may see any sudden surge of RM 1 in near term,,,catch the low,,wait next 3 to 6 months..continue positve qtr results will propel this stock to RM 18..year end
KUALA LUMPUR (June 13): AffinHwang Capital Research has maintained its “Buy” rating on KESM Industries Bhd at RM15.02 with a higher target price of RM21.80 (from RM16.40) and said KESM recently delivered a strong 9MFY17 results with earnings up 39% year-on-year.
In a note today, the research house said its revenue growth expectations is raised, judging by the even stronger capex planned for FY17E.
“We like KESM’s strong growth prospects in the automotive burn-in and test space, which is expected to offer strong structural multi-year growth.
“Maintain Buy but with a higher 12-month target price of RM21.80 (from RM16.40) after rolling forward our valuation horizon to calendar year 2018E EPS and on an unchanged 17x PER.
“Key risks include a loss of customers and a reduction in outsourcing opportunities as customers increase their in-house burn-in and test functions,” it said.
In Sarawak, mostly government big project goto GRC ( government related company) like Scable and CMSB. That why CMSB share price shoot from rm0.70 til rm4.20 in just few years. As they directly get the project from government and Sub-contract to the small company.
Both GRC is owned by Our Sarawak TYT and his family. U still think got people can beat them down. Sacble could be the second CMSB in future or maybe better than it. EPS dropped as they had spent a lot in hydropwer plant indonesia. But once it completed , it will start to generate profit and lower their expense.
Proxy to Sarawak infrastructure play. Outlook remains steady as mega projects such as Pan Borneo Highway, TRX, MRT2, LRT3, coupled with the implementation of Bekalan Elektrik Luar Bandar (BELB) may spur the demands of cables in the local markets. Furthermore, Sarawak Energy Berhad (SEB) will be implementing budgeted projects to meet shortage of power supply within Sarawak. Scable expects transmission lines amounting to more than RM500m in value will be rollout by SEB in 2017.
Mr.otb, I am thinking to subscribe your newsletter. But I always have problem doing stock allocation. Once you recommend a stock, will you be able to advise how much percentage in portfolio to allocate a single stock? For example 10% each stock. Or average the percentage. Recommend 20 stocks, so slowly Sell down earlier pick to move towards avg 5%. Things like this.
Here got many sifu, only you have to differentiate them. Value investing, value plus technical, value plus technical plus business sense, none of My mention type and many many types. Wow..
Talk to someone , he said some ppl working there loan personal one year, why? Bonus is more than one year! Real geng! Which I guess is true looking at profit and loss! Mostly spend on employees and also the depreciation
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 > 2017-06-11 11:26 | Report Abuse
may see any sudden surge of RM 1 in near term,,,catch the low,,wait next 3 to 6 months..continue positve qtr results will propel this stock to RM 18..year end