Hi guys, (please read to the very end while I type)
Sifu Peter Lynch said he bought & sold over 2,000 shares in their Ups & Downs & his Magellan Fund even beating Warren Buffet's Berkshire for more than a decade. For some Cyclicals he even bought 3 or 4 times in their cycles
Peter Lynch classified Stocks into 6 Categories
1) Slow Growers
2) Fast Growers
3) Stalwarts
4) Turnaround
5) Cyclicals
6) Asset Play
For Warren Buffet and Charlie Munger they usually go for Stalwarts & Fast Growers & generally avoided Turnaround, Cyclical & Asset Play. So followers of Buffet cannot understand people like Peter Lynch who made a great success of buying into Turnaround, Cyclical & Asset Play type of stocks.
Look at this 5 year chart of ASB as you will notice its Cyclical Nature
Sifu Peter Lynch said he bought & sold over 2,000 shares in their Ups & Downs & his Magellan Fund even beating Warren Buffet's Berkshire for more than a decade. For some Cyclicals he even bought 3 or 4 times in their cycles
Peter Lynch classified Stocks into 6 Categories
1) Slow Growers
2) Fast Growers
3) Stalwarts
4) Turnaround
5) Cyclicals
6) Asset Play
For Warren Buffet and Charlie Munger they usually go for Stalwarts & Fast Growers & generally avoided Turnaround, Cyclical & Asset Play. So followers of Buffet cannot understand people like Peter Lynch who made a great success of buying into Turnaround, Cyclical & Asset Play type of stocks.
Look at this 5 year chart of ASB as you will notice its Cyclical Nature
ADVANCE SYNERGY BERHAD [S] (1481)
Do you notice that ASB shot up like a rocket in early 2014 from
15 sen to 26 sen for a 73% upside? And after more than one year in mid
2015 it dropped back to 15 sen.
ASB dropped to a low of 10 sen in 2017 before shooting back to
21 sen for 100% upside just 3 months later before dropping back to 12
sen in early 2018
Then after PH Govt won May 9th Election ASB again jumped from
12 sen to a high of 22.5 sen for an upside of 87%. And this was due to
Rumour that ASB is linked to Anwar Ibrahim
As of now ASB has retraced back to a moderate 14.5 sen
THE TRICK TO BUY CLICAL & ASSET PLAY ACCORDING TO SIFU PETER LYNCH IS TO BUY WHEN IT IS OUT OF FAVOUR.
BUT THAT IS NOT ALL. A COLD STOCK CAN REMAIN COLD FOR A LONGER TIME
SO HE SAID YOU MUST WATCH OUT FOR CATALYSTS
1_ A CYCLICAL CAN CHANGE BY NEW DEVELOPMENTS LIKE INFRAR
PROJECTS & FRESH JOB AWARDS (WE SEE THAT IN THE OIL AND GAS BOOM IN
EARLY 2019)
2) OR IT CAN COME ABOUT BY SALE OF ASSET OR RUMOUR OF ASSET
SALE LIKE DOLOMITE & MUI BHD SELLING CORUS HOTEL HYDE PARK LONDON
SO THAT IS THE SECRET!
NOW WHY IS CALVIN BULLISH ON ASB?
THESE ARE MY ANSWERS
1) AT 14.5 SEN ASB IS NOW NEAR THE BOTTOM OF ITS CYCLE (YOU SHOULD BUY WHEN CHEAP AND THERE IS VALUE)
Is it cheap at 14.5 sen current price for ASB?
YES. 5 YEARS AGO AFTER PROMOTING PM CORP I POSTED ON ASB
PLEASE GO TO ASB FORUM WITH ME AND SCROLL BACK AND CONTINUE TO SCROLL BACK TO YEARS GONE BY. MORE THAN 5 YEARS AGO
Dear Friends at ADVANCE SYNERGY BERHAD,
ASB was a high flyer before the Asian Financial Crisis. In 1997 ASB was traded at a high of RM4.70. At 15 Cts now ASB has fallen 97% from its peak.
