KUALA LUMPUR (June 14): Global fab equipment spending for front-end facilities is expected to increase 20% year-on-year (y-o-y) to an all-time high of US$109 billion in 2022.

In a statement on Monday (June 13), the US-based Semiconductor Equipment Materials International (SEMI) said this marked a third consecutive year of growth following a 42% surge in 2021.

SEMI in its latest quarterly World Fab Forecast report said fab equipment investment in 2023 is expected to remain strong.

https://www.theedgemarkets.com/article/global-fab-equipment-spending-hit-record-us109-bil-2022-

KUALA LUMPUR (June 14): Global fab equipment spending for front-end facilities is expected to increase 20% year-on-year (y-o-y) to an all-time high of US$109 billion in 2022.

In a statement on Monday (June 13), the US-based Semiconductor Equipment Materials International (SEMI) said this marked a third consecutive year of growth following a 42% surge in 2021.

SEMI in its latest quarterly World Fab Forecast report said fab equipment investment in 2023 is expected to remain strong.

https://www.theedgemarkets.com/article/global-fab-equipment-spending-hit-record-us109-bil-2022-says-semi

Good to collect ….

The semiconductor sector continues to be favoured by analysts, especially the outsourced semiconductor assembly and test (Osat) providers.

The Osat companies have got it going with a strong sales pipeline and earnings growth prospect, anchored by their expansion roadmap and robust balance sheet, said TA Securities Research in its latest report.

“We also expect them to continue benefiting from the global structural growth in chip demand, alongside the ongoing acceleration in digitalisation and proliferation of secular technology trends like 5G, artificial intelligence, cloud computing, Internet of Things, robotics and vehicle electrification,” it said.

It maintained its “overweight” stance on the technology sector.

Thestar 10 June 2022

The semiconductor sector continues to be favoured by analysts, especially the outsourced semiconductor assembly and test (Osat) providers.

The Osat companies have got it going with a strong sales pipeline and earnings growth prospect, anchored by their expansion roadmap and robust balance sheet, said TA Securities Research in its latest report.

“We also expect them to continue benefiting from the global structural growth in chip demand, alongside the ongoing acceleration in digitalisation and proliferation of secular technology trends like 5G, artificial intelligence, cloud computing, Internet of Things, robotics and vehicle electrification,” it said.

It maintained its “overweight” stance on the technology sector
The star 10 June2022

The semiconductor sector continues to be favoured by analysts, especially the outsourced semiconductor assembly and test (Osat) providers.

The Osat companies have got it going with a strong sales pipeline and earnings growth prospect, anchored by their expansion roadmap and robust balance sheet, said TA Securities Research in its latest report.

“We also expect them to continue benefiting from the global structural growth in chip demand, alongside the ongoing acceleration in digitalisation and proliferation of secular technology trends like 5G, artificial intelligence, cloud computing, Internet of Things, robotics and vehicle electrification,” it said.

It maintained its “overweight” stance on the technology sector
The star 10 June2022

The semiconductor sector continues to be favoured by analysts, especially the outsourced semiconductor assembly and test (Osat) providers.

The Osat companies have got it going with a strong sales pipeline and earnings growth prospect, anchored by their expansion roadmap and robust balance sheet, said TA Securities Research in its latest report.

“We also expect them to continue benefiting from the global structural growth in chip demand, alongside the ongoing acceleration in digitalisation and proliferation of secular technology trends like 5G, artificial intelligence, cloud computing, Internet of Things, robotics and vehicle electrification,” it said.

It maintained its “overweight” stance on the technology sector
The star 10 June2022

Not reliable person anymore. U-turn here and there just to save the share price… but the truth is out.. tesla performance likely not good moving forward

Just look at this news, you know how will Genetec be doing... down hill of course.... Genetec is highly dependent on below...

Elon Musk is considering a hiring freeze and job cuts of up to 10% of staff at Tesla because he has a “super bad feeling” about the state of the economy, according to an internal email seen by Reuters.

https://amp.theguardian.com/technology/2022/jun/03/elon-musk-job-cuts-tesla-super-bad-feeling-economy-hiring-freeze

It’s silly to generalise all tech stocks for sell down. Some good ones like uwc, penta, vis, fpgroup, kgb, etc…can still hold/ collect..

Genetec going down…

Elon Musk is considering a hiring freeze and job cuts of up to 10% of staff at Tesla because he has a “super bad feeling” about the state of the economy, according to an internal email seen by Reuters.

https://amp.theguardian.com/technology/2022/jun/03/elon-musk-job-cuts-tesla-super-bad-feeling-economy-hiring-freeze

Interest rate up or not... all countries are fighting to secure chips supply, and especially with the polarization between Us and China, Malaysia is in good position to benefit from it......

