Posted by Mixologist > 2024-03-20 14:43 | Report Abuse

Check out their FB updates and you know what actually keeps them busy.

Posted by Diego66 > 2024-03-20 17:35 | Report Abuse

What's their FB name, Mixologist?

Posted by Mixologist > 2024-03-20 22:14 | Report Abuse

Just look for Dagang Nexchange Berhad on FB.

Posted by anson938 > 2024-03-20 22:15 | Report Abuse

OTHERS DAGANG NeXCHANGE BERHAD ("DNeX" OR "COMPANY") - Extension of License P2451
DAGANG NEXCHANGE BERHAD

Posted by anson938 > 2024-03-20 22:21 | Report Abuse

KUALA LUMPUR (March 20): The Fyne Field oil field development licence for Hibiscus Petroleum Bhd's unit has been extended by 30 months by the UK's North Sea Transition Authority (NSTA).

Hibiscus’ indirect wholly-owned subsidiary Anasuria Hibiscus UK Ltd owns a 42.5% stake in the licence, with Ping Petroleum UK Plc, an indirect subsidiary of Dagang NeXchange Bhd, holding another 42.5% interest. Rapid Oil Production Ltd owns the remaining 15%.

NSTA approved the extension request for the second term of the licence from March 31, 2024 to Sept 30, 2026.

“A condition of the licence extension is that by Sept 30, 2026, the NSTA expects that the company will have achieved an approved Field Development Plan and Production Consent,” said Hibiscus in a stock exchange filing on Wednesday.

Hibiscus and Ping Petroleum bought into the licence in November last year, and the first oil is expected in 2026, whereupon Anasuria Operating Company Ltd — equally owned by Anasuria Hibiscus and Ping Petroleum — will take over as operator of the Fyne production from Anasuria Hibiscus.

Shares of Hibiscus gained six sen or 2.4% to RM2.58 on Wednesday, giving it a market capitalisation of RM2.08 billion.

Read also:

Hibiscus, Ping each take up 42.5% stake in Rapid Oil's Fyne Field in Central North Sea






Hibiscus secures approval to acquire 42.5% stake in Central North Sea oil field

Posted by 8dragon > 2024-03-21 13:12 | Report Abuse

This counter can wait and buy below 0.32....

Posted by UncleFollower > 2024-03-21 17:35 | Report Abuse

Isham files report against Farhash over HeiTech Padu shares

https://www.freemalaysiatoday.com/category/nation/2024/03/21/isham-files-report-against-farhash-over-heitech-padu-shares/

Posted by 143922 > 2024-03-21 21:03 | Report Abuse

Masih ada harapan lagi

Posted by Gaussian > 2024-03-21 21:17 | Report Abuse

So many opposition to htpadu. lol

Posted by Diego66 > 2024-03-21 23:21 | Report Abuse

@Mixologist. I see. Ty

Posted by UncleFollower > 2024-03-22 12:21 | Report Abuse

It's been so long since the CGP issue no one talks about it anymore...

I recall buying on the dip then averaging down further and then started being scared as it went lower and lower for the next 2-3 weeks lol

And then it miraculously went up and up and up and I made some handsome gains

Waiting for the same miracle this round 😆

Posted by UncleFollower > 2024-03-22 12:24 | Report Abuse

Back to CGP issue

Looking at how nationalistic and political we have become, it is really not surprising if Govt blocks majority stake by CGP. And politics aside, it's kind of fair afterall Khazanah sunk in so much to Silterra, it is not to benefit a foreign party...

So what if CGP wins, and Miti imposes condition? In all possible scenarios...it can't be that bad for DNEX. CGP can sell out, cos why hold on and die together if their existence cost the revocation of license...There is Foxconn to takeover...Or issue more shares and dilute both DNEX and CGP, new party also Msian...

How? How can DNEX lose in any outcome?

Posted by ken2004 > 2024-03-22 16:19 | Report Abuse

Silterra is no longer the cash cow anymore, as can see from DNEX losses and miss expectation on all the qtr so far.........

Posted by Mixologist > 2024-03-22 21:13 | Report Abuse

I thought someone was joking but it seems like they’re only doing religious stuff now

Posted by NatsukoMishima > 2024-03-25 08:39 | Report Abuse

Dnex future is in middle east digitalisatio , rm 4 -6 still intact , this is the best time to all in before 2nd wave bullish ! Got money just in !

Posted by 143922 > 2024-03-25 16:23 | Report Abuse

Ok.Tq Mr Doremon🤣🤣

Posted by Diego66 > 2024-03-27 17:32 | Report Abuse

NeXchange Bhd (DNeX) announced the extension of License P2451, held by its subsidiary Ping Petroleum UK PLC, for a further 30 months until September 30, 2026

https://themalaysianreserve.com/2024/03/20/dnex-and-hibiscus-petroleum-extend-license-expand-north-sea-ops/

Posted by NatsukoMishima > 2024-03-28 13:07 | Report Abuse

Only dnex qualified for mega project NIIS because good reputation !

