ABLE GLOBAL BERHAD

KLSE (MYR): ABLEGLOB (7167)

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Last Price

1.95

Today's Change

-0.01 (0.51%)

Day's Change

1.92 - 1.95

Trading Volume

99,200


16 people like this.

7,374 comment(s). Last comment by xiaolongbao 4 days ago

lly316

159 posts

Posted by lly316 > 2016-09-03 17:19 | Report Abuse

May I ask what will happen to the warrant after the share split & bonus issues??

lloydlim

3,969 posts

Posted by lloydlim > 2016-09-04 19:25 | Report Abuse

Better sell off warrant & switch to mother share

Grace Ly

359 posts

Posted by Grace Ly > 2016-09-05 11:19 | Report Abuse

how is the bonus mother share calculate?

Grace Ly

359 posts

Posted by Grace Ly > 2016-09-05 11:26 | Report Abuse

how do the sub divide share works? every RM1 of share subdivide into 0.50 sent of two shares? thereafter bonus share one for every three held....anyone can help to explain?

Grace Ly

359 posts

Posted by Grace Ly > 2016-09-05 16:08 | Report Abuse

tks kareen

Posted by supergreat > 2016-09-05 23:11 | Report Abuse

try take a look at shareholder no 18 and no 30 in 2015 annual report

Abismail

651 posts

Posted by Abismail > 2016-09-05 23:27 | Report Abuse

Also no 27

Kino Kow

268 posts

Posted by Kino Kow > 2016-09-15 15:32 | Report Abuse

Wau....happy happy....kekekek

Des888

12 posts

Posted by Des888 > 2016-09-19 19:46 | Report Abuse

may i know how to count after they split like this?anybody can advise? tq

Posted by supergreat > 2016-09-19 20:05 | Report Abuse

woh! warrant new conversion price adjusted to 0.85. so buy mother share or warrant ???

Kyou

1,225 posts

Posted by Kyou > 2016-09-19 20:16 | Report Abuse

Warrant worth to buy now..??

lloydlim

3,969 posts

Posted by lloydlim > 2016-09-20 15:02 | Report Abuse

Warrant high risk o...

Posted by Lincorn Matthieu Seven > 2016-09-20 15:42 | Report Abuse

anyone check is the bonus share credited into your trading account liao??

Posted by Keat Soon Ong > 2016-09-23 17:42 | Report Abuse

Warrant looks like more aggressive than the mother share.

andyhard

147 posts

Posted by andyhard > 2016-09-25 10:25 | Report Abuse

1) As of 2Q 2016 performance, if I strip off the 3 mil FOREX gain, EPS will still be aound 0.07. (calculated based upon before bonus issue)
2) If based on EPS of 0.29, and PE=10x, the TP is around RM2.9 (ex bonus issue TP=1.087)
3) Cashflow has become very good in 2Q, inventory came down and short term trade facilities also very low with long term borrowing remain low
4) Cash has increased and it gives the group a chance to expand the milk powder lines in 2017.
5) The small MI at 2Q2016 0f 0.6mil, indicated the PAT of around 3 mil for Able food which produce milk powder.
6) This is still far away as 1Q2015 alaready achieve 3.7 mil PAT for Able Food.
7) The factory and warehouse is expected to complete by end of 2015 as indicated by the increase in capital ex and also in assets
8) Now, after 2 quarters after FY15, I expect the company should be more or least stable and should be able to provide a boast in revenue and increase in margin
9) My short/medium TP=1.087. Longer term TP=1.5

TA wise, the chart is getting ready

Posted by Kareemabduljabbar > 2016-09-25 16:51 | Report Abuse

Why you strip fx gain ? Prior quarters they have fx losses as myr weakens so the fx gain is a proper write back.

andyhard

147 posts

Posted by andyhard > 2016-09-25 17:27 | Report Abuse

FX gain is a double sided sword, it helps and it kills. I strip if off to know the efficiency of the real operation that if the margin is really maintain. From the analysis, yes, diaries division maintain PBT of around 7.7% if i strip off the forex gain. The only thing is Able Food still yet to reflect its earning visibility compared to 1Q2015 when Able Food starts operation. We shall see the margin increasing and revenue improve as well when the new packaging factory and warehouse in operation. There is no further update from management and I din see any further capital expenditure thus far in 2016. So, assumption is it is in operation probably still under commissioning. But after 2 quarters, shouldnt it be well operated?

