Sunright is just ONE cent short of QUADRUPLING my investment!!! :D While THIS one is just 3 sen short of becoming my first ever TEN BAGGER!!! https://www.youtube.com/watch?v=ufFX7f1jV1g
Sunright Limited, a main board listed company on the Stock Exchange Securities Trading Limited, ( SGX: Sunright ) is the world’s largest independent “test and burn-in” service company and a leading manufacturer of parallel test equipment. Sunright has facilities in Singapore, Taiwan, Philippines, China and the United States. Its associate company, KESM Industries Berhad, listed on the Bursa in 1994, engages in providing “burn-in and testing” services as well as Electronic Manufacturing Services (EMS). Together, it has a workforce of more than 2,000 employees.
IC Insights forecasts auto chip sales will enjoy a compound annual growth rate of 13.4% from 2016 to 2021, increasing slightly more than Internet of Things devices.
TI has benefited in recent years as many automakers pivot toward self-driving vehicle technology. The automotive market contributed 18 percent of the company’s revenue in 2016.
The world’s largest independent burn-in and test service company KESM does not make chips but has shipped about a billion burn-in and test devices to its customers — semiconductor companies. Although it does not directly export products, KESM is a company to watch as it supports and sells to exporters and works closely with top semiconductor firms. Its aggressive capital expenditure into the automotive burn-in and test business could rake in returns from the growth of autonomous and smarter vehicles.
North American semi equipment industry posts strong December billings
26 January 2018 North America-based manufacturers of semiconductor equipment posted US$2.39 billion in billings worldwide in December 2017 (three-month average basis), according to SEMI. The billings figure is 16.3% higher than the revised November 2017 level of US$2.05 billion and 27.7% above the December 2016 billings level of US$1.87 billion. https://www.digitimes.com/news/a20180126PR200.html
Buy semiconductor stocks on Monday! Semiconductor rally is coming. KESM's next QR announcement must be vey good.
KESM is principally involved in specialized electronic manufacturing activities. More specifically, the company is engaged in providing burn-in services. The company has business dealings with virtually all the American semiconductor manufacturers. http://www.kesmi.com/activities.html
The US semiconductor index was up 3.26%. Very bullish. It is close to a multi-year high. Buy semiconductor stocks on Monday! Semiconductor rally is coming. https://www.marketwatch.com/investing/index/sox
Texas Instruments (NASDAQ:TXN) had its target price upped by JPMorgan Chase & Co. from $110.00 to $122.00 in a report released on Wednesday. The firm currently has an overweight rating on the semiconductor company’s stock.
Semiconductor stocks rise; Wynn Macau sinks after scandal
Reuters Taiwan Semiconductor Manufacturing shares were up almost 2% Monday. Asian stocks pared gains by midday as the U.S. dollar lost some of its early momentum.
China and Hong Kong shares turned lower, with declines in the mainland led by small-cap companies listed in the country’s south, following comments from a regulator about clamping down on high-priced stocks. The Shenzhen Composite Index SHCOMP, -0.99% was down 1.4% and the Hong Kong’s Hang Seng Index HSI, -0.56% was roughly flat.
Japanese stocks followed suit after their midday break, with the Nikkei NIK, -0.01% giving up a 0.5% gain to trade down slightly as the dollar’s rebound lost some steam.
The WSJ Dollar Index’s BUXX, +0.00% gains shrank to 0.2% by midday and the greenback fell to ¥108.80 from just below ¥109 earlier and ¥109.37 at Friday’s local stock-market close.
Last week, the dollar slid to a series of three-year lows, following comments from Treasury Secretary Steven Mnuchin that were interpreted as being accepting of a weaker dollar. The WSJ Dollar Index has fallen for seven straight weeks, the longest run since 2010.
Semiconductor stocks were stronger in Asia, building on Friday gains that were fueled by U.S. giant Intel ’s stock surge after its fourth-quarter report. Intel INTC, -0.18% reported record quarterly revenue, helped by strength in data-center demand.
South Korea’s Kospi SEU, +0.91% led gains in the region, increasing by 1.2%. Chip makers Samsung Electronics 005930, +0.87% and SK Hynix 000660, -0.26% were up by that much, the securities sector jumped an additional 3.8% and construction was up by more than 1%.
“Intel’s earnings and guidance should give some momentum into Korea tech, which is seeing a resurgence,” said S.K. Kim, an analyst at Daiwa Capital in Seoul.
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....
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Posted by aiinvestor > 2018-01-23 23:35 | Report Abuse
The US semiconductor index is bullish today as well. Semiconductor rally is coming.