Local funds, IBs and Retails were all together goreng Bursa tech until it become the top valuation in the world. Will tech mania turn into tech phobia in the near future?

SAM is still traded at PER 29x. Waiting for PER 15x or price RM 2.10.

Ginseng chicken soup.

Fact is cruel. Technology is the future but Price is sliding back to the past.

Genetec Net profit margin is 28%. Many ATE companies with real moat are also unable to achieve to kind of ultra lucrative margin. What is the story behind.. Lolz

Next time, you would see it happens to the commodity related counters again. Lolz

I don't have any questions of its prospect after 2 years... Problem is the market trend is not favoring technology sector now.

PER is a guidance in risk management. Of course, you can't apply PER to the NTA and recovery play. Lolz

I have seen him punting successfully few times. He is patient and good at applying Benjamin Graham principles in NTA play at good timing.

It's indeed hard to answer what is reasonable PER without doing any benchmarking...we don't look at PER in an isolation manner... Earnings up and down.. It's all relatively and dependent on the sectoral play in the market.

MI is aiming at the lowest price when covid started in 2020. Pretty scary.

No need analysis la. When you see stockraider hanging around here, then you join the boat. He is good at punting Insas.

Without benchmarking with the Nasdaq semiconductor companies in PER , i would have believed to the slogon of 'Technology is the future " after watching many semiconductor videos in Bursa and IBs analysis... Really brainwashing.

Many people even said it was very old fashion in valuing technology sector by PER. What a joke!

Bursa Technology Superbull was very very strong. Hardly seen any sector goreng like this in the last 2 decades. It happens once in the blue moon. Many chives are being harvested.

Started talking Technology doomed since October 2021 and the market was heading peak in November 2021.

Funds managers also follow global trend one or else they would be blamed for being like a smart ass when something bad happens. Now, They can simply reduce their position and put the blame to Fed and Ukraine crisis.

Tomorrow, funds managers and IBs would offer another bowl of ginseng chicken soup.

Semiconductor sector is a global business. Lolz

Take example what's happening in Nasdaq now... Seagate is traded at PER 12.3x whereas Western Digital 7.9x.

I can't give you an example but benchmarking must be done with the sector and industry (or global players) at that moment. One of the main factor is chips shortage may dampen the growth of the semiconductor volume in the next 2 years before new supply kicking in.

PER 30x is a premium. By that time, many Bursa Technology counters will be seen trading between PER 8x to 20x.

Need to take into account full dilution of EPS by including ICPS to arrive PER 30x at price RM 2.

Target Price RM 2 or PER 30x...Still bit high.

Back to the basic again... Investment clock.

Funds are moving to commodity related business and follow by Banking...Technology counters good buy at 25% to 30% of the peak price.

What EV or fundamental are all gimmicks la. Look at the price chart and people already known where it's heading.

Seagate is traded at PER 12.3x whereas Western Digital 7.9x nia.

Wait the Bursa Technology sector PER valuation dropping until almost on par with the global semiconductor companies.

Sector rotation play remains dominant in the market.

Technology mania outdated lor. Bursa is staging a plantation mania

Thanks The_JQuestion.

Tickets are limited. 82% of the shares are controlled by less than 30 shareholders. Fong siling is a shareholder too.

Desktop mode in phone is more confusing.

Do the benchmarking with the sector. Overvalued or undervalued? It's up to you.

Tin consumers likewise have learnt this lesson. Tin may not be their main cost factor to their products but it is critical. They would rather spend a bit more money keeping more stock in the storage just in case while the price low.

As said before, global tin production is merely worth US 15 billion a year in the market. IBs can goreng the price to the sky easily. If they pump in US 1.5 billion (32,700 tonnes) or 10% of the global output to keep in their storage. The storage area requires max 15,000 sqm.

In addition, new chips production facilities are available 24 months later. Tin consumption is expected to surge catering for electronics and EV batteries.

Last year, many cars manufacturers halted their production lines due to insufficient of chips for the cars. They didn't foresee some guys bought a lot before the shortage happened. They get used to the JIT system to maintain the inventory as low as possible.

Tin consumers are forced to keep more stock as Indonesia threatened to ban tin export in 2024 couple with Russia tin production could be disrupted due to the war.

Target US 100k per tonne ke?

Kotra's is merely traded at PER 12.5x whereas Ahealth, Dpharma, Yspsah and Nova are all fetched PER between 17x and 22x. Time to catch up with the valuation

The worldwide output of refined tin is 327mt per annual. It worth merely US 14.7 billion at the price US45k.

Tin production is limited due to the scarcity of tin ore.

If production of silicon metal is a lucrative in long term, think OMH would consider converting most of its existing Fesi furnaces (10 units)

OMH is converting 2 units of its furnace for producing silicon metal. The furnaces will be ready commercial run at the end of the year. This process is required 12 months only. Is it easy to produce silicon metal?

It's actual a kitchen-sinking exercise.

alibiii. You have to read Box-Pak quarterly report first in the Review of Performance and follow by CanOne. Impairment PPE & inventories written down is derived from the total value in Canone after deducting Box-Pak's figures.

Machineries in Myanmar remains running but at lower capacity due to economy slowing down after army has taken over government .

The impairments came from Myanmar operations & Contract Packing.

Impairment of PPE:
- Box Pak Myanmar - 95.6 million
- General Can Myanmar - 69.6 million
- Contract Packing - 59.8 million

Inventories written down:
- Box Pak Myanmar - 13.3 million
- General Can Myanmar - 15 million

Your profit estimate and stock flies after you sold are both correct. lolz

Mogas 92 cracked spread cycle is repeating again. Hahaha

Zzprozaz. The main raw materials are tapioca starch and corn starch.