Posted by SpencerW > 2022-03-27 19:10 | Report Abuse

Completion of the disposal of its tank farm in Vietnam gives Ancom a RM20.5m gain on disposal. Extra profits to be reported!

Posted by Icon 888 > 2022-03-29 23:44 | Report Abuse

Upside limited.. down side unlimited

Posted by JustinLong > 2022-04-05 22:00 | Report Abuse

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

Posted by troy88 > 2022-04-06 09:47 | Report Abuse

Rested enough already. Time for the next surge..

Posted by Rider > 2022-04-15 11:43 | Report Abuse

Is the soon to announce quarterly results going to excite the market? I have a feeling it's a roar!

Posted by nasilemak5 > 2022-04-20 14:23 | Report Abuse

No more show time recently.

Posted by nasilemak5 > 2022-04-20 14:24 | Report Abuse

End of the year RM5 ? !!!

Posted by neonstrife > 2022-04-21 10:04 | Report Abuse

Ancom Nylex Q3 FY22 revenue rose 31.0pc YoY to RM510.0mil

KUALA LUMPUR: Ancom Nylex Bhd (ANB) posted a revenue of RM510.0 million for the third quarter (Q3) ended 28 February 2022 (FY22), a surge of 31.0 per cent year-on-year (YoY) from RM389.2 million last year.

In tandem with the higher turnover, net profit doubled YoY to RM15.1 million for Q3 from RM7.1 million in the same quarter of FY21.

For Q3, the agricultural chemicals (Agrichem) segment reported revenue of RM98.2 million, improving by 15.5 per cent YoY.

The industrial chemicals division reported revenue of RM371.9 million for Q3 FY22, improving from RM262.5 million last year.

Managing director and group chief executive officer Lee Cheun Wei said the sustained growth momentum was mainly supported by the agrichem division, which saw an increase in orders from export markets and Malaysia.

"Plantation operators worldwide have been working hard to fulfil the rising food demand, indirectly resulting in the surge in herbicide prices.

"Moreover, the two new agrichem active ingredients rolled out earlier have also contributed to our bottom-line increase," he said in a statement today.

Looking ahead, Lee said the company remains upbeat on its agrichem business prospects following visits to key export markets in recent months.

"Overall, we anticipate demand from countries such as Thailand, Brazil, and Malaysia to increase.

"Meanwhile, ANB faced growth momentum for the industrial chemicals arm with some headwinds in the Q3 of FY22.

"Nevertheless, we believe the division's performance will be better over the coming periods as prices for petrochemical products are currently trading at higher levels than their historical averages," he said.

For the nine-month (9M) of FY22, ANB's top line increased 32.5 per cent YoY to RM1.45 billion.

Net profit jumped 122.0 per cent YoY to RM36.3 million for the period compared to RM16.3 million in 9M FY21.

Posted by nasilemak5 > 2022-04-22 12:38 | Report Abuse

Sell on news. let's wait for the next adjustment.

Posted by newuser999 > 2022-04-22 16:35 | Report Abuse

support 3.59

Posted by krish52 > 2022-04-26 08:40 | Report Abuse

the whole issues on nylex and ancom are quite complicated for now. hope everything will be fine and good foe everyone.

Posted by klkk > 2022-04-26 11:45 | Report Abuse

@krish52 Huh! What went wrong in Ancom? Please share with us.

Posted by klkk > 2022-04-26 12:37 | Report Abuse

B4 the qtr result announced I had been queueing to buy the warrants at 2.70 - 2.75 for almost 3 weeks but couldn't get any. Now with the good results announced suddenly I could get cheaper... I bought yesterday at average 2.60. But today even cheaper!

Posted by lewis3333 > 2022-05-09 17:26 | Report Abuse

rm3-29 byebye

Posted by Rider > 2022-05-20 12:34 | Report Abuse

EGM ok this morning?

Posted by Shanacc > 2022-05-20 19:49 | Report Abuse

https://www.klsescreener.com/v2/announcements/view/3551077

Posted by nasilemak5 > 2022-05-25 16:57 | Report Abuse

3 to re-enter and game start again

Posted by JustinLong > 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.

Posted by JustinLong > 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 :)

Posted by RobertLim > 2022-06-02 14:47 | Report Abuse

It was RM3.15 yesterday and now it is RM1.09 due to the share spilt. But why was my share unit still the same in Rakuten ? I'm currently suffering 65% lossess in Rakuten. Can anyone please advise why ?

Posted by lewis3333 > 2022-06-02 15:07 | Report Abuse

no worry, the remain share split will credit to u 2morow, can trade on next tuesday!!

Posted by RobertLim > 2022-06-02 15:56 | Report Abuse

Thanks Lewis!

Posted by roger3210 > 2022-06-03 15:56 | Report Abuse

many ppl will sell when they got the shares on next tuesday, be extra careful !

