Posted by limweebeng > 2019-07-24 19:24 | Report Abuse

The bitch director only leads other staffs to sale share, where got time to earn money for the company.

Posted by Mabel > 2019-07-24 21:59 | Report Abuse

@InvestsucessTrader I everyday wait at 0.18..

Me too...that's my next queue ...

Anyway, I'm already happy at 0.20 if I can collect more at 0.18 onward it will be a bonus..

Posted by Mabel > 2019-07-24 22:05 | Report Abuse

One of the reason I like Istones is because it's complimentary to Greatec.

Here's a recap

Market Cap: RM381 mil
Shares Issue to sell: 119.750 mil shares (IPO 18.780 mil, Company Insider & placement 100.97 mil)

Business: Manufacture of Automated equipment & provision of parts and services for Solar, semiconductor, & consumer electronic sectors.

Geo
Local: 10.01%
Foreign: 89.99% (Vietnam 62.68% & USA 25.37%)

Past Financial Proformance (Revenue, EPS)
2018: RM219.582 mil (eps: 0.0627)
2017: RM93.914 mil (eps: 0.0376)
2016: RM22.703 mil (eps: 0.0115)
2015: RM21.393 mil (eps: 0.0111)

Net Profit Margin
2018: 14.45%
2017: 20.29%
2016: 25.59%
2015: 26.17%

Competitor PE & ROE
Penta: PE22.28, ROE16
Vitrox: PE30.45, ROE24.88
Sam: PE14.18, ROE14.61
Mi: PE21.11, ROE13.42
Genetec: PE7.09, ROE11.38
Elsolf: PE14.29, ROE35.53
Istones: PE 17.39,ROE19.5

Industry Analysis (Asean 2012-2018)
Global Solar Cell & Solar Module Production CAGR:27.4% & 27.4%
Global Sales Semiconductor CAGR: 8.7%
Consumer Electronic CAGR: 6.1%

Istones

Market Cap: RM195 mil
Total Shares: 1.221 bil shares (IPO 61.074 mil, Company Insider/Miti/Private Placement 305.37 mil)

Business: Manufacturing automation business machinery & distribution of hardware & software.

Geo
Msia: 78.2%
S'pore: 12.5%
Philippines: 6.8%
Others: 2.5%

Past Financial Proformance (Revenue, EPS)
2018: RM67.591 mil (eps: 0.0092)
2017: RM60.381 mil (eps: 0.0067)
2016: RM43.127 mil (eps: 0.0039)
2015: RM44.124 mil (eps: 0.0033)

Net Profit Margin
2018: 17.0%
2017: 14.2%
2016: 10.9%
2015: 9.3%

Competitor (PE & ROE)
AT: Loss making.
Genetec: PE9.12 ROE7.41
Greatec: PE12.47
MMSV: PE19.26 ROE11.23
PIE: PE13.5 ROE8.54
Penta: PE19.71 ROE18.46
Vitrox: PE30.23 ROE24.88

Industry Analysis (CAGR 2015-2018, base year 2018)
CAGR: 34.99%

Both companies are heading for IR 4.0 and will benefits from the 5G, IOT and Cloud Technology . The reason why Greatec command a premium price is because the no of shares in Greatec is limited compare to Istones in addition to the above fundamental. In addition, Greatec is planning to go for main board next year. Hence it has more upside...

Having said that it's really exciting to be part of these technology shift..

Posted by Akagami > 2019-07-24 22:07 | Report Abuse

next maybe up a bit..

Posted by Pyh96 > 2019-07-25 10:33 | Report Abuse

Game over
Volume so low

Posted by InvestsucessTrader > 2019-07-25 11:09 | Report Abuse

Of course its already game over on the first day, but I'm buying for midium terms. Its takes an elephant buying momentum to 0.25cts and after the pouring of selling will starts above 0.25cts. It should take many weeks to digest this.

Posted by InvestsucessTrader > 2019-07-25 11:12 | Report Abuse

# Mabel, thank for the info.

Posted by moomoos > 2019-07-25 11:19 | Report Abuse

Whats your holding period #InvestsucessTrader? Im holding on also

Posted by InvestsucessTrader > 2019-07-25 11:25 | Report Abuse

#Mooomoos, 6 months to years (depends on market)

Posted by moomoos > 2019-07-25 11:33 | Report Abuse

What is your % target then?

Posted by InvestsucessTrader > 2019-07-25 11:46 | Report Abuse

Still many throwing to come once they can't stand the pain and patience.

Posted by Depeche > 2019-07-25 12:01 | Report Abuse

Today could be the day...come on...0.19 please

Posted by Phoniex9 > 2019-07-25 12:02 | Report Abuse

Good to buy now

Posted by InvestsucessTrader > 2019-07-25 12:05 | Report Abuse

Buy rate 15%, spiked too much first day, It should be gradually upwards from 0.16,

Posted by InvestsucessTrader > 2019-07-25 12:18 | Report Abuse

I guess the buy rate is so low because many still stucked at high price by those who wants to make fast bucks and many wounded.

Posted by moneykj > 2019-07-25 12:22 | Report Abuse

Go for Kanger. 130%-200% upside potential.

