Kucingko Bhd Target Price: RM0.585 with 95% Upside – Malacca Securities

For the fiscal years 2024 and 2025, KB’s topline is projected to grow to RM33.0 million and RM39.0 million, respectively. This growth is supported by an increase in personnel, enabling KB to take on more projects. Consequently, the core net profit is expected to rise by 31.2% YoY to RM11.0 million in FY24 and by 27.1% YoY to RM13.9 million in FY25, with improved margins due to the management’s strategy of taking on more complex and higher-margin jobs.

The fair value of KB is ascribed at RM0.585, derived by pegging a forward P/E of 21.0x to the FY25 EPS of 2.79 sen. This forward P/E is justified as it aligns with the average current P/E of selected international peers in the 2D animation production industry. Given the current share price of RM0.30, this represents a capital upside of 95.0% and a total return of 97.9% including the dividend return.

Kucingko Bhd Target Price: RM0.585 with 95% Upside – Malacca Securities

For the fiscal years 2024 and 2025, KB’s topline is projected to grow to RM33.0 million and RM39.0 million, respectively. This growth is supported by an increase in personnel, enabling KB to take on more projects. Consequently, the core net profit is expected to rise by 31.2% YoY to RM11.0 million in FY24 and by 27.1% YoY to RM13.9 million in FY25, with improved margins due to the management’s strategy of taking on more complex and higher-margin jobs.

The fair value of KB is ascribed at RM0.585, derived by pegging a forward P/E of 21.0x to the FY25 EPS of 2.79 sen. This forward P/E is justified as it aligns with the average current P/E of selected international peers in the 2D animation production industry. Given the current share price of RM0.30, this represents a capital upside of 95.0% and a total return of 97.9% including the dividend return.

Kucingko Bhd Target Price: RM0.585 with 95% Upside – Malacca Securities

For the fiscal years 2024 and 2025, KB’s topline is projected to grow to RM33.0 million and RM39.0 million, respectively. This growth is supported by an increase in personnel, enabling KB to take on more projects. Consequently, the core net profit is expected to rise by 31.2% YoY to RM11.0 million in FY24 and by 27.1% YoY to RM13.9 million in FY25, with improved margins due to the management’s strategy of taking on more complex and higher-margin jobs.

The fair value of KB is ascribed at RM0.585, derived by pegging a forward P/E of 21.0x to the FY25 EPS of 2.79 sen. This forward P/E is justified as it aligns with the average current P/E of selected international peers in the 2D animation production industry. Given the current share price of RM0.30, this represents a capital upside of 95.0% and a total return of 97.9% including the dividend return.

Kucingko Bhd Target Price: RM0.585 with 95% Upside – Malacca Securities

For the fiscal years 2024 and 2025, KB’s topline is projected to grow to RM33.0 million and RM39.0 million, respectively. This growth is supported by an increase in personnel, enabling KB to take on more projects. Consequently, the core net profit is expected to rise by 31.2% YoY to RM11.0 million in FY24 and by 27.1% YoY to RM13.9 million in FY25, with improved margins due to the management’s strategy of taking on more complex and higher-margin jobs.

The fair value of KB is ascribed at RM0.585, derived by pegging a forward P/E of 21.0x to the FY25 EPS of 2.79 sen. This forward P/E is justified as it aligns with the average current P/E of selected international peers in the 2D animation production industry. Given the current share price of RM0.30, this represents a capital upside of 95.0% and a total return of 97.9% including the dividend return.

Kucingko Bhd Target Price: RM0.585 with 95% Upside – Malacca Securities

For the fiscal years 2024 and 2025, KB’s topline is projected to grow to RM33.0 million and RM39.0 million, respectively. This growth is supported by an increase in personnel, enabling KB to take on more projects. Consequently, the core net profit is expected to rise by 31.2% YoY to RM11.0 million in FY24 and by 27.1% YoY to RM13.9 million in FY25, with improved margins due to the management’s strategy of taking on more complex and higher-margin jobs.

The fair value of KB is ascribed at RM0.585, derived by pegging a forward P/E of 21.0x to the FY25 EPS of 2.79 sen. This forward P/E is justified as it aligns with the average current P/E of selected international peers in the 2D animation production industry. Given the current share price of RM0.30, this represents a capital upside of 95.0% and a total return of 97.9% including the dividend return.

