This quarter results is telling investors dont chase high on tech company anymore. I believe most of the coming results of tech company will not meet expectation. Once not meet, price will drop significantly for sure.
Hey JollyAndy, we can see all these things you shared in the quarterly results, no need to paste it here again. Reporter is not needed. If you insist to share something here to justify this counter is good buy then pls share your view and some simple analysis maybe to support your view. Like this it will be more helpful than just copy and paste
Prospects for the Financial Year Ending 31 December 2021 The Board is cautiously optimistic on the Group’s business prospect for the financial year ending 31 December 2021 amid the COVID‐19 pandemic and geopolitical tensions.
Global semiconductor equipment market has seen a continued expansion into 2021 with China, Taiwan and Korea projected to be the leading regions in spending. The Group’s investment plans in setting up regional technology centres with manufacturing facilities in Taiwan, Korea and China to tap into the market as well as the venturing into new business segments beyond semiconductors through the expansion of Mi Autobotics will be the catalyst for our future growth.
newbie i know ah just came here to tell those glove suckers who been spewing negative comments on tech stocks . see mpi and kesm shit QR also rm 10-20 .
haha, ok..anyway, plenty of liquidity, covid cases sloping down in high-vaccinated countries like Uk, Israel, etc, semicon shortages, EV ramp up, US govt subsidies+stimulus, i think majority of the techs may still be doing ok..
Dartmaster- The truth is you cannot accept any negative comments on tech company bcz you are holding it. You only want to hear positive things bcz you are holding it.
newbie2y- Looks like QR is not important to you bcz you always look forward and prospect. You can even look forward 100 years ahead from now if you want. If a QR is good, you will say the company is very good and prospect is good. If a QR is bad, you will say dont look at history result, look at the prospect. Then what is the purpose of QR.
Also, tech company surge was due to covid19 accelerate the rise of technology. Now covid19 is going to be controlled bcz of vaccine but you say it will still benefit tech company?
Pls la, dont be bias in investing. Dont try to defend something when its underperform.
mm i did not say qr is not important, just that we shud not based solely on qr to decide, whether or not the tech companies will still grow after the vaccine only time will tell. cheers!
Old minded thinking you think the stock market is before 2008 ah. now is money printing and sentiments . is a gambling den musical chair everywhere HAHAHAHA
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paperplane
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