Highlights
SGX: Sunright (S71)       SUNRIGHT LTD
Last Price Today's Change   Day's Range   Trading Volume
0.695   0.00 (0.00%)  0.00 - 0.00  0

Overview

Avg Volume (4 weeks):40,200
4 Weeks Range:0.695 - 0.775
4 Weeks Price Volatility (%):
89.68%
52 Weeks Range:0.375 - 1.13
52 Weeks Price Volatility (%):
61.50%
Average Price Target: 0.48
Price Target Upside/Downside: -0.215

Headlines



No recent Headlines for this stock.


Business Background

Sunright Limited, an investment holding company, provides burn-in, testing, and electronic manufacturing services to semiconductor and electronics manufacturers in Singapore, Malaysia, China, Taiwan, Hong Kong, the Philippines, Thailand, Vietnam, the United States, and internationally. The company offers burn-in services for a range of integrated circuits, such as memories, micro-controllers, microprocessors, digital signal processors, etc., as well as turnkey services, including wafer sort, test, burn-in, mark, scan, and drop ship. It also provides testing services; manufactures parallel test/burn-in boards, test interface board assemblies, and probe cards; and designs, develops, and delivers hardware and software products for burn-in parallel tests comprising parallel test burn-in systems, and handling and storage products. In addition, the company offers design, engineering, and manufacturing services for electronic products to aerospace, automotive, computing, consumers’ electronics, industrial, medical, and mobile OEM customers. Further, it assembles electronic and electrical components; provides research and development services for burn-in and test related activities; and trades in and distributes high-technology electronic equipment and materials. Sunright Limited was founded in 1978 and is headquartered in Singapore.

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zamzam22 is this stock worth to buy? ..anyone can give suggestion pls?
18/04/2016 12:27
15/08/2016 13:56
dompeilee This thread is as dead as the stock has been for the past 3 years...a GOOD sign! :D
15/08/2016 14:02
eYuppie Write a comment..TP S$0.355, do you think is worth to buy? Make from the stock but loss on the forex.
16/08/2016 11:01
Midascapital http://klse.i3investor.com/servlets/stk/9334.jsp
16/08/2016 21:06
Ben Gan The cash it has is more than its market cap as at 31.1.2016. It is the major shareholder of KESM. It holds 48.41% of KESM. KESM's share price has been on wings lately. This is probably why Sunlight is flying as well.
17/08/2016 07:36
atas Sunright owns 48% of KESM or 20.825m shares. The value of the stake with KESM at present price of around RM$9 is around RM$180m or S$60m (Sing Dollars)

There are 122.8m shares in Sunright. So the stake in KESM alone is already worth S$0.49
14/10/2016 15:39
atas Sunright an 'interesting investment case,' says NRA Capital
http://www.theedgemarkets.com.sg/sg/article/sunright-%E2%80%98interesting-investment-case%E2%80%99-says-nra-capital
30/10/2016 19:26
dompeilee This stock's BIG move has just begun :D
10/03/2017 22:07
goldenchasis ha kena suck in
14/03/2017 00:03
dompeilee U SUCK goldenchasis! ;)
27/05/2017 09:40
aiinvestor North American semi equipment industry posts strong December billings

26 January 2018
North America-based manufacturers of semiconductor equipment posted US$2.39 billion in billings worldwide in December 2017 (three-month average basis), according to SEMI. The billings figure is 16.3% higher than the revised November 2017 level of US$2.05 billion and 27.7% above the December 2016 billings level of US$1.87 billion.
https://www.digitimes.com/news/a20180126PR200.html
27/01/2018 10:09
daffy77 Why not look at AEM its a proxy to Intel's growth. Huge run so far this year after 29 days only
29/01/2018 11:44
hstha Samsung topples Intel to become the world’s largest chipmaker. Intel is the second largest chip maker now. Recent QR announcements of both Samsung and Intel were amazing.
31/01/2018 22:10
hstha 首季iPhone X 熱銷 蘋果收入淨利創新高 | http://www.klsescreener.com/v2/news/view/338033
02/02/2018 21:09
aiinvestor Volkswagen is looking to expand its market share in the electric vehicle market by looking to Apple for design guidance.

The German car manufacturer has said it will use Apple’s products as a template for designing its new electric vehicles over the next two years. The aim is to adopt a simple design and to turn around VW’s profits in the new expanding market, when the vehicles are launched in 2020, with the most simplicity possible.
https://www.cbronline.com/news/vw-apple-vehicle
18/02/2018 00:29
aiinvestor Chip stocks are ripping higher, and one market watcher says the semiconductor space could be in for an even bigger rally.
https://www.cnbc.com/2018/02/20/chips-rip-higher-and-market-watchers-eye-intel-as-the-semi-to-own.html

Semiconductor rally is coming.
21/02/2018 01:00
tecpower KESM Industries

The world’s largest independent burn-in and test service company KESM does not make chips but has shipped about a billion burn-in and test devices to its customers — semiconductor companies. Although it does not directly export products, KESM is a company to watch as it supports and sells to exporters and works closely with top semiconductor firms. Its aggressive capital expenditure into the automotive burn-in and test business could rake in returns from the growth of autonomous and smarter vehicles.
24/02/2018 17:01
tecpower In Malaysia, Sunright’s semiconductor burn-in, testing and electronic manufacturing (BIT&EM) services are provided through its 48%-owned subsidiary, KESM Industries, which is listed on Bursa.
https://www.theedgesingapore.com/article/sunright-%E2%80%98interesting-investment-case%E2%80%99-says-nra-capital
24/02/2018 17:06
tecpower A Deep Dive into Sunright Limited, One of the 30 Best Stocks in Singapore for 2018
https://www.fool.sg/2018/01/31/a-deep-dive-into-sunright-limited-one-of-the-30-best-stocks-in-singapore-for-2018/
24/02/2018 17:11
aiinvestor US semiconductor stocks break out.,

PHLX Semiconductor (^SOX) is up 1,59% now.
https://finance.yahoo.com/quote/%5ESOX/components/
10/03/2018 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
10/03/2018 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
15/03/2018 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.
19/03/2018 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.
21/03/2018 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.
21/03/2018 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
26/03/2018 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
26/03/2018 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.
27/03/2018 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
28/03/2018 21:45
tecpower China cuts tax rates for chipmakers amid trade tensions
https://www.reuters.com/article/us-china-semiconductors-taxbreaks/china-cuts-tax-rates-for-chipmakers-amid-trade-tensions-idUSKBN1H60JM
30/03/2018 20:51
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
04/04/2018 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.
05/04/2018 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
05/04/2018 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
06/04/2018 00:19
aiinvestor Trump’s trade war conveniently targets Ivanka’s fashion competitors
https://shareblue.com/trump-trade-war-ivanka/
07/04/2018 23:59
hstha Buy KESM, a related company, as well.
09/04/2018 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.
10/04/2018 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.
10/04/2018 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
13/04/2018 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/
19/04/2018 09:26
hstha Singapore factory output up 5.9% in March amid strong semiconductor growth
27/04/2018 08:46
hstha https://www.businesstimes.com.sg/government-economy/singapore-factory-output-up-59-in-march-amid-strong-semiconductor-growth
27/04/2018 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.
27/04/2018 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.
27/04/2018 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
15/05/2018 22:14
sgxstockstraders As per my opinion, Sunright[SUNRIGHT LTD] is one of the 30 Best Stocks in Singapore for 2018. It has several things to know about this stocks
company’s financial health, company’s cash flows, and revenue and profit.
13/06/2018 17:02


 

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