Just to put it in perspective - there are 3 separate timelines and phases involved when talking about funding needs:

1) The group recently approved about RM645 million worth of investment to increase SilTerra's annual production capacity by 20 per cent from the current 8.3 million to 10 million mask layers per year, which will be ready for production by early 2023.

2) "To go to maximum capacity, we may need another RM600 million to RM700 million to spend to increase the capacity and make some other improvements," Syed Zainal told the New Straits Times and Berita Harian in an interview last week.

3) "Subsequently, we probably need to have another expansion to reach about 12 million capacity per year. However, decision has yet to be made – we have to look at how the demand will grow for the next one to two years."

And the friend allows you to post this in a forum. Nice.

Karentam go write a strongly worded letter to Dnex and tell them how you feel

The market has plenty confidence in dnex. Some insights were shared previously. If it’s just about market confidence, I suppose Serba also had the analysts and market’s confidence previously?

Yea that kind of comment should be flagged to cms’ investor relations team

As mentioned before, the issue is fixable. Don’t run from fixable issues.

Apparently not that many

Gps may not see eye to eye with the Taib clan. Just saying…

Sharks are at the mercy of whales. The whales are targeting the PP.

Dont just invest based on what people talk about, do your homework. Every counter will see ups and downs. Knowledge is power.

Good reasoning has been given by some here, in my humble opinion. It’s just whether you want to accept it or not.

Let him be lah. Maybe he’s trying to scare off speculators. May be useful.

Let the market decide

Collect, collect… I mean, correct.

Look at what happened with KPower, strong hint there. Should have happened on week 1 of this scandal.

You wont see warren buffet running around telling others not to buy this not to buy that and everything is lousy haha

But he can freely share about cms which he also studied hard about. A walking contradiction?

Having a strong ecosystem for the semicon industry in Malaysia can only be a good thing

Some people clearly don’t know how esos works. It’s not “receive all today sell all tomorrow”, unless your nenek owns the company

Doesnt buy Sarawak stocks but spends time repeatedly commenting in various Sarawak stock forums.

Buy but don’t monitor too frequently haha

The new appointees have no relevant tech background. Exciting.

The drop is not a D&O problem, it’s a bursa problem

It’s ok to doubt and to question. It’s dnex’s job to build investor confidence.

Sharks already know….

Too many gamblers on board. It will move when they leave. Yes this is a lousy stock. Please go try your luck elsewhere.

Anyone at the AGM?

When everyone is fighting for businesses to survive, some populist wants to declare a holiday in the country’s financial capital lol

The recent runup to 85-87sen attracted certain profiles and now they’re caught again. Lesson never learned?

I agree with @thundery lol please everyone sell and move on to other counters

Omnicron is fast being played down now after last weekend’s alarm

Cyberjaya, 29 November 2021 – SilTerra Malaysia Sdn Bhd has entered into a multi-year wafer supply and purchase agreement with ILI Technology Corp (“Ilitek”), a leading touch controller and driver integrated circuit (“IC”) fabless design house based in Taiwan.

Under the agreement, SilTerra will collaborate with Ilitek on technology development and wafer fabrication targeting touch controller and display driver IC for industrial and home appliances markets.

Ilitek has been SilTerra’s long term technology and business partner since 2006. This agreement marks another milestone for SilTerra’s and Ilitek’s relationship. Both companies will continue to work closely on product development and mass production based on SilTerra’s high-voltage 0.16um and 0.13um technology platforms. High-voltage technology is one of the most successful and important enabling technology from SilTerra for the global display driver IC markets for small panels such as wearables and mobile devices, medium panel for monitors, and large panel for TV applications.

“We are pleased for SilTerra to enter into this agreement with one of the leading semiconductor chip design companies in Taiwan. This marks a significant milestone in SilTerra’s aspiration to become a world-class leader in the world’s semiconductor market in terms of operational excellence and technology advancement,” said Tan Sri Syed Zainal Abidin Syed Mohamed Tahir, Group Managing Director of Dagang NeXchange Berhad (“DNeX”), and also Executive Chairman of SilTerra.

“As part of transformation of SilTerra, the new shareholders are leading the company to ready market access by leveraging on our network including strategic customers and long-term supplier contracts. In addition, we are continuously committed to expanding SilTerra’s production capacity and technology capabilities in the global semiconductor industry,” he said.

He said the agreement will help SilTerra secure a stable wafer loading, ensuring a sustainable growth for the company going forward.

In addition, the partnership will also cover joint technology and market development to grow SilTerra’s business and market share in the industrial touch controller market, he added.

SilTerra is a strategic investment of DNeX, and Beijing Integrated Circuit Advanced Manufacturing and High-End Equity Investment Fund Center (Limited Partnership) (“CGP Fund”).

Haha as if dnex will allow the pp buyer to sell anytime

“‘I’m tired of this..it’s been months and it’s not moving much”… said warren buffet never.

The flash sale has ended.

Cyber Monday sale. One either panics or sees money signs. Or just watches the show.

So according to an article in The Edge, Dnex signed a new long term supply agreement for Silterra this past week, and will be officially announced soon.

Bad sentiment all round

Dnex will move up to the next level when it’s ready. Don’t worry about the minute by minute movements, unless you’re looking to sell now.

My gut feeling says it won’t fly much. Not today. Happy to be wrong.

Umm it’s not like analysts don’t know how to read the reports

Trevor, always appreciate your keeping things grounded

It’s on track.

The market will look at the 33m

Minus the effects of business combination it is still a very good QR

Shareholders are vicitms of unethical practices.
If dyson doesn’t cut ties, other markets will boycott dyson. The ball is in ataims’ court. This issue is not unfixable but it will take committment and patience.

Did the ataims issue cause jitters?

Anyway, i think this issue is fixable. It’s not as bad as cooking the books.

This isn’t about reliance on foreign labor. This is about labor abuse. If we think both are the same, then our companies deserve this.

We must hold Malaysian companies to very high standards. Otherwise we’ll forever be at the mercy of things like this.