Kesm has priced in the worst scenario, where US-China tension escalate into a more intense conflict. Malaysian investors tend to overreact more than investors in other countries do.

PHLX semiconductor index was 1287.70 on 2 Januay. It ended with 1,265.25 last Friday. It was down only 1.7% compared to the value on 2 January. Kesm is down 24.1% compared to the stock price on 2 January.

Donald Trump’s $150 Billion Tariffs On China Would Not Impact Ivanka Trump’s Chinese
Manufacturing Line
https://www.inquisitr.com/4858180/donald-trumps-150-billion-tariffs-on-china-would-not-impact-ivanka-trumps-chinese-manufacturing-line/

Donald Trump’s $150 Billion Tariffs On China Would Not Impact Ivanka Trump’s Chinese Manufacturing Line https://www.inquisitr.com/4858180/donald-trumps-150-billion-tariffs-on-china-would-not-impact-ivanka-trumps-chinese-manufacturing-line/

Beijing has not yet set a date when its tariffs will become effective, suggesting that Chinese policymakers still see room for extending the current negotiations, according to Raoul Leering, head of international trade analysis at ING, the Dutch bank.

“It is likely that China will, in the end, cut its losses and be willing to give Trump something, given the large dependency of the Chinese economy on American demand,” said Mr Leering.

UBS has told its clients to stay invested while global growth and corporate earnings remain supportive of further equity gains. But it is also holding more defensive positions, including an overweight in US 10-year Treasury bonds as well as exposure to the Japanese yen, which it expects to perform well if there is a broader downturn in stock markets.

BlackRock, the world’s largest asset manager, urged its clients to hold their nerve.

Richard Turnill, BlackRock’s global chief investment strategist, said the US actions targeting Chinese imports were “an opening gambit for negotiations” rather than the start of a full-blown trade war.

“We expect Beijing to try to address its trade deficit with the US by opening up Chinese markets in the medium term.”

BNP said the probability of a full-blown US-China trade war was “low”, so there was no immediate need to adjust portfolios to a fully defensive strategy, but the trading environment had become riskier and investors should buy protection against increased volatility and the threat of a broader sell-off.

Trump’s trade war conveniently targets Ivanka’s fashion competitors
https://shareblue.com/trump-trade-war-ivanka/

Trump’s trade war conveniently targets Ivanka’s fashion competitors
https://shareblue.com/trump-trade-war-ivanka/

There’s a New Problem With Trump’s Attacks on Amazon
https://www.motherjones.com/politics/2018/04/theres-a-new-problem-with-trumps-attacks-on-amazon/

http://www.enanyang.my/?p=1022833
中美贸易战也有赢家
渔翁得利的国家是它们:大马出口半导体产品

http://www.enanyang.my/?p=1022833
中美贸易战也有赢家
渔翁得利的国家是它们:大马出口半导体产品

Warren Buffett and Ray Dalio agree on what to do when the stock market tanks
https://www.cnbc.com/2018/04/06/warren-buffett-and-ray-dalio-agree-on-what-to-do-when-the-market-tanks.html

Vitrox is still expensive.

When the sell-down occurred, TA Research on Wednesday issued a report upgrading technology stocks to “overweight,” noting that growth is still seen in the sector despite the sell-down.

TA Research notes that the Bursa Malaysia’s Technology Index, which is down by some 25% in the year to date, presents some buying opportunities.

When the sell-down occurred, TA Research on Wednesday issued a report upgrading technology stocks to “overweight,” noting that growth is still seen in the sector despite the sell-down.

TA Research notes that the Bursa Malaysia’s Technology Index, which is down by some 25% in the year to date, presents some buying opportunities.

Trade war – more of letting off hot air so far | http://www.klsescreener.com/v2/news/view/363603

When the sell-down occurred, TA Research on Wednesday issued a report upgrading technology stocks to “overweight,” noting that growth is still seen in the sector despite the sell-down.

TA Research notes that the Bursa Malaysia’s Technology Index, which is down by some 25% in the year to date, presents some buying opportunities.


Read more at https://www.thestar.com.my/business/business-news/2018/04/07/buying-opportunity-in-tech-sector/#GEH4xwkMvvgLLi2S.99

When the sell-down occurred, TA Research on Wednesday issued a report upgrading technology stocks to “overweight,” noting that growth is still seen in the sector despite the sell-down.

TA Research notes that the Bursa Malaysia’s Technology Index, which is down by some 25% in the year to date, presents some buying opportunities.

There's 'no fundamental problem' with the US trade deficit, Harvard economics professor says
https://www.cnbc.com/2018/04/06/ambrosetti-forum-no-problem-with-us-trade-deficit-professor-says.html

CIMB Research does not expect the appreciation in ringgit against US$ to bring material earnings impact to KESM, given that the majority of its transactions are in ringgit.

https://www.thestar.com.my/business/business-news/2018/03/09/kesm-to-post-robust-earnings-until-fy20-says-cimb-research/#YWVdgFYPsTqk3mgB.99

Trump’s Monthly Approval Rating Hits Record Low in March
https://morningconsult.com/2018/04/05/trumps-monthly-approval-rating-hits-record-low-in-march/

Trump retains positive approval rating in Missouri, but lags in many other key '18 Senate race states
http://www.stltoday.com/news/local/govt-and-politics/trump-retains-positive-approval-rating-in-missouri-but-lags-in/article_d4c18fba-0bda-5fe0-8bf5-dcd7096b7e00.html

Trump retains positive approval rating in Missouri, but lags in many other key '18 Senate race states
http://www.stltoday.com/news/local/govt-and-politics/trump-retains-positive-approval-rating-in-missouri-but-lags-in/article_d4c18fba-0bda-5fe0-8bf5-dcd7096b7e00.html

Kesm was down 17.45% yesterday due to some people's misleading activities here.

