Posted by angct1028 > 2015-04-22 15:34 | Report Abuse

Frontken Corp Bhdrose as much as 9% during the morning trade today, possibly on continued positive investor interest after news that Apple Inc had awarded nearly a third of its A9 chip orders to Taiwan Semiconducting Manufacturing Co (TSMC).

Frontken has a 57.79% stake in Taiwan-listed Ares Green Technology Corp, which counts TSMC as one of its clients.

Ares Green provides ultra-cleaning services, anodising treatment, electro and chemical polishment and other reburshiment services for the semiconductor and optoelectronic products.

A remisier told theedgemarkets.com that the recent run up in Frontken’s share price could be due to the news, but he believes it has already been priced in.

“Since TMSC has beat out its competition to secure the chip orders for the new iPhones, the entire value chain has benefitted from the spillover effects,” he said.

At 2.44 pm, the stock was two sen or 7.27% higher at 29.5 sen after some 132.07 million changed hands, making it the most actively-traded counter across the bourse. The current price gives it a market capitalisation of RM314.54 million.

Over the last year, the stock has risen 114.29%; it gained some 71.43% since April 7 alone.

Frontken was also recently featured in the Stocks with Momentum column in The Edge Financial Daily on April 13.

Posted by Joey Goh > 2015-04-22 15:36 | Report Abuse

thumbs up ~~

Posted by tkp1 > 2015-04-22 15:36 | Report Abuse

ok, let me give you my opinion, go and buy Nova because Nova is cheaper 0.23 as compared to Frontkn which is 0.3. I am free to give me opinion.

Posted by Firebird2 > 2015-04-22 15:39 | Report Abuse

angct1028, very good, thx

Posted by dqifays > 2015-04-22 15:42 | Report Abuse

thanks tkp1. but it doesnt mean your opinion will be valued though. and yes you are free to give you opinion. :)

Posted by tkp1 > 2015-04-22 15:50 | Report Abuse

haha, ok lah, my real opinion, Nova revenue and profit seem like not stable, up and down as compared to Frontkn where you can see a very clear uptrend in both Rev & Profit, this is a very important stock selection criteria for me. Secondly, Nova PE50+ compared to Frontkn is just PE16 at this current price, although Nova is real technology stock, but PE50 is too high, I know they got a contract recently, but that need time to show up in the P&L.

Frontkn price at 0.3 now although is still not too high, but because of the rally from 0.18 to 0.3, it might going thru a correction, so if you want to top up, wait for after the correction.

Posted by dqifays > 2015-04-22 15:52 | Report Abuse

Hahahha... thank you sifu tkp1. #respect

Posted by samyew1234 > 2015-04-22 15:52 | Report Abuse

Frontken up as much as 9%, sees continued interest from Apple chip demand

Posted by tkp1 > 2015-04-22 15:55 | Report Abuse

As pointed out by kwl8888, it seem like some volume keep distributing at 0.3 level, big player start to take profit.

Posted by tkp1 > 2015-04-22 16:00 | Report Abuse

0.3 is a keep psychological milestone, is normal to see ppl take profit at this point, for me, I will still hold and monitor

Posted by tkp1 > 2015-04-22 16:00 | Report Abuse

"key psychological miles" I mean

Posted by Joel > 2015-04-22 16:05 | Report Abuse

I think that Novamsc 比较安全。

Posted by brutusbeefcake > 2015-04-22 16:15 | Report Abuse

hebatlah tkp1 !!

Posted by tkp1 > 2015-04-22 16:24 | Report Abuse

haha, brutus, any negative news you want to share? the real one please

Posted by dqifays > 2015-04-22 16:36 | Report Abuse

Joel, you sure want people to work for the answer.haha

Posted by Joel > 2015-04-22 16:40 | Report Abuse

Frontkn，如果现在大跌的话，你就不会这样讲。dqifays.

Posted by dqifays > 2015-04-22 16:42 | Report Abuse

Joel, what do you mean by "if we crash, you would not say this" ?

Posted by Joel > 2015-04-22 16:52 | Report Abuse

No la, only we are human being,

Apabila jumpa hantu, bercakap dengan bahasa Hantu.

Apabila jumpa dengan manusia , bercakap dengan bahasa digunakan manusia.

