Penta, which is in similar industry as MMSV, just reported 3rd quarter results. Revenue increased by 52% over that of 2Q17, with net profit of RM8.4 mil, pretty impressive! And this is contrary to general market expectations that 3Q17 would be slower than 2Q17 for semiconductor test equipment companies. On the same token, we can expect MMSV's 3Q results to be not too far off from those of Penta.
MMSV also bought 100K shares into treasury today, when there's persistent irrational fear or rumour about its stock. Good move!
%K and %D stochastic readings already at 4% and 5%, probably signalling rebound around the corner ....
still sit tight and watching the show here... now with popcorn. the company bought back 100k shares at 1.62-1.64 to stop the bleeding. gonna sell FPI tomorrow and sapu MMSV if it drops below 1.50
Penta, which is in similar industry as MMSV, just reported 3rd quarter results. Revenue increased by 52% over that of 2Q17, with net profit of RM8.4 mil, pretty impressive! And this is contrary to general market expectations that 3Q17 would be slower than 2Q17 for semiconductor test equipment companies. On the same token, we can expect MMSV's 3Q results to be not too far off from those of Penta.
MMSV also bought 100K shares into treasury today, when there's persistent irrational fear or rumour about its stock. Good move!
%K and %D stochastic readings already at 4% and 5%, probably signalling rebound around the corner ....
We live in a greedy little world-- that teaches every little boy and girl To earn as much as they can possibly-- then turn around and Spend it foolishly We've created us a credit card mess We spend the money that we don't possess Our religion is to go and blow it all So it's shoppin' every Sunday at the mall
All we ever want is more A lot more than we had before So take me to the nearest store
[Chorus:] Can you hear it ring It makes you wanna sing It's such a beautiful thing--Ka-ching! Lots of diamond rings The happiness it brings You'll live like a king With lots of money and things
When you're broke go and get a loan Take out another mortgage on your home Consolidate so you can afford To go and spend some more when you get bored
All we ever want is more A lot more than we had before So take me to the nearest store
[Repeat Chorus]
Let's swing Dig deeper in your pocket Oh, yeah, ha Come on I know you've got it Dig deeper in your wallet Oh
All we ever want is more A lot more than we had before So take me to the nearest store
[Repeat Chorus]
Can you hear it ring It makes you wanna sing You'll live like a king With lots of money and things Ka-ching!
KUALA LUMPUR (Nov 1): Worldwide sales of semiconductors reached US$107.9 billion for the third quarter of 2017, marking the industry’s highest-ever quarterly sales and an increase of 10.2% compared to the previous quarter, according to the U.S.-based Semiconductor Industry Association (SIA). http://www.klsescreener.com/v2/news/view/300367
Many Malaysian stocks have been extremely underalued. You can start buying stocks which have the next QR announcement this month. Some of them are on a bagain sale!!
the continuously laosai-ing is very troublesome so close to the releasing of the qtr report as this share in the past have a lot of insider play - hope it's not those bargers getting out before releasing some shitty news. not only heart have to be strong - bun-tut oso must be strong n lobang will have to be sumbatted!
Even if the next qr announcement is not good, 5% drop in net profit or something like that is reasonable as the semiconductor industrh has been booming.
contra battlefield...come on paktua you can do it, i small bilis, maybe just plankton just battle in penny stocks for da time being, of coz momentuming only, coz bilis you know laaaa....
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....
kwang2209
259 posts
Posted by kwang2209 > 2017-11-16 17:59 | Report Abuse
Be greedy when ppl are fear..