#钱多多又间接获益于AI的FRONTKN
#油气科技双引擎
#手握现金坐等良机收购
There are no companies directly benefiting from AI in Malaysia, but there are a few that benefit indirectly. One of them is FRONTKN because its main customers are Taiwan's Huguo Kamiyama TSMC. One of TSMC's customers is AI, NVIDIA, so FRONTKN's service for TSMC also serves NVIDIA indirectly. This statement is a bit ridiculous, but the stock price is the best proof. FRONTKN rose 26% this year (although FY23's profit fell 9.2%), and TSMC, a major customer, rose 41.5%.
In addition to the recovery of the technology business in 2024, the oil and gas business also accounts for 20% of the business. Therefore, our main customer, PETRONAS, continues to increase CAPEX this year, and FRONTKN will have another busy year.
Technology + Energy Oil & Gas = Growing 2024
In 2021 and 2022, FRONTKN bought land and built a new plant in Kaohsiung, Taiwan to meet the needs of major customers. Although 2023 is a downward cycle, previous expansions can finally contribute to 2024.
As CAPEX in 2022 came to an end, CAPEX in 2023 only spent RM15.1 mil and paid RM40.845 mil in dividends, which did not cost much money. As a result, after surviving in 2023, Net Cash broke through a record high of the RM419 mil mark.
The company's weekly interest rate is low because technology companies focus more on growth, and the company's profit is expected to grow strongly in double digits this year. Moreover, FRONTKN revealed in an interview a few years ago that they are not ruling out buying new companies to expand their commercial footprint. The company's cash is RM420 million. Assuming the right seller can be found, it is not ruled out that the company can challenge the RM200 mil PAT mark after 5-6 years.
If you want to know more about the highlights and highlights of the financial report, #财报36计 can help you. Click on the message area for details.
#手握现金坐等良机收购
There are no companies directly benefiting from AI in Malaysia, but there are a few that benefit indirectly. One of them is FRONTKN because its main customers are Taiwan's Huguo Kamiyama TSMC. One of TSMC's customers is AI, NVIDIA, so FRONTKN's service for TSMC also serves NVIDIA indirectly. This statement is a bit ridiculous, but the stock price is the best proof. FRONTKN rose 26% this year (although FY23's profit fell 9.2%), and TSMC, a major customer, rose 41.5%.
In addition to the recovery of the technology business in 2024, the oil and gas business also accounts for 20% of the business. Therefore, our main customer, PETRONAS, continues to increase CAPEX this year, and FRONTKN will have another busy year.
Technology + Energy Oil & Gas = Growing 2024
In 2021 and 2022, FRONTKN bought land and built a new plant in Kaohsiung, Taiwan to meet the needs of major customers. Although 2023 is a downward cycle, previous expansions can finally contribute to 2024.
As CAPEX in 2022 came to an end, CAPEX in 2023 only spent RM15.1 mil and paid RM40.845 mil in dividends, which did not cost much money. As a result, after surviving in 2023, Net Cash broke through a record high of the RM419 mil mark.
The company's weekly interest rate is low because technology companies focus more on growth, and the company's profit is expected to grow strongly in double digits this year. Moreover, FRONTKN revealed in an interview a few years ago that they are not ruling out buying new companies to expand their commercial footprint. The company's cash is RM420 million. Assuming the right seller can be found, it is not ruled out that the company can challenge the RM200 mil PAT mark after 5-6 years.
If you want to know more about the highlights and highlights of the financial report, #财报36计 can help you. Click on the message area for details.
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