SOLID AUTOMOTIVE BHD

KLSE (MYR): SOLID (5242)

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Last Price

0.185

Today's Change

-0.005 (2.63%)

Day's Change

0.185 - 0.185

Trading Volume

66,700


6 people like this.

1,144 comment(s). Last comment by Tarita 2 months ago

calvin5025

535 posts

Posted by calvin5025 > 2020-12-31 12:31 | Report Abuse

will up until .26

HTCS

108 posts

Posted by HTCS > 2020-12-31 13:24 | Report Abuse

Washing

limontea

1,171 posts

Posted by limontea > 2020-12-31 14:50 | Report Abuse

Flushing hard~!

Posted by Miz Raya Bloom > 2020-12-31 14:58 | Report Abuse

kalau nak solid biar la molek

Harryww

105 posts

Posted by Harryww > 2020-12-31 15:02 | Report Abuse

Q result should be good. Is worth collecting.

limontea

1,171 posts

Posted by limontea > 2020-12-31 15:06 | Report Abuse

Collect a little bit

Posted by i3john2tan > 2020-12-31 15:06 | Report Abuse

Automotive good business, this company will follow

GetInCondo

137 posts

Posted by GetInCondo > 2020-12-31 15:38 | Report Abuse

anyone has idea why it is dumped when the QR is better than before?

Posted by Miz Raya Bloom > 2020-12-31 15:53 | Report Abuse

dekat pukul 4 petang, masih X molek

bulldog

12,157 posts

Posted by bulldog > 2020-12-31 16:14 | Report Abuse

Flushing the weak holder

Huat chaiii

GetInCondo

137 posts

Posted by GetInCondo > 2020-12-31 17:07 | Report Abuse

confusing red closing for green QR to end 2020

Legend

4,119 posts

Posted by Legend > 2021-01-01 10:28 | Report Abuse

Happy New Year 2021!

limontea

1,171 posts

Posted by limontea > 2021-01-02 09:39 | Report Abuse

Usually after QR out will drop. Normal

James Ng

2,704 posts

Posted by James Ng > 2021-01-02 19:13 | Report Abuse

https://klse.i3investor.com/blogs/general/2021-01-02-story-h1538492664.jsp
[转贴] [Video:浅谈SOLID AUTOMOTIVE BHD, SOLID, 5242] - James的股票投资James Share Investing

bulldog

12,157 posts

Posted by bulldog > 2021-01-04 11:31 | Report Abuse

Uptrend intact

Huat chaiii

bulldog

12,157 posts

Posted by bulldog > 2021-01-04 16:14 | Report Abuse

Buyer Lai Lai

Huat chaiii

bulldog

12,157 posts

Posted by bulldog > 2021-01-05 12:35 | Report Abuse

Solid on the move

Huat chaiii

bulldog

12,157 posts

Posted by bulldog > 2021-01-05 12:35 | Report Abuse

Accumulate at 23

Huat chaiii

Legend

4,119 posts

Posted by Legend > 2021-01-05 12:38 | Report Abuse

Solid

amateurJR

2,366 posts

Posted by amateurJR > 2021-01-05 12:40 | Report Abuse

THis one got electric car biz?

Macrullen

352 posts

Posted by Macrullen > 2021-01-05 13:02 | Report Abuse

Solid can’t be at this price. All automation fly like hell, yet solid still not yet big spike. Still got room to move. Yesterday china automation many limit up too

bulldog

12,157 posts

Posted by bulldog > 2021-01-05 13:10 | Report Abuse

Hold tight

Huat chaiii

bulldog

12,157 posts

Posted by bulldog > 2021-01-05 14:23 | Report Abuse

Bear and bull start fighting

Huat chaiii

Legend

4,119 posts

Posted by Legend > 2021-01-05 14:23 | Report Abuse

Sapuuuuuuuuuuuu

Macrullen

352 posts

Posted by Macrullen > 2021-01-05 21:25 | Report Abuse

It looks like still in collection phrase.

bulldog

12,157 posts

Posted by bulldog > 2021-01-06 11:01 | Report Abuse

Collection at 22.5

Huat chaiii

jun1920

370 posts

Posted by jun1920 > 2021-01-06 11:40 | Report Abuse

no power again

bulldog

12,157 posts

Posted by bulldog > 2021-01-07 16:38 | Report Abuse

Wow.. solid still strong

Huat chaiii

jun1920

370 posts

Posted by jun1920 > 2021-01-07 19:02 | Report Abuse

bulldog what's your average price?

bulldog

12,157 posts

Posted by bulldog > 2021-01-07 23:53 | Report Abuse

Hi jun1920
Bulldog average 22

Huat chaiii

bulldog

12,157 posts

Posted by bulldog > 2021-01-08 09:14 | Report Abuse

Solid on the move

Huat chaiii

Macrullen

352 posts

Posted by Macrullen > 2021-01-08 12:25 | Report Abuse

This counter so tricky, big up 1-2 bids with big volume then quickly sell down. Many times d, operators dunwan us to follow?

