Frencken    Last:2.9    -0.1

Frencken Group Ltd

12 July maybank says tp 1.20

3rd July RHB: still bullish on semiconductor, still o/w, 
top picks: avi, frencken , fu yu, tp for frencken 0.9,  so frencken holders wait untill neck long long

30th June  dbs : 1.02

 

 

It will rotate.. to tech as valuation for the gloves all is stretched 100x PE..
While tech like frencken is just trading at PE of 9x

wehuattogether88      ( Date: 13-Jul-2020 11:41) Posted: Among the tech stock, only Frencken moving. The rest like Hi-P, UMS and AEM all not much actions and volume. The play is still on medical and glove stocks.

 

I think many fund mgr collecting.. once they collect enough .. and tech shares run.. frencken will run up fast

 

Buy!

 

Frencken Group Ltd - Upping in quality (FRKN SP, CP SGD0.92, BUY, TP SGD1.20, Technology) **INITIATION**

Frencken manufactures components and modules for market leaders leveraged to growth trends in 5G/ AI, health and wellness and population aging. Our FY21-22E PATMI are 14% higher vs. Bloomberg consensus, as we believe margin uplift potential from a breadth of new products with higher design content is underappreciated. Geographic and product diversity, as well as net cash-to-equity position of 23% should offer resilience amid Covid-19. Initiate BUY with ROE-g/COE-g TP of SGD1.20 (1.6x FY20E P/B).

 

Among the tech stock, only Frencken moving.
The rest like Hi-P, UMS and AEM all not much actions and volume.
The play is still on medical and glove stocks.

 

Now the price over take UMS, $0.955 VS $0.945

 

I see it has similar characteristic as AEM..
Good growth , in semicond , iot , mechatronics and medical sector..high profit...
Dividend is good, and net cash company..zero debt..
PE at ~ 9x
Still can run to 1.20 and beyond once tech stock rally

 

gd profit today after a long wait indeed

Sgminor      ( Date: 13-Jul-2020 09:09) Posted: waited damn long.... wonder the support is 0.95?? dc16888      ( Date: 13-Jul-2020 09:05) Posted: finally broke 0.935

 

Hello Master yuan, able to help us chart for this stock based on this am movement? :P

 

Good net cash company ... good dividend..
Good growth in 5g.
cld be nxt aem..
Still got a good 30% upside to the kim eng target price of 1.20
.
Dont miss

 

Frencken manufactures components and modules for market leaders leveraged to growth trends in 5G/ AI, health and wellness and population aging. Our FY21-22E PATMI are 14% higher vs. Bloomberg consensus, as we believe margin uplift potential from a breadth of new products with higher design content is underappreciated. Geographic and product diversity, as well as net cash-to-equity position of 23% should offer resilience amid Covid-19.

Initiate BUY with TP of SGD1.20 (1.6x FY20E P/B). 

 

kim and eng initiated coverage with target price =$1.20 !

 

waited damn long.... wonder the support is 0.95??

dc16888      ( Date: 13-Jul-2020 09:05) Posted: finally broke 0.935

 

finally broke 0.935 

 

still sleeping....

 

Nasdaq closed all time high, sg tech stock will follow.
watch Frencken for new high coming soon. (0.995 last record)
 

 

Tks bro...wasted😞 😞 😄

nott1965      ( Date: 06-Jul-2020 19:10) Posted: Yes spec008      ( Date: 06-Jul-2020 19:08) Posted: Can i ask just for knowledge sake... Supposing you bought Frencken on Friday which is last day of CD and you contra off today which is XD...will you get the dividend payout??

 

Yes

spec008      ( Date: 06-Jul-2020 19:08) Posted: Can i ask just for knowledge sake... Supposing you bought Frencken on Friday which is last day of CD and you contra off today which is XD...will you get the dividend payout??

 

Can i ask just for knowledge sake... Supposing you bought Frencken on Friday which is last day of CD and you contra off today which is XD...will you get the dividend payout??