Posted by paperplane2016 > 2016-11-26 20:04 | Report Abuse

Wow, how you managed to contact this insider...

Posted by probability > 2016-11-26 20:19 | Report Abuse

http://www.ablefood.asia/contact

Posted by probability > 2016-11-26 20:20 | Report Abuse

but lets not spoil a goodwill polite gesture of someone for our personal gains... if interested just send a mail.

Better dont call and ask so many questions like me...

Posted by paperplane2016 > 2016-11-26 20:38 | Report Abuse

You terror lay bro. Steady.

Posted by 8wpwtmt8 > 2016-11-26 21:03 | Report Abuse

Dear probability, may I know whether the new factory has started operation already or not? Please enlighten me.

Posted by paperplane2016 > 2016-11-26 21:10 | Report Abuse

Quarterly report mentioned that. But not full capacity if not wrong

Posted by Icon8888 > 2016-11-26 21:21 | Report Abuse

I am able to spot two points :

(1) MI is small at 0.15 mil. This means that Able Food (80% owned) generated net profit of RM0.75 mil. This means that the new factory is not running at full capacity yet. This is also consistent with probability's fact check with Johotin people (as mentioned above)

(2) Tin division played major role in driving up this quarter profit. In good years (2012 to 14), this division PBT per quarter approximately RM2.5 mil. In bad years (2015), this division PBT per quarter was RM1.5 mil (weak Ringgit increase import cost). However, in latest quarter, this division generated PBT of RM4.95 mil (please refer page 10 of quarterly report). This will not be sustainable.

Conclusion : if you adjust the tin division profit back to normal, Group profit should be reduced by let's say, RM2.5 mil. This is the negative point

On the other hand, there is hope that Able a Food factory once running full capacity, there will be a boast to earning. This is the positve point.

Overall, I would say that the latest strong profit has been overstated by tin division profit by around RM2 mil. Next quarter tin division might be lower. However, Able Food could surprise on the upside, if the new factory is as good as management has been telling us

That is all I can say.

Please don't shoot the messenger

Posted by probability > 2016-11-26 21:30 | Report Abuse

thank you so much Icon....no information can be more valuable than the one who had drank the most milk from Johotin! he he..

Posted by tkp2 > 2016-11-26 21:37 | Report Abuse

Icon new girl friend is Unimech-wa? hihihi

Posted by tkp2 > 2016-11-26 21:39 | Report Abuse

we played Johotin-wa 2 times earn gua liat gua liat, time to change girl friend lor

Posted by tkp2 > 2016-11-26 21:39 | Report Abuse

Johotin not so "fresh" anymore

Posted by tkp2 > 2016-11-26 21:41 | Report Abuse

Unimech-wa still a virgin

Posted by Icon8888 > 2016-11-26 21:42 | Report Abuse

Accidentally deleted the girl friend comment

But hee hee hee the sentiment is indeed like that, after fooling around with her for two years (and scored two rounds !!!), it is time to let go haha

Posted by tkp2 > 2016-11-26 21:43 | Report Abuse

lol, didn't know you also have this "playboy" blood inside you

Posted by Icon8888 > 2016-11-26 21:44 | Report Abuse

Haha I talk only lah. Old man legs also wobbly already... How to fool around ?

Posted by tkp2 > 2016-11-26 21:44 | Report Abuse

let paperplane play with this old lady lah

Posted by Icon8888 > 2016-11-26 21:45 | Report Abuse

Paperplane Gold digger hee hee hee

Posted by paperplane2016 > 2016-11-26 21:47 | Report Abuse

Con. Tin division no longer major contribution. Able food more important now. And upside of able food much higher than tin. Read their comment carefully.

Posted by tkp2 > 2016-11-26 21:47 | Report Abuse

he dig bornoil for almost one year liao, but gold so little, hihihi

Posted by paperplane2016 > 2016-11-26 21:49 | Report Abuse

However, the Group is subject to market risk in term of foreign currency, on sales and purchases that are denominated in foreign currency other than Ringgit Malaysia. The Group maintains a natural hedge, whenever is possible, by matching the receivables and the payables in the same currency, any unmatched balances will be hedged by the forward foreign currency contracts.

Posted by tkp2 > 2016-11-26 21:49 | Report Abuse

paperplane timing is bad, he should follow us play johotin last year, now only bullish, real sochai

Posted by paperplane2016 > 2016-11-26 21:50 | Report Abuse

B3. Prospects of the Group
a) Tin Manufacturing Industry
The demand for the tin manufacturing industry will remain challenging due to higher material costs. If the material costs remain unfavourable in the near term, the Group may have to adjust the selling prices accordingly. This segment will continue to be profitable.
b) F&B Industry
Demand is expected to remain strong although we foresee a very competitive market. This segment will continue to be profitable despite volatility in raw materials prices and uncertainties in global economies.

