QES GROUP BERHAD

KLSE (MYR): QES (0196)

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Last Price

0.525

Today's Change

-0.01 (1.87%)

Day's Change

0.525 - 0.54

Trading Volume

420,900


9 people like this.

7,322 comment(s). Last comment by flowerbirds427 1 day ago

SapuKaki

147 posts

Posted by SapuKaki > 2020-09-08 14:48 | Report Abuse

wait till 0.275 before average down...long term support...no sign of rebound yet

mni75

114 posts

Posted by mni75 > 2020-09-08 20:46 | Report Abuse

Tunggu di support 270..

Twowah123

654 posts

Posted by Twowah123 > 2020-09-09 10:41 | Report Abuse

Good. Support is building up. Gonna up in matter of time

budakbaik

211 posts

Posted by budakbaik > 2020-09-10 17:09 | Report Abuse

all counter drop... qes also drop but not ao critical compare to othrers... power

Posted by Gogogoborabora > 2020-09-10 17:36 | Report Abuse

Concur. Matter of time will rocket

ilvanccy

11 posts

Posted by ilvanccy > 2020-09-11 09:15 | Report Abuse

Good stock will drop everyday ? Funny. Dont convince yourself when is the time to cut loss please cut.
Real good stock the price will stand good like rgtech still stand at 0.330

wbwb50

32 posts

Posted by wbwb50 > 2020-09-11 17:42 | Report Abuse

For factory expansion, good!

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-09-11 20:57 | Report Abuse

QES Private Placement for expansion is very good for future

Posted by chiewilvan > 2020-09-11 21:44 | Report Abuse

issued shares+ 182 cases
monday will TT
My 400lots 0.315 TT

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-09-12 12:00 | Report Abuse

KUALA LUMPUR (Sept 11): QES Group Bhd has proposed to undertake a private placement of up to 75.83 million shares to raise up to RM20.47 million, which will mainly be used for factory expansion, financing its research and development (R&D) and future working capital.

In a filing with Bursa Malaysia, the group said the placement size represents 10% of its total issued shares of 758.31 million, while the issue price will be determined later.

The placement shares will not be priced at a more than 10% discount to the five-day volume weighted average market price of QES shares immediately before the price fixing date.

The company said for illustration purposes, based on an issue price of 27 sen per share, the placement shares could raise up to RM20.47 million.

Of this amount, RM8.2 million will be allocated for factory expansion to double its current production capacity, RM5.3 million will be used for R&D on future products, such as wafer stockers with automated guided vehicle and Industrial Revolution 4.0-related projects.

While it has also earmarked RM4.9 million for future working capital use or other investment purposes, RM1.5 million will be used for expanding its China operation, which consists of setting up a technical support office in Shanghai, hiring additional three local engineers and one administrative staff as well as budget for participation in exhibitions, branding and marketing activities.

QES said it expects to complete the corporate exercise by the second half of 2020.

The group is principally involved in the distribution of inspection, test and measurement equipment, materials and engineering solutions, and manufacturing of optical inspection equipment, automated handling equipment as well as advanced wafer measurement systems.

At 3.40pm, the counter's share price was unchanged at 27.5 sen, giving it a market capitalisation of RM208.53 million. Some 9.42 million shares were traded.

fujiapple

241 posts

Posted by fujiapple > 2020-09-14 08:19 | Report Abuse

QES is expanding,good news..

wbwb50

32 posts

Posted by wbwb50 > 2020-09-14 09:27 | Report Abuse

The expansion is real, expect more to come soon

Twowah123

654 posts

Posted by Twowah123 > 2020-09-14 10:42 | Report Abuse

Hold tightly gaes gonna fly high soon

wbwb50

32 posts

Posted by wbwb50 > 2020-09-14 11:36 | Report Abuse

Steady!! All the good news will keep pouring in!

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-09-14 13:12 | Report Abuse

Accumulating more this morning

Jenny_MLP

455 posts

Posted by Jenny_MLP > 2020-09-14 14:19 | Report Abuse

Hi, Like to ask why company is cash rich but still want to do private placement for expansion? It has RM50m net cash. Also, last few quarters operation cash flow is negative. Can anyone comment or shared some opinion? Thanks.

wbwb50

32 posts

Posted by wbwb50 > 2020-09-15 07:10 | Report Abuse

Cash is king, cash rich is king of the kings in business.

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-09-17 00:09 | Report Abuse

Private placement has advantages over other equity financing methods, including less burdensome regulatory requirements, reduced cost and time, and the ability to remain a private company.

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-09-17 00:19 | Report Abuse

Jenny_MLP@fyi

Posted by Investoinvest > 2020-09-21 14:06 | Report Abuse

Adui!Why No oil up

budakbaik

211 posts

Posted by budakbaik > 2020-09-21 16:05 | Report Abuse

covid clear oil will up...

