Reported Earnings • May 26
Third quarter 2026 earnings released: EPS: RM0.002 (vs RM0.007 in 3Q 2025) Third quarter 2026 results: EPS: RM0.002 (down from RM0.007 in 3Q 2025). Revenue: RM12.0m (down 39% from 3Q 2025). Net income: RM1.19m (down 75% from 3Q 2025). Profit margin: 9.9% (down from 24% in 3Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 01
Second quarter 2026 earnings released: EPS: RM0.004 (vs RM0.005 in 2Q 2025) Second quarter 2026 results: EPS: RM0.004 (down from RM0.005 in 2Q 2025). Revenue: RM14.5m (down 20% from 2Q 2025). Net income: RM2.36m (down 25% from 2Q 2025). Profit margin: 16% (down from 17% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 29
First quarter 2026 earnings released: EPS: RM0.004 (vs RM0.004 in 1Q 2025) First quarter 2026 results: EPS: RM0.004 (in line with 1Q 2025). Revenue: RM15.1m (down 26% from 1Q 2025). Net income: RM2.41m (down 10% from 1Q 2025). Profit margin: 16% (up from 13% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Announcement • Nov 22
MTAG Group Berhad Announces Appointment of Liew Fei Shane as Group Financial Controller, Effective 21 November 2025 MTAG Group Berhad announced appointment of Miss Liew Fei Shane as Group Financial Controller. Age is 54. Date of change is 21 November 2025. Qualifications: Accounting from Malaysian Institute of Certified Public Accountant ("MICPA")-She is a Chartered Accountant of Malaysian Institute of Accountants ("MIA"). Working experience and occupation: Ms Liew Fei Shane is a member of the Malaysian Institute of Certified Public Accountants and a Chartered Accountant of the Malaysian Institute of Accountants (MIA). She has previously served as Chief Financial Officer and later General Manager of MTAG Group Berhad, where she played a key role in the Company's successful IPO in 2019 and subsequently oversaw group finance and operational matters. She left MTAG in March 2024 to assume a Chief Financial Officer role in the recycling and sustainable materials industry, followed by lead finance roles in the writing instruments manufacturing and construction chemicals sectors. Ms Liew has now rejoined MTAG, bringing with her extensive experience and broad industry exposure to support the Group's continued growth. Announcement • Oct 29
MTAG Group Berhad, Annual General Meeting, Nov 28, 2025 MTAG Group Berhad, Annual General Meeting, Nov 28, 2025, at 10:00 Singapore Standard Time. Location: renaissance hotel, 2, jalan permas 11, bandar baru permas jaya, johor darul takzim, 81750 johor bahru Malaysia Reported Earnings • Aug 29
Full year 2025 earnings released: EPS: RM0.018 (vs RM0.03 in FY 2024) Full year 2025 results: EPS: RM0.018 (down from RM0.03 in FY 2024). Revenue: RM73.4m (down 31% from FY 2024). Net income: RM12.3m (down 39% from FY 2024). Profit margin: 17% (down from 19% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. New Risk • Jul 18
New minor risk - Dividend sustainability The dividend is not well covered by earnings. Payout ratio: 100% Dividend yield: 6.5% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. 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 13% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (100% payout ratio). Market cap is less than US$100m (RM207.3m market cap, or US$48.9m). Buy Or Sell Opportunity • Jul 07
Now 21% undervalued Over the last 90 days, the stock has risen 26% to RM0.34. The fair value is estimated to be RM0.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 30% over the last 3 years. Earnings per share has declined by 29%. Upcoming Dividend • Jul 02
Upcoming dividend of RM0.02 per share Eligible shareholders must have bought the stock before 09 July 2025. Payment date: 24 July 2025. The company last paid an ordinary dividend in November 2019. The average dividend yield among industry peers is 1.5%. Announcement • Jun 27
MTAG Group Berhad Announces Single Tier Interim Dividend for the Financial Year Ending 30 June 2025, Payable on 24 July 2025 MTAG Group Berhad announced Single Tier Interim Dividend of MYR 0.02 per share in respect of the financial year ending 30 June 2025. The above Company's securities will be traded and quoted "Ex - Dividend” as from: 09 July 2025. The last date of lodgment: 10 July 2025. Date Payable: 24 July 2025. Reported Earnings • Jun 02
Third quarter 2025 earnings released: EPS: RM0.007 (vs RM0.007 in 3Q 2024) Third quarter 2025 results: EPS: RM0.007 (in line with 3Q 2024). Revenue: RM19.6m (down 29% from 3Q 2024). Net income: RM4.76m (down 5.3% from 3Q 2024). Profit margin: 24% (up from 18% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 29% 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. Buy Or Sell Opportunity • Mar 04
