DXN HOLDINGS BHD.
KLSE (MYR): DXN (5318)
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Last Price
0.52
Today's Change
+0.015 (2.97%)
Day's Change
0.515 - 0.535
Trading Volume
15,280,600
Entitlement
Upcoming
Happening
| Ann. Date | Ex Date | Type | Subject | Amount |
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Discussions
Be the first to like this. Showing 50 of 928 comments
1.In securities analysis and market terminology, the term volatile* is interpreted as the stock price is liable to change rapidly and unpredictably especially for the worse. In this sense, I am more incline and much more align with keanurune and strongly differ with Caroline Teoh
2. DXN has hit bottom at an intra day low 0f 44.5sen arising from a RPT in which the company announced in Bursa that DXN has hired an aircraft and will pay rm29m for the rental fee. The market does not like it and the counter suffered a spectacular fall. The RPT has resulted in a loss of rm750m in market capitalization. In may opinion, Investors have over reacted and overkilled DXN
3 It took the counter more than 30 trading days to crawl back to 50sen and beyond. The counter was on the onset of recovery. And clearly there is evidence of fresh buying and accumulation today. The volume and raising share price today has firmly advanced DXN further onto its recovery path in a positive manner. We are impressed by the bears today.
4 Investors have come to their sense and begin to see and realize the long term value of DXN that has been trading at absurdly bashed down price.
5 DXN is fundamentally strong. It has healthy balance sheet, strong cashflows and cash balance. It pays quarterly dividend and has a high yield exceeding 7%
6 Perhaps you already know and there is no harm to reiterate it again that when the share price was trading at 47sen Dato paid 50sen to acquire 96m shares to prevent the share price from further collapse.
7. It seem foolish for Dato to have endeavored in the DBT and over paid by the million of ringgit. In stead one must admire the major shareholder for coming forward in the midst of crisis and chaos to ease the pain and prevented further collapse.
8 There is light at the end of the tunnel. It is hope that the momentum will persist and share price continue to advance and sustain at higher level in the coming days leading into its result announcement and dividend declaration.
9 Happy trading
6/1/2024
3 weeks ago
happy to see dxn up 2 sen today! slowly but surely regaining the lost ground... waiting for it to go higher, and higher. at least back to 60+ level.
3 weeks ago
DXN is eyeing to extend the upside movement after breaking past the resistance on strong volume ...
R1: RM0.56
R2: RM0.60
from RHB Securities
2 weeks ago
DXN Holdings Bhd is showing strong bullish momentum after breaking past the RM0.52 resistance on high trading volume.
The counter printed a long bullish candlestick, indicating a positive technical setup. With this momentum, the stock is expected to move towards RM0.56, followed by RM0.60. However, if the stock breaches the RM0.48 support level, it may trigger a correction phase.
2 weeks ago
Small matter only. DXN did not retrace or fall too much. It's back to normal today
2 weeks ago
Market sentiment temporarily turned negative only because the US may slow down its rate cuts. This counter still steady btw
2 weeks ago
May be those substantial shareholders transfer shares for tax planning purposes
1 week ago
also could be internal restructuring or transferring shares to nominees, trusts, or related parties. Only they know 😌
1 week ago
The enormously huge transfer of one billion shares from their private holding company LSL Global Sdn Bhd to the spouse has significant negative impact on the share price.
2. Just as the mkt thought DXN has advanced further into its recovery path crawl up from an intra day low of 44.5sen to 54 sen, the transfer of shares and change in beneficial owner has massively great negative impact on share price and investors' confidence.
3 Following the announcement, share price has tumbled down from 54sen to intra day low of 49.5sen. In percentage term it has fallen 8.3%.
4. Consequently, the momentum of price recovery has tremendously weaken. May be even destroyed if the transfer is a result of family feud.
5.Depending on how you look at it, the collapse in share price could also mean the opening up of an opportunity for you to go in big and cheap. Conversely, it could also be the beginning of a long nightmare.
6. Nevertheless, there is still value in DXN basing on its consistent profit performance and payout in dividend.
7.You decide.
Happy trading
16/1/2025
1 week ago
Just topup DXN near 0.50, huge market with big potential & growth at south america region
1 week ago
no more 0.50 already, the buying force quite strong at 0.505 this morning
1 week ago
Anything can happen in Bursa. Just like Oriental Kopitiam, can goreng until 98.5 cents today 😆
5 days ago
Q3 results will be out soon. Fasten your seat belts and embrace the impending momentum
4 days ago
Of course it's going up, net profit hits a new high + declare dividend
https://theedgemalaysia.com/node/742601
13 hours ago
AlphaAdventurer
Q3 results will be out soon. Fasten your seat belts and embrace the impending momentum
4 days ago
LoverBass
If result improve & give dividend sure can hit 0.60
4 days ago
sweetpie
when the result will be out? this month end?
4 days ago
CarolineTeoh
I expect record-breaking Q3 revenue 🤓
1 day ago
MANY GOOD INVESTORS EXPECTED GOOD EARNING TO PUSH UP THE SHARE PRICE TODAY.
REAL GOOD INSIGHT
12 hours ago
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keanurune
wont volatile lah, DXN fundamental are steady af
3 weeks ago