HAHA, rubbish stock, always period, down and down, eat more more viagra, even armada is now more power than this rubbish stock, where is your ping petroleum, rubbish
NatsukoMishima Dont give up all dnex believers , learn from japan football team spirit beat 2 world cup champions to march to the last 16 , be patient will pay u huge gains later ! Gambade japan beat Croatia to go last 8 ! 02/12/2022 6:03 PM
Any shareholder grievances should be voiced out to the management and also be reflected in your voting of agenda items.
Note that SilTerra has completed a new LTA for its Silicon Photonics ramp up with a prominent US customer. Silicon Photonics chips are high in demand due to its high value and economical use for data centers.
Prospects of SilTerra remains bright, and if Beijing CGP decides to sell out its 40% if the arbitration does not go in their favor, there are many other large players waiting in line to buy in such as Foxconn
Update from AGM: - Silterra technology roadmap completed - MOU with Foxconn is on track, details will be announced when ready. Does not rule out plan to manufacture EV but focus now is on 28nm fab with Foxconn first. - 70% LTA with ChipOne, ILI & Holychip fill the gap for next 12 month period, and orders from new key customers fill the remaining 30% - 10% capacity upgrade will be ready by 1H23. ASP for MEMS and Silicon Photonics command very high margin and Silterra is a key player - MEMS used in smart car revolution and autonomous driving - Silicon Photonics used for next generation data centers, high performance computing and sensors for EV - Working with IMEC on establishment of Joint Semiconductor R&D Centre which is intended to be IMEC's Regional R&D Centre in South East Asia
- Malaysia is in good position to benefit from chip war between US & China - Company not affected by minimum wage as all employees earning above RM1,500 per month - In view of good corporate governance, Chairman Tan Sri Mamat not seeking re-election as he had served 9 years (close to 10 years requirement for good corporate governance).
Overall: Company in very good position for 2023 due to increase ASP from LTA and high margin from remaining 30% capacity. Ping Petroleum riser has been fixed and capacity will improve back to 100%. IT revenue on track and diversification beyond NSW bearing fruit
Verdict: As seen in growing institutional participation in Dnex's shareholding, Dnex is poised to be a MEMS and Silicon Photonics champion in semiconductor in South East Asia, temporary setback from arbitration not expected to have major impact as relationship is still cordial between both parties, and just want to sort out the facts legally.
Don’t think DNex can go back to even 80sen levels. For now it’s 55 - 57 sen range. Don’t place your hopes too high. DNex can only move if n when the impasse with their China partner in SilTerra is resolved amicably. Meanwhile, they are many other good counters to invest. For those who bought at above RM1 wait for another 6 months
Watch your language and be kind to others who may have lost their hard earned money. We are here to share and to support fellow investors not run people down. Karma will bite you hard if you are unkind. We all should be kind and helpful. Please
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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....
EVO118
2,094 posts
Posted by EVO118 > 2022-12-04 14:29 | Report Abuse
Gaussian
Are you referring to Tengku Zafrul Aziz (TZA)? No big news, he only just got into MITI. Will need months before he can pull something out.