小资女向前冲（大马股市）

Business

- 主要业务是制造及销售感应器、节能的发光二级体（LED）、传统电灯、门铃设备等。制造贡献比重分别为30%、39%、9%及22%。

Geographical 

- 主要是涉及出口导向（96%产品供出口）业务

- 产品主要出口至美国、欧洲、日本及东盟市场。

Financial Performance

- Revenue (QoQ: -1.0% ; YoY: 7.2%)

-  Revenue segment

    * Investment

    * Manufacturing (contribute half of the revenue)

         > Revenue (QoQ: 9.26%  ; YoY: -7.75%)

         > PBT (QoQ:-79.8%  ; YoY:-79.9%)

    * Trading (contribute half of the revenue)  

        >  Revenue (QoQ: 4% ; YoY: decreased )

         > PBT (QoQ: decreased ; YoY: 44.4%)

- PBT (QoQ: decreased  ; YoY: decreased) 

     * YoY PBT decreased was due to inventories written off (manufacturing segment), product development cost written off (manufacturing segment) (higher other expenses)

             > Inventories written off RM0.81m

             > Product development written off RM1.5million

     * Revenue decreased

- Net cash company

- TR increased 12.23% 

- Assume excluded of written off expenses, this quarter should generate a profit of RM7.4m

盈利追上股价的速度？

- NP 2016 VS 2017 (increased 36.21%)

- SP: 103.5%

- 

Share price

- Drop until 3.8/3.75 enter

- RM 4.07 (10/6/2017)

- TP RHB RM4.20

Reference
http://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=7674