Aankondiging • Jul 29
NEXG Berhad, Annual General Meeting, Sep 30, 2026 NEXG Berhad, Annual General Meeting, Sep 30, 2026, at 10:00 Singapore Standard Time. Location: mesmera ballroom 1, level 1, the everly putrajaya, no. 1, jalan alamanda 2, precinct 1, 62000 putrajaya, w.p. putrajaya, Malaysia Buy Or Sell Opportunity • Jul 28
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 18% to RM0.25. 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 been flat over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Jul 23
Full year 2026 earnings released: RM0.023 loss per share (vs RM0.041 profit in FY 2025) Full year 2026 results: RM0.023 loss per share (down from RM0.041 profit in FY 2025). Revenue: RM348.2m (down 6.8% from FY 2025). Net loss: RM84.2m (down 173% from profit in FY 2025). Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 16% per year. New Risk • Jul 01
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: Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Buy Or Sell Opportunity • Jul 01
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.7% to RM0.26. The fair value is estimated to be RM0.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Jun 08
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.4% to RM0.27. The fair value is estimated to be RM0.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • May 23
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.8% to RM0.28. The fair value is estimated to be RM0.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Board Change • Apr 01
High number of new and inexperienced directors There are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. No experienced directors. No highly experienced directors. Executive Director Ab.Hamid Bin Mohamad Hanipah is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Aankondiging • Mar 11
NEXG Berhad has completed a Follow-on Equity Offering in the amount of MYR 66 million. NEXG Berhad has completed a Follow-on Equity Offering in the amount of MYR 66 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 150,000,000
Price\Range: MYR 0.44
Transaction Features: Subsequent Direct Listing Reported Earnings • Feb 26
Third quarter 2026 earnings released: RM0.037 loss per share (vs RM0.01 profit in 3Q 2025) Third quarter 2026 results: RM0.037 loss per share (down from RM0.01 profit in 3Q 2025). Revenue: RM79.3m (down 19% from 3Q 2025). Net loss: RM130.9m (down RM157.8m from profit in 3Q 2025). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the IT 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 14% per year, which means it is significantly lagging earnings. New Risk • Dec 29
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 Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings are forecast to decline by an average of 5.3% per year for the foreseeable future. High level of non-cash earnings (47% accrual ratio). Minor Risk Shareholders have been diluted in the past year (25% increase in shares outstanding). Price Target Changed • Dec 01
Price target decreased by 12% to RM0.43 Down from RM0.49, the current price target is an average from 2 analysts. New target price is 24% above last closing price of RM0.35. Stock is down 11% over the past year. The company is forecast to post earnings per share of RM0.028 for next year compared to RM0.041 last year. Reported Earnings • Nov 29
Second quarter 2026 earnings released: EPS: RM0.006 (vs RM0.006 in 2Q 2025) Second quarter 2026 results: EPS: RM0.006 (in line with 2Q 2025). Revenue: RM77.1m (down 4.8% from 2Q 2025). Net income: RM19.4m (up 9.4% from 2Q 2025). Profit margin: 25% (up from 22% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 10% growth forecast for the IT industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Aankondiging • Nov 21
NEXG Berhad Announces Resignation of Ibrahim Bin Abdullah as Independent Director, Effective November 20, 2025 NEXG BERHAD announced the resignation of Dato' Ibrahim Bin Abdullah as an Independent Director, effective November 20, 2025. Directorate: Independent and Non-Executive. Age is 68. Buy Or Sell Opportunity • Oct 07
Now 21% undervalued Over the last 90 days, the stock has risen 16% to RM0.52. The fair value is estimated to be RM0.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 34%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to decline by 22% in the next 2 years. New Risk • Sep 14
