At this price, everyone is happy. 1. The Chairman who bought DNeX at 82 sen is happy now.
2. The BOD of PING who sold PING stakes in return to get cash and DNeX shares is happy now. Win - Win for both.
3. Foxconn who paid premium price @ 90 sen is happy. Their happiness just ends like that. Paying premium price just to get some seats in DNeX and help DNeX (especially SilTerra) to transform from ugly duckling to beautiful swan. Is there any value added to Foxconn as a whole? Any win-win situation? Any value chain, supply chain from Foxconn's perspective? 65% utilization for Chipone, 20% utilization for ILI Technology, and the rest for who? Foxconn?? I am clueless. But, I guess new business expansion will take place soon. Only time will tell....
4. Those long term investors who bought at 20 sen (and below) during the uncertainty period and those value investors who subscribed the warrants are the HAPPIEST people. .....
All these people (ABOVE) have one thing in common, "walk far and walk together with DNeX). Betul keh?
nicholes99 to you is high risk ofcos... poor kid like you reply on parents pocket money how to have holding power???? getting rich won't happen on you... getting few buckets of kfc can la
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....
jenson68
1,473 posts
Posted by jenson68 > 2022-01-21 09:08 | Report Abuse
You may be too late once break 1… congrats for those still with Dnex !! Keep for long term as gems of the year