ABLE GLOBAL BERHAD

KLSE (MYR): ABLEGLOB (7167)

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Last Price

1.95

Today's Change

+0.01 (0.52%)

Day's Change

1.94 - 2.00

Trading Volume

755,000


16 people like this.

7,311 comment(s). Last comment by dawchok 1 hour ago

sapurakencana

1,144 posts

Posted by sapurakencana > 2020-02-12 23:08 | Report Abuse

If the investment strategic is wrong,this will cause price drop.& why need to wait until S&P sign than declare the purpose of land acquisition. As you know nobody will spend so much money during this critical period (coronavirus)

sapurakencana

1,144 posts

Posted by sapurakencana > 2020-02-12 23:26 | Report Abuse

please do not ask money from the minority shareholder,as i guess only small portion of stakeholder willing to subscribe right issue at this moment when market short of money.(not a right time)

chai2145

75 posts

Posted by chai2145 > 2020-02-12 23:36 | Report Abuse

Buy land for what ,.land only?

Posted by simplelife4896 > 2020-02-13 15:18 | Report Abuse

i think there is an error...kapar is a town in klang... not perak..

sapurakencana

1,144 posts

Posted by sapurakencana > 2020-02-13 16:00 | Report Abuse

dont simply make a silly mistake cause the rest of the shareholder suffer! who are the consultant in the company can provide the fair & true view of the value of this land.Because in KLSE there r so many cases where company buy land at higher price,finally end with delisted & minority get nothing (ie : Anson that i brought 1996(NTA RM4.5)delisted until now.

Posted by onlyinvestment > 2020-02-13 17:16 | Report Abuse

Sell at 1.78 . Just want take small profit. And will buy back if price drop.

zigua

20 posts

Posted by zigua > 2020-02-14 09:38 | Report Abuse

Johotin 购买的土地在Jalan Akob,Kampung Kapar,Kapar,Selangor,那里不远处是Kapar Industrial Park 工业区,不相信可以在google maps 里搜索,霹雳州是没有一个叫kapar 的地方,Kampar 就有!

zigua

20 posts

Posted by zigua > 2020-02-14 09:46 | Report Abuse

Directors of the Companies RM RM
- Rental of factory 545,400 480,600
- Rental of hostel 3,000 9,000
Related Companies RM RM
- Sales of goods 6,092,930 2,914,483
- Purchases of goods 227,508 90,647

在上一季度报告里,johotin 在之前的扩充中已经需要租用厂房和宿舍,那么现在买地的目的应该就是要解决这问题,以节省开销!这是相当正面和正确的决定!

remus

110 posts

Posted by remus > 2020-02-14 12:07 | Report Abuse

PublicInvest Research:
Johore Tin (Outperform, TP: RM1.84): To buy 29 acre land in Kapar for RM44m. Johore Tin said its wholly-owned unit Able Dairies SB has proposed to acquire a piece of land measuring 29.03 acres in Kapar, Perak for RM44.26m from Golden Valley Industries SB. (The Edge). Comments: We believe the purchase price for the proposed freehold land is fair at RM35 psf. While the intention of the deal is yet to be known, we do not think it will be used for capacity expansion in the near term, given the recent expansion at its current facility in Telok Panglima Garang. Johore Tin was in a net cash position of RM37.7m as at 31 Dec 2018. Hence, we believe the acquisition will be funded via a mix of internally generated fund and bank borrowing.

zigua

20 posts

Posted by zigua > 2020-02-14 12:20 | Report Abuse

The Board of Directors of JTB wishes to announce that Able Dairies Sdn. Bhd. [200701007073(765074-D)] (“ADSB” or “Purchaser”) of Lot 2259 & 2263, Jalan Helang, Off Jalan Kebun Baru, 9th Mile, Jalan Klang-Banting, Telok Panglima Garang, 42500 Kuala Langat, Selangor, a wholly-owned subsidiary of JTB, had received a Letter of Intent for sale of proposed piece of freehold land measuring a total of 29.0307 acres located at Jalan Akob, Kapar ("the said Land") from Golden Valley Industries Sdn. Bhd. [201901024288(1333617-H)] (“GVISB” or “Vendor”) of No. 2, Jalan Setia Dagang U13/AK, Seksyen U13, Setia Alam, 40170 Shah Alam, Selangor, at a purchase consideration of RM44,260,205.22 (Ringgit Malaysia: Forty Four Million Two Hundred Sixty Thousand Two Hundred Five and Cents Twenty Two Only).

