Today's semiconductor stocks
Unisem + 2,16%
Vitrov +4.76%
Inari +3.04%
Pentamaster +10.05%
MMSV + 2,54%
MPI + 1.49%
Elsoft + 3.48%
Visdynamics +7.69%
Inai + 3.04%
Kesm -0.67%

The use of friendships indicates a win-win game. If the US wins, and China loses, they will not be friends anymore. Haha

Tech stocks are likely to rebound this week!

Tech stocks are likely to rebound this week. Start buying Kesm on Monday!

Fed’s Bullard sees no reason to hike interest rates further
https://www.marketwatch.com/story/feds-bullard-sees-no-reason-to-hike-interest-rates-further-2018-04-04

A trade war will not happen. Bet on it. Expect a rally.

This trade war will not happen. Bet on it. Expect a rally

Fed’s Bullard sees no reason to hike interest rates further
https://www.marketwatch.com/story/feds-bullard-sees-no-reason-to-hike-interest-rates-further-2018-04-04

Haha

China's response is a surprise for some people," said Julian Evans-Pritchard, senior China economist at Capital Economics, noting that neither said had yet called for enforcement of the tariffs.

"It's more of a game of brinkmanship, making it clear what the cost would be, in the hopes that both sides can come to agreement and none of these tariffs will come into force," he said.

Beijing's list of 25 percent additional tariffs on U.S. goods covers 106 items with a trade value matching the $50 billion targeted on Washington's list, China's commerce and finance ministries said. The effective date depends on when the U.S. action takes effect.

Don't run away too fast.

WASHINGTON (Reuters) - U.S. Commerce Secretary Wilbur Ross said on Wednesday he expects trade actions between the United States and China will likely lead to a negotiated deal, but that it was unclear whether such talks would happen by the end of May or later.

"It wouldn't be surprising at all if the net outcome of all this is some sort of a negotiation," Ross said in an interview with CNBC. "It's very difficult to put a specific time denomination on negotiations that are as complex as these."

WASHINGTON (Reuters) - U.S. Commerce Secretary Wilbur Ross said on Wednesday he expects trade actions between the United States and China will likely lead to a negotiated deal, but that it was unclear whether such talks would happen by the end of May or later.

"It wouldn't be surprising at all if the net outcome of all this is some sort of a negotiation," Ross said in an interview with CNBC. "It's very difficult to put a specific time denomination on negotiations that are as complex as these."
https://money.usnews.com/investing/news/articles/2018-04-04/ross-says-us-china-trade-actions-likely-to-be-negotiated-cnbc

It's just a game...

China's response is a surprise for some people," said Julian Evans-Pritchard, senior China economist at Capital Economics, noting that neither said had yet called for enforcement of the tariffs.

"It's more of a game of brinkmanship, making it clear what the cost would be, in the hopes that both sides can come to agreement and none of these tariffs will come into force," he said.

Beijing's list of 25 percent additional tariffs on U.S. goods covers 106 items with a trade value matching the $50 billion targeted on Washington's list, China's commerce and finance ministries said. The effective date depends on when the U.S. action takes effect.

It's just a game.

https://www.nbcnews.com/news/china/china-slaps-tariffs-50-billion-u-s-goods-trade-dispute-n862611
China's response is a surprise for some people," said Julian Evans-Pritchard, senior China economist at Capital Economics, noting that neither said had yet called for enforcement of the tariffs.

"It's more of a game of brinkmanship, making it clear what the cost would be, in the hopes that both sides can come to agreement and none of these tariffs will come into force," he said.

Beijing's list of 25 percent additional tariffs on U.S. goods covers 106 items with a trade value matching the $50 billion targeted on Washington's list, China's commerce and finance ministries said. The effective date depends on when the U.S. action takes effect.

PHLX semiconductor index was up 1.96% yesterday. Kesm has been oversold. It was down almost 20% for a month. Buy!

TP 21.80
https://klse.i3investor.com/blogs/hwangdbs/151114.jsp

https://www.cnbc.com/2018/04/02/top-market-strategist-us-china-trade-war-is-a-very-low-probability.html
US-China trade war is a 'very low probability,' says top market strategist

Its P/E is quite low. You can start buying the stock now.Its outlook is still very good.

Steel stocks rise on Chinese rebar price gains
http://www.theedgemarkets.com/article/steel-stocks-rise-chinese-rebar-price-gains

US-China trade war is a 'very low probability,' says top market strategist

https://www.cnbc.com/2018/04/02/top-market-strategist-us-china-trade-war-is-a-very-low-probability.html

US-China trade war is a 'very low probability,' says top market strategist https://www.cnbc.com/2018/04/02/top-market-strategist-us-china-trade-war-is-a-very-low-probability.html

Emerging Markets Get Thumbs Up After Staring Down Tough Quarter
https://www.bloomberg.com/news/articles/2018-04-01/emerging-markets-get-thumbs-up-after-staring-down-tough-quarter

China March Factory Gauge Rebounds as Export Demand Recovers
https://www.bloomberg.com/news/articles/2018-03-31/china-factory-gauge-jumps-in-march-services-remain-robust

China March Factory Gauge Rebounds as Export Demand Recovers
https://www.bloomberg.com/news/articles/2018-03-31/china-factory-gauge-jumps-in-march-services-remain-robust

http://klse.i3investor.com/servlets/ptg/0097.jsp

TP:5.85

According to Reuters

Price to Book (MRQ)

0.64 (Kobay)
3.19 (industry)
2.93 (sector)
https://www.reuters.com/finance/stocks/financial-highlights/KOBA.KL

The price-to-book ratio of the stock is 0.629.

