sold 50% shares of MPI bought just now at 42.80-4.94 to take some profit. Will hold balance and will buy if drops below RM 40 again.

I am still bullish on MPI . I believe it is a major correction but not game over yet. MPI has corrected over 20% from RM 50 to today's morning price about RM 40.

Thank you Sifu OTB.

It is difficult to make money in year 2022 and looks can like only buy low sell high.
In international mkt, we have concern in inflation and US rate. In local mkt, we have political uncertainties and election is coming.

Cash is king...

pmb is holding the price very well...while other tech stocks dropped badly

Goreng so-called high tech stocks which are very overvalued with PE over 50, better avoid at all costs

Greatec
UMC
Penta
Unisem
Vitrox
KESM
Kobay
Genetec


and many others

As for MPI... under my watch list, haha..

Semicon parts for EV should have very long growth going forward, at least next 10 years while semicon for PC may flat or drop marginally...

MPI’s venture into silicon carbide (SiC) power modules in 2020 offers promising prospects given the increasing popularity among electric vehicle (EV) manufacturers.

Silicon Carbide (SiC) is an innovative technology that will replace silicon in many applications. The idea of using SiC for electric vehicles (EVs) was born when efforts were made to increase the efficiency and range of such vehicles, while reducing the weight and cost of the entire vehicle and thus increasing the power density of control electronics.

Power electronics for EVs can effectively be enhanced with Silicon carbide solutions that meet design parameters and make an essential contribution to system performance and long-term reliability.

Comparing Intel's PE Of 10 with NVIDIA's PE 80+ of may not be appropriate....

Likewise, compare Alibaba and Amazon may not be apple to apple comparison as well even there are e-commerce giant...

Anyway i am not expert in tech and hope to find out more...

https://klse.i3investor.com/blogs/AmInvestResearch/2021-11-29-story-h1594704443-Malaysian_Pacific_Industries_Bright_prospects_ahead.jsp

After last few days drop of about 20%, PE becomes 27.

Are they doing the same even though they are OSAT. MPI focused more on automotive EV, and 5G. Now still facing shortages esp automotive parts.

I am looking to buy cheap MPI back this round of selling. I have some MPI but taken profit end of 2021.




Extract from Ambank Report

We raise our FY22, FY23 and FY24 core profit forecasts by 20%, 34% and 32% to RM366.6mil, RM459.6mil and RM509.0mil respectively. This is to account for brighter automotive and industrial outlook, which is poised to benefit MPI due to its strategic position underpinned by its power products investments, such as silicon carbide (SiC) and gallium nitride (GaN).


End-user segment update: MPI’s revenue growth largely came from the automotive and industrial segments, which expanded 15% and 12% QoQ respectively, contributing 37% and 31% of its revenue. The consumer & communication segment’s growth remained flattish, while growth for the PC & notebook segment declined 5% QoQ.


Capital expansion progress: MPI continues to invest in identified technology drivers for growth such as 5G, SiC, GaN, electrification, sensors and safety for the automotive sector. In Sep 2021, the group completed its 2nd phase of level 2 expansion for Carsem Suzhou, adding 4,400 sq metres to the plant. The group is also scouting for new land in China, with aim of setting up another facility to cater for growth in SiC-related products.

haha agreed.

wong sifu recovers a bit.

CharlesT never bet for your chicken rice?

very likely AA will need to have capital reduction....and i am happy to subscribe for their right again with free warrant. I managed to make around 16% from their recent right issue...

I don't think AA can go bankrupt. AAX also not bankrupt.

61 sen this morning maybe can bet, can earn some CharlesT famous chicken rice...

TA will give win rate lower than 50%. Just my view. That is why cannot chase high, chase low like today maybe ok, haha

Dear Mr OTB

I have some Wong bought at low price. As soon as its price increased to 80sen i quickly sold to take profit. I posted this in the morning 10/1/2022 when share price was around 80 sen as follows

Wong 12 month PBT by segments per latest quarterly report as follows

Manufacturing profit RM 4.8 m
Construction profit RM 7.3 m

Construction project at tail end with no more new projects. I like the manufacturing segment but not the construction segment.

Do you still bullish on Wong in term of FA?

Can Wong double manufacturing profit to RM 9m? If RM 9m x 20 times = RM 180m mkt cap at the max....

