Posted by aiinvestor > 2018-02-18 11:50 | Report Abuse

Ringgit to revisit 4.30 as US dollar strengthens, says DBS
http://www.theedgemarkets.com/article/ringgit-revisit-430-us-dollar-strengthens-says-dbs

Posted by aiinvestor > 2018-02-18 12:03 | Report Abuse

But for these chipmakers, half of their costs are also denominated in US dollars, giving these firms a natural hedge against the depreciating greenback.

“No doubt [their] earnings will be affected by the weak [US] dollar, but the impact will not be that big,” Foo told The Edge Financial Daily over the phone, saying previous financial results indicated foreign exchange gains were not all that significant when the US dollar was strong.

http://www.theedgemarkets.com/article/strong-ringgit-may-bring-little-cheer-malaysian-exporters

Posted by Kadir Almushayah > 2018-02-18 16:13 | Report Abuse

Lets wait fr monday. The new cny shld bring cheer atain

Posted by tecpower > 2018-02-19 08:11 | Report Abuse

Forex movements have only short-term impact on earnings: Major exporters http://m.thesundaily.my/node/526941

Posted by hstha > 2018-02-19 08:42 | Report Abuse

KESM Industries Bhd - 11th straight quarterly revenue increase

I realised that regarding KESM its PBT tells more about their growth story than its net profit does as the variance of PBT is smaller. Its net profit is not very reliable.

The below is the transition of their PBT.

11,172-->11,602 (up 3.8% QoQ) ->12,251 (up 5.6% QoQ)->12,818 (up 4.6% QoQ)->13,454 (up 5% QoQ)

All figures in '000 unless specified.

Average: (3.8+5.6+4.6+5)/4= 4.75 (%)
Last QR :5%

After calculating the average increase rate of PBT QoQ, I reached a conclusion that the last QR has nothing wrong.

There is nothing to show that KESM's growth story has to make a course correction

Posted by paperplane > 2018-02-19 12:33 | Report Abuse

huat huat

Posted by Kadir Almushayah > 2018-02-19 15:28 | Report Abuse

You guys are back.. Great

Posted by kk123 > 2018-02-19 16:04 | Report Abuse

Kesm & sunright sama sama bagus...

Posted by Kadir Almushayah > 2018-02-19 16:31 | Report Abuse

kk123....welcome back.now u cn take angpow after cny haha

Posted by kk123 > 2018-02-19 17:11 | Report Abuse

Now its officially year of dog... hopefully dow jones can continue its ascent to mount everest ...

Posted by Kadir Almushayah > 2018-02-19 17:23 | Report Abuse

hope fr mountain dog/hound

Posted by Kadir Almushayah > 2018-02-19 17:48 | Report Abuse

Kesm is said to b less affected by forex volatility ie strength of ringgit..as commented earlier in report

Posted by kk123 > 2018-02-19 18:43 | Report Abuse

According to the Chinese Horoscope theory, Male Earth is connected to the mountain. Dog mainly contains Male Earth with little Metal and Fire. The sign of 2018 Male Earth Dog year is two mountains sit side by side or another mountain.That will be a strong Earth. People will focus on real estate, agriculture, environment, territory integrity or religious, spiritual area.
2018 is a Mountain Dog year. Mountain Dog might be a wild dog.
The mountain Dog likes to invest.

Posted by tecpower > 2018-02-19 20:22 | Report Abuse

KESM is CIMB's top pick now.
Monday, 19 Feb 2018

“We downgrade Inari to Hold in view of the strong share price performance in the past 12 months and earnings pressure from forex volatility. We replace Inari with KESM as our top pick due to its attractive growth prospects in automotive and minimal forex exposure,” it said.

https://www.thestar.com.my/business/business-news/2018/02/19/cimb-research-retains-neutral-on-semiconductor-sector/

Posted by tecpower > 2018-02-19 20:26 | Report Abuse

21.00 tomorrow?

Posted by Mohd Fahmi Bin Jaes > 2018-02-19 20:27 | Report Abuse

Maybe

Posted by paperplane > 2018-02-20 11:50 | Report Abuse

wow

Posted by paperplane > 2018-02-20 12:21 | Report Abuse

25 is first TP

Posted by kk123 > 2018-02-20 14:51 | Report Abuse

kesm & sunright now is the 'Top Dog" in the year of dog...it will fly soon...

