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楼主: 强风

[公司专区] 0083 NOTION 诺申集团

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x 69
发表于 2010-5-5 21:03 | 显示全部楼层
100# ckf

因该会是 WD 或 Alphana 吧,猜而已....自我安慰

如果是给不相关的 Private or Institutional fund, 以先在的股价来看,也许凑不到他们的 Target, 那不如用Right Issue不是更好? 如果股价持续不好,说不定会取消private placement 以 Right Issue 取代,也是猜猜而已

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x 69
发表于 2010-5-6 02:36 | 显示全部楼层
本帖最后由 ASD 于 2010-5-6 03:39 编辑

昨天心血来潮,写了一封Email 给Notion 的 management 寻问关于Private placement 的事....
没想到这莫快就回复了....就post 在这和大家分享.... 从他的回复看来,private placement 有可能会减少或取消(如果价钱不理想).... Klang 3rd factory 是专门为了应付samsung 的 2.5" baseplate.... 原本samsung 还要完 3rd factory 的全部capacity,但为了diversify clients portfolio,只allocate 一半给 samsung....  看来还有可能会expand, 下一个应该是在中国,之前有提过.... 请看以下的回复为准


Dear Mr XXX,

Thank you first for being an investor in Notion and your concerns which I will try to address.

Time is of essence and we did consider the rights issue or ICULs route but we think for raising funds fast a private placement is more suitable as our major move into 2.5" base plate manufacture requires a subtantial amount of money. In the 1st phase to bring up to 2 mil pcs per month we are already spending RM8 mil in Klang Factory 3 solely for Samsung (HDD maker). The Factory 3 is solely for baseplate manufacture and is designed for 7 mil pcs per mth or 84 mil pcs pa. In fact Samsung wanted all the capacity but we as part of risk management will only allocate half to Samsung half to Alphana Tec (a spindle motor maker).

Yes not only minority shareholders are diluted, we as major shareholders are also affected; may be even in a greater measure. I think it is far better to have a reduced stake in a bigger cake than to have a big stake in a small cake. Eg if I have 10% in a RM500 mil company its worth is RM50 mil but if I have 8% stake in a RM1,000 mil company its worth is RM80 mil and am sure you see the point. We are trying to grow the business into the billion ringgit market cap in the next few years.

But there is still a little time. We can always price the placement shares that it becomes unpalatable and let it lapse. As for additional funds we can gear up more or raise funds by the major shareholders being the first to convert the warrants but it is a sacrifice. The warrants are a form of deferred rights issue but we can always opt to exercise early.

Or reduce the amount of Private Placement shares and still go ahead with free warrants is another possibility.

If we had offered rights issue surely investors also will ask for free warrants and the dilutive effect on EPS is also evident.

In all our dealings we try to be fair to all and hope your concerns are answered but we understand how retail investors like yourself feel. Notion was built up from "next to nothing" over a period of 15 years and the team is the same team so we aspire for greater things installed for us all shareholders.

Thank you and hope for your understanding.

Regards

Thoo Chow Fah

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 楼主| 发表于 2010-5-6 07:00 | 显示全部楼层
Yes not only minority shareholders are diluted, we as major shareholders are also affected; may be even in a greater measure. I think it is far better to have a reduced stake in a bigger cake than to have a big stake in a small cake. Eg if I have 10% in a RM500 mil company its worth is RM50 mil but if I have 8% stake in a RM1,000 mil company its worth is RM80 mil and am sure you see the point. We are trying to grow the business into the billion ringgit market cap in the next few years
ASD 发表于 2010-5-6 02:36

看来NOTION的成长跟不上市场的需求,同时也要成为大财团了。HDD是不大被影响的市场,经济风暴时也只是有需求。相信过了这关NOTION会有更大的成长机会。同时NOTION会迅速的回复你说明了很多的投资者及他们都在思考他们那private placement.这就是说股价下跌的主要原因是Private Placement.

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x 16
发表于 2010-5-6 08:26 | 显示全部楼层
未来的趋势hdd只会越来越便宜。。。
成本控制方面如何呢?

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x 50
 楼主| 发表于 2010-5-6 12:09 | 显示全部楼层
updated NOTION chart. recover back....

本帖子中包含更多资源

您需要 登录 才可以下载或查看,没有帐号?注册

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x 69
发表于 2010-5-6 15:23 | 显示全部楼层
本帖最后由 ASD 于 2010-5-6 15:32 编辑

这是第二封,寻问关于公司未来的方向
短期内应该不会在中国开厂,但samsung 有可能会在Malaysia 或 thailand 开新HDD厂,Notion当然是 first choice....
谁有空可以收听他的访问
BFM 89.9 business station on Tuesday 18th May 2010 (8am onwards)
感觉越来越像Notion 的推销员了

Hi Mr XXX

Its our job to explain to investors what our thinking is in certain contentious issues and others.

