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sounds good but most of the tech stocks especially equipment maker seems to be overvalued right now. partly buoyed by the prospects of bonus issue. Aug export data showing equipment and transport equipment export was down by 16%. Can have a look at it from the dosm website. Will local consumption be sufficient near term is yet to be known. Will be good to exercise cost averaging to lower down average cost to ride it. Just my opinion and could be wrong.
Shun tee, there is a shift in revenue between q1 and q2 and higher # of higher priced machines delivered. In q2, Taiwan contributed approx. 72% for its total revenue and Malaysia was 2nd at 13%. Korea was top during Q1 at 30% of total revenue in q1, Taiwan at 2nd spot contributed 21% of total revenue in q1 followed by China. The funds reallocations to build eng centres at Korea, Taiwan and China is a strategic move as these were the top contributors to MI revenue by countries segment.
