Hi,
ViVaFoReVeRLOVE, any clue that when they will announce the CCCC thing...; and how much is the contract ?

They will, together with Larry Liew , push Ageson up to unprecedented level, stay tuned more contracts are coming and profits will shoot up fiercely with the commencement of the sand transport business with JTC of Singapore

YoungTycoonWILL, if the trading environment is favourable, it will shoot even beyond our wildest dreams...! Haha

Singapre is now buying sand from Indonesia

State of Johor had been exporting sand to Singapore for decades until Dr M banned it in 2001. The contracts Ages clinched is to transport sand from Philipines to Singapore

Stay tuned folks, more projects are on the way

With the latest contract, Ageson has managed to clinch a total of close to RM half billion ! Imagine for a small company how much it will translate into share price

Please do not make any sensitive comments towards other faiths, we all live in a multi ethnic, races , religion, cultures, traditions etc. Thanks and we are all good Malaysians !

The same operator from ARBB-PA where the price shot up from .03 to .295 in a short span of 4 months is now in Ages-PA, wishfully they will repeat the same

Yes, could be similiar to ARBB 7181 PA where it touched a high of .295 in a swift 4 months after listing !

Salute Ageson and Dato liew! +10

Assume 20% profit margin, Ages will rake on 11m profit per year for 3 years

SGD107m (RM330m) for 3 years, average RM110m per year, 51% stake translates into 56m per year, considered very large amount for small company like Ages

With Dato' Larry Liew on board, Ages is going to clinch more projects !

SGD107m (RM330m) for 3 years, average RM110m per year, 51% stake translates into 56m per year, considered very large amount for small company like Ages

Looks like its willing to move now...the real play is in PA; if mother doubles to .16, the PA might be .05, that is 500% increase !!

With a expiry date of 10 years, this gives the operator free rein to push up with no regards to time decay

The same operator (Dato' Larry Liew) is in ARBB-PA, from 3 sen he pushed up to 0.295 in a short span of less than 4 months !

Ages-PA : Looks like operator is waiting for some anxious players to sell to them @.01 then only they are willing to push up. The play is on PA as when the mother goes double, the PA might make a few hundred per cent ! Watch out for some big moves

Index is revisiting 1991-1992 level, for 30years, we are running to nowhere !

i think this round KYY gets margin call....Hopwfully he's still fine; what a waste, should have disposed earlier

Dato Larry Liew is very well connected in China and I think he will clinch some projects directly from the China principal

If the ECRL contracts comes true, will breach .3 !

What I'm worried is RM26.52m debt will be turned into 262m (@.105) shares, will it flood the market and press down the share price ?!!

OTB Thanks for the advice

Hi, OTB, may I know what is your recommendation ? Subscribe the RI or forget it ? Thanks in advance

With coronavirus still running hot it's a hard decision to make whether to subscribe

The pertinent point is whether around 254m shares issued to creditors to offset the debt will flood the market and dampen the price !

Post RI, the company still has about 419m debt (Based on max subscription, more debt if its under subscribed)
)

Yes, they will save 18m interest a year that will immediately turn the company into the black and also the utilisation of fleet will increase; but that scenario had been premised on Dec last year when crude oil was trading around $60, but now with the Coronavirus and crude oil is at around $50, we have to think twice before subscribing

There are many Warrants and PAs (Preference Shares) trading at a very small premium and some even at a discount; and I think this is the new normal now

Given the current weak market sentiment as some foreign funds even indicate they will shun our markets in 2020, conv price of 2.62 is too far-fetched

Lots of funds are forbidden to hold Warrants (EPF, Khazanah,LTAT etc) by the Charter, thats's why lots of blue chips' Warrants are disposed quite swiftly upon listing.....It'll take weeks or even months before all funds unload the Warrants !

Exactly, our market is the world's worst performing market, even at this cheap level, ff are shying away from us, so pathetic

Dato' Karim is appointed Chairman of KPower

Hi Dato Karim, please don"t go for Rights issue or any other debt instrument, go for bank borrowings as the former 2 items may not go down well with the investing fraternity

Thanks ramada, its kinda on the high side, at least 30% higher than ex-all price !!

May I know the Warrant coversion price ? Is it 2.6 ?

KPower was given 500m project by Dato Karim and Dato Mustakhim, limit up....!
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6338093

BullRun_93 Don't you think Dato' Karem is a nice and generous guy by taking over SCIB and KPower @1.1 and 1 respectively when both counters were languishing around .4 to .5 ? infact he could have taken advantage of the weak market sentiment and pressed down the G.O. price 50% had he wanted to..! Moreover in the KPower's offer document he had spelt out all the future business he was going to do with KPower eventho he was not compelled to reveal; this had put him at a disadvantage as many shareholders after reading these would not accept the G.O. He is kind hearted enough to let lots of shareholders to keep holding the shares and grow with the company. I have been in stock market for about 30 years and so far Dato' Karem is the most generous, magnanimous, kind-hearted corporate leader !

Thanks Dato' Karim, I will hold on your counter. You are such a nice person,....Wish you good luck, good health and a beautiful family...I will be grateful to you forever ...

Dato' Karem please push up to 1.6 . Ribuan terima kasih...

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=96837&name=EA_GA_ATTACHMENTS

50 shares to be consolidated into 1 ! based on today's closing price of 0.085, the cost will be 4.2 after conso !

Tomorrow at 0.15

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6252149

Still hoarding warchest of 11b ....Way back in 2003, I remember Francis bragged that he would use the 11b to buy into business that can give long term profits if the next financial crisis happened; 2008 financial crisis came and look at what he had done ? Virtually sitting tight on the money...! Haha, useless ball-less timid

YTL Power = YTL Powder liao ! No more power but explode into powder...!

Chi Pai ko ho sei liao !

Limit up tomorrow ?!!