Posted by New994 > 2021-07-15 14:18 | Report Abuse

possible to get a bit on this lam research big biscuit as Lam engineer is applied engineer client

Posted by walletchong > 2021-07-15 14:24 | Report Abuse

Lam Research stock price US$618

https://finance.yahoo.com/quote/LRCX/

Posted by hannahwong > 2021-07-15 14:25 | Report Abuse

Long term guys.. I hope QES = next D&O

Posted by flyyoufools > 2021-07-15 14:27 | Report Abuse

The initial JV capital is 4M, 70% from AET and 30% from QES. Seemed logical, since the proposed factory is not ready until 4Q 2022.

Anyway, this news will bring no profit to qes for current fy.

Posted by face > 2021-07-15 14:31 | Report Abuse

Applied Engineering (AE) will file for IPO in US....guess what is the valuation IPO will bring to QES

Posted by kentrade888 > 2021-07-15 14:34 | Report Abuse

QES in JV with US-based Applied Engineering to set up plant in Penang
TheStar Thu, Jul 15, 2021 01:40pm - 52 minutes ago



QES Group president Chew Ne Weng said being a JV partner, it will play its role to support this high technology equipment manufacturing project using its established networks across Asean, China and other parts of Asia for AET to expand from Malaysia

KUALA LUMPUR: QES Bhd is teaming up with US-based Applied Engineering (AE) to provide high-tech electromechanical contract manufacturing services in Batu Kawan Industrial Park, Penang.

Both parties had signed an agreement to set up the JV company, Applied Engineering Technology (M) Sdn Bhd (AET) to provide the services which range from prototyping to high volume production, according to a joint statement on Thursday.

The JV will cater to the specific needs of clients in the semiconductor equipment manufacturing, life science and medical devices, defence, and aerospace market segments, not only in Malaysia, but also to Asean countries and China.

The proposed initial investment for AET is about RM5mil with an initial workforce of 20 workers, comprising mainly engineers and technicians. The investment is set to expand up to RM20mil over the next three years.

AET looks to kick-start its operations in a temporary premise before moving to its new factory in Batu Kawan Industrial Park during the fourth quarter of 2022.

Malaysian Investment Development Authority (MIDA) CEO Arham Abdul Rahman said the electrical and electronics (E&E) and related services industries continue to assume a critical role in Malaysia’s industrial development.

He said they are part of the critical global supply chain and ecosystem to support other high technology industries.

“MIDA is optimistic that AE’s presence here will further boost the development of our high technology equipment ecosystem, enable more opportunities for our local vendors and spur high-employment for Malaysians,” he said.

AE president Jack Yao said MIDA had been crucial in enabling both companies to come together to set up the JV.

“Malaysia will provide the launching pad to AE’s strategical move to expand outside USA to service its major customers in Malaysia and the Asia Pacific.

AE will bring its latest generation of high-end technologies to Malaysia and builds up a whole new technology sector. A significant number of R&D activities are also planned for this new location. Malaysia can benefit its position as a technology-country and can strengthen the region as a high-tech manufacturing hub in Asia Pacific.”

QES Group president Chew Ne Weng said being a JV partner, it will play its role to support this high technology equipment manufacturing project using its established networks across Asean, China and other parts of Asia for AET to expand from Malaysia.

“QES hopes to leverage the well-established and technical strength of AE to further improve our manufacturing capabilities. Together with MIDA, QES anticipates AET will create a sustainable high technology equipment manufacturing eco-system within E&E and medical segments for Malaysia,” said Chew.

Posted by Fc78020 > 2021-07-15 14:40 | Report Abuse

no goreng ka.

Posted by kentrade888 > 2021-07-15 14:42 | Report Abuse

face： where you got that AE will apply ipo in usa?

Posted by flyyoufools > 2021-07-15 14:44 | Report Abuse

No goreng, no limit up, no heavy sell on news are good sign. Meaning the current price is in sync with the news. A

Posted by Fc78020 > 2021-07-15 14:45 | Report Abuse

haiya.. manyak potong steam la

Posted by flyyoufools > 2021-07-15 14:51 | Report Abuse

Stock is not a get rich scheme man

Posted by MrsLee > 2021-07-15 15:25 | Report Abuse

Omg...drop again...

Posted by billybob123 > 2021-07-15 15:27 | Report Abuse

what just happened! and ofc glove shoots up like crazy

Posted by GoodBoy > 2021-07-15 15:28 | Report Abuse

Wow ! Today recorded 13,215 new covid cases ...

Posted by manager777 > 2021-07-15 15:39 | Report Abuse

I want to say thank you who sold 0.825 ticket to me :D

Posted by Aaron_tan > 2021-07-15 15:43 |

Post removed.Why?

Posted by Fc78020 > 2021-07-15 15:57 | Report Abuse

haha, gay operator

Posted by kentrade888 > 2021-07-15 15:57 | Report Abuse

Maybe the performance will be tomorrow.

