Posted by limayseng > 2014-10-17 10:01 | Report Abuse

why suddenly everyone becomes so confident and keep on buying expensive...? Tak masuk akal?

Posted by SS661M > 2014-10-17 10:09 | Report Abuse

This baby never let me down.

Posted by Frank Soweto > 2014-10-17 10:18 | Report Abuse

@Limayseng - when market are falling off the cliff everyday it not easy n some here bought low so in order to protect their paper gains n capital selling is the logical thing to do. beside everyone is different, some can hold,some can't some thought it's better to stay sideline some found better stocks some even take the opportunity to buy etc so no right or wrong.
anyway, health is wealth n if is affecting any holders like Iboonk79 by all means stay out. market will always be here :)
it's not easy for me either even though I have the advantages of holding for a longer period of time. but based on my experience thru the years if you're investing in good companies most times u will always end up well. here I share with you this wise man article - of course we wish we have his $$$ but he too starts from scratch so for those holding we hope this rebound though it looks like technical can be sustained n for those who already out when u get a chance n market stable feel free to come n join us back :)
http://www.marketwatch.com/story/warren-buffett-isnt-worried-about-this-market-2014-10-16

Posted by limayseng > 2014-10-17 10:23 | Report Abuse

http://www.cnbc.com/id/102095569?__source=yahoo%7cfinance%7cheadline%7cheadline%7cstory&par=yahoo&doc=102095569

Posted by limayseng > 2014-10-17 10:29 | Report Abuse

Street's biggest bull holds on to S&P 2,300 target
Nov 2014 - May 2015 as predicted....
http://www.cnbc.com/id/102094453

Posted by Frank Soweto > 2014-10-17 10:33 | Report Abuse

Just remember this when markets are jittery n bad news all over most people are nervous n some r downright irrational - they will sell at first opportunity then ask q later. just last month when the good results were out but market was not good MMSV was hovering low n actually drop a bit - mid/low 40s but when the market turn better thereafter we see this shot up past 60 n also kena UMA n now market is weak so stock also koyak but if u believe in the fundamental of this company u should not worry too much but even take the opportunity to collect :)

Posted by limayseng > 2014-10-17 10:37 | Report Abuse

when u have no confidence , do sell when everyone is hungry like now....ha...ha...

Posted by SS661M > 2014-10-17 10:40 | Report Abuse

Why only up kena UMA but dowm no UMA?

Posted by limayseng > 2014-10-17 10:44 | Report Abuse

where got uma.....? this is a technical rebound...when Dows and S&P500 recovers , it will flower...

Posted by Frank Soweto > 2014-10-17 10:46 | Report Abuse

down also will kena UMA if the vol is too heavy n down by much but overall market all also down how to give UMA - otherwise 950 out of 1000 stock will get it LOL - UMA is like a 'recognition' now especially the 'going up' UMA LOL - Used to be BAD NEWS but now days most stock juz shrugged it off when they kena :)

Posted by limayseng > 2014-10-17 10:49 | Report Abuse

Now , prepare to buy expensive liao lo.....

Posted by Frank Soweto > 2014-10-17 10:49 | Report Abuse

n 99% of the time they have the standard reply - The BOD are not aware of any material info that affects the price LOL

Posted by JTFX > 2014-10-17 10:55 | Report Abuse

good opportunity..bot 50k @0.40 yest...huatttt arrr....

Posted by SS661M > 2014-10-17 10:58 | Report Abuse

Those bought yesterday @3.9 arl made 8.9% gain. This counter is really fast.

Posted by pzul > 2014-10-17 11:00 | Report Abuse

Today bursa full with green..n running above 1700, it is very good...

Posted by lboonk79 > 2014-10-17 11:06 | Report Abuse

My advice please wait for few weeks, the downtrend from DOW just started only.
Don't too rush to buy, can accumulate slowly.
Good luck guys

Posted by limayseng > 2014-10-17 11:10 | Report Abuse

be prepared to buy 50c next week, nov 60c. dis 65c....no more 9c as someone predicted!

Posted by JTFX > 2014-10-17 11:32 | Report Abuse

sold off most stks last few mths..missed some other stks run ups.. accumulated rm350k to reenter, now good opportunity to slowly.. get back in...

