Posted by Trevor777 > 2022-03-22 18:00 | Report Abuse

And Theta's is about to raise ONLY 10 million PP shares for a pocket full of shillings as working capital........how pathetic!

Posted by AlsvinChangan > 2022-03-22 18:07 | Report Abuse

Theta is related to iSPEKS the Govt Accrual Accounting Project BAMMBOO the by Auditor General in audit Report project delayed late for more 5 years still cannot get it RIGHT

Posted by Trevor777 > 2022-03-22 18:14 | Report Abuse

Sorry to be blunt but this Tea leaves Reader needs to go back for more classes...hehehe

He is one of those caught with pants down last Oct when Acardia took 19 million shares from TH and played it sky high. Tea-Leave-Reader is still somewhere orbiting one of those Moons of Jupiter.

Posted by teareader818 > 2022-03-22 18:34 | Report Abuse

@Alsvin & Trevor, I find your comments rather amusing. Do some research and you may find that it's not far fetched instead of blasting off your cuff like a ignoramous.

Posted by Trevor777 > 2022-03-22 18:43 | Report Abuse

Good that you still can laugh at yourself.....haven't lost your mind, yet as you've vaporised all your money at Theta.....hehehe

Posted by Trevor777 > 2022-03-22 18:48 | Report Abuse

Totally incomprehensible and flabbergasted that you may even assume Dnex has intention to acquire or partake Theta for 5G........

FYI, Dnex also has an IT subsidiary........

Dnex is already having its own plate FULL....

Someone with your senseless and outrageous innuendo can only mean you're suffering from your heavy losses.

Posted by Trevor777 > 2022-03-22 18:53 | Report Abuse

BTW, you ought to be getting back to classes. Perhaps stop reading Tea (leaves) and take up Cleromancy practices.......reading of Bones (save you the trouble to check up)

Posted by teareader818 > 2022-03-22 19:03 | Report Abuse

Sadly, your world is based on assumptions. Theta only caught my eye when the price came back to earth and I began to monitor on whether it had reached bottom. It looks like it has. It has a new BOD and team focused on 5G. Frankly, I find no enjoy in having the last laugh. Maybe, a little, hahaha.

Posted by teareader818 > 2022-03-22 19:15 | Report Abuse

There you go, your assumptions again. Did I say DNEX intend on taking over Theta? It's Dato Sri Syed Zainal la from his sale of DNEX shares in Arcadia.

Dato Sri Syed Zainal Abidin plans to use the money to take controlling interest of Theta. Easier to make money from 5G. What do you think?

Posted by blackchicken > 2022-03-22 19:25 | Report Abuse

"Subsequently, we probably need to have another expansion to reach about 12 million capacity per year. However, decision has yet to be made – we have to look at how the demand will grow for the next one to two years."

it is the best to
sell their oil business in one year and concentrate on their semiconductor business after that.

Posted by KingDavid > 2022-03-22 19:26 | Report Abuse

Dato Sri Syed Zainal Abidin is the group MD. Encik Zainal Abidin is executive director who is the majority shareholder of Arcadia Acres S/B.

Posted by teareader818 > 2022-03-22 19:32 | Report Abuse

@KingDavid, thanks for pointing it out, sorry, my bad.

Posted by OngKawKaw > 2022-03-22 19:51 | Report Abuse

SO SELL OR KEEP???

Posted by OngKawKaw > 2022-03-22 19:51 | Report Abuse

TAK ADA CONCLUSION ONE MEH

Posted by HelloWorld > 2022-03-22 20:01 | Report Abuse

Sell half/keep half hahahaha

Posted by derrtan > 2022-03-23 09:21 | Report Abuse

confirm IB blocking

Posted by Chang206 > 2022-03-23 09:41 | Report Abuse

Yes, RHB is blocking it from going up. Its call warrant CA with exercise value 0.90 is expiring on 28th Mar. So RHB is going all out to block share price from going up this week to save its expiring CA. Expect Dnex share price to rebound strongly next week.

