@Myeye

What do you think about IHH or Sunway?

@bang_miskin

Agreed.

I doubt that it will reach RM4 as it looks stabilise and negative news eg: drop in ASP and global demand already factored in

Unless there is external shock from overseas market or political issues in the country or even Covid spreading in Harta factory.

Why the gov can't replicate what MYEG is doing?

There's not much high tech system being deployed.

No special app for car tax renewal or AI system for renewal of foreign worker permit.

Labour shortage is really a downfall for most companies.

Ever since, 1st MCO started, companies- that invested automation pre-pandemic would benefits from it.

Likely other EMS may also be affected from this acute labour shortage.

Hopefully, in the future they can build some factories in selangor which are closer to airport for export market rather than in melaka.

@staypositive

I doubt so.

Their focus likely in car entertainment aka ICE that will go seamless with iphone and apple watch.

Building cars are a totally different segment all together.

Mr Foo selling his ESOS share. It's normal.

Dato Thong selling his bonus issue shares. Rarely will happen for this one.

Actually, not all companies 110 companies mentioned are affected.
Some companies have pioneer status on tax while others have tax allowance on capex spending for digitalised their biz.
Besides that, there are many tax incentives in many areas where companies can explore. Some companies may choose also to reduce profitability by taking 2022 as a year on greater investment or capex spending elsewhere.

I guess Stanley Choi didn't expect so many fund raising after his entry.

With crude oil above USD80 pbl, he will need to either double up or side bet on AA.

@OldWiseMan100

In other words, have to rely FULLY and trust the ex-KLK guy and his teams to run it.

I think this dilemma comes in wther Emery Oleo is a good investment.
Sime Darby was instrumental in running the biz where sime darby is a specialist in palm plantation and semi finished oleo chemical products. But Emery didn't do well and still making losses.
Of course, then comes MFCB without any experience and knowledge taking risk in jump starting and planning to turn around Emery looks far fetch.
If they do well, it can be profitable, otherwise it would be a drag to MFCB.

Maybe we should setup a public investment group and accumulate 30% of the company's share and appoint a representative.

Then can have some influence at management level.

@fortheemprah

Give you more opportunity to buy lower.

@MoneyMakers

Let's see if your simple theory proves correct by end of this year.


Posted by MoneyMakers > Nov 17, 2021 1:09 PM | Report Abuse

Prepandemic ASP = prepandemic profit = prepandemic share price (65sen)..simple

Waiting for quarter result to be release by this month to know more.

Anyway, bonus issue should concluded by dec 2021. Reward for all holding for so long since last bonus issue was in 2017.

CTOS is back online.

https://www.klsescreener.com/v2/announcements/view/3457861

Hopefully, next quarter result, management will provide some updates on the China OSAT expansion focusing on high margin items eg:IC design, optoelectronic related to automotive, etc

@yorkyork

Will wait for latest quarter result on Nov30 to see whether it's in the black.

What price you got in?

@MoneyMakers

I doubt that supermax can back to it's pre-pandemic price of 65 cent.

If it does , it will be good steal.

Pre-pandemic, the production capacity is only 21bil pcs with ASP=USD20 per 1000.

Currently as at september 2021, production capacity is already 30bil pcs with ASP=USD38 per 1000.

@yorkyork

But global foundries still making losses despite semicon demand surge since 2020.

I think the management has issues.

Next thurs is Inari AGM.

Hope to get some future direction and company's OSAT planning in China.

@richardsharing

Yup,very much agreed.

This is Inari thread.

If Insas is a good counter, it would do well without much advertising.

@Keyman188

ATA being an EMS manufacturer diff products as compared with SKPRES, UWC, VS,etc.

Depends on the products, the profit margin is diff.

Looking at the company's background, they are pursuing volume or revenue growth and less emphasis on profit margin.

@AnakUlarSawa

Refer to Bursa annoucement and news article. The SBB is up to 2.4 bil based on current retained profit.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=212501&name=EA_DS_ATTACHMENTS

https://www.klsescreener.com/v2/news/view/908543/top-glove-on-course-to-buy-back-more-shares

--------------------------------------------------------------------------------------------

Posted by AnakUlarSawa > Nov 12, 2021 4:53 PM | Report Abuse

Since when TG used rm2.4b for SBB. you plucked the number from the sky kah. Dont jelas lah. TG green you so jelas leh. You Tiger sent one macai kah. Newly recruited Tiger macai kah. Nama pun newbie leh. Correct?


newbie8080 Management should declare dividend of 28 cent instead of share buy back of rm2.4 bil.
Really doubting the MD ability.
12/11/2021 4:24 PM

Management should declare dividend of 28 cent instead of share buy back of rm2.4 bil.
Really doubting the MD ability.

