Posted by Profit77 > 2022-04-26 12:37 | Report Abuse

https://www.theedgemarkets.com/article/capacity-expansion-drive-frontkens-future-growth-says-hlib-research?type=corporate

Posted by Profit77 > 2022-04-26 12:42 | Report Abuse

Capacity expansion to drive Frontken’s future growth, says HLIB Research

By Izzul Ikram | theedgemarkets.com | 2022-04-26 12:25:29
KUALA LUMPUR (April 26): Frontken Corp Bhd’s Taiwan plant capacity expansion will drive the group’s future growth, according to Hong Leong Investment Bank (HLIB) Research.

In a note on Tuesday (April 26), HLIB analyst Tan J Young said Frontken’s Plant 2 Phase 1 expansion is expected to be completed by the first half ending June 30, 2022 (1HFY22), slightly ahead of its initially scheduled 2HFY22.

“Phase 2 and 3 extensions are expected to be completed by next year. Although Plant 2's land size is almost the same as Plant 1, the former’s production capacity can be more than double as new technology requires less floor space,” he added.

The HLIB analyst said that based on the latest corporate update, the research house opined that contributions from the Taiwan Plant 2’s Phase 1 expansion will lift Frontken's FY23 core net profit by 22%, while that of FY22 will remain unchanged.

Elsewhere, Tan said that Frontken is in negotiations with an original equipment manufacturer — an existing client in Taiwan — on a large volume-based project to support local foundries. He added that if the project materialises, further expansion will be required, for which it plans to repurpose idle space in its oil and gas (O

Posted by Profit77 > 2022-04-26 12:44 | Report Abuse

Capex (capital expenditure) for this project is estimated to be RM3.5 million to RM4 million, including the purchase of testing and measuring equipment. Labour issues have improved after Chinese New Year and it managed to hire some from China.

“The O

Posted by Profit77 > 2022-04-26 12:45 | Report Abuse

e O

Posted by Profit77 > 2022-04-26 12:46 | Report Abuse

e O

Posted by Profit77 > 2022-04-26 12:47 | Report Abuse

Sorry guys, something wrong with my phone. Could not cut and paste. Pls refer to the link above.

Posted by AkuOhsem > 2022-04-27 09:58 | Report Abuse

Relek lu.... Sap Kok Lu

Posted by petronasgloves > 2022-04-28 11:57 | Report Abuse

Reaching to RM 3 soon !

Posted by AkuOhsem > 2022-04-28 12:07 | Report Abuse

Relek lu.... Sap Kok Lu

Posted by staypositive > 2022-04-28 15:56 | Report Abuse

In addition to that, we are also actively looking and in
discussion to acquire new land for our next phase of
expansion as we envisage there will be more work from
our customers and that more space will be needed should
Plant 2 runs out of capacity. This also echoes a large
trend among chip manufacturers that are expanding their
production and manufacturing capacity to meet the huge
demand in the semiconductor space.

One fine day it will overtake Inari as most earning company in Malaysia @@

Posted by staypositive > 2022-04-28 16:37 | Report Abuse

Sap kok lu ~~~

Posted by imvu > 2022-04-29 03:19 | Report Abuse

adoi besok terlepas gap up limit up

Posted by bjgdila123 > 2022-04-29 08:02 | Report Abuse

kutip masa harga borong , nanti melepas tp 3.40

Posted by imvu > 2022-05-05 03:19 | Report Abuse

ohpening gap up limit up , terlepas kapal

Posted by imvu > 2022-05-05 08:51 | Report Abuse

2.790 peluang kutip kutip sebelum limit up , hari ni hijau

Posted by imvu > 2022-05-05 09:27 | Report Abuse

ini macam petang baru pump pom pump ?

Posted by staypositive > 2022-05-05 09:58 | Report Abuse

no volume? Malaysian investors semua takut becos heavily manipulated by operators

Posted by imvu > 2022-05-05 10:11 | Report Abuse

us market semalam 2 jam sebelum tutup baru jerung pump buat spike hijau limit up

Posted by AkuOhsem > 2022-05-05 10:14 | Report Abuse

Join Naik Kapal Chu Chu ~~~~~~~

Posted by SooHai > 2022-05-05 11:06 | Report Abuse

Weak momentum
Nothing to hope for

Posted by imvu > 2022-05-05 12:04 | Report Abuse

siap sedia petang rebound hijau

Posted by imvu > 2022-05-05 16:33 | Report Abuse

hari ni merah , petang tak jadi rebound , besok rebound hijau

Posted by hoot9e996 > 2022-05-05 16:42 | Report Abuse

sakit.....

