Posted by bignate2019 > 2020-07-17 17:06 | Report Abuse

Possible the one who bought yesterday at 43 will make sure next week above that price and possibly will temporarily fall after that. We see next week.

Like I mention key for the success of ALB is RTO and NIIS. If both met, then will fly higher and higher.

Posted by monreyes > 2020-07-17 17:30 | Report Abuse

Next week 0.60 mari

Posted by T800Terminator > 2020-07-17 18:24 | Report Abuse

Wow big profit today. Sold half.....keep half to sell at 0.59

Posted by chickmonk > 2020-07-17 20:48 | Report Abuse

another Myeg in the making.

Posted by James Ng > 2020-07-17 20:53 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-07-17-story-h1510603265.jsp
[转贴] [Facebook live video:浅谈Ancom Logistics bhd (AncomLB)] - James的股票投资James Share Investing

Posted by Valueinvesting88 > 2020-07-17 23:18 | Report Abuse

Great News!

Ancom Berhad Online Investor Briefing On 18 July 2020

We are hosting an online investors briefing through Zoom for the Main Market listed public listed company Ancom Berhad this coming Saturday morning, 18 July 2020, from 9.00 am to 10.30 am.

It is free-of-charge and you are strongly encouraged to join this upcoming Ancom Berhad online briefing. You can register to join by filling in the Google form below.

This online registration works on a first-come-first-served basis and we are only accepting a maximum of 100 participants to ensure that a truly interactive, quality meeting with the senior management team of Ancom Berhad will take place.

We will send a softcopy of all the reference material to the registered participants prior to the Ancom Berhad online briefing this coming Saturday.

Register Link: https://forms.gle/JbTPQjXQY7KTP4cy5

Posted by LiimInvest > 2020-07-18 07:48 | Report Abuse

Many people know that Government will award the NIIS to MyEG. But government also advise Myeg to use local companies as thier contractors and S5 seems has proven record.

Since Myeg started hiring many good talents including from S5, I think Myeg can work with many local contractors to complete the NIIS project.

No goverment officer dare to do recomendation to award the contract to Ancom although acquired by S5. This is because Ancom does not has proven record and they probably will fail if Special Branch perform background check of the company.

Posted by pang72 > 2020-07-18 09:32 | Report Abuse

Lim,
Goverment dare not award to Myeg because they do not have immigration IT experience.
S5 has the experience. So, myeg consortium with S5 and Htpadu can say 100% chance to get the award.

Posted by Cryptotrader > 2020-07-18 10:13 | Report Abuse

AncomLB will be rename to S5. after reverse takeover deal done then AncomLB will issue 90% of AnComLB enlarged share to S5. Ancom stake in AncomLB will reduce to 4.5%. Based on ancomLB mcap 200m, the effective mcap should be 1B now. 1 B mcap is too low i guess. may be ancomLb mcap will double up again so that mcap will reach 2billion (it is a fair value)

Posted by Cryptotrader > 2020-07-18 10:24 | Report Abuse

Market capital
1. MyEg = 5.3b
2. DSonic = 1.9b
3. S5 = minimun 1b as per MyEg's 10% stake in S5 value at 900m.
4. AncomLB = RM200m

RM200m x 10 = 2b, AncomLB sahre price of 0.42 per share = "S5 's IPO price"

if S5 really go for IPO then it will be valued at 2b. after listing will go up to 4b.

so buy ancomlb below 0.50 is low risk. TP is 0.80

Posted by OrlandoGlove > 2020-07-18 10:25 | Report Abuse

If d Ancom Berhad Online Investor Briefing On 18 July 2020 is done right n honestly Monday AncomLB shd gap down

Posted by Cryptotrader > 2020-07-18 11:26 | Report Abuse

how to join Online Investor Briefing ?

Posted by shamee20 > 2020-07-18 11:31 | Report Abuse

why gap down orlando?

Posted by TrippleZ > 2020-07-18 11:46 | Report Abuse

AncomLB should be issuing billions of sharea to acquire S5. This should dilute the share price further.

Posted by bignate2019 > 2020-07-18 12:12 | Report Abuse

Actual valuation will be made dont worry about share size

Posted by Cryptotrader > 2020-07-18 13:47 | Report Abuse

Yes. Will issue 10 times of existing share size...
Ancom has 49% stake in ancomlb. After issue new share to S5 then Ancom stake in ancomlb will be reduce to 4%..
4% will worth 100m. The 100m will be reflect in Ancom next QR... Ancom is super under value now.
Next week I will pump Ancom too..

