PMBTECH FREMONT, Calif., July 26, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, announced today it has entered into a Master Service Agreement (“MSA”) with YBS International Berhad (“YBS”) (MESDAQ: YBS:KLS), a Malaysia-based investment holding company with segments including electronic manufacturing and assembly, high-precision engineering, and precision machining and stamping, among others. The agreement secures $70 million of non-dilutive funding to support Enovix’s Fab2 site in Penang, Malaysia, and its first Gen2 high-volume manufacturing line
In 2017, we introduced PMB Silicon into our portfolio. Operating from Sarawak, Malaysia, our plant uses renewable energy (hydroelectric) and follows strict industry and sustainable practices in our manufacturing process. The Group’s vision is to become a global player in the production of silicon metal and aluminium fabrication industry.
PMB Silicon is located in Samalaju Industrial Park Sarawak, in an area regulated by the Department of Environment Malaysia. It is built within an area planned for five phases of development and facilitated by two purpose-built ports.
Sarawak is also blessed with high annual rainfall and an abundance of rivers that provide affordable and renewable energy to power our plant. There is also an abundance of high-quality raw materials to ensure our supply chain is never disrupted.
Likewise i have been cursing this counter and sold off my 50 lots at breakeven price of 4.85 last week to switch stock and now out of the blue the price jump !
PM exporting aluminium which is link tto commodity LME trading price which shoot up yesterday. the reason why i dont have patience with this counter is beside performance i still have to counter with LME price . performance good but LME price drop LME price down but performance good yesterday price up is becos finally both LME & PERFORMANCE are in tandem and align
its damn difficult to play this counter except to buy at weakness and sell on strength.
YA loh my remiser say i dont have patience always fast in fast out. hahaha! anyway this counter has been sleeping for a year lah and you are right this is a fundamental counter so just buy upon weakness and sell upon strength will do. so many times even company performance good but LME price down this counter will continue to sleep soundly only
Mining sector sees Record Production in FY 2024. Significant. Growth in the Producrion of Key Minerals and Aluminium metal . Pmetal tetap boleh dan pasti boleh .
Aluminium investing future price at 1.55 pm M'sia time is 2622 . Rusia aluminium kena kick out from LME. Ini kali lah Pmetal memang boleh dan pasti boleh dan tetap boleh .
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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....
James Yeo
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Posted by James Yeo > 2023-06-06 14:15 | Report Abuse
Press Metal Aluminum (PM) is currently generating a return on equity of 26.8%,
https://www.smallcapasia.com/4-malaysian-blue-chip-stocks-with-high-roe/