FRONTKEN CORPORATION BHD

KLSE (MYR): FRONTKN (0128)

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Last Price

4.06

Today's Change

-0.02 (0.49%)

Day's Change

4.02 - 4.10

Trading Volume

727,200


52 people like this.

26,291 comment(s). Last comment by Goodwill5 5 hours ago

Aaron_tan

2,337 posts

Posted by Aaron_tan > 2020-07-27 19:58 | Report Abuse

anytime from now.expect to be bad like MI

god2077

136 posts

Posted by god2077 > 2020-07-28 08:36 | Report Abuse

@Cakes Moon I already pm you in i3 , i love durian!

god2077

136 posts

Posted by god2077 > 2020-07-28 08:36 | Report Abuse

today another day to go please see TSM share!

Posted by Fundamental123 > 2020-07-28 17:59 |

Post removed.Why?

Cakes Moon

6,929 posts

Posted by Cakes Moon > 2020-07-28 20:16 | Report Abuse

Hi god2077, done. Enjoy your musang king ya!

Cakes Moon

6,929 posts

Posted by Cakes Moon > 2020-07-29 10:52 | Report Abuse

The price is falling? Any1 know when the result will be out?

newbie8080

2,766 posts

Posted by newbie8080 > 2020-07-29 12:09 | Report Abuse

The major shareholder had been disposing 64,650,000 since May 2020 to someone.

The company is always able to have private placement.

The question is why reduce his stake?

god2077

136 posts

Posted by god2077 > 2020-07-29 16:02 | Report Abuse

Thanks Cakes i will eat musang king and buy FRONTKN

god2077

136 posts

Posted by god2077 > 2020-07-30 08:15 | Report Abuse

TSM rebound back, time to monitor frontken!

Aaron_tan

2,337 posts

Posted by Aaron_tan > 2020-07-30 20:59 | Report Abuse

Monday 3.3?

DannyArcher

1,258 posts

Posted by DannyArcher > 2020-07-30 21:32 | Report Abuse

@newbie8080

I think it is Frontken's parent company.... Dazzle. Seems like they are concentrating everything into a single company... not too sure why, but they are all from the same company and owner, just passing around.

Posted by Lee Kok Wee > 2020-07-31 04:14 |

Post removed.Why?

Posted by Lee Kok Wee > 2020-07-31 04:15 |

Post removed.Why?

Posted by gloveisgold > 2020-08-02 13:44 | Report Abuse

Anyone planning to attend Frontken's AGM on Wednesday, 5th?

newbie2y

584 posts

Posted by newbie2y > 2020-08-03 23:08 | Report Abuse

@gloveisgold, pls help to share some info if u go...unfortunately Im oustation, else if it is virtual I will attend for sure..

newbie8080

2,766 posts

Posted by newbie8080 > 2020-08-04 11:03 | Report Abuse

Those who are joining the AGM should ask this questions:
1. Why major shareholder is disposing his own shares of 64,650,000 lately?
To whom?
2. Is the company plans to explore precision cleaning in medical devices to reduce dependency on semiconductor earnings.
3. Will the company be expanding the operations to support TSMC new plant in US?
4. Will the company be providing cleaning services to SMIC china?

god2077

136 posts

Posted by god2077 > 2020-08-04 13:29 | Report Abuse

Whose joining AGM? can pm me i cant attend..

Posted by kariwong9394 > 2020-08-04 13:41 | Report Abuse

Excellent company..

cuwawa

39 posts

Posted by cuwawa > 2020-08-04 16:59 | Report Abuse

Ok nice and steady my beloved FRONTKN..Hope for the best..

god2077

136 posts

Posted by god2077 > 2020-08-04 21:15 | Report Abuse

higher profit margin..

Posted by BatteriesNotIncluded > 2020-08-05 12:41 |

Post removed.Why?

