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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.
  equitydiary @tvz32 https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3006150 20/05/2020 7:41 PM equitydiary PCB wishes to strongly iterate that it is not involved in any Shariah non-compliant activities such as gambling, gaming or entertainment activities and / or manufacture or sale of non-halal (non-Islamic) products or related activities. The reason for the Company’s exclusion from the Shariah-compliant list published by SC was because PCB and its subsidiaries’ (“PCB Group”) Cash/Total Assets exceeded 33% as at 31 December 2018 and more than 5% of the interest earned from the cash deposits were not derived from interest earned under Islamic law with the deposits placed in Islamic accounts or Islamic instruments. The above situation occurred as the Company’s cash position grew tremendously from its operations as well as the listing of its subsidiary, Pentamaster International Limited on The Stock Exchange of Hong Kong Limited in 2018. The Company has since rectified the situation in the first half of 2019 and the next updated list is expected to be made available in May 2020 by SC, based on the review of the audited financial statements released for financial year ending 31 December 2019. The SC publishes the listing twice a year based on historical audited financial statements. 20/05/2020 7:42 PM GooShen Fake rebound. Disappointing quarter result will make big shark pump and dump !! You touch you stay Holland !! 21/05/2020 9:18 AM enning22 if you have a mind set of stone age,hard to accept new thingking, new paradigm. 21/05/2020 10:17 AM GooShen Proven many times when I shout run, price will melt down. Hahaha you so easy forget ? 21/05/2020 11:56 AM tvz32 Gooshen you better shout more then, up 17 sen then drop back 8 sen, net still handsome gain 21/05/2020 12:31 PM thesteward There should be a syariah review in next few days ....very likely this gem could be reinstated into syariah list . If it is reinstated, I believe rm5.50 or rm6 is not impossible 22/05/2020 8:22 AM dollardollarbill RGTBHD (9954), the newly discovered Covid-19 thematic play https://klse.i3investor.com/blogs/dollardollarbill/2020-05-21-story-h1507774981-RGTBHD_9954_the_newly_discovered_Covid_19_thematic_play_bill.jsp 22/05/2020 8:58 AM GooShen Fake rebound. Don’t touch. Sell all now at good price. Recession is on the way. Reserve cash. 22/05/2020 9:06 AM newbie8080 Looking at how the glove PE had gone sky high, tech counters is beginning to look like a bargain. 22/05/2020 11:31 AM CharlesT Glove co expected to see few hundred percent increase in their profot fir next 2 years...Tech co can ah? 22/05/2020 11:33 AM newbie8080 @CharlesT Gloves demand spike happen only during pandemic. By end of the year, glove company back to where it is in 2019. You can compare this with the top 3 glove company results and the last few pandemics in the last 10 years. This covid-19 is indeed more severe, you can factor in additional 4-5 months additional supply and 50% topline and bottomline during these period. DO you think this high demand earnings will continue for many years? Ask yourself this question. Tech companies earnings for 5G,IOT,etc is consistent and ever growing till 6G arrives. Notice the first 5 years of each evolution, remember the first iphone with 4G? Yes, the iphone 5 back in 2012. Look at the top tech companies that supply for 4G and all related supply chain from 2012 to 2017. Compare their share prices from 2012 to 2017. --------------------------------------------------------------------------------------- Posted by CharlesT > May 22, 2020 11:33 AM | Report Abuse Glove co expected to see few hundred percent increase in their profot fir next 2 years...Tech co can ah? 22/05/2020 3:22 PM Nowyouseeme888 Will penta make it into syariah list next week? If it success definitely will be boosting its price in the near future. 22/05/2020 9:01 PM Nowyouseeme888 The reason for the Company’s exclusion from the Shariah-compliant list published by SC was because PCB and its subsidiaries’ (“PCB Group”) Cash/Total Assets exceeded 33% as at 31 December 2018 and more than 5% of the interest earned from the cash deposits were not derived from interest earned under Islamic law with the deposits placed in Islamic accounts or Islamic instruments. Cash ratio (cash/asset) 2019 - 57% 2018 - 58% 2017 - 23% 2016 - 21% 2015 - 15% For FY2019 the cash ratio is still 57%, therefore most probably Penta will not get into shariah-compliant list next week. 22/05/2020 11:06 PM Nowyouseeme888 Whether Penta enrolling into shariah list or not, the fundamental and its business activity doesn't change. For retailers who wish to use this shariah list as a buy in motive, you might need to reconsider. 22/05/2020 11:11 PM teeren90 @nowyouseemee888, i think the calculation of cash / asset will exclude the "Short Term Investment" of RM326mil (page 101 of FY2019 annual report) if exclude, it is only 13%.. i am not sure but i am basing on the fact that Penta management announced in Nov 2019 that they have rectified in 1H of FY2019 which according to their Jun-19 Balance sheet, their cash and cash equivalent is also 68% (no breakdown, probably include the short term investment also). another indication is that if you look at FY2018 annual report, its cash/total asset is 34% if exclude short term investment, i suppose that was why it triggered the exclusion back then. of course, the other thing i cant find is the >5% interest earned from shariah accounts. still a question. pleased to discuss. 23/05/2020 12:06 PM Nowyouseeme888 @teeren90 Yes I think you are right. I checked other shariah company in KLSE and seems like short terms fund is not included in the cash/asset ratio. I hope that Penta can manage to get enlisted in the next week! 23/05/2020 1:59 PM teeren90 @nowyouseemee888 ... that's great to hear! and yes i totally agree with you that regarding of this shariah fund, the fundamental of Penta doesn't change. After reading this week The Edge cover story on Semicon, i have good feeling in the overall industry outlook in 2H of 2020 and next year. i am more of a long investor here, so more interested in the outlook, but if shariah does come, then that's bonus. cheers! 23/05/2020 2:17 PM monetary Brazil no 2 in covid 19 case after US. The rest of S America will follow suit. Need low cost ventilator. 25/05/2020 10:09 AM  | | ||||||||||||||||||||||||||||||||||||||||||||||
