those that said RM 5...where are they..? ha..invest with facts...pe 13, still too high..pe 15 ....80 cents x 15 = RM 12.....if eps can report 25 cents, it will fly to 10 easily....
We are here to learn, exchange idea and info, No need to quarrel with ppl. The share price will not go down just because ppl bad mouth it. Its price is base on fundamental except those goreng one.
The Group’s revenue increased by RM9.9 million or 14%, from RM70.1 million in the preceding year’s first quarter to RM80.1 million for the quarter ended 31 October 2016 (“1QFY2017”), mainly due to higher demand for burn-in and test services. Other income was lower by RM1.7 million, primarily due to lower exchange gain arising from a comparatively smaller appreciation of United States Dollar (“USD”) against Malaysian Ringgit and reduced USD denominated receivables, as compared to preceding year’s corresponding quarter. Raw materials and consumables used and changes in work-in-progress and finished goods decreased by RM0.9 million or 11%, because of lower sales from electronic manufacturing services. Employee benefits expense increased by RM5.9 million or 25%, mainly due to adjustments to wage rates, improve staff welfare, training and skills upgrading to raise productivity and production efficiency. Other expenses were higher by RM2.2 million or 13%, mainly due to higher expenses on repair and maintenance by RM1.1 million and utilities by RM0.6 million to support the increased revenue as well as higher professional fees by RM0.5 million. Consequently, the Group’s profit before tax improved by RM1.3 million or 14%, from RM9.8 million to RM11.2 million in the quarter under review.
The world-wide automotive integrated circuit market remains strong. Revenue is forecasted to grow at 7%, from USD21.5 billion in 2016 to USD23.0 billion in 2017. Amid uncertainty over the impact of United States’ new presidency on the global economy, the Group’s strategic focus in the automotive market will continue to bring in good opportunities for burn-in and test activities
churning RM2.3 per share now if annualized. against RM9,88, it is yielding still high at 23%, of course now lower than MSC yielding 30%! EY, ROC still beautiful. Graham no shown it should be trading near RM12 minimum as FV
If you ask me, now is the right timing management do bonus, special div etc! Then will sent It up faster. Their so only got 42mil, so little. Even doubled also not so Much circulation, must well one split 3
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ongmari
2,003 posts
Posted by ongmari > 2016-11-19 08:40 | Report Abuse
those that said RM 5...where are they..? ha..invest with facts...pe 13, still too high..pe 15 ....80 cents x 15 = RM 12.....if eps can report 25 cents, it will fly to 10 easily....