Something good is coming... stay tuned. *wink wink nudge nudge*

From Nomura

Current order book stands at ~MYR100mn
UWC hosted an earnings call today for 1QFY21 results. Revenue of MYR71.5mn was up
52% y-y and 16% q-q due to strong demand in the semiconductor segment and
expansion in the life science segment. Higher revenue, cost efficiencies and better
product mix helped core profit rise 94% y-y and 16% q-q to MYR21.7mn. Management
highlighted that its current order book stands at ~MYR100mn (~MYR70mn last quarter).

New product launches and capacity expansion on track to handle strong demand
Management ordered 50 CNC (computer numerical control) machines, which are
expected to arrive by 1QCY21. Its cleanroom facility, to be used for front-end
semiconductor equipment assembly, will be completed by Jan-2021. To accommodate
these, the company has converted 20-25k sqft of new production space in its current
facility while leasing another 2 acres near the factory to build ~60k sqft production space
(to be ready by mid-2021). This increase in capacity is intended to support growth under
its revenue run-rate given its record high order book of MYR100mn. On the
semiconductor segment, UWC will start supplying autonomous vehicle chip testers in
1QCY21, while it is also developing a new manipulator model with its existing customer. It
has also developed new 5G radio frequency testers, currently being qualified at the
customer’s site. As for the front-end semiconductor segment, management expects
revenue to pick up (8% of 1QFY21 revenue) upon completion of its cleanroom facility. It is
also looking to venture into DRAM testers by engaging with potential customers. In life
science segment, the group has secured orders on COVID-19 testers and is now working
on the assembly of DNA analyzer with one of its customers. 1QFY21 effective tax rate
was 24%. Management believes there is room for a <20% tax rate as the company is
applying for tax incentives for some of its products. Overall, given the strong order book,
demand outlook and capacity growth, we raise FY21F-22F EPS by 17% each.

Upgrade to Buy with TP raised 50% to MYR10 (26% upside)
In addition to EPS revision, we also raise the target CY2021F P/E to 45x (35x earlier) to
factor in UWC’s strong growth outlook with EPS CAGR of ~44% for FY20-23F. With an
upside of 26%, we upgrade the stock to Buy (from Neutral). It currently trades at 36x
CY2021F P/E. Key risks include prolonged impact of COVID-19 outbreak, change in USChina trade relations, slowdown in key customers’ business, and competition.

imagine the TP is revised upward post the recent QR....should make it fly.

sten_still disappointed. no dividen

not yet....*wink wink*

sleepy

yesterday, my ancestor spoke to me in my dream. He said Vivocom will hit RM1.50 this week.

never say never...

result should be today

Maybe the result is bom pi pi?

hoot-9-e hoot-9-e hoot-9-e hoot-9-e hoot-9-e hoot-9-e hoot-9-e hoot-9-e

hoot-9-e hoot-9-e hoot-9-e hoot-9-e hoot-9-e hoot-9-e hoot-9-e hoot-9-e hoot-9-e hoot-9-e hoot-9-e

A moment of silence for the fallen brothers and sisters of vivoCON...

can the company surpass the previous quarter earnings?

closing 2.80?? Then 3 ish tomorrow? Then 4.1??

sellers so desperate to stop it from flying....but

crazy though...look at the q. no sellers.. what are they holding on for?

ask ding dong huat la....

not. sure. probably fantastic QR?

CEO pun tak takut, kita takut apa...

toot toot toot...your captain's speaking here.
Get ready to aboard the ship. I repeat. Get ready to aboard the ship.

you could be happier....

Bullrun18 Reach my TP sold all @ 2.80 & @ 2.81 see you again .....

Sayonara. As long as you are happy.

dingdonghuat still early..dont worry...contract stated RM 4.10

shhh.....dont la say first...let us collect la.

Sudah 2.7

dingdonghuat
berserah kepada tuhan je...boleh kot..

It won't be a slow ride. Just wait and see.

last call....let's board the ship.

kolek kolek kolek...jangan takut. management ada beli ma..

Happy Diwali...have a nice weekend.

false alarm.

Operation by Q2 2021. It's stated in the document. Obviously people don't read.

sure. when you are the centre of the universe...

rogers123 Privatise? Impossible!

Nothing is impossible...krik krik.

i heard got some appetizer coming soon....but main dish might take a little longer.

krik krik krik...

aneh, roti canai 1.1 please...

IronShirt kps and Jaks ramped up the same time. I think Jaks still got legs to climb further. My bet is still
Jaks

Carefuly not to bet the wrong horse twice...

on an unrelated note, anyone watched this movie before?

https://www.rottentomatoes.com/m/saving_private_ryan

Awang87 Plaza isn't the catalyst, it is the stuff that COCKQUEEN mentions, that is the catalyst.

krik krik...

CK101 Does it have any relevance to KPS? Nothing was mentioned in that article.

god knows.

yea right... so many fundamental investors here...give me a break.

can it break 85sen?? ;-)

SMAX888 dear queen, the question is what spur the buying interest....

krik krik krik...

chkhooju Disposed another ten lots at 84¢.

good good. well done.

chkhooju Tomorrow, if goes up another two cents will unload more.

SELL!!!!!!

wonderboy99 KPS seems holding well despite red sea today in KLCI

I wonder why the case is such....

this is not the 2nd wave. this is the final wave.

SMAX888 1 word : Thursday (noon)

Krik krik krik...shhhh

the time has come....ini kali lah

Awang87 If you guys are talking about privatization stuffs, SC is watching here, please be careful.

what have you heard? mind to share?