Posted by Canon Preview > 2015-04-08 14:17 | Report Abuse

Please keep buying .... Mi Pad , some more ZEN Phone 2 ....new launch in China ... will come to Malaysia Soon .... performance got to touch RM2..... go go go !

Posted by superman11 > 2015-04-09 08:08 | Report Abuse

Div yield also expected to raise on this year?

Posted by ykgykg > 2015-04-09 18:24 | Report Abuse

Strong balance sheet and Roe more than 10.Trong management team with well known Chairman.

Posted by pjforsuccess > 2015-04-13 16:08 | Report Abuse

why today drop ?

Posted by superman11 > 2015-04-13 16:49 | Report Abuse

discount price for u mah.. promotion.

Posted by Ahmad Syahiddin > 2015-04-15 09:58 | Report Abuse

is it ok? uptrend ya?

Posted by superman11 > 2015-04-17 11:38 | Report Abuse

up up up...

Posted by ongutm > 2015-04-18 11:03 | Report Abuse

i am coming...RM 2.20

Posted by HandOfMidas > 2015-04-18 11:07 | Report Abuse

down down down.let me collect :D

Posted by ongutm > 2015-04-18 11:11 | Report Abuse

no way...you already miss the train

Posted by HandOfMidas > 2015-04-22 14:55 | Report Abuse

ecs gonna fly soon.QR on 7 MAY!!!

Posted by chengtlc > 2015-04-30 17:04 | Report Abuse

HandOfMidas -> why 7th May? any special ?

Posted by HandOfMidas > 2015-05-04 04:52 | Report Abuse

quarter report out on 7th may expected to be good.

Posted by Invest123 > 2015-05-05 21:00 | Report Abuse

Don't expect price to go up much

Posted by tksw > 2015-05-06 08:53 | Report Abuse

EPS if maintain like last year same quarter = 2.7 sen, can buy or not? If increase 50% = 4.05 leh?

Posted by HandOfMidas > 2015-05-06 13:48 | Report Abuse

no transaction today?lol

Posted by tksw > 2015-05-06 16:04 | Report Abuse

nobody want.

Posted by pathew > 2015-05-07 10:20 | Report Abuse

abcb, what corp exercise?

Posted by Voon Choon Foo > 2015-05-07 11:55 | Report Abuse

today maybank research write a "special feature" detail research on ECS after kenanga in march. They say ECS fair value at least 2.0. today finally break new high. more to go as good result and dividend is coming soon ~

Posted by Invest123 > 2015-05-07 12:47 | Report Abuse

Better don't chase!

Posted by RosmahMansur > 2015-05-07 14:02 | Report Abuse

Old news, i am not surprised by Maybank's research

Posted by icetwink > 2015-05-07 14:05 | Report Abuse

Bright future & net cash company. Great..

Posted by dfsbipohsch > 2015-05-07 14:25 | Report Abuse

Hot Stock
ECS ICT rises 4.91% on positive growth outlook

KUALA LUMPUR (May 7): Shares of ECS ICT Bhd ( Financial Dashboard) rose 4.91% in the morning session today after Maybank IB Research forecast a 10% 3-year FY14-17EPS CAGR for the company on the back of a 5% per annum revenue growth and a slight expansion in blended profit margins on new mobility products (smartdevices) offerings and recovery in Enterprise Systems distribution.

At 12.30pm, ECS (Fundamental: 2; Valuation: 2.40) gained 8 sen to RM1.71 with 901,800 shares traded.

Maybank IB, which has a fair value of RM2 on ECS ICT but no rating on the stock, said that ECS was a beneficiary of ICT spending in the country, which International Data Corporation (IDC) expects to be sustained well above the US$10 billion mark this year, driven by increasing hardware and software sales and ICT-related services.

In a note today, Maybank IB said IDC also expects smartphone sales to grow by 8% to US$2.4 billion in 2015.

“What is positive also is that ECS is in talks with several other global smartdevice (ie smartphones, tablets and wearables) brandowners to further expand its smart devices portfolio.

“Valuations are undemanding with the stock trading at an historical FY14PER of 10x versus a peer average of 13.6x,” he said.

The research house said that in fact, on stripping out ECS’s net cash of 50 sen per share, valuations are even more attractive at an FY15 PER of just 6.3x on an ex-cash basis.

