Happy CNY, road to RM1. Semicon demand increase, next will be VIS dynamic. My connection told me VIS coming quarter result not bad despite the FX possess. Horay congrats all shareholder.
They are involved in vision-guided robotic equipment, solar related busing amongst others which are businesses with very BRIGHT future. AND they cater to both China and US… they’ll surely GAIN from the US China friction… ONBOARD!
Also think about it, US election is coming in Nov, do you think US will let its economy to fall into recession right before election ? Something for you to ponder.. :)
Malaysia has set up a chip-design hub in Selangor state to boost its semiconductor industry and attract foreign investments.
The Malaysia Semiconductor IC Design Park’s partners include software maker Cadence Design Systems Inc and chip company Arm Holdings Plc. The integrated-circuit design hub is located in Puchong, near the capital of Kuala Lumpur.
Malaysia hosts a number of chip packaging facilities for Intel Corp, GlobalFoundries Inc and Infineon Technologies AG, making it a key regional hub in the global supply chain. It has also attracted Chinese chip firms in search of a place with easier access to foreign capital and technologies.
The South-East Asian nation earlier this year pledged at least RM25bil to support its semiconductor industry, seeking to increase its role as tensions between the US and China shake up global supply chains.
Malaysia’s semiconductor industry aims to double its exports to RM1.2 trillion by 2030, cementing its position as the sixth-largest chip exporter in the world.
Institutional investors now think it is an opportune time to buy stocks at the local bourse after a sharp two-day selldown. The ongoing shift in global fund flows and the resulting correction will likely be temporary, said Choo Swee Kee, the chief investment officer of TA Investment Management Bhd. Once the US began cutting interest rates, equity as an asset class would become attractive again, he noted. “These massive movements of funds shook the market, but they do NOT indicate a downturn in the economy,” he said. “We expect the market to stabilise once these imbalances in funding reach equilibrium.”
If u understand the company, it exports its products to several other foreign countries including South Korea, Hong Kong, Germany, China, the Philippines, Singapore, Thailand, the United States of America, and Japan.
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....
monetary
4,447 posts
Posted by monetary > 2023-11-17 16:34 | Report Abuse
Run. Kena conned liao.