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heavy selling.
Akan datang. Can sense the insiders accumulating these few days at low level. Once they have enough, it will explode up and catch up with its peers.
jpower2015 ( Date: 05-Apr-2017 22:08) Posted:
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steady! still waiting for explosive
This is a super undervalued stock with lots of catch up on its peers in the electronics sector. Trading way below book value!
Sunright is ripe for a move soon. Watch this space.
https://valuebuddies.com/thread-3917-page-5.html
NAV more than 58cents!! Must buy
KESM closed at rm10.80 ! I already join my friend started counting money !
sunview ( Date: 10-Mar-2017 13:59) Posted:
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Wow, Sunright at $0.415 now.
And KESM at MYR10.52.
good ! hope it report good result on next week !
trueview ( Date: 10-Mar-2017 12:00) Posted:
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miss out AEM ,see my friend everyday counting money ! very sian ! now bet on this counter !
KESM
Quarterly rpt on consolidated results for the financial period ended 31 Jan 2017
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5361325
Based on SGX data, just net cash minus debt alone worth about 0.41 per shares....
exclude business and KESM worth.....
(Vested small lots)
sunview ( Date: 09-Mar-2017 14:54) Posted:
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Sunright is at $0.36, up 1 cent for the day.
According to DBS, Sunright is flushed with cash, with net cash of about S$51.5m as at 31 July 2016, which is more than its market cap of S$38.1m!
NAV = $0.573
If you look at the chart, it is touching the high of $0.365 of last August, in fact the highest since year 2008.
Sunright has a 48.4% stake in KESM (listed on Bursa) which is worth approximately S$66.5m in value. From their recently published annual report, it suggests that the growth prospects of Sunright remains bright given that they have reduced headcount by 35% over the last three years and that restructuring efforts have substantially completed. This should therefore lower the overall operating costs while they have identified two key areas of growth - automotive and data centres.
More notably, they supply their products to 7 of the top 10 largest semi-conductors in the world and with continued consolidation of the industry, the orders will essentially funnel to Sunright, making them long term beneficiaries.
Overall, high margin of safety given that market cap is now $42m (net cash position of $49m + KESM' s stake worth $66m). Two growth verticals have also been identified and coupled with the completion of their restructuring, FY17 certainly looks highly promising.
NRA has a report out today, target price of 48c.
strong ability to generate positive operating CF ($27m in FY15 and FY16), net cash position of about $49m (market cap of $42m).
Wow..up 50% liao in less than a year..cheers....next will be another joker...advance holding....hope with 12 months 50%....30c.by 2017 aug.....lol
edwinjup ( Date: 14-Oct-2015 20:28) Posted:
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Lol....mgt need to give the "green" light before bbs "dare" to come in.....old man stock....trade with care.....
ruready ( Date: 21-Oct-2015 23:37) Posted:
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Waw, I also Lao chuinuao!!!!, good buy and bb also come in char char char soon, don' t need wait for delisted , bb will push pump thump up
Another "foc" stock in sgx other than xyec...lol..also can look at chem ind or intraco if u dare to buy and hold...lol..any more "foc " stock in sgx( except s chip)??can share??..foc mean net cash more than share price..thanks