Posted by Souljaboiiii > 2024-07-28 14:01 | Report Abuse

Short term pain, long term gain.
Penta has two listed entities, one in bursa and another one in HKEX.
HKEX Penta is dirt cheap, while Penta Bursa is dipping non stop.
Based on my experience, usually stock price will correct itself to a reasonable level before the QR release. For companies like Penta, I am not surprised if the market makers already know what's the Q2 FY2024 revenue/profit before the official release. My instinct tells me that the upcoming QR release is not as good as the market anticipates. This can be attributed by global automotive weakness amidst of oversupply of EV especially in China. However, we all know that the upcoming 720k sqr feet campus located at Batu Kawan is the next big thing for Pentamaster. They already mentioned since year 2020 that their new campus is to cater for medical division.

We can find a few companies that are operating in the same sector as Pentamaster for comparison. For their automotive SiC burn in test solution, AEHR test system is the best peer to peer comparison that we can find. For those who doesn't know what burn in does, it essentially is an extreme process to test how durable is the silicon (chip). The equipment will drive high voltage & current or increase the temperature to an extreme level to test whether the chip can sustain. It is a very important process for automotive chips since they must be very reliable to avoid accident occurs due to semiconductor malfunction.

Posted by Souljaboiiii > 2024-07-28 14:15 | Report Abuse

Besides that, Pentamaster also have a broad range of test solutions for semiconductor/electro-optical division. However, their focus is no longer on providing solutions for consumer electronics but rather automotive, industrial and medical which is very strategic since the semiconductor industry growth is driven by these three sectors. As an investor, I like consumer electronic companies when the economy is good, because many consumers like us have the spare cash to purchase great electronic products.

For their medical division, they are providing automated assembly solutions to medical devices companies. I have no access to who's their customers but I believe companies like Boston Scientific, B braun, Abbott and smith & nephew that have manufacturing facilities in Malaysia is one of Penta customers. Hence, it's essential to see what's their performance to gauge how much capex that they are allocating to purchase equipment for better manufacturing efficiency. I believe since they are doing pretty well, hence Penta will also do very well. Keep in mind that this is a recession proof industry.
Besides that, Pentamaster MediQ is also making effort to produce one time use product that can be used in the medical industry. I don't anticipate an astronomical growth since it is still a startup company, but I hope that they can contribute some to the top and bottom line in the future. I believe we can refer to how the market values Umedic to gauge how lucrative is this industry in Malaysia.

Posted by Souljaboiiii > 2024-07-28 14:20 | Report Abuse

As an investor, if we focus too much on calculation, we will lose out a bunch of opportunities. Their performance might be bad in the upcoming quarters (it can be 1 - 2 quarters before the growth restarts), but it is worth to invest in this company. I truly believe that in order to outperform the index, retail investor like us have to bet heavily on the best idea that we have.

This is not a buy/sell call post, please consult your legal financial advisor for investment decision.

Posted by neohts > 2024-07-29 12:32 | Report Abuse

Should take profit first and waiting for next round.

Posted by EatCoconutCanWin > 2024-08-01 17:21 | Report Abuse

Good result

Posted by neohts > 2024-08-02 14:01 | Report Abuse

https://theedgemalaysia.com/node/721328

Pentamaster's 2Q profit drops 16% as sales volume dips in automated test equipment business

Home
Pentamaster's 2Q profit drops 16% as sales volume dips in automated test equipment business
Tech
Pentamaster's 2Q profit drops 16% as sales volume dips in automated test equipment business
By Syafiqah Salim / theedgemalaysia.com
01 Aug 2024, 07:30 pm

main news image
KUALA LUMPUR (Aug 1): Pentamaster Corp Bhd’s (KL:PENTA) second-quarter net profit fell 15.87%, as its biggest revenue contributor — the automated test equipment (ATE) segment — recorded lower sales volume, higher employee expenses, provisions for slow-moving inventories, and research and development expenditure for certain projects.

The group's net profit for the quarter ended June 30, 2024 (2QFY2024) dropped to RM19.9 million from RM23.65 million in 2QFY2023, while revenue dipped 3.11% to RM171.37 million from RM176.88 million.

