Sunright Ltd

SGX (SGD): Sunright (S71)

Last Price

0.22

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0

Overview

Avg Volume (4 weeks)

10,173

4 Weeks Range

0.215 - 0.235

4 Weeks Price Volatility (%)

93.62%

52 Weeks Range

0.18 - 0.285

52 Weeks Price Volatility (%)

77.19%

Previous Close

0.22

Open

0.00

Bid

0.22 x 22,900

Ask

0.235 x 10,300

Day's Range

0.00 - 0.00

Trading Volume

0

Company Profile

Sector: Manufacturing

Sector: Manufacturing

Description:

Sunright Limited is a Singapore-based company, which is engaged in investment holding and provision of management services. The Company operates in two segments: Burn-in, testing and electronic manufacturing services and Others. The Burn-in, testing and electronic manufacturing services segment is engaged in the business of manufacturing burn-in/test equipment, assembly of electronic and electrical components, provision of burn-in and testing services and research and development of burn-in and test related activities. It provides a wide range of integrated circuits, which includes memories, micro-controllers and microprocessors. It also offers full turnkey services, which include wafer sort, test, burn-in, mark, scan and drop ship. Others segment includes group-level corporate services, treasury and investments functions, business of trading in and distribution of high-technology electronic products. It operates its business across Singapore, Malaysia, China, Korea and United States.

Discussions
Be the first to like this. Showing 50 of 70 comments

aiinvestor

US semiconductor stocks break out.,

PHLX Semiconductor (^SOX) is up 1,59% now.
https://finance.yahoo.com/quote/%5ESOX/components/

2018-03-10 00:18

aiinvestor

Chips are ripping higher and Dow stock Intel could see a bigger breakout
https://www.cnbc.com/2018/03/09/chips-rip-higher-and-dow-stock-intel-could-see-a-bigger-breakout.html

2018-03-10 03:09

tecpower

Stronger Semiconductor 2018 Than Previously Forecast
In a move reminiscent of the continual upward revisions to semiconductor market forecasts that characterized 2017, market watcher IC Insights has increased its forecast for semiconductor industry growth this year to 15 percent from a previous projection of 8 percent.

Wow
https://www.eetindia.co.in/news/article/18031503-stronger-semiconductor-2018-than-previously-forecast

2018-03-15 23:22

davidsmith

As per my analysis, Sunright Ltd ( S71) is an fair value stock for trading. Moreover you I can see a good opportunity of investment in this stocks. It may take good movement in near future.

2018-03-19 20:43

tecpower

Goldman Says World’s Best Bet Right Now Is Emerging Market Stocks
https://www.bloomberg.com/news/articles/2018-03-15/goldman-s-patel-says-emerging-market-stocks-are-world-s-best-bet

Buy Kesm as well.

2018-03-21 00:54

davidsmith

Sunright stocks is about to come across its over sold level, soon it may take a up movement as per the RSI indicator.

Right now it is at 35 points, may it will take deep up to 30-25 and that point it may take an up movement till its 50 points.
So be clam and wait for good opportunity.

2018-03-21 20:19

hstha

Electronics was once again the star performer, expanding 17.4 per cent last month compared to a year ago. This was attributed mainly to the booming semiconductors segment, which posted a robust growth of 26.7 per cent.
http://www.straitstimes.com/business/economy/singapore-factory-output-up-89-in-february-better-than-expected

2018-03-26 22:37

hstha

How Singapore’s wealth fund invests in technology companies | http://www.klsescreener.com/v2/news/view/358193
26/03/2018 21:29

2018-03-26 23:10

tecpower

Semiconductor stocks turned in some of the market's best performances on the day, driving the Philadelphia Semiconductor Index up by 4.24 percent.

2018-03-27 08:02

davidsmith

There is one support and one resistant as per the today's closing position of this stocks.
And indicators are showing downtrend by tomorrow morning.
May be it take dive up to 0.8400 from 0.8700. Please put tight stoploss and trade safely.

Thanks

2018-03-28 21:45

tecpower

China's response is a surprise for some people," said Julian Evans-Pritchard, senior China economist at Capital Economics, noting that neither said had yet called for enforcement of the tariffs.

"It's more of a game of brinkmanship, making it clear what the cost would be, in the hopes that both sides can come to agreement and none of these tariffs will come into force," he said.

Beijing's list of 25 percent additional tariffs on U.S. goods covers 106 items with a trade value matching the $50 billion targeted on Washington's list, China's commerce and finance ministries said. The effective date depends on when the U.S. action takes effect.

https://www.nbcnews.com/news/china/china-slaps-tariffs-50-billion-u-s-goods-trade-dispute-n862611

2018-04-04 20:31

aiinvestor

A trade war has not started yet. Today most investors misunderstood that a trade war had started.

