dnex wkly macd will golden cross in a few wks time.

Silterra, the first key order after being acquired

On April 8th, Silterra, a subsidiary of Dnex, announced that it has obtained the cooperation of Chipone Northern Technology to sign a supply contract worth more than US$400 million to provide the latter with wafer bodies required for semiconductors. Due to commercial terms, Dnex could not disclose the cooperation period of the contract

Chipone Northern Technology, a Chinese technology semiconductor company, provides customers with one-stop display integrated circuit design solutions, including touch screen, timing control, power management, display driving, signal conversion, fingerprint recognition, etc., electronic manufacturing and Led systems It is the company's main customer group.

Through this cooperation, Dnex will officially open up the development of Mainland China It is not difficult to find that entering the Chinese market has become a trend. Earlier cases such as Unisem, Jftech, Mi, etc., these technology companies have successively cooperated with local companies and obtained relevant orders.

The reason why the Chinese market is so hot is that everything has to go back to the opportunity brought by the Sino-US trade war. Since the United States launched sanctions, Huawei was the first to be attacked. It was blacklisted in 2019, resulting in the inability to obtain chips from abroad. The limitation of production caused a sharp decline in sales the next year, which also highlighted the dependence of Chinese companies on the United States. Subsequently, the United States once again increased sanctions, and more than 10 Chinese companies were blacklisted. Some of them happened to be technology companies. Companies that had long-term cooperation with US companies were also affected. The world sees the "fragile" structural nature of China's front-end technology. As of 2020, the best chip foundries in China have lagging behind their competitors for at least 5 years in technology.

A piece of news today mentioned that the price of imported chips has skyrocketed by 20 times due to the “ton of cargo” of automakers, revealing that China’s chips are quite tight.

Therefore, China has continuously advocated "independence" in its development policies in recent years, especially in the technology industry chain. In order to alleviate the impact of US sanctions, Chinese companies are accelerating their efforts to seek more external cooperation, including technology development rights, to cultivate more relevant talents.

It can be seen that Silterra's cooperation with the mainland is only just beginning. From the perspective of China's demand for chips, we believe that more related cooperation will emerge in the future. With the help of shareholders Beijing Shengshi and Hon Hai Group, it is not difficult for Silterra to turn losses into profits. Don’t forget that Dnex also has a subsidiary company worth noting, Ping. As oil and gas prices stabilize, this business may be the key for Dnex in the second half of the year.

Dnex paid only usd60m for usd300m foundry. So cheap.
Wait til dnex double siltera caps in future ..by that time jus silterra alone is worth more than usd1bil.

Foxconn offer usd125 mil for 50k silterra.

Now
Foxconn is paying usd135mil for potential 15k taiwan foundry.

Foxconn increase price 3 x after 6mth.

Talk about inflation.

HSINCHU, Taiwan -- Taiwanese electronics giant Foxconn said on Thursday it will buy a semiconductor plant from a local memory chip supplier for $90 million, marking a major step by the iPhone assembler to secure a source of chips for its nascent electric vehicle business.

Foxconn has made electric vehicles a major focus of its growth strategy as it looks to offset a slowdown in its mainstay consumer electronics segment. Securing supplies of chips is crucial to that goal given the global semiconductor supply shortage, company chairman Young Liu has said, and the fact that EVs use far more chips than conventional cars.

Liu said Foxconn plans to invest billions of New Taiwan dollars in the coming years to increase the plant's capacity to 15,000 wafers per month beginning in 2024. That would be enough to supply SiC chips for around 360,000 electric vehicles a year.
====================================
spent 2 billions NTD or 90mil usd
going to spent billions to upgrade to 15k wafer per mth

meaning going to spent at least 3 to 4 bilions at least or USD135 mil to 200 m for 15 k per mth by 2024.

silterra is 50 k per mth....mean silterra is worth 400m to 600 m usd now.

Dnex need much higher liquidity to hold so much fund.
4 bil share x rm5 will fetch 20bil in few years time to be index stock.

