Latest Forum Topics /
Frencken
Last:2.92
-0.08
|
 Post Reply
|
|
New phases new horizons, aim $3 by 2022
|
|||||
|
investlin78
Senior |
26-Jun-2021 14:26
|
||||
|
x 0
x 0 Alert Admin |
With all the positive analysts? reports, looks like $2 isn?t far away. DYODD. | ||||
| Useful To Me Not Useful To Me | |||||
|
PhillipTan
Supreme |
25-Jun-2021 16:44
|
||||
|
x 0
x 0 Alert Admin |
DBS positive on Asean tech stocks on new demand driversASEAN semiconductor companies will likely see strong recovery in the longer term, propelled by various new demand drivers, DBS said. In a research note on Friday, the bank said it is positive on Asean tech stocks due to growing demand in areas including 5G wireless networks, electric vehicles (EVs) and autonomous vehicles, Internet of Things (IoT) and cloud computing. 5G mobile subscriptions, which will likely surge tenfold in 2025 from 2020, will likely drive smartphone and semiconductor sales, DBS said. It should also boost IoT adoption by providing faster and more stable network connections, which in turn, drive demand for smart homes and smart cities. Furthermore, governments have started pushing for vehicles with cleaner emissions, such as EVs, amid global environmental concerns. DBS noted that EV sales are gaining traction globally and expects demand to continue growing as EV manufacturing gains economies of scale and lowers cost. Additionally, autonomous vehicles can become one of the key demand drivers for semiconductor chips since the vehicles have much more semiconductor content than regular cars or EVs. Flexible work arrangements, which will likely become the new norm post-pandemic, should also drive demand for data chip centres and server processors, DBS added, noting that chip makers have already been ramping up production and increasing their capacity to meet the rising demand. The technology sector had underperformed the market for most of 2021 when investors shifted away from growth stocks to more cyclical ones, DBS said. But it noted that tech stocks regained traction after a recent spike in Covid-19 cases in Singapore dampened speculations of a faster-than-expected reopening of global economies. DBS expects the stocks will continue to grow as economic recovery is still in its early stages, adding that technology stocks typically outperform in the early stages of the bull market. It also noted that the semiconductor industry was also able to rebound swiftly after major financial crises including the asian financial crisis and the US-China trade war, and expects Inflation and interest rates will remain manageable. DBS said Singapore' s tech stocks are the cheapest compared to peers in the region including Malaysia and Thailand, although earnings growths of tech stocks in Singapore are still lower than those in the other two countries. The bank' s top picks in the sector were AEM, UMS, Frencken and Inari Amertron as it expects the stocks will ride on the secular uptrend for the semiconductor industry. It is also positive on Nanofilm Technologies and KCE Electronics for their strong earnings potential, and Hana Microelectronics for its robust demand. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
nathanielg04
Member |
23-Jun-2021 17:12
|
||||
|
x 0
x 0 Alert Admin |
Frencken had a strong day today with a large volume. If we can see the price action maintain above $1.80, $1.80 can be established as good support. Another support will be @ $1.70 should there be a small pullback! | ||||
| Useful To Me Not Useful To Me | |||||
|
wehuattogether88
Supreme |
23-Jun-2021 16:28
|
||||
|
x 0
x 0 Alert Admin |
use realtime momentum of stock on current day, charts are not always accurate
|
||||
| Useful To Me Not Useful To Me | |||||
|
AttasBoss
Elite |
23-Jun-2021 16:12
|
||||
|
x 0
x 0 Alert Admin |
oops not repeat by itself..miss it..hahha but ok i hold Grand Venture, excelpoint and multi-chem
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
tcshares
Senior |
23-Jun-2021 14:30
|
||||
|
x 0
x 0 Alert Admin |
new highs | ||||
| Useful To Me Not Useful To Me | |||||
|
wehuattogether88
Supreme |
22-Jun-2021 20:20
|
||||
|
x 0
x 0 Alert Admin |
Extract From The Edge (for reference only):
Buy semiconductor plays AEM, UMS, Frencken, ASM Pacific and Inari amid chip shortage: DBS |
||||
| Useful To Me Not Useful To Me | |||||
|
wehuattogether88
Supreme |
22-Jun-2021 14:30
|
||||
|
x 0
x 0 Alert Admin |
STI turns green, lets see the realtime momentum for Frencken | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
AttasBoss
Elite |
22-Jun-2021 11:08
|
||||
|
x 0
x 0 Alert Admin |
to be precise, around 1.6. from the chart, it will retrace at least 20c from peak
|
||||
| Useful To Me Not Useful To Me | |||||
|
wehuattogether88
Supreme |
22-Jun-2021 11:03
|
||||
|
x 0
x 0 Alert Admin |
Probably you should have scoop yesterday. If later the Ang Moh fund and institutions also start to re rate Frencken TP upward, then Frencken will chiong.
|
||||
| Useful To Me Not Useful To Me | |||||
|
wehuattogether88
Supreme |
22-Jun-2021 10:54
|
||||
|
x 0
x 0 Alert Admin |
But The TP re-rating upward very drastic from $1.72 to $2.13
|
||||
| Useful To Me Not Useful To Me | |||||
|
AttasBoss
Elite |
22-Jun-2021 10:51
|
||||
|
x 0
x 0 Alert Admin |
waiting $1.6x to scoop before head up again | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
wehuattogether88
Supreme |
22-Jun-2021 10:45
|
||||
|
x 0
x 0 Alert Admin |
Looks like the re-rating upward like no impact. This one for reference only lah.
|
||||
| Useful To Me Not Useful To Me | |||||
|
wehuattogether88
Supreme |
22-Jun-2021 09:17
|
||||
|
x 0
x 0 Alert Admin |
UOB Raised TP of frencken, but must translate into actions.
|
||||
| Useful To Me Not Useful To Me | |||||
|
SAINTE
Member |
22-Jun-2021 08:45
|
||||
|
x 0
x 0 Alert Admin |
UOB rerated TP to 2.13. chiong today! | ||||
| Useful To Me Not Useful To Me | |||||
|
Investor12
Member |
22-Jun-2021 07:43
|
||||
|
x 0
x 0 Alert Admin |
MTN = market* (typo)
|
||||
| Useful To Me Not Useful To Me | |||||
|
Investor12
Member |
22-Jun-2021 07:42
|
||||
|
x 0
x 0 Alert Admin |
Agree... lack of catalyst to drive this stock (and also the MTN)
|
||||
| Useful To Me Not Useful To Me | |||||
|
crouchingtiger
Member |
21-Jun-2021 15:42
|
||||
|
x 0
x 0 Alert Admin |
Once 1H21 earnings report comes in, this stock will fly. | ||||
| Useful To Me Not Useful To Me | |||||
|
wehuattogether88
Supreme |
21-Jun-2021 14:35
|
||||
|
x 0
x 0 Alert Admin |
pretty quiet for Frencken, maybe tech stocks not in play | ||||
| Useful To Me Not Useful To Me | |||||
|
Investor12
Member |
19-Jun-2021 12:23
|
||||
|
x 0
x 0 Alert Admin |
Wait for the traction - slow and steady then will suddenly fly! | ||||
| Useful To Me Not Useful To Me | |||||