DNONCE TECHNOLOGY BHD

KLSE (MYR): DNONCE (7114)

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Last Price

0.06

Today's Change

0.00 (0.00%)

Day's Change

0.055 - 0.06

Trading Volume

194,200


8 people like this.

2,174 comment(s). Last comment by dantay 2024-05-10 16:33

Posted by asianbengraham > 2020-08-18 16:55 | Report Abuse

SHOW TIME

123456

532 posts

Posted by 123456 > 2020-08-18 21:44 | Report Abuse

Esok pagi sapu

Posted by longtermvaluegain > 2020-08-19 06:04 | Report Abuse

DNONCE TECHNOLOGY Key Highlights
• Significant improvement in Profit Before Tax (“PBT”) from loss of RM3.34 million in 1H Year-to-date (“YTD”) 30 June 2019 to RM2.40 million, an increase of RM5.74 million or 172% for Financial Year Ended 30 April 2020 (“FYE 30 April 2020”).
• Noteworthy surge in revenue, average monthly sales for July 2019 till April 2020 was RM14.6 million compared with January 2019 till June 2019 of RM13.3 million representing a 9.8% increase, even though March and April sales were impacted by the Covid-19 induced MCO
• Three consecutive profitable quarters with FYE PBT of RM2.40 million signifying 9 straight months of profit until April since the new management took over the running of the Company.
D’nonce Technology Bhd (“D’nonce” or “the Group”) (“7114”), today announced its interim financial results for the sixth quarter (“Q6”) and 16-month consolidated financial results for its Financial Year Ended 30 April 2020 (“FYE 30 April 2020”).
DNONCE is a diversified engineering solutions provider, serving customers in the semiconductor, automotive, medical/healthcare, data storage hardware and consumer electronics industries with overseas subsidiaries in Thailand.
In mid-July 2019, D’nonce had installed a new Board of Directors and management, led by Mr. Tho Yow Yin as CEO. Under the new leadership.
DNONCE embarked on costcutting measures and redirected their focus to expand the Group’s growth in value-added businesses. These efforts have borne positive results as reflected in its financial performance since July 2019 to 30 April 2020.
D’nonce recorded a revenue of RM225 million for the FYE 30 April 2020, of which from 1 July 2019 to 30 April 2020, the Group recorded an average monthly revenue of RM14.6 million as compared to an average monthly revenue of RM13.3 million from 1 January 2019 to 30 June 2019, representing a 9.8% improvement in sales, despite the MCO which impacted operations in March and April 2020.
The significant increment of the revenue was partly contributed by the surge in demand from customers in the healthcare industry mainly due to the Covid-19 outbreak as D’nonce provides essential support to the glove industry in Southern Thailand and also supplies injection molded ventilator parts from their factory in Prai, Pulau Pinang.
Simultaneously, DNONCE continued to showcase a healthy and growing PBT having recorded a PBT of RM2.40 million for the Financial Period Ended 30 April 2020 reflecting a turnaround of RM5.74 million or 172% growth over the 1H Loss Before Tax of RM3.34 million. With the exception of Q6 FY2020 (which consisted of only 1 month), the Group achieved three consecutive quarters in the black (cumulative PBT of RM5.74 million from 1 July 2019 to 30 April 2020) - after losses earlier in the financial year throughout the first two quarters (cumulative Loss Before Tax of RM3.34 million from 1 January 2019 to 30 June 2019).

This is the result of the DNONCE Management’s continuous prudence in managing its expenses while expanding revenue, resulting in the highest level of operational efficiency and also the continuous growth of its business.
As of 30th April 2020 the Group has generated a positive cash flow of RM8.16 million from operating activities and have cash and bank balances of RM32.5 million. For the full FYE 30 April 2020, D’nonce recorded a Profit After Tax of RM0.73 million (after the non-cash adjustment from the revaluation of properties deficit of RM0.45 million) in spite of the net losses recorded for Financial Period Ended 30 June 2019.
Notwithstanding the challenging environment, DNONCE is cautiously optimistic of its business with the expectation of continued strong demand for its supplies to the medical and health sectors as well as the positive demand from the electronic technology sector moving forward.
DNONCE has active initiatives underway to enhance its overall organisational effectiveness.
These initiatives should increase productivity and cost efficiency while also helping to realise scale economies as Dnonce continues to grow its commercial opportunities.

