Growing & Fundamental

SifuTangmonk@ 自己看Profits 達到51%!

Tp should over 2-3

Finally 4:77

Needmoney @ you are right !

Experts on stocks
RM3.89
August 29, 2020

Facing the poor performance of some blue chip stocks, the trading trend of the FBM KLCI fell sharply, down 1.90% on a daily basis.

The FBM KLCI closed at 1525.21 on August 28, down 29.57 points or 1.90% on a daily basis.

行家论股
联合药业挑战RM3.89/敏源
2020年08月29日

面对部分蓝筹股项业绩表现不佳，富时隆综指的交投走势大幅下滑，按日下挫1.90%。

富时隆综指于8月28日闭市时以1525.21报收， 按日下挫29.57点或1.90%。

MyEG - Future Prospect Remains Intact
Date: 28/08/2020

Source : MIDF

KEY INVESTMENT HIGHLIGHTS

2QFY20 normalised earnings came in +8.3%yoy higher at RM63.0m, supported by all its business segments

Cumulative 1HFY20 financial performance came in within ours and consensus expectations

Timely introduction of new services to cater for the Covid-19 pandemic

Stable profit margin of approximately 50%

Remains one of the front runners for the NIIS project

Maintain BUY with a revised TP of RM1.58

In-line with expectation. MY E.G Services Bhd’s (MYEG) 2QFY20 normalised earnings came in at RM63.0m, an increase of +8.3%yoy. This was mainly attributable to: i) concession related services such as Immigration and JPJ related ancillary services; ii) commercial services such as motor vehicle trading related services, financing services, sale of tax monitoring system, foreign worker recruitment and placement related services iii) introduction of new services such as Covid-19 health screening as well as online sale of groceries thorough its “Nak Beli” online store; and iv) contribution from Cardbiz Group. Cumulatively, the group’s 1HFY20 financial performance of RM121.9m came in within ours and consensus expectations, accounting for 47.3% and 44.4% of full year FY20 earnings estimates respectively.

Impact to earnings. We are maintaining our earnings estimates at this juncture.

Target price. We are maintaining our target price of RM1.58. This is premised on FY21 EPS of 7.5sen, pegged to unchanged forward PER of 21x. Our target PER is the group’s three year historical average.

Maintain BUY. We expect the local business to remain resilient, in view of the good track record of providing the online services. Moving forward, we expect the group’s earnings growth will stem from the group’s effort to replicate its offerings in the region. The effort has started to bear fruit as seen in its latest progress in Indonesia and the Philippines. We believe the move would also help to reduce the group’s reliance on the local market. On another note, MYEG business model remains attractive which garner healthy profit margin of about 50%. In the immediate term, there would further upside should the group able to secure the National Integrated Immigration System (NIIS) project. All factors considered, we are maintaining our BUY recommendation on the stock

Source: MIDF Research - 28 Aug 2020

MyEG - Future Prospect Remains Intact
Date: 28/08/2020

Source : MIDF

KEY INVESTMENT HIGHLIGHTS

2QFY20 normalised earnings came in +8.3%yoy higher at RM63.0m, supported by all its business segments

Cumulative 1HFY20 financial performance came in within ours and consensus expectations

Timely introduction of new services to cater for the Covid-19 pandemic

Stable profit margin of approximately 50%

Remains one of the front runners for the NIIS project

Maintain BUY with a revised TP of RM1.58

In-line with expectation. MY E.G Services Bhd’s (MYEG) 2QFY20 normalised earnings came in at RM63.0m, an increase of +8.3%yoy. This was mainly attributable to: i) concession related services such as Immigration and JPJ related ancillary services; ii) commercial services such as motor vehicle trading related services, financing services, sale of tax monitoring system, foreign worker recruitment and placement related services iii) introduction of new services such as Covid-19 health screening as well as online sale of groceries thorough its “Nak Beli” online store; and iv) contribution from Cardbiz Group. Cumulatively, the group’s 1HFY20 financial performance of RM121.9m came in within ours and consensus expectations, accounting for 47.3% and 44.4% of full year FY20 earnings estimates respectively.

Impact to earnings. We are maintaining our earnings estimates at this juncture.

