Upcoming Dividend • May 21
Upcoming dividend of RM0.02 per share Eligible shareholders must have bought the stock before 28 May 2026. Payment date: 26 June 2026. Payout ratio is on the higher end at 77%, and the cash payout ratio is above 100%. Trailing yield: 9.1%. Within top quartile of Malaysian dividend payers (5.5%). Higher than average of industry peers (1.3%). Buy Or Sell Opportunity • May 12
Now 20% overvalued The stock has been flat over the last 90 days, currently trading at RM0.67. The fair value is estimated to be RM0.55, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.2% over the last 3 years. Earnings per share has declined by 27%. For the next 3 years, revenue is forecast to decline by 0.1% per annum. Earnings are forecast to grow by 14% per annum over the same time period. Reported Earnings • May 01
Full year 2026 earnings released: EPS: RM0.052 (vs RM0.099 in FY 2025) Full year 2026 results: EPS: RM0.052 (down from RM0.099 in FY 2025). Revenue: RM858.4m (down 9.4% from FY 2025). Net income: RM43.2m (down 48% from FY 2025). Profit margin: 5.0% (down from 8.7% in FY 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 4.0% growth forecast for the Metals and Mining industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Declared Dividend • Apr 30
Dividend of RM0.02 announced Dividend of RM0.02 is the same as last year. Ex-date: 28th May 2026 Payment date: 26th June 2026 Dividend yield will be 9.2%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (52% earnings payout ratio) but not covered by cash flows (139% cash payout ratio). The dividend has increased by an average of 8.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Mar 02
Now 20% undervalued Over the last 90 days, the stock has risen 8.1% to RM0.67. The fair value is estimated to be RM0.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.8% over the last 3 years. Earnings per share has declined by 22%. Revenue is forecast to grow by 1.7% in 2 years. Earnings are forecast to grow by 37% in the next 2 years. Buy Or Sell Opportunity • Feb 05
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at RM0.66. The fair value is estimated to be RM0.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.8% over the last 3 years. Earnings per share has declined by 22%. Revenue is forecast to grow by 1.7% in 2 years. Earnings are forecast to grow by 37% in the next 2 years. Reported Earnings • Jan 29
Third quarter 2026 earnings released: EPS: RM0.02 (vs RM0.025 in 3Q 2025) Third quarter 2026 results: EPS: RM0.02 (down from RM0.025 in 3Q 2025). Revenue: RM222.0m (down 10.0% from 3Q 2025). Net income: RM16.5m (down 22% from 3Q 2025). Profit margin: 7.4% (down from 8.6% in 3Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Metals and Mining industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Nov 20
Upcoming dividend of RM0.02 per share Eligible shareholders must have bought the stock before 27 November 2025. Payment date: 26 December 2025. Payout ratio is a comfortable 68% and the cash payout ratio is 97%. Trailing yield: 12%. Within top quartile of Malaysian dividend payers (5.5%). Higher than average of industry peers (1.6%). Declared Dividend • Oct 23
Dividend of RM0.02 announced Shareholders will receive a dividend of RM0.02. Ex-date: 27th November 2025 Payment date: 26th December 2025 Dividend yield will be 11%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (68% earnings payout ratio) but not adequately covered by cash flows (97% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 45% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 22
Second quarter 2026 earnings released Second quarter 2026 results: Revenue: RM227.4m (down 9.8% from 2Q 2025). Net income: RM14.6m (down 30% from 2Q 2025). Profit margin: 6.4% (down from 8.2% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Metals and Mining industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Declared Dividend • Aug 23
Dividend of RM0.02 announced Shareholders will receive a dividend of RM0.02. Ex-date: 8th September 2025 Payment date: 8th October 2025 Dividend yield will be 12%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (75% cash payout ratio). The dividend has increased by an average of 9.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 56% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • Jul 31
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: 7.4% Last year net profit margin: 11% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (7.4% net profit margin). Reported Earnings • Jul 06
