My wish list is to turn all three biz segments - Energy, Technology and IT - to profitability. Then to IPO list them while Dnex maintains control of the majority shares.
if drop till 20 cent and you jump in, unless you want to wait for years as to crash out of sudden means very very bad news for future earning, so the possibility to recover back is nowhere to see else why people throwing lol
Orcadian Energy (AIM: ORCA) is delighted to announce the completion of the previously announced farm-out of an 81.25% interest in licence P2244, which contains the Pilot field, to Ping Petroleum UK plc (“Ping”). Ping is focused on shallow water offshore production and development opportunities and has a significant acreage holding to the East of Pilot.
Six months ago, 35 sen seemed farfetched. The same “will you dare to buy if it drops there” questions were suggested.. Now people are still here and talking about buying. Twenty sen is not impossible.
Some mention oil but is DNEX really have oil impact actually? This is the thing about DNEX, their main business is what actually, all the while for me is tech stock.......
To me, it is not about whether 20 cent impossible but there is no point to wait to catch the falling knife, if you believe it will crash to 20 cent below, you won't be buying anymore this stock as it is already hopeless lol, just like if you know the situation as this when 60c++, then you mention I will buy at 35c++, will you still buy like now lol, you won't as it is hopeless unless you know some insider news anything that will change the profit projection...........
Thats why I said unless you got insider news, it is their direction, not our thinking, are they really into oil or it is just one of their sub business, DNEX fly all this while not because of the oil, why now out of sudden they will fly due to their oil.......
Dnex has 3 focus areas - Energy, Technology and IT & Innovation. All 3 have their own CEOs and can actually be independent companies. All play an important role for Dnex.
Anyway, DNEX got where into their previous high all because of tech, without the tech part, I can hardly see any breakthrough, maybe the recent very slim immigration contract. As for their oil part, nothing really outstanding on that to push the price up.
last time.. before they secured 3 more North Sea licenses !.. and arbitration and Niss results should be around the corner (i believe in less than 3 months). Considering all bad factors have be discounter, last week, start investing in this company heavily.. In my opinion, rock bottom already at 35 cents. The only way left is .... UP !.. hehe.
Erm, if NISS not able to get? As all this factor into hitech padu, about that 3 licence of oil, it is known long ago already, but no drastic movement which already tell you it is not as excited as you think it is, the so called arbitration totally disappointment which been talk for ages already........
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
8dragon
2,250 posts
Posted by 8dragon > 2024-04-04 08:32 | Report Abuse
Good buy @ 0.30-0.35...