Look like price has found support. This stock NTA is 71sen.

for the first time AA stock price is lower than AA-LA...

Airasia needs to do capital reduction... that maybe the only way out

haha can bet again Airasia LA

Technical Tracker - DNEX: Up Up and Away
Author: HLInvest | Publish date: Mon, 3 Jan 2022, 9:34 AM

Transforming into a global and resilient business. Starting with 3 original main clusters (System Integration & Consultancy, Trade Facilitation, and Telco), DNEX had completed its strategic investment in SilTerra and Ping Petroleum in FY21 to venture into the energy and the technology sectors. To recap, the two new divisions contributed 84% of the group revenue in 1QFY22.

Buoyant technology outlook. With semiconductors shortage showing no signs of abating, SilTerra’s wafer per mask layers (WPML) ASP surged 23% YoY from USD16.8 in 1QFY21 to USD20.8 in 1QFY22. Going into FY2022, WPML ASP is expected to stay buoyant, with a high possibility to increase by another 25% to USD25 per mask layer on the back of robust demand, which bodes well to SilTerra’s bottom line. On the other hand, the group initiative on improving productivity will drive its short-term growth prospects. Note that, SilTerra’s wafer Fabout performance has been improving from 91,045 units in 2QFY21 to a record high of 96,141 units in 1QFY22 under this initiative. Apart from its core products, DNEX will allocate ~20% of its wafer capacity to produce new emerging technology platforms such as Silicon Photonics, Life Science, and MEMS in FY23 for the application of Data Science & AI, RF Filters for 5G, and DNA Sequencing, where the ASP is 3x higher than their core products.

Anticipate a robust 2Q and beyond. To recap, with just 2 months of contribution from SilTerra, DNEX posted a core PATAMI of RM41.3m in its 1QFY22 result. Moving forward, DNEX is envisaged to register stronger QoQ results underpinned by (1) full contribution from SilTerra amid higher WPML ASP and better wafer Fabout performance; (2) higher production from Ping Petroleum; (3) trade facilitation division (via regional expansion, deeper B2B offerings and expand into non-National Single Window stakeholders); (4) submarine cable installation arising from growing regional telecommunication connectivity and (5) tapping the RM70bn digital transformation investment plan by 2025.

Range bound. Technically, DNEX is trading within its consolidation area of RM0.735- 0.865, with indicators showing uptick bias. A successful breakout above RM0.785 will lift the prices toward RM0.830-0.880 territories. Cut lost at RM0.715


Source: Hong Leong Investment Bank Research - 3 Jan 2022

haha, those who bet on airasia LA with free wa is having a gain of more than 18%...

@value_seeker, i have some value stock like Harta, Genting, Inno as mentioned above. These stocks are paying dividends regularly as such i lazy to adjust portfolio...if not adjust it will look ugly... As such i only include this high growth or undervalued small cap stocks as portpolio for sharing and I have allocated about 50% of my funds in this portfolio for Msian stocks.


I have some financial stocks like CIMB when i bought last year at around RM 3.20 but i have sold it around RM 4.80-4.90. Generally i do not like Msia big cap stocks like Maybank due to its little room for growth unless they are selling at distress price like that of last year March 2020-May 2020.

There are currently a lot of value stocks in HK and China. In addition to Alibaba and Tencent which have dropped between 30%-50%. i also bought big on HK Tech ETF.

https://seekingalpha.com/article/4478467-alibaba-the-deal-of-the-decade

Bought Alibaba and Tencent around HK$ 125 and HK$430. Both are value buy after sharp drop and it is bottom

sifu entry price should be around 70sen...still can make some chicken rice lah

Look like CharlesT is correct.

Wong 12 months results PBT by segments as follows

Manufacturing profit RM 4.8 m
Construction profit RM 7.3 m

Construction project at tail end with no more new projects. Good meh?

Do some homework if want to follow sifu...

Sold DNEX and Wong at gain of 15% and 10% to take profit on 10/1/2022 in view of the volatility in tech stocks in US and Msia. To buy back latter Dnex when price is right...

PMB Tech gets more energy to power expansion

KUCHING: PMB Technology Bhd has secured an additional supply of 25-megawatt (MW) electricity from Syarikat Sesco Bhd to power the production expansion of its metallic silicon plant in Samalaju Industrial Park in Bintulu, Sarawak.

