Highlights
KLSE: ASIABRN (7722)       ASIA BRANDS BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
0.555   +0.005 (0.91%)  0.555 - 0.555  100,000
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Overview

Market Cap: 129 Million
NOSH: 233 Million
Avg Volume (4 weeks):59,144
4 Weeks Range:0.535 - 0.645
4 Weeks Price Volatility (%):
18.18%
52 Weeks Range:0.40 - 0.985
52 Weeks Price Volatility (%):
26.50%
Average Price Target: 1.27
Price Target Upside/Downside: +0.715

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2021 [#1]  |  24-Aug-2021
Next QR | Est. Ann. Date: 30-Sep-2021  |  20-Nov-2021
T4Q P/E | EY: 9.12  |  10.96%
T4Q DY | Payout %: 1.80%  |  16.44%
T4Q NAPS | P/NAPS: 0.93  |  0.60
T4Q NP Margin | ROE: 8.09%  |  6.54%

Headlines



No recent Headlines for this stock.


Business Background

Asia Brands Bhd is engaged in the operation of retailing and distribution of ready-made casual wear, children wear, ladies wear and their related accessories. The company operates its business through three segments, Baby division; Innerwear division; and Casualwear division. The Baby division contributes the vast majority of total revenue. The company provides its products under the brand of Anakku, Disney Baby, First Care, Audrey, and Kawaii. The company operates predominantly in Malaysia.
Analyze this stock with MQ Trader system

  gangnam likes this.
 
nice1 sales is going down but debts still high
05/09/2015 5:41 PM
richman_chua Post removed. Why?
13/12/2015 10:15 AM
ViWizard wow magic stock hancur
17/07/2016 7:11 PM
TF Tan as u said is magic, bagi dia masa sikit untuk sembuh ...
06/10/2016 5:46 PM
fatalerror They are trying to close some of the branches...my friend lend a shop to them now they are trying to move out...
10/10/2016 11:03 PM
OMR@obm_4558 Apa dah jadi...
Any news????....
17/12/2017 11:18 AM
commonsense Hi OMR,

The company’s financial performance reflects the challenging market environment faced by the retail apparel industry especially with the fast-growing threat from the online businesses (for Malaysia it has to be Lazada who is backed by Alibaba). Asia Brand has been making big losses for the past 3 financial years (from FY16 to FY18). 1H19 showed some improvement (profit of RM2.4mil) but is still far from the company’s glory days when it managed to record a profit of RM28mil in FY14. Assuming the company managed to reach a profit of RM5mil in FY19, at the current share price it is still being valued at roughly 17.6x PE.

Bigger issue consists of its balance sheet where as of Sept 18 it has a total debt of more than RM100mil (of which most of it needs to be settled in 12 months) and only RM6.7mil cash. The right issue had only managed to increase the cash balance to RM47mil which means that the company still need to raised some more capital in order to pay its debt. Another way is for the company to refinance the debt but given the increasing interest rate trends, it would mean that the company will have to pay higher interest rate in the future.

A big portion of the company’s assets are actually in the form of intangibles (brands) and goodwill. Total net tangible asset (after right issue) should be around RM30mil only or RM0.13 per share. This would mean that the company is currently trading at a high of almost 3x PB.

If you are looking to diversify your portfolio outside of Asia Brands (due to weak earnings growth and weak balance sheet) 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.
14/01/2019 10:01 AM
WangLingxin wow thanks for the info
14/01/2019 10:02 AM
VenFx Hahaha

commonsense, what a good way in promoting other counter in other threads.

As long as its a quality infos & fact.
I can accepts that.

