Major Estimate Revision • May 28
Consensus revenue estimates fall by 13% The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from RM167.5m to RM145.6m. EPS estimate fell from RM0.03 to RM0.024 per share. Net income forecast to grow 20% next year vs 22% growth forecast for Chemicals industry in Malaysia. Consensus price target down from RM0.41 to RM0.35. Share price was steady at RM0.28 over the past week. Reported Earnings • May 23
Third quarter 2026 earnings released: EPS: RM0.005 (vs RM0.006 in 3Q 2025) Third quarter 2026 results: EPS: RM0.005 (down from RM0.006 in 3Q 2025). Revenue: RM30.8m (down 18% from 3Q 2025). Net income: RM4.10m (down 7.2% from 3Q 2025). Profit margin: 13% (up from 12% in 3Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Chemicals industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Price Target Changed • May 22
Price target decreased by 19% to RM0.35 Down from RM0.43, the current price target is an average from 2 analysts. New target price is 27% above last closing price of RM0.28. Stock is down 13% over the past year. The company is forecast to post earnings per share of RM0.024 for next year compared to RM0.023 last year. Price Target Changed • Apr 17
Price target decreased by 9.0% to RM0.41 Down from RM0.45, the current price target is an average from 2 analysts. New target price is 42% above last closing price of RM0.28. Stock is down 5.0% over the past year. The company is forecast to post earnings per share of RM0.03 for next year compared to RM0.023 last year. Reported Earnings • Feb 13
Second quarter 2026 earnings released: EPS: RM0.006 (vs RM0.009 in 2Q 2025) Second quarter 2026 results: EPS: RM0.006 (down from RM0.009 in 2Q 2025). Revenue: RM31.8m (down 17% from 2Q 2025). Net income: RM4.67m (down 27% from 2Q 2025). Profit margin: 15% (down from 17% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Chemicals industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 23
First quarter 2026 earnings released: EPS: RM0.006 (vs RM0.003 in 1Q 2025) First quarter 2026 results: EPS: RM0.006 (up from RM0.003 in 1Q 2025). Revenue: RM32.9m (down 9.7% from 1Q 2025). Net income: RM4.80m (up 130% from 1Q 2025). Profit margin: 15% (up from 5.7% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Chemicals industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Aankondiging • Nov 22
Techbond Group Berhad Announces First Interim Single Tier Dividend for the Financial Year Ending 30 June 2026, Payable on 24 December 2025 Techbond Group Berhad announced the First Interim Single Tier Dividend of 0.75 sen per share for the financial year ending 30 June 2026. Ex-Date is on 05 December 2025 with Entitlement date on 08 December 2025. Payment Date on 24 December 2025. Reported Earnings • Oct 25
Full year 2025 earnings released: EPS: RM0.023 (vs RM0.031 in FY 2024) Full year 2025 results: EPS: RM0.023 (down from RM0.031 in FY 2024). Revenue: RM146.5m (down 3.0% from FY 2024). Net income: RM15.9m (down 3.2% from FY 2024). Profit margin: 11% (in line with FY 2024). Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Chemicals industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Aankondiging • Oct 22
Techbond Group Berhad, Annual General Meeting, Nov 21, 2025 Techbond Group Berhad, Annual General Meeting, Nov 21, 2025, at 10:00 Singapore Standard Time. Location: danau 3, kota permai golf & country club, no. 1, jalan anggerik vanilla 31/100a, kota kemuning, 40460 shah alam, selangor, Malaysia Reported Earnings • Aug 22
Full year 2025 earnings released: EPS: RM0.023 (vs RM0.031 in FY 2024) Full year 2025 results: EPS: RM0.023 (down from RM0.031 in FY 2024). Revenue: RM146.5m (down 3.0% from FY 2024). Net income: RM15.9m (down 3.2% from FY 2024). Profit margin: 11% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Price Target Changed • Jun 21
Price target increased by 23% to RM0.54 Up from RM0.44, the current price target is provided by 1 analyst. New target price is 74% above last closing price of RM0.31. Stock is down 36% over the past year. The company posted earnings per share of RM0.031 last year. Major Estimate Revision • Jun 05
Consensus EPS estimates fall by 14% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from RM0.037 to RM0.032. Revenue forecast unchanged from RM154.8m at last update. Net income forecast to grow 18% next year vs 30% growth forecast for Chemicals industry in Malaysia. Consensus price target down from RM0.54 to RM0.44. Share price was steady at RM0.30 over the past week. Reported Earnings • May 30
Third quarter 2025 earnings released: EPS: RM0.006 (vs RM0.008 in 3Q 2024) Third quarter 2025 results: EPS: RM0.006. Revenue: RM37.6m (up 4.4% from 3Q 2024). Net income: RM4.42m (up 9.4% from 3Q 2024). Profit margin: 12% (in line with 3Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Chemicals industry in Malaysia. Major Estimate Revision • Feb 27