Posted by InvestsucessTrader > 2019-07-25 12:23 | Report Abuse

kanger come back became kangaroo.

Posted by Jhl23 > 2019-07-25 12:39 | Report Abuse

When will be Istone next QR?

Posted by InvestsucessTrader > 2019-07-25 15:03 | Report Abuse

Selling pressure 0.195 now.

Posted by firehawk > 2019-07-25 15:11 | Report Abuse

very strong support @0.20 !

Posted by Pyh96 > 2019-07-25 15:39 | Report Abuse

Look at the volume ...
Operator throw all ticket already
Hibernate mode

Posted by InvestsucessTrader > 2019-07-25 15:43 | Report Abuse

same few buyer these few days to support, maybe they want to average down or prevent margin call. everyone guess.

Posted by InvestsucessTrader > 2019-07-25 15:57 | Report Abuse

once these few persons escape or left, could fall very fast.

Posted by InvestsucessTrader > 2019-07-25 16:57 | Report Abuse

You must know the tricks, don't simply rush in. Tomorrow 0.195

Posted by Depeche > 2019-07-25 17:24 |

Post removed.Why?

Posted by gorengking69 > 2019-07-25 17:43 | Report Abuse

Become gravestone already

Posted by InvestsucessTrader > 2019-07-25 19:14 | Report Abuse

In this situation, pump and dump doesn't works, not many buyer and the seller are waiting for them to dispose. once they pump (buy) they get stuck because no buyer when they sell.

Posted by Depeche > 2019-07-25 20:14 | Report Abuse

In the long run....even those bought at 0.275 will enjoy enormous profits...this is a quality stock with a bright future...price could easily double one year later or earlier if they report steady increase in PAT every quarter.

Posted by InvestsucessTrader > 2019-07-25 20:50 | Report Abuse

Indeed, but must have holding power, thats why I'm here waiting for it.

Posted by Depeche > 2019-07-25 22:03 | Report Abuse

Discipline very important too..one tends to lose patience with their holdings when they see other stocks fly....i personally hate to see funds being unproductive.

Posted by Depeche > 2019-07-25 22:04 | Report Abuse

But this one is different cos buying at basement price with enormous upside in the future.

Posted by InvestsucessTrader > 2019-07-26 08:41 | Report Abuse

I think today can cherry picks at below 0.20cts, friday nomally market weaker unless good news.

Posted by Depeche > 2019-07-26 09:25 | Report Abuse

Yes..Today should finally break 0.20...there's a possibility it could touch 0.18...won't rush in yet.

Posted by InvestsucessTrader > 2019-07-26 09:31 | Report Abuse

Yes, they cannot forever support 0.20, will break anytime,

Posted by InvestsucessTrader > 2019-07-26 09:34 | Report Abuse

Buy to keep when stock are cheap and has intrinsic valued, Like GenM now everyone starts chasing.haha

Posted by Jacklew > 2019-07-26 09:48 | Report Abuse

Good to collect some from mid to long term. today may go 0.195 since Friday.

Posted by Depeche > 2019-07-26 09:57 | Report Abuse

Actually for Genting shares...it's straightforward...just all about when the outdoor theme park opens...once news is out..genting shares will fly...easy money.

Posted by Akukakijudi > 2019-07-26 11:01 | Report Abuse

Still waiting for it to come down further.

Posted by InvestsucessTrader > 2019-07-26 11:02 | Report Abuse

seller became more and more ,

Posted by robert168 > 2019-07-26 11:06 | Report Abuse

sell now?? don't fall into the trap man..

Posted by Winner 2016 > 2019-07-26 11:08 | Report Abuse

If today can break 0.190...

Posted by Winner 2016 > 2019-07-26 11:20 | Report Abuse

Any target of the company lower limit price...or back to ipo price 0.16? Since all the director is selling on the very first day.... mean the value of this company is not as high as the listing day open price 0.25....

Posted by Winner 2016 > 2019-07-26 11:21 | Report Abuse

Correct me if i am wrong....hahaha

Posted by InvestsucessTrader > 2019-07-26 11:25 | Report Abuse

last minutes will push to closed 0.20cts, today hard to closes 0.205, I guess,

Posted by Winner 2016 > 2019-07-26 11:26 | Report Abuse

Small fish must think "twenty" and perhaps not step in this trap....

Posted by Winner 2016 > 2019-07-26 11:37 | Report Abuse

before listing, this company were seem like a big bright star in ace market as their director was interview by the edge media and a lot of "good" news spread all over the market....but after listing, its performance is as lousy as the rubbish with all the red candle....all the big action before the listing day is like "action" only with tin kosong....

Posted by Winner 2016 > 2019-07-26 11:40 | Report Abuse

all the "decoration" before listing day now gone.... and now you could see the fox tails already....

Posted by Winner 2016 > 2019-07-26 11:44 | Report Abuse

i guess the fair price would around 0.17-0.18.... ( my own perception only, maybe not right...)

Posted by InvestsucessTrader > 2019-07-26 15:15 | Report Abuse

nest week wed if I'm not mistaken, there is another new listing, all will concentrate there, the volume might be lower here,

Posted by KLSE news > 2019-07-26 15:23 | Report Abuse

Indeed,