Misleading and deceptive comments...

https://www.sc.com.my/post_archive/sc-warns-investors-over-pump-and-du...

How to lodge an official complain:

1. https://www.sc.com.my/lodge-complaints-2/captmarket/
2. https://aduan.skmm.gov.my/Complaint/AddComplaint?NOSP=1

Just complain filed on fanchong !

Larry Kudlow: Trump's tariffs on China may not go into effect

https://www.cnbc.com/2018/04/04/larry-kudlow-says-trump-china-tariffs-may-not-take-effect.html

Larry Kudlow: Trump's tariffs on China may not go into effect
https://www.cnbc.com/2018/04/04/larry-kudlow-says-trump-china-tariffs-may-not-take-effect.html

Asia shares bounce from two-month lows as U.S.-China trade war fears ease
https://www.reuters.com/article/us-global-markets/asia-shares-bounce-from-two-month-lows-as-u-s-china-trade-war-fears-ease-idUSKCN1HC02L

haha

Asia shares bounce from two-month lows as U.S.-China trade war fears ease

https://www.reuters.com/article/us-global-markets/asia-shares-bounce-from-two-month-lows-as-u-s-china-trade-war-fears-ease-idUSKCN1HC02L

Remember after Trump proposed tarffs on steel, a lot of countries are excluded...?
There will be much room for discussing tariffs both of the counties proposed.

the latest tariffs are just proposals, hahaha

he latest tariffs are just proposals,

the latest tariffs are just proposals

the latest tariffs are just proposals, haha.

trade war has not started yet. Yesterday most investors misunderstood that a trade war had started.

The trick is that the US and China did not state when tariffs would be effective, so there is still possibility of discussion about trade tariffs...

A trade war has not started yet. Yesterday most people misunderstood that a trade war had started.

The trick is that the US and China did not state when tariffs would be effective, so there is still possibility of discussion about trade tariffs.

A trade war has not started yet. Yesterday most traders misunderstood that a trade war had started.

The trick is that the US and China did not state when tariffs would be effective, so there is still possibility of discussion about trade tariffs.

A trade war has not started yet. Yesterday most Malaysians misunderstood that a trade war had started...

The trick is that the US and China did not state when tariffs would take into effect, so there is still possibility of discussion about trade tariffs.

A trade war has not started yet. Yesterday most Malaysians misunderstood that a trade war had started.

The trick is that the US and China did not state when tariffs would be effective, so there is still possibility of discussion about trade tariffs.

A trade war has not started yet. Today most Malaysians misunderstood that a trade war had started.

The trick is that the US and China did not state when tariffs would be effective, so there is still possibility of discussion about trade tariffs.

I think the stock will move back to 16.00 tomorrow.

陸狂攬半導體產業 祭5年免稅新政
http://www.chinatimes.com/newspapers/20180331000124-260303

Its P/E is too low now.

KESM plunges 16% amid fears of heightened US-China trade war

According to its latest available annual report, the Chinese market contributes about 20% to its revenue for the financial year ended July 31, 2017.

But it wasn't just KESM that was feeling the pain, as the rout hit other tech stocks such as ViTrox Corp Bhd — 21% of its revenue is derived from the Chinese market — slid as much as 47 sen to breach the RM5-level by mid-morning. The stock is currently trading at RM4.96.
https://www.theedgemarkets.com/article/kesm-plunges-16-amid-fears-heig...

Vitox was down 7.71% today, while Kesm was 17.45% today.
Sunright was down 7.23%.

Kesm was oversold.

WASHINGTON (Reuters) - U.S. Commerce Secretary Wilbur Ross said on Wednesday he expects trade actions between the United States and China will likely lead to a negotiated deal, but that it was unclear whether such talks would happen by the end of May or later.

"It wouldn't be surprising at all if the net outcome of all this is some sort of a negotiation," Ross said in an interview with CNBC. "It's very difficult to put a specific time denomination on negotiations that are as complex as these."
https://money.usnews.com/investing/news/articles/2018-04-04/ross-says-us-china-trade-actions-likely-to-be-negotiated-cnbc

China's response is a surprise for some people," said Julian Evans-Pritchard, senior China economist at Capital Economics, noting that neither said had yet called for enforcement of the tariffs.

"It's more of a game of brinkmanship, making it clear what the cost would be, in the hopes that both sides can come to agreement and none of these tariffs will come into force," he said.

Beijing's list of 25 percent additional tariffs on U.S. goods covers 106 items with a trade value matching the $50 billion targeted on Washington's list, China's commerce and finance ministries said. The effective date depends on when the U.S. action takes effect.

MPI - 1.88%
Unisem 0%
Pentamaster - 1.40%
Vitrox -0.9%
Globetronics 0%
KESM -5.19%

Unisem 0%
Pentamaster - 1.40%
Vitrox -0.9%
Globetronics 0%
MPI - 1.88%
KESM -5.19%

Pentamaster - 1.40%
Vitrox -0.9%
Globetronics 0%
Unisem 0%
MPI - 1.88%
KESM -5.19%