free flight to Australia

steady....this is just a minor hiccup...fundamentals intact

Sebastian, did you buy more earlier?

yes..stay invested...

there is a proposed share buyback next week for flbhd...Taiwanese director sell for profit taking only

MALAFARKOFF

MALAKOFF = ICON ===> GOOD BYE!

another icon

the next icon...

definitely...keep collecting

with factory expansion still can post good results....when the new factory in full capacity next quarter even bigger profit....thumbs up inari!

record profit with dividend

http://www.thestar.com.my/Business/Business-News/2015/05/14/Unisem-poised-to-beat-recent-high-as-volume-climbs/?style=biz

Unisem poised to beat recent high as volume climbs

corporate exercise

http://www.theedgemarkets.com/my/article/unisem-active-52-stronger-us-dollar

KUALA LUMPUR (May 14): Semiconductor manufacturer Unisem (M) Bhd ( Financial Dashboard)'s shares rose as much as 13 sen or 5.2% to RM2.63 in morning trades today, as the US dollar edged higher.

The ringgit was quoted at 3.5747 versus the greenback.

Unisem shares were traded at RM2.59, up nine sen or 3.6% with some 7.3 million shares traded as at 12.29pm.

Its warrant stocks UNISEM-WA also increased in tandem rising 0.2 sen or 7.27% to trade at RM29.5 sen.

A dealer who declined to be named when contacted by theedgemarkets.com said the company is a net beneficiary of a stronger US dollar versus the ringgit which is good for the semiconductor sector.

The dealer also added that that Unisem being export-oriented insulates against the weak ringgit, noting that the company also recently posted higher net profits.

According to Bursa Malaysia filings, the company posted a net profit of RM23.54 million for the first quarter ended March 31, 2015 (1QFY15) as compared to RM9.27 million for FY14 on higher gross profit margin arising from change in product mix and improved utilisation rates.

Revenue also grew 23% year-on-year to RM280.1 million.

On April 29, CIMB Research in a note said it has maintained its “Add” rating on Unisem at RM2.43 with a higher target price of RM2.65 (from RM2.50) and said Unisem’s 1Q15 core net profit was slightly ahead of house expectation at 25% of its full-year estimate, but in line with consensus at 21%.

Unisem manufactures and sells semiconductor devices, and provides other related services to electronics companies. The company has operations in Malaysia, the United Kingdom, China, Indonesia and the United States.

UEM Sunrise down after removal from MSCI Malaysia Index

http://www.thestar.com.my/Business/Business-News/2015/05/14/UEM-Sunrise-down-after-removal-from-MSCI-Malaysia-Index/?style=biz

KUALA LUMPUR: UEM Sunrise Bhd’s share price fell to a low of RM1.21 in early Thursday trade, extending its decline from the previous day after it was removed from the MSCI Malaysia Index.

At 9.51am, it was down five sen to RM1.22. There were 682,500 shares done at prices ranging from RM1.20 to RM1.26.

The FBM KLCI rose 3.41 points or 0.21% to 1,806.76. Turnover was 245.84 million shares valued at RM165.89mil. There were 288 gainers, 143 losers and 224 counters unchanged.

MIDF Equities Research said UEM Sunrise was removed in the latest review of constituents of MSCI Provisional Standard Indexes.

MSCI is a benchmark index for measuring investment performance by international investors.

“We believe that the removal of the stock from the index has resulted in the selldown by foreign investors to rebalance their investment portfolio,” it said.

The MSCI Malaysia Index is designed to measure the performance of the large and mid cap segments of the Malaysian market. With 42 constituents, the index covers about 85% of the Malaysian equity universe.

MIDF Research said despite the negative newsflow, “we believe that the fundamentals of UEM Sunrise remain intact”.

“Recall that UEM Sunrise still has unbilled sales of RM3.9bil as of end-FY14. This should provide more than two years of earnings visibility and hence support its FY15 net profit.

“As for new sales, we are keeping our estimate of RM1.95bil which is already lower than management’s target of between RM2bil to RM2.4bil. We maintain our FY15 net profit forecast of RM491mil.
“Further downside on share price is limited as the stock is already trading at all-time low. Current share price of RM1.27 reflects all-time low price/book value of 0.91 times. Also, it reflects a 52% discount to our RNAV estimate of RM2.67 for the stock,” said MIDF Research

http://www.theedgemarkets.com/my/article/exciting-times-ahead-inari-says-hlib-research

Exciting times ahead for Inari, says HLIB Research

KUALA LUMPUR (May 14): Hong Leong IB Research said it remains positive on Inari Amertron Bhd as its new factory P13 was on track and expected to contribute strongly from 4QFY15 and beyond, with potential upward revisions to house FY16/17 forecasts and target price.

