MALAYSIAN PACIFIC INDUSTRIES

KLSE (MYR): MPI (3867)

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Last Price

30.40

Today's Change

-0.40 (1.30%)

Day's Change

30.22 - 31.20

Trading Volume

57,200


3 people like this.

3,357 comment(s). Last comment by weihan0813 6 hours ago

Posted by wallstreetrookie > 1 month ago | Report Abuse

Don't follow foreign institutions. They can be as dumb as a rock, only here to play 1%-2% based off Ringgit strength/weakness.

Posted by wallstreetrookie > 1 month ago | Report Abuse

Hold MPI until it pays dividends. Do not trade this stock, or try to follow Nasdaq index. You will always be slower than Nasdaq.

Buy for retirement

Posted by wallstreetrookie > 1 month ago | Report Abuse

Malaysia is only expected to raise rates in the second half of 2022.

Posted by investor2021trading > 1 month ago | Report Abuse

According to TA Securities analyst Wilson Loo, MPI's key drivers include MPI's focus on the high-barriers-to-entry automotive segment as the group seeks to capitalize on the long-term trend towards vehicle electrification, accompanied by growing semiconductor content per vehicle.

Loo sees the growth trajectory for chips intact, fueled by ongoing acceleration in digitalization and proliferation of secular technology trends like 5G, artificial intelligence, cloud computing, the Internet of Things, robotics, and vehicle electrification.

Posted by bang_miskin > 1 month ago | Report Abuse

If IB predictions are correct, why worry about current downtrend? MPI price fluctuates a lot. One day top of Bursa, other days at the bottom. Too bad I don't have the kupangs to buy the dip, lol.

Posted by wallstreetrookie > 1 month ago | Report Abuse

“Malaysian ringgit’s fundamentals remain supportive due to elevated commodity prices,” said Divya Devesh, head of Asean and South-Asia foreign-exchange research at Standard Chartered Bank in Singapore. “We expect dollar ringgit to trade in a wide 4.20-to-4.30 range in the second quarter, before recovering toward 4.20 by end of June on the back of Malaysia’s very strong trade surplus.”
One of the worrying signs for the ringgit is the retracement in oil prices even as the war in Ukraine continues to
rage. Crude has dropped about 20% from its peak set last month as lockdowns in China have cut the outlook for demand. Malaysia is an energy exporter.
Taken together, the dovish central bank and the uncertain outlook for oil suggest the ringgit will have a difficult time making any headway against the all-conquering dollar

Bloomberg | Macro

Posted by bang_miskin > 1 month ago | Report Abuse

Not a good day for semiconductor. Maybe long run got hope, but short run depends on Nasdaq loh (which is no good). On the other hand, pchem is doing quite well.

Posted by bang_miskin > 1 month ago | Report Abuse

I think when MPI dip below RM30, can start to collect for long term. Dip below RM25 even more of a bargain. Let's see how price change next week.

Posted by David Coperfield > 1 month ago | Report Abuse

Be careful very soon the dollar crash crisis will happen, run it first! huhuhuhu

Posted by supersinginvestor > 4 weeks ago | Report Abuse

Pang72 oh pang72...

treasurehunt

1,388 posts

Posted by treasurehunt > 4 weeks ago | Report Abuse

Nasdaq is targeting 10,800 support?

Posted by David Coperfield > 3 weeks ago | Report Abuse

I said, DANGEROUS !!
Come on everybody sing together

pang72

43,797 posts

Posted by pang72 > 3 weeks ago | Report Abuse

What song to sing?
I am flying, I am flying??

faridfet

112 posts

Posted by faridfet > 3 weeks ago | Report Abuse

What a unique name @bang_miskin haha

Posted by wallstreetrookie > 3 weeks ago | Report Abuse

I don't usually like to use technical indicators to find entry in stocks. But MPI is showing the classic double bottom on Friday.

Posted by wallstreetrookie > 3 weeks ago | Report Abuse

US Russell small caps already trading at pre-pandemic levels. Analysts remain optimistic on S&P500 and see index returning to previous highs at the end of 2022

blackchicken

1,048 posts

Posted by blackchicken > 3 weeks ago | Report Abuse

https://jnews.uk/warren-buffetts-berkshire-hathaway-bets-big-on-us-sto...
Warren Buffett’s Berkshire Hathaway bets big on US stock market

Posted by wallstreetrookie > 3 weeks ago | Report Abuse

Warren Buffett needs to retire already. Why didn't he invest in semiconductor companies such as Nvidia and AMD?

Posted by wallstreetrookie > 3 weeks ago | Report Abuse

Warren Buffett told people to buy and hold but he himself keeps swing trading stocks with M&A activities and hostile takeovers. Look at Berkshire Hathaway's turnover. It does not align with his investment thesis.

blackchicken

1,048 posts

Posted by blackchicken > 3 weeks ago | Report Abuse

ON Semiconductor Gets Backed by Auto Demand. Stock Rises on Record Revenue.

blackchicken

1,048 posts

Posted by blackchicken > 2 weeks ago | Report Abuse

Trade war: US looking at lifting tariffs on Chinese goods, American officials say
https://www.scmp.com/news/china/article/3176420/us-trade-office-says-i...

faridfet

112 posts

Posted by faridfet > 2 weeks ago | Report Abuse

historically, MPI quarter-on-quarter earnings growth is one of the best in the industry :)

MPI's outsourced semiconductor assembly and test (OSAT) have strong order books now to sustain their double-digit earnings growth.