We have to use lots of logic assumption as not much info provided. Thus, some figures in quarter report would provide some guidance for our guessing. Hope I am right.

sapurakencana

1,144 posts

Posted by sapurakencana > 2016-09-26 11:54 | Report Abuse

how u know the operation for new plant is ready,are u the employee of this company? when the AGM held & location

kahfai211

822 posts

Posted by kahfai211 > 2016-09-26 12:43 | Report Abuse

after lunch johotin might have some action

sapurakencana

1,144 posts

Posted by sapurakencana > 2016-09-26 12:46 | Report Abuse

who r u,where the message come from

Posted by Kareemabduljabbar > 2016-09-26 17:08 | Report Abuse

This company is good in corporate transparency, write to them and they will reply to you, re AGM and EGM read the bursa disclosures. As a shareholder you will also get notice. As a shareholder I am sure you will go to the meetings and ask sensible questions. If you have no idea what I am saying then maybe not the best idea that you buy stocks.

sapurakencana

1,144 posts

Posted by sapurakencana > 2016-09-26 17:33 | Report Abuse

may i have a e-mail where i can contact them directly,thanks kareemabduljabbar

sapurakencana

1,144 posts

Posted by sapurakencana > 2016-09-26 21:56 | Report Abuse

thanks Mr kareemabduljabbar :
hopefully we we can share our opinion in future & success in our investment.

Posted by Kareemabduljabbar > 2016-09-26 22:43 | Report Abuse

Inshallah semoga kita sama sama berjaya.

sapurakencana

1,144 posts

Posted by sapurakencana > 2016-09-26 23:45 | Report Abuse

my friend i already hold this counter for 5 years

Posted by William Tan > 2016-09-29 13:33 | Report Abuse

anyone buying today?

sapurakencana

1,144 posts

Posted by sapurakencana > 2016-09-29 16:20 | Report Abuse

Mr kareemabduljabbar any massage

Posted by William Tan > 2016-09-29 16:28 | Report Abuse

today quiet here nobody talk

Posted by Mudamuda Remaja Mudamuda > 2016-09-29 16:47 | Report Abuse

follow arank lbalum.....

Posted by Kareemabduljabbar > 2016-09-29 18:34 | Report Abuse

Massage closed today, come back tomorrow.

Posted by William Tan > 2016-09-30 10:45 | Report Abuse

no power liao lol

Posted by Mudamuda Remaja Mudamuda > 2016-10-04 11:38 | Report Abuse

gogogo langit

lloydlim

3,969 posts

Posted by lloydlim > 2016-10-06 12:23 | Report Abuse

Time to accumulate

Posted by supergreat > 2016-10-06 14:30 | Report Abuse

should buy mother share or warrant?

Posted by Kareemabduljabbar > 2016-10-06 14:45 | Report Abuse

Warrants, new shareholder coming soon,

mhelmi80

165 posts

Posted by mhelmi80 > 2016-10-06 14:52 | Report Abuse

who's

Grace Ly

359 posts

Posted by Grace Ly > 2016-10-06 14:59 | Report Abuse

any good news coming?

Grace Ly

359 posts

Posted by Grace Ly > 2016-10-06 18:00 | Report Abuse

is there any good news coming... anyone know ke?

Posted by skylifttoptoptop > 2016-10-07 09:11 | Report Abuse

good morning all Johorian.... top top top !

Posted by Mudamuda Remaja Mudamuda > 2016-10-07 11:33 | Report Abuse

gogogo

Posted by Mudamuda Remaja Mudamuda > 2016-10-10 09:44 | Report Abuse

gogogo

paperplane2016

21,644 posts

Posted by paperplane2016 > 2016-10-10 12:04 | Report Abuse

Buy little today

Posted by Kareemabduljabbar > 2016-10-10 20:18 | Report Abuse

Started to clear already lah. The easy gains already had, next results v v important. Will keep selling as it gets higher. Be careful of warrants as expiry next year. People will dump since don't want to convert.

Posted by smartInvestor1 > 2016-10-10 20:45 | Report Abuse

RSI 100 Overbought. Already 15% gain from this counter. How far can it go?

paperplane2016

21,644 posts

Posted by paperplane2016 > 2016-10-10 20:46 | Report Abuse

Overbought? So undervalued!

Posted by smartInvestor1 > 2016-10-10 20:52 | Report Abuse

Technical analysis RSI >70 is overbought. And it is above upper line Bolliger-band. Usually will drop back a bit in few days

Posted by smartInvestor1 > 2016-10-12 12:57 | Report Abuse

gogogo!

paperplane2016

21,644 posts

Posted by paperplane2016 > 2016-10-12 13:39 | Report Abuse

strong bounce
hhhhhhhuattttttttttt

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