(HINGYAP 7 722 main board consumption) program to 200 million 45 million ringgit, purchased the brand in Asia including Anakku and Audrey 6 clothing brand and related companies.
The six companies were Anakku, Audrey, Mickey Junior, Asian brands, global brand asset management in Asia and the Asian brand of Human Services.
Mergers and acquisitions to obtain greater market share
"In addition to economies of scale, mergers and acquisitions will also allow the company to achieve greater market share in the retail and apparel trade."
The paper noted that the report prepared by the merger Industrial weaving from the complementary effects, allows the company to diversify and strengthen the company's infant and children's clothing and women clothing products.
In the acquiring company, Anakku brands with more than 30 years of history, by Audrey is also the local well-known lingerie brand, Industrial weaving purchased under two major brand, you can instantly step into the two major apparel market.
Can't predict must.My suggest to hold for further uptrend breakout and targeted to have some consolidate on current stage of price.High potential growth on current M&A business outlook,financial performance positive,PE below 9 and NTAB RM2.70.Cheers
Thanks horseykl.Currently waiting for next opportunities on some targeted future potential stocks.To move home in current stage .Let's explore more if right market sentiment available
Wahhh Quarter1 Result so solid. Beyond Expectation compare to Kenanga analysis. Likely will be rerated with TP above RM4.00. Today price alone shoot up from 3.61 to 3.70.. tempted. Should buy? anyone?
After the disposal of non-core assets and acquisition of Audrey, Anakku and etc, the company is poised to focus on building up the brands. It looks good as i believe the newly acquired brand have their market too(in fact Anakku has the largest market share in baby apparel).. Someone willing to share somemore?
Technical BUY with +17.6% potential return Last price : RM4.04 Target Price: RM4.52, RM4.75 Support : RM3.92 Stop-loss: RM3.88 BUY with a target price of RM4.75 with stop loss placed below RM3.88. AAB’s share price made a breakout above both the “cloud” and medium-term downtrendline on 18 Mar 14 before experiencing a minor pullback amid profit-taking activity. As the selling pressure has eased, AAB resumes the upward climb and tested the recent high at RM4.04 yesterday. Given renewed buying interest following the higher trading volume of 0.46m shares registered yesterday, we expect the share price to nudge higher along the longterm uptrend line. The sloping 10-day and 21- day SMA lines should support AAB’s movement on the back of surging momentum as flashed by an uptick in RSI. We peg our upside target at the 1.61x Fibonacci extension level of RM4.75 over the medium term.
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....
kcfan
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Posted by kcfan > 2012-07-15 22:33 | Report Abuse
(HINGYAP 7 722 main board consumption) program to 200 million 45 million ringgit, purchased the brand in Asia including Anakku and Audrey 6 clothing brand and related companies.
The six companies were Anakku, Audrey, Mickey Junior, Asian brands, global brand asset management in Asia and the Asian brand of Human Services.