UNIMECH GROUP BHD

KLSE (MYR): UNIMECH (7091)

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Last Price

1.50

Today's Change

+0.11 (7.91%)

Day's Change

1.49 - 1.54

Trading Volume

25,200


1 person likes this.

498 comment(s). Last comment by aklobi 2 months ago

value88

711 posts

Posted by value88 > 2019-08-22 08:13 | Report Abuse

This stock has quietly gone up. The coming Q2 earnings is probably good and insiders knew that ?
Management hinted FY19 earnings will be better than FY18, I suppose their words will come true. Unimech's business partly depend on O&G industry, I suppose its FY19 earnings will be driven by improving O&G industry.

chkhooju

1,706 posts

Posted by chkhooju > 2019-08-23 09:02 | Report Abuse

Initially my TP was 1.50. But, to be honest, I took profit at 1.40. Very significant amount. Unimech had been one of my better bets.

chkhooju

1,706 posts

Posted by chkhooju > 2019-08-23 09:06 | Report Abuse

I have been screaming in favor of this counter about four months ago when it was trading at around 1.03. Sadly, no one seems to take notice.

cwk82

46 posts

Posted by cwk82 > 2019-08-23 10:08 | Report Abuse

Result remain the same. Don't think it is good news.

how7001

7 posts

Posted by how7001 > 2019-08-25 14:26 | Report Abuse

If no dowj dropping, wil come 1.50 soonest

cwk82

46 posts

Posted by cwk82 > 2019-09-03 18:17 | Report Abuse

Is it good news? Someone acquire 25% shareholding.

how7001

7 posts

Posted by how7001 > 2019-09-04 02:37 | Report Abuse

1.65 acquire price

Posted by Tenpercent > 2019-09-06 01:12 | Report Abuse

This company has a very bright prospect. Placement of 37.148mil shares (c.23.4% of total shares) to institutional investor and fund manager at RM1.60 to RM1.79.

Jarklp

175 posts

Posted by Jarklp > 2019-11-30 11:34 | Report Abuse

Only 11,000 shares traded after quaterly result. The result is actually not bad, stable earnings, stronger operating cash flows, expected to deliver better than last year, new shareholder from Japan... they can afford to increase the dividend to above 4%.

The Japanese paid RM1.65 for the 25% share of the company. LOL

Posted by shareinvestor88 > 2019-12-07 19:11 | Report Abuse

Sell tp 50c

Invest123

1,634 posts

Posted by Invest123 > 2019-12-19 11:45 | Report Abuse

Waiting for the final dividend to be announced.

Posted by shareinvestor88 > 2019-12-19 20:57 | Report Abuse

sell tp 50c

chkhooju

1,706 posts

Posted by chkhooju > 2020-01-07 09:27 | Report Abuse

Watch out for Unimech. Price heading north, with increasing volume.

thesteward

6,782 posts

Posted by thesteward > 2020-01-11 08:25 | Report Abuse

Unimech - this is one good company . Another good quarter and the price could shoot up to roof . Well managed . Good fundamentals . Believe another good w could be ard the corner . Fingers crossed

thesteward

6,782 posts

Posted by thesteward > 2020-01-11 08:31 | Report Abuse

The time of this article was in March . Now cpo price is so so much higher than March . Things looking v good for Unimech

thesteward

6,782 posts

Posted by thesteward > 2020-01-11 08:33 | Report Abuse

Co treats the investors fairly by giving good divvy .

thesteward

6,782 posts

Posted by thesteward > 2020-01-11 08:39 | Report Abuse

They export to Vietnam USA n China. Now trade deal phase one more or less ok ...even before that their performavsez has been pretty stable n profitable ....2020 should be even better !

thesteward

6,782 posts

Posted by thesteward > 2020-01-12 15:22 | Report Abuse

Try not to miss

Posted by realinvestor888 > 2020-01-12 16:26 | Report Abuse

uptrend................................

Posted by shareinvestor88 > 2020-01-12 17:19 | Report Abuse

SELL TP 50c no volume

thesteward

6,782 posts

Posted by thesteward > 2020-01-13 10:59 | Report Abuse

Gogo Unimech added morning

thesteward

6,782 posts

Posted by thesteward > 2020-01-13 11:58 | Report Abuse

Still cheap at 1.33

chkhooju

1,706 posts

Posted by chkhooju > 2020-01-13 12:33 | Report Abuse

Definitely. Only stupid people will put a 50¢ price tag on Unimech. Or maybe a very sick person will say likewise.

