Yeah, it is an unfortunate turnaround for the guy. I think a few fellows reported him and he got blocked a few times, so, that got into him and vengeance is a curse. Too bad, thought his insight was good early on.

I don't think the size of the company matters, what matters most is the business they are in and at what point in time this business is relevant. I would stay away from companies, big and small, who promote their signed MoUs which after signed just go straight to the press and later to the bin. Many many MoUs are signed with no real action plan. So far, so good in here. Finger cross to all to make some money here some point in time.

Did they at least meet both CIMB and HLIB numbers?

Trying to change topic here but anyone else on the DNEX telegram group?
* either the admin got spammed or he/they seriously doing a 180 on DNEX and locking out everyone

Dont write him off, maybe he got insider news about DNEX diversifying into CPO!

Look at the bright side, he could be referring to USD.... so, RM$1.80-2.30, that's about right

Anyone can advise on the new structured warrant from RHB? 4:1 ratio, 0.90 conversion price, valid till 28/03/2022

Pang72 and friends.... mind sharing what is 536x2=1072?.... wonder why they dropped so badly last month.

Haters will point to the 30% PP, even when we consider the total 50% PP since last year, the total dilution is still within the range of many small to mid range semiconductor players which we should base our expectation on as we are 100% not TSMC, SMIC or Samsung..... EVEN AT THAT FULL DILUTION WE ARE STILL 10X UNDERVALUE. Just hang in there whatever direction tomorrow brings as money/liquidity in the market is currently in other ”hot” stocks in Bursa such as those BJ stocks (.... not those type of BJ, ya)

There is actually a trade off when it comes to converting warrant to shares that everyone must also consider.

Say you only have a fix investment amount of $100,000. This will mean if your target is to convert, then you must put aside $0.50 value of whatever warrant quantity you are investing into.

With only $100,000 cash investment, you can only buy $40,000 value of warrant giving you if at current price of $0.34 a quantity of 117,647 warrants.

Why $40,000 only? Because you need to set aside $0.50/warrant for conversion which in this case means 117,647 warrants requires $58,823 from the initial $100,000 investment cash. ($40,000+$58,823=$98,823 with the extra $1000 as whatever fees that will be required for conversion)

This is very important as it helps us to valuate our final profit and evaluate why the share price has now overtaken the warrant price.

If say the share price shoots up to $2, this will give you a gross income of $50,000 (that was set aside) + 117,647($2-0.50) = $226,470

BUT if you had invested at the same time into the shares at $0.98 which gives you 102,040 share and if the price goes to $2, a gross income of $204,081.

We can see that the trade off isn't exactly too great (around 6%) when you compare investing in warrant (with the intention to convert) and share.

But what I am trying to explain is that if you had a warrant at a much lower price, which I am guessing many long term investors do right now, that means you have bought a lot of warrants, you will now have a massive problem of selling them because if you have say 1m warrants, you will need to prepare $500,000 of cash to convert. This to me is more of a logical reason why we are not seeing the price move higher because there is a need for an exit strategy by many investors right now to find an equilibrium that they can absorb for conversion.

We might soon see a divergence of share and warrant prices as we get closer to the conversion final dateline as buyers are no more available in big numbers and it becomes a buyer's market to force a price to sell the warrant and buyers with much deeper pocket starts to come in.

This is a big risk for anyone who wants to buy and sell the warrant as if the share price moves much higher and the premium gets better, deeper pockets will want the warrant but at a price that they want to control.

Anyway, this is my personal thesis on why the share price has overtaken premiums on warrant and why there was a pause in price action recently.

By the way, if you are waiting for the signing catalyst, I think that has passed. The next catalyst will come from the confirmation of Chinese state money to back up their commitment. This maybe around 2nd quarter as someone pointed out that Dnex needs the warrant money to seal their part of the bargain. (But also don't forget the 20% PP since last year which is also cash)

As for fundamentals, there isn't likely to be much pretty numbers until 1st or 2nd 2022 which could be the reason why they moved the year-ending date to mid-year. Ping will only be useful to the bottom line after 2nd quarter (so, forget what the oil price is right now) and that was announced earlier than Silterra, so, an estimate of 2nd quarter to complete Silterra isn't far off.

