Posted by asml_tsmc > 2021-08-26 13:34 | Report Abuse

The measure to follow would be TSMC's business (i.e. profitability) not TSMC's share price

If you track share price movements, Frontken's has diverged from TSMC's. TSMC has underperformed (especially recently) due to China's clampdown on Tech companies (TSMC may be in Taiwan, but we know Taiwan-China-US have an uneasy relationship, causing spillover to TSMC)

If you are looking at share price correlation, then Frontken's movement is more similar to semiconductor equipment manufacturers (see: ASML), and it makes sense after all Frontken services these equipment (front-end semiconductor)

Posted by newbie8080 > 2021-08-27 16:33 | Report Abuse

But ASML and frontken in different segment even though both are related to semiconductor

Posted by wallstreetrookie > 2021-08-28 05:28 | Report Abuse

US Nasdaq is very unhealthy today. Swing traders take note

Posted by investor2021trading > 2021-08-31 10:01 | Report Abuse

Frontkn-WB up 5.41%

Posted by investortrader88 > 2021-08-31 14:38 | Report Abuse

Top 25 shareholders own 66.77% of Frontken Corporation Berhad


Dymon Asia Capital (Singapore) Pte. Ltd.
20.42%

Keng Thye Ooi
15.64%

Public Mutual Berhad
4.6%

Chew Giap Cheng
3.51%

AIA Investment Management Private Limited
2.77%

The Vanguard Group, Inc.
2.38%

Kenanga Investors Berhad
2.25%

Acadian Asset Management LLC
1.46%

Lembaga Tabung Haji, Endowment Arm
1.43%

Kumpulan Wang Persaraan
1.33%

Tokio Marine Asset Management Co., Ltd.
1.16%

BlackRock, Inc.
1.05%

Principal Global Investors, LLC
0.94%

Kiang Tay
0.9%

Employees Provident Fund of Malaysia
0.76%

Baring Asset Management Limited
0.72%

State Street Global Advisors, Inc.
0.69%

Dimensional Fund Advisors L.P.
0.69%

Kenanga Islamic Investors Berhad
0.65%

Wai Pin Ng
0.64%

PMB Investment Berhad
0.64%

UOB-OSK Asset Management Sdn. Bhd.
0.6%

Citigroup Inc.,Banking and Securities Investments
0.59%

Affin Hwang Asset Management Berhad
0.49%

Matthews International Capital Management, LLC
0.46%

Posted by investortrader88 > 2021-08-31 14:38 | Report Abuse

https://www.nst.com.my/business/2021/08/722575/foreign-investors-are-bursas-net-buyers-again

Posted by Aizai > 2021-08-31 20:38 | Report Abuse

https://news.mydrivers.com/1/780/780052.htm

Posted by Cakes Moon > 2021-09-02 16:28 | Report Abuse

What happen!!!

Posted by asml_tsmc > 2021-09-02 16:50 | Report Abuse

https://www.taipeitimes.com/News/biz/archives/2021/09/01/2003763554

Chip crunch to further lift foundries’ revenue in Q3
By Lisa Wang / Staff reporter
Wed, Sep 01, 2021 page12

The world’s top 10 foundries, led by Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), are expected to see accelerated revenue growth this quarter, as a persistent chip crunch drives prices even higher, market researcher TrendForce Corp (集邦科技) forecast yesterday.

The Taipei-based researcher expects the top 10 foundries’ sequential revenue growth this quarter would outpace the 6.2 percent growth they posted last quarter.
--
TSMC’s revenue increased 3.1 percent quarter-on-quarter to US$13.3 billion last quarter, which gave it a market share of 52.9 percent, TrendForce said.

TSMC’s revenue growth lagged behind the other foundries in the top 10 list because of its stable pricing strategy and capacity losses after a power outage at its Fab14 P7 in the Southern Taiwan Science Park (南部科學園區) in April and a brief production disruption when the Singda Power Plant (興達電廠) in Kaohsiung temporarily went offline in May.

Samsung Electronics Co ranked the second-biggest foundry in the world with a market share of 17.3 percent.

The South Korean company’s revenue expanded 5.5 percent quarterly to US$4.33 billion after its fab in Texas resumed full production in April after a winter storm in February brought its production to a halt.

United Microelectronics Corp (聯電) ranked third with a market share of 7.2 percent.

