Reported Earnings • Feb 14
Second quarter 2026 earnings released: EPS: RM0.005 (vs RM0.004 in 2Q 2025) Second quarter 2026 results: EPS: RM0.005 (up from RM0.004 in 2Q 2025). Revenue: RM21.3m (up 9.7% from 2Q 2025). Net income: RM2.19m (up 30% from 2Q 2025). Profit margin: 10% (up from 8.7% in 2Q 2025). The increase in margin was driven by higher revenue. Buy Or Sell Opportunity • Nov 07
Now 20% undervalued Over the last 90 days, the stock has risen 16% to RM0.25. The fair value is estimated to be RM0.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.3% over the last 3 years. Earnings per share has declined by 238%. Reported Earnings • Nov 04
Full year 2025 earnings released: EPS: RM0.023 (vs RM0.023 in FY 2024) Full year 2025 results: EPS: RM0.023 (in line with FY 2024). Revenue: RM89.4m (flat on FY 2024). Net income: RM10.8m (down 1.8% from FY 2024). Profit margin: 12% (in line with FY 2024). 공시 • Oct 28
DS Sigma Holdings Berhad, Annual General Meeting, Nov 27, 2025 DS Sigma Holdings Berhad, Annual General Meeting, Nov 27, 2025, at 10:00 Singapore Standard Time. Location: promenade 6, level 3a, ksl esplanade hotel, no. 1, persiaran bestari 2/ks09, bandar bestari, selangor darul ehsan, 41200 klang Malaysia Upcoming Dividend • Oct 07
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 14 October 2025. Payment date: 30 October 2025. Payout ratio is a comfortable 44% but the company is paying out more than the cash it is generating. Trailing yield: 3.8%. Lower than top quartile of Malaysian dividend payers (5.4%). In line with average of industry peers (3.7%). New Risk • Sep 02
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 7.1% 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 Risk Earnings have declined by 11% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (106% cash payout ratio). Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (RM120.0m market cap, or US$28.4m). Reported Earnings • Aug 27
Full year 2025 earnings released: EPS: RM0.023 (vs RM0.023 in FY 2024) Full year 2025 results: EPS: RM0.023 (in line with FY 2024). Revenue: RM89.4m (flat on FY 2024). Net income: RM10.8m (down 1.8% from FY 2024). Profit margin: 12% (in line with FY 2024). New Risk • Aug 27
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 106% Dividend yield: 4.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (106% cash payout ratio). Market cap is less than US$100m (RM120.0m market cap, or US$28.4m). Reported Earnings • May 11
Third quarter 2025 earnings released: EPS: RM0.006 (vs RM0.006 in 3Q 2024) Third quarter 2025 results: EPS: RM0.006 (in line with 3Q 2024). Revenue: RM22.4m (flat on 3Q 2024). Net income: RM2.83m (up 4.5% from 3Q 2024). Profit margin: 13% (in line with 3Q 2024). Buy Or Sell Opportunity • Mar 25
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 29% to RM0.26. The fair value is estimated to be RM0.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last year. Earnings per share has grown by 49%. Buy Or Sell Opportunity • Mar 10
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 26% to RM0.26. The fair value is estimated to be RM0.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last year. Earnings per share has grown by 49%. Reported Earnings • Feb 28
Second quarter 2025 earnings released: EPS: RM0.004 (vs RM0.004 in 2Q 2024) Second quarter 2025 results: EPS: RM0.004 (in line with 2Q 2024). Revenue: RM19.4m (down 3.9% from 2Q 2024). Net income: RM1.69m (down 7.5% from 2Q 2024). Profit margin: 8.7% (down from 9.1% in 2Q 2024). The decrease in margin was driven by lower revenue. Reported Earnings • Nov 26
First quarter 2025 earnings released: EPS: RM0.007 (vs RM0.008 in 1Q 2024) First quarter 2025 results: EPS: RM0.007 (down from RM0.008 in 1Q 2024). Revenue: RM23.9m (up 8.4% from 1Q 2024). Net income: RM3.11m (down 14% from 1Q 2024). Profit margin: 13% (down from 16% in 1Q 2024). The decrease in margin was driven by higher expenses. 공시 • Oct 28
