ASTINO (7162): Annualized Results

QR this month. Hopefully announce dividend.

2021-09-23 23:20

Dragon88

price up and down. expect some profit taking coming

2021-10-07 10:39

WaNaura

quiet

2021-11-13 01:09

Hoping for more dividend from this company because their EPS is quite high.

2021-12-03 23:00

iCE COOL

Astino posted an impressive QR

2021-12-31 17:43

probability

steel traders margin is good

2022-01-02 16:27

spielmacher

stop selling at 71. TP 75, come on

2022-01-11 09:25

655 can buy or not?

2022-01-19 15:45

may be 65 can get

2022-01-19 15:49

waiting

2022-01-25 09:31

Chonglyekiat

latest quarter with negative inventory and receivable meaning ??

2022-03-17 10:58

630 can buy arr?

2022-03-28 09:34

Nagami

can tomorrow up to 66

2022-03-28 22:44

ppl see qtr result down got scared. wait cheap cheap kasi bili

2022-03-29 09:07

William Ng

qr no good...

2022-06-01 12:12

Bila mahu announce dividen? Should announce dividend since EPS is quite high.

2022-08-06 07:30

William Ng

qr no good...

2023-03-24 23:35

morganlee

so slow..

2023-03-28 16:56

dlhoh

SMA-10 had just crossed SMA-50, but low volume

2023-04-26 08:45

i4value

Post removed.Why?

2023-06-18 09:36

Dehcomic01

Steel is a cyclical commodity. So when you look at Astino performance, you should do so over the steel price cycle. Over the past 14 years, the company achieved an average ROA of 7%. In comparison, the mean ROA of the Bursa steel companies averaged only 1%. The company outperformed the market. Visit my site for more insights on the sector performance.

2023-07-14 09:26

Agreed with you Dehcomic01

2023-10-05 23:38

Dividend coming

2023-10-14 22:20

Someone approached Dato' Ng for his HHRG shares

2023-10-18 11:51

Go playlah NBT this counter

2023-11-15 10:22

aaroiz57

https://www.thesundaily.my/local/penang-plans-10-housing-projects-to-help-people-own-house-DB8102948 https://geometrydash-lite.com . I am very happy to receive this sharing from you. This is probably the information I need, thanks

2023-11-24 12:12

thesteward

Wah hopefully won’t gap above 65 on Monday so can buy

2024-03-22 21:53

paktua73

Post removed.Why?

2024-03-25 09:19

trader808

Astino has 111m cash, 144m inventories and 93m in accounts receivable. Hence, its total liquid assets and cash is Rm349m
2The company has short term and long term debts of 14m
3 When you take 349m minus 14m, you would notice that the total net liquid asset is Rm335m
4. The company has 493m issued and paid up share capital.
Hence, the liquid cash per share is 335m / 493m is 67sen

5. Considering that the share price is currently trading at only 63sen, it is an insanely and unbelievably a cheap bargain.

6 If you buy Astino at 63 sen, it is not only below its liquid cash per share of 67 sen you also get 181m of properties, plant and equipment plus 47m of investment properties or a total of 228m assets for free.

7 WOW, Is there a big fat toad jumping all over the streets?.

8 You decide.
Happy trading
14/5/24

2024-05-15 12:01

jerret

good analysis and in fact, buy good stock with low price is no harm at all

2024-05-15 15:17

multi-bagger

co is buying back its own shares

2024-05-15 20:00

trader808

1. Astino has been buying back its own shares regularly and persistently.
When and why does a company undertake share buyback and what are the implications?

2. When the company believes that the current trading share price is far below the intrinsic value of the company, it will commence to buy back its own shares from the open market.

3 In order to undertake shares buyback, the company must have sufficient cash and cash balance. And Astino has Rm111m cash.

4. The effect of share buyback will reduce the number of shares in circulation in the market. Hence, when the number of shares in market circulation is reduced, the earning per share EPS will increase and theoretically, share price shall rise.

5. What does a company do with the buyback shares?.

6 The shares buyback shall be kept as treasury shares. The treasury shares can be canceled and thus, permanently reduced the issued and paid up capital of the company.

7. The company may chose to resale the treasury shares at a higher price to realize a substantial profit.
8. The company may also chose to reward its shareholders as in Astino to distribute dividend in species to its shareholders.

9 As for Astino, the cumulative net outstanding treasury shares as at 23/5/24 is 8,170,105 shares or 1.65%. If the buyback persist on and Astino subsequently manages to buyback 2% of its capital, than it is capable of rewarding its shareholders with a share dividend in the ratio of 1share for 50shares held. For this you must wait. Since, listing until now, Astino has rewarded its shareholders with share dividend 5 times.

10. Although there is no announcement yet, i believe it will happen slowly but surely.

10 Share buyback is good and should be undertaken as and when necessary.
11. Happy trading
24/5/24

2024-05-24 15:38

jojo85

TP 75c

2024-06-08 20:10

PryorBuyer

very very slow

2024-07-12 16:32

joseph216

Steel prices are much higher now compared to 2020. Inflation is affecting the entire world. When the Federal Reserve starts reducing its stimulus efforts, we'll see the real impact of inflation. You can't print unlimited money and expect prices to stay stable, especially with current logistics and supply chain problems.
Source: https://bloxstrap.dev/

2024-08-05 23:37

PryorBuyer

Adoi la

2024-08-08 16:29

jerret

inverted head and shoulder in the making, once break the neck line, price may go up

2 months ago

Baik bagi dividen lebih daripada share buyback.

2 months ago

IMHO, if Astino gives more dividend, people will start to buy this stock. Even the company buyback this share, the stock keep on falling.

1 month ago