ASIA FILE CORPORATION BHD

KLSE (MYR): ASIAFLE (7129)

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Last Price

1.65

Today's Change

-0.01 (0.60%)

Day's Change

1.65 - 1.68

Trading Volume

78,700


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203 comment(s). Last comment by Dehcomic01 2024-04-21 10:26

Posted by EngineeringProfit > 2018-08-05 06:33 | Report Abuse

Interesting....

ongmari

2,003 posts

Posted by ongmari > 2018-09-04 08:44 | Report Abuse

8 cents dividend ex date 5th Oct...buy more if goes lower....Q2 results will come in better than last Q

Justin328

480 posts

Posted by Justin328 > 2018-09-06 17:04 | Report Abuse

better than last Q! how about profit margin?

Posted by jordanmaggie61 > 2018-09-07 11:40 | Report Abuse

Best timing to invest now, buy more earn more hehehe

kennyku

494 posts

Posted by kennyku > 2018-09-30 18:52 | Report Abuse

Net cash 2b..... can buy for keep long term

James Ng

2,707 posts

Posted by James Ng > 2018-10-17 11:16 | Report Abuse

https://klse.i3investor.com/m/blog/general/178571.jsp
[转贴] [ASIA FILE CORP BHD:外汇损失,英国造纸厂以及专门生产分隔板和书签的德国子公司的销售额较为疲软] - James的股票投资James Share Investing

LouiseS

286 posts

Posted by LouiseS > 2019-02-03 19:04 | Report Abuse

Last 5 years EPS on decreasing trend, decreased by 72.5% over last 5 years, PE ratio is at 9.5, ROE 9%, and dividend yield 5.7%

https://louisesinvesting.blogspot.com/2019/02/preliminary-screening-of-counters-with_45.html

Posted by farisszuan > 2019-03-05 11:55 | Report Abuse

should buy this?

Yapss

216 posts

Posted by Yapss > 2019-03-05 13:08 | Report Abuse

Hey guys, I created a quick & short fundamental analysis animated video on this company. I hope it helps you to know more about it! #FundamentalDaily002

https://www.youtube.com/watch?v=cxgB3stXk30

James Ng

2,707 posts

Posted by James Ng > 2019-05-02 11:18 | Report Abuse

https://klse.i3investor.com/blogs/general/204767.jsp
[转贴] [ASIA FILE CORP BHD:收入下降主要来自德国和英国的销售,本季度英镑和欧元兑本地货币走弱影响了销售收入,因为货币分别比截至2017年12月31日止的同一季度的汇率下跌3.5%和2.1%] - James的股票投资James Share Investing

RainT

8,448 posts

Posted by RainT > 2019-09-16 18:38 | Report Abuse

omg since May 2019 until now

no comment

no popular stock

RainT

8,448 posts

Posted by RainT > 2019-09-16 18:39 | Report Abuse

see FML LLC acquire so much

something good brewing?

last time this FML LLC also acquire lots of AJI shares

princehero

565 posts

Posted by princehero > 2019-09-24 16:35 | Report Abuse

Rain T .. u r here oso.. I’m oso stuck it this shit... the price so lousy

YAPSS

216 posts

Posted by YAPSS > 2020-01-19 23:09 | Report Abuse

YAPSS Quick Summary and Free 10 Years Financial Data of Asia File Corporation Berhad:
https://www.yapss.com/forum/klse-forum/asia-file-corporation-berhad-asiafle-7129

Posted by shareinvestor88 > 2020-02-15 16:25 | Report Abuse

SELL DOWNTREND TP 1

westan

34 posts

Posted by westan > 2020-05-27 08:07 | Report Abuse

bght too high another dead wood counter,regretted for parking into it

RainT

8,448 posts

Posted by RainT > 2020-07-01 18:05 | Report Abuse

@princehero

I am come here for busybody only

I wanted to buy ASIAFILE but could not make it, as I cannot convince myself on its business prospect

Posted by Pattankhaw > 2020-09-26 21:41 | Report Abuse

Damn lousy counter a pain in the ass full of regrets

Posted by Pattankhaw > 2020-10-19 11:29 | Report Abuse

Run no hope of recovery from this shit pot counter

wkkht

957 posts

Posted by wkkht > 2020-11-30 10:13 | Report Abuse

QR is very good NTA: RM3.27.
ASIAFLE
2.000
+0.1 (+5.3%)
Quarterly rpt on consolidated results for the financial period ended 30 Sep 2020
ASIA FILE CORPORATION BHD

Financial Year End 31 Mar 2021
Quarter 2 Qtr
Quarterly report for the financial period ended 30 Sep 2020
The figures have not been audited
Attachments
AFC - FY2021 2Q Quarterly Results Announcement.pdf
671.7 kB
Default CurrencyOther Currency
Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2020

INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2020
30 Sep 2019
30 Sep 2020
30 Sep 2019
$$'000
$$'000
$$'000
$$'000
1 Revenue
66,605
73,304
111,257
150,903
2 Profit/(loss) before tax
14,456
8,842
15,556
20,978
3 Profit/(loss) for the period
12,683
7,099
13,314
16,825
4 Profit/(loss) attributable to ordinary equity holders of the parent
12,690
7,079
13,340
16,807
5 Basic earnings/(loss) per share (Subunit)
6.52
3.63
6.85
8.63
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
3.2957
3.2149

kentrade888

1,572 posts

Posted by kentrade888 > 2020-11-30 10:46 |

Post removed.Why?

Posted by Shadow Fiend > 2020-11-30 13:15 | Report Abuse

Finally superb result out, wait for so long

kentrade888

1,572 posts

Posted by kentrade888 > 2020-11-30 14:34 | Report Abuse

The dividend is coming.

Posted by sense maker > 2020-12-01 17:58 | Report Abuse

A stingy controlling shareholder hoarding cash, maybe because its files biz is declining and its plastic takeaway containers biz surge temporary.

Posted by commonsense > 2021-01-19 09:49 | Report Abuse

If you guys want to find a company that is a recovery play post Covid 19, you should consider looking at MMC. https://klse.i3investor.com/servlets/ptg/2194.jsp

Below are the positive of the company:

• Valuation is cheap. Despite being the largest port operator in Malaysia, its valuation is still only less than half of its next biggest competitor, Westport.

• Dividend yield is high at between 5.4% to 6.6%. Given the low interest rate environment, this would appeal to a lot of dividend seeking investors.

• Cargo handled in 4Q20 is already passed precovid level. It is even higher that the pre trade war level which started in FY18. The largest port in the group is Pelabuhan Tanjong Pelepas where the 2M shipping alliance has decided to make it their Asean HQ Port. 2M consist of the 2 largest shipping companies in the world: Maersk and MSC.

• Bonus event. Potential monetisation of Port business via IPO. The group is looking to raised RM4bil via IPO. Assuming the amount is from the sales of up to 40% interest in the port business, this values the port business at RM10bil which is way above the current market cap of only RM2.5bil. This does not include their 38% holding in Malakoff (valued at RM1.8bil), 31% of Gas Malaysia (valued at RM1bil) and their Engineering business which is currently the main contractor for MRT2 (via JV with Gamuda).
https://www.thestar.com.my/business/business-news/2020/10/23/mmc-mulls...

With Biden being the new President of US, you can expect him to overturn Trump’s America First Policy. This will make it easier for US to trade with other countries including Europe and China which will increase global trade and benefits ports operators like MMC.

Posted by dollardollarbill > 2021-02-09 09:24 | Report Abuse

ASIA FILE CORP BHD (7129) – well positioned to ride on the takeaway and food delivery tidal wave

https://klse.i3investor.com/blogs/dollardollarbill/2021-02-06-story-h1540337726-ASIA_FILE_CORP_BHD_7129_well_positioned_to_ride_on_the_takeaway_and_foo.jsp

satha44

1,749 posts

Posted by satha44 > 2021-02-15 23:23 | Report Abuse

If one looks at asiafile...then interest should also be there in CWG....both in the same industry...much cheaper tightly held...after covid...should perform better.....
Watch and u will c a hidden buyer.....
Dont play contra.....surely burn your fingers

Posted by dollardollarbill > 2021-02-23 20:28 | Report Abuse

BFM 89.9 interviewing Asia File on 25 Feb

Michael R.

4,833 posts

Posted by Michael R. > 2021-02-25 08:23 | Report Abuse

Good

GuguGaga

115 posts

Posted by GuguGaga > 2021-02-25 08:47 | Report Abuse

Yeah, I come here because of BFM. I think this is a potential share

Nathan27

425 posts

Posted by Nathan27 > 2021-04-26 17:35 | Report Abuse

Asiafile should consider a takeover on CWG, monopolise the stationary industry and become a stationary giant... just like how Panasonic did a takeover of Sanyo in 2009 , panamys profits were only 50million in 2009, few years later 100+million..

Posted by jeffrey7817 > 2021-05-29 15:17 | Report Abuse

Dividend 1.5cents.

Posted by wallstreetrookie > 2021-08-16 16:38 | Report Abuse

Disposal by Fidelity?

