KLSE (MYR): PENTA (7160)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
3.44
Today's Change
-0.06 (1.71%)
Day's Change
3.43 - 3.51
Trading Volume
1,459,900
Market Cap
2,450 Million
NOSH
711 Million
Avg Volume (4 weeks)
1,576,826
4 Weeks Range
3.43 - 4.14
4 Weeks Price Volatility (%)
52 Weeks Range
3.35 - 5.35
52 Weeks Price Volatility (%)
Previous Close
3.50
Open
3.50
Bid
3.44 x 19,100
Ask
3.45 x 5,000
Day's Range
3.43 - 3.51
Trading Volume
1,459,900
Latest Quarter | Ann. Date
30-Sep-2024 [#3] | 07-Nov-2024
Next QR | Est. Ann. Date
31-Dec-2024 | 22-Feb-2025
T4Q P/E | EY
34.10 | 2.93%
T4Q DY | Payout %
0.00% | 0.00%
T4Q NAPS | P/NAPS
1.04 | 3.32
T4Q NP Margin | ROE
17.54% | 9.73%
2024-11-26
2024-11-25
Sector: TECHNOLOGY
Sector: TECHNOLOGY
Subsector: TECHNOLOGY EQUIPMENT
Subsector: TECHNOLOGY EQUIPMENT
Description:
Pentamaster Corp Bhd is a Malaysia-based company engaged in the investment holding and provision of management services. It works in three business segments. The Automated equipment segment is engaged in designing, development, and manufacturing of standard and non-standard automated equipment. Its Automated manufacturing solution segment is involved in the construction and installation of integrated automated manufacturing solutions. The Smart control solution system segment provides project management and smart building solutions. It operates geographically across countries like Malaysia, China, Japan, Singapore, Republic of Ireland and the United States of America.
China’s Exports Surge More Than Expected in Economic Boost
Exports climbed 7.6% last month, beating economist forecasts
Slow growth in imports points to weak domestic demand
https://www.bloomberg.com/news/articles/2024-06-07/china-s-may-exports-surge-7-6-in-boost-for-economy
2024-06-07 21:30
Initiate coverage with BUY and a TP of MYR6.16, 25% upside with 0.4% FY24F yield. Our TP is pegged to 33x FY25F P/E (at +0.5SD from the 5-year mean) and includes a 2% premium, based on its ESG score of 3.1. We are optimistic about Pentamaster Corp's near-term earnings potential, driven by heightened demand in the factory automation solutions (FAS) segment and the recovery in the semiconductor space in the early upcycle, which should boost its automated test equipment (ATE) unit.
From RHB
2024-06-28 09:03
According to its financial guidance announced on July 5th, the semiconductor giant projects its operating profit to grow more than 15-fold YoY to 10.4 trillion won (USD 7.5 billion) in its preliminary results for the April-June quarter, outstripping market expectations.
2024-07-05 22:37
Intel and LG bypass Vietnam for billion-dollar projects: Analyzing the reasons
Foreign corporations such as Samsung, Intel, and LG have surveyed Vietnam for potential investment but ultimately decided to invest their billion-dollar projects in other countries.
Notable cases include LG Chemical, which proposed a battery production project requesting 30% cost support from Vietnam but later moved to Indonesia. Intel proposed a $3.3 billion chip production project, asking for 15% cash support, but ultimately chose Poland. Austrian semiconductor company AT&S also surveyed Vietnam but decided on Malaysia due to unmet support requirements and a lack of available high-tech labor.
https://vietnamnet.vn/en/intel-and-lg-bypass-vietnam-for-billion-dollar-projects-analyzing-the-reasons-2298787.html
2024-07-06 09:28
Chinese, Indian Stocks Favored Over Japan in Asia’s Second Half
Survey shows an investor preference for the region’s EM giants
Strategists see Asian equities outperforming US to year-end
Equities in China and India are being touted as potential outperformers in Asia in the second half of the year as investors flock to emerging-market themes.
