Posted by lizi > 2017-11-17 06:14 | Report Abuse

short-sighted is better than blind-sided. i repeat, it's gg.

Posted by comebackisreal > 2017-11-17 07:24 | Report Abuse

I think it is fully valued with the current earning. If similar earning for next qr, the PE will be between 20-30. Unless company can't grow for another 20% -30% for next year

Posted by excelyou > 2017-11-17 07:38 | Report Abuse

Aemulus Holding Berhad
Record-breaking sales in FY9/17
CIMB
*Higher RF and enterprise testers demand in 4QFY9/17*
Revenue in 4QFY9/17 rose 96% yoy to reach RM11.7m on the back of higher tester shipment volumes due to improving demand in the enterprise storage, smartphone and tablet (S

Posted by Shines > 2017-11-17 07:57 | Report Abuse

Looks like next qr1 should be better. Demand still pouring in

Posted by Choon Soo Tan > 2017-11-17 08:08 | Report Abuse

Limit up

Posted by excelyou > 2017-11-17 08:30 | Report Abuse

Aemulus Holding Berhad
Record-breaking dads in FY9/17
CIMB

Higher RF and enterprise testers demand in 4QFY9/17

Revenue in 4QFY9/17 rose 96% yoy to reach RM11.7m on the back of higher tester shipment volumes due to improving demand in the enterprise storage, smartphone and tablet (S&T) markets. As a result of higher operating leverage, Aemulus posted RM2.2m core net profit in 4QFY9/17 compared to a RM0.2m core net loss in 4QFY9/16.

Sequentially lower enterprise testers sold

4QFY9/17 revenue fell by 1.8% qoq due to lower enterprise tester shipment volumes following higher order completions in the previous two quarters. We estimate that the group sold two units of AE4600 testers in 4QFY17 vs. five units in 3QFY17. Overall, its core net profit in 4QFY17 fell by 20% qoq, after stripping out the unrealised forex losses of RM0.1m. As expected, there was no dividend declared in the quarter.

Record-breaking sales in FY9/17

Aemulus posted RM40m revenue in FY9/17, up 82% yoy, the highest revenue in the history of the company, driven by higher radio-frequency (RF) and enterprise tester shipment volumes on the back of new customer wins and demand recovery across the enterprise storage and S&T segments. Aemulus shipped 10 units of AE4600 testers in FY9/17 (vs. two units in FY16). Overall, Aemulus recorded RM7.6m core net profit in FY9/17 against a core net loss of RM0.9m in FY9/16.

New initiatives in North Asia beginning to gain traction

Revenue in China grew by 20% yoy in FY9/17, driven by a new customer win. We expect China to be a key growth driver for the group from FY18 onwards following successful product penetration among Chinese semiconductor contract manufacturers in the past 18-24 months. To recap, Aemulus set up a regional office for China and Taiwan last year as part of management’s efforts to be closer to its key clients. Overall, we expect to see double-digit revenue growth again in the China market in FY18.

Expect new AE7600-S tester to drive volume growth in FY18

Aemulus launched its third-generation RF tester, the AE7600-S, in Sep 17. We understand that the new RF tester is embedded with smart manufacturing software to support the industry 4.0 framework, which is expected to drive cost savings for semiconductor contract manufacturers. We expect the new AE7600-S and existing AE4600 testers to drive volume growth for Aemulus in FY18. Overall, we project 20% volume growth in FY18.

Posted by Lee Yih Yeong > 2017-11-17 08:57 | Report Abuse

OMG....PRE MARKET RED...

Posted by bleuerouge > 2017-11-17 09:01 | Report Abuse

warned earlier, good luck.

Posted by excelyou > 2017-11-17 09:07 | Report Abuse

AEMULUS PENETRATED CHINA MARKET, HUGU POTENTIAL IN COMING YEARS

New initiatives in North Asia,China.

Revenue in China grew by 20% yoy in FY9/17, driven by a new customer win.

We expect China to be a key growth driver for the group from FY18 onwards following successful product penetration among Chinese semiconductor contract manufacturers in the past 18-24 months.

To recap, Aemulus set up a regional office for China and Taiwan last year as part of management’s efforts to be closer to its key clients.

Overall, we expect to see double-digit revenue growth again in the China market in FY18.

Aemulus launched its third-generation RF tester, the AE7600-S, in Sep 17.

We understand that the new RF tester is embedded with smart manufacturing software to support the industry 4.0 framework, which is expected to drive cost savings for semiconductor contract manufacturers.

We expect the new AE7600-S and existing AE4600 testers to drive volume growth for Aemulus in FY18.

Overall, we project 20% volume growth in FY18.

