Posted by ckwan11d > 2015-12-03 18:38 | Report Abuse

Thank you Sam Chong.

Posted by Kucimiao > 2015-12-03 22:24 | Report Abuse

Other investment is a creative accounting tool.... Use mostly by construction company.... For ehemmm you know whatlah ( cannot elaborate) . astino has a division involved in chicken farm construction...

Posted by ckwan11d > 2015-12-04 06:12 | Report Abuse

Please excuse me for being ignorant. To me it remains unexplained.

What were or would had been the accounting entries for this 'other investments' - the conventional accounting entries. Debit ??? and Credited 'Bank' - as reflected in the 'Cash Flow Statement'.

Besides what would be the 'return on other investment' and bearing in mind that the Group had a huge 'loans and borrowings' of sum RM118 million (as at 31 Oct 2015), I am also curious to know what was the corresponding debit accounting entry or entries for these 'other investments' and how would it be shown in the 'Balance Sheet'?

Posted by chankp7010 > 2015-12-10 09:25 | Report Abuse

For Sam Chong, Astino bought over 20.9 millions of Plant, Property and equipment (ppe) during the latest quarter, and recorded as "other investment" in the cash flow statement.

Posted by ckwan11d > 2015-12-12 09:31 | Report Abuse

To avoid confusion, the Board should have stated the expenditure as 'acquisition of property, plant & equipment' in the cash flow statement instead of worded the same as 'other investment'.

Hopefully, the calculation of depreciation charges for the quarter was true and fair. Otherwise, the bottom line would have been erroneously stated.

Posted by ckwan11d > 2015-12-12 09:33 | Report Abuse

chankp7010, thank you very much.

Posted by chankp7010 > 2015-12-30 15:07 | Report Abuse

1.95 sen dividend is forthcoming. Almost same line of business with Ajiya, except Glass production, how come Astino cannot perform as good as Ajiya? I am still puzzling as to why such a big gap in market price!

Posted by chankp7010 > 2016-01-08 10:23 | Report Abuse

Yeoman of Singapore investment fund has acquired 3,700,000 shares (or 1.35%) of Astino Bhd as per 31/7/2015 annual report. Why do think Yeoman want to buy this counter? For profit making. Yeoman Fund has been well-known for getting good returns for investors and as such this Fund must have done a lot of research before committing to buy. Furthermore, the bulk of Astino list of properties has not been revalue to market price; and most of them are located at Penang/Seberang Prai at 2008-2010 valuation.

Posted by allanchong1988 > 2016-01-08 11:08 | Report Abuse

Thanks for sharing chankp7010.

Posted by klsetechwiz > 2016-05-12 15:29 | Report Abuse

My 3 simple reason to see Astino as a worthy investment
http://klse.i3investor.com/blogs/klsetechwiz/96392.jsp

Posted by ckwan11d > 2016-05-18 08:19 | Report Abuse

Thank you very much klsetechwiz.

Posted by klsetechwiz > 2016-05-19 14:20 | Report Abuse

You are welcome ckwan11d

Posted by klsetechwiz > 2016-05-19 14:21 | Report Abuse

Hope Astino gain more traction after May

Posted by shannian > 2016-06-17 19:12 | Report Abuse

www.bursamalaysia.com/market/listed-companies/company-announcements/5126969

Posted by gundam deathscythe > 2016-06-20 09:12 | Report Abuse

Run like a horse.... yee ha

Posted by gohcheehoh > 2016-06-21 00:34 | Report Abuse

Super yoy n qoq rev n profit grow. Will enjoy solid run on next few days...

Posted by gohcheehoh > 2016-06-21 08:55 | Report Abuse

Enjoy the ride to up north in 5 min

Posted by gohcheehoh > 2016-06-23 23:35 | Report Abuse

After a Gd rest. Astino will fly again. Super profit grow n low PE.

