LETS JOIN KIM'S STOCKWATCH GROUP?
UCHI TECHNOLOGIES BERHAD (UCHITEC)
Current Price : RM2.93
Target Price :
TP1 = RM3.20
TP2 = RM3.50
Call Warrant : UCHITEC-CI (0.11 sen)
WHAT KIM SAY?
"UCHITEC
is debt free and has not had any debt for past 5 years. Therefore it
does not need to be covered by operating cash flow."
"Do you believe it? - Kim
WHY I PICKED THEM AS MY NEW GEMS?
I like is because of:-
1. Return On Capital Employed (ROCE) Trending
- UCHITEC has not disappointed in
regards to ROCE growth. Found that the returns on capital employed over
the last five years have risen by 68%. That's not bad because this tells
for every dollar invested (capital employed), the company is increasing
the amount earned from that dollar. In regards to capital employed,
UCHITEC appears to been achieving more with less, since the business is
using 24% less capital to run its operation. If this trend continues,
the business might be getting more efficient.
2. Uchi Technologies Berhad's Earnings Growth And 40% ROE
- UCHITEC has
a significantly high ROE. It also has some positive aspects to its
business. Especially the growth in earnings which was backed by an
impressive ROE. Still, the high ROE could have been even more beneficial
to investors had the company been reinvesting more of its profits.
3. Zero Debt & Cash Rich
- UCHITEC is debt free and has not had any debt for past 5 years. Therefore it does not need to be covered by operating cash flow.
WHO ARE THEY?
Board of Directors
Chairman
- Charlie Ong Chye Lee
Managing Director
- Chin Yau Meng
Executive Director ( Both Taiwanese)
- Kao, De-Tsan also known as Ted Kao
- Huang, Yen-Chang also known as Stanley Huang
Senior Independent Non-Executive Director
- Charlie Ong Chye Lee
Independent Non-Executive Directors
- Tan Boon Hoe
- Lim Tian How
WHAT THEY DO?
Uchi Technologies Berhad an
investment holding company, engages in the design, research and
development, manufacture, and sale of electronic control systems in
Europe, the Asia Pacific, and the United States. It offers real-time
centralized energy measurement and control system, high precision hot
fluid temperature control system, and ultra-low temperature and mass
sensing control system for bio-chem equipment, touch screen advance
displays, high precision light measurement equipment, mixed signal
control systems for centrifuge/laboratory equipment, mixed signal
microprocessor based application, and system integration products, as
well as electronic modules.
The company also engages in the assembly
of electrical components onto printed circuit boards (PCB); and trading
of electric modules and saturated papers for PCB lamination. In
addition, it develops software programming, hardware design, and system
construction of original design manufacturing products. The company
serves multinational companies in the consumer and industrial electrical
and electronic appliances industries. Uchi Technologies Berhad was
founded in 1989 and is based in Prai, Malaysia.
SERVICES
1. Product Design
By transforming product ideas through
innovative solutions from our experienced, inspiring and productive
design team into worldwide recognizable commercial products, Uchi is
your technical partner to walk you to the top.
2. Construction and Tooling Design
By maximizing production yield and
cost-efficiency as goals in our design, we have been able to provide our
customers the optimized construction and tooling designs that meet the
specifications and requirements.
3. Software + Micro Controller + ASIC Solutions
Specialised in Sensing Circuits,
Control Circuits, Touch Sensing Solutions, Optical Sensing Solution,
Inverter Control Solution, Power Factor Correction Solution, Software +
uC, ASIC Solutions
Integrating software, micro controller
and custom-made ASIC based hardware has been recognized to be a cost
effective way of providing better user interfaces, excellent processing
capabilities and design flexibilities in commercial and industrial
products. Uchi has gained its reputation over the years by empowering
our customers' products, either a fully automatic coffee machine or a
precision weighing scale, with our seamlessly integrated Software +
Micro Controller + ASIC solutions.
4. Display Modules Solutions
Specialised in LED Dot Matrix Displays and TFT Display Modules Solutions
By providing a broad range of display
solutions, whether a single LED or a complete controller-based display
module,Uchi has been successfully helping our customers to bring better
views and images of their applications to the world.
5. Manufacturing Services
With customers and partners ranging
from household appliance makers to industrial product manufacturers,
Uchi has been delivering OEM and ODM services with satisfactory results
for products like fully/semi automatic coffee machines, electronic
modules, bio-tech instruments, precision/industrial weighing scales, LED
displays and has been able to maintain long term
relationship/partnership with our valuable customers/partners. All our
products are manufactured to lead-free production requirements and
standards.
PRODUCTS
1. Art-of-living – High-end household and professional appliances.
UCHI designs and develops electronic
control systems to serve clients producing fully automated coffee
machines. Their clients include Jura (Swiss), Nestle (Swiss), Krups
(German), and Bosch (German). About 75% of control modules that UCHI
produces are exported to Jura. UCHI is the sole supplier of control
modules to Jura.
2. Biotech – Biotechnology product applications.
UCHI develops and manufactures
products for laboratory and industrial instrument applications such as
precision weighing scales, deep freezers, centrifuges, and pipettes.
Their clients include Sartorius Group, based in Germany (FY2019 Revenue
was €1,827m), and Eppendorf, a leading life science German company.
3. ODM and Original Equipment Manufacturing (“OEM”)
UCHI involves in-house design and
development of electronic control systems, manufacturing, and delivery
of systems. This segment makes minimal contribution to the Group.
FINANCIAL
QUATER
ANNUAL
DIVIDEND CHART
KIM'S CHART
UCHITECH - Confirmed breakout with volume. Support level between RM2.80 - RM2.89.
ENJOY THE RIDE!!
Lastly, don't forget to click on our
telegram link above and join us. Let us give you the latest update on
the stock market and our group development. We hope you enjoy reading
our blogs and give us your support.
If you would like to know more about
Kim's Group Trader (KGT) and Kim's Investment Club (KIC). You may reach
out to us via link above.
Best Regards,
KIM
Disclaimers: The research, information and financial
opinions expressed in this article are purely for information and
educational purpose only. We do not make any recommendation for the
intention of trading purposes nor is it an advice to trade. Although
best efforts are made to ensure that all information is accurate and up
to date, occasionally errors and misprints may occur which are
unintentional. It would help if you did not rely upon the material and
information. We will not be liable for any false, inaccurate, incomplete
information and losses or damages suffered from your action. It would
be best if you did your own research to make your personal investment
decisions wisely or consult your investment advise.
https://klse.i3investor.com/blogs/spartan/2021-02-05-story-h1540331900-MY_LATEST_GEMS_TO_SKYROCKET_SOON.jsp
