4元我不敢讲，但rm3.08是大趋势。此股具备條件。

Haha,ok

受外圍因素如中印，美朝，另美科技股回调等，mmsv有很好的企业消息，回调是机会进。

Mmsv 分红股与转主板，今年净利創新高，业务成長等，股价不新高等何时，不建议買賣，投资自负。

Today mmsv gogo,buy more.

杨德龙：经济新周期中的投资机会
http://xw.qq.com/FIN/20170811008535/FIN2017081100853503
在新周期中，投资机会主要将产生于两个方面，一是来源于消费升级，像白酒中以茅台为代表的高端酒的价格不断上涨，其实就是消费升级的一种体现，而低端酒的股价则基本没有什么变化，当然还有很多其他的消费升级，比如对于电子、人工智能等的需求在逐渐提高。第二则是来源于高科技类的新兴产业。当前我们正处于第四轮科技革命之中，在这轮科技革命之中美国已经处于了领先位置，美国的前十大市值的股票中有七只属于科技股，其股价可以说是“一飞冲天”，当然，我们也不甘落后，中国的科技股中也会有些优秀的股票成长起来，科技股的投资机会在未来会逐渐的显现出来。

纯属个人简单计算，无買賣建议，哈哈！

2017 eps=10_12sen,pe=25,stock price=rm2.50_3.00

joan:恭喜你做了明智的选择。

0113 MMSV MMS创投 转主板股价须多少?
http://kongsenger.blogspot.my/2017/08/0113-mmsv-mms.html

Positive global semiconductor sales growth seen
MIDF Research
/
The Edge Financial Daily

August 08, 2017 10:18 am MYT
This article first appeared in The Edge Financial Daily, on August 8, 2017.
-A+A
Technology sector
Maintain positive: Worldwide sales of semiconductors in June 2017 grew strongly by +23.7% year-on-year (y-o-y) to US$32.6 billion (RM139.53 billion). Such pace of sales growth was last seen in September 2010 when sales increased by +25% y-o-y. This also marked the highest-ever sales recorded for the month of June. Inclusive of this, the global semiconductor sales have been growing on a y-o-y basis for the past 11 months since August 2016. Notably, global semiconductor sales grew at a faster pace of more than +20% y-o-y for the past three consecutive months since April. All markets posted strong double-digit growth on a y-o-y basis of at least +18% y-o-y. The American market was particularly robust, growing by +33.4% y-o-y to US$6.6 billion. This was followed by the Chinese market at +25.5% y-o-y.

Cumulatively, global semiconductor sales in the first half of 2017 (1H17) amounted to US$187.9 billion, an increase of +20.8% y-o-y. This was within the World Semiconductor Trade Statistics’s expectations, accounting for 49.7% of full-year 2017 sales forecast of US$377.8 billion. To recall, the healthy increase was partly driven by lower volume order in 1H16, which was caused by elevated inventory levels as well as strong dollar in some regions.

The Semiconductor Industry Association commented that “conditions are favourable for continued market growth in the months ahead”. Historically, positive June month-on-month (m-o-m) growth in 2016 and 2014 led to a very strong 2H. On the contrary, negative June m-o-m growth in 2015, 2012 and 2011 led to a stagnant 2H. Taking cue from June sales, which grew by +2% m-o-m, we expect that monthly semiconductor sales should increase steadily throughout the third quarter of 2017 before tapering off towards the end of the year. Premised on this, we do not discount the possibility that there could be further upward revision for full-year 2017 sales projections.

The North America-based manufacturers of semiconductor equipment recorded billings of US$2.3 billion in June. This represented an increase of +33.4% y-o-y compared with June 2016 billings of US$1.7 billion. Inclusive of this, billings have been growing on a y-o-y basis for the past 14 months since May 2016, with the exception of September 2016, when a slight contraction of -0.1% y-o-y was recorded. Cumulatively, 1H17 billings surged by more than +50% y-o-y to US$12.6 billion.

In recent years, the China government has been supporting the Chinese domestic semiconductor industry with tremendous capital budgets. This has led to China gradually playing a pivotal role in upholding the demand of semiconductor products. At present, sales from China account for one-third of global sales. China is also the main export destination of Malaysian semiconductor products.

