This could also be strategy to lure retailers for cash out by certain parties… good luck

Careful it’s overhyped stock and not based on fundamental. Ridiculously high PE of 39x… it’s matter of time it will tumble like a falling knife….
Better take profit before too late

ASML's 4Q orders triple in sign of semiconductor industry revival.

Jan 24): ASML Holding NV orders more than tripled last quarter from the previous three months, in a sign that the semiconductor industry is resurgent.

Order bookings rose to a record €9.19 billion (RM47.26 billion) in the fourth quarter (4Q) from €2.6 billion in July to September, driven by demand for its most sophisticated machines, Europe’s most valuable technology company said in a statement on Wednesday.
ASML is the only company that produces equipment needed to make the most sophisticated semiconductors, and demand for its products is a bellwether for the industry’s health. Record orders for its top-of-the-line extreme ultraviolet (EUV) lithography machines show optimism among the biggest customers for the technology, including Intel Corp, Samsung Electronics Co and Taiwan Semiconductor Manufacturing Co (TSMC).
Artificial intelligence (AI), which requires massive amounts of computing power, is going to be a “big driver for our business and the business of our customers,” chief executive officer Peter Wennink said in an interview on Bloomberg TV.



https://theedgemalaysia.com/node/698519

ASML's 4Q orders triple in sign of semiconductor industry revival.

Jan 24): ASML Holding NV orders more than tripled last quarter from the previous three months, in a sign that the semiconductor industry is resurgent.

Order bookings rose to a record €9.19 billion (RM47.26 billion) in the fourth quarter (4Q) from €2.6 billion in July to September, driven by demand for its most sophisticated machines, Europe’s most valuable technology company said in a statement on Wednesday.
ASML is the only company that produces equipment needed to make the most sophisticated semiconductors, and demand for its products is a bellwether for the industry’s health. Record orders for its top-of-the-line extreme ultraviolet (EUV) lithography machines show optimism among the biggest customers for the technology, including Intel Corp, Samsung Electronics Co and Taiwan Semiconductor Manufacturing Co (TSMC).
Artificial intelligence (AI), which requires massive amounts of computing power, is going to be a “big driver for our business and the business of our customers,” chief executive officer Peter Wennink said in an interview on Bloomberg TV.



https://theedgemalaysia.com/node/698519

Good time to collect…Buy buy buy.. CNY rally coming

Investors are smart enough to know who’s the tin kosong (ie fruitcake) who just know how to make noise and post statements with NO substance…

Full of potential..and lots of upsides

Medical Segment Sets to Grow Further
Moving into 4Q23, the group is confident that the medical segment contribution will increase by 15-20% QoQ driven by higher sales to Edward (40% of 3Q23 revenue) and recovery in orders from Ambu (29% of 3Q23 revenue). We note that Supercomnet has been chosen by Edwards Lifesciences (market cap of above USD50bn) as the best quality supplier (more than 700 suppliers) and achieved gold status in 2023. Edward will be using more digital smart cable (from analog cable) for its products such as its inbuilt PCB Board somewhere in the middle of 2024. For Ambu, the growth will come from endoscopes, gastroscopes and colonoscope (US FDA approved in Sep-23).

Automotive to Fully Recover by 2Q24
Management shared that 4Q23 automotive contribution would remain flat QoQ but full recovery is expected to happen by either 1Q24 or 2Q24. We understand that Scomnet’s customer, Stellantis is evaluating Gurun’s potential to be a regional hub for battery-electric vehicles (BEVs) for domestic and export markets. In essence, we believe the expansion of Stellantis in ASEAN (via Gurun, Kedah) will bode well for Scomnet.

In addition, Scomnet has been approached by a European automotive player to produce wire harness for Chrysler models in the US market. If successful, the first project is expected to begin in March or April 2024 and contribute around RM10-15mn sales per annum.

https://www.reuters.com/business/autos-transportation/hertz-sell-about-20000-evs-us-fleet-2024-01-11/

Go and watch the movie “Wonka”..!

It’s whimsical portrayal of a chocolate factory and unique treats that will likely spark and increase interest in chocolate consumption among viewers.

This Movie possesses remarkable ability to influence significant increase in chocolate consumption!

Next I can think of is Guan Chong…

It’s getting attractive… silly to run… it’s time to collect…

Stellantis is evaluating Gurun’s potential to be a regional hub for battery-electric vehicles (BEVs) for domestic and export markets. In essence, analyst believe the expansion of Stellantis in ASEAN (via Gurun, Kedah) will bode well for Scomnet.

