He announced, “In view of KESM’s outstanding performance, an interim tax exempt dividend of 6.5 sen for financial year 2017 was paid in August 2017. Additionally, in recognition of our loyal shareholders who have continued to support us, the Board has proposed a final tax exempt dividend of 6 sen amounting to RM2.6 million to be approved by shareholders at the forthcoming Annual General Meeting. These intended dividend payments would represent a total of 12.5 sen dividend payout for 2017
Mr. Lim explained, “We are preparing our resources to focus our growth in the automotive segment of the semiconductor industry. We continually build our core competencies to meet the stringent quality demands of our customers in this market. Healthy car sales are likely to remain, increasing semiconductor sales as technology systems and complexity per vehicle increases. KESM is well-positioned for the upswing in the industry.”
According to industry forecast, the average semiconductor content per car will grow from US$490 in 2016 to US$520 in 2017. This growth is driven mainly by communication & entertainment, green initiatives, safety, telematics, lighting and invehicle networking.
My advise is to buy now than later! You won't have even a chance to consider when more fund managers, big players come in.
Share outstanding on 43mil, and majority not circulating outside alredi. Strong hand who like me bought during rm5,6 will continue to hold as long as company growing strong ,generating healthy cashflows!
I bought 4.00 and sold at 4.60 why should I cry? I never regret one,if make already happy.just that the price now is not cheap compared to the low PE that I bought last year
No. You are wrong. Business growing, price will continue rise If same logic, public bank 20 years ago you said u buy 2, sell 2.50. but you miss out the next 20 ringgit gain
aiyah, my parents are shopkeepers but i am a millionaire now!!! so ur comparison of rich son and poor father is irrelevant; just show ur stupidity!!!! kikikikikiki
apolloang, u r telling lies if u said u have no regret selling at 4.60, bot at 4.00!!! ur statement reflects that u just earn peanuts in bursa!!! not enuf to pay your medical bills when u fell sick!!!! wakakakakakkakaka!!!
apolloang, sure regret very much, that's why he try to talk bad about this counter, hope maybe it will drop to 4 for him to collect, hahahaha. This is a die die hold counter lo, cannot imagine when driverless car start selling...
the reason why i hantam kesm is because of its very aggressive PPE purchase. Since they are so optimistic of the future sales, i think i can tumpang their optimism.
Also, the depreciation accounting trick. My recalculation yields me 30% ROE (anyone can share your calculation also?), and now T4Q PE is around 15 only.
He announced, “In view of KESM’s outstanding performance, an interim tax exempt dividend of 6.5 sen for financial year 2017 was paid in August 2017. Additionally, in recognition of our loyal shareholders who have continued to support us, the Board has proposed a final tax exempt dividend of 6 sen amounting to RM2.6 million to be approved by shareholders at the forthcoming Annual General Meeting. These intended dividend payments would represent a total of 12.5 sen dividend payout for 2017.”
Sunright owned ~48% of KESM shares... KESM market cap= RM$650.38M or S$216.8M 48% of S$216M=$104.1M So dividing by the number of shares outstanding for sunright $104M/122M, that stake alone is worth ~85 cents... Now Sunright is trading at 55 cents...a 65% discount for its stake in kesm alone..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
paperplane2016
21,668 posts
Posted by paperplane2016 > 2017-09-19 23:32 | Report Abuse
He announced, “In view of KESM’s outstanding performance, an interim tax exempt dividend of 6.5 sen for financial year 2017 was paid in August 2017. Additionally, in recognition of our loyal shareholders who have continued to support us, the Board has proposed a final tax exempt dividend of 6 sen amounting to RM2.6 million to be approved by shareholders at the forthcoming Annual General Meeting. These intended dividend payments would represent a total of 12.5 sen dividend payout for 2017