Consensus EPS estimates fall by 14% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from RM161.1m to RM154.8m. EPS estimate also fell from RM0.043 per share to RM0.037 per share. Net income forecast to grow 30% next year vs 27% growth forecast for Chemicals industry in Malaysia. Consensus price target of RM0.54 unchanged from last update. Share price was steady at RM0.35 over the past week. Reported Earnings • Feb 21
Second quarter 2025 earnings released: EPS: RM0.009 (vs RM0.008 in 2Q 2024) Second quarter 2025 results: EPS: RM0.009 (up from RM0.008 in 2Q 2024). Revenue: RM38.4m (down 4.4% from 2Q 2024). Net income: RM6.36m (up 46% from 2Q 2024). Profit margin: 17% (up from 11% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Chemicals industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. New Risk • Feb 02
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 34% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (RM255.4m market cap, or US$57.3m). Reported Earnings • Nov 28
First quarter 2025 earnings released: EPS: RM0.003 (vs RM0.006 in 1Q 2024) First quarter 2025 results: EPS: RM0.003 (down from RM0.006 in 1Q 2024). Revenue: RM36.4m (flat on 1Q 2024). Net income: RM2.09m (down 32% from 1Q 2024). Profit margin: 5.7% (down from 8.5% in 1Q 2024). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Chemicals industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Declared Dividend • Nov 08
Final dividend of RM0.01 announced Shareholders will receive a dividend of RM0.01. Ex-date: 20th November 2024 Payment date: 6th December 2024 Dividend yield will be 3.7%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has decreased over the past 56 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 60% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Nov 04
Now 21% overvalued Over the last 90 days, the stock has fallen 8.9% to RM0.41. The fair value is estimated to be RM0.34, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 71% in the next 2 years. Aankondiging • Oct 28
Techbond Group Berhad, Annual General Meeting, Nov 27, 2024 Techbond Group Berhad, Annual General Meeting, Nov 27, 2024, at 10:00 Singapore Standard Time. Location: danau 3, kota permai golf & country club, no. 1, jalan anggerik vanilla 31/100a, kota kemuning, 40460 shah alam, selangor darul ehsan, Malaysia Buy Or Sell Opportunity • Oct 15
Now 20% overvalued Over the last 90 days, the stock has fallen 19% to RM0.43. The fair value is estimated to be RM0.36, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 71% in the next 2 years. Reported Earnings • Aug 23
Full year 2024 earnings released: EPS: RM0.031 (vs RM0.021 in FY 2023) Full year 2024 results: EPS: RM0.031 (up from RM0.021 in FY 2023). Revenue: RM151.1m (up 39% from FY 2023). Net income: RM16.4m (up 49% from FY 2023). Profit margin: 11% (in line with FY 2023). Revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the Chemicals industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • May 28
Third quarter 2024 earnings released: EPS: RM0.008 (vs RM0.006 in 3Q 2023) Third quarter 2024 results: EPS: RM0.008 (up from RM0.006 in 3Q 2023). Revenue: RM36.1m (up 36% from 3Q 2023). Net income: RM4.04m (up 38% from 3Q 2023). Profit margin: 11% (in line with 3Q 2023). Revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Chemicals industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. New Risk • May 25
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (3.1% increase in shares outstanding). Market cap is less than US$100m (RM245.7m market cap, or US$52.2m). Aankondiging • Mar 07
Techbond Group Berhad Announces Resignation of Mr. Ng Yeow Siang as Group Finance Director Techbond Group Berhad announced the resignation of Mr. Ng Yeow Siang as principal officer, age:47. Date of change is March 6, 2024. Mr. Ng Yeow Siang has ceased his roles and responsibilities as the Group Finance Director with effect from 6 March 2024. The Company is in the midst of identifying a suitable candidate. In the meantime, his roles and responsibilities will be assumed by the Finance Manager, who reports directly to the deputy managing director. The reason for cessation is to pursue other opportunities. Board Change • Mar 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. Deputy MD & Executive Director Seh Lee was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Dec 01
First quarter 2024 earnings released: EPS: RM0.006 (vs RM0.009 in 1Q 2023) First quarter 2024 results: EPS: RM0.006 (down from RM0.009 in 1Q 2023). Revenue: RM36.4m (up 56% from 1Q 2023). Net income: RM3.09m (down 31% from 1Q 2023). Profit margin: 8.5% (down from 19% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.0% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Chemicals industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings. Aankondiging • Oct 11
Techbond Group Berhad Announces Resignation of Nadiah ILI Binti Adnan as Joint Secretary Techbond Group Berhad announced Resignation of NADIAH ILI BINTI ADNAN as Joint Secretary. Date Of Change: 10 October 2023. Reported Earnings • Aug 24
