New Risk • Jun 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 2.7% per year over the past 5 years. Market cap is less than US$10m (RM37.5m market cap, or US$9.17m). Minor Risk Share price has been volatile over the past 3 months (8.2% average weekly change). New Risk • Jun 15
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM37.5m (US$9.27m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 2.7% per year over the past 5 years. Market cap is less than US$10m (RM37.5m market cap, or US$9.27m). New Risk • May 01
New major risk - Revenue and earnings growth Earnings have declined by 2.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.7% per year over the past 5 years. Minor Risk Market cap is less than US$100m (RM43.8m market cap, or US$11.0m). Reported Earnings • May 01
Full year 2026 earnings released: RM0.094 loss per share (vs RM0.013 profit in FY 2025) Full year 2026 results: RM0.094 loss per share (down from RM0.013 profit in FY 2025). Revenue: RM87.1m (down 34% from FY 2025). Net loss: RM16.8m (down RM19.1m from profit in FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Apr 24
Now 21% overvalued Over the last 90 days, the stock has fallen 16% to RM0.26. The fair value is estimated to be RM0.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. New Risk • Mar 13
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM39.3m (US$9.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (RM39.3m market cap, or US$9.99m). Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Profit margins are more than 30% lower than last year (0.7% net profit margin). Reported Earnings • Jan 27
Third quarter 2026 earnings released: EPS: RM0.001 (vs RM0.005 in 3Q 2025) Third quarter 2026 results: EPS: RM0.001 (down from RM0.005 in 3Q 2025). Revenue: RM25.0m (down 6.2% from 3Q 2025). Net income: RM133.0k (down 86% from 3Q 2025). Profit margin: 0.5% (down from 3.5% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 28
Second quarter 2026 earnings released: EPS: RM0.001 (vs RM0.002 in 2Q 2025) Second quarter 2026 results: EPS: RM0.001 (down from RM0.002 in 2Q 2025). Revenue: RM22.9m (down 43% from 2Q 2025). Net income: RM105.0k (down 66% from 2Q 2025). Profit margin: 0.5% (down from 0.8% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. New Risk • Sep 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (RM72.4m market cap, or US$17.1m). Reported Earnings • Jul 31
First quarter 2026 earnings released: EPS: RM0.004 (vs RM0.002 in 1Q 2025) First quarter 2026 results: EPS: RM0.004 (up from RM0.002 in 1Q 2025). Revenue: RM18.3m (down 54% from 1Q 2025). Net income: RM638.0k (up 107% from 1Q 2025). Profit margin: 3.5% (up from 0.8% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 28
Full year 2025 earnings released: EPS: RM0.013 (vs RM0.02 in FY 2024) Full year 2025 results: EPS: RM0.013 (down from RM0.02 in FY 2024). Revenue: RM131.7m (down 34% from FY 2024). Net income: RM2.31m (down 35% from FY 2024). Profit margin: 1.8% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Annuncio • Jun 25
Cabnet Holdings Berhad, Annual General Meeting, Jul 30, 2025 Cabnet Holdings Berhad, Annual General Meeting, Jul 30, 2025, at 09:00 Singapore Standard Time. Location: trading post, ponderosa golf & country club, no. 3, jalan ponderosa 1, taman ponderosa, 81100 johor bahru, johor, Malaysia Reported Earnings • May 02
Full year 2025 earnings released: EPS: RM0.013 (vs RM0.02 in FY 2024) Full year 2025 results: EPS: RM0.013 (down from RM0.02 in FY 2024). Revenue: RM131.7m (down 34% from FY 2024). Net income: RM2.31m (down 35% from FY 2024). Profit margin: 1.8% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jan 27
Third quarter 2025 earnings released: EPS: RM0.005 (vs RM0.003 in 3Q 2024) Third quarter 2025 results: EPS: RM0.005 (up from RM0.003 in 3Q 2024). Revenue: RM26.7m (down 57% from 3Q 2024). Net income: RM929.0k (up 100% from 3Q 2024). Profit margin: 3.5% (up from 0.8% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. New Risk • Dec 17
