Highlights
KLSE: FRONTKN (0128)       FRONTKEN CORP BHD MAIN : Technology
Last Price Today's Change   Day's Range   Trading Volume
3.46   -0.05 (1.42%)  3.43 - 3.56  4,771,900
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Overview

Market Cap: 3,645 Million
NOSH: 1,053 Million
Avg Volume (4 weeks):4,645,752
4 Weeks Range:3.25 - 3.80
4 Weeks Price Volatility (%):
38.18%
52 Weeks Range:0.985 - 3.80
52 Weeks Price Volatility (%):
87.92%
Average Price Target: 3.18
Price Target Upside/Downside: -0.28
Stamp duty exempted for year 2020

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2020 [#2]  |  04-Aug-2020
Next QR | Est. Ann. Date: 30-Sep-2020  |  05-Nov-2020
T4Q P/E | EY: 48.87  |  2.05%
T4Q DY | Payout %: 0.78%  |  37.94%
T4Q NAPS | P/NAPS: 0.3979  |  8.70
T4Q NP Margin | ROE: 23.00%  |  17.79%

Headlines

Date Subject
10-Aug-2020 [转贴] Frontken FY2020 Q2季报分析 - E.E. CAMERON
06-Aug-2020 Frontken 第二季度净利润增加到RM20.33 million
06-Aug-2020 【行家论股/视频】前研科技 半导体订单撑业绩
05-Aug-2020 Frontken Corporation Berhad. Financial Q2FY2020 Updates
05-Aug-2020 Frontken Corporation - Another Record but the Best is Yet to Come
20-Jul-2020 Technology - Race to Supremacy
13-Jul-2020 Stocks on Radar- Frontken Corporation (0128)
12-Jul-2020 [转贴] [Facebook live video:浅谈Frontken corp bhd (Frontkn)] - James的股票投资James Share Investing
09-Jul-2020 前研科技试叩RM2.98/敏源
04-Jun-2020 [转贴] [FRONTKEN CORP BHD:不断努力提高集团效率所带来的收入提高和利润率提高] - James的股票投资James Share Investing
01-Jun-2020 M+ Online Technical Focus - 1 June 2020
01-Jun-2020 Daily Market Update - 1 Jun 2020 (CANONE, FRONTKN)
28-May-2020 Daily Market Update - 28 May 2020 (TGUAN, FRONTKN)
14-May-2020 【行家论股/视频】前研科技 全年盈利看涨
13-May-2020 Mplus Market Pulse - 13 May 2020
13-May-2020 Frontken Corporation - Best 1Q Ever
17-Apr-2020 Daily Technical Highlights – (FRONTKN, LUXCHEM)
17-Apr-2020 前研科技试探RM2.24/敏源
10-Apr-2020 Frontken Corporation - Cleaner’s Natural Immunity to Covid-19
07-Apr-2020 Daily Technical Highlights – (FRONTKN, CARIMIN)

Business Background

Frontken Corp Bhd is Malaysia-based investment holding firm. The company with its subsidiaries are engaged in provides surface and mechanical engineering solutions, serving a wide-range of heavy industries such as Oil and Gas, Power Generation, Semiconductors, and Marine industry. It also provides various specialized engineering services, such as thermal spray coating, cold build up coating, plating and conversion coating, specialized welding, precision cleaning, abrasive blasting, machining and grinding. In addition, the company provides surface treatment and precision cleaning for the thin film transistor-liquid crystal display and semiconductor industries. Most of its revenue comes from Singapore market, while it also has a presence in Malaysia, Taiwan, and other countries.
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  49 people like this.
 
