Posted by wallstreetrookie > 2022-04-13 13:58 | Report Abuse

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

Posted by bang_miskin > 2022-04-13 15:37 | 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 > 2022-04-18 06:23 | 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 > 2022-04-18 17:25 | 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 > 2022-04-22 11:21 | Report Abuse

Aiyaa, maybe too optimistic with semiconductor. Nasdaq kaput, our tech also kaput. Just wait for US tech to recover, apa bisa buat le

Posted by bang_miskin > 2022-04-22 16:30 | 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 > 2022-04-23 02:52 | Report Abuse

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

Posted by supersinginvestor > 2022-04-25 14:25 | Report Abuse

Pang72 oh pang72...

Posted by treasurehunt > 2022-04-25 15:38 | Report Abuse

Nasdaq is targeting 10,800 support?

Posted by David Coperfield > 2022-04-27 00:17 | Report Abuse

I said, DANGEROUS !!
Come on everybody sing together

Posted by pang72 > 2022-04-27 15:13 | Report Abuse

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

Posted by blackchicken > 2022-04-29 10:13 | Report Abuse

https://www.bloomberg.com/news/articles/2022-04-22/yellen-signals-openness-to-paring-tariffs-on-imports-from-china

Posted by faridfet > 2022-04-29 18:10 | Report Abuse

What a unique name @bang_miskin haha

Posted by wallstreetrookie > 2022-05-01 11:28 | 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 > 2022-05-01 12:16 | 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

Posted by blackchicken > 2022-05-01 15:51 | Report Abuse

https://jnews.uk/warren-buffetts-berkshire-hathaway-bets-big-on-us-stock-market-2/
Warren Buffett’s Berkshire Hathaway bets big on US stock market

Posted by wallstreetrookie > 2022-05-02 17:48 | Report Abuse

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

Posted by wallstreetrookie > 2022-05-02 17:49 | 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.

Posted by blackchicken > 2022-05-03 10:23 | Report Abuse

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

Posted by blackchicken > 2022-05-04 07:41 | 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-it-has-begun-process-whether-lift-tariffs-chinese

Posted by faridfet > 2022-05-04 10:35 | 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 > 2022-05-04 12:06 | 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 > 2022-05-04 12:09 | 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 > 2022-05-05 06:39 | Report Abuse

Biggest bull run incoming

Posted by SooHai > 2022-05-05 11:09 | Report Abuse

Jump water
Habis lar

Posted by treasurehunt > 2022-05-06 13:54 | 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.

Posted by treasurehunt > 2022-05-06 14:00 | Report Abuse

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

Posted by VTrade > 2022-05-08 17:14 | Report Abuse

Mayb can Q to get some little at 2960 ?

Posted by gemfinder > 2022-05-08 20:32 | Report Abuse

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

Posted by gemfinder > 2022-05-12 23:35 |

Post removed.Why?

Posted by VTrade > 2022-05-14 01:38 | Report Abuse

Congrats investor2021

Posted by blackchicken > 2022-05-17 20:03 | Report Abuse

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

Posted by blackchicken > 2022-05-18 11:29 | Report Abuse

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

Posted by wallstreetrookie > 2022-05-20 15:07 | Report Abuse

All put options going to die tonight

Posted by wallstreetrookie > 2022-05-20 15:07 | Report Abuse

Nasdaq 5% rebound Friday

Posted by blackchicken > 2022-05-22 21:27 | Report Abuse

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

Posted by blackchicken > 2022-05-22 22:09 | Report Abuse

https://www.theedgemarkets.com/article/azmin-malaysia-attracts-new-investments-worth-rm1652b-us

Posted by blackchicken > 2022-05-23 11:53 | Report Abuse

https://www.bloomberg.com/news/articles/2022-05-22/after-5-trillion-rout-emerging-markets-seek-turnaround-signal
After $5 Trillion Rout, Emerging Markets Seek Turnaround Signal

Posted by weihan0813 > 2022-05-24 08:24 | Report Abuse

Still waiting rebound...

Posted by blackchicken > 2022-05-25 17:50 | Report Abuse

MSIA: US deals boost Malaysia's semiconductor supply chain
https://www.nst.com.my/news/nation/2022/05/799291/msia-us-deals-boost-malaysias-semiconductor-supply-chain

Posted by richardsharing > 2022-05-25 18:39 | Report Abuse

QR coming

Posted by Zachzach > 2022-05-26 08:19 | Report Abuse

when is QR for MPI ? and mpi got no dividend ?

Posted by wallstreetrookie > 2022-05-26 15:38 | Report Abuse

Let's go

Posted by wallstreetrookie > 2022-05-26 15:38 | Report Abuse

MPI is the last cash rich company in this horrible market

Posted by wallstreetrookie > 2022-05-26 15:39 | Report Abuse

MPI healthy balance sheet and cash-rich tech company

Posted by tahansan > 2022-05-26 18:35 | Report Abuse

成绩不错唷!

Posted by blackchicken > 2022-05-27 07:19 | Report Abuse

New deals increase Malaysia semiconductor prospects
https://www.dailyexpress.com.my/news/193129/new-deals-increase-malaysia-semiconductor-prospects/

Posted by blackchicken > 2022-05-27 07:28 | Report Abuse

Jim Cramer: Why Nvidia’s Lazarus-like rise could signal a change in this jittery market
https://www.cnbc.com/2022/05/26/jim-cramer-why-nvidias-rise-could-signal-a-change-in-this-jittery-market.html

Posted by newbie2y > 2022-05-27 14:28 | Report Abuse

interested investors can obtain the analyst briefing slides at mpi website -
https://mpind.my/wp-content/uploads/2022/05/MPI-Investor-Presentation-Q3-FY22_200522.pdf

Posted by blackchicken > 2022-05-28 07:30 | Report Abuse

Dip Buyers Storm Back to Stocks After Selloff
Investors add about $20 billion to global equity funds in week
Summer rally ‘bandwagon’ is growing, say BofA strategists
https://www.bloomberg.com/news/articles/2022-05-27/stock-funds-see-biggest-inflows-in-10-weeks-as-dip-buyers-return