Posted by MrFox > 2024-04-03 10:02 | Report Abuse

inikali lah!!!!!!!!!!!!!!!!!

Posted by hhhiii123 > 2024-04-03 12:28 | Report Abuse

Something brewing, hope good news announced soon

Posted by Albukhary > 2024-04-03 13:02 | Report Abuse

15 Years Pioneer Status... You can see how serious our Government treat this project, and this will be a very long term project and huge capital investment is committed.
Normally, our government only give 5 years pioneer status, this is the first time (in my knowledge) I have saw 15 years pioneer status.

Posted by MarketPredictor > 2024-04-03 13:13 | Report Abuse

With this status, Enovix will choose to manufacture whatever kind of batteries they have with YBS here.... YBS will be bigger than Genetec 2.0.... Thats my take.... iot, handphones, laptop and even EVs.... sky is the limit.... prepare to hold.... no point buying and selling.... we never know when the sharks will push skyhigh....

Posted by MrFox > 2024-04-03 17:04 | Report Abuse

prepare to hold....
certainly lah when the ahmoi is getting more beautiful!!!!!!!
haha

Posted by hhhiii123 > 2024-04-03 17:58 | Report Abuse

Gogogo, shoot to sky

Posted by Albukhary > 2024-04-03 21:12 | Report Abuse

Current market cap only RM216mil... Still got more room to go.

Posted by MarketPredictor > 2024-04-16 20:30 | Report Abuse

FREMONT, Calif., April 16, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced it has completed Factory Acceptance Testing (“FAT”) for its Gen2 Agility Line and is on track to produce first silicon battery samples from Fab2 in the second quarter of 2024.

“I’m proud to announce the team has completed our rigorous FAT process for all machines that make up our Agility Line,” said Ajay Marathe, Chief Operating Officer at Enovix. “SAT is also well underway. Both FAT and SAT processes ensure that we only place machines into service that meet our specifications for throughput, yield and machine uptime. I’m extremely pleased with the results so far. We’re on track to produce our first EX-1M samples for mobile and IoT customers in Q2.”

Posted by MarketPredictor > 2024-04-16 20:31 | Report Abuse

Enovix patented manufacturing process uses dozens of machines to produce battery cells with a unique architecture that enables the use of a 100% active silicon anode for higher energy density.

“I’m incredibly proud of the hard work from the entire operations team to get us to this major milestone on our Journey to Scale,” said Dr. Raj Talluri, President and CEO of Enovix. “In just 100 days, the team built a worldclass factory, putting us on the path to produce first samples of our silicon batteries from Fab2 this quarter.”

Posted by MarketPredictor > 2024-04-16 20:39 | Report Abuse

YBS.... journey to become the next Inari, Genetec 2.0 begins....

Posted by hhhiii123 > 2024-04-17 12:20 | Report Abuse

The chart look awful, hope it is a squeeze push before LU, hmm

Posted by Albukhary > 2024-04-19 00:01 | Report Abuse

ENOVIX share price has dropped from its peak USD21.00 (Jul'23) to USD6.20 (Apr'24).
As an outsider, this really make me feel worry whether this battery company is going to success or failed.
Anyone here that have more information about ENOVIX or YBS can share here?

Posted by hhhiii123 > 2024-04-19 12:24 | Report Abuse

Just run, sad

Posted by MarketPredictor > 2024-04-20 17:54 | Report Abuse

'Flushing'.... Enovix earnings on 1st May and Questions and Answers with CEO Raj on 6th May....

Posted by MarketPredictor > 2024-04-20 18:13 | Report Abuse

Short sellers are in command... 30+% of total shares shorted.....

Posted by Albukhary > 2024-04-22 13:18 | Report Abuse

Wow.. YBS powerful

Posted by MrFox > 2024-04-26 15:20 | Report Abuse

the REAL is coming!!!!!!!!!!!!!!!!!!!!!!!!!!!
haha

Posted by MarketPredictor > 2024-04-26 17:35 | Report Abuse

👍

Posted by Shadow181 > 2024-05-02 12:15 | Report Abuse

Hi all, I’m invested and have been closely following both Enovix and YBS, and just wanted to share my understanding of the partnership and potential from YBS’ perspective.

Enovix increased forecasts to $150M revenue per line, at 50% gross margin (Q1 2024 ER last night).

