KESM INDUSTRIES BHD

KLSE (MYR): KESM (9334)

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Last Price

3.68

Today's Change

-0.22 (5.64%)

Day's Change

3.67 - 3.90

Trading Volume

248,300


7 people like this.

11,117 comment(s). Last comment by ivanlau 2 days ago

Kadir

2,107 posts

Posted by Kadir > 2020-09-02 16:55 | Report Abuse

Watch out fr sunright shares...may soon up

GooShen

5,400 posts

Posted by GooShen > 2020-09-03 09:13 | Report Abuse

Told you this is a good stock. Now you believe?? 9.43 now, from 8.6 2 days back.
Proven excellent GooShen is right!!!!

Kadir

2,107 posts

Posted by Kadir > 2020-09-03 16:17 | Report Abuse

GooShen...Tech stocks n Health-related are good stocks now. Normal

Kadir

2,107 posts

Posted by Kadir > 2020-09-07 14:36 | Report Abuse

Gooshen.. interesting to note that Sunright owns Kesm in malaysia

Sami_Value

430 posts

Posted by Sami_Value > 2020-09-22 19:27 | Report Abuse

sai result

JW Leong

99 posts

Posted by JW Leong > 2020-09-22 21:01 | Report Abuse

Gooshen yr rubbish kesm publish lau sai result, hahahah

ivanlau

1,390 posts

Posted by ivanlau > 2020-09-22 22:05 | Report Abuse

tomorrow will gap down 5 % .........

Posted by shareinvestor88 > 2020-09-23 00:32 | Report Abuse

losses , TP 3

Posted by EatCoconutCanWin > 2020-09-23 07:48 | Report Abuse

This results confirm that tech counter in correction mode. Stay away from technology, no more room to grow. Technology in halt for several years.

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2020-09-25 17:08 |

Post removed.Why?

ivanlau

1,390 posts

Posted by ivanlau > 2020-09-26 09:37 | Report Abuse

yesterday volume 11,900 , really kaki buy kaki song ..... believe buy and sell under same person...... the fair value should be only rm 6

Kadir

2,107 posts

Posted by Kadir > 2020-09-28 15:47 | Report Abuse

Kesm to ride on passenger cars recovery in sales esp China

Kadir

2,107 posts

Posted by Kadir > 2020-09-28 17:55 | Report Abuse

Sunright..kesm parent co. turnaround..net profit fr yearly report

Posted by wallstreetrookie > 2020-10-13 09:53 | Report Abuse

Wtf overvalued

mf

29,190 posts

Posted by mf > 2020-10-15 22:23 |

Post removed.Why?

mf

29,190 posts

Posted by mf > 2020-10-18 03:10 | Report Abuse

Coronavirus updates: Europe’s ICU beds near capacity in some areas, new cases are up in 39 U.S. states
CNBC.com staff

ivanlau

1,390 posts

Posted by ivanlau > 2020-10-29 15:52 | Report Abuse

PE 4095 ......... r u kidding ???

Kadir

2,107 posts

Posted by Kadir > 2020-11-03 10:24 | Report Abuse

Automobile sector recovering

icyminsfw

46 posts

Posted by icyminsfw > 2020-11-05 10:34 | Report Abuse

becareful trading today afraid tomorrow Anwar Ibrahim make Motion of No Confidence at the parliament and many mp make objection on the budget 2021.

blackchicken

1,220 posts

Posted by blackchicken > 2020-11-06 18:24 | Report Abuse

General Motors leaps 7% after 3rd-quarter earnings double analyst expectations
https://www.businessinsider.com/general-motors-q3-earnings-stock-profit-revenue-truck-suv-demand-2020-11
Strong truck and SUV sales in North America and China helped pull GM further out of its virus-induced slump, interim CFO John Stapleton said in the earnings report.
Overall US auto sales have surged post-pandemic, rising well above 2019 levels after a pandemic rout.

Kadir

2,107 posts

Posted by Kadir > 2020-11-10 18:27 | Report Abuse

Automotives industries cheer

blackchicken

1,220 posts

Posted by blackchicken > 2020-11-10 23:57 | Report Abuse

China Car Sales Keep on Trucking in Pandemic Recovery
Sales increased 8% in October from a year earlier
https://www.wsj.com/articles/china-car-sales-keep-on-trucking-in-pandemic-recovery-11604924127

Kadir

2,107 posts

Posted by Kadir > 2020-11-11 10:59 | Report Abuse

Sunright Singapore owns substantial stake in Kesm. Considering them

Kadir

2,107 posts

Posted by Kadir > 2020-11-11 12:14 | Report Abuse

Watch out fr sunright

Kadir

2,107 posts

Posted by Kadir > 2020-11-16 18:49 | Report Abuse

Sunright moving

blackchicken

1,220 posts

Posted by blackchicken > 2020-11-17 07:47 | Report Abuse

China industrial production rose 6.9% in October vs. a year earlier, steady with September better than expected. Retail sales climbed 4.3%, up from September.

