Going down to 9 or below…
Careful next few days

Rhb dividend yield 7% !

Better get out of TNB before funds manager starts to dump in big ways

Analyst starts to downgrade TNB eg HLIB issued hold calls for tenaga

Yes better change to RHB… much better dividend yield.

Take profit and runnnnnn!

Go go go… medium term TP rm0.5

Share Price has reflected much of the cocoa prices already.

Also sizeable of their revenue is in Usd which maybe beneficial as USD strengthen against RM… hence better income

Price has taken into account the cocoa prices

Nvidia Corp. surged in early trading after delivering another eye-popping sales forecast, adding fresh momentum to a stock rally that already made it the world’s most valuable chipmaker.

The outlook extends a streak of Nvidia shattering expectations, thanks to insatiable demand for its artificial intelligence accelerators — highly prized chips that crunch data for AI models. The technology has helped power a proliferation of chatbots and other generative AI services, which can create text and graphics based on simple prompts.

“Accelerated computing and generative AI have hit the tipping point,” Chief Executive Officer Jensen Huang said in the statement. “Demand is surging worldwide across companies, industries and nations.”

https://finance.yahoo.com/news/nvidia-surges-ai-sales-boom-222822819.html

Nvidia Corp. surged in early trading after delivering another eye-popping sales forecast, adding fresh momentum to a stock rally that already made it the world’s most valuable chipmaker.

The outlook extends a streak of Nvidia shattering expectations, thanks to insatiable demand for its artificial intelligence accelerators — highly prized chips that crunch data for AI models. The technology has helped power a proliferation of chatbots and other generative AI services, which can create text and graphics based on simple prompts.

“Accelerated computing and generative AI have hit the tipping point,” Chief Executive Officer Jensen Huang said in the statement. “Demand is surging worldwide across companies, industries and nations.”

https://finance.yahoo.com/news/nvidia-surges-ai-sales-boom-222822819.html

https://finance.yahoo.com/news/nvidia-surges-ai-sales-boom-222822819.html

Nvidia Corp. surged in early trading after delivering another eye-popping sales forecast, adding fresh momentum to a stock rally that already made it the world’s most valuable chipmaker.

The outlook extends a streak of Nvidia shattering expectations, thanks to insatiable demand for its artificial intelligence accelerators — highly prized chips that crunch data for AI models. The technology has helped power a proliferation of chatbots and other generative AI services, which can create text and graphics based on simple prompts.

“Accelerated computing and generative AI have hit the tipping point,” Chief Executive Officer Jensen Huang said in the statement. “Demand is surging worldwide across companies, industries and nations.”

Nvidia Corp. surged in early trading after delivering another eye-popping sales forecast, adding fresh momentum to a stock rally that already made it the world’s most valuable chipmaker.

The outlook extends a streak of Nvidia shattering expectations, thanks to insatiable demand for its artificial intelligence accelerators — highly prized chips that crunch data for AI models. The technology has helped power a proliferation of chatbots and other generative AI services, which can create text and graphics based on simple prompts.

“Accelerated computing and generative AI have hit the tipping point,” Chief Executive Officer Jensen Huang said in the statement. “Demand is surging worldwide across companies, industries and nations.”

https://finance.yahoo.com/news/nvidia-surges-ai-sales-boom-222822819.html

Nvidia Corp. surged in early trading after delivering another eye-popping sales forecast, adding fresh momentum to a stock rally that already made it the world’s most valuable chipmaker.

The outlook extends a streak of Nvidia shattering expectations, thanks to insatiable demand for its artificial intelligence accelerators — highly prized chips that crunch data for AI models. The technology has helped power a proliferation of chatbots and other generative AI services, which can create text and graphics based on simple prompts.

“Accelerated computing and generative AI have hit the tipping point,” Chief Executive Officer Jensen Huang said in the statement. “Demand is surging worldwide across companies, industries and nations.”

https://finance.yahoo.com/news/nvidia-surges-ai-sales-boom-222822819.html

AI and semiconductor stocks surge after Nvidia's earnings beat!

Artificial intelligence and semiconductor chip stocks rallied after U.S. chip design firm Nvidia beat Wall Street's expectations for fourth-quarter earnings and revenue on Wednesday and projected "continued growth" in 2025 and beyond.

