@westeros too many newbie investors not knowing what and how..the lack of know-how kills..that's also how they are being exploited and paid heavy school fees for this serious lacking..sad for them but couldn't help..hope they get wiser over time..cheers..
I have been holding since 0.5 and will nvr sell my shares of this company! This is because tech is the future and its gonna be a very useful resource in the future. I am just fed up with reading all these negative comments in the forum. Plus QES has a very strong profiability portfolio and if its going on a downtrend it will rebound really quick because this company is very strong and stable. Its just a minor consolidation from the recent growth and also with the affect of the market but QES will always rebound back and make ath again. Its a trend that we see here in this counter. So if your thinking that its downtrend dream big then, because i am tilling you it will always rebound back strong. Take today as an example. That is my opinion of the company and its future growth!
Holding is golden. Just keep this gem in the freezer and check again in two or three months time. I bet you it will easily be over rm1. Possibly close to 1.50
Lam Research Corporation is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry, a US Fortune Top 500 company whose share price trading at 625.42 USD is a client to Applied Engineering. I believe most of the Qes shareholder has memory that the company has signed a Memorandum of Understanding with Applied Engineering to Joint Venture into a new factory in Batu Kawan in the near future. With my basic understanding, Lam Research had setup a factory in Batu Kawan industrial park. https://investor.lamresearch.com/news-releases/news-release-details/lam-research-expand-global-footprint
Qes will have a mega advantage in their following expansion when they secured the JV with Applied engineering. Lam research, an existing client of AE, the minimal transport cost to their product when they deliver to Lam which is within the same industrial park. I strongly believe that Qes can potentially to grow as big as Penta, Inari, Frontkn and Vitrox ( Big boys which CEO mentioned in the interview).
Yes it was expressly stated in page 2 of the MOU under roles of QMG -Providing an office and factory space in Batu Kawan for the future expansion of the JV Company. The key point in this is Qes has expand its client network with the help of AE and vice versa. In MOU it does mention that Qes will deepen their business networks in China when they materialise the JV.
Greenhat good info shared to those who know what value investing is they will hold tight and wait for the counter to ripe. Just like the musang King durian tree once you have planted it you have to wait for 5 to 6 years for it to bear fruits then you can enjoy its fruit. Similar to value investing you invest in a strong company to grow with it and once it bears fruit you will be able to laugh all the way to the bank. Patience is a virtue
Human brain will process logical things in left brain n process emotional things at right brain ... Our mind will make decision based on either logical or emotional, or combination of both ...
Covid is covid. Eventually life still need to get on and learn to live with it. Covid will not disappear in near future. Even u lock down for next 2 years and all economy stop, covid will still survive. Unless the entire population wiped up then only can break the covid spreading chain. So time to learn how to live with it
those traders panicking are thos buying recovery stocks ! As I've mentioned, tech is the only way to go during and post covid...btw, the Malaysian technology index is starting to trend upwards...Nasdaq is hot ! Use the logical side of your brain and you'll see that you need to jump on board !
This is a great piece of news for those newbies who are in great need to calm their soul..however, without this news, we would already know where this is heading to..peace and cheers..
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....
Weechichi
453 posts
Posted by Weechichi > 2021-07-13 17:10 | Report Abuse
@westeros too many newbie investors not knowing what and how..the lack of know-how kills..that's also how they are being exploited and paid heavy school fees for this serious lacking..sad for them but couldn't help..hope they get wiser over time..cheers..