Avi-tech Current share price : S$54c EPS : 5c Dividend : 2.8c + 1.3c going X =2018-04-30 Yield: ~6.9% Cash: ~30m Current PE: 12x (estimated PE : 10.7X) Debt: Zero. Its doing burn- in testing for semiconductor companies in the automotive industry.. The owner/boss highlight he may explore value accretive potential M&A with its strong cashflow and cash balances (near zero debt). boss been buying back shares actively... its in RHB top "small cap jewel" list.. Ok sayonara..and good luck..
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Those who have kesm will be pleased with it..those with sunright also is pleased. everybody should be pleased with the performance of both companies who is uniquely position to capture the growth in automotive tech industry and driverless car tech.... domp should be pleased with sunright (if he still holding).
An investment (case study): Pan Hong(listed in SGX). Proposed dividend in spiecie per share: 3.51349 Sino Harbour Shares(listed in HK) per Pan Hong Share. Sino harbour now priced at hkd $0.96c or sg $0.17c... So in theory by buying 1 pan hong -you will get 3.51x0.17c = S$0.59 worth of sino shares.. More than Pan Hong price now of S$0.405c.. Market is pricing in a discount or margin of safety of around 45%...
Yes ..Penta is great..from 50cents+ run to $5.15... A legendary investor hold on from 50cents+ to now... He told me that, usually nobody will hold from 50 cents to $5.. Most would have sold at $1.... Hopefully , sunright can do the impossible like penta...
Sunright & kesm is still undervalue...for those who miss out can still look into : Avi-tech Current share price : S$53.5c EPS : 4.1c (estimated EPS 5c) Dividend : 2.8c , 1.8c going X on 13/11 Yield: ~5% Cash: ~24m Current PE: 13x (estimated PE : 10.7X) Debt: near zero. Its doing burn- in testing for semiconductor companies in the automotive industry.. The owner/boss highlight he may explore value accretive potential M&A with its strong cashflow and cash balances (near zero debt). The stock have run up a bit together with its peers like sunright and AEM.. Its a decent growth company with strong dividend and cashflow & no debt hence can pay good dividend, with the potential for M&A , and in the booming/bullrun semicon sector... Rhb thinks that this is a "jewel".. in its top "small cap jewel" list.. Good luck & hope u make and i make..everybody make..$
i am also looking at another company similar to kesm and sunright.. In fact its no secret n its also in the rhb top small cap jewel.. Its quite good so far- it moved up to now 53cents.. http://www.avi-tech.com.sg
I wish u all the best n hopefully kesm go above $20 soon
So here the latest calculations on sunright.. Sunright owned ~48% of KESM shares... KESM market cap= RM$724M or S$241M 48% of S$241M=$115M So dividing by the number of shares outstanding for sunright $115M/122M, that stake alone is worth ~94cents... Now Sunright is trading at 78 cents...or a 17% discount for its stake in kesm alone....
So...although the discount has narrowed to 17%..from 65% previously ...but it still an opportunity.. Given: i) sunright is flush with cash of around S$71M (debt S$25M)- at grp lvl. ii)latest EPS is 7.5c or PE is ~10x earnings.. vs another company in similar industry AEM whereby the PE= ~20x..although AEM the growth in revenue is higher ie 400% vs 100% for sunright.. Iv)the industry and economy outlook in the US is good..due to one best employee call -donald trump.. V)outlook of KESM good...
Domp shld be pleased with sunright...... sunright actually not just operate in msia&sg.. It has operation's world wide..so it has enough moat to ride the nasdaq/semicon bull run .. i think the next catalyst for kesm can be either another record profit Or a bonus issue.. base on klsei3 record...last time it gives bonus was way back in 2002... Now +15 years later. Date 07-Nov-2002 25-Nov-2002 BONUS_ISSUE 3 : 2
In the more advance countries now, u can call your car to start and come to you in front of your car porch and it will come...And once you are in the highway you can do auto pilot...not fully autonomous but it can detect cars in the front back and side and drive by itself... the CEO of NVIDIA corp has also predicted that in the next 4-5 years maybe car can be fully automated...all these cars is powered by chips.. so when u call uber or grab.. the car will come, but with no driver inside.. it can take u where ever.. The car can also work for you, ie It can make income for you by driving by itself..to fetch customers..using artificial intelligence supported by micro-chips , processors, software's, GPS, radar, camera's- CCTV, etc... somebody has to test all these "chips".. and usually the big semicond players like intel,qualcomm,NXP, nvidia, AMD will usually outsource this backend testing process... Thats where sunright and kesm comes into play.....so the future is vry good for them.. :)
Yes..sunright is a good one... i think its still undervalue.. Once elon musk -tesla perfected the auto pilot feature in tesla ...it can then be the new standard in every car - "fully autonomous". In fact this feature is already in tesla but not yet perfect... not availabe in kampung yet.. All these cars need a chip and software..etc.. And some body needs to test these chips..
Or if u want to invest directly into the future....: AI (artificial intelligence) chips for self driving car or robotics...Can try NVIDIA... But note that NVIDIA share price has also gone up over 300% in 1 yr... "We are 4 years away from fully autonomous cars..." - NVIDIA CEO... So in another 4 years - You may see cars and maybe in local context - a Proton/Geely - driving by itself...on "auto pilot" mode... And KESM will be on the backend - testing all these chips...and making money just base on that
Kesm can easily do a bonus 1 for 1.... but some company don't want to do that as they want only quality investors.... Like Berkshire "A" share...1 unit =$281,600 Those of you who have USD$ 281K can try BRK-"A".. or if u have around USD$1100, can try Amazon $1100 or GOOGLE(Alphabet) $1200.