Daily Forecast For Bursa Malaysia Stocks 06082021

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1. ENGTEX GROUP BERHAD (5056)

Industry :  Industrial Machinery/Steel

52W High : RM 0.925

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Engtex Group Berhad, an investment holding company, wholesales and distributes pipes, valves, fittings, plumbing materials, steel related products, general hardware products, and construction materials in Malaysia. It operates in four segments: Wholesale and Distribution, Manufacturing, Property Development, and Hospitality. The company also distributes hydrants, strainers, joints, manhole covers and chambers, and prestress concrete products. In addition, it manufactures and sells steel and ductile iron pipes and fittings, valves, manhole covers and chambers, hydrants, strainers, industrial casting products, welded wire mesh, hard-drawn wire, steel pipe piles, electric resistance welded pipes, and bitumen products. Further, the company manufactures steel products, such as mild steel plates and channels, MS I beams, MS angle bars, ship and boiled plates, and pickled oiled sheets; and construction materials comprising wire and welded mesh, steel bars, and nails. It also engages in the property development and investment activities; provision of project management services; provision of warehousing and factory facilities; and distribution of food processing equipment and engineering tools, as well as operates and manages hotels. Engtex Group Berhad was founded in 1983 and is based in Sungai Buloh, Malaysia.

  • PE ratio (8.8x) is below the MY market (17x).
  • Earnings grew by 2215.2% over the past year.
  • Stable Share PriceENGTEX is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 7% a week.
  • Volatility Over TimeENGTEX’s weekly volatility (7%) has been stable over the past year.
  • Return vs IndustryENGTEX exceeded the MY Trade Distributors industry which returned 2.8% over the past year.
  • Return vs MarketENGTEX exceeded the MY Market which returned -1.6% over the past year.
  • PE vs IndustryENGTEX is good value based on its PE Ratio (8.8x) compared to the MY Trade Distributors industry average (25.9x).
  • PE vs MarketENGTEX is good value based on its PE Ratio (8.8x) compared to the MY market (17x).
  • PB vs IndustryENGTEX is good value based on its PB Ratio (0.4x) compared to the MY Trade Distributors industry average (0.8x).
  • Quality EarningsENGTEX has high quality earnings.
  • Growing Profit MarginENGTEX’s current net profit margins (3.2%) are higher than last year (0.1%).
  • Accelerating GrowthENGTEX’s earnings growth over the past year (2215.2%) exceeds its 5-year average (-41.4% per year).
  • Earnings vs IndustryENGTEX earnings growth over the past year (2215.2%) exceeded the Trade Distributors industry 37.5%.
  • Short Term LiabilitiesENGTEX’s short term assets (MYR906.1M) exceed its short term liabilities (MYR542.8M).
  • Long Term LiabilitiesENGTEX’s short term assets (MYR906.1M) exceed its long term liabilities (MYR64.1M).
  • Reducing DebtENGTEX’s debt to equity ratio has reduced from 94.3% to 66.8% over the past 5 years.
  • Interest CoverageENGTEX’s interest payments on its debt are well covered by EBIT (4.6x coverage).
  • Dividend CoverageWith its low payout ratio (9.7%), ENGTEX’s dividend payments are thoroughly covered by earnings.

Average volume : 861.44k
Shares outstanding : 443.32m
Free float : 99.57m
P/E (TTM) : 8.53
Market cap : 292.59m MYR
EPS (TTM) : 0.0773

