Posted by danchong > 2023-07-05 11:13 | Report Abuse

Pantech is more a downstream oil & gas company. The revenue is mainly affected by the outlook of oil & gas companies. However, I believe a substantiate portion of the revenue comes from maintenance of existing facilities.
There is a reduction in revenue in the last quarter and hope that it has stabilized at current level. With 400mil inventory, 11% ROE is amazing.

Fundamentally, the company balance sheet is healthy. It is sitting on 177m cash and the gearing has improved from .31 to .28. A big portion of the loan is bankers' acceptance to facilitate trading. high dividends pay out should be sustainable. I don't understand why the management decided to reduce the trade payable by 105m last quarter?!?

I don't see much growth in the company. PSI & PSA are at 90% but company did not propose any extension plan. Not expecting much contribution from the newly acquired UPE and cost saving from the newly installed solar system. Just wish for a steady performance similar to last year.

At current price, there is still chance to make money.

Posted by Asria > 2023-07-12 09:39 | Report Abuse

Esos again

Posted by danchong > 2023-07-12 11:26 | Report Abuse

The ESOS shall be in force for a duration of ten (10) years from the date of commencement from 23 January
2017.
You will see ESOS until 2027. Ha ha

Posted by lee0909 > 2023-07-25 08:53 | Report Abuse

有人明天一起去股东大会的吗？

Posted by danchong > 2023-07-25 18:51 | Report Abuse

lee0909, I'll be attending the AGM tomorrow.

Posted by ooihk899 > 2023-07-25 20:21 | Report Abuse

danchong, appreciate if you could share the important info in AGM.🙂

Posted by ooihk899 > 2023-07-26 17:45 | Report Abuse

Well, another good QR, another fat dividend declared.😁

Posted by Qwertyuiop > 2023-07-26 18:02 | Report Abuse

2 dividend payments for coming Sep and Oct. Niceeeee

Posted by katara > 2023-07-26 19:55 | Report Abuse

29/8 1.5sen
27/9 1.5sen

Posted by ooihk899 > 2023-07-26 21:47 | Report Abuse

Bro, that is ex-date, divy pay date are 12 Sep n 20 Oct

Posted by danchong > 2023-07-27 09:45 | Report Abuse

I attended the AGM yesterday. The attendance is much better than last year with a generous door gift of RM50 voucher each. My general observation is that the sentiment of management is upbeat in maintaining the past two years performances and has no aggressive growth plans at this juncture.

From the first QR, we can see that the company financial positions are solid, it is good to further consolidate at this time of uncertainty. I'm happy to enjoy 1.5sens dividend per Q in the meantime.

Posted by ooihk899 > 2023-07-27 09:57 | Report Abuse

Thank you very much for your valuable info. Seem like we'll be
collecting 6 sen dividend this year.😁💰💰💰

Posted by sense maker > 2023-07-27 16:36 | Report Abuse

Price drops. Market still deems it as a routine, cyclical steel stock.

Posted by Asria > 2023-07-28 08:37 | Report Abuse

Esos again

Posted by Moolala > 2023-07-29 08:46 | Report Abuse

Thx a lot danchong, good info

Posted by keithtrade > 2023-08-01 19:50 | Report Abuse

A good solid company

Posted by keithtrade > 2023-08-01 19:52 | Report Abuse

With a PE of less than 6, no debt and a yield of more than 7.5% its one to hold for income long term.

Posted by keithtrade > 2023-08-01 19:53 | Report Abuse

Nothing wrong with ESOS if staff and company performing well let them get there rewards as shareholders also being rewarded

Posted by patrick5612 > 2023-08-01 20:14 | Report Abuse

still got vacancy?

Posted by moneySIFU > 2023-08-04 13:43 | Report Abuse

Esos is just a very small portion if compared to daily transactions of shares. No need to worry

Posted by moneySIFU > 2023-08-04 13:43 | Report Abuse

Emmm….. company started buying back shares, interesting

Posted by moneySIFU > 2023-08-04 17:39 | Report Abuse

PE Ratio = 6.01 Times
Dividend = 6 cents.
Dividend Yield = 6/83= 7.2%

Net Profit Margin = 11.39%
ROE = 13.8%

Posted by moneySIFU > 2023-08-04 17:53 | Report Abuse

With this calculation, it is safe to hold with expectation of decent returns

Posted by AyamTuaTua > 2023-08-04 19:01 | Report Abuse

RM2 in making. Pastu tuju langgit.... Ki. ki. Ki ..

