Posted by 1288 > 2021-08-27 14:52 | Report Abuse

Outlook


Demands for dairies products remained strong, and raw material prices specifically milk has stabilised albeit at a relatively high level. AGB is in negotiation for higher product selling price to readjust the ASP to recent increase in cost. Having that said, port congestion and elevated freight charges may present some headwinds in terms of export deliveries and profitability of F&B segment.


The Mexico plant, which was commercialised in a small scale starting mid-2021 for domestic sales, is now Safe Quality Food (SQF) certified. SQF is often a standard required to supply to big supermarket chains such as Walmart.


The Tin Manufacturing segment is expected to remain competitive amid a high metal price environment. Continuing efforts are made by AGB to negotiate for higher product selling prices and to optimise operations for better cost efficiencies

Posted by 1288 > 2021-08-27 14:52 | Report Abuse

how i miss we can go out eat mamak drink teh tarik again..

Posted by investortrader88 > 2021-08-31 11:57 | Report Abuse

Top 25 shareholders own 70.75% of Able Global Berhad

Keng Ng
11.9%

Mia Goh
11.6%

Swee Goh
7.69%

Evli Fund Management Company Ltd.
4.65%

AMMB Holdings Bhd, Asset Management Arm
4.44%

Genting Perwira Sdn Bhd
4%

PMB Investment Berhad
3.24%

Tai Boon Chua
2.98%

Hun Swee Lim
2.54%

Jin Guang Kua
2%

Miri Capital Management LLC
1.84%

Ah Yeow
1.72%

Yik Toon Ng
1.54%

Toh Peng Lock
1.32%

Versalite Sdn Bhd
1.08%

Eastspring Investments (Singapore) Limited
1.05%

Pertubuhan Keselamatan Sosial
1.01%

Siling Fong
0.98%

Hong Leong Asset Management Bhd
0.86%

Yock Hua Sia
0.86%

See Ooi Loke
0.8%

Pheim Asset Management Sdn. Bhd.
0.68%

UOB-OSK Asset Management Sdn. Bhd.
0.67%

Fortress Capital Asset Management (M) Sdn Bhd
0.66%

Neoh Choo Ee & Company Sdn Bhd
0.65%

Posted by Chong (Buy Valuable Stocks) > 2021-09-02 16:25 | Report Abuse

Why dipping so much?

Posted by Blackpepper2020 > 2021-09-02 17:10 | Report Abuse

panic sell

Posted by Chong (Buy Valuable Stocks) > 2021-09-03 17:48 | Report Abuse

Today panic buy? Haha

Posted by vincent cym > 2021-09-05 21:18 | Report Abuse

https://www.ableglobalbhd.com.my/business_industrial_parks.html

Posted by Jack888 > 2021-09-06 15:28 | Report Abuse

Buy ... more to come...accumulate

Posted by EatCoconutCanWin > 2021-09-06 15:29 | Report Abuse

his is johotin meh?

Posted by alexnada > 2021-09-07 10:48 | Report Abuse

yes. change name already.

Posted by risktoreward > 2021-09-09 20:49 | Report Abuse

strong

Posted by risktoreward > 2021-09-09 20:55 | Report Abuse

Wait for Johortin to challenge its ATH is a must

Posted by Stock Kingdom > 2021-09-10 17:23 | Report Abuse

asking Tricor for how to join the Meeting Platform at the TIIH online website

old man now need to learn how to follow the trend

Posted by Stock Kingdom > 2021-09-10 17:24 | Report Abuse

Good performance for the past 2 weeks

Posted by IamValueInvestor > 2021-09-11 12:24 | Report Abuse

EGM: 28 Sep 2021

Posted by Kensington > 2021-09-15 16:45 | Report Abuse

Technical chart shows uptrend signals.

Posted by moneySIFU > 2021-09-15 17:24 | Report Abuse

Very consistent movement since 1.45, continue hold

Posted by 1288 > 2021-09-16 14:44 | Report Abuse

https://www.sinchew.com.my/20210916/%e5%a4%a7%e9%a9%ac%e5%a4%8d%e5%b7%a5-%e5%a2%a8%e5%9b%bd%e4%ba%ae%e4%b8%bd-%e8%89%be%e6%af%94%e5%85%a8%e7%90%83%e6%9c%ab%e5%ad%a3%e6%96%99%e6%9b%b4%e5%bc%ba%e5%8a%b2/ 大马复工-墨国亮丽-艾比全球末季料更强劲/

Posted by All_in_2021 > 2021-09-17 13:07 | Report Abuse

Hope that the move to property development is a good one but probably need to stand together with the company for few years to reap the rewards

Posted by kedsheong > 2021-09-17 18:38 | Report Abuse

https://www.nst.com.my/amp/business/2021/09/727989/able-global-good-position-deliver-stronger-q4-earnings-says-ta-securities

Posted by gemfinder > 2021-09-17 21:51 | Report Abuse

Rm2 coming

Posted by tradesafely > 2021-09-18 21:04 | Report Abuse

interesting

Posted by VenFx > 2021-09-20 01:00 | Report Abuse

moneySIFU , great to see you in here.

wish you doing well , sound & safe .

