Posted by kahsoon888 > 2019-02-14 13:49 | Report Abuse

Where is the B4b 4

Posted by Snake > 2019-03-07 15:03 | Report Abuse

Added

Posted by bird_81 > 2019-03-08 14:42 | Report Abuse

looks like sleeping counter

Posted by Bursa1575 > 2019-03-15 11:21 | Report Abuse

Its coming

Posted by Brian Loke > 2019-03-15 12:38 | Report Abuse

buy buy buy

Posted by lilyhery7973 > 2019-03-15 13:02 | Report Abuse

limit up please....long time no see

Posted by Brian Loke > 2019-03-18 10:05 | Report Abuse

dont miss the boat

Posted by 123456 > 2019-03-18 12:39 | Report Abuse

Any news

Posted by commonsense > 2019-04-09 10:32 | Report Abuse

If you managed to look past all the corporate exercises, you will see that Advance Synergy is still a company that has under delivered in terms of profit to its shareholders. FY18 marks the 7th consecutive years of losses made by the company. Excluding the RM5.2mil gain on disposal of subsidiary and the RM6.1mil fair value gain on venture investment portfolio, the company net losses to shareholders would have been more than -RM10mil. With the still challenging operating environment in FY19 (mainly the hotel, tourism and IT industries), investors need to prepared for another loss making year in FY19.

If you are looking to hedge your portfolio outside of Advance Synergy (due to its weak earnings outlook), I would recommend you to look at MBMR. (https://klse.i3investor.com/servlets/stk/pt/5983.jsp)

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.7x PE based on FY18 profit of RM166mil. PB is low at only 0.7x BV.

FY19 should deliver another profit growth year to the company. Profit growth will again be driven by the performance of Perodua (via MBMR 22.6% holdings in Perodua) from the still strong sales of new Myvi, sales of SUV Aruz and the introduction of the newly revamp Alza sometime in the 2H19. Aruz which commands a higher margin compared to other models, will help improve the total profit margin of Perodua (which will flow to MBMR’s bottom line as well).

MBMR is expected to achieve a profit of RM200mil in 2019. At the current share price, the company is being valued at only 5.6x which is a lot lower than the industry average of 15x PE. As an example, UMW (another company with exposure to Perodua) is currently trading at a PE multiple of almost 20x.

Good luck.

Posted by verbatin1969 > 2019-05-11 21:26 | Report Abuse

(ASB) has agreed to sell its factory and warehouse in Shah Alam, Selangor to a unit of Mapletree Dextra Pte Ltd for RM124mil cash.Proceeds from the proposed disposal will be utilised to repay loans and refurbish the group’s hotels and a newly acquired commercial building, ASB said in a filing with Bursa Malaysia yesterday.

“The proposed disposal provides an opportunity for the group to unlock the immediate value of the property at a value higher than the property’s net book value,” it said

Read more at https://www.thestar.com.my/business/business-news/2019/05/11/advance-synergy-to-sell-factory-warehouse-for-rm124mil/#2Z7gC18rw3umQceg.99

Posted by calvintaneng > 2019-05-24 12:56 | Report Abuse

Asb = A safe bet?

Or "A SURE BUY"

DON'T GO BETTING

A STRONG BUY!!!

That's much better!!!

Posted by calvintaneng > 2019-05-24 14:19 | Report Abuse

5 years ago Calvin Tan Research calculated the Shah Alam property should be worth rm130 millions if revalued

Now news is out

Asb Shah Alam property has been sold to Singapore investor for Rm124 millions

So there is only a small 6% deviation from Calvin's forecast (not bad considering the real estate market is in doldrum now

How much profit will the sale of Rm124 millions garner?

Original cost is rm31 millions

So profit is a whopping rm80 millions

Or about 8 sen net profit

AT 15 sen now with 8 sen net profit it means more than 50% paid up capital

Now MUI bhd is also selling Corus hotel for rm1 billions (but Mui Bhd has about Rm750 millions debt)

Asb is excellent as it is almost debt free considering it has good cash position

MUI Bhd is good But at 15 sen with Nta of 45 sen Asb looks like exceptional

Asb bought 3 assets lately

1. A 5 storey commercial building near Batu Road in Kl. This one has good facing and excellent location

Can be converted into a hotel cum serviced apartment and Co sharing office. Can see by Google map

2. A 4 storey commercial building in Glenmarie.
Another building in superb location fronting double lane highway

Directly opposite is the Proton Car Showroom
This is a busy hot area with cars parking even on the pavements
See in Google map

3. Beaver Hotel
This old hotel has a champion location in the very heart of London
Sure can add value by management
A fair purchase after beating 4 other contending bidders

All these will make ASB into a Reit like stock with secured revenue, income and hopefully better dividends in coming years

Posted by calvintaneng > 2019-05-24 14:23 | Report Abuse

At 0.025 Asb dividend yield is only 1.6%

Ask management to increase dividend yields

Note this:

