Sam will move upwards or further downwards when the next quarter results finalised. Hopefully it does not move too much down since it broke the 6.00 mark.
SAM Engineering & Equipment (M) Berhad (“SAM Malaysia”) is a key player in precision machining, equipment integration and automation solutions, primarily for the aerospace and equipment industries.
It was previously called LKT Industrial, specialise in manufacturing semicon equipment. Singapore Aerospace injects aero business into it to reverse take over few years ago. The semicon division still inside the group
Results is fairly good, but EPS drop so much because of conversion of loan stocks, diluted become reality. Sales 10b dream was still remained in the dream after more than 5 years. Real talk big CEO.
What a strong and convincing performance by SAM today. Those who bad mouth this counter must be very disappointed. Believe there is room for further improvement. You invest at your own risks. Do your on homework. Best wishes
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....
caveatemptor2050
106 posts
Posted by caveatemptor2050 > 2017-04-04 21:21 | Report Abuse
Sam is moving downwards..... will it break 6.00? Tomorrow we will see.....