Interest rate up or not... all countries are fighting to secure chips supply, and especially with the polarization between Us and China, Malaysia is in good position to benefit from it......

its TP should be at least 4.60 - 5.0.. buy and hold for a year and you will be rewarded...

This stock is full of potential.... tech is backkkk.... onboard!

Tech is backkk....... on board the train!

Tech is backkkkkkk.... on board the train....

Also note that EPF has started collecting since 17 May 2022 and have bought 2.05mil of Sime shares...!

It is still a good buy... esp low price now..

It is a good bet on this news if it happens:
Sime Darby Holdings Bhd (SDH) announced that SDH and Ramsay Health
Care Ltd (Ramsay) have received RM5.67bn (or USD1.35bn) conditional,
non-binding buyout offer from IHH Healthcare Bhd to acquire 100% of their
50:50 joint venture Ramsay Sime Darby Health Care Sdn Bhd (RSDH).
Analyst is POSITIVE on the deal as it enables the Group to
monetize its non-core assets, with the proceeds may be partly used to pay for
SPECIAL DIVIDEND.

Even if this deal doesn't materialize, Analyst expects Sime Darby to ride through the wave and sustain earnings into FY23. Demand for new cars (2.5-3 months backlog) and industrial equipment (RM3.9bn orderbook) remain ELEVATED.

Also GOOD dividend yield of almost 6.0%! And also capital upside!

Good to collect when price is Low...

Shrinking profit margin is TEMPORARY matter, it will revive in medium term..

Don’t worry… u will see in the upcoming good qtr result in June soon and it will rebound

WASHINGTON DC: Malaysia is expected to garner RM14.62 billion in new investments from the United States (US) following the Trade and Investment Mission (TIM) led by Senior Minister and International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali.

Azmin said many US-based companies had expressed their commitments to expand their operations and footprint in Malaysia during his 10-day US TIM which began on May 8.

"We are going to make some major announcements in the next few days in terms of the total new investments that have been committed by these companies," he told Bernama and TV3 reporters here, Tuesday.

Thus far, Azmin had met several high-technology (hi-tech) companies such global semiconductor company Texas Instruments Inc. and global materials supplier to the electronics assembly and semiconductor packaging industries Indium Corporation, and he is scheduled to engage with more hi-tech industry players on his next visits to San Francisco, Seattle and Los Angeles.

https://klse.i3investor.com/web/news/detail/249454

WASHINGTON DC: Malaysia is expected to garner RM14.62 billion in new investments from the United States (US) following the Trade and Investment Mission (TIM) led by Senior Minister and International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali.

Azmin said many US-based companies had expressed their commitments to expand their operations and footprint in Malaysia during his 10-day US TIM which began on May 8.

"We are going to make some major announcements in the next few days in terms of the total new investments that have been committed by these companies," he told Bernama and TV3 reporters here, Tuesday.

Thus far, Azmin had met several high-technology (hi-tech) companies such global semiconductor company Texas Instruments Inc. and global materials supplier to the electronics assembly and semiconductor packaging industries Indium Corporation, and he is scheduled to engage with more hi-tech industry players on his next visits to San Francisco, Seattle and Los Angeles.

https://klse.i3investor.com/web/news/detail/249454

WASHINGTON DC: Malaysia is expected to garner RM14.62 billion in new investments from the United States (US) following the Trade and Investment Mission (TIM) led by Senior Minister and International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali.

Azmin said many US-based companies had expressed their commitments to expand their operations and footprint in Malaysia during his 10-day US TIM which began on May 8.

"We are going to make some major announcements in the next few days in terms of the total new investments that have been committed by these companies," he told Bernama and TV3 reporters here, Tuesday.

Thus far, Azmin had met several high-technology (hi-tech) companies such global semiconductor company Texas Instruments Inc. and global materials supplier to the electronics assembly and semiconductor packaging industries Indium Corporation, and he is scheduled to engage with more hi-tech industry players on his next visits to San Francisco, Seattle and Los Angeles.

https://klse.i3investor.com/web/news/detail/249454

Malaysia is expected to garner RM14.62 billion in new investments from the United States (US) following the Trade and Investment Mission (TIM) led by Senior Minister and International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali.

Azmin said many US-based companies had expressed their commitments to expand their operations and footprint in Malaysia during his 10-day US TIM which began on May 8.

"We are going to make some major announcements in the next few days in terms of the total new investments that have been committed by these companies," he told Bernama and TV3 reporters here, Tuesday.

Thus far, Azmin had met several high-technology (hi-tech) companies such global semiconductor company Texas Instruments Inc. and global materials supplier to the electronics assembly and semiconductor packaging industries Indium Corporation, and he is scheduled to engage with more hi-tech industry players on his next visits to San Francisco, Seattle and Los Angeles.

https://klse.i3investor.com/web/news/detail/249454

Malaysia is expected to garner RM14.62 billion in new investments from the United States (US) following the Trade and Investment Mission (TIM) led by Senior Minister and International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali.

