DAGANG NEXCHANGE BERHAD

KLSE (MYR): DNEX (4456)

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Last Price

0.415

Today's Change

-0.01 (2.35%)

Day's Change

0.41 - 0.425

Trading Volume

23,196,500


58 people like this.

101,843 comment(s). Last comment by vellfire14 0 seconds ago

8dragon

2,250 posts

Posted by 8dragon > 2024-03-11 13:17 | Report Abuse

This company always has explosive news which is never materialized... Serba Dinamik served as a good lesson making investors bankrupt. Just be extra careful with Dnex as thing could happen unexpected.

Posted by Balian de Ibelin > 2024-03-11 13:23 | Report Abuse

explosive news?
the dumped ancient old fpso exploded?

ken2004

1,718 posts

Posted by ken2004 > 2024-03-11 13:47 | Report Abuse

With myeg into htpadu, think high possibility htpadu getting the NISS, so better don place much hope for dnex......

8dragon

2,250 posts

Posted by 8dragon > 2024-03-11 16:21 | Report Abuse

The problem is Dnex has no expertise at all to implement the NISS still can be included for a final selection....

KingDavid

2,666 posts

Posted by KingDavid > 2024-03-11 16:33 | Report Abuse

Theta and HTPADU are flying.

Gaussian

3,141 posts

Posted by Gaussian > 2024-03-11 19:55 | Report Abuse

Dnex is the dark horse in NISS project. lol

Posted by Jasonwant You > 2024-03-11 20:14 | Report Abuse

If Theta and Htpadu either one get the NIIS project, the insider will get trouble leak out the news. So both of them wont get it

Gaussian

3,141 posts

Posted by Gaussian > 2024-03-11 20:26 | Report Abuse

Logically if either one get the project only one should be flying. lol

ken2004

1,718 posts

Posted by ken2004 > 2024-03-11 22:14 | Report Abuse

dream for dnex to get as too risky for the country, the most reliable will be htpadu as the existing system provider. so i cannot see how dnex can win........

Posted by Jasonwantyou > 2024-03-11 22:25 | Report Abuse

Both counter know that they wont get the NIIS thes why they take this opportunity to goreng lo. Do u guy notices that buying rate quite high for dnex? They are collecting now n rocket up once they secure it when announcement

KingDavid

2,666 posts

Posted by KingDavid > 2024-03-12 09:29 | Report Abuse

No bosses in DNeX, how to goreng? Real bosses in HTPADU & Theta and so take advantage to goreng lah ! Whether get NIIS or not, that is secondary. Goreng first make money.

KingDavid

2,666 posts

Posted by KingDavid > 2024-03-12 09:55 | Report Abuse

Based on the trading vol of HTPADU & Theta, their shares are likely cornered. Nothing to goreng also.

SinGor

4,970 posts

Posted by SinGor > 2024-03-12 11:42 | Report Abuse

HT-Padu is Not in latest Bid list ( say my friend )---NIIS-e will be broken up into many Contracts to avoid
corruption and call by MACC. I think IRIS is the only Co. that can take NIISe but their contract is terminated
by Anwar-----There is No competent Co in Malaysia that can complete NIIS-e----How????

SinGor

4,970 posts

Posted by SinGor > 2024-03-12 11:45 | Report Abuse

There are 2 countries that can provide facial Recognition and Others Digital Bio at Reasonable Price----China
and Israel

UncleFollower

1,771 posts

Posted by UncleFollower > 2024-03-12 13:39 | Report Abuse

Why when people talk DNEX sekali Palestine sekali Israel 🤣

8dragon

2,250 posts

Posted by 8dragon > 2024-03-12 14:41 | Report Abuse

Dnex has government connection and backup, no hurry to goreng now, once finalized to get the project then time to explode... "still waters run deep"

Gaussian

3,141 posts

Posted by Gaussian > 2024-03-12 15:38 | Report Abuse

Shariah counter under Islamic CEO cannot goreng like in casino. The money is not halal. lol

younglean

237 posts

Posted by younglean > 2024-03-12 16:31 | Report Abuse

They can say it as pelaburan not judi. Like Malay eat 'Chick' Kut Teh, not Bak Kut Teh

