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Uchi's vaccine storage play


has a PE of just 19 times.
The company, which designs and develops electronic control systems, has seen its share price rising by nearly 77% from the lows of 2020. However, the current share price of RM3 remains slightly lower than the levels seen in 2017-2018.
Based on its website, Uchi says it serves a wide base of multinational companies, located primarily in Europe. The region contributes over 90% of Uchi’s annual turnover.
Uchi workers at the Uchi factory.
However, unknown to many, Uchi (pic above) has been supplying components to one of the world’s leading ultra-low temperature (ULT) freezer makers, the Germany-based Eppendorf AG. ....

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Tech stocks to continue earnings uptrend


Among catalysts that will drive the sector for this year include 5G network deployment with the high adoption rates and stronger demand and supply for 5G devices, as well as growing sub-sectors such as automotive/electric vehicles, Internet of Things, artificial intelligence, medical/life science and the Industrial Revolution 4.0.
PETALING JAYA: The technology sector is expected to see a strong earnings growth for the next two years that will support its lofty valuation, according to Maybank IB Research.
In a report yesterday, the research house pointed out that the ‘rich valuations’ of the sector are backed by merits.
The Bursa Malaysia Technology Index has risen almost 27% in less than two months, outperforming the benchmark index FBM KLCI, which had declined 2%. ....

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Money being shovelled into tech stocks


KUALA LUMPUR (Feb 16): While the glove stocks are trying hard to regain lost ground after falling off the peaks, the technology stocks on Bursa Malaysia, which are primarily involved in semiconductor-related business, however, continue their hike to record fresh highs.
Reaching fresh peaks has become a daily affair among some tech stocks in recent months amid news that the semiconductor industry is facing a happy problem supply growth could not keep pace with the strong surge in demand. The auto industry is one of them currently suffering from severe semiconductor chip shortage.
Tech stocks that have gained less than 30% year to date would have been considered laggards among their peers. The best performers which have chalked up at least 40% gain since the start of the year are UWC Bhd, Malaysian Pacific Industries Bhd (MPI), Unisem (M) Bhd, and Greatech Technology Bhd. ....

Kuala Lumpur , Danny Wong , Vincent Lau , Unisemm Bhd , Bursa Malaysia Technology , Greatech Technology Bhd , Malaysian Pacific Industries Bhd , Bursa Malaysia , Greatech Technology , Areca Capital , குவாலா லம்பூர் , டேனி வோங் , வின்சென்ட் லாவ் , மலேசியன் பெஸிஃபிக் தொழில்கள் ப்ட் , அரச மூலதனம் ,

Trading ideas: Boustead, Bursa Malaysia, Bintai Kinden, TCS, Willowglen


are among the stocks to watch on Wednesday, according to JF Apex Research.
Lembaga Tabung Angkatan Tentera (LTAT) has decided not to pursue the privatisation of Boustead Holdings at this juncture, after taking into consideration the current challenging economic environment arising from the Covid-19 pandemic and the reimplementation of Movement Control Order.
Bursa Malaysia’s net profit in its 4QFY20 stood at RM104.85mil, up 130% from RM45.56mil a year earlier, while revenue went up 78% to RM230.7mil from RM129.33mil, as trading revenue grew significantly for the securities and derivatives markets segment.
Greatech Technology via its unit Greatech Integration (USA) Inc has teamed up with US-based company Atlis Motor Vehicles (ATLIS) to assist ATLIS develop an electric vehicle battery pack assembly production line at its headquarters located in Arizona. ....

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