This is a Symetrical breakout in monthly chart.Dear now is rm 11.70.Cut loss rm 10.Potential rm 17-rm 19.If things as expected then rm 17-rm 19 can be reach.
Are the investment bank are nuts when that is Symetrical triangle breakout.Rm 14.If things can be maintain then rm 17-rm 19.Please see how 10 market trading day look like.
Not much, 40% only, haha Today breack $12 with volume, $16 is not dream within 2 quarter at PE 20 if market sentiment is good. Next 2 quarter EPS should at least 0.22 , then Q3 dividend at least 0.2. Advantage from 5G and automotive, Apple and Tesla stock price is a good reference for us to monitor MPI
Posted by Michael Kwok > Jan 5, 2020 11:00 PM | Report Abuse X Price;11.70
This is a Symetrical breakout in monthly chart.Dear now is rm 11.70.Cut loss rm 10.Potential rm 17-rm 19.If things as expected then rm 17-rm 19 can be reach.
The new product from Bosch is a silicon carbide chip that will be used in powering electric vehicles.
Bosch claims 6% improvement in driving range when their chips are used.
Currently only Tesla is using silicon carbide chips in their vehicles.
Investors got to have some imagination to visualize a world where Bosch SiC chips are more widely used which brings more business to MPI from the current 10-15% level.
If Bosch SiC chips gained traction in the automotive industry, the market has to rerate MPI
Come and buy KTC 19.5 cents.Just improve result.At least rm 10k.Benalec 12.5-13 cents.After few years of works finally it will come good result.At least rm 10k.
Great results as expected. Management has given guidance that this quarter would see good earnings. In next quarter, the Phase 1 expansion of Suzhou plant should start its contribution, but China operation may be impacted by Covid-19 and delay in work resumption. The longer term prospect for MPI remains good --> Hold MPI.
I try to get some info from management but pending reply from them. Carsem Suzhou running 75-80% capacity during chinese new year. What i concern is whether they continue production between 28 Jan to 9 Feb due to virus matter and i know Carsem Suzhou resume business on 10 Feb through Chinese news but not sure the capacity. Hopefully everything will go smooth and rush the production with over time if necessary which they have a lot of order on hand.
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....
Michael Kwok
6,352 posts
Posted by Michael Kwok > 2020-01-05 23:00 | Report Abuse
This is a Symetrical breakout in monthly chart.Dear now is rm 11.70.Cut loss rm 10.Potential rm 17-rm 19.If things as expected then rm 17-rm 19 can be reach.