UCHI TECHNOLOGIES BHD

KLSE (MYR): UCHITEC (7100)

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Last Price

3.83

Today's Change

-0.06 (1.54%)

Day's Change

3.83 - 3.90

Trading Volume

338,300


9 people like this.

2,396 comment(s). Last comment by Stirmungle 2 days ago

chshzhd

1,908 posts

Posted by chshzhd > 2021-03-12 12:37 | Report Abuse

sit tight ..

fruitcake

821 posts

Posted by fruitcake > 2021-03-12 15:18 | Report Abuse

PERGI HOLLAND

fruitcake

821 posts

Posted by fruitcake > 2021-03-12 15:38 | Report Abuse

AMATEUR OPERATORS

gemfinder

6,880 posts

Posted by gemfinder > 2021-03-13 23:29 | Report Abuse

Uchi Technologies - Profits and DPS Above Expectations
Author: kltrader | Publish date: Thu, 25 Feb 2021, 8:59 AM

Another Record Quarter as Both Revenue and Earnings Surge
FY20 results grossly above expectations on stronger-than-expected revenue and margins
Maintain BUY with a higher TP of RM3.88. Yields at ~5-6% are attractive
Revenue and Earnings Surged Further in 4Q20
4Q20 revenue and core profit surged by 33% and 41% qoq respectively, even after the strong previous quarter, which had recovered from order backlogs due to production halts during the Movement Control Order (MCO) in 2Q20. With the strong revenue and hence better operating leverage coupled with favourable revenue mix, EBITDA margin further improved by 2.9ppts qoq. Overall, this has been the strongest quarter ever reported by Uchi, both in terms of revenue and profit, which we believe is being underpinned by strong demand for household appliances spurred by the work-fromhome trend.

2020 Results Above Expectations, DPS Ahead of Expectations
Cumulatively, Uchi’s 2020 core profit of RM85m (+10% yoy) came in above expectations, accounting for 120% and 124% of our and the street’s full-year estimates respectively. Revenue in US$ terms had contracted by 1.8% yoy and we believe this was also better than management’s earlier revenue guidance of a single-digit decline. The earnings surprise was largely due to a combination of better-than-expected revenue and EBITDA margin. DPS for the full year amounted to 17 sen (FY19: 16 sen), which was also a positive surprise.

Maintain BUY With a Higher 12-month TP of RM3.88
We update our 2021-22E EPS to incorporate the FY20 financial results and also introduce our 2023E EPS of 21.2sen (+6% yoy). We lift our target price to RM3.88 based on a higher target PE of 21x or +2SD its 5-year historical mean, on 2021E EPS (from RM2.92 based on a PE of 18x or +1SD). While valuations are high relative to historical average, the stock continues to trade at a significant discount to sector PE mean. Given the ample market liquidity and stock’s attractiveness as a high-quality dividend play, we think that stock PE multiples can continue to re-rate. We also like Uchi for its strong relationship with its key customer and how it remains the sole supplier of its coffee modules. Its customer, which manufactures deep freezers used within the vaccine logistics supply chain, could provide a near-term earnings catalysts. Key risks include weaker demand, weaker RM against the US$ and gain/loss of customers.

Source: Affin Hwang Research - 25 Feb 2021

MoneyAndHoney

2,479 posts

Posted by MoneyAndHoney > 2021-03-14 00:41 | Report Abuse

walaweh

MoneyAndHoney

2,479 posts

Posted by MoneyAndHoney > 2021-03-14 00:41 | Report Abuse

gemfinder now gambling on uchitech also kah

MoneyAndHoney

2,479 posts

Posted by MoneyAndHoney > 2021-03-14 00:42 | Report Abuse

habis la itu uchitech ini macam

Want2Win

2,553 posts

Posted by Want2Win > 2021-03-14 00:54 |

Post removed.Why?

