Posted by arv18 > 2014-02-10 19:19 | Report Abuse

a good stock?????? u have got to be kidding

Posted by AyamTua > 2014-02-10 23:42 | Report Abuse

arv18: comment almost similar like LIM (in IRIS forum) - hilarious.. kikiki

Posted by a965923k > 2014-02-11 01:46 | Report Abuse

agree with kelvin.... wait what AT has to say 6 mths time....

Posted by arv18 > 2014-02-11 02:01 | Report Abuse

okay. quiz time. what was unisem & MPI (since also in similar industry) all time high?

clue: please refer to your history books circa 1999-2000

Posted by arv18 > 2014-02-11 02:04 | Report Abuse

of course. if you traded and made money. power to you. but don't tell me to be holding this stock like Warren Buffet and Coca Cola. Puuuuuhhhhllllleeese!

Posted by don218 > 2014-02-11 17:06 | Report Abuse

People give opinion to buy. U dun agree ok la. Calm down . Good or bad share . We will know very soon within this month

Posted by arv18 > 2014-02-11 17:48 | Report Abuse

don: the answer to the quiz is unisem - RM10, MPI - RM50

Lets looks @ last 8 quarters financials for unisem...

F.Y. Quarter Revenue Profit b Tax Profit Attb. to SH EPS
2013-09-30 246,780 -535 -1,113 -648 -0.10
2013-06-30 246,931 -1,281 -4,769 -4,195 -0.62
2013-03-31 249,723 -10,323 -10,283 -9,744 -1.45
2012-12-31 269,440 -20,036 -20,174 -19,501 -2.89
2012-09-30 282,952 9,086 8,330 8,306 1.23 -
2012-06-30 282,945 -8,242 -7,762 -7,582 -1.12
2012-03-31 256,611 -16,240 -13,686 -13,529 -2.01
2011-12-31 273,180 -5,134 -2,522 -2,531 -0.38

hmmmmm. losses for the last eight quarters. lovely!

i don't know if this is a 'good' or 'bad' share but happy investing :)

Posted by don218 > 2014-02-11 17:56 | Report Abuse

Buy low sell high on share with potential. Ya i know unisem been in down turn for 2 years. Diu u go buy comp with good profit result . But it high . Dun come here kaka chau chau.

Posted by Tommylim > 2014-02-11 18:00 | Report Abuse

Quick look, Unisem grew its revenue from 200 millions in 1998 to 1 billion a year last year. However, instead of showing healthy profit margin, for 2 years it register huge losses. Can anyone clarify why Unisem not showing profit despite healthy grow? Thank you.

Posted by Tommylim > 2014-02-11 18:03 | Report Abuse

Arv18, do you think Unisem and Mpi suffer major losses due to US financial economy back in 2008? With robust electronic export, do you think Mpi and Unisem regain their expensive valuation? I believe so but appreciate your guys feedback. Mpi has regain much footing, lets see if Unisem can do the same. Thank you.

Posted by arv18 > 2014-02-11 18:06 | Report Abuse

that is why rarely pay any attention to top line, if EPS is not growing as well. its a hugh red flag if eps is negative as well, unless its due to one-off charges.

you've got leaders like uchitec, gtronic and inari, so why should i invest in unisem. can someone help me out here.

Posted by don218 > 2014-02-11 18:10 | Report Abuse

Semiconductor industry been in down turn for the past few years . Due to eco crisis in u s n euro. Its post to be a good year in 2014. Total global sales been up every month in 2013. Go check sia website. N sox indice. Mpi already show it recover from the down turn given the fact it post 2 consecutives quarter positive result. . People buy share base on comp biz future 6 months in advance. Semiconductor profit can go down n up in huge diff. Its a beta share like steel share. If unisem post positive result this feb. People expect its share price to jump. Usd already down 12 percent since 2013. Unisem trade in usd.these r the reason people buy it. Do yr study before come here tok 3 tok 4. I wont said my bet is sure win . Again buy at yr ownrisk

Posted by arv18 > 2014-02-11 18:11 | Report Abuse

sorry, just saw your post tony. i'm no expert, but i imagine the huge valuation was due to the dot-com boom.