Full year 2025 earnings released: EPS: RM0.099 (vs RM0.13 in FY 2024) Full year 2025 results: EPS: RM0.099 (down from RM0.13 in FY 2024). Revenue: RM947.4m (flat on FY 2024). Net income: RM82.5m (down 22% from FY 2024). Profit margin: 8.7% (down from 11% in FY 2024). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Metals and Mining industry in Malaysia. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Jun 27
Pantech Group Holdings Berhad, Annual General Meeting, Jul 30, 2025 Pantech Group Holdings Berhad, Annual General Meeting, Jul 30, 2025, at 11:00 Singapore Standard Time. Location: junior ballroom, level 11, doubletree by hilton johor bahru, 01-02 menara landmark, no. 12, jalan ngee heng, ibrahim international business district, bandar johor bahru, 80888 johor bahru, johor Malaysia Upcoming Dividend • May 22
Upcoming dividend of RM0.02 per share Eligible shareholders must have bought the stock before 29 May 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 8.5%. Within top quartile of Malaysian dividend payers (5.5%). Higher than average of industry peers (1.7%). Reported Earnings • Apr 30
Full year 2025 earnings released: EPS: RM0.099 (vs RM0.13 in FY 2024) Full year 2025 results: EPS: RM0.099 (down from RM0.13 in FY 2024). Revenue: RM947.5m (flat on FY 2024). Net income: RM82.5m (down 22% from FY 2024). Profit margin: 8.7% (down from 11% in FY 2024). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Metals and Mining industry in Malaysia. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 1% per year. Announcement • Mar 30
Pantech Group Holdings Berhad Appoints Wong Youn Kim as Joint Secretary, Effective April 1, 2025 Pantech Group Holdings Berhad announced the appointment of WONG YOUN KIM as Joint Secretary. Date of change April 1, 2025. Upcoming Dividend • Feb 20
Upcoming dividend of RM0.015 per share Eligible shareholders must have bought the stock before 27 February 2025. Payment date: 28 March 2025. Payout ratio is a comfortable 51% 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 (1.7%). Announcement • Jan 27
Pantech Group Holdings Berhad Declares Third Interim Single Tier Dividend for the Financial Year Ending 28 February 2025, Payable on 28 March 2025 Pantech Group Holdings Berhad declared a third interim single tier dividend of 1.50 sen per ordinary share in respect of the financial year ending 28 February 2025 (Preceding year corresponding quarter: 1.50 sen). The third interim dividend will be paid on 28 March 2025 to shareholders whose name appear on the Company's Record of Depositors on 28 February 2025. Declared Dividend • Jan 27
Dividend of RM0.015 announced Dividend of RM0.015 is the same as last year. Ex-date: 27th February 2025 Payment date: 28th March 2025 Dividend yield will be 6.6%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has increased by an average of 6.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jan 25
Third quarter 2025 earnings released: EPS: RM0.025 (vs RM0.026 in 3Q 2024) Third quarter 2025 results: EPS: RM0.025. Revenue: RM246.6m (up 11% from 3Q 2024). Net income: RM21.2m (flat on 3Q 2024). Profit margin: 8.6% (down from 9.6% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Metals and Mining industry in Malaysia. Upcoming Dividend • Nov 21
Upcoming dividend of RM0.015 per share Eligible shareholders must have bought the stock before 28 November 2024. Payment date: 20 December 2024. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 6.3%. Within top quartile of Malaysian dividend payers (4.8%). Higher than average of industry peers (1.9%). Reported Earnings • Oct 24
Second quarter 2025 earnings released: EPS: RM0.025 (vs RM0.034 in 2Q 2024) Second quarter 2025 results: EPS: RM0.025 (down from RM0.034 in 2Q 2024). Revenue: RM252.1m (flat on 2Q 2024). Net income: RM20.7m (down 27% from 2Q 2024). Profit margin: 8.2% (down from 11% in 2Q 2024). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Metals and Mining industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 17% per year. Announcement • Oct 23
Pantech Group Holdings Berhad Announces Second Interim Single Tier Dividend in Respect of the Financial Year Ending 28 February 2025, Payable on 20 December 2024 Pantech Group Holdings Berhad announced that second Interim Single Tier Dividend of 1.50 sen per ordinary share in respect of the financial year ending 28 February 2025. Ex-Date: 28 November 2024. Payment Date: 20 December 2024. Entitlement date: 29 November 2024. Upcoming Dividend • Sep 20
