Ays Resistance 39.5c ,47c Support 37.5c PE 7.6x Nta 73c Ada cash rm23mill 3 qtr terakhir utg Retained earnings rm197mill No of shares 380mill units, top 25 shareholders own 79%.
Just send 1.5 sen Dividend to rise so much, be careful that it will fall tomorrow. AYS - Notice of Book Closure AYS VENTURES BERHAD
First Single Tier Interim Dividend of 1.5 sen per ordinary share
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted "Ex - Dividend” as from: 8 Oct 2021 2) The last date of lodgment : 11 Oct 2021 3) Date Payable : 25 Oct 2021
AYS able to generate powerful result due to: 1) the major trading segment is on the bottom of the down stream of steel supply chain. I.e the hardwares, flat steel finished product like steel pipes and the like. It is not mid stream like other long steel / hrc players. Hardware businesses are essential sector and allowed to operate during MCO 3.0. In Tashin (another similar but have smaller hardwaresegment like AYS) quarter report, you can see that tashin business resumed in 6th july. That's why tashin still reported a Q/Q grow. 2) AYS key segment, besides malaysia, is at singapore and supplies to major marine companies. So, business is as usual. Not affected by malaysia mco too. 3) Q/Q strong profit is also due to sky high price of hardwares / 五金due to high seafreight and short of supply from china. 4) AYS is big umbrella players i.e, it supppy everything that is steel in nature. So the company got benefited the most when hardware products price surged. 5) Singapore is key hub for ship building. AYS through subsidiary "steelaris" is supplying to singapore. Ship building is of good business now.
I have AYS, so i must sing some good song for AYS though.
ADD ON: November result likely will be even better. Imagine for month of june, AYS is monopoly the supply. JULY & August, AYS still monopoly the supply. Septembee, fresh demand will kicks in due to economy reopening in malaysia. The low inventory in steel industry should further drive up hardware price. Sept and oct in china is 金九银十 months. I made some money during 金三银四 months. Hope similar thing to repeat again.
Do not waste time with rr88 who does not even have RM530 to pick up 1,000 shares of AYS for one day. He did not know the fundamental of AYS and simply make sell call remarks. rr88 never has money to pick up any share in KLSE. I will continue to embarrass him as long as he posts his article in I3 without facts and figures.
He can bullshit that he picked up 67,000 shares on Serbadk and make profit on Serbadk, but he erased the information later. I am not interested to know Serbadk because it is not a good fundamental stock.
Check his record, he boasted that he stayed in 8 million dollar bungalow house and drive 300,000 car and has expensive dinner in the hotel frequently.
Someone posted in I3, rr88 stays in low cost house and use public bus as his transportation vehicle. I happen to read this information and I save this information in my file.
I really cannot stand this person, I break my rule again. Thank you.
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....
lovelife888
490 posts
Posted by lovelife888 > 2021-06-28 23:20 | Report Abuse
Yes it really slow...