https://www.cbronline.com/news/vw-apple-vehicle

https://www.cbronline.com/news/vw-apple-vehicle

https://asia.nikkei.com/Politics-Economy/Policy-Politics/US-threatens-restrictions-on-steel-and-aluminum-imports

https://asia.nikkei.com/Politics-Economy/Policy-Politics/US-threatens-restrictions-on-steel-and-aluminum-imports

JPMorgan Says Don't Lose Any More Sleep Over Stock Volatility
https://www.bloomberg.com/news/articles/2018-02-16/jpmorgan-says-don-t-lose-any-more-sleep-over-stock-volatility

Today Malaysian semiconductor stocks were bullish.

Vitrox: +4.91%
Inari: +3.32%
Pentamaster: +5.78%
Kesm: +0.21%
Unisem: +2.33%
MMSV : 0%
Vitrox: +4.91%
Globetronics: +1.77%

Today Malaysian semiconductor stocks were bullish.

Vitrox: +4.91%
Inari: +3.32%
Pentamaster: +5.78%
Kesm: +0.21%
Unisem: +2.33%
MMSV : 0%
Vitrox: +4.91%
Globetronics: +1.77%

MMSV is likely to surge later.

Today Malaysian semiconductor stocks were bullish.

Vitrox: +4.91%
Inari: +3.32%
Pentamaster: +5.78%
Kesm: +0.21%
Unisem: +2.33%
MMSV : 0%
Vitrox: +4.91%
Globetronics: +1.77%

Buy some undervalued/oversold stocks before their QR annoncements. You will not regret it.

I think It can move up 20.00 to 21,00 before the next QR announcement.

TP 21.80

Oil price rebounded.

Apple was up 1.84% yesterday.

https://www.cnbc.com/2018/02/13/whistleblower-market-manipulation-of-vix-contributed-to-sell-off.html

https://www.cnbc.com/2018/02/13/whistleblower-market-manipulation-of-vix-contributed-to-sell-off.html

Vix "fear index" was manipulated, says alleged whistleblower

http://www.cityam.com/280536/vix-fear-index-manipulated-says-alleged-whistleblower

http://www.cityam.com/280536/vix-fear-index-manipulated-says-alleged-whistleblower

Vix "fear index" was manipulated, says alleged whistleblower

The stock price dropped from 1.80 to 1,48 within one month. I think it is oversold. It is likely to move up to at least 1.62 before the next QR announcement.

DAGANG NeXchange Bhd (DNeX) is looking to replicate its National Single Window (NSW) for trade facilitation in Asia-Pacific and Africa.

Towards this end, talks have been ongoing and DNeX is expected to take part in some of the tenders.

“I think we are prepared for that (expansion to Asia-Pacific and Africa). That is our plan for this year,” says executive deputy chairman Datuk Samsul Husin in an exclusive interview with The Edge.

“I think it’s time for us to go abroad. We have accumulated experience in the last 25 to 27 years and this is our product — which we developed with our people — and we have the infrastructure ready. It’s not an easy application to build as it involves a lot of stakeholders in the trade community. It’s high time for us to try to sell our expertise and compete with the best out there.”

The NSW entails the facilitation of electronic Customs-related transactions and duty payments, and electronic document transfers among manufacturers, importers, exporters, forwarders, shipping agents, terminal and port operators, banks, port authorities and permit-issuing agencies, among others.

DNeX has been the operator of the NSW since its launch in 2009, and has thus far received a couple of extensions to this concession, initially for two years — from Sept 25, 2016, to Sept 24, 2018 — and more recently, to Aug 31, 2019.

“The barrier to entry [for the NSW business] is capital and knowledge. But being in the space for the last 25 years, not many [competitors] have the pool of people that understand the industry. It’s not just about technology but also about building a relationship with the stakeholders of the NSW. There are so many associations, shipping companies and so on, so that is our value,” says Samsul.

NSW is DNeX’s main profit generator. The company’s IT arm provides NSW and other IT offerings such as vehicle entry permits and road charges, ework permits and 1Trade. DNeX also has an energy arm, which has, among others, oil exploration and other related oil and gas businesses with companies such as Ping Petroleum Ltd and OGPC Sdn Bhd.

For its nine months ended September 2017, DNeX posted a net profit of RM41.92 million on the back of RM142.43 million in revenue. According to its notes to the financials, the IT segment generated 72.51% of profit before tax.

Other than venturing abroad, DNeX has been looking to hedge its bets, being less dependent on the local NSW concession.

Among the initiatives being undertaken is a proposed acquisition last week of a 51% stake in Genaxis Group Sdn Bhd for RM10 million. Genaxis’ latest financials are not available, but its 60% unit and jewel in the crown, Innovation Associates Consulting Sdn Bhd (IAC), has been performing well. For its financial year ended December 2016, IAC raked in RM1.98 million from RM54.45 million in sales.

Samsul says there are profit guarantees in place and more information will be divulged when the acquisition is concluded.

