ABRIC BHD

KLSE (MYR): ABRIC (7061)

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Last Price

0.505

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


4 people like this.

1,291 comment(s). Last comment by Razali Husain 1 week ago

ImCK

2,883 posts

Posted by ImCK > 2015-02-06 17:09 | Report Abuse

Vsolar,Krono

Posted by nsyee28282828 > 2015-02-12 19:46 | Report Abuse

strong support at 45.5cts, will move up again?

SLIM25

62 posts

Posted by SLIM25 > 2015-02-27 17:34 | Report Abuse

But there's a large loss before tax...

hueyyng27

295 posts

Posted by hueyyng27 > 2015-02-28 04:05 | Report Abuse

The decrease in revenue and the increase in profit before tax was mainly due to the disposal of the
manufacturing, distribution and sale of security seals business, which represents the entire core
business of the Group.

hueyyng27

295 posts

Posted by hueyyng27 > 2015-02-28 04:06 | Report Abuse

B3. Prospects of the Group
Following the completion of the AEIL Acquisition and the partial completion of the Proposed Disposal,
Abric Berhad (“ABRIC”) has triggered the cash criterion pursuant to paragraph 8.03(1) and Practice Note
16 (“PN16”) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa
Securities”) (“Listing Requirements”), whereby ABRIC’s assets on a consolidated basis, consist of
seventy percent (70%) or more of cash and short-term investments, or a combination of both.

Posted by charmaine2 > 2015-03-02 01:10 | Report Abuse

Good results

Posted by thinkkfully > 2015-03-02 17:47 | Report Abuse

fishy... mr Pui collecting shares again

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1890757

donn

154 posts

Posted by donn > 2015-03-02 22:02 | Report Abuse

WATCH.. goin to RM1

Mickie

6 posts

Posted by Mickie > 2015-03-03 09:36 | Report Abuse

Thought Mr Pui's move is so interesting that I wrote about it in a blog:
http://klse.i3investor.com/blogs/Eyeonmarket/

Mickie

6 posts

Posted by Mickie > 2015-03-03 12:28 | Report Abuse

This Mr Pui here is a big investor in Cahya Mata Sarawak. His stake in CMS alone is worth RM210 mil at today's price.

Posted by jeffrey7817 > 2015-03-04 22:03 | Report Abuse

Deep value in Abric. Current 31Dec2014 NTA at RM 1.17 and after deduct special dividend 30cents. NTA still worth RM0.87.

aikwais

108 posts

Posted by aikwais > 2015-03-10 14:17 | Report Abuse

Yeah, 16.77% now. Retail seller?

Posted by charmaine2 > 2015-03-10 14:52 | Report Abuse

But still no show yet?

Posted by thinkkfully > 2015-03-10 18:06 | Report Abuse

at least got Mr pui support around 45.5-46.5.... if below, need cut...
might need abric company gives some +ve update announcement.....

yahoo1999

85 posts

Posted by yahoo1999 > 2015-03-11 16:28 | Report Abuse

he..he..he..

Mickie

6 posts

Posted by Mickie > 2015-03-11 16:56 | Report Abuse

You need to be patient with these value plays. IMO the best thing about Abric is that if market turns south, they may not be able to find anything to buy and will have to distribute back the cash. So in a way, it's quite defensive. heh heh...

yahoo1999

85 posts

Posted by yahoo1999 > 2015-03-11 16:59 | Report Abuse

喜喜..发发..

lime1015

19 posts

Posted by lime1015 > 2015-03-11 17:06 | Report Abuse

Accumulation stage over...time to mark up?

Posted by thinkkfully > 2015-03-11 17:15 | Report Abuse

Chart analysis: vol nice, price up abit nice.... MACD nice, stochastic% not nice (over 80%)... yday selling pressure, but defended n closed at 46.5sen, nice....

Fundamental analysis: cash company, NTA RM1, EPS 66sen, PE 0.xx, big investor, Mr Pui keeps acquires from market, floating shares keep dropping...

Posted by thinkkfully > 2015-03-11 17:16 | Report Abuse

% of floating share in the market keep dropping..

Posted by nsyee28282828 > 2015-03-11 17:23 | Report Abuse

abric shares moving up today should touch 50cts tomorrow??

Posted by nsyee28282828 > 2015-03-11 17:28 | Report Abuse

Net Asset per share is RM1.17
so share price can go to RM1.00??

Posted by thinkkfully > 2015-03-11 17:30 | Report Abuse

high chance yes....

