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Semiconductors Rally - Bursa Dummy

Tan KW
Publish date: Fri, 15 Aug 2014, 02:48 PM
Tan KW
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Good.

 

Friday, 15 August 2014 

 
At the afternoon break of today, share prices of Gtronic & Unisem broke out from its resistance while MPI is also aiming to do so by testing it.
 
All these 3 companies are semiconductors companies which are picked to excel from overall semiconductors market recovery in the US & Europe.
 
 
 
Both Unisem & MPI are big players who took a massive blow from recent economy slowdown in the western countries, in which their earnings plunged substantially into loss for the past 1-2 years.
 
Currently they are making a comeback by posting a series of encouraging quarterly results so far. I believe that their results will improve further but the exact figures are hard to predict.
 
Here is a brief comparison among these 3 companies.
 
  MPI UNISEM GTRONIC
Market Cap (RM mil) 1,349 1,260 1,458
Total shares (mil) 210 674 281
Est FY14 PATAMI (mil) 50 50 70
Est FY14 EPS (sen) 23.8 7.4 24.9
       
Latest Share Price (RM) 6.43 1.87 5.19
YTD Rise (%) 102 87 64
PE Ratio FY14 27.0 25.3 20.8
NTA (RM) 3.95 1.40 1.04
       
Last FY Dividend (sen) 15 2 18
DY (%) 2.3 1.1 3.5
 
Est = Estimated
 
 
The estimated figures for FY14 PATAMI is done by myself, which may not be accurate. Perhaps MPI & Unisem can do better than this as their historical earning level are much higher at more than RM100mil a year.
 
All three has almost similar market cap and exciting future ahead. Projected PE ratio are all above 20 times.
 
 
 
 
Year-To-Date, MPI's share price has gone up the most at 102%, followed by Unisem (87%) and Gtronic (64%). 
 
All of them have decent cash flow and balance sheet too, though I think Gtronic is far better than the other two.
 
Anyway, no one knows whether the share price will head north, south or east after today. There might be lots of traders involved.
 
Since my shareholding of Gtronic is small, I'd rather hold and hope for exciting news ahead.
 

 

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1 person likes this. Showing 5 of 5 comments

Funtrade

Just buy MPI, Unisem, Inari !!!!

2014-08-15 14:50

Funtrade

Not forget also Gtronic !!

2014-08-15 17:09

johnny cash

please also have a write up,, of aluminium companies ?? Mention the bullish ones,, so far it is pmb tech and lbalum,,,how about other bullish ones

2014-08-16 20:50

Apanamaitu

Is the next step in this routine to capture TSMC executives ?

Taiwan’s "Business Times" reported that Taiwan’s AUO Group includes three executives including Weilimeng, Lunda Chairman Chen Xuanbin, AUO General Manager Chen Laizhu, and Jiasida General Manager Xiong Hui because of the US antitrust (antitrust) case. , Went to the United States to participate in the pre-trial hearing, was forced to lien by the US court, was restricted from leaving the country, and was later sentenced to three years in prison.

Taiwan’s panel industry already has four companies including Huaying, Caijing, Chi Mei, and AUO, which have been sued by the US Department of Justice for antitrust charges. Among them, Huaying has three senior executives who have returned to the island after serving their sentences in the United States. , Chi Mei Telecom also has four executives including former deputy Dong He Zhaoyang indicted. Two of them have gone to the United States to serve their sentences.

On the AUO side, several business executives such as Deputy Dong Chen Xuanbin, General Manager Chen Laizhu, Xiong Hui (former vice president of business), Liang Zhaolong, Li Canrong, and Bai Bailong were sued.
After receiving notification from the United States, so many company executives in Taiwan obediently flew to the United States to be tried and imprisoned by themselves. No one in Taiwan dared to fart.

What qualifications does the United States have to take care of other people's affairs ?

But Taiwanese take it for granted.

Because Taiwan is a colony of the United States, the United States is naturally superior, and Taiwan, as an inferior person, naturally has to listen to the words of the American master. Therefore, all American farts are imperial edicts, and they all shout long live.

If you don't understand the "Taiwan character", you are not qualified to talk about any Taiwan issues.

In front of the United States and Japan, the people of Taiwan kneel down willingly and desperately, and surrender themselves.


Knowing that Taiwan can't keep it, the United States is making a strategic shift !

TSMC is only half-concealed, half-pushing and half-moving, just performing a play.

2021-10-01 17:48

Apanamaitu

You see, the development logic of Western bandits has not changed for hundreds of years. It used to be robbed by open fire, but now it is robbed by agreement, rules and munitions.

2021-10-01 17:54

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