“IAC has projects [such as] GFMAS (Government Financial and Accounting Management System), which is the accrual accounting system for the Malaysian government. They (IAC) are one of the first in the world to try to do accrual accounting for the government. This project means a lot and there is a lot of potential. All the experience they (IAC) have gathered in the past more than 10 years in the market ... so they are looking to take on bigger projects not only in Malaysia but also in the region,” he explains.

As at end-September 2017, DNeX had cash and cash equivalents of RM70.79 million and secured long-term bank borrowings of RM17.50 million. For the nine months ended September 2017, it incurred finance costs of a mere RM441,000.

In a research report released on Dec 22 last year, CIMB Investment Bank Bhd had an “add” call on DNeX, with a target price of 74 sen, which is a 54.1% premium to its closing price of 48 sen last Thursday. Its market capitalisation stood at RM842.6 million.

CIMB says, “The extension of the NSW concession and higher crude oil prices are potential re-rating catalysts for the stock. Key downside risks to our ‘add’ call are lower crude oil prices and a decline in NSW transaction volume post-expiry of its concession in September 2019.”
http://www.klsescreener.com/v2/news/view/342149

MMS Ventures sees better results on higher sales
Read more at https://www.thestar.com.my/business/business-news/2018/01/15/mms-ventures-sees-better-results-on-higher-sales/#kXH0s86W1lBqtVS1.99

Just check recent QR announcements of semicondoctor companies in the US. They are still very good.

Apple was up 4.03% yesterday.

Apple was up 4.03% yesterday. Very bullish

Correction was overly done. Start buying Dnex.

BREAKING: Stocks making the biggest moves after hours: Molina Healthcare, Chegg, RingCentral, & more

The US PHLX semiconductor index was up 1.86% yesterday. It was more bullish than Nasdaq.
Buy KESM today.

KESM is an automotive semiconductor company, which has little to do with iPhone. That's why the stock price has been stable recently.

Correction was overly done. It will rebound.

The US PHLX semiconductor index was up 1.86% yesterday. It was more bullish than Nasdaq.
Buy MMSV today.

Israel vows to continue military campaign in Syria despite warnings another incident could lead to 'regional conflict'
Tensions between the two nations at highest levels since dawn of Syrian civil war after downing of Israeli warplane
http://www.independent.co.uk/news/world/middle-east/israel-netanyahu-syria-attacks-iran-escalation-continue-operations-prime-minister-middle-east-latest-a8206481.html

MMS Ventures sees better results on higher sales
Read more at https://www.thestar.com.my/business/business-news/2018/01/15/mms-ventures-sees-better-results-on-higher-sales/#iO6rAUwGlwbfcOof.99

Just hold the stock. Its fundamentals are still good.

KLCI to edge higher, sentiment to stay cautious ahead CNY | http://www.klsescreener.com/v2/news/view/341333

KLCI to edge higher, sentiment to stay cautious ahead CNY | http://www.klsescreener.com/v2/news/view/341333

Now you can buy semiconductor stocks.

If USDMYR drops, it is likely that overall Malaysian stocks will rebound, so semiconductor stocks will get boosted by the market sentiment.


If USDMYR goes up, it will be good for export oriented stocks,so semiconductor stocks will rebound near future.

Now you can buy semiconductor stocks.

If USDMYR drops, it is likely that overall Malaysian stocks will rebound, so semiconductor stocks will get boosted by the market sentiment.


If USDMYR goes up, it will be good for export oriented stocks,so semiconductor stocks will rebound near future.

Here’s what Warren Buffett says to do when the market tanks
https://www.cnbc.com/2018/02/08/heres-what-warren-buffett-says-to-do-when-the-market-tanks.html

https://klse.i3investor.com/servlets/forum/600147065.jsp

Study on stock markets in emerging countries

Malaysia

USDMYR 3.973 (one month ago)
USDMYR 3.9394 (now)
KLCI 1820.25 (one month ago)
KLCI 1819.82 (now)

Thailand

USDTHB 31.96 (one month ago)
USDTHB 31.71 (now)
SET 1812.89 (one month ago)
SET 1786.45 (now)

Indonesia

USDIDR 13,395.00 (one month ago)
USDIDR 13,623.00 (now)
JKSE 6397.959 (one month ago)
JKSE 6505.52 (now)

USA

Dow Jones 25574.73 (one month ago)
Dow Jones 24190.90 (now)
US Dollar Index 92.508 (one month ago)
US Dollar Index 90.32 (now)


Conclusion: currencies and stock prices in emerging countries in Southeast Asia have been quite stable during the global stock sell-off. They will remain stable as long as their currencies are stable.

Regarding Malaysia, due to the factors below

1. ringgit has been stable
2. oil price has been high
3. in 2017 Malaysian stocks underperformed their global counterparts,

stock prices will remain more stable than stock prices in developped countries.

