Highlights
KLSE: BOILERM (0168)       BOILERMECH HOLDINGS BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
1.04   -0.01 (0.95%)  1.02 - 1.08  1,399,700
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Financials


Market Cap: 537 Million

Market Cap 537 Million
NOSH 516 Million

Latest Audited Result:  31-Mar-2020

Latest Audited Result: 31-Mar-2020
Announcement Date 25-Aug-2020
Next Audited Result: 31-Mar-2021
Est. Ann. Date: 25-Aug-2021
Est. Ann. Due Date: 27-Sep-2021

Latest Quarter:  31-Dec-2020 [#3]

Latest Quarter: 31-Dec-2020 [#3]
Announcement Date 24-Feb-2021
Next Quarter: 31-Mar-2021
Est. Ann. Date: 25-Jun-2021
Est. Ann. Due Date: 30-May-2021
QoQ | YoY   24.70%  |    32.90%

Annual (Unaudited) ( EPS: 4.51, P/E: 23.08 )

Revenue | NP to SH 230,147  |  23,255
RPS | P/RPS 44.60 Cent  |  2.33
EPS | P/E | EY 4.51 Cent  |  23.08  |  4.33%
DPS | DY | Payout % 1.75 Cent  |  1.68%  |  38.83%
NAPS | P/NAPS 0.41  |  2.54
YoY   -12.49%
NP Margin | ROE 10.46%  |  10.99%
F.Y. | Ann. Date 31-Mar-2020  |  25-Jun-2020

T4Q Result ( EPS: 4.27, P/E: 24.37 )

Revenue | NP to SH 221,164  |  22,018
RPS | P/RPS 42.86 Cent  |  2.43
EPS | P/E | EY 4.27 Cent  |  24.37  |  4.10%
DPS | DY | Payout % 1.75 Cent  |  1.68%  |  41.01%
NAPS | P/NAPS 0.43  |  2.42
QoQ | YoY   9.27%  |    -19.89%
NP Margin | ROE 11.09%  |  9.92%
F.Y. | Ann. Date 31-Dec-2020  |  24-Feb-2021

Annualized Result ( EPS: 4.12, P/E: 25.26 )

Revenue | NP to SH 215,137  |  21,242
RPS | P/RPS 41.69 Cent  |  2.49
EPS | P/E | EY 4.12 Cent  |  25.26  |  3.96%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   26.60%  |    -7.20%
NP Margin | ROE 11.21%  |  9.57%
F.Y. | Ann. Date 31-Dec-2020  |  24-Feb-2021


