Iching, its ok...we can learn from here. Also not sure how far MPI can run but as alx mentioned, this can be a turnaround company and if it really does record higher profit throughout this year, we will have a good harvest.... Cheers
Iching, if drop back to 3.8, I will add in as well. But I dont think will drop that far, if not mistaken, should have a slight correction. finger cross
Ya, bounce back... just wait for next Q result, i would expect this year to be good for semiconductor, will hold until the profit stalled or took a turn. otherwise, RM5 - RM6 by end of the year? nobody knows
I've done a financial review on MPI on annual basis and monthly basis on their revenue, gross profit, net profit, debt to equity ratio, etc. Anyone interested, email me at .... I will send you the pdf file.
I believe its not suddenly up, all along it had been uptrend, just a slight correction to RM4. Today closing at RM4.4, I think will continue to be uptrend. Q3 and Q4 this year should be good. Technology sector really profit now. Gtronics, Inari, even Unisem gone to RM1.
Yes, low term I think is still bearish. Resistance at 4.2, 4.4 and 4.66. Support level at 4.0. The one year chart shows it break the 25 and 50 days moving average, thus, bearish.. However, current NTA is 3.94 and share price is RM4.12. RM5.12 will see the price/NTA at 1.3. I would think this profit taking is also due to the tech drop in the NASDAQ. My own opinion will be to wait for the May financial result for long term. Short term, it is still bearish but we can never know when the price will rally or drop again.
Important is the net profit n profit margin next quarter. USD appreciation. ..cutting off tooling division. ..expanding mobile sector...New Qfn semiconductor package. ..should give a boost to the earnings
Yup HC, I think technical will help in short term but fundamental will help me determine long term price. Haha...fortunebull, i ride from 3.03 till 4.19. seems like someone thinks alike... fall back to RM3? I dont think so...if below RM4, I will go in liau.. in fact, i buy back again abit at RM4.30. Will top in when hit RM4 (support lvl)
Yup :) All the best to us... semiconductor is picking up and growing from last year data, E&E export grows for malaysia, USD strengthen which is good for export, they also disposed dynacraft which is a lost making company and this will not weigh on them anymore. So, hopefully, we can ride this from 4.2~4.4 to 5.0, about 18% possible upside. Personally, RM6.0 will be very nice...haha
Affin target price, RM6.25. They had a new BGA plant in Suzhou. I just came back from Suzhou last month to visit some electronic manufacturer. Suzhou is a very nice place. The manufacturing plant there is very different from typical electronic plant u see in Guangdong. Its very similar to Penang, large plant area, well organized, clean and Lean management.
I visited dongguan and most of the companies are in buildings with several floor. Thus, each dept will be stationed in several rooms in several floors.
Yup HC, today i think will test the RM4.4 resistance. strong resistance at RM4.66. Once clear both line, should see new heights...It had break the 25days SMA and it rebound from double bottom at RM4.1, so, technically, should see MPI testing the resistance line again. Fundamentally, have a lot to look forward to for their May financial report. Oh ya, did you email me yet?
Kakashi, thanks for the analysis...its really good. Very detailed !! Appreciate it alot.. actually I had bought some at RM4.5 a few months back and still holding...Maybe I am looking at RM5
Good for you alx ! Guess what, the Q3 net profit soar 5 times y-o-y !! Oh man, cant wait to see the share price tomorrow !! Finger cross, let is soar ~~
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....
lching
1,402 posts
Posted by lching > 2014-02-24 23:27 | Report Abuse
ya loh. hoping for spill over effect.