Notion was down 29% just now.... nearly limit down.....

ESOS to the directors was at Rm0.70.....

Nothing particularly got to do with YBS...... Drag down.....

KLSE:
813 counters down 146 counters up.....

Sell down is the particularly MSM, Genetec and Notion..... Whole KLSE drag down....

https://klse.i3investor.com/web/blog/detail/kianweiaritcles/2024-08-22-story-h-153387681-YBS_invest_100MILLION_in_batteries

These looks like planned resignation.... before this, they have ESOS to the directors.... Then10% share placement.... just right before the quarter result release and also AGM on 29 Aug..... All PLANNED....

Something is definitely brewing....
1. Share price PRESSED DOWN
2. Batteries are produced by the agility line since Q2 and shipped to customers for testing....
3. MD reiterated in his interview that Q3 and Q4 revenue from batteries will be substantially higher than 1H2024.....

Pls read their Grand Opening reviews by analyst... you can find alot of them in X (twitter).....

Batteries are being manufactured as we are talking..... Yong already stated that 2H2024 revenues will be much higher than 1H2024....

Share placement is 0.84..... Now the share price is at a discount........

💪💪👍👍

And the MD is super confident....

Yes.... I think so....

Imagine 8 lines will bring YBS revenue of rm2 billion per year from Enovix batteries.... They have 10 acres in Science Park for the manufacturing facilities.... Thats are multiples of 8 lines that can be build from 10 acres.... Imagine how big YBS can grow.... Thats why YBS MD likens YBS to Inari ( 14 billion market cap ).... Imagine the share price of YBS.... But it doesnt happen overnite.... PATIENCE!!!

YBS is not for pumping and dumping... It goes up slowly... like step ladder... becos the nature of it is YBS is building manufacturing lines for Enovix ... every milestone will be a step up.... Contra play will not make money from YBS... Thats why you dun see Telegram gps cheering on YBS.... JUST LIKE GENETEC when genetec move from rm1 to highest rm51....

Jackie Yong, CEO of YBS is upgrading the company considerably. He wants to go from an SME (Small and Midsize Enterprise) to an LLC (Large Local Co). From an OEM (Original Equipment Manufacturer = producing for another brand) structure to their own pure YBS brand. (I like this a lot, how they actually are upgrading Malaysia too with this.)

🔸They want to end up creating their own EMS (Energy Mgt System), with their own IP. He speaks of an “all integrated solution”, “the Malaysia EMS” and he wants to hire local R&D to add own IP to it.

🔸YBS' ladder of growth:
1. Precision components
2. Assembly
3. Energy assembly
4. Energy storage
If their EMS story doesn't work out, they will take a step back from the ladder, back to battery components (already 16 years of experience with that)

🔸Customers? Is sensitive, but he can list the sectors they are working for:
In order of profitability:
1. Telecom
2. Automotive
3. Aerospace 🧐
4. Home appliances

🔸The Bumblebee neighbors, a cardboard box factory, is also owned by YBS

🔸Dato Dr. Mohd Sofi Bin Osman, the Non Executive Chairman of YBS is ex-AMD, ex-Intel and ex-Lumileds. There is a lot of trust and a super good relationship between YBS and Enovix.

Watch this YBS MD Yong intervieew..... 🖕

youtu.be/vhFqi_f0kjE?si…

With 263 million shares, price might shoot up like Genetec last time..... Genetec highest price when it broke their goodnews was RM51......

Up to us to keep or to sell.......

Customers are lining up..... Already secured META/APPLE and just recently signed with Ellentec Korea which supplies to Samsung, Apple, etc.......

From the MD's mouth, its another Vitrox or Inari..... becos base on calculations, YBS can have 8 lines which can produce 80 million batteries.... That's around a revenue of RM2+ billion

FAB 2 grand opening 8/8
On going sending out samples to customers
Agility line on going SAT
HVM line achieved FAT

From their recent report, they can fit 8 lines into their science park facility.... 1st line to produce 9 to 10 million batteries per yr.... There rest of the lines Enovix is looking at 10 to 12 million per yr..... 8 lines will produce averagely 80 million batteries per yr.... Enovix is selling their batteries US12 to US15 with gross profit of 50%..... so YBS sholud be selling to Enovix abt US7 per battery.....
Yearly revenue will be around 7x80 million= US560million
Equivalent to 560x4.7= MYR2.632 Billion
Thats why YBS MD equates YBS to Inari or Vitrox

Hahaha..... welcome to Malaysia, where anything can happen.... Enovix shot up 35% and YBS only move up 1.3%.....

YBS finally???

In June, Enovix began production of EX-1M battery samples from Fab2 in Malaysia.

Enovix Signs Agreement to Deliver High-Performance Batteries for Mixed Reality Headset

Jun 25, 2024

Pls dun frighten people.... we know what we bought in... we know the strengh of YBS and Enovix....

Loss mainly due to share options expenses 👆

The Group recorded a loss before tax
of RM5.496 million for the current quarter as compared to RM1.195 million in preceding quarter, an increase in loss before tax
of RM4.301 million mainly due to share options expenses amounting RM4.892 million incurred in current quarter.

👍👍👍

https://research.rhbtradesmart.com/sites/default/files/attachments/2024-05/my_top_20_malaysia_small_cap_jewels_scb2024_rhb.pdf

Enovix Begins Customer Sampling of EX-1M Batteries
May 13, 2024
Download PDF
FREMONT, Calif., May 13, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced that it has begun customer sampling of its breakthrough EX-1M battery.

