Highlights
KLSE: ANCOM (4758)       ANCOM BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
1.82   +0.10 (5.81%)  1.70 - 1.82  3,750,600
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Overview

Market Cap: 466 Million
NOSH: 256 Million
Avg Volume (4 weeks):748,577
4 Weeks Range:1.42 - 1.82
4 Weeks Price Volatility (%):
100.00%
52 Weeks Range:0.74 - 1.84
52 Weeks Price Volatility (%):
98.18%
Average Price Target: 0.58
Price Target Upside/Downside: -1.24

Financial Highlight

Latest Quarter | Ann. Date 31-May-2021 [#4]  |  29-Jul-2021
Next QR | Est. Ann. Date: 31-Aug-2021  |  27-Oct-2021
T4Q P/E | EY: 19.47  |  5.14%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 1.3866  |  1.31
T4Q NP Margin | ROE: 2.18%  |  6.74%

Headlines

Date Subject
27-Aug-2021 ANCOM or HEXTAR - Which to buy for 110% gain?
05-Jul-2021 Stocks on Radar - Ancom (4758)
24-May-2021 Stocks on Radar - Ancom (4758)
30-Apr-2021 Mplus Market Pulse - 30 Apr 2021
30-Apr-2021 PublicInvest Research Headlines - 30 Apr 2021
30-Apr-2021 ANCOM(4758)收购案解析
29-Apr-2021 NOW SHOWING: THE TRILOGY OF FAST & FURIOUS SHOW Part 4C: ANCOM/4758 & NYLEX/4944
20-Apr-2021 Stocks on Radar - Ancom (4758)
20-Apr-2021 Trading Stocks - Ancom
20-Mar-2021 ANCOM - can the Sugar High get HIGHER?
25-Feb-2021 ANCOM - THE NEXT SUGAR BABY OF BURSA?
05-Feb-2021 Daily technical highlights – (ANCOM, SPRING)
19-Oct-2020 建厂拓产‧安康探讨新业务

Business Background

Ancom Bhd is an is an investment holding company. The company through its subsidiaries is engaged in the manufacture, trade, and sale of agricultural and industrial chemical products. It also provides out-of-home advertising media services, IT services and sales of computer hardware and software. Ancom derives most of its revenue from Malaysia.
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  4 people like this.
 
JustinLong Total Lockdown UPDATE:

ANCOM's business operations fall under the MITI-approved list of industries, to resume as usual.

Ancom's core businesses of Agrochemicals, Industrial & Petrochemicals are essential industries that are allowed to operate throughout the total-lockdown period. As agrochemicals are part of the supply chain for the plantation industry, the main manufacturing sites of Ancom would continue operating while admin/office staffs are working from home according to sop guidelines.
30/05/2021 9:34 PM
ChongLeeWoon Ancom forming new support at RM1.57 level, sellers been selling non-stop but support is there.

Once selling subsides, will break the RM1.60 psychological barrier!!

Many people realize that Agrochem and Agriculture will forever be in demand and because of FOOD SECURITY.
31/05/2021 10:27 AM
ChongLeeWoon Boom shaka laka babehhhh!!!
04/06/2021 11:24 AM
ChongLeeWoon Opportunity again, nice nice... collect some below 1.60 and wait for good development
21/06/2021 11:30 AM
Rider Hope there's nothing wrong with the company.
22/06/2021 12:05 PM
JustinLong If anyone noticed the buying action this afternoon, you would have noticed big funds are starting to accumulate this stock. A combination of weak market sentiment + retail selling provides opportunity for funds to enter and collect upwards with confirmation of turnaround profitable results.
24/06/2021 8:49 PM
ChongLeeWoon The tide is rising and new uptrend about to start forming...
02/07/2021 3:56 PM
dasan784 JustinLong........any new updates as the shares are dormant.
14/07/2021 8:11 AM
JustinLong Q4 results announcing soon, can the company keep up the momentum and deliver satisfactory numbers?

