Posted by neohts > 2021-05-25 09:28 | Report Abuse

Normally for the month of MAY, market mostly down.
Then by JUNE onward market will start slowly going up. This is based of many years trend.
We still need to see the financial result of the company.

Posted by NewbieInvestor1 > 2021-05-25 12:02 | Report Abuse

feel like rr ration is quite good for this counter

Posted by Ron90 > 2021-05-25 12:23 | Report Abuse

it related trend..bottom olready..buy ler

Posted by neohts > 2021-05-27 08:21 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/05/27/on-course-for-a-rebound

On course for a rebound

Posted by Mr.Sm Invest123 > 2021-05-27 08:46 | Report Abuse

Wow

Posted by Mr.Sm Invest123 > 2021-05-27 08:50 | Report Abuse

Semiconductor-related companies have generally unveiled impressive year-on-year (y-o-y) results for the first three months of the year.

GEORGE TOWN: Globetronics Technology Bhd expects to see a rebound in its business in the second half of this year following what is expected to be a soft performance in the first six months of 2021, amid speculation that the semiconductor industry could be heading towards inventory correction.

Group chief executive officer Datuk Heng Huck Lee (pic below) told StarBiz that there had been news reports from Taiwan that some electronics device makers were anticipating an inventory adjustment soon.



“Taiwan-based chipmakers have seen some clients slow down their future orders. Some are revisiting their production plans amid weakening demand in some major markets.

“For Globetronics, the order forecast for our sensors and optic products still remains steady. Our customers provide us our forecast guidance regularly and we are cautiously optimistic with the second-half performance, ” he said.

Heng also noted that despite a foreign media report which highlighted the possibility of one of the company’s major sensor customers losing market share in certain sensors for smartphones, Globetronics has not received any official notification that any of its sensor lines will reach the end-of-life stage.

In any case, Heng expects the group’s performance for the first half of the year to be soft.

The group posted a net profit of RM12.5mil in the first quarter ended March 31,2021, a 15.1% increase from RM10.9mil a year ago. Revenue rose only marginally to RM55.4mil from RM53.9mil previously.

“The second quarter will also be soft as the shipment of our sensors is expected to decline slightly. But in the second half, we expect a rebound with improved results, ” he added.

Semiconductor-related companies have generally unveiled impressive year-on-year (y-o-y) results for the first three months of the year.



For instance, Inari Amertron Bhd’s (pic above) net profit for the third quarter ended March 31,2021 more than doubled to RM81.9mil from RM35.1mil a year earlier. Revenue grew by 41.4% to RM342.9mil on higher contribution from its radio frequency business.

Meanwhile, Unisem (M) Bhd posted a net profit of RM45.4mil for its first quarter ended March 31,2021 compared to a net loss of RM2.8mil a year ago. Its top-line for the period increased 46.6% to RM373.9mil from RM255.2mil previously.

Analysts have maintained a positive stance on the semiconductor sector as global supply remained tight.

Notably, Taiwan, the world’s leading producer of cutting-edge semiconductors, has been struggling to meet the boom in demand for chips. The recent surge in Covid cases in Taiwan may further hinder production just as it is dealing with power outages triggered by a drought.

The onset late last year of chip shortages have hobbled industries from autos to computer gaming. For 2021, the World Semiconductor Trade Statistics organisation forecasts global semiconductor sales to grow by 6.6% to hit a record high of US$469.4bil (RM1.9 trillion) thanks to increasing digitalisation globally amid the Covid-19 pandemic.

According to the worldwide Semiconductor Industry Association (SIA), Malaysia is one of the key players in the global semiconductor trade that contributes US$89bil (RM367bil) or 7% of total trade flows.

Malaysia is also the United State’s largest semiconductor trading partner – standing at 24% market share.

As a semiconductor exporter to the US, SIA noted that Malaysia is a leading hub for semiconductor’s assembly, test and packaging as well as a growing destination for semiconductor equipment and toolmakers.

