KLSE (MYR): MPI (3867)
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Last Price
23.60
Today's Change
-0.26 (1.09%)
Day's Change
23.60 - 23.90
Trading Volume
66,300
Ann. Date | Name | Details of Changes | Securities After Changes | |||||||
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Date | Type | No. of Shares | Price | Direct (%) | Indirect (%) | Total (%) |
After declining in the first half of 2024, electronic sales rebounded in Q3 2024, growing 8% QoQ, with a projected QoQ increase of 20% in Q4 2024. IC sales also rose by 12% QoQ in Q3 2024 and are expected to grow another 10% in Q4 2024. Overall, IC sales are forecasted to increase over 20% in 2024, primarily driven by memory products due to price improvement across the board and strong demand for data center memory chips.
Additionally, both the Test and the Assembly and Packaging segments experienced impressive YoY increases of 40% and 31%, respectively, in Q3 2024, and this growth is anticipated to continue for the remainder of the year.
1 month ago
Wow, MPI declared impressive QR! I m right again on better MPI business prospects!
1 month ago
Congratulations MPI management team, staff and of course, not to forget the loyal MPI shareholders!
1 month ago
KUALA LUMPUR (Nov 25): Semiconductor packaging and testing services provider Malaysian Pacific Industries Bhd (KL:MPI), a unit of Hong Leong Group, said it is anticipating a challenging operating environment ahead, even as it reported a near doubling of its net profit for its first quarter spanning July to September this year.
The group's net profit for the first quarter ended Sept 30, 2024 (1QFY2025) surged to RM30.13 million from RM16.52 million in 1QFY2024, as revenue climbed while operating expenses fell, which helped offset the impact of a less favourable foreign exchange rate, MPI said in its Monday bourse filing. And due to tax incentives granted to its subsidiaries, MPI's effective tax rate for 1QFY2025 is lower than the statutory tax rate.
Revenue rose marginally to RM516.57 million from RM513.21 million, while operating expenses dropped RM9.46 million to RM19.79 million.
MPI declared an interim single-tier dividend of 10 sen per share, to be paid on Dec 24, maintaining the same payout as in the corresponding period last year. The group remained in a net cash position as of end-September, with a cash balance of RM1.06 billion against total borrowings of RM69.83 million.
During the quarter, MPI saw its revenue contribution for the Asia and Europe segments increase by 8%, while revenue from the US segment declined by 23%.
Looking ahead, the group cautioned that its operating environment could be affected by geopolitical instability, currency fluctuations and inflationary pressures.
“The group will focus its emphasis on cost optimisation through automation and process enhancements, while refining its strategy to gain business on growing chip demand in renewable energy, electric vehicles and artificial intelligence sectors,” MPI said.
MPI’s shares rose 28 sen or 1.15% to close at RM24.68 on Monday, valuing the group at RM5.18 billion. The stock has been on a downward trend in recent weeks, declining from its year-high of RM41.02 in June. This has resulted in a year-to-date loss of nearly 12%.
-The Edge-
1 month ago
My decision is right to invest in US market! The yield is way better than Malaysia market!
1 month ago
Wow, China EV is pretty innovative! Thumb up!
https://youtu.be/qdHLYFIz-OI?si=ZaU729upvPQ3WPZP
1 month ago
MPI core profit breaking new high in such competitive environment! However share price weakening! Sigh… As I said, Malaysia market is lousy, better move to strong market for instance USA!
1 month ago
MPI
Revenue RM516.57 million, up 0.7% (YoY)
Net profit RM30.13 million, up 82.4% (YoY)
This is way better than many other tech companies!
Thumb up, MPI!
1 month ago
analysts briefing slides for those who are interested-
https://mpind.my/wp-content/uploads/2024/11/MPI-Detailed-investor-presentation-Q1-FY25_251124-v1.pdf
1 month ago
MPI news from the star for those who are interested
https://www.thestar.com.my/business/business-news/2024/11/25/mpis-net-profit-jumps-824-to-rm30mil-in-1q25
1 month ago
Has been collecting MPI shares lately because MPI business is growing with good profit margins, and astonishing high net cash of RM 1040 million.
