decisions.
That said, those who have bought DNex at higher prices and now suffering paper losses here are some facts that could give you hope. Just hold on and don’t despair.

1. DNex did well FY22 with a net profit of RM549.6 mil. How many companies on Bursa hv profits above RM500 mil? Not many.
2. DNex 3 core biznes - Technology (SilTerra), Energy (Ping Petroleum) & IT ( Govt contracts - NSW ). Let’s see how these 3 core biznes performed FY Jun 22
3. DNex technology biznes emerged as the biggest contributor with RM857mil ( 60% of total revenue). Next, their Energy biznes recorded revenue of RM379 mil ( 26% of total revenue ). IT contributed RM200mil or 14%
4. Are these 3 core biznes performances sustainable?
5. A ‘Yes’ for Technology - higher average selling price (ASP), continued worldwide demand for chips, SilTerra’s operational improvements/efficiency & outputs - plant expansion. Then there is this 3 long-term agreements secured with major clients which will fulfil capacity utilisation by more than 70 per cent.
6. A ‘Yes’ for Energy too - The Brent crude oil spot price forecast averages $98 per barrel (b) in the fourth quarter of 2022 (4Q22) and $97/b in 2023 ( Source US EIA ). According to a Research house, Ping Petroleum has a low operating expense per barrel (opex/bbl) of less USD20. They reckoned the estimated cash-breakeven crude oil price to be at about US$45 per barrel. A good margin of safety unless oil prices drop to the USD50s. Possible but unlikely.
7. Another ‘Yes’ for their IT govt contract biznes. DNex have secured the National Single Window (NSW) contract extension until August 31, 2024. Their new trade facilitation-related service offerings, especially in the business-to-business (B2B) segment locally are gaining traction. They are also moving NSW into international markets and are in the pilot implementation phase
8. Whilst revenue are important to any company, more important is net cash flow. You would hv heard of companies reporting bloated revenue and profits but with negative cash flow. What happens next? These companies goes ‘bust’.
9. For FY22, DNeX generated a strong net cash flow from operating activities amounting to RM643.8 million.
10. The company's balance sheet remains solid with total cash of RM1.02 billion, while total loans and borrowings stood at RM319.3 million as of June 30, 2022.
11. DNex is currently trading at PE of 4.7. Average PE for tech/semiconductor stocks on Bursa is around 20
12. DNex NTA is 59 sen meaning DNex is not an hollow company

Disclaimer - The above information is for educational sharing purposes only NOT a recommendation to buy/sell.

I hope you will find these humble contributions helpful. Happy Investing and let’s all make some money

Posted by Trevor777 > 2022-09-09 16:28 | Report Abuse

LOL, you said that in year 2020 and you are still wearing the same shirt ..... Did you miss a few episodes of Dx?
Honda box, granpa also hanging for past 6-7 years..... and you?

Still same spot???

Posted by loneranger3211 > 2022-09-09 16:40 | Report Abuse

Wow collecting ......

Posted by Trevor777 > 2022-09-09 17:31 | Report Abuse

Collecting dust or bulu???

Posted by Trevor777 > 2022-09-09 17:32 | Report Abuse

That japanese car model forgetting all the MOU especially the red panties with Victoria Secrets....hehehehe

Oil got output meh? Cannot see on Hibby's report on Anasuria?????

Posted by jwblacklabel > 2022-09-09 17:48 | Report Abuse

@Toyota78

With regards to your #7

I would put it a MAYBE not YES as I believe there are execution and cost issues related

To recap DNeX through EDI-M then TimeDotCom has been operating the NSW (previously known as EDI Malaysia) for more than 30 years as a sole service provider. In addition DNeX has also other contracts from the government not related to NSW.


If you review the various announcements since Tan Sri took over there are many initiatives such as SEALnet related; JV with EXIM, China Construction Bank, CapBay on trade financing and RSW; are viable plans. But results (or data not available) do not show inline with the potential. So is it an execution problem or cost related (too many outsourced resources?)

There were also a legal dispute.

My guess is this "house" is not in order yet for various reasons. Hence I put a MAYBE

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

When Nasdaq up always expect the unexpected. Lol.

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

Get ready to buy even cheaper

Posted by NatsukoMishima > 2022-09-10 08:47 | Report Abuse

https://paultan.org/2022/09/08/huawei-aito-m5-ev-revealed-for-china/

Posted by NatsukoMishima > 2022-09-10 08:48 | Report Abuse

Buy a bright future stock n keep 5 y u wont regret !

Posted by Trevor777 > 2022-09-10 09:06 | Report Abuse

It looked bright until you dragged the rubbish and the stench in....

Posted by Trevor777 > 2022-09-10 20:39 | Report Abuse

Promoters cannot be like that one....comes in once a week with a single line shouting $4-6 and then disappeared without giving facts and figures........just like dumping rubbish in your living room.

Posted by birdparadise > 2022-09-11 15:54 |

Post removed.Why?

Posted by Gaussian > 2022-09-12 07:41 | Report Abuse

Beware this week

Posted by TokAbah > 2022-09-12 09:10 | Report Abuse

hope my chart won't lies.

Posted by scjm > 2022-09-12 09:50 | Report Abuse

what a shame, after so much foreplay it is still not aroused ...perhaps when sampai 84-85 baru ala nampak excitement

Posted by Trevor777 > 2022-09-12 10:13 | Report Abuse

Think the shame is on you!

Posted by Trevor777 > 2022-09-12 10:13 | Report Abuse

Just close your eyes, and promise it won't hurt so much......hahahaha

TokAbah
hope my chart won't lies.

Posted by MightyAvenger > 2022-09-12 11:06 | Report Abuse

Want to start WARS again, MF ??

Posted by TokAbah > 2022-09-12 11:08 | Report Abuse

Trevor777,
Yeah, it shows dropping liao...

Posted by scjm > 2022-09-12 11:26 | Report Abuse

a bullish ab=cd pattern works all the time...so not to worry....believe! the pattern akan jadi , dont believe! the pattern tetap akan jadi ..tak payah bimbang lah

Posted by Trevor777 > 2022-09-12 11:35 | Report Abuse

Other penny stocks also breached 1.00, you're still same spot????? So bodooooooh...

a b c d e f g....sounds like a kindergarten classroom......

Posted by Trevor777 > 2022-09-12 12:19 | Report Abuse

Tak malu ke? Adult singing kindergarten alphabets.....

Posted by Gaussian > 2022-09-12 14:51 | Report Abuse

Always expect the unexpected. Lol