Posted by leekh5555 > Jul 3, 2020 3:50 PM | Report Abuse

SAM equipment segment business will growth strongly.

Posted by leekh5555 > Jul 3, 2020 4:07 PM | Report Abuse

fair value : PER 25.

Posted by Warrant Buffet > Jul 3, 2020 4:18 PM | Report Abuse

Lee I think 40x also can. Look at uwc.

https://klse.i3investor.com/blogs/buyandholdlt/2020-06-30-story-h1509679814-Bigger_in_size_half_the_price_SAM.jsp

Posted by leekh5555 > Jul 3, 2020 4:39 PM | Report Abuse

if compare with other tech stocks,SAM is deeply undervalued,now is time for SAM to shine.

Posted by leekh5555 > Jul 3, 2020 4:42 PM | Report Abuse

WB,of course it will happen,just matter of time..just hold

Posted by Axelrod > Jul 3, 2020 5:15 PM | Report Abuse

wah just recovered but should be going higher and higher laa. U see their aerospace also improving:

https://www.nytimes.com/2020/07/02/travel/boeings-737-max-flying.html

Posted by Axelrod > Jul 3, 2020 5:16 PM | Report Abuse

now just see their equipment also very strong but if aerospace come back also i think this counter got many upside

Posted by leekh5555 > Jul 3, 2020 5:34 PM | Report Abuse

aerospace segment will come back for sure and maybe will be awarded more products due to supply chain relocation(to avoid supply chain disruption because of COVID19)

Posted by Warrant Buffet > Jul 4, 2020 8:24 AM | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3064969

Good news. Believe Mr. Suresh can recommend more customers to this dirt cheap semicon stock.

Posted by lcs13579 > Jul 12, 2020 8:49 AM | Report Abuse

Now RM 8+ still can buy?

Posted by Fabien "The Efficient Capital Allocater" > Jul 13, 2020 4:25 PM | Report Abuse

https://cdn1.i3investor.com/my/files/dfgs88n/2020/07/13/1514330958-1381086382.pdf

Following the spark US/China/Huawei tech war, many have rushed to develop their semiconductor capabilities, especially in leading edge (≤7nm) frontend fabrication (foundry) to be self-sufficient on the back of national strategic and security interests

Expect robust capex in near to mid-term on frontend subsector benefiting companies like Frontken, UWC & SAM.

Global peers valuation at forward PE of 35 times.

SAM Engineering

A hidden gem? Under-researched SAM Engineering and Equipment (not rated) has morphed into a sizable semiconductor contract manufacturer after successful diversification strategy from aerospace market. Its equipment business has outgrown aerospace in FY20 with revenue and PBT accounted for 52% and 63% of overall.

Supported by strong parents (SAM Group and Accuron Technologies), SAM has exposure in semiconductor frontend and storage devices with reputable customers (Agilent, Teradyne, KLA Tencor, Bosch, P&G and etc) in telecommunication, medical and automotive sectors. Conservatively, assuming that any slack from aerospace will be compensated by equipment’s strength and yield a flattish bottom line for FY21 (RM80m), SAM is currently trading at undemanding 13.6x PE. However, we do note the concerns of liquidity and severe-than-expected slump in aerospace segment which should be mitigated by its initiatives to divert capacity to equipment business.

Posted by RainT > Jul 15, 2020 12:26 PM | Report Abuse

already up quite a lot

now expect to up to the sky ?

Posted by Fabien "The Efficient Capital Allocater" > Jul 15, 2020 9:56 PM | Report Abuse

Compared to its peers, SAM is a deep laggard

Please look at its valuation vis-a-vis earnings prospect and not its share prices

Posted by Kon Lim Chai > Jul 19, 2020 10:30 AM | Report Abuse

The eventual owner is Temasik, owner kiasu. CEO also kiasu. Who want to fry this counter?

Posted by Kon Lim Chai > Jul 19, 2020 10:33 AM | Report Abuse

the kiasu characteristic clearly shown when FYE31/3/20 recorded higher profit over 31/3/2019 but declared much lower dividend for FYE 2020.

Posted by Warrant Buffet > Jul 20, 2020 8:03 AM | Report Abuse

This is a growth stock yea. Dividend is PAID despite major expansion.

https://www.thestar.com.my/business/business-news/2019/02/22/sam-engineering-plant-to-supply-parts-to-airbus/

Posted by Fabien "The Efficient Capital Allocater" > Jul 21, 2020 10:14 AM | Report Abuse

Global semiconductor sales are forecast to increase 3.3% y-o-y in 2020.

