JERASIA CAPITAL BHD

KLSE (MYR): JERASIA (8931)

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2 people like this.

469 comment(s). Last comment by mf 2023-08-21 14:06

charles0k

62 posts

Posted by charles0k > 2015-12-10 19:07 | Report Abuse

any news or technical rebound after oversold?

runnerman

678 posts

Posted by runnerman > 2015-12-11 09:59 | Report Abuse

Boarding now...time to fly...0.9 coming

Invest123

1,634 posts

Posted by Invest123 > 2015-12-11 13:52 | Report Abuse

VegeKingII, 不管什麼决定,自己喜歡就好。

Invest123

1,634 posts

Posted by Invest123 > 2015-12-11 15:19 | Report Abuse

Any good news to share about this counter?

eltcap

283 posts

Posted by eltcap > 2015-12-14 03:02 | Report Abuse

Dropping soon

TnC928

212 posts

Posted by TnC928 > 2015-12-16 22:58 | Report Abuse

good

1901

532 posts

Posted by 1901 > 2015-12-18 10:34 | Report Abuse

Will it rise again?

镠公公

648 posts

Posted by 镠公公 > 2015-12-22 12:23 | Report Abuse

Already potong. How to rise again

1901

532 posts

Posted by 1901 > 2015-12-30 11:44 | Report Abuse

let me check Canteran Apparel Cambodia contribution as their customer are mainly large dept stores in US n europe. Mango brand here is small lo.

eltcap

283 posts

Posted by eltcap > 2015-12-30 14:40 | Report Abuse

Wonder if cny will help increase their sales volume..haha

tjhldg

27,218 posts

Posted by tjhldg > 2016-01-06 17:22 | Report Abuse

kikikikiiiiiiiiiiiiiiiiiii

domperrier

352 posts

Posted by domperrier > 2016-01-12 09:50 | Report Abuse

Bought Jerasia @ 83c this morning. Beneficiary of US$ strength.

linjie

187 posts

Posted by linjie > 2016-02-24 09:43 | Report Abuse

Padini superb record high result out yesterday, Jerasia will be doing same ?

Posted by Jolin Lai Chi Pet > 2016-03-18 07:51 | Report Abuse

nobody buy nike in this economy situations, they prefer BATA now.....................

Posted by Jolin Lai Chi Pet > 2016-03-22 07:20 | Report Abuse

where got up??? only down all the way...........

Posted by dannyhing > 2016-06-14 18:19 | Report Abuse

Sad counter, Sad company

tjhldg

27,218 posts

Posted by tjhldg > 2016-07-14 23:19 | Report Abuse

hheheheehe

tjhldg

27,218 posts

Posted by tjhldg > 2016-07-20 23:21 | Report Abuse

good lo u .. think u must be tak ada this counter and puposely come here to give kawan here warning ... haizzz ..if u ada ma good lo if banyak lagi best lo .. can kasi me sikit off market .. or tau ada kawan tat ada banyak n same thinking with u bo ? ada .. pls ingat cari tj ya ...angpow kasi u la

hehehehhhe

Posted by Jason Yong > 2016-10-19 16:52 | Report Abuse

today come big 0.685 now

Knavi

376 posts

Posted by Knavi > 2016-10-19 17:57 | Report Abuse

2nd prlexus. suit for long term

cstrader

937 posts

Posted by cstrader > 2016-10-19 18:07 | Report Abuse

TP 1.00 buy asap

accure

66 posts

Posted by accure > 2016-10-20 16:46 | Report Abuse

today stay above 200 ma..if close higher. then can go to RM0.80 or RM1.00

Posted by daftpunk8888 > 2016-10-20 17:31 | Report Abuse

looks like another pump and dump

cstrader

937 posts

Posted by cstrader > 2016-10-20 18:14 | Report Abuse

Not yet. Still to pump.

Investhor

537 posts

Posted by Investhor > 2016-10-20 18:49 | Report Abuse

JERASIA

JERASIA has first caught my attention with the significant volume of 11.5mil shares traded to on 19 October 2016, first since last year October 2015. Approximately one year later, this stock has refuelled and ready to go higher again.

Below are my facts and findings on JERASIA:

- The Group is engaged primarily in garment manufacturing and retail operations in Malaysia and Internationally and listed in Bursa Malaysia on 2nd June 2000.
 The Group manufactures fashion apparel and accessories for export.
 The Group grows its retail shops (the MNG Mango, Mango Man, Mango TOUCH, Mango Kids, Violeta by Mango, Nike, Terranova, Ladylike, Charlie, Milani, Ureka, Trio Sports, and Trio Kids brands) in East and West Malaysia.

