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KLSE: SCIENTX       SCIENTEX BERHAD
Last Price Avg Target Price   Upside/Downside Price Call
8.57 8.47     -0.10 (1.17%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
18/12/2017 8.77 8.43 -0.34 (3.88%) HOLD KENANGA Price Target News
07/12/2017 8.68 8.43 -0.25 (2.88%) HOLD KENANGA Price Target News
20/09/2017 8.70 8.50 -0.20 (2.30%) HOLD KENANGA Price Target News
10/08/2017 8.57 8.50 -0.07 (0.82%) HOLD KENANGA Price Target News


Price Target Research Article/News (past 6 months)
18/12/2017  KENANGA Scientex Berhad - Buying More Land in Johor
07/12/2017  KENANGA Scientex Berhad - 1Q18 Within Expectations
20/09/2017  KENANGA Scientex - FY17 Within Our Expectation
10/08/2017  KENANGA Scientex - Acquiring Land in Rawang



  4 people like this.
 
leslieroycarter MR LIM PENG CHEONG 21-Sep-2017 Acquired 20,000 0.000 View Detail
MR LIM PENG CHEONG 21-Sep-2017 Acquired 13,500 0.000 View Detail
MR LIM PENG CHEONG 21-Sep-2017 Acquired 6,500 0.000 View Detail
MR LIM PENG JIN 21-Sep-2017 Acquired 20,000 0.000 View Detail
MR LIM PENG CHEONG 20-Sep-2017 Acquired 34,000 0.000 View Detail
MR LIM PENG CHEONG 20-Sep-2017 Disposed 34,000 0.000 View Detail
MR LIM PENG CHEONG 19-Jul-2017 Acquired 25,000 0.000 View Detail
MR LIM PENG CHEONG 19-Jul-2017 Disposed 25,000 0.000 View Detail
MR LIM TECK MENG 29-May-2017 Notice of Person Ceasing 226,071,118 0.000 View Detail
SIM SWEE TIN SDN BHD 17-May-2017 Notice of Person Ceasing 0 0.000 View Detail
MR LIM PENG CHEONG 17-Apr-2017 Acquired 385,400 0.000 View Detail
MR LIM PENG JIN 17-Apr-2017 Acquired 385,400 0.000 View Detail
SCIENTEX HOLDINGS SDN BERHAD 17-Apr-2017 Acquired 385,400 0.000 View Detail
MR LIM PENG CHEONG 14-Apr-2017 Acquired 550,000 0.000 View Detail
MR LIM PENG JIN 14-Apr-2017 Acquired 550,000 0.000 View Detail
SCIENTEX HOLDINGS SDN BERHAD 14-Apr-2017 Acquired 550,000 0.000 View Detail
MR LIM PENG CHEONG 13-Apr-2017 Acquired 700,000 0.000 View Detail
MR LIM PENG JIN 13-Apr-2017 Acquired 700,000 0.000 View Detail
SCIENTEX HOLDINGS SDN BERHAD 13-Apr-2017 Acquired 700,000 0.000 View Detail
MR LIM PENG CHEONG 28-Sep-2016 Acquired 35,000 0.000 View Detail
LIM TECK MENG SDN BHD 12-Aug-2016 Others 18,866,678 0.000 View Detail
MR LIM PENG CHEONG 12-Aug-2016 Others 125,167,859 0.000 View Detail
MR LIM PENG JIN 12-Aug-2016 Others 134,214,029 0.000 View Detail
MR LIM TECK MENG 12-Aug-2016 Others 113,110,659 0.000 View Detail
SCIENTEX HOLDINGS SDN BHD 12-Aug-2016 Others 49,530,262 0.000 View Detail
Previous12345…14Next
02/10/2017 17:06
leslieroycarter More shares acquired bu insider , thus the future is intact.
02/10/2017 17:06
Muthusamy http://www.klsescreener.com/v2/news/view/293589/scientex-expects-growth-from-major-investments
16/10/2017 12:21
CKNGCKI3 Thanks Muthu for sharing the article...useful compared to all those baseless and USELESS prediction of the share prices and chanting !
16/10/2017 20:48
leslieroycarter dec 15 1st qtr result on the way....hope the rev can exceed 534.7 mi this coming season...
17/11/2017 11:26
leslieroycarter This counter is meant for long term holding . The price may double in another 3 years time ....hope the time may come. Minor fluctuations here n there are the opportunities to accumulate.
22/11/2017 17:18
leslieroycarter Selling of 100 shares at a much lower price cannot be the norm for the down spin.
23/11/2017 10:59
shuyin qtr report is out
06/12/2017 13:37
股你悟到 Profit 39%
06/12/2017 14:07
leslieroycarter 06-Dec-2017 Entitlement SCIENTEX BERHAD declared Final Dividend (with Dividend Re-Investment Plan) - RM 0.1, the ex-dividend date on 26-Dec-2017.
06/12/2017 15:48
leslieroycarter Market Cap: 4,208 Million
Latest Audited Result: 31-Jul-2017
Latest Quarter: 31-Oct-2017 [#1]
Annual (Unaudited) ( EPS: 52.90, P/E: 16.45 )
T4Q Result ( EPS: 57.11, P/E: 15.24 )
Annualized Result ( EPS: 59.87, P/E: 14.53 )
06/12/2017 15:56
swissvillage Kesm is good buy. A possble split and a bonus issue near future
08/12/2017 07:30
leslieroycarter This counter does not need to advertise coz the profit is increasing with time . It will achieve another RM 13 soon...after that another split will follow suit. Just keep for your children coz it is safe n steady.
08/12/2017 11:52
leslieroycarter Wednesday, 6 Dec 2017

