Sorry I really don't have that at the moment except it will be somewhere in two to three years.
As I have said many many times - we cannot use the normal FA tools or any projection at the moment.
It will be like pissing into the wind.
i don't trade and since my goal is quite a long way off i am not glued to the system.
I just set some alerts at certain points - right low is 0.72 high is 0.84 agak agak as i don't know how to read chart. And leave it to Tan Sri and his crew.
If it hit the upper limit then i adjust again. then again .. hmmms sounds like Steely Dan's Aja ...
I just do some technical due d on silterra and DNeX's other LOB. I am not even sure how deep are their oil fields. simple ones like people, process and technology and maybe Shang Chi's five forces ..
Should try listening to Doris Day's Que Sera Sera ..
Wah made my day , back to my cupboard....not so fast my friend lets finish this song 1st.Que sera sera whatever will be will be,the future's not ours to see Que sera sera.Ok thats it good night.
Dnex has been working around the clock upping the sizes in PING and transforming, taking on the herculean task of cleaning stables at Silterra. The anti-corruption roundup was a muscular show of strength to eradicate a whole range of outrageous Machiavellian manoeuvres.
Dnex was not obfuscate in the arrests but reported openly and exposed publicly. Management is firm and determined not to be obtuse.
The move is applauded and viewed positively by investors and more so by Institutions, whereby the mental corruption suspicions has been vindicated and removed. They may soon find this a refreshing change and moving towards the future by embracing World Class Gold Standards in managing a profitable company.
At this price, what's there more to reveal or convince...
Oil price has breached US$75, and as earlier mentioned, we are quite contended with the range at USD68 - USD73. PING's production cost remains at below USD19 and all spiking in prices are bonus treat. Coming now at the most appropriate time when Dnex has taken 90% shareholding and we as Investors are taken to a Party! Enjoy the ride up.
Not to water down the coming QR but can anyone imagine the next QR, and the next.... and the next....
To those whom had earlier shouting down prices to 30c, 40c, 50c...we urge you to hug your pillows tightly and dream on....
Importance of silicone carbide in EV “...Secondly, let’s look at these compound semiconductors , especially silicon carbide. Currently, one electric vehicle now uses about 60 silicon carbide components, and a six-inch silicon carbide wafer can be used to create less than 500 pieces. This means that a six-inch wafer can be translated into around 8 vehicles, so the demands are far greater than supply....”
Hon Hai Chairman explained why they bought macronix fab in august 2021 “...Here are three main problems in the EV industry. The first is that the charging time of electric vehicles is too long, the second is inadequate mileage, and finally electric vehicles are more expensive than petrol cars. We have been striving to resolve these three major issues. If wee look at the entire EV cost structure, batteries contribute to 30 to 40% of the cost, and the other 30% is related to semiconductors. Nearly 30% to 40% of the semiconductors are closely related to power devices. Therefore, we have been exploring the semiconductor technologies needed to solve the three major EV problems.
After research, we learned that Silicon Carbide will be a very important solution to these problems. That is why we bought Macronix’s wafer fab in August this year. In fact, we bought this six-inch fab for Silicon Carbide. Although this six-inch fab does not make silicon carbide. Still we can convert it to do Silicon Carbide through our new investment...”
Role of Silterra in Hon Hai Global 3+3 Strategy “... This fab(macronix) is mainly for R&D and small volume production. Obviously its capacity is only 15,000 pieces per month, which is apparently not enough. In the future, mass production will be done in other ways. Therefore, in terms of semiconductors, we bought Macronix’s six-inch fab in August 2021, and we have an eight-inch fab in Fukuyama, and an eight-inch fab in SIlTerra, Malaysia. This means that we have a 6-inch fab and two 8-inch fabs, which will all target power, RF, and CIS applications. Though these capacity preparations help our EV customers will no longer have capacity issues...”
Excerpts extracted from the subtitles in Hon Hai’s official YouTube channel interview with Hon Hai’s Chairman (full interview link:https://www.youtube.com/watch?v=hyFYZ3j3rTk )
However, we are uncertain if the EV is more expensive than conventional fuel engine vehicles. Many distributors in China are dishing out at relatively low prices.
Moreover, they are putting up recharging post all across many streets and developed areas in China. Also reported that in some cities, recharging posts/stations are free and aplenty, covering 80% of municipality zones.
It may be true that the current batteries may not be as long lasting as desired and also more costly due to specific raw materials.
Most important highlight is the said purchase of Macronix's 6 inche fab in Aug 2021, an 8 inch fab in Fukuyama and ....surprise!....8 inch fab in Silterra, Malaysia? Last we checked, Silterra is owned by Dnex and CGP on 60/40% respectively.
