its operation recorded negative cashflow for last 2Q. Heavey expansion on plant and property. Furthermore, draw down money to pay dividend and finance purchase of PPE? Interesting
Last 5 years EPS while on increasing trend, fluctuated significantly, overall increased by 44.1% in last 5 years, PE ratio is 13, ROE 14%, and dividend yield 3.17%
not sure how that -7% happened. Compare last year was 20m vs 17m should be green. why negative 7%? can anyone explain? anyways how, This annual profit is going to break new high, be prepared for share price to break new high too
SAM’s aerospace products are being used in Airbus, Boeing, Embraer, Bombardier, Dassault, Cessna, Gulfstream and AVIC aircrafts. Manufacturing facilities are located in Penang, Malaysia and Singapore.
The new 145,000 sq ft plant is equipped with state-of-the-art precision machinery and will employ 200 highly-skilled workers at full capacity.
The manufacturing facility, which produces nacelle structures for the Airbus A320neo and the A350 aircraft, is the company’s latest and ninth facility in the world, adding to the five existing plants in Malaysia, two in Singapore and one in Thailand.
“SAMEE has become an important aerospace manufacturing hub for SAM and it is a long-term, capital intensive business,” Goh said.
He added that the new facility will push SAMEE’s growth in the aerospace business in Malaysia.
SAM is in full position to take advantage of the growth and backlog in the global aircraft market. Backlog is worth 3.1bil coupled with additional facility for LEAP-X engine casing manfacturing in Singapore which will begin contribution in FY2020.
BENGALURU: Shares of Boeing Co slid 9 percent in early trading on Monday as many airlines grounded the planemaker’s best selling 737 MAX 8 passenger jet following the second deadly crash involving the plane.
A Nairobi-bound Boeing 737 MAX 8 operated by Ethiopian Airlines crashed minutes after takeoff from Addis Ababa on Sunday, killing all 157 on board. The same model flown by Lion Air crashed off the coast of Indonesia in October, killing all 189 on board.
The Civil Aviation Administration of China ordered Chinese airlines to ground all Boeing 737 MAX 8 planes after the crash.
The CAA said it would contact the U.S. Federal Aviation Administration and Boeing regarding the resumption of operations once they are assured that measures have been taken to ensure safety.
Ethiopian Airlines said it had grounded its 737 MAX 8 fleet until further notice as an ”extra safety precaution” even though it did not know the cause of Sunday’s crash.
The 737 MAX 8 uses LEAP-1B engines made by CFM International, a joint venture of General Electric Co and Safran SA. Shares in Safran also fell 1.6 percent on Monday.
Boeing said on Monday the investigation into the Ethiopian Airlines crash is in its early stages and there is no need to issue new guidance to operators of its 737 MAX 8 aircraft based on the information it has so far.
Shares of rival Airbus SE were up 0.5 pct. - Reuters
Boeing Co.’s best-selling plane is under a cloud. Regulators and airlines around the world suspended operation of the Boeing 737 Max after the fatal March 10 crash of an Ethiopian Airlines flight, less than five months after the same type of plane flown by Lion Air plunged into waters off Indonesia. The plane continued to fly in the U.S., where the Federal Aviation Administration, often viewed as a global authority on air safety, said it saw “no basis to order grounding the aircraft.” But then the U.S. reversed course, ordering the 737 Max grounded, according to U.S. President Donald Trump. American travelers quickly joined those elsewhere in wondering whether the global action will impact their flights.
Boeing has decided to temporarily suspend its entire fleet of 737 MAX planes "out of an abundance of caution and in order to reassure the flying public of the aircraft's safety." The FAA reversed course on Wednesday and grounded the jet after evidence emerged showing a flight that crashed Sunday in Ethiopia may have experienced the same problem as a plane that went down five months ago off Indonesia. Analysts say the initial impact of the grounded Boeing (NYSE:BA) jets will be contained, but may escalate if the fleet is not permitted to fly for a longer period.
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....
everlasting
19 posts
Posted by everlasting > 2018-12-04 16:36 | Report Abuse
with current risk to reward ratio, this stock is a no brainer, an increase to rm11 will already give a 40% upside. I have already started accumulating