SIGNATURE INTERNATIONAL BHD

KLSE (MYR): SIGN (7246)

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Last Price

1.49

Today's Change

0.00 (0.00%)

Day's Change

1.48 - 1.50

Trading Volume

1,137,800


2 people like this.

4,214 comment(s). Last comment by CosmosAtom 2024-07-17 12:11

cheeseburger

2,870 posts

Posted by cheeseburger > 2016-07-04 10:26 | Report Abuse

special div payment date

soros228

2,039 posts

Posted by soros228 > 2016-07-04 10:29 | Report Abuse

:)

cheeseburger

2,870 posts

Posted by cheeseburger > 2016-07-08 21:13 | Report Abuse

http://www.marketwatch.com/story/us-economy-adds-287000-jobs-in-june-2016-07-08?mod=MW_story_top_stories

US economy big jump in job creation.

Coming monday will be another great trading day...;)

Posted by Sebastian Sted Power > 2016-07-12 12:31 | Report Abuse

After got 10cents DIV then buy again 97-98cents

apa lagi you mau?

datasonic

921 posts

Posted by datasonic > 2016-07-18 17:55 | Report Abuse

can buy?

nomadmy

92 posts

Posted by nomadmy > 2019-12-12 10:02 | Report Abuse

Its good time to go in.

Posted by Lincorn Matthieu Seven > 2016-07-20 09:44 | Report Abuse

walao wah-sign!

datasonic

921 posts

Posted by datasonic > 2016-07-20 11:53 | Report Abuse

still can go in ... any comments on why can buy?

Ultramen

338 posts

Posted by Ultramen > 2016-07-20 13:30 | Report Abuse

of course still can buy in, the most undervalue stock in bursa. haha~

moneykj

6,141 posts

Posted by moneykj > 2016-07-20 13:46 | Report Abuse

Wait for good news from Bank Negara

datasonic

921 posts

Posted by datasonic > 2016-07-20 15:13 | Report Abuse

moneykj...
why bank negara?
any related with the furniture company?

peishan16

73 posts

Posted by peishan16 > 2016-07-20 16:37 | Report Abuse

wat good news from bank negara?

moneykj

6,141 posts

Posted by moneykj > 2016-07-20 17:07 | Report Abuse

Bank Negara will loosen their control on housing loan in these 2 months.

paperplane2016

21,659 posts

Posted by paperplane2016 > 2016-07-20 17:19 | Report Abuse

After our recent meeting with management, we are upbeat that the job
market remains healthy for Signature. This is despite its chance in winning
Country Garden’s Danga Bay project has diminished. Besides RM22mn new
jobs secured recently, management is confident in securing several other
projects worth RM60mn over the next 3 months. Valuation wise, the stock is
currently trading at appealing 6x CY17 EPS. If we reduce the stock price by
the projected net cash amount of 24.7sen/share, the PE will drop further to
unreasonably low levels of some 4.6x. Maintain Buy

paperplane2016

21,659 posts

Posted by paperplane2016 > 2016-07-20 17:19 | Report Abuse

Secured RM22mn new jobs; More to come
According to management, Signature secured a few letters of awards for kitchen
and wardrobe systems worth RM22mn between March and May. These projects
have boosted the company’s order book to RM165mn as at May-16. Jobs are
aplenty in the Klang Valley for the company as there are several key property
developments, which have reached the advance stage of construction. Letters of
awards from these developments can be expected within the next 2-3 months.
When asked specifically about the potential contract sums, management guided
that it would be approximately RM60mn for 4 to 5 projects

paperplane2016

21,659 posts

Posted by paperplane2016 > 2016-07-20 17:24 | Report Abuse

As we had highlighted earlier (please refer to our report dated 30 March 2016),
the company has been invited to bid for phase 3A, which comprises 539 units of
kitchen systems. We understand from management that the bidding process is
on-going and the letter of award can be expected in 1H17. However, it is a
positive surprise that Signature had also been asked to bid for Battersea Phase
2. To recap, Signature was not invited in the first-round of tendering process.
Assuming kitchen jobs of RM50,000 per unit, the potential contract sum for
Battersea Phase 2, which consists of 255 units of apartments, could be worth up
to £2.3mn.

paperplane2016

21,659 posts

Posted by paperplane2016 > 2016-07-20 17:26 | Report Abuse

Signature has concluded the land sale and received payment of RM80mn from
the state government for the disposal of a piece of land at Kota Damansara. Also,
it had paid out 10sen/share as special dividend to shareholders on 4 July 2016.
The land sale will give rise to a lumpy disposal gain in the upcoming 4QFY16
results. Furthermore, it is expected to boost the company’s net cash position.
We estimate, disposal proceeds (RM80mn) and sale of property (est. RM3mn)
minus dividend payable (RM23.6mn) and share buyback in June (est. RM0.9mn)
would add additional RM58.5mn cash to its existing cash pile of RM0.7mn in
Mar-16. This is equivalent to net cash of RM24.7sen/share. Note that Signature
also disposed a couple of investment properties for RM3mn in 4QFY16.

paperplane2016

21,659 posts

Posted by paperplane2016 > 2016-07-20 17:27 | Report Abuse

Although FY16 core profit is expected to suffer from the slowdown in progress
billing, we remain confident on the group’s FY17 earnings given the sizable
amount of RM165mn order book and RM400mn tender book as at May-16.
Valuation wise, we maintain our target price at RM1.62/share, based on 10x
CY17 EPS. Signature is currently trading at a forward CY17 PE of 6x. If we reduce
the current share price by the projected net cash amount of 24.7sen/share, the
forward PE will drop further to unreasonably low levels of some 4.6x. Maintain
Buy.

