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It's already up 50% from the recent low of 0.17. From an earnings perspective, it's no longer cheap at 0.25 and they didn't announce any dividends for FY25. E-invoicing has also been delayed again to 2028 and they're in the middle of an AI CAPEX. The good news is their SaaS client migration, i.e. subscription instead of one-time fee, has been quite successful. Can join their upcoming briefing to learn more.
If DXN can maintain 0.007 quarterly dividend, that works out to 0.028 per year and 6.2% DY at the current price of 0.45. But the quarterly dividend has been cut from 0.01 to 0.007 in one year, i.e. 30% drop.
The next QR should be better than Q3 FY25 because of the full 3-mth contributions from TBS Singapore and B&L Jakarta. TBS Vietnam also turned profitable in Q4 FY25. If earnings is >RM 3M, the worse is over and the share price will pop.
Maybe because the drop in price in Q1 25 was only about 10% vs 25% for Q1 26? I'm just guessing - we will know if it drops back to 0.375 when market opens.
Then maybe you shouldn't invest and should just put your money in EPF or fixed price ASM unit trust - less stressful. Because even if it drops to 0.05, it can still drop to a new bottom if Iran suddenly launches a nuclear bomb.
Nobody knows where the bottom is - not even Warren Buffet buys at the absolute bottom. If you believe that the dividend can go back to 0.04 in 2027, then buying at the current price will give you >10% dividend yield - you don't need to buy at the absolute bottom.
Take this opportunity to buy now at fire sale price from impatient investors and get paid 0.03 dividends while waiting for Q1 2027. Look at the repeated selling of 60 lot trades - it's algo selling by an institutional seller.
