RHB Research upgraded its target price for Datasonic to RM1.84 from RM1.67

ASE largest customer for Mi.

Ppl tightening belt to survive this pandemic, will this car leather provider affected?

dsonic wa still around 10% premium compared to normal 20% with 3years expired. Cant wait the drop after ppl see potential weaker qr and add more. ;)

Latest QR is at record high revenue and profit, improved profit margin but stock price is 20-30% discount from record high. New plant completed and start contributing last oct 2019, target to penetrate liquid CO2 industry (Much bigger market). Q1 is the weakest just like frontken, lets see if ppl throw after qr released tocollect more.

When mother share was trading at 52weeks high 1.69, warrant was trading at 0.90+, last week highest mother share is 1.67 but dsonic-wa was lagging at 0.63? :)

the sudden surge nice

Chew added that Datasonic had “ample experience in managing mission-critical national projects for the Malaysian government.”

And should it be awarded the tender, Datasonic would be able to finance the project using internal funds as well as loans from their principal banks, said Chew.

Datasonic is currently the sole provider of the MyKad since 2012, and is the sole provider of the Malaysian e-Passport since 2016. It is also the personalisation solution provider for Europay, Mastercard and Visa in Malaysia to more than 10 local and foreign banks.

500mil project ;)

Director bought so much mother share at 1.29

Extracted from Annual report " In Malaysia, the government implemented a Movement Control Order from 18 March 2020 to 12 May 2020. Nonetheless, from 4 May 2020, we are allowed to resume operations under a conditional movement control order" Does this mean Mi only started working at 4th May?

This quarter with a foreign exchange gain of +6.458mil compared to 19Q4 foreign loss -2.159mil, profit still drop -40% :)

https://www.storm.mg/article/2650616?fbclid=IwAR17ZWNcnOQFhLc7b__hKzM0-2NiAEStQ5FhP73pSJ-tC6TtqqUs3ga0ydk

this qr MCO affected 2 weeks QoQ - 25.33%, next qr MCO imposed 2 months....

This qr is Jan -31st Mar, MCO started 18th March. If this is good result then i cant wait to see the coming qr..

Working on producing low cost ventilator. Anticipate of production 40-50 ventilators per month ;)

Yes i agree to take the information with a pinch of salt. Now the stock price has catered in future or current EPS, last q1 eps was 1.37 but the stock price was around 1.15 (after bonus issue). So i think ppl is expecting better YOY eps if not...

may i know if MI operating during MCO?

if u look back to 2019 normally Q1 lowest and slowly grow to highest Q4, 2020 Q1 and 2020Q2 higher than 2019 plus higher div.

month end the qr will be out. Lets see :)

Very seldom for pecca company to share buy back such huge volume

depends on how big u bought haha

Will we see 2 today?

slowly climbing up from 3.20....

With the money they have, buy its own 1k units???, what is the intention behind? Undervalue? hopefully not a wrong click. hahahah

Correct me if i am wrong, assuming next QR EPS = 0.20, So total past 4 QR = 0.43+0.22+0.15+0.20= 1. PE is 24 now, is it really that high for an automation company? plus current EPS 0.15 is due to one off listing expense, exclude one off the PE is even lower.

hahah, ipo was 0.55, past record q1 always the weakest?

https://malaysiastock.biz/Company-Announcement.aspx?id=1190314

WOW, huge buyback 1mil shares 1.74-1.79. Definitely a good sign?

Cash of 98.2millions equivalent to RM0.536 per share. 98.2million / 183million shares = 0.536

I think Adrian made a good point about the chain effect supply there but the information from the link you shared i think is abit outdated, it still talk about FY18 but this coming quarter is Q1FY20 already.

I have gone through the annual report FY18 once again, and this is what i found

"Our exposure to the risk of dependency on major customer has reduced significantly in the FYE 2018. The Group did not have any major customer that contributed 10% or more of its total revenue for the FYE 2018. "

So may i know where does the statement "Their biggest customer Broadcom (70-80% of the revenue)" come from??? You are saying the management team is telling lies? Or your friend job scope just covered Broadcom customer. hahaa.... 90% to your friend but 10% at most to the company

Finally! the date we have all waiting for is around the corner. Still Holding strong! :)

Total div 12sens expired 10th oct:)

@bwho how about penta, topglove, harta? all after bonus issue

OMG! No wonder directors kept on buying its own company shares.

cyeec2000, one thing i want to point out is that not only these few days but he has been collecting all this while! I think no outsider is more familiar than a worker in the company not to say a company director who has spent millions to buy his own company's shares. Spending millions just to create an illusion for ppl to buy this company shares??. Just a small fish passing by.... :)

With strong sales from major customers Perodua & Proton, strong balance sheet (cash equavalent to 51sens) i think soon this counter to back to its past glory at least back to IPO 1.41

https://www.theedgemarkets.com/article/protons-market-share-june-hits-highest-about-four-years
Proton's market share in June hits highest in about four years!!!

The propose ESOS will not affect the share price and the vesting period has not been decided just yet. https://www.investopedia.com/terms/e/eso.asp

The result of this Q1 is very promising. Record high revenue and the lower profit as compared to the immediate quarter is due to the annual incremental employee payout in this current quarter and hence the higher Administration expense (Q2 RM2.66mil to RM3.722mil). If ignore this one off higher expenses, profit will be the same as last quater

Company director sold 500k units shares? ok.

Received Rm38mil contract
http://malaysiastock.biz/Company-Announcement.aspx?id=1135073

WHat is aobe EMA or SMA?