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% 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: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings are forecast to decline by an average of 6.4% per year for the foreseeable future. Minor Risk Shareholders have been diluted in the past year (23% increase in shares outstanding). Reported Earnings • Aug 29
First quarter 2026 earnings released: EPS: RM0.02 (vs RM0.01 in 1Q 2025) First quarter 2026 results: EPS: RM0.02 (up from RM0.01 in 1Q 2025). Revenue: RM88.5m (down 2.5% from 1Q 2025). Net income: RM64.9m (up 140% from 1Q 2025). Profit margin: 73% (up from 30% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the IT industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Aug 11
Now 24% undervalued Over the last 90 days, the stock has risen 15% to RM0.38. The fair value is estimated to be RM0.49, however this is not to be taken as a buy 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 39%. For the next 3 years, revenue is forecast to grow by 4.3% per annum. Earnings are forecast to decline by 1.4% per annum over the same time period. Reported Earnings • Jul 31
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: RM0.041 (up from RM0.033 in FY 2024). Revenue: RM373.5m (up 1.4% from FY 2024). Net income: RM115.5m (up 25% from FY 2024). Profit margin: 31% (up from 25% in FY 2024). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the IT industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Aankondiging • Jul 29
NEXG Berhad, Annual General Meeting, Sep 24, 2025 NEXG Berhad, Annual General Meeting, Sep 24, 2025, at 10:00 Singapore Standard Time. Location: lobby, prima 10, avenue ii, block 3544, persiaran apec, 63000 cyberjaya, selangor darul ehsan, Malaysia Aankondiging • Jul 23
NEXG Berhad has filed a Follow-on Equity Offering in the amount of MYR 197.468418 million. NEXG Berhad has filed a Follow-on Equity Offering in the amount of MYR 197.468418 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 448,791,858
Price\Range: MYR 0.44
Transaction Features: Subsequent Direct Listing Reported Earnings • May 29
Full year 2025 earnings released: EPS: RM0.042 (vs RM0.033 in FY 2024) Full year 2025 results: EPS: RM0.042 (up from RM0.033 in FY 2024). Revenue: RM373.5m (up 1.4% from FY 2024). Net income: RM115.5m (up 25% from FY 2024). Profit margin: 31% (up from 25% in FY 2024). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the IT industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. New Risk • Apr 17
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 10% 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 are forecast to decline by an average of 1.0% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (10% average weekly change). Aankondiging • Apr 03
NEXG Berhad (KLSE:DSONIC) acquired an additional 7.58% stake in MMAG Holdings Berhad (KLSE:MMAG). NEXG Berhad (KLSE:DSONIC) entered into a Sale and Purchase Agreement to acquire an additional 7.58% stake in MMAG Holdings Berhad (KLSE:MMAG) for MYR 70 million on March 27, 2025. A cash consideration of MYR 70 million will be paid by NEXG Berhad for 175,000,000 ordinary shares. Upon completion, NEXG Berhad will own 9.53% stake in MMAG Holdings Berhad.
NEXG Berhad (KLSE:DSONIC) completed the acquisition of an additional 7.58% stake in MMAG Holdings Berhad (KLSE:MMAG) on April 2, 2025. Aankondiging • Mar 07
Datasonic Group Berhad (KLSE:DSONIC) acquired 51% stake in Innov8tif Holdings Sdn Bhd from Revenue Group Berhad (KLSE:REVENUE) for MYR 40 million. Datasonic Group Berhad (KLSE:DSONIC) entered into a conditional sale agreement to acquire 51% stake in Innov8tif Holdings Sdn Bhd from Revenue Group Berhad (KLSE:REVENUE) for MYR 40 million on November 4, 2024. A cash consideration of MYR 2.75 million will be paid by Datasonic Group Berhad. As part of consideration, MYR 40 million is paid towards common equity of Innov8tif Holdings Sdn Bhd. which is subject to the terms as set out in the SSA.
On February 3, 2025, the parties entered into a letter of variation (“Letter of Extension”) to amend the definition of “Conditional Period” in the sale agreement to 5 months from the date of the agreement or such other extended date the parties may mutually agree in writing. As a result, the Conditional Period of the SSA has been extended for an additional 2 months, now ending on April 3, 2025.
The transaction is subject to approval by regulatory board / committee, approval of offer by target shareholders, consummation of due diligence investigation and third party approval needed. The expected completion of the transaction is April 1, 2025 to June 30, 2025.
TA Securities Holdings Berhad acted as Financial advisor to Revenue Group Berhad (KLSE:REVENUE).