Initial EX-1M samples were built and tested at the company’s facility in Fremont for IoT and smartphone customers. Enovix plans to build a larger number of EX-1M samples from its Agility Line at Fab2 in Malaysia later in the second quarter of 2024.

“We set out on an ambitious plan last year to build a battery that would meet the demanding requirements of leading smartphone customers,” said Dr. Raj Talluri, President and CEO of Enovix. “With EX-1M now sampling, we are ushering in a new era of lithium-ion battery technology by utilizing a 100% active silicon anode to boost energy density and allow customers to keep up with a growing array of energy needs with the onset of AI.”

Given strong customer interest and the readiness of Fab2, Enovix has begun taking decisive actions to consolidate manufacturing of all silicon batteries to Malaysia by July.

Thats probably why MD Yong of YBS mentioned about YBS being another Inari in the near future......

Totally agreed.... If I am not wrong, YBS can accommodate 8 lines in their existing Science Park..... And looking at our Gov's initiative at attracting foreign investment and pumping up our economy ( they gave Enovix 15 years tax free ) there is a very high chance that they might even want YBS to manufacture all lines for Envix..... Analyst are talking about 20 lines .....

👍

Short sellers are in command... 30+% of total shares shorted.....

'Flushing'.... Enovix earnings on 1st May and Questions and Answers with CEO Raj on 6th May....

YBS.... journey to become the next Inari, Genetec 2.0 begins....

Enovix patented manufacturing process uses dozens of machines to produce battery cells with a unique architecture that enables the use of a 100% active silicon anode for higher energy density.

“I’m incredibly proud of the hard work from the entire operations team to get us to this major milestone on our Journey to Scale,” said Dr. Raj Talluri, President and CEO of Enovix. “In just 100 days, the team built a worldclass factory, putting us on the path to produce first samples of our silicon batteries from Fab2 this quarter.”

FREMONT, Calif., April 16, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced it has completed Factory Acceptance Testing (“FAT”) for its Gen2 Agility Line and is on track to produce first silicon battery samples from Fab2 in the second quarter of 2024.

“I’m proud to announce the team has completed our rigorous FAT process for all machines that make up our Agility Line,” said Ajay Marathe, Chief Operating Officer at Enovix. “SAT is also well underway. Both FAT and SAT processes ensure that we only place machines into service that meet our specifications for throughput, yield and machine uptime. I’m extremely pleased with the results so far. We’re on track to produce our first EX-1M samples for mobile and IoT customers in Q2.”

With this status, Enovix will choose to manufacture whatever kind of batteries they have with YBS here.... YBS will be bigger than Genetec 2.0.... Thats my take.... iot, handphones, laptop and even EVs.... sky is the limit.... prepare to hold.... no point buying and selling.... we never know when the sharks will push skyhigh....

👍

Imagine eventually Enovix decided to build EV batteries and partnering YBS here..... Something our government wanted very much to happen in Malaysia.... Manufacturing components related to EVs....Our government will offer alot of goodies to Enovix to attract them here and stay long term...... 🚀🚀🚀..... we will be laughing to the bank....

Enovix got pioneer status for 15 years ( Tax free, etc.. )..... Looks like more Gen2 lines coming up and more jobs for YBS..... 🌋🚀

In this episode of our podcast, we catch up with Enovix CEO Dr. Raj Talluri and discuss his trip to Mobile World Congress in Barcelona and his Fab2 site visit in Penang last week. 🎧👉 buzzsprout.com/2240960/147188…

Great quick update from @rajtalluri. No hedging language here. Despite the stock price, Raj's confidence seems strong.

$ENVX met with all smartphone customers at MWC which are all "super excited to get samples from [$ENVX] on EX1M... [they] want to test [EX1M] as soon as we give them samples and expect them to put in products next year"

These customers also launch IoT devices like wearables and also launch AR/VR headsets, so exciting to see that the batteries we are making the same customers can consider them for both mobile, IoT, wearables, tablets, and notebooks, so validates our thesis that when we are able to make batteries that meet requirements for mobile phone we now can sell into all the other markets also.

Customers are excited in working with us bc after EX1M we have EX2. Typically customers refresh products once a year. EX1M is something our customers will launch next year and EX2M is something that they launch a year after bc the cycle time to qualify a new supplier is long but once we are in the EX1M, qual to EX2 will be much shorter.

We are already now thinking about EX3M. We continue to improve... there are a lot of new materials coming to the market and bc of our unique architecture we can take advantage of all the material advances people are making. We have a very compelling roadmap going out further and further as we keep increasing capabilities and that's very exciting to our customers bc they want to be on a roadmap that delivers value year on year.

Met with Chief Minister of Penang and he was excited about $ENVX building battery know-how in Malaysia. Spoke about how the govt could help $ENVX scale even more there.

Most customers Raj met in MWC were asking when $ENVX can host an opening of the factory so they can come and visit. Planning that for some time in later part of the summer.

Customers have given $ENVX very clear documentation and req's on how they will test the batteries which cuts the cycle time on how long it takes them to get to production.

TAM: Smartphones this year north of 1200MM units, each customer $ENVX is talking to makes 100-200MM smartphones per year; laptops 200-250MM units per year (3/4 batteries); wearables multiple hundred millions. The customers we are talking to are considering batteries for all applications so even with 5-10% market share of this market at $8-10 a battery in smartphones its a huge multiple billion dollar business... These req's we are meeting with EX1M address all of those and that's why we expect it to ship quite well next year.

😁