I had bought & sold ASB between RM1.50 to RM2.50 in those GoGo Years. For the whole year ASB has been trading at a range bound of 13 cts to 17 cts. Very dull?
I think not for long you will see some activity here when RHB Research, Public Bank Research, Nanyang Siang Pau & others finally take notice of its immense hidden VALUE.
GOOD NEWS!!
ACCORDING TO LATEST COMPANY ANNOUNCEMENT ASB HAS JUST SOLD A HOTEL IN FRANCE FOR RM46.8 MILLIONS. THE PURCHASE PRICE OF HOTEL CUM RESTAURANT WAS ABOUT RM15 MILLIONS IN YEAR 2009.
So There is a HUGE PROFIT OF ABOUT RM30 MILLIONS FOR ASB - EQUIVALENT TO 6 CTS A SHARE. A WHOPPING 40% GAIN!!
Current Price is 15 CTS. Adjusted price should be 15+6 = 21 Cts. If Value Is Reflected By The Investing Public. And the hotel is only the Tip of the Ice Berg. ASB has an NTA of over 80 Cts. All The Other ASB Assets Are Also Highly Valuable. If Sold or Revalued Price Should Cross RM1.50 at the very least.
SO ASB IS ACTUALLY SELLING AT A HUGE DISCOUNT TO NET NET ASSET BACKING.
I have Set A One Year Target Price For ASB at 30 Cts. At 15 Cts Now That Means That It Will Be a 100% Upside.
Regards,
CALVIN TAN RESEARCH
Posted On 15th May 2014 at 10.10am Singapore Time.
ASB was a high flyer before the Asian Financial Crisis. In 1997 ASB was traded at a high of RM4.70. At 15 Cts now ASB has fallen 97% from its peak.
I had bought & sold ASB between RM1.50 to RM2.50 in those GoGo Years. For the whole year ASB has been trading at a range bound of 13 cts to 17 cts. Very dull?
I think not for long you will see some activity here when RHB Research, Public Bank Research, Nanyang Siang Pau & others finally take notice of its immense hidden VALUE.
GOOD NEWS!!
ACCORDING TO LATEST COMPANY ANNOUNCEMENT ASB HAS JUST SOLD A HOTEL IN FRANCE FOR RM46.8 MILLIONS. THE PURCHASE PRICE OF HOTEL CUM RESTAURANT WAS ABOUT RM15 MILLIONS IN YEAR 2009.
So There is a HUGE PROFIT OF ABOUT RM30 MILLIONS FOR ASB - EQUIVALENT TO 6 CTS A SHARE. A WHOPPING 40% GAIN!!
Current Price is 15 CTS. Adjusted price should be 15+6 = 21 Cts. If Value Is Reflected By The Investing Public. And the hotel is only the Tip of the Ice Berg. ASB has an NTA of over 80 Cts. All The Other ASB Assets Are Also Highly Valuable. If Sold or Revalued Price Should Cross RM1.50 at the very least.
SO ASB IS ACTUALLY SELLING AT A HUGE DISCOUNT TO NET NET ASSET BACKING.
I have Set A One Year Target Price For ASB at 30 Cts. At 15 Cts Now That Means That It Will Be a 100% Upside.
Regards,
CALVIN TAN RESEARCH
Posted On 15th May 2014 at 10.10am Singapore Time.
Calvin continues:
AS
YOU CAN SEE AFTER I POSTED ON MAY 15TH 2014 WHEN ASB WAS ONLY 15 SEN
WITH UNLOCKING OF ONE ASSET SALE THE PRICE OF ASB TOOK OFF AND GONE UP
BY 73%
AND THE COMMENTS CONTINUE
Zu 1967,
I asked OSK Iskandar Top Boss to check up on ASB. The Hotel Cum Restaurant in France was purchased in year 2009 for about RM15 Millions. Some party has paid a down payment for this property for a Sale price of RM46.8 Millions. The deal will be completed by July 2014.
