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Unisem Looks Ready to Break its 52 Week High Again

MYX:UNISEM   UNISEM (M) BHD
Semiconductor shortage has been a global issue for technology related manufacturing. It can be a catalyst for these semiconductor related stock price in Bursa Malaysia.

Malaysia playing an important role in semiconductor manufacturing chain supply globally. Outsourced Semiconductor Assembly And Test (OSAT) is one of the strong semiconductor's sub sector in Malaysian Stock Market- Bursa Malaysia.

5 stocks related to OSAT is
INARI, MPI, UNISEM, GTRONIC and KESM.
Below is the latest comparison relative performance amongst them.

I pick Unisem as a topic to make a new rally this time around by my Technical Analysis from the charts and by its catalyst from Fundamental Analysis.

From its QR performance, can be seen its latest 2 QR made a turn around from -2.8million loss in Q1 20, turn to black in Q2 and Q3 20 for each.

Q2 20 made +34 million profit, 10.9% of 310 million of revenue.
Q3 20 made +51 million profit, 14.2% of 358 million of revenue.

Expected its Q4 20 would be announced around this coming 26th feb 2021.

After new management since Sept 2018, took over by Huatian Electronics Group (HK) Ltd (HT Hong Kong) and Huatian Technology (Malaysia) Sdn Bhd (HT Malaysia), Unisem has made a incredible turn around shown by its latest 2 QR, make it one of the favorite stock in OSAT semiconductor sector in Bursa Malaysia.

Khairul Hafiz


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