Posted by JeanL > 2016-06-05 14:34 | Report Abuse

luckily hold tight tight, drop 10% also didnt cut loss. Now wait for the price to go up. My tp at least 6

Posted by Pusher_Punisher > 2016-06-05 15:48 | Report Abuse

agree with raider on this one.. let see if can break 5.50 or not first

Posted by paperplane2016 > 2016-06-05 16:41 | Report Abuse

Illiquid same problem like superln. During 0.90 no liquidated the all way till now rm2

Posted by murali > 2016-06-05 18:06 | Report Abuse

If the boss is smart he shall proceed with bonus issues or shares split

Posted by murali > 2016-06-05 18:08 | Report Abuse

Paid up capital is only 43m shares

Posted by dannytansionkee > 2016-06-05 18:19 |

Post removed.Why?

Posted by murali > 2016-06-05 18:23 | Report Abuse

I will ask koon koon to save his trip to next agm then..

Posted by murali > 2016-06-05 18:24 | Report Abuse

Koon koom owns 100,000 shares only...can save petrol money

Posted by itjustabouttheprofit > 2016-06-05 18:25 | Report Abuse

http://klse.i3investor.com/blogs/undervalue/97852.jsp

Posted by KLCI King > 2016-06-05 23:20 | Report Abuse

Monday durian drop?

Posted by pingdan > 2016-06-06 10:37 | Report Abuse

wow RM5

Posted by Jester > 2016-06-06 10:40 | Report Abuse

Hurm. Greed is starting to fill within me. haha. I wonder if I should sell once my TP reached or I should let it sail. I guess I will follow my TP and sell. I should not be too greedy. I might be wrong but it is okay.

Posted by pingdan > 2016-06-06 10:46 | Report Abuse

jester: haha. In investment, as long as u profit, is ok to sell some or all. We cannot predict what is the highest price of the share.

Anyway I have a higher price on this share.

Posted by Jester > 2016-06-06 10:50 | Report Abuse

@murali, that is what I have done on Liihen. I'm thinking of selling partial for this too.

@pingdan, you are right. I should sell some first. At least it frees up some capital for other counters.

Thanks guys! Good advice.

Posted by dannytansionkee > 2016-06-06 11:50 |

Post removed.Why?

Posted by stockraider > 2016-06-06 12:37 | Report Abuse

Why u all need this non real wealth creation item like bonus ?
No bonus never mind, the main point good business prospect, increasing profit, undervalue and growth loh...!!

Posted by paperplane2016 > 2016-06-06 14:09 | Report Abuse

growth is most important loh, look at superln

Posted by paperplane2016 > 2016-06-06 15:38 | Report Abuse

The Group’s revenue increased by RM7.8 million or 12%, from RM62.9 million in the preceding
year’s third quarter to RM70.8 million for the current quarter ended 30 April 2016 (“3QFY2016”),
mainly because of higher demand for all services.

Posted by paperplane2016 > 2016-06-06 15:38 | Report Abuse

Depreciation decreased by RM1.7 million or 11%, as certain machinery and test equipment were
fully depreciated during the period under review.

Posted by paperplane2016 > 2016-06-06 15:39 | Report Abuse

fully depreciated during the period under review.

Posted by paperplane2016 > 2016-06-06 15:39 | Report Abuse

Depreciate until cant depreciate! POWER up soon

Posted by henken > 2016-06-06 17:15 | Report Abuse

i agree with stockraider. better dont give bonus issue.

Posted by henken > 2016-06-06 17:16 | Report Abuse

consistency price up can already

Posted by stockraider > 2016-06-06 17:47 | Report Abuse

AS USUAL A VERY NEGATIVE COMMENT BY 3i ON KESM LOH....!!

Cyclical business

PE has expanded and contracted over the years.

Revenue growth is anaemic.

PBT and EPS has grown fast recently due to margin expansions for various reasons.

Price was below RM 1 in recent years and has climbed to 6 before dropping to present levels recently.


Best time to be enthusiastic on cyclical stocks:


1. When their PE is the highest in the cycle

2. When their profit margins are the lowest in the cycle.

Company has anout 50 m debts but is net cash positive.

Large capital expenditure expended last year.

ROE is improving, was single digit and now about 12%.

Dividend is miniscule, DPO is about 15%.

RAIDER STILL SAY 3i TALKING ABOUT THE SAME RUBBISH LOH...!!
HAVE U NOT LEARN, FROM YOUR BAD SELL CALL ON EFORCE WHEN IT WAS RM 0.45 ? ( REMEMBER AEONCR V EFORCE AH ?)

THE TREND IS TOWARDS TECHNOLOGY MAH....!!
KESM IS IN THE FORFRONT IN THIS INTERNET OF THINGS WORLD LOH....!!

BUYING UNDERVALUE KESM, WITH NET CASH, PE ABOUT 6X....NTA EXCEED RM 6.00 AND WITH EARNINGS GROWTH...CANNOT BE WRONG LOH....!!

IT IS A STRONG BUY....!!
TARGET RM 8.00.....!!
NOW CHASE IS NOT TOO LATE LOH....!!

Posted by Up_down > 2016-06-06 18:02 | Report Abuse

KESM is growth stock but it could be at a slower pace judging from the past records. Is there any expansion in production lines or plant in coming 12 months?

