SIGNATURE INTERNATIONAL BHD

KLSE (MYR): SIGN (7246)

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Last Price

1.44

Today's Change

-0.05 (3.36%)

Day's Change

1.43 - 1.51

Trading Volume

2,665,300


2 people like this.

4,216 comment(s). Last comment by paktua73 2 days ago

tomwah

1,596 posts

Posted by tomwah > 2017-05-23 09:27 | Report Abuse

all go to cabnet counter

jediinkl

109 posts

Posted by jediinkl > 2017-05-25 17:32 | Report Abuse

tight and quiet

Posted by garydonald21 > 2017-05-26 10:18 | Report Abuse

No news no movement no business

jediinkl

109 posts

Posted by jediinkl > 2017-05-26 15:24 | Report Abuse

no news= good news.
time to accumulate

jediinkl

109 posts

Posted by jediinkl > 2017-05-29 10:50 | Report Abuse

quarter report not out.

Posted by garydonald21 > 2017-05-29 10:59 | Report Abuse

QR not out already drop... if QR out tapao d lo

tomwah

1,596 posts

Posted by tomwah > 2017-05-29 11:00 | Report Abuse

hopefully jumped out a boat

tomwah

1,596 posts

Posted by tomwah > 2017-05-29 11:01 | Report Abuse

will come back again

Chee Weng

70 posts

Posted by Chee Weng > 2017-05-29 16:32 | Report Abuse

perhaps someone pressing price down knowing that the result is good,then collect it.

Posted by smartklseguru > 2017-05-29 16:37 | Report Abuse

Don't worry about minor drop in company profit, if any. Good company is not dependent on a particular quarterbbut on future prospect. Usually the price movement reflects the market expectation of the result but will not impact the price much after result is out unless it is beyond expectation.

Chee Weng

70 posts

Posted by Chee Weng > 2017-05-29 18:30 | Report Abuse

QoQ increased.well done SIGN

vic_amat87

604 posts

Posted by vic_amat87 > 2017-05-29 18:47 | Report Abuse

Result is out. Not bad. Even profit decrease but they able to make money

vic_amat87

604 posts

Posted by vic_amat87 > 2017-05-29 18:55 | Report Abuse

Chee weng: where did u see qoq increased?

Chee Weng

70 posts

Posted by Chee Weng > 2017-05-29 19:05 | Report Abuse

compare the preceding quarter

vic_amat87

604 posts

Posted by vic_amat87 > 2017-05-29 19:13 | Report Abuse

I sawboth are decreased

Chee Weng

70 posts

Posted by Chee Weng > 2017-05-29 22:01 | Report Abuse

Lol,see clearly

Posted by Wong Chii How > 2017-05-30 09:24 | Report Abuse

Run everyone. Come back when it reached .80

Posted by Wong Chii How > 2017-05-30 10:04 | Report Abuse

More to drop.

jediinkl

109 posts

Posted by jediinkl > 2017-05-30 10:41 | Report Abuse

drop drop drop.
sale sale sale.
buy buy buy.

Posted by garydonald21 > 2017-05-30 12:17 | Report Abuse

Overall still very good what u guy worried about? Just don't understand...

limen12

639 posts

Posted by limen12 > 2017-05-30 13:38 | Report Abuse

Just people trying to find a good buy, people who say sell scaring investors, so they can buy at lower prices.

jediinkl

109 posts

Posted by jediinkl > 2017-05-30 15:11 | Report Abuse

i already picked up some

Posted by Cornerstone > 2017-05-30 15:13 | Report Abuse

wow... why choose this when there are so many other stocks that are on SALE???

jediinkl

109 posts

Posted by jediinkl > 2017-05-30 15:15 | Report Abuse

we feel safe with this counter.

Posted by smartklseguru > 2017-05-30 16:46 | Report Abuse

The main reason of the drop is not the result but the missing dividend.

