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103575541 Private ID: 103575541
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    $MOBILIA(0229.MY)$
    target price: 0.21/0.22/0.23
    support: 0.185/0.175
    DISCLAIMER:  This  post is for learning and education purposes only. Please trade at your own risk.
    Hi, mooers!
    In June, following the listings of JPG and OFS, we are thrilled to see three more stocks hitting the market. Eager to know who they are? Follow moomoo to check them out and discover their investment potential!
    Who are these 3 new IPO companies?
    1.WELL CHIP GROUP BERHAD
    Well Chip Group Berhad is a Malaysian company specializing in pawnbroking services, as well as jewelry retail and trading. The group operates 26 outlets in the state of Johor, ...
    Three IPOs hit Bursa, what's your pick?
    Three IPOs hit Bursa, what's your pick?
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    103575541 liked and commented on
    $DXN(5318.MY)$
    DATUK LIM SIOW JIN, the majority shareholder and owner, is 63 years old. The founder of DXN Group, with 25 years of experience in the direct sales industry, is famous worldwide for Ganoderma lucidum coffee. In 2024, he became the 40th richest Malaysian businessman with 525 million. It was listed on the Malaysian Stock Main Board at an IPO price of 0.67 on September 30, 2003... It was acquired and privatized at 1.75 in September 2011. At the time, the stock price was 1.42, with a 23% premium. The boss generously gave back to all shareholders. This is worthy of everyone's praise! It also proves the boss's morality and conscience. After all, there are too many privatized and unscrupulous listed companies in the stock market to witness it.
    It was re-listed on May 19, 2023, and the boss said the main purpose was to enhance the company's image. Perhaps many people think that this boss is being honest. After all, 99% of companies go public mainly to raise capital, repay debts, and boost business. But when I discovered that the company's net cash was close to 500 million, it turned out I was being superficial. Dexin Holdings is a cash cow company. What is the idea of raising capital to repay debts? Instead, dividends are generously distributed every quarter.
    Direct sales of health products have always been an indispensable supplement for everyone. After all, nothing is more important than one's own health. However, there are many listed companies that do direct sales of health products. Among them, famous direct sales peers include AMWAY, Seagull Beshom, Zhulian... However, if you compare in terms of turnover and net profit, Dexin Holdings is...
    Translated
    Black Horse Dexin Holdings 0.64
    2
    $DSS(0269.MY)$ Despite the heavy pressure of 405 ahead, it was an arduous journey of fighting and fighting all the way. The road is shaped all the way north
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    4
    $DSS(0269.MY)$
    1.Break above downtrend line with high volume
    2.Successful pullback above 20MA
    Support = RM0.37
    Resistance = RM0.39
    Disclaimer: This post is for informational purposes only. Always consult a financial advisor before making any investment decisions.
    DSS Reversal + Pullback Completed
    1
    KLCI had a decent rebound back towards the 1617 points region with an overall positive market sentiment, Daily trading volume was also able to rebound back towards the 5.7 billion mark region here, which is pretty good.
    Main stocks that showed strong buying momentum would be the likes of JAKS, YNHPROP, JTGROUP, WIDAD, WCT, DSONIC, TOPGLOV, JCY, MAHSING, MYEG, MINETEC, MNHLDG, EKOVEST, SIMEPROP, BENALEC, SCIB, PLYTEC, CAREPLS, CLOUDPT, VS, SALCON, and E...
    $CLOUDPT(0277.MY)$ waiting for it to break the high 😌
    KLCI had a brief retracement, closing red back towards the 1608 points region today with an overall mixed market sentiment as we saw almost 600 counters closing red for the day along with it. Daily trading volume settled around the 4.2 billion mark, which is still decent for today's standards.
    Main stocks that showed strong buying momentum would be the likes of DNEX, DSONIC, JCY, WCT, INTA, FPHB, ASTRO, MAHSING, SMART, PWRWELL, ANEKA, EVERGRN, INARI, ...