Although there is a gross profit of about RM30 Millions the proceed of the Sales will
1) Settle Bank Loans
2) Reduce gearing as a result.
3) NTA will increase by 2 cts.
This is a brief summary from him as he is very busy with 26 Dealers & Remisiers under him. Anyway he will monitor this Stock for any further development.
ASB has other Valuable Properties Still Not Revalued. And since price range of ASB has been around 13 Cts to 17 Cts The Price Has Not Been Goreng Up By The Market.
I think the Gross 6 Cts Profit From The Property Sale is a positive move. By selling off a few more High Value Properties ASB will be debt free.
If you ask me to chose between LCTH which has run up in price or ASB. I think I will opt for ASB
Regards,
Calvin Tan
I asked OSK Iskandar Top Boss to check up on ASB. The Hotel Cum Restaurant in France was purchased in year 2009 for about RM15 Millions. Some party has paid a down payment for this property for a Sale price of RM46.8 Millions. The deal will be completed by July 2014.
Although there is a gross profit of about RM30 Millions the proceed of the Sales will
1) Settle Bank Loans
2) Reduce gearing as a result.
3) NTA will increase by 2 cts.
This is a brief summary from him as he is very busy with 26 Dealers & Remisiers under him. Anyway he will monitor this Stock for any further development.
ASB has other Valuable Properties Still Not Revalued. And since price range of ASB has been around 13 Cts to 17 Cts The Price Has Not Been Goreng Up By The Market.
I think the Gross 6 Cts Profit From The Property Sale is a positive move. By selling off a few more High Value Properties ASB will be debt free.
If you ask me to chose between LCTH which has run up in price or ASB. I think I will opt for ASB
Regards,
Calvin Tan
We look at return not
assets , high assets value no meaning unless realised. just like Kuchai
high Assets low profit what for. wait till kingdom come ? may as will
deploy our cash to more active growth stock. May money stuck in ASB with
little return for years.
Calvin. Bought asb at 14.5. U are right. The stock is going to fly. Huhuhuhu
16.5, so fast someone sapu?
Today last 2mins clear all 0.17, tomorrow may gap up...
This counter has been in
hibernation for so long and finally smart money started to get noticed
about the undervalued stock after selling some assets in France and a
few corporate exercises last few years. Who is Ahmad Sebi Baker? Find
out more about him and you can understand why ASB is a jewel crown that
has assets all over the world and that this guy is keeping a very low
profile from public eyes.
http://ffrreeddiiee.blogspot.com/2012/07/lim-guan-eng-anwar-remains-da..." style="text-decoration-line: none; color: rgb(0, 102, 170);" target="_blank" rel="nofollow">http://ffrreeddiiee.blogspot.com/2012/07/lim-guan-eng-anwar-remains-da...
http://ffrreeddiiee.blogspot.com/2012/07/lim-guan-eng-anwar-remains-da..." style="text-decoration-line: none; color: rgb(0, 102, 170);" target="_blank" rel="nofollow">http://ffrreeddiiee.blogspot.com/2012/07/lim-guan-eng-anwar-remains-da...
Just arrived in
Singapore. Well, since no one has posted any detail about ASB's Other
Highly Undervalued Properties let me give you just one example:
In the 2012 Annual Report of ASB Under Top 10 Properties
A Freehold Industrial Land & Building Was Purchased In Section 22, Shah Alam, Selangor In Year 2003 for RM31,909,000
The Land size is 61,492 sq meter.
Now let's do a simple Calculation & Then Its Valuation
Land is 61,402 sq. meter. 1 sq meter = 10.7639 sq ft
So 61,402 x 10.7639 = 660,924 sq ft.