Posted by Ahbeng88 > 2021-03-15 04:36 | Report Abuse

What a Silent GEM

chshzhd

1,908 posts

Posted by chshzhd > 2021-03-15 16:25 | Report Abuse

steady tech / ems ..

probability

14,496 posts

Posted by probability > 2021-03-19 12:37 | Report Abuse

I Built A List Of Growing Companies And Uchi Technologies Berhad Made The Cut

18 March 2021

https://simplywall.st/stocks/my/tech/klse-uchitec/uchi-technologies-berhad-shares/news/i-built-a-list-of-growing-companies-and-uchi-technologies-be

probability

14,496 posts

Posted by probability > 2021-03-20 10:39 | Report Abuse

Biotech could serve as future catalyst in this pandemic era
........................................................

HLIB said one of the products in Uchi’s pioneer status list is the ultra-low temperature and mass sensing control system.

It said this device is designed for the storage of biological materials (such as virus, bacteria, eukaryotic cells, stem cell and blood) mainly used in blood banks, hospitals, epidemic prevention services, research institutes and biomedical facilities.

probability

14,496 posts

Posted by probability > 2021-03-20 14:22 | Report Abuse

PCR test device from Eppendorf (Uchitec supplies sensors)

https://online-shop.eppendorf.ae/ME-en/PCR-44553/Cyclers-44554/Mastercycler-nexus-X2-PF-82586.html

The Mastercycler® nexus X2 is Eppendorf's solution for busy PCR labs. Two totally independent protocols can be run on the two blocks, so two PCR users can independently start and end their PCR reactions whenever they want. One of the assays can even have up to 64 samples. With less than 40 dB[a] noise emission, the nexus PCR cycler is whisper quiet and also very energy efficient

probability

14,496 posts

Posted by probability > 2021-03-20 14:34 |

Post removed.Why?

gemfinder

6,880 posts

Posted by gemfinder > 2021-03-20 15:07 |

Post removed.Why?

probability

14,496 posts

Posted by probability > 2021-03-20 15:21 | Report Abuse

thank you..come again

chshzhd

1,908 posts

Posted by chshzhd > 2021-03-21 16:27 | Report Abuse

trapped in uchi? just patient..:)

Posted by Value Investor Coo1eo > 2021-03-23 14:21 | Report Abuse

RM2.68 fair price

chshzhd

1,908 posts

Posted by chshzhd > 2021-03-23 23:01 | Report Abuse

yes i bought at 2.68:)

Posted by Value Investor Coo1eo > 2021-03-28 12:33 | Report Abuse

@Hui_k_c - Sell Sell Sell

newbie8080

2,766 posts

Posted by newbie8080 > 2021-03-29 15:22 | Report Abuse

Still waiting for dividend news to be declared. No worries.

kens88

698 posts

Posted by kens88 > 2021-03-29 15:24 | Report Abuse

Calvin tan ask to buy at 3.31. i also dunno consider trapped or not

Targeted

2,604 posts

Posted by Targeted > 2021-04-04 02:06 | Report Abuse

Prob, dont miss Frontkn, proven as best proxy to TSMC who announced US100B ultra supercycle expansion on Thursday, Good Friday Taiwan and US holiday. Monday Taiwan holiday.... So Monday should be last fr the best......

Targeted

2,604 posts

Posted by Targeted > 2021-04-04 02:09 | Report Abuse

.
Prob, dont miss, cash rich rm280mil and well prepared Frontkn via 84% Taiwanese subsidiary- Ares Green, proven as best local proxy to TSMC, who announced US100B ultra supercycle expansion on Thursday, Good Friday Taiwan and US holiday. Monday Taiwan holiday.... So Monday should be last fr the best......

