DAGANG NEXCHANGE BERHAD

KLSE (MYR): DNEX (4456)

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Last Price

0.415

Today's Change

-0.015 (3.49%)

Day's Change

0.415 - 0.43

Trading Volume

14,247,500


58 people like this.

101,971 comment(s). Last comment by Wixson 8 hours ago

Gaussian

3,001 posts

Posted by Gaussian > 2022-07-16 09:15 | 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

Gaussian

3,001 posts

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

Dnex sue or got sued?

firehawk

4,780 posts

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 !

XenDee

167 posts

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

BobAxelrod

8,255 posts

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????

BobAxelrod

8,255 posts

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

Post removed.Why?

BobAxelrod

8,255 posts

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

Post removed.Why?

Posted by SarifahSelinder > 2022-11-18 15:31 | Report Abuse

Pada hikmat Sarifah

Sykt China suka je bikin economic benefit shareholdings whereby profit dia ambil tapi not control of company (refer JAKS Vietnam IPP)

MITI x faham

icecool

4,894 posts

Posted by icecool > 2022-11-18 15:50 | Report Abuse

so monday limit up or limit down ?

Cuncun7

65 posts

Posted by Cuncun7 > 2022-11-18 15:54 |

Post removed.Why?

BILLC

2,042 posts

Posted by BILLC > 2022-11-18 16:31 | Report Abuse

Limit down again on Monday if Mohaidin lose in Pagoh,,,

SinGor

4,768 posts

Posted by SinGor > 2022-11-18 16:47 | Report Abuse

https://oilprice.com/Latest-Energy-News/World-News/UK-Hikes-Windfall-Taxes-On-Oil-And-Gas-To-35.html

British windfall Tax on NorthSeas Oil is now 35% from 2023 to 2028. Dnex hit by falling Ladder too

Michael Kwok

6,251 posts

Posted by Michael Kwok > 2022-11-18 17:51 | Report Abuse

Dun becareful die.advice people sell 70 cents,80 cent,90 cents range many month ago.now there understand.
18/11/22 5.50pm

Michael Kwok

6,251 posts

Posted by Michael Kwok > 2022-11-18 17:53 | Report Abuse

Mabel the Big meow,meow do u see i ask u to sell dnex.its really dive.its really big downward till 17/11/22 i see the news.dnex down big time.

c2k9791

270 posts

Posted by c2k9791 > 2022-11-18 18:11 | Report Abuse

This week LD, next week LU......Helicopter...Helicopter

BobAxelrod

8,255 posts

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

Lang meee si lang, kui meee si kui.......si ham mit????

i3lurker

oil good do oil

chips good do chips

Posted by WinBigOrLoseAll > 2022-11-18 19:05 | Report Abuse

more keen to know if dnex already took 100m from Mimas, if they didn't take the money then this should be easy to settle

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-11-18 19:28 |

Post removed.Why?

Mabel

23,505 posts

Posted by Mabel > 2022-11-18 19:36 | Report Abuse

Michael Kwok Mabel the Big meow,meow do u see i ask u to sell dnex.its really dive.its really big downward till 17/11/22 i see the news.dnex down big time.
18/11/2022 5:53 PM

Meow Michael. Fortunately, Mabel is not like Blondi still hanging like Monkeys at Hibi when people oledi locked profit at RM 1.30..

Yes lah..Now it's an opportunity to collect at a bargain price...

To Our Success!

Meow Meow Meow

drken91

339 posts

Posted by drken91 > 2022-11-18 19:37 | Report Abuse

where is that Japanese whore? hahaha

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-11-18 19:43 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-11-18 19:45 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-11-18 19:51 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-11-18 19:55 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-11-18 20:12 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-11-18 20:14 |

Post removed.Why?

Gaussian

3,001 posts

Posted by Gaussian > 2022-11-18 20:19 | Report Abuse

No worries. A new and bigger partner will emerge

Gaussian

3,001 posts

Posted by Gaussian > 2022-11-18 20:21 | Report Abuse

It will be revealed

XenDee

167 posts

Posted by XenDee > 2022-11-18 20:28 | Report Abuse

buy the dip

Sharewire

240 posts

Posted by Sharewire > 2022-11-18 20:28 | Report Abuse

You had to protect yourself.
They wont protect you.
Everything is ok say by Do Kwan and Sbf Ftx.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-11-18 20:33 |

Post removed.Why?

vespa

870 posts

Posted by vespa > 2022-11-18 20:33 | Report Abuse

DNEX's logic is unfathomable. Deception knowing full well MITI or Malaysian govt wont cede control of Silterra. Just what were the fools in DNEX thinking by doing one over the Chinese partner.

XenDee

167 posts

Posted by XenDee > 2022-11-18 20:34 | Report Abuse

ready your bullet

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-11-18 20:38 |

Post removed.Why?

rr88

6,530 posts

Posted by rr88 > 2022-11-18 20:45 | Report Abuse

Hu hu hu... mati la. The more you wait, the more pain you will suffer.

Underlying technicals hv been damaged big time.

The path is set for journey to the bottom:

0.72 => 0.57 => 0.67 => 0.57 => 0.455 => (you are here) => 0.56 => 0.455 => 0.35 => 0.45 => 0.35 => 0.25 => range bound hybernation 0.20 - 0.30 until hit by worldwide recession => 0.10.

A path to SEPULUH SEN ultimate bottom has been cast yesterday when it broke multiple parallel strong 18 month old supports in one go to hit limit down.

Habis lah y'all...

Gaussian

3,001 posts

Posted by Gaussian > 2022-11-18 20:56 | Report Abuse

Hahaha so CGP wants to bite and never let go of Dnex like a rabies dog ?

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2022-11-18 20:57 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-11-18 21:02 |

Post removed.Why?

Gaussian

3,001 posts

Posted by Gaussian > 2022-11-18 21:34 | Report Abuse

Hahaha ya that’s right. Ya so if Dnex is not going to pay will CGP going to back off?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-11-18 22:04 |

Post removed.Why?

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