The Big Picture : Inari --> Broadcom --> Apple 5G

Apple is in a nice position to take advantage of this secular growth. The company controlled 17.4% of the global smartphone market last year per IDC's estimates, up from 15.9% in 2020. Apple's market share growth last year was a result of the company's dominant position in the 5G smartphone market. That's good news for the company, as 5G smartphone adoption is expected to increase in the coming years.

Apple smartphone is the dominant player in China and India. Apple's growth in the smartphone market in China grew 79% QoQ in 4Q2021.

First Half of Year results FY22 vs FY21 :-

EPS increased by 20% (5.89 sen vs 4.89 sen)
Div increased by 24% (5.6 sen vs 4.5 sen)
Margin increased by14% (25% vs 22%)

Hibiscus Anasuria 2Q22 (end Dec 2021) PAT RM17M - just 5 M above prev qtr (end Sep 2021).
Riser component to Anasuria FPSO still not fixed.

Penang's Tan Hock Eng (Broadcom CEO) will continue to look after the Penang IT workers and IT factories. As long as Inari Amertron stays in Penang Island, no conflict should matter...

Wafer foundries need top-notched equipment that are not easy to source or maintain. Examples of wafer fabrication equipment are oxidation systems, epitaxial reactors, diffusion systems, ion implantation equipment, physical vapor deposition systems, chemical vapor deposition systems, photolithography equipment, and etching equipmen

Wafer foundry vs OSAT vs ATE.
Which will be more successful in the semiconductor value chain?

The indicators are below for you to score :-
labour cost, labour skill, cheap & reliable electricity, ICT ecosystem, low factory cost, macroeconomic stability & cross border regional free trade.

RSS has reduced its stake by 1M shrs over the past week.
Since it's still there on the stake, maybe we shud roast it slowly like in Dnex

What happened to Bob, Trevor and RSS?
RSS vanished or vapourised?

Malaysia's strength in the semiconductor industry is in its HUMAN CAPITAL. As such any production lines that involved assembly n testing can survive (as it has been for the past 50 years).

Each US$10 increase in Brent oil is only translated to an extra RM 11M per qtr. for Ping.
Brent oil is not sustainable at above US$90/bbl, but only on fear of war between US/EU and Russia. This is unlikely to happen as no ukrainians are moving, relocating or emigrating to Romania or Poland.

Wafer foundries need top-notched equipment that are not easy to source, maintain, update or replace. You must have deep pockets. Probably, only Taiwan and China are able to thrive in the wafer foundries industry with its high tech engineers and scientists.

So, Inari vs Dnex, make your guess who have more potential earnings.
Besides, while you hold and wait, you are rewarded with dividends every qtr.

Now that you know how to run a wafer foundry efficiently....

SilTerra acquired last Feb for RM273 M (Dnex 60% or RM163.8 M).
Now, Dnex to inject RM 645 M to increase by only 20%?
A good payback for the RM645 M capex?
What about the option of building a new wafer foundry in India using their funds and your tech?

Oct 2016 the Edge
Pantech Group Holdings Bhd has proposed a one-for-five bonus issue, a one-for-ten bonus warrant issue and an employee share option scheme (ESOS).

The steel products manufacturer said the bonus issue entails 138.09 million shares of 20 sen each, enlarging its share base to 829.38 million, which will rise further to 988.18 million if the bonus warrants and ESOS are fully exercised.

At 988 M total shrs issued, this 12% dilution will likely affect the shr price

Constrained production troubles at the Hibiscus Petroleum Anasuria FPSO are expected to continue well into 2022.

The Malaysia-headquartered operator said a “critical component” of its flagship UK production asset malfunctioned in April/May during turnaround season this year, which is yet to be repaired.

Hibiscus said engineering and procurement activities are being “fast-tracked” to replace the component, but until then the impact will be lower production rates from the Anasuria FPSO.

The issue is expected to be rectified in the third quarter of the 2022 financial calendar.

“Until the failed component is returned to service, we anticipate that there will be an impact on calendar year 2022 offtake volumes and OPEX per boe”, Hibiscus said in a statement.

Brent oil has dropped to $86/bbl from $88/bbl.
Demand destruction is due to high prices.

Russian operatives undergoing training in urban warfare i.e street fighting.
Still no sellers in oil futures?
Sabah & Sarawak still no flood preparations for 1 Feb's high tide

Russian invasion of Ukraine “may be imminent” warns White House - BBC News
Jan 19, 2022... https://www.youtube.com/watch?v=di_qFlayUZU

Keep your oil shares

BrentOil price hit US$90 per barrel
Keeping you informed since you only know politics

ANKARA, Jan 18 (Reuters) - Turkey's state pipeline operator Botas said on Tuesday that it cut oil flow at the Kirkuk-Ceyhan oil pipeline (Iraq2Turkey) following an explosion near the southeastern province of Kahramanmaras.

