sting79 wheres the sources of the article? most likely is half rumor and half facts

thanks for your initiative sting79, please do let us know if theres any update

If it works for, go ahead and take profit. I gonna collect more for now

TP 0.20 very soon, hahaha

lol dont compare ages with vivocom, vivocom is pure trap and garbage

https://klse.i3investor.com/blogs/valuefinder2021/2021-02-25-story-h1541258359-In_depth_Analysis_on_AGESON_BERHAD_s_Latest_Quarterly_Report.jsp

Nevertheless, there would still be investors who “misunderstood” the quarterly report representation and sell on a mistake. I would personally allocate 30% additional funds to buy the dip, anywhere around 12.5 cents to 13.0 cents is a bargain to me!

Remember, AGES’s true value is round 50 cents. Do not get affected by sharks who wanted to buy cheap!

By normalizing the company’s current quarter profit by removing the one-off foreign reserve income, and divide RM 6.00 Million by 4 (Each quarter contributed approximately RM 1.5 Million) of additional profit from the future, AGES actual profit in this quarter would be around RM 6.05 Million!

The figure of RM 6.05 Million was comparatively better than FY 2021 Q1’s RM 5.07 Million in net profit, which signals a 20% increase of the company’s profit under quarter on quarter basis. Meanwhile, AGES’s close peer – INTA BINA GROUP BERHAD (KLSE:INTA) had only registered RM 1.41 Million in net profit despite having a huge revenue of RM 84.85 Million! I do not want to comment negatively on other companies, but it seems like AGES in the clear winner here

Under Note 16 of the financial report, the company did actually mention that there was a increase in profit comparatively to last year was mainly contributed by a one-off disposal of subsidiary of in the current quarter as well as realization of foreign currency reserve, which contributed to RM 4.58 Million & RM 3.4 Million respectively.

Based on my understanding and in-depth study on their corporate structure, it was noted that one legacy subsidiary left by the previous management has been haunting the company’s profit, margins as well as cash flow for a great period of time. But due to several factors, the sale were only able to be finalize in this quarter. Under my rough calculation, for the past 3 financial years this subsidiary has been draining approximately RM 5.00 Million to RM 6.00 Million each year worth of profit from the company. Remove this, and actually we might see a better AGES in the near future!

In-depth Analysis on AGESON BERHAD’s Latest Quarterly Report

The company registered a revenue of RM 44.68 Million & RM 12.38 Million in net profit respectively. This results to a abnormal net profit margin of 27.71%, which of course outperforms all its peers!

However, some investors had noted that this quarter’s profit consists of some abnormal item, which was categorized under the “Other Operating Income” who contributed RM 7.83 Million to the company’s net profit. So, what is this “Other Operating Income”?

In short, it was some income outside of the company’s ordinary course of business. For example, AGES was specialized in construction using Industrialised Building System (“IBS”) and had great exposure in the property development sector. The company had recently passed its EGM on inclusion of sand trading business into their core daily business dealings. But this other income was something beyond the scope of any of these mentioned items.

happy trading guys

collected more at 0.13, what a good bargain

close 0.14, someone kena slap himself

so angry, cursing bursa and pakatan. AGES is always a bargain to collect below 0.15

Good luck and happy trading, sitting tight and fly while waiting for QR

steady la today, now just wait for qr

qr will out very soon, maybe around this 2 weeks or next month

profit off at 0.84, thanks DATAPRP

nice fake article lol, suddenly dig up a wrong fake article with bullshit information

steady la ages, strong support 0.13

ARBB already starting to fly, hope dato Liew will bring AGES to fly soon

hahaha goreng_kaki just trying his luck on penny stock ma, most of the ppl here are for the value

so much space here, hoot 9 e!

angpau not so soon, time to collect again...

Yes, different ppl have different view, and most commenter here mostly want to earn money, of course they cheering lol

wait for prosperity, all time high profit is coming

hot counter? not hot enough yet, collecting period now

need to wait MCO to end to start engine... buy and collect now

collect collect... accumulating wealth now

Just wish for a big fat angpao this CNY, hehe

Hahaha, for sure no dividend lo, still growing company

QR coming after CNY? Hope for some divident announcement

Yes, new trend incoming, hoot 9 e!

hoot 9 e! Fly to mars ar!

Next counter to fly?

bold prediction from the article, now is the time for ages-pa

Hehehe, good thing is coming, I like cheap and good stuff

Huat soon lor, chinese new year is coming

demand for 5g is so strong in market, sales confirm will go up instead of downward

Yep, really looking forward to next qr, steady lar

https://klse.i3investor.com/blogs/doatt/2021-01-22-story-h1540095425-DNONCE_TECHNICAL_OUTLOOK_21st_January_2021.jsp

Still on consolidating phase, and will breakout anytime soon

Because it is still undervalue, they have new machinery for the production line and for the next 2 quarter, we can expect more growth in their earnings

i guess tech stock is on the rise now

why is this stock so cheap? undervalue much?

gap up? dont think so la, dream too much la

waiting to breakthru 0.315....

ageson need more time? then its time to collect more for now

hope this counter will be on fire like ARBB

drop coz of market sentiment... no worries

slow and steady win the race...