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Market closure tomorrow and US $, bond, gold and Stock are tumbling tonight.
Weekend wars bring bloody wash market!
Avoid n stay sideline. Cash is king.
DYODD
Weekend wars bring bloody wash market!
Avoid n stay sideline. Cash is king.
DYODD
I am waiting at $1.70 to buy back..
Opportunity cost if to hold till then.
Can use the current profits to trade another stock 1st..
Opportunity cost if to hold till then.
Can use the current profits to trade another stock 1st..
Trainner ( Date: 02-Apr-2026 08:31) Posted:
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Frencken has big upside potential.
Letting go at this price will cause big regret.
The semiconductor market is extremely strong.......
Letting go at this price will cause big regret.
The semiconductor market is extremely strong.......
sgtrader ( Date: 01-Apr-2026 16:38) Posted:
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Going back to $2.20 soon.
dyodd
dyodd
The probability to resume upside is very high on Wednesday...... Nasdaq very strong now.
Let' s see...
Let' s see...
ayy002 ( Date: 31-Mar-2026 17:00) Posted:
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back to 1.9
Semicon stocks are strong these 2 days.
melody88 ( Date: 06-Mar-2026 10:36) Posted:
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Frencken&rsquo s 2H comes in line but poised for pick-up in semiconductor-related demand
Frencken Group&rsquo s earnings for its 2HFY2025 ended Dec 31, 2025 increased by just 1.1% y-o-y, on the back of 2.9% y-o-y increase in revenue, largely in line with expectations. However, prospects of a significant recovery, led by stronger, clearer demand from its semiconductor customers, have led analysts to raise their respective target prices for Frencken.
Ling Lee Keng of DBS Group Research, who has maintained her &ldquo buy&rdquo call and raised the target price to $2.50 from $1.92, describes the manufacturing services provider as &ldquo well positioned to capitalise&rdquo on the recovery of the technology sector, supported by its sound balance sheet and diversified portfolio.
&ldquo While the semiconductor segment is on an uptrend, other segments should deliver a steady performance. With its diverse exposure to multiple market segments and sound financial position, the group is in a good position to continue riding on the recovery path ahead,&rdquo says Ling.
The company operates via two main divisions. Through its mechatronics division, which generates around 90% its total revenue, it makes parts and products for customers in the semiconductor, medical, analytical life sciences and industrial automation industries. Its other division, advanced plastics solutions, serves customers in the automotive, consumer & industrial and electronics industries.
While Frencken generates revenue from various customers across different industries, its semiconductor segment revenue attracts the most interest, accounting for half of its FY2025 revenue.
In the most recent 2HFY2025, semiconductor revenue increased by just 1.1% to $210.9 million. However, for the full year, the jump was 16.7% to $426.6 million. In FY2025, Frencken&rsquo s revenue from industrial automation customers rose by a larger 48.6% y-o-y, but at $43.1 million, it remains a much lower absolute figure than semiconductor revenue.
For the whole of FY2025, Frencken recorded earnings of $37.1 million, an increase of 5.4% over FY2024 total revenue was up 8.9% to $865.1 million, bringing the topline closer to the $1 billion milestone.
As guided by Frencken, it expects revenue for its current 1FH2Y2026 to remain &ldquo largely unchanged&rdquo relative to 1HFY2025. Yet, it expects profit to grow, driven mainly by its mechatronics operations in Asia, which would cushion against the short-term softness of the analytical life sciences and semiconductor businesses in Europe, and higher organisational costs in 1HFY2026.
Ling believes that Frencken&rsquo s outlook remains positive, with continued earnings progression expected into FY2026, driven by recovering semiconductor volumes, a richer product mix and sustained productivity gains.
Citing the management, she notes that Frencken&rsquo s order flow from a key semiconductor customer is expected to strengthen from 2HFY2026 as its inventory correction cycle concludes. Further pick up is seen in the medium term. &ldquo For newer, more advanced products, customers are currently undergoing process qualification following initial deliveries, suggesting that meaningful new orders are more likely to materialise in 2027&ndash 2028,&rdquo says Ling.
This view is shared by Jarick Seet of Maybank Securities, who sees Frencken as a key beneficiary of the semiconductor industry&rsquo s recovery. He says Frencken&rsquo s key European semiconductor customer is likely to face some weakness in 1HFY2026 due to inventory drawdowns, but the shortfall will be offset by the Asia customer ramping up.
While both these key customers are expected to ramp up together in 4QFY2026, Seet expects a clearer picture to emerge after Frencken provides its 1QFY2026 business update. For now, Seet has raised his FY2026 patmi forecast by 10.2% and FY2027 by 9.4%, respectively. In addition, Seet has applied valuation multiples of 18 times FY2026 earnings to 25 times, leading to his higher target price of $2.63, up from just $1.72 previously.
Similarly, Yik Ban Chong of PhillipCapital expects semiconductor-related orders to pick up gradually in the second half of this year. This view is premised on the 32% y-o-y increase in 2026 capex guided by Taiwan Semiconductor Manufacuting Co, a key customer of Frencken&rsquo s own key European customer, says Chong, who has raised his target price from $1.87 to $2.50, which is based on a higher valuation multiple of 24x FY2026 earnings, up from 18x previously, to be in line with the one-year forward PE fetched on average by Frencken&rsquo s peers.
On the other hand, William Tng of CGS International has raised his target price from $1.72 to $2.09. However, with Frencken&rsquo s share price already exceeding his previous target price and now closer to the revised target price range, Tng&rsquo s call for this counter is to downgrade from &ldquo add&rdquo to &ldquo hold&rdquo to reflect his view that the 2HFY2026 recovery has been priced in.
While sharing views that semiconductor demand is poised to grow, Tng warns that Frencken will likely incur one-off costs that will distort the upcoming bottom lines. For one, Frencken, which is the product of a series of mergers of different companies serving different industries operating across different markets, is now in the midst of a multi-phase plan to reorganise and integrate to build a more efficient structure to support its future growth. One key plank is to implement system upgrades company-wide. Frencken will also incur restructuring costs for its automotive business as its plants in Sungai Buloh and Johor are consolidated, adds Tng.
Frencken recovered very well this morning. Hopefully, can continue to go up in afternoon session.
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💪 💪 💪 💪 💪 💪
Trainner ( Date: 05-Mar-2026 17:24) Posted:
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cannot even break $2.20 how to have chance to move $2.50 ?? especially this period of war..
Very well suppported in price. Chance move to $2.50?
Ok, at least positive, let' s see how tomorrow.
melody88 ( Date: 05-Mar-2026 14:39) Posted:
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no strength to chiong.... still cannot break 2.1
Good rebound...... catching up with AEM???? 👍
Trainner ( Date: 05-Mar-2026 00:20) Posted:
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Frencken is affected by Nasdaq performance.
ASML is recovering now, that will set a good stage for Frencken.
ASML is recovering now, that will set a good stage for Frencken.
YewTee ( Date: 04-Mar-2026 22:13) Posted:
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hovering around 1.99, 2.00 and 2.01 this session....something....
Turn off your mobile phone and PC........😞
goldenpiggy ( Date: 04-Mar-2026 11:36) Posted:
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It' s a sea of red...
Good result yet to factor in. Govt keeps talking AI