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7129 ASIAFLE

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  • 1.400
  • -0.100-6.67%
15min DelayMarket Closed Apr 30 15:28 CST
265.10MMarket Cap15.73P/E (TTM)

ASIAFLE Stock Forum

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    $ASIAFLE (7129.MY)$
    Asia File Corporation Bhd is poised for a rebound in share price having closed at RM1.80 on Nov 28.
    After posting a 65% surge in net earnings to RM52.1 million in FY Mar 2024, its bottom line declined 36% to RM10.3 million in 1QFY25. According to consensus estimates, Asiafile is expected to report a net profit of RM41.2 million in FY25 and RM43 million in FY26. This translates to prospective PERs of 8.3x and 7.9x, respectively.
    ...
    Will Asia File see a turnaround to trend higher?
    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...
    Ever since coming across an article suggesting that the packaging sector would benefit from the growth of online retailing, I have been hunting for packing companies. My search went beyond Bursa and included US.
    Why the US? In 2023, the total return (dividend + capital gain) for the Bursa KLCI was about 3%. The S&P 500 achieved 26%. Even accounting for forex losses, you can see why the US is better. But this does not mean buying blindly. You still need to do fundament...
    Avery Dennison vs Asia File
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