BM GREENTECH BERHAD

KLSE (MYR): BMGREEN (0168)

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Last Price

1.89

Today's Change

+0.01 (0.53%)

Day's Change

1.88 - 1.92

Trading Volume

373,700

Financial
Market Cap

Market Cap

1,300 Million

NOSH

688 Million

Latest Quarter

Latest Quarter

30-Sep-2024 [#2]

Announcement Date

22-Nov-2024

Next Quarter

31-Dec-2024

Est. Ann. Date

26-Feb-2025

Est. Ann. Due Date

01-Mar-2025

QoQ | YoY

62.18% | 55.14%

T4Q Result

Revenue | NP to SH

450,333.000 | 38,659.000

RPS | P/RPS

65.47 Cent | 2.89

EPS | P/E | EY

5.62 Cent | 33.63 | 2.97%

DPS | DY | Payout %

1.69 Cent | 0.89% | 30.03%

NAPS | P/NAPS

0.39 | 4.84

QoQ | YoY

13.58% | 62.23%

NP Margin | ROE

9.00% | 14.40%

F.Y. | Ann. Date

30-Sep-2024 | 22-Nov-2024

Latest Audited Result

Latest Audited Result

31-Mar-2024

Announcement Date

30-Jul-2024

Next Audited Result

31-Mar-2025

Est. Ann. Date

30-Jul-2025

Est. Ann. Due Date

27-Sep-2025

Annual (Unaudited)

Revenue | NP to SH

440,303.000 | 33,637.000

RPS | P/RPS

64.02 Cent | 2.95

EPS | P/E | EY

4.89 Cent | 38.65 | 2.59%

DPS | DY | Payout %

1.69 Cent | 0.89% | 34.52%

NAPS | P/NAPS

0.38 | 4.94

YoY

138.88%

NP Margin | ROE

8.07% | 12.78%

F.Y. | Ann. Date

31-Mar-2024 | 28-May-2024

Annualized Result

Revenue | NP to SH

458,638.000 | 42,054.000

RPS | P/RPS

66.68 Cent | 2.83

EPS | P/E | EY

6.11 Cent | 30.91 | 3.24%

DPS | DY | Payout %

-

NAPS | P/NAPS

-

QoQ | YoY

31.09% | 31.38%

NP Margin | ROE

9.40% | 15.69%

F.Y. | Ann. Date

30-Sep-2024 | 22-Nov-2024

Business Process

Trailing 4 Quarters Trailing 8 Quarters
Available Quarters 4 Quarters 8 Quarters
Continuous Quarters Of Revenue Growth 1 / 4 25.00% 1 / 8 12.50%
Total Positive Profit Years 4 / 4 100.00% 8 / 8 100.00%
Continuous Quarters Of Positive Profit 4 / 4 100.00% 8 / 8 100.00%
Continuous Quarters Of Profit Growth 1 / 4 25.00% 1 / 8 12.50%
Continuous Quarters Of Adjusted EPS Growth 1 / 4 25.00% 1 / 8 12.50%
Total Dividend Years 1 / 4 25.00% 2 / 8 25.00%
Continuous Quarters Of Dividend 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Dividend Growth 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Adjusted Dps Growth 0 / 4 0.00% 0 / 8 0.00%
Average ROE 3.67% 3.07%
Average Net Profit Margin 8.87% 7.41%

Last 5 Financial Years Last 10 Financial Years
Available Years 5 Years 10 Years
Continuous Quarters Of Revenue Growth 4 / 5 80.00% 4 / 10 40.00%
Total Positive Profit Years 5 / 5 100.00% 10 / 10 100.00%
Continuous Quarters Of Positive Profit 5 / 5 100.00% 10 / 10 100.00%
Continuous Quarters Of Profit Growth 1 / 5 20.00% 1 / 10 10.00%
Continuous Quarters Of Adjusted EPS Growth 1 / 5 20.00% 1 / 10 10.00%
Total Dividend Years 5 / 5 100.00% 9 / 10 90.00%
Continuous Quarters Of Dividend 5 / 5 100.00% 9 / 10 90.00%
Continuous Quarters Of Dividend Growth 1 / 5 20.00% 1 / 10 10.00%
Continuous Quarters Of Adjusted Dps Growth 1 / 5 20.00% 1 / 10 10.00%
Average ROE 9.35% 13.35%
Average Net Profit Margin 7.92% 9.72%
Key Result

T4Q Annualized Annual (Unaudited) Last 10 FY Average Last 5 FY Average
Revenue 450,333 458,638 440,303 283,911 320,644
NP to SH 38,659 42,054 33,637 25,053 22,081
Dividend 11,610 0 11,610 8,256 9,546
Adjusted EPS 5.62 6.11 4.89 3.64 3.21
Adjusted DPS 1.69 0.00 1.69 1.20 1.39

NP to SH = Net Profit Attributable to Shareholder, EPS = Earning Per Share, DPS = Dividend Per Share

All figures in '000 unless specified.