2. ESTHETICS INTERNATIONAL GROUP BERHAD (5081)

Industry : Cosmetic and Beauty Products

52W High : RM 0.615

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Esthetics International Group Berhad, an investment holding company, operates in the beauty and wellness industry in Malaysia, Singapore, Hong Kong, Indonesia, Thailand, and the Philippines. The company operates in Professional Services and Sales, Product Distribution, and Others segments. It distributes Dermalogica professional skincare products; Youngblood mineral cosmetics; Davines professional haircare products; BioTherapeutic professional skin care equipment; Tisserand aromatherapy products; Depileve professional waxing products; and Physicians Formula cosmetics. The company also develops and markets Bioxil Innertreats inner supplements; and Clinelle and Nurish Organiq, which are FMCG skin care brands, as well as offers LPG, the endermologie technique that stimulates the skin to reactivate dormant cellular activity. In addition, it operates beauty and wellness centers; provides beauty and wellness services, as well as education and training in beauty and wellness, and management services; operates as an agent for trademarks and patents applications; retails skin care and wellness products through e-commerce; and invests in properties. The company owns and operates 88 corporate outlets comprising 49 AsterSpring skin care salons, and 39 retail stores and department store counters; and distributes its products to approximately 1,800 independent professional skincare and haircare salons. The company is headquartered in Shah Alam, Malaysia. Esthetics International Group Berhad is a subsidiary of Providence Capital Sdn Bhd.

  • Trading at 76.7% below estimate of its fair value.
  • Volatility Over TimeEIG’s weekly volatility (9%) has been stable over the past year, but is still higher than 75% of MY stocks.
  • Return vs IndustryEIG exceeded the MY Consumer Services industry which returned 9.1% over the past year.
  • Return vs MarketEIG exceeded the MY Market which returned -1.6% over the past year.
  • Below Fair ValueEIG (MYR0.54) is trading below estimate of fair value (MYR2.29).
  • Significantly Below Fair ValueEIG is trading below fair value by more than 20%.
  • Quality EarningsEIG has high quality earnings.
  • Short Term LiabilitiesEIG’s short term assets (MYR114.1M) exceed its short term liabilities (MYR63.6M).
  • Long Term LiabilitiesEIG’s short term assets (MYR114.1M) exceed its long term liabilities (MYR28.7M).
  • Debt LevelEIG’s debt to equity ratio (12%) is considered satisfactory.
  • Reducing DebtEIG’s debt to equity ratio has reduced from 14.6% to 12% over the past 5 years.
  • Debt CoverageEIG’s debt is well covered by operating cash flow (126.6%).
  • Interest CoverageEIG earns more interest than it pays, so coverage of interest payments is not a concern.
  • Notable DividendEIG’s dividend (1.87%) is higher than the bottom 25% of dividend payers in the MY market (1.51%).

Average volume : 4.13m
Shares outstanding : 237.19m
Free float : 19.74m
P/E (TTM) : 58.92
Market cap : 122.15m
EPS (TTM) : 0.0087

3. KIA LIM BERHAD (6211)

Industry : Construction Materials

52W High : RM 0.79

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Kia Lim Berhad manufactures and sells clay bricks and related products in Malaysia and Singapore. It offers clay common bricks, facing bricks, M211 bricks, block bricks, brick tiles, chamfered paving bricks, and EconBlocks under the Clayon brand name, as well as roofing tiles. Kia Lim Berhad was founded in 1971 and is based in Batu Pahat, Malaysia.

  • Volatility Over TimeKIALIM’s weekly volatility (13%) has been stable over the past year, but is still higher than 75% of MY stocks.
  • Return vs IndustryKIALIM exceeded the MY Basic Materials industry which returned -6.2% over the past year.
  • Return vs MarketKIALIM exceeded the MY Market which returned 1.3% over the past year.
  • PB vs IndustryKIALIM is good value based on its PB Ratio (0.6x) compared to the MY Basic Materials industry average (1x).
  • Long Term LiabilitiesKIALIM’s short term assets (MYR18.7M) exceed its long term liabilities (MYR521.0K).
  • Debt LevelKIALIM’s debt to equity ratio (9.3%) is considered satisfactory.
  • Reducing DebtKIALIM’s debt to equity ratio has reduced from 13.9% to 9.3% over the past 5 years.
  • Stable Cash RunwayWhilst unprofitable KIALIM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
  • Forecast Cash RunwayKIALIM is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 39.4% per year.

