Posted by JustinLong > 2022-02-23 11:04 | Report Abuse

Welcome ANCOM to the Billion Ringgit Club.

Just crossed RM1b market cap. Let's see if bigger funds such as EPF etc would invest into this Bursa gem.

Exciting times ahead. Stay invested, hodl and watch this stock of the year perform.

Posted by troy88 > 2022-02-23 11:20 | Report Abuse

Well done Ancom. Congrats to all who are still holding on to this gem. No hype just a good stock

Posted by gkent2000 > 2022-02-23 14:33 | Report Abuse

Continue go go go go~~~~~

Posted by zypherhea > 2022-02-23 16:28 | Report Abuse

wah.. huat ahhh!!

Posted by troy88 > 2022-02-23 16:42 | Report Abuse

Ancom will continue to power on..

Posted by zypherhea > 2022-02-24 09:13 | Report Abuse

4.50 soon

Posted by troy88 > 2022-02-24 09:26 | Report Abuse

Congrats on another milestone. Well done!

Posted by newuser999 > 2022-02-24 16:29 | Report Abuse

ancom is splendid! 4.08 -> 3.65 -> 3.93

Posted by troy88 > 2022-02-24 16:34 | Report Abuse

Rebound power is damn strong. Weak holders flushed out

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

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

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

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

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.

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.

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.

Posted by winetime > 2 months ago | Report Abuse

RM 5 At least ?

Posted by JustinLong > 2 months ago | Report Abuse

FCPO breaking new high, and now labour shortage issues at plantations continue to improve as foreign labor are brought in. Plantations will be more effective in applying agrochemicals to boost their yields for better income = more sales for Ancom

Posted by PureBULL ... > 2 months ago | 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.

Posted by Lucifer999 > 2 months ago | Report Abuse

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

Posted by Jokers2020 > 2 months ago | Report Abuse

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

Posted by newuser999 > 2 months ago | Report Abuse

resistance 4.05

Posted by Michael Kwok > 2 months ago | 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.

Posted by newuser999 > 2 months ago | 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?).

Posted by PureBULL ... > 2 months ago | Report Abuse

ANCOM:
Proposed 1:20 free Nylex shares n
Split 3:1

All NYLEX shares r swapped into ANCOM shares + some cash payment.
Today NYLEX becomes a pure shell PLC = awaiting for take over by others.

NB : this is big time war. nobody knows best i.e. why there r lots of selling due to extreme fear.

being over sold on a prolong period, could mean a rebound can happen soon or whatever.
it's a news flow driven mkt.
FACT, Investing life goes on in all countries except u know where.

Posted by notrealBoo > 2 months ago | Report Abuse

ESOS at RM0.765?

Posted by thundery > 2 months ago | Report Abuse

Employee all millionaires now

Posted by newuser999 > 2 months ago | 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.

Posted by newuser999 > 2 months ago | Report Abuse

breaks 50 MA. Support 3.31, 3.14, 2.92

Posted by 2Invest > 2 months ago | Report Abuse

Dear All Sifus here;

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

Posted by lewis3333 > 2 months ago | Report Abuse

RM4

Posted by JustinLong > 2 months ago | Report Abuse

Show time.

Posted by SpencerW > 2 months ago | 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 > 2 months ago | Report Abuse

Upside limited.. down side unlimited

Posted by JustinLong > 1 month ago | Report Abuse

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

Posted by troy88 > 1 month ago | Report Abuse

Rested enough already. Time for the next surge..

Posted by Rider > 1 month ago | 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 > 1 month ago | Report Abuse

No more show time recently.

Posted by nasilemak5 > 1 month ago | Report Abuse

End of the year RM5 ? !!!

Posted by neonstrife > 1 month ago | 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 > 1 month ago | Report Abuse

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

Posted by newuser999 > 1 month ago | Report Abuse

support 3.59

Posted by krish52 > 1 month ago | 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 > 1 month ago | Report Abuse

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

Posted by klkk > 1 month ago | 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 Shanacc > 1 month ago | Report Abuse

Keep calm y so many panic sell..rm5 road to go

Posted by lewis3333 > 2 weeks ago | Report Abuse

rm3-29 byebye

Posted by Rider > 1 week ago | Report Abuse

EGM ok this morning?

Posted by Shanacc > 1 week ago | Report Abuse

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

Posted by nasilemak5 > 3 days ago | Report Abuse

3 to re-enter and game start again