The Plastic Injections Mould Fabrication Company in Malaysia
SANICHI TECHNOLOGY BERHAD
(SANICHI - Stock Code 0133,
ACE MARKET, Industrial Products & Services)
SANICHI is currently trading at the support of 0.075 in a tight range of 0.075 to 0.105 lately on significantly high volume. Immediate resistance at 0.095 & 0.105.
52-week range : 0.035 – 0.125
SANICHI-WE ( COMPANY WARRANT)
EXERCISE VALUE : 0.10
EXERCISE RATIO : 1:1
MATURITY : 13 DEC 2021
SANICHI-WE should be a cheaper option since once Sanichi price hit the exercise value threshold of 0.10; then Sanichi-WE should give a better percentage return.
CONCLUSION:
I AM LOOKING AT THE REALITY OF THE M.O.U BETWEEN SANICHI, PNEPCB &AT SYSTEMIZATION BHD TEAMING UP WITH ARZON SOLAR LLC , A USA COMPANYTO PRODUCE MEDICAL-GRADE MECHANICAL AIR VENTILATORS TO TAKE ADVANTAGE OF THE WORLWIDE SHORTAGE OF THE PRODUCT.
Sanichi, PNE, AT Systematization sign MoU with US-based firm to produce ventilators
https://www.klsescreener.com/v2/news/view/678445
ALSO THE INKING OF THE DEAL WITH PDZ TO JOINTLY DEVELOP E-COMMERCE LOGISTIC HUB IN JOHOR
PDZ, Sanichi to jointly develop e-commerce logistics hub in Johor
https://www.klsescreener.com/v2/news/view/703859
I ALWAYS BELIEVE IN PUTTING MY INVESTMENT NOT FULLY BASED ON HISTORICAL VALUES OF A COMPANY BUT MORE ON THE FUTURE GROWTH PROSPECTS UNFOLDING.
IN THE EVENT, THE ABOVE TWO MAJOR DEALS ARE IN PLACE, I ANTICIPATE THE VALUE OF SANICHI WILL BE IN QUANTUM LEAP.
BASIC INFORMATION ABOUT SANICHI
Sanichi Technology Berhad (661826-K) having subsidiary of Sanichi Precision Mould Sdn Bhd, Asia Pinnacle Sdn Bhd and Sanichi Mould (Thai) Co. Ltd are the prominent manufacturer of precision plastic injection mould.
Our Machineries are able to manufacture Mold and Equipments for the Medical Industries demand. Especially with the capability to fabricate Hand Gloves Dipper Core Mold, we are able to contribute to the current worldwide supply shortages of needs for Hand Gloves with the below features;
- Thermal shock resistance
- Resistance against corrosive media / harmful substances
- Low thermal expansion coefficient
RELATED NEWS :-
Malaysian companies join forces with US firm to produce ventilators
Author: savemalaysia | Publish date: Mon, 18 May 2020, 7:29 PM
KUALA LUMPUR: Sanichi Technology Bhd, AT Systematization Bhd and PNE PCB Bhd (PNEPCB) have teamed up with a US company to produce ventilators.
The companies hope to meet global demand of such product, which is expected to increase by RM8.56 billion over the next seven years.
The companies today entered into a Memorandum of Understanding (MoU) with Arzon Solar, LLC (ARZ) to form a joint venture company (JVCo) to design, research and produce of medical grade mechanical air ventilators for local and overseas healthcare markets.
The MoU was signed by Sanichi managing director Datuk Seri Pang Chow Huat, while ATS and PNEPCB were represented by managing director Choong Lee Aun and executive director Kua Khai Loon respectively.
ARZ was represented by its chief executive officer VahanGarboushian.
NST June 2 - Sanichi, they said, was better known as a leading local manufacturer of moulds for European automotive industries.
But many did not know that Sanichi has the technology plus the facilities and capacity to produce rubber glove moulds.
"Many rubber glove manufacturers from Thailand, Indonesia and Malaysia are trying to crank up production capacity to fight the Covid-19 pandemic and this lead to a surge in demand for glove moulds," an observer said.
Large demand for moulds also came from replacement of damaged moulds due to wear and tear, he added.
Sanichi stands to benefit from the huge demand for the lucrative rubber glove moulds.
Its share price has more than doubled from 4.5 sen on March 18 this year to 11.5 sen on June 1.
Sanichi is deemed a "laggard", indicating more room for further upside when compared to its net assets per share of 22 sen as at December 31 last year.
Medical Section
Sanichi Technology Berhad is able to manufacture Hand Dippers Core Mold for Industrial, Household and Surgical / Medical Use.
Our Machineries are able to manufacture Mold and Equipments for the Medical Industries demand. Especially with the capability to fabricate Hand Gloves Dipper Core Mold, we are able to contribute to the current worldwide supply shortages of needs for Hand Gloves with the below features;
- Thermal shock resistance
- Resistance against corrosive media / harmful substances
- Low thermal expansion coefficient
Nitrile Gloves for Surgical Use
Hand Gloves Dippers Core Mold
SANICHI HAS ALSO FORAYED INTO PROPERTY DEVELOPMENT
AWARDS
Disclaimer:
This writing is based on my own assumptions and estimations. It is strictly for sharing purpose, not a buy or sell call of the company and the contents of this report should not be considered as professional financial investment advises or buy/sell recommendations. I strongly encourage you to do your own research and take independent financial advice from a professional before you proceed to invest.
I make no representations as to the accuracy, completeness, correctness, suitability, or validity of any information on my report and will not be liable for any errors, omissions, or delay in this information or any losses and damages arising from its display or usage. All users should read the posts and analysis the information at their own risk and we shall not be held liable for any losses and damages.
REGARDS
BURSAMASTER
Albukhary
If you compare Sanichi with Luster, then u will know which is better.
Luster is the most potential penny stock, in term of quality and capability.
2020-08-20 15:33