Revenue:
FY 2016 - 211 million ( 9 months )
FY 2015 - 263 million ( up 3.5% )
FY 2014 - 254 million ( up 2.4% )
FY 2013 - 248 million ( up 4.6% )
FY 2012 - 237 million

Revenue:
3rd Qtr 2016 - 71 million
2nd Qtr 2016 - 70 million
1st Qtr 2016 - 70 million
4th Qtr 2015 - 69 million

PBT:
3rd Qtr 2016 - 9.2 million
2nd Qtr 2016 - 7.8 million
1st Qtr 2016 - 9.9 million
4th Qtr 2015 - 9.8 million

Posted by stockraider > 2016-06-06 18:05 | Report Abuse

Acquired Spore company and facility, thus this is equivalent to expansion of capacity loh....!!

Posted by pang72 > 2016-06-06 21:06 | Report Abuse

It look like no power...say good bye first

Posted by paperplane2016 > 2016-06-06 22:40 | Report Abuse

Problem of this stock is low div, and low liquidity. Once either one improve, ho ssh

Posted by Up_down > 2016-06-06 22:43 | Report Abuse

If KESM is able to achieve revenue more than 5% in next QR, the market may give a thumbs-up to its growth potential. At current price, KESM would be considered seriously undervalued. If KESM fails to deliver growth, the market may perceive it as value trap.

Posted by paperplane2016 > 2016-06-06 23:14 | Report Abuse

Growth? I think maintain good enough

Posted by stockraider > 2016-06-06 23:30 | Report Abuse

With current weak Rm, very easy to achieve growth loh...!!

Posted by Up_down > 2016-06-06 23:52 | Report Abuse

Hard to say the growth will happen by relying heavily in depreciation of RM. There is a mixture of positive and negative growth in export electronic sector. You see below:

Revenue growth
Inari ( - 5% )
Gtronic ( -34% )
PIE ( slow down to + 8% )
MPI ( 0 % )
Skpres ( slow down to + 19% )

Posted by paperplane2016 > 2016-06-06 23:59 | Report Abuse

Up down, you are top 3, i think you are very good. Whats your view then?

Posted by Up_down > 2016-06-07 00:24 | Report Abuse

Paperplane. Don't pull my legs la. It can be up and down latter in the ranking. It is not easy to guess KESM as compare to growth companies i.e. Tguan, Bpplas, Jhm, mikcrob....

Posted by paperplane2016 > 2016-06-07 00:35 | Report Abuse

But i think it can be a wild stock, when they stop doing depreciation etc to coverup their huge wealth. They wsnna avoid paying too much for tax.

Posted by stockmanmy > 2016-06-07 00:46 | Report Abuse

At present, it is treated as a value stock.

But may be re rated as a growth stock by end of the year.....then $ 10.

Posted by stockmanmy > 2016-06-07 00:48 | Report Abuse

Depends on its deliveries next 6 months

Posted by paperplane2016 > 2016-06-07 07:19 | Report Abuse

When gtronic crash i am bit wprry, even 4 not dare to buy. But seems like their biz pretty prudent with some growth even more....
So i buy more after the result.
I still think it is min rm10 stock, rm16 when you see it as growth and stable after corp action.
Rm16 ultimately.

Posted by Up_down > 2016-06-07 11:21 | Report Abuse

Paperplane. KESM's depreciation and purchase of P & M amount RM 41 million and RM 14 million respectively. They invested in P & M RM 69 million last year. Any idea why they don't buy more P & M this year?

Posted by paperplane2016 > 2016-06-07 12:33 | Report Abuse

if their machine top notch liao, how..........

Posted by dannytansionkee > 2016-06-07 12:38 | Report Abuse

Without FM support, this counter cant go much.
Will drop below RM4.5 soon.

Posted by Up_down > 2016-06-07 12:55 | Report Abuse

I am not familiar with this industry so got no idea about its P & M or equipment physical useful life. Btw, KESM has invested RM 150 million in P & M for the last 2 FY.

Posted by Ckk2266 > 2016-06-07 15:16 | Report Abuse

Bought @ 4.85

Posted by henken > 2016-06-07 15:34 | Report Abuse

drop a bit due to T3 today? sure will up to 5.00

Posted by chewch > 2016-06-07 16:01 | Report Abuse

next 2 days will see the support level..I see support at 4.8...if hold for 1 week. retest 5 is likely

Posted by newb12 > 2016-06-07 16:14 | Report Abuse

Run !!!! Useless stock.
Bought at RM5.....so fast drop.

Posted by paperplane2016 > 2016-06-07 19:00 | Report Abuse

Looking to buy more soon.

Posted by paperplane2016 > 2016-06-07 22:51 | Report Abuse

Yes. I even buy during rm5 level. No worry. I can sleep well with this stock.
Only problem is too little shares outside, also div too little.

If the mgt improve this two will be great.

Posted by paperplane2016 > 2016-06-07 22:52 | Report Abuse

Unless we see sudden slowdown in biz, otherwise I think no major worry. Net cash, can sustain coming fin crisis, no worry

Posted by chewch > 2016-06-08 09:19 | Report Abuse

pick on low...support at 4.75