Hints :
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Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY
31-Mar-2021 24-Feb-2021 31-Dec-2020 3 215,137 32,493 24,113 21,242 - 221,880 - % 11.21% 9.57% 516,000 41.69 41.69 4.12 4.12 0.00 0.00 0.4300 0.43   26.60%   -7.20% 31-Dec-2020 0.995 2.39 24.17 2.31 4.14% 0.00% 0.985 2.36 23.93 2.29 4.18% 0.00%
31-Mar-2021 24-Nov-2020 30-Sep-2020 2 192,718 27,422 19,852 16,780 - 216,719 - % 10.30% 7.74% 516,000 37.35 37.35 3.26 3.26 0.00 0.00 0.4200 0.42   79.12%   -27.01% 30-Sep-2020 0.605 1.62 18.60 1.44 5.38% 0.00% 24-Nov-2020 0.86 2.30 26.45 2.05 3.78% 0.00%
31-Mar-2021 12-Aug-2020 30-Jun-2020 1 128,112 14,164 9,936 9,368 - 216,719 - % 7.76% 4.32% 516,000 24.83 24.83 1.80 1.80 0.00 0.00 0.4200 0.42   -59.72%   -63.76% 30-Jun-2020 0.555 2.24 30.57 1.32 3.27% 0.00% 12-Aug-2020 0.63 2.54 34.70 1.50 2.88% 0.00%
31-Mar-2020 25-Jun-2020 31-Mar-2020 4 230,147 32,426 24,082 23,255 9,030 211,559 38.83% 10.46% 10.99% 516,000 44.60 44.60 4.51 4.51 1.75 1.75 0.4100 0.41   1.59%   -12.49% 31-Mar-2020 0.45 1.01 9.98 1.10 10.02% 3.89% 25-Jun-2020 0.52 1.17 11.54 1.27 8.67% 3.37%
31-Mar-2020 21-Feb-2020 31-Dec-2019 3 227,114 31,754 23,514 22,890 - 211,559 - % 10.35% 10.82% 516,000 44.01 44.01 4.44 4.44 0.00 0.00 0.4100 0.41   -0.42%   5.60% 31-Dec-2019 0.605 1.37 13.64 1.48 7.33% 0.00% 21-Feb-2020 0.60 1.36 13.53 1.46 7.39% 0.00%
31-Mar-2020 21-Nov-2019 30-Sep-2019 2 234,530 32,384 23,834 22,988 - 206,400 - % 10.16% 11.14% 516,000 45.45 45.45 4.46 4.46 0.00 0.00 0.4000 0.40   -11.06%   10.01% 30-Sep-2019 0.54 1.19 12.12 1.35 8.25% 0.00% 21-Nov-2019 0.62 1.36 13.92 1.55 7.19% 0.00%
31-Mar-2020 19-Aug-2019 30-Jun-2019 1 243,160 35,028 26,592 25,848 - 211,559 - % 10.94% 12.22% 516,000 47.12 47.12 5.00 5.00 0.00 0.00 0.4100 0.41   -2.74%   31.02% 28-Jun-2019 0.58 1.23 11.58 1.41 8.64% 0.00% 19-Aug-2019 0.74 1.57 14.77 1.80 6.77% 0.00%
31-Mar-2019 28-May-2019 31-Mar-2019 4 234,810 36,615 27,826 26,575 10,320 206,400 38.83% 11.85% 12.88% 516,000 45.51 45.51 5.15 5.15 2.00 2.00 0.4000 0.40   22.59%   29.16% 29-Mar-2019 0.555 1.22 10.78 1.39 9.28% 3.60% 28-May-2019 0.565 1.24 10.97 1.41 9.12% 3.54%
31-Mar-2019 21-Feb-2019 31-Dec-2018 3 216,730 29,953 22,445 21,677 - 196,079 - % 10.36% 11.06% 516,000 42.00 42.00 4.20 4.20 0.00 0.00 0.3800 0.38   3.74%   12.35% 31-Dec-2018 0.52 1.24 12.38 1.37 8.08% 0.00% 21-Feb-2019 0.59 1.40 14.04 1.55 7.12% 0.00%
31-Mar-2019 22-Nov-2018 30-Sep-2018 2 221,074 29,708 21,558 20,896 - 185,760 - % 9.75% 11.25% 516,000 42.84 42.84 4.04 4.04 0.00 0.00 0.3600 0.36   5.92%   10.35% 28-Sep-2018 0.665 1.55 16.42 1.85 6.09% 0.00% 22-Nov-2018 0.61 1.42 15.06 1.69 6.64% 0.00%
