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

LuckyG

1,698 posts

Posted by LuckyG > 2019-09-12 16:27 | Report Abuse

johotin direct deal come again ...11mil shares

gift

397 posts

Posted by gift > 2019-09-12 23:29 | Report Abuse

Big news is coming soon

k6ii

1,873 posts

Posted by k6ii > 2019-09-13 09:00 | Report Abuse

Gift: what is the big news?

Value9

256 posts

Posted by Value9 > 2019-10-01 10:56 | Report Abuse

is time to push liao. go

Value9

256 posts

Posted by Value9 > 2019-10-01 11:01 | Report Abuse

aluminum price down benefit johotin.

Posted by pepsicola1012 > 2019-10-14 14:18 | Report Abuse

what happened to Johotin ?

wan7075

239 posts

Posted by wan7075 > 2019-10-14 15:30 | Report Abuse

something bad happened? hmm...

yangxi

416 posts

Posted by yangxi > 2019-10-14 15:37 | Report Abuse

mexico factory ok?
maybe investor dumb is share , buy Electronic company

yangxi

416 posts

Posted by yangxi > 2019-10-14 15:37 | Report Abuse

if 1.30 can collect some??

LuckyG

1,698 posts

Posted by LuckyG > 2019-10-14 16:10 | Report Abuse

.........

Posted by TzeYau Tan > 2019-10-14 16:11 | Report Abuse

wash some ppl out or......

Posted by Duncan Invest > 2019-10-14 16:12 | Report Abuse

something is brewing? omg

lching

1,402 posts

Posted by lching > 2019-10-14 16:31 | Report Abuse

what happen? seems like breaking the support.

Collin Soo

894 posts

Posted by Collin Soo > 2019-10-14 16:33 | Report Abuse

Run before too late

graynoize

162 posts

Posted by graynoize > 2019-10-14 16:40 | Report Abuse

JOHORE TIN BERHAD

Type Announcement
Subject OTHERS
Description JOHORE TIN BERHAD ("JTB") - CORPORATE GUARANTEE
The Board of Directors of Johore Tin Berhad ("JTB") wishes to announce that the Company has agreed to provide a Corporate Guarantee of USD3,000,000-00 (United States Dollars: Three Million Only) in favour of AmBank (M) Berhad ("AmBank") to secure the Facility granted by AmBank to Able Dairies Sdn. Bhd., a wholly-owned subsidiary of the Company.



This announcement is dated 4 October 2019.

sapurakencana

1,144 posts

Posted by sapurakencana > 2019-10-14 16:53 | Report Abuse

even shareholding change hand,the majority still hold by director. today the minority like us thro like held.

newuser999

229 posts

Posted by newuser999 > 2019-10-14 16:54 | Report Abuse

graynoize..... Hallo, 4 October! Today is 14 October!

Posted by Kalaihselvan Krishnan > 2019-10-14 17:10 | Report Abuse

Worried

dlau8899

915 posts

Posted by dlau8899 > 2019-10-14 17:20 | Report Abuse

Repeat same pattern May 13 2019. May rebound 1.40 tomorrow

sapurakencana

1,144 posts

Posted by sapurakencana > 2019-10-14 20:55 | Report Abuse

unless the coming quarter result very bad/cease operation,otherwise as a rational person,who will sold their position when this counter PE 8 & company very generous to distribute dividend every quarter.If you r the boss of this company will you sold your position .

Posted by Happyman123 > 2019-10-14 22:13 | Report Abuse

seems like something is happening.....

ltg100y

60 posts

Posted by ltg100y > 2019-10-14 22:29 | Report Abuse

why no people talk about local F&B capacity expansion (30%)? is the new capacity already operated or still in progress?

Posted by pepsicola1012 > 2019-10-15 09:23 | Report Abuse

1.28 ... T..T

bsngpg

2,844 posts

Posted by bsngpg > 2019-10-15 09:31 | Report Abuse

Opportunity is coming for accumulation.

Up_down

4,330 posts

Posted by Up_down > 2019-10-15 09:46 | Report Abuse

Original investment in associate Able Daires Mexico costs RM 21 million for 40% stakes. Now, It costs RM 23 million to acquired additional 3.13% even before the new plant starting operation. How they arrive the figures? mind boggling.

sapurakencana

1,144 posts

Posted by sapurakencana > 2019-10-15 10:10 | Report Abuse

banker seem like no stock on hand to sell,now he start collect back,buy below 1.28
15/10/2019 9:46 AM

sapurakencana

1,144 posts

Posted by sapurakencana > 2019-10-15 10:10 | Report Abuse

If the banker over sold 2 million yesterday ,they must collect back at least 1.5mil,today,so dont simply sell your holding.
15/10/2019 9:52 AM

sapurakencana

1,144 posts

Posted by sapurakencana > 2019-10-15 10:11 | Report Abuse

Now the price RM1.30, 450 lot que to buy, i guess if no body willing to sell at this price,banker need to pay higher in the afternoon to collect back as tomorrow is T2,so be patient.
15/10/2019 10:05 AM

LuckyG

1,698 posts

Posted by LuckyG > 2019-10-15 10:17 | Report Abuse

about the subscription is increase paid up capital lah . pls check annoucement at 24 sept .

