Posted by asml_tsmc > 2021-09-29 13:49 | Report Abuse

The decline in share price is likely due to the knee-jerk reaction to the power outages which have affected China-based producers. The outages will only worsen the semiconductor shortage, increasing already record high IC chip lead times, and further increasing already higher semiconductor chip selling prices, which would of course benefit TSMC as the world's largest and most advanced foundry, and by extension Frontken which provides frontend semiconductor equipment precision cleaning services

The drop has triggered the buy-the-dip threshold (10% decline from most recent high) and have added position. With a Perpetual Growth Company like Frontken, buying every dip is feasible because it will continue to grow, and as long as it grows share price will follow, and this has proven to provide the best returns over time and over the long run

Posted by investmalaysia7777 > 2021-09-29 14:54 | Report Abuse

Well, for me is sell on strength and buy on weakness. of course its only applicable for good fundamental and growth company. Just like how I did for frontken. Sold most of my holdings at 3.99. and now starting to buy back batch by batch.

Posted by investmalaysia7777 > 2021-09-29 15:39 | Report Abuse

no one can 100% predict the movement. so just allocate capital properly will do.

Posted by pampers > 2021-09-29 16:09 | Report Abuse

Wah, now yu_and_mee finally bought frontken ar..
Many many yrs ago, u kept doubting fronknt wor, asked u don't wait but u said too high... but investing is a learning process , glad u come to your sense.

Posted by asml_tsmc > 2021-09-30 09:47 | Report Abuse

https://www.cnbc.com/2021/09/29/asml-predicts-sales-boom-as-demand-for-chip-making-machines-surges.html

Critical chip machine maker ASML predicts a sales boom over the next decade
PUBLISHED WED, SEP 29 20216:01 AM EDTUPDATED 30 MIN AGO

KEY POINTS
- The Dutch company now expects annual revenue to hit 24-30 billion euros ($28-$35 billion) by 2025, with gross margins up to between 54% and 56%.

- The prediction is significantly higher than the 15-24 billion euro range it had previously forecast.

- “We see significant growth opportunities beyond 2025,” the company said, adding that it expects to achieve an annual revenue growth rate of around 11% between 2020 and 2030.

/

The Dutch company, which makes the lithography equipment that’s used to produce the world’s most advanced chips, said in a statement on its investor day that it now expects annual revenue to hit 24-30 billion euros ($28-$35 billion) by 2025, with gross margins up to between 54% and 56%.

The prediction is significantly higher than the 15-24 billion euro range it had previously forecast.

“We see significant growth opportunities beyond 2025,” the company said, adding that it expects to achieve an annual revenue growth rate of around 11% between 2020 and 2030.

/

ASML said “global megatrends in the electronic industry” coupled with “a highly profitable and fiercely innovative ecosystem” are expected to continue to fuel growth across the semiconductor market.

It added that growth in semiconductor markets and “increasing lithography intensity” are driving demand for its products and services.

Headquartered in Veldhoven, ASML is the only company in the world capable of building the sophisticated machines that chip manufacturers need to make the most advanced chips. These chips are faster and more efficient than their predecessors.

Customers of ASML include Samsung and Taiwan Semiconductor Manufacturing Co., which makes chips for the likes of Apple.

/

ASML’s importance
“ASML is absolutely critical to the entire semiconductor ecosystem,” Peter Hanbury, a partner at management consultancy Bain & Company with a focus on semiconductors, told CNBC in June. “In some ways, it’s just as important as TSMC.”
/
The company stands to benefit as chipmakers invest heavily in new facilities and equipment as part of an effort to meet surging demand. TSMC, for example, has pledged to spend $100 billion in the next three years to expand its capacity and alleviate the current bottlenecks.

Posted by The Market > 2021-09-30 15:54 | Report Abuse

中國限電潮席捲20省衝擊台商習近平減碳令地方擺爛掀「電力政變」！
China’s power rationing wave swept through 20 provinces, hitting Taiwanese businessman Xi Jinping’s carbon reduction, causing the locals to put up a "power coup"!

https://youtu.be/A7z5dlHjamI

Posted by heeroyuy_chong > 2021-09-30 17:03 | Report Abuse

450pm big volume throw frontken ? down to 3.61

Posted by InterFund > 2021-09-30 17:29 | Report Abuse

Off market transaction RM316.02 million at RM3.45...................... who is buying..........................?

Posted by newbie2y > 2021-09-30 19:01 | Report Abuse

yes. very likely due to portfolio rebalancing/index rebalancing activities, if u noticed that today is 30-Sept, last day of the quarter..

Posted by staypositive > 2021-09-30 19:09 | Report Abuse

Now just wait for 3rd week of Oct for Nasdaq tech stocks to release QR and Nov for Frontkn :)

Posted by staypositive > 2021-09-30 19:10 | Report Abuse

Stock market is controlled by the rich. All we do is stay invisible =D

Posted by abusabbath > 2021-10-01 09:54 | Report Abuse

what thats mean, can i hold it? or sell to other...

