Posted by gooman > 2 months ago | Report Abuse

Malaysia's semiconductor manufacturing flourishes in the face of U.S. and China's Chip War
https://www.tomshardware.com/tech-industry/manufacturing/malaysias-semiconductor-manufacturing-flourishes-in-the-face-of-us-and-chinas-chip-war

Posted by gooman > 1 month ago | Report Abuse

US stocks, tech draw record inflows in latest week - Barclays

LONDON, March 15 (Reuters) - Equity funds drew $56.4 billion of inflows in the latest week, driven by record inflows to both U.S. and technology funds, Barclays said in a note on Friday, citing data from EPFR.

Globally, all equity sectors saw inflows, with tech attracting the most on record at $22 billion, while healthcare and financials drew inflows of around $7 billion each, Barclays said..

Posted by gooman > 1 month ago | Report Abuse

Samsung Electronics of South Korea announced on March 20 that it expects to generate over $100 million in revenue this year from its advanced semiconductor packaging business. CEO Kyung Kye-hyun, at the annual shareholders' meeting, mentioned that the investment in this newly launched sector is expected to yield results in the latter half of the year. The company aims to achieve profits exceeding its market share in the semiconductor memory business, with a DRAM share of 45.5% in the last quarter of the previous year, according to TrendForce. Samsung is advancing in high-bandwidth memory (HBM) production to meet the growing demand driven by AI expansion and is likely to unveil the next-generation HBM4 in 2025, aiming for a comprehensive semiconductor service that meets customer needs by integrating memory, manufacturing, and design operations.

Posted by Tanleechoo > 1 month ago | Report Abuse

Go back to 1.30

Posted by tkkiong > 1 month ago | Report Abuse

just follow Mr Ooi , if we lose he lose more more !

Posted by Tanleechoo > 1 month ago | Report Abuse

Also true .. he is substantial shareholder

Posted by Souljaboiiii > 1 month ago | Report Abuse

Gtronic is serving mostly consumer electronics components. I guess that's why the current new CEO is trying hard to engage with more customers to divert from consumer to industrial usage semiconductors. You can clearly see that Gtronic focuses more on niche product in order to enjoy the high margin.
Their capex has been sluggish since FY2019 until FY2022. In these years, their capex is ranging from 10-20million only. This is something that I don't like, they are not trying hard to put shareholders money into expanding the business. However, the capex upcycle has been resumed since FY2023, with 30 million which I think it's a good sign of new orders incoming. In FY2024, the CEO told the analyst that they are going to do 50 million in capex, which is something that I like. The new CEO is finally utilizing their cash flow to do something other than giving back all the money to the shareholders.

Posted by Souljaboiiii > 1 month ago | Report Abuse

They have mentioned multiple times in their quarterly report that they are engaging with new customers to get new orders. I trust what they said because most of the penang tech companies are very accountable and honest. Gtronic is trying hard to position themselves to benefit from the upcoming semiconductor uptrend. The only downside that I can see now is the new management. We need time to understand what's their thinking and whether or not they can be trusted to turnaround the business.

Posted by Souljaboiiii > 1 month ago | Report Abuse

Nevertheless, all the OSAT companies in Malaysia will benefit gao gao from this China-US tech war. More and more companies will approach our local players for order diversifying and eventually making our local champions to become more prosperous. I guess this is the new theme with almost no downside but huge upside that a contrarian investors can safely bet on. Remember, human will perform the best when they are in pressure.

Posted by gooman > 1 month ago | Report Abuse

How the US–China chip conflict is making way for new hubs like Malaysia and India
https://kr-asia.com/how-the-us-china-chip-conflict-is-making-way-for-new-hubs-like-malaysia-and-india

Posted by fortunefire > 1 month ago | Report Abuse

Looks like the national savior is reducing its stakes.

Posted by Tanleechoo > 1 month ago | Report Abuse

Drop more than other tech stk…Coming qtr result is getting worse..???

Posted by gooman > 1 month ago | Report Abuse

https://theedgemalaysia.com/node/708124

Posted by Souljaboiiii > 4 weeks ago | Report Abuse

Good luck with your valuation trick.

Posted by dompeilee > 4 weeks ago | Report Abuse

Finito... Jul '23 till now = highly potential H & S top

Posted by Souljaboiiii > 4 weeks ago | Report Abuse

The new shareholders are here to make money. When the share price plunges to RM1, APB will suffer 50% paper lost.

Posted by fortunefire > 3 weeks ago | Report Abuse

time to collect

Posted by DickyMe > 3 weeks ago | Report Abuse

"DickyMe

1.20 coming soon.

1 month ago
======================

Target price reached!

Posted by dompeilee > 3 weeks ago | Report Abuse

Posted by dompeilee > 2023-07-17 10:20

SOLD more Gtronic @ 1.62-1.64

Chicken heart former major holder NKC bought 3-4 lot per transaction continuously for the last few yrs then DUMP ALL suddenly to APB...got confidence meh? the hapless latter is now suffering a 40% paper loss!

Posted by stevenchua5 > 3 weeks ago | Report Abuse

https://theedgemalaysia.com/node/708386

Posted by EngineeringProfit > 3 weeks ago | Report Abuse

Based on Bloomberg data, Globetronics has received five "hold" ratings and four "sell" recommendations. Despite this, the stock closed at RM1.40 on April 9, surpassing analysts' 12-month median target price of RM1.24. Maybank Investment Bank Bhd, which has assigned a "sell" rating to Globetronics with a target price of RM1.05, expresses concerns about the stock being overvalued. They highlight the company's challenging near-term outlook due to margin pressures stemming from a high fixed-cost base.

