Posted by kcfan > 2012-05-05 09:49 | Report Abuse

受惠于领域整体前景转明朗，友尼森（UNISEM，5005，主要板科技）下半年将在市场修补库存及智能手机和平板电脑需求带动下看俏，故给予买进评级。

　尽管首季业绩表现欠佳，但根据公司提供的前景报告，最坏的应该已过去。

　该公司指出，顾客已开始填补库存，在智能手机及平板电脑带动下，晶片、覆晶技术、QFN封装服务等，需求皆看涨，次季营业额可按季增8%至10%。

　由于美国客户将转至成都厂房生产，该厂房第3季开始，生产线将更忙碌；至于本地的怡保厂房，使用率则已高达90%至95%。

　该公司指出，就连客户也要求该公司扩充怡保厂产能；不过我们相信，2013财年开始，成都厂房将成为营业额最高贡献者，届时需求所致，位于印尼峇淡岛的厂房亦转亏为盈。

　上述因素推动成长，我们预计下半年的成长会非常强劲，因此分别上调2012财年及2013财年成长预估4.2%及3.3%，目标价亦从1.60令吉调高至1.70令吉。

Posted by Namoyaki Takarajima > 2012-05-05 12:40 | Report Abuse

POSTED SAME AS ABOVE-TRANSLATED.

Benefit from the field overall outlook uncertain, Unisem (UNISEM, 5005, the main board technology) in the second half will be in the market patch inventory and smart phones and tablet PCs demand driven look pretty, it is given a buy rating.

Although the first quarter of poor performance, according to the report of the prospects offered by the company the worst should have been in the past.

The company pointed out that the customer has begun to fill the inventory, smart phones and tablet PCs to drive, chip, flip chip technology, QFN package services, the needs are bullish, the second quarter turnover of Quarterly by 8-10%.

U.S. customers will be transferred to the Chengdu plant production in the third quarter of the plant began production line will be more busy; local Ipoh plant utilization rates already as high as 90-95%.

The company noted that even the customers requested the company to expand Ipoh factory capacity; However, we believe that the beginning of fiscal year 2013, the Chengdu plant will be the highest contributor to turnover, when demand caused by the plant in Batam in Indonesia turn The loss for the surplus.

Promote the growth of the above factors, we expect the second half of the growth will be very strong, were raised in fiscal year 2012 and fiscal year 2013 growth forecast to 4.2% and 3.3%, target price increased from 1.60 ringgit to 1.70 ringgit.

Posted by vinzcent > 2012-05-05 15:14 | Report Abuse

thank you ;)

Posted by ST > 2012-05-08 17:27 | Report Abuse

thumbs up!!!

Posted by kl foong > 2012-05-08 18:45 | Report Abuse

good translation.

Posted by ST > 2012-05-18 09:29 | Report Abuse

time to buy....flying soon..

Posted by ST > 2012-05-21 17:29 | Report Abuse

Slow and steady hike..

Posted by usry > 2012-05-21 17:32 | Report Abuse

this counter is low profile..will see & buy few tomorrow..

Posted by kcfan > 2012-06-07 23:55 | Report Abuse

(UNISEM, 5005, Science and Technology Division), the reasonable price of one ringgit 84 cents, to outperform the market optimistic about the Chinese demand for chips is stronger than expected, Chengdu business materials to support future earnings growth in the long run, Industrial optimistic about the company is expected through cooperation with a customer, advanced packaging technology knowledge.

Posted by kcfan > 2012-06-08 23:02 | Report Abuse

Review of semiconductor
stocks
As previously highlighted, both MPI
and Unisem, reported poor sets of
results during the seasonally-weak 1Q.
Demand during the quarter remained
weak but we understand that orders
started to pick up towards the tail end.
Utilisation rates also improved
slightly during 1Q12 (Unisem’s was
60% while MPI’s was in the the low
60s) and are expected to rise back to
70-80% levels in 2Q12. Unisem’s
results were in line but MPI slightly
disappointed. We expect earnings to
gradually strengthen in the next 2-3
quarters.

