Kesm's associate company, Sunright, has been very bullish.

Sunright Limited, a main board listed company on the Stock Exchange Securities Trading Limited, ( SGX: Sunright ) is the world’s largest independent “test and burn-in” service company and a leading manufacturer of parallel test equipment. Sunright has facilities in Singapore, Taiwan, Philippines, China and the United States. Its associate company, KESM Industries Berhad, listed on the Bursa in 1994, engages in providing “burn-in and testing” services as well as Electronic Manufacturing Services (EMS). Together, it has a workforce of more than 2,000 employees.

Write a comment..Sunright is up 0.55% today.

Red-hot chip stocks could see a repeat of 2017 gains
https://www.cnbc.com/2018/01/22/chipmaker-and-semiconductor-stocks-could-see-a-repeat-of-2017-gains.html

Red-hot chip stocks could see a repeat of 2017 gains

https://www.cnbc.com/2018/01/22/chipmaker-and-semiconductor-stocks-could-see-a-repeat-of-2017-gains.html

The US semiconductor index is bullish today as well. Semiconductor rally is coming.

Sunright is up 2.84% today.
KESM is up 1.51% today.

Sunright rose from 0.78 to 0.90 during the last one month.(15.3% up)
KESM rose from 19.02 to 20.20 during the last one month (6.2% up)

0.085 is a multi year low.

XOX : 0.115

Anzo and XOX has a commom managing director.

Anzo RM 0.085 ---------- 0.51x P/BV

Anzo's 34,648,328 Trade receivables increased from 8,433,774 to 34,648,328 compared to 31
March 2017. Other receivables, deposits & prepayments increased from 10,658,848 to 77,012,927.
Revenue is only increased when receivables are converted into cash inflows through a collection.

TOTAL ASSETS increased from 55,468,948 to 156,371,592.

TOTAL LIABILITIES decreased from 13,477,732 to 9,562,990.



http://www.malaysiastock.biz/Company-Announcement.aspx?id=1016945
https://klse.i3investor.com/blogs/sinchew_company_story/141735.jsp

IMF Raises 2018 Global Growth Forecast, Partly on U.S. Tax Cuts (Breaking news)

Global growth will accelerate to the fastest pace in seven years as U.S. tax cuts spur businesses to invest, the International Monetary Fund said.

https://www.bloomberg.com/news/articles/2018-01-22/imf-sees-global-growth-picking-up-as-u-s-tax-cuts-gain-traction

https://www.bloomberg.com/news/articles/2018-01-20/tech-energy-bright-spots-for-stock-pickers-barron-s-roundtable

Tech, Energy Bright Spots for Stock Pickers: Barron's Roundtable

Some of Wall Street’s most influential investors are eyeing energy and technology plays as the bull market hums on.

Asked for their best stock picks as part of Barron’s 2018 roundtable discussion, Jeffrey Gundlach, Abby Joseph Cohen, Delphi Management founder Scott Black and other panelists championed technology and energy companies they see profiting from rising tides in those industries.

Four of the nine participants highlighted companies tied in some way to semiconductors, from Samsung Electronics Co. -- Cohen’s pick -- to Lam Research Corp., favored by Black, which manufactures semiconductor processing equipment used in making circuits.

“People are still living in the past. They retain a notion from 1995 to 2000 that semiconductor-equipment manufacturing is wildly cyclical and a bad business," Paul Wick, lead manager of the Columbia Seligman Communications & Information Fund at Columbia Threadneedle Investments. He pitched Micron Technology Inc. “In fact, the chip industry has become much less volatile."

But for these chipmakers, half of their costs are also denominated in US dollars, giving these firms a natural hedge against the depreciating greenback.

