Posted by Value Investor Coo1eo > 2022-08-18 09:46 | Report Abuse

Stellar earnings expected.....brace yourselves for RM4...at minimum RM3.6 by year end.

Posted by ooihk899 > 2022-08-25 17:40 | Report Abuse

Wow! Excellent result , highest Q profit ever . This FY dividend sure at least 23 sen.
Hopefully can have a payout of 25 sen.

Posted by troy88 > 2022-08-26 09:06 | Report Abuse

well done!

Posted by Lyo82 > 2022-08-26 09:18 | Report Abuse

Well done Uchitec!

Posted by Value Investor Coo1eo > 2022-08-27 13:59 | Report Abuse

Dividend will be 22sen. And giving special divvy of 20sen.

Posted by Shines > 2022-08-30 13:13 | Report Abuse

Wah, got so high dividen meh?

Posted by ooihk899 > 2022-08-30 16:20 | Report Abuse

I don't think so, but I think 25sen may be possible

Posted by Kai Shien Ks > 2022-08-30 17:59 | Report Abuse

anything > 22 is bonus

Posted by Shines > 2022-08-31 12:38 | Report Abuse

Yes, expecting Uchitec to declare high div as theybusually did.

Posted by Shines > 2022-09-01 20:00 | Report Abuse

Good good good strong strong strong 3.60 to 4.00 coming soon

Posted by flyhub888 > 2022-09-02 23:57 | Report Abuse

strongest counter eva

Posted by troy88 > 2022-09-21 09:38 | Report Abuse

Solid, steady performer. Able withstand all the negative news and poor market sentiment..

Posted by ooihk899 > 2022-09-21 09:56 | Report Abuse

The price is actually all time high already (if you take all the ex div into consideration).
Now waiting for 3rd QR and interim div at year end. Hopefully is 10 sen

Posted by Shines > 2022-09-30 14:14 | Report Abuse

Price all time high is because can see good future prospects with good Div. Can up more even with poor market conditions

Posted by leekh5555 > 2022-10-11 14:49 | Report Abuse

major part of their income come from Europe, wonder if Uchitec will be affected.

Posted by NatsukoMishima > 2022-10-13 11:30 |

Post removed.Why?

Posted by NatsukoMishima > 2022-10-14 11:07 |

Post removed.Why?

Posted by Shines > 2022-10-15 10:40 | Report Abuse

Looking fowward to tge 3rd qtr. rpt. and subsequently div. announcements

Posted by Shines > 2022-10-22 09:55 | Report Abuse

Low vol ctrs graphs wont be correct, someone purposely created this trend to let pple throw.

Posted by Shines > 2022-11-18 15:24 | Report Abuse

Wow thanks

Posted by Shines > 2022-11-21 13:35 | Report Abuse

Hi Uchi, you are not that old so move faster

Posted by Shines > 2022-11-23 17:46 | Report Abuse

Looking forward to 5pm on Monday

Posted by ooihk899 > 2022-11-25 18:04 | Report Abuse

Bro, Monday holiday wor. This FY dividend at least 24 sen

Posted by Shines > 2022-11-26 06:42 | Report Abuse

Opps! Typo err, should be Friday.
Now just wait till Tuesday 9am to see what is the market reactions.

Posted by ooihk899 > 2022-11-26 08:27 | Report Abuse

This year total 3Q NP is already 92m, exceed FY 2021 whole year NP of 91M. Looks like FY 2022 revenue and net profits should be all time high. Even interim dividend increases from 9 sen to 12 sen. I expect final dividend will be more than 12 sen.

Posted by hng33 > 2022-12-12 11:28 | Report Abuse

bought uchitech at 3.32-3.33

Posted by ooihk899 > 2022-12-13 17:34 | Report Abuse

Hmmm..... divy ex on 29 Dec, payment on 19 Jan

Posted by thesteward > 2022-12-13 21:45 | Report Abuse

Wow high divvy announced

Posted by thesteward > 2022-12-13 21:45 | Report Abuse

Tomolo at least gap 5/6 sen I guess

Posted by ooihk899 > 2022-12-13 22:56 | Report Abuse

If gap up, hng33 will sell like no tomolo. wakakaka.

Posted by thesteward > 2022-12-14 08:20 | Report Abuse

This is a fund type of stock v good fundamentals .

Posted by thesteward > 2022-12-15 11:59 | Report Abuse

If can break 3.42 with high volume then v v high chance spike

Posted by Shines > 2022-12-16 18:25 | Report Abuse

Good closing at 3.40, looking forward to Monday opening.

Posted by Shines > 2022-12-20 01:28 | Report Abuse

Xd Dec 29, still got throwing.

Posted by hng33 > 2022-12-20 21:11 | Report Abuse

Alrdy sold all at 3.40

Posted by Shines > 2023-01-11 11:18 | Report Abuse

New Pioneer status for another 5 years, so what haha

Posted by observatory > 2023-01-11 23:11 | Report Abuse

"...out of the 4 applications submitted, MIDA has granted Uchi Optoelectronic (M) Sdn Bhd (“Uchi Opto”) (a wholly owned subsidiary of UTB) pioneer status for the activities of " Design, development and manufacture of configurable presence and distance sensing time-of-flight (CPDS-ToF) module" for a period of 5 years from the production date which will be fixed by the authorities at a later date."

How many applications were successful?

Posted by observatory > 2023-01-12 22:48 | Report Abuse

The company has clarified in a follow-up announcement today:

"We refer to the announcement made on 10 January 2023. Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in the previous announcement.