Posted by Anonymous12567 > 2021-01-08 12:41 | Report Abuse

Born unlucky... Now ban lifted not easy especially our casino market (scam style)...
Hahaha.

bulldog

12,157 posts

Posted by bulldog > 2021-01-08 12:43 | Report Abuse

The operator short the counter

Huat chaiii

bulldog

12,157 posts

Posted by bulldog > 2021-01-08 12:44 | Report Abuse

Just lucky sold23 and enter back 22

Huat chaiii

Legend

4,119 posts

Posted by Legend > 2021-01-08 12:46 | Report Abuse

Sold already...

Posted by Anonymous12567 > 2021-01-08 14:49 | Report Abuse

Dog means dog.

CUTLOST

5,178 posts

Posted by CUTLOST > 2021-01-11 12:57 | Report Abuse

Healthy correction for those miss the boat.

bulldog

12,157 posts

Posted by bulldog > 2021-01-13 17:15 | Report Abuse

Bila lah solid nak limit up

Huat chaiii

GetInCondo

137 posts

Posted by GetInCondo > 2021-01-14 12:54 | Report Abuse

yoyo time now

jun1920

370 posts

Posted by jun1920 > 2021-01-20 15:44 | Report Abuse

no movement sadly hehe

Posted by Halim_Hakimi > 2021-01-22 14:22 | Report Abuse

I heard Solid just secured 43mill deal with Volkwagen Malaysia, supplying parts to their factory in Pekan, Pahang, is it?

BigPro

688 posts

Posted by BigPro > 2021-01-22 15:29 | Report Abuse

Insider news?

GetInCondo

137 posts

Posted by GetInCondo > 2021-01-23 10:59 | Report Abuse

From where did you heard?

bulldog

12,157 posts

Posted by bulldog > 2021-01-29 16:16 | Report Abuse

Accumulation in progress

Huat chaiii

Posted by AdamRyan_2011 > 2021-02-06 00:29 | Report Abuse

Holding it from 20sen, 3rd round since last yrs... 20 and sold at 25-27.... better than asb

michaeso

85 posts

Posted by michaeso > 2021-02-08 21:09 | Report Abuse

Good luck everyone

tumbler

492 posts

Posted by tumbler > 2021-02-12 12:51 | Report Abuse

Bought in SOLID (5242) for short term investment due to the followings :

1) Revenue increasing quarter 1&2 consecutively compare to last year similar quarters even though during tough pandemic movement control .

2) Profit margin increase consecutively current 2 quarters compare to last three years.

3) Operation cash flow from latest quarter showing company having positive RM10mil plus compare with last year quarterly cash flow negative RM2.5mil showing the management have changing the business strategy to pick up their growth.

4) Revenue on the domestic market increase 45% and International market ( middle east and africa) increase 41% reported during latest Aug annual report.

5) Company just completed constructing the new warehouse in Segambut in second quarter of Y2021 financial year. With the new warehouse in central region , company able to enhance the supply chain management and increase productivity in the central region and west malaysia.

6) Current 2 quarters earning per cents 0.63 and 0.53 showing that the projection of EPS per year shall be more than 2.5 cents. Compare with similar sector automotive parts listed company in KLSE PECCA PE ratio 38 , SOLID current price was deeply undervalue. Lets just assume minimum PE ratio for SOLID is 20 , this counter price should maintain above 50 cents.

7) If we trace back to historical SOLID price with similar EPS in 2017 with current EPS in 2021 , the SOLID price in 2017 was more than 50 cents and now the price only 20 cents a piece . With still have 150% safer room to spike , this counter definitely super undervalue gems stock among whole KLSE counters.

Conclusion : Solid is showing strong recovery in terms of revenue , margin and business strategy . Conservative target price 50 cents in short term should make it become great superstar after CNY. Just buy it and keep this , it will give you surprise reward in short term .

angelo

414 posts

Posted by angelo > 2021-02-16 14:08 | Report Abuse

Already bought at 0.205 n 0.21. Keep as medium term investment.

kingpuk91

72 posts

Posted by kingpuk91 > 2021-02-17 06:21 | Report Abuse

Mark my words. Today will be day going up again.

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