Estimated EBITA / year can be rm500m++ if oil price maintain usd60+. However, the asset depreciation will be high as the right of key asset is on 2027 and 2032.

The interest to be paid to repsol about less than rm20m if close on time on end 21. However, the profit gain on 2021 from repso assets on 2021 will be more than 300m after tax but without include non cash depletiation.

Hibiscus will need to pay 3% interest of the balance to repsol until they close the deal which target on end 2021.

Some stock master just simply give negative comment without much study and misleading people about the PP and the long completion date of the deal.

Profit from this deal will start effective from 1st Jan 2021 although the deal estimated to be closed on end 2021. The profit will then be used to part fund the deal. This is what we called accrued economic benefit.

As long as oil stay above usd 60, they can enjoy a handsome profit easily. You can compare the share price before covid when oil is around 60+, study their development plans in UK and msia, bear in mind the high capex needed, and make predict whether oil price can stay above 60, at least this few year. Then you will have the answer whether its a good deal to buy at current price

They have some other developing project to boost the production yield in uk oil fields which target 1st oil on early 2023 and end 2023.

Mgmt did mentioned there's no major capex on the coming 1 year.

Alternative, they can also come with 1 more tranche of pp to replace the additional loan

EBIDA in 2021 let's assume 500m, tax 100m. Balance shall be around 400m. For Conservative, just make it as 300m. 300m benefit on 2021 from this deal + previous pp 200m + internal sources from anasuria & hibiscus + loan 200-300m shall be easier enough to close the deal

Staggered payment: Spa signing + Spa completion
Accrued benefit, spa start on 1st Jan and target to be completed end 2021. The money earn on this year for this deal will be benefit by hibiscus which can be used to part funs the deal

Some worried sell on news and some wonder how come still not limit up. Let's review base on the fact. Payment structure for this deal with be staggered payment and accrued economic benefit.

Additional 60% ping and silterra target to be completed end of q2. We may need to wait until Nov to see the profit be proper reflected in q3.

Kok wai, there's many strategic, just follow your plan if you believe "had profit just sell". Buy low sell high, its easier to understand but hard to do as there's always many surprise in stock market. For me, my plan is 20% for short term and 80% for long term. Just adhere to our own strategic plan base on our own risk level.

There's a news in china someone bought share 10 years ago and totally forgot it and when she remember, there's a big surprise for her. I believe most of you heard about the news. Thus, just adhere to your plan. Cheers

3) is the new mgmt of dnex reliable? Is the 90% stake in ping will bring more revenue to company considering the increasing in oil price? 4) do you believe cgp and dnex can turn around silterra with the acute shortage of chips in current market trend? 5) silterra utilisation in 2018is 50% and 45% on 2019, do you believe silterra will be able to run with full utilisation?

For short term trader, it may not a good news as its possible to drop to 0.6x considering the poor results. For long term investor, just ask yourself few questions. 1) will trade and It business improve in the long run when economic recovering and tap on my digital bluprint? 2) is the new contract of submarine cable business can improve the revenue?

777，silterra not in 100% full capacity int he past 3 years. you can refer to the investor presentation slide on April shared by dnex mgmt. The capacity in 2018 & 2019 is 50% and 45%+. That's why in the silterra deal, they keep mentioned with cgp, one of the way to turn around is increase the usage capacity.

Dnex and cgp plan to make it as 100% full capacity by 2023 but I believe silterra ald running with 100% full capasity in these few months considering the current market trend

Base on records disclosed, silterra running capasity in 2018, 2019 was 50% and 45% +. Not full capacity as mentioned by 777

Why silterra loss? Look at their capacity usage, 50%,45% in last 2 years and with low margin products. With cgp come in and with current market trend, they can easily improve the capacity usage, increase the selling price, more higher margin product from cgp, and most important, ready market from cgp network.

Many invest master in Facebook etc said DNEX rugi and shout run, sell. I don't know true or not, but najib Facebook said silterra turn "untung" . Mahatir news on 2019 also said silterra turn "untung" . I believe both pm must know more info that those invest master sifu in Facebook etc.