Targeted

2,604 posts

Posted by Targeted > 2021-04-04 02:11 | Report Abuse

Prob, dont miss, cash rich rm280mil and well prepared Frontkn via 84% Taiwanese subsidiary- Ares Green, proven multiple times as best local proxy to TSMC, who announced US100B ultra supercycle expansion on Thursday, Good Friday Taiwan and US holiday. Monday Taiwan holiday.... So Monday should be last fr the best......

probability

14,496 posts

Posted by probability > 2021-04-04 02:51 | Report Abuse

Ok thanks targeted, will surely add some

newbie8080

2,766 posts

Posted by newbie8080 > 2021-04-08 12:02 | Report Abuse

No catalyst to move especially for high yield counters like Uchi.

Wait for Q1 result for more volatility

Shines

2,824 posts

Posted by Shines > 2021-04-09 02:03 | Report Abuse

I will just buy in when down, no worries for long term.

newbie8080

2,766 posts

Posted by newbie8080 > 2021-04-09 19:07 | Report Abuse

Buying for long term, entry price is any time.

Blesskiss

228 posts

Posted by Blesskiss > 2021-04-10 08:22 | Report Abuse

Uchitec PE 17.23 ,Margin over 53.99%, ROE 46.73%, DY 5.03% are considered one of the best in market. Its a matter of time for price to move up . I collect more .

Posted by staypositive > 2021-04-12 13:33 | Report Abuse

Operators also controlling price

Posted by staypositive > 2021-04-12 14:55 | Report Abuse

They scoop more at 3.100 range accumulation

DreamEmperor

3,340 posts

Posted by DreamEmperor > 2021-04-22 02:40 | Report Abuse

sleeping beauty needs a handsome prince to kiss her to wake her up

DreamEmperor

3,340 posts

Posted by DreamEmperor > 2021-04-22 02:40 | Report Abuse

ha ha ha

Posted by Value Investor Coo1eo > 2021-04-22 12:10 | Report Abuse

Fair price is RM2.6

value8888

113 posts

Posted by value8888 > 2021-05-03 11:38 | Report Abuse

still my favorite company

Posted by chengcheekaan > 2021-05-03 16:40 | Report Abuse

Bought some at 3.07 to become a small shareholder

collie

205 posts

Posted by collie > 2021-05-06 09:55 | Report Abuse

good piece. thanks chengcheekaan. seems to be forming triple bottom

Justmeme

245 posts

Posted by Justmeme > 2021-05-07 16:55 | Report Abuse

U see this counter mostly are Institutional investors. Then you know you cannot be wrong. Mostly almost all fund manager and Insurance companies are buying this counter. so where could you go wrong buying this counter

newbie8080

2,766 posts

Posted by newbie8080 > 2021-05-10 09:49 | Report Abuse

You are right.

Go for others if you want short term.

shearer202

1,550 posts

Posted by shearer202 > 2021-05-11 10:07 | Report Abuse

Nasdaq will drop 4 days consecutively , total around 1000 points from peak !

newbie8080

2,766 posts

Posted by newbie8080 > 2021-05-12 10:30 | Report Abuse

Even if that is true, ytd Nasdaq had appreciated 1,000 points and last 52-weeks gained 4,000 points and last 60-mths surge 9,000 points.

Correction of 1,000 points seemed reasonable.

collie

205 posts

Posted by collie > 2021-05-17 15:18 | Report Abuse

broke 3.05 support. wonder how far will it drop

lotuseater

151 posts

Posted by lotuseater > 2021-05-17 16:05 | Report Abuse

no thanks to kyy

Sardin

835 posts

Posted by Sardin > 2021-05-18 12:23 | Report Abuse

The current trend and new normal is to work from home. Good coffee is almost basic life standard for high income people in the EU. How could they miss this in their home office? They need to buy one in order to enjoy good coffee at home as they no longer have the access to the one in their office building anymore for at least another year.

Posted by klinnsman39 > 2021-05-24 11:06 | Report Abuse

Any statistic demand for coffee machine is growing up since Covid?

Posted by chengcheekaan > 2021-05-24 11:24 | Report Abuse

@klinnsman39

most important is Jura coffee machine up

https://www.jura.com/en/about-jura/press-room/2021/20210325-geschaeftsgang-2020-pm

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