Pity la those bilis. I wish i can teach em basic things abt quarter report. Profit jump so high still afraid and throw money. Wut else can make u confident if such report also u still sell?. Added at some at 5.12
Looks like they want your share certificates. Something good not to share too much. OTB suggestion of bonus issue is not far off. Collect and keep for themsleves and have more in the process?
Slow and steady wins the race. What is most important is that the profit for this company has jumped and they are in a better financial state than previously. If the management is wise enough, they are surely planning to improve the liquidity of KESM shares.
@chasingdreamz u also in yspsah? Mmg cun2 geng la this time. But only park my kancil in yspsah. Kesm Sam is my golden bmw. Might turn into golden lambogini if they continue to perform like this. Haha huat ar!!
1. Cheapest tech stock (still cheapest at today's price), EV/EBIT = 5.3. For high growth stock, fair valuation is EV/EBIT = 12, which means that KESM’s intrinsic value is around RM10.00.
3. KESM is a high growth stock (more importantly, the growth is sustainable). KESM's earning is set to be super impressive, easily increased by a whopping quantum of 100%. This is mainly attributed to the completion of acquisition of the remaining stake (of 34.62%) in its 65.38%-owned subsidiary KESM Test (M) S/B. This said subsidiary’s performances has been the key driver for KESM’s earnings in the past years.
4. Depreciating RM against US Dollar is favouring KESM.
5. KESM is a net cash company. Cash per share is RM2.50. The present expansion into Microcontrollers (higher margins) are being funded internally.
6. KESM’s Share Capital is RM43mil, Retained Earnings are RM207mil. Retained earnings/Share Capitals = 4.8 times, this means KESM can afford to provide at least 4 bonuses for each share held. As shareholders, we naturally want the management to seriously consider giving out bonuses, given that the company has shown the growth in both its earnings and share prices in the past year. What has still not grown is its liquidity which has been preventing the participation of Institutional Investors. KESM’s management has already been made aware of this via multiple letters, and I was told CEO Samuel Lim is set deliver a decision on the said matter in the AGM on 14-1-2016. He would probably like to gather responses from the floors in the AGM before passing a decision (either yes/no & if yes, when the bonuses will be granted). Any shareholders with the right mind would sure vote for the approval for bonuses.
Previously, on Nov. 19 (Thurs) price opened at 5.00, went to 5.36 high and closed at 5.26.. Then, on Nov. 23 (Monday) hit high at 5.48 to close at 5.42.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
BearbearDrop
528 posts
Posted by BearbearDrop > 2015-11-24 23:49 | Report Abuse
Tomorrow our great 2.6 billion fund manager will come to clear the cloudy stage
Don't believe the insider can beat his infamous fund manager