MI TECHNOVATION BERHAD

KLSE (MYR): MI (5286)

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Last Price

1.71

Today's Change

+0.01 (0.59%)

Day's Change

1.68 - 1.71

Trading Volume

1,413,800


9 people like this.

6,761 comment(s). Last comment by monetary 2 days ago

pang72

49,865 posts

Posted by pang72 > 1 month ago | Report Abuse

1.06 52eks low after lose the court fight to EDELTEQ

145921_wjy

313 posts

Posted by 145921_wjy > 1 month ago | Report Abuse

it doesn't matter if the result is slightly bad, as market digest fast. they already forecast future semicond is vital product...

facinet

2 posts

Posted by facinet > 1 month ago | Report Abuse

2nd quarter result should be good

goody99

1,720 posts

Posted by goody99 > 1 month ago | Report Abuse

I doubt its share price will drop much considering its outlook is better now. Please read the analyst report above. No order is cancelled, just delayed. Their Semiconductor Material Business Unit (SMBU) recorded capacity utilization of 40%-60% in 2QFY23 for the solder ball plant in Tainan, Taiwan and is projected to hit 80% utilization in 3QFY23. I am not worried about its fundamental.

Posted by DividendGuy67 > 1 month ago | Report Abuse

Market needs to be convinced that this company will grow its EPS before its price goes back up again. All that lawsuits were distractions. This company need to focus on growing its EPS. If it can't do this when times are good, it will gain a bad reputation.

monetary

4,270 posts

Posted by monetary > 1 month ago | Report Abuse

look at aemulus result

pang72

49,865 posts

Posted by pang72 > 1 month ago | Report Abuse

Sue the ex-employee resulting nonconfident vote by investor because kecil hati

Gizaa

169 posts

Posted by Gizaa > 1 month ago | Report Abuse

buy at 1.22



































































monetary

4,270 posts

Posted by monetary > 1 month ago | Report Abuse

still no qr. must b reallllllll bad!

145921_wjy

313 posts

Posted by 145921_wjy > 1 month ago | Report Abuse

what!!! 2.0 sen per share dividend... wao

goody99

1,720 posts

Posted by goody99 > 1 month ago | Report Abuse

Its quarterly revenue only down 10.18%. I thought its net profit would be down 50% like the previous QR. I only expected dividend of 1 sen, at best.

pretty much all better than my expectation. Wonderful!

4ever5

268 posts

Posted by 4ever5 > 1 month ago | Report Abuse

I like Mi this company. But Goody99, did you really go through their QR report? there is a unrealiazed forex gain of 15m. So the actual profit is around 7million and compare to last year Q2, the net profit is really drop by 50%.

goody99

1,720 posts

Posted by goody99 > 1 month ago | Report Abuse

well, I already expected its result was not going to be that good. Every company has fixed cost to pay whether business is good or bad. Besides, we should focus on its future earnings.

According to the analyst report above. their Semiconductor Material Business Unit (SMBU) recorded capacity utilization of 40%-60% in 2QFY23 for the solder ball plant in Tainan, Taiwan and is projected to hit 80% utilization in 3QFY23. Management also mentions that the worst is over. Lots of good things mentioned in the analyst report that gives me confidence that their future earnings (next QR and beyond) is likely to improve

145921_wjy

313 posts

Posted by 145921_wjy > 1 month ago | Report Abuse

I hope this round can further wash away most of the weak holder and keep on heading to analyzed target price 2.5

Posted by NoTimeToTrade > 1 month ago | Report Abuse

Net profit 22mil came from non-operating income, means not from main business, that bad...

Gizaa

169 posts

Posted by Gizaa > 1 month ago | Report Abuse

morning ppl taking profit

pang72

49,865 posts

Posted by pang72 > 1 month ago | Report Abuse

How long it can sustain?
Let's see...

Posted by jonathanlum > 1 month ago | Report Abuse

cyeec2000, long time no hear from you....still holding?

家俊

122 posts

Posted by 家俊 > 1 month ago | Report Abuse

haha buy low sell high is much safer then keep accumulate/DCA/catching falling knife.
IDC about how much cash is the company holding etc etc. business bad =bad. easy as that
altho divident can compensate abit. but still is a suicide move.
imagine DCA from 2022 and the avg cost is still higher than current mark💀💀

been keeping bag from pass 2 week. slowly TP for next 2 month. easy risk management

stockraider

30,973 posts

Posted by stockraider > 1 month ago | Report Abuse

Min Rm 2.00 is the target loh!

goody99

1,720 posts

Posted by goody99 > 1 month ago | Report Abuse

The New Industrial Master Plan 2030 (NIMP 2030) is to be launched in August. Should be good for industrial and technology sectors

Gizaa

169 posts

Posted by Gizaa > 1 month ago | Report Abuse

sideway first

stockraider

30,973 posts

Posted by stockraider > 1 month ago | Report Abuse

Very Big tech exposure if buy loh!

goody99

1,720 posts

Posted by goody99 > 1 month ago | Report Abuse

not a lot of information about the New Industrial Master Plan 2030 (NIMP2030) yet. One of the aspects is probably technology adoption/automation.

