AIM (0122) - Stocks With Momentum: Advanced Information Marketing
March 20, 2015 : 11:06 AM MYT
Advanced Information Marketing Bhd (+ve)
THE rarely traded shares of Advanced Information Marketing (AIM) (Fundamental: 1.2/3, Valuation: 0/3) rose 7.7% to 28 sen last Wednesday on razor thin volume of only 1,000 shares. Yesterday, however, volume traded jumped to 2 million shares but its share price fell 3.6% to 27 sen.
AIM is a business process outsourcing (BPO) solution provider of loyalty management services with operations in Malaysia and Indonesia. The company also distributes “HABA” products, a leading Japanese healthcare and beauty products brand.
AIM has a strong balance sheet with net cash of RM25.6 million or 37.8% of its current market capitalisation.
The company has been loss-making from 2011-2013. Despite a 5.3% fall in revenue to RM13.2 million in 2014, AIM returned to the black with a net profit of RM205,000, mainly due to its Indonesian operations.
The stock is trading at a price-to-book of 2.4 times. No dividend was paid since November 2008
This article first appeared in The Edge Financial Daily, on March 20, 2015.
http://www.theedgemarkets.com
March 20, 2015 : 11:06 AM MYT
Advanced Information Marketing Bhd (+ve)
THE rarely traded shares of Advanced Information Marketing (AIM) (Fundamental: 1.2/3, Valuation: 0/3) rose 7.7% to 28 sen last Wednesday on razor thin volume of only 1,000 shares. Yesterday, however, volume traded jumped to 2 million shares but its share price fell 3.6% to 27 sen.
AIM is a business process outsourcing (BPO) solution provider of loyalty management services with operations in Malaysia and Indonesia. The company also distributes “HABA” products, a leading Japanese healthcare and beauty products brand.
AIM has a strong balance sheet with net cash of RM25.6 million or 37.8% of its current market capitalisation.
The company has been loss-making from 2011-2013. Despite a 5.3% fall in revenue to RM13.2 million in 2014, AIM returned to the black with a net profit of RM205,000, mainly due to its Indonesian operations.
The stock is trading at a price-to-book of 2.4 times. No dividend was paid since November 2008
This article first appeared in The Edge Financial Daily, on March 20, 2015.
http://www.theedgemarkets.com
