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

optimus9199

2,794 posts

Posted by optimus9199 > 2016-05-30 23:05 | Report Abuse

June will give special dividend

HuatRex

2,617 posts

Posted by HuatRex > 2016-05-31 12:49 | Report Abuse

Sam will be coming back

mjy88

146 posts

Posted by mjy88 > 2016-05-31 13:30 | Report Abuse

Temasek has converted 39.5 million units of loan stock into shares. I believe there are more to come.

Posted by Wong Chie Kiong > 2016-05-31 20:10 | Report Abuse

39.056*2.10=83.056m.. All converted .. Waiting for dividend :)

optimus9199

2,794 posts

Posted by optimus9199 > 2016-05-31 20:19 | Report Abuse

Can anyone pls explain, why conversion of ICULS to mother shares will generate more dividends to the share holders? TQ

soojinhou

869 posts

Posted by soojinhou > 2016-05-31 20:28 | Report Abuse

No cash is needed for the conversion of ICULS. Temasek already paid RM135m for the ICULS, the ICULS can be redeemed at RM2.1 ICULS nominal value for each SAM share. RM2.1 refers to the amount Temasek already paid so there is no cash injection. Please refer to the announcement on 24/8/2012 for ICULS details.

Up_down

4,346 posts

Posted by Up_down > 2016-05-31 20:35 | Report Abuse

Soojinhou. You are right. My mistake. ....anyway, with RM 170 million in the bank, paying 50 cents dividend is not an issue to SAM since it requires RM 45 million only for the payout.

optimus9199

2,794 posts

Posted by optimus9199 > 2016-05-31 20:36 | Report Abuse

Then, why must we be happy when Temasek converted its ICULS to Mother?

Which also means this conversion will dilute the EPS of SAM further?

mjy88

146 posts

Posted by mjy88 > 2016-05-31 21:29 | Report Abuse

Loan stock entiltles a much lower dividend compared to mother share. So as a sound investor, Temasek would definitely take this step to have more profit to the holding company. No doubt, the number of shares increases and will cause a dilution in EPS, but if they make good use of the injected fund to execute their business plans, the dilution will only be temporary.

Up_down

4,346 posts

Posted by Up_down > 2016-05-31 22:56 | Report Abuse

Dividend is more appealing than interest earned from iculs in SAM case. No point holding iculs since the default risks is very low until the expiry conversion date. Temasek won‘t be able to enjoy higher returns when the company has announced higher dividends.

Up_down

4,346 posts

Posted by Up_down > 2016-05-31 23:28 | Report Abuse

we usually take diluted EPS to work out PER for conservative reason. It doesn't matter whether the holders of iCULs convert or let it stay until the expiry date.

optimus9199

2,794 posts

Posted by optimus9199 > 2016-06-01 00:50 | Report Abuse

I am still blur on how the presence of Temasek and with them converting their ICULS to mother shares will benefit us. Can someone pls explain in lay terms ?

ahjib88

123 posts

Posted by ahjib88 > 2016-06-01 09:21 | Report Abuse

Congrat to ALL SAM shareholder, Temasek is bullish on SAM future.

Posted by hoongwei > 2016-06-01 09:54 | Report Abuse

Temasek's ICULS conversion is not beneficial to us shareholders - this dilutes the dividend per share. But luckily, according to the Star article, there is higher profit this year to give higher dividend than last year, maybe 40 sen even though larger share base. If not for the ICULS conversion, we could be getting 64 sen.

Posted by dannytansionkee > 2016-06-01 15:18 | Report Abuse

Bought 1000 lot at RM6.5- RM6.55.

optimus9199

2,794 posts

Posted by optimus9199 > 2016-06-01 21:59 | Report Abuse

someone just bought chicken feed but wana crow loud...

Icon8888

18,659 posts

Posted by Icon8888 > 2016-06-01 21:59 | Report Abuse

Ha ha I know who u r

optimus9199

2,794 posts

Posted by optimus9199 > 2016-06-01 23:30 | Report Abuse

HAHAHA....a frog?

angiechai

55 posts

Posted by angiechai > 2016-06-02 09:36 | Report Abuse

how much did Temasek actually paid for SAM with their ICULS? .... Can some sifus pls help enlighten me.

Up_down

4,346 posts

Posted by Up_down > 2016-06-02 10:17 | Report Abuse

FA (growth stock) + FA (up trend) + PER low + Good Dividend + Temasek back-up = 搖錢樹. Simply whack only.

FairTalk

376 posts

Posted by FairTalk > 2016-06-02 10:34 | Report Abuse

This counter is gaining momentum !

bearbear11

241 posts

Posted by bearbear11 > 2016-06-02 11:01 | Report Abuse

Buy as long as below RM7.

