PENTAMASTER CORPORATION BHD

KLSE (MYR): PENTA (7160)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

4.04

Today's Change

-0.07 (1.70%)

Day's Change

4.03 - 4.14

Trading Volume

562,300


17 people like this.

19,833 comment(s). Last comment by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ 3 days ago

lsv1977final

1,447 posts

Posted by lsv1977final > 2021-08-04 17:29 | Report Abuse

huat ar

blackchicken

1,220 posts

Posted by blackchicken > 2021-08-04 17:53 | Report Abuse

TA Securities remains positive on semiconductor outlook as global sales uptrend persists

https://www.theedgemarkets.com/article/ta-securities-remains-positive-semiconductor-outlook-global-semiconductor-sales-uptrend

tiknuhc

69 posts

Posted by tiknuhc > 2021-08-05 00:58 | Report Abuse

see you guys at RM7

lsv1977final

1,447 posts

Posted by lsv1977final > 2021-08-05 16:06 | Report Abuse

yes

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-05 16:31 |

Post removed.Why?

lsv1977final

1,447 posts

Posted by lsv1977final > 2021-08-07 11:07 | Report Abuse

if this round QR good, we all kaya already. Up all the way, another round of bonus issue

yorkyork

2,775 posts

Posted by yorkyork > 2021-08-07 16:58 | Report Abuse

My advise take some profit.

Posted by topglove123 > 2021-08-08 01:44 | Report Abuse

When is penta bonus issue?

newbies522

112 posts

Posted by newbies522 > 2021-08-11 11:30 | Report Abuse

may i know if enter now will it be too risky? RM5.9

TCLEOW75

42 posts

Posted by TCLEOW75 > 2021-08-12 11:09 | Report Abuse

QR date?

Posted by Jameslee Wah > 2021-08-12 11:46 | Report Abuse

QR announcement coming same like Greatech

TCLEOW75

42 posts

Posted by TCLEOW75 > 2021-08-12 14:57 | Report Abuse

Penta used to be rally with Greater. Now, Greatec share price ahead of Penta......Go, Go, Go

Posted by topglove123 > 2021-08-12 15:01 | Report Abuse

penta will soon become greatech...

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-12 16:38 |

Post removed.Why?

Stock9969

51 posts

Posted by Stock9969 > 2021-08-13 00:19 | Report Abuse

Go go go Penta..superbly strong counter

Posted by HomeSweeHome > 2021-08-13 08:28 | Report Abuse

Yes will do up up & away good Luck.

pdchs

575 posts

Posted by pdchs > 2021-08-13 08:56 | Report Abuse

QR today release?

lsv1977final

1,447 posts

Posted by lsv1977final > 2021-08-13 16:48 | Report Abuse

Really hope this QR is excellent

Posted by akuantiguru > 2021-08-13 17:06 | Report Abuse

QR worse than MI. Habis

Eastern686

510 posts

Posted by Eastern686 > 2021-08-13 17:32 | Report Abuse

Qr good, Qr good okay...

brian3381

1,888 posts

Posted by brian3381 > 2021-08-13 18:04 | Report Abuse

Buy mi la

lsv1977final

1,447 posts

Posted by lsv1977final > 2021-08-13 18:35 | Report Abuse

Good result QoQ better

Posted by NaiveInvestor > 2021-08-13 19:37 | Report Abuse

Wonder why the net profit margin only 21% when Greatech NPM announced yesterday was 36%

Posted by akuantiguru > 2021-08-16 10:18 | Report Abuse

Bad QR, Bank release downgrade

yorkyork

2,775 posts

Posted by yorkyork > 2021-08-16 10:23 | Report Abuse

i give advise already.

lsv1977final

1,447 posts

Posted by lsv1977final > 2021-08-16 11:20 | Report Abuse

don't think so
will buy more

Posted by akuantiguru > 2021-08-16 14:08 | Report Abuse

Vitrox Double
Mi Double
Aemulus Ok
Penta bad

Posted by akuantiguru > 2021-08-17 15:47 | Report Abuse

Ciao lo

Posted by Jameslee Wah > 2021-08-17 19:25 | Report Abuse

Last minute shooting up tomorrow will be in great gun

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-17 20:57 |

Post removed.Why?

Posted by akuantiguru > 2021-08-18 09:41 | Report Abuse

SELL

lsv1977final

1,447 posts

Posted by lsv1977final > 2021-08-19 08:10 | Report Abuse

EPF so clever, sell before QR.
Now everyone selling, they start accumulating.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-19 08:45 |

Post removed.Why?

