KLSE (MYR): PANTECH (5125)
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Last Price
0.94
Today's Change
+0.005 (0.53%)
Day's Change
0.935 - 0.95
Trading Volume
914,300
2023-10-06
Insider
PUAN NOORAINI BINTI MOHD YASIN (a company director) disposed 10,000 shares at 0.838 on 06-Oct-2023.
2023-10-06
Insider
PUAN NOORAINI BINTI MOHD YASIN (a company director) disposed 6,000 shares at 0.845 on 05-Oct-2023.
2023-10-08 05:06
Can buy pantech at this price loh....the earning & dividend is very good loh!
2023-10-08 11:39
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3392589
I like it.
It shows the company has spare cash and willing to SBB at a higher price.
2023-10-17 11:06
Despite the profit decline https://www.instagram.com/p/Cym9ugwyPj-/?img_index=1, Pantech made a strategic decision to maintain its dividend at RM 0.015 per share.
2023-10-20 14:50
The EPS is up 5% QoQ. Down 9% YoY. Half Year down 4%.
I don't see anything alarming. The company is not in a growing phase and they are only at optimal size with healthy earnings.
The dividend payout is 3/6.7 = 45% which is very comfortable.
2023-10-23 11:51
QR no good😥, still able to maintain dividend of 1.5sen😀.
Next QR should be better since Petronas has huge capex
starting this year.
2024-01-18 17:30
*Results Update*
*Pantech Group Holdings Berhad (5125)*
*Target Price: RM1.18 (Buy)*
📌 9MFY24 core net profit came in within ours but below consensus’ expectations.
📌 The group declared a third interim dividend of 1.5 sen/share, bringing the YTD DPS to 4.5 sen.
📌 3QFY24 PBT dropped 41.8% YoY dragged by both softer demand from local O&G projects for the Trading Division as well as lower ASP and lower demand for the Manufacturing division.
📌 The group should register better performance in FY25 as the tenders for major projects such as PIPC are expected to commence in mid-2024.
📌 Reiterate Buy with an unchanged TP of RM1.18/share based on 10x CY24 EPS.
https://taresearch.taonline.com.my/rrs/files/2024/1/PANTECH_RU_20240119.pdf
2024-01-19 08:39
Company has 225m cash and bank balance... only 12m in FD. They even had 205m in short term borrowings probably for buying materials. Why do they even waste the 225m when they can use it to buy materials with cash without using short term borrowings? Or at least put them in FD. If you assume short term borrowings as LC/BA/TR, at around 6% annually, they would have save millions in borrowing cost.
2024-02-19 13:34
it's important to keep some cash and available credits especially to bid for new projects. Customersndo evaluate.the company cash flow to ensure their financial ability to take up expensive projects.
Interest from loans can help to offset some taxes. it's a smart way to optimise tax.
All smart biz ppl do take up loans and now you know why.
2024-02-19 17:50
ooikh889,
My bad, you reminded me of how the banks are operating. If you don't use a big portion of the facilities you secured, chances are they will be downsized in near future. I just thought that they could at least at least put some of these money to better use like short term FD which could be redeemed to payoff these operating capex borrowings if necessary.
2024-02-19 20:21
Andre,
I don't have the answer, you can ask the management during AGM.
Or write to them and wait for their reply. I would like to know too.
2024-02-19 20:49
Andre Kua,
Loan interest is expense to P&L, that will offset the income and hence the net taxable amount is lower. make sense?
2024-02-20 17:30
Stock
[PANTECH]: PANTECH GROUP HOLDINGS BHD
Announcement Date
22-Feb-2024
Listing Date
23-Feb-2024
New Type/Class?
No
Type
ESOS
Details
EMPLOYEES' SHARE OPTION SCHEME
No. of shared issued
142,750
Issue Price
Malaysian Ringgit (MYR) 0.490
Par Value
0.000
Total NOSH
851,417,672
2024-02-23 10:47
Stock
[PANTECH]: PANTECH GROUP HOLDINGS BHD
Announcement Date
19-Mar-2024
Listing Date
21-Mar-2024
New Type/Class?