The trick is that the US and China did not state when tariffs would be effective, so there is still possibility of discussion about trade tariffs.

2018-04-05 07:19

paperplane

Kesm price is in yo-yo. Until they willing to circulate more shares out there, this sunlight gonna yo-yo along!Good luck trading

2018-04-05 23:28

hstha

Republicans Warn Trump a Trade War Risks Party’s Chances in November
http://www.ttnews.com/articles/republicans-warn-trump-trade-war-risks-partys-chances-november

2018-04-06 00:19

aiinvestor

Trump’s trade war conveniently targets Ivanka’s fashion competitors
https://shareblue.com/trump-trade-war-ivanka/

2018-04-07 23:59

hstha

Buy KESM, a related company, as well.

2018-04-09 21:33

hstha

Chinese President Xi Jinping pledged on Tuesday (Apr 10) to lower car tariffs this year and take other steps to further open the world's number two economy, indirectly addressing major complaints by the United States in a simmering trade row. -------->

Buy automotive semiconductor stocks like KESm ans Sunright.

2018-04-10 21:02

hstha

Kesm and Sunright are in a very good position.

1. China cuts tax rates for chipmakers amid trade tensions
https://www.reuters.com/article/us-china-semiconductors-taxbreaks/chin...

KESM has a subsidiary in China. Kesm is likely to benefit from that.

2. The US has already reduced the corporate tax rate. ->
Kesm has business dealings with virtually all the American semiconductor manufacturers. Kesm is likely to benefit from that.

3. China's Xi Jinping says tariffs on car imports will be cut this year. -> Kesm has business dealings with virtually all the American semiconductor manufacturers. Kesm is likely to benefit from that.

At first most people thought the US and China would end up with a lose-lose situation. But for Kesm things have already turned out to be a win-win situation.

2018-04-10 21:59

tecpower

Sasse says Trump has directed Lighthizer, Kudlow to look into joining TPP
https://www.marketwatch.com/story/sasse-says-trump-has-directed-lightizer-kudlow-to-look-into-joining-tpp-2018-04-12?mod=bnbh

2018-04-13 01:07

aiinvestor

Two large Chinese ingot and wafer makers have announced bold plans to expand their capacities beyond anything seen to date.

At the end of February, Zhonghuan Semiconductor Chairman and General Manager Shen Haoping braved the bitter cold to personally inspect the installation of new monocrystalline ingot furnaces at the company’s factory in Inner Mongolia, nestled between the Blue Mountains and the Hetao Plateau.

https://www.pv-magazine.com/2018/04/14/the-weekend-read-chinas-monocrystalline-boom/

2018-04-19 09:26

hstha

Singapore factory output up 5.9% in March amid strong semiconductor growth

2018-04-27 08:46

hstha

You should know that wafer acts like buffer.


When semiconductor demand increases, wafer shortage may prevent Kesm's net profit from increasing rapidly.

When semiconductor demand decreases, wafer utilisation rate will increase, so it may prevent Kesm's profit from decreasing rapidly.

That's why it is unlikely that Kesm's net profit will decrease rapidly.

2018-04-27 08:47

hstha

Part of the reason why wafer shortage still continues is because wafer demand has been increassing rapidly, so it is not necessarily a bad thing.

2018-04-27 08:49

aiinvestor

First Quarter 2018 Silicon Wafer Shipments Increase Quarter-Over-Quarter to Record Level
Milpitas, Calif. — May 14, 2018 — Reaching their highest recorded quarterly level ever, worldwide silicon wafer area shipments jumped to 3,084 million square inches during the first quarter 2018, a 3.6 percent increase over fourth quarter 2017 area shipments of 2,977 million square inches and a 7.9 percent rise over first quarter 2017 shipments, according to the SEMI Silicon Manufacturers Group (SMG) in its quarterly analysis of the silicon wafer industry.

"Global silicon wafer shipment volumes started the year at historic levels,” said Neil Weaver, chairman SEMI SMG and Director, Product Development and Applications Engineering of Shin-Etsu Handotai America. “As a result, silicon shipments, like device shipments, are positioned to be strong this year.”

Silicon wafers are the fundamental building material for semiconductors, which, in turn, are vital components of virtually all electronics goods, including computers, telecommunications products, and consumer electronics. The highly engineered thin round disks are produced in various diameters (from one inch to 12 inches) and serve as the substrate material on which most semiconductor devices or "chips" are fabricated.