Asb owns 60% of a Listed Company in Spore called Captii Limited

Doing very well in IT business

Dividend yield from Captii is a nice 3.1%

In Spore Bank Fd is only 1.2% (Malaysia now 3%)

The net value of Captii limited for Asb is about 2.5 to 3 sen currently

So buying Asb less Captii is only 12 sen net

Posted by calvintaneng > 2019-05-24 14:26 | Report Abuse

Singaporeans may consider buying Captii limited to get good dividends

For Calvin buying Asb in Malaysia is also an arbitrage to owning Captii Ltd

Last time when Kesm in Malaysia surged up in price Calvin bought Sun right shares in Singapore

Sun right Spore us the Top holders of KESM

So by buying Asb we indirectly own Captii the Singapore company

Posted by calvintaneng > 2019-05-24 14:29 | Report Abuse

Another very excellent Assets of Asb is

Holiday Villa in Cheriting Trengganu

About 15 acres prime resort land

This will benefit from the upcoming Ecrl (east coast rail link)

Book value can only go up more

Posted by calvintaneng > 2019-05-24 14:31 | Report Abuse

Finally

THE sale of Shah Alam lands will be completed by end 2019

So 8 sen profit will be reported in year 2019 on February Qtr report

See

Smis Corp gained 9 sen from asset disposal and share price up 4 sen even in bad sentiment

So expect Asb share price to adjust upward
How high all depends on market sentiment by early 2020

Posted by calvintaneng > 2019-05-24 14:34 | Report Abuse

Year 2020 also happen to be

Visit Malaysia Year 2020

Or VMY2020

Wahaha!

Chun chun Jack pot for Asb

Asb got

1. Hotels for local tourists

2. Resorts for foreign tourists. More from China

3. Ticketing sales

4. Real estates

Many other tourism related business

Asb will hit jackpot chun chun

Posted by calvintaneng > 2019-05-24 14:36 | Report Abuse

One more thing

Asb also into property development

Interest rate reduction and Govt telling banks to relax loan for property also bode well for Asb

Asb being cash rich with a management that is actively seeking to add value to assets will see better days ahead


That's it

Asb = A Solid buy

Posted by Sales > 2019-05-25 07:34 | Report Abuse

So now ASB or ASIA PAC IS BETTER BUY???

Posted by (US/CHN trade war doesn't matter) Philip > 2019-05-25 07:36 | Report Abuse

https://klse.i3investor.com/servlets/pfs/123029.jsp

Maybe Calvin can comment on how he gets his 200% return on ALL those stocks he promoted in 2019 alone. These are actually figures from his blogs, date that he promoted them and the current results.

See Calvin how easy that was? Maybe you can tell us how much you put in each stock so we really know how much money you lost. Then I can gauge where you are really getting your investment income from.

Posted by calvintaneng > 2019-05-25 11:23 |

Post removed.Why?

Posted by experttanengyee > 2019-05-25 11:37 | Report Abuse

King Kok kok kok Calvin. Clap clap clap.hooray!

Posted by ramada > 2019-05-25 11:47 | Report Abuse

Ini macam pun boleh. Malaysians really easily cheated.

Posted by ramada > 2019-05-25 11:52 | Report Abuse

After this pump & dump activity, ASB will become aduh, sakit betul.

Posted by calvintaneng > 2019-05-25 11:54 |

Post removed.Why?

Posted by Sales > 2019-05-25 20:33 | Report Abuse

Nowadays want to get a good remiser is not easy. Hopefully you guys can recommend. Prefer in K.L. Thanks.

Posted by calvintaneng > 2019-05-25 23:24 |

Post removed.Why?

Posted by anticonman > 2019-05-26 11:52 | Report Abuse

Calvin post in 2015 then ASB what price and today 14 sen can make money?

Posted by calvintaneng > Jan 16, 2015 12:45 PM | Report Abuse
What nothing happened in Mui Bhd?
Calvin and Johor Buddies bought Mui at 15 CENTS.
MUI THEN POWERED UP 100% TO CROSS 30 CENTS
GO AND CHECK IT OUT

Posted by calvintaneng > 2019-05-26 13:54 | Report Abuse

Hahaha!!

You so clever to see history of Calvin's postings in Asb forum so many years ago?

Sifu Peter Lynch bought and sold over 2,000 shares.

For some he bought and sold 3 or 4 times in their cyclical rounds just like Calvin bought and sold Prestar and Masteel in their cyclical up and cyclical down

Asb = A SOLID BUY!!

This will be another Chun Chun Gsb at 9 sen

Posted by Mike Chong > 2019-05-29 13:43 | Report Abuse

Icon8888 , commonsense, calvintaneng are same con group , maybe same person also.

Posted by calvintaneng > 2019-05-29 19:27 | Report Abuse

Mike

NO no no.

Calvin no con group.
Calvin gives out chun chun forecast after much painstaking study.

When Calvin gave buy calls for Asb Calvin look forward to February 2020 results

This quarter still no good ok as we buy into the future.

See, even Lafarge result also negative this quarter, yet Ytl paid a premium for Lafarge shares

Why leh?

