In theory Jag could use say 70% of its cash ie rm364m to buy back 65% of its shares. With new share count of 200m, eps would jump to 60sen, and pe would dive to 1.6x Easily worth double perhaps triple.

sam customers are KLa tencor, applied materials whom supply to tsmc, micron, Lam research etc. similar customer base as Mi tech, UWC, whom have 5-6bil market cap compared to SAM with 900 mil. Eps Sam is doing 0.4, while the former two is around 0.1. Previously semicon mainly for handphone n consumer electronics. Now for big data, cloud, AI, automobiles, medical equipment etc. management should wake up, highlight their company and do a split to increase float for funds.

Seems like local funds and retailers are missing out on this buried diamond thinking it’s an aero parts manufacturer. Look at last Quarter report, 83% revenue from semicon