Previously it reached rm1 with short selling pressure. I doubt that it could reach rm1 again(short sell banned) unless the next few quarter results are horrible.
STRONG BUYING PRESBHD (5204) 1 [SERBADK]: SERBA DINAMIK HOLDINGS BHD is confirm buying from PRESBHD (5204): PRESTARIANG BERHAD 2.5mil ( Prestariang Education Sdn Bhd ) is deal... 2) Prestariang Skin Sdn Bhd (PSKIN), had initiated legal action to seek RM733 million in damages, after the government terminated the project it had awarded to PSKIN in 2017. goverment is in NEGOTIATION Status from latest NEWs . amount maybe reduce to RM500 million . 3) Prestariang Bhd, the sole Microsoft licensing solutions provider for the Malaysian government, has proposed to undertake a private placement of not more than 10% of its issued share capital to raise up to RM19.29 million. from BURSA is approve already.
Iphone 12 will continue as plan since China's plant is already operational.
Besides that, current A13 chip are still in production.
Operation in Taiwan is business as usual.
Even there is less demand for latest iphone(9 months later), still will not have material impact as a machine produce 10k unit, now only produce 5k, still needs cleaning. Probably less per cycle.
However, with the even smaller 5nm chip, cleaning will be more frequent.
With new phones coming out with 5G technology and Telco commercialising the 5G bandwith worldwide, 2021 will be an exciting year to watch.
TSMC's First Quarter Earnings Conference will be held on Thursday, April 16, 2020, at 2 pm Taiwan time/ 2 am ET. The Quiet Period is April 6 to 15, 2020. During this period, TSMC refrains itself from making contacts with the investment communities.
The Earnings Conference will be held in English and webcasted live on TSMC's website at https://www.tsmc.com. The webcast will be archieved for replay within 4 hours and a transcript will also be available for download within 24 hours after the Earnings Conference is finished.
KUALA LUMPUR (April 16): Bursa Malaysia Bhd has granted a further extension of time for listed issuers to submit their financial statements, an additional relief measure to assist and support listed issuers in these challenging times due to the COVID-19 outbreak.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
newbie8080
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Posted by newbie8080 > 2020-04-11 21:49 | Report Abuse
Previously it reached rm1 with short selling pressure.
I doubt that it could reach rm1 again(short sell banned) unless the next few quarter results are horrible.