JUDGING BY THE PUBLIC INFORMATION GIVEN BY THE COMPANY AND SOME COMMON SENSE ON SHAREHOLDING, THE CHANCES OF PEB‘S RTO TURN SOUR ARE LOW. AND BASED ON PERSONAL EXPERIENCE BY STUDYING RECENT RTO CASES, WE HAVE NO CHANCE TO BUY AT A CHEAPER PRICE LATER ON, ONCE ITS GONE, ITS GONE.

THAT BEING SAID, THERE WERE NO CONTROLS ON WHEN WOULD PEB COMPLETE THE DEAL AS WELL AS THE MOVEMENT OF SHARE PRICE. DO YOUR OWN ANALYSIS AND MAKE WISE INVESTMENT DECISION.

MIND YOUR OWN RISKS WHEN INVESTING IN PIMPINAN EHSAN BERHAD (KLSE:PEB)


https://klse.i3investor.com/blogs/afsskylimit/2021-03-23-story-h1542931250-PEB_5622_IS_THE_SOLAR_GAME_A_HOAX_OR_REAL_DEAL.jsp

Tomorrow Uncle KOON will be selling off OSK to make a quick buck. Promote then sell to the clowns who start chasing OSK.

That's KYY's modus operandi.

Must be Musang King Trevor lol.

Posted by Trevor777 > Mar 22, 2021 4:07 PM | Report Abuse

Nail balik? based on what? Buying a piece of land to plant durian?

Flushing out works completed. Dnex will be the best performing stock this year. Don't miss it. Massive potential- Folks.

Keep Accumulating Dnex- Super Value- big discount today
------------------------------------------------------------
Silterra increased ASP for 200mm wafer by 20-30% since beginning of the year.

FY21 orders have been filled up since last December.

ASP continues to be on upward trend as chip shortage situation worsens.

On Silterra's revenue of RM620mil (before ASP increase), every 1% ASP increase is 1% free profit.

Dnex and Beijing CGP will also pay off all remaining Silterra's borrowings of RM230mil, reducing interest cost to zero.

From ASP increase and finance cost savings, Silterra's profit is expected to be RM260mil - RM300mil (Could be higher if Bejing CGP's limited partners Sai Semiconductor and SMIC transfer more high margin loadings to Silterra).

This excludes Silicon Photonics segment that is experience high order growth due to widespread use in data centre and high barriers of entry (Silterra invested in Silicon Photonics for years while other Pure Fab players ramped up 300mm wafer)

Assuming Silterra's contribution to Dnex is RM230mil (60% Dnex share) for FY21, Ping Petroleum is RM50mil, NSW is RM20mil, Undersea cable is RM1mil = Total Dnex profit is RM209mil

Using conservative PE of 25x on fully diluted share base = RM209mil / 2,950mil shares = RM1.80/share

Another exercise to flush out the short term players/impatient one. Excellent !

The ones that believes in Dnex will be laughing all the way to the bank.

DEMAND TO OUTSTRIP SUPPLY FOR NEXT FEW YEARS - Hartalega Boss MR KUAN

Here's the quote:

"In addition, the sector is expected to undergo a structural step-up in demand on the back of increased glove usage from emerging markets with low gloves consumption per capita and heightened hygiene awareness. The overall projected growth in demand is expected to outstrip supply for the next few years. "

Worldwide Glove demand will be sustainable for many many years. In addition Covid19 is widely seen to be endemic. It will be like the annual flu vaccine.

Good HYGIENE is key to ward off any form of virus.

Usage of Gloves will not be confined to Hospitals alone.

Covid cases are rising in 21 states (in USA) as health officials warn against reopening too quickly.
--------------------------------------------------------------------------------------
PUBLISHED SAT, MAR 20 20213:32
Emma Newburger-CNBC

KEY POINTS

1-Even as the pace of vaccinations accelerates in the U.S., Covid-19 cases are increasing in 21 states and highly infectious variants are spreading even as governors begin to relax restrictions on businesses.

2-Public health officials warn that while roughly 2.5 million people nationwide are receiving shots every day, infection levels have plateaued this month and some states have failed to reduce the number of daily cases.

https://www.cnbc.com/2021/03/20/covid-cases-are-rising-in-21-states-as-health-officials-warn-against-reopening-too-quickly.html

Malaysian glove makers are ‘too cheap to ignore’ after recent fall in share price, analyst says.


