Posted by nemesis > 2024-05-23 09:44 | Report Abuse

Quarterly Fin Results is releasing soon which is expected to propel its EPS to new high...Buy

Posted by nemesis > 2024-05-23 11:54 | Report Abuse

Avaland is set to be the next growth stock in the property sector...it makes sense to acquire as much as you can before it becomes reality...

Posted by ITreeinvestor > 2024-05-23 17:48 | Report Abuse

nemesis Quarterly Fin Results is releasing soon which is expected to propel its EPS to new high...Buy
23/05/2024 9:44 AM

Y24Q1 PAT 21,173
Y23Q4 PAT 37,522
Y23Q3 PAT 17,230
Y23Q2 PAT 11,116
Y23Q1 PAT 136

Posted by Val-Elta > 2024-05-23 18:36 | Report Abuse

Mmmm, overall I'll say it's a slightly positive result, I was hoping an EPS of 1.8 cents personally.

However, besides just looking at the PAT, there is additional information that can be deduced to aid your investment outlook.

Good
1st Q total property sales of RM 211 million, if sustainable, that'll be RM 800 million of property sales in a year.
Unbilled sales RM 852m is still very high, now transitioning to Alora and Amika which have not yet entered high progress billing stage.
Aetas seputeh 50% booking (soft launch) seems to be still 'unbilled' yet as of now, depending on if APDL is approved by end of June, there's a potential of up 250m in unbilled sales just from Aetas Seputeh added in next quarter.
Direct Operating and General Admin Expense have dropped quite significantly QoQ from 13% of revenue to 10% of revenue.
Selling and marketing expenses drop from 4% to 3% of revenue
Cash flow from Operations positive
Still trading around 6.53 PER, vs other property stocks trading at PER of 8.11 (LBS), 16.76 (SIMEPROP), 22.8 (SPSETIA), 21.37 (IOIPG), 22.74 (ECOWORLD), 17.48 (MAHSING), 18.36 (GUOCO)


Bad
Gross profit margin dropped from 34.6% to 31%
income tax on profit increase to 32% (But should be one off)
Revenue may only peak up again in 2nd to 3rd Q as Amika and Alora enters the billable progress stages

The Good points, unfortunately will still require patience to be realized, and this will expose the share to short term weakness potentially.

Let's see how the market (especially the funds) reacts then, will they buy on weakness and sustain the share price around 36 cents until next QR release.

Posted by Val-Elta > 2024-05-23 18:55 | Report Abuse

Also, take note during the RHB 20 jewels report,

It's stated that
Sales guidance of MYR700-800m represents almost 30% YoY growth

211m sales in the 1st quarter is already
30% of 700m full year forecast
26.3% of 800m full year forecast

Posted by nemesis > 2024-05-23 19:31 | Report Abuse

Overall full year forecast for 2024 we can expect total EPS of 7-8 Sen per share which should propel the share price to 0.70-0.80 in comparison to LBS or other mid cap developers...Reiterate BUYYY!!!

Posted by Val-Elta > 2024-05-24 09:51 | Report Abuse

Market a bit irrational, take Hua Yang for example, 4 quarter EPS 1.6 cents, revenue 191 million, net profit 6 million, but share price can be 42 cents as of now.

Maybe due to Avaland's previous times when a lot sold around 23 cents, so it's still a good exit point for those who still holding since then.

Will need a period of above 35 cents for a 2, 3 months to increase average shareholder entry price/allow those who hold the shares < 25 cents to exit fully before it can normalize back to market.

