Dear Value Investor, let me answer you why the share price spiked so much.

Btw why this QOQ is dropped? Please dont read it by surface, let us look into it.

Management mentioned:
The decrease in Group revenue of RM73.6 million was due to the decrease in revenue from the Aerospace
and Equipment segments of RM2.7 million and RM70.9 million respectively. The lower revenue from the
Aerospace segment was due to decrease in sales of casing products. After fulfilling a batch of orders for
the Equipment segment in the last quarter, new orders will only be delivered in the ensuing quarters. This
has led to a lower revenue from the Equipment segment.

The growth momentum in Cloud Computing, 5G Telecommunications, Artificial intelligence (AI) and
Digitization continues to fuel strong demand for semiconductor chips and storage devices. According to
SEMI, some 29 Fabs will be constructed in 2021 and 2022, triggering strong demand for semiconductor
equipment. Global shortages of semiconductor chips which is expected to last until end of 2023 should
drive the demand for semiconductor equipment. We are investing in new machines and space to meet
increasing demand for our products. This also includes an expansion of our manufacturing operations in
Thailand by securing the factory which is scheduled to start mass production by December 2021. In
addition, we continue to explore projects with our existing and new customers.

Conclusion: Next QR WILL BE GREAT, AND AFTER NEXT WILL HAVE EXPANSION FOR EQUIPMENT FACTORY, WITH RECOVERY OF AEROSPACE I FORESEE THE PAT FOR NEXT QR AND AFTER NEXT QR WILL BE SURPRISINGLY GOOD.

NO BUY AND SELL CALL. DISCLAIMER