Its wholly-owned subsidiary PMB Silicon Sdn Bhd entered into a legally binding term sheet with SESCo last week, which would be formalised with an agreement later to revise the amended and restated power purchase agreement to, inter alia, increase the existing supply of electricity at its metallic silicon plant from 104MW to 129MW.

PMB Tech said the additional electricity supply is due to an expansion of operations at the silicon facility.

PMB Tech is an associate of Press Metal Aluminium Holdings Bhd, which is South-East Asia’s largest integrated aluminium producer. PMB Tech diversified into the manufacturing of metallic silicon with an investment of some RM320mil in Phase 1 of the plant with an annual production capacity of 36,000 tonnes in 2018.

Metallic silicon, according to the company, is a vital raw material with a compounded annual growth of 4% globally.

PMB Tech’s earnings have received a major boost this year, thanks to the strong metallic silicon prices. In the first nine months to September 2021, PMB Tech’s group net profit soared to RM45.5mil from RM11.8mil a year ago, as revenue climbed to RM542.8mil from RM409mil.

According to CEO Koon Poh Ming, the price of metallic silicon has risen to a record high, as the commodity market has reacted positively to the fast recovery of the world economy from the effects of the Covid-19 pandemic.

He said the surge in the metallic silicon price was primarily caused by the initiative of the Chinese government to cut back on the power supply as well as tightening of environmental control in China.

However, the company expects the record high metallic silicon price to correct by itself and stabilise in the near future.

With the recent encouraging commodities market, Koon said the group is expected to benefit from the positive movement in the price of metallic silicon after offsetting higher logistics, raw material and operating cost.

He said the group’s other aluminium businesses are gradually moving into the positive position.

The group is into manufacturing of aluminium access equipment, marketing and trading of other related products while its construction and fabrication segment is involved in contracting, designing and fabrication of aluminium curtain wall, cladding system and system formwork.

Besides Wong, investors should have a look on DNEX as well

Simple basis of selecting DNEX

Last quarter alone EPS 9 sen let say x 2 = 18 sen. Should be valued at RM 1.80 easily as semiconductor has good growth prospects. Currently there is still shortage in semiconductors worldwide. China needs a lot of semiconductors....

Simple basis of selecting DNEX

Last quarter alone EPS 9 sen let say x 2 = 18 sen. Should be valued at RM 1.80 easily as semiconductor has good growth prospects. Currently there is still shortage in semiconductors worldwide. China needs a lot of semiconductors....

DNEX

Simple basis of selecting DNEX

Last quarter alone EPS 9 sen let say x 2 = 18 sen. Should be valued at RM 1.80 easily as semiconductor has good growth prospects. Currently there is still shortage in semiconductors worldwide. China needs a lot of semiconductors....

Also owned the following msian stocks in another portpolio that pay dividends (lazy to update dividends in i3)

Hartalega
Kossan
Inno
Airport
Ann Joo
Airasia LA
Lctitan
Genting

Plan to add HL Bank when price is right

They (insiders) should have plans and strategies to turn around the company, one of which could be they have kow tim the leassors, the biggest creditors of the company. This is pure guess only however.

When the proposed right issue of loan stocks in Nov 2021, old foxes already committed to inject RM 250m...

https://www.theedgemarkets.com/article/airasia-shareholders-approve-rm1-billion-cash-call-egm

AirAsia’s two largest shareholders, Tan Sri Tony Fernandes and Datuk Kamarudin Meranun, have committed to undertake all of their entitlements under the RCUIDS issuance, and are expected to fork out RM257.27 million for the purpose.

Will old fox Tony fork out over RM 250m to invest in a bankrupt company?

i bet small on loan stock with good gain because i believe Tony still plays magic like that of AAX. AAX not bankrupt how can AirAsia bankrupt leh?

We need Airasia so let anyone can fly mah...even though i don't like to fly with airasia

Airasia is holding well at 80sen. It is a fair value for now in an efficient mkt whereas if we look at NTA it is worth nothing. There could be something in the company we don't know...

It also has few superapps that can monetize via IPO etc...

Haha, SSlee, i already warmed the investors here to run when Airasia was above RM 1 but many don't believe as i am one of the naysayers and now the price is 80sen.

