2.80? currently, it is overvalued. Fair value should be Rm2.20. Overseas EMS especially in Taiwan are valued at PE15 only. What makes PIE so special to be valued at PE20??
“Orders are still coming in steadily. We are quite confident of our box-build production [under EMS] as we have built a strong foundation and we remain strong in our existing businesses. New customers are impressed with our one-stop EMS factory set-up,” Mui added.
This includes the addition of surface mount technology (SMT) and plastic injection services at its Thailand plant, on top of the site’s current wire and cable assembly service, in order to optimise capabilities and capacity.
Yes, PIE, another relatives of FOXCONN is EMS for top selling Nintendo n also doing wire.harness = EV needs this cable a lot.,.
Hon HAI = FOXCONN has big plan in EV economy...
Her experts believe EV.CARS will be like manufacturing smart.phones.
FOXCONN can source all the best parts in EV n only needs to build a standard body frame for all car types; car, suv, truck to lorry.
By mass producing, FOXCONN will be the cheapest co to go to for all car brands. Branded car co will only have to design the external looks n perhaps the OS of its in build computers.,.
taiwankia r best in TECH manufacturing. they control it. COST is # 1 enemy to finished products. taiwankia is good at mass production.,. = discount salesmen get all the sales .,.
GAME (OVER) BOY: Nintendo SWITCH Hit by Chip Crisis
The Japanese gaming giant is struggling to meet demand for consoles due to a global shortage of semiconductor chips.
Forecasts have been cut for the fiscal year ahead of the usually busy holiday season, with Nintendo unable to provide reassurances over production, and the development of a new console being hampered by the same issues.
Sales exploded during the Covid lockdowns, but Mario Bros. have more than just some leaky taps to fix to get sales back on track.
Taiwan-based electronics manufacturer Foxconn is moving ahead with a plan to acquire a Lordstown Motors vehicle assembly plant in Ohio for $230 million, the companies announced on Wednesday.
The cash-strapped electric vehicle start-up will find some relief from the capital infusion, while the partnership gives Foxconn a jump start on producing fully electric trucks. Shares of Lordstown rose more than 13% after hours on the news.
According to a statement from the companies, Foxconn acquired $50 million of common stock directly from Lordstown Motors at a price of about $6.90 per share after signing the agreement in September.
Going forward, Foxconn will make a down payment of $100 million by November 18, subsequent payments of $50 million each in February and April, and a final closing payment before the end of April.
PIE Industrial Bhd, has been experiencing a shortage of manpower and the problem is getting worse, says managing director Alvin Mui.
He notes that the major challenge is to retain the local workers due to high turnover, which has caused disruption to PIE’s operations. In addition, the group also faces higher cost pressure as the company needs to keep training new workers.
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....
brian3381
1,888 posts
Posted by brian3381 > 2021-08-13 18:48 | Report Abuse
Result ok la