Thanks bro
26/08/2019 12:12 PM
dex aigooo cheap buy. gonna drop even more
30/05/2020 9:33 PM
BigZakar Good quality lingerie, better than caely
27/08/2020 2:07 PM
Bolihkid Great results. With Anakku won't go wrong
22/11/2020 2:33 AM
Abdulhamid Limit up..wow
23/11/2020 3:22 PM
Yu_and_Mee This company has name changed?
23/11/2020 5:08 PM
Bolihkid Anakku and Audrey belongs to Asia Brands
24/11/2020 9:35 AM
HorseyKL Yu_and Mee last time used to be Hing Yap.
24/11/2020 10:34 AM
HorseyKL ATP 1,27, Go Go Go...Huat ah
24/11/2020 10:42 AM
Yu_and_Mee Hing Yap, never heard before. Anyway, thanks, @HorseyKL
24/11/2020 1:56 PM
whizzkid why cannot sell today?
25/11/2020 9:35 AM
Bamboo Green Tough business right now, work hard to survive, don’t think about grow
09/02/2021 1:11 PM
thesteward V v nice already hopefully tomorrow spike or next week after cny break
09/02/2021 9:18 PM
XxxxXzz Go woodlandaor same game also
19/03/2021 2:34 PM
19/03/2021 2:38 PM
Hello_cannot I heard Chin Hin's boss is going to acquire this company, is it true?
19/03/2021 6:17 PM
BigZakar i love audrey lingerie.................
19/03/2021 8:23 PM
risktoreward only manage to match 3 lots @ 0.575. alang alang
29/07/2021 6:45 PM
wallstreetrookie The spreads are so big
29/07/2021 6:46 PM
risktoreward Yes. Illiquid
29/07/2021 7:52 PM
ipohwhitecoffee 0.575?

But today's range 0.59 to 0.75 wor....
29/07/2021 9:33 PM
risktoreward Hehe check me ya? I queue for days dy, u check la I also duno which day
29/07/2021 9:56 PM
ipohwhitecoffee ok bro. No worries. Cz i also entered this and I support you and Asiabrands!

Let's huat together. hahahahaha!
29/07/2021 10:00 PM
risktoreward cool! but i sikit je
I support u baru betul, go go LU
29/07/2021 10:02 PM
wallstreetrookie Tan Thian Poh, the head of Asia Brands Bhd., a clothing manufacturer, said the regulations mean he hasn’t been able to produce apparel for two months, delaying deliveries to foreign buyers. His factories’ only lifeline has been producing personal protective equipment, which is deemed an essential sector by the government, although even then he is restricted to 60% of his usual workforce. He said that clothing buyers may eventually switch to suppliers from outside Malaysia. “This uncertainty has impacted us very, very badly,” he said.

WSJ | Economics
03/08/2021 7:27 AM
risktoreward nibble some @ 0.58
06/08/2021 12:56 PM
awesome20 asiabrn after ppl forget will break 1.00 level
in nov/dec probably
09/08/2021 8:31 PM
ding dong awesome20 @ yep u are right
14/08/2021 11:39 AM
thesteward Yes awesome 20 you could be right . V good FA co
27/08/2021 4:03 PM
thesteward No result bomb
27/08/2021 4:03 PM
risktoreward Perhaps no need nov/dec, it wants to have a go right now
30/08/2021 5:49 PM
thesteward Wah sui
02/09/2021 2:59 PM
thesteward Year high is 98.5 sen . Hope this time can go ath . Hoping
02/09/2021 5:26 PM
risktoreward Asiabrands accumulating power
06/09/2021 11:23 PM
thesteward Gap almost closed . Once spike could be real big
14/09/2021 6:34 PM
risktoreward Holding alot
14/09/2021 7:01 PM
ipohwhitecoffee One day buy 1 lot, sure got one day spike to sky high. This gonna be real game
14/09/2021 7:17 PM
thesteward Market not nice
14/09/2021 7:29 PM
thesteward V tough
14/09/2021 7:40 PM
risktoreward Yes, need patience
14/09/2021 8:15 PM
thesteward Year high 98.5 sen . Risk vs reward is good for me
14/09/2021 10:03 PM
risktoreward Asiabrand is near
17/09/2021 10:41 PM


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