EPS & DPS's figures in Cent.

Growth

LQ QoQ LQ YoY CQ YoY LQ vs Average of T4Q LQ vs Average of T8Q
Revenue 48.77% 15.79% 4.57% 21.81% 26.07%
NP to Owner 62.18% 55.14% 31.38% 34.58% 66.52%
Dividend 0.00% 0.00% 0.00% 0.00% 0.00%
Adjusted EPS 62.18% 55.14% 31.38% 34.58% 66.52%
Adjusted DPS 0.00% 0.00% 0.00% 0.00% 0.00%

LQ = Latest Quarter, CQ = Cumulative Quarter, T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, QoQ = Quarter on Quarter, YoY = Year on Year

T4Q vs LFY T4Q vs AL5FY T4Q vs AL10FY AQR vs LFY AQR vs AL5FY AQR vs AL10FY LFY YoY LFY vs AL5FY LFY vs AL10FY
Revenue 2.28% 40.45% 58.62% 4.16% 43.04% 61.54% 16.58% 37.32% 55.08%
NP to Owner 14.93% 75.07% 54.31% 25.02% 90.45% 67.86% 138.88% 52.33% 34.26%
Dividend 0.00% 21.62% 40.63% 0.00% 0.00% 0.00% 28.57% 21.62% 40.63%
Adjusted EPS 14.93% 75.07% 54.31% 25.02% 90.45% 67.86% 138.88% 52.33% 34.26%
Adjusted DPS 0.00% 21.62% 40.62% 0.00% 0.00% 0.00% 28.57% 21.62% 40.62%

T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, AL5FY = Average of Last 5 Financial Years, AL10FY = Average of Last 10 Financial Years, LFY = Latest Financial Year AQR = Annualized Quarter Result, YoY = Year on Year

Discussions
5 people like this. Showing 50 of 656 comments

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

Security LastPr PE DY% Divcts ROE ttm-marg
BOILERM (Industrial Materials) 0.705 35.25 2.5 1.75 4.44 3

2023-03-30 17:23

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

In the medium and long term, the Group's strategy is well aligned with the government's renewable energy initiatives and global energy transition. The Group is well positioned to capture growth opportunities in Environment, Social and Governance (“ESG”) space. The Board is confident in delivering satisfactory growth and improved profitability for the financial year barring any external factors not within the control of the Company.

2023-08-25 07:40

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

3 segments: Bio-Energy, Water Treatment and Solar Energy.

Over the last 6 years (2017 to 2023), its revenue CAGR was 14.2% and its earnings CAGR was 8.3%.

2023-08-25 07:43

EngineeringProfit

Very huat one - this counter

2023-09-05 10:18

EngineeringProfit

he,,,,,,,,,,,,he,,,,,,,,,,,,,,,,,,lai liao

2024-04-19 15:09

EngineeringProfit

NIcely completed my collection this morning. Huat ar

2024-04-19 15:26

EngineeringProfit

HUUUUAAAAT aaaarrrrr

2024-04-19 16:53

EngineeringProfit

Hello, anybody home???

2024-04-23 18:05

Husaini Ahnal

Good buying pressure.

2024-04-23 18:35

EngineeringProfit

HUUUUAAAAT aaaarrrrr

2024-05-03 18:54

wallstreetrookieNEW

Any good news here?

2024-05-05 16:38

EngineeringProfit

Shhh.....nobody here....hehe

2024-05-05 21:40

Insidefluential

Who said nobody here.. I'm here hehe

2024-05-05 22:22

Patient Investor

Patiently waiting for Indonesia plant to operate in full scale fabrication.

2024-05-30 19:55

Willtolive

marvellous

2024-06-05 14:51

Bryan123

why keep going up non stop...any great news

2024-06-06 17:25

Willtolive

Additionally, the POCE segment's focus on clean energy initiatives via
BMGREEN will drive growth.

