RESINTECH BHD

KLSE (MYR): RESINTC (7232)

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Last Price

0.56

Today's Change

-0.01 (1.75%)

Day's Change

0.54 - 0.56

Trading Volume

1,098,900


2 people like this.

524 comment(s). Last comment by ZoeZoe 1 day ago

KEYBOARD

267 posts

Posted by KEYBOARD > 2017-10-21 12:30 | Report Abuse

JOHN LU...KEEP sapu 64 c..@@

KEYBOARD

267 posts

Posted by KEYBOARD > 2017-10-21 12:30 | Report Abuse

abang mad already..

KEYBOARD

267 posts

Posted by KEYBOARD > 2017-10-21 14:28 | Report Abuse

this wei xidu also in ocncash..cut all already??

KEYBOARD

267 posts

Posted by KEYBOARD > 2017-10-21 14:31 | Report Abuse

buy now macam ok...price up back all player will come out again

KEYBOARD

267 posts

Posted by KEYBOARD > 2017-10-24 12:37 | Report Abuse

....anyone here?

KEYBOARD

267 posts

Posted by KEYBOARD > 2017-10-26 15:59 | Report Abuse

...no one here...

kyosan

786 posts

Posted by kyosan > 2017-11-03 10:06 | Report Abuse

buy n hold...nxt qtr rslt

KEYBOARD

267 posts

Posted by KEYBOARD > 2017-11-30 11:49 | Report Abuse

this counter look.....finish

KEYBOARD

267 posts

Posted by KEYBOARD > 2017-12-02 11:16 | Report Abuse

john lu here?

Abang Mad

1,496 posts

Posted by Abang Mad > 2018-06-04 23:24 | Report Abuse

Where r u keyboard?

Posted by SAStockAlliance > 2018-07-18 21:26 |

Post removed.Why?

Wuzy

1,573 posts

Posted by Wuzy > 2018-10-23 22:40 | Report Abuse

suddenly fly

apolloang

18,163 posts

Posted by apolloang > 2018-10-23 22:42 | Report Abuse

ini tipu punya last min eat 100 share only

Posted by 252778805426957 > 2019-01-25 13:56 | Report Abuse

有骨气就别让它掉下去,我们保持0.3再低也不卖!也不想想我们买价大过0.3,直接想0.27,哪有那么便宜的事?

Posted by commonsense > 2019-03-15 12:14 | Report Abuse

The company’s 12 months trailing profit is only RM1.1mil which is very low given its market cap of RM40mil . At the current share price, it is trading at a PE multiple of 34.5x. This is high for a company that is actually facing negative profit growth due to decreasing profit margins.

If you are looking to hedge your portfolio outside of Resintech (due to its weak earnings outlook and relatively high valuation), I would recommend you to look at MBMR. (https://klse.i3investor.com/servlets/stk/pt/5983.jsp)

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.6x PE based on FY18 profit of RM166mil. PB is low at only 0.7x BV.

FY19 should deliver another profit growth year to the company. Profit growth will again be driven by the performance of Perodua (via MBMR 22.6% holdings in Perodua) from the still strong sales of new Myvi, sales of SUV Aruz and the introduction of the newly revamp Alza sometime in the 2H19. Aruz which commands a higher margin compared to other models, will help improve the total profit margin of Perodua (which will flow to MBMR’s bottom line as well).

MBMR is expected to achieve a profit of RM200mil in 2019. At the current share price, the company is being valued at only 5.5x which is a lot lower than the industry average of 15x PE. As an example, UMW (another company with exposure to Perodua) is currently trading at a PE multiple of almost 20x.

Good luck.

zhangliang

728 posts

Posted by zhangliang > 2020-06-01 23:47 | Report Abuse

No one notice tis company. Name oso give away. Resintech, produce & sell product tt use Resin as raw material. Oil price drop, Resin price fall, cost of raw material fall, profit margin increase, bigger profit. Hence, share price go up. Make sense?

zhangliang

728 posts

Posted by zhangliang > 2020-06-30 18:38 | Report Abuse

This 1 oso gud, revenue jatuh a bit but cost of goods sold fall so much. Profit nt bad. Once ddemand pick up results v strong one. Reisin price fall so much summore

pts2222

85 posts

Posted by pts2222 > 2020-07-08 12:10 | Report Abuse

拔地通天之势,擎手捧日之姿,
方古此山先得日,诸峰无雨亦生云”。

zhangliang

728 posts

Posted by zhangliang > 2020-07-11 21:25 | Report Abuse

V deep my fren. All I noe, it’s coming

zhangliang

728 posts

Posted by zhangliang > 2020-08-06 16:47 | Report Abuse

every1 neglect, soon ur turn ok? Dw, Reisin price fall, cost of material fall, profit rise!

zhangliang

728 posts

Posted by zhangliang > 2020-08-07 14:45 | Report Abuse

Coming Resintech. Coming!

