muhd sofian's comment on CNERGEN. All Comments
muhd sofian
8 Like · Reply
xboleh pakai no volume to push
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1 year · translate ·
cheng
Ok, Nick. Will add when there's opportunity. Seems to have more rooms for Cnergen to move higher if recent move in bursa technology index is driven by improved optimism on recovery in the second half; comparing it against the eps and PE of technology equipment stocks in main board. Example: JFTEch being priced at 0.925; eps of 0.99 and PE of 93 :) Pray for market to be efficient :)
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Like · 6 months · translate
Nick Chung
IR 4.0 . nice hint
Like · 6 months · translate
Nick Chung
Clarion Malaysia, a global automotive supplier specialising in in-vehicle Infotainment (IVI) equipment, today showcased its AI and robotics-based advanced manufacturing line that is powered by a 5G private network from YTL Communications and Cnergenz’s smart manufacturing solutions
Like · 6 months · translate
cheng
cnergenz responsible for the cloud based inventory system and AI autonomous mobile robots for the production line
Like · 6 months · translate
Nick Chung
hopefully nvdia qr missed expectations then can get more cheap tickets..
Like · 6 months · translate
cheng
hopefully, Nick. could be tough to get cheap tickets as funds/institutions are eyeing it too since foreign institutions have tripled their holdings :) I will also rebalance partial if it becomes euphoric > 0.80 as it's a mid to long term position for me - eyeing it's scalable growth.
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2 Like · 6 months · translate
Nick Chung
investors investing heavily in Malaysia right now "betting" the greatest come back of the century, from taxation to e-invoice to targeted subsidy to IR 4.0 and finally DC / railway infrastructure , Anwar is racing against time
Like · 6 months · translate
cheng
takes time, Nick. It requires some structural reforms and KLCI index constituents should be reflected accordingly. Currently the banks are still major heavyweights.
Like · 6 months · translate
Nick Chung
abang can give me cheap ticket please???
Like · 6 months · translate
cheng
only if abang and funds/institutions are selling, Nick. Else, unlikely there will be supply in the market resulting in cheap tickets
Like · 6 months · translate
Nick Chung
hey :( .... naughty naughty banker
Like · 6 months · translate
cheng
lol, Nick. We have waited and collected when it was once the hated stock :) Financial performance is around the corner and all eyes will be on the orders received in Q1.
Like · 6 months · translate
cheng
8th floor incoming
Like · 6 months · translate
Nick Chung
relax bro, anytime can limit up
Like · 6 months · translate
cheng
wah.. limit up? must be driven by big orders if it happens :)
Like · 6 months · translate
Nick Chung
oOoOO today qr...?
Like · 6 months · translate
cheng
Should be this week, Nick. Its possible that it could be today too. It will be the same for me - continue to hold as long as the margins remain at min high single digit to low double digit while waiting for scalable growth. Anything lesser than that will no longer be attractive to hold it.
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Like · 6 months · translate
Nick Chung
how cruel banker throw ticket like this... do it again xD
Like · 6 months · translate
cheng
lol, waiting for opportunities :)
Like · 6 months · translate
cheng
Mr. Market not willing to provide quotations at lower sixties.
Like · 6 months · translate
Nick Chung
abang don't like this lah.. give some ticket ma
Like · 6 months · translate
cheng
Abang said go long together with the company :)
1 Like · 6 months · translate
Nick Chung
sold half of my ifca last week now looking for my next multi bagger stock... waiting cnergen qr to decide whether to add more
Like · 6 months · translate
cheng
Cnergen is unique due to the nature of the business/industry that it is operating :) SMT/PCB industry serving factories in Malaysia, Thailand, and Vietnam region and years of working relationship with its suppliers which are the top world ranked SMT machine manufacturers; Koh Young, ASM International and etc if you will. I guessed we were lucky to be able to build positions in the fifties and sixties during the low cycle; when it was the most hated stock despite the strong fundamentals.
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Like · 6 months · translate
cheng
I will sell Censof if there is no dividend announced by end of this week :) The latest qr showing ~7M deferred revenue which is good but current price has priced in the performance. It may pullback to mid twenties if there is no dividend announced.
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Like · 6 months · translate
Nick Chung
abang give u a doji candle 50/50 chance on today's qr..?
Like · 6 months · translate
cheng
Not sure, Nick. I am holding it tightly for now :) Same goes with QES. Both of these have seen increased foreign ownerships. Let abang and the funds/institutions do what they are best at; pricing it accordingly :)
4 Like · 6 months · translate
MaGnumL
Slump down ~~~
Like · 6 months · translate
cheng
Report out should be after AGM tomorrow? Volatile Thursday if it is out tomorrow :)
Like · 6 months · translate
cheng
Anyone attended the AGM today? Will be nice if there's update on the smart manufacturing solutions for Clarion.
