Posted by SooHai > 2022-03-07 15:56 | Report Abuse

Gooshen must be laughing to bank
I regret didn't take him seriously
I cut loss 2.75

Posted by lawrgan > 2022-03-07 17:05 | Report Abuse

2022 - Money in the bank still the best.

Posted by richardlam > 2022-03-08 02:31 | Report Abuse

Gold huhu sheng wei in ukraine tensions

Posted by apple168 > 2022-03-08 06:14 | Report Abuse

Short9e

Posted by Zackmeiser > 2022-03-08 08:26 | Report Abuse

War means nothing is more important than safety. And its nuclear war we talking.

Posted by Zackmeiser > 2022-03-08 08:38 | Report Abuse

Volatile market near term

Posted by saberrider > 2022-03-08 08:51 | Report Abuse

today will be like rocket....3.00

Posted by freddiehero > 2022-03-08 08:52 |

Post removed.Why?

Posted by NatsukoMishima > 2022-03-08 08:53 | Report Abuse

1.xx coming

Posted by freddiehero > 2022-03-08 08:55 |

Post removed.Why?

Posted by treasurehunt > 2022-03-08 11:40 | Report Abuse

Derating is on the way to local technology companies and moving forward with the valuation on par with global semiconductor players.

Posted by SooHai > 2022-03-08 12:21 | Report Abuse

I happy I cut loss yesterday
Tech is obsolete when war started
I remember everyone here condemn Gooshen, now I think he is really excellent

Posted by CUTLOST > 2022-03-08 12:46 | Report Abuse

Correction is time to buy..hope can buy at 2.20

Posted by Putrajaya666 > 2022-03-08 16:13 | Report Abuse

Non stop laosai...... Haiz... I hope inari got kicked out from component

Posted by Mabel > 2022-03-08 22:53 | Report Abuse

Rising interest rate vs. chip demand. Malaysia?s technology sector has mirrored the Nasdaq?s performance, which has slipped 13% since the beginning of the year amid expectations of rising interest rates due to worsening inflationary pressures. This is the aftermath of the pandemic which created supply bottlenecks while monetary policies such as raising interest rates have limited impact in easing these disruptions.

On the other hand, semiconductor demand remains robust. According to the Semiconductor Industry Association (SIA), the industry sold 1.15tril chips (up 10% YoY) in 2021, totalling US$555.9bil (up 27% YoY). Global sales for January 2022 continue to be strong with a 27% YoY growth. This is led by sales in Americas which grew 40%, followed by Europe 29% (Exhibit 4). As such, we remain optimistic on the industry, supported by resilient semiconductor demand from the adoption of 5G network infrastructure and devices; vehicle electrification and autonomous driving; and the increasing application of Internet of Things (IoT) among businesses and consumers.

Minimal Russia-Ukraine war impact. We view the Russian military assault on Ukraine as having minimal impact on the local technology sector. Based on World Semiconductor Trade Statistics (WSTS), Russia is not a significant direct consumer of semiconductors, accounting for less than 0.1% of global chip purchases. In addition, the global nature of the semiconductor industry is supported by a diverse set of suppliers for key materials, hence posing neither a significant nor immediate supply chain risk from the invasion. Therefore, we are of the view that the war, which resulted in sanctions on Russia, will have an insignificant impact to global semiconductor demand.

We reiterate our OVERWEIGHT stance on the technology sector and believe investors should seize the recent sell-off as an opportunity to accumulate companies with strong fundamentals. Our top picks are:

MPI: We continue to like MPI for its core strength in investing in the right technology at the right time. MPI is set to benefit from: (i) its early move to produce silicon carbide and gallium nitride power products with applications in electric vehicles, servers, renewable energy and consumer gadgets; (ii) continuous investments in automation for cost optimisation; and (iii) its strong net cash position of RM865mil as at Dec 2021 (11% of market capitalization), which allows for strategic investments, M&A opportunities and greenfield expansions.

Inari: We remain upbeat on Inari?s prospects as a proxy to the rapid growth of 5G telecommunications technology through its radio frequency (RF) business, which is set to benefit from the expected increase in demand for 5G smartphones. The group?s bright earnings outlook arises from: (i) the resilience of its RF earnings due to higher chip complexity in 5G phones; (ii) net cash of RM2bil as at Dec 2021, which translates to 17% of its market cap; and (iii) its continuous efforts to enhance and diversify revenue streams by joint-venturing into outsourced semiconductor assembly and test manufacturing in China.

Risks to the sector stem from:
Persistent supply chain disruptions;
Resurgence of new Covid-19 variants and the efficacy of existing vaccines towards the variants; and
Weaker-than-expected sales due to customers cutting back on production on the back of supply shortages, as well as margin compression from higher material costs and logistics cost, with the latter being further exacerbated by the Russia-Ukraine conflict.

Source: AmInvest Research - 7 Mar 2022

Posted by zaleha > 2022-03-09 00:11 | Report Abuse

technology why everyday drop ?