soros228

2,039 posts

Posted by soros228 > 2016-07-20 18:19 | Report Abuse

Ah plane where u get source from ? Thanks.

paperplane2016

21,659 posts

Posted by paperplane2016 > 2016-07-20 18:37 | Report Abuse

TA report. Latest updated one. Good report as they met management direCtly and get latest news

OPMS

1,183 posts

Posted by OPMS > 2016-07-20 18:39 | Report Abuse

TQ ah plane.. hehe

soros228

2,039 posts

Posted by soros228 > 2016-07-20 20:05 | Report Abuse

Ah plane thanks. Kindly share the link pls. Thanks.

datasonic

921 posts

Posted by datasonic > 2016-07-20 20:16 | Report Abuse

tomorrow will go up again?

naruko

338 posts

Posted by naruko > 2016-07-20 20:21 | Report Abuse

do note that the profit might only can be seen on FY17, and this is just the estimation
don't over confident or put everything into one counter, adjust your portfolio

paperplane2016

21,659 posts

Posted by paperplane2016 > 2016-07-20 22:34 | Report Abuse

Yeah. Portfolio. Look under bursa for the TA report. Many good report.

vews08

494 posts

Posted by vews08 > 2016-07-20 23:01 | Report Abuse

Not the time yet. Normally for sign, quarter ended 30.6 , financial results not so good one

moneykj

6,141 posts

Posted by moneykj > 2016-07-21 00:23 | Report Abuse

Ya lo.. wait Aug results out. See how bad is it. Wait Nov results out, see how good is the results. Wait the n see the chart. Sui sui n indicators all positive. After that see Ah Plane best friend Icon promote in i3. After all, then only buy. 1.50, not that high what...kiki..

Ultramen

338 posts

Posted by Ultramen > 2016-07-21 10:51 | Report Abuse

ya, don't buy now.
Wait for confirm bullish on this counter then only buy in @ 1.3~

moneykj

6,141 posts

Posted by moneykj > 2016-07-22 11:39 | Report Abuse

See after lunch move or not.

Ys Gan

41 posts

Posted by Ys Gan > 2016-07-25 12:48 | Report Abuse

7246 SIGN SIGNATURE INTERNATIONAL BHD
Notice of Shares Buy Back by a Company Pursuant to Form 28A
Date of Buy Back : 20/06/2016 to 24/06/2016
No. of Shares Purchased : 400,000 shares
Minimum Price Paid For Each Share Purchased : RM 0.950
Maximum Price Paid For Each Share Purchased : RM 0.985
Total Amount Paid For Shares Purchased : RM 394,568.85
Shares Were Purchased Through : Bursa Malaysia Securities Berhad
No. of Shares Purchased Retained in Treasury : 400,000 shares
Total No. of Shares Retained in Treasury : 4,358,600 shares
No. of Shares Purchased Which Were Cancelled : 0 shares
Total Issued Capital as Diminished :
Date Lodged With Registrar of Company : 30/06/2016
Lodged By : Boardroom Corporate Services (KL) Sdn Bhd
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

salman

1,582 posts

Posted by salman > 2016-07-27 10:20 | Report Abuse

YS Gan, how will this effect Sign?

limiklimik

177 posts

Posted by limiklimik > 2016-07-27 13:16 | Report Abuse

Yes, it would be nice to understand the impact of a share buyback on the price? Anyone?

leelc99

871 posts

Posted by leelc99 > 2016-08-01 16:21 | Report Abuse

Wait for Sign to meletup wait until old. Neck also looooong.

limiklimik

177 posts

Posted by limiklimik > 2016-08-01 18:38 | Report Abuse

SIGN is officially my most boring counter.

leelc99

871 posts

Posted by leelc99 > 2016-08-01 23:08 | Report Abuse

Same brother! HAHAHA!

moneykj

6,141 posts

Posted by moneykj > 2016-08-01 23:38 | Report Abuse

Patient is the key

paperplane2016

21,659 posts

Posted by paperplane2016 > 2016-08-01 23:52 | Report Abuse

Capital overflows! China big fund comIng!

limiklimik

177 posts

Posted by limiklimik > 2016-08-02 09:53 | Report Abuse

Maybe, if I go into a coma today, I will wake up and SIGN is trading at RM5.00 level...ZZZZZzzzzzz

dasteam

3 posts

Posted by dasteam > 2016-08-03 14:37 | Report Abuse

Bila mau fly ni,,,lama sgt panas enjin

dusti

2,404 posts

Posted by dusti > 2016-08-05 09:45 | Report Abuse

105 by 5?

limiklimik

177 posts

Posted by limiklimik > 2016-08-05 18:41 | Report Abuse

its one of those slow and steady companies

soros228

2,039 posts

Posted by soros228 > 2016-08-05 18:46 | Report Abuse

Forbes listed company.
Good company.

Ben Gan

7 posts

Posted by Ben Gan > 2016-08-08 09:27 | Report Abuse

Up up up

MrNg

6 posts

Posted by MrNg > 2016-08-08 09:53 | Report Abuse

Up up up

moneykj

6,141 posts

Posted by moneykj > 2016-08-08 23:07 | Report Abuse

Not far away

Ultramen

338 posts

Posted by Ultramen > 2016-08-10 13:22 | Report Abuse

no volume

moneykj

6,141 posts

Posted by moneykj > 2016-08-11 14:57 | Report Abuse

We can see they are doing something..

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