Somehow, did we missed this crucial purchase by Fox? (Incidentally 3.7% in Dnex doesn't mean owning Silterra) Must have had blinked at that precise moment in time.
In addition, we have yet to read or hear any Press release, announcement of Fox being OFFICIALLY and in black and white on the supply chain of wafers from Siletrra. Kindly, officiate the S&P of products and securely tied in an AGREEMENT, so that the whole world can appreciate the marriage and the worth of Silterra in Dnex.
Market price of Dnex is slacking, perhaps such a boost and tie up may trigger the eventual fireworks, a lot of catching up....and we hope it sooner rather than later as TIME is of essence.
Good point. For hon hai to speak of silterra like they have direct ownership - some piece of information is missing from public knowledge. Unless it was just an informal way of explaining things, where people don’t have the chance to provide context as they address their audience. But one thing is clear, these people have firm plans for silterra chips. This is not about them playing with dnex share prices for daily profits as some commenters here seem to believe (or want you to believe).
“Therefore, in terms of semiconductors, we bought Macronix’s six-inch fab in August 2021, and we have an eight-inch fab in Fukuyama, and an eight-inch fab in SIlTerra, Malaysia.”
These are his words. All people are saying is they can be interpreted differently by a casual audience. Don’t get that twisted.
….在马来西亚透过策略合作有一个可运用的八寸厂… ( and an 8-inch fab in Silterra Malaysia ) There is a slight difference of the Chinese and English subtitles in YouTube, and how the chairman said it himself.
When you put it to print and with those words, a thousand video would not mean the same.
Have I misconstrued the report? Blimey!
So, not in a twist, is it same and safe to say : "I've bought a bungalow, also have a double story terrace (owned by your mother where we spent most night with delight) and an apartment (belongs to your wife, where we bedded occasionally)..."
In the same context, does this mean, I owned these 3 properties instead of specifically mentioning that the apartment and terrace are not my properties but slept in under BARE and FULL co-operations within strategic alliances purview?
My apologies for the confessions, mixed up and perhaps it's public knowledge by now.
Liu Yangwei said that Wanghong Bamboo Branch 6-inch plant can be converted through new investment to produce silicon carbide, but the monthly production capacity of only 15,000 pieces is obviously not enough, so positioning for research and development and small mass production, the future large-scale production will be done in other ways. At present, the Group has an 8 inch plant in Fukuyama, Japan, through strategic cooperation is also available in The SilTerra 8 inch plant in Malaysia.
Liu Yangwei pointed out that the above 1 6 inch plant, 2 8 inch plant will aim at power supply, radio frequency (RF) and CMOS image sensor (CIS) applications. It is hoped that by preparing capacity, Hon Hai's electric vehicle customers will no longer have capacity problems. Discussions have been held with a number of world-class semiconductor companies and a partnership in the semiconductor sector will be announced in due course.
Thank you, Mr Fengping...Yes, Fox's purchase of that particular foundry was made public many, many moons ago. And they did a comparison between that and Silterra for the production capacity viz price paid. Silterra has higher capacity at 46,000 pieces and at much lower price paid.
The most essential part is the LTA which may mean a great deal or nothing at all if not put to paper. Once that is a done deal, investors and institutions will have another field day of panic buying frenzies.
Mr Fengping, in translating your News clips (isn't this more defined) :
1 ) Liu Yangwei pointed out that in addition to investing in Japan's Sharp, which has 8-inch fabs, it also acquired Zhuke’s 6-inch fabs from Macronix in early August. In addition, Hon Hai has also invested in DNeX, indirectly invested in SilTerra, an 8-inch wafer fab in Malaysia.
2) Liu Yangwei said that SilTerra is currently engaged in engineering and business discussions, and it is expected that some of the production capacity will be obtained. Long-term supply contracts will be signed in the near 1-2 months.
There will be a 10 yr bull run for oil...from below 20 to over 100 . According to past 70 yrs record. It happened twice. The 3rd 10 yr bull run for oil begins . China start releasing reserve oil to cool down coz they knew it n they r buying time. But it will still happen becoz nex 10 yrs US will be oil importer again.
Mr Fengping,...strong and unlikely possibilities that Oil would fall back to USD35 and continue to surge during world economic recovery period. We are happy that Dnex acquired additional 60% of PING and moving forward....Avalon Oil fields in 2023. Oil staying above USD70 for next 3 years would be a blessing and the best gift for investors.
Already having sweet dreams of ...PING...Anasuria...Avalon...ka ching, ka ching...cash register filling even when we eat, work, talk, sleep, shit, F*^k..
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....
rr88
6,532 posts
Posted by rr88 > 2021-09-15 15:33 | Report Abuse
Pump n dump scheme. Dumping zone. Sell.