这是公司的公告!哪个比较可以相信?

sapurakencana

1,144 posts

Posted by sapurakencana > 2020-02-14 12:41 | Report Abuse

Jalan Akob,Kampung Kapar,Kapar,Selangor,那里不远处是Kapar Industrial Park 工业区.
Zigua : 2 different area sure have different land value even kapar industrial park is nearby.who else can provide the industry land value per sf for this 2 area.

Posted by Happyman123 > 2020-02-16 12:27 | Report Abuse

it should be in selangor! Not perak!

Posted by Hong Jun Lee > 2020-02-17 12:13 | Report Abuse

2.0 for today

Posted by Happyman123 > 2020-02-18 22:23 | Report Abuse

Last chance for you to take the rocket!

sapurakencana

1,144 posts

Posted by sapurakencana > 2020-02-19 11:41 | Report Abuse

no ! no! no!,you still got at least 2 month before this counter can attract the eye of investor,do your home work before invest!

sapurakencana

1,144 posts

Posted by sapurakencana > 2020-02-19 11:48 | Report Abuse

i consider it still long way to go due to uncertainty when company acquire new land,Every time when there is a acquisition, they need to spend at least 3 years to turnaround /double it revenue.Every action need to take time to generate the fruit. This counter not for short term, dont ever follow the market sentiment like what you invest in semi-con industry

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2020-02-20 12:52 | Report Abuse

johomilk steady yaa !

A breakthrough and stay above 1.87 mean horseh !

alant812

167 posts

Posted by alant812 > 2020-02-20 17:01 | Report Abuse

hosei ah

gemfinder

6,880 posts

Posted by gemfinder > 2020-02-20 17:03 | Report Abuse

rm2 coming

paperplane

21,565 posts

Posted by paperplane > 2020-02-20 17:21 | Report Abuse

great

sapurakencana

1,144 posts

Posted by sapurakencana > 2020-02-20 19:34 | Report Abuse

Dont happy to early,as i forsee there is a selling pressure at RM1.83.Every time when people buy at above RM1.83,there is a secret hand who sold 100 lot to 380 lot . Be careful when trading(This happen in Perdana when everybody enjoy the party,but the result come out with loss.

sapurakencana

1,144 posts

Posted by sapurakencana > 2020-02-20 20:41 | Report Abuse

Perdana daily trading (volume for the past 4 day is the highest that means insider already left market within this week),so what wil happen tomorrow.
19/02/2020 0.485 0.47 - 0.50 0.48 0.00 (0.00%) 25,136,100
18/02/2020 0.485 0.47 - 0.495 0.48 -0.005 (1.03%) 18,359,400
17/02/2020 0.475 0.475 - 0.505 0.485 +0.015 (3.19%) 47,323,300
14/02/2020 0.46 0.46 - 0.485 0.47 +0.01 (2.17%) 38,514,300
13/02/2020 0.47 0.455 - 0.475 0.46 0.00 (0.00%) 7,380,600
12/02/2020 0.46 0.455 - 0.485 0.46 +0.005 (1.10%) 19,389,700
11/02/2020 0.455 0.455 - 0.465 0.455 +0.005 (1.11%) 14,515,600
10/02/2020 0.46 0.45 - 0.48 0.45 -0.015 (3.23%) 13,570,200
07/02/2020 0.475 0.46 - 0.48 0.465 -0.01 (2.11%) 10,208,900
06/02/2020 0.465 0.45 - 0.485 0.475 +0.025 (5.56%) 29,788,500

gemfinder

6,880 posts

Posted by gemfinder > 2020-02-21 10:06 | Report Abuse

rm2 coming!!!!

alant812

167 posts

Posted by alant812 > 2020-02-21 10:14 | Report Abuse

waiting for quarter nice stock nice trend

LuckyG

1,698 posts

Posted by LuckyG > 2020-02-21 10:29 | Report Abuse

Sold all my shares... Holding zero shares now.... I guess major equity crash is very near. Good luck guys... I still believe johotin Q will be very good.