Target price. We are maintaining our target price of RM1.58. This is premised on FY21 EPS of 7.5sen, pegged to unchanged forward PER of 21x. Our target PER is the group’s three year historical average.

Maintain BUY. We expect the local business to remain resilient, in view of the good track record of providing the online services. Moving forward, we expect the group’s earnings growth will stem from the group’s effort to replicate its offerings in the region. The effort has started to bear fruit as seen in its latest progress in Indonesia and the Philippines. We believe the move would also help to reduce the group’s reliance on the local market. On another note, MYEG business model remains attractive which garner healthy profit margin of about 50%. In the immediate term, there would further upside should the group able to secure the National Integrated Immigration System (NIIS) project. All factors considered, we are maintaining our BUY recommendation on the stock

Source: MIDF Research - 28 Aug 2020

MyEG - Future Prospect Remains Intact
Date: 28/08/2020

Source : MIDF

KEY INVESTMENT HIGHLIGHTS

2QFY20 normalised earnings came in +8.3%yoy higher at RM63.0m, supported by all its business segments

Cumulative 1HFY20 financial performance came in within ours and consensus expectations

Timely introduction of new services to cater for the Covid-19 pandemic

Stable profit margin of approximately 50%

Remains one of the front runners for the NIIS project

Maintain BUY with a revised TP of RM1.58

In-line with expectation. MY E.G Services Bhd’s (MYEG) 2QFY20 normalised earnings came in at RM63.0m, an increase of +8.3%yoy. This was mainly attributable to: i) concession related services such as Immigration and JPJ related ancillary services; ii) commercial services such as motor vehicle trading related services, financing services, sale of tax monitoring system, foreign worker recruitment and placement related services iii) introduction of new services such as Covid-19 health screening as well as online sale of groceries thorough its “Nak Beli” online store; and iv) contribution from Cardbiz Group. Cumulatively, the group’s 1HFY20 financial performance of RM121.9m came in within ours and consensus expectations, accounting for 47.3% and 44.4% of full year FY20 earnings estimates respectively.

Impact to earnings. We are maintaining our earnings estimates at this juncture.

Target price. We are maintaining our target price of RM1.58. This is premised on FY21 EPS of 7.5sen, pegged to unchanged forward PER of 21x. Our target PER is the group’s three year historical average.

Maintain BUY. We expect the local business to remain resilient, in view of the good track record of providing the online services. Moving forward, we expect the group’s earnings growth will stem from the group’s effort to replicate its offerings in the region. The effort has started to bear fruit as seen in its latest progress in Indonesia and the Philippines. We believe the move would also help to reduce the group’s reliance on the local market. On another note, MYEG business model remains attractive which garner healthy profit margin of about 50%. In the immediate term, there would further upside should the group able to secure the National Integrated Immigration System (NIIS) project. All factors considered, we are maintaining our BUY recommendation on the stock

Source: MIDF Research - 28 Aug 2020

MyEG - Future Prospect Remains Intact
Date: 28/08/2020

Source : MIDF

KEY INVESTMENT HIGHLIGHTS

2QFY20 normalised earnings came in +8.3%yoy higher at RM63.0m, supported by all its business segments

Cumulative 1HFY20 financial performance came in within ours and consensus expectations

Timely introduction of new services to cater for the Covid-19 pandemic

Stable profit margin of approximately 50%

Remains one of the front runners for the NIIS project

Maintain BUY with a revised TP of RM1.58

In-line with expectation. MY E.G Services Bhd’s (MYEG) 2QFY20 normalised earnings came in at RM63.0m, an increase of +8.3%yoy. This was mainly attributable to: i) concession related services such as Immigration and JPJ related ancillary services; ii) commercial services such as motor vehicle trading related services, financing services, sale of tax monitoring system, foreign worker recruitment and placement related services iii) introduction of new services such as Covid-19 health screening as well as online sale of groceries thorough its “Nak Beli” online store; and iv) contribution from Cardbiz Group. Cumulatively, the group’s 1HFY20 financial performance of RM121.9m came in within ours and consensus expectations, accounting for 47.3% and 44.4% of full year FY20 earnings estimates respectively.

