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My gut feeling tells me this stock will hit LU in 2025. Even though there’s no media coverage or mainstream news about this technology yet, you can easily find information by Googling. Companies like Nvidia, TSMC, ASE, Intel, Global Foundries, Broadcom, Jabil, Foxconn, MediaTek, UMC, and Vanguard are investing billions into co-packaged optics technology to replace copper wires, improve energy efficiency, and boost bandwidth. This is the first listed company in BM to bring such cutting-edge technology. Trust in them and give them sometimes .
Aimflex net assets is around 130+ million. At this price, 60+ million is the additional amount that you pay for the business (customers relationship, contracts, patents, future cash flow and etc).
Unfortunately I'm in since it was 0.17-0.18. At this moment, my paper loss is around 12% for this stock.
I admit that I was too excited at first because I made quite a lot of money from another Chuah. I was FOMO. However, I don't think there's any wrong with the fundamental of this company, just that my entry price is quite high.
Their optical alignment machine is used to attach the fiber optics precisely onto the photonic IC which can be used in photonic transceiver or even copackage optics. It can be active alignment or passive alignment, depending on the needs of the customer.
Jabil bought over intel photonic years ago. They do offers advanced optical packaging solutions for their customers.
@Derrick
Am I wrong here?
Their official website esontek shows that the machine is used for optical alignment (either passive or active). There are some videos showing that the photonic IC is actually attached on the PCB, which I believe is the optical transceiver that jabil manufactures.
Nvidia in an 8K filing to the SEC noted the new US ‘AI Diffusion’ rule, will apply to a wide range of Nvidia GPU products, and compliance will take effect May 15, 2025 if not modified from its current form:
“Unless one of the new license exceptions is available to specific transactions, the worldwide licensing requirements will apply to the following NVIDIA products, and any others we develop that meet the characteristics of 3A090.a or 4A090.a, including but not limited to: A100, A800, H100...
@cheng
You may check how much money is in their balance sheet. Unutilized funds are around 10 million, so it's a 80+ million net cash company if we don't consider the funds that are raised from IPO and PP. How many penny stocks in Malaysia have the cash level same as them?
Let us pull out some of the small cap names that are listed in the tech SECTOR (machine makers)
1. ECA
2. EDELTEQ
3. AEMULUS
4. VIS
5. MMSV
6. ELSOFT
7. QES
Constantly loss making isn't going to bankrupt a business, but having a 'cash' flow problem will.
You may compare also how many of the names that I mentioned here are actually loss making. Some of them are not trying as hard as they were, and some of them are actually a distributor rather than a manufacturer.
Thanks, sea bobo. I think its fairly priced now since its back to pp price and will keep this in trading list. The winner is still Luster Chuah as they are getting min 0.5% yield from Aimflex yearly while shareholders are getting 0.2% from the share buybacks ctd; based on market cap of 200M at 0.13/0.135 cents. The net cash per share of 0.07 cents helps to set the downside of market price. Luster Chuah not in the rush and the quotes are provided by Mr. Market. Will be focusing on Mr. Market quotes without trumpeting Mr. Market moves in coming days.
LU = Limit up? Aimflex? Not a good idea, Tok Tiong. Its Luster Chuah's counter. You have to leave when the music stops. Come back when the music starts. Now that it is back to pp price and downside is probably limited to 0.07 cents. Luster Chuahs are still the winner even at 0.13/lower as they are getting 1M remuneration :) Its better to set alert for announcement / support resistance by means of technical analysis instead of LU alert - announcement of acquisitions, pp, utilizations of funds for ppd / D&D and etc; signs of music starts.
@cheng
Imagine that you're the largest shareholder of aimflex, and your entry price is close to what the market is offering right now. How's your feeling after spending 2+ years to improve the fundamental of aimflex?
1. Broaden up client base
2. Bumping up cash reserve
3. Acquired companies to streamline your production
...
If your intention is just to collect salary from the company, why bother spending efforts to improve the fundamental of the company?
You should be parking all the money inside money market fund/fixed deposit to earn the interest rather than making bets that might cause your company to lose money.
tough question, sea bobo. I can't answer that bcos the assumption of Aimflex fundamentals has improved which I dont think so. However, I can share my opinions if the question is just being the largest shareholder and market price is the same as my holding price. My answers - Not a concern for me as I am still in control of the company and its still part of my empire.
Oh ya... I forgot that you never bother to read and study the company...
