DAGANG NEXCHANGE BERHAD

KLSE (MYR): DNEX (4456)

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Last Price

0.395

Today's Change

+0.01 (2.60%)

Day's Change

0.38 - 0.395

Trading Volume

11,017,100


58 people like this.

101,791 comment(s). Last comment by rainman777 1 day ago

kuningNo1

85 posts

Posted by kuningNo1 > 2024-07-09 14:06 | Report Abuse

@rainman jahatnya 😒😒😒

ocbc

1,208 posts

ocbc

1,208 posts

Posted by ocbc > 2024-07-09 14:41 | Report Abuse

Demand of EVs as big as AI

KingDavid

2,666 posts

Posted by KingDavid > 2024-07-09 15:43 | Report Abuse

When the US and the EU are enforcing their trade barriers with China and the "older" chips required by the US and EU will push the price of this "older" chip up that Siltera is producing.

KingDavid

2,666 posts

Posted by KingDavid > 2024-07-09 16:37 | Report Abuse

Those who are impatient, have been selling and will continue to sell.

143922

518 posts

Posted by 143922 > 2024-07-09 20:01 | Report Abuse

😁😁

Posted by Paparich79 > 2024-07-09 21:06 | Report Abuse

Theta win big projext, so....

Posted by VroomVroom > 2024-07-09 22:10 | Report Abuse

Theta mng dnex longkang… kan dah ckp yg chairman tu pandai je ckp keje bkn tau buat

Ron90

4,129 posts

Posted by Ron90 > 2024-07-09 23:54 | Report Abuse

door open one by one to Theta..

143922

518 posts

Posted by 143922 > 2024-07-09 23:58 | Report Abuse

Tomolo la ijaw

FAInvestor

282 posts

Posted by FAInvestor > 2024-07-10 00:47 | Report Abuse

Niise 1bil project are for Dnex !!!

Gaussian

3,134 posts

Posted by Gaussian > 2024-07-10 08:30 | Report Abuse

Rocket 🚀🚀🚀🚀

vinceAust

151 posts

Posted by vinceAust > 2024-07-10 08:50 | Report Abuse

Yeah.. Theta can't have both at the same time right? Let them have the Municipal Council Project, we on the other hand get the National Project😆

blazer999

104 posts

Posted by blazer999 > 2024-07-10 09:03 | Report Abuse

correct

vinceAust

151 posts

Posted by vinceAust > 2024-07-10 10:03 | Report Abuse

DNEX will be attractive to bargain on weakness for rebound upside towards the upper Bollinger band (50sen), with a confirmed breakout to aim for the 38.2%FR (55sen) and 50%FR (62sen) ahead, while the 200- day ma (40sen) limits downside risk.

KingDavid

2,666 posts

Posted by KingDavid > 2024-07-10 11:05 | Report Abuse

vinceAust, you are right in saying "Theta can't have both at the same time right? Let them have the Municipal Council Project, we on the other hand get the National Project😆". I would say the chance is gstting higher to get NIISE.

vellfire14

141 posts

Posted by vellfire14 > 2024-07-10 11:25 | Report Abuse

kasi cucuk ini sleeping giant bangun cepat.

KingDavid

2,666 posts

Posted by KingDavid > 2024-07-10 11:36 | Report Abuse

As long as the share price is supported around @RM0.45, it is looking good in longer term.

143922

518 posts

Posted by 143922 > 2024-07-10 14:00 | Report Abuse

Dataprp tengah goreng kaw2.Dnex bila lagi mau goreng.Sudah lama tunggu

Awang123

131 posts

Posted by Awang123 > 2024-07-10 18:29 | Report Abuse

Dnex sudah goreng naik semasa ia berada di 34 sen sana

SinGor

4,966 posts

Posted by SinGor > 2024-07-10 20:43 | Report Abuse

https://oilprice.com/Energy/Energy-General/What-Labours-Victory-Means-for-UK-Oil-and-Gas.html
_________________________
Ping in trouble---Expect new taxes from Labour Party

vellfire14

141 posts

Posted by vellfire14 > 2024-07-11 09:18 | Report Abuse

ini UK news sudah lama... macam something cooking in dnex..everybody waiting for announcement.

blazer999

104 posts

Posted by blazer999 > 2024-07-11 09:35 | Report Abuse

very soon...

Posted by keluarpattern > 2024-07-11 10:02 | Report Abuse

dead fish please wake up!!! 🚀🚀🚀

vinceAust

151 posts

Posted by vinceAust > 2024-07-11 10:10 | Report Abuse

It doesn't make sense at all... dead fish how to wake up? unless there's a miracle lah🙄

Posted by keluarpattern > 2024-07-11 10:46 | Report Abuse

need put some oil, goreng, then dead fish also can alive. 🤣🤣🤣

vinceAust

151 posts

Posted by vinceAust > 2024-07-11 10:54 | Report Abuse

Then it needs to smell like salted fish yeah.. 咸鱼返生😂

KingDavid

2,666 posts

Posted by KingDavid > 2024-07-11 13:13 | Report Abuse

The share price should be moving sideway till some sort of news / speculations are being released in the open.

leeeun

99 posts

Posted by leeeun > 2024-07-11 13:49 | Report Abuse

still lots of fans......

badrul1970

188 posts

Posted by badrul1970 > 2024-07-11 14:14 | Report Abuse

still hoping for NIISe award news ..

