time to accumulate.. go go go

CIMB EQUITY RESEARCH Malaysia Daybreak | 10 December 2015 ▌What’s on the Table...
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IFCA MSC - Property365.my launched today
IFCA launched property365.my (P365) today. We estimate around RM3bn new GDV launches on the online portal currently. More new property launches are expected on P365 over the next few weeks. Symphony Life currently has the most new property launches on P365. Maintain Add, with the successful launch of property365.my and strong China sales as potential catalysts for the stock.

buy now still early

UMA

Harvest before christmas. Buy now ;)

come come come .. i waiting u 163 164 165 166

UCHITEC definitely had a solid foundation and lately there are so many buyers...
- Net cash company with business being promoted and exhibited in Germany, Hong Kong and Taiwan.
- Healthy results which EPS annualized to be 0.1206 with Target Price around 1.90.
- Management mentions that the revenue will be flat. But once converted to RM, it will produce firecrackers as the company benefits from strengthening USD.
- Seasonal or cyclical factors with higher demands in Q3.
- Q3 result to be announced in this month, November expecting good results.
- Insiders buying the shares between 1.60 to 1.70 lately, announcements from Bursa Malaysia.
- Retraced now after a high spike indicated by Bollinger Band and RSI.

2) Technical Analysis:

Let's look at the chart. There is a big drop from June to July due to Amanah Saham selling their shares. Now their percentage only left 5.21% which is equals to 20 million shares. Then followed by the downfall of economy during August, which again melts the chart to around 1.40. Soon after that, it slowly climbs up and complete the double bottom, a reversal signal to go up. Lately on 2 November, there is a huge volume which straight shoot up, bring the candle to a bit overbought situation (RSI >70% and BB overheated). Therefore, now the price is retraced. For me, it is normal as long as it did not break the support at 1.64. Let's hope for the T+3 and it straight raises over its resistance of 1.73 and continue to march to new high.

UCHITEC is a company which manufactures mixed signal microprocessor-based application and system integration products, and trading of complete electronic module[1]. UCHITEC had their subsidiaries in Malaysia (Uchi Optoelectronic (M) Sdn. Bhd & Uchi Electronic (M) Sdn. Bhd.) and another subsidiary in China (Uchi Technologies (Dongguan) Co., Ltd). UCHITEC is majoring in services and products.

Their services such as product design (transforming product ideas through innovative solutions), construction and tooling design (provide customers the optimized construction and tooling designs), software + micro controller + ASIC solutions (integrating software; with UCHITEC gained their reputation through fully automatic coffee machine or a precision weighing scale), display modules solutions (specialized in LED Dot Matrix Displays and TFT Display Modules Solutions) and manufacturing services (OEM and ODM services)[2]. OEM aka Original Equipment Manufacturing whereby a company is designing and building a product based on its own specifications and then selling the product whereby ODM (Original Design Manufacturing) is designing and building a product as per another company's specifications. UCHITEC is an ODM and OEM company which can fit into the needs of their customers.

UCHITEC's products can be divided to 2 portions, which are Art of Living Group and Bio-Tech groups. UCHITEC is using IT to build a ubiquitous information society, such as a coffee machine. Next will be the Bio-Tech group, whereby commercializing health care services and biotechnology to enrich people's lives. The products of electrical and electronic appliances such as weighing scales, high end household appliances, coffee machine etc. Basically, UCHITEC draws on the wealth of experience and technology to contribute to corporate innovation.


UCHITEC serves a wide base of multi national companies, located primarily in Europe with Switzerland and Germany as major. I think their business model is quite attractive because of the ODM whereby they can fit into the needs of the customers with their expertise and experience that they have.

1) Fundamental Analysis:

The revenue and net profit is healthy, with averagely 45% net profit margin. The revenue and net profit stays stagnant for the time being, due to not much surprises to its business model. UCHITEC is a net cash company with RM157,758k in their bank. The net cash per share is around RM0.42. Again to stress out, net cash is important during economy downtime.

UCHITEC budgeted 7% of revenue in R&D in enhancing software and hardware. They are also continuously enhancing their existing products, developing lead-edge products and adopting new processes and applications in line with industry demands. According to Mr Chairman, Charlie Ong, the products will be exempted from income tax for a period of 5 years, beginning from the day of production, which in return will lift up the net profit. According to Managing Director, Mr Ted Kao, UCHITEC is more concentrated in Europe with nearly 100% of revenue derived from there. They had been exhibiting and promoting their products at international level, such as Taiwan, Hong Kong and Germany. Since their revenue is 100% billed in USD, foreign currency fluctuation poses a risk factor. But, they counter back the exposure by entering into foreign currency forward contracts[3]. Their revenue from major products is touch screen, which increased 22% from 2013. As for geographical site, Europe and Asia Pacific increased 4% and 39% respectively while US market dropped 8%.

The thing that really caught my attention is when i read through their quarterly results, which mention that the demand for the products in the normal course of event is seasonal with demand peaking during the third quarter of the year. On future prospect, the management expects revenue in USD to remain flat. Okay, fair enough. The revenue in USD to remain flat around RM 26 mil. Compared to Q2 2014, net profit increased by 17.43% due to increase in demand for their products and services and the appreciation of USD against RM[4].

Let's do a simple calculation. We assume that the net profit for Q3 and Q4 will be the same as Q1 and Q2, totaling up will be RM45,066k. When we annualised the EPS, it will be 01206. In order to find the Target Price, we use the current PE to multiply with the EPS.

