Talk is cheap..the govt should put in some money and upgrade Silterra to become a state of art chip manufacturer, esp AI chips. Then only can attract foreign investments and others to follow...
It’s so easy to turnaround Dnex but management after management don’t recognise this simple thing, it’s such a shame.
There is only one way to turnaround the company and share price: 1. Divest off non core sunset oil and gas business (ping, ogpc).
These sunset business require capital investments and returns are low/negative. Even a small kid know not to invest if u expecting to lose money.
2. HQ cost that are non revenue generating. Why bear and spoonfeed irrelevant HQ cost that does not add value? This is a corporate company with goal to maximize shareholder return, not a rice bowl for redundant roles
3. Focus on engaging CGP to resolve dispute. Why is the dispute taking so long?
Why is the 12 inch fab with Foxconn taking so long to finalise? At this turtle speed, by the time the 12 inch fab is finalise, technology already fallen behind.
The management need to learn to move decisive and fast, not the speed they have been doing the last 2 years. M
Sadly the non executive chairman, which is previously the executive chairman, previously group CEO -
Now is giving motivational talk, while all shareholders suffering during his tenure as executive.
People don’t remember him as automotive man (only he self declare people recognise him as automotive man).
Sad his legacy is screwing up shareholders of dnex and leave the executive role just like that. Did not take responsibility to resolve own mess, then cabut to be non executive.
Next step after this confirm he will leave the company after creating this big mess
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
curiousq
1,179 posts
Posted by curiousq > 2 weeks ago | Report Abuse
why still 40+ ..... this is chip maker guys, pls don;t discriminate bumis managed corp.