ABLE GLOBAL BERHAD

KLSE (MYR): ABLEGLOB (7167)

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Last Price

1.86

Today's Change

-0.06 (3.12%)

Day's Change

1.86 - 1.93

Trading Volume

231,800


16 people like this.

7,380 comment(s). Last comment by dawchok 12 hours ago

shpg22

2,984 posts

Posted by shpg22 > 2017-08-24 23:43 | Report Abuse

Revenue for FY2017 1st half still up 9.2% YoY while profit 24% YoY. No worry, still on track.

wan7075

239 posts

Posted by wan7075 > 2017-08-25 00:17 | Report Abuse

what is this allowance for doubtful debts? is it related to the admin fees?

gohkimhock

3,129 posts

Posted by gohkimhock > 2017-08-25 00:22 | Report Abuse

In accounting terms, you cannot just take in good things only and brush aside bad things. Balance sheet, P&L and cash flows are all affected.

gohkimhock

3,129 posts

Posted by gohkimhock > 2017-08-25 00:24 | Report Abuse

Admin fee is not categorized under provision. Most likely are those bad debts.

paperplane

21,664 posts

Posted by paperplane > 2017-08-25 00:32 | Report Abuse

Why this great stock just stay silo

kevin008

1,360 posts

Posted by kevin008 > 2017-08-25 07:52 | Report Abuse

provision for doubtful debt..since is provision..can reversal anytime haha

Patrick13

1,971 posts

Posted by Patrick13 > 2017-08-25 08:20 | Report Abuse

Yeah still on track everything.
And surprise they declared second interim dividend of 1 sen.
Only one query is they din disclose how much the provision for doubtful debts

Another thing is inventories balances increased from rm80m (3Q16) to rm104m (2Q17) by 30%, while sales increased from rm116m (3Q16) to rm123m (2Q17) by 6% only. That's why GP margin reduced from 18% (3Q16) to 15% (2Q17) due to facing margin compression for this period. Anyway I wish management can control well the stock level. Hoping the new local marketing arm (Able Dairies S/B) shall able to digest such high inventories balances in 3Q17 and achieve higher sales and profit.

LuckyG

1,698 posts

Posted by LuckyG > 2017-08-25 09:08 | Report Abuse

so many ppl dont read report lolx . collecting cheap now hahhaa

BullRunComing

1,449 posts

Posted by BullRunComing > 2017-08-25 09:09 | Report Abuse

Greedy when others are in fear...

LuckyG

1,698 posts

Posted by LuckyG > 2017-08-25 09:12 | Report Abuse

suspended ?

keyin

2,150 posts

Posted by keyin > 2017-08-25 09:16 | Report Abuse

Where got suspended?

WaAdaLui

1,225 posts

Posted by WaAdaLui > 2017-08-25 09:17 | Report Abuse

Suspended liao

kentg03

971 posts

Posted by kentg03 > 2017-08-25 09:18 | Report Abuse

suddenly suspended

KL_82

65 posts

Posted by KL_82 > 2017-08-25 09:22 | Report Abuse

Amendment announcement? Erm... no rush if you wanna buy. Will be slowly down and stable.

kentg03

971 posts

Posted by kentg03 > 2017-08-25 09:23 | Report Abuse

amendment on dividend?

LuckyG

1,698 posts

Posted by LuckyG > 2017-08-25 09:24 | Report Abuse

i cant see any different with amendment . which part different ?

LuckyG

1,698 posts

Posted by LuckyG > 2017-08-25 09:25 | Report Abuse

dividend 1cent

kentg03

971 posts

Posted by kentg03 > 2017-08-25 09:29 | Report Abuse

duno will suspend how long. big block in 1.46

keyin

2,150 posts

Posted by keyin > 2017-08-25 09:29 | Report Abuse

Bad .

BullRunComing

1,449 posts

Posted by BullRunComing > 2017-08-25 09:30 | Report Abuse

Sudden suspension without any announcement?

