Posted by ethankin > 2015-02-17 16:06 | Report Abuse

Now drop back to rm1.87

Posted by tkp1 > 2015-02-17 16:07 | Report Abuse

buy more

Posted by cipapo > 2015-02-17 16:28 | Report Abuse

it's a trap....dropping with low vol

Posted by tkp1 > 2015-02-17 16:42 | Report Abuse

1.87 is lower than the previous hight price before the quarterly results announced, how low can they press, if it is a trap, is a "fatt choy" trap for those who believe in this counter.

BTW, I like counter with operator, which mean later they will push it up higher. Believe me, after CNY sure huat !!! Buy now.

Posted by tkp1 > 2015-02-17 16:50 | Report Abuse

next week once breakout RM2, it will go all the way to RM3 in 1-2 months. Opportunity to buy a discount price now

Posted by tkp1 > 2015-02-17 16:59 | Report Abuse

Sign appearing in The Edge "Stock with Momentum" today

Posted by tkp1 > 2015-02-18 09:59 | Report Abuse

look like today going to hit above 2

Posted by tkp1 > 2015-02-18 10:00 | Report Abuse

huat ah, buy now before too late

Posted by tkp1 > 2015-02-18 10:00 | Report Abuse

after CNY you can't get below 2

Posted by ethankin > 2015-02-18 10:09 | Report Abuse

You will regret if not buy now....

Posted by nomadmy > 2015-02-18 10:29 | Report Abuse

A few of you said the price will hit 2 or 3, and some said HUAT; if so, why one of the Major Share Holders - Hsc Healthcare Sdn Bhd was dumping their shares since early this week? Think...... think properly....

Posted by tkp1 > 2015-02-18 10:36 | Report Abuse

Edge Weekly

Signature unperturbed by softer property market

By Tang Wei Lynn / TheEdge | February 10, 2015 : 6:00 PM MYT

SIGNATURE INTERNATIONAL BHD is unperturbed by the slowdown in the property market. The kitchen cabinet and wardrobe maker is still receiving a fair number of enquiries from prospective customers every month.

Besides, Signature (fundamental: 2.1; valuation: 2.4) is hopeful of winning a slice of the high-quantity projects in a 5 to 10-year development by Chinese developers in Iskandar Malaysia.
Also, it sees opportunities in affordable housing projects under the Perumahan Rakyat 1Malaysia (PR1MA) programme.

“We will be able to achieve double-digit growth [in revenue and profit] for the financial year ending June 30, 2015 (FY2015). For FY2016, we are very confident. For FY2017, it will depend on how fast our order book translates into revenue recognition,” its managing director Tan Kee Choong tells The Edge.

Signature’s project division is currently sitting on an unbilled order book of RM200 million and a tender book of RM500 million that is spread over three to five years. Tan is optimistic that the group can sustain its figures “beyond three years”. “I agree that property launches are slowing down. However, it’s not like there are totally no launches. There are launches, and we are still receiving enquiries. Being a market leader here, even if the project launches are fewer, we will still have projects to work on,” says Tan, who is also the company’s single largest shareholder with a 24.9% stake.

For FY2014, Signature posted a net profit of RM19.2 million, or 16.2 sen per share, on revenue of RM178.7 million, of which 69% was contributed by the project division.
Its net profit tripled to RM6.67 million, or 5.6 sen per share, in the first quarter ended Sept 30, 2014 (1QFY2015) from RM2.03 million in 1QFY2014. Revenue more than doubled to RM59.3 million from RM27 million.

The continued order flow explains the rationale for Signature’s purchase of five parcels of industrial land in Seremban recently for RM50.8 million to double its capacity.
Signature’s pro forma gearing will increase to 0.58 times from 0.16 times if the land purchases are funded solely by borrowings, but Tan says the group is comfortable at this level, given its steady cash flow.

Signature is still very much focused on the home market, with the central region accounting for 60% of its tender book; the southern region, 30%; and the northern region, Sabah and Sarawak, 10%. “We are [now] focusing on Sabah. There are fewer competitors there, and we stand a very good chance. We have done a couple of projects there and because of that, we’re invited to tender [for contracts] when there are project launches,” Tan says. Historically, Signature’s tender book has a success rate of 40% to 50%, based on the number of projects, and not the values of the tenders. The values of the tenders can range from RM2 million to RM20 million.

On the Battersea project in London, in which Signature had bid for, Tan says the group has failed to win the contract for the first phase and is now following up on the second phase, although it is still in the preliminary stage. The second phase contract, which is estimated at RM20 million to
RM30 million, is expected to be awarded in the middle of next year, he says.

