MCE HOLDINGS BERHAD

KLSE (MYR): MCEHLDG (7004)

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Last Price

1.60

Today's Change

0.00 (0.00%)

Day's Change

1.57 - 1.60

Trading Volume

32,000

Financial
Market Cap

Market Cap

198 Million

NOSH

124 Million

Latest Quarter

Latest Quarter

31-Jul-2024 [#4]

Announcement Date

25-Sep-2024

Next Quarter

31-Oct-2024

Est. Ann. Date

21-Dec-2024

Est. Ann. Due Date

30-Dec-2024

QoQ | YoY

71.20% | 40.75%

T4Q Result

Revenue | NP to SH

155,664.000 | 15,955.000

RPS | P/RPS

125.96 Cent | 1.27

EPS | P/E | EY

12.91 Cent | 12.39 | 8.07%

DPS | DY | Payout %

2.50 Cent | 1.56% | 19.36%

NAPS | P/NAPS

1.05 | 1.52

QoQ | YoY

8.12% | 3.65%

NP Margin | ROE

10.21% | 12.27%

F.Y. | Ann. Date

31-Jul-2024 | 25-Sep-2024

Latest Audited Result

Latest Audited Result

31-Jul-2023

Announcement Date

29-Nov-2023

Next Audited Result

31-Jul-2024

Est. Ann. Date

29-Nov-2024

Est. Ann. Due Date

27-Jan-2025

Annual (Unaudited)

Revenue | NP to SH

155,664.000 | 15,955.000

RPS | P/RPS

125.96 Cent | 1.27

EPS | P/E | EY

12.91 Cent | 12.39 | 8.07%

DPS | DY | Payout %

3.00 Cent | 1.87% | 23.23%

NAPS | P/NAPS

1.05 | 1.52

YoY

3.65%

NP Margin | ROE

10.21% | 12.27%

F.Y. | Ann. Date

31-Jul-2024 | 25-Sep-2024

Annualized Result

Revenue | NP to SH

155,664.000 | 15,955.000

RPS | P/RPS

125.96 Cent | 1.27

EPS | P/E | EY

12.91 Cent | 12.39 | 8.07%

DPS | DY | Payout %

-

NAPS | P/NAPS

-

QoQ | YoY

1.26% | 3.65%

NP Margin | ROE

10.21% | 12.27%

F.Y. | Ann. Date

31-Jul-2024 | 25-Sep-2024

Business Process

Trailing 4 Quarters Trailing 8 Quarters
Available Quarters 4 Quarters 8 Quarters
Continuous Quarters Of Revenue Growth 0 / 4 0.00% 0 / 8 0.00%
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 2 / 4 50.00% 3 / 8 38.00%
Continuous Quarters Of Dividend 1 / 4 25.00% 1 / 8 12.50%
Continuous Quarters Of Dividend Growth 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Adjusted Dps Growth 1 / 4 25.00% 1 / 8 12.50%
Average ROE 3.64% 3.61%
Average Net Profit Margin 10.15% 10.04%

Last 5 Financial Years Last 10 Financial Years
Available Years 5 Years 10 Years
Continuous Quarters Of Revenue Growth 5 / 5 100.00% 6 / 10 60.00%
Total Positive Profit Years 3 / 5 60.00% 4 / 10 40.00%
Continuous Quarters Of Positive Profit 3 / 5 60.00% 3 / 10 30.00%
Continuous Quarters Of Profit Growth 5 / 5 100.00% 5 / 10 50.00%
Continuous Quarters Of Adjusted EPS Growth 5 / 5 100.00% 5 / 10 50.00%
Total Dividend Years 2 / 5 40.00% 3 / 10 30.00%
Continuous Quarters Of Dividend 2 / 5 40.00% 2 / 10 20.00%
Continuous Quarters Of Dividend Growth 1 / 5 20.00% 1 / 10 10.00%
Continuous Quarters Of Adjusted Dps Growth 2 / 5 40.00% 2 / 10 20.00%
Average ROE 5.04% 1.26%
Average Net Profit Margin 3.81% 0.36%
Key Result

T4Q Annualized Annual (Unaudited) Last 10 FY Average Last 5 FY Average
Revenue 155,664 155,664 155,664 95,487 115,202
NP to SH 15,955 15,955 15,955 2,193 6,553
Dividend 3,088 3,706 3,706 777 1,420
Adjusted EPS 12.91 12.91 12.91 2.12 5.98
Adjusted DPS 2.50 3.00 3.00 0.63 1.15

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 -1.17% -2.49% 0.50% -5.06% -4.82%
NP to Owner 71.20% 40.75% 3.65% 3.74% 5.60%
Dividend 0.00% 0.00% 9.09% 140.00% 200.00%
Adjusted EPS 70.92% 40.79% 30.92% 3.73% 5.61%
Adjusted DPS 0.00% 0.00% 9.09% 140.00% 200.00%