Posted by Markv572421 > 2024-08-02 17:00 | Report Abuse

Nice Penta ...drop drop more become useless company !!!

Posted by Willtolive > 2024-08-02 17:27 | Report Abuse

Hold this growth stock

Posted by Markv572421 > 2024-08-03 14:26 | Report Abuse

Hold to lose ???

Posted by Souljaboiiii > 2024-08-04 09:53 | Report Abuse

Their medical assembly solution saved their a** again. Penta is the only listed one in Malaysia that makes assembly equipment for medical industry at this scale. I believe if there's a recession in the US, the contraction of medical industry is inevitable, although this industry is well known as an industry that is recession proof. They will reduce the capex to survive through the storm as well, hence it is not looking good for Penta in the short term. However, Penta is very aggressive when comes to seize new opportunities, for example medical, renewable energy and more. Their diversification strategy is the correct strategy to mitigate downturn of one of their core competency. I will continue to invest in Penta (not MY but HK) due to the cheap valuation there.

Posted by Chellons > 2024-08-05 10:14 | Report Abuse

Anyone this its good entry?

Posted by neohts > 2024-08-05 11:08 | Report Abuse

will buy if go below RM4

Posted by gooman > 2024-08-16 08:40 | Report Abuse

Semiconductor ETFs, including SOXX and XSD, surged by 4.8 per cent and 5.4 per cent respectively. Industry leader Nvidia surged 4 per cent, whilst Broadcom and Monolithic Power Systems grew 5.4 per cent and 6.7 per cent respectively.

Posted by gooman > 2024-08-20 11:45 | Report Abuse

PHLX Semiconductor Index was up 1.86 percent yesterday

Posted by gooman > 2024-08-21 18:04 | Report Abuse

China's semiconductor companies report stellar operational gains despite US crackdown
https://www.globaltimes.cn/page/202408/1318422.shtml

Posted by Cakes Moon > 2024-08-25 10:32 | Report Abuse

With US fed is cutting interest rate, I bet technology stock PE ratio will be unleashed!!!

Posted by Willtolive > 2024-08-27 09:32 | Report Abuse

Buy more

Posted by SyahSyah > 2024-08-31 02:36 | Report Abuse

ada harapan

Posted by gooman > 2024-08-31 08:45 | Report Abuse

Intel rose by almost 10 percent on Friday

Posted by gooman > 2024-08-31 11:50 | Report Abuse

https://asia.nikkei.com/Economy/Trade/Thailand-Malaysia-see-strong-export-rebound-on-tech-upcycle

Posted by Tanleechoo > 2024-09-09 09:17 | Report Abuse

2/H 2024 will be flat.. not much innovative products n poor div yield .. future is bleak ?

Posted by SyahSyah > 2024-09-29 00:43 | Report Abuse

penta..naik

Posted by mf > 2024-09-29 05:19 | Report Abuse

IDF eliminates commander of Hezbollah's missile unit, may have eliminated also IRGC commander
Story by JERUSALEM POST STAFF • 21h • 1 min read

Posted by Willtolive > 2024-10-01 10:14 | Report Abuse

China rally just started, don't sell

Posted by Tanleechoo > 2024-10-07 11:06 | Report Abuse

Top mgt should focus on the core business.. the Bayana food court nothing to attract n never think back of going back to eat there ..

Posted by neohts > 2 months ago | Report Abuse

Result should be out soon.
Good luck.

Posted by Souljaboiiii > 2 months ago | Report Abuse

7th of November.
Any news?

Posted by neohts > 2 months ago | Report Abuse

Based on today closing, I got a feeling results not good. People sell before announcement.

Posted by Souljaboiiii > 2 months ago | Report Abuse

Money coming in is stronger than money coming out
The QR might be bad, but the most important thing that I'm looking for is the aspect of this business. No point looking at the business performance that was a quarter ago.

Posted by neohts > 2 months ago | Report Abuse

https://www.nytimes.com/2024/10/31/technology/intel-earnings-loss.html

Not sure this news affect local technical stocks as most company support INTEL.

