KESM INDUSTRIES BHD

KLSE (MYR): KESM (9334)

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Last Price

3.42

Today's Change

+0.07 (2.09%)

Day's Change

3.35 - 3.50

Trading Volume

113,700


7 people like this.

11,118 comment(s). Last comment by dompeilee 1 day ago

陈炎

390 posts

Posted by 陈炎 > 2016-09-04 10:51 | Report Abuse

Singapore's

optimus9199

2,794 posts

Posted by optimus9199 > 2016-09-05 00:49 | Report Abuse

up up up

Kad Al

2,107 posts

Posted by Kad Al > 2016-09-05 11:05 | Report Abuse

profit take bfr up again

Kad Al

2,107 posts

Posted by Kad Al > 2016-09-05 11:49 | Report Abuse

today? not sure...anyone can confirm?

Tai KT

1,419 posts

Posted by Tai KT > 2016-09-05 11:53 | Report Abuse

this week lah

Kad Al

2,107 posts

Posted by Kad Al > 2016-09-05 11:54 | Report Abuse

Tai KT...thank u very much. hope u make some money

ongmari

2,003 posts

Posted by ongmari > 2016-09-05 13:33 | Report Abuse

can wait

ongmari

2,003 posts

Posted by ongmari > 2016-09-05 13:34 | Report Abuse

result out by end of 3rd week sep

ongmari

2,003 posts

Posted by ongmari > 2016-09-05 13:34 | Report Abuse

maybe 23rd sep that week

Posted by resilient911 > 2016-09-05 15:55 | Report Abuse

Let's assume Revenue beaten at 68.9 mil. To beat the 9.7 mil. PBT, the current quarter gain from other income must beat 2.2 mil.
To beat above preceding quarter revenue 68.9 mil looks challenging as automotive seen a slow down.

Mid point of 1 USD vs MYR:
2014 May ~ Jul: Midpoint 3.225
2015 May ~ Jul: Midpoint 3.705 ( appreciate ~15 percent compared to preceding period 2014)
2016 May ~ Jul: Midpoint 3.970 ( appreciate ~7 percent compared to preceding period 2015)

feimah

908 posts

Posted by feimah > 2016-09-05 20:09 | Report Abuse

I think the below could be the possibility:
It will be this week if the QR is fantastic.
If they hold it longer that means QR is so so
Result might be ugly if QR is on 24th onwards.

muscular

280 posts

Posted by muscular > 2016-09-05 20:38 | Report Abuse

I think i run first.. Most likely below expectation.. Enough profit for me

Tai KT

1,419 posts

Posted by Tai KT > 2016-09-05 21:38 | Report Abuse

Even with current price and PE only at 10. Still very attractive. I stay and aim for big moon.

paperplane2016

21,668 posts

Posted by paperplane2016 > 2016-09-05 21:39 | Report Abuse

Let's punt. Hehe

feimah

908 posts

Posted by feimah > 2016-09-06 08:36 | Report Abuse

I hope my QR assumption is wrong.

muscular

280 posts

Posted by muscular > 2016-09-06 10:13 | Report Abuse

sold all at 7.83.. wil buy back if got chance n c the result first...

Kad Al

2,107 posts

Posted by Kad Al > 2016-09-06 10:15 | Report Abuse

Lets hope driverless cars/vehicles will drive kesm to higher ranges.

feimah

908 posts

Posted by feimah > 2016-09-06 10:44 | Report Abuse

Muscular, I hope my comment didn't influence to sell.
This is still a good stock. It only need time to get the unlock its value.

ongmari

2,003 posts

Posted by ongmari > 2016-09-06 11:31 | Report Abuse

once QR maintain as last q..pe 15 may go..with higher expectation full year..image, if profit can sustain for 2 years....no joke...this company may worth 1 b ?

dompeilee

11,888 posts

Posted by dompeilee > 2016-09-06 13:18 | Report Abuse

Anyone has any ideas on how the numbers will look this upcoming report? Last 3 corresponding quarters ('13, '14 & '15) saw revenue up slightly from 64+ to 68+ & 68+ million but net profit going from 4+ to 6.7m to over 10m in those 3 years.

muscular

280 posts

Posted by muscular > 2016-09-06 13:22 | Report Abuse

i dun wan to take the risk... look at sam, once reported poor result, gap down at open.. play safe ha ha

muscular

280 posts

Posted by muscular > 2016-09-06 13:24 | Report Abuse

at least i oredi realise the gain... if reported very good result, i can buy back even at higher cost... by looking at the previous quarterly result, last coresponding quarter is the strongest... i doubt whehter kesm can exceed that expectation. so i sell first

ongmari

2,003 posts

Posted by ongmari > 2016-09-06 13:31 | Report Abuse

hope to see 10mil above pat

ongmari

2,003 posts

Posted by ongmari > 2016-09-06 13:59 | Report Abuse

maintaining 10 mil one qtr profit will lead to 40 mil yearly which is close to eps of 90 cents...leading to a potential of Rm 9 for pe 10

dompeilee

11,888 posts

Posted by dompeilee > 2016-09-06 14:04 | Report Abuse

Big question is whether it maintained that pace of profitability seen over the last 3 quarters? Only the accountants know at this stage...

ongmari

2,003 posts

Posted by ongmari > 2016-09-06 16:32 | Report Abuse

hope results maintain..:), buy some

Tai KT

1,419 posts

Posted by Tai KT > 2016-09-06 17:33 | Report Abuse

just added some today.

