Cannot bau... need new captain

And...... to stay on the ground

Same cannot be said for TH Heavy Barakah

Thus far SD has not disappointed Petronas

O.... S word by the lenders

So far has not heard the S word

Oso too big to fail?

Total loans RM 3,939,954,000

Fair chance for restructuring to be successful

As only 15% of SD loans and borrowings are secured

bos really had a way with the leaders all willingly gave him money for free

2 big shot tan sri join forces

Hero or zero?

Ditto PING

SilTerra has settled down can be reasonably valued

Big funds have justifications to back up their intention to buy DNEX

Big funds have started to make their moves... for their new 2022
portfolios

It is ok la DNEX different biz driven by different people

(Based on annualised profit of RM59mil) ??????????

Delivery times for chips rose in December, signaling persistent component shortages that have slammed growth for months in industries that span the economy. Companies from Apple to Ford are losing out on billions of dollars in revenue because they can’t get a sufficient supply of semiconductors to meet demand for their products. The push to get components is also forcing up costs, the companies have said.

*SALCON (MYR0.255)*
*_ACCUMULATE (TECHNICAL)_* _Shariah_
STOP-LOSS: _Below MYR0.225_
RESISTANCE: _R1: MYR0.290, R2: MYR0.330_

25 sen to a 1 RM ?

A receiver will be appointed to take over to manage SD and savage whatever possible

Contracts wit Petronas appear genuine??

A receiver or a bit worst a liquidator will b appointed to take over the management of SD very soon

If situation in China deteriorates DOW is going to crash big time

If covid situation in China deteriorates DOW is going to crash big time

If situation in China deteriorates DOW is going to crash big time

1.1b is Salcon core competency ?

2.2b

900m to Taliwork

1.1b

1.1b to go

U are obviously not aware Charlie Munger admires Xi

U are obviously not aware Charlie Munger admires Xi

Worst case scenario

Co shareholders balik kampung

Bangla pun balik kampung

Sama sama balik kampung tanam jagung

Wacked gloves companies Bangla get better treatment

Wacked smaller companies which cannot withstand drop in sales like ATA VS Bangla balik kampung

The markeres used are very low

For instance retain a Bangla workers passport... it is forced labour (notwithstanding he may cabut and illegally seek employment elsewhere)

Bangla got conned at home country paid a high recruitment fee... it is forced labour (notwithstanding he willingly paid to get his dream job)


Sure kena one

Market price so low sure told to go fly kite

Don't come disturb anymore

“It is an encouraging start to the year as SilTerra reports a turn-around to profitability from transformation initiatives implemented to enhance manufacturing processes and optimise efficiencies.



“It is an encouraging start to the year as SilTerra reports a turn-around to profitability...


This part is true


...from transformation initiatives implemented to enhance manufacturing processes and optimise efficiencies.


This part not true

Management taking credit for jump in ASP


Took over management from 27.7.2021 how to implement so fast.... the transformation initiatives implemented to enhance manufacturing processes and optimise efficiencies.

The 20m profit comes August and September so RM 10m per month BEFORE the transformation initiatives implemented to enhance manufacturing processes and optimise efficiencies.

Post transformation initiatives implemented to enhance manufacturing processes and optimise efficiencies and LTA signed think can RM 20m per month

RM 20m x 12 = RM 240m per year from SilTerra

Mimos Mimos Mimos

Mimos

Mimos Mimos Mimos

Mimos Mimos

Looks like operators r back at 0.615

6767

Will say u are good if u can tell which part of this is due to waiver of SilTerra debts due to Khazanah by Khazanah


Effect from business combination (Note 12) (c) 264,508

Fragile

Best case scenario.. this new variant is mild and provides natural immunity to further Covid-19 re infection

Worst case scenario... another 2 years of past years and overstretched governments gone bankrupt and civil societies as we know them collapsed

Effect from business combination (Note 12) (c) 264,508


This is not accounting wizardry

This is backed by HARD assets

Do u know what is a bargain?

Do u know what is a bargain purchase?


SilTerra is a bargain purchase


Meaning DNEX paid less than it got out of SilTerra

DNEX paid RM 273,000,000 to purchase SilTerra but got value of RM 537,508,000 out of SilTerra

Paid RM 1 got value of RM 1.967

Effect from business combination (Note 12) (c) 264,508

Biz ok but operator left d at 0.82

Always good to have profit while waiting for bigger profits

Remember SilTerra has been making losses all this while

Bot Silterra for so so cheap

Need to account for non controlling interest

Maybe 1.12



Gerard Lam Correction: Silterra acquisition was completed in end July.

Thus RM22mil is only August and Sep21 contribution.

This means that full 3 months should be RM33mil.

At PE of 45x, Silterra worth to Dnex alone is RM1.88.

26/11/2021 1:30 PM

Right path la

Stil need anymore convincing?

Sinovac was good for original herd immunity plan

U may be vaccinated now

6 months later u r no longer vaccinated

U may be vaccinated now

6 months later u r not longer vaccinated

U may be vaccinated now

6 months later u r not longer vaccinated

U may be vaccinated now

6 months later u r not longer vaccinated

Original plan was to vaccinate 70% 80%

Then herd immunity and Covid would be gone

But covid mutates into alpha beta delta etc

Plan needs to change lo

Pfizer AZ oso going for booster

Original plan was to vaccinate 70% 80%

Then herd immunity and Covid would be gone

But covid mutates into alpha beta delta etc

Plan needs to change lo

Pfizer AZ oso going for booster

Original plan was to vaccinate 70% 80%

Then herd immunity and Covid would be gone

But covid mutates into alpha beta delta etc

Plan needs to change lo

Pfizer AZ oso going for booster

Original plan was to vaccinate 70% 80%

Then herd immunity and Covid would be gone

But covid mutates into alpha beta delta etc

Plan needs to change lo

Pfizer AZ oso going for booster