regarding contract manufacturing, i guess MPI and unisem lost out to Foxconn, Hoon Hai Precision, due to the scale.

their business must be pretty low margin, in addition, it seems these companies have poor management teams in place, and are unable to execute.

as to whether or not you can trade and make money, thats a different story...cheers

Posted by Tommylim > 2014-02-11 18:19 | Report Abuse

Guys, just look at the yearly revenue of Unisem. Unisem is showing extraordinary revenue growth. Maybe Unisem invested on latest technology hence suffered 2 years of earnings. And quick look at its financial report, the losses begin to narrow. I think the next quarter report will show positive profit. Sorry, i just begin to learn how to read financial report. But i think this is a turn around story for Unisem. Appreciate you guys feedback. I dont think i am absolute correct. Combine knowledge will complete the picture. Thank you.

Posted by don218 > 2014-02-11 18:21 | Report Abuse

I think unisem boss want to make money too. Buy.

Posted by arv18 > 2014-02-11 18:23 | Report Abuse

Published: Tuesday December 31, 2013 MYT 9:07:00 AM
Updated: Tuesday December 31, 2013 MYT 9:09:30 AM
Affin Research upgrades Unisem to Buy, target price RM1.39

KUALA LUMPUR: Affin Investment Research has upgraded Unisem to a Buy with a target price of RM1.39 and it believes the worst is over for the company.

It said on Tuesday that after two consecutive years of financial losses, management in a recent meeting guided that the worse could be over as the group has restructured itself and is in a position to sail back into profitability in 2014.

“Over the past few quarters, management has focused on product discontinuation of low volume products and has sought to raise average selling prices (ASPs) for others. More recently, Unisem further rationalised its headcount in Batam and decided to shut its Wales operations,” it said.’

Affin Research said Unisem anagement’s decision to close its Europe plant was due to: 1) Wales being no longer profitable; and 2) having adopted a new business strategy where management are more focus towards top tier and mid customer rather than new entrants in the industry.

“Collectively, Batam and Wales have been a drag to Unisem to the tune of RM15mil to RM20mil in losses over the past few years,” it said.

The research house said the management guided that the turnaround in Batam plant was already bearing fruit and had turned earnings before interest, tax, depreciation and amortisation (EBITDA) positive in November 2013.

“We expect Unisem to register its final quarter of loss in 4Q13 on further restructuring charges, but expect a sharp turnaround in profitability in 2014 due to Unisem’s leaner operating structure.

“Without losses from Wales and Batam as well as continued profitability from its Ipoh and China units, we project that Unisem can achieve a FY14 net profit of RM44.2mil (previously RM16.1mil). Our FY13-15

EPS forecast is raised by -14%/+175%/139% respectively on our more upbeat prospects for the company,” it said.

----this might answer some questions.

Posted by Tommylim > 2014-02-11 18:25 | Report Abuse

Don, i agree with you on this. Unisem yearly revenue alone already register billion in sales. It show Unisem is serious and may only need some time to show extraordinary profit. Arv, you do have a point in your doubt. Its important to see healthy profit margin. Lets wait for next quarter report. Thank you.

Posted by arv18 > 2014-02-11 18:33 | Report Abuse

as don said, invest @ own risk. i'm taking a risk, so i'd like some return.

if unisem is able to turn things around, then why not see some improvement in share price. but why has it taken this long to sort out its problems? In the mean time share price has dropped from a peak of RM2.50 in 2010 to RM1 now.

please refer to http://markets.ft.com/research/Markets/Tearsheets/Financials?s=UNISEM:KLS

where is the phenomenal top-line growth? i just don't see it. sorry.

Posted by a965923k > 2014-02-12 07:58 | Report Abuse

i tend to concur with Tommy & don. It seems that Unisem is still fairly strong fundamentally......

Posted by yhtay2k > 2014-02-12 11:16 | Report Abuse

the mgt has gone all out to rim cost, enhance efficiencies on operations, product lines & so forth. I belive they r serious. Hope it will b reflected in the share price soon.

Posted by arv18 > 2014-02-12 11:31 | Report Abuse

i'm sorry but the management is fundamentally incompetent. its clearly reflected in its financials. year after year.

please refer to http://markets.ft.com/research/Markets/Tearsheets/Financials?s=UNISEM:KLS

you sound like you bought the stock @ RM10. if so, my sympathies.

there might be some chance it heads back to 1.40 etc if results improve, but what took so long???

