This counter is property related, very likely once budget is confirmed, then could see a rally, this is a under the radar stock la....

Slowly wash out ikan bilis. 0.30 and above is still good to go

Don't so ganjiong. No pwower yet.

CX-30 seems good, will their sales go strong like CX-5 ?

https://jalopnik.com/the-2022-mazda-cx-30-turbo-is-a-crossover-for-those-who-1848943254

Problem bukan mau hire x mau hire, is our local want to work in this sector ?

Don't compare sector, Gamuda Econpile, Azrb, all working in the same way....

hahaa, the statement on above is not making sense, here come with history, here we come with Chinese Malay most owning business, another half Malay working in Government sector and Indian if not having own business, they are quality doctor lawyer and accountant or maybe customer service. Is a fix, even like those who comment hire local people work, send you go, you also won't go la.

Attractive...Will bermaz auto turn to the hot cake again ?

https://paultan.org/2022/05/13/2022-mazda-mx-30-improved-charging-new-trim-and-colours/

Hahaha, cold eye so many quality stock, need borrow money meh

More discount

Big guys going to revenue ?

Nice. almost like x2 on current value.

Demand still strong, not a worries yet

Or else how to goreng goreng to the moon

If really 0.10, I all in lo. Boss also won't let price so down la.

No power d... Getting weak.

Sorry, cause heard someone said TG. Very hate the old fox. Luckily I never throw wrong ticket.

Bolehland, apa pun boleh.... Ages share price naik pun boleh.

Whenever Koon promote the stock, good stock also become bad stock. lol

Wait for the correction only reenter and average

Stuck at the range of 0.50 -0.65 very long.

What us the good news ?

Drink power root, bagi kuat kuat service.

But company FA still good. Worth to hold

Bermaz Auto no strong like previous, trend of CX5 has been past.

1.50 will be just nice ?

Mi re Do.

Market wasn't good as previous now

Ages is undervalued but definitely need more time as expected.

I agree with kangedd, just put aside and monitor first .

egm? anyone attend or update can share here ?

Boom boom boom, Hibiscus to the moon

Wow, got drama here. Anyhow no need to fight la. I think both investor, just that having different opinion

QR out, diectly kena dump. GG

saddest story. Good company .... but haizzz... cannot growth.

Anyhow won't lock down any more. Gov give up to take care and lock down again. (the whole market cannot tahan aldi)

https://www.theedgemarkets.com/article/hlib-constructionsector-earnings-double-2022-higher-productivity-margins

HLIB: Construction-sector earnings to double in 2022 on higher productivity, margins

Good or bad, we don't judge. Now might be the worst time for some counter but when it come back , please praise more.... ahahahaha

@SaveSerbakDinamik then I think serbak more fishy ? Drop from xxx to xx

Need to wait the dragon to wake up

like then buy, no like no buy,
simple. No point to complaint to make your life suffer.

Relax everyone, construction might not be so good in this year. 2022 will make a big turnover.

KUALA LUMPUR (Dec 22): Hong Leong Investment Bank (HLIB) Research forecast construction-sector earnings to double in 2022, driven by higher productivity and margins.

In a sector outlook on Wednesday (Dec 22), HLIB Research said job awards could recover, driven by both the private and public sectors.

According to the research firm, construction gross domestic product is slated to rebound 16.6% in 2022 and that in tandem, the firm has pencilled in a doubling of sector cumulative earnings driven by higher site productivity and better margins.

HLIB Research noted that its financial year 2022 forecasts are roughly 15% lower than pre-Covid-19 levels on account of impaired productivity, a worsening labour shortage, hostile cost environment and lower outstanding order book.

“We see a limited scope for earnings upgrades as the aforementioned factors are likely to persist in 2022. To the contrary, should Omicron (the new Covid-19 variant) prove nastier, another earnings downgrade cycle might be triggered,” the firm said.

HLIB Research added that domestic jobs in the first 11 months of 2021 were public sector-driven, while the private sector floundered.

As such, the firm cautiously expects gradually improving contract flows as Malaysia embraces endemicity with private-sector opportunities and roll-outs of public projects like the East Coast Rail Link, Pan Borneo Highway, Johor Baru-Singapore Rapid Transit System and Central Spine Road to keep the tap running in 2022.

“Higher development expenditure bodes well for the general tender environment even with new big-ticket projects missing. Implementation of existing megaprojects should also continue to selectively present opportunities.

“Developments of the Mass Rapid Transit Line 3 (MRT 3) could catalyse flows with open tenders targeted for next year’s third quarter [and] awards in 2023. Downside risks are Home Ownership Campaign expiry, rate hikes, delays due to high material prices and election overlaps,” the firm said.