Posted by lboonk79 > 2014-10-17 11:41 | Report Abuse

The DOW correction not yet finish, advice that monitor closely when you buy in any stock.
Need to study for the company first, but MMSV is a very good company.
Just stuck because of side influen of world wide market correction.
We can buy any stock anytime, but in bad condition time better wait for good timing then go in again.

Posted by yktay1 > 2014-10-17 11:44 | Report Abuse

On Focus Malaysia this week:

Sunny outlook
for MMS Ventures,
Elsoft Research
Both Penang-based companies which provide test
solutions for LEDs post strong Q2 financial results
MMS
Ventures Bhd
and Elsoft Research
Bhd, both in the
light-emitting diode
(LED) tester busi-
ness, have reported
strong earnings in
their latest financial
results, boosting
their share prices as
analysts have an optimistic outlook for
the industry.
Early this month, MMS Ventures
and Elsoft shares hit a year-to-date high
of 62 sen and RM1.79 respectively. The
recent selldown saw MMS Ventures’
share price correct to close at 40.5 sen on
Oct 15 – still more than double the 19.5
sen at the start of this year, while Elsoft
ended the day at RM1.20, up 76.2% from
68 sen on Jan 2.
Commenting on the good run since
July, MMS Ventures group corporate
finance officer Lim Phaik Hoon tells
FocusM
the uptrend has been due to its
stellar 1H2014 financial results.
MMS Ventures is a holding company
with subsidiaries Evolusys Technologies
(Malaysia) Sdn Bhd and Micro Modular
System Sdn Bhd involved in the man-
ufacture of industrial automation sys-
tems, design of die sets, jigs and fixtures
as well as development of computer
software.
Elsoft provides products and services
including advanced electronic-system
design, system-software engineering
and algorithm development.
Both Penang-based companies pro-
vide test solutions for LEDs in all kinds
of electronic and electrical appliances,
and their similarities are reflected in
the strong Q2 ended June 30 financial
results.
MMS Ventures registered a 64%
jump in net profit to RM3.26 mil from
RM1.99mil in the previous correspond-
ing quarter. Revenue increased 31.38%
to RM11.64 mil fromRM8.73 mil.
Elsoft reported a 32.31% increase in
Smart devices such as smartphones are
seen as a growing market
MMS Ventures’ headquarters in Bayan Lepas, Penang
by Ooi Chia Shen
net profit to RM6.96 mil from RM5.26
mil the year before, on the back of a
37.90% rise in revenue to RM15.16 mil.
Both companies attribute the
improvement in their earnings to in-
creased orders for machines from the
LED industry that have translated into
higher sales.
Having switched its focus from
semiconductors to LEDs in the past two
years, MMS Ventures’ Lim says the in-
dustry has been on a robust trend since.
She is upbeat the favourable outlookwill
continue.
According to the last financial re-
sults, the domestic market accounted
for 53.63% of MMS Ventures’ earnings
while the rest came fromexport markets
like the US, Europe, Australia and Asia.
Elsoft attributes 70%of its total earn-
ings to the localmarket, with the balance
fromTaiwan, China andThailand.
“Most of our major clients are
multinational companies and Asia is

