Highlights
KLSE: FRONTKN (0128)       FRONTKEN CORP BHD MAIN : Technology
Last Price Today's Change   Day's Range   Trading Volume
0.64   +0.005 (0.79%)  0.575 - 0.64  18,642,600
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Price Target

Date Open Price Target Price Upside/Downside Price Call Source
08/11/2018 0.865 1.05 +0.185 (21.39%) BUY HLG
26/09/2018 0.92 1.05 +0.13 (14.13%) BUY HLG
08/08/2018 0.645 0.84 +0.195 (30.23%) BUY HLG
07/08/2018 0.605 0.84 +0.235 (38.84%) BUY HLG

View Price Target Detail
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  46 people like this.
 
*Sincere_Analyst*(The Best Analyst) Drop and drop more. This stock already finish la. Sell all la. Keep for what? Suffer loss ?
10/12/2018 17:58
warren buntut sorchai sincere Anal, even people sell now also higher then your sold price 0.6
10/12/2018 21:51
commonsense Not so sure why people are selling Frontken.

Revenue grew at an average of more than 10% since 2016 and still expect to grow in 2019.

Profit grew exponentially at a rate of 38% per year for the same period mainly attributed to the improvement of the average PAT margins from 10.4% in 2016 to this year's expected average of 16.3%. Just like revenue, profit is also expected to grow at a double digit growth rate in FY19.

Valuation wise, the company will be valued at 17.4x PE assuming a PATAMI of RM45mil in FY 18 (4Q18 PATAMI is expected to be in the range of RM 11-12 mil). If the profit managed to grow by another 20% in FY19 to reach a PATAMI of RM55mil, then the valuation will drop to only 14.3x PE which is not that expensive compared to the industry's average (but still a bit rich for my taste).

I can only assume that the current sell off is mainly attributed to the negative sentiment that investors have on the semicon & tech stocks at the moment. It is not due to the change of the company's fundamental (feel free to correct me on this).

For those investors that are looking to diversify outside of the semicon or tech industry ( due to the near term negative perception), i would recommend them to look at MBMR (https://klse.i3investor.com/servlets/stk/pt/5983.jsp).

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.0x PE (based on target FY18 PATAMI of RM145mil. 9m PATAMI is already RM106mil). PB is low at only 0.6x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17. And FY19 growth will be driven by the still high demand of new Myvi and the launch of the new SUV in 1Q19.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions.

I still think this company is a good buy for those looking to have an exposure to the Semicon industry mainly due to the lower valuation compared to its peers. Investors need to be ready to face the near term volatility at least until the 4Q18 result is out. Hopefully the company managed to deliver another stellar result which might help ease off some of the selling pressure.

Good luck
11/12/2018 04:35
warren buntut commonsense don't have common sense at all
12/12/2018 17:49
Depeche Interesting... the stock seems to be shorted and then covered in late trading. Tomorrow should pass 0.78 and head towards 0.80...let's see.
12/12/2018 21:08
ANALyst Yes
13/12/2018 17:40
bananakikiki YES. we can buy lower lo, so happy
14/12/2018 12:33
snapchat common sense, its all sentiments. good stocks will get sold down, like all boats are lifted by strong waves. once the waves retreat, all boats will follow the same
14/12/2018 17:11
snapchat 72c is the support, if its broken, get ready to see 60c
14/12/2018 17:12
upshare Ok.... good for 60 cents..
14/12/2018 17:23
*Sincere_Analyst*(The Best Analyst) Drop back to 20 cents.
14/12/2018 18:04
ANALyst Hope so hehe.
14/12/2018 18:13
ANALyst Best analyst sold at 0.6 and frontkn all the way to 1.0 . Don't call yourself best analyst lar. And your aem gonna sink to 0.05
14/12/2018 18:14
*Sincere_Analyst*(The Best Analyst) Already warn run while still can. Now break 70 sen haha !! Drop more
17/12/2018 10:37
ANALyst lol, 0.655 even higher then sorchai sincere analyst sold price at 0.5
17/12/2018 11:11
lostoverseas what is happening to this stock.... like a stone!!!
17/12/2018 11:45
apolloang from 12cts in 2016 pump up to almost 1.00.....another counter to beware
17/12/2018 11:47
apolloang not long 2 years ago in 2016 12cts got a lot also
17/12/2018 12:03
erichee Tks for selling :)
17/12/2018 12:22
pampers Eric Hee, r u working for frontkn? Your name is all over the frontken page, r u in their customer service dept?? Haha
17/12/2018 13:47
erichee Yes, I'm here to earned as much as possible.
17/12/2018 14:48
snapchat 50c coming
17/12/2018 15:22
Wuzy back to 40 cents
17/12/2018 16:01
*Sincere_Analyst*(The Best Analyst) Nice really nice. Chase high chase to holland now
17/12/2018 16:19
*Sincere_Analyst*(The Best Analyst) Drop back to 20 sen and cny you no money to celebrate !!!
17/12/2018 16:19
Yakok Yaya...tmr limit down
17/12/2018 16:46
Airline Bobby Pity those who bought at 0.9
17/12/2018 17:04
*Sincere_Analyst*(The Best Analyst) No need pity la. They proud to suffer loss. Warn them run and not to chase high, ppl scold me !!
17/12/2018 17:58
ANALyst lol, your aem also sink like mad ahahaha
17/12/2018 18:28
mando Will Frontken back to its original price....18sen ?
17/12/2018 20:54
trulyinvest Y not
17/12/2018 21:01
Airline Bobby I will buy at 18! XD
17/12/2018 23:42
18/12/2018 08:32
*Sincere_Analyst*(The Best Analyst) As expected !!!! Run !!!! Hahaha
18/12/2018 09:43
bananakikiki On quene 62 buy....
18/12/2018 11:10
bananakikiki WHy company no share buy back?
18/12/2018 11:11
ANALyst frontkn sink aemulus will follow too hahahaa sorchai... because market now is bad ... hahha damn sorchai sincere analyst. u r losing 20% in aemulus
18/12/2018 12:33
Simple man strong support at 0.6
18/12/2018 14:28
Yu_and_Mee Why drop to limit down? Any margin call for this counter? I wish it has soon. Please drop to below 0.40, 0.30 or 0.20.
18/12/2018 18:34
Veron_teo opps close green. sincere analyst where are you hahaha sorchai
18/12/2018 19:37
freddiehero weldone support
18/12/2018 20:13
freddiehero c can tahan how long
18/12/2018 20:14
freddiehero dj break 21k still under normal mode
18/12/2018 20:14
ming defend sipek kuat.. idss @ 0.63 luckily bought back 0.615 if not kena burn lagi
18/12/2018 21:31
freddiehero but it.look 0.20-0.40 better
18/12/2018 21:35
mando yess, next year can buy at 0.180, sure can match, just be patience.
18/12/2018 22:10
iswara sell to me 40 sen
18/12/2018 22:59
Veron_teo lol if go 0.4 I help u blow job
18/12/2018 23:06
blahbleh full of rubbish comments...one fella said drop till nobody business but closed at 0.64..0.18 cents la 0.40 cents la puih
18/12/2018 23:06
amet2017 I3 is like other social media platfomr. Full of RBA who works for syndicates, fund manager and IBs. They come in groups. Just spend some time and read the comments, you can spot the pattern
18/12/2018 23:42


 

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