TOO CHEAP TO IGNORE !


ESPECIALLY SUPERMAX.

Supermax is trading at a Forward PE of Just 3.3 times.- while sitting on RM3.56 Billion cash pile.
Supermax best describes the extent of irrationality of the market right now.

US vaccine sceptics would rather be jailed than get jab
-------------------------------------------------------
Author: Tan KW | Publish date: Sun, 21 Mar 2021, 3:20 PM

MARTINSBURG, United States: Patients stream steadily into the Covid vaccine centre that Todd Engle can almost touch from his West Virginia backyard. But like scores of other Republican voters, force would likely be required to get a dose into his arm.

Many of the party's millions of supporters are among the nation's most vaccine-sceptical people, which experts see as a dangerous barrier to finally taming the virus that has killed more than 540,000 in the United States.

"If they try to make me get it, they're just going to (have to) put me in jail," the 58-year-old Engle told AFP from the porch of his home in Martinsburg, referring to health authorities. "I just don't trust them."

Covid-19 cases are rising again in much of the world.
----------------------------------------------------
More transmissible variants, rather than changes in behaviour, are largely to blame

Mar 19th 2021- The Economist.

LIKE A STORY-BOOK villain, the covid-19 pandemic has a habit of fighting back from the brink of defeat. Last summer politicians were quick to assume that the coronavirus had been squashed, only for a second wave to engulf much of Europe and North America in the autumn. Then, as vaccine programmes got under way in December, new mutations of SARS-CoV-2 emerged that may lower the efficacy of those vaccines. Today a third wave of infections is sweeping through Europe, forcing many governments to impose another round of lockdowns. From midnight on March 19th, 21m people in France will enter a new month-long lockdown, on top of a nationwide curfew that has been in place since January 16th. Angela Merkel, Germany’s chancellor, warned that her country would probably need to apply an “emergency brake” and reimpose a lockdown.

The recent rise in global cases is worrying. They fell by half between January 11th and February 20th, but have since risen by 30% from that low point. Cases are currently highest in Europe, particularly in eastern Europe. Both Estonia and the Czech Republic are recording more than 100 new cases per 100,000 people a day. In the EU as a whole, that rate is 31 per 100,000, not far below the mid-January peak. Hospitals beds in the worst-affected places are full. Cases are also surging in Latin America, where they are up by a third since February.

https://www.economist.com/graphic-detail/2021/03/19/covid-19-cases-are-rising-again-in-much-of-the-world

Europe has missed its chance to stop the third wave. The US could be next.
-----------------------------------------------------------------------------
By Ivana Kottasová and Valentina Di Donato, CNN

Updated 1113 GMT (1913 HKT) March 19, 2021

https://edition.cnn.com/2021/03/19/europe/coronavirus-europe-third-wave-intl/index.html

The myth that the demand will drop after the pandemic
-------------------------------------------------------
The Harta and Topglove CEOs had repeatedly stated that the Demand for gloves will exceed supply for the next 3 to 4 years . They stated that with facts . The short sellers continue to scare off the retail investors with statements like once pandemic is over , demand will go down , supply will exceed demand , price wars , ASP will go down but with no facts or numbers to substantiate their claims

Based on past data compiled by Topglove, during the 8 years from.2011 till 2019 , the CAGR of glove demand was 9 % even though thete was no pandemic during these 8 years. The world demand grew from 148 billions per year to 298 billions per year . During these 8 years the demand and supply was in equilibrium.

That means the total worldwide capacity was able to meet the demand without any excess capacity . This data showed that even.without pandemic , glove demand will continue to grow between.8 to 10 % per year.

Hope this will dispel the myth that the demand will drop after the pandemic.

Supermax upgraded to FTSE All World Index with effect from 19 March 2021.
----------------------------------------------------------------------------

Other companies include India’s Adani Gas, New Zealand’s Infrastructure investment company Infratil and South Korea’s Shin Poong Pharmaceutical, according to a Bloomberg report quoting Smartkarma.

Also the possible inclusion list are Australia’s building products merchant Reece, Indonesia’s candy maker Mayora Indah and Honeywell Automation India.

The changes becoming effective after the close of trading on 19 March."

This inclusion will attract more Foreign funds to invest in Supermax.

LATEST ON CORONAVIRUS IN EUROPE

Charts show that Europe’s third coronavirus wave has begun
-------------------------------------------------------------
FRI, MAR 19 2021- CNBC

LONDON — Warnings of an exponential rise in infections for Germany and a fresh monthlong lockdown in Paris have underlined the dire situation across Europe as the coronavirus surges once again.

