Tech Stocks continue sleeping?
$MPI (3867.MY)$ Based on the latest qr, the core profit is only about RM37mil+, margin is the lowest compared to the past few quarters.
It shows that the automotive field is still not performing that well. Moreover, the forex loss will further reduce their profit on the next quarter. The cost of time to hold tech stocks at this moment seems quite high. What do you guys think?
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104174101 : Follow big fund buy
103247732 : You’re right, OSAT margin is very low, all the contracts are in USD, forex losses will eat up all the margin.