SAM ENGINEERING & EQUIPMENT

KLSE (MYR): SAM (9822)

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Last Price

4.11

Today's Change

-0.09 (2.14%)

Day's Change

4.11 - 4.20

Trading Volume

230,600


12 people like this.

4,872 comment(s). Last comment by RonnyWu 2 days ago

pingdan

1,549 posts

Posted by pingdan > 2015-09-29 20:26 | Report Abuse

Icic rohank u sound like the second largest shareholder. I guess you are that indian that suggest alot of thing in the agm.

pingdan

1,549 posts

Posted by pingdan > 2015-09-29 20:28 | Report Abuse

I really dun understand why need borrowing as the company already cash rich. Why need to spend money on borrow another 100mil? For godsake? Too much money why need to pay interest? What is lazy balance sheet you talking in the AGM?

pingdan

1,549 posts

Posted by pingdan > 2015-09-29 20:41 | Report Abuse

Haha i guess when u saying this kind of account can borrow another 100mil, i know you are that second largest shareholder who curi curi collected more tham five percent. No need to hide that you are him. Too obvious that you are that indian

pingdan

1,549 posts

Posted by pingdan > 2015-09-30 10:23 | Report Abuse

haha rohank71, you are "his friend" because you are Siva Kumar. You know about him because you are him. Hahaha

Anyway for my personal preference, I dun like SPAC because i dun know about the business. It is high risk high reward type and i dun like it. But anyway it is personal preference. Not right no wrong.

jonbravo

428 posts

Posted by jonbravo > 2015-09-30 10:23 | Report Abuse

GRAB SOME MORE AT 5.60

Ooi Teik Bee

11,572 posts

Posted by Ooi Teik Bee > 2015-09-30 11:52 | Report Abuse

The price breaks new high today, hopefully.
Thank you.

pingdan

1,549 posts

Posted by pingdan > 2015-09-30 12:49 | Report Abuse

6.03 is historical high b4 dividend. After dividend is 5.72 is the new high. Since today morning it trading at 5.72 so it should consider new high for sam

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-09-30 18:09 | Report Abuse

Happy that this stock is breaking new high....hope can sustain and break 6.00 soon~

Jal 贾彬得

1,563 posts

Posted by Jal 贾彬得 > 2015-09-30 21:39 | Report Abuse

!!! i sold this today morning t3 @rm20 loss!!!

jonbravo

428 posts

Posted by jonbravo > 2015-09-30 22:13 | Report Abuse

Gonna chase again tomorrow. All my cash throw in

Jal 贾彬得

1,563 posts

Posted by Jal 贾彬得 > 2015-09-30 23:51 | Report Abuse

lol i lazy keep thats why lol too expensive for poor me

jonbravo

428 posts

Posted by jonbravo > 2015-10-01 09:38 | Report Abuse

5.75, chase again

Tom

2,984 posts

Posted by Tom > 2015-10-01 11:50 | Report Abuse

good :)

jonbravo

428 posts

Posted by jonbravo > 2015-10-01 12:52 | Report Abuse

5.88 also chased

chl1989

2,552 posts

Posted by chl1989 > 2015-10-01 12:54 | Report Abuse

Salute rambo jonbravo :)

Posted by 股海無涯 > 2015-10-01 12:55 | Report Abuse

Pleaes beat Magni today!

Posted by miss_secret > 2015-10-01 12:59 | Report Abuse

wa, luckily I follow rosmah buy sam and magni~ thanks rosmah!!~~~

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-10-01 13:17 | Report Abuse

SAM the cheapest aeronautical stock in Bursa. Good news on share split gonna out soon

paperplane2

3,235 posts

Posted by paperplane2 > 2015-10-01 13:46 | Report Abuse

Best can be Worst also. only 1, no one to compare

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-10-01 14:11 |

Post removed.Why?

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-10-01 15:41 | Report Abuse

6.00coming

chl1989

2,552 posts

Posted by chl1989 > 2015-10-01 16:09 | Report Abuse

Respected rosmah mansur, the stock will rocket up whenever i see you. Could u plz look at hexza n homeriz? Haha

pingdan

1,549 posts

Posted by pingdan > 2015-10-01 16:18 | Report Abuse

Just cont keep. Next quarter result expected to be eps 30sen from my estimation. Calculation as above:

1/7/2015: USD1=RM3.70
30/9/2015: USD1=RM4.40

USD appreciated by 18.91%

Extra income - 134mil x 10% (assume benefit from appreciation of USD) = 13.4mil - all translate into profit

Last quarter result 13.2mil which equal to eps 15.71sen

If next quarter add back the extra income i translate into eps 31sen!!

Just my opinion

yapie

301 posts

Posted by yapie > 2015-10-01 16:45 | Report Abuse

My hand is itchy now.... should i do something at 6.00........ha....ha.......

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-10-01 16:54 | Report Abuse

great closing 6.00!

LanSeeBoy

69 posts

Posted by LanSeeBoy > 2015-10-01 16:55 | Report Abuse

What's cooking there ? This is a Spore govt co...maybe they are privatizing ?

Ooi Teik Bee

11,572 posts

Posted by Ooi Teik Bee > 2015-10-01 17:07 | Report Abuse

We need to see share split, bonus issue and free warrant, the share price will move up north. The liquidity is not there for this stock.
Hope for the best.
Thank you.

