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.

102,000 comment(s). Last comment by gohudhud 6 hours ago

8dragon

2,128 posts

Posted by 8dragon > 2 months ago | Report Abuse

Back to square one by the end of the day...

newbie9893

2,139 posts

Posted by newbie9893 > 2 months ago | Report Abuse

Confirmed uptread mode....TP 1.00 by the end of the year

scjm

2,575 posts

Posted by scjm > 2 months ago | Report Abuse

after 2 weeks it is still within the war zone 39 to 42; could develop into a triangle pattern

pinetree88

308 posts

Posted by pinetree88 > 2 months ago | Report Abuse

Got back in today 0.415. Looks gg uptrend if can close 0.415 or better.

younglean

213 posts

Posted by younglean > 2 months ago | Report Abuse

Dnex alrdy broke the hard rock at 40 cents. Now it is back to uptrend, ha

8dragon

2,128 posts

Posted by 8dragon > 2 months ago | Report Abuse

Just a technical rebound to trap those who buy in today... tomorrow gone gg

Posted by Lee Ying Yee > 2 months ago | Report Abuse

why pp ? why done buyback ???/

Posted by willywonka > 2 months ago | Report Abuse

The placement price is set at 0.36 so to get the 133 Mill rm there will be issued additional 370,000,000 Shares..Now just need to see who will buy the full lot and how long they need to hold them before they can sell

On behalf of the Board, UOBKH wishes to announce that the Board had on 6 May 2024 resolved to fix the issue price for the Private Placement at RM0.36 per Placement Share.

The issue price of RM0.36 per Placement Share represents a discount of 10.00% to the 5-day volume weighted average market price of DNeX Shares up to and including 3 May 2024, being the last traded day of DNeX Shares immediately preceding the price-fixing date, of RM0.400 per DNeX Share.

This announcement is dated 6 May 2024.

Posted by willywonka > 2 months ago | Report Abuse

So probably a very REd day ahead today for DNEX :-(

anson938

1,946 posts

Posted by anson938 > 2 months ago | Report Abuse

4-6 still intact... Might go up highest once good QR announced

ken2004

1,489 posts

Posted by ken2004 > 2 months ago | Report Abuse

So, this is the reason for the movement, it is just for this placement that DNEX need to be above 0.36, attractive to 10% discount which after done the subscription, will dash down back most probably if there is nothing substantial to backup the uptrend........

MayTanT

18 posts

Posted by MayTanT > 2 months ago | Report Abuse

Natsuko, how? Could still buy?

Gaussian

3,001 posts

Posted by Gaussian > 2 months ago | Report Abuse

TP RM 4-6. lol

143922

407 posts

Posted by 143922 > 2 months ago | Report Abuse

😀

ltw1123

629 posts

Posted by ltw1123 > 2 months ago | Report Abuse

Price still holding above 40cent. Is that a good sign?

8dragon

2,128 posts

Posted by 8dragon > 2 months ago | Report Abuse

Will drop back to 0.38.. just be patient

anson938

1,946 posts

Posted by anson938 > 2 months ago | Report Abuse

08/05/23- highest price 0.535
After a year..
08/05/24 closing price???

143922

407 posts

Posted by 143922 > 2 months ago | Report Abuse

Relax

ken2004

1,489 posts

Posted by ken2004 > 2 months ago | Report Abuse

Is the 0.36 extra share issued already? as i believe this why the price been defend above 0.40 right now else who will go and subscribe if the price crash down below that..........

ken2004

1,489 posts

Posted by ken2004 > 2 months ago | Report Abuse

Then we will see whether the price still be above 0.40 once this whole placement over, most probably will crash down especially if the next coming qtr below expectation again........

anson938

1,946 posts

Posted by anson938 > 2 months ago | Report Abuse

Support level @ 0.405

Posted by karfaichow > 2 months ago | Report Abuse

DNEX trap?

anson938

1,946 posts

Posted by anson938 > 2 months ago | Report Abuse

Might toward 0 42 again & try to break the resistant level before go higher..

stainlyho37

2,266 posts

Posted by stainlyho37 > 2 months ago | Report Abuse

look like going retest 0.425/0.43......and fly....

