I can support too if vol is not huge.

rr88, institutions are lining up to buy whoever listens to your advice.

Baby Shark, RM0.79? or RM0.95. Ha......

Stay Up, you can afford to move to higher condo soon.

US car makers hit by Malaysian chip shortage
Bloomberg -August 24, 2021 10:15 AM

Infineon Technologies AG has a US$1 billion facility in Kulim, Kedah.
KUALA LUMPUR: The number of Covid-19 infections in Malaysia is threatening to aggravate shortages of semiconductors and other components that have hammered automakers for months.

Malaysia has not historically had the kind of importance to technology supply chains that Taiwan, South Korea or Japan do. But in recent years, it emerged as a major centre for chip testing and packaging, with Infineon Technologies AG, NXP Semiconductors NV and STMicroelectronics NV among the key suppliers operating plants there.

Now Covid-19 infections are soaring in the country, jeopardising plans to lift lockdowns and restore full production capacity. The seven-day average for reported daily infections has pushed past 20,000, up from just over 5,000 in late June, although the number of reported infections dropped to 17,672 on Aug 23.

Ford Motor Co said last week it would temporarily suspend production of its popular F-150 pickup truck at one US plant because of “a semiconductor-related part shortage as a result of the Covid-19 pandemic in Malaysia”.

Malaysian authorities are racing to address the outbreak and has granted exemptions to certain manufacturers in an effort to keep the economy on track. Companies were allowed to keep operating with 60% of their workforces during the June lockdown and they will be able to move back to 100% when more than 80% of their workers are fully vaccinated.

But the situation on the ground remains volatile. Factories have to shut down completely for as long as two weeks for sanitation if more than three workers contract Covid-19 under unofficial guidelines. The Delta variant is proving particularly infectious and difficult to stop.

“This could be very disruptive for Infineon and other companies that have plants with a few thousand workers,” said Samuel Tan, a semiconductor analyst with Kenanga Investment Bank Bhd in Kuala Lumpur.

Local firms are reporting such closures through exchange filings. STMicroelectronics and Infineon, both key auto suppliers, had to close facilities.

The situation could aggravate semiconductor shortages, already at crisis levels. Chip lead times, the gap between ordering a semiconductor and taking delivery, increased by more than eight days to 20.2 weeks in July from the previous month, according to research by Susquehanna Financial Group. That gap was already the longest wait time since the firm began tracking the data in 2017.

Automakers have lost sales after a series of unexpected blows in the past year, including a cold snap in Texas that hobbled factories there and a fire in Japan at a critical auto chip plant.

Toyota Motor Corp said last week it would suspend production at 14 plants because suppliers, particularly in Southeast Asia, have been hit by new Covid-19 infections and lockdowns. It has partners clustered in Thailand, Vietnam and Malaysia. Thailand and Vietnam are also seeing sharp increases in reported infections, as the Delta variant spreads.

Malaysia’s position as a prime base for testing and packaging chips is critical because those are the last steps of semiconductor production. Electronics and electrical products account for 39% of the country’s total exports, according to data from the trade and industry ministry.

“Malaysia is a key player in the global semiconductor trade,” Wong Siew Hai, president of the Malaysia Semiconductor Industry Association, said in an interview. “Thus, any disruption anywhere along the supply chain will have knock-on effects elsewhere in the ecosystem.”

Vaccinations are critical to ensuring the country can play its part in the technology supply chain, he said. About 57% of the total population have received at least one dose, according to the health ministry.

The government has plowed ahead with its battle against the outbreak through a transition in prime minister. Officials are working with large companies to prioritise the vaccination of entire staffs as soon as possible. And because this is the third major lockdown in Malaysia, companies in the country are maintaining certain emergency inventory to cushion the impact of factory shutdowns, Tan said.

Still, Infineon said in an earnings call in August that manufacturing bottlenecks in Malaysia are likely to continue to weigh on sales in the current quarter. Chief executive officer Reinhard Ploss told analysts the total impact from the shutdown was in the “high double-digit” millions of euros, though the company expects that the plant in Malaysia should be running at normal capacity later this month.

