DNeX's 2 large cash generating engines - SilTerra and Ping is widely expected to double it's profits in FY23.
Overall
SilTerra:
Secured agreement to supply wafers to World's Number 1 Low Energy Bluetooth company - Nordic Semiconductor ~ Cash upfront is 1.4x of current 8 inch wafer prices due to shortage of such specialty design.
Secured agreement to supply MEMS wafers to Number 1 Semiconductor company in the Middle East ~ Pearl Semiconductor ~ Cash upfront 3x of current 8 inch wafer prices due to 1st in the world design of such MEMS specialty design.
Cash upfront deposit of 40% from existing LTA covering 60% of existing capacity + re-opening of China economy spurring demand for Driver IC's
Ping Petroleum:
Completion of repair of a key component of Anasuria Cluster to boost productivity by 50%, resulting in Ping profit to potentially double provided oil is at current prices ~US$80-90/bbl.
Surprises
Much to our surprise, SilTerra is moving up the global SIlicon Photonics and MEMS value chain at a rapid pace, due to its early investments in such technology and collaboration with global semiconductor R&D giant iMEC.
As global chip company scramble due to high inventory levels for conventional PC chips, SilTerra is insulated from such oversupply due to its superior inbuilt technology to supply these next generation chips that are expected to be mass adopted beginning from the end of FY23.
Expectations
EPF accumulated a stake of up to 3.8% based on latest Annual Report filed ~ While this was widely expected by us, it is still a very positive news given large local ongoing institutional support.
Foreign institutional funds begin to upstake DNeX due to their better understanding of the widely positive financial impact from mass adoption of MEMS and Silicon Photonics by global conglomerates, especially in the use of low powered / battery enhancement products.
Gerald lam , u are always a wise investor with long term vision , not like other impatient gambler who only wants fast money within 1 day ! I respect u !
Dnex very solid drop also only within 0.005 - 0.02 within few months compared to other overvalue stock , wise people all hold dnex tight tight only the sourgrapes talk cock say many people dump it , if really many people dump dnex the price should be below 50 sens already , u got no chance to get cheap ticket anymore , sour grape ! Just keep it for multiple gain !
Very heavy counter that doesn't reflect it's true value, don't think any clever share consolidation will happen anytime soon
Without significant banker from internal (bar EPF), it will have a slow ride again..... just like how it accumulated @ basing previously from 0.2x range to 1.xx high
New Gov should assist to get FDI to Dnex.....can be consistently become one of nation future asset if being re-build correctly
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....
nasgee
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Posted by nasgee > 2022-11-11 09:11 | Report Abuse
vroommm LU