Posted by Mr.Sm Invest123 > 2021-11-18 23:37 | Report Abuse

Edge Weekly
Cover Story: Why companies are flocking to Batu Kawan Industrial Park
Liew Jia Teng

The Edge Malaysia
18/11/2021


Interestingly, Shah Alam-based automated test equipment (ATE) manufacturer QES is teaming up with US-based Applied Engineering to provide hi-tech electromechanical contract manufacturing services in BKIP.

QES managing director and president Chew Ne Weng says the primary reasons for its investment in BKIP are the availability of large tracts of land as well as complete infrastructure such as roads, connecting bridges to Penang Island and Prai Mainland, internet broadband, water and electricity.

“BKIP is heavily promoted by InvestPenang and Penang Development Corp (PDC), both of which are under the state government. Many MNCs and local listed companies are there, so it’s good for the ecosystem and supply chain because there will be potential business opportunities among the pool of investing companies in BKIP,” he notes.

QES has acquired a two-acre parcel at BKIP from the PDC for around RM5 million and budgeted about RM10 million to construct a factory there, slated for completion by end-2023 or early 2024.

“Our plan is to expand the QES manufacturing division there for both ATE equipment and IR4.0 Smart Manufacturing Solutions. We are also working on integrating or relocating the Applied Engineering-QES (AE-QES) JV company to the new QES BKIP factory,” says Chew.

He predicts that Batu Kawan will eventually overtake Bayan Lepas, as the former’s land area is much larger. Meanwhile, nearby areas such as Penang Science Park will add to the expanding industrialisation of BKIP in the long run.

Therefore, says Chew, Penang will need a larger area for the airport over the next decade or so, owing to the tremendous growth of MNCs relocating to BKIP or Penang Island.

Posted by Mr.Sm Invest123 > 2021-11-18 23:39 | Report Abuse

hold tight

Posted by NoBrainerLor > 2021-11-19 09:39 | Report Abuse

@Mr.Sm Invest123, I intend to lock QES in the safe for next few years

Posted by Investformilkmoney > 2021-11-19 10:27 | Report Abuse

Last time Qtr-to-Qtr good. Then naysayers say Year-to-Year is bad. Now Year-to-Year good, naysayers focus on Qtr-to-Qtr say not good.

Posted by Okayman > 2021-11-19 10:39 | Report Abuse

i sold all my bank stock all in here. The current price is too attractive for me.

Posted by sweetpotato > 2021-11-19 10:50 | Report Abuse

dont purely look at one or two qr. the performance of QES expect to grow significantly by next year onwards. current valuation is not expensive in long run. hold it as long as you can. they are moving in right direction and partner with the right ppl.

Posted by justaikanbilis > 2021-11-19 11:00 | Report Abuse

@Armanhashim Please keep enliven this group with your funny and baseless comments ;)

https://www.thestar.com.my/business/business-news/2021/11/19/two-fold-jump-in-qes-earnings

Posted by Newbieinshare > 2021-11-19 11:10 | Report Abuse

Why result so good still drop?

Posted by Okayman > 2021-11-19 12:36 | Report Abuse

I top up 0.77 it down 0.75. Qes,,, Qes,,,

Posted by Grova1 > 2021-11-19 13:40 | Report Abuse

You're not alone. By my calculation, the intrinsic value is around RM 0.72. So I guess I didn't pay too high for it. But maybe my calculation is wrong. I guess you need a lot of luck to buy exactly at the bottom and sell at the peak.

Posted by Jokers2020 > 2021-11-19 13:48 | Report Abuse

qes long term stock.New plant at Batu Kawan to service those new semicon plant..future look bright

Posted by keychain > 2021-11-19 13:55 | Report Abuse

Here many mathematician expert!

Posted by Michael Kwok > 2021-11-19 13:57 | Report Abuse

The plant first 2 quarter will made losses due to additional depreciation cost and cost of not at economy of scale.This is the example of new plant coming need adjustment.

Need help.....
Beginner level...Must come.

Sifu Michael(with ang pow picture) in FB
Answer anything in stock include teaching
Charging rm 120 per month
3 month non perform im out

Posted by Grova1 > 2021-11-19 14:25 | Report Abuse

@keychain, not Mathematics expert. It's making an effort to value a stock that you own. It could be wrong, but it's better than none.

Posted by Newbieinshare > 2021-11-22 10:06 | Report Abuse

Buybuybuy. Showtime after 4pm

Posted by Okayman > 2021-11-22 15:10 | Report Abuse

Everytime say the same "Showtime after 4pm"....but never show

Posted by Okayman > 2021-11-22 16:42 | Report Abuse

Headache laa this QES.......many positive news for investor but price keep going down...

Posted by Okayman > 2021-11-22 20:37 | Report Abuse

wait long long..and must set a cutloss point

Posted by Cocomi > 2021-11-23 09:29 | Report Abuse

Anything with catalyst that only will come in after more than 6 months later to sell first because in the meantime DOW wil crash first?

Posted by Okayman > 2021-11-23 09:50 | Report Abuse

Haiz...can tell many already choose to exit..

