normal volume jer, just keep on buying

its goreng time again, who is buying now?

washing out the small fish... time to reenter ...

If compare PN with PH. Most of the people having knowledge will go for PH. No said more educated, but most of is working in cooperate field which is more convincing if compare with PN. Ngor Kor Ming at Perak is famous to solving small case to people at perak at well known. therefore his support is getting higher and higher yoy. Conclusion I think big shark will collaborate with him and come out something big soon.

Good in dividend but growth ? Hopefully can make it both <3

Above 1 still looks good...

The latest project seems good

can buy some after RI

Not fintec group. Whistlebower share because this company RI. To aware newbie.

Nice, going up again.

Janji tak mati, by value and project, still got hope.

Engine not heated enough.

Anyhow good company. good to wait

Price below 060 will more convincing.

Forming uptrend.

Risk sometime is where you see return

Will remain darkness and shine bright like a diamond

lol

but still a value company, good to chip in

Bad result + good company = ready to buy

Big spike today !

Value stock , sleeping lion will turn to dragoon

Afterward up around 25%, is depends on catching the risk or the chance only.

Anyhow today share price macam ok. Hopefully share price fo steady soon

Kon fomula, lol.... I think if you really want go xox la. Not here.

Ages is just slightly low profile doesn't means that is bad profile.

silence before awaking

@masterwahsing always got chance to push up, now the operator already successfully push the price to 0.12, we can expect some small hiccups anysoon

Anyhow I am looking good on FAST, which they are really doing thing. Onside, Just like some investor, prefer not with kanger.

@AlfI3
Not fintec but kanger, Goreng kaki.

065 is keep on testing, good to enter or avg if possible.

Guess Ageson will having strong come back soon

https://www.theedgemarkets.com/article/construction-group-ageson-sell-portion-industrial-land-perak-rm279m

It seem that can challenge 0.10

Ini kalilah !

Kanger make a correct path on the investment on Genting. Additionally with the reccent kayamas news, The wind sure blow very strong on coming quarter.

https://www.theedgemarkets.com/article/bursa-malaysia-higher-noon-amidst-optimism-economic-recovery

Gogogo, push back again

today challegen 25 cents?

lol, i disagree about this, same goes to harta and topglove. No value ?
There are something that affected the share price during this period. Market currently is on downtrend side and on the positive way, good timing to catching up the fallen knifes.

Market sentiment is bad, good timing for average down and collect some goreng stock, is a discount period

https://www.klsescreener.com/v2/news/view/883589

Bio Goreng soon ?

well. said, maybe " not undervalued enough", Drop more buy more. kah kah kaha.....

Fair and honest la. Today all counter having bad start. Is market sentiment drop.

my honest speaking is the share price is getting attractive at current stage

https://klse.i3investor.com/blogs/valuefinder2021/2021-08-25-story-h1570543815-AGESON_BERHAD_7145_COMPANY_UPDATES.jsp


AGESON BERHAD (7145) – COMPANY UPDATES

For those who follow AGESON BERHAD (7145) closely, more than likely you are satisfied of the latest quarterly results by the company. But to be fair, I would say the company’s performance is in line with other construction player in the market. Allow me to first talk about AGES’s financial performance.

AGES had a significant growth in this quarter due to higher billing recognized from trading of construction materials. However, the normal construction activities were still hindered by the Movement Control Order and rendered the group to stop operations for a month. Do note that generally, trading only enjoys a 3% to 5% profit margin, hence the higher amount of revenue but lower net profit.

Notably, the company had a reversal of operating expenses in the preceding year corresponding quarter of RM7.34 million, as well as other operating income of RM1.08 million. Excluding the one-off items from the comparable figure, we would arrive at a RM9.99 million in net profit.

Hence, instead of a year-on-year decline in net profit of 52.22%, we would only see a 20.89% decline.

If we were to benchmark some of the companies that announced their results, such as IJM, TJSETIA, WCEHB, GDB and so forth, their results were also impacted by the Movement Control Order. Some of them had a high year-on-year growth, for example like IJM, it was mostly caused by the low base effect they had in the preceding year.

So not so say AGES had super great results, but it was inline with the whole industry’s performance.

It is also understandable that investors are concerned about the company’s operating cash flow. What we must take in account is the construction and property development segment rely on progressive billing. The more progressive a construction site had, the higher their claims and thus higher revenue and profit.

In this quarter alone, majority of the revenue was contributed by trading of construction materials and since construction activities were halted, their cashflow were impacted as well.

Besides, there are 132,716,667 ICPS converted into common shares and raised up to RM50.15 million in cash for the company. Therefore, the cash to debt level of the company is still on a manageable scale.

Last but not least, one should also give credit to AGES for delivering quarter-on-quarter growth. On a comparative note, the company achieved 32.63% due to prudent costs management as well as management shifting into trading of construction materials.

All in all, this might not be the best financial performance of AGES, but it was still satisfactory for investors. I was hoping for the company to give dividend, but perhaps prudent cash management will be a better choice.

Currently, AGES is only trading at 3.86 times PER. Which is much cheaper especially compared apple to apple with loss-making construction firms. I will not comment or buy or sell decisions but ultimately, AGES is relatively cheap to peer and deserves a much better valuation.

Not cheat I think, just different ppl sharing dirrent opinion

-A+A
KUALA LUMPUR (July 27): Ageson Bhd said it has entered into a joint venture (JV) agreement with Menteri Besar Kedah Incorporated (MBI Kedah) to undertake the mining, supply and exportation of silica sand.

In a bourse filing today, the group said its wholly-owned subsidiary Ageson Enterprise Sdn Bhd (AESB) has entered into 51:49 JV with MBI Kedah to undertake the venture. MBI Kedah is the Kedah state investment arm, and its subsidiary Permodalan Kedah Bhd (PKB) holds a mining lease in Kedah.

Ageson said the estimated initial capital expenditure and operating expenses are approximately RM2 million and it is targeting to kick start the JV project by the third quarter of 2020.

https://www.theedgemarkets.com/article/ageson-forms-jv-kedah-investment-arm-venture-sand-mining

Hi,

Some comments made by this icst guy is factually incorrect. Wanted to input here.

"The construction was financed by banking facilities from Malayan Banking Bhd (Maybank) amounting to RM351.85 million, with Ageson providing a corporate guarantee on the loan.

According to the statement of claim, despite Prinsiptek no longer being either a subsidiary or even an associate of Ageson, the company continued to make payments to Maybank in order to discharge its obligation under the corporate guarantee."

You can run from your wife, but you can't run from 3 things in life.

1. IRB
2. Banker
3. "Donation"

This statement was in the press provided by swimwithsharks.

https://www.theedgemarkets.com/article/ageson-sues-former-md-director-and-others-over-alleged-scheme-defraud-company

With all honesty, AGES new management doesn't look like doing hanky panky stuff. I mean, they did work with MBI Kedah after all, the state owned entity?

Surprisingly ages still stand strong. Well. After Vaccine, guess is a good recovery for Ageson

limit up soon? last round of collecting period? i already hope so, hehehe

hahaha, next serbadk??? ur rebound prediction jatuh longkang o