Posted by tecpower > 2018-04-13 00:51 | Report Abuse

PHLX semiconductor index was 1287.70 on 2 Januay. Now it is 1341.54.

Semiconductor rally is coming!

Posted by tecpower > 2018-04-13 01:19 | Report Abuse

S&P 500 on the verge of turning positive for 2018 in broad stock-market rally
https://www.marketwatch.com/story/the-sp-500-is-struggling-to-turn-positive-for-2018-as-stock-market-rallies-2018-04-12?mod=bnbh

Posted by tecpower > 2018-04-13 08:15 | Report Abuse

Kesm is like to move back to 20.00 in a short time considering the value of Phlx semiconductor index.

Posted by hellbender > 2018-04-13 11:40 | Report Abuse

I just found out about this stock... damn ... i couldnt believe it...bought it at 17.40 but now already 17.86. Cant wait for it to go up to 20.00 as per the price target of cimb, kenanga, and affin.

I supposed some of you guys bought it at very much lesser price.

Posted by cefiro22 > 2018-04-13 12:01 | Report Abuse

Of course I bought much earlier before KWAP came into the scene, so being a "novice" temptation was to "lock" in profits only to find subsequently that KWAP has been targeting this stock to collect more and more. The only direction for KESM now is up and up to test again the 20/-level. Why sell?...Ride with it.

Posted by paperplane > 2018-04-13 15:52 | Report Abuse

Wow

Posted by jordanmaggie61 > 2018-04-13 16:00 | Report Abuse

tomorrow?

Posted by Flintstones > 2018-04-13 16:48 | Report Abuse

22.70 incoming?

Posted by Jerry Yip > 2018-04-13 16:52 | Report Abuse

Kikikikikikikikiki 18 lu add oil add oil

Posted by Hush77 > 2018-04-13 19:10 | Report Abuse

Mungkin lepas kyy dan otb jual ala mafia style @$14... skrg 2 ekor kawan itu beli balik @ $18.. lepas nampak kwap beli..
Skrg bagus naik langit

Posted by Hush77 > 2018-04-13 19:14 | Report Abuse

Sama macam heng yuan

Posted by paperplane > 2018-04-13 19:22 | Report Abuse

Goreng goreng

Posted by cefiro22 > 2018-04-13 22:55 | Report Abuse

I think the "free" float of KESM shares in the open market now, is about 8 million, and if Institutions keep accumulating with KWAP aggressively buying, there will be less and less sellers, so the price will only appreciate as the Company's profits improve, Subject to unforeseen developments, hopefully none or minimal, then up and up and away you go KESM ***

Posted by leecuteguy > 2018-04-14 02:07 | Report Abuse

more buyer will turn to seller , if the price appreciate...... you cant say less n less seller lor

Posted by limch > 2018-04-14 03:03 | Report Abuse

KWAP still buying. Will it like VS later? KWAP bought at RM 3 now left RM 2.3.

Posted by trulyinvest > 2018-04-14 13:58 | Report Abuse

Mon gap down due to war? Asian market wil down sharplu?

Posted by aiinvestor > 2018-04-15 11:17 | Report Abuse

The study shows that Malaysian stock market has significantly overreact to SARS
outbreak, while significantly underreact to September 11th terrorist attacks. Although
Gulf Crisis and Invasion of Iraq involve oil producing country, surprisingly,
Malaysian stock market does not show any evidence of stock overreaction behaviour
towards those events.

http://econ.upm.edu.my/ijem/vol4no2/bab07.pdf

Posted by Hush77 > 2018-04-15 13:30 | Report Abuse

Untuk yg masih tidur...airstrike sudah habis /tamat...monday seperti biasa ..tak ada impact

Posted by cefiro22 > 2018-04-15 13:44 | Report Abuse

Pl dont be too sure...BBC = Syria air strikes: US still 'locked and loaded' for new chemical attacks.

