Agreed Jack. Still well supported. Ringgit hits a new low 4.43 due to crashing oil prices. May continue heading lower for qtrs to come because the Fed Reserve is just starting to raise interest rates which is still near to zero after the latest rise in Dec 15. Rising interest rate regime in USA has still got a long way to go and in the process supporting the Dollar and benefiting Mpi. Tq.

Ignore Sin Chew report on Mpi downgrade tomorrow because there is no mention of IOT and automotive growth sectors of the company. Anyway you decide.

MYR/USD 4.39. Crude oil futures drops below US36 currently.

无可奉告

Besides smartphone chips which is stabilising the automotive and IOT segments are kicking in rapidly for sustained growth. Exciting times ahead.

Chairman Quek might want to relinquish his portfolio in Ipoh to attend to his vast business empire in Singapore.

Rise so much today. Early signal of M&A?

I think both unisem and mpi qualify for a simple prospective PE valuation. Unisem's prospective eps is abt 18 sen while mpi's is abt 110 sen. Unisem is worth a PE ratio of 12 while Mpi, due to its brand name, should be worth a PE ratio of abt 15. Based on the above figures unisem should have a fair value of abt RM2.16 while Mpi's fair value shd be abt RM16.50. This is my calculation. You decide. You can check all the other measurements such as cash flow, ROE etc then please tell me politely if I'm wrong. Thank you.

CCPuan do you want to exit at 25.5 sen?

Of course the short term price movements still apply. Tq.

At the current price the prospective PE ratio is around 9. Median PE for tech sector in upcycle is 13. This is my view. You decide.

And the phoenix takes to flight.

Sorry "barring" not "baring".

Medium term tp is RM13. By June 16, baring the unforseen.

After a long rest the phoenix has not only risen from the ashes some two years ago but has now taken to flight again! It won't be a short flight folks. Do take note of the latest developments in the company.

MPI 1st qtr very good profit: eps 24.7 sen. Dividend 8 sen. Revenue increased almost 18% y-o-y to 386.6 million. Can still hold on to shares. Cheers.

Possible M&A. More likely being acquired by foreign group.

Go 9.50 first.

bsngpg thank you for the new report on semicon prospects.

Hi Bursamaster you missed a gem: Huat Lai. What a .....