Impact to earnings. We are maintaining our earnings estimates at this juncture.

Target price. We are maintaining our target price of RM1.58. This is premised on FY21 EPS of 7.5sen, pegged to unchanged forward PER of 21x. Our target PER is the group’s three year historical average.

Maintain BUY. We expect the local business to remain resilient, in view of the good track record of providing the online services. Moving forward, we expect the group’s earnings growth will stem from the group’s effort to replicate its offerings in the region. The effort has started to bear fruit as seen in its latest progress in Indonesia and the Philippines. We believe the move would also help to reduce the group’s reliance on the local market. On another note, MYEG business model remains attractive which garner healthy profit margin of about 50%. In the immediate term, there would further upside should the group able to secure the National Integrated Immigration System (NIIS) project. All factors considered, we are maintaining our BUY recommendation on the stock

Source: MIDF Research - 28 Aug 2020

MyEG - Future Prospect Remains Intact
Date: 28/08/2020

Source : MIDF

KEY INVESTMENT HIGHLIGHTS

2QFY20 normalised earnings came in +8.3%yoy higher at RM63.0m, supported by all its business segments

Cumulative 1HFY20 financial performance came in within ours and consensus expectations

Timely introduction of new services to cater for the Covid-19 pandemic

Stable profit margin of approximately 50%

Remains one of the front runners for the NIIS project

Maintain BUY with a revised TP of RM1.58

In-line with expectation. MY E.G Services Bhd’s (MYEG) 2QFY20 normalised earnings came in at RM63.0m, an increase of +8.3%yoy. This was mainly attributable to: i) concession related services such as Immigration and JPJ related ancillary services; ii) commercial services such as motor vehicle trading related services, financing services, sale of tax monitoring system, foreign worker recruitment and placement related services iii) introduction of new services such as Covid-19 health screening as well as online sale of groceries thorough its “Nak Beli” online store; and iv) contribution from Cardbiz Group. Cumulatively, the group’s 1HFY20 financial performance of RM121.9m came in within ours and consensus expectations, accounting for 47.3% and 44.4% of full year FY20 earnings estimates respectively.

Impact to earnings. We are maintaining our earnings estimates at this juncture.

Target price. We are maintaining our target price of RM1.58. This is premised on FY21 EPS of 7.5sen, pegged to unchanged forward PER of 21x. Our target PER is the group’s three year historical average.

Maintain BUY. We expect the local business to remain resilient, in view of the good track record of providing the online services. Moving forward, we expect the group’s earnings growth will stem from the group’s effort to replicate its offerings in the region. The effort has started to bear fruit as seen in its latest progress in Indonesia and the Philippines. We believe the move would also help to reduce the group’s reliance on the local market. On another note, MYEG business model remains attractive which garner healthy profit margin of about 50%. In the immediate term, there would further upside should the group able to secure the National Integrated Immigration System (NIIS) project. All factors considered, we are maintaining our BUY recommendation on the stock

Source: MIDF Research - 28 Aug 2020

Scomnet cashflow strong, margin increased because of the Medical Devices biz , but revenue drop due to automotive cable business during MCO were impacted. Next Quarter report should be better with increasing revenue and profits

NIIS will be awarded to MYEG

Wow good

Alexlee @ mana news ??????

DPHARMA is the potential the best

Done top up

Daily Technical Highlights - (MYEG,)
Author: kiasutrader Publish date: Tue, 25 Aug 2020, 2:57 PM

My E.G. Services Bhd (Trading Buy)
• MYEG is a provider of electronic government (e-government) services with a presence in Malaysia, Philippines, Bangladesh and Indonesia.

• With annual net earnings in excess of RM100m over the past four years, the Group’s historical profit track record has been steady. After posting net profit of RM58.8m in 1QFY20, consensus is projecting MYEG’s bottomline to come in at RM262m in FY20 and RM296m in FY21. This translates to forward PERs of 19.2x this year and 17.0x next year.

• In terms of corporate developments, MYEG (together with its business partners) plans to undertake a reverse takeover exercise involving a proposed acquisition by ACE Market-listed Ancom Logistics of the entire share capital of S5 Holdings (S5, a service provider of national security solutions). MYEG currently holds a 10% stake in S5, which reportedly has emerged as a frontrunner to win the National Integrated Immigration System (NIIS) project.

