Posted by thestockoracle > 2020-09-15 11:12 | Report Abuse

people like to buy stocks when they are expensive. when it is selling at bargain price, they just ignore kao kao...

Posted by Morning $tar > 2020-09-15 11:38 | Report Abuse

https://www.theedgemarkets.com/article/retail-investors-seen-staying-equity-market-after-moratorium-expiry
September 15, 2020 09:00 am +08

Strong retail interest to persist in equity market despite moratorium expiry, says Rakuten

Rakuten's top picks: AHB, D'nonce and Scomnet:

Meanwhile, Rakuten Trade's top fundamentals picks are office furniture manufacturer AHB Holdings Bhd (target price (TP): 61 sen), engineering solutions provider D’nonce Technology Bhd (TP: 88 sen), and Supercomnet Technologies Bhd (Scomnet)(TP:RM2.68) — a manufacturer of wires and cable for medical devices, electrical appliance, consumer electronics and automotive markets.

All three stocks are deemed to be beneficiaries of the Covid-19 theme. For AHB, Rakuten said it is set to benefit from the introduction of its latest products, namely “Covid Panels” and “SpaceCom Medical Hubs” — products that are designed for the office space and medical hubs for Covid-19 prevention. The group is expected to achieve record earnings in its financial year ending Sept 2021 (FY21), according to Rakuten Trade.

Similarly, the research house expects D’nonce to achieve record earnings in FY21, as the group's packaging boxes are being used by major glove manufacturers including Top Glove Corp Bhd.

Posted by warriorchan > 2020-09-17 08:29 | Report Abuse

On stock selection, after correcting 17.6% from a 22M high of RM0.71 (3 Sep) to RM0.585 yesterday, DNONCE (Not-rated) will be attractive to bargain on any price weakness towards the 0.56 (uptrend line support) and RM0.53 (30D SMA) supports levels. To recap, DNONCE is a diversified engineering solutions provider with key customer base from: 1) Healthcare division mainly serving major glove producers based in Thailand (manufacture packaging boxes for major glove manufacturers and produce plastic products for medical use); 2) E

Posted by yonex > 2020-09-17 11:52 | Report Abuse

HL 0.71-0.73
Rakuten 0.88
RHB 0.91

Buy before too late~

Posted by terence775 > 2020-09-18 11:03 | Report Abuse

Let's go let's go let's gooo

Posted by Aisha > 2020-09-22 16:51 | Report Abuse

Dnonce dnonce when are u going to move

Posted by Ke3t > 2020-09-23 13:02 | Report Abuse

just hold, now market all red due to political issue, it will rebounce back soon. This share is a must fly, so dont worry

Posted by Aisha > 2020-09-23 14:49 | Report Abuse

Ok. Tks for yr advise.

Posted by terence775 > 2020-09-24 12:25 | Report Abuse

Anything below 0.6 is a no brainer buy imo.
even at this price I would still buy, but my exposure to this stock is already very high so I want to manage my risk.
very promising company.
this is not a buy/sell call.

Posted by Ke3t > 2020-09-24 12:52 | Report Abuse

foresee growth in their revenue since the increased supply volume of boxes to glove sector, thus it is not to worry abt bad quarter result. however, there is need to know that they are just supplying boxes and they have other business sector as well, so dont expect it will jump rocket high, tp 0.70-0.80 would be reasonable compare to RHB tp of 0.90

Posted by terence775 > 2020-09-24 13:02 | Report Abuse

ke3t, their EMS sector also doing quite well. It's a turnaround company, let's see how well it can grow.

Posted by terence775 > 2020-09-24 13:04 | Report Abuse

Don't forget, that normal times dnonce is traded at 0.3-0.4 (refer pre covid prices). Now, performance has improved by 16x (!!) with new management and reorganisation... I dare not to set a TP. I see the performance is sustainable.

Posted by Ke3t > 2020-09-24 18:08 | Report Abuse

hi terence775, well, dnonce is not a big player in ems sector, but as long as its not dragging it, it should be fine.
Dnonce just only caught my attention earlier(i more to technology stocks but got hit badly), so my understanding to this company background may not be as good as veteran like you.
but current price (applicable to all shares) in the market currently shouldnt be compare to pre-covid pricing consider the hype in market in past 5 months.
Anyhow, i agreed with you that setting tp is just a guideline, let it's performance do the talking. Good luck and happy trading :)

Posted by terence775 > 2020-09-25 18:43 | Report Abuse

ke3t, yes I got a bit too excited there. Anyway, good luck to everyone.

