Hi friends, if you support the fast action taken by the DNEX to the ex-management of Silterra. Why not write or email to the DNEX management and express your support to them.
What is the punishment for corruption in Malaysia? The maximum penalty for this offence is a fine of up to RM1 million or at least 10 times the value of the bribe (whichever is higher), or up to 20 years imprisonment, or both.
I think they were doing audit to check why Silterra keep losing money in last few months, that is how they reveal the nastry secret, and they have to make the report to Police/ MACC. Or likely someone insider knows the whole story and finally blow the whitsle. We can be assure all the losses will be returned back and the book is positive next QR even without any additiona business.. haha.. nice one.
And that's why Dnex did the right move to reward their current Management Team/Board with reasonably priced ESOS in huge quantities (yet some people complained). You work hard, you get rewarded!
You'd think for a second Khazanah is not aware of the losses, manipulations and dirty tricks? And what do you proposed they should have done? Sack the employees and handle the Plant with people from Khazanah? How long would such actions last?
That's the reason Khazanah mentioned in their Press Conf that Silterra would be best sold to curb "mis-management"
Apart from these financial corruptions, there are thousands of other constructive changes at Plant managements, Timing, schedule of production and deliveries, Raw materials sourcing, Cost innovations and millions of oversights which need to be cleaned.
Maintenance and repairs of equipment, programming, re-tooling...etc,etc.
A Professor once said to a bunch of college to-be-dropouts, "Would you treat your family car the same way you're now on this Public bus? Spraying graffiti and cutting up the seats?"
Silterra will be turned around to become a world class and renowned foundry by this team. Tan Sri Dato Syed Zainal and his collaborations with Chinese partner, coupled with generous tech transfer and knowledge from Fox, only has itself to blame if still cannot make things happen.
Silterra had been literally handed over by Khazanah to Dnex on a damn shiny silver platter. All debts to Khazanah written off! and Sold below market price. A National Treasure unto your laps, it seems. And you cannot appreciate that??????????
As a Malaysian, our News are earlier and faster than the rest of the world (foreigners also investing) and you still cannot ascertain the potential and value from the current market price, then it's better to forget you ever knew KLSE. And you can take that to the Banks.
Silterra Management Team : - 1. Dato’ Seri Wong Siew Hai -(29 years of IT experience, EX Vice President and Managing Director of Dell) 2. Bob Wei-Ming Chen - From Foxconn/Hon Hai Technology (Head of semiconductor in Hon Hai Technology) 3. Cadol Cheung - From China (CGP Fund) , 28 years in core technology investment. 4. Sai Chak Mak - From China (CGP Fund) Dnex Enegry (Ping Oil) 1. Dato’ Robert Fisher (45 years of experience in the oil and gas industry) Can check their background, all have good track records and able to delivery, what to worry on Investing Dnex? In fact this kind of super start team definelty can delivery well and bring Dnex to next level, time will prove. And thanks to those panic sell this morning...Sell 0.7
My speculation is the QR will be out Monday. They wanted this news to come and go first. There was a lot of clandestine coordination with MACC. These guys mean business.
.....in conclusion.... the skies are clear now..... and hope the new management do not follow the same old foot steps and make a total change, if possible a name change too.......I strongly believe Syed and the whole team can deliver !
DJ consecutively sliding (under control) past 5 days, dropping between 100-300 points. Healthy correction. Any day will recover.
Local front, Parliament opens with peaceful, harmonious co-operations (frustrations withheld, punches muzzled, fingers kept off nuclear missle controls) for the sake of Rakyat and Covid battles.
Nirvana in Dnex counter...ahhhh....perfect sky, back breeze and immaculate fairways to Tee off.
Well, in the name of fair play and democracy, we'd love to hear this new born's contributions with facts and figures to his causes. Unless, he's just a mindless, spinless slogans monger, we let him have his space.
Please don't pass any obscure or unintelligible hyenas laughter to obfuscate their etymological source.
Please proceed and don't wander off after a blank shot, with tail between your legs.
Space/Time : Captain's Log, USS Starship Enterprise, Kuala Lumpur, Malaysia, South East Asia, Earth, 3rd Planet from the Sun, Milky Way Solar System, date : Sunday 12th September, 2021......
Not 9th September, somewhere in another universe.
Someone just woke up from cryogenic sleep and missed all the actions last Friday...
In the past 150 days each weekend or holiday was so boring and torturing cos u cant go anywhere. Now that the ban is lifted . yday I went to Petaling Street and now just returned from a once quite popular shopping mall. And the feeling, sadness and pity for fellow Malaysians. The Mall, with the permanent closure supermarket and cinema, hardly attract any people. Even all the mooncake festival stalls are no more. And it is located next to MRT.
As for myself, luckily indeed I still have Dnex to look forward . That will be continuous hope and excitement from tomorrow onwards. Cheers !
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
Moneygame33
1,101 posts
Posted by Moneygame33 > 2021-09-10 16:13 | Report Abuse
啦啦啦啦 那些 吃不到葡萄的可怜咯。。。