Posted by Darkoda > 2018-04-19 09:13 | Report Abuse

Even car sales also fell. I guess demand for semiconductor vehicle will fall temporary too. So just lock in your profits and enjoy whatever profits that you all have. Invest again next time.

Vehicle sales fall 6.9% y-o-y in March
http://www.theedgemarkets.com/article/vehicle-sales-fall-69-yoy-march

"Malaysia's vehicle sales fell 6.9% or 3,733 units to 49,985 units in March, compared with 53,718 units in the corresponding month last year. This has been the third consecutive month of lower on-year sales. In February and January, vehicle sales fell 4.4% and 0.2% respectively."

Posted by aiinvestor > 2018-04-19 09:21 | Report Abuse

Two large Chinese ingot and wafer makers have announced bold plans to expand their capacities beyond anything seen to date.

At the end of February, Zhonghuan Semiconductor Chairman and General Manager Shen Haoping braved the bitter cold to personally inspect the installation of new monocrystalline ingot furnaces at the company’s factory in Inner Mongolia, nestled between the Blue Mountains and the Hetao Plateau.

https://www.pv-magazine.com/2018/04/14/the-weekend-read-chinas-monocrystalline-boom/

Posted by aiinvestor > 2018-04-19 09:22 | Report Abuse

Malaysian car sales do not matter.haha

Posted by aiinvestor > 2018-04-19 09:37 | Report Abuse

U.S. auto sales jumped in March: GM, Fiat Chrysler, Toyota increase
https://www.usatoday.com/story/money/cars/2018/04/03/u-s-auto-sales/480980002/

Posted by Darkoda > 2018-04-19 10:16 | Report Abuse

The Challenge of Tight Silicon Wafer Supply – Impacts and Implications
By Sungho Yoon, Sr. Market Research Analyst, and Dan Tracy, Sr. Director, SEMI

March 27, 2018

http://www.semi.org/en/challenge-tight-silicon-wafer-supply

"Chip makers continue to struggle to secure more silicon wafers to meet market demand as production capacity has reportedly fallen short of their needs.

Low wafer inventory levels could potentially hamper growth for semiconductor equipment market as it would be difficult for device makers to expand fab capacity without securing stable wafer supply chain in advance."

Posted by cefiro22 > 2018-04-19 13:09 | Report Abuse

Interesting comments/news...tks for sharing. Only a few months back in Jan 2018, everybody was euphoric about KESM..buy, buy and buy till it hit a new high of 22.70 on Jan 8, 2018. Nobody ever thought then that there could be this wafer shortage. If in 3-4 months, the situation can change so rapidly, so can the reverse take place to see KESM hit another new high 3-4 months when the shortage now becomes "surplus"...hence, Worth taking a plunge when prices are depressed like now. Who know where the "bottom" is?

Posted by hstha > 2018-04-19 19:34 | Report Abuse

Strong China Q1 growth supported by construction, manufacturing | http://www.klsescreener.com/v2/news/view/368521

Posted by hstha > 2018-04-19 19:36 | Report Abuse

Sunright was up 0.62% today. Don't believe any analysts blindly.

Posted by hstha > 2018-04-19 20:28 | Report Abuse

Sunright did not get affected by the CIMB analyst at all.

Posted by tecpower > 2018-04-20 15:41 | Report Abuse

Kesm has little to do with smart phones.

Posted by Sebastian Sted Power > 2018-04-20 17:00 | Report Abuse

when research house issue something -ve, mean they found the +ve (you sell, they will buy)
when research house issue something +ve, mean they found the -ve (you buy, they will sell)

Dont buy when research house ask you buy; dont sell when research house ask you sell. They are the real shark want makan ikan bilis

Posted by shpg22 > 2018-04-20 17:22 | Report Abuse

Spot on. If you saw a snake & an IB, kill the IB first.
Initiate STRONG SELL !!! Target price 12.50

Posted by jordanmaggie61 > 2018-04-20 17:24 | Report Abuse

time to drop

Posted by cefiro22 > 2018-04-20 19:51 | Report Abuse

Price to 12.50 Great!..Catch it even at 13.00 > put it in your pocket, hatch it to CIMB Target price.

Posted by Darkoda > 2018-04-20 21:10 | Report Abuse

Although KESM is a solid company with good fundamentals, we sometimes will get dragged down by other people's bad sentiment and bad decisions.

Will definitely drop further for next 2 months until 3Q report released... and that's provided if there's no lower net profit reported YoY due to wafer supply issues... which will further instigate another selldown.

I guess only enter on 4Q hopefully their customer problems solved and collect when price has lowered a lot. Buy low, sell high.

