PENTAMASTER CORPORATION BHD

KLSE (MYR): PENTA (7160)

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Last Price

3.79

Today's Change

+0.03 (0.80%)

Day's Change

3.75 - 3.84

Trading Volume

261,700


17 people like this.

19,836 comment(s). Last comment by gooman 1 week ago

Nexusglory

193 posts

Posted by Nexusglory > 2017-06-13 09:39 | Report Abuse

Cepat jampi kuat kuat kikiki

Steven Low

134 posts

Posted by Steven Low > 2017-06-13 10:09 | Report Abuse

Wow, go up too fast. Only able to grab few at high perice

Posted by Mohd Fahmi Bin Jaes > 2017-06-13 11:17 | Report Abuse

tp 4.20

yktay1

464 posts

Posted by yktay1 > 2017-06-13 11:43 | Report Abuse

tp 3.00

pang72

52,265 posts

Posted by pang72 > 2017-06-13 11:44 | Report Abuse

Sell lar

pang72

52,265 posts

Posted by pang72 > 2017-06-13 11:44 | Report Abuse

Over valued

DickyMe

14,973 posts

Posted by DickyMe > 2017-06-13 11:45 | Report Abuse

Ikan bilis in trap.

BERKSHIRE

793 posts

Posted by BERKSHIRE > 2017-06-13 18:08 | Report Abuse

hahaha yktay real joker ke? U know TP 3 means how much PE? please don't show your limit here....Why don't you say TP 0.3??? hahahaha

abangadik

2,305 posts

Posted by abangadik > 2017-06-13 18:42 | Report Abuse

http://www.malaysiastock.biz/Company-Announcement.aspx?id=980309

PENTAMASTER CORPORATION BERHAD ("PCB" OR THE "COMPANY")

- PROPOSED LISTING OF THE COMPANY'S AUTOMATED SOLUTION BUSINESS ON THE MAIN
BOARD OF THE STOCK EXCHANGE OF HONG KONG LIMITED ("PROPOSED LISTING"); AND

- PROPOSED INCORPORATION OF A WHOLLY-OWNED SUBSIDIARY COMPANY.

musangfoxking

3,638 posts

Posted by musangfoxking > 2017-06-13 19:51 | Report Abuse

tks abangadik!!! tomolo sure hike in the price??????

musangfoxking

3,638 posts

Posted by musangfoxking > 2017-06-13 19:57 | Report Abuse

that pang sai guy!!!better change ur pantee size 72!!!!!

k6ii

1,873 posts

Posted by k6ii > 2017-06-13 20:49 | Report Abuse

Hohoho..finally news is out.....4.5 break old record....see u at 5..

k6ii

1,873 posts

Posted by k6ii > 2017-06-13 20:51 | Report Abuse

Who.wan to buy n keep long term...pls buy ya....more oder has loaded to them d..

GemSeekers

1,048 posts

Posted by GemSeekers > 2017-06-13 20:58 | Report Abuse

rumours is true , should be fact , TP 5 soon.

tenmil

98 posts

Posted by tenmil > 2017-06-13 21:45 | Report Abuse

I have no insider information. Putting on my investment banker's hat. This is what i will do to maximize value:

mamatede

3,950 posts

Posted by mamatede > 2017-06-13 21:46 | Report Abuse

Dow Jones is super greeennnnnnnnn

tenmil

98 posts

Posted by tenmil > 2017-06-13 21:48 | Report Abuse

First, split out Ind Auto Services from manufacturing. List the Services where the major markets are. As this Services Business is small, the growth rate will be fast in a huge market like China.

tenmil

98 posts

Posted by tenmil > 2017-06-13 21:51 | Report Abuse

As the service is provided to many different industries, so this is not a cyclical business. What PE will HK market give to a non cyclical high growth services business? Some of the similar players in HK and Taiwan is traded at 30 to 50 times!

tenmil

98 posts

Posted by tenmil > 2017-06-13 21:55 | Report Abuse

The manufacturing of Tester, instruments, sensors and others will remain in PMB. This is booming business for the next couple of years at least. Malaysia market is familiar with this business and value the pure player such as Vitrox at more than 20X PE.

