Honestly I don't use Facebook. Basically I don't trust any members appointed to board based on national policies. Such members are just filly the gap without any usefulness. Plainly said seat war-mers. They are appointed to deal with government agencies for smooth operation. Pure liabilities!
so slow becoz CEO is the major shareholder and old olready. Psychology no intention to expand this company coz tua already la. Better get new CEO, young and energetic, brain blocked already. Problem with CEO and major shareholders, he just kaya makan gaji buta as CEO and enjoy all the perks jer....too complecent. .. list of BOD full with old and suppose to retire type of people..all makan gaji buta also. Not fond investor of this stoick lor
Banyak shareholder tua yang dah retired initially trust the directors and invest life savings into dnex. Malangnya, semua kena jadi pengemis skrg… sbb beli atas RM1, life savings burned due to directors unable manage issue with business partner cgp
Got a message from a retired friend that invested in dnex
“I invested because dnex hold a gem in Silterra. Heard they have some technology that currently in this world only they can produce, not sure if true, but people in silterra are very intelligent. These people need a direction. Why the holding company can make such a blooper that can end up in arbitration with cgp?
What ever the outcome of the artibration, damage already done. Will cgp be happy if they lose the arbitration?
How can this kind of blooper happen if the management is so good?
Management should remember that it was shareholders that converted warrant to fund the acquisition.
The JV with Foxconn may not happen. As by looking at the withdrawal of Foxconn in India JV, its been knew that Foxconn had no technical capability on 28nm semiconductor manufacturing (the same goes to the India partner - Vendanta). So our govt (Rafizi who are smarter) may not put in $$ for this JV.
Dnex 200mm Market is shrinking by the Day with Infineon 25billion Expansion in Kulim and China massive 140billion investment in Chip supply Chain to counter USA Chip Embargo. Better sell Silterra to Infineon
Series of major events: - Infineon Kulim expanding 200mm fab via RM25b (factory just 5 minutes away from Silterra) - Texas Instruments expanding operation in Malaysia semiconductor - Dnex did a video on their business and post to social media
By the way, I dump all my Dnex and move to others. Doesn't make sense for keep on waiting, earn some money from others share and maybe come back for Dnex, as don't seem it will move for some time.
Many shareholders suffer because of the collapse in share price as a result of the directors unable to resolve a simple issue with CGP.
Due to the directors actions, the people that suffer are: - shareholders - employees of silterra
At this time, esos was even issued to non executive directors, some whose face does not even appear on website and AGM (Radli) and some who upload photos of her playing the fool at AGM (Tun Noor)
While Infineon and Texas Instruments expand their semiconductor presence in Malaysia, the directors of this company choose to do a video to showcase its businesses at a high level.
This company seems to like to do things at a high level: - video - quarter results - announcements
Shareholders are not dumb, don’t do a video to fool shareholders
I3licker you just keep throwing negative views here. This counter has made many people laughing laughing all the way to the bank last year. You continue make your 2000 peanuts from J&J.
100% of Dnex retail shareholders life are crushed and destroyed after share price fell from RM1.2 to RM0.47.
Price fell mainly due to arbitration with cgp. Question that directors must answer is why did they sign the agreement in the first place.
At the same time, one of the director tun Noor tun razak appears to be having a great time at AGM posting on Facebook that she does nothing but smile and wave. She is also given 1.5mil esos shares at low exercise price.
The main director of this company like to preach about good governance and integrity, but look in the mirror, how are all loyal retail shareholders treated?
Treated like a piece of trash.
While some trash are treated like gold.
Directors should reflect on themselves and take responsibility for poor share price performance by cutting their own salary and forfeiting all esos
People that suffer are retail shareholders that are loyal to the company, most are being stuck at RM0.9 - RM1.2
Hope some of the retail shareholders can find peace via prayers and mental health classes after being treated like a piece of dump after share price collapse
Hahahaha hari hari bising pun tarak guna punya, mereka atas tengok u orang ketawa shj hahahaha tiap bulan mereka ambil gaji besarnya,sedapnya claim sini sana lagi ada apa yelek.
Hahahaha why not think about Datasonic leh, Wakaka
rainman777, if true what u said the directors tengok kita ketawa shj and tiap bulan mereka ambil gaji besar, then all loyal retail shareholders are doomed to death.
Does this means the governance of this co is so terrible?
Statement of facts: - Tan Sri Syed holds more FSBM shares than Dnex shares. Based on latest dnex report and bursa announcement, he owns little to zero dnex shares - Company currently has no CEO - NED Tun Noor Tun Razak post on Facebook that she does nothing but smile and wave during 2022 AGM. The AGM was attended by many unhappy shareholders that lost their wealth after investing at RM1 - Initially signed agreement with CGP that open gateway for them to own 60% of silterra but end up UTurn and keeping original copy and now in dispute with CGP because realise this share arrangement may result in losing control of silterra [in short: blunder] - No updates on 12 inch fab with Foxconn, despite more than 1 year MOU. - No updates on how MOU and collaboration agreement with Ajlan Bros and Tuyar semiconductor will bring in any revenue at all
Results: - Share price collapse - Shareholders being sidelined after NED was awarded 1.5mil ESOS at low exercise price - Shareholders kept in the dark on many key matters. Only given update on high level matters that doesn’t need to be repeated 100x - Shareholders don’t need repeated update on what silterra, ping and IT does, we already know. Shareholders need real detailed updates that matters. If no updates, directors should factually state so
Morning all, don't miss to purchase your tickets at GAS MALAYSIA ( 5209 ), very stable counter currently trading at discounted value, also good dividend payout😎
- No updates on 12 inch fab with Foxconn, despite more than 1 year MOU. Of cause no update on Foxconn JV on 12 inch fab. Foxconn had no technical capability to manufacture 28nm chips. Foxconn JV in India were withdraw and cancel as both side aren't able to do it. So for Foxconn JV in Malaysia with Dnex is most likely ended up in same fate, as govt won't throw money since they see what happened in India. (so if Azmin Ali still economy minister then probably will approve the cash in into this JV, since last time he (via Khazanah) sold Silterra at a lower than market price to Dnex).
By the way, after I sold my Dnex share and turn to Cloudpoint got earn back 21% in last 2 week.
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DickyMe
14,698 posts
Posted by DickyMe > 2023-08-03 21:50 | Report Abuse
Honestly I don't use Facebook.
Basically I don't trust any members appointed to board based on national policies.
Such members are just filly the gap without any usefulness. Plainly said seat war-mers.
They are appointed to deal with government agencies for smooth operation.
Pure liabilities!