good company。。。。。

Why is so good?

just feel good.......

when go up

I had review ASIAFLE annual report 2017. 

Kindly review and comment

Hey guys, I created a quick & short fundamental analysis animated video on this company. I hope it helps you to know more about it! #FundamentalDaily002 

https://www.youtube.com/watch?v=cxgB3stXk30

YAPSS Quick Summary and Free 10 Years Financial Data of Asia File Corporation Berhad:
https://www.yapss.com/forum/klse-forum/asia-file-corporation-berhad-asiafle-7129

is this dividend company?

The stationary business is being disrupted by digital tech. The company answer to this is not to expand into this sector but to seek other opportunities. They have gone into the packaging business as an example. It remains to be seen whether it can build a strong presence here now that the damand for packed food is not as good as during the height of Covid-19.

Asia File is an interesting company and I covered it as one of my case studies in my ebook. If you want to see my ebook in infographics format, go to Do you really want to master value investing?

We have read stories about how some of the Malaysian media groups “suddenly” have to close down their newspaper operations due digital disruption. Digital disruption does not happen overnight and you would have thought that companies would have years to prepare for this.

One good example of a company that took step to anticipate digital disruption is Asia File. This is a global filing company. We all know that digital technology is changing the way we store documents and the demand for files will continue to decline.

Asia File recognized this and for the past decade, it had stopped expanding its filing business. Instead it diversified into food and consumer wares about 7 years ago. This have given it a possible non-stationery growth path. But it is not clear whether this can be as big as the stationery business. So the company is still looking for other ventures.

This good story is that its stationery business is a cash cow and it is still not clear how long it will take for the demand for files to become negligible. In the meantime, the company is using the cash and time to build up replacement businesses.

I am sure you will not read any story about this company suddenly closing down the filing business due to digital disruption. If you want to know more about this, go to page 21 of INVEST