Datasonic Group Berhad (KLSE:DSONIC) completed the acquisition of 51% stake in Innov8tif Holdings Sdn Bhd from Revenue Group Berhad (KLSE:REVENUE) March 6, 2025. Revenue Group Berhad (KLSE:REVENUE) has received MYR 37.35 million of the Disposal Consideration (excluding the Retained Purchase Consideration of MYR 2.75 million) and accordingly, all conditions precedent of the share sale agreement have been fulfilled. Aankondiging • Feb 28
NEXG Berhad Announces Resignation of CHUAH HUEI JIUN as Chief Financial Officer NEXG Berhad announced the resignation of Madam CHUAH HUEI JIUN as Chief Financial Officer, age 46 as Chief Financial Officer. Date of change is on 28 February 2025. Reason: To pursue other interests. Price Target Changed • Feb 21
Price target decreased by 14% to RM0.55 Down from RM0.64, the current price target is an average from 4 analysts. New target price is 71% above last closing price of RM0.32. Stock is down 32% over the past year. The company is forecast to post earnings per share of RM0.031 for next year compared to RM0.033 last year. Reported Earnings • Feb 21
Third quarter 2025 earnings released: EPS: RM0.01 (vs RM0.006 in 3Q 2024) Third quarter 2025 results: EPS: RM0.01 (up from RM0.006 in 3Q 2024). Revenue: RM97.9m (up 22% from 3Q 2024). Net income: RM26.9m (up 64% from 3Q 2024). Profit margin: 28% (up from 21% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 14% growth forecast for the IT industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Aankondiging • Jan 16
Datasonic Group Berhad Appoints Dato' Che Nazli Binti Jaapar as Independent and Non-Executive Director Datasonic Group Berhad announced the appointment of Dato' Che Nazli Binti Jaapar as independent and non-executive director. Date of change is 14 January 2025. Age: 61. Qualifications: Degree, Business Administration (Finance), University of Tulsa, U.S.A; Diploma, Public Management, National Institute of Public Administration, Malaysia. Working experience and occupation: Dato’ Che Nazli holds a Bachelor’s degree in Business Administration (Finance) from University of Tulsa, U.S.A. and Diploma in Public Management from National Institute of Public Administration, Malaysia. Dato' Che Nazli had recently retired as the Under Secretary, Tax Division, Ministry of Finance (MOF), holding the position since February 2021. Prior to that, she was the Chief Operating Officer in SME Corporation Malaysia, Director of Human Resource Management Division, Ministry of International Trade and Industry and Chief Administration Officer, the National Palace. Dato' Che Nazli has wide international exposure on Implementation of e-Invoicing: Mexico Experience (Mexico Tax Office), Tax Modelling (Australian Tax Office), Economic Policy Design (MOF Japan), Leadership and Strategic Change (University of Cambridge, UK), Innovation & Productivity in Public Administration (Switzerland), Leadership Development Program (London). She also actively involved in the Tax Conferences and Seminars organised by Inland Revenue Board, Chartered Tax Institute of Malaysia (CTIM), EY, KPMG and PWC as a speaker, panelist and moderator. Dato' Che Nazli is also a lead negotiator for Double Taxation Avoidance Agreement (DTAA) between Malaysia and Georgia, Russia and Maldives. Besides, she is also involved in negotiation for Mutual Agreement Procedure (MAP), Advance Pricing Arrangement (APA) and Bilateral Advance Pricing Arrangement (BAPA) with Canada, Japan, Korea, Denmark and Netherlands. Dato’ Che Nazli also serves on the board of Malaysian Bioeconomy Development Corporation Sdn Bhd and Infinity Logistics and Transport Ventures Limited, a public listed company in Hong Kong. Directorships in public companies and listed issuers (if any): MMAG Holdings Berhad and Jati Tinggi Group Berhad. Aankondiging • Jan 01
