MI TECHNOVATION BERHAD

KLSE (MYR): MI (5286)

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Last Price

1.88

Today's Change

+0.06 (3.30%)

Day's Change

1.82 - 1.89

Trading Volume

1,233,700


9 people like this.

6,969 comment(s). Last comment by KPH5328 3 days ago

家俊

142 posts

Posted by 家俊 > 2023-03-30 16:58 | Report Abuse

2.75 soon. hahahahaha

Posted by zerosumplayer > 2023-03-31 11:09 | Report Abuse

High speed memory demand will definitely increased due to AI application boom i.e. ChatGPT and definitely a catalyst for MI who supplies key materials and packaging equipment

brandon99

151 posts

Posted by brandon99 > 2023-03-31 12:57 | Report Abuse

ChatGPT is not a new thing. It's just AI. AI with knowledge from the web. ChatGPT has been making a lots of mistake lately. You dare to risk your life with ChatGPT. It's just another version of Google search.

nelsonlim

730 posts

Posted by nelsonlim > 2023-03-31 13:00 | Report Abuse

btw why MI drop? folo atech ke?

Posted by zerosumplayer > 2023-03-31 15:13 | Report Abuse

@brandon99. Its not something new but its not the same as google search. The method on how they access, process, and present the data requires a different underlying architecture as well as equipments

tts752

132 posts

Posted by tts752 > 2023-03-31 16:06 | Report Abuse

what happened? dropping so much since this week...

brandon99

151 posts

Posted by brandon99 > 2023-03-31 16:29 | Report Abuse

@zerosumplayer, it's just software. Machine learning hardware can make it run faster.

家俊

142 posts

Posted by 家俊 > 2023-04-01 01:30 | Report Abuse

chat gpt wont do shit for mi share. lol. whoever think it will. i dunno what to say.

brandon99

151 posts

Posted by brandon99 > 2023-04-04 12:49 | Report Abuse

A lots of stock gurus are betting on ChatGPT now. Just like last time Sino-US trade war, they beat the drums that factories from China will move to Malaysia and as the result the tech stocks surged. Even stock gurus promote rubbish, rubbish will rise and then newbies will take the hit a few quarters a later as the reports will still be bad.

Joyce126

627 posts

Posted by Joyce126 > 2023-04-05 18:30 | Report Abuse

Still support at 180
About time to move forward

kutipkutip

1,100 posts

Posted by kutipkutip > 2023-04-11 10:23 | Report Abuse

1.820

kutipkutip

1,100 posts

Posted by kutipkutip > 2023-04-12 02:50 | Report Abuse

besok hijau !

kutipkutip

1,100 posts

Posted by kutipkutip > 2023-04-12 11:18 | Report Abuse

pagi turun , petang naik buat ekor ?

whaleing

253 posts

Posted by whaleing > 2023-04-12 14:38 | Report Abuse

After lunch rebound

家俊

142 posts

Posted by 家俊 > 2023-04-13 13:50 | Report Abuse

should be up soon

kutipkutip

1,100 posts

Posted by kutipkutip > 2023-04-14 01:57 | Report Abuse

gap up limit up !

goody99

1,814 posts

Posted by goody99 > 2023-04-17 09:03 | Report Abuse

it does not look good.

家俊

142 posts

Posted by 家俊 > 2023-04-17 10:19 | Report Abuse

hmm looks like will reach 0.382fib before bounce which is rm1.62
its a dead town now. no one active. hahaha

goody99

1,814 posts

Posted by goody99 > 2023-04-17 12:34 | Report Abuse

what is the price if it drops to 0.5fib?

家俊

142 posts

Posted by 家俊 > 2023-04-17 14:05 | Report Abuse

then they will continue keep quite until it soar back to previous ATH.
stating they been sapu all the while. lol

Posted by NoTimeToTrade > 2023-04-17 14:11 | Report Abuse

if fall to 0.382, the large green candle will be cancelled, means further down

goody99

1,814 posts

Posted by goody99 > 2023-04-19 09:15 | Report Abuse

I am a bit concerned about its next few earnings. The last QR was better than expected while some other tech companies struggled. Is it possible that due to lag factor the slow down in demand will only show up in the next few quarters?

家俊

142 posts

Posted by 家俊 > 2023-04-19 11:43 | Report Abuse

It's a fact that all tech company will be slowed down after pandemic especially for the electronic device chip.

Exception for the e-vehicle related tech.

kutipkutip

1,100 posts

Posted by kutipkutip > 2023-04-27 16:39 | Report Abuse

1.650 boleh cuba untuk rebound besok . ambil peluang market malam ni hijau .

kutipkutip

1,100 posts

Posted by kutipkutip > 2023-04-27 16:48 | Report Abuse

1.640 harga tutup menarik , 3 hari operator sengaja maintain atas support 1.630 tunggu market rebound !

Posted by NoTimeToTrade > 2023-05-05 12:37 | Report Abuse

Mi went below the large green candle last week, and today just touched its .382fib support, whether we'll see a strong reversal candle next monday or a continuation down, will depend on this evening's Q1 report.

Phoebe

463 posts

Posted by Phoebe > 2023-05-07 14:14 | Report Abuse

Mi Malaysia tax benefit expire on 31st Jan 2024. I think all the SEBU is under Mi(M). They have only 1 year left until they nd to pay taxes. Current Taxes is about 12%+ by financial yr 2024, they nd to pay at least 20%. FY22, saw a forex gain of 3.8 mil. If remove the forex gain and assuming same revenue and with 20% tax, my fair price should be anything below rm1.20.