Posted by staypositive > 2021-10-01 18:02 | Report Abuse

who got so many shares to panic sell? =O

Posted by InterFund > 2021-10-01 18:45 | Report Abuse

Still in ascending channel.............

Posted by The Market > 2021-10-02 00:28 | Report Abuse

末日博士早預言「滯脹」危機？大陸「限電」掀全球「漲價」風暴？

Dr. Doomsday predicted a "stagflation" crisis? Mainland China's "power curtailment" set off a global "price increase" storm?

https://youtu.be/_4zoZuY5QO8

Posted by Jack888 > 2021-10-03 21:36 | Report Abuse

Its time to accumulate more ? see this coming few days market.

Posted by asml_tsmc > 2021-10-04 09:03 | Report Abuse

https://www.cnbc.com/2021/10/03/semiconductor-chip-shortage-could-extend-through-2022-marvell-ceo.html

Semiconductor chip shortage could extend through 2022, Marvell CEO says
PUBLISHED SUN, OCT 3 2021 10:18 AM EDT

KEY POINTS
- The “painful period” of the semiconductor chip shortage could extend beyond 2022, Marvell Technology CEO Matt Murphy said during a CNBC Technology Executive Council event on Thursday.

- Other chip industry executives, such as AMD CEO Lisa Su, have signaled that additional manufacturing capacity will begin addressing those issues next year.

- The shortage has harmed several sectors, but perhaps no more than the automotive industry where production has been slowed due to a lack of chips, leading to drops in sales.
/
While several chip producers have announced plans to expand factory capacity, Murphy, who noted his firm is fabless and works with contract manufacturers on its designs, said “that’s not going to kick in until 2023 and 2024 — so there’s this painful period.”
/

Posted by morivae > 2021-10-04 10:18 | Report Abuse

took profit, awaiting another chance to collect the sons

Posted by Moneycometome > 2021-10-05 00:17 | Report Abuse

I hope TSMC will not hv the same fate as Toshiba's last time.

Posted by starsherpa > 2021-10-05 06:27 | Report Abuse

@Moneycometome - why made you think about Toshiba?

Posted by abusabbath > 2021-10-05 09:36 | Report Abuse

why shareholder dispose all their share?

Posted by Moneycometome > 2021-10-05 09:53 | Report Abuse

@starsherpa I used to read Chinese news, just now tried to find English version, surprisingly not much related news. Below is Youtube link for Toshiba history when got penalty from US
https://youtu.be/4o488OGKHN0

Recently US gov instructed overseas semicon players including TSMC, Samsung, ASML to submit client info for purpose to understand the supply issue of chips.
https://youtu.be/HAxaNHd7E7g

You can try find the relevant news in English perhaps

Posted by cheeseburger > 2021-10-05 10:02 | Report Abuse

the chip price going to rise with power crisis in China.

Posted by asml_tsmc > 2021-10-05 10:18 | Report Abuse

https://www.theedgemarkets.com/article/global-semiconductor-sales-297-yoy-august-us472b-says-sia

Global semiconductor sales up 29.7% y-o-y in August to US$47.2b, says SIA

October 05, 2021 10:07 am +08

KUALA LUMPUR (Oct 5): Global semiconductor industry sales rose 29.7% year-on-year (y-o-y) in August 2021 to US$47.2 billion (about RM197.27 billion) from US$36.4 billion a year earlier, said the US-based Semiconductor Industry Association (SIA).

In a statement on its website on Monday, the SIA said the figure was 3.3% more than the July 2021 total of US$45.7 billion.

Posted by staypositive > 2021-10-05 10:58 | Report Abuse

The world need to stand up and unite as one against the USA...

Posted by morivae > 2021-10-05 11:56 | Report Abuse

@Moneycometome, nah TSMC would still survive as the US is asking for their trade secret instead of the manufacturing secrets.

It might lose some bargaining powers but it still keep their manufacturing advantage. So rest assured, but then TSMC recent stock price is quite miserable

Posted by Moneycometome > 2021-10-05 14:33 | Report Abuse

@morivae 千里之堤，溃于蚁穴。today can ask for trading info, tmr who knows can ask for what info

Posted by morivae > 2021-10-05 15:27 | Report Abuse

Hahaha, if the government ask for their manufacturing secret then maybe can consider selling TSMC and buy into Intel...:p

Posted by staypositive > 2021-10-05 16:52 | Report Abuse

Raimondo must have had a lot of shares in Intel and Ford.. :O haha US wants fair competition but threaten competitors

Posted by abusabbath > 2021-10-06 09:57 | Report Abuse

berat stock ni...naik bukit slow...

Posted by aarowsiewkh > 2021-10-06 11:39 | Report Abuse

up up !!!

