later price up & you better sell

you sell then i buy la...bet and see

Daily technical highlights – (SCOMNET, DRBHCOM)

Author: kiasutrader | Publish date: Thu, 24 Feb 2022, 10:42 AM
Supercomnet Technologies Bhd (Trading Buy)

After falling from a recent high of RM2.08 in end-December last year, SCOMNET’s share price – which ended at RM1.53 yesterday – could stage a technical rebound ahead.

With both the RSI and stochastic indicators in the midst of reversing from their oversold positions, the stock will probably climb in tandem.

On the way up, SCOMNET shares are expected to shift towards our resistance thresholds of RM1.71 (R1) and RM1.88 (R2). This translates to upside potentials of 12% and 23%, respectively.

Our stop loss price level is pegged at RM1.39 (or a 9% downside risk).

The group has just announced net profit of RM8.0m (-4% YoY) in 4QFY21, taking full-year net earnings to RM25.3m (+8% YoY) on the back of turnover of RM145.4m (+13% YoY) in FY21.

In the business of manufacturing and assembling advanced high technology wires and cables, SCOMNET derives its revenue mostly from the medical devices (62% of 4QFY21’s sales), industrial (namely electrical appliances & consumer electronics) (27% of sales) and automotive (11% of sales) segments.

With a debt-free balance sheet, SCOMNET is financially backed by cash holdings of RM45.2m and unit trust investments of RM102.3m (both of which added up to 19.4 sen per share) as of end-December 2021.

Aaron Aaron Aaron Aaron Aaron Aaron Aaron Aaron Aaron Aaron

next Second interim Dividend & special dividend

anyhow, hold tight for long term, still got many round of bonus issues coming same like PMETAL did before

Aaron, please comment ?

PROSPECTS :

We remain optimistic with the Group's mid to long term prospects underpinned by continuous growing demand from customers in addition to several new
products in the pipeline.

Thus, barring any unforeseen circumstances, the Group is expecting the performance for the next financial year to be satisfactory.

上升股:齐力科技 阻力RM19.92

Author: Tan KW | Publish date: Wed, 23 Feb 2022, 7:17 AM

齐力科技（PMBTECH，7172，主板工业股）的日线交投走势于2月22日闭市时收19.40令吉，按日涨52仙或2.75%，于闭市时持续保持着它的反弹走势。短期上升阻力或会处于19.42至19.92令吉水平间。

1999

just now Aaron Tan go celebrate & happy to see 18.88 -0.62 (3.18%)

1888

Aaron_tan still waiting at RM 6, 7, 8

not need to show them la

shpg22@ you better go to study what is "silicon metal" vs glove.

上升股:齐力科技 阻力RM21.06

Author: Tan KW | Publish date: Sat, 19 Feb 2022, 6:57 AM

齐力科技（PMBTECH，7172，主板工业股）的日线交投走势，于2月18日闭市时收19.50令吉，按日涨1.56令吉或8.70%，短期上升阻力或会处于19.52-21.06令吉水平。

hope close at >20 today

count down to see QR

dreams will come true

sure

flying

The global silicon metal market size was $6.3 billion in 2019, and is projected to reach $8.9 billion by 2027, growing at a CAGR of 5.5% from 2020 to 2027.

Silicon metal is an industrial additive produced by smelting quartz and coke in an electric heating furnace. It consists of 98% of silicon, although the composition of silicon has increased as close to 99.99% silicon in recent years. Impurities in silicon metals mainly include iron, aluminum, and calcium. Silicon metal is used as a feedstock in the production of silicones, aluminum alloys, and semiconductor materials.

Based on its application, silicon metals are offered in various grades, namely, metallurgical, chemical, electronics, polysilicon, solar, and high purity grades. The production of various grades of silicon metal starts with the refining process of silica within quartz rock or sand, followed by a carbothermic reduction of silica that occurs in an arc furnace to produce metallurgical grade silicon. This is then further refined through a hydro-metallurgical process to produce chemical-grade silicon. Chemical-grade silicon metal is majorly used in the production of silicones and silanes. Metallurgical silicon is 99% pure and is used in steel smelting and aluminum alloys.

