AHB's mobile medical hub is niche market that offer huge potential to growth to combat Covid19. If AHB is able to achieve RM100mil revenue, then based on 15% net profit margin, the share price should easily reach RM1.00 with market capital of RM230mil. By comparison, LKL's specialize on medical and healthcare bed is currently trade closed to RM400mil market capital Vs AHB's current market capital of RM 75mil. If at RM400mil, AHB should worth at least RM1.70.
LKL last reported revenue was RM 54.95mil with net profit of RM4,35 million only
Already almost half the outstanding shares have been traded. By end of day, surely 130+ million record high vol will have been traded...either big holders distributing or...
So many ESOS & share placements @ low low prices...looks fishy! Bursa gave them until Nov 4 to do the 30% share placement & they chose to rush it through & got only 9.7c per share...either very dumb...or something secret is cooking underneath.
EPF took up placement of 4.7mil shrs in Sep '17 @ 30c...then it dropped all the way back to 16c, then they buay tahan orchestrate a goreng in Aug '18 where it rose from 17c to 25.5c in one day trading 40 mil shrs & cut loss.
They must have felt smart when it dropped further to 4c in March but now...LOL!!!
That was not the first time EPF lost $$ in AHB....they were a big shareholder when it was called Artwright & the price was 80c + Then in 2008 they disappeared from the shareholder list after the price relentlessly dropped from 80c to 3.5c. I'm not surprised they were not participants in the recent share placements lol
Many reputable funds with huge amounts of capital lost significant % of their capital in this co....but I won BIG =) Of course, I had to be patient & determined after buying high @ 16.5c last year & very stubborn to average down repeatedly below 10c this year even though other stocks were shooting to the moon & this one was like dried fish from May - July lol
Those who recently bought AHB need not worry too much...the price action leads me to believe that the operators are not done yet....it could re-test 40c soon after digesting yesterday's record 128.398 mil shrs.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
360Capitalist
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Posted by 360Capitalist > 2020-08-29 19:03 | Report Abuse
AHB's mobile medical hub is niche market that offer huge potential to growth to combat Covid19. If AHB is able to achieve RM100mil revenue, then based on 15% net profit margin, the share price should easily reach RM1.00 with market capital of RM230mil. By comparison, LKL's specialize on medical and healthcare bed is currently trade closed to RM400mil market capital Vs AHB's current market capital of RM 75mil. If at RM400mil, AHB should worth at least RM1.70.
LKL last reported revenue was RM 54.95mil with net profit of RM4,35 million only