The Taiwanese company’s revenue climbed 8.5 percent quarterly to US$1.82 billion last quarter, benefiting from strong customer demand for power management ICs, Wi-Fi and driver ICs used in OLED products, as well as a 5 percent price hike, TrendForce said.
--

Posted by Goku88 > 2021-09-02 16:59 | Report Abuse

In Precision Cleaning we trust =)

Posted by AlexT12 > 2021-09-02 21:21 | Report Abuse

profit taking. wait for another round.

Posted by Goku88 > 2021-09-03 10:38 | Report Abuse

Top up this morning, happy Friday to all Frontken comrades :)

Posted by staypositive > 2021-09-03 13:36 | Report Abuse

Nice nice :)

Posted by staypositive > 2021-09-03 23:36 | Report Abuse

TSMC to the moon. Thank you TSMC brings Frontkn more fortune!

Posted by investmalaysia7777 > 2021-09-06 12:31 | Report Abuse

https://www.theedgemarkets.com/article/mercedes-boss-warns-chip-shortage-wont-just-go-away-next-year

Posted by Goku88 > 2021-09-06 14:01 | Report Abuse

Gd afternoon comrades, Frontken is up back again. Happy Monday folks, wish everyone have a great day ahead :)

Posted by Goku88 > 2021-09-06 14:23 | Report Abuse

Tech counters bounce back today after some correction last week, good good

Posted by SpicyMcDeluxe > 2021-09-06 15:30 | Report Abuse

kekw

Posted by investmalaysia7777 > 2021-09-06 16:05 | Report Abuse

https://www.theedgemarkets.com/article/qualcomm-says-it-will-supply-chip-new-renault-electric-vehicle

Posted by investmalaysia7777 > 2021-09-06 16:05 | Report Abuse

another ssmc client

Posted by investmalaysia7777 > 2021-09-06 16:05 | Report Abuse

tsmc

Posted by Cakes Moon > 2021-09-06 16:42 | Report Abuse

Walao!!!
Today +6.44%

Posted by Goku88 > 2021-09-06 17:11 | Report Abuse

up dy suddenly more comments, else i alone comment here today hehehe

Posted by Goku88 > 2021-09-06 17:28 | Report Abuse

So many new clients cum orders, I don't know how Frontken going to cope with that next years hehe..

Posted by asml_tsmc > 2021-09-06 17:39 | Report Abuse

https://koreajoongangdaily.joins.com/2021/09/03/business/tech/Samsung-Electronics-TSMC-foundry/20210903183400488.html

[EXCLUSIVE] Samsung raises foundry chip prices for Qualcomm, Tesla
Friday, September 3, 2021

Samsung Electronics has notified key clients of price increases of up to 20 percent for contract chip fabrication, following hikes by Taiwanese rival TSMC that are some of the steepest in its history.

“Samsung Electronics sent a notice of unilateral price hikes on chip products last month to include all of its foundry clients -- from Qualcomm and Tesla to smaller local chipmakers,” said a sales executive from a Seoul-based chipmaker whose company received the notification.

The source said price increases of up to 20 percent will be charged starting early next year.
“The maximum rate suggested is 20 percent, but specific rates for each company could differ depending on the type of chip after each party negotiates,” the source said.
/

In Moore We Trust

Posted by staypositive > 2021-09-06 17:41 | Report Abuse

Those ppl keep chasing small cap not profitable companies, we steadily accumulate here kiki

Posted by edwin1002 > 2021-09-06 19:00 | Report Abuse

who know which company semiconductor close due to covid in johor?

Posted by Aizai > 2021-09-07 03:50 | Report Abuse

https://m.mydrivers.com/newsview/781530.html?ref=android-app%3A//com.google.android.googlequicksearchbox/

Posted by Haziq Nazri > 2021-09-07 07:06 | Report Abuse

today 3.70?

Posted by Goku88 > 2021-09-07 08:43 | Report Abuse

Morning comrades, let's see if today can break the immediate resistance of 3.46, chart looks good so far.. next will be 3.65, which is still far from target price of 3.88.

Posted by Goku88 > 2021-09-07 08:49 | Report Abuse

The world’s largest chipmaker Taiwan Semiconductor Manufacturing Company (TSMC) has overtaken Chinese tech behemoth Tencent to become Asia’s most valuable firm.

Chipmaker TSMC, has gotten a boost as the world faces a global semiconductor shortage driven by supply chain disruptions due to the pandemic, along with a surge in demand from industries such as automobiles and data centers.

