Posted by invest_malaysia > 2021-06-02 20:12 | Report Abuse

Chips shortage to persist!!! Not only that, chips are essentials for many products. More and more chips are needed

Posted by ali baba > 2021-06-02 22:01 | Report Abuse

https://finance.yahoo.com/news/tsmc-says-construction-started-arizona-180605975.html

Posted by ali baba > 2021-06-02 22:25 | Report Abuse

can someone ask in AGM, will AGTC also send its Taiwan staff to Arizona to support TSMC?

Posted by Targeted > 2021-06-03 10:54 | Report Abuse

Get ready for action.......

Posted by siulong1 > 2021-06-03 11:04 | Report Abuse

so fast drop back.....aduh!

Posted by Sogbashen > 2021-06-03 11:17 | Report Abuse

When up up abit. When drop one drop so many .

Posted by Predictor942 > 2021-06-03 11:21 | Report Abuse

today no power... short term can sell now

Posted by Oliver Ooi > 2021-06-03 12:06 | Report Abuse

CEO said confirmed double digit growth for coming years, no affecting on businesses operate in Taiwan,malaysia and Singapore, they will keep up pace and a having a conversation to support TSMC businesses in Arizona, Lastly, Precision cleaning industry not an easy entry into market and also not an easy to steal existing client too.

Posted by lavenderguy > 2021-06-03 12:37 | Report Abuse

you participated the agm Oliver? thank you for your report!~

Posted by Oliver Ooi > 2021-06-03 12:57 | Report Abuse

@lavenderguy, YES, I did attended the AGM. the CEO confident and straight forward to tell the profit margin or the business mode to shareholder. so everything fine and clear

Posted by icst1975 > 2021-06-03 13:23 | Report Abuse

Some Highlights from attaining the online AGM this morning that I capture:
1. Semi-conductor sector: Although TSMC is the largest customer, about 30% of revenue in the sector, Company actually has more than 50 customers in the sector, and some of them may become more significant in future. So business is not as reliant on a single customers as many have thought.
2. Risk of losing key customer(s): Maturing new chips from conception to production stage is a prolonged process and takes up to two years. Our customers have involved us from the early stages and so it is not possible to be dropped out at the production stage. For a client to switch service provider, it would take a minimum of 8 months to more than 1 year and there is not certainty if the new service provider can deliver meaning that once we are engaged upfront, we are with them in the production stage.
3. Company has been improving on profit margin over the past years. There are still rooms for improving the current PBT of some 30 -35 % by further improving efficiencies and reducing wastage. Company has never cease and is always looking into and incorporating more efficient process and through higher automation.
4. Semi-conductor service sector is expected to see strong growth in the next 3 to 5 years, may be even longer. Oil and gas sector saw improvement in 2020 and getting better in 2021.
5. In Taiwan, Company has already acquired ready-built new factory spaces for capacity expansion which will more than double the existing production area. This is a cheaper option and is ready for use compare to land acquisition and construction. However, Company is also looking at own land acquisition for longer term expansion.
6. Company does not see any limitation in its capacity to meet the increasing customer demand in the near term or in the foreseeable future. Company is actively planning to set up factory space in the USA. However for China, there is no plan yet to set up factory space there as it can be served from Taiwan.
7. Increasing and maintaining talent resource pool is a key management focus. Increase automation helps in some cost reduction but it is not a solution for everything.
8. Current draught in Taiwan is not an issue. It has no impact on the Company operation todate and in future. Company has been able to reduce water consumption over the past years due to recycling.
9. Covic-19 has not impact the Company operation to-date. Company is very vigilant and careful on all aspects of health and safety that impact employees and customers.
10. Company is seeing multi years of business growth. Major shareholder is definitely not cashing out on Frontkn shares. Continuously working on business and profit growth and is every positive achieving new highs for many years ahead.

Posted by Predictor942 > 2021-06-03 13:49 | Report Abuse

Ady bought land in Taiwan?

Posted by Predictor942 > 2021-06-03 13:50 | Report Abuse

short term can cash out now, I want collect more cheap ticket hah, I am long term trader, sure fly to my TP 5.5

Posted by Targeted > 2021-06-03 14:01 | Report Abuse

Superb prospects.....

Posted by lavenderguy > 2021-06-03 14:04 | Report Abuse

thank u icst1975 for the effort! maybe we should form a telegram group about frontken, or is there one? like d&0,careplus, TG...

Posted by ali baba > 2021-06-03 14:08 | Report Abuse

Thanks Oliver to ask about sending staff to Arizona.
This is a new growth - new income stream for the company.
Exciting days ahead.

Posted by Predictor942 > 2021-06-03 14:10 | Report Abuse

TP 5.5 TP 5.5 TP 5.5

Posted by Predictor942 > 2021-06-03 14:35 | Report Abuse

3.1 break? engine can start again?

Posted by Predictor942 > 2021-06-03 14:41 | Report Abuse

dun understand why this stock got selling pressure hah, ady break then go back, susahlah apa pasai ni

Posted by siulong1 > 2021-06-03 14:46 | Report Abuse

maybe affected by KLCI index, today 8.2k cases....