Posted by calvintaneng > 2022-06-14 18:25 | Report Abuse

sunnyspoon

The boss keep buying at low what will happen next in his mind ??????????????????????

10 minutes ago


calvintaneng

Boss bought 500,000 shares at Rm1.215 more than Rm600,000 per day everyday day for many many months non stop means he will buy Tsh up from Rm1.21 to Rm1.79 again and then higher

He never stop could mean he buying all the way to reach Rm3.00

Ancom boss bought all the way from 60 sen to over Rm3.00 non stop so we see Tsh boss doing the same

Posted by SpencerW > 2022-06-28 17:05 | Report Abuse

Game on?

'White knight' to take over the major contractor of JB-Singapore RTS
Link://www.theedgemarkets.com/article/wee-white-knight-take-over-major-contra...

Posted by Mkttalk > 2022-07-19 10:08 | Report Abuse

Good results . Why no dividend?

Posted by Michael Kwok > 2022-07-19 18:28 | Report Abuse

Downgrade ancomnylex below 50 cents.
Price 87 cents.
Date 19/7/2022 6.28pm

Posted by klkk > 2022-07-19 21:43 | Report Abuse

@Michael Kwok, who downgraded AncomNylex to below 50 cents and please share where you read it.

Posted by mkmk > 2022-10-06 10:44 | Report Abuse

50 sen? RM1.50 bah….

Posted by newbie8080 > 2022-10-18 11:21 | Report Abuse

It's biggest revenue contributor which is the industrial chemical represents 70% of total revenue but only achieve 1.7% profit margin. A 10% drop in ASP due to weaker crude oil will likely push it to losses of more than 5%.

Whereas the agricultural chemical has a 14% profit margin but contributes only 30% of total revenue.
Preferably, the management should spin off the agrichemical biz to achieve better valuation via independent entity or IPO.

Posted by rulethemarket > 2022-10-18 12:06 | Report Abuse

looks like the boss bought for a reason

Posted by razifffff > 2022-10-30 20:12 | Report Abuse

Can this counter price up affect the price for nylex too??

Posted by klkk > 2022-10-31 22:59 | Report Abuse

万事俱备，只欠东风！with Qtr after Qtr of good results, good recommendations from funds/ research houses, so many times it looked like ready to surge but false alarm that many times...haiya, when is the "eastern wind" coming to this counter?

Posted by SmallCapAsia > 2022-11-02 11:34 | Report Abuse

Ancom Nylex is a stable and profitable stock to ride out the volatility. Check out more here: https://www.smallcapasia.com/7-stable-malaysia-stocks-for-nov-2022/

Posted by Raiz368 > 2022-12-20 14:23 | Report Abuse

Ancomny up, Nylex will up too..

Posted by taihai > 2 months ago | Report Abuse

price $1.05 n esos only 25.5c ???? who become as dumd investment ????

Posted by wallstreetrookieNEW > 2 months ago | Report Abuse

Another value company

Posted by wallstreetrookieNEW > 2 months ago | Report Abuse

Ancom + Nylex merger

Posted by wallstreetrookieNEW > 2 months ago | Report Abuse

RM20k buy in

Posted by wallstreetrookieNEW > 2 months ago | Report Abuse

Siew Ka Wei vs Ong Choo Meng vs Vincent Tan
Who will win in 2023?

Posted by wallstreetrookieNEW > 2 months ago | Report Abuse

Top up

Posted by wallstreetrookieNEW > 2 months ago | Report Abuse

Easy money here. Siew Ka Wei vs Ong Choo Meng

Posted by wallstreetrookieNEW > 2 months ago | Report Abuse

13x trailing PE

Posted by klkk > 2 months ago | Report Abuse

Ancom Nylex Berhad OUTPERFORM
A Proxy to Global Food Security Goal Price : RM1.16
Target Price : RM1.80
By Raymond Ng l ngiy@kenanga.com.my
We are initiating coverage on ANCOMNY with an OUTPERFORM call
and a TP of RM1.80 based on FY24F PER of 15x, which is at a 30%
discount to its larger international peers. We like ANCOMNY for it
being: (i) the largest herbicide active ingredients (AI) producer in
South-East Asia, (ii) a beneficiary of the widening ban on the
paraquat use, and (iii) a proxy to global food production and food security goal.

Posted by Engm100 > 1 month ago | Report Abuse

at critical resistance. can thru it?

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

yes

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

Siew Ka Wei is richer than Ong Choo Meng. The battle of Malaysian billionaires

Posted by Stocker > 1 week ago | Report Abuse

gogogo

Posted by Stocker > 1 week ago | Report Abuse

break 1.14 mou

Posted by mfa359 > 1 week ago | Report Abuse

Nice