ABLE GLOBAL BERHAD

KLSE (MYR): ABLEGLOB (7167)

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Last Price

1.96

Today's Change

+0.06 (3.16%)

Day's Change

1.90 - 1.97

Trading Volume

251,800


16 people like this.

7,374 comment(s). Last comment by xiaolongbao 3 days ago

Posted by stock_investor > 2018-11-30 19:56 | Report Abuse

doubtful debt just finished last qr. there will be NO more doubtful debt in Q4. Mexico plant is going to start production in Q1 2019 following by realized cash contribution in Q2 2019. and those who talk about other stocks in this page, please respect johotin holders. U can write in respective counters.

sapurakencana

1,144 posts

Posted by sapurakencana > 2018-11-30 22:33 | Report Abuse

Stock_investor : just for your notice,Johotin had been build a new production line during 2012 to 2014,but the production/sales only pick up during 2016-2017.Hope this wont happen this time.2 concern is due to the factory build at Maxico, few circumstances like their business policy, tax , foreign exchange ,trade war within US N Maxico are unforseeable.
3. Doubtful debt happen few time in this company,hope it wont happen again.

Posted by stock_investor > 2018-12-01 13:46 | Report Abuse

Mexico and us reaches trade agreement along with canada. Not an issue for johotin plant in mexico. As for doubtful debt, it is beyond our control to predict the future. The company shall assess credibilty of client before sending supply to them.

sapurakencana

1,144 posts

Posted by sapurakencana > 2018-12-01 22:40 | Report Abuse

Outlook (Fr TA)
We believe that FY18 revenue is expected to be driven by: i) ramping up of capacity in the milk-repackaging factory from 25% to 35% utilisation rate; ii) increase in demand for milk-based products domestically and globally as well as; iii) higher sales from printing services in the manufacturing segment.

Management guided that price of raw materials i.e. tinplates are expected to be less volatile hence providing more stability in market. Sales growth is expected to be driven by increasing demands from the biscuit industry, edible oil industry and printing services.

F&B segment performance is expected to be resilient in 2H18 and FY19 with Ringgit expected to be weaker therefore supporting export sales. Note that 70% of F&B sales are exported to Asia, Central America, Europe and Africa.

If Johotin Can fulfil this 3 condition, i believe share price can break new high .

Posted by Newtmethod > 2018-12-01 23:41 | Report Abuse

bad market sentiments but still close above ema 200. wait monday g20 summit outcome. with current eps and pe. value shud be around 1.2-1.3. fibonacci trace at 1.03. break it, break the symmetrical triangle. gogogo aleh aleh

Posted by stock_investor > 2018-12-02 19:33 | Report Abuse

Why milk-repackaging utilisation rate so low ?

ltg100y

60 posts

Posted by ltg100y > 2018-12-03 15:21 | Report Abuse

@stock_invstor, Johotin is selling its own brand milk powder, so need more time to promote to customers because still less people know their products.

targetinvest

2,670 posts

Posted by targetinvest > 2018-12-03 22:47 | Report Abuse

Johotin will focus export market more than local market

targetinvest

2,670 posts

Posted by targetinvest > 2018-12-03 22:47 | Report Abuse

The cheaper ringgit will be favourable for johotin for more export

bsngpg

2,844 posts

Posted by bsngpg > 2018-12-04 12:52 | Report Abuse

16AR(Mar17) : FongSL 1.5m shares +1.3m Wa =2.8m
17AR(Mar18) : FongSL 4.9m =2.8m+2.1m new purchase between Mar 17 to Mar18

bsngpg

2,844 posts

Posted by bsngpg > 2018-12-04 12:54 | Report Abuse

4 cts div in 18 = 4% yield based on today price at RM1.

targetinvest

2,670 posts

Posted by targetinvest > 2018-12-04 19:28 | Report Abuse

Solid and steady

Woolei

292 posts

Posted by Woolei > 2018-12-05 00:29 | Report Abuse

how come no news on that 40% share of mexico plant?

Posted by stock_investor > 2018-12-05 07:53 | Report Abuse

Haix today sure down due to dow jones drops 800pts. More worst than 2008 crisis. Trade war happens for 10 month. Trump will only resolve before 2020.

bgt9963

572 posts

Posted by bgt9963 > 2018-12-05 08:20 | Report Abuse

Year end sales..a lot of counters on offer..dumb dumb buy....!