Study on stock markets in emerging countries

Malaysia

USDMYR 3.973 (one month ago)
USDMYR 3.9394 (now)
KLCI 1820.25 (one month ago)
KLCI 1819.82 (now)

Thailand

USDTHB 31.96 (one month ago)
USDTHB 31.71 (now)
SET 1812.89 (one month ago)
SET 1786.45 (now)

Indonesia

USDIDR 13,395.00 (one month ago)
USDIDR 13,623.00 (now)
JKSE 6397.959 (one month ago)
JKSE 6505.52 (now)

USA

Dow Jones 25574.73 (one month ago)
Dow Jones 24190.90 (now)
US Dollar Index 92.508 (one month ago)
US Dollar Index 90.32 (now)


Conclusion: currencies and stock prices in emerging countries in Southeast Asia have been quite stable during the global stock sell-off. They will remain stable as long as their currencies are stable.

Regarding Malaysia, due to the factors below

1. ringgit has been stable
2. oil price has been high
3. in 2017 Malaysian stocks underperformed their global counterparts,

stock prices will remain more stable than stock prices in developped countries.

https://mobile.reuters.com/finance/stocks/overview/ANZO.KL

Now you can buy semiconductor stocks.

If USDMYR drops, it is likely that overall Malaysian stocks will rebound, so semiconductor stocks will get boosted by the market sentiment.


If USDMYR goes up, it will be good for export oriented stocks,so semiconductor stocks will rebound near future.

Why has ringgit been stable? Becuase USD has not been so strong. In fact most currencies in emerging markets have been quite stable during the global stock sell-off because USD has not been so strong. That's why stocks in emerging markets have been outperfperforming stocks in developped countries during the global stock sell-off. Malaysians don't need to worry about the global stock sell-off as long as ringgit has been stable.

Why has ringgit been stable? Becuase USD has not been so strong. In fact most currencies in emerging markets have been quite stable during the global stock sell-off because USD has not been so strong. That's why stocks in emerging markets have been outperfperforming stocks in developped countries during the global stock sell-off. Malaysians don't need to worry about the global stock sell-off as long as ringgit has been stable.

US dollar posts best week in 15 months amid market turmoil
http://www.businesstimes.com.sg/banking-finance/us-dollar-posts-best-week-in-15-months-amid-market-turmoil

The US semiconductor index was up 3.05% on Friday.
https://www.marketwatch.com/investing/index/sox

USDMYR is almost 3.94. It has been going up steadily recently.

US dollar posts best week in 15 months amid market turmoil
http://www.businesstimes.com.sg/banking-finance/us-dollar-posts-best-week-in-15-months-amid-market-turmoil

Good for Malaysian semiconductor stocks

USDMYR is almost 3.94.
https://finance.yahoo.com/quote/USDMYR=X/

USDMYR has been going up recently.
https://finance.yahoo.com/quote/USDMYR=X/

The US semiconductor index was up 3.05% on Friday.
https://www.marketwatch.com/investing/index/sox

MMSV is likely to surge on Monday.

Here’s what Warren Buffett says to do when the market tanks http://www.theedgemarkets.com/article/heres-what-warren-buffett-says-do-when-market-tanks

A chip maker, Nvidi, pops after hours, giving some life to a beaten-down market
Nvidia exceeded analysts' expectations for income and revenue.
The company had a provisional benefit of $133 million because of tax reform.
https://www.cnbc.com/2018/02/08/nvidia-earnings-q4-2018.html

Nvidia shares jumped more than 14 percent Thursday after the company reported better-than-expected earnings for the fiscal fourth quarter. After the earnings call ended the stock was more than 9 percent higher than the closing price of $217.52 per share.

A chip maker, Nvidi, pops after hours, giving some life to a beaten-down market
Nvidia exceeded analysts' expectations for income and revenue.
The company had a provisional benefit of $133 million because of tax reform.
https://www.cnbc.com/2018/02/08/nvidia-earnings-q4-2018.html

Nvidia shares jumped more than 14 percent Thursday after the company reported better-than-expected earnings for the fiscal fourth quarter. After the earnings call ended the stock was more than 9 percent higher than the closing price of $217.52 per share.

KUALA LUMPUR: The ringgit opened lower against the US dollar today on a lack of interest in the local unit, dealers said.

At 9.00 am, the ringgit stood at 3.9160/9210 against the greenback from Wednesday's close of 3.9070/9100.

A dealer said the US dollar remained bullish against the local currency with positive momentum indicators picking up, and expected to climb higher, but could be temporarily disrupted by a technical pullback before moving up again.

Meanwhile, Oanda Corp Head of Trading for Asia Pacific, Stephen Innes, said the ringgit continued to weigh negatively amid the re-emergence of the Federal Reserve Board's hawkish statements, as well as oil prices which are looking very susceptible to ramped up US shale oil production.
https://www.thestar.com.my/business/business-news/2018/02/08/ringgit-weighs-amid-us-fed-hawkish-tone/