Artificial intelligence and semiconductor chip stocks rallied after U.S. chip design firm Nvidia beat Wall Street's expectations for fourth-quarter earnings and revenue on Wednesday and projected "continued growth" in 2025 and beyond.

AI and semiconductor stocks surge after Nvidia's earnings beat!


https://www.cnbc.com/amp/2024/02/22/ai-and-semiconductor-stocks-surge-after-nvidias-earnings-beat.html

This could also be strategy to lure retailers for cash out by certain parties… good luck

Careful it’s overhyped stock and not based on fundamental. Ridiculously high PE of 39x… it’s matter of time it will tumble like a falling knife….
Better take profit before too late

ASML's 4Q orders triple in sign of semiconductor industry revival.

Jan 24): ASML Holding NV orders more than tripled last quarter from the previous three months, in a sign that the semiconductor industry is resurgent.

Order bookings rose to a record €9.19 billion (RM47.26 billion) in the fourth quarter (4Q) from €2.6 billion in July to September, driven by demand for its most sophisticated machines, Europe’s most valuable technology company said in a statement on Wednesday.
ASML is the only company that produces equipment needed to make the most sophisticated semiconductors, and demand for its products is a bellwether for the industry’s health. Record orders for its top-of-the-line extreme ultraviolet (EUV) lithography machines show optimism among the biggest customers for the technology, including Intel Corp, Samsung Electronics Co and Taiwan Semiconductor Manufacturing Co (TSMC).
Artificial intelligence (AI), which requires massive amounts of computing power, is going to be a “big driver for our business and the business of our customers,” chief executive officer Peter Wennink said in an interview on Bloomberg TV.



https://theedgemalaysia.com/node/698519

ASML's 4Q orders triple in sign of semiconductor industry revival.

Jan 24): ASML Holding NV orders more than tripled last quarter from the previous three months, in a sign that the semiconductor industry is resurgent.

Order bookings rose to a record €9.19 billion (RM47.26 billion) in the fourth quarter (4Q) from €2.6 billion in July to September, driven by demand for its most sophisticated machines, Europe’s most valuable technology company said in a statement on Wednesday.
ASML is the only company that produces equipment needed to make the most sophisticated semiconductors, and demand for its products is a bellwether for the industry’s health. Record orders for its top-of-the-line extreme ultraviolet (EUV) lithography machines show optimism among the biggest customers for the technology, including Intel Corp, Samsung Electronics Co and Taiwan Semiconductor Manufacturing Co (TSMC).
Artificial intelligence (AI), which requires massive amounts of computing power, is going to be a “big driver for our business and the business of our customers,” chief executive officer Peter Wennink said in an interview on Bloomberg TV.



https://theedgemalaysia.com/node/698519

Good time to collect…Buy buy buy.. CNY rally coming

Investors are smart enough to know who’s the tin kosong (ie fruitcake) who just know how to make noise and post statements with NO substance…

Full of potential..and lots of upsides

Medical Segment Sets to Grow Further
Moving into 4Q23, the group is confident that the medical segment contribution will increase by 15-20% QoQ driven by higher sales to Edward (40% of 3Q23 revenue) and recovery in orders from Ambu (29% of 3Q23 revenue). We note that Supercomnet has been chosen by Edwards Lifesciences (market cap of above USD50bn) as the best quality supplier (more than 700 suppliers) and achieved gold status in 2023. Edward will be using more digital smart cable (from analog cable) for its products such as its inbuilt PCB Board somewhere in the middle of 2024. For Ambu, the growth will come from endoscopes, gastroscopes and colonoscope (US FDA approved in Sep-23).

Automotive to Fully Recover by 2Q24
Management shared that 4Q23 automotive contribution would remain flat QoQ but full recovery is expected to happen by either 1Q24 or 2Q24. We understand that Scomnet’s customer, Stellantis is evaluating Gurun’s potential to be a regional hub for battery-electric vehicles (BEVs) for domestic and export markets. In essence, we believe the expansion of Stellantis in ASEAN (via Gurun, Kedah) will bode well for Scomnet.

In addition, Scomnet has been approached by a European automotive player to produce wire harness for Chrysler models in the US market. If successful, the first project is expected to begin in March or April 2024 and contribute around RM10-15mn sales per annum.

https://www.reuters.com/business/autos-transportation/hertz-sell-about-20000-evs-us-fleet-2024-01-11/

Go and watch the movie “Wonka”..!

