Posted by kcfan > 2012-01-25 22:29 | Report Abuse

Pantech said it would focus on and expand its existing revenue-generating
businesses and seek opportunities to grow them, both locally and overseas.

It said one of them was to expand its capacity as the major pipe, fittings
and flow controls solutions provider to the oil and gas industries and related
upstream and downstream industries.

The group expected the long-term outlook of the oil and gas industries to
continue to be positive with the expected multi-billion ringgit oil and gas
investments under Economic Transformation Programme.

Barring any unforeseen circumstances, the group expected its overall
performance for the current financial year to remain satisfactory. -- Bernama

Posted by kcfan > 2012-01-30 22:24 | Report Abuse

Pantech Group Holdings Berhad

Sales in 3QFYFeb12 up 49% y-y and 12% q-q

Trading sales registered good traction

Expect strong double-digit growth in FY12-FY15

2012E annualised P/E of only 5.1x with 6.5% net yield

Posted by yewkhian > 2012-01-30 22:28 | Report Abuse

kcfan: i agree with u

Posted by kcfan > 2012-02-19 23:32 | Report Abuse

According to OSK, it upgraded Pantech to 'trading buy', at a target price of 79 sen, based on 7 times price earnings ration on financial year 2012 earnings per share.

Posted by yowtp > 2012-02-22 00:49 | Report Abuse

any comments for this counter! Still can collect or not!

Posted by kcfan > 2012-02-29 23:25 | Report Abuse

Maintains buy !

Posted by kcfan > 2012-03-08 21:34 | Report Abuse

Pantech Group Holdings Bhd will acquire 100 per cent of UK-based Nautic Group and its properties in Britain for 9.5 million pounds (RM45.45 million).

The company, which entered into a sales and purchase agreement with Nautic in the United Kingdom yesterday, expects the acquisition to strengthen its prospects and accelerate the group's thrust into the stainless steel, copper nickel market.

Nautic Group manufactures and supplies niche market pipes, fitting and flanges.

"The acquisition of Nautic Group is a great opportunity for Pantech Group to increase and improve our production capability into areas of high value-added products for the marine oil industry and other industries," said Datuk Goh Teoh Kean,

Posted by kcfan > 2012-04-30 22:24 | Report Abuse

Pantech posts higher Q4 pre-tax profit of RM13.7m

Pantech Group Holdings Bhd posted a pre-tax profit of RM13.729 million for the fourth quarter ended Feb 29, 2012, up from the RM6.226 million recorded in the corresponding quarter of last year.

Revenue for the three-month period also rose to RM128.452 million from RM72.907 million, previously.

For the whole financial year, Pantech Group registered a pre-tax profit of RM47.159 million from RM37.369 million last year.

Revenue for the 12-month period was also up to RM437.031 million from RM335.779 million.

In a filing to Bursa Malaysia, the company said the better annual
performance was mainly due to higher sales from both manufacturing and trading divisions, and contribution from margin of sale, of carbon steel niche products.

Moving forward, the company will continue to focus and expand on its existing revenue generating businesses.

It will also seek opportunities to grow its businesses, both locally and overseas, by expanding capacity as the major pipes, fittings and flow controls solutions provider to the oil and gas industries and related upstream and downstream industries.

Pantech Group is of the view that the long term outlook of the oil and gas industries continues to be positive, and barring any unforeseen circumstances, it expects overall performance for the next financial year to remain satisfactory. -- Bernama

Posted by Pomato Ian > 2012-04-30 22:53 | Report Abuse

Yeah! Good news indeed. hopefully can translate into share price..although i was planning to hold it for another year..

Posted by kcfan > 2012-05-01 18:19 | Report Abuse

鹏达集团（Pantech，5125，主板贸服股）截至2012年2月财年末季，净利倍增至1068万令吉，上财年则报511万令吉。
鹏达集团净利激增主要是因为贸易、制造和投资与管理业务走好所推动。
末季营业额也暴增76.2%至1亿2845万2000令吉，上财年仅录得7290万7000令吉。
基于制造和贸易业务销量走高，加上碳钢利基产品赚幅增加，致使鹏达集团2012财年全年净利走高19%至3450万6000令吉，上财年报2899万4000令吉。
合计四季营业额报4亿3703万1000令吉，上财年录得3亿3577万9000令吉，年增30.2%。
每股盈利方面，公司末季每股盈利为2.37仙，全年盈利累积至7.66仙。
另一方面，鹏达集团建议末季派发每股1.30仙的终期单层股息。
不过，公司仍需有待在来临的年度股东大会上，征求股东们批准方可派息，享有权益日期和派息日将在日后公布。

Posted by chong > 2012-05-02 09:49 | Report Abuse

Time to pick up Pantec now....good NTA, very good profit & a low PERatio too...go for it.

