SOLUTION GROUP BERHAD

KLSE (MYR): SOLUTN (0093)

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Last Price

0.125

Today's Change

-0.005 (3.85%)

Day's Change

0.12 - 0.13

Trading Volume

619,800


16 people like this.

16,188 comment(s). Last comment by Mar2083 1 month ago

tomato915

482 posts

Posted by tomato915 > 2016-02-29 19:57 | Report Abuse

Comparing Year to Year is very GOOD...
But contra kaki only compare Q to Q...

JinAurora

401 posts

Posted by JinAurora > 2016-02-29 20:02 | Report Abuse

yes tomato, you got the point.

hissyu2

868 posts

Posted by hissyu2 > 2016-02-29 20:52 | Report Abuse

the gross profit margin is 50%!!! Solutn still have around 24m of book order for 2016~~ i think that's why the group is optimistic :) ppl sure throw tomorrow la...

JinAurora

401 posts

Posted by JinAurora > 2016-02-29 22:08 | Report Abuse

let them throw ba, i think managament is quite confidence... you can find others report, most of their management feel this year is challenge, but solutn management not even think it is challenge year.. hahaha

CKWan11d

567 posts

Posted by CKWan11d > 2016-03-01 09:51 | Report Abuse

Provided Mr ColdEye wouldn't throw.

tomato915

482 posts

Posted by tomato915 > 2016-03-01 13:43 | Report Abuse

I'll collect more...

JinAurora

401 posts

Posted by JinAurora > 2016-03-01 21:12 | Report Abuse

tomato, so i am :)

ampabella

1,381 posts

Posted by ampabella > 2016-03-03 23:02 | Report Abuse

what happen to solution, sudah bungkus leow meh

Josephine Ong

1,001 posts

Posted by Josephine Ong > 2016-03-09 10:55 | Report Abuse

coming soonnnnnnnnnnnnnnn

ampabella

1,381 posts

Posted by ampabella > 2016-03-09 20:55 | Report Abuse

kambing kambing my jangut also very panjang leow

hahaha

175 posts

Posted by hahaha > 2016-04-10 23:44 | Report Abuse

hai everyone...hows my baby solutn...hopefully old player last year made good fortune from solutn.

pantor

32 posts

Posted by pantor > 2016-04-14 00:29 | Report Abuse

Great! Bonus shares and warrants!

JinAurora

401 posts

Posted by JinAurora > 2016-04-14 10:12 | Report Abuse

:D

loveyou

10 posts

Posted by loveyou > 2016-04-14 10:31 | Report Abuse

go go go...

camel

316 posts

Posted by camel > 2016-04-14 15:21 | Report Abuse

buy.

CUTLOST

5,179 posts

Posted by CUTLOST > 2016-04-14 20:42 | Report Abuse

Bullish Divergent..tomolo gap up above 40cts

Posted by Lcb Vanson > 2016-04-15 09:36 | Report Abuse

buy 100lot ,go go go!

koyokui

1,980 posts

Posted by koyokui > 2016-04-15 15:09 | Report Abuse

Buy itronic. Itronic hold solutn share

CUTLOST

5,179 posts

Posted by CUTLOST > 2016-04-18 13:05 | Report Abuse

40cts coming

Tomato915

482 posts

Posted by Tomato915 > 2016-04-22 19:46 | Report Abuse

41 cts already

JinAurora

401 posts

Posted by JinAurora > 2016-04-23 00:35 | Report Abuse

still will going up :)

Posted by SniperElite > 2016-04-26 18:38 | Report Abuse

When companies give out bonus shares and warrants we must ask why? Seems like they are trying to sell more shares trying to raise more cash cos the previous quarter earnings was down. It may seem to start sliding up right now cos people are just buying to try and get the bonus share and warrants. After than it will slide back down to where it was before .... this share is not going anywhere for the moment.

JinAurora

401 posts

Posted by JinAurora > 2016-04-27 11:03 | Report Abuse

SniperElite, seems like you don't know much about solutn.. the revenue has been improved compare to the last 2 quarter, the profit drop is because of administrative fee increased only for the last quarter same as last year.. so we can assume that is a bonus is given to award their employee, otherwise who will willing to fight for them for better revenue and result?

JinAurora

401 posts

Posted by JinAurora > 2016-04-27 11:06 | Report Abuse

and there have some order book will added in for this coming quarter report.. and management also mentioned that to issue warrant in order to award shareholder because of their strongly supports, this company management is doing good as we can see their hardworks to make it better.

camel

316 posts

Posted by camel > 2016-04-27 14:06 | Report Abuse

sure , buy.

Posted by M Amri Hj Husin > 2016-04-28 09:50 | Report Abuse

bonus shares and warrants... when can we get it?

camel

316 posts

Posted by camel > 2016-04-28 14:42 | Report Abuse

wait for Ex-date.

JinAurora

401 posts

Posted by JinAurora > 2016-04-29 13:06 | Report Abuse

Solutn annual report out, cold eye still be the 4th biggest shareholder.. If this company is not good enough, I don't think he will hold more than a year :)

Up_down

4,362 posts

Posted by Up_down > 2016-05-16 12:36 | Report Abuse

Any news on its construction of new workshop???


PUCHONG: Solution Engineering Holdings Bhd expects to register a huge jump in earnings to over RM6 million for the financial year ending Dec 31, 2015 based on an internal revenue projection of RM42 million.

According to its managing director Lim Yong Hew, the profit growth will be driven by increased sales, as it is confident it will bag RM30 million worth of contracts in the second half of the year.

"This would bring our total order book to RM50 million by then," he told SunBiz in a recent interview.

