ABLEGRP
Ablegroup Berhad
Company Background
Quarterly rpt on consolidated results for the financial period ended 31/03/2024
General Meetings: Outcome of Meeting
CIRCULAR TO SHAREHOLDERS IN RELATION TO PROPOSED RENEWAL OF EXISTING SHAREHOLDERS MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
Annual Report & CG Report - 2023
General Meetings: Notice of Meeting
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RECURRENT RELATED PARTY TRANSACTIONSABLEGROUP BERHAD
PROPOSED RENEWAL OF EXISTING SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED RENEWAL OF RRPT MANDATE")
Change in Remuneration Committee - MISS CHONG WEI KOON
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONSABLEGROUP BERHAD
TENANCY AGREEMENT
Quarterly rpt on consolidated results for the financial period ended 31/12/2023
Changes in Director's Interest (Section 219 of CA 2016) - MADAM CHONG WEI KOON
@portoftheyear
PORTFOLIO OF THE YEAR 2024
$SMETRIC / 0203 (SECUREMETRIC BERHAD) 20%
$PBA / 5041 (PBA HOLDINGS BHD) 20%
$CRESNDO / 6718 (CRESCENDO CORPORATION BERHAD) 20%
$KLSE-DXN 20%
$ABLEGRP / 7086 (ABLEGROUP BERHAD) 20%
$ABLEGRP / 7086 (ABLEGROUP BERHAD)
Research by TA Securities
Buy – Target Price RM1.55
“Business Mostly Intact”
We came away from ABLEGLOB’s post results analyst briefing feeling neutral with the following key takeaways: i) Dairy segment’s margins are expected to sustain amid resilient consumption ii) Demand for filled milk products is escalating iii) Export approval for full cream dairy products still in the pipeline. No change to our earnings forecast. Maintain Buy with an unchanged target price of RM1.55/share.
Analyst:
Raymond Ng Ing Yeow
raymondng@ta.com.my
Quarterly rpt on consolidated results for the financial period ended 30/09/2023
$ABLEGRP / 7086 (ABLEGROUP BERHAD)
Research by TA
Hold – Target Price RM1.50
“Softer 1HFY23, Long Term Outlook Intact”
Following the earnings cut, we downgrade ABLEGLOB to Hold and lower our TP to RM1.50/share (previously RM1.55/share) based on SOP valuation method.
Analyst:
Raymond Ng Ing Yeow
raymondng@ta.com.my
Quarterly rpt on consolidated results for the financial period ended 30/06/2023
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONSABLEGROUP BERHAD ("COMPANY")
DISPOSAL OF PROPERTY
Changes in Director's Interest (Section 219 of CA 2016) - MADAM CHONG WEI KOON
Changes in Director's Interest (Section 219 of CA 2016) - MADAM CHONG WEI KOON
Change in Audit Committee - MR LOI HENG SEWN
Change in Audit Committee - MR CHEONG MARN SENG
Change in Remuneration Committee - MR CHEONG MARN SENG
Change in Nomination Committee - MR CHEONG MARN SENG
Change in Boardroom - MR CHEONG MARN SENG
Change in Boardroom - MADAM CHONG WEI KOON
Quarterly rpt on consolidated results for the financial period ended 31/03/2023
General Meetings: Outcome of Meeting
CIRCULAR TO SHAREHOLDERS IN RELATION TO PROPOSED RENEWAL OF EXISTING SHAREHOLDERS MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
Annual Report & CG Report - 2022
General Meetings: Notice of Meeting
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RECURRENT RELATED PARTY TRANSACTIONSABLEGROUP BERHAD
PROPOSED RENEWAL OF EXISTING SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED RENEWAL OF RRPT MANDATE")