Average volume : 1.16m
Shares outstanding : 61.94m
Free float : 20.42m
P/E (TTM) : –
Market cap : 32.21m MYR
EPS (TTM) : -0.0706

4. ENCORP BERHAD (6076)

Industry : Property Development

52W High : RM 0.48

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Encorp Berhad, an investment holding company, engages in the property development business in Malaysia. The company operates through six segments: Investment Holding and the Provision of Management Services, Concessionaire, Construction Management, Property Development, Investment Property, and Others. It develops and sells residential and commercial properties. The company is also involved in the property investment; property and construction project management; general trading; trading of building materials; and facilities management, and food and beverage operations. In addition, it operates as a concessionaire to build and transfer teachers’ quarters to the Government of Malaysia. The company was incorporated in 2000 and is based in Petaling Jaya, Malaysia. Encorp Berhad is a subsidiary of Felda Investment Corporation Sdn Bhd.

  • Trading at 78.2% below estimate of its fair value.
  • Became profitable this year.
  • Volatility Over TimeENCORP’s weekly volatility (11%) has been stable over the past year, but is still higher than 75% of MY stocks.
  • Return vs IndustryENCORP exceeded the MY Real Estate industry which returned 14.9% over the past year.
  • Return vs MarketENCORP exceeded the MY Market which returned 1.4% over the past year.
  • Below Fair ValueENCORP (MYR0.28) is trading below estimate of fair value (MYR1.28).
  • Significantly Below Fair ValueENCORP is trading below fair value by more than 20%.
  • PE vs IndustryENCORP is good value based on its PE Ratio (9.2x) compared to the MY Real Estate industry average (11x).
  • PE vs MarketENCORP is good value based on its PE Ratio (9.2x) compared to the MY market (17.3x).
  • PB vs IndustryENCORP is good value based on its PB Ratio (0.2x) compared to the MY Real Estate industry average (0.4x).
  • Quality EarningsENCORP has high quality earnings.
  • Growing Profit MarginENCORP became profitable in the past.
  • Earnings TrendENCORP has become profitable over the past 5 years, growing earnings by -45.3% per year.
  • Short Term LiabilitiesENCORP’s short term assets (MYR467.8M) exceed its short term liabilities (MYR224.7M).
  • Reducing DebtENCORP’s debt to equity ratio has reduced from 258.2% to 191.1% over the past 5 years.

Average volume : 281.78k
Shares outstanding : 316.68m
Free float : 38.37m
P/E (TTM) : 10.24
Market cap : 83.92m
EPS (TTM) : 0.0259

5. YBS INTERNATIONAL BERHAD (0025)

Industry : Industrial Machinery

52W High : RM 0.555

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YBS International Berhad, an investment holding company, designs, manufactures, and assembles high precision molds and metals, plastic components, and sub-components. The company operates through three segments: Precision Engineering, Precision Plastic Injection Moulding, and Precision Machining and Stamping. It designs, manufactures, and sells high precision molds, tools, and dies; jigs and fixtures; connectors; and interconnect solutions. The company is also involved in precision engineering plastic injection molding and sub-assembly activities, as well as manufacturing and assembly of electronic components. In addition, it provides precision machining and stamping components for telecommunication, industrial sensors, switches, electronic equipment, and other industries; and related specialized engineering services. Further, the company engages in research and experimental development activities; trading of engineering parts, including procurement and distribution; and the manufacture and sale of precise mechanical components, labels, metal, and paper stamping components for electricity, electric, information, and other industries, as well as paper honeycomb products. It serves the automotive industrial, office and home appliances, IT and communication, and aerospace and defense markets in Europe, Malaysia, Vietnam, the United States, and internationally. The company was formerly known as LNG Resources Berhad and changed its name to YBS International Berhad in September 2018. YBS International Berhad was incorporated in 2002 and is headquartered in Muar, Malaysia.

