Posted by Whiteytey > 2021-03-02 01:13 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/03/01/tremendous-earnings-growth-for-kelington-in-fy21-says-kenanga

Posted by dawchok > 2021-03-03 10:32 | Report Abuse

Top up again today. Good luck to myself.

Posted by cckiong > 2021-03-03 10:59 | Report Abuse

The market has spoken. Standard life Aberdeen has spoken. U?

Posted by Nepo > 2021-03-03 11:32 | Report Abuse

Grab this opportunity to top up some this morning
Buy this counter you wont be wrong. Next few QR is promising.

Posted by Nepo > 2021-03-03 11:34 | Report Abuse

SMIC Tender Finally Open
After much delay, SMIC (which accounts for c.30% of order book as of end 3Q20) has opened the tender to shortlist the contractor for its 2021 work. The bidding results are expected to be known by early March 2021. The tender for 2021 is for 4 fabs worth a total estimated value of RMB100m (RM60-65m).

Posted by Nepo > 2021-03-03 12:45 | Report Abuse

https://www.cnbc.com/2021/03/02/china-semiconductor-maker-smic-could-be-a-winner-from-global-chip-shortage.html

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

SMIC obtains U.S. license! A major breakthrough! The 14nm&28nm process production is back to normal!
https://www.youtube.com/watch?v=cdJRfRg5sJE&feature=youtu.be

Posted by ShadowSlaYer > 2021-03-03 16:19 | Report Abuse

Nice share Nepo! This is super positive! Topped up this morning. RM3 not a dream, RM4 by mid-year.

Posted by jianeric16 > 2021-03-03 17:19 | Report Abuse

Should be halal contract coming

Posted by chai2145 > 2021-03-03 18:23 | Report Abuse

Rm3

Posted by Leonggg > 2021-03-03 19:40 | Report Abuse

Yes, I also top up this morning, saw the opportunity haha but why morning session drop so much?

Posted by Blesskiss > 2021-03-03 20:49 | Report Abuse

Buy in . No worry

Posted by Nepo > 2021-03-03 21:58 | Report Abuse

SMIC reportedly gets US license to purchase chip-making equipment
https://www.globaltimes.cn/page/202103/1217089.shtml

Posted by Nepo > 2021-03-04 11:23 | Report Abuse

(March 3): ASML Holding NV has extended a deal to sell chip manufacturing equipment to Semiconductor Manufacturing International Corp, China's largest chipmaker, until the end of this year, the Dutch company said in a statement on Wednesday.

In its statement on Wednesday, ASML said the volume purchase deal with SMIC related to an older technology called deep ultraviolet lithography, or DUV.

https://www.theedgemarkets.com/article/asml-extends-sales-deal-chinese-chipmaker-smic-end-2021

Posted by Dragon88 > 2021-03-04 16:08 | Report Abuse

why drastic drop today ?

Posted by dawchok > 2021-03-04 16:11 | Report Abuse

Bought KGB again at 2.15 just minute ago.

Posted by fregend > 2021-03-04 16:14 | Report Abuse

who dumping? something not right

Posted by smallprawn > 2021-03-04 16:34 | Report Abuse

AMBANK yesterday only kena -17% with the 1MDB. Any news on KGB? 2MDB????

Posted by pekanwoohoo > 2021-03-04 16:48 | Report Abuse

gg.com who still holds

Posted by mjong99 > 2021-03-04 16:53 | Report Abuse

Bought the closing dip

Posted by cckiong > 2021-03-04 16:53 | Report Abuse

The big funds are selling.

Posted by smallprawn > 2021-03-04 16:55 | Report Abuse

Selling is fine provided no RSS... Anyone able to advise whether any RSS today? Thank-you

Posted by trader101 > 2021-03-04 16:57 | Report Abuse

today no RSS

Posted by smallprawn > 2021-03-04 17:00 | Report Abuse

@trader101 Thank you so much, then i don't mind holding for mid long term.

Posted by trader101 > 2021-03-04 17:02 | Report Abuse

let see tomorrow

Posted by gemfinder > 2021-03-04 17:11 | Report Abuse

bad sign....

Posted by Kc1154 > 2021-03-04 17:13 | Report Abuse

Today scary drop. Big bos talk big recently. People jump in when see price up. Then he throw. And wait for it to drop

Posted by vespa > 2021-03-04 17:15 | Report Abuse

Not a good sign

Posted by LOLANTO > 2021-03-04 17:30 | Report Abuse

for no reason the price drop, it must be a shakeout

Posted by smallprawn > 2021-03-04 17:55 | Report Abuse

Shake the tree?

Posted by Leonggg > 2021-03-04 17:57 | Report Abuse

Well played KGB y drop so much agn, I top up again as well today at 2.14

Could really use a bit of advice or point of view from @dawchok @Nepo haha haiz hopefully cn reach rm3.10

Posted by Leonggg > 2021-03-04 18:55 | Report Abuse

Alright @shorter thank you for the explanation, hopefully it will fly as u mentioned

Posted by Nepo > 2021-03-04 21:40 | Report Abuse

I agree with @Lolanto for no reason it dropped with no support.
Don't panic and hold strong. I suspect it is a shaking strategy to wash out the weak holders.

Posted by KPH5328 > 2021-03-04 22:42 | Report Abuse

Dip with volume, not a good sign. Likely Aberdeen continues to reduce their position due to stretched valuation, sold 773k shares on 2ndMar

Posted by vespa > 2021-03-04 23:38 | Report Abuse

This could be why! Politics

Exclusive: Amid shortage U.S. suppliers to Chinese chip giant SMIC struggle to get export licenses
Author: Tan KW | Publish date: Thu, 4 Mar 2021, 11:30 PM

The U.S. government has been slow to approve licenses for American companies like Lam Research and Applied Materials to sell chipmaking equipment to China semiconductor giant SMIC, several sources said, as the impact from global shortage spreads.

