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

24,965,500


58 people like this.

101,997 comment(s). Last comment by UncleFollower 5 hours ago

curiousq

939 posts

Posted by curiousq > 2024-01-18 22:01 | Report Abuse

OMG !!! put too much hope on Siltera under bumiputera

Income

10,601 posts

Posted by Income > 2024-01-19 05:01 | Report Abuse

In Japan under Bushido code of ethics, bringing shame to family is already considered hara kiri. What more to say bring shame to company?

fl888

7,627 posts

Posted by fl888 > 2024-01-19 05:58 | Report Abuse

Having a 100% Malay BODs, they looks like doing Ali Baba style of business and really cannot go far in negotiation unless they change or appoint effective BODs…expect DNEX to break 3Octs or even LD price so that 323 million PPs will be fixed at 20cts for personal advantage to the BODs cronies…

fl888

7,627 posts

Posted by fl888 > 2024-01-19 07:06 | Report Abuse

Anybody know about the latest on MACC action against key managements of SilTerra Malaysia Sdn Bhd 0n 09-09-2021 and the latest case on the BODs issue….

Gaussian

3,001 posts

Posted by Gaussian > 2024-01-19 09:03 | Report Abuse

Claim to be so Islamic and even won an Islamic award but manage the company like shit. lol

fl888

7,627 posts

Posted by fl888 > 2024-01-19 09:14 | Report Abuse

May follow Widad…

SinGor

4,770 posts

Posted by SinGor > 2024-01-19 09:22 | Report Abuse

Dnex beware, with so many fouled mouth Lepak kaki analyst camping here,----things are getting worse

Posted by Mixologist > 2024-01-19 09:30 | Report Abuse

Who proudly announced their purchase at above 43 sen??

Kanenites

4,483 posts

Posted by Kanenites > 2024-01-19 09:33 | Report Abuse

bebisyak oo bebisyak kihkihh

Gaussian

3,001 posts

Posted by Gaussian > 2024-01-19 10:19 | Report Abuse

How many got con by his Islamic image and award? lol

chongwee

125 posts

Posted by chongwee > 2024-01-19 10:57 | Report Abuse

AGONG WANT MADANI MALAYSIA WANT JOHOR DEVELOPMENT WANT JOHOR GROWTH IN HIS HIGHNESS LEADERSHIP

MiddleAge

29 posts

Posted by MiddleAge > 2024-01-19 10:57 | Report Abuse

Saw quite some negative comment over the management. However I find many was due to racism and biased. On the other hand, since this is a "bumi" coperate with project & opportunity mainly from the government or GLC, then its mean at the end government would intervene to resolve the Silttera dispute since its the only "bumi" controlled semiconductor manufacturing company. Of cause politic (PH, BN, PN) would still there, however to gain some "bumi" support and not to embarrasses anyone (with all those TanSri, Tun, Dato titles) due to poor management work, government backing would still be there.
I am speculate what if DNEX manage to get some fund from Saudi to release some China share hold in Silterra.

Loh Kok Wai W

3,608 posts

Posted by Loh Kok Wai W > 2024-01-19 11:07 | Report Abuse

middleage....many is ..gaji buta....

Posted by Mixologist > 2024-01-19 11:39 | Report Abuse

Fund from saudi? The heck do they know about semiconductor manufacturing.

younglean

213 posts

Posted by younglean > 2024-01-19 11:49 | Report Abuse

They know how to power up the semicon equipment with oil 😆

iPlay

1,812 posts

Posted by iPlay > 2024-01-19 12:25 | Report Abuse

what la, when others dropped, DNex drop 6 7 sens, when others up, DNex also follow, but only 1 sen. wtf

joseph

66 posts

Posted by joseph > 2024-01-19 12:35 | Report Abuse

DNEX downtrend

XenDee

167 posts

Posted by XenDee > 2024-01-19 12:43 | Report Abuse

done bottom fishing

Gaussian

3,001 posts

Posted by Gaussian > 2024-01-19 12:54 | Report Abuse

Con Muslim when try to project his Islamic image but fail up deliver. lol

Kanenites

4,483 posts

Posted by Kanenites > 2024-01-19 14:51 | Report Abuse

bebisyak oo bebisyak kihkihh

Kanenites

4,483 posts

Posted by Kanenites > 2024-01-19 14:52 |

Post removed.Why?