Upcoming dividend of RM0.015 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 18 October 2024. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 5.9%. Within top quartile of Malaysian dividend payers (4.7%). Higher than average of industry peers (1.8%). Declared Dividend • Aug 30
Dividend of RM0.015 announced Shareholders will receive a dividend of RM0.015. Ex-date: 27th September 2024 Payment date: 18th October 2024 Dividend yield will be 5.9%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 4.8% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 31
First quarter 2025 earnings released: EPS: RM0.031 (vs RM0.033 in 1Q 2024) First quarter 2025 results: EPS: RM0.031 (down from RM0.033 in 1Q 2024). Revenue: RM255.7m (up 4.5% from 1Q 2024). Net income: RM26.3m (down 2.6% from 1Q 2024). Profit margin: 10% (in line with 1Q 2024). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Metals and Mining industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jun 30
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: RM0.13 (down from RM0.14 in FY 2023). Revenue: RM946.6m (down 8.8% from FY 2023). Net income: RM105.5m (down 8.7% from FY 2023). Profit margin: 11% (in line with FY 2023). Revenue missed analyst estimates by 8.2%. Earnings per share (EPS) exceeded analyst estimates by 6.3%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Metals and Mining industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 28% per year. Declared Dividend • Jun 29
Fourth quarter dividend of RM0.015 announced Dividend of RM0.015 is the same as last year. Ex-date: 29th August 2024 Payment date: 13th September 2024 Dividend yield will be 5.7%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 3.8% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 28
Pantech Group Holdings Berhad, Annual General Meeting, Jul 30, 2024 Pantech Group Holdings Berhad, Annual General Meeting, Jul 30, 2024, at 11:00 Singapore Standard Time. Location: meeting room 2 and 3, level 2, renaissance johor bahru hotel, 2, jalan permas 11, bandar baru permas jaya, 81750 johor bahru, johor darul takzim, Malaysia Announcement • Jun 27
Pantech Group Holdings Berhad Announces Final Single Tier Dividend for the Financial Year Ending February 29, 2024, Payable on September 13, 2024 Pantech Group Holdings Berhad Announces Final Single Tier Dividend of 1.50 sen per ordinary share for the Financial Year Ending 29 February 2024. Ex-Date 29 August 2024; Payment Date 13 September 2024. Reported Earnings • Apr 26
Full year 2024 earnings released: EPS: RM0.13 (vs RM0.14 in FY 2023) Full year 2024 results: EPS: RM0.13 (down from RM0.14 in FY 2023). Revenue: RM946.3m (down 8.8% from FY 2023). Net income: RM105.3m (down 8.9% from FY 2023). Profit margin: 11% (in line with FY 2023). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Metals and Mining industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 26% per year. Announcement • Apr 26
Pantech Group Holdings Berhad Proposes Payment of Final Single Tier Dividend for the Financial Year Ended 29 February 2024 The Board of Directors of Pantech Group Holdings Berhad has proposed the payment of a Final Single Tier Dividend of 1.50 sen per ordinary share for the financial year ended 29 February 2024, subject to shareholders' approval at the forthcoming Annual General Meeting of the Company. Upcoming Dividend • Feb 21
Upcoming dividend of RM0.015 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 26 March 2024. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 6.1%. Within top quartile of Malaysian dividend payers (4.9%). Higher than average of industry peers (1.8%). Declared Dividend • Jan 20
Dividend of RM0.015 announced Shareholders will receive a dividend of RM0.015. Ex-date: 28th February 2024 Payment date: 26th March 2024 Dividend yield will be 6.8%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (50% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has increased by an average of 4.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 3.5% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jan 19
Third quarter 2024 earnings released: EPS: RM0.026 (vs RM0.042 in 3Q 2023) Third quarter 2024 results: EPS: RM0.026 (down from RM0.042 in 3Q 2023). Revenue: RM221.4m (down 26% from 3Q 2023). Net income: RM21.2m (down 39% from 3Q 2023). Profit margin: 9.6% (down from 12% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Metals and Mining 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 28% per year, which means it is significantly lagging earnings growth. Announcement • Jan 18