You're the one who said half of their cash in the bank is coming from IPO + PP.
The current executive chairman is not the founder of this company. He bought the stakes from awang and raised his holdings from pp.
Why bother to spend millions just to control this company? It's not a tough question, just that you're too lazy to find out.
1. Is it because he wants the salary?
**How many years of salary that he needs to collect just to breakeven?
2. Is it because he wants the cash of the company?
**Any hanky panky deals yet?
@cheng
No offense but I think the remuneration package for the chairman of your favourite companies should be more concerning.
His pocket money is coming from
1. Highest salary in BM
2. Non stop dividend payout
Lol, no offense? All is well. I thought you are getting personal and cannot accept other opinions. You are entitled to your opinions and I am entitled to mine. Dont have to be on the same page leh. I am not the chart maker ooh.
I heard there were 2 acquisitions in Jan 2023 done by Aimflex. Have you seen the share sale agreement details, sea bobo? I couldn't find the announcement in klsescreener. I am sure you have read it right? Can you share the link?
aikss.. Sea Bobo AFK ke? You have been buying so much leh. 0.135/0.140 didnt shout buy? Btw, do share the share sales agreement link to the two acquisitions made by Aimflex back in January 2023. I am sure you have read about it right? You were so gung-ho about reading the report / balance sheet and being lazy to check right? Your confidence, FA and FOMO are top notch.
Let me do a simple math here,
1. Q1 - - 1.1 million profit
2. Q2 - - 3.7 million profit
3. Q3 - - - 0.5 million (3.4 million profit excluding forex loss)
4. Q4 - - let's assume 3 million profit excluding potential forex gain
1.1+3.7-0.5+3 = 7.3 million
Don't forget that their unrealised forex loss was 3 million in Q3.
What should be the pe ratio given?
10? 20? 30? I don't know, let the market to decide.
They leased a factory at Perai for their operations in penang, which was used to cater by Malcan Technologies Sdn Bhd. It is located right beside owin industrial.
Only IBs can make buy call / sell call. Retailers should just share opinions and make your own decisions. So, its always good to have feedbacks that are against your own opinions as we maybe clouded by own biases. Feedbacks is a gift. Even IBs have their own biases.
@cheng
Yes, for the very first time... I agree with what you said. But this stock is not covered by any IB, you couldn't find any published research report from them.
@tok tiong
I am not comfortable to share my trades. No worries, I'm still holding firmly, not planning to sell at this moment.
yes. Got few group of ppl share about Aimflex as i know. Quite a few at 180-200 range. Short term no easy to go up. Unless Chuah do something. if no, just treat as long term camping. I have position here. But the amount insignificant to my portfolio. Just dont 揣测 Chuah should be ok.
Thanks for sharing bruh.
This is a penny stock with plenty of floating shares. Not easy to push unless all the short term traders or punters got washed out.
cerita baru start, adama. Tok tiong is right about "just dont 揣测 Chuah should be ok". They are the two Chuah from Luster and that calls for serious consideration of their track records in Luster :) Putting aside the biases on Luster Chuah - The 3 acquisitions made in 2023 did not contribute to higher revenue in 2023/2024 comparing to 2022 and though it is not significant from dollars perspective but raises question on mgmt investment decisions - 4M+ acquisitions cost, net assets of these 3 companies at 1.7M+ and resulted in goodwill of 3M+. Of the 3 companies, the first two seems to have the two Chuah as substantial shareholders and these two companies contributed to the higher goodwill allocation based on the Q1'23 report. The jump in the cash eq from FY21 to FY22 (20M+ to 70M+) is mainly due to the pp funds ; 31M from pp funds. And the last few years capex investment in ppe is equally bizarre (less than 3M yearly and Q3FY24 ctd at ~700k). Share buybacks ~0.2% against the market cap cum to date while the two Chuah are getting 0.5% yearly at the back of unutilized funds. The cash & cash eq is non operating asset and it provides safety though; 0.07 net cash per share and downside is limited to that in my personal opinion. Mr. Market has priced it back to pp price 0.13; fair but not cheap; nosh increased by close to 20% from 2022 to 2023 due to pp shares while eps dropped by 40% during the same fiscal year. The next music start will probably be utilization of the funds for ppd/D&D - capex on ppe and until the music stops again.
It is still too early to judge whether it is a fairy tale or ghost story. IMO the next music will starts only when they really show result. Otherwise it will just continue drifting around mean...