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Malaysian stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Market cap is less than US$100m (RM76.9m market cap, or US$17.2m). Buy Or Sell Opportunity • Nov 29
Now 20% overvalued Over the last 90 days, the stock has fallen 40% to RM0.29. The fair value is estimated to be RM0.25, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 52% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Oct 30
Second quarter 2025 earnings released: EPS: RM0.002 (vs RM0.003 in 2Q 2024) Second quarter 2025 results: EPS: RM0.002 (down from RM0.003 in 2Q 2024). Revenue: RM39.9m (down 35% from 2Q 2024). Net income: RM309.0k (down 33% from 2Q 2024). Profit margin: 0.8% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 03
Full year 2024 earnings released: EPS: RM0.02 (vs RM0.001 in FY 2023) Full year 2024 results: EPS: RM0.02 (up from RM0.001 in FY 2023). Revenue: RM198.7m (up 140% from FY 2023). Net income: RM3.57m (up RM3.42m from FY 2023). Profit margin: 1.8% (up from 0.2% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Annuncio • Jun 27
Cabnet Holdings Berhad, Annual General Meeting, Jul 26, 2024 Cabnet Holdings Berhad, Annual General Meeting, Jul 26, 2024, at 09:00 Singapore Standard Time. Location: hop sing ii, ponderosa golf & country club, no. 3, jalan ponderosa 1, taman ponderosa, 81100 johor bahru, johor, Malaysia New Risk • Jun 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Malaysian stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 24% per year over the past 5 years. Minor Risk Market cap is less than US$100m (RM76.0m market cap, or US$16.1m). Reported Earnings • May 02
Full year 2024 earnings released: EPS: RM0.02 (vs RM0.001 in FY 2023) Full year 2024 results: EPS: RM0.02 (up from RM0.001 in FY 2023). Revenue: RM198.7m (up 140% from FY 2023). Net income: RM3.58m (up RM3.43m from FY 2023). Profit margin: 1.8% (up from 0.2% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Annuncio • Jun 29
Cabnet Holdings Berhad, Annual General Meeting, Jul 27, 2023 Cabnet Holdings Berhad, Annual General Meeting, Jul 27, 2023, at 09:00 Singapore Standard Time. Location: Trading Post, Ponderosa Golf & Country Club, No. 3, Jalan Ponderosa 1, Taman Ponderosa, 81100 Johor Bahru Johor Malaysia Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. Non Independent & Non Executive Director Chia Huie Tjong was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. Non Independent & Non Executive Director Chia Huie Tjong was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. Non Independent & Non Executive Director Chia Huie Tjong was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 03
First quarter 2022 earnings released: EPS: RM0.002 (vs RM0 in 1Q 2021) First quarter 2022 results: EPS: RM0.002 (up from RM0 in 1Q 2021). Revenue: RM24.1m (up 71% from 1Q 2021). Net income: RM362.0k (up RM338.0k from 1Q 2021). Profit margin: 1.5% (up from 0.2% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 25
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: RM0.007 (up from RM0.025 loss in FY 2020). Revenue: RM67.9m (up 61% from FY 2020). Net income: RM1.22m (up RM5.73m from FY 2020). Profit margin: 1.8% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Annuncio • Sep 11
Cabnet Holdings Berhad (KLSE:CABNET) completed the acquisition of CEE M&E ENGINEERING SDN. BHD from Murugesu A/L Vindasamy, Tan Tian Yee and Kong Tze Senn. Cabnet Holdings Berhad (KLSE:CABNET) entered into a conditional share purchase agreement to acquire CEE M&E ENGINEERING SDN. BHD from Murugesu A/L Vindasamy, Tan Tian Yee and Kong Tze Senn for MYR 16.3 million on May 12, 2021. The payment will be made entirely in cash and will be done in various instalments. MYR 4 million will be paid upon achieving certain financial achievements by CEE M&E ENGINEERING. Cabnet shall pay MYR 1.7 million (included in aggregate consideration) by February 28, 2023. Upon completion of the Proposed Acquisition, CMESB will become a wholly-owned subsidiary of Cabnet. The