Posted by Souljaboiiii > 2 months ago | Report Abuse

My guess is intel will only start to purchase equipment when there is a demand. The newly built factories are not going to be in operations any soon. This is a rumour that's widely known in the industry. By the way, penta has more to deal with automotive (China EV players) , medical device (abbot, Boston scientific...) and electro optical (iPhone). Intel pg15 is right beside their Bayan Lepas HQ, but nothing much to do with their core business.

Posted by Souljaboiiii > 2 months ago | Report Abuse

This is an old news bruh, and the impact has already shown in all the penang semicon companies stock prices, especially UWC. Yes, penta automotive division is definitely "slowing down" but the orders are not cancelled. When their medical division finally takes off, we can expect easily 30-40% price appreciation. It's a medium risk, medium reward stock at this moment.

Posted by curiousq > 2 months ago | Report Abuse

The Group closed its 3Q2024 with a profit before taxation of RM21.4 million (3Q2023: RM37.5 million), representing a decrease of approximately 43.0% from the same period last year, mainly impacted by the lower ATE sales volume and the significant depreciation of the U.S. dollar against the Ringgit which has led to an unfavourable foreign exchange loss. However, the bulk of this foreign exchange loss remained unrealised as the foreign currencies have not been converted into Ringgit.

Their sales are in usd?

Posted by Souljaboiiii > 2 months ago | Report Abuse

Customers especially the medical side are from the US.

Posted by EatCoconutCanWin > 2 months ago | Report Abuse

Trump win will impact?

Posted by gooman > 2 months ago | Report Abuse

RHB noted that Pentamaster’s 3QFY2024 pre-tax profit margin improved sequentially to 9.7% versus 6% in 2QFY2024, thanks to higher-margin projects.
“This offset the weaker factory automation solutions margin, which dropped 5.1 percentage points to 28.2%, due to higher material cost,” it added.
Nevertheless, RHB retained its 'buy' call on Pentamaster and unchanged TP of RM5.95, pending Pentamaster’s analysts briefing later on Friday.
The house anticipated Pentamaster to deliver annual earnings of RM95 million for FY2024 and RM126 million in FY2025 as at press time.

Posted by swissvillage > 2 months ago | Report Abuse

BlackRock Plows $2 Billion Into Momentum Stocks After Election
MTUM posts record inflow while $1 billion exits from IUSB
BlackRock’s model team positions for post-vote relief rally
https://www.bloomberg.com/news/articles/2024-11-11/blackrock-blk-plows-2-billion-into-momentum-stocks-mtum-after-election?embedded-checkout=true

Posted by INVEST_AA > 1 month ago | Report Abuse

Go go go… Penta

Posted by James_Bond > 1 month ago | Report Abuse

Lucky scooped penta earlier… will slowly dispose penta… haha…

Posted by James_Bond > 1 month ago | Report Abuse

Congrats my fellow followers who bought along with me… cheers!

Posted by Silent 88888 > 1 month ago | Report Abuse

still got space to grow compare to 52 weeks high

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 1 month ago | Report Abuse

Pentamaster International in HK corporate announcement expected. Suspended from trading.
Deeply underpriced in Hong Kong market.

Posted by Eurus1973 > 1 month ago | Report Abuse

What price Penta ca go ?

Posted by Souljaboiiii > 1 month ago | Report Abuse

i3 too many jokers

Posted by Souljaboiiii > 1 month ago | Report Abuse

Especially that rubbish James_Bond.

Posted by birkincollector > 1 month ago | Report Abuse

funds buying again, looks good

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 1 month ago | Report Abuse

Pentamaster International Limited (HK) jumped from HK 0.64 to HK 0.94 on news of privatisation. It was so undervalued before this.

Posted by SyahSyah > 4 weeks ago | Report Abuse

naik balik

Posted by Flyinghorse > 2 weeks ago | Report Abuse

https://theedgemalaysia.com/node/739722

Posted by gooman > 2 weeks ago | Report Abuse

https://www.bloomberg.com/news/articles/2025-01-01/south-korea-s-export-momentum-grows-on-demand-from-china?embedded-checkout=true