Some company are pure hype, but dnonce has showed that the hype is real and the profits definitely warrants a higher rating.

Posted by terence775 > 2020-09-25 18:43 | Report Abuse

Still, nobody can predict share price. I don't mind holding this company longer. As long as it is performing well, with good profits... imo no reason to sell to chase hype.

Posted by limit_up_soon > 2020-09-28 11:23 | Report Abuse

If IB gave TP around 70-90, meaning the share price will only stay around 60 or lower for at least 1 quarter. If IB don gave higher TP, how they going to sell and let the ikan bilis makan r..

Posted by Ke3t > 2020-09-28 13:00 | Report Abuse

Well thats not 100% true. IB TP guideline is based on the current company business growth and foresee its price within a quarter or two. So its true that the TP will not reflect within a week or two. Patient investor can gain from it by holding, while goreng kaki will also join in to push the price together for short term profit, so price may volatile abit but then remain progressively uptrend based on company performance.

Those feeding to ikan bilis would be those shares that are losing money every quarter but yet share price keep shooting up..those are the one that ikan bilis like us should be aware and avoid.

Well, like terence said, this share is still good to hold. let's see how it goes in a week or two.

Posted by Kellyy33 > 2020-10-02 11:12 | Report Abuse

Yay, finally moving and broke 0.63 resistance level ......

Posted by Value_Investor_888 > 2020-10-02 11:15 | Report Abuse

Buy before too late as healthcare sectors in focus again....

Posted by terence775 > 2020-10-02 16:10 | Report Abuse

When the water recedes and the hype dies down, only the good counters will remain.

Posted by MonkeySeeMonekyDo > 2020-10-04 01:47 | Report Abuse

This stock is super cheap! holy shit! im going to buy on monday if drop abit

Posted by SpicyMcDeluxe > 2020-10-05 11:25 | Report Abuse

kekw

Posted by stainlyho37 > 2020-10-05 14:20 | Report Abuse

will it fly today ?!! watch out...

Posted by jutawansenyap > 2020-10-05 22:08 | Report Abuse

Tomorrow if break 71 cents!!!

Posted by Ridzuan Othman > 2020-10-06 01:09 | Report Abuse

uptrust detected ...be carefulll

Posted by AmirShah0 > 2020-10-06 13:37 | Report Abuse

dropped today. time to enter

Posted by tktk > 2020-10-06 13:40 |

Post removed.Why?

Posted by Broker77 > 2020-10-06 15:33 | Report Abuse

They will be MCO again and only C19 related industries will survive..

Posted by Erudite > 2020-10-06 21:52 | Report Abuse

Many company enter healthcare & say will do well but still losses or small profit saja. ‘Tis one got real profit

Posted by stainlyho37 > 2020-10-07 12:19 | Report Abuse

buy in now ...

Posted by stainlyho37 > 2020-10-07 12:21 | Report Abuse

attractive prices

Posted by 50Cents > 2020-10-08 01:17 |

Post removed.Why?

Posted by mattdjerry86 > 2020-10-08 10:40 | Report Abuse

50cents prlexus drop..

Posted by terence775 > 2020-10-08 11:59 | Report Abuse

Prlexus was very good at 70 sen. Still good at 90 sen. At this price? I wouldn't touch. I may be wrong, but I don't mind being wrong for this.

Posted by Broker77 > 2020-10-12 17:49 | Report Abuse

QR 3 of Topglove is around the corner.. as the main supplier of Top Glove, It will influence the share price of Dnonce as well.. Once again.. They will be MCO and only C19 related industries will survive..

Posted by terence775 > 2020-10-13 11:09 | Report Abuse

Patience will be rewarded.

Posted by terence775 > 2020-10-13 17:35 | Report Abuse

Dnonce technical chart very nice.

Posted by Kellyy33 > 2020-10-14 10:53 | Report Abuse

i wonder any warrants or ESOS exercise today. Every other day also exercise something to push the price down ...... ^_^''!

Posted by adriantam > 2020-10-14 12:51 | Report Abuse

Why is it not gapping up yet? I entered abit too expensive weeks ago.

Posted by Hunter8888 > 2020-10-14 14:01 | Report Abuse

wait top glove breakout first.dnonce will follow.....

Posted by Fundamentaler > 2020-10-14 22:40 | Report Abuse

Dnonce supplier pakaging for top glove?

