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

Chang Wt

325 posts

Posted by Chang Wt > 2017-02-13 14:46 | Report Abuse

rally taking a breather. cleared all holdings now

WaAdaLui

1,225 posts

Posted by WaAdaLui > 2017-02-13 15:20 | Report Abuse

Can't find any reasons to sell....
But still wanna thanks ppl who sell, without u the price can't goes up.
(How can the price go up, if all ppl hold)
For those who sold earlier, u are welcome to buy back.
TQVM

Correct me if i am wrong....

spectre007

1,408 posts

Posted by spectre007 > 2017-02-14 00:13 | Report Abuse

Can't believe this king of BS is still here. When fahmi says sell, it means buy. He had always been a nuisance spitting everywhere.

isandy

73 posts

Posted by isandy > 2017-02-14 12:18 | Report Abuse

now dropped ady

Chang Wt

325 posts

Posted by Chang Wt > 2017-02-14 14:39 | Report Abuse

anyone knows when johotin will release its QR?

zoomsbooms

783 posts

Posted by zoomsbooms > 2017-02-14 14:58 | Report Abuse

people who buy will make the price go up, not sell..

happyman

168 posts

Posted by happyman > 2017-02-14 17:48 | Report Abuse

nothing wrong to have a consolidation after a good run up

Posted by Mohd Fahmi Bin Jaes > 2017-02-15 16:08 | Report Abuse

tp 1.50

Chang Wt

325 posts

Posted by Chang Wt > 2017-02-15 22:01 | Report Abuse

buy on breakout

happyman

168 posts

Posted by happyman > 2017-02-16 00:17 | Report Abuse

tp 1.60..or even higher

isandy

73 posts

Posted by isandy > 2017-02-16 10:17 | Report Abuse

i think is time to sell now

WaAdaLui

1,225 posts

Posted by WaAdaLui > 2017-02-16 10:27 | Report Abuse

NExt QR PRofit 11mil... PE11... TP $1.58

WaAdaLui

1,225 posts

Posted by WaAdaLui > 2017-02-16 11:17 | Report Abuse

Profit
QR 31DEC2015 x 3.3mil (USD 4.29+-)
QR 31MAR2016 x 4.4mil (USD 3.90+-)
QR 30JUN2016 x 9.3mil (USD 4.02+-)
QR 30Sep2016 x 10.7mil (USD 4.13+-)
QR 31DEC2016 x _________? (USD 4.48+-)

Yummy.....yummy.... :)

sapurakencana

1,144 posts

Posted by sapurakencana > 2017-02-16 11:31 | Report Abuse

Dear Lui :

from your info above,i guess you expect Profit RM12-13mil (USD4.48) am i right.
may be you are right.let wait n see

sapurakencana

1,144 posts

Posted by sapurakencana > 2017-02-16 11:36 | Report Abuse

Lui : i share another counter to you Cheewah. may be you can share your opinion

WaAdaLui

1,225 posts

Posted by WaAdaLui > 2017-02-16 12:11 | Report Abuse

Dear sapurakencana sifu...
Not necessary to hav 12-13mil profit for next coming QR.
if can maintain profit 9-11mil every QR for 2017. Profit 40mil per annual
I will b very happy n keep holding tis counter.

i look forward 2017 performance (F&B department in full strength) earn more USD for us, PLS... TQ

WaAdaLui

1,225 posts

Posted by WaAdaLui > 2017-02-16 12:21 | Report Abuse

Dear sapurakencana sifu
Kenanga Inv House give Malaysia F&B counter a average PE17.9

if Johotin profit 40mil = EPS 16.08 ... TP 2.88

WAH!!!!!!!!!!!!!!! sound crazy man..... Today 1.44.... half way only........

Correct me if i am wrong...
Dun scold me..... just 2cts sharing.......

WaAdaLui

1,225 posts

Posted by WaAdaLui > 2017-02-16 12:23 | Report Abuse

Dear sapurakencana sifu
Thnks for yr sharing..... Cheewah
later go makan 1st.... come back will study on it...

sapurakencana

1,144 posts

Posted by sapurakencana > 2017-02-16 13:09 | Report Abuse

TP RM2.88 over optimistic. due to our market player only consider 30% gain,unless this company can prove 2 more quarter with average 10mil than may be the big boy will join this party

WaAdaLui

1,225 posts

Posted by WaAdaLui > 2017-02-16 13:21 | Report Abuse

Yes.... agree @sapurakencana sifu

kentg03

971 posts

Posted by kentg03 > 2017-02-17 11:20 | Report Abuse

big discount on WA

kentg03

971 posts

Posted by kentg03 > 2017-02-17 11:20 | Report Abuse

1.44 WA should under 0.59. now selling 0.57

isandy

73 posts

Posted by isandy > 2017-02-17 12:31 | Report Abuse

izzit time to sell now?

