wow lai le..! cheers bros~

looks like ATAIMS's labor issue is not mild..anyone knows how's VS's situation?

From UOB Kayhian,
Inari recorded its fifth consecutive yoy growth with a record-high profit, thanks to marvelous RF sales amid the 5G technology refreshment cycle. The group also executed its first multi-pronged growth strategy via horizontal integration, which will be done via a JV setup in China with CFTC for OSAT manufacturing in the China market. Further earnings-accretive M&A activities could uplift its market cap for the potential FBMKLCI inclusion. Maintain BUY with a higher target price of RM4.40.

thanks for the input york, appreciate it as always:)

congrats guys! improved revenue, improved profits, improved margin and increased dividend!

yes @Shen700, according to cimb la :-)

cheers bros! looks like the market anticipates a fantastic qr to be released later..^_^

wow @shareinvestment7, u are right! finally bonus is here!!
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3207330

yes abangRedTea, mostly likely tmr or fri...hopefully management provide some updates on the new kaoshiung facility...

need to ''beat'' the 30th component out first, i think its dialog? 16.x billion cap..end of dec review..

wow strong qr even with full mco earlier!

true purebull, full mco was 1 of the reasons..also mentioned in the qr :-
"There were some rescheduling from customer to postpone the equipment installations due to the introduction of strictest lockdown measures by certain country."

''strictest lockdown measures by certain country''...

the prohibit one is strong liquor rite...not beers? similar to supermarkets, after certain hours the sales of alcohol is stopped..

thanks billybutcher!

anyone remember Jhm has announced some time ago that it was exploring EV's charging station or its equipments or smth? did that materialise into a proj or contract?

question, is the ''one-off'' tax will be repeating again in the coming years? making it every year also got such ''one-off'' ? =_=

but they have raised the selling prices rite like cheeseburger posted? that should provide some cushion to the costs/tax?

a strong rebound from EMA10 line to form a solid white candle to engulf the previous two black candles with 21.8m volumes...

ya, considering ipoh plant closed due to covid cases and also full mco earlier..And a 2sen pleasant surprise...before share split it gave 2sens...after split 1:1 still giving 2sens! Thank u Unisem management..

wow its running le! cakes moon, how did u know it will run?

i think drop in q-o-q is due to the reduced capacity imposed earlier during month of july, also mentioned by management in the report. But looking at the increased size of inventory, increased deposits by customers during this q3 and elevated receivables, business will continue to be busy:)

yes nice! 2.45sen distribution :)

From cimb:-
Consensus ratings*: Buy 20 Hold 2 Sell 0

We raise our FY22-24F EPS by 2-5% to account for higher contribution from ATK
following new capacity expansion to support the new China OSAT JV. We reiterate our
Add call with a higher RM4.50 TP, as we rollover our valuation to end-2022. We peg our
valuation to 34x CY23F P/E, +1 s.d. above its 3-year historical mean.

@smartly, they declare semi-annual basis..according to this - https://klse.i3investor.com/blogs/kianweiaritcles/2021-06-21-story-h1566941926-IGB_Commercial_REIT_15_Key_Things_Investors_Should_Know_smallcapasia.jsp

on whether how much they will declare, i think we can get a glimpse of how much they earn for this qr (end sept) then we can roughly estimate 90% of the income to be distributed..

thanks for the tip AbcSoup2020!

getting nearer to quarter results release...price playing catch-up to fundamentals? :)

@suprnoob, someone posted that apple might slash 2021 iphone13 targets by 10mil units due to chip supply crunch. a very short-sighted news, or someone is trying to get apple/related stocks cheap...bcoz if the demand is there, the 10mil units will come back again...so whether 3mths now or 3mths later, the 10mil units will still come..

https://www.bloomberg.com/news/articles/2021-10-13/apple-finally-falls-victim-to-never-ending-supply-chain-crisis?srnd=premium-asia

from cimb :-
Unisem is scheduled to release its 3Q21F results on 26 Oct. To recap, the group guided for 5-8% qoq US$ sales growth in 3Q21F in spite of the initial 11-day plant closure in Jul-Aug. However, we believe the second plant closure, which lasted for 7 days, coupled with headcount limits led to lower or even flattish qoq sales delivery in 3Q21F. Nevertheless,
we still think that Unisem will be able to catch up with production in 4Q21F in line with higher vaccination rates among its employees and greater worker availability as more employees return from mandatory quarantine leave. Overall, we believe this should translate into higher utilisation in 4Q21F.

