ermm that what i calculate few months ago 500M maket cap..but coz lack of experience need someone better wit that to eleborate plez..it still too far,maybe need PP to fulfil it
I think the company should issue bonus 1 for 1.With good news of bonus issue,improving revenue and earnings sure market will support and share price & PE will go up.Very soon company will reach rm500m capitalization.
private placement can, bonus also can...yeah we patience, but should think bout it also,coz important bro, to determine expansion price, etc..coz good fa co..if goreng i should think bout condition/perspective...
For the Q3 result announced, it reported net profit of RM 5.218 mil with an EPS of 3.24 Sen and for the year to date to 30 Sept a net profit of RM 18.319 mil with an EPS of 11.37 Sen Financial period-to-date against preceding year corresponding financial period The total revenue of the Group of RM63.725 million for the period ended 30 September 2017 increased by 107% (RM33.0 million) when compared to RM30.717 million reported in the previous financial period. The surge in revenue was due to higher volume of machines sold which resulted in the increase in net profit to RM 18.3 mil from RM7.0 mil reported last year, an increase of 162%. Gross profit margin has increased to 34.7% compared to last year of 32.6% for FY 2016.
Good FA fundamental with a good business in right IOT sector. Zero borrowing Co with RM 28.4 mil cash in hand with no borrowing. The Co is seeking to transfer to Main Board and had applied to SC on 26 Sept 2017.
Current year prospects by the Board Given the continuing growth of the smart devices and automotive industries, the Board is confident of leveraging on them. The Board foresees that the performance for the remaining quarter will therefore be good. Given the bullishness of the semi-conductor, smart devices industry and automotive industry, where MMSV operates, all it peers above (except for Vis) in recent Q3 results announced, all had reported increased in turnover and net profit. MMSV should be looking to also have positive Q4.
MMSV at valuation at 169 still has room for upside. It is currently trading at PE of 11.6 using Projected FY 17 EPS of 14.62. On similar basis, when compared to its peers Penta, Vitrox, Elsoft and Vis where these companies are trading at PE of 22.2, 28.8, 24.5 and 21.1 respectively.
Current Price 169 and TP 219 based on conservative PE 15 (Potential Gain 50 Sen or 29.6%)
YTD 9 months 2017, MMSV has already made record top line and bottom line results, but the price had yet to break new high. I guess given time, it will stage a strong rally and flourish, just like Penta when its price was stuck btwn 1.6x to 1.8x before it flew non-stop all the way to where it is today.
mmsv i wanna see you run anywhere you want never let darkness hold you back no fear getting lost.. mmsv.. i wanna see you fly way beyond the sun and anything you're ever gonna dream i pray that it will come..
but if.. ever fall down again straight to the bottom.. and.. when the going get rough right when it's hurting.. and.. can't get back at you started.. any price at any ground..
mmsv..
you gotta to know.. for you.. i'll be back and. i'll fight..i'll fight..i'll fight for you..
but..when.. you back up stronger..
i'll go..i'll go. i'll go a way again.. tut tut will go long a way..
Solid fundamental can move singular stock to certain market value, but for overall Market to be Bullish there are so many variables that are very difficult to fathom. Until now not a single person can give a perfect answer, why Mr. Market is so Volatile n unpredictable, irrational behaviour n sentiments, blah... blah...blah...!!! Only few factors like liquidity, bullish sentiment, low interest rates n specific business or trend can have very strong effect on overall market volatility. Patience n right temperament are the right EQ n not high IQ. Give away some of your IQ to charity. Good Luck...!!!
MMSV@100% Margin of Safety. Fundamental are fantastic! All Up...!!! Sales, margins, profit, ROE, ROIC, book value@retained earnings@buy-back, cash flow, FCF, working capital, plus zero debt, imagine short-term debt also zero n low CAPEX. Efficient Management Team n promising business model wz upward Earnings growth prospects. Just look at the margins, n I hope can sustain above 20%@fantastic. If sales CAGR reasonable growth around 30%, plus such a fantastic margins, where to find such company. Maybe Apple is better...!!! It is matter of time, big funds, will analyse n be their Watchlist, provided it is listed in main board. Patience...!!!! Good Luck...!!!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Stefan Lam
302 posts
Posted by Stefan Lam > 2017-11-28 14:11 | Report Abuse
hi onecall, in this case, mmsv just have 280m ++..means not eligible yet?