Sslee

Happy CNY

Ni bukan main main.. serious.... sgt serious

Opinion Sarifah u better at d least put the word "Alleged"

In meantime u better employ a bodyguard a 24 hour bodyguard

RISK ANALYSIS

High level of non-cash earnings

Latest financial reports are more than a year old

Has a high level of debt

JAKS dapat more than mid teen IRR from Vietnam IPP

Better than mid teen promised dulu

PP sentiasa ready

Sales of electricity is good

Jangan jangan ada arbitration nos 3

Arbitration on LTA

Mungkin klau semua tied in a bundled deal

Janji tak ditepati

Janji tak ditepati

Janji tak ditepati

Gerard

No comments ke?

Hujan renyai renyai

Sbb MISTAKE ICPS agreement tu I signed


MISTAKE is it a good defense in ur mind?

BobAxelrod = i3lurker

Orang bodoh bob

Simpan for future


BobAxelrod

Posted by BobAxelrod > 2 days ago | Report Abuse

WHAT I WOULD DO IF I WERE MIMA (and won the Arbitration)

When the Arbitration goes in favour of MIMA, they would have FULL Control of Dnex Semi Sdn Bhd, and also majority shareholders of Silterra....

Just do a MBO (Management Buy Out) at fire sale of Silterra, maybe just paying Dx RM200 millions for their shares in Silterra.......and should MITI not bending backwards to grant License.........just shift the whole manufacturing plant to China.....simple, and no hassle.

Bye, Bye Silterra.

2 hours ago

Faham?? Can follow?

One more time one last try for old senile bob

DNex Semi control 60% of SilTerra

Klau MIMA/CGP have FULL control of DNex Semi

GCP kan have 100% control of SilTerra
40% via MIMA dan 60% via DNex Semi

Aisay i3lurker apa da terjadi u dah jadi senile ke ? Sarifah explain sampai terperinci u pun x faham wat happen man?

U duduk diam diam je la bob

U bodoh

Klau ICPS on CGP kan control 59.99% of SilTerra

Tapi MIMA/CGP will not have FULL control of DNex Semi

u faham?

Gerard

Excuse Sarifah

Pada pandangan Sarifah humble opinion valuation u of SilTerra is way way way way way way too high

Even pemegang pemegang syer x value so way high mcm tu

Tq


Gerard Lam

At current valuation, investors are basically pricing in Silterra to be worth zero to DNeX, which is an impossible scenario.

Let's assess what are the outcomes of the arbitration, and its impact to DNeX:



If arbitration favours DNeX:

If the arbitration favours DNeX, DNeX would retain 60% direct interest in Silterra, and CGP would retain 40%.

Next question would be would CGP sell out?

If CGP sells out - Other chip majors such as Foxconn (already have a direct interest in DNeX and working to build a 12 inch fab with DNeX) would highly likely acquire this 40% stake. This would further leverage DNeX's postion in the EV industry and boost Silterra's value

If CGP does not sell out - then Business As Usual.



If arbitration favours CGP:

DNeX will be left with 40% stake in Silterra.

Let's say DNeX sells out its 40% stake, this would equal to a potential proceed of RM2.4bil to DNeX, being equity value of RM6bil x 40% = RM2.4bil.

RM2.4bil, would be RM0.76 per share, being RM2.4bil / 3.16bil shares (Just for Silterra portion, not including DNeX's other business that are worth around RM0.47 per share, taking a brokerage house's estimates)



In no scenario would DNeX value just be RM0.55 (pricing in 0 value from Silterra), as the worst case would be DNeX owning 40%, instead of 0%.

2 days ago

3 hours ago

SarifahSelinder

... being equity value of RM6bil is way way way way way too high

DNeX sell out its 60% is no go

3 hours ago

U duduk diam diam

Let Sarifah talk to Gerard

ICPS maximum baru let MIMA/CGP have 33.33% in DNex Semi

U bodoh ni too complicated for u? Can follow?

How can CGP has FULL control of DNex Semi?

BobAxelrod

U bodoh

CGP control 40% via MIMA

DNex control 60% via DNex Semi

At the moment DNex control 100% of DNex Semi

U faham?? Can follow?

Orang tua BobAxelrod

BobAxelrod

U better go double check don't humiliate yourself in public

Bib u ass u better go double check

Bob u la double check..

Bob


Yg ni salah x betul

CGP kan have only 33.33% of DNex Semi x FULL control la


When the Arbitration goes in favour of MIMA, they would have FULL Control of Dnex Semi Sdn Bhd, and also majority shareholders of Silterra....