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 19% to RM0.26. 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 declined by 25% over the last 3 years. Earnings per share has declined by 21%. New Risk • Mar 02
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: 15% Last year net profit margin: 22% 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 12% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (365% cash payout ratio). Profit margins are more than 30% lower than last year (15% net profit margin). Market cap is less than US$100m (RM193.9m market cap, or US$43.4m). Reported Earnings • Mar 02
Second quarter 2025 earnings released: EPS: RM0.005 (vs RM0.008 in 2Q 2024) Second quarter 2025 results: EPS: RM0.005 (down from RM0.008 in 2Q 2024). Revenue: RM18.1m (down 19% from 2Q 2024). Net income: RM3.15m (down 39% from 2Q 2024). Profit margin: 17% (down from 23% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 16% per year. Reported Earnings • Nov 30
First quarter 2025 earnings released: EPS: RM0.004 (vs RM0.011 in 1Q 2024) First quarter 2025 results: EPS: RM0.004 (down from RM0.011 in 1Q 2024). Revenue: RM20.5m (down 34% from 1Q 2024). Net income: RM2.69m (down 63% from 1Q 2024). Profit margin: 13% (down from 23% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 12% per year. Reported Earnings • Aug 31
Full year 2024 earnings released: EPS: RM0.03 (vs RM0.044 in FY 2023) Full year 2024 results: EPS: RM0.03 (down from RM0.044 in FY 2023). Revenue: RM106.2m (down 31% from FY 2023). Net income: RM20.3m (down 32% from FY 2023). Profit margin: 19% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 16% per year. Declared Dividend • May 27
Dividend of RM0.01 announced Shareholders will receive a dividend of RM0.01. Ex-date: 10th June 2024 Payment date: 25th June 2024 Dividend yield will be 3.9%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by earnings (87% earnings payout ratio) but not covered by cash flows (349% cash payout ratio). The dividend has increased by an average of 8.4% per year over the past 5 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 3.4% to shift the payout ratio to a potentially unsustainable range, which is less than the 68% EPS decline seen over the last 5 years. Reported Earnings • May 25
Third quarter 2024 earnings released: EPS: RM0.007 (vs RM0.007 in 3Q 2023) Third quarter 2024 results: EPS: RM0.007 (in line with 3Q 2023). Revenue: RM27.4m (up 11% from 3Q 2023). Net income: RM5.03m (up 11% from 3Q 2023). Profit margin: 18% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 11% per year. New Risk • Apr 12
New major risk - Revenue and earnings growth Earnings have declined by 4.4% 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 4.4% per year over the past 5 years. 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 (RM306.7m market cap, or US$64.3m). Reported Earnings • Mar 01
Second quarter 2024 earnings released: EPS: RM0.008 (vs RM0.01 in 2Q 2023) Second quarter 2024 results: EPS: RM0.008 (down from RM0.01 in 2Q 2023). Revenue: RM22.4m (down 53% from 2Q 2023). Net income: RM5.12m (down 24% from 2Q 2023). Profit margin: 23% (up from 14% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Commercial Services industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Upcoming Dividend • Dec 01
Upcoming dividend of RM0.01 per share at 6.4% yield Eligible shareholders must have bought the stock before 08 December 2023. Payment date: 21 December 2023. Payout ratio is on the higher end at 83%, however this is supported by cash flows. Trailing yield: 6.4%. Within top quartile of Malaysian dividend payers (5.1%). Higher than average of industry peers (2.1%). Reported Earnings • Nov 25
First quarter 2024 earnings released: EPS: RM0.011 (vs RM0.018 in 1Q 2023) First quarter 2024 results: EPS: RM0.011 (down from RM0.018 in 1Q 2023). Revenue: RM31.1m (down 45% from 1Q 2023). Net income: RM7.17m (down 43% from 1Q 2023). Profit margin: 23% (up from 22% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Commercial Services industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Announcement • Nov 25
MTAG Group Berhad Announces A Single Tier First Interim Dividend for Financial Year Ending 30 June 2024, Payable on 21 December 2023 The Board of Directors of MTAG Group Berhad announced that a Single Tier First Interim Dividend of 1 sen per share in respect of Financial Year Ending 30 June 2024 has been declared payable on 21 December 2023 to shareholders whose name appear in the Record of Depositors at the close of business on 11 December 2023. Announcement • Oct 26