Posted by amateurJR > 2022-03-23 09:53 | Report Abuse

cup and handle chart

Posted by IronShirt > 2022-03-23 10:27 | Report Abuse

Dnex and Serba is quite similar. Bumi Co, Keep asking for Money, Qr profit comes from asset manipulation then
sue anybody who dare to question ( bursa also kena sued )

Posted by jk20598 > 2022-03-23 10:31 | Report Abuse

RHB CA warrant expiring on 28/3/22,so they got a lot of bullets to prevent the price from going up!Yes,I saw that endless refill at 1.03 n must be the culprit RHB.Hope,all operators rich guy gang up to buy up the price to kill RHB!haha...ha!

Posted by Bullcoming > 2022-03-23 10:41 | Report Abuse

All tech & Oil n Gas gone up, it is Dnex turn to surge forward, yeh yeh

Posted by jk20598 > 2022-03-23 10:56 | Report Abuse

CA exercise price 0.90+CA price 0.030x4(conversion ratio 4 to 1)～1.02.No wander price range bound 1.02 to 1.03!If price goes up to 1.13,RHB will lose 0.10!Anyone want to kill RHB,best time is now!

Posted by Chang206 > 2022-03-23 11:06 | Report Abuse

The settlement price at expiry is calculated based on the 5-day average closing price of the underlying stock prior to and excluding the expiry day. So 5 trading days before expiry date, IB will start pressing down.

Posted by Bullcoming > 2022-03-23 11:06 | Report Abuse

Let’s together we fight against our enemy

Posted by chl1989 > 2022-03-23 11:07 | Report Abuse

yes kill them

Posted by jk20598 > 2022-03-23 11:23 | Report Abuse

Not only Bumi Co. failed,Chinese or Indian Co. also can fail.You forgot about Transmiile similar account falsification failure!Some more,Robert Kuok also one of the shareholders!?When Serba.failed,Tan Sri already taken actions to beef up audit n account teams with new recruitments.Up to about 56% profit main contribution come from Silterra,partnering Big China Fund CPG,there will be counter checking process in place to weed out wrong doings.So my friend,no fear!

Posted by Chang206 > 2022-03-23 11:43 | Report Abuse

No way retailers can fight with IBs, they have unlimited shares to sell. Just be patient, wait for next week, Dnex share price likely to rebound strongly next week after CA has expired on Monday.

Posted by AlsvinChangan > 2022-03-23 12:37 | Report Abuse

I SUPPORT

DNEX double down on semiconductor wafer bet

Posted by OngKawKaw > 2022-03-23 13:21 | Report Abuse

GREATTTT!!

Posted by Bullcoming > 2022-03-23 13:29 | Report Abuse

Look like Dnex will jump forward after 28th March

Posted by KingDavid > 2022-03-23 14:36 | Report Abuse

Chang 206, I don't get what you mean by "The settlement price at expiry is calculated based on the 5-day average closing price" for DNeX-CA.

Posted by Chang206 > 2022-03-23 15:08 | Report Abuse

@ KingDavid, Call warrants issued by IBs are all cash settled on expiry. The last share price (so-called settlement price) of a stock (eg. Dnex) used to calculate its expiring calll warrant (eg. Dnex-CA) whether is in the money (there is cash return to warrant holder) or out of money (no cash return, warrant get burnt), IB don't use the closing price of last trading day before expiring ( easing to manipulate), they use the 5-day average closing price before expiry.

On how structured warrant works, please refer to Bursa website:
https://www.bursamalaysia.com/reference/faqs/securities/faqs_on_structured_warrants

Posted by KingDavid > 2022-03-23 16:05 | Report Abuse

Chang206, thanks for your info.

Posted by KingDavid > 2022-03-23 17:27 | Report Abuse

After DNeX-CA, the next two Call warrants, CC - exercise price @RM1.00 ratio 4:1, CD - exercise @RM1.18 ratio 5:1, both due on 29/4. Unless the share price is above RM1.2, would the share price being controlled anything below RM1.2, at the current Call W's price?

Posted by jk20598 > 2022-03-23 18:17 | Report Abuse

Today Tech Stocks bull run,except Dnex,because IB manipulating the price,or else Dnex price probably above 1.10!? WTF,,,Can complain to SC?

