ANCOM NYLEX BERHAD

KLSE (MYR): ANCOMNY (4758)

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Last Price

0.965

Today's Change

+0.035 (3.76%)

Day's Change

0.935 - 0.97

Trading Volume

1,983,200


5 people like this.

2,129 comment(s). Last comment by klkk 3 weeks ago

Posted by zypherhea > 2022-02-24 16:36 | Report Abuse

epic come back woh! tend tit lai! closing green ah

troy88

1,424 posts

Posted by troy88 > 2022-02-24 16:56 | Report Abuse

Yes, both mother Ancom and son Nylex did a V shape recovery

klkk

289 posts

Posted by klkk > 2022-02-24 20:29 | Report Abuse

Luckily I kept my cool and didn't join the panic throwing.... In fact, managed to get a few lots during the sales.

JustinLong

199 posts

Posted by JustinLong > 2022-02-24 21:59 | Report Abuse

This "war" situation sent crude oil prices up, which benefits Nylex's PETROCHEM biz which is consolidated under Ancom now as the acquisition is completed.

Furthermore, FCPO palm oil just breached a new high of RM7k per mt (WOW!!!) which hugely benefits the AGROCHEM core biz of Ancom.

This explains the crazy rebound from 3.6+ to close green at RM4 today, because smart money and big money know very well Ancom just got a pair of twin-turbos added to their growth engine.

RM5 here we come.

PureBULL ...

2,180 posts

Posted by PureBULL ... > 2022-02-26 03:01 | Report Abuse

BUY WHAT MR MKT WANTS TO PLAY UP
for potential gain of up to 1 bagger, n at times 2 baggers.

The greatest stocks in
1) Last cycle were : GENETEC, KOBAY, SAM
+ hongseng
2) This 1st cycle of 2022 would be :
MSC, PMBTECH, ANCOM
+ EPMB ?, go small for low priced stock

JustinLong

199 posts

Posted by JustinLong > 2022-02-28 10:13 | Report Abuse

This counter cannot wait to buy.

Must buy then wait. Better things coming very very soon.

winetime

358 posts

Posted by winetime > 2022-02-28 15:15 | Report Abuse

RM 5 At least ?

PureBULL ...

2,180 posts

Posted by PureBULL ... > 2022-03-04 12:18 | Report Abuse

PALM OIL theme.play came from no way, probably has reached its top of this wonderful wave A.
PT leading to an IM could be the next activities.

Like glove, palm oil is a huge sector that requires tonnes of money to play up.

Lucifer999

602 posts

Posted by Lucifer999 > 2022-03-04 12:21 | Report Abuse

Already reflected the surge in CPO prices, so more downside than upside in the coming days i think

Jokers2020

1,884 posts

Posted by Jokers2020 > 2022-03-05 17:39 | Report Abuse

CPO price on the downtrend...get ready for Plantation retracement

newuser999

181 posts

Posted by newuser999 > 2022-03-07 10:23 | Report Abuse

resistance 4.05

Michael Kwok

4,264 posts

Posted by Michael Kwok > 2022-03-07 21:01 | Report Abuse

Sell ancom 3.75-3.85.8 times upward without major correction.Suspect will tank below rm 3 with worst case scenario near rm 2.

newuser999

181 posts

Posted by newuser999 > 2022-03-07 23:37 | Report Abuse

On behalf of the Board of Directors of Ancom (?Board?), Kenanga Investment Bank Berhad wishes to announce that the Company proposes to undertake the following:



(i) proposed distribution of up to 18,356,515 ordinary shares in Nylex (Malaysia) Berhad (?Nylex?) (?Nylex Shares?) by way of dividend-in-specie to the shareholders of the Company on the basis of 1 Nylex Share for every 20 ordinary shares in Ancom (?Ancom Shares?) held by shareholders of the Company whose names appear in the Record of Depositors of the Company on an entitlement date to be determined and announced by the Board at a later date (?Proposed Dividend-In-Specie?); and



(ii) proposed share split involving the subdivision of every 1 existing Ancom Share held by shareholders of the Company whose names appear in the Record of Depositors of the Company on an entitlement date to be determined and announced by the Board at a later date into 3 Ancom Shares (?Proposed Share Split?).

notrealBoo

128 posts

Posted by notrealBoo > 2022-03-08 20:16 | Report Abuse

ESOS at RM0.765?

thundery

190 posts

Posted by thundery > 2022-03-09 10:34 | Report Abuse

Employee all millionaires now

newuser999

181 posts

Posted by newuser999 > 2022-03-11 14:57 | Report Abuse

Expect coming 3Q breaks net profit 15 mil. Management and top shareholder own ~73% ordinary shares (Year 2021). Share price can be easily to push above RM 5.00.

newuser999

181 posts

Posted by newuser999 > 2022-03-15 16:26 | Report Abuse

breaks 50 MA. Support 3.31, 3.14, 2.92

2Invest

51 posts

Posted by 2Invest > 2022-03-17 18:27 | Report Abuse

Dear All Sifus here;

Any of you has calculated intrinsic value of Ancom? How much it worth? Mind to share? Thank you

lewis3333

34 posts

Posted by lewis3333 > 2022-03-18 10:03 | Report Abuse

RM4

JustinLong

199 posts

Posted by JustinLong > 2022-03-21 15:29 | Report Abuse

Show time.

SpencerW

21 posts

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!

Icon 888

1,524 posts

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

Upside limited.. down side unlimited

JustinLong

199 posts

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

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

troy88

1,424 posts

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

Rested enough already. Time for the next surge..

Rider

115 posts

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 ? !!!

neonstrife

456 posts

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.

newuser999

181 posts

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

support 3.59

krish52

245 posts

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.

klkk

289 posts

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

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

klkk

289 posts

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!

lewis3333

34 posts

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

rm3-29 byebye

Rider

115 posts

Posted by Rider > 2 months ago | Report Abuse

EGM ok this morning?

Posted by nasilemak5 > 2 months ago | Report Abuse

3 to re-enter and game start again

JustinLong

199 posts

Posted by JustinLong > 2 months ago | 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.

JustinLong

199 posts

Posted by JustinLong > 2 months ago | 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 > 2 months ago | 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 ?

lewis3333

34 posts

Posted by lewis3333 > 2 months ago | Report Abuse

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

Posted by RobertLim > 2 months ago | Report Abuse

Thanks Lewis!

roger3210

4,425 posts

Posted by roger3210 > 2 months ago | Report Abuse

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

calvintaneng

47,679 posts

Posted by calvintaneng > 1 month ago | 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

SpencerW

21 posts

Posted by SpencerW > 1 month ago | 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...

Mkttalk

40 posts

Posted by Mkttalk > 3 weeks ago | Report Abuse

Good results . Why no dividend?

Michael Kwok

4,264 posts

Posted by Michael Kwok > 3 weeks ago | Report Abuse

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

klkk

289 posts

Posted by klkk > 3 weeks ago | Report Abuse

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

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