Posted by nemesis > 2024-05-24 12:25 | Report Abuse

Profit taking is over this morning...it is time to climb above 0.40 later

Posted by ITreeinvestor > 2024-05-24 14:14 | Report Abuse

in your dream

Posted by nemesis > 2024-05-27 23:52 | Report Abuse

Could come back down to 0.35 tomolo

Posted by leokoo > 2024-05-28 10:08 | Report Abuse

this share has a low amount of floating shares, hence when some people take profit, the price drops. Time to buy more :)

Posted by necessity > 2024-05-28 11:20 | Report Abuse

for now, till the release of the 2Q..
fundamentally week..
technically week..
+ external and internal factors.. few red flag for me..
few major risk and red flags,. but still, undervalued by price evaluation..

so i will be sideway with my popcorn watching bull vs bear..

Posted by nemesis > 2024-05-29 00:00 | Report Abuse

Rebound is on the way!

Posted by nemesis > 2024-05-29 08:51 | Report Abuse

Current share price retreat provides buying opportunities for long term holder...Reiterate BUY!!!

Posted by Jonathan Keung > 2024-06-05 08:56 | Report Abuse

Lack of catalyst plus technical showing weak signals. MACD and RSI showing negative. Expect sideway trading for the near term

Posted by nemesis > 2024-06-07 01:52 | Report Abuse

We just hope Avaland will venture into Data centre development just like Mahsing...

Posted by nemesis > 2024-06-10 14:10 | Report Abuse

It is time to Skyrocket as Property Recovery turning into boom is near...Avaland is catching up

Posted by Jonathan Keung > 2024-06-11 14:05 | Report Abuse

Big property counters with big land banks riding on DC wave. Ecoworld , YTL , IOIP, Sime or Mah Sing riding the DC wave. Small caps with limited land banks hard to play the DC wave

Posted by acnca84 > 2024-06-12 10:40 | Report Abuse

masuk sini pulak

Posted by investortrader88 > 2024-06-12 11:11 | Report Abuse

Bought some tickets at RM0.38. good luck guys.

Posted by nemesis > 2024-06-14 09:06 | Report Abuse

https://www.thestar.com.my/business/business-news/2024/06/14/rehda-property-transactions-on-uptrend#:~:text=PETALING%20JAYA%3A%20The%20Real%20Estate,Kuala%20Lumpur)%20chairperson%20Carrie%20Fong.

Posted by nemesis > 2024-06-14 09:07 | Report Abuse

Property sector on uptrend...

Posted by nemesis > 2024-06-17 02:53 | Report Abuse

https://theedgemalaysia.com/node/715479

Posted by Jonathan Keung > 2024-06-18 17:00 | Report Abuse

Holding up very steady. .others goreng counter all down today

Posted by nemesis > 2024-06-19 09:00 | Report Abuse

https://theedgemalaysia.com/node/715706

Posted by Jonathan Keung > 2024-06-19 17:01 | Report Abuse

HLIB calling a buy on the big cap property counters. Sunway , IOIP or Sime darby that may or benefit from the relaxation MM2H program. Not the small cap counters.

Posted by nemesis > 2024-06-19 18:52 | Report Abuse

Avaland is developing high end too...High end properties will be on high demand soon...

Posted by Val-Elta > 2024-06-20 14:50 | Report Abuse

Anyone in AGM now?

Posted by Jonathan Keung > 2024-06-20 17:44 | Report Abuse

Mundane affair. All resolution passed. Directors reelected , auditors reappointed, no issue raised

Posted by Jonathan Keung > 2024-06-22 08:56 | Report Abuse

Bottom fishing at 32 or 33 then wait for the technical rebound

Posted by Jonathan Keung > 2024-06-26 07:52 | Report Abuse

Almost there {32 sen }at the lower end of the chart. DJ drop 299 points. Tech heavy Nasdaq up. Mixed market signals.

Posted by Jonathan Keung > 2024-06-27 14:41 | Report Abuse

Rebounded from the day low.