This means YBS should see $75M revenue per line.

Based on the QnA portion of the YBS 2023 AGM, they expect 5% margins from this project, so that’s $3.75M or ~RM16M profit per line, and I believe Enovix mentioned they have space in the current site for up to 6 lines, so potentially RM2B revenue and RM100M profit for YBS when fully operational.

I was invested in Enovix before YBS, and always felt that there is a huge demand for their tech. It feels like most Malaysian investors are unaware of their differentiation and maybe just see them as another “boring” battery company. For me, the risks at Enovix were always manufacturability at scale, and economics/margins. Last night’s earnings call largely de-risked these factors, which also benefits YBS, so it’s now just a matter of waiting for the ramp.

Posted by MarketPredictor > 2024-05-02 13:44 | Report Abuse

Totally agreed.... If I am not wrong, YBS can accommodate 8 lines in their existing Science Park..... And looking at our Gov's initiative at attracting foreign investment and pumping up our economy ( they gave Enovix 15 years tax free ) there is a very high chance that they might even want YBS to manufacture all lines for Envix..... Analyst are talking about 20 lines .....

Posted by MarketPredictor > 2024-05-02 13:49 | Report Abuse

Thats probably why MD Yong of YBS mentioned about YBS being another Inari in the near future......

Posted by Moondate > 2024-05-09 09:13 | Report Abuse

ESOS

Posted by MrFox > 2024-05-09 09:18 | Report Abuse

meaning the employees will be rewarded? implying compani doing well?

Posted by MarketPredictor > 2024-05-14 07:29 | Report Abuse

Enovix Begins Customer Sampling of EX-1M Batteries
May 13, 2024
Download PDF
FREMONT, Calif., May 13, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced that it has begun customer sampling of its breakthrough EX-1M battery.

Initial EX-1M samples were built and tested at the company’s facility in Fremont for IoT and smartphone customers. Enovix plans to build a larger number of EX-1M samples from its Agility Line at Fab2 in Malaysia later in the second quarter of 2024.

“We set out on an ambitious plan last year to build a battery that would meet the demanding requirements of leading smartphone customers,” said Dr. Raj Talluri, President and CEO of Enovix. “With EX-1M now sampling, we are ushering in a new era of lithium-ion battery technology by utilizing a 100% active silicon anode to boost energy density and allow customers to keep up with a growing array of energy needs with the onset of AI.”

Given strong customer interest and the readiness of Fab2, Enovix has begun taking decisive actions to consolidate manufacturing of all silicon batteries to Malaysia by July.

Posted by MarketPredictor > 2024-05-14 11:03 | Report Abuse

https://research.rhbtradesmart.com/sites/default/files/attachments/2024-05/my_top_20_malaysia_small_cap_jewels_scb2024_rhb.pdf

Posted by choop818 > 2024-05-15 19:49 | Report Abuse

It shows the Penang factory is now ready for mass production. The US has just increased three times, the tariff on Lithium-Ion batteries for EVs from China in 2025. We can expect spectacular results from Enovix and YBS. As MD Yong predicted, another Inari in the making.

Posted by MarketPredictor > 2024-05-15 23:55 | Report Abuse

👍👍👍

Posted by Albukhary > 2024-05-16 00:00 | Report Abuse

https://klse.i3investor.com/web/blog/detail/rhbinvest/2024-05-15-story-h-161668780-YBS_International_Proxy_To_Enovix_rsquo_s_Growth_And_More

Once again, YBS is potential to become the next Genetec.
Lets wait n see.

Posted by tradek > 2024-05-16 10:11 | Report Abuse

This is the future of AI usage on phone in the future... Phones in future will need whatever extra processing and battery juice as possible to bring this a reality.

https://www.youtube.com/watch?v=DQacCB9tDaw

Posted by makemoney1 > 2024-05-16 13:09 | Report Abuse

Chatgpt give a thumbs up...

Market analysts suggest that with the implementation of these strategic projects, YBS International could experience significant growth in its market capitalization, potentially increasing fivefold within the next few years if the projects succeed and attract large-scale orders​ (Bursa Malaysia (KLSE) Market Summary)​. Additionally, YBS International's stock has shown a strong performance over the past year, with a 43.48% increase in its price, indicating positive investor sentiment​ (FT Markets)​.