While the group continues to focus on high-end projects, he says it sees the PR1MA programme as an extended offering. Tan, however, notes that PR1MA, which is spread over 10 years, is still very much in the preliminary stage. “What we are proposing for PR1MA is, bundling our offerings with loan packages. As the government currently has no plans to include [the cost of] kitchen cabinets as part of the loan, we are trying to work out a scheme. That’s the plan, but it’s still in the early stage,” he says. “Nonetheless, I don’t see this (PR1MA) as a major contributor to our earnings. If we can get it, it will be a bonus.”

Signature enjoys a gross profit margin of 30% for its high and mid-end projects, Tan says.
The group is also optimistic about the performance of its retail division (30% contribution to group revenue), which generates cash flow and helps establish its brand. “While the project division will remain as our main driver, we have equal focus on the project and retail divisions. A revenue contribution ratio of 70:30 or 65:35 will be good … we do not want the retail division to be too small,” says Tan.

To further build its brand, the group set up two Signature Lifestyle Galleries last year — at The Cube in Puchong, Selangor, and Danga Utama in Johor — to provide a “lifestyle experience” to prospective customers and host cook shows and so on. “We expect about 10% growth in the retail segment every year, hence we will add three more galleries as part of our five-year plan [which started last year]. We will not see immediate returns, but [I’m confident that] the galleries will generate extra revenue for the group"

Posted by tkp1 > 2015-02-18 10:37 | Report Abuse

http://www.theedgemarkets.com/my/article/signature-unperturbed-softer-property-market

Posted by nomadmy > 2015-02-18 10:45 | Report Abuse

The Edge Weekly news article sound very convincing.... I wonder why the major share holder dumped their share? I don't think they are NOT greedy. ;-)

Posted by cipapo > 2015-02-18 10:52 | Report Abuse

THEY MAKE IT SOUND CONVINCING BECAUSE THEY WANT TO DUMP THEIR HOLDING STOOPID...CHECK 2014...SIGN GOT NO TRANSACTION..NO BUYING INTEREST...NOW IS TIME FOR THEM TO SELL...ONCE SELL ALL...SIGN WILL BE A COLD STORAGE STOCK

Posted by tkp1 > 2015-02-18 11:03 | Report Abuse

Nomadmy, for me, as long as the 2 key directors: TAN KEE CHOONG & CHOOI YOEY SUN are still with the company and doesn't dispose their share, it should be OK, both of them combined hold more than 50% of stake in the company, and they are the key persons running the company. HSC Healthcare is just a independence shareholders I guess.

Posted by tkp1 > 2015-02-18 11:05 | Report Abuse

look at the company fundamental, this is most important thing to drive the share price, the fundamental is very very solid with tremendous growth potential for the next few quarters.

Posted by tkp1 > 2015-02-18 11:06 | Report Abuse

hit RM2 even before CNY, huat ah.

Posted by tkp1 > 2015-02-18 11:23 | Report Abuse

Cipapo, if what you said is correct, just be smart, ride on the up trend, and sell before they sell, don't be so stupid, haha

Posted by Joel > 2015-02-18 11:24 | Report Abuse

看来今天半天会达RM2.00 以上。

Posted by Joel > 2015-02-18 11:28 | Report Abuse

我本人今天TP SIGN 达RM2.10 ！
买！

Posted by tkp1 > 2015-02-18 11:30 | Report Abuse

haha Joel, hopefully

Posted by Joel > 2015-02-18 11:35 | Report Abuse

现在RM1.99/2.00
起了RM0.11。

还有RM0.09 还没起。

Posted by Joel > 2015-02-18 11:39 | Report Abuse

现在已起了RM0.12

rm1.99/2.00

Posted by ethankin > 2015-02-18 11:44 | Report Abuse

I love you! Sign!

Posted by Joel > 2015-02-18 12:04 | Report Abuse

http://www.theedgemarkets.com/my/article/stocks-momentum-signature-international

Posted by johnny cash > 2015-02-20 14:48 | Report Abuse

Property slow down 2015

Posted by Joel > 2015-02-20 14:56 | Report Abuse

Slowdown doesnt mean no ppls wan to buy property.

Govgot Pri1m houses to be build.

Posted by Joel > 2015-02-21 21:20 | Report Abuse

SIGN Financial Information
Market Capital (RM)
: 237.60m

EPS (cent)
: 26.46 *

P/E Ratio
: 7.48

Par Value (RM)
: 0.500

NTA (RM)
: 1.170

Dividend (cent)
: 5.000

Dividend Yield (%)
: 2.53

Dividend Policy (%)
: 0

* Calculated based on the net profit of the trailing twelve months and latest number of shares issued.

