Posted by Desirees > 2017-09-29 14:53 | Report Abuse

qtr report this evening out?

Posted by windcloud > 2017-09-29 18:28 | Report Abuse

Result out already not good this qtr

Posted by XDreamerII > 2017-10-01 23:14 | Report Abuse

higher allowance for diminution in value of inventories amounted to 5.2 million....pat should be more than 10m....even provision drag down EPS...current PE still low...very defensive stock with grow on track from foreign sale...

Posted by Jackson Yuen > 2017-10-02 07:18 | Report Abuse

http://www.yieldmountain.com/2017/10/01/quarterly-result-malaysia-astino-berhad-q4-fy17/

Posted by Hotrod > 2017-10-02 10:13 | Report Abuse

Another flop recommendation by OTB

Posted by apolloang > 2017-10-02 10:13 | Report Abuse

profit down a lot lah

Posted by XDreamerII > 2017-10-02 11:05 | Report Abuse

Thank Jackson Yuen

Posted by nekosan > 2017-10-02 14:21 | Report Abuse

Hahaha otb.... Hahahhaha ask him keep skin lar

Posted by windcloud > 2017-10-04 14:54 | Report Abuse

Good entry price now .................

Posted by meistsk3134 > 2017-10-04 15:16 | Report Abuse

metal zinc nickel up so fast. astino have to buy costly material to manufacture atap.

Posted by Yap Yangg > 2017-10-04 20:18 | Report Abuse

@meistsk3134 can u provide more details on this? thanks

Posted by meistsk3134 > 2017-10-04 20:28 | Report Abuse

does astino have own raw material?
my new house awning are from them. and contractor say they only focus malaysia business and few in SG. bout metal price u can check in xommodity

Posted by meistsk3134 > 2017-10-04 20:31 | Report Abuse

that day 90cent should buy in.

Posted by limlw > 2017-11-10 11:40 | Report Abuse

wat is alloance for diminution?

Posted by futurehope > 2017-11-29 23:12 | Report Abuse

http://www.malaysiastock.biz/Company-Announcement.aspx?id=1017591

Posted by sharegain > 2017-11-30 10:19 | Report Abuse

Mr Koon has emerged has major shareholder for Astino. Refer the annual report

Posted by tapdance > 2017-11-30 11:11 | Report Abuse

He has not disclose at bursa yet?

Posted by Yap Yangg > 2017-11-30 13:23 | Report Abuse

Hey guys, I've wrote a blog on ASTINO but it's in Mandarin, hope you can support =D
https://hapistock.blogspot.com/2017/11/astino7162-astinoastinofinancial-yearfy.html

Posted by AK Tan > 2017-12-03 03:15 | Report Abuse

从11月份出炉的钢铁公司业绩参差不齐，总个来说长钢的业务表现比扁钢好，而扁钢下游公司则比中游来得好。然而，绝大部分的钢铁公司的股价都在业务出炉后纷纷下滑，唯有Astino在过去两天异军突起，再次回在1.00的水平。

于是，我就去看了下bursa的公告，却发现原来在它的年报出炉了，近期很红的投资大师官有缘在30大股东榜上有名(第7，14，19的大股东，占3.51%股权)，同时上榜的还有海外价值投资型基金的Yeoman 3-Rights Value Asia Fund(0.73%股权)与CSC Steel Holdings Berhad(0.76%股权）。这也难怪Astino在年报出炉后在逆市中被扯购走高。

让我感到兴趣的是为何官老爷与Yeoman会同时看上它呢? 官老爷比较偏向成长股，而Yeoman则以价值投资为主，它们能够同时看上一家公司，那就值得我们去留意一下了。

成长动力
1。年报的Management discussion and analysis中指出公司在Changkat, Penang的新厂建筑当中，目前投入20.9mil，预期会在明年年尾开始投入生产。
2。国外销售从去年的16mil增加到40mil营业额。
3。Agro facilities(家禽设备)深受本地与国外家禽业者的欢迎，订单不断。（https://www.youtube.com/watch?v=SdEs5bN_j_I&t=201s)

价值
1。过去14年(上市至今)，公司都能够维持15%以上的毛利(除了2009年金融风暴时的毛利只有12%)
2。负债比例(D/E)从5年前的0.53减少到0.14。
3。今年公司增加派息，宣布了额外1分的股息。(全年2分)

Astino是扁钢下游商家，业绩将会在这个月(12月)出炉，下游商家比中游好赚的话，那它即将出炉的业绩必会看到不俗的成长。就让我们拭目以待，它是否值得官老爷与Yeoman的错爱！

Posted by Yap Yangg > 2017-12-03 11:42 | Report Abuse

Thanks AK Tan

Posted by Yap Yangg > 2017-12-03 11:45 | Report Abuse

我想请问你有什么data证明扁钢下游比上游好赚吗？

Posted by Yap Yangg > 2017-12-05 19:33 | Report Abuse

ASTINO management keep buying back stock

Posted by WDYE > 2017-12-28 09:45 | Report Abuse

Collect now, for sure will regret for those tomorrow only start chase high.