Posted by blackchicken > 2022-03-23 21:18 | Report Abuse

Brent crude oil price close to usd 120

Posted by OngKawKaw > 2022-03-23 21:33 | Report Abuse

GO JK GO!!! WACK SC KAW KAW!!!

Posted by Icon 888 > 2022-03-23 22:11 | Report Abuse

Aiyo.. operator tengah unload banyak ticket.. becareful

Posted by hoot9e996 > 2022-03-23 22:17 | Report Abuse

what will dnex do ?
this counter confusing so many news no idea which is true
1) tech rebound rally
2) oil rally
3) politic rally
4) news on growth/expansion
5) new directors

e

Posted by hoot9e996 > 2022-03-23 22:25 | Report Abuse

watch the infamous "fund-raising" 700m incoming for expansion
my guess would be PP by someone well-known !!! lets go TP 1.5

Posted by johnmasino > 2022-03-24 00:12 | Report Abuse

https://www.cnbc.com/2022/02/11/chinese-chipmaker-smic-posts-record-revenue-despite-us-sanctions.html#:~:text=SMIC%20recorded%202021%20revenue%20of,the%20Entity%20List%20in%202020.

China’s largest chipmaker Semiconductor Manufacturing International Corporation reported record revenue and a surge in profit last year amid a global chip shortage but strong demand.

SMIC recorded 2021 revenue of $5.44 billion up 39% year-on-year, the fastest growth rate since 2010. Profit came in at $1.7 billion marking a 138% year-on-year rise.

That record performance came despite SMIC being put on a U.S. trade blacklist called the Entity List in 2020.

“The global shortage of chips and the strong demand for local and indigenous manufacturing brought the Company a rare opportunity, while the restrictions of the ‘Entity List’ set many obstacles to the Company’s development,” SMIC said in a statement.

SMIC is China’s largest foundry which is a company that manufacturers chips that other firms design. It’s a competitor to the likes of Taiwan’s TSMC and South Korea’s Samsung but SMIC’s technology is several generations behind.

As geopolitical tensions between China and the U.S. have ratcheted up in the last few years so has their battle to dominate key technologies. Semiconductors is one of those areas. China is significantly behind the U.S. in the chip industry but SMIC is seen as key to its ambitions to boost self-sufficiency in the sector and wean itself off foreign technology.

But SMIC can manufacture some of the less-advanced chips that go into cars, for example. Those have been in short supply globally. Last year, China Renaissance forecast that SMIC would be a beneficiary of the chip shortage. That has played out.

SMIC is also continuing to invest heavily and the company said that it plans to spend $5 billion in capital as it tries to get three new plants off the ground in Beijing, Shanghai and the southern Chinese city of Shenzhen.

The company said that it will add more production capacity in 2022, than it did in 2021.

Posted by johnmasino > 2022-03-24 00:14 | Report Abuse

SHANGHAI, Feb 11 (Reuters) - Business boomed last year for Chinese chip maker Semiconductor Manufacturing International Corp (0981.HK) (SMIC) on the back of a global chip shortage, with revenues and profits soaring despite pressure from U.S. sanctions, it said.

Sales for calendar 2021 were up 39% on the year at a record of $5.4 billion, propelled by worldwide demand, the company said in an annual financial report published on Thursday.

Refinitiv data showed it was the company's strongest growth in annual revenue since 2010.

"The global shortage of chips and strong demand for local and indigenous manufacturing brought our company a rare opportunity," Guo Guangli, the secretary of the board, said on an earnings call on Friday.

Profit from operations for the year reached $1.4 billion, a roughly four-fold increase from 2020.

SMIC, which makes physical computer chips to the designs of other companies, has a small share of the chip fabrication sector, which is dominated by Taiwan Semiconductor Manufacturing Co Ltd

But it is the largest and most advanced fab in mainland China, thanks in part to backing from the government, which sees semiconductor manufacturing as key to efforts to foster an indigenous, advanced chip industry.

Sales ballooned in 2021 after a global chip shortage that began in late 2020, driving up prices and bringing a jump in orders.