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 0.00% 35.12% 63.02% 0.00% 35.12% 63.02% 0.50% 35.12% 63.02%
NP to Owner 0.00% 143.46% 627.28% 0.00% 143.46% 627.28% 3.65% 143.46% 627.28%
Dividend -16.67% 117.39% 297.52% 0.00% 160.87% 377.02% 9.09% 160.87% 377.02%
Adjusted EPS -20.85% 115.77% 510.34% 0.00% 172.59% 671.08% 30.92% 172.59% 671.08%
Adjusted DPS -16.67% 117.39% 297.51% 0.00% 160.87% 377.02% 9.09% 160.87% 377.02%

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
6 people like this. Showing 50 of 569 comments

SMInvest

Silicon Metal Market: Growing Demand for Electronic Devices and Solar Panels to Drive Growth
https://www.linkedin.com/pulse/silicon-metal-market-growing-demand-electronic-devices-melissa-keskar

2023-07-25 13:24

Stead

When is the EGM?

2023-12-05 16:02

roger3210

21/1/2023, Bonus share + bonus warrant coming, and probably strong QR, refer to APM QR which is another car part supplier

2023-12-06 11:32

Kongsirezekidq

Happy EGM everyone!

2023-12-20 20:23

troy88

Now only this cunning operator wanna push up like mad after a poor last QR. Was toying with bilis for many months..

2023-12-21 09:16

faruqie

all is good except no one wanna talk about mce

2023-12-21 22:22

value_seeker

Master?

2023-12-28 10:34

klee

1 for 1 bonus sure push to max,after x lagi push...

2023-12-28 12:07

value_seeker

Still can up a lot or can not buy?

2023-12-28 13:22

klee

hahaha tunggu apa...lagi tunggu lagi lebih mahal

2023-12-28 15:08

klee

small float easy to mark up.....lets go 3.5

2023-12-28 15:28

klee

lets go 3.5

2024-01-02 12:31

investor77

Adj price after bonus and warrants is 1.33. So if buy at 3.20, will end up 2 shares, 1 warrant. Warrant value is- estd 50cents, +10% premium. Correct me if wrong

2024-01-05 15:57

stncws

fake bull market.

2024-01-05 16:03

investor77

MCE supplier to P2. Bezza and Alza, waiting list more than 6 months. Good potential for its warrants as it is going to be cheap compared to Mother at estd 55 cents compared to 1.33

2024-01-05 16:51

value_seeker

investor77, how do come up witg ex price 1.33?

2024-01-05 17:15

hakubasnow

---------------------------------------------
Adjusting shares price for Bonus Issue
---------------------------------------------

(3.08 x 1 existing shares) / 2 [ 1 existing shares + 1 bonus ]

3.08/2 = 1.54

Free Warrant = 1 warrant for 2 existing shares
ex-date = 11/01/24

----------------------------------------------------
Adjusting shares price for Bonus Issue for Warrants
----------------------------------------------------

TX = Theoretical Ex-Price (RM)
P, Cum Price = Closing Price (RM) on last cum date
X = Bonus Warrant (unit)
Y = Holding of existing share (unit)
EP = Exercise Price of Warrant

TX = ( P × Y ) + ( X × EP )
_______________________
Y + X


TX = ( 1.65 × 2 ) + ( 1 × 0.80)
_______________________
2 + 1

TX = 3.30 + 0.80
____________
3

TX = 4.10/3 = 1.36

Reference price for warrant = 1.36 - 0.80 = 0.56

2024-01-08 09:30

durian1

Is the price going to fall further today below 1.69?

2024-01-08 10:14

hakubasnow

@durian1 : I don't think there will be any heavy selling, at least until the ex-date for the warrants which is on 11/01/24. If you sell now you won't be entitled to the warrants knowing that the warrants price is more than 50 sent than the exercise price (0.80)

2024-01-08 10:33

Cakes Moon

Buy!

2024-01-08 13:06

mf

target rm2.40

2024-01-08 14:45

investor77

Adj px after bonus warrant at 1.70 is 4.20/3 is 1.40. So Warrant px is estd at 1.40 -80 is 60 cents. Your original cost is 3.40 for 2 000 shares. Now it is 2 x 1.40 + 60, back to your original cost of RM3.40. But, since Co warrants has long maturity of 5 years, it normally trades at 10% premium . So on listing may touch 0.66 cents. My 2 cents opinion.

2024-01-08 16:30

investorbat

warrant is cheap,if trading at 30% premium around 0.90

2024-01-19 09:11

klee

sapu wa

2024-01-22 10:04

Lpkoh

LU today?