Tai KT

1,419 posts

Posted by Tai KT > 2016-09-07 11:13 | Report Abuse

People start line up, today will hit 8 again and continue heading to 9 hopefully.

Bizfuneng

883 posts

Posted by Bizfuneng > 2016-09-07 11:16 | Report Abuse

Well, certainly will hit 9.00 but dun know when.

henry9889

85 posts

Posted by henry9889 > 2016-09-07 11:20 | Report Abuse

we need more volume

Tai KT

1,419 posts

Posted by Tai KT > 2016-09-07 11:37 | Report Abuse

yah, volume is weak.

pingdan

1,549 posts

Posted by pingdan > 2016-09-07 11:46 | Report Abuse

look like it will only move to new high only after result come out based on this few days volume...

henry9889

85 posts

Posted by henry9889 > 2016-09-07 12:05 | Report Abuse

True, without volume it can't move much. When the result will out?

ongmari

2,003 posts

Posted by ongmari > 2016-09-07 16:22 | Report Abuse

rock solid

leekh5555

545 posts

Posted by leekh5555 > 2016-09-07 17:00 | Report Abuse

add some..

ongmari

2,003 posts

Posted by ongmari > 2016-09-08 16:46 | Report Abuse

wait for lower to buy

Tai KT

1,419 posts

Posted by Tai KT > 2016-09-08 22:40 | Report Abuse

KUALA LUMPUR: Affin Hwang Capital Research has initiated coverage of KESM with a buy rating and target price of RM11 based on 12 times its calendarised 2017E EPS, for upside potential of 58%.

It said on Monday it sees solid growth prospects for KESM in the automotive space, where there is a strong working relationship with customers and expansion into the testing business. These should drive a three-year-forward earning sper share (EPS) compounded annual growth rate of 35%.

The research house also said the other factors were its hands-on and forward-looking management team.

Although valuation comparables are limited as competitors are mainly integrated device manufacturers (IDM), closest peer Trio-Tech in the US trades at a 14 times 2016E EPS.

“KESM also trades on average at a 56% discount to automotive-related IDMs’ 2016E PE of 20.7x. Thus, at a 2017E PER of eight times, valuation looks attractive. Our target price of RM11 (12 times calendarised 2017E EPS) offers 58% upside,” it said.

To recap, Affin Hwang Capital Research said KESM recorded a strong 2012-15 EPS CAGR of 32%.

“We believe the solid growth is sustainable, underpinned by focused growth in the automotive business and margin expansion from improved product mix and growth in the high-margin testing business.

“Hence, despite the 34% stock price outperformance ytd, we think valuations remain attractive and expect a continued PE re-rating,” it said.

The research house said KESM provides a good proxy to the stable and growing automotive semiconductor segment, in our view. With strong growing demand for electronics for vehicles, from safety to infotainment and autonomous vehicles, and it believes KESM is in the right segment to benefit from an automotive structural growth story.

“We see several re-rating catalysts for the stock, including a strong earnings upcycle and PE expansion, as awareness on the stock remains low and institutional holdings are limited,” it said.

Tai KT

1,419 posts

Posted by Tai KT > 2016-09-08 23:00 | Report Abuse

Articles on 15 Aug 16, at thestar.com.my

AhSeng

645 posts

Posted by AhSeng > 2016-09-09 01:15 | Report Abuse

8.00 is the resistance. maybe tomorrow or four day later . Up

ongmari

2,003 posts

Posted by ongmari > 2016-09-09 15:19 | Report Abuse

bargain hunting begins

dompeilee

11,888 posts

Posted by dompeilee > 2016-09-09 16:06 | Report Abuse

Anyone having nosebleed & altitude sickness jitters? I'm Q-ing to buy MORE Sunright shares today... :D

Tai KT

1,419 posts

Posted by Tai KT > 2016-09-09 16:26 | Report Abuse

I add a bit today

henry9889

85 posts

Posted by henry9889 > 2016-09-09 16:28 | Report Abuse

me too, this counter definitely will keep longer

ongmari

2,003 posts

Posted by ongmari > 2016-09-09 16:28 | Report Abuse

next break 8..non stop...expected....

ongmari

2,003 posts

Posted by ongmari > 2016-09-09 17:11 | Report Abuse

hope next qtr comes with good result..then declare bonus

dompeilee

11,888 posts

Posted by dompeilee > 2016-09-09 18:03 | Report Abuse

Even if there's a big disappointment in the next qtr's result & the price plunges back to 6.80, Sunright's stake in KESM alone is worth well over 37c per Sunright share, which is over 20% higher than the latter's current price...

Janus Mun

284 posts

Posted by Janus Mun > 2016-09-09 18:43 | Report Abuse

i ada 1 share....LOL....bought too high....8.04....sigh another stupid move when i should h wait....

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