Followers
2
Following
0
Blog Posts
0
Threads
1,942
Blogs
Threads
Portfolio
Follower
Following
2024-01-30 22:17 | Report Abuse
Klu undersea project.... maybe Citaglobal or OMS akan dapat
2024-01-29 23:48 | Report Abuse
As Enovix is a start-up, it is standard for the market to be sceptical about its poten-tial, especially in the technology space where many so-called breakthroughs have not been realised, failing in mass adoption.
In YBs taking up too much risk, being so closely linked to Enovix?
This seems so,as in order to prepare for the said contract, YBS had to raise debt to fund the facility.The loans were guaranteed by Enovix, but YBS will still have to service them, which will eat into its profits.
In the six-month period ended Sept 30, 2023, YBS' finance costs jumped 77% from the previous corresponding period to RMIA million. Coupled with a higher cost of sales and administrative expenses, the company recorded a net loss of RM647,000, compared with a net profit of RM3,13 million in the previous corresponding period.
In Yong's opinion, YBS' financial health is still quite good. As at Sept 30,2023, its gearing ratio was 0.76 times, only slightly higher than the 0.73 times as at Sept 30,2022, which was a considerable jump from the 0.44 times as at Sept 30,2021.
"We committed (to) debts because we want to invest in a big factory, so that we can secure this business. There is not much issue (with finance costs); we can pay as we got the pro-
Enovix's share price has been on a downward trend since it peaked at US$22.21 on July 18 last year. On Jan 23, the counter - which is said to have the potential to be as big as technology giant Nvidia Corp
ー closed
at US$9.88, giving it a market valuation of
Enovix's Raj believes that the company is a leader in silicon batteries. "Based on customer feedback, the ecosystem is looking for a silicon replacement of graphite as the lever to unleash increased battery performance and we believe our progress this year has positioned Enovix as the leading contender in silicon batteries," he said when announcing the company's results for the third quarter ended Sept 30,2023.
As the saying goes, the proof of the pudding is in the eating. While the market for lithium-ion batteries is expected to grow by over 30% annually to US$400 billion by 2030, according to McKinsey, the question is whether Enovix will secure — in the form of orders
- a chunk of the pie.
2024-01-29 23:47 | Report Abuse
With a production capacity of 1,350 units per hour, Enovix's Gen2 autoline will be able to produce up to 10 million units of batteries a year, he says.
The plan is for the line to start high-vol-ume manufacturing in the second half of the year. By 2026, Enovix intends to have multiple lines that will generate multi-hundred million dollars in revenue for the group. Already, Enovix has committed to invest US$1.5 billion in Malaysia over the next 15 years.
"After this, with a successful run, we will be another Inari or ViTrox," says Yong, referring to Malaysia's home-grown Osat companies Inari Amertron Bhd, which has a market capitalisation of RM12 billion, and ViTrox Corp Bhd, which is valued at around RM6.8 billion.
However, this target is very much dependent on Enovix's performance.
YBS gains traction
YBS' share price has increased by 28.7% over the last one year. It traded at 70 sen apiece on Jan 24, valuing the group at RM178.38 mil-lion. The counter is not being covered by any research houses yet, indicating the market's scepticism of its venture with Enovix.
2024-01-29 23:32 | Report Abuse
Kita sama2 boleh buat duit or sama2 hilang duit.... hahaha
2024-01-29 23:30 | Report Abuse
Saya takde link unless you update your phone no? I WhatsApp you.
2024-01-29 15:24 | Report Abuse
Reference to EDGE, YBS will be another Inari ( 12bil market capitol ) or Vitrox. ( 6.8bil) klu mcm itu sure bagi bonus
Mungkin 1 to 5.... hahaha
2024-01-29 10:46 | Report Abuse
Sabar dulu, baca article EDGE.
2024-01-29 10:44 | Report Abuse
Apa dia boleh buat, tunggu owner habis jual baru boleh naik. Hahaha
2024-01-25 16:54 | Report Abuse
2024-01-12 17:52 | Report Abuse
Mcm ini kena tunggu sampai next year and batu dia akan main
2024-01-12 17:47 | Report Abuse
Additional Listing Announcement /Subdivision of Shares | https://www.klsescreener.com/v2/announcements/view/6243949
2024-01-12 17:45 | Report Abuse
2024-01-11 23:41 | Report Abuse
EVD suspends operations director, subsidiary served with winding-up petitions | https://www.klsescreener.com/v2/news/view/1261655
2024-01-11 21:28 | Report Abuse
2024-01-10 10:43 | Report Abuse
Sudah mahu goreng... macam Genetec.
2023-12-21 15:23 | Report Abuse
Takde guna bagitahu you all.... baik aku berampus dari group ini.
2023-12-20 18:51 | Report Abuse
Still profit.... cuma kurang sahaja. Masih bagi dividend. Conter teruk pun boleh naik.
2023-12-05 06:39 | Report Abuse
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : OTHER ISSUE OF SECURITIES | https://www.klsescreener.com/v2/announcements/view/5987673
2023-12-04 18:42 | Report Abuse
2023-12-04 12:36 | Report Abuse
Tunggu dulu.... operator tengah rehat
2023-12-01 19:58 | Report Abuse
2023-12-01 18:49 | Report Abuse
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS | https://www.klsescreener.com/v2/announcements/view/5978901
2023-11-24 17:49 | Report Abuse
Quarterly rpt on consolidated results for the financial period ended 30/09/2023 | https://www.klsescreener.com/v2/announcements/view/5945725
2023-11-24 17:47 | Report Abuse
MEMORANDUM OF UNDERSTANDING | https://www.klsescreener.com/v2/announcements/view/5945835
Stock: [YBS]: YBS INTERNATIONAL BERHAD
2024-01-30 22:53 | Report Abuse
WC. Trust me sure kita boleh buat duit sama sama. My purchase price is slightly higher. ( 70c)