Sunright Ltd

SGX (SGD): Sunright (S71)

Last Price

0.22

Today's Change

-0.01 (4.347%)

Day's Change

0.215 - 0.225

Trading Volume

28,200


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70 comment(s). Last comment by gooman 2020-01-18 08:10

Posted by zamzam22 > 2016-04-18 12:27 | Report Abuse

is this stock worth to buy? ..anyone can give suggestion pls?

Posted by paperplane2016 > 2016-08-15 13:56 | Report Abuse

wow

Posted by dompeilee > 2016-08-15 14:02 | Report Abuse

This thread is as dead as the stock has been for the past 3 years...a GOOD sign! :D

Posted by RichieNexus > 2016-08-16 11:01 | Report Abuse

Write a comment..TP S$0.355, do you think is worth to buy? Make from the stock but loss on the forex.

Ben Gan

2 posts

Posted by Ben Gan > 2016-08-17 07:36 | Report Abuse

The cash it has is more than its market cap as at 31.1.2016. It is the major shareholder of KESM. It holds 48.41% of KESM. KESM's share price has been on wings lately. This is probably why Sunlight is flying as well.

atas

2 posts

Posted by atas > 2016-10-14 15:39 | Report Abuse

Sunright owns 48% of KESM or 20.825m shares. The value of the stake with KESM at present price of around RM$9 is around RM$180m or S$60m (Sing Dollars)

There are 122.8m shares in Sunright. So the stake in KESM alone is already worth S$0.49

atas

2 posts

Posted by atas > 2016-10-30 19:26 | Report Abuse

Sunright an 'interesting investment case,' says NRA Capital
http://www.theedgemarkets.com.sg/sg/article/sunright-%E2%80%98interesting-investment-case%E2%80%99-says-nra-capital

Posted by dompeilee > 2017-03-10 22:07 | Report Abuse

This stock's BIG move has just begun :D

Posted by goldenchasis > 2017-03-14 00:03 | Report Abuse

ha kena suck in

Posted by dompeilee > 2017-05-27 09:40 | Report Abuse

U SUCK goldenchasis! ;)

Posted by aiinvestor > 2018-01-27 10:09 | Report Abuse

North American semi equipment industry posts strong December billings

26 January 2018
North America-based manufacturers of semiconductor equipment posted US$2.39 billion in billings worldwide in December 2017 (three-month average basis), according to SEMI. The billings figure is 16.3% higher than the revised November 2017 level of US$2.05 billion and 27.7% above the December 2016 billings level of US$1.87 billion.
https://www.digitimes.com/news/a20180126PR200.html

daffy77

4 posts

Posted by daffy77 > 2018-01-29 11:44 | Report Abuse

Why not look at AEM its a proxy to Intel's growth. Huge run so far this year after 29 days only

hstha

19 posts

Posted by hstha > 2018-01-31 22:10 | Report Abuse

Samsung topples Intel to become the world’s largest chipmaker. Intel is the second largest chip maker now. Recent QR announcements of both Samsung and Intel were amazing.

hstha

19 posts

Posted by hstha > 2018-02-02 21:09 | Report Abuse

首季iPhone X 熱銷 蘋果收入淨利創新高 | http://www.klsescreener.com/v2/news/view/338033

Posted by aiinvestor > 2018-02-18 00:29 | Report Abuse

Volkswagen is looking to expand its market share in the electric vehicle market by looking to Apple for design guidance.