Posted by chong > 2012-05-02 10:33 | Report Abuse

Dividend coming too after AGM.

Posted by kl foong > 2012-05-02 10:49 | Report Abuse

TP-0.70 (TA Research)

Posted by chong > 2012-05-02 15:41 | Report Abuse

Remember to buy & wait for TP of 70 cents to sampai lah....still 15 cents margin, not too bad.

Posted by investor77 > 2012-05-03 00:07 | Report Abuse

Bro Chong, what is your Forum URL?

Bought Pantech long time ago, this counter has good fundamentals, but is slow. DY is OK.

Thks for highlighting BIMB. Can you share also other shares having good potential ? - Smart Tag, --?

Thanks.

Posted by chong > 2012-05-03 02:52 | Report Abuse

Brother investor77, give me your email please.....many thanks.

Yes, Smartag have a very good potential from the just concluded agreement with government.....money & profit rolling in every day, every minute, hee, hee, hee

Cheers.

Posted by _ChAoS_ > 2012-05-03 09:43 | Report Abuse

Bro chong, can you add me on your list? chaossss@gmail.com... Thanks!

Posted by chinyh > 2012-05-03 09:58 | Report Abuse

Brother Chong, can you add me ? chinyokehong_chin@yahoo.com.
Thanks!

Posted by euscilyn > 2012-05-03 16:22 | Report Abuse

Bro Chong add me too nghanni@live.com.my

Posted by yakchoon yakchoon > 2012-05-03 16:23 | Report Abuse

Bro Chong add me too yakchoon@yahoo.com

Posted by jesslyn ngwee > 2012-05-03 16:56 | Report Abuse

Bro Chong pls add me too clngwee@yahoo.com

Posted by investor77 > 2012-05-03 17:17 | Report Abuse

Dear Bro Chong,

My e-mail is- ebh777@yahoo.com. Pantech now 56 cents. Price to sell?

Thanks for info on Smart Tag, are they the one issuing Touch n Go ?

Posted by ryan > 2012-05-03 17:22 | Report Abuse

Bro Chong pls add me too ryan_yapsp@yahoo.com

Posted by bryankwc > 2012-05-03 18:34 | Report Abuse

Hello Bro Chong,
pls add me too bryan_kwoon@yahoo.com
Tq.

Posted by nyx7070 > 2012-05-04 11:03 | Report Abuse

pls add me too nyx7070@yahoo.com

Posted by kcfan > 2012-05-06 22:56 | Report Abuse

Pantech Group Holdings Berhad

Sales continue to strengthen in 4QFY12, up 76% y-y

Net profit up 19% y-y to RM34.5 million for FY12

Expect strong double-digit growth in FY13-FY15

FY13E P/E of only 5.4x with 7.2% net yield

Posted by kcfan > 2012-05-06 23:01 | Report Abuse

Valuation and Recommendation
Pantech’s well-laid out strategy should enable it to achieve strong doubledigit
annual growth over the next few years – based on the anticipated
demand growth that is supported by the company’s expansion plans.
Net profit in FY12 – of RM34.5 million – was a little short of our earlier
estimates due to losses at the stainless steel plant, which started operations
in 4QFY11. However, we are sanguine that the plant will start to contribute
positively in the coming months. Earnings in the current financial year will
also include contributions from newly acquired Nautic Steels.
We estimate net profit of RM46.3 million in FY13, up 34% on the year.
Earnings are expected to expand to RM57.2 million in FY14.
Based on our forecast, the stock is trading at very modest P/E valuations of
only 5.4 and 4.4 times, respectively, for the two financial years – or just about
7.9 and 6.4 times fully diluted annualised earnings for 2012-2013.
Pantech’s valuations compare very favourably against most oil & gas stocks
listed on the local bourse, as well as the broader market’s average
valuations.
Plus, the stock is trading below its net asset of 75 sen per share as at end-
Feb 2012. Thus, we believe there is significant upside potential for Pantech,
particularly for those with a slightly longer investment horizon. We maintain
our BUY recommendation on the stock.
On top of potential capital gains, shareholders can also look forward to
attractive yields.
Net dividends totaled 3.5 sen per share in FY12, up from 3.3 sen per share in
the previous financial year, including a final dividend of 1.3 sen per share.
We estimate dividends will rise to 4 sen per share in FY13, in line with the
company’s stronger earnings. This will earn shareholders an attractive net
yield of 7.2% at the current share price.

