Posted by ohbeeyee > 2018-06-04 16:02 | Report Abuse

@thepainfultruth those who bgt or come to this forum, is evaluating prospects to make money here, not argue with you on the 'personal aspects',
buy or sell or wait is up to you,pls dont find trivias to argue,
you may have lot of time, since you r are waiting for 10 sen, .we dont have your free time, .haha

Posted by apolloang > 2018-06-04 16:03 | Report Abuse

please give me a placement at 20cts, I wanna order at least 2 mil shares.....hahaha

Posted by Thepainfultruth > 2018-06-04 17:09 | Report Abuse

Why do you value what I said so much ohbeeyee?

Please improve on your english

Posted by ohbeeyee > 2018-06-04 18:29 | Report Abuse

What you say, has no value at all, in investing, just annoying nuisance, hahaha

Posted by Thepainfultruth > 2018-06-04 18:35 | Report Abuse

For your own good, pretense laughing doesn't help

Posted by powerinvestor > 2018-06-04 18:42 | Report Abuse

The future looks bleak for SAS.

Quarter report ended 28.02.18 is out but it is way below expectation.

Inventories RM 69,784,000
Receivables RM 63,405,000
Loans RM 20,787,000
Negative cash flow RM -8,385,000

1. The high inventories show that SAS products are not fast-moving(selling). Last quarter the MD said that the inventories will improve because it was unexpected, but my question to him is: "Why is it still high this quarter, considering this has been traditionally your best quarter of the year?"

2. High receivables show SAS's weak collection, possibly due to stagnant product hence bookshops unable to pay. or it may be due to its premature MLM scheme.

3. High Loans of RM 20,787,000 VS Revenue demonstrated its weak cash flow management. Over expending could be one of its fatal weakness. FYI, the MD promised at least a M&A a year.

4. A high NEGATIVE cash flow of -RM 8,385,000 for quarter ended 28.02.18, illustrates point 3 above further. On 28.02.2017, the cash flow was RM1,071,000 surplus.To simply put, the cash flow for this year is RM 9,456,000 WORSE than 2017 Q2.

Posted by ohbeeyee > 2018-06-04 18:47 | Report Abuse

@Thepainfultruth i cant help laughing, when reminded of this guy, with ‘ 40 yrs waiting experience’ n who is now waiting at Sasbadi, for 10 sen, durian runtuh, Hahahaha !!

Posted by Thepainfultruth > 2018-06-04 19:48 | Report Abuse

Senyaplah

Posted by ohbeeyee > 2018-06-04 20:21 | Report Abuse

EPF Is buying now, still waiting for your 10 sen ? Hahahaha !!

Posted by ohbeeyee > 2018-06-04 20:25 | Report Abuse

@powerinvestor alias thepainfultruth, do you understand what is discounted news ?? Market players already know these old news n is reflected in the price lah !

Posted by Thepainfultruth > 2018-06-04 20:39 | Report Abuse

Feel free to say anything you wish if that makes you happy. The price still drops.

At the end of the day, we have to look at the core competencies of a company. And whether the management is prudent.

In this case, I don't think so.

Posted by ohbeeyee > 2018-06-04 21:11 | Report Abuse

What u or i think abt the stock is not important , bcause we dont have all the facts n our opinions, most likely not accurate/wrong.
What is important is look at the share price movement, in the charts n try to figure out if its trending up or down, tht is more useful,.

Posted by PiddleMinger > 2018-06-05 12:58 | Report Abuse

Wow. Epf buy back. Only to dump again?

Posted by ohbeeyee > 2018-06-05 14:57 | Report Abuse

@PiddleMinger you should worry more abt your Myeg , you did not see the 2 shareholders dumping already ?? IB’s high TP is to lure you while big holders dump your Myeg, hahahaha..

Posted by PiddleMinger > 2018-06-05 17:05 | Report Abuse

ohbee-wan kenobiyee: thanks for your concerns, jedi master. My average in myeg is already very low. I've made enough with AA, sapura, dayang, hsseb when i bought during dips.

MyEG is oversold.

Posted by powerinvestor > 2018-06-05 18:07 | Report Abuse

ohbeeyee a.k.a. apolloang

Posted by jibbie > 2018-06-05 18:33 | Report Abuse

can anyone share what is the effect of 0% GST and intro of SST system to sasbadi? Good or bad?

Posted by powerinvestor > 2018-06-05 19:13 | Report Abuse

School books have been zero-rated, the new SST scope has not been made clear yet.

Posted by jibbie > 2018-06-05 19:53 | Report Abuse

tq powerinvestor, appreciate it very much

Posted by ohbeeyee > 2018-06-05 19:55 | Report Abuse

@powerinvestor alias thepainfultruth

pls stay out from the market, for your own good, how blur can you be ??
cant you see there are 2 different people, look at their language...haiz

powerinvestor ohbeeyee a.k.a. apolloang

Posted by ohbeeyee > 2018-06-05 20:01 | Report Abuse

@powerinvestor do you think books can ever be anything but 0% tax under sst or whatever new tax ?
the SST tax will not be so broad-based as GST n shd be less burden to business n the rakyat, cost of business shd be less, in my view

Posted by Jeffreyteck > 2018-06-11 09:21 | Report Abuse

The only way to cut school bag weight is to stop or reduce printing. May be only exercise books is needed but text books all in small notebook.