Like · 6 months · translate
Nick Chung
nope... but price no up no down.. qr maybe so-so
Like · 6 months · translate
cheng
Ok. Volatility should be back after the qr :)
Like · 6 months · translate
Nick Chung
ok la abang not bad 14% margin, book order up 2m a bit. abang continue sleep and collect
Like · 6 months · translate
cheng
that explained why it rebounded so much :) It has priced in the results. Did not notice any significant deferred revenue apart from the book orders. Margins are still good. Let abang and funds/institutions continue to do their job. And we tag along technically :)
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Like · 6 months · translate
Nick Chung
any market correction would be great to add more
Like · 6 months · translate
cheng
agreed and that's the only way to get good price unfortunately; hoping for market corrections.
Like · 6 months · translate
Nick Chung
https://www.klsescreener.com/v2/news/view/1333699
Like · 6 months · translate
cheng
I will just hold on to Cnergen and QES to ride the semiconductor theme for now; favourable tailwinds - china+1 strategies, capacity expansion at the back of clean balance sheet.
Like · 6 months · translate
Nick Chung
thanks abang....
Like · 6 months · translate
cheng
abang and funds/insti kuat. not willing to sell some of their tickets. have to continue waiting for supply > demand to get attractive quotes.
Like · 6 months · translate
Nick Chung
discount everywhere !!
Like · 6 months · translate
cheng
not much actually, Nick. I will wait for lower sixties to consider adding. else, will do nothing about it.
Like · 6 months · translate
cheng
lets keep an eye on the impact of this towards Cnergen's SMT machine orders in the next 12 months. https://www.mida.gov.my/media-release/spil-breaks-ground-on-new-rm6-billion-semiconductor-packaging-and-testing-facility/
Like · 5 months · translate
Nick Chung
waiting... sleeping season
Like · 5 months · translate
cheng
sleeping season is opportunity, Nick :) either buy on weakness at the support of lower sixties or upon breakout above 0.735.
1 Like · 5 months · translate
cheng
Abang and funds/insti rebalancing?
Like · 5 months · translate
Nick Chung
abang continue to sleep ... zzzz
Like · 5 months · translate
cheng
No chance to get lower sixties :( sleep through Euro 2024 maybe
Like · 5 months · translate
Nick Chung
tonight CPI and FOMC market profit taking...
Like · 5 months · translate
cheng
No impact to Malaysia ba. Emerging markets will still be attractive for foreign funds/insti compared to US market at the moment; unless the US market adjust accordingly. Russell index, Nasdaq, DJIA and S&P500 PE's are all at high side.
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Like · 5 months · translate
Nick Chung
yea, I'm more excited with genm/ genting to push klci index starting year end... so much hate atm :)
Like · 5 months · translate
cheng
There you go :) stocks that are hated will tripled tomorrow :) within the context of value investing if you will.
Like · 5 months · translate
cheng
abang and funds/insti not going to attempt breakout above 0.74? :)
Like · 5 months · translate
Nick Chung
abang : sorry not today .. . xD
Like · 5 months · translate
cheng
ok. local bankers can gogogo then :)
Like · 5 months · translate
cheng
abang and team came in after all :)
Like · 5 months · translate
Nick Chung
abang saw the message. ..
Like · 5 months · translate
cheng
abang and team have resources that we don't have. We can only defend our positions and tag along :)
Like · 5 months · translate
Nick Chung
abang reject both resistance..
Like · 5 months · translate
cheng
observing, Nick :) Its Friday after all.
Like · 5 months · translate
Nick Chung
abang sudah lari :(
Like · 5 months · translate
cheng
not yet, Nick. it has gone up by 30% and profit taking/adjustments by 10 to 15% is ok. General market is overheated to the extend price runs ahead of valuations :) Just like the DC hype :) Cnergen has to show some results in coming quarter or else, local abang will run first before foreign abang; will go below sixty when both abang starts running.
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Like · 5 months · translate
cheng
slow start in July. foreign abang became net sellers in Bursa towards the last two weeks of June; rebalancing their portfolios. Not much volatility in Cnergen for now.
1 Like · 5 months · translate
Time and Space
Price not bad , good price to start again
Like · 4 months · translate
cheng
Sep rate cut will be a booster for techs and consumer sector - lower financing and higher consumer spending. Will be nice to see some results from Cnergen in coming quarter to ride the positive external tailwinds.
Like · 4 months · translate
Time and Space
Thanks Cheng gor.
Let's see Aug qr
Like · 4 months · translate
太子
nick, apa mcm cnergen
Abang foreign sudah pergi mana ?
1 Like · 4 months · translate
Nick Chung
abang sudah lari since 0.755 .. hoho buy buy
1 Like · 4 months · translate
cheng
i'll wait for qr first or lower fifties if it is available.
