DNEX has usually been very active in announcing MOUs. And every MOU signed leads to further decline in its share price. Now it has moved up without news. What does this say to you?
You're probably quite anxious now. You're afraid to sell at 44 because the upside is so huge. Yet you're more afraid to hold because you have been disappointed q after q, or if you're a new investor you do see what this counter has been doing
Seriously not much expectation in this qtr, if really in big green, cannot be all so pessimistic, the rest so hype is just think you will get this contract then contract but the one favorite to get the contract already flying, this only thing if break above 0.40 is purely to sustain that PP of 0.36 else who will want to buy that PP.........
Dagang NeXchange Berhad (DNeX) owns a 60% equity interest in SilTerra. The acquisition was completed on July 26. The remaining 40% stake in SilTerra is owned by Beijing Integrated Circuit Advanced Manufacturing and High-End Equipment Equity Investment Fund (CGP).The acquisition is part of DNeX’s strategic plan to enter the semiconductor market.
SilTerra is a global semiconductor foundry based in Malaysia. It offers CMOS fabrication processes for integrated circuits (ICs) in Advanced Logic, Mixed Signal & Radio Frequency, and High Voltage applications.
As industry convergence continues to shape the future of nanoelectronics in healthcare, life sciences, mobility, and connectivity, SilTerra is collaborating with partners and customers to develop tomorrow’s connected technologies. By building on its current process technologies, SilTerra has progressed into more advanced technology areas such as Silicon Photonics, Bio-photonics, MEMS on CMOS, Galium Nitride (GaN), BCD, and Discrete Power – also known as “More-than-Moore” technologies.
SilTerra has been working with customers to develop and launch leading-edge products such as bio-sensors, DNA sequencing chips, next-generation fingerprint sensors, micro-mirror displays, and ultra low-power chips for applications in IOT, consumer electronics, data communications, industrial automation, healthcare, and automotive segments.
SilTerra’s advances in the field of power management and high efficiency power devices have enabled their customers to address green technology requirements in the mobility and industrial automation markets.
Globally, SilTerra is ranked 17th by IC Insights in the category of pure-play foundries. The company caters to consumer electronics, automotive, life sciences, industrial, and other sectors.
Apparently both bids submitted have a wide gap amouting to hundreds of millions. Govt trying to understand the variance and not looking only at lowest bid
In any event, NIIS is a bonus to DNEX shareholders - we never really bought into DNEX for this division. It's Silterra, CGP Settlement, Foxconn new fab plant and PING Petroleum
2 years ago Zainal Abidin wanted to buy PING for RM1 billion. 2 years go DNEX has yet to win the couple of new Petronas Contract/ Oil field license announced I think back in Oct and this year. DNEX has not much debt - think oil outlook and 2 years ago 1B, compared to DNEX's market cap and balance sheet, Silterra and NIISE...what does that say to you?
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....
UncleFollower
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Posted by UncleFollower > 2024-05-21 17:31 | Report Abuse
DNEX has usually been very active in announcing MOUs. And every MOU signed leads to further decline in its share price. Now it has moved up without news. What does this say to you?