If you ask me, I'm not too worried about the collapse of our share market or currencies because I belong to the lower end middle income group and the poverty coalition in Malaysia which makes up of over 95% of the population.

The more important question is whether you want to ALLOW the cronies and their aristocrats(the ruling race) to divide the country further by owning up the entire KLSe for themselves?

Do you want the income bracket and disparity to widen further?

We could allow them to continue their occupancy but either way the collapse is unstoppable at this rate.

At least if you stop it early, the collapse could be softened than to end up a country like Syria or Mozambique. The reason why BN can threaten us with this sort of threats is because the cronies already own a large portion of shares in our local corporations and they own most of our economy.

If more power is given to them we'll end up another North Korea in future where the government owns almost everything in the country.
To name a few: Kedai Runcit Transformasi 1Malaysia, Menu Sarapan Pagi 1Malaysia, Pasaraya 1Malaysia, everything you have belongs to 1Malaysia.

We are already heading towards a communist state.

Labour intensive industries in Malaysia is doomed and we're sandwiched by better players both in the higher end/advanced countries and also by sweatshop cheap quality sectors.

Without the proper skilled talents,we could not match the process sophistication of advanced countries such as Taiwan, Korea or even Thailand(that's true) while our labourers are not as dilident as those of China, Vietnam, Cambodia to match them in pricing for low end sectors.

The result is this industry of semicon outsourcing is unsuitable for the country.

Do not trust the rising price movements of this kind of penny stocks because they always fry the counters before their quarterly press announcements to dampen their bad results.

How come this company has a Japanese name but the directors inside mainly Indians running the show?

Power hungry people will never admit it. They have become too comfortable and greedy that they are not willing to lose power and risk losing all their wealth.

If you eat abalone, and birds nest for all 3 meals a day with red wine, will you want to ever go back to eating plain rice with belacan?

All telcos in Malaysia practices a hidden form of monopoly called oligopoly which all of them set prices not much different from one another. By limiting themselves that way, they can retain their respective market shares and force consumers by squeezing them with no alternative choices.

Did you compare call rates among Celcom Maxis, DiGi, uMobile and other MVNO players in the country? Does anyone of them have pricing much cheaper from the rest of the competition? There is none.

>>How come the newspapaer nowadays putting up false information?

Not just the paper, it's also the tv stations and most local media channels including internet forums and portals.

We are dealing with a crony government that is seeking to establish a communist state with everything under their brand(1Malaysia).

How can they call themselves fair and open when never allowed the opposition to set up their own national press papers and tv channels to operate in the country?

Those who still read The Star and NST will know that they are nothing but propaganda papers and you still pay to read them?
Did you ever read them writing bad about BN?

The opposition parties can only publish their own local newsletters and newspapers for the community.

It's better to sink early than to sink late.

About the collapse of the KLSE, it's safer to rid the public share market from croniyism and unhealthy warlords inside than to allow them to continue sucking the public dry with their manipulation.

Eventually the market would collapse anyway and it's safer to cleanse it early.At least there would be a softer landing and a better future to retain those corrupted investors with dirty money that continues to plague the market.

We have been in deficit since the 90s and not a single year after that our country has been back to surplus.

The accumulated debt is now close to 500billion. Vote the cronies once again and if country goes bankrupt, everyone will have to pay RM18k (in other forms of currency) to save this country.

So his RM500 BR1M means nothing to the people.

arv18, you're right this company is a bee end company used as a marketing tool to provide temporary jobs for dumping fresh grads with low salaries as cheap labour and internship. This company is well known for frying labour in this country. Most local know this fact.

500billion debt and still call healthy?

The only thing that is frying in this company are the cheap workers which they exploit years back before the minimal wage kicked in. This real boss behind this company is believed to be the evil fat witch using the Chia family for her disposal.
The CEO John Chia is her proxy that hails from the same hometown as her which is in Negeri Semb.If opposition takes over Perak, this will be the company to dispose before you eat sand.

Who knows the gambling tricks in the casino better than anyone else? Of course the casino operators themselves!

Who knows better of what the outcome of futures and derivatives stock counters? That would be the ones who set it up for the public to buy knowing what goes behind the curtain of their own companies.

Who knows better about a casino than even the gambler themselves? Of course the operator of the casino knows their trade best.

