|
| |
Overview
Financial Highlight
HeadlinesBusiness Background SAM Engineering & Equipment (M) Bhd is a Malaysian company which provides precision machining, equipment integration and automation solutions to aerospace and equipment industries. The company is engaged in providing manufacturing solutions for critical engine parts and other related equipment parts and also on engineering and high precision tooling including large format CNC machining parts. It also provides for the arrangement of equipment engineering and solutions for commercial, semiconductor and other industries. The company manages its business in three segments namely Aerospace, Equipment manufacturing, and Precision engineering and generates the majority of the revenues from its business in Asia.
  Warrant Buffet 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. 04/07/2020 8:24 AM  Black Swan Antifragile 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. 13/07/2020 4:25 PM Black Swan Antifragile Compared to its peers, SAM is a deep laggard Please look at its valuation vis-a-vis earnings prospect and not its share prices 15/07/2020 9:56 PM Kon Lim Chai The eventual owner is Temasik, owner kiasu. CEO also kiasu. Who want to fry this counter? 19/07/2020 10:30 AM Kon Lim Chai the kiasu characteristic clearly shown when FYE31/3/20 recorded higher profit over 31/3/2019 but declared much lower dividend for FYE 2020. 19/07/2020 10:33 AM Warrant Buffet 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/ 20/07/2020 8:03 AM Black Swan Antifragile Global semiconductor sales are forecast to increase 3.3% y-o-y in 2020. 21/07/2020 10:14 AM PGOne (Pure Goreng One) this shares hard to go up, the valuation stick to there, temasek also dw goreng. 22/07/2020 12:36 AM crawler 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 23/07/2020 8:24 PM Warrant Buffet Nice one Fabien. I also managed to add more. Havent collect enough. 27/07/2020 9:39 PM RainT erm bad quarter result is already expected la , cover from 4,5,6 only good quarter result is the unexpected now, new normal 28/07/2020 10:14 AM Rwkl 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 30/07/2020 6:17 PM blackchicken HSBC Malaysia: RCEP may be a tonic for Asia to recover from Covid-19 impact https://www.theedgemarkets.com/article/hsbc-malaysia-rcep-may-be-tonic-asia-recover-covid19-impact 16/11/2020 8:46 AM bwho so many ppl talking about tech stock but no one mention SAM Engineering besides business involving aero parts .The Covid-19 pandemic has triggered soaring demand for semiconductors and data storage devices used in communications and IT infrastructures. The demand from our semiconductor and data storage customers echoed the positive business sentiments observed in the market. Our newly awarded projects have commenced mass production and at the same time, we continue to explore new projects with our customer 24/01/2021 5:41 PM  |
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