tenmil

98 posts

Posted by tenmil > 2017-06-13 22:01 | Report Abuse

Simply by set up A subsidiary and list the two business where the market could understand and appreciate the fundamental of the respective operations, Penta PE will expand from current FWD PE 12 to hopefully above 20. Plus the earning growth of 20 to 30 %. This is $$$

tenmil

98 posts

Posted by tenmil > 2017-06-13 22:23 | Report Abuse

What will Penta do with the IPO proceeds? Distribute as dividends is a possibility. But Penta ROE is more than 30%, can investors reinvest the dividend at 30% return?

mamatede

3,950 posts

Posted by mamatede > 2017-06-13 23:02 | Report Abuse

Pentamaster will incorporate a wholly-owned subsidiary called Pentamaster International Ltd (PIL) in the Cayman Islands.

Not very happy with Cayman Island

BERKSHIRE

793 posts

Posted by BERKSHIRE > 2017-06-13 23:11 | Report Abuse

Very good identification from tenmil. Lets see how mr market will react then.
Btw, hope those joker dont come back to PENTA forum & talk useless things here...

BERKSHIRE

793 posts

Posted by BERKSHIRE > 2017-06-13 23:28 | Report Abuse

http://www.theedgemarkets.com/article/pentamaster-eyes-spinning-automated-solution-business-hkse?type=malaysia

KUALA LUMPUR (June 13): Pentamaster Corp Bhd is considering the pursuit of a separate listing of its automated solution business on the Main Board of the Hong Kong Stock Exchange (HKSE).

In a filing with Bursa Malaysia today, Pentamaster said details of the proposed listing have yet to be determined.

However, it is of the view the proposed listing will enable its automated solution business to gain recognition and corporate stature through the listing status of its own, as well as further enhance its corporate reputation which will assist in the expansion of its customer base.

"The proposed listing will also enhance efficiency by way of promoting a clearer segregation of business responsibilities and operations for Pentamaster’s existing automated solution business, thereby enabling the respective management teams to focus on opportunities specific to each of the automated solution business," it said.

Pentamaster also believes the exercise will help UNLOCK SHAREHOLDERS' VALUE in the automated solution business and provide a transparent valuation benchmark for the same in Hong Kong, as well as increase its financing flexibility to fund its future growth.

Pentamaster said prior to completion of the proposed listing, it will undertake a reorganisation of its subsidiaries involved in the automated solution business.

"These subsidiaries will continue to remain as subsidiaries of Pentamaster, upon completion of the proposed listing," it added.

Pentamaster also said a detailed announcement in relation to the proposed listing will be made in due course, once it has finalised and approved the structure of the proposed listing.

To facilitate the proposed listing, Pentamaster will incorporate a wholly-owned subsidiary called Pentamaster International Ltd (PIL) in the Cayman Islands.

"The proposed listing is at a preliminary stage and fairly extensive preparatory work is required and that such preparatory work may involve an uncertain time frame," Pentamaster said, adding it is also subject to due diligence by the Hong Kong sponsor and other professional advisers, as well as approval from the relevant authorities in Hong Kong and Malaysia, besides approval from its shareholders at an extraordinary general meeting to be convened.

"The proposed listing is also subject to assessment of other factors, such as general economic and capital market conditions. Therefore, shareholders should note that the proposed listing may or may not materialise," Pentamaster said.

Pentamaster shares closed six sen or 1.58% lower at RM3.73 today, for a market capitalisation of RM546.69 million.

Posted by Mohd Fahmi Bin Jaes > 2017-06-14 06:35 |

Post removed.Why?

yktay1

464 posts

Posted by yktay1 > 2017-06-14 09:27 | Report Abuse

yes berkshire, you said something? lol

hissyu2

868 posts

Posted by hissyu2 > 2017-06-14 10:22 | Report Abuse

oh~~~ i ady prepared a HKEX account, please kasi me hkex shares...

BERKSHIRE

793 posts

Posted by BERKSHIRE > 2017-06-14 11:10 | Report Abuse

hissyu2, which platform u use for foreign stock trading?

