DAGANG NEXCHANGE BERHAD

KLSE (MYR): DNEX (4456)

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Last Price

0.415

Today's Change

0.00 (0.00%)

Day's Change

0.405 - 0.42

Trading Volume

13,124,200


58 people like this.

101,845 comment(s). Last comment by priitprit 1 hour ago

KingDavid

2,666 posts

Posted by KingDavid > 2024-03-01 09:22 | Report Abuse

Maybe there is a reason why no real bosses want to put their money in because of the interferences from ?

KingDavid

2,666 posts

Posted by KingDavid > 2024-03-01 09:31 | Report Abuse

The share price is cheap but if the management team does not posses the right management skill, I could not find a reason to buy. EPF is people's money. Any right minded captain will at least come out and explain the situation. Otherwise, pack your bag and do the right thing.

Posted by Silent 88888 > 2024-03-01 09:43 | Report Abuse

what you want him to do
the position should be china company held more than half to control the company
but after reach the dateline to convert
then said the company must be bumi to keep on manufacture
then how to settle
still on court case
cannot reveal
just dont put too much faith on the court case
hold little and see wait rebound

KingDavid

2,666 posts

Posted by KingDavid > 2024-03-01 09:53 | Report Abuse

Silent 88888 that is only applied to Siltera. Not DNeX. Hon Hai holds 120 millions shares @RM0.9, Hon Hai is having paper loss of RM67 million. Hon Hai will not put in any more money after experiencing the current captain performance.

KingDavid

2,666 posts

Posted by KingDavid > 2024-03-01 09:56 | Report Abuse

Don't expect the JV between Hon Hai and DNeX to go ahead unless Hon Hai is controling the subsidiary.

KingDavid

2,666 posts

Posted by KingDavid > 2024-03-01 09:58 | Report Abuse

CGP is a good example.

KingDavid

2,666 posts

Posted by KingDavid > 2024-03-01 10:01 | Report Abuse

We should send representatives to the AGM to voice the disapproval performance of the BOD. We should write to the top 10 biggest shareholders to remove the captain.

SinGor

4,970 posts

Posted by SinGor > 2024-03-01 10:01 | Report Abuse

You must know the History of Dnex undertakings to understand this Co. chaotic Decision----- Basically Bumi
take over this Time Engineering Co which is just a Electrical Wiring Co (a small Co---7 years to make a profit ).
Then they Got " jalan " secure Gov Digital / Software installation---Still wiring Co but sub-sub Gov contract (Soft
ware installation ) to many Chinese Installers ( very little margin Left ). New Oil Ceo came-in, change to Oil
prospecting but Petronas hands are Full of Bumi Contractors----Then approach Gov for NIIS ( now digital IC )
but Muhyddin has his own "maicai "---So lastly score Big, Bought Silterra ( Sold by Khazanah but it is close to
Bankrupt----100mil loss every year for 10yrs )

duatlai

280 posts

Posted by duatlai > 2024-03-01 10:04 | Report Abuse

Serbadnex BHD

duatlai

280 posts

Posted by duatlai > 2024-03-01 10:09 | Report Abuse

Tesla is an example: no bumi shareholder by pmx.

KingDavid

2,666 posts

Posted by KingDavid > 2024-03-01 10:30 | Report Abuse

Why did the top 10 shareholders put in their money? I don't understand their intention. CGP did not buy DNeX shares that I can understand now. Hon Hai bought 120 millions DNeX shares wanted to secure the supply from Siltera with their man in Siltera. EPF ? and still others?

anson938

2,026 posts

Posted by anson938 > 2024-03-01 10:34 | Report Abuse

Hpafu went up to 1.84,tech stock record high liao..

KingDavid

2,666 posts

Posted by KingDavid > 2024-03-01 10:35 | Report Abuse

Now someone needs to defend the share price @RM0.34. What a pity? How can any GLC progress if the mentality of those in positions do not make an effort? It seems to get into the positions is the end of their efforts, not the beginning to make it successful.