Posted by kcfan > 2012-06-08 23:07 | Report Abuse

Unisem is also our top pick
Unisem remains a Trading Buy and our top pick within the semiconductor space. We expect the company to report net profits over the next few quarters. We prefer Unisem to MPI given its higher trading liquidity, beta and free float. The recent pull-back in share price should present an opportunity for investors to accumulate the shares. Our target price of RM1.87 is based on 1.25x FY13 P/BV, a 25% premium over its 5-year historical average.

Posted by zamry zainal abidin > 2012-06-09 00:36 | Report Abuse

good luck ....kindly fly

Posted by Fat Cat Tim Buddy > 2012-06-09 00:54 | Report Abuse

unisem also top pick? notion is better

Posted by kcfan > 2012-06-11 21:32 | Report Abuse

UNISEM (5005/1.32), Buy: Technical rebound, oversold

Posted by kcfan > 2012-06-13 21:32 | Report Abuse

Semiconductor – Data Still Points To A Recovery Overweight
Sector Update
Unisem – Fair value is RM1.84 Outperform
MPI – Fair value is RM4.08 Outperform
Notion Vtec – Fair value is RM1.38 Outperform
With signs that the eurozone economy will likely fall into a contraction, it is unlikely that chip sales in the EU will see any recovery in the medium term.
However, we believe this will not hamper the sector’s recovery which, in our view, will be driven mainly by the pick up in the US and Asia.

Posted by zamry zainal abidin > 2012-06-13 22:25 | Report Abuse

Good news...wait n see

Posted by kcfan > 2012-06-18 20:51 | Report Abuse

Unisem (M) Bhd expects to record double-digit growth this year after its poor performance last year, as it focuses on tier-one clients and the China market.

Its chairman John Chia said on Tuesday that while the company did not do well in the first quarter of this year, the "worst is over" and that the Unisem "should see successive growth in the balance of the year".

"I think it would be a significant double digit growth for the full year and the forecast from our customers for the third and second quarters are strong," he said after the AGM.

(Analysis: Price found its support around 200MA and facing a cluster of resistances. Short term, price will not moving fast. Holding power is important for this counter.

Posted by kcfan > 2012-07-03 21:30 | Report Abuse

Unisem may continue to climb after the firm close yesterday. A position can be initiated above the prior two-week high of RM1.39, with a close below last week's low of RM1.34 as a stop-loss. The price targets are the prior highs of RM1.56 and RM1.63. However, the stock may decline if the stop-loss is triggered.

Posted by kokopipi > 2012-07-03 22:20 | Report Abuse

aiks....still a long way...i am unisem employees

Posted by kcfan > 2012-07-03 22:31 | Report Abuse

Kokopipi,Is good as a Unisem employee.You should know more on company status progress.Have a nice trading day's .Thanks.

Posted by kcfan > 2012-07-04 11:30 | Report Abuse

The research house raised the fair value of companies such as Unisem M Bhd, Malaysian Pacific Industries Bhd (MPI), and Notion Vtec Bhd.

RHB raised Unisem's fair value to RM1.90 per share from RM1.84 previously, MPI to RM4.12 per share from RM4.09 and Notion Vtec to RM1.51 per share from RM1.31.

All three semiconductor stocks are all rated as "outperform"

Posted by igain88 > 2012-07-11 23:12 | Report Abuse

oh yes ...i look see and wait !!

Posted by zamry zainal abidin > 2012-07-12 00:09 | Report Abuse

good news...

Posted by kokopipi > 2012-08-01 23:22 | Report Abuse

is time to accumulate...annual report is coming....

Posted by usry > 2012-08-01 23:29 | Report Abuse

thanks for the info.. will act accordingly..

Posted by Kim Yap Lau > 2012-08-01 23:51 | Report Abuse

Among the Malaysian semiconductor stocks, RHB downgraded Unisem (M) Bhd and Malaysian Pacific Industries Bhd to ’market perform’ from ’outperform,’ and cut its fair value to RM1.35 from RM1.90, and RM2.77 from RM4.12, respectively.

http://adf.ly/BRf3V

Posted by usry > 2012-08-02 11:55 | Report Abuse

this means,we need to wait it fall to RM1.20 or below..