STMicroelectronics recently suspended its assembly plant in Muar due to the pandemic, and resumed operations after 11 days, CEO Jean-Marc Chery said in an earnings call in late July. The incident will d

Based on Gerard Lam's projection of profit after tax of RM150 - 200 million, then projected PER should be projected to 11.6 to 15 @RM0.75

Additional RM300 million for debottleneck capacity can be done anytime with DNeX internal fund and CGP's contribution to ramp up the production to the maximum for maximum return. The long-term of RM10.5 billion to set up a 12-inch fab could only be carried out only if the initial plans are effectively executed to generate enough profit to sustain the RM10.5 billion expansion through borrowing from within Malaysia ( banks, PP or rights) or borrowing through CGP's financial institution. It could be done either directly from Siltera or through DNeX - CGP. My 2 cents opinion.

pradeep, only if the assumption of RM150 million net profit annually can be achieved, the PER should be 11.4 @RM0.745

Not only DNeX will be affected by unforeseen circumstances such as certain change of government or PM. The long term prospect of DNeX is still intact. It depends very much whether you are a short term, mid term or long term investor or day trader. All has their own strategy. The main purpose is to get return. Be happy on what you decide what to do with your money.

willieyong, good luck. Hope you are looking to buy more. Not at RM0.7 but about RM0.8+-

Baby Shark, unless you are a day trader, you could check only every now and then. If you are anxious, don't look at it for 3 months. You will give yourself a big surprise. Hopefully not RM0.3 like some people who are waiting for it at RM0.3. Ha...............

Baby Shark, you have to look at the positive side of the WD conversion exercise. Fund raised for acquisition of Silterra and to raise Ping shareholding to 90% are all positive. PP is only needed if additional funded is needed. The 97% WD conversion is a huge confident boost.

Do you have news on Ping taking over the 50% of Anasuria Cluster from Hibiscus ? Is it just a rumour?

I am positive on the uptrend. You will know it by friday.

BstRspnsNnF, wow, you are expert in investing in Call Warrant. I don't dare. You are good.

rr88, I do hope that you still have DNeX's shares left to sell. Buy first before you can sell otherwise it becomes short selling.

The last quarter earning should be out around 26/8/2021. Hopefully by then, the price should be around RM1

The DNeX "ship" is officially sailing........Congratulation to all who put their investment in DNeX.

anemon, does this rally anything to do with the coming huge announcement?

anemon, where do you get your insider's news? The institutions have not finished buying at low price

Edge, I understand. I choose to buy warrant instead of Call warrant or put warrant. Yes, the higher the risk you take, the higher the return you may get. Please only allocate 10% of your total available investment fund for the high risk investment.

Edge, buy mother share instead of call warrants. Logically it is not worth to buy because the conversion prices are ranging from RM0.9 to RM1.2 and expired ranges from 18/3/2022 to 30/5/2022 for CA to CG. Take CG for instance, 35 millions expired 30/5/22, conversion at RM1.2 for 5:1 ratio

anemon, you are right. PP is not required at the moment. DNeX is a blue-chip Stock in the making.

HerbertChua, I read the news many times and I don't find the contract sum of USD400 million per annum. It is very likely to be USD400 million for the contract to be supplied over a number of years. It could be renewable with stated term & condition.

I believe the institutions are the one to keep the price low to collect for their long term investments. For those smaller investors who have just converted the WD may be tempted to dispose for profit especially if the money used for the convection is from the borrowing.

70.1% of DNeX's shareholding is free float.

luckaje, should be coming soon as the last day of listing should be 11/8.

EPF already holds 40,058,200 shares. Please let me know if my information is not correct.

Trevor777, thank you very much.

Trevor 777, where can I get information on the balance of WD yet to be converted? Where can I get information whether institutions have been acquiring DNeX's shares?

It seems like the support at RM0.4, RM0.395 & RM0.39 are strong. These is what they want you to believe.

TedTock, you are absolutely right to say that.

The last day for submission with payment was 30/7. It will take 8 working days to process.

Not yet. The last day should be 11/8.

Good that all of you still can find humour even the price is dropping. This is what I call confidence. As long as you are prepared to stay mid to long term, treat some of the comments as entertainment.

