Bob, based on the WD's conversion, the average price should be RM0.5 + average price of WD (RM0.25-0.30), therefore the price per share was already RM0.75-RM0.80. We know how to calculate. I don't know about you. 26/10/2021 11:21 AM
Bob, I expect the PP to be issued in trenches. Because of unexpectedly conversion of WD were fully converted, PP was no longer needed at that time. Therefore the extension till 26/4/2022 is appropriated. How do you know the plans of DNeX? How do you know Silterra is causing DNeX so much problem? Foxconn was willing to spend RM100 million to put a director on BOD. No one is saying the whole 30% goes to single party. I am just a humble ikan bilis.
hehe.... volume coming volume cumming today ? so what the oil price is USD100 /barrel, so what the factory is making RM xxx mils /quarter. The fund and gang are not ready, price will be side way till earliest Apr next year, and likely to be much longer, by that time, game may be over. Its a sunny day. hehe....
Bob, conversion of WD is a big contribution towards DNeX's fund raising. Please share your expert opinion why it has nothing to do with PP. I am just a humble ikan bilis.
For your info, Dnex do not intend to launch any private placement further. The proposed private placement 30% of shared capital was intended for acquisition of Silterra. However, there is no extra fund now needed for it. There you go Dnex keep extend the private placement purpose.
Unofficial clauses was in order to keep an established relationship with banker, private placement proposal cannot simply dropoff. You need some "time" then only allowed to drop it off.
Bored, Thanks and I accept your explanation. What if there is a collaboration between Foxconn and DNeX in EV businesses? What if there is a need in Silterra 's business expansion? What if there is new acquisition in oil & gas? The extension of time for the implementation of PP is appropriated in spite of the valid reason to maintain good working relationship with banker.
FYI... Collaboration between Foxconn and Dnex are still ongoing as Foxconn is pending more information from their customer as well in order to know their EV sales projection before Silterra management decided to place further booking capacity to Foxconn. The collaboration results is expected to be finalized on December-2021. Overall, what have in our hand is Silterra is reserves 20% of capacity to Foxconn.
Silterra is not in midst on business expansion now. CGP China and Dnex Malaysia have common value understanding to migrate old margin portfolio (Logic Power Devices, CMOS Logic, RF CMOS Mixed Signal and etc) to higher margin portfolio product (MEMS, BCD, SiPH, Ultra Low Power (ULP)) and extra. There is no urgency for Silterra to build another wafer factory in the near term.
Ping is net cash company for the moment. With the projection based on USD60 / barrel, Ping Petroleum able to deliver operating cash flow USD 132mil, USD 129mil and USD 108mil for FY2022, FY2023 and FY2023 respectively. There is no further private placement needed.
These facts and figure and updates can be found on May-2021 analyst briefing. All the information are transparency and open to public there.
Collaboration between Foxconn and Dnex are still ongoing. Facts is it was mentioned from Dnex MD during the Analyst Briefing.
Silterra is not in midst on business expansion now. Facts is Please look at the attached entitled with "DneX revised presentation_May21" page 14. Apparently, migration of old margin portfolio to higher margin portfolio is the only way to allow Silterra to survive next on instead of keep spending CAPEX and thousand of resources and follow TSMC, Samsung and etc to drill down transistor node size to 7nm -> 5nm and subsequent lower size of transistor node size. That is why CGP China and Dnex Management are agree to have common value on go for higher margin portfolio as spoken earlier. Page 14 Remember !!!
Ping is net cash company for the moment. Facts is Please look at the attached entitled with "DneX revised presentation_May21" page 25. Without further to do, please open your acrobat reader and turns to page 25 and see the facts and figure yourself. Infact, Ping is net cash company right now ! It would be good for Klse I3investor allow users to place screenshot here so others users can view the image for their further information as well. Page 25 Remember !!!
------------------------------------------------------------------------------------------------------------------------------ Below is my personal message to you Mr.BobAxelrod only. The events are only exclusively invitation to fund managers and analysts only. Nevertheless, Please email to Dnex IR team email,
media@dnex.com.my
if you are interested to join for their next events.
Last but not least, it is okay if you are insults my mum. I personally wouldn't blame you for that, It is not good to promote unhealthy insultation in Klse I3investor platform as we are always highly promote establish healthy collaboration sharing among each others in this platform.
thanks for your contribution to this forum, Mr Bored. In fact lots of ppl here get bored with this forum especially with re emergence of nuts and thugs like that one who always insults ones' mother. The meanest and most disgusting one ! Yet admin seems to side him with favour !!! Is there fairness and freedom of speech in this forum, Lets see if admin allows this comment of mine posted !!!!
Today is likely a day for speculators to row over. Despise the general market is down by more than 10 points, my opinion is that the share price will move higher to cover their cost.
Bob, You are expert in investment with hundred millions of fund. Since SC has approved PP for the extension of time till April 2022, what is the actual reason(s) behind the approval? I am sure you have source(s) and resources to provide information that can benefit a group of Ikan bilis here. I am just a ikan bilis humbly requested for your kind input.
So the sc doesn’t approve PP’s if the applicant doesn’t state their plans for it… ie cannot use the extensions as a placeholder or a backup plan ‘just in case’
Too many Warren Buffett and Peter Lynch and sophisticated conversations over here …not qualified to partake in this discourse ..better learn from Socrates and profess: the only thing i know for sure is i know nothing …
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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....
KingDavid
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Posted by KingDavid > 2021-10-26 11:22 | Report Abuse
Bob, based on the WD's conversion, the average price should be RM0.5 + average price of WD (RM0.25-0.30), therefore the price per share was already RM0.75-RM0.80. We know how to calculate. I don't know about you.
26/10/2021 11:21 AM