Highlights
KLSE: SOLID (5242)       SOLID AUTOMOTIVE BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
0.20   0.00 (0.00%)  0.20 - 0.205  215,400
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Overview

Market Cap: 81 Million
NOSH: 406 Million
Avg Volume (4 weeks):2,146,327
4 Weeks Range:0.195 - 0.255
4 Weeks Price Volatility (%):
8.33%
52 Weeks Range:0.19 - 0.375
52 Weeks Price Volatility (%):
5.41%
Average Price Target: 2.00
Price Target Upside/Downside: +1.80

Financial Highlight

Latest Quarter | Ann. Date 30-Apr-2020 [#4]  |  30-Jul-2020
Next QR | Est. Ann. Date: 31-Jul-2020  |  26-Sep-2020
T4Q P/E | EY: -11.46  |  -8.73%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.348  |  0.57
T4Q NP Margin | ROE: -2.72%  |  -5.01%

Headlines

Date Subject
05-Aug-2020 Technical Buy- SOLID (5242)
31-Oct-2019 [转贴] AGM游记(2019) —— SOLID - Easy Wong
14-Oct-2019 业绩大跃进 母股暴涨 岩石汽车WA折价扩大/温世麟硕士
29-Sep-2019 This Company's Earnings Improved 2 Quarters in a Row !!! Solid Future Ahead ~

Business Background

Solid Automotive Bhd is engaged in the business of investment holding and the provision of management services. The company operates through three segments. Its Automotive electrical parts segments are involved in the trading and distribution of automotive electrical parts and components. The Automotive engine and mechanical parts segment consist of trading and distribution of automotive engine and mechanical parts and components. The Other segment comprises of property and investment holding and provision of management services. The company has its operations in Malaysia, Middle East, and African countries.
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  6 people like this.
 
Valgrovest Got push....they bought 1400 shares at 3.5 sen. just now.
24/07/2020 12:54 PM
Fly888888 otw to below 0.20 ... good luck , better run ...................
24/07/2020 2:23 PM
dex Fly8888 this counter gonna bull to RM1.00+++ dont play2. hahaha
24/07/2020 10:58 PM
Fly888888 RM1?????? ini blow lembu terbang ni ....
24/07/2020 11:27 PM
Fly888888 dex , below 0.20 you buy me one lembu , above 0.40 i buy u 2 lembu in half year , on ?
24/07/2020 11:33 PM
dex haha, this counter sideways mode. no comment.. i think next QR sure loss one. i still waiting the right time to buy.
25/07/2020 10:29 PM
dex One day show only. Dont get trapped.
28/07/2020 12:08 PM
Valgrovest I think it will all depend on the impending results. If good, we can buy some more. If bad, we need to run fast fast. Just scare kena trapped and cannot run.
28/07/2020 3:21 PM
Valgrovest Looking at the price trend and volume today, it looks like big players purposely pushed up the mother and then the warrants to allow them to exit the warrants (expiring in a few months). Look at the way they baited the buyers and then bit by bit they threw to them. If the latest quarterly results come out tomorrow turns out to be disappointing, all those whose chased warrants today will suffer. So be careful !
28/07/2020 4:15 PM
gghaha dont gv any good hope for the last 6 mths sales due to mco.....just let it sleep for sometimes...
29/07/2020 10:05 AM
Daniel Ngu Laughing at those who missed the escape chance
29/07/2020 4:47 PM
Kawan88 Solid - dont think the coming QR will be good as it hit the MCO period where the business are basically shutting down. The are still the +ve side where company is in debt position with so the finance cost could be reduced due to lower interest rate + contribution & synergy effect from newly acquired subsidiaries..