- Interestingly the Group has incurred a total of RM34mil (RM14mil in last quarter) in acquiring property, plant and equipment in FYE2016 through combination of cash and bank financing to expand its production line to accommodate the demand.
Why a company exist in the apparel industry for more than 20 years will invest in acquiring assets to expand production line?? I don’t think they are silly and I don’t think the bank who finance them is silly. They projected something in which we will link below.

- In year 2016, the Group has aggressively embarked on expanding its network in starting new retail shops:
(1) TRIO in Sunway Pyramid
(2) TRIO in Time Square Bintulu
(3) TRIO in Batu Pahat Mall
(4) TRIO in IOI City Mall Putrajaya
As of now the Group has a total of 30 shops (11 boutiques located in Damansara Jaya, Mitsui KLIA Outlet Park, Palm Mall at Seremban, Sunway Pyramid, IOI City Mall Putrajaya, etc,), all these place are situated in crowded urban area. The upcoming boutiques will be opened in AEON Ipoh, IOI City Mall Putrajaya and Imperial City Mall Miri under brand Mango.

- All the garments/ apparels manufactured will be categorised sold either on local retail shop as stated above or export sales. Many do not know JERASIA is actually an export oriented counter and halve of the sales are generated oversea (As of FYE2015 ended 31 March, the Group has a total of unrealised foreign gain amount to RM4.5mil).
Any weakening of ringgit over USD Dollar is beneficial to the company’s bottom line. Have anyone noticed the strong profit recorded in Group’s Q3 FYE2016 (Financial Quarter ended 31 December 2015), if yes you will know what I meant.

- The Group’s NTA is valued at RM1.73, which is 60% discounted from the current closing price at 20 October 2016.

- Awaiting the latest financial quarter ended at 30 September 2016, if you aware of the trend, the coming quarter tends to improve a lot (YoY) due to festive season arrived. Garments/ Apparels are always necessities to the public and we will see high GDP recorded in September from private sector.

- The utmost facts I am going to highlight to JERASIA is TRIO. Why TRIO? Let’s put it this way, many do not know what actually catalyse PADINI to be so profitable in the past quarters. It is not Padini, it is not Vincci but it is Brands Outlet.

What’s so cool about Brands Outlet?
(1) It is price competitive.
(2) It targets wider market segment
(3) It has higher profit margin
“At pre-tax level, the company's profit margin is at the mid-teen level, ranging from 13% to 15%. Specifically, for Brands Outlet, its margin has been higher around 17% to 20% over the years.” Quoted by Chan, Executive Director of Padini Holding. Attached herewith the link: http://www.thesundaily.my/news/1260915

TRIO is similar with Brands Outlet in term of business model.

- With the above facts, the Group is forecasted to achieve a EPS of 9cents, with PE of 12 to 15, the share price should be valued at RM1.08 to RM1.35.
** PE is derived from similar competitors i.e. PADINI (PE:14), CHEETAH (PE:25), VOIR (PE:81), etc engineering background.


Conclusion:
Ok I am getting very long winded. Long story short, JERASIA caught my eyes due to:
(1) Weakening of Ringgit over USD Dollar beneficial to the Group
(2) Aggressive expansion on retail segment to boost sales (TRIO)
(3) Significant investment in acquiring plant and machinery to accommodate demand
(4) High NTA
(5) Low PE
(6) Interesting results in coming two quarters (festive season – Hari Raya and YEAR END SALES!!)

musangfoxking

3,614 posts

Posted by musangfoxking > 2016-10-20 19:05 | Report Abuse

in the nutshell, BUY!!!!!!!!!!!!!!!!!!!!

ooooooo

79 posts

Posted by ooooooo > 2016-10-20 19:32 | Report Abuse

people who work in jerasia said that market is not good as at expertation,recover very slow,weak buying power after hariraya,believe it or not ,?up to you

cstrader

937 posts

Posted by cstrader > 2016-10-20 21:33 | Report Abuse

Keep. TP 1.30

Posted by kingsonlen > 2016-10-20 21:52 | Report Abuse

UMA.....

calvintaneng

56,538 posts

Posted by calvintaneng > 2016-10-20 23:40 | Report Abuse

Jerasia? Very nostalgic indeed!

This one garnered 100% for Calvin last round

See


calvintaneng Ha! A Laggard Nobody Bothered.

