Hi, if you are interested to discuss and share your opinion regarding good stock, you are welcome to join this telegram (it is new, cause i realized that QES holder are quality), and this group will be private, cause quality > quantity
Friday was a very healthy correction for QES after closing green for few days in a row, just some Friday profit taking. Very obvious that bigger players are accumulating their shares at 0.495 level (3 mil queued lined up 5 mins before market closed). All good! Great counter indeed.
“We are plugging in an aggressive target for growth in FY21; and overall growth should be in the double-digits. I won’t put an exact figure now, ” said managing director and president Chew Ne Weng.(pic)
Director comes out from sleep at right time, double-digit growth in making. Their AUTOMATED OPTICAL INSPECTION machine is the patented product by QES. Each machine giving them more double-digit profit. IN the year 2018 when I buy this stock I compare it to VITROX.
So the conclusion I make, If I want to get a pie from a company like/similar to VITROX, then QES is the best thing to have.
Masih belum terlambat...come in fast. PEG ratio baru at 0.53...still very low..
PETALING JAYA: QES Group Bhd is eyeing a double-digit growth in revenue for the financial year ending Dec 31,2021 (FY21), driven by strong and sustained demand.
“We are plugging in an aggressive target for growth in FY21; and overall growth should be in the double-digits. I won’t put an exact figure now, ” said managing director and president Chew Ne Weng.
QES, which is in the semiconductor industry, makes inspection, measuring, automatic handling equipment for the wider industry.
“We have two divisions, which is distribution and manufacturing. The distribution side is generally very stable so we get about 8% to 10% growth, and that is considered very good. Whereas for the manufacturing side, we’ll try to double up, ” Chew told StarBiz.
He said the manufacturing side of the business chalked up very strong growth in the past few years because it grew from a low base.“Looking at FY19, the manufacturing side chalked up about RM8mil of sales but in FY20 it grew by about three times more to RM25mil. I’m targeting that in FY21 this should be at RM35mil to RM40mil (in sales).
“We are plugging in an aggressive target for growth in FY21; and overall growth should be in the double-digits. I won’t put an exact figure now, ” said managing director and president Chew Ne Weng
QUALCOMM Inc., the world’s largest smartphone chipmaker, warned it is struggling to meet demand, signaling that a global semiconductor shortage is spreading.
"The shortage in the semiconductor industry is across the board, ” said incoming Chief Executive Officer Cristiano Amon.
Like most chipmakers, Qualcomm outsources production to companies such as Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. These suppliers are trying and so far failing to adjust to a vigorous rebound in demand. The auto sector has complained about this recently, but Qualcomm’s comments show the problems are broader.
When the Covid-19 pandemic first struck in early 2020, chip orders initially collapsed. But remote work and studying has spurred demand for computers, while car buying has surged as people avoid public transport. That, in turn, has caused auto and electronics makers to re-up their chip purchases.
Amon said orders for chips that run computers, cars and many other internet-connected devices are swamping the industry, which mostly RELIES ON JUST A HANDFUL OF FACTORIES IN ASIA.
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....
Abdulazizba
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Posted by Abdulazizba > 2021-02-06 16:11 | Report Abuse
https://www.theedgemarkets.com/article/strong-catalysts-expected-push-bursa-next-week