Full year 2023 earnings released: EPS: RM0.021 (vs RM0.021 in FY 2022) Full year 2023 results: EPS: RM0.021 (in line with FY 2022). Revenue: RM108.9m (up 28% from FY 2022). Net income: RM11.0m (down 1.7% from FY 2022). Profit margin: 10% (down from 13% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Chemicals industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Reported Earnings • May 26
Third quarter 2023 earnings released: EPS: RM0.006 (vs RM0.005 in 3Q 2022) Third quarter 2023 results: EPS: RM0.006 (up from RM0.005 in 3Q 2022). Revenue: RM26.6m (up 17% from 3Q 2022). Net income: RM2.93m (up 3.6% from 3Q 2022). Profit margin: 11% (down from 12% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Chemicals industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 5% per year. Reported Earnings • Feb 28
Second quarter 2023 earnings released: RM0.003 loss per share (vs RM0.005 profit in 2Q 2022) Second quarter 2023 results: RM0.003 loss per share (down from RM0.005 profit in 2Q 2022). Revenue: RM24.9m (up 10.0% from 2Q 2022). Net loss: RM1.68m (down 165% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year. Board Change • Jan 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. Deputy MD & Executive Director Seh Lee was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Aankondiging • Dec 29
Techbond Group Berhad (KLSE:TECHBND) entered into agreement to acquire 99.57% stake in Malayan Adhesives & Chemicals Sdn Bhd from ChemQuest Sdn Bhd for MYR 57 million. Techbond Group Berhad (KLSE:TECHBND) entered into agreement to acquire 99.57% stake in Malayan Adhesives & Chemicals Sdn Bhd from ChemQuest Sdn Bhd for MYR 57 million on December 27, 2022.The Total Purchase Consideration will be funded through a combination of internally generated funds and/or bank borrowings.Kenanga Investment Bank Berhad (KLSE:KENANGA) acted as financial advisor to Techbond Group Berhad (KLSE:TECHBND). Aankondiging • Dec 23
Techbond Group Berhad Approves Final Single Tier Dividend for the Financial Year Ended 30 June 2022 Techbond Group Berhad approves final single tier dividend of 0.5 sen per ordinary share in respect of the financial year ended 30 June 2022, at its Annual General Meeting held on Dec. 22, 2022. Reported Earnings • Nov 24
First quarter 2023 earnings released: EPS: RM0.009 (vs RM0.003 in 1Q 2022) First quarter 2023 results: EPS: RM0.009 (up from RM0.003 in 1Q 2022). Revenue: RM23.4m (up 53% from 1Q 2022). Net income: RM4.50m (up 234% from 1Q 2022). Profit margin: 19% (up from 8.8% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Aankondiging • Nov 24
Techbond Group Berhad Announces the Resignation of Wong Wai Foong as Joint Secretary Techbond Group Berhad announced the resignation of Wong Wai Foong as Joint Secretary, effective from 23 November 2022. Aankondiging • Nov 01
Techbond Group Berhad, Annual General Meeting, Dec 22, 2022 Techbond Group Berhad, Annual General Meeting, Dec 22, 2022, at 10:00 Singapore Standard Time. Location: Tricor Leadership Room, Unit 32-01, Level 32, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi Kuala Lumpur Malaysia Agenda: To approve the payment of the final single tier dividend of 0.5 sen per ordinary share in respect of the financial year ended 30 June 2022; to re-appointment of Grant Thornton Malaysia PLT as Auditors of the Company; to proposed Renewal of Authority to Issue and Allot Shares; and to consider other matters. Aankondiging • Oct 29
Techbond Group Berhad Declares Final Single Tier Dividend in Respect of Financial Year Ended 30 June 2022, Payable on 17 January 2023 Techbond Group Berhad declared final single tier dividend of 0.5 sen per ordinary share in respect of financial year ended 30 June 2022. Entitlement date 30 December 2022, Ex-Date is on 29 December 2022, Payment Date is on 17 January 2023. Reported Earnings • Aug 25
Full year 2022 earnings released: EPS: RM0.021 (vs RM0.022 in FY 2021) Full year 2022 results: EPS: RM0.021 (down from RM0.022 in FY 2021). Revenue: RM85.1m (down 5.2% from FY 2021). Net income: RM11.2m (down 2.7% from FY 2021). Profit margin: 13% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 5% per year. Reported Earnings • May 21
Third quarter 2022 earnings released: EPS: RM0.005 (vs RM0.007 in 3Q 2021) Third quarter 2022 results: EPS: RM0.005 (down from RM0.007 in 3Q 2021). Revenue: RM22.8m (up 5.6% from 3Q 2021). Net income: RM2.83m (down 26% from 3Q 2021). Profit margin: 12% (down from 18% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 8% per year. Reported Earnings • Feb 24
Second quarter 2022 earnings: EPS in line with expectations, revenues disappoint Second quarter 2022 results: EPS: RM0.005 (vs RM0.005 in 2Q 2021). Revenue: RM22.6m (down 4.7% from 2Q 2021). Net income: RM2.59m (up 1.4% from 2Q 2021). Profit margin: 11% (in line with 2Q 2021). Revenue missed analyst estimates by 14%. Reported Earnings • Oct 28