Moving forward, we expect the sales growth momentum emanating from China to remain robust in the foreseeable term. In the immediate term, we expect the global semiconductor sales to continue to record positive sales growth on a y-o-y basis. Our view is reinforced by June sales figure, which remained encouraging.

Apart from the smart devices segment, we also expect healthier demand for the automotive, storage and healthcare markets. The automotive market will be driven by the continuous efforts to increase the average semiconductor content per vehicle. Demand from this market is also less susceptible to seasonality factors, thus providing a steadier stream of revenue. Meanwhile, higher demand for the storage market would be supported by the cloud computing and data centre industries.

All factors considered, we maintain our “positive” stance for the technology sector. — MIDF Research, Aug 7

今日 07:15 國際財經
半導體股支撐 道指標普齊創新高


半導體類股份牽動，美國股市周一上揚。道瓊斯工業平均指數連續第9天創新高，標準普爾500指數也創下收市新高。

道指收市升25點或0.12%，報22118；標普500指數升4點或0.16%，報2480；納斯特綜合指數升32點或0.51%，報6383。

標普11個主要分項內，8個上升，半導體類股份表現較佳，升1.7%，ON半導體升8.2%，Lam Research漲3.9%，Nvidia升3.1%。

Boston Private Wealth首席市場策略師Robert Pavlik表示，通脹溫和、利率低企與企業盈利理想，令到股市缺乏大幅向下調整的理由；但同樣地，沒有個別行業可帶領大市急升，因此觀望氣氛濃。

Joan:ancom 因业积不理想，全年eps=7.9sen,现价位70sen交易其pe =8.7倍，己下跌至物有所值，未來净利如跟上与企业消息释出还有堃回返90sen,供参考，无買賣建议。

现时紧捉mmsv 就对了，2元肯定，2, 50也是可以，10月应可付2sen股息。
大戶坐滿80%,各种企业目的进行着，此时不捉紧待何时。就这支，3元见。
你看回最近这三个星期，拉升(有成交量)，之后1至4天成交少(股价穩),很快投行kenanga 会呈最新報告了。
http://www.investalks.com/forum/forum.php?mod=viewthread&tid=19583&page=14&extra=#pid3957147

投资不是赚就是亏，如你不能等，凡事要做止损的动作，事后孔明没什么好说，个人喜好，他人无权干涉，祝安康，平常心投资。

https://klse.i3investor.com/blogs/TenMiles/129360.jsp
(感谢十里的功课):
MMSV -主板在望！2017第二季度（Q2 ）业绩有望突破历史新高

若科技股能提供可觀回報 公積金將考慮投資
http://finance.sina.com 2017年08月05日 03:39 光華日報



　　（吉隆坡5日訊）僱員公積金局（EPF）將會仔細考慮在科技股的投資。

　　該局主席丹斯裏三蘇丁奧斯曼表示，有必要了解這些公司的類型和風險回報，以確保任何投資皆為存款者提供良好的回報。“目前，我們在投資方面非常保守。當然，我們可能會在未來放眼一些科技公司股票。但是，在我們看來，關注的是我們的貢獻者能否從投資中獲得較大的賺益。”

　　他告訴傳媒：“我們一直非常小心地投資，因為公積金局是全國所有僱員中最大的基金，而且我們也非常關注他們的錢財。”

　　與此同時，策略部門副主席東姑阿里扎克裏稱：“如果這些科技股能夠給予可觀的回報，那麼我們將會考慮投資。”

　　“我們還在研究那些將在未來20至30年內仍然存在的公司，以確保貢獻者的儲蓄將會得到保護。”

　　他補充：因此，公積金局在投資任何股票或公司時要分外小心，並且還考慮到風險狀況。

　　仍未決定是否投資大馬城

　　另一方面，僱員公積金局首席執行員拿督沙裏爾说：“我們還沒有決定是否投資在大馬城。” 他稱：“尚未有人接觸我們，至今我們也沒有看到該項目的發展計劃。” 沙裏爾在一項大會致閉幕詞后，受詢時這麼回應。

　　另一方面，他表示，公積金局將會繼續投資在本地基本建設工程，因為這屬於該局的核心投資領域。 沙裏爾透露：“我們向來都是政府基建工程的最大支持者，而且也是如發電廠、大道和捷運等基建工程的單一最大貸款商。”