Posted by TrippleZ > 2020-07-18 14:06 | Report Abuse

So you mean before this restructuring, Ancom 49% stake in ancomlb not reflected in QR?

Posted by Sky Liew > 2020-07-18 14:41 | Report Abuse

1b value mean need 10b share .... hoa there got write
10 sen issue
That mean after list
If price stand 42.5 count value is 4-5b value
Heihei
Mean pe around 80-100

Posted by pang72 > 2020-07-18 15:10 | Report Abuse

With S5 Listed I will assume myeg immigrants contract will be end and award to S5 too.

There are duplication.

So 8 to 10B market cap is still reasonable...

Myeg used to be at 2.00 where market cap at 7.5B....

So.....iis contract 1.5B plus further immigration contract will ballon S5...

Posted by pang72 > 2020-07-18 15:12 | Report Abuse

Government was previous announced immigration contra t extend to Myeg till 30Jun20..

They might wait for this listing and this candidate.... S5..

Posted by TrippleZ > 2020-07-18 15:58 | Report Abuse

Means Myeg will go bankrupt and delisted?

Posted by pang72 > 2020-07-18 16:11 | Report Abuse

Myeg has 10% S5
So, they will buy more shares of S5. Private placement! Or open market!

Posted by pang72 > 2020-07-18 16:13 | Report Abuse

Interestingly, it was only five weeks ago that MyEG said it was buying a 10% stake in S5 from Merrington for RM90mil.

It said S5’ solutions and systems were “complementary” to the company’s existing and prospective service offerings, especially within the immigration space in Malaysia

Posted by pang72 > 2020-07-18 16:14 | Report Abuse

The view in the market was that MyEG, which is co-founded by Wong Thean Soon or TS Wong, would further raise its stake in S5.

LOOK AT THIS... S5 IS HOT CAKE!!

Posted by pang72 > 2020-07-18 16:16 | Report Abuse

The corporate exercise came as a surprise to many as S5 is said to have some influential shareholders.

Posted by oskchoon > 2020-07-18 18:02 | Report Abuse

Gentlemen, Home Ministry confirmed Immigration will replaced old MyIMMs with new system in three years time...

Posted by Steven008 > 2020-07-18 18:07 | Report Abuse

Still can go in this counter?

Posted by bignate2019 > 2020-07-18 18:17 | Report Abuse

https://www.malaysiakini.com/news/535029?utm_source=dlvr.it&utm_medium=facebook

Posted by pang72 > 2020-07-18 18:34 | Report Abuse

S5 will be next Myeg after listing.
I will choose S5 rather Myeg because it is new entity and CLEAN.

Posted by bignate2019 > 2020-07-18 20:39 | Report Abuse

Hope for smooth sailing next week and more future to come

Posted by Danny > 2020-07-18 21:09 | Report Abuse

Anyone attend the company zoom briefing today? Can summarise and update us?

Posted by Danny > 2020-07-18 21:13 | Report Abuse

May I know is there any limit AncomLB can issue new share at 0.10 to S5? How can they possible issue 10 times of current outstanding share to S5?

Posted by Randomer > 2020-07-18 21:37 | Report Abuse

Is there any hope for this counter to go up next week?

Posted by ruby20 > 2020-07-18 22:18 |

Post removed.Why?

Posted by pang72 > 2020-07-18 22:48 | Report Abuse

S5 company solid. That is no doubt.
Many does not know. It experience in immigration control not only in Malaysia but South East Asia.

Posted by pang72 > 2020-07-18 22:49 | Report Abuse

I wonder any can share the zoom meeting today?

Posted by pang72 > 2020-07-18 22:50 | Report Abuse

S5 is very good fundamental and profitable Co..

Expexted to get more and more contract after listed.

Posted by pang72 > 2020-07-18 22:50 | Report Abuse

They are hesitate issue new contract to Myeg die to certain reason.
New Co S5 is the conditate

Posted by pang72 > 2020-07-18 22:51 | Report Abuse

Clean Co.

Posted by pang72 > 2020-07-18 22:51 | Report Abuse

Immigration control is S5 strength

Posted by pang72 > 2020-07-18 22:54 | Report Abuse

Next week glove money will flow the other stock...

