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Overview
Financial Highlight
HeadlinesBusiness Background Pentamaster Corp Bhd is a Malaysia-based company engaged in the investment holding and provision of management services. It works in three business segments. The Automated equipment segment is engaged in designing, development, and manufacturing of standard and non-standard automated equipment. Its Automated manufacturing solution segment is involved in the construction and installation of integrated automated manufacturing solutions. The Smart control solution system segment provides project management and smart building solutions. It operates geographically across countries like Malaysia, China, Japan, Singapore, Republic of Ireland and the United States of America.
  Michael Kwok Sell call penta 4.26 Resistance 4.35 If no break by next week then a downward trend 13/3/24 10.55pm 13/03/2024 12:02 AM  Tanleechoo This co keep so much cash n stingy on dividend..n share price not really explosive.. 22/03/2024 12:06 PM gooman China rolls out subsidy scheme to boost domestic semiconductor industry and counter US restrictions https://www.gizmochina.com/2024/04/29/china-rolls-out-subsidy-scheme-to-boost-domestic-semiconductor-industry-and-counter-us-restrictions/#:~:text=News-,China%20rolls%20out%20subsidy%20scheme%20to%20boost,industry%20and%20counter%20US%20restrictions&text=Beijing's%20local%20government%20has%20introduced,lessen%20reliance%20on%20foreign%20tech. 30/04/2024 8:21 AM kritikos penta results out "Pentamaster’s 1Q earnings fell 8.9% amid lower contributions from automated test equipment" https://theedgemalaysia.com/node/710978 revenue up but earnings still down. hmm, so is the notion that things will be better for semicon in 2nd half still true?? 09/05/2024 11:01 PM gooman TSMC’s April Sales Jump 60% on Sustained Demand for AI Chips Results signal a recovery in the consumer electronics sector TSMC’s board approved a cash dividend of NT$4 per share https://www.bloomberg.com/news/articles/2024-05-10/tsmc-keeps-sales-growth-up-in-april-as-ai-drives-60-jump?embedded-checkout=true 10/05/2024 10:25 PM Skywalker00 Look la at the PE . If you don’t believe in PE , just look at their earning trends if it’s worth the investment. Frankly I also not sure although in this industry for 35yrs. 10/05/2024 10:59 PM Tanleechoo And dividend is stingy.. last time someone did said u wan high stk price or high div when the stk price was quite high ????really not worth invest in this co now compared last time??? 11/05/2024 4:21 PM gooman China’s Exports Surge More Than Expected in Economic Boost Exports climbed 7.6% last month, beating economist forecasts Slow growth in imports points to weak domestic demand https://www.bloomberg.com/news/articles/2024-06-07/china-s-may-exports-surge-7-6-in-boost-for-economy 07/06/2024 9:30 PM AlphaInvestor Initiate coverage with BUY and a TP of MYR6.16, 25% upside with 0.4% FY24F yield. Our TP is pegged to 33x FY25F P/E (at +0.5SD from the 5-year mean) and includes a 2% premium, based on its ESG score of 3.1. We are optimistic about Pentamaster Corp's near-term earnings potential, driven by heightened demand in the factory automation solutions (FAS) segment and the recovery in the semiconductor space in the early upcycle, which should boost its automated test equipment (ATE) unit. From RHB 28/06/2024 9:03 AM gooman https://www.trendforce.com/news/2024/07/05/news-samsung-anticipates-q2-profit-to-soar-on-ai-demand-with-a-15-fold-increase/ 05/07/2024 1:46 PM gooman According to its financial guidance announced on July 5th, the semiconductor giant projects its operating profit to grow more than 15-fold YoY to 10.4 trillion won (USD 7.5 billion) in its preliminary results for the April-June quarter, outstripping market expectations. 05/07/2024 10:37 PM swissvillage Intel and LG bypass Vietnam for billion-dollar projects: Analyzing the reasons Foreign corporations such as Samsung, Intel, and LG have surveyed Vietnam for potential investment but ultimately decided to invest their billion-dollar projects in other countries. Notable cases include LG Chemical, which proposed a battery production project requesting 30% cost support from Vietnam but later moved to Indonesia. Intel proposed a $3.3 billion chip production project, asking for 15% cash support, but ultimately chose Poland. Austrian semiconductor company AT&S also surveyed Vietnam but decided on Malaysia due to unmet support requirements and a lack of available high-tech labor. https://vietnamnet.vn/en/intel-and-lg-bypass-vietnam-for-billion-dollar-projects-analyzing-the-reasons-2298787.html 06/07/2024 9:28 AM gooman Chinese, Indian Stocks Favored Over Japan in Asia’s Second Half Survey shows an investor preference for the region’s EM giants Strategists see Asian equities outperforming US to year-end Equities in China and India are being touted as potential outperformers in Asia in the second half of the year as investors flock to emerging-market themes. About a third of 19 Asia-based strategists and fund managers surveyed informally by Bloomberg News said they see Chinese stocks outstripping most over the next six months. A similar number picked India as their top bet while Japan was a distant third. https://www.bloomberg.com/news/articles/2024-07-06/chinese-indian-stocks-favored-over-japan-in-asia-s-second-half?embedded-checkout=true 07/07/2024 10:17 PM gooman Markets in Focus: Currency Risk Higher for Global Equity Investors https://www.msci.com/www/blog-posts/markets-in-focus-currency-risk/04783398091 10/07/2024 11:38 AM gooman Singapore Stocks Head for Six-Year High on Earnings Potential Major bank stocks have risen to record highs in recent weeks Second quarter earnings season to begin at the end of July https://www.bloomberg.com/news/articles/2024-07-10/singapore-stock-benchmark-heads-for-2018-high-on-earnings-hopes 10/07/2024 11:38 AM Souljaboiiii Short term pain, long term gain. Penta has two listed entities, one in bursa and another one in