Posted by hstha > 2018-04-15 14:23 | Report Abuse

“While the human toll is immeasurable, 25 years of history shows us that the market impacts of US missile strikes have generally been small and brief,” wrote Jeffrey Kleintop, the chief global investment strategist at Charles Schwab & Co., in a LinkedIn post. He offered the following chart, which showed that in the first day after such a strike, global stocks typically decline—falling in 58% of such sessions—although the average move is just a drop of 0.2%, the kind of shift that happens almost daily.
https://www.marketwatch.com/story/why-stock-investors-shouldnt-fret-a-us-missile-strike-on-syria-in-one-chart-2018-04-12

Posted by hstha > 2018-04-15 19:13 | Report Abuse

Bursa Malaysia to see slightly better trading next week http://m.thesundaily.my/node/540087

Posted by aiinvestor > 2018-04-15 23:24 | Report Abuse

Kesm may hit 19.00 on Monday.

Posted by aiinvestor > 2018-04-15 23:28 | Report Abuse

"Syrian attack on markets would be minimal. The stock markets are valued with its future cash flows discounted to present value and unless the cash flows are dependent on such geographies, the impact on the stock market will not be significant," Shubham Agarwal, CEO & Head of Research at Quantsapp Private Limited told Moneycontrol.

"Syria is a crude oil exporter but its 34th on the rank for crude export and is not material enough to alter the crude oil price for any inter-correlation impact of the stock market with commodities," he said.

Posted by aiinvestor > 2018-04-16 08:23 | Report Abuse

Nikkei 225 and ASX 200 are up today.

Posted by tecpower > 2018-04-16 11:00 | Report Abuse

Small and mid cap stock bargains | http://www.klsescreener.com/v2/news/view/366803

Posted by Lim Tek Wai > 2018-04-16 11:18 | Report Abuse

cant tahan liao . Gonna buy this liao!

Posted by Lim Tek Wai > 2018-04-16 11:18 | Report Abuse

anyone want sponser me ? :DDD

Posted by KarWeng > 2018-04-17 11:43 | Report Abuse

Why no movement at all wit kesm today?

Posted by tecpower > 2018-04-18 07:14 | Report Abuse

PHLX Semiconductor Sector was up 1.89% yesterday. very bullish
https://www.marketwatch.com/investing/index/sox

PHLX semiconductor index was 1287.70 on 2 Januay.
It ended with 1,357.72 yesterday.

Kesm should move up to 20.00 soon.

Posted by dlye7735 > 2018-04-18 09:09 | Report Abuse

https://www.theedgemarkets.com/article/cimb-ib-research-downgrades-kesm-lowers-target-price-rm1960

Posted by trulyinvest > 2018-04-18 09:15 | Report Abuse

not much upside

Posted by Jessie Ng > 2018-04-18 11:14 | Report Abuse

good

Posted by victory015 > 2018-04-18 12:14 | Report Abuse

bought at 16.86, not sure it goes down or up this week

Posted by cefiro22 > 2018-04-18 16:50 | Report Abuse

16.66 and 16.54 thrown to me last minute just before 'matching' time...some desperate sellers?

Posted by YouBuyIBuy > 2018-04-18 17:19 | Report Abuse

kesm already up so much, mpi still got more room to up leh, why u all choose kesm ? PE also higher

Posted by Flintstones > 2018-04-18 19:21 | Report Abuse

The growth story has changed. What the cimb report essentially told us was revenue is going to be flat at least for the next one or two quarter due to wafer bottlenecks. I have took some profit and expect near term selling pressure.

Posted by trulyinvest > 2018-04-18 19:51 | Report Abuse

Rm12 coming

Posted by Chris Chow > 2018-04-18 20:18 | Report Abuse

http://www.chinapress.com.my/20180418/%E5%8E%9F%E6%96%99%E4%BE%9B%E6%87%89%E5%8F%97%E9%99%90%E6%88%96%E5%BD%B1%E9%9F%BF%E7%94%A2%E8%83%BD-kesm%E5%B7%A5%E6%A5%AD%E4%B8%80%E5%BA%A6%E6%8C%ABrm1-08/

Posted by aiinvestor > 2018-04-18 21:24 | Report Abuse

CIMB Equities Research downgraded it from Add to Hold with a lower RM19.60 target price from RM22.
Read more at https://www.thestar.com.my/business/business-news/2018/04/18/telcos-banks-weigh-on-klci-kesm-top-loser-after-downgrade/#yjkdU8EeYmPw4DBV.99

Posted by aiinvestor > 2018-04-18 21:26 | Report Abuse

Just an analyst's forecast. How many forecasts exist?

