Koon Yew Yin's Blog

AYS share private placement at 76 sen - Koon Yew Yin

Koon Yew Yin
Publish date: Wed, 03 Nov 2021, 04:07 PM
Koon Yew Yin
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An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.

All materials published here are prepared by Mr. Koon Yew Yin

On 2nd November AYS placed out 38 million shares at 76 sen to big investors who are familiar with the company operation and its profit growth potential. No investor would buy 38 million AYS shares unless he knows the company’s business and its management.

AYS latest quarter EPS 8.5 sen and its previous quarter EPS was 4.45 sen, an increase of about 100%. Assuming its profit remains unchanged, its annual profit should be 4 X 8.5 sen = 34 sen. Currently it is selling at 72 sen. The PE is 72 sen divided by 34 sen = 2. Ridiculously cheap.   

How is the share placement price fixed?

According to Security Commission rule, the placement price should not be less than the average price in the last 5 trading days with a maximum discount of not more than 10%.

Currently AYS is selling below the share placement price of 76 sen and at PE 2.   

 

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Discussions
Be the first to like this. Showing 16 of 16 comments

abang_misai

Apa lagi uncle mau? Kalu tak sudah tak suka, boleh balik ke negara asal.

2021-11-03 16:33

awankign007

Uncle suka low PE. SUPERMX yr favourite kikiki

2021-11-03 17:04

Shinnzaii

uncle said never buy down trending stock...follow larh...many debt and less cash not so secured...now is the right time to service their debts through private placement...cheers

2021-11-03 17:11

rogers123

its annual profit should be 4 X 8.5 sen = 34 sen <-- Salute ur assumption

2021-11-03 20:33

rogers123

Apa lagi uncle mau? Kalu tak sudah tak suka, boleh balik ke negara asal. <-- U meant CHINA or HELL?

2021-11-03 20:34

Colgate

Uncle Kyy do you want to help Bilis?

2021-11-04 13:18

qqq3333

Posted by rogers123 > Nov 3, 2021 8:33 PM | Report Abuse

its annual profit should be 4 X 8.5 sen = 34 sen

========

a time for quarter X 4

a time quarter X 4 don't work.

2021-11-04 13:20

qqq3333

bull market
quarter X 4 sure work.

bear market
quarter X 4 don't work.

2021-11-04 13:22

SureWin1Woh

Ini kindergarten punya mathematics class ker..

x 4 ---> so easy

Tons of variables affecting biz nowadays..

Haih... Uncle back to kinderten liao

2021-11-04 14:21

SureWin1Woh

Whatever said, uncle muust be veli hapi with his AYS articles occupying 4 out of 8 slots in the most-read chart.

All kutuk but still like to read what he wrote.... lol

2021-11-04 14:51

abang_misai

Top 4 for what? Margin calls fuelling his motivation to write the same things again and again.

2021-11-04 16:34

sherlockman

it seems like whole KLSE only got 2 stocks kah?

2021-11-04 20:45

sherlockman

awaiting the new article...WHY I SOLD AYS

2021-11-04 20:48

hpcp

If AYS is so much undervalued. Why did the company not wait for the share price to go much higher first before placing the shares to reduce EPS dilution? And the proceeds are not used for expansion but for working capital and loan repayment

2021-11-05 10:30

Colgate

Uncle Kyy do you want to help Bilis or rescue yourself?

2021-11-05 11:44

Tiger62

@Colgate, Already proven for so many years la. Since Latitue, Jaks, Vs, Hengyuan, Topglove and many others. Now AYS. You think he help ikan bilis ? He can't make money from big traders and institutional funds. He very very good at slaugtered ikan bilis with his blog.

2021-11-09 08:42

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