Posted by redjacket > 2014-03-03 10:37 | Report Abuse

Hi Cheongcy, nice to see u checking back on the stock now that results are out.

Bonus issue's definitely some good news, but impact abit diluted by many other companies that have done the same.
Anyway, PIE's a cyclical stock. 3 years good, 2 years bad that kinda thing.. looks to be like we're into half a year of good with more to come..

Have u revised your TP upwards?
I'm gonna be abit more greedy and target a broad range between 11.5x- 15.0x PER. Thats something like RM8.60-RM11.25 :)

Posted by cheongcy > 2014-03-04 10:51 | Report Abuse

Dear redjacket, there is no way we can calculate the exact value of a company. Investing is all about after we have considered all the worst thing could happen to the company e.g. slower growth, lower profit margin, etc etc and the evaluated value still has a high margin of safety, then high chances this is a sound investment.

For PIE, its profit margin actually has dropped compare to years ago. Currently operating margin at the range of 10% - 11%. Assuming the company able to perform good at 10% operating margin, with 5% growth it worth RM7.11. For PIE to reach RM11.25, the company needs to achieve double digit growth which I do not believe it is able to do so. Anyhow, nothing is impossible in stock market. If the coming years it could make 7% growth per year, yes, it will reach RM8.60.

Posted by henken > 2014-05-18 18:53 | Report Abuse

why this counter so quite... no much people comments...

Posted by patricksim53 > 2014-05-23 21:30 | Report Abuse

Its first quarter performance is fantastic. Net profit jumped 65% on a sales turnover that almost double the previous period. Achieving RM9 is not wishful thinking anymore.....it can become real.

Posted by superman11 > 2014-05-29 09:43 | Report Abuse

1 split to 5??

Posted by henken > 2014-06-02 20:59 | Report Abuse

bonus 1:5

Posted by henken > 2014-06-10 09:51 | Report Abuse

not understand why price drop to 7.7+ compared yesterday closing price 8.32, but system still show top gain no 1? it is related to given divide or bonus issue?

Posted by stockraider > 2014-06-10 10:02 | Report Abuse

x bonus mah...price adjust loh....!!

Posted by henken > 2014-06-10 10:50 | Report Abuse

tq

Posted by paoblocrk > 2014-06-11 17:05 | Report Abuse

yea bonus
Bonus Issue
EX-date: 10 Jun 2014
Entitlement date: 12 Jun 2014
Entitlement description: Bonus issue of up to 12,801,400 new ordinary shares of RM1.00 each in P.I.E. Industrial Berhad ("PIB") ("PIB Share(s)" or "Share(s)") ("Bonus Share(s)") to be credited as fully paid-up on the basis of one (1) Bonus Share for every five (5) existing PIB Shares held as at 5.00 p.m. on 12 June 2014 ("Entitlement Date") ("Bonus Issue")

Posted by patricksim53 > 2014-06-27 09:58 | Report Abuse

PIE still holding on strong at around RM7.00 even after rights. I have a feeling it will touch RM8.00 before year end. Good dividend paying counter. Keep for long term.

Posted by patricksim53 > 2014-06-27 09:59 | Report Abuse

Type error - should be "PIE still holding on strong at around RM7.00 even after bonus issue".

Posted by patricksim53 > 2014-07-16 18:09 | Report Abuse

This is a must keep counter for good dividends and long term investment. Good luck to all shareholders.

Posted by Helpforinvestor > 2014-07-16 18:13 |

Post removed.Why?

Posted by Foong Oi Lai > 2014-08-21 23:40 | Report Abuse

drop a lot recently

Posted by fishbone > 2014-08-22 14:08 | Report Abuse

0.20 dividend was proposed?

Posted by henken > 2014-08-22 20:25 | Report Abuse

this stock div is good among the counters. keep for long term. time for grab:)

Posted by ninja > 2014-08-22 20:37 | Report Abuse

fishbone, NO dividend is proposed for last quarter. The dividend of 20 cents was paid on 11 June 2014.

Posted by limpek > 2014-08-22 22:00 | Report Abuse

wat happened? y keep dropping?

