Posted by freddiehero > 2022-03-08 08:31 |

Post removed.Why?

Posted by CharlesT > 2022-03-08 08:46 | Report Abuse

If u ask me, I wouldnt surprise at all if rr88 oredi keyed in to sell few bits lower b4 mkt opens...lol

Posted by xuxu > 2022-03-08 08:49 | Report Abuse

gap down opening hehe

Posted by rr88 > 2022-03-08 08:52 | Report Abuse

Not selling.

Brief knee jerk to downside for a while and then recover because ALL TECH STOCKS HAVE REACHED CHEAP AND ATTRACTIVE VALUATION.

Russian and Ukrainian FOREIGN MINISTERS are meeting in Turkey. Negotiation is elevated to higher level because SOLUTION IS WITHIN SIGHT.

OIL TRADES AND OIL STOCK TRADES will suffer STEEP LOSSES. TECH STOCKS TRADES will enjoy STEEP GAINS.

Because you trade AHEAD OF TIME, not the present time.

BUY THE DIP AND HOLD.

Posted by NatsukoMishima > 2022-03-08 08:53 | Report Abuse

1.xx coming

Posted by CharlesT > 2022-03-08 08:54 | Report Abuse

Posted by rr88 > 1 minute ago | Report Abuse

Not selling.

Sure or not? If u r an experienced trader as u proclaimed all this while, U will stick to yr cut loss point (10%?) strictly one woh

Posted by CharlesT > 2022-03-08 08:55 | Report Abuse

If 10% drop fm yr buying price how? Hold tight tight? Buy more?

Posted by CharlesT > 2022-03-08 08:59 | Report Abuse

Anyway dont worry I will key in to buy 1 lot (100 shares) at 2.79 to support u...Hope can help u a bit

Posted by CharlesT > 2022-03-08 09:00 | Report Abuse

As per my promise ytd....

Posted by xuxu > 2022-03-08 09:23 | Report Abuse

got some contra gain, no point to hold

Posted by bang_miskin > 2022-03-08 09:24 | Report Abuse

Sit tight and enjoy the ride, downtrend continues. For those averaging down, hope you will not be needing the money soon.

Posted by Flyhighest > 2022-03-08 09:29 | Report Abuse

Today presents opportunity to cut for those who haven't. Its uncertainty that markets don't like.

Posted by Flyhighest > 2022-03-08 09:33 | Report Abuse

Remember its taking a breather for the next leg down

Posted by CharlesT > 2022-03-08 09:38 | Report Abuse

Abt 60% plunge fm the peak of 7.60.....

I think at worst another 10% drop....I think lah

Posted by CharlesT > 2022-03-08 09:40 | Report Abuse

Anyway Dnex is always fun for trading....I hope rr88 didnt panic n sold at 0.80+ just now....lol

Posted by monetary > 2022-03-08 10:12 | Report Abuse

either get rich or get stuck. no turning back!

Posted by CharlesT > 2022-03-08 10:19 | Report Abuse

Dont worry lah should be better than Glove.....

Posted by monetary > 2022-03-08 10:26 | Report Abuse

all in tech stocks

Posted by investmalaysia618 > 2022-03-08 10:29 | Report Abuse

add another 3k shares today. slowly add

Posted by EatCoconutCanWin > 2022-03-08 10:42 | Report Abuse

Yup. Nothing to worry. Buy in n hold it. Sure uptrend back.. yeepee

Posted by Flyhighest > 2022-03-08 11:00 | Report Abuse

Wait for one more rout guys... that is going to be nasty... be prepared.. calm before storm

Posted by CharlesT > 2022-03-08 11:13 | Report Abuse

depends on the War....not the operators

rr88 cut win or cut loss oredi ah?

Posted by EatCoconutCanWin > 2022-03-08 11:21 | Report Abuse

2nd wave, hold strong.. don't let go.

