SANICHI TECHNOLOGY BHD

KLSE (MYR): SANICHI (0133)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.015

Today's Change

0.00 (0.00%)

Day's Change

0.015 - 0.02

Trading Volume

13,966,400


25 people like this.

15,016 comment(s). Last comment by whistlebower99 1 month ago

Posted by REDbullHenG > 2016-10-03 09:09 | Report Abuse

cheap sales 7c or 6.5c .....Q buys ,,warehouse clearence

HowIn

226 posts

Posted by HowIn > 2016-10-03 17:32 | Report Abuse

dont worry someone buying in large lot.. optimistic hints

0008

1,603 posts

Posted by 0008 > 2016-10-03 23:28 | Report Abuse

Haha ! Howin , hopefully this week will reach 0.06-0.065 !
Happy trading !

stncws

10,711 posts

Posted by stncws > 2016-10-04 14:18 | Report Abuse

GONE SELL NOW!

Posted by greyinformant > 2016-10-04 15:22 | Report Abuse

received info from remisers that they r going to goreng this up soon. wait and see whether real.

stncws

10,711 posts

Posted by stncws > 2016-10-04 15:26 | Report Abuse

check 4pm

accure

66 posts

Posted by accure > 2016-10-04 15:39 | Report Abuse

big volume selling...runnn

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-10-04 15:50 | Report Abuse

0.075, before conso, actually sanichi now actual price is only 0.0187 if you divided four
0.0187 at today price is more lower than many china penny stock lower than maxwell which under pn17 counters
so Mara is sleeping , sanichi every qr keep matain net profit and fa keep growth also meaningless
so this is a good counter ? I also abit not sure now
last time I very like sanichi because keep growth counter , Mara supports seem got future , potential is powerful

Posted by REDbullHenG > 2016-10-04 15:55 | Report Abuse

so cheap less than 2cents,,,so q lower.

accure

66 posts

Posted by accure > 2016-10-04 16:08 | Report Abuse

bad qr?

Risk Trader

3,942 posts

Posted by Risk Trader > 2016-10-04 16:49 | Report Abuse

Wait to below 0.07 cent to buy back...

Posted by stupid_investor > 2016-10-04 17:01 | Report Abuse

Play progressive contra you are going to make money,
Angie I told you so many time do not subscribe the RI why you never listen?
if you sold the mother shares and buy back now you make at least double.

Posted by stupid_investor > 2016-10-04 17:05 | Report Abuse

never listen to people same boat with you because those are idiots, otherwise they should have made a lot of money. But they lost more than you. including the moron who tried to be smart.

0008

1,603 posts

Posted by 0008 > 2016-10-04 18:30 | Report Abuse

Haha ! Risk trader suddenly become smart oledy ! Happy trading !
haha

Risk Trader

3,942 posts

Posted by Risk Trader > 2016-10-04 21:37 | Report Abuse

Super low already....stanby bullet to buy back

Hubline

60 posts

Posted by Hubline > 2016-10-04 21:39 | Report Abuse

Low can get lower. Lowest is 0.5 sen like Hubline.

Hubline

60 posts

Posted by Hubline > 2016-10-04 21:42 | Report Abuse

stupid_investor UMW OG C7 also not at lowest price. 0.5 sen is.

firehawk

4,783 posts

Posted by firehawk > 2016-10-05 10:41 | Report Abuse

mr. phang operates this song song ... his main job now

djibaok

1,183 posts

Posted by djibaok > 2016-10-05 12:34 | Report Abuse

phang and mah together-gether in this boat

Posted by REDbullHenG > 2016-10-05 14:45 | Report Abuse

show times......

Shauns

212 posts

Posted by Shauns > 2016-10-05 14:47 | Report Abuse

I have bought them at 7.5 Sen and thanks Mr P !!

Posted by REDbullHenG > 2016-10-05 14:59 | Report Abuse

Q 6.5 cents ...safe heavens.

Shauns

212 posts

Posted by Shauns > 2016-10-05 15:01 | Report Abuse

Try the luck to buy them at 7 Sen by being queueing in a month time !!! Cheer !!!