Davidl

1,816 posts

Posted by Davidl > 2018-12-05 11:43 | Report Abuse

Overbought territory, better beware of correction

targetinvest

2,670 posts

Posted by targetinvest > 2018-12-05 12:27 | Report Abuse

Naysayer come here talk bad thing so they can buy low? No more cheap la.. next one 1.50 soon

targetinvest

2,670 posts

Posted by targetinvest > 2018-12-07 20:13 | Report Abuse

Once market bounce back... interest in johotin will resume

targetinvest

2,670 posts

Posted by targetinvest > 2018-12-07 20:14 | Report Abuse

Now is good to accumulate for next quarter + some free dividend

targetinvest

2,670 posts

Posted by targetinvest > 2018-12-09 23:46 | Report Abuse

Faster buy loooo

Tomorrow resume buying

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2018-12-10 10:39 | Report Abuse

the operator is resting now.

keyin

2,150 posts

Posted by keyin > 2018-12-10 16:29 | Report Abuse

Boring market

targetinvest

2,670 posts

Posted by targetinvest > 2018-12-10 18:52 | Report Abuse

Everything drop but johotin steady... well done johotin

Posted by rosewood133 > 2018-12-10 20:14 | Report Abuse

Asia bagus

targetinvest

2,670 posts

Posted by targetinvest > 2018-12-11 02:29 | Report Abuse

2019... is johotin year

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2018-12-11 10:46 | Report Abuse

will push up after ex-date

BonZema72

219 posts

Posted by BonZema72 > 2018-12-12 10:35 | Report Abuse

Any info for Mexico plant progress?

LuckyG

1,698 posts

Posted by LuckyG > 2018-12-12 16:07 | Report Abuse

most weird transaction pattern i ever see . buy vs sell .

targetinvest

2,670 posts

Posted by targetinvest > 2018-12-12 23:20 | Report Abuse

Everyday buy 100 lot to keep

targetinvest

2,670 posts

Posted by targetinvest > 2018-12-12 23:20 | Report Abuse

2019 become superstar series

targetinvest

2,670 posts

Posted by targetinvest > 2018-12-12 23:20 | Report Abuse

All the prominent investor.. fund manager.. unit trust fund.. all will come and find johotin

Icon8888

18,658 posts

Posted by Icon8888 > 2018-12-13 05:33 | Report Abuse

If 4 Sen EPS per quarter sustainable, the stock trades at 12 times PE, target price RM2.00 ?

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2018-12-13 08:43 | Report Abuse

waiting icon8888 to share this undervalued stock.

targetinvest

2,670 posts

Posted by targetinvest > 2018-12-13 13:58 | Report Abuse

Dun curi my counter and take credit...
Johotin is my baby

BonZema72

219 posts

Posted by BonZema72 > 2018-12-13 14:34 | Report Abuse

wow. Good movement for Johotin today! Keep it up!

Babubilbo

36 posts

Posted by Babubilbo > 2018-12-13 16:50 | Report Abuse

move up johotin fuhhh...

lloydlim

3,969 posts

Posted by lloydlim > 2018-12-13 20:06 | Report Abuse

Time to accumulate!

targetinvest

2,670 posts

Posted by targetinvest > 2018-12-13 23:19 | Report Abuse

Journey to 1.20 has started

keyin

2,150 posts

Posted by keyin > 2018-12-14 08:32 | Report Abuse

When can go to 2?

Posted by rosewood133 > 2018-12-14 08:51 | Report Abuse

up up and away:)

Icon8888

18,658 posts

Posted by Icon8888 > 2018-12-14 09:45 | Report Abuse

I ride with you guys.

Posted by PotentialGhost > 2018-12-14 09:53 | Report Abuse

Gogogo johotin

CharlesT

14,889 posts

Posted by CharlesT > 2018-12-14 09:54 | Report Abuse

Johotin is good lah...somemore Boss likes to goreng too

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2018-12-14 09:55 | Report Abuse

Hope icon8888 sifu write an article to introduce johotin

Icon8888

18,658 posts

Posted by Icon8888 > 2018-12-14 10:03 | Report Abuse

no more energy... need a break... year end coming...

CharlesT

14,889 posts

Posted by CharlesT > 2018-12-14 10:04 | Report Abuse

Wait for 2019....better fengsui next year...this year's Fengsui is only good for CPTeh....

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2018-12-14 10:06 | Report Abuse

okay,have a good rest.

Icon8888

18,658 posts

Posted by Icon8888 > 2018-12-14 10:11 | Report Abuse

my fengshui master said next year is my Tai Sui Nin (big water year)

hope he is not comforting me to earn my fee

: )

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2018-12-14 10:13 | Report Abuse

i thought Tai Sui Nian means犯太岁?

VenFx

14,784 posts

Posted by VenFx > 2018-12-14 10:13 | Report Abuse

Next year good for Rabbit.

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