If you click open the above download, you would be surprised to find that only" five companies' are at the high end value chain. It so happens that Oppstar is one of them !!!
any idea contribution from their own IC produced by Samsung? The news is about engaging Samsung to produce their own chips but market reaction as if they design chips for Samsung, bravo Bursa!
Oppstars collaboration with Samsung Electronics the world's 2nd largest semicon company is a sign of more good deals to come. Just piggy back on Samsung is a massive boost for the young Star.However this collaboration will incur some "gestation " time. Hence patience and holding power is required. Profits won't roll in overnight so to speak.
Kenanga Inv. Bhd's remarks on the collaboration with Samsung.
The access to wafer foundries transforms IC design houses like OPPSTAR into enablers (i.e. converting concepts into tangible products) for fabless tech players such as Nvidia, Qualcomm, Broadcom, AMD, and MediaTek.
The demand for customised IC design is strong on the back of the proliferation of IoT devices, autonomous vehicles, and artificial intelligence (AI) applications. Meanwhile, statistics from Market.us reveal that the 14nm node (part of the "14nm/16nm" family) holds the largest share of global process nodes at c.28%. This dominance stems from the well-established nature of the 14nm process node, boasting high yield rates at a comparatively affordable price compared to leading-edge nodes. Moreover, the 14nm node remains highly capable for modern-day applications, as evidenced by products such as the Exynos 8 Octa, Nvidia GTX1080, and Tesla UBQ01B0 full self-driving processor, offering an ideal balance between performance and affordability.
We are highly positive on OPPSTAR’s latest development. While the earnings impact may not be immediate, we notice that investors globally are willing to pay an average CY24F PER of c.54x for IC designers with collaboration with semiconductor foundries (see Page 2), vs. OPPSTAR’s FY25F (Mar) PER of only 25x.
For me I opt for the "star" that is Oppstar. I will keep it for mid to long term. Once the chip manufacturing in operations and profits to pour in, I can't imagine what the price would be especially Oppstar is the only company has the capacity to manufacture advanced chip with the Collaboration of Samsung. I normally don't talk about other shares of different counters. But allow to quote an example. Just look at YTL Power's tied up Nvidia . Notice how YTL Power performs ?
Kenanga did hinted higher valuation when benchmarking to global peers. I dont see a reason why Oppstar cannot get that valuation. Just a matter of time before market appreciates front end semi.
Why Oppstar is considered "top grade" ? If we find out from the NIKKEI ASIA report downloaded above titled : Malaysian Silicon Valley seeds homegrown chip startups Oppstar is one of top 5 high end value chain companies in R & D / IC design. Source : Malaysian Investment Development Authority NIKKEI ASIA Research.
Patience needed. Patience pays. Not many notice this share yet Another thing the agreement has not been formalised . It takes time for both parties to prepare and the and sign the agreement. I will keep Oppstar for mid to long term. The Star would shine in due course.
Agjl, Exciting reports downloaded by you one after the other. Samsung sets to mass production of chips to meet the huge demand of Nvidia. Incident ally YTL Power tied up with Nvidia Just my imagination : Could Oppstar, Samsung, Nvidia and YTL Power team up together in chip manufacturing ??? As Oppstar has the expertise in area of chip design.
If there have a chances for Oppstar to climb up aggressively as Vstecs? After signed an agreement to be an authorised SpaceX’s Starlink high-speed internet distributor in Malaysia. The price rose up from Rm2.75 to Rm3.58 for today. Last year price just only aroun Rm1 ++. What an amazing performance. Hopefully Oppstar will hit a same performance as Vstecs once officially sign in the contract with Samsung near soon.
Kobay today touched LU. Kobay all the while is a super star among tech counters. Without any news also LU. Oppstar still a sleeping star. Have to wait patiently
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Posted by Bullbursa > 2024-05-02 09:10 | Report Abuse
The only listed chip company in Malaysia
https://asia.nikkei.com/Business/Business-Spotlight/Malaysian-Silicon-Valley-seeds-homegrown-chip-startups