Deposit of MYR 1.63 million was paid upon the execution of the SPA via Cabnet Group’s internally-generated funds. The remaining Purchase Consideration is expected to be financed via a combination of bank borrowings, the Group’s internally-generated funds and future fund raising exercises (if any), the breakdown of which has yet to be determined at this juncture. For the year ended August 31, 2020, CEE had revenues of MYR 21.6 million and profit after tax of MYR 1.3 million. Transaction is conditional upon approval from creditors/lenders of CEE M&E ENGINEERING, approval from shareholders and board of Cabnet, other approvals as required from government/regulatory bodies. As of August 30, 2021 All conditions has been fulfilled and accordingly the SPA has become unconditional. As of September 9, 2021 the completion of the acquisition shall be extended to 15 business days from August 30, 2021. The Proposed Acquisition is expected to contribute positively to the future earnings of Cabnet. TA Securities Holdings Berhad acted as financial advisor for Cabnet.
Cabnet Holdings Berhad (KLSE:CABNET) completed the acquisition of CEE M&E ENGINEERING SDN. BHD from Murugesu A/L Vindasamy, Tan Tian Yee and Kong Tze Senn on September 10, 2021. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS RM0.003 (vs RM0.005 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: RM17.9m (up 123% from 2Q 2020). Net income: RM569.0k (up RM1.47m from 2Q 2020). Profit margin: 3.2% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Annuncio • May 14
Cabnet Holdings Berhad (KLSE:CABNET) entered into a conditional share purchase agreement to acquire CEE M&E ENGINEERING SDN. BHD from Murugesu A/L Vindasamy, Tan Tian Yee and Kong Tze Senn for MYR 16.3 million. Cabnet Holdings Berhad (KLSE:CABNET) entered into a conditional share purchase agreement to acquire CEE M&E ENGINEERING SDN. BHD from Murugesu A/L Vindasamy, Tan Tian Yee and Kong Tze Senn for MYR 16.3 million on May 12, 2021. The payment will be made entirely in cash and will be done in various instalments. MYR 4 million will be paid upon achieving certain financial achievements by CEE M&E ENGINEERING. Cabnet shall pay MYR 1.7 million (included in aggregate consideration) by February 28, 2023. Upon completion of the Proposed Acquisition, CMESB will become a wholly-owned subsidiary of Cabnet. The Deposit of MYR 1.63 million was paid upon the execution of the SPA via Cabnet Group’s internally-generated funds. The remaining Purchase Consideration is expected to be financed via a combination of bank borrowings, the Group’s internally-generated funds and future fund raising exercises (if any), the breakdown of which has yet to be determined at this juncture. For the year ended August 31, 2020, CEE had revenues of MYR 21.6 million and profit after tax of MYR 1.3 million. Transaction is conditional upon approval from creditors/lenders of CEE M&E ENGINEERING, approval from shareholders and board of Cabnet, other approvals as required from government/regulatory bodies. The Proposed Acquisition is expected to contribute positively to the future earnings of Cabnet. TA Securities Holdings Berhad acted as financial advisor for Cabnet. Reported Earnings • Feb 28
Full year 2020 earnings released: RM0.025 loss per share (vs RM0.014 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: RM42.2m (down 39% from FY 2019). Net loss: RM4.51m (down 286% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 70% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 20
New 90-day high: RM0.27 The company is up 8.0% from its price of RM0.24 on 20 November 2020. The Malaysian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Commercial Services industry, which is up 52% over the same period. Is New 90 Day High Low • Dec 30
New 90-day high: RM0.26 The company is up 19% from its price of RM0.21 on 01 October 2020. The Malaysian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Commercial Services industry, which is up 24% over the same period. 