Posted by leekh5555 > 2017-09-21 15:13 | Report Abuse

my average cost below 7.00..now i put KESM into my safe already.

Posted by apolloang > 2017-09-21 15:14 | Report Abuse

average cost 7.00, 100,000 units ar?

Posted by ongmari > 2017-09-21 15:15 | Report Abuse

wow..below 7..u real good....

Posted by ongmari > 2017-09-21 15:16 | Report Abuse

must learn from sifu

Posted by ongmari > 2017-09-21 15:18 | Report Abuse

apollo..wat other counters u invest..can share uh??

Posted by leekh5555 > 2017-09-21 15:20 | Report Abuse

apolloang, time is precious,don't waste it.

Posted by Alex Foo > 2017-09-21 15:24 | Report Abuse

btw, kesm no competitor? so can kesm naik harga for their burn-in service? Naik 1% also can

Posted by apolloang > 2017-09-21 15:24 | Report Abuse

why time is precious? I got a lot of time dunno what to do? hahaha

Posted by ooihk899 > 2017-09-21 15:30 | Report Abuse

Alex, don't you see their NP is in increasing trend.

Posted by Alex Foo > 2017-09-21 15:34 | Report Abuse

@ooihk899

ya, i suspect it's because of them rendering more-value added services, or just incremental service due to the latest machinery purchased by KESM.

So, since kesm is the market leader, therefore I assume that it has pricing power as well. A slight increase in burn-in charge can help secure a more attractive margin (but it seems that in this industry, there's always a cap on how much kesm can go).

Posted by tecpower > 2017-09-21 15:53 | Report Abuse

Locally, KESM Industries Bhd (KESM) which specialises in electronic manufacturing services (EMS) and provides semiconductor burn-in services, electrical testing of semiconductor integrated circuit (IC), tape and reel assembly has been tipped to benefit from rising automotive sales and increased electronic chips content in cars.

Affin Hwang Investment Bank Bhd (Affin Hwang) in a report dated August 15 said KESM provides a good proxy to the stable and growing automotive semiconductor segment.

The research firm believed KESM is in the right segment to benefit from an automotive structural growth story with strong growing demand for electronics for vehicles, from safety to infotainment and autonomous vehicles.

It noted KESM is an approved vendor for most automotive integrated device manufacturers (IDM) adding that more than 70 per cent of the company’s revenue in financial year 2015 was derived from the automotive segment.

Citing semiconductor market research firm IC Insights, Affin Hwang said the automotive segment would be the fastest growing sub-segment within the semiconductor industry.

The research firm opined that the healthy growth in the automotive segment would be spurred by the production of autonomous vehicles.

An autonomous car is basically a vehicle that is capable of sensing its environment and navigating without human input and uses a variety of techniques such as radar, lidar, global positioning system, odometry and computer vision.

Affin Hwang noted the autonomous vehicle market is expected to grow to US$41 billion by 2025 and thus could result for the increase of electronic components in vehicle given higher vehicle sophistication

Posted by paperplane2016 > 2017-09-21 16:16 | Report Abuse

fast up and down

Posted by paperplane2016 > 2017-09-21 16:22 | Report Abuse

According to marco data, all semi conductor related business doing super well. and expected to continue in 2018, no worry adding more

Posted by paperplane2016 > 2017-09-21 16:30 | Report Abuse

16.50 ADD, waiting RM20 next yr, 21% more good enough

Posted by apolloang > 2017-09-21 16:33 | Report Abuse

why last month 13.50 no ADD? hehe

Posted by tecpower > 2017-09-21 16:34 | Report Abuse

KLCI was down for four consecutive days. It is likely to rebound greatly on Monday. Buy the stock before the closing. No market for tomorrow.

Posted by paperplane2016 > 2017-09-21 16:44 | Report Abuse

need to break new high only i buy. avg up

Posted by paperplane2016 > 2017-09-21 16:59 | Report Abuse

buy and hold, don't play contra, short term

Posted by hstha > 2017-09-21 17:00 | Report Abuse

good price to buy at

Posted by GGGal88 > 2017-09-21 17:00 | Report Abuse

Hi all , i am a newbie in share market ...just read about KESM today and feel quite amaze on its share's price .
Alex Foo sifu if i not mistaken UNISEM & INARI both company can be Hi all , i am a newbie in share market ...just read about KESM today and feel quite amaze on its share's price .
Alex Foo sifu if i'm not mistaken Kesm ,UNISEM & INARI can be categorized in the same field .

i Try to compare these 3 companies in term of rev,profit,cashflow,debt,PE...# of share outstanding ect...
Inari RM2.5 ( had split on Jan from 3.5 to 1.8sth) - 2.02b outstanding # of share
Unisem RM3.87 -733.83m outstanding # of share
Kesm RM16.5 - 43.01m outstanding # of share

Inari have the lowest share price follow by unisem and the highest is Kesm .
But if compare the datas as per mention above Inari seem like having the good profit & data follow by unisem and lastly by Kesm ....( actually both 3 companies trend also look quite good, the numbers for the mentioned are different)

The huge share price difference for these 3 companies mainly due to the different on the # of the outstanding share?