These are the Salient Factors for Jerasia

1) Prolexus, PCCS & Cheetah have gone up in price. Jerasia is the only laggard.
2) NTA at RM1.50. Selling at more than 60% Discount to NTA
3) Prime Factories in Shamelin Perkasa, Pudu/Cheras (Only 5 mins to KL Golden Triangle) Also in Kluang like PCCS Factories. KL Ones More Superior in value.
4) P/E about 10. Cash flow OK
5) Full Page Advert in STAR NEWSPAPER TODAY - MANGO Clothes! At 50% DISCOUNT!
6) SHOPS ARE IN VERY PRIME SHOPPING AREAS - AEON & Others
7) WILL BENEFIT FROM TOURISM BOOM.

Since Jerasia is a laggard. Price is still cheap.
12/06/2014 12:55


Calvin Tan Research Chun Chun Call to Buy JERASIA at 45 Cts on 12 June 2014

And 1 year 5 months later JERASIA DOUBLED IN PRICE TO 90 CTS!!



calvintaneng WOW!!

ANOTHER STOCK RECIMMENDED BY CALVIN TAN RESEARCH
HITTING JACKPOT!

CALL TO BUY AT 45 CENTS.

TODAY CLOSED AT 90 CENTS.

UP OVER 100%
05/11/2015 20:12


A Word of caution now. Jerasia like all others are suffering from 6% GST hike. So its sales will be impacted.

Calvin thinks syndicates are trying to con people now. So let all fellow I3 Forumers beware!
20/10/2016 23:35

Posted by Sebastian Sted Power > 2016-10-21 06:41 | Report Abuse

syndicates? Who is that??? Maybe the one who blow crude palm oil reaching RM6000??

Posted by daftpunk8888 > 2016-10-21 07:54 | Report Abuse

syndicates could probably has bought the counter yesterday..today will sell when other unsuspecting buyers follow to buy..typical pump and dump shit..same as what happen in KGB last week..

excelling

22 posts

Posted by excelling > 2016-10-21 08:48 | Report Abuse

I am buying jerasia for long term

Posted by daftpunk8888 > 2016-10-21 09:12 | Report Abuse

wow

KarimHL

3 posts

Posted by KarimHL > 2016-10-21 09:15 | Report Abuse

This is another syndicate play. They start accumulated the share since June. Now they want to pass the ball after pushing up the price.

alvinchiam

1,555 posts

Posted by alvinchiam > 2016-10-21 09:21 | Report Abuse

dont simply listen news u will get trap.. u know.. ?? ha ha.. dont play play...

Posted by daftpunk8888 > 2016-10-21 09:38 | Report Abuse

haha

6182al

310 posts

Posted by 6182al > 2016-10-21 09:45 | Report Abuse

Shout what you want and the down market will still be THERE...........................until

Jacky OYH

329 posts

Posted by Jacky OYH > 2016-10-21 10:23 | Report Abuse

Looks like already mati ....

Knavi

376 posts

Posted by Knavi > 2016-10-21 12:35 | Report Abuse

jerasia will be the next prlexus. 3 years 5x. dividend split/bonus is expected in future.

rainbowyen

363 posts

Posted by rainbowyen > 2016-10-21 16:07 | Report Abuse

from the chart, shot up one day.. die another day.. too good to be true..maybe durian runtuh drop from sky...

excelling

22 posts

Posted by excelling > 2016-10-22 00:17 | Report Abuse

syndicate play?? the director sold 200,000 shares putting selling queue to prevent stocks from going up and u guys think it is syndicate play LOL

ever think of why the management doesn't want the company share price to go up? think about it..... so called pump and dump.. this stock is not pumped up also....

alvinchiam

1,555 posts

Posted by alvinchiam > 2016-10-22 06:10 | Report Abuse

buy jerasia park.. if u dare.. ha ha.. is ok... u know.. lets do it..

alvinchiam

1,555 posts

Posted by alvinchiam > 2016-10-22 06:11 | Report Abuse

jerasia .. , mcl, the store, pacific.. same boss.. like play play.. ha ha..

alvinchiam

1,555 posts

Posted by alvinchiam > 2016-10-27 07:49 | Report Abuse

sell

cutie

1,690 posts

Posted by cutie > 2017-01-09 12:48 | Report Abuse

can buy at 56.5???

cutie

1,690 posts

Posted by cutie > 2017-02-06 12:25 | Report Abuse

missed the boat.....no volume also can go up.

Posted by bonescythe > 2017-02-14 00:27 | Report Abuse

Boom boom liao !!!!
Got something happening ahh!!

Posted by bonescythe > 2017-02-14 00:28 | Report Abuse

Gonna unlock some big chunk of value and boom...

Posted by bonescythe > 2017-02-14 00:28 | Report Abuse

80 cents.. faster take action before some one else take action

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