The variant first discovered in the U.K. is seen as the reason for the new spike. The strain is reported to be much more virulent than the original one.

KEY POINTS

1-The French capital and parts of the north of the country will enter a new lockdown Friday, although schools and essential shops will stay open.

2- Chancellor Angela Merkel had announced an easing of lockdowns in March.
But German Health Minister Jens Spahn told a news conference Friday that the easing may have to be reversed.

Foreign Funds must have done some rebalancing of their portfolio-

"FTSE Russell is scheduled to announce the results of the March 2021 Semi-Annual Index Review (SAIR) on 19 February with the changes becoming effective after the close of trading on 19 March."

Foreign Funds believe Supermax is Super Undervalued.

By the way, Super must maintain around Rm 6-7 by June 2021 to stay in the Composite Index.

I feel this shouldn't be a problem.

Fundamentals for glove sector remain strong and valuations are as cheap as we have seen for a decade.- Northcape Capital Ltd. -Bloomberg.
---------------------------------------------------------------------
More than $6 billion in market value has evaporated in February alone for Malaysia’s top four glove makers as global vaccine rollouts accelerate and short sellers swarm these pandemic winners.

“There is a narrative around ‘re-opening’ which has definitely impacted sentiment,” said Ross Cameron, a Tokyo-based fund manager of Northcape Capital Ltd., who has been investing in glove makers for more than a decade. “But the fundamentals for the glove sector remain strong and valuations are as cheap as we have seen for a decade.”

Supermax's 3 years PAT will exceed its current market cap of RM11 billion
--------------------------------------------------------------------------

Supermax, plan is to expand its nitrile glove production capacity to 28.5725 billion pieces by the end of this year, and to 40.5725 billion pieces by the end of 2022. As the company operates based on an OBM sales model and as it partners with government agencies in some of its major target markets, I have assumed utilization rate of 90%. According to analysts' projections, the consensus profit margin for this calendar year is going to be approximately 50%, for 2022 - 35%. For these two calendar years, the net should be:

CY2021 = RM4.98 billion (PV @ 7% WACC = RM4.654 billion)

CY2022 = RM2.997 billion (PV @ 7% WACC = RM2.618 billion)

Total for the two years = RM7.272 billion, or RM2.67 per share.

In other words, the cash on hand + the profit for this and the next calendar year, contains 94.3% of the entire current market value of the company.

The company must make close to no profit for its entire subsequent history for the current market valuation to make sense.

Foreign investors were the largest buyer- Foreign Funds accumulating Dnex
-------------------------------------------------------------------------
by Ivy NG Lee Fang, CFA │ T: (60) 3 2261 9073 │ E: ivy.ng@cgs-cimb.com
Malaysia
March 15, 2021

1-Foreign investors were the most significant net buyer last week (8-12 Mar), and they were net buyers of Supermax, Tenaga and DNEX
.
2-Retail investors’ net buying momentum fell 39% wow to RM186m last week, with Top Glove, Public Bank and Inari as their top three net buys.

3- Nominees investors turned net seller, and their top three sells were MBSB, Genting and MRDIY.

4-Local institutional investors continued their weekly net selling spree, albeit lower by 36% wow at RM368m; YTD net sell flow is at RM4.2bn. Their three key sells last week were Top Glove, Supermax and Public Bank.

Foreign investors were the largest buyer- Supermax is the main target.
-------------------------------------------------------------------------
by Ivy NG Lee Fang, CFA │ T: (60) 3 2261 9073 │ E: ivy.ng@cgs-cimb.com
Malaysia
March 15, 2021

1-Foreign investors were the most significant net buyer last week (8-12 Mar), and they were net buyers of Supermax, Tenaga and DNEX
.
2-Retail investors’ net buying momentum fell 39% wow to RM186m last week, with Top Glove, Public Bank and Inari as their top three net buys.

3- Nominees investors turned net seller, and their top three sells were MBSB, Genting and MRDIY.

4-Local institutional investors continued their weekly net selling spree, albeit lower by 36% wow at RM368m; YTD net sell flow is at RM4.2bn. Their three key sells last week were Top Glove, Supermax and Public Bank.

5-Top Glove topped the retail and nominees net buy list but was on the top sell list for local institutional investors. Local institutional investors were top buyers of Telekom, while foreign institutional investors were top sellers.

