To The Moon

$FRENCKEN GROUP LIMITED(E28.SI)$$Aztech Gbl(8AZ.SI)$hi tiger brothers and sisters, is it time to buy the dip in semiconductor stocks? Today we'll focus on 2 highly undervalued semi-conductor stocks in SGX. 

Both the share prices are currently above its MA50, an uptrend signal. Is it time to buy more before it rallies?? 

Most of the US listed semiconductor stocks (such as TSMC, Texas Instruments, ASML etc) have reported strong growth in revenues & earnings and provided solid revenues for upcoming quarters. Similarly in SG, we saw a recent huge surge in $Aztech Gbl(8AZ.SI)$share price due to its stellar 1H results and this has helped to push up the prices of other semiconductor stocks in SGX. 

Big semiconductor players such as AMD (2 Aug), Nvidia (24 Aug) will be reporting their earnings soon!! AMD has an impressive track record and has been beating analysts' expectations over the last 4 preceding quarters! No doubt these earning results would have a significant influence on the price movement of SGX semiconductor stocks! 

Is it a right time to enter now? For me, it's a yes because I'm able to hold long-term while I wait for it to reach its fair valuation. The market is a voting machine in short-term but weighing machine in long term. The buying force is back!! Will you add this to your portfolio? I'm buying before it rallies further more, what about you? Do let me know your opinion!