2024-06-06 18:27

EngineeringProfit

Too huat to think...

2024-06-06 18:40

Patient Investor

They company can bring full scale solution to indonesia :) which is a market many x bigger than Msia.

2024-06-06 20:11

CT

Huat huat

2024-06-06 20:13

Willtolive

up up up

2024-06-07 18:36

Patient Investor

The latest quarter generate free cash flow of 25million, if annualise towards 75million. and market gives the company 20x valuation, company marketcap would trade around 1.5billion with share price around RM2.60 level.

2024-06-11 14:18

G-boy

agree.. 2.5 is also my target price

2024-06-18 13:40

Willtolive

up up up

2024-06-18 15:03

Willtolive

patient investor, how did you calculate the free cash flow?

2024-06-18 15:20

Patient Investor

Operating cash flow - capex

2024-06-18 19:12

Patient Investor

https://www.tatlerasia.com/people/ko-chuan-zhen

The company BM Green plans to acquire has a very solid portfolio in installation. which means they are moving into large scale projects.

2024-06-19 09:11

Patient Investor

From this article, its not just about Solar, but IOT powered Solar
https://www.nst.com.my/lifestyle/bots/2020/09/622839/tech-digitising-energy-usage

2024-06-19 09:27

Patient Investor

Will they bid for contracts from datacenter and warehousing to install AIOT solar system for them.

2024-06-19 09:30

G-boy

no idea... i just follow big boss step dr.chia..
maybe N year after, it become another giant blue chip

2024-06-19 18:21

G-boy

chart still in healthy pattern..looking forward to 2.5 above

2024-07-03 14:28

troy88

Rebound looking strong..

2024-07-03 16:45

G-boy

wow diamond hands is appear here...
i will wait 5x in this stock

2024-07-10 13:59

troy88

Uptrend intact. Should surpass RM2 to greater heights

2024-07-12 09:07

G-boy

diamond hands..go to rm3

2024-07-12 23:54

Patient Investor

4 years (personal) projection:
acquired solar company can deliver 11mil net profit a year
add in issuance to QL which result around 30mil net profit a year
BMGreen existing business generate EBIIT 60mil a year (Annualised based on latest qtr)
Total EBITDA ~ 101million
divide by ~688million shares issue
multiply PE 20

TP ~RM3


2024-07-13 16:08

troy88

Congrats, surpassed RM2. More to come..

2024-07-17 10:14

G-boy

another half year...will get rm3

2024-07-17 19:53

Goldberg

BM Greentech.

Proposes one-for-four bonus issue of warrants. BM Greentech has proposed to undertake a bonus issue of up to 172m warrants on the basis of one warrant for every four existing BMG shares held by entitled shareholders. The company will undertake the exercise once it completes the proposed acquisition of the entire stake, or 66.6m shares, in solar firm Plus XNergy Holding SB (PXH) as well as a special issuance to QL Resources, which holds a 52.57% stake in BGM. (The Edge)

2024-07-18 11:38

Goldberg

This acquisition of PXH is set to boost BMG's growth and earnings potential.

BM Greentech has signed a term sheet with the shareholders of solar firm Plus Xnergy Holding Sdn Bhd (PXH) to acquire the company for RM110 million, to be paid with new shares in BMG.

The vendors of PXH group have provided an accumulated profit guarantee of not less than RM44.0 million during and for the entire period of four years.

The purchase consideration will be paid through issuance of 81.48 million new shares in BMG at RM1.35 per share.

BMG plans to issue new BMG shares at RM1.35 a piece to its direct holding company, QL Green Resources Sdn Bhd, a subsidiary of QL Resources Bhd with the aim to maintain QL's shareholdings in BMG above 50 per cent of the equity interest in BMG.

"The term sheet demonstrates BMG's long-term commitment to its vision to be the regional partner of choice for innovative and cost-effective green energy and water solutions which achieve lasting sustainability. "As the regional leader in biomass energy solutions provider and an emerging rooftop solar photovoltaic company, the proposed acquisition will strengthen BMG's position as the leader in diversified clean energy solutions provider in the region," the company said.

The board also expects that the proposed acquisition will foster a synergistic partnership between BMG and Plus Xnergy and is envisaged to drive mutual growth of both groups of companies moving forward.

