Posted by Jiahui Foo > 2019-06-20 15:40 | Report Abuse

Greatech breaking 1.05, approaching 1.30 very soon, as HP ends at 0.30........

Posted by anzo888 > 2019-06-20 17:35 | Report Abuse

Hpmt reversing course very soon ?

Posted by anzo888 > 2019-06-20 17:37 | Report Abuse

Back to ipo price 56 sen , got 30% profit

Posted by birkincollector > 2019-06-20 19:24 | Report Abuse

i think should observe for a while.....not all new ipo shares will climb back to their ipo price...look at DPIH.......sigh!

Posted by Jiahui Foo > 2019-06-21 10:21 | Report Abuse

Dun waste tiime ANALysis all these data lah, it hardly reach even 50 sen one.........!!!

Posted by GoodTrade > 2019-06-21 10:40 | Report Abuse

HPMT target price 0.63 ... Double revenue n profit in 2 yrs ... Looks like undervalued now ...

Posted by damani > 2019-06-21 10:48 | Report Abuse

@jiahui foo u got buy or not?

Posted by kongkong246 > 2019-06-21 11:18 | Report Abuse

it really undervalue,tips from banker friend said management ready bullet(in million) to push

Posted by kk7198 > 2019-06-21 11:33 | Report Abuse

Good, follow your advice n buy again.

Posted by GoodTrade > 2019-06-21 11:57 | Report Abuse

Rakuten Trade Research Report ...

Seeking listing on the Main Market, HPMT Holdings Bhd (“HPMT”) is a cutting tool specialist with strong international presence and proven track record. Recommend BUY with a target price of RM0.63 based on 13x PER FY20 as per closest related peers.

With almost 40 years of experience in the cutting tools industry, HPMT is primarily involved in the manufacturing and distribution of cutting tools, trading of 3rd party cutting tools, supporting equipment and accessories of metalworking as well as provision of physical vapor deposition coating services. HPMT’s extensive portfolio of products range and capability in customisation enable them to cater for customers’ need with short manufacturing and delivery lead time in various industry application. Backed by a distribution network of more than 30 countries, the group has a well-diversified geographical revenue contribution with Europe and Asia being the top sales contributors at 50.7% and 28.9% respectively in FY18.

Bulk of the IPO proceeds (80.3%) will be earmarked to purchase new machineries and equipment. The group aim to boost production capacity by 43.5% by FY21 from current 148,200 pieces per month to 212,600 pieces per month, implying a 3-year compounded annual growth rate of 13%. Meanwhile, 6.9% from the proceeds will be utilised for working capital purposes. The allocation is important for the group to increase its inventory level to ensure stock availability and shorter time delivery. The expansion is set to enhance HPMT’s competency to cope with the growing demand and eliminate limited capacity constraints as the group is currently running at an utilisation rate of over 80%.

HPMT has a dividend policy of 30%, translating to an expected dividend yield of 2.2% and 2.6% in FY19 and FY20 respectively. Post listing, net gearing is set to improve from 0.36x to 0.19x. Net profit is expected to grow at 11.4% and 17.6% respectively in FY19 and FY20 on the back of higher sales volume from HPMT’s production capacity expansion as well as rising products demand due to higher application of automation within the global manufacturers.

Posted by Jiahui Foo > 2019-06-21 12:09 | Report Abuse

@damani. Am I need to report to u?

Posted by damani > 2019-06-21 12:29 | Report Abuse

if not pls shut up

Posted by Jiahui Foo > 2019-06-21 12:33 | Report Abuse

公司给你什么烂甜头，搞到你这款烂样？ 白痴！

Posted by Jiahui Foo > 2019-06-21 12:34 | Report Abuse

你以为你是誰，跌到这样还在托人大脚！

Posted by Jiahui Foo > 2019-06-21 12:40 | Report Abuse

@damani.人不犯我，我不犯人。你想找麻烦，我奉陪到底！

Posted by Jiahui Foo > 2019-06-21 15:41 | Report Abuse

@spider. Buy more before the big fishes push to 1. Surprise!!!

Posted by Jiahui Foo > 2019-06-21 16:23 | Report Abuse

Anyway, win more at Great there. After win, come back here, sapu the lelong stuff....... Hahaha!!!

Posted by Jiahui Foo > 2019-06-21 16:33 | Report Abuse

At nite sleep, no need wear one.....! Hahaha!!! :-)

Posted by Jiahui Foo > 2019-06-21 16:38 | Report Abuse

Spender no use one ,got smell. Those ppl need ikan bilis that afford to donate car or lorry one!!!

Posted by GoodTrade > 2019-06-21 16:55 | Report Abuse

HPMT could possible rebound to above 0.60 ...

Posted by kk7198 > 2019-06-21 17:48 | Report Abuse

Sureboh, very slow rebound.

Posted by Chin Yang Aster Koh's > 2019-06-21 19:46 | Report Abuse

Nice stock

Posted by azdrichwork > 2019-06-21 21:26 | Report Abuse

Very bad ipo in 2019

Posted by Chin Yang Aster Koh's > 2019-06-22 00:06 | Report Abuse

Comfirm we this month will fly up .