“No doubt [their] earnings will be affected by the weak [US] dollar, but the impact will not be that big,” Foo told The Edge Financial Daily over the phone, saying previous financial results indicated foreign exchange gains were not all that significant when the US dollar was strong.
http://www.theedgemarkets.com/article/strong-ringgit-may-bring-little-cheer-malaysian-exporters

http://www.theedgemarkets.com/article/strong-ringgit-may-bring-little-cheer-malaysian-exporters

But for these chipmakers, half of their costs are also denominated in US dollars, giving these firms a natural hedge against the depreciating greenback.

“No doubt [their] earnings will be affected by the weak [US] dollar, but the impact will not be that big,” Foo told The Edge Financial Daily over the phone, saying previous financial results indicated foreign exchange gains were not all that significant when the US dollar was strong.

Equities Weekly: Global equities in the black yet again | http://www.klsescreener.com/v2/news/view/333155

Equities Weekly: Global equities in the black yet again | http://www.klsescreener.com/v2/news/view/333155

Friday

Inari + 2.67%
Sam Engineering + 2.18%
MMSV + 6.51%
KESM + 2.00%

Friday

MMSV + 6.51%
KESM + 2.00%
Inari + 2.67%
Sam Engineering + 2.18%

Friday

MMSV + 6.51%
KESM + 2.00%
Inari + 2.67%
Sam Engineering + 2.18%

Bursa Malaysia to continue upward momentum next week
http://m.thesundaily.my/node/520299

Nasdaq and the US semiconductor index hit a historical high. Tech rally will be coming soon.

On the strengthening of the ringgit against the US dollar, Lim noted that the group is not affected by the currency movement at the moment.
http://m.thesundaily.my/node/518127

Ringgit to revisit 4.30 as US dollar strengthens, says DBS
http://www.theedgemarkets.com/article/ringgit-revisit-430-us-dollar-strengthens-says-dbs

KESM is principally involved in specialized electronic manufacturing activities. More specifically, the company is engaged in providing burn-in services. The company has business dealings with virtually all the American semiconductor manufacturers.
http://www.kesmi.com/activities.html

Kesm's stock price should be more linked to the US semiconductor index than other Malaysian semiconductor stocks are due to the above fact.

If Kesm's net profit grows 20% per year over 3 years, a P/E of around 26 would be appropriate.

If Kesm's net profit grows 15% per year over 3 years, a P/E of around 23 would be appropriate.

If Kesm's net profit grows 10% per year over 3 years, a P/E of around 20 would be appropriate.

Kesm is one of some auto chip stocks in Malaysia. It focuses on automotive applications in the semiconductor industry. Buy Kesm before it surges!

The US semiconductor index has been extremely bullish. After it was up 2,89% on Wendnesday, it continued going up on Thursday and Friday,
https://www.marketwatch.com/investing/index/sox

Tech rally will be coming soon!

PHLX Semiconductor Index: Semiconductor index with buy-signal!

Since the beginning of 2016, a clear upward trend has dominated the course of the US semiconductor index PHLX and produced a gain of over 140 percent in the barometer. On Wednesday, the index has broken above its highs from 2017 and has thereby set up a fresh follow-up buy signal.

At the same time, this also brought buyers to the scene in this country and spawned a price leap in numerous German technology titles. As a result, technology stocks tend to become more interesting again in the coming weeks and can be traded on the upper side via corresponding long instruments.

Direct price gains up to the upper trend limit of roughly 1,400 points would be quite feasible in the coming days.

MMS Ventures sees better results on higher sales
Read more at https://www.thestar.com.my/business/business-news/2018/01/15/mms-ventures-sees-better-results-on-higher-sales/#E7AJqSbKH5YhufmI.99

PHLX Semiconductor Index: Semiconductor index with buy-signal!

Since the beginning of 2016, a clear upward trend has dominated the course of the US semiconductor index PHLX and produced a gain of over 140 percent in the barometer. On Wednesday, the index has broken above its highs from 2017 and has thereby set up a fresh follow-up buy signal.

At the same time, this also brought buyers to the scene in this country and spawned a price leap in numerous German technology titles. As a result, technology stocks tend to become more interesting again in the coming weeks and can be traded on the upper side via corresponding long instruments.