Posted by Joel > 2015-02-21 21:21 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1877245

Posted by tkp1 > 2015-02-21 21:48 | Report Abuse

Let me summarize all the good points about SIGN:

1. Property market slowdown in 2015. Yes, true, in fact property market start to slow down since 2014, but Signature being the market leader in this industry is still seeing a tremendous growth for the last 6 quarters due to the strong performance and strong order book.

2. Strong growth for the last 6 quarters, very consistent growth so far:
FY/Q Rev Net Profit EPS
FY2015 Q2 $71m $12.1m 10.2
FY2015 Q1 $59m $6.7m 5.6
FY2014 Q4 $63m $8.7m 7.4
FY2014 Q3 $42m $4.1m 3.5
FY2014 Q2 $42m $2.9m 2.4
FY2014 Q1 $27m $2m 1.7

3. Current unbilled order book - $200m

4. Tender book of RM500 million that is spread over three to five years, and history success rate is 40%-50%, which mean around RM250m.

5. The continued order flow explains the rationale for Signature’s purchase of five parcels of industrial land in Seremban recently for RM50.8 million to double its capacity.

6. Other potential project:
a. High-quantity projects in a 5 to 10-year development by Chinese developers in Iskandar Malaysia.
b. Expansion in Sabah Market
c. Growth in retail estimated 10%, set up two Signature Lifestyle Galleries last year — at The Cube in Puchong, Selangor, and Danga Utama in Johor
d. PR1MA project ~RM200m

Posted by Joel > 2015-02-22 09:33 | Report Abuse

wow, tkp1!

我读了你给的以上的statements@SIGN,

那怪Cimb @Cover research report 给予TP rm4.13. (名副其实！)

Posted by Joel > 2015-02-22 09:34 | Report Abuse

真的是投资者们的Radar!

Posted by albukhary > 2015-02-22 09:40 | Report Abuse

Then how you guys explain why the main shareholders dispose their share million by million?

Posted by Joel > 2015-02-22 11:42 | Report Abuse

Main shareholders 如果不抛售手头上的股，
哪会有投资者买入呢。

想一想，如果只有人买而已，没有人卖，(卖的人要配合才行)
股价哪里会上涨。

Posted by Joel > 2015-02-22 13:09 | Report Abuse

举个例子，大家还记得Teoseng-WA 第一天listed in Bursa 吗？

那天是完全没有Sellers ，只有Buyers 排着队要买都没的得买。

第二天后才有少许Sellers Q to sell 罢了。

Posted by tkp1 > 2015-02-22 17:03 | Report Abuse

True, TAN KEE CHOONG & CHOOI YOEY SUN the 2 important guy that run the company didn't dispose at all, both combined hold more than 50% stake, HSC Healthcare is just passive investors, like EPF when they sold their stake in any counter is mainly due to profit taking, nothing wrong, as long as Tan and Chooi is holding, I don't see any concerns at all.

Furthermore, there are some 1 million shares changed hand on 9 Feb 2015 @ 1.73 in 3 transaction, personally, I believe this shares transfer to operator hand for them to push the price.

Posted by tkp1 > 2015-02-22 17:10 | Report Abuse

We need operator to push the price, just depend on retailer the price won't move very far.

Posted by tkp1 > 2015-02-22 17:10 | Report Abuse

Based on all the facts and figure, my personal TP1 is $2.5 (Feb), TP2 is $3 (Mar-Apr), and if next quarter results can continue to improve, TP3 $4 is achievable in May-July.

Posted by Joel > 2015-02-22 17:21 | Report Abuse

Another thing is that Sign only one stock name ,
dun have any warrant listing like Wa, Wc , Wb.

Only Mother Share@SIGN to buy.

Posted by Joel > 2015-02-23 09:24 | Report Abuse

Buy vol intact today!

Posted by Joel > 2015-02-23 09:28 | Report Abuse

guys sis, do u see today price?

Posted by tkp1 > 2015-02-23 09:33 | Report Abuse

Yes yes, huat ah !!!

Posted by tkp1 > 2015-02-23 09:35 | Report Abuse

technically, it breakout from all time high of 1.99 in Sep 2014, up trend confirm, enjoy the ride.

Posted by tkp1 > 2015-02-23 09:35 | Report Abuse

2.5 this week

Posted by Joel > 2015-02-23 09:39 | Report Abuse

I TP for SIGN today RM2.30!

Posted by Joel > 2015-02-23 09:41 | Report Abuse

RM2.30， 不是没这个可能的。

Posted by Joel > 2015-02-23 10:06 | Report Abuse

Can take opportunities to collect once got some price correction for today.

Posted by tkp1 > 2015-02-23 10:19 | Report Abuse

yes, if you miss the boat last week, any price below 2.1 is a good chance to collect.

Posted by Joel > 2015-02-23 10:46 | Report Abuse

going to rebound second time!