Posted by aiinvestor > 2018-04-18 21:30 | Report Abuse

Silicon wafer production capacity last year wasn’t enough to meet supply and demand across several IC segments, particularly memory components and discrete semiconductors, which resulted in component shortages and extended lead times. Wafer capacity is now forecast to increase over the next two years, which will lessen supply constraints and stabilize pricing as more capacity is brought online.
https://epsnews.com/2018/02/22/component-shortages-will-ease-wafer-capacity-grows/

Posted by aiinvestor > 2018-04-18 22:11 | Report Abuse

Sunright was down 1,23% today. Today investors overreacted.

It said the prolonged wafer supply shortage was a downside risk, while potential accelerating recovery in wafers supply was an upside risk to its call.

Read more at https://www.thestar.com.my/business/business-news/2018/04/18/kesm-sees-rm37m-erased-after-downgrade/#bHT4sXEJFtZy8Sd5.99

Posted by victory015 > 2018-04-18 22:23 | Report Abuse

it seems kesm revenue and profit are reduced due to wafer shortage.

Posted by aiinvestor > 2018-04-18 22:31 | Report Abuse

wafer supply shortage was recognized last year.
But Kesm's net profit increased 12% YoY. the analyst does not know if wafer supply shortage will improve or not. But he forecasts it will not improve by the end of Q3 and that it will improve after that. That kind of forecast is without any reasonable bases.

Posted by cefiro22 > 2018-04-19 07:24 | Report Abuse

Over-reaction + Panic = Opportunity

Posted by trulyinvest > 2018-04-19 07:31 | Report Abuse

Dun b overconfident

Posted by Flintstones > 2018-04-19 07:38 | Report Abuse

aiinvestor, good homework. The chart, however, says otherwise.

Posted by aiinvestor > 2018-04-19 08:04 | Report Abuse

Sunright was down only 1.23% yesterday. Buy Kesm.

Posted by Darkoda > 2018-04-19 09:04 | Report Abuse

When KESM's Executive Director + 9 (NINE) fund managers had a conference call TOGETHER and AGREED there is wafer supply constraints and lower revenue & profit for the next 2 quarters, their views bears very heavy weight.

Wafers supply shortage concerns affecting utilisation - CIMB INVESTMENT BANK BHD
http://www.bursamarketplace.com/index.php?ch=research&pg=research&ac=401732&bb=411268

"Wafer supply constraints persist in 3QFY18F

We recently hosted a conference call with KESM’s Executive Director, Kenneth Tan, together with nine domestic fund managers. During the call, the group shared its view on the likely minimal impact from the escalation in protectionist tariffs between China and the US. In addition, KESM is still facing wafer supply constraints as its customers face assembly and production yield issues. Wafer substrate is a key raw material for the fabrication of integrated circuit (IC) chips."

Posted by Darkoda > 2018-04-19 09:11 | Report Abuse

Utilisation of their factory fall from 80% to 70%! Imagine how much revenue loss for the next 6 months! Quite high risk and possibility that next 2 quarters will have lower net profit, which in turn again will make the price fall further due to fear from irrational "investors", even if the company's fundamental are strong. Best to lock in profit than being dragged down by the market for the next 6 months.

Wafers supply shortage concerns affecting utilisation - CIMB INVESTMENT BANK BHD
http://www.bursamarketplace.com/index.php?ch=research&pg=research&ac=401732&bb=411268

"Expect utilisation to improve in 4QFY18F onwards

We expect KESM’s utilisation rate to fall from 80% in 2QFY18 to 70% in 3QFY18F due to lower wafer supply. Nevertheless, we expect the group’s supply constraint issue to improve in 4QFY18F as its customers gradually improve their production yield."