pts2222

85 posts

Posted by pts2222 > 2020-08-08 14:24 | Report Abuse

梁启超《新罗马·侠感》
:“纷纷成败无凭准,自古道皇天不负有心人,伫看起陆龙蛇演出风云阵。”

zhangliang

728 posts

Posted by zhangliang > 2020-08-09 22:42 | Report Abuse

I don noe wat u saying pts222 but let’s just 2gether!

zhangliang

728 posts

Posted by zhangliang > 2020-08-10 14:19 | Report Abuse

agree with u Stocktrading88!

pts2222

85 posts

Posted by pts2222 > 2020-08-10 17:12 | Report Abuse

huat 2

yangxi

416 posts

Posted by yangxi > 2020-08-10 22:32 | Report Abuse

hehe , huat

ML Corp

58 posts

Posted by ML Corp > 2020-08-14 16:08 | Report Abuse

RESINTEK

zhangliang

728 posts

Posted by zhangliang > 2020-08-16 18:16 | Report Abuse

Cantik! Next week 30 sens

pts2222

85 posts

Posted by pts2222 > 2020-08-21 18:24 | Report Abuse

First Interim Single-Tier Dividend of 1.5 sen per ordinary share

gongxifacai

yangxi

416 posts

Posted by yangxi > 2020-08-25 09:43 | Report Abuse

sold 0.36 . tq

Musfaz83

619 posts

Posted by Musfaz83 > 2020-11-10 16:17 | Report Abuse

worth to keep

pts2222

85 posts

Posted by pts2222 > 2020-12-18 12:26 | Report Abuse

Pursuant to Paragraph 10.08(1) of Bursa Malaysia Securities Berhad’s (“Bursa”) Main Market Listing Requirements (“Listing Requirements”), the Board of Directors of Resintech Berhad (“the Company”) wishes to announce that its wholly-owned subsidiary, Resintech Plastics (M) Sdn. Bhd. ("RPSB" or "Purchaser") had on 15 December 2020 entered into a Sale and Purchase Agreements ("SPA”) with Resintech Holding Sdn. Bhd. (“RHSB” or “Vendor”) (formerly known as Kang Heng Enterprise Sdn. Bhd.) to acquire of the industrial property with an aggregate gross area measuring approximately 843.095 square meters (9,075 square feet) located at Lot No. PT 14228, HS(D) 128469, Pekan Pandamaran, District of Klang, State of Selangor Darul Ehsan for a total consideration of RM1,590,000.00 (”Proposed Acquisition”).

Please refer to the attachment for further details on the Proposed Acqusition.

thesteward

6,769 posts

Posted by thesteward > 2021-01-07 10:54 | Report Abuse

Gogo looking good

Posted by SpicyMcDeluxe > 2021-01-07 16:17 | Report Abuse

kekw

ahgorgor

177 posts

Posted by ahgorgor > 2021-01-15 21:41 | Report Abuse

Fundamentally good

Posted by damansaraeagle > 2021-01-17 01:34 | Report Abuse

good fight at 0.375

Posted by SuperWisdom > 2021-01-18 09:08 | Report Abuse

Resintc.

Posted by GorengHealthcare > 2021-01-18 09:10 | Report Abuse

okok huat

Posted by damansaraeagle > 2021-01-18 09:17 | Report Abuse

10% increase already Ma

Abang Mad

1,496 posts

Posted by Abang Mad > 2021-01-18 11:59 | Report Abuse

limit up

CUTLOST

5,178 posts

Posted by CUTLOST > 2021-01-18 12:35 | Report Abuse

Wow.. Wait finish goreng first.. To hi for me

Abang Mad

1,496 posts

Posted by Abang Mad > 2021-01-20 17:03 | Report Abuse

Good move today

Superb99

6,578 posts

Posted by Superb99 > 2021-01-20 17:46 | Report Abuse

fake breakout, up to 0.475 then closed at 0.425...if closed above 0.435 then cantik

Abang Mad

1,496 posts

Posted by Abang Mad > 2021-01-21 13:23 | Report Abuse

Today will show good closing

Superb99

6,578 posts

Posted by Superb99 > 2021-01-22 10:12 | Report Abuse

Today gap down...gg

Superb99

6,578 posts

Posted by Superb99 > 2021-01-27 11:40 | Report Abuse

sigh...clumsy counter...

Posted by SpicyMcDeluxe > 2021-02-03 16:04 | Report Abuse

kekw

emo

55 posts

Posted by emo > 2021-02-04 17:25 | Report Abuse

WEI HWEI HONG Acquired RESINTECH 250,000 shares

satha44

1,740 posts

Posted by satha44 > 2021-02-05 21:26 | Report Abuse

Market going crazy ..so many limit up..
This one cant even retest its IPO price. Useless.
Dont touch. One hand buying..the other hand selling...

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