Samsung's planning as we understand it will not include their wanting to expand their Dongguan plant but instead they want new facilities either in Thailand or Malaysia for HDD spindle motor whilst they outsource the baseplates.So it is most unlike we will be in China for some time to come unless new business emerges. If Samsung's plans do materialise then Notion is well placed to serve this Group as we have plants in both Thailand and of course Malaysia.

Notion Thailand is located about 500 metres from Nikon's SLR factory in Ayutthaya, Thailand so it is natural that a lot of the production facilities will be allocated to Nikon in our plant. But there is room for business with other customers such as Seiko Precision (currently we are producing lens mount ring there) who supplies to Sony and there many MNCs there in the vicinity which we will also want to penetrate. So it is not a dedicated plant solely for Nikon but some priority is given to them. Nikon is also expected to reciprocate by relocating their lens mount production to us in Notion Thailand and this is expected in the next 6 months.

Do we have the expertise in optical imaging? Well in life we started with little and slowly picked up our expertise in various fields like surface treatment, making cutting tools, metal stamping, instrumentation, precision washing, diecasting and so on the list. It is a life long journey that dont seem to end and will not. As long as we have the passion and energy to want to learn new things I guess we will.

It is necessary that Notion continue to have a spirit of innovation, learning and relearning and experimentation in order to rejuvenate the business life of the Group so that more exciting things and activities are added.

I hope this email has given you some insight into our thinking and future plans. Oh by the way if you are in the Klang Valley you can tune in to BFM 89.9 business station on Tuesday 18th May 2010 (8am onwards) when I will be sharing our thoughts, life on the radio.

Thank you and have a fruitful week ahead.

Best regards

Thoo Chow Fah

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x 69
发表于 2010-5-6 15:41 | 显示全部楼层
本帖最后由 ASD 于 2010-5-6 16:14 编辑

103# 强风


之前 Mr Thoo 说过, 五年内 target to reach 1billion in revenue..... 每年需要差不多 40% 的revenue增长.... 好像有点难

改了一点,以免误导读者...谢谢Moon 和 Lavender 的提醒

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x 52
发表于 2010-5-6 15:49 | 显示全部楼层
像HDD这些科技东西是很容易被取代的,5年维持40%成长为免太乐观。

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x 911
发表于 2010-5-6 15:57 | 显示全部楼层
ASD兄,

别太相信NOTION的负责人讲的一切,最好半信半疑去深入了解,然后判断/决定是否真实。
现在站出来登请,也无法阻止"市场先生"的庞大力量。
很多投资者跳进股海因为太相信公司的CEO或CHAIRMAN的自编自导的美梦故事。
很不好意讲,别见怪。SOLI。

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x 69
发表于 2010-5-6 15:59 | 显示全部楼层
108# lavender17

this is like a war between HDD and flash disk.... but generaly I dont think flash disk will be able to outperform HDD in term of storage capacity and cost, at least within this coming 5 years... both will serve their own use in different level, HDD more to server and personal computer which required huge amount of storage capacity while flash disk will be focus on portable device....

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x 52
发表于 2010-5-6 16:03 | 显示全部楼层
"感觉越来越像Notion 的推销员了"这点ASD兄很清楚,MOON兄多虑了。
过度相信CEO和分析员的话,都不是好事,
投资者是应该有自己的分析能力。
很感谢MOON兄指出,不然会误导爬贴者。

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x 69
发表于 2010-5-6 16:08 | 显示全部楼层
109# Moon

yeah, u r right on that... some CEO is realy good at traping ppl with their sweet promise and wonderful vision... i should stay more alert to these.... Thanks for that
actualy Im only planing to hold Notion for the coming 1-2 years,ride along with the recent expansion project.... long term wise, is abit risky like what Lavender been mentioned... War between HDD and SDD is not over... altot im confident with HDD future...but technology thing is hard to say.... like what iPhone did to change the mobile world overnite....it could happen to HDD and SDD as well....

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x 911
发表于 2010-5-7 09:26 | 显示全部楼层
lavender17 ,

谢谢你的好意。
我真得多虑或多心。
从文字上,ASD的确成熟的投资者。

ASD,
原来你是成熟的投资者。
至于你的投资策略,我也认同。
由于大环境一直变得快和资讯发达,个人认为"BUY 和 HOLD FOREVER "已经过时。

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x 69
发表于 2010-5-7 19:20 | 显示全部楼层
113# Moon

其实 buy and hold forever 是不适和 Notion 这样的 Technology 股..... 比较适和有strong branding 的 consumer 股....
谢谢Moon 的认可,我自认还没到成熟的地步,才刚刚入市不到六个月,还有很多东西要学,
看来市场越来越不稳定,是时侯决定留守或放手的时候了....