Posted by patricksim53 > 2014-08-31 08:59 | Report Abuse

For companies making consistent profits every year, don't worry. Warren Buffett Tells U This ... Stay Cool ... sit back and relax.

Posted by patricksim53 > 2014-11-07 15:39 | Report Abuse

Back to where it belongs at RM7.00 even after the bonus issue. What more can you ask for such a good counter?

Posted by Kian Leong Lim > 2014-11-18 14:40 | Report Abuse

The very expensive stock. Even foxconn the mother company is shifting to movie production and 4G telephone services. The hardware is sunset industry. In my opinion, the price is high because the person that manipulate this stock is thinking that he is living in a third-world country as he hasn't realized that hardware or wiring could be the sunset industry next in line. How can a price go up so high to 6 something or 8 something and everyday few volume at all. You could be sitting on a sunset industry, hello, this is market time wake up.

Posted by RJ > 2014-11-18 21:33 | Report Abuse

Err Kian, I hardly think that manufacturing touch screen devices (TVs, smartphones, PC monitors) are a sunset industry. I'd be damned if i were to invest in a company that does movie production though.. lol

Posted by Kian Leong Lim > 2014-11-19 10:45 | Report Abuse

(1) At first I have only one problem---I do not understand the price of the stock because this is a malaysian company which is a pretty small investment of the Taiwan parent company. They usually imported factory equipment from the Taiwan parent to this company if you have been following the purchase of equipment of the company closely. This company made very low end product and pc based for their clients when pc was a hot item. They set up factory here because their client came here. Now pc components are made and assembled mostly in China, they don't have that kind of advantage down the road anymore. They try to diversify to other products, if you follow their annual report last year. This company's technical ability is quite limited, they mostly do labor intensive stuff, or assembled of components for their clients.

(2) My second problem is: After you understand the nature and background of the company. You should try to analyze what can the company you are investing in do for their clients. Do you think this company can make touch screen devices (TVs,smartphones,PC monitors)? To by pass Sharp, it was rumored on the newspaper that the parent company Foxconn may put up TWD175 billion just to set up a touch screen monitor factory for the smartphones. Do you still think this company can do all the things you said? If you think it can, you have no knowledge of what you are saying, this is my own opinion.

Posted by Kian Leong Lim > 2014-11-19 10:52 | Report Abuse

PIE is not foxconn. PIE is controlled by a company in Taiwan managed by Terry Guo's daughter and son-in-law. I　ｈｏｐｅ　ｙｏｕ　ｄｏｎ’ｔ　ｍａｋｅ　ｔｈｅ　ｍｉｓｔａｋｅ　ｏｆ　ｔｈｉｎｋｉｎｇ　ｔｈａｔ　ＰＩＥ　ｉｓ　ｆｏｘｃｏｎｎ．ＰＩＥ　ｉｓ　ｏｎｌｙ　ｒｅｌａｔｅｄ　ｔｏ　Ｆｏｘｃｏｎｎ　ｂｅｃａｕｓｅ　ｏｆ　ｔｈｅ　ｔｉｅｓ　ｂｅｔｗｅｅｎ　ｆａｔｈｅｒ　ａｎｄ　ｄａｕｇｈｔｅｒ．　Ｔｈｅｒｅ　ａｒｅ　ｔｗｏ　ｄｉｆｆｅｒｅｎｔ　ｃｏｍｐａｎｉｅｓ　ｂｕｓｉｎｅｓｓ　ｗｉｓｅ．Ｉ　ｈｏｐｅ　ｙｏｕ　ｇｅｔ　ｔｈｉｓ　ｒｉｇｈｔ，　Ｅｒｒ　ＲＪ．

Posted by Kian Leong Lim > 2014-11-19 11:07 | Report Abuse

The hardware are getting cheaper and cheaper that is why. It is very difficult to be hardware companies or else Sony, Masushita, Sharp, and Dell, and others are having troubles. It is becoming a sunset industry not because people are not using touch screen devices (TVs,smartphones,PC monitors). The companies that manufacture these devices that are becoming the sunset industry, Err RJ. Why don't you go back to Junior College and start learning
what is Business 101 because you start investing?