Seems the 5G approach monopolised by DNB not favorable by the big 3 telco companies as none of them are signing up their network to participate.

I believe the big 3 telcos generals may be thinking out of the box by forming a Telco 5G Alliance/consortium to share 5G infra which benefits long term asset utilization and cost control.

Likely SD will sue SC as well in view that their decision seems not in favour of SD in reference to the SIR release.

Not sure what is the consequences of suing 3 parties of which 1 is a regulator and the other 2 is big Four firm.

Nexia might be the 4th being sued.

I would think SD would have not have any benefit doing that but rather damages to it's own corporate image domestically and internationally.

No eye see.

@bang_miskin

Have you tried investing rather than trading it short term?

For example, keeping Harta which you bought at RM X price.

Leave it there for retirement @ age 60 or greater than 10 years whichever greater.

Accumulate more funds and look out for other gems as well.

Hopefully, a good Q4 result coming soon.

Bro KYY, just would like to re-iterate your article that trading stocks is easier than doing biz?

What about the scenario where AYS went from 10sen to 5sen?

According to Oxford Dictionary, invest is define as put (money) into financial schemes, shares, property, or a commercial venture with the expectation of achieving a profit.

Well, holding companies normally don't perform well especially in reflecting with full value of the portfolio it holds.

Many examples in Bursa where pe differs between holding company and it's portfolio eg: Batu Kawan/KLK, Sunway/Sunreit/Suncon, IGBB/IGBREIT/IGBCR, Bjcorp/BJtoto/Bfood, etc

International examples, Nasper/Prosus/Tencent , SK Group/SKinnovation/SK Hynix/SK Chem, etc

The CEO last sold a small portion of his shares on 25th Oct 2021.

I think the share slide has nothing to do with him.

Besides that, Q4 result was bad due to MCO period whereby less people are transacting via e-wallet and most malls + shops are closed during the period. Currently, MCO is already phase 4, expected the numbers to surge in next few quarters due to ease of movements and higher e-wallet transactions as shopping malls and retailers are open for biz.

@stingray_ea

It's just a period of consolidation for next few months till all the earnings and ASP are normalised.

Long term fundamentals remain unchanged post pandemic.

Glove currently has no replacement and much needed in many sectors.

Counter going to be suspended tomorrow.
Still interested to buy in?

Wow.

SD sues Bursa Malaysia.

Who's next ?

SC, BNM or MASB.

@stockraider

You posted in wrong thread.

Besides that, to have the best impact for investment Inari is better than Insas to realise the actual values. Else, always have the valuation gap difference.

Similar to IGB/IGB REIT, SUNWAY/SUNWAY REIT, NASPER/PROSUS/TENCENT, BATUKAWAN/KLK.

Next 1-2 weeks will know more when QR release

Let the QR release in next few weeks.

Then you can decide.

It can avoid be tax 33% as likely pre-tax profit would be RM100mil and below for 2022.

The QR report didn't provide more details on whether frontken will expand into other countries eg: US and Japan where their existing customers are planning new plants.

@bang_miskin

You can always put order at the price you are selling.

No need to wait for the price to arrive then input. Lol.

Did I read it wrongly?
The article says Dufu revenue increased to HDD.

I thought now most computers or laptops using SSD.

I saw a few CU outlet in Puchong recently.

It's really expanding fast but hopeful able to break even in 1-2 years.

Philippines- 33,000 sqm
China- 4,650sqm
Penang-78,472 sqm

Total = 116,000 sqm

Inari JV with China Fortune-Tech Capital Co Ltd (CFTC) to carry out outsourced semiconductor assembly and test (OSAT) manufacturing and related businesses for the Chinese market has a new 1 million sqft or 93,000 sqm.


That is almost 80% of Inari entire production since inception.

We can almost be certain that revenue and profit after tax should grow at least another 80%.

Inari also looking into new high value areas such as IC design, materials, equipment, and IP services.

@s3phiroth

You are right.

Some of Inari subsidiaries have pioneer status.

As per latest annual report 2020, 73.8% of tax to be paid are exempted as it falls under pioneer status.

Only 26.2% tax were paid at statutory of 24%.

The stock had appreciated more than 1,000% in the past few months.

Upside is rather limited and only with good earnings justified able to fuel another rally.

Let's look at the next 2 quarters earnings and orderbook replenishments.

Changing auditors can be very time consuming especially swapping it in between reporting periods.

Good thing Kpower didn't swap auditors unlike SCIB or SD.