Posted by yktay1 > 2014-10-17 11:48 | Report Abuse

Oct 18-24, 2014 | FocusM
17
MAINSTREAM
the world’s biggest LED producer; thus
by having some of these MNCs as our
clients, we can be quite positive about
our growth,” says Elsoft group CEO Tan
Cheik Aik.
Though MMS Ventures and Elsoft
may indirectly be competitors, espe-
cially in the local market, MMS Ventures
CEO Sia Teik Keat says the company
would not consider joint ventures or
strategic alliances with the latter unless
a customer asks for both their services.
Elsoft’s Tan, meanwhile, says the
company has a good relationship with
MMS Ventures and considers any com-
petitive aspect insignificant, as Elsoft
focuses on LED testing activities while
MMS Ventures covers segments such
as producing machinery, systems and
inspection testers for themanufacturing
line.
“Providing tester solutions in the
LED industry covers only 30% of our
total business portfolio,” says Sia. None-
theless, Sia and Tan are optimistic on the
LED industry, as are market observers
and global players.
“Market demand in this area [LEDs]
is still relatively strong, particularly from
the automotive industry,” RHB research
says in a Sept 5 report. It expects Elsoft
to grow, with orders to date amounting
to RM30 mil.
The Semiconductor Industry Asso-
ciation (SIA), representing American
leadership in semiconductor manufac-
ture and design, announced on Oct 6
that worldwide sales of semiconductors
had reached US$28.4 bil (RM92.61 bil)
for August, an increase of 9.4% from the
US$26 bil recorded a year earlier and
1.3% higher than the preceding month’s
US$28.1 bil.
“Demand is strong across nearly all
semiconductor product categories and
the industry has now posted sequential
monthly growth for six consecutive
months,” says SIA president and CEO
Brian Toohey. MIDF Research, in an
Oct 7 report, says sales are expected to
perform well for the remaining part of
this year, supported by strong growth in
the Americanmarket.
Smart-device
market expanding
On stiff competition from overseas
markets especially China and Taiwan,
Elsoft’s Tan says the company is shifting
its focus fromgeneral appliances for the
LED segment in these markets to smart
devices and the automotive industry.
He says smart devices such as
smartphones are a growing market and
is confident this market will expand in
line with the technology trend. Elsoft’s
business focus comprises smart devices,
the automotive industry and general
appliances.
“The World Semiconductor Trade
Statistics organisation now forecasts a
6.5% yoy advance in global semicon-
ductor sales for 2014,” TA Securities
Research says in a recent report. “This
will be driven by the smartphone, tablet
and automotive segments. With a better
industry outlook on the cards, we be-
lieve this bodes well in terms of demand
for services from local semiconductor
manufacturing companies.”
On the other hand, a report from
CIMB Research says communications
revenue is the biggest contributor,
making up about 29% of the Malaysian
semiconductor sector’s revenue.
“This is not a surprise, given the seg-
ment has grown steadily in recent years,
driven by the increasing penetration of
mobile devices such as smartphones
and tablets, compared to other market
segments,” the report adds.
The RHB Research Institute says
Elsoft has taken measures to diversify
into medical equipment by capitalising
on its core competence in embedded
control systems by applying them to the
medical-equipment market.
“Based on our channel checks, the
pricing of each of these machines varies
from as low as RM2,000 to as high as
RM7,000. This new income stream, in
our view, will help spur the company’s
FY15-FY16 earnings growth,” the re-
search house adds

Posted by pzul > 2014-10-17 13:42 | Report Abuse

Churning..then collapse..churning..just enjoy the ride..

Posted by leslieroycarter > 2014-10-17 15:17 | Report Abuse

I think the worst is over.....the trend is technical rebound after the serious heavy oversold....now , they are in no hurry to replenish the stocks back in their coffers slowly yet steadily and to create another bull run come Nov 2014-may 2015 which has been predicted by fund managers in US .

Positive indicators all out......

Thursday’s Close:
Dow -24.5



16,117.24
-0.15%
Nasdaq +2.073



4,217.39
+0.05%
S&P +0.27



1,862.76
+0.01%

Posted by SHQuah > 2014-10-17 16:43 | Report Abuse

EUROPE open all green.
if US follow Europe tonight.
Then Monday Malaysia index should go up.

Posted by selamba > 2014-10-17 21:56 | Report Abuse

buy2222 this counter....big money profit broo

Posted by Frank Soweto > 2014-10-18 03:52 | Report Abuse

Thanks yktay1 for posting the article from Focus :)

Posted by Frank Soweto > 2014-10-18 03:54 | Report Abuse

Mon panicky buy after the impressive gains today on DJ ? :)

Posted by Frank Soweto > 2014-10-18 04:03 | Report Abuse

LOL pzul - always go to spread out to minimize risk :)

Posted by Frank Soweto > 2014-10-18 04:04 | Report Abuse

LOL *good :) typo

Posted by pzul > 2014-10-18 04:14 | Report Abuse

Sorry..ifca close 0.44..mmsv 0.42..not same..

