ADVENTA BHD

KLSE (MYR): ADVENTA (7191)

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Last Price

0.285

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


5 people like this.

2,646 comment(s). Last comment by Fznzm Abdullah 2024-08-17 17:49

Posted by winefficietly > 2020-05-15 12:53 | Report Abuse

For the Glove industry, Adventa is extremely Low PE of 7 compared others such as comfort (41), carpels (85), ruberex (45), Topglov (68) and Harta (75). With current Covid 19 situation, this counter is another that would suitable for investors to look into as their short to medium term investment. Furthermore, dividend yield of RM0.07 per share which represent around 7% is considered good for this small cap stock.

Posted by winefficietly > 2020-05-15 15:43 | Report Abuse

With the company Profit before Tax of RM23.3 mil and PE ratio of 7 as at 31.12.2020 and cash and cash equivalent of RM40.1 mil which is approximately 40% of Total Assets and dividend yield of 7% as well as related to COVID 19 stock which is glove industry. Investors consideration to include in their portfolio for this counter as other in the industry was with very high PE compared to this group

Posted by winefficietly > 2020-05-15 16:15 | Report Abuse

The volume for today trade approximately 6.2 mil shares compared to T3 volume of 60.6 mil dated 12.05.2020. This is merely 11% of T3 volume and with this level of volume shrinking seem like accumulation has take place.

Posted by winefficietly > 2020-05-17 23:15 | Report Abuse

Health care counters still on limelight, this counter with low PE, good profitability on full year result and good dividend yield. The Group balance sheet is clean and cash and cash equivalents of RM40.1 mil (approx 40% of total assets) which consider cash rich. Consider good counter.

WellMore

39 posts

Posted by WellMore > 2020-05-17 23:57 | Report Abuse

Just saw this when I browsed through the financial reports.


This was mentioned in the q4 2019 financial report,

"The healthcare segment improved in the quarter with higher shipments to public healthcare and
improved sales to private hospitals from added range of new products. It is to be noted that the
impact of higher annual budget of the Ministry of Health has yet to be felt this quarter."


The last report was up to 29feb 2020. From thereon, the cases of covid-19 experienced a sudden surge to the extent that the hospitals ran out of PPE.

So, combining both revenue from last qrt and this qtr.. Are we getting a much higher revenue and profit?

Sun health & my care distribution list include isolation gowns, surgical gloves, n95 face masks, etc.

Source: https://www.sunhealthcare.com.my/products.php?cat=8


Hopefully, to be able to collect cheaply with the weakness in current price.



Just some info, Isolation gown is priced @ RM28 to RM88, depend on quality..

https://shopee.com.my/product/204347964/3820907940?smtt=0.0.9
https://s.lazada.com.my/s.bfIlR
https://s.lazada.com.my/s.bfF3D.

Posted by winefficietly > 2020-05-18 13:54 | Report Abuse

With Covid 19 still ongoing, expect Health sector continues to have good prospect especially cash position of this company stood at approx RM0.260 per share and strong balance sheet as well as good profit and dividend yield of 7%

ahbah

6,238 posts

Posted by ahbah > 2020-05-18 13:56 | Report Abuse

2nd wave coming.

Onli healthcare stocks can fight n win against covid-19 !

Fu Cn Yh

110 posts

Posted by Fu Cn Yh > 2020-05-19 19:02 | Report Abuse

This stock not like other glove stock, beside making glove, this company also making face mask and P.P.E , just dun know why the stock price drop by following trend of the glove stock like CAREPLS ,comfort and Ruberex. Some more the P.E of this stock is very low compare with other medical stock.

Posted by winefficietly > 2020-05-20 12:03 | Report Abuse

Health care stock like Adventa has a good prospect as dividend yield also good at 7% and PE of 7 is very low with outlook under new norm which is COVID 19 will result good prospect in particular the profitability of the company

ml2020

56 posts

Posted by ml2020 > 2020-05-20 16:49 | Report Abuse

hi guys, if you're really that interested take some time to look into their annual report to understand their actual core business. this is going to be a great financial year for Adventa due to their services in the healthcare sector.

ttluck

769 posts

Posted by ttluck > 2020-05-21 12:56 | Report Abuse

adventa jus waiting for the rigt time to surge like heaven....hahaha...

buzzcock

79 posts

Posted by buzzcock > 2020-05-21 14:50 | Report Abuse

Health stock is currently volatile. I quit already.

bootroop

257 posts

Posted by bootroop > 2020-05-21 15:01 | Report Abuse

The whole market is volatile, so you quit bursa?

Posted by Belisto Skrang > 2020-05-21 17:47 | Report Abuse

Adventa profit ♡

Posted by Belisto Skrang > 2020-05-21 17:48 | Report Abuse

0.896 million

Energiser

251 posts

Posted by Energiser > 2020-05-21 17:50 | Report Abuse

For a glove related counter this is below expectation results.

