Highlights
KLSE: APPASIA (0119)       APPASIA BHD ACE : Technology
Last Price Today's Change   Day's Range   Trading Volume
0.105   0.00 (0.00%)  0.105 - 0.11  355,000
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Overview

Market Cap: 36 Million
NOSH: 345 Million
Avg Volume (4 weeks):1,149,211
4 Weeks Range:0.09 - 0.125
4 Weeks Price Volatility (%):
42.86%
52 Weeks Range:0.09 - 0.36
52 Weeks Price Volatility (%):
5.56%
Average Price Target: 0.46
Price Target Upside/Downside: +0.355

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2018 [#3]  |  27-Nov-2018
Next QR | Est. Ann. Date: 31-Dec-2018  |  23-Feb-2019
T4Q P/E | EY: 86.11  |  1.16%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 7.88  |  0.01
T4Q NP Margin | ROE: 0.20%  |  0.02%

Headlines

Date Subject
02-Oct-2018 PublicInvest Research Headlines - 2 Oct 2018
02-Oct-2018 Mplus Market Pulse - 2 Oct 2018
01-Aug-2018 Trading Stocks - AppAsia
13-Jun-2018 Mplus Market Pulse - 13 Jun 2018
26-Feb-2018 营业额大跃进 亚洲APP-WA有看头/温世麟

Business Background

AppAsia Bhd engages in the research and development and sale of information communication technology (ICT) security systems, and provision of related professional services. It operates through the following segments: ICT Security Business, E-Commerce Business, and Management Services. ICT Security Business segment provides the solutions, products, and services in the information technology security sector. It includes managed security services, security-enhanced enterprise solutions, and specialized training services. E-Commerce Business segment engages in the research, development, and operation of the e-commerce websites and mobile applications. Management Services segment is focused on investment holding and provision of management services. Firm’s majority revenue comes from Malaysia.
Analyze this stock with MQ Trader system

  4 people like this.
 
germaine jibby son company
02/08/2018 11:59
slng crawling back to 0.4 but that will take half year haha
08/08/2018 10:02
Yolo Trader slow and steady is the road to victory hahaha
08/08/2018 10:24
Lim Tek Wai Slowly but surely !
08/08/2018 10:41
Jasper Coo never regret for buying this
08/08/2018 11:32
azta12 still accumulating.
08/08/2018 15:50
MAL TON 烂股
08/08/2018 18:03
satha44 40sens....no way
09/08/2018 07:44
slng 52 Weeks Range:
0.175 - 0.43
09/08/2018 09:46
steeelman quarter result is good yoy , 0.3 incoming , buy now before too late
09/08/2018 12:24
slng downtrend … have to break
09/08/2018 14:56
MAL TON @steelman 不要叫人接票啦
09/08/2018 19:29
MAL TON LAOZYstock
09/08/2018 19:31
steeelman hold until qr
14/08/2018 21:14
MAL TON GG
14/08/2018 23:00
tressele today fly
15/08/2018 08:06
tressele TP 0.255
15/08/2018 11:11
tressele collectingg..
15/08/2018 11:22
Lim Tek Wai nice price
15/08/2018 11:39
MAL TON GG lo
15/08/2018 12:44
tressele really strong support at 0.23
15/08/2018 16:12
MAL TON NO suport
16/08/2018 12:46
tressele wake up already
20/08/2018 09:48
tressele TP 0.255
20/08/2018 09:48
tressele good result is coming
20/08/2018 09:52
Lim Tek Wai Good potential stock, bought it !!!
20/08/2018 10:36
Oliveoil Expecting good QR?
20/08/2018 11:05
MAL TON QR boom la hahaha
20/08/2018 13:41
chashao Do any one know what are the other income in the Q1 quarter report they refer to ? I notice although the Appasia revenue is significant increase for last 3 quarter, however without "other income" appasia are unable to make any profit.
21/08/2018 01:21
Jasper Coo Very interesting stock ! Worth to invest tho
21/08/2018 11:22
MAL TON HAha sohai stock
21/08/2018 18:49
TopEarn1 Huh? Malton come talk rubbish?? Lolllll
22/08/2018 00:04
Jasper Coo wah, suddenly fly because of no road block today. Profit everyday thanksss
23/08/2018 12:07
TopEarn1 QR still nice despite drop little!
23/08/2018 18:31
MAL TON 哈哈 傻的 都说了烂公司了 业绩烂啊
23/08/2018 19:43
TopEarn1 yes sir, u are right.
23/08/2018 20:32
Notconfused Fantastic QR, -3000+%
23/08/2018 20:38
Larrytrader I think it is a good timing to buy in now








If you are stupid
23/08/2018 20:40
steeelman alamak !
23/08/2018 20:54
MAL TON 早就说了啊 还叫买
23/08/2018 21:38
MAL TON !!!!
23/08/2018 21:38
steeelman how u know lousy?
26/08/2018 22:23
apolloang jibby's son pump and dump this stock already then take money to Taiwan to spend....hahaha
26/08/2018 22:53
Vnew what happen
07/09/2018 09:11
MAL TON KEEP haha crazy
08/09/2018 23:57
BetterTomorrow dying , nobody doing biz
03/12/2018 10:57
birkincollector Mcm can consider
30/01/2019 18:27
azta12 accumulate now and keep. low level before it start kicking again.
31/01/2019 12:15
commonsense The company has never been able to deliver a full year profit for the past 10 years. 2017 saw the company’s revenue jump substantially which was mainly due to the launch of their new ecommerce platform.

That being said, the high revenue from the ecommerce business did not translated to a more consistent profit to the group. Profit to shareholders is still lumpy with 9m18 registering a profit of around RM600k only. However, if you exclude all the one-off items (impairments, write off, gains on disposal etc), the 9m18 result would have been a negative of RM200k. Investors need to be prepared for the company to still post core net losses in the FY18 and potentially in FY19 as well.

Still not sure how the company will be able to compete with the likes of Lazada, 11th Street, Shoopee and Mudah which all are expecting to invest more aggressively in their platform development in 2019. Lazada alone (which is backed by Ali Baba) is expected to spend more than RM1bil in capex for 2019.

If you are looking to diversify your portfolio outside of AppAsia (due to its weak earnings outlook), I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

FY19 growth will be driven by the still high demand of the new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company’s profit by an additional RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.9x PE.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analysts is around RM3.50.

Good luck.
11/02/2019 12:58
azta12 collect now.
19/02/2019 15:03


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