MTAG Group Berhad, Annual General Meeting, Nov 24, 2023 MTAG Group Berhad, Annual General Meeting, Nov 24, 2023, at 10:00 China Standard Time. Agenda: To consider and receive the Audited Financial Statements of the Company and of the Group for the financial year ended 30 June 2023 and the Reports of the Directors and Auditors thereon; to consider and approve the Directors's fees; to consider and approve the payment of Directors's benefits payable to the Directors of the Company; to consider and re-elect the Directors; to consider and re-appoint Messrs. Grant Thornton Malaysia PLT as Auditors of the Company for the financial year ending 30 June 2024 and to authorise the Board of Directors to fix their remuneration; and to transact any other business of which due notice shall have been given in accordance with the Companies Act 2016 and the Constitution of the Company. New Risk • Aug 26
New major risk - Revenue and earnings growth Earnings have declined by 5.6% 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 5.6% per year over the past 5 years. 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 (RM289.7m market cap, or US$62.4m). Reported Earnings • Aug 25
Full year 2023 earnings released: EPS: RM0.044 (vs RM0.044 in FY 2022) Full year 2023 results: EPS: RM0.044 (in line with FY 2022). Revenue: RM153.9m (down 15% from FY 2022). Net income: RM30.1m (flat on FY 2022). Profit margin: 20% (up from 17% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Commercial Services industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Upcoming Dividend • Jun 02
Upcoming dividend of RM0.02 per share at 6.9% yield Eligible shareholders must have bought the stock before 09 June 2023. Payment date: 22 June 2023. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 6.9%. Within top quartile of Malaysian dividend payers (5.3%). Higher than average of industry peers (2.0%). Price Target Changed • Jun 01
Price target decreased by 16% to RM0.44 Down from RM0.53, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of RM0.42. Stock is down 17% over the past year. The company is forecast to post earnings per share of RM0.04 for next year compared to RM0.044 last year. Major Estimate Revision • Jun 01
Consensus revenue estimates fall by 16% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from RM205.7m to RM173.6m. EPS estimate fell from RM0.057 to RM0.04 per share. Net income forecast to grow 0.8% next year vs 28% growth forecast for Commercial Services industry in Malaysia. Consensus price target down from RM0.53 to RM0.51. Share price rose 3.7% to RM0.42 over the past week. Reported Earnings • May 27
Third quarter 2023 earnings released: EPS: RM0.007 (vs RM0.012 in 3Q 2022) Third quarter 2023 results: EPS: RM0.007 (down from RM0.012 in 3Q 2022). Revenue: RM24.8m (down 49% from 3Q 2022). Net income: RM4.54m (down 45% from 3Q 2022). Profit margin: 18% (up from 17% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Commercial Services industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings. Announcement • May 26
MTAG Group Berhad Announces Single Tier Second Interim Dividend for the Financial Year Ending 30 June 2023, Payable on 22 June 2023 The board of directors of MTAG Group Berhad announced that a single tier Second interim dividend of 2 sen per share in respect of financial year ending 30 June 2023. Ex-Date is 09 June 2023. Payment Date is 22 June 2023. Entitlement date is 12 June 2023. Reported Earnings • Feb 25
Second quarter 2023 earnings released: EPS: RM0.01 (vs RM0.012 in 2Q 2022) Second quarter 2023 results: EPS: RM0.01 (down from RM0.012 in 2Q 2022). Revenue: RM47.5m (up 11% from 2Q 2022). Net income: RM6.71m (down 20% from 2Q 2022). Profit margin: 14% (down from 20% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Commercial Services industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 2% per year and the company’s share price has also fallen by 2% per year. Upcoming Dividend • Nov 30
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 07 December 2022. Payment date: 20 December 2022. Payout ratio is a comfortable 55% but the company is paying out more than the cash it is generating. Trailing yield: 5.5%. Within top quartile of Malaysian dividend payers (5.1%). Higher than average of industry peers (2.1%). Reported Earnings • Nov 24
First quarter 2023 earnings released: EPS: RM0.018 (vs RM0.008 in 1Q 2022) First quarter 2023 results: EPS: RM0.018 (up from RM0.008 in 1Q 2022). Revenue: RM56.7m (up 49% from 1Q 2022). Net income: RM12.5m (up 119% from 1Q 2022). Profit margin: 22% (up from 15% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Commercial Services industry in Malaysia. Announcement • Nov 24
