AJINOMOTO (M) BHD

KLSE (MYR): AJI (2658)

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Last Price

19.28

Today's Change

+0.18 (0.94%)

Day's Change

19.08 - 19.48

Trading Volume

315,400

Financial
Market Cap

Market Cap

1,172 Million

NOSH

61 Million

Latest Quarter

Latest Quarter

31-Dec-2023 [#3]

Announcement Date

29-Feb-2024

Next Quarter

31-Mar-2024

Est. Ann. Date

30-May-2024

Est. Ann. Due Date

30-May-2024

QoQ | YoY

41.47% | 535.76%

T4Q Result

Revenue | NP to SH

641,602.000 | 60,313.000

RPS | P/RPS

1,055.28 Cent | 1.83

EPS | P/E | EY

99.20 Cent | 19.44 | 5.15%

DPS | DY | Payout %

9.10 Cent | 0.47% | 9.17%

NAPS | P/NAPS

9.22 | 2.09

QoQ | YoY

25.73% | 563.02%

NP Margin | ROE

9.40% | 10.76%

F.Y. | Ann. Date

31-Dec-2023 | 29-Feb-2024

Latest Audited Result

Latest Audited Result

31-Mar-2023

Announcement Date

28-Jul-2023

Next Audited Result

31-Mar-2024

Est. Ann. Date

28-Jul-2024

Est. Ann. Due Date

27-Sep-2024

Annual (Unaudited)

Revenue | NP to SH

603,747.000 | 27,492.000

RPS | P/RPS

993.02 Cent | 1.94

EPS | P/E | EY

45.22 Cent | 42.64 | 2.35%

DPS | DY | Payout %

8.50 Cent | 0.44% | 18.80%

NAPS | P/NAPS

8.70 | 2.22

YoY

61.76%

NP Margin | ROE

4.55% | 5.20%

F.Y. | Ann. Date

31-Mar-2023 | 30-May-2023

Annualized Result

Revenue | NP to SH

644,912.000 | 49,617.333

RPS | P/RPS

1,060.73 Cent | 1.82

EPS | P/E | EY

81.61 Cent | 23.62 | 4.23%

DPS | DY | Payout %

-

NAPS | P/NAPS

-

QoQ | YoY

9.94% | 747.29%

NP Margin | ROE

7.69% | 8.85%

F.Y. | Ann. Date

31-Dec-2023 | 29-Feb-2024

Business Process

Trailing 4 Quarters Trailing 8 Quarters
Available Quarters 4 Quarters 8 Quarters
Continuous Quarters Of Revenue Growth 2 / 4 50.00% 2 / 8 25.00%
Total Positive Profit Years 4 / 4 100.00% 6 / 8 75.00%
Continuous Quarters Of Positive Profit 4 / 4 100.00% 6 / 8 75.00%
Continuous Quarters Of Profit Growth 1 / 4 25.00% 1 / 8 12.50%
Continuous Quarters Of Adjusted EPS Growth 1 / 4 25.00% 1 / 8 12.50%
Total Dividend Years 1 / 4 25.00% 2 / 8 25.00%
Continuous Quarters Of Dividend 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Dividend Growth 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Adjusted Dps Growth 0 / 4 0.00% 0 / 8 0.00%
Average ROE 2.79% 1.07%
Average Net Profit Margin 9.43% 3.33%

Last 5 Financial Years Last 10 Financial Years
Available Years 5 Years 10 Years
Continuous Quarters Of Revenue Growth 2 / 5 40.00% 2 / 10 20.00%
Total Positive Profit Years 5 / 5 100.00% 10 / 10 100.00%
Continuous Quarters Of Positive Profit 5 / 5 100.00% 10 / 10 100.00%
Continuous Quarters Of Profit Growth 1 / 5 20.00% 1 / 10 10.00%
Continuous Quarters Of Adjusted EPS Growth 1 / 5 20.00% 1 / 10 10.00%
Total Dividend Years 2 / 5 40.00% 6 / 10 60.00%
Continuous Quarters Of Dividend 1 / 5 20.00% 1 / 10 10.00%
Continuous Quarters Of Dividend Growth 0 / 5 0.00% 0 / 10 0.00%
Continuous Quarters Of Adjusted Dps Growth 1 / 5 20.00% 1 / 10 10.00%
Average ROE 8.37% 12.88%
Average Net Profit Margin 8.83% 12.87%
Key Result

T4Q Annualized Annual (Unaudited) Last 10 FY Average Last 5 FY Average
Revenue 641,602 644,912 603,747 438,309 488,192
NP to SH 60,313 49,617 27,492 54,959 41,461
Dividend 5,532 7,376 5,167 10,594 6,748
Adjusted EPS 99.20 81.61 45.22 90.40 68.19
Adjusted DPS 9.10 12.13 8.50 17.43 11.10

NP to SH = Net Profit Attributable to Shareholder, EPS = Earning Per Share, DPS = Dividend Per Share

All figures in '000 unless specified.

