scam counter. o&g and tech counter also green, it drop back somemore. Airasia qr so bad also fly rm1 above. Still telling earning money what per barrel la blablabla
Silterra needs another 500--600mil to Upgrade its facilities for 2 years....more private placement. At 50cents, another One Billion shares will be put under for Sales....not enough earnings in next 6 months to entice Buyers will result Management going for RI
The report revealed that SilTerra’s financial position was less stable with accumulated losses increased to RM1.832 billion until 2020 mainly due to the depreciation of processing equipment assets.
If cannot raise more Cash, Management has option ( need Gov approval) Sell more shares to Chinese Investor Or Foxconn....Dnex will loose controlling stake of Silterra
Well... we are not experts in Mercedez or high-end processing equipment assets. so.. if CGP and foxconn don't see any problem. I think its a good to go.
Note that under the terms of the Sale and Purchase Agreement ("SPA") between Khazanah and DNeX, that Khazanah had cleared all Accumulated Losses in DNeX via forgiving the convertible loans that SilTerra owes Khazanah.
The convertible loan forgiven (Share capital) has been capitalised and offsetted against the accumulated losses.
Fact: As such, DNeX will not be consolidating SilTerra's historical accumulated losses as it has been offsetted by the recapitalisation of the forgiven debt/convertible loan notes.
Please read the SPA disclosed by DNeX to Bursa clearly.
Hahaha DonT make laugh...200mm Wafer is a standard in China Market...like proton Car!!!!!! 400mm is Taiwanese new standard...maybe 800mm Now....But of course 200mm got alot Biz from China Market ( no dispute )
nicholas99 it's like you buy Mercedez for 1mil. 1-year later value left 700k. loss: depreciate 300k. ___________________________________________
Wafer 200mm and other imaging machinery depreciate very fast if Technology go leap and bound like 5G suddenly upgrade to 6G.....you 5G machinery suddenly has NO customers
The 1.832 billion losses was Khazanah's losses ... It has nothing to do with Dnex n Silterra now ... For example, A brand new Mercedes S450 cost about RM650,000, when someone bought a 2nd hand Mercedes S450 at RM300,000 now ... How can the buyer losses the RM350,000 depreciation due to wear n tear ? ... The losses belongs to the previous owner, not the buyer ...
Mercedes S450 at RM300,000 now ... How can the buyer losses the RM350,000 depreciation due to wear n tear ? ... The losses belongs to the previous owner, not the buyer ... -----------------------------------------------------------------
I think what the report meant is Resale Value Or savage value will disappear rapidly And Dnex has to replace and Upgrade to new machinery or else it cannot find any customers....
Plant and machinery fully depreciated but still can use as d chips produced r not outdated even better r stil in demand even better r stil in demand at higher ASP
Imagine the profit whn thr is sales but 0 depreciation expense
Mr. DunKnow claims DNeX needs 500 - 600 mils to upgrade facilities in 2 years. Thus private placement will be issued at 50 sen again. Hence issuing extra 1 billion shares is inevitable. Betul keh??
Assuming you are right in the upgrade (just for the upgrade only,... lol). Why need so much money 500 mil (assuming you are right again). Isn't SilTerra a 60:40 partnership?? Why PP still 50 sen, can't be higher? .. Judging from DNeX's TRANSFORMATION from ugly duckling to beautiful swan, how about RM1.88 for PP (I like 8, means HUAT) . I am lazy to count, go and figure out yourself.
All these claims can be summarised as below story....."A kindergarten kid asked his teacher a question. Is honey sweet or not? With a big smile the teacher replied yes dear, honey is sweet. Later, the teacher gave the kid a big hug not because of his intellectual question but his participation in class (in this case the forum here).
I think we do not need to worry so much ... The management hv experts to handle it well, otherwise no point buying something that is not manageable ...
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scjm
2,597 posts
Posted by scjm > 2021-09-28 14:41 | Report Abuse
based on the prevailing trading pattern the price should break out of 83.5 today