Datasonic Group Berhad Announces Resignation of Ym Tunku Datuk Nooruddin Bin Tunku Dato' Seri Shahabuddin as Independent and Non Executive Director Datasonic Group Berhad announced resignation of Ym Tunku Datuk Nooruddin Bin Tunku Dato' Seri Shahabuddin as Independent and Non Executive Director. Date of change is December 31, 2024. Age is 60. Reason is Different views on the Company's future plans. Reported Earnings • Nov 29
Second quarter 2025 earnings released: EPS: RM0.006 (vs RM0.006 in 2Q 2024) Second quarter 2025 results: EPS: RM0.006 (in line with 2Q 2024). Revenue: RM81.0m (down 7.1% from 2Q 2024). Net income: RM17.8m (down 2.0% from 2Q 2024). Profit margin: 22% (up from 21% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 14% growth forecast for the IT industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Aankondiging • Nov 22
Datasonic Group Berhad Announces Appointment of Tan Sri Dato' Seri Mohd Khairul Adib Bin Abd Rahman as Independent and Non Executive Director Datasonic Group Berhad announced appointment of Tan Sri Dato' Seri Mohd Khairul Adib Bin Abd Rahman as Independent and Non Executive Director. Gender: Male. Age: 62. Nationality: Malaysia. Date of change: November22, 2024. Qualification: Masters: Masters in Public Policy Saitama University, Japan. Degree: Bachelor of Science (Honours): Universiti Kebangsaan Malaysia. Postgraduate Diploma in Public Management Institut Tadbiran Awam Negara (INTAN. Working experience: Tan Sri Dato Seri Mohd Khairul Adib last served as the Director-General of Public Service before retiring from the Malaysian Civil Service in January 2022. Prior to that, he was the Secretary-General of the Ministry of Transport. Tan Sri Dato Seri Mohd Khairul Adib began his career in the civil service in 1988 and has served various ministries over the period spanning 34 years including at the Ministry of Science, Technology and Environment, Ministry of Education and Malaysian missions in Tokyo and London. He has served on various Boards including Employees Provident Fund, Inland Revenue Board, Kumpulan Wang Persaraan (Diperbadankan), MAVCOM, Prasarana Malaysia Berhad, Keretapi Tanah Melayu Berhad, Malaysia Airports Holding Berhad, Konsortium Pelabuhan Kemaman Sdn Bhd, Malaysian Maritime Academy Sdn Bhd, Malaysia Rail Link Sdn Bhd, MyHSR Corporation Sdn Bhd, Prasarana Malaysia Berhad, Bintulu Port Authority, Port Klang Authority, Johor Port Authority, Pelabuhan Tanjung Pelepas Sdn Bhd, Railway Assets Corporation, Northern Gateway Sdn Bhd, Razak School of Government and Bukit Kayu Hitam Development Sdn Bhd and Civil Aviation Authority of Malaysia (CAAM). In January 2022, Tan Sri Dato Seri Mohd Khairul Adib was conferred the Japanese Decoration, The Order of the Rising Sun, Gold and Silver Star by the Emperor of Japan. He currently holds esteemed positions as the Chairman of Malaysian Qualifications Agency (MQA), MMAG Holdings Berhad and Ingenieur Gudang Berhad. He also serves on the Board of Westports Holdings Berhad. In addition to these pivotal roles, Tan Sri Adib holds key positions in several distinguished private companies, including Daiso Group Malaysia Sdn Bhd, Ahli Majlis Agama Islam Wilayah Persekutuan (MAIWP) and others. Directorships in public companies and listed issuers (if any) (i) MMAG Holdings Berhad; (ii) Ingenieur Gudang Berhad; and (iii) Westports Holdings Berhad. Aankondiging • Nov 05
Datasonic Group Berhad (KLSE:DSONIC) agreed to acquire 51% stake in Innov8tif Holdings Sdn Bhd from Revenue Group Berhad (KLSE:REVENUE) for MYR 40 million. Datasonic Group Berhad (KLSE:DSONIC) agreed to acquire 51% stake in Innov8tif Holdings Sdn Bhd from Revenue Group Berhad (KLSE:REVENUE) for MYR 40 million on November 4, 2024. A cash consideration of MYR 2.75 million will be paid by Datasonic Group Berhad. As part of consideration, MYR 40 million is paid towards common equity of Innov8tif Holdings Sdn Bhd.
