All talk about shark buying low. I hear the same about AirAsia when it was 0.8x

In the end, actually was shark running away rather than buying low.

Hmm whats going on ? Why the sudden jump

Very dependent on moving forward will intel outsourced test and assembly to TSMC or other osat players. If yes, many test ecosystem in Penang will be affected. Eg penta, greatect, uwc and more.

Need to see intel overall direction. For now seemed like intel is losing to tsmc and samsung in terms of fab manufacturing capibility.

Intel might need to outsource their productions to tsmc for upcoming gen chips. So much pressure for intel to go fabless, this will be bad for Penang Tech if it happen.

https://www.marketwatch.com/story/intel-stock-savaged-as-next-gen-chip-delay-prompts-loss-of-confidence-from-wall-street-2020-07-24

Intel next gen chip delayed. Wonder will have any impact on UWC order book replenishment or not

https://www.marketwatch.com/story/intel-rides-strong-server-pc-sales-to-earnings-beat-and-forecasts-more-but-stock-still-falls-2020-07-23

Buffett already dump airline for certain reason. If you pick it up now must be genius or just pure gambling

Off market transaction usually won't create direct retracement ya. Unless the new holder decided to immediately offload onto the market. If this is an operator move, usually they will create demand for this stock and slowly offload it throughout the process as retail demand take it off their hand. If the offmarket disposal is to a long term share holder and not operator, it will be almost the same like the director holding it and never disposed at all.

Operator share swap i guess. This stock daily trading volume is low, but there is always sudden spike. Operator is creating a market for it, else no way for big shareholder to realize gain without severely affecting the price due to low average volume during disposal.

2 main executive director with majority share. This is the first time they disposed since IPO if not mistaken

@eatcoconut woah insider worrr. For those that interested in UWC, you need to follow intel + agilent closely imo. It's like the Inari - Broadcom relationships.

@gala is wrong info. Profit maybe 10mil only or maybe less, althought got 10+mil from investment disposal, but main group still bleeding money from operations loss in main business. Lucky they disposed if not qr will be super ugly.

@nike Agilent earning calls

"A combination of these factors could result in our revenues being down between 5% and 15% on a core basis."

https://www.fool.com/earnings/call-transcripts/2020/05/22/agilent-technologies-inc-a-q2-2020-earnings-call-t.aspx

People sell out cause of apple moving away from intel + news of slower quarter growth in some of UWC existing customer based on their latest earning forecast. That is what happening i guess.

Disposal is done via Chin Hin Group berhad. 20M shares @ 1.20 each, only 1 transactions, but many announcement cause many directors and company in Chin Hin group. They disposed to realized investment gain for Chin Hin group of companies.

This is a company with 300m market cap holding 28% of another 500m market cap share. So basically quite a value buy if you take their investment holding into considerations. That's why director is accumulating

Chin Hin just disposed 5% of solarvest @ RM1.2 / share. They still got balance 28% in solarvest.

- 50+% sales denominated in USD √
- Largest customer deal in data centers, servers, life science, diagnostic & chemical equipment √
- Consistent YoY / QoQ revenue and profit growth √
- Strong Cash position √
- Produces medical equipment related to covid19 as well √

Really is best combination during this crisis. Tech & Medical

unbelievable top line & bottom line beat during covid19. QoQ & YoY. This one is a real diamond

You see KESM result so bad. Abit scary, they also ending April 30th QR

This coming QR is Feb - March - Apr 20 performance. With March and April operating at only 50%, and the world on lockdown. Will need to watch closely this QR

Peter, wah how you know ? Double YoY profit during MCO ? True or not O.o

Quarter result ? Bloody again i guess

intel is 70% of sales. If really is another contract this could be huge. Also Intel is king of data centres, i hope covid19 treat them well. Please use more fb, twitter, google, even i3 :D

This stock keep forming new higher support / bottom every week since the last panic sell. Those bought and sold hoping to buy back cheaper must be kicking themselves now.