143922

518 posts

Posted by 143922 > 2024-07-11 15:24 | Report Abuse

Slow slow naik mcm kule kule

badrul1970

188 posts

Posted by badrul1970 > 2024-07-11 15:46 | Report Abuse

0.460 .. looks like got pulse 😂

vinceAust

151 posts

Posted by vinceAust > 2024-07-11 16:00 | Report Abuse

This stock likes pulling the cow up the tree..😅

8dragon

2,251 posts

Posted by 8dragon > 2024-07-11 17:25 | Report Abuse

3 months target price @ 55 cents...you still have a long sound sleep hours.

anson938

2,020 posts

Posted by anson938 > 2024-07-11 22:22 | Report Abuse

美韩日巨头步步紧逼,台积电提前3个月试产2nm

https://m.guancha.cn/economy/2024_07_11_741187.shtml

sengseng

52 posts

Posted by sengseng > 2024-07-11 23:16 | Report Abuse

hope up soon...

KingDavid

2,666 posts

Posted by KingDavid > 2024-07-12 09:22 | Report Abuse

What can affect the performance of DNeX in the near term? Malaysian Government's policy, Resolution of the conflict with CGP on SilTerra, Cooperation with FoxConn, the new UK labour government's policy on North Sea licences, NIISE and other ongoing projects.

KingDavid

2,666 posts

Posted by KingDavid > 2024-07-12 09:23 | Report Abuse

So far, the "bull" is supporting @RM0.45

UncleFollower

1,771 posts

Posted by UncleFollower > 2024-07-12 12:08 | Report Abuse

You're right, that 0.45 is holding is still good and trading side ways until something comes. Unfortunately side ways looks like the best case until so, what if it's being pushed down once more before an ultimate rise. Are we buyers or sellers then at 40 😅

UncleFollower

1,771 posts

Posted by UncleFollower > 2024-07-12 12:09 | Report Abuse

Reading what Zafrul said about the semi-con plan, Foxconn plant looks difficult. He's saying fab plants will come in Phase 3 or 4, and we haven't even started Phase 1...

UncleFollower

1,771 posts

Posted by UncleFollower > 2024-07-12 12:11 | Report Abuse

29th May 2023, announcement was made to extend the MOU w Foxconn by a year to 16th May 2024. Since then no announcement of further extension. Last it made the news was in Oct'23 where DNEX said proposal to govt made. That's...10 months ago news and 12 months ago they would have made the proposal, and it has been 2 years without progress? 😂

UncleFollower

1,771 posts

Posted by UncleFollower > 2024-07-12 12:15 | Report Abuse

CGP Silterra by now should be a non-issue. Can hope there's some goreng once there's resolution. But from the beginning it wasn't that big of an issue. The idea is Silterra is sooo valuable both parties want control and it's ultimately between 45 or 55% ownership. No one seriously thought MITI will revoke Silterra's license either way. The problem is Silterra has been bleeding ever since. There has been various statements made on RM600M being invested into Silterra's expansion and apparently work done. However details scarce - we can't see from financial statements when or how it's made, and cannot see the apportionment between CGP and DNEX on said investment made

UncleFollower

1,771 posts

Posted by UncleFollower > 2024-07-12 12:16 | Report Abuse

Labour win should hit Hibiscus more than DNEX. DNEX's saving grace, next year Msia's late stage oil fields start pumping. It's still a concern, as DNEX's bottomline for the past 1.5-2 years have been heavily reliant on Oil instead of tech gosh.

UncleFollower

1,771 posts

Posted by UncleFollower > 2024-07-12 12:19 | Report Abuse

There are countless other MOUs. Got Arabian, got Korean. DNEX not shy to claim King of MOU title 🤣 Market talk is several large scale tenders were made for overseas smart city as well, so not solely reliant on NIISE

UncleFollower

1,771 posts

Posted by UncleFollower > 2024-07-12 12:20 | Report Abuse

Lots of stories nothing have materialised. While waiting...market is damn bullish, go pick up some other counters and trade our ways to riches 😆

UncleFollower

1,771 posts

Posted by UncleFollower > 2024-07-12 12:31 | Report Abuse

All of DNEX's businesses now capital intensive

Silterra has sucked up so much cashflow for capital investment. To be fair, they did a good job keeping the fab running and revenue rising. Cashflow is strong. Look at it, it's not a co in distress, very healthy cashsflow. The cost is of coz low margins and net net actually negative margins

Oilfield they have raised funds through the last placement. This may not be enough. They need more deals before a spin-off.

Even tech services, NIISE will require a sizeable capital outlay. That's still why it is more credible than Theta. Theta has something like 20M or so cash only last quarter. Scary if they get NIISE save for more funds raising

So DNEX really needs more cash despite more cashflow. Best to start planning for it now. Go issue a 1 for 3 warrants X and give it to us. We exercise the warrants 3 years later give you 1B cash DNEX

UncleFollower

1,771 posts

Posted by UncleFollower > 2024-07-12 12:36 | Report Abuse

DNEX remains very strong w Govt jobs. Don't forget how they got Silterra. They still hold the exclusive rights on the national single window trade facilitation. And your favourite chairman is always sighted next to Anwar or Zafrul. Semicon plan, remember when Zafrul asked industry for advice, it's your chairman next to Zaf, not Inari lol

Therein lies the problem. Despite the super bullishness across industries - construction, DC, Johor, etc etc has the federal Govt awarded even 1 sizeable contract since Anwar started talking? I think not. He has been instrumental in driving interest and bringing in foreign investments u gotto give him that. But if DNEX is relying on federal funds oops

KingDavid

2,666 posts

Posted by KingDavid > 2024-07-12 13:04 | Report Abuse

UncleFollower, you have summarized DNeX's current situation well. Thanks.

ken2004

1,717 posts

Posted by ken2004 > 2024-07-12 17:21 | Report Abuse

It is slowly falling back down after the PP of 0.37, there is no purpose to defend the price anymore.........maybe even those PP one already offloaded all earning between 15% - 20% above......

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