Pantech Group Holdings Berhad Declares Third Interim Single Tier Dividend for the Financial Year Ending 29 February 2024, Payable on 26 March 2024 Pantech Group Holdings Berhad declared third interim single tier dividend of 1.50 sen per ordinary share in respect of the financial year ending 29 February 2024. Ex-Date is 28 February 2024, Entitlement date is 29 February 2024 and Payment Date is 26 March 2024. Upcoming Dividend • Dec 21
Upcoming dividend of RM0.015 per share at 6.6% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 12 January 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 6.6%. Within top quartile of Malaysian dividend payers (5.0%). Higher than average of industry peers (1.7%). Announcement • Oct 20
Pantech Group Holdings Berhad Announces Second Interim Single Tier Dividend for the Financial Year Ending 29 February 2024, Payable on 12 January 2024 Pantech Group Holdings Berhad announced Second Interim Single Tier Dividend of MYR 1.50 per ordinary share in respect of the financial year ending 29 February 2024. Ex-Date is 28 December 2023 and Payment Date is 12 January 2024. Reported Earnings • Oct 20
Second quarter 2024 earnings released: EPS: RM0.034 (vs RM0.038 in 2Q 2023) Second quarter 2024 results: EPS: RM0.034 (down from RM0.038 in 2Q 2023). Revenue: RM250.4m (down 7.3% from 2Q 2023). Net income: RM28.4m (down 8.3% from 2Q 2023). Profit margin: 11% (in line with 2Q 2023). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Metals and Mining industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. New Risk • Oct 12
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 3.5% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 are forecast to decline by an average of 3.5% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (237% cash payout ratio). Upcoming Dividend • Sep 20
Upcoming dividend of RM0.015 per share at 6.7% yield Eligible shareholders must have bought the stock before 27 September 2023. Payment date: 20 October 2023. Payout ratio is a comfortable 42% but the company is paying out more than the cash it is generating. Trailing yield: 6.7%. Within top quartile of Malaysian dividend payers (5.1%). Higher than average of industry peers (1.7%). Upcoming Dividend • Aug 22
Upcoming dividend of RM0.015 per share at 7.4% yield Eligible shareholders must have bought the stock before 29 August 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 42% but the company is paying out more than the cash it is generating. Trailing yield: 7.4%. Within top quartile of Malaysian dividend payers (5.2%). Higher than average of industry peers (1.7%). Announcement • Jul 27
Pantech Group Holdings Berhad Announces First Interim Single Tier Dividend in Respect of the Financial Year Ending 29 February 2024, Payable on October 20, 2023 Pantech Group Holdings Berhad announced first interim single tier dividend of 1.50 sen per ordinary share in respect of the financial year ending 29 February 2024. The dividend payable on October 20, 2023 with Ex-Date of 27 September 2023 and Entitlement date of September 29, 2023. New Risk • Jul 27
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 5.0% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 are forecast to decline by an average of 5.0% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (236% cash payout ratio). Reported Earnings • Jun 30
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: RM0.14 (up from RM0.092 in FY 2022). Revenue: RM1.04b (up 38% from FY 2022). Net income: RM115.6m (up 61% from FY 2022). Profit margin: 11% (up from 9.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.1%. Earnings per share (EPS) also surpassed analyst estimates by 4.9%. Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Metals and Mining industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Price Target Changed • May 03
Price target increased by 11% to RM1.12 Up from RM1.01, the current price target is an average from 2 analysts. New target price is 44% above last closing price of RM0.78. Stock is up 4.0% over the past year. The company is forecast to post earnings per share of RM0.14 for next year compared to RM0.14 last year. Reported Earnings • Apr 29
