Uploaded by Noor Syafiqah Salahudin

SECURITY ANALYSIS - P.I.E

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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
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