Posted by Boringguy > 2020-10-15 08:58 | Report Abuse

@fundamentaler, yes Dnonce packaging at thailand supplier to Topglove and Sri Trang Argo....
who is Sri Trang Argo, STA is thailand biggest glove producer and also World Top 3 glove production...

https://www.bangkokpost.com/business/1580330/sri-trang-gloves-moving-forward-to-the-worlds-largest-top-3-gloves-manufacturer

Posted by karimboss > 2020-10-15 14:55 | Report Abuse

Next QR will booming. Stay Tuned.

Posted by Kellyy33 > 2020-10-15 15:20 | Report Abuse

Another day another warrants exercised .... la la la la ...... Why you have exercise every other day, so healthy ar ..... tsk tsk ....

Posted by terence775 > 2020-10-15 17:43 | Report Abuse

Many warrants will continue to be exercised, as they are expiring soon. Warrant holders can decide either to exercise their warrants or throw it away.

Exercising warrants is good for the company as it provides a cash flow injection. At the same time, it does dilute the share base by up to 10% if all warrants are exercised. As long as the company knows how to use the money, conversion of warrants into mother share is something I view positively.

Posted by Kellyy33 > 2020-10-15 19:10 | Report Abuse

I agree with you Terence775 as warrants is expiring in November hence Dnonce for now is currently undervalue but so long as the fundamentals of the company is strong, it will reflect on its share price in near future. If i'm not mistaken there is still 30% left for the exercised of warrant, so it is expected for the price to remain floating at this range. On a side note, i'm just bored and want to tease a bit with the exercising of the warrants .... Exercise ar, during CMCO must stay healthy ! ^-^

Posted by karimboss > 2020-10-15 19:11 | Report Abuse

Warrant expired is good. More money come into company.

Posted by karimboss > 2020-10-15 19:11 | Report Abuse

TP RM1 otw

Posted by karimboss > 2020-10-15 19:13 | Report Abuse

Provider of packaging and polymer engineering solutions
Dnonce Technology Berhad (Dnonce) is a Bursa Malaysia main-board listed company
that provides packaging and polymer engineering solutions. Its products and services
mainly cater to three main industries: i) healthcare (34% and 41% of 1QFY4/21 total
revenue and operating profit, respectively), ii) electrical and electronic (E&E; 58% and
56% of 1QFY4/21 total revenue and operating profit), and iii) manufacturing (8% and 3%
of 1QFY4/21 total revenue and operating profit).
Direct beneficiary of strong global glove demand due to Covid-19
At the onset of Covid-19, glove makers is experiencing surge in glove demand, indirectly
benefitting the entire rubber glove supply chain. This includes Dnonce, a key supplier of
glove packaging boxes via its strategically located factory in Sadao, Thailand. Media
reports (The Edge Markets) suggest that Dnonce currently commands a c.30% market
share (sales volume) in Sadao, where many glove makers are located, i.e Top Glove
(TOPG MK, Add, TP: RM10.00, CP: RM8.76) and Sri Trang Gloves (STGT TB, NR).
Growing capacity to cater for expected increase in demand
On the back of robust global glove demand, both TOPG and STGT have stated plans to
expand their glove production capacities in Sadao, Thailand over the next few years. In
order to capture an expected rise in demand of packaging materials, Dnonce stated plans
to gradually increase its Sadao production capacity by 50% from end-CY20F onwards, as
its plant is already running at full utilisation rate currently. Dnonce expects capacity
growth in the healthcare segment to underpin its earnings growth for the next few years.
Riding on a recovery in the E&E segment
Owing to the current global digitalisation trend, there has been rising demand for ITrelated products and services. Dnonce plans to ride on this trend, leading to higher
demand for its manufactured E&E products, such as printed circuit board (PCB)
components and precision trays. In addition, Dnonce expects higher demand for its
cleanroom and box build assembly services that focus on memory drives (surge in cloud
computing services that require memory drivers to support data centres).
Dnonce expects a turnaround with strong performance ahead
In 1QFY4/21, Dnonce announced a positive net profit of RM3.8m (>100% qoq and yoy),
post two consecutive quarter of losses. While it is currently trading at a trailing 12-month
P/E of 30.1x, Dnonce is of the view that the worst is over, and expects stronger results
going forward, backed by: i) strong demand for glove packaging boxes, ii) capacity
expansion plans in the glove packaging business, iii) recovery in the E&E segment, and
iv) ongoing cost control measures.

Posted by Broker77 > 2020-10-16 09:26 | Report Abuse

D’nonce packaging boxes are being used by major glove manufacturers including Top Glove Corp Bhd..