Today, we look at Dnex as an oil producer.
Next week, we can look at it as a wafer produccer.
Whatever it is, as long as it's not flying airplanes or transporting goods/people n also not using forced labour.

BREAKING: Oil price hits $88 a barrel — first time since 2014.
While everyone agrees that oil demand>supply, the reason that prices are going up is simply that there are no sellers left in futures market.

the RSSs have been paring their short position in Dnex because they know triple digits are coming after it hit the next lower low.

This year could lay the foundation for "a far more vibrant economic environment" as COVID transition from a pandemic to an endemic disease ---- prepare for the vibrant cycle.

Another 13.88M shrs to burn

RSS's Oct'21 bet on Dnex is getting more headwinds tomoro.
Let's watch the fire

Over the past few days, RSS has backed off from Dnex reducing their postions from 20M to 14M. It's a significant change in direction when the odds are against them, so they rather make more bets on Airasia.
With the tailwind behind you, sure can fly faster!

while the some Malaysians still mired in delusions and denials ......

Dnex CEO has confirmed.
SilTerra has morphed to become a profitable entity.
1. It was a timely acquisition
2. the increase in average selling prices (ASPs) of semiconductor wafer
3. the increase in shipment volumes of wafers
4. the cost and product mix optimisation of wafer chips
5. the production capacity of SilTerra is now fully utilised
6. this provides greater economies of scale and cost efficiency
7. the code of ethics installed with some top Mgt replaced on misconduct

Next step - Capacity Expansion!
https://www.theedgemarkets.com/article/dnex-discussions-foxconn-cgp-silterra-capacity-expansion

The Big Picture : (Oil + Chips) is good business.
Both are in robust demand and leading to higher ASPs.

Don't let the Sharks fool ya!

After the UN COP26 climate talks in Glasgow, the UK government has come under increasing pressure to rule out several highly controversial, proposed fossil fuel extraction projects in the UK, including some 30 offshore oil fields in the North Sea.

I wud hazard a guess that Dato Fisher expertise on sustainable energy and carbon emission wud be valuable on seeking approval for the Avalon oil n gas extraction.

The UK government plans to introduce a ‘climate compatibility checkpoint’ to test future oil and gas licensing rounds against wider climate objectives as part of its North Sea Transition Deal.
I do not think the other Dnex directors are familiar with such sustainablity criteria as Scope 1, 2 or 3 emissions and Total life cycle emissions (MtCO2e).

@iPlay
"Dnex certainly need Fisher n other 'Green' specialists for Avalon approval"

Tun Noor Shahya is a professional accountant with ACCA accreditation, not related whatsover with Najib.

I3 Moderator need to censure Trev, Bob, Minah, Benny or DrMike.
He's going nuts as he once bang ten times on the keyboard to say 'Thank You' to himself.
He's there to create confusion for own gain. Nuthing positive... this crazie guy

Just to clear the air.
Our ex-Pm Tun Abdul Razak had 5 sons, no daughters.
Some names are added Tun or Raja in front....

Keystone pipeline 3500 km long.
Starts at Hardisty, Alberta (temp -26 deg C)
Ends at Steele City, Nebraska (temp -12 deg C)
Freezing time again!

Oil + semiconductor play is the way to go

Libya n Kazakhstan having civil strife
Oil production already reduce
That may take away a million bbl/day

Stocks like Dnex, Hibiscus, Air Asia are less than 85 sen.
What to buy?

13 M soldiers making a wall at 85 sen for protection.
What are you protecting?
If need to sell, sell lah at 84.5 sen. Why make a wall?

The Art of Thinking by D. Trump

You don't wanna step off the roller coaster
---- if you want to take a pill in Ibiza

https://www.youtube.com/watch?v=DnlKQGnfVUI

@huat_ahh

SilTerra LTA contracts and confirmed orders for FY22:
ChipOne has taken 65% capacity, and there were 15% left ....for Foxconn(?)
“The rest of 20%, we give to small core customers with better margin and also must reserve for new emerging technologies,”. Contracts almost all signed for.

Don't worry about oil & gas demand as long as the UK is battered with 3 ft of snow...

South African doctor who raised the alarm over Omicron said Sunday dozens of her patients suspected of having the new variant had only shown mild symptoms and recovered fully without hospitalization.

