"Btw for CEB my view is can consider holding it for another quarter because:
1. MD/Group CEO has bought 2m shares via open market during 27-28/2.
2. Chartwise the next support is 0.88.
3. Management provided the below guidances for FY2024 ie at least 30% growth in revenue and profit margin after tax ard 8-10%. So profit before tax of 60-70m for FY2024 is within reach.
4. They have engaged tax consultant to look into their tax reporting process. 🙏🙏"

"For CEB, its order book remains strong at Rm217m and Revenue indeed up by 8% QoQ so I believe the drop in PAT is one off event."

CAPE 4Q23 briefing keytakes (Zoom)

Date: 27 Feb 2024

Management: Christina Tee (CEO), Kelvin Tan (CFO) and team

2023 financials overview

- 2023 revenue +24% driven by wireless equipment and CE E-Cigg alongside new contribution from thermal devices. PAT +32% on favourable product mix. 4Q revenue +25% but PAT -38% due to underprovision of tax in previous quarters + additional operating cost related to die casting and new EV business.
- Normalised PAT at RM57.8m after adjusting for IPO expenses RM4m, RM2m acquisition cost of iConn, and sales and lease back arrangement. Previously guided RM59m which included this RM7m of sales & leaseback arrangement, but now they did not proceed on this.
- Revenue breakdown: 65% on industrial produce, CE at 32%, 3% from die casting. US 66%, Asia at 33%, EUR 2%.
- Financial positions: RM170m of cash, 0.4x gearing ratio.
- Orderbook of RM218m (RM33m from CE and RM185m from Industrial products)
- Utilisation of proceeds: RM125m - the balance of unutilised proceeds

Production capacity

- 3 factories (Senai, Tebrau and Kempas 6)
- Relocation cost Temenggung to Tebrau
- 433k sqft now, on 34 EMS lines, and 770+ workers
- Tebrau (100.6k sqft) for aluminium die, 10 new alu die cast and machinery purchase are in progress
- Senai 226 (166.9k sqft), to house finished goods
- Warehouse automated storage facilities

Business updates

- Mimosa – completed acquisition of Mimosa from Jio platforms. Penetrated into new market via this acquisition. Ex-India all by CAPE now, in India, 25% by Cape.
- NextCentury (smart utility data collection) – penetrated into Australia market. Mexico in process to be certified.
- Customer A – after acquisition, more opportunity here
- K&Q (household applicances – vacuum) – anticipating an uptick in demand. Besides US, it is into Turkey now
- New customer C – Leader in EV charging device and station. US based founded in 2007.
- New customer S – packaging tracking vehicle – UK based providing tracking system for reusable packaging. Market segment from retail, post and parcel and logisitic companies
- New customer M – amphibious craft of vehicle, based in NZ. Specialising in designing and manufacturing amphibious boats equipped with retractable, motorised wheels. Partnering with SEA CM to supply new contracts in at least next 5 years.
- Into medical, sport equipment, EV charging systems as well
- Vectrix mobility - 60% stake owned by by APE, Vectrix owns 40% - batt pack production will be ready by 2Q24. High flexibility of assembling modules up to 3k WH, in the voltage range from 7V to 150V. UK, EUR, JPN, SG and MY distribution ship partner has been identified. Current order on hand is at 1200 units, will be suppling directly from Taiwan maker. All batt pack will be self-supply by CAPE.


Q&A

- Customer A – additional 80% more capacity; device and pod will be the driver. 2023 revenue contribution was RM160m. Wanted to limit exposure from here, as in not >25%.
- 2024: targeting minimally 30% revenue growth. Targeting NPM of 8-10%. Batt Pack manufacturing, K&Q, EV charger see good growth.
- Customer T – radioactive tracking + chambers (consumable).
- iConn – <USD30m orders by CAPE.
- Vectrix – Yan Loong? CM from Taiwan
- 3 new customers C, S and M on NPI now, and not part of the revenue growth target for 2024.
- Jio reliance orders on cable –access points – 2 components whereby CAPE supplied 2m parts (30k per month).
- Costs – some can be passed on

Thanks

From UOBKH’s DC

Revenue improved significantly.

PM announced o improve water infrustructure in Sabah, Kelantan and Sabah. All water counters should move.

PM announced o improve water infrustructure in Sabah, Kelantan and Sabah. All water counters should move.

Will this counter be released from suspension after 10th May if it start submitting the annual report 3 months later? Happened to any other company before?

Did the conman directors using this method to privatize AGES?

Just an audit report, pay more for auditor, sure got takers.

What the hell is happening?

Yes, sharks acquired share at 80cent on 4/10/2022, but only declare than on 9/3/23. Is that allowed by Bursa?

shares acquires on 4/10/2022 but only notified on 9/3/2023, is that even allowed??????????????????????????????????