According to PROPERTYGURU MY Listing. Industrial Land With Buildings are priced between RM200 psf to RM600 psf. For Section 22 Freehold Factories & Lands They are Priced around RM580 psf.
Let's take a very conservative figure of The Very Lowest Price at Only RM200 psf
So 660,924 x RM200 = RM132,184,800
Now Minus Original Purchase Price of RM31,909,000 (Year Bought 2003 - 11 years ago)
So RM132,184,800 - RM31,909,000 = A Surplus or Profit if Sold = RM100,275,000
Now let's divide by outstanding shares of ASB - 513,720,000 shares
So 100,275,000 divided by 513,720,000 = 19.5 Cts
YES THIS WILL BE THE NET PROFIT IF THE SHAH ALAM SECTION 22 LAND & BUILDING IS SOLD.
So at Current Price of 17 cts ASB IS SELLING FAR FAR BELOW NTA AND ALSO BELOW NET CASH VALUE IF JUST ONE PROPERTY IS SOLD.
AND THERE ARE 7 MORE VERY HIGHLY VALUABLE PROPERTIES IN ASB'S TOTAL HOLDINGS.
NOW CAN YOU SEE WHY ASB IS FAR MORE VALUABLE THAN LCTH MANY TIMES!
Do Your Own Due Diligence.
Get Accountants & Valuers To Double Check What I Say Whether It's True or Not
Regards,
Calvin Tan
2.30a.m. 20.05.2014 Singapore Time
Good night.
In the 2012 Annual Report of ASB Under Top 10 Properties
A Freehold Industrial Land & Building Was Purchased In Section 22, Shah Alam, Selangor In Year 2003 for RM31,909,000
The Land size is 61,492 sq meter.
Now let's do a simple Calculation & Then Its Valuation
Land is 61,402 sq. meter. 1 sq meter = 10.7639 sq ft
So 61,402 x 10.7639 = 660,924 sq ft.
According to PROPERTYGURU MY Listing. Industrial Land With Buildings are priced between RM200 psf to RM600 psf. For Section 22 Freehold Factories & Lands They are Priced around RM580 psf.
Let's take a very conservative figure of The Very Lowest Price at Only RM200 psf
So 660,924 x RM200 = RM132,184,800
Now Minus Original Purchase Price of RM31,909,000 (Year Bought 2003 - 11 years ago)
So RM132,184,800 - RM31,909,000 = A Surplus or Profit if Sold = RM100,275,000
Now let's divide by outstanding shares of ASB - 513,720,000 shares
So 100,275,000 divided by 513,720,000 = 19.5 Cts
YES THIS WILL BE THE NET PROFIT IF THE SHAH ALAM SECTION 22 LAND & BUILDING IS SOLD.
So at Current Price of 17 cts ASB IS SELLING FAR FAR BELOW NTA AND ALSO BELOW NET CASH VALUE IF JUST ONE PROPERTY IS SOLD.
AND THERE ARE 7 MORE VERY HIGHLY VALUABLE PROPERTIES IN ASB'S TOTAL HOLDINGS.
NOW CAN YOU SEE WHY ASB IS FAR MORE VALUABLE THAN LCTH MANY TIMES!
Do Your Own Due Diligence.
Get Accountants & Valuers To Double Check What I Say Whether It's True or Not
Regards,
Calvin Tan
2.30a.m. 20.05.2014 Singapore Time
Good night.
AS YOU CAN SEE FROM THIS POST DATED MAY 20TH
2014 (MORE THAN 5 YEARS ALREADY) ASB FINALLY GOT A BUYER FOR RM124
MILLIONS (CALVIN FORECAST WAS RM132 MILLIONS: ACTUAL SELLING PRICE IS
RM124 MILLIONS - A DEVIATION OF RM8 MILLIONS OR 6%)
NOW THAT ASB HAS A 2 FOR I ICUL CONVERSION SO THE NEW PROFIT (NET) IS STILL GOOD AT 8.3 SEN
THE SUDDENLY PRICE SURGE IN YEAR 2014 WAS DUE TO 6 SEN PROFIT FROM FRENCH HOTEL SALE
THIS YEAR BY END 2019 THE SHAH ALAM LAND WILL BE SOLD FOR RM124
MILLIONS. IT SHOULD REGISTER A NET PROFIT OF 8.3 SEN BY FEB 2020 (BY
THEN SOME MEDIA OR PAPERS WILL COME OUT TO RERATE ASB)
In 1993 bull run. ASB >RM10...... But that is history!