Thats why all warrant are converted. The roadmap had been planned.

the dragon head in tech will be silterra and only tech conpany as index stock in future.

with major investment fund pouring into silterra with major partner like CGP and foxconn.
Dnex will be the most technological advance company in malaysia and bursa.
2 bil caps is so cheap.

The contract is for long term .

1.7 bil for multi years..not for 1 year.
Becoz silterra cannot fulfil such order for 1 year.
They can only fulfil it in multi years.

There will be MORE long term contract after this because silterra now had change to securing long term contract mode.

Major customer will lock in long term contract with silterra at favorable price due to severe shortage environment.

This is a sign of turnaround for silterra.

With lock in volume for future planning and expansion.
with lock in profit for future investment.
Silterra can grow 2 x in capacity the next few years with this long term planning.
With 2 x capacity and higher contract price and higer margin.

Silterra can reach 1+ bill sales revenue with growing profit .

Side note: Now silterra is listed company under dnex.
No more siphoning of balloon expense under K.
Expect expense for silterra to reduce drastically.

He added that announcements will be made in the near term on Silterra securing new long-term customers.

“We want a stable customer base. We can plan better and optimise the efficiency at the plant – particularly the production planning.”

***
Long term customer --- U know who

***
“We also are looking for opportunities to go further downstream, especially with products using our own proprietary technology. We have partners who are already in the space.

“The question is what is the right business model. I think the day will come when we want to look at how we can go into providing chips, and components, and finished products to the automotive industry, particularly in this electrification of cars.

“Whether we want to do it alone or via investments, or a consortium – those are the details that we need to work out but that is something I would like to pursue,” he said.

***
Probably JV to build EV with Foxconn.. if not no need consortium

另一方面，问及对于鸿海子公司新加坡富士康崛起成为迪耐的大股东之一后有何进展，赛再纳尔指出，目前有些计划正在洽商中，并有任何消息会稍后公布。

Silterra aka dnex is the only chip stock in bursa.

https://www.marketwatch.com/story/smic-jumps-again-as-investors-turn-to-policy-supported-chip-sector-271627364286

Shares of Semiconductor Manufacturing International Corp. jumped Tuesday as investors shaken by China's aggressive regulatory actions sought refuge in the Beijing-backed chip-making sector.

The Hong Kong-listed stock was 12% higher at HK$27.05 at the midday break, gaining nearly 24% over the past two days to trade at its highest level since early April.

Other Hong Kong-listed chip makers also surged, with Hua Hong Semiconductor Ltd. climbing 9.3% and Solomon Systech (International) Ltd. rising 10%.

Investors think the semiconductor industry is very unlikely to be the target of regulatory curbs, two Hong Kong-based equities analysts said, because Beijing is in the midst of a national drive to build its domestic chip supply chain and has vowed to support the industry.

Investors also may have accelerated building positions in chip stocks, especially market leaders like SMIC, before second-quarter earnings releases, one of the analysts said. He added that the industry's results are likely to be strong, driven by sharply higher chip prices amid a global supply shortage.

DNeX expects SealNet revenue to grow 300%

KUALA LUMPUR: Dagang NeXchange Bhd (DNeX) expects that revenue from SealNet, its newly-launched product, to grow by about 300 per cent.

https://www.klsescreener.com/v2/news/view/859489/dnex-expects-sealnet-revenue-to-grow-300

Sealnet is MYEG ver 2.0

Now that it has been developed and has started to attract attention from end-customers, what kind of returns is SilTerra projecting from silicon photonics alone?

“We hope this new business will bring in US$45 million to US$60 million in revenue by 2023. Of course, we hope it will grow even further from that point,” says SilTerra CEO Firdaus Abdullah.

**
silicon photonics alone - US$45 million to US$60 million in revenue by 2023

That is not considering hike in price and increased capacity in future.

Tan says the company is already shipping out silicon photonics chips, but it is not very visible at the moment. “The big growth is going to be in 2022 and 2023.