Angelique Coetzee, chair of the South African Medical Association, told AFP she had seen around 30 patients over the past 10 days who tested positive for COVID-19, but had unfamiliar symptoms.

“What brought them to the surgery was this extreme tiredness,” she said, speaking from Pretoria, where she practices.

Why are the markets spooked?
Are there new big orders for PPE & gloves? Why cancel your safari tours to Kruger Park in Joburg or Botswana? How many covid cases in Botswana? Less than 300 per day for past 1 week.

Covid cases are going down rapidly in Singapore, Malaysia, Israel, Indonesia, USA, etc...

On behalf of the Board, UOBKH wishes to announce that 64,577,280 Placement Shares were listed and quoted on the Main Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. on 15 November 2021, which marks the completion of the Private Placement.

Only 2% or 64 M. for PP? All completed and done?

https://www.theedgemarkets.com/article/dnex-group-managing-director-syed-zainal-appointed-scanwolf-chairman

Scanwolf appointed Dnex CEO as new Chairman.

Why not him?

...is he looked upon as a "turnaround specialist"?
...has he any experience on the new plastic film bizness?

Make your bets, boys

https://www.klsescreener.com/v2/news/view/892201
Are some of you guys paid by RSS to write on Dnex, I wonder?

Is short selling a fair game? | The Star
RECENTLY in South Korea, retail investors banded together to lodge their protest against the short sellers of Samsung Electronics Co Ltd ...
We know it's fishy.... when RSS, Pension fund mgrs n Bursa are swimming together.
The volume of trades are there to mislead you....
When most go front side and they go from the back, we know it's not a fair game

A cleanup by Dnex of old SilTerra Mgt... a corruption legacy issue left by Khazanah that explained the past years of losses. Dnex took over SilTerra in July, sort out SilTerra with new Mgt & Code of Ethics, delayed qtr/Annual report for 1 mth.... MACC are involved when GLC coffers get pilfered, maybe should do the same clean sweep with other GLCs to show that new clean Govt is back....

https://www.dailymail.co.uk/news/article-9205321/Rep-Stephen-Lynch-65-tests-positive-COVID-19-receiving-doses-Pfizer-vaccine.html

Congressman Stephen Lynch, 65, tests positive to COVID-19 after receiving both doses of Pfizer's vaccine

All Vaccines need to be upgraded as fast as the virus mutates

I was reading SuperMx latest results & its press release
https://www.malaysiastock.biz/GetReport.aspx?file=2021/1/29/7106%20-%201820572665318.pdf&name=SCB_Press%20Release.pdf

I'm amazed that SuperMX is going to spend more than RM 2 B. in 2021-2022 on USA expansion plans .... If you're in manufacturing & selling your products worldwide. it would make more bizsense to expand in countries with cheap labour, cheap energy, cheap land, low coporate taxes or invest in high productivity labour saving equipment so that your margins would improve and sales increase.

Do you really think that USA does not have the tech or investor or capability to do a high end glove factory? Do you also really have it figured out that under Joe Biden that USA will be a closed market? Pls think again.....

Avengers Assemble!

I'm in support of doing a 'gamestop' on Morgan the Pirate...

I'm making a Blacklist of the our Analysts that had made calls on that rubber gloves profits are 'not sustainable'...from 2020-2021.
Do you guys remember the name of the lady analyst from Public Bank that made the first call way back in mid-year 2020?
Also, the names of the guy from McQuarry and the 2 chinese guys from US pirate, Morgan ?

Supermx results on Monday?
SuperMx vs Topglov - buy both!
Glove production : Supermx is 33% of TopGlov
Net Profit for next qtr : Supermx RM 1 B vs Topglov RM 3 B.
Only advantage is Supermx is ahead by 2 mths of showing better results each qtr.
Topglov expansion plan is 20% a year from 2020 to 2022,
SuperMx expansion plan is 35% a year from 2020 to 2022.
So, SuperMx will need more capex, and therefore less dividends to shareholders.

Daily covid new cases .... Malaysia new high at 3309 yesterday, New Jersey new high today at 9309, Spain new high at 38,869.......

Spain daily new cases have increased by 4X in a week......
.... Jan 4 was only 11,489 cases, Jan 13 ---> 38,869 cases

,¸¸,ø¤º°`°º¤ø,¸¸¸,ø¤º°`°º¤ø,¸¸,¸,ø¤º°`°º¤ø,¸¸,¸,ø¤º°`°º¤ø,¸¸,


The covid waves can roll and the winds (& IB Analysts) can blow ....
... it's just like the sea, it's never- ending....... it will be ENDEMIC.....

Coronavirus is expected to become endemic, and large-scale vaccinations likely won't carry on forever...........