Fully Agree with you - Bro Pang, naysayers aka paid troll just hentam Supermax kau kau day and night - 24/7. Just like stray dogs barking like crazy.

Superman FLIES whenever rr88 makes his appearance here.

He is heralding the return of Supermax.

Huat Arr. 88

Supermax -The top Stock attracted foreign buying.
--------------------------------------------------
Foreign investors’ turned net buyer after three consecutive weeks of net sells
They were mainly buying glove makers and banks. The top three stocks that attracted foreign buying were Supermax, Top Glove and Public Bank while stocks with the highest foreign outflows were Tenaga, MYEG and DIGI. YTD foreign net selling fell to RM1.4bn.

Supermax's 3 years PAT will exceed its current market cap of RM11 billion - Super undervalued.!


"FOREIGN FUNDS ACCUMULATING SUPERMAX-THE STOCK IS TOO GOOD TO IGNORE !"

The Puncak Niaga Holdings Berhad (Puncak Niaga) Group is the leading in various sectors -

1-Integrated water management systems
2-Wastewater and environmental solutions provider with involvement in the
3-Oil & gas sector
4-Prominent player in the plantation- oil palm plantation
5-Property development sectors.


NTA of RM 2.95

Current Price Rm 63 sen.

Supermax: Trading at Forward PE of 3.3 While Sitting on RM3.56 Billion Cash Pile
==========================================================

Supermax best describes the extent of irrationality of the market right now.

Supermax is currently trading at RM4.18. Ten analysts cover the stock (and all ten have "BUY" calls on it), and they have an estimated consensus PAT for FY21 at RM4.15 billion, and for FY22 at RM2.44 billion. Both of these estimates are at relatively low standard deviations. In fact, excluding KAF's bearish estimates, the standard deviation drops by about 30%. KAF have given a PAT estimate for FY21 at RM3.542 billion, which means that they expect the company will earn a total of RM1.642 billion over the next two quarters.

The company has already declared PAT of approximately 1.9 billion for the first half of FY21, so the remainder is RM2.25 billion. Assuming even distribution of profit in FY22, the first two quarters of that financial year should result in total PAT of RM1.22.

Thus, the total estimated PAT for the next one year should be RM3.47 billion, or EPS = RM1.275.

This means that the 1-year forward PE at present is 3.3.

Undervalued & too good to ignore

Message by J Bond

i3 members have selected 'Casino Royale' as their chips. They have ignored the 'Live and Let Die' & 'Die Another Day' QR result by declaring 'Never Say Never Again' to the hilltop resort. From the 'Goldfinger' of institutional fund, the chips rode on 'Moonraker' & skyrocketed amid some occasional 'Thunderball'. Many kiasu naysayers that do not have 'Licence to Kill' are now eyeing water fish & 'Octopussy' with 'A View To A Kill' by posting Kiasi comment & pretending to be 'The Spy Who Loved Me'.

Stay invested, all must believe 'Diamonds Are Forever' & 'Tomorrow Never Dies'. Always buy on dip to ensure that you won't 'Skyfall' and felt 'Quantum of Solace' with the fluctuating market.

Euro zone countries suspend AstraZeneca Covid-19 vaccine
-----------------------------------------------------------
Publish date: Tue, 16 Mar 2021

LONDON, March 16 — Sterling fell against both the euro and the dollar today as Germany, Italy and France suspended AstraZeneca’s Covid-19 shots amid safety fears, dampening euphoria in Britain over its swift vaccination push.

The euro zone countries said they would suspend the AstraZeneca shots after several other European countries reported possible serious side-effects, but the World Health Organization said there was no proven link and people should not panic.

The United Kingdom said it had no concerns, but analysts have been cautious saying that if the safety fears surrounding AstraZeneca vaccine are confirmed, this could compromise Britain’s speedy inoculation programme.

“Should the EMA (European Medicines Agency) rule that AstraZeneca does indeed have material safety concerns, this would potentially compromise the UK vaccine strategy, even if the EMA no longer have any standing in the UK post Brexit,” said Jeremy Stretch, head of G10 FX Strategy at CIBC Capital Markets.

China’s Communist Party top priority- Semiconductors
------------------------------------------------------
Publish date: Tue, 16 Mar 2021

ByteDance - The Beijing-based company has posted at least a dozen job openings related to semiconductors, including hardware and software engineers in cities like Shanghai and Beijing. A spokesperson for the company confirmed it’s hiring talent as it explores initiatives in the field, including building server chips based on Arm Ltd designs.