Posted by moneySIFU > 2023-08-07 12:09 | Report Abuse

Thanks for sharing, danchong
------------------------
danchong

I attended the AGM yesterday. The attendance is much better than last year with a generous door gift of RM50 voucher each. My general observation is that the sentiment of management is upbeat in maintaining the past two years performances and has no aggressive growth plans at this juncture.

From the first QR, we can see that the company financial positions are solid, it is good to further consolidate at this time of uncertainty. I'm happy to enjoy 1.5sens dividend per Q in the meantime.

1 week ago

Posted by bojed > 2023-08-07 12:40 | Report Abuse

Looking very good.

Posted by Moolala > 2023-08-07 13:49 | Report Abuse

wonder where those esos complainers gone to

Posted by AyamTuaTua > 2023-08-08 07:34 | Report Abuse

Sama Sama Kami Naik rocket tuju langit

Posted by speakup > 2023-08-08 07:48 | Report Abuse

did someone say Rocket? oh yeah, undi DAP rocket ya!
UNDI PAKATAN HARAPAN sabtu ni!

Posted by speakup > 2023-08-08 07:52 | Report Abuse

if u undi PN and PN menang, bursa malaysia dah sure 100% guarantee crash! pantech drop back to 30sen!
so UNDILAH PAKATAN HARAPAN so that DAP rocket will push up your Pantech higher and higher!

Posted by bojed > 2023-08-08 10:41 | Report Abuse

Pantech's holding up nicely so far.

Hopefully more volume will come in as it's clear that Pantech has been riding on TF1H since yesterday.

Posted by bojed > 2023-08-10 17:06 | Report Abuse

What a beautiful closing for T3.

Tomorrow might retest ATH+52wh?

Let's go!

Posted by sense maker > 2023-08-11 18:17 | Report Abuse

Selling pressure is there. It’s unlikely to increase meaningfully till the 2 structured warrants expire, I think.

Posted by bojed > 2023-08-14 16:08 | Report Abuse

Feels like left hand-right hand game is taking place since last week.

Posted by sense maker > 2023-08-14 17:32 | Report Abuse

Profit-taking as this price is at around its all-time high?

Posted by bojed > 2023-08-14 20:42 | Report Abuse

Tomorrow might be positive as Pantech still manages to close above ema7 with a doji candle despite heavy profit taking for the past two trading days.

Posted by bojed > 2023-08-16 14:26 | Report Abuse

Descending triangle pattern has been formed. If Pantech closes below ema7 or below 0.84, consider it bearish.

Posted by bojed > 2023-08-16 17:43 | Report Abuse

Closed at 0.835... its daily candle is exactly on ema7 right now. I'm 50-50 on Pantech right now.


Hourly chart doesn't look good.

Posted by sense maker > 2023-08-16 18:06 | Report Abuse

I guess there are about 10m esos unexercised. After exercise, grantees could sell for quick and handsome profits.
The bigger issue may b the yearly RM10m director remuneration. 3 rather-senior directors may need to slowly hand over to next generation so the company continues to grow at good pace.

Posted by Asria > 2023-08-17 08:59 | Report Abuse

Esos again

Posted by Asria > 2023-08-17 09:02 | Report Abuse

after Esos doing share buy back

Posted by Asria > 2023-08-17 09:02 | Report Abuse

after share buy back doing Esos again

Posted by bojed > 2023-08-17 12:29 | Report Abuse

Pantech has already broken its descending triangle's floor. If it closes lower than 0.835, there's a high probability downtrend is on its way.

From what I see, there are attempts to push the price up a bit but with very little volume, followed by large selling volume, as if the push up of price is superficially done to allow selling at a favorable price.

Posted by bojed > 2023-08-17 18:17 | Report Abuse

Closed below ema7 and below its trend line floor.

Adios.

Posted by sense maker > 2023-08-21 17:06 | Report Abuse

Pantech’s PE multiple is currently akin to steel counter at single digit but today all steel counters shot up but Pantech share price didn’t move up.

Posted by Asria > 2023-08-22 08:57 | Report Abuse

Esos again

Posted by bojed > 2023-08-23 14:28 | Report Abuse

Pantech has BO from its descending channel today at 0.83. Hopefully it will close at least at this price.

Posted by bojed > 2023-08-24 12:33 | Report Abuse

0.855 as of 12.30pm YEEEEHAAAAA!!!

Posted by Asria > 2023-08-25 10:34 | Report Abuse

Esos again

Posted by bojed > 2023-08-28 16:04 | Report Abuse

YEEEEEEEEEEEEEEHHHHHHHHHHAAAAAAAAAAAAAAAAAA!!!!!!!!!!