Posted by davidlaw81 > 2012-05-07 09:17 | Report Abuse

still can buy pantech?please advise..

Posted by kcfan > 2012-07-20 11:36 | Report Abuse

Upgrade to BUY, FV revised upward. Pantech’s carbon steel division has always been stable and
profitable. In view of the contribution that it now receives from the Nautic Group and improvement in its
stainless steel division, we are confident that Pantech’s 1QFY13 performance should improve both q-o-q and
y-o-y. This means that its near-term profit outlook should brighten. These positive signals prompt us to revisit
our valuations and tweak our parameters higher from a 5x FY13 P/E to 6x FY13 P/E. Accordingly, we revise
upward our FV to RM0.72, which offers a 35.8% share price upside from its last close. As such, we upgrade
Pantech to a BUY from TRADING BUY previously. At the current share price of RM0.530, we see a window
of opportunity to accumulate the stock at lower cost.

Posted by mrkas > 2012-07-23 13:23 | Report Abuse

she is moving.. must be in view of financial results end of the month..

Posted by kcfan > 2012-07-23 14:31 | Report Abuse

still consider as a undervalue counter.Foresee can go up further.

Posted by Andrew Law > 2012-07-23 15:26 | Report Abuse

I've been monitoring this counter for a very long time.

Fair price RM0.65

Posted by Skipz Yang > 2012-07-23 15:55 | Report Abuse

Is anyone looking at the ICULS 10/17? Gearing is x5.5 with regular interest rates...maybe a safer bet?

Posted by Andrew Law > 2012-07-23 16:36 | Report Abuse

ICULS not such a good bet. Mother is paying about the same dividend as ICULS, with potential to grow on dividend and capital appreciation.

Go more agressive, Warrant better but already moving

Posted by henry142 > 2012-07-23 19:05 | Report Abuse

Finally moving...

Posted by kcfan > 2012-07-23 21:14 | Report Abuse

PANTECH newly acquired British company began to contribute to profitability, the stainless steel business continued to improve, and the robust performance of carbon steel business, analysts expect its 2013 fiscal first quarter earnings will have good performance.

Posted by necro > 2012-07-23 23:31 | Report Abuse

NOWADAYS EVERYTHING NEWSPAPER WROTE PPL HIT!!!
ZZzz!!

Posted by kcfan > 2012-07-27 20:28 | Report Abuse

Generous dividend payout. Pantech has declared a 1.0 sen special interim dividend for the quarter under
review, in line with our view that the company may continue to pay generous dividends to the shareholders.
To recap our last report’s details, Pantech’s dividend payout ratio was more than 40% in both FY12 and FY13
and we believe the company will continue its dividend policy.
Maintain BUY. We continue to like Pantech for its sound and solid business model, gradual operational
improvement as well as decent dividend payouts. Furthermore, recent offshore oil and gas discoveries and
ongoing oil and gas investments under the Economic Transformation Programme (ETP) announced by the
Malaysian government is expected to intensify capital investment in the O&G sector. With that, we believe
that Pantech’s profit visibility will remain positive and thus, reiterate our BUY recommendation with a FV of
RM0.72, derived from an unchanged 6x FY13 PE.

Posted by kcfan > 2012-07-30 22:37 | Report Abuse

Valuation

Share price has appreciated by 15.4% since our last update. Anticipate it to rise further on improving earnings outlook as the multibillion investments going into the O&G sector would require more pipes, fittings and flanges.


Maintain Pantech as a Buy with RM0.82 target price, using CY13 PER of 9x. It is a good dividend play with an attractive FY13 dividend yield of 8.3%, which will be well supported by FY13 earnings growth potential of 31.1%.