1:24PM SCIENTX Final Single tier Dividend 10 Sen (with Dividend Re-Investment Plan)
1:23PM SCIENTX 1Q net profit 73.395 million (increased 38.52%)
1:21PM SCIENTX NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
1:19PM SCIENTX General Meetings: Outcome of Meeting
1:17PM SCIENTX General Meetings: Outcome of Meeting
08/12/2017 12:11
ckk916 Whats mean of dividend re-investment plan
14/12/2017 14:59
JEbat888 Scientx ala jual rumah teres 2 storey @ durian tunggal melaka, dlm 2 bulan sold out release phase 1 & 2,.....many people que at opening day, 8 khemah ready standby customer register , +/- 3 to 5 minit dari University Teknikal Melaka, .......
14/12/2017 16:36
leslieroycarter Div investment plan like in Maybank did ....
15/12/2017 10:43
leslieroycarter I like scientx because of its steady growth from year to year . It started at 1.50 n exceeded 13.0 .
After ex back to 6.50 n now around 8.70 +-. Given time , it can surpass 13 again.
The bulk of the revenue came from housing n it has acquired more land banks for expansion thru private placement of shares n not asking for more fund via right issues.
Thus , it share price is given a higher rating than its TP given by analysts.
The revenue structure presently is 60:40 for housing n manufacturing . With time , more prominence will come from manufacturing.
Groundwork already set for more expansion into USA for the manufacturing n to explore more business opportunities .
Housing concentration on affordable housing where the demand lies . So the surplus seen in housing has no impact or minimal impact on Scientx .
In conclusion , there is future in Scientx n holding for long term will not be a mistake.
This sharing comes with a disclaimer not is not a recommendation to buy .
15/12/2017 10:56
leslieroycarter SCIENTX - Notice of Book Closure
SCIENTX - Notice of Book Closure
ILC-11122017-00006
Single tier final dividend of 10 sen per ordinary share. Kindly be advised of
the following : 1) The above Company's securities will be traded and quoted
"Ex - Dividend? as from: 26 Dec 2017 2) The last date of lodgment : 28 Dec
2017 3) Date Payable : 26 Jan 2018 Remarks:- On 19 September 2017, the Board
of Directors ("Board") of Scientex Berhad ("Scientex") recommended a single
tier final dividend of 10 sen per ordinary share for the financial year ended
31 July 2017 ("FYE 2017 Final Dividend"). Subsequently, the Board had
determined that the dividend reinvestment plan ("DRP") will be applicable to
the entire FYE 2017 Final Dividend ("First DRP"), whereby the shareholders of
Scientex are given an option to reinvest their FYE 2017 Final Dividend in new
ordinary shares of Scientex to be issued pursuant to the First DRP ("New
Scientex Shares").On 6 December 2017, the shareholders of Scientex had approved
the FYE 2017 Final Dividend and the DRP at Scientex's Annual General Meeting
and Extraordinary General Meeting respectively. On even date, UOB Kay Hian
Securities (M) Sdn Bhd had, on behalf of the Board, announced that the issue
price of the New Scientex Shares has been fixed today at RM7.80 per New
Scientex Share.
MANAGER, SEC. MARKET
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com