Posted by hoot9e996 > 2022-05-05 23:21 | Report Abuse

esok lagi sakit!
muntah darah

Posted by imvu > 2022-05-06 03:44 | Report Abuse

besok bankrupt ?

Posted by hoot9e996 > 2022-05-06 08:45 | Report Abuse

ahhh typical opening after a red nasdaq

Posted by Glovetheng91 > 2022-05-06 08:51 | Report Abuse

US market extremely red these days, not sure how this will affect Frontken's public confidence

Posted by hoot9e996 > 2022-05-06 08:56 | Report Abuse

call it unlucky.... FED talk everyone expected it, no idea whats with all the overreaction.
they already say what they planned to do. market should have priced in
those big funds use this chance to push price down to scare weak holders out
or tech sector just overvalued, hence a price correction

Posted by Glovetheng91 > 2022-05-06 08:57 | Report Abuse

but tech has been dropping for months already, how "overvalued" can it be

Posted by hoot9e996 > 2022-05-06 09:00 | Report Abuse

prepared for like what happened in march, margin calls left and right.
maybe a good price to catch the dip

Posted by investmalaysia618 > 2022-05-06 10:10 | Report Abuse

bloodbath

Posted by staypositive > 2022-05-06 10:46 | Report Abuse

Aunty Cathie and her investors are the target. Big funds wanna bring her fund down :O

Posted by Histogram > 2022-05-06 15:44 | Report Abuse

The analogy is like you missed the train because got up late.. but after rushing to the station you noticed the train gostan back to the station and the feeling is euphoric for the late comer.. now we can move forward.

Posted by hoot9e996 > 2022-05-06 16:22 | Report Abuse

who knows maybe nasdaq rebound tonight, next week monday open gap up.
OR
nasdaq down again, a sea of red incoming
bear market vs KANGAROOO market

Posted by hoot9e996 > 2022-05-06 16:25 | Report Abuse

OVERALL, monday either GAP UP or GAP DOWN ...... put your bets!!!!
UP OR DOWN.............

Posted by David Coperfield > 2022-05-07 00:51 | Report Abuse

Woh! Will get ready shopping to grab the offer price ! let's go Dear

Posted by petronasgloves > 2022-05-09 12:59 | Report Abuse

RM3. RM3.... go go go

Posted by Glovetheng91 > 2022-05-09 23:38 | Report Abuse

whole market in cautious mode now including crypto, inflation fears. yet Frontkn QR still strong

Posted by ssboy > 2022-05-10 07:54 | Report Abuse

Gud luck, last night nasdaq drop 521 point....

Posted by staypositive > 2022-05-10 13:04 | Report Abuse

Historical Q1 (PAT in MIL RM)
2018: 6,304
2019: 15,404
2020: 17,007
2021: 22,914
2022: 26,515

Incredible

Posted by imvu > 2022-05-10 13:10 | Report Abuse

bawah 2.520 beli untuk rebound besok

Posted by CraZY INvesTOR > 2022-05-10 14:04 | Report Abuse

abis QR so little profit no QOQ growth , TP 1.50 better entry price.

Posted by imvu > 2022-05-11 18:05 | Report Abuse

masih maintain hari ni 2.530 , besok gap up limit up , billionaire

Posted by bjgdila123 > 2022-05-11 19:11 | Report Abuse

sapu sapu anytime lim8t up up

Posted by Glovetheng91 > 2022-05-12 11:04 | Report Abuse

news be like "Frontkn poised to record multi year earnings growth" but market be like "-3.95%" KNN

Posted by staypositive > 2022-05-12 11:27 | Report Abuse

We need all the dumb and new players to exit the market 1st

Posted by investmalaysia618 > 2022-05-12 14:18 | Report Abuse

multi year earnings growth also cannot fight with trend. the power of trend

Posted by staypositive > 2022-05-12 15:18 | Report Abuse

ya mann..

Posted by staypositive > 2022-05-12 22:56 | Report Abuse

20%

Posted by imvu > 2022-05-13 08:23 | Report Abuse

hari ni hijau limit up ?