Chip stocks are rallying, and one trader sees a bigger breakout
https://www.cnbc.com/2018/08/24/chip-stocks-are-rallying-and-one-trader-sees-a-bigger-breakout-ahead.html

Wow. The PHLX Semiconductor was up 1.46% yesterday.

Wow. The PHLX Semiconductor was up 1.46% yesterday.

https://www.bloomberg.com/news/articles/2018-08-24/can-electric-cars-make-china-this-century-s-detroit-quicktake

USDMYR 4.1085

Today I want to introduce Kobay, which is a next JHM.

Kobay
QoQ - +392.55% YoY - +367.77%.

Kobay is next Dufu.

Kobay
Quarter Result on 30-Jun-2018[#4] QoQ - +392.55% YoY - +367.77%.

Wow! Quarter Result on 30-Jun-2018[#4] QoQ - +392.55% YoY - +367.77%.

MPI Quarter Result on 30-Jun-2018[#4] QoQ - + 50.23% YoY - -2.41%.

Manufacturing sector positive on second half but caution remains http://m.thesundaily.my/node/573718

The PHLX semiconductor index was up 0.12% yesterday.

Today

Ann Joo +3.08%
Lsteel +3.75%
Ssteel +2.94%

Geely beats top three Japanese carmakers | http://www.klsescreener.com/v2/news/view/421542

Investors should not be overly concerned about trade war impact on China, says Value Partners | http://www.klsescreener.com/v2/news/view/421702

JHM names new chairman, redesignates MD Tan King Seng to CEO http://www.theedgemarkets.com/article/jhm-names-new-chairman-redesignates-md-tan-king-seng-ceo

A corner of the market is rallying, and it could confirm a classic bull theory. https://www.cnbc.com/2018/08/22/dow-transports-are-rallying-and-that-could-confirm-a-classic-theory.html

http://www.theedgemarkets.com/article/ann-joos-fy18-profit-seen-better-stable-sales-higher-margins

China Rebar Price
http://www.sunsirs.com/uk/prodetail-927.html

The PHLX Semiconductor index was up 1.98% yesterday. Wow

The PHLX Semiconductor index was up 1.98% yesterday. Great,.

Semiconductor sales jump in second quarter.
20 August 2018.

According to new figures from the Semiconductor Industry Association (SIA) sales of semiconductors in the second quarter were up 6% q-o-q and 20.5% y-o-y at $117.9billion. June sales were ahead 1.5% on the month and 20.5% from June 2017 to $39.3 billion.. http://www.newelectronics.co.uk/electronics-news/semiconductor-sales-jump-in-second-quarter/182073/

Today steel stocks were bearish due to a CSC STEEL effect, but it dropped only 1.52% today.

Today steel stocks were bearish due to a CSC STEEL effect, but it dropped only 1.52% today. Haha

China rebar price
http://www.sunsirs.com/uk/prodetail-927.html

China rebar price
http://www.sunsirs.com/uk/prodetail-927.html

wow

Malaysian tech stocks will be good buy due to depreciation of ringgit in the rest of 2018.

Things are slowly turning sour for the Malaysian ringgit, keeping USD/MYR on track to meet our 4.35 forecast for end-2018
https://think.ing.com/articles/malaysia-a-huge-downside-gdp-miss-in-second-quarter/

Bursa likely to trade higher next week, retesting 1,800 level
https://www.malaymail.com/s/1663652/bursa-likely-to-trade-higher-next-week-retesting-1800-level

Average target price 19,4 MYR
https://www.marketscreener.com/KESM-INDUSTRIES-BERHAD-24007912/consensus/

just profit taking

Malaysian semiconductor stocks are still good buy due to depreciation of ringgit.

Things are slowly turning sour for the Malaysian ringgit, keeping USD/MYR on track to meet our 4.35 forecast for end-2018

https://think.ing.com/articles/malaysia-a-huge-downside-gdp-miss-in-second-quarter/

Chip Stocks May Have Sold Off Too Much On Recent Spate of Bad News.

Notably, Applied CEO Gary Dickerson also reiterated his view that the chip equipment industry has become less cyclical. "More diverse demand drivers spanning consumer and enterprise markets, combined with very disciplined investment, has reduced cyclicality," he said. "We're not seeing the large fluctuations in [WFE] spending that we did in the past.". https://www.thestreet.com/opinion/chip-stocks-continue-to-price-in-a-lot-of-bad-news-maybe-too-much-14686774

Malaysian semiconductor stocks are still good buy due to depreciation of ringgit.