Posted by stonedInvest > 2024-03-12 16:33 | Report Abuse

chi kut teh is nice also mah

143922

518 posts

Posted by 143922 > 2024-03-12 22:13 | Report Abuse

Punai kau lah

oppstar

18 posts

Posted by oppstar > 2024-03-13 07:47 | Report Abuse

Not so difficult and there is so many company can do it.

https://www.straitstimes.com/singapore/passport-less-clearance-to-be-rolled-out-at-all-checkpoints-from-2024

Illvya

14 posts

Posted by Illvya > 2024-03-13 15:25 | Report Abuse

my grandmother also can do it

Diego66

136 posts

Posted by Diego66 > 2024-03-13 16:00 | Report Abuse

It seems easy, but when you want to do it, you will encounter a lot of difficulties

ken2004

1,718 posts

Posted by ken2004 > 2024-03-13 17:42 | Report Abuse

When result will out? I q lower tat day when price can crash below 0.30 lol

i3Broly

46 posts

Posted by i3Broly > 2024-03-13 18:26 | Report Abuse

Last date for proposal submission is 26 of March

younglean

237 posts

Posted by younglean > 2024-03-14 10:40 | Report Abuse

next qr need to wait end of May, bro

ken2004

1,718 posts

Posted by ken2004 > 2024-03-14 21:39 | Report Abuse

HeiTech Padu Bhd saw Datuk Farhash Wafa Salvador emerge as a new substantial shareholder with an indirect interest of 15.9% or 16.1 million shares acquired earlier this week.

This news will tell you how slim DNEX chance already lol

i3Broly

46 posts

Posted by i3Broly > 2024-03-14 22:35 | Report Abuse

PN Cytros are already on the news lol this might sabotage the chances of HTP

SinGor

4,970 posts

Posted by SinGor > 2024-03-15 09:21 | Report Abuse

nowadays DonT mention who has connection in Gov to get contracts---99% they get Call from MACC

KingDavid

2,666 posts

Posted by KingDavid > 2024-03-15 11:19 | Report Abuse

If HTPADU awarded with NIIS because of Datuk so and so, then the current PM will be blamed because of the connection with his formal political secretary. Anything still can happen.

Mixologist

122 posts

Posted by Mixologist > 2024-03-15 11:49 | Report Abuse

Why do they still need private placements?

UncleFollower

1,771 posts

Posted by UncleFollower > 2024-03-15 14:07 | Report Abuse

It's for Ping Petroleum's Petronas contract. Ping is worth maybe less than 500M before this deal. This CEO likes to think big. I think it remains in plan to spin off Ping in due time, but he wouldn't do it when it's smallish. There could be more M&A, or falling back on his connections, Petronas, before ultimately spinning off Ping.



Mixologist

Why do they still need private placements?

2 hours ago

UncleFollower

1,771 posts

Posted by UncleFollower > 2024-03-15 14:12 | Report Abuse

TSMC's 110% rally draws caution, even from the bulls
15 Mar 2024 12:40

THE rapid ascent in Taiwan Semiconductor Manufacturing Company (TSMC) is making it harder to ignore risks for the world's largest contract chipmaker, even for its staunchest supporters.

TSMC's shares have surged more than 110 per cent from an October 2022 low amid the global investor mania over artificial intelligence (AI), tracking gains in key customer Nvidia. Although AI-related revenue accounted for just 6 per cent of TSMC's total revenue last year, the market has been pricing in a big jump in that figure on the promise of an explosion in demand.

The stock's relative strength index has been in overbought territory for much of the past two months, signalling the rally has gone too far, too fast. It is also surged to its biggest premium on record over the average analyst price target.

Morningstar analyst Phelix Lee has one of the street's highest targets, but admits some nervousness over how long AI growth can remain at elevated levels. His estimate of NT$950 implies an upside of more than 20 per cent.

"If I look at the order book, I would be a little bit concerned of how sustainable the AI demand is across the time span of three to five years, because you cannot really spend several tens of billions on data centres every single year," Lee said.

