Sunright

[DCF]

Sunright ($0.775) - This world largest independent provider of burn-in and test service for semi-conductors and electronic components in automotive market, the same industry with Avi-tech. With its listed Malysian subsidaiary KESM hovering around $16.80 per share, valuation of this tech company seems to be extremely undervalued. Could be a hidden-gem yet to be discovered as most of the people may not familiar with its business. Potentially, its revenue could grow with driverless car and electronic vehicles.

@crabcrab : lol a little late to the party, this so called "gem" has already been discovered, share price used to be 30c. Almost up 3 times now.

KESM used to be RM$2+ now RM$18+ so would probably have been a better buy...

Dram prices seem to have peaked though and on a slight downtrend now, possible for a sharp downturn next year due to oversupply coming from China region. AFAIK China has been aggressively ramping up their Semicon industry. Semicon industry also has boom/bust cycles, which I believe will happen again.

If our local electronics exports to China is any guide or trend (could be seasonal though) things could be turning.
http://www.straitstimes.com/business/eco...are-saying

And despite the upcoming trend of switching to EV, will this transition really happen fast enough? Remember the Hybrid cars, took quite a while before people started using them and they didnt really make it to mainstream mid/low end vehicles.. Tesla's Model 3 also seems to be having problems with production. And if lithium and other metal prices like palladium go anymore higher, will the batteries be affordable enough to produce? Will the EV movement be self limiting? For all we know, it could be another good 10 or 20 years before EV really makes it into the mainstream auto market.

Demand increase from increase use of electronics and chips in cars. This trend continue even if EV don't get adopted quickly. I think it will given all the major car brands announcing their EV plan and many countries imposing time line for such change