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2017-04-11 16:23 | Report Abuse
PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE COMPANY'S TOTAL NUMBER OF ISSUED SHARES
2017-04-10 16:43 | Report Abuse
Ohh yeah, nice drop and nice catch..only, when it fell to the bottom, will it rise again..
2017-04-10 16:21 | Report Abuse
Very obvious short sell at 1.16..someone is collecting...
2017-04-05 16:54 | Report Abuse
Wavy sea..we shall reach there eventually..
2017-03-31 19:11 | Report Abuse
Abt 30% profit..Waw, super bright gem man..
2017-03-30 19:23 | Report Abuse
Yes, I agree with Darren. If you flip back kenanga past report on this counter, you will see they kept on corrected its tp from firstly 43c, then 43c~85c, 85c~1.13, then 1.13~1.62, total of 4 updates since Nov2016. Thus, I see its growth as not merely from goreng pisang, but also with fundamental base to support.
2017-03-30 19:15 | Report Abuse
Auto segment grew 22% qoq.
The auto segment is growing in-line with the 20% to 30% range as anticipated. We expect further growth as the company plans to further boost its production capacity for the electronic braking system plungers. The company has bought 50 CNC machines to be installed in Q2 and Q3 to support its production expansion, particularly in anticipation for the 30% growth in demand for its auto segment.
Hard Disk Drive (HDD) arm holding strong.
The HDD segment grew 11% qoq, and 2% yoy. Notion has shipped 112 million units compared to 100 million units previously due to a shortage of flash chip that affected SSD supply. That in turn increases the demand for HDD and led to a tight supply. We expect demand for HDD to remain strong in the next few quarters as the shortage of SSD is expected to last until end-2017. We assume a 5% yoy growth for HDD sales.
New offering of engineered products going as planned.
The company’s plan to diversify its product offering is going well as it has secured two new customers to produce industrial products. The company expects new orders from fasteners, engineered products and electrical consumer goods in the coming quarters. On top of that, it is also exploring engineered products for aerospace parts.
2017-03-30 16:05 | Report Abuse
Waw, Seems strong at 1.20..always try to pull back this level..good !!
2017-03-29 22:46 | Report Abuse
Upgrade to overweight: We upgrade our sector call to “overweight” given the outweighing of outperform ratings in the total market capitalisation of our stock coverage universe alongside improving industry prospects.
Global semiconductor sales in January 2017 increased by 13.9%, marking the sixth consecutive year-on-year (y-o-y) growth which is the largest y-o-y growth since November 2010. With better numbers concluded in 2016, drastic revisions have been made to the World Semiconductor Trade Statistics’ 2017/2018 growth forecasts from 3.3%/2.3% to 6.5%/2.3%, with higher growth forecasts mainly on sensors and integrated circuits (ICs).
The smartphone segment which has been the key driver of the semiconductor industry over the past three years is expected to see better growth again in conjunction with the launching of flagship models by the world’s largest vendors this year. On top of that, the automotive semiconductor market is seeing higher growth from the increasing semiconductor content per vehicle for safety features and comfort systems.
We are more positive on the outsourced assembly and test players under our coverage given their improving earnings profile with meaningful exposure to the above-mentioned segments. Beyond industry growth, the earnings of Malaysian semiconductor export players will also be augmented by favourable currency translations.
We have imputed an average of RM4.40 per US dollar, a two-year forward ringgit/US dollar assumption for the technology companies under our coverage to be in line with our team of economists’ forecasts. With the industry seeing meaningful recovery, we are now assigning upcycle valuations to most of the semiconductor players under our coverage. Of all, our top picks are PIE Industrial Bhd (outperform; target price [TP]: RM2.87) and Notion VTec Bhd (outperform; TP: RM1.62). — Kenanga Research, March 28
2017-03-27 18:40 | Report Abuse
Re-correction due to overbought..then will pick up again..
2017-03-27 17:12 | Report Abuse
While kenanga increase its tp from 1.13 to 1.62, and give it a "outperform" value, the other blogs kicks in and warn of manipulation (and indirectly give u their list). Seriously you really don't know who is playing the evil part. As an investor, we should just study and trust your own instinct. Set your tp and cut loss price, thats it.
2017-03-08 19:42 | Report Abuse
Buy CX and convert to mother, cheaper..but, expiry soon..
2017-03-08 19:30 | Report Abuse
KUALA LUMPUR (March 7): AllianceDBS Research said JCY International Bhd (JCY) had on March 6 traded higher to 63 sen before settling at 62 sen (up 2 sen or 3.33%).
In its evening edition yesterday, the research house said a crossover of the 65.5 sen hurdle would likely see JCY trading upward with the next upside target pegged between 73 sen and 76 sen.
Stock: [KGROUP]: KEY ALLIANCE GROUP BERHAD
2017-04-28 15:35 | Report Abuse
Very obvious short sell Leh..these PPL keep doing short sell 1st, then collect back at low price..so, only they r Making profit..