AJINOMOTO (M) BHD

KLSE (MYR): AJI (2658)

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Last Price

19.18

Today's Change

+0.14 (0.74%)

Day's Change

18.86 - 19.20

Trading Volume

13,700

Financial
Market Cap

Market Cap

1,166 Million

NOSH

61 Million

Latest Quarter

Latest Quarter

31-Dec-2023 [#3]

Announcement Date

29-Feb-2024

Next Quarter

31-Mar-2024

Est. Ann. Date

30-May-2024

Est. Ann. Due Date

30-May-2024

QoQ | YoY

41.47% | 535.76%

T4Q Result

Revenue | NP to SH

641,602.000 | 60,313.000

RPS | P/RPS

1,055.28 Cent | 1.82

EPS | P/E | EY

99.20 Cent | 19.33 | 5.17%

DPS | DY | Payout %

9.10 Cent | 0.47% | 9.17%

NAPS | P/NAPS

9.22 | 2.08

QoQ | YoY

25.73% | 563.02%

NP Margin | ROE

9.40% | 10.76%

F.Y. | Ann. Date

31-Dec-2023 | 29-Feb-2024

Latest Audited Result

Latest Audited Result

31-Mar-2023

Announcement Date

28-Jul-2023

Next Audited Result

31-Mar-2024

Est. Ann. Date

28-Jul-2024

Est. Ann. Due Date

27-Sep-2024

Annual (Unaudited)

Revenue | NP to SH

603,747.000 | 27,492.000

RPS | P/RPS

993.02 Cent | 1.93

EPS | P/E | EY

45.22 Cent | 42.42 | 2.36%

DPS | DY | Payout %

8.50 Cent | 0.44% | 18.80%

NAPS | P/NAPS

8.70 | 2.20

YoY

61.76%

NP Margin | ROE

4.55% | 5.20%

F.Y. | Ann. Date

31-Mar-2023 | 30-May-2023

Annualized Result

Revenue | NP to SH

644,912.000 | 49,617.333

RPS | P/RPS

1,060.73 Cent | 1.81

EPS | P/E | EY

81.61 Cent | 23.50 | 4.25%

DPS | DY | Payout %

-

NAPS | P/NAPS

-

QoQ | YoY

9.94% | 747.29%

NP Margin | ROE

7.69% | 8.85%

F.Y. | Ann. Date

31-Dec-2023 | 29-Feb-2024

Business Process

Trailing 4 Quarters Trailing 8 Quarters
Available Quarters 4 Quarters 8 Quarters
Continuous Quarters Of Revenue Growth 2 / 4 50.00% 2 / 8 25.00%
Total Positive Profit Years 4 / 4 100.00% 6 / 8 75.00%
Continuous Quarters Of Positive Profit 4 / 4 100.00% 6 / 8 75.00%
Continuous Quarters Of Profit Growth 1 / 4 25.00% 1 / 8 12.50%
Continuous Quarters Of Adjusted EPS Growth 1 / 4 25.00% 1 / 8 12.50%
Total Dividend Years 1 / 4 25.00% 2 / 8 25.00%
Continuous Quarters Of Dividend 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Dividend Growth 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Adjusted Dps Growth 0 / 4 0.00% 0 / 8 0.00%
Average ROE 2.79% 1.07%
Average Net Profit Margin 9.43% 3.33%

Last 5 Financial Years Last 10 Financial Years
Available Years 5 Years 10 Years
Continuous Quarters Of Revenue Growth 2 / 5 40.00% 2 / 10 20.00%
Total Positive Profit Years 5 / 5 100.00% 10 / 10 100.00%
Continuous Quarters Of Positive Profit 5 / 5 100.00% 10 / 10 100.00%
Continuous Quarters Of Profit Growth 1 / 5 20.00% 1 / 10 10.00%
Continuous Quarters Of Adjusted EPS Growth 1 / 5 20.00% 1 / 10 10.00%
Total Dividend Years 2 / 5 40.00% 6 / 10 60.00%
Continuous Quarters Of Dividend 1 / 5 20.00% 1 / 10 10.00%
Continuous Quarters Of Dividend Growth 0 / 5 0.00% 0 / 10 0.00%
Continuous Quarters Of Adjusted Dps Growth 1 / 5 20.00% 1 / 10 10.00%
Average ROE 8.37% 12.88%
Average Net Profit Margin 8.83% 12.87%
Key Result

T4Q Annualized Annual (Unaudited) Last 10 FY Average Last 5 FY Average
Revenue 641,602 644,912 603,747 438,309 488,192
NP to SH 60,313 49,617 27,492 54,959 41,461
Dividend 5,532 7,376 5,167 10,594 6,748
Adjusted EPS 99.20 81.61 45.22 90.40 68.19
Adjusted DPS 9.10 12.13 8.50 17.43 11.10

NP to SH = Net Profit Attributable to Shareholder, EPS = Earning Per Share, DPS = Dividend Per Share

All figures in '000 unless specified.

