Global Semiconductor Sales Increase 12.7 Percent Year-to-Year in October; Double-Digit Annual Growth Projected for 2018.

https://www.design-reuse.com/news/45253/october-2018-worlwide-semiconductor-revenues.html

Trump says China will cut tariffs on American cars

The PHLX demiconductor index was very bullish yesterday.

Trump says China will cut tariffs on American cars

The PHLX demiconductor index was very bullish yesterday.

The PHLX semiconductor index was up 2.67% yesterday.

Trump says China will cut tariffs on American cars

https://www.bnnbloomberg.ca/investing/video/trump-s-china-tariff-tweet-gives-a-boost-to-auto-stocks~1554902

The Phlx semiconductor index is extremely bullish now

The PHLX semiconductor infex is extremely bullish today.hehe

The PHLX semiconductor infex is extremely bullish today

Morgan Stanley upgrades Chinese stocks after "better-than-expected" G20 outcome. https://www.reuters.com/article/china-markets-stocks-upgrade/morgan-stanley-upgrades-chinese-stocks-after-better-than-expected-g20-outcome-idUSL8N1Y82BK

CIMB Research downgrades AirAsia, lowers target to RM2.12 | https://www.klsescreener.com/v2/news/view/464362

Morgan Stanley upgrades China stocks for next year on trade truce | https://www.klsescreener.com/v2/news/view/464486

Trump says China to cut tariffs on US-made cars in potential lift for Tesla, BMW | https://www.klsescreener.com/v2/news/view/464534

Trump tweets China to cut tax on US-made cars, revs up auto stocks

-----
https://www.cnbc.com/2018/12/03/trump-tweets-china-to-cut-tax-on-us-made-cars-revs-up-auto-stocks.html

Trump tweets China to cut tax on US-made cars, revs up auto stocks
https://www.cnbc.com/2018/12/03/trump-tweets-china-to-cut-tax-on-us-made-cars-revs-up-auto-stocks.html

Asian shares set to rally Monday on Sino-U.S. trade truce | https://www.klsescreener.com/v2/news/view/464314

US will hold off on raising China tariffs to 25% as Trump and Xi agree to a 90-day trade truce

https://www.cnbc.com/2018/12/01/us-china-wont-impose-additional-tariffs-after-january-1-report.html

The PHLX Semiconductor index was up 1.49% on Friday.

Worldwide semiconductor revenue hits record US$129.8 billion in 3Q18, says IHS. The global semiconductor industry revenue grew 7.4% sequentially in the third quarter of 2018, reaching a record US$129.8 billion, according to IHS Markit. Semiconductor growth occurred in all application markets and world regions.. https://www.digitimes.com/news/a20181130PR202.html

This time no big boys have been selling the stock. Small traders have been selling the stock from a fear induced by people here.

https://www.bloomberg.com/quote/KESM:MK

The price to book ratio is below 1.0.

Phlx semiconductor index was up 2.27% yesterdy.

Hengyuan slips into red due to refinery’s scheduled upgrade | https://www.klsescreener.com/v2/news/view/462802

The current valuation and stock price means even if the next QR is good, the stock price will not go up much.

The stock price has not priced in trade war anyway!

Analysts may say something positive when the stock pice is about to plunge. The valuation is too high. The outlook of Apple is not good

The Phlx semiconductor index was up 1.91% yesterday.

Analysts may say something positive about a stock when the stock price is near a top and something negative about a stock when the stock price is near a bottom.

Analysts were positive about Kesm in the beginning of 2018.

Analysts may say something positive about a stock when the stock price is near a top and something negative about a stock when the stock price is near a bottom.

Analysts were positive about Kesm in the beginning of 2018.

Price to Book Ratio 1.0611


tecpower P/E Ratio12.49
Bloomberg (BEst) P/E Ratio8.0948
Bloomberg (BEst) PEG Ratio--
Shares Outstanding43.01M
Price to Book Ratio1.0611
Price to Sales Ratio1.1214
1 Year Return-56.03%
30 Day Avg Volume165,110
EPS0.71
Bloomberg (BEst) EPS Curr Yr1.0970
Dividend2.08%
Last Dividend Reported0.06
Earnings Announcement for Period Ending Q1/2019:03/08/2019
https://www.bloomberg.com/quote/KESM:MK

behavioral finance? How do you prove answers you got are correct? They may choose answers randomly. I always answer marketing questions randomly. haha

behavioral finance? How do you prove answers you got are correct? They may choose answers randomly. haha

As for Kesm, if its revenue does not plunge, you can expect a hike in its net profit. Analysts TPs are fundamentally wrong because they calculated Kesm's TPs based on a net profit margin lower than a fixed deposit interest rate in a Malaysian bank.