All data cited in this release includes polished silicon wafers, including virgin test wafers and epitaxial silicon wafers, as well as non-polished silicon wafers shipped by the wafer manufacturers to end users.

The Silicon Manufacturers Group acts as an independent special interest group within the SEMI structure and is open to SEMI members involved in manufacturing polycrystalline silicon, monocrystalline silicon or silicon wafers (e.g., as cut, polished, epi, etc.). The purpose of the group is to facilitate collective efforts on issues related to the silicon industry including the development of market information and statistics about the silicon industry and the semiconductor market.
http://www.semi.org/en/first-quarter-2018-silicon-wafer-shipments-increase-quarter-over-quarter-record-level

2018-05-15 22:14

tecpower

Would Warren Buffett Be Interested in Sunright Limited, One of the 30 Best Stocks in Singapore for 2018?
https://www.fool.sg/2018/04/17/would-warren-buffett-be-interested-in-sunright-limited-one-of-the-30-best-stocks-in-singapore-for-2018/

2018-08-25 10:30

tecpower

https://www.forbes.com/sites/mikescott/2018/05/28/electric-car-sales-set-to-accelerate-as-costs-fall-and-production-scales-up/#2b10bde14049
Electric Car Sales Set To AcceleElectric Car Sales Set To Accelerate As Costs Fall And Production Scales Uprate As Costs Fall And Production Scales Up

2018-09-02 00:55

gooman

Toyota logs record 1st-half net profit, sales on robust demand
https://mainichi.jp/english/articles/20191107/p2g/00m/0bu/057000c

2019-11-08 09:13

gooman

Electric vehicle sales surge in Europe by 50 per cent
https://thedriven.io/2019/11/08/electric-vehicle-sales-surge-in-europe-by-50-per-cent/

2019-11-08 09:45

gooman

Semiconductor stocks surge on hopes for sales rebound
http://www.koreatimes.co.kr/www/biz/2019/11/175_278983.html

2019-11-20 09:49

gooman

http://www.koreatimes.co.kr/www/biz/2019/11/175_278983.html
Semiconductor stocks surge on hopes for sales rebound

2019-11-20 09:50

gooman

Sunright
Price to Book Ratio 0.5802
https://www.bloomberg.com/quote/SUNR:SP

2019-11-20 10:49

gooman

Global Semiconductor Sales Increase 2.9 Percent Month-to-Month in October

2019-12-06 17:16

gooman

Trump approves US-China trade deal to halt December 15 tariffs

2019-12-13 11:03

gooman

BEIJING (Reuters) - China will offer extra financial support to manufacturers next year, the banking and insurance regulator said on Friday, after a run of bond defaults by private firms in the sector.
https://uk.reuters.com/article/us-china-economy-banks/china-to-boost-loan-support-to-manufacturers-small-bank-reforms-regulator-idUKKBN1YO0WL

2019-12-21 11:40

gooman

Cheap loans underpin China’s semiconductor sector: OECD
https://technode.com/2019/12/19/cheap-loans-underpin-chinas-semiconductor-sector-oecd/

2019-12-21 11:41

gooman

Dec. 23, 2019, 2:33 a.m. ET
BEIJING — China said on Monday that it would lower tariffs on a range of goods imported from around the world starting on Jan. 1, moving to support domestic consumers even as a trade truce with the United States has relieved some of the pressure on the Chinese economy.

2019-12-23 16:04

gooman

Why bigger electric car discounts are likely in 2020
https://www.whatcar.com/news/why-bigger-electric-car-discounts-are-likely-in-2020/n20699

2020-01-04 18:08

gooman

The next wave of electric vehicles will appear in 2020
https://www.engadget.com/2019/12/29/ev-roundup-2019/

2020-01-04 18:11

gooman

Tesla's car shipments grew by 50 percent last year
That’s more cars than it delivered in the past two years combined.
https://www.engadget.com/2020/01/03/tesla-2019-delivered-model-3/

2020-01-04 19:49

gooman

China draft raising 2025 electrified-car sales target to about 25%, Fiat Chrysler-Peugeot $50 billion merger, and Tesla beginning Model 3 deliveries in Shanghai. The other major theme was automakers getting ready for the new lower emissions targets in Europe that begin on January 1, 2020.

2020-01-05 07:03

gooman

China to raise U.S. car, aircraft, energy purchases in trade deal--source
http://www.asahi.com/sp/ajw/articles/AJ202001140050.html

2020-01-14 23:16

gooman

Economist: Electric vehicles likely to be as cheap as conventional cars by 2025

https://www.yaleclimateconnections.org/2020/01/economist-electric-vehicles-likely-to-be-as-cheap-as-conventional-cars-by-2025/

2020-01-18 08:10

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