Posted by duatlai > 2024-03-03 13:36 | Report Abuse

If siltera foundry were to lead by other people besides Syed or bin the value would be.....?
Imagine SilTera price at least Rm1 , Leap market.

Posted by JamalHussien > 2024-03-03 13:45 | Report Abuse

They organized a DARE event,

DARE to screw up share price
DARE to screw up shareholders
DARE to screw up key business partner CGP
DARE to change financial year end for nonsensical reason
DARE to be not 100% focus and post Middle East war stories on Instagram during work hours
DARE to smile and wave and do nothing at AGM
DARE to act serious kononnye at AGM
DARE to create lousy app that nobody downloads


After all, DARE to extract salary after screwing up

Posted by JamalHussien > 2024-03-03 13:49 | Report Abuse

Hope next is not EGO event,

EGO enough to ignore shareholders
EGO enough to deteriorate financial performance
EGO enough to ignore their incompetencies
EGO enough to not recognise that they are not the best people to lead the company
EGO enough to issue shares to themselves despite destroying company’s financial performance

After all, EGO enough to think they are the best people (whole Malaysia know they screwed up but themselves)

Posted by fl888 > 2024-03-04 03:46 | Report Abuse

An EGM should be called by by >10% shareholders to remove the present CEO and BODs who are seen to be under performing and using Company name for personal selfish gain….

Posted by Mixologist > 2024-03-04 09:00 | Report Abuse

Take screenshots of their social media posts and send it out to shareholders, including the wave and smile posts.

Posted by KingDavid > 2024-03-04 09:16 | Report Abuse

We can only comment here but we can't do much.

Posted by KingDavid > 2024-03-04 09:19 | Report Abuse

Unless there is news either on the top management team or better news on the dispute between CGP and DNeX, or solid news on government projects, the share price will not move.

Posted by fl888 > 2024-03-04 09:32 | Report Abuse

Possible US may sanction Dnex for their actions....

Posted by KingDavid > 2024-03-04 09:43 | Report Abuse

No lah! Who is DNeX in the eyes of the USA?

Posted by KingDavid > 2024-03-04 11:44 | Report Abuse

Global market & local market are good at the moment, and so no pressure to sell down. Wait till markets turn from good to bad, then we can see whether the share price of DNeX is already reaching bottom.

Posted by Gaussian > 2024-03-04 12:19 | Report Abuse

All Hamas supporters will be sanctioned by US

Posted by Gaussian > 2024-03-04 12:20 | Report Abuse

Then just wait for money to fall from the sky. lol

Posted by Kanenites > 2024-03-04 15:41 |

Post removed.Why?

Posted by NatsukoMishima > 2024-03-04 15:49 | Report Abuse

Wah jamal condemn kaw kaw !

Posted by NatsukoMishima > 2024-03-04 15:52 | Report Abuse

I wonder what will all the sabotage mouth reaction if dnex rebound kaw kaw suddenly !

Posted by Mixologist > 2024-03-04 16:03 | Report Abuse

It’s nice to dream

Posted by BullishFei > 2024-03-04 16:09 | Report Abuse

susah utk investor dnex

Posted by Gaussian > 2024-03-04 17:03 | Report Abuse

Dnex need the 1 billion contract. lol

Posted by i3Broly > 2024-03-04 17:08 | Report Abuse

Looking at it fundamentally who deserves the contract?

Posted by UncleFollower > 2024-03-04 17:27 | Report Abuse

DNEX is ok. This counter is fairly liquid, you can trade it

Short term, we see whether it touches 0.330 again. That's a strong support. If it breaks then short term traders can watch with popcorn dont act. Should it touch 0.330 and bounce back, that's a nice retest of lows. There's still the intraday low of .315 to watch out for. It'll be far more interesting even for anyone who already has shares for it to retest .330 quickly rather than go 34-35 sideways

NIISE supposed to be announced 26th March which is just a few weeks away. The way the 3 counters have been moving, they are saying DNEX is out lol. Expect a small blip if they get NIISE. To answer i3Broly, I suppose we should think DNEX, they are the largest and have credibility for already having multiple Govt contracts, IRB is a strong one albeit so small. Tun Noor's sweet smile and waving and CEO's Palestinian crusade should help the cause

In the next few months, placement expected. The classic move is to spend a few weeks to a month drive it up (but before that which is now, push it down), then placement comes and drive it up further for placement shares to be unloaded. Placement price usually forms a good psychological bottom. So if they place it out at say 38 cents, it should form a new bottom until it breaks. Granted, 38 cents would be terrible and hugely dilutive to existing shareholders. But we take what we get, better than nothing

Longer term, many unbelievable events
1) Silterra CGP arbitration resolution. Whatever the outcome it should be better than now, if we look back how much it has fallen since the uncertainty. CEO say 1Q24 will resolve. But we should get use to delays. So, long term, wait
2) Foxconn JV, plans submitted back in Aug-Sep'23. Govt so eager for FDI. What's up here? Does everyone really have to move this slowly. Consolation, at least this MOU did amount to some hope.
3) Recovery of semicon demand. Inari, AEM, etc are not doing well too. Well, all of them are consistent to say recovery is in sight 2H24. But this is what they say, it could drag on and on.
4) First oil from Ping which will double output, and eye on the spin-off oil listing they want