Posted by Pak Andak > 2017-11-17 09:08 | Report Abuse

Revenue good..

Posted by excelyou > 2017-11-17 09:13 | Report Abuse

AEMULUS REVENUE WILL BE TRIPLE DIGIT GROWTH FROM CHINA.

FORBES , 9 Nov 2017.
China Looks To Chip Away At Taiwan's Semiconductor Dominance

China’s semiconductor industry, one that will make the core components of smartphones and PCs, is growing fast. If you said “hey wait, supplying semiconductors for consumer electronics sounds like more of a Taiwan thing,” you’d be right but outdated.

China’s semiconductor sector is thriving on investment from the Beijing government’s National IC Industry Investment Fund, Taipei-based market research firm TrendForce says in a media statement in October.

China already has the world’s biggest semiconductor market, so more work on components helps perfect a domestic supply chain and reduces reliance on imports.

Annual revenue from Chinese semiconductors this year will reach 517.6 billion yuan ($78 billion), up 19.4% over 2016, TrendForce forecasts. Revenue will grow 20% this year to a new record, the research firm says. Average growth worldwide is expected at just 3.4%.

“Numerous wafer fabs in China will be entering mass production during 2018, coinciding with the start of operation of many newly established domestic companies that focus on specific IC markets,” TrendForce says in the statement. A wafer is a semiconductor; a fab, a factory.

Posted by Sharon Chok > 2017-11-17 09:20 | Report Abuse

Another Krono

Posted by excelyou > 2017-11-17 09:23 | Report Abuse

2018 WILL BE HISTORICAL HIGH IN BOTH REVENUE AND PROFIT FOR AEMULUS AFTER SUCCESSFULLY ENTER INTO CHINA MARKET


Prospects

Aemulus continues to create growth through innovation and leadership in the ATE markets for semiconductor devices. The launching of our new RF tester, Amoeba 7600-S combines our latest technology with scalability.

We believe that the technology is going to be able to serve the smartphone and tablet market well especially in the Far East region.

Based on the current business trend, demand for ATE from the smartphone and tablet segments as well as the enterprise storage segment is expected to continue into 2018.

The group is expecting revenue growth to further accelerate in fiscal year 2018, led by ATE sales growth in the Far East region with US region complementing it.

The financial results in fiscal year 2017 indicates that sales and marketing efforts in the Far East region were encouraging, achieving the target we established at the beginning of the fiscal year.

We shall continue the effort in fiscal year 2018 together with increasing sale and marketing effort in USA Region.

The group targets to achieve double digit revenue growth from the Far East in fiscal year 2018.

Posted by zoomsbooms > 2017-11-17 09:25 | Report Abuse

strong..n be strong with aemulus

Posted by Lee Yih Yeong > 2017-11-17 09:27 | Report Abuse

wow..rebound

Posted by SHQuah > 2017-11-17 09:49 | Report Abuse

If result can continue increase by double digit in 2018, I expect next year can break RM1.00

Posted by moneyhuat > 2017-11-17 09:51 | Report Abuse

seem like it need longer time to produce result..

Posted by SHQuah > 2017-11-17 11:25 | Report Abuse

Based on the Q3'17 financial report, company is doing very well.
Balance sheet showing favorable number in term of Revenue, profit and Cash in hand.
Aemulus is a very small company, with such a good result could consider very good.
The future is very bright.
My 2018 TP above RM1.00

Posted by Lee Yih Yeong > 2017-11-17 11:32 | Report Abuse

Consistency is the key for aemulus. 2018 sure can beat kesm n vitrox

Posted by Lee Yih Yeong > 2017-11-17 11:33 | Report Abuse

Good point sh quah.

Posted by Pak Andak > 2017-11-17 12:48 | Report Abuse

zoomsbooms strong..n be strong with aemulus

Posted by Leong > 2017-11-17 13:38 | Report Abuse

Why drop some much even QR is nice?

Posted by Yole Bek > 2017-11-17 13:50 | Report Abuse

@Leong because the PE too high already. Aemulus not deserved to hold for the current 0.6. Its actual value should below 0.3
Aemulus needs another two more outstanding quater to pull down the pe

Posted by Lee Yih Yeong > 2017-11-17 14:28 | Report Abuse

no wonder the ceo selling in the beginning of Q3.

Posted by Leong > 2017-11-17 14:42 | Report Abuse

@Yole Bek, please shown me PE calculation for this stock?

Posted by Leong > 2017-11-17 14:48 | Report Abuse

Anyone know how to calculation actual value should below RM0.30?

