Posted by OPMS > 2018-04-04 19:45 | Report Abuse

hope it drop more ah plane, previously missed the boat leh..

Posted by EngineeringProfit > 2018-04-04 21:48 | Report Abuse

Why did they buy at RM20+?

Posted by aiinvestor > 2018-04-04 22:25 | Report Abuse

China's response is a surprise for some people," said Julian Evans-Pritchard, senior China economist at Capital Economics, noting that neither said had yet called for enforcement of the tariffs.

"It's more of a game of brinkmanship, making it clear what the cost would be, in the hopes that both sides can come to agreement and none of these tariffs will come into force," he said.

Beijing's list of 25 percent additional tariffs on U.S. goods covers 106 items with a trade value matching the $50 billion targeted on Washington's list, China's commerce and finance ministries said. The effective date depends on when the U.S. action takes effect.

Posted by aiinvestor > 2018-04-04 22:29 | Report Abuse

WASHINGTON (Reuters) - U.S. Commerce Secretary Wilbur Ross said on Wednesday he expects trade actions between the United States and China will likely lead to a negotiated deal, but that it was unclear whether such talks would happen by the end of May or later.

"It wouldn't be surprising at all if the net outcome of all this is some sort of a negotiation," Ross said in an interview with CNBC. "It's very difficult to put a specific time denomination on negotiations that are as complex as these."
https://money.usnews.com/investing/news/articles/2018-04-04/ross-says-us-china-trade-actions-likely-to-be-negotiated-cnbc

Posted by aiinvestor > 2018-04-04 22:35 | Report Abuse

KESM plunges 16% amid fears of heightened US-China trade war

According to its latest available annual report, the Chinese market contributes about 20% to its revenue for the financial year ended July 31, 2017.

But it wasn't just KESM that was feeling the pain, as the rout hit other tech stocks such as ViTrox Corp Bhd — 21% of its revenue is derived from the Chinese market — slid as much as 47 sen to breach the RM5-level by mid-morning. The stock is currently trading at RM4.96.
https://www.theedgemarkets.com/article/kesm-plunges-16-amid-fears-heig...

Vitox was down 7.71% today, while Kesm was 17.45% today.
Sunright was down 7.23%.

Kesm was oversold.

Posted by aiinvestor > 2018-04-04 22:37 | Report Abuse

Its P/E is too low now.

Posted by aiinvestor > 2018-04-04 22:42 | Report Abuse

陸狂攬半導體產業 祭5年免稅新政
http://www.chinatimes.com/newspapers/20180331000124-260303

Posted by aiinvestor > 2018-04-04 23:48 | Report Abuse

I think the stock will move back to 16.00 tomorrow.

Posted by hstha > 2018-04-05 07:02 | Report Abuse

Ross added that some US punitive action against Beijing has been “coming for a while” over China’s predatory behaviour involving technology. “What we’re talking about on both sides is a fraction of 1% of both economies,” Ross said.

The tariffs will not take effect immediately. The US government is inviting public comment on its trade sanctions through 11 May and will hold a hearing on the plan on 15 May. China set no date for its 25% duties to take effect, saying it was waiting to see what Trump did.

Posted by hstha > 2018-04-05 07:03 | Report Abuse

The stock price may move back to 17.54.

Posted by aiinvestor > 2018-04-05 07:20 | Report Abuse

A trade war has not started yet. Yesterday most Malaysians misunderstood that a trade war had started.

The trick is that the US and China did not state when tariffs would be effective, so there is still possibility of discussion about trade tariffs.

Posted by EngineeringProfit > 2018-04-05 07:29 | Report Abuse

all the press that reported trade war aka fake news should be very afraid now as some traders are gping to take them to the court

Posted by aiinvestor > 2018-04-05 08:25 | Report Abuse

the latest tariffs are just proposals, haha.

Posted by joeshare > 2018-04-05 09:00 | Report Abuse

Tariffs are proposal hahaha what a joke..