EPS & DPS's figures in Cent.

Growth

LQ QoQ LQ YoY CQ YoY LQ vs Average of T4Q LQ vs Average of T8Q
Revenue 3.91% 16.85% 8.49% 6.48% 12.66%
NP to Owner 41.47% 535.76% 747.29% -2.85% 147.81%
Dividend 0.00% 0.00% 7.06% 0.00% 0.00%
Adjusted EPS 41.46% 535.62% 747.78% -2.85% 147.81%
Adjusted DPS 0.00% 0.00% 7.06% 0.00% 0.00%

LQ = Latest Quarter, CQ = Cumulative Quarter, T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, QoQ = Quarter on Quarter, YoY = Year on Year

T4Q vs LFY T4Q vs AL5FY T4Q vs AL10FY AQR vs LFY AQR vs AL5FY AQR vs AL10FY LFY YoY LFY vs AL5FY LFY vs AL10FY
Revenue 6.27% 31.42% 46.38% 6.82% 32.10% 47.14% 24.57% 23.67% 37.74%
NP to Owner 119.38% 45.47% 9.74% 80.48% 19.67% -9.72% 61.76% -33.69% -49.98%
Dividend 7.06% -18.02% -47.78% 42.75% 9.31% -30.37% 0.00% -23.42% -51.22%
Adjusted EPS 119.37% 45.47% 9.74% 80.47% 19.67% -9.72% 61.79% -33.69% -49.98%
Adjusted DPS 7.06% -18.02% -47.78% 42.71% 9.28% -30.39% 0.00% -23.42% -51.22%

T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, AL5FY = Average of Last 5 Financial Years, AL10FY = Average of Last 10 Financial Years, LFY = Latest Financial Year AQR = Annualized Quarter Result, YoY = Year on Year

Discussions
8 people like this. Showing 50 of 1,628 comments

Nepo

The tentative timetable in relation to the Proposed Disposal is set out below:
Events Tentative Date
EGM for the Proposed Disposal 25 October 2023------->Passed
Fulfilment of all conditions precedent in respect of the Proposed Disposal Mid January 2024-------> Passed
Completion of the Proposed Disposal End March 2024------>ongoing

2 months ago

CorporateProposal

@Nepo what will be your TP post completion

2 months ago

Nepo

Hi @Corporate

I m a long-term investor. I hold Aji for long-term. As long as:
(1) Aji continues to growth(Middle East market), then i will keep the shares.
(2) If no growth, then Aji should give at least 4% dividend.

In short, If Aji can't give me above two conditions, then i will sell regardless what the share price is..

At the moment, primarily reason I hold Aji because i hope for growth from the Middle East Halal market..

2 months ago

Nepo

Probably today will explode to RM 17.50..

2 months ago

CorporateProposal

@Nepo I think engine probably start fully next week. Next QR expected end next week, hope for better QR and some good announcement.

2 months ago

Nepo

@Corporate, you spot on😃

2 months ago

CorporateProposal

Not exceptional but good QR. No good announcement yet, maybe early next month, fingers crossed.

2 months ago

Nepo

From the QRSales to Other Asian Countries increased substantially, wondering what Other Asian countries does Aji Malaysia sell to..?

2 months ago

Nepo

Look like Completion of the Proposed Disposal End March 2024------>ongoing-----> successfully completed..?
Your patient waiting will be substantially rewarded..😀😀😀

2 months ago

DestinyL

Go go go!

2 months ago

Nepo

Normal pp can only wait to harvest..
smart pp, i.e. insider can sit and relax to harvest

that is y the wealth gap widen..

2 months ago

CorporateProposal

Looks like good news incoming @Nepo as you said

2 months ago

DestinyL

There are also dumb insiders who still get to relax and harvest lol

2 months ago

CorporateProposal

can TP RM40 like this 🤑

2 months ago

Nepo

after a few days of pumping, the mgt still not let the cat out of the bag..
like this quite good because existing holders can still enjoy the runnnn.. until the day it announces..and it is the D-Day it gonna to harvest the leeks..