EPS & DPS's figures in Cent.

Growth

LQ QoQ LQ YoY CQ YoY LQ vs Average of T4Q LQ vs Average of T8Q
Revenue 3.91% 16.85% 8.49% 6.48% 12.66%
NP to Owner 41.47% 535.76% 747.29% -2.85% 147.81%
Dividend 0.00% 0.00% 7.06% 0.00% 0.00%
Adjusted EPS 41.46% 535.62% 747.78% -2.85% 147.81%
Adjusted DPS 0.00% 0.00% 7.06% 0.00% 0.00%

LQ = Latest Quarter, CQ = Cumulative Quarter, T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, QoQ = Quarter on Quarter, YoY = Year on Year

T4Q vs LFY T4Q vs AL5FY T4Q vs AL10FY AQR vs LFY AQR vs AL5FY AQR vs AL10FY LFY YoY LFY vs AL5FY LFY vs AL10FY
Revenue 6.27% 31.42% 46.38% 6.82% 32.10% 47.14% 24.57% 23.67% 37.74%
NP to Owner 119.38% 45.47% 9.74% 80.48% 19.67% -9.72% 61.76% -33.69% -49.98%
Dividend 7.06% -18.02% -47.78% 42.75% 9.31% -30.37% 0.00% -23.42% -51.22%
Adjusted EPS 119.37% 45.47% 9.74% 80.47% 19.67% -9.72% 61.79% -33.69% -49.98%
Adjusted DPS 7.06% -18.02% -47.78% 42.71% 9.28% -30.39% 0.00% -23.42% -51.22%

T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, AL5FY = Average of Last 5 Financial Years, AL10FY = Average of Last 10 Financial Years, LFY = Latest Financial Year AQR = Annualized Quarter Result, YoY = Year on Year

Discussions
8 people like this. Showing 50 of 1,613 comments

alan26334

support by up coming special dividen rm2.1 or 13% at share price rm16

2023-09-03 15:46

alan26334

business profit also start recover, more gain to come

2023-09-03 15:49

Nepo

too bad, nuclear waste dumping
japanese co image tarnish
worst still if raw materials contaminated..

2023-09-04 11:09

Nepo

Do you notice that Aji Japan Holding company share price not affect by nuclear waste dumping..?
So why we worry for the recent downtrend..
top up some @ RM 15.90 rare opportunity

2023-09-05 08:18

Nepo

top up some @ RM15.60

2023-09-07 10:38

Nepo

Top up some RM 15.44

2023-10-06 11:07

Nepo

The tentative timetable in relation to the Proposed Disposal is set out below:
Events Tentative Date
EGM for the Proposed Disposal 25 October 2023
Fulfilment of all conditions precedent in respect of the Proposed Disposal Mid January 2024
Completion of the Proposed Disposal End March 2024

2023-10-07 08:28

stockraider

The disposal of land & a very special div payout very attractive mah!

2023-10-07 10:21

DestinyL

From now on, only can go up not down lol

2023-12-06 20:21

Nepo

AJINOMOTO (MALAYSIA) BERHAD ("AMB" OR "COMPANY") PROPOSED DISPOSAL OF 6 CONTIGUOUS PARCELS OF LANDS WITH REDEVELOPMENT POTENTIAL WHERE ERECTED UPON ARE VARIOUS BUILDINGS HELD UNDER LOT NOS. 6269, 49366, PT 22910, 47088, PT 4508 AND 22968 IN MUKIM OF KUALA LUMPUR, DISTRICT OF KUALA LUMPUR, FEDERAL TERRITORY OF KUALA LUMPUR FOR A CASH CONSIDERATION OF RM408,000,000 ("PROPOSED DISPOSAL")

On behalf of the Board of Directors of AMB, Inter-Pacific Securities Sdn Bhd wishes to announce that all the conditions precedent as set out in the SPA have been fulfilled. Accordingly, the SPA has become unconditional in accordance with its terms and conditions on 6 December 2023.

2023-12-07 08:21

Nepo

When a Sale and Purchase Agreement (SPA) becomes unconditional, it means that all the conditions and contingencies outlined in the agreement have been met or waived, and the contract is now legally binding on both parties involved. This typically occurs when all necessary approvals, inspections, financing arrangements, or any other specified conditions have been satisfied or waived, allowing the transaction to proceed to completion. Once the SPA is unconditional, both the buyer and seller are obligated to fulfill their respective obligations as outlined in the agreement.

2023-12-07 08:21

Nepo

after roller coaster for so many times, already squeeze out short-term trader almost completely.
leaving behind are almost the mid to long-term holders
your patience will be well rewarded..

2023-12-07 14:56

Nepo

Now you can relax and enjoy you coffee and let the money autopilot to generate your passive income

2 months ago

stockraider

The disposal of kuchai lama land will bring alot of profits for ajinomoto , this will mean rerating of ajinomoto share price & good special dividend coming mah!

