ABLE GLOBAL BERHAD

KLSE (MYR): ABLEGLOB (7167)

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Last Price

1.93

Today's Change

-0.02 (1.03%)

Day's Change

1.92 - 1.94

Trading Volume

37,600


16 people like this.

7,374 comment(s). Last comment by xiaolongbao 5 days ago

icon8888

18,658 posts

Posted by icon8888 > 2015-10-21 10:10 | Report Abuse

Somebody aggressively buying WA

Mother will run wild soon

murali

5,723 posts

Posted by murali > 2015-10-21 10:27 | Report Abuse

Canone up up up, Johotin leh?

murali

5,723 posts

Posted by murali > 2015-10-21 10:49 | Report Abuse

Market needs milk....

icon8888

18,658 posts

Posted by icon8888 > 2015-10-21 12:03 | Report Abuse

Wow what happened ?

203

jc5360

90 posts

Posted by jc5360 > 2015-10-21 12:35 | Report Abuse

wow got people buy

icon8888

18,658 posts

Posted by icon8888 > 2015-10-21 12:38 | Report Abuse

Dairy play is the theme now

Canone also up

icon8888

18,658 posts

Posted by icon8888 > 2015-10-21 12:42 | Report Abuse

I think it can go 3

icon8888

18,658 posts

Posted by icon8888 > 2015-10-21 13:08 | Report Abuse

Ha ha lets target 2.50 within 6 months

icon8888

18,658 posts

Posted by icon8888 > 2015-10-21 13:40 | Report Abuse

After reach 2.50 then we sit down and cerita 3.00

murali

5,723 posts

Posted by murali > 2015-10-21 14:06 | Report Abuse

Shall b sooner than yr expectation

Posted by DarKLoRD888999 > 2015-10-21 16:04 | Report Abuse

icon tomypak more stronger so i bought tomypak more then johotin cause got a same director inside named lim hun swee LOL

icon8888

18,658 posts

Posted by icon8888 > 2015-10-21 17:56 | Report Abuse

Good on you DarkLord, black cat white cat can catch mice is good cat

lyl2832

21 posts

Posted by lyl2832 > 2015-10-21 18:29 | Report Abuse

Hi Icon, tq for your excellent write up on Johotin. Since Johotin has moved, has to look for other quality laggards. How about your the other star, IQ ?

icon8888

18,658 posts

Posted by icon8888 > 2015-10-21 20:18 | Report Abuse

I am not selling Johotin yet

Waiting for 2.5

lyl2832

21 posts

Posted by lyl2832 > 2015-10-21 20:55 | Report Abuse

Tq for your advice, Icon

sapurakencana

1,144 posts

Posted by sapurakencana > 2015-10-28 23:29 | Report Abuse

why stop sharing,or already sold out your position?RM2.30 coming soon.

Icon8888

18,658 posts

Posted by Icon8888 > 2015-10-28 23:34 | Report Abuse

Sorry, a bit busy lately, a lot of money to count

Targeting 2.5

Wishing for 3.00

Posted by zbaikitree2 > 2015-10-28 23:37 | Report Abuse

the last time we first heard Optimus need help in counting money.

now icon also need to spend time count money...

wakakakakaka. laughdieme liao.

sapurakencana

1,144 posts

Posted by sapurakencana > 2015-10-28 23:47 | Report Abuse

you see,every day break new high,even though end with smaller increase,it seem like somebody keep on accumulate at this level,and non of them willing to sell at RM1.96

lyl2832

21 posts

Posted by lyl2832 > 2015-10-29 13:24 | Report Abuse

May potentially hit 4 next year

Icon8888

18,658 posts

Posted by Icon8888 > 2015-10-29 18:19 | Report Abuse

Hopefully results good

As long as can maintain 7 sen EPS in coming Q, can fly to 2.50 easily

lyl2832

21 posts

Posted by lyl2832 > 2015-10-29 18:40 | Report Abuse

This counter is solely the hard work of Icon, not me. I have to thank Icon!

lyl2832

21 posts

Posted by lyl2832 > 2015-10-29 18:41 | Report Abuse

From info that I gather, it's has potential to hit 4 in 1-2 years

lyl2832

21 posts

Posted by lyl2832 > 2015-10-29 18:42 | Report Abuse

For pure fundamental reasons

Icon8888

18,658 posts

Posted by Icon8888 > 2015-10-29 19:13 | Report Abuse

Aiyo pls don't give ne too much credit

Your money your wise decision : )

sapurakencana

1,144 posts

Posted by sapurakencana > 2015-10-29 20:54 | Report Abuse

wolf is coming

Icon8888

18,658 posts

Posted by Icon8888 > 2015-10-30 07:15 | Report Abuse

Wah RM4.... My saliva flowing non stop....

