The 40% to 50% growth is just a conservative estimate. We are expecting an even better performance. MMS has so far delivered 40 units of semiconductor test equipment to the MNCs in Malaysia and Germany," group managing director T. K. Sia told StarBiz. (File pic shows Sia testing some of the equipment at the factory)

GEORGE TOWN: Semiconductor test equipment manufacturer MMS Ventures Bhd plans to expand its operations in 2022 in line with the positive outlook for the smartphone industry.

The group currently has utilised 80% of its production floor in Bayan Lepas.

“We want to raise our production capacity and capital expenditure by 50% and 30%, respectively.

“The aim of the expansion exercise is to achieve a 20% growth in sales,” group managing director T. K. Sia told StarBiz.

The group is also allocating RM15mil to either purchase or lease a facility to expand in 2022.

Currently, MMS is utilising 80% of its 12,000-square-feet production floor to manufacture 80 to 90 automated test equipment with an estimate RM45mil value annually.

Next quarter will be even better! Some deliveries have been push to Q3 due to mco. Even MCO thr qoq and yoy is growth.

Not to mentioned Thailand operation starting in October 2021.

TP 30 at least!

"Building on the momentum achieved for the last three quarters, the Group expects the performance for the
coming quarter to continue. Consequently, the Group expects to be able to report a significantly higher
profit for the financial year 2021."

From quarter report.

If profit for year 2021 is Rm 10mil. With a PE 35 that is relatively low compare to peers.

Share price should be at least RM 1.70

"Financial performance may hit a record high in 2023 with gross margins targeted between 25% and 28%, he said."

Easy calculation. Let say profit at 22 mil slightly higher than 2017.

Forward PE at 25. Share price value at least at RM 2.60

152% gain at current price of 1.07.

Hehe undervalue stock

Very good result. TP rm 2. Go go go

Yes. Flush out the short term guy. Based on what CEO say, the TP will be at last 1.7 to 1.8. Time to collect cheap.

Breakout from flag pattern! Road to 30!

Technically is good!

MACD has crossed. Stochastic has crossed. RSI above 50. Rebounded at EMA20 with a bullish engulfing candle.

Another breakout very soon!

Aerospace industry
Bumiputera SMEs in the aerospace industry will have RM100 million allocated to business matching grants.

Another RM100 million will go to smart automation matching grants for 200 manufacturing and servicing companies.

Putrajaya says approved 40 aerospace projects with total investment value of RM3.8b

“Going forward, the government will continue to promote and facilitate high quality foreign direct investments into Malaysia,” he said during the keynote address at a virtual webinar titled “Bolstering Malaysia Aerospace Industry in the 12th Malaysia Plan” (12MP) held today.

https://www.malaymail.com/news/malaysia/2021/10/26/putrajaya-says-approved-40-aerospace-projects-with-total-investment-value-o/2016108#

One of the theme that benefit under of government budget.

From technical. It is touching 20 EMA as a strong support. It supported at 20 ema twice before.

If don't breakdown. It will rebound and breakout.

Soon to hit RM 30!!

Let's go!

SAM another breakout soon! PE is still very low compare to the peers. Way to go!

BSL up up up.

Only 12.5% of floating in the market. When move will move very fast!

Next Kobay or Genetec.

2x coming soon!

Congrats to those hop the ship.

Vroom Vroom... Engine starting... Forming Pennant. Once breakout. It will fly... Hop on!

2021 will hit 1b revenue! Stay tune... let's hop on to the ship

Best quarter. Tomorrow gap up!

haha. Those who throw away their ticket will regret soon. Judging on the buy up after the open low. Buying interest is there. Afterall, this counter still very cheap. PE at 30x.

And also the open low never even break the 24th August Long Green candle low at 13.3.

History repeat itself. The movement will be like Genetec or Kobay.

Either you buy now. Or you buy at more expensive and regret.

Yes. Short term guy sell. Long term guy collect. TP at least 25. ^^ cheap cheap ticket lai...

Time to collect from panic seller tomorrow =)

Less than a month will hit 1.2! See you guys there!

Soon to be RM3. Join before is too late.

There are not much counter to choose in such a soft market. All in!

Is either you buy at 0.7++ or you regret at 1.2.

Hold. The Train just started. In 2 weeks Ramssol will hit 1.2. There are still plenty of room. All the believers. See you guys there!

1 month TP 1.2.

Gogogogo!

Demand and supply. U know where it will be heading.

Even RHB technical has mentioned:
*RAMSSOL (0236)*
Outlook: Pending Breakout MYR0.70
Levels: MYR0.76, MYR0.82
Exit: Below MYR0.605
(time frame: 2-4 weeks)

Is already breakout!

This week will ends at 0.9!

Buy now while is cheap!

Don't even need 2 weeks to hit. Soon 1+ Jump in fast!!

Is either you buy today. Or you buy tomorrow closing at at least 0.75. If you buy end of this week it might hit 0.9.

The shares are limited in the market! Supply and demand you know it.

Hitting RM 1 in 2 weeks time!!! Join in fast! Mark my word!

Else my name is catmeow

https://www.theguardian.com/world/2021/jul/16/one-in-95-people-in-england-had-covid-last-week-report-shows

https://www.thestar.com.my/business/business-news/2021/07/17/should-retail-investors-still-believe-in-the-glove-sector

Read this!

Also from technical point of view,

The bottom is over. There's only upside now!

https://www.thestar.com.my/business/business-news/2021/07/17/should-retail-investors-still-believe-in-the-glove-sector

Read this!

All The Stars Are Alligned! ONLY UP!

William % R (260 days) - is moving from -100 tp -94. Means that oversold in 1 year trading is over!! There is only UP!!!
RSI - from 20+ now move to 50 - Oversold period is gone!!
MACD - already cross
Parabolic SAR - Showing uptrend
Stochastic Oscillator - Cross and Up! OVERSOLD is gone. Demand is coming in!

With above technical, Rubbber has hit its BOTTOM. Is a reversal now.

Yesterday Open with a GAP UP. Meaning strong demand and no more seller!

Most importantly there is a REVERSAL CANDLESTICK PATTERN. A DRAGONFLY DOJI today. Is a reversal candle!

And it is confirm by 15th July price increase and high volume!

With all the TECHNICAL aligned. The stars have aligned.

There will only be up from now!

GOGOGO!

ONLY UP!

Join the train before is too late!

With the high price increment yesterday. Today profit taking is very minimal!

Rounding bottom pattern is forming!

All the technicals are showing UPTREND!

- MACD cross few days before
- RSI move from 30+ and above 50+ now
- STOCHASTIC OSCILLATOR have cross
- Price cross 50 EMA

And yesterday high volume has proven the demand. It is reversing now! The bottom is over!`

There's only up now!

Join in the train for huge profit now!

Joined in the train since day 1. Already making 19%!

Digitalisation will bring us huatt!

Join before is late. Train to RM 1!!!

Today up again even in such a soft market! And 13k covid case. Covid will get worsen and more MNC need Zoom! Revenue going to boost up! Road to RM 1. Collect while it's cheap!

Very good business model! High margin with recurring based income. That means that revenue will only keep growing once their customers like MNC and GLC are tied up with them for the system and support. Covid also speed up their revenue with Digitalization.

Also Tan Sri Lim Wee Chai (TOP Glove boss) invested on this! His experience in business never go wrong!

Definitely hit more than RM1 in near future!

All in!

Didiktv's and Disney advertisement earnings likely to reflect in coming quarters. Another major catalyst. Well done Media! TP 1. Go go go