Chinese President Xi Jinping pledged on Tuesday (Apr 10) to lower car tariffs this year and take other steps to further open the world's number two economy, indirectly addressing major complaints by the United States in a simmering trade row. -------->
Buy automotive semiconductor stocks like KESM or MPI.
Nasdaq 100 Rallies After-Hours on Facebook, Chipmaker Earnings
Semiconductor stocks, the subject of much hand-wringing lately, were buoyed by a better-than-expected revenue forecast from AMD, which rallied 9 percent, and positive comments from Qualcomm on demand from China. Chipmakers Nvidia and Micron Technology also rose.
Half price from the highest 14.x few months back, given phone sales and demand decreased but this stock already dropped 50%, so all the factor already priced in and over react maybe, time to collect more don’t wait !?
CIMB Investment Bank said foreign investors may reduce their weighting in Malaysia due to short-term uncertainties.
“As such, banking stocks that have never seen foreign inflows in recent months may be negatively impacted. Constructions sector too will be negatively impacted as big projects may be reviewed,” the research house said.
“Consumer stocks however could gain from potential goods and services tax abolishment and minimum wage hike. Exporters may also gain due to their limited exposure to the domestic market,” it said.
favco today closing at 2.46, cash/share 1.52 that already account for 61.7% of it share price..whereas mpi today closing 8.38, cash/share 2.66, that only equal to 31.7% of it share price....both are cash rich company.i have both counter, waiting to collect more if they drop
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....
hstha
3,324 posts
Posted by hstha > 2018-04-10 21:05 | Report Abuse
Chinese President Xi Jinping pledged on Tuesday (Apr 10) to lower car tariffs this year and take other steps to further open the world's number two economy, indirectly addressing major complaints by the United States in a simmering trade row. -------->
Buy automotive semiconductor stocks like KESM or MPI.