sandy roxy's comment on DNEX. All Comments
sandy roxy
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Oil price at above USD90 and High chips demand/prices. The price will definitely go north. TP 1.35.
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2 years · translate ·
sandy roxy
Moving towards TP 1.35
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sandy roxy
Finally, Censof has dispose of its share in DNex. Hence, share price of DNex should be on further uptrend.
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Ray Lim
why is censof bad for dnex? if I may ask
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pali cd
if not mistaken..if..censof still had another 5m of dnex share
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sandy roxy
Pali, on 3Feb 2021, Censof had 10 mil shares in DNex. And has been reducing its shareholding in DNex. I believe Censof has sold most of its shares in DNex.
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sandy roxy
Ray, In a bourse filing on Thursday (Feb 10), Censof said proceeds from the disposal will be used for working capital within the next 12 months.

- Censof is not bad on DNex but because it seems to be tight in its cash flow. Hence, with Censof selling off most of it's share in DNex will reduce selling pressure.
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pali cd
Censof is not substantial s/holder of dnex..it is really necessary to make such announcement?
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sandy roxy
Pali, you are right. For today total DNex transaction is RM147mil. Censof transaction is only 3.5% of the total transaction.
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