I don't think glove can survive long.. Bubble build

Posted by pang72 > 2020-07-18 23:06 | Report Abuse

萧家伟大动作重组三公司
传S5控股纳入安康物流（ANCOMLB）
15/07/2020
企业家拿督萧家伟旗下三家公司─安康（ANCOM）、安康物流（ANCOMLB）和耐力士（NYLEX）今日暂停交易，根据财经周刊THE EDGE报导，三家公司将进行重组，移民科技公司S5控股将纳入安康物流。

安康是耐力士和安康物流控股公司，根据报导，安康物流的物流业务将转移到耐力士NYLEX。

萧家伟控制的这三家公司，安康物流市值最小，仅有6200万令吉。

移民科技公司S5控股最近成为炙手可热公司，MYEG服务（MYEG 0138）六月时宣布斥资9000万令吉，买进S5的10%股权。

S5主要从事提供安全技术丶知识产权丶解决方案和系统的开发与定制丶所有相关资讯科技和安全行业的咨询与支援。

换句话说，该公司的市值高达9亿令吉，该公司据称有望夺得内政部移民厅系统的35亿令吉肥约。

萧家伟在国阵政府时期和国阵领袖关系密切，他曾受国阵政府委任为旅游部属下旅游促进局主席。

THE EDGE引述消息人士说：“该集团希望将物流资产归纳同一公司，即Nylex旗下 。此后，整个供应链将在Nylex完成。”

消息补充：“安康物流将没有业务，而计划是为该公司收购一家移民科技公司S5 。 ” 不过，消息拒绝透露交易价格。

据悉，安康丶安康物流和Nylex这3家公司今日召开了紧急董事部会议，讨论整个集团的重组计划。

Nylex目前从事石油化工与工业化工产品的分销丶贸易与制造，而安康物流涉及石油化工和化工产品的运输和物流

Posted by pang72 > 2020-07-18 23:07 | Report Abuse

More action coming forward..


It should be very excited coming weeks..

Posted by High5 > 2020-07-18 23:10 | Report Abuse

THE RM1.5 bil National Integrated Immigration System (IIS) is expected to be awarded in the third quarter of this year, instead of this month as was initially reported, according to people familiar with the matter.

The contract is for a total of 4.5 years including three years of development, six months of monitoring and final one year of maintenance period.

After the contract period, there is a maintenance contract, which will be about 15%-20% of the value of the project.

Names that have been bandied about include Iris Corp Bhd, MyEG Services Bhd, Datasonic Group Bhd and HeiTech Padu Bhd.

Datasonic previously told FocusM that the company was confident of securing the project. “We shall announce and update soonest possible once available,” Datasonic chief operating officer Danny Chew said.

There is also little-known S5 Systems Sdn Bhd which has garnered attention of late for being a bidder as well as seeking a backdoor listing through ACE Market-listed ConnectCounty Holdings Bhd.

But market talk has it that there might be consortiums formed among the bidders as this is an extensive project that requires significant capital expenditure and expertise.

Posted by High5 > 2020-07-18 23:11 | Report Abuse

Refresh...old article but useful infos to share wt all

Posted by High5 > 2020-07-18 23:14 | Report Abuse

A consortium between MyEG Services Bhd, HeiTech Padu Bhd and S5 Systems Sdn Bhd is among the frontrunners for the National Integrated Immigration System (NIIS).

This is an RM1.5 bil project expected to be awarded during the third quarter of this year. The contract is for a total of 4.5 years including three years of development, six months of monitoring and a final year of maintenance.

After that, there is another maintenance contract which would be around 15%-20% of the value of the project.

Names have been bandied about. The usual suspects include listed companies Datasonic Group Bhd, Iris Corp Bhd and Scicom (MSC) Bhd. But it is the MyEG-HeiTech Padu-S5 Systems consortium that has been gaining some traction of late.

The most obvious link between the three companies is entrepreneur Wong Thean Soon, who owns MyEG which in turn plans to acquire a 10% stake in S5 Holdings Inc, the holding company of S5 Systems.

MyEG is expected to fork out RM90 mil, of which RM75 mil is in cold hard cash, while the remainder will be in MyEG shares.

Wong owns about 20% of MyEG directly and also through his vehicle, Asia Internet Holdings Sdn Bhd, which sits on a 37.6% stake.

But Wong also has a presence in HeiTech Padu through Asia Internet with a substantial 10.4% in HeiTech Padu, according to the latter’s 2019 annual report.

The other owner of Asia Internet is MyEG executive chairman Norraesah Mohamad. She was also an Umno supreme council member from 2000 to 2013.

And, HeiTech Padu has links to S5. One of its shareholders is AIX Shares Sdn Bhd which owns a meagre 0.79%, according to its annual report. AIX is wholly owned by offshore entity Merrington Assets Ltd.

