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 3 hours ago

Posted by lavenderguy > 2021-02-07 18:06 | Report Abuse

can still chip in? can't wait for 3nm chips to come out...
btw, how can we buy Taiwan stock?anyone know?tq

LOLANTO

126 posts

Posted by LOLANTO > 2021-02-08 07:02 | Report Abuse

lavenderguy, you can buy tsm listed in nasdaq, usa

vanbasten9

1,143 posts

Posted by vanbasten9 > 2021-02-08 15:17 | Report Abuse

M

smmingg

16 posts

Posted by smmingg > 2021-02-09 09:28 | Report Abuse

When will be the q4 announcement? This month?

Oliver Ooi

234 posts

Posted by Oliver Ooi > 2021-02-09 18:33 | Report Abuse

@smmingg, based previous qr released date and it assume to be released at end of feb.

newbie2y

584 posts

Posted by newbie2y > 2021-02-09 21:42 | Report Abuse

hope to see it by 22-feb becos director has ''hinted'' with bursa announcement to deal during ''closed'' period on 22-Jan..

newbie2y

584 posts

Posted by newbie2y > 2021-02-09 22:06 | Report Abuse

worldwide chip shortage, tsmc continued to pump full force, no worries.
https://www.digitimes.com/news/a20210209VL200.html

Posted by STEADYBOMBIBI85 > 2021-02-09 23:34 |

Post removed.Why?

Oliver Ooi

234 posts

Posted by Oliver Ooi > 2021-02-10 11:53 | Report Abuse

today shareholder wanted to sell share and go celebrate CNY d. can off platform and enjoy CNY now. Plus rss bit huge volume for today so hoping stay grey or green consider happy Wednesday

huat8787

389 posts

Posted by huat8787 > 2021-02-11 12:04 | Report Abuse

Rebounded with other tech

Posted by GorengHealthcare > 2021-02-11 12:33 | Report Abuse

too less discount. Next week will catch up

Jack888

865 posts

Posted by Jack888 > 2021-02-16 10:36 | Report Abuse

Can break 5.14 ?....then fly high again..

Oliver Ooi

234 posts

Posted by Oliver Ooi > 2021-02-16 11:02 | Report Abuse

I don't much expect it break 5.14 today, but it should break 5.14 due to other tech counters already toward or broke previous high price.

Sogbashen

608 posts

Posted by Sogbashen > 2021-02-16 11:14 | Report Abuse

Already sideways for a few days, I notice that once the price break rm5 then there are strong selling occurs. Is it someone try to press the price?

LOLANTO

126 posts

Posted by LOLANTO > 2021-02-17 08:20 | Report Abuse

is rising of oil price benefit frontkn?

newbie2y

584 posts

Posted by newbie2y > 2021-02-17 19:40 | Report Abuse

rising oil prices attract increased oil activities by big oil companies like Petronas which results in more maintenance works/contracts for Frontken. Indirectly, yes. Can check their previous QR for oil/gas related prospects.

newbie8080

2,766 posts

Posted by newbie8080 > 2021-02-18 10:10 | Report Abuse

currently oil and gas rotating equipment services contributes 17% to the total revenue.
Higher oil prices will encourage more upstream activity that benefits Frontken, though o&g biz is not a big portion as compared with semicon biz.

Oliver Ooi

234 posts

Posted by Oliver Ooi > 2021-02-18 10:10 | Report Abuse

looks like bad qr ahead or bad sentiment for tech counters...let's see how it goes

Sogbashen

608 posts

Posted by Sogbashen > 2021-02-18 11:01 | Report Abuse

I think it’s not because of bad qr.. might be big correction for the whole tech market. As you can see mostly all tech drop today with DnO, uwc leading.

Oliver Ooi

234 posts

Posted by Oliver Ooi > 2021-02-18 12:33 | Report Abuse

in last 5mins of morning session, sudden spike up into green...weird movement and I guess something happening soon

gemfinder

6,880 posts

Posted by gemfinder > 2021-02-23 13:28 | Report Abuse

Good result. 2.8 sen div

Posted by i3investor007 > 2021-02-23 13:33 | Report Abuse

Growth is confirmed, but too expensive to go in now

Sogbashen

608 posts

Posted by Sogbashen > 2021-02-23 13:41 | Report Abuse

Congratulations to all share holder... good qr!!!!!

Sogbashen

608 posts

Posted by Sogbashen > 2021-02-23 13:45 | Report Abuse

Bi and warrant? Hahahahhaa

stevenckheng

1,348 posts

Posted by stevenckheng > 2021-02-23 13:51 | Report Abuse

seems like earning about the same for 3 quarters, when is the expansion facility ready ?

gemfinder

6,880 posts

Posted by gemfinder > 2021-02-23 14:07 | Report Abuse

wa. bI and free warant

thundery

316 posts

Posted by thundery > 2021-02-23 14:09 | Report Abuse

What define expensive? UWC cheap? DmO cheap? Greatech cheap? Unisem cheap? Vitrox cheap? Inari cheap? any you can think off still cheap?

Oliver Ooi

234 posts

Posted by Oliver Ooi > 2021-02-23 14:18 | Report Abuse

wow!!!! patience and endurance paid off with big huge reward. Bonus Issue and Warrant given plus RM0.028 dividend. hope no ppl sell on news, and then march toward new tp RM5.60 then break RM6.00 is no a wet dream anymore.

Penguin88

86 posts

Posted by Penguin88 > 2021-02-23 14:26 | Report Abuse

Good quarter, but definately lower than expected profit.

Only 9.4% qoq growth vs almost 50% run up of share price since Nov2020 till today. Justifiable?

Look at IB estimated profit and compare the actual profit achieved. Its lower than expected.

