Highlights
KLSE: SASBADI (5252)       SASBADI HOLDINGS BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
0.49   +0.02 (4.26%)  0.47 - 0.495  4,526,500
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General Meeting

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Ann. Date Date Time Type Venue View
19-Jan-2015 11-Feb-2015 10:00 AGM GLENMARIE BALLROOM A, HOLIDAY INN KUALA LUMPUR GLENMARIE, 1 JALAN USAHAWAN U1/8, 40250 SHAH ALAM, SELANGOR DARUL EHSAN Meeting Detail
22-Jan-2016 18-Feb-2016 10:00 AGM The Greens 3 Function Room Tropicana Golf & Country Resort Jalan Kelab Tropicana 47410 Petaling Jaya Selangor Darul Ehsan, Malaysia Meeting Detail
27-Jun-2016 19-Jul-2016 10:00 EGM The Greens II Function Room Tropicana Golf & Country Resort Jalan Kelab Tropicana 47410 Petaling Jaya Selangor Darul Ehsan Meeting Detail
27-Dec-2016 19-Jan-2017 10:00 AGM The Greens III Function Room Tropicana Golf & Country Resort Jalan Kelab Tropicana 47410 Petaling Jaya Selangor Darul Ehsan, Malaysia Meeting Detail
12-Jul-2017 28-Jul-2017 10:00 EGM The Green III Function Room Tropicana Golf & Country Resort Jalan Kelab Tropicana 47410 Petaling Jaya Selangor Darul Ehsan Meeting Detail
27-Dec-2017 23-Jan-2018 10:00 AGM The Greens III Function Room Tropicana Golf & Country Resort Jalan Kelab Tropicana 47410 Petaling Jaya Selangor Darul Ehsan Meeting Detail
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  7 people like this.
 
PiddleMinger wow.. I seriously didn't expect it to sink this low
09/02/2018 17:22
Jae Hoong It's not the worst financial result, company still making money but share price is historical low...so Buy low and keep for long term...
09/02/2018 20:05
powerinvestor In Nov 2017, i predicted this company to reach RM0.50 but everyone thought i was joking.

See what happen now?
10/02/2018 13:23
powerinvestor Reposting some of my posts to ensure no more uninformed investors. Dont let our fellow bros suffer from this stock.


Nov 13, 2017
Finally the truth sinks in.

My friend was recruited as one of their MLM scheme selling their digital products. He left at the end due to the bad experience he had. A few reasons he gave:

1. Incompetent Product. The digital product by sasbadi is merely a digitalization of its school books, it is just a book but in digital format. Other products in the market offer lively interaction with great graphics and customised marking. It was a hype with SAS product initially, but true as he told me, now everything is crumbling. Product is king, a good product will yield good revenue.

Other better products in the market are eg: Fullamark, khanacademy, ilearning.

2. Weak training. He was told to go to fight a war but with minimal training and resources. No info on the market trend. Was quite a humiliating experience when his prospects showed him other better products in the market.

3. Low and late commission. Commissions promised was not received in due time. Despite repeated reminders and 'begging; 'wages were delayed. Dont ever say yes to them.

4. Poor management. Infighting between own people. No clear line between sales territory. at the end, sales lead and sales rep overlapped, resulted in price war.
10/02/2018 13:26
powerinvestor Nov 20, 2017

@kevin008, i applaud your faith in the managing director of SAS. But i seriously hope that you are not relatad to him in any ways, because what you have said so far in this forum is heavily biased.

Do you know that listed companies don't mind paying handsome sums just so that they can be interviewed at investors forums, events etc. This is my point. The MD of SAS should be spending his time wisely to RUN THE COMPANY WELL, NOT TO BE THINKING & TRYING HARD TO GET MORE MONEY FROM THE INVESTORS.

Once the purpose of a company is skewed, things will come crumbling down.

Please look at the facts and figures kevin008. For example the cash flow, this company borrowed RM15,000,000 from bank last year, and despite that, it has a cash flow DEFICIT of more than RM 2 million. Meaning that if without the bank borrowing, this company should be having a CASH FLOW DEFICIT of more than RM 17,000,000 now.