Posted by bonescythe > 2016-07-19 00:16 | Report Abuse

Astino - Blue Ocean Steel Player
http://bonescythe.blogspot.my/2016/07/astino-blue-ocean-steel-player.html

Posted by klsetechwiz > 2016-07-19 11:30 | Report Abuse

Now the dragon wake up...
That is why invest when sleep and hug tight when dragon start to ride the sky

Posted by klsetechwiz > 2016-07-19 11:31 | Report Abuse

Hope this dragon can blow open the sky soon with me along
Hahaha

Posted by bonescythe > 2016-07-19 16:36 | Report Abuse

Boom laaa

Posted by AK2899 > 2016-07-22 10:41 | Report Abuse

Notice of Shares Buy Back - Immediate Announcement

Cumulative net outstanding treasury shares as at to-date (units) = 606,837

Posted by makubex718 > 2016-07-26 12:41 | Report Abuse

boom come liao

Posted by bonescythe > 2016-07-26 15:04 | Report Abuse

mr boombastik

Posted by Ex_CFO > 2016-07-28 10:13 | Report Abuse

time to accumulate on weakness

Posted by bonescythe > 2016-07-29 16:02 | Report Abuse

Boom shaka laka laka
Boom shaka laka laka

Posted by bonescythe > 2016-08-02 17:18 | Report Abuse

Coming soon! one more shakalaka boom...

oh lala boom boom!!

Posted by wwwin > 2016-08-12 16:03 | Report Abuse

break rm0.80

Posted by Ooi Cheng Kee > 2016-08-12 16:04 | Report Abuse

good

Posted by wwwdotkyaputendotcom > 2016-08-12 17:11 | Report Abuse

Closed year high with (almost) a perfect marubozu candle and surged in volume

Posted by wwwdotkyaputendotcom > 2016-08-15 00:12 | Report Abuse

Continue see see today

Posted by allanchong1988 > 2016-08-23 06:37 | Report Abuse

http://www.thestar.com.my/business/business-news/2016/08/22/astino-aims-to-produce-more-roofing-materials/

Mr Ng commented on the company's future prospect.

Posted by thinkfirst > 2016-08-23 13:08 | Report Abuse

Why buy back share if company future prospect not good? something wrong. And he said oversea market on demand. Maybe they want to collect as much share can. Or whats?

Posted by Jessgoh > 2016-08-23 20:12 | Report Abuse

Continue 7days drop since new high

Posted by thinkfirst > 2016-08-24 08:32 | Report Abuse

Let see today

Posted by Jessgoh > 2016-08-24 12:11 | Report Abuse

No eye see

Posted by Ooi Cheng Kee > 2016-09-06 22:48 | Report Abuse

Now, open eye big-big

Posted by Jessgoh > 2016-09-09 09:45 | Report Abuse

It's trend is up 1-2 days then drop double of it

Posted by AK2899 > 2016-09-10 10:13 | Report Abuse

Buy back share sure is good ! Good counter that i accumulated since 0.64~0.65.yahoo

Posted by Erik Sighton > 2016-09-18 16:05 | Report Abuse

bad stock

Posted by DavePower > 2016-09-18 18:46 | Report Abuse

sorhigh Erik Sighton missed de boat when it was below 70c & now being a sourgrape! Typical loser

Posted by bonescythe > 2016-09-19 00:06 | Report Abuse

Astino - Hard Steel Aston Martin
http://bonescythe.blogspot.my/2016/09/astino-hard-steel-aston-martin.html

Posted by allanchong1988 > 2016-09-19 09:21 | Report Abuse

Big wave is coming :D

Posted by Ex_CFO > 2016-09-19 10:50 | Report Abuse

The volumn traded this morning already exceeded last Thursday's volumn. Fundamentally this counter is trading at a forecast PE of 6.95. It has as asset backing of 1.08 and resume dividend distribution last year. The profit for the last three quarters were $21.9m compared to $19.8m last year, $2.1m favourable against same period last year. The margin appears to be increasing. I expect this counter to be upgraded to a PE of 11 ie TP of $1.21 in a very near future especially if the Q4 EPS is above 3..5c.

Posted by ChasingDreamz > 2016-09-30 12:46 | Report Abuse

Close eye and buy.

Posted by allanchong1988 > 2016-09-30 13:16 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5219081

Q4 - Good Financial result :D

Posted by Yipman > 2016-09-30 13:30 | Report Abuse

any dividend declare?

Posted by allanchong1988 > 2016-09-30 13:40 | Report Abuse

Nope. This counter proposed only one time dividend per financial year.

Posted by chankp7010 > 2016-09-30 14:38 | Report Abuse

Astino 4th quarter results just released earning 3 cents making a total of 11 eps for the whole year. PE is less than 10. Market response with 2 cents up