PIE (7095) 廣宇科技 - 书中自有黄金屋之PIE - 糊涂


这几天重新翻看冷眼书籍,刚好读到孙子股市兵法中见微知著这篇,在149页“辞卑而益备者,进也。”中有举个例子就是skpres在买地扩充厂能后,当营业额突破10亿之时,股价也从30分暴涨5倍达到RM1.50的水平。而文中也举例Pentamaster当时将投资2000万令吉扩大工厂面积1倍,股价是否会有作为? 3年后的今天若重新翻看再回答的话,答案就是很有作为,股价涨了700%,从50分涨到了RM3.50的水平。若你当初看了冷眼著作买入,持股至今,回酬率已是远远超过了靠听消息或许多面书师父的建议。可惜的是,会有多少人肯去认真学习,思考并运用冷眼所提倡的冷眼方程式呢?

学以致用或许并不容易,但我觉得若你肯付出努力读年报与做功课,就自然能够找出股市中出现的机会。举个例子,我上星期提及反向买入受惠于贸易战的公司中,PIE恰好也是正在进行着扩充,若你有留意the star早前的报导,它的生产线将会从14条增加到25条,同时capex支出也酱是上个财政年的三倍。(详情请看附录的新闻链接)

种种迹象告诉我们这家公司即将迎来爆发式的成长,那它的股价是否也一样的会有作为呢?

有趣的是PIE也是电子代工,产能与订单增加,它甚至酱受惠于贸易战,背后还有台湾母公司(广宇科技与鸿海)的技术支援,健全的资产表与稳定的股息。可是为何市场先生没看到它?散户只关注贸易战带来的危害,面书大师喊着止损,可为什么没人去看这些危机的买入机会呢?

我的投资生涯中不止一次看到类似的机会,也把握了不少次类似的机会,顺利的让资本成长。这样的投资法只需要一些简单的常识,再运用书中教导的知识即可。学以致用就是这样简单,不是吗?

新闻链接
https://www.thestar.com.my/business/business-news/2018/06/25/pie-embarks-on-biggest-expansion-plan/

PIE embarks on biggest expansion plan

CORPORATE NEWS
Monday, 25 Jun 2018

PIE managing director Alvin Mui showing some of the industrial electronics products manufactured by the group. - Filepic
PIE managing director Alvin Mui showing some of the industrial electronics products manufactured by the group. - Filepic

SEBERANG JAYA: PIE Industrial Bhd is embarking on its biggest expansion exercise ever.

The move is in response to growing interest in the group’s printed-circuit-board assembly (PCBA) products and box-built equipment.

Group managing director Alvin Mui told StarBiz PIE is now in negotiations for several new major contracts.



“We are also getting feedback that our orders will continue to grow this year,” he said.

Some of the new deals should be concluded in the second half of 2018.

“If the deals are finalised, we will produce in Penang data transmission equipment and electronic component for the automotive industries,” Mui said.

He added that the budget for the expansion had yet to be finalised.

“This will be the biggest expansion in the history of the group. We can expect the initial spending to be around RM30mil, which was the amount spent for the expansion four years ago.

“The current expansion exercise involves renovating an existing warehouse in Seberang Jaya into a production facility and increasing the number of surface mount technology production lines to 25 from 14.

“The renovation should be completed by early 2019,” he said.

https://tengkhan.blogspot.com/2018/09/pie.html