Posted by Lim Tek Wai > 2018-08-15 11:37 | Report Abuse

worth to invest

Posted by 100000024310431 > 2018-08-27 09:43 | Report Abuse

slowly sinking deep sea

Posted by skytan01 > 2018-09-01 04:00 | Report Abuse

Hope have a good result on the QR

Posted by Wong Kah Wei > 2018-09-25 18:36 | Report Abuse

Qr so so only

Posted by Spyron_09 > 2018-09-25 19:50 | Report Abuse

not enough to frying if like QR so so only.haha

Posted by Wong Kah Wei > 2018-10-16 19:35 | Report Abuse

Who frying today?

Posted by Bratt > 2018-10-18 10:40 | Report Abuse

No need to buy LKL for the next 12 months. Now with poor government budget, hospitals are forced to squeeze. Hospital beds must be used longer than the normal (instead of buying new ones). And maintenance must be cut.

Posted by Kc Teh > 2018-10-18 12:48 | Report Abuse

enter 0.145, will see how it goes.

Posted by Kc Teh > 2018-12-12 17:49 | Report Abuse

lets see quarter results how.

Posted by zoizai > 2018-12-15 04:07 | Report Abuse

Quarter report is out. Positive result

Posted by zoizai > 2019-01-07 10:41 | Report Abuse

Finally rebound from bottom

Posted by Wong Kah Wei > 2019-01-14 21:50 | Report Abuse

No power..

Posted by commonsense > 2019-01-17 16:33 | Report Abuse

When it first listed its share to the public back in May 2016, most investors were bullish of the company’s prospect (in particular the potential profit growth) given the amount of budget allocated by the government for healthcare averaging RM25bil in FY16 and FY17. More importantly was the government’s commitment to build new hospitals while improving facilities of existing government hospitals which should bode well for LKL (which main business consist of supplying medical beds).

Surprisingly, the financial performance of the company fell when compared to their performance prior to the IPO. In FY15 the company managed to record a revenue of RM39mil and a profit of RM6mil. Upon its listing, FY17 (being the first full year performance) only managed to record a revenue of RM33.8mil and a profit of RM4.4mil decreasing by 13% and 27% respectively. In FY18 it was worse as the company revenue fell to less than RM30mil and recording a loss of RM1mil. FY19 seems to be a bit better than last year but still far from the performance prior to the IPO (1H19 Revenue RM17.3mil and Profit RM140k). Even if the company managed to deliver a PAT of RM1mil in FY19, it would mean that the company’s is currently being valued at 45x PE which is high given the doubt of the LKL’s ability to grow the profit.

The company’s balance sheet is ok with debt of RM7.8mil and cash of RM10.3mil. At an NTA of 14 sens per share the company is currently trading at around 0.9x PB.

If you are looking to diversify your portfolio outside of LKL International (due to its weak earnings growth outlook) I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.7x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.6x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

For FY19 growth will be driven by the still high demand of new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. I am projecting a profit to shareholder of RM160 mil for FY19 which at the current price values MBMR at only 6x PE.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. Most analysts have a TP of above RM3 for the company with Hong Leong being the lowest at RM3.13 and Maybank the highest at RM4.50.

Good luck.

Posted by Wong Kah Wei > 2019-01-23 18:02 | Report Abuse

Sad case

Posted by 100000024310431 > 2019-02-28 11:44 | Report Abuse

sad no recovery on sight.

Posted by Kc Teh > 2019-02-28 17:14 | Report Abuse

there will be a bomb.

Posted by 100000024310431 > 2019-03-05 11:43 | Report Abuse

slowly sinking to deep sea.may day may day

Posted by zoizai > 2019-03-17 21:00 | Report Abuse

Buy call for lkl. Huat a

Posted by zoizai > 2019-03-29 20:47 | Report Abuse

increase in revenue

Posted by Sc Lee > 2019-04-11 10:57 | Report Abuse

weak marketing team disp good agency

Posted by invest turtle > 2019-04-12 22:11 | Report Abuse

https://www.theedgemarkets.com/article/lkl-international-inks-two-distribution-agreements-taiwanese-medical-devices

Posted by invest turtle > 2019-04-12 22:11 | Report Abuse

KUALA LUMPUR (April 12): LKL International Bhd has clinched two agreements to distribute medical appliances from a Taiwan-based company in Malaysia.

According to two bourse filings, the group said its wholly-owned subsidiary Medik Gen Sdn Bhd (MGen) had entered into the agreements today with Taiwan-based Qisda Corporation’s BenQ Asia Pacific Corp (BenQ), and BenQ’s unit Lily Medical Corp (Lily).

Both distribution agreements are to end on March 31, 2021.

Under the agreements, MGen will distribute BenQ’s medical display devices, related spare parts and software, and Lily’s disposable medical devices and related spare parts.

Both Lily and BenQ have allowed MGen to use their trademarks and logos to promote and sell these products.

LKL said the agreements complement its existing business in the healthcare sector.

“With the award of the distributorship, the group will not only be able to broaden its products offering to its customers via the distribution of the products but also to expand its customer base in [Malaysia]. The distributorship is expected to contribute positively to the future financial performance of the group,” it said.