MPI share price crashing below 10 year low is way deviated from intrinsic value of MPI as tech giant with huge investment in AI servers (45% of revenue), followed by automotive (36% of revenue), 5G and IOT (13%) and PC (5%). I m confident that MPI share price is bottoming out and would resume up trend soon.
Happy investing and hv a good day.
1 month ago
The world is hungry for more energy with the establishment of more AI based industries. The only way out is to use energy efficient technologies such as SiC, GaN in AI related products. Market forecast global SiC semiconductor devices to grow at CAGR of 23.8%. It was USD 1.89 billion in 2022, projected to grow to USD 10.39 billion in 2030 (source: www.researchandmarkets.com). Hope it helps for those interested. Thanks and hv a good day.
1 month ago
Wolf speed up 15.87% overnight market! Yeah! I m right again to exit Malaysia market and invest in US market!
1 month ago
Tesla share breaking new high, post market calling for USD 429 per share! Hurray! Better sell your shares in Malaysia and switch to US stock for higher profit margins!
1 month ago
Semicon equipment sales to climb 16 percent in 2025, says Semi
https://bits-chips.nl/article/semicon-equipment-sales-to-climb-16-percent-in-2025-says-semi/
1 month ago
Gradual earnings growth likely for chip sector on rising demand
https://www.thestar.com.my/business/business-news/2024/12/10/gradual-earnings-growth-likely-for-chip-sector-on-rising-demand
1 month ago
Tesla share breaking new high again, post market calling for USD 439+ per share! Hurray! Better sell your shares in Malaysia and switch to US stock with higher profit margins!
1 month ago
Tesla share breaking new high again, market calling for USD 456+ per share! Hurray! Better sell your shares in Malaysia and switch to US stock with higher profit margins!
1 month ago
Tesla share breaking new high again, post market trading above USD 473+ per share! Hurray! Better sell your shares in Malaysia and switch to US stock with higher profit margins!
1 month ago
Many people hv moved funds to US markets for better and higher returns! Remember Trump gonna be in office in January 2025!
Jack, you may continue your dreams and hope your money can flip more than 100% in Malaysia market… zzz
I m not dreamer like you, Jack! In fact, I m one of the active value investors looking for better opportunities!
1 month ago
Tesla share breaking new high again, pre market trading above USD 477+ per share! Hurray! Better sell your shares in Malaysia and switch to US stock with higher profit margins!
1 month ago
Tesla share breaking new high again, closed at USD 479+ per share! Hurray! Better sell your shares in Malaysia and switch to US stock with higher profit margins!
1 month ago
The semiconductor industry is poised for another remarkable performance in 2025, according to Bank of America. Despite a stellar year, which saw heavy investment in artificial intelligence, experts predict that interest may shift towards other sectors like automotive and industrial chipmakers. This change could lead to a rebound in production and inventory replenishment, particularly if the global economy begins to recover.
https://www.reporterosdelsur.com.mx/news-en/the-semiconductor-surge-what-to-expect-in-2025/50856/#google_vignette
3 weeks ago
Over half a decade, Malaysian Pacific Industries Berhad managed to grow its earnings per share at 6.7% a year. This EPS growth is slower than the share price growth of 17% per year, over the same period. So it's fair to assume the market has a higher opinion of the business than it did five years ago.
2 weeks ago
My next target is $20 after crashing below $25..
Comerades must be very happy avoiding madness crashing in tech stock
1 week ago
Epf will support MPI and Inari as not Chinese owned like Unisem or Siltera...
5 days ago
Bingo, skywalker! I hv recommended my followers scooped big when MPI trading below 23! To my surprised, MPI rebounded strongly earlier than expected! Haha!
3 days ago
Trump will be in "No Face" position if the Chip Export Policy been approved. He is a tough man, hope he will give that policy a hard one to go
1 day ago
pang72
Jepun, you target $12??
Maybe... I No cruel how low!!
2 months ago