My holding period is 7 years , a bit shorter than your 9 years. I think two of us are the rarest species in Bursa for keeping a lousy company from 1.25 to 0.38 and back to 1.30 for 7-9 years.
it hit RM3+ after share reverse split and free warrant around 2009/2010, thought its great company with HDD and lens. After smartphone came, notion die. Lesson learned, take profit / cut loss if company look negative
you should be glad the stock is able to come back to the price you bought 7/9 years ago, some stocks still the shit pattern after 10 years, some even worst, delisted and all the money gone.
While kenanga increase its tp from 1.13 to 1.62, and give it a "outperform" value, the other blogs kicks in and warn of manipulation (and indirectly give u their list). Seriously you really don't know who is playing the evil part. As an investor, we should just study and trust your own instinct. Set your tp and cut loss price, thats it.
Upgrade to overweight: We upgrade our sector call to “overweight” given the outweighing of outperform ratings in the total market capitalisation of our stock coverage universe alongside improving industry prospects.
Global semiconductor sales in January 2017 increased by 13.9%, marking the sixth consecutive year-on-year (y-o-y) growth which is the largest y-o-y growth since November 2010. With better numbers concluded in 2016, drastic revisions have been made to the World Semiconductor Trade Statistics’ 2017/2018 growth forecasts from 3.3%/2.3% to 6.5%/2.3%, with higher growth forecasts mainly on sensors and integrated circuits (ICs).
The smartphone segment which has been the key driver of the semiconductor industry over the past three years is expected to see better growth again in conjunction with the launching of flagship models by the world’s largest vendors this year. On top of that, the automotive semiconductor market is seeing higher growth from the increasing semiconductor content per vehicle for safety features and comfort systems.
We are more positive on the outsourced assembly and test players under our coverage given their improving earnings profile with meaningful exposure to the above-mentioned segments. Beyond industry growth, the earnings of Malaysian semiconductor export players will also be augmented by favourable currency translations.
We have imputed an average of RM4.40 per US dollar, a two-year forward ringgit/US dollar assumption for the technology companies under our coverage to be in line with our team of economists’ forecasts. With the industry seeing meaningful recovery, we are now assigning upcycle valuations to most of the semiconductor players under our coverage. Of all, our top picks are PIE Industrial Bhd (outperform; target price [TP]: RM2.87) and Notion VTec Bhd (outperform; TP: RM1.62). — Kenanga Research, March 28
Do you realise that notion produces parts for hard disk. Flash memory are used in solid state drives. They are alternatives for hdd. Meaning the more solid state drives are sold, less hdd will be purchased. So its bad for notion not good.
Why r you so sure that the writer is not in cahoots with the bod? When notion was lingering at 36 sen, the same writer wrote badly about this com. Suddenly in a span of a few months, they turn extremely bullish. Target price keep rising fr 43 sen to rm1.62. Used to give comments only every quarterly, now every few weeks publish fantastic writeups. Up to you yo interpret whats happening. Pity if got people got burnt again.
FACTUAL DATA AS ANNOUNCED TO BURSA IS INDISPUTABLE
ITS STRONG EARNINGS RECOVERY PER ITS 1Q RESULTS N PROFITS ARE FACTS. KENANGA INVESTMENT BANK RESEARCH GAVE GOOD ANALYSIS WHY TECH SECTOR IS NOW GOOD TO INVEST IN. IT SELECTED NOTION VTEC AS A OUTPERFORMER WITH TARGET PRICE 1.62 BASED ON SOUND VALID REASONS
ANOTHER BLOG RECENTLY ALSO SPOT LIGHTED ON NOTION HIGHLIGHTING ITS EARNINGS RECOVERY PLUS ITS TECH PRODUCTS HAS POTENTIAL TO BECOME A TAKEOVER TARGET N INDICATED ITS PRICE TO GO UP TO RM2 TO RM3 SHOULD SUCH TAKEOVER MATERIALISE. SAID NOTIONS TECH SUITABLE FOR DRIVERLESS MOTOR VEHICLES. THIS TECHNOLOGY IS ALSO IN VOGUE IN THE ADVANCED ECONOMIES LIKE USA N EU.
