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
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.
@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
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.
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?
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.
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.
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
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.
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.
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....
家俊
142 posts
Posted by 家俊 > 2023-03-30 16:58 | Report Abuse
2.75 soon. hahahahaha