Posted by Jonathan Keung > 2016-10-05 15:03 | Report Abuse

between AAX (39.5) and Sanichi (7,5). I take a shot at Sanichi. I hope my intuition is correct

Posted by REDbullHenG > 2016-10-05 15:03 | Report Abuse

contra plays....goood

Hunter2016

319 posts

Posted by Hunter2016 > 2016-10-05 15:04 | Report Abuse

heading 0.05

Hubline

60 posts

Posted by Hubline > 2016-10-05 15:14 | Report Abuse

Sanichi drop still not over. As expected lower can become lower. Until Hubline 0.5 sen that is the lowest.

Hubline

60 posts

Posted by Hubline > 2016-10-05 15:15 | Report Abuse

stupid_investor UMW OG C7 also drop today so he is not smart after all.

Hubline

60 posts

Posted by Hubline > 2016-10-05 15:21 | Report Abuse

Pang, Mah already run why so many still here? stupid_investor ask is it?

Posted by cari_makan > 2016-10-05 15:21 | Report Abuse

7cents now....holy cow!

Hubline

60 posts

Posted by Hubline > 2016-10-05 15:22 | Report Abuse

When no money ask for your money even directors cannot tahan ikan bilis can?

Posted by Raymondlimrf99 > 2016-10-05 15:25 | Report Abuse

What happened to this share? Keep dropping.

djibaok

1,183 posts

Posted by djibaok > 2016-10-05 15:41 | Report Abuse

ikan billis power.... we go to 5 sen

Posted by stupid_investor > 2016-10-05 15:42 | Report Abuse

Yes let's play contra 7 cts see how. hehe

davidkkw79

5,068 posts

Posted by davidkkw79 > 2016-10-05 15:52 | Report Abuse

Your umwog c-7 has gone to Holland liao, you still want to play contra with Sanichi ?!

Royee

5 posts

Posted by Royee > 2016-10-05 16:01 | Report Abuse

This counter know how to make money from the shareholders only ! Right issue , reduction capital , right issue , please refer to the co record .

Risk Trader

3,942 posts

Posted by Risk Trader > 2016-10-05 16:20 | Report Abuse

Q buy 7 cent....still not match

davidkkw79

5,068 posts

Posted by davidkkw79 > 2016-10-05 16:33 | Report Abuse

Dont worry, stupid_investor will sell to you soon

stncws

10,711 posts

Posted by stncws > 2016-10-05 16:49 | Report Abuse

Manufacturing, property development set to boost Sanichi Technology’s profit
BorneopostSat, Sep 03, 2016

KUALA LUMPUR: Sanichi Technology Bhd’s manufacturing and property development activities are set to boost its topline and profitability going forward.

Research house SJ Securities Sdn Bhd sees enough positive in the company to give it an overweight rating, which means the capital appreciation and dividends of the stock is expected to exceed 15 per cent over 12 months.

In its research report dated Aug 29, on Sanichi, SJ Securities also had a target price of 14 sen with an estimated financial year ended June 30, 2017 Earning Per Share of 1.74 sen and forward Price Earnings Ratio of eight times.

The 14 sen target price is a potential upside of 75 per cent against a market price of eight sen.

If SJ Securities is right, it means the shares have hit bottom and is now set to rebound after having a difficult past few years.

SJ Securities expects Sanichi’s revenue to jump by a staggering 171.26 per cent to RM116.1 million in the financial year ending June 30, 2018, from RM42.84 million in financial year 2015.

However, the Group’s revenue fell to RM 36.705 million for the year ended June 30, 2016, representing a decrease of about 14 per cent as compared to the preceding corresponding period.

Sanichi explained that the main reason for the Group’s lower revenue performance for the year was mainly due to higher gross margin requirements as part of project selection for the mould business segment as compared to the preceding year.

Still, the Group achieved a pre-tax profit and after tax profit of RM6.972 million and RM 3.942 respectively for the financial year 2016, which is higher compared to RM2.190 million and RM 2.990 million respectively for the preceding financial year 2015.

In the SJ Securities research report, the broking house anticipated impressive growth for Sanichi over the next couple of years, weighing on sustainable demand for plastic injection mould and additional contribution from the property segment.

The report also pointed out that at eight sen a piece, Sanichi is trading at 187.5 per cent below its Net Tangible Asset value per share of 23 sen.

