Posted by Ven Felix > 2016-03-04 00:50 | Report Abuse

[ D&O, Q42015 ...Commentary on Prospects ]
The overall business environment is expected to remain challenging in 2016 brought about by the global economic malaise, currency turmoil and demand-supply imbalances. The highly price sensitive consumer segment will likely continue to experience slower demand growth
and price erosion. Despite the difficult market environment, management believes the Automotive Segment will remain a growth area for the Group, underpinned by rising LED adoption in the exterior lighting and interior display applications, opportunity for Dominant to increase its market share and relative price stability. Management will continue with its strategy of focusing on strengthening its position in the Automotive Segment while reducing its exposure to riskier Non Automotive Segment.

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=190194&name=EA_FR_ATTACHMENTS

Posted by Ven Felix > 2016-03-04 00:52 | Report Abuse

[ JHM,,,Review Of Performance 2015 ]
For the quarter ended 31 December 2015, the Group recorded revenue and profit before tax of RM40.01 million and RM4.21 million respectively. These represent improvement of 98.88% inrevenue and 50.94 times in profit before tax as compared to the corresponding period ended 31 December 2014. For the financial year ended 31 December 2015, the Group recorded revenue and profit before tax of RM131.72 million and RM9.00 million respectively. These represent improvement of 83.38% in revenue and 6.18 times in profit before tax as compared to financial year ended 31 December 2014. The increase in revenue was mainly due to higher
volume loadings from existing customers. Besides, the Group has also secured new customers during the financial year ended 31 December 2015 which contributed a total sales of RM
23.81 million or 18.07% of the Group total revenue.

Posted by Ven Felix > 2016-03-04 00:55 | Report Abuse

[ Commentary On Prospects,,,,,, Jing Heng Monkey Group xD ]
With the improvement of demand in automotive industry and the expansion of production capacity by the Group, the board remains optimistic of achieving satisfactory performance in financial year 2016.

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=190640&name=EA_FR_ATTACHMENTS

Posted by pelaburuntung > 2016-03-08 13:35 | Report Abuse

what happen to this counter?

Posted by VenFx > 2016-03-12 00:27 | Report Abuse

. . . . . . . . JING HENG MONKEY ALL-IN, AUTOMOTIVE H.B. LED DUE TO THE FOLLOWINGS :-

http://www.palomartechnologies.com/blog/bid/80740/Automotive-Laser-Diodes-Soon-to-Light-Up-the-Road

Several car companies have switched to High-Brightness LEDs (HB LEDs) because these widgets require less energy, offering the possibility of extended vehicle BATTERY life. ( Save it )

> This Cool :)
Some preliminary studies showing an efficient HB LED headlamp system can extend a vehicle’s range by nearly.......................................... six miles (9.5 km).

( Light ! Where you want it on the road and not in opposing driver’s eyes) and light color temperatures can be tailored to enhance night vision. > ( Big like ! )


WITH this so much to offer, there is no way my monkey will Zzz ,,rite ? ~'~ :)

Posted by DaitoRyu > 2016-03-17 10:54 | Report Abuse

No idea whats wrong with this stock, persistently dropping, yet everything appears to be in place for it to increase for some time. I guess I called this one wrong.

Posted by bagus > 2016-03-17 14:03 | Report Abuse

if ur little bro can go up at nite, good enuf leh!

Posted by DaitoRyu > 2016-03-17 15:05 | Report Abuse

wtf is that supposed to mean?
The seagulls are gathering on the shore!

Posted by DaitoRyu > 2016-03-18 16:40 | Report Abuse

I bought a lemon, with this one.

Posted by Ven Felix > 2016-03-18 20:27 | Report Abuse

D&O , worthy for at least 0.39 ; waiting for the catalysts .

Posted by DaitoRyu > 2016-03-20 20:52 | Report Abuse

I ain't buying anymore of this stuff, I'm done, its a lemon.

Posted by Jolin Lai Chi Pet > 2016-03-22 18:59 | Report Abuse

not lemon, it is a Durian.............