Posted by PGOne (Pure Goreng One) > Jul 22, 2020 12:36 AM | Report Abuse

this shares hard to go up, the valuation stick to there, temasek also dw goreng.

Posted by lching > Jul 22, 2020 12:39 PM | Report Abuse

shareholder selling how to go up?

Posted by HoldingKing > Jul 23, 2020 6:30 PM | Report Abuse

shareholder wash you out only. It will still go up

Posted by optimusprimeXV > Jul 23, 2020 7:27 PM | Report Abuse

no liquidity, wait until you die

Posted by crawler > Jul 23, 2020 8:20 PM | Report Abuse

laugh to your bank until you die

Posted by crawler > Jul 23, 2020 8:24 PM | Report Abuse

https://simplywall.st/stocks/my/capital-goods/klse-sam/sam-engineering-equipment-m-berhad-shares?utm_medium=finance_user&utm_campaign=integrated-pitch&utm_source=post&blueprint=1196854#dividend

Posted by HoldingKing > Jul 24, 2020 5:07 PM | Report Abuse

Yo wtf. One day be4 Dividend drop so much. Smlj

Posted by crawler > Jul 24, 2020 8:43 PM | Report Abuse

v shape rebound

Posted by Fabien "The Efficient Capital Allocater" > Jul 27, 2020 3:46 PM | Report Abuse

Managed to grab some at 6.93 this morning.

Posted by stevenckheng > Jul 27, 2020 3:57 PM | Report Abuse

leaked QR,not good

Posted by Slc1 > Jul 27, 2020 5:19 PM | Report Abuse

QR not good? Then better don't buy first.

Posted by crawler > Jul 27, 2020 5:27 PM | Report Abuse

I also add on today. Patience is a virtue!

Posted by Warrant Buffet > Jul 27, 2020 9:39 PM | Report Abuse

Nice one Fabien. I also managed to add more. Havent collect enough.

Posted by RainT > Jul 28, 2020 10:14 AM | Report Abuse

erm

bad quarter result is already expected la , cover from 4,5,6

only good quarter result is the unexpected now, new normal

Posted by crawler > Jul 28, 2020 5:53 PM | Report Abuse

i add on more today

Posted by Rwkl > Jul 30, 2020 6:17 PM | Report Abuse

Seems there are no virtual AGM facilities up north in Penang?
They are having it in PJ. At last got a chance to hear them out

Posted by lching > Aug 4, 2020 4:34 PM | Report Abuse

finally rebounded.

Posted by crawler > Aug 4, 2020 9:04 PM | Report Abuse

taking private hopefully...too low price now to make sense

Posted by stockraider > Aug 5, 2020 8:05 AM | Report Abuse

Buy well manage & strong shareholder...now a bargain price mah...!!

Posted by crawler > Aug 5, 2020 3:09 PM | Report Abuse

too cheap to ignore

Posted by leekh5555 > Aug 10, 2020 11:41 AM | Report Abuse

better wait for QR before buy back again.

Posted by RainT > Aug 15, 2020 5:39 PM | Report Abuse

ya

let see how SAM quarter report look like

Posted by ubaL taM > Aug 15, 2020 6:00 PM | Report Abuse

SAM _ Rasputin

Posted by dam82 > Aug 19, 2020 6:14 PM | Report Abuse

esok down sikit boleh

Posted by cckiong > Aug 19, 2020 9:31 PM | Report Abuse

Profit drops so much. No eye see

Posted by dam82 > Aug 19, 2020 9:55 PM | Report Abuse

this is a gem can collect and keep ..

Posted by yangxi > Aug 19, 2020 11:08 PM | Report Abuse

nasib SAM ada profit in Equipment segment although MCO affected.

Aerospace business gg this year.

Posted by cckiong > Aug 21, 2020 4:35 PM | Report Abuse

Drop like waterfall sigh

Posted by dam82 > Aug 22, 2020 4:59 PM | Report Abuse

waiting to go down more ....watch list

Posted by Toplove888 > Sep 2, 2020 1:02 PM | Report Abuse

Collecting mode... tp rm2 still intact

Posted by RainT > Oct 17, 2020 5:54 PM | Report Abuse

still expensive