2024-01-22 11:27

Huat 888

RM1.88 otw

2024-01-23 21:07

wallstreetrookieNEW

EEV the next growth engine: One of NAP 2020’s objectives was to develop an NxGV tech ecosystem to make Malaysia a regional hub for the production of such vehicles. In this regards, the fast-growing EV segment is gaining its popularity due to various government incentives and more affordable prices. MCE is tapping into the EV space – it holds a Manufacture License and World Manufacturer Identifier (WMI) code to assemble e- motorcycles locally. It has also won a contract to produce the low frequency (LF) antennas for electric motorcycles’ smart key systems in Indonesia.

2024-01-24 11:18

klee

Tambah kaw2 wa

2024-01-24 12:10

klee

mom at 1.53 n wa at 91 sen means this stock has made a new high...more to come

2024-01-24 12:34

investorbat

mom at 1.52,at 30% premium wa should trade at 1.10,wa trying to catch up the premium

2024-01-24 14:54

klee

sailang wa

2024-01-26 10:41

klee

huat ah

2024-01-31 09:21

troy88

Still bullish. WA should challenge ATH again soon..

2024-02-05 10:46

klee

Good,here still quiet unlike kopitiam.Lol.

2024-02-08 14:05

mf

target 2.18

2024-02-08 16:18

khatulistiwa8

came here to check out the forum.. discussion seems to have died off. share price also has lost some steam recently.. though still very good from where it started off not too long ago. today got some good news on the sectors.. which shld benefit MCE.
1) Proton records sales of 11,025 units in April, higher by 17.1% y-o-y
https://theedgemalaysia.com/node/710413
2) Perodua eyes 79% jump in exports this year as it introduces more models in Brunei
https://theedgemalaysia.com/node/710504
so ... there's still leg to the rally? building base now? i guess only time will tell.

2024-05-06 23:09

kritikos

read the news! Creador aka Brahmal is now a substantial shareholder in MCE.. hosei liao. he must know sth good in the company's future. i just hope there are more news and coverage on the stock so ikan bilis like us can have better information.

2024-05-09 22:56

icecube

how things have turned... i still remember some some 2+years back, MCE was trading at 6-8x PE while Betamek was at 13-15x. Beta was in favour then. Fast forward, today, Beta is out of favour due to political reasons.. now trading at single digit PE, while it's MCE turn to fly high.. trading at teens PE.. and brahmal is now a substantial shareholder. Goes to show every dog has its day.

2024-05-11 16:41

eugenewong794

Which is why I avoid politically linked stocks or companies that rely on gov contracts to be profitable, even if it's flying or great business, cos 1 bad announcement and the share will dump

2024-05-11 22:15

cashflowman

Poor coming Q3 results ?

2024-06-25 11:57

eugenewong794

Okay QR. not bad not great either, if purely look at profits (which is what most retailers do) its dissapointing, but if u dig deeper, the 9MFY24 ocf is ady 30m vs fy2023 ocf 20m, fcf also 9mfy24 7.4m vs fy23 5.2m. Remember creador wouldnt have invested in the counter if it wasnt good

2024-06-28 21:28

cashflowman

Hopefully with Dr Lee appointment cross border business will expand faster.

2024-06-30 15:46

SMInvest

hold tight

2024-07-01 00:20

zzprozaz

Post removed.Why?

2024-07-10 08:40

SMInvest

MCE Holdings bags RM19.6 mil contract to supply parts for Perodua’s first EV


19 Jul 2024, 07:28 pm


KUALA LUMPUR: Automotive parts manufacturer MCE Holdings Bhd (KL:MCEHLDG) said it has clinched a RM19.6 million contract to supply electronic and mechatronic components for Perusahaan Otomobil Kedua Sdn Bhd's (Perodua) first electric vehicle (EV).

The components include multimedia display unit, instrument panel cluster, advanced driver assistance system, functional switches and interior lightings, said MCE in a bourse filing.

The three-year contract, it said, will commence in the second quarter of the group’s next financial year ending July 31, 2026.

The project is expected to contribute positively to the earnings of the MCE Group over a 36-month period commencing from the financial year ending July 31, 2026, whilst the estimated total investment cost is RM12.78 million.

“MCE is proud to support Perodua in this significant milestone of launching a national EV, and we are grateful to Perodua for their trust and confidence in us,” said MCE group managing director Dr Goh Kar Chun in a statement.

“This achievement is a testament that we can penetrate the EV market, which holds immense potential, and we are optimistic about further opportunities ahead. Moving forward, we will continue to scale the value chain to deliver higher value and technologically sophisticated products to our clients,” he said.

MCE is an original equipment manufacturer specialising in the full spectrum of design, manufacture and supply of automotive electronics and mechatronic parts for the Malaysian and regional markets, with plants in Johor Bahru and Port Klang.

2024-07-20 11:33

Lee Ying Yee

all pp kill the mother share ??

1 week ago

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