pang72 The steep growth of new wafer fabs in the past two years has created strong demand for technologies and silicon proven SoC platform-based IP. With the rapid development of IOT and AI coupled with the severe shortage of chips and capacity across the board, the demand for technologies and Design IPs will continue to grow in the foreseeable future,” said Mr. Eg Kah Yee, Chairman and CEO of Key ASIC. 21/04/2021 5:48 PM
PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN KEY ASIC, PURSUANT TO THE GENERAL MANDATE OBTAINED FROM THE COMPANYS SHAREHOLDERS ("PRIVATE PLACEMENT")
We refer to the announcement made on 20 November 2020, 24 November 2020, 26 November 2020, 27 November 2020, 22 March 2021, 23 March 2021 and 31 March 2021 in relation to the Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.
On behalf of Key ASIC, TA Securities wishes to announce that the Board has on 21 April 2021 (“Price-fixing Date”) fixed the issue price for the Placement Shares at RM0.1602 each (“Issue Price”).
The Issue Price of RM0.1602 is at a discount of RM0.0178 or 10.0% to the 5-day volume weighted average market price of Key ASIC Shares up to and including 20 April 2021, being the last market day immediately preceding the Price-fixing Date, of RM0.1780 per Key ASIC Share.
The number of Placement Shares will be announced once it is finalised.
I'm probably the longest holder of this stock among you guys... in my portfolio are 600000 units with average price of 0.085 each..still not willing to let it go now..today's price retraction doesnt bother me at all.. i have been waiting all this long...so i won't mind to wait another long time
just my 2 cents suggestion. This counter just did a "Gravestone Doji" and I think it was trading above the 70% of RSI for the past 3 days and just broke below the 70% mark. On the technical chart, Meaning there is more downside in the short term. There is still plenty of sellers. I think should wait for indication that market have exhausted all sellers than can go in again. For now I think is a sell stock and take profit. I might be wrong.
Seems like Keyasic stole the limelight from Dnex, the Semiconductor theme play is now shifted to Keyasic, expect more uptrend in coming days/weeks to 60cts or 80cts??
KUALA LUMPUR: Key ASIC Bhd and UCrest Bhd have collaborated with Shanxi and Taiyuan city government on development of semiconductor industry in Taiyuan, China.
Extracted fr your article: However, Silterra’s business struggled from day one for a variety of reasons and saw numerous changes in CEOs. It has not been able to run efficiently, with staff costs alone at around RM130mil a year. Silterra reported a loss of a whopping RM172mil for its financial year ended Dec 31,2019.
Another key factor was the lack of an eco-system of related businesses in Malaysia, such as design houses and suppliers of materials and tools.
It went up to 29 cents in the morning. At 4pm it still stand 26cents. It only start to slip from 420pm onwards. The last 10 mins 4.35 to 4.45 it slipped down to 21 cent
There were lots of transaction at 26 cents. Since it only slipped from 420pm onwards I guessed it was just a normal profit taking which looked positive. Will expect it to rebound after short profit take in the beginning of opening bell.
Those who bought yesterday most probably will contra it off this morning. Hope for the best.
KUALA LUMPUR: Key ASIC Bhd and UCrest Bhd have collaborated with Shanxi and Taiyuan city government on development of semiconductor industry in Taiyuan, China.
tomorrow could limit up as big announcement next week as Mr.Eng said related to development of semiconductor industry in Taiyuan, China worth US$500mil?
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....
NawaMan
507 posts
Posted by NawaMan > 2021-04-21 17:54 | Report Abuse
Waahhh today volume 888mil is very good sign