777 kurang ajar... mak dia tak ajar dia cakap dengan sopan sikit... His mother did not teach him or her to be polite when speak in public whether he is right or wrong... is ok not to be polite but do not to condemn others when others raised any points... the problem is he act as if he knows everything about DNex... but he doesn't know what he doesn't know... wakakaka
Big thing? You call this smoke and mirrors a big thing. Clearly you are the one would doesn't know which is the right way, standing on legs or your head???
4.1. Scope of MOU The Parties are discussing on the collaboration to set up a joint venture company for the Proposed Project. The MOU is an understanding of the Parties’ intentions and is not intended to create any legal relations nor to be legally binding on the Parties.
4.2. Definitive Agreement During the duration of the MOU, the Parties will endeavour to negotiate to enter into definitive agreement(s) based on the structure of the Proposed Project and its financial details.
4.3. Duration The MOU is valid for a period of one (1) year commencing from 17 May 2022 and may be further extended by mutual agreement by the Parties (“the Term”). Notwithstanding the foregoing, the MOU will terminate prior to the expiry of the Term if:
(a) A definitive agreement has been executed between the Parties; or (b) Terminated by either one of the Parties by giving one (1) month notice of termination in writing.
Just smoke no fire yet .. so hold on your coffee mugs. Also no many billions being mentioned. Who or how the bill is going to be split and paid? Nada ...
Foreplay only? Or marriage and consummation? (Note - not just marriage!). Here are the attempts based on info published
1 Hon Hai 3+3 initiative 2 Foxconn was amongst the bidders for Silterra from Khazanah 3 DNeX won the bid 4 Hon Hai / Foxconn bought 5% DNeX to become substantial shareholders 5 Dr Bob Chen of Hon Hai is on the board of DNeX and SilTerra
Silicon wafer is the key components to start the chip manufacturing processes.
From Bloomberg (I am not a subscriber so just give headlines from 2 days ago)
Key Supplier of Wafers for Chips Has Sold Out Through 2026 - Sumco expects supply-demand imbalance to last five years - Silicon wafer maker sees little room for factory expansion
Further back in February 2022
Wafer woes could drag out chip shortage
Major vendors not meeting demand. Two silicon wafer vendors, which together represent more than 50 percent of global supply, have warned that they won’t be able to meet demand during 2022.
You could argue about using alternative to silicon wafer such as Gallium Nitride (GaN) and Silicon Carbide (SiC) which DNeX has some products but capacity is not that high or the quality that good (same with other foundries).
Infineon across the road from DNeX is building some facilities there expanding towards that area.
So you could translate all of the above into some sort of revenue for the next few QRs ...
Johnny Walker Thanks for the infor on MOU. Smoke only, no fire yet. You are right ! hold on your coffee mug and ignore the noises from the anjing gila777.
Likely QR will be in within next week..... Dont spill your coffee !!!
"Dnex recently said it has entered into a memorandum of understanding with Big Innovation Holdings (a wholly-owned subsidiary of Foxconn) to set up a joint venture company to build and operate a new 12-inch wafer fabrication plant in Malaysia.
CGS-CIMB Research estimates the new 300mm wafer fab may require a massive investment of at least US$4bil (RM17.6bil) to build and facilitate its production floor."
To be fair to all... Without the MOU, probably DNex is still at 0.93 the price on May 12.... May 13 was the MOU announcement date it went all the way up to 1.09... from .93 to 1.09 is it lousy ? ask your self, just an MOU, nothing solid yet.... If you missed the run, just too bad. whether the MOU is good or bad, is yet to be seen... You can choose to have 7 steps ahead and conclude on the MOU.... you also can choose to step 7 steps behind and watch before concluding. Mr Market chooses the latter.
why these people are trying so hard? Like people bought this counter with their moyang's money? Some people are in for the long run. Even if proven to be a blooper, it's still other people money. just a word, pathetic. If you care about your mental well being, don't bother replying the noises. Just ignore them. Don't feed their ego cuz it will never stop. Any one trying to reply them just as bodoh as they are. Ciao.
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Posted by Moneymore > 2022-05-21 00:31 | Report Abuse
777 rindu itu Mabel cat lah