31-Mar-2019 23-Aug-2018 30-Jun-2018 1 217,340 26,856 19,496 19,728 - 190,920 - % 8.97% 10.33% 516,000 42.12 42.12 3.84 3.84 0.00 0.00 0.3700 0.37   -4.12%   5.70% 29-Jun-2018 0.685 1.63 17.92 1.85 5.58% 0.00% 23-Aug-2018 0.725 1.72 18.96 1.96 5.27% 0.00%
31-Mar-2018 23-May-2018 31-Mar-2018 4 225,907 30,205 21,927 20,575 9,030 190,920 43.89% 9.71% 10.78% 516,000 43.78 43.78 3.99 3.99 1.75 1.75 0.3700 0.37   6.64%   -10.75% 30-Mar-2018 0.67 1.53 16.80 1.81 5.95% 2.61% 0.695 1.59 17.43 1.88 5.74% 2.52%
31-Mar-2018 13-Feb-2018 31-Dec-2017 3 210,424 26,701 19,972 19,294 - 180,599 - % 9.49% 10.68% 516,000 40.78 40.78 3.73 3.73 0.00 0.00 0.3500 0.35   1.89%   -12.65% 29-Dec-2017 0.825 2.02 22.06 2.36 4.53% 0.00% 13-Feb-2018 0.78 1.91 20.86 2.23 4.79% 0.00%
31-Mar-2018 22-Nov-2017 30-Sep-2017 2 202,476 25,658 19,248 18,936 - 175,440 - % 9.51% 10.79% 516,000 39.24 39.24 3.66 3.66 0.00 0.00 0.3400 0.34   1.46%   -6.35% 29-Sep-2017 0.91 2.32 24.80 2.68 4.03% 0.00% 22-Nov-2017 0.835 2.13 22.75 2.46 4.39% 0.00%
31-Mar-2018 22-Aug-2017 30-Jun-2017 1 181,740 25,172 18,964 18,664 - 175,440 - % 10.43% 10.64% 516,000 35.22 35.22 3.60 3.60 0.00 0.00 0.3400 0.34   -19.04%   -27.49% 30-Jun-2017 0.935 2.65 25.85 2.75 3.87% 0.00% 22-Aug-2017 0.90 2.56 24.88 2.65 4.02% 0.00%
31-Mar-2017 24-May-2017 31-Mar-2017 4 237,190 32,391 23,858 23,053 7,740 170,280 33.57% 10.06% 13.54% 516,000 45.97 45.97 4.47 4.47 1.50 1.50 0.3300 0.33   4.36%   -25.07% 31-Mar-2017 0.845 1.84 18.91 2.56 5.29% 1.78% 24-May-2017 1.05 2.28 23.50 3.18 4.25% 1.43%
31-Mar-2017 22-Feb-2017 31-Dec-2016 3 238,677 29,540 22,598 22,089 - 159,960 - % 9.47% 13.81% 516,000 46.26 46.26 4.28 4.28 0.00 0.00 0.3100 0.31   9.24%   -36.64% 30-Dec-2016 0.815 1.76 19.04 2.63 5.25% 0.00% 22-Feb-2017 0.88 1.90 20.56 2.84 4.86% 0.00%
31-Mar-2017 17-Nov-2016 30-Sep-2016 2 232,388 27,292 20,646 20,220 - 159,960 - % 8.88% 12.64% 516,000 45.04 45.04 3.92 3.92 0.00 0.00 0.3100 0.31   -21.45%   -48.30% 30-Sep-2016 0.995 2.21 25.39 3.21 3.94% 0.00% 17-Nov-2016 0.86 1.91 21.95 2.77 4.56% 0.00%
31-Mar-2017 17-Aug-2016 30-Jun-2016 1 246,880 34,660 26,392 25,740 - 165,119 - % 10.69% 15.59% 516,000 47.84 47.84 5.00 5.00 0.00 0.00 0.3200 0.32   -16.34%   -17.75% 30-Jun-2016 1.02 2.13 20.45 3.19 4.89% 0.00% 17-Aug-2016 1.03 2.15 20.65 3.22 4.84% 0.00%
31-Mar-2016 27-May-2016 31-Mar-2016 4 260,109 39,582 30,890 30,767 7,740 159,960 25.16% 11.88% 19.23% 516,000 50.41 50.41 5.96 5.96 1.50 1.50 0.3100 0.31   -11.75%   -21.42% 31-Mar-2016 1.02 2.02 17.11 3.29 5.85% 1.47% 27-May-2016 1.03 2.04 17.27 3.32 5.79% 1.46%