Posted by fortunefire > 3 weeks ago | Report Abuse

CEO Heng Charng Yee says the new business segment will enable Globetronics to package semiconductor chips supportive of artificial intelligence (AI) technology.

Posted by curiousq > 3 weeks ago | Report Abuse

sifu said, this is a heavily manipulated stock

Posted by EngineeringProfit > 3 weeks ago | Report Abuse

Interesting..................

Posted by Tanleechoo > 3 weeks ago | Report Abuse

@EngieeringProfit .. good sharing..high fixed cost base n the head counts is a burden if they don’t contribute effectively.. if wonderful co , why the previous owner wan to dispose off ??? ..

Posted by fortunefire > 3 weeks ago | Report Abuse

every tech stocks are heavily manipulated. if that particular tech stock isn't much manipulated then better dont buy.

Posted by EngineeringProfit > 3 weeks ago | Report Abuse

I bought a lot this morning 1.20-1.22 ....so cheap. Gonna pump in rm1mil here

Posted by EngineeringProfit > 3 weeks ago | Report Abuse

Also worth buying myeg now- loaded rm1mil last week- below 0.785

Posted by EngineeringProfit > 3 weeks ago | Report Abuse

BMgreen 0.94 to 1.14 is great too- worth looking

Posted by EngineeringProfit > 3 weeks ago | Report Abuse

Also simeprop- below 0,90 last week was cheap

Posted by gooman > 3 weeks ago | Report Abuse

CEO Heng Charng Yee says the new business segment will enable Globetronics to package semiconductor chips supportive of artificial intelligence (AI) technology.
https://theedgemalaysia.com/node/708386

Posted by EngineeringProfit > 3 weeks ago | Report Abuse

huat ar.....................lai...lai...lai............

Posted by nhbeen > 3 weeks ago | Report Abuse

New business will take time to materialize. And she highlighted that it can take a maximum of 2 years to happen. Many things can happen in 2 years, good or bad. Uncertainties are there.

Posted by fortunefire > 2 weeks ago | Report Abuse

Looks like APB is no longer the 2nd largest shareholder...

Posted by DickyMe > 2 weeks ago | Report Abuse

When QR release?

Posted by cK1973 > 2 weeks ago | Report Abuse

TP 1.50.....
EP 125....
boleh ka?

Posted by DickyMe > 2 weeks ago | Report Abuse

Above 1.50 susah this year!

Posted by EngineeringProfit > 2 weeks ago | Report Abuse

Huat bit by bit lah

Posted by cK1973 > 1 week ago | Report Abuse

EP achieved.....
good counter ma....

Posted by DickyMe > 1 week ago | Report Abuse

"2024-05-02

Additional Listing

ESOS - 9,300 shares at 1.030."
========================

Company giving free money??

Posted by cheeseburger > 1 week ago | Report Abuse

sell

Posted by nam35035 > 1 week ago | Report Abuse

https://www.digitalnewsasia.com/business/after-losing-major-customer-osram-scales-back-micro-led-dream-sell-plant-malaysia-owned-pnb

Still got hope ? Or new management will find another source of income ?

Posted by curiousq > 1 week ago | Report Abuse

CEO Heng Charng Yee,
Heng has been with the group since 2013, starting out as a quality and strategic business manager at subsidiary Globetronics Manufacturing Sdn Bhd. She was appointed CEO in July 2022, succeeding her father Datuk Heng Huck Lee, who retired after serving as CEO since January 2008.

She is also the group’s non-independent executive director. Prior to her appointment as group CEO, she served as the group’s chief operating officer since January 2021.

Early this year, Heng exercised her employee stock options and acquired 829,700 shares before selling one million shares in Globetronics on Feb 7, leaving her with just 32 shares in the company.

According to Globetronics’ 2022 annual report, she had 170,332 shares or direct interest of 0.03% in the company as at March 24, 2023.

Posted by EatCoconutCanWin > 1 week ago | Report Abuse

from worsen to worstfull

Posted by dompeilee > 6 days ago | Report Abuse

Posted by dompeilee > 2023-07-12 16:35

SOLD a little more @ 1.47....earning my trading income for 2day...😉

Posted by dompeilee > 2023-07-17 10:20

SOLD more Gtronic @ 1.62-1.64






Bought back the Gtronic I SOLD @ 1.39 to 1.64 last year....for 1.23-1.25 today!😘

Posted by gooman > 6 days ago | Report Abuse

https://theedgemalaysia.com/node/711064

Posted by gooman > 6 days ago | Report Abuse

Globetronics surges to one-month high as analysts project strong outlook for 2HFY2024

Posted by DividendGuy67 > 6 days ago | Report Abuse

Same here, bought back GTRONIC I sold at 1.41-1.64 at 1.21 a couple of days ago.

Posted by newbie8080 > 5 days ago | Report Abuse

Q1 2024 revenue is at more than 20-year low going back more than 20 years ago.
Q1 net profit is also at more than 20-year low, going back to 2002.

Posted by EngineeringProfit > 5 days ago | Report Abuse

Don't care...1.20, I sapu.......above 1.25, I huat