Kucingko Bhd Target Price: RM0.585 with 95% Upside – Malacca Securities

For the fiscal years 2024 and 2025, KB’s topline is projected to grow to RM33.0 million and RM39.0 million, respectively. This growth is supported by an increase in personnel, enabling KB to take on more projects. Consequently, the core net profit is expected to rise by 31.2% YoY to RM11.0 million in FY24 and by 27.1% YoY to RM13.9 million in FY25, with improved margins due to the management’s strategy of taking on more complex and higher-margin jobs.

The fair value of KB is ascribed at RM0.585, derived by pegging a forward P/E of 21.0x to the FY25 EPS of 2.79 sen. This forward P/E is justified as it aligns with the average current P/E of selected international peers in the 2D animation production industry. Given the current share price of RM0.30, this represents a capital upside of 95.0% and a total return of 97.9% including the dividend return.

Chip in and ride with the good QR that yewlee is going to announce

DNeX's double-digit growth target stirs investors' interest

https://theedgemalaysia.com/article/dnexs-doubledigit-growth-target-stirs-investors-interest

The wave will definitely come this month. Stay tuned 😉

Dnex alrdy broke the hard rock at 40 cents. Now it is back to uptrend, ha

The engine is heated up and it will shoot up when Kossan presents a good QR. Too bad, hard to collect it at lower price alrdy, YT8170C

Pls read through : https://theedgemalaysia.com/node/708951

Eyeing on Kossan's Q1 result. If it's good, Yewlee will move up also

straight away goes up when Kossan's QR is out 😁

I aint going, it's at Perak. Leave some note here after that , SwingSOS 😀

Company is also doing share buyback. Can support I think

https://klse.i3investor.com/web/insider/company/detail/I_77685_3414223836

I believe yewlee will announce the good news about getting new clients like solar industry or semicon soon

Signal of goreng 😁

Sargon15

https://twitter.com/tzafrul_aziz/status/1782403286668280241

12 hours ago

It's still an accumulation phase for yewlee even though geopolitical tensions escalate😁

I guess Dnex can turn profits in the next quarter

don't worry, the company will announce the good news about getting new clients like solar industry or semicon in one day

World war 3 will happen? That's why gold price is so high now?

Got chance it will show green QR 😉

Dnex is going up due to Niise project or O&G theme?

Buy both, mother shares and warrants. They will shoot up together 😁

Positive news for gloves

https://thesun.my/business/demand-prices-for-medical-surgical-rubber-gloves-rising-expert-PC12320492

Once Yewlee announces it has acquired some projects from solar companies, they will be flying high to the sky 😁😁

That's true, KingDavid. Then I guess your entry price for Dnex is 37.5?

RM4?! 😮 If Foxxcon fully take over Dnex

40 cents is such as tough wall.. Once yewlee breaks through it, it will go all the way up

Its oil segment will contribute more revenue to the company in the next q. ha

The factory of Yew Lee in Thai was officially launched in mid of March 2024. As glove demand grows, it is expected to bring positive returns to the company

Can we expect Dnex to turn profits in Q4?

yup, today also got funds flow in. The buying rate is more than 90% !

Loss widened due to huge capex?

no worries, the demand for industrial brushes in the glove industry is increasing

Supermax won't be kacau by andy lao hall, no more. ha

Topglov's Qr is out. Its revenue continues to show an improving trend. Yewlee order volume will definitely increase one

Who will be back to where soon? 😏

Ride with the topglv's QR wave. Dnt miss out 😉

Up or down? Open betting before Raya 😁

It seems like it requires more volume for it to break 40 cents ... Still resting at 39 / 39.5 there

next qr need to wait end of May, bro

Plant utilisation of rubber glove makers improve, btw. https://www.thestar.com.my/business/business-news/2024/03/11/plant-utilisation-of-rubber-glove-makers-improve

They can say it as pelaburan not judi. Like Malay eat 'Chick' Kut Teh, not Bak Kut Teh

Has more than 36 years of experience in industrial hardware and industrial brushes and also a monopoly stock in Bursa ? ! No wonder YEWLEE is still moving firmly and steadily

Glove stocks moving up instead 😆

https://www.thestar.com.my/business/business-news/2024/03/07/no-v-shaped-recovery-for-glove-sector-in-2024

in addition, they have expanded the range of industrial brushes by developing customizable industrial brushes with features, designs and dimensions to meet specific manufacturing requirements and other end-customer needs (e.g. quarries, semiconductor glass manufacturing industry). In the future, YEWLEE will no longer rely solely on glove manufacturing customers

Yup, YEWLEE has over 36 years of experience in industrial hardware and industrial brushes

The political reasons for Supermax’s expansion into the United States ...