Posted by Tan Han > 2018-05-28 18:38 | Report Abuse

why asdion fly?

Posted by Kubistrader > 2018-05-28 19:56 | Report Abuse

Becouse qr.

Posted by Kubistrader > 2018-05-29 05:54 | Report Abuse

And private placement..but aborted..

Posted by CharlesT > 2018-05-29 06:47 | Report Abuse

UMNO Boss behind, jaga jaga

Posted by Spyron_09 > 2018-05-29 13:09 | Report Abuse

@kidir,,
asdion fly,,goodway got chance to fly also?

Posted by Investar2862 > 2018-05-30 07:58 | Report Abuse

Based on TA, this stock may rocket again...

Posted by greedy_bilis > 2018-05-30 16:49 | Report Abuse

Yes

Posted by zepth91 > 2018-05-31 12:30 | Report Abuse

petang ni roket,window dressing

Posted by Huat1 > 2018-06-01 17:22 | Report Abuse

Still in accumulation mode this week...

Posted by Huat1 > 2018-06-01 17:25 | Report Abuse

Good chance next week as I notice that the funds/money started to flow in after the sell off 2 weeks ago

Posted by Huat1 > 2018-06-01 17:28 | Report Abuse

Currently the resistant is at 0.28 based on volume profile analysis. May surge quickly once 0.28 is breached as the upper resistant is less

Posted by Huat1 > 2018-06-05 16:10 | Report Abuse

Asdion testing 0.29 :D)

Posted by Huat1 > 2018-06-05 16:21 | Report Abuse

Buy rate almost 80%

Posted by Bloodsucker > 2018-06-05 17:02 | Report Abuse

Tmr 0.30

Posted by Investar2862 > 2018-06-05 17:19 | Report Abuse

BRIGHT HOPE LTD (FKA GOOD UNITED LIMITED) on 04-Jun-2018 Ceased to be Substantial Shareholders after selling off its major stake...

Once they finished selling most of their shares...still some selling today, I believe the price will spike.

Posted by Huat1 > 2018-06-05 17:23 | Report Abuse

Yes, soon...
In fact today already started to move up but there are a lot of sellers but the stock were snapped up by the buyers. Buy rate today is 80.24%

Posted by Huat1 > 2018-06-05 17:24 | Report Abuse

So think...
What's going on??

Posted by gogot > 2018-06-05 22:55 | Report Abuse

to the moon before raya...kemonnn

Posted by Huat1 > 2018-06-06 10:09 | Report Abuse

Yes! Asdion is moving north again...
Immediate target is 0.34

Posted by L2earn > 2018-06-08 07:08 | Report Abuse

0.28 strong resistence

Posted by Investar2862 > 2018-06-08 09:21 | Report Abuse

Asdion wanna dance now

Posted by Rosmah Ali > 2018-06-08 12:32 | Report Abuse

Start dancing bro!!! hehehe...

Posted by Huat1 > 2018-06-08 13:26 | Report Abuse

Immediate target is 0.34...more than 10% potential profit. Then followed by0.415

Posted by sonicverse > 2018-06-09 08:21 | Report Abuse

KUALA LUMPUR (June 8): Asdion Bhd said today its 49%-owned associate Renox Stainless Steel Co Ltd has obtained the right to distribute automotive clean-in-place (CIP) equipment for the food and beverage industry in Indo-China for three years.

In a filing with Bursa Malaysia, Asdion said Renox had yesterday entered into an agreement with Thai turnkey engineering solution firm Engisoul Co Ltd for the CIP equipment distributor right.

Under the deal, Renox will receive US$100,000 per unit for each unit sold.

"The contract is expected to contribute positively to the group's earnings and net assets per share for the financial year ending March 31, 2019," said Asdion.

Posted by syahmin1210 > 2018-06-09 22:39 | Report Abuse

monday fly lah

Posted by kentrade888 > 2018-06-10 22:07 | Report Abuse

Usually after the announcement will fall.

Posted by Shinju_Nosuke > 2018-06-10 22:57 | Report Abuse

Surekah will fall.. huhuhu

Posted by kentrade888 > 2018-06-11 10:04 | Report Abuse

Ha ha! Will not rise.