Iplay,
Wow! ASB was RM10.00 in 1993 KLSE SUPER BULL RUN!
We Are Really Fortunate to Buy ASB Below 20 cts - A Whopping 98% Discount!
Wow! ASB was RM10.00 in 1993 KLSE SUPER BULL RUN!
We Are Really Fortunate to Buy ASB Below 20 cts - A Whopping 98% Discount!
Good Morning Again,
Let's Look At Another Interesting Property By ASB
In The Heart of Kuala Lumpur - The World Number 4 Shopping Destination according to CNN
ASB has an 18 Storey Hotel
Address is no. 69, Jalan Haji Hussein, 50300 Kuala Lumpur
It is Freehold with Land Area of 3,214 sq meter
1 sq meter is 10.7639 sq ft. So 3,214 x 10.7639 = 34,595 sq ft.
Date of Purchase or Last Value was 25/03/2005.
Purchase price was - RM29.077,000
Our Hotel Cum Restaurant in France Bought in Year 2009 for RM15 Mil Was Sold For A Huge Profit of Over RM30 Mil at A Sale Price of RM46.8 Mil
This KL Hotel Should Do Better Because:
1) KL Is In A Property Bull Run
2) Greater KL MRT Will Further Enhance Value
3) The World Famous Lonely Planet Has Included Malaysia as the Top 10 Tourism Nation
4) CNN mentioned Malaysia as World Number 4 Shopping Destination.
After MH370 bad patch is over Chinese Tourists will flock to Malaysia again.
SO WHAT IS THE CURRENT VALUE FOR ASB's 18 STOREY HOTEL IN THE HEART OF KUALA LUMPUR?
Since I am typing this in Singapore I think some one from KL can definitely do a better job
See you - leaving for Booming & Exciting Iskandar now
Regards,
Let's Look At Another Interesting Property By ASB
In The Heart of Kuala Lumpur - The World Number 4 Shopping Destination according to CNN
ASB has an 18 Storey Hotel
Address is no. 69, Jalan Haji Hussein, 50300 Kuala Lumpur
It is Freehold with Land Area of 3,214 sq meter
1 sq meter is 10.7639 sq ft. So 3,214 x 10.7639 = 34,595 sq ft.
Date of Purchase or Last Value was 25/03/2005.
Purchase price was - RM29.077,000
Our Hotel Cum Restaurant in France Bought in Year 2009 for RM15 Mil Was Sold For A Huge Profit of Over RM30 Mil at A Sale Price of RM46.8 Mil
This KL Hotel Should Do Better Because:
1) KL Is In A Property Bull Run
2) Greater KL MRT Will Further Enhance Value
3) The World Famous Lonely Planet Has Included Malaysia as the Top 10 Tourism Nation
4) CNN mentioned Malaysia as World Number 4 Shopping Destination.
After MH370 bad patch is over Chinese Tourists will flock to Malaysia again.
SO WHAT IS THE CURRENT VALUE FOR ASB's 18 STOREY HOTEL IN THE HEART OF KUALA LUMPUR?
