Posted by MarketPredictor > 2 months ago | Report Abuse

Enovix Signs Agreement to Deliver High-Performance Batteries for Mixed Reality Headset

Jun 25, 2024

Posted by MarketPredictor > 2 months ago | Report Abuse

In June, Enovix began production of EX-1M battery samples from Fab2 in Malaysia.

Posted by MarketPredictor > 2 months ago | Report Abuse

YBS finally???

Posted by soros90 > 1 month ago | Report Abuse

Looks like the uncertainty finally resolved. The arrangement with Enovix is attractive but concerns is whether Enovix can sell its products, and hence concern over YBS can ramp-up the utilisation as the contract manufacturer. Enovix finally managed to win the buy in of the major mixed reality headset customer (AR/VR) in yesterday announcement. Should be either Meta, Google, Microsoft or Apple. Time to rocket

Posted by soros90 > 1 month ago | Report Abuse

Brokers speculating the customer to be Meta

Posted by soros90 > 1 month ago | Report Abuse

Looks like CYCHANG155 is right. wonder if mgmt and insiders are the one selling down. looks dodgy now the stock

Posted by MarketPredictor > 1 month ago | Report Abuse

Hahaha..... welcome to Malaysia, where anything can happen.... Enovix shot up 35% and YBS only move up 1.3%.....

Posted by Albukhary > 1 month ago | Report Abuse

Be patient everyone.
Let the bullet fly for a while first.
Just hold your ticket tight, Year 2025 will be the game changer year for YBS.
Marked down today market cap of RM205mil.
In 2025, you will see the market cap double or triple (minimum RM500mil).

Posted by Albukhary > 1 month ago | Report Abuse

YBS’ new plant, with a 340,000-sq-ft production floor, sits on a 10-acre site in the Penang Science Park in Seberang Prai.

Can you imaginze how big is it, and how much revenue to be generate if this plant really fully occupy?

This factory is to produce high end battery products, it is very small products, not big item like steel bar or furniture.
1 small carton box may only can easily fill up 100 battery and it could worth few thousand. One 40ft container shipment could easy worth few million US dollar.
Unlike other low end manufacturer, 1 40ft container may only worth RM100-200k worth of goods.

With such a big plant (340,000 sqft), I think within 2-3 years YBS will achieve annual revenue of Rm1bil, or minium RM250mil per quarter.

Posted by MarketPredictor > 1 month ago | Report Abuse

From their recent report, they can fit 8 lines into their science park facility.... 1st line to produce 9 to 10 million batteries per yr.... There rest of the lines Enovix is looking at 10 to 12 million per yr..... 8 lines will produce averagely 80 million batteries per yr.... Enovix is selling their batteries US12 to US15 with gross profit of 50%..... so YBS sholud be selling to Enovix abt US7 per battery.....
Yearly revenue will be around 7x80 million= US560million
Equivalent to 560x4.7= MYR2.632 Billion
Thats why YBS MD equates YBS to Inari or Vitrox

Posted by Moondate > 1 month ago | Report Abuse

waiting for july...

Posted by Albukhary > 1 month ago | Report Abuse

FREMONT, Calif., July 03, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced it will hold a grand opening of Fab2, its high-volume production facility in Penang, Malaysia, on August 8, 2024.

The grand opening will provide key supporters such as customers, investors, business partners, and local officials the opportunity to tour the facility and hear from Enovix executives.


“We are excited to welcome distinguished guests to our high-volume factory from which we will produce category-leading silicon batteries based on our own advanced manufacturing process,” said Ajay Marathe, COO of Enovix. “Our Malaysia team of now nearly 300 people between Enovix associates and the staff of our manufacturing partner have done an incredible job bringing up both the facility and the production equipment to meet World-class standards for customers.”

Located at the Penang Science Park, Fab2 has been built to house up to four high-volume production lines capable of producing tens of millions of high-performance batteries for consumer electronics devices such as smartphones, IoT devices, and laptops.

Enovix has begun producing initial samples for customers from its Agility Line in Fab2 and in parallel is finalizing Site Acceptance Testing of the line. Enovix is also far along in bringing up its first high-volume production line in time to support customer needs as they progress through the qualification process this year. Factory Acceptance Testing of the high-volume line was recently completed.

For those not in attendance at the grand opening, Enovix plans to release a video tour of the facility shortly after the event.

Posted by MarketPredictor > 1 month ago | Report Abuse

FAB 2 grand opening 8/8
On going sending out samples to customers
Agility line on going SAT
HVM line achieved FAT

Posted by Albukhary > 1 month ago | Report Abuse

Will YBS hit RM1.00 or RM1.20 before the ENOVIX Grand Opening?

Posted by tradek > 1 month ago | Report Abuse

may i know what is fat and sat here referring to?

Posted by Moondate > 1 month ago | Report Abuse

YBS to the moon....

Posted by tradek > 1 month ago | Report Abuse

yes :)

Posted by Moondate > 1 month ago | Report Abuse

0.9 sen before the grand opening...keep my word.

