Latest news with #OiltekInternational
Yahoo
18-05-2025
- Business
- Yahoo
Is Now The Time To Put Oiltek International (Catalist:HQU) On Your Watchlist?
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even companies that have no revenue, no profit, and a record of falling short, can manage to find investors. But the reality is that when a company loses money each year, for long enough, its investors will usually take their share of those losses. While a well funded company may sustain losses for years, it will need to generate a profit eventually, or else investors will move on and the company will wither away. So if this idea of high risk and high reward doesn't suit, you might be more interested in profitable, growing companies, like Oiltek International (Catalist:HQU). While profit isn't the sole metric that should be considered when investing, it's worth recognising businesses that can consistently produce it. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. If you believe that markets are even vaguely efficient, then over the long term you'd expect a company's share price to follow its earnings per share (EPS) outcomes. Therefore, there are plenty of investors who like to buy shares in companies that are growing EPS. To the delight of shareholders, Oiltek International has achieved impressive annual EPS growth of 37%, compound, over the last three years. While that sort of growth rate isn't sustainable for long, it certainly catches the eye of prospective investors. Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. The music to the ears of Oiltek International shareholders is that EBIT margins have grown from 11% to 15% in the last 12 months and revenues are on an upwards trend as well. That's great to see, on both counts. The chart below shows how the company's bottom and top lines have progressed over time. Click on the chart to see the exact numbers. See our latest analysis for Oiltek International You don't drive with your eyes on the rear-view mirror, so you might be more interested in this free report showing analyst forecasts for Oiltek International's future profits. It's a necessity that company leaders act in the best interest of shareholders and so insider investment always comes as a reassurance to the market. So it is good to see that Oiltek International insiders have a significant amount of capital invested in the stock. As a matter of fact, their holding is valued at RM28m. That's a lot of money, and no small incentive to work hard. That amounts to 11% of the company, demonstrating a degree of high-level alignment with shareholders. Oiltek International's earnings have taken off in quite an impressive fashion. That sort of growth is nothing short of eye-catching, and the large investment held by insiders should certainly brighten the view of the company. At times fast EPS growth is a sign the business has reached an inflection point, so there's a potential opportunity to be had here. So based on this quick analysis, we do think it's worth considering Oiltek International for a spot on your watchlist. Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Oiltek International that you should be aware of. While opting for stocks without growing earnings and absent insider buying can yield results, for investors valuing these key metrics, here is a carefully selected list of companies in SG with promising growth potential and insider confidence. Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Times
11-05-2025
- Business
- Business Times
Mainboard-hopeful Oiltek gets slick with innovation, internationalisation
[SINGAPORE] An invention every 180 days has kept Oiltek International in the black, its order book stacked and its share price buoyant since it listed on the Catalist board three years ago. The secret to its stellar run? Drilling down on the basics of innovation, internationalisation and diversification, said its executive director and chief executive Yong Khai Weng in an interview with The Business Times. Elaborating on Oiltek's policy of introducing two inventions every year, Yong pointed out that this includes any new and material developments to existing designs – such as energy-saving or cost-cutting measures, improvements to product quality and other enhancements. Improvements mostly come from two sources: market feedback and internal development, noted Yong, a chemical engineer by training. The way he sees it, novelty is what fetches bigger growth and a larger premium. 'We continue to expand our products, knock on the doors of new clients and penetrate new countries – that has been our growth strategy for the past (few years).' Healthy set of numbers The vegetable and edible oil process engineering firm has been riding a wave of 'buy' calls following the release of a healthy set of numbers for the first half ended December 2024 three months ago. