QR really not bad, buy/hold

The reason of DNeX share price supported well around RM 0.73...

investors still believe in DNeX's bright future

https://fb.watch/8e_jlJfwnN/

DNeX current QR explanation, chinese speaker.

In overall, he is looking good for DNeX coming performance.

In overall, quite good

Herbert, it is 5 years contract for USD 400mil

If profit margin is 20%
---> USD 16 mil per year = RM 67.2 mil per year
( USD:MYR= 4.2)

Pity for those who sold yesterday.....

If Foxconn buying 120mil of DNeX share in the open market.

By assuming each bid having 3mil of sell queues.

It will be like, 40 bids up which equivalent to RM 0.2 ( 40 bids x Rm 0.005 per bid).

Foxconn bought DNeX 120mil of share from shareholders with price RM 0.90 per share today (10-June-2021). The agreement signed today, so expecting next monday can see bursa announcement for Foxconn to be substantial shareholder.

Guys, think about it.

Who got such power and reputation to ask Bloomberg to publish such news?

Anyhow, DNeX and Silterra is eyeing by international players right now.

Anything could happen.

But I wish DNeX share price go up steadily!!!

Good luck to DNeXian!

Very simple, you take the risk, you buy/hold the tickets.

You don't take the risk, you sell/not buying the tickets.

People like me are willing to hold/buy the tickets because we studied the fair value of DNeX share price and also the potential of DNeX with Silterra and Ping.

And GUYS, Brent Oil Price is above USD 65/barrel for LONG TIME.

This will reflect in DNeX, Sept QR3.

Imagine company like Foxconn are buying the PP to secure their chips supplies for future?

With PREMIUM such as RM 1 mother share but PP price at RM 1.2?

:D

On 26 August 2020, the Board of Directors of DNeX ("Board") had announced that DNeX had on 26
August 2020 entered into a heads of agreement ("HOA") with PING, for DNeX to make an offer through
PING, to acquire the remaining equity interest in PING not currently owned by DNeX. PING is a 30%-
owned indirect associate company of DNeX via DNeX Energy (being a wholly-owned subsidiary of
DNeX). The HOA is not legally binding and is subject to the signing of the definitive share sale and
purchase agreement. Subsequently on 30 October 2020, 30 November 2020 and 31 December 2020,
the Board had announced that DNeX and the Vendors (as defined in Section 2.6 of this
announcement) had mutually agreed to extend the effective period of the HOA from 31 October 2020
to 30 November 2020, from 30 November 2020 to 31 December 2020, and from 31 December 2020
to 31 January 2021, respectively.
On behalf of the Board, UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") is pleased to announced
that DNeX had on 22 January 2021 entered into a share sale and purchase agreement ("SSPA") with
a group of Vendors (as defined in Section 2.6 of this announcement) for the proposed acquisition of
the 60% issued share capital in PING for a purchase consideration of USD78,000,000 (equivalent to
RM314,340,000) to be satisfied via a combination of:-
(a) cash amounting to USD40,950,000 (equivalent to RM165,028,500) ("Cash Consideration");
(b) the allotment and issuance of up to 360,000,000 new DNeX Shares based on an issue price
which shall be determined at a later date based on reference to the 5-day volume weighted
average market price ("VWAP") of DNeX Shares up to and ending on 2 business days before
the Completion Date of the SSPA ("Consideration Shares"); and
(c) the allotment and issuance of new redeemable non-convertible preference shares in DNeX
Energy ("RPS") based on the issue price of RM1.00 per RPS ("Consideration RPS"),
provided that the aggregate value of Consideration Shares and Consideration RPS shall not exceed
USD37,050,000 (equivalent to RM149,311,500), based on the terms and conditions contained in the
SSPA ("Proposed Acquisition"). Further details on the method on the settlement of the purchase
consideration of the Proposed Acquisition are set out in Section 2.5 of this announcement.
Salient terms of the SSPA are set out in Appendix I of this announcement.
Further details on the Proposed Acquisition are set out in the ensuing sections.

Hi AlsvinChangan, I hope you did some study or research before comment here to confuse everyone, you may refer to below announcement to clear your doubt.

Link 1:
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3123379

Link 2:
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3144373


Link 2 should be the final version for your information.

We all to grow up... let's did some research before question!

Thank you.

Link:
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3154144

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS DAGANG NeXCHANGE BERHAD ("DNeX" OR THE "COMPANY") PROPOSED ACQUISITION BY DNeX OF 60% OF THE ISSUED SHARE CAPITAL IN PING PETROLEUM LIMITED ("PING") FOR A PURCHASE CONSIDERATION OF USD78,000,000 TO BE SATISFIED VIA A COMBINATION OF CASH, ISSUANCE OF NEW ORDINARY SHARES IN DNeX, AND ISSUANCE OF REDEEMABLE PREFERENCE SHARES IN DNeX ENERGY SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF DNeX ("PROPOSED ACQUISITION")


---> PING acquisition, complete?

Thank you very much omega bro!

Hmm, 58.8% of shares still floating in open market!

Guys, sapu!

Tuancapital, nice sharing

What omega posted? I can't find...

Of course there are many semiconductor company but wafer chips supplier benefit the most with the chips global shortage issue.

rocketfly1, wafer fab in bursa, only have Silterra, which represented by DNeX after complete the acquisition......

" Now global chips shortage, any wafer fab can invest in Malaysia stock market?"

Hmm... no choice... DNeX je...

Toyota78 bro, push DNeX :P

Hmm maybe China take 70% of PP while Taiwain take 30% of PP.

Dato Seri Syed Zainal will handle it well, believe him!