2元内買入的最后机会干8月份。

.http://www.sinchew.com.my/node/1667524

Mmsv 50% 的营收來自智能手机領域，因此可受惠。

http://finance.sina.com/bg/usstock/sinacn/20170803/02351633376.html

Mmsv 从事生产，硏发，测试 Led 与半导体工业自动化设備器材， 从2017年首季(1,2,3月)中的营业额1490万，有303万是出口到美国，市场约佔 20.3%,因此確定受惠。其他为大马市场貢献717万，佔48.1%,亚洲(不包括大马)出口额469万，佔31.4%

THE BULL MARKET’S GROWTH PROBLEM

https://www.wsj.com/articles/the-bull-markets-growth-problem-1501172322
WALL STREET JOURNAL
Justin Lahart

Stocks are hitting records and valuations are at 15-year highs, both signs of confidence. But a closer look at what is driving the rally shows that the eight-year bull market may be nearing its end.

The current earnings season makes it clear that investors are paying up for companies that are generating strong growth in earnings and revenues and ignoring or selling stocks where growth is anything less than stellar. In the past, that was a sign that the stock market rally, and the economic expansion, were in their final stages.

The quest for growth is epitomized by the stock gains in Amazon.com , Apple, Google parent Alphabet and Facebook . The S&P 500 Growth index has returned 17.1% this year. In contrast, the S&P 500 Value index, which includes stocks with lower P/E, price-to-sales and price-to-book ratios, has returned 6%. Nor is this just about investors’ infatuation with the S&P’s Gang of Four —growth’s outperformance extends to the shares of midsize and small companies.

The narrow preference for growth may be a sign that we are in the late stages of the economic cycle, points out Société Générale quantitative strategist Andrew Lapthorne.

Late in economic expansions, earnings growth slows and profit margins narrow. That puts a premium on companies that are able to keep generating growth. Indeed, in the latter stages of the both the bull market that ended in 2007 and the one that ended in 2000, growth stocks outperformed.

A similar dynamic may be in place now. At this stage in the current earnings season, it looks as if profits at companies in the S&P 500 rose 9.9% in the second quarter from a year earlier, according to Thomson Reuters I/B/E/S, down from a gain of 15.3% in the first quarter. And by one measure—domestic after-tax profits as a share of gross domestic product—U.S. profit margins peaked over two years ago.

Investors have become ruthless with companies that aren’t growing fast enough. On Thursday, Whirlpool fell 7.2% and F5 Networks fell 7.4% after their growth rates failed to satisfy investors.

Even if we are in the last stage of the economic cycle, it is impossible to know how long that stage will last. Growth stocks had only a brief period of outperformance in 2007 before the financial crisis. But fast-growing companies led the market for three years during the tech bubble. The rally in growth stocks will probably end badly, but it also may only have just begun.

Berkshire cheers.

X
3至5年税后净利2000万，最新财政年至少要有600万净利，公众持股率须要25%,单一股東持股率不可超过75%,公司己符合转主板條件，春天不远了。

@趋势向上.
http://kongsenger.blogspot.my/2017/08/0113-mmsv-mms-rm177.html

--等mmsv 0113 转主板与红股,会吸引资金进入,rm1.77是不高,你看回之前的 jhm,vitrox,elsoft,penta,inari,mpi,kesm,unisem就会知,
这些股一些分了又起.Mmsv 要前进之路还很远，
--公司于31-3-2017的定存与現金有2021万,无借款,每股净现金达12.39仙
库存价值达1044万.
--2017首季EPS=2.55SEN,净利410万,营业数为1490万,赚副达27.5%,为历史高位,
公司Roe 达31,87是隆市中少见，前景光明。
估计全年EPS=12SEN,PE=20，股价=RM2.40
--Mmsv： 0113 短期2元，長期3元，公司基本面佷好，业务处成長趋势，净利增長中，
配合公司本身企业目的，技术面也处向上走势，買入与守住为良策。
浅见.投资自负。