Jokers2020

2,006 posts

Posted by Jokers2020 > 2020-05-21 17:52 | Report Abuse

big institution fund dont goreng this loss making small company

mf

29,214 posts

Posted by mf > 2020-05-21 17:53 | Report Abuse

gap up

god2077

136 posts

Posted by god2077 > 2020-05-21 18:48 | Report Abuse

Advances were made in March 2020 for urgent supplies of personal protective equipments from overseas
suppliers to fulfil emergency orders.

god2077

136 posts

Posted by god2077 > 2020-05-21 18:49 | Report Abuse

Our
diverse range in personal protection equipment (PPE) is driving the robust sales at the start of the
Covid-19 pandemic

mf

29,214 posts

Posted by mf > 2020-05-21 18:56 | Report Abuse

gap up

WellMore

39 posts

Posted by WellMore > 2020-05-21 20:45 | Report Abuse

The advances amounted to 33.378mil, look like the demand from customers is real strong.. Anyone has any further details?

samyew1234

1,362 posts

Posted by samyew1234 > 2020-05-21 21:07 | Report Abuse

wow, pe 7, tomorrow all in, yes

EagleEye

499 posts

Posted by EagleEye > 2020-05-21 22:31 | Report Abuse

Adventa QR out dy... QOQ from loss making to profit making... tomorrow gap up kao kao

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3052166

Posted by TheedgeInvestor > 2020-05-21 22:36 | Report Abuse

Drop more.. i wanna collect some..

Posted by rainiscoming > 2020-05-21 22:53 | Report Abuse

nice qr

Diego2020

458 posts

Posted by Diego2020 > 2020-05-22 00:41 | Report Abuse

i bought at 50c, my tp is 1.5... finally can buy a new refrigerator for my house... the old one staying strong for almost 11 years

mf

29,214 posts

Posted by mf > 2020-05-22 08:37 | Report Abuse

gap up

WellMore

39 posts

Posted by WellMore > 2020-05-22 08:39 | Report Abuse

I am hoping that it won't go up that fast.. So that I can buy cheaply..

EagleEye

499 posts

Posted by EagleEye > 2020-05-22 09:08 | Report Abuse

see me fly, I am flying in the sky...

WellMore

39 posts

Posted by WellMore > 2020-05-22 09:39 | Report Abuse

33mil is in pocket liao( recorded as current assets) .. So, any new sales is extra.. Good.. Let the rest clear slowly..

Posted by kenny Yang > 2020-05-22 10:26 | Report Abuse

assuming next 4 months profit remain the same. it's 2.64 cents in total or at most 3cent.
The current price to PE at RM1/3sen is already 33.

Posted by Earthwood ... > 2020-05-22 10:42 | Report Abuse

hoho... market today r not run according to theory. show time... boom boom boom. huat ar!!

Sinoboy

2,131 posts

Posted by Sinoboy > 2020-05-22 13:35 | Report Abuse

Any afternoon trading?

Sinoboy

2,131 posts

Posted by Sinoboy > 2020-05-22 13:35 | Report Abuse

Or off?

EagleEye

499 posts

Posted by EagleEye > 2020-05-22 13:59 | Report Abuse

today will be some profit taking for those daily trader or small retailers due to Rayaa break...
nothing fearful... stay calm and enjoy your holiday, next Wednesday hoot ki...

Cloudboy

456 posts

Posted by Cloudboy > 2020-05-22 14:40 | Report Abuse

tis stock purely speculative.....BEWARE !!!

If interest on gloves...go and buy kossan, harta..topgloves...their company doin real business

KSLI

630 posts

Posted by KSLI > 2020-05-22 15:08 | Report Abuse

collect now sell next week

Posted by Earthwood ... > 2020-05-22 17:00 | Report Abuse

speculative stock...look like will goreng above Rm 1.20.

Sinoboy

2,131 posts

Posted by Sinoboy > 2020-05-23 10:51 | Report Abuse

Standby at 1.25 ;)

gpsman79

142 posts

Posted by gpsman79 > 2020-05-25 11:35 | Report Abuse

do anyone aware the their annual audited report for 2019?

gpsman79

142 posts

Posted by gpsman79 > 2020-05-25 11:45 | Report Abuse

need financial analyst who could advice and review about their recent quarterly report 2020 up to 31 March https://cdn1.i3investor.com/my/files/st88k/7191_ADVENTA/qr/2020-03-31/7191_ADVENTA_QR_2020-03-31_Attachment-1st%20Quarter%20Result_-1155791641.pdf on page 3. There are column at asset "Advances to suppliers * with amount RM 33,378,000 for PPE oversea deposit / advanced payment order.

Is that mean, at least the next Q2 march - june, the sales will be jump 2-3 fold more than RM 33 million compare to RM 13 Million ?

gpsman79

142 posts

Posted by gpsman79 > 2020-05-25 11:54 | Report Abuse

refer back to their 2018 audited report, understand they are not manufacturing glove but purchases of gloves from the Aspion Group (which currently under Topglove ? ) . They bought RM 11,285,000 glove up to March 2019. I am interest to know 2019 audited report, what is their glove business coverage

Sinoboy

2,131 posts

Posted by Sinoboy > 2020-05-26 22:20 | Report Abuse

Tomorrow will be an interesting day, up or down...

Posted by espionne > 2020-05-26 22:39 | Report Abuse

If u Google, they made a settlement to top glove early this year, they sell off their glove business in 2013, there was a law suit from top glove to adventa.

Fu Cn Yh

110 posts

Posted by Fu Cn Yh > 2020-05-27 09:20 | Report Abuse

Adventa only sold partially of glove business under sub division, they still own the glove business , face mask business and PPE business, I think this company profit will continue to grow this year.

Steven1717

246 posts

Posted by Steven1717 > 2020-05-27 09:48 | Report Abuse

covid theme still have. kasi jln

PH777

104 posts

Posted by PH777 > 2020-05-27 10:20 | Report Abuse

macam sudah Lock Down?

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