Uwc doing medical related tech and component. Thats why allowed to operate. Due to this, they might gain an advantage over their other competitors which cannot open

Not many realize uwc produce health care diagnostic and testing equipment i guess.

GG MYR, its going to be a big budget deficit. But good for UWC which has around 50% sales denominated in USD.

6 months moratorium is good for this counter if they applied for it. As one of their largest expenses is finance charges

Long term prospect is intact. Short term wise it might be carry higher or lower based on global news and sentiments. Trade with care

also expected cheaper raw material price. Steel & Aluminium price expected to go down. 30% of their input cost are those two item.

- 50+% sales denominated in USD √
- Largest customer deal in life science, diagnostic & chemical equipment √
- Consistent YoY / QoQ revenue and profit growth √
- Strong Cash position √

Overall a good buy. See external market will create more buying opportunity or not

This rebound can thank Msian gov for being flexible. UWC has good order book, if no shutdown required meaning some of UWC client will divert even more order for them to fulfill during this period. As other competitor / other country sub-con may need to shutdown.

so far i heard is UWC has gotten approval from MITI to continue operation. Not sure they are under EE or medical category.

Is manufacturing back online for penang site ? Malaysia boleh....

Next quarter going to be even better with much weaker Ringgit against USD

Uncle sam is sick *cough* *cough* , he sneeze everyone hold their breath haha

@york for the fcf is it due to they use it to clear of debt obligation ? I see its balance sheet almost zero long term borrowings

Finally true value for this counter is reach. This stock can go long if you like.

Almost zero debt, cash flow positive. Exposure to medical and lab testing equipment as well as 5g technology. Clients are stable MNC so possible to benefit from weak MYR.

Not sure whether gov confirmation on the go ahead for East Coast Rail Link (ECRL), Mass Rapid Transit Line 2 (MRT2) would benefit or not. But at least we got confirmation PN will go ahead with infrastructure investment in the country.

Solar panel price hike and higher usd rate will negatively impact solarvest. A disruption in supply chain could also mean they will have issue obtaining solar panel

wow bad quarter result. All down, revenue down, profit down. Only thing up is a better cash position

Today stock that has exposure to external market, eg tech stock that support global MNC are getting hit hard.

This is due to the MNC themselves such as Apple, Microsoft, Intel has lowered guidance due to covid19 outbreak.

@ruby nowadays most trader/investor no longer looked into the company business or its fundamental like what you did. People wanna earn quick buck, all speculate on feel good story. As you can see blue chip is down but mid and small cap is up by quite alot this year.

I believe cause many had not experience a crash or for the experience one they have forgotten what a crash feel like. Low interest rate and high liquidity is creating euphoria in the mid/small cap.sector. Also a lot of newbie that never got burn before.

What ruby said is right. Results dont lie.

Oh boy, suncon and both malayan cement revenue is down. Meaning most likely Chin Hin revenue will also be down.

Also increase in cement price actually has negative effect on Chin Hin as they deals in concrete and the main raw material is cement. An increase in cement price will mean increase in cost and impact towards bottom line.

Most likely this year result is not good. The optimistic part is that most construction counter see better result FY2020 as infra spending resume and possible stimulus action by gov.

Looking forward to see stabilization in earnings from core activities while positive growth contribution from solar associate and possible spill over effect from government soon to announce stimulus package. Resumption on infra spending at west malaysia could also benefit them.

Expected top line and bottom line growth in this qr report. Company is solid, but still valuation might be too ahead of the growth

Different chin hin counter. That is their property group aka last time Boon Koon. That one also pretty undervalued. Future eps should be better once income from prop dev come online

Ruby is on point. But as usual people buy on hype and future growth prospect. Still over valued imo.

Dont know. But its well diversified. So even construction is down now still got income from their manufacturing export business and solar associates.

Expect better earning forward once construction sector recover