In addition, Scomnet has been approached by a European automotive player to produce wire harness for Chrysler models in the US market.

4 Jan 2024
RHB Investment Bank kept its OVERWEIGHT stance on Transportation sector, as it expects trade recovery to materialise.

the research house said, the upswing in export momentum in November 2023, particularly in E&E products and palm oil-based items, validates the early signs of trade rebound.

“There is also growing evidence of improved trade activities from economic growth of China and regional economies.

Aside from that, the red sea crisis pushed certain freight rates higher.

Within the logistics sector, its top pick is Tasco Bhd (TASCO) for its diversified client base, business segments that will sustain its earnings base, and the integrated logistics services (ILS) tax incentives that offer a buffer against sector headwinds.

Tasco train starts to move… don’t miss this opportunity…. Big boys coming

I prefer Tasco too.
Highly geared company like Swift is dangerous during challenging time like now.

Don’t listen to Rubbish recommendation by Natsuko… she will bring u Down swiftly…

Overshot already. Better take profit first… it will be diving down…

Better take profit first Ooo.. coming down

Good time to collect when it’s taking a breather

Good time to collect when it’s taking a breather..

Good Dividend will likely resume soon..

KUALA LUMPUR (Aug 18): Magnum Bhd's net profit for the second quarter ended June 30, 2022 (2QFY22) jumped to RM26.4 million, over 12 times the RM2.05 million it made in the same period last year, as it recorded better sales under its gaming division.

Revenue rose 47.68% to RM482.14 million from RM326.49 million, as gaming sales more than tripled to RM482 million from RM155.5 million, its bourse filing showed.

https://www.theedgemarkets.com/article/magnum-2q-net-profit-jumps-rm264-mil-gaming-sales-continue-recover

For the fourth quarter (4QFY22), the group posted a 2.43% drop in net profit to RM86.22 million, from RM88.36 million a year earlier, due to a decline in revenue and higher provision of deferred taxation.

Earnings per share for the quarter slipped to 2.33 sen from 2.64 sen previously, Inari’s filing showed.

Quarterly revenue fell 6.96% to RM336.18 million from RM361.32 million, as raw material supply constraints led to lower loading volume in its optoelectronics and generic business segments.

Take profit time… it’s turning down

UP trend to continue… buy buy buy… onboard

Semicon industry news by the edge (4.8.22), analyst opines that Malaysia is expected to benefit from the accelerated trade diversion due to US-China trade tension, as more multinational companies shift their supply chain activities out of China into Southeast Asia

Semicon industry news by the edge (4.8.22), analyst opines that Malaysia is expected to benefit from the accelerated trade diversion due to US-China trade tension, as more multinational companies shift their supply chain activities out of China into Southeast Asia

Semicon industry news by the edge (4.8.22), analyst opines that Malaysia is expected to benefit from the accelerated trade diversion due to US-China trade tension, as more multinational companies shift their supply chain activities out of China into Southeast Asia

Up trend coming… break barrier already..on board

Sime Darby Bhd is exiting the non-core ports business by divesting the entire equity interest in its Weifang Port companies for 1.92 billion yuan (RM1.27bil).

https://www.thestar.com.my/business/business-news/2022/07/05/sime-darby-divesting-weifang-port-companies


Special dividend?

As expected mentioned earlier

UWC RECORDS HIGHEST EVER QUARTERLY PAT TO DATE WITH 24.8% LEAP
Supported by the growing order book from semiconductor industry

Kelington Group Bhd (KGB) has secured a contract worth RM114 million to build a semiconductor manufacturing building.

https://www.theedgemarkets.com/article/kelington-bags-contract-worth-rm114m-build-semiconductor-manufacturing-facility

KUALA LUMPUR (June 14): Global fab equipment spending for front-end facilities is expected to increase 20% year-on-year (y-o-y) to an all-time high of US$109 billion in 2022.

In a statement on Monday (June 13), the US-based Semiconductor Equipment Materials International (SEMI) said this marked a third consecutive year of growth following a 42% surge in 2021.

SEMI in its latest quarterly World Fab Forecast report said fab equipment investment in 2023 is expected to remain strong.

https://www.theedgemarkets.com/article/global-fab-equipment-spending-hit-record-us109-bil-2022-

KUALA LUMPUR (June 14): Global fab equipment spending for front-end facilities is expected to increase 20% year-on-year (y-o-y) to an all-time high of US$109 billion in 2022.

