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$PIE(7095.MY$
Although Guangyu Industrial's net profit for the first quarter of FY2024 shrank by 31.24% year-on-year to RM9.7 million due to falling demand from existing electronics manufacturing services (EMS) customers, the overall performance is still optimistic by the market.
Due to sluggish demand in the computer peripherals market, the revenue of the electronics manufacturing (EMS) division, which contributed 80% of revenue, shrank 19%, and customer A's load volume decreased, and only 30%-40% of the required orders were delivered in the first quarter.
Kennag Investment Bank Research still loves Guangyu Industrial. The main ones are 1) comprehensive skills, which are the preferred foundry for multinational companies, 2) as a foundry for Hon Hai Group, which has competitive advantages, and 3) diversified customers.
Looking ahead to the second quarter, experts believe that with the settlement of IC supply, and the completion of the renovation of Plant No. 5, which operates in June and produces all orders from Customer A, the second quarter's performance will improve. In addition, the company has begun to produce orders from small customers, namely drones, oral cancer diagnostic machines, smart homes, and industrial sensors, which will increase revenue by 8% to 12% in FY2024.
$PIE(7095.MY$
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. Readers are solely responsible for any risk and liability arising from reliance on this content. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. Author and minister...
Although Guangyu Industrial's net profit for the first quarter of FY2024 shrank by 31.24% year-on-year to RM9.7 million due to falling demand from existing electronics manufacturing services (EMS) customers, the overall performance is still optimistic by the market.
Due to sluggish demand in the computer peripherals market, the revenue of the electronics manufacturing (EMS) division, which contributed 80% of revenue, shrank 19%, and customer A's load volume decreased, and only 30%-40% of the required orders were delivered in the first quarter.
Kennag Investment Bank Research still loves Guangyu Industrial. The main ones are 1) comprehensive skills, which are the preferred foundry for multinational companies, 2) as a foundry for Hon Hai Group, which has competitive advantages, and 3) diversified customers.
Looking ahead to the second quarter, experts believe that with the settlement of IC supply, and the completion of the renovation of Plant No. 5, which operates in June and produces all orders from Customer A, the second quarter's performance will improve. In addition, the company has begun to produce orders from small customers, namely drones, oral cancer diagnostic machines, smart homes, and industrial sensors, which will increase revenue by 8% to 12% in FY2024.
$PIE(7095.MY$
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. Readers are solely responsible for any risk and liability arising from reliance on this content. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. Author and minister...
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There is a saying, when you are about to show off your gains - there is about time to sell. Therefore, I decide to post this after I have sell most profitable stocks.
You do not need many successful stock picks to achieve great return, but you need to be concentrated in terms of size, and be focused in what you do.
When you are smaller in account, higher return seems more viable. But always remember the power of compouding, use your pro...
You do not need many successful stock picks to achieve great return, but you need to be concentrated in terms of size, and be focused in what you do.
When you are smaller in account, higher return seems more viable. But always remember the power of compouding, use your pro...
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Bursa Petron Malaysia is a refinery cum petrol station business. Many believes that electric vehicles would eventually disrupt the petrol station business. But I suspect that it is probable a decade away.
Does this mean that we should no consider investing in Petron Malaysia? Over the past 12 years, the company delivered an average return that was greater than its cost of funds. This is a financially sound company whose performance is affected by cru...
Does this mean that we should no consider investing in Petron Malaysia? Over the past 12 years, the company delivered an average return that was greater than its cost of funds. This is a financially sound company whose performance is affected by cru...
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$Cheetah Net Supply Chain Service(CTNT.US$
The buyers of the shares at $.62 were dumping feriously. The lock-up had must have expired and they wanted out with anyone who bought above $5. This is exactly how DJT stock will act once President Trump can dump.
The buyers of the shares at $.62 were dumping feriously. The lock-up had must have expired and they wanted out with anyone who bought above $5. This is exactly how DJT stock will act once President Trump can dump.
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