Posted by yhtay2k > 2014-02-12 11:35 | Report Abuse

nope, glad to say that i m only stucked at the 1.10+ range. most small cap stocks have been undervalued, not just unisem...

Posted by cyphua > 2014-02-12 21:29 | Report Abuse

Although Unisem making loss but not so much, the management is poor at this moment, for some people, specially the staff, but the world is turning every day, it will turn over by the top management, I can see some of the top management movement, make money or not is from the top, that why they get so much. the asset is RM1.50, making loss also few sent only, target will back above RM1.50.

Posted by clob1997 > 2014-02-14 15:25 | Report Abuse

Semicon ww has been sluggish for almost 3 years, save for mobile related. Industry players seeing (or rather hoping) 2014 is a turnaround year. This sector is pretty cyclical (& volatile). Consumer can only be sluggish for a period before demand pick up. Is it 2014 or 2015? Upswing can be fast & furious. It is a bet.

Posted by mayleow > 2014-02-14 17:31 | Report Abuse

Target 3

Posted by clob1997 > 2014-02-14 17:56 | Report Abuse

During 2000~2003 wild swings due to dot.com & Y2K bubble burst - all techs deflated. And 911. Many semicon companies never see those high ever again.

Last 2 peaks were 2010 & 2004. 2010 peak was preceded by a crisis, 2003 SARs.
2004 high ~3.1 (accounted for split/bonus), 2010 high ~2.7
> It is making slightly lower highs. To break this, the top guy must be able to foresee the future tech trend and capitalize. Else it will continue to slide or trend sideways. Price swing is wild enough to still profit (possibly handsomely) from trading this counter.

Posted by Tan Ze Chien > 2014-02-15 00:11 | Report Abuse

this counter is warming up to challenge the peak point of 1.12

Posted by kelvintcg > 2014-02-16 13:37 | Report Abuse

Good luck to everyone! Hope everyone make money, live peacefully, healthy and happiness always follow u and family.

Posted by don218 > 2014-02-16 21:02 | Report Abuse

Yes ^^.btw lembaga tabung haji is unisem shareholder also.

Posted by ryan78 > 2014-02-17 20:30 | Report Abuse

Don't be tricked by unreliable voices that the electronics sector is returning.

Japanese top electronics firms Sony and many other companies such as Nintendo already announce major retrenchment and pay cut for top executives. The PC industry sector is dying as we speak.

Sony Cutting 5000 Jobs, Splits TV Ops and Dumps VAIO Computer Line
http://www.electronics-eetimes.com/en/sony-dumps-pcs-splits-tv-op-cuts-5-000-jobs.html?cmp_id=7&news_id=222919955

How can consumers confidence and demand be returning when more and more people are being retrenched by the electronics sector?

Like in the case of Unisem Crumlin plant which shut down in Wales, UK almost made the entire town went jobless.
http://www.caerphillyobserver.co.uk/news/921626/45-jobs-to-go-when-malaysian-firm-unisem-pulls-out-of-crumlin/

The also axed more than 1/2 of their Batam branch staffs.

Even if financial report for this quarter improves, it is actually fabricated to look good with the recent shutdown of its Wals operation and downsizing of the Batam branch staff count by more than 50%.

Unisem downsizing of staff count has been so drastic that even their managers are now resuming job responsibilities once handled by their engineers. Their operations now running on bare support line.

Don't attempt to put you leg into this stock, it's a trap waiting to snap the public's money. A hit and run.

Posted by clob1997 > 2014-02-18 12:04 | Report Abuse

Hire & Fire is a norm in the global tech sector. It has been like that for ages & lately, the firing goes without retrenchment, unless it is under a country's law to retrench.

Investing is always in anticipation of the future. This is the inherent risk in investing. If you wait for electronics giants to report rosy profits, you are likely buying at the peak of the cycle. Unless one has a internal info that is secret, the current price is always reflective of the current market and current market projections.

Cutting staff & cost cutting during the lull period is good in a way that the company can weather the low sales & purge out under performing staff. The company gets to stay afloat while waiting for the boom cycle.

