ANCOM LOGISTICS BERHAD

KLSE (MYR): ANCOMLB (0048)

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Last Price

0.165

Today's Change

0.00 (0.00%)

Day's Change

0.165 - 0.17

Trading Volume

530,100


6 people like this.

5,135 comment(s). Last comment by kuroro2020 4 days ago

nokia8250

352 posts

Posted by nokia8250 > 2021-01-29 18:46 | Report Abuse

So what's next for Ancomlb?

ElongMask

23 posts

Posted by ElongMask > 2021-01-29 19:29 | Report Abuse

I buy Ancomlb not because of NIIS, is because of S5 RTO, now market cap only 200mil, S5 at least worth 900mil base on MYEG 10% 90m share bought last time. So still have 400% more to go..

ElongMask

23 posts

Posted by ElongMask > 2021-01-29 19:29 | Report Abuse

Niis is bonues, Iris will need S5 service

Mikewg

29 posts

Posted by Mikewg > 2021-01-29 20:08 | Report Abuse

Iris won the project.. maybe S5 will cancel the RTO....

Aurora13

563 posts

Posted by Aurora13 > 2021-01-29 20:45 | Report Abuse

One tm interesting thing is, iris got the award and share price run up today, but amcomlb although didn't get but still go up in a similar pattern... Something brewing underground?

Mikewg

29 posts

Posted by Mikewg > 2021-01-29 21:23 | Report Abuse

Maybe both create a diversion for each other just like gambling for big or small....that’s why everytime one up another also will up in order to let the market confused... now the result has came out, Market will reflect the actual share price of each other on Tuesday...

Posted by Investing_Bursa > 2021-01-29 21:37 | Report Abuse

Another source confirms that Iris put in the bid through a consortium, in which S5 Systems Sdn Bhd is a party. S5 Systems is owned by S5 Holdings Inc, in which MyEG Services Bhd has a 10% equity interest.

S5 Holdings is currently the target of a reverse takeover by Ancom Logistics Bhd.

lee_m2020

4,770 posts

Posted by lee_m2020 > 2021-01-29 21:59 | Report Abuse

too scary until IRIS release any statements regarding the role of S5

Mikewg

29 posts

Posted by Mikewg > 2021-01-29 22:03 | Report Abuse

@Investing_bursa... maybe you are right as this article as below has proof what you said:

https://www.theedgemarkets.com/article/newsbreak-iris-myeg-front-runnes-niis

Mikewg

29 posts

Posted by Mikewg > 2021-01-29 23:15 | Report Abuse

The consortium is between myeg, htpadu and S7 instead of Iris....

Posted by birkincollector > 2021-01-30 09:10 | Report Abuse

NIIS awarded to Iris wholly-owned subsidiary....so nothing to do with s5....unless iris talk to s5 afterwards

Mikewg

29 posts

Posted by Mikewg > 2021-01-30 09:30 | Report Abuse

Yes... that’y i said the consortium is between myeg, htpadu and S7. Now Iris got the contract, they can co-operate with anybody like dsonic, myeg or S7. What i concern is, without NIIS contract, what is the reason for S7 to continue perform RTO with ancomlb since the need to incur additional cost for listing...

Posted by Investing_Bursa > 2021-01-30 09:40 | Report Abuse

Iris has tendered and awarded using S5 biometric solutions. They will award this to them. It's a win -win solution

Posted by Investing_Bursa > 2021-01-30 10:01 | Report Abuse

If you understand the tender documents, all parties that bidded used the S5 biometrics solutions. So no matter who wins the contracts , S5 is still a winner .

Mikewg

29 posts

Posted by Mikewg > 2021-01-30 11:11 | Report Abuse

Thank you for your info... i am appreciated on it...

Posted by T800Terminator > 2021-01-30 13:43 | Report Abuse

The most important is, Gov already kick start NIIS project. Revenue will flow into related parties who have the patented proprietary. S5 is one of them. That’s will it goes up follow the trend.

Posted by T800Terminator > 2021-01-30 13:43 | Report Abuse

Next catalyst is RTO successful.

Posted by T800Terminator > 2021-01-30 13:44 | Report Abuse

I’m waiting to buy in 2nd batch after RTO announcement.

Aurora13

563 posts

Posted by Aurora13 > 2021-01-30 16:52 | Report Abuse

Interesting info, it now makes sense as to why amcomlb price seems to hook with iris for the past weeks, even yesterday when iris know the award internally and share price rises, amcomlb follows suits but not myeg whatsoever. Guess there seems to be a dotted link between both

Aurora13

563 posts

Posted by Aurora13 > 2021-01-30 16:53 | Report Abuse

Plus, I doubt this mega project 1b go solely to one single loss making company, maybe iris won but other companies are involved together

VenFx

14,784 posts

Posted by VenFx > 2021-01-30 19:18 | Report Abuse

There is rumours 2 months before, market has heard iris will be the successor in Niis bid.
However, does that mean Ancomlb will losts its shine ?

