PublicInvest Research
TECHNICAL BUY: ACO (0218)
PublicInvest
Publish date: Mon, 27 Jan 2025, 09:20 AM
PublicInvest
0 11,530
An official blog in I3investor to publish research reports provided by PublicInvest Research team.
All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp
PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718
All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp
PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718
| Key Technical Analysis | |||
| Last closing price: RM0.225 | |||
| Support Level | Share Price | Resistance Level | Share Price |
| 1st Support | 0.220 | 1st Resistance | 0.240 |
| 2nd Support | 0.205 | 2nd Resistance | 0.250 |
| 3rd Support | 0.195 | 3rd Resistance | 0.265 |
Description
ACO is a Malaysian distributor of electrical products and accessories for industrial, commercial and residential use.
Fundamentals
The Group is working to expand its product range, including original equipment manufacturer (OEM) offerings, to better serve current customers and reach new market segments.
| Key Financial Data | |||
| Growth / Ratio | FY22 | FY23 | FY24 |
| Revenue growth (%) | 12.97 | 6.07 | 3.70 |
| Normalised net income growth (%) | 148.19 | -29.76 | -46.49 |
| Return on equity (%) | 8.99 | 6.60 | 3.33 |
| Return on asset (%) | 4.93 | 3.84 | 1.97 |
| Price earnings ratio (x) | 13.00 | 11.25 | 21.50 |
| Price to book ratio (x) | 1.07 | 0.87 | 0.81 |
| Debt to equity ratio (%) | 32.81 | 28.68 | 23.75 |
Source: PublicInvest Research - 27 Jan 2025
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
241.38%More articles on PublicInvest Research
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
M+ Online Research Articles
2
THE INVESTMENT APPROACH OF CALVIN TAN
AFTER ALL THE ACCUSATIONS & ALLEGATIONS CALVIN TAN WANT TO POST THE TRUTH IN DEFENSE, Calvin Tan
3
MQ Market Updates
4
RHB Investment Research Reports
5
TA Sector Research
6
HLBank Research Highlights
7
THE INVESTMENT APPROACH OF CALVIN TAN
8
Rakuten Trade Research Reports
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
