Apple just gave up EV project, which mean Foxconn's EV manufacturing plan would be affected. So for Foxconn plan on the JV with Dnex in Seremban Fab (producing chip for EV) may not come true. What Dnex left is the chances of getting the NIISE project from government for a boast to its share price. However personally, I think with the close relationship with Mahathir, the chances is low.
This QR results is Not what i saw " before CNY starts ( they changed it in 14 days ---hahaha ) As i said I saw net profit about 6--7mil ( now loss before Taxes is 56mil )---Under Note 14, now accounts say UK Energy Profit Levy is 142m---i saw about 250m----And net loss for the period was "250m" ( about ) as compare to latest release Net loss 56 mil---Syabas Accountant for fast turnaround
DNex and several GLC type organisations are just useless and cannot focus on what they are meant to do as these fellows who run them are placed in there through networking/political influence or family ties. There are quality bumiputra professionals out there but they do not have connections and therefore lose out to these clowns.
This trash management led by Syed Zainal and Azhar Othman needs to be fired immediately. These Proton jokers always talk talk talk but cannot execute any business.
They think business is all about talk and have no ability on execution. If these trash has any dignity, they should at least refund the salary they extract from the company.
Shareholders telah ditindas oleh useless management yang angkat gaji tanpa kerja kuat
Can anybody explain to me why last year Q4 2023 they made a profit of 47.5 Mill RM when Silterra was only 128 Mill turnover and the other divisions was almost similar ASs per the article below..
In 4Q FY2023, the Group reported a net profit of RM47.5 million against RM275 million in revenue. In terms of revenue breakdown, the Technology division contributed 47 per cent to total revenue, while the Energy and Information Technology (“IT”) divisions contributed 33 per cent and 20 per cent respectively to revenue.
The global semiconductor industry market affected the Group’s Technology division where it recorded RM128.1 million in revenue compared to RM254.1 million in 4Q FY2022. Revenue from the Energy division stood at RM91.7 million as compared to RM135.7 million in the same quarter last year, affected by lower average oil prices of USD74.7 per barrel, from USD115 per barrel earlier. Revenue from the Information Technology (“IT”) division stood at RM55.3 million from RM60.8 million in the same quarter last year due to conclusion of several IT projects in the previous year.
AQlso Inin q5 and Q6 there was only a difference of 12.7 Mill Rm differece in sale where Q6 was 12.7 Mill Less howener in Q5 the loss was "only" 15 Mill for silterra but Q6 it was 31 Mill rm in Loss...It does not make sence that 12.7 Mill less sales can add 16 Mill more Loss ??...Anybody can explain that to me ?
management manufactured "#" for private placement ( sell shares to so-jai ) Once the # are tangle-up, it takes many Qr to un-tangle them. Results always look funny-----Dnex strictly for Goreng only
I did not expect the company is in so deep shit that the group MD has not come out to clarify the shit that the company is in. If it is in any of the foreign companies, he should have the dinity to resign. Maybe it is not normal for a captain in a listed company in Malaysia, to do the right thing. Maybe it is normal to stay on especially when there are no real bosses in the company to hold him responsible. We need to have a real boss to call the shot in the company before the company can be steer in the right direction. In conclusion, DNeX will be going through hell before it can be turned around. The current captain does not have the wisdom & foresight to steer the ship on the right path.
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....
MiddleAge
29 posts
Posted by MiddleAge > 2024-02-28 12:59 | Report Abuse
Apple just gave up EV project, which mean Foxconn's EV manufacturing plan would be affected. So for Foxconn plan on the JV with Dnex in Seremban Fab (producing chip for EV) may not come true.
What Dnex left is the chances of getting the NIISE project from government for a boast to its share price. However personally, I think with the close relationship with Mahathir, the chances is low.