Posted by Gaussian > 2024-03-28 17:17 | Report Abuse

Dnex will get the project because of the CEO strong prayers. lol

Posted by 143922 > 2024-03-28 20:33 | Report Abuse

👍

Posted by TCH1186 > 2024-03-28 23:33 | Report Abuse

Can average down dy ah? Me 77 liao. Mtf stock

Posted by Income > 2024-03-29 08:05 | Report Abuse

Xpeng flying
https://youtube.com/shorts/uRL0zSD3ACs?si=hNvnijuiWOnCvrLn

Posted by Income > 2024-03-29 08:24 | Report Abuse

https://youtube.com/shorts/xFUXUqXdy4c?si=bgV1lYoYrSwkZCQc

Posted by ken2004 > 2024-03-29 14:02 | Report Abuse

I just said market is showing us the cruel reality already point to you who is the favorite to get the immigration contract. whose shares flying but which shares keep dropping........

Posted by Ron90 > 2024-03-29 16:47 | Report Abuse

collection mode ...

Posted by Income > 2024-03-31 00:28 | Report Abuse

https://youtube.com/shorts/6ls_L-_JqFc?si=JADoLExa9UKZW02b

Posted by UncleFollower > 2024-04-01 18:09 | Report Abuse

DNEX sharks game plan is simple. Flatline the share at this low level. Flush out shareholders who lost patience, who stare at other counters flying while this one flatline. Matter of time before shareholders lose it and sell out for better buy.

Posted by UncleFollower > 2024-04-01 18:09 | Report Abuse

Then comes the big great push

Posted by SummerHoliday > 2024-04-02 00:47 | Report Abuse

Well said Uncle!

Posted by Mixologist > 2024-04-02 09:17 | Report Abuse

Imagination is a good thing

Posted by NatsukoMishima > 2024-04-02 14:54 | Report Abuse

Ping petroleum will bring huge np to dnex in future !

Posted by Ron90 > 2024-04-02 15:28 | Report Abuse

dont missed the boat

Posted by Ron90 > 2024-04-02 16:09 | Report Abuse

https://theedgemalaysia.com/node/706646

Posted by jazmaster > 2024-04-02 17:04 | Report Abuse

Yup, Ron90 and oil demand is rising too
https://www.reuters.com/markets/commodities/oil-gains-upbeat-manufacturing-data-escalating-middle-east-tensions-2024-04-02/

Posted by 143922 > 2024-04-02 22:20 | Report Abuse

Masih ada peluang.don worry la billis😂😂😂😂

Posted by KingDavid > 2024-04-03 09:28 | Report Abuse

All the good news and yet the share price maintains. That tell us that someone is pressing it down for a purpose.

Posted by SS13 > 2024-04-03 09:41 | Report Abuse

Price will only move when arbitration case is settled. We were told first quarter 2024 but did not happen. Just taking too long for a resolution.

Posted by KingDavid > 2024-04-03 10:00 | Report Abuse

I don't think arbitration case is the problem. It will settle with win win negotiations. What is more important is how to make more profit out of all the opportunities?

Posted by 8dragon > 2024-04-03 10:01 | Report Abuse

The bulk if Dnex income very much depends on semiconductor where global demand is still lacklustre...

Posted by Ron90 > 2024-04-03 10:49 | Report Abuse

arbtration case will favour Dnex, crystal clear. Oil got few licenses olready.. high chance to win niise project.. lets sit at the bottom for a while la.. anything below 40 is for grab.

Posted by SS13 > 2024-04-03 11:12 | Report Abuse

Last quarter
Silterra Income RM145M Loss RM31M. Oil Income RM97M Profit RM20M, Technology Income RM41M Loss RM10M. At the moment the only profitable business is Oil.

Posted by SS13 > 2024-04-03 11:13 | Report Abuse

a turnaround in Silterra and NIISE contract will certainly help

Posted by SS13 > 2024-04-03 11:17 | Report Abuse

Oil prices continue to stay above USD80

Posted by UncleFollower > 2024-04-03 11:37 | Report Abuse

Oil will continue to be hit by UK's crazy levy for a while. Dont expect oil to be super profitable unless oil prices go super super. But Oil biz + strong balance sheet actually, will lend support to DNEX share price in terms of bottoming out. Oil's play in DNEX is for them to sign up more license more MOUs whatever, then spin it off w hugeee potential to Zainal Abidin separate listing

Posted by UncleFollower > 2024-04-03 11:37 | Report Abuse

NIISE will certainly help sentiment but also smallish for DNEX

Posted by UncleFollower > 2024-04-03 11:39 | Report Abuse

DNEX need to deliver on Foxconn new fab plant, it's 12" and make Msia proud. And DNEX is weathering semicon slowdown, when it turnsaround Silterra will make a lot. In Silterra we trust 😆

Posted by i3Broly > 2024-04-03 13:45 | Report Abuse

"We are now going to invest in another fab with another partner,I have been appointed as advisory panel to the semiconductor task force of the government,we are giveing few suggestions,we want Malaysia to be the hub"- Tan Sri Syed Zainal ( Apa Cerita? Podcast) 1:30:46.

Latest info on the fab. Nothing much

Posted by UncleFollower > 2024-04-03 15:46 | Report Abuse

Interesting find thank you i3Broly

Posted by Ron90 > 2024-04-03 16:31 | Report Abuse

maybe foxconn waiting for the outcome from the arbitration court result, that related to beijing company. Its between China vs Taiwan investors

Posted by i3Broly > 2024-04-03 19:14 | Report Abuse

The best thing to do after a successful arbitration is to let go of ping and to use the fund to fight against the semiconductor down cycle. Becoming a tech pure play.