Posted by asml_tsmc > 2021-10-06 11:50 | Report Abuse

Frontken is the only true frontend semiconductor stock on Bursa. The others are backend or other downstream players. Also the others are benefitting from the one-off semiconductor shortage in the automotive / EV sector, causing prices to rise exponentially, which based on the many examples, are bound to normalise. TSMC's leading edge process nodes which makes up a majority of its revenue, serve the high-end 5G smartphones and HPC, and is thus not much exposed to the one-off profits

Frontken the Perpetual Growth Company

Posted by AbangRedTea > 2021-10-06 21:19 | Report Abuse

Frontken not only involved in semiconductor, it got serving oil and gas business also. Oil and gas price rise will benefit frontken also.

Posted by asml_tsmc > 2021-10-06 21:57 | Report Abuse

https://www.digitimes.com/news/a20211006VL201.html

TSMC to expand capacity for both advanced and mature nodes
DIGITIMES staff
Wednesday 6 October 2021

TSMC to expand 7nm and 28nm fab capacities: TSMC is poised to comprehensively expand production capacities for both its 7nm and 28nm process technologies, in addition to its planned 5nm process expansion, which may prompt the foundry to raise again its capex outlook this year, according to industry sources.

Posted by Cakes Moon > 2021-10-07 13:35 | Report Abuse

Better take profit on strength before fed meeting on tapering early next month.

Posted by staypositive > 2021-10-07 14:20 | Report Abuse

If you are investing, then no point timing the market.

Posted by investmalaysia7777 > 2021-10-07 15:51 | Report Abuse

add back some frontken. good luck everyone

Posted by ali baba > 2021-10-08 18:54 | Report Abuse

https://www.channelnewsasia.com/business/tsmc-and-sony-eye-joint-chips-factory-japan-govt-help-nikkei-2230916

Posted by investor2021trading > 2021-10-08 19:55 | Report Abuse

i keep wondering what business relationship has Frontkn with TSMC?

Posted by ali baba > 2021-10-08 21:18 | Report Abuse

TSMC sept monthly revenue is the highest so far in 2021. It recorded 152,685 Million NTD.
Last month was 137,427 Million NTD.
MoM increase by 11%.

More to come guys.

Posted by staypositive > 2021-10-08 21:23 | Report Abuse

@alibaba that's crazy good

https://investor.tsmc.com/english/monthly-revenue/2021

Posted by IWResources > 2021-10-09 12:09 | Report Abuse

Sometime we dispose to buy something new or invest business. Same like what the director do.

Posted by InvesterD > 2021-10-11 15:53 | Report Abuse

i wonder who bought that 42.8 mil shares disposed? Is it open market?

Posted by staypositive > 2021-10-11 15:54 | Report Abuse

Bye paperhands, we are building base and taking off soon

Posted by Cipta > 2021-10-11 19:47 | Report Abuse

Fronkon is a vendor for some semicon customer technically they are not semicon manufacturer

Posted by investmalaysia7777 > 2021-10-13 10:23 | Report Abuse

https://www.theedgemarkets.com/article/apple-likely-slash-iphone-13-production-due-chip-crunch-bloomberg-news

Posted by investmalaysia7777 > 2021-10-13 10:24 | Report Abuse

Frontken and TSMC going to run at full capacity for quite some time

Posted by MonsterMomo > 2021-10-14 10:14 | Report Abuse

Consolidation completed. Engine started. Taking off soon.

Posted by asml_tsmc > 2021-10-14 13:56 | Report Abuse

https://www.reuters.com/technology/taiwans-tsmc-posts-138-rise-q3-profit-global-chip-demand-surge-2021-10-14/

Taiwan's TSMC posts 13.8% rise in Q3 profit on global chip demand surge
October 14, 2021 | 1:50 PM +08
Last Updated 3 minutes ago

- Q3 profit T$156.3 bln vs T$149 bln market forecast
- Q3 revenue up 22.6% on year in U.S. dollar terms

TAIPEI, Oct 14 (Reuters) - Taiwan chip giant TSMC (2330.TW) posted a 13.8% jump in third quarter profit on Thursday on the back of booming demand for semiconductors to power smartphones and other gadgets during the COVID-19 pandemic amid a supply crunch.

July-September net profit for TSMC, the world's largest contract chipmaker and a key supplier to Apple Inc (AAPL.O), came in at T$156.3 billion ($5.56 billion), well ahead of the T$149 billion average of 22 analyst estimates compiled by Refinitiv.

Advanced chips made by TSMC, formally known as Taiwan Semiconductor Manufacturing Co , are used in everything from high-end smartphones like Apple's newly unveiled 5G iPhone 13, to artificial intelligence, cars and a wide variety of lower-end consumer goods.

Posted by investmalaysia7777 > 2021-10-14 14:06 | Report Abuse

https://www.theedgemarkets.com/article/taiwans-tsmc-posts-138-rise-q3-profit-global-chip-demand-surge