We believe the proceeds from these notes, together with the previously announced $70 million non-dilutive financing we are seeking to fund our planned next-generation manufacturing line in Malaysia, will enable us to build four production lines .With these lines, we expect to be able to manufacture between 38 million to 75 million batteries a year, depending on the size of the battery, to meet the strong customer demand.
YBS's factory will consist of 4 line of GEN2 ,high speed production line , to manufacture 38 - 75 million of batteries per year . omg looks at the figure , limit up coming in town soon . Many dont do math , don't read and only love to chase when price is up . I believe we will only read the news when the share price hit RM 2 , look at the market cap of YBS , deeply undervalue
@Vivienne, so why are you here then trying so hard to spew negativity? Yes, price is lower but qty done is low too. IB moving from right hand to left hand to sway retailers like you.
@ Vivienne Yap, although you have been a member in this forum since 2017, only 6 comments made in total and all 6 negatively towards YBS. This, it is clear what your purpose is. Thank you.
Then why the negativity? People who are here are investors who believe that YBS is expanding in the right direction. I am not saying that YBS will suddenly be a jackpot counter but if they implement their plans with Enovix, eventually this will grow their topline, bottomline and hence their share price. You are welcome to your negative comments if it is based on solid commentary, not hot air speculating the downward spiral of the share price.
Read back your own mind/comments. I don’t want to waste time to those non sense argument. I will prefer to discuss on relevant stock directly either positive or negative comment over here.
Just my opinion: The real play is to slowly collect our tickets at fire sale prices. This same play occurred in a similar EV battery counter a year half back. Hold and if you have spare cash, this is like a bonanza to be able to buy so cheap. Don’t play contra as we do not know when the market mover will make their play.
Also, for all their effort to suppress price, volume done only just over 3 million. Highly likely most is right hand to left hand. Those mid to long term investors have already bought and holding tight. Free float is very small so when time for market mover to play, vroom…
Wah…suddenly naysayers find price attractive achieved through negative comments. Anyway, if you are now truly invested, wonderful and lets hope that YBS will soon be on a price upward trajectory.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 2944 views | 2 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
JUSTICE88
40 posts
Posted by JUSTICE88 > 2023-04-18 21:43 | Report Abuse
We believe the proceeds from these notes, together with the previously announced $70 million non-dilutive financing we are seeking to fund our planned next-generation manufacturing line in Malaysia, will enable us to build four production lines .With these lines, we expect to be able to manufacture between 38 million to 75 million batteries a year, depending on the size of the battery, to meet the strong customer demand.
YBS's factory will consist of 4 line of GEN2 ,high speed production line , to manufacture 38 - 75 million of batteries per year . omg looks at the figure , limit up coming in town soon .
Many dont do math , don't read and only love to chase when price is up . I believe we will only read the news when the share price hit RM 2 , look at the market cap of YBS , deeply undervalue