Background Inari Amerton Bhd ("Inari") is involved in the outsourced semiconductor assembly and test services and electronics manufacturing services. It is well-known as one of the suppliers to Apple for the manufacture of its iPhones. Recent Business News Apple recently revealed that it anticipates revenue to come in below expectations. Apple expects revenue...
For QE31/710/2018, Apollo's pre-tax profit rose 20% or 32% y-o-y to RM5.0 million while revenue was mixed- up 8.3% q-o-q but down 10.3% y-o-y to RM47 million. Revenue dropped y-o-y mainly due to decrease in sales orders from local markets. PBT rose y-o-y due to lower operating expenses and higher forex gain in the quarter. (Note: Apollo's latest result was...
Notwithstanding the weaker financial performance and negative outlook on its current year prospect, I feel that VS deserves to be rated as a HOLD based on sharply lower share price and reasonable valuation.
Despite satisfactory financial performance, AEONCR is still a good stock for long-term investment in view of its fairly attractive valuation and still positive technical outlook.
Based on the diagram, make used of the down time to buy some good stocks. Good luck and stay safe!
Despite the weak financial position and poor financial performance, Armada still has a decent chance of pulling through in view of its strong management. This is helped by signs of recovery in the oilfield services sector- despite recent weakness in crude oil prices. Due to the sharp drop in share price, Armada could be a good stock to a recovery play. However,...
Airasia is a Malaysian success story and a great export to the world. I sincerely hope that it would not be dragged down by Tony's endorsement of Najib & BN. The short-term weakness in the share price could be an opportunity for investors who want to get into the stock. Good luck!
Just before GE14, I posted that Opcom's rally was overdone. I still stand by my previous take on the stock. However, I would readily admit that it may exceed my expectation as it is a penny stock. Most penny stocks are strange creatures that move at the rhythm of the more volatile players in our market- the retail players. Once a retail player buys into a trading...
Those who are very bullish on CIMB and wish to take a leveraged bet on this stock, may consider CIMB-C37. One good warrant screener to use for picking warrants that fit your requirement is KLSE Warrant Screener
Based on the above, I believe that it is a good time to take some profit on PMETAL as well as other aluminium stocks (especially ALCOM). Good luck!
From the chart below, you can see that QL has done a breakout/pullabck and then continued to go higher. The current "dance" is likely to be the same. Thus, QL could be a trading BUY now. A note of caution; do exercise careful discretion in all trading given the present weakness in the market.
Based on technical analysis, Topglov could be a trading BUY. If you choose to trade these breakout, please do so with caution given the many headwinds we are facing now. Good luck!
Gamuda looks much more attractive after the big drop. It is now resting on the horizontal line at RM2.00. This could be a good entry to the best construction company in Malaysia and gives us an opportunity to buy into these stocks at attractive price level. If you are a long-term investor, this opportunity should not be missed. Good luck!