HLIB Research also foresees elevated election risks denting sentiment next year, which could potentially weigh on news flow catalysts.

The firm said there were significant de-risking activities in the past two election cycles, resulting in pullbacks of 9% to 14% and price-to-book (P/B) derating of 13%/18%, but low sector ownership this time would mitigate it to some extent.

“Comparatively, we anticipate less pronounced volatility this time due to low foreign ownership of the heavyweights and low expectations.

"However, 2022 could see an extra element of market unpredictability vis-à-vis past cycles with the stamp duty cap removed,” the firm said.

Meanwhile, HLIB Research highlighted that the Bursa Malaysia Construction Index (KLCON) was lagging the FBM KLCI by -10.4% year-to-date as negatives like multiple movement control orders, High Speed Rail cancellation, political flare-ups and a disappointing Budget dragged the index.

“Details of MRT 3 in April this year did little to spur the index to new heights as Covid-19 risks outweighed. On a relative basis, IJM Corp Bhd was the key performer, outperforming the KLCON by 14.1%, riding on its IJM Plantations Bhd value unlocking,” the firm said.

HLIB Research also retained its sector call at “neutral” as fluidity of the looming election could weigh on sector sentiment, with investors adopting a wait-and-see approach and sector valuations on the lower end at 12.2 times price-earnings (P/E) NTM earnings per share and 0.61 times P/B.

https://www.theedgemarkets.com/article/hlib-constructionsector-earnings-double-2022-higher-productivity-margins

HLIB: Construction-sector earnings to double in 2022 on higher productivity, margins

Actually where is the promoting ? I just don't get it. Those people randomly come in just say con ? Guess those who with random bad mouth going to receive karma first..

https://www.businesswire.com/news/home/20211129005305/en/Key-Trends-and-Opportunities-in-the-Malaysian-Construction-Market-to-2025---ResearchAndMarkets.com

Key Trends and Opportunities in the Malaysian Construction Market to 2025 - ResearchAndMarkets.com

Rebound now, nice

No more down I guess ? Support line now

https://klse.i3investor.com/blogs/HIDDENGEMLIST/2021-10-28-story-h1592919862-What_you_need_to_know_about_AGESON_s_private_placement.jsp

What you need to know about AGESON’s private placement

Investors are all eyeballing the recovery of construction sector as well as property sector, as REDHA has estimated the targeted development expenditure (DE) for Budget 2022 to be between RM60 billion and RM65 billion and may feature the roll-over of unutilised DE for 2021.

According to CGS-CIMB's research note today, what is key for Budget 2022, in REHDA's view, is a clearer implementation plan relating to the RM400 billion DE under the 12th Malaysia Plan (12MP), as the overall industry rail contractors and suppliers would be zoning down on the status of the Mass Rapid Transit (MRT3) project, which was missing from the 12MP.

"A short-term positive is, with mobility restrictions being lifted, the construction sector, including contractors with property development divisions immediately benefitting from the stabilisation of the industry's domestic supply chain in the fourth quarter of 2021 (4Q2021)," the research house said.

Based on the macro-outlook for Malaysia, construction players have an extremely good chance to thrive and increase their order book – with tender book size increasing as a whole. This would definitely bode well for deep valued counter like AGES, with low single digit PE.

Coupled with the bright prospects, AGES had announced to undergo a private placement of 20% placement shares to strengthen the balance sheet and financial strength of the company.

Aside from working capital required for existing and potential new projects from the Budget 2022, we could see that AGES is keen to free up their gearing by repaying to RHB’s loan, which would result in an interesting saving of approximately RM2.13 million over the repayment period. Do bear in mind that upon settling off the RHB loan, the company would have plenty of space for additional debt headroom.

But why private placement, instead of rights issue?

In Malaysia, investors generally do not favour removing money from their pocket to fund the company further – even if its for the good of the company. Hence, a private placement to selected and sophisticated investor could better solve the problem, especially when AGES had already secured 8% of the private placement out of the 20% total size, to strategic investor.

I would also like to highlight that something big must be brewing in AGES. They had secured a RM95.2 million residential development project in Selangor aside from their 475 acres land Perak development – which part of it will be pre-sold to China counterpart for RM279.0 million in cash. Given the cash pile that the company have now, I suspect that they are in tender for something big in the pipeline.

Moreover, the share price movement after the private placement is favouring the company future growth plans. I expert a sharp upward movement once the “hidden prospect” is announced soon.

Cheers.