Do all sifus here have any advice or opinions on these 3 companies?Thanks.

Posted by hstha > 2017-09-21 17:02 | Report Abuse

KESM is more safe for risk-off sentiment. That's why I hold the stock.

Posted by paperplane2016 > 2017-09-21 17:04 | Report Abuse

look at CASHFLOWS, not profit.

Posted by ooihk899 > 2017-09-21 17:05 | Report Abuse

Pls do your homework, read the thread throughly, then you understand.
If not, many sifu in i3 giving lesson or subscription.

Posted by ongmari > 2017-09-21 17:06 | Report Abuse

see all at 17

Posted by paperplane2016 > 2017-09-21 17:07 | Report Abuse

kenanga just revised TP upward to 18++

Posted by hstha > 2017-09-21 17:07 | Report Abuse

Other semiconductor stocks like Pentamaster and Unisem may weaken a lot when risk-off sentiment prevails. KESM is very safe.

Posted by kk123 > 2017-09-21 17:07 | Report Abuse

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..

Also, for those who tak tahu matematik, 55 cents singapore = RM 1.50 ...
much lower than kesm RM 16.50.
you can get sunright cheap now....if u buy its shares in singapore only 55-56 cents...

Posted by Alex Foo > 2017-09-21 17:10 | Report Abuse

@GGGal88

hi GGGal88, welcome to i3 and also Bursa.

For your question, you are trying to ask if KESM is more expensive (RM16) than Inari (RM2).

On paper, it does, from an investor's point of view.

However, stocks are better appraised on per share basis. That is, if KESM is quoted at RM16 per share, how much earning does the company generate per share?

You may want to read more about the EPS (earning per share).

Again, on paper, KESM's EPS seem lower than Inari. We have a group of friends here (i think, particularly paperplane2016), who spotted this gem when KESM is trying to hide as much profit in the depreciation column.

So we did some little accounting back-work and, also impressed by its superb ability in generating cash flows from the operating activities, it gives us confidence that KESM is heading to a brighter prospect.

Another measure you may want to compare in terms of valuation is the PE (Price-earning ratio). Inari has PE > 20, while KESM is <17, where the lower the PE, the cheaper the valuation.

Hope it helps.

Posted by Alex Foo > 2017-09-21 17:11 | Report Abuse

@hstha

hi hstha , may i ask what risk-off stuff are you referring to? I own penta and i'm not entirely sure of its recent drop.

Posted by apolloang > 2017-09-21 17:56 | Report Abuse

kenanga tips can follow? msg me pwroot,fronken and many more all mati one

Posted by shareinvestor88 > 2017-09-21 18:40 | Report Abuse

Cannot follow kenanga tips. Better run n run

Posted by paperplane2016 > 2017-09-21 18:55 | Report Abuse

I always look at cashflows

Posted by hstha > 2017-09-21 19:11 | Report Abuse

Alex Foo,

Risk-off sentiment is something like the North Korea tensions and big sell-off. In these circumstances investors avoid buying stocks. There were multiple reasons why Pentamaster used to be bearish.

First, ringgit was strong, and USD was weak. But USDMYR has risen after the FOMC meeting.
If USD and MYR are both strong, USDMYR may go up.

Second, as you know the North Korea problem persisted. But it seems like the tensions have eased off.

Third, Pentamster's valuation was quite high, so price correction took place.
But price correction was done.

I think it's a good time to buy semiconductor stocks.

Posted by kk123 > 2017-09-21 19:19 | Report Abuse

Penta , vitrox and elsoft are top companies..

Five Malaysian companies -- Elsoft Research Bhd, Kerjaya Prospek Group Bhd, MyEG Services Bhd, Pentamaster Corp Bhd and Vitrox Corp Bhd, are on Forbes 2017 “Best Under A Billion” list.
Read more at https://m.malaysiakini.com/news/390038#t1b7a6EwDjXuysCs.99

Posted by kk123 > 2017-09-21 19:21 | Report Abuse

If u got buy penta at 0.50c now its 4.85 almost 10x return...
Its a top company..best of best

Posted by hstha > 2017-09-21 19:27 | Report Abuse

KESM is very reliable. The company's revenue has been increasing in 11 consecutive quarters.