KingDavid

2,666 posts

Posted by KingDavid > 2024-03-01 10:37 | Report Abuse

Maybe it is the EPF, the people's money who is defending the share price @RM0.34. What a pathetic situation? If there is any dinity left for the top management, resign is the only option.

MiddleAge

29 posts

Posted by MiddleAge > 2024-03-01 10:53 | Report Abuse

For prospective EV chip business, as I said earlier Apple now drop their EV project. As the main manufacturer for Apple devices, Foxconn's plan on EV manufacturing would be affected (as they knew their own brand doesn't have a chance against China and Tesla), which mean they might change their investment plan.
Back to Malaysia, Dnex is working with Foxconn to secure a JV for a 28 nano or 40 nano fab (mainly for EV chips manufacturing), so with business plan change on Apple which reflected all the way down to Foxconn. Do you think Dnex JV with Foxconn still continue? In fact, Dnex is super slow (maybe due to the working culture or lack of "guts" when there is no one in government to support).

Posted by Silent 88888 > 2024-03-01 10:56 | Report Abuse

I dont doubt if DNEX is a foreigner company how much value it will worth
it's like a golden goose but lay shitty eggs

KingDavid

2,666 posts

Posted by KingDavid > 2024-03-01 11:16 | Report Abuse

MddleAge, the control of the subsidiary is the main reason for not feasible to go ahead. Even though Geely owes only 49% of Proton but the control is under Geely. The current captain still cannot reflect what went wrong during his time in Proton. DNeX will be the old proton till we find "Geely" in DNeX.

UncleFollower

1,771 posts

Posted by UncleFollower > 2024-03-01 11:42 | Report Abuse

Apparently no one cares about DNEX...can't find any news write up on latest results, not even the Edge lol

KingDavid

2,666 posts

Posted by KingDavid > 2024-03-01 11:44 | Report Abuse

The ego of the captain maybe the cause of the dispute for an agreed 5 board members in Siltera ( 2 from DNeX and 3 from CGP). Obviously who was the one who caused the dispute. Never learnt from the lesson in Proton.

KingDavid

2,666 posts

Posted by KingDavid > 2024-03-01 11:48 | Report Abuse

Till DNeX finds a"Geely", no one will pay any attention.

vitac

528 posts

Posted by vitac > 2024-03-01 11:49 | Report Abuse

Still keep not even sell a single share, still buying but slowly.. maybe 5L to 8L each time...

KingDavid

2,666 posts

Posted by KingDavid > 2024-03-01 11:50 | Report Abuse

I am just hoping that when no one is interested in the company, someone who may have already put in place a plan to take over with the blessing of the current unity government.

UncleFollower

1,771 posts

Posted by UncleFollower > 2024-03-01 12:02 | Report Abuse

Looks quite attractive la, "quietly" gapped down and now hovering at this price give new traders chance to punt, old traders chance to average down. We all know this is a goreng stock. They dont report 600M loss I can accept already lol

Posted by Trader1234 > 2024-03-01 12:30 | Report Abuse

actually seem price holding quite ok despite surprise loss this qtr. ingat boleh jatuh bawah 30c!

UncleFollower

1,771 posts

Posted by UncleFollower > 2024-03-01 12:48 | Report Abuse

Volume not there yet. If today can do 50M shares and close ar 345-350, that should be quite bullish

KingDavid

2,666 posts

Posted by KingDavid > 2024-03-01 15:19 | Report Abuse

It could be due to the PP that they have to maintain the price.

Diego66

138 posts

Posted by Diego66 > 2024-03-01 15:26 | Report Abuse

Q3 sank into red because of its negative gp margin coming from its Technology division...

KingDavid

2,666 posts

Posted by KingDavid > 2024-03-01 15:29 | Report Abuse

Bad news has been announced and yet not many are willing to sell at this price. That is the only good news.

Posted by shareshark > 2024-03-01 16:16 | Report Abuse

losy MD and management team..goyang o0o and not improve company performance

ken2004

1,718 posts

Posted by ken2004 > 2024-03-01 18:45 | Report Abuse

Actually, those big shark already price in all this, they already know, see whether still can drop further if this company keep on bleeding............