If management can continue to deliver what they aspire to, how would the share price reflect in the open market? Stay tuned!
15/07/2021 8:58 PM
dasan784 JustinLong thanks for the updates. Can we how soon will the Q4 results be announced? Thanks
26/07/2021 9:48 AM
klkk Notice a director kept disposing lately. What's the implications, something not positive?
27/07/2021 7:16 PM
dasan784 klkk ...... meaning it is time for us to dispose too. Otherwise high possibilities we too might be screwed. Just my opinion. Anyway thanks thanks for the info klkk.
28/07/2021 7:34 AM
JustinLong Chan Thye Seng, the 2nd largest holder via P&O, only disposing warrants and if you noticed, there is a big disposal today by CTS by DBT.

AND... at the same time, Chairman and CEO announce acquisition of the warrants via DBT.

This shows that there is a consolidation of shareholdings to the key management running the company daily, and why would management want to take the warrants? Value emerging to be captured?
28/07/2021 9:32 PM
dasan784 JustinLong.......thanks for latest updates. I think we just have to hold this great gem and we will be rewarded in the near future. Thanks
29/07/2021 9:39 AM
olddman result out very good
29/07/2021 5:33 PM
dasan784 Olddman....... it was not a VERY GOOD result coz only 1/2 million more. Look at way it drops today coz the number of shares disposed is huge. I thought it will be a great gem but there is nothing to indicate that. JustinLong please give your thoughts on the Q report so investors can decide what to do next. Thanks
30/07/2021 5:12 PM
SEE_Research https://klse.i3investor.com/blogs/see_research/2021-07-31-story-h1568880164-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOW_Corporate_Exercise_Part_4_.jsp
31/07/2021 8:17 PM
SEE_Research SUMMARY

SEE RESEARCH

FOR NYLEX :

TARGET PRICES


RM 1.20 short term,

RM 1.50 mid term

=========================================

FOR ANCOM:

TARGET PRICES

RM 2.00 short term,

RM 2.50 mid term
31/07/2021 8:24 PM
SEE_Research BERNAMA .com

News in Brief
29 July 2021



===========================

Nylex ( Malaysia ) Berhad /4944
returned to black
with huge profit of
RM 19.31 millions for the current financial year 2021


against a net loss of RM 23.21 millions in the previous year

=====================================
SEE RESEARCH

FOR NYLEX :

TARGET PRICES


RM 1.20 short term,

RM 1.50 mid term
31/07/2021 8:30 PM
SEE_Research SUMMARY

ANCOM

ANALYSIS ON QUARTER REPORTS
Financial Quarter Announced Profit RM ( in million ) EPS
(i) 29July 2021 7.61 3.19
(i) 28 April 2021 7.08 2.98
(i) 26 Jan 2021 6.19 2.59
(i) 27 Oct 2020 3.06 1.28
=============================================================
23.94 millions 10.04
analysis based on PER 30 x 10.04 = RM 3.00

intrinsic value = RM 3.00

What is a fair P/E for ANCOM?
Local agrochemical Hextar /5151 is given a P/E of 30 by PublicInvest.
What about other listed agrochem companies?

In the world of agrochemical companies that are listed
- Bayer Crop Science [P/E 52]
- Corteva [P/E 49]
- Sumitomo [P/E 59]
- Adama [P/E 59]

Average of P/E 50+ !!
Because they deal with FOOD SECURITY via crop protection, just like ANCOM.

Taking CURRENT FY patami of RM24m at various levels of P/E,
what would the market cap of ANCOM be from current level of RM 371m?
( as at 30 July 2021 )

P/E 25 = RM642m [ 73% upside ]
P/E 30 = RM767m [ 106% upside ]
P/E 35 = RM895m [ 141% upside ]

ANCOM's turnaround story has just begun, so the P/E may be gradually moving up. Plus, management forecast next year's results to be better than the current year's RM24 millions
==================================================


SEE RESEARCH
ANCOM / 4758

TARGET PRICES
RM 2.00 per share- short term
RM 2.50 per share- mid term
31/07/2021 8:45 PM
SEE_Research Ancom Berhad recorded strong fourth quarter and full-year financial results for the period ended May 31, 2021.