scjm

2,575 posts

Posted by scjm > 2 months ago | Report Abuse

until the 10% is taken up the price would not fall below 40 sen; thereafter the price movement depends on the quality/caliber of the subscriber(s) and benefits that would derived from the subscriber(s)

jazmaster

224 posts

Posted by jazmaster > 2 months ago | Report Abuse

Nice, Dnex is going up together with KLCI 🔥

younglean

213 posts

Posted by younglean > 2 months ago | Report Abuse

DNeX's double-digit growth target stirs investors' interest

https://theedgemalaysia.com/article/dnexs-doubledigit-growth-target-stirs-investors-interest

Diego66

120 posts

Posted by Diego66 > 2 months ago | Report Abuse

Looks like 43 cents is the next hard rock for it to break ..

Posted by willywonka > 2 months ago | Report Abuse

Younglean..Why post an article from 2017 ???

Posted by karfaichow > 2 months ago | Report Abuse

Next week going to dump? Good luck guys.

anson938

1,946 posts

Posted by anson938 > 2 months ago | Report Abuse

4 to 6 still intact

KingDavid

2,631 posts

Posted by KingDavid > 2 months ago | Report Abuse

Likely RM0.4 to RM0.6. Since support level at RM0.4 is strong, moving up is inevitable. Whoever is taking up the 10% PP, will not look at the 4 cents difference. Hopefully it will be someone like Foxconn.

UncleFollower

1,377 posts

Posted by UncleFollower > 2 months ago | Report Abuse

Agree. DNEX is clearly in play and not for 4 cents. Actually it has always been in play. Push up distribute all the way down and the flash crash in Jan. Now barring a broader market crash, it doesnt look like the right time to push it down again. Maybe it's a better time to push it up and distribute

ken2004

1,489 posts

Posted by ken2004 > 2 months ago | Report Abuse

More to next qtr, what will be the profit or losses to determine the direction of the price........

143922

407 posts

Posted by 143922 > 2 months ago | Report Abuse

Aiiiyooo bila lagi mau terbang uncle

Annetan

850 posts

Posted by Annetan > 2 months ago | Report Abuse

The private placement at .36 cts is listing tomorrow

charlie chia

2,150 posts

Posted by charlie chia > 2 months ago | Report Abuse

Hope that they will keep it and not dump it

Posted by anonymouse66 > 2 months ago | Report Abuse

oh no, time to snipe below 0.40

Gaussian

3,001 posts

Posted by Gaussian > 2 months ago | Report Abuse

31 M share to push the share up lol

Posted by karfaichow > 2 months ago | Report Abuse

tomorrow got chance?

anson938

1,946 posts

Posted by anson938 > 2 months ago | Report Abuse

Start moving up...

anson938

1,946 posts

Posted by anson938 > 2 months ago | Report Abuse

Might try to break 0.43.... 0.46....then... 5.to 6

curiousq

940 posts

Posted by curiousq > 2 months ago | Report Abuse

Private Placement
No. of shares issued under this corporate proposal 31,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.3600
Date Announced 14 May 2024

liewkin

2 posts

Posted by liewkin > 2 months ago | Report Abuse

my dnex at 1.00 , any chance guys T_T

UncleFollower

1,377 posts

Posted by UncleFollower > 2 months ago | Report Abuse

Hard to tell what's DNEX's game plan. Are they selling or buying now? 40cents is the battle ground. Washed down picked up, picked up washed down. It could well go either way

UncleFollower

1,377 posts

Posted by UncleFollower > 2 months ago | Report Abuse

@liew if you are not an active trader and believe in DNEX, buy la. 1+.4+.4 = 0.6 average then u can lock up and continue waiting indefinitely 😂

UncleFollower

1,377 posts

Posted by UncleFollower > 2 months ago | Report Abuse

DNEX has at least 3 major news events pending. Can go either way, can drag on indefinitely. Up to u bro

anson938

1,946 posts

Posted by anson938 > 2 months ago | Report Abuse

Dnex start move....

KingDavid

2,631 posts

Posted by KingDavid > 2 months ago | Report Abuse

Anyone know the identity of the buyer of the PP 31 million shares?

Diego66

120 posts

Posted by Diego66 > 2 months ago | Report Abuse

Can try to check with their management at the AGM next month, KingDavid

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