Good luck.

Posted by BAT_ > 2018-04-20 21:18 | Report Abuse

Affin conman?

Sebastian Sted Power when research house issue something -ve, mean they found the +ve (you sell, they will buy)
when research house issue something +ve, mean they found the -ve (you buy, they will sell)

Dont buy when research house ask you buy; dont sell when research house ask you sell. They are the real shark want makan ikan bilis
20/04/2018 17:00

Posted by enning22 > 2018-04-21 15:25 | Report Abuse

you need to see from another angle, currently it could be over priced .also check PE ratio, future earning prospect etc.... more deadly is current trade war in electronic sector has any impact etc.

Posted by cefiro22 > 2018-04-22 16:33 | Report Abuse

All said, appreciate any idea at what price would be considered fair and a bargain to hold till the next 3rd Qtr. Result is announced. Sometimes use "gut feeling"...who knows, impossible to buy at the lowest. As KESM future growth is ok, whoever has faith and can hold will be rewarded.

Posted by tecpower > 2018-04-22 20:29 | Report Abuse

North Korea 'halts missile and nuclear tests', says Kim Jong-un
http://www.bbc.com/news/world-asia-43846488

Posted by tecpower > 2018-04-22 20:36 | Report Abuse

Kesm is basically ovesold as it plunged due to a not so reliable forecast. (It dropped 7.30%).

It has little to do with smart phones. --> No need to drop again.

Posted by victory015 > 2018-04-23 10:04 | Report Abuse

>> Catch it even at 13.00
agree

Posted by cefiro22 > 2018-04-23 10:25 | Report Abuse

Will not regret catching it even at 15/- first, already being hit at 16.54...clinging to "life-buoy" now.

Posted by Darkoda > 2018-04-23 12:45 | Report Abuse

Tech stocks slide following sell-off in US last week - The Edge Markets
http://www.theedgemarkets.com/article/tech-stocks-slide-following-selloff-us-last-week

Posted by victory015 > 2018-04-23 19:02 | Report Abuse

kesm is doing badly

Posted by aiinvestor > 2018-04-23 22:19 | Report Abuse

Oversold. Sunright was down 0.64% today. Kesm is an automotive semiconductor stock. It has little to do with iphones.

Posted by tecpower > 2018-04-23 22:27 | Report Abuse

Malaysia looks to widen tech exports in Germany

Some of the major items exported were machinery and parts mainly for the semiconductor industry, as well as heating and cooling equipment and parts.
https://themalaysianreserve.com/2018/04/23/malaysia-looks-to-widen-tech-exports-in-germany/

Posted by tecpower > 2018-04-23 22:45 | Report Abuse

Semi-Conductor Peers Comparison @ 21st April 2018 - KESM, MPI, UNISEM, VITROX, INARI, GTRONIC - oldfriendsinvesting
https://klse.i3investor.com/blogs/kianweiaritcles/154709.jsp

Posted by tecpower > 2018-04-23 23:33 | Report Abuse

I'm optimistic about Kesm. KESM has not shown bad QRs yet.

Posted by Darkoda > 2018-04-24 06:45 | Report Abuse

Dow posts 4-day losing streak as tech falls, rates rise https://cnb.cx/2qRmx6t

Posted by victory015 > 2018-04-24 22:53 | Report Abuse

https://www.investopedia.com/news/chip-stocks-may-have-hit-their-2018-highs/?utm_source=chart-advisor&utm_campaign=www.investopedia.com&utm_term=12980028&utm_content=04/23/2018&utm_medium=email

Posted by tecpower > 2018-04-25 00:39 | Report Abuse

Inari was up 8.82% on Tuesday. Some semiconductor stocks including KESM are oversold. Kesm may surge near future.

Posted by tecpower > 2018-04-25 00:54 | Report Abuse

Malaysian investors tend to overeact, so most semiconductor stocks have priced in the worst scenario. That's why you don't need to sell Kesm on this level.,

Posted by Dartmaster > 2018-04-25 01:03 | Report Abuse

Tomorrow kesm rm 14

Posted by trulyinvest > 2018-04-25 06:31 | Report Abuse

Gap down

Posted by tecpower > 2018-04-25 08:50 | Report Abuse

China, Hong Kong stocks rally as Beijing vows to hit economic targets | http://www.klsescreener.com/v2/news/view/370321

Posted by tecpower > 2018-04-25 08:51 | Report Abuse

Unisem has been always the worst semiconductor performer. Globetronics's QR was good.