Invest at your own risk. Question is will electronics sector bottom in 2014, 2015 or never (ie company close down before the next boom cycle)?

Posted by Tan Ze Chien > 2014-02-18 19:51 | Report Abuse

next quarter may be profit, this quarter.. most probably still at a lost..because the just shut down their europe plant and get rid some of their Batam workers about 1 month ++ ago.. so for the quartter ending 31/12/2013 probably still maintaining a negative figure..

Posted by ryan78 > 2014-02-18 20:21 | Report Abuse

To those who are still in their wishful hopes of speculation and baseless talks I've got to hand this very simple point to consider.

"How can some CONSUMER SPENDING CONFIDENCE return when more and more people are losing their jobs by the day?"

It is crazy to think that people will still go on a shopping spree spending more like before buying smartphones, computer and gadgets when they are getting retrenched?

Here's another pointer: Many Unisem managers have been noted for updating their LinkedIn account for the recent 6 months.Maybe they're preparing for the inevitable.

Posted by ryan78 > 2014-02-18 20:31 | Report Abuse

Tan Ze Chien, the savings from headcount shed will go towards covering up the heavy loss and improve the reporting for this coming quarter.
Don't be surprise.

If consumer spending is declining, and factories reports production figures are bumping up what does it mean? It means they're stocking up inventories and lying to shareholders that market is improving.

For your information, IC packaging and components have shelf life just like perishables. Humidity retention disables functionality of chips and if they can't be disposed, they'll end up in bins resulting in losses.

Posted by TheTerminator > 2014-02-18 20:43 | Report Abuse

The worst part of Unisem is, they don't have good management to manage their company even they change new president last 2 years. But what Ryan mentioned is logical. Anyway, let's wait for financial result. Btw, their debt around RM540M. Each year need to pay huge interest. And their management also fail to cut cost. This is not a buy or sell call. Trade on your own risk.

Posted by don218 > 2014-02-19 05:45 | Report Abuse

unisem doing export biz la. Local consumer spending sure die la. I am talking about u s eco environment. Consumer confidence been improving with job growth. The ind been in down turn for 2. 3 years. Dun make assumption based on wrong fact. If consumer spending is declining n etc. This happened back to few years ago due to u s eco crisis.

Posted by mayleow > 2014-02-19 19:58 | Report Abuse

if jcy gain profit, unisem sure more profitlah

Posted by don218 > 2014-02-19 20:24 | Report Abuse

Jcy post 33 m . Result released

Posted by don218 > 2014-02-19 20:27 | Report Abuse

The HDD producer recorded higher revenue of RM476.8 million, compared with RM376.8 million a year ago, “due mainly to the higher quantities shipped and better ASP in the reporting quarter”, said JCY in a filing with Bursa Malaysia.

Posted by yhtay2k > 2014-02-20 14:47 | Report Abuse

looks promising, breaking the 1.11 resistance soon..

Posted by clob1997 > 2014-02-21 09:01 | Report Abuse

HPQ seeing green shoots in the pc mkt. XP replacement driving demand.

Posted by clob1997 > 2014-02-26 11:09 | Report Abuse

Short term technical is weak. Double top at 1.13 won. Waiting for it at 90~95.

Posted by don218 > 2014-02-26 11:46 | Report Abuse

Result out soon i believe

Posted by speakup > 2014-02-26 11:48 | Report Abuse

just like JCY, i believe the unisem price already relect good results.

Posted by speakup > 2014-02-26 11:48 | Report Abuse

just a few months ago unisem was only around 85 sen

Posted by don218 > 2014-02-26 11:51 | Report Abuse

Believe me . If unisem post good result . It going back 1.6 all the way. Jcy is a good buy now . 68

Posted by don218 > 2014-02-26 11:53 | Report Abuse

Price move at least 6 months ahead.

Posted by angkor > 2014-02-26 13:22 | Report Abuse

Hoping for good results from Unisem after seeing from jcy & mpi...

Posted by waihung82 > 2014-02-26 17:18 | Report Abuse

bad report.....
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1549097

Posted by TheTerminator > 2014-02-26 17:20 | Report Abuse

Tomorrow gap down to 80cents.