BMG will also inject additional equity funding of up to RM50 million to fund the PXH Group's business growth and expansion.

2024-07-18 13:39

troy88

On next wave of bull run after breakout!

2024-07-19 15:29

Goldberg

BM Green is a super stock - packed with super fundamentals, super growth and highly underrated. Management is excellent-guided by Blue Chip QL - their holding company.

2024-07-19 16:19

Willtolive

TP 2.50

2024-07-21 10:22

G-boy

at least rm3 is achievable in this year...
main business + solar business theme

2024-07-22 23:15

troy88

Disappointing result. Luckily took profit earlier.

2 months ago

Willtolive

I played this stock in 2021, bought 147 got trapped when dropped at 70, but recovered, sold 206 last month and it went up to 215.

2 months ago

BursaVulture

88million new shares issued at Rm1.35... hmmm.... will drop to rm1.40?

3 weeks ago

SMInvest

Silicon Metal: The Backbone of Modern Technology and Sustainability
Chemical And Material | 28th October 2024

Silicon Metal: The Backbone of Modern Technology and Sustainability
Introduction: Top Silicon Metal Trends

Silicon metal, a critical industrial material, serves as a fundamental building block in a variety of applications, ranging from electronics to solar energy. Comprising more than 25% of the Earth’s crust, silicon is a versatile element that, when refined, becomes a key player in the production of semiconductors, alloys, and renewable energy technologies. With the growing demand for electronic devices and the shift towards sustainable energy sources, the Silicon Metal Market is witnessing significant transformations. We examine the most recent developments that are influencing the sector and spurring innovation here.

1. Surge in Demand for Renewable Energy Solutions

The global push for renewable energy sources has significantly boosted the demand for silicon metal, particularly in solar photovoltaic (PV) cells. Silicon is the primary material used in solar panels, and with governments and corporations investing heavily in clean energy initiatives, the market for silicon metal is set to expand. This trend is reinforced by the increasing adoption of solar energy to combat climate change and reduce carbon footprints.

2. Advancements in Semiconductor Technologies

The semiconductor industry relies on silicon metal and is growing rapidly due to the growth of artificial intelligence (AI), the Internet of Things (IoT), and 5G technology. Innovations in semiconductor design and manufacturing processes are driving the demand for high-quality silicon wafers. As electronic devices become more powerful and compact, the need for advanced silicon materials that can withstand higher temperatures and offer improved performance is paramount.

3. Rise of Sustainable Production Practices

As sustainability becomes a core focus for industries worldwide, the silicon metal sector is not lagging. Manufacturers are increasingly adopting eco-friendly practices in the extraction and production of silicon. This includes using renewable energy sources in smelting processes and developing methods to recycle silicon from end-of-life products. The goal is to reduce the carbon footprint associated with silicon production and align with global sustainability targets.

4. Growing Applications in Electric Vehicles (EVs)

The rise of electric vehicles is creating a new market for silicon metal. As EV manufacturers seek to improve battery efficiency and performance, silicon is emerging as a key material in battery technology. In contrast to conventional graphite anodes, silicon-based anodes are renowned for having a high energy density and capacity. This trend is leading to increased collaboration between silicon metal producers and battery manufacturers to develop innovative solutions that enhance the performance of EV batteries.

5. Expanding Use in Construction and Infrastructure

Silicon metal is becoming increasingly important in construction, enhancing the properties of materials like concrete and steel. Silica fume, a byproduct of silicon metal, boosts concrete's durability and strength, making it ideal for infrastructure projects. With rising urbanization and demand for sustainable materials, silicon metal's role in creating resilient, energy-efficient structures is set to grow.

Conclusion

Silicon metal stands at the forefront of several key trends that are shaping the future of technology, energy, and sustainability. From its vital role in renewable energy solutions and semiconductor technologies to its expanding applications in electric vehicles and construction, silicon metal is proving to be an essential material for modern society. As industries adapt to the demands of a changing world, the silicon metal market will continue to evolve, driving innovations that promote efficiency, sustainability, and performance. With the increasing focus on green practices and advanced technologies, the future of silicon metal looks promising, positioning it as a critical resource for the advancements of tomorrow.

3 weeks ago

MiaoMiao7

free warrant, no wonder price stays so strong for so long... insider buying and ready to sell if it spikes. years of investing... i know after ex-date, price will drop as many will take the opportunity to sell.

10 hours ago

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