Lionind 4235 金狮工业 估计Q4 的eps=3分出，现累积3个季度eps=14.87 ,因此2017年6月止全年eps=18 sen,pe=8,stock price=rm1.44 ,目前股价rm1.15 ，只是pe=6.38倍在交易明显被低估了，純为个人看法，買賣自負。

4235 rm1,13 buy in

Mmsv gogo today

Ksl,Berkshire thanks

Nekosan ,是的，我跟隨kenanga 投行步行，从来没想过自已什么高手，大師，哈哈！投资是自己的钱，选择，对自己负责就好了。

对于那些过去跟进的股友,不管赚或亏这里说声抱歉,请留意任何的分享,都有注明:
个人观点与功课,買賣自负.或进出自负.

emil thanks

EPs=5sen at Q2

套好安全带，随时另一仑的开跑。

Monday, 5 June 2017
Chip test equipment makers remain bullish
BY DAVID TAN


They are optimistic of further growth in next three quarters

GEORGE TOWN: After five quarters of growth since early 2016, semiconductor test equipment manufacturers in Malaysia are still optimistic of further growth in the next three quarters of 2017.

Both Pentamaster Corp Bhd and MMS Ventures Bhd are projecting a strong increase in their orders from the automotive sector this year.

Pentamaster executive chairman C.B. Chuah told StarBiz that “the automotive semiconductor market is expected to reach US$48.78bil by 2022, at a compounded annual growth rate (CAGR) of 5.8% between 2016 and 2022.

“This is due to the increasing use of electronic systems in vehicles to enhance the performance of safety and multimedia functions.”

For the second half of the year, Chuah expects orders from the automotive industry to rise higher between 30% and 35% of the group’s test equipment sales compared with 20% and 30% in the same period last year.

The segment with the most sales in the first half of 2017 is the smart mobile device sector, which takes up about 80% of the orders for Pentamaster’s test equipment.

“We expect growth in the third and fourth quarters of 2017, as we can see orders for the second half coming in right now.

“Although the second quarter has yet to close, we can expect improved results over last year’s same period and over the first quarter of 2017,” added Chuah.

He said Pentamaster was aiming for a double-digit percentage growth in 2017.

“We are delivering about 120 units of semiconductor test equipment with a market value estimated at US$48mil to the smart device and automotive industries in 2017 compared to about 80 units a year ago,” added Chuah.

Pentamaster posted RM26.6mil in net profit on the back of a RM151mil turnover in 2016 compared with the RM11.9mil and RM83.6mil achieved in 2015.

On the prospects of the semiconductor test equipment market in 2018, Chuah said the growth trend should continue to be driven by demand for sensors used in the smart electronic features of cars.

“However, demand from smart mobile devices is expected to grow moderately in 2018,” he added.

Meanwhile, MMS Ventures managing director T. K. Sia said orders from the automotive sector would dominate in the third and fourth quarters of this year.

“So far, about 50% to 60% of our test equipment is for the smart mobile sector, while the automotive and general lighting segments absorb the remainder.

“In the second half, the orders from the automotive sector should take the lead,” he added.

MMS Ventures expects test equipment sales to improve by a double-digit percentage in the second quarter, which closes June 30, over the preceding quarter.

“So far, we have delivered some 50 units test equipment to our customers in the United States, Japan and other parts of the Asia-Pacific region.

“We still have 20 more units to ship out before the end of June. The group will deliver another 30 to 40 test equipments in the second half of the year.

“We expect a strong double-digit percentage growth in 2017 over 2016,” added Sia.

The selling price of test equipment is around US$100,000 to US$220,000 per unit, and has remained stable for the past two years due to competition.

Moving forward, MMS Ventures expects moderate growth in 2018 for the test equipment sector, said Sia.

According to MarketsandMarkets, a leading international market research firm, the smart sensor market is expected to grow from US$18.58bil in 2015 to US$57.77bil by 2022, at a CAGR of 18.1% between 2016 and 2022.

It said that in terms of unit shipments, the global smart sensor market is estimated to grow at a double-digit growth rate between 2016 and 2022.

“In the current market scenario, there is a growing demand for smart sensors in the consumer electronics, automotive and healthcare industries, and in some industrial sectors such as textile, material manufacturing, and food and beverage, among others.