Posted by Investoinvest > 2020-09-21 16:27 | Report Abuse

why this counter no power up

budakbaik

211 posts

Posted by budakbaik > 2020-09-21 17:30 | Report Abuse

all counter drop today... KLSE index drop n red, what do u expect....

Posted by Investoinvest > 2020-09-21 19:59 | Report Abuse

Hehehe korek also la

ilvanccy

11 posts

Posted by ilvanccy > 2020-09-21 20:05 | Report Abuse

Haha, lucky sold all dy.
Those always say will go out now diam diam liao

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-09-21 20:25 | Report Abuse

QES Group buys factory for RM21m to double production capacity - https://www.thestar.com.my/business/business-news/2020/09/21/qes-group-buys-factory-for-rm21m-to-double-production-capacity (Share from StockHunter)

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-09-22 00:02 | Report Abuse

Fruitcake @ TP over 60 cents soon

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-09-22 00:02 | Report Abuse

QES managing director and president Chew Ne Weng said the purchase of the building would enable it to increase its manufacturing capacity.

KUALA LUMPUR: QES Group Bhd is buying a factory building with a five-storey office in Glenmarie, Selangor for RM21mil cash to expand its office and production area.

In a statement on Monday, QES managing director and president Chew Ne Weng said the purchase of the building would enable it to increase its manufacturing capacity.


“The expansion is estimated to double QES’s manufacturing capacity as well as to support future growth and expansion for our manufacturing and distribution division, ” he added.

QES’s core business is the distribution of inspection, test and measurement equipment, materials and engineering solutions. It also manufactures optical inspection equipment, automated handling equipment and advanced wafer measurement system.

Its unit QES (Asia-Pacific) Sdn Bhd had signed a sale and purchase agreement with Astronautic Technology (M) Sdn Bhd for the purchase of the factory in Glenmarie, Selangor, which is near its current office and factory.


The site is 5,833 square metres which comprises a single-storey detached factory with an annexed five storey office.

QES plans to fund the proposed acquisition via its own funds and/or bank borrowings. It expects the proposed acquisition to be completed within three months.

Twowah123

654 posts

Posted by Twowah123 > 2020-09-22 08:07 | Report Abuse

Looking good. Fasten ur seat belt

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-09-22 08:41 | Report Abuse

QES to acquire Glenmarie factory for RM21m - http://www.theedgemarkets.com/article/qes-acquire-glenmarie-factory-rm21m (Share from StockHunter)

ilvanccy

11 posts

Posted by ilvanccy > 2020-09-22 10:50 | Report Abuse

@LiimInvest why u always replay ur news

Posted by Investoinvest > 2020-09-22 11:00 | Report Abuse

@LiimInvest TP 0.6 Can meh? 0.4 also happy already

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-09-22 23:07 | Report Abuse

Investoinvest @ should be ok

fujiapple

241 posts

Posted by fujiapple > 2020-09-23 07:43 | Report Abuse

Agree with liminvest.still good business prospect. Invest in R&D as well

wbwb50

32 posts

Posted by wbwb50 > 2020-09-23 09:31 | Report Abuse

Buy on weakness, ignore the daily price swing. Keep it to win big. Steady!

Posted by Investoinvest > 2020-09-23 09:59 | Report Abuse

@LiimInvest okok

Twowah123

654 posts

Posted by Twowah123 > 2020-09-23 12:36 | Report Abuse

Good jz reload at 0.25 . Looking good

Posted by Jordan_Tulid > 2020-09-23 16:32 | Report Abuse

ohhh Nooooo

SuperKBD

36 posts

Posted by SuperKBD > 2020-09-24 10:08 | Report Abuse

It is so bad now, but so good too. Hold your stomach.

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-09-24 12:03 | Report Abuse

Accumulating more

Posted by Investoinvest > 2020-09-24 16:41 | Report Abuse

This counter can short is it.everyday down only

amateurJR

2,366 posts

Posted by amateurJR > 2020-09-24 18:22 | Report Abuse

This counter performed quite well during MCO. Too bad overall market sentiment is bad. If not I will consider holding this stock if price is reasonable.

ttengooi

37 posts

Posted by ttengooi > 2020-09-24 21:06 | Report Abuse

Low risk at this price,worth accumulating

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-09-24 23:39 | Report Abuse

Accumulating more and more

Makeabuck

691 posts

Posted by Makeabuck > 2020-09-25 09:28 | Report Abuse

time to wake up lor...stop sleeping

Posted by Investoinvest > 2020-09-28 14:22 | Report Abuse

Half sleeping

Twowah123

654 posts

Posted by Twowah123 > 2020-09-29 12:08 | Report Abuse

Huatt ahh huatt ahhh !!!

donn

154 posts

Posted by donn > 2020-09-29 12:09 | Report Abuse

watch this ctr for evening or tomorrow play. target will be 0.31-0.32

ShamOs123

108 posts

Posted by ShamOs123 > 2020-09-29 12:34 | Report Abuse

Uptrend already ..can still buy?

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