Posted by WDYE > 2017-12-28 12:49 | Report Abuse

Like yesterday, the afternoon session sure will up..collect now, it really worth more than 95 c, after QR out later, no more below 1. Collect now before too late.

Posted by JW Leong > 2017-12-28 17:20 | Report Abuse

Beautiful qr

Posted by Yap Yangg > 2017-12-28 17:29 | Report Abuse

12.1 million PBT, some more got 6.2 million write off inventory. So the real PBT is 18.3million! NEW HIGH!

Posted by TanTeeHean > 2017-12-28 19:14 | Report Abuse

Excellent Result.

Posted by bali > 2017-12-28 20:27 | Report Abuse

Never incurred loss even in a single individual quarter over last ten year, really undervalued gem :)

Posted by sharegain > 2017-12-28 22:08 | Report Abuse

Any sifu here know what is diminution of inventory in accounting standard? Why there are substantial amount being write off for consequence two quanter result?

Posted by Yap Yangg > 2017-12-28 22:46 | Report Abuse

Actually someone should raise this question up in upcoming AGM. From what I know, diminution in inventory happens when the price of its inventory drop. BUT, honestly speaking, this is the first company that I know of, so ikut accounting policy, so far no company keep on minus their inventory cost de. I am also wondering what management is thinking...... IF no diminution the PBT is 18.3 million.

Posted by sharegain > 2017-12-29 07:02 | Report Abuse

Astino's inventory shall be steel sheet. During this period, the price shall go higher if not the same price. How come?

Posted by ZeGK > 2017-12-29 07:34 | Report Abuse

Strong company with strong management. A company that means business and means for long existence. Gem stock to invest

Posted by AllWin > 2017-12-29 09:09 | Report Abuse

KYY would be happy with the result as he bought a lot of Astino's share

Posted by WDYE > 2017-12-29 09:30 | Report Abuse

KYY sure will push it high and higher, shorterm TP 1.30 will be reach, collect it now. Like what I mention yesterday, no more below 1.00 for this counter.

Posted by ESPESP > 2017-12-29 10:36 | Report Abuse

Stockwatch ESP initiated a buy call for Astino.

Astino usual Q1 result are the weakest (please refer to the past 3 years trend).
In this case, the Company manage to earn RM 9.5 mil (EPS of 3.8 cent).
Note that this profit is after deducting ONE-OFF impairment loss from Inventories of around RM6 mil

The Actual EPS without impairment is therefore = 6.2 cent
Rolling 4 quarter would be around 24 cent and PE of 4.

Can you all find another share that is so UnderValue? I believe KYY will continue to buy ASTINO after collecting sufficient HengYuan. My personal target price is above RM1.50

Thanks.

It is just a matter of time before it blossom like Hengyuan :)

Posted by AllWin > 2018-01-01 20:15 | Report Abuse

KYY still promoting Hengyuan and keep silent on Astino

Posted by Desirees > 2018-01-02 13:42 | Report Abuse

its under the cloud , susah.nak panjat tinggi.

Posted by Yap Yangg > 2018-01-02 21:48 | Report Abuse

Is anyone of you going to AGM ?

Posted by WDYE > 2018-01-03 11:53 | Report Abuse

Astino will coming, today break through and go for 1.05 TP . Buying interest will come later.

Posted by koowakzai > 2018-01-05 09:41 | Report Abuse

Past few days , so many ppl throwing at 1.

Posted by Yap Yangg > 2018-01-05 12:03 | Report Abuse

Boom

Posted by ZeGK > 2018-01-05 13:58 | Report Abuse

Coming!!

Posted by kenz88 > 2018-01-05 14:22 | Report Abuse

bommmmmmmmmmm

Posted by camel > 2018-01-05 15:57 | Report Abuse

buy, very cheap.

Posted by ZeGK > 2018-01-08 13:06 | Report Abuse

Just curious, how to you know KYY has 4.3% share in astino? :P

Posted by Xiuying94 > 2018-01-08 14:20 | Report Abuse

so this price is consider Low now?

Posted by ahpeng95 > 2018-01-08 18:56 | Report Abuse

https://klse.i3investor.com/blogs/RoadtoSuccess2/

Posted by koowakzai > 2018-01-11 14:35 | Report Abuse

Discount sale for astino. It should break 1.05 in short term

Posted by Teo Jiunntian > 2018-01-12 15:22 | Report Abuse

Break my neck

Posted by koowakzai > 2018-01-12 18:03 | Report Abuse

Sold at 1.05. Will reenter at 1.03 :)