Why Research paper target price of 0.16 NOT reflected on the website price target??? Website shows target price from Alliance is 0.23??

Waiting at 95, 90 & 88.....

Done! Leaving the party now.... Coming back when there is no people...

1Q14 Results will be bad due to seasonality. 2Q14 may turn a bit. Orders (if they come), may start to come in 2H14. Technically, it has strong support at ~85. Current state very, very much favors downside to ?95 ?90 or 85...

Yes. Looks like heading towards the long term support 85cts. Let's see if the 90~95 level will be taken out. Also catalyst for semicon won't come till Aug/Sep where electronics are supposed to start the year end ramp.

Short term technical is weak. Double top at 1.13 won. Waiting for it at 90~95.

Every quarter losing 2+cts per share. In 3 years, it will lose all 24cts. Rights issues maybe again lurking in the corner or privatization/ selling off. Just need some heavyweights to blurt out something.....

MAS NTA 24cts. Rights price 23cts.
Looking attractive for short term trades.

HPQ seeing green shoots in the pc mkt. XP replacement driving demand.

Hire & Fire is a norm in the global tech sector. It has been like that for ages & lately, the firing goes without retrenchment, unless it is under a country's law to retrench.

Investing is always in anticipation of the future. This is the inherent risk in investing. If you wait for electronics giants to report rosy profits, you are likely buying at the peak of the cycle. Unless one has a internal info that is secret, the current price is always reflective of the current market and current market projections.

Cutting staff & cost cutting during the lull period is good in a way that the company can weather the low sales & purge out under performing staff. The company gets to stay afloat while waiting for the boom cycle.

Invest at your own risk. Question is will electronics sector bottom in 2014, 2015 or never (ie company close down before the next boom cycle)?

During 2000~2003 wild swings due to dot.com & Y2K bubble burst - all techs deflated. And 911. Many semicon companies never see those high ever again.

Last 2 peaks were 2010 & 2004. 2010 peak was preceded by a crisis, 2003 SARs.
2004 high ~3.1 (accounted for split/bonus), 2010 high ~2.7
> It is making slightly lower highs. To break this, the top guy must be able to foresee the future tech trend and capitalize. Else it will continue to slide or trend sideways. Price swing is wild enough to still profit (possibly handsomely) from trading this counter.

Semicon ww has been sluggish for almost 3 years, save for mobile related. Industry players seeing (or rather hoping) 2014 is a turnaround year. This sector is pretty cyclical (& volatile). Consumer can only be sluggish for a period before demand pick up. Is it 2014 or 2015? Upswing can be fast & furious. It is a bet.

Broken 61.8% Fib Retracement level. Heading towards <90. No technical rebound on sight. Got to wait for hopefully another 1/2 instead of 1 yr. Looking to buy back ~86.

Outlook from the Intel giant looks gloomy. Still the mobile & tablets are the growth sector. Looks like the semicon landscape had changed permanently. HDD also being increasingly threatened by SSD. Memory biz to boom some more.

Looks like the beginning of year uptrend is over for this counter.
Intel maybe announcing a pc bottoming for 4q13 tomorrow. Electronics should benefit.

Electronic bright sector, mobile, showing signs of slowing growth. Expected as the visionary S Jobs is no more.
Intel in the recent 3 day IDF showcase many new products. But the mkt is not pushing them. 4th gen Cores already available but mkt is still advertising/selling 3rd gen today! 4th gen is a big giant leap from 3rd gen. PC slowdown possibly created too huge a old stock that needed to be cleared first. Need to wait for Xmas & next yr back to school & EOL of Win XP to trigger the next possible revival of PC/clamp-shell. PC/CS needed more electronics components than mobile, without a PC/CS recovery, not many electronics companies can benefit. Mobile only benefited a handful of companies.

Funds outflow will last for a while. Lots of people are looking for a technical rebound to sell into.

FM pulling out of emerging mkts. Preparing to go into US Treasuries which is getting more & more sexy day by day. Emerging markets looking like an old hag. End of the road for emerging markets! Heading towards pre-money printing levels.

Looks like the buy out negotiation had ended. If still under negotiation, they can't talk. Now that the negotiation failed, everybody come out and say something. Gave mkt some excitement & pushed up the price.

Done 3 rounds. I am out. Maybe I am out too early. Too many big shots commenting on the sale. Definitely some serious talk behind. Won't see 30sen prices in near future anymore.

Looks like the board of directors just started to brainstorm what to do with the current long streak of losses. Churning out ideas ranging from selling off to changing mgt to possibly do nothing.... It will be a while before the widespread cancerous tumor is fully removed & the patient is out of the deathbed. Meanwhile.... good for punting...

close 0.34, at 38.2% Fibonacci retracement level. Next stop 61.8% is at 0.37

Apple appears disappointing to me (smartphone overdose, miserable yoy unit growth). TSMC forecast lower growth. TXN growing in industrial & auto segment. STM mobile/MEMs slowdown, Industrial & auto grow abit. PC remains dead. China is tripping, hopefully doesn't break a leg falling down. Another lost year for semicon!