“This is attributed to the increasing demand for sensing technologies among various sectors and the growing vehicle production in economies such as Japan, China, the US and India,” said the report.

TAGS / KEYWORDS:
Automotive , semiconductor

http://klse.i3investor.com/m/blog/candlestick/128598.jsp

http://www.thestar.com.my/business/business-news/2017/03/13/mmsv-eyes-doubledigit-growth/

MMS Ventures eyes Main Board transfer in 2H
Ben Shane Lim
/
The Edge Malaysia

March 29, 2017 17:00 pm MYT
-A+A
This article first appeared in The Edge Malaysia Weekly, on March 20 - 26, 2017.


AMID the rally in semiconductor stocks, MMS Ventures Bhd (MMSV) has largely gone unnoticed due to its listing on the ACE Market. Many large funds simply do not have the mandate to take positions in ACE Market stocks.

Even with a 27% rally in its share price over the past two weeks to 75 sen per share last Thursday, MMSV is valued at only 12.6 times earnings. In contrast, larger semiconductor stocks like Globetronics Technology Bhd and Inari Amertron Bhd are valued at 52.8 times earnings and 21.65 times earnings respectively.

But MMSV may soon shed its ACE Market discount.

“We hit the net profit requirement back in 2015. We only need three years cumulative net profit of RM20 million to qualify for a promotion to the Main Board. It is something that we are planning. If all goes well, we might be on the Main Board by the third or fourth quarter,” says chairman and managing director Sia Teik Keat, adding that the final decision lies with the Securities Commission Malaysia.

With a cumulative net profit of RM33.08 million over the past four years, MMSV should not have a hard time securing SC’s approval.

Furthermore, Sia expects MMSV’s 1H2017 net profit performance to further build a case for promotion to the Main Board.

“Barring any unforeseen circumstances, we anticipate that earnings will be at least 20% higher in the first half,” he says.

MMSV booked a 13.7% year-on-year increase in revenue to RM35.6 million for the financial year ended Dec 31, 2016. Meanwhile, net profits rose by 17.8% y-o-y in the same period to RM9.52 million.

A 20% increase in net profits for FY2017 would translate into an earnings per share of 7.1 sen. In turn, that values the company at only 10.5 times forward earnings.

Sia is able to speak confidently about earnings prospects because the project-based nature of the group’s core operations offers earnings visibility.

MMSV produces testing and inspection equipment for LEDs, specifically, for smart devices, the automotive industry and general lighting as well. The inspection equipment has to be ordered by LED manufacturers ahead of a new product cycle.

New features are expected in this year’s line-up of smartphones — expecially Apple’s 10th anniversary iPhone 8 — that will act as a catalyst for semiconductor companies such as MMSV.

This year, Sia says orders from new customers as well as MMSV’s diversification into wafer inspection equipment will drive earnings growth.

“We managed to secure some new clients for our visual inspection equipment this year. On top of that, our wafer inspection is still on a low base. We have only received orders for the first few units; we expect this segment to grow,” he explains.

Sia says MMSV diversified last year into inspection machines for the LEDs semiconductor wafers — thin slices of crystalline semiconductor material.

“The degree of difficulty for wafer inspection is much higher. It is a high value machine that commands higher margins. It also has less competition.”

The group’s venture into wafer inspection is a direct result of research and development investment over the years, he adds. For now, MMSV has secured two customers for the wafer inspection machines, but expects the business to grow because the platform for the machines is relatively universal.

The main driver of MMSV’s earnings however, will continue to be the visual and inspection equipment for LEDs.

“One of our key products are visual inspection machines to inspect lenses for the flash in smart devices. Our clients include the top four LED makers in the world,” says Sia.

Currently, the smart devices segment makes up about 40% of profits. Automotive makes up about 25% while 10% comes from general lighting.

Going ahead, however, Sia anticipates more sales in MMSV’s smart devices segment that will increase its contribution to profits to 55%.

“Our automotive segment has a lower volume, but much higher margins. This is because automakers have longer product cycles and tight tolerances for quality. Smart devices have much higher volume, because phone makers are constantly launching new products. However, it is also more competitive, so margins are a little lower,” he notes.

Sia claims MMSV’s technology is on a par with its Taiwanese peers. However, MMSV boasts a cost advantage, with a substantial portion denominated in ringgit. Meanwhile, the bulk of MMSV’s earnings are in US dollars.