“Our RM2 fair value (+23% upside) pegs ECS’ valuations to a CY15 PER of 11.3x, a 25% discount to that of the Bursa Malaysia Technology Index,” it said.

(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)

Posted by Invest123 > 2015-05-07 15:22 | Report Abuse

Too high already

Posted by Voon Choon Foo > 2015-05-07 15:45 | Report Abuse

lets us see how it goes ~

Posted by speakup > 2015-05-07 16:00 | Report Abuse

ECS ICT celebrate 30 year anniversay will reward all their staff with 6 month bonus!

Posted by speakup > 2015-05-07 16:04 | Report Abuse

ECS ICT shareholders already make big money. Now time to reward their staff with 6 MONTH BONUS!

Posted by cyeec2000 > 2015-05-07 18:03 | Report Abuse

Quarters result will be announced on today?

Posted by ahson > 2015-05-07 19:04 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4730197

Posted by ahson > 2015-05-07 19:04 | Report Abuse

EPS 5.2 cent. congratz all shareholders. Cheers. If PE10 then price should be rm1.90 at least.

Posted by Invest123 > 2015-05-07 23:53 | Report Abuse

Wait and see!

Posted by Voon Choon Foo > 2015-05-08 00:47 | Report Abuse

this time come real liao... EPS 5.2 cent.. let say give them whole year earn 0.20 EPS.. X pe 10 also got 2.0 already... not saying got so many cash about 0.50 per share...

Posted by icetwink > 2015-05-08 08:41 | Report Abuse

Net profit almost double up, GOOD result.

Posted by HandOfMidas > 2015-05-08 11:38 | Report Abuse

lol,funny lor. 6 of may almost cant see the transaction.7 may and 8 may only all rush to buy.the result of this QR is already expected to be high ma.haha

Posted by speakup > 2015-05-08 11:39 | Report Abuse

it's call the REBUT syndrome. sometimes called KIASU syndrome :-) ppl like to REBUT.

Posted by speakup > 2015-05-08 11:40 | Report Abuse

when down they dont buy. when up they REBUT! totally opposite to Warren Buffet.

Posted by joshuacfy > 2015-05-08 11:42 | Report Abuse

speakup...like that only the people who buy cheap can earn....

Posted by speakup > 2015-05-08 11:54 | Report Abuse

macam frontkn.
bila 18sen, tak nak beli. gua Speakup beli.
bila 28sen, semua rebut beli.

Posted by speakup > 2015-05-08 11:56 | Report Abuse

cliq pun sama.
bila 64sen, tak nak beli. gua Speakup beli.
next year April, bila 72sen, semua rebut beli......

Posted by Invest123 > 2015-05-08 22:03 | Report Abuse

Beauty of the beast, share market

Posted by yiqqre > 2015-05-08 22:22 | Report Abuse

http://www.chinapress.com.my/node/620282

Posted by xiaoqiang > 2015-05-09 07:41 | Report Abuse

Next week fly

Posted by dfsbipohsch > 2015-05-09 10:52 | Report Abuse

ECS unveils new strategy
Saturday, 9 May 2015
By: CHERYL POO

Distributor to drive smartphone sales in tier 2 cities such as Malacca and Seremban

ABOUT a year ago, ECS ICT Bhd had expressed hopes of being a top three distributor of smartphones in Malaysia and doubling sales in its mobility division within the year.

“Currently, our smartphone market share is still in the single digit so there is plenty of room for growth,” chief executive officer Soong Jan Hsung tells StarBizWeek.

Soong, who was promoted to the role on Jan 1, was previously deputy CEO of the company and had risen in rank and file to several managerial positions since joining a subsidiary of the company as a sales executive 28 years ago.

One of Soong’s strategies to widen the company’s distribution of smartphones is to plant more resources in tier 2 cities like Malacca and Seremban.

Mobile markets in these areas need sufficient sales coverage, he says.

“Buyers want their handphones on the spot as they wouldn’t travel outstation to buy one. Also, this is unlike buying a printer or personal computer, where the customer doesn’t mind waiting a day or two.”

In doing so, ECS, Malaysia’s largest distributor of ICT products, is taking advantage of the growth in ICT-related small and medium enterprises. These resellers make up some 20%-30% of the industry’s distribution channels in the country, Soong says.

