Posted by Sanofi > 2019-08-01 15:52 | Report Abuse

why u said so? this company fundamentally strong, low gearing and this quarter eqrning should be good!

Posted by Sotcat > 2019-08-01 17:25 | Report Abuse

Juz collect and keep. Fundamental is strong. Will go higher

Posted by Sotcat > 2019-08-01 17:56 | Report Abuse

@Sanofi He trapped at high, of coz will blaming

Posted by Sotcat > 2019-08-05 15:46 | Report Abuse

Last Support

Posted by jianeric16 > 2019-08-05 17:06 | Report Abuse

Huge buying interest on support

Posted by Sotcat > 2019-08-05 17:26 | Report Abuse

Reach Ipo price ady. Sapu-ing

Posted by Wong Wong > 2019-08-06 09:25 | Report Abuse

haha! prospect stock

Posted by Kwong2018 > 2019-08-14 21:16 | Report Abuse

Yes..well said .

Posted by jianeric16 > 2019-08-26 17:52 | Report Abuse

Die

Posted by Huat 888 > 2019-08-26 17:55 | Report Abuse

sell n run

Posted by Sanofi > 2019-08-26 22:28 | Report Abuse

diluted of 0.02 cent

Posted by Sanofi > 2019-08-26 22:28 | Report Abuse

factored in already early from 0.22 to 0.19

Posted by coolmo > 2019-08-26 22:30 | Report Abuse

how do u know? did mgmt declare this qr will red?

Posted by Sanofi > 2019-08-26 22:43 | Report Abuse

yes.. 1.5mil losses

Posted by Min Kuan Lau > 2019-08-26 22:59 | Report Abuse

He drop I buy la... I will wait for 5 years

Posted by newages00 > 2019-08-26 23:22 | Report Abuse

big volume bought at 0.24-0.26 and 0.21 range. sama sama lose money.

Posted by Sanofi > 2019-08-26 23:58 | Report Abuse

do remember, this company is a cash-rich company, low gearing, and losses might due to high depreciation and new accounting standard!

Posted by Kelvin > 2019-08-27 00:05 | Report Abuse

lol. so ? tomorrow still will drop

Posted by Sanofi > 2019-08-27 00:10 | Report Abuse

Drop then buy lol

Posted by Kelvin > 2019-08-27 09:23 | Report Abuse

you buy lor, 0.175

Posted by Kelvin > 2019-08-27 10:01 | Report Abuse

break all time low of 0.18. strong alert

Posted by chesslim > 2019-08-27 15:45 | Report Abuse

game over liao, sales and buy other counter.

Posted by thesteward > 2019-08-27 21:35 | Report Abuse

Omg with their offices in HK ? Susah di going forward?

Posted by 2937039523036097 > 2019-09-11 13:28 | Report Abuse

Any chances qes fly in 2H

Posted by Drybz > 2019-09-13 20:26 | Report Abuse

0.170 has been strongly supported

Posted by Shines > 2019-09-17 13:37 | Report Abuse

Haha got a can of spinarch from the dumpsite, popoye become active.

Posted by Min Kuan Lau > 2019-09-20 13:10 | Report Abuse

Jac ngu not yet le

Posted by Sanofi > 2019-09-25 16:12 | Report Abuse

what happen ? suddenly heavy blockage at 0.19

Posted by Shines > 2019-10-03 08:22 | Report Abuse

Blocking there only, dont block also cannot cross today

Posted by kasrim > 2019-10-03 11:15 | Report Abuse

run

Posted by Shines > 2019-10-05 06:06 | Report Abuse

I am waiting to see how the blockage is going to melt

Posted by fried_rice_king > 2019-10-07 11:36 | Report Abuse

wow 0.19, what they plan to do ohhh

Posted by richcares > 2019-10-07 12:50 | Report Abuse

What is happening

Posted by Legendtraderrr > 2019-10-07 13:03 | Report Abuse

QES sees earnings uplift in 2020

KUALA LUMPUR: The semiconductor industry and players forming part of its supply chain have been hit hard by the ongoing US-China trade conflict.

One such player is QES Group Bhd, listed on Bursa Malaysia’s ACE Market in March 2018, which distributes, manufactures and provides engineering services for inspection, test, measuring, analytical and automated handling equipment.

However, the group is hopeful of an earnings uplift for the next financial year ending Dec 31, 2020 (FY20), driven by a new product and a pickup in orders from its manufacturing segment.

QES’ setback this year saw it reporting a net loss of RM1.53 milion for the second quarter (2QFY19) — compared to a net profit of RM5.1 million a year ago — the group’s first quarterly loss since its listing. Revenue for the quarter was down 12.9% to RM40.51 million.

This resulted in the first-half (1HFY19) net profit plunging 95.4% year-on-year to RM305,000, on a 4.5% decline in revenue to RM80.39 million.

