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Frontkn not only Tsmc, still got oil and gas kan? Haha. Waiting for time to add, approaching good price area now. 7nm 5nm 3nm 2nm 1nm still got few years to go..TSMC leading, technology monopoly, max production capacity after CNY to gain back outflow order to Samsung..
yes, they also involve in the maintenance for oil n gas machineries, but, in my opinion, the current hot money flowing into oil n gas stocks is just because the production of oil has reduced, hence making the price up, but this doesn't mean the demand for oil has gone up, so, in short, if there's no demand for oil, then the digging&refining of oil didn't increase, and the maintenance also didn't increase, so that's why frontken also gets dragged down in these few days.(i am holding frontken fyi)
mine before 2.00,pe still moderate with upcoming min 20% growth earning qtr result , compare to other tech over p.e 100,however those big pullback look promising,Jftech
