Pull back, opportunity to top-up/enter. Until when the pull back, no one knows. Strategy is important.
Read IR $ENVX for Q2 earning call, they are serious in expanding the business and have strong plan with YBS.
Patient is the enemy of investor.
We look how $ENVX will ended tonight. So far looks like bull ride after strong pullback yesterday (sentiment). Majority of analyst revise higher TP for $ENVX. Why? You know the answer.
Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Ministry of MITI: “I applaud YBS and Enovix for finalizing their agreement and establishing its manufacturing facility in Penang Science Park. This collaboration will create long-term opportunities for growth and employment in the clean technology sector.”
Yab Chow Kon Yeow, Chief Minister of Penang: “Penang has been a significant beneficiary of globalisation, playing a major role in global supply chains, not least in the E&E (electronics and electrical) sector. Key to our longstanding success and resilience has been the development, over the past five decades of a comprehensive local ecosystem comprising of multinationals (MNCs), large local corporations (LLCs) and small-medium enterprises (SMEs). The MNCs have played a significant role in developing our capabilities through providing opportunities to SMEs, who then have gone on to become LLCs, and in turn provide more, newer SMEs with similar opportunities. Indeed, I believe the collaboration between YBS International and Enovix Corp will follow a similar path.”
I hope they will clear the air abt the fund issue. I believe they already sort it out, if not how they are very confident to take the risk. Will it go higher price ... Hopefullu
Malaysia stock market have been behind its peer for many years. It is time to catch up. Day trader with low holding power have been dominated the market for many years, it now for value investor . long term investor to control the market. We donwan earn few cents and take profit, we are targeting 10 bagger. Select few stock with great potential and growth for next 5 years , then keep invest on them, every month very week invest, never think about sell before it reach 200-300% of your original investment
Hopefully tomorrow no more sell on news. Today market capital is RM178mil. I hope by next year same day, it will become at least RM712mil (300% increase)
Genetec broke its multi year high in Feb 2021, > 0.28... the whole journey of rising prices took 9 months to reach 3.84... > 10X... If YBS is the same, lets say 6 months for factory to be up, then 9 months to reach the peak, total about 15 months from now to reach 10X maybe possible?
very good analysis here... I came to know YBS a bit late... after making some money in Enovix options in US market, do I know they are going to have partnership with YBS... thank goodness, not too late in the game...
Albukhary This company market only RM180mil, and now it is signing a contract with a USD3bil company to collaborate on a production facility which involved USD 100mil cost of investment. I mean this is a very big project and it could help this company to turnaround to become one of the top manufacturer in Penang, why retailer are jumping ship now? Please imagine yourself, if you are going to invest USD100mil on a factory (equivalent to RM450mil), which is more than double of its existing market cap, what kind of annual sales your are expecting? Let said very prudence, this factory should at least produce minimum RM200mil sales per year (current existing revenue is around RM100mil), so you can expect this company will become a company with RM300mil revenue per annum, and assume 10% profit, it will have PAT of RM30mil per year. Why you jump ship now?
YBS doing Fab2 Line 1 ..... able to produce 9 mil batteries ( according to size ) per year ...... lets say 1 battery profit US2 ..... Profit per year from here will be US18million..... RM81million per year .....
YBS doing Fab2 Line 1 ..... able to produce 9 mil batteries ( according to size ) per year ...... lets say 1 battery profit US2 ..... Profit per year from here will be US18million..... RM81million per year .....
Really wondering who will be the financial provider for YBS?
Someone mentioned OCBC bank in thread above. Some source said is Government linked institution (i.e. KWSP, KWAP, LTAT) Some even said is International Institution (i.e. Termasek, Softbank, Goldman Sach, JP Morgan)
Regardless who, the funder must be well known abt the risk n believe about the plan. They already take the necessary analysis b4 investing If big name in > well it will b a good news
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....
Eric Lim
508 posts
Posted by Eric Lim > 2023-07-27 23:13 | Report Abuse
see you at 0.50