No
Type
ESOS
Details
EMPLOYEES' SHARE OPTION SCHEME
No. of shared issued
168,250
Issue Price
Malaysian Ringgit (MYR) 0.490
Par Value
0.000
Total NOSH
852,072,572
2024-03-20 08:34
added more shares to my initial position in Pantech. Awesome management team.
2024-04-23 09:32
Good QR, .15sen div as expected. Base on the QR,
looks like next FY will be better.😄😁🤑
2024-04-25 18:03
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
From 2019 to 2023
Revenues grew >50% from 609m to 1,038m.
Gross profit grew 100% from 140m to 274m
Pretax income and Net income grew 250%.
Funds from operations were positive every year during this period.
Working capital increased during this period (increasing AR and inventories) in keeping with increased revenues.
Due to working capital changes, its NOCFs were volatile and negative in 2 of these 5 years. Overall, NOCF generated over the 5 years was 252.7m.
Its capex for the 5 years was -90.7m.
Its total FCF for the 5 years was 162m (averaging 52m per year).
It paid out 104.3m as dividends during the 5 years and this is a DPO of 35%.
During the 5 years, it retained a total of 154m and grew its net income by 69m from 47m in 2019 to 116 in 2023, giving a return on retained earnings of 69m/154m = 44%.
Its gross profit margins improved from 23% in 2019 to 26.4% in 2023.
Its net profit margins improved from 7.72% in 2019 to 11.18% in 2023.
ROA improved from 4.04% in 2020 to 9.91% in 2023.
ROE improved from 6.14% in 2020 to 15.38% in 2023.
In general, its business which is volatile (though profitable, the earnings are not consistent and not growing consistently), is enjoying a very good stretch this period. Its revenues and profits are the highest for this 5 year period.
The price of Pantech today is MYR1.06 and in 2019 it was MYR0.50. (100% rise).
Has the price reflecting already these good performance?
Will its good earnings sustain or increase in the next few years?
Is 2023 good performance, pent-up rebound demand from the Covide pandemic period?
If you can predict its revenues and earnings going forward, and with clarity, then you can value the share and thus make an intelligent investment.
2024-04-26 16:07
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
At price of MYR 1.06, its market cap is 878,74m.
Over the last 5 years, it generated 297m in net earnings, that is about 60m per year.
Over the last 5 years, it generated 162m in FCF, that is about 32 m FCF per year.
The above translates into Earning Yield of 6.83% (PE of 14.6) and FCF yield of 3.64%. (=32m/878m)
2024-04-26 16:16
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
PANTECH 26.4.2024
Fiscal year is March-February. All values MYR Millions.
BUSINESS PERFORMANCE
INCOME STATEMENT 2023 2022 2021 2020 2019 5 Yr total
SALES/REVENUES 1,038.00 751.00 486.00 603.00 609.00 3,487.00
GROSS INCOME 274.00 185.00 110.00 127.00 140.00 836.00
PRETAX INCOME 155.00 97.00 36.00 46.00 61.00 395.00
NET INCOME 116.00 72.00 26.00 36.00 47.00 297.00
NOSH (DILUTED) 829.00 784.00 749.00 761.00 766.00
- - - - -
CASH FLOW STATEMENT 2023 2022 2021 2020 2019
FUNDS FROM OPERATIONS 143.32 101.51 52.03 55.07 63.77 415.70
NOCF 71.23 -3.46 92.71 127.05 -34.86 252.68
CAPEX -15.20 -11.86 -14.19 -15.35 -34.07 -90.67
FREE CASH FLOW 56.03 -15.32 78.52 111.71 -68.93 162.01
DIVIDENDS 45.18 23.24 9.70 15.00 11.14 104.26
- - - - -
BALANCE SHEET 2023 2022 2021 2020 2019 5 Yr change
RETAINED EARNINGS 497.00 430.00 383.00 361.00 343.00 154.00
TOTAL EQUITY (Book Value) 821.00 754.00 674.00 659.00 586.00 235.00
TOTAL ASSET 1,146.00 1,170.00 907.00 909.00 892.00 254.00
2024-04-26 16:19
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
MANAGEMENT PERFORMANCE - - - - -
FISCAL YEAR ENDING 2023 2022 2021 2020 2019
GROSS PROFIT MARGIN 26.40% 24.63% 22.63% 21.06% 22.99%
PRETAX PROFIT MARGIN 14.93% 12.92% 7.41% 7.63% 10.02%
NET PROFIT MARGIN 11.18% 9.59% 5.35% 5.97% 7.72%
ASSET TURNOVER 0.89 0.83 0.53 0.68 #DIV/0!