Azmin said many US-based companies had expressed their commitments to expand their operations and footprint in Malaysia during his 10-day US TIM which began on May 8.

"We are going to make some major announcements in the next few days in terms of the total new investments that have been committed by these companies," he told Bernama and TV3 reporters here, Tuesday.

Thus far, Azmin had met several high-technology (hi-tech) companies such global semiconductor company Texas Instruments Inc. and global materials supplier to the electronics assembly and semiconductor packaging industries Indium Corporation, and he is scheduled to engage with more hi-tech industry players on his next visits to San Francisco, Seattle and Los Angeles.

Here comes the resurgence of Magnum…

Magnum 1Q net profit more than doubles to RM16.5mil

https://www.thestar.com.my/business/business-news/2022/05/19/magnum-1q-net-profit-more-than-doubles-to-rm165mil

Also don't let the RSS gang win... hold on to your position.. This is solid stock....

This temporary blip is merely due to overall market sentiment...

The fact that EPF has been collecting UWC confidently from months to month (Mar, Apr May) is indicating something is brewing.... stay tune...

Don't worry the market is only flushing out the weak holders... it will rebound...
this is the chance to collect cheap now...

Inari Amertron Bhd posted a 10% increase in its net profit for the third quarter ended March 31, 2022 (3QFY22) to RM90.48 million from RM81.95 million in the previous year’s corresponding quarter amid higher revenue growth across all business segments. Its revenue for the quarter grew 5% to RM360.34 million from RM342.93 million a year ago. It proposed a 2.2 sen per share dividend for the quarter. For the nine months ended March 31, its net profit rose 25% to RM304.7 million from RM242.11 million a year earlier, while revenue jumped 13% to RM1.21 billion from RM1.07 billion previously.

This is future industry business…collect collect collect

Pentamaster Corp Bhd’s net profit rose 26.9% to RM20.4mil in the first quarter ended March 31, from RM16.07mil a year ago.

The semiconductor equipment vendor and automation group saw its revenue grow 26.8% to RM146.02mil from RM115.17mil.

https://www.thestar.com.my/business/business-news/2022/05/12/pentamaster-1q-net-profit-jumps-27

When overall market down, it’s good opportunity to collect at low prices..

Now with chip shortage and demand more than supply, manufacturer is expanding and Kgb is in good position to obtain lots of projects with good profit margin..

Kelington Group Bhd's wholly-owned unit, Kelington Engineering (Shanghai) Co Ltd, has bagged a contract to perform gas hook up works in Beijing, China.

In a filing with Bursa Malaysia, Kelington said the 123 million yuan contract (worth approximately RM80 million), was awarded by China's largest semiconductor foundry.

https://www.theedgemarkets.com/article/kelington-unit-bags-rm80m-contract-china

Correction coming… beware

Buy buy buy… it has lots of contracts..

It’s getting cheaper and good to collect..

Sales r expected to be strong..

Don’t listen to all the scaremongers… they r just empty tin trying to drum up noises to scare those who r weak…
Regardless the interest, all over the world is shortage of chips and with 5g.. Inari will do well.. and don’t forget they r venturing into China..
These r short term blips..

Buy buy buy

Correction coming… better take profit and chao first

Labour weighs on planters’ earnings (TheStar 28.4.22)

United Plantations Bhd, which is among the first planters to release its 1Q22 results, saw higher CPO prices as a double-edged sword to its profit.
A sharp 121% increase in the WINDFALL TAX of RM20.4mil REDUCED United Plantations’ net profit by a fifth to RM59.69mil in 1Q22 from RM74.83mil in the same corresponding period in 2021. Revenue, however, increased by 60.87% to RM642.91mil compared with RM399.65mil, due to revenue in the plantation and refinery segments.

On a quarterly basis, the plantation group’s net profit TUMBLED by 61.1% from RM154.15mil in the immediate preceding quarter (4Q21) while revenue jumped by 22.34% from RM525.50mil in 4Q21.

An analyst with a bank-backed brokerage said “IT WILL BE NO SURPRISE if more planters were to announce similar 1Q22 results as United Plantations despite enjoying record high CPO ASP in recent months.”

@chai2145 obviously u know Nothing about analysing company like kgb.. their outstanding order book is in billions and it will only keep adding….

KUALA LUMPUR (April 26): Kelington Group Bhd said the group has accepted a letter of intent for an onsite industrial gases supply scheme with an expected revenue of RM180 million over a 10-year period.

https://www.theedgemarkets.com/article/kelington-accepts-letter-intent-10year-onsite-industrial-gases-supply

Pentamaster eyes expansion to Germany, setting up offices in Indonesia, Middle East

https://www.theedgemarkets.com/article/pentamaster-eyes-expansion-germany-setting-offices-indonesia-middle-east