TSMC said earlier this year it plans to invest $100 billion over the next three years to increase capacity, according to Reuters.

https://www.cnbc.com/2021/08/18/taiwan-tsmc-valuation-overtakes-tencent-amid-chinas-tech-crackdown.html?&qsearchterm=tsmc

Posted by investmalaysia7777 > 2021-09-07 10:04 | Report Abuse

More and more products will require chips to operate. Nothing to worry at all.

Posted by Goku88 > 2021-09-07 10:56 | Report Abuse

Yup keeping it long term will be rewarding, patience always pays off :)

Posted by staypositive > 2021-09-07 13:46 | Report Abuse

https://tw.stock.yahoo.com/news/%E5%8D%8A%E5%B0%8E%E9%AB%94-%E5%82%B3%E9%AB%98%E9%9B%84%E8%A8%AD7%E5%A5%88%E7%B1%B3%E5%BB%A0-%E5%8F%B0%E7%A9%8D%E9%9B%BB-%E4%B8%8D%E6%8E%92%E9%99%A4%E5%8F%AF%E8%83%BD%E6%80%A7-024848670.html

More factories in Taiwan! Tainan, nearer to Are Green also, cost effective to the max

Posted by Oliver Ooi > 2021-09-07 17:06 | Report Abuse

big boys step in, huge bulk buying at end of morning session. it seem like the momentum and upward trend are coming. hold tight

Posted by zolasteven > 2021-09-07 23:22 | Report Abuse

hopefully can start to trend up

Posted by Goku88 > 2021-09-08 09:08 | Report Abuse

Yes big players are for sure eyeing on Frontken now... happy Wednesday Frontken comrades :)

Posted by investmalaysia7777 > 2021-09-08 09:20 | Report Abuse

https://www.theedgemarkets.com/article/intel-set-aside-production-ireland-auto-chips

By 2030, more than 20% of the cost to build premium cars will be from chips, up from the current 4%, Gelsinger said.

Posted by investmalaysia7777 > 2021-09-08 09:21 | Report Abuse

very big and bright future. 20% of cost will be from chips. Huge market for TSMC

Posted by pampers > 2021-09-08 10:38 | Report Abuse

Most likely it will hit $4 within a month

Posted by runbin99 > 2021-09-08 10:43 | Report Abuse

vroom vroom, everyone buckle up!!! frontken!!! up99

Posted by Goku88 > 2021-09-08 11:10 | Report Abuse

Finally i heard noise from my Frontken comrades, there's more like it :)

Posted by Cakes Moon > 2021-09-08 11:12 | Report Abuse

The future is bright!!!

Posted by Goku88 > 2021-09-08 11:18 | Report Abuse

Yes! Frontken is the future... TSMC is the future!

Posted by investortrader88 > 2021-09-08 11:25 | Report Abuse

Fly higher !

Posted by xuxu > 2021-09-08 11:44 | Report Abuse

finally achieved my tp, sold some

Posted by Goku88 > 2021-09-08 12:01 | Report Abuse

Chip prices set to rise into 2022 as TSMC hikes rates

TAIPEI/HSINCHU, Taiwan -- The price of chips -- and the electronic devices they power -- are on track to rise into 2022 as the world's biggest contract chipmaker joins its rivals in ramping up production fees.

Prices of semiconductors have been climbing since the last quarter of 2020 amid a global supply crunch. But news that Taiwan Semiconductor Manufacturing Co. was preparing its biggest price hike in a decade still came as a shock to some, bringing home just how entrenched chip price inflation has become.

TSMC controls over half the global foundry market, making chips for the likes of Apple, Nvidia and Qualcomm. Known for its cutting-edge tech and high quality, the Taiwanese company normally commands production fees around 20% higher than its rivals, according to industry insiders.

https://asia.nikkei.com/Business/Tech/Semiconductors/Chip-prices-set-to-rise-into-2022-as-TSMC-hikes-rates

Posted by Goku88 > 2021-09-08 12:04 | Report Abuse

The Taiwanese giant’s 5nm chip production facilities are running at full capacity while 3nm orders are booked.

https://techwireasia.com/2021/08/the-5nm-and-3nm-chips-by-tsmc-are-maxed-out-what-happens-next/

Posted by investmalaysia7777 > 2021-09-08 12:23 | Report Abuse

Wow, seems like frontken need to increase their capacity to cope with TSMC orders

Posted by Goku88 > 2021-09-08 12:28 | Report Abuse

They have already purchased new facility in Taiwan to double up their capacity & double their earnings. With the price hike, the margin for profit will be increase as well..

https://www.thestar.com.my/business/business-news/2021/07/13/taiwan-facility-to-galvanise-frontken-earnings