FINANCIAL LEVERAGE 1.55 1.35 1.38 1.52 #DIV/0!
ROA 9.91% 7.94% 2.86% 4.04% #DIV/0!
ROE 15.38% 10.68% 3.95% 6.14% #DIV/0!
DPO RATIO 38.94% 32.28% 37.32% 41.66% 23.70%
- - - - -
VALUATION - - - - -
FISCAL YEAR ENDING 2023 2022 2021 2020 2019
PRICE 1.06 0.72 0.54 0.41 0.50
MARKET CAP (millions) 878.74 564.48 404.46 312.01 383.00
- - - - -
NAPS 0.99 0.96 0.90 0.87 0.77
EPS 0.14 0.09 0.03 0.05 0.06
P/B 1.07 0.75 0.60 0.47 0.65
P/E 7.58 7.84 15.56 8.67 8.15
EARNINGS YIELD 13.20% 12.76% 6.43% 11.54% 12.27%
FCF YIELD 6.38% -2.71% 19.41% 35.80% -18.00%
DIVIDEND YIELD 5.14% 4.12% 2.40% 4.81% 2.91%
2024-04-26 16:21
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
Fiscal year is March-February. All values MYR Millions. 2023.00 2022 2021 2020 2019
CASH AND EQUIVALENT 180.00 181.00 138.00 89.00 51.00
ST DEBT & CURRENT PORTION OF LT DEBT 201.00 190.00 125.00 133.00 195.00
LT DEBT 32.00 42.00 52.00 59.00 49.00
TOTAL DEBT 233.00 232.00 177.00 192.00 244.00
NET CASH (DEBT) -53.00 -51.00 -39.00 -103.00 -193.00
ACCOUNT RECEIVABLE 169.00 218.00 122.00 155.00 184.00
ACCOUNT PAYABLE 24.00 124.00 20.00 25.00 34.00
RETAINED EARNINGS 497.00 430.00 383.00 361.00 343.00
TOTAL EQUITY 821.00 754.00 674.00 659.00 586.00
TOTAL ASSET 1,146.00 1,170.00 907.00 909.00 892.00
TOTAL ASSET / TOTAL EQUITY 1.40 1.55 1.35 1.38 1.52
TOTAL CURRENT ASSET 781.00 821.00 557.00 555.00 603.00
TOTAL CURRENT LIABILITY 266.00 350.00 166.00 176.00 252.00
NET WORKING CAPITAL 515.00 471.00 391.00 379.00 351.00
CURRENT RATIO 2.94 2.35 3.36 3.15 2.39
Strong balance sheet.
2024-04-26 16:45
PANTECH reserves 580,415,000
Hope to announce for bonus issue shares to reward shareholders
2 months ago
Too much esos...somemore the price 0.47 not fair to other investors...no wonder share price keep on dropping
3 weeks ago
Notice a significant drop in the prices before the financial announcement. Bursa and SC should be more pro active in clamping down on insider's trading. Otherwise how are investors going to trust the exchange. I personally have invested in SGX.
Less exciting but stable. That's what we want with our hard earned money.
2 weeks ago
2024-10-30 0.93 0.93 0.00 (0.00%)
BUY
TA
2024-10-24 0.915 1.17 +0.255 (27.87%)
BUY
TA
this TA really funny changing opinion like changing clothes...
6 days ago
weixuan, the number in sector report is most likely a typo, maybe last price instead of TP. Bloomberg still show TP RM1.17 and his last peer comparison table also show RM1.17. Usually analysts won't change TP without another company report unless whole sector experiences a change like cukai makmur.
3 days ago
Asria
yesterday share buy back today Esos
2023-10-06 08:58