Posted by Jolin Lai Chi Pet > 2016-03-22 19:00 | Report Abuse

durian runtuh!!!!!!!!!!

Posted by DaitoRyu > 2016-03-24 15:27 | Report Abuse

Not sure what a runtuh means, but sometimes durian has gold inside, yummy gold, unlike D&O

Posted by ffforever > 2016-04-01 20:47 | Report Abuse

Heard that this counter flying soon, true ah

Posted by msiaboleh > 2016-04-04 09:42 | Report Abuse

DaitoRyu, what does lemon mean? I hv been holding this stock(px 35sen) for the last 6months.

Posted by Ven Felix > 2016-04-04 16:56 | Report Abuse

How RM Power up, JHM profit :-

Let's take the 4th qtr 2015 as sample.
Rm has been improved from $4.39 - 4.29 ( +10 cents), over a duration of 1 qtr.
So, as on 03/04/16 Rm has improved significantly from $4.29- $3.90 (+30 cents).
Could we multiply the times factor of ( 30÷10) x $848 k .Meaning to say , JHM a beneficiary from Rm strengthening and will boost the nxt qtr results by $2.5mil plus given its net profit for their nxt qtr by another $2.20mil.

So, (1qtr2016) will be;
$4.70mil/123mil share = $0.038 eps; for 1qtr2016.
Let's conservatively apply a x8p.e. ;
$0.038 x 4qtr x 8 = $1.22 annualised fair value.
(Sustainable through it's qtr to qtr secured orders from Nort America)

Haha,,,, let's do it together, Let's JingHengMonyet balloon your bank a/c.

Posted by DaitoRyu > 2016-04-05 16:02 | Report Abuse

msiaboleh, its a term used to describe something that's unsatisfactory.....Or not good, sour even.
If you buy a car that's a lemon, it really is crap!

Posted by Richard Cha lin koo > 2016-05-07 13:07 | Report Abuse

forget this rubbish and move to other good stocks

Posted by III > 2016-07-05 11:56 | Report Abuse

starting to rebound?

Posted by kentrade888 > 2016-08-01 10:56 | Report Abuse

车用LED商机大‧D&O绿科钱景看俏
车用发光二极管（LED），你不可不知的新篮海。配合绿色改革，更环保的LED灯管近年迅速崛起，逐渐取代原有光源，被广泛应用于各层面，这趋势替LED制造商带来巨大商机。
车用发光二极管（LED），你不可不知的新篮海。

广告

配合绿色改革，更环保的LED灯管近年迅速崛起，逐渐取代原有光源，被广泛应用于各层面，这趋势替LED制造商带来巨大商机。

在LED发展进程中，灯源需求庞大的汽车业是焦点所在，亦是发展潜能最充沛的领域之一，原因是外用LED渗透率仍低、且预计会在未来几年迅速成长。

看上述引言，就知道本期《股海捞月》要分享的公司与LED有关。没错，这家公司正是苦尽甘来、卯足全力开发车用LED商机中的D&O绿科（D&O，7204，主板科技组）。

2004年在马股第二交易板上市、但两年后顺利转主板的D&O绿科，核心业务原本是为半导体业者提供合约制造服务，但考量长期经营不易，管理层后来决定淘汰该业务，转攻潜能更庞大的LED市场。

起初，D&O绿科在LED市场主攻车用和消费类LED，惟因消费类LED产品竞争过于激烈，该公司近年决定集中火力猛攻发展潜能更佳的车用LED市场。

广告

车用LED占总营收79%

几经努力，车用LED如今已是D&O绿科的最主要营业额来源，截至2016年首季占总营业额79%，其余营业额则由消费类LED贡献。

转型成LED专家过程中，D&O绿科持股61.84%的子公司——统明亮光电科技公司（Dominant Opto，下称统明亮），扮演了最关键角色。

成立于2000年的统明亮是家专精于LED科技的公司，也是全球主要LED供应商之一，D&O绿科是在2005年透过转换优先股，崛起成统明亮最大股东，然后在2008年进一步增加持股，让统明亮成为其子公司。