Silicon photonics chips are made of silicon but conduct photons instead of electrons, says Tan. “Their structures need to be adapted for guiding photons, also known as waveguides, very much like how a fibre-optic cable transmits light. Combining waveguides with semiconductors on the same wafer is the capability we have developed.”

As mentioned before, this is an incredibly difficult process and word got around that

SilTerra was one of the few,

if not the only one,

that could do this. Lux Photonics Consortium programme director Dr Soo Choi Pheng says, “Silicon photonics uses light to move huge amounts of data at very high speeds, and SilTerra provides the right facility to support IC (integrated chip) product designers in realising their innovation to make this not only faster but also propagate to a wider range of applications.”

http://www.ocdn.com.my/news.cfm?NewsId=98876

【納閩十五日訊】在中華人民共和國駐馬來西亞大使館經濟商務處一等秘書姚禕、中國建設銀行總行國際業務部副總經理王啟傑和馬來西亞進出口銀行負責人陳中揚的見證下，中國建設銀行馬來西亞有限公司、中國建設銀行納閩分行（“建行馬來機構”）和馬來西亞SealNet、納閩數字認證中心（DAC）、Capbay共同簽訂共建區域“單一窗口”服務合作備忘錄。

馬來西亞作為21世紀海上絲綢之路的重要節點國家，地理位置優越，營商環境良好，多年來馬來西亞在東盟“單一窗口”服務建設中始終處於領導地位。2020年12月，建行馬來機構被馬來西亞進出口銀行委任為東盟“單一窗口” 獨家中資銀行戰略合作夥伴，致力於推動“全球撮閤家”與東盟區域單一窗口對接和業務聯通，共同服務中馬雙方經貿往來。

2020年，中馬雙邊貿易額再次突破千億美元大關，中國已經連續12年蟬聯馬來西亞第一大貿易夥伴，也是馬來西亞第5大製造業外資來源國，中馬兩國合作共建“一帶一路”成果豐碩，中馬互聯互通達到新的水平。

2021年1月，建行馬來機構與中馬兩國海關總署共同舉辦了“中國-東盟區域單一窗口互聯互通研討會”，就數據互聯、物流跟蹤、單據互認進行了深入的交流並達成合作意向。為加快推動“單一窗口”服務建設，推動中馬兩國雙邊貿易邁上新額台階，建行馬來機構、SealNet、納閩數字認證中心和Capbay經多次洽談和友好協商，成功實現共建“東盟區域單一窗口”服務合作備忘錄簽約。

本次共建區域“單一窗口”服務合作備忘錄的簽訂，將進一步加強馬來西亞在東盟對華貿易和投資中的樞紐地位，加快中馬雙方跨境貿易、信用模型、貿易融資、數字認證等方面進行深度的合作，加速雙方在電子商務、數字經濟等新業態的深度融合，推動雙方高質量共建“一帶一路”，不斷提升兩國的經貿合作水平，共同服務區域經濟發展。

We are excited to announce that CapBay has recently signed an Memorandum of Understanding with China Construction Bank (CCB), SealNet (Dnex subsidiary) and Labuan DAC.

"CapBay will supplement the Regional Single Window (RSW) ecosystem with an e-trade financing platform to present Malaysian SMEs with better access to trade financing while SealNet will connect the RSW to importers, exporters, manufacturers and trade-related businesses."

The MoU cloud signing was witnessed by a senior representative of the Embassy of PRC in Malaysia. Read on the article by The Edge Markets to know more about this latest collaboration.

https://www.theedgemarkets.com/article/china-construction-bank-makes-move-build-regional-digital-trade-platform#

LABUAN (July 15): China Construction Bank (Malaysia) Bhd (CCBM) and China Construction Bank Corporation Labuan Branch (CCBL) have signed a Memorandum of Understanding (MoU) with three firms to build a comprehensive “regional single window” (RSW) digital platform to facilitate trade.

