ABLE GLOBAL BERHAD

KLSE (MYR): ABLEGLOB (7167)

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Last Price

1.57

Today's Change

0.00 (0.00%)

Day's Change

1.55 - 1.57

Trading Volume

267,000

Financial

Show?
Last 10 FY Result
AQR T4Q 31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 CAGR
Revenue 648,512 648,512 648,512 550,017 499,860 501,900 578,679 501,123 475,488 441,199 416,600 316,779 8.28%
PBT 69,320 69,323 69,320 43,352 54,585 53,208 62,648 48,495 34,572 46,791 23,046 18,358 15.89%
Tax -16,883 -16,883 -16,883 -10,025 -14,156 -13,385 -13,246 -9,601 -7,771 -11,348 -7,385 -6,339 11.49%
NP 52,437 52,440 52,437 33,327 40,429 39,823 49,402 38,894 26,801 35,443 15,661 12,019 17.77%
-
NP to SH 51,991 51,994 51,991 33,146 39,890 39,475 48,581 38,537 26,636 35,593 17,302 12,979 16.66%
-
Tax Rate 24.36% 24.35% 24.36% 23.12% 25.93% 25.16% 21.14% 19.80% 22.48% 24.25% 32.04% 34.53% -
Total Cost 596,075 596,072 596,075 516,690 459,431 462,077 529,277 462,229 448,687 405,756 400,939 304,760 7.73%
-
Net Worth 439,923 439,785 439,923 402,907 381,378 356,775 341,520 316,682 291,844 223,982 195,044 180,973 10.36%
Dividend
AQR T4Q 31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 CAGR
Div 19,996 19,991 19,996 12,302 15,378 16,608 19,870 15,523 17,076 9,954 3,266 1,865 30.13%
Div Payout % 38.46% 38.45% 38.46% 37.12% 38.55% 42.07% 40.90% 40.28% 64.11% 27.97% 18.88% 14.37% -
Equity
AQR T4Q 31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 CAGR
Net Worth 439,923 439,785 439,923 402,907 381,378 356,775 341,520 316,682 291,844 223,982 195,044 180,973 10.36%
NOSH 307,639 307,542 307,639 310,470 310,470 310,470 310,470 310,470 310,470 248,868 93,322 93,285 14.16%
Ratio Analysis
AQR T4Q 31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 CAGR
NP Margin 8.09% 8.09% 8.09% 6.06% 8.09% 7.93% 8.54% 7.76% 5.64% 8.03% 3.76% 3.79% -
ROE 11.82% 11.82% 11.82% 8.23% 10.46% 11.06% 14.22% 12.17% 9.13% 15.89% 8.87% 7.17% -
Per Share
AQR T4Q 31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 CAGR
RPS 210.80 210.87 210.80 178.83 162.52 163.19 186.39 161.41 153.15 177.28 446.41 339.58 -5.15%
EPS 16.90 16.91 16.90 10.78 12.97 12.76 15.65 12.41 8.58 14.31 18.54 13.91 2.18%
DPS 6.50 6.50 6.50 4.00 5.00 5.40 6.40 5.00 5.50 4.00 3.50 2.00 13.98%
NAPS 1.43 1.43 1.43 1.31 1.24 1.16 1.10 1.02 0.94 0.90 2.09 1.94 -3.33%
Adjusted Per Share Value based on latest NOSH - 307,639
AQR T4Q 31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 CAGR
RPS 210.87 210.87 210.87 178.84 162.53 163.20 188.16 162.94 154.61 143.46 135.46 103.00 8.28%
EPS 16.91 16.91 16.91 10.78 12.97 12.84 15.80 12.53 8.66 11.57 5.63 4.22 16.66%
DPS 6.50 6.50 6.50 4.00 5.00 5.40 6.46 5.05 5.55 3.24 1.06 0.61 30.04%
NAPS 1.4304 1.43 1.4304 1.3101 1.2401 1.1601 1.1105 1.0297 0.949 0.7283 0.6342 0.5885 10.36%
Price Multiplier on Financial Quarter End Date
AQR T4Q 31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 CAGR
Date 29/12/23 29/12/23 29/12/23 30/12/22 31/12/21 31/12/20 31/12/19 31/12/18 29/12/17 30/12/16 31/12/15 31/12/14 -
Price 1.50 1.50 1.50 1.35 1.61 2.01 1.73 0.96 1.21 1.24 2.09 1.35 -
P/RPS 0.71 0.71 0.71 0.75 0.99 1.23 0.93 0.59 0.79 0.70 0.47 0.40 6.57%
P/EPS 8.88 8.87 8.88 12.53 12.41 15.66 11.06 7.73 14.10 8.67 11.27 9.70 -0.97%
EY 11.27 11.27 11.27 7.98 8.06 6.39 9.04 12.93 7.09 11.53 8.87 10.31 0.99%
DY 4.33 4.33 4.33 2.96 3.11 2.69 3.70 5.21 4.55 3.23 1.67 1.48 12.66%
P/NAPS 1.05 1.05 1.05 1.03 1.30 1.73 1.57 0.94 1.29 1.38 1.00 0.70 4.60%
Price Multiplier on Announcement Date
AQR T4Q 31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 CAGR
Date 26/02/24 26/02/24 26/02/24 27/02/23 25/02/22 19/03/21 25/02/20 26/02/19 27/02/18 22/02/17 29/02/16 27/02/15 -
Price 1.57 1.57 1.57 1.42 1.49 1.79 1.78 1.36 1.23 1.42 1.81 1.61 -
P/RPS 0.74 0.74 0.74 0.79 0.92 1.10 0.96 0.84 0.80 0.80 0.41 0.47 5.16%
P/EPS 9.29 9.29 9.29 13.18 11.49 13.95 11.38 10.96 14.34 9.93 9.76 11.57 -2.40%
EY 10.76 10.77 10.76 7.59 8.70 7.17 8.79 9.13 6.97 10.07 10.24 8.64 2.46%
DY 4.14 4.14 4.14 2.82 3.36 3.02 3.60 3.68 4.47 2.82 1.93 1.24 14.32%
P/NAPS 1.10 1.10 1.10 1.08 1.20 1.54 1.62 1.33 1.31 1.58 0.87 0.83 3.17%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.

NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ & YoY figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.

Discussions
16 people like this. Showing 50 of 7,283 comments

howardmark

I swing trade this counter. Ha ha...😉

2023-11-05 15:02

howardmark

90% of investors who bought shares of this crappy company since November 2019 is still under water. What a joke. Buy Q is going to collapse. Sellers keep selling to break 1.27. More seller waiting at 1.30 to dump the shares. Next quarter is going to be ugly due to high sugar price. Debt bomb is ticking.

2023-11-09 16:08

kedsheong

When Mexico JV run at full capacity and the property sector start to contribute to the earnings, the profit shall hit RM 60 million/year. The share price will hit at least RM 2.0. Just wait and see.

2023-11-14 13:58

howardmark

@kedsheong you must be dreaming or smoking weeds, look at the seller's dump trucks above 1.30 waiting to dump the useless stocks. Sell sell sell before the dumping begins!!! See you at RM 0.9.

2023-11-15 10:56

howardmark

Steel price up up, sugar price up up, electricity price up up, labour price up up, share price down down. Ha ha... Sure die counter.

2023-11-21 11:16

kimpeng

typo?

For the tin cans manufacturing segment, revenue increased by RM7.73 million from RM26.11 million to
RM33.84 million is mainly due to higher sales demand in the current quarter. Profit before tax increased by
RM1.32 million from RM8.90 million in the preceding year corresponding quarter to RM5.40 million.
Higher profit before tax in the current quarter is mainly due to increase in sales demand.

2 months ago

kedsheong

Howardmark, I'm not smoking weeds. Your analysis was dead wrong!! Ableglob is a fundamentally strong company. QR result is excellent. When sugar price is normalised, next quarter's profit will surge even higher. Like I said 2 weeks ago, the profit shall hit RM 60 million/year. The share price will hit at least RM 2.0. Fair price is around RM 2.00 - 2.30. HUAT AH!! to all the strong hearted ableglobal's shareholders who believe in this company.

2 months ago

kedsheong

To all those who have sold at 1.30 and below, you have just sold at the very bottom of the chart. Don't worry, its still not too late to buyback your shares. Hold for the long term. Cheers😊

2 months ago

6055

Luckily collected alot last few weeks. Howardmark want to collect low, no one will spend time to comment here if he no intention to buy. Just too innocent that thinking simply badmouth will lower down the price. BTW, The F&B is full of potential, either in oversea or Malaysia. Milk supply to school definitely a strong support for the revenue. Highest revenue and profit ever. (the Palestine issues maybe contribute some sales also). Management didnt mention about the factory runrate, maybe have great improvement overthere.

2 months ago

IamValueInvestor

Results is better than FFB.

2 months ago

UnicornP

It looks undervalued but next earnings still a concern.