Steven Low

134 posts

Posted by Steven Low > 2017-06-14 11:44 | Report Abuse

so quiet... so cold....

alex3388

1,282 posts

Posted by alex3388 > 2017-06-14 11:46 | Report Abuse

Pentamaster eyes HK listing of automated solution business
Read more at http://www.thestar.com.my/business/business-news/2017/06/13/pentamaster-eyes-hk-listing-of-automated-solution-business/#QrjpB5KoXq0xa1Vx.99

musangfoxking

3,638 posts

Posted by musangfoxking > 2017-06-14 14:45 | Report Abuse

listen to the words of wisdom from the great bomoh!!!!! watch out and be ready!!! when penta spurts out, the whole sky will be wet and u will song song!!!!!!!! kikikiki

musangfoxking

3,638 posts

Posted by musangfoxking > 2017-06-14 15:13 | Report Abuse

that's ur view!!!!! not the general consensus!!!!

neotang

44 posts

Posted by neotang > 2017-06-14 15:33 | Report Abuse

will HK listing dilutes our asset in Pentamaster Corporation Berhad?

yktay1

464 posts

Posted by yktay1 > 2017-06-14 15:49 | Report Abuse

Definitely dilutive to EPS in the near term. But shareholders get cash in return. In the longer term depends on whether the business can expand at a faster pace or not.

Whether it is good for existing shareholders or not depends on a few things:

1) Whether they are able to list on HKSE at a higher valuation (higher than current PE on Bursa). Higher valuation = more money through value unlocking, lower valuation = diminish value

2) Use of proceeds - either for expansion or dividends. Most likely expansion as the company last paid a dividend a decade ago. Any expansion must be value enhancing = ROE must be maintained.

3) The benefits in terms of new business opportunities after listing in HK. This one will only be seen probably years in the future.

4) The share price performance after listing. Penta will continue to hold an associate stake in the company, thus the share price would be an indicator of what the business is worth.

They will need to pay the listing fees in HK which is not cheap also.

k6ii

1,873 posts

Posted by k6ii > 2017-06-14 16:06 | Report Abuse

Be patient...Penta is really patient de...drop.just sapu...sapu enough wait show only..
New order has loaded...although qty is lesser compare last quaters but still is make good money already.....

Posted by Rocketfuel > 2017-06-14 16:10 | Report Abuse

Listing on HKSE means they will get the IPO proceeds or the funding they need to expand their business. Existing shareholders will either get a proportion of the new shares on HKSE or get cash back through dividends. But it doesnt make sense to distribute dividends as Penta really needs the funding to expand their business

if you went to their AGM, you would know that they are already at full capacity and urgently need to expand their factory space. More so, their manufacturing of testing equipment is so busy that they need to pull their manpower from the automation segment

I believe they are in the right direction. what they need is more funding. and they have chose the HKSE listing route

musangfoxking

3,638 posts

Posted by musangfoxking > 2017-06-14 16:19 | Report Abuse

thumbs up for the info!

pang72

52,265 posts

Posted by pang72 > 2017-06-14 18:53 | Report Abuse

Good news kah? Told you already...then still scold me....

BERKSHIRE

793 posts

Posted by BERKSHIRE > 2017-06-14 19:52 | Report Abuse

Pang, u judge a stock by daily movement? Lmao. 1 day gambler kah? hahaha

BERKSHIRE

793 posts

Posted by BERKSHIRE > 2017-06-14 21:26 | Report Abuse

haha true also, just ignore them...

Skng Keong

1,256 posts

Posted by Skng Keong > 2017-06-14 23:10 | Report Abuse

Musang r u expect to solan!

lsv1977final

1,447 posts

Posted by lsv1977final > 2017-06-15 07:01 | Report Abuse

Federal reserve increase rate. Huat ar...

Posted by Mohd Fahmi Bin Jaes > 2017-06-15 08:11 | Report Abuse

Dow Jones 21,374.561 +46.09 0.22%

DickyMe

14,973 posts

Posted by DickyMe > 2017-06-15 11:03 | Report Abuse

R.U.N

KCLiew

153 posts

Posted by KCLiew > 2017-06-15 11:17 | Report Abuse

B.U.Y

yktay1

464 posts

Posted by yktay1 > 2017-06-15 12:18 | Report Abuse

hehe..run run..i gave warning earlier

SuperPanda

11,431 posts

Posted by SuperPanda > 2017-06-15 13:34 | Report Abuse

Invest for earnings not sentiment. Believe in FA/TA and AR. Short term will be tough.

GemSeekers

1,048 posts

Posted by GemSeekers > 2017-06-15 13:45 | Report Abuse

going break 4 and heading 5 soon, believe it or will regret .

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