The global silicon metal market is presently driven by various factors such as increase in demand for aluminum alloys in the automotive industry, expanding application spectrum of silicones, demand from energy storage markets, and a steady demand from the global chemical industry. A major chink of silicon metal is currently used in the production of aluminum alloys, which, in turn, is used in the production of light-weight automotive. Aluminum's superior strength-to-weight ratio makes it more effective for building fuel efficient cars than steel or iron.

Hence, the demand for automotive-related alloys is expected to increase, thus, driving the demand for silicon metal. Silicon metal is absolutely necessary for the production of aluminum and chemical products since it provides them with essential properties. In addition, it cannot be substituted and there is no recycling of (pure) Silicon. In the chemical industry, it is used for producing silicon compounds as well as silicon wafers used in photovoltaic solar cells and electronic semiconductors. Silicon compounds are the raw material for a large and growing number of industrial and consumer products such as silicone rubber parts, urethane foam, sealants, adhesives, lubricants, food additives, coatings, and cosmetics.

The high cost of production of silicon metal is expected to limit its market growth during the forecast period. The production of silicon metal is energy intensive, which increases its cost of production. Submerged arc furnace (SAF) is highly energy intensive and a large portion of the total production cost is related to its energy consumption. Further, the cost of producing silicon metal is controlled by the prices of other components such as coal, quartz, oil/natural gas, and electrodes. The production of silicon metal requires constant supply of its raw material-quartz. Quartz mines are owned by few global players such as Ferroglobe, Rusal, Liasa, and Elkem. Hence, the scope for vertical integration is minimum. This limits the entry of new players in the silicon metal production chain, thus, leading to high prices.

The global silicon metal market size was $6.3 billion in 2019, and is projected to reach $8.9 billion by 2027, growing at a CAGR of 5.5% from 2020 to 2027.

Silicon metal is an industrial additive produced by smelting quartz and coke in an electric heating furnace. It consists of 98% of silicon, although the composition of silicon has increased as close to 99.99% silicon in recent years. Impurities in silicon metals mainly include iron, aluminum, and calcium. Silicon metal is used as a feedstock in the production of silicones, aluminum alloys, and semiconductor materials.

Based on its application, silicon metals are offered in various grades, namely, metallurgical, chemical, electronics, polysilicon, solar, and high purity grades. The production of various grades of silicon metal starts with the refining process of silica within quartz rock or sand, followed by a carbothermic reduction of silica that occurs in an arc furnace to produce metallurgical grade silicon. This is then further refined through a hydro-metallurgical process to produce chemical-grade silicon. Chemical-grade silicon metal is majorly used in the production of silicones and silanes. Metallurgical silicon is 99% pure and is used in steel smelting and aluminum alloys.

The global silicon metal market is presently driven by various factors such as increase in demand for aluminum alloys in the automotive industry, expanding application spectrum of silicones, demand from energy storage markets, and a steady demand from the global chemical industry. A major chink of silicon metal is currently used in the production of aluminum alloys, which, in turn, is used in the production of light-weight automotive. Aluminum's superior strength-to-weight ratio makes it more effective for building fuel efficient cars than steel or iron.

Hence, the demand for automotive-related alloys is expected to increase, thus, driving the demand for silicon metal. Silicon metal is absolutely necessary for the production of aluminum and chemical products since it provides them with essential properties. In addition, it cannot be substituted and there is no recycling of (pure) Silicon. In the chemical industry, it is used for producing silicon compounds as well as silicon wafers used in photovoltaic solar cells and electronic semiconductors. Silicon compounds are the raw material for a large and growing number of industrial and consumer products such as silicone rubber parts, urethane foam, sealants, adhesives, lubricants, food additives, coatings, and cosmetics.

The high cost of production of silicon metal is expected to limit its market growth during the forecast period. The production of silicon metal is energy intensive, which increases its cost of production. Submerged arc furnace (SAF) is highly energy intensive and a large portion of the total production cost is related to its energy consumption. Further, the cost of producing silicon metal is controlled by the prices of other components such as coal, quartz, oil/natural gas, and electrodes. The production of silicon metal requires constant supply of its raw material-quartz. Quartz mines are owned by few global players such as Ferroglobe, Rusal, Liasa, and Elkem. Hence, the scope for vertical integration is minimum. This limits the entry of new players in the silicon metal production chain, thus, leading to high prices.

hold tight

hold tight

accumulating more today

continue_Covid-19 Scenario:

The production activities have been hampered due to imposed lockdown by many governments. In addition, shortage of workers in the mining industry led to deficit of quartz, which is a raw material for producing silicon metal.