Direct price gains up to the upper trend limit of roughly 1,400 points would be quite feasible in the coming days.

PHLX Semiconductor Index: Semiconductor index with buy-signal!

Since the beginning of 2016, a clear upward trend has dominated the course of the US semiconductor index PHLX and produced a gain of over 140 percent in the barometer. On Wednesday, the index has broken above its highs from 2017 and has thereby set up a fresh follow-up buy signal.

At the same time, this also brought buyers to the scene in this country and spawned a price leap in numerous German technology titles. As a result, technology stocks tend to become more interesting again in the coming weeks and can be traded on the upper side via corresponding long instruments.

Direct price gains up to the upper trend limit of roughly 1,400 points would be quite feasible in the coming days.


BUY

PHLX Semiconductor Index: Semiconductor index with buy-signal!

Since the beginning of 2016, a clear upward trend has dominated the course of the US semiconductor index PHLX and produced a gain of over 140 percent in the barometer. On Wednesday, the index has broken above its highs from 2017 and has thereby set up a fresh follow-up buy signal.

At the same time, this also brought buyers to the scene in this country and spawned a price leap in numerous German technology titles. As a result, technology stocks tend to become more interesting again in the coming weeks and can be traded on the upper side via corresponding long instruments.

Direct price gains up to the upper trend limit of roughly 1,400 points would be quite feasible in the coming days.

PHLX Semiconductor Index: Semiconductor index with buy-signal!

Since the beginning of 2016, a clear upward trend has dominated the course of the US semiconductor index PHLX and produced a gain of over 140 percent in the barometer. On Wednesday, the index has broken above its highs from 2017 and has thereby set up a fresh follow-up buy signal.

At the same time, this also brought buyers to the scene in this country and spawned a price leap in numerous German technology titles. As a result, technology stocks tend to become more interesting again in the coming weeks and can be traded on the upper side via corresponding long instruments.

Direct price gains up to the upper trend limit of roughly 1,400 points would be quite feasible in the coming days.

PHLX Semiconductor Index: Semiconductor index with buy-signal!

Since the beginning of 2016, a clear upward trend has dominated the course of the US semiconductor index PHLX and produced a gain of over 140 percent in the barometer. On Wednesday, the index has broken above its highs from 2017 and has thereby set up a fresh follow-up buy signal.

At the same time, this also brought buyers to the scene in this country and spawned a price leap in numerous German technology titles. As a result, technology stocks tend to become more interesting again in the coming weeks and can be traded on the upper side via corresponding long instruments.

Direct price gains up to the upper trend limit of roughly 1,400 points would be quite feasible in the coming days.

PHLX Semiconductor Index: Semiconductor index with buy-signal!

Since the beginning of 2016, a clear upward trend has dominated the course of the US semiconductor index PHLX and produced a gain of over 140 percent in the barometer. On Wednesday, the index has broken above its highs from 2017 and has thereby set up a fresh follow-up buy signal.

At the same time, this also brought buyers to the scene in this country and spawned a price leap in numerous German technology titles. As a result, technology stocks tend to become more interesting again in the coming weeks and can be traded on the upper side via corresponding long instruments.

Direct price gains up to the upper trend limit of roughly 1,400 points would be quite feasible in the coming days.

https://www.thestar.com.my/business/business-news/2018/01/15/mms-ventures-sees-better-results-on-higher-sales/

https://www.thestar.com.my/business/business-news/2018/01/15/mms-ventures-sees-better-results-on-higher-sales/

The US semiconductor index has been very bullish recently.


The US semiconductor index is up 0.61% now after it was up 2.89% yesterday.
No profit taking today

The US semiconductor index has been very bullish recently.


The US semiconductor index is up 0.61% now after it was up 2.89% yesterday.
No profit taking today

Microsoft believes its artificial intelligence can be used to improve driver safety in future cars.