TSMC in January said its AI revenue is growing at 50 per cent annually and should comprise somewhere in the "high-teens" by 2027. The company is building plants in the US, Japan and Germany as it races to supply needs for AI chips used in data centres operated by global powerhouses including Amazon.com and Microsoft.

Geopolitical concerns cloud the outlook, given Washington-Beijing trade tensions and the possible impact of this year's US presidential election. Morningstar's Lee said it is unclear whether TSMC's strong order book has been powered mainly by end demand for AI products or inventory stocking by American clients looking to hedge policy uncertainty.

Another risk is how quickly Apple ? which accounts for more than 20 per cent of the Taiwanese foundry's sales ? can counter the downturn in the smartphone industry and succeed in adding AI features to its devices, according to Kevin Wang, an analyst at Mizuho Securities Asia.

"For iPhones, indeed we saw the demand actually is getting weaker in China, so that might have some potential risk for their orders," Wang said.

Despite such worries, both Morningstar and Mizuho remain optimistic about TSMC's stock, which has 35 buy ratings and just one hold recommendation, with zero sell calls.

While the debate about overheating continues to track the prolonged global AI rally, analysts seem to agree that valuation is not a concern for TSMC. The stock is trading at 16 times estimated earnings for next year, which is about in line with its five-year median and ranks near the lowest in a gauge of major global chip peers.

"It is hard to draw a conclusion that there is a bubble in AI stocks," said Daniel Liang, a Taipei-based portfolio manager at Cathay Securities Investment Trust, whose fund has TSMC as one of its biggest holdings. "For any company that has more than 10 per cent revenue contribution from AI, a valuation of 30 times to earnings is not demanding to me." BLOOMBERG

ken2004

1,718 posts

Posted by ken2004 > 2024-03-15 17:58 | Report Abuse

seriously, you see the price like this also you know DNEX situation..........those people won't simply buying htpadu for no reason......

Gaussian

3,141 posts

Posted by Gaussian > 2024-03-15 18:58 | Report Abuse

Cronism In htpadu. lol

Gaussian

3,141 posts

Posted by Gaussian > 2024-03-15 19:00 | Report Abuse

Confirm htpadu won’t get the NISS project. lol

Diego66

136 posts

Posted by Diego66 > 2024-03-18 09:36 | Report Abuse

Then MYEG will get it? 😆

8dragon

2,250 posts

Posted by 8dragon > 2024-03-18 10:10 | Report Abuse

All are not qualified. Eventually Iris will come in to lead the implantation by forming a consortium. I play risk buying Iris instead of Dnex.

anson938

2,026 posts

Posted by anson938 > 2024-03-18 10:44 | Report Abuse

2 week more to go hari raya holiday.....

anson938

2,026 posts

Posted by anson938 > 2024-03-18 10:49 | Report Abuse

Could it pass 0.40 before raya???

8dragon

2,250 posts

Posted by 8dragon > 2024-03-18 12:00 | Report Abuse

Will drop below 0.33 soon...

younglean

237 posts

Posted by younglean > 2024-03-18 21:24 | Report Abuse

Up or down? Open betting before Raya 😁

MiddleAge

29 posts

Posted by MiddleAge > 2024-03-19 12:02 | Report Abuse

when I losses RM 8K in Dnex in Jan, I sold them off and turn all to Sunway. Now I earn RM 25K from Sunway less than 2 month. I come back and check Dnex, still the same price as when I sold Dnex. What should I say?

Gaussian

3,141 posts

Posted by Gaussian > 2024-03-19 18:05 | Report Abuse

Kelantan sultan own htpadu. lol

ken2004

1,718 posts

Posted by ken2004 > 2024-03-20 00:18 | Report Abuse

LOL, seriously DNEX no chance to get, htpadu got connection, even the current provider, so many advantage...........

8dragon

2,250 posts

Posted by 8dragon > 2024-03-20 07:57 | Report Abuse

A lousy CEO of a company is reflected by the share price.. lol

anson938

2,026 posts

Posted by anson938 > 2024-03-20 10:36 | Report Abuse

Yeah! Cash out for raya @low price, its adnornal

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