The German car manufacturer has said it will use Apple’s products as a template for designing its new electric vehicles over the next two years. The aim is to adopt a simple design and to turn around VW’s profits in the new expanding market, when the vehicles are launched in 2020, with the most simplicity possible.
https://www.cbronline.com/news/vw-apple-vehicle

Posted by aiinvestor > 2018-02-21 01:00 | Report Abuse

Chip stocks are ripping higher, and one market watcher says the semiconductor space could be in for an even bigger rally.
https://www.cnbc.com/2018/02/20/chips-rip-higher-and-market-watchers-eye-intel-as-the-semi-to-own.html

Semiconductor rally is coming.

tecpower

26 posts

Posted by tecpower > 2018-02-24 17:01 | Report Abuse

KESM Industries

The world’s largest independent burn-in and test service company KESM does not make chips but has shipped about a billion burn-in and test devices to its customers — semiconductor companies. Although it does not directly export products, KESM is a company to watch as it supports and sells to exporters and works closely with top semiconductor firms. Its aggressive capital expenditure into the automotive burn-in and test business could rake in returns from the growth of autonomous and smarter vehicles.

tecpower

26 posts

Posted by tecpower > 2018-02-24 17:06 | Report Abuse

In Malaysia, Sunright’s semiconductor burn-in, testing and electronic manufacturing (BIT&EM) services are provided through its 48%-owned subsidiary, KESM Industries, which is listed on Bursa.
https://www.theedgesingapore.com/article/sunright-%E2%80%98interesting-investment-case%E2%80%99-says-nra-capital

tecpower

26 posts

Posted by tecpower > 2018-02-24 17:11 | Report Abuse

A Deep Dive into Sunright Limited, One of the 30 Best Stocks in Singapore for 2018
https://www.fool.sg/2018/01/31/a-deep-dive-into-sunright-limited-one-of-the-30-best-stocks-in-singapore-for-2018/

Posted by aiinvestor > 2018-03-10 00:18 | Report Abuse

US semiconductor stocks break out.,

PHLX Semiconductor (^SOX) is up 1,59% now.
https://finance.yahoo.com/quote/%5ESOX/components/

Posted by aiinvestor > 2018-03-10 03:09 | Report Abuse

Chips are ripping higher and Dow stock Intel could see a bigger breakout
https://www.cnbc.com/2018/03/09/chips-rip-higher-and-dow-stock-intel-could-see-a-bigger-breakout.html

tecpower

26 posts

Posted by tecpower > 2018-03-15 23:22 | Report Abuse

Stronger Semiconductor 2018 Than Previously Forecast
In a move reminiscent of the continual upward revisions to semiconductor market forecasts that characterized 2017, market watcher IC Insights has increased its forecast for semiconductor industry growth this year to 15 percent from a previous projection of 8 percent.

Wow
https://www.eetindia.co.in/news/article/18031503-stronger-semiconductor-2018-than-previously-forecast

Posted by davidsmith > 2018-03-19 20:43 | Report Abuse

As per my analysis, Sunright Ltd ( S71) is an fair value stock for trading. Moreover you I can see a good opportunity of investment in this stocks. It may take good movement in near future.

tecpower

26 posts

Posted by tecpower > 2018-03-21 00:54 | Report Abuse

Goldman Says World’s Best Bet Right Now Is Emerging Market Stocks
https://www.bloomberg.com/news/articles/2018-03-15/goldman-s-patel-says-emerging-market-stocks-are-world-s-best-bet

Buy Kesm as well.

Posted by davidsmith > 2018-03-21 20:19 | Report Abuse

Sunright stocks is about to come across its over sold level, soon it may take a up movement as per the RSI indicator.

Right now it is at 35 points, may it will take deep up to 30-25 and that point it may take an up movement till its 50 points.
So be clam and wait for good opportunity.

hstha

19 posts

Posted by hstha > 2018-03-26 22:37 | Report Abuse

Electronics was once again the star performer, expanding 17.4 per cent last month compared to a year ago. This was attributed mainly to the booming semiconductors segment, which posted a robust growth of 26.7 per cent.
http://www.straitstimes.com/business/economy/singapore-factory-output-up-89-in-february-better-than-expected

hstha

19 posts

Posted by hstha > 2018-03-26 23:10 | Report Abuse

How Singapore’s wealth fund invests in technology companies | http://www.klsescreener.com/v2/news/view/358193
26/03/2018 21:29

tecpower

26 posts

Posted by tecpower > 2018-03-27 08:02 | Report Abuse

Semiconductor stocks turned in some of the market's best performances on the day, driving the Philadelphia Semiconductor Index up by 4.24 percent.