Heng said the group is now developing next generation sensors for upcoming smartphones, wireless earplugs and new electronic devices which are scheduled for mass production in the second half of this year and the first half of 2022.

“The smart sensor business segment generates over 56% of our group’s revenue in 2020, and it continues to remain as a major contributor to our revenue this year, ” he added.

On Globetronics’ other business segments, Heng said its laser module, optics products and quartz timing devices were essential components or products used in specific lighting, automotive lighting and industrial automation.

The group is on track to complete the expansion of its factory cleanroom space by another 30,000 sq ft in Penang by August 2021. At the same time, Globetronics is also finalising a RM10mil to RM15mil capital expenditure to modernise its advanced sensor manufacturing operations with smart automation to comply with Industry Revolution (IR) 4.0 requirements.

“Another RM20mil to RM30mil has been allocated for further IR4.0 implementation over the next two years. We may invest another RM10mil of research and development tools to develop the next generation sensor packaging.

“The International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker had original

Posted by Ron90 > 2021-05-27 09:16 | Report Abuse

see.. up already.. hehe

Posted by Ron90 > 2021-05-27 09:22 | Report Abuse

i could say that we have seen the bottom of it..with latest good QR, it might fly very vey soon.

Posted by Mr.Sm Invest123 > 2021-05-27 10:36 | Report Abuse

Hold tight

Posted by WinningBenning > 2021-05-27 23:26 | Report Abuse

One way ticket ...up!

Posted by GooShen > 2021-05-28 14:16 |

Post removed.Why?

Posted by soon9913 > 2021-05-29 22:05 | Report Abuse

why the price keep dropping

Posted by ABSBOSS > 2021-05-30 09:39 | Report Abuse

last year when total lockdown tech stock uptrend is it?

Posted by Bgt 9963 > 2021-05-30 09:50 |

Post removed.Why?

Posted by SHQuah > 2021-05-31 07:45 | Report Abuse

https://www.theedgemarkets.com/article/miti-allows-18-manufacturing-and-manufacturingrelated-services-mrs-sectors-operate-under-mco

Posted by Bgt 9963 > 2021-05-31 08:20 |

Post removed.Why?

Posted by neohts > 2021-05-31 11:11 | Report Abuse

Globetronics production continue without shut down during Lock Down.

Posted by Ron90 > 2021-05-31 11:55 | Report Abuse

slowly gaining momentum for it related indistry..

Posted by kl_guy > 2021-05-31 15:38 | Report Abuse

look like down trend is over for gtronic. market today down , gtronic still green

Posted by Ron90 > 2021-06-01 11:45 | Report Abuse

globtronic on FIRE !!..hehe...

Posted by kl_guy > 2021-06-01 13:04 | Report Abuse

gtronic continue on uptrend

Posted by jolynce > 2021-06-01 19:01 | Report Abuse

Gtronic is doing so well lately. Sold some at 2.20 today and then bought back at 2.15.

Posted by SHQuah > 2021-06-02 18:28 | Report Abuse

Dividend confirmed.

Posted by Ron90 > 2021-06-02 19:10 | Report Abuse

end of market..always drop few cents..shit..hehe

Posted by Mr.Sm Invest123 > 2021-06-02 19:20 | Report Abuse

1 cent interim + 1 cent Special Dividend

Posted by Ron90 > 2021-06-02 20:34 | Report Abuse

total dividend in 2019 = 7.5 cents, 2020 = 7.5 cents. This year already 5 cents just for 2 qr. means business is good la :-)

Posted by jolynce > 2021-06-03 15:14 | Report Abuse

sold @2.20 yesterday.. wanted to buy back lower but didn't manage to, well..just bought back @2.14. Will buy more if it goes lower. I have confidence in Gtronics with its good fundamentals. And it has given me some good pocket money in the past few days. :)

Posted by ivanlau > 2021-06-04 22:09 | Report Abuse

Insider news, 2021 2nd half order break the record........it is a good sign for this stock......