Since I am typing this in Singapore I think some one from KL can definitely do a better job
See you - leaving for Booming & Exciting Iskandar now
Regards,
Calvin Tan
Welldone... good clossing 0.185 tomorrow another up day....
asb has one very big
piece of industrial property in tebrau, iskandar region. Book value is
around rm27 psf. lf revalued it will add LOTS OF CASH VALUE TO ASB AND
IF EDGEDAILY, FOCUS MAGAZINE, STAR OR NAN YANG SIANG PAU HIGHLIGHT IT,
ASB SHARE PRICE MIGHT GO BALLISTIC
THE MORE I STUDIED ASB
ASSETS OF IMMENSE VALUE THE MORE I FIND IT SO UNBELIEVABLE. WHY NO
RESEARCH HOUSE RECOMMEND IT, REALLY AMAZING
|
（吉隆坡11日讯）先进协作（ASB，1481，主板贸易服务股）宣布成立联营子公司，以管理朝圣基金局（LTH）在登嘉楼的Holiday Villa酒店。
先进协作昨天在文告中指出，这项联营合约是由独资子公司Antara Holiday Villas私人有限公司（简称AHV），与TH酒店私人有限公司所签署。 此联营公司缴足资本为50万令吉，AHV持股比例为70%，另30%则由TH酒店所持有。 据了解，这家位于登嘉楼的酒店，将在2013年中旬竣工。 另一方面，AHV去年8月宣布以220万令吉，收购吉隆坡市中心一间办公楼，尾数198万令吉已在今日全数缴清，意味着收购计划已完成。 Sources: Nanyang 12 Jan 13 |
|
 AeroJec Tan 136 posts |
（吉隆坡10日讯）先进协作（ASB，1481，主板贸易服务股）接获法国公司Maranatha献议，以3430万9500令吉脱售旗下握有巴黎产业与经营餐厅的子公司股权。
根据文告，Maranatha献议以总额4672万5000令吉，买入ASP、巴黎假日别墅Lafayette酒店（Holiday Villa Lafayette Paris，HVLP）和Legenda De Malaisie公司（LDM）的所有股权。 先进协作通过Alangka-Suka酒店与度假村私人公司（ASHR），持有Alangke-Suka巴黎公司（ASP）的70%股权，后者掌握HVLP所有股权。先进协作也通过ASHR，握有LDM所有股权。 以先进协作所持股权，集团接获的献购价为3430万9500令吉。 ASP是酒店业主，LDM为餐馆业主，而HLVP是负责经营酒店和餐馆。 Sources: Nanyang (财经 天下 2014-02-11 12:04) |
ASB potential take over target?
ASB can be a potential takeover target with ample liquidity from the assets disposal of France properties and a free float shares of 62 percent. Based on 2012 Annual Report major shareholders hold about 38% of the share.
In my previous article of July 28, 2013 posted on Trade Signum I had highlighted that we do not even have to evaluated the fixed assets of ASB because the current assets alone can cover for all their total debts outstandings.
One just have to borrow RM 45-75 million to take majority control of the company. I was very surprised that it took close to a year for investors to take notice what this company is doing for the past few years. Restructuring and Reorganising.
This counter like many said was the darling back then in 1999 when Mr. Quek Leng Chan and companies took a substantial stake in it.http://klse.i3investor.com/servlets/stk/annchsh/1481.jsp" style="text-decoration-line: none; color: rgb(0, 102, 170);" target="_blank">http://klse.i3investor.com/servlets/stk/annchsh/1481.jsp >
If that were the case, shouldn’t they have more knowledge what the shares price is worth now?
Friends or Foes this counter is going to generate more excitements once it break the 22 sen major resistance level with volume support never seen before in the last 2 days.
It is now high time for many analysts to take a second look at this counter that has so many business interests all over the world and in particular their undervalued properties asset.
Just because earnings were not fantastic, this counter is only valued at RM70mio in 2013 Wakey! Wakey! Guys. RE RATE THIS COUNTER.
-------------------------------------------------------------my posting in tradesignum in 2013......
Market capitalisation of ASB as at 26 July 2013 is only RM 75 mio.
Assuming u take a loan of RM 75 mio and buy over all the shares of this company.