DS Sigma Holdings Berhad, Annual General Meeting, Nov 25, 2024 DS Sigma Holdings Berhad, Annual General Meeting, Nov 25, 2024, at 10:00 Singapore Standard Time. Location: promenade 5, level 3a, ksl esplanade hotel, no. 1, persiaran bestari 2/ks09, bandar bestari, 41200 klang, selangor darul ehsan, Malaysia Upcoming Dividend • Oct 07
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 14 October 2024. Payment date: 30 October 2024. Payout ratio is a comfortable 44% but the company is paying out more than the cash it is generating. Trailing yield: 2.7%. Lower than top quartile of Malaysian dividend payers (4.7%). In line with average of industry peers (3.0%). Declared Dividend • Aug 24
Dividend of RM0.01 announced Shareholders will receive a dividend of RM0.01. Ex-date: 14th October 2024 Payment date: 30th October 2024 Dividend yield will be 2.8%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but not covered by cash flows (120% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to decline by 67% to shift the payout ratio to a potentially unsustainable range, which is less than the 69% EPS decline seen over the last 5 years. Reported Earnings • Aug 23
Full year 2024 earnings released: EPS: RM0.023 (vs RM0.022 in FY 2023) Full year 2024 results: EPS: RM0.023 (up from RM0.022 in FY 2023). Revenue: RM88.8m (up 7.9% from FY 2023). Net income: RM11.0m (up 35% from FY 2023). Profit margin: 12% (up from 9.9% in FY 2023). The increase in margin was driven by higher revenue. Reported Earnings • May 25
Third quarter 2024 earnings released: EPS: RM0.006 (vs RM0.01 in 3Q 2023) Third quarter 2024 results: EPS: RM0.006 (down from RM0.01 in 3Q 2023). Revenue: RM22.5m (up 18% from 3Q 2023). Net income: RM2.71m (down 29% from 3Q 2023). Profit margin: 12% (down from 20% in 3Q 2023). The decrease in margin was driven by higher expenses. Reported Earnings • Feb 27
Second quarter 2024 earnings released: EPS: RM0.004 (vs RM0.01 in 2Q 2023) Second quarter 2024 results: EPS: RM0.004 (down from RM0.01 in 2Q 2023). Revenue: RM20.2m (up 6.5% from 2Q 2023). Net income: RM1.83m (down 52% from 2Q 2023). Profit margin: 9.1% (down from 20% in 2Q 2023). The decrease in margin was driven by higher expenses. Reported Earnings • Nov 30
First quarter 2024 earnings released First quarter 2024 results: EPS: RM0.008. Net income: RM3.62m (up RM3.62m from 1Q 2023). New Risk • Nov 07
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.9% Last year net profit margin: 17% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.6% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (9.9% net profit margin). Market cap is less than US$100m (RM201.6m market cap, or US$43.5m). 공시 • Oct 29
DS Sigma Holdings Berhad, Annual General Meeting, Nov 28, 2023 DS Sigma Holdings Berhad, Annual General Meeting, Nov 28, 2023, at 10:00 Singapore Standard Time. Location: Promenade 5,Level3A,KSLEsplanadeHotel,No.1 PersiaranBestari2/KS09,BandarBestari,41200Klang Selangor Darul Ehsan Malaysia Agenda: To receive the Audited Financial Statements of the Company and of the Group for the financial year ended 30 June 2023 together with the Reports of the Directors and Auditors thereon; to approve the payment of Directors fees payable to the Non-Executive Directors of the Group of up to RM352,000/- for the financial year ending 30 June 2024; to re-elect Ms. Lucille Teoh Soo Lien, a Director who retires pursuant to Clause 21.7 of the Constitution of the Company and being eligible, has offered herself for re-election; to re-elect Mr. Lee Yew Weng, a Director who retires pursuant to Clause 21.7 of the Constitution of the Company and being eligible, has offered himself for re-election; and to consider other matters. New Risk • Sep 03
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.6% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (RM192.0m market cap, or US$41.3m). Board Change • Jan 06
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. MD & Director Lucille Teoh is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.