Full year 2023 earnings released: EPS: RM0.14 (vs RM0.092 in FY 2022) Full year 2023 results: EPS: RM0.14 (up from RM0.092 in FY 2022). Revenue: RM1.04b (up 38% from FY 2022). Net income: RM114.8m (up 60% from FY 2022). Profit margin: 11% (up from 9.5% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 20
Upcoming dividend of RM0.015 per share at 7.4% yield Eligible shareholders must have bought the stock before 27 February 2023. Payment date: 24 March 2023. Payout ratio is a comfortable 44% but the company is paying out more than the cash it is generating. Trailing yield: 7.4%. Within top quartile of Malaysian dividend payers (5.0%). Higher than average of industry peers (1.5%). Major Estimate Revision • Jan 19
Consensus EPS estimates increase by 16% The consensus outlook for earnings per share (EPS) in 2023 has improved. 2023 revenue forecast increased from RM991.1m to RM1.02b. EPS estimate increased from RM0.11 to RM0.13 per share. Net income forecast to shrink 19% next year vs 23% growth forecast for Metals and Mining industry in Malaysia . Consensus price target up from RM0.95 to RM1.01. Share price rose 5.1% to RM0.82 over the past week. Reported Earnings • Jan 14
Third quarter 2023 earnings released: EPS: RM0.042 (vs RM0.027 in 3Q 2022) Third quarter 2023 results: EPS: RM0.042 (up from RM0.027 in 3Q 2022). Revenue: RM299.9m (up 43% from 3Q 2022). Net income: RM34.7m (up 70% from 3Q 2022). Profit margin: 12% (up from 9.7% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is expected to decline by 6.5% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Malaysia are expected to grow by 7.7%. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Jan 13
Pantech Group Holdings Berhad Announces Third Interim Single Tier Dividend in Respect of the Financial Year Ending 28 February 2023, Payable on 24 March 2023 Pantech Group Holdings Berhad announced the third Interim Single Tier Dividend of 1.50 sen per ordinary share in respect of the financial year ending 28 February 2023. The payment date is 24 March 2023 with Entitlement date of 28 February 2023 and Ex-Date is 27 February 2023. Upcoming Dividend • Dec 22
Upcoming dividend of RM0.015 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 13 January 2023. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 8.3%. Within top quartile of Malaysian dividend payers (5.0%). Higher than average of industry peers (1.8%). Board Change • Nov 16
Less than half of directors are independent 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. 4 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Non Executive Director Tian Leong Yap was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Major Estimate Revision • Oct 25
Consensus revenue estimates increase by 25% The consensus outlook for revenues in 2023 has improved. 2023 revenue forecast increased from RM792.2m to RM991.1m. EPS estimate increased from RM0.09 to RM0.11 per share. Net income forecast to shrink 12% next year vs 12% decline forecast for Metals and Mining industry in Malaysia. Consensus price target up from RM0.89 to RM0.95. Share price rose 7.9% to RM0.68 over the past week. Reported Earnings • Oct 19
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: RM270.0m (up 98% from 2Q 2022). Net income: RM31.0m (up 102% from 2Q 2022). Profit margin: 12% (in line with 2Q 2022). Revenue is expected to decline by 5.8% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Malaysia are expected to grow by 3.0%. Announcement • Oct 19
Pantech Group Holdings Berhad Announces Second Interim Single Tier Dividend for the Financial Year Ending February 28, 2023, Payable on January 13, 2023 The Board of Directors of Pantech Group Holdings Berhad has approved and declared a second interim single tier dividend of 1.50 sen per ordinary share in respect of the financial year ending February 28, 2023 (Preceding year corresponding quarter: 1.00 sen). The second interim dividend will be paid on January 13, 2023 to shareholders whose name appear on the Company's Record of Depositors on December 30, 2022. Upcoming Dividend • Sep 22
Upcoming dividend of RM0.015 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 21 October 2022. Payout ratio is a comfortable 48% but the company is paying out more than the cash it is generating. Trailing yield: 8.8%. Within top quartile of Malaysian dividend payers (5.1%). Higher than average of industry peers (2.0%). Upcoming Dividend • Aug 22