DannyArcher

1,258 posts

Posted by DannyArcher > 2020-08-05 17:24 | Report Abuse

Ordinary Resolution 7 Proposed Renewal of Share Buy-Back Mandate.
Result: Accepted

mf

29,125 posts

Posted by mf > 2020-08-10 08:38 | Report Abuse

Nasdaq 11,010.98 -97.088 0.87%

Posted by InsiderShark > 2020-08-10 11:57 | Report Abuse

During covid lockdown globally, they are able to make 20% more for last quarter. TSMC is growing, and growing bigger. Frontken will also grow big with big brother. Imagine this, 20% more during lockdown... nothing to worry. TP4.00

abn10

358 posts

Posted by abn10 > 2020-08-10 13:14 | Report Abuse

The Group’s revenue for the current quarter ended 30 June 2020 increased by approximately RM7.5 million (9.3%) compared to the preceding year corresponding quarter mainly contributed by our subsidiary in Taiwan. This was mainly due to the positive growth of the semi-conductor business. However, slowdown in our customers’ business in the oil and gas sector resulted in a drop in business for the Group’s oil and gas subsidiaries in Malaysia, Singapore and the Philippines. In addition, the Movement Control Order (“MCO”) implemented by the Malaysian Government due to the COVID-19 pandemic had resulted in some disruption in our operations in Malaysia and to a lesser degree, our oil and gas business in Singapore and the Philippines.
The Group’s profit before tax (“PBT”) of RM27.9 million for the current quarter was RM4.8 million or 20.8% higher than the corresponding quarter’s RM23.1 million. The higher profit was mainly due to improved revenue and better profit margin resulting from the continual efforts to improve efficiency across the Group. This was our historical best quarter performance even with the global slowdown caused by the COVID-19 pandemic.

abn10

358 posts

Posted by abn10 > 2020-08-10 13:15 | Report Abuse

The Group’s revenue of RM172.5 million for the current period ended 30 June 2020 was RM8.5 million (5.2%) higher than that achieved in the preceding year corresponding period mainly contributed by our subsidiary in Taiwan. The performance would have been better but for the indirect impact from the COVID-19 pandemic.
Against the same period last year, the PBT for the Group increased by RM7.0 million (15.3%) as a result of improved revenue and vigilance in cost management.

abn10

358 posts

Posted by abn10 > 2020-08-10 13:16 | Report Abuse

The Group recorded a remarkable second quarter and first half results with a 20.8% and 15.3% increase respectively in its PBT compared to the preceding year corresponding period mainly attributable to the positive growth in our semi-conductor business. Looking forward, the Group is seeing advancement and deployment of new innovative technologies following from the roll-out of 5G globally and we believe these developments in the electronic and technology space will be positive for our business. Nevertheless, the Group anticipates that the overall business conditions for the remaining 6 months period in 2020 will continue to be uncertain amidst global uncertainties and downside risks due to heightened concerns over the impact of the potential second wave from COVID-19 on the world economy.
As for the oil and gas industry, we notice that new orders are trickling in from the various umbrella contracts for provision of manpower supply and also mechanical rotating equipment services and parts that we have with from the Petronas Group of Companies. We hope this momentum will pick up further during the second half of this year. Having said that, global oil demand and the COVID-19 pandemic will all remain a key source of risk to the current outlook.
While the Group anticipates that the overall business conditions in the remaining two quarters of the current financial year to remain uncertain, we are cautiously optimistic that our performance for the remaining months will be satisfactory.

Posted by OldWiseMan100 > 2020-08-10 14:08 | Report Abuse

20% more profit during lockdown, this stock already prove it can fly. TP4.00

Posted by OldWiseMan100 > 2020-08-12 00:06 |

Post removed.Why?

