ABLE GLOBAL BERHAD

KLSE (MYR): ABLEGLOB (7167)

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Last Price

1.92

Today's Change

-0.03 (1.54%)

Day's Change

1.92 - 1.95

Trading Volume

102,200


16 people like this.

7,379 comment(s). Last comment by KPH5328 2 weeks ago

unclelimhuat

1,104 posts

Posted by unclelimhuat > 2019-04-16 13:43 | Report Abuse

bull bull

Posted by origamiandair > 2019-04-17 08:56 | Report Abuse

CEO and family buying.

LuckyG

1,698 posts

Posted by LuckyG > 2019-04-17 09:05 | Report Abuse

yah more then 1% of total shares

Posted by origamiandair > 2019-04-17 09:19 | Report Abuse

More coming since they are asking for mandate for the company to buy back too. Family + company buy back. Something huge must be coming.

LuckyG

1,698 posts

Posted by LuckyG > 2019-04-17 09:24 | Report Abuse

i guess these family worry other taking over the company control . golden goose

Posted by origamiandair > 2019-04-17 09:36 | Report Abuse

Breakout!

LuckyG

1,698 posts

Posted by LuckyG > 2019-04-17 10:26 | Report Abuse

no show today ......

paperplane

21,660 posts

Posted by paperplane > 2019-04-17 10:39 | Report Abuse

ame EDWARD GOH SWEE WANG
Descriptions(Class) Ordinary
Details of changes
No
Date of change
No of securities
Type of transaction
Nature of Interest
1
15/04/2019
2,000,000
Acquired
Direct Interest
Name of registered holder EDWARD GOH SWEE WANG
Description of "Others" Type of Transaction
Consideration (if any)

Circumstances by reason of which change has occurred Acquisition of Johore Tin Berhad (JTB)s shares
Nature of interest Direct Interest
Total no of securities after change
Direct (units) 16,656,920
Direct (%) 5.370
Indirect/deemed interest (units) 35,989,026
Indirect/deemed interest (%) 11.592
Date of notice 15/04/2019
Date notice received by Listed Issuer 16/04/2019

paperplane

21,660 posts

Posted by paperplane > 2019-04-17 10:39 | Report Abuse

of Dealing

Number of Shares

Percentage of Shares (%)

Consideration per Shares

Remark

Direct

Indirect

Direct

Indirect

15/04/2019

2,000,000
-

0.64

-

RM1.56

Acquisition of JTB’s shares

Posted by origamiandair > 2019-04-17 11:13 | Report Abuse

Down again haha. False breakout.

paperplane

21,660 posts

Posted by paperplane > 2019-04-17 13:01 | Report Abuse

If shareholder so confident to buy at 1.56 for 2mil shares.... What u afraid of

paperplane

21,660 posts

Posted by paperplane > 2019-04-17 13:01 | Report Abuse

U buying at. 1.45 now alredi winning the insider

Posted by graynoize8 > 2019-04-17 13:34 | Report Abuse

KLSE is about to go deeper into the red soon. I'd wait.

Icon8888

18,659 posts

Posted by Icon8888 > 2019-04-17 17:15 | Report Abuse

Boss bought 2 million shares woh

: 0

Icon8888

18,659 posts

Posted by Icon8888 > 2019-04-17 17:15 | Report Abuse

Something good brewing ?

Posted by origamiandair > 2019-04-17 20:11 | Report Abuse

Something is definitely coming but marco-wise KLSE tak habis2 negative. It's like foreigners can't stop selling and keep flame bad news.

Icon8888

18,659 posts

Posted by Icon8888 > 2019-04-17 20:14 | Report Abuse

Don't worry about that

It is like occasionally you grow some pimples on your face

It never kills

And before you know it already go away

Posted by origamiandair > 2019-04-17 23:22 | Report Abuse

Been thinking that way. But it has gone on like that since post-GE14. Only getting worse now. If the downgrade by Russells on government bonds happen, the bad sentiment will cause more splash effects, and then more will dump even more.

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2019-04-18 09:51 | Report Abuse

I wonder did management have any plan to hedge its raw material cost for YE2019?especially for tin & skimmed milk powder...hmm hmmm

5354_

4,808 posts

Posted by 5354_ > 2019-04-18 10:06 | Report Abuse

How abt expired condensed milk? Many companies also selling eg Tesco, Econsave, etc.

5354_

4,808 posts

Posted by 5354_ > 2019-04-18 10:08 | Report Abuse

What brand condensed milk Johotin sell? People prefer them over F&N etc?

5354_

4,808 posts

Posted by 5354_ > 2019-04-18 10:09 | Report Abuse

1.3 and below I can support lah.

Posted by graynoize8 > 2019-04-18 10:42 | Report Abuse

Clones and minions from AirAsia butthurt and lost their arguments in AirAsia come here and kacau.

Air_Asia

266 posts

Posted by Air_Asia > 2019-04-18 11:01 | Report Abuse

Some1 calling me? i3 got rules origamiandair only can talk not others?