Zainal?

Dealt a good hand

Suddenly Black Swan

Debacle

SilTerra mungkin worth RM 6b on everything beautiful everything cantik not one hair out of place scenario

But definitely not on sold off scenario

Point ni salah x betul

LTA signed kat SilTerra

Dispute kat DNex Semi


BobAxelrod

Posted by BobAxelrod > 2 days ago | Report Abuse

Strike One :
Magician wrote "new" LTA signed with US corporation........

Who would sign any partnership with a company embroiled in Legal suits, legal battles and disputes???

Cakap biar sopan sikit

... being equity value of RM6bil is way way way way way too high

DNeX sell out its 60% is no go

Gerard

Excuse Sarifah

Pada pandangan Sarifah humble opinion valuation u of SilTerra is way way way way way way too high

Even pemegang pemegang syer x value so way high mcm tu

Tq


Gerard Lam

At current valuation, investors are basically pricing in Silterra to be worth zero to DNeX, which is an impossible scenario.

Let's assess what are the outcomes of the arbitration, and its impact to DNeX:



If arbitration favours DNeX:

If the arbitration favours DNeX, DNeX would retain 60% direct interest in Silterra, and CGP would retain 40%.

Next question would be would CGP sell out?

If CGP sells out - Other chip majors such as Foxconn (already have a direct interest in DNeX and working to build a 12 inch fab with DNeX) would highly likely acquire this 40% stake. This would further leverage DNeX's postion in the EV industry and boost Silterra's value

If CGP does not sell out - then Business As Usual.



If arbitration favours CGP:

DNeX will be left with 40% stake in Silterra.

Let's say DNeX sells out its 40% stake, this would equal to a potential proceed of RM2.4bil to DNeX, being equity value of RM6bil x 40% = RM2.4bil.

RM2.4bil, would be RM0.76 per share, being RM2.4bil / 3.16bil shares (Just for Silterra portion, not including DNeX's other business that are worth around RM0.47 per share, taking a brokerage house's estimates)



In no scenario would DNeX value just be RM0.55 (pricing in 0 value from Silterra), as the worst case would be DNeX owning 40%, instead of 0%.

2 days ago

Gerard like this baru la steady

Ok ni la wat Sarifah jangka and hope to see

Bagus


Gerard Lam

SilTerra's new LTA was signed with Pacific Biosciences (Nasdaq listed).

Agreement entails a 4 year take or pay supply contract of for MEMS advanced biosciences chips IP by SilTerra, at an average ASP of 3x current chip prices due to it being specialty chips

Share la public info kat public can't u see ramai yg nak tahu ramai yg tengah panicking

Apa ni PM PM PM dah jadi kongsi gelap cara mcm JAKS ke?

Sell associate co... bagi special dividend?

Knp all of a sudden naik? IB bikin coverage? Listing of associate co kat NASDAQ?

Dnex ni mungkin ada governance issue senyap senyap je secretly sold more than 55% to CGP

Covert operation??

Cisss...

Aiya Gerard apa point u attend agm klau take je wat management feed u? Buang masa

Gerard tolong tanya Zainal and post the reply here can?

Wat LTA entails?

AGM hari ke? Boleh tumpang tanya Zainal

LTA ada availability payment or capacity payment ke? Mcm rental of facilities

Sekurang kurang nya ada minimum




Stock: [DNEX]: DAGANG NEXCHANGE BERHAD

 4 days ago | Report Abuse

Dnex bisnes nya contract chip foundry

LTA ada availability payment or capacity payment ke?

Klau ada sekurang nya ada minimum

Klau tidak susah jugak kan affected by chips glut resulting in low volume loading

Dnex bisnes nya contract chip foundry

LTA ada availability payment or capacity payment ke?

Klau ada sekurang nya ada minimum

Klau tidak susah jugak kan affected by chips glut resulting in low volume loading

Pada hikmat Sarifah

Sykt China suka je bikin economic benefit shareholdings whereby profit dia ambil tapi not control of company (refer JAKS Vietnam IPP)

MITI x faham

Sarifah think most likely ada FAF kat kontrak

Also doing just in time maksud nya order minyak upon receiving orders from vessels

And patut ada some sort of bunkering service charge

Ni la cara Sarifah kan do this bisnes

x IR email nak deep dive pon cannot

Bang.. we are talking about bunkering

Co x IR email tak investor friendly pon

Can elaborate sikit?

Raiz368

Oil prices down will be better effect to P&L company.

3 hours ago