Posted by Powerplay666 > 2021-06-05 13:42 | Report Abuse

Will be worth collecting only after Q2 results because Q2 expected to be slow and will affect the price. After Q2 collect kow kow on second half explosion of business. I am looking at 1.80 to collect. Depends how strong the rm2 support holds

Posted by kl_guy > 2021-06-13 12:10 | Report Abuse

gtronic shareholder and epf has been selling from March 2021 till 28April2021 . From bursa record can see that epf and shareholder has been collecting from 28Apr till today.
This show that selling is over and in accumulation mode.
With earning getting better coming month. The chances of Gtronic share price getting lower is slim. Why not collect now and wait for recovery. It is better than chasing counter that call buy from the trading sifu in the FB or telegram. You might be the victim of the their trading play.

Posted by RainT > 2021-06-14 16:24 | Report Abuse

below 2.00 to all in

Posted by kl_guy > 2021-06-15 09:39 | Report Abuse

by looking on gtronic trend . below rm2.00 is not lively.

Posted by Ron90 > 2021-06-15 10:50 | Report Abuse

still cannot break 2.20..

Posted by amet2017 > 2021-06-15 11:16 | Report Abuse

Beautifully controlled. Otherwise how market maker want to make money from you

Posted by kl_guy > 2021-06-15 13:02 | Report Abuse

https://oilprice.com/Energy/Crude-Oil/US-Oil-Prices-Hit-32-Month-High-On-Rising-Global-Demand.html

Posted by kl_guy > 2021-06-15 13:03 | Report Abuse

WTI US71.12, Brent US73.09

Posted by Powerplay666 > 2021-06-15 21:14 | Report Abuse

kl_guy.. The collection might be happening now but Gtronic themselves have declared that coming Q2 is expected to show some slowdown before picking up again for rest of the year. I will take my chances to see if I can get around 2 or 1.90 when they announce their Q2.

Posted by NewbieInvestor1 > 2021-06-16 09:49 | Report Abuse

cup and handle forming?

Posted by Ron90 > 2021-06-16 10:44 | Report Abuse

according to the chart.. this counter should be able to break resistance at 2.20 ..provided that activity supported by big volume, at least over 2 million. if 4 million.. boleh fly cepat la

Posted by jolynce > 2021-06-16 13:19 | Report Abuse

yay well done! 1.90? err.. don't think so *touch wood* Probably around 2.10 can collect more.

Posted by NewbieInvestor1 > 2021-06-16 14:09 | Report Abuse

hope it can stand above 2.20 today, left this counter havent wake up

Posted by jolynce > 2021-06-16 16:10 | Report Abuse

tomorrow ex date right? dividend 2c

Posted by jolynce > 2021-06-16 16:10 | Report Abuse

oh sorry.. Fri June 18

Posted by GooShen > 2021-06-17 08:54 |

Post removed.Why?

Posted by Powerplay666 > 2021-06-17 15:30 | Report Abuse

Price will remain sideways until Q2 announcement. Management expects soft Q2. Collect to the max upon any price weakness at that point . If you know you know. Second half of the year onwards is the jackpot period for the company.

Posted by kl_guy > 2021-06-18 11:08 | Report Abuse

gtronic sudah mali.

Posted by jolynce > 2021-06-18 13:19 | Report Abuse

today is tech day!

Posted by Ron90 > 2021-06-18 14:32 | Report Abuse

semicon time ... beli warrant last week.. lagi banyak untung. :-)

Posted by Ron90 > 2021-06-18 16:51 | Report Abuse

its a trap for those who sold for dividend..haha.. Gtronic finnaly breaking the resistant with style..hope nx week, semicon theme finally arrived

Posted by GooShen > 2021-06-18 23:31 |

Post removed.Why?