Posted by jibbie > 2018-06-13 14:36 | Report Abuse

sasbadi really no hope. dunno when can recoup my loss

Posted by Li Li > 2018-06-13 20:20 | Report Abuse

jibbie, how much u bought it?

Posted by jibbie > 2018-06-13 21:21 | Report Abuse

bought at RM1+ in 2016 when everything was good

Posted by Li Li > 2018-06-14 11:34 | Report Abuse

Okay. Try to average down lor. How abt pelangi shares?

Posted by ohbeeyee > 2018-06-14 14:55 | Report Abuse

just have to be patient a bit longer, once the new minister get to relook at the book voucher system (rm300m) and rectify its weaknesses, the retail book business will bloom and Sasbadi will benefit..
short term stimulus will be the post Raya rally... hopefully..

Kenanga View:
Traders could consider selling on any near-term strength towards RM0.400 (R1) and RM0.480 (R2).
Conversely immediate support levels are seen at RM0.350 (S1) and RM0.300 (S2) further down.
Source: Kenanga Research - 25 Apr 2018

HLIB’s VIEW :
Valuations have turned attractive. Given the earnings cut, our TP has been reduced from RM0.50 to RM0.47 based on an unchanged 12x P/E (mean) tagged to CY19 earnings. Nonetheless, we note that Sasbadi’s share price has fallen by 36% YTD. This brings CY19f P/E down to just 9.6x. We view this as a re-entry opportunity given the growth potential from i-Learn Ace and advance AR educational products. Given the share price decline, coupled with our rather conservative earnings forecast, we feel there is now sufficient buffer to warrant an upgrade in our rating to BUY (from Hold).

Source: Hong Leong Investment Bank Research - 17 Apr 2018

Posted by Jeffreyteck > 2018-07-04 07:29 | Report Abuse

Forever cutting TP, let IBs funds hold it. Can't find a positive theme to enter other than looks cheap.

Posted by jibbie > 2018-07-06 10:56 | Report Abuse

epf has been buying back. i've been averaging down. hope for good news

Posted by apolloang > 2018-07-06 10:58 | Report Abuse

will wait for results in the next few weeks before deciding what to do

Posted by jibbie > 2018-07-06 13:22 | Report Abuse

lousy loss making stock like karex where insiders selling also can pump up to 90sen. sasbadi only one poor quarter then major selldown.

Posted by Thepainfultruth > 2018-07-06 17:17 | Report Abuse

Not only one poor quarter

Posted by ohbeeyee > 2018-07-13 09:34 | Report Abuse

sold all n switch to MRCB, fast recovering ctr...bye n good luck..

Posted by apolloang > 2018-07-20 15:48 | Report Abuse

apa counter ini? no move at all....bursa already up more than 100 pts,still sleeping.

Posted by apolloang > 2018-07-20 15:49 | Report Abuse

bila dr m di lantik jadi menteri pendidikan this stock shot up till 0.475,tapi bagi maslee jadi menteri pendidikan ini saham tidur sampai sekarang

Posted by jibbie > 2018-07-20 16:24 | Report Abuse

so much volume.. yet price trade sideways. people buy at 0.34 and sell at 0.345 ah?

Posted by Thepainfultruth > 2018-07-21 14:44 | Report Abuse

Do you think the new minister will abolish the NO exercise book ruling?

Posted by apolloang > 2018-07-23 09:44 | Report Abuse

no lah I bought 34.5 sold 37.5 for contra,old stock I still hold,thanks sasbuddy....hehe

Posted by jibbie > 2018-07-23 16:43 | Report Abuse

my average now is 0.8+. hope it goes up further

Posted by newbie911 > 2018-07-23 23:02 | Report Abuse

Any news? Why up so much?

Posted by apolloang > 2018-07-23 23:07 | Report Abuse

over 1.00 down till now u say up a lot? even lousy vis from 30cts++ now already double at 60cts

Posted by jibbie > 2018-07-25 09:11 | Report Abuse

i think a lot of small retailers here who take profit too early. buy 0.365 sell 0.37. price cannot move.

Posted by Goldchia MH > 2018-07-25 19:49 | Report Abuse

Why EPF is buying ?

Posted by Goldchia MH > 2018-07-25 19:50 | Report Abuse

Are they buying for fun

Posted by lemonyutaka > 2018-07-26 20:47 | Report Abuse

Gg already. Bad result

Posted by BAT_ > 2018-07-26 21:37 | Report Abuse

Profit drop 79% EPF goreng? 20 sen also not worth. EPF Sharil pls resign. Goreng wrong ctr. HLG a cheater.

Posted by jibbie > 2018-07-27 07:25 | Report Abuse

epf buying back regularly. the company just needs time.

Posted by jibbie > 2018-07-27 07:28 | Report Abuse

orders got delayed after GE14. revenue last year was high because there was delayed orders of reprinted textbooks from 2016 and non-recurring contract of robotic supply to MOE. If exclude those items, revenue this year would be higher by RM1.375 million.

next quarter MCE and early education segments would start contributing. Digital networking business doing better. Hopefully budget this year got good news to education system. Sasbadi would gain if there is a shift to more e-learning. I will hold

Posted by Natu Ral > 2018-07-27 09:39 | Report Abuse

will this counter go holland ? since until now no contract been awarded

Posted by Qwertyuiop > 2018-07-27 09:41 | Report Abuse

just be patient, dont look at so short term. lol.