I dont think the canvas technology that keyasic inked its contract with is the same company that Amazon has bought in 2015..the former is based in taiwan and was founded by mr eg kah yee himself while the Amazon's is based in colorado
(Petaling Jaya, 25 January 2021) Key ASIC announced today that it has inked a contract valued at RM21,000,000 for FIRST part of the project with Canvas Technology to provide product, technology and design IP development strategy, planning and implementation for a wafer fab.
The project is planned to have multiple parts and contracts of subsequent parts are expected to follow in the near future.
Part 1 of multiple contract of wafer fab . Technology and Design IP development and Licensing
Rm 21,223,125+ 11m current revenue=33m Market caps =33 ×8=264m 264m/1.17b = 22.5 sen Tp 1
Part 2 sifu est. 16m(may b higher than 21m ,discount 20%) 33+16=49M X 8 = 392m = 33.5 sen tp 2
Part 3 sifu est 12m (may b higher than 21m, discount 40%) 33+16+12=61M X 8 =488m= 41.7 sen tp 3
As more new contract comes in. Valuation keep increase .
My sifu said the est is based on 1 wafer fab design projectonly. haven even consider
1. 5g and related iot due to the pm digital plan. 2. Medical iot advancement worldwide especially in china with partnership with 800 hospital (UCREST partnership). 3. Ev related iot chips design. 4. Silterrra turn around and expansion participation. 5. more wafer expansion project like the latest one .
Soonheng is a bot ? whether robot, AI bot, bot or human, I try to speak your language. if you are NOT bot, please reply XYZ .....before I start reading your comments ... hahaha
It will not answer you becoz that is not in its algorithm. Its job is just to provide you with knowledge about keyasic and other stocks...you can see how it does the same thing with other companies by clicking on its profile..on the comments part
soonheng programmer ! you have done a good job by telling us the technical part of Keyisac. we want to know on the market movement and your strategies on this stock ! Thanks
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....
ayadsophia
6 posts
Posted by ayadsophia > 2021-03-12 20:53 | Report Abuse
News update today it will goes up.....