从合约制造服务转型成全方位LED供应商，D&O绿科苦耕多年后，转型成果终于在近几年显现；资料显示，在完全转型为LED供应商后，D&O绿科业绩在2011至2015年期间明显改善。

营收4年劲扬154%

在2011年，D&O绿科营业额只有1亿7067万令吉，但经连续4年成长后，营业额在2015年攀升至4亿3311万令吉，4年里劲扬154%。此外，2015年净利报1756万令吉，对比2011年的324万5000令吉净亏损也明显好转。

更重要的是，D&O绿科的业绩好景仍在继续。在2016年首季，D&O绿科营业额按年成长7%至9753万令吉，净利则报167万7000令吉，按年涨238%，若非马币转强带来187万令吉外汇亏损，首季业绩将更强劲。就现有资料分析，车用LED业务显然已成为D&O绿科业绩的信心保证。

统计过去3年数据，D&O绿科旗下车用LED业务营业额从2012年的1亿2180万令吉，大幅增至2015年的2亿7620万令吉，年均复合成长率（CAGR）高达惊人的31.38%。

今年首季，车用LED业务营业额成长率仍高达23%，显示车用LED业务的高成长趋势仍在持续中。

新篮海：外用LED

当今商界红海一片，车用LED强势崛起固然值得期待，能否久持却也是问号；但据《股海捞月》观察，车用LED除商机巨大，更会是个中长期趋势，相信这是D&O绿科积极抢攻的原因。

车用LED市场可分为内用和外用两种；内用是指应用于车内照明的一切光源，外用则是供照明、发讯号等的光源，包含大灯、小灯、远光灯、车尾灯、讯号灯等。

目前最惹人注目的，即被视为新篮海的外用LED市场。

研究机构LED inside在最新研究报告中估计，2016年全球汽车业的外用LED市场规模预计达15亿7000万美元（近64亿令吉），且未来4年预计可取得6%年均复合成长率。

LED之所以成为新趋势，原因是其节能、耐用和环保特点，符合当代绿色改革趋势，自然成为节能车不二选择。另外，LED灯时髦美观的造型也让其深获中高级汽车的青睐，渗透率节节攀升。

研究机构估计，LED车头灯的渗透率在2015年只有区区5至6%，但估计会在在2020年时大增至15到20%之间，成长潜能可见一斑。而且，由于LED是取代传统灯源的存在，对汽车销量放缓的免疫力相对高，只要传统灯源持续被转换至LED灯源，业者中短期内都无须为成长动力发愁。

业务涵盖亚洲欧美

更重要的是，汽车业外用LED的科技门槛相对高，让那些提前入市的LED业者享有一定优势，D&O绿科就是其中之一，除成功占有一席地，还在去年引进台湾LED巨擘晶元光电（Epistar）成为旗下统明亮的策略伙伴，巩固领域地位。

现有布局来看，只要全球车用LED市场持续成长，业务涵盖亚洲和欧美的D&O绿科料会是受惠者之一，这是我们认为该公司未来值得注意的关键点。

股价回调更诱人

晶元光电去年10月宣布入股统明亮后，D&O绿科股价便应声走高，同年11月最高曾上探43仙，惟因后来再无重大消息问世，加上上半年市况低迷，股价陷入回调。截至上周五，D&O绿科今年至今已跌19.2%。

不过，以大众研究对该公司的分析作准，股价回调后的D&O绿科反而显得加倍诱人，其基本面仍在进步中。

盈利料成长40%

大众研究在1月杪发布的分析报告中说，在产能扩张和美元走强带动下，D&O绿科未来两年料可取得30至40%盈利成长，其持有61.84%股权的统明亮更是价值不菲。

“晶元光电是耗6500万令吉认购统明亮10%股权；由此推算，统明亮的价值达6亿5千万令吉，单是D&O绿科持有的统明亮股权，价值就高达每股39仙，甚至比D&O绿科本身的股价还要高。”

