Rilex. Most tech companies price is still up although earnings like shit. U can check globetronic, inari, kesm etc all price still up this year but all earnings like shit. People already starts looking at next year.
This is tricky. Results quite gave you a shock. But tonight NASDAQ ATE stocks are shooting big. Sometimes the shittest results is really the start of marvelous results. It is not like Vitrox is gonna out of biz anyway.
I still have utmost confidence in Vitrox because Vitrox is the industry leader. It can't be the whole world don't need test equipment anymore. Just that the order not yet comes in. When order comes in, Vitrox will boom. Just like Dayang QR bomb in May 2019. So try to buy Vitrox at bottom tomorrow.
Actually this is the best time to enter tech counter... investors now short term. See which counter up so much ytd... oil & gas and construction up more than 100% d. So sell these Oil & gas and construction counter, then invest in tech... simple
All this semiconductor turnaround is bullshit. UNISEM also report terrible result. STRONG SELL on all semiconductor related companies. The industry major contraction already underway.
RM5 still too high ,nta 97sen over value with par vali 10sen,...earnings sharp down without real tarde war satrted....maybe rm3 or lower, safe just watch
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....
Shinnzaii
3,114 posts
Posted by Shinnzaii > 2019-10-24 19:09 | Report Abuse
tech giant profit halved....very stunning...how much cost spend for development and manufacturing of IIOT ?