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x 911
发表于 2010-5-7 19:29 | 显示全部楼层
114# ASD


六月已经有此功利,本人真得佩服。
想当时,只是会投机,听消息,越玩越。。。

越少外资参与,越容易控制股市市场特别大马和中国。
来来去去,都是哪些大庄,左手转右手转左手,控制媒介等等

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x 69
发表于 2010-5-7 20:24 | 显示全部楼层
115# Moon

老实说头几个月时常忍不住去买投机股,结果时常把其他FA股赚来的钱输光,到头来都没什莫赚到,现在开始慢慢学会控制情绪和贪念,也许这是每位初学者都会经过的考验

现节段大庄还会控制KLCI 不让他那莫难看,但当其他指数都持续下跌的话,大庄应该不会在护住KLCI... 这几天所有的二三线股都跌了很多,跟本和KLCI完全无法相体并论,今天就是一个例子,竟然close green

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x 911
发表于 2010-5-7 20:56 | 显示全部楼层
本帖最后由 Moon 于 2010-5-7 20:57 编辑

最重要是别重覆一样错误,知错能改。

虽然如此,大庄可在KLCI FUTURE 赚一笔大钱,相信很多交易者在KLCI FUTURE输到要连父母认不到,可能要跳楼如果他抱着起债来背水一战。
真可怜。

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x 0
发表于 2010-5-10 23:36 | 显示全部楼层
NOTION VTec Bhd (0083)expects revenue to double in two years amid plans of aggressive expansion to tap rapid growth of its global customers, its chairman said.

The maker of camera and hard-disk-drive parts, whose customers include global names like Nikon, Canon, Western Digital and Sony, is building two plants in Malaysia and Thailand, Thoo Chow Fah said yesterday.

"We are embarking on major moves in scaling up to the next level," Thoo, one of the founders of the company, said in an interview.

"The two manufacturing facilities will boost our topline for the next couple of years substantially," he said.
Notion VTec has seen a surge in investor interest after Nikon, a key customer for its camera parts division, took up a 10 per cent share in the company in January this year.

Orders from Nikon account for more than a third of Notion VTec's total sales.

"They find that we are quite a strategic supplier to them so they wanted to ensure long-term supply. For us, Nikon is a good customer and we want to sustain the business," said Thoo.

Some analysts said that Notion VTec's near-term profit outlook might be volatile due to its rapid expansion and rising commodity prices as well as the weakening of the US dollar.

The ringgit has strengthened by up to 7.8 per cent against the dollar so far this year on prospects of strong Asian growth and speculation that China may allow its yuan currency to start appreciating again later this year.

"The US dollar exchange rate has a big impact on our top and bottom line as we are selling mostly in US dollars," said Thoo.

Notion VTec exports more than 90 per cent of its products.

For every 5 per cent drop in the US dollar exchange rate against the ringgit, Notion VTec's net profit could fall by 1-1.5 per cent, he said.

Malaysian technology stocks have outperformed the main market since last year as investors bet the global economic recovery would boost demand for consumer electronics.

Notion VTec is the only supplier of digital SLR camera parts in Malaysia, but competes with local players like Eng Teknologi Holdings Bhd and JCY International Bhd in the hard-disk-drive segment.

Shares of Notion VTec have gained 17 per cent so far this year compared to the 34 per cent rise in the technology sector index.

Rival Eng Teknologi was up 71 per cent and JCY rose 32 per cent in the same period.

Notion VTec currently trades at 8.88 times 2010 earnings, compared with Eng Teknologi's 5.37 times and JCY International's 12.09 times, according to Thomson Reuters. - Reuters

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发表于 2010-5-20 22:53 | 显示全部楼层
Date of buy back
: 20/05/2010
Description of shares purchased
: Ordinary Shares of RM0.50 each
Currency
: Malaysian Ringgit (MYR)
Total number of shares purchased (units)
: 1,000,000
Minimum price paid for each share purchased ($$)
: 2.650
Maximum price paid for each share purchased ($$)
: 2.800
Total consideration paid ($$)
: 2,726,868.41
Number of shares purchased retained in treasury (units)
: 1,000,000
Number of shares purchased which are proposed to be cancelled (units)
: 0
Cumulative net outstanding treasury shares as at to-date (units)
: 1,297,840

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x 0
发表于 2010-5-20 22:55 | 显示全部楼层
是不是公司觉得自己的股价被市场低估了 所以SHARE BUY BACK?

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