In the Financial Overview, the research house found that Sanichi’s top line (or revenue) soared 91.1 per cent to RM42.84 million in financial year 2015, from RM22.41 million in financial year 2014 .

Sanichi’s revenue escalated at 114.6 per cent three-year CAGR from year 2013, when the Group returned to the black.

Sanichi had a net cash position in financial year 2015, mainly attributable to the substantial repayment of its borrowings.

As at FY15, it had only RM2.17 million of unsecured restructured term loans, after settling RM8.70 million restructured term loans.

The net cash reserve of Sanichi stood at RM17.3 million as of the third quarter of financial year 2016, and is set to increase again after its recent renounceable rights issue which was successfully completed on July 29, 2016 and raised RM62.95 million.

However, Sanichi has no plans yet about rewarding shareholders with a dividend.

“We don’t have any plans for a dividend at the moment. But we will consider next year our profit target, and the board of directors will also look at paying the dividend to shareholders,” said Chief Executive Officer Datuk Seri Jacky Phang.

Sanichi has two business segments, the first being a manufacturer of precision plastic injection moulds and also design and fabricate precision moulds and tooling.

Its products range from cosmetic parts for vacuum cleaner, washing machines, refrigerators, printers, air-conditioners, medical equipment and others) to mechanical parts (pulley motors, gears, bearings, feed rollers and clampers among others.

Sanichi has a portfolio of 110 customers, comprising both local and foreign corporations spanning across various industries and its big clients include BMW, Audi, Mercedes, Toshiba, Panasonic and Hitachi among others.

The automotive sub-segment is currently the largest revenue contributor.

Sanichi is also multi-national company with a presence in China, Germany, France, Indonesia, Japan, Mexico, Singapore, Spain, Thailand and Vietnam.

Sanichi’s manufacturing segment has 130,000 sq ft manufacturing facilities with a 40,000 sq ft built-up area and an annual capacity of 240 moulds at a value of RM21.6 million.

The maximum plastic injection mould size is able to cater up to 1,600 tonne injection (20 tonne for mould weight).

As it is running at 100 per cent capacity and to cater to the excess demand, Sanichi is building a new factory which aims to double its operational capability by year-end.

In 2014, Sanichi ventured into a second segment, namely property investment and development.

Sanichi is planning to officially launch its maiden project, Marina Point in the second half of 2016.

This RM197 million Gross Development Value (GDV) project is a freehold mixed development located in Klebang, Malacca, over 93,34

Posted by stupid_investor > 2016-10-05 16:50 | Report Abuse

yes Mr Ah Kow at the moment my paper lost for C5 is slightly more than 10K. that's why i play Sanichi again just now bought 7.5 x 400 lot.

Hunter2016

319 posts

Posted by Hunter2016 > 2016-10-05 16:57 | Report Abuse

new low..

Posted by Jonathan Keung > 2016-10-05 19:59 | Report Abuse

SJ report is very positive on sanichi but today market discounted. Sanichi needs to perform after their rights. everybody eyes the property segment ( hopefully brings the much needed cheer ) to the shareholders

Wow123

1,971 posts

Posted by Wow123 > 2016-10-05 20:23 | Report Abuse

sanichi dah pn17

Risk Trader

3,942 posts

Posted by Risk Trader > 2016-10-05 20:44 | Report Abuse

Is time to accumulate more Sanichi...will rebound soon

Haha

413 posts

Posted by Haha > 2016-10-05 21:07 | Report Abuse

bottom already ...

davidkkw79

5,068 posts

Posted by davidkkw79 > 2016-10-05 21:16 | Report Abuse

Sanichi definitely is a speculating stock, better don't touch it, cause it will just continue going down to 5sen.

pong7

49 posts

Posted by pong7 > 2016-10-05 21:58 | Report Abuse

this stock is too heavy to move an inch ...... is a con !

Posted by stupid_investor > 2016-10-06 09:33 | Report Abuse

Why so quite waiting for good news?
queue 7 cts 300 lots yesterday got around 100 lots

Posted by stupid_investor > 2016-10-06 11:32 | Report Abuse

Sanichi is simply the best provided you bought at low low cost such as 7.5 and below.
if your cost is > 14 cts average then i can only say sorry, you need to wait for a life time in order to make money.

Post a Comment
Market Buzz