Things are slowly turning sour for the Malaysian ringgit, keeping USD/MYR on track to meet our 4.35 forecast for end-2018
https://think.ing.com/articles/malaysia-a-huge-downside-gdp-miss-in-second-quarter/

Recent QRs of most Malaysians semiconductor companies are verty good. I expect Kesm's next QR announcement would be very good as well

3 Months Ended
30/6/2018

Telecommunication 71.6%
Automotive 15.8%
Semiconductor 6.6%
Consumer electronics 4.6%
Medical devices 0.4%
Others 1.0%

Current Year Prospect
Generally, the Group views its performance in the second half of the year positively
based on the current book orders on hand. The Group anticipates a positive growth
momentum going into the second half of 2018 deriving mainly from the 3D sensing test
equipment for the smartphone devices segment as well as automation solutions for the
automotive segment. Following the commencement of operations of the new
production plant in June 2018, the Group expects higher volume of project delivery
involving large-scale factory automation lines such as our i-ARMS solutions in the
second half of the year.

6-Aug-2018 Quarter Result Quarter Result on 30-Jun-2018[#3] QoQ +23.83%

Dow set for 200 point jump on possible resumption of China trade talks, Walmart 10% surge. https://www.investing.com/indices/us-30-commentary

Dow set for 200 point jump on possible resumption of China trade talks, Walmart 10% surge. https://www.investing.com/indices/us-30-commentary

https://m.malaysiastock.biz/Blog/BlogArticle.aspx?tid=21494
Gamuda

Short to Medium Term

- no SST on construction materials will benefit construction companies

Short to Medium Term - no SST on construction materials will benefit construction companies

3 BIG themes in the long short and medium term - Corporatisation Malaysia, Trade War, SST


The US - China Trade War
https://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=21494
As one know, Malaysia is a huge trading nation in comparative to our size of economy. The Trade War between China and US, if prolonged will have impact to Malaysia and it is not easy to figure out how it works for Malaysian companies. I would think, in the shorter term, as long as Malaysian manufacturers can accommodate some of the demand shifts from Chinese to Malaysian companies, those companies will immediately benefited.

Some of these companies that would have benefited are the electronics manufacturers especially the Electronic Manufacturing Services and Precision Engineering companies. Examples of these are companies like Globetronics, KESM, Salutica.

3 BIG themes in the long short and medium term - Corporatisation Malaysia, Trade War, SST

The US - China Trade War

As one know, Malaysia is a huge trading nation in comparative to our size of economy. The Trade War between China and US, if prolonged will have impact to Malaysia and it is not easy to figure out how it works for Malaysian companies. I would think, in the shorter term, as long as Malaysian manufacturers can accommodate some of the demand shifts from Chinese to Malaysian companies, those companies will immediately benefited.

Some of these companies that would have benefited are the electronics manufacturers especially the Electronic Manufacturing Services and Precision Engineering companies. Examples of these are companies like Globetronics, KESM, Salutica.

https://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=21494

https://www.argusmedia.com/en/news/1735873-strong-demand-sends-chinas-steel-prices-to-2018-highs?backToResults=true
Strong demand sends China’s steel prices to 2018 highs

Strong demand sends China’s steel prices to 2018 highs
https://www.argusmedia.com/en/news/1735873-strong-demand-sends-chinas-steel-prices-to-2018-highs?backToResults=true

M'sia equities set to outperform as political uncertainty dissipates, says DBS Research | http://www.klsescreener.com/v2/news/view/418464

Semiconductors Again Testing Dotcom Era Highs
https://etfdailynews.com/2018/08/14/semiconductors-again-testing-dotcom-era-highs-smh/

Steel stocks are good buy.

Buy steel stocks as much as possible.

Ann Joo’s FY18 profit seen better on stable sales, higher margins | http://www.klsescreener.com/v2/news/view/417808

Buy steel stocks as much as possible.

Ann Joo’s FY18 profit seen better on stable sales, higher margins | http://www.klsescreener.com/v2/news/view/417808

Unisem (M) | http://www.klsescreener.com/v2/news/view/417632

China Rebar Price

Wow
http://www.sunsirs.com/uk/prodetail-927.html