Many of us have suffered from this company.
10/02/2018 13:26
Thepainfultruth Putting your money in SAS is like sitting on needles, it's a PAIN in the arse..
10/02/2018 13:31
powerinvestor @Thepainfultruth, haha very well said
10/02/2018 13:31
miker Already down ~30% from the last time, I monitored. Bad company, reflected by bad management.
10/02/2018 13:32
powerinvestor Its much more than 30%!

It down from 0.95 in Nov 2017 to 0.47 in Feb 18. Its a 51.00% DROP!!
10/02/2018 13:55
kevin008 time will tell who is correct or wrong..i rather believe epf and director who keep buying this share.
if u dun hold any shares of sasbadi..no need to write so many comments and talk bad about this company
12/02/2018 09:44
kevin008 and this is a forum..am i putting a gun to ask you buy this share?
dun act like a child and always blame someone..first time play share it is? so scare to lose money better put ur money in FD.
12/02/2018 09:48
victorwoon agreed with kevin008
13/02/2018 11:46
apolloang mr law says those who lost on sasbadi can sleep wif his daughter for free......hahaha
13/02/2018 14:38
apolloang anyone interested can call mr law for booking, 03-61451010 or email md@sasbadi.com.....hahahaha
13/02/2018 14:47
apolloang sasbabi new low again....hahaha,if dow jones hit 30,000 those who bought sasbadi at 1.00 also dunno can recover
13/02/2018 15:05
Imsam sasbadi no making money, this year all staff no bonus.
13/02/2018 15:39
powerinvestor Really Imsam? No bonus or no salary
13/02/2018 16:23
apolloang 1st quarter make 6 mil lah.....tak apa lah those who lost can go sleep wif his daughter....hehe
13/02/2018 16:24
sell Tipulah Sasbadi why so high after 3 for 1 split. 30 sen can consider.
13/02/2018 21:03
apolloang 30cts is cheaper than ipo at 1.19.....I will queue to buy at 40cts tomoro
13/02/2018 21:14
PiddleMinger epf might start selling tomorrow to raise funds for their fire losses
13/02/2018 21:21
apolloang who had been selling so many days undisclose? tomoro down will buy and keep.too low already.keep for long term sure make.don't worry cos mr law will lose more than those who buy now....hahaha
13/02/2018 21:26
sell So below 40 sen tomorrow?

Posted by PiddleMinger > Feb 13, 2018 09:21 PM | Report Abuse
epf might start selling tomorrow to raise funds for their fire losses
13/02/2018 21:28
apolloang don't think so but I will queue at 40-42cts to buy.no harm buying cheaper than the director.....hehe
13/02/2018 21:30
Thepainfultruth Queue at 0.40? Be careful bro

My prediction is that it will touch 0.30 soon. From what I see, it is a tough year for SAS ahead. Up till now, there is no effective plan to counter the threat of other digital competitors e.g. fullamark, Khan academy, astro etc

Government policy of no workbook has not changed. Year 1 to 3 no workbook allowed, year 4 to 6 only 1 workbook for core subjects. I predict a much lower revenue. If you ever pass by SAS, you can see hundreds of pallets of books at the side (opposite the factories) waiting to be disposed.

Also, SAS needs to pay up its RM15 million loan.

Don't just take what I say. Do your own research.
13/02/2018 22:42
apolloang 15 mil loan only for a 400 mil capital company not much.now I buy low no scare also lah even 30cts I can buy more.now I lose cannot lose much but if gain can up a lot.keep for 1-3 years sure can make
14/02/2018 03:07
apolloang no want other brands lah.....just wanna buy old establishment,cheap,profitable,got some dividend,not much loans....what u want more for a 40 over cents stock. better than buying unworthy overpriced kereta buruk like T7,pansar.u think sasbadi can close shop? if not can keep accumulate like mr law and keep for 1-3 years
14/02/2018 03:58
jibbie i'll wait until the next Q results before deciding to average down or to sell everything for a huge loss.
14/02/2018 06:53
Thepainfultruth The mkt cap used to be 400mil, but now only left 184 mil.

Haha if buy now and it drops to 0.30 guess how many nights will you cry.