143922

407 posts

Posted by 143922 > 2024-01-19 15:05 | Report Abuse

Turun pun bising untung pun bising.Simpan la lu punya wang dalam tabung ayam.

stainlyho37

2,266 posts

Posted by stainlyho37 > 2024-01-19 16:00 | Report Abuse

just watch out.....major holder bot much higher prices..0.60..0.70...??

MiddleAge

29 posts

Posted by MiddleAge > 2024-01-19 16:22 | Report Abuse

Saudis is interest on those technology investment, while oil & gas is still their cash cow. Ajlan & Bros Holding is looking for opportunity to get involve in semiconductor manufacturing with Dnex. While the plan for setting up a fab in Negeri Sembilan with Foxconn and Dnex, they can probably buy up some share own by China in Silterra. Of cause how its work would be a challenge since MITI rule is Malaysian 51%.

jazmaster

224 posts

Posted by jazmaster > 2024-01-19 16:30 | Report Abuse

@MiddleAge. You mean this news, right? Were they only signing MOU for that project?

https://www.nst.com.my/business/2023/03/892468/dnex-riyadh-based-ajlan-revolusionise-smart-cities-integration-saudi-arabia

Posted by Mixologist > 2024-01-19 17:28 | Report Abuse

Saudis just throw anything at the wall to see which one sticks.

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Posted by novelas0154 > 2024-01-19 18:38 | Report Abuse

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chongwee

125 posts

Posted by chongwee > 2024-01-19 21:05 | Report Abuse

AGONG WANT MADANI MALAYSIA WANT JOHOR DEVELOPMENT WANT JOHOR GROWTH IN HIS HIGHNESS LEADERSHIP

chongwee

125 posts

Posted by chongwee > 2024-01-19 21:08 | Report Abuse

DATA CENTER in JOHOR ... JB is next Shenzhen ...Property Development , IT Technology hubs ASIA SILICON VALLEY ,JS- SEZ , SFZ

irwan

91 posts

Posted by irwan > 2024-01-19 21:25 | Report Abuse

bang apa tu... JS -SEZ dan SFZ ?

ling

30 posts

Posted by ling > 2024-01-19 21:50 | Report Abuse

JS -SEZ = Johor Singapore Special Economy Zone

ling

30 posts

Posted by ling > 2024-01-19 21:51 | Report Abuse

SFZ = ISKANDAR Special Financial Zone

Gerard Lam

176 posts

Posted by Gerard Lam > 2024-01-21 02:43 | Report Abuse

Management incompetencies:
1. Screwed up agreement with valuable partner, then blame it on everyone but themselves.
2. Want to appoint own people to board of subsidiary, citing need to protect own interest, but fail to understand their share price premium is due to their valuable partner.
3. Plans to dilute shareholders for oil venture, which is a sunset industry
4. Continue to invest in sunset oil industry without a clear plan
5. Sign multiple MOUs but did not communicate to shareholders what is the clear execution plan
6. Audit committee chairman post on her Facebook that she does nothing but smile and wave, and act serious (“kononnye”), while being paid directors fee
7. The same director is also awarded ESOS of 1.5mil shares

calvintaneng

55,146 posts

Posted by calvintaneng > 2024-01-21 02:45 | Report Abuse

Buy palm oil shares better

Very good profits
Good dividends

Gerard Lam

176 posts

Posted by Gerard Lam > 2024-01-21 02:49 | Report Abuse

Shareholders became the real victims due to plummet in share price. However, executive chairman is more concerned with victims overseas, as proven by his daily sharing on Instagram stories.

While he is so concerned and caring about overseas victims, shareholders who are victims of share price collapsed are ignored and not given any care.