手握1200万净现金

另外，D&O绿科也持有约1200万令吉净现金在手，营运现金流也不俗，财政极稳健。

大众以综合估值（SOP）模式，算出D&O绿科的合理价为47仙；对比截至上周五的29.5仙闭市价，上升空间为59%，风险回酬比较今年初改善不少。

《股海捞月》发现，马股2家涉足LED相关业务的公司——MMS创投（MMSV,0113,创业板科技组）和捷铵科技（JHM,0127,创业板科技组），股价都在近期大涨。前者在7月期间谷底反弹25%，后者则在过去两个月翻涨一倍。

同行凯歌频传，作为马股最大LED生产商的D&O绿科，春天还远吗？或许，答案可在本月公布的第二季业绩中找到。

D&O绿科最新档案
上周五股价：29.5仙
每股净资产：18.69仙
总资产：4亿2028万令吉
现金：6276万令吉
总负债：1亿5112万令吉
贷款：5064万令吉
股本：9亿8805万股（面值10仙）
大股东：吴氏家族（43.8%）

《股海组合》趋强

国家银行（BNM）意外降息让马股回勇，让组合表现在7月趋强，取得2.65%回酬。

其中，遍视利（PENSONI，9997，主板消费品组）上周公布了不俗的第四季业绩，加上派息3仙，股价迎来反弹。

踏入8月，剩余4家公司将陆续公布业绩，如无意外料能一如既往般有利可图，继续“稳中求胜”。



声明：股海捞月和股海组合提供的资料只供参考，志在助投资者认识一些不获证券行重视的小型股和追踪相关股后续表现，不是买卖建议。任何投资决定，还请先征询专业股票经纪的意见，盈亏自负。

文章来源：
星洲日报‧投资致富‧股海捞月‧文：李三宇‧2016.07.31

Posted by VenFx > 2016-08-01 14:22 | Report Abuse

Poised to test 0.345 soonly .

Posted by i4investor > 2016-08-01 16:16 | Report Abuse

D&O - Getting stronger from automotive market


http://aimthebull.blogspot.my/2016/05/d-getting-stronger-from-automotive.html

My 5 simple steps will lead me to simple but effective value investing. My way to minimise the risk and maximise the gain.

Step 1: Check the PNL. Profit? Potential turnaround to profit?

Aim the bull: Profit growing with higher sale mainly from better margin automotive product sales pipeline. As automotive product required more stringent quality level, therefore is not easy for competitors to come into the business to share the cake. As D&O already successful penetrate into this market, this will be sustainable income for next few years.
Score : 1

Step 2: Check the cash flow. Where is the money generate? Where is the money go?

Aim the bull: After cash received from Epistar (big LED coy) to join development together, company cash level improved but still is not net cash company. Cash mainly spend on machines and R&D project. My thinking, R&D is very important spending to move company forward. If company is keeping at same position is equal to waiting to game over.

Score: 1

Step 3: Check the Balance Sheet. Is it only left the shit (e.g debt)? Cash status? Retained earnings for potential bonus issue? NTA vs price? Fair value vs price vs NTA?

Aim the bull: Price trading at above NTA. Cash and debt at manageable level. Mainly PE play. The continue profitable and positive cash flow is under monitoring by Aim The Bull.

Score:0

Step 4: Check the price status? Which wave? Uptrend? Downtrend? Consolidation? At peak? Measurement of margin of safety?

Aim the bull: Still in downtrend process. Price now trading at 0.30. Worth to close monitoring. My way is don't chase the high or the peak. Go search any stock with high chance to rebound. D&O can be the next, and need a better financial result to trigger it rebound.

Score: 0.5 as I'm not sure 0.30 is bottom.

Step 5: How is the outlook of the existing business and any potential sales pipeline?

Aim the bull: I like Green tech business. I monitor D&O because the automotive LED business outlook is very promising as now many new cars start to change conventional car light to LED light due to its lower power consumption, therefore this is a sun rise business and with attractive margin.
Score: 1

If score 1 or 2 points...forget it
If score 3 points...monitor closely
If score 4 points...collect slowly
If score 5 points...full force...sai lang

Overall 3.5 points...the risk is the price might not bottom reaching yet and fluctuation of techno business cycle.

