QES GROUP BERHAD

KLSE (MYR): QES (0196)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

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

Posted by Investoinvest > 2020-10-09 10:57 | Report Abuse

Any idea when is the qr out

Posted by Investoinvest > 2020-10-09 14:11 | Report Abuse

Thanks

Steve Ooi

264 posts

Posted by Steve Ooi > 2020-10-12 00:45 | Report Abuse

Iphone 12, self figure out how's new Iphone launch will benefit QES.
Quarter3 and Quarter 4 always better quarter for equipment maker.

*Undervalue technology counter*
It worth at least 40sen

Rgs
Ooi

stonkong

114 posts

Posted by stonkong > 2020-10-12 06:57 | Report Abuse

any relation for ipone with qes?

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-10-12 09:59 | Report Abuse

Managing director and president Chew Ne Weng (pic) said the eventual mass rollout of 5G will prompt an upgrade in a lot of devices and infrastructure which will drive demand for semiconductors.

PETALING JAYA: The progressive advancement in digital technology is a boon for QES Group Bhd, as the company is well-positioned to tap future demand for semiconductors.

Managing director and president Chew Ne Weng (pic) said the eventual mass rollout of 5G will prompt an upgrade in a lot of devices and infrastructure which will drive demand for semiconductors.

“This is an exciting time. Technologies like 5G, Internet-of-Things (IoT) and artificial intelligence will take off in a big way. If the pandemic can be contained next year, then things will take off, maybe, by mid-2021.

“I think the next three years will be very good for companies involved in semiconductor, equipment making, or relating to these market segments. I foresee strong growth.

“For example, your new 5G enabled phone will have a lot of new components. Then there’s the IR4.0 where there will be a lot of sensors, which uses semiconductors.

The eventual mass rollout of 5G will prompt an upgrade in a lot of devices and infrastructure which will drive demand for semiconductors.The eventual mass rollout of 5G will prompt an upgrade in a lot of devices and infrastructure which will drive demand for semiconductors.

“And when electric vehicles become more prevalent, that will have a lot of components. So all this will drive demand. And we are in the right position and market segment, ” he said.

The group specialises in the distribution, manufacturing and provisions of engineering services for inspection, test, measuring, analytical and automated handling equipment.

QES is planning to raise about RM20.47mil from the placement of 10% of its issued share capital or 75.83 million new shares to help the company gear towards this growth.

According to its announcement to Bursa Malaysia, RM8.2mil from the placement exercise will be used for factory expansion, RM5.3mil will go towards its R&D works, while another RM1.5mil will be used to expand its reach in China.

He noted that the ongoing spat between China and the US has a positive spillover effect on the region as China looks to boost its own capabilities in semiconductor.

This could translate to increased demand for equipment makers in the region.

QES manufactures integrated circuit equipmentQES manufactures integrated circuit equipment

“The final amount we raise will be based on the market price and the market is volatile. But generally, if a company is profitable with the right management and we have a clear direction, I think serious investors will be in for the long haul, ” he said.

The counter closed at 27.5 sen last Friday.

Apart from manufacturing semiconductor equipment, Chew said QES has also gone into developing solutions for IR4.0, which would be another area of growth for the company.

“Data has become the new commodity and those who know how to analyse and automate it can be successful.

“So for QES, we have some solutions that target that. It is a lot to do with data collection, automation and data-driven decision making.

“We have to put in the engineering resources, R&D and money to develop them. But I think it will bear fruit because the market is ready.

“I think within the next 12 months, we can come up with a solution which we can start marketing by mid-2021 onwards, ” said Chew.

TraderID

302 posts

Posted by TraderID > 2020-10-12 12:35 | Report Abuse

Good one! Keep. Moving

Posted by Investoinvest > 2020-10-12 13:26 | Report Abuse

Fly soon

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-10-13 11:41 | Report Abuse

QES Group Bhd (Trading Buy)
• QES – which specialises in the manufacturing, distribution and provision of engineering services for inspection, test, measuring, analytical and automated handling equipment – offers exposure to the fast-growing semiconductor industry.

• After experiencing a sharp drop in net profit to RM3.3m (-77% YoY) in FY19, the Group’s bottomline rebounded with net earnings of RM5.1m in 1HFY20 (up from RM0.3m previously).

• The Group is in a financially strong position with net cash holdings & short-term investments of RM48.8m (or 6.4 sen per share) as of end-June 2020. In addition, QES plans to raise an indicative amount of RM20.5m via a private placement exercise to be used for business expansions.

• From a technical viewpoint, QES’ share price ascent (from a trough of RM0.08 in March to peak at RM0.405 in August this year) has been temporarily disrupted following the stock’s subsequent pullback. Still, we reckon the share price uptrend remains intact as its price correction (to as low as RM0.235) is supported by the Fibonacci’s retracement level of 50%.

• A resumption of the uptrend will be forthcoming should the stock – which was actively traded yesterday – cut above a descending trendline convincingly. This could then push the share price towards our resistance hurdles of RM0.33 (R1; 18% upside potential) and RM0.37 (R2; 32% upside potential).

• Our stop loss level is pegged at RM0.24 (or 14% downside risk from yesterday’s closing price of RM0.28).

