2.0 SECURITY ANALYSIS 2.1 P.I.E INDUSTRIAL BERHAD P.I.E. Industrial Berhad, known as PIEIB, was founded in Malaysia on March 21, 1997, under the name P.I.E Industrial Sdn Bhd. It was later converted to a public limited company on May 30, 1997, giving rise to its current name. The PIER Group started with the manufacturing and assembly of cable and wire. Since 1996, the PIEIB Group has added fabrication of moulds and dies, PCB assembly using precision SMT, plastic injection moulding, and Class 10K and l00K clean room product assembly and testing of electronic products to its list of services. With its new cutting-edge manufacturing facilities, PIEIB Group is now able to provide a fully integrated 'one-stop' CEM service to major multinational corporations for a wide range of electronics, telecommunications, and computer peripheral products. Now, PIEIB is the holding company of PIE Enterprise (M) Sdn Bhd (PIE Enterprise), PanInternational Wire & Cable (Malaysia) Sdn Bhd (PIWSB), Pan-International Electronics (Malaysia) Sdn Bhd (PIESB), Pan-International Corporation (S) Pte Ltd (PIS), Pan-International Electronics (Thailand) Co Ltd (PIT), and P.I.W. Enterprise (Malaysia) Sdn Bhd (PIW Enterprise). PIEIB DATA FROM 2015-2020: i. Year 2015 Ending Price 2.1400 Dividend 0.026 2016 1.6800 0.046 2017 1.9500 0.026 2018 1.4900 0.036 2019 1.4500 2020 2.4200 0.026 + 0.026 =0.052 0.026 RATE OF RETURN: DEC 2016 R = ( (1.68−2.14)+0.046 / 2.14 ) 𝑋 100 = - 19.3458% DEC 2017 R = ( (1.95−1.68)+0.026 / 1.68 ) 𝑋 100 = 17.6190% DEC 2018 R = ( (1.49−1.95)+0.036 / 1.95 ) 𝑋 100 DEC 2019 = - 21.7436% R = ( (1.45−1.49)+0.052 / 1.49 ) 𝑋 100 = 0.8054% DEC 2020 R = ( (2.42−1.45)+0.026 / 1.45 ) 𝑋 100 = 68.6897% ii. AVERAGE OF RETURN AR = (- 19.3458) + (17.6190) + (- 21.7436) + (0.8054) + (68.6897) / 5 = 9.2049% iii. VARIANCE AND STANDARD DEVIATION σ= (- 19.3458– (9.2049)2 + (17.6190– (9.2049)2 + (- 21.7436– (9.2049)2 + (0.8054 – (9.2049)2 + (68.6897– (9.2049)2 / 5 =√1090.5474 SD = 33.0234 iv. COEFFICIENT OF VARIATION CV=33.0234/ 9.2049 = 3.5876 https://finance.yahoo.com/quote/7095.KL/history?period1=1418169600&period2=16347744 00&interval=capitalGain%7Cdiv%7Csplit&filter=div&frequency=1mo&includeAdjustedClose= true