Posted by share4u2019 > 2019-06-07 01:11 | Report Abuse

Tomorrow I will buy ASB as much as possible

Posted by shortinvestor77 > 2019-06-07 08:58 | Report Abuse

0.25 cents div every year while net loss.

Posted by calvintaneng > 2019-06-07 10:05 | Report Abuse

Good morning

No. No net loss

It shows operating loss but ACTUAL NET NET IS GAINING YEAR AFTER YEAR

WHY LEH?

BECAUSE IT KEEPS ON INVESTING AND ROTATING INTO HARD ASSETS

THESE HARD ASSETS HAVE GONE UP IN NET VALUE ON 2 COUNTS

1) AFTER BUYING THESE ASSETS MANAGEMENT ADD VALUE TO IT

EXAMPLE IS DAIMAN

DAIMAN BOUGHT THE LANDMARK BUILDING IN JB CBD FROM JB HIGH COURT AUCTION I THINK FOR RM100 MILLIONS

THEN DAIMAN SPENT ANOTHER RM100 MILLIONS TO REFURBISH IT INTO DAIMAN OFFICE (ONE BLOCK) AND ANOTHER BLOCK INTO DOUBLE TREE HILTON HOTEL

BUT THE EXTRA RM100 MILLIONS (FOR RENOVATIONS) BOOKED AS EXPENSE (A LOSS)
AND NOT REPORTED IN THE BOOK VALUE

SO RM100 MILLIONS (HIDDEN VALUE) ONLY COMPANY KNOWS AND NOT SHAREHOLDERS

THEN DAIMAN BOSS TOOK IT PRIVATE FOR A SONG


2) ASB SITTING ON GOLD MINES AS ASSETS ARE NOT YET REVALUED JUST LIKE MUI GROUP

NOW JUST ONE PROPERTY (BOOK VALUE RM31 MILLIONS) AFTER SELLING REVEALED A MARKET VALUE OF RM124 MILLIONS (PROFIT OF RM83 MILLIONS) OR 8.3 SEN

THIS WILL BE REFLECTED IN COMPANY ANNOUNCEMENT WHEN CASH IS RECEIVED

SO LOOK BEYOND SURFACE OPERATING LOSSES

LEARN TO LOOK DEEPER

Posted by calvintaneng > 2019-06-07 10:11 | Report Abuse

Another great investment of ASB is Captii Bhd listed in Singapore

See

https://simplywall.st/stocks/sg/tech/sgx-awv/captii-shares/news/could-the-captii-limited-sgxawv-ownership-structure-tell-us-something-useful/


Just as Singpore Sunright owns Malaysia KESM

ASB of Malaysia owns 58% of Singapore Captii Limited

https://simplywall.st/stocks/sg/tech/sgx-awv/captii-shares/news/could-the-captii-limited-sgxawv-ownership-structure-tell-us-something-useful/

http://www.asb.com.my/info_commtech.html

Posted by calvintaneng > 2019-06-07 10:15 | Report Abuse

For more information on the Captii group, please visit the Captii group website: www.captii.com

Posted by calvintaneng > 2019-06-07 10:17 | Report Abuse

For more information on the Captii group, please visit the Captii group website: www.captii.com

Posted by calvintaneng > 2019-06-07 10:30 | Report Abuse

See Calvin's comments in Daiman before it was taken private at Rm3.00

https://klse.i3investor.com/servlets/stk/5355.jsp

ASB is another candidate to be taken private above 30 sen one day

Even at 30 sen for privatization ASB will still be undervalue

Posted by calvintaneng > 2019-06-07 13:12 | Report Abuse

Shortsighted investor

See how Mui Bhd never given dividend for upteen years yet price going up

Also Lafarge cement making losses price still going up above Ytl offer price of Rm3.75?

So at least Asb is giving out a small dividend

Plus Asb's 58% owned Captii LTD in Singapore is giving a nice 3.1% dividend

So Asb is a much better company think people think