LOL still above even if drop its going to be less than 4.0 which is less than 10% ....it will still be 40 by the next day this is a sollid stock more like blue chip up n down so far biggest movement is by the 2+
Benchmark Mineral Intelligence expects most battery raw-material markets to remain tight this decade. And it forecasts that the lithium market will fall into deficit in 2022. Most supply-chain contracts are “cost pass through,” which means EV manufacturers have to bear cost increases, says Caspar Rawles, head of price and data assessments at Benchmark. But battery makers still face margin pressure. Auto makers will push back when they can by playing different battery suppliers off one another.
Foreign investors coming to Malaysia soon. Vietnam done. Taiwan done. India done. China done. Next will be either Philippines, Thailand or Malaysia. Get ready and build your camps around the best large cap stocks of Bursa
Weaker Dollar continues. Nasdaq will keep going vertical until Jerome Powell ends his tenure as Fed chair. JPow will most likely maintain dovish stance on inflation. Remember he is a Republican so political affiliation could be at play here. My intel tells me that there will be taper tantrum and concerns in early 2022. However, we are clear for 2021. I am not sure how badly a potential Nasdaq correction could affect Bursa technology index though.
This piece of TECH news flow from pple in the know tells us the exciting future. My read is TECH.THEME play on KLSE is just getting restarted again.
When PRIMARY 3 wave is confirmed n affirmed next week, then expect BIG values ahead i.e. MAJOR A of 3 to bull up to Sep 2021 with MAJOR B mild correction of 2-3 months for the set-up of MAJOR C of 3 bull run till Feb 2022 ...
Government support from 2014 to 2018 was equal to as much as 30% or more of annual revenue for two of China’s two major semiconductor companies, Semiconductor Manufacturing International Corp. (SMIC) and Tsinghua Unigroup, according to the Organization for Economic Cooperation and Development, an association of mostly advanced economies. Other countries subsidize semiconductor fabs through cheap land and tax breaks, but only China provides so much aid in the form of this cheap equity, the OECD said.
Whether China’s spending is effective remains controversial. Chinese chip companies remain well behind leading Western competitors. Mr. Kennedy of the Center for Strategic and International Studies estimated China has injected between $49 billion and $72 billion into state-owned aircraft maker Commercial Aircraft Corporation of China (Comac) in a so-far-unsuccessful effort to make it a competitor to Airbus and Boeing.
Even if other countries spent as much as China, they would likely struggle to achieve truly independent supply chains because China dominates so many of the links. When semiconductor chips are fabricated in the U.S. they still must undergo assembly, packaging and testing, a low-margin business where China is the biggest player.
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....
The_JQuestion
1,637 posts
Posted by The_JQuestion > 2021-07-20 00:05 | Report Abuse
LOL still above even if drop its going to be less than 4.0 which is less than 10% ....it will still be 40 by the next day this is a sollid stock more like blue chip up n down so far biggest movement is by the 2+