But dont worry. Many will come out and shout at look at long term dont look at current bcz current is history. They try to defend the high PE. This is how ppl investing now.

But they never think of future is built based on current and current decide future. Haizzz.

newbie2y

584 posts

Posted by newbie2y > 2021-02-23 14:33 | Report Abuse

cheers!

lalazai9

1,000 posts

Posted by lalazai9 > 2021-02-23 14:37 | Report Abuse

Free warrant limit up soon hehe

thundery

316 posts

Posted by thundery > 2021-02-23 14:44 | Report Abuse

What define expensive? UWC cheap? DnO cheap? Greatech cheap? Unisem cheap? Vitrox cheap? Inari cheap? any you can think off still cheap? Malaysia stock market you got to adapt its own way or culture, don't use US stock standard to judge MY stock. Be flexible and follow the trend is the winner

Posted by GorengHealthcare > 2021-02-23 14:51 | Report Abuse

Glove very cheap now. Dint see you go buy also lol.

smmingg

16 posts

Posted by smmingg > 2021-02-23 14:53 | Report Abuse

Happy cny to all shareholders. Hahahaha Heng ah

lalazai9

1,000 posts

Posted by lalazai9 > 2021-02-23 14:53 | Report Abuse

Rocket fly fly fly until warrant issue

Posted by Liesilencer > 2021-02-23 14:54 | Report Abuse

If we are going to justify based on textbook rule, then we are going to miss out on those stocks with rapid growth. It is all about sensing and seizing good opportunities in front of you.. Cheers!

Posted by GorengHealthcare > 2021-02-23 14:57 | Report Abuse

Prospect:

The Group recorded a remarkable fourth quarter results with a 28.9% and 9.8% increase
respectively in its PAT compared to the preceding year corresponding quarter and immediate
preceding quarter mainly attributable to the positive growth in our semi-conductor business.
Semi-conductors are essential technology enablers that power many of the cutting-edge
digital devices we use today. The global semi-conductor industry is set to continue its robust
growth well into the next decade due to emerging technologies such as autonomous driving,
artificial intelligence, 5G and Internet of Things, coupled with consistent spending on R&D and
competition among key players in the market.

Consequently, the Group is seeing advancement and deployment of new innovative
technologies following from the gradual roll-out of 5G network globally and we believe these
developments in the electronic and technology space, coupled with the strong demand for our
customer’s advanced nodes’ chips, will be positive for our business in years to come. To that
end, the Group is looking to expand its capacity in Taiwan by setting up a new state of the art
facility in anticipation of increase in the demand for our services relating to tools involved in
the manufacturing of the leading edge chips which we are given to understand will be
commercially available in 2022. We are currently already supporting our customer during their
R&D production stage for this latest node.

In addition to the new facility in Taiwan, we are also exploring the viability of setting up a new
facility overseas to further support our customer’s expansion abroad.

As for the oil and gas industry, we noticed that new orders are trickling in towards the end of
2020 from the various umbrella contracts for provision of manpower supply and also
mechanical rotating equipment services and parts that we have with the Petronas Group of
Companies. We hope this momentum will pick up further throughout 2021. Looking at the
strong appreciation of the Brent crude oil price thus far this year, we are cautiously optimistic
that our oil and gas division will perform better than last year.

In line with global optimistic outlook, the Group anticipates that the overall business conditions
in 2021 to be better than 2020. To that end, we are cautiously optimistic that our business will
be able to continue with its growth momentum during the year and are excited with what lies
ahead for us

Sogbashen

608 posts

Posted by Sogbashen > 2021-02-23 15:07 | Report Abuse

Theory and practical is way different..people that study a lot of book about sports won’t make him a good athlete. Follow ur own experience and ride with the trend...

Sogbashen

608 posts

Posted by Sogbashen > 2021-02-23 15:08 | Report Abuse

If you want to follow the theory, just look at glove stock with low pe, high profit, high dividend . What’s the price now?

pdchs

575 posts

Posted by pdchs > 2021-02-23 15:11 | Report Abuse

The Tech counter profit not significant compare to last Q, QvsQ almost the same, but the price some 200% to 1000%.

can it sustain? or next Q profit will be more?

newbie8080

2,766 posts

Posted by newbie8080 > 2021-02-23 15:18 | Report Abuse

QR result looks good.
Though I was expecting better profit margin.

Posted by lavenderguy > 2021-02-23 15:21 | Report Abuse

rocket first then BI...don't say what PE...tesla PE so high...our gloves PE so low,so?
was holding for weeks...in red...finally green

thundery

316 posts

Posted by thundery > 2021-02-23 15:27 | Report Abuse

PE and PB already outdated, stock market is all about follow trend and money direction, don't be keras kepala, playing stock don't look on price, look at what majority of money goes. Don't be smart in stock trading, no need too smart just follow, winning will follow you in future for sure

Penguin88

86 posts

Posted by Penguin88 > 2021-02-23 15:27 | Report Abuse

Looks like a lot of expert here.

They are saying:

1. If growth is 100%, share price will up, regardless how many % share price increase in the past.
2. If growth is 10%, dont worry, share price will up, regardless how many % share price increase in the past.
3. If growth is 1%, dont worry, share price will also up, regardless how many % share price increase in the past.
4.If no growth, dont worry, share price will also increase.

To them, as long as they hold the share, the price ahould increase forever bcz there is growth or eve no growth. No need to see price in the past.

Aristgan92

149 posts

Posted by Aristgan92 > 2021-02-23 15:42 | Report Abuse

5.2 today ?? let see

Posted by GorengHealthcare > 2021-02-23 16:39 | Report Abuse

Congratulations guys; Frontken just reached all time high of 5.38 !!!

This is totally unexpected as majority tech stocks undergoing correction. Will be more explosive if all tech stocks green :D

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