The company revenue, profit growth is stagnant and trading at PE of 22 is ridiculous. Fair PE should be around 10. Trading volume is low which means its easily manipulated. Downside risk is very high.
The fun part is, lots of people still hold on with the idea of 1b sales, may be it may achieve sometimes many years later. But more than 5 years still not achieved, it is lousy & fake hope.
happy new year, just landed this morning...this year i will invest big potential, no more penny first as i was told to avoid penny for a time being.. must go in like henguan, petronm..steel counter...and my first target shall b this sam !!!!!!! heard airod will b award something very very very huge job !!! they need to expand by enlarging pd up to few fold size !!! i am in definetly ....
PHLX Semiconductor Index: Semiconductor index with buy-signal!
Since the beginning of 2016, a clear upward trend has dominated the course of the US semiconductor index PHLX and produced a gain of over 140 percent in the barometer. On Wednesday, the index has broken above its highs from 2017 and has thereby set up a fresh follow-up buy signal.
At the same time, this also brought buyers to the scene in this country and spawned a price leap in numerous German technology titles. As a result, technology stocks tend to become more interesting again in the coming weeks and can be traded on the upper side via corresponding long instruments.
Direct price gains up to the upper trend limit of roughly 1,400 points would be quite feasible in the coming days.
North American semi equipment industry posts strong December billings
26 January 2018 North America-based manufacturers of semiconductor equipment posted US$2.39 billion in billings worldwide in December 2017 (three-month average basis), according to SEMI. The billings figure is 16.3% higher than the revised November 2017 level of US$2.05 billion and 27.7% above the December 2016 billings level of US$1.87 billion. https://www.digitimes.com/news/a20180126PR200.html
Malaysian semiconductor stocks have been rebounding. Malaysian semiconductor have been bullish recently. The US semiconductor index has been bullish as well. https://finance.yahoo.com/quote/%5ESOX/components/
The decrease in Group revenue of RM2.1 million was due to the decrease in revenue from the Aerospace segment by RM4.4 million and an increase in revenue from the Equipment segment by RM2.3 million. The lower revenue from the Aerospace segment was due to the lower demand from customers and timing difference. For the Equipment segment, the increase in factory automation and HDD businesses contributed to the higher revenue. The lower Group profit before tax of RM0.7 million was attributable to the lower profit of RM1.4mil from the Aerospace segment as a result of the decrease in revenue being offsetted by the higher profit contribution from Equipment segment of RM0.7 million as a result of higher sales. http://www.malaysiastock.biz/Company-Announcement.aspx?id=1035626
Congratulations to all shareholders the latest quarterly result just released showed very good performance. Revenue, Profit and Earning per Share (EPS) all gone up. SAM should continue to do well focusing on aerospace which is very high tech. Not many companies can enter into this industry. Notwithstanding the above there always be fluctuation of the company performance just like other companies. Very please with the current performance of SAM.
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....
shpg22
2,984 posts
Posted by shpg22 > 2017-10-09 00:51 | Report Abuse
The company revenue, profit growth is stagnant and trading at PE of 22 is ridiculous. Fair PE should be around 10. Trading volume is low which means its easily manipulated. Downside risk is very high.