You are welcome, Alfred. Q2 report is estimated to be released a week after the listing. Q1 was a return to profit QR driven by automotive, EMS segments while HDD is flattish. It will be interesting whether Q2 will be another profitable quarter; return to black fiscal year compared to a loss fiscal year in 2023. We should be expecting volatility when Q2 results is released.

Management sounded confident in the prospect section in Q1 report, Ah Kit Paul. Q1 report was a strong report despite Q1&Q2 are volatile historically. A positive QR for Q2 will be significant judging by its historical Q2 season performance. We will know in less than 2 weeks time.

TheStar Tue, Jun 04, 2024 09:11am - 22 minutes


KUALA LUMPUR: There could be bargain-hunting on the domestic market following the previous week's correction following a return in global market sentiment.

Apex Securities Research said the end of the earnings season coupled with better-than-expected China manufacturing activity will likely support the local bourse.

"Key economic events to watch this week include the European interest rate decision and US non-farm payrolls," said the research firm in a note.

On sector outlook, it is bullish on data centre-related stocks after Google announced a RM9.4bil investment plan in Malaysia while the technology sector is likely to see buying interest following gains in US technology stocks overnight.