Air_Asia

266 posts

Posted by Air_Asia > 2019-04-18 11:02 | Report Abuse

1.25 Johotin I will buy.

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2019-04-18 11:06 | Report Abuse

just ignore them...johortin performance not bad...

Air_Asia

266 posts

Posted by Air_Asia > 2019-04-18 11:08 | Report Abuse

1 off good performance not sustainable?

Air_Asia

266 posts

Posted by Air_Asia > 2019-04-18 11:09 | Report Abuse

Johor Tin selling tin or tin mining company?

Air_Asia

266 posts

Posted by Air_Asia > 2019-04-18 11:10 | Report Abuse

Who is the boss? Why he is not transparent like Tony Fernandes?

LuckyG

1,698 posts

Posted by LuckyG > 2019-04-18 11:22 | Report Abuse

if you like air asia . you in wrong forum .

Posted by graynoize8 > 2019-04-18 11:39 | Report Abuse

Comparing bosses now? Hahahahaha why don't you compare with the whole of KLSE bosses then?

paperplane

21,660 posts

Posted by paperplane > 2019-04-18 11:41 | Report Abuse

need to see the dynamic of skim milk powder over their margin first only can decide. Might add only after May19 results. no rush

paperplane

21,660 posts

Posted by paperplane > 2019-04-18 11:45 | Report Abuse

temporary, i guess can have little more BIMB and its warrant?

Posted by origamiandair > 2019-04-18 11:46 | Report Abuse

Love BIMB too but couldn't get it cheaper. RHB doing quite well too.

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2019-04-18 11:53 | Report Abuse

Yes paperplane...prospect nice for johortin...but worry abit for their raw material cost especially for tin & skim milk powder...

http://global.chinadaily.com.cn/a/201904/18/WS5cb7dba4a3104842260b6e24.html

https://www.foodnavigator-asia.com/Article/2019/04/10/Dairy-opportunities-The-top-five-trends-in-China-market-revealed

demand for dairy product in china still high...so there is the opportunities...hehe

Posted by origamiandair > 2019-04-18 11:55 | Report Abuse

Mengniu and Yili Group are two of the biggest consumer companies in the world. Hard to fight them in China, thus Johotin's Mexico and Latin America thrust. Hopefully it penetrates deeper into Africa too. Both continents with huge market growth potential.

Posted by origamiandair > 2019-04-18 12:03 | Report Abuse

From what I see at the moment, been following for two three years, Johotin is avoiding the fight with the big consume giants and go where the market has lots of growth potential. Doing really well at the moment.

paperplane

21,660 posts

Posted by paperplane > 2019-04-18 12:22 | Report Abuse

If they can control cost efficiently, and get to channel costs to end user then perfect. Because its doubling capacity

paperplane

21,660 posts

Posted by paperplane > 2019-04-18 12:24 | Report Abuse

Its all because Malaysia factory almost fully run, thts mean biz good. So they expand at. Mexico so free up some capacity here for further growth. They could have a 5yr or 3yr plan. Thts would be better

Posted by origamiandair > 2019-04-18 12:41 | Report Abuse

Yeah it's to expand capacity true. But lots of obvious choices in ASEAN alone, but management chose the JV in Mexico. There must be good reasons to do so, so far away. Logistics costs alone will be a nightmare. I believe it's to penetrate the central America and Latin America market, which are mostly still in the lower ranks of development. Many of them are much underdeveloped, thus less potential to go for well known brands. Hopefully all will turn out well.

Johotin is a hidden gem indeed.

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2019-04-18 14:36 | Report Abuse

Yes paperplane...let see how they manage their cost...they have around 9% F&B customer from Central American region and mexico quite strategic location to those country...quite interesting...hehe

Icon8888

18,659 posts

Posted by Icon8888 > 2019-04-18 17:52 | Report Abuse

if I am not wrong, they have been in Latin America for long time

Air_Asia

266 posts

Posted by Air_Asia > 2019-04-18 17:54 | Report Abuse

1.56 sold no confidence on coming QR? TF yet to sell haha.

Air_Asia

266 posts

Posted by Air_Asia > 2019-04-18 17:59 | Report Abuse

18-Apr-2019 Insider MR LIM HUN SWEE (a company director) disposed 2,000,000 shares at 1.560 on 15-Apr-2019.

LuckyG

1,698 posts

Posted by LuckyG > 2019-04-18 18:27 | Report Abuse

Noob from air Asia totally dunno what he talking about. Hahaha.

Posted by origamiandair > 2019-04-18 19:24 | Report Abuse

Yeah have been in Latin America for quite a while. The JV in Mexico is to push the markets within proximity even further I believe. Good move though. I'd say the management has great insights and long term view. Go where people don't usually go.

Dickyyou

151 posts

Posted by Dickyyou > 2019-04-18 21:24 | Report Abuse

18-Apr-2019 Insider MR LIM HUN SWEE (a company director) disposed 2,000,000 shares at 1.560 on 15-Apr-2019.

paperplane

21,660 posts

Posted by paperplane > 2019-04-19 00:05 | Report Abuse

Lol....1.56 sold to other big investors lah. Or....To operator for goreng show later.u know,I know lah

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