ASTINO BHD

KLSE (MYR): ASTINO (7162)

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Last Price

0.645

Today's Change

0.00 (0.00%)

Day's Change

0.63 - 0.65

Trading Volume

803,800


2 people like this.

1,156 comment(s). Last comment by trader808 3 days ago

Posted by nagasaran93 > 2021-08-02 15:43 | Report Abuse

Wow how low it go??? Can’t see any support. Yes I think this counter is done.

akun

43 posts

Posted by akun > 2021-08-02 17:04 | Report Abuse

Operator tomorrow push to LD la cb

goldenluck16

1,955 posts

Posted by goldenluck16 > 2021-08-02 17:09 | Report Abuse

Be patient. No worries. Don't panic sell.

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-08-02 20:50 | Report Abuse

fuyoooo

really ASStino...
Lucky i sold all few day back after holding out for BI...

Now invest in Inari..

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-08-02 20:51 | Report Abuse

thought got play when BI and Treasury Dividend......In the end.....cirit birit like our PM.

Posted by nagasaran93 > 2021-08-03 09:16 | Report Abuse

HamsterHuat, not sure what was happening to this counter... more likely pestech 2.0, diving till no see support.

Posted by nagasaran93 > 2021-08-03 09:17 | Report Abuse

i can say it's as worst as Solution

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-08-03 14:34 | Report Abuse

@nagasaran93

yalor...now diving......all support broken..
Lucky i say bye bye and buy Inari....

Wasted my time buying it for Treasure dividend ànd BI.....really waste my time.

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-08-21 23:36 | Report Abuse

really ASStino

leongoh10

13 posts

Posted by leongoh10 > 2021-08-26 15:09 | Report Abuse

Movements today. Up up

akun

43 posts

Posted by akun > 2021-08-26 20:10 | Report Abuse

Still laggards compare to other steel counters. Shit

Jack888

848 posts

Posted by Jack888 > 2021-09-03 11:30 | Report Abuse

Strong .... buy astino ?

Jack888

848 posts

Posted by Jack888 > 2021-09-03 14:56 | Report Abuse

Astino ...go...go..

Posted by EatCoconutCanWin > 2021-09-06 12:17 | Report Abuse

Selling mosquito net can earn money meh

Davidl

1,806 posts

Posted by Davidl > 2021-09-07 09:41 | Report Abuse

Time to accumulate!

Invest_888

990 posts

Posted by Invest_888 > 2021-09-10 08:56 | Report Abuse

All steel stocks are expecting to earn more profit due to high and steady steel price.

lloydlim

3,930 posts

Posted by lloydlim > 2021-09-10 09:50 | Report Abuse

Uptrend still intact.

Zackmeiser

309 posts

Posted by Zackmeiser > 2021-09-23 18:10 | Report Abuse

Steel price way higher than 2020. Inflation is creeping whole world. Wait till Fed starts taper and real inflation story will be unleashed. Cant print all the money in the world and expect prices to stay the same (plus logistic and supply chain issue).

Dakewlest

1,748 posts

Posted by Dakewlest > 2021-09-23 23:20 | Report Abuse

QR this month. Hopefully announce dividend.

Dragon88

153 posts

Posted by Dragon88 > 2021-10-07 10:39 | Report Abuse

price up and down. expect some profit taking coming

WaNaura

15 posts

Posted by WaNaura > 2021-11-13 01:09 | Report Abuse

quiet

Dakewlest

1,748 posts

Posted by Dakewlest > 2021-12-03 23:00 | Report Abuse

Hoping for more dividend from this company because their EPS is quite high.

iCE COOL

66 posts

Posted by iCE COOL > 2021-12-31 17:43 | Report Abuse

Astino posted an impressive QR

probability

14,419 posts

Posted by probability > 2022-01-02 16:27 | Report Abuse

steel traders margin is good

Posted by spielmacher > 2022-01-11 09:25 | Report Abuse

stop selling at 71. TP 75, come on

tksw

12,407 posts

Posted by tksw > 2022-01-19 15:45 | Report Abuse

655 can buy or not?

tksw

12,407 posts

Posted by tksw > 2022-01-19 15:49 | Report Abuse

may be 65 can get

tksw

12,407 posts

Posted by tksw > 2022-01-25 09:31 | Report Abuse

waiting

Posted by Chonglyekiat > 2022-03-17 10:58 | Report Abuse

latest quarter with negative inventory and receivable meaning ??

tksw

12,407 posts

Posted by tksw > 2022-03-28 09:34 | Report Abuse

630 can buy arr?

Nagami

1 posts

Posted by Nagami > 2022-03-28 22:44 | Report Abuse

can tomorrow up to 66

tksw

12,407 posts

Posted by tksw > 2022-03-29 09:07 | Report Abuse

ppl see qtr result down got scared. wait cheap cheap kasi bili

William Ng

893 posts

Posted by William Ng > 2022-06-01 12:12 | Report Abuse

qr no good...

