MPI very undervalued compared to other tech/semicon stocks. KESM PE 1000+ Vitrox PE + 75 MPI highest cash in hand lowest PE But problem is can MPI beat earnings in Q3/4 2020
Confirmed can ! Unisem is already prove that earnings should be great .. In the MPI report it also states that 5G is the catalyst for demand growth, global semiconductor market is project to grow modestly 3.3% in 2020 and a further 6.2% in 2021 . (almost 1.87 times next year~) Keep this stock till 2021 won't go wrong ^ ^
MPI earnings to continue on an upwards trajectory on the back of rising demand for its power management chip packaging service for data centres and laptops due to higher usage of web computing.
Another sector that was deemed the darling of investors comprise the semiconductor-related firms. This sector too has seen significant improvements in both q-o-q and y-o-y earnings performance. Eight out of the 10 semiconductor-related companies among the top 100 firms saw double-digit growth in earnings. VS Industry Bhd returned to the black this quarter while SKP Resources Bhd saw 339.15% q-o-q growth in 3Q20. Inari Amertron Bhd (+97.53% q-o-q), Unisem (M) Bhd (+49.47% q-o-q) and Greatech Technology Bhd (+31.73% q-o-q) all saw more than 30% q-o-q growth in net profit. On a yearly basis, Unisem managed to report a profitable quarter compared to a loss-making 3Q19. Interestingly, half of these 10 companies saw more than 50% y-o-y growth. Vitrox Corp Bhd grew 114.45% y-o-y, followed by UWC Bhd (+85.11% y-o-y), Greatech (+79.7% y-o-y), SKP Resources (+76.9% y-o-y) and Malaysian Pacific Industries Bhd (+50.32% y-o-y).
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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....
pinnaclegrade
366 posts
Posted by pinnaclegrade > 2020-10-27 10:42 | Report Abuse
MPI breaking new highs ! coming QR will be interesting :)