Posted by Icon8888 > 2016-11-26 21:50 | Report Abuse

tkp and I dumped the slut and paperplane marry her

Now find out cry also no tears

Posted by tkp2 > 2016-11-26 21:53 | Report Abuse

sochai 到。。。。。。。。

Posted by Icon8888 > 2016-11-26 21:53 | Report Abuse

LOL Johotin has been repeating the same wording every quarter since last year

Paperplane treats it as though it is insider info LOL

Really got played kow kow by the girl around her finger tips

Posted by paperplane2016 > Nov 26, 2016 09:50 PM | Report Abuse

B3. Prospects of the Group
a) Tin Manufacturing Industry
The demand for the tin manufacturing industry will remain challenging due to higher material costs. If the material costs remain unfavourable in the near term, the Group may have to adjust the selling prices accordingly. This segment will continue to be profitable.
b) F&B Industry
Demand is expected to remain strong although we foresee a very competitive market. This segment will continue to be profitable despite volatility in raw materials prices and uncertainties in global economies.

Posted by paperplane2016 > 2016-11-26 21:53 | Report Abuse

Both continue profitable. They have the right to up price.

Posted by tkp2 > 2016-11-26 21:55 | Report Abuse

no meat already lor， got also dry meat, all the juicy meat is we both sapu already, sochai

Posted by paperplane2016 > 2016-11-26 21:57 | Report Abuse

Tin contribute 8mil, food 18mil. And food continue growing. So what to worry about tin?.. Tin price increase tremendously, see Msc. But if they can up their price, I don't see much issues..

Posted by tkp2 > 2016-11-26 21:59 | Report Abuse

go and check food profit how much of that is forex gain, when ringgit strengthen, you are trap lor, lol

Posted by Icon8888 > 2016-11-26 22:00 | Report Abuse

You thought want rise can rise meh ? They got competitors lah. That division s a matured industry , no bargain power.

Posted by paperplane2016 > 2016-11-26 23:01 | Report Abuse

Myr stregthen? Biggest joke I hear this yr.....common sense pun talk Ada. Next yr if myr not 5 against use, I quit i3forum.
Everyone said diary matured, but I keep seeing new competitor came in sapu mkt.

Posted by Icon8888 > 2016-11-26 23:32 | Report Abuse

Wah USD 5 ?

Posted by paperplane2016 > 2016-11-26 23:39 | Report Abuse

Hike 2 times enough to kill myr

Posted by VenFx > 2016-11-26 23:47 | Report Abuse

Ooops !

Posted by paperplane2016 > 2016-11-26 23:49 | Report Abuse

All vulgar king here. Congrats. All those mother father words here soon. Bad karma follow these ppl always. Good luck

Posted by SALAM > 2016-11-27 10:59 | Report Abuse

All sifus arguments are juicy stuff.. Keep it up shabas..

Posted by paperplane2016 > 2016-11-28 11:02 | Report Abuse

so quiet

Posted by probability > 2016-11-28 11:50 | Report Abuse

should chg name to JohorFood

Posted by Icon8888 > 2016-11-28 11:51 | Report Abuse

Or Johor Nen Nen

Posted by tkp2 > 2016-11-28 11:52 | Report Abuse

lol

Posted by VenFx > 2016-11-28 11:55 | Report Abuse

Yellow talk not allowed here.

Posted by paperplane2016 > 2016-11-28 13:11 | Report Abuse

vulgar king is here again

Posted by tkp2 > 2016-11-28 17:00 | Report Abuse

sochai plane now must be panicking, warrant at 0.49 for him to sell he don't want, now drop to 0.395 only.

And he laughed at our Unimech-wa.........today up 20%

Posted by Satan > 2016-11-28 17:15 | Report Abuse

Drop.....

Posted by Satan > 2016-11-28 17:15 | Report Abuse

My average price is 0.455,should i sell now @tkp2

Posted by Satan > 2016-11-28 17:21 | Report Abuse

@chieng8182 ur means should sell now?

Posted by paperplane2016 > 2016-11-28 17:21 | Report Abuse

just sell if no holding power

Posted by Satan > 2016-11-28 17:25 | Report Abuse

Just hold till next quarter result? @plane

Posted by paperplane2016 > 2016-11-28 17:58 | Report Abuse

hopefully.....hehe. next yr mah........still not full capacity. full capacity I guess mother 1.50, WA 0.70.

Now some one buy earlier take profit.,

Posted by Satan > 2016-11-28 19:05 | Report Abuse

@plane, so should sell now right? bcz the chart showing that is bad