  • Trading at 40.1% below estimate of its fair value
  • Earnings grew by 245.7% over the past year
  • Volatility Over TimeYBS’s weekly volatility (13%) has been stable over the past year, but is still higher than 75% of MY stocks.
  • Return vs IndustryYBS exceeded the MY Machinery industry which returned 32.9% over the past year.
  • Return vs MarketYBS exceeded the MY Market which returned 1.3% over the past year.
  • Below Fair ValueYBS (MYR0.44) is trading below estimate of fair value (MYR0.73).
  • Significantly Below Fair ValueYBS is trading below fair value by more than 20%.
  • Quality EarningsYBS has high quality earnings.
  • Growing Profit MarginYBS’s current net profit margins (3.3%) are higher than last year (0.9%).
  • Earnings TrendYBS has become profitable over the past 5 years, growing earnings by 49.6% per year.
  • Accelerating GrowthYBS’s earnings growth over the past year (245.7%) exceeds its 5-year average (49.6% per year).
  • Earnings vs IndustryYBS earnings growth over the past year (245.7%) exceeded the Machinery industry 1.6%.
  • Short Term LiabilitiesYBS’s short term assets (MYR35.5M) exceed its short term liabilities (MYR16.7M).
  • Long Term LiabilitiesYBS’s short term assets (MYR35.5M) exceed its long term liabilities (MYR27.0M).
  • Debt CoverageYBS’s debt is well covered by operating cash flow (37.3%).
  • Interest CoverageYBS’s interest payments on its debt are well covered by EBIT (7.2x coverage).

Average volume : 40.91m
Shares outstanding : 246.43m
Free float : 92.13m
P/E (TTM) : 50.00
Market cap : 107.20m MYR
EPS (TTM) : 0.0087

1. HEXTAR INDUSTRIES BERHAD (0161)

Industry : Quarry Industrial Products

52W High : RM 0.54

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Hextar Industries Berhad, an investment holding company, engages in the manufacturing, merchandising, trading, distribution, and wholesale of fertilizers. It operates through four segments: Fertilisers, Equipment Rental, Heavy Equipment, and Investment Holding. It supplies and distributes turn-key equipment and products for the quarry and mining industry, which includes cone- bac epoxy backing systems, and crawler-mounted and vertical-shaft impact crushers; conveyor belts, rollers, and accessories and parts; and ammonium nitrate, blasting machines, blasting wires, ohmmeters, and waterproof bags. The company also provides anti-shock systems, fine rock drills, hydraulic breakers, hydraulic rippers, hydraulic rock splitters, pile drivers, and quick couplers; dump truck and hydraulic rock drill; duaplates and resistant steel plates; and wire mesh heavy duty diamond shape screens, and wire mesh heavy duty high carbon steel screens. In addition, it provides temporary temperature control, power, and structure solutions; trades in industrial products, such as forklifts, industrial batteries, and related accessories/parts; and rents and trades in mobile air conditioners, tents, and event-related equipment and tools. The company was founded in 1983 and is headquartered in Cheras, Malaysia.

  • Volatility Over TimeHEXIND’s weekly volatility (11%) has been stable over the past year, but is still higher than 75% of MY stocks.
  • Return vs MarketHEXIND matched the MY Market which returned -1.6% over the past year.
  • Short Term LiabilitiesHEXIND’s short term assets (MYR99.0M) exceed its short term liabilities (MYR43.2M).
  • Long Term LiabilitiesHEXIND’s short term assets (MYR99.0M) exceed its long term liabilities (MYR48.8M).
  • Interest CoverageHEXIND’s interest payments on its debt are well covered by EBIT (4.6x coverage).

Average volume : 10.20m
Shares outstanding : 185.97m
Free float : 75.31m
P/E (TTM) : —
Market cap : 60.44m MYR
EPS (TTM) : -0.0159

Analyse by Independent Analyst Zack Baharum

“Knowing when to sell is much harder than knowing when to buy”

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Disclaimer:
Everything shared here can only be used for educational purposes. There is no buy/sell call for any counters mentioned in this portal. We hold NO responsibility and you should always consult your remisier or adviser for investment decisions.

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