MTAG Group Berhad Announces Single Tier First Interim Dividend for the Financial Year Ending 30 June 2023, Payable on 20 December 2022 The board of directors of MTAG Group Berhad announced that a single tier first interim dividend of 1 sen per share in respect of financial year ending 30 June 2023 has been declared payable on 20 December 2022 to shareholders whose name appear in the record of depositors at the close of business on 8 December 2022. Price Target Changed • Nov 16
Price target increased to RM0.54 Up from RM0.46, the current price target is an average from 2 analysts. New target price is 15% above last closing price of RM0.47. Stock is down 26% over the past year. The company is forecast to post earnings per share of RM0.057 for next year compared to RM0.044 last year. Board Change • Nov 16
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. 5 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ting Kiat Lee was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 24
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: RM0.044 (down from RM0.049 in FY 2021). Revenue: RM180.2m (down 7.0% from FY 2021). Net income: RM30.1m (down 11% from FY 2021). Profit margin: 17% (in line with FY 2021). Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) also surpassed analyst estimates by 7.6%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Commercial Services industry in Malaysia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 212 percentage points per year, which is a significant difference in performance. Price Target Changed • Aug 26
Price target increased to RM0.54 Up from RM0.48, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of RM0.52. Stock is down 17% over the past year. The company is forecast to post earnings per share of RM0.057 for next year compared to RM0.044 last year. Upcoming Dividend • Jun 01
Upcoming dividend of RM0.02 per share Eligible shareholders must have bought the stock before 08 June 2022. Payment date: 21 June 2022. Payout ratio is a comfortable 69% but the company is paying out more than the cash it is generating. Trailing yield: 7.8%. Within top quartile of Malaysian dividend payers (4.6%). Higher than average of industry peers (2.3%). Reported Earnings • May 26
Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2022 results: EPS: RM0.012 (up from RM0.008 in 3Q 2021). Revenue: RM48.7m (up 12% from 3Q 2021). Net income: RM8.29m (up 56% from 3Q 2021). Profit margin: 17% (up from 12% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) exceeded analyst estimates by 4.9%. Over the next year, revenue is forecast to grow 33%, compared to a 17% growth forecast for the industry in Malaysia. Announcement • May 25
MTAG Group Berhad Announces Second Single Tier Interim Dividend for the Financial Year Ending June 30, 2022, Payable on June 21, 2022 The Board of Directors of MTAG Group Berhad announced that a Second Single Tier Interim Dividend of 2 sen per share in respect of Financial Year Ending 30 June 2022 has been declared payable on 21 June 2022 to shareholders whose name appear in the Record of Depositors at the close of business on 9 June 2022. Ex-Date is 08 June 2022. Entitlement date is 09 June 2022. Board Change • Apr 27
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. 5 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ting Kiat Lee was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Buying Opportunity • Feb 21
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 20%. The fair value is estimated to be RM0.64, 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 year. Earnings per share has declined by 21% over the last year. Buying Opportunity • Jan 19
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 27%. 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 been flat over the last year. Earnings per share has declined by 21% over the last year. Upcoming Dividend • Dec 01
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 08 December 2021. Payment date: 22 December 2021. Trailing yield: 5.8%. Within top quartile of Malaysian dividend payers (4.6%). Higher than average of industry peers (1.5%). Major Estimate Revision • Dec 01
Consensus revenue estimates fall to RM189.9m The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from RM227.5m to RM189.9m. EPS estimate fell from RM0.056 to RM0.045 per share. Net income forecast to grow 17% next year vs 21% growth forecast for Commercial Services industry in Malaysia. Consensus price target down from RM0.86 to RM0.75. Share price fell 17% to RM0.52 over the past week. Board Change • Nov 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. 5 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ting Kiat Lee was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 29