Upcoming dividend of RM0.015 per share Eligible shareholders must have bought the stock before 29 August 2022. Payment date: 09 September 2022. Payout ratio is a comfortable 48% but the company is paying out more than the cash it is generating. Trailing yield: 9.0%. Within top quartile of Malaysian dividend payers (4.8%). Higher than average of industry peers (1.7%). Announcement • Jul 29
Pantech Group Holdings Berhad Announces First Interim Single Tier Dividend for the Financial Year Ending 28 February 2023, Payable on 21 October 2022 Pantech Group Holdings Berhad announced that First Interim Single Tier Dividend of 1.50 sen per ordinary share in respect of the financial year ending 28 February 2023. The dividend will paid on 21 October 2022 with ex-date is 29 September 2022 and entitlement date is 30 September 2022. Reported Earnings • Jul 02
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: RM0.092 (up from RM0.036 in FY 2021). Revenue: RM751.5m (up 55% from FY 2021). Net income: RM71.8m (up 171% from FY 2021). Profit margin: 9.5% (up from 5.4% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Over the next year, revenue is forecast to grow 5.4%, compared to a 16% growth forecast for the mining 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 only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Jul 01
Pantech Group Holdings Berhad, Annual General Meeting, Jul 28, 2022 Pantech Group Holdings Berhad, Annual General Meeting, Jul 28, 2022, at 11:00 Singapore Standard Time. Location: Meeting Room 2 and 3, Level 2, Renaissance Johor Bahru Hotel, 2, Jalan Permas 11 Bandar Baru Permas Jaya, 81750 Johor Bahru Johor Darul Takzim Johor Malaysia Agenda: To consider and approve the payment of directors' fees and benefits up to the amount of RMB 280,000 for the financial year ending February 28, 2023; to approve the payment of the final single tier dividend of 1.50 sen per ordinary share for the financial year ended February 28, 2022; to re-elect Dato' Chew Ting Leng who retires pursuant to Article 26.1; to re-elect Mr. To Tai Wai who retires pursuant to Article 26.1; to re-elect Puan Sakinah binti Salleh who retires pursuant to Article 26.1; to re-appoint Grant Thornton Malaysia PLT as auditors of the company and to authorise the directors to fix their remuneration; and to consider other matters. Announcement • Jun 30
Pantech Group Holdings Berhad Proposes Final Single Tier Dividend for the Financial Year Ended 28 Feb. 2022 Pantech Group Holdings Berhad proposed Final Single Tier Dividend of 1.50 sen per ordinary share for the financial year ended 28 Feb. 2022. Ex-Date is 29 Aug. 2022, Entitlement date is 30 Aug. 2022 and Payment Date is 09 September 2022. Reported Earnings • Apr 28
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: RM0.093 (up from RM0.036 in FY 2021). Revenue: RM753.2m (up 55% from FY 2021). Net income: RM72.1m (up 173% from FY 2021). Profit margin: 9.6% (up from 5.4% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 8.4%, compared to a 34% growth forecast for the mining industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 10% per year. Board Change • Apr 27
Less than half of directors are independent 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. 4 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Non Executive Director Tian Leong Yap was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 26
Pantech Group Holdings Berhad (KLSE:PANTECH) acquired Unity Precision Engineering Sdn. Bhd. from Goh Eng Lee and Goh Kian Chong. Pantech Group Holdings Berhad (KLSE:PANTECH) agreed to acquire Unity Precision Engineering Sdn. Bhd. from Goh Eng Lee and Goh Kian Chong for MYR 13 million on January 3, 2022. The Purchase Consideration of RM13 million was arrived at by the parties after negotiation and taking into consideration of the amount due and owing by UPESB to the Vendors, financiers, trade creditors and other related and unrelated parties amounting to RM13.23 million (“Outstanding Debts”).The Purchase Consideration shall be satisfied in the following manner cash consideration of RM0.005 million being the agreed value of the Sale Shares and repayment of UPESB’s Outstanding Debts of up to RM12.95 million. Goh Eng Lee is the sole Director of UPESB and are the shareholders of UPESB with No. of ordinary shares held by Goh Eng Lee 360,000 (90%) Goh Kian Chong 40,000 (10%). The Acquisition does not require any approval from the shareholders of Pantech. Barring any unforeseen circumstances, the Acquisition is expected to be completed by the first quarter of 2022.
