Stock Track | KB LAMINATES Soars 5.09% Intraday on Strong Southbound Inflows and Multiple Price Hikes

Stock Track
Jun 30

KB LAMINATES (01888) experienced a significant intraday surge of 5.09% on Tuesday, reflecting strong investor confidence in the company's prospects.

The rally was supported by persistent southbound capital inflows, with funds net purchasing the stock for 15 consecutive trading days. Additionally, the company has implemented five rounds of price hikes year-to-date, with the latest increase of 15% for FR-4 and prepreg prices taking effect recently.

Fundamental factors driving the optimism include Citi raising its target price for the stock and projecting a 273% year-over-year surge in first-half net profit. Industry dynamics, such as tight electronic glass fabric supply, robust AI-related demand, and anticipated advance stocking ahead of Nvidia Rubin's full production, are expected to further tighten upstream supply chain conditions.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10