KLSE (MYR): APM (5015)
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Last Price
2.83
Today's Change
-0.01 (0.35%)
Day's Change
2.83 - 2.86
Trading Volume
83,800
Name
No. of Shares
Percentage
DATO TING HENG PENG
12,000
40.00%
DATO TING HENG PENG
12,000
40.00%
DATO TING HENG PENG
12,000
40.00%
From | To | Type | No. of Shares | Min Price | Max Price |
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APM outlook look better now as USD seem peak.
APM is a price taker. Proton n Peradua etc offer APM very low margin. When RM drop (or other cost up), APM have to absorb cost n suffer loss. Subsequently, APM will get price adjustment upward.
APM have a few Foreign technology JV partners where their products fetch higher margin.
2024-01-06 15:38
And so, anchovies shall follow APM share price trend cautiously.
Posted by SS13 > 8 hours ago | Report Abuse
Extract from last qtr results:-
The automotive industry in Malaysia recorded a strong performance during the first nine months of 2023.
As reported by the Malaysian Automotive Association (MAA), the total industry volume ("TIV") for the first nine months of 2023 stands at 571,767 units, which is an increase of 11.1% or 57,318 units compared to the same period last year. Based on the trajectory, the TIV for 2023 is expected to achieve the forecast of 725,000 units set by the MAA in July 2023. The upward momentum in the TIV is mainly supported by, among others, high level of backorder bookings, improvement in the automotive industry supply chain environment and new model launches. The Group is maintaining a cautiously optimistic outlook and expects orders to remain strong due to backorder bookings as well as the launch of new models during the year.
2024-01-06 22:53
@speakup I am not sure about the limited growth statement. regardless, I see price now is undervalue even without any further growth potential, maintaining it's business profitability at it's max capacity already can make it's price worth at least it's NTA at above RM6, which the company market price has been many years ago. This is not even considered that the company is now at much much better financial state compare to when the share price at Rm6 above during 2014.
2024-01-07 11:33
I am not saying that the company will revisit RM6 price (not imposible though but still hard), but only stating it's supposed intrinsic value if the company can remain profitability let's say average of at least 8 EPS per QR and slight improve in dividend to at least 6% above
2024-01-07 11:36
sometime investors looked too much into the future and forget about the current undervalue state of the company's price
2024-01-07 11:38
@sincerestock, not I say one. This was what the CEO answered to a question from the floor during the ICAP investor day last year at Klcc
2024-01-07 12:16
@speakup I know, I am not query for validity of the statement, instead I am stating that it doesn't matter much whether the statement is true or not, kindly read my explanation above, thank you
2024-01-07 12:38
Yup. It doesn't matter whether it is a black cat brown cat white cat as long as it catches mouse.
- Deng Xiao Ping
2024-01-07 12:43
take a few profit at 2.85, still got a few left, needed the cash, thank you whoever you are willing to buy from higher bid today
2024-01-17 16:45
very hard to decide my last TP here, tempting to sell but seems like better wait and see next QR first
2024-01-29 11:07
APM is leader of component OEM. Highly automated. More car sales, more components required. Just read the profit trend to make sure you are not leaving behind.
2024-01-30 09:35
@KingKKK thanks for the video @ks55 agreed
next QR is important to prove it's ability to generate good profit when cars demand is high
anything similar (if not better) than current QR is anticipated
2024-01-30 11:28
for my understanding.. next QR will be not as good as this QR,
because this QR some profit is came from recovery of tooling cost, it is one gain if not mistaken..
but i still hold this stock since 2.3 till now...
plan to avg up before this QR release..
betting PB will back to normal and maybe a surprise special div will be given!
2024-02-01 11:33
But i hope recovery tooling cost is just small part of the profit la..
continue monitor in coming QR
My own TP is break historical high 6.5
2024-02-01 11:41
From the technical chart, It form reverse head and shoulder and breakout.
now heading to previous resistance 3.3-4.2 range
2024-02-01 11:44
Hi all, please find below my latest blog on APM which I think is An UNDERVALUED GEM Revving Up For Growth!
https://klse.i3investor.com/web/blog/detail/bestStocks/2024-02-03-story-h-189341481-APM_An_UNDERVALUED_GEM_Revving_Up_For_Growth_KingKKK_Intrinsic_Value_RM
2024-02-03 16:14
Proton sold 12,882 units in January, best start to year since 2013
https://theedgemalaysia.com/node/699853
Looks like Total Industry Volume (TIV) is going to increase in January against Jan 2023. This is positive to APM.