If know the value of silterra + ping, most of us will become long term investor as we know silterra need time to develop and we can get huge profit in long run. Ofcos you can also hit and run to protect your profit. I ald accumulate enough shares and my strategic is keep 80% for long term and 20% short term to better manage my average price. Shark won't be so kind, they will play around to manipulate price to collect more shares from you but in the long run, it will be up alot.

Base on dnex and China partner plan, they will inject another 500m capital into silterra within 5 year plan. This is what khazanah not willing to do. E&E play an important part for msia export market. If silterra have more advance technology, it can better create an ecosystem which benefit other E&E companies in msia.

Government need alot money, as such you can see that they sold alot asset recently. If sold off silterra, they get 500m+ {include 200m debt} immediately. I believe epf or similar government agency would also buy alot dnex share and earn alot in anyway way in the long run. Some more, with China government related company step in, It will better develop a better ecosystem for electronic sector in msia. It may also have some politic concern otherwise they will sell it to Taiwan company.

Najib critisize the sell off of silterra, you can refer to his Facebook for the details. When introduce the 3rd national car, mahatir and the mgmt of silterra also provide the figures that time. If base on the total figures since silterra start up, yes it's loss 70b before 2014.

Roy8, the time will tell you the facts. Huat ah

Hope everyone know about the value of dnex and huat gao gao.

If pe = 10, share price will be rm0.6. Let's see other tech firm, dufu pe is 40, greatec pe is 100+, for dnex with silterra, if pe is 30, its ald worth rm 1.8.

Let's said denex exiting business annual profit 3m for easier calculation. 3m + 60m + 117m (90%x130m) =180m. If the total share issue is 3b( after Warrent conversion), eps is 0.06

Let's do some calculation to know the reasonable tp base on current facts. For silterra, I 2019, mahatir and the silterra mgmt said its been profit with rm60m for consecutive 3 years. For ping, the cost is around usd 20/barrel and the daily output is about 3000 barrel. If avg oil price is usd 50, annual profit is around rm 130m.

Thanks for the ticket at 0.51. I believe the ticket on market are much lesser now even include thir new pp shares. The ticket are well absorb.

Also from mahatir news about the development of 3rd national car project in early 2019, he mentioned the fund or the 3rd car project will be funded by silterra and silterra is profit 60m for 3 consecutive years. All these info showed that silttera is actually turn to profit in these few years. If you calculated the losses before 2014, yes it's indeed still losing alot. Buy and sell at your own risk.

In najib Facebook, I found his comment about silttera ald turn to profit during 2014 - 2017

There's many keep posting silttera loss huge money. When I check the details, yes it's indeed but it actually happen many years ago until 2013 with about 7b accumulated losses.

Any updated news about today meeting?

Which 1 project secure successful by dnex?

I can feel that it's purposely push down the price by operator, due to private placement and xendity acquisition as they can pay less or get more shares.

Different people will have different view after this briefing, no right or wrong. For me, it make me more clear about their plan and why they bid the silterra etc and where the fund coming. I feel rest assure and will buy more due to the risk concern at current price

Checked and confirmed that it's Facebook live, link been shared as above mentioned

The results is actually OK, pls note the finance interest cost will be collect back on q3 due to mobicom mtn exchange program. I would said it progress well as what I seen so far, towards the final goal, digital bank.

It's possible the price may up slowly as purposely press down the price for private placement purpose. So don't surprise if not up much on next week.

In my personal view, I think its a good move as restructuring the business and be more focus on ekyc digital business and cloud business.

For summary, it's exchange the gpacket remaining shares in webe( p1) to the subsidiary of Telekom. That means gpacket sold the remaining shares in webe for the exchange of securties debt it issued preciously. The remaining shares worth 200m + but the debt about 260m+, thus it can gain about 60m+ as paper gain in nta ad improve its gearing. For the debt security issue by gpacket, it need pay about 8% interest to mobicom under telecom. Such, with the exchange, it will also save about 13m + interest annually.