Dakewlest

1,748 posts

Posted by Dakewlest > 2022-08-06 07:30 | Report Abuse

Bila mahu announce dividen? Should announce dividend since EPS is quite high.

William Ng

893 posts

Posted by William Ng > 2023-03-24 23:35 | Report Abuse

qr no good...

morganlee

341 posts

Posted by morganlee > 2023-03-28 16:56 | Report Abuse

so slow..

dlhoh

26 posts

Posted by dlhoh > 2023-04-26 08:45 | Report Abuse

SMA-10 had just crossed SMA-50, but low volume

i4value

78 posts

Posted by i4value > 2023-06-18 09:36 |

Post removed.Why?

Dehcomic01

307 posts

Posted by Dehcomic01 > 2023-07-14 09:26 | Report Abuse

Steel is a cyclical commodity. So when you look at Astino performance, you should do so over the steel price cycle. Over the past 14 years, the company achieved an average ROA of 7%. In comparison, the mean ROA of the Bursa steel companies averaged only 1%. The company outperformed the market. Visit my site for more insights on the sector performance.

TanSriDato

251 posts

Posted by TanSriDato > 2023-10-05 23:38 | Report Abuse

Agreed with you Dehcomic01

TanSriDato

251 posts

Posted by TanSriDato > 2023-10-14 22:20 | Report Abuse

Dividend coming

TanSriDato

251 posts

Posted by TanSriDato > 2023-10-18 11:51 | Report Abuse

Someone approached Dato' Ng for his HHRG shares

TanSriDato

251 posts

Posted by TanSriDato > 2023-11-15 10:22 | Report Abuse

Go playlah NBT this counter

Posted by aaroiz57 > 2023-11-24 12:12 | Report Abuse

https://www.thesundaily.my/local/penang-plans-10-housing-projects-to-help-people-own-house-DB8102948 https://geometrydash-lite.com . I am very happy to receive this sharing from you. This is probably the information I need, thanks

thesteward

6,769 posts

Posted by thesteward > 2 months ago | Report Abuse

Wah hopefully won’t gap above 65 on Monday so can buy

paktua73

17,977 posts

Posted by paktua73 > 2 months ago |

Post removed.Why?

trader808

295 posts

Posted by trader808 > 1 week ago | Report Abuse

Astino has 111m cash, 144m inventories and 93m in accounts receivable. Hence, its total liquid assets and cash is Rm349m
2The company has short term and long term debts of 14m
3 When you take 349m minus 14m, you would notice that the total net liquid asset is Rm335m
4. The company has 493m issued and paid up share capital.
Hence, the liquid cash per share is 335m / 493m is 67sen

5. Considering that the share price is currently trading at only 63sen, it is an insanely and unbelievably a cheap bargain.

6 If you buy Astino at 63 sen, it is not only below its liquid cash per share of 67 sen you also get 181m of properties, plant and equipment plus 47m of investment properties or a total of 228m assets for free.

7 WOW, Is there a big fat toad jumping all over the streets?.

8 You decide.
Happy trading
14/5/24

jerret

27 posts

Posted by jerret > 1 week ago | Report Abuse

good analysis and in fact, buy good stock with low price is no harm at all

Posted by multi-bagger > 1 week ago | Report Abuse

co is buying back its own shares

trader808

295 posts

Posted by trader808 > 3 days ago | Report Abuse

1. Astino has been buying back its own shares regularly and persistently.
When and why does a company undertake share buyback and what are the implications?

2. When the company believes that the current trading share price is far below the intrinsic value of the company, it will commence to buy back its own shares from the open market.

3 In order to undertake shares buyback, the company must have sufficient cash and cash balance. And Astino has Rm111m cash.

4. The effect of share buyback will reduce the number of shares in circulation in the market. Hence, when the number of shares in market circulation is reduced, the earning per share EPS will increase and theoretically, share price shall rise.

5. What does a company do with the buyback shares?.

6 The shares buyback shall be kept as treasury shares. The treasury shares can be canceled and thus, permanently reduced the issued and paid up capital of the company.

7. The company may chose to resale the treasury shares at a higher price to realize a substantial profit.
8. The company may also chose to reward its shareholders as in Astino to distribute dividend in species to its shareholders.

9 As for Astino, the cumulative net outstanding treasury shares as at 23/5/24 is 8,170,105 shares or 1.65%. If the buyback persist on and Astino subsequently manages to buyback 2% of its capital, than it is capable of rewarding its shareholders with a share dividend in the ratio of 1share for 50shares held. For this you must wait. Since, listing until now, Astino has rewarded its shareholders with share dividend 5 times.

10. Although there is no announcement yet, i believe it will happen slowly but surely.

10 Share buyback is good and should be undertaken as and when necessary.
11. Happy trading
24/5/24

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