家俊

142 posts

Posted by 家俊 > 2023-05-08 16:02 | Report Abuse

Posted by NatsukoMishima > 2022-09-15 09:12 | Report Abuse

1.51 otw !

Phoebe

463 posts

Posted by Phoebe > 2023-05-08 20:22 | Report Abuse

Compare to Q1’22, Revenue down by 15% but profit margin down by 50%???

Posted by EatCoconutCanWin > 2023-05-08 20:27 | Report Abuse

Below rm1 sapu

家俊

142 posts

Posted by 家俊 > 2023-05-08 20:42 | Report Abuse

Q result as expected for semicon industry

lloydlim

3,971 posts

Posted by lloydlim > 2023-05-08 21:21 | Report Abuse

Possible limit down tmr!

goody99

1,814 posts

Posted by goody99 > 2023-05-08 21:27 | Report Abuse

the top 2 tech stocks reported good QR in Jan-March -- Unisem and MI both reported bad QR this time. I am afraid the downtrend of tech stocks will continue in the next few months

Phoebe

463 posts

Posted by Phoebe > 2023-05-08 22:21 | Report Abuse

Which sifu call ppl cutloss?

Posted by donnybelowski > 2023-05-08 23:21 | Report Abuse

Garbage results, garbage company. There u go.

Posted by donnybelowski > 2023-05-08 23:25 | Report Abuse

Tomorrow gap down limit down. Boom!

waynew

3 posts

Posted by waynew > 2023-05-09 06:31 | Report Abuse

Tech sector has been gloomy for quite sometime, this qr gonna be a huge blow to the core

Raiz368

1,604 posts

Posted by Raiz368 > 2023-05-09 08:29 | Report Abuse

Will fall below RM1.00 soon....sell off before become death stock

Cakes Moon

6,930 posts

Posted by Cakes Moon > 2023-05-09 09:20 | Report Abuse

OMG!!! Business fall sharply!!!

lloydlim

3,971 posts

Posted by lloydlim > 2023-05-09 09:29 | Report Abuse

Catching falling knife ke?

Phoebe

463 posts

Posted by Phoebe > 2023-05-09 09:37 | Report Abuse

I will start looking when it reach Rm1.20.
Mr. Pang, which sifu?

monetary

4,447 posts

Posted by monetary > 2023-05-09 09:59 | Report Abuse

Another cun2 call by the Jap!

brandon99

151 posts

Posted by brandon99 > 2023-05-09 10:42 | Report Abuse

Official statement on prospects:

B3. Prospects for the Financial Year Ending 31 December 2023
Considering the semiconductor market outlook remains soft, 2023 remains a challenging year for the Group. The inventory level remains high and may take a longer period to digest, hence causing further deferment of expansion plans and uncertainty in capex spending as well as capacity ramp-up schedule in the market.
Nevertheless, we remain committed to our long-term business strategy to strengthen our position as a comprehensive solution provider to unlock a larger market share through the new product deployment.
In SEBU, our equipment platform designed for Mobility and Wearables segment, together with the introduction of the new Artificial Intelligence (AI) enabled product line, shall continue to contribute to the top line in 2023. The advanced Multiple Bin Sorting and Laser Bonding technology for High-Performance Computing (HPC) segment would form another significant revenue stream in the year. We are also continuously pursuing in the Power and Automotive segment to provide a multi-faceted solution for the industry.
In SMBU, we expect the momentum to gradually improve in the 2nd half of 2023 when most of our key customers will be launching their new products. The Mobility and Wearables (Smartphones, 5G and IoE), Automotives and High-Performance Computing (HPC) segments will remain our strong focus for an upside growth in the year.
Barring any unforeseen circumstances, we remain cautiously optimistic about the Group’s prospects for the financial year ending 31 December 2023. If the short term global economic headwinds improve, the robust growth momentum of the semiconductor industry will return.

Posted by NatsukoMishima > 2023-05-09 12:18 | Report Abuse

I already take profits when MI hit rm 2.xx as i said before MI will hit rm 2 , u can refer back my comments !

Income

12,440 posts

Posted by Income > 2023-05-09 12:20 | Report Abuse

Pang72, your mi goreng Diarrhoea

Posted by NatsukoMishima > 2023-05-09 12:21 | Report Abuse

Now u should buy ranhill , swift haulage , gtronics , dnex , vstecs .

Iwcity also if u can bear for some risks !

家俊

142 posts

Posted by 家俊 > 2023-05-09 16:22 | Report Abuse

Posted by NatsukoMishima > 2022-09-05 13:17 | Report Abuse

MI become penny stock soon , 60 sens coming !

家俊

142 posts

Posted by 家俊 > 2023-05-09 16:29 | Report Abuse

the drop struggle on 0.618(short time frame) but just for like 2 hours then fall sharply LOL
but i think it will go up la. based on purely TA at high time frame
https://www.tradingview.com/x/NYsgRD6d/

if not then really something happen behind d. hehehe
else really gg for this counter.

curiousq

1,098 posts

Posted by curiousq > 2023-05-09 16:31 | Report Abuse

OMG!! get poisoned after eating mee busok

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