LuckyG

1,698 posts

Posted by LuckyG > 2019-10-15 10:18 | Report Abuse

30% local production is . free up not new line . this 30% is the export to central america last time now no need to send from malaysia .

sapurakencana

1,144 posts

Posted by sapurakencana > 2019-10-15 10:19 | Report Abuse

Lucky G ,have u collect back some at the bottom.

LuckyG

1,698 posts

Posted by LuckyG > 2019-10-15 10:23 | Report Abuse

bought 100k just now . wait drop again hehehe might press again ... maybe someone get margin call ...burn in other counter hahaha

LuckyG

1,698 posts

Posted by LuckyG > 2019-10-15 10:25 | Report Abuse

wcehb last time someone promote in this forum drop till die die now .... might be that guy lol

sapurakencana

1,144 posts

Posted by sapurakencana > 2019-10-15 10:28 | Report Abuse

Unless you r the banker,otherwise minority dont have so much stock to sell. If they sell now,they need to consider collect back at the lower price within 2 days time.This is the advantage of T+2,no body can cheat each other. I prefer T+1 like Hong Kong SE.

sapurakencana

1,144 posts

Posted by sapurakencana > 2019-10-15 10:42 | Report Abuse

At 10.37am,somebody sold 175lot,try to influence market to follow their step to sell down,see what will happen next.

sapurakencana

1,144 posts

Posted by sapurakencana > 2019-10-15 10:44 | Report Abuse

If the volume can not reach 1 mil, at 12.30pm, than another game will start.

sapurakencana

1,144 posts

Posted by sapurakencana > 2019-10-15 10:53 | Report Abuse

Pls dont sell at 1.32, if u sell banker have another bullet to sell down again.

sapurakencana

1,144 posts

Posted by sapurakencana > 2019-10-15 11:01 | Report Abuse

Sell back to banker when RM1.36

LuckyG

1,698 posts

Posted by LuckyG > 2019-10-15 11:04 | Report Abuse

Lol 1.36

sapurakencana

1,144 posts

Posted by sapurakencana > 2019-10-15 11:06 | Report Abuse

See again some body sold 235lot at RM1.32,try to influence market to follow their step to sell down,see what will happen next.

sapurakencana

1,144 posts

Posted by sapurakencana > 2019-10-15 11:10 | Report Abuse

somebody try to collect back 4000lot they sold below RM1.30,pls dont sell,keep until RM1.36.

sapurakencana

1,144 posts

Posted by sapurakencana > 2019-10-15 11:15 | Report Abuse

Be patient ,sell at RM1.36.

sapurakencana

1,144 posts

Posted by sapurakencana > 2019-10-15 11:22 | Report Abuse

See now banker keep on que at RM1.32,dont sell below RM1.35.

sapurakencana

1,144 posts

Posted by sapurakencana > 2019-10-15 11:37 | Report Abuse

Dont sell,keep your holding until this afternoon,see what will happen next.

sapurakencana

1,144 posts

Posted by sapurakencana > 2019-10-15 12:14 | Report Abuse

see why 690lot keep on que at RM1.32,because they try to buy at lower price to reduce their loss,pls keep sell at RM1.36 n above.

sapurakencana

1,144 posts

Posted by sapurakencana > 2019-10-15 12:30 | Report Abuse

according to yesterday record, RM1.29 sold off 1913lot, RM1.30 sold off 3667Lot, RM1.31 sold off 4941Lot,RM1.32 sold off 2248Lot & finally RM1.33 sold off 4778 lot, if all this short selling,banker need to buy back 17547 Lot as late by tomorrow morning to excape from margin call.

sapurakencana

1,144 posts

Posted by sapurakencana > 2019-10-15 12:31 | Report Abuse

so why sell at lower price now RM1.33.

somo1

178 posts

Posted by somo1 > 2019-10-15 13:53 | Report Abuse

non sense. only crazy people would short-sell illiquid stocks.

sapurakencana

1,144 posts

Posted by sapurakencana > 2019-10-15 14:28 | Report Abuse

If i talk non sense,give me a reason why they sold this counter yesterday. Every action must have their purpose.

Up_down

4,330 posts

Posted by Up_down > 2019-10-15 15:04 | Report Abuse

Able Dairies Mexico (Associate) is either seriously undervalued or something out of our expectation.

Original Investment in 40% Associate - RM 21 million (as shown in latest QR)
Additional subscriptions 3.13% - RM 23.4 million or USD 5.59 million (Cash outflow)

Is the estimated market value of Able Dairies Mexico skyrocketed to RM 750 million ( RM 23.4/3.13%) due to surging in land prices after the trade war?
Market Cap of Johotin is only RM 413 million now.


Reply to Query from Bursa
2) Basis and justification in arriving at the amount of USD5,589,427.43 for the Additional Subscription.
Answer:
The total cost of investment on newly incorporated company is to purchase land, construct building, purchase of machineries and equipment, which includes installation costs, water tank, piping, etc.

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