2 months ago

Nepo

The tentative timetable in relation to the Proposed Disposal is set out below:
Events Tentative Date
EGM for the Proposed Disposal 25 October 2023------->Passed
Fulfilment of all conditions precedent in respect of the Proposed Disposal Mid January 2024-------> Passed
Completion of the Proposed Disposal End March 2024------>ongoing

2 months ago

CorporateProposal

@Nepo what will be your TP post completion

2 months ago

Nepo

Hi @Corporate

I m a long-term investor. I hold Aji for long-term. As long as:
(1) Aji continues to growth(Middle East market), then i will keep the shares.
(2) If no growth, then Aji should give at least 4% dividend.

In short, If Aji can't give me above two conditions, then i will sell regardless what the share price is..

At the moment, primarily reason I hold Aji because i hope for growth from the Middle East Halal market..

2 months ago

Nepo

Probably today will explode to RM 17.50..

2 months ago

CorporateProposal

@Nepo I think engine probably start fully next week. Next QR expected end next week, hope for better QR and some good announcement.

2 months ago

Nepo

@Corporate, you spot on😃

1 month ago

CorporateProposal

Not exceptional but good QR. No good announcement yet, maybe early next month, fingers crossed.

1 month ago

Nepo

From the QRSales to Other Asian Countries increased substantially, wondering what Other Asian countries does Aji Malaysia sell to..?

1 month ago

Nepo

Look like Completion of the Proposed Disposal End March 2024------>ongoing-----> successfully completed..?
Your patient waiting will be substantially rewarded..😀😀😀

1 month ago

DestinyL

Go go go!

1 month ago

Nepo

Normal pp can only wait to harvest..
smart pp, i.e. insider can sit and relax to harvest

that is y the wealth gap widen..

1 month ago

CorporateProposal

Looks like good news incoming @Nepo as you said

1 month ago

DestinyL

There are also dumb insiders who still get to relax and harvest lol

1 month ago

CorporateProposal

can TP RM40 like this 🤑

1 month ago

Nepo

after a few days of pumping, the mgt still not let the cat out of the bag..
like this quite good because existing holders can still enjoy the runnnn.. until the day it announces..and it is the D-Day it gonna to harvest the leeks..

1 month ago

pang72

Nikkie breaks all time high like wise AJI..

AJI newly build fully auto factory bring the share price to AI automation high!

1 month ago

Nepo

Quite obvious sb is using the news (disposal of land) to goreng..

1 month ago

CorporateProposal

Can target TP RM40 like this 🚀

1 month ago

EngineeringProfit

Aji is my favourite

1 month ago

Nepo

ha i predict after reaching RM20.00, they will do harvesting..

1 month ago

pang72

Japanese is the best Asean country..as compared to US
Nikkie breaks all time high if you miss Nasdaq...
AJI is your Japanese stock for all time high...

Kawaiii Neh meh!!

1 month ago

pang72

New AJI AI fully automated factory become benchmark or role model for industrial 4.0 in malaysia...

So, fly rrrr!!!

1 month ago

Nepo

After almost one week of profit taking regarding the final confirmation of sales of land at Kuchai, Aji starts to stabilise at around RM 18.50.

Now it is the time to wait for RM 2.1x dividend from the disposal of land, adding to the stabilized share price RM 18.50, realistic price is around RM 20.xx

Are you satisfied with that share price..?

1 month ago

pushparaj

Any news on the special dividend payout. All eagerly waiting for the golden harvest, day

3 weeks ago

Nepo

Special dividend need EGM to pass..

3 weeks ago

cheongks1979

@Nepo, reading the circular again, the proposed special dividend is not subjected to shareholders or regular authorities approval.

3 weeks ago

Nepo

i see, thanks for the info, cheongks1979.

2 weeks ago

hoplanner

@Nepo at current price + sp divdend 2/-, the share cld go beyond 22.00-23.00

2 weeks ago

DaiDee

Would like to seek advice from all the sifus here in regards to the special dividend. I currently hold some shares in Aji and I'm still keen to top-up some shares as I view the brand as a long-term investment. But just out of curiosity, are my new investments still valid to receive the dividends or is there a cut-off date based on the announcements? Apologies if this question comes of as silly

2 weeks ago

Skywalker00

It’s a matter of time before the news of their Participation with Israel on the artificial meat cultivation which have hit Indonesia.

2 weeks ago

Cryptolover

@Daidee as long as u had those shares one day before the ex-date, then u will get it

1 week ago

DaiDee

Thanks for the advice @Cryptolover ! Appreciate it

1 week ago

JustinX78

Aji is moving higher and higher day after day. Suddenly people recognize MSG can increase the flavor to food? 😁

1 week ago

Nepo

@hoplanner, like this it has gone beyond my expectation..

6 days ago

stockraider

Very big div coming mah!

4 days ago

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