Posted by Agas1234 > 2021-08-29 12:24 | Report Abuse

Anyone have update from Dnonce Mgmt?

Posted by VTrade > 2021-08-29 19:24 | Report Abuse

Serba?

Posted by LuckyBertuah > 2021-08-29 19:28 | Report Abuse

Tomorow if another 12 sen drop then it will be 335

Posted by ceoshare > 2021-08-29 20:42 | Report Abuse

Wait for the further news release from Dnonce... Hopefully everything just fine.

Posted by VTrade > 2021-08-29 21:45 | Report Abuse

Teow sell all the 9% share

Posted by Raiz368 > 2021-08-29 22:41 | Report Abuse

Due to bullish mkt by DJ and Nasdaq last friday, tomorrow morning price will open gap up minima 5 cent.

Posted by Risk Trader > 2021-08-30 10:13 | Report Abuse

Don't miss the boat guys...Dnonce will break to 50 cent before 12 30pm...

Posted by VTrade > 2021-08-30 11:30 | Report Abuse

Wow..morning brighty day

Posted by Risk Trader > 2021-08-30 12:48 | Report Abuse

Qtrly report to be out by this week...maybe very good result

Posted by longvalley > 2021-08-30 12:53 | Report Abuse

New boss coming........
Haa

Posted by Raiz368 > 2021-08-30 14:56 | Report Abuse

Fund manager will push up to above 60 cent by today to make nice mth end report

Posted by angki > 2021-08-30 16:17 | Report Abuse

good rally

Posted by VTrade > 2021-08-30 20:39 | Report Abuse

Is not serba….

Posted by smyang11 > 2021-08-30 21:05 | Report Abuse

Anyone knows what happen? CEO got sacked?

Posted by Raiz368 > 2021-08-31 10:26 | Report Abuse

Tomorrow will continue fly to 60 cent...

Posted by ceoshare > 2021-08-31 20:35 | Report Abuse

tomorrow should be drop... hopefully nope much drop

Posted by fomainre > 2021-09-01 14:33 | Report Abuse

Company steadily growing, new boss coming too, core business is still the same, not much to worry here

Posted by jonathansiew > 2021-09-01 15:25 | Report Abuse

https://klse.i3investor.com/blogs/oqwe213/2021-08-31-story-h1570663040-Truth_Spoken_for_D_nonce_Technology_Berhad.jsp

Truth Spoken for D’nonce Technology Berhad

Quick disclaimer before we proceed – I do not hold shares of DNONCE nor do I plan to buy the company’s shares anytime soon. Make your own decision to buy or sell upon reading the article.


The roller coaster in share price for DNONCE had no doubt raised several questions with regards to the quality of the company, especially one of the substantial shareholders – Toe Teow Heng disposed 28,207,900 shares in the open market and ceased to be a substantial shareholder of the company. The current CEO of the company – Tho Yow Yin had disposed another 4,000,000 shares in the open market, too.

In total, they had disposed a total of 32,207,900 shares in the company, equivalent to 10.28% of the company.

So... what is going on?

From the audited report the company had published on 16th August 2021, we can tell that there are only 2 substantial shareholders of DNONCE. Normally, one would not dispose the shares and pare down the stakes from 9.01% to less than 5.0%. UNLESS someone is buying it off the market from them.

Well, perhaps the huge volume could absorb the shares, but retailers would have dumped it on the first day and exited the position – someone must be absorbing the shares behind the scenes.

That leads us to the next question – WHY?

Fundamentally, DNONCE is still quite attractive in which since the CEO joined the company, their turnaround had been quite successful. E.g., the PATAMI for 16 months ended 2020 April was only RM0.7 million but had increased to 13.8 million in the 12months ended 2021 April.

I guess, we need to give him the credit for the turnaround of business.

In terms of business, DNONCE was involved in two main industries – namely the healthcare industry and E&E / semiconductor business. For starter, I’m sure most of you heard of DNONCE’s corrugated packaging business for major glove players in Thailand. Not to linger on the glove story too long, just a quick reminder that packaging business for glove is not impacted by reduction in ASP for gloves. In fact, ramping up in glove supplies will eventually benefit them.

Based on information available online, the machinery for the Thailand factory had started to move in the new machineries for increased capacity production. However, the additional capacity was not utilized yet at the moment.

On the E&E and semiconductor end, most likely the orders are still strong given the overall sector’s performance. They also manufacture industrial and carton boxes primarily for the furniture industry, automotive industry, and F&B industry. More than likely this division was impacted by the recent MCO.

All in all, DNONCE’s financials are still considered solid. Rakuten used to give the company a TP of close to 80 cents, but it seems like no further follow ups from them.

“If the business is good, why are they selling the stakes?”

I have the exact some question too.

I believe their disposal are aligned as the company will be overtaken by a third party. A total 10.28% disposal must have alarmed Backstream as the largest single shareholder. But seeing no action from them, a change of hand behind the controlling hands must have occurred.

Hence, the question next is who the buyer is and why do they purchase it. For Tho Yow Yin, I think his role is done for turning around the company and should there by any change of major shareholder, the board and management team will reset, hence it is actually a smart move for him to move one day ahead. Either way, DNONCE was already in steady operations.