2024-02-05 17:30
Stock in uptrend with MA20 higher than MA50 and MA200.
Support is RM2.82
Resistance RM3.10
2024-02-07 10:24
Vehicle sales up 31% to 50,168 units in January
https://www.thestar.com.my/business/business-news/2024/02/20/vehicle-sales-up-31-to-50168-units-in-january
Despite many experts predict that 2024 TIV will drop against 2023, January sales jumped 31% !
This is positive to auto parts maker like APM.
I maintain my intrinsic value of RM4.66 for APM
https://klse.i3investor.com/web/blog/detail/bestStocks/2024-02-03-story-h-189341481-APM_An_UNDERVALUED_GEM_Revving_Up_For_Growth_KingKKK_Intrinsic_Value_RM
2024-02-20 16:52
autoparts, regardless which part seems to have announced better QR so far due to improved automotive sector of our country. HIL & NOTION are few of the examples
2024-02-23 11:41
APM is about to release its 4th QR. Expecting to be super good due to record car sales for 2023......
2024-02-27 16:43
can catch up with NHFATT's price with 2 better most recents QR and better total dividend per share?
2024-02-27 17:54
dividend back to 2013 2014....
luckily they manage to increase price to improve profit margin
2024-02-27 23:04
My latest update on APM:
https://klse.i3investor.com/web/blog/detail/bestStocks/2024-03-14-story-h-186455664-APM_Moderating_growth_assumption_KingKKK_New_Intrinsic_Value_is_RM3_80
2024-03-14 20:17
TIV for February is the first drop in 8 months, my latest update on APM:
https://klse.i3investor.com/web/blog/detail/bestStocks/2024-03-21-story-h-185650473-APM_Latest_TIV_drop_to_affect_growth_New_TP_RM3_00
2024-03-21 08:41
Believe APM is going to release another set of sterling result in next few days. Traditionally more car sold prior to Chinese New Year, and this year is special, it covers Hari Raya as well.
2024-05-13 15:57
3rd consecutive grade A result, matter of time for price to adjust accordingly to latest fundamental
2024-05-24 17:38
Earning per share 10.34 sen, NTA rm 7.29, last year dividend paid 18 sen per share. This year will be better as APM is reporting a better result.
2024-05-24 19:26
Good result despite sale drop 3% thank to lower energy & raw material price, stable ringgit. Good chance continue to pay 18sen div.
2024-05-24 19:41
it doesn't matter good EPS is due to revenue up or profit margin up, most important is sustainability, not any one off gain.
one off gain would only be good for NTA or potential special dividend
2024-06-01 12:30
Ringgit drop from decade ago 3usd to now 4.7usd, APM export hardly increase. May be u get some hint from this Article .
"Malaysia's automotive supply chain costs 30% more than China"
https://theedgemalaysia.com/node/714402
APM a Kampong Auto Spare part Champion?
2024-06-06 18:26
sold a few APM to lock profit at 3.06 (22 july 2024, 10.40am, still got a few left), preparing cash to buy other cheap stock
2024-07-22 10:41
so so or just a little good QR (yoy wise), will keep my few remaining APM as of now and see how
2024-08-26 11:37
reluctantly sold all few remaining APM at 2.97 (27 august 2024), needed urgent cash to top up PPHB at significant discount good bargain of RM0.855
2024-08-27 12:16
apm really one segment business save whole family..hahaha
core business keep increasing..
1 week ago
APM Q3 Earnings Review - Maintain Intrinsic Value RM3.00
https://klse.i3investor.com/web/blog/detail/bestStocks/2024-11-20-story-h474667049-APM_Q3_Earnings_Review_Intrinsic_Value_RM3_00
1 week ago
SS13
Extract from last qtr results:-
The automotive industry in Malaysia recorded a strong performance during the first nine months of 2023.
As reported by the Malaysian Automotive Association (MAA), the total industry volume ("TIV") for the first nine months of 2023 stands at 571,767 units, which is an increase of 11.1% or 57,318 units compared to the same period last year. Based on the trajectory, the TIV for 2023 is expected to achieve the forecast of 725,000 units set by the MAA in July 2023. The upward momentum in the TIV is mainly supported by, among others, high level of backorder bookings, improvement in the automotive industry supply chain environment and new model launches. The Group is maintaining a cautiously optimistic outlook and expects orders to remain strong due to backorder bookings as well as the launch of new models during the year.
2024-01-06 13:54