ASTINO BHD

KLSE (MYR): ASTINO (7162)

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Last Price

0.61

Today's Change

0.00 (0.00%)

Day's Change

0.61 - 0.61

Trading Volume

15,500


2 people like this.

1,164 comment(s). Last comment by Dakewlest 3 days ago

High5

1,269 posts

Posted by High5 > 2020-10-12 15:15 | Report Abuse

Hoot9E

High5

1,269 posts

Posted by High5 > 2020-10-12 15:16 | Report Abuse

TSH the created of Hoot9E...

Mcaresdk91

355 posts

Posted by Mcaresdk91 > 2020-10-12 15:38 | Report Abuse

sky roket limit up

xaxaaxa

69 posts

Posted by xaxaaxa > 2020-10-12 15:46 | Report Abuse

TSH say H9E

Alfonso

3,116 posts

Posted by Alfonso > 2020-10-12 15:47 | Report Abuse

MCBH9L7e

pretty_life

4,810 posts

Posted by pretty_life > 2020-10-12 15:49 | Report Abuse

Sapu ar... cost 0.645 and let it limit up ar... continue three days limit up

Mcaresdk91

355 posts

Posted by Mcaresdk91 > 2020-10-12 15:52 | Report Abuse

roket sdh sampai bulan.isi minyak lagi.esok planet marikh.tnx astino

Junx

320 posts

Posted by Junx > 2020-10-12 16:08 | Report Abuse

Who is this TSH?

mileskoon

88 posts

Posted by mileskoon > 2020-10-12 16:28 | Report Abuse

Take a look at sntoria, first day spike. Target 0.18, which is 30% of return.

Ucentral

18 posts

Posted by Ucentral > 2020-10-12 20:38 | Report Abuse

Target Price for tomorrow?

James Ng

2,705 posts

Posted by James Ng > 2020-10-12 21:09 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-10-12-story-h1534612088.jsp
[转贴] [Video:浅谈ASTINO BHD, ASTINO, 7162] - James的股票投资James Share Investing

amateurJR

2,366 posts

Posted by amateurJR > 2020-10-12 23:27 | Report Abuse

TSH fang shui master Tan Soon Hin

Posted by Huitanaccident > 2020-10-13 10:13 | Report Abuse

Tan Soon Hin , paria teacher, cheated money.
TY yap, Tony Lim good teacher, not simply asking money

Posted by Warren_Buffett88 > 2020-10-13 10:34 | Report Abuse

limit up...go go go...

Posted by Warren_Buffett88 > 2020-10-13 11:31 | Report Abuse

fly soon...

Condom004

398 posts

Posted by Condom004 > 2020-10-13 15:12 | Report Abuse

Astino canot jo..hoot Bcmall

Posted by Warren_Buffett88 > 2020-10-13 15:37 | Report Abuse

engine is started...

Posted by Warren_Buffett88 > 2020-10-13 15:41 | Report Abuse

limit up...go go go...

Mcaresdk91

355 posts

Posted by Mcaresdk91 > 2020-10-13 15:42 | Report Abuse

come on astino bring us to planet mars

calvintaneng

56,606 posts

Posted by calvintaneng > 2020-10-14 19:26 | Report Abuse

Warning on Astino

1. Astino roofing sheets not doing well since got mco lock down

2. With mco many people cannot even pay house installment how to spend money renovate houses ?

3. Astino has no reason to go up except a pump and dump operation

4. Now insiders are starting to sell because Astino is now overvalued

SELL ALL ASTINO TOMORROW FIRST THING IN THE MORNING AND GET OUT!!!

Mcaresdk91

355 posts

Posted by Mcaresdk91 > 2020-10-14 19:58 | Report Abuse

wil cek tis out tmrw moning bos.

Posted by acepilot12 > 2020-10-14 20:02 | Report Abuse

Calvin, making your own assumptions? Lol

Mcaresdk91

355 posts

Posted by Mcaresdk91 > 2020-10-14 20:05 | Report Abuse

since 2017 til now profitable .how come during pkp bisnes down.anyway tnx fr the info sifu calvin

Posted by Investor 9999 > 2020-10-14 20:38 | Report Abuse

Corporate Video: https://www.youtube.com/watch?v=0iVGt82fNdg

Investment Merits – Continuous 20 Years of Profit Track Record since FY2000and trading at attractive PE of 7.2 with 50% upside

A stock to watch or take position at below 65 Sen level depending on your risk appetite with its 20 years of consistent performance delivering profits. Management’s confidence in its share price is reflected by the continuous share buybacks and purchase of shares by controlling shareholders in recent months.

At 59 Sen, it is trading on an attractive PE 7.2 based on FY 2020 EPS of 8.2 Sen (FY 2019 EPS was 8.71 Sen) despite 2 months of MCO affecting operation and business for FY 2020.