31-Mar-2016 24-Feb-2016 31-Dec-2015 3 256,844 43,896 34,862 34,862 - 149,639 - % 13.57% 23.30% 516,000 49.78 49.78 6.76 6.76 0.00 0.00 0.2900 0.29   -10.87%   -15.96% 31-Dec-2015 1.16 2.33 17.17 4.00 5.82% 0.00% 24-Feb-2016 1.05 2.11 15.54 3.62 6.43% 0.00%
31-Mar-2016 19-Nov-2015 30-Sep-2015 2 258,310 51,132 39,114 39,114 - 134,159 - % 15.14% 29.15% 516,000 50.06 50.06 7.58 7.58 0.00 0.00 0.2600 0.26   24.98%   -8.92% 30-Sep-2015 1.10 2.20 14.51 4.23 6.89% 0.00% 19-Nov-2015 1.12 2.24 14.78 4.31 6.77% 0.00%
31-Mar-2016 19-Aug-2015 30-Jun-2015 1 240,072 41,072 31,296 31,296 - 139,320 - % 13.04% 22.46% 516,000 46.53 46.53 6.08 6.08 0.00 0.00 0.2700 0.27   -20.07%   -22.36% 30-Jun-2015 1.46 3.14 24.07 5.41 4.15% 0.00% 19-Aug-2015 1.16 2.49 19.13 4.30 5.23% 0.00%
31-Mar-2015 21-May-2015 31-Mar-2015 4 277,875 52,167 39,155 39,155 - 129,000 - % 14.09% 30.35% 516,000 53.85 53.85 7.59 7.59 0.00 0.00 0.2500 0.25   -5.61%   26.24% 31-Mar-2015 1.48 2.75 19.50 5.92 5.13% 0.00% 21-May-2015 1.48 2.75 19.50 5.92 5.13% 0.00%
31-Mar-2015 25-Feb-2015 31-Dec-2014 3 277,544 55,788 41,484 41,484 - 123,839 - % 14.95% 33.50% 516,000 53.79 53.79 12.52 12.52 0.00 0.00 0.2400 0.24   -3.40%   49.76% 31-Dec-2014 1.45 2.70 18.04 6.04 5.54% 0.00% 25-Feb-2015 1.50 2.79 18.66 6.25 5.36% 0.00%
31-Mar-2015 18-Nov-2014 30-Sep-2014 2 284,056 58,406 42,944 42,944 - 116,099 - % 15.12% 36.99% 258,000 110.10 55.05 16.64 8.32 0.00 0.00 0.4500 0.22   6.54%   59.19% 30-Sep-2014 3.56 3.23 21.39 7.91 4.68% 0.00% 18-Nov-2014 1.63 1.48 9.79 3.62 10.21% 0.00%
31-Mar-2015 19-Aug-2014 30-Jun-2014 1 296,568 54,876 40,308 40,308 - 116,099 - % 13.59% 34.72% 258,000 114.95 57.47 15.64 7.81 0.00 0.00 0.4500 0.22   29.96%   58.99% 30-Jun-2014 2.99 2.60 19.14 6.64 5.23% 0.00% 19-Aug-2014 3.35 2.91 21.44 7.44 4.66% 0.00%
31-Mar-2014 21-May-2014 31-Mar-2014 4 242,020 38,180 31,016 31,016 7,740 105,779 24.95% 12.82% 29.32% 258,000 93.81 46.90 12.02 6.01 3.00 1.50 0.4100 0.20   11.97%   30.68% 31-Mar-2014 2.95 3.14 24.54 7.20 4.08% 1.02% 21-May-2014 3.00 3.20 24.95 7.32 4.01% 1.00%
31-Mar-2014 19-Feb-2014 31-Dec-2013 3 221,974 37,310 27,700 27,700 - 92,880 - % 12.48% 29.82% 258,000 86.04 43.02 10.73 5.37 0.00 0.00 0.3600 0.18   2.68%   8.78% 31-Dec-2013 2.60 3.02 24.22 7.22 4.13% 0.00% 19-Feb-2014 2.80 3.25 26.08 7.78 3.83% 0.00%
31-Mar-2014 25-Nov-2013 30-Sep-2013 2 213,648 36,334 26,976 26,976 - 85,140 - % 12.63% 31.68% 258,000 82.81 41.40 10.46 5.23 0.00 0.00 0.3300 0.17   6.41%   26.36% 30-Sep-2013 1.76 2.13 16.83 5.33 5.94% 0.00% 25-Nov-2013 2.40 2.90 22.95 7.27 4.36% 0.00%