Picture courtesy of Ancom Berhad
Ancom Berhad recorded strong fourth quarter and full-year financial results for the period ended May 31, 2021. — Picture courtesy of Ancom Berhad

KUALA LUMPUR, July 30 — Ancom Berhad recorded strong fourth quarter and full-year financial results for the period ended May 31, 2021 amid a highly challenging operating environment.

In a statement, the leading manufacturer and supplier of agricultural and industrial chemicals in South-east Asia said its 4QFY21 revenue increased 44.1 per cent year-on-year to RM445.9 million compared to RM309.4 million in the same period last year.

It said the improvement was primarily driven by the agricultural chemicals segment as higher global demand bolstered the segmental top line by 28.6 per cent to RM79.9 million.


Higher trading volume and average selling prices also boosted the revenue of the industrial chemicals arm by 52.6 per cent y-o-y to RM325.1 million, the group added.

Ancom’s profit after tax and non-controlling interest also jumped to RM7.6 million in 4QFY21 versus a loss of RM11.8 million a year ago.

For the full year, Ancom’s revenue increased marginally by 4.5 per cent y-o-y to RM1.54 billion in FY21.

Meanwhile, the Group reported full-year net profit of RM23.9 million for FY21, which Ancom Berhad Group CEO Lee Cheun Wei noted was its best full-year bottom line since 2008.

“Our agricultural chemicals division has done very well, riding on the uptrend of global demand for food. We anticipate the trend to persist with a continued strong contribution from this segment. As for the industrial chemicals segment, our trading business has performed favourably too, having benefited from higher sales volume and generally higher average selling prices,” he said.

Given the restrictions in operations imposed during MCO/EMCO in the months of June and July, we have been very vigilant to comply with regulations while continuing to serve our clients as an integral part of the food supply chain. We are cognisant of the ongoing challenges such as freight costs and supply chain disruptions due to the pandemic, and we managed to deliver commendable results thus far.”

Lee added that he anticipates the growth trajectory of the Group, particularly the agricultural chemicals division, to remain strong.

“Recently, we have begun our production of new active ingredients at our existing plants and are expecting to add a few more to our portfolio once our new plant is ready by the first half of 2022. We are optimistic and will strive to continue to deliver good and satisfactory results for our shareholders next year,” he concluded.

Related Articles Ancom says Nylex’s board has accepted RM179.3m buyout offer Source: Ancom in bid to fully acquire Nylex Ancom Bhd untung lima kali ganda, meningkat RM9.3 juta

=========================================

ANCOM

ANALYSIS ON QUARTER REPORTS
Financial Quarter Announced Profit RM ( in million ) EPS
(i) 29July 2021 7.61. 3.19
(i) 28 April 2021 7.08. 2.98
(i) 26 Jan 2021 6.19. 2.59
(i) 27 Oct 2020. 3.06. 1.28
=============================================================
23.94 millions 10.04
analysis based on PER 30 x 10.04 = RM 3.00

intrinsic value = RM 3.00

========================================
SEE RESEARCH
ANCOM / 4758

TARGET PRICES
RM 2.00 per share- short term
RM 2.50 per share- mid term
31/07/2021 8:58 PM
dasan784 SEE RESEARCH....... tqvvm for the indepth analysis of ANCOM. However pardon me for asking you what do you mean by short term and mid term targets. Appreciate your kind reply. Tqvvm
01/08/2021 4:02 PM
nowayout This company price has been stagnant for so long…It was bec lack of interests or still retailers haven released these gem…After Nylex agreed the consolidate exercise,both had reported fantastic QR.Among the smallcap it can consider the best performance…Let say once consolidate completed,it could easily hit billion market cap category…
Assuming Ancom gonna hit 60m PAT for new financial year,current price is stil consider very cheap…Not sure anyone realize,lately a lot of company wit this range of earning price shot up double to triple…
As investors,I really think tat current price is relatively cheap…it is worth to buy in Ancom now and expect the potential double to triple rewards for coming future..
02/08/2021 8:02 PM
JustinLong nowayout, sharp point you mentioned.