ByteDance, founded by Zhang Yiming, has become the most valuable startup in the world on the success of TikTok and its domestic clone, Douyin. The company, last valued at about US$180bil is said to be exploring an initial public offering for some of its businesses in Hong Kong, including Douyin.

In pushing into chips, Zhang is delving into a business that has become a top priority for China’s Communist Party. During the National People’s Congress this month, the government pledged to boost spending and drive research into cutting-edge chips and artificial intelligence, in an effort to vie with the US for global influence.

Baidu Inc, the dominant search provider in China and a ByteDance rival, recently raised US$230mil for its AI chip division ahead of a potential spin-off of the business.

Companies such as Google, Amazon.com Inc and Apple Inc have all worked to custom design silicon as they expand into new fields. Gains in efficiency and security are among the key advantages of crafting application-specific hardware.

ByteDance’s foray could help it produce chips tailor made for processing the data and making AI recommendations for its stable of social apps.

- Bloomberg

2 theme plays to revitalise Puncak

1- WATER theme play

2- PLANTATION theme play -Palm oil -CPO price is surging.

Puncak will be lifted by not just one but 2 theme plays.

The U.S. could experience another Covid-19 surge like Europe
-------------------------------------------------------------
Updated March 14, 2021 3:15 pm ET-WSJ

WASHINGTON—Dr. Anthony Fauci on Sunday warned that the U.S. could experience another Covid-19 surge like Europe if it lifts restrictions too soon and called on Donald Trump to urge his supporters to get vaccinated.

The government’s top infectious-diseases expert said on “Fox News Sunday” that the pace of Covid-19 vaccinations is improving while new cases in the U.S. have plateaued.

Referring to Europe, Dr. Fauci said, “They always seem to be a few weeks ahead of us in the dynamics of the outbreak. Then they plateaued because they pulled back a bit. They thought that they were home-free and they weren’t. And now they’re seeing an increase.”

His warnings came as some states, such as Texas, have begun allowing businesses to reopen at full capacity and dropping mask mandates against the advice of public-health officials. Mr. Fauci called the decision in Texas “risky and potentially dangerous.”

Good closing, flushed out all the contra gamblers. The selling pressure was well absorbed from last weeks massive volume. I feel with effect from tomorrow onwards Dnex will trade above 1 RM.

Brent crude is trading between reached a high of USD 70.03 so far today.

This certainly bodes well for Dnex as it will provide added impetus to surge ahead.

Be patient with this multi bagger in the making.

Latest on Coronavirus-Europe

The Observer-UK

Robin McKie
Sun 14 Mar 2021 10.45 GMT

Third Covid wave sweeps across EU and forces new restrictions
----------------------------------------------------------------
New variants blamed as Italy, France, Germany and Poland see infection rates surge

A third wave of the Covid pandemic is now advancing swiftly across much of Europe. As a result, many nations – bogged down by sluggish vaccination campaigns – are witnessing sharp rises in infection rates and numbers of cases.

The infection rate in the EU is now at its highest level since the beginning of February, with the spread of new variants of the Covid-19 virus being blamed for much of the recent increase.

This will inevitably lead to a surge in demand for PPEs namely face masks, surgical gowns and disposable gloves.

The Observer-UK

A third wave of the Covid pandemic is now advancing swiftly across much of Europe.
----------------------------------------------------------------------------------
Sun 14 Mar 2021 10.45 GMT

A third wave of the Covid pandemic is now advancing swiftly across much of Europe. As a result, many nations – bogged down by sluggish vaccination campaigns – are witnessing sharp rises in infection rates and numbers of cases.

The infection rate in the EU is now at its highest level since the beginning of February, with the spread of new variants of the Covid-19 virus being blamed for much of the recent increase.

Several countries are now set to impose strict new lockdown measures in the next few days – in contrast to the UK, which is beginning to emerge slowly from its current bout of shop and school closures and sports bans.

In Italy, authorities recorded more than 27,000 new cases and 380 deaths on Friday. “More than a year after the start of the health emergency, we are unfortunately facing a new wave of infections,” said prime minister Mario Draghi. “The memory of what happened last spring is vivid, and we will do everything to prevent it from happening again.”