31-Mar-2014 20-Aug-2013 30-Jun-2013 1 206,120 34,084 25,352 25,352 - 85,140 - % 12.30% 29.78% 258,000 79.89 39.95 9.84 4.91 0.00 0.00 0.3300 0.17   6.81%   - % 28-Jun-2013 1.39 1.74 14.15 4.21 7.07% 0.00% 20-Aug-2013 1.75 2.19 17.81 5.30 5.62% 0.00%
31-Mar-2013 29-May-2013 31-Mar-2013 4 165,834 30,193 23,735 23,735 5,160 79,980 21.74% 14.31% 29.68% 258,000 64.28 32.14 9.20 4.60 2.00 1.00 0.3100 0.16   -6.79%   - % 29-Mar-2013 0.995 1.55 10.82 3.21 9.25% 2.01% 29-May-2013 1.40 2.18 15.22 4.52 6.57% 1.43%
31-Mar-2013 19-Mar-2013 31-Jan-2013 3 196,921 33,874 25,464 25,464 - 72,240 - % 12.93% 35.25% 258,000 76.33 38.16 9.87 4.93 0.00 0.00 0.2800 0.14   19.28%   51.64% 31-Jan-2013 0.945 1.24 9.57 3.38 10.44% 0.00% 19-Mar-2013 1.01 1.32 10.23 3.61 9.77% 0.00%
30-Apr-2013 14-Dec-2012 31-Oct-2012 2 174,500 29,028 21,348 21,348 - 69,660 - % 12.23% 30.65% 258,000 67.64 33.82 8.28 4.14 0.00 0.00 0.2700 0.14   -1.77%   55.71% 31-Oct-2012 0.88 1.30 10.64 3.26 9.40% 0.00% 14-Dec-2012 0.87 1.29 10.51 3.22 9.51% 0.00%
30-Apr-2013 13-Sep-2012 31-Jul-2012 1 168,188 29,412 21,732 21,732 - 64,500 - % 12.92% 33.69% 258,000 65.19 32.59 8.44 4.21 0.00 0.00 0.2500 0.12   - %   49.83% 31-Jul-2012 0.77 1.18 9.14 3.08 10.94% 0.00% 13-Sep-2012 0.83 1.27 9.85 3.32 10.15% 0.00%
31-Mar-2013 30-Jun-2012 1 - - - - - - - % - % - % 258,000 - - - - - - - -   - %   - % 29-Jun-2012 0.78 0.00 0.00 0.00 0.00% 0.00% 0.00 0.00 0.00 0.00 0.00% 0.00%
30-Apr-2012 28-Jun-2012 30-Apr-2012 4 149,657 22,237 19,277 19,277 7,095 59,340 36.81% 12.88% 32.49% 258,000 58.01 29.00 7.47 3.74 2.75 1.38 0.2300 0.12   - %   0.23% 30-Apr-2012 0.765 1.32 10.24 3.33 9.77% 3.59% 28-Jun-2012 0.77 1.33 10.31 3.35 9.70% 3.57%
31-Mar-2012 31-Mar-2012 4 - - - - - 59,340 - % - % - % 258,000 - - - - - - 0.2300 0.12   - %   - % 30-Mar-2012 0.795 0.00 0.00 3.46 0.00% 0.00% 0.00 0.00 0.00 0.00 0.00% 0.00%
30-Apr-2012 22-Mar-2012 31-Jan-2012 159,811 22,299 16,792 16,792 - 51,600 - % 10.51% 32.54% 258,000 61.94 30.97 6.51 3.25 0.00 0.00 0.2000 0.10   22.48%   -18.48% 31-Jan-2012 0.80 1.29 12.29 4.00 8.14% 0.00% 22-Mar-2012 0.80 1.29 12.29 4.00 8.14% 0.00%
30-Apr-2012 16-Dec-2011 31-Oct-2011 2 143,436 18,936 14,446 13,710 6,120 44,067 44.64% 10.07% 31.11% 244,821 58.59 27.80 5.60 2.66 2.50 1.19 0.1800 0.09   -5.47%   - % 31-Oct-2011 0.655 1.12 11.70 3.64 8.55% 3.82% 16-Dec-2011 0.845 1.44 15.09 4.69 6.63% 2.96%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.


NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ Δ & YoY Δ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.


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  5 people like this.
 
Kawan88 suspended for tmr.. time to gogogo
02/12/2020 10:09 PM
Shadow Fiend Good or Bad announcement? XD
02/12/2020 11:06 PM
DJThong 1.20 by year end minimum
03/12/2020 3:12 PM
Kawan88 limit up tomorrow....
03/12/2020 4:20 PM
thebline The Board of Directors of Boilermech (“Board”) wishes to announce that the Board has today received a notice of conditional mandatory take-over offer (“Notice”) from UOBKH on behalf of the Offeror, a wholly owned-subsidiary of QL Resources Berhad, to acquire all the remaining ordinary shares in Boilermech not already held by the Offeror (“Offer Shares”) for a cash offer price of RM0.95 per Offer Share (“Offer”).

Pursuant to Paragraph 3.06 of the Rules on Take-overs, Mergers and Compulsory Acquisitions, an independent adviser will be appointed by the Board in due course to provide comments, opinions, information and recommendation on the Offer to the non-interested directors and holders of the Offer Shares.

A copy of the Notice is attached herewith and will be posted to the holders of the Offer Shares within 7 days from the date of this Announcement.

This announcement is dated 3 December 2020.
03/12/2020 7:18 PM
Shadow Fiend Ain't gonna accept the take over since the company prospect is bright with green energy, at the price of RM0.95/share, it is not attractive to minority shareholders as the net cash in the company already worth RM0.14/share.

So using price of RM0.81/share to take over, the offeror is in an advantage to buy a bright prospect business which able to generate income of RM30m - RM50m annually with merely RM418m that translated P/E of 8.3 - 13.9 which hasn't include contribution from the recent acquired solar energy yet.

Offeror is smart to take over now driven by recently high CPO prices, worldwide inclination for green energy leading by US, largest biomass boiler manufacturer in South East Asia, recent high CAPEX of RM21.1m in Indonesia for expansion in FY2020 as compared to annual CAPEX of RM1.0m - RM2.0m.
03/12/2020 9:59 PM
yangxi what happen if i no selling ... keep holding?
04/12/2020 7:41 AM
Shadow Fiend Since QL intends to maintain the listing of Boilerm, nothing will happen if you are not selling unless QL acquired > 75% of equity interest.
04/12/2020 8:58 AM
changyl First time encounter this, I will keep both Boilerm & QL.
04/12/2020 9:20 AM
Shadow Fiend Me too, first time.
04/12/2020 9:27 AM
Shadow Fiend Don't hesitate to consult your remisier as it's their scope of work, don't waste your brokerage fee for nothing =D
04/12/2020 10:04 AM
Angel of KLSE 大马股仙 I morning ask my remisier until now still no answer. My question: if offeror intends to maintain the listing of boilerm, why offer to buy all the remaining shares?
04/12/2020 4:44 PM
Angel of KLSE 大马股仙 Now price is above offer price, which stupid would accept the offer?
04/12/2020 4:49 PM
zen_2k @angel i think they are just adhering to the SOP of the Securities Commission. Own certain sum, must attempt to take over smtg liddat
04/12/2020 4:57 PM
stockraider This is the regulation mah...!!

