It is fair for Mr market to price Dnex at today value??? Siltera foundry business itself can value how much? Just compare to some new listed! Agmo, popstar
The share holding issue between Dnex and CGP for Silterra needs to be resolved before the share price can move upwards significantly. There was a massive sell down when this was first announced. If my memory serves me rights I believe Dnex had said they expect the outcome of arbitration know first quarter 2024. Hope it is settled amicably. Than we will see some upward movement.
QR better to be bad , so we can collect more for upcycle of semiconductor , investment is about forward looking. Invest in the right industry at their lowest cycle like now. Cheers !!
Qr will be released today or tomolo---Sharks follow the exact "playbook " as I said 2 days ago. Pump-up and used IDSS to maxi return---sorry for sui-yee ikan bilis
just before CNY, i did saw a Qr release But it flash past very fast, i did saw a small profit ( maybe 7-8mil )--- And Huge Oil Tax Expenses about 250mil so i went in to do some digging ( just saw UK impose like prosperity Tax on Oil and than every thing disappeared from Bursa listing )---Will management change results since i think results will not be release until 29Feb?????????????
We all know the problems, the dispute with CGP, the cooperation of CGP with Hon Hai in Siltera?, the transfer of 359 million shares from Arcadia to Annedjma Capital, the motive of taking Ping to private and many more....just because there is no one real boss making decisions for the good of the company.
The JV w Foxconn to build the wafer fab plant in Negeri
Proposal submitted in Aug'23
It's hard to understand what's going on, why the delay
Shouldn't Tengku Zaf and the administration be very eager to bring in a big name like Foxconn, and this relates to semicon and EV for them so all the trending themes...
The Board of Directors of Dagang NeXchange Berhad wishes to announce that Innovation Associates Consulting Sdn. Bhd., a subsidiary of the Company had accepted the Letter of Acceptance from the Inland Revenue Board of Malaysia (“IRB”) in relation to software maintenance and support as well as applications improvements of the IRB’s Hasil Integrated Taxation Systems (“HITS Project”).
The tenure of the HITS Project is for a period of two (2) years from 15 February 2024 to 14 February 2026. The total value of the HITS Project amounts to RM11,168,840.00.
The Board of Directors is of view that the HITS Project is in the best interest of the Company and is expected to contribute positively to the earnings and net assets per share of the Company for the financial year ending 31 December 2024 onwards.
The Board of Directors do not foresee any exceptional risks other than the normal operational risks associated with the HITS Project.
None of the directors and/or major shareholders and persons connected with a director or major shareholder has any interest, direct or indirect, in the HITS Project.
How can share price improve when the world is moving forward and improving everyday like Nvidia, but director of this company Tun Noor Tun Razak holiday and makan everyday moving backwards?
shareholders should write to CGP to buy Dnex shares, so CGP can takeover Dnex and fire all the incompetent management and BOD that prioritises holiday and makanan sedap over working hard
alamak , wasted my cash from selling cats and dogs to collect it at lower price if Q4 report bad. wtf . Need to load more when semicon at lowest cycle now !
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....
DickyMe
14,883 posts
Posted by DickyMe > 2024-02-21 13:37 | Report Abuse
Even if given free, it belongs in dustbin.