Full year 2021 earnings released: EPS RM0.022 (vs RM0.021 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2021 results: Revenue: RM89.8m (up 26% from FY 2020). Net income: RM11.5m (up 7.3% from FY 2020). Profit margin: 13% (down from 15% in FY 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Sep 01
Full year 2021 earnings released: EPS RM0.022 (vs RM0.021 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2021 results: Revenue: RM89.8m (up 26% from FY 2020). Net income: RM11.5m (up 7.3% from FY 2020). Profit margin: 13% (down from 15% in FY 2020). The decrease in margin was driven by higher expenses. Aankondiging • May 21
Techbond Group Berhad Announces Temporary Closure of Factory The Board of Directors of the Techbond Group Berhad announced that the Company had voluntarily conducted COVID-19 screening for all its employees and discovered several positive cases among its factory workers in Kota Kemuning, Shah Alam factories. In immediate response, employees who have had closed contact with the infected workers will also be placed under quarantine and isolation and will undergo subsequent screenings. There are 7 positive cases thus far and are undergoing treatment and quarantine. The Company has carried out deep cleaning and disinfecting exercise on the whole premises and dormitories located in Kota Kemuning, Shah Alam. The Company has taken the initiative to temporary close its Kota Kemuning, Shah Alam factories voluntarily from 20 May 2021 to 26 May 2021. The Company's operations in Johor and Sabah, Malaysia as well as Vietnam are unaffected and operating as usual. The temporary closure of the Kota Kemuning, Shah Alam factories is not expected to have any significant impact to the Company’s operations and financial performance at this juncture. The Company will strictly adhere to the Standard Operating Procedures issued by National Security Council (MKN) and Kementerian Kesihatan Malaysia (“KKM”) and continues to undertake precautionary and preventive measures for COVID-19 as part of the business continuity management. The Company will also continue to work closely with KKM and other relevant authorities to ensure the safety and health of all employees, business associates and visitors. The Company will continue to monitor the situation closely and provide updates as new information becomes available. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment deteriorated over the past week After last week's 18% share price decline to RM1.36, the stock trades at a trailing P/E ratio of 31.2x. Average trailing P/E is 22x in the Chemicals industry in Malaysia. Total returns to shareholders of 149% over the past year. Reported Earnings • Feb 26
Second quarter 2021 earnings released: EPS RM0.011 (vs RM0.013 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: RM23.7m (up 14% from 2Q 2020). Net income: RM2.55m (down 16% from 2Q 2020). Profit margin: 11% (down from 14% in 2Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment improved over the past week After last week's 33% share price gain to RM1.84, the stock is trading at a trailing P/E ratio of 40.2x, up from the previous P/E ratio of 30.2x. This compares to an average P/E of 23x in the Chemicals industry in Malaysia. Total returns to shareholders over the past year are 99%. Is New 90 Day High Low • Feb 03
New 90-day high: RM1.49 The company is up 13% from its price of RM1.32 on 05 November 2020. The Malaysian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 11% over the same period. Is New 90 Day High Low • Jan 11
New 90-day low: RM1.20 The company is down 10.0% from its price of RM1.33 on 13 October 2020. The Malaysian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 22% over the same period. Upcoming Dividend • Dec 14
Upcoming Dividend of RM0.01 Per Share Will be paid on the 18th of January to those who are registered shareholders by the 21st of December. The trailing yield of 0.8% is below the top quartile of Malaysian dividend payers (4.3%), and is lower than industry peers (1.6%). Reported Earnings • Nov 26
First quarter 2021 earnings released: EPS RM0.011 The company reported a soft first quarter result with weaker earnings and profit margins, although revenues were improved. First quarter 2021 results: Revenue: RM22.0m (up 14% from 1Q 2020). Net income: RM2.51m (down 7.3% from 1Q 2020). Profit margin: 11% (down from 14% in 1Q 2020). The decrease in margin was driven by higher expenses. Is New 90 Day High Low • Nov 12
New 90-day high: RM1.39 The company is up 30% from its price of RM1.07 on 14 August 2020. The Malaysian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 11% over the same period. Is New 90 Day High Low • Oct 16
New 90-day high: RM1.37 The company is up 62% from its price of RM0.84 on 17 July 2020. The Malaysian market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 2.0% over the same period. Is New 90 Day High Low • Sep 22
New 90-day high: RM1.28 The company is up 56% from its price of RM0.82 on 24 June 2020. The Malaysian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is down 7.0% over the same period. 