Posted by akuantiguru > 2021-08-19 14:29 | Report Abuse

SELL, Future Nasdaq malat hotpot liao

James Ng

2,707 posts

Posted by James Ng > 2021-08-19 20:42 | Report Abuse

https://klse.i3investor.com/blogs/general/2021-08-19-story-h1569831780.jsp
[转贴] [Video:浅谈PENTAMASTER CORP BHD, PENTA, 7160] - James的股票投资James Share Investing

Posted by Jameslee Wah > 2021-08-27 15:20 | Report Abuse

EPF disposing the share
Run B4 2late

soonheng

203 posts

Posted by soonheng > 2021-08-27 16:04 | Report Abuse

ROBOTICS AUGMENTING PROCESSES It is a fact that robotics and automation have greatly improved production in the manufacturing industry. Pentamaster utilises their own intelligent Automated Robotics Manufacturing System (i-ARMS) – an extensive system that integrates numerous combinations of their Automated Manufacturing Solutions (AMS) modules with other
tech solutions such as RFID tracking, and Vision Inspection Guidance System.
With the help of this technology, the Pentamaster Equipment Manufacturing division is able to customise and automate processes to meet customer’s needs. With the integration of the AMS modules, Pentamaster is able to offer extensive automated functions for varying processes in manufacturing. Disassembling down to its constituent elements, the AMS modules comprises:
• Material handling equipment which functions as a conveyor system to transfer items from one process to another.
• Assembly and test modules that are installed to initiate assembly and functionality tests on various stages of the manufacturing process.
• High-speed sorters to organise subjects based on test results or programmed processes.
• Manufacturing Execution System (MES), a real-time monitoring and control software platform typically utilised in the automated manufacturing system.
Elements like the MES enables realtime tracking of production throughput throughout the manufacturing process, as well as ensuring all processes follow the correct sequence in the manufacturing line.The company envisions itself as being the top test equipment designer and manufacturer globally for Smart Sensor testing. They continue to innovate in order to stay ahead and lead the industry with their tech solutions

soonheng

203 posts

Posted by soonheng > 2021-08-27 16:04 | Report Abuse

PENTAMASTER that various sectors, especially the manufacturing industry. Now plays a major role in providing integrated and customised solutions to customers across the world. The industry sectors served range from automotive, electrical and electronics, pharmaceutical, computer, semiconductor, consumer goods, food and beverages to general manufacturing. Additionally, the company extends their offerings with high-quality and cost-effective automated and semi automated machinery.

soonheng

203 posts

Posted by soonheng > 2021-08-27 16:04 | Report Abuse

CUTTING EDGE TECHNOLOGY As one of Pentamaster pioneer divisions, the Pentamaster Technology encompasses their Semiconductor Smart Device Testing Solutions as well as their Optics and Photonics Sensor technology. This specialised division comes with teams of engineers, test handlers and experts to run software test solutions and functional tests using their automated test equipment.Furthermore, the Assembly and Test Handling system has customised design for standalone high precision assembly and test for semiconductor devices. The system is fully equipped with its own control and user-friendly diagnostics interface, which is integrated with vision systems for precision alignment and quality verification.

soonheng

203 posts

Posted by soonheng > 2021-08-27 16:05 | Report Abuse

Manufacturing Test and Automation

soonheng

203 posts

Posted by soonheng > 2021-08-27 16:05 | Report Abuse

Kenanga Growth Fund Acquired Penta 9,931,225 shares

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-27 17:22 |

Post removed.Why?

Posted by charles88 > 2021-08-29 00:18 | Report Abuse

@soon whr u get the info bro

Posted by investortrader88 > 2021-08-30 11:49 | Report Abuse

BURSA MALAYSIA TRADE STATISTICS - 27 AUG 2021

Participation / Status / Nett RM ( M )