Posted by Shotthebull > 2024-06-28 21:02 | Report Abuse

Going up to 42 sens

Posted by nemesis > 2024-07-01 09:46 | Report Abuse

Rebound is on the way...at 0.35 it is trading at a huge discount to its future earnings which is expected to increase in coming financial quarters

Posted by nemesis > 2024-07-01 12:12 | Report Abuse

https://business.inquirer.net/440370/ayala-land-sets-plan-to-double-profits-in-five-years

Posted by nemesis > 2024-07-02 00:38 | Report Abuse

https://youtu.be/EMAEiIFsg6s?si=NgMRy26G8ilXTTxs

Posted by nemesis > 2024-07-02 01:09 | Report Abuse

https://youtu.be/pXk4x8zCTKI?feature=shared

Posted by nemesis > 2024-07-04 01:37 | Report Abuse

Trending upP...Ayala Land will surely transform Avaland from a small cap developer to be one of the largest developers in Msia...Strong management team coupled with sheer determination to always be the best...I have full confident in their powerful management and leadership from the Philippines...This is easily a 1.00 stock in 2-3 years to come...Reiterate BUY!

Posted by nemesis > 2024-07-10 08:44 | Report Abuse

https://www.thestar.com.my/business/business-news/2024/07/10/upward-momentum-likely-for-property-players

Posted by mikeann > 2024-07-31 17:12 | Report Abuse

KUALA LUMPUR (July 30): Avaland Bhd (KL:AVALAND) topped out Alira Subang Jaya, a serviced residence in Tropicana Metropark, Subang Jaya, which has achieved a 95% take-up rate, on Monday (July 29), according to a press statement on Tuesday.

https://theedgemalaysia.com/node/720923

Posted by SKY2 > 2024-08-01 10:20 | Report Abuse

bought this small cap jewel , still much undervalued

Posted by fregend > 2024-08-01 17:37 | Report Abuse

why hidden gem?

Posted by enigmatic [bamboo investing style] > 2 months ago | Report Abuse

My fair value for AVALAND is RM0.46.

Posted by Ayong21 > 2 months ago | Report Abuse

0.46 too high about 25 sen is right

Posted by leokoo > 2 months ago | Report Abuse

might as well say 0.17 :p With the P/E of 4.63 (compared to Mahsing, P/E of 20, or SP Setia, P/E of 10), Avaland is undervalued

Posted by Val-Elta > 2 months ago | Report Abuse

Actually, the problem with Avaland is due to our own fellow Avaland investors themselves, as long as we have fellow investors willing to take quick few % profits, or worst cut loss, the share price will hard to appreciate. Don't say Mahsing etc in the property area, plenty of other shares in KLSE that doesn't make sense or justified with high PE, but people keep buy into them, and eventually get burned like the recent tech crash.

With the latest unbilled sales of 950m locked, 1H new property sales of about 470m, Avaland is on track to finish 2024 with ~900m new sales for the year, supporting consistent EPS of 1.5-1.7 per share, reducing finance charges, improving cash flow and net cash per share to eventually possible dividends 1 year+ later, but these are long term goals, and I really doubt most of the investors look at such horizon anymore.

Posted by Val-Elta > 2 months ago | Report Abuse

Having said that, there are some positive indicators if you study the top 30 shareholders.

We start to have more big names, international funds buying in, one of the MCT founders Berry Goh have already reduced his shares YoY, and maybe disposed all already by now, another MCT founder Tong could be the only source of 'big sales' pressure only.

What could sustain the share price, and stage a long term rise would mostly depend on these 2 groups of large shareholders, if QoQ the financial performance is good, the funds may continue to increase their stake, buying out the retailers.

The fed rate cut may also contribute positively as well, as it will free up more funds from the US to be invested elsewhere, hopefully Malaysia can be the beneficiary of the inflow as well

Posted by nemesis > 1 month ago | Report Abuse

Sleeping mode already...volume also tumbled significantly...

Posted by mikeann > 3 weeks ago | Report Abuse

https://theedgemalaysia.com/node/729964

Posted by zildjian > 3 weeks ago | Report Abuse

@nemesis don’t be sad, ur dream will come true one day