At CES, Microsoft stakes out its future role in car safety
Read more at https://www.thestar.com.my/tech/tech-news/2018/01/11/at-ces-microsoft-stakes-out-its-future-role-in-car-safety/#TOijIstOqacRFFYJ.99

MMS Ventures sees better results on higher sales
https://www.thestar.com.my/business/business-news/2018/01/15/mms-ventures-sees-better-results-on-higher-sales/

China’s economy grows 6.9% in 2017 on strong exports and property
https://www.ft.com/content/53473650-fb59-11e7-9b32-d7d59aace167

China’s economy grows 6.9% in 2017 on strong exports and property
https://www.ft.com/content/53473650-fb59-11e7-9b32-d7d59aace167

Europe's major stock markets mostly rose Thursday, buoyed by bullish Chinese data, strong corporate earnings -- and Wall Street's record-breaking rally rooted in optimism over the impact of President Donald Trump's tax cuts.

Frankfurt rose 0.5 percent with German semiconductor giant Infineon jumping almost four percent, one day after stellar annual results from Dutch computer chip maker and global hi-tech bellwether ASML.
https://sg.news.yahoo.com/asian-markets-build-rally-hong-kong-hits-fresh-030822289--finance.html

China’s economy grows 6.9% in 2017 on strong exports and property
https://www.ft.com/content/53473650-fb59-11e7-9b32-d7d59aace167

China’s economy grows 6.9% in 2017 on strong exports and property
https://www.ft.com/content/53473650-fb59-11e7-9b32-d7d59aace167

Europe's major stock markets mostly rose Thursday, buoyed by bullish Chinese data, strong corporate earnings -- and Wall Street's record-breaking rally rooted in optimism over the impact of President Donald Trump's tax cuts.

Frankfurt rose 0.5 percent with German semiconductor giant Infineon jumping almost four percent, one day after stellar annual results from Dutch computer chip maker and global hi-tech bellwether ASML.
https://sg.news.yahoo.com/asian-markets-build-rally-hong-kong-hits-fresh-030822289--finance.html

China’s economy grows 6.9% in 2017 on strong exports and property
https://www.ft.com/content/53473650-fb59-11e7-9b32-d7d59aace167

Europe's major stock markets mostly rose Thursday, buoyed by bullish Chinese data, strong corporate earnings -- and Wall Street's record-breaking rally rooted in optimism over the impact of President Donald Trump's tax cuts.

Frankfurt rose 0.5 percent with German semiconductor giant Infineon jumping almost four percent, one day after stellar annual results from Dutch computer chip maker and global hi-tech bellwether ASML.
https://sg.news.yahoo.com/asian-markets-build-rally-hong-kong-hits-fresh-030822289--finance.html

Today KLCI was bearish.

Europe's major stock markets mostly rose Thursday, buoyed by bullish Chinese data, strong corporate earnings -- and Wall Street's record-breaking rally rooted in optimism over the impact of President Donald Trump's tax cuts.

Frankfurt rose 0.5 percent with German semiconductor giant Infineon jumping almost four percent, one day after stellar annual results from Dutch computer chip maker and global hi-tech bellwether ASML.
https://sg.news.yahoo.com/asian-markets-build-rally-hong-kong-hits-fresh-030822289--finance.html

Europe's major stock markets mostly rose Thursday, buoyed by bullish Chinese data, strong corporate earnings -- and Wall Street's record-breaking rally rooted in optimism over the impact of President Donald Trump's tax cuts.

Frankfurt rose 0.5 percent with German semiconductor giant Infineon jumping almost four percent, one day after stellar annual results from Dutch computer chip maker and global hi-tech bellwether ASML.
https://sg.news.yahoo.com/asian-markets-build-rally-hong-kong-hits-fresh-030822289--finance.html

Texas Instruments is up 2.28% now. Haha

US semiconductor index hit a new high!!

US semiconductor index hit a new high!!