Dear All Existing Investors and Potential Investors,

It is does not matter whether market analysts view the current Boilermech as big fish the big pond, small fish in the big or small fish in the big sea. The same approaches will be applied by the top management to run the day to day activity. Nothing much change but for sure the top management will continue deliever awesome rewards to you.  

Hereby, I copy paste my old write up which dated in September 1, 2014 for sharing purpose. Boilermech(0168) already transferred to Main Board so an updated write up with newer analysis method  & better coverage will be made in sooner.
Bridge to the old link: http://klse.i3investor.com/servlets/forum/901291335.jsp

This analysis shall cover Introduction, SWOT analysis, key facts, top management dirrection, hidden opportunities and conclusion. 

1) Introdution 
2) SWOT analysis 
3) Key facts 
4) Top management direction 
5) Hidden opportunities for long term investment 
6) Conculsion 

111111111111111 Introduction 1111111111111111 
BOILERMECH has been cited by Forbes Magazine as among the Asia's 200 Best Under A BILLION in 2012. It is today's Most Profitable stock under Malaysia ACE Market exchange(105 constituents dated 31/7/2014) with 1st quarter PBT of RM13.72m, 2nd-Redtone RM9.93m, 3rd-NEXGRAM-RM9.88 and 4th-ELSOFT-RM7.58m. BOILERMECH is principally involved in 1)Design, manufacture, installation and commissioning of biomass boilers ; 2) Turnkey supplier for power generation and heat-power integrated boiler ; 3)repair and refurbishment services as well as provision for biomass boiler. Today BOILERM has strong business involvement in palm oil mill, palm oil refinery, sugar industries, agricultural processing, food processing industries, manufacturing and renewable energy. Today they are the leading industry player with a impressive presence in Malaysia, Indonesia, Vietnam, Papa New Guinea and others. 
Boilermech Holdings was founded in September 2005 and headquartered in Subang Jaya, Malaysia. It is incorporated in April 2010 with IPO price of RM0.33/share. The stock stands out as one of the largest on the ACE Market with a market capitalisation of RM779.16 mil at the current market price of RM3. This is almost a seven-fold increase in value from the initial public offering price of 33 sen in just three years ago. The flip side of this success is that the stock is currently trading at a price earnings ratio of 24.96 times, which may be seen as pricey. In the last one year, the stock had traded to a low of RM1.35. 



222222222222222 SWOT Analysis 222222222222222 
{{Strength}] 
- Experienced management team 
- Strong balance sheet and healthy financial position 
- Established track record and reputation in marketplace locally and internationally 
- Patented technology(from QL NatureCo-Palm pellet)with strong indutry demand 

{{Weakness}} 
- Dependence on palm oil industry 
- Dependence on limited source of skill manpowers 
- Dependence on its Key Management; lack of succession plan 

{{Opportunities}} 
- Identified and establishing new markets for expansion like Papua New Guinea, Vietnam, Indonesia, Africa and new Asia rising star(Myanmar) 
- Diversified into non palm oil related industries 
- Increase contribution from repairs and refurbishment services 
- Benefit from Indonesia's rapid growth in palm oil & manufacturing industries 
- Potential to become the Independent Power Producers(IPPs) player 
- Benefit from East Malaysia, Sabah (POIC-palm oil industry cluster) and Sarawak under Economic Transformation Programe 
- Become the largest bio-mass boiler supplier in Southeast Asia 
- Become the largest waste-energy renewable solution supplier in Southeast Asia 

{{Threats}} 
- Comepetition, other smaller players looking to invade the marketplace 
- Slow down of palm oil industry since April 2014 
- Foreign exchange risk 
- Unanticipated costs overruns and project delays 


333333333333333 Key facts 333333333333333 
A) Top 10 Constituents (ACE market - Total 105 ;Net Mcap- RM 5,496m) 
`````Net Mcap - RM 171m/ RM 2,534m(top 10 weightage); weighted 3.11%/46.12%(top 10 weightage) 
B) Solid CAGR growth 
````` 61% for 5 years (2010-2014) 
C) Attractive double digits Profit Margin 
```2011/12- 12.6% 
```2012/13- 16.6% 
```2012/13- 12.2% 
```2013/14- 12.8 
```2014/15- 13.6