Posted by xuxu > 2022-03-08 11:26 | Report Abuse

very weak ... hehe

Posted by treasurehunt > 2022-03-08 11:29 | Report Abuse

What wave is it? Build another dam again for the next waterfall wave?

Posted by gemfinder > 2022-03-08 11:40 |

Post removed.Why?

Posted by CharlesT > 2022-03-08 12:03 | Report Abuse

rr88 dont worry my buy Q of 1 lot at 2.79 is still there waiting for u

Posted by CharlesT > 2022-03-08 12:05 | Report Abuse

Sam drops 10% D&O n Kobay drops 8%+ UWC drops 7%+ now

Posted by SooHai > 2022-03-08 12:23 | Report Abuse

No eye to see.
Tech lost momentum
Better cut loss and save capital

Posted by Benhobenhobenho > 2022-03-08 12:46 | Report Abuse

Tech correction had been overdone, time for uptrend again.

Posted by EatCoconutCanWin > 2022-03-08 13:00 | Report Abuse

Got flu + coughing don't come in greatech working. Don't listen, now all spreading, all quarantine at home. Share drop, knn betui

Posted by Jokers2020 > 2022-03-08 13:18 | Report Abuse

let it drop like yesterday baru ada oppurtunity to collect

Posted by EatCoconutCanWin > 2022-03-08 13:54 | Report Abuse

After kena covid, you just mention don't come in. Too late lo. Mati liao baru korek

Posted by rr88 > 2022-03-08 15:18 | Report Abuse

Now 2.83 = ROCK BOTTOM
Hold for 3 months, you can sell at 5.00..

Posted by Mabel > 2022-03-08 15:26 | Report Abuse

Hahaha ...rr88 sure cannot hold one...

Posted by YourQuirkyWays29 > 2022-03-08 15:40 | Report Abuse

@rr88 hold for how long depends on whether we going into WW3 or the world revert back to normal.

Posted by NatsukoMishima > 2022-03-08 15:43 | Report Abuse

@ Posted by CharlesT > 5 hours ago | Report Abuse

Abt 60% plunge fm the peak of 7.60.....

I think at worst another 10% drop....I think lah
_____
No u are wrong , there will be another 60%-70% drop starts from today onwards !

Posted by CharlesT > 2022-03-08 15:57 | Report Abuse

rr88 has yet to cut loss ah? Tonight cant sleep well again loh?

I m still waiting for u there at 2.79...1 lot...

Posted by EatCoconutCanWin > 2022-03-08 16:08 | Report Abuse

i took loan from my uncle, gai liao this time

Posted by YourQuirkyWays29 > 2022-03-08 16:12 | Report Abuse

@coconut LOL, I hope you're joking. If not really gai, too gai.

Posted by CharlesT > 2022-03-08 16:18 | Report Abuse

rr88 can u see my 1 lot q at 2.79 now?

Posted by rr88 > 2022-03-08 16:25 | Report Abuse

2.83 is a GOLDEN RATIO RETRACEMENT.

I calculated again n again n i got the same figure, 2.83.

It will close at this point today. After 6 months it will go back to 7.00. After a year it will be breaking new highs above 9.00.

Golden retracement is part of the blooming process. Buy n hold.

Posted by rr88 > 2022-03-08 16:27 | Report Abuse

Nice try charles darwin. Lowest was 2.81 only.

Posted by CharlesT > 2022-03-08 16:36 | Report Abuse

Tmr will q again....u have my support dont worry

Posted by rr88 > 2022-03-08 16:48 | Report Abuse

Today TECH BOTTOM was put in place across all tech stocks. The only way to go for tech stocks is North. Hold. Dont sell. Consider yrself lucky to be able to buy it near bottom of this massive tech correction.