Merrington owns a substantial stake in S5 Holdings and is the party that is being engaged by MyEG in the latter’s bid to acquire the 10% stake owned by Merrington in S5.

According to a Bursa filing dated June 30, the company Merrington had nominated is none other than AIX Shares.

Incorporated on July 5, 2019, AIX Shares has a sole director, Ng Hong Sing, who was among a string of individuals, together with Wong, involved in the alleged manipulation of MyEG shares between Jan 16, 2007, and April 24, 2007.

Wong entered into a settlement with the Securities Commission Malaysia in the sum of RM7 mil when he agreed without admission or denial of liability to settle the claim.

Other key shareholders of HeiTech Padu include Permodalan Nasional Bhd (PNB) which owns a 6.96% stake as well as Padujade Corp Sdn Bhd with a 24.85% stake.

Padujade has a string of shareholders including Perbadanan Usahawan Nasional Bhd (PUNB) with a 4.95% stake.

PNB and PUNB are wholly owned by Yayasan Pelaburan Bumiputra (YPB), whose chairman is Prime Minister Muhyiddin Yassin. Meanwhile, Tanjong Karang MP and Umno strongman Noh Omar is expected to helm PUNB.

Technically, the MyEG-HeiTech Padu-S5 Systems consortium presents itself as a strong front. MyEG itself received a three-year extension yesterday from the government to provide the online service for the foreign worker temporary employment pass which is worth an estimated RM208 mil.

But HeiTech Padu has a troubled past with its handling of the NIIS’ predecessor, the Malaysia Immigration System (MyIMMS).

HeiTech Padu was appointed by the Ministry of Finance, then headed by Najib Razak when he double hatted as prime minister, on Nov 1, 2010, through direct negotiation.

The Auditor General’s Reports 2015 and 2018 highlighted issues with the MyIMMS, including “losses in government revenue” in the latter report. The Malaysian Anti-Corruption Commission and the Home Ministry were looking into the issues.

But the flashpoint was in May 2016 when an insider syndicate in the Immigration Department was busted for sabotaging the MyIMMS after it successfully siphoned off RM1 bil.

Heitech Padu came out to defend itself that year after being criticised for putting out a shoddy product. The company denied that MyIMMS had been compromised but admitted that the system is susceptible to power outages and internet service disruptions.

But Heitech Padu also believed it was made the scapegoat for a structural problem much bigger than itself: poor overall system integration as many databases were developed and maintained by various vendors.

This led the Najib government to announce an overhaul of MyIMMS, hence the NIIS. Whether the NIIS can be successfully executed is another question that is worth raising given the many vested interests in the project.

Also, there is an element of mystery with S5, as its major shareholder NSA Technology is owned by an offshore or overseas entity NSA Technology (L) Inc.

But its sole director is Syed Mohammad Hafiz, who is from the Perlis royal family. His father, Syed Razlan Syed Putra Jamalullail, is the younger brother of Raja Perlis Tuanku Syed Sirajuddin Putra Jamalullail.

Syed Razlan himself was also former Arau MP, and he had joined Bersatu from Umno on July 15, 2018.

Posted by High5 > 2020-07-18 23:16 | Report Abuse

Wt Connect County out...paved way for Ancom Group

Posted by pang72 > 2020-07-18 23:53 | Report Abuse

good sharing. ancomlb -> S5 is next

Posted by pang72 > 2020-07-18 23:54 | Report Abuse

expected bug goreng next week till minimum 60c.
Ah Wong will up stake on S5. 10% is too little for his appetize!

Posted by jfm3737 > 2020-07-19 08:28 | Report Abuse

（吉隆坡18日讯）资讯科技政府方案公司S5控股，将倒置收购ANCOM物流（ANCOMLB，0048，创业板交通与物流），再取代其上市地位。



安康（ANCOM，4758，主要板工业）向马证交所报备，子公司ANCOM物流与S5控股4位现有股东，即S7私人有限公司、Merrington Assets有限公司、MYEG Capital私人有限公司及Avocat私人有限公司达成前期协议，发行新股收购S5控股。

在ANCOM物流上市地位必须由S5控股取代的条件下，后者卖家将触及全面献购门槛，必须强制性收购剩余股份。ANCOM物流随后将私下配售新股及买家献售部分股票给独立第3者。

安康预计，上述几项计划料从前期协议日算起的6个月内完成，一旦所有拟议计划完成，ANCOM物流将不再是安康子公司。