If this qr ..can profit around 4 mill plus..than ada chance to climb to 40 cent...current PE at 32 means taking semicon sector median PE 53 ...30 cent it is the highest can go..so means to break the price higher require higher net profit in coming quarter..
PE at 53..already at a median of Semicon company ...possible will barely move for the next few month..it may get adjusted to 15 cen to balance back PE at 40..
Company faces high COGS "mainly" due to Overtime expenses & outsourcing cost to meet their customer order due to 2 of their factory were shut down because of covid cases. The company may not be able to run in 100% capacity due to covid cases or the implementation of 60% capacity.
For next 3 QR still remain a question whether Aimflex could turn things around, however do note that in QR report the company did mentioned that they are still in discussion with the parties from oil industry to work on their collaboration since April, so hope things could work out between the parties.
IMO, automation will grow strong in demand in order for company in different industry to meet their customer order as covid still increasing daily, less foreign labor is available in the market due to unable to travel and strict regulation being implemented by the gov. Even for some company, they are having hard time to expand due to their nature of work is more human labor intensive, things will change as covid is here to stay for next few years and machine will take more work to ensure their production line is unharmed.
Of course, this is my bias view as i brought the company share, dont come shoot me pls.
wtf people still hold this stock? You all should've dumped when Istone changed its name to Aimflex. A good company never changes its name unless the company goes through a merger or acquisition.
My view is the Company is not only changing its name but more of corporate re-branding. First of all, I-Stone name doesn't sound appealing if you are expanding your automation business into other sectors in O&G, semiconductor and also telecommunication. Also, it gives better impression to its existing and future clientele as they are working towards highly specialised automation equipment beyond electric appliances and E&E.
What I can see that Q4 20 results was very impressive. If not because of ESOS, the Company could achieve a very credible results. In Q1 21, it was because of Covid cases for 2 facilities and additional outsourcing costs and OTs to meet its demand. If its operations is back to normalcy, Q1 21 could be profitable. Do note that the Company has growing revenue quarter-on-quarter. At 18 cents, it is definitely a value buy
Also, the Company has a very unique position. They are into automation and AI but they can cater into various industries that constantly required less human interventions and automation in their processes to give edge and to optimise their costs
info from reliable source: Aimflex is in technical discussion with a famous European car maker to set up a new assembly line in North Malaysia. However this is not a whole vehicle assembly, but for modular component assembly that required more automation and precision set up.
Revenue increasing every qr is the most important point. Rebranding, disruption of operations, esos and other expenses are short term! Last year lower revenue it was trading at above 0.20. Now revenue growing so much its trading at 0.18!!! Discounted so much very obvious is purposely press down to wash away weak holders and collect cheap tickets!
Aimflex is building its floor around 18 cents. Changing hands from punters to value investors that buying in bulk. Hold for few months to reap a minimum of 30% upside
By the way, i made request to the Company the AGM by way of virtual meeting. So that we can raise concerns, issues and also understand on the prospects going forward
Technological counter will surely fly. Its automation business is a niche strategy in its own sense. Once it announces aimflex partnerships,it would be too late to collect
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....
Abdulazizba
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Posted by Abdulazizba > 2021-05-24 22:06 | Report Abuse
If this qr ..can profit around 4 mill plus..than ada chance to climb to 40 cent...current PE at 32 means taking semicon sector median PE 53 ...30 cent it is the highest can go..so means to break the price higher require higher net profit in coming quarter..