Again as I have said earlier, if you are a long term investor based on the idea that Dnex with all the projects in hand, then, you shouldn't be thinking about money for KFC or cars but more towards houses and condominiums. Good luck to all and stay safe.

* short term players going for the kill in warrant can play with my thesis above to see gauge trade-off between normal investors and those with deeper pockets who will come into warrant in force soon.

Wow! We have Chinese government money, Japanese softbank money and now Arab oil money.... what is not good about DNEX when we have such multicultural and diversified group of investors. So many languages, no wonder DNEX is a darling among foreign money inflow. Congrat to all who is holding, will be holding, and has hold DNEX, I am sure somewhere along the line, everyone has a profit to share.

*updated

Company Issued Shares Price (RM) *DNex
======= =========== ======= =====
TSMC 25billion $87 $543
SMIC 8billion $13 $26
Intel 4billion $255 $255
AMD 1.2billion $321 $96
Murata 639million $343 $54
NXPI 277million $755 $52
Infineon 1.3billion $162 $52
STmicro 900million $144 $32
Renesas 1.3billion $43 $13

*DNex = Price/share of DNex if has the same equivalent issue share as DNex, ie by reverse splitting or split ;-)

DNEX 4billion 0.89 (10/3/2021) fully fully diluted.... if you like just play with the dilution based on your own assumptions.

Conclusion, forget about buying cars and double storey link.... think bigger.

Mommy showing teenage son, WrD, who is about to meet adulthood in July that mommy still got stuffs, beautiful hips and tricks to show him.... remember, mommy move so fast and my hips so beautiful, all the bankers will want mommy to give birth to a baby, WrE, that is when all the love will might go to the cuter baby ok, so, WrD better behave and move behind mommy.

Thank you for helping this over-worked mommy who holds 5 different jobs (semicon, o&g, subsea cable, iot....). A word of advice from mommy to her growjng teenager son, I know you love mommy very much but if you always run away and don't allow mommy to put ip my legs to relax (ie. Join you at +50c) Mommy can get angry and open my legs wide wide for some naughty banker and we will have a baby brother Warrent E.... see how much love people will give baby WE compare to a teenage WD then..... so, come back let mommy go to +50c so that we can walk together to the moon again.

That 9m shares at 0.80 please go away lah, this mommy worked 5-6 jobs (subsea cable, silterra, iot, o&g, etc etc) and still want to entertain the hyper active WD child.... let mommy put up her legs and welcome 0.865 to match the child's +50 difference lar.

I am more interested in the CEO than DNex.... someone in the Telegram said he knows him personally. Could we be seeing another potential Syed Mokhtar Albukhary who gets every dick tom and harry projects? That will be incredible to us long investor.

After a few days of consolidation, the stock is ripe for another leg up. The last leg up took about 6-7 days before moving again, so, patience for the time being is key. Sellers are growing for the last few days, likely from contra, speculative, or just want out investors losing patience after few days of none event.... name change hasn't move the price at all, so, I dont think signing will move much either. Likely scenario to move much higher is report of China and DNex mapping out their investment plans and milestones after signing, this is the more significant event to wait for.

Some good read about similar foundries worldwide and why they are a good bet....

https://seekingalpha.com/article/4410247-automotive-semiconductor-companies-benefiting-from-chip-shortage

https://seekingalpha.com/article/4406198-semiconductor-companies-best-positioned-for-automotive-recovery

Why Silterra was not mentioned I am not sure but I have asked the writer for his views.

Thanks you for the Warrant Education all diamond-hands

Anyone can give us some WARRANT EDUCATION for DNEX WD?

Is it whatever price it is, say $a + $0.50 = $motherprice?

Ps. DNEX will NEVER be Top semiconductor producer in the world, just get that out of our head. Intel has recently lost it position because management didnt do their homework, SMIC isnt doing great because of Trump's unilateral world policy.... Top 10-20 will do for Silterra and business as usual with FULL CAPACITY will be more than enough to earn our 10-100 bagger. Good luck to all diamond-hands out there.

Congrats to those who has placed their Aston Martin, Ferrari, X70, Bungalow, etc money....

I am putting this out the 3rd time and I hope everyone look at it with an open mind what DNEX has.