1 Like · 4 months · translate
太子
cheng lower fifties coming lo
1 Like · 3 months · translate
cheng
Not there yet if you are looking to trade :)
2 Like · 3 months · translate
cheng
ok, mr. market working really hard to entice us :) Mr. Market said dont wait for month end. Come and buy now if you dare.
2 Like · 3 months · translate
Nick Chung
hua hoseh liao... can start buy back.. keke
1 Like · 3 months · translate
cheng
I agreed with you now, Nick. 10 bids jump and that's how illiquid it is :)
Like · 3 months · translate
Nick Chung
with almost 20m transacted volume within 2 weeks , looks like something is brewing ,waiting for qr to come !
Like · 3 months · translate
SIN YING FONG
好像有点动静哦…～～～
Like · 3 months · translate
cheng
yes Nick. waiting for qr. The low 14 days ago is well guarded till today :)
Like · 3 months · translate
太子
nick apa mcm QR
Like · 3 months · translate
Nick Chung
order book increase abit. with the inflation cooling it's the perfect time to import machineries... :) acquisition of subsidiary 2.8m...
Like · 3 months · translate
Nick Chung
margin profit 18% .. proven the skill sets they have
Like · 3 months · translate
cheng
waiting for abang's signal. not showing any signs yet.
Like · 2 months · translate
Nick Chung
it's okay I'm waiting below 0.4 to add another batch .. let's see if this stock will go against the tide . importing machineries , local IR, even if they get new project months later, forex wouldn't affect much ;)
Like · 2 months · translate
cheng
alright. didnt notice much impact for forex over the last two fiscal years.
Like · 2 months · translate
Nick Chung
boss buy sikit sikit. minimum wage up, automation will be hot. aimflex , cnergen
Like · 1 month · translate
cheng
Thanks, Nick. I am not convinced general/broad tech sentiment is good yet; selective counter probably yes. In fact, I think it will take another 6 months at least. Budget 2025 will probably provide some booster for high value high growth segment but may not be able to sustain it. There is only one listed chips design company - Oppstar. The potential is high if they can learn a great deal from the partnership with Samsung. It will take a few years though.
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Like · 1 month · translate
cheng
There's a few more non listed local companies in chips design. Give it a few more years and hopefully Malaysia will have our very own chips design company. Until then, continue to invest small amount and hopefully this segment will grow exponentially as ASIC chips design market is a big market for local companies to tap into.
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Like · 1 month · translate
Nick Chung
crazy how Oppstar was RM 3 when listed . hopefully it will come back in the future, continue eat chips and wait
Like · 1 month · translate
cheng
RM3 at IPO is definitely way overvalued. A decent price to wait for growth in my personal opinion is at sixties or when quarterly revenue is at 25M and above.
Like · 1 month · translate
Nick Chung
春天快来了。。。。。 :)
Like · 1 month · translate
cheng
still the same for semiconductor, Nick. No signs of broad tech sentiments. minimum wage in Feb'2025 may hit a few percentage points off the margins. For now, decent Q3 results for tech counters needed to get out from technical bear market situation. Its good to be selective until then :)
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Like · 1 month · translate
Nick Chung
automation Cheng
Like · 1 month · translate
cheng
not so soon, Nick. There's still layoffs going on in major electronics/IT companies. Started with magnificent 7 stocks and many other tech companies are doing that. Samsung is the latest one. And China, Japan, Korea typically dominated slightly more than 30% in terms of chips design. No idea what is driving the layoffs - could be driven by cost reduction. We have not seen any cost reduction initiatives in local public listed semiconductor related companies :)
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Like · 1 month · translate
Nick Chung
even the boss himself have trouble buying from open market.. xD do bonus issue la adui
Like · 1 month · translate
cheng
maybe bro is just supporting the transactions instead of aggressively buying.
Like · 1 month · translate
Nick Chung
https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E6%96%B0%E5%B7%A5%E4%B8%9A%E8%93%9D%E5%9B%BE%E6%8E%A8%E5%88%B6%E9%80%A0%E4%B8%9A%E6%95%B0%E5%AD%97%E5%8C%96-%E6%94%BE%E7%9C%BC%E6%89%93%E9%80%A03%E5%8D%83%E6%99%BA%E8%83%BD%E5%8E%82
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Like · 1 month · translate
cheng
yes, IC design :) There is one local non listed company that I think has the potential. Hopefully it will be listed in two to three years time.
Like · 1 month · translate
JKS wuhu
idol nick god
Like · 1 month · translate
cheng
cook higher for me to switch over to IC design can mah?
Like · 1 month · translate
cheng
no no no. i will only sell genting and genm if the following conditions triggered - (1) no more growth story (2) higher taxes introduced by gomen :) There is only one IC design company listed now which is Oppstar but not the best. Malaysia's IC design best bet is probably sitting on one of the non listed local company. I am hoping that company will be going for IPO within 2 to 3 years time.
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Like · 1 month · translate
cheng
same2 pattern coming - up before QR and down after QR?
Like · 3 weeks · translate