All these while shareholders were the ones that invested further into the company by converting warrants. Shareholders interest are not protected, while directors continue to earn handsome salary while shareholders suffer in silence while being ignored

Gerard Lam

176 posts

Posted by Gerard Lam > 2024-01-21 02:53 | Report Abuse

Real Victims:
Shareholders that invested in company buying shares and injecting money by converting warrants

All shareholders are in deep red

Management:
Executive chairman posting daily Instagram stories
Audit committee chairman post on Facebook that she does nothing but smile and wave, and in a selfie picture she mentioned she act serious

vespa

870 posts

Posted by vespa > 2024-01-21 04:49 | Report Abuse

this bunch just not up to the mark. all talk and just cannot execute

vespa

870 posts

Posted by vespa > 2024-01-21 04:57 | Report Abuse

Gerard I sold out of this sh.t hole a year ago having considered them two timing partner. Yet these clowns are meant to be religious. how on earth do they ever sleep at night

Gaussian

3,001 posts

Posted by Gaussian > 2024-01-21 14:07 | Report Abuse

Hypocrite Muslims. lol

trader808

301 posts

Posted by trader808 > 2024-01-21 21:03 | Report Abuse

1.Dnex has been experiencing a spectacular down trend since 17/2/2022. For two (2) years the counter collapsed from a high of Rm1.33 to 34.5 sen on Friday 20th Jan 2024. It has declined 98.5 sen of 74%. The company has 3156m issued share capital and hence, a massive amount of RM3.1b has been erased from its market capital. All its investors and punters and syndicates suffered enormous losses. The selling is continuing and the worst is yet to come.

2. Technically, the 9 day EMA has crossed over the 26 day EMA on 31/May 2022 from above to below the 26 day moving average line at 1.01 sen. This is a dead cross and it is indicative of a bearish market and in the case of Dnex it is the beginning of a massive down trend.
3.Thereafter, the bears continued to charge forward and the counter maintained its course of decline. The daily closing price is falling faster than both the average lines. At the closing price of 34.5 sen it has fallen below both the average lines. This is alarming and a cause for concern. The worst is not over yet.

4. The MACD also exhibited a gloomy scenario. The MACD line has also decisively crossed over from above to below the signal line. More alarmingly, both the MACD and signal line is trending below the zero line. Furthermore, the gap between the two lines has widen and the solid red histogram which is a measure of momentum has been expending progressively. If the momentum persist on and the selling pressure intensify, the bears will make greater havoc and conquer new territory in the southern region. SO, buyers beware.

5. The RSI relative strength index has been languishing below the 50 points neutral line for months and is currently trending at between 20 and 30 points level.It has remained and continued to consolidate at the oversold level with no sign of improvement.

6. In summary, all the indicators are not looking good for Dnex

7. If you are a risk taker looking for some excitement and attempting to trade and benefit from a short term bottom reversal, than great care must be exercised to limit your losses.

8. A stop loss order must be in place.
You could be in for a surprise for the bottom reversal could turn out to be a falling knife.

6. Let it be forewarned and trade wisely.

20/1/2024

Gerard Lam

176 posts

Posted by Gerard Lam > 2024-01-21 21:48 | Report Abuse

Shareholders livelihood are destroyed by share price plummeting.

Can’t tell if management is bothered.


This kind of management is truly horrendous

Gaussian

3,001 posts

Posted by Gaussian > 2024-01-22 08:16 | Report Abuse

TA is bad because the company is bad. lol

vellfire14

133 posts

Posted by vellfire14 > 2024-01-22 11:06 | Report Abuse

the last passenger already board the bus.

XenDee

167 posts

Posted by XenDee > 2024-01-22 13:48 | Report Abuse

pump pump

younglean

213 posts

Posted by younglean > 2024-01-22 19:17 | Report Abuse

Dnex is making green or red in the next QR?

fl888

7,627 posts

Posted by fl888 > 2024-01-23 09:46 | Report Abuse

CEO still busy with the Palestine protest next week or So…notime….

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