Based on Q4 EPS of 2.69 Sen achieved despite being affected by MCO, we estimated the FY 2021 EPS in the region of 10 Sen to 11 Sen. Using a prudent forward PE 9 to PE 12, its valuation based on 10 Sen EPS, could range from 90 Sen to RM1.20 and based on 11 Sen EPS, its valuation could range from 99 Sen to RM1.32 (using PE 9 and PE 12) respectively.

An attractive Co to buy in before Mr. Market notice it.

It is a very thinly traded share with only 271.9 mil shares issued. The top 30 shareholders hold about 186 mil shares or 68.6%. Do not chase as it would push up the price. Just buy on market weakness and accumulate investment overtime to keep for long term.

Posted by Investor 9999 > 2020-10-14 20:39 | Report Abuse

Investment Merits – Continuous 20 Years of Profit Track Record since FY2000

• Since its listing in 2000, Astino has always been making profit. From our research based on available records in Bursa, for last 17 years, since FY 2013, Astino has always delivered annual EPS of more than 7.22 Sen (which is the lowest in FY 2015) other than FY 2009 during Global Financial Crisis where the EPS was 7.08 Sen.

• Strong management with good corporate governance

• Strong balance Sheet with good operating cash flow of RM71 mil for FY 2020 (FY 2019 RM47 mil)

• Cash balance of RM65 mil (FY 2019 RM21 mil) which is equivalent to 23 Sen per share

• Net borrowing almost Nil, RM595K


• NTA of RM1.48 (Share price 59 Sen) and management in 2018 guided us that NTA based on revaluation of land and building could easily be more than RM2.00

• Land and buildings and vacant land at 31 July 2019 amounted RM173 mil stated at HISTORICAL COST. Land and building acquired prior to 2008 amounted RM133 mil (Ask yourself what is the valuation today? Price of Industrial Land in Penang had easily increased by more than 150% since 2008).


• Land held for future expansion and investment acquired from 2014 to 2019 amounted to RM40 mil included in above RM173 mil.

• New World class (1,700,000 sq ft) Plant in Changkat in Penang completed in 2018 and poise for expansion


• 9 Manufacturing Plants strategically located in Malaysia – Penang, KL, Malaka & Temerloh

Posted by Investor 9999 > 2020-10-14 20:41 | Report Abuse

Financial

In recent its Q4 announcement for the quarter ended 31 July, the Co reported a revenue of RM127 mil (FY 2020 RM521 mil) with a PBT of RM9.63 mil (FY 2020 RM28.1 mil) and net profit attributable to shareholders of RM 7.3 mil (FY 2020 RM22.3 mil) .

The EPS for Q4 was 2.69 Sen and FY 2020 EPS was 8.2 Sen. The Co also proposed a first and final dividend of 1.5 Sen for shareholder approval at AGM. The dividend yield is 2.5%. The Co has been paying dividend

PERFORMANCE REVIEW

Under difficult MCO environment, for the financial year 2020 (unaudited), the Group achieved higher revenue of RM521 million with a lower profit before tax (“PBT”) of RM28 million as compared to RM584 million turnover and RM32.5 million PBT achieved in Financial Year 2019. The FY 2020 EPS was 8.2 Sen (FY2019 8.7 Sen) and for Q4 the EPS was 2.69 Sen


Cash Flows And Liquidity
The Group’s cash & bank balances had increased by RM44 million to RM65 mil and bank borrowing was decreased by RM8 million to RM66 mil as compared with financial year 2019 mainly due to decreased in inventories of RM37 mil and receivables of RM17 mil as compared with previous financial year.

The operating cash flow from operation amounted to RM72 mil (FY 2019 RM 47 mil)

The Group’s net debt to equity ratio is nil at the end of the current financial year. The Group’s strategy is to maintain a low gearing ratio via strict and cautious control over its capital resources in order to achieve long term business objectives and to maximise shareholders’ value.

Prospect Statement by the Board
The volatile steel price and foreign currency has caused uncertainties in our pricing policies. In this regard, we will continue to closely monitor the changes in steel price in order to ensure that our profit margins are reasonably protected as well as our selling prices remain competitive. Barring any unforeseen circumstances, the Group will continue to strive for a commendable performance to maintain the Group’s competitiveness in the long term.