LuckyG

1,698 posts

Posted by LuckyG > 2017-08-25 09:31 | Report Abuse

good let drop few cents more for me

WaAdaLui

1,225 posts

Posted by WaAdaLui > 2017-08-25 09:33 | Report Abuse

let it drop la...... wanna buy cheaper lo....

kentg03

971 posts

Posted by kentg03 > 2017-08-25 09:34 | Report Abuse

pls drop to 1.2 :-D

LuckyG

1,698 posts

Posted by LuckyG > 2017-08-25 09:37 | Report Abuse

1.2 .... hard lah so many ppl collecting . 1.40 i will be happy

kentg03

971 posts

Posted by kentg03 > 2017-08-25 09:38 | Report Abuse

haih too bad

LuckyG

1,698 posts

Posted by LuckyG > 2017-08-25 09:43 | Report Abuse

anyone got idea when it going to reopen ? wait till wat time ?

serge

1 posts

Posted by serge > 2017-08-25 09:47 | Report Abuse

resume trading at 10.11am

LuckyG

1,698 posts

Posted by LuckyG > 2017-08-25 09:48 | Report Abuse

ok ty serge !

paperplane

21,664 posts

Posted by paperplane > 2017-08-25 10:05 | Report Abuse

hmmm, why suspended

BullRunComing

1,449 posts

Posted by BullRunComing > 2017-08-25 10:13 | Report Abuse

Slowly buy a bit a bit on weakness. F&B is stable industry. Buy on weakness and hold.

wan7075

239 posts

Posted by wan7075 > 2017-08-25 10:18 | Report Abuse

Resume with price down

BullRunComing

1,449 posts

Posted by BullRunComing > 2017-08-25 10:32 | Report Abuse

I have confident in this counter from its fundamental. I'll keep buying more on dips. Also for its warrant at discounted price.

LuckyG

1,698 posts

Posted by LuckyG > 2017-08-25 10:35 | Report Abuse

me 2 . keep collecting for long term .

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2017-08-25 10:55 | Report Abuse

EPS dropped so much. Sigh. Let go. Sayonara. Shall return.

BullRunComing

1,449 posts

Posted by BullRunComing > 2017-08-25 11:24 | Report Abuse

PBB remained TP of 1.86. Profit excludes one-off gain on disposal of machinery of RM3.0m in 1QFY17 and gain on forex.

https://klse.i3investor.com/servlets/ptres/41794.jsp

LuckyG

1,698 posts

Posted by LuckyG > 2017-08-25 11:37 | Report Abuse

success to collect some .people who don`t know how to read financial report is not fit to make money from share market .

SP0094701

654 posts

Posted by SP0094701 > 2017-08-25 11:59 | Report Abuse

within this 2 month i think buyer is week ....may see third q result .

SP0094701

654 posts

Posted by SP0094701 > 2017-08-25 11:59 | Report Abuse

beside that the growth is slow compare to previous year

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2017-08-25 18:00 | Report Abuse

Just feel IBs oversell the counter. Good salesman. If they can set TP with estimated timeframe, looks more professional.

SP0094701

654 posts

Posted by SP0094701 > 2017-08-31 19:38 | Report Abuse

Next week 1.35 to 1.39 ...

husky88

698 posts

Posted by husky88 > 2017-08-31 21:43 | Report Abuse

buy now and come back on 2018.

mjlee

449 posts

Posted by mjlee > 2017-09-03 18:11 | Report Abuse

kianjoo › canone › johotin

Ahead1268

768 posts

Posted by Ahead1268 > 2017-09-05 11:05 | Report Abuse

Cheap sales coming in today and this week!

khuen

231 posts

Posted by khuen > 2017-09-06 00:02 | Report Abuse

bought today at RM1.38, hope the expansion can be taken place as promised.

LuckyG

1,698 posts

Posted by LuckyG > 2017-09-06 10:22 | Report Abuse

seem alot ppl collecting hehehe

Posted by okasanboleh > 2017-09-06 12:04 | Report Abuse

accumulation stage

LuckyG

1,698 posts

Posted by LuckyG > 2017-09-07 08:25 | Report Abuse

buy now keep 1 year sure big jump one .

keyin

2,150 posts

Posted by keyin > 2017-09-07 09:08 | Report Abuse

Wait Early of next year.

Posted by okasanboleh > 2017-09-07 11:07 | Report Abuse

No need to wait for 1 year. that is too long.
1) the next quarter result will be good.
2) look at the news here. the impact will be on the next quarter results.
https://asia.nikkei.com/Politics-Economy/Economy/Malaysia-s-July-exports-rise-30.9-on-year

tssl74

535 posts

Posted by tssl74 > 2017-09-08 09:46 | Report Abuse

any idea when is next qtr result going to be out?
currently holding warrant which is expiring 21st Nov.

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