In a statement on Monday (June 13), the US-based Semiconductor Equipment Materials International (SEMI) said this marked a third consecutive year of growth following a 42% surge in 2021.

SEMI in its latest quarterly World Fab Forecast report said fab equipment investment in 2023 is expected to remain strong.

https://www.theedgemarkets.com/article/global-fab-equipment-spending-hit-record-us109-bil-2022-says-semi

Good to collect ….

The semiconductor sector continues to be favoured by analysts, especially the outsourced semiconductor assembly and test (Osat) providers.

The Osat companies have got it going with a strong sales pipeline and earnings growth prospect, anchored by their expansion roadmap and robust balance sheet, said TA Securities Research in its latest report.

“We also expect them to continue benefiting from the global structural growth in chip demand, alongside the ongoing acceleration in digitalisation and proliferation of secular technology trends like 5G, artificial intelligence, cloud computing, Internet of Things, robotics and vehicle electrification,” it said.

It maintained its “overweight” stance on the technology sector.

Thestar 10 June 2022

The semiconductor sector continues to be favoured by analysts, especially the outsourced semiconductor assembly and test (Osat) providers.

The Osat companies have got it going with a strong sales pipeline and earnings growth prospect, anchored by their expansion roadmap and robust balance sheet, said TA Securities Research in its latest report.

“We also expect them to continue benefiting from the global structural growth in chip demand, alongside the ongoing acceleration in digitalisation and proliferation of secular technology trends like 5G, artificial intelligence, cloud computing, Internet of Things, robotics and vehicle electrification,” it said.

It maintained its “overweight” stance on the technology sector
The star 10 June2022

The semiconductor sector continues to be favoured by analysts, especially the outsourced semiconductor assembly and test (Osat) providers.

The Osat companies have got it going with a strong sales pipeline and earnings growth prospect, anchored by their expansion roadmap and robust balance sheet, said TA Securities Research in its latest report.

“We also expect them to continue benefiting from the global structural growth in chip demand, alongside the ongoing acceleration in digitalisation and proliferation of secular technology trends like 5G, artificial intelligence, cloud computing, Internet of Things, robotics and vehicle electrification,” it said.

It maintained its “overweight” stance on the technology sector
The star 10 June2022

The semiconductor sector continues to be favoured by analysts, especially the outsourced semiconductor assembly and test (Osat) providers.

The Osat companies have got it going with a strong sales pipeline and earnings growth prospect, anchored by their expansion roadmap and robust balance sheet, said TA Securities Research in its latest report.

“We also expect them to continue benefiting from the global structural growth in chip demand, alongside the ongoing acceleration in digitalisation and proliferation of secular technology trends like 5G, artificial intelligence, cloud computing, Internet of Things, robotics and vehicle electrification,” it said.

It maintained its “overweight” stance on the technology sector
The star 10 June2022

Not reliable person anymore. U-turn here and there just to save the share price… but the truth is out.. tesla performance likely not good moving forward

Just look at this news, you know how will Genetec be doing... down hill of course.... Genetec is highly dependent on below...

Elon Musk is considering a hiring freeze and job cuts of up to 10% of staff at Tesla because he has a “super bad feeling” about the state of the economy, according to an internal email seen by Reuters.

https://amp.theguardian.com/technology/2022/jun/03/elon-musk-job-cuts-tesla-super-bad-feeling-economy-hiring-freeze

It’s silly to generalise all tech stocks for sell down. Some good ones like uwc, penta, vis, fpgroup, kgb, etc…can still hold/ collect..

Genetec going down…

Elon Musk is considering a hiring freeze and job cuts of up to 10% of staff at Tesla because he has a “super bad feeling” about the state of the economy, according to an internal email seen by Reuters.

https://amp.theguardian.com/technology/2022/jun/03/elon-musk-job-cuts-tesla-super-bad-feeling-economy-hiring-freeze

Interest rate up or not... all countries are fighting to secure chips supply, and especially with the polarization between Us and China, Malaysia is in good position to benefit from it......

Interest rate up or not... all countries are fighting to secure chips supply, and especially with the polarization between Us and China, Malaysia is in good position to benefit from it......

its TP should be at least 4.60 - 5.0.. buy and hold for a year and you will be rewarded...

This stock is full of potential.... tech is backkkk.... onboard!

Tech is backkk....... on board the train!

Tech is backkkkkkk.... on board the train....