SC perhaps need to put a road block like what they did on ICON. Put it as designated stock to stop shark play especially to eat those inexperience retail investors!
We are experiencing heightened levels of activities and inquiries from both Taiwan and Korea.
In 2020, (Mi, Li and Ai Series) will remain as a key revenue contributor. As for (Si Series), the pace of transferring the product development activity to China will experience some slowdown in the 1st half of this year but will accelerate in the 2nd half. The slowdown is mainly due to the Covid‐19 outbreak.
As for the Li Series which caters to FOWLP wafer/panel reconstruction process, we are targeting to launch a new platform by 2Q2020 which offers higher speed and specifications.
Note: Si isn't contributing much in 2019 but MI alrdy achieved more than double quarterly sale. So Q1 Q2 2020 we can expect similar sale volume. After 1st half 2020 Si will start kicking in. On the other hand, the newly improved Li will start to boost earning too.
6 reasons MI hasn't reached it's terminal growth stage
1. Only 54% of 290mil public issue is utilised 2. Automation segment not contributing yet 3. ATE equipments not contributing yet (Si found it's market n expected to contribute in 2nd half 2020) 4. 5G is in infancy stage 5. Launch of new platform for Li in 2Q2020 6. Because yy said so
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Investz
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Posted by Investz > 2020-02-21 15:20 | Report Abuse
When gooshen sell. We hold. when he comment drop. Buy more.