Posted by PureInvest > 2024-05-23 20:03 | Report Abuse

Latest Qtr Report today:

Comment on material change in profit before tax
Current Preceding
quarter quarter
RM'000 RM'000 RM'000 %
Revenue 27,865 24,199 3,666 15.1%
Loss before tax 5,496 1,195 4,301 359.9%
B3. Future prospects
B4. Statement by the Board of Directors on revenue or profit estimate, forecast, projection or internal targets
B5.
Not applicable.
B6. Income tax expense
Current
quarter Year to date
RM'000 RM'000
Income tax 83 454
Deferred tax (532) (498)
(449) (44)
B7. Status of corporate proposals
Reversal of tax expense incurred for the current quarter and year to date was mainly due to loss position of the Group.
Variance
Premised on the above, the Group remains cautious on the overall outlook and anticipates potential challenges in next
financial year. The Group remains steadfast in its commitment to improving cost efficiency and progress towards a stronger
position in the market.
The Group did not announce any revenue or profit estimate, forecast, projection or internal targets for the financial year ended
31 March 2024.
Variance of actual profit from profit forecast or shortfall in the profit guarantee (only applicable to the final quarter for
corporations which have previously announced or disclosed a profit forecast or profit guarantee in a public
The Group generated gross profit for the current quarter ended 31 March 2024 amounted to RM0.858 million as compared to
preceding year corresponding quarter of RM3.115 million. For current financial year ended 31 March 2024, the Group reported
gross profit was RM9.754 million as compared to preceding year corresponding period of RM15.133 million. The decrease in
gross profit for the current quarter and current financial year was mainly due to the impact of lower margin products, share
options expenses amounting to RM3.018 million and softening market demand in precision engineering and plastic injection
segment.
In particular, any significant movement in the exchange rate between Ringgit Malaysia and United States Dollar may result in
foreign exchange gains or losses, which may also affect the Group’s performance.
The Group is of the view that the business environment will remains volatile and challenging.
The Group recorded a revenue of RM27.865 million as compared to preceding quarter of RM24.199 million. The increase of
RM3.666 million in revenue was mainly due to higher demand from existing customers. The Group recorded a loss before tax
of RM5.496 million for the current quarter as compared to RM1.195 million in preceding quarter, an increase in loss before tax
of RM4.301 million mainly due to share options expenses amounting RM4.892 million incurred in current quarter.

Posted by PureInvest > 2024-05-23 20:10 | Report Abuse

Also, provision for depreciation of RM5.774M + RM1.088M = RM6.862M.

Moving forward, the biggest corporate new is Enovix & YBS collaboration in the new factory producing EX-1M battery & others, coming in the 2nd half of 2024 will bring in the expected turnover and financial performance.

Posted by PureInvest > 2024-05-23 20:14 | Report Abuse

Please search in google all the news "Enovix News" for all the updates of this collaboration which will turn YBS's corporate direction in the EX-1M battery business which is in great demand worldwide.

Posted by PureInvest > 2024-05-23 20:15 | Report Abuse

Enovix Reaches Development Agreement with a Leading Smartphone OEM
May 01, 2024
Download PDF

FREMONT, Calif., May 01, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced it has reached a development agreement with one of the top five smartphone OEMs in the world by unit volume.

“We are thrilled to announce we have advanced our engagement further with one of our top customers by reaching a formal development agreement, underscoring the value and competitive advantage our silicon batteries can provide to the next generation of smartphones, beginning with EX-1M,” said Dr. Raj Talluri, President and CEO, Enovix. “Smartphone battery requirements are incredibly rigorous and set the standard for consumer electronics more broadly. Our goal is to provide our customers with a leading-edge battery that will enable demanding AI applications without compromising battery life.”

Enovix has begun manufacturing its EX-1M battery cells based on smartphone customer specifications and is on track to deliver first samples in the second quarter of 2024. High volume production will take place at the company’s Fab2 facility in Penang, Malaysia.

Posted by PureInvest > 2024-05-23 20:55 | Report Abuse

REMONT, Calif., March 27, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced it has been granted 15-year Pioneer Status from the Malaysian Investment Development Authority (MIDA) for manufacturing its batteries in Malaysia. Enovix’s high-volume manufacturing facility, Fab2, is located in the Penang Science Park in Penang, Malaysia. Enovix previously announced the establishment of Enovix Malaysia Sdn. Bhd. (“Enovix Malaysia”) in March 2023.

