Chip making involves many billions of dollars. Without external involvement, it would be difficult for DNEX to grow. DNEX is already a Malaysian company. The BOD should offer more carrots and create better salutary climate to induce foreign participation in its development. Recently, FOXCONN has suffered tremendous setbacks in Vietnam, India and USA for whatever innate reasons they have. FOXCONN has 5% stake in DNEX. It would be advantageous to loop in FOXCONN to expand its business here in Malaysia and bring Malaysia’s semi-conductor business to world class level. The semi-conductor business is still hot and I hope the BOD would ride on its wave to harvest the benefits before the sentiment dies down like the glove business.
First Foxconn and CGP wont take control as it is requirements by KWAP to not sell to foreign entity. Also it is wise not to have more than 51% as it will be easy to not to fall under any radar of the USA. The current models work perfectly.
Someone just whisper to me, please dont talk about rm2 for now, RM1 before CNY !!!
Whether RM2, RM3 or RM5 is depending on IBs... IB/Research house analysts have not opened their eyes yet. once they opened, sky is the limit.... when? idk hehehehe
@Strategist, let stop eating ayam goreng, let's fire the tukang goreng, he has not been a good tukang goreng in year 2021.
Last year around CNY, we were eating LIMAU instead of ayam goreng kfc.... we were marching to the bank everyday...but not later part of the year when we switched to eating kfc instead of LIMAU Mandarin !! hahahaha
scjm, I agree with you on those who participated short selling yesterday. The likelihood of further gain will deter short selling but promoting on contra day transaction.
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....
chl1989
2,552 posts
Posted by chl1989 > 2022-01-04 13:45 | Report Abuse
so short sighted