Warehoused in Kuala Lumpur and Penang, ECS is aiming to set up more satellite warehouses in Johor Baru , Kuantan, Kuching and Kota Kinabalu.

According to ICT reports, Samsung ranks top in Malaysia for smartphone brands, followed by Lenovo, Asus and Apple.

Generally, different brands cater to different market segments, Soong says, with the middle and lower end consumer groups responding most positively to Asus and Lenovo, while Apple and Samsung remain the higher end brands.

Changes in the ICT sphere

“Over the decades, we experienced the different phases of IT, from personal computers and printers to the dotcom and browser era, to now mobile products,” he says.

In time to come, mobility products will take a backseat as “wearables” take their place in the domestic market, followed by IOT (Internet of things) products.

“Malaysia isn’t ready for IOT yet. Perhaps in two to three years,” Soong says.

“We are monitoring the trend so that when the time comes, we will be early adopters. As the smartphone penetration in Malaysia only stands at 53%, mobility devices will have a further good three- to five-year run, Soong says.

“Many areas still don’t have broadband. But as more infrastructure is being put into place, demand for mobility devices will grow. The Malaysian Communications and Multimedia Commission (MCMC) is pushing hard for it.”

Reports show that growth in the domestic ICT industry charted strong growth of almost 9% from last year, Soong says.

“The growth was organic and we are hoping for new product lines to be launched.”

Currently, ECS, which is also present in Indonesia, Singapore, China, Thailand and the Philippines, distributes about 40 brands ICT products including Microsoft, Cisco, Asus, Apple as well as enterprise product software for mainframes and such.

To thrive in a business where changes are constant, staying relevant is key.

“We can’t just sell our products in a box. Clients need solutions and those are the value-added service we provide,” Soong says.

“Many years ago, enterprise purchases were big but the (non-consumer) market had not been spending very much in the last two years. That is why we started to dig deeper into the consumer market to cover our shortfall. We would like to increase our market share through the various brands we carry.”

ECS also supplies to online retailers like Lazada.

“Tier 1 and tier 2 cities tend to respond positively to the trend, while rural areas are more likely to only catch up in a few years’ time,” Soong says.

Industry challenges

Hiring good and capable people has always been a challenge, Soong says.

“Understandably, this is a challenge in all industries. While we don’t have an issue hiring good technicians, it’s hard to get good sales personnel.

Governmental initiatives to attract more talent into the ICT industry have developed good technicians although not necessarily sound salesmen, Soong says.

“As part of our continuous process to hire such talent, we are pushing human resources to go to colleges to get such talent into the business side of things.”

Speaking on his management philosophy, Soong says being a good listener is key.

“As most of my second-liners have been with me for many years, I appreciate them and practise open dialogue. When we started off, we were all peers so they can still tell me off if I’m not doing something right. I don’t believe in hierarchy,” Soong says.

One-on-ones with Soong are common, he says, so that best practices and shortfalls can be discussed.

“I know that many CEOs are not told what’s going wrong until things are out of control. I

Posted by 8wpwtmt8 > 2015-05-10 00:38 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2015/05/09/ECS-unveils-new-strategy/?style=biz

Posted by xiaoqiang > 2015-05-10 03:32 | Report Abuse

Tp 2.1 minimum

Posted by Eric Fong > 2015-05-10 22:14 | Report Abuse

Their profit margin is super low...

Posted by Eric Fong > 2015-05-10 22:15 | Report Abuse

Not so high dividend payout but luckily cash got quite a lot...

Posted by Eric Fong > 2015-05-10 22:37 | Report Abuse

Lower profit expected in Quarter 1 & Quarter 2, will be better in Half of 2015 due to introduction of new product to boost selling...

Posted by tksw > 2015-05-10 23:22 | Report Abuse

eric fong sifu, ecs is as distributor.they have to keep merging low so that the retailer can have higher margin.the razor thin margin becomes a barrier for others to tap Into their market. Their cssh pile oso their strenght againsts their competitors iif their copetitors need to birrow money. . tiok boh?

Posted by Eric Fong > 2015-05-10 23:29 | Report Abuse

ECS not the only distributor. There are a lot in the market ok. If this business is monopoly biz then only they earn higher margin.