Kesm's net profit was larger in FY2010. But a demand for vehicle electrification has surged since then. Its revenue has surged since then as well, so you should not expect a net profit as low as 2,641K will continue.

dompeilee is a small investor who used to invest USD 300-400 in Kesm.

The PHLX Semiconductor index was flat on Friday.

I have seen some net profit jumps in Kesm.
FY2009: 448K-> 5,756K
FY2013: 47K-> 4,128K
FY2014: 1,360K->6.679K
FY2015: 1,732K->10,451K

Usually a very low net profit margin was followed by a very high profit margin.
You should expect a much higher net profit margin and net profit after a very low net profit margin was observed.

The thing is Kesm's revenue has been relatively stable, while Kesm's net profit has been relatively unstable.That's why Kesm's net profit could jump once in a while.

The thing is Kesm's revenue has been relatively stable, while Kesm's net profit has been relatively unstable.That's why Kesm's net profit could jump once in a while.

I have seen some net profit jumps in Kesm.
FY2009: 448K-> 5,756K
FY2013: 47K-> 4,128K
FY2014: 1,360K->6.679K
FY2015: 1,732K->10,451K

Usually a very low net profit margin was followed by a very high profit margin.
You should expect a much higher net profit margin and net profit after a very low net profit margin was observed.

I have seen some net profit jumps in Kesm.
FY2009: 448K-> 5,756K
FY2013: 47K-> 4,128K
FY2014: 1,360K->6.679K
FY2015: 1,732K->10,451K

Usually a very low net profit margin was followed by a very high profit margin.
You should expect a much higher net profit margin and net profit after a very low net profit margin was observed.

You should realize how stupid analysts are. Even in FY2010, Kesm's net profit was larger than 2,641K. A net profit margin of 3.24% will be very unrealistic.

Flintstones, you don't understand why companies exist. A company's net profit margin must be greater than a bank deposit interest rate because business involves risk unlike a bank deposit.

Seeing something is a very superficial thing.

Flintstones, if you have seen a car before, can you become a mechanic or an automotive engineer?

A net profit margin of 3.2% is on the same level as net profit margins of manufacturers during the financial crisis. It's too low. Business involves risk unlike a bank deposit, so if Kesm's net profit margin stays so low, the management should get replaced.

Kesn's net profit margin changed like the following.

12.22%->6.64%->13.27%->3.24% It's not decreasing monotonously.Don't get too pessimistic about its net profit margin.

Analysts'TPs are based on the unrealistic net profit margin. But it will go up easily. I don't believe any analysts. They told us that in the beginning of 2018, Kesm was a good buy and now lowered its TPs beased on the unrealistic net profit margin. They are jokes!
I believe a net profit margin of 7-9% will be realistic in the near future. Then, its TP will be much higher.

Kesm:

A Net profit margin of 3.2% is not worth business because you can get a higher interest rate when you deposit money in a Malaysian bank in a fixed duration. 3.2% is a multi-year low. Don't expect its net profit margin will stay so low. It will double or triple easily. If a net profit margin stays so low, the management should get replaced

I believe a net profit margin of 7-9% will be realistic in the near future. Then, its TP will be much higher.

Kenaga:

Maintain MARKET PERFORM as we see limited downside with most negatives having priced in at this level.

CIMB Equities Research said KESM’s 1QFY7/19 results fell below its and consensus' expectations due to lower- than-expected utilisation following inventory adjustment from its customers.

“We cut our FY19-21F by 41% to reflect lower utilisation assumptions and higher staff costs in view of the rising minimum wage. Maintain Hold with a lower RM11 target price, based on 14.4 times CY20F. We prefer MPI,” it said in a research note.
Read more at https://www.thestar.com.my/business/business-news/2018/11/23/kesm-tumbles-to-two-year-low-after-weak-results/#31jzrtE5ROP0Y7Lw.99