FAIRLY VALUED
ISTONE 0209
RM0.23
52 Weeks Range : 0.095 - 0.325
4.4/10
(Expert Score)
Stock is rated as #39 in category ACE Market
Fairly Valued. Reach or higher than intrinsic value.
PROS:
- Positive Cash Company
- Very Low Gearing
- Very High Trading Value
CONS:
- Very Low Price-to-Tangible
klse: iStone Group Bhd
Corporate Information
Board : Ace
Shariah : Shariah Compliant
Sector : Industrial Products
Address: 12-2, Jalan Persiaran Teknologi, Taman Teknologi Johor, 81400, Senai, Johor
Contact: +607-5955545
Website: https://www.i-stone.com.my/
Corporate Background
i-Stone operation started in Malaysia since early 2007, based in Skudai, Johor. The company started as a design house to provide system integration for manufacturing test and measurement system. The services provided to customer ranged from vague conceptualization to actual prototyping, and finally deployment to manufacturing floor.
Forecast: ISTONE 0209
|
Result
Quarter Report History
| Date | Revenue,k | PBT,k | Net Profit,k |
|---|---|---|---|
| 24/11/20 | 9,993 | 936 | 688 |
| 19/08/20 | 13,850 | 1,923 | 1,541 |
| 28/05/20 | 15,942 | 3,059 | 2,824 |
| 25/02/20 | 21,565 | 723 | 348 |
| 26/11/19 | 18,264 | 2,186 | 1,715 |
| 22/08/19 | 17,216 | 2,742 | 2,148 |
| 12/07/19 | 20,686 | 4,650 | 4,194 |
| – | – | – | – |
| – | – | – | – |
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Fundamental
Fundamental Analysis
| Last 4 Quarter Revenue (RM’000) | 69,621 |
|---|---|
| Last 4 Quarter Net Profit (RM’000) | 6,428 |
| Last 4 Quarter EPS (sen) | 0.54 |
| Last 4 Quarter PER | 42.76 |
| Last 4 Quarter Dividend (sen) | 0.15 |
| Last 4 Quarter Dividend Yield (%) | 0.67 |
| Net Tangible Assets (RM) | 0.05 |
| Goodwill (RM) | 132,340 |
| Cash (RM’000) | 31,270 |
| Debt (RM’000) | 1,490 |
| Total Debt (RM’000) | 13,950 |
| Net Assets (RM’000) | 69,680 |
| Current Ratio | 4.60 |
| Quick Ratio | 4.14 |
| Cash Ratio | 2.03 |
Technical
Technical Analysis
| MACD (26 vs 12) | 0.006 |
|---|---|
| Exponential Moving Average 5 | 0.237 |
| Exponential Moving Average 20 | 0.228 |
| Exponential Moving Average 90 | 0.218 |
| Relative Strength Index 14 | 0.62 |
| Stochastic %D 3 | 0.66 |
| Stochastic %K 14 | 0.56 |
10 reviews for ISTONE 0209
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The Star –
Awang Daud, a co-founder of Serba Dinamik Holdings Bhd, had acquired a 26.98% stake in i-Stone on Aug 11 from One United Equity Sdn Bhd. The investment, Awang Daud had said previously, was part of his long-term business strategy to leverage on the technologies of Industry 4.0 such as automation and big data with new inroads to be made. The Group intends to leverage on the newly appointed chairman’s networking to venture into new industry such as oil & gas
The Star –
Technology firm I-Stone Group Bhd, which reported a drop in its second quarter earnings, has appointed Datuk Awang Daud Awang Putera as its new chairman effective yesterday. He replaced Datuk Azman Mahmood, who has retired from the company. Awang Daud, a co-founder of Serba Dinamik Holdings Bhd, had acquired a 26.98% stake in i-Stone on Aug 11 from One United Equity Sdn Bhd.
BURSA MALAYSIA –
The Group recorded revenue of RM13.85 million in Q2 2020 as compared to RM15.94 million in preceding financial quarter ended 31 March 2020 (“Q1 2020”). Lower revenue derived from both manufacturing and distribution segments have contributed to the
decrease in the Group’s total revenue. The decreases were due to the impact of MCO imposed in Malaysia on 18 March 2020.
BURSA MALAYSIA –
The Group recorded revenue of RM15.94 million and PBT of RM3.06 million in Q1 2020 as compared to revenue of RM21.56 million and PBT of RM0.72 million in preceding quarter ended Q4 2019. Lower revenue derived from manufacturing segment has contributed to the decrease in the Group’s total revenue. Lower PBT was mainly due to the competitive pricing for the manufacturing segment, increase in staff cost, bonus declared and loss on foreign exchange as compared Q1 2020 with a gain on foreign exchange.
BURSA MALAYSIA –
The revenue derived from manufacturing segment had increased from RM16.35 million to RM19.33 million in preceding quarter. The Group registered a PBT of RM0.72 million in current quarter as compared to adjusted PBT of RM3.20 million in preceding quarter. The decrease of RM2.47 million was mainly due to our competitive pricing for the manufacturing segment, increase in staff cost and bonus declared of RM2.32 million.
Investing Malaysia –
Average investing volume for iStone Group Bhd in the past three months in stock market was 10313.2k lots
Investing Malaysia –
ISTONE gets a score of 4.16 in our equity and assets quality test based on current share price of RM0.24
Investing Malaysia –
iStone Group Bhd gets a score of 19.68 in our stability test after the balance sheet, money statement study
Investing Malaysia –
Stock code of 0209 in Bursa Malaysia declared adjusted 0.4% dividend yield in past few years
Investing Malaysia –
ISTONE is estimated to have a profit consensus of 12.84 millions, with an adjusted market capitalization of 274.83 millions