Posted by zoomsbooms > 2017-11-17 14:52 | Report Abuse

using PE to demonstrate actual value is not an accurate way..don't simply just say 'actual value' when it is just approximate.

aemulus PE have once before this, reach 160 yet never coming down to the 'real actual value' you are depending on.

Posted by Leong > 2017-11-17 14:54 | Report Abuse

Anyway @zoomsbooms, but how to calculate it?

Posted by zoomsbooms > 2017-11-17 15:00 | Report Abuse

profit for the quarter times 4 (trailing year) divide by total number of share times PE ratio..

Posted by Leong > 2017-11-17 15:07 | Report Abuse

@zoomsbooms can list out value in order easy understand.....please

Posted by NgSengBeng > 2017-11-17 15:14 | Report Abuse

@Leong today CIMB cover aemulus again with TP fair value 0.69, as we maintain Hold with an unchanged RM0.69 TP as we roll
over our valuation to end-2018. Our valuation is based on 22x CY19 P/E, in line with the
peer average.

Posted by NgSengBeng > 2017-11-17 15:20 | Report Abuse

@Yole BEK actual value should below 0.3 ? come on , u tell me in southeast Asia which local company can do RF ATE?

Posted by NgSengBeng > 2017-11-17 15:24 | Report Abuse

@YOLE BEK your previous comment: I believe aemulus will greater than penta or vitrox. because aemulus hv higher threshold in application of product technique. I had worked at auto inspection field for five years. AOI is not a high tech product compared to ATE(only in penang already has dozens of AOI company like penta or vitrox) . But please give aemulus some time to grow

why now u lost confident?

Posted by mamatede > 2017-11-17 15:24 | Report Abuse

I still remember GDeX has a PE of 64 because people are so bullish on logistic company.

Posted by Sky Soo > 2017-11-17 15:29 | Report Abuse

GDEX pe= 96; GHLSYS, pe=55.

Posted by Sky Soo > 2017-11-17 15:30 | Report Abuse

we own these stocks for several years with high pe. Dare you?

Posted by Sky Soo > 2017-11-17 15:35 | Report Abuse

Further FGV, pe =106; its a gamble. GLC related.

Posted by curious2 > 2017-11-17 15:39 | Report Abuse

FGV got land like IOI high PE Aemulus is sell factory what value can get?

Posted by Aries > 2017-11-17 15:40 | Report Abuse

@NgSengBeng, I agreed with your view. AEMULUS is in tester business whereas Penta n Vitrox are in vision and handlers business. They are different. That's why I believe given time, AEMULUS will grow stronger if it can get more customers.

Posted by Sky Soo > 2017-11-17 15:52 | Report Abuse

Investing takes risk. Buy the future, hopefully with calculated risk. High risk, high return. Buy FGV rather IOI. IOI is good, stable stock; bet on FGV for its volatility.

Posted by kwang2209 > 2017-11-17 15:55 | Report Abuse

Hey guy PE is just a indicator of analysis stock to tell you the past story but not everything nor 100% accurate to judge the stock

Posted by kwang2209 > 2017-11-17 15:59 | Report Abuse

Please don't only look on the PE.. because have many stock with high PE and you also can't explain it.. look on their future growth potential and company fundamental

Posted by Joker96 > 2017-11-17 16:32 | Report Abuse

Haha @YOLE BEK, actual value 0.3 haha your father controlling the company?

Posted by SHQuah > 2017-11-17 16:40 | Report Abuse

Let the weak holder sell first, remaining all the strong holder.
Next year is going to be even better year. YR 2018 TP above RM1.00

Posted by k6ii > 2017-11-17 17:45 | Report Abuse

NgSengBeng : welcome CEO here to tell us the truth the company..glad to see u here...
Bila u will success deal with Peregrine Semiconductor Corporation ?

Posted by Lee Yih Yeong > 2017-11-17 18:04 | Report Abuse

the ceo is Ng sang beng la... not NgSengBeng. ...haiz...

Posted by mamatede > 2017-11-17 19:10 | Report Abuse

I know some stock still low pe yet nobody wants to buy

Posted by excelyou > 2017-11-17 20:05 | Report Abuse

If Vizone can command triple digit P/E, Aemulus can be any PE. The market will determine the P/E for Aemulus.

Would you buy a high P/E for a Company with double digit growth in coming year or a Company with lower P/E with more losses in coming year?

Investment is betting on future and not historical numbers.

Posted by RocketHigh > 2017-11-17 22:17 | Report Abuse

Good chance to accumulate now !!!!

Posted by SHQuah > 2017-11-18 09:11 | Report Abuse

Down due to profit taking, sell on news and T3.
Next week and following week should recover very fast.
My next year TP still maintain above RM1.00