About a third of 19 Asia-based strategists and fund managers surveyed informally by Bloomberg News said they see Chinese stocks outstripping most over the next six months. A similar number picked India as their top bet while Japan was a distant third.
https://www.bloomberg.com/news/articles/2024-07-06/chinese-indian-stocks-favored-over-japan-in-asia-s-second-half?embedded-checkout=true
2024-07-07 22:17
Markets in Focus: Currency Risk Higher for Global Equity Investors
https://www.msci.com/www/blog-posts/markets-in-focus-currency-risk/04783398091
2024-07-10 11:38
Singapore Stocks Head for Six-Year High on Earnings Potential
Major bank stocks have risen to record highs in recent weeks
Second quarter earnings season to begin at the end of July
https://www.bloomberg.com/news/articles/2024-07-10/singapore-stock-benchmark-heads-for-2018-high-on-earnings-hopes
2024-07-10 11:38
Short term pain, long term gain.
Penta has two listed entities, one in bursa and another one in HKEX.
HKEX Penta is dirt cheap, while Penta Bursa is dipping non stop.
Based on my experience, usually stock price will correct itself to a reasonable level before the QR release. For companies like Penta, I am not surprised if the market makers already know what's the Q2 FY2024 revenue/profit before the official release. My instinct tells me that the upcoming QR release is not as good as the market anticipates. This can be attributed by global automotive weakness amidst of oversupply of EV especially in China. However, we all know that the upcoming 720k sqr feet campus located at Batu Kawan is the next big thing for Pentamaster. They already mentioned since year 2020 that their new campus is to cater for medical division.
We can find a few companies that are operating in the same sector as Pentamaster for comparison. For their automotive SiC burn in test solution, AEHR test system is the best peer to peer comparison that we can find. For those who doesn't know what burn in does, it essentially is an extreme process to test how durable is the silicon (chip). The equipment will drive high voltage & current or increase the temperature to an extreme level to test whether the chip can sustain. It is a very important process for automotive chips since they must be very reliable to avoid accident occurs due to semiconductor malfunction.
2024-07-28 14:01
Besides that, Pentamaster also have a broad range of test solutions for semiconductor/electro-optical division. However, their focus is no longer on providing solutions for consumer electronics but rather automotive, industrial and medical which is very strategic since the semiconductor industry growth is driven by these three sectors. As an investor, I like consumer electronic companies when the economy is good, because many consumers like us have the spare cash to purchase great electronic products.
For their medical division, they are providing automated assembly solutions to medical devices companies. I have no access to who's their customers but I believe companies like Boston Scientific, B braun, Abbott and smith & nephew that have manufacturing facilities in Malaysia is one of Penta customers. Hence, it's essential to see what's their performance to gauge how much capex that they are allocating to purchase equipment for better manufacturing efficiency. I believe since they are doing pretty well, hence Penta will also do very well. Keep in mind that this is a recession proof industry.
Besides that, Pentamaster MediQ is also making effort to produce one time use product that can be used in the medical industry. I don't anticipate an astronomical growth since it is still a startup company, but I hope that they can contribute some to the top and bottom line in the future. I believe we can refer to how the market values Umedic to gauge how lucrative is this industry in Malaysia.
2024-07-28 14:15
As an investor, if we focus too much on calculation, we will lose out a bunch of opportunities. Their performance might be bad in the upcoming quarters (it can be 1 - 2 quarters before the growth restarts), but it is worth to invest in this company. I truly believe that in order to outperform the index, retail investor like us have to bet heavily on the best idea that we have.
This is not a buy/sell call post, please consult your legal financial advisor for investment decision.
2024-07-28 14:20
https://theedgemalaysia.com/node/721328
Pentamaster's 2Q profit drops 16% as sales volume dips in automated test equipment business
Home
Pentamaster's 2Q profit drops 16% as sales volume dips in automated test equipment business
Tech
Pentamaster's 2Q profit drops 16% as sales volume dips in automated test equipment business
By Syafiqah Salim / theedgemalaysia.com
01 Aug 2024, 07:30 pm
main news image
KUALA LUMPUR (Aug 1): Pentamaster Corp Bhd’s (KL:PENTA) second-quarter net profit fell 15.87%, as its biggest revenue contributor — the automated test equipment (ATE) segment — recorded lower sales volume, higher employee expenses, provisions for slow-moving inventories, and research and development expenditure for certain projects.
The group's net profit for the quarter ended June 30, 2024 (2QFY2024) dropped to RM19.9 million from RM23.65 million in 2QFY2023, while revenue dipped 3.11% to RM171.37 million from RM176.88 million.
