FRONTKEN CORPORATION BHD

KLSE (MYR): FRONTKN (0128)

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Last Price

4.06

Today's Change

-0.02 (0.49%)

Day's Change

4.02 - 4.10

Trading Volume

727,200


52 people like this.

26,291 comment(s). Last comment by Goodwill5 2 hours ago

Posted by moneyaddicted90 > 2020-12-22 11:09 | Report Abuse

Buy before late

Goku88

429 posts

Posted by Goku88 > 2020-12-23 09:15 | Report Abuse

Taiwan approves chipmaker TSMC's plan to invest US$3.5 billion in new Arizona plant

https://www.theedgemarkets.com/article/taiwan-approves-chipmaker-tsmcs-plan-invest-us35-billion-new-arizona-plant

Posted by scottsytong > 2020-12-24 00:00 | Report Abuse

It's being reported today that Taiwan Semiconductor Manufacturing (TSMC) is aggressively recruiting over 600 engineers and executives for what will be its first U.S. plant in 20 years, Nikkei Asia has learned.

The world's largest contract chipmaker will initially bring together a mix of current employees and new hires to staff a $12 billion chipmaking plant it will start building next year in Arizona, TSMC Chairman Mark Liu told Nikkei. The hiring push comes with American officials and lawmakers calling on semiconductor companies to bring more of their operations to the U.S.

According to Liu, a task force of more than 300 current employees and managers with experience in developing and producing 5-nanometer chips will be dispatched to help get the plant off the ground. Five-nanometer chips are the most advanced in the world and are used in the latest iPhone 12 range and Mac processors. The U.S. has agreed to offer as many working visas as TSMC needs for this purpose

https://www.patentlyapple.com/patently-apple/2020/12/apples-chip-supplier-tsmc-is-now-on-a-hiring-blitz-for-its-us12-arizona-plant-that-will-produce-5nm-chips.html

wunan91

16 posts

Posted by wunan91 > 2020-12-29 16:46 | Report Abuse

Will frontkn have oppurtunity in arizona from tsmc?

Vanbasten

1,266 posts

Posted by Vanbasten > 2020-12-30 19:50 | Report Abuse

RM 3.7--5 in year 2021

ali baba

356 posts

Posted by ali baba > 2021-01-03 14:06 | Report Abuse

https://csr.tsmc.com/csr/en/update/inclusiveWorkplace/caseStudy/10/index.html

Ares Green Technology received the well-deserved “Continuous Improvement in Environmental, Safety and Health” award for its outstanding efforts.

Posted by scottsytong > 2021-01-05 12:30 | Report Abuse

TSMC will disclose its capex plan for 2021 at its upcoming investors meeting. The pure-play foundry is expected to budget more than US$20 billion in capex this year, according to a report by Taiwan's Central News Agency (CNA).

TSMC's 2021 capex will beat the record-high target of US$17 billion set last year, the report quoted market watchers as saying. The foundry will utilize its capex this year for the expansion of its 5nm process capacity, installation of more-advanced 3nm process capacity, and 2nm process R&D.

TSMC will hold its quarterly investors meeting on January 14.

Posted by investortrader88 > 2021-01-08 09:37 | Report Abuse

fly higher !

newbie8080

2,766 posts

Posted by newbie8080 > 2021-01-08 11:41 | Report Abuse

Good opportunity for Frontken to be participate in TSMC new plant in US.

Adam Lim

120 posts

Posted by Adam Lim > 2021-01-08 13:29 | Report Abuse

any reasons why this ctr suddently shoot up today? confirm participating the TSMC new plant in US?

Cakes Moon

6,929 posts

Posted by Cakes Moon > 2021-01-08 15:29 | Report Abuse

Up all the way!!!

Posted by investortrader88 > 2021-01-11 09:17 | Report Abuse

fly higher !

newbie2y

584 posts

Posted by newbie2y > 2021-01-12 09:18 | Report Abuse

tsmc to announce quarter results on the coming 14-Jan, cheers :)

Posted by investortrader88 > 2021-01-12 09:24 | Report Abuse

fly !

James Ng

2,704 posts

Posted by James Ng > 2021-01-12 21:03 | Report Abuse

https://klse.i3investor.com/blogs/general/2021-01-12-story-h1539295965.jsp
[转贴] [Video:浅谈FRONTKEN CORP BHD, FRONTKN, 0128] - James的股票投资James Share Investing

satt1984

119 posts

Posted by satt1984 > 2021-01-13 09:34 | Report Abuse

awaiting for tomorrow superb result from tsmc. https://finance.sina.com.cn/stock/hkstock/hkstocknews/2021-01-11/doc-iiznctkf1605080.shtml

winlast

498 posts

Posted by winlast > 2021-01-13 12:21 | Report Abuse

strong uptrend momentum
unlimited price surging higher

Posted by danieltan82 > 2021-01-13 12:36 | Report Abuse

New target price 4.61
https://klse.i3investor.com/servlets/ptres/58290.jsp

Cakes Moon

6,929 posts

Posted by Cakes Moon > 2021-01-13 17:45 | Report Abuse

Already consolidate for more than 6 months, keep for long term gain.

awesome20

1,198 posts

Posted by awesome20 > 2021-01-13 19:45 | Report Abuse

break 5.00 soon before cny hopefully

Posted by investortrader88 > 2021-01-14 09:22 | Report Abuse

hold tight.frontken continue to uptrend. !

