I am very optimistic with MPI too. I agree that RM 7 will be surely touched one day, the question is by when? Months or years later ? When it was 6+ couple months ago, I waited for 7. As a result, it instead downs to 4.20, and today at 5.7. So, when will my 7 coming?
bsngng, u should collect when it drop to 4.20. nobody will be able to know when 7 is coming, or will it Ever come. Just set a target price and have confidence in it. Otherwise, just take profit.
Jolie, hmmm, i dont play such things, maybe you can standby? wahaha
So, it is still a good buy.. I sold 5.5 bought Bck 4.2-4.7.. Still very bullish on this counter. Personally, hope semi ind will not follow trend of crude oil and other commodities and metals. Demand is still there but over produce worldwide.
every week will saw MPI analysis news from news paper...Theedge have post it more than 3 times since the result out, look like Mr. Tong is buying a lot.
In this age people just cannot do without smartphones and high- tech cars, can they? Besides, IOT is on the move and gaining prominence the world over especially in advanced economies. These are rapidly rivalling bread-and-butter issues. Can you ever live without these things? If the answer is no, which is hardly surprising, then MPI will have a bright future ahead. Hold the stock long-term. Deja vu is unfolding for this counter. Good luck to all those who are willing to take the risk and wait it out. Cheers.
Iot = Internet over things. .. It linked all systems. .. machine. .. equipment. ..People to the Internet structure . .. we had a discussion with Intel on this. ...its the next big thing
Haha. ..u added 5.69? I added 5.72 this morning. ... just right before it moves to 5.81. If you look at the graphs. .. the rsi is around 40...but the price is stable around 5.6 to 5.8 .... i might think this will be the accumulating stage. .. let's see if it touches 6.5
I speculate in jobstreet n perisai. ... just a bit. Little profit. Enough for a good meal n petrol. . Haha. ... mpi is my investment. Strong cash. .. Low gearing. .. only thing is its thin profit margin. .. that's where the USD will help
Kakashi don't worry; better profit margin in the works. This is one of Hong Leong's management focus in mpi. Again, Hong Leong's top management is reputed for their astuteness. This is the main reason why I like to own their shares. Top marks for their honesty and fairness towards minority shareholders. Their offer prices for Hume and Narra were examples.
Nice....really Nice. Good profit guys. Congrates to those who earn ! Erm, Jolie still around to see this? RM3.5? Wahahahahaha...joker. Dont know how to invest, stay at home watch tv can d, dont come kacau kacau
By the way, I believe its just beginning. Accumulation is still on going, volume low, price moving up, cutting above moving average, RSI picking up. 6.5 is near strong resistance. Next will be 7, followed by 7.5. P/E will comes to about 17 if it reaches RM7 assuming EPS at 0.10 every quarter
And if you guys notice, the volume is low. You cant even buy or sell more than 100 lots at a certain price. So, its hard for speculation play to happen. That is why I am suspecting it is at accumulating stage. If it is, means the train is just starting to get warm up.
Last year I waited for 7+ but failed. With two catalysts i.e. strong usd and recovery of semi-con in this year, 7+ should not be difficult to reach. By then, I believe I will be greedy again to look for 8. Ha! ha!
bsngpg,英雄所见略同。i also still holding some. initially greedy at 6.00, when price reach that level, hoping for 7.50 now. hahaha. with all semicon 2nd liners moving, i think 7.00 should not be a problem.
At RM7, the PE is about 17~18. As of now, many tech stocks are trading above 20. Gtronics, Vitrox, etc above PE 20. Last year MPI PE is about 20++ also, So, RM7 i think its realistic. Even at 6.30, the volume is still thin and if I am not mistaken, people are still accumulating. You can see the buy Q is not high but very little ppl is selling. Lets see how it move when the volume starts to pick up.
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....
stanleysee
130 posts
Posted by stanleysee > 2015-01-22 22:09 | Report Abuse
high revenue from smartphone sector and strong USD contribute this good result.. let's hope for the best for next quarter