New Industrial Master Plan 2030 to advance Malaysia’s economic complexity
https://www.thesundaily.my/business/new-industrial-master-plan-2030-to-advance-malaysia-s-economic-complexity-AJ11098484

pang72

49,865 posts

Posted by pang72 > 1 month ago | Report Abuse

Slowly drop

monetary

4,270 posts

Posted by monetary > 1 month ago | Report Abuse

Singapore 7.5% USA 1.8%. why? its products can't compete with others?

pang72

49,865 posts

Posted by pang72 > 1 month ago | Report Abuse

Go to focus 9n suing employee, where got time to do business leh

pang72

49,865 posts

Posted by pang72 > 1 month ago | Report Abuse

Obviously takut mah

pang72

49,865 posts

Posted by pang72 > 1 month ago | Report Abuse

Takut what? Customer taken over by ex-employees firm mah

cyeec2000

990 posts

Posted by cyeec2000 > 1 month ago | Report Abuse

No need to takut, customers can be given to Edelteq, just take claim, ya lum i am quietly accumulated, upcoming dividends can be used to buy more again..

Gizaa

169 posts

Posted by Gizaa > 1 month ago | Report Abuse

performance still weak, u all still can hold?

4ever5

268 posts

Posted by 4ever5 > 1 month ago | Report Abuse

i havent buy in this stock yet, hope it drop to 1.5 and i feel more comfortable buying in.

Gizaa

169 posts

Posted by Gizaa > 1 month ago | Report Abuse

insider news

newbie9893

1,429 posts

Posted by newbie9893 > 3 weeks ago | Report Abuse

broke 1.62, uptrend mode...buy

Posted by tyliang1981 > 3 weeks ago | Report Abuse

go go go. Any good news for MI recently?

Posted by DividendGuy67 > 3 weeks ago | Report Abuse

I hope it keeps going up. I went in at 1.23. Sold half at 2.04. Went back in at 1.3. The stock is just being very nice for patient traders. However, all these are just small positions, for fun.

goody99

1,720 posts

Posted by goody99 > 3 weeks ago | Report Abuse

Revenue
FY 2018 100 mil ++
FY 2019 100 mil ++
FY 2020 200 mil +
FY 2021 300 mil ++
FY 2022 300 mil ++

According to PublicInvest Research, the projected revenue of the next few years is as followed:

FY 2023 300 mil ++
FY 2024 500 mil
FY 2025 500 mil +

没成长,不要买;有成长,不要卖;成长长,长持有;成长短,短持有

goody99

1,720 posts

Posted by goody99 > 2 weeks ago | Report Abuse

CREST纳入投贸部 助建首家晶圆制造公司
https://www.enanyang.my/财经新闻/crest纳入投贸部-助建首家晶圆制造公司

goody99

1,720 posts

Posted by goody99 > 2 weeks ago | Report Abuse

马来西亚稳了!2030新工业大蓝图:二次工业化!纠正大马经济发展错误路线,跳出中等收入陷阱?【谈股论今 112】
https://www.youtube.com/watch?v=kXCEwvWx_28

Income

7,656 posts

Posted by Income > 2 weeks ago | Report Abuse

Mi Maggie satu…

Income

7,656 posts

Posted by Income > 2 weeks ago | Report Abuse

Nobody wants Maggie Mee??

家俊

122 posts

Posted by 家俊 > 1 week ago | Report Abuse

time to take partial profit

Gizaa

169 posts

Posted by Gizaa > 1 week ago | Report Abuse

wont last long, will fall back as no good thing around

Gizaa

169 posts

Posted by Gizaa > 1 week ago | Report Abuse

many people want to sell

Gizaa

169 posts

Posted by Gizaa > 1 week ago | Report Abuse

Q at 1.55



















































































































































































































































































































































































































































































































Posted by tyliang1981 > 1 week ago | Report Abuse

Company trigger Share buyback activities. No wonder price spike recently.
28/8 -250,000 share buy back 1.57-1.58
8/9 - 250,000 share buy back 1.610
13/9 - 80,000 share buy back 1.590
15/9 -170,000 share buy back 1.72
18/9 -50,000 share buy back 1.71-1.72
19/9 -50,000 share buy back 1.70

James_Bond

1,860 posts

Posted by James_Bond > 1 week ago | Report Abuse

Bought MI at 1.6+. Huat! Huat! Huat!

James_Bond

1,860 posts

Posted by James_Bond > 1 week ago | Report Abuse

Go go go MI! Haha!

Gizaa

169 posts

Posted by Gizaa > 5 days ago | Report Abuse

go go go bihun

monetary

4,270 posts

Posted by monetary > 2 days ago | Report Abuse

sbb at 1.7. Directors need 100% gain. TP 3.4

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