From Dbs:-
Maintain BUY with higher RM2.00 TP. Post earnings adjustment and rolling forward our valuation base year to CY22 (from FY22), our TP for VSI is revised higher to RM2.00 based on a target PE of 20x.

With new customer wins and robust orders from existing customers, VSI’s earnings outlook for FY22-23 appears to be increasingly positive. The company also expects its existing production capacity to be fully filled up by 2021. In addition, we believe fears of a large order reduction from Customer X will continue to dissipate, as its contribution is gradually diluted by other key customers going forward. Hence, we maintain our BUY recommendation.

yes. very likely due to portfolio rebalancing/index rebalancing activities, if u noticed that today is 30-Sept, last day of the quarter..

from cimb:-
We see potential re-rating catalysts for Inari from potential M&A, stronger-than-expected radio frequency (RF) chip demand and new customer wins. We project a CY20-23F core net profit CAGR of 25%.Inari is also a constituent of the Bursa FTSE4Good Index. Rating : ADD, TP RM4.00

just noticed the inventory has jumped from 407mil to 633mil! looks like orders are strong with the new plant in johor! no wonder its upgraded..

9 hours ago — VS Industry Bhd (VSI:MK) PT Raised to MYR2.15 at Daiwa Securities.

6 days ago - Credit Suisse analyst Danny Chan initiates coverage on Frontken Corp Bhd. (FRCB:MK) with a Outperform rating and a price target of MYR4.30.

patiently waits for the numbers to come in from the new suzhou plant's expansion and the status of ipoh's plant expansion progress..

iphone13 pre-orders soar!
https://www.marketwatch.com/articles/iphone-13-preorders-china-demand-51632407223?mod=mw_latestnews

this is good sharing! thanks pureBull!

@i3kyan, haven't seen any related news, but shud be fund mgrs swapping stocks. Afternoon came back to close at 1.92. no worries :)

Dan Ives, a Wedbush Securities analyst, estimated that roughly 250 million iPhone users — out of nearly 1 billion who own Apple’s phones — have not upgraded in more than 3.5 years, calling it a “massive pent-up demand within Apple’s installed base.”

https://www.marketwatch.com/story/apples-iphone-13-upgrades-are-boring-but-they-will-still-sell-11631664870?mod=home-page

1. >300m spent in capex in the past 6mths; 100% production capacity going fwd.
2. Carsem suzhou's 50k sq ft expansion plant completed early, may see some contributions in sept, if not q4.
3. Ipoh site 70k sq ft expansion underway, contributions coming in q4?
4. New china factory in 2022.
5. Acquisitions of module/design house to expand further.

@ongmari, alrite bro! rmb to ping me, i oso mau some ya ^_^

interested investors can take a look at TA's report after the briefing here:-
https://eresearchsystem.bursamalaysia.com/eResearch/webdownload.pub?id=33231

interested investors can read on the investors briefing slides at the mpi official website:-
http://www.mpind.my/Investors'Briefing/Latest.asp

@ongmari, what is the price of the dip u are aiming at? :)

steady revenue growth, consistent receivables, a jump in inventory probably due to the commencement of suzhou's plant..Q2 experienced FMCO in ipohs plant, Q3 shud be 80-100% force, Q4 shud be the most anticipated one as suzhou's plant coming on board.

From DBS Group Research :-
Valuation and recommendation
Raise FY22-23 EPS by 8-9%. We raise our FY22-23 earnings forecasts by 8-9% after adjusting for higher sales growth assumption and lower effective tax rate.

Maintain BUY with higher RM4.30 TP. Inari has completed its 10% private placement and raised about RM1.0bn, which we think could be a prelude to something bigger – i.e. securing new major customers or executing value-creating M&A.

Coupled with secured earnings visibility driven by its RF segment, we expect Inari’s valuation re-rating to continue, which is also helped by positive equity fund flows into the tech sector. We maintain our BUY call on Inari with a higher revised TP of RM4.30, based on 35x CY22 PE.
Key risks include: 1) Weaker-than-expected 5G smartphone sales, especially of the US end-customer; 2) Sharp depreciation of USD against MYR; and 3) Global economic slowdown.

thanks for the sharing zjchong98!

good news! yes. bursa has approved, now waiting patiently for management to pick a date and announce..:)

wow @shareinvestment7, if this is true, really good news!!

Fantastic news, insiders knew ahead!
http://www.insage.com.my/ir/cmn/AnnouncementAlert.aspx?NewsID=202108265000004&Symbol=0208&Theme=99

not too bad...and a surprise of 10sen divy..nice.!