Auto segment grew 22% qoq. The auto segment is growing in-line with the 20% to 30% range as anticipated. We expect further growth as the company plans to further boost its production capacity for the electronic braking system plungers. The company has bought 50 CNC machines to be installed in Q2 and Q3 to support its production expansion, particularly in anticipation for the 30% growth in demand for its auto segment.
Hard Disk Drive (HDD) arm holding strong. The HDD segment grew 11% qoq, and 2% yoy. Notion has shipped 112 million units compared to 100 million units previously due to a shortage of flash chip that affected SSD supply. That in turn increases the demand for HDD and led to a tight supply. We expect demand for HDD to remain strong in the next few quarters as the shortage of SSD is expected to last until end-2017. We assume a 5% yoy growth for HDD sales.
New offering of engineered products going as planned. The company’s plan to diversify its product offering is going well as it has secured two new customers to produce industrial products. The company expects new orders from fasteners, engineered products and electrical consumer goods in the coming quarters. On top of that, it is also exploring engineered products for aerospace parts.
Yes, I agree with Darren. If you flip back kenanga past report on this counter, you will see they kept on corrected its tp from firstly 43c, then 43c~85c, 85c~1.13, then 1.13~1.62, total of 4 updates since Nov2016. Thus, I see its growth as not merely from goreng pisang, but also with fundamental base to support.
Calvin hit another 100% chun chun jackpot in Notion
Hmmm?
This Notion makes it no. 14 calls of Calvin Tan Research to hit 100%
See Calvin's call to buy Notion VTec on July 16th 2014 around 60 cts.
At Rm1.20 closing price now Notion is up a nice 100%
See
Posted by calvintaneng > Jul 16, 2014 06:50 PM | Report Abuse X
Val-Elta,
I noticed both Directors Choo Wing Hong & Chairman Thoo Chow Fah dumping bother mother shares and all Warrant B.
However, Director Thoo Chow Fah later went in to buy back Warrant B. At this moment it is financially suicidal to buy warrant B due to bleak prospects & with Warrant B totally "out of the money".
It takes a mighty optismic person to buy Warrant B UNLESS HE SEES SOMETHING AHEAD THAT WE DON'T.
IN INVESTMENT WE MUST ALWAYS "SEE" BEYOND WHAT IS OBVIOUS
TRY TO SEE FROM CHAIRMAN THOO'S POINT OF VIEW. IS THERE HOPE AHEAD? SOMETHING BREWING?. HE IS ALSO HUMAN LIKE US. SUBJECTED TO FEAR & HOPE- GAIN OR LOSSES.
IF IN DOUBT FOLLOW MY JOHOR SIFU'S RULE
FOLLOW DIRECTOR TO BUY JUST 10%
SAY HE BUY 100,000 SHARES . YOU BUY 10,000 SHARES
IF HE BUYS ANOTHER 200,000 SHARES. FOLLOW CLOSE BEHIND AND BUY ANOTHER 20,000 SHARES.
YES! BUY 10% OF WHAT THE DIRECTOR IS BUYING. IN THIS WAY YOUR LOSS IS LIMITED TO 10% OF THE DIRECTOR'S 100% (Compared to you.)
AND SHOULD THE DIRECTOR BE CORRECT. YOU ALSO STAND TO GAIN 10%.
WOW ! If anybody had bought Notion at about 60 c in 16 Jul 2014, he would have cut loss by then because it was at the peak and price dropped after that and hang around 40c for 2 1/2 years until january this year when the punp and dump started. You would have made 300 if you started buying from Dec 2016 onwards...This is a good example of ANGKAT BAKUL SENDIRI - Disappear when prices dropped for more than 2 years and come back to claim credit after it rises
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
theedge
571 posts
Posted by theedge > 2017-03-17 10:55 | Report Abuse
mother share COLLAPSES!!! RUN...THROW...