pensoni really is good fundamental stock to pick. Insider asia's 2015 stock pick include Pensoni. Just released the Q4 result is so awesome. 3.5sen dividend is so attractive.
KUALA LUMPUR: Pensonic Holdings Bhd recorded its best net profit in more than five years in the financial year ended May 31, 2015, thanks mainly to the gain from a property disposal.
What boosted the company's entire year’s earnings was the net profit of RM12.595mil achieved in the final quarter (Q4), which contrast to the net loss of RM1.641mil a year earlier.
Announcing its unaudited quarterly results to Bursa Malaysia, the electrical and electronic appliance maker said this was on the back of a 3.6% year-on-year growth in revenue to RM92.899mil.
The strong bottom line performance in Q4 was largely due to recognition of RM8.4mil financial gain from the disposal of its Penang land, along with the warehouse and office erected on it. This lifted Pensonic’s whole-year earnings to RM17.577mil -- more than six times the profit of RM2.871mil attained in the previous year.
The company’s annual net profit did not exceed RM4mil in the financial years of 2010 to 2014.
On its prospects, Pensonic said it anticipated that competition would remain intense.
“The group will continue explore new market, product innovation, maintaining excellent customer relationship, placing emphasis in cost control, inventory management and overhead cost rationalisation.
“In line with the group’s effort in expanding emerging markets, the group carries on to promote and distribute its products to overseas customers through engaging more overseas distributors and business partners,” it said.
Pensonic said the group continued to devote efforts in research and development of new products in order to keep up with the ever-changing needs of the electrical appliances markets.
“Given our extensive experience in the industry, the board believes that the group can overcome the temporary challenges in the market and remain competitive for the coming period,” it added.
Pensonic shares rose 2.5 sen to close at 52.5 sen on Friday.
I saw a doji sign on 20/7... And continuous uptrend... Indeed it is overbought now... But, I foresee it will continue to go higher due to the outstanding qtr report. (Maybe I am wrong, please correct me if I'm)... Btw, is the financial report announced after market close on Friday? If yes, got ppl bought due to insider news d la
If you worry about overbought,you look minho,at least one month is overbought,actually,don't too focus on TA,because stock market is play by human,not TA. And,minho keep breakthrough the highest price,as undervalued ma.same as pensonic.
I do believe that PENSONI will fly even can limit up. Although u see last Fri the price was rose but only spike 5%, There is not yet reflect the pensoni result. Dont say minho, do u guys remember Y&G? What is the share price after they announced the awesome result in Q1? I do believe it will same goes to PENSONI. With the current 3.5sen dividend and low PE, I do believe PENSONI will do better in future. ONLY WITH GOOD FUNDAMENTAL AND GROWTH COMPANY WILL DRIVE THE SHARE PRICE GO HIGHER>
guys, dont let the disposal misslead u all. if we take out disposal, the company still have 3.25sen eps. we try to count conservative which we add up all the current 4 quarter eps, we will get at least 7.1sen. We take ideal PE 9-10 and count then u will get at least 64sen. dont forget, it still have 3.5sen dividend. so it should worth above 60sen!!! I will buy it. no doubt
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....
flee8
145 posts
Posted by flee8 > 2014-07-31 22:19 | Report Abuse
proposed final dividend 2.0 sen for FY ended 31 May 2014 - PHB Q4 2014