• Technically speaking, MYEG’s share price – which has been consolidating since early July – is on the verge of a potential breakout from a symmetrical triangle formation. Guided by this bullish continuation pattern, we expect the stock to climb towards our resistance thresholds of RM1.59 (R1) and RM1.69 (R2). This represents upside potentials of 10% and 17%, respectively from yesterday’s closing price of RM1.45.

Daily Technical Highlights - (MYEG,)
Author: kiasutrader Publish date: Tue, 25 Aug 2020, 2:57 PM

My E.G. Services Bhd (Trading Buy)
• MYEG is a provider of electronic government (e-government) services with a presence in Malaysia, Philippines, Bangladesh and Indonesia.

• With annual net earnings in excess of RM100m over the past four years, the Group’s historical profit track record has been steady. After posting net profit of RM58.8m in 1QFY20, consensus is projecting MYEG’s bottomline to come in at RM262m in FY20 and RM296m in FY21. This translates to forward PERs of 19.2x this year and 17.0x next year.

• In terms of corporate developments, MYEG (together with its business partners) plans to undertake a reverse takeover exercise involving a proposed acquisition by ACE Market-listed Ancom Logistics of the entire share capital of S5 Holdings (S5, a service provider of national security solutions). MYEG currently holds a 10% stake in S5, which reportedly has emerged as a frontrunner to win the National Integrated Immigration System (NIIS) project.

• Technically speaking, MYEG’s share price – which has been consolidating since early July – is on the verge of a potential breakout from a symmetrical triangle formation. Guided by this bullish continuation pattern, we expect the stock to climb towards our resistance thresholds of RM1.59 (R1) and RM1.69 (R2). This represents upside potentials of 10% and 17%, respectively from yesterday’s closing price of RM1.45.

• Our stop loss level is pegged at RM1.32 (9% downside risk).

Daily Technical Highlights - (MYEG)
Author: kiasutrader Publish date: Tue, 25 Aug 2020, 2:57 PM

My E.G. Services Bhd (Trading Buy)
• MYEG is a provider of electronic government (e-government) services with a presence in Malaysia, Philippines, Bangladesh and Indonesia.

• With annual net earnings in excess of RM100m over the past four years, the Group’s historical profit track record has been steady. After posting net profit of RM58.8m in 1QFY20, consensus is projecting MYEG’s bottomline to come in at RM262m in FY20 and RM296m in FY21. This translates to forward PERs of 19.2x this year and 17.0x next year.

• In terms of corporate developments, MYEG (together with its business partners) plans to undertake a reverse takeover exercise involving a proposed acquisition by ACE Market-listed Ancom Logistics of the entire share capital of S5 Holdings (S5, a service provider of national security solutions). MYEG currently holds a 10% stake in S5, which reportedly has emerged as a frontrunner to win the National Integrated Immigration System (NIIS) project.

• Technically speaking, MYEG’s share price – which has been consolidating since early July – is on the verge of a potential breakout from a symmetrical triangle formation. Guided by this bullish continuation pattern, we expect the stock to climb towards our resistance thresholds of RM1.59 (R1) and RM1.69 (R2). This represents upside potentials of 10% and 17%, respectively from yesterday’s closing price of RM1.45.

• Our stop loss level is pegged at RM1.32 (9% downside risk).

Daily Technical Highlights - (MYEG, SCICOM)
Author: kiasutrader Publish date: Tue, 25 Aug 2020, 2:57 PM

My E.G. Services Bhd (Trading Buy)
• MYEG is a provider of electronic government (e-government) services with a presence in Malaysia, Philippines, Bangladesh and Indonesia.

• With annual net earnings in excess of RM100m over the past four years, the Group’s historical profit track record has been steady. After posting net profit of RM58.8m in 1QFY20, consensus is projecting MYEG’s bottomline to come in at RM262m in FY20 and RM296m in FY21. This translates to forward PERs of 19.2x this year and 17.0x next year.