Posted by Shafi Awong > 2018-06-11 10:22 | Report Abuse

asdion price will hit 0.34 this afternoon. Buy now!!

Posted by Jebard > 2018-06-11 16:28 | Report Abuse

this week asdion gonna fly high......yummy.....

Posted by gogot > 2018-06-13 02:32 | Report Abuse

after raya will bounce back...

Posted by wuhu090 > 2018-06-19 15:51 | Report Abuse

lapsap stock...they were cheating investor,plying dump and pump...price lock between 280-290

Posted by SK1200 > 2018-06-29 10:07 | Report Abuse

Strong rebounce coming..

Posted by Rosmah Ali > 2018-08-01 14:26 | Report Abuse

Rebounce??

Posted by dex > 2018-08-23 07:35 | Report Abuse

Dead

Posted by BMCd > 2018-08-23 13:40 | Report Abuse

Dead or rebounce- not sure, time will tell.

Posted by Lee Jeng Shi > 2018-09-20 16:20 | Report Abuse

Suddenly Shoot up !!! whats happening ?

Posted by Notconfused > 2018-09-20 17:03 | Report Abuse

pisang goreng?

Posted by commonsense > 2018-12-23 12:36 | Report Abuse

Not sure what is so appealing about Asdion that there is still a lot of people willing to buy into the company shares. Those that are invested, can you provide the potential catalysts for the company to post better financial results in the future?

The company has never been able to deliver any full year profit to its shareholder for the past 10 years. Even at the peak of its revenue of RM19.8mil recorded during FY16, it still recorded a core profit loss of RM4.4mil (after deducting impairment and gain on disposal of ppe). The 6m19 result also did not provide any confidence to management’s ability to help turnaround the company. Eventhough the revenue almost triple to RM7.2mil from RM2.5mil, losses have actually widen by almost 30% to -RM1.4mil from -RM1.1mil.

In terms of balance sheet, investors should take note that the group has been very dependent on debt to fund its operations with free cash only at RM544k (the deposit of RM650k is pledged cash). Short term debt obligation is at RM1.4mil.

If you are looking to diversify your portfolio outside of Asdion (due to the perceive weaker earnings outlook), 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 5.5x PE (based on target FY18 PATAMI of RM145mil. 9m PATAMI is already RM106mil). PB is low at only 0.5x 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 launch of the new SUV in 1Q19 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 RM4.18.

Good luck.

Posted by matg > 2019-01-15 17:39 |

Post removed.Why?

Posted by Alliancesteel > 2019-01-16 08:16 | Report Abuse

Kuantan port and Kemaman port are full traffic? Better qtr result?

Posted by Mamat_Win > 2019-01-18 15:48 | Report Abuse

any sifu here got advice for asdion?

Posted by Huat1 > 2019-01-18 16:06 | Report Abuse

OVERBOUGHT already....be careful

Posted by gogot > 2019-02-25 16:28 | Report Abuse

up up

Posted by Jebard > 2019-02-26 04:03 | Report Abuse

Next goreng stock? Tp 0.5?

Posted by c2k9791 > 2019-02-26 22:38 | Report Abuse

https://www.enanyang.my/news/20190226/%E6%94%BF%E5%BA%9C%E9%87%8D%E5%90%AF%E5%BD%AD%E9%93%9D%E5%9C%9F%E7%9F%BF%E5%BC%80%E9%87%87br-%E5%90%AF%E6%98%8C%E6%81%A2%E5%A4%8D%E8%B5%9A%E5%A4%B4/

Posted by c2k9791 > 2019-02-26 22:39 | Report Abuse

Additional 10mil revenue..?

Posted by c2k9791 > 2019-02-27 18:35 | Report Abuse

disappointed QR

Posted by fathbursa > 2019-03-18 00:36 | Report Abuse

Tomorrow gonna boom ???

Posted by Mevar Ho > 2019-03-18 13:40 | Report Abuse

https://www.theedgemarkets.com/article/asdion-buys-tumpat-supply-base-operator-rm665-mil am i too late?