The two distributor agreements are not expected to have a financial impact on the group’s earnings, net assets, gearing levels or substantial shareholder’s shareholdings for the financial year ending April 30, 2019 (FY19)

Meanwhile, in another filing, LKL said MGen had entered into a shareholders’ agreement with Agrow Corporation Sdn Bhd on April 10 to set up a joint venture company to promote, market, distribute and sell selected branded medical devices within Malaysia.

The proposed name of the JVCo is LKL Agrow Healthtech Sdn Bhd and it is expected to commence operations by three months from the date of the agreement.

The initial capital of the company will be RM500,000, comprising 500,000 ordinary shares, with both party subscribing to half of those shares each.

MGen’s subscription of the shares will be funded internally.

The counter closed unchanged at 12 sen — with 110,000 shares changing hands — giving the group a market capitalisation of RM51.46 million.

Posted by Cobia > 2019-04-12 22:28 | Report Abuse

Uncle YKK
1) is revenue for this stock growing for 2 consecutive quarters?
2) do they have lots of debt?
3) Malaysia's medical segment is not expanding much, do u know if they have income from other countries?

Posted by uncle ykk > 2019-04-12 23:20 | Report Abuse

hi Cobia,
1) last two quarters showed increase in revenue however low profit due to high admin fees. In the announcement dated on 30 july 2018, the company received USD 2.8m contract from Uganda to supply bed/medical device from 1 August 18 to 1 August 2019. However this was not showed in the last quarter report. If the deal is ongoing , this shall contribute to the up coming report.

2) Gearing ratio is low. RM6m loan and cash RM9m.

3) From the report, local market is their main customer. Demand for healthcare services is Malaysia is growing. There are not many health care provider in Malaysia. LKL currently traded below IPO price, is a good entry price now.

Posted by Cobia > 2019-04-15 16:20 | Report Abuse

uncle ykk, thanks for recommending this stock. it seems to have similar trend with VIS 0120. I can see management has taken good initiative to expand the business portfolio. Moving into the medical equipment segments seems to be the right move to increase revenue. With the strong balance sheet and increasing revenue, it looks very promising for mid term investment.

Posted by uncle ykk > 2019-04-15 17:16 | Report Abuse

Hi cobia,
This stock is for mid and long term investment. At current price, I’m looking at 50% gain in 2 years.

Posted by quassar > 2019-04-24 10:21 | Report Abuse

if the price is below IPO, lets go for bottom fishing...

Posted by uncle ykk > 2019-04-24 17:26 | Report Abuse

Operator is quietly collecting it

Posted by FairTalk > 2019-04-25 12:45 | Report Abuse

Too quiet is not good for investing.

Posted by Cobia > 2019-04-30 10:53 | Report Abuse

the sales of medical equipment has seen growth in the past quarters. that is a good indications that the management is doing the right thing to increase the revenue. the price is almost at the bottom now. Quarterly report has been black for the past 3 quarters, perhaps it is time to pickup now.

Posted by 100000024310431 > 2019-06-14 16:21 | Report Abuse

fxxk

Posted by uncle ykk > 2019-06-20 07:45 | Report Abuse

Lkl sleeping

Posted by 100000024310431 > 2019-06-21 15:54 | Report Abuse

sleeping management.

Posted by Wong Kah Wei > 2019-06-26 13:16 | Report Abuse

Damn BOD ..

Posted by JJTAN0409 > 2019-06-26 13:40 | Report Abuse

业绩不是很好，但我还看好这家公司前景。

Posted by Wong Kah Wei > 2019-06-26 14:16 | Report Abuse

请说明为什么？还看好这家公司前景。

Posted by uncle ykk > 2019-06-26 14:25 | Report Abuse

Gg result. Can sell now

Posted by JJTAN0409 > 2019-06-26 18:55 | Report Abuse

这家公司董事拿票超过60%，市场还有多少票能丢，现在股价这样便宜，丢了能拿回多少钱。

Posted by JJTAN0409 > 2019-06-26 19:00 | Report Abuse

既然董事都这样有信心，散户也只能耐心等待业绩回来。

Posted by uncle ykk > 2019-06-26 21:59 | Report Abuse

亏到最严重的一个 quarter 了

Posted by Wong Kah Wei > 2019-06-27 12:46 | Report Abuse

做什么会亏这么多钱？应该就是老板不会管理

Posted by uncle ykk > 2019-06-27 22:04 | Report Abuse

公司亏欠 老板每个月照拿60千工钱 烂

Posted by JJTAN0409 > 2019-06-28 12:01 | Report Abuse

当年penta跌剩10多仙都能翻身，做生意是讲机会。

Posted by Wong Kah Wei > 2019-07-02 00:36 | Report Abuse

上市就是拿来骗钱去给王八蛋找机会做我大老板。

Posted by FairTalk > 2019-07-04 11:38 | Report Abuse

What happened in the company performance reported in last quarterly report.

Posted by uncle ykk > 2019-07-10 22:16 | Report Abuse

Sell bed also lose money. Sell karipap better

Posted by JJTAN0409 > 2019-07-11 08:55 | Report Abuse

希望公司稳健成长

Posted by uncle ykk > 2019-07-11 16:17 | Report Abuse

Finally boss wake up goreng karipap Liao

Posted by FairTalk > 2019-07-11 17:08 | Report Abuse

A better strategy is to examine and impose stringent control of costs and expenses if company is not performing well.

Posted by Wong Kah Wei > 2019-07-11 17:09 | Report Abuse

听说老板卖katipap 赚大钱了。