KLSE: JFTECH (0146)       JF TECHNOLOGY BHD ACE : Technology
Last Price Today's Change   Day's Range   Trading Volume
2.03   -0.04 (1.93%)  2.03 - 2.08  15,900
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Market Cap: 255 Million
NOSH: 126 Million
Avg Volume (4 weeks):382,178
4 Weeks Range:1.88 - 2.19
4 Weeks Price Volatility (%):
52 Weeks Range:0.45 - 2.29
52 Weeks Price Volatility (%):
Average Price Target: 0.23
Price Target Upside/Downside: -1.80

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2017[#4]  |  28-Aug-2017
Next QR | Est. Ann. Date: 30-Sep-2017  |  22-Nov-2017
T4Q P/E | EY: 40.00  |  2.50%
T4Q DY | Payout %: 0.99%  |  39.41%
T4Q NAPS | P/NAPS: 0.24  |  8.46
T4Q NP Margin | ROE: 25.86%  |  21.15%

Market Buzz

Date Type Subject
13-Oct-2017 Insider DATO' FOONG WEI KUONG (a substantial shareholder) acquired 900,000 shares on 12-Oct-2017.
13-Oct-2017 Insider DATO' FOONG WEI KUONG (a substantial shareholder) acquired 832,000 shares on 12-Oct-2017.
13-Oct-2017 Insider DATO' FOONG WEI KUONG (a company director) acquired 900,000 shares at 2.100 on 12-Oct-2017.
13-Oct-2017 Insider DATO' FOONG WEI KUONG (a company director) acquired 832,000 shares at 2.100 on 12-Oct-2017.


Date Subject
27-Sep-2017 Mplus Market Pulse - 27 Sept 2017
09-Sep-2017 Are tech stocks overheating? [Goreng Goreng]
21-Aug-2017 The Edge weekly ~ Catching the next big wave - Semiconductor [Goreng Goreng]
01-Aug-2017 JF Technology - From The Kitchen to Global Innovator
30-Jun-2017 Daily Technical Highlights - (TECFAST, JFTECH)
13-Jun-2017 Mplus Market Pulse - 13 Jun 2017
12-May-2017 Technical Buy - JFTECH (0146)
28-Mar-2017 TRADING BUY - JFTECH (0146)

Business Background

JF Technology Berhad is an investment holding company. The Company's business is focused only in manufacturing and trading of electronic products components and test probes, including production, packaging, marketing and distribution of its products, in Malaysia. During the fiscal year ended June 30, 2011 (fiscal 2011), approximately 1.2 % of total sales are exported to Asian countries. The Company's wholly owned subsidiaries are J Foong Technologies Sdn. Bhd., which is engaged in manufacturing and trading of electronic products components, and JF Microtechnology Sdn. Bhd., which is engaged in design, development, custom manufacture and sale of integrated circuit test sockets, interconnect, test solutions and equipment for the semiconductor and electronic assembly markets.
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  3 people like this.
chinteikong everybody get ready for the new high, good luck !
11/07/2017 21:47
S12456 Like JHM, it stuck at around RM 2.00 ++ for a long time, before start flying fast up to RM5.00++.
12/07/2017 16:25
S12456 Target 2.50 by end of August
17/07/2017 18:03
SK92 The tide is coming to the shore...
20/07/2017 11:24
Alex Foo amazing optimism we have here =)

T4Q PE 60
NTA 0.23

fly jftech~ patent winners~
21/07/2017 07:30
asrizabidi https://t.me/sahamteknikmath (chanel pembelajaran analisis secara online)
26/07/2017 16:28
Gary Ooi Gogogogogogogogogog JFTECH limit up again
30/07/2017 21:04
Angeline Crazy up...
31/07/2017 11:06
Cornerstone A stock with a yearly revenue of RM22 million and net profit of RM4 million can command a market cap of RM280 million... totally speechless...
31/07/2017 11:12
turbochart q to sell at ...tell you later...kikiki,,,,
31/07/2017 12:37
kenari82 top up more today...will fly soon
01/08/2017 09:37
singunsin https://www.bfm.my/bg-dato-foong-wei-kuong-jf-technology-from-the-kitchen-to-global-innovator
01/08/2017 13:27
Edwardong53 Has been quiet for more than a month already........waiting patiently for it to explode upwards
04/08/2017 08:08
Hohup Dont worry, just topup at 2.04
07/08/2017 06:29
bj469 Hi Hohup,you know why the price keep falling today?
07/08/2017 11:58
lisac8011 why dropping so much??
07/08/2017 12:08
Bursa1575 goreng now
07/08/2017 12:22
Darren goreng down
07/08/2017 13:20
dxbman There is pending litigation for patent infringement against the company in the US. Looks like they will lose the case and have to pay damages which will result in negative QR for next quarter. Read the last QR for more info. The directors already started selling last week.
07/08/2017 13:24
lisac8011 https://www.digitalnewsasia.com/enterprise/jftech-confident-it-will-prevail-in-us-patent-infringement-case

JF Technology Bhd believes it will prevail in a pending patent infringement case with US-based Johnstech International Corp.

