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Overview
Financial Highlight
Headlines
Business Background Denko Industrial Corp Bhd operates in the Plastics foam products sector. It is engaged in the manufacture and sale of plastic injection moulding and high-precision plastic parts internationally. It operates in four segments: Manufacturing, which is engaged in the manufacture and sale of consumer and industrial products. The Trading segment which is engaged in wholesaling and retailing of foodstuff; Management services, which is engaged in the provision of management services, and investment holding, which holds investments in subsidiaries. It operates through three manufacturing divisions, such as Plastic Division, Packaging Division and Food Division.
  dalpinia Revenue down due to USD dropped from 4.4 to 4.0 currency exchange rate, no worry!!! As most important is PAT up!!! 24/02/2021 8:58 AM KPH5328 Alfred had shared that PAT up due to improved productivity and operational efficiency. In the midst of expanding its facilities in Pasir Gudang with another 378,000 sq ft of space. “We are still looking for more factory space to increase our production capacity,” said Foo. On its outlook, the group remains optimistic based on its main customer’s strong order forecast. “In addition, the company foresees production of new customer projects to ramp up and contribute more significantly in the coming months. https://ceomorningbrief.theedgemalaysia.com/article/2021/0140/Home/8/556010#.YDWYur2JgPs.whatsapp 24/02/2021 9:25 AM samflyer IB's are revising the TP, hold this. Aminvest revised TP this morning. Not superman but slow and steady. 24/02/2021 9:33 AM samflyer I bought this very cheap below RM2 for long term, not bothered up or down a little 24/02/2021 3:50 PM  alphajack quite good but not as good as TFP Solutions TFP Solutions volume surged to new high this year as investors pour in Shares in ACE Market-listed TFP Solutions Bhd have been gaining traction among investors, with their price rising over 50% in the last 3 weeks The share price, which has consolidated from its earlier high of 25.5 sen in Jan 5 earlier this year, gained 17% to close at 20.5 sen in March 2 along with a significant rise in volume of 144 million shares traded, which is its highest this year 50 c coming huat arrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr 02/03/2021 8:32 PM  SuperPanda wow precisely predict, comment during break, after break it drop already 08/03/2021 5:33 PM fortheemprah Consolidation phase. Consolidate at 2.7 before it can stablise at a higher price. That's typically how shares work. 17/03/2021 4:06 PM investortrader88 bought this counter few days ago at RM 3.01.so fast going up.:):):).good luck guys. 02/04/2021 11:38 AM investortrader88 ATA IMS - Expansion Signal Viewed Positively Date: 03/03/2021 Stock : ATAIMS Source : AffinHwang Price Target : 3.70 Last Price : 3.37 Secured third model for US-based crafting customer; and bidding for more projects with different customers Key customer pipeline remains robust. Targets 70:30 revenue mix between key customer vs. the rest in FY22 (currently c.85:15) We remain upbeat on ATA’s near-term outlook. Reiterate Buy with a higher target price of RM3.70 Key Customer’s Future Pipeline Could Drive Up ASP At its post briefing call yesterday, ATA IMS (ATA) management echoed the view that the current existing work-from-home trend is expected to sustain and drive the demand for home appliances, as it sees strong order momentum for 2021. In terms of its key customer, future products in the pipeline could involve more sophisticated technology (ie, robotics, batteries) which could drive the overall blended ASP higher over the next 5 years. Secured New Model for Its Biggest Non-key Customer We are positive that its US-based customer has awarded ATA with a third crafting model, which is expected to commence production from June 2021 onwards (FY22). ATA is also in the midst of bidding for a few new projects for a particular smaller client, albeit with low expected volumes. Bigger Space, More Machines to Cater to Growth The most recent Pasir Gudang facility expansion (Fig 1) is expected to be fully utilised by early 2H CY21. Even before that, the group is already in the midst of sourcing for a new factory of 350k sf size (+15% of existing capacity), which was guided to mostly cater to the US-based customer. In anticipation of a strong order pipeline, ATA is looking to place orders for an additional 50 injection moulding machines, adding to its existing 610 machines. Total capex amount is estimated to be RM50m in FY22, similar to our existing FY21 projection. Reiterate Buy We raise our FY22-23E EPS forecasts by 6-7% after factoring in a higher PBT margin assumption of 4.6-4.7% (from 4.3-4.5%). This is closer to the 5% internal guidance post the consolidation of Microtronics, which is expected to be completed by mid CY21. We raise our target price to RM3.70 (from RM3.50), pegged to unchanged 26x PE multiple. Reiterate BUY. Downside risks include unexpectedly weak margins, higher-than-expected start-up expenses and the possibility of another lockdown affecting operations. Source: Affin Hwang Research - 3 Mar 2021 03/04/2021 9:08 AM py1818 alphajack quite good but not as good as TFP Solutions Wakakaka recommendation from someone who likes goreng stocks like saudee. Don't believe it. 04/04/2021 8:05 AM SmartPick gORENG KAKI, you betul betul RUBBISH lah... you buy share and want immediately profit, better put at FD... Sini cakap rubbish sana cakap rubbish, mulut tu kotor. 14/04/2021 9:57 AM Ferrari06 Based on Manufacturing Market Insider Volume 31, No 3, March 2021, ATA IMS are now ranked at 23rd position in the world of EMS Industry. Congratulations !!! 14/04/2021 11:07 AM xuewenapeng Shame of EMS?? At least it has goreng several rounds, look at VS, this is the real SHAME OF EMS 14/04/2021 12:25 PM  |
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