0.36 is Interim Div. There is also a final div (2012 Final = 0.135). Assuming it will continue to give final div of 0.135, Total 2013 div = 0.495!
Btw, EPS = 0.10/qtr....

Semicon recovery is not as strong as I have initially hoped for. Intel revised downwards it's forecast to flat 2013. Also reducing another U$1b of 2013 capex. PC mkt biting harder than they forecasted. New architecture CPUs are not making fast enough progress/acceptance. Limited upside for rest of the year.

EPF heard the people's call.....

This is it. Panic to be unleased....

I'll go shopping again if it drops to 30~31 tomorrow.
There is no need to evaluate any fundamental at this moment... Only driven by market sentiment, fear, greed, cut-loss, average-low, etc.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1253793

08/05/2013 Despatch Date
07/05/2013 Date for commencement of trading of the rights
08/05/2013 Date for despatch of abridged prospectus and subscription forms
14/05/2013 Date for cessation of trading of the rights
27/05/2013 Date for announcement of final subscription result and basis of allotment of excess Rights Securities
05/06/2013 Listing date of the Rights Securities

June 7 ??

Went to the MAS great sale this morning. Betting the 33sen will hold for today.

SIA recently annc buying S$21b new planes (60+ 787 & Airbus), yet price drop only 20cents to ~10.65. They have S$5b cash. Need to raise S$16b for the planes. They buy new planes to compete in this cut-throat aviation biz. These new planes save almost 20% fuel. Fuel costs ~40% of their expenses.

Before even the rights shares are listed, panic sellers already unloading... Looks like when they really get hold of the 4x rights shares, selling pressure to increase. Looking for cheap sale at 32~34 instead of 36.
32sen = pre-right 68 (support level before ex-rights)
34sen = pre-right 78
41sen = pre-right 1.13
50sen = pre-right 1.58

Well... MAS holding quite well. No fire sale. Guess no shopping for today. Have to wait for next week.

Results are terrible making panicky investors more panic. Looking at 36 to trade tomorrow.
Actually, not much has changed other than they have now raised 3.1b. Pockets full of cash. No need to go bankrupt in near future. They will be ok for at least 2013.

Malaysia Airlines group registered a Net Loss after Tax was RM279 million for the first quarter of 2013 compared to a loss of RM172 million previously

This researcher is a looooooong way out!

Looking to collect from paniky sellers to trade another round....

41sen resistant = (pre-rights) 1.13
1.13 was the 2H12 resistant (before rights news ~Nov).
If results are good today, price may get a boost. Pretty sure they will cook-up a set of better results to mitigate the eventual unloading/volatility on rights-shares trading day next week.

Rights shares 41.51% oversub. MAS is getting the full amt (& may not need to raise anymore rights/bonds for now). Hope to get a rebound these few days & then trade again on 5Jun.

if on Mon 27May, the rights subscription is high, then price may get a slight rebound (hopefully) before the wild swings on Right Shares listing on 5Jun. One more opportunity to trade & punt but not to invest.

When the right shares are listed, there will be 4x more shares at 23c to sell. Listing day will be a volatile day. 2 more weeks. They had already raised rights for the 3rd time since 2007 (Total 1+3+3b = RM7b!) & yet price dropping like a rock. It's like pumping money into a black hole. There are other regional airlines that make money...

MAS share is currently for trading. Cannot hold for long term. The sky is too crowded, need high skills to manoeuvre thru this cut-throat biz.

Job is in a class of its own. He is able to see the gap what consumer wants & create a huge market in a extremely short time. He single handedly brought down the world pc market, rewrite the mobile market playing field, brought the once mighty NOK to its knees. Along with it, down the drain goes a whole list of electronics companies, restructuring, disposing mobile & DRAM segments. He is seen as a darling for the consumer but a tyrant in the electronics sector, especially PC & mobile related.

Semicon growth from manufacturer side..
- Intel new architecture Haswell core with low power, taunted to be the RISC based ARM competitor. Happening in Jun
- 3D NAND (~2014). Extending Moore's law by going up instead of mere shrinkage
- FinFET, 3D Transistors (>2014)

Apple has been satisfying consumer's thirst by providing what consumer really wants with less hardware but not necessary lower price. They sell products at premium with less hardware & pocket the difference. (iPhone, iPads at the expense of PC). Now that Job is resting in peace, the electronics world can again resume selling more hardware to consumer...

Semicon is a very volatile market but also cyclical.

can't post again.....??....

Semicon industry looks like turning around. Most recent conf calls from STM, Infineon, TXN, ONNN, ASML, AMAT, LRCX, ACLS, WFR are saying they see the industry turning around. They believed the bottom had passed. The above are front-end semicons.

can't post... testing...