Highlights
KLSE: ATTA (7099)       ATTA GLOBAL GROUP BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.475   -0.015 (3.06%)  0.455 - 0.49  25,900
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Overview

Market Cap: 100 Million
NOSH: 210 Million
Avg Volume (4 weeks):15,227
4 Weeks Range:0.43 - 0.50
4 Weeks Price Volatility (%):
64.29%
52 Weeks Range:0.43 - 0.85
52 Weeks Price Volatility (%):
10.71%
Average Price Target:-

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2019 [#4]  |  30-May-2019
Next QR | Est. Ann. Date: 30-Jun-2019  |  30-Aug-2019
T4Q P/E | EY: 14.21  |  7.04%
T4Q DY | Payout %: 4.11%  |  59.35%
T4Q NAPS | P/NAPS: 1.6115  |  0.29
T4Q NP Margin | ROE: 4.59%  |  2.04%

Headlines

Date Subject
05-Aug-2019 ATTA Global Group Berhad (KLSE) #RTable - CashRich Series - YAPSS
16-May-2019 PublicInvest Research Headlines - 16 May 2019
05-Sep-2018 PublicInvest Research Headlines - 5 Sept 2018
04-Sep-2018 ATTA Global takes 80pc stake in property developer

Business Background

ATTA Global Group Bhd is engaged in shearing and re-shearing of metal, slitting of steel coil and flat bars, steel roofing, wall cladding, structural floor decking, manufacturing and marketing of perforated metal, cable support systems, screen plates and steel furniture and industrial recycling of scrap metal. The company’s segments include Manufacturing and processing of metal related products; Trading of metal related products and Others that include letting of industrial and commercial assets, management consultancy and recreational and leisure activities. Majority of the revenue is derived from the metal recycling business. The company’s operations are in Malaysia from where it earns the majority of profit and other countries.
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  anthonylow likes this.
 
Marcel Choo I believe it has to do with the drop in prices of other major Steel companies such as Press Metal, Masteel etc. coupled with overall bearish market due to drastic drop of the US market. I hope such phenomenal is temporary in view of the fundamentals available in Atta.
23/03/2018 4:53 PM
StoneColdHunter I thought steel price doesn’t affect ATTA anymore as it doesn’t solely depend on steel business currently, it has already diversified its business to property development which contributed more than 25% of profit during last QR.
23/03/2018 10:35 PM
Marcel Choo Generally, the investing public still consider Atta as a Steel company until the development starts to generate bigger percentage of income for the company. If you refer to their web site, the core business is still steel related.
23/03/2018 11:09 PM
StoneColdHunter @ Marcel Choo, thanks for your kind info and explanation. Price might go dipper as Donald Duck just started Trade War with China. T__T
24/03/2018 9:46 AM
Marcel Choo You are welcome. Just too bad on the trade war. Everyone to pray hard.
25/03/2018 1:01 AM
kingcobra GET READY FOR rEbOuNd!!!!!!!!!!!!!
09/04/2018 9:02 PM
KKNgWsl Hope so
09/04/2018 9:33 PM
steelman wow! suddenly some acttivity here. hope the rebound comes as I hve collected some below .85c mother and pa at .18c
10/04/2018 2:04 PM
WarrantBuffett As I know this the best company in the market,low gearing and cash rich.we just invest few million shares for last 2 month and also a lot of PA and LA for future convertion
10/04/2018 9:09 PM
addison25 good looking today
14/05/2018 2:49 PM
steelman after x dividend.price still maintained
15/05/2018 5:06 PM
k6ii OOI CHIENG SIM, acquired so much of share..akan meletup ke?
15/05/2018 9:43 PM
Marcel Choo Price transacted for Ooi Chieng Sim stake at RM0.75 a piece. A discount of RM0,14 from Friday's closing price.
21/05/2018 12:55 AM
addison25 When qr
25/05/2018 12:16 PM
k6ii is this week result out?
28/05/2018 2:46 PM
StoneColdHunter Suddenly jump oh!
28/05/2018 3:09 PM
k6ii Qr report is out
01/06/2018 12:18 PM
StoneColdHunter Why suspended? Good news coming in??
01/06/2018 12:46 PM
Booyah Can anyone share what happened? Why is it still suspended?
11/06/2018 10:53 AM
ddd ccc no idea....hopefully good news
12/06/2018 9:17 AM
k6ii Anyone know Atta Hotel? Is it belong to Atta group?
23/06/2018 7:00 PM
StoneColdHunter No idea. You may call and see. :P
25/06/2018 9:58 AM
k6ii Atta Properties will also acquire Scanrite, which owns a piece of land in Kulim, Kedah for RM2 million. In a valuation dated Aug 6, 2015, Rahim & Co indicated the value of the land was RM2.88 million.

