http://finance.yahoo.com/news/july-payrolls-jobs-report-2016-000000366.html The US economy added 255,000 jobs in July, as the unemployment rate held at 4.9%. This is according to the Bureau of Labor Statistics’ July US employment situation report. University of Michigan professor Justin Wolfers noted that the US has now seen jobs grow for a record 70 consecutive months.
RAIDER SPECIAL ADVICE TO KESM INVESTOR AND TRADER LOH....!!
THE SHARE PRICE HAS FALLEN FROM RM 6.90 TO RM 6.38 WITHIN A PERIOD OF 3 DAYS LOH....RAIDER KNOW ALOT OF YOU PANIC MAH....!!
IF U BOUGHT LOW LIKE RAIDER....AT RM 4.80....U STILL MAKE GOOD MONIES LOH....!! BUT SOME 0F U ARE PONDERING WHETHER SHOULD U LARI KUAT KUAT OR LOCK IN PROFIT NOW LOH....!!
IF U HAVE NO HOLDING POWER....RAIDER HAVE NO OBJECTION U CAN CABUT MAH.....!!
BUT IF U WANT TO MAKE MORE MORE .....THEN RAIDER ADVICE U SHOULD HOLD LOH....!! HOWEVER TO PROTECT YOURSELF RAIDER ADVICE U TO SET YOUR STOP AT THE 6.00 TO PROTECT YOUR GAIN LOH...!!
THE TARGET PRICE IS MUCH MORE... IT IS RM 8.20 TO 16.00...SO U DO NOT NEED TO CABUT TOO EARLY MAH...!! UNLESS YOUR STOP TRIGGER MAH....!!
RAIDER IS STILL HOLDING LOH....!! DON LET OLY PANIC U MAH......STEADY LOH.....THIS IS HOW U MAKE BIG BIG MONIES MAH....!! Re
I have same view with raider bro loh! Superln last time also like tht Mah. Certain time you see profit taking. But at the end if you holD long, 100% return is a sure th8ng mah
agreed with raider and paper view. most of the time we cannot time the market. since kesm is undervalue counter. stay hold for appreciation. but stock is not all the way up. if you see the opportunity to sell for profit taking when everyone is excited, you will come to know that is really a temporary correction.
If drop near 6 i will buy more loh. As now i only buy till half of what i want only mah...longterm we need to review from time to time. I deeply believe semiconductor in cars still has many bull years ahead mah.
Strong balance sheet with RM63.6m cash pile. Despite the expansion drive these past few years, KESM was still able to maintain a net cash position (RM1.48/share). Looking ahead, we projected CAPEX to come in at RM50m/RM70m for FY16/FY17. While dividends are expected to maintain at a modest 15% pay-out ratio (dividend yield of 1.9%), we see scope for a bonus issue, given the high retained earnings of RM219.5m and very low share capital of just RM43.0m
Betting big on the automotive segment. KESM is well positioned to benefit from two salient trends; (1) rising global automotive sales (expected to exceed 100m units in 2017 from 91m in 2015), and (2) increased electronic chips content in cars. The value content of electronics in a car is expected to grow from USD284 to USD330 from 2014 to 2019. The automotive segment represents an area of high growth potential and has enabled the Group to diversify into a segment that offers longer product life cycle and higher margin.
In a sweet spot. KESM began as a company involved in burn-in services for the semiconductor industry. The company’s foray into the Testing Services industry over the years has begun to bear fruit and KESM now enjoys a market-leading position as the largest independent “Burn-in & Test” service company in Malaysia. Recently, KESM completed the acquisition of the remaining 34.6% equity interest in KESM Test (in May 2015) for RM35.0m. The automotive segment now accounts for 70-80% of revenue (UNISEM and MPI derive c.17% and 23% of revenue from the Automotive industry, respectively), with the balance coming from the commercial segment.
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....
newbie92
418 posts
Posted by newbie92 > 2016-08-05 12:12 | Report Abuse
Buy on weakness?