goldlabel

71 posts

Posted by goldlabel > 2020-02-11 11:02 | Report Abuse

undervalue gem

Invest123

1,634 posts

Posted by Invest123 > 2020-08-24 00:14 | Report Abuse

Fly soon

bclim_83

230 posts

Posted by bclim_83 > 2020-08-28 12:08 | Report Abuse

A very good company that has been overlooked by investor. This company has been growing with CAGR of 11% for the past 5 years. Its products hold a strong margin at 40% and sold in fast-growing nations like Indonesia apart from msia, SEA countries and ocenia. Last year Sept japanese company kitz corporation bought 25.1% share at rm 1.65. Kitz is 1 pf top valve company in the world with global sale channels. It is an almost 70 year-old company. i believe the strategic investment of them in Unimech will provide synergistic effect as unimech products which is middle end can be distributed through kitz distribution network and Unimech can be the sole distributor of kitz products. I hope this will further increase CAGR of unimech in the near future. At current price, it is deems very2 cheap compared to what kitz paid for it

Posted by LongTermInvestor8 > 2020-11-22 23:26 | Report Abuse

Will the market crash if budget 2021 cannot be passed this coming Thursday (26/10/2020)? These are the 4 possible scenarios:

1. Parliament will be dissolved and a snap election will be called
2. A state of Emergency in the whole country will be declared by YDPA
3. Muhyiddin will resign and YDPA will appoint an interim PM
4. YDPA will appoint a new PM who has majority MPs support. A new budget 2021 also will be tabled by the new appointed PM.

Will the market go down? Will it crash? Take profit now or wait?

bclim_83

230 posts

Posted by bclim_83 > 2021-01-20 14:53 | Report Abuse

Very undervalued stock, way below rm 1.65 japanese company paid for 25% share of it. It is growing really well, particularly in Indonesian. It should be valued at least above rm 2

Posted by chinkeong88 > 2021-01-20 17:40 | Report Abuse

very quiet stock.. But today show a volume, up up up...

bclim_83

230 posts

Posted by bclim_83 > 2021-01-20 18:31 | Report Abuse

I started2 accumulate its share after japanese company bought into it at a premium price of rm 1.65 and that was more than a year ago. There must be something special about it for the japanese to buy its share. The japanese company kitz coprporation, is world top valve company listed in japanese stock market. Unimech's indonesian subsidiary is something interesting to look at. Over 40 branches in whole indonesia with population of 270million and it is 1 of the top foreign investment country. U may go into PT Arita Prima, its indonesian subsidary's page in facebook and knew more about them

bsklshark

201 posts

Posted by bsklshark > 2021-01-21 19:55 | Report Abuse

Can buy kah this one , i saw somewhere they wrote gonna give bonus issue soon

bsklshark

201 posts

Posted by bsklshark > 2021-01-21 19:56 | Report Abuse

Tomoro i buy 30 lot keep as long term investment

bsklshark

201 posts

Posted by bsklshark > 2021-01-21 21:27 | Report Abuse

Japanese buy 1.65 , i buy 1.45 cheaper tn japanese

thesteward

6,782 posts

Posted by thesteward > 2021-01-27 15:44 | Report Abuse

I like this co . V decent genuine business people

thesteward

6,782 posts

Posted by thesteward > 2021-01-27 15:56 | Report Abuse

Fingers crossed

thesteward

6,782 posts

Posted by thesteward > 2021-01-29 10:06 | Report Abuse

Sold some 1.60

goh188

32 posts

Posted by goh188 > 2021-01-29 14:11 | Report Abuse

a rare gem indeed. JPM will never dare to short this counter.

XxxxXzz

684 posts

Posted by XxxxXzz > 2021-02-24 22:28 | Report Abuse

I thought this company having huge cash keep sbb lol but so heavy the revolving credit.better the management low down the interest to increase eps and pay higher dividend in future lor, instead of keep sbb

Posted by FlyingElephant > 2023-09-22 16:22 | Report Abuse

coming coming big big angpow

Posted by TheAlphaTrader > 2023-09-25 11:49 | Report Abuse

still cheap with company buying back so many shares as well

aklobi

315 posts

Posted by aklobi > 2024-08-07 17:47 | Report Abuse

Bought yesterday @1.43

SincereStock

2,361 posts

Posted by SincereStock > 2024-08-22 09:00 | Report Abuse

first time entering UNIMECH at 1.50 (9am open price, 22 august 2024). downtrending old school important business that is still profitable (PE below 10) and not sunsetting in foreseeable future. more cash than total liabilities. nice NTA discount. fulfilling well my main criterias for value trading, thanks for the downtrend to provide a good opportunity to entry this counter that previously traded at fair or above fair value at discounted value. and thanks for the recent QR report that attract my attention to this counter that I ignored for long

SincereStock

2,361 posts

Posted by SincereStock > 2024-08-22 09:08 | Report Abuse

price still not even fully recover from black monday

aklobi

315 posts

Posted by aklobi > 2 months ago | Report Abuse

My purchase a month ago @1.43 was a bullseye :)

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