Dear Investors of i3 Forum
Lately, many people have whataspped to ask about Technology Stocks. Calvin got 2
1) Netx now at 1.5 sen and going into Capital Exercise
2) Vstec which was recommended around Rm1.20 (Since it jumped over Rm1.80 suddenly by more than 50% I told all to sell and take profits
Now Calvin has found MMSV
Why MMSV?
These are my reasons
1) TOPGLOVE FACING 12.5% GLOVES STUCK AT US PORTS BECAUSE US PEOPLE OPPOSE "SLAVE LIKE" LABOR IN MALAYSIA. OF COURSE THIS IS NOT TRUE.
However, there are over 5 Millions Bangla, Nepalese, Burmese, Rohyinya & Others in Malaysia which is not sustainable
So TOPGLOVE WILL GO FOR AUTOMATION (Workers are limited to no more than 11 hour work shift. Not Robots. Robots can work for 24 hours & no need MCO or wear mask or distance spacing)
2) MALAYSIAN GOVT ALSO ENCOURAGE COMPANIES TO GO FOR AUTOMATION
3) GOVT HAS GIVEN 15 YEARS TAX FREE INCENTIVE FOR NEW FDI
THESE ARE NOT LOW END LABOR INTENSIVE INVESTMENTS
MOSTLY HIGH TECH. FOR MMSV IT WILL MEAN MORE BUSINESS AS MAJORITY OF ITS REVENUE IS WITHIN MALAYSIA
4) US-CHINA TRADE WAR. THIS WILL ALSO CAUSE MORE COMPANIES TO LEAVE CHINA FOR MALAYSIA
SO ALL THESE POINT TO BETTER DAYS AHEAD FOR MMSV WHICH IS INTO SEMI-CONDUCTOR & AUTOMATION
WHAT ARE GOOD FACTORS?
YES!
5) MMSV IS CASH RICH WITH RM23 MILLIONS NET CASH (ZERO BORROWINGS)
6) SO IT PAYS GOOD DIVIDENDS YEAR AFTER YEAR (FAR BETTER THAN ALL TECH COMPANIES)
SEE
ABOVE ALL. MMSV SHARE PRICE IS STILL CHEAP AT 67 SEN!!
SO WITH BRIGHTENING PROSPECTS ANCHORED BY STRONG CASH & GOOD DIVIDENDS CALVIN THINKS MMSV IS THE BEST TECH STOCK FOR NOW
Price Now 67 sen
One Year Target Price
Rm1.20
Best regards
Calvin Tan Research
Singapore
Please buy or sell after doing your own due diligence
Created by calvintaneng | Jul 15, 2024
Created by calvintaneng | Jul 12, 2024
Created by calvintaneng | Jul 10, 2024
Yes
Correct
For Startup Netx is the best tech
Mmsv should be after Netx
But Mmsv is superior because of its high dividend all through the years
So I will qualify it by
1. Netx is the best tech stock with highest potential
2. Mmsv is the best value highest dividend tech stock
Ok now
2020-07-21 09:32
Hi Calvin,
Just a few questions to improve my understanding further:
1. Why must companies like Top Glove buy automation from MMSV? What about automation equipment from other competitors?
2. MMSV's revenue has been on the decline from: RM 75.6M (FY17), RM 47.8M (FY18), RM 43.0M (FY19), and recent Q1 FY20 shows a much lower revenue vs Q1 FY19. How would you assess their competitiveness judging by them losing market share even before COVID-19?
3. How do you assess the current price of RM 0.67 is considered cheap? And how do you derive the target price of RM 1.20 within 1 year from now?
Many thanks for your sharing.
2020-07-23 11:32
lextcs
morning... I tot netX was the best ever stk to invest
2020-07-21 08:35