Answer: Because Ytl expects better times ahead for Lafarge

So Calvin expects much better days ahead for Asb

Posted by Mike Chong > 2019-05-29 21:45 | Report Abuse

If your forecast is chun chun , you can be the world richest man , no need to bark in others forum and scolded like street dog ...... better back to Singapore , do not go to Ipoh lo...beware Ipoh city council

Posted by calvintaneng > 2019-05-29 23:44 | Report Abuse

Look at Lafarge

Calvin buy call for Lafarge was Rm2. 25
Today Lafarge came out with very bad quarter

So if Market is status quo like all others

Lafarge share price would have plunged below Rm2. 25

But why is Lafarge now RM3. 73

Up almost Rm1. 50 in real time with bad results

Answer is this

Because Ytl taking Lafarge private at Rm3. 75

So why is Calvin soooo bullish on Asb?

Answer

In year 2004/5 about 5 years ago Calvin already computed the lands of Asb in Shah Alam to be worth Rm130 millions if sold (cost only Rm31 millions)

Now Asb has sold the assets for Rm124 millions

Rm124 millions from my forecast of Rm130 millions may not be 100%, but so what?

THE difference only RM6 millions or few percentage different

THE profit is a fantastic rm83 millions

Translating to 8.3 sen profit

Once final payment is received by end 2019

This 8. 3 sen profit will be reported in Feb 2020 results

How will market react to a strong 8.3 sen real cash profit then?

For that we can wait as year 2020 coincides with Wmy2020

For now Calvin will continue to buy up Asb shares while cheap

It does not matter who buy or not buy

One day in future Philip will come out to scratch his head and wonder how come Calvin could make 200%?

Let it be. All who bought Philip's QL will continue to be quickly locked up and then Quietly languishing

For Calvin it means another nice cruise ship holiday

Posted by calvintaneng > 2019-05-30 22:48 | Report Abuse

Anyone from Sunsuria hopeful is here?

ASB will make 8.3 sen net of asset disposal

Reported as 8.3 sen with Price of 14 sen currently means a Whopping 59% NET PROFIT

INCREDIBLE?

TOO GOOD TO BE TRUE?

CHECK IT OUT THEN

THE KING OF MATHS ALREADY STUDIED IT

Posted by chamlo > 2019-05-30 22:49 | Report Abuse

14 sen report loss? Better drop below 10.

Posted by BeastOfTheEast > 2019-06-01 09:54 | Report Abuse

Calvin, does ASB also own all the other Holiday Villa hotels in Malaysia?

Posted by calvintaneng > 2019-06-02 11:28 | Report Abuse

BeastOfTheEast

According to past reports from media Asb manages 15 holiday villa hotels and resorts all over Malaysia but owns 10 of them

Asb also has Holiday Villa Hotel in many parts of the world

Posted by calvintaneng > 2019-06-02 11:31 | Report Abuse

In total numbers Asb has more Hotels than MUI Group. Only MUI Group combined total value might match Asb's. Both Mui Bhd and Asb are extremely undervalue

Posted by BeastOfTheEast > 2019-06-03 09:58 | Report Abuse

So, if we put a conservative value of RM70 mil per owned hotel, then that already means that ASB owns at least RM700 mil of hotel assets in Malaysia alone.

Posted by Eric6790 > 2019-06-05 00:28 | Report Abuse

now days hotel very hard to get good profit

Posted by calvintaneng > 2019-06-05 11:20 | Report Abuse

Eric is correct

Hotel will be impacted by homestay and airb&b

Asb has tried to change strategy to include serviced long term Apt stays and also coshared office with services to change with changing times. Also its resorts in special locations should still be ok as it caters to different demand. Asb also going into IT. Its Captii bhd in Singapore is doing fine

Posted by calvintaneng > 2019-06-07 01:11 |

Post removed.Why?

Posted by calvintaneng > 2019-06-07 10:18 | Report Abuse

shortinvestor77 0.25 cents div every year while net loss.
07/06/2019 8:58 AM

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
07/06/2019 10:05 AM

Posted by calvintaneng > 2019-06-07 10:19 | 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-...


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-...

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

Posted by calvintaneng > 2019-06-07 10:22 | Report Abuse

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

Posted by calvintaneng > 2019-06-10 01:06 |

Post removed.Why?

Posted by Sales > 2019-06-10 12:39 | Report Abuse

Calvin for long term asb or asia pac better?

Posted by calvintaneng > 2019-06-10 12:49 | Report Abuse

Sales

Both good

Asiapac up on asset revaluation.
Only Asb got catalyst of Asset disposal. Asiapac is paper profit while Asb will get real cash

Posted by Sales > 2019-06-10 15:18 | Report Abuse

Calvintaneng, thanks! God bless you!

Posted by calvintaneng > 2019-06-10 16:04 | Report Abuse

Sales

Don't play contra

If buy must hold till asset sale completed and reported as profit

When Mr Market finally sees the figure he will go GaGa