Mixologist

122 posts

Posted by Mixologist > 2024-03-01 19:08 | Report Abuse

Maybe they’re waiting for Nvdia to make an offer lol

Posted by JamalHussien > 2024-03-02 21:01 | Report Abuse

Syed Zainal doesn’t feel shameful at his own self looking at the share price?

Also no guilt continue to extract salary?


What’s up with this kind of ego and menindas shareholders?

Gaussian

3,142 posts

Posted by Gaussian > 2024-03-03 08:29 | Report Abuse

Some more won the highest Islamic award in Malaysia lol

fl888

7,792 posts

Posted by fl888 > 2024-03-03 10:18 | Report Abuse

Next week, no more protest really,Syed Zainal & his cronies will push back Dnex to 40cts …for their own benefits..

duatlai

280 posts

Posted by duatlai > 2024-03-03 13:36 | Report Abuse

If siltera foundry were to lead by other people besides Syed or bin the value would be.....?
Imagine SilTera price at least Rm1 , Leap market.

Posted by JamalHussien > 2024-03-03 13:45 | Report Abuse

They organized a DARE event,

DARE to screw up share price
DARE to screw up shareholders
DARE to screw up key business partner CGP
DARE to change financial year end for nonsensical reason
DARE to be not 100% focus and post Middle East war stories on Instagram during work hours
DARE to smile and wave and do nothing at AGM
DARE to act serious kononnye at AGM
DARE to create lousy app that nobody downloads


After all, DARE to extract salary after screwing up

Posted by JamalHussien > 2024-03-03 13:49 | Report Abuse

Hope next is not EGO event,

EGO enough to ignore shareholders
EGO enough to deteriorate financial performance
EGO enough to ignore their incompetencies
EGO enough to not recognise that they are not the best people to lead the company
EGO enough to issue shares to themselves despite destroying company’s financial performance

After all, EGO enough to think they are the best people (whole Malaysia know they screwed up but themselves)

fl888

7,792 posts

Posted by fl888 > 2024-03-04 03:46 | Report Abuse

An EGM should be called by by >10% shareholders to remove the present CEO and BODs who are seen to be under performing and using Company name for personal selfish gain….

Mixologist

122 posts

Posted by Mixologist > 2024-03-04 09:00 | Report Abuse

Take screenshots of their social media posts and send it out to shareholders, including the wave and smile posts.

KingDavid

2,666 posts

Posted by KingDavid > 2024-03-04 09:16 | Report Abuse

We can only comment here but we can't do much.

KingDavid

2,666 posts

Posted by KingDavid > 2024-03-04 09:19 | Report Abuse

Unless there is news either on the top management team or better news on the dispute between CGP and DNeX, or solid news on government projects, the share price will not move.

fl888

7,792 posts

Posted by fl888 > 2024-03-04 09:32 | Report Abuse

Possible US may sanction Dnex for their actions....

KingDavid

2,666 posts

Posted by KingDavid > 2024-03-04 09:43 | Report Abuse

No lah! Who is DNeX in the eyes of the USA?

KingDavid

2,666 posts

Posted by KingDavid > 2024-03-04 11:44 | Report Abuse

Global market & local market are good at the moment, and so no pressure to sell down. Wait till markets turn from good to bad, then we can see whether the share price of DNeX is already reaching bottom.

Gaussian

3,142 posts

Posted by Gaussian > 2024-03-04 12:19 | Report Abuse

All Hamas supporters will be sanctioned by US

Gaussian

3,142 posts

Posted by Gaussian > 2024-03-04 12:20 | Report Abuse

Then just wait for money to fall from the sky. lol

Posted by NatsukoMishima > 2024-03-04 15:49 | Report Abuse

Wah jamal condemn kaw kaw !

Posted by NatsukoMishima > 2024-03-04 15:52 | Report Abuse

I wonder what will all the sabotage mouth reaction if dnex rebound kaw kaw suddenly !

Mixologist

122 posts

Posted by Mixologist > 2024-03-04 16:03 | Report Abuse

It’s nice to dream

Posted by BullishFei > 2024-03-04 16:09 | Report Abuse

susah utk investor dnex

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