The transaction is subject to approval by regulatory board / committee, approval of offer by target shareholders, consummation of due diligence investigation and third party approval needed. The expected completion of the transaction is April 1, 2025 to June 30, 2025. Aankondiging • Oct 02
Datasonic Group Berhad Announces the Resignation of Mr. Chia Kok Khuang as Executive Director Datasonic Group Berhad announced the resignation of Mr. Chia Kok Khuang as Executive Director to pursue other interests, effective from 02 October 2024. Age: 46. Declared Dividend • Aug 31
First quarter dividend increased to RM0.0075 Dividend of RM0.0075 is 25% higher than last year. Ex-date: 12th September 2024 Payment date: 27th September 2024 Dividend yield will be 6.8%, which is higher than the industry average of 4.9%. Sustainability & Growth Dividend is covered by earnings (84% earnings payout ratio) but not covered by cash flows (110% cash payout ratio). The dividend has increased by an average of 23% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 1.0% over the next 3 years. However, it would need to fall by 6.8% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Aug 30
First quarter 2025 earnings released: EPS: RM0.01 (vs RM0.007 in 1Q 2024) First quarter 2025 results: EPS: RM0.01 (up from RM0.007 in 1Q 2024). Revenue: RM90.8m (up 7.0% from 1Q 2024). Net income: RM27.0m (up 42% from 1Q 2024). Profit margin: 30% (up from 22% in 1Q 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 17% growth forecast for the IT industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Aankondiging • Jun 28
Datasonic Group Berhad, Annual General Meeting, Jul 31, 2024 Datasonic Group Berhad, Annual General Meeting, Jul 31, 2024, at 10:00 Singapore Standard Time. Location: conference room, level 6, bangunan setia 1, no. 15, lorong dungun, damansara heights, 50490 kuala lumpur Malaysia Price Target Changed • Jun 05
Price target increased by 9.1% to RM0.63 Up from RM0.58, the current price target is an average from 4 analysts. New target price is 21% above last closing price of RM0.52. Stock is up 14% over the past year. The company is forecast to post earnings per share of RM0.034 for next year compared to RM0.033 last year. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: RM0.033 (vs RM0.027 in FY 2023) Full year 2024 results: EPS: RM0.033 (up from RM0.027 in FY 2023). Revenue: RM368.3m (up 6.8% from FY 2023). Net income: RM92.3m (up 21% from FY 2023). Profit margin: 25% (up from 22% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the IT industry in Asia. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Declared Dividend • Jun 01
Third quarter dividend of RM0.013 announced Shareholders will receive a dividend of RM0.013. Ex-date: 14th June 2024 Payment date: 2nd July 2024 Dividend yield will be 6.2%, which is higher than the industry average of 4.9%. Sustainability & Growth Dividend is not covered by earnings (100% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 11% to bring the payout ratio under control. EPS is expected to grow by 34% over the next 2 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Mar 02
Third quarter 2024 earnings released: EPS: RM0.006 (vs RM0.007 in 3Q 2023) Third quarter 2024 results: EPS: RM0.006 (down from RM0.007 in 3Q 2023). Revenue: RM80.5m (down 1.9% from 3Q 2023). Net income: RM16.5m (down 1.5% from 3Q 2023). Profit margin: 21% (in line with 3Q 2023). Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the IT industry in Asia. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Aankondiging • Jan 26
Datasonic Group Berhad Announces Resignation of Dato Safian Bin Mohd Yunus as Non Independent and Non Executive Director Datasonic Group Berhad announced resignation of Dato Safian Bin Mohd Yunus as Non Independent and Non Executive Director. Date of change is 26 January 2024. Age is 48. Reason: to pursue other interests. Price Target Changed • Dec 12
Price target decreased by 11% to RM0.55 Down from RM0.62, the current price target is an average from 4 analysts. New target price is 29% above last closing price of RM0.42. Stock is down 14% over the past year. The company is forecast to post earnings per share of RM0.029 for next year compared to RM0.027 last year. Price Target Changed • Dec 01
Price target decreased by 7.2% to RM0.61 Down from RM0.66, the current price target is an average from 4 analysts. New target price is 42% above last closing price of RM0.43. Stock is down 16% over the past year. The company is forecast to post earnings per share of RM0.029 for next year compared to RM0.027 last year. Reported Earnings • Dec 01
Second quarter 2024 earnings released: EPS: RM0.006 (vs RM0.009 in 2Q 2023) Second quarter 2024 results: EPS: RM0.006 (down from RM0.009 in 2Q 2023). Revenue: RM87.2m (down 6.8% from 2Q 2023). Net income: RM18.1m (down 27% from 2Q 2023). Profit margin: 21% (down from 27% in 2Q 2023). Revenue is expected to decline by 1.6% p.a. on average during the next 3 years, while revenues in the IT industry in Malaysia are expected to grow by 17%. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 31
First quarter 2024 earnings released: EPS: RM0.007 (vs RM0.004 in 1Q 2023) First quarter 2024 results: EPS: RM0.007 (up from RM0.004 in 1Q 2023). Revenue: RM84.8m (up 32% from 1Q 2023). Net income: RM19.0m (up 58% from 1Q 2023). Profit margin: 22% (up from 19% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is expected to decline by 3.2% p.a. on average during the next 3 years, while revenues in the IT industry in Asia are expected to grow by 9.1%. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.