Capex for FY17 n FY18 is around 200m, It is for their burn in and testing facilities. If you are the boss, you do not expect a ROI of 10 years right? So the ROI will be very very much shorter. FY18 profit could be 30% more than FY17.
sunright is still cheap @S$0.60 cents or RM 1.80....... its stake in kesm alone is worth ~S$0.90 cents. so there is a lot of upside if they dont screw up in the next 1 to 2 years.
how u arrive at that 'magic figure'? i am no chartist, but i "feel" 17.7...well we are together enjoying the "ride"...But with KESM, anything goes because of the very small free float.cheers!
Research analysis on the semiconductor market in East Asia identifies that the rise in automation in automobiles will be one of the major factors that will have a positive impact on the growth of the market.
We are now not in the speculative DOTCOM era of year 2000...prices are now based on fundermentals...Quote...One Analyst Research Equity firm maintains its target price of RM21.80 based on 17x calendar year 2018 EPS....etc...
Busy Weekly just mentioned today that KESM and Sunright is in the right sector and is good for long term investor. Pesonally, i prefer KESM cause it dosen't have competitor but Sunright has 3 competitors.
according to Fisher, a stock must have a management who is willing to invest for greater return. With KESM's still aggressive capex execution intact, it is a very good indicator that the management is very optimistic in the sector for at least few more years ahead.
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Posted by Alex Foo > 2017-10-06 11:03 | Report Abuse
faster limit up~ haha