before of last qr release in Nov, also sell down the price. look like the similar pattern this time as well. good luck ..

only the qr can decide its price to go north or south.

retailers scared of interest hike in US and taking profits. what so concern? haha

my two cents talk, coming qr usually weaker example last year only earn 16c.
but I guess coming qr will be more then 16c compare to the preceding quarter.

wait for qr. steady lah.

automotive chips and electronic parts are demanding.

mpi partial of profit also driven automotive now, they plan to increase this portion to further 50% of revenue.

Malaysian Pacific Industries - On the Hunt
Author: sectoranalyst | Publish date: Fri, 27 Jan 2017, 09:49 AM

MPI held its quarterly results briefing. Its strong performance in 2QFY17 was driven by better underlying sales, the weak ringgit and lower costs. The mobile segment remains challenging, but some business is coming back from Chinese smartphone manufacturers. Its primary focus is still on automotive, where it is in contention for more product wins in coming quarters. Its eventual aim is to grow automotive contributions to 50% of revenue. Supported by its net cash pile (RM387.0mn), management is on the lookout for potential acquisitions. This is likely to be automotive centric with potential synergistic benefits. Maintain BUY on MPI with a TP of RM9.40/share.

More Details on 2QFY17 Results

The group reported a strong 2QFY17, with revenue and net profit jumping 12.1% QoQ and 38.4% QoQ. Results were driven by better USD sales ( 5% QoQ), a weaker ringgit (USD/MYR rate: 6.7% QoQ) and lower costs. Broad based strength was seen across segments, with consumers/communications and automotive growing by an estimated 17.9% QoQ and 12.1% QoQ. The overall market for mobile remains challenging. But there are pockets of opportunities, with increased business seen from Chinese smartphone manufacturers. No guidance was provided for the coming quarter, but we do expect some seasonal softness in line with CNY celebrations.

Automotive is Primary Focus

Showing results, its automotive segment is gaining traction. Among products currently produced include tyre pressure monitors, proximity sensors and airbags. As proof of trust, it is currently the single source of airbags for one of its customer. We understand there are a lot of interest from potential customers, with it being in contention for more product wins in coming quarters. Eventually, aims are to grow automotive contributions to 50% of its total revenue (2QFY17: 24%). We are positive on its exposure to the automotive sector, due to its high barriers of entry and stable recurring income.

On the Hunt

Net cash grew to RM387.0mn ( 15.5% QoQ) in 2QFY17. Management remains on the lookout for potential acquisitions. Acquisitions will likely be automotive centric. Targets are expected to be synergistic, potentially improving areas such as packaging technology, materials, machines and/or efficiency. With nothing concrete, targets are estimated to be within the US$25.0-35.0mn range. Meanwhile, implying a pickup in capex (1HFY17: RM40.0mn) towards the second half, capex is guided to be at similar levels to FY16 (RM125.1mn).

Valuation

We leave our earnings unchanged at this moment, but do not discount potential upsides if the ringgit remains at current levels. Our TP for MPI remains at RM9.40/share – based on an EV/EBITDA multiple of 3.5x and CY17 EBITDA. Key buying points are: 1) Exposure to fast growing automotive segment; 2) Beneficiary of weak ringgit and 3) Strong balance sheet may result in potential acquisition activities and/or increased dividends. BUY

Source: TA Research - 27 Jan 2017

price is double already from 6months ago, watch out for price correction soon.

not on the chart.

Haven or hell is on the qr.

https://m.facebook.com/rhresearch/photos/a.1200196869991930.1073741828.1200094743335476/1443415425670072/?type=3

93-94 last Dec, now is 87.

tin price lower.

Wow

The demerger of the umw and umwog ; pity to umwog.

My two cents view, this counter should cut loss when it drops below 80. I don't own this share, because oil and gas is still very uncertainty.

expensive lesson to those who put their money in and importent example for everyone. Only invest your money to those approved investment fund house by Security Commission Malaysia and bank negara Malaysia.

Not yet die lah, the qr will release in Feb. You either cry or laugh loudly loh.

price will stay below 70cents before qr release.

Tuesday already tell. see above

haha

angpou

angpou

angpou

Two words, buy more.

buy

Buy.

One word, buy.

believe or not, is your choice because it is your money. anyway, there are also other good counter always.
til now, I own some share of it.

Kesm
2017-is the performance efficiency year. If he continues improve on efficiency, the results will be very good again.
2017-estimation below.
R300m(up5.3%),If ROR up 0-20% to 11.2-13.5%, Earn become 33.6-40m. Eps is 78-93cents.
History growth back ground below:
2016-
R285m(up7.9%), E32m(up45%), ROR11.2%(up45%)
2015-
R264m(up2.3%), E22m(up100%), ROR 8.3%(up100%)
2014-
R258m, E10.8m, ROR 4.2%

optimus, good pick.

finally 10 above. congrats to all Kesm holder s.

the ROR are 10.5-12.5%, the higher revenue will lead to ROR higher, conservative count on the for 300-310mil revenue, time 11.5% of ROR, 34.5-35.7mil, Eps are 80-83cents for this year.

CEO is very confident.

http://english.astroawani.com/business-news/kesm-confident-better-showing-fy17-revenue-may-surpass-rm300-million-127869

TO Mr Tan KW,
since the contest were closed or soon. Can you help to sort out the top 10 favourable stock pick from our participants. ? this is very interesting to know.

support at 60cents from technical chart, worth only 60cents or lower actually base on last qr. if you look at the growth of debt and reduce of profit, it actually already making negative 3 million. coming qr if no improvement, mire drop to come.

buy more before it delisted soon. good luck guys :(

simple talk accord to my view, shaking to South. weak rebound, long term still in down trend. unless next week more green happen.

Go to genting and you get 50% chance. This counter, your chance is much lessor to win unless you have insider. Good luck.

still thinking this counter got hope?

good result, debt reduce and cash increase.

from 0.04 to 0.08 still have 100% gain, good luck.

pity again.

daily basis technical chart might start the short term rebound if tomorrow is green. weekly basis chart still showing the down trend, cautious for long term.
technical chart is just a guide on the price moving trend, to up or down by the human emotional reaction. for long term, it will go back to it fundamental factor.

if tomorrow is green again, the reversal trend could be high possibility confirm. just a few cent thought.

cautious, 60cents to come, the rebound might be fake.

One the demand and pv price recover can change this counter from down trend.

Pity.