Posted by GoodTrade > 2019-06-22 11:11 | Report Abuse

A similar listed company in Japan at PE 16.2x, another in Thailand at PE 10.6x ... HPMT share price at PE 8 is 0.44 ... PE 10 is 0.55 ... PE 12 is 0.66 ... PE 14 is 0.77 ... PE 16 is 0.88 ... HPMT's capacity expansion to lead growth in the next 3 yrs will drive the share price higher ... A dividend policy with a payout of 30% would be fantastic for early investors now ...

Posted by GoodTrade > 2019-06-22 12:50 | Report Abuse

Thks ... PE is just one out of many guide to evaluate ... Cheers ...

Posted by GoodTrade > 2019-06-22 13:04 | Report Abuse

At current share price, I expect the ROE would be great n the dividend yield could be double of FD rate in less than 3 yrs time ...

Posted by NewbieInv > 2019-06-22 14:33 | Report Abuse

Capacity expansion do not guarantee sales growth,looking at their revenue growth for the past three years, it was 9%, 13% and 0.17% in 2018.And the profit after tax was a decrease of 8% from 2017. If the earning do not grow, 30% dividend policy payout means nothing.

Posted by GoodTrade > 2019-06-22 15:33 | Report Abuse

Find out the reason behind those numbers is more important ... Generally 2018 was not a good year for most industries especially manufacturing ... It didn't affect badly on HPMT ...

Posted by kongkong246 > 2019-06-22 15:40 | Report Abuse

there were alot of manufacuter outside there didnt have sales at all between these two years,but hpmt still able to make it groeth in fevenue,is very good ady

Posted by kongkong246 > 2019-06-22 15:40 | Report Abuse

*growth in revenue

Posted by GoodTrade > 2019-06-22 15:53 | Report Abuse

Investing in equities is not about put a judgement based on past numbers ... It's about evaluation of it's past numbers n find out the cause of it ... Investing is always about futures growth ...

Posted by GoodTrade > 2019-06-22 16:26 | Report Abuse

HPMT is selling industrial tools n services that hv a lifespan of 3 to 6 mths ... It's a recurring revenue n profit as long as their customers operating biz as usual ... Just like some ppl repeatedly buying Gardenia bread every 2 to 3 days, 3 times in a week, 12 times in a mth ... Gardenia would enjoy recurring revenue n profit as long as ppl eat their bread ...

Posted by NewbieInv > 2019-06-22 16:29 | Report Abuse

Absolutely correct, analysing past information and apply the current economic condition to predict the future prospects is investment, else it is gambling. Particularly at this tough economy, using capacity expansion as business strategies is a risk-approach which will highly lead to over-trading especially with a targeted monthly production capacity increase of almost 43.5% from only a historical annual growth of 5.3%.

Posted by GoodTrade > 2019-06-22 16:38 | Report Abuse

I hv faith in HPMT ... I think they can produce good n satisfactory results in futures ... Cheers ...

Posted by Money1188 > 2019-06-22 20:50 | Report Abuse

Then why the share price dropped like that??? Dig money from ikan bilis ???

Posted by GoodTrade > 2019-06-22 21:34 | Report Abuse

Didn't u realize that current price is very attractive ? ... Other thing is not so important ... No point questioning any motif behind it to avoid offending anyone ... Cheers ...

Posted by Asia88 > 2019-06-23 22:50 | Report Abuse

Yes. All in HPMT now before you regret.

Posted by InvestsucessTrader > 2019-06-26 08:45 | Report Abuse

I think the directors are selling because the IPO is offering at higher end.

Posted by kk7198 > 2019-06-26 09:08 | Report Abuse

Directors are buying from the open market.

Posted by simonc > 2019-06-26 09:28 | Report Abuse

Insiders buying a lot recently at current undervalued price. 1.7m ....400K.....big accumulation by owners

Posted by InvestsucessTrader > 2019-06-26 09:55 | Report Abuse

Waiting at 0.435, 0.44 superstitious, pantang.

Posted by Jiahui Foo > 2019-06-26 09:55 | Report Abuse

@spider. So soon back again. Hantam kaw2 oledi? :-)

Posted by InvestsucessTrader > 2019-06-26 10:17 | Report Abuse

Mestron drops 16%, HPMT drops 20%

Posted by InvestsucessTrader > 2019-06-26 11:09 | Report Abuse

Selling non stop at large queue,

Posted by Jiahui Foo > 2019-06-26 13:05 | Report Abuse

@spider. Now out there, all r like abang adik, only name that different.......:-)

Posted by InvestsucessTrader > 2019-06-26 15:42 | Report Abuse

At least found a base ,support at 0.44 very strong, time to acumulate,

Posted by Ziko Ro > 2019-06-27 20:17 | Report Abuse

His adik Mestron up 14%.

Posted by Money1188 > 2019-07-01 14:09 | Report Abuse

Cheating counter

Posted by kk7198 > 2019-07-01 17:33 | Report Abuse

I think so.Luckily I sold off for a small loss eventhough had picked up at 0.46 sen.