Aaron_tan Too high. All dispose
23/07/2020 8:03 PM
gloveisgold No la. Just total of 8m shares. Under the Listing Rules substantial shareholders in the holding Co need to announce
24/07/2020 1:45 PM
newbie8080 The disposal is not in the open market.
It's likely that it was sold to someone close.
24/07/2020 2:13 PM
Aaron_tan 3.38. Soon can recollect 3.0
24/07/2020 5:21 PM
Aaron_tan Nasdaq red again. Monday buy 3.0
25/07/2020 9:27 AM
abn10 “And later, when asked if Intel would be willing to outsource more of its manufacturing work to foundries (such as TSMC) in light of its 7nm setback, Swan didn't rule out the possibility.” I quote this from https://realmoney.thestreet.com/investing/technology/intel-s-manufacturing-setback-must-be-music-to-amd-and-tsmc-s-ears-15381322 titled “Intel's Manufacturing Setback Must Be Music to AMD and TSMC's Ears”
26/07/2020 1:54 AM
god2077 FRONTKEN Coming see TSM share
27/07/2020 9:05 AM
Choong Wah Kean Frontken is related to TSMC.
27/07/2020 11:15 AM
newbie2y ah huat bai kah feh...her le yi bei you yi bei...huat ar!
27/07/2020 3:34 PM
abn10 So funny @god2077. Why almost everyone really like to condemn before even research properly? At least ask politely
27/07/2020 4:25 PM
Cakes Moon What is your bank account number god2077, please allow me to treat you Musang King for your enlightenment this morning.
27/07/2020 6:23 PM
Aaron_tan Ya thanks. Enter 3.46 sell all 3.63. Thanks buyer
27/07/2020 6:38 PM
Aaron_tan anytime from now.expect to be bad like MI
27/07/2020 7:58 PM
god2077 @Cakes Moon I already pm you in i3 , i love durian!
28/07/2020 8:36 AM
god2077 today another day to go please see TSM share!
28/07/2020 8:36 AM
Fundamental123 Post removed. Why?
28/07/2020 5:59 PM
Cakes Moon Hi god2077, done. Enjoy your musang king ya!
28/07/2020 8:16 PM
Cakes Moon The price is falling? Any1 know when the result will be out?
29/07/2020 10:52 AM
newbie8080 The major shareholder had been disposing 64,650,000 since May 2020 to someone.

The company is always able to have private placement.

The question is why reduce his stake?
29/07/2020 12:09 PM
god2077 Thanks Cakes i will eat musang king and buy FRONTKN
29/07/2020 4:02 PM
god2077 TSM rebound back, time to monitor frontken!
30/07/2020 8:15 AM
Aaron_tan Monday 3.3?
30/07/2020 8:59 PM
DannyArcher @newbie8080

I think it is Frontken's parent company.... Dazzle. Seems like they are concentrating everything into a single company... not too sure why, but they are all from the same company and owner, just passing around.
30/07/2020 9:32 PM
Lee Kok Wee Post removed. Why?
31/07/2020 4:14 AM
Lee Kok Wee Post removed. Why?
31/07/2020 4:15 AM
gloveisgold Anyone planning to attend Frontken's AGM on Wednesday, 5th?
02/08/2020 1:44 PM
newbie2y @gloveisgold, pls help to share some info if u go...unfortunately Im oustation, else if it is virtual I will attend for sure..
03/08/2020 11:08 PM
newbie8080 AGM is tomorrow at Eastin Hotel.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3066183

Anyone here joining?
04/08/2020 9:57 AM
newbie8080 Those who are joining the AGM should ask this questions:
1. Why major shareholder is disposing his own shares of 64,650,000 lately?
To whom?
2. Is the company plans to explore precision cleaning in medical devices to reduce dependency on semiconductor earnings.
3. Will the company be expanding the operations to support TSMC new plant in US?
4. Will the company be providing cleaning services to SMIC china?
04/08/2020 11:03 AM
god2077 Whose joining AGM? can pm me i cant attend..
04/08/2020 1:29 PM
kariwong9394 Excellent company..
04/08/2020 1:41 PM
cuwawa Ok nice and steady my beloved FRONTKN..Hope for the best..
04/08/2020 4:59 PM
god2077 higher profit margin..
04/08/2020 9:15 PM
BatteriesNotIncluded Post removed. Why?
05/08/2020 12:41 PM
DannyArcher Ordinary Resolution 7 Proposed Renewal of Share Buy-Back Mandate.
Result: Accepted
05/08/2020 5:24 PM
LongTermInvestor8 Frontken is good, however, here are 4 other long term tech stocks to own due to their growth potential. Do add them to your existing portfolio. Thank you.

