1.8 million profit is not limit up to me, more to limit down instead........look at all the previous qtr profit history, surely don't look at the red part.......
your reaction to the latest quarter result depend on whether you holding the stock or not..and negative comment usually came from people who sold early or worse case cut loss for being impatience
Dnex registered RM309.8 million in revenue comprising RM138.0 million from its Technology segment, representing 45% of total revenue. Its Energy business contributed RM105.9 million or 34% of revenue and RM65.9 million came from its Information Technology (IT) business, representing 21% of revenue. Excellento
A coin has 2 sides. Coin without 2 sides is not a coin. Any Share market without Bull and bear is not a Share market. It all depends on whether you are on Bull's side or Bear's side. Don't fight ! Join the fun.
It is hard for government to appoint Theta for NIISE (over RM1B) because of the size of the company NOSH of RM118 million (just slightly over 10% of the NIISE). Unless there is proof of financial backing. As compared to DNeX, the cash on hand is over RM600+ million.
Cut loss will depends since when you are holding actually, you try those holding above 50c and worst if even got those around 1, unless you keep averaging down from time to time which is also very risky, try look at the qtr historic, you will know how the profit keep down from all time high on those were the days...........hundred over millions to now even red and pitiful 1.8 million++ profit......
As at March 31, 2024, the Group is in a healthy net cash position with total cash balance of RM630.6 million, exceeding total borrowings of RM252.4 million.
Yes, correct future earning which is why you can see the drastic drop in DNEX price as people already predict today's earning......then what will be the so called future earning prediction.....seriously there is no news at all that make us know the future big earning, so called NIISE is not confirm, MOU is just talking, then the rest existing business will not out of sudden skyrocket profit........bcs like you said there is no such prediction among the IB also as one.........
@ken sometimes we can be rational, but we also have to respect the market. You're right, DNEX came down so low for good reasons, and other reasons...with the benefit of hindsight now you know that was to flush out many shareholders
You're thinking along the line of current performance, or a bleak future performance. The market price movement is suggesting there's something that we dont know yet that could be happening imminently
Dont get me wrong...not suggesting it is fundamentally very good or undervalued or whatever...DNEX is for speculators and that's what it is. From a speculative pov, technically it still looks very good.
Example, there is noise on getting NISSE, so did this already price in on the future earning on the current price, maybe a little, so if DNEX don get, then the price will crash down or anymore future earning charge on current price movement.......
Or maybe just bcs of the PP, so die die also they have to make the price up and then after PP will need to see how...........with no news, no real contract, not able to sustain long the movement.........
The QTR factor already gone, as previously i was thinking maybe the qtr is impressive to move the price but now it is just better than in red, nothing impressive.......
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....
anson938
2,021 posts
Posted by anson938 > 2024-05-27 19:13 | Report Abuse
Good...