Pantech Group Holdings Berhad (KLSE:PANTECH) completed the acquisition of Unity Precision Engineering Sdn. Bhd. from Goh Eng Lee and Goh Kian Chong on April 25, 2022. Price Target Changed • Mar 11
Price target increased to RM0.81 Up from RM0.74, the current price target is an average from 2 analysts. New target price is 25% above last closing price of RM0.65. Stock is up 35% over the past year. The company is forecast to post earnings per share of RM0.081 for next year compared to RM0.035 last year. Upcoming Dividend • Feb 18
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 25 February 2022. Payment date: 25 March 2022. Payout ratio is a comfortable 36% and the cash payout ratio is 92%. Trailing yield: 6.0%. Within top quartile of Malaysian dividend payers (4.3%). Higher than average of industry peers (0.6%). Reported Earnings • Jan 21
Third quarter 2022 earnings: EPS and revenues exceed analyst expectations Third quarter 2022 results: EPS: RM0.027 (up from RM0.012 in 3Q 2021). Revenue: RM209.3m (up 57% from 3Q 2021). Net income: RM20.4m (up 133% from 3Q 2021). Profit margin: 9.7% (up from 6.6% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 54%. Over the next year, revenue is forecast to grow 6.1%, compared to a 37% growth forecast for the 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 increased by 9% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 04
Pantech Group Holdings Berhad (KLSE:PANTECH) agreed to acquire Unity Precision Engineering Sdn. Bhd. from Goh Eng Lee and Goh Kian Chong for MYR 13 million. Pantech Group Holdings Berhad (KLSE:PANTECH) agreed to acquire Unity Precision Engineering Sdn. Bhd. from Goh Eng Lee and Goh Kian Chong for MYR 13 million on January 3, 2022. The Purchase Consideration of RM13 million was arrived at by the parties after negotiation and taking into consideration of the amount due and owing by UPESB to the Vendors, financiers, trade creditors and other related and unrelated parties amounting to RM13.23 million (“Outstanding Debts”).The Purchase Consideration shall be satisfied in the following manner cash consideration of RM0.005 million being the agreed value of the Sale Shares and repayment of UPESB’s Outstanding Debts of up to RM12.95 million. Goh Eng Lee is the sole Director of UPESB and are the shareholders of UPESB with No. of ordinary shares held by Goh Eng Lee 360,000 (90%) Goh Kian Chong 40,000 (10%). The Acquisition does not require any approval from the shareholders of Pantech. Barring any unforeseen circumstances, the Acquisition is expected to be completed by the first quarter of 2022. Upcoming Dividend • Nov 22
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 29 November 2021. Payment date: 23 December 2021. Trailing yield: 7.1%. Within top quartile of Malaysian dividend payers (4.2%). Higher than average of industry peers (0.7%). Reported Earnings • Oct 22
Second quarter 2022 earnings released The company reported a solid second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2022 results: Revenue: RM136.5m (flat on 2Q 2021). Net income: RM15.3m (up 43% from 2Q 2021). Profit margin: 11% (up from 7.9% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Upcoming Dividend • Aug 20
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 27 August 2021. Payment date: 10 September 2021. Trailing yield: 3.6%. Lower than top quartile of Malaysian dividend payers (4.2%). Higher than average of industry peers (0.7%). Major Estimate Revision • Jul 29
Consensus revenue estimates increase to RM643.1m The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from RM539.9m to RM643.1m. EPS estimate increased from RM0.041 to RM0.056 per share. Net income forecast to shrink 6.7% next year vs 41% growth forecast for Metals and Mining industry in Malaysia . Consensus price target up from RM0.47 to RM0.55. Share price was steady at RM0.51 over the past week.