Icon8888

18,658 posts

Posted by Icon8888 > 2015-10-30 08:56 | Report Abuse

Johotin is like teo Seng

Low raw material cost results in profit margin expansion

I am surprised it took so long for market to act on it

But good also, give me plenty of time to accumulate

murali

5,723 posts

Posted by murali > 2015-10-30 09:01 | Report Abuse

Let me know if u want somebody to help u count money....

Icon8888

18,658 posts

Posted by Icon8888 > 2015-10-30 09:20 | Report Abuse

I don't need u to help

Because I know your offer is not genuine

Because You already too busy counting your own money until u cannot cope

murali

5,723 posts

Posted by murali > 2015-10-30 09:22 | Report Abuse

Lol

Icon8888

18,658 posts

Posted by Icon8888 > 2015-10-30 09:24 | Report Abuse

When I challenged optimus to compete earlier on, I am thinking of using johotin and Geshen

murali

5,723 posts

Posted by murali > 2015-10-30 09:25 | Report Abuse

Again a big TQ to Bro Icon8888, thanks for yr kind effort to promote Johotin again n again...while Johotin was in low price level

Icon8888

18,658 posts

Posted by Icon8888 > 2015-10-30 09:38 | Report Abuse

Last week I sold Warrant at 40 sen and bought mother share at 2.00

Looked like the switch pay off. WA up 8 sen, mother share up 18 sen

Icon8888

18,658 posts

Posted by Icon8888 > 2015-10-30 09:42 | Report Abuse

I will sell WA at 70 sen and use the proceeds to buy mother shares

Then I will hold and wait until 3.00

If result good maybe hold longer

If not good take profit at 2.50 to 3.00

Icon8888

18,658 posts

Posted by Icon8888 > 2015-10-30 09:57 | Report Abuse

No need to thank me. You made money because u stopped scolding Uncle Koon

He got special power to deflect criticism back to you and destroy your Qi

Once u stop kacau him, u immediately Huat



murali Again a big TQ to Bro Icon8888, thanks for yr kind effort to promote Johotin again n again...while Johotin was in low price level
30/10/2015 09:25

murali

5,723 posts

Posted by murali > 2015-10-31 17:48 | Report Abuse

Q1 EPS RM0.0427
Q2 EPS RM0.0716
FH 2015 EPS RM0.1143

Sales revenue n profit contributed from Tins n Cans is rather stagnant.

However, sales revenue n profit from Milks Products has increased a lot this year. In FY2014, sales from Milks Products is around RM226.8 Millions and PBT is RM7.1 Millions. As for FH 2015, sales from Milks Products is RM163 Millions n PBT is Rm12.5 Millions. If we annualised the figure, we may see a full year sales of RM326 millions, which is a whopping 43.74% increase as compare to 2014. Their profit could be higher thanks to the weakening in RM n raw material prices.

Thus we are likely to see a higher profit in the coming Q3 result. I personally believe a EPS of RM0.09-RM0.10 is possible in Q3 and also in Q4.

If that materialised, we will have a EPS of RM0.30+ for Johotin in FY2015. At current price of RM2.19, Johotin is traded at PE of around 7.

What will be their prospect in 2016? With the full operation of their new packaging plant for milk powder,on top of the strong growth in their existing condensed milk products, I think a EPS of RM0.40-RM0.50 is likely. But most importantly, hire more QC, Jaga Kebersihan....dont create another heart attacking quality issues...pls...

murali

5,723 posts

Posted by murali > 2015-10-31 17:54 | Report Abuse

Bro Icon8888 gave a TP of RM2.50 within 6 months.However, price closed at RM2.19 on yesterday and we still have 4 weeks to go before Q3 result in End Nov.

With the bullish sentiment on Milk Plays (Canone n Johotin) since early Oct with unseen heavy trading volume in these 2 rather low profile stocks, are we going to see RM2.50 sooner than our expectation, maybe even before Q3 result is out?

murali

5,723 posts

Posted by murali > 2015-11-01 06:13 | Report Abuse

Paid up capital is only 93,305,333 shares @ Rm1.00. As at 30 Apr 2015, 30 major shareholders own around 71.93% shares. Not much of free float and not easy for somebody to acquire in big quantity.