Posted by Lau Choong Ling > 2017-05-30 16:58 | Report Abuse

Seems dangerous turned, bad

3228

13 posts

Posted by 3228 > 2017-05-30 19:12 | Report Abuse

Money game

jediinkl

109 posts

Posted by jediinkl > 2017-06-01 10:52 | Report Abuse

this is a good dip to pick up.
look at the vol.
not much sellers. (but of course not many buyers for now).

once the dust settle,
if previous months can hit 1.07 with eps 1.4
eps 1.5, stock price would drift higher in the coming weeks.

Chee Weng

70 posts

Posted by Chee Weng > 2017-06-01 16:28 | Report Abuse

yinkee92,can u read quarterly report carefully,revenue and net profit QoQ increases.

jediinkl

109 posts

Posted by jediinkl > 2017-06-01 16:33 | Report Abuse

Further to the announcement made by the Company on 13 January 2017, the Board of Directors of SIGN wishes to update that the Court had on 31 May 2017 ordered that a Consent Order be entered against the First and Second Defendants for a sum totaling RM1,425,215.52 as full and final settlement to Signature Cabinet Sdn Bhd with no order as to costs.



This announcement is dated 1 June 2017.

Posted by Lau Choong Ling > 2017-06-06 21:38 | Report Abuse

Like international company got it

limen12

639 posts

Posted by limen12 > 2017-06-07 10:27 | Report Abuse

why do you say that battersea is gone case for them? but even they dont get battersea, still undervalued based on their amount of order book

jediinkl

109 posts

Posted by jediinkl > 2017-06-07 15:04 | Report Abuse

one of those counters where you wonder what the directors are doing with the share price.
all the counters are moving except this "lovely" counter.

seriously understand most investors' frustrations.

we should all write in to their public relations and ask them what they are doing with their disappointing share price movements.

Posted by Lau Choong Ling > 2017-06-08 19:19 | Report Abuse

Waiting good news

Posted by Lau Choong Ling > 2017-06-08 19:20 | Report Abuse

Most counters are disappointed. Not only this

jediinkl

109 posts

Posted by jediinkl > 2017-06-09 18:04 | Report Abuse

the price movements clearly reflect the project has been snatched.
waiting for the management to do something abt the share price.

yinkee92

158 posts

Posted by yinkee92 > 2017-06-13 15:00 | Report Abuse

Go for Scable. Future bright star in making.

http://klse.i3investor.com/servlets/stk/5170.jsp

In Sarawak, mostly government big project goto GRC ( government related company) like Scable and CMSB. That why CMSB share price shoot from rm0.70 til rm4.20 in just few years. As they directly get the project from government and Sub-contract to the small company.

Both GRC is owned by Our Sarawak TYT and his family. U still think got people can beat them down. Sacble could be the second CMSB in future or maybe better than it. EPS dropped as they had spent a lot in hydropwer plant indonesia. But once it completed , it will start to generate profit and lower their expense.


Proxy to Sarawak infrastructure play. Outlook remains steady as mega projects such as Pan Borneo Highway, TRX, MRT2, LRT3, coupled with the implementation of Bekalan Elektrik Luar Bandar (BELB) may spur the demands of cables in the local markets. Furthermore, Sarawak Energy Berhad (SEB) will be implementing budgeted projects to meet shortage of power supply within Sarawak. Scable expects transmission lines amounting to more than RM500m in value will be rollout by SEB in 2017.

Posted by Lau Choong Ling > 2017-06-14 13:56 | Report Abuse

It has stages, battersea future stages are under tender now. I see.

limen12

639 posts

Posted by limen12 > 2017-06-14 16:38 | Report Abuse

Good time to buy as it is undervalued and it is shown that their previous quarter on track to its fair valuation of RM1.1

Posted by Wong Chii How > 2017-06-15 10:15 | Report Abuse

Good time to buy this share at this undervalued price.
Low PE

Js Goh

130 posts

Posted by Js Goh > 2017-06-15 11:24 | Report Abuse

Not much hype to push this counter up

yinkee92

158 posts

Posted by yinkee92 > 2017-06-16 10:37 | Report Abuse

Go for Scable. Future bright star in making.

http://klse.i3investor.com/servlets/stk/5170.jsp

In Sarawak, mostly government big project goto GRC ( government related company) like Scable and CMSB. That why CMSB share price shoot from rm0.70 til rm4.20 in just few years. As they directly get the project from government and Sub-contract to the small company.

