Today

MMSV +7.27%
Visdynamics+10.17%
Inari +10.46%
Pentamaster +9.41%
Kesm +4.42%

Today

Visdynamics+10.17%
Inari +10.46%
Pentamaster +9.41%
MMSV +7.27%
Kesm +4.42%

Today

Kesm +4.42%
Pentamaster +9.41%
Inari +10.46%
Visdynamics+10.17%
MMSV +7.27%
Kesm +4.42%

Today

Pentamaster +9.41%
Inari +10.46%
Visdynamics+10.17%
MMSV +7.27%
Kesm +4.42%

Today

Inari +10.46%
Pentamaster +9.41%
Visdynamics+10.17%
MMSV +7.27%
Kesm +4.42%

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/

KESM INDUSTRIES BHD
https://klse.i3investor.com/servlets/forum/600153082.jsp

The stock price may move back to 17.54.

Ross added that some US punitive action against Beijing has been “coming for a while” over China’s predatory behaviour involving technology. “What we’re talking about on both sides is a fraction of 1% of both economies,” Ross said.

The tariffs will not take effect immediately. The US government is inviting public comment on its trade sanctions through 11 May and will hold a hearing on the plan on 15 May. China set no date for its 25% duties to take effect, saying it was waiting to see what Trump did.

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.

In Malaysia, Sunright’s semiconductor burn-in, testing and electronic manufacturing (BIT&EM) services are provided through its 48%-owned subsidiary, KESM Industries, which is listed on Bursa.

Sunright Limited, a main board listed company on the Stock Exchange Securities Trading Limited, ( SGX: Sunright ) is the world’s largest independent “test and burn-in” service company and a leading manufacturer of parallel test equipment. Sunright has facilities in Singapore, Taiwan, Philippines, China and the United States. Its associate company, KESM Industries Berhad, listed on the Bursa in 1994, engages in providing “burn-in and testing” services as well as Electronic Manufacturing Services (EMS). Together, it has a workforce of more than 2,000 employees.

Sunright is down only 1.20%. Overreacrion haha

Many consumer electronics products such as cellphones made by Apple Inc. and laptops made by Dell were excluded, as were footwear and clothing, drawing a sigh of relief from retailers who had feared higher costs for American consumers.

But the USTR did include some key consumer products from China, including flat-panel television sets and motor vehicles, both electric and gasoline-powered with engines of 3 liters or less.

Other semiconductor stocks are not so bearish. Buy now. It will rebound.

Emerging Markets Get Thumbs Up After Staring Down Tough Quarter

https://www.bloomberg.com/news/articles/2018-04-01/emerging-markets-get-thumbs-up-after-staring-down-tough-quarter

Emerging Markets Get Thumbs Up After Staring Down Tough Quarter
https://www.bloomberg.com/news/articles/2018-04-01/emerging-markets-get-thumbs-up-after-staring-down-tough-quarter

19.50 today

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

OSAT股超卖　打开逢低买进大门
http://www.orientaldaily.com.my/s/237075


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But Kesm does not export semiconductor to the US or China. It offers testing services.

高伟获3520万回教融资 | http://www.klsescreener.com/v2/news/view/359507

Malaysia’s tech sector could be affected if US extends tariffs | http://www.klsescreener.com/v2/news/view/359527

Insights from the Bank's regional economic surveillance suggest that exports of semiconductors for the automotive market is likely to remain firm on account of rising semiconductor content per vehicle and growing demand for advanced vehicle safety, infotainment and comfort systems," BNM said.

BNM forecasts Malaysia 2018 export growth at 8.4% | http://www.klsescreener.com/v2/news/view/359297

US seeks China trade moves on autos, financials, chips | http://www.klsescreener.com/v2/news/view/358435

Semiconductor stocks turned in some of the market's best performances on the day, driving the Philadelphia Semiconductor Index up by 4.2 percent.

Semiconductor stocks turned in some of the market's best performances on the day, driving the Philadelphia Semiconductor Index up by 4.2 percent.

Wow. Phlx semiconductor index was up 4.24% yesterday.

China offers to buy more US semiconductors to cut trade surplus
https://www.cnbc.com/amp/2018/03/26/china-offers-to-buy-more-us-semiconductors-to-cut-trade-surplus-ft.html

Electronics was once again the star performer, expanding 17.4 per cent last month compared to a year ago. This was attributed mainly to the booming semiconductors segment, which posted a robust growth of 26.7 per cent.
http://www.straitstimes.com/business/economy/singapore-factory-output-up-89-in-february-better-than-expected

Buy oversold stocks tomorrow.

Festival tomorrow.

Write a comment..Hibiscus says postings on klse.i3investor not made by its MD | http://www.klsescreener.com/v2/news/view/358151

Todsy Sunright was up 2.86%. Kesm is likely to move back to 20.00 tomorrow.

Dow opens 400 points higher as trade tensions ease
https://www.cnbc.com/2018/03/26/us-stock-futures-dow-data-fed-speeches-and-politics-on-the-agenda.html

How Singapore’s wealth fund invests in technology companies | http://www.klsescreener.com/v2/news/view/358193

https://www.cnbc.com/2018/03/26/us-stock-futures-dow-data-fed-speeches-and-politics-on-the-agenda.html

Nikkei 225 surged in the afternoon.

Nikkei 225 surged in the afternoon. Buy Malaysian stocks.

Judging from global stocks in the morning Malaysian stocks will not be impacted much.

ASX 200 is down 0.59%. In the afternoon, Asian stocks are likely to surge.
26/03/2018 08:40

http://jamaica-gleaner.com/article/world-news/20180325/china-appeals-cooperation-it-warns-trade-war

Paper tigers? US and China in dispute over tariffs but trade war looks remote
https://www.theguardian.com/business/2018/mar/25/us-china-trade-tariffs-paper-tigers

Paper tigers? US and China in dispute over tariffs but trade war looks remote
https://www.theguardian.com/business/2018/mar/25/us-china-trade-tariffs-paper-tigers

US’ sanctions plan on China has minimal impact on Malaysia | http://www.klsescreener.com/v2/news/view/357229

US’ sanctions plan on China has minimal impact on Malaysia | http://www.klsescreener.com/v2/news/view/357229

N.American semicon makers posted global billings of US$2.41 billion in February, says SEMI | http://www.klsescreener.com/v2/news/view/357275

Steel stocks poised for re-rating | http://www.klsescreener.com/v2/news/view/356133

Steel stocks poised for re-rating | http://www.klsescreener.com/v2/news/view/356133

Malaysia on track to complete autonomous vehicle R&D by 2025 | http://www.klsescreener.com/v2/news/view/356633