In a trading idea today, the research house said Inari was poised to rewrite all time high after building a strong base near RM3.14 or 23.6% FR.

“A decisive breakout above RM3.43 will spur prices higher to retest RM3.52 and our long term target price of RM3.71 (150% FR).

“Immediate supports are located at RM3.23 (23.6% FR and 10-d SMA) and RM3.14. Cut loss below RM3.10.

“A better trading exposure is through Inari-WB (Expiry: 17 Feb 2020; Premium: 3.3%; gearing: 2.33; 1-month average volume: 328k) compared with Inari-WA (Expiry: 6 Apr 2018; Discount: 1.8%; gearing: 1.13; 1-month average volume: 28,000),”it said.

only consider buy below 1.15

wah so many selling at 2.20

going to post bad quarter results

http://www.theedgemarkets.com/my/article/johor-postpones-approvals-new-serviced-apartments-counter-oversupply

looking at the chart Rm1.10 for short term play

buy IFCAMSC better

at least Fitch sounds independent

UEM heavily related to 1MCD

688888 how much you queing to sell?...can hit your 300K profit?

looks like total loss...better stay away first..

more selling to come...the edge today reported Fitch rating downgraded us due to 1MCD

ooh...you are very technical...then why are you talking oil on myeg counter?

tomorrow sure crash already....because current price already factored in this news due to insider trade for last week....some more they are buying the company means spending money...

tengku...can u share if it's recommended to enter myeg now?

yeah...better protect profit first

thanks fortunebullz...I think better stay sideline and watch on this politically related stock....usually when they deny that they are leaving...usually they are leaving...like the previous PM

hahaha ....hamyu sudah bungkus....

take cover guys...foreign funds are exiting...

buy unisem better la

eh ...we are all in this stock...no point getting in now when the selling is heavy... we cannot do anything about it

told you already...HOLD first...it is dropping further...next support 2.25

as expected....don't buy in now...wait until it stable below 2.30 first...afternoon may drop further...selling pressure is there..

with these kinda results even with revenue and dividend and the stock still doesn't move...you better cut loss today...because with the dividend it will drop further and never rebound...heading to RM1.00 soon

up 0.01 only la LoL

yesterday already drop 10 cents

finish

ahhahaha....market sentiment is bad...ppl very careful...

today is buying opportunity to cross Rm2 heading to 2nd TP RM 2.50

Buy?...Sell In May....

http://www.theedgemarkets.com/my/article/perwaja-under-selling-pressure-says-alliancedbs-research

KUALA LUMPUR (May 12): AllianceDBS Research said Perwaja Holdings Bhd ( Financial Dashboard) was under selling pressure and Perwaja had on May 11 traded lower to 16.5 sen before closing near the day’s low at 17 sen (down 3.5 sen or 17.0%).

In its evening edition yesterday, the research house said Perwaja continued to stay above the 20-day and 50-day moving average lines.

It said that following the weak down close on May 11, the stock was expected to trade lower again with immediate support at 14.5 sen.

“A fall below 14.5 sen would put pressure on the stock down to the subsequent support zone, 12 sen – 13 sen.

“The overhead resistance is at 19 sen. A crossover of 19 sen should see further price rise to the next overhead resistance zone, 23 sen – 25 sen,” it said.

AllianceDBS Research said stock volume traded on May 11 was 17.9 million shares compared to the 3-month average volume of 3.61 million shares.

The research house said that indicator wise, the MACD was above the 9-day moving average line.

Sell in May...

http://www.theedgemarkets.com/my/article/myeg%E2%80%99s-immediate-support-rm243-says-alliancedbs-research

KUALA LUMPUR (May 12): AllianceDBS Research said My E.G. Services Bhd ( Financial Dashboard)’s immediate support is at RM2.43, and said My E.G. had on May 11 traded lower to RM2.50 before closing near the day’s low at RM2.52 (down 8 sen or 3.07%).

In its evening edition yesterday, the research house said My E.G, continued to fluctuate around the 20-day in the last 5 days after spending 16 days below the 20-day & 50-day MA lines.

AllianceDBS Research said given the weak down close, the stock was likely to move lower again with immediate support at RM2.43.

“A fall below RM2.43 would put pressure on the stock down to the subsequent support at RM2.25 and RM2.70.

“The overhead resistance is at RM2.70. A crossover of RM2.70 should see further price rise to the next overhead resistance zone, RM2.80 – RM2.90,” it said.

The research house said stock volume traded on May 11 was 7 million shares compared to the 3- month average volume of 6.41 million shares.

collect any price below 1.00

hancur

tong sampah already cash out.....due to stock dillution

cypark also dropping already.....better don't rush in now..