Posted by dfsbipohsch > 2016-06-02 11:05 | Report Abuse

any good news

winston1

535 posts

Posted by winston1 > 2016-06-02 11:52 | Report Abuse

Will hit at least RM7.00 before announcement of dividend. Good to collect.

optimus9199

2,794 posts

Posted by optimus9199 > 2016-06-02 16:48 | Report Abuse

since when muscle join this group? u already vacated HLInd liao? waakakak

Tom

2,984 posts

Posted by Tom > 2016-06-02 16:51 | Report Abuse

muscle 你真善变
(我有时也是 xD )

FairTalk

376 posts

Posted by FairTalk > 2016-06-02 17:04 | Report Abuse

Wow what a strong performance put up by SAM for today !

Posted by dfsbipohsch > 2016-06-02 17:12 | Report Abuse

tow continue

optimus9199

2,794 posts

Posted by optimus9199 > 2016-06-02 18:49 | Report Abuse

haha....TOm

rohank71

913 posts

Posted by rohank71 > 2016-06-02 22:30 | Report Abuse

very strong close. technically very strong, broke major resistance at 6.80. next resistance 7.40? can anyone confirm.

rohank71

913 posts

Posted by rohank71 > 2016-06-02 22:37 | Report Abuse

very strong close. technically very strong, broke major resistance at 6.80. next resistance 7.40? can anyone confirm.

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-06-02 22:40 | Report Abuse

From below RM6 to now RM6.85, congratulation to those still holding SAM!!!

optimus9199

2,794 posts

Posted by optimus9199 > 2016-06-02 22:50 | Report Abuse

so muscle is bangsat?

rohank71

913 posts

Posted by rohank71 > 2016-06-02 22:53 | Report Abuse

very strong close. technically very strong, broke major resistance at 6.80. next resistance 7.40? can anyone confirm.

Posted by dfsbipohsch > 2016-06-02 23:43 | Report Abuse

Should be no problem

optimus9199

2,794 posts

Posted by optimus9199 > 2016-06-03 09:49 | Report Abuse

u wana go to hell ka muscle? yr HLInd will be in hell soon together with HEIM

Hk Wong

420 posts

Posted by Hk Wong > 2016-06-03 11:35 | Report Abuse

6.86

Posted by Alex Lim Jun Xiong > 2016-06-03 14:02 | Report Abuse

Walao, buy RM6.94 now left RM6.77.
Need to cut loss.

Posted by dannytansionkee > 2016-06-03 16:21 | Report Abuse

Buy 100 lot at RM6.8.

optimus9199

2,794 posts

Posted by optimus9199 > 2016-06-03 18:04 | Report Abuse

whenever muscle appear in a stock, the share price will go down.....jahanam

Up_down

4,346 posts

Posted by Up_down > 2016-06-03 18:14 | Report Abuse

How to make money from stock market if one can't even handle a minor correction from an uptrend stock with good FA? Need to pay more tuition fees for learning...

KLCI King

3,220 posts

Posted by KLCI King > 2016-06-04 13:38 | Report Abuse

Wait for durian jatuh on monday

KLCI King

3,220 posts

Posted by KLCI King > 2016-06-05 23:25 | Report Abuse

Posted by dannytansionkee > Jun 3, 2016 04:21 PM | Report Abuse
Buy 100 lot at RM6.8.

Danny Tan, you don't have any creditibility to say anything, you are kind of crazy junk

Hk Wong

420 posts

Posted by Hk Wong > 2016-06-06 14:40 | Report Abuse

The reasons for investing in SAM are as follows:

(1) SAM is owned (70%) and controlled by Temasek.

(2) SAM is trading at 13x earnings via-a-vis PEG of 0.85.

(3) It's business of manufacturing aircraft components provides the company with a wide moat as the quality of products are very high. These aircraft parts have to be of the highest quality. Berkshire Hathaway bought over Precision Castparts recently. Precision is in the same business as SAM.

(4) SAM has a RM3.5bil order book (as per article in Edge Daily). This should place SAM on a sound footing.

Hk Wong

420 posts

Posted by Hk Wong > 2016-06-06 14:40 | Report Abuse

The reasons for investing in SAM are as follows:

(1) SAM is owned (70%) and controlled by Temasek.

(2) SAM is trading at 13x earnings via-a-vis PEG of 0.85.

(3) It's business of manufacturing aircraft components provides the company with a wide moat as the quality of products are very high. These aircraft parts have to be of the highest quality. Berkshire Hathaway bought over Precision Castparts recently. Precision is in the same business as SAM.

(4) SAM has a RM3.5bil order book (as per article in Edge Daily). This should place SAM on a sound footing.

raregases

18 posts

Posted by raregases > 2016-06-07 07:56 | Report Abuse

hopefully so

optimus9199

2,794 posts

Posted by optimus9199 > 2016-06-07 20:16 | Report Abuse

maybe rm5.70? that time will see muscle quiet terus

Posted by dfsbipohsch > 2016-06-08 11:49 | Report Abuse

no worry just wait for the good news for the dividend payout shld be better than the last one

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