Hi guys,

Another Company that will benefit Covid 19 & low oil prices is Ancom

As we have already highlighted about Nylex See https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-05-27-story-h1507865501-DON_T_MISS_THE_VERY_INTERESTING_STORY_OF_NYLEX_AS_IT_UNFOLD_IN_YEARS_20.jsp

We want to show Ancom is also a hiddem Gem of Value

Ancom owns 48.95% of Nylex. So if Nylex does well Ancom will also follow in tandem

And Ancom uses Ethanol from Fermpro by Nylex to convert it into Sanitizer

Many companies are now planning or just starting PPE & sanitizer products

ANCOM THRU ENTOPEST IS ALREADY DOING SANITISING WORKS

ENTOPEST IS THE SMALLEST VERSION OF RENTOKIL

SEE ANCOM PRODUCTS

20 LITRES FOR INDUSTRIAL USE. 5 LITRES FOR RETAIL & SPRAY FOR FAMILIES (SO ANCOM ALREADY ESTABLISHED ITSELF AS A STRONG SANITIZER PLAYER WITH BACKING FROM ETHANOL SUPPLIED BY NYLEX PLUS ANCOM IS SO UNDERVALUE INSIDERS HAVE BEEN BUYING AND BUYING

DATO' SIEW KA WEI	29-Apr-2020	Acquired	10,000	0.690
DATO' SIEW KA WEI	24-Apr-2020	Acquired	15,000	0.684
DATO' SIEW KA WEI	24-Mar-2020	Acquired	2,500	0.496
DATO' SIEW KA WEI	19-Mar-2020	Acquired	5,000	0.419
MR SIEW KA KHEONG	19-Mar-2020	Acquired	5,000	0.419
DATO' SIEW KA WEI	18-Mar-2020	Acquired	72,300	0.440
MR SIEW KA KHEONG	18-Mar-2020	Acquired	72,300	0.440
DATO' SIEW KA WEI	17-Mar-2020	Acquired	5,000	0.444
DATO' SIEW KA WEI	13-Mar-2020	Acquired	32,000	0.504
DATO' SIEW KA WEI	11-Mar-2020	Acquired	10,700	0.594
DATO' SIEW KA WEI	10-Mar-2020	Acquired	19,500	0.578
DATO' SIEW KA WEI	06-Mar-2020	Acquired	10,000	0.670
DATO' SIEW KA WEI	05-Mar-2020	Acquired	5,000	0.684
DATO' SIEW KA WEI	04-Mar-2020	Acquired	5,000	0.674
DATO' SIEW KA WEI	02-Mar-2020	Acquired	10,000	0.655
DATO' SIEW KA WEI	27-Feb-2020	Acquired	5,000	0.714
DATO' SIEW KA WEI	26-Feb-2020	Acquired	20,900	0.727
DATO' SIEW KA WEI	25-Feb-2020	Acquired	20,000	0.691
DATO' SIEW KA WEI	24-Feb-2020	Acquired	48,100	0.700
DATO' SIEW KA WEI	21-Feb-2020	Acquired	19,100	0.738
DATO' SIEW KA WEI	19-Feb-2020	Acquired	30,100	0.719
DATO' SIEW KA WEI	12-Feb-2020	Acquired	49,000	0.641
DATO' SIEW KA WEI	11-Feb-2020	Acquired	10,000	0.645
DATO' SIEW KA WEI	07-Feb-2020	Acquired	5,000	0.659
DATO' SIEW KA WEI	06-Feb-2020	Acquired	12,500	0.652

DIRECTORS HAVE BOUGHT ANCOM AS HIGH AS 73.8 SEN. HIGHER THAN ANCOM CLOSING PRICE TODAY AT 72.5 SEN ANCOM HAS PROPOSED PP FOR 4 ANCOM SHARES WITH ONE FREE WARRANT FOR FURTHER EXPANSION. THIS WAS WHAT NAIM DID WHEN IT GAVE OUT RI TO RAISE CAPITAL AT 45 SEN TO EXPAND ITS BUSINESS. NAIM LATER ROSE TO OVER RM1.30. ANCOM SEEING GREAT PROSPECTS ARE RAISING CAPITAL FOR EXPANSION WHICH IS GOOD

Calvin further comments:

Dated 15th Sept 2021

Now that Ancom has gone up to Rm1.69 the best proxy buy & cheaper entry to Ancom is Nylex

Ancom has proposed to take over Nylex Assets at 92 sen with Part Cash & Part Ancom shares fixed at Rm1.50

Since Ancom share was fixed at Rm1.50 buying Nylex for Ancom is really a no brainer

The real value of Nylex after capital exercise should be Rm1.05 to Rm1.10 depending on how high or low Ancom performs

See