Enovix’s Pioneer Status application was approved by the Government of Malaysia for the manufacture of lithium-ion batteries within the country for 15 years. The primary benefit of receiving Pioneer Status is an exemption from the payment of income tax, subject to meeting certain conditions such as incurring minimum capital and operational expenses, employing local workers, implementing a local vendor development program, providing training programs for students, and collaborating with higher education institutions.

“Being awarded Pioneer Status is a monumental milestone for Enovix as we become further established in Malaysia and begin to ramp up manufacturing in our Fab2 facility,” said Ajay Marathe, Chief Operating Officer of Enovix Corporation. “This status will improve our net profitability in the long-term as we scale the business and we are thrilled that MIDA has granted us Pioneer Status to support our efforts. We hope our presence will benefit Malaysia, particularly as we continue to grow and offer employment opportunities across R&D and manufacturing.”

In July 2023, Enovix and YBS International Berhad (“YBS”) (MESDAQ: YBS:KLS), a Malaysia-based investment holding company signed a Master Service Agreement to support Enovix’s Fab2 site. Since then, Enovix has made significant progress, establishing Fab2, hiring nearly 100 team members and building out approximately 250,000 square feet of factory space in 100 days including sections that meet the Class 10,000 Cleanroom standard. Enovix is on track to complete SAT and produce the first samples of its silicon batteries off its Agility Line in Q2 2024.

“I am delighted to collaborate with MIDA once again,” added Marathe. “We have worked together over the last three decades while I led the successful growth of several large factories for companies such as AMD and Lumileds in Malaysia. It is the ideal location for Enovix given its skilled workforce, business friendly environment, strategic location and thriving technology sector. With MIDA’s support, I am confident we will scale a sustainable high-volume manufacturing business.”

For more information on Enovix and its battery technology, please visit enovix.com.

Posted by hhhiii123 > 2024-05-23 22:04 | Report Abuse

qr so terrible, speechless

Posted by hhhiii123 > 2024-05-23 22:16 | Report Abuse

basically evonix revenue will only kick in next qr, hope tomorrow wont gap down...

Posted by Moondate > 2024-05-23 23:37 | Report Abuse

Tomolo LD lol

Posted by MarketPredictor > 2024-05-24 00:05 | Report Abuse

The Group recorded a loss before tax
of RM5.496 million for the current quarter as compared to RM1.195 million in preceding quarter, an increase in loss before tax
of RM4.301 million mainly due to share options expenses amounting RM4.892 million incurred in current quarter.

Posted by MarketPredictor > 2024-05-24 00:06 | Report Abuse

Loss mainly due to share options expenses 👆

Posted by Moondate > 2024-05-24 08:31 | Report Abuse

today .70~75 TWYOR

Posted by MarketPredictor > 2024-05-24 09:51 | Report Abuse

Pls dun frighten people.... we know what we bought in... we know the strengh of YBS and Enovix....

Posted by Moondate > 2024-05-30 08:22 | Report Abuse

will it go back to the ESOS price...let's wait until July...

Posted by mf > 2024-05-30 08:29 | Report Abuse

Dow Jones

Dow Jones Industrial Average

38,441.54

-411.32

1.05%

Nasdaq

NASDAQ Composite

16,920.58

-99.30

0.58%

Posted by choop818 > 2024-06-12 11:17 | Report Abuse

@hockben, up or down?

Posted by Jenova > 2024-06-18 20:09 | Report Abuse

Anyone have the latest factory test or QC results?

Posted by Moondate > 2024-06-19 08:26 | Report Abuse

Wait for July brohhh

Posted by Bestata Oh > 2024-06-19 15:53 | Report Abuse

https://www.youtube.com/watch?v=K1H_iKn9Vu4

Posted by Moondate > 2024-06-24 11:54 | Report Abuse

https://www.thestar.com.my/business/business-news/2024/06/24/enovix-deal-set-to-drive-ybs-international

Posted by CYCHANG155 > 2024-06-25 10:24 | Report Abuse

even good news can't push up the price🙄