2 months ago

pang72

Nikkie breaks all time high like wise AJI..

AJI newly build fully auto factory bring the share price to AI automation high!

2 months ago

Nepo

Quite obvious sb is using the news (disposal of land) to goreng..

2 months ago

CorporateProposal

Can target TP RM40 like this 🚀

2 months ago

EngineeringProfit

Aji is my favourite

2 months ago

Nepo

ha i predict after reaching RM20.00, they will do harvesting..

2 months ago

pang72

Japanese is the best Asean country..as compared to US
Nikkie breaks all time high if you miss Nasdaq...
AJI is your Japanese stock for all time high...

Kawaiii Neh meh!!

2 months ago

pang72

New AJI AI fully automated factory become benchmark or role model for industrial 4.0 in malaysia...

So, fly rrrr!!!

2 months ago

Nepo

After almost one week of profit taking regarding the final confirmation of sales of land at Kuchai, Aji starts to stabilise at around RM 18.50.

Now it is the time to wait for RM 2.1x dividend from the disposal of land, adding to the stabilized share price RM 18.50, realistic price is around RM 20.xx

Are you satisfied with that share price..?

1 month ago

pushparaj

Any news on the special dividend payout. All eagerly waiting for the golden harvest, day

1 month ago

Nepo

Special dividend need EGM to pass..

1 month ago

cheongks1979

@Nepo, reading the circular again, the proposed special dividend is not subjected to shareholders or regular authorities approval.

1 month ago

Nepo

i see, thanks for the info, cheongks1979.

1 month ago

hoplanner

@Nepo at current price + sp divdend 2/-, the share cld go beyond 22.00-23.00

1 month ago

DaiDee

Would like to seek advice from all the sifus here in regards to the special dividend. I currently hold some shares in Aji and I'm still keen to top-up some shares as I view the brand as a long-term investment. But just out of curiosity, are my new investments still valid to receive the dividends or is there a cut-off date based on the announcements? Apologies if this question comes of as silly

1 month ago

Skywalker00

It’s a matter of time before the news of their Participation with Israel on the artificial meat cultivation which have hit Indonesia.

1 month ago

Cryptolover

@Daidee as long as u had those shares one day before the ex-date, then u will get it

1 month ago

DaiDee

Thanks for the advice @Cryptolover ! Appreciate it

1 month ago

JustinX78

Aji is moving higher and higher day after day. Suddenly people recognize MSG can increase the flavor to food? 😁

1 month ago

Nepo

@hoplanner, like this it has gone beyond my expectation..

3 weeks ago

stockraider

Very big div coming mah!

3 weeks ago

goldenhope

RM19.50, no news on the div

2 weeks ago

goldenhope

Special dividend still no news

1 week ago

Cryptolover

Aji looks like gonna break RM20 even before the ex date

1 week ago

EngineeringProfit

Aji is my favourite

1 week ago

MoneyLovesMe

Hello, this is my first time holding AJI shares. Any info from those of you who have had a longer time holding these shares, how was the stock performance in the past? I can see the dividend is so high.

6 days ago

pushparaj

MoneyLovesMe, Need not worry. Good counter with lucrative and generous dividend. Can sleep peacefully, like keeping money in the bank

5 days ago

hoplanner

what is the fair value exDividdend, ?

2 days ago

tim09

becareful the SP 212 may be attractive, but after ex, the price may drop until <14

2 days ago

shareinvestment7

Sell on news. Special dividend is just a set up for banker to dispose their shares to retailers.

2 days ago

MULTIEVER

Sell before exercise date! come back later

2 days ago

hoplanner

tim09@ fair value ex diddv is around 14?

1 day ago

MoneyLovesMe

The best is still UTDPLT, United Plantation, never disappoint me! Good Dividend and capital growth!

1 day ago

BudiLee

Yes, UP is a good one, very consistent growth since 12 years ago.

1 day ago

BudiLee

I saw AJI price start going up today, any idea what will happen until the day before the ex-date and after the ex-date?

8 hours ago

donald770

Aji is around 17 ringgit ex dividend, which is attractive in value with projected growth due to its more efficient new plant, better cost control n its inelastic monopoly demand.

2 hours ago

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