两大利好围绕DNONCE!!
1)Provides Essential Support (Glove Industry) Southern Thailand

2) Injection Molded Ventilator Parts (Prai, Pulau Pinang)

预料,DNONCE 可突破RM1.00大关。

Posted by KinSun Lee > 2020-08-20 19:58 | Report Abuse

Who is Toe Teow Heng? He disposed 6.5 million DNONCE shares last week.

Posted by moneymoneycome > 2020-08-21 15:14 | Report Abuse

wow, coming up strong! TP rm1?

Posted by KinSun Lee > 2020-08-21 18:33 | Report Abuse

Jellyj:. I see, quickly take profits after pumping up the stock price.

123456

532 posts

Posted by 123456 > 2020-08-24 10:59 | Report Abuse

on the way 0.60

Posted by Calvinharris > 2020-08-24 16:13 | Report Abuse

Thanks, longtermvaluegain bro!!!!
Since I read your post related DNONCE, and I just BOUGHT DNONCE.
------RM1.00------

Posted by Calvinharris > 2020-08-24 16:14 | Report Abuse

我个人发现,DNONCE 一直被市场忽略了它的存在。

Posted by Calvinharris > 2020-08-24 16:50 | Report Abuse

四个字:HOLD for value gain。

Posted by asianbengraham > 2020-08-24 16:51 | Report Abuse

told you all.. patience is virtue... now go to opensys... its the next play.. rmb.. i said it here first.
>>>>>>>>>>
asianbengraham this is a silent counter that nobody knows... collect while u can...
09/08/2020 1:59 PM

Seven77

185 posts

Posted by Seven77 > 2020-08-24 21:09 | Report Abuse

tomorrow will goreng kaw kaw again

Posted by longtermvaluegain > 2020-08-25 05:44 | Report Abuse

Dnonce 还有排涨。

123456

532 posts

Posted by 123456 > 2020-08-25 14:44 | Report Abuse

Buy now

Posted by moneymoneycome > 2020-08-25 15:07 | Report Abuse

standing strong in red sea

123456

532 posts

Posted by 123456 > 2020-08-26 10:38 | Report Abuse

Apa hal ni

Johnborne

182 posts

Posted by Johnborne > 2020-08-26 10:53 | Report Abuse

dnonce also do food packaging, u see how SCGM share price, can copy and paste here

Posted by longtermvaluegain > 2020-08-26 13:58 | Report Abuse

60 sen, 下午就会升破了。

Johnborne

182 posts

Posted by Johnborne > 2020-08-26 15:13 | Report Abuse

can give me 1 limit up enough

Posted by wenlijianqinyun79 > 2020-08-26 15:25 | Report Abuse

SABAR , kita sabar dan beli simpan dulu, sebab Dnonce ini masih belum diendahkan oleh kebanyakan mata orang.

Posted by wenlijianqinyun79 > 2020-08-26 15:27 | Report Abuse

maksudnya, Dnonce masih belum mendapat 100% perhatian daripada mata orang lain.
Hari itu akan LIMIT UP bila mereka MEMBELI secara mengejutkan dalam Vol yang TINGGI.
SABAR...

pOdIuM

315 posts

Posted by pOdIuM > 2020-08-26 15:31 | Report Abuse

tolong dapatkan 100% perhatian orang ramai ;)

Posted by wenlijianqinyun79 > 2020-08-26 15:36 | Report Abuse

Sabar....
jangan tanam padi, esok menuai padi.

Johnborne

182 posts

Posted by Johnborne > 2020-08-26 15:40 | Report Abuse

zhun bo, i sudah tunggu 4 tahun , sejak 0.22 sampai sekarang

Posted by asianbengraham > 2020-08-26 21:02 | Report Abuse

just wait...... and collect........ this stock will up

BigZakar

261 posts

Posted by BigZakar > 2020-08-26 21:10 | Report Abuse

limit up anytime ,,,,,,,,,,, just buy!!!!!!!!!!!!

Posted by Geniusleo89 > 2020-08-27 09:58 | Report Abuse

Maybank Insight. Limit up from 0.59 to ....

pOdIuM

315 posts

Posted by pOdIuM > 2020-08-27 09:59 | Report Abuse

congratulations

Posted by moneymoneycome > 2020-08-27 10:27 | Report Abuse

0.60 is break, long way to go... congrats to all dnonce holders

Posted by KennyLam > 2020-08-27 12:10 | Report Abuse

Got some news from my telegram feed tot its worthy to share here from stock-bit. Seems legit some of their research.

$DNONCE - Major beneficiaries of strong global demand in glove as they supply packaging solutions to major glove manufacturers in Thailand. Sustainable turnaround year ahead under a new management.