Must be bz unloading the shares lah

Posted by aiinvestor > 2018-04-05 09:07 | Report Abuse

Larry Kudlow: Trump's tariffs on China may not go into effect

https://www.cnbc.com/2018/04/04/larry-kudlow-says-trump-china-tariffs-may-not-take-effect.html

Posted by paperplane > 2018-04-05 09:22 | Report Abuse

don't be stupid, war alredi started. let it begins

Posted by cefiro22 > 2018-04-05 09:28 | Report Abuse

To all above who have been constructive calm and "positive" in their approach when KESM was falling like 10-pins, thank you for the substantial pocket-money earned this morning."aiinvestor"...I feel the same too...all "tembak" only. It is a matter of time KESM will head back to 18/-= fair value. Cheers.

Posted by Flintstones > 2018-04-05 09:34 | Report Abuse

Dead cat bounce. Sell on strength. Will add at RM 11.

Posted by paperplane > 2018-04-05 09:35 | Report Abuse

hehe
fast up and down, expected

Posted by shpg22 > 2018-04-05 10:49 | Report Abuse

Run anchovies....its already GAME OVER for this stock. Just a dead cat rebounce

Posted by cefiro22 > 2018-04-05 18:18 | Report Abuse

Game over?? I doubt. For KESM, business goes on and on as usual...with Funds waiting to collect when there is panic selling eg with 40% of yesterday's t/o gobbled up by KWAP's Fund Manager...Pl read>

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5748389

Once the "dust" has settled over the fear on the Tariff issue and the two giants have negotiated an amicable deal, KESM wont be selling at the prices you see today.

Posted by James Ng > 2018-04-05 18:31 | Report Abuse

https://klse.i3investor.com/blogs/general/153082.jsp
[转贴] [KESM INDUSTRIES BHD，继续增加生产效率] - James的股票投资James Share Investing

Posted by TeamRocket > 2018-04-05 20:17 | Report Abuse

Epf is collecting became a new substantial holder d, you think kesm will drop or increase?

Posted by trulyinvest > 2018-04-05 20:19 | Report Abuse

Closed almost day low. More selling in coming days

Posted by Flintstones > 2018-04-05 20:21 | Report Abuse

Kesm has superb fundamentals. However any negative macro news will affect its share price. At PE 15, it is not exactly cheap in view of a mere 10% growth in the last quarter. Interested buyers can average down

Posted by Fabien Extraordinaire > 2018-04-05 20:34 | Report Abuse

I'm with u, Flinstones.

Fingers crossed, mr.market will sell to me at 11.

Posted by aiinvestor > 2018-04-05 21:18 | Report Abuse

Misleading and deceptive comments...

https://www.sc.com.my/post_archive/sc-warns-investors-over-pump-and-du...

How to lodge an official complain:

1. https://www.sc.com.my/lodge-complaints-2/captmarket/
2. https://aduan.skmm.gov.my/Complaint/AddComplaint?NOSP=1

Just complain filed on fanchong !

Posted by TeamRocket > 2018-04-05 21:20 | Report Abuse

A share price can’t be judge by PE. It’s up to the public to decide.

Posted by aiinvestor > 2018-04-05 21:21 | Report Abuse

Kesm was down 17.45% yesterday due to some people's misleading activities here.

Posted by cefiro22 > 2018-04-05 22:40 | Report Abuse

aiinvestor...please re-post the link, address is not complete, page not found. thanks

Posted by aiinvestor > 2018-04-05 23:05 | Report Abuse

CIMB Research does not expect the appreciation in ringgit against US$ to bring material earnings impact to KESM, given that the majority of its transactions are in ringgit.

https://www.thestar.com.my/business/business-news/2018/03/09/kesm-to-post-robust-earnings-until-fy20-says-cimb-research/#YWVdgFYPsTqk3mgB.99

Posted by sell > 2018-04-05 23:07 | Report Abuse

USD 3.86 better sell.

