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.
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.
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%.
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
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
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