3 reasons not to buy MI 1. Global economic crisis/ US-China Trade War 2. MI PE 20. (Overvalued) 3. Buying MI at 150% more premium compared to Maybank (Top 1 Market Capital in KLSE, only 30% premium)— (Extremely overvalued)
Sudden surge of share price movement is good time to take profits!
Still a joke that with this level of profit the company is worth more than 800m ringgit. Simple math will lead you to value the company at most 500m. thats about 60% overvalued at this price.
Why not buy and keep? the the copany grow slowly.. like inari ..back in 2013..only cost 30s.. I sold all at 3.00... in 2015.. if I font sell.. I can retired today with dividend per quarter of 60-80k...
You, again asking people to sell. How the f... do you know that it's going to fall until 50¢?You just escape from Tanjung Rambutan? Don't let people know that you are stupid. Keep that stupidity to yourself. Please go and see a mental doctor. He can help you. I know you are very sick. This place is not for you. Go back to Tanjung Rambutan. The doctor there can help you.
IF 45 machines (new factory @ Bayan Lepas) fully operation. Target price @2.80 at year end not a problem. Anyone here know what is the operation status as at today?
SEMI said the assembly and packaging equipment segment is on track to decline 22.6% to US$3.1 billion in 2019, while semiconductor test equipment is forecast to decrease 16.4% to US$4.7 billion this year.
cytew, u also claim good time to accumulate yongtai and Inta, you even said that inta will be above 30c in july, now both your call failed terribly, yongtai even break all time low, anything else to say to calm your follower :D
i'm not defending cytew, i even don't agree his view on OWG. But we should do own study, not rely on someone's say and then go to buy. end up blame someone. he is not god, i believe he is just working for one of big boy group. there are a lot of big boys out there, see which group is bigger only.
Good quarterly earnings result ! I thought good earnings can only be realised from 2H19 onwards. MI's performance in the coming 2H19 and 2020 will be better when semiconductor industry recovers and 5G gains momentum :) MI's stock price fell from >RM3, u can see the potential upside it has.
WoW! turbo-charged momentum. Do not forget MI came down from >RM3 due to past few quarters' relatively poor earnings, which was due to they built ATE samples for customers' trial and the new testers have not yet launched. Presently, all stars have aligned for MI. Its new plant in Bayan Lepas also has commenced operation. Another new plant in Batu Kawan will complete probably next year. MI is on track to ride on the upcycle of semiconductor industry and 5G wave in year 2020.
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....
apple168
6,236 posts
Posted by apple168 > 2019-06-12 18:38 | Report Abuse
3 reasons not to buy MI
1. Global economic crisis/ US-China Trade War
2. MI PE 20. (Overvalued)
3. Buying MI at 150% more premium compared to Maybank (Top 1 Market Capital in KLSE, only 30% premium)— (Extremely overvalued)
Sudden surge of share price movement is good time to take profits!