Full year 2021 earnings released: EPS RM0.049 (vs RM0.046 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: RM193.6m (up 17% from FY 2020). Net income: RM33.6m (up 11% from FY 2020). Profit margin: 17% (in line with FY 2020). Price Target Changed • Sep 28
Price target decreased to RM0.86 Down from RM0.99, the current price target is provided by 1 analyst. New target price is 33% above last closing price of RM0.65. Stock is down 5.1% over the past year. Reported Earnings • Aug 29
Full year 2021 earnings released: EPS RM0.049 (vs RM0.046 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: RM193.6m (up 17% from FY 2020). Net income: RM33.6m (up 11% from FY 2020). Profit margin: 17% (in line with FY 2020). Executive Departure • Aug 05
Company Secretary Ismawati Binti Othman has left the company On the 2nd of August, Ismawati Binti Othman's tenure as Company Secretary ended after 1.6 years in the role. We don't have any record of a personal shareholding under Ismawati's name. Ismawati is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.50 years. Upcoming Dividend • Jun 07
Upcoming dividend of RM0.02 per share Eligible shareholders must have bought the stock before 14 June 2021. Payment date: 25 June 2021. Trailing yield: 4.2%. Within top quartile of Malaysian dividend payers (4.0%). Higher than average of industry peers (1.7%). Major Estimate Revision • Jun 04
Consensus EPS estimates fall to RM0.047 The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from RM206.3m to RM196.7m. EPS estimate also fell from RM0.056 to RM0.047. Net income forecast to grow 27% next year vs 25% growth forecast for Commercial Services industry in Malaysia. Consensus price target down from RM0.99 to RM0.96. Share price was steady at RM0.71 over the past week. Reported Earnings • May 30
Third quarter 2021 earnings released: EPS RM0.008 (vs RM0.012 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: RM43.5m (up 4.5% from 3Q 2020). Net income: RM5.30m (down 35% from 3Q 2020). Profit margin: 12% (down from 20% in 3Q 2020). The decrease in margin was driven by higher expenses. Announcement • May 29
MTAG Group Berhad Announces Single Tier Second Interim Dividend for the Financial Year Ending June 30, 2021, Payable on June 25, 2021 The Board of Directors of MTAG announced that a Single Tier Second Interim Dividend of 2 sen per share in respect of Financial Year Ending 30 June 2021 has been declared payable on 25 June 2021 to shareholders whose name appear in the Record of Depositors at the close of business on 15 June 2021. Price Target Changed • May 23
Price target decreased to RM0.99 Down from RM1.09, the current price target is provided by 1 analyst. New target price is 38% above last closing price of RM0.72. Stock is up 31% over the past year. Reported Earnings • Feb 25
Second quarter 2021 earnings released: EPS RM0.015 (vs RM0.012 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: RM53.9m (up 30% from 2Q 2020). Net income: RM10.4m (up 28% from 2Q 2020). Profit margin: 19% (in line with 2Q 2020). Is New 90 Day High Low • Feb 05
New 90-day high: RM0.86 The company is up 17% from its price of RM0.73 on 06 November 2020. The Malaysian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Commercial Services industry, which is up 56% over the same period. Reported Earnings • Nov 25
First quarter 2021 earnings released: EPS RM0.016 The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: RM55.3m (up 2.5% from 1Q 2020). Net income: RM10.8m (up 17% from 1Q 2020). Profit margin: 20% (up from 17% in 1Q 2020). The increase in margin was primarily driven by higher revenue. Reported Earnings • Oct 26
Full year earnings released - EPS RM0.046 Over the last 12 months the company has reported total profits of RM30.2m, down 8.4% from the prior year. Total revenue was RM166.1m over the last 12 months, down 13% from the prior year. Profit margins were 18%, which is higher than the 17% margin from last year. The increase in margin was driven by lower expenses. Analyst Estimate Surprise Post Earnings • Oct 26
Annual earnings released: Earnings beat expectations, revenue disappoints Annual revenue missed analyst estimates by 3.6% at RM166.1m. Earnings per share (EPS) exceeded analyst estimates by 5.5% at RM0.044. Revenue is forecast to grow 15% over the next year, compared to a 20% growth forecast for the Commercial Services industry in Malaysia.