I strongly believe that the balance 100+ million WD will convert to mother share. With the total of 695 million WD converted or to be converted by 11/8, RM340+ million has been and to be raised and these fund raised has been used to acquire Ping and Silterra with balance for further expansion of businesses. Unless further fund is needed, PP will not be called upon that soon. Don't worry if additional shares are listed for the next 10 days because raising fund is not easy especially during Covid-19 pandemic and it should give us further assurance that many investors are willing to put their money in DNeX.

Fellow investors of DNeX, don't quarrel over the good news. Share price has not moved up yet. It is a certainty that it will move up given time of 6 months to 2 years.

Looking at the prospective of DNeX raising additional funds through conversion to boost the cash flow. It is also proven that the investors ( institutions included) have strong confident in DNeX's bright future.

Trevor 777, TedTock, atilanohun, agreed with your advices. It is timely to remind all who have invested in DNeX, to prepare yourselves for at least 6 months to 2 years to realise your investment in DNeX.

Kakume, Since 14/7, the DNeX-WD has been suspended and could no longer be traded. It is equivalent to Zero if you opt not to invest RM0.5/share to convert. It is either you put in RM0.5/share to convert to mother share or you receive zero for holding it. The last day for the payment and the documentation to reach the registra is 30/7, it will take up to 8 working days to be listed.

The market needs to absorb part of those who have / is in the process to convert the WD to mother shares. Correct me if I am wrong, the last day to list these shares is 8/8/2021. There is still 150+ million WD to be converted unless it is treated as null and void. Based on RM0.765, you can have RM0.265/ share profit by investing RM0.5/share.

Gerard Lam, Thanks for details sharing of Silterra's current, future with projected prospects. In mid to long term, DNeX is going to perform well with all 4 cylinders generating power into 2022 and beyond.

Gerard Lam, you are very knowledgeable on Silterra especially on their bright future. Thank you for your contribution. By the end of the year, what is your projected DNeX's share price ?

Based on my estimation, almost all 695 million WD has been converted or to be converted in the next week or 2, to mother share resulting in additional funds of more than 340+ million. The share price is in consolidation likely because of some of these convection are for short term sales for profit.

baby Shark is circling around here for the right time to attack. Still waiting for the signal he is looking for. Good luck.

Ping - With projected profit from Ping ( RM52.8), Silterra - With projected revenue of USD300 annually Net profit 75 million to increase to USD 1 billion in 2025 - 60% - RM190 million, NSW - RM100 million annually RM25 million net profit, Submarine cable in Indonesia- 46.55% of RM63 million annually. Projected 5 million. Total projected profit = RM52.8 M + RM190 M + RM25M + RM5 M = RM272.8 M per year - PE 8.1 @0.775. If at PE 20, the share price should be RM1.91 Does it make sense. We are trading at possible premium of RM1.135

Based DNeX's report, the last three financial years ended 31 December 2018, 2019 and 2020, Ping reported a cumulative audited net profit of USD34.7 million. Average USD11.56/year. Based on report from Hibiscus, the production output from Anasuria Cluster will increase by about 10% in 2021 and the average crude oil price in 2021 is USD 63.2 and improving. From 1/7/2021, the projected Crude oil is expected to be USD70 pb ( increase by 10%). It is acceptable to expect the net profit for Ping in 2nd half of 2021 by 20% = 11.56 x 1.2 = (USD13.872/ 4 quarters) x 0.9 = USD 3.1212 million ( RM13.2 million per quarter). Please comment for my estimation.

Can someone tell me, based on Ping latest financial report ending 31/12/2020, the total revenue was RM142.4 million and the net profit ( after tax) was only RM9.3 million ( margin only 6.53%). Why so low?

jlex11 , your comment & observation is acceptable especially the ratio. Thanks

I think DNeX is still in the consolidation phase because of convection of DNeX-WD. I also do not expect DNeX to push towards RM1.5 or RM2.0 in the next 6-9 months because of Call Warrants ( CA,CB,CC,CD,CE,CF,CG) ranging from 21 to 100 million with convection price of RM0.9-RM 1.2 with the expiry date ( ranging from 31/1/2022 - 30/5/2022).