If above hold 33% & less than 50% holding they must not buy more than 2% a year, if buy above that trigger GO for everyone loh...!!


Posted by Angel of KLSE 大马股仙 > Dec 4, 2020 4:44 PM | Report Abuse

I morning ask my remisier until now still no answer. My question: if offeror intends to maintain the listing of boilerm, why offer to buy all the remaining shares?
04/12/2020 5:01 PM
DannyArcher @stockraider

Just bursa SOP only because they bought the 4% from one of the main shareholders, thus it automatically triggers a "mandatory take-over offer" based on the existing law, QL already said they have no intention of delisting it and they simply give a figure of the last transaction price of 95 cent, which they have no intention of buying any from the open market.

Nothing changed, those that bought now hoping QL will offer higher price to mop up all the remaining shares don't understand the whole situation. QL is not buying all of the remaining share, not 1 unit more. QL is not delisting BM. QL is just buying up the 4% held by one of the directors or whomever he is. That's all.
04/12/2020 5:25 PM
stockraider What does this cpo price trend below tell U leh ??

Date Settlement Price RM
3 Dec 20 3332
2 Dec 20 3316
1 Dec 20 3347
30 Nov 20 3305
27 Nov 20 3338
26 Nov 20 3227
25 Nov 20 3285
24 Nov 20 3249
23 Nov 20 3326
20 Nov 20 3288

Ans; Rising CPO price and Rising Profit loh!!

Until Sept latest qtr result cpo average is roughly rm 2600 mah!!

December QTR we will be seeing conservatively Average Price Rm 3200, that is 23% increase in price n this increase revenue will all goes to the bottom line profit as there are no cost applicable to revenue generated from price increase loh...!!

Just imagine if Average palm oil price is Rm 2800, U already see super strong profit loh!! But now we are at above 3500 loh...!!

Can U forecast & project what will palmoil company potential profit at rm 3500 cpo leh ?
05/12/2020 12:34 PM
stockraider That means the upside of palmoil above Rm 3500 is still sustainable going fwd loh!!


"Soya Bean Oil {SBO} price premium over CPO currently stand at USD 195 per tonne. Consumers in India, Pakistan and other sub continents are price sensitive."!
05/12/2020 3:57 PM
xjteh After overshooting the TP: 0.965, finally it started to retreat. Still it is a good buy. But, wait patiently for 2 buy-in level: BY1: 0.905, BY2: 0.845.
08/12/2020 4:57 PM
xjteh Angel of KLSE 大马股仙 Now price is above offer price, which stupid would accept the offer?
Angel: your question is answered as above. With price moves lower, u will accept the offer:)
08/12/2020 5:01 PM
Dartmaster best company ever . company of the future get on the ⛵
10/12/2020 2:39 PM
Axelrod This is silent solar player with QL as big boss, later dont miss it like solarvest or samaiden. TQ
10/12/2020 2:43 PM
Dartmaster green energy . reduce pollution solar what else can you ask
10/12/2020 2:43 PM
Shadow Fiend share price is in the path of reflecting its value, how high can it go?
10/12/2020 3:44 PM
OrlandoOilSemiconT Current price too high

No one wil sell to QL

Without QL holding a bigger stake can't enjoy d goodness tat QLcan bring

Wil remain same old lousy co
17/12/2020 10:16 AM
60108599233_Jack BOILERM :
- Entry: <1.08
- Cut Loss: 1.03
- Risk: 4.63%
- MACD: 0.0058