https://klse.i3investor.com/blogs/ndcg/2020-07-20-story-h1510607266-The_Next_Rally_Invest_In_FRONTKN_DUFU_PENTA_FPGROUP_and_TIME.jsp
09/08/2020 10:42 AM
mf Nasdaq 11,010.98 -97.088 0.87%
10/08/2020 8:38 AM
InsiderShark During covid lockdown globally, they are able to make 20% more for last quarter. TSMC is growing, and growing bigger. Frontken will also grow big with big brother. Imagine this, 20% more during lockdown... nothing to worry. TP4.00
10/08/2020 11:57 AM
abn10 The Group’s revenue for the current quarter ended 30 June 2020 increased by approximately RM7.5 million (9.3%) compared to the preceding year corresponding quarter mainly contributed by our subsidiary in Taiwan. This was mainly due to the positive growth of the semi-conductor business. However, slowdown in our customers’ business in the oil and gas sector resulted in a drop in business for the Group’s oil and gas subsidiaries in Malaysia, Singapore and the Philippines. In addition, the Movement Control Order (“MCO”) implemented by the Malaysian Government due to the COVID-19 pandemic had resulted in some disruption in our operations in Malaysia and to a lesser degree, our oil and gas business in Singapore and the Philippines.
The Group’s profit before tax (“PBT”) of RM27.9 million for the current quarter was RM4.8 million or 20.8% higher than the corresponding quarter’s RM23.1 million. The higher profit was mainly due to improved revenue and better profit margin resulting from the continual efforts to improve efficiency across the Group. This was our historical best quarter performance even with the global slowdown caused by the COVID-19 pandemic.
10/08/2020 1:14 PM
abn10 The Group’s revenue of RM172.5 million for the current period ended 30 June 2020 was RM8.5 million (5.2%) higher than that achieved in the preceding year corresponding period mainly contributed by our subsidiary in Taiwan. The performance would have been better but for the indirect impact from the COVID-19 pandemic.
Against the same period last year, the PBT for the Group increased by RM7.0 million (15.3%) as a result of improved revenue and vigilance in cost management.
10/08/2020 1:15 PM
abn10 The Group recorded a remarkable second quarter and first half results with a 20.8% and 15.3% increase respectively in its PBT compared to the preceding year corresponding period mainly attributable to the positive growth in our semi-conductor business. Looking forward, the Group is seeing advancement and deployment of new innovative technologies following from the roll-out of 5G globally and we believe these developments in the electronic and technology space will be positive for our business. Nevertheless, the Group anticipates that the overall business conditions for the remaining 6 months period in 2020 will continue to be uncertain amidst global uncertainties and downside risks due to heightened concerns over the impact of the potential second wave from COVID-19 on the world economy.
As for the oil and gas industry, we notice that new orders are trickling in from the various umbrella contracts for provision of manpower supply and also mechanical rotating equipment services and parts that we have with from the Petronas Group of Companies. We hope this momentum will pick up further during the second half of this year. Having said that, global oil demand and the COVID-19 pandemic will all remain a key source of risk to the current outlook.
While the Group anticipates that the overall business conditions in the remaining two quarters of the current financial year to remain uncertain, we are cautiously optimistic that our performance for the remaining months will be satisfactory.
10/08/2020 1:16 PM
OldWiseMan100 20% more profit during lockdown, this stock already prove it can fly. TP4.00
10/08/2020 2:08 PM
OldWiseMan100 Don't get angry, just my opinion. Frontken is a good company, very well managed, unfortunately the timing is bad. Invest in MPI, they make components for TESLA via Bosch? Thank you. Sorry for disturbing.

https://klse.i3investor.com/blogs/ndcg/2020-08-05-story-h1510607267-MPI_The_TESLA_And_EV_Factor_Super_Massive_Growth.jsp
12/08/2020 12:06 AM
DannyArcher Buy Buy Buy

Frontken 2Q net profit rises 23% to RM20.33m, declares 1.2 sen dividend

https://www.theedgemarkets.com/article/frontken-2q-net-profit-rises-23-rm2033m-declares-12-sen-dividend
12/08/2020 12:34 AM
sour_grape_so_sour si kiao kiao, where are all the money going
12/08/2020 7:32 AM
MingGoon Frontkn..
Profit keep increasing each quarter, and quarter.
Cheers Frontkn
12/08/2020 4:09 PM
menort Tomorrow better take profit then wait until afternoon for the Malaysia GDP report news out.

If result negative can affect the price.
14/08/2020 3:29 AM
Wawai Samah gdp drop -17
14/08/2020 1:54 PM
fl888 Better than expected GDP of 18% or more.....so net so far only -16.5% GDP figure while 6-9 months expected better figures
14/08/2020 1:58 PM
ttluck waiting to drop till below rm3 only accumulate
14/08/2020 3:09 PM


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