• In terms of corporate developments, MYEG (together with its business partners) plans to undertake a reverse takeover exercise involving a proposed acquisition by ACE Market-listed Ancom Logistics of the entire share capital of S5 Holdings (S5, a service provider of national security solutions). MYEG currently holds a 10% stake in S5, which reportedly has emerged as a frontrunner to win the National Integrated Immigration System (NIIS) project.

• Technically speaking, MYEG’s share price – which has been consolidating since early July – is on the verge of a potential breakout from a symmetrical triangle formation. Guided by this bullish continuation pattern, we expect the stock to climb towards our resistance thresholds of RM1.59 (R1) and RM1.69 (R2). This represents upside potentials of 10% and 17%, respectively from yesterday’s closing price of RM1.45.

• Our stop loss level is pegged at RM1.32 (9% downside risk).

Sold Dsonic

Congratulations to all buddies

MYEG definitely will get the project

MYEG definitely will get the project

IRIS Corp Bhd and MyEG Services Bhd are said to be the front runners to bag the billion-ringgit National Integrated Immigration System (NIIS), according to sources. The contract will be awarded anytime this month, they say.

It seems that the NIIS project will be split between the two companies.

The tender document sighted by The Edge last year allows for multiple companies to form a consortium to bid for the contract.

“Yes, I heard that Iris is the front runner for the contract. They are going to be the system integrator for the NIIS,” says an industry player who was involved in various government contracts in the past.

The NIIS will be replacing the current Malaysian Immigration System (myIMMS) at all gateways, including airports and land crossings. The MyIMMS is said to be obsolete as it was first developed in 1993.

The tender to bid for the NIIS was called late last year and it attracted almost 30 bids from local information technology system integrator and cybersecurity companies. The bids received ranged from RM1 billion to RM1.8 billion.

Another source confirms that Iris put in the bid through a consortium, in which S5 Systems Sdn Bhd is a party. S5 Systems is owned by S5 Holdings Inc, in which MyEG Services Bhd has a 10% equity interest.

S5 Holdings is currently the target of a reverse takeover by Ancom Logistics Bhd.

NIIS is the latest reiteration of the government’s plan to replace the obsolete myIMMS. In August 2017, the then Barisan Nasional government awarded a RM3.5 billion contract to Prestariang Bhd to develop, operate and maintain a new immigration system for 15 years.

However, on Dec 11, 2018, the Home Ministry decided to terminate the contract, saying that the National Immigration Control System (SKIN) — as it was called then — was too expensive, and decided to call for another round of tenders.

Prestariang decided to take the ministry to court on April 15, 2019, seeking compensation of RM732.86 million for work done on the system prior to the contract termination. Hearing on the case commenced at the High Court of Kuala Lumpur on July 21.

Note that the more expensive SKIN contract included a maintenance contract, whereas the NIIS contract is just to build, install and commission the system. There will be a separate contract for the maintenance of the system.

Iris is a provider of smart identification solutions and e-border control systems. It was the proprietor of the technology behind the world’s first e-passports and immigration autogates at the Kuala Lumpur International Airport.

Since then, Iris’ e-passports have become the standard for e-passports around the world.

According to Iris’ website, its Border Control Solution is able to provide integrated border control management, including manual, automated and mobile border clearance, travel document verification, visa information system, biometric identification and verification, traveller movement and advanced passenger information.

Besides Iris and MyEG, ­other known bidders for the contract include Datasonic Group Bhd, Heitech Padu Bhd, Dagang Nexchange Bhd (DNeX), Dataprep Holdings Bhd, Scicom (MSC) Bhd, Omesti Bhd and Kumpulan Fima Bhd.

Interestingly, S5 is said to be involved in all the major bids. Besides Iris, the industry player The Edge spoke to who confirmed Iris as one of the front runners of the NIIS contract, says S5 is also involved in bids put in by MyEG and Heitech Padu.

Heitech Padu is the developer of myIMMS. While the system is obsolete, Heitech Padu should still be able to offer a better system for the NIIS, and its experience integrating all the needs of the different departments and agencies into a system should be its strength in the bid.

For the financial year ended March 31, 2020 (FY2020), Iris recorded a lower net profit of RM13.7 million, compared with RM38.3 million a year ago, although its revenue stayed flat at RM229.6 million versus RM229.2 million a year earlier.