Fuyoh if it all hits this isn't just a 1B counter la

Risk scenario, the way the share is moving, cannot rule out a rights issue. Consolation, they have to have good reasons, it could be Foxconn JV, Silterra takeover/upgrade, Ping acquisition of new oilfield etc...all of which isn't too bad la. If we already have a lot, we can only hope they are going to issue at a higher price. If we dont have much, then whatever comes is fine, we can buy low sell high lor

So DNEX is okla. Add it and play with it

Posted by i3Broly > 2024-03-04 17:53 | Report Abuse

Insightful

Posted by anson938 > 2024-03-04 18:15 | Report Abuse

https://www.klsescreener.com/v2/news/view/1287757

Posted by 8dragon > 2024-03-04 20:40 | Report Abuse

Ini berita sdh basi lar....staled news

Posted by Gaussian > 2024-03-04 21:13 | Report Abuse

Don’t underestimate the Islamic CEO prayers lol

Posted by Gaussian > 2024-03-04 21:18 | Report Abuse

Everything is working mysteriously and mystically lol

Posted by NatsukoMishima > 2024-03-04 21:42 | Report Abuse

Beside dnex who else can handle NIIS mega project?all other company will be terminated even get project just like iris !

Posted by anson938 > 2024-03-04 21:52 | Report Abuse

@8dragon, you see the title properly, its extended news since 26 Feb 24

Posted by anson938 > 2024-03-04 21:55 | Report Abuse

This article first appeared in The Edge Malaysia Weekly on February 26, 2024 - March 3, 2024🖕

Posted by Hachi Hachi > 2024-03-05 02:16 | Report Abuse

lousy

Posted by Balian de Ibelin > 2024-03-05 05:07 | Report Abuse

wafer shipments dropped 7% after DNex expanded capacity by 20%
large excess capacity
Silterra expanded capacity for fun purposes.

next QR still losses, no technical rebound yet.
business prospects for wafer look dim for 2024, exactly opposite to mgmt. forecast.
Silterra is likely to continue making losses in 2024

Posted by fl888 > 2024-03-05 06:42 | Report Abuse

All the COO, CEO and BODs are smiling while the shareholders are all suffering …

Posted by KingDavid > 2024-03-05 09:26 | Report Abuse

JamalHussien, you have spelt it and all the kacang putih can hear it loud and clear. We need the top 10 shareholders to hear and take action.

Posted by Mixologist > 2024-03-05 09:37 | Report Abuse

This is a case of poor governance

Posted by stockist888 > 2024-03-05 09:38 | Report Abuse

comedy of errors, a classic example of PLCs Not to Invest In ... we didnt do our homework !!! LOL

Posted by duatlai > 2024-03-05 10:23 | Report Abuse

Why Foundry in other countries are making super progress compare to Silterra?
Is due to politics or Malaysian attitude?

Posted by Jack Khan > 2024-03-05 10:26 | Report Abuse

China is making it's own Wafer la! Anything above 14nm harga sayur kangkung!

Posted by KingDavid > 2024-03-05 11:44 | Report Abuse

When most investors lost all hope in DNeX, that is when we suppose to buy. Ha.........

Posted by Balian de Ibelin > 2024-03-05 11:49 | Report Abuse

after lost all hope then can still lose underwear.

after lost all underwear can till lose pampers.

some people even lose kuku after that

the still can lose balls, 1 at a time. 😁

Posted by Mixologist > 2024-03-05 11:52 | Report Abuse

Even if they replaced the leadership, they will be replaced by similar people. It’s a never-ending cycle.

Posted by NatsukoMishima > 2024-03-05 12:19 | Report Abuse

Dnex will get NIIS , buy in dip , dont miss this golden chance !

Posted by ken2004 > 2024-03-05 13:02 | Report Abuse

All the bad news seems already price in, next is just anything worst awaiting behind...........like how many quarter in red somemore........

Posted by duatlai > 2024-03-05 15:38 | Report Abuse

Bak kut Teh nano chips

Posted by fl888 > 2024-03-05 15:38 | Report Abuse

Must have found takers for 323 million Private Placement Shares at 34cts....

Posted by duatlai > 2024-03-05 15:49 | Report Abuse

Bak kut Teh up 1¢ during weak market, impressive

Posted by duatlai > 2024-03-05 16:21 | Report Abuse

Htpadu already reached blue sky
Dnex out Niise

Posted by Diego66 > 2024-03-05 16:22 | Report Abuse

DNeX, HeiTech Padu, Theta Edge shortlisted for NIISe project. 1/3 chance to get it 🙂

https://theedgemalaysia.com/node/702335

Posted by Gaussian > 2024-03-05 16:47 | Report Abuse

Prayers prayers prayers. lol

Posted by fl888 > 2024-03-05 17:33 | Report Abuse

Among 3 shortlisted for NIISe project, Dnex has the most financial resources and experiences and got 323 million PPs to lure relevant partners …

Posted by anson938 > 2024-03-05 21:41 | Report Abuse

Beside cash in hand RM400 millions +++

Posted by KingKoil > 2024-03-05 22:27 | Report Abuse

Sell on news