Stockbit Malaysia

Happy Saturday Stockbitors! Here are some interesting articles from Stockbit over last week! 1. $KIMLUN - Takeaways from RHB's Webinar Session with Kimlun CEO https://stockbit.my/post/14564470 2. Stocks Surpassing 5.25% Dividends in 2023 https://stockbit.my/post/14570658 3. Why we should read as many annual reports as we can https://stockbit.my/post/14581155 4. Reading $OPENSYS FY23 Annual Report https://stockbit.my/post/14605932 5. Sectors and Companies that might Boom from Microsoft Huge Investment https://stockbit.my/post/14624333 6. $PRTASCO - Another Potential Corporate Action Play https://stockbit.my/post/14616709 7. $HOMERIZ: Waiting for a Catalyst https://stockbit.my/post/14621627 8. Farm Price Holdings IPO简介 https://stockbit.my/post/14618972 9. $DXN - A Growth Story and Dividend play all in one. https://stockbit.my/post/14626485 10. Mohnish Pabrai's PE of 1 https://stockbit.my/post/14627423 Stay safe and have a good weekend! Join the Stockbit Malaysia community today as we share and discuss about stocks, economics, investments, trades and so much more! It's all FREE! Download our dedicated Malaysian app here: https://stockbit.my/download Let's talk more on Stockbit.my!

Market Update 3 May 2024 Follow us on our social platforms: https://linktr.ee/stockbitmy

JAKS COLLABORATES WITH CALB TO EXPLORE BATTERY ENERGY STORAGE SYSTEM OPPORTUNITIES Imej Jiwa shares the latest news: “… its wholly-owned subsidiary, JAKS Solar Power Holdings Sdn Bhd has entered into a Memorandum of Understanding (“MOU”) with CALB Group Co., Ltd (“CALB”) to explore the feasibility of collaboration in the battery energy storage system (“BESS”) market, particularly in Southeast Asia region. The collaboration will involve opportunities for cross-border renewable energy (“RE”) projects in Malaysia. Additionally, there are plans to establish a joint venture aimed at producing and integrating battery modules/packs with CALB battery cells..." —— Read in full here: https://stockbit.my/post/14621591 Follow Imejjiwa on Stockbit to get the latest announcements! https://stockbit.my/user/Imejjiwa Share our channel: @stockbitmalaysia

Mohnish Pabrai's PE of 1 Stockbitor realalvinang shares the video: “If you sift through companies with a PE of 40, you'll find plenty, but the pool diminishes as the PE drops. However, Mohnish Pabrai advocates seeking out companies with a PE of 1 ... ... There are two methods to uncover these hidden PEs of 1. The first involves predicting future earnings. Pabrai cites Fiat Chrysler... The second method involves excluding a company's cash reserves. Pabrai illustrates this with IPSCO ... ... Take $LYSAGHT for instance. Presently, the company boasts a market capitalization of approximately RM108.5 million, yet it holds net cash totaling RM94.94 million. This implies that 87.5% of the company's market capitalization consists of cash. By excluding this cash, the PE ratio dwindles to just 1.2." —— Read in full here: https://stockbit.my/post/14627423 Share our channel: @stockbitmalaysia

$DXN - A Growth Story and Dividend play all in one. Stockbitor terence775 shares his notes: "1. Steady growth in financial performance over the years, showing resiliency. 2. Dividend policy >=50%, with intention to pay out on quarterly basis... 5. Latin America is growing very fast. India is also growing very fast. Introducing new SKU to these markets. ... ... 10. Experiencing higher depreciation costs as new facilities... were just completed... 14. RM 400mil spent on capex in past 3 years to set up 7 new manufacturing facilities and 4 new cultivation facilities, as well as modernize... 15. Current utilisation rate... 17. Venturing into Brazil... 25. Cash around rm 650+m. But need to reserve cash buffer... pay off and reduce revolving credit... 26. Board is in favour to continue to pay out dividends... 27. FSI tax exemption... Some risks ... They have a big presence in emerging markets... Geopolitical tensions..." —— Read in full here: https://stockbit.my/post/14626485 @StockbitMalaysia

Sectors and Companies that might Boom from Microsoft Huge Investment Stockbitor realalvinang shares the sectors that benefited from AI/DC: “Microsoft made a commitment yesterday to invest US$2.2bil (RM10.5bil) in artificial intelligence and cloud computing infrastructure in Malaysia, ... Server Hardware Distributor The primary reason lies in the substantial computational power needed for AI training, ... $VSTECS and $SNS ... System Integration System integration is pivotal in AI, ... $CLOUDPT and $INFOTEC ... System OBM/CM Server OBM/CM involves producing hardware components ... including $NATGATE, $PIE, $ATECH and $EG. Mechanical, Engineering and Process (MEP Engineering) MEP Engineering play a crucial role in designing, installing, and maintaining the infrastructure ... might be benefited including $CHB, $HEGROUP and $MNHLDG Contractors ... $GAMUDA, $IJM, $SUNCON, $YTL and $HSSEB might be benefited." —— Read in full here: https://stockbit.my/post/14624333 Share our channel: @stockbitmalaysia