Current PE = 15.50
Annualized EPS = 0.1206
Target Price (TP) = 15.50 x 0.1206 = 1.87 (let's round it off to 1.90)

Next, we track the movements in director's interest and also those with the intention to deal during closed period from July to November 2015. And please forgive me as my report of this is not comprehensive, but i manage to gather important points. Most of the directors/shareholders acquire their shares through ESOS (Employee Share Option Scheme), and they sell some portion[5].

can buy ady.. today T3.. go go go.. give me 165.. kiki

come on, give me 39c 395

buy buy buy 31c.. go go go

heading 42c... go go go !!!

yummy yummy yummy.. give me RM5..!!! throw to me !!

shopping at 2.38.. go go go

Heard 3 sen dividend will announce

Just buy.. go go go

bought 170 again.. follow shark

just buy. don't think so much

go go go.. chicken chicken go go go

big fund came in.. nice :)

hehehe.. cypark presbhd go go go

coming coming coming...

hehehe.. collecting.. go go go

coming lor.. buy buy buy.. bought 66c

buy now.. collect 66c already

in 345,, go go go, nice chart

i wait at support 48, 485.. come come.. give me give me. who bought 52 sell to me.. haha

it will boom suddenly.. dont worry.. hehehe. buy lay

i want collect this.. 145, 146 sell to me now..

aiyoh.. already cut loss RM2.75, still can go go go tips88?

so 10 lot RM3200? now 1 lot = 100 not 1000 la..

1lot RM32 correct, 10 lot RM320

very good buy now 34 to 35c, cheap sales.. buy now still early. Cheapeast banking warrants in the town.. yeah.

price now alrdy nearest 70c for those ppl bought 2 free 1.. tp 465 47c. if 49c is bonus price la.. wont go so high already.. becareful. This is not Abric, Abric duit banyak.

近期很多个股都受到大市的拖累而“炸”了下来，仙股更不必说，肯定是被抛得最惨的。然而，我们可以看到SOLUTN 似乎不怎么受到大市的影响，在这一轮显现了其抗跌的魅力。若这几天出炉的其季度报告没什么“冬瓜豆腐”，技术上短期或有望上挑RM 0.385。凭着手握强劲订单、公司市场名誉佳，只要大市稳定，个人觉得给予RM 0.50目标价并不过分。

haiz.. inilah manusia..

darklord888999, please say thank you to me lar..

Manusia memang susah lar.. Masa untung tak make compliment, masa rugi psycho orang.. Guys, buy and sell own risk kay.. Gaya sikit lah, aduhai...

free money, faster buy.. now still early

hehe.. nearest 100%.. tomorrow huat huat lor :)

free money falling down.. buy as many u can.. yeah :)

Free money faster buy lar.. today last round to get 53 535.. keep 2 weeks laugh to bank.. wahaha

Use local Brand UMS.. Jaminan Suruhanjaya Tenaga & Sirim.. Clipsal, MK, PDL all expensive. UMS cheaper & Tahan lasak.. go go go UMS !!

yes, SILING FONG bought

Buy now still early, tomorrow newspaper news out, aunty uncle rushing jump in on monday. We sell to them, haha

 Business profile. Focus Lumber Berhad (FLBHD) was incorporated in Malaysia on 30 October 1989 as a private limited liability company and was subsequently listed on the Main Board of Bursa Securities on 28 April 2011. FLBHD’s principal activities are manufacturing and sale of plywood, veneer and Laminated Veneer
Lumber (“LVL”), and investment holding. Plywood is the core product, generating
the bulk of the group’s revenue.
 Beneficiary of stronger USD. FLBHD’s export markets contributed approximately 98% of the group’s total revenue, especially U.S market which contributed about 67% of the group’s total revenue for FY14. Since most of the revenue is denominated in USD, FLBHD’s top and bottom line could be boosted by strong
USD.
 Valuation. (1) the stock is currently trading at 9x trailing P/E; (2) net cash per share of RM0.57 which is equivalent to 39% of its share price; and (3) attractive dividend yield of 5.5%.
 On technical front, the share price is about to reverse after recent retracement from RM1.64 on 21 Apr 2015 to recent low of RM1.37 and well supported by 38.2% FR level (RM1.40). Moreover, the stock is grossly oversold and about to bottom out in near term, as substantiated by reading from MACD, RSI and Slow
Stochastics oscillators.
 Since FLBHD’s long-term uptrend is still intact, we are targeting RM1.52 (30-d SMA) and RM1.64 (high on 21 Apr 15), with a long term objective of RM1.70. However, immediate supports are at RM1.42 and RM1.39. Cut loss below RM1.37 (Lower-Bollinger band).

yes.. Pohuat is back.. hehe.. tomorrow top up sikit

Eelyn, now no money buy lai kor.. lai kor expensive now after burn backside.. haha

OTHERS A & M REALTY BERHAD (The Company or A & M) - PROPOSED FINAL SINGLE-TIER DIVIDEND OF 1.5 SEN PER ORDINARY SHARE OF RM0.50 EACH IN RESPECT OF THE FINANCIAL YEAR ENDED 31 DECEMBER 2014

Amended Announcements
Please refer to the earlier announcement reference number: GA1-29042015-00082

A & M REALTY BERHAD

Type Announcement
Subject OTHERS
Description A & M REALTY BERHAD (The Company or A & M)
- PROPOSED FINAL SINGLE-TIER DIVIDEND OF 1.5 SEN PER ORDINARY SHARE OF RM0.50 EACH IN RESPECT OF THE FINANCIAL YEAR ENDED 31 DECEMBER 2014
The Board of Directors of the Company is pleased to announce that the Company intends to seek the approval from its shareholders for Proposed Final Single-Tier Dividend of 1.5 sen per ordinary share of RM0.50 each in respect of the financial year ended 31 December 2014 at the forthcoming Annual General Meeting.

The dividend entitlement and payment dates will be announced in due course.

This amendend announcement is dated 30 April 2015.