Its Q1 2022 core net profit recorded 6th consecutive QoQ climb to a new high at RM584.5 million on strong loading volume for its packages used in data centres and automotive space.

Posted by wallstreetrookie > 2 weeks ago | Report Abuse

Nasdaq has been on a downtrend since November 2021. The index has dropped for 6 months consecutively since mid Nov.
Nasdaq skew is around 7.5 which indicates higher demand for downside protection. Historically, the index rebounds within the same financial quarter

Posted by wallstreetrookie > 2 weeks ago | Report Abuse

Nasdaq option market makers forcing max pain for put contract buyers before the next OPex.

So, what is max pain?
What is Max Pain (Options)? CFI Institute definition
Max pain is a situation in which the stock price locks in on an option strike price as it nears expiration, which would cause financial losses for the highest possible number of options traders. It attempts to explain how, during the last days, the underlying stock prices often cluster around the strike prices to bring losses to the option buyers.

Posted by wallstreetrookie > 2 weeks ago | Report Abuse

Biggest bull run incoming

SooHai

168 posts

Posted by SooHai > 2 weeks ago | Report Abuse

Jump water
Habis lar

treasurehunt

1,388 posts

Posted by treasurehunt > 2 weeks ago | Report Abuse

When the price chart heading south, what fantastic fundamental or technology is the mega trend, all turns into nonsense in the mid term.

treasurehunt

1,388 posts

Posted by treasurehunt > 2 weeks ago | Report Abuse

Many Nasdaq technology companies earnings peaked the last quarter, earnings for the rest of the remaining quarter would be lower and lower.

VTrade

1,093 posts

Posted by VTrade > 2 weeks ago | Report Abuse

Mayb can Q to get some little at 2960 ?

gemfinder

6,748 posts

Posted by gemfinder > 2 weeks ago | Report Abuse

Y not u ask p72. He can give u answer.

pang72

43,797 posts

Posted by pang72 > 1 week ago | Report Abuse

Wow..
Everything ask me..
Your kuku pain ask me for what...

HUAT CHAI...!! RM1, OK KAH

pang72

43,797 posts

Posted by pang72 > 1 week ago | Report Abuse

Up42c liao..
Let's break rm30 lo..

pang72

43,797 posts

Posted by pang72 > 1 week ago | Report Abuse

TQ MPI...contra gain..
Add more hrc...

Posted by investor2021trading > 1 week ago | Report Abuse

MPI at below 29 is a safe buy! agreed or not?

gemfinder

6,748 posts

Posted by gemfinder > 1 week ago | Report Abuse

Yalo, botakk head oso loss hair liao

Posted by investor2021trading > 1 week ago | Report Abuse

at below 29 it's more affordable for a tech stock that was once valued at 51!

Posted by investor2021trading > 1 week ago | Report Abuse

boom pipi! huat ar!

VTrade

1,093 posts

Posted by VTrade > 1 week ago | Report Abuse

Congrats investor2021

Posted by investor2021trading > 1 week ago | Report Abuse

@VTrade, thks i being lucky!

blackchicken

1,048 posts

Posted by blackchicken > 6 days ago | Report Abuse

Tech - APEC auto industry accelerates uptake of new-technology vehicles - http://www.theedgemarkets.com/article/apec-auto-industry-accelerates-u...

blackchicken

1,048 posts

Posted by blackchicken > 6 days ago | Report Abuse

Bursa tech sell-off a great opportunity to buy
https://themalaysianreserve.com/2022/05/13/bursa-tech-sell-off-a-great...

Posted by wallstreetrookie > 3 days ago | Report Abuse

All put options going to die tonight

Posted by wallstreetrookie > 3 days ago | Report Abuse

Nasdaq 5% rebound Friday

Posted by investor2021trading > 3 days ago | Report Abuse

Tech stocks are mired in their longest weekly losing streak since dot-com bust
PUBLISHED FRI, MAY 20 20225:00 PM EDTUPDATED 17 MIN AGO

KEY POINTS
The Nasdaq dropped 3.8% this week, notching its seventh straight weekly drop.
It’s the tech-heavy index’s longest weekly losing streak since 2001 during the dot-com bust. The Nasdaq is 29% off its record reached in November, while the S&P 500 briefly fell into bear market territory on Friday, down 20% from its high.

Inflation, rising interest rates, the war in Ukraine and pandemic lockdowns in China are adding up to a disastrous market in general and a particularly brutal stretch for investors in technology and growth stocks, after historic rallies in recent years.

blackchicken

1,048 posts

Posted by blackchicken > 1 day ago | Report Abuse

Highlight - MoF: 1Q22 GDP growth, economic indicators indicate economic recovery has begun - http://www.theedgemarkets.com/article/mof-1q22-gdp-growth-economic-ind...

blackchicken

1,048 posts

Posted by blackchicken > 1 day ago | Report Abuse

https://www.bloomberg.com/news/articles/2022-05-22/after-5-trillion-ro...
After $5 Trillion Rout, Emerging Markets Seek Turnaround Signal

Posted by weihan0813 > 6 hours ago | Report Abuse

Still waiting rebound...

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