Posted by face > 2021-07-15 15:57 | Report Abuse

Applied Engineering INC (AE) sudah dapat dalam bag QES...apa takut? Just buy and hold long term can become Vitrox/Greatech

Posted by Aaron_tan > 2021-07-15 15:58 | Report Abuse

face Applied Engineering INC (AE) sudah dapat dalam bag QES...apa takut? Just buy and hold long term can become Vitrox/Greatech
--------------------
from 20 cent to 0.97, all already factor in

Posted by manager777 > 2021-07-15 16:04 | Report Abuse

This covid case effects only temporary. People need time to digest the new norm. Last year when positive cases hit 2k, we all panic already. This year if the positive cases hit the same 2k we consider situation better already.

Posted by dracohelius > 2021-07-15 16:11 | Report Abuse

QES is normally a Friday rule player, let's see tomorrow guys

Posted by flyyoufools > 2021-07-15 16:12 | Report Abuse

No heavy sell on news is a good sign

Posted by Aaron_tan > 2021-07-15 16:15 | Report Abuse

close 0.83, tomorrow 0.77

Posted by vespa > 2021-07-15 16:24 | Report Abuse

only 30% equity stake in JV

Posted by face > 2021-07-15 16:56 | Report Abuse

13K high cases and also didn't sell on JV news....price still maintain, well is a good sign to more uptrend next week.

Posted by Bgt 9963 > 2021-07-15 16:56 |

Post removed.Why?

Posted by Weechichi > 2021-07-15 17:23 | Report Abuse

I didn't even notice today is already Thursday lol..tmr TGIF! huat la..cheers..

Posted by manager777 > 2021-07-15 17:29 | Report Abuse

The boss did explained in AGM, this JV agreement as preparation to expand business in Singapore. Their target customer: http://www.cnbc.com/2021/06/22/globalfoundries-announces-new-singapore-plant.html?utm_term=Autofeed&utm_medium=Social&utm_content=Tech&utm_source=Facebook#Echobox=1624348998

Posted by Aaron_tan > 2021-07-15 17:32 | Report Abuse

omega Another longkang expert just drop by... may be graduated from U-drain university Jalan Alor/Chow Kit
-------------------------
ya many longkang experts here. gg already still dont know

Posted by Weechichi > 2021-07-15 17:36 | Report Abuse

Over years, I have seen many people failing over and over again..however, they don't admit their failures and don't even willing to learn.. which has led to a vicious cycle for them..I have a message to mid-long-term longist, it is better for us and those potential value investors to silently scoop up the shares..there isn't a need to elaborate further about this counter as everything is already on the card..for those who missed so just let them be by hating themselves for being poor (passing over opportunities repeatedly)..cheers..

Posted by Powerplay666 > 2021-07-15 18:06 | Report Abuse

Expanding core business is booming and some more jv with Applied ENGINEERING to further boost earnings from next year onwards. If we have learnt anything from the last 12 months its that tech stocks are the only ones that will consistently grow x 5-10 times in share price. Catch this before it goes over rm1. Next year easily RM 2-3.

Posted by Aaron_tan > 2021-07-15 20:23 | Report Abuse

Lol make sure u all in ya

Posted by Newbie318 > 2021-07-15 21:05 | Report Abuse

Ha ha hold tight guys and you will be rewarded.

Posted by greenonion > 2021-07-15 21:37 | Report Abuse

New QES joiner here!

Posted by manager777 > 2021-07-15 21:48 | Report Abuse

Been here since 0.40

Posted by manager777 > 2021-07-15 21:48 | Report Abuse

Since then average up my portfolio in QES

Posted by greenonion > 2021-07-15 21:56 | Report Abuse

Never too late for a RM2 and above tech stcok

Posted by AllanTingAS > 2021-07-15 22:20 | Report Abuse

Dreaming

Posted by MrRightMrLeft > 2021-07-15 22:28 | Report Abuse

Yeah..dreaming is free by the way

Posted by DepecheM > 2021-07-16 03:42 | Report Abuse

QES is a millionaire maker....hold for long term and make big money... once QES reports double digit profits consistently, the dream of becoming the next Vitrox or Greatec will become real.

Posted by Aaron_tan > 2021-07-16 07:54 | Report Abuse

Todsy willl below 0.8. See to believe

Posted by Risk Trader > 2021-07-16 08:05 | Report Abuse

Will fall around to 78-80 cent then will bounce back,,,

Posted by lalazai9 > 2021-07-16 08:11 | Report Abuse

Lol sell on news trend coming, once news release game over no more show run for ur life, this is bursa pattern hehe

Posted by Westeros > 2021-07-16 08:28 | Report Abuse

Wee..I agree I will not be commenting much on this tread moving forward. All the best to the long term holders may we prosper.

Posted by Bgt 9963 > 2021-07-16 08:50 |

Post removed.Why?

Posted by fazil > 2021-07-16 09:30 | Report Abuse

no shark operator to buy in yet..can goreng abit untill reac 50 sen..this somthing like MOU...with AE...US econmi also in a bad shape..

Posted by Fc78020 > 2021-07-16 10:30 | Report Abuse

lol stagnant.. the worst

Posted by hotdogge > 2021-07-16 10:40 | Report Abuse

buy call 0.855

Posted by Newbieinshare > 2021-07-16 10:41 | Report Abuse

Buy only dun ask why. Buy for the future