Betting on the RTO for S5 holding, I bet Ancomlb still can benefit from the kick start of Niis project by iris.
By seeing the chart pattern from both iris & ancomlb since yesterday morning before news out, you can tell insiders has already kick in rite B4 the news

Games on .
Let's look for 0.600 and max out beyond

VenFx

14,784 posts

Posted by VenFx > 2021-01-30 19:23 | Report Abuse

I'm agree to Aurora13
And Investing_Bursa points of view.

Let the Niis lift the tide for the whole chain value.

Abang1975

17 posts

Posted by Abang1975 > 2021-01-30 19:58 | Report Abuse

RTO at share price RM1 (semalam mimpi)...

Kimly2

587 posts

Posted by Kimly2 > 2021-01-31 10:01 | Report Abuse

ME: Portfolio even cant enter Top 1000 year 2020
Thx ponbibi for us ya!! haha...



VenFx So what
Your platform kah

I love talk siok , does that border you ?
I will say i buy every single huge up stock
30/01/2021 2:43 PM

meisarel

592 posts

Posted by meisarel > 2021-01-31 14:36 | Report Abuse

Moving in tandem with Iris in a deep red market last Friday. Hmmm....

cchong86

21 posts

Posted by cchong86 > 2021-01-31 14:39 | Report Abuse

Technically, IRIS will go to 60-80 cents in the near-term.

charlie chia

2,149 posts

Posted by charlie chia > 2021-01-31 15:10 | Report Abuse

Hope that RTO will materialise asap

VenFx

14,784 posts

Posted by VenFx > 2021-01-31 20:53 | Report Abuse

Silently
Which is good for tomorrow

omega

494 posts

Posted by omega > 2021-01-31 21:34 | Report Abuse

@VenFx... esok kan Wilayah Day... another off day lorr... sabar...

iswara

896 posts

Posted by iswara > 2021-02-01 00:50 | Report Abuse

I dream the up....I dream the up....
It drop I wake up.....It drop I wake up.....

Posted by Trader1810 > 2021-02-01 05:07 | Report Abuse

right time to buy ancomlb?

happyboy

147 posts

Posted by happyboy > 2021-02-01 08:35 | Report Abuse

pls think back who is the director of alb n also dun forget tus news

https://www.thevibes.com/articles/news/11037/muhyiddins-son-in-laws-shadow-looms-over-rm1.2-bil-immigration-project

Kimly2

587 posts

Posted by Kimly2 > 2021-02-02 10:49 | Report Abuse

Ouch.... this u means for today~Tuesday???



Posted by VenFx > Jan 31, 2021 11:44 PM | Report Abuse

Oops
Hahaha ! Cant wait for Tuesday

KINGCOBRA

550 posts

Posted by KINGCOBRA > 2021-02-02 15:04 | Report Abuse

been trapped at 44s!

iamismail

947 posts

Posted by iamismail > 2021-02-02 16:09 | Report Abuse

Good price to enter now

VTrade

2,434 posts

Posted by VTrade > 2021-02-02 17:42 | Report Abuse

Happy 2.2

VTrade

2,434 posts

Posted by VTrade > 2021-02-02 17:43 | Report Abuse

Tool very important to choose

lee_m2020

4,770 posts

Posted by lee_m2020 > 2021-02-02 20:04 | Report Abuse

IRIS sole ... but other companies could start communicate with IRIS  i guess??
-----
The Project was awarded to IITS as the sole recipient on 29 January 2021.
 
The Company shall make necessary announcements as appropriate should there be any material information in accordance with ACE Market Listing Requirements.
 
This announcement is dated 2 February 2021.

VTrade

2,434 posts

Posted by VTrade > 2021-02-02 23:02 | Report Abuse

In term logistic in ace, ancomlb is better.

Iris got inner news?

VTrade

2,434 posts

Posted by VTrade > 2021-02-02 23:06 | Report Abuse

Iris might just goreng o.... macam no isi ler...

iamismail

947 posts

Posted by iamismail > 2021-02-03 16:43 | Report Abuse

Looks like ancomlb and iris price corelated.
Both bottom fishing already. Might see some movement starting tommorow.
Just watch out.

Newtradee

24 posts

Posted by Newtradee > 2021-02-03 17:47 | Report Abuse

the price movement of Ancomlb is uncannily similar to iris. Will it continue be like that?

KINGCOBRA

550 posts

Posted by KINGCOBRA > 2021-02-04 11:57 | Report Abuse

Holland liao loohhhh

limitupmeh

1,352 posts

Posted by limitupmeh > 2021-02-04 14:55 | Report Abuse

IRIS tender gov dari dulu. No need to worries

henrychin

60 posts

Posted by henrychin > 2021-02-04 18:26 | Report Abuse

Gone already with no hope.

SIQ555

174 posts

Posted by SIQ555 > 2021-02-07 22:37 | Report Abuse

Based on current directors/shareholders, this counter has solid prospective...looking forward...

funbeh94

21 posts

Posted by funbeh94 > 2021-02-08 21:42 | Report Abuse

any one gt news about the status of RTO?

khtann

34 posts

Posted by khtann > 2021-02-09 14:48 | Report Abuse

moving ?

Posted by Investing_Bursa > 2021-02-09 16:24 | Report Abuse

Buy in

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