Member Profile
Jusoh  |
| Total Cumulative Posts |
9 |
| Joined |
Oct 2012 |
Comments
| | User Comments |
 |  22 Dec 2014, 12:59:03 AM
Time to buy ? |
| 03 Jan 2014, 9:17:10 AM
{:star}time to buy ? 0.095 |
| 15 Aug 2013, 9:25:30 PM
bought at 0.27 can I run now.......any advise?{:star}{:question} |
| 04 Jan 2013, 6:57:43 PM
[QUOTE=juwelung @ 26 Dec 2012, 09:18 PM]2170[/QUOTE]
Fair Value : RM2.00 | Recom : Market Perform (Cease Coverage)
Above expectations. Adventa’s 4QFY10/12 net profit of RM11.5m (+>100% yoy; +>100% qoq), was above our and consensus expectations with full-year FY12 net profit of RM25.5m (+93.8% yoy) accounting for 133% and 129% of our and consensus full-year net profit estimates respectively. Key variance was higher-than-expected EBIT margin of 7.4% vs. our full-year EBIT margin forecast of 6.8% as we had underestimated Adventa’s ability to retain savings arising from the lower latex prices. As expected, no dividend was declared during the quarter.
4Q earnings doubled qoq. Qoq, revenue was 10.2% higher thanks to a rapid ramp-up in nitrile glove production from seven new lines at the Johor plant. We believe this was partly offset by weaker US$ rate of RM3.08/US$ (3Q: RM3.15/US) and marginally lower ASPs to pass on the lower latex cost (-12.5% qoq). 4Q EBIT margin, however, saw a significant expansion of 4%-pts qoq thanks to the timelag in passing on the lower average latex price of RM5.94/kg (vs. RM6.79/kg in 3Q). Coupled with a tax writeback of RM0.8m for the quarter (vs. tax charge of RM0.2m in 3Q), 4Q net profit came in significantly higher at RM11.5m (vs. RM5.2m in 3Q).
Risks. The risks include: 1) sharp decline in latex price, which may result in margin expansion; and 2) a weaker RM against the US$.
Forecasts. We have increased our FY13-14 earnings forecasts by 18.6- 21.2%, after raising our FY13-14 nitrile glove ASP by 3% p.a.. Our numbers currently do not reflect the disposal of Adventa’s glove business as pending the completion of Adventa’s acquisition of Electron Beam for RM9m and the distribution of the amount equivalent to RM260m, Adventa remains largely a cash company.
Investment case. No change to our fair value of RM2.00, which is based on a 5% discount to Aspion’s takeover offer. Following the completion of Aspion’s purchase of Adventa on 30 Nov, Adventa had announced that the share will go ex- for the distribution of an amount equivalent to RM1.70/share on 4 Jan (payment on 21 Jan). We note that post-disposal, Adventa intends to maintain its listing status and would thus utilise the remaining RM61.1m to reinvent itself as an intergrated healthcare player with a focus on distribution of medical products, sterilisation services and peretonial dialysis home-treatment services. While Adventa’s peretonial dialysis business appears promising over the longer term, we note that the project is currently at a greenfield stage and thus bears a high execution risk. With the completion of the disposal of its glove business, we are ceasing coverage on the stock.
Source: RHB Research - 03 Jan 2013
From www.i3investor.com |
| 03 Nov 2012, 8:14:55 PM
[QUOTE=Asriel @ 26 Oct 2012, 10:31 AM]2043[/QUOTE]
Dear all .....can visit www.bursamalaysia.com for further information..........happy investing
We refer to the news article published in the Edge Financial Daily and Nanyang Siang Pau on Wednesday, 17 October 2012, in particular the following sentences:
Nanyang Siang Pau
“According to sources, there may be a possible general offer for all the shares of Green Packet Berhad”
Green Packet Berhad wishes to inform that as at to-date, the Company has not received any general offers for all the shares of Green Packet Berhad.
Edge Financial Daily
“Green Packet Berhad is looking to exit the broadband service business by selling its entire 61% stake in Packet One Networks (M) Sdn. Bhd (P1)”.
“The Company is said to have received bids to purchase the shareholdings in P1, said executives familiar with the matter”
With regard to the first sentence, Green Packet Berhad wishes to announce it is exploring strategic alternatives for P1 including the possibility of merger, consolidation, to sell a stake and other options to maximize shareholders value. So far, no discussions have commenced nor have definitive terms been discussed or concluded.
With regard to the second sentence, Green Packet Berhad wishes to announce that as at to-date, it has not received any bids from any party to purchase its shareholdings in P1.
In the event that the Company enters into any agreement or transaction that is required to be announced under the Main Market Listing Requirements, the relevant announcements will be promptly made to Bursa.
This announcement is dated 18 October 2012. |
| 31 Oct 2012, 7:14:34 PM
[QUOTE=reachabbler @ 06 Aug 2012, 05:52 PM]1483[/QUOTE]
if we all buy this maxwell i hope it shall go up...... |
| 25 Oct 2012, 9:03:50 PM
[QUOTE=erfz @ 25 Oct 2012, 12:07 PM]2038[/QUOTE]
Thank you .....mind me to ask how do you derive that figure ....what will the calculation be to come out with that figure. .? |
| 25 Oct 2012, 7:36:09 AM
After this capital reduction on 8 November how much do you all think the price of this share shall be reduce from RM1.70 now...any suggestion,.,{:question} |
| 25 Oct 2012, 7:36:05 AM
After this capital reduction on 8 November how much do you all think the price of this share shall be reduce from RM1.70 now...any suggestion,.,{:question} |
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