Alex you should know more

EG's Batu Kawan plant is HIRING now and ramping up their production. Stay tuned for more.

Sold 13.6m shares to Perkeso at RM 1.87, now he buys back above RM 2.30

Maybe scared of you Alex, that's why Penang not yet start hiring

CISCO, BROADCOM, GOOGLE, NOKIA, YTL and more multinational conglomerate are EG's client:
EG's optical transceivers are crucial components in modern communication networks, playing a significant role in data transmission over fiber optic cables. They serve as the backbone of high-speed data exchange across various industries, including telecommunications, data centers, enterprise networks, and cloud computing.

EG collaborations with US based firm CIG has brought in multiples international clients (Photo as proof):
CISCO: SMT Technologies FB page Dec 23
VERIZON and NOKIA: SMT Technologies FB page Dec 23
YTL: Dato Alex FB page June 23
GOOGLE: SMT Technologies FB page Sept 23
Collaboration with BROADCOM and Micas Networks to manufacture world first 51.2tb Network Switches (refer to news) at micas networks official page

EG also invested in ND Rubber for setting up EV Optical Transceiver testing center in Thailand, this is optical transceiver are likely to applied in EV car for autonomous driving, testing center are going online in 2nd Half of 25, based on current projection, ND Rubber will test up at least 250k Optical Transceiver annually
Refer to ND Rubber webpage meeting minutes at investor relations

Lastly, with their smart factory 4.0 ramping up, their revenue will increase by at least one billion and with higher margin https://www.thestar.com.my/business/business-news/2024/08/24/eg-industries-gains-from-thinking-inside-the-box

It's normal to drop considering that whole market is bad now, management should clearly state when is our Smart Factory 4.0 commence operation rather than playing the game of words

Best QR in term of profitability if we exclude FOREX, next growth would be the opening of Smart Factory 4.0.

Depends on Alex got hedge their Forex or not

Semiconductor tariff not affected on EG products it seems? An "optical transceiver" typically falls under the tariff code "8517.62" in the Harmonized Tariff Schedule (HTS), while "semiconductor tariffs" generally refer to classifications within HTS codes "8541" and "8542", meaning that while both are related to electronic components, they are categorized differently based on their specific functions;

Read the announcement, existing warrant D will be given additional warrants, same ratio as bonus issue of shares