Posted by hstha > 2018-04-05 23:11 | Report Abuse

KESM INDUSTRIES BHD
https://klse.i3investor.com/servlets/forum/600153082.jsp

Posted by hstha > 2018-04-05 23:12 | Report Abuse

Trump’s Monthly Approval Rating Hits Record Low in March
https://morningconsult.com/2018/04/05/trumps-monthly-approval-rating-hits-record-low-in-march/

Posted by hstha > 2018-04-05 23:25 | Report Abuse

Today

Inari +10.46%
Pentamaster +9.41%
Visdynamics+10.17%
MMSV +7.27%
Kesm +4.42%

Posted by hstha > 2018-04-06 00:20 | Report Abuse

Republicans Warn Trump a Trade War Risks Party’s Chances in November
http://www.ttnews.com/articles/republicans-warn-trump-trade-war-risks-partys-chances-november

Posted by hstha > 2018-04-06 08:42 | Report Abuse

Samsung Electronics tips record first-quarter profit, beating expectations

SEMICONDUCTOR SUPERCYCLE

https://www.channelnewsasia.com/news/business/samsung-electronics-tips-record-first-quarter-profit--beating-expectations-10109818

Posted by shpg22 > 2018-04-06 10:26 | Report Abuse

Another HY in the making. Now heading toward single digit

Posted by Yael Jasper > 2018-04-06 10:48 | Report Abuse

Nope.

Posted by cefiro22 > 2018-04-06 11:10 | Report Abuse

In the Stock Market, anything is possible including comparing Apples to Oranges, like you try to compare KESM to HY-Ah Heng, but the hardest thing is to put money where one's mouth is ^^..

Posted by kt888 88 > 2018-04-06 11:24 | Report Abuse

Acquisition of shares in open market by KWAP; andii. Acquisition ofshares in open market by KWAP's Fund Manager.

Nature of Interest:
Direct and Indirect Interest

Consideration:



No of Shares Held After Changes:
Direct : 1,354,000 shares (3.1480%)
Indirect/Deemed Interest : 811,800 shares (1.8870%)
Total : 2,165,800 shares

Posted by Flintstones > 2018-04-06 15:48 | Report Abuse

How long KWAP have been accumulating KESM? If they did it recently their average cost must be high. Nonetheless KWAP is a 100 bil fund. RM 30m position to them is like small change.

Posted by LimKT > 2018-04-06 17:10 | Report Abuse

Too many uncertainties.

Posted by jordanmaggie61 > 2018-04-06 17:24 | Report Abuse

paliment will disolution today?

Posted by cefiro22 > 2018-04-06 21:16 | Report Abuse

about KWAP...read more at >>

https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=39221420

KWAP was the main buyer when panic set in on KESM on the April 4 selling. It is reassuring to know that they have the reputation of being a prudent, professional and successful Fund Manager.

Posted by victory015 > 2018-04-06 22:21 | Report Abuse

I read Kesm 2017 annual report. Kesm focuses on automotive, data processing, industrial of semiconductor industry. It is a growing industry. The middle term prospect is good.

Posted by hstha > 2018-04-07 00:58 | Report Abuse

中美貿易爭端　信用風險上升 | http://www.klsescreener.com/v2/news/view/363443

A trade war has not started yet. You don't need to worry so much. The current price is based on the asuumption that a trade war will take place in the future.

Posted by hstha > 2018-04-07 01:04 | Report Abuse

Its PE is too low.

Posted by hstha > 2018-04-07 01:05 | Report Abuse

If a stock's net profit grows with 5% more than three years, P/E around 17 would be appropriate.

If a stock's net profit grows with 10% more than three years, P/E around 20 would be appropriate.

Posted by hstha > 2018-04-07 01:08 | Report Abuse

Corporate income tax cut in the US has started in 2018.