any reason why pick up on sam?

any reason why pick up on sam?

any reason why pick up on sam?

Any reason why pick up sam?

Gold price continue to climb... its a safe heaven for all during bad time.. seat tight.. Bahvest is coming strong

When gold hit UsD1500.. profit margin will be double for bahvest ! Golden years for bahvest 2019

Any idea what is the ESOS pricing ..?

Should not less than 30Kg for month of OCT

Attached is the Very Long Term Funds Flow of SAM Engineering and Equipment Bhd that is listed in the KLSE (KLSE: 9822). During the period of consolidation in the green boxed region, smart money funds flow kept flooding into this company's equities. This eventually brewed for a multi-bagger upmove in prices (See FFA and Technical Chart illustrated). Currently, SAM Engineering and Equipment Bhd is forming an Inverse Shoulder-Head-Shoulder price structure which is bullish in price action for re-accumulation. This is achieved under strong funds flow as backing. There is very high probability it will continue its uptrend for sustained all time highs never seen before. Next target: $11.00 based on inverse SHS projection up.

Month of oct should be more than 30kg...

I think the upload previous report

https://www.sam-malaysia.com/wp-content/uploads/2018/10/Company-Presentation-3-Oct-2018.pdf

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SAM (9822)
From a daily chart, we can see that SAM broke out from it’s all time high at RM8.22. At the same time, it broke out from a Rounding Bottom pattern. Volume of the breakout is significantly higher. Price is above upward sloping 50-day EMA and RSI (21) is above 50%. First target is at RM9.47, half of the Rounding Bottom formation height and also 100% Fibonacci Extension. Second target is the full formation height at RM10.72 and 161.8% Fibonacci Extension at RM10.78.

From a weekly chart, we can see that there is a symmetrical triangle forming from December 2016 to July 2018. With two highs that touches the downward sloping resistance line and two lows touching the upward sloping support line. It pulled back to the 50 week EMA before breaking out from the symmetrical triangle. Target price for the symmetrical triangle is at RM11.52, near to the 200% Fibonacci Extension RM11.59. However, this is a long term target price.

Current Price: RM8.26
Target Price: RM9.47, then RM10.72-RM10.78, then RM11.52-11.59.
Stop Loss: if price closes below RM7.98, below psychological support and below the low of breakout candle.

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Disclaimer:
This is not a buy or sell recommendation but for educational purposes only. Proper due diligence and risk management is required before taking a trade. The writer will not responsible for any gain/loss resulting from the information provided herein.

If today can maintain above 8.20 good enough...

preparing for share enlargement via bonus or split

New factory already start contributing..more to come coming Q.. you can see their trade receivable start pilling up

FC just resign...

proven business with ready facility to produce. UMW just join the league..expected to contribute big in 2020 - 2021... so SAM should be leading...

https://www.thestar.com.my/business/business-news/2018/02/07/boeing-signs-nearly-us$1bil-services-deals-with-malaysia-and-others/

Sound interesting .. but how true?

how join?

Anyone have any news on this counter ?

Getting new tax exempted Credit ☺️

Introduction

SAM is 75% owned by Temasek and is principally involved in manufacturing of the following:
(a) Semiconductor related equipment; and
(b) Mechanical parts for Boeing and Airbus.

In the past two years (2015-2016), SAM secured new contracts from Boeing and Airbus, resulted in increase in order book to RM3.5 billion. To cater for the higher demand, SAM is investing RM100 mil in a new manufacturing plant in Penang, which is expected to start generating profit in 2018.

Financial Highlight

(a) The group performed well during the period from June 2015 until March 2016. However, from June 2016 onwards, earnings had weakened markedly due to followings: Thinning of margin (caused by weakening of USD?) and decline in revenue of aerospace and semiconductor equipment divisions (which accounted for the bulk of revenue);

(b) Apart from currency effect, one possible reason for decline in aerospace profitability was start up cost for the new Penang plant;

(c) Performance of Precision Engineering division was impressive. It commanded EBIT margin of more than 30% consistently;

(d) PBT staged a strong rebound in latest quarter (ended Dec 2016), back to the RM15 mil level seen in 2015.

Aerospace division continued to be weak (both in revenue as well as margin).

Equipment division surprised on the upside, delivering a robust margin of 14%. This single handedly pulled up entire group's performance. Management attributed that to better product mix.

Precision Engineering continued to shine, contributed more than 25% of EBIT based on less than 10% revenue.

(e) If not because of higher effective tax rate of 36%, latest quarter (ended Dec 2016) EPS would have come in very strong and caused a re-rating. It seemed that the group has exhausted its tax credit. But the RM100 mil capex should result in lower tax rate going forward.

(f) One of the most striking observations is how small the group's revenue base has been. For example, over past 12 months (Jan 2016 – Dec 2016), total revenue for aerospace division was only RM300 mil. What is the implication? The implication is that the RM3.5 billion order book should have a huge impact on prospective earnings.

The group has set a target of RM1 billion in revenue by 2019. The bulk of the increase will be from the aerospace division, the revenue of which is expected to increase from estimated RM300 mil in 2017 to RM800 mil by 2019. Observers expect 2018 aerospace revenue to be somewhere in between (probably RM500 to RM600 mil). That should result in a huge jump in earning by 2018.

100m factory just completed and fully operating FEB17... more to come

Dividend might be announce tomorrow after 5..anyone have internal news?

Learn how to read financial report. You will gain more money by doing so..

Trade receiveble increase... which is good... coming 3 quarter they should be very good

share split & bonus

steady steady building momentum for next level..

39.056*2.10=83.056m.. All converted .. Waiting for dividend :)

19 years records kossan never loss money.. Why worry?

Passion will be paid soon.. I remember when I bought Inari after GE13.. that time market was so bad.. I don't know why I keep accumulating Inari in which my cost is below RM0.40.. I sold all around RM3.00.. Saving me 20 years hard saving income.. !!! So be passion.. you will be rewarded..

Sure or not? How reliable ?

Sent me copy Mr OTB..MITSUBISHI.sabah@gmail.com

WHy never make money?

buying more.. :)

coming more.. hope can break RM1 today...

Hap seng up 30s...reach RM5 soon... Bornoil next..

6.7m wa converted to mother...again... more to come

Hap seng is good..more to come...cleaning balance sheet and restructuring ... super stock

Planning to sell their asset to REIT n give rewards to shareholder

0.24s out 24.5s @ 100,000 units

BUY CA for contra..make RM360 Kopi O money... :)

Another 12.8M wa converted...player getting less..

Enough la for this week...up almost 30s..what more you want?

Fund manager will not push warrant..as its at discount.. since they can convert into mother later part at cheaper cost.. :) so have to wait.. 2.50 not easy to move unless mother break 3

Slts since u not buying n you don't hv confident as all.. Might as well don't appear in this forum?

Inari help me grow my retirement fund 15 years earlier...I must thank Inari for this..so people pls have faith it this counter..well rewarded soon!!