However, if the operator want push the shares. It can still suceed even with a poor result. Vice Versa. Let's wait for the result tomorrow and the show next week...
29/07/2020 5:58 PM
Solidrock Very strange that warrant up but mother down.
29/07/2020 9:27 PM
Valgrovest Trap. Careful guys, the warrants going to expire soon and will become worthless. Think twice before buying warrants. If want to buy, better buy mother.
29/07/2020 10:56 PM
Valgrovest Besides, i suspect the qtr results not good - they are pushing to the last day i.e. tomorrow to announce.
29/07/2020 10:58 PM
Valgrovest The warrant price is tumbling down....run before it is too late.
30/07/2020 3:08 PM
howard omg QR

https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5242
30/07/2020 5:19 PM
howard Hugh loss
30/07/2020 5:20 PM
MMMMM I think everyone is expect a huge loss during these period of time. Wait.
30/07/2020 5:26 PM
Valgrovest As expected (see my earlier comments), company fell into the red with RM9m losses. Why gon and chase the warrants? Next Monday sure big drop !
30/07/2020 5:27 PM
Solidrock The bad result is expected when they delay reporting the QR.
30/07/2020 5:27 PM
howard sum up previous 13's QR net profit also cannot cover this QR loss
30/07/2020 5:32 PM
howard Sum up previous 13's QR net profit only 8.2 mil, but this QR loss 8.6 mil
30/07/2020 5:36 PM
Fly888888 Fly888888 Solid Cash Flow this QR.

cash = 16,180 m

Liabilities = 21,664 m
Current Liabilities = 73,593 m

Total = 95,257 m

Nothing to say ... see you below 0.20 & the Right issue may come , so run fast fast ...

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3073289
30/07/2020 5:57 PM
Kawan88 solid.gg.com.my
30/07/2020 5:57 PM
Fly888888 Kawan88 - to GG ... the cash is damn less to cover current liabilities , may be right issue is coming ??
30/07/2020 5:58 PM
dex Walaweeiiii. As expected. I told u already. Its gonna be red liaoo.
30/07/2020 6:34 PM
aubergine6958 fly88888 - yes. I feel they need cash. so I tot they will push up the shares let the warrant to be in the money so people will convert
30/07/2020 6:40 PM
gghaha Next two qtr also won’t hv good results...just wait next yr again...
31/07/2020 6:40 PM
Valgrovest For warrant holders - better run and get back whatever capital u can recover. Warrants going to expire in few months time and soon it will drop to 1/2 sen. I sold all my warrants at a loss and just hold on to mother shares.
03/08/2020 9:24 AM
yameyamo Liamu This solid , tak solid langsung
04/08/2020 4:25 PM
yameyamo friday gone....expert... what now?
10/08/2020 1:05 PM
OckBoy cash so few, do what business oh, dont wan to out own money to do business one? last time from 2.00 ++ until 0.20, can understand, what they want to do?
10/08/2020 11:26 PM
OckBoy how high can push sin. haha
11/08/2020 8:27 PM
L A will be fly again buy more already
12/08/2020 12:23 PM
OckBoy 0.20 d . hahahahahahahahaha
14/08/2020 6:42 PM
Valgrovest Only directors support can rescue this counter.
25/08/2020 8:55 AM
OckBoy pocket sendiri mana mau keluar duit
25/08/2020 8:24 PM
dompeilee Bought Solid @ 21c
26/08/2020 10:48 AM
Valgrovest 300k buy queue at 0.23 - directors woke up to goreng?
27/08/2020 8:44 AM
Valgrovest goreng started today.....up up solid gold
27/08/2020 9:09 AM
sasusa Up up
27/08/2020 11:02 AM
sftong2000 Alamak, this stock should change name to "TAK SOLID".

Or "SOLID LOSS" !

Maybe Valgrovest and Dompeilee already dumped. That's why.
28/08/2020 10:43 AM
Valgrovest I am still holding the mother. Dumped all the warrants as they are going to expire in 3 months.
29/08/2020 9:23 AM
BearishTrend Manage buy position below 20cts
01/09/2020 5:00 PM
sasusa Not moving at all
02/09/2020 9:33 AM
Valgrovest Directors still sleeping or run out of bullets to move.....
03/09/2020 10:19 AM
Valgrovest At current price of 0.195 no stupid idiots holding the warrants will convert them having to fork out another 0.21. The warrants will probably just lapse by Dec20 and company is even more stupid as it will not derive any cash inflow from warrants conversion. Hope the BOD wake up to this and do something to support their share prices!!!
11/09/2020 10:24 AM
gghaha WAITING 0.15.....:)
11/09/2020 4:45 PM
CUTLOST Ok loor not drop much.. 20cts look stable
24/09/2020 2:47 PM


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