Posted by tkp1 > 2015-04-22 16:53 | Report Abuse

good closing @ 0.29, uptrend momentum continue, tomorrow will continue to test 0.3 resistance

Posted by rosetan > 2015-04-22 17:02 | Report Abuse

http://www.theedgemarkets.com/my/article/frontken-much-9-sees-continued-interest-apple-chip-demand

Posted by sarawakian > 2015-04-22 17:50 | Report Abuse

tkp1 what's the general consensus on Frontkn's TP? pls share

Posted by RoyChong5053 > 2015-04-22 17:59 | Report Abuse

0.3 resistance already break half way,i think tomorrow will keep uptrend.

Posted by Lucas Chan > 2015-04-22 18:02 | Report Abuse

Yeah tp 0.30 reached!!good job well done

Posted by Lucas Chan > 2015-04-22 18:03 | Report Abuse

Frontkn new tp will be 0.35 , it will be the sky limit tp!! After that will slow down~

Posted by HungryWhere2Go > 2015-04-22 18:24 | Report Abuse

When report out?

Posted by HungryWhere2Go > 2015-04-22 18:26 | Report Abuse

But I heard TP is only 0.30. Now already 0.29

Posted by Sultan Arif > 2015-04-22 19:47 | Report Abuse

Hold tight.

Posted by angct1028 > 2015-04-22 19:50 | Report Abuse

Long Term TP is 0.50. Stay tune.

Posted by share2014 > 2015-04-22 20:04 | Report Abuse

Tomorrow should be above 0.30

Posted by tkp1 > 2015-04-22 20:39 | Report Abuse

Sarawakian, I don't have a TP, for me I will continue to hold, and monitor the momentum, I will share if I see any reversal trend, but even there is a correction, it will just be temporary, its all depend on the May QR, if the results continue to show grow potential, the price will continue to fly.

Posted by Victor Valdez > 2015-04-22 20:43 | Report Abuse

Hungry..stock market doesnt work like that la..as long there is demand and supply..u think will stop at 30...btw where the hell u get TP 30 from..my tp source is higher..hahahha

Posted by tkp1 > 2015-04-22 20:51 | Report Abuse

Frontkn is still superbull currently, here is why:

1. Today #1 top volume counter in KLSE
2. Buyer volume (1.2m lots) > seller (0.7m lots)
3. Price stay above 5,10,20 MA

There is no sign at all that this superbull is going to slow down yet. Forget about the TP for now and let's see how far it can run.

Posted by Icon888888 > 2015-04-22 20:56 | Report Abuse

?

Posted by Icon888888 > 2015-04-22 20:57 | Report Abuse

very huat liao.

Posted by Chinchiasong > 2015-04-22 20:57 | Report Abuse

So many many nic

Posted by Yii Shing > 2015-04-22 22:18 | Report Abuse

The high volume within this period is never done before since listed on year 2006. Frontkn is super black horse of the year 2015.

Posted by angct1028 > 2015-04-22 22:49 | Report Abuse

Tomorrow 0.33

Posted by share2014 > 2015-04-22 23:29 | Report Abuse

Yes more to come

Posted by Alpha Trader > 2015-04-23 00:39 | Report Abuse

Small hiccup, 32c first target

Posted by alphajack > 2015-04-23 00:45 | Report Abuse

Since 22c I have been telling ppl to buy d. Last time I aim 30..now I think 35 sen minimum la. Somore semi con all high demand. F it.. 40 sen now. New target kekekeke

Posted by UMA > 2015-04-23 04:14 | Report Abuse

Designated stock !!!!!!!!!!!!!

Posted by apini > 2015-04-23 08:27 | Report Abuse

good morning my good friend,

whatever it , up or down, let it be,

stay happy.

investing is just figure game, need not be stressful

Posted by JN88 > 2015-04-23 08:39 | Report Abuse

Good Morning ...

Posted by shidayea > 2015-04-23 08:57 | Report Abuse

stressfull if we contra player..

Posted by Lucas Chan > 2015-04-23 08:57 | Report Abuse

frontkn no uma? hahaha

Posted by JN88 > 2015-04-23 09:07 | Report Abuse

IF big GAP UP then UMA la...so far just small gap up...

Posted by maelxpdc > 2015-04-23 09:24 | Report Abuse

Where all my favourite frontkn fan? Atuk?still holding? Ultimate tp 0.36

Posted by Cobra Gigit > 2015-04-23 09:28 | Report Abuse

sudah boring ini stock? susah nak naik lagi?

Posted by Atuk K > 2015-04-23 09:36 | Report Abuse

mael, yes still holding. But today no morning show.

Posted by Karenng > 2015-04-23 10:19 | Report Abuse

Yes, I bought in yesterday @ 0.205. still ok :)