Posted by i4investor > 2016-08-01 16:16 | Report Abuse

JHM moving upward
D&O moving downward
Both making profit in LED market but stock price reflect differently.
Therefore, I will consider D&O is an opportunity for me to futher collect.
1st batch 0.30 25%
2nd batch 0.27 25%
3rd batch 0.25 50%


http://aimthebull.blogspot.my/2016/06/automotive-led-market-jhm-and-d.html

Posted by DaitoRyu > 2016-08-02 16:38 | Report Abuse

Well well well, there may be life in this lemon yet and I might even have some money left over, for a couple of packets of maggi mee.

Posted by DaitoRyu > 2016-08-02 16:48 | Report Abuse

Year end results for D&O are apparently going to be very very strong now everyone wants LED tech in their vehicles, might be worth hanging onto for a few months.

Posted by tham chin fatt > 2016-08-06 11:27 | Report Abuse

[生活投资]不知道大家有没有发现越来越多新的车款开始改为使用LED车灯，这又和大马股市有何关系？
http://life1nvest.blogspot.my/

Posted by VenFx > 2016-08-11 18:55 | Report Abuse

Getting Stronger....

Posted by jenson68 > 2016-08-19 08:36 | Report Abuse

Accumulate now as organic growth counter.....股海遗珠

Posted by kentrade888 > 2016-08-24 09:45 | Report Abuse

Date Financial
Year No. Financial
Quarter Revenue
(RM,000) Profit Before
Tax (RM,000) Net Profit
(RM,000) Earning
Per Share (Cent) Dividend
(Cent) NTA
(RM) Download
Report
25/05/2016 31/12/2016 1 31/03/2016 97,533 3,806 1,677 0.17 0.00 0.187 Malaysia Stock - KLSE Quarter Report History 238%
24/02/2016 31/12/2015 4 31/12/2015 106,961 4,081 2,057 0.21 0.00 0.188 Malaysia Stock - KLSE Quarter Report History 1458%

Posted by Sebastian Sted Power > 2016-08-24 10:26 | Report Abuse

CAN BUY

Posted by John1234 > 2016-08-29 22:09 | Report Abuse

Last quarter's result:
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5191513

Posted by fhis > 2016-09-02 11:55 | Report Abuse

time to move d

Posted by fhis > 2016-09-02 12:25 | Report Abuse

hopefully will have some show this afternoon

Posted by fhis > 2016-09-05 12:06 | Report Abuse

d&o...wake up

Posted by fhis > 2016-09-08 02:08 | Report Abuse

beautiful base building...starting to move up..should be tomorrow...

Posted by fhis > 2016-09-09 15:29 | Report Abuse

today is ur day...go d&o

Posted by fhis > 2016-09-13 15:53 | Report Abuse

bila nak naik......??

Posted by Follower178 > 2016-09-14 17:19 | Report Abuse

GG.com

Posted by fhis > 2016-09-21 12:16 | Report Abuse

ada mahu naik sikit?

Posted by fhis > 2016-09-23 14:39 | Report Abuse

volume and price looks good...rebounding...

Posted by fhis > 2016-09-23 16:52 | Report Abuse

come come...

Posted by telephone > 2016-09-23 17:02 | Report Abuse

This counter is unpredictable....

Posted by John1234 > 2016-09-23 17:26 | Report Abuse

Chart-wise, it breaks its immediate resistance at 33 sen with high vol...

Posted by smetrader > 2016-09-24 18:16 | Report Abuse

Now is time to buy

Posted by fhis > 2016-09-26 15:43 | Report Abuse

go go.....continue to previous high

Posted by fhis > 2016-09-26 16:56 | Report Abuse

more to come tomorrow...

Posted by John1234 > 2016-10-01 15:14 | Report Abuse

33 sen is the resistence-turned-support level. If this price can hold, then it will be able to go higher. Or else, it will fall back to previous levels.

Posted by kentrade888 > 2016-10-03 11:19 | Report Abuse

Why share prices will not rise

Posted by buyorsell > 2016-10-04 16:37 | Report Abuse

BUYYYY