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[Brief] Malaysian semiconductor stocks decoupled from the US technology sector in 2023, mainly due to the fact that demand has not recovered, and they have not directly benefited from Nvidia and the AI chip industry chain.
After entering 2024, many semiconductor companies have indicated that the destocking cycle is coming to an end. Besides automotive semiconductors, other types of semiconductors have shown signs of recovery.
In February 2024, with MPI delivering better-than-expected financial results and positive outlook, another giant INARI is also expected to perform well. The financial report will be released on February 26th.
From the current market capital flow perspective, the theme rotation seems to have reached the technology sector.
On 28th February 2024, this auspicious day, let's listen to Zeff's in-depth sharing of INARI's performance report and the latest news in the industry! See you there!
[Mentor] Zeff Tan, Chief Mentor of MALAYSIA SHARIX, Stock Market Researcher [Join Us] Tailored for moomoo users! 28th February, 8.00pm, don't miss it! Want to know the latest developments in the semiconductor industry? Quickly invite stock friends around you to learn together!
[Disclaimer] All views expressed in the live broadcast and videos are the independent opinions of SHARIX. moomoo and its affiliated companies are not responsible for the content and opinions.
After entering 2024, many semiconductor companies have indicated that the destocking cycle is coming to an end. Besides automotive semiconductors, other types of semiconductors have shown signs of recovery.
In February 2024, with MPI delivering better-than-expected financial results and positive outlook, another giant INARI is also expected to perform well. The financial report will be released on February 26th.
From the current market capital flow perspective, the theme rotation seems to have reached the technology sector.
On 28th February 2024, this auspicious day, let's listen to Zeff's in-depth sharing of INARI's performance report and the latest news in the industry! See you there!
[Mentor] Zeff Tan, Chief Mentor of MALAYSIA SHARIX, Stock Market Researcher [Join Us] Tailored for moomoo users! 28th February, 8.00pm, don't miss it! Want to know the latest developments in the semiconductor industry? Quickly invite stock friends around you to learn together!
[Disclaimer] All views expressed in the live broadcast and videos are the independent opinions of SHARIX. moomoo and its affiliated companies are not responsible for the content and opinions.
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INARI 业绩深度解读 ,马股半导体将重获青睐 ?
Feb 28 06:00
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Moomoo is currently hosting a stock paper trading activity in Malaysia that targets local users🔥🔥. Participants can gain a better understanding of the overall market, including stock prices, trading volumes, and other indicators by engaging in paper trades. This method effectively improves trading skills and knowledge, as it allows investors to validate their trading strategies and test their reliability.
In addition to enhancing trading abilitie...
In addition to enhancing trading abilitie...
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As we all know, the United States and China are the two major powers in the world, so their export data ranks in the top 2. So where does Malaysia stand? We appear on the left, but what's impressive is that Singapore, with such a small territory and population, has more export data than Malaysia.
Find our own shortcomings and continue to move forward. We hope that under the leadership of the new government, Malaysia's exports can continue to grow stronger. Go, Malaysia!
Find our own shortcomings and continue to move forward. We hope that under the leadership of the new government, Malaysia's exports can continue to grow stronger. Go, Malaysia!
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$Nike (NKE.US)$ When we talk about MAGNI, we must think of its excessive dependence on NIKE. In FY2023, the single major customer, NIKE, contributed 88% of the turnover, a very astonishing proportion. However, in the past two years, MAGNI's trend has started to decouple from NIKE. After the pandemic, NIKE has consecutively hit historic highs in turnover for 3 years, with a growth of 37% from the bottom of FY2020.
On the other hand, in the past 3 years, MAGNI's turnover has been stuck below the RM1.23 billion mark. Over the past 10 years, MAGNI has been growing together with NIKE. Recently, there has been a stagnation phenomenon, which we speculate is due to NIKE keeping its orders to MAGNI unchanged in recent years, with additional orders being transferred to other country peers to diversify potential supply chain risks.
The data from MAGNI's annual report in the peak period shows that the net income reached RM127.186 million (with a significant portion coming from Other Income like land sales), but in the latest financial year, it fell to RM95.371 million.
Despite a 4.8% decrease in turnover in the latest quarter, MAGNI delivered a new high of RM32.726 million in net income for the 10 quarters, growing by 36.2% annually, significantly increasing the Profit Margin performance.
The increase in margin was mainly due to the annual cost reduction of the company's operations...
On the other hand, in the past 3 years, MAGNI's turnover has been stuck below the RM1.23 billion mark. Over the past 10 years, MAGNI has been growing together with NIKE. Recently, there has been a stagnation phenomenon, which we speculate is due to NIKE keeping its orders to MAGNI unchanged in recent years, with additional orders being transferred to other country peers to diversify potential supply chain risks.
The data from MAGNI's annual report in the peak period shows that the net income reached RM127.186 million (with a significant portion coming from Other Income like land sales), but in the latest financial year, it fell to RM95.371 million.
Despite a 4.8% decrease in turnover in the latest quarter, MAGNI delivered a new high of RM32.726 million in net income for the 10 quarters, growing by 36.2% annually, significantly increasing the Profit Margin performance.
The increase in margin was mainly due to the annual cost reduction of the company's operations...
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China’s economic performance has been gloomy and generally below the market’s consensus. The National Bureau of Statistics of China had released July’s CPI , YoY -0.3% , a slightly bit better than market’s expectation of -0.4% . This is the first time China fell into deflation since early 2021.
Most of the news circulating out there were portraying this set of data badly , but the MoM increment in CPI was neglected by the market.
From the chart abov...
Most of the news circulating out there were portraying this set of data badly , but the MoM increment in CPI was neglected by the market.
From the chart abov...
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In June, Malaysia's listed companies finally broke the 1,000 mark. Mainly because many companies have taken turns going public recently, and the second half of the year will come one after another.
As of August, the total number of listed companies in Malaysia Stock Exchange was 1,007, and it is expected that 15 or more companies will line up for listing in the next 5 months. In fact, now, after many technology or EMS sectors have surged more than 100% after listing, there will be a correction in the next few months, so there is no need to be too anxious if you can't get an IPO.
I sincerely hope that all newly listed companies will do their best to grow their company, not just to make money by going public. Also, the Moo Moo horse stock market is already online, so everyone can start exploring hard. We will also share more useful features with you in the future.
As of August, the total number of listed companies in Malaysia Stock Exchange was 1,007, and it is expected that 15 or more companies will line up for listing in the next 5 months. In fact, now, after many technology or EMS sectors have surged more than 100% after listing, there will be a correction in the next few months, so there is no need to be too anxious if you can't get an IPO.
I sincerely hope that all newly listed companies will do their best to grow their company, not just to make money by going public. Also, the Moo Moo horse stock market is already online, so everyone can start exploring hard. We will also share more useful features with you in the future.
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Hi everyone, newbie Xiaobai started studying online
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ahyao : let's go
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ahyao : Is the father of that memory stick back home still there?
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