Posted by davidsmith > 2018-03-28 21:45 | Report Abuse

There is one support and one resistant as per the today's closing position of this stocks.
And indicators are showing downtrend by tomorrow morning.
May be it take dive up to 0.8400 from 0.8700. Please put tight stoploss and trade safely.

Thanks

tecpower

26 posts

Posted by tecpower > 2018-04-04 20:31 | Report Abuse

China's response is a surprise for some people," said Julian Evans-Pritchard, senior China economist at Capital Economics, noting that neither said had yet called for enforcement of the tariffs.

"It's more of a game of brinkmanship, making it clear what the cost would be, in the hopes that both sides can come to agreement and none of these tariffs will come into force," he said.

Beijing's list of 25 percent additional tariffs on U.S. goods covers 106 items with a trade value matching the $50 billion targeted on Washington's list, China's commerce and finance ministries said. The effective date depends on when the U.S. action takes effect.

https://www.nbcnews.com/news/china/china-slaps-tariffs-50-billion-u-s-goods-trade-dispute-n862611

Posted by aiinvestor > 2018-04-05 07:19 | Report Abuse

A trade war has not started yet. Today most investors misunderstood that a trade war had started.

The trick is that the US and China did not state when tariffs would be effective, so there is still possibility of discussion about trade tariffs.

Posted by paperplane > 2018-04-05 23:28 | Report Abuse

Kesm price is in yo-yo. Until they willing to circulate more shares out there, this sunlight gonna yo-yo along!Good luck trading

hstha

19 posts

Posted by hstha > 2018-04-06 00:19 | Report Abuse

Republicans Warn Trump a Trade War Risks Party’s Chances in November
http://www.ttnews.com/articles/republicans-warn-trump-trade-war-risks-partys-chances-november

Posted by aiinvestor > 2018-04-07 23:59 | Report Abuse

Trump’s trade war conveniently targets Ivanka’s fashion competitors
https://shareblue.com/trump-trade-war-ivanka/

hstha

19 posts

Posted by hstha > 2018-04-09 21:33 | Report Abuse

Buy KESM, a related company, as well.

hstha

19 posts

Posted by hstha > 2018-04-10 21:02 | Report Abuse

Chinese President Xi Jinping pledged on Tuesday (Apr 10) to lower car tariffs this year and take other steps to further open the world's number two economy, indirectly addressing major complaints by the United States in a simmering trade row. -------->

Buy automotive semiconductor stocks like KESm ans Sunright.

hstha

19 posts

Posted by hstha > 2018-04-10 21:59 | Report Abuse

Kesm and Sunright are in a very good position.

1. China cuts tax rates for chipmakers amid trade tensions
https://www.reuters.com/article/us-china-semiconductors-taxbreaks/chin...

KESM has a subsidiary in China. Kesm is likely to benefit from that.

2. The US has already reduced the corporate tax rate. ->
Kesm has business dealings with virtually all the American semiconductor manufacturers. Kesm is likely to benefit from that.

3. China's Xi Jinping says tariffs on car imports will be cut this year. -> Kesm has business dealings with virtually all the American semiconductor manufacturers. Kesm is likely to benefit from that.

At first most people thought the US and China would end up with a lose-lose situation. But for Kesm things have already turned out to be a win-win situation.

tecpower

26 posts

Posted by tecpower > 2018-04-13 01:07 | Report Abuse

Sasse says Trump has directed Lighthizer, Kudlow to look into joining TPP
https://www.marketwatch.com/story/sasse-says-trump-has-directed-lightizer-kudlow-to-look-into-joining-tpp-2018-04-12?mod=bnbh

Posted by aiinvestor > 2018-04-19 09:26 | Report Abuse

Two large Chinese ingot and wafer makers have announced bold plans to expand their capacities beyond anything seen to date.