11/12/2017 07:00 AM


Ref Code: 201712115100034
15/12/2017 11:30
k6ii Siapa ada pergi tengok Meru 2 project?
15/12/2017 13:55
leslieroycarter Scientex Bhd is acquiring a 336-acre piece of freehold land in Pulai, Johor for RM284.2 mln cash, to be developed into a mixed property development. The group has inked a sale and purchase agreement with DKTMG Land Sdn Bhd for the proposed land acquisition, which will enable Scientex to expand on its existing landbank in Johor. Further details on the project was undisclosed, as the project is still at its preliminary stage. (The Star Online)
18/12/2017 11:46
leslieroycarter I like scientx because the co will not simply asking for more funds like selling rights to acquire land banks but instead using internal funds or cash or private placement to acquire landed assets . Second, dividend payment given an option to buy more shares at a discount at Rm 7.80 instead of prevailing market price at rm 8.70 . Thus , we can accumulate more shares at below market value though we may encounter like odd lots after that . Given extra shares this way will make the co stronger financially n the co will have available cash , more liquid on its cash flows . Future expansion of the co n to enhance targetary growth will not be a problem given the confidence shown by the management as well as all stakeholders be they big or small.
18/12/2017 12:52
missyii wow ...full confident with this counter
19/12/2017 17:34
vinvestor The boss aim to hit market cap of RM10b in 10 years time. Now its market cap only RM4.2b.
19/12/2017 18:43
missyii can be manage about the target for rm10bil market cap.....many project coming ya..
20/12/2017 10:15
leslieroycarter Slow n steady n no heartache...
21/12/2017 14:16
leslieroycarter Barrier 9.85....
03/01/2018 16:33
leslieroycarter To hit 10 B in 10 year’s time , the strategy is minimum growth 25% pa.
03/01/2018 19:33
Aeron_learner Hi all, I'm Newbie here. First time saw the DRP annoucement. Can anyone share the procedure to participate it? We just need to print out the form from annoucement link then send bac to company will do?
Or we will be receive the applications form?
Because i fill my address at hometown but I working outside. Not sure whether I should back hometown and check. Many thanks!
04/01/2018 07:48
ss20_20 The reinvestment option is at RM7.80 per new share and the new shares must be in multiple of and not less than 100 new shares. That means you may need at least 7,800 existing Scientx shares and entitled final dividend of RM780 (RM0.10 per shares held), then you would use the dividend to reinvest to get 100 new shares.
05/01/2018 13:36
leslieroycarter DRP is definitely better than cash dividend proposed .At 7.80 , ur buying at a great discount coz the price now is more than 9.00.
05/01/2018 14:37
leslieroycarter Difference between cash dividend and stock received is more than 16~17%.
05/01/2018 14:41
ss20_20 it's true
05/01/2018 16:49
Plainrobot Good counter
05/01/2018 18:25
Aeron_learner So if we hold less than 7800 share, no need to subscribe the DRP? @@
05/01/2018 23:40
kionglee I only have 2000shares, so can give up liao :(
06/01/2018 09:04
Aeron_learner Anyone can we get the odd shares? haha
06/01/2018 13:04
Ricky Yeo @leslieroycarter I disagree: There is no such thing as definite. Comparatively, yes you will be better off doing DRPs compare to buying share. But you have to know your own opportunity cost. And again RM7.80 means your willingness to except a certain level of future return. If that future return doesn't meet the hurdle rate of an investor, the correct decision is still not to reinvest. Just because the difference is 16-17% doesn't mean reinvesting div is the right decision.
09/01/2018 11:26
CKNGCKI3 Ricky Yeo..i think u have no idea what u are talking about..what u mean by willingness to accept certain level of future returns ? This is shares...can sell anytime !
09/01/2018 19:21
leslieroycarter Those who had sold triggered by a few speculators here in so small volume will be regretted for life as the majority of holders here are very long term , some way back in its inception days when it was traded RM 1.40/1.45....it shot up passed wll over RM 13.00 , after split , it was RM 6.50 , now it is traded RM 8-9. Good or not , we can easily access . For the DRP part in exchange of div paid , some quarters said , it is a bad bargain, though it is only fixed at RM 7.80 compared in trade of well excess of RM 9.00. I m still for the DRP coz it is very much cheaper than purchased from the market being void of commission charges, transfer fees , stamp duties and GST . Where can u get such a good deal now? Maybank also did the same thing of paying div or issuing stock at 10% below market market price , whereas Scientx offered a better deal coming to 17%. Agree or disagree is up to individual . If u state the facts and substantiate with more credible reasons , then everyone of us here will be more than welcome to hear more from u more in future.
10/01/2018 08:20
dextronium Anyone has got the DRP offer letter? Thanks in advance for any input.
10/01/2018 08:34
ss20_20 Those with less than 7,800 shares then you will receive cash dividend
10/01/2018 08:34
dextronium I have fulfilled this criteria.
10/01/2018 08:55
leslieroycarter The future returns at least better than RM 13 previously if it breached 10 B in a few years time ... I think it shall be RM 18-20 .... The future returns shall be better than 3%interest from local banks.
10/01/2018 10:31
leslieroycarter vol 42,400 shares sold yesterday ...compared with normal trade of vol 127k to 356k. from 33% to 9% respectively. Too insignificant to pull down the stock given its strong fundamentals still very much intact . If the punters can sell more than 100k per day , then the picture will be different . But i doubt the sudden sell can really pull the rest who are long term holders to part cheaply when its future is getting stronger by the day.
10/01/2018 10:39
Ricky Yeo Look it this way. DRPs can be a good deal for some not everyone. If in my universe where I only understand FD and Scientex but nothing else, DRP for Scientex will be a very good deal, because my opportunity cost, buying FD instead of DRP Sctx, is low. In contrast, if my uncle offer his business for only 10% of its true value, should I put my money in DRP or buy his business? of course I'll be too dumb to buy DRP because my uncle business promise way better return given he only offer me at 10%.

