Impossible. Unless sunright bought in market this few days. So far no announcement. If they wan to privatize, they should rather privatize before the share price up.
The demand for our burn-in and test business remains relatively strong for devices used in cars. Internet of Things, mobility & connectivity to big data analytics have brought new opportunities for Sunright. But the sharp decline in the ringgit exchange rate recently and lower distribution activities, have impacted our overall sales performance. However, operational cost containment and a higher mix of new applications with better margins have enabled us to sustain our financial results.” The worldwide semiconductor revenue was estimated to close at US$333.7 billion in 2015, representing a contraction of 1.9 percent from US$340.3 billion in 2014
Lifestyle changes demand the need for higher quality and reliability of semiconductor devices, especially those used in cars and data centres. These are significant growth potential markets for Sunright and we will continue to invest in our product innovation which is essential to our business. Our customers are intensively creating products for new applications and will look to Sunright to provide advanced burn-in and test solutions. These developments will add value to our shareholders.”
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....
fattycat
700 posts
Posted by fattycat > 2016-07-27 12:38 | Report Abuse
6.41 yeah~~~