JF Tech also argued that US patent laws do not apply outside the United States, and that the manufacture, use, sale and offering for sale of its Zigma (pic) products outside the United States are not affected by this case.
07/08/2017 15:23
michaelwong Overvalued...,... over fried ! Too high price
07/08/2017 16:34
dxbman lisac8011, the article is dated 3 years ago. Read the latest QR.
07/08/2017 17:15
ttluck trap.....shit
08/08/2017 14:25
Alex Foo amazing optimism
08/08/2017 15:59
nkc33 Flying....
08/08/2017 16:12
MrRightTiming JFTECH bila mau rebound? Or is it going to become like DNEX?
16/08/2017 15:34
flyer111 tunggu sekejap
17/08/2017 11:29
Edwardong53 Any one has any good news of its coming Qtr results ... good or bad ?
19/08/2017 00:20
Gary Ooi Sure good la
19/08/2017 12:59
teh13 yala, sure got improvement
23/08/2017 16:21
ttluck fantastic.....finally rebound....up more....yeah....
24/08/2017 17:39
Edwardong53 Any one has news on its coming Qtr results, please share
25/08/2017 17:16
Rzeznikyoung Be passion then is yours
25/08/2017 17:53
mongmongcaca Results out d
28/08/2017 12:51
chinteikong very good result
28/08/2017 12:56
Unicorn Got dividend somemore.
28/08/2017 14:42
Gary Ooi http://www.klsescreener.com/v2/news/view/276275
02/09/2017 21:52
Gary Ooi http://www.thestar.com.my/business/business-news/2017/09/09/are-tech-stocks-overheating/
09/09/2017 10:48
ttluck yeah....strong rebounding....pls shoot up to 3.....
21/09/2017 09:46
Vegeta http://www.bursamalaysia.com/market/listed-companies/company-announcements/5553325
26/09/2017 14:18
Vegeta Bonus Issuance. Short term TP 2.50. Long term 3.00
26/09/2017 14:19
26/09/2017 14:28
26/09/2017 14:28
ttluck yeah....JFTECH ....shooting up....
27/09/2017 09:44
AhSeng Tomorrow gap up. Jftech
04/10/2017 19:59
chinteikong thanks JF AhSeng
05/10/2017 12:32
Megaknight PE41... is it too high for JF?
07/10/2017 09:06
Investor 9999 Jftech for FY 2017 ended 30 June, reported a turnover of RM24.7 million and a profit before tax of RM6.964 million and a profit after tax of RM 6.379 million. The EPS for the year was 5.06 Sen and the latest Q4 EPS was 1.72 Sen.
At current share price of RM2.06, it has a market capitalisation of RM 253 million. For a company having a net profit of RM6.379 and the market is valuing it at RM253 million. My opinion it is grossly overvalued. If you have a sober mind, would you buy such small Co, Jftech for RM253 million and wait 39.7 years to get back the amount you paid for your investment in the Co assuming there is no growth in net profit on the extreme pessimistic stand.
Ask yourself, is Jftech a world leader in its field of business (with no competitors around) with superior technology advancement or advancement in its field of business for market to give it a valuation of PE 39.7. Further below, I would compared it with FoundPac.
Will Warren Buffet or any prominent private like Navis Capital or The Blackstone Group or other re-owned international fund buy Jftech at this valuation? My answer is no for any astute investors who is worth his salt. Why pay so high for the future and it is not proven yet.
Owner and key directors had sold 4.055 million share ranging from 1.44 to 210 from 1 June to 6 Oct. See my list attached. If stakeholders are selling, it must reached their fair value. Why then should we hold
I have look at the list of substantial shareholders in the Annual Report for 2016 and 2017. There was no institution shareholder in 2016. However in 2017, the institutions shareholders were Kenanga Growth Fund (2 mil shares) and Philip Capital (610 shares). There are no other big name. I do not know both institution entry price. I can only said prior to 3 April, the share price was 88 Sen and below. Subsequently it went up all the way till now at 2.06 with frenzy goreng.
Comparing to FoundPac for FY 2017 ended 30 June, FPG reported a turnover of RM40.0 million (Jftechfast=RM24.7 million) and a profit before tax of RM13.0 million (Jftech =RM7.0 million) and a profit after tax of RM 10.22(Jftech =RM 6.379 million). FPG EPS for the year was 2.92 Sen (Jftech = 5.06 Sen) and FGPe latest Q4 EPS was 0.8 Sen (Jftech=1.72 Sen). Jftech figure in bracket.

I am not promoting FPgroup but just a comparison

It is also a thinly traded counter.
09/10/2017 15:49
Megaknight 9999, thanks for the good analysis
10/10/2017 07:51
Megaknight I think the company will have a better result in FY2018 and expect the US legal case to have a favourable outcome. With lower share price due to the bonus issue, the share appears to have more upside than downside. However the key question is the high PE.
10/10/2017 08:17


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