Both GRC is owned by Our Sarawak TYT and his family. U still think got people can beat them down. Sacble could be the second CMSB in future or maybe better than it. EPS dropped as they had spent a lot in hydropwer plant indonesia. But once it completed , it will start to generate profit and lower their expense.


Proxy to Sarawak infrastructure play. Outlook remains steady as mega projects such as Pan Borneo Highway, TRX, MRT2, LRT3, coupled with the implementation of Bekalan Elektrik Luar Bandar (BELB) may spur the demands of cables in the local markets. Furthermore, Sarawak Energy Berhad (SEB) will be implementing budgeted projects to meet shortage of power supply within Sarawak. Scable expects transmission lines amounting to more than RM500m in value will be rollout by SEB in 2017.

yinkee92

158 posts

Posted by yinkee92 > 2017-06-16 15:11 | Report Abuse

Orderbook of RM220m
Facility expansion to cater for more value-added products
Tapping into regional markets for growth
Not rated with FV of RM1.16 based on FY18F PER of 11x Business Overview:
Signature International Bhd (Signature) designs, produces, markets and distributes kitchen systems under its flagship brand Signature Kitchen and mass market brand Kubiq. The company was established in year 1994 and listed in year 2008.

Investment theses:

1. Orderbook of RM220m. Signature derives 70% of its sales from projects and the remaining is made up of retail sales. Media report mentioned that the Company has RM220m unbilled orderbook as of end-February and this is higher than FY16’s RM150m. Moreover, it takes part in tendering processes actively and is bidding for close to RM500m worth of jobs. It counts the country’s first-tier developers as its clients.

2. Facility expansion to cater for more value-added processes. Signature is increasing its gross floor space in Kota Damansara from 98,043 sq ft to 164,043 sq ft. Out of the new floor space, 10,000 sq ft is office space and 56,000 sq ft is for its warehouse and production floor. Separately, it will increase its aluminium and glass fabrication production at its Meru site.

3. Fine-tuning marketing strategies to stay on the top. Signature is a market leader of premium kitchen systems in the local market. In FY16, it sells 99% of its products locally while the remaining is exported. It has tied up with financial institutions to provide loans to buyers and plans to expand its overseas sales through the local project dealers in those countries.

4. Strong balance sheet. The company’s gearing was at a healthy 0.04x as at end-2016. That gives room for investments and growth opportunities.

Valuation:
We ascribe a fair value of RM1.16 on Signature based on 11x PER of FY18F EPS of 10.52 sen. There is no other listed kitchen system maker like Signature in Malaysia that commands a strong branding. The 11x ascribed is a slight discount to FBM Small Cap forward PER of 12x.

jediinkl

109 posts

Posted by jediinkl > 2017-06-20 10:02 | Report Abuse

no volume.
cheah cheng hye not interested in this counter anymore.

3228

13 posts

Posted by 3228 > 2017-06-21 10:50 | Report Abuse

Slow fire steamed fish

Posted by Cornerstone > 2017-06-21 11:03 | Report Abuse

sell...

jediinkl

109 posts

Posted by jediinkl > 2017-06-22 11:23 | Report Abuse

sell sell sell

limen12

639 posts

Posted by limen12 > 2017-06-22 11:41 | Report Abuse

time to collect while people sell. undemanding valuation for company that has growing order book

David Ang

29 posts

Posted by David Ang > 2017-06-29 15:52 | Report Abuse

agreed. collect time

capoon

63 posts

Posted by capoon > 2017-07-03 17:14 | Report Abuse

collect2!

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