CHINA REBAR: Domestic prices rise on futures gains
China’s domestic rebar prices increased on Friday March 30, tracking increases in the futures market.
https://www.metalbulletin.com/Article/3797900/rebar/CHINA-REBAR-Domestic-prices-rise-on-futures-gains.html

CHINA REBAR: Domestic prices rise on futures gains
China’s domestic rebar prices increased on Friday March 30, tracking increases in the futures market.
https://www.metalbulletin.com/Article/3797900/rebar/CHINA-REBAR-Domestic-prices-rise-on-futures-gains.html

After Donald Trump’s move, taxes cut for Chinese firms from factories to farms
http://www.scmp.com/news/china/economy/article/2139520/after-donald-trumps-move-taxes-cut-chinese-firms-factories-farms

After Donald Trump’s move, taxes cut for Chinese firms from factories to farms
http://www.scmp.com/news/china/economy/article/2139520/after-donald-trumps-move-taxes-cut-chinese-firms-factories-farms

I think the stock is likely to rebound soon. Today the stock price movement was quite stable. No big selling pressure.

Wow, it's good for comanies like KESM which offter testing services to semiconductor companies.

China cuts tax rates for chipmakers amid trade tensions
https://www.reuters.com/article/us-china-semiconductors-taxbreaks/china-cuts-tax-rates-for-chipmakers-amid-trade-tensions-idUSKBN1H60JM

ok

China cuts tax rates for chipmakers amid trade tensions
https://www.reuters.com/article/us-china-semiconductors-taxbreaks/china-cuts-tax-rates-for-chipmakers-amid-trade-tensions-idUSKBN1H60JM

Dow Jones U.S. Semiconductors Index was up 2.72% yesterday.

Wow. Dow Jones U.S. Semiconductors Index was up 2.72% yesterday.

OSAT股超卖　打开逢低买进大门
http://www.orientaldaily.com.my/s/237075

..............

OSAT股超卖　打开逢低买进大门
http://www.orientaldaily.com.my/s/237075

COMFORT GLOVES --- very bad QR

COMFORT GLOVES BHD --- very bad QR

kOBAY
https://www.reuters.com/finance/stocks/financial-highlights/KOBA.KL

Pursuant to Chapter 9.04(e) of the Listing Requirements, the Board of Directors of Kobay Technology Bhd. ("Kobay" or “the Company”) wishes to announce that on 28 March 2018, Kobay and Paradigm Aerospace Sdn. Bhd. (formerly known as Paradigm Aero Technology Sdn. Bhd.)(Company No. 1258406-W) (“PA”), the wholly owned subsidiary company of Lipo Corporation Sdn. Bhd. (Company No.: 491485-V) (“Lipo”), for which Lipo is the wholly owned subsidiary company of Kobay, have accepted the following banking facilities offered by Messrs. Hong Leong Islamic Bank Berhad to facilitate PA’s acquisition of property as per our announcement dated 14 March 2018 with reference number GA1-08032018-00017, upgrading of the said property and Kobay’s working capital purpose.

For further details, kindly refer to the attachment.

This announcement is dated 28 March 2018.
http://www.malaysiastock.biz/Company-Announcement.aspx?id=1045293

Trump tariffs and a trade war overlap.
The Dow plunged due to Trump tariffs before.The Dow has plunged due to a trade war recently. Perhaps traders have not noticed the overlap, so they are likely to have overreacted

Trump tariffs and a trade war overlap. As for steel stocks, they are almost identical, so it is very ridiculous to sell steel stocks again for a trade war.

The Dow plunged due to Trump tariffs before.The Dow has plunged due to a trade war recently. Perhaps traders have not noticed the overlap, so they are likely to have overreacted

Trump tariffs and a trade war overlap.
The Dow plunged due to Trump tariffs before. The Dow has plunged due to a trade war recently. Perhaps traders have not noticed the overlap, so they are likely to have overreacted.

Trump tariffs and a trade war overlap. As for steel stocks, they are almost identical, so it is very ridiculous to sell steel stocks again for a trade war.

The Dow plunged due to Trump tariffs before.The Dow has plunged due to a trade war recently. Perhaps traders have not noticed the overlap, so they are likely to have overreacted

The United States and China are reportedly engaged in behind-the-scenes negotiations to avert a trade war, and the main bargaining chip is semiconductors. When they strike a deal of having China purchase more American semiconductors over suppliers from South Korea and Japan, the toll could fall heavily on Korea’s chip-making industry, which is responsible for the bulk of Korean exports.

The Wall Street Journal reported that Washington has asked Beijing to import more American cars and semiconductors to address its trade deficit with China. The Financial Times also reported that Beijing is tilting towards agreeing to reduce imports from Korea and Japan and use more American chips to avoid the threatening U.S. tariffs on Chinese products. Regardless of which side proposed it first, it appears that Korean chipmakers are caught in the crossfire of trade friction between the two largest economies.
http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=3046189&cloc=etc%7Cjad%7Cgooglenews

https://www.barrons.com/articles/why-boeing-probably-wont-be-caught-in-trade-war-crossfire-1522247415

MALAYSIA STEEL WORKS (KL) BHD SHS buyback 1,031,000 shares from 0.950 to 0.985 on 09-Mar-2018 - 12-Mar-2018.