Money is the matter, not country :P

https://www.eenewseurope.com/news/foxconn-talks-buy-memory-fab#:~:text=The%20world's%20largest%20contract%20manufacturer,makes%20non%2Dvolatile%20memory%20chips.

Guys, breaking news!!! Foxconn is buying DNeX share according to above article!!! (Maybe taking PP?)

"The company is also exploring buying a share in a 200mm fab in
Malaysia run by Silterra."

and guys, do you think DSS Zainal will con us? With his reputation?

What he said = What is going to happen

Turnaround for Silterra only only take MAX. of 2 years.

A RM1.5bil or RM 2bil revenue company(Silterra) is COMING SOON.

Bro, Yezza7791, I like your below sentence, it really represent what a good company need to have :D

"And I always believe , Genuine company , clear direction, good management profile leader DS Syed Zainal ...The company like this , worth to invest and wait ."

https://www.theedgemarkets.com/article/rm970-mil-stake-dnex-wont-waste-time-turning-silterra-around

"With RM970 mil at stake, DNex won’t waste time turning SilTerra around"

DSS Zainal, MD of DNeX Group, confident with CGP Beijing :D

Good morning to all DNeXian!

Yes, have different kind of trading method. I think for Toyota78 and I are buy undervalue gem and wait for it to shine, worryfree. As I couldn't every day monitor the price movement. Why not just believe in your investment?

Toyota78, I read that too, that's why I am holding tight my tickets. Never let go!
I believe just time matter, DNeX will be difficult to buy in near future.

We will be rewarded, cheers!

Brent Oil USD 66 per barrel today hmm...

Good morning, in DNeX we believe, we will be rewarded, time matter only.

Hehe The Market bro, don't forget to credit me for posting below link la:

https://semiengineering.com/200mm-demand-surges/

:D

Demand of chips steadily increase around 8% each year.
If really rise of EV, the demand will shoot up right.

in Year 2018, Silterra recorded with Revenue RM478mil with only 50% production capacity! Imagine with huge demand of chips and mark up price about 20%.....

Rm478mil x 2 ( 100% production rate) x 120% ( 20% chip price rise) = RM 1.15bil Revenue

Yes brother Roy 8, demand of 200nm chips will be more as demand for smart cars increase. AND... EV even NEED MORE compare to petrol/diesel vehicles!

This explain why foxconn and x-fab wanna buy Silterra :D

https://semiengineering.com/200mm-demand-surges/


[200mm Demand Surges]

https://www.scmp.com/tech/big-tech/article/3129383/china-semiconductor-imports-surge-all-time-high-march-amid-global

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3146323

Without including the indonesia submarine cable project

if you guys calculate the EPS with 30% PING and 60% Silterra of profit from June 2021 to Dec 2021 with assumption, you will realized actually DNeX worth RM 1.2 with NOSH of 4bil.

For Plantersman, DNeX prospect for Silterra also mentioned that CGP Beijing will pull more business Silterra, possible to make Silterra work under full output mode.

I am positive with DNeX also.

1. ESOS is an incentive for DNeX employees -> Management rewarded them for good performance and encourage them to do better

2. PP also mandatory to grow company such as acquisition of Silterra and Ping, management have to step forward for better future

I suspect DNEX everyday have announcement until Warrant expired hehe

*Announcements for warrant exercise*

hahahaha

Guys, correct me if I am wrong:

2.2bil (current NOSH) + 0.7bil (Warrant) +0.033bil(PP)+0.11bil (esos) = 3.043bil NOSH

How to reach 4bil? Anymore I missed out?

Hotstuff bro,, can you share the link

Thanks for advice Yupeetan Newbie.

However,, tomorrow when test 1.05,, it will breaks and go for 1.2

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3144373

By referring to above link, page no. 25 talk about prospect for Silterra baby.

1. Introduce new customers and to optimise SilTerra's factory utilisation -> I think CGP will pull lot of customers...

2. introducing new technology partners to SilTerra; and -> I think China will share new technology

3. Immediate RM200 million in form of a Capital Injection by both
DNeX and CGP Fund

FUTURE IS GOOD

Posted by newages00 > Mar 25, 2021 3:16 PM | Report Abuse

Below are news from silterra ceo:
As of now, Silterra is supplying chips for the makers of Google, Apple and Amazon products, among many others.
Despite being criticised back in the day for being unprofitable to the sovereign wealth fund which led to rumours of it being disposed, he said now the company has had an average revenue of RM600mil and profit of RM60mil, for three consecutive years. — Bernama

idk, imagined SilTerra will b runned by DNeX n CPG Beijing! with better business management, more capital for expansion, wider market exposure by CPG in China n current chips shortages, d revenue n profit should b very much higher.
=====================================================================

According to the Edge, DNeX and Beijing CGP planning to make Silterra 1bil cap company in near future, maybe in 1 year.

Posted by huat_ahh > Mar 25, 2021 2:00 PM | Report Abuse

Lately, some people possess very strong love & hate feeling towards DNeX. Why such behaviour??

According to a famous psychologist, people with such behaviour (love&hate) can be explained as below:

LOVE,...because DNeX still has plenty room for uptrend so wanna buy back.

HATE,.... because disposed too early or still queuing to buy back CHEAT tickets after disposed but cannot get... Lol.

The psychologist said "WHEN LOVE and HATE Collide... the best way to deal with it is to listen to a song"


https://m.youtube.com/watch?v=NE_i5W1_7oA

===================================================================
Most quality comment of the day.

DNeX true and the only GEM in bursa right now! Chill!

Posted by Kanenites > Mar 25, 2021 12:43 PM | Report Abuse

rr88 kasi warning ka. good news la mcm tu.
===========================================================

Agreed with you, memang good sign, maybe today will break 1.03 and closed with 1.05.