Friday, January 22, 2016

APB (5568) - Shining Star awaiting to Shine




APB Resources Berhad and its Subsidiaries (APB Group) are involved in the fabrication of specialized design engineering equipment for petrochemical process industry, chemical industry, oil palm processing industry, paper mill industry and power generation industry, and the provision of non-destructive testing services.
APB Resources Berhad is listed on the Main Market of the Bursa Malaysia Securities Berhad.




In the past few quarter, the company posted a very good performance profit and the earning is increasing in the past 3 quarter, and the recent earning up to 8.21 cent EPS, NTA of the company also raise to Rm1.71 per share.



From the balance sheet stated above, the company had 0 short term loans and is net cash position of Rm39.95mil which is around 35 cent per share.

In the latest quarter, posted on November 2015, the company net cash had increase to Rm58.897 mil which is equivalent to 52 cent per share! Nearly increase 49% compare to net cash a year ago!!



In year 2014, HLIB cover APB resources before, which stated 90% revenue is from export! Recently the strengthening of USD, has benefited a lot export  companies and the share price for those related company also up a lot, some even up more than 100% in the past few month ago. At 2014, HLIB had given a fair value for the company of Rm2.07 per shares, and recently the earning had increased, but the share price is still sleeping.


Dividend record,


In the past few years, the company dividend payout is 6.5cents per shares, which normally announce on March 3cents and June 3.5cents. Which around 5.5% yield based on current price of Rm1.18.


Chart,

From the chart above, we can see that, huge volume was collected around Rm1.40 per share in November 2015 period and the share price started fall down slowly will small volume, and yesterday closing price was at Rm1.18 which is around 15% lower from the huge volume price.


Summary,

APB is one of the high export company, USD strengthen will continue benefited to the company. With the current div yield of 5.5% and the net cash of the company keep on increasing, i believe the company will shine soon.

In the past 4 quarter, total earning of 16.58cents, which around PE 7.117, the share price is trading very cheap and very low risk to collect compare to huge volume which collected at Rm1.40 or higher.


My Target Price : Rm1.66 (PE :10) (Potential upside 40%)
HLIB Target Price : Rm2.07 ( on 2014)

Thank you.


Happy Trading !

Regards,
Nick Loke


2 comments:

  1. Dalam kesempatan kali ini ,, saya hanya ingin berbagi kebahagian ,, dan mengucapkan banyak terimah kasih kepada Nyai Ronggeng ,atas segala kerendahan hati beliau iklhas membantu kepentingan pribadi saya untuk mendapatkan pinjaman dana gaib sebesar 1 milyar sungguh awalnya saya tidak percaya dengan semua itu , tentang adanya pesugihan uang gaib yang bisa datang begitu saja dengan jumlah begitu banyak , tetapi dengan penuh keyakinan dan kepercayaan dengan syarat yang beliau sampaikan kepada saya syarat untuk mendapatkan uang gaib secara instan saya mengikuti syaran beliua dan menyerahkan sepunuhnya kepada Nyai Ronggeng sungguh sangat sangat luar biasa kemampuan beliau , dengan hanya mengirimkan identitas lengkap saya , nama , alamat , pekerjaan , no . rekening pribadi beserta mahar 1 jt 750 ribu rupiah , saya bisa terbantu dengan cepat mendapatkan pinjaman dana gaib 1 milyar Langsung cair tunai di bank Bni di Kota Bandung setelah beliau mengirim uang tersebut langsung di no rekening pribadi
    Saya ,,dengan bantuan beliau sekarang saya bisa membuka sebuah usaha 2 toko buku 2 Sekaligus dan bisa mebeli rumah pribadi dan membayar hutang keluarga sebesar 300 juta dari pinjaman dari rentenir ,
    saya sangat mengucapkan banyak terima kasih atas bantuan Nyai Ronggeng melaui no telpone Pribadi beliau 0852 8634 4499 saya mengucapkan banyak - banyak terima kasih... wasssalam atau anda klik http://pesugihan-uang-balik-asli.blogspot.com/