Posted by RJ > 2014-11-19 16:31 | Report Abuse

You may be very surprised in the coming months ;)

Posted by Kian Leong Lim > 2014-11-19 21:53 | Report Abuse

I am already very surprise right now. The tech company reported results this month are mostly below expectation or subpar. A lot of bigger technology companies are already doing disapointingly this year, such as Foxcone in Taiwan, and even MPI and JCY and others. And Even Samsung, it doesn't know what to do next, the consumer market is experiencing a global weakness. Do you know this or not? Iａｌｒｅａｄｙ　ｔｏｌｄ　ｙｏｕ　ｔｏ　ｗａｋｅ　ｕｐ　ａｎｄ　ｓｔｉｌｌ　ｙｏｕ　ｓａｉｄ　ｙｏｕ　ａｒｅ　ｄｒｏｗｚｙ！

Posted by RJ > 2014-11-20 15:50 | Report Abuse

so much anger... lol..
looks like there's something i know that you dont.
but anyway, there are bulls and there are bears. Thats what makes a market.

Posted by Icon8888 > 2015-03-22 13:48 | Report Abuse

http://klse.i3investor.com/blogs/icon8888/73150.jsp

yawn....

Posted by Kian Leong Lim > 2015-06-27 20:33 | Report Abuse

Why downtrend in stock price? Where is the high-tech gadgets and the big bucks that the company is supposed to deliver and to earn? Where? Where? Where? Ha! Ha! Ha!

Posted by invester > 2015-07-24 16:27 | Report Abuse

Hi RJ, it has proved that you are right!

Posted by Msfollowme Oo > 2015-11-02 23:40 | Report Abuse

PIE is another BONUS ISSUE company in the making.
Company earning should be on Track for the record earning.
It will be a superb 2016 stock to invest.

Posted by patricksim53 > 2015-11-04 16:03 | Report Abuse

It was around RM7 during the latest bonus issue exercise. Now it has surpassed RM8. This performance speaks volume about the quality of this stock. Good to keep long term.

Posted by Msfollowme Oo > 2015-11-04 17:03 | Report Abuse

Very Good .. 8.07

Posted by Msfollowme Oo > 2015-11-07 10:05 | Report Abuse

8.50 ...

Posted by patricksim53 > 2015-11-07 17:21 | Report Abuse

Will it break RM9.00?

Posted by patricksim53 > 2015-11-18 15:51 | Report Abuse

Next level 9.50 possible.

Posted by i4investor > 2015-12-18 15:33 | Report Abuse

easy goreng counter

Posted by patricksim53 > 2015-12-21 01:08 | Report Abuse

Company with good fundamentals coupled with favourable exchange rate (US$ vs MYR), getting to RM10 is highly probable. One can say it's easy goreng counter. But look back at its share performance. Even after the bonus issue it stood at RM7 and has been on the upward trend since. I see further good news for this counter.

Posted by Mohd Fahmi Bin Jaes > 2015-12-22 20:47 | Report Abuse

uma

Posted by cstrader > 2016-01-08 22:48 | Report Abuse

times up

Posted by cstrader > 2016-01-12 21:27 | Report Abuse

Time to sell

Posted by patricksim53 > 2016-02-23 11:52 | Report Abuse

Breaking RM11 is now a possible reality. Hold on to your shares.

Posted by patricksim53 > 2016-02-25 11:17 | Report Abuse

Revaluation of assets is a positive event and I am not surprised the the share price will hit RM11 today. Last done is RM10.92

Posted by cstrader > 2016-02-25 18:41 | Report Abuse

Mid- term TP $15.00

Posted by patricksim53 > 2016-02-25 20:19 | Report Abuse

TP RM15 is not too far fetched.

Posted by i4investor > 2016-03-01 17:54 | Report Abuse

TP 20 soon!

Posted by i4investor > 2016-03-01 17:54 | Report Abuse

dream only

Posted by cstrader > 2016-03-09 17:26 | Report Abuse

Yes next 15.00