Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
SJL, ESOS is Employee Share Option Scheme. All public listed companies must share earnings with their employees.
ESOS is not free. Employees have to buy but whenever there is ESOS their employers will provide which broker to get their share.
Broker e.g. TA Securities will offer employees to use their money to buy shares with one option that share trading must be through them and broker gets broker fee and their money back. Employees will get their profit if they sell high and;
Have to pay if they sell lower.
Whenever a company issue ESOS, this doesn't mean our share value will be diluted. If our company continue to grow, our share value increases. DNeX earning is growing and will continue growing. As for now, DNeX has earning about 14.xx at PE ratio of 6.xx
Exercising ESOS. An announcement will be made by BSKL whenever any one from the board sells their shares. In DNeX, Dato Zainal alone has ESOS of 9mil if I am not mistaken. He owns the company I think.
Other board of director e.g. Chairman of the Board treats ESOS like their salary. They don't usually kept their shares. The moment they received shares, they sell straightaway. And again, an announcement will be made to let minority s/holders know.
Foxconn is one of DNeX major shareholders. Foxconn is a company who buys chips, integrated circuits, RTC real time clock and etc for IPhone, Intel and some well known US companies.
There are also a few Scandinavian companies who help DNeX develop SilTerra high end manufacturing technology in making wafer mask layers. Foxconn also are working closely with the Indian to setup another manufacturing center in South Asian, that is India.
The problem trading in DNeX is sometimes we were like being put in a Hydraulic Press.
Pressure comes from below and from above. We often squeeze in between. When this happens, that means we are being manipulated by some ppl.
FYI.
Don't worry about ESOS. Your share won't be diluted. Only applies to high earning companies.
ESOS can't be exercised immediately, there are specific timeline and other terms involved. Normally if any of the staff resigned before the allowed exercise date they need to surrender their ESOS back to the company.
When a company made an announcement to issue ESOS to their board of directors and employees, the company needs to declare the no of share that will be issued out, when that share will be issued out, duration and the frequency of their shares will be issued out e.g. Maxis issues 30mil shares for ESOS for a duration of 3 years on every 1st Sept from 2022 onwards.
If a Maxis employee is entitled to receive 12,000 ESOS at 4.50sen ea, he/she will receive 4,000 shares every year on every 1st Sept.
ESOS is a privilege. A company awards ESOS to their employees to reward their outstanding work and their loyalty to the company. ESOS doesnt happen every year. most ESOS exercises happen every ten years as part their employee remunerations and benefits working to the company. Like bonus.