The RSW has been mooted to promote international trade facilitation with major trading partner nations and to assist small and medium enterprises (SMEs) in export and import financing through an ecosystem approach. It is an artificial intelligence-based trade facilitation digital platform that connects trade finance, insurance and logistics in one single marketplace.

In a statement to Bernama today, CCBL said the three firms — SealNet Sdn Bhd, Bay Supply Chain Technology Sdn Bhd (CapBay) and Labuan Digital Authentication Centre Inc (DAC) — signed the MoU on Wednesday, witnessed by Export-Import Bank of Malaysia Bhd (EXIM Bank).

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CCBM chief executive officer Felix Feng Qi, SealNet representative Datuk Patrick Wong, CapBay executive director Ang Xing Xian and DAC director Datuk Tee Ting Cham signed the document in a ceremony.  

To complement the RSW, the Chinese banking group’s smart matchmaking platform — CCB Match Plus —- will integrate domestic and international data to facilitate the matching of cross-border merchandise.

CapBay will supplement the RSW ecosystem with an e-trade financing platform to present Malaysian SMEs with better access to trade financing while SealNet will connect the RSW to importers, exporters, manufacturers and trade-related businesses.

During the ceremony, EXIM Bank’s officer-in-charge Chin Chon Young said in a joint statement that the MoU signified “the start of an exciting development for the exporters and importers in Malaysia as the RSW is designed with convenience and financial accessibility in mind, backed by digital technology”.

CCBM deputy general manager Wang Qijie said CCBM has shown support for the establishment of the RSW.

“By having direct linkage, it would create a business value chain for our customers where a match-made business in CCB Match Plus could flow through seamlessly to the RSW for transaction execution,” he said.

SealNet’s Wong said the company is looking to address the “pain points” that have hindered efficiency and led to unnecessary costs in the industry.

“SealNet is built to bridge global supply chains and logistics to enhance the efficiency of transport and trade facilitation mechanisms, to improve the productivity of freight logistics, and to provide a better electronic system for logistics and cross-border trade.

“Customers, big and small, can have easy and secured access to SealNet’s digital trade platform anytime, anywhere to enjoy time and cost savings, as well as operate in real-time with data accuracy,” he said.

In 2020, Malaysia’s total exports represented 26% of its GDP, compared with 22.1% in 2019.

“With the growing export trend, the RSW will further support and create a strong foundation to ease and cultivate additional trades within the region. Under the MoU, by leveraging on the expertise of the partners, the parties will collaboratively build a comprehensive trade financing credit model as the key component to support the e-trade financing platform,” he added.

Collaborating partners also agree to work together in the area of linking CCB Match Plus to the RSW ecosystem, with CCBM to handle clearings and settlements behind the scenes.

http://www.dnex.com.my/it-eservices/trade-facilitation/e-services-solutions/sealnet

SealNet

NeXchange Berhad (“DNeX”) is revealing the innovative new product at the event at the Revolutionising The Trade and Logistics Industry through the Digitalisation event on 27th of July 2021. Meet our leader, the Group Managing Director, Tan Sri Dato' Sri Zainal Abidin Mohamed Tahir at the event!

Stand a chance to win lucky draw prizes worth over RM2000K.

Don't miss it. Register at the link below. See you there!

https://event.on24.com/wcc/r/3304561/B32A5CDCBF3C7458635F6E51C95BD1DF?partnerref=socmedDagang

DBT non stop since foxconn entered on 11/6

05/07/2021 0.8300 144,000
01/07/2021 0.8050 400,000
01/07/2021 0.8600 50,000
28/06/2021 0.8400 100,000
28/06/2021 0.7800 125,000
28/06/2021 0.7600 180,000
24/06/2021 0.8500 300,000
16/06/2021 0.9050 700,000
15/06/2021 0.9000 1.000m
11/06/2021 0.9000 5.000m
11/06/2021 0.9000 91.360m
11/06/2021 0.9000 22.640m
11/06/2021 0.9000 11.000m
11/06/2021 0.9000 10.500m

DBT

05/07/2021 0.8300 144,000
01/07/2021 0.8050 400,000
01/07/2021 0.8600 50,000

someone too much money buy so expensive

Chip shortage: need for resilience, diversification

More fabricating facilities being planned to enable countries to secure chip supplies

Faran Mahmood July 05, 2021

ISLAMABAD:

The chip shortage phenomenon is as real as it gets and we see global supply chains faltering when it comes to the production of semiconductors, silicon wafers and  integrated circuits, causing billions of dollars in lost earnings to the global automobile industry alone.