We laid out 7 REASONS Why DNONCE can potentially be a good investment.

"1) Management mentioned they're currently experiencing very strong orders and are operating at maximum capacity, in tandem with the robust demand for gloves... From its recent corporate presentation, and google map, we can guess with high accuracy that $TOPGLOV Thailand and Sri Trang Glove are their clients...

4) Blackstream Investment - whom had taken a major role in the shake up, had an average price of RM0.45...

Currently projecting a base case RM 15m of net profit for FY2021, which translate into 5.7c eps FY2021. Extrapolating that into 15x PE based on $MUDA valuation, A loose and moving Intrinsic Value could potentially be at RM 0.86."

Seems like a good counter - lets all in!

#notgoreng #readingpleasure

ruby20

308 posts

Posted by ruby20 > 2020-08-27 12:18 | Report Abuse

buy buy buy. sifu buy call already

Frank Tan

533 posts

Posted by Frank Tan > 2020-08-27 12:44 | Report Abuse

still big lot collecting @0.62-0.63 around 12pm,very potential

Posted by asianbengraham > 2020-08-27 13:29 | Report Abuse

told u all....
next target is 0.70.... now is stil ok... deal not announce yet.........
collect ... is what i can say...

pOdIuM

315 posts

Posted by pOdIuM > 2020-08-27 14:04 | Report Abuse

Woww

Mashoh95

272 posts

Posted by Mashoh95 > 2020-08-27 14:09 | Report Abuse

This one not much support.
I remember once the share shoot up for no reason
The day after, it freefall so fast.
Luckily I still hold cause too much lost already.
Now the price have break previous record but the volume not that big, maybe investor lose trust?
Who knows.

Posted by longtermvaluegain > 2020-08-27 15:46 | Report Abuse

Going to be Limit Up.....

Posted by asianbengraham > 2020-08-27 17:36 | Report Abuse

i repeat...................... announcement not out...................

Posted by thestockoracle > 2020-08-27 20:18 | Report Abuse

a very good undervalued stock ...

Posted by thestockoracle > 2020-08-27 20:19 | Report Abuse

ripe for investors' pickings. potential upside is high

ruby20

308 posts

Posted by ruby20 > 2020-08-28 10:11 | Report Abuse

I heard QR coming out next week or the week after, and its gonna be awesome. Still v cheap.

TOPGLOVE & SRI TRANG in TH are their clients! The largest and third largest glove manufacturers in the world!

Posted by thestockoracle > 2020-08-28 13:53 | Report Abuse

Reading the latest Bursa announcements and the last QR report, it seems that the QR results are coming out soon...with the principal officer now just announcing his intention to deal during closed period, the result will need to be released within 30 days according to Bursa listing rules...

Posted by thestockoracle > 2020-08-28 15:40 | Report Abuse

Reading the corporate presentation by the CEO and the company, this coming QR result next month is foreseen to be a massive exponential gain from the last quarter...just like gloves. but compared to gloves, this stock price is still relatively undervalued...the results must be very good for the company to want to urgently announce their results and I suspect a massive upside is awaiting. Recommended for short-medium term gain...the good thing to like about this stock is that it has very strong fundamentals backed by a solid quarter-to-quarter profit increase and with the exponential ride with the gloves/healthcare, this company has more potential to make more profits... at the current price, it is indeed a rare gem.

Posted by thestockoracle > 2020-08-28 17:07 | Report Abuse

very impressive Annual Report released. growth areas clearly highlighted, giving a glimpse of the next QR result to be released soon next month...truly a gem.

Posted by longtermvaluegain > 2020-08-28 17:49 | Report Abuse

DNONCE它确实是一种稀有的宝石!

jowong7

41 posts

Posted by jowong7 > 2020-08-28 18:09 | Report Abuse

HO PHON GUAN 8,000,000 3.05%

"Inari Technology Sdn Bhd was founded by Macronian Sdn Bhd, Ho Phon Guan and Insas Technology in June 2006"

Posted by kalsiddonboy > 2020-08-28 18:39 | Report Abuse

Another inari in the making?

Posted by WiseManQ > 2020-08-28 18:40 | Report Abuse

Kalsiddon, possible? I missed out inari few years back! Not gonna miss the boat again! Haha

Posted by thestockoracle > 2020-08-28 20:33 | Report Abuse

This stock is being primed for a shoot up...been following the price action last few weeks. a lot of collection, moving slowly but steadily. not many sellers. people who buy a firm believers of this stock...definitely a solid one.

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