This poor chip maker have punish for too long. Rises of the TITAN 100usd is anytime in 2week time 150 usd is to kill the world with covid aka oil price
long time no see this rubbish counter, from 1.05 period like girl drop to 0.6, now still in period like girl stuck at 0.745, luckily cut loss longtime ago, when will go 1.05 again no hope, rubbish
Dnex is controlled by the sharks, whose modus operandi is to pump and dump. Contra players are sure to lose. Those who use margin financing also will lose. The sharks know when to pump and short this counter.
World third largest Global foundaries also losing money.
The single biggest expense for a chip foundry is the depreciation of equipment, which means that full or empty, the cost of those factories weighs on the bottom line. Over the past three years, capacity utilisation ranged from 70% to 84%, while a rule of thumb for the sector says that you need to hit at least 90% to break even. What you certainly don’t have when equipment lays idle is the negotiating power to ask clients to pay more. By contrast, TSMC is preparing to raise prices by as much as 20%.
And this year may be the top of the current cycle. Although shortages remain, the bulk of the struggles are over and most industries are getting back to normal. The company, citing Gartner, estimates the foundry sector will climb an average 10.1% between 2019 and 2025. With last year coming in at 23% and this year heading for 12% — and TSMC taking most of that expansion for itself — there may not be a lot of momentum left to push GlobalFoundries into profitable territory. And if it does manage to pop its head above water, keeping it there may be a struggle.
Supplying older semiconductor products doesn’t attract the high prices commanded by TSMC, but they are much cheaper and easier to make. With modern cars lacking much-needed sensors, and even Apple noting the impact on iPad and iPhone sales, this ought to be a golden era for GlobalFoundries.
But even with manufacturing lead times blowing out to a record 21 weeks and prices being pushed upward — clear signs that demand outstrips supply — the company still can’t manage to make a profit. Revenue fell 17% last year¹, a second consecutive decline, and operating loss margins deteriorated. From a potential market of around $54-billion in 2020, it captured just $4.9-billion. Although the bulk of the pandemic-inspired chip boom and shortage has transpired through 2021, the truth remains that this company shrank last year while the foundry sector climbed 23%.
this rubbish stock, everyday red only period like girl, luckily i cut loss long time ago, no hope will up to 1.05 again, hong seng split to 0.80cent also now can up to rm3 above now, this rubbish stock drop only
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....
strattegist
23,459 posts
Posted by strattegist > 2021-10-05 14:16 |
Post removed.Why?