PIE is 51.42%-owned by Taiwan’s Pan-International Industrial Corp, which in turn is 27.33%-held by Foxconn, more formally known as Hon Hai Precision Industry Co Ltd.
The problem is not dnex or hibis etc… the problem is mainly bursa. Global markets down bursa drops, markets go up, bursa struggles. Fundamentals don’t matter.
Solid like a rock compare with hibis n other over goreng stocks ! 40 - 70 million each qr enough for dnex to accumulate more cash flow ! Foxconn + Beijing + Arab power = minimum rm 4 - 6 ! Look at how close relationships between Malaysia n China , we know Dnex will skyrocket soon with super solid fundamental !
both under correction but dnex have already showing sign of halting the slide with the prevailing sideways consolidation ______ Smart investors will never sell dnex yet they will top up more at this super undervalue price for multiple gains soon , 500 - 1000 lots keep , u wont regret in your life !
How come today didn hear any barking from axe Capital doggie.. we are just 7 steps behind them should manage to hear some noise.. haha.. Oh ‘they’ might busy on explaining to their ‘foreign clients’ right now by letting Hibi slip away didn sell at 1.5..
our market is bearish and weak coupled with uncertainty/not rosy global outlook on oil n tech sectors, dnex would hopefully be able to withstand the strong headwind due to its strong fundamentals by maintaining its sideways consolidation so that when things do start to turn around dnex would be in the pole position to exploit the situation...
SK Hynix Inc. is considering cutting its 2023 capital expenditure by about a quarter to 16 trillion won ($12.2 billion) in response to slower electronics demand than anticipated, people familiar with the matter said.
The world’s second largest memory maker is sticking largely with plans to spend about 21 trillion won this year building up DRAM and NAND capacity, the people said. But rising uncertainty over dwindling demand for the chips that go into everything from smartphones to servers has forced a rethink of expansions next year, they said, asking not to be identified talking about undisclosed plans. https://www.bloomberg.com/news/articles/2022-07-14/sk-hynix-is-said-to-weigh-slashing-spending-by-a-quarter-in-2023
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....
OngKawKaw
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Posted by OngKawKaw > 2022-07-12 10:48 | Report Abuse
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