http://www.theedgemarkets.com/article/atta-global-buys-two-property-development-companies-rm75m
12/07/2018 8:01 PM
k6ii Siapa nak pergi AGM?
02/08/2018 5:54 PM
SuperPanda So quiet here so i park some at 85c 300 lots
09/08/2018 1:21 PM
SuperPanda I reckon metal roof biz is good, steel also good but property not sure. Lets see in a month time where it will go.
09/08/2018 1:22 PM
k6ii Atta hotel seem like complete soon..don know bila opening
09/08/2018 4:31 PM
StoneColdHunter Hi SuperPanda, great to see you here.
11/08/2018 1:37 PM
SuperPanda Low volume but div very attractive. Coming qtr may hve final div.
Stop loss 80c
14/08/2018 3:08 PM
RJ87 Ur 300lots is 100shares or 1000 shares?
15/08/2018 9:06 AM
SuperPanda 1 lot = 100 share. 300 lots = 300 x 100 share = 30k shares.
15/08/2018 2:09 PM
k6ii Superpanda, confident on the qr report? Any news about the Atta Hotel?
15/08/2018 5:46 PM
SuperPanda I have re-analyze this counter and found below:

good:
- high dividend
- low pe

bad:
- slim margin on manufacturing/trading
- most good earnings in prev qtr from others income (asset value,etc)
- NOSH very very small, low liquidition (no wonder div is high to reward holders)

opportunity:
- property sector may contribute to earning move forward

after re-consider, i decided to left and put the capital in somewhere else
16/08/2018 9:58 AM
StoneColdHunter Result came out d
30/08/2018 7:20 PM
k6ii Result how? Important will up or not?
30/08/2018 11:18 PM
steelman other recievables is now RM83M, What are this items?,What happens if it is not collectible!
03/09/2018 11:13 AM
StoneColdHunter http://www.klsescreener.com/v2/news/view/426826
05/09/2018 2:56 PM
StoneColdHunter http://www.klsescreener.com/v2/news/view/426826
08/09/2018 4:07 PM
commonsense At first glance, the company seems to be undervalue given the low PE multiple of 4.5x. However, after further verification, a big portion of the profit in 3Q and 4Q 18 was mainly due to fair value gain on investment amounting to RM25mil. Excluding those gains, the combined profit for the 3Q and 4Q18 would have fallen to only around RM500k. 1H19 core profit excluding gain on investment is only RM2mil. This means the 12 months trailing core profit for the company is only RM2.5mil. At the current price this would mean that the company is actually trading at a very high PE valuation of 50x. Even if the company managed to record a profit of RM5mil in FY19, this would still mean it is trading at a forward PE of 25x. Normally, investors would expect a steady profit growth of at least 15% (for the profit to double in 5 years) which the company might find it difficult to deliver given the current market condition.

If you are looking to diversify your portfolio outside of Atta Global (due to the high PE valuation and the weaker earning growth in the near term) 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 6.5x PE (based on target FY18 PATAMI of RM145mil. 9m PATAMI is already RM106mil). PB is low at only 0.6x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

For FY19 growth will be driven by the still high demand of new Myvi and the newly launched SUV and also the new Alza in 2H19.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. Most analysts have a TP of above RM3 for the company with Hong Leong being the lowest at RM3.13 and Maybank the highest at RM4.50.

Good luck.
13/01/2019 4:54 PM
Mamat_Win thanks for sharing your view, appreciate it
18/01/2019 3:59 PM
factorrumour are they aborting property sector? any news or update?
13/02/2019 9:19 PM
richmao super bad result
26/02/2019 9:47 AM
NicholasNWH90 Wake up atta.
26/04/2019 4:01 PM
Booyah Shittiest stock ever
27/05/2019 4:07 PM
ddd ccc no dividend for this year?
10/06/2019 1:58 PM
HuatAh8809 Damn damn damn, hopeless counter..
18/07/2019 7:15 AM
ddd ccc ATTA please give higher dividend like last time
02/08/2019 9:37 PM
Aerospace anybody here still holding atta?
09/08/2019 8:30 AM
fukalex mi..... any good news?
09/08/2019 1:02 PM
Aerospace cant find any good news. keep losing right now.
13/08/2019 8:34 AM


 

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