TraderID

302 posts

Posted by TraderID > 2020-10-13 19:09 | Report Abuse

Break the cloud standby in guys

Posted by Investoinvest > 2020-10-14 11:52 | Report Abuse

Warm up first

kimee

94 posts

Posted by kimee > 2020-10-14 16:06 | Report Abuse

funny fruitcake why keep delete you message?

tew kah

24 posts

Posted by tew kah > 2020-10-14 20:11 | Report Abuse

study the pattern...you will know how to play this stock...wait for another round..lol.

Posted by Investoinvest > 2020-10-15 14:34 | Report Abuse

when is another round

kimee

94 posts

Posted by kimee > 2020-10-15 16:05 | Report Abuse

what pattern?

PM Sim

247 posts

Posted by PM Sim > 2020-10-15 16:22 | Report Abuse

since covid 19 arrived ..bursa also came to life a lot of CCC..Certified Corporate Conman..with breakibg news Announcement..MOU collaboration JV..most after goreng goes to Holland River..Holland Kang.

PM Sim

247 posts

Posted by PM Sim > 2020-10-15 16:28 | Report Abuse

We are advised to be more careful..that's all.

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-10-15 23:14 | Report Abuse

Up trend. Coming soon

Posted by Investoinvest > 2020-10-16 11:00 | Report Abuse

Fingers crossed

DLLM99_kyy

920 posts

Posted by DLLM99_kyy > 2020-10-19 08:50 | Report Abuse

is it QES undervalue GEM ? EMS

Posted by Investoinvest > 2020-10-19 20:19 | Report Abuse

chill chill

invest icon

1,097 posts

Posted by invest icon > 2020-10-21 16:41 | Report Abuse

That means tomorrow this time is shopping time

hotdogge

1,294 posts

Posted by hotdogge > 2020-10-22 09:20 | Report Abuse

buy before too late.

Posted by Investoinvest > 2020-10-22 19:33 | Report Abuse

Up up up

hotdogge

1,294 posts

Posted by hotdogge > 2020-10-23 08:58 | Report Abuse

gap up

hotdogge

1,294 posts

Posted by hotdogge > 2020-10-23 08:58 | Report Abuse

tp 0.330 today

Posted by investortrader88 > 2020-10-23 09:39 | Report Abuse

fly higher !

kasrim

2,493 posts

Posted by kasrim > 2020-10-23 11:30 | Report Abuse

rm 0. 35c today?

robert88888

1,177 posts

Posted by robert88888 > 2020-10-23 12:12 | Report Abuse

0.35 ? I don't think so.

robert88888

1,177 posts

Posted by robert88888 > 2020-10-23 12:23 | Report Abuse

Consider lucky if able to sell at 0.32 today.....haha

robert88888

1,177 posts

Posted by robert88888 > 2020-10-23 15:22 | Report Abuse

Will back to square at 0.30 today, Friday weekend fever...

Sam242

10 posts

Posted by Sam242 > 2020-10-23 15:40 | Report Abuse

as long close green can hold

robert88888

1,177 posts

Posted by robert88888 > 2020-10-23 16:01 | Report Abuse

Told you all, will back to 0.30..

robert88888

1,177 posts

Posted by robert88888 > 2020-10-23 16:07 | Report Abuse

Bought 281 throw 40000 and bought 673 throw 30000....

Fc78020

753 posts

Posted by Fc78020 > 2020-10-23 16:59 | Report Abuse

Stupid politics

Posted by Investoinvest > 2020-10-23 17:47 | Report Abuse

All stupid ciba# kia

Twowah123

654 posts

Posted by Twowah123 > 2020-10-24 23:14 | Report Abuse

Die young!! Its too late now. Monday will be a bloodbath

Posted by Investoinvest > 2020-10-26 02:09 | Report Abuse

No darurat

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-10-26 13:01 | Report Abuse

企业故事/ 专注中国 QES扩展制造业务 - https://www.sinchew.com.my/content/content_2365665.html (Share from StockHunter)

yoyo

496 posts

Posted by yoyo > 2020-10-27 10:54 | Report Abuse

looks like future got potential

企业故事/ 专注中国 QES扩展制造业务 - https://www.sinchew.com.my/content/content_2365665.html (Share from StockHunter)

Posted by Investoinvest > 2020-10-27 12:21 | Report Abuse

It's time to go up

LittlePony

133 posts

Posted by LittlePony > 2020-10-27 20:28 | Report Abuse

没动静。。。Ahahahaha

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-10-28 00:09 | Report Abuse

good potential

Posted by Investoinvest > 2020-10-28 00:32 | Report Abuse

0.5 0.5

Sam242

10 posts

Posted by Sam242 > 2020-10-28 02:12 | Report Abuse

good price to enter for long term or not?

gkmeng

38 posts

Posted by gkmeng > 2020-10-28 16:03 | Report Abuse

what is going on today?

Posted by 2021willnotbetter > 2020-10-28 16:21 | Report Abuse

0.26~0.27 will be sweet.

kasrim

2,493 posts

Posted by kasrim > 2020-10-28 16:38 | Report Abuse

yeah sweet bebe..

Posted by learning2invest > 2020-10-28 18:42 | Report Abuse

Again news out to exit?

Posted by Investoinvest > 2020-10-30 13:00 | Report Abuse

Tak jadi

Post a Comment
Market Buzz