KUALA LUMPUR (Sept 26): QES Group Bhd expects market value to increase threefold in the next 3-5 years as it bets on China and Asean for revenue growth, Managing Director Chew Ne Weng says in interview in Kuala Lumpur.
* The company supplies inspection, testing, measuring, analytical and automated handling equipment, and is a distributor for Nikon and Hitachi products, according to its website
* The company will spend RM10 million to set up laboratory showrooms in Vietnam, Philippines and Indonesia by 2020 after opening one in Thailand last week, its first outside Malaysia
** The company plans to sell more equipment to China where it sees strong growth
* QES can comfortably report revenue growth of 5%-8% over next three years
** Gross margin seen stable at 25% over this period
* The company has recurring annual income of RM40 million from its more than 10,000 equipment installed
* QES’s market value is RM261.6 million, with RM15 million net income and RM190.9 million revenue last year: Bloomberg
* NOTE: Shares extend gains to reach a record 35.5 sen on Monday, extending 87% gain from offer price at its March 8 listing; Benchmark FTSE Bursa Malaysia KLCI Index declined 2.3% over same period
all these are not happening yet. they EXPECT. Like hoping it will come. If not, then die standing. TA shows it's overbought. Maybe should wait a bit for it to cool down.
QES Group sees market value rising threefold by 2023 TheEdgeWed, Sep 26, 2018 - 19 hours ago
KUALA LUMPUR (Sept 26): QES Group Bhd expects market value to increase threefold in the next 3-5 years as it bets on China and Asean for revenue growth, Managing Director Chew Ne Weng says in interview in Kuala Lumpur.
* The company supplies inspection, testing, measuring, analytical and automated handling equipment, and is a distributor for Nikon and Hitachi products, according to its website
* The company will spend RM10 million to set up laboratory showrooms in Vietnam, Philippines and Indonesia by 2020 after opening one in Thailand last week, its first outside Malaysia
** The company plans to sell more equipment to China where it sees strong growth
* QES can comfortably report revenue growth of 5%-8% over next three years
** Gross margin seen stable at 25% over this period
* The company has recurring annual income of RM40 million from its more than 10,000 equipment installed
* QES’s market value is RM261.6 million, with RM15 million net income and RM190.9 million revenue last year: Bloomberg
* NOTE: Shares extend gains to reach a record 35.5 sen on Monday, extending 87% gain from offer price at its March 8 listing; Benchmark FTSE Bursa Malaysia KLCI Index declined 2.3% over same period
why the director want to spread con..when they company have more potential up..if they hold this shares..the share will go up further...and they can sell later at high price..
Is there any take over discussion in place from any player in the world due to trade war..so that they want to conclude the matter and keep the price low..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
newages00
641 posts
Posted by newages00 > 2018-09-26 14:55 | Report Abuse
RSI 80% show overbought