The Moderna coronavirus vaccine data comes from the biotech's interim analysis of its final-stage trial. It comes one week after Pfizer and BioNTech announced that their Covid vaccine is over 90% effective. Crucially, the Moderna coronavirus vaccine can be stored at normal refrigeration temperatures for weeks, while the Pfizer/BioNTech vaccine must be kept at ultra-low temperatures, complicating storage and distribution.

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2020-11-18 17:52 |

Post removed.Why?

blackchicken

1,220 posts

Posted by blackchicken > 2020-11-19 12:08 | Report Abuse

Flash - KESM slips below RM10 after reporting 1Q profit drop https://www.theedgemarkets.com/article/kesm-slips-below-rm10-after-reporting-1q-profit-drop (

blackchicken

1,220 posts

Posted by blackchicken > 2020-11-19 12:09 | Report Abuse

"We upgrade the stock from Reduce to Hold with a higher RM10.80 target price (TP), based on a higher 1.3x P/BV, in line with KESM’s 5-year historical mean in view of a recovery in automotive semiconductor demand going into CY21F,” he said.

NeverLie

63 posts

Posted by NeverLie > 2020-11-19 12:34 | Report Abuse

KESM managed to recover to the black with 1QFY21 CNP of RM1.2m, though accounting for only 7%/11% of our/consensus’ estimates. We deem this in line with our expectation as we anticipate bulk of the earnings recovery to be reflected in subsequent quarters, particularly in 2HFY21. China and Europe’s car sales continue to climb with China gaining at a quicker pace. Macro-wise, industry leader NXP has also turned slightly positive and expects the recent recovery to build a firm base for a better year going into 2021. Maintain MARKET PERFORM with a higher Target Price of RM10.60.

blackchicken

1,220 posts

Posted by blackchicken > 2020-11-19 12:40 | Report Abuse

Uptick to happen towards end of 2020. The group is currently discussing with existing automotive customers on new product introduction and device modification. This includes burn-in and testing services for components that will be used for advanced driver-assistance systems (ADAS), Tyre Pressure Monitoring System (TPMS) and Light Detection and Ranging (LiDAR) systems. However, meaningful contribution from these new products will only be noticeable towards the end of CY20.

NeverLie

63 posts

Posted by NeverLie > 2020-11-19 12:46 | Report Abuse

blackchicken where did you get the info?

blackchicken

1,220 posts

Posted by blackchicken > 2020-11-19 13:00 | Report Abuse

KESM Industries Bhd - Deferred Recovery
Author: kiasutrader | Publish date: Wed, 10 Jun 2020, 9:11 AM

Post conference call, we learnt that the subsequent quarter will remain weak due to low plant utilisation rate while labour cost remains unchanged. Uptick will only happen at end of CY20 when new products for ADAS and LiDAR kick in.
https://klse.i3investor.com/blogs/kenangaresearch/2020-06-10-story-h1508702537-KESM_Industries_Bhd_Deferred_Recovery.jsp

Doer

423 posts

Posted by Doer > 2020-11-19 15:06 | Report Abuse

Result showing business in recovery and start generate profit...

Doer

423 posts

Posted by Doer > 2020-11-19 15:08 | Report Abuse

Short term TP 11-12 should be ok

kens88

698 posts

Posted by kens88 > 2020-11-19 22:41 | Report Abuse

Why this share deserves so high pe? Asking honest question

Because got business with tesla?

AnnYung

373 posts

Posted by AnnYung > 2020-11-24 12:10 | Report Abuse

Kk123 is now using what username on i3? Really miss him

mf

29,190 posts

Posted by mf > 2020-11-26 10:32 | Report Abuse

Undian Belanjawan 2021 dijadual hari ini
Bernama

Diterbitkan Hari ini 8:22 am
Dikemaskini Hari ini 8:25 am
6
Pengundian untuk meluluskan Belanjawan 2021 pada peringkat dasar yang dijadual selepas penggulungan oleh Kementerian Kewangan menjadi tumpuan utama persidangan Dewan Rakyat hari ini.

paperplane

21,659 posts

Posted by paperplane > 2020-11-27 11:33 | Report Abuse

wow KESM

Doer

423 posts

Posted by Doer > 2020-11-28 20:47 | Report Abuse

Bravo...looking forward to 12.00 level and higher...

Kadir

2,107 posts

Posted by Kadir > 2020-11-30 10:18 | Report Abuse

Yes..Auto industry recovery benefitting Kesm n parent Sunright

newkid

966 posts

Posted by newkid > 2020-11-30 11:22 | Report Abuse

Still got 250 lot left, today paper gain 130k

Will start taking profit slowly as not easy sell more than 10 lots .

newkid

966 posts

Posted by newkid > 2020-12-01 10:55 | Report Abuse

decided to take profit and park all this money in may sing

NeverLie

63 posts

Posted by NeverLie > 2020-12-01 12:54 | Report Abuse

Don’t sell, next year is gonna be the year of KESM, they have just recovered from loss, more upside is coming

NeverLie

63 posts

Posted by NeverLie > 2020-12-01 12:55 | Report Abuse

Will go back to good old day

Kadir

2,107 posts

Posted by Kadir > 2020-12-01 13:35 | Report Abuse

NeverLie.... Actually, hope kesm.. performance better n better..

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