Over the last one year, Iris’ share price has more than doubled, closing at 33 sen per share last Friday and valuing the group at RM978.9 million.

Meanwhile, MyEG closed at RM1.38 last Friday, after rising 25.45% this year, giving it a market capitalisation of RM4.784 billion.

https://www.theedgemarkets.com/article/newsbreak-iris-myeg-front-runnes-niis

IRIS Corp Bhd and MyEG Services Bhd are said to be the front runners to bag the billion-ringgit National Integrated Immigration System (NIIS), according to sources. The contract will be awarded anytime this month, they say.

It seems that the NIIS project will be split between the two companies.

The tender document sighted by The Edge last year allows for multiple companies to form a consortium to bid for the contract.

“Yes, I heard that Iris is the front runner for the contract. They are going to be the system integrator for the NIIS,” says an industry player who was involved in various government contracts in the past.

The NIIS will be replacing the current Malaysian Immigration System (myIMMS) at all gateways, including airports and land crossings. The MyIMMS is said to be obsolete as it was first developed in 1993.

The tender to bid for the NIIS was called late last year and it attracted almost 30 bids from local information technology system integrator and cybersecurity companies. The bids received ranged from RM1 billion to RM1.8 billion.

Another source confirms that Iris put in the bid through a consortium, in which S5 Systems Sdn Bhd is a party. S5 Systems is owned by S5 Holdings Inc, in which MyEG Services Bhd has a 10% equity interest.

S5 Holdings is currently the target of a reverse takeover by Ancom Logistics Bhd.

NIIS is the latest reiteration of the government’s plan to replace the obsolete myIMMS. In August 2017, the then Barisan Nasional government awarded a RM3.5 billion contract to Prestariang Bhd to develop, operate and maintain a new immigration system for 15 years.

However, on Dec 11, 2018, the Home Ministry decided to terminate the contract, saying that the National Immigration Control System (SKIN) — as it was called then — was too expensive, and decided to call for another round of tenders.

Prestariang decided to take the ministry to court on April 15, 2019, seeking compensation of RM732.86 million for work done on the system prior to the contract termination. Hearing on the case commenced at the High Court of Kuala Lumpur on July 21.

Note that the more expensive SKIN contract included a maintenance contract, whereas the NIIS contract is just to build, install and commission the system. There will be a separate contract for the maintenance of the system.

Iris is a provider of smart identification solutions and e-border control systems. It was the proprietor of the technology behind the world’s first e-passports and immigration autogates at the Kuala Lumpur International Airport.

Since then, Iris’ e-passports have become the standard for e-passports around the world.

According to Iris’ website, its Border Control Solution is able to provide integrated border control management, including manual, automated and mobile border clearance, travel document verification, visa information system, biometric identification and verification, traveller movement and advanced passenger information.

Besides Iris and MyEG, ­other known bidders for the contract include Datasonic Group Bhd, Heitech Padu Bhd, Dagang Nexchange Bhd (DNeX), Dataprep Holdings Bhd, Scicom (MSC) Bhd, Omesti Bhd and Kumpulan Fima Bhd.

Interestingly, S5 is said to be involved in all the major bids. Besides Iris, the industry player The Edge spoke to who confirmed Iris as one of the front runners of the NIIS contract, says S5 is also involved in bids put in by MyEG and Heitech Padu.

Heitech Padu is the developer of myIMMS. While the system is obsolete, Heitech Padu should still be able to offer a better system for the NIIS, and its experience integrating all the needs of the different departments and agencies into a system should be its strength in the bid.

For the financial year ended March 31, 2020 (FY2020), Iris recorded a lower net profit of RM13.7 million, compared with RM38.3 million a year ago, although its revenue stayed flat at RM229.6 million versus RM229.2 million a year earlier.

Over the last one year, Iris’ share price has more than doubled, closing at 33 sen per share last Friday and valuing the group at RM978.9 million.

Meanwhile, MyEG closed at RM1.38 last Friday, after rising 25.45% this year, giving it a market capitalisation of RM4.784 billion.

https://www.theedgemarkets.com/article/newsbreak-iris-myeg-front-runnes-niis

Experts on stocks

Dufu Technology moves towards RM3.77
August 22, 2020
The uneven performance of the Asian stock markets contained the overall market sentiment, and the trading trend of the FBM KLCI was sideways.