That year, the company headquartered in the commercial hub of Shanghai said it would build three new fabs in Beijing, the capital, as well as in southern Shenzhen, and its home city, at a cost of several billion dollars each.

On the earnings call, Guo said SMIC expected to open the Shanghai fab in early 2022 and its Beijing and Shenzhen fabs by year's end.

The company is pushing ahead with expansion despite U.S. sanctions that have shaken plans to move into high-end chip manufacturing.

Late in 2020, Washington put SMIC on the Department of Commerce's entity list over concerns it had ties to China's military, requiring U.S.-based suppliers to obtain licenses to deal with the company. SMIC has denied having such ties.

Dutch lithography machine maker ASML Holding NV (ASML.AS) said it had yet to receive permission to ship to SMIC extreme ultraviolet (EUV) lithography machines needed to make the most advanced chips.

On Friday, company officials told investors that orders from SMIC's suppliers still take a long time to fill because of the curbs.

The company has also been through changes in its executive leadership as the sanctions and shortage unfolded.

In November Chiang Shang-yi resigned from the position of vice chairman roughly a year after joining the company, along with three board members.

Two months earlier SMIC's chairman, Zhou Zixue, had also resigned, citing health reasons.

Posted by johnmasino > 2022-03-24 00:23 | Report Abuse

SMIC REPORTS UNAUDITED RESULTS FOR THE THREE MONTHS ENDED DECEMBER 31, 2021

The consolidated financial information is prepared in accordance with International Financial Reporting
Standards (“IFRS”) and is presented in accordance with IFRS unless otherwise stated below.
 Revenue was $1,580.1 million in 4Q21, an increase of 11.6% QoQ from $1,415.3 million in
3Q21, and 61.1% YoY from $981.1 million in 4Q20.
 Gross profit was $552.8 million in 4Q21, an increase of 18.2% QoQ from $467.9 million in
3Q21, and 212.7% YoY from $176.8 million in 4Q20.
 Gross margin was 35.0% in 4Q21, compared to 33.1% in 3Q21 and 18.0% in 4Q20.
 Revenue was $5,443.1 million in 2021, compared to $3,907.0 million in 2020.
 Profit attributable to owners of the Company for 2021 was $1,701.8 million, compared to
$715.6 million for 2020.

Posted by hoot9e996 > 2022-03-24 00:35 | Report Abuse

too long didnt read.
summary please

Posted by johnmasino > 2022-03-24 00:44 | Report Abuse

Car Chip Shortage to 2024 and Tesla Mostly Immune
March 19, 2022 by Brian Wang

I, Brian Wang, have researched the car chip shortage. Many people have said that the car chip shortage will clear up by the second half of 2022 but they are wrong. The car chip shortage will last until 2024.
Tesla has already been handling the shortage better than the other car companies and I have made a video that explains why Tesla is managing better.

What is the car chip shortage and why did it happen? The car chip shortage is a shortage and lack of availability for about 10% of the needed chips. This was mainly caused by the COVID related supply chain disruptions. Carmakers made this worse early in the Pandemic when car sales dropped and carmakers responded by canceling chip and supply orders. They anticipated fewer sales. However, the stimulus brought the economy and car sales back more quickly. Car chips are some of the lowest technology chips that are made. They are made at fabs that are 10-30 years old. Video game console demand went way up and some other stay-at-home products had higher demand. Car chips were at the back of the line.

The length of the shortage relates to how many cars are planned or expected to be built. 2023 would be when there are chips for 80 million cars which was the target for 2021. However, a fully functioning world economy could have demand for 100 million cars. In 2017, there was demand for 95 million cars. 2023 should be a lot better than 2021 but there would still be constraints on car production if cars are not redesigned for more efficient usage of chips or if some new supply from a few more factories is not enough for even higher demand.


It takes two years to make a new semiconductor factory. Chip companies do not want to make a lot of the 20-30 year semiconductors. They want to move forward to up-to-date chip technology.

