Again, achieved new highs in revenue and profit merely with 9 months results. FY14 top line is forecasted grow 55.7% yoy reaching ~RM165m. MVS-S: resilient 3Q14 order despite seasonality weakness. 4Q14 revenue is forecasted to be ranging RM9-10m. Demand is expected to pick up from 2Q15 onwards. MVS-T: YTD 9M14 sales more than doubled (+173.7%) yoy and 4Q14 sales expected to be between RM6-8m. ABI: 3Q14 fell dragged by disappointment in PCB. 4Q14 revenue forecast is estimated to be RM20m while carry forward backlog into 1Q15 will be higher than in 2H14. By summing the mid-points of those guidance, 4Q14 sales could potentially grow 30.4% yoy to RM36.5m. Confident to extend its pioneer status / tax exemptions which will end in 1Q15. Reiterate BUY with unchanged TP of RM3.17, pegged to 1SD above 5-year historical average P/E multiple of 16.2x.
Yesterday was as good as you get. They have purchased large piece of land building factories and r&d. Only company with vision and confidence will do this. This one is for long term. Want trading also good because this is beta stock like inari but not many notice this. Can easily get back to 2.8 when there is good result. When market sentiment back will trade between 2.43 to 2.69 range
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 361 views | 2 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 11696 views | 10 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Luckyguy
72 posts
Posted by Luckyguy > 2014-11-13 09:32 | Report Abuse
going to surpass Inari very soon.