AllWin

782 posts

Posted by AllWin > 2015-10-01 17:17 | Report Abuse

Great closing at 6.00. Unbelievable !!

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-10-01 17:22 | Report Abuse

Share split is on the way...stay tuned TQ

winston1

535 posts

Posted by winston1 > 2015-10-01 17:36 | Report Abuse

Any corporate exercise is good news. Will head towards IV.

Icon8888

18,659 posts

Posted by Icon8888 > 2015-10-01 17:47 | Report Abuse

Wow RM6

What have I done to deserve this ?

: )

paperplane2

3,235 posts

Posted by paperplane2 > 2015-10-01 17:52 | Report Abuse

what? take credit now?>

mudwyx

164 posts

Posted by mudwyx > 2015-10-01 17:52 | Report Abuse

Should have bought more at 5.20.

Posted by taipingbear > 2015-10-01 17:54 | Report Abuse

Haha .......Really Funny ......icon n paper plane .

kenz

181 posts

Posted by kenz > 2015-10-01 17:57 | Report Abuse

Now in uncharted territory. Will see more break thru.

Icon8888

18,659 posts

Posted by Icon8888 > 2015-10-01 18:10 | Report Abuse

Only u r obsessed with claiming credit

For me, that is useless

When come to stock market, the important thing is to make money.

Sochai


paperplane2
1940 posts
Posted by paperplane2 > Oct 1, 2015 05:52 PM | Report Abuse

what? take credit now?>

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-10-01 18:15 | Report Abuse

Icon, dont mix with fools like paperplane. Not your standard.

pingdan

1,549 posts

Posted by pingdan > 2015-10-01 18:37 | Report Abuse

Hevea,magni,vs,liihen already announce or doing bonus issue or share split. Where is SAM bonus issue or share split coming

Icon8888

18,659 posts

Posted by Icon8888 > 2015-10-01 18:41 | Report Abuse

Rosmah I bought some latitude today

I think they potentially can do some split or bonus

paperplane2

3,235 posts

Posted by paperplane2 > 2015-10-01 19:16 | Report Abuse

Well, like I told msny to avoid Frontkn also. Last time PPL making hu hah only Frontkn Taiwan biz lah, this lah tht lah. Finally tumble doen! As its profit affected by oil n gas!

paperplane2

3,235 posts

Posted by paperplane2 > 2015-10-01 19:19 | Report Abuse

As I said earlier, this Sam latest good result due to recovery in manufacturing of HDD, instead of aero related biz. So? Ask itself is it sustainable???

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-10-01 20:03 | Report Abuse

Thanks Icon, I already have many Latitude shares. Very cheaply priced now. I think its turn is very soon. Just need patience same as KESM Magni SIGN POHUAT.

yapie

301 posts

Posted by yapie > 2015-10-01 20:46 | Report Abuse

Latitude really looks attractive now.... i will reduce 10 lots Sam to buy latitude....

paperplane2

3,235 posts

Posted by paperplane2 > 2015-10-01 20:52 | Report Abuse

Adding latitude with so high price now is bad advise to me...

yapie

301 posts

Posted by yapie > 2015-10-01 20:57 | Report Abuse

I reduce position on Sam abit coz now also high price... latitude now is at oversold position... so worth a try... :)

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-10-01 20:57 |

Post removed.Why?

Ayoyo

379 posts

Posted by Ayoyo > 2015-10-01 21:14 | Report Abuse

If one simply reads the qtr report 6/2015, yes, on the surface, sure aerospace division has been stagnant. What you want to look at is between the lines.

Read their last annual report - the rock star themed one where they trumpeted their triumph of gaining a strong foothold into the super high barrier aerospace industry

And then you look at their announcements in end may to August on their website where 4 new orders were given for a total of RM 2 billion + and guess for what division, AEROSPACE !!!

What this means is that this is not reflected in their June 2015 quarter report and they will feature very prominently in the quarters to come.

And finally, pay attention to the Supplier performance award by their customer In June 2015 and you will know that they have achieved quantitative and qualitative excellence in their work. Which means, there can only be more contracts moving forward.

This is a core holding and a definite buy on weakness. If not for Ooi Teck bee fighting for shares with me at the 5 -530 region, I'd easily listed as a top 30 substantial holder with at least 120,000 shares. Now, I just have to content with 62,000 shares

Icon8888

18,659 posts

Posted by Icon8888 > 2015-10-01 21:29 | Report Abuse

Snake spits out venom, that is all it does

Ayoyo

379 posts

Posted by Ayoyo > 2015-10-01 22:38 | Report Abuse

And one last thing, for the contracts mentioned above, the currency announced was USD and exchange rates equivalent were quoted in their announcement at between 3.6 to 4.

With our currency now at 4.45, can you see how much more blind profits they could potentially make just by not having to do anything more?

So, what is there not to like about this company? Maybe, the dilutive iculs. That's a small blip when they have such large and possibly, replenishing order book.

yapie

301 posts

Posted by yapie > 2015-10-01 22:51 | Report Abuse

ha..ha... Rosmah snake don't influence me la...
ok I will not sell SAM first.... perhaps after corporate exercise only consider...... Anyway I still will buy Latitude tomorrow... coz its so looks attractive now...

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