Joe Justice is an ex-Tesla employee who has described Tesla’s Agile processes. Tesla runs 100% tests that are completely automated for each car. They can trigger the tests to validate over the air software updates or for any changes to the cars as they are built in the factory. Each car has a digital duplicate that describes all components in the car. The digital duplicate and the 100% automated testing has been enabling Tesla to make an average 20 changes per week for cars being built in factories. This means that one Model Y being built a particular way with particular parts and the very next Model Y can be different. They can use different chips or different HVAC or different wiring. The change can be made and tested immediately to confirm that high standards are still met.

There are about 6 major car chip making companies and about 8 almost major car chip makers and many smaller car chip makers. Tesla was able to write new firmware in 2 weeks for each new chip supply source they accessed. Tesla got more chips from more suppliers. Ford used Renesas almost exclusively for chips and could not shift to other sources when Renesas had a fire at a factory.

Other car companies just assumed chip suppliers could solve production issues and have been adding chips to cars for many years. The number of chips in cars has doubled since 2017. There were enough chips for 95 million cars in 2017 but only enough for 71 million cars in 2021. The overall amount of car chip did not decrease but did not increase enough to meet increased demand.

Tesla has been able to redesign how chips are used in their car. They have a new network inside that enables the newest Model S to use 20 microcontroller chips instead of 80. The supply of 80 MCU chips is enough for four cars instead of one.

Tesla makes their own chip design for their self-driving system. This is an advanced chip fabricated by Samsung. Other carmakers use chips and self-driving systems designed by Nvidia that are fabricated by TSMC or Samsung.

The other carmakers use advanced chips for LIDAR and the AI brains for the self driving or driver assist systems. Tesla does not use LIDAR. Tesla only uses inexpensive microcontrollers, sensors and other chips that are usually pennies to less than a dollar and their own self driving AI chip. Tesla uses fewer of the inexpensive chips and has designed to use slightly more advanced versions that are not in short supply whenever possible.

Tesla is more able to adapt to short term shortages by accessing more suppliers and Tesla reacts to longer term shortages by designing for expected availability.

Written and analyzed by Brian Wang. Nextbigfuture.com Sources- Infineon, NXP, IHS Markit, IEEE, Accenture

Posted by hoot9e996 > 2022-03-24 08:44 | Report Abuse

tesla mostly cuz brand anyway.
with how elon musk doing good PR at ukraine war, and oil spike
elon musk alone actively participating in his twitter war to attract supporter lol
that guy my brain move

Posted by HowDareYou > 2022-03-24 08:55 | Report Abuse

dnex's biggest concern now is fund, they need a lot of capital to run the Silterra and Ping. Go and read the news, Zainal already admitted they need additional 600m to 700m for the expansion of Silterra. So he also told to spin off some businesses, but to who and what biz. Apparently they can hardly find the PP buyer else they will lovely issue the PP long ago where the PP gonna expire soon coming Apr22. Leave the difficult problem to the mgmt, but if they can't resolve the capital issue there will be high risk to continue grow the company which is also the issue faced by the Khazanah last time in running the Silterra.

Posted by hoot9e996 > 2022-03-24 09:00 | Report Abuse

just curious why cant company get loans? like use their shares as collateral for borrowing. that 1 way of doing it i guess.

Posted by Trevor777 > 2022-03-24 09:03 | Report Abuse

So that guy who said earlier that Dnex has Cash in hand of close to RM1 Billion was farting thru his upper hole?????.....hehehe

No wonder he deleted his post and scooted off, tail between feet.

Jokers!

Posted by TedTock > 2022-03-24 09:26 | Report Abuse

Just to put it in perspective - there are 3 separate timelines and phases involved when talking about funding needs:

1) The group recently approved about RM645 million worth of investment to increase SilTerra's annual production capacity by 20 per cent from the current 8.3 million to 10 million mask layers per year, which will be ready for production by early 2023.

2) "To go to maximum capacity, we may need another RM600 million to RM700 million to spend to increase the capacity and make some other improvements," Syed Zainal told the New Straits Times and Berita Harian in an interview last week.

3) "Subsequently, we probably need to have another expansion to reach about 12 million capacity per year. However, decision has yet to be made – we have to look at how the demand will grow for the next one to two years."