THE INVESTMENT APPROACH OF CALVIN TAN

NOTION VTEC VERSUS MI TECHNOVATION VERSUS YTL, Compare & Contrast, Calvin Tan

calvintaneng
Publish date: Tue, 21 May 2024, 07:08 AM
calvintaneng
0 1,826
Hi Guys,

I have An Investment Approach I which I would like to all.

Dear friends of i3 Forum


NOTION has just reported its latest earnings and it has emerged as a "Fast Growth Stock"


To see how fast is its growth we do a comparison with MI Tech & YTL


See


1. NOTION (refer bursa)

SUMMARY OF KEY FINANCIAL INFORMATION

31 Mar 2024

INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR

CORRESPONDING

QUARTER

CURRENT YEAR TO DATE
PRECEDING YEAR

CORRESPONDING

PERIOD

31 Mar 2024
31 Mar 2023
31 Mar 2024
31 Mar 2023
$$'000
$$'000
$$'000
$$'000
1
Revenue
111,596
84,692
205,388
168,042
2
Profit/(loss) before tax
17,773
-6,766
30,867
-7,215
3
Profit/(loss) for the period
14,035
-7,765
22,059
-11,423
4
Profit/(loss) attributable to ordinary equity holders of the parent
14,035
-7,765
22,059
-11,423
5
Basic earnings/(loss) per share (Subunit)
2.72
-1.51
4.27
-2.22
6
Proposed/Declared dividend per share (Subunit)
1.00
0.00
1.00
0.00
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.7802
0.7387


YoY Notion turned from -1.51 to a positive 2.72 sen profit


At 2.72 sen forward 4 qtrs

= 2.72 x 4

= 10.88 sen

At closing price of Rm1.00

P/E is Rm1.00/ 10.88

= 9.19 P/E

which means it will only take 9.19 years to double your investments


A Tech stock usually got P/E of 30 to 60. So NOTION has more room to go up



2. YTL


SUMMARY OF KEY FINANCIAL INFORMATION

31 Dec 2023


5.37 profit sen this qtr

Annualised 5.37 X4

= 21.48 sen

At Rm3.81

YTL has a forward P/E of 17.7

which means it will take 17.7 years to double your investments.


3. MI TECHNOVATION

SUMMARY OF KEY FINANCIAL INFORMATION

31 Mar 2024

INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR

CORRESPONDING

QUARTER

CURRENT YEAR TO DATE
PRECEDING YEAR

CORRESPONDING

PERIOD

31 Mar 2024
31 Mar 2023
31 Mar 2024
31 Mar 2023
$$'000
$$'000
$$'000
$$'000
1
Revenue
107,125
76,846
107,125
76,846
2
Profit/(loss) before tax
30,772
6,680
30,772
6,680
3
Profit/(loss) for the period
26,341
5,349
26,341
5,349
4
Profit/(loss) attributable to ordinary equity holders of the parent
26,794
6,397
26,794
6,397
5
Basic earnings/(loss) per share (Subunit)
3.00
0.71
3.00
0.71
6
Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7

Net assets per share attributable to ordinary equity holders of the parent ($$)
1.2100
1.2000

MI earned 3 sen this Qtr
Annualised 3 sen x 4
= 12 sen
At Rm2.38
MI has a P/E of 19.83
So it will take 19.83 years to double your money

By this comparison we can see that NOTION is selling at half the value of MI

Warm Regards

Calvin Tan

Please buy or sell after doing your own due diligence or consult your Remisier/ Fund Manager
More articles on THE INVESTMENT APPROACH OF CALVIN TAN
Discussions
Be the first to like this. Showing 3 of 3 comments

calvintaneng

NOTION VTEC: 4 ENGINES OF GROWTH FIRING UP IN UNISON: HDD (Hard Disk Drive), DIGITAL CAMERA, EMS, PPE N95 FACE MASKS, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-05-20-story-h-161551412-NOTION_VTEC_4_ENGINES_OF_GROWTH_FIRING_UP_IN_UNISON_HDD_Hard_Disk_Drive

1 month ago

calvintaneng

Outlook:
Demand for large capacity HDDs mainly for cloud and enterprise computing and increasingly for Artificial Intelligence (AI) machine learning
data storage has seen a resurgence of demand and orders as we serve that space diligently. We have established long-term relationships with
these major HDD makers and the commitment for long-term supply is of paramount importance. We will grow in line with the industry growth
pattern

1 month ago

calvintaneng

THERE ARE MORE THAN 10,000 DATA CENTERS IN THE WORLD & ONLY 3 HDD MANUFACTUERERS, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-05-25-story-h-160749967-THERE_ARE_MORE_THAN_10_000_DATA_CENTERS_IN_THE_WORLD_ONLY_3_HDD_MANUFAC


calvintaneng

53,609 posts

Posted by calvintaneng > 3 minutes ago | Report Abuse

SEE MALAYSIA MENTIONED IN DATA CENTER NEWS

https://www.datacenterdynamics.com/en/news/

only Seagate, Western Digital & Toshiba supply HDD to all these thousands of DATA Centers Worldwide

JCY
NOTION
DUFU

WILL BENEFIT TREMENDOUSLY

FROM NOW TILL REST OF THE DECADE THE HOTTEST THEME IS AI AND DATA CENTERS

3 weeks ago

Post a Comment