Good indication. closing above 4.4 at 4.43. If tomorrow close higher, MPI will test 4.66 resistance. If i not mistaken, there is a triangle forming the past few weeks. So, lets see if it continues uptrend the next few days / weeks.
Guys....seems like the bull is on a run...breakout from the triangle liau...congrates to those who hold ya. I haven compile the latest Q result into my graphs and financial ratio, once i had done it, you guys can email me at kakashi123_hatake@hotmail.com
MPI has gathered investors’ interest as they recently announced a strong 3QFY14 result. MPI surged 10.0 sen (+2.31%) to settle at RM4.43 yesterday on high trading volume. The bullish move has caused a breakout from the “Symmetrical Triangle’ chart pattern, hinting that the share could undergo another round of rally. Adding to that, MACD has just crossed over the Signal line, indicating a buy signal and an increase in buying momentum. Traders who look to buy into the stock should target to take profit at RM5.01, while employing a strict stop-loss at RM4.31. This implies an attractive 4.8x reward-to-risk ratio (13.1% upside potential vs. 2.7% downside risk).
Q4 results is going to propel the share price futher (>RM5)...if totday close above 4.6/4.66, short term will be very bullish...Q3 generally is the weakess quarter and Q4 is the strongest quarter...Keep on riding
Haha..way to go for those who are still holding...Bull, your RM1 coming very soon... MPI PE is still much lower compare to inari, Gtronics, etc base on their profit so far. Q4 will be the best quarter historically...minibull is on the run...happy riding guys !
This whole year is going to be technology bull, finger cross. with MPI still have good quarter result to declare and higher dividend, I see no point to dispose. I am not sure how high it will go but as long as the profit is intact, why bother to sell? That's for me la..others might have different trading method. If the new plant in Suzhou capacity is picking up, we will see more growth. so guys, buy more smartphones and tablets. Forget about Pc/laptops...haha
wow...this means both of them are allowed to produce MLF and MLP package for 10 years? RM12.8 mil will be deducted from their year end financial report...this quarter net profit is RM12.7 mil...meaning it will wipe out basically Q3 net profit from their yearly financial report...
Thanks konoyaro for the news...short term will be a bit turmoil...long term company should be still intact...so, investors have to decide whether to log profit right now and go in at lower price, or to average down...who knows, this week might bounce back to RM5...decision, decision
nops.i dont think it will effect em much.the litigation start long time ago,still the price still going up.this really good cmpany.today down just for the news sentiment.it will rebound back again
If the current bull stays, I think MPI can go much higher seeing the current inexpensive PEx and higher margin product mix vs past times. (PE of next yr has to be adjusted back the pym on patent infringement which equals to almost earning of 1 qtr).
If the bull says sayonara, all stocks follow suit, inclusive MPI, and myself.
don;t too over-confident on MPI. The US dollar is weak for the last 2 months. Next quarter result won't be so encouraging. The bull need to take a rest. Smart-phone and ipad is saturated in the market and the product price will go down.
I will consider RM 5 is the maximum. The cycle will reach the peak soon. After world cup, it will down-turn for electronic industry.
Sometimes people are too excited when the price go up and up . They will always say the good things to motivate them self and believe them self. You need some people like me to talk some negative things to wake them up and remind them to be more careful. Im not asking you all to sell ... i;m only asking you all not to be too excited.
5.00 is too much already. Some more 5.20. Just b'cos it do some component of smartphone, everybody chase on it. What so special about their technology.... die-attach, wirebonding, molding..... old technology. Those who continue buy it is not so smart. Your smartphone is smarter than you.
Jolie2: I got your good message and thks for yr good intention. Pls keep on comment so that we can see the bigger picture of the stock and industry.
I have MPI in my portfolio. I would let my MPI flows along the up trend to reap more profit. I aware that this unavoidably associates with some risk in returning part of the paper profit. 吃得鹹魚,低得渴。
Jolie, what is MPI contribution in smart phone industry? die attach, wire bonding, moulding are processes. Its roughly the same across industry. Unless u have a higher precision machine. Otherwise, its the same. So, what differentiate between all these semiconductor package maker? What is the technology you are talking here? Rm5 being very high, or is it reasonable or is it undervalue? Mind to share with us how you judge RM5 is very high? Base on operating cash flow? Base on EPS? Base on historical price? Base on NTA? Why is RM5 high for you?
cimb and alliance give target price of 5.00 . Retailer like us will normally give discount of 10% from this analyst. Therefore, the highest retailer will run and take profit is 4.50. Now 5.00, still don;t want to take profit .... the mpi / carsem is only doing assembly using the same old technology as i mentioned. They are not software technology or wafer fab producer. They are similar to construction firm whether the margin is small. Only the property (in this case the software maker) developer make tons of money , just like sp setia...../
Why put too much hope on this construction firm (assembly firm) ? If you already hit target.... just run.
haha... so your TP of RM5 is base on CIMB and alliance? Guess what, CIMB previous target price is RM4.5 ...so you take profit at RM4?
Read MPI vs Amkor on the new IC packaging. Why your smartphone is getting smaller and smaller? Its new technology. Wafer fab produces right now less than 20nm. You need smaller package like those QFN, leadless IC. This is not assembly firm..they design and manufacture packaging for IC.
I am not saying if I am still holding or I had sold. I am just being neutral and want people like you to talk with facts, not just pluck something from CIMB. Obviously you had not done your study on MPI
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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....
kakashi
2,943 posts
Posted by kakashi > 2014-04-30 16:15 | Report Abuse
Oh no...