2 months ago

kimpeng

Date: 2023-11-30
Firm: TA
Price Target: 1.55

Firm: PUBLIC BANK
Price Target: 1.78

2 months ago

Ayong21

counting on howard to short sell the stock down to 90 sen

2 months ago

howardmark

Losing steam

2 months ago

howardmark

FOMO traders buy high sell low cut loss

2 months ago

kimpeng

The group’s export approval for full cream dairy products to Mexico is still in the pipeline, but it is cautiously optimistic about obtaining the licence early in the second half of calendar year 2024.

2 months ago

howardmark

No more power, sure crash down again. you fomo, forever buy high, sell low cut loss. Thank me later.

2 months ago

howardmark

No power la.. dream on for RM 2.0. you all buy now sure will get trapped and locked-in. Buy high, sell low, ha ha ha..

2 months ago

howardmark

The mexico JV is a total joke la, tell me how much is Mexico JV profit after so many years.??!! Just waiting to be declared as total impairment, then everybody will panic sell. You buy at 1.45, then when it crashes, you sell to me at 1.10, ha ha . This counter traps people.. the best counter to buy high, sell low...thank me later.

2 months ago

howardmark

Just nice hitting previous resistance at 1.46. best time to get out before crashing down again.

2 months ago

howardmark

Pang72, do you read health articles or not? Milk is will poison your otak la. The added sugar in the milk will make you sick, cause diabetes and cancer.

2 months ago

howardmark

I swing trade to make money from panic sellers., sure will happen when mexico jv impairment announced. this counter is not fit for long term investment. now you also parrot the management already otak poisoned by able milk, continue to tell lies about mexico jv, sure got profit one, year after year after year after year.....

2 months ago

howardmark

nobody buys at 1.27, but FOMO investors rushes in at 1.44. very good , just waiting to be slaughtered. Ha ha ha...one QR EPS up is the perfect bull trap for FOMO investors. Bulls make money, bears make money, but FOMO get slaughtered.

2 months ago

surviver

i am quietly collecting the shares

2 months ago

kedsheong

Howardmark, you're proven wrong again...also thanks to the shareholders who willingly sold their shares to me at 1.29. tqvm.

2 months ago

kohcl130562

Surviver must be happy with today’s price

2 months ago

kohcl130562

Got dividen?

2 months ago

kimpeng

this friday

2 months ago

Nevets

seems like uptrend, there maybe a small drop on Friday after dividend.

2 months ago

Cockcroach

Already Ex dividend la. That day already adjusted price

1 month ago

paperplane

I guess luck just not on my side? This company is hardworking and working all out on new ventures, yet result stilll have to be seen yet. Hope they do well 2024 onwards.

1 month ago

howardmark

FOMO traders kena slaughter, cut loss...ha ha...already told you all don't buy this useless counter.

1 month ago

HumbleTraderx

1.27 useless counter! Sell!
1.44 useless counter! FOMO! Sell!
1.53 useless counter! Get slaughter! Sell!

At time I wonder is the counter useless or the commenter useless.

1 month ago

Cockcroach

Haha

1 month ago

howardmark

Fast and furious downhill coming. You'll all be punished.

1 month ago

curiousq

is OK lah .... raised from 1.30 to 1.60 already, drop back is very normal lor ....

1 month ago

howardmark

I told you all so... FOMO will be punished .!!!!

1 month ago

howardmark

SLAUGHTER time for FOMO traders....neck on chopping board... Chop chop chop. Including the one who said I'm a useless commenter !!!! I repeat what I said earlier"This bloody counter traps people.. the best counter to buy high, sell low."..

1 month ago

howardmark

Pang72, where are you? You're strong supporter of ableglob right? you quietly deleted your message ya. Come and catch the falling knife la. You said this stock is very good ma.😂🤣😂😂

1 month ago

kedsheong

howardmark, you are talking shit again. look at the strong recovery of the share price of this wonderful company with strong fundamental. you're really a stup*d and annoying stock stalker !!

1 month ago

howardmark

I'm not stup*d, those stup#d panic sellers lost money again 🤣😂😝

1 month ago

Steve Lomas

Feel sorry for those who decided to cut loss yesterday.😓

1 month ago

Cockcroach

Steady counter. Buy!

1 month ago

kimpeng

bought some below 1.5, average up LOL

1 month ago

howardmark

Slaughter started. FOMO get killed. Dare to catch the falling knife?

3 weeks ago

howardmark

All FOMO kena burned already. All keep quiet now. Game over.

2 weeks ago

dawchok

a good counter, will reach RM2 with eps 5x4=20 and PE 10, div ~4%

1 week ago

paperplane

hope they can do well

1 week ago

lloydlim

Time to accumulate!

1 week ago

kedsheong

Best Quarterly performance. 💪💪💪 EPS 16.75, fair PE 15, TP=16.75x15= 2.51. Howardmark, please STFU !

1 hour ago

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