Chang Wt

325 posts

Posted by Chang Wt > 2017-02-17 13:04 | Report Abuse

just break out of consolidation, do you think you should sell?

lching

1,402 posts

Posted by lching > 2017-02-17 13:07 | Report Abuse

sell for risk control

HuatRex

2,617 posts

Posted by HuatRex > 2017-02-17 18:11 | Report Abuse

another shoot up next week

sapurakencana

1,144 posts

Posted by sapurakencana > 2017-02-17 23:45 | Report Abuse

are you sure

HuatRex

2,617 posts

Posted by HuatRex > 2017-02-18 16:05 | Report Abuse

Just see next week

Posted by agcnazriadam > 2017-02-18 17:53 | Report Abuse

Already up +20c this month but still have big space to move up

Chang Wt

325 posts

Posted by Chang Wt > 2017-02-19 20:49 | Report Abuse

chartists will automatically know that this is only the beginning of a parabolic surge

isandy

73 posts

Posted by isandy > 2017-02-22 14:52 | Report Abuse

when to sell ah

cheoky

2,823 posts

Posted by cheoky > 2017-02-22 17:27 | Report Abuse

jelly good.

kevin008

1,360 posts

Posted by kevin008 > 2017-02-22 17:44 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5343441
wow top profit

eps 4.6..tp 1.84 base on pe 10 (4.6x4x 10)

zoomsbooms

783 posts

Posted by zoomsbooms > 2017-02-22 17:53 | Report Abuse

ok..nice report out today..yeay! one more jewelll

lkoky

539 posts

Posted by lkoky > 2017-02-22 18:00 | Report Abuse

all sifus,
In QR it says the improvement in profit mainly due tohigher margin from the milk powder segment. Even though with revenue decreased slightly by RM1.4million from RM90.48 million to RM89.08 million due to lower sales from dairy products.

Does it mean the raw material prices - milk powder, getting cheaper? where can check the price of this raw material?

sapurakencana

1,144 posts

Posted by sapurakencana > 2017-02-22 18:10 | Report Abuse

earn so much but no dividend,all the cash repay term loan RM44mil

Posted by Alex Lim Jun Xiong > 2017-02-22 18:12 | Report Abuse

Better exercise cautious look as this quarterly result is not much improvement as previous quarter, perhaps the business already at the peak~

cheoky

2,823 posts

Posted by cheoky > 2017-02-22 18:12 | Report Abuse

Dividend will be declared. Patience

sapurakencana

1,144 posts

Posted by sapurakencana > 2017-02-22 18:22 | Report Abuse

Alex : with this tough business enviroment + our currency drop to RM4.486 (as at 31 dec 2016),this company still can maintain profitable & less affect by cost of material (in USD).we should thanks & salute to the management

Patrick13

1,971 posts

Posted by Patrick13 > 2017-02-22 20:30 | Report Abuse

Good result and maintain as last quarter. I think final dividend will be declared another day. Congrats to all who hold this counter~~

Patrick13

1,971 posts

Posted by Patrick13 > 2017-02-22 21:29 | Report Abuse

Total EPS is 14.5 cent, if times with standard 10 PE ratio, equal to 1.45 which is today closing price. ^^

sapurakencana

1,144 posts

Posted by sapurakencana > 2017-02-22 21:33 | Report Abuse

WaAdalui : Chee Wah QR already release,pls review

Posted by RUOutOfUrMind > 2017-02-22 23:07 | Report Abuse

Profit up but EPS drop half, there are few issues worth to look into:

1. Profit more than double YOY & EPS up 28%
2. Annualised EPS = 4.6c x 4 = 18.4 cents, PE based on current price = 7.7 times
3. EPS shown did not take into account of warrant dilution as share price was lower than exercise price. Total warrant is about 25% of total ordinary shares issued

Total ordinary shares: 248,814,000
Total warrant issued: 62,203,232
Maturity: 21 Nov 2017
Exercise price: RM0.85

https://cdn1.i3investor.com/my/files/dfgs88n/2017/02/22/1485789502-1902665492.pdf
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=175101&name=EA_DS_ATTACHMENTS
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5208545

Posted by RUOutOfUrMind > 2017-02-22 23:07 | Report Abuse

Drop half if compared to last quarter

Posted by RUOutOfUrMind > 2017-02-22 23:08 | Report Abuse

But overall, congrats to all

WaAdaLui

1,225 posts

Posted by WaAdaLui > 2017-02-22 23:09 | Report Abuse

Sapurakencana sifu, u r really sifu......
cheewah tripple up the profit tis time.

I got no more fund to buy (feel sad) :(
Congrat to u... cheewah tmr sure fly to de sky..... clap.. clap.. clap

bgt9963

572 posts

Posted by bgt9963 > 2017-02-22 23:18 | Report Abuse

Warrants 62 millions x.85=52 millions,the co will turn to a net cash...my 2cents...

Posted by RUOutOfUrMind > 2017-02-22 23:21 | Report Abuse

True, but it will dilute the future EPS anyway, the fresh cash may bring better growth for company, but it is wise to consider that effect when calculate future profits. The conversion will happen soon before end of year.

kentg03

971 posts

Posted by kentg03 > 2017-02-23 09:17 | Report Abuse

ppl keep take profit

Cobia

49 posts

Posted by Cobia > 2017-02-23 09:58 | Report Abuse

from quarterly report prospect :
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.

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