I am re-posting this about share numbers and all the concern about PP..... Since we are trying to compare apple with apple, here is some interesting prespective:

Company Issued Shares Price (RM)
======= =========== =======
TSMC 25billion 88
SMIC 8billion 12
Intel 4billion 240
AMD 1.2billion 360
DNEX 2billion 0.77 (*updated from 0.40)
*DNEX 4billion 0.35 (100% dilution)
**DNEX 8billion 0.18 (2nd 100% dilution)

Look at the Issued shares of others as comparison as to what price range you want it to reach. Meaning if we maintain same issued shares as AMD, we should be wishing for RM$300 price target or since DNEX is in need of cash and dilute to say, 8billion shares, we should still be aiming for SMIC valuation at RM$12.... so to speak.

Considering that most of the listed are pure play semicon companies, they will not be valued similarly if there is a condition for higher oil price coupled with higher chip price, we might be in for some 10-100 baggers for DNEX.

My only concern is we are doing Star-Trek now going where no DNEXian has gone before as price has never climbed so high in so many many many years of listing.

But then again, we are in a golden age for DNEX and with new management and strong projects/business, so, anything is possible. Pullback, sure will happen! But I dont see it pullback too much without it being push back up again due to the same reasons.

China is hungry for technology commodity, chips is such commodity and China isnt going to back away from it.

Wow, congrats to those who holds DNEX and even more congrats to those who bought the warrant.... has never thought about buying warrants due to volatility. Now regret more! Hope those who bought both warrants and shares are super duper happy!

That is why they extend the PP dateline.... they know something

I am re-posting this about share numbers and all the concern about PP..... Since we are trying to compare apple with apple, here is some interesting prespective:

Company Issued Shares Price (RM)
======= =========== =======
TSMC 25billion 88
SMIC 8billion 12
Intel 4billion 240
AMD 1.2billion 360
DNEX 2billion 0.40
*DNEX 4billion 0.20(100%dilution)

Considering that most of the listed are pure play semicon companies, they will not be valued if there is a condition for higher oil price coupled with higher chip price, we might be in for some 10-100 baggers for DNEX.

My only concern is we are doing Star-Trek now going where no DNEXian has gone before as price has never climbed so high in so many many many years of listing.

But then again, we are in a golden age for DNEX and with new management and strong projects/business, so, anything is possible. Pullback, sure will happen! But I dont see it pullback too much without it being push back up again due to the same reasons.

China is hungry for technology commodity, chips is such commodity and China isnt going to back away from it.

Ps. Foxconn is not TSMC, and they want to bid too because they see a potential in re-weiting the Silterra story AND willing to pay higher price too but the boss wants sole non-Bumi participation, so, cant see them getting in unless the boss change his idea BUT it is in DNEX court now and I dont think the new boss and China wants to give up so easily.

GONG XI HUAT CHAI all DNEXian!!

What is not to love about DNEX?
Contra player cash out WIN....
Long term player after 1 day topup or hold back to higher SP.....
EVERYONE WINS!

The 0.45 resistance was a bit too far to challenge after the gap up the day before. We are still within the 0.38 resistance level and hopefully today was a blip due to investor wanting to see cash before CNY. Smart play by them as over the years, cashing before any holiday season is a good bet. New/recycle money can come in pretty fast so it is still risky to fight the momentum right now. Good luck to all!

Since we are trying to compare apple with apple, here is some interesting prespective:

Company Issued Shares Price (RM)
======= =========== =======
TSMC 25billion 88
SMIC 8billion 12
Intel 4billion 240
AMD 1.2billion 360
DNEX 2billion 0.40
*DNEX 4billion 0.20(100%dilution)

Considering that most of the listed are pure play semicon companies, they will not be valued if there is a condition for higher oil price coupled with higher chip price, we might be in for some 10-100 baggers for DNEX.

Buying power is strong. Again if you arent looking for that CNY cash since MCO has effectively cut all celebration cost, then, remove your sell order from 0.40 to 0.42 and see the SP fly to 0.50. There is no strong resistance to take us higher now.

Resistance price has been broken and is going higher. If you dont need the money come CNY due to MCO etc, might as well just remove your sell order at 0.335-0.35 and just set the sell price at highest limit today which is around 0.58. Squeeze the price higher with lower selling.