Posted by jingming8154 > 2020-02-21 10:30 | Report Abuse

lucky GG

fujiapple

240 posts

Posted by fujiapple > 2020-02-21 11:49 | Report Abuse

I also take profit at 1,88,..

alant812

167 posts

Posted by alant812 > 2020-02-21 13:19 | Report Abuse

more bullet coming

bsngpg

2,842 posts

Posted by bsngpg > 2020-02-21 13:30 | Report Abuse

Ren Yan said :
1) no growth, no buy. Johotin has good growth story
2) take care small shareholder i.e. give dividend when there is profit. : Johotin give good dividend consistently

Thus I will hold Johotin for another 3 years.

gemfinder

6,880 posts

Posted by gemfinder > 2020-02-21 13:44 | Report Abuse

Those sold wil cry later. Now,only engine started

sapurakencana

1,144 posts

Posted by sapurakencana > 2020-02-21 14:34 | Report Abuse

dont to happy,may be Lucky G will be the only people laugh to the banker.

LuckyG

1,698 posts

Posted by LuckyG > 2020-02-21 14:52 | Report Abuse

I believe johotin is doing well as I mentioned. Johotin is the last counter I dispose all my share. But believe me the perfect storm is very near us now.... I too small to fight tsunami.

LuckyG

1,698 posts

Posted by LuckyG > 2020-02-21 15:01 | Report Abuse

Johotin is a good counter. Even if johotin keep going up when crash time I am no surprise. Because all my income is from investment income I just don't want to bet. Good luck guys. Been here more then 3yrs. See you guys after tsunami.

sapurakencana

1,144 posts

Posted by sapurakencana > 2020-02-21 15:07 | Report Abuse

i also hope perfect storm will reach soon,otherwise no incentive can help us to boost our economy.
At the same time i do believe china share market will recover within 6 month time due to this perfect storm (Coronavirus).

fujiapple

240 posts

Posted by fujiapple > 2020-02-22 00:39 | Report Abuse

close below 1.87..uptrend still unclear..

clown

25 posts

Posted by clown > 2020-02-24 17:52 | Report Abuse

dividend 1.4sen

Patrick13

1,971 posts

Posted by Patrick13 > 2020-02-24 19:26 | Report Abuse

QR not release yet but announce the dividend? What's the meaning? And 1.4 sen per share dividend is lower than 2 sen per share in 4Q19.

sapurakencana

1,144 posts

Posted by sapurakencana > 2020-02-24 19:27 | Report Abuse

this is 4th interim dividend,does it means got another final dividend coming soon?

Patrick13

1,971 posts

Posted by Patrick13 > 2020-02-24 19:49 | Report Abuse

Possible, the last final dividend paid is during FY2017.

hom3boy

589 posts

Posted by hom3boy > 2020-02-24 19:56 | Report Abuse

if this is the case for final, the qr should be good

ltg100y

60 posts

Posted by ltg100y > 2020-02-24 22:14 | Report Abuse

dividend lower maybe due to two scenario: first is PAT lower than 10 million, another scenario is Johotin keep more cash to buy land. First scenario may be due to higher raw materials price so lower PAT. If second scenario, Johotin want to keep more cash for next expansion (buy land and build a new plant), so temporary won't be high dividend payout company.

gemfinder

6,880 posts

Posted by gemfinder > 2020-02-24 22:17 | Report Abuse

Buy land gua. Tat day not anounced buy land meh

pang72

48,022 posts

Posted by pang72 > 2020-02-24 22:21 | Report Abuse

Back to mamaland rm1. 00

snake_eye

943 posts

Posted by snake_eye > 2020-02-25 11:45 | Report Abuse

raw material price was decreasing in period for the final quarter

clown

25 posts

Posted by clown > 2020-02-25 17:52 | Report Abuse

4.13 EPS

clown

25 posts

Posted by clown > 2020-02-25 18:39 | Report Abuse

Woah share of associate profit 1.37m

sapurakencana

1,144 posts

Posted by sapurakencana > 2020-02-25 19:01 | Report Abuse

Revenue up compare last quarter,net profit drop due to allowance of doubtful debt & selling & distribution expenses.

alant812

167 posts

Posted by alant812 > 2020-02-25 19:06 | Report Abuse

still doing well

gemfinder

6,880 posts

Posted by gemfinder > 2020-02-25 19:51 | Report Abuse

Aceptable result. Hold

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