Posted by kcfan > 2012-07-31 08:15 | Report Abuse

Company Name: PANTECH GROUP HOLDINGS BERHAD
Stock Name: PANTECH
Date Announced: 30/07/2012

Announcement Detail:
Subject: PANTECH - NOTICE OF BOOK CLOSURE

Contents: A Final Single Tier Dividend of 1.30 sen per ordinary share of RM0.20 each in respect of the financial year ended 29 February 2012.

Kindly be advised of the following :

1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 3 September 2012 ]

2) The last date of lodgement : [ 5 September 2012 ]

3) Date Payable : [ 19 September 2012 ]

Posted by sms1981 > 2012-07-31 15:06 | Report Abuse

power

Posted by flee8 > 2012-07-31 17:55 | Report Abuse

holding strong 3 days close 0.6; Any Sifu's care to advice?

Posted by flee8 > 2012-08-02 22:09 | Report Abuse

moving up....gogogo

Posted by Stock Operator > 2012-08-09 15:08 | Report Abuse

accumulating..

Posted by kcfan > 2012-08-11 08:41 | Report Abuse

Review

Pantech’s 1QFY13 net profit grew 99.6% YoY to RM12.5mn on the back
of a strong 52.3% surge in sales to RM145.2mn. In tandem with overall
improvement in sales, plant utilization and uptick in average selling
prices, the operating margin improved to 14.1% from 11.5% a year ago.
The result was slightly above ours but within consensus expectations.

Trading division accounted for 62.1% (RM90.2mn, up 28.6% YoY) and
76.2% (RM15mn, up 68.1% YoY) of total sales (RM145.2mn) and PBT
(RM19.7mn before inter-segment elimination) respectively. The surge in
sales was attributed to continued improvement in demand from the O&G
sector, thanks to new projects and better overseas sales.

The balance 37.9% or RM55.1mn (+118.3% YoY) external revenue
originated from the manufacturing division as it benefitted from the full
utilization of its carbon steel and stainless steel plants. About RM10mn
sales contribution from the newly acquired UK based Nautic Steels
Group enhanced the growth as well.

The company proposed a special interim single tier dividend of 1 sen
that would be paid on 23rd October. Anticipate quarterly dividend
payment of at least 1 sen each in the next two quarters before a final
dividend of 2 sen in the fourth quarter, in line with our dividend payout
assumption of 45%. At current price, it will represent an attractive
dividend yield of 8.3% for FY13.

Posted by kcfan > 2012-08-11 08:44 | Report Abuse

Outlook

Outlook is improving for both the manufacturing and trading division. The carbon steel division has orders stretched until next April with the Group’s orderbook standing at RM180mn. It is currently ramping up capacity to meet rising demand, especially from the O&G sector. It would add 1,500tonnes/annum to its existing capacity of 16,500tonnes/annum in Klang by this October to meet the growing orders.


The stainless steel plant is operating at almost full capacity as it is able to replace orders placed externally previously by its trading division while improving profit margin along the process. It has just started producing 16” pipes effective June that would contribute positively in the coming quarters.


The £2mn quarterly sales of Nautic Steel Limited are expected to double in the next three years. The exotic product range that it can offer now will enable it to garner greater market share from the O&G sector as it will open up the subsea segment.

Posted by kcfan > 2012-08-11 08:46 | Report Abuse

Valuation

Share price has appreciated by 15.4% since our last update. Anticipate it to rise further on improving earnings outlook as the multibillion investments going into the O&G sector would require more pipes, fittings and flanges.


Maintain buy and hold using CY13 PER of 9x. It is a good dividend play with an attractive FY13 dividend yield of 8.3%, which will be well supported by FY13 earnings growth potential of 31.1%.

Posted by kcfan > 2012-08-11 08:48 | Report Abuse

Financial Indicators
FY13 FY14
Net debt/equity (%) 36.3 39.1
NTA/Share (RM) 0 .8 0.9
P/NTA (x) 0 .7 0.7
ROE 13.5 15.1
ROA 8 .1 9.5

My 1st target price met RM0.62 and above.

Posted by suhnaj > 2012-08-11 09:22 | Report Abuse

Philip Capital is buying this counter also.

Posted by Stock Operator > 2012-08-11 10:19 | Report Abuse

kcfan, currently trading @ .655, what's your next tp?