JustinLong

jlong23 | Joined since 2019-01-21

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2022-06-02 10:27 | Report Abuse

At RM1.10 current price is equivalent to RM3.30 yesterday's price.

Seems like the food security theme is back into play :)

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2022-06-01 21:39 | Report Abuse

It's about time market revisit this gem that will continue to churn out impressive results given the top-notch management in driving growth and profitability.

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2022-04-05 22:00 | Report Abuse

Charging past RM4 then onto the split in June. Let's go!!

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2022-03-20 15:54 | Report Abuse

One of the best trades made so far this year if you had bought pre-ex and then sold at above 50sens.

Then use the cash to accumulate more ANCOM. Sweet.

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2022-05-02 16:17 | Report Abuse

FCPO breaking new high, and now labour shortage issues at plantations continue to improve as foreign labor are brought in. Plantations will be more effective in applying agrochemicals to boost their yields for better income = more sales for Ancom

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2022-03-01 14:57 | Report Abuse

If you happy and you know it clap your hands because Ancom + Nylex gonna fly to the sky.

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2022-06-19 20:50 | Report Abuse

This counter cannot wait to buy.

Must buy then wait. Better things coming very very soon.

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2022-02-24 17:23 | Report Abuse

This "war" situation sent crude oil prices up, which benefits Nylex's PETROCHEM biz which is consolidated under Ancom now as the acquisition is completed.

Furthermore, FCPO palm oil just breached a new high of RM7k per mt (WOW!!!) which hugely benefits the AGROCHEM core biz of Ancom.

This explains the crazy rebound from 3.6+ to close green at RM4 today, because smart money and big money know very well Ancom just got a pair of twin-turbos added to their growth engine.

RM5 here we come.

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2022-02-04 14:35 | Report Abuse

Welcome ANCOM to the Billion Ringgit Club.

Just crossed RM1b market cap. Let's see if bigger funds such as EPF etc would invest into this Bursa gem.

Exciting times ahead. Stay invested, hodl and watch this stock of the year perform.

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2022-02-11 21:18 | Report Abuse

https://www.theedgemarkets.com/article/cost-growing-food-may-rise-more-amid-weedkiller-supply-crunch

"Bayer previously said that glyphosate pricing gained 25% between January 2021 and November, and the company expected prices to keep rising."

As competitors' products keep rise in cost and prices, ANCOM will continue to benefit in rising selling prices and better margins as evident in their latest quarter results.

Exciting times ahead for ANCOM.

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2022-02-07 11:24 | Report Abuse

Food security is one niche area that smart money is flowing to as a hedge against rising food costs due to cost-push inflation.

Plus, the ban of Paraquat in Thailand has left a market worth USD80 million++ vacumn and Ancom is seizing the opportunity to replace this market with its proprietary products with no direct competitors.

Clear blue skies for Ancom to rocket up further.

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2022-01-17 16:25 | Report Abuse

All time high coming... May well be the Stock of the Year 2022.

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2022-01-16 21:39 | Report Abuse

sten_still mind to share on how is Ancom a supplier from ABB? And what is ABB?

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2022-01-11 21:32 | Report Abuse

Cheap at below RM1.65

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2022-01-10 16:19 | Report Abuse

I've done a simple simulation on Ancom's share performance, that it is possible to hit RM3.80 for 2022 alone before going to RM4++ looking forward to 2023.

Given estimate of RM45m PAT for full year,
Q1 announced PAT RM9m,
so remaining 3 quarters should add to RM36m if our estimate of RM45m is somewhat close.
RM36m over 3 quarters = avg of RM12m per quarter.
That is an impressive 33% qoq growth from Q1.

Let us watch and see if Ancom can deliver the numbers, and if investors deliver the buying support on the market.

https://klse.i3investor.com/blogs/ancom4758/2021-10-24-story-h15928591...

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2022-01-10 15:18 | Report Abuse

In the context of tech sell-off, rising inflation, coupled with a risk-off mood for funds returning to value/quality, ANCOM is set to outperform once again for year 2022.