HKEX. HKEX Penta is dirt cheap, while Penta Bursa is dipping non stop. Based on my experience, usually stock price will correct itself to a reasonable level before the QR release. For companies like Penta, I am not surprised if the market makers already know what's the Q2 FY2024 revenue/profit before the official release. My instinct tells me that the upcoming QR release is not as good as the market anticipates. This can be attributed by global automotive weakness amidst of oversupply of EV especially in China. However, we all know that the upcoming 720k sqr feet campus located at Batu Kawan is the next big thing for Pentamaster. They already mentioned since year 2020 that their new campus is to cater for medical division. We can find a few companies that are operating in the same sector as Pentamaster for comparison. For their automotive SiC burn in test solution, AEHR test system is the best peer to peer comparison that we can find. For those who doesn't know what burn in does, it essentially is an extreme process to test how durable is the silicon (chip). The equipment will drive high voltage & current or increase the temperature to an extreme level to test whether the chip can sustain. It is a very important process for automotive chips since they must be very reliable to avoid accident occurs due to semiconductor malfunction. 28/07/2024 2:01 PM Souljaboiiii Besides that, Pentamaster also have a broad range of test solutions for semiconductor/electro-optical division. However, their focus is no longer on providing solutions for consumer electronics but rather automotive, industrial and medical which is very strategic since the semiconductor industry growth is driven by these three sectors. As an investor, I like consumer electronic companies when the economy is good, because many consumers like us have the spare cash to purchase great electronic products. For their medical division, they are providing automated assembly solutions to medical devices companies. I have no access to who's their customers but I believe companies like Boston Scientific, B braun, Abbott and smith & nephew that have manufacturing facilities in Malaysia is one of Penta customers. Hence, it's essential to see what's their performance to gauge how much capex that they are allocating to purchase equipment for better manufacturing efficiency. I believe since they are doing pretty well, hence Penta will also do very well. Keep in mind that this is a recession proof industry. Besides that, Pentamaster MediQ is also making effort to produce one time use product that can be used in the medical industry. I don't anticipate an astronomical growth since it is still a startup company, but I hope that they can contribute some to the top and bottom line in the future. I believe we can refer to how the market values Umedic to gauge how lucrative is this industry in Malaysia. 28/07/2024 2:15 PM Souljaboiiii As an investor, if we focus too much on calculation, we will lose out a bunch of opportunities. Their performance might be bad in the upcoming quarters (it can be 1 - 2 quarters before the growth restarts), but it is worth to invest in this company. I truly believe that in order to outperform the index, retail investor like us have to bet heavily on the best idea that we have. This is not a buy/sell call post, please consult your legal financial advisor for investment decision. 28/07/2024 2:20 PM neohts https://theedgemalaysia.com/node/721328 Pentamaster's 2Q profit drops 16% as sales volume dips in automated test equipment business Home Pentamaster's 2Q profit drops 16% as sales volume dips in automated test equipment business Tech Pentamaster's 2Q profit drops 16% as sales volume dips in automated test equipment business By Syafiqah Salim / theedgemalaysia.com 01 Aug 2024, 07:30 pm main news image KUALA LUMPUR (Aug 1): Pentamaster Corp Bhd’s (KL:PENTA) second-quarter net profit fell 15.87%, as its biggest revenue contributor — the automated test equipment (ATE) segment — recorded lower sales volume, higher employee expenses, provisions for slow-moving inventories, and research and development expenditure for certain projects. The group's net profit for the quarter ended June 30, 2024 (2QFY2024) dropped to RM19.9 million from RM23.65 million in 2QFY2023, while revenue dipped 3.11% to RM171.37 million from RM176.88 million. 02/08/2024 2:01 PM Souljaboiiii Their medical assembly solution saved their a** again. Penta is the only listed one in Malaysia that makes assembly equipment for medical industry at this scale. I believe if there's a recession in the US, the contraction of medical industry is inevitable, although this industry is well known as an industry that is recession proof. They will reduce the capex to survive through the storm as well, hence it is not looking good for Penta in the short term. However, Penta is very aggressive when comes to seize new opportunities, for example medical, renewable energy and more. Their diversification strategy is the correct strategy to mitigate downturn of one of their core competency. I will continue to invest in Penta (not MY but HK) due to the cheap valuation there. 04/08/2024 9:53 AM gooman Semiconductor ETFs, including SOXX and XSD, surged by 4.8 per cent and 5.4 per cent respectively. Industry leader Nvidia surged 4 per cent, whilst Broadcom and Monolithic Power Systems grew 5.4 per cent and 6.7 per cent respectively. 16/08/2024 8:40 AM gooman China's semiconductor companies report stellar operational gains despite US crackdown https://www.globaltimes.cn/page/202408/1318422.shtml 21/08/2024 6:04 PM  Cakes Moon With US fed is cutting interest rate, I bet technology stock PE ratio will be unleashed!!! 25/08/2024 10:32 AM gooman https://asia.nikkei.com/Economy/Trade/Thailand-Malaysia-see-strong-export-rebound-on-tech-upcycle 31/08/2024 11:50 AM Tanleechoo 2/H 2024 will be flat.. not much innovative products n poor div yield .. future is bleak ? 09/09/2024 9:17 AM  | | ||||||||||||||||||||||||||||||||||||||||||||||||