Glove makers predict RM38bil export revenue this year

Samuel Chua - March 15, 2021 12:37 PM

The Malaysian Rubber Glove Manufacturers Association says the demand for rubber gloves will continue going into 2022.

Margma president Supramaniam Shanmugam said global demand is far higher than supply “and we see this trend continuing not only for 2021 but also going into 2022”, with 13,318 gloves being used every second.

He told a virtual media briefing he was confident the RM38 billion export revenue target will be achieved.

Genting Kills - Gloves saves lives.
===========================

Posted by emsvsi > Mar 15, 2021 11:32 AM | Report Abuse

To all glove investors, you should look to diversify your portfolio and grow it further


The world moves in cycles - the seasons, economic cycle and recession (10 years), stock market cycle, commodities cycle...

1971 Genting Highlands Opens
2021 50 Years of History and Growth

2009 Global Financial Crisis
2020 Covid-19 Pandemic

2009 Year of the Ox (KLCI +44%)
2021 Year of the Ox

2009 Mar RM3.08 (low) to 2011 Nov RM11.98 (high)
2020 Nov RM2.95 (low) to 2021 RM ????

History always repeats itself

Years of downtrend will be replaced with years of uptrend

Genting will once again go on the Super Cycle Super Bull run in 2021 the Year of the Golden Ox


Sincerely,
EMSVSI

Breaking News
=============

Malaysian rubber glove group says 2021 supply estimated at 420 billion amid global shortage
----------------------------------------------------------------------------------------
Monday, 15 Mar 2021 12:05 PM MYT

KUALA LUMPUR, March 15 — The global supply of rubber gloves available in 2021 is estimated at about 420 billion, Malaysian Rubber Glove Manufacturers Association (Margma) said in a briefing today.

Margma said there will continue to be this year a global glove shortage and a long lead time for manufacturers to deliver products to customers.

The association also said glove demand would continue to be robust until the second quarter of 2022. — Reuters

When will COVID-19 end? A year into the pandemic, public health experts say: NEVER
================================================================
BY JASON SILVERSTEIN
MARCH 12, 2021 / 6:57 AM / CBS NEWS

When is this finally going to end? That's the question on many minds after a year of living through the COVID-19 pandemic.

But public health experts say we do have an answer, and you're not going to like it: COVID-19 is never going to end. It now seems poised to become an endemic disease — one that is always a part of our environment, no matter what we do.

"We've been told that this virus will disappear. But it will not," Dr. William Schaffner, a professor at the Vanderbilt University School of Medicine and medical director of the National Foundation For Infectious Diseases, tells CBS News.

https://www.cbsnews.com/news/covid-19-endemic-disease-never-going-away/

Public Bank is the most efficient/best run bank in Malaysia
-------------------------------------------------
It has strict cost controls as evident from its low cost-to-income ratio compared to its peers. It has good asset quality and is prudent in lending money to customers as shown in its much lower gross impaired loans ratio when compared to the industry.

Sslee must have lost tons following KYY- which explains this bitter childish blog.

Be wise Bro, sell before he sells- If uncle KYY gives a TP of RM3, sell at Rm2.50 or below.

Never blame others when you lose money in the stock market.

The SilTerra JV deal with China will see Dnex Semicon be a leading foundry in SEA.
--------------------------------------------------------------------------------------
A chip shortage that started as consumers stocked up on personal computers and other electronics during the Covid-19 pandemic now threatens to snarl car production around the world.

It’s not just the automotive industry that’s struggling to get enough semiconductors to build their products. AMD and Qualcomm, which sell chips to most of the top electronics firms, have noted the shortage in recent weeks. Sony blamed the chip shortage for why it’s so hard to get a PlayStation 5 game console.

Chips are likely to remain in short supply in coming months as demand remains higher than ever. The Semiconductor Industry Association said in December that global chip sales would grow 8.4% in 2021 from 2020′s total of $433 billion. That’s up from 5.1% growth between 2019 and 2020 -- a notable jump, given how large the absolute numbers are.

Semiconductors are in short supply because of strong demand for electronics, shifting business models in the semiconductor world that created a bottleneck among outsourced chip factories, and effects from the U.S. trade war with China that started under former President Trump.

The U.S. government has reportedly imposed restrictions on exports to SMIC, China’s biggest chip manufacturer, a move that threatens Beijing’s push to become more self-reliant in one of the most critical areas of technology.