For the financial year ended December 31, 2014, Solution Engineering saw a five fold surge in net profit to RM3.66 million compared with RM740,000 a year before.

Solution Engineering is involved in engineering equipment, lubricants, automation and biotechnology segments.

Last year, the engineering equipment division, which provides technical training equipment to the education industry, contributed 80% to the group's top line.

Lim said the group is looking to form strategic partnerships with government agencies in a bid to grab more opportunities within the engineering equipment business.

Solution Engineering also has plans to increase contribution from overseas markets which currently make up 15% to 20% of the group's revenue.

Lim hopes to increase it to at least 50% in the next few years.

The company has a presence in Southeast Asia, Bangladesh, Pakistan, the Middle East and Africa, covering 35 countries. The Middle East and Africa are deemed as the most promising overseas markets.

Over the longer term, Lim said the group has plans to venture into North and South America.

"We've to cover the whole world, but we've to identify the right partners and agents," he noted.

Going forward, Lim said the group is committed to improving its research and development (R&D) capability to come out with new products as well as increasing production capacity and facility.

Last year the group registered a lower net profit margin of 10%, due to the employees' share option scheme (ESOS) cost.

"Quite a number of our projects have a gross margin of 40% to 50%, but after deducting the operating expenditure, tax and finance charges, then it comes out to be around 15% before incurring the ESOS cost," Lim said.

The group is also looking at potential acquisitions, but nothing has materialised as yet.

"We've been approached by foreign companies, but that was out of our affordability range. It's still at preliminary stage, but we've initiated the discussion," he said.

Lim is hoping that the group could embark on one or two acquisitions, in its quest to move to the main board.

"We hope to have one in electrical and electronic, one in mechatronic, so this would complement our existing product range. But we (won't pressure ourselves), the acquisitions must be synergistic to the current business," he added.

Lim said the company's new 35,000 sq ft workshop will be operational by 2016 as construction work on it will begin soon. Partial funding for the workshop has been secured, with land and construction cost to range between RM10 million and RM15 million.

"We'll relocate our operation here (Puchong) to the new workshop upon completion," he noted.

With the new plant, Lim said the group's production capacity will more than double with full utilisation rate.

On challenges, he pointed out that Malaysian products are not widely accepted due to some perception issues, hence it may take some time to change the market mindset. "We position ourselves as a mid-range player, not too high end," he added.

JinAurora

401 posts

Posted by JinAurora > 2016-05-18 18:21 | Report Abuse

this big player collect share and press it for few days already... the explosion should be quite high later on :) the warrant and bonus release date will be announced on June..

JinAurora

401 posts

Posted by JinAurora > 2016-05-23 13:50 | Report Abuse

rock and roll, heading to 0.5 :D

VenFx

14,784 posts

Posted by VenFx > 2016-05-23 14:03 | Report Abuse

Congrats Jin bro.
Nice pick.

JinAurora

401 posts

Posted by JinAurora > 2016-05-23 18:52 | Report Abuse

Hi Bro Venfx, you can consider here since here is not so crowded :D

JinAurora

401 posts

Posted by JinAurora > 2016-05-25 19:23 | Report Abuse

Wow Solutn report out, eps 0.93... Improved 40%!!

justanoob

94 posts

Posted by justanoob > 2016-05-25 20:01 | Report Abuse

but revenue drop 30%

Posted by Edwardong53 > 2016-05-25 21:29 | Report Abuse

If I am not wrong, Basic EPS (sen) for 2014 = 1.864 and Dec2015 = 2.726 (sen and not in RM), The difference is increase of 0.862 SEN (and NOT 86 sen or RM0.86).

JinAurora

401 posts

Posted by JinAurora > 2016-05-26 09:13 | Report Abuse

Hi justanoob, please refer few quarter previously... The revenue are already on the lower range but they cut their management cost efficiency :)

avanza

15 posts

Posted by avanza > 2016-05-26 16:51 | Report Abuse

foreign mutual fund

JinAurora

401 posts

Posted by JinAurora > 2016-05-26 22:13 | Report Abuse

yes avanza, Jpmorgan also is foreign mutual fund

JinAurora

401 posts

Posted by JinAurora > 2016-05-31 20:41 | Report Abuse

tomorrow is solutn AGM, hope can bring some good news :)

gelong

1,737 posts

Posted by gelong > 2016-05-31 22:57 | Report Abuse

It,s gonna be an active stock tomorrow.

vxpoison

1,906 posts

Posted by vxpoison > 2016-05-31 23:08 | Report Abuse

from the chart... looks like the price will fill up the gap between 0.350 to 0.370 in the coming days. just stay cautious.

Kukuman

2,118 posts

Posted by Kukuman > 2016-05-31 23:10 | Report Abuse

Quickly load up your stock if you like adreline rush through your blood

gelong

1,737 posts

Posted by gelong > 2016-05-31 23:34 | Report Abuse

mau kasi bonus and warrant free pun tak mau beli ka?

gelong

1,737 posts

Posted by gelong > 2016-06-01 09:48 | Report Abuse

so lotion

Josephine Ong

1,001 posts

Posted by Josephine Ong > 2016-06-01 16:57 | Report Abuse

shooting up tomorrow

rocket

1,193 posts

Posted by rocket > 2016-06-01 17:13 | Report Abuse

Today AGM right ? Anyone here attended .. Can share info or not ?

JinAurora

401 posts

Posted by JinAurora > 2016-06-01 20:19 | Report Abuse

Hi rocket, dunno what is the info about the meeting just now, but announcement already mentioned that warrant and bonus already confirmed, i think next few days will announce the date :)

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