Posted by CharlesT > 2022-03-08 16:52 | Report Abuse

U sure ah?
Vtrox drops 13% today
MPI drops 12% today
Kobay drops 10% today

Others drop 4% to 9%

Posted by CharlesT > 2022-03-08 17:14 | Report Abuse

Those drops more than 50% fm their peaks as at today (08 Mac)

1) Gtronic -64%+
2) MI -70%+
3) Penta -60%+
4) VIS -70%+
5) Greatec-62%+
6. JHM-57%+
7. UWC-59%+
8. DUFU-56%+
9. Kobay-60%+
10. Aemulus -50%+

New additions:
11.Unisem -50%+

In Waiting list:
KESM-47%
MPI-46%
FRONTKEN 46%

Posted by Cakes Moon > 2022-03-08 19:58 | Report Abuse

CharlesT, could you also include Atech & Coraza?

Posted by Mabel > 2022-03-08 22:52 | Report Abuse

Rising interest rate vs. chip demand. Malaysia’s technology sector has mirrored the Nasdaq’s performance, which has slipped 13% since the beginning of the year amid expectations of rising interest rates due to worsening inflationary pressures. This is the aftermath of the pandemic which created supply bottlenecks while monetary policies such as raising interest rates have limited impact in easing these disruptions.

On the other hand, semiconductor demand remains robust. According to the Semiconductor Industry Association (SIA), the industry sold 1.15tril chips (up 10% YoY) in 2021, totalling US$555.9bil (up 27% YoY). Global sales for January 2022 continue to be strong with a 27% YoY growth. This is led by sales in Americas which grew 40%, followed by Europe 29% (Exhibit 4). As such, we remain optimistic on the industry, supported by resilient semiconductor demand from the adoption of 5G network infrastructure and devices; vehicle electrification and autonomous driving; and the increasing application of Internet of Things (IoT) among businesses and consumers.

Minimal Russia-Ukraine war impact. We view the Russian military assault on Ukraine as having minimal impact on the local technology sector. Based on World Semiconductor Trade Statistics (WSTS), Russia is not a significant direct consumer of semiconductors, accounting for less than 0.1% of global chip purchases. In addition, the global nature of the semiconductor industry is supported by a diverse set of suppliers for key materials, hence posing neither a significant nor immediate supply chain risk from the invasion. Therefore, we are of the view that the war, which resulted in sanctions on Russia, will have an insignificant impact to global semiconductor demand.

We reiterate our OVERWEIGHT stance on the technology sector and believe investors should seize the recent sell-off as an opportunity to accumulate companies with strong fundamentals. Our top picks are:

MPI: We continue to like MPI for its core strength in investing in the right technology at the right time. MPI is set to benefit from: (i) its early move to produce silicon carbide and gallium nitride power products with applications in electric vehicles, servers, renewable energy and consumer gadgets; (ii) continuous investments in automation for cost optimisation; and (iii) its strong net cash position of RM865mil as at Dec 2021 (11% of market capitalization), which allows for strategic investments, M&A opportunities and greenfield expansions.

Inari: We remain upbeat on Inari’s prospects as a proxy to the rapid growth of 5G telecommunications technology through its radio frequency (RF) business, which is set to benefit from the expected increase in demand for 5G smartphones. The group’s bright earnings outlook arises from: (i) the resilience of its RF earnings due to higher chip complexity in 5G phones; (ii) net cash of RM2bil as at Dec 2021, which translates to 17% of its market cap; and (iii) its continuous efforts to enhance and diversify revenue streams by joint-venturing into outsourced semiconductor assembly and test manufacturing in China.

Risks to the sector stem from:
Persistent supply chain disruptions;
Resurgence of new Covid-19 variants and the efficacy of existing vaccines towards the variants; and
Weaker-than-expected sales due to customers cutting back on production on the back of supply shortages, as well as margin compression from higher material costs and logistics cost, with the latter being further exacerbated by the Russia-Ukraine conflict.

Source: AmInvest Research - 7 Mar 2022

Posted by rr88 > 2022-03-09 06:30 | Report Abuse

Directors/CEO/COO cannot tahan oredy. All came in in droves to buy 3.50 - 4.00 because ITS CHEAP!