Posted by GeniusTinker > 2018-02-20 16:37 | Report Abuse

I Will hold till next year AGM.. lol

Posted by Kadir Almushayah > 2018-02-20 19:05 | Report Abuse

i want to add

Posted by tecpower > 2018-02-20 22:08 | Report Abuse

Dollar index is bullish today. I think USD has rebounded.

Posted by tecpower > 2018-02-20 22:12 | Report Abuse

USDMYR is likely to go up tiomoroow as well.

Posted by tecpower > 2018-02-20 22:39 | Report Abuse

Malaysian semiconductor stocks have been rebounding.
Malaysian semiconductor have been bullish recently.

Today

KESM (CIMB's top pick) +1.90%
Inari 0.00%
Pentamaster +1.96%
Unisem + 5.58%
MPI + 6.12%
MMSV +1.29%
Globetronics + 0.64%
SAM Engineering +1.76%

Posted by hstha > 2018-02-20 23:20 | Report Abuse

KESM is likely to hit 21.00 tomorrow.

Posted by leecuteguy > 2018-02-20 23:24 | Report Abuse

index dj down not to hope kesm up tomorrow

Posted by hstha > 2018-02-20 23:48 | Report Abuse

What's the correlation coefficient of the Dow and the stock price of Kesm? It must be very low!

PHLX Semiconductor (^SOX)
https://finance.yahoo.com/quote/%5ESOX/components/

The US PHLX Semiconductor is very bullish, and USD had rebounded.

It's good for KESM.

Posted by aiinvestor > 2018-02-21 00:50 | Report Abuse

Chips rip higher, and market watchers eye Intel as the semi to own

Chip stocks are ripping higher, and one market watcher says the semiconductor space could be in for an even bigger rally.
https://www.cnbc.com/2018/02/20/chips-rip-higher-and-market-watchers-eye-intel-as-the-semi-to-own.html

Posted by leecuteguy > 2018-02-21 04:43 | Report Abuse

dow down, klci down ....do u think kesm will up ???

that is the correlation, HSTHA.

Posted by hstha > 2018-02-21 08:23 | Report Abuse

Dollar index up, the US PHLX Semiconductor up, haha

Posted by hstha > 2018-02-21 08:28 | Report Abuse

PHLX Semiconductor index was up 1.76% yesterday. When
semiconfuctor stocks are bullish, market sentiment is risk on.

Posted by hstha > 2018-02-21 22:28 | Report Abuse

21.5 tomorrow

Posted by Kadir Almushayah > 2018-02-22 08:04 | Report Abuse

Aim for 22

Posted by paperplane > 2018-02-22 08:11 | Report Abuse

keep holding for longterm. no worry

Posted by aiinvestor > 2018-02-22 08:19 | Report Abuse

USDMYR is likely to go up gradually. It is good for semiconductor stocks.

Posted by kk123 > 2018-02-22 11:46 | Report Abuse

kesm is top dog recommendation by CIMB...so both kesm and sunright - is "top dog" in year of the dog.....

Posted by aiinvestor > 2018-02-22 22:35 | Report Abuse

What Emerging-Market Bulls Say About a 3% Treasury Yield

EM stocks, FX and local debt are still holding onto 2018 gains
‘Panic selling’ of emerging markets unlikely: MUFJ Kokusai
https://www.bloomberg.com/news/articles/2018-02-21/what-emerging-market-bulls-say-about-looming-3-treasury-yield

Posted by tecpower > 2018-02-23 09:19 | Report Abuse

https://finance.yahoo.com/quote/005930.KS/

Samsung is very bullish.

Posted by GG_Liang > 2018-02-23 14:11 | Report Abuse

乐呵呵

Posted by hstha > 2018-02-23 23:21 | Report Abuse

https://www.cnbc.com/video/2018/02/22/consolidation-is-a-story-driving-semiconductor-stocks-analyst.html

Posted by tecpower > 2018-02-24 11:26 | Report Abuse

Intel, Tech Stocks Lead Dow; Is Apple Setting Up New Buy Point?

