One of the trick commonly practiced in the market is that syndicate or boss of company pushes price up few days before poor qtrly result released, so that they can dispose share on hand to small fishes. Just watch out if SK is one of them.
There is also a possibility from “positive” side that its upcoming qtrly report is good and those who knows it earlier from accounting firm or boss of the company buy it first. We are outsiders, cannot know it precisely. Just trade based on our best judgement. I may sell SK this afternoon at few cents higher. Makes 4% only after holding for 10 years. Not a good investment but need to take back some cash in anticipation of tsunami crashing in US market. Good luck.
the 2019 list of the MMI Top 50 EMS providers. 1 HonHai Precision (Foxconn) New Taipei, Taiwan 2 Pegatron Taipei, Taiwian 3 Jabil Circuit St. Petersburg, FL 4 Flex San Jose, CA 5 Wistron Taoyuan, Taiwan 6 Sanmina San Jose, CA 7 New Kinpo Group New Taipei, Taiwan 8 BYD Electronics Shenzhen, China 9 Celestica Toronto, ON, Canada 10 USI Shanghai, China 11 Venture Singapore 12 Plexus Neenah, WI 13 Benchmark Electronics Scottsdale, AZ 14 Shenzhen Kaifa Shenzhen, China 15 Zollner Zandt, Germany 16 Fabrinet Grand Cayman, Cayman Islands 17 SIIX Corp. Osaka, Japan 18 UMC Saitama, Japan 19 Kimball Electronics Jasper, Indiana 20 Integrated Micro-Electronics, Inc. Laguna, Philippines 21 Sumitronics Tokyo, Japan 22 Asteelflash Neuilly, France 23 V.S. Industry Berhad Senai, Malaysia 24 Pan International Taipei, Tawian 25 Kaga Electronics Fremont, CA 26 VTech Communications Hong Kong 27 ATA IMS Berhad Johor Bahru, Malaysia 28 NEO Tech Fremont, CA 29 Ducommun, Inc. Santa Ana, CA 30 Global Brands Mfg. New Taipei City, Taiwan 31 Enics AG Zurich, Switzerland 32 VIDEOTON Székesfehérvár, Hungary 33 Scanfil Sievi, Finland 34 Katolec Japan 35 Neways Electronics Son, The Netherlands 36 PC Partner Dongguan, China 37 3CEMS Group Taipei City, Taiwan 38 Orient Semiconductor Electronics Kaohsiung, Taiwan 39 WKK Technology Hong Kong 40 Shenzhen Zowee Tech Shenzhen, China 41 SVI Bangkadi, Pathumthani, Thailand 42 Key Tronic Spokane Valley, WA 43 Wong’s Intl. Holdings Hong Kong 44 DBG Huizhou, China 45 Computime Hong Kong 46 ALL CIRCUITS Meung Sur Loire, France 47 GPV Group Aars, Denmark 48 Hana Microelectronics Bangkok, Thailand 49 LACROIX Electronics Saint Herblain cedex, France 50 Katek SE Munich, Germany
Not invested in skp but qr seems good to me if you study carefully. Increased revenue, margin drop due to mco, management positive on prospect (supported by strong revenue), strong operating CFs, and strong balance sheet. Looking to join if price is good. PE too high for me now as compared to local and regional peers.
how are you usre that its a1/2 month MCO effect? what if they dont get to bill their customer for the full March, which means only Jan/Feb, they already hit 426mm, if March is a full billing, that would be more than RM600mm revenue.
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....
SJSOON
2,576 posts
Posted by SJSOON > 2020-06-09 22:44 | Report Abuse
Buy buy buy, good model, have positive prospect once the economy is recovering. TP1.70