“We have been doing this for about 20 years and have a strong pool of technical expertise. Japan, for example, is ahead of us. But they are more expensive as well,” he says.

Between higher profits and the possibility of a Main Board listing, MMSV will certainly be an interesting stock to watch this year. However, it is also interesting to note that beyond the improved profile, the company does no

公司基本面佷好，业务处成長趋势，净利增長中，配合公司本身企业目的，技术面也处向上走势，買入与守住为良策，供参考。

Mmsv. 0113 短期2元，長期3元，供参考。

http://wealth.businessweekly.com.tw/m/GArticle.aspx?id=ARTL000090644

是的。

只是个人的記载，買賣隨意。

mmsv可受惠其中。
LEDinside: 車用LED市場需求帶動2017-2021 全球LED市場產值
2017-03-13
2017年的LED產業受惠於LED市場價格止穩，加上車用照明領域的快速成長，LEDinside預估2017年的車用LED產值達到28.17 億美金 (+14.8% YoY)。相對而言2015年至2021年，整體LED產業的年複合成長率僅3%的成長幅度。LED產業的幾項主流應用包括手機應用，中大尺寸面板背光等應用，將因OLED的崛起而逐年下滑。至於LED照明雖然已經是LED產業的最大宗應用，但由於滲透率飽和以及競爭者眾，使得整體產值出現成長趨緩的狀態。但由於各家LED廠商紛紛投入汽車照明，以及小間距顯示屏領域，因此整體的市場仍呈現增長態勢。

LEDinside 分析車用市場主要成長動能:

一、中國車市持續成長

整體車市受到國際政治板塊不確定性影響，以及對於未來經濟走勢悲觀的心理預期，2016年整體新車銷售量僅微幅增加。然而從個別區域來看，北美乘用車銷售出現下滑情形，石油减産的效益並未能刺激新車銷售量；歐洲地區也因為英國脫離產生的不確定性，讓市場買氣縮手；亞洲市場表現亮眼，中國一線城市雖然持續推出限購令，但受到中國國內産業升級的影響，成長幅度已不如過去

二、頭燈與霧燈導入滲透率提升
頭燈與霧燈市場依然是最主要高功率LED成長動力來源，再加上亮度與門檻都較高，滲透率基期也較低，預估頭燈與霧燈滲透率分別為12%與16%，2015~2020年的產值年複合成長率將達到18%與15%，在各種車外應用上，排名在前兩名，未來後勢看好

三、產品設計提升車用LED市場需求

因應導光板在尾燈的導入比例拉高，因此提高LED在尾燈總成的使用顆數。隨著車輛智慧化與多媒體的功能逐漸增加，包括車內智能後視鏡等功能的導入，可减少死角的問題並提升駕駛安全性，未來兩年將有機會列入車輛標準配備，增加車用鏡頭與面板的使用量，可預期的未來五年內，車用面板依舊是車內成長最爲快速的應用，預估2021年產值將迅猛增長達到1.73億美金 (2016~2021 CAGR:26%)


四、保險市場改善提升售後市場品質

隨著美國保險市場對於供應多元化的要求增加，使得過去以CAPA獨大的局面逐漸被打破，NSF也逐漸拓展美國市場滲透率，使得後裝市場更加熱絡，對於成本控管的要求也逐漸反映在供應鏈。
http://www.ledinside.com.tw/research/20170313-33922.html

2017首季EPS=2.55SEN,净利410万,营业数为1490万,赚副达27.5%,为历史高位,
估计全年EPS=12SEN,PE=20，股价=RM2.40
公司Roe 达31,87是隆市中少见，前景光明。

Chelsea. Good share ,thanks

http://www.cnbc.com/2017/07/21/valeo-earnings-q2-2017.html
Mmsv ：生产，硏发，测试Led(发光二极管)与半导体自动化器材，公司出口市塲包括美国，欧洲，亞洲，大马，因此可受惠其中。

Jhm,vitrox,elsolf,@都分红股了，虽还会上但相对动力小，看好mmsv 0113配合转主板，业积持续增長下，其股价动力十足，rm2 己是肯定的了。