Well, if what you say is true, they dont need to buy the shares to enable them to buy equipment to earn commissions. They already control the company, why do they need to increase the %?
HLInvest bought 7,284,000 shares ~ 3.8% of total issued shares @ ~RM12.2 on 10 Jul 2020. I am mainly attracted back to MPI by this news. The another few good news are expansion of Suzhou plant, busy operation at Carsem and new biz of silicon carbide. Good luck to all.
Hi lching : I sold all my Gtronic in 2017 which we shared view frequently. I bought GTronic again in Apr2020 in small qty and sold out again in Jul 2020, switching fund to MI.
China semicon industry will bloom significantly for vision of "making in China" and more so after suppressed by Trump. MPI not only operates in Suzhou buy it is expanding its Suzhou plant. These two dots are sufficient to put money into it let alone the busy biz in its Ipoh plant.
Tq dawchok, in long term looks flourish,the potential buyer for mpi's product will be Tesla for use in electrical vehicle as well botch's electronic component.
Dawchok,all those are fairy tales..If you step in to their factory, see all the employees are no semangat.. why? Because underpaid.. suzhou expansion plan is keep delaying, last time said July, now is already August, the clean room ventilation is still not ready.. Floor?Only cement floor, these are the tricks to attract retailers like you
In last fund manager briefing, they don't dare to say anything on the expansion plan..How to retain existing customers..Only brief on how well are the workers wearing masks ,do hand sanitizing, do temperature checking... Wth is this briefing!? Because they have no idea at all..
You guys thought HLgroup sbb bus good? Maybe they only used company to bailout own money..They are using company money, group money but not individual money...Unlike tan Sri lim...Use own money to buy company's share..You see cypark management, use company money to buy back directors' shares
I think shark buy stock that behind reason why stock price up again.. either Hong Kong group or epf.. in second intraday shown consistent uptrend.. hope their earning is post strong quarter result..
somebody go around ask ppl buy, thats why up again, aware is shark agent ask retailer buy so that their boss can sold off their - BLOCKED HOUSE..to retailers
Vaccine is coming, but I will not listen to Malaysia company that hoo haa say that they got contract. I will sell off my Hexza.
Construction will boom, but I still will sell my Muhibbah, Gkent and Mahsing. This is because the expected Q3 result to drop, so the price will soon follow.
On my trip to Woodlands, I thought that Technology will boom, so I have made the decision to put 98% of my cash into Technology stocks like Dufu, Penta and MPI.
Not advise to trade in low trading volume and share price only support by epf , floating rate just 20% it mean this stock lack of liquidity to move up or down as consider not active stock.. not exit . when it down it quite hard to back .. if epf dispose cause selling pressure in this counter. Lousy counter to me ..
I made mistake dispose stock at loss.. this stock have strong earning growth year on year and quarter on quarter.. buy low dont buy at top.. investment base on fundamental. Two straight consecutive quarter report profit is my Golden rule..
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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....
lching
1,402 posts
Posted by lching > 2020-08-11 14:38 | Report Abuse
yes drawchok, still holding, plus some GTRONIC.