Posted by GorengHealthcare > 2021-01-14 09:24 | Report Abuse

conso for 5 months since end of july the momentum of bull will be superb

thundery

316 posts

Posted by thundery > 2021-01-14 14:43 | Report Abuse

Buy before too late, estimated 6 coming before it split

Posted by CashewNuts > 2021-01-14 15:01 | Report Abuse

lol thundery, where's this "split" idea coming from? any source?

Posted by scottsytong > 2021-01-14 15:11 | Report Abuse

(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. expects to boost capital spending to as much as $28 billion this year in order to safeguard its lead in advanced technologies that made it chipmaker of choice to the world’s technology and auto giants.

Capital spending for 2021 is targeted at $25 billion to $28 billion, compared with $17.2 billion the previous year, Chief Financial Officer Wendell Huang said on a conference call. The increase in capex is intended to meet surging demand for the chipmaker’s advanced technologies, he added. Revenue for the first quarter is expected to at between $12.7 billion to $13 billion, ahead of the the average analyst estimate of $12.4 billion.

Posted by scottsytong > 2021-01-14 15:12 | Report Abuse

About 80% of the capital spending will be devoted to advanced processor technologies -- namely 3nm, 5nm and 7nm -- development, Huang said.

Posted by Value_Investor_888 > 2021-01-14 16:44 | Report Abuse

Very good prospect ahead for frontkn

enigmatic

916 posts

Posted by enigmatic > 2021-01-14 19:37 | Report Abuse

Good news for Frontkn. Exciting growth story.

Posted by GAINERS702 > 2021-01-16 23:45 | Report Abuse

so frontken will invest together in Arizona to aids TSMC new plant's need?

brendonyeap

1,649 posts

Posted by brendonyeap > 2021-01-17 07:57 | Report Abuse

I predict Frontken will announce a share bonus or split very soon, judging by the rapidity of its share prices.

Jilohhuat

177 posts

Posted by Jilohhuat > 2021-01-18 09:18 | Report Abuse

What a great way to reward investors , bonus
/splits are always welcomed.

Posted by investortrader88 > 2021-01-18 10:58 | Report Abuse

hold very tight.continue uptrend.

skygazer

345 posts

Posted by skygazer > 2021-01-18 11:29 | Report Abuse

Good uptrend shown. The momentum is still strong. If the management announces bonus rewards, price will fly far higher. Hopefully.

gemfinder

6,880 posts

Posted by gemfinder > 2021-01-18 11:39 | Report Abuse

hold tight tight

Jilohhuat

177 posts

Posted by Jilohhuat > 2021-01-18 11:46 | Report Abuse

Hlg price target $4.61/already bulldozed !

Oliver Ooi

234 posts

Posted by Oliver Ooi > 2021-01-18 12:53 | Report Abuse

r u guys sure about bonus or split share? at this moment? although company making profit and net cash position but it better reserved cash for better development or prospect growing? last but not least I also happy about bonus or share split too.hehehehe

skygazer

345 posts

Posted by skygazer > 2021-01-18 14:57 | Report Abuse

The bonus/split share was a prediction/suggestion. Not confirmed. It'll be good if they do that moderately.

TGTP30

31 posts

Posted by TGTP30 > 2021-01-18 16:41 | Report Abuse

tp 5.5!

gemfinder

6,880 posts

Posted by gemfinder > 2021-01-18 17:18 | Report Abuse

c u at 6

Woodswater

3,778 posts

Posted by Woodswater > 2021-01-18 21:07 | Report Abuse

Biden era coming
Wakakakaka

Cakes Moon

6,929 posts

Posted by Cakes Moon > 2021-01-18 21:33 | Report Abuse

RM6 possible gemfinder?
I trust you on this. Today all tech stocks up 5%.

TGTP30

31 posts

Posted by TGTP30 > 2021-01-19 09:21 | Report Abuse

buy while it's still cheap!

Posted by commonsense > 2021-01-19 09:46 | Report Abuse

If you guys want to find a company that is a recovery play post Covid 19, you should consider looking at MMC. https://klse.i3investor.com/servlets/ptg/2194.jsp

Below are the positive of the company:

• Valuation is cheap. Despite being the largest port operator in Malaysia, its valuation is still only less than half of its next biggest competitor, Westport.

• Dividend yield is high at between 5.4% to 6.6%. Given the low interest rate environment, this would appeal to a lot of dividend seeking investors.

• Cargo handled in 4Q20 is already passed precovid level. It is even higher that the pre trade war level which started in FY18. The largest port in the group is Pelabuhan Tanjong Pelepas where the 2M shipping alliance has decided to make it their Asean HQ Port. 2M consist of the 2 largest shipping companies in the world: Maersk and MSC.

• Bonus event. Potential monetisation of Port business via IPO. The group is looking to raised RM4bil via IPO. Assuming the amount is from the sales of up to 40% interest in the port business, this values the port business at RM10bil which is way above the current market cap of only RM2.5bil. This does not include their 38% holding in Malakoff (valued at RM1.8bil), 31% of Gas Malaysia (valued at RM1bil) and their Engineering business which is currently the main contractor for MRT2 (via JV with Gamuda).
https://www.thestar.com.my/business/business-news/2020/10/23/mmc-mulls...

With Biden being the new President of US, you can expect him to overturn Trump’s America First Policy. This will make it easier for US to trade with other countries including Europe and China which will increase global trade and benefits ports operators like MMC.

Posted by smallseller > 2021-01-19 14:10 | Report Abuse

good chance to pick up frontken.....4.40 can buy

gemfinder

6,880 posts

Posted by gemfinder > 2021-01-19 23:17 | Report Abuse

Posible rm6

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