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

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

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

Bullcoming

848 posts

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

Trevor777

3,055 posts

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?????

Trevor777

3,055 posts

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!

Baby Shark

5,913 posts

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

Many projects.. 2 dollar coming

birdparadise

1,468 posts

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

Post removed.Why?

4dking777

400 posts

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

continue to collect until RM 1...

Gaussian

3,001 posts

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

Just collect when it’s cheap

Kanenites

4,487 posts

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

Post removed.Why?

TokAbah

1,205 posts

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

next week gonna be Semi Con play.
Buyyyyyy Dnex

Toyota78

131 posts

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

Trevor777

3,055 posts

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 ......

Trevor777

3,055 posts

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

Collecting dust or bulu???

Trevor777

3,055 posts

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

Gaussian

3,001 posts

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

When Nasdaq up always expect the unexpected. Lol.

Gaussian

3,001 posts

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

Get ready to buy even cheaper

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

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

Trevor777

3,055 posts

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

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

Trevor777

3,055 posts

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.

birdparadise

1,468 posts

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

Post removed.Why?

Gaussian

3,001 posts

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

Beware this week

TokAbah

1,205 posts

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

hope my chart won't lies.

scjm

2,583 posts

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

Trevor777

3,055 posts

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

Think the shame is on you!

Trevor777

3,055 posts

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 ??

TokAbah

1,205 posts

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

Trevor777,
Yeah, it shows dropping liao...

scjm

2,583 posts

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

Trevor777

3,055 posts

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......

Trevor777

3,055 posts

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

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

Gaussian

3,001 posts

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

Always expect the unexpected. Lol

Trevor777

3,055 posts

Posted by Trevor777 > 2022-09-12 14:54 | Report Abuse

You seem to be holding back a lot.......can share more tak???

TokAbah

1,205 posts

Posted by TokAbah > 2022-09-12 15:32 | Report Abuse

My chart never lies to me.
Finger crossed...

Posted by Jonathan Keung > 2022-09-12 16:00 | Report Abuse

Keeping fingers crossed for coming Budget incentives announcement

TokAbah

1,205 posts

Posted by TokAbah > 2022-09-12 16:26 | Report Abuse

Buy gahment related counter lorrr

Posted by loneranger3211 > 2022-09-12 16:28 | Report Abuse

It is a good day, GREEN

whaleing

249 posts

Posted by whaleing > 2022-09-12 16:29 | Report Abuse

Back to 90 sen soon

Posted by NatsukoMishima > 2022-09-12 17:40 | Report Abuse

@
Trevor777

2,983 posts

Posted by Trevor777 > 6 hours ago | Report Abuse

Other penny stocks also breached 1.00, you're still same spot????? So bodooooooh...
___________
How long other penny stock can sustain at high price si bodoh ni ?

Dnex with net cash 1 billion , 167 m qr np , bright future plan can very solid maintain price without big drop , this is a proper stock for u to keep before it skyrocket si bodoh !

Trevor777

3,055 posts

Posted by Trevor777 > 2022-09-12 17:48 | Report Abuse

LOL, japanese whore knows how to talk!!! so surprised. Always thought her mouth was only for Bjobs....

Dx can breach 1.00 then talk better lor. Or your first TP 4-6 when????
Before that also shout back to 1.33 within weeks??....ZZzzzzzzz....yawn that was months ago.

You should know you cannot just put a price like you do on your own abalone....no buyers lah.......hehehehehe

Trevor777

3,055 posts

Posted by Trevor777 > 2022-09-12 18:39 | Report Abuse

According to the japanese whore, Dx was able to stay above 1.00 for some time before going down like how she does between the legs.......

Can show how it's done....again???

Trevor777

3,055 posts

Posted by Trevor777 > 2022-09-12 19:18 | Report Abuse

Nothing here more to see, folks. Japanese whore done her once a week round today and has left. Hope you have enjoyed your Bjob and the quickie........until next week.......

Posted by MightyAvenger > 2022-09-12 22:38 | Report Abuse

Admin has done a good job for deleting Birdparadise post today. But why always seem s no action the worse Trevor 777 whose posts are always hauling insults, abuse , mockery at nearly everyone else ???????

Gaussian

3,001 posts

Posted by Gaussian > 2022-09-13 07:49 | Report Abuse

Always expect the unexpected. Lol

Kanenites

4,487 posts

Posted by Kanenites > 2022-09-13 08:05 |

Post removed.Why?

Gaussian

3,001 posts

Posted by Gaussian > 2022-09-13 08:34 | Report Abuse

Don’t chase. Lol

Trevor777

3,055 posts

Posted by Trevor777 > 2022-09-13 09:31 | Report Abuse

Chase what? You mean take a dive????

Trevor777

3,055 posts

Posted by Trevor777 > 2022-09-13 09:33 | Report Abuse

Still same spot?...Oopps....RED already.

You no shame meh? Still wearing your stinking unwashed month old RED panties from Victoria Secrets.............hehehehe

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