25th June 2024 Pecca, Graphjet

Pecca RM1.29, PE RATIO 19m02, Div yeild at 3.52%. This is not a new kid in town but rather be an old time cushion maker for ckd Cars in malaysia, with 1 merger of seat assembly company, it added to increase their value chain.

The additional segment they explore is aviation segment portfolio, they obtain EASA- European Union Aviation Safety Agency certification which given on april 2023. Which currently is delivering it first shipment with memo with France Aero Cabin solutions SAS- (ACS).

All in all, good to go in at peratio close to 15.  Which price at rm1-rm1.1. Fyi the grp div payouat is at 40% of it net income

Nasdaq, Graphjet Tech 5.41usd, marketcap 797.6mil usd.

New kids in town of Graphjet, which produce unique material for EV battery. Its Graphite and graphene.  Listed at 5.41USD, which set to record low, but nevertheless is a counter to watch oit once they pickup on their production at factories in Subang, Kuantan and Nevada plant.

They target to make annual revenue of rm200mil to rm300mil by next 2 years. Which translates to 70mil usd and that is probably sitting at 11-14 peratio, that factor in an unknown period of est 2-3 years time.