Interesting to note that both Taiwan and German bids were in two very different end. One on the very high side and the other the very low side. So, it is still a Work In Progress to get the most value from Silterra.

Can someone fill in the answer?
1) current Silterra revenue and net profit or is it loss
2) current Ping revenue and net profit

We failed to break the final resistance (0.30) mostly due to overbought and fell below the penultimate one (0.285). Now we are sitting just there on 0.285, nicely poised for news or rumours, whichever you like it. Volume is still good, many buyers waiting so dont put your sell order too cheaply (ie. Too close to 0.285) as they might jump up to catch your order ;-)

15m buy compared to 5 million sell, so, sell at your own risk because there are plenty of buyers waiting.

Interesting to see that DNEX daily chart has no more resistance while the weekly and monthly show next stop at 0.325, so, we will be going one direction next. With the news pouring in, let's see what potential Silterra news will bring us as the year+ next level will be in the 0.4+ areas.... of course RSI is overworked after today but other indicators are still pointing red hot. Buy the rumours!

Just hoping it is not the most corrupted agreement that won. Ha ha ha..... dont even know what that will mean.

Turning out to be an English class. Anyway, good sharing everyone. My concern is why GP is setting up this newco with strong Bumi ownership and then confirming that this newco is the one who made a bid while we have all thought it has always been GP and DNex who are the remaining bidders AND that we are still stuck in ”we are still looking” mode .... if that newco 30+% ownership has Khazanah uncle, aunty, nephew or niece inside, then, we know who is winning.

Actually, I am worried too because Biden just signed to cancel the oil project there which Trump signed.

Finger cross QR will be good. Biden is speaking now about opening the economy, which will boost oil price and O&G activities.... last 3 years reporting around 15-28Jan, so, any day now. Friday might be a good day to report anyway.

Well done everyone, even with such pressure from sell side to push lower. Just missed by $16k to go 0.435 closing. Finger cross on Friday, if we can stay or even go higher towards the reporting period, then, QR will help to sustain this rally. QR will be good with factory in full cycle over that period. TP 0.60-0.65 will be absolutely great even with short selling pressure which will be reduced once a nice QR is released.

Guys, sell pressure is high trying to push the share down so that they can try to grab more a lower price.... why? Because report is out soon.... last few reports were done between 12-28 Jan and historically Q3 will beat Q2, so, expecting a better share price post result.... what shoild we do? Dont sell your shares when you see big sellers trying to increase selling pressure by shorting the stock. Remove your sell order, let them sell at a higher price and buy back even higher. That is how we can beat them big institutions.

Ps. Shouldnt be too worry on the MCO because manufacturing is part of the allowed primary industries. So, apart from office staffs, our production should continue!

Sorry, cant read much Chinese. Care to elaborate on this Heffner news whether it is good or bad?

Very little sell volume should move this up nicely to 0.43.... anyone with a sell order from 0.40 through to 0.43, do remove them as you will be selling at lost to all these short selling culprits waiting to eat up cheap shares.... ha ha ha, how I wish all these sellers sre reading this forum to hear this advise ;-)

Today marks the 1st say of short trading. All these big companies making use of their one-sided trade benefit to hit retailers. Don't sell your stock on the cheap for these people. If you can wait, wait for it. If not, cut lost as you need to cover your contra. Hang tight because fundamentals are improving, so, the company is strong.

HamsterHuat.... ha ha ha, like Malaysian property before sell in market, agent said all sold already.... but can still buy undertable, backdoor, through management, etc excuses..... anyway, we are all invested in the company, so, hope the recent 0.085 movement is engine warming up. Finger cross.

Hmmmm.... SIS offered could it be due to RI not fulfilling the full value, so, they want the leftover RI offered to staffs?

Is the -OR trade ending today (2/12) or tomorrow (3/12)?

From tradingview.com.....
1) Consolidation 3:1 - share big drop 1June2017
2) Right Issue 2:1 - share big rise 31October2017

Tryout this link https://www.klsescreener.com/v2/charting/chart/0150
Scroll to the left all the way to 2017.... look for S and R on the chart. Best view landscape.

Your thoughts guys and gals.....