It’s whimsical portrayal of a chocolate factory and unique treats that will likely spark and increase interest in chocolate consumption among viewers.

This Movie possesses remarkable ability to influence significant increase in chocolate consumption!

Next I can think of is Guan Chong…

It’s getting attractive… silly to run… it’s time to collect…

Stellantis is evaluating Gurun’s potential to be a regional hub for battery-electric vehicles (BEVs) for domestic and export markets. In essence, analyst believe the expansion of Stellantis in ASEAN (via Gurun, Kedah) will bode well for Scomnet.

In addition, Scomnet has been approached by a European automotive player to produce wire harness for Chrysler models in the US market.

4 Jan 2024
RHB Investment Bank kept its OVERWEIGHT stance on Transportation sector, as it expects trade recovery to materialise.

the research house said, the upswing in export momentum in November 2023, particularly in E&E products and palm oil-based items, validates the early signs of trade rebound.

“There is also growing evidence of improved trade activities from economic growth of China and regional economies.

Aside from that, the red sea crisis pushed certain freight rates higher.

Within the logistics sector, its top pick is Tasco Bhd (TASCO) for its diversified client base, business segments that will sustain its earnings base, and the integrated logistics services (ILS) tax incentives that offer a buffer against sector headwinds.

Tasco train starts to move… don’t miss this opportunity…. Big boys coming

I prefer Tasco too.
Highly geared company like Swift is dangerous during challenging time like now.

Don’t listen to Rubbish recommendation by Natsuko… she will bring u Down swiftly…

Overshot already. Better take profit first… it will be diving down…

Better take profit first Ooo.. coming down

Good time to collect when it’s taking a breather

Good time to collect when it’s taking a breather..

Good Dividend will likely resume soon..

KUALA LUMPUR (Aug 18): Magnum Bhd's net profit for the second quarter ended June 30, 2022 (2QFY22) jumped to RM26.4 million, over 12 times the RM2.05 million it made in the same period last year, as it recorded better sales under its gaming division.

Revenue rose 47.68% to RM482.14 million from RM326.49 million, as gaming sales more than tripled to RM482 million from RM155.5 million, its bourse filing showed.

https://www.theedgemarkets.com/article/magnum-2q-net-profit-jumps-rm264-mil-gaming-sales-continue-recover

For the fourth quarter (4QFY22), the group posted a 2.43% drop in net profit to RM86.22 million, from RM88.36 million a year earlier, due to a decline in revenue and higher provision of deferred taxation.

Earnings per share for the quarter slipped to 2.33 sen from 2.64 sen previously, Inari’s filing showed.

Quarterly revenue fell 6.96% to RM336.18 million from RM361.32 million, as raw material supply constraints led to lower loading volume in its optoelectronics and generic business segments.

Take profit time… it’s turning down

UP trend to continue… buy buy buy… onboard

Semicon industry news by the edge (4.8.22), analyst opines that Malaysia is expected to benefit from the accelerated trade diversion due to US-China trade tension, as more multinational companies shift their supply chain activities out of China into Southeast Asia

Semicon industry news by the edge (4.8.22), analyst opines that Malaysia is expected to benefit from the accelerated trade diversion due to US-China trade tension, as more multinational companies shift their supply chain activities out of China into Southeast Asia

Semicon industry news by the edge (4.8.22), analyst opines that Malaysia is expected to benefit from the accelerated trade diversion due to US-China trade tension, as more multinational companies shift their supply chain activities out of China into Southeast Asia

Up trend coming… break barrier already..on board

Sime Darby Bhd is exiting the non-core ports business by divesting the entire equity interest in its Weifang Port companies for 1.92 billion yuan (RM1.27bil).

https://www.thestar.com.my/business/business-news/2022/07/05/sime-darby-divesting-weifang-port-companies


Special dividend?

As expected mentioned earlier

UWC RECORDS HIGHEST EVER QUARTERLY PAT TO DATE WITH 24.8% LEAP
Supported by the growing order book from semiconductor industry

Kelington Group Bhd (KGB) has secured a contract worth RM114 million to build a semiconductor manufacturing building.

https://www.theedgemarkets.com/article/kelington-bags-contract-worth-rm114m-build-semiconductor-manufacturing-facility