Posted by Frank Soweto > 2014-10-18 04:23 | Report Abuse

LOL pzul same for MMSV too but each time taken down went back higher - can it do again :)

Posted by neohts > 2014-10-18 12:35 | Report Abuse

Beautiful Monday.
US Friday close up 263 points.
EUROPE all up.....DAX up 267 point, FTSE MIB up 618 points, FTSE 100 up 114 pionts
Monday Malaysia KLSE sure fly high......go go go

Posted by pzul > 2014-10-19 01:44 | Report Abuse

Frank..i have to delate for certain reason.. :)

Posted by SS661M > 2014-10-19 17:17 | Report Abuse

Another QE? Pls provide link to the related infor. TQ.

Posted by serre04 > 2014-10-19 20:42 | Report Abuse

http://www.focusmalaysia.my/Mainstream/Sunny-outlook-for-MMS-Ventures-Elsoft-Research

Posted by SS661M > 2014-10-20 09:07 | Report Abuse

Hi, guy. What is the next TP? I feel so gud........today.

Posted by TaurusGal82 > 2014-10-20 09:22 | Report Abuse

go go go

Posted by unemployed > 2014-10-20 10:10 | Report Abuse

What if it's a bear market? Ikan bilis happy for a little while but before they manage to sell, price drop again?

Posted by SS661M > 2014-10-20 10:16 | Report Abuse

Hanging at the ceiling. No up no down. Hehehe......

Posted by yktay1 > 2014-10-20 12:08 | Report Abuse

Let's look at some numbers for MMSV at a conservative price of RM0.50, to determine whether it is just a speculative counter or otherwise:

1) Market capitalization will only be RM81.50mil (USD25.00mil), a very cheap acquisition target for large multinational LED manufacturing companies looking for vertical integration, i.e. controlling the full value chain.
2) High economic moats/competitive advantage/technological edge evident via high net profit margin of 24.50%.
3) Trailing 4 quarters P/E of only 11.74x, very cheap for a high growth technology stock (see point 4).
4) Y-o-y net profit growth of over 60.53% (estimated based on 2q 2014 vs preceding year).
5) PEG of only 0.19x, still a good margin under the PEG for growth stocks at 1.00x (anything under 1.00x is considered undervalued).
6) P/B of only 3.33x compared to 5x of Inari.
7) Surprisingly, the counter offers a dividend yield of 2.00%, very generous for a small high growth tech stock.
8) ROE of 28.40%, only trailing Inari and Datasonic in my list of technology manufacturers.
9) Price of RM0.50 still at a 16.66% discount from peak.
10) 12.44% of its market capitalization is net cash.

All these based on assumption share price is RM0.50. In conclusion, this company is backed by very strong fundamentals and should appeal to long term value investors/fundamentalist. It is not just full of hot air.

If the company is able to sustain its growth momentum in the following quarterly results, I believe the company should be valued at at least RM0.77 pegged to PEG of 0.30x (71% upside from current levels).

Disclaimer: I am an owner of MMSV shares with entry cost of RM0.21.

Posted by SS661M > 2014-10-20 12:53 | Report Abuse

yktay1. I m absolutely astonished by your holding power and resistance to short trem gain temptation. I think very few bought at 0.2x still holding now. A silent man is a dangerous man......

Posted by milodrinker > 2014-10-20 16:20 | Report Abuse

why is the share price is dropping continuously...any advise?

Posted by Vaylens Chong > 2014-10-20 16:22 | Report Abuse

for running purpose.

Posted by N225 > 2014-10-20 16:28 | Report Abuse

coz DAX drop 1.12%

Posted by JinAurora > 2014-10-21 20:08 | Report Abuse

limayseng promote until like this.. must be stuck at the high price?

Posted by pzul > 2014-10-21 23:24 | Report Abuse

Shark still hungry..if mmsv got strong fundamental then shark also goreng base on the FA..shark wont hentam2 goreng..

Posted by limayseng > 2014-10-22 07:36 | Report Abuse

Markets Overview
Data as of 5:16pm ET
Tuesday’s Close:
Dow+215.14

16,614.81 +1.31%Nasdaq+103.41

4,419.48 +2.40%S&P+37.27

1,941.28 +1.96%

Posted by TaurusGal82 > 2014-10-23 09:20 | Report Abuse

show start~

Posted by leslieroycarter > 2014-10-23 15:23 | Report Abuse

Nov 27th....another Qtr result....just have to wait....

Posted by KingPro > 2014-10-23 15:25 | Report Abuse

confident get best result for coming quarter?