PowerShares QQQ Trust (QQQ) rose 1.8%, while SPDR S&P 500 (SPY) and SPDR Dow Jones Industrial Average (DIA) advanced 1.3% and 1%, respectively. Emerging markets also rallied as iShares MSCI Emerging Markets (EEM) rose 1.6%.

Oil, utilities and semiconductors led the upside among sector funds in the stock market today. West Texas intermediate crude prices surged 1.3% to $63.56 a barrel. VanEck Vectors Semiconductor (SMH) and iShares PHLX Semiconductor (SOX) rose nearly 2% each. Both ETFs are moving up from support at their 50-day lines and are 3% off their January peaks. Chip giant Intel soared 4%.
https://www.investors.com/etfs-and-funds/etfs/apple-nvidia-top-this-market-beating-momentum-stock-play/

Posted by tecpower > 2018-02-24 17:03 | Report Abuse

KESM is CIMB's top pick now.
Monday, 19 Feb 2018

“We downgrade Inari to Hold in view of the strong share price performance in the past 12 months and earnings pressure from forex volatility. We replace Inari with KESM as our top pick due to its attractive growth prospects in automotive and minimal forex exposure,” it said.


KESM Industries

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.

Posted by tecpower > 2018-02-24 17:21 | Report Abuse

A Deep Dive into Sunright Limited, One of the 30 Best Stocks in Singapore for 2018
https://www.fool.sg/2018/01/31/a-deep-dive-into-sunright-limited-one-of-the-30-best-stocks-in-singapore-for-2018/

In Malaysia, Sunright’s semiconductor burn-in, testing and electronic manufacturing (BIT&EM) services are provided through its 48%-owned subsidiary, KESM Industries, which is listed on Bursa.
https://www.theedgesingapore.com/article/sunright-%E2%80%98interesting-investment-case%E2%80%99-says-nra-capital

Posted by jonbravo > 2018-02-24 22:22 |

Post removed.Why?

Posted by tecpower > 2018-02-25 21:09 | Report Abuse

21.30 tomorrow?

Posted by mega_invester > 2018-02-25 23:48 | Report Abuse

too low.... 22...

Posted by tecpower > 2018-02-26 00:34 | Report Abuse

Philadelphia Semiconductor Index (SOX)

+2.19%
https://www.investing.com/indices/phlx-semiconductor-technical

Posted by hstha > 2018-02-26 07:57 | Report Abuse

KLCI to tick higher, defend 1,860-level | http://www.klsescreener.com/v2/news/view/346145

Posted by ctooi > 2018-02-26 10:27 | Report Abuse

on news sell.. is everyone selling on news?

Posted by calvintaneng > 2018-02-26 14:20 | Report Abuse

Hi guys I noticed this intelligent post by "uptrending" from Insas Forum

So I am reposting it here:


Posted by uptrending > Feb 26, 2018 02:06 PM | Report Abuse

There is an undeniable fact that the "value" in Insas is increasing every year, whether it sold its holdings in Inari to raise cash or otherwise. It will surely explode in time to come...

Some companies also did not pay good dividends for many many years and the share price remained low for ages but finally exploded. A good example is KESM which only paid 1.75sen and later years 3 sen per share annual dividend...even now the dividend is miserable against the share price... The profits were reinvested in the business and finally it exploded...


YES YOU ARE CORRECT!

I BOUGHT KESM LONG AGO AT RM3 TO RM4 ONLY

THE LONG HAIRED GUY SAMUEL BOSS OF KESM WAS STINGY WITH DIVIDEND
OF FEW MISERABLE CTS. SO I SOLD KESM TOO EARLY. ONLY TO CHECK UP LATER THAT KESM ACTUALLY INVESTED ITS SURPLUS MONIES

SO BOTH INSAS & TA NOW ALSO INVEST LOTS OF SPARE CASH THAT WILL GENERATE LONG TERM INCOME LIKE KESM DID

Calvin comments:

KESM was first recommended by Dr Neoh Soon Kean of Dynaquest in his monthly digest. In those days KESM was traded around Rm3.00 to Rm4.00