2024-08-02 14:01
Their medical assembly solution saved their a** again. Penta is the only listed one in Malaysia that makes assembly equipment for medical industry at this scale. I believe if there's a recession in the US, the contraction of medical industry is inevitable, although this industry is well known as an industry that is recession proof. They will reduce the capex to survive through the storm as well, hence it is not looking good for Penta in the short term. However, Penta is very aggressive when comes to seize new opportunities, for example medical, renewable energy and more. Their diversification strategy is the correct strategy to mitigate downturn of one of their core competency. I will continue to invest in Penta (not MY but HK) due to the cheap valuation there.
2024-08-04 09:53
Semiconductor ETFs, including SOXX and XSD, surged by 4.8 per cent and 5.4 per cent respectively. Industry leader Nvidia surged 4 per cent, whilst Broadcom and Monolithic Power Systems grew 5.4 per cent and 6.7 per cent respectively.
2024-08-16 08:40
China's semiconductor companies report stellar operational gains despite US crackdown
https://www.globaltimes.cn/page/202408/1318422.shtml
2024-08-21 18:04
With US fed is cutting interest rate, I bet technology stock PE ratio will be unleashed!!!
2024-08-25 10:32
2/H 2024 will be flat.. not much innovative products n poor div yield .. future is bleak ?
2 months ago
IDF eliminates commander of Hezbollah's missile unit, may have eliminated also IRGC commander
Story by JERUSALEM POST STAFF • 21h • 1 min read
2 months ago
Top mgt should focus on the core business.. the Bayana food court nothing to attract n never think back of going back to eat there ..
1 month ago
Based on today closing, I got a feeling results not good. People sell before announcement.
3 weeks ago
Money coming in is stronger than money coming out
The QR might be bad, but the most important thing that I'm looking for is the aspect of this business. No point looking at the business performance that was a quarter ago.
3 weeks ago
https://www.nytimes.com/2024/10/31/technology/intel-earnings-loss.html
Not sure this news affect local technical stocks as most company support INTEL.
3 weeks ago
My guess is intel will only start to purchase equipment when there is a demand. The newly built factories are not going to be in operations any soon. This is a rumour that's widely known in the industry. By the way, penta has more to deal with automotive (China EV players) , medical device (abbot, Boston scientific...) and electro optical (iPhone). Intel pg15 is right beside their Bayan Lepas HQ, but nothing much to do with their core business.
3 weeks ago
This is an old news bruh, and the impact has already shown in all the penang semicon companies stock prices, especially UWC. Yes, penta automotive division is definitely "slowing down" but the orders are not cancelled. When their medical division finally takes off, we can expect easily 30-40% price appreciation. It's a medium risk, medium reward stock at this moment.
3 weeks ago
The Group closed its 3Q2024 with a profit before taxation of RM21.4 million (3Q2023: RM37.5 million), representing a decrease of approximately 43.0% from the same period last year, mainly impacted by the lower ATE sales volume and the significant depreciation of the U.S. dollar against the Ringgit which has led to an unfavourable foreign exchange loss. However, the bulk of this foreign exchange loss remained unrealised as the foreign currencies have not been converted into Ringgit.
Their sales are in usd?
2 weeks ago
RHB noted that Pentamaster’s 3QFY2024 pre-tax profit margin improved sequentially to 9.7% versus 6% in 2QFY2024, thanks to higher-margin projects.
“This offset the weaker factory automation solutions margin, which dropped 5.1 percentage points to 28.2%, due to higher material cost,” it added.
Nevertheless, RHB retained its 'buy' call on Pentamaster and unchanged TP of RM5.95, pending Pentamaster’s analysts briefing later on Friday.
The house anticipated Pentamaster to deliver annual earnings of RM95 million for FY2024 and RM126 million in FY2025 as at press time.
2 weeks ago
BlackRock Plows $2 Billion Into Momentum Stocks After Election
MTUM posts record inflow while $1 billion exits from IUSB
BlackRock’s model team positions for post-vote relief rally
https://www.bloomberg.com/news/articles/2024-11-11/blackrock-blk-plows-2-billion-into-momentum-stocks-mtum-after-election?embedded-checkout=true
2 weeks ago
MULTIEVER
🤣🤣🤣
2024-05-21 18:16