Now after you have acquired the company start the assets stripping exercise.
1. Use the Current Assets of RM 286 mio to settle all the liabilities of RM 137 mio.
Now you still have a balance of RM 149 mio and use this to settle your initial loan of RM 75 mio.
2. Now you have a cool RM 74 mio of Current Assets.
3. That's not all. Take a quick look at the FIxed and Long Term Assets ,-
Property, plant and Equip............ RM 156 mio
Long Term Investment.................RM 69 mio
Other Long Term Assets...............RM 11 mio
Other Intangible...........................RM 8 mio
So basically you are taking home over RM 318 mio or 62 sen a share without the goodwill of RM100 mio.
This is a highly illiquid shares so patience is the virtue.
Happy Investing! Invest at your own risk.
by trader8899 28-Jul-2013 9:34 AM reply
ASB can be a potential takeover target with ample liquidity from the assets disposal of France properties and a free float shares of 62 percent. Based on 2012 Annual Report major shareholders hold about 38% of the share.
In my previous article of July 28, 2013 posted on Trade Signum I had highlighted that we do not even have to evaluated the fixed assets of ASB because the current assets alone can cover for all their total debts outstandings.
One just have to borrow RM 45-75 million to take majority control of the company. I was very surprised that it took close to a year for investors to take notice what this company is doing for the past few years. Restructuring and Reorganising.
This counter like many said was the darling back then in 1999 when Mr. Quek Leng Chan and companies took a substantial stake in it.http://klse.i3investor.com/servlets/stk/annchsh/1481.jsp" style="text-decoration-line: none; color: rgb(0, 102, 170);" target="_blank">http://klse.i3investor.com/servlets/stk/annchsh/1481.jsp >
If that were the case, shouldn’t they have more knowledge what the shares price is worth now?
Friends or Foes this counter is going to generate more excitements once it break the 22 sen major resistance level with volume support never seen before in the last 2 days.
It is now high time for many analysts to take a second look at this counter that has so many business interests all over the world and in particular their undervalued properties asset.
Just because earnings were not fantastic, this counter is only valued at RM70mio in 2013 Wakey! Wakey! Guys. RE RATE THIS COUNTER.
-------------------------------------------------------------my posting in tradesignum in 2013......
Market capitalisation of ASB as at 26 July 2013 is only RM 75 mio.
Assuming u take a loan of RM 75 mio and buy over all the shares of this company.
Now after you have acquired the company start the assets stripping exercise.
1. Use the Current Assets of RM 286 mio to settle all the liabilities of RM 137 mio.
Now you still have a balance of RM 149 mio and use this to settle your initial loan of RM 75 mio.
2. Now you have a cool RM 74 mio of Current Assets.
3. That's not all. Take a quick look at the FIxed and Long Term Assets ,-
Property, plant and Equip............ RM 156 mio
Long Term Investment.................RM 69 mio
Other Long Term Assets...............RM 11 mio
Other Intangible...........................RM 8 mio
So basically you are taking home over RM 318 mio or 62 sen a share without the goodwill of RM100 mio.
This is a highly illiquid shares so patience is the virtue.
Happy Investing! Invest at your own risk.
by trader8899 28-Jul-2013 9:34 AM reply
yes. all prices at 18.5
sen were immediately scooped up at the last hour of trading. Today
should be another up day until it peaks at 22 sen resistance level. I
believe major announcement soon because volume was never these big for
the past 2 days. New potential investors on board?
Highest 0.195 drop back now to 0.180..
ASB? What does A. S. B. stand for?
Well, to punters who bought at 14.5 cts - A Sure Bet
But To Long Term Value Investors - A Sure Buy
Well, to punters who bought at 14.5 cts - A Sure Bet
But To Long Term Value Investors - A Sure Buy
healthy profit taking
will test 0.20 soon
Today above RM.20 good support level , should breach RM0.25 next month if volume increased steady
aiyo regret selling on Friday
Lucky managed to buy 200 lots at RM 0.205, hope afternoon continue up
Next Target RM0.25
Now can see
Very strong buying rate at 0.245, good sign... buy in before it shoot up... watch up contra wash...