The consolidated PAT from Agrochem and Industrial Chem could give Ancom group a PAT of RM60m++ coming financial year.

For the just concluded financial year, Agrochem hit PAT of 35m while Nylex is almost 20m. Going forward, corporate costs are reducing and media losses minimized, a PAT of 50m times PE20 would give you 1b market cap, simple math.

Just sooner or later it will shoot up then those without patience will miss the big ride up to RM2.50 above.
03/08/2021 3:35 PM
stevenckheng S5 under this company ?
23/08/2021 3:57 PM
Rider Ancom has remained static for the longest time now. Even after announcing a good set of financial results!
26/08/2021 10:21 AM
JustinLong Some surprises coming in the coming annual report...

https://klse.i3investor.com/blogs/ancom4758/2021-08-27-story-h1570603519-ANCOM_or_HEXTAR_Which_to_buy_for_110_gain.jsp
27/08/2021 11:01 PM
calvintaneng Blog: ANCOM or HEXTAR - Which to buy for 110% gain?

https://klse.i3investor.com/blogs/ancom4758/2021-08-27-story-h1570603519-ANCOM_or_HEXTAR_Which_to_buy_for_110_gain.jsp

See this

JustinLong

My reading of the current price trend of Nylex is that those who bought on rumours sold on news, maybe due to the Minority Interests (MI) not getting the full RM1 in cash.

This is very absurd and it seems to be a great value buy right now.

Nylex MI will get the RM1 in the form of:
1) 39sen/share cash distribution
2) 9sen/share cash remaining in the listed co
3) 52sen/share of Ancom share
**Ancom issued at RM1.50 so approximately 3 Nylex shares get 1 Ancom share

Cash alone (distributed + retained) is already 48sens.
The closing price today of 86 sens means you are only paying 38sen for one third of Ancom
= (38sen x 3) = RM1.14 per Ancom share. You do the math here.

Of course there may be a discount at this moment as the deal is still not voted by Nylex MI yet but the price should eventually converge to RM1 in the coming months.

No reason for MI not voting for it as without the deal Nylex would most likely be "stuck" without this value unlocking exercise.

Will continue to accumulate this stock as well as Ancom for the coming few months to vote for the deal.
03/05/2021 9:36 PM

jwinter3 JustinLong... Great clarity indeed. Time for accumulation.
12/05/2021 9:21 AM

JustinLong Market giving Nylex shares a discount to the RM1 value now due to the board yet to announce acceptance of the offer. Once it is announced sometime estimated in June, then discount should narrow and share price should gradually rise to RM1 nearing the EGM.

Ancom just dipped below RM1.50 now which is a no-brainer buy as their Q4 should be better than Q3 + the ongoing inflation theme on commodities. MCO3.0 really caused panic selling across the board.

