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Been following the stock for years, I remember one of the red flag was the company invested in the chairman son company at 100million valuation. And I think they company wasn’t making money that time What on earth ??
will be good if the board can provide more clarity on the collab with Taiwanese companies as 90M is a big number. and the on-going lawsuits with Ocado.
MAGA - Mahu Ada Gaya America. Lol, no pun intended. Being removed from MSCI small cap index means exodus of foreign funds/insti from Penta is unavoidable. The change will be effective by 30th May. Index funds will have to liquidate their holdings before that.
1st 100 days show completed. He is working hard for 2nd 100 days show - the interest rate cut and tax cut. U-turn is indeed a better word than manipulation :)
such a coincidence that Taiwan link surged after Singapore link is broken. Well, not related to Penta though but more to Malaysia's AI chips "demand" :) For Penta, will be good if there are more clarifications on the collab with Taiwanese companies involved in PIL delisting and Ocado lawsuit.
The phrase "not officially endorsed by the Malaysian government" means that while private companies in Malaysia (like Skyvast Corporation) may pursue partnerships with Huawei for AI projects, the government has clarified it is not directly involved in such initiatives—neither funding, coordinating, nor formally approving them.
The Malaysian government has not banned private firms from using Huawei’s Ascend chips or collaborating with Huawei. Huawei confirmed it has not sold Ascend chips to the Malaysian government, implying private transactions might still occur.
Projects must pass legal, operational, and reputational due diligence, as highlighted by Malaysia’s Investment Ministry. Private companies can engage Huawei, but must independently navigate risks like U.S. sanctions and ensure compliance.