Those who plan to hold on longer than end of last week this month can do so at your own risk. The past 2 years, it has always been the last week before the CNY week but I've a feeling the marathon this year might end early. So take caution. I should have been more greedy last month for this opportunity. This is some very nice goreng wok for frying if you know the right time to do it.

TP0.50 is also the stock option price for their management staffs.

All managers in Unisem has the stock option rights to buy 300k units of company stocks at 0.50.

http://tiny.cc/xpnlqw
(pg 106-107)

Every year the cycle is to sell all stocks week before CNY and buy stock options at 0.50. This is how their generate their additional bonuses for CNY celebration.

If price drops below 0.50, this trend will only break.

This is how ponzi schemes works. Convince a small crowd of people until they become believers. Then make the final big attempt to escape with it all. It does not only happen with stocks, we seen it happened with gold and so many other investments. Con jobs are part and puzzles of investment schemes. Some dumb ones must put in the money and the smart one gets away.

Expected rally move as this have been a trend for over 5 years in a row. Practice great caution and never hold beyond the last 2 weeks before the start of CNY. It's a predicted movement.

Don't miss out the opportunity to goreng for this counter but REMEMBER to take profit around 1st week of Feb(WARNING) 1W before the CNY week and before the 12Q4 announcement.This year no bonus so the management rely on public donation to organize CNY gathering dinner.

As 2011 Annual Report, all managers of Unisem have option rights to exercise 300k units above at 50sens depending on positional role.
unisemgroup.com/pdf/annual/ar2011_finance.pdf-(pg 106-107)

The trend is sell b4 CNY and buyback lower few months later. Buy after 4Q results.

Maybank Research: The Trading Idea is a TAKE PROFIT call on UNISEM with downside target prices of MYR0.73 and MYR0.83.

Sell before it gets worst by year end. 4Q results is going to bleed.This month alone they just sacked 270+ permanent workers on counts of efficiency to take short term profit in Batam.They have broken against Indonesian labour law.
http://kepri.antaranews.com/berita/23105/ratusan-buruh-demo-disnaker-batam

If you have the money now HOLD and wait for after CNY 2013 to see if things improve.Else cabut if you can.

Unisem Back on Radar Screen
http://biz.thestar.com.my/news/story.asp?file=/2012/11/19/business/12338358&sec=business

How much did they paid to engage The Star and a chick to write out a good article?

The 2 biggest shareholders in the company are:

Bandar Rasah SB, an unknown investment company represented by "John Chia" and Lembaga Tabung Haji.

In the past 2 quarters alone this year, they shed 1/5(20%) of their workforce alone just to return their earnings to black.

How many electronic firms have turned down and cancelled their contracts with Unisem?

I leave the further comments to you.

Having "The Star" to write a commentary story does sound like any problem?
It's after all the MCA mouthpiece.

They got a chick to write the nice article so it will sound believable too if you may.

I don't personally advise people to invest in semicon industries towards year end and CNY. They're going to take your money and spent it on their execs year end bonuses.

In the case of JCY, they are making disk drives. It's more of an shelf product that enjoy year end sales more than bare component makers.

Anyone figured out the real people behind Bandar Rasah SB, the biggest share holder in the company yet?

Working in same industry.

Lookup John Chia and the private investment company he represents Bandar Rasah SB that owns 25% in the company. Not sure if he's related to the other guy that owns a "hum vee".

Wafer level packaging will not produce much higher profit margin because it requires significant higher human capital and higher wages for more skilled people. Also, when product complex level increase for components, yield rates will become much lower because of high defect rates and customers become very strict/picky when accepting your produce.

4Q12 is too late for any hope. Customers have already stock up enough inventories before the year end sale.Unisem only produce spare parts and electonics components which takes additional time for end product assembly for consumer products elsewhere such as iPhones, smartphones etc. They won't be taking much orders at year end considering market demand is at the lowest.

Wafer level chip scale packaging (WLCSP) requires more employment of more highly skilled staffs that demands significant higher pay. Higher margin products will be offset by higher wages. Comparing with Taiwan is suicide with Unisem level of management and human capital. They've sacked hundreds of staffs since 1Q12 just to keep their top exec seats hot.4Q is too late by now since customers have already stock up enough inventories before the year end sale.

Does John Chia own a hum vee too?

Little is known about him except that he represents an unknown investment company known as Bandar Rasah SB. which takes up 25% of Unisem. Another 5% is owned by Lembaga Tabung Haji Malaysia.

The real owner of the private investment firm is kept tight secret.