Highlights
KLSE: NYLEX (4944)       NYLEX MALAYSIA BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.85   +0.01 (1.19%)  0.845 - 0.865  919,300
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  5 people like this.
 
lim1818 https://simplywall.st/stocks/my/materials/klse-nylex/nylex-malaysia-berhad-shares
04/04/2021 10:03 PM
PennyStock123 Go Nylex....its your turn to fly
22/04/2021 10:17 AM
22/04/2021 1:54 PM
calvintaneng Congratulations to all who bought Nylex at 57 sen and holding patiently

Well done

With Ethanol now over Rm2.10 Nylex should do well
27/04/2021 3:38 PM
calvintaneng Always buy a value stock when price is cheap and unloved unwanted and then hold tight till value emerge

This is the law of successful value investing as opposed to chasing hot air balloon stocks at peak
27/04/2021 3:41 PM
skyz Nylex temporarily suspended? Couldnt find any announcement
28/04/2021 8:26 AM
Bgt 9963 Good morning...!
28/04/2021 8:54 AM
PennyStock123 https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3152312
28/04/2021 9:28 AM
kennyng https://www.theedgemarkets.com/article/ancom-offers-purchase-nylexs-assets-and-liabilities-%E2%80%94-source
28/04/2021 3:46 PM
lextcs limit up a few times
28/04/2021 5:00 PM
caonima already up many before qr, time to sell on qr...
28/04/2021 5:57 PM
Solidrock Purchase price of RM179 m means RM0. 92 per share which is much lowet than NTA of Nylex
28/04/2021 5:58 PM
cgtan2020 exclude treasury shares, so is at RM1.00 per share
28/04/2021 7:36 PM
puvan5 When NTA is over 1.70 and was Nylex assets revalued. If not revalued it may worth higher. When Ethanol price is hitting new high everyday. Why is the offer so low. Does minority shareholders like us got any option. Maybe we have to report minority watchdog to investigate as i think we could be short changed by the major share holders.
28/04/2021 8:49 PM
puvan5 Are we getting Ancom shares. Need to study further. For me I prefer to keep Nylex to see how it grows over time.
28/04/2021 9:22 PM
Bgt 9963 Good luck...!
28/04/2021 9:40 PM
29/04/2021 11:41 AM
SEE_Research https://klse.i3investor.com/blogs/see_research/2021-04-29-story-h1564201061-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOW_Part_4C_ANCOM_4758_NYLEX_4.jsp
29/04/2021 10:27 PM
Solidrock Market not making sence, Nylex worth at least RM1 plus the listing status
30/04/2021 9:16 AM
masterus Force selling?
30/04/2021 9:21 AM
Solidrock I think it is golden opportunity to buy
30/04/2021 9:46 AM
cbkia4896 Ini apa macam..... Need to be at least 92 sen Kan?
30/04/2021 10:01 AM
skyz cbkia, should be slightly more than 92 sens if you exclude the treasury shares.
30/04/2021 10:22 AM
Solidrock We Nylex minority shareholder will receive RM 0.40 cash plus abount RM0. 52 worth of Ancom share after the exercise and we are still keeping our Nylex share, so hold tight
30/04/2021 10:40 AM
cbkia4896 gg i got spooked out already, bye guys its been a fun 6 months in this counter, thanks to everyone for convincing me to hold while i just started on this one, peace out
30/04/2021 11:35 AM
skyz the sudden plunge this morning from the top is most likely orchestrated... but since its just "transferring" of assets and liabilities instead of exercising like delisting/takeover, I doubt there would be much impact on the share price. Thoughts anyone?
30/04/2021 11:58 AM
Arnold76 Marvelous results....
01/05/2021 12:15 PM
ahbah At Nylex's EGM, reject Ancom's offer ?
01/05/2021 9:48 PM
Arnold76 Better reject, offer not good enough.
01/05/2021 10:49 PM
ahbah Sokong, kick out the offer !
02/05/2021 7:30 PM
yip_net Yes, reject the offer.
Nta nylex is 1.67.
03/05/2021 12:19 AM
Solidrock Me 100% support the proposal, per share will get capital repayment of RM0. 392 cash plus Ancom share of RM0. 52(@discounted price of RM1. 50)and I am still having my Nylex share
03/05/2021 10:51 AM
skyz we are just minority shareholders. dont think we have much weightage in the accepting/rejecting the proposal
03/05/2021 4:36 PM
Solidrock Price pressed down, I think is because the majority shareholder want us to happily accept the proposal in view of the current price is much lower than what they offerred.
03/05/2021 5:10 PM
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
jwinter3 Ancom
21/05/2021 1:53 AM
ChongLeeWoon Wonderful disposal by the Ancom Group
-Disposal of tank farm asset in Vietnam for USD6.25m
tAfter 5-consecutive years of losses, this Viet subsi is disposing its assets for a GAIN of USD5m (RM20m+). This marks a new strategy of being asset-light and more agile in terms of cost control for a distribution company.

Assuming full-year FY21 results of PAT RM23m,
this gain of RM10m (consol 50% of RM20m) means:
!!! HALF the current year's profit
!!! IN THE POCKET for next financial year!!

Well done to ANCOM for its ongoing restructuring efforts to drive up profits and shareholders returns.
25/05/2021 9:22 AM
PennyStock123 Engine Started!!
04/06/2021 2:39 PM
ChongLeeWoon Offer RM1 from parent Ancom, need to pass board, pass EGM then pass Bursa... year end only realize the RM1 value.

For now the discount from RM1 represents the discount for waiting until year end. Lucky I bought 81.5sen then ciao at 90sen, switch to mothership Ancom!
04/06/2021 3:21 PM
volks2 What to wait?
23/06/2021 10:10 PM
michaelwong https://www.theedgemarkets.com/article/nylexs-board-accepts-rm1793m-acquisition-offer-ancom?type=malaysia
29/06/2021 2:24 PM
BlackWhite No up from this news
30/06/2021 9:58 AM
ChongLeeWoon Slowly step by step up as it approach EGM...
30/06/2021 2:37 PM
thesteward Must watch close next week hope can break new high lo
02/07/2021 5:17 PM
BlackWhite Nothing empty
16/07/2021 10:00 AM
Solidrock Fantastic qr from Nylex!
29/07/2021 5:37 PM
lim1818 will not rally much due to the take over exercise by ancom
29/07/2021 9:19 PM
calvintaneng Nylex with 6.36 sen profit this quarter result shows it is turning around

All 3 increased : revenue, profit and Nav also up

1. Strong polymer sale

2. Ethanol production increased from 5 million litre to 10 million litres

3. Hidden value assets now selling at huge premium prices like the one in Indochina garnering Rm20 millions in profits

4. At 84 sen Nylex is selling at more than 50% discount to Nta of Rm1.74

But Nylex needs the synergy of Ancom to go much higher
30/07/2021 7:34 AM


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