The demand from the manufacturing, construction, electronics, and other sectors decreased significantly due to shut down of operations and shortage of skilled workforce. The demand is expected to get back on track as operations begin in the full swing.

The silicone industry, which is the major application area of silicon metal, also faced hindrances due to disruptions in supply.

Silicon Metal Market Size to Reach $8.9 Billion by 2027 | CAGR: 5.5%: AMR
Rise in demand for aluminum silicon (Al-Si) alloys, versatility of silicones, and increase in usage in semiconductor applications drive the growth of the global silicon metal market. Asia-Pacific contributed to the highest market share in 2019, and is expected to maintain its dominance in terms of revenue by 2027. The production activities have been hampered due to imposed lockdown by many governments.

16 Feb 2021 10h00 HE | Source: Allied Market Research

there a silicon metal shortage

tomorrow push to 20

supersinginvestor@ sure will do will follow

PMBTECH more Bonus issue coming soon

PMETAL Bonus/Right Issue History

06 Apr 21 19 Apr 21 20 Apr 21 20 Apr 21 Bonus Issue 1 : 1 0.000 Malaysia Stock - Bonus/Rights Issue
02 Jun 17 21 Jun 17 23 Jun 17 23 Jun 17 Others 1 : 1 0.000 Malaysia Stock - Bonus/Rights Issue
25 Oct 16 04 Nov 16 08 Nov 16 08 Nov 16 Subdivision 2 : 1 0.000 Malaysia Stock - Bonus/Rights Issue
25 Oct 16 04 Nov 16 08 Nov 16 08 Nov 16 Bonus Issue 2 : 5 0.000 Malaysia Stock - Bonus/Rights Issue
27 Oct 14 06 Nov 14 10 Nov 14 10 Nov 14 Bonus Issue 1 : 1 0.000 Malaysia Stock - Bonus/Rights Issue
15 Jul 11 27 Jul 11 29 Jul 11 29 Jul 11 Rights Issue 1 : 3 2.200

my meaning : high demand for solar panel, EV, Aluminium, semiconductors need "silicon metal"

these few years high demand for solar panel, EV, Aluminium, semiconductors

The global silicon chip shortage is likely to last until at least 2023 or onward..

genetec- small equipment automation only. haha

Vitrox & penta still are the pionner/top player for equipment automation

at least RM25 after this coming QR get profit over 80-100 millions

predict RM50.. after 3rd factory ready by 2023

this counter not for goreng.

all buddies, hold tight... 20, 30, 40, 50 are coming !!!!

The impact of the dual control of energy consumption is more significant on the supply of silicon. ... China's output of silicon (Si content ≤ 97%) and secondary silicon totalled 240,000 mt from January 2021 until now, which will supplement the serious shortage in the silicon metal supply.

hold tight

those people play contra

hold for long term

still remember aaron tan waiting to buy at 5.6,7 hahahaha

上升股:齐力科技 阻力RM18.94

Author: Tan KW | Latest post: Wed, 9 Feb 2022, 7:42 AM

齐力科技（PMBTECH，7172，主板工业股）的日线交投走势，于2月8日闭市时收17.40令吉，按日涨1.54令吉或9.71%，短期上升阻力或会处于17.42-18.94令吉水平。

上升股:齐力科技 阻力RM18.94

Author: Tan KW | Latest post: Wed, 9 Feb 2022, 7:42 AM

齐力科技（PMBTECH，7172，主板工业股）的日线交投走势，于2月8日闭市时收17.40令吉，按日涨1.54令吉或9.71%，短期上升阻力或会处于17.42-18.94令吉水平。

tomorrow 16.50

I am there

our admin is lead by LRWoo99- dear buddies pls drop your contact our boss

need one admin to provide email address... then we send our contact to admin