Hevea,magni,vs,liihen already announce or doing bonus issue or share split. Where is SAM bonus issue or share split coming

Just cont keep. Next quarter result expected to be eps 30sen from my estimation. Calculation as above:

1/7/2015: USD1=RM3.70
30/9/2015: USD1=RM4.40

USD appreciated by 18.91%

Extra income - 134mil x 10% (assume benefit from appreciation of USD) = 13.4mil - all translate into profit

Last quarter result 13.2mil which equal to eps 15.71sen

If next quarter add back the extra income i translate into eps 31sen!!

Just my opinion

美女追着sam哥哥了 lol

6.03 is historical high b4 dividend. After dividend is 5.72 is the new high. Since today morning it trading at 5.72 so it should consider new high for sam

haha win liao lor magni... up like no tmr but now still undervalue. Congratz to all holder!!!

haha rohank71, you are "his friend" because you are Siva Kumar. You know about him because you are him. Hahaha

Anyway for my personal preference, I dun like SPAC because i dun know about the business. It is high risk high reward type and i dun like it. But anyway it is personal preference. Not right no wrong.

Haha i guess when u saying this kind of account can borrow another 100mil, i know you are that second largest shareholder who curi curi collected more tham five percent. No need to hide that you are him. Too obvious that you are that indian

I really dun understand why need borrowing as the company already cash rich. Why need to spend money on borrow another 100mil? For godsake? Too much money why need to pay interest? What is lazy balance sheet you talking in the AGM?

Icic rohank u sound like the second largest shareholder. I guess you are that indian that suggest alot of thing in the agm.

gg dissapointed result although the profit improved. Look like magni is a better choice

Also, you think that it is so easy to produce engine case by just buying new machine? As easy as ABC?

If it is so easy, why the entries barrier is so high for producing engine case?

First thing, do you understand the business? You don't know. Please shut up.

Please dun use any invest term like CFC or anything. You know nothing about producing aeroplane casing business. Even setting up a factory, u know nothing.

You know that General Electric very strict in checking their engine case? Do you know if the engine case incurred accident, the company will need to compensation RM100million USD just for compensate the accident?

So when setting up new factory, do you tink they no need time to set up?

Also, the main cost of producing engine case is the material cost, employee cost but not machine cost. Although the machine is a few million per machine, but the cost of producing one engine case already reach a few hundred thousand.

Also, they need time to train their employees. Their employees is skilled labour.

Not like other company such as furniture company, glove or other manufacturing company, they require alot of skilled labour.It is because if there is any small mistake they made in producing the casing, they need to scrap the whole engine case to ensure the quality.

Hence they need skilled worker with alot of training before they able to increase their production. It is not easy as you think to increase production. It need time and effort from management.

JT Yeo, why giving out good dividend also not positive thing? SAM is a net cash company. Not like other company, go and borrow money and pay dividend. Then some company got alot of money but dun wan give good dividend. Then what you want?

People pay good dividend also complain. If I am the management I will scold you also.

You attended their AGM? They got say dun wan to invest? You think set up new factory no need time one? Just doing magic? Do you know that their machine need special design? Also, it is not easy to set up a factory.

They need to copy the patent using one machine. Then let the suppliers come and inspect. Then 1st production, their suppliers also need to inspect. Then the employees need to learn how to produce.

Usually at the start of the process, employee need time to learn how to do. So defection or wastage will incurred.

Then need to cut the steel by using one machine. Then need to polish it by using another machine, then need to wait the polish stable.

Then need to inspect every single part of the machine cover to ensure no damages incurred. For checking, they already spend 6 hours to inspect the machine. They using high tech machine like x-ray to check is it any defection incurred in the casing.

Then they also need to colour the engine case, then package the engine case into a box. You think if wan to set up this factory, no need any planning?

The management already said in AGM they will set up a new factory in 2017. Why you said they did not invest?