I will take a bus to go to Senai next year to attend their AGM. Hopefully to see somebody to propose to the management on Bonus issue/ Shares Split and also free new warrants.

Sounds familiar??? Deja Vu

From OTB.

Oct 24, 2015 12:50 AM | Report Abuse

If you are a trader and you believe in TA, share split and bonus issue will improve liquidity or trading volume. Institutional investors are interested to invest in liquid stock.
All these corporate exercises will help to improve or push up the stock price.
Results showed in Hevea, VS, Liihen, Pohuat and many others. I always believe in result only.

I do not care it is white cat or black cat, can catch a rat is a good cat. I want a good cat only.
I always try to improve myself everyday, I am always flexible to learn from anyone who can show result. I am a practical person. I invest in stock market is to make money.
Thank you.

murali

5,723 posts

Posted by murali > 2015-11-01 06:25 | Report Abuse

Push the price to Rm3-RM4 then, after Ex (say 4 or 5 for 1 n free Wa etc) push to RM1+...then u will see lots of new supporters buying "Cheap" Johotin. U can increase yr wealth more than double in 1-2 year's time. It's waste to see Mr.Goh n Dato Kamaludin selling their shares cheap cheap while they can sell high high...

Make Johotin a RM500 million market capital Co, u certainly BOLEH...Show us your real real profit in 2016/2017...RM40-RM50 Million net profit...Dont be shy....

murali

5,723 posts

Posted by murali > 2015-11-01 06:30 | Report Abuse

You should not n shall not trade below PE 10

murali

5,723 posts

Posted by murali > 2015-11-01 06:41 | Report Abuse

Last but not least, maybe it's time now to change yr name to Johore Nie (Dairy) and transfer to Consumer Sector instead of the existing Industry. It will be more reflective of your core biz.

From 2016 onwards, the Tin N Cans biz may only contribute less than 20% of your total sales n profit.

Besides, market likes Milks more

sapurakencana

1,144 posts

Posted by sapurakencana > 2015-11-01 18:42 | Report Abuse

wolf is comng to town? is seem somebody keen to collect at current level? or have you realise why Mr.Goh n Dato Kamaludin willing selling their position during everybody expect the profit will double at the coming quarter

GreedBull

11 posts

Posted by GreedBull > 2015-11-02 11:15 | Report Abuse

china ends one-child policy; boost milk biz?

Posted by coffeepimple > 2015-11-02 11:15 | Report Abuse

come xox dont wait anymore

sapurakencana

1,144 posts

Posted by sapurakencana > 2015-11-02 15:27 | Report Abuse

already sell at 2.32?

sapurakencana

1,144 posts

Posted by sapurakencana > 2015-11-02 15:28 | Report Abuse

may be will drop back to 2.25

murali

5,723 posts

Posted by murali > 2015-11-02 15:30 | Report Abuse

From OTB on Oct 22, 2015 12:05 AM | Report Abuse

Do not worry when this stock is breaking new high in price.
Thank you.

murali

5,723 posts

Posted by murali > 2015-11-02 15:37 | Report Abuse

Do your homework on Johotin. If u are convinced by it's prospect in 2016/2017, buying Johotin-Wa can be very rewarding if mother can touch RM3 and above.

murali

5,723 posts

Posted by murali > 2015-11-03 06:05 | Report Abuse

Leverage play of Johotin-WA

Maturity Date : 21/11/2017 (about 2 years to go)
Exercise/ Strike/ Conversion Price : MYR 2.28 (in the money now)

Johotin-Wa closed at RM0.50 yesterday (traded at premium 19%) while mother closed at RM2.33.

Assuming u bought both mother n son at closing prices yesterday (RM2.33 n Rm0.50), your potential return will be as follows when mother touch RM3.00, RM3.50 n Rm4.00.

(Assuming WA trades at premium 10%-15%)

1.Mother TP RM3.00 (Return around 28.76%)
WA TP RM1.02-RM1.17 (Return around 104%-134%)

2.Mother TP RM3.50 (Return around 50.21%)
WA TP RM1.57-RM1.745 (Return around 214%-249%)

3.Mother TP RM4.00 (Return around 71.67%)
WA TP RM2.12-RM2.32 (Return around 324%-364%)

As u can see, Wa shall generate a much higher return than mother should prices continue to surge.

Sounds too good to be true?? Maybe OTB can share with you on his very happy experience of Hevea-WB.....

http://klse.i3investor.com/servlets/pfs/41947.jsp

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