The FBM KLCI closed at 1571.12 on August 21, 1.74 points or 0.11% from the day.

The 30 constituent stocks of the FBM KLCI showed a consolidation trend on August 21, with 708 rising stocks and 390 falling stocks.

Dufu Technology (DUFU, 7233, main board industrial stocks) rebounded when the market closed on August 21. It closed at 3.56 ringgits at the close of the market, up 7 sen or 2.01% on a daily basis.

Du Fu Technology's 30-minute chart trend, the trading trend on August 21 broke its top resistance line (B1:B2).

Its 30-minute Moving Average Convergence and Divergence Index (MACD), the trading trend on August 21 is in an adjustment pattern.

It fluctuates at the "0" support line, and the future trading trend of Dufu Technology may appear to retry the support of its lower limit support line (B1:B2).

DuFu Technology’s daily chart trend may show a rebound trend after retesting, and it may challenge the resistance level of 3.57-3.77 ringgit.

行家论股
杜甫科技迈向RM3.77/敏源
2020年08月22日
亚洲股市的参差表现，牵制整体市场的交投情绪，富时隆综指的交投走势横摆盘整。

富时隆综指于8月21日闭市时以1577.12报收，按日起1.74点或0.11%。

富时隆综指30只成分股，于8月21日显现一段巩固回调走势，上升股项为708只，而下跌股项为390只。

杜甫科技（DUFU，7233，主板工业股）于8月21日闭市时反弹了。它于闭市时收3.56令吉，按日涨7仙或2.01%。

杜甫科技的30分钟图表走势，于8月21日的交投走势突破它的顶头阻力线（B1:B2）。

它的30分钟平滑异同移动均线指标（MACD），于8月21日的交投走势处于一个调整的格局。

它处于“0”支撑线上波动，杜甫科技的后市交投走势，或会出现一段短线回试它的下限支撑线的支撑（B1:B2）。

杜甫科技的日线图表走势于回试后，或会显现一段反弹走势，它或会挑战3.57-3.77令吉的阻力水平。

lksq1118 should be no problem over RM 2-3

ilvanccy @ Don’t keh poh

PMB gets boost from metallic silicon business. PMB Technology has funded the plant mainly from the proceeds of about RM212.3mil from a rights issue (for phase one) and private placement II, which netted about RM100.5mil (phase two).

To focus its resources in “metallic silicon business “ as part of the company’s growth strategy to expand its revenue stream, Koon noted that PMB Technology had exited from the trading of aluminium extrusion business in Peninsular Malaysia and Sabah via the disposal of four companies in December last year.The four companies, namely PMB Central Sdn Bhd, PMB Northern Sdn Bhd, PMB Eastern Sdn Bhd and PMB Aluminium Sabah Sdn Bhd, were sold to PMB (Klang) Sdn Bhd for about RM44.4mil in cash.

The appeal of silicon is apparent as more and more products capitalise on its near boundless possibilities.

PMB Technology Bhd, recognising the potential, jumped into the “metallic silicon business “ last year in an attempt to diversify its business but more so to get a foothold in more value-added segments and products.

The construction of its second-phase manufacturing facility in the Samalaju Industrial Park in Bintulu, Sarawak was on track to be completed by end-2019 but it will only be commissioned in February or March.

Having spent RM300 million on the expansion, PMB Technology projects its production capacity of metallic silicon to double to 72,000 tonnes per year. Together with the completion of the second phase, the group’s total combined built-up area dedicated to its metallic silicon business will be nearly doubled to 1.245 million sq ft from 630,000 sq ft.

PMB Technology is producing about 33,000 tonnes of metallic silicon annually, and is targeting 45,000 tonnes this year, rising to the full capacity of 72,000 tonnes by 2021. “If things all go well ... with 45,000 tonnes of output, our revenue will be hitting about US$80 million to US$90 million and by 2021 will be seeing some US$140 million,” said an optimistic Koon.

