KUALA LUMPUR: VISDYNAMICS HOLDINGS BHD [] shares advanced in early trade on Friday, April 22 after the company's chairman gave a positive view of a strong and satisfactory financial performance in 2011.
At 9.20am, VisDynamics was up 5.5 sen to 39.5 sen with 494,700 shares done.
Its chairman Datuk Azzat Kamaludin said the semiconductor equipment solution provider was poised to ride on the momentum of growth that the semiconductor industry is expected to sustain this year after recording the strongest rebound in 2010 following the worst ever year of 2009.
MIDF Research in its outlook for the sector on April 22 maintained its positive view on the sector given the various indicators pointing favourably towards a strong growth in CY11.
A key driver will be the rising popularity of smartphones and tablets as evident with Apple's recent strong performance, it said.
'Growth in the traditional PC market and cloud computing will also provide additional growth for Malaysia's semiconductor manufacturer.
'This will also provide relief for HDD manufacturer despite the challenge that it will be facing from tablets,' it said.
At 9.20am, VisDynamics was up 5.5 sen to 39.5 sen with 494,700 shares done.
Its chairman Datuk Azzat Kamaludin said the semiconductor equipment solution provider was poised to ride on the momentum of growth that the semiconductor industry is expected to sustain this year after recording the strongest rebound in 2010 following the worst ever year of 2009.
MIDF Research in its outlook for the sector on April 22 maintained its positive view on the sector given the various indicators pointing favourably towards a strong growth in CY11.
A key driver will be the rising popularity of smartphones and tablets as evident with Apple's recent strong performance, it said.
'Growth in the traditional PC market and cloud computing will also provide additional growth for Malaysia's semiconductor manufacturer.
'This will also provide relief for HDD manufacturer despite the challenge that it will be facing from tablets,' it said.
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