He also missed out this part:

"Still, Apple says that its December quarter will be the company’s largest in terms of revenue in its history"

Long term glove is still in demand.

Short term may face lower demand due to surge in capacity of supplies globally.

In the meanwhile, enjoy the high dividend % for another 1-2 quarters.

@NatsukoMishima

Genetec Q2, has PAT margin of 27% over the revenue generated.

It's quite good.

@NatsukoMishima

Without revenue, there is no profit. Unless the company generates from sale of investments eg: property,land,shares,etc

Both are equally important.

@007007

Agreed.

Invest based on fundamentals and based on your own ideal PE.
At PE=50 can be high to certain people, but it can be low for others.

However, IB has their own set of PE for each industry the cover, can make use as reference only.

Q1 Earnings recovered. Looks much better than last few quarters.

@OnTime

I don't think Inari has any labour issues as indicated by the revenue from 2020-2021.

You can make comparison with those affected. There's some indication in topline and bottomline.

@EVO118

I recall a news report on the Head of Mavcomm earning Rm150k- RM170k per MONTH. Wonder what is his job description that justify his extremely high income.

Agreed that there is something fishy going on in organization.

https://www.thesundaily.my/archive/mavcom-heads-salary-not-highest-LUARCH552684

@MYthenightmare

It's a slow and steady growing company.

Easily provide 5% dividend annually.

But if you compared it since 2011, it still managed capital gain of more than 30% annually.

The company should be raising more funds via private placement or rights issue to boost capacity.

@Abrahmi

No bursa announcement.

Where is your source?

Yup.

Dividend likely in March/Apr/May via with Dividend Re-Investment Plan

@gohkimhock

It's not possible to fill such a big gap left by Dyson overnight.

Each contract needs time for POC and then prototyping and follow by mass production.

Besides that, ATA needs time to rectify and comply it's corporate sustainability.

Easily 1-2 years is possible.

@TheContrarian

Share link to the news.

Silterra contribute RM148 mil or USD36 mil for the quarter.

Thus annual revenue estimated RM600 mil or USD142 mil..

A very small foundry as compared to SMIC which is 4th largest in the world generates USD1.4 bil for Q3.

@Newbie_2288

Got good news and takeaway from the AGM yesterday.

In my opinion, this rally won't sustain as vaccine is available though is not a cure. Many disease today still no cure eg: cancer, heart attack, ezcema, even common flu.

Previous glove rally was due to high glove demand, high ASP, no vaccine at that time.

Besides that, now we notice many US and Europe countries citizen not even wearing masks.

Don't even mention glove.

@Gley

But VS contract didn't represent 80% of the annual revenue.

@Posted by newbie5354_

Normally got by batches and depends on management to decide.

But exercise can be anytime.

What you see in Bursa announcement is when staff exercise their ESOS within the stipulated period.

@Markv572421

I previously work in a local bank with ESOS many years ago.

Depending on the management allocation, normally ESOS price is significantly lower than the market price.

@MoneyMakers

Can't blame them.

It's not everyday their stock that they had been holding became GOLD in a pandemic of this magnitude.

But truly those who had been holding decades who not really be affected as their average price would be a lot lower.

Wow, Dyson contract represent 80% of the annual revenue.

The company should be proactive in making sure no customer represents more than 30%.

A grave mistake by the senior management

@I_like_dividend

What do you mean?

ESOS is for Inari employees as reward.

I think none of us here are employee so we do not discuss ESOS.

@007007

Can share the invitation and link to the call?

Supply chain issue is starting to affect D&O as well.

@NatsukoMishima

What policy?

Please share details.

It's better to wait for the quarter result for EMS players like VS, SKPres, UWC, Kobay,etc before you decide to buy in any of them.

@Myeye

What do you think about IHH or Sunway?

@bang_miskin

Agreed.

I doubt that it will reach RM4 as it looks stabilise and negative news eg: drop in ASP and global demand already factored in

Unless there is external shock from overseas market or political issues in the country or even Covid spreading in Harta factory.

Why the gov can't replicate what MYEG is doing?

There's not much high tech system being deployed.

No special app for car tax renewal or AI system for renewal of foreign worker permit.

Labour shortage is really a downfall for most companies.

Ever since, 1st MCO started, companies- that invested automation pre-pandemic would benefits from it.

Likely other EMS may also be affected from this acute labour shortage.

Hopefully, in the future they can build some factories in selangor which are closer to airport for export market rather than in melaka.

@staypositive

I doubt so.

Their focus likely in car entertainment aka ICE that will go seamless with iphone and apple watch.

Building cars are a totally different segment all together.

Mr Foo selling his ESOS share. It's normal.

Dato Thong selling his bonus issue shares. Rarely will happen for this one.

Actually, not all companies 110 companies mentioned are affected.
Some companies have pioneer status on tax while others have tax allowance on capex spending for digitalised their biz.
Besides that, there are many tax incentives in many areas where companies can explore. Some companies may choose also to reduce profitability by taking 2022 as a year on greater investment or capex spending elsewhere.

I guess Stanley Choi didn't expect so many fund raising after his entry.

With crude oil above USD80 pbl, he will need to either double up or side bet on AA.

@OldWiseMan100

In other words, have to rely FULLY and trust the ex-KLK guy and his teams to run it.

I think this dilemma comes in wther Emery Oleo is a good investment.
Sime Darby was instrumental in running the biz where sime darby is a specialist in palm plantation and semi finished oleo chemical products. But Emery didn't do well and still making losses.
Of course, then comes MFCB without any experience and knowledge taking risk in jump starting and planning to turn around Emery looks far fetch.
If they do well, it can be profitable, otherwise it would be a drag to MFCB.

Maybe we should setup a public investment group and accumulate 30% of the company's share and appoint a representative.

Then can have some influence at management level.

@fortheemprah

Give you more opportunity to buy lower.

@MoneyMakers

Let's see if your simple theory proves correct by end of this year.


Posted by MoneyMakers > Nov 17, 2021 1:09 PM | Report Abuse

Prepandemic ASP = prepandemic profit = prepandemic share price (65sen)..simple

Waiting for quarter result to be release by this month to know more.

Anyway, bonus issue should concluded by dec 2021. Reward for all holding for so long since last bonus issue was in 2017.

CTOS is back online.

https://www.klsescreener.com/v2/announcements/view/3457861

Hopefully, next quarter result, management will provide some updates on the China OSAT expansion focusing on high margin items eg:IC design, optoelectronic related to automotive, etc

@yorkyork

Will wait for latest quarter result on Nov30 to see whether it's in the black.

What price you got in?

@MoneyMakers

I doubt that supermax can back to it's pre-pandemic price of 65 cent.

If it does , it will be good steal.

Pre-pandemic, the production capacity is only 21bil pcs with ASP=USD20 per 1000.

Currently as at september 2021, production capacity is already 30bil pcs with ASP=USD38 per 1000.

@yorkyork

But global foundries still making losses despite semicon demand surge since 2020.

I think the management has issues.

Next thurs is Inari AGM.

Hope to get some future direction and company's OSAT planning in China.

@richardsharing

Yup,very much agreed.

This is Inari thread.

If Insas is a good counter, it would do well without much advertising.