Posted by Darkoda > 2018-04-25 10:01 | Report Abuse

The whole semiconductor industry in Malaysia are having issues now. Slow smartphone sales globally, wafer supply shortage, RM strengthened and USD weakened. Don't touch for now. Although KESM not involved in phones, price will still get dragged down for the next few weeks cos of severe wafer supply issue on their customers' side and very bad market sentiment. Good luck.

Posted by victory015 > 2018-04-25 13:58 | Report Abuse

kesm will sink below rm15, let's all dump kesm before it is too late. we can always buy back later

Posted by Darkoda > 2018-04-25 17:05 | Report Abuse

Getting lower and lower day by day.

Posted by leekh5555 > 2018-04-25 18:07 | Report Abuse

sold all, switch to SAM..

Posted by tecpower > 2018-04-25 21:32 | Report Abuse

Texas Instruments Gives Rosy Sales Forecast; Shares Jump

Industrial, automotive markets are leading growth in demand

Texas Instruments Inc., the largest maker of chips that help run most electronic devices, gave a quarterly sales and profit forecast that topped estimates, defusing concerns that orders are trailing off amid weaker demand across the semiconductor industry.
https://www.bloomberg.com/news/articles/2018-04-24/texas-instruments-gives-rosy-sales-profit-forecast-shares-jump

Posted by tecpower > 2018-04-25 21:34 | Report Abuse

Kesm is the best Malaysian semiconductor stock

It focuses on automotive applications, not smart phones, and it hardly gets affected by strong ringgit.

Posted by joekit > 2018-04-25 21:44 | Report Abuse

aiya...i bought rm7 one....how ah...need to throw not...worry now..

Posted by tecpower > 2018-04-25 22:08 | Report Abuse

TI profit tops estimates on automotive, industrial demand; shares rise
https://www.reuters.com/article/us-texas-instrument-results/ti-profit-tops-estimates-on-automotive-industrial-demand-shares-rise-idUSKBN1HV2P2

(Reuters) - Chipmaker Texas Instruments (TXN.O) topped Wall Street targets for first-quarter profit and gave a stronger-than-expected outlook for the second quarter, thanks to higher sales of semiconductors used in cars and industrial machinery.

Posted by hstha > 2018-04-25 22:27 | Report Abuse

China stocks rally on policy easing speculation | http://www.klsescreener.com/v2/news/view/370781

Posted by tecpower > 2018-04-25 23:31 | Report Abuse

China Invites Foreign Cash to Build a World-Class Chip Industry

Beijing takes foreign money for its second chip-sector fund
The surprise announcement comes as U.S.-China tensions simmer
https://www.bloomberg.com/news/articles/2018-04-25/china-invites-foreign-cash-to-build-a-world-class-chip-industry

Posted by tecpower > 2018-04-25 23:35 | Report Abuse

Autonomous vehicles: The onset of level-three autonomous vehicles on the road is the next significant development for the semiconductor industry. Google’s Waymo aims to launch its autonomous ride-sharing service as early as 2018. Nvidia expects its Drive PX 2 platforms that deliver level-three autonomy to power some models of Toyota and Tesla. There could be some significant growth in Nvidia’s and Intel’s automotive revenue in 2018. Also, the consumption of electronic components for infotainment, safety, navigation and fuel efficiency has increased, which, in turn, will finally drive the demand for MCUs, analog ICs, and sensors.
https://www.businesswire.com/news/home/20180425005774/en/Top-Developments-Semiconductor-Industry-Infiniti-Research

Posted by tecpower > 2018-04-25 23:37 | Report Abuse

Samsung Begins Mass Production of 10nm-class 16Gb LPDDR4X DRAM for Automobiles
https://www.wvnews.com/newsfeed/business/samsung-begins-mass-production-of-nm-class-gb-lpddr-x/article_51313b40-a768-5173-ae3c-267d121cf5bc.html

Posted by tecpower > 2018-04-25 23:42 | Report Abuse

New Shifts In Automotive Design

Four big shifts in automotive design and usage are beginning to converge—electrification, increasing connectivity, autonomous driving and car sharing—creating a ripple effect across the automotive electronics supply chain.

Over the past few years the electronic content of cars and other vehicles has surged, with electrical systems replacing traditional mechanical and electro-mechanical subsystems. That has been a key driver for semiconductor growth, and autonomous vehicles are the poster child of this effort. But the emergence of this market also will result in profound technological and sociological changes.
https://semiengineering.com/confluence-of-automotive-trends-impacting-semi-design/

Posted by tecpower > 2018-04-26 00:07 | Report Abuse

Semiconductor Companies Showing Earnings Strength: Srinivasan https://www.bloomberg.com/news/audio/2018-04-25/semiconductor-companies-showing-earnings-strength-srinivasan