Stead

170 posts

Posted by Stead > 2021-09-11 22:03 | Report Abuse

Take over pelikan better

char1234

5,299 posts

Posted by char1234 > 2022-02-20 04:04 | Report Abuse

looks like many hv left this counter...

bwho

86 posts

Posted by bwho > 2022-02-20 06:55 | Report Abuse

during the early days dividend around 12 to 15 sen since last year dropped to zero and now declared 1.5 sen.therefore ppl lacks confidence in this counter

char1234

5,299 posts

Posted by char1234 > 2022-02-22 21:45 | Report Abuse

thank you ...lousy share

lim1818

58 posts

Posted by lim1818 > 2022-02-23 20:03 | Report Abuse

esos in the making. do not expect any surprise before the egm.

char1234

5,299 posts

Posted by char1234 > 2022-02-24 19:47 | Report Abuse

that's a reason to goreng

char1234

5,299 posts

Posted by char1234 > 2022-02-24 19:48 | Report Abuse

the gains are not worth the risk

lim1818

58 posts

Posted by lim1818 > 2022-02-24 21:00 | Report Abuse

buy now and place in fridge for 3-6 months, sure UnTong.

i4value

78 posts

Posted by i4value > 2023-06-14 09:48 |

Post removed.Why?

Dehcomic01

349 posts

Posted by Dehcomic01 > 2023-11-11 14:44 | Report Abuse

As a stationery company, Asia File faces the threat of digital disruption. The Group has recognized this by not expanding into this sector. Instead, it diversified into food wares and consumer wares that in 2023 accounted for 16% of the Group revenue.

Both the stationery and food/consumer wares businesses are profitable and generating good returns.

The challenge is that about 2/3 of its capital is tied up in non-operating assets that generated low returns. This has resulted in overall low returns for the Group. It would have to depend on new ventures to rectify this. The Group is financially strong and this will give it time to deliver these.

My valuation showed that it is not a value trap. There is sufficient margins of safety to invest at the current market price. But you need to have a long-term view.

For details visit https://www.youtube.com/watch?v=HMlJH6DBmzg

SincereStock

2,405 posts

Posted by SincereStock > 2023-11-23 17:18 | Report Abuse

@Dehcomic01 thank you for the insights, can you share more info about their food and consumer sector? what is their products or brands? I can't find related infos through their official website

Posted by BursaVulture > 2023-12-01 09:43 | Report Abuse

what's up with the not so good QR?

Dehcomic01

349 posts

Posted by Dehcomic01 > 2024-01-08 11:05 | Report Abuse

Ever since coming across an article suggesting that the packaging sector would benefit from the growth of online retailing, I have been hunting for packing companies. My search went beyond Bursa and included US.
Why the US? In 2023, the total return (dividend + capital gain) for the Bursa KLCI was about 3%. The S&P 500 achieved 26%. Even accounting for forex losses, you can see why the US is better. But this does not mean buying blindly. You still need to do fundamental analysis. Take the example of Avery.
This is NYSE a global materials science and digital identification solutions company. Despite its acquisitions, its revenue only grew at 4.4% CAGR over the past 10 years. While ROE and net margins have been trending up, there were no improvements in other operating parameters, I think that the stock is fully priced. https://i.postimg.cc/C1cQgNs2/Avery-Dennison.png
On the other hand, Bursa Asia File has diversified into food packaging. Not exactly sexy, but it has a margin of safety. The only concern is how long it will take for the market to re-rate. If I can find an equivalent US packaging company, that would be priority. In the absence, Asia File is there. https://www.youtube.com/watch?v=CPtsfLAnaEc

paperplane

21,685 posts

Posted by paperplane > 2024-04-03 10:00 | Report Abuse

2/3 assets not earning anything and you still argue not a value trap? are you joking? Dividend so low even earning so much, the owner got bulk of shares and not willing to share good div with investors.

Dehcomic01

349 posts

Posted by Dehcomic01 > 2024-04-21 10:26 | Report Abuse

We have read stories about how some of the Malaysian media groups “suddenly” have to close down their newspaper operations due digital disruption. Digital disruption does not happen overnight and you would have thought that companies would have years to prepare for this.
One good example of a company that took step to anticipate digital disruption is Asia File. This is a global filing company. We all know that digital technology is changing the way we store documents and the demand for files will continue to decline.
Asia File recognized this and for the past decade, it had stopped expanding its filing business. Instead it diversified into food and consumer wares about 7 years ago. This have given it a possible non-stationery growth path. But it is not clear whether this can be as big as the stationery business. So the company is still looking for other ventures.
This good story is that its stationery business is a cash cow and it is still not clear how long it will take for the demand for files to become negligible. In the meantime, the company is using the cash and time to build up replacement businesses.
I am sure you will not read any story about this company suddenly closing down the filing business due to digital disruption. If you want to know more about this, go to page 21 of INVEST https://notice.shareinvestor.com/email/newsletter/invest/pdf/Vol203-Invest-19Apr.pdf

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