Among the many factors for ANCOM's continued bull run:
1) High growth within their niche agrochem sector (higher margins for niche products)
2) Being able to pass on rising input costs to customers (due to market dominant position)
3) Significant increase in volume demand from Malaysia and Thailand due to paraquat replacement

Next q results coming out very soon, any guesses if ANCOM will hit the highest ever level of profit for a single quarter?

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2022-03-04 14:38 | Report Abuse

Some may be happy with a rambutan-sized ang pow.

We go for the Musang King ultimate prize hehe

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2021-12-29 14:17 | Report Abuse

We cheers at RM3+ for the New Year.

Then we cheers at RM4+ for Chinese New Year! Hehe

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2021-12-22 10:19 | Report Abuse

On to the next level, get ready!!

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2021-12-06 16:43 | Report Abuse

Super strong support to absorb all the weak sellers. Typical retail mindset to ciao when market is weakest.

Thank you for the tickets below RM2.50, see you all at RM4 soon :)

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2021-11-18 10:52 | Report Abuse

Chairman, CEO and long time Ancom shareholders took the 30m+ units off P&O.

Once retailers done selling due to mis-reading the news headlines, and with upcoming better quarters, time to fly past RM3.

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2021-11-09 10:23 | Report Abuse

CEO just increased his stake to above the 5% substantial threshold.

Cooling/correction period almost over with decreasing volume, time for the next wave up.

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2021-11-03 22:12 | Report Abuse

The announcement today on P&O selling open market is erroneous. It should be off-market direct business transactions (DBT).

Yesterday's volume only 2.3m, but announced P&O sold 6m units. Clearly it's off-market.

This leads to the next question, WHO IS THE BUYER!!??

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2021-11-03 16:51 | Report Abuse

Those who panic cut, or did not top up... GG

Those who hold and add on, congrats.

CNY we yumseng at RM??? Hehe

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2021-10-06 14:33 | Report Abuse

Nylex EGM passed and success.

Ancom next.

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2021-10-22 14:38 | Report Abuse

Accumulating on weakness.

One year later once the earnings are proven, the price will not be for rendang daging price anymore, prepare to pay for A5 Miyazaki Wagyu price!

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2021-10-21 17:27 | Report Abuse

Pump and dump counter?

Yup, pump to RM3.50, dump to RM3.30, then pump again to RM4 hehehe

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2021-10-11 08:54 | Report Abuse

Ancom not manufacturing fertilizer, they do herbicides.

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2021-10-05 20:44 | Report Abuse

CPO levels breaching RM5,000/MT

Plantation owners make good money, good money makes them happy

Plantation owners have more money to spend on fertilisers and agrochem

Plantation owners WILL SPEND MORE money because they want to produce more fruits to make more money to feel more happy

Good for Ancom.

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2021-10-05 15:42 | Report Abuse

Did you love Ancom yesterday?

Will you love Ancom tomorrow?

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2021-04-17 22:21 | Report Abuse

Please take profit to your satisfaction as market is abit volatile...

There will be buyers to ensure you exit happily :)

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2021-09-26 10:07 | Report Abuse

Share buyback mandate is renewed every year at AGM, nothing too surprising.

The real surprise is coming soon.

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2021-09-22 21:36 | Report Abuse

Warming up almost completed.

Time to do real workout.

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2021-04-18 20:21 | Report Abuse

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 :)

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2 months ago | Report Abuse

This is only the beginning.

Sit tight and enjoy the show.

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2021-09-15 12:37 | Report Abuse

RM2 in 2 weeks or probly sooner than that :)

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2021-04-28 00:00 | Report Abuse

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.

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2021-08-28 14:31 | Report Abuse

Calvin, buy whichever counter that makes you happy :)

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2021-08-16 12:24 | Report Abuse

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.

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2021-07-16 13:42 | Report Abuse

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?

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2021-07-15 14:56 | Report Abuse

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!

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2021-06-24 20:49 | Report Abuse

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.

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2021-06-08 10:33 | Report Abuse

Nylex shoot up last Friday cos of value gap between Nylex price and the eventual offer price which includes Ancom shares issuance.

Ancom-WB next to shoot as it is already in the money or with super low premium.