Posted by fruitcake > 2021-11-23 11:02 | Report Abuse

good luck to long term holders

Posted by fruitcake > 2021-11-23 15:42 | Report Abuse

https://focusmalaysia.my/uob-kay-hian-bursas-average-daily-volume-on-a-downward-trajectory/

Posted by Michael Kwok > 2021-11-23 22:07 |

Post removed.Why?

Posted by NoBrainerLor > 2021-11-24 09:24 | Report Abuse

@Michael Kwok, have you sell all your QES? If not, Better throw all now. Play shares is highly risky for you. Let me take over your shares

Posted by Grova1 > 2021-11-24 09:55 | Report Abuse

Let's do some back-of-the-envelop calculation here

Consider the EPS below:

Q1 - 0.83 sen (at full capacity)
Q2 - 0.46 sen (MCO)
Q3 - 0.45 sen (MCO)
Q4 - 0.83 sen (projected, at full capacity)
Total - 2.57 sen

At Forward PE of:

30 - The share price should be around RM 0.77
35 - The share price should be around RM 0.89
40 - The share price should be around RM 1.03

Consider the more conservative projection below:
Q1 - 0.83 sen (at full capacity)
Q2 - 0.46 sen (MCO)
Q3 - 0.45 sen (MCO)
Q4 - 0.75 sen (projected, 10% discounted from the Q1 EPS)
Total - 2.49 sen


At Forward PE of:

30 - The share price should be around RM 0.75
35 - The share price should be around RM 0.87
40 - The share price should be around RM 1.00

Since the semiconductor industry will be booming for the next few years, I think the forward PE of 30, 35 and 40 are quite reasonable. So, I think there is no time like the present.

Posted by sweetpotato > 2021-11-24 10:54 | Report Abuse

must hold a bit longer as they are ready to achieve for good results from next year onwards.

Posted by justaikanbilis > 2021-11-24 15:34 | Report Abuse

@fruitcake if you already sell all why keep talk loud here. Only those newbies will die die take your comment with serious.

Macam biasa.. if you post message here means you are interested, it is simple as that ;)

Posted by Michael Kwok > 2021-11-24 15:46 | Report Abuse

I sold since 80 cents over.No point akready.Stock euphoria is over.next time base on reality.

Posted by NoBrainerLor > Nov 24, 2021 9:24 AM | Report Abuse 

@Michael Kwok, have you sell all your QES? If not, Better throw all now. Play shares is highly risky for you. Let me take over your shares

Posted by justaikanbilis > 2021-11-25 09:55 | Report Abuse

@Michael Kwok great you sold all. Then please move on ;)

Posted by NoBrainerLor > 2021-11-25 10:38 | Report Abuse

@Michael Kwok, that means QES has nothing to do with you now. Better move on to your reality now. Good luck

Posted by Okayman > 2021-11-25 18:44 | Report Abuse

Kns qes...everyday drop bit by bit tortune you..

Posted by Okayman > 2021-11-26 10:44 | Report Abuse

anyone know what happen on this stock? Only see all good news published around but price keep going downtrend? Is that something internal bad happen?

Posted by stainlyho37 > 2021-11-26 10:46 | Report Abuse

again foreign labours issues..???? what a joke !!...

Posted by Okayman > 2021-11-26 10:54 | Report Abuse

what happen????

Posted by franc22123 > 2021-11-26 11:59 | Report Abuse

Keep don’t panic

Posted by Sogbashen > 2021-11-26 12:13 | Report Abuse

RIP….. 0.675? Seriously? Pe 30 tech stock will millions profit. And people to choose to invest at jftech such overrated stock

Posted by StayHumble > 2021-11-26 12:13 | Report Abuse

going lower..

Posted by chesslim > 2021-11-26 12:24 | Report Abuse

记住，当别人恐惧时你要贪婪。

Posted by jackietian1987 > 2021-11-26 12:30 | Report Abuse

top up

Posted by Newbieinshare > 2021-11-26 12:32 | Report Abuse

buy on red sell on green

Posted by Seven77 > 2021-11-26 12:34 | Report Abuse

29 Nov . Rss short sell

Posted by Okayman > 2021-11-26 13:06 | Report Abuse

No more liao...heavy lesson reward by qes

Posted by LubeTrader > 2021-11-26 13:06 | Report Abuse

New COVID variant sends fear into the market again. Presents another buy opportunity like in the first wave also another chance to make the correct decision this time. Nothing speculative, only buy into stocks with solid fundamentals. Where others fear,...... This is my opinion.

Posted by LubeTrader > 2021-11-26 13:08 | Report Abuse

Saying QES = ATAIMS is pure fear-mongering.

Posted by oskchoon > 2021-11-26 13:12 | Report Abuse

Major customer is Dyson

Posted by stockraiders > 2021-11-26 13:26 | Report Abuse

As the usual saying goes, when people are fearful, we must be greedy. Load up kaw kaw.

Posted by oskchoon > 2021-11-26 14:18 | Report Abuse

It means the contract termination from Ataims can be given to QES next June, since it is the big supplier for Dyson..

Posted by oskchoon > 2021-11-26 14:19 | Report Abuse

QES never have forced labour allegations by ILO, moreover majority of QES workers are locals..

Posted by Okayman > 2021-11-26 14:41 | Report Abuse

rebounce soon...pls hold dont panice

Posted by Sogbashen > 2021-11-26 14:53 | Report Abuse

Sell all’s this stock has no hope