Thursday, 9 Mar 2023

5:15PM DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
5:15PM DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
5:15PM ZAIDAH BINTI MOHD SALLEH (6,050,000 units Disposed)
5:15PM ZAID BIN ABDULLAH (6,050,000 units Disposed)
5:12PM ZAID BIN ABDULLAH (6,050,000 units Disposed)
5:12PM ZAID & ZAIDAH (L) FOUNDATION (6,050,000 units Disposed)
5:12PM ZAIYADAL SDN BHD (FORMERLY KNOWN AS ZAIYADAL KELUARGA SDN BHD) (6,050,000 units Disposed)
5:12PM ZKSB HOLDINGS SDN BHD (6,050,000 units Disposed)
5:12PM ZAIDAH BINTI MOHD SALLEH (6,050,000 units Disposed)
5:06PM ZAID & ZAIDAH (L) FOUNDATION (309,943,622 units Acquired)
5:06PM ZKSB HOLDINGS SDN BHD (309,943,622 units Acquired)

Read The last 2, the shares acquires on 4/10/2022 but only notified on 9/3/2023, is that even allowed??????????????????????????????????

Share acquired > share disposed. Operator pressed down to acquire cheap cheap?

Why no limit down?

Tomorrow limit up.

PROPOSED BONUS ISSUE OF UP TO 105,567,870 WARRANTS B IN REVENUE ("WARRANT(S) B") ON THE BASIS OF 1 WARRANT B FOR EVERY 6 EXISTING ORDINARY SHARES HELD IN REVENUE ("REVENUE SHARE(S)") ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE OF WARRANTS")

Private placement 0.0982, can still goreng, well done.

Why so severe drop?

Insiders selling to fund the election? Poor me, burnt.

Big volume, price not going up. Someone selling continuously, something wrong.

Looks like next Q very good result.

The lousiest of glove counters, up so little as compare with others, then down a lot more than others. What news is no bad?

Looks like going to get out from PN17 soon after selling vessels?

Anyone who didn't buy this IPO from the market is a winner.

The shark is barking " Only TECH IPO can give you 200 % ++ even 400 % JACKPOT
huattt chaiiii $$$$$$
AGMO RM 1.00 + closing today....
hmmm....seen some losers / hopeless now becoming CRYINGG BABIES"

Shark is going to distribute this share over the next 10 years.

If you are buying into IPOs, you are encouraging more IPOs to be listed, which will drop the share prices of all the other listed companies in the market.

Avoid IPOs at all cost for at least 5 years after listing. Don't give free lunch to the sharks who are going to distribute their shares over the next 5-10 years.

Wow. strong buyer wallop 6000 lots one go.

SAPU

Hopefully green at the end of the day.

Already reached super major support level. Should rebound.

Bankers still holding. Will go north again, perhaps tomorrow.

Good, but it is a sell on news.

Contact Us | Sentoria Group Berhadhttps://sentoria.com.my › contact-us· Translate this page
Sentoria Borneo Land Sdn. Bhd. (1044844-V). Sublot No. 43 (Survey Lot 7677), Lot 5569, Block 9, Salak Land District Bandar Samariang Commercial Centre, ...

https://www.theborneopost.com/2022/05/06/abg-jo-state-govt-to-take-over-sentoria-borneo-samariang-garden-housing-project/

Cruel directors want to collect shared at cheap cheap price, probably through rights issue, as expected. Hopefully price will drop to 0.20 soon so nobody will subscribe to the rights issue.

All this consolidation, then pressing down the price. Who benefited?

"The Board of Directors of PHB wishes to announce that the Company has re-assessed its condition and concluded that it does not trigger any of the prescribed criteria pursuant to PN17 of the Main LR based on the Company's Audited Financial Statements for the 18-month financial period ended 31 December 2021. Hence, the Company is not an affected listed issuer pursuant to PN17 of the Main LR.". Good news, why dropping?

Interesting strategy by the directors. Announce Bonus Issue with free warrants. Lots of small flies jump in to scoop up the shares. Then announce a serial of small additional listings to disguise the PP announced under additional listing also. Without knowing it, those chasing the bonus issues already scoop up all the shares of the PP holders. Good luck.

Very low volume sell down today. Which means huat huat soon.

Please sell your shares to the sharks.

Still ways above moving average line on tick chart on retracement. Tomorrow up 50% hopefully.

Buyers stronger than sellers today. Good sign.

Do you think gov will help Sapura Energy? Not direct cash injection definitely, but by instructing Petronas to award projects to Sapura. So easy to help Sapura.

Hopefully rise by 50% after so intentionally beaten down.

The rise in inevitable.

Hopefully good news coming.

Who is so dumb as to subscribe to the last private placement batch since the 1st 2 batches had them losing money like hell? No one is that dumb. Except this is intentional for someone to collect cheap.