Trading suspend!
SO THE STORY GOES.
LATE ALREADY & TIRED
OK PLEASE GO TO ASB WEBSITE & SCROLL BACK TO YEAR 2014 & SEE THE REST OF THE COMMENTS
NOTE THIS. THIS IS VERY VERY IMPORTANT
ALWAYS BUY WHEN PRICE IS LOW WHILE MANY ARE HESITATING AND DOUBTFUL & NAYSAYERS ABOUND
IF YOU GET IN WHILE PRICE IS CHEAP AND THERE IS A COMING CATALYST THEN
YOU ARE SAFE. LOSSES WILL BE MINIMAL AND FUTURE GAIN SUBSTANTIAL
IF YOU ONLY GET BULLISH WHEN EVERYBODY ALSO GET BULLISH THEN THERE IS
NO CERTAINTY THAT YOU WILL MAKE A PROFIT OR EVEN SUFFER A LOSS LATER
WHEN MARKET CORRECTS
BEST REGARDS
Calvin Tan Research
Posted on Jun 10th 2019. Singapore
Please buy or sell after doing your utmost due diligence or keep to cash if not sure
PLUS AND THIS IS THE CATALYST FOR ASB
1) YEAR 2020 WILL BE WMY2020 (VISIT MALAYSIA YEAR) ASB WILL DIRECTLY BENEFIT ASK IT HAS 15 HOLIDAY VILLA HOTELS & RESORTS
IT ALSO SELLS TOURISM PACKAGES
2) ASSET SALE WILL BE REPORTED AS NET PROFIT OF 8.3 SEN
SEE
| ADVANCE SYNERGY BERHAD |
| Type | Announcement |
| Subject |
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description |
ADVANCE SYNERGY BERHAD ("ASB" OR "THE COMPANY")
Proposed disposal of all that piece of freehold land held under GRN 177486, Lot 38271, Pekan Baru Hicom, Daerah Petaling, Negeri Selangor together with the buildings as well as fixtures and fittings erected and affixed thereon
|
|
The Board of Directors of ASB (“Board”)
wishes to announce that its indirect wholly-owned subsidiary, AESBI
Power Systems Sdn Bhd (Company No.: 336668-T)(“Vendor”), had on 10 May
2019 entered into a conditional Sale and Purchase Agreement (hereinafter
referred to as “SPA”) with Symphony Warehouse Sdn Bhd (Company No.
1322075-V)(“Purchaser”) for the proposed disposal of all that piece of
freehold land held under GRN 177486, Lot 38271, Pekan Baru Hicom, Daerah
Petaling, Negeri Selangor (the “Land”) together with that the buildings
and structures erected on the Land and fixtures and fittings (excluding
those which are listed by the Vendor and given to the Purchaser prior
to completion of the SPA) erected and affixed thereon (collectively, the
“Property”) for a cash consideration of Ringgit Malaysia One Hundred and Twenty Four Million (RM124,000,000) only (“Purchase Price”), subject to the terms and conditions as stipulated in the SPA (“Proposed Disposal”).
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3) AS HISTORY DOES REPEAT ITSELF. IN YEAR THE SALE OF ASB'S HOTEL IN
FRANCE BROUGHT IN 6 SEN PROFIT AND SHARE PRICE JUMPED FROM 15 SEN TO 26
SEN FOR 73% UPSIDE
SO THIS PROFIT OF 8.3 SEN WILL ALSO SPUR INTEREST. HOW FAR AND HOW HIGH
WILL ASB GO UP IN ITS NEXT UPCYCLE WILL BE DETERMINED BY THE
FUNDAMENTAL AND ALSO THE MOOD OF THE MARKET THEN
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https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/210063.jsp