At the end of February, Zhonghuan Semiconductor Chairman and General Manager Shen Haoping braved the bitter cold to personally inspect the installation of new monocrystalline ingot furnaces at the company’s factory in Inner Mongolia, nestled between the Blue Mountains and the Hetao Plateau.

https://www.pv-magazine.com/2018/04/14/the-weekend-read-chinas-monocrystalline-boom/

hstha

19 posts

Posted by hstha > 2018-04-27 08:46 | Report Abuse

Singapore factory output up 5.9% in March amid strong semiconductor growth

hstha

19 posts

Posted by hstha > 2018-04-27 08:47 | Report Abuse

You should know that wafer acts like buffer.


When semiconductor demand increases, wafer shortage may prevent Kesm's net profit from increasing rapidly.

When semiconductor demand decreases, wafer utilisation rate will increase, so it may prevent Kesm's profit from decreasing rapidly.

That's why it is unlikely that Kesm's net profit will decrease rapidly.

hstha

19 posts

Posted by hstha > 2018-04-27 08:49 | Report Abuse

Part of the reason why wafer shortage still continues is because wafer demand has been increassing rapidly, so it is not necessarily a bad thing.

Posted by aiinvestor > 2018-05-15 22:14 | Report Abuse

First Quarter 2018 Silicon Wafer Shipments Increase Quarter-Over-Quarter to Record Level
Milpitas, Calif. — May 14, 2018 — Reaching their highest recorded quarterly level ever, worldwide silicon wafer area shipments jumped to 3,084 million square inches during the first quarter 2018, a 3.6 percent increase over fourth quarter 2017 area shipments of 2,977 million square inches and a 7.9 percent rise over first quarter 2017 shipments, according to the SEMI Silicon Manufacturers Group (SMG) in its quarterly analysis of the silicon wafer industry.

"Global silicon wafer shipment volumes started the year at historic levels,” said Neil Weaver, chairman SEMI SMG and Director, Product Development and Applications Engineering of Shin-Etsu Handotai America. “As a result, silicon shipments, like device shipments, are positioned to be strong this year.”

Silicon wafers are the fundamental building material for semiconductors, which, in turn, are vital components of virtually all electronics goods, including computers, telecommunications products, and consumer electronics. The highly engineered thin round disks are produced in various diameters (from one inch to 12 inches) and serve as the substrate material on which most semiconductor devices or "chips" are fabricated.

All data cited in this release includes polished silicon wafers, including virgin test wafers and epitaxial silicon wafers, as well as non-polished silicon wafers shipped by the wafer manufacturers to end users.

The Silicon Manufacturers Group acts as an independent special interest group within the SEMI structure and is open to SEMI members involved in manufacturing polycrystalline silicon, monocrystalline silicon or silicon wafers (e.g., as cut, polished, epi, etc.). The purpose of the group is to facilitate collective efforts on issues related to the silicon industry including the development of market information and statistics about the silicon industry and the semiconductor market.
http://www.semi.org/en/first-quarter-2018-silicon-wafer-shipments-increase-quarter-over-quarter-record-level

tecpower

26 posts

Posted by tecpower > 2018-08-25 10:30 | Report Abuse

Would Warren Buffett Be Interested in Sunright Limited, One of the 30 Best Stocks in Singapore for 2018?
https://www.fool.sg/2018/04/17/would-warren-buffett-be-interested-in-sunright-limited-one-of-the-30-best-stocks-in-singapore-for-2018/

tecpower

26 posts

Posted by tecpower > 2018-09-02 00:19 | Report Abuse

Electric Vehicles’ Day Will Come, and It Might Come Suddenly
https://www.bloomberg.com/view/articles/2018-08-31/electric-vehicles-in-california-their-day-will-come-suddenly

tecpower

26 posts

Posted by tecpower > 2018-09-02 00:55 | Report Abuse

https://www.forbes.com/sites/mikescott/2018/05/28/electric-car-sales-set-to-accelerate-as-costs-fall-and-production-scales-up/#2b10bde14049
Electric Car Sales Set To AcceleElectric Car Sales Set To Accelerate As Costs Fall And Production Scales Uprate As Costs Fall And Production Scales Up

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