He sees annual silicon demand growth normalising to about 5%. “We saw a dip [in silicon demand] because of the trade war, but by next (this) year, we expect the impact from the trade war to taper off,” said Koon, who is hoping to maintain a minimum 5% profit margin for the metallic silicon business amid market volatility.

For the cumulative nine months of FY19, PMB Technology’s profit margin for the total business was about 3%.

ilvanccy@ you will regret later. haha

The construction of its second-phase manufacturing facility in the Samalaju Industrial Park in Bintulu, Sarawak was on track to be completed by end-2019 but it will only be commissioned in February or March.

Having spent RM300 million on the expansion, PMB Technology projects its production capacity of metallic silicon to double to 72,000 tonnes per year. Together with the completion of the second phase, the group’s total combined built-up area dedicated to its metallic silicon business will be nearly doubled to 1.245 million sq ft from 630,000 sq ft.

PMB Technology is producing about 33,000 tonnes of metallic silicon annually, and is targeting 45,000 tonnes this year, rising to the full capacity of 72,000 tonnes by 2021. “If things all go well ... with 45,000 tonnes of output, our revenue will be hitting about US$80 million to US$90 million and by 2021 will be seeing some US$140 million,” said an optimistic Koon.

He sees annual silicon demand growth normalising to about 5%. “We saw a dip [in silicon demand] because of the trade war, but by next (this) year, we expect the impact from the trade war to taper off,” said Koon, who is hoping to maintain a minimum 5% profit margin for the metallic silicon business amid market volatility.

For the cumulative nine months of FY19, PMB Technology’s profit margin for the total business was about 3%.

PMB gets boost from metallic silicon business. PMB Technology has funded the plant mainly from the proceeds of about RM212.3mil from a rights issue (for phase one) and private placement II, which netted about RM100.5mil (phase two).

To focus its resources in “metallic silicon business “ as part of the company’s growth strategy to expand its revenue stream, Koon noted that PMB Technology had exited from the trading of aluminium extrusion business in Peninsular Malaysia and Sabah via the disposal of four companies in December last year.The four companies, namely PMB Central Sdn Bhd, PMB Northern Sdn Bhd, PMB Eastern Sdn Bhd and PMB Aluminium Sabah Sdn Bhd, were sold to PMB (Klang) Sdn Bhd for about RM44.4mil in cash.

The appeal of silicon is apparent as more and more products capitalise on its near boundless possibilities.

PMB Technology Bhd, recognising the potential, jumped into the “metallic silicon business “ last year in an attempt to diversify its business but more so to get a foothold in more value-added segments and products.

Duopharma, Shopee expect increasing demand for Vitamin C amid Covid-19

The higher revenue was mainly due to the increase in volume loading by customers related to hard-disk drive components.

LCTITAN super rich ie Other investments have RM 2.98 billions & Cash and bank balances have RM880 millions. No borrowings.

definitely an exciting for us because the medical device industry will continue to exhibit good growth. Tp should hit over RM2 -2.50 by this month

Tp should hit over 40 cents by this month -RM1.00 by end of this year

the company is optimistic about the semiconductor industry outlook as more big multinational customers increased their investments in automated handling equipment.

Strong customers orders- QES’ core business is in the distribution of inspection, test and measurement equipments such as microscopes and spectrometers, semiconductor materials such as quartz parts, and related engineering solutions.

this Friday can hit TP RM 2

safety intravenous (IV) catheter

the dual safety pen needle

Agreed

Next Q July to Sep running full capacities

腾达第二季净利跌12.9%
有信心下半年复苏
14/08/2020

腾达（PENTA 7160）截至六月卅日二季净利按年滑跌12.9%，主要是受到国际供应链纷乱影响，该公司表示有信心在下一季度取得更好业绩。

腾达第二季净利为1700万令吉，去年同期净赚1954万令吉。

营业额则按年跌14.6%，由1亿2073万令吉减至1亿300万令吉。

腾达表示，各国实施的旅游和物流禁令，在第二季严重干扰集团业务运作，交货期也延迟。

「不过随各国解除各种禁令後，集团业务取得明显进展。」

「我们有信心下半年出现复苏，工厂的运作回到100%状况。」

腾达今日收於RM4.10，市值为29亿令吉。