Yinson Production completes USD 1.3 billion debt financing for the Agogo FPSO Imej Jiwa shares the latest news: “…Yinson Production is pleased to announce the successful closing of the limited recourse term loan facility of up to USD 1.3 billion for the pre- and post-delivery f inancing of the Agogo FPSO. The financing is provided by a consortium of 13 lenders, including international banks and institutional investors, and will be utilised over the course of the construction of the FPSO. The financing comprises three pari-passu secured tranches with staggered maturities of up to 10 years post-delivery of the FPSO. Subject to satisfaction of certain conditions, the financing will become non-recourse post-delivery of the FPSO...." —— Read in full here: https://stockbit.my/post/14621311 Follow Imejjiwa on Stockbit to get the latest announcements! https://stockbit.my/user/Imejjiwa Share our channel: @stockbitmalaysia

$FEYTECH - Feytech Holdings Berhad: Leading Manufacturer of Automotive Cover. $FEYTECH is a prominent manufacturer specializing in automotive covers and seats. With 21 years of experience in automotive cover production, the company has established a strong track record and reputation, ranking as the third-largest automotive cover manufacturer in Malaysia. Feytech has demonstrated its proficiency in meeting design and manufacturing standards set by both local and international automotive OEMs. Moreover, the company's expansion into downstream operations enables it to provide comprehensive services to catering various market segments. This expansion has broadens Feytech's customer base. Are you interested in this IPO? The application will close at 5pm on May 8th, 2024 (Wednesday). Good luck! Join the discussion here: https://stockbit.my/post/14624465 Download our dedicated Malaysian app here: https://stockbit.my/download

Good Day Stockbitors, here are the Research Reports for today (03/05/2024)! Follow BursaBuzz for all the reports! https://stockbit.my/user/BursaBuzz See the full reports here: - Companies: $FRONTKN by Apex https://stockbit.my/post/14624227 $FRONTKN by HLIB https://stockbit.my/post/14624444 $FRONTKN by Maybank https://stockbit.my/post/14624518 $LCTITAN by CGS https://stockbit.my/post/14624746 $LCTITAN by Maybank https://stockbit.my/post/14624538 $LCTITAN by TA https://stockbit.my/post/14624379 $MCEMENT by CGS https://stockbit.my/post/14624840 $RCECAP by Maybank https://stockbit.my/post/14624570 $TAANN by RHB https://stockbit.my/post/14624698 $TGUAN by Kenanga https://stockbit.my/post/14624865 $VELESTO by CGS https://stockbit.my/post/14624272 $WPRTS by CGS https://stockbit.my/post/14624306 $WPRTS by HLIB https://stockbit.my/post/14624479 $WPRTS by Kenanga https://stockbit.my/post/14624891 $WPRTS by Maybank https://stockbit.my/post/14624648 $WPRTS by MIDF https://stockbit.my/post/14624339 $WPRTS by RHB https://stockbit.my/post/14624675 $WPRTS by TA https://stockbit.my/post/14624407 Share our channel: @StockbitMalaysia

$HOMERIZ: Waiting for a Catalyst Stockbitor realalvinang shares his analysis: “$HOMERIZ has announced its Q2FY24 result on April 26th. Here are some updates. 1. Income Statement - YoY Revenue posted at RM57.57mil, increased by 44.64%. While PBT posted at RM11.44mil, 66.53% increased ... - QoQ Revenue has increased by 7.09% while PBT has decreased by 6.98% as the decreased of PBT ... 2. Balance Sheet The company's cash reserves total RM183.86 million, translating to RM0.40 per share ... 3. Cash Flow Positive FCF of RM9.68mil. 4. Management Outlook Increasing in production costs and fluctuation of Forex are the challenges to the company. 5. Personal Opinion ... 👍 Strengths 📍Robust Cash Reserves: ... 📍Resilient Operations: ... 📍Unique Brand Advantage: ... 👎 Weaknesses 📍Insufficient Growth: ... 📍Reduced Dividend: … 📍Absence of Catalysts: ..." —— Read in full here: https://stockbit.my/post/14621627 Share our channel: @stockbitmalaysia