Business is always talking about future return on capital. How much the business can generate given its current and future investment. Which means if you DRP at that price, mean you value Scientex as 'good value', given that there are no other better opportunity out there. But if you do have a good opportunity somewhere, that is a bad decision.

To give a concrete example, Scientex at DRP price would means you 'own' a piece of the business at $3.741 market cap. IF you assume that Scientex can hit $10 bil market cap in 10 years, what is the CAGR? 10.3%. This is factual. You can calculate that. And assume PE ratio maintain the same, that means the share price will compound at 10.3% CAGR as well.

So now the thing is, what is your opportunity cost? What is the next best idea.? If someone has another stock that can give 15% long-term for next 10 years, does it make sense to get this DRP? Of course not, that is wasting opportunity. Comparatively, if someone only has the next best idea that can give say 8% long-term (all else equal i.e quality), then surely he should buy the DRPs.

Opportunity cost is relative, everyone is different. And FYI, I hold Scientex since $2.47 pre-split, just in case someone wants to accuse I have hentai intention.

IF you think DRP Scientex is good, that's great you should subscribe. The point is advising someone without taking into their opportunity cost is not a good thing to do. Just as someone would ask should i buy this, should I buy that, of course I can't answer. My opportunity cost is different from yours.
10/01/2018 17:33
Ricky Yeo Now this trigger another interesting thing. I've no doubt if someone ask if he should buy Scientex now, surely all Scientex supporters will ask him to buy, saying great management, well run (I agree), etc. Lets quantify this.

Scientex current market cap is $4.35 bil, using same equation, 10 years 10 bil, you get CAGR 8.68%, which is decent if not crap. But mark my word, many people buying Scientex at this price will be imagining themselves earning 100% return in 3-5 years, thinking it is 'conservative' estimate given Scientex has average more than 100% per year for past 5 years.
10/01/2018 18:02
Ricky Yeo And I am not too sure how you derive growth of 25% p.a given a $10 bil market cap in 10 years, unless you are assuming the PE will be so low than current level by then.
10/01/2018 18:25
leslieroycarter If u r thinking out of the box not related to comparison to bank deposit vs div from stock ; like doing business as an entrepreneur , then there is no point to deliberate further . How to compare apple and an orange ? Two different things and too many variables n too different DNA altogether , It is just like u r going for business n I m talking about bitcoin , a broad chain crypto currency investment . The up n rise witnessed so far was astronomical. With this , it will come with the same risks n liabilities as well. I m talking stock investment not involving much mental orientation but su5 comfortably to see nominal projection of your fund in a manageable way , same as other stock investing . It is that plain simple n not much of economic n accounting jargons applied to be easily understood.
12/01/2018 12:19
Ricky Yeo We can exclude my uncle's business if you want. But the logic is still the same, DRPs is only good if other opportunities i.e other stocks provide lower future return. IF someone has a stock that can return more than 10.3% in next 10 years, all else equal, this DRPs is not the first choice.

And if you only want to compare between bank deposit and stock, any stock that has dividend yield higher than 4% or PE below 25 (1/25=4%) can be justified as more preferable than putting that sum of money in bank deposit. But that is only true if both carry the same risk, which obviously isn't. Investor demand higher return (risk premium) in order to compensate for the risk of investing in stock, because they are riskier in nature (whether that's Scientex or Public Bank) compare to having it in bank deposits.

So going back to that 10.3% CAGR, the risk premium is 6.3% (10.3-4%). That means again, an investor has to compare to see if 6.3% is enough to compensate for the risk he is taking.

I am sure I try to be as simple as I can. No Physic level maths. Opportunity cost is really "Should I spend tonight going for movie' or 'Should I watch dvd at home'
12/01/2018 13:43


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