Posted by tradek > 1 month ago | Report Abuse

Next genetec in the making..

Posted by Diamond7 > 1 month ago | Report Abuse

Rocket up dy!!!

Posted by Diamond7 > 1 month ago | Report Abuse

Hit RM1.20 soon!

Posted by Moondate > 1 month ago | Report Abuse

walaweiiiii 1.20 ar...Huat arrr

Posted by Diamond7 > 1 month ago | Report Abuse

https://enovix.medium.com/how-ai-is-killing-your-phone-battery-283280870cc8

Posted by MrFox > 1 month ago |

Post removed.Why?

Posted by tradek > 1 month ago | Report Abuse

Walau.. LU

Posted by MrFox > 1 month ago |

Post removed.Why?

Posted by Moondate > 1 month ago | Report Abuse

kasi LU 1kali

Posted by Albukhary > 1 month ago | Report Abuse

Seem like my target price will hit soon:-

TP1 : RM1.00
TP2: RM1.50
TP3: RM2.30 (by 2025)

Posted by confidential > 1 month ago | Report Abuse

Limit up is 1.08? Good luck to all...

Posted by MrFox > 1 month ago |

Post removed.Why?

Posted by imbravo > 1 month ago | Report Abuse

i take profit first...

Posted by MrFox > 1 month ago |

Post removed.Why?

Posted by Moondate > 1 month ago | Report Abuse

rr sudah masuk ...evening session take profit time....

Posted by MarketPredictor > 1 month ago | Report Abuse

From the MD's mouth, its another Vitrox or Inari..... becos base on calculations, YBS can have 8 lines which can produce 80 million batteries.... That's around a revenue of RM2+ billion

Posted by MarketPredictor > 1 month ago | Report Abuse

Customers are lining up..... Already secured META/APPLE and just recently signed with Ellentec Korea which supplies to Samsung, Apple, etc.......

Posted by MarketPredictor > 1 month ago | Report Abuse

Up to us to keep or to sell.......

Posted by MarketPredictor > 1 month ago | Report Abuse

With 263 million shares, price might shoot up like Genetec last time..... Genetec highest price when it broke their goodnews was RM51......

Posted by rr88 > 1 month ago | Report Abuse

Sold 0.945. Thank u very much.
If drop buy back
If up also buy back

Posted by rr88 > 1 month ago | Report Abuse

Abort. Operator selling dy.

Posted by Moondate > 1 month ago | Report Abuse

long holiday so profit taking first...

Posted by choop818 > 1 month ago | Report Abuse

Interesting days ahead. 😀

Posted by MrFox > 1 month ago | Report Abuse

Moondate

long holiday so profit taking first...

1 day ago

kongrats!!
but me more interested in the notes rather than the coins!
so me a long term here!

Posted by Diamond7 > 1 month ago | Report Abuse

Investment Case..
...... YBS
Huge upside potential, sensible valuation. We believe the successful commercialisation of Enovix’s product will contribute to a huge spike in production volume – which should fuel YBS’ exponential earnings growth in the years to come. Best of all, the risk is very minimal for YBS (being the contract manufacturer) – given the volume undertaking by Enovix regardless of whether the commercialisation of the product is successful or not. Based on a target P/E range of 20-22x on FY25-26F earnings, we derive a FV range of MYR0.98-1.40. We believe our valuation is fair, as it is still at a discount to KLTEC’s 5-year mean P/E of 25x.

Posted by Diamond7 > 1 month ago | Report Abuse

Highlights
Massive growth potential. YBS entered into a master service agreement with Enovix Corp (Enovix) to manufacture state-of the-art silicon-anode, lithium-ion batteries in its plant in Penang. This technology breakthrough by Enovix is patented and enables higher energy density and capacity without compromising on safety. The pressing needs of an increasing battery size to cater for applications and artificial intelligence (AI) opens up massive opportunities for this new technology, especially when the device size is maxed out. Based on company disclosure, there is a total addressable market of USD12bn (1.2bn units) in the smartphone segment alone, and another USD12bn in IoT and computing segments. It can be widely used in wearables and IoT, smartphones, laptops and tablets, and in the industrial, medical, and EV industries. In addition, the cell architecture has thermal advantages to enable fast charging, improving the lifecycle that is suitable for EVs in the product roadmap rollout.

Posted by Diamond7 > 1 month ago | Report Abuse

Enovix up up 🚀
YBS up up 🚀

Posted by Moondate > 1 month ago | Report Abuse

today up again....

Posted by confidential > 1 month ago | Report Abuse

Profit taking already... Friday only come back here...

Posted by JalanTembok > 1 month ago | Report Abuse

The future prospects of Ybs as long term contract manufacturer for Enovix is bright.

Posted by Bestata Oh > 1 month ago | Report Abuse

Enovix Fab2 Sneak Peek
https://www.youtube.com/watch?v=a6EZjcYnR18

Posted by MrFox > 1 month ago | Report Abuse

Wan Dollah coming!