Highlights
KLSE: ASIABRN (7722)       ASIA BRANDS BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
0.36   0.00 (0.00%)  0.00 - 0.00  0
Trade this stock for as low as 0.05% brokerage. Find out more.

Additional Listing

Hints :
[1] Click the View Entitlement icon table to view the Additional Listing detail page.

Click here to modify the Visible Columns.

Ann. Date Date Type Units Price Total NOSH View
11-Jan-2019 14-Jan-2019 Rights Issue 116,323,800 0.350 232,647,600 Additional Listing Detail
14-Mar-2018 15-Mar-2018 Others 37,206,586 0.741 116,323,800 Additional Listing Detail
18-Jun-2013 19-Jun-2013 Private Placement 7,192,400 3.300 79,117,214 Additional Listing Detail
29-Nov-2012 30-Nov-2012 Acquisitions 30,137,615 2.180 71,924,814 Additional Listing Detail
Analyze this stock with MQ Trader system

  gangnam likes this.
 
kcfan Profit taken day's.Today reduce hold position on this counter.
23/07/2012 23:07
HorseyKL I still hold mine tight tight..!Got feeling it will be more that this..lol
25/07/2012 10:31
KC Loh good job bro, systematic order! OTK OTK! :)
06/09/2012 12:30
HorseyKL wah..must laughing all the way to the bank kcfan...congrats.
11/09/2012 11:02
kcfan Thanks horseykl.Currently waiting for next opportunities on some targeted future potential stocks.To move home in current stage .Let's explore more if right market sentiment available
11/09/2012 13:57
mk88 major shareholder Ng kept collecting the share, shareholding at 65%. target above rm3 in 6 months period
25/12/2012 17:24
mk88 as major shareholder is holding about 70% share is a positive news as they will likely to play up the share price to sell down their stake later

there is too much at stake for them not to do well, chances is profit next quarter will jump, then create some excitement and goreng
06/01/2013 21:16
mk88 steady up towards EGM
10/01/2013 16:08
tonylim Bila EGM?
10/01/2013 16:26
mk88 25/1, change name to Asia Brand
13/01/2013 15:55
mk88 my target price is around RM4
13/01/2013 15:56
mk88 sold to switch counter with faster upside,

good profit, tq HY
23/02/2013 17:32
permastan 4.00
14/08/2013 19:03
Kesley Tan Very solid quarter - Revenue triple up, profit 11 million compare to previous year of 0.2 million.
15/08/2013 18:47
calow1 Wahhh Quarter1 Result so solid. Beyond Expectation compare to Kenanga analysis. Likely will be rerated with TP above RM4.00. Today price alone shoot up from 3.61 to 3.70.. tempted. Should buy? anyone?
16/08/2013 09:44
kcfan More upside to go...
16/08/2013 22:27
calow1 the star just reported about the profit growth today at 4.25pm... expect some more movement this monday :)
went in today at 3.68
16/08/2013 22:32
cytew Expect some share split exercise to come soon in order to improve trading liquidity either through bonus issue or share split.
18/08/2013 16:19
ipomember After the disposal of non-core assets and acquisition of Audrey, Anakku and etc, the company is poised to focus on building up the brands. It looks good as i believe the newly acquired brand have their market too(in fact Anakku has the largest market share in baby apparel).. Someone willing to share somemore?
18/10/2013 20:24
BroStockTrader Post removed. Why?
12/11/2013 15:19
ipomember lol dont share please. haha
12/11/2013 15:20
HorseyKL suddenly got movement..any good news?
18/03/2014 11:44
671811869 more to come :D
19/03/2014 09:42
johnny cash Asia Brands (AAB MK)----------dated 26//03//14


Technical BUY with +17.6% potential return
Last price : RM4.04
Target Price: RM4.52, RM4.75
Support : RM3.92
Stop-loss: RM3.88
BUY with a target price of RM4.75 with stop
loss placed below RM3.88. AAB’s share price
made a breakout above both the “cloud” and
medium-term downtrendline on 18 Mar 14
before experiencing a minor pullback amid
profit-taking activity. As the selling pressure
has eased, AAB resumes the upward climb
and tested the recent high at RM4.04
yesterday. Given renewed buying interest
following the higher trading volume of 0.46m
shares registered yesterday, we expect the
share price to nudge higher along the longterm
uptrend line. The sloping 10-day and 21-
day SMA lines should support AAB’s
movement on the back of surging momentum
as flashed by an uptick in RSI. We peg our
upside target at the 1.61x Fibonacci extension
level of RM4.75 over the medium term.
27/03/2014 07:11
lai81533 high sales lead to high profit high share price target rm5.00
06/04/2014 21:53
lai81533 this company lauch new t shirt bras and almost sold off for every promotion, means good profit and returns to shareholders.
07/04/2014 13:37
lai81533 bot 10,000 last week and make rm2000 profit. Ha Ha Ha. Please sell and buy yinson-ca to make another round of profit rm10,000 so easily.
19/04/2014 12:29
funitec Good management.!! Long term ........
24/06/2014 00:10
lai81533 donwntrend
23/10/2014 08:03
logitrader http://www.klse.my/stock/insider/director/all/7722.jsp
26/12/2014 22:31
logitrader http://www.klse.my/financial/quarterResult/YoY/quarter/7722/31-Dec-2014.jsp
28/02/2015 00:14
lai81533 not marketable.
14/04/2015 07:52
taihai why? diferrend of Q3 - 19.3m and eps only loss 4.8 cents?
11/05/2015 16:11
lai81533 bras business not so good. right?
13/06/2015 12:03
keyin Blood vomit.
25/06/2015 22:30
nice1 wah, price so low now
much below my selling price
goring game over
26/06/2015 07:15
calvintaneng Price at Rm1.75 low?

Last time I bought this Hing Yap at only 60 cents.
26/06/2015 08:03
nice1 when I sold at good price at that time
don't think the profit was sustainable with huge loan taken to finance
the takeover
26/06/2015 08:32
warren buntut everything calvin bought also very low price 1 and he never suffer any loss during his entire investment career

really warren buntut of malaysia
26/06/2015 08:42
keyin Dont laugh people's
27/06/2015 16:44
ViWizard u can buy but u cant sell.. muahahaha
02/07/2015 10:21
lai81533 After physical inspection during shopping noted their business is not good. Better stop invest this counter.
05/09/2015 16:15
nice1 sales is going down but debts still high
05/09/2015 17:41
richman_chua Post removed. Why?
13/12/2015 10:15
ViWizard wow magic stock hancur
17/07/2016 19:11
10210111317044674 as u said is magic, bagi dia masa sikit untuk sembuh ...
06/10/2016 17:46
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 23:03
OMR@obm_4558 Apa dah jadi...
Any news????....
17/12/2017 11:18
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
WangLingxin wow thanks for the info
14/01/2019 10:02


 

1880 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 SCOMNET 0.6450.00 
 KOTRA 1.700.00 
 UCREST 0.290.00 
 PINEAPP 0.280.00 
 PUC 0.1050.00 
 WILLOW 0.470.00 
 ARMADA-C39 0.0050.00 
 IRIS 0.1450.00 
 UEMS-C60 0.0050.00 
 BTECH 0.230.00 
Partners & Brokers