Posted by dawchok > 2021-09-23 11:53 | Report Abuse

https://klse.i3investor.com/servlets/staticfile/438095.jsp
TP RM2.40.

Posted by moneySIFU > 2021-09-23 23:08 | Report Abuse

Hi VenFx Bro, it is great to see you again

Same to you, God bless you & your family

Posted by 1288 > 2021-09-24 10:43 | Report Abuse

nice

Posted by 1288 > 2021-09-24 11:31 | Report Abuse

surely it will be better next qtr when seeing mexico production kicks in

Posted by Michael Kwok > 2021-09-24 11:54 | Report Abuse

Me write Buy below rm 1.40.There write is above rm 1.70.
Price rm 1.70.

https://klse.i3investor.com/servlets/ptres/60856.jsp

Posted by All_in_2021 > 2021-09-24 16:46 | Report Abuse

i read mexico production will only be at breakeven next quarter. Probably higher revenue but not profit

Posted by cbkia4896 > 2021-09-24 18:15 | Report Abuse

I see ABLEGROUP qr red red. I thought it's ableglob

Posted by risktoreward > 2021-09-24 19:24 | Report Abuse

ya, johotin name so nice. y they changed

Posted by Blackpepper2020 > 2021-09-26 13:27 | Report Abuse

they just dont want to stereotyped related with Tins

Posted by OldWiseMan100 > 2021-09-27 14:28 | Report Abuse

I've been researching their milk product. Can't find it on Walmart or Amazon. Can't even google anything related to their milk product in USA, Canada or Mexico. Am I missing something?

Posted by Richard Lee > 2021-09-28 09:05 | Report Abuse

@oldwiseman, this dairy product only target for developing countries. USA rich people wont consume this,

Still see a lot ABLE condense milk tin at Eco RM2 shop, I think the profit margin very little

Posted by All_in_2021 > 2021-09-28 12:52 | Report Abuse

but i think the Mexico factory is to produce and supply to Walmart?

Posted by OldWiseMan100 > 2021-09-28 22:17 | Report Abuse

@Richard Lee

The said they open a factory in Mexico to market their products for the North America region, not South America. Which is why I did a simple research and found nothing on Amazon or Walmart, not even in Google Search, including Mexico.

This is a very tough market, Nestle and all the big brands have a brand name and people normally dont switch. Not to mention baby formula milk? nobody is going to buy that, and if want to buy cheap one, even nestle produce cheap baby milk formula, thus, how in the world is Able going to compete?

Posted by coolkwc > 2021-09-29 10:22 | Report Abuse

I think this stock price will stay like this until next QR report...very low daily volume

Posted by All_in_2021 > 2021-09-29 13:59 | Report Abuse

North America or Northern America is the northern landmass of the Americas. ... It includes the world's largest island Greenland and the sovereign states of Canada, the United States, and Mexico.

It should be in the US, but not sure why is very difficult to get information on this. Not appearing on amazon, google or any shopping platform

Posted by zhendehenre > 2021-09-29 16:52 | Report Abuse

Very very excited for the Mexico plant's success in serving the NA region!

Posted by Chong (Buy Valuable Stocks) > 2021-09-30 09:53 | Report Abuse

To the moon!

Posted by moneySIFU > 2021-09-30 09:54 | Report Abuse

Good

Posted by moneySIFU > 2021-09-30 09:57 | Report Abuse

Received dividend & see capital gain

Posted by rksrt007 > 2021-09-30 15:03 | Report Abuse

@oldwiseman100

USA they do OEM brand so you search cannot find as OEM brand may be registered with Amazon / Walmart . Company brand Able Farm available in smaller chains at this moment.

@ Richard Lee - USA got big population of Mexicans and other Latin nationalities and they use this product a lot .

Posted by coolkwc > 2021-09-30 16:05 | Report Abuse

Thanks for the profit, sold all @ 1.77 after it turn green finally. Been 'trapped' for few week, didn't expect it become dead silent after bought, haha.

Posted by winnerz > 2021-10-02 23:21 | Report Abuse

A slowly & steady counter, with the strong support from cold eye. Stay tune, folks.

Posted by risktoreward > 2021-10-14 00:32 | Report Abuse

took profit 1.75, 15% return after holding for 3 months

Posted by zhendehenre > 2021-10-15 13:49 | Report Abuse

Actually very strong at this level woh...
Macam ada potensi agak tinggi

Posted by legend0105 > 2021-10-21 12:45 | Report Abuse

Just wanna know is there any information on how does the company cope with high commodity price level? Will they be able to pass it through to the clients/ end consumers?

Posted by winnerz > 2021-10-22 21:18 | Report Abuse

After done my research, I think the nxt QR might not as 'recovered' as wat I expected, I've TP ysty. Hope can come back at a lower price later.

Posted by Blackpepper2020 > 2021-10-29 01:06 | Report Abuse

why u think so winnerz, would you mind to share your view?