Subaru has shut down its plant in Japan while Nissan, Daimler and Volkswagen have reduced their working hours while they await shipment of microcontrollers from Taiwan.

General Motors, in a bid to improvise in the face of the shortfall, has started to remove some non-essentialcfeatures from its SUVs and trucks.

For the first time in the last 50 years, we see used American cars under lease selling at a premium as the cost of new cars, if available, has soared.

In the chip fabrication business, Taiwanese companies TSMC (Taiwan Semiconductor Manufacturing Co) and UMC (United Microelectronics Corporation) enjoy more than 60% market share while Samsung and SMIC (China) account for less than a quarter of the total world production.

As Chinese chips face US tariffs, the world almost relies on one single chipmaker – TSMC.

Now imagine what happens when the world faces both demand and supply shocks at the same time. The manufacturing hub of Taiwan has been facing the worst drought in decades, leading to a halt to the water-intensive chip fabrication process.

So, while the Covid-19 disruption led to the demand for computers, laptops and gaming consoles rising to a record high, the climate change brought the world supply of chips to a record low at the same time, resulting in a chronic shortage

In the immediate future, we see more fabricating facilities being planned to enable countries other than Taiwan and South Korea secure their chip supplies.

As the world learns lessons about not concentrating most of the chip manufacturing in a single country, there is another ticking bomb that could go off in the face of the semiconductor industry any second – the supply of rare earth metals.

China is responsible for more than 85% of rare earth production and in case of a supply shock, the world may see the shutdown of key industries involving the production of electric cars, solar panels and even F-35 fighter aircraft.

In the past, whenever Molycorp Inc in the US or the Japanese-backed Australia’s Lynas Corp tried to set up production facilities for rare earth metals, Beijing would typically flood the market with cheap rare earths, making the business case of such a new facility unfeasible.

....

Malaysia got abundant water and power.
Malaysia got rareearth.
Malaysia got silterra.
Foxconn n cgp will expand siltera capacity and technology upgrade to build their new base here.

Diversification is pertinent.

https://tribune.com.pk/story/2308845/chip-shortage-need-for-resilience-diversification

They will be planning a lot of development around and inolving silterra in future when they have enuff ownership.

Dun underestimate Foxconn.
If they only wan the chip. Go into contract agreement to buy all chip 2x the price can already.
Why need invest in dnex.

They wan to own and transform silterra to something they envision and not only the chip.
5% is never enough.

no 1 short for today...

end of short for now

no short q seen...very good

short stop at 70 sen......strong rebound after that...probably they are covering back their short

The lower the price the higher chance for hostile take over.
Epf is still sleeping forever.

http://anotherbrickinwall.blogspot.com/2021/06/is-foxconns-acquisition-of-dnex-pre.html

Is Foxconn's acquisition of DNeX pre-planned or hostile?

It attracted rumour that Foxconn will eventually buy directly into Silterra and finally get what they wanted in the first place albeit cheaper. 
DNeX received approval from shareholders for private placement of 30% of its paid-up capital. Will substantial individual shareholder, Zainal Abidin Jalil take it up or it is placed out to Foxconn?    

There have been rumourmongers suspecting that the China company partnering DNeX that bought Silterra could likely be Foxconn's China front. Foxconn has an operation in China to produce Apple handphone. 

Whether there is truth into it, time will tell whether the China partner could work with a DNeX with politically sensitive Taiwanese as substantial shareholder. If the China partner pull out and Silterrra shares is taken over by Foxconn, that would be the confirmation.    