Perfect time to add position.
19/05/2021 10:34 PM


CALVIN ADDITIONAL COMMENTS:


NYLEX EARNS MORE AND GOT HIGHER NAV THAN ANCOM


THE MATHS SHOW THAT THE BEST PROXY BUY TO ANCOM IS NYLEX

BY BUYING NYLEX AT 82 SEN THERE IS A LOCK IN DISCOUNT TO ANCOM BY 10% TO 15% LOWER ENTRY PRICE

If Ancom could rise above Rm2.00 to Rm3.00 as forecasted then buying Nylex at such discounted price is a no brainer
28/08/2021 7:41 AM
JustinLong Calvin, buy whichever counter that makes you happy :)
28/08/2021 2:31 PM
Zrenxy Hextar is better than ancom...Hextar TP rm2.00 in future
28/08/2021 5:38 PM
JustinLong Warming up.
03/09/2021 4:11 PM
Godblessyou Finally moving after consolidating so long...
03/09/2021 5:19 PM
ZoeZoe I believe the consolidation is finalized!
volume is building for ANCOM!
07/09/2021 4:20 PM
JustinLong Coming year will see improving results which can easily justify a modest RM800m valuation, double from current level.

If all goes better than expected, RM1b in sight.

RM3 here we come.
14/09/2021 3:32 PM
JustinLong RM2 in 2 weeks or probly sooner than that :)
15/09/2021 12:39 PM
Khailikebibi what's good about the WarrantB compare to mother share?
15/09/2021 12:58 PM
calvintaneng ANCOM(4758) NOW UP MORE THAN 100% FROM 72.5 SEN TO RM1.69 (ANOTHER CHUN CHUN CALL OF CALVIN TAN RESEARCH) THIS PROVES LONG TERM INVESTING WORKS!

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-09-15-story-h1571554882-ANCOM_4758_NOW_UP_MORE_THAN_100_FROM_72_5_SEN_TO_RM1_69_ANOTHER_CHUN_CH.jsp

To all dear Friends at Ancom

Buy call was 72.5 sen

Now Rm1.69

Up 133%

Plus

Free Ancom warrant B

Free Ancom Lb shares


Missed Ancom?

Still got Nylex the laggard worth considering

Or else don't miss Palm OIl Stocks now!

TSH target price Rm2.00 to Rm2.50

TAANN target price Rm6.00

SOP (Sarawak Oil Palm target price Rm8.00

JUST BUY AND HOLD FOR ONE SHORT YEAR AND "SEE"

Regards
Calvin
15/09/2021 1:51 PM
klkk Thank you soooooo so much JustinLong. I heed your advice and waited patiently. So exciting to see Ancom coming up.
15/09/2021 1:53 PM
JustinLong This is only the beginning.

Sit tight and enjoy the show.
15/09/2021 5:11 PM
Bgt 9963 Up trend coming....
15/09/2021 5:36 PM
ipohwhitecoffee What is brewing in Ancom?
16/09/2021 11:49 AM
Investing_Bursa Reverse listing of S5 via ancomlb coming
16/09/2021 4:38 PM
Investing_Bursa Took a long time but coming
16/09/2021 4:38 PM
ChongLeeWoon First hurdle to cross RM2 then all the way RM3.

Huat arrr
16/09/2021 10:52 PM
calvintaneng Wait for Ancom lb Rto with S5 then only will go higher

For the bargains they are found in Palm oil Stocks

Just like Ancom was 72.5 sen when unloved & unwanted & Calvin friends loaded up Ancom Chun Chun NOW DON'T MISS THESE SUPER FUTURE DYNAMIC BULL

1) TSH
2) TAANN
3) SOP

ALL ARE POTENTIAL 300% to 500% GAINERS!!!
16/09/2021 10:57 PM
Investing_Bursa Ancom Red hot today . Ancomlb to follow?
17/09/2021 4:07 PM
Investing_Bursa Close high !
17/09/2021 5:09 PM
MYthenightmare Next week goreng down trap small fish kao kao, typical Malaysia manipulated ugly stock.
17/09/2021 5:33 PM
JustinLong Typical malaysian retailer: strong buying = goreng / trap / syndicate

Suggest you to wait for annual report next month, maybe you would retrace your comment hehe

Sour grapes comments are the most fun to watch :)
17/09/2021 9:33 PM
Zrenxy Now all in hextar global, next week will fly
17/09/2021 10:45 PM


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