The U.S. pressured the Netherlands government to stop the sale of an ASML machine to SMIC, Reuters reported earlier this year. That shipment has not made it to China, highlighting China’s reliance on foreign gear ie the machine that uses so-called extreme ultraviolet (EUV) and is required to make the most advanced chips such as those manufactured by TSMC and Samsung.

Suppliers for certain equipment to SMIC will need to apply for an export license, according to a letter sent to companies by the U.S. Department of Commerce


When the chips are down China will inevitably rise.

@stochraider -respecting each others opinion is important- there is no need to be gung-ho & criticise others- it will not reflect well on you.

Dnex is helmed by a capable entrepreneur and will be venturing into manufacturing semiconductors big time with their Chinese counterpart-BGP Beijing. The demand for semiconductors far exceeds supply currently and in the foreseeable future.

If the JV with China is successful- A fair valuation of RM5-00 not unreasonable.

-----------------------------------------------------------
stockraider > Mar 12, 2021 7:23 PM | Report Abuse

Rubbish loh...!! .

The 1st stage is 10 sen to 20 sen already done

The 2nd stage is 20 sen to 40 sen already done.

The 3rd stage is 40 sen to 80 sen already done

The 4th stage is 80 sen to Rm 1.60.....to be completed now loh!!

We are at Rm 0.95 to Rm 1.03 now loh!

Posted by GoodBoy > Mar 12, 2021 7:17 PM | Report Abuse

Dnex's share price will move up in 4 stages ... The 1st stage is from 0.30 to 1.00, it is almost done ... The 2nd stage is from 1.00 to 3.00, shld be done within a few months ... The 3rd stage is from 3.00 to 9.00, hopefully within 5 years ... The 4th stage is from 9.00 to XX.XX, hopefully within 10 years ... Depending on which stage of progress are you aiming, there is never too late to join at any point of time ...

You are absolutely spot on Bro especially point no.2.-They are forcing you to convert the sooner the better.

Posted by iPlay > Mar 12, 2021 2:26 PM | Report Abuse

Solely my personal view :
With the price moment in the last few days, that the gap between Son and Mother is getting bigger, it seems to me it confirms 2 things:
1. The Silterra deal agreement is going to be inked real soon.
2. They need the proceeds from WD conversion tomorrow not July.

Any comments, my 2 cents only. Hehehe

By the way rr88 is not a Kelantanese- he is a troll. lol.

You are most welcome James & Win7788

Posted by JamesRubin > Mar 12, 2021 12:20 PM | Report Abuse

I like to read the facts you lay Goldberg.. Do continue to contribute..

Any close above Rm1-00 for today is good.

Bt the way Rm1.17 is the upper limit.

1st milestone achieved- hallelujah !

Two men with the Midas touch
-------------------------------
Datuk Eddie Ong Choo Meng and Datuk Seri Chiau Beng Teik, both with little to no experience in the glove manufacturing business, have been quietly making a killing at Rubberex Corp (M) Bhd within a matter of months and weeks respectively.

Ong, a chemical businessman, is sitting on an unrealised gain of RM229.1 million
Just who are these two businessmen?

Ong, 42, is executive director of chemical firm Hextar Global Bhd and non-executive director of industrial products supplier SCH Group Bhd. He was appointed to the board of Rubberex on April 23.

Ong is very much a chemical businessman as he runs Hextar Holdings Sdn Bhd, the country’s largest pesticide producer, founded by his father Datuk Ong Soon Ho.

In 2017, father and son took over locally-listed agrochemical producer and competitor Halex Holdings Bhd. Subsequently, Halex was renamed Hextar Global, following a major business injection by Hextar Holdings.

My Digital boost for Opcom
-----------------------------
OPCOM(0035) is the a clear beneficiary for MyDIGITAL which is a RM15bil plan. OPCOM(0035) has Dato’ Eddie Ong’s attention and he as emerged as a major shareholder, “something is brewing”. OPCOM(0035) is also technically attractive.

Warrants price will be kept low ( kept at at discount to mother share) to entice the warrant holders to convert warrant to mother share.

711 million warrants X 50 cents= RM355 million

Dnex need this funds urgently- for the Silterra acquisition & Ping Petroleum.

Just my 2 cents.

Be cool, calm & patient- Dnex won't let you down.

Just ignore the pathetic naysayers/ trolls particularly the sick 88 guy.

The JV with BGP will prove to be the most powerful catalyst for Dnex - moving forward.

To breach RM1-00 today.