KESM shows good growth prospects
http://www.theedgemarkets.com/article/kesm-shows-good-growth-prospects

Posted by hstha > 2017-09-21 19:57 | Report Abuse

Petronas Gas, Genting stocks close lower, tech stocks advance

Among the chip stocks, burn-in tester KESM was the top gainer, up 52 sen to RM16.50, Pentamaster added 33 sen to RM4.87, MPI advanced 26 sen to RM13.66, Vitrox 18 sen up to RM4.59 while JF Tech added 14 sen to RM2.05.
Read more at http://www.thestar.com.my/business/business-news/2017/09/21/petronas-gas-genting-stocks-close-lower-tech-stocks-advance/#G0wAerYo38D4PWP5.99

Posted by tecpower > 2017-09-21 21:28 | Report Abuse

Ringgit ends easier against greenback http://m.thesundaily.my/node/485122

Posted by Alex Foo > 2017-09-21 21:59 | Report Abuse

@hstha

ic...tq...

Posted by GGGal88 > 2017-09-21 22:03 | Report Abuse

@Alex thanks you for the reply & advice, i had miss out the EPS.
Thanks a lot to others for the valuable comments.

Posted by shareinvestor88 > 2017-09-22 13:35 | Report Abuse

Dear GreatWall , what to do since Apolloang has been advising sell on KESM ???

Posted by pang72 > 2017-09-22 15:58 |

Post removed.Why?

Posted by Kadir Almushayah > 2017-09-22 16:28 | Report Abuse

Sunright show true value today

Posted by yougorkim > 2017-09-22 16:39 |

Post removed.Why?

Posted by yougorkim > 2017-09-22 16:47 |

Post removed.Why?

Posted by pang72 > 2017-09-22 17:13 | Report Abuse

Hahaha...
Childish...comment by urgokim..

Posted by pang72 > 2017-09-22 17:26 | Report Abuse

Kadir, sunright 17 result out with eps 7.1sen..

Posted by GeniusTinker > 2017-09-22 18:11 | Report Abuse

Why KESM always has so much depreciation on plant, property and equipment???

Posted by kk123 > 2017-09-22 18:51 | Report Abuse

I think sunright now S$0.60 or rm1.80 is cheap...
Its like penta last time..from rm0.50 fly up to now rm5!! Everybody who buy and get 10x return already can buy mercedes and jaguar..
Back then penta boss told they will have double digit growth but not many believe...
Nobody will believe penta back then it is an unknown company...
Now its one of the top under 1 billion dollar company..according to fortune...

Posted by kk123 > 2017-09-22 18:55 | Report Abuse

If sunright go from 0.50c to $5 ..domp will be rich..


Sunright posts sharp rise in profit to S$9.2 million on strong revenue

PUBLISHED

31 MIN AGO

SINGAPORE - Sunright, which provides burn-in and test services for the semiconductor industry, reported a sharp rise in net profit to S$9.2 million from S$1.4 million last year.

Revenue for the 12 months ended July 31 was up 14 per cent at S$148 million, due to higher revenue in the burn-in, testing and electronic manufacturing services segment.

Raw materials and consumables used, as well as changes in inventories of finished goods and work-inprogress, rose by 15 per cent to S$34.6 million, to support the increased sales.

Employee benefits expense increased by 8 per cent, mainly due to adjustments to wage rates,higher staff compensation to support the increased revenue, improved staff welfare, training and skills upgrading to raise productivity and production efficiency.

Depreciation was higher by 14 per cent to S$22.6 million, as additional machinery and test equipment were purchased during the current financial year.

Earnings per share swelled to 7.5 cents from 1.1 cents previously while net asset value per share climbed by 5.8 cents to 63.1 cents.

Sunright expects to perform satisfactorily this financial year, citing the global growth in the semiconductor industry.

World-wide semiconductor revenue was estimated to reach US$401.4 billion this year, representing an increase of 16.8 per cent from 2016.

This will likely be a record year surpassing US$400 billion mark, driven by improvements in the memory segment, it noted.

The company has recommended a final dividend of 0.3 cent a share, up from 0.2 cent last year.

Sunright shares ended 3.5 cents, or 6.2 per cent, higher at 60 cents.

The results were announced after market close.