All Comments on DXN Reload

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Jason KH
2 Like · Reply
Tq for pushing down, grab some 0.45 early morning
Yen Yi Ah
Timiraos Lee, your estimation is very accurate...good
Like · 1 day · translate
Randy Chew
Too cheap to ignore, will break 0.50 this few days
Like · 10 hours · translate
Unown Unown
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Low PE, nice.... good time to whack some for some nice return
Tim Lee Donghye
This is a gem worth investing
1 Like · 22 hours · translate
Fiona Auery
You are ranting about the jet only benefits the members with top sales. Isnt it normal for the boss to put more focus on the members with good sales?
Like · 20 hours · translate
Tan Hao Yu
1 Like · Reply
DXN preferably above RM.49 (5D MA) could spur further rebound towards RM0.53 (10D MA) and RM0.56 (20D MA) zones.
Lee Long Wu
break 0.49 should be easy, already proven from last 2 week
Like · 4 days · translate
Jessie Ong
Strong momentum today ! DXN is about to break through 50 cents
Like · 21 hours · translate
Tteffub Nerraw
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The aircraft is owned by LSJ Logistics Ltd, a wholly-owned unit of LSJ Global Sdn Bhd, which is also a major shareholder of DXN, making the deal a related party transaction. LSJ Global, which holds 68.12% in DXN, is controlled by DXN executive chairman and founder Datuk Lim Siow Jin. (!!!)

DXN said the company was given two pricing options for the lease: US$6.60 million for 12 months, or US$6.15 million in total if the jet is operated by DXN's own pilots. (Pilot + Jetfuel + Stewardess (!!!))

“The company intends to employ its own pilots to operate the aircraft,” DXN said, adding it currently has two pilots under its employment. (!!!)

The leasing will be paid in 12 equal monthly installments, which will be satisfied in cash and fully funded by the group's internal funds.(!!)

“The corporate jet is dedicated to supporting our key management team and high-performing members who have attained ‘crown ambassador’ status, facilitating frequent travel across key cities in our overseas markets,” DXN said in a statement. (Frequent Vacation Rewards !!!)

The corporate jet will enable the leadership team to efficiently engage and motivate DXN’s 4.9 million active members worldwide (as of September 2024) through in-person marketing events to drive sales growth. (Do you want to be a millionaire with personal jet flying you around? hmm)
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Unown Unown
2 Like · Reply
DXN’s business model has proven resilient, even during challenging times. Their adaptability and strong market positioning make them a stable and promising company to follow.
Jessie Ong
Leasing an aircraft is just a small expense for them. In fact, it can boost brand awareness and increase executive productivity
1 Like · 5 days · translate
Unown Unown
It does help to increase the productivity in certain extent
Like · 4 days · translate
AI ENG NGO
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看到一些留言,我也是醉了,有人写租飞机只是一个小费用,拜托看一下,这个消息一出,价钱就像laosai 一样下来了。以为全世界都是BTC吗?呵呵,以前讲包装不重要,最重要产品要好,吃了有效果。。。原来的产品还是一样包装,原来做好飞机就是好包装,去一些国家haolian 一下哈哈。
Y.W. Liew
1 Like · Reply
投资的榴莲项目泡汤。。。holan 了。。。
Kindle Amazon
接下来生意会开始跌。 盈利会跌更惨。 我开始讲rm0.50没人相信。 以zhulian, amway, beshom 的p/e, 股价应该会在rm0.40, 这个是考虑到飞机不会带来盈利, 分析员会再折扣。
Like · 6 days · translate
Y.W. Liew
团队很有问题。。。Kenn 够凶。。。口气很大。。。胃口更大。。。三边吃。。。和外人伙伴一起吃老板。。。再把合作伙伴踢出局。。。背锅。。。完美!好多项目合作,到最后都是老板投资了,项目就有问题。。。合作伙伴都一一被踢出局,不欢而散,自己的口袋却满满的。。。 这才是大赢家!
Like · 5 days · translate
Timiraos Lee
5 Like · Reply
Frankly Speaking - Is DXN Holdings (Bursa: DXN) Now a Value Play?

DXN Holdings Bhd has recently caught the attention of many investors, especially with its decision to charter a Gulfstream G550 corporate jet for 12 months. This move is part of the company’s strategy to accelerate its global expansion, sparking discussions about whether DXN is now an undervalued opportunity.

The G550 charter primarily aims to support DXN’s top-performing members, particularly Crown Ambassadors, who frequently travel across key international markets. This includes the Latin American region, which accounted for 57.9% of DXN’s RM1,897.8 million revenue in FYE2024.

With 4.9 million active members globally as of September 2024, DXN’s network is both vast and international, necessitating effective travel options, especially as 11 of DXN’s 13 manufacturing facilities are outside Malaysia, with new plants underway in Bangladesh and Nepal.

Interestingly, rewarding high-performing members with private aircraft access is not unique in the Multi-Level Marketing (MLM) industry; global MLM giant Amway, for instance, offers similar privileges to its top performers and has a fleet that includes five Gulfstream G550 jets. DXN’s charter, however, is structured as an off-balance sheet arrangement, meaning it won’t affect the company’s financial standing. Any refurbishment or additional costs for the aircraft will be borne by the major shareholder, not DXN.

Financially, DXN is in a strong position, sitting on a cash reserve of RM654 million against total liabilities of RM703.6 million, with short- and long-term debts combined at less than RM136 million. The company has a history of consistent dividend payouts, and at its current share price of RM0.475, DXN offers an attractive dividend yield of 7.58%, coupled with a low P/E ratio of 7.67x.

In summary, while the jet charter decision may have raised some eyebrows, the underlying financial health and growth strategy make DXN an appealing value investment. Given its steady performance, generous dividend yield, and deep value, DXN remains a stock to watch.
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Hock Huo Lee
爱丽丝你的proton还有没有
Like · 6 days · translate
James Talk
Thanks for sharing, truly a value play with current price
Like · 6 days · translate
Aubree Yap
3 Like · Reply
If we collect at the lowest price like it is now, we may have good capital gains and dividend income in the future
Unown Unown
Huat ah, whack all the low price and enjoy a better capital gain
Like · 1 week · translate
aswin somasundar
Buying is heavy now
Like · 6 days · translate
Lee Long Wu
2 Like · Reply
Once DXN break 0.50 then will move back above 0.55
Unown Unown
We will see how it goes in the upcoming rallies
Like · 1 week · translate
Firash Ahmad
PE murah, harga saham juga murah sekarang. Berbaloi kumpul
Like · 1 week · translate