Institutions Nett sellers - 239.8

Retail Nett sellers - 16.9

Foreign Nett buyers + 256.7

Posted by investortrader88 > 2021-08-31 14:53 | Report Abuse

Top 25 shareholders own 61.84% of Pentamaster Corporation Berhad


Choon Chuah
19.73%

Employees Provident Fund of Malaysia
5.21%

Kumpulan Wang Persaraan
5.05%

Chong Chuah
4.55%

AIA Investment Management Private Limited
3.05%

Resolute Accomplishment Sdn Bhd
2.66%

BlackRock, Inc.
2.16%

Lembaga Tabung Haji, Endowment Arm
1.95%

Eastspring Investments (Singapore) Limited
1.78%

The Vanguard Group, Inc.
1.71%

Great Eastern Holdings Limited, Insurance Investments
1.42%

Kenanga Investors Berhad
1.39%

Pertubuhan Keselamatan Sosial
1.33%

Norges Bank Investment Management
1.23%

Baring Asset Management Limited
1.22%

State Street Global Advisors, Inc.
1.16%

Public Mutual Berhad
1.13%

Universal-Investment-Gesellschaft mbH
0.79%

Tokio Marine Asset Management Co., Ltd.
0.76%

Permodalan Nasional Berhad
0.7%

Dimensional Fund Advisors L.P.
0.6%

Kenanga Islamic Investors Berhad
0.59%

Sierra Bonus Sdn Bhd
0.56%

Principal Global Investors, LLC
0.55%

Manulife Asset Management Services Berhad
0.55%

Posted by Mr.Sm Invest123 > 2021-09-01 22:04 | Report Abuse

Edge Weekly - Chuah: We (ATE manufacturers) do not want to sell our products at lower prices just to compete with our competitors. We need to look into multiple avenues of growing our businesses ... If you think about it, most of us are not going into industries that we are totally unfamiliar with. (Photo by Pentamaster) - http://www.theedgemarkets.com/article/medical-device-business-next-big-thing-pentamaster (Share from StockHunter)

Posted by Mr.Sm Invest123 > 2021-09-01 22:06 | Report Abuse

Economic Recovery Plan
01 September 2021. Wednesday

FROM THE EDGE
Edge Weekly
Medical device business the next big thing for Pentamaster


September 01, 2021 18:00 pm +08

This article first appeared in The Edge Malaysia Weekly, on August 23, 2021 - August 29, 2021.
Chuah: We (ATE manufacturers) do not want to sell our products at lower prices just to compete with our competitors. We need to look into multiple avenues of growing our businesses ... If you think about it, most of us are not going into industries that we are totally unfamiliar with. (Photo by Pentamaster)
Chuah: We (ATE manufacturers) do not want to sell our products at lower prices just to compete with our competitors. We need to look into multiple avenues of growing our businesses ... If you think about it, most of us are not going into industries that we are totally unfamiliar with. (Photo by Pentamaster)


PENANG-based semiconductor equipment vendor and automation house Pentamaster Corp Bhd is the latest company to embark on the diversification route to increase its revenue streams and generate sustainable earnings growth.

While its peers ViTrox Corp Bhd and MI Technovation Bhd have gone into precision smart farming and semiconductor materials business respectively, Pentamaster is venturing into the medical device industry (MDI). The group is producing single-use medical devices such as dual-safety pen needles and safety intravenous catheter (IVC), which are mostly sold through distributor agents.

Pentamaster, together with Greatech Technology Bhd, ViTrox and MI Technovation, are known as the Big Four automated test equipment (ATE) manufacturers listed on Bursa Malaysia.

Advertisement

Pentamaster co-founder and chairman Chuah Choon Bin says the local ATE companies are diversifying into various sectors as they ascribe to the adage of “not putting all of one’s eggs into the same basket”.

“As technology gets more mature, the red ocean is coming in. China is up and coming in the semiconductor sector. The Chinese firms are executing their plans very fast. What you can do this year, China might be able to do it next year, and probably cheaper and better than you,” he tells The Edge in a telephone interview.

To remain ahead of the game, ATE manufacturers such as Pentamaster are thinking about the sustainability of their companies. “We do not want to sell our products at lower prices just to compete with our competitors. We need to look into multiple avenues of growing our businesses. We have to sustain our profitability and profit margins. If you think about it, most of us are not going into industries that we are totally unfamiliar with,” Chuah points out.

For instance, Pentamaster is going into the medical sector because it has the automation and equipment know-how, he says. As for the other local ATE firms, some of them are going into smart farming, battery or solar automation as they have their respective core technology to do so.

Chuah, 60, is the single largest shareholder of Pentamaster with a 19.73% stake. An electronics and electrical engineering graduate from University of Auckland, New Zealand, he previously served as an automation engineer for National Semiconductor and Intel Technology Malaysia.

Other prominent names among its top 30 shareholders include Kumpulan Wang Persaraan (Diperbadankan) (KWAP), the Employees Provident Fund (EPF), Permodalan Nasional Bhd (PNB), Lembaga Tabung Haji, AIA Bhd, Kenanga Growth Fund and two Vanguard funds.

Pentamaster has four major business segments, namely ATE, MDI, factory automation solutions (FAS) and warehouse automation systems (WAS). The group has two plants in Penang: one in Bayan Lepas, which also acts as its main office, and another in Batu Kawan.

Notably, 2021 marks Pentamaster’s 30th anniversary, the company’s 18th year of listing on Bursa Malaysia and also the third anniversary of 63%-owned Pentamaster International Ltd’s (PIL) listing on the Hong Kong Stock Exchange.

