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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.
Translated
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 will definitely associate it with its over-reliance on NIKE. In FY2023, the single major customer NIKE contributed 88% of the revenue, a very astonishing proportion. However, in the past two years, there has been a trend of decoupling between MAGNI and NIKE. After the epidemic, NIKE has consecutively reached historic highs in revenue for 3 years, with a 37% growth from the bottom of FY2020.
In contrast, MAGNI's revenue has been stuck at below RM1.23 billion over the past 3 years. Over the past 10 years, MAGNI has been growing together with NIKE. The recent stagnation is speculated to be due to NIKE keeping MAGNI's orders unchanged in recent years, and transferring additional orders to other international peers to mitigate potential risks in the supply chain.
The data from MAGNI's annual report in the peak period shows a net income of RM127.186 million (with a large portion coming from Other Income such as land sales), but in the latest fiscal year it slipped to RM95.371 million.
In the most recent quarter, despite a 4.8% decrease in revenue, MAGNI delivered a new high of RM32.726 million in net income for the 10th consecutive quarter. With a 36.2% annual growth in performance, the Profit Margin has improved significantly.
The increase in margin was mainly due to the annual cost reduction of the company's operations...
In contrast, MAGNI's revenue has been stuck at below RM1.23 billion over the past 3 years. Over the past 10 years, MAGNI has been growing together with NIKE. The recent stagnation is speculated to be due to NIKE keeping MAGNI's orders unchanged in recent years, and transferring additional orders to other international peers to mitigate potential risks in the supply chain.
The data from MAGNI's annual report in the peak period shows a net income of RM127.186 million (with a large portion coming from Other Income such as land sales), but in the latest fiscal year it slipped to RM95.371 million.
In the most recent quarter, despite a 4.8% decrease in revenue, MAGNI delivered a new high of RM32.726 million in net income for the 10th consecutive quarter. With a 36.2% annual growth in performance, the Profit Margin has improved significantly.
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
ahyao : GTP
ahyao : What brand of hairspray do you use
ahyao : Is the father of that memory stick back home still there?
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