“Our manufacturing side was badly affected, partly by the US-China trade war,” QES managing director Chew Ne Weng told The Edge Financial Daily.

“But I would say our earnings were brought down mostly by a majority of our customers [in the manufacturing segment] who are automotive IC (integrated circuit) makers, impacted by a decline in global vehicle sales,” he said.

“The decline in automotive sales prompted our customers to postpone their buying activities, hitting us hard.

“Going forward, we are focusing on having a product mix, meaning the same machine being sold to different segments of customers. For example, semiconductor firms supplying Internet of things devices and smartphones. By doing that, we are not so concentrated on just the automotive segment.”

Chew said the group expects 2HFY19 to be better as orders have been picking up since August.

“My only concern is I may not be able deliver in [good] time for this year, as the delivery lead time for our machines is about three months. So, for orders in the later part of the year, we can only recognise them in our books next year.”

QES’ order book as of 2QFY19 stood at RM48.6 million, of which RM40.14 million was from its distribution division and RM8.48 million from its manufacturing division.

On the aforementioned new product, the group is looking to commence pilot testing of its Fully Automatic Vision Inspection System (Favis) by 3QFY20. Favis is an upgraded vision inspection system with full automation covering wafer probing, dicing and wire bonding.

“The product will be at a testing phase before its full commercialisation. Conservatively, if we can sell three to five machines in 2020, it could generate something like US$3 million in revenue,” said Chew.

Manufacturing activities accounted for 18.3% of the group’s revenue for FY18, with QES looking to grow this further. It is looking to expand its manufacturing customer base to China this year, by working with sales partners and distributors there.

The group’s distribution division remains the largest revenue contributor at 81.7% for FY18.

QES distributes inspection, test and measurement equipment materials for its principals — mostly from Japan, Europe and the US — not just in Malaysia but also in other Asean countries where it has a presence — Singapore, Thailand, the Philippines, Indonesia and Vietnam.

“With the drop in revenue from our manufacturing division, we expect a larger portion of revenue from our very established distribution segment. In fact, QES started 28 years ago as a distribution company and today, we distribute over 10,000 products from around the world.

“Besides product sales, we also have recurring income from servicing the equipment sold, contributing around RM35 million to RM40 million to our revenue yearly,” said Chew.

Chew and executive director Liew Soo Keang are the group’s largest shareholders, with 33.66% and 26.09% stakes respectively. The two are former schoolmates; their alma mater is Kolej Sultan Abdul Hamid in Alor Setar.

QES’ share price rose to a record-high of 35.9 sen on Oct 4 last year. Since then, it has been declining, closing at 17.5 sen last Friday — below the initial public offering price of 19 sen — with a market capitalisation of RM132.7 million.

AmInvestment Bank, the sole research house covering QES, in an Aug 29 note, said it still likes the group for its long-term expansion plans for the manufacturing segment and resilient recurring revenue from its trading and servicing business.

However, it is taking a cautious stance on the group due to uncertainties from the long-standing dispute between the US and China. AmInvestment has a “hold” call on the stock with a fair value of 21 sen.

Posted by EdwinCg > 2019-10-08 08:17 | Report Abuse

good volume done yesterday, today gonna to break 19sen then 205sen.. "'something is gonna happen to this semiconductor compny ". Technology stock is on fire.

Posted by Shines > 2019-10-08 13:19 | Report Abuse

I doubt

Posted by Shines > 2019-10-10 06:54 | Report Abuse

In business, I can accept up an down as you cannot business to be uptrend all the times. If down, keep lo as investments

Posted by Sanofi > 2019-10-10 15:21 | Report Abuse

buy some and keep ok la

Posted by Sanofi > 2019-10-10 16:00 | Report Abuse

don't buy too much just a little big enough

Posted by asahmad > 2019-10-11 15:34 | Report Abuse

what happen....dive

Posted by Sanofi > 2019-10-14 16:48 | Report Abuse

luckily I top up on istone last 2 weeks

Posted by Alex5398 > 2019-10-14 18:02 | Report Abuse

potential stock！

Posted by Shines > 2019-10-15 03:41 | Report Abuse

Sanofi are you in the right house

Posted by Alex5398 > 2019-10-16 10:31 | Report Abuse

a l l t he wa y to 0.250.

Posted by aaabbbccc > 2019-10-16 12:32 | Report Abuse

will fly further ?

Posted by aaabbbccc > 2019-10-16 12:32 | Report Abuse

hehe

Posted by Alex5398 > 2019-10-16 14:17 | Report Abuse

next Mpay！

Posted by yamiyugi > 2019-10-16 16:40 | Report Abuse

what happened to this counter? suddenly so much volume? wait me collect more before fly

Posted by aaabbbccc > 2019-10-16 17:01 | Report Abuse

tmorrow fly further ? hehe

Posted by aaabbbccc > 2019-10-16 17:01 | Report Abuse

0.205 still sapu so much after closing time .. hehe