Pentamaster ventured into MDI before the Covid-19 outbreak and was thus ready when the pandemic broke out.

As for its FAS business segment, the company has further diversified its services by providing medical assembly and medical automation solutions to clients. Its ATE division, meanwhile, contributes about 70% to group revenue and the remaining 30% is derived from its FAS division.

Chuah, however, expects the MDI and WAS divisions to each contribute 5% to Pentamaster’s revenue in the financial years ending Dec 31, 2021 and 2022 (FY2021 and FY2022), while contribution from the FAS division is expected to increase to 35% and the ATE division to reduce to 55%.

“Among the four business segments, we are particularly excited about the growth story of our MDI division as we expect its contribution to increase further to 5% to 10% by FY2023,” he says.

Posted by Mr.Sm Invest123 > 2021-09-01 22:07 | Report Abuse

Third plant on the cards
Pentamaster will be spending RM60 million between FY2021 and FY2023 to develop its MDI manufacturing business at its 3.5-acre plant in Batu Kawan as well as setting up a new plant in the area.

“Once completed, we expect 70% of the capacity from our existing Batu Kawan plant to be occupied by the MDI business,” says Chuah.

Pentamaster is also applying to Penang Development Corp (PDC) to acquire 10 acres in Batu Kawan for future expansion projects. “We plan to build a 200,000 sq ft manufacturing facility there, which will be the third plant for the group, focusing on MDI, WAS and FAS,” he adds.

The group generated a net profit of RM70.88 million on revenue of RM418.77 million in FY2020. It reported its highest-ever quarterly revenue of RM130.64 million in the second quarter ended June 30, 2021 (2QFY2021), with a net profit of RM17.93 million. This brings its revenue and net profit for 1HFY2021 to RM245.81 million and RM34.01 million respectively.

“In the next three to five years, we target our revenue to achieve double-digit growth every year. By venturing into new businesses like MDI and WAS, Pentamaster could continue to grow besides relying on ATE and FAS,” says Chuah.

He notes that the operations of many medical device manufacturers remain labour-intensive. But Pentamaster’s advantage is that it is essentially an automation and equipment firm. In other words, when the company is making medical devices, its manufacturing processes can be highly automated.

Chuah says manufacturing of medical devices involves more precision parts moulding and mechanical assembly. So, for Pentamaster, making medical devices is not as big a challenge as making semiconductor equipment.

“However, MDI’s barriers to entry are high, to obtain all the approvals and certifications from healthcare authorities, as well as to maintain the consistency and quality compliance of our products. We need to make sure that our medical devices do not have any quality defects.”

In spite of the stringent requirements, Chuah says Pentamaster is confident of obtaining these approvals due to its experienced engineering team and automation approach to provide consistency in quality and compliance. “We can add value to our MDI products from quality throughput to cost with a highly automated manufacturing process. We design and build the equipment ourselves. We have a machine vision inspection system and test equipment to make sure all the medical devices manufactured are auto inspected and tested to ensure standards compliance,” he says.

He adds that pen needles and IVCs are just a start for Pentamaster’s MDI manufacturing business. Moving forward, the group intends to expand its product portfolio to include other products such as safety syringes, scalpel and suture kits, lancets, dialysis filters, scalp vein sets and blood collection tubes.

“We have seen higher demand for these single-use medical devices since the Covid-19 outbreak. Nowadays, people are less willing to go to hospitals, so we see more people buying pen needles for home use. Meanwhile, many hospitals are still full of Covid-19 patients, who would also need IVCs.

“With our advanced manufacturing technology, we aim to be one of the global players in the medical device manufacturing sector,” he says.

‘PIL is a steady stock while Pentamaster is a more exciting one’
Shares in Pentamaster had gained over 5% year to date (YTD) to close at RM5.42 last Wednesday, giving it a market capitalisation of RM3.86 billion. The counter is currently trading at a historical price-earnings ratio (PER) of 54.2 times.

In contrast, PIL’s share price has dropped close to 9% YTD to settle at HK$1.03, bringing its market value to HK$2.47 billion. The stock carries a PER of merely 10.2 times.

Comparing the share price performance of the two listed vehicles, Chuah acknowledges that the stock valuation of Hong Kong-listed PIL is lower. “Like it or not, we are still a small stock in the eyes of international investors. I guess Malaysian investors are more familiar with ATE companies like us. Essentially, PIL and Pentamaster are the same company. But from a stock investing perspective, I would say PIL is a steady stock while Pentamaster is a more exciting one,” he says.

Posted by akuantiguru > 2021-09-02 16:13 | Report Abuse

time to get out from tech

Post a Comment
Market Buzz