Posted by lavenderguy > 2021-06-03 15:31 | Report Abuse

no go up? put for long term lor....

Posted by heeroyuy_chong > 2021-06-03 15:37 | Report Abuse

this counter has some rss volume ?

Posted by Sogbashen > 2021-06-03 16:59 | Report Abuse

Long term prospect frontkent are very good . Not to mention on the recovery prospect of their oil bussiness. Just be in mind that usa will start to deduct the qe which will bring big hurt for tech stock. So don’t all in , remember to spare some cash for those long term holder, to keep on buying . Just my 2 cents

Posted by Bgt 9963 > 2021-06-03 17:13 |

Post removed.Why?

Posted by invest_malaysia > 2021-06-03 18:25 | Report Abuse

It’s definitely a buy. If drop then just sapu

Posted by siulong1 > 2021-06-04 09:06 | Report Abuse

what happen? why frontkn drop a lot in the morning?

Posted by Glovetheng91 > 2021-06-04 09:08 | Report Abuse

wah why drop so bad? taiwan typhoon related?

Posted by PauKacang > 2021-06-04 09:19 | Report Abuse

nasdaq correction

Posted by Sogbashen > 2021-06-04 10:09 | Report Abuse

Us market. Tonight fomc got announcement...

Posted by Predictor942 > 2021-06-04 11:01 | Report Abuse

collect a little again hahahh thank you who throw today，drop nore please hahhaha I want all in

Posted by Predictor942 > 2021-06-04 11:06 | Report Abuse

short term I think can reentry now，by looking the chart，but I am not sure got what announcement

Posted by Predictor942 > 2021-06-04 11:07 | Report Abuse

nasdap drop 1 % only ...

Posted by Eugene96 > 2021-06-04 11:10 | Report Abuse

Not becaz of the GM on 3th June ?

Posted by Predictor942 > 2021-06-04 11:13 | Report Abuse

I think no, Agm give shareholders veryvery confident, u can try to see other stock, also drop more, I believed will up back, buy more now, very cheap price, CEO said that will dribble digit growth for next year

Posted by morivae > 2021-06-04 11:35 | Report Abuse

@icst1975, thanks for the update, especially no.5 as I thought the company was purchasing vacant land but now as mentioned it's ready build factory which could save up alot of time

Posted by Predictor942 > 2021-06-04 11:38 | Report Abuse

Yaya motivate, actually the prospect of company very nice one, dunno what happened to Us, but we should buy stock when promotion hahh, just now I brought again 2.93, now 3 above day, this is good stock when drop sure will up back

Posted by Predictor942 > 2021-06-04 11:49 | Report Abuse

short term trader fast fast buy now klci index recovered

Posted by Predictor942 > 2021-06-04 11:51 | Report Abuse

who throw ticket today，sure dun know how to read day chart，look back comment，I said yesterday，short term not to throw today but should yesterday，u ady lost the chance， why throw today， very funny，but I recommend u to hold for long term sure go Tp 5.5

Posted by mh87 > 2021-06-04 21:59 | Report Abuse

Tonight Nasdaq opens with big gap up..

Expecting a good week for Tech on next week..

Posted by Predictor942 > 2021-06-04 23:34 | Report Abuse

yaya expected 5.9but only 5.8, before this 6.1， this stock would go to 3.4 in next Tuesday

Posted by Raiz368 > 2021-06-04 23:37 | Report Abuse

Game over....wait for next round to goreng again

Posted by Predictor942 > 2021-06-05 10:40 | Report Abuse

@Raiz368 sure u are the person throw ticket yesterday hahah，Tuesday sure up u cant get cheap ticket hahahahh

Posted by Predictor942 > 2021-06-05 10:41 | Report Abuse

Us tech index upupup hahahah

Posted by TedTock > 2021-06-05 12:27 | Report Abuse

Strange stategy to avoid a reasonably solid company when prices are low

Posted by Targeted > 2021-06-05 16:21 | Report Abuse

https://www.taiwannews.com.tw/en/news/4216435

Posted by Predictor942 > 2021-06-06 01:37 | Report Abuse

kennot sleep, sad, my area become red, many ppl kena covid

Posted by Predictor942 > 2021-06-06 01:37 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/06/05/automakers-seen-to-bear-the-brunt-of-chip-shortage

Posted by Predictor942 > 2021-06-06 01:40 | Report Abuse

chip continue shortage... good for chip counter, bcs actually chip demand is suddenly increased especially in counter like amerika, its good, on the other hand, many ppl in chip factory I mean in other country kena covid sad

Posted by Predictor942 > 2021-06-06 01:41 | Report Abuse

In this news they said this shortage problem need a few year to solve, congralute to all shareholder frontken, would continue uptrend in this few year

Posted by Predictor942 > 2021-06-06 01:42 | Report Abuse

now I am worried... I heard many factory and cassino can open back in 10 june??? walao dun leh, many ppl kena covid, why open back