The Taiwanese MNC can afford to not only takeover Silterra on their own, but DNeX as well. 

Syed Zainal's reaction could be diplomatic corporate language to hide the possiblity for future hostile takeover. 

A company with market capitalisation of USD 55 billion and global reach do not go into acquisitions randomly for quick capital gain in share price. They may have done their due diligence and it is indicative that DNeX is a worthy investment overall. 

On the other hand, Foxconn may have confidence in the new and professional team led Syed Zainal. His decades of experience in the automotive sector will compliment Foxconn future plan. 

Syed Zainal and shareholder Zainal Jalil are engineers with the better perspective to identify diamond in the rough. 
Its idealistic shareholding spread and corporate governance ensure it is professionally run.   

Whether Foxconn see potential growth in DNeX other segments of trade facilitation, System Integration & consultancy, energy, telco and technology, it depends on the synergy. 
Having them on board will strengthen DNeX to leverage in turning around Silterra, and in turn adding further value to Foxconn's acquisition. The areas for collaboration is there and for real. 

Buy DNeX for the potential from Foxconn future positive collaboration or potential hostile takeover play. 

A higher price could also make it expensive for Foxconn to do hostile takeover. It will ensure Silterra remains in local hands.

So if the boss wan change job...pls press lower.

Honhai Foxconn ceasing due to warrant conversion.
they bot 120 m direct from shareholder as they wan to get in the board asap b4 voting.
now they can slowly build up their shareholding.
15 july last day of warrant conversion date
tons of cheap warrant for sale let them collect.

think a good time for them to raise their shareholding cheaply.

May be in future can replace the ceo with hong hai boss...not diffficult its jus up to them.

not asking u to buy....this may go lower to so that foxconn can buy over dnex .

esp with the condition that MITI has imposed upon Dnex on the takeover of Silterra...


If Foxcon got the money and wan buy over dnex who can stop?

y buy warrant by foxcon?
Because when they convert their money goes in to the company.
Their converted money is still under their control when they own dnex in future.
So they only pay 25 sen for dnex share.
If they buy from public or shareholder. the latter keep the money.

Ajib already hint silterra will be owned by foreigner.

Foxcon VP on board dnex already show Fox conn intention is to control dnex.
Fox will not rest with 5%.
if they gonna spend so much effort to turn arround silterra, they will sure wan control dnex 51% at least.

You wont know that Foxconn proxy is already collecting warrant and converting.
Especially nearing expiry date when price will drop a lot.
If i am fox con. i will sapu all the warrant dead cheap and convert them.
By then who is the boss eventually , u wont even know.

If can press to 50 sen. Foxconn will be more than happy to take over dnex.
public float is plenty. They can easily get 51%.

their holding now is 4.88%

foxcon gonna top up more share soon...they now cease to be substantial holders after the additional listing of 60 m today.

tot the handle will go lower...seems the new director had shorten the handle....

cup and handle forming.....how low the handle will go?

wait until neck long still at 83........a lot of proxy buying to sell to foxconn ah...getting impatient lo someone...

The whole saga will only and intended to attract retailer.
All big fund will stay out.
Good luck and watch show.

This is not a good sign as today din limit up.
Fund will not buy in with such legal case against auditor.
Credit rating will not upgrade with looming court case.
Biggest problem for SD is credit lifeline.
No upgrade forever penny stock.

Everyone will take profit and run on any strength.

With price increase 3 to 5x .
Silterra can possibly contribute annual 800m to 1 bil revenue goining forward from current 500m.
Not including ping n others.

Standard tech revenue to market caps is 6 to 8.
Easily fetch 5 to 8 bil valuation.
When dnex book all the numbers in.
1bil revenue with market cqps 2 bil is cheapest in the world.

Inari annual revenue 1.2b...market cap 11 b.
Dnex annual revenue 1 bi.. market cap 2 bil.

coming...