Licenses for U.S. suppliers to ship much of an estimated $5 billion dollars' worth of parts and components still have not come through, industry sources said, though many companies sought them soon after the company was blacklisted in December. Certain licenses have been granted, including for small numbers of expensive equipment in recent days.

As policy shifts under President Joe Biden, who took over from Donald Trump in January, U.S. government agencies led by new appointees still haven't completely decided what should be sold to Semiconductor Manufacturing International Corp, which produces chips for Qualcomm and other American companies.

The Trump administration placed SMIC on the U.S. Department of Commerce's entity list over concerns of SMIC aiding China's military.

The listing, which requires U.S. suppliers to get a license before shipping goods to SMIC, is unusual because it says most products should be granted on a case-by-case basis. However, equipment that can be used to make only the most advanced, 10 nanometer and smaller chips is likely to be denied licenses.

The administration is supposed to make decisions on license applications within a month, but follow-up questions stop the clock.

"Lam Research is still in the application process and has not yet received a response," a Fremont, California, company spokeswoman said on Wednesday.

Applied Materials' chief financial officer said in a February 18 earnings call their forecast did not assume licenses would come through. A spokesman for the Santa Clara, California based company declined further comment on the licenses this week.

SMIC did not respond to requests for comment, but the company has said it provides services solely for civilian and commercial end users and that it has no ties to the Chinese military.

Decisions on licenses have been held up as officials ask follow-up questions about applications in part to determine whether the parts or components could be diverted for use in producing items 10 nm or smaller, sources said.

Washington trade lawyer Giovanna Cinelli said many license applications have resulted in "a lot of back and forth, which has elongated the period of review."

In a statement, a Commerce Department official dismissed the possibility that curbs on SMIC could contribute to the chip shortage, noting that the shortfall was tied to older technologies while SMIC restrictions relate to leading edge technology. The statement did not address the potential impact of delays in licenses for older technology.

SMIC, the largest foundry in mainland China, is an important player in the global semiconductor supply chain, which is under pressure as pandemic lockdowns drive up demand for electronics such as laptops and phones. Last month, it said it could not meet customer demands for certain technologies and its plants have been running "fully loaded" for several quarters.

SMIC's technological capabilities lag far behind cutting-edge foundries like industry leader Taiwan Semiconductor Manufacturing Co, according to industry sources.

Companies like Applied Materials and Lam Research, two key suppliers of production equipment, submitted numerous license applications to sell to the company. The bulk have not yet been acted on, industry sources said.

A spokeswoman for Entegris, a Massachusetts company that submitted license applications to sell to SMIC, told Reuters late Wednesday that it had received its first license within the past week.

Other companies that ship to SMIC include California's KLA Corp and Axcelis Technologies in Massachusetts. A KLA spokeswoman declined to comment on licenses, and while Axcelis's CEO spoke of "uncertainty" related to its licenses on Feb. 11th, a company spokeswoman declined to provide an update.

Qualcomm, which uses the Chinese foundry to produce chips with decades-old technology, put in applications for tools SMIC needs to produce them, just in case equipment makers don't get theirs, an industry source said. But they have not come through yet, the source added.

In September, SEMI, a worldwide industry group, said in a draft letter seen by Reuters that SMIC accounts for as much as $5 billion in annual U.S. sales.

Posted by vespa > 2021-03-04 23:39 | Report Abuse

Aberdeen must had a whiff of this news

Posted by INVEST_AA > 2021-03-05 09:11 | Report Abuse

Don't worry guys. Demand for chips still high moving forward.. All the fab manufacturer will be expanding. Hence there will be plenty of contracts in near terms... Good chance to collect...

Posted by rururunnn > 2021-03-05 09:17 | Report Abuse

they loss smic contract...

Posted by INVEST_AA > 2021-03-05 09:17 | Report Abuse

There are plenty of other contracts to win this year as all fabs expanding..

Posted by INVEST_AA > 2021-03-05 09:18 | Report Abuse

It will rebound...

Posted by rururunnn > 2021-03-05 09:21 | Report Abuse

if they lose something that they are so confident in winning... gl on the other contracts...

Posted by INVEST_AA > 2021-03-05 09:25 | Report Abuse

It is common that contractor win and lose contracts... nothing is certain for all the contractors...

Posted by INVEST_AA > 2021-03-05 09:26 | Report Abuse

They did get smic contract in the past.

Posted by Nepo > 2021-03-05 09:35 | Report Abuse

@rururunnn, Kgb lost smic contract..where did u get the news..?

Posted by rururunnn > 2021-03-05 09:40 | Report Abuse

rhb

Posted by thundery > 2021-03-05 09:41 | Report Abuse

Gone case, the transportation storage theme of Vaccine had long gone I guess

Posted by Nepo > 2021-03-05 09:42 | Report Abuse

l see, that is why the share price dropped to reflect the lost of contract RM 60 milliom from smic..

Posted by INVEST_AA > 2021-03-05 09:43 | Report Abuse

Don't worry ...They still have lots of other contracts

Posted by INVEST_AA > 2021-03-05 09:44 | Report Abuse

Not lost... its the tendering as i understand...

Posted by Nepo > 2021-03-05 09:51 | Report Abuse

SMIC Tender Finally Open
After much delay, SMIC (which accounts for c.30% of order book as of end 3Q20) has opened the tender to shortlist the contractor for its 2021 work. The bidding results are expected to be known by early March 2021. The tender for 2021 is for 4 fabs worth a total estimated value of RMB100m (RM60-65m).
====
More precisely is kgb lost this tendering..