    ReplyDelete
    Replies
    1. ☑️DO YOU WANT TO RECOVER YOUR LOST FUNDS ON CAPITAL INVESTMENTS, BITCOIN INVESTMENTS, AND OTHER SCAM TRADING INVESTMENTS ??? TAKE YOUR TIME TO READ🔘

      ☑️ The COMPOSITE CYBER SECURITY SPECIALISTS have received numerous complaints of fraud associated with websites that offers opportunities for Capital Investments, bitcoin investments and Trading on an Internet-based trading platforms.  Most Of The complaints falls into these Two categories:
      1. 🔘Refusal to credit customers accounts or reimburse funds to customers:
      These complaints typically involve customers who have deposited money into their trading or investment account and who are then encouraged by “brokers” over the telephone to deposit additional funds into the customer account.  When customers later attempt to withdraw their original deposit or the return they have been promised, the trading platforms allegedly cancels customers’ withdrawal requests, refuse to credit their accounts, or ignore their telephone calls and emails.

      2. 🔘Manipulation of software to generate losing trades:
      These complaints allege that the Internet-based Investment and trading platforms manipulate the trading software to distort the Trading prices and payouts in order to ensure that the trade results in a Loss.  For example, when a customer’s trade is “winning,” the countdown to expiration is extended arbitrarily until the trade becomes a loss.

      ☑️ Most people have lost their hard earned money through Scam Investments And Trading, yet they would go and meet fake recovery Experts unknowingly to help them recover their money and they would end up losing more money in the process. This Is Basically why we (COMPOSITE CYBER SECURITY SPECIALISTS) have come to y’all victim’s rescue. The clue is most of these Brokers have weak Database security, and their vulnerabilities can be exploited easily with the Help of our Special HackTools, Root HackTools And Technical Hacking Strategies because they wouldn’t wanna spend money in the sponsorship of Bug bounty Programs which would have helped protect their Database from Unauthorized access to their Database, So all our specialists do is to hack into the Broker’s Database via SQL Hook injections & DNS Spoofing, Decrypt your Transaction Details, Trace the Routes of your Deposited Funds, Then some Technical Hacking Algorithms & Execution Which we cant explain here would follow then you have your money recovered. 💰 ✔️

      ☑️All our Specialists are well experienced in their various niches with Great Skills, Technical Hacking Strategies And Positive Online Reputations And Recommendations🔘
      They hail from a proven track record and have cracked even the toughest of barriers to intrude and capture all relevant data needed by our Clients.
      We have Digital Forensic Specialists, Certified Ethical Hackers, Software Engineers, Cyber Security Experts, Private investigators and more. Our Goal is to make your digital life secure, safe and hassle free by Linking you Up With these great Professionals such as JACK CABLE, ARNE SWINNEN, SEAN MELIA, DAWID CZAGAN, BEN SADEGHIPOUR And More. These Professionals are Well Reserved Professionals who are always ready to Handle your job with great energy and swift response so that your problems can be solved very quickly.
      All You Need to Do is to send us a mail and we’ll Assign any of these specialists to Handle your Job immediately.

      ☑️ Below Is A Full List Of Our Services:
      * FUNDS RECOVERY ON INVESTMENT AND TRADING.
      * WEBSITE HACKING
      * CREDIT REPAIR.
      * PHONE HACKING (giving you Unnoticeable access to everything Happening on the Target’s Phone)
      * CLEARING OF CRIMINAL RECORDS
      * SOCIAL MEDIA ACCOUNTS HACKING


      ☑️ CONTACT:
      ••• Email:
      composite.cybersecurity@protonmail.com

      🔘2020 © composite cybersecurity specialists
      🔘Want faster service? Contact us!
      🔘All Rights Reserved ®️.

      Delete