Posted by Newbieinshare > 2021-02-22 19:45 | Report Abuse

is the overall market sentiment bad today. most shares drop

Posted by Ginduchti > 2021-02-22 19:48 | Report Abuse

Anyway, IDSS suspension has just been extended to end of Aug 21, good catalyst indeed. Hoping for a rebound not only in QES but the overall market

Posted by Broker77 > 2021-02-22 20:45 | Report Abuse

QES Group Bhd’s wholly-owned subsidiary QES (Asia-Pacific) Sdn Bhd (QAP) has been appointed to take over Nikon Corp’s industrial metrology business (IMB) in Malaysia effective Jan 1, 2021.

Expect revenue and PAT to hit a new record in year 2021 to be derived from NIKON’s income portfolio and the Share price would reflect naturally.

The best has yet to come, hold on to your investment guys..

https://themalaysianreserve.com/2020/11/10/qes-takes-over-nikon-malaysias-industrial-metrology-business/

Posted by Gen2 > 2021-02-22 21:00 | Report Abuse

Coming QR might not be good judging from the boss latest statement mentioning on next year double digit growth.

Posted by Sailangking > 2021-02-22 21:56 | Report Abuse

coming qr very good...

Posted by Superb99 > 2021-02-22 22:02 | Report Abuse

Selling pressure is not really serious, hope can rebound soon

Posted by Sailangking > 2021-02-22 22:11 | Report Abuse

sure will rebound. as u see got strong support

Posted by matzaid > 2021-02-22 22:16 | Report Abuse

hopefully tmoro can buy at lower price

Posted by Broker77 > 2021-02-22 23:00 | Report Abuse

To those who missed the boat and wonder why this counter is undervalued, here may give you some answer..

1) The company has been appointed to take over Nikon Corp’s industrial metrology business (IMB) in Malaysia effective Jan 1, 2021.

You can expect revenue and PAT to increase from the NIKON’s income portfolio alone in year 2021, details of the news is here

https://themalaysianreserve.com/2020/11/10/qes-takes-over-nikon-malaysias-industrial-metrology-business/

2) In September 2020, The company had bought a new factory in Glenmarie and the new factory will give a huge impact on the earnings in year 2021. Details of the new factory can be read here.

https://www.thestar.com.my/business/business-news/2020/09/21/qes-group-buys-factory-for-rm21m-to-double-production-capacity

3) With the new factory, the company will double their production capacity. Even during the last MCO (i.e. last quarter) they managed to generate RM 1.6 million profit which was not running at full capacity. Imagine If within six months down the line the new factory is running at full force, what do you think is the new value of this company??

https://www.thestar.com.my/business/business-news/2021/02/08/qes-confident-of-double-digit-growth

4) Semiconductor chips are increasingly being used in industries today and QES expertise is related with automotive industry towards fully self driven vehicle. Self driven vehicle is a growing market and based on a market forecast, it will worth USD 220 Billion by year 2025

https://www.marketdataforecast.com/market-reports/self-driving-cars-market

5) Due to the current trade war between China Vs US, the demand on chip is very hot as all China based companies were rushing to stock up all their inventory before trade restrictions comes into effect as they afraid they won’t be able to get IC chips anymore. This indirectly increase the revenue of QES and other semiconductor companies in Malaysia. .

6) The next QR shall be released by end of this week, For this QR I believe the company will start to monetize and capitalize their new factory in Glenmarie. So do We anticipate more profit in this coming quarter??, definitely Yess.. So hold on guys for the next QR result.

Posted by Sailangking > 2021-02-22 23:05 | Report Abuse

tomorrow drop more, I still wan collecr for longterm

Posted by zoizai > 2021-02-23 01:35 | Report Abuse

Tomorrow will drop below 50sen ?

Posted by Broker77 > 2021-02-23 07:25 | Report Abuse

Overselling had already occurred yesterday, the price will rebound in anticipating the good QR announcement tomorrow.

Posted by zoizai > 2021-02-23 07:39 | Report Abuse

Today will rebound

Posted by Broker77 > 2021-02-23 09:02 | Report Abuse

Flushing out a few weak retailers and the price will rebound, hold on for the QR result guys..

Posted by Abdulazizba > 2021-02-23 10:13 | Report Abuse

bursa put stop to IDSS....BULL IS BACK

come in now before to late..PEG at 0.53 ..masih murah...all the way UP to RM 1.20..

Posted by Abdulazizba > 2021-02-23 10:20 | Report Abuse

IDSS stop till AUGUST 2021...long way to go...so no body will short ....

now onward going LONG only...

banyak panjang the GREEN CANDLE STICK..

Posted by Broker77 > 2021-02-23 10:42 | Report Abuse

Temporary suspension on IDSS is definitely a good news. The market will be steady up to August

Posted by Wolger > 2021-02-23 10:49 | Report Abuse

now is the best time for entry.

Posted by Broker77 > 2021-02-23 11:13 | Report Abuse

People must see and understand the significant of latest QR . New business line from NIKON, new factory in Glenmarie and new Plant capacity will double up their profit in the short term.

Posted by vivabursa > 2021-02-23 11:17 | Report Abuse

Definitely worth more than current price with strong fundamental. Other tech stocks already shoot up high

Posted by chyeoh1972 > 2021-02-23 11:42 | Report Abuse

block at 0.55 no show liao???this morning quere at 0.50 din get...waiting afternoon see how...now no engieer liao

Posted by drnara78 > 2021-02-23 11:42 | Report Abuse

I hope it drops. Want to collect more...