Posted by Stayhomemum > 2022-03-09 10:08 | Report Abuse

during war and interest rate hike period, usually growth stocks are not in favour for investors. because the stock prices are reflected based on the future earnings profile. Since there is a rate hike + war = economic growth slower, thus expectation of high growth rate tech stocks will be lower = lower p/e ratio

Posted by derrtan > 2022-03-09 10:24 | Report Abuse

zaleha Nasdaq enter into bear market. today technical rebound...suspect further downside because yesterday Nasdaq cannot hold 2% gain

Posted by nicholas99 > 2022-03-09 11:09 | Report Abuse

i think inari is not tech stock. all rebound 5% and above. inari just 1% haha

Posted by EatCoconutCanWin > 2022-03-09 11:14 | Report Abuse

Super low. Buy if got capital

Posted by Stayhomemum > 2022-03-09 19:01 | Report Abuse

why inari didnt go up macam kobay or frontken T-T

Posted by Jokers2020 > 2022-03-09 19:06 | Report Abuse

inari tomorrow..hahaha...too many counter to push up

Posted by paktua73 > 2022-03-10 09:24 |

Post removed.Why?

Posted by CUTLOST > 2022-03-10 10:01 | Report Abuse

Sold 2.90 Tq bot yesterday 2.60

Posted by paktua73 > 2022-03-10 10:08 |

Post removed.Why?

Posted by Xwz9008 > 2022-03-10 12:32 | Report Abuse

Imari limit up today

Posted by Max2838 > 2022-03-10 13:52 | Report Abuse

Berkshire Hathaway (Warren Buffet) largest holding in value is APPLE Inc.
What is Apple main source of revenue? iPhones.
What is Inari main source of revenue? RF chips for iPhones.

Posted by Max2838 > 2022-03-10 13:59 | Report Abuse

Who has the contract to supply RF chips to Apple? Broadcom.
Who is Inari's best customer and initial startup investor? Broadcom.
Where is Broadcom original HQ location? Singapore.
Which country that Inari mainly export to? Singapore

Posted by SooHai > 2022-03-10 19:25 | Report Abuse

US futures drop now
Tomorrow no eye see
Glove stock shadow

Posted by macamyesman > 2022-03-10 19:47 | Report Abuse

Can drop more mou? I want enter more

Posted by lamy92 > 2022-03-10 22:23 | Report Abuse

Comoditi green.. Tomorow comfirm gap down

Posted by Stockhunter88 > 2022-03-11 00:29 | Report Abuse

Whoever chase high today, bertabah la... Nasdaq red sea now

Posted by lamy92 > 2022-03-11 07:51 | Report Abuse

Ooo no comfirm gap down..

Posted by CUTLOST > 2022-03-11 15:08 | Report Abuse

Sold 2.94 second time

Posted by Stayhomemum > 2022-03-11 16:13 | Report Abuse

aiyo Inari, all tech stocks rebound, why you no ohm...

Posted by SooHai > 2022-03-11 16:39 | Report Abuse

Weak and no power
Going to fall soon

Posted by apple168 > 2022-03-14 13:48 | Report Abuse

没有最低，只有更低！

Posted by babanono > 2022-03-14 19:22 |

Post removed.Why?

Posted by SooHai > 2022-03-15 12:15 | Report Abuse

Big selling down
Gone case

Posted by Max2838 > 2022-03-15 13:23 | Report Abuse

Apple had 51 suppliers based in China and Hong Kong in 2020, according to a Nikkei Asia analysis of the annual Apple supplier list released last week.3 Jun 2021.

Apple uses contract manufacturers to produce its devices in China. For example, Foxconn, Pegatron, and Wistron employ hundreds of thousands of workers to assemble Apple devices in China.

Apple has tried to expand its chain of contracted manufacturers to other Asian countries such as India as part of efforts to diversify.

Posted by Max2838 > 2022-03-15 13:31 | Report Abuse

The world's largest iPhone factory, operated by Foxconn Technology Group in the central Chinese city of Zhengzhou, has kept up with its production schedule, despite a jump in new Covid-19 cases...

Posted by rr88 > 2022-03-15 15:50 | Report Abuse

Chart target 1.96. Sell/stay away.

Posted by LossAversion > 2022-03-15 16:15 | Report Abuse

@rr88, if chart is so very accurate, there will always be winners, no losers!

Posted by paktua73 > 2022-03-15 16:43 |

Post removed.Why?

Posted by Stock Kingdom > 2022-03-15 16:48 | Report Abuse

Someone is willing to support the price at RM3, better take the opportunity to offload before you regret later

Posted by Stock Kingdom > 2022-03-15 16:49 | Report Abuse

See if he will be back in a few days time
-------------------------------
paktua73
done paktua reload for last n final..
done eat at rm2.78-2.79..
now hold huge evrge at 2.88+
from now..
will hold until all cloud is clear..
wait back at least 3 month..


tut tut
done alredy in here..
bye bye

Posted by paktua73 > 2022-03-15 17:08 |

Post removed.Why?

Posted by warrenchok90 > 2022-03-16 07:40 | Report Abuse

vroom vroom

Posted by freddiehero > 2022-03-16 08:01 |

Post removed.Why?

Posted by sailang_now > 2022-03-16 09:32 | Report Abuse

Morning...tut tut