DannyArcher

1,258 posts

Posted by DannyArcher > 2020-08-12 00:34 | Report Abuse

Buy Buy Buy

Frontken 2Q net profit rises 23% to RM20.33m, declares 1.2 sen dividend

https://www.theedgemarkets.com/article/frontken-2q-net-profit-rises-23-rm2033m-declares-12-sen-dividend

Posted by sour_grape_so_sour > 2020-08-12 07:32 | Report Abuse

si kiao kiao, where are all the money going

MingGoon

1,774 posts

Posted by MingGoon > 2020-08-12 16:09 | Report Abuse

Frontkn..
Profit keep increasing each quarter, and quarter.
Cheers Frontkn

menort

1,006 posts

Posted by menort > 2020-08-14 03:29 | Report Abuse

Tomorrow better take profit then wait until afternoon for the Malaysia GDP report news out.

If result negative can affect the price.

Posted by Wawai Samah > 2020-08-14 13:54 | Report Abuse

gdp drop -17

fl888

7,735 posts

Posted by fl888 > 2020-08-14 13:58 | Report Abuse

Better than expected GDP of 18% or more.....so net so far only -16.5% GDP figure while 6-9 months expected better figures

ttluck

769 posts

Posted by ttluck > 2020-08-14 15:09 | Report Abuse

waiting to drop till below rm3 only accumulate

gemfinder

6,880 posts

Posted by gemfinder > 2020-08-17 10:57 | Report Abuse

bought 3.39

Hafid

1,135 posts

Posted by Hafid > 2020-08-18 14:30 | Report Abuse

5 years down the road wil be at RM8.00

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2020-08-20 17:09 | Report Abuse

Too lama la wei. 5 years baru reach Rm8?

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2020-08-20 17:09 | Report Abuse

Golden goose with bright future.

Posted by InsiderShark > 2020-08-25 15:51 | Report Abuse

Founder and director selling... what are you guys waiting for? sell sell sell before it goes down. com e back later

Posted by BatteriesNotIncluded > 2020-08-25 15:51 | Report Abuse

Red Flag - MR NG WAI PIN (a substantial shareholder) disposed 12,500,000 shares on 24-Aug-2020.

Posted by SelfMadeMillionaire > 2020-08-25 15:52 | Report Abuse

DAZZLE CLEAN LTD (a substantial shareholder) disposed 12,500,000 shares on 24-Aug-2020.

Aaron_tan

2,337 posts

Posted by Aaron_tan > 2020-08-25 16:58 | Report Abuse

no wonder it plunge all the way from 3.95 to 3.7

Aaron_tan

2,337 posts

Posted by Aaron_tan > 2020-08-25 18:59 | Report Abuse

As per your name, long term investor mah hahhahaa

Posted by OldWiseMan100 > 2020-08-25 19:39 | Report Abuse

forced to be long term investor
all tech stocks are overpriced and due for a big correction like gloves.
PE60?too crazy. i dont even know how jftech can be PE200.

Posted by constantine007 > 2020-08-25 20:53 | Report Abuse

hope frontken can give bonus issue...like topglove and supermax did.

DannyArcher

1,258 posts

Posted by DannyArcher > 2020-08-26 01:30 | Report Abuse

Good Luck.


25-Aug-2020 Insider DIAMOND GP HOLDINGS II LTD (a substantial shareholder) disposed 12,500,000 shares on 24-Aug-2020.

25-Aug-2020 Insider DYMON ASIA CAPITAL LTD (a substantial shareholder) disposed 12,500,000 shares on 24-Aug-2020.

25-Aug-2020 Insider DYMON ASIA PRIVATE EQUITY (S.E. ASIA) II LTD (a substantial shareholder) disposed 12,500,000 shares on 24-Aug-2020.

25-Aug-2020 Insider YONG MING CHONG (DANNY) (a substantial shareholder) disposed 12,500,000 shares on 24-Aug-2020.

25-Aug-2020 Insider DAPE LTD (a substantial shareholder) disposed 12,500,000 shares on 24-Aug-2020.

25-Aug-2020 Insider MR TAN KENG SOON (a substantial shareholder) disposed 12,500,000 shares on 24-Aug-2020.

25-Aug-2020 Insider PRISTINE PRISM LTD (a substantial shareholder) disposed 12,500,000 shares on 24-Aug-2020.

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