The question is, do you think this is the very bottom of the valley, yet?
14/02/2018 08:48
jibbie i'll think twice the next time i invest in company with negative cash flows.
14/02/2018 09:11
curious2 Wait 35 sen la. 1 qtr sure red 1 pls study in detail.
14/02/2018 16:28
apolloang u think u say 35cts can meh? u never read report only say one......bat results is proven
14/02/2018 16:29
curious2 Who say I never read? Latest QR EPS 1 sen but 3rd qtr sure red 1. BAT where got red qtr?
14/02/2018 17:10
curious2 DY 1.54% where got a lot? Better put FD.
https://klse.i3investor.com/servlets/stk/5252.jsp
14/02/2018 19:48
curious2 DY 1.54% 22 sen I buy.
14/02/2018 19:48
apolloang sasbadi when newly listed the 1st quarter profit is 2.6 mil,now 1st quarter profit 6.3 mil and nearly back to IPO price,where got justify? nearly twice more profit than newly listed but stocks price only up a mere 5%......will not fall below 30cts if no losses.....don't spread fake news here
15/02/2018 00:10
apolloang when did I say bat in the red u dumbo,i said bat profit down more than 60%.bat no prospect just like magnum and bjtoto cos illegal very rampant.many turn to buy illegal cig
15/02/2018 00:13
sell Even PPG report lower profit. People avoid buying textbooks.
15/02/2018 03:22
sell Even Jan div cancel sure something wrong. 35 sen sure come.
15/02/2018 03:23
jibbie i never imagined that sasbadi price would drop lower than PPG. horrible..
15/02/2018 07:50
apolloang this sell is talking nonsense only....the dividend only announce in aprl every year not jan. 35cts why not u sell me off market at 40cts?
15/02/2018 10:19
apolloang dewan bahasa dan pustaka is NO.1 textbook publisher in msia.....sasbadi is NO.2.....and now even PPG profit down the stock is up.nothing to worry about.CIMB TP 1.32,allianceDBS TP 1.05......u buy at 40 over cts,they lose more than u if drop more
15/02/2018 10:25
apolloang when I bought lctitan at 4.24 people in i3 say can drop to below 3.00.....all lies cos they no do research and simply say
15/02/2018 10:28
apolloang people is like that....low no wanna buy later up then chase.....buy and keep if 35cts buy more if 30 cts buy more.since we buy cheap less worry already cos this company don't have much loan and no heavy losses.
15/02/2018 12:07
curious2 Now got Ipad. Iphone why need text book. Bleak future.
15/02/2018 12:15
supersteph Hey guys, dont be sooo emotional, its CNY ;) Hope everyone has a great year ahead!!

Im reposting an older post. Thought that will put things into perspective:


July 2017, SAS paid RM9,400,000.00 in cash to Law En Tzer to purchase 30% of sanjung unggul sdn bhd. Coincidentally, Law En Tzer is a family member of the Managing director of SAS Mr Law King Hui.

The lastest info that I received is: Law En Tzer is working at SAS.

I have more and more question marks in my mind.

1. What is the rationale of paying RM9,400,000.00 to Law En Tzer? When Law EN Tzer is actually a staff at SAS? Is it because of the family relationship that he shares with the MD?

2. What measures have taken place before the board allowed for RM9,400,000 to be paid to Law En Tzer? SAS borrowed RM 15,000,000 from bank in the last financial year ended Aug 2017. Why borrow money to purchase 30% of a company? Why buy when you don't have the money? Is it so urgent, when the company actually belongs to your family member?

3. Why purchase sanjung unggul sdn bhd, when the revenue of this company keeps dropping?
15/02/2018 14:03
apolloang stupid curious,talking nonsense again.u go tell the school teachers take iphone and Ipad to school enough lah.or tell your dad who is a teacher....haha
15/02/2018 15:13
apolloang an over 400 mil capital company paying only 9 mil,is peanuts.company also not huge debt.some companies like bina puri also a few hundred million debt but not sasbadi why worry?
15/02/2018 15:17
mrinvestor12 http://www.mrinvestor12.com/2018/02/trading-ideas-sasbadi-holdings-berhad.html
19/02/2018 10:55
Thepainfultruth SAS is not the no 2 TB publisher in malaysia. SAS tendered for 34 Textbooks last year only 4 were successful.

If SAS is no 2, what about pelangi, rina, karangkraf, uma publication, aras mega and many more? Each of them hv more txtbook than SAS. You can view this from the government KPM web.
19/02/2018 13:51


 

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