Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Able Global Berhad, an investment holding company, manufactures and sells tin cans and dairy products in Malaysia. It operates through Tin Cans Manufacturing; and Food and Beverage (F&B) segments. The Tin Cans Manufacturing segment is involved in the manufacture of various tins, cans, and other containers; and the provision of tinplates printing services. This segment serves customers of various industries, including biscuit, paint and chemical, edible oil, and food processing industries. The F&B segment manufactures and sells milk and other related dairy products comprising of sweetened condensed milk and evaporated milk as well as milk powder; and packs and trades in various dairy products. It also engages in property development activities; and wholesale of dairy products. The company also exports its products primarily to West Africa, South-East Asia Region, Europe, and American Continent. The company was formerly known as Johore Tin Berhad and changed its name to Able Global Berhad in July 2021. The company was founded in 1973 and is based in Skudai, Malaysia.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. Specifically, the stock is 'cheap' on P/E, undervalued o
Target Price
The average target price of 7167.KL is 2.0 and suggests 30% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr
Buy
Sell