Yeah 3.5billion order book in aerospace but revenue wont up... "Paperplane theory to Holland"

HDD manufacturing doing well but revenue wont up "Paperplane theory to Holland"

Trading using USD but revenue wont up "Paperplane theory to Holland"

Dont know please dun talk, dun need talk like our beloved Prime Minister najib that just talk by not using brain. LOL

Want to add something:
1) The borrowing amount is ICULS not bank borrowing
2) The revenue will continue increase in this year due to equipment sector have been recover during the year.
3) In aerospace, not only GE is the only customer, Snecma and Pratt & Whitney also their loyal customer
4) Only for FY2015 alone, the company have signed total contract of USD569mil contract, which is equivalent to RM2.276 (using USD1=RM4). Imagine if every year SAM are able to secure RM2billion, how much is the revenue in the next few years. Currently only at RM500 per year.

Anyway good article. Thank for sharing. Cheers

Dun know why some ppl still posting negative thing on this share. This share so good. People give good dividend also complain. Really brainless. Haha. No need to smoke bro. Fundemental tell u everything

5.35 now. Sam is back haha

It is good fundermental company. Unfortunately, sunset business. Doesnt seem like the business will expand. Only good for dividend holder.

EPS and cash is king. But this share profit drop so much. Alot of share is cash rich. Why should we invest in a profit dropping company?

I received on 2 Sep 2015. Use all dividend to buy hhgroup XD. Thank you SAM. Haha

just bought at 41sen XD

Sorry sorry said too low the contract value XD

So now SAM have total RM4.5billion order book (Aerospace RM3.5billion and other sector RM1billion)

Sam secured another RM520mil project

http://www.sam-malaysia.com/wp-content/uploads/2015/08/Latest-News_28-Aug-2015.pdf

yapie, payment date on 28 aug 2015 which havent reach yet. Somemore maybe bank need somedays to process the payment. Will only bank in around early of September

not angry la haha. Just asking :) Huat la all!!

60lots =6,000 6,000lots=600,000 Please make urself clear haha

If you go, then add in something that i miss out. Thanks

superbjet also go?

i wearing long pant...

I dun know whether this quarter result is consider good or bad sign but at least i now currently price quite cheap. The future for harbour to increase the profit will only depend on the property sector

Harbour profit up mainly due to property development profit up. Please compare between last year and this year. Property development contributed have been increased at least 100%. Other sector revenue have been increased but total profit remain the same. It means profit margin for other sector have been decreased. I rmb last time Kenanga have reported that high margin project have been ended last quarter. I think it is true. Now in order to maintain the same profit, the company have to work harder to earn the same profit for other sector (except property and development).

That all i wan to share and have a nice day trading in share. I think this is a good long term hold for us in my opinion :-)

second largest shareholder (an indian) have proposed to the management on bonus issue or share split for sam to increase liquidation of the share and split dividend into 2 to 3 times. The management said they will consider on this option

According to CEO this year revenue expected to be around RM550million

The company during the cycle of the engine in the aeroplane, no accident have happen to the engine. The warrant period is around 25years. If anything happen to the engine, SAM need to compensate billions of ringgit. So SAM have buy insurance to cover this portion of risk

The company will also incurred 5 to 10 hours just for the inspection of engine casing

For new model of aeroplane, it only will be produce after a few years. The company operates 24hours a day in producing engine casing. If the machine broke down, it will affect the operation

The casing sample will be product by boeing or airbus. SAM just need to product according to the sample given by boeing or airbus

I heard from another director said that there are 3 competitons for aerospace casing in the world. One from taiwan, one from france and another one from korea. Market share for SAM in engine casing is about 30percent which is almost same with taiwan

New factory will build in batu kawan and expected to start operation on 2017. The factory will expected to breakeven on 2020. On 2020, the revenue will be reached 1billion mark according to CEO.

Actually the company got 4billion order book which is 3billion from the aerospace industry according to management. The company's revenue expected not to increase in quantity but surely gain will increase due to forex exchange

32sen is last time dividend. Not now

I guess spagetti and joel will be crying now

PE only 8.58 now!!

Result out.15.71sen eps. Good

Yalo i saw u too. I was hiding inside guard house and curi-curi go for the factory tour just now.

Ya ke? Hahaha then i roughly know who u r. Lol

Icon8888, u also attend agm?

Buy buy buy!!!