TP Valid for Swing only:
- TP1: 1.12
- TP2: 1.16
17/12/2020 5:27 PM
Kang Yao why would they want to offer this when they can buy quitely on market? my guess is they just want to pull a break on the running share price. but after this, the price can continue its momentum.
18/12/2020 9:21 PM
Sinoboy Hmmm, can't sustain above rm1...
05/01/2021 7:32 PM
anicca Hi guys what will happen to this share after closing date of take over acceptance 14Jan2020 ? I did not accept the take over
11/01/2021 6:43 AM
Sinoboy I didn't either. How
11/01/2021 8:11 PM
damiel QL had launched the takeover on Dec 4, after it had entered into an unconditional share acquisition agreement with Leong Yew Cheong — Boilermech’s managing director — to buy 20.64 million shares, representing 4% equity interest for a total cash consideration of RM19.61 million or 95 sen per share.
13/01/2021 11:43 AM
damiel QL said the offer was deemed as a technical general take-over offer, and that it intended to maintain the listing status of Boilermech.QL currently controls a 48.41% stake or 249.79 million shares in Boilermech.
13/01/2021 11:43 AM
trend_first Can we still sell the shares in bursa after the take over? I thought after the take over, Boilermech Bhd will be delisted.
15/01/2021 5:15 PM
anicca yes i also wonder what will happen after closing date (been extended 2weeks)?? will Boilerm shares still tradeable as usual?
15/01/2021 7:04 PM
Sinoboy Apparently, ql resources will maintain listing of boilermech after take over. Better to confirm with broker or remisier
16/01/2021 12:26 AM
trend_first Check bursa announcement on 4th Dec by the independant adviser to s/holders, confirm the listing status will be maintained. They also advise s/holders to reject the offeror RM0.95 offer price as the price is not fair and not reasonable.
16/01/2021 2:23 PM
trend_first Extracted from the bursa announcement:

Based on the above, we are of the view that the Offer for the Offer Shares
is NOT REASONABLE as Holders who do not wish to accept the Offer
would have the following options:
(i) to continue to hold on to their Boilermech Shares as QL Resources
Board envisages that the biomass and solar energy sector will
provide a strong growth impetus to Boilermech Group due to the
rising demand as the preferred renewable energy sources as
stated in the rationale and the Offeror’s future plans for Boilermech
Group as stated in Sections 3 and 8 of the Offer Document
respectively; or
(ii) to trade or sell their Boilermech Shares in the open market if the
market price is higher than the Offer Price as the trading of
Boilermech Shares is liquid.
16/01/2021 2:27 PM
27/01/2021 10:18 AM
emo 02-Feb-2021 CHIA SONG KUN Acquired boilerm 89,300 shares
04/02/2021 5:24 PM
OrlandoOilSemiconT Now a sub of QL d

Got future
04/02/2021 6:15 PM
BigPortfolio Just hold on tight guys. dont sell it because of peanut profit. Tickets left in the market is very little only.. dont simply throw ya.
16/02/2021 9:43 AM
Kang Yao they already get over 50%. just wait and see how much revenue Indonesia plant gonna bring.

RUPIAH is going strong right?
16/02/2021 2:50 PM
BigPortfolio the good thing is this counter will remain its listing. Rupiah is trending up now.
16/02/2021 3:39 PM
BigPortfolio Sailang! Hold tight tight for future huge potential.
16/02/2021 4:10 PM
Sinoboy May reach 1.50 by year end hopefully
16/02/2021 9:20 PM
BigPortfolio sinoboy = no need year end
17/02/2021 1:16 AM
BigPortfolio A very good company that worth for real investment. Continue to collect when low.
24/02/2021 5:19 PM
Activetrader Very good improvement on revenue and earning. More to come.
24/02/2021 7:18 PM
happycool but why the price drop ?
25/02/2021 2:09 PM
steady31 IB recommend sell giving a target price of 0.69 on purpose bc they want to collect cheap knowing the QL group is willing to buy 0.95under a general offer. This stock may be the cheapest solar EPCC player in KLSE and now majority controlled by QL is definitely going higher. Its share price bucked today's poor market sentiment is telling.
02/03/2021 6:35 PM