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up Net profit upped 57.8 per cent and revenue gained 4.4 per cent, and it posted an earnings beat alongside a higher final dividend. With dividends reinvested, the counter generated a total return of 436.5 per cent over the past 12 months. It has a market capitalisation of about S$225 million as at May 9. The company's order book amounts to RM402.4 million (S$121.8 million), as at Apr 16, and is expected to be fulfilled over the next 18 to 24 months. In recent years, Oiltek and its units have consistently bagged million-dollar contracts across several markets namely Malaysia, Indonesia, South Korea, Kenya and Colombia. The latest slew of contracts announced on Apr 16 – worth some RM61.9 million – involve the design, fabrication, delivery, testing and commissioning of dry fractionation and refinery plants and other facilities across Thailand, Indonesia, Malaysia, the Americas and Africa. In recent years, Oiltek and its units have consistently bagged million-dollar contracts across several markets namely Malaysia, Indonesia, South Korea, Kenya and Colombia. PHOTO: OILTEK INTERNATIONAL The challenge now, said Yong, is to sustain Oiltek's momentum. Growth tends to slow as companies expand, yet the 45-year-old Malaysian firm has maintained its rate of growth while not significantly increasing headcount, noted the chief executive. The company now has about 90 employees versus some 50 to 60 people from when he first joined in 2008, despite revenue and turnover snowballing, explained Yong. Oiltek on Feb 17 applied to transfer its listing to the Singapore Exchange mainboard, noting that the move would enhance its image locally and overseas as public investors accord a premium to such listees. 'Our objective is to (achieve) better compliance, higher visibility and better market recognition,' said Yong. The company announced on Apr 2 that the proposed transfer has been approved in-principle. Going global Oiltek's presence spans 36 countries across five continents, including East African nations such as Kenya, Tanzania and Uganda; Central American states like Costa Rica, Nicaragua and Honduras; as well as Latin American territories like Brazil. 'We are very aggressively expanding our business into different countries, multiplying the countries,' noted Yong. '(Many may wonder) why we are taking a risk to go so far away but, in reality… Oiltek has been very familiar in those countries – actively participating in engineering, procurement, construction and commissioning works, and building factories,' he continued. Oiltek's oil refinery equipment. The 45-year-old Malaysian firm has maintained its rate of growth while not significantly increasing headcount, notes the chief executive. PHOTO: OILTEK INTERNATIONAL When asked about Oiltek's most attractive markets, Yong replied that the focus will continue to be on countries that are significant producers of feedstock and those with large populations. He pointed out that the production of vegetable oil is still predominantly concentrated in a few countries. For example, leading producers of palm oil include Malaysia, Indonesia and Thailand while China and the US are significant players in the soybean oil market, said Yong, who concluded that Oiltek will continue 'keeping close focus' on Malaysia and Indonesia.
Yahoo
14-04-2025
- Business
- Yahoo
Oiltek International Full Year 2024 Earnings: EPS Beats Expectations
Revenue: RM230.3m (up 14% from FY 2023). Net income: RM29.6m (up 55% from FY 2023). Profit margin: 13% (up from 9.5% in FY 2023). The increase in margin was driven by higher revenue. EPS: RM0.21 (up from RM0.13 in FY 2023). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.9%. Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Construction industry in Asia. Performance of the market in Singapore. The company's shares are down 5.5% from a week ago. It is worth noting though that we have found 2 warning signs for Oiltek International that you need to take into consideration. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
18-02-2025
- Business
- Yahoo
Oiltek International And 2 Other Penny Stocks With Promising Potential
As global markets continue to navigate the complexities of rising inflation and shifting trade policies, investors are keenly observing opportunities across various sectors. Penny stocks, though often overlooked due to their smaller market capitalization, can present unique investment prospects when they exhibit strong financial health and potential for growth. In this article, we explore three penny stocks that stand out for their robust fundamentals and potential to capture investor interest in today's evolving economic landscape. Name Share Price Market Cap Financial Health Rating Bosideng International Holdings (SEHK:3998) HK$3.87 HK$44.2B ★★★★★★ DXN Holdings Bhd (KLSE:DXN) MYR0.53 MYR2.61B ★★★★★★ Polar Capital Holdings (AIM:POLR) £4.97 £479.09M ★★★★★★ Warpaint London (AIM:W7L) £4.10 £331.23M ★★★★★★ Datasonic Group Berhad (KLSE:DSONIC) MYR0.335 MYR918.11M ★★★★★★ Begbies Traynor Group (AIM:BEG) £0.94 £149.81M ★★★★★★ Hil Industries Berhad (KLSE:HIL) MYR0.84 MYR277.17M ★★★★★★ MGB Berhad (KLSE:MGB) MYR0.695 MYR414.16M ★★★★★★ Foresight Group Holdings (LSE:FSG) £4.04 £459.09M ★★★★★★ Embark Early Education (ASX:EVO) A$0.79 A$144.95M ★★★★☆☆ Click here to see the full list of 5,683 stocks from our Penny Stocks screener. Let's uncover some gems from our specialized screener. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Oiltek International Limited is an investment holding company that supplies and provides engineering design and commissioning services for oil extraction equipment and plants across Asia, America, and Africa, with a market cap of SGD170.17 million. Operations: The company's revenue is derived from Renewable Energy (MYR17.65 million), Product Sales and Trading (MYR18.78 million), and Edible & Non-Edible Oil Refinery (MYR193.87 million). Market Cap: SGD170.17M Oiltek International's recent financial performance highlights its solid revenue base, with MYR230.29 million in sales for 2024, up from MYR201.11 million the previous year. The company's net income rose to MYR29.64 million, reflecting robust growth and profitability. Despite a dividend yield of 2.72% that isn't fully covered by free cash flows, Oiltek remains debt-free and has not diluted shareholder value recently. Its return on equity stands at a high 35.2%, indicating efficient use of capital, while earnings growth has significantly outpaced industry averages over the past year and five years. Navigate through the intricacies of Oiltek International with our comprehensive balance sheet health report here. Explore Oiltek International's analyst forecasts in our growth report. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Crypto Flow Technology Limited, an investment holding company with a market cap of HK$183.72 million, offers big data centre services in Hong Kong. Operations: The company generates revenue primarily from its Money Lending Business, which accounts for HK$2.35 million. Market Cap: HK$183.72M Crypto Flow Technology Limited, with a market cap of HK$183.72 million, is currently pre-revenue and unprofitable, primarily generating HK$2.35 million from its Money Lending Business. The company has not diluted shareholders over the past year and remains debt-free, which is positive for financial stability. However, it faces challenges such as high share price volatility and a cash runway of less than one year based on current free cash flow levels. While its management team is experienced with an average tenure of 2.4 years, the board lacks experience by industry standards. Get an in-depth perspective on Crypto Flow Technology's performance by reading our balance sheet health report here. Explore historical data to track Crypto Flow Technology's performance over time in our past results report. Simply Wall St Financial Health Rating: ★★★★★★ Overview: AI Energy Public Company Limited, with a market cap of THB1.04 billion, produces and distributes biodiesel and vegetable oil in Thailand. Operations: The company's revenue is primarily derived from its Palm Oil Product segment, which generated THB8.07 billion. Market Cap: THB1.04B AI Energy Public Company Limited, with a market cap of THB1.04 billion, has demonstrated financial stability by remaining debt-free and not diluting shareholders over the past year. The company reported significant revenue growth, reaching THB8.24 billion in 2024, with net income rising to THB241.92 million from the previous year's THB40.27 million. Its Price-to-Earnings ratio of 9.8x suggests it may be undervalued compared to the Thai market average of 12.5x, although its Return on Equity is relatively low at 6.3%. The board's extensive experience enhances governance credibility as they propose a cash dividend for shareholders in April 2025. Take a closer look at AI Energy's potential here in our financial health report. Gain insights into AI Energy's past trends and performance with our report on the company's historical track record. Jump into our full catalog of 5,683 Penny Stocks here. Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance. Enhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Jump on the AI train with fast growing tech companies forging a new era of innovation. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include Catalist:HQU SEHK:8198 and SET:AIE. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
14-02-2025
- Business
- Yahoo
Oiltek International Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Oiltek International Limited (Catalist:HQU) last week reported its latest full-year results, which makes it a good time for investors to dive in and see if the business is performing in line with expectations. Oiltek International reported RM230m in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of RM0.21 beat expectations, being 9.9% higher than what the analysts expected. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results. See our latest analysis for Oiltek International Taking into account the latest results, the most recent consensus for Oiltek International from three analysts is for revenues of RM281.9m in 2025. If met, it would imply a substantial 22% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to swell 15% to RM0.24. In the lead-up to this report, the analysts had been modelling revenues of RM279.2m and earnings per share (EPS) of RM0.22 in 2025. Although the revenue estimates have not really changed, we can see there's been a nice gain to earnings per share expectations, suggesting that the analysts have become more bullish after the latest result. The consensus price target rose 11% to S$1.43, suggesting that higher earnings estimates flow through to the stock's valuation as well. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. There are some variant perceptions on Oiltek International, with the most bullish analyst valuing it at S$1.48 and the most bearish at S$1.37 per share. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting Oiltek International is an easy business to forecast or the the analysts are all using similar assumptions. These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Oiltek International's past performance and to peers in the same industry. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 22% growth on an annualised basis. That is in line with its 24% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 8.5% annually. So although Oiltek International is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry. The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Oiltek International following these results. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time. Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have forecasts for Oiltek International going out to 2027, and you can see them free on our platform here. Before you take the next step you should know about the 2 warning signs for Oiltek International that we have uncovered. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