Brief Company profile

The Group is involved in the manufacturing and sales of metal building materials including metal roofing, c-purlin, small c-purlin, truss and batten, piping, scaffolding, slitting and levelling coil, agro facilities and its related products. The Group consists of ten subsidiaries and one associate company. The Group’s products are sold principally through its network of dealers in Peninsular Malaysia, Sabah and Asia Country. The Group’s products are mostly sold domestically (88%) where exports merely contribute 12% to the Group’s revenue. The Group’s mission is to supply our customers with Top Quality and Innovative Products at reasonable cost, in line with the nation’s aspiration of zero inflation and satisfying customer requirements through personalized, efficient and reliable services, and establishing a mutually rewarding relationship. Thus, the Group has set-up nine manufacturing plants to better service the increasing customer base. The plants are set up strategically at Sungai Bakap, Bukit Beruntung, Melaka and Temerloh to provide services for customer at different locations. The various plants also enable cost savings in transportation, effectively reducing cost of sales.

Company’s Products (Watch Corporate Video for understanding of Co Products)
• Core Roofing Products – Metal Roofing Sheet and Building Products
• Multi Truss and batten
• Agro-House Multi System for Poultry Industry – Plastics Poultry Slab & Ventilation System https://www.astino.com.my/products/astino-agro-house-multi-system/

• Green House System for commercial agriculture https://www.astino.com.my/products/astino-green-house/

• Truss Pallets

• Metal Roofing Sheet and Building Products

Posted by Investor 9999 > 2020-10-14 20:43 | Report Abuse

I posted the above recommendation on 1 Oct to my investment group on 1 Oct when no one want to invest in Astino

Mcaresdk91

355 posts

Posted by Mcaresdk91 > 2020-10-14 20:50 | Report Abuse

tnx fr the info investor 9999.i made decision based on these facts as well.nevertheless i still curious with sifu calvin warning

calvintaneng

56,606 posts

Posted by calvintaneng > 2020-10-15 12:10 | Report Abuse

Roofing sheet Calvin used to buy from time to time

Business not so good after mco

My supplier said

So now Astino already up so much don't be greedy anymore

Just sell and keep your profit safely

Posted by all_in_only > 2020-10-15 12:43 | Report Abuse

Looks good, all in!

Posted by Warren_Buffett88 > 2020-10-15 17:03 | Report Abuse

flushed contra players....tmr wil start the engine to limit up...

Posted by Warren_Buffett88 > 2020-10-15 17:12 | Report Abuse

tp 1.4....go go go h9e...

Posted by acepilot12 > 2020-10-19 09:24 | Report Abuse

cut or sell?

Posted by goupgoup888 > 2020-10-19 11:24 | Report Abuse

looks bad oh

Posted by Warren_Buffett88 > 2020-10-19 11:32 | Report Abuse

wil rebound after oversold...show time after lunch..

calvintaneng

56,606 posts

Posted by calvintaneng > 2020-10-19 11:58 | Report Abuse

Anyone managed to escape astino above 80 sen?

Ang buy Luxchem

Or buy Naim for 18 sen (Rm180) dividend soon

Posted by goupgoup888 > 2020-10-19 12:03 | Report Abuse

TSH selling ?

wsthong123

441 posts

Posted by wsthong123 > 2020-10-19 12:22 | Report Abuse

pity those panic selling just now

Posted by acepilot12 > 2020-10-19 15:28 | Report Abuse

should i cut or stay? i really dont know

wsthong123

441 posts

Posted by wsthong123 > 2020-10-19 15:56 | Report Abuse

@Acepilot whats your entry price?

Posted by acepilot12 > 2020-10-20 09:14 | Report Abuse

@wsthong i went into at 0.910 ..

wsthong123

441 posts

Posted by wsthong123 > 2020-10-20 09:41 | Report Abuse

oversold already, should rebound by these 2 days

Durrr00

6 posts

Posted by Durrr00 > 2020-10-20 16:03 | Report Abuse

Will rebound gogogo astino

Posted by SpicyMcDeluxe > 2020-10-21 09:43 | Report Abuse

kekw

wsthong

102 posts

Posted by wsthong > 2020-10-21 09:55 | Report Abuse

haha congrats those who bought yesterday when i say rebound :-)

Mcaresdk91

355 posts

Posted by Mcaresdk91 > 2020-10-21 09:56 | Report Abuse

ok cun.astino sdh jln.fuh lama tgu juga

Mcaresdk91

355 posts

Posted by Mcaresdk91 > 2020-10-21 10:05 | Report Abuse

hope can reach 1.00

Alfonso

3,116 posts

Posted by Alfonso > 2020-10-21 10:07 | Report Abuse

go astino, astino roofing the best~

happyman

168 posts

Posted by happyman > 2020-10-21 10:27 | Report Abuse

calvintan s early message thatAstino is affected by household roofing market is not correct. Astino is manufacturer of roofing for factory not for houses. malaysia is having a strong demand for factories nowadays , the only property sector that is doing well.mainly because of some re;ocation of factories from china and orders picked up from china us trade war

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