All in all, the industry that DNONCE operates in should have very good prospects (E.g., increasing demand from gloves, E&E and semiconductor sector) and both revenue and profit. Based for the TTM EPS of 4.79, DNONCE is now trading at a 10.6 times PER. With reasonable growth and potential acquisition by some big parties (who would have the capacity to takeover the shares anyway), I think DNONCE should be an interesting play at the current level.
Of course, I could be wrong.

Posted by neonstrife > 2021-09-01 15:31 | Report Abuse

Started rebound ?

Posted by coffeeday > 2021-09-01 15:48 | Report Abuse

Looks like recovering d.. Rumor said singapore company takeover DNONCE

Posted by coffeeday > 2021-09-01 15:50 | Report Abuse

https://www.tradingview.com/x/4omWGZvt/

steady pompipi

Posted by jazmaster > 2021-09-01 15:51 | Report Abuse

Seriously I don't wish that the CEO got change. Since the current CEO is working pretty good and making turn around to the company.

Posted by coffeeday > 2021-09-01 15:54 | Report Abuse

Not firm yet the change mah right

Posted by coffeeday > 2021-09-01 15:55 | Report Abuse

Today I buy a bit.. look back rakuten report macam yes

Posted by cplusprojects > 2021-09-01 15:56 | Report Abuse

Rumors flying everywhere now, seems like the takeover is true??

Posted by jazmaster > 2021-09-01 16:02 | Report Abuse

Since share price started rebound, see what is going on next ba...
Since many people being supportive, add on a bit during closing time

Posted by finsolution > 2021-09-01 16:10 | Report Abuse

well, if the no change ? Share price will fly ? hehee.. Time for goreng ?

Posted by fomainre > 2021-09-01 16:34 | Report Abuse

Might be possible, someone is collecting the shares behind

Posted by coffeeday > 2021-09-01 16:36 | Report Abuse

Hope so.. hehe

Posted by coffeeday > 2021-09-01 17:59 | Report Abuse

Closed green.. NAISE

Posted by smyang11 > 2021-09-01 19:04 | Report Abuse

I love the CEO.

Posted by wayneforwin > 2021-09-01 19:26 | Report Abuse

Time to collect !!!!

Posted by KingEdwardIIX > 2021-09-01 19:38 | Report Abuse

Tp 0.7

Posted by jonathansiew > 2021-09-01 20:15 | Report Abuse

https://stocknews.my/posts/67005/rakuten-recommends-these-stocks-for-2021

D'nonce Technology — Riding on the booming glove and E&E sectors

Target price: 88 sen
— Riding on the booming glove sector and electrical & electronics (E&E) sector, seen achieving record earnings in FY21 as their packaging boxes are used by major glove manufacturers

— It makes glove boxes in its Sadao facility in Thailand, where it supplies to major glove makers such as Top Glove Mercator, Halyard, and Sri Trang, with an estimated 30% of the local market share

— Earnings contribution from the Sadao facility will gradually come on stream in 2HFY21 and full contribution from the expansion by FY22

— Also serves the E&E sector with major multinational companies of memory drives and semiconductor manufacturers, providing cleanroom services, box-build assembly, and manufactures plastic components parts mainly used in PCB assembly

Posted by smyang11 > 2021-09-01 20:38 | Report Abuse

Old article and rakuten has definitely chosen all the wrong counters

Posted by m3379 > 2021-09-01 20:47 | Report Abuse

Rakuten's timings are 80% out.

Posted by jonathansiew > 2021-09-01 20:48 | Report Abuse

TCS and Dnonce actually not bad.

Posted by jonathansiew > 2021-09-01 20:48 | Report Abuse

others so so lo....

Posted by smyang11 > 2021-09-01 21:09 | Report Abuse

Rakuten equity team is absolutely rubbish. Just like their app

Posted by m3379 > 2021-09-01 21:14 | Report Abuse

One example was their buy call on PTRANS while the price at 80 cents

Posted by jonathansiew > 2021-09-02 13:29 | Report Abuse

I am curently using Kenanga and TA. Both working fine and smooth

Posted by cplusprojects > 2021-09-02 15:54 | Report Abuse

TP to 0.7? 0.80 also no problem

Posted by cplusprojects > 2021-09-02 16:04 | Report Abuse

Hahaha, rakuten reputation is so bad, so many other broker that are better than them

Posted by smyang11 > 2021-09-02 17:45 | Report Abuse

D’nonce gg

Posted by neonstrife > 2021-09-02 18:36 | Report Abuse

Wow, this CEO actually not bad le... Why leave ? As long not leaving still got chance de. Not matter, if kena change maybe will goreng ? If no change then will better la. Got hope de

Posted by VTrade > 2021-09-03 01:22 | Report Abuse

Looks attractive anyway juz worry management… any oppion or inner news?

Posted by wayneforwin > 2021-09-03 10:32 | Report Abuse

Current support level looks good.

Posted by lastwing > 2021-09-03 14:24 | Report Abuse

D'Nonce Technology Berhad 背后下跌的真相

https://klse.i3investor.com/blogs/oqwe213/2021-09-03-story-h1570696550.jsp

Posted by lastwing > 2021-09-03 15:00 | Report Abuse

Might be good or might be bad. Aside from management - The company is getting solid.

If study back the current CEO profile, if not be wrong he is the one successfully making turnaround to DNONCE.

Anyhow I had chip in some to average my price last week. To be honest, I am still very confident to the company and the ceo as dnonce is a long run game .

Posted by mrvaluestock > 2021-09-03 15:08 | Report Abuse

Share price started to uptrend now