Posted by charchar > 2021-02-23 12:01 | Report Abuse

Support is strong and the selling pressure is quite low, hopefully afternoon will rebound

Posted by Ginduchti > 2021-02-23 12:19 | Report Abuse

The 1mil+ block at 0.55 is purposely queued by operators to bait weak holders selling at any price below 0.55 , so if there are some panic selling later at 3pm & 4pm , you guys know what to do :)

Posted by hotdogge > 2021-02-23 12:42 | Report Abuse

buy

Posted by vivabursa > 2021-02-23 13:06 | Report Abuse

Sure price worth beyond current price, drop from 0.665. other tech counters touched RM 1 de.

Posted by Sailangking > 2021-02-23 13:50 | Report Abuse

waiting result and gap up

Posted by charchar > 2021-02-23 14:04 | Report Abuse

Frontkn QR is good, will it lead QES to go higher?

Posted by HeLLo Cannot (=^x^=) > 2021-02-23 14:40 | Report Abuse

klau main short trading, x payah kisah sgt keputusan suku, just tengok chart dan hentam je

Posted by poii > 2021-02-23 14:46 | Report Abuse

hantamhantam..

Posted by Sailangking > 2021-02-23 15:17 | Report Abuse

jangan hamtam..kasi sailang ....

Posted by chyeoh1972 > 2021-02-23 16:10 | Report Abuse

Sell..tomolo will drop again...no change to break 0.55

Posted by chyeoh1972 > 2021-02-23 16:10 | Report Abuse

May be the qr also so so nia

Posted by chyeoh1972 > 2021-02-23 16:17 | Report Abuse

0.525 liaio..can wait to buy bsck at 0.52..0.515 or 0.50??

Posted by Superb99 > 2021-02-23 16:34 | Report Abuse

Downtrend counter...should dumped all this morning

Posted by Ginduchti > 2021-02-23 17:05 | Report Abuse

Banker chips appeared in the 0.52 range, not surprised that it rebounded back to 0.54 before market closed.

Anyway whatever comes down will go up, somemore this is a fundamentally good tech counter.

Posted by Ginduchti > 2021-02-23 17:30 | Report Abuse

Report out. 1.9mil profit , seems neutral

Posted by kancil850 > 2021-02-23 17:34 | Report Abuse

QES is upcoming frontkn.

Posted by zoizai > 2021-02-23 18:19 | Report Abuse

Result is below expectation. Tmr drop

Posted by fruitcake > 2021-02-23 18:22 | Report Abuse

nothing to shout about QR result. kacang putih profit compare to penta & greatec. who say its going be another penta or greatec? buta! good luck for those who want to hold long term.

Posted by Broker77 > 2021-02-23 18:35 | Report Abuse

This company is not a blue chip stock but a growth stock, June - Dec '20 is the worst period for most industries, but QES manage to increase their profit.

Posted by Newbieinshare > 2021-02-23 18:37 | Report Abuse

haha only pro will read the entire QR and interprete it. what i can see this QR is positive and gradually the manufacturing segment is contributing more revenue. Which is very positive from my point of view as manufacturing segment has higher margin

Posted by Mr.Sm Invest123 > 2021-02-23 18:37 | Report Abuse

B3. Prospects and outlook
The Malaysian economy is expected to face continued uncertainties and challenges throughout FY 2021 especially into the first half of 2021, arising from the Covid-19 pandemic. However, the Group is cautiously optimistic that it will fare much better in FY 2021 as compared to FY 2020 as it anticipates that the various business segments which the Group partakes in will gradually recover in tandem with better sentiment, governmental interventions and confidence in the recovery post Covid-19 pandemic.
The Group expects the semiconductor market segment to show record growth ahead due to the encouraging positive signals with the uptake of 5G, Internet of Things (IoT), electric vehicle and Cloud/Edge Computing. The Group is hopeful to capture the demand upswing which could likely be a sharp rebound post-pandemic.

Posted by Newbieinshare > 2021-02-23 18:42 | Report Abuse

haha many people here just judge a book base on its cover and never bother to open it to read and interpret it. lols

Posted by Broker77 > 2021-02-23 19:12 | Report Abuse

When you wanna make comparison, don't highlight their PAT alone.
QES Profit before Tax for example had increased by double,

This company has 8 times better revenue and 4 times better EPS than MMSV and yet the stock is closed at half price as compared to the later.

Posted by thinkfirst > 2021-02-23 19:23 | Report Abuse

I read report how come this company bad when everything show improve and next QR will be more better, let see tomorrow how market react. Should climb back to 60 cent or go red because want to collect cheap ticket.

Posted by Newbieinshare > 2021-02-23 19:34 | Report Abuse

What i can see is their manufacturing segment contribute significantly more compare to last quarter, which is very good as manufacturing segment has higher profit margin. And boss mentionrd before on the interview that he want to expand the manufacturing segment. Im willing to hold for few more quarters happy to top up if it drops too

Posted by davidkkw79 > 2021-02-23 20:10 | Report Abuse

Why result same only, but price can up so much ?! https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3131310

Posted by The speculators The speculators > 2021-02-23 20:28 | Report Abuse

Cash flow increase By 70 over percent , u guy no go read report ah

Posted by speculative > 2021-02-23 20:32 | Report Abuse

Qes tomorrow sure gap up.. kwspbuy..