Tan Sri / BOD will be in better position to answer about the planned future expansion to 12M mask layer per year in 2024 in light of this JV.
Perhaps the JV could replace that plan thereby saving DNeX a chunk off RM700M. Also offers many restructuring options.
Would be the JV be be at the holding (DNeX) or Silterra's level? How would DNeX funds the JV? Spin off and list Silterra? CGP Fund is a PE so would they exit once the JV is in place?
I am not a mind reader or would like to predict things except to say that there is a ready "in-house" customer for the products from the JV.
As the JV is with a "western friendly country" the products and the production technology would be free of sanctions.
Thus we have access to market and technology.
Not a slam dunk but its up to the company to screw things up.
Peace
Posted by ogre2021 > May 18, 2022 12:31 AM | Report Abuse
hi @jwblacklabel today dnex announced mou for jv with foxconn subsidiary to build & operate 12-inch wafer with capacity of 40K/month.
what are your thoughts on this wrt silterra planned future expansion to 12M mask layer per year in 2024 for an additional cost of rm700M? pls refer to link below, based on the NST report, the current silterra expansion to 10M mask layer will be ready by early 2023.
MOU( foxconn) is a plus but hardly means anything to Dnex bottom line Yet. Foxconn signed many MOU with China Chips makers but sooner or later China Wafer Co. pull-Out bcos Foxconn demand lowest price but highest Quality Wafer. I think it is better to stick with China players, atleast their Demand is Not so much.
I agree with your point. MOU is nothing and will not impact DNeX bottom line. It also take 2-3 years before the first product roll out eg construction, installation and qualification / test.
Those MOUs with Chinese firms are slightly different. Why?
Because Hon Hai has already owned 5.03% of DNeX. They already have a foot past the door.
Here are a few more pointers
Hon Hai aims for 10% of EV market
Under Hon Hai 3+3 initiative - 3 emerging industries of EVs, robotics and digital health care applied AI, semiconductor, and comms technologies - DNeX / SilTerra is a good fit as they have products in many of those areas including health care.
From PR the new plant will use "matured" processes which reduces the need for more RnD and risks.
Macam main guli-guli.......From a respectable entity with good integrity to no other than those waving MOU to prop up price............paper full of bullet holes, leaking water all over the place.
New wafer foundry plant JV that needs TIME (3 years) and MONEY, lots of money, something like USD4 Billions = RM17+ Billions.......Talk is cheap..........
No wonder my pet fish nearly dropped off his chair. But these jokers here thinks it's a done deal........hehehe
Trevor, please chill and stay calm. These people don't deserve us anymore. At Axe Cap, we act professionally and we're gentlemen. We're educated and trained to do what we do best......
EnglishBob want to make people muntah.. early this morning..
At lunch other day, told my friends, "Dx signed MOU, JV for RM17.6 BILLIONS!" NONE OF THEM COULD STOP LAUGHING, NEARLY CHOKED BY FOOD IN MOUTH......hahahaha
wakaka...baru ni nampak Dnex di tempat pasar malam, mari2... lelong2, satu ringgit satu, satu ringgit satu..pelahan2 kita JV besar2. Hehehe...happy weekend.
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
MQ Trader 184 views | 22 h ago
0:17
New IPO: An enterprise IT solutions provider that provides implementation services, maintenance, support and professional services, Vetece Holdings Bhd aims to list on the Ace Market!
MQ Trader 425 views | 4 d ago
0:17
New IPO: A manufacturing and trading of biomass fuel products, particularly PKS and wood pellets company, Elridge Energy Holdings Bhd aims to list on the Ace Market!
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....
jwblacklabel
105 posts
Posted by jwblacklabel > 2022-05-18 17:38 | Report Abuse
hi @ogre2021
I don't know.
Tan Sri / BOD will be in better position to answer about the planned future expansion to 12M mask layer per year in 2024 in light of this JV.
Perhaps the JV could replace that plan thereby saving DNeX a chunk off RM700M. Also offers many restructuring options.
Would be the JV be be at the holding (DNeX) or Silterra's level?
How would DNeX funds the JV?
Spin off and list Silterra?
CGP Fund is a PE so would they exit once the JV is in place?
I am not a mind reader or would like to predict things except to say that there is a ready "in-house" customer for the products from the JV.
As the JV is with a "western friendly country" the products and the production technology would be free of sanctions.
Thus we have access to market and technology.
Not a slam dunk but its up to the company to screw things up.
Peace
Posted by ogre2021 > May 18, 2022 12:31 AM | Report Abuse
hi @jwblacklabel
today dnex announced mou for jv with foxconn subsidiary to build & operate 12-inch wafer with capacity of 40K/month.
what are your thoughts on this wrt silterra planned future expansion to 12M mask layer per year in 2024 for an additional cost of rm700M?
pls refer to link below, based on the NST report, the current silterra expansion to 10M mask layer will be ready by early 2023.
https://www.nst.com.my/business/2022/03/782006/dnex-eyes-group-wide-ex...