However i bet on Airasia loan stock by buying LR at around 2 sen and subscribed to loan stocks as it was very attractive and worth the bet. I have sold all free warrant during first trading day at 22 sen. If i sold my loan stock today, my profit will be around 13.5% (ie 11sen/77sen), a good return. I told readers here i will buy and bet on loan stocks.

A million question : Should i sell my loan stock at 75 sen today and continue to receive 8% interest per year?

Can airasia doing its AAX way to repay its creditors?

Tony needs to have another magic to get Airasia out of PN17. and He has invested heavily on this loan stock.....

http://www.lazyportfolioetf.com/world-country-indexes-returns/

https://www.theedgemarkets.com/article/qes-group-buys-land-penang-rm5m-expand-operations

"The proposed acquisition shall be used only for manufacturing inspection, measuring, automated handling equipment, electro-mechanical prototyping to high volume production for the semiconductor, life science, defence, aerospace and emerging technology industries which will also include research and development activities related to Industrial Revolution 4.0 and smart manufacturing solutions," said the group.

I am bullish on continued expansion of QES

https://www.youtube.com/watch?v=jYkzPprfgeg

QES Group Bhd Q3FYE2021 Analysts & Fund Managers Results Briefing 1

Starting this public portfolio 03/01/2022, first trading day of 2022, based on RM 1,000,000 investment.

PAT increased every quarter and year. So it meets KYY's golden rule...

mkt cap is very small only about RM 200m... Koon Bee can push up easily...

Dear Mr Tan, my pick if there are still seat not taken up by reserved seat...



Scope 20%
Jaks 15%
QES 10%
Tunepro 10%
Hiaptek 15%
Dnex 10%
BJLand 10%
Armada 10%

随着集团的数字化转型继续获得强劲势头，亚航集团还寻求在不久的将来，为超级应用程式、物流合资企业Teleport和工程公司Asia Digital Engineering筹集新资金。

Airasia future also relies on above, besides recovering of travelling which will see explosive growth once covid is no longer a threat to human. We have been in this situation for 2 years already, covid should end soon.

some borrow ah long, that is why have to rush to sell...


------------
Stockexpert001 Malaysian many panic seller... That is why.. I wander 0.75 LR I cannot find any reason why sell below 0.85?? As super easy to go up 0.90..

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E7%AD%B9%E9%9B%869745%E4%BA%BF-%E4%BA%9A%E8%88%AA%E6%9C%AC%E5%91%A8%E4%BA%94%E5%AE%8C%E6%88%90%E9%99%84%E5%8A%A0%E8%82%A1

Above article is a good one for airasia future.

As for negative shareholders' funds issue, it will depend on the valuation and listing of its other businesses in next 1 year. Let see Tony can do magic or not....

still have RM 500m govt guaranteed loan. Can last for 1 year i think as travelling has recovered, losses will reduce substantially next 2 quarters and perhaps can see profit in second half of 2022. Some US airlines already turnaround and making profit currently.

haha, buying LR and subscribe for right is a good bet. 75 sen + 11 sen = 86sen. making around 13% this exercise within 1 month, apa lagi mahu

i sold all free warrant. As for loan stock, will wait for this selling to end. Guess sellers are those borrowed and wanted to take profit fast, that is why heavy selling at first day.

ask uncle KYY to join the party then can up very fast as mkt cap is around RM 190m only, let said top 20 shareholders hold 60% only left less than RM 90 m shares in the mkt.

RENOUNCEABLE RIGHTS ISSUE

Kindly be advised that AIRASIA's 1,299,350,959 RCUIDS 2021/2028 and 649,675,479
WARRANTS 2021/2028 issued pursuant to the Rights Issue will be admitted to the
Official List of Bursa Malaysia Securities Berhad and the listing and quotation
of the RCUIDS 2021/2028 and WARRANTS 2021/2028 on the Main Market under the
"Consumer Products & Services" sector, will be granted with effect from 9.00
a.m., Friday, 31 December 2021. The Stock Number, Stock Short Name and ISIN
Code of the RCUIDS 2021/2028 and WARRANTS 2021/2028 are as follows:

a good bet for those who bought LR to subscribe for loan stock with free warrant at 75sen...

i am happy i bet some and hope can laugh to the bank tomo when listing of the loan stock and warrant tomo...