After consideration of the MIDA’s approval, UTB wishes to make further announcement as follows:-

The approved "Design, development and manufacture of configurable presence and distance sensing time-of-flight (CPDS-ToF) technology (“the approved technology”) is currently being adopted in the production of some new products beginning January 2023 for our customers.
Barring any unforeseen circumstances, UTB expects that more than 1/6 of the Group's revenue will be generated from the new products categorized under the approved technology and profit generated will be tax exempted. The profit from the remaining of the Group’s revenue will be taxable at the statutory tax rate of 24%. Thus, the effective tax rate of the Group for the current year is estimated to be higher than the preceding years.
Uchi Opto will also adopt the approved technology into other new products and the effective tax rate for the Group shall improve over time.
In the meantime, Uchi Opto wishes to clarify further that the other 3 Applications submitted were not approved by MIDA and Uchi Opto endeavours to look into new applications for incentives.
This announcement is dated 12 January 2023."

Effective tax rate will go up. At least in the short term.

Posted by hng33 > 2023-01-13 18:51 | Report Abuse

Uchitech EPS will be decrease by 20% due to 5/6 product now are taxable at 24%, only 1/6 remain tax exampted.

Posted by Value Investor Coo1eo > 2023-01-15 13:35 | Report Abuse

OK - the impact will be significant. FY23 Uchi is not expected to do as well as FY22 because -
1. Sales will be flattish, or lower - topline lower
2. RM strenghtening - bottom line lower
3. Taxes - bottom line lower - EPS lower
4. Dividends will be slashed

Party is over.....thanks to MIDA and this Unity Government that is trying to get extra revenue anyway they can....

Share price will head south and finally normalise to abut RM2.35~2.5 given the forward looking PEx in the next few weeks/months.

Downtrend is inevitable. Trade cautiously.

Posted by ooihk899 > 2023-01-15 16:57 | Report Abuse

Aiyoyo !!! Base on what Coo Coo said, this counter gone case lioa. Please sell like no tomorrow!!!!! Sell at 2.35 or below so that Coo ku can buy cheap cheap from you.

Posted by Value Investor Coo1eo > 2023-01-15 20:23 | Report Abuse

899 wanna mock opinions at least support with some good arguments la…do not make such statements. It shows ur mentality…knn.

Posted by ooihk899 > 2023-01-15 23:19 | Report Abuse

Aiyoyo, coo ku no happy ar. Ask ppl to sell him cheap cheap he oso angry wor.
I no value investing one, can tell those who wan to sell you cheap cheap how do you
value Uchi at 2.35 ar? Can show calculation ar ? I oso wan to learn lor.

Posted by Value Investor Coo1eo > 2023-01-16 11:04 | Report Abuse

899 you are just fly here. tkss.
RM2.35~2.5 is what I THINK the market will price Uchi given the factors i listed above. Just my estimate as Mr Market can be bearish given that Uchi has no other growth drivers (unless you know something I dont)
Anyways...no one understands Mr Market truly, and I could be wrong. Maybe fly up to RM5?

What show calculation? U want to learn? I dont think so, KNN
...you just want to mock at people. bugger off!
Calculate yourself....CCB

Posted by Gen2 > 2023-01-16 11:34 | Report Abuse

No doubt for year 2023 will be quite challenging for Uchi, however given that their customer is considered one of the best in the coffee machine market. Consensus estimate world coffee machine market will growth about 4~7% CAGR and this might mitigate some of the taxation issue and over the long run it is good as not to rely on pioneer status for bottom line growth. A single customer is the risk on Uchi as like ATAIMS and this is why market doesn't give a high PE ( 30+ ) to Uchi.
Nevertheless they have been in the market for over 30 years and work very well with the customer not only based on the requirements, they co-develop the module with their customer and the design normally would take years and switching them with new EMS is just quite unlikely.

Posted by ooihk899 > 2023-01-16 11:58 | Report Abuse

Wah, coo ku use think to derive target price lo!!!!! No need calculation one!!!!! Bery advance.
Use your toe to think ar? Wakakakakaka!!!!!!!!

Posted by Value Investor Coo1eo > 2023-01-16 17:57 | Report Abuse

Good points Gen2. Appreciate inputs and arguments.
Uchi will need to adapt to the "new norm" and find ways to grow.
Will just ignore this fly who is clueless.

Posted by newbie8080 > 2023-01-18 19:50 | Report Abuse

Normally, the company subsidiary will have new technology products that will qualify for the pioneer status.
Hopefully, this 1st half 2023 have some new innovation that will qualify an extension.

Posted by ooihk899 > 2023-01-19 14:00 | Report Abuse

Bro, the announcement already stated very clearly. I don't think
there will be any new technology product. But believe the management
will look into ways to improve the company's bottom line. Below are
Part of the announcement dated 12th Jan.


After consideration of the MIDA’s approval, UTB wishes to make further announcement as follows:-

The approved "Design, development and manufacture of configurable presence and distance sensing time-of-flight (CPDS-ToF) technology (“the approved technology”) is currently being adopted in the production of some new products beginning January 2023 for our customers.
Barring any unforeseen circumstances, UTB expects that more than 1/6 of the Group's revenue will be generated from the new products categorized under the approved technology and profit generated will be tax exempted. The profit from the remaining of the Group’s revenue will be taxable at the statutory tax rate of 24%. Thus, the effective tax rate of the Group for the current year is estimated to be higher than the preceding years.
Uchi Opto will also adopt the approved technology into other new products and the effective tax rate for the Group shall improve over time.
In the meantime, Uchi Opto wishes to clarify further that the other 3 Applications submitted were not approved by MIDA and Uchi Opto endeavours to look into new applications for incentives.

Posted by newbie8080 > 2023-01-19 20:28 | Report Abuse

@ooihk899
Bro , I mentioned I'm hopeful that the company will find new innovations that will qualify for a new extension.