Posted by thinkkfully > 2015-03-11 17:44 | Report Abuse

NTA rm1, not really the share will rise to rm1..... might happen n might not happen.... need to depends on many factors.... but if abric couldnt get new core business in about 10mths later... shareholders will get bck cash==66sen....

pls correct me, if i am wrong.....

Posted by nsyee28282828 > 2015-03-11 18:24 | Report Abuse

Hopefully Mr Pui can bring in new core business in Abric very soon!!

Posted by nsyee28282828 > 2015-03-11 18:27 | Report Abuse

share price now only 48.5cts, long way to go la...to reach RM1.00!!

Posted by stoCKTANgerin > 2015-03-11 21:43 | Report Abuse

Good!

Mickie

6 posts

Posted by Mickie > 2015-03-11 22:20 | Report Abuse

NTA is probably closer to RM0.60 I believe but mostly cash. Hopefully, Pui can force the hand of the controlling shareholders into distributing more cash. :)

Up_down

4,281 posts

Posted by Up_down > 2015-03-12 00:34 | Report Abuse

Pui is an heavy weight retail investor at almost 70. He doesn't interested in venturing a new business. It is very likely that he would exert more pressure to management for cash distribution or taking it private.

paperplane

1,403 posts

Posted by paperplane > 2015-03-12 09:44 | Report Abuse

Here come !!!!

beatmarket

123 posts

Posted by beatmarket > 2015-03-12 11:53 | Report Abuse

lets break .50! then huat ah can fly already wohooo

yahoo1999

85 posts

Posted by yahoo1999 > 2015-03-12 12:30 | Report Abuse

:) :)

beatmarket

123 posts

Posted by beatmarket > 2015-03-12 12:58 | Report Abuse

looks like have potential to go .54 -.55 today/ tomorrow

beatmarket

123 posts

Posted by beatmarket > 2015-03-12 14:36 | Report Abuse

push higher xD

Posted by thinkkfully > 2015-03-12 14:36 | Report Abuse

price up with no company announcement yet~ gd~

Posted by nsyee28282828 > 2015-03-12 15:11 | Report Abuse

finally quite stable above 50.0,hopefully can sustains..

Posted by thinkkfully > 2015-03-12 15:43 | Report Abuse

i holding abric since special dividend.... noticed tat too huge vol might not gd..... when more than 100k lots... the share went down.... jan27 and feb6.... i am alerted on the vol now....

yahoo1999

85 posts

Posted by yahoo1999 > 2015-03-12 16:56 | Report Abuse

:) :) :)

yahoo1999

85 posts

Posted by yahoo1999 > 2015-03-12 17:05 | Report Abuse

Base on the 'cup&handle chart' ..d resistance finally broke up yesterday.price may move on to 58-60 soon.

yahoo1999

85 posts

Posted by yahoo1999 > 2015-03-12 17:19 | Report Abuse

Future TP for ABRIC is 0.66 (0.48 handle breaking point x1.382=0.66336)

Posted by thinkkfully > 2015-03-12 17:53 | Report Abuse

Hi yahoo1999, interesting cup&handle chart~ is the pattern always x1.382? I use fibonacci, seeing 55.5sen, 67.5, then 72.5sen.... quite similar with ur TP... :)

btw, after cup&handle chart breaking... will it form another cup again after breaking? or hit 66sen 1st... then only another cup will happen?

yahoo1999

85 posts

Posted by yahoo1999 > 2015-03-12 20:09 | Report Abuse

1.68✖ 0.41(lowest price after ex-dividend) =66.338 TP

yahoo1999

85 posts

Posted by yahoo1999 > 2015-03-12 20:54 | Report Abuse

Not easy to meet another cup again..this chart took 4 months (cup)&1.5 months(handle) to form.i m glad to say that height of the cup is 0.18 so I do believe within a month will reach 0.66(0.48 resistance breaking point➕ 0.18 )

yahoo1999

85 posts

Posted by yahoo1999 > 2015-03-12 20:56 | Report Abuse

TP 0.66 is not impossible as its perfect match to Abric cash in hand too!!

Posted by thinkkfully > 2015-03-12 21:20 | Report Abuse

Thx yahoo1999~ now i c it... The cup u mentioned built since last sept~

yahoo1999

85 posts

Posted by yahoo1999 > 2015-03-12 22:23 | Report Abuse

Yes..since last September..The final TP is 0.91(0.66❌ 1.382).most of us won't believe it will come true...nevermind let's see by this year end .let's the board to announce then..

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