Posted by 1621 > 2012-08-02 14:44 | Report Abuse

Alliance said do not miss rised . That time is price at 1.38, 1.39 but now is drop n drop. What research for. News is not correct

Posted by limweichuen > 2012-08-02 17:21 | Report Abuse

UNISEM...haiz....no sign of upwards...

Posted by Anua Bin Ahmad Rosdi > 2012-08-03 15:03 | Report Abuse

jika ada peluang minggu depan aku nak masuk rm 1.15

Posted by gajah > 2012-08-06 10:08 | Report Abuse

UNISEM 2Q will come out this thursday. Does anyone has any clue?

Posted by Wei Zhe Lee > 2012-08-06 15:29 | Report Abuse

bro gajah how did u know that the report is going to come out on thursday

Posted by gajah > 2012-08-06 16:45 | Report Abuse

In the CIMB calendar

Posted by Wei Zhe Lee > 2012-08-06 16:50 | Report Abuse

bro gajah do you know where can I view the calendar?

Posted by gajah > 2012-08-06 17:06 | Report Abuse

Simple, if you're a CIMB iTrade client, it's in their daily research report.

Posted by Wei Zhe Lee > 2012-08-06 17:09 | Report Abuse

I'm using aminvestment bank too bad they dont provide all these....

Posted by gajah > 2012-08-08 05:29 | Report Abuse

http://www.marketwatch.com/story/netapp-among-gainers-as-tech-stocks-rise-2012-08-07?siteid=yhoof2

Is today the day for UNISEM?

Posted by Wei Zhe Lee > 2012-08-09 13:54 | Report Abuse

today right?

Posted by 1621 > 2012-08-09 16:45 | Report Abuse

When only can go up. I buy 1.39. Big losses now.

Posted by gajah > 2012-08-09 20:58 | Report Abuse

Die, die, die. The only consolation is - net asset = 1.56

Posted by tarzan67 > 2012-08-09 21:12 | Report Abuse

gajah...net asset 1.56 so what? they are precision tools, r&d, folk lift, old trucks, mistress handphone and apartments, old furniture, directors bmw and merc. carpets, old stocks, old newspaper, old milo tins. this thing they sell only when company kaput. currently worth 25cent only, when company kaput, they sell by weight, plus sales and admin cost in selling, balance of net asset 5cents.

Posted by ckinsg > 2012-08-09 21:12 | Report Abuse

unisem post net loss... share px sure tumble tomorow... no hope... hahaha

Posted by gajah > 2012-08-09 21:24 | Report Abuse

tarzan67- they're enjoying themselves, are'nt they? Ya, these old directors, with old BMW's n mercs, old Milo tins; but the mistress is surely that poor young thing.

Posted by bryan_su > 2012-08-09 21:29 | Report Abuse

aiya, always like that, tmr those research house wil start saying.. now is the dark time, and the darkness will over soon, buy now to wait for the sun rise, and then they throw like hell la... normal...

Posted by tarzan67 > 2012-08-09 21:29 | Report Abuse

gajah... mistresses all in europe la. the joker bought few lamborginis and supercars in europe. only the investor sorhai everyyear listen to the same stories since 2002.

尽管首季业绩表现欠佳，但根据公司提供的前景报告，最坏的应该已过去

this one paragraph cut n paste 40 times already since 2002.

Posted by ckinsg > 2012-08-09 21:45 | Report Abuse

unisem sure back to rm1.00
cut to sell
ha hah ha

Posted by tarzan67 > 2012-08-09 21:47 | Report Abuse

ck,

company : Unisem (M) Berhad
Target price in 12 months : 0.03 (3cents)

Research by Jungle Research.

Posted by ckinsg > 2012-08-09 22:38 | Report Abuse

Then unisem falls under pn17 n telwp more yrs delist.... Ha ha ha

Posted by 8888 > 2012-08-09 22:58 | Report Abuse

buy mmode better la at least profit and growing company

Posted by limsgn > 2012-08-10 21:56 | Report Abuse

any comment on this unisem , drop much today... will it continuos to drop by monday...??/