Posted by limkokthye > 2019-01-09 18:54 | Report Abuse

zahid hamidi case link with myeg and datasonic, this case link with which ex-minister??? naxri??

Posted by fl888 > 2019-01-09 19:43 | Report Abuse

MCA wanita...

Posted by 840118874 > 2019-01-09 21:34 | Report Abuse

Hear said the financial results +++

Posted by johnbrooks > 2019-01-10 11:09 | Report Abuse

So the rm 100 mil from the malaysia tourisn to be used for campaigns went to Ancom media company Redberry is it? Is this why people selling today? Need to give back the money?

Posted by jackfruit > 2019-01-10 13:12 | Report Abuse

Crook company. No wonder always penny stock.

Posted by pang72 > 2019-01-10 18:59 | Report Abuse

Habis

Posted by Mamat_Win > 2019-01-18 15:53 | Report Abuse

can buy in ancom?

Posted by jlong23 > 2019-01-21 20:46 | Report Abuse

Q2 results out soon... will be better than last financial year Q2. Wait and see...

Posted by saltedfish > 2019-01-24 22:30 | Report Abuse

Q2 so so with higher borrowing. NTA reduced 4 sen. Tomorrow down

Posted by newbie1111 > 2019-01-24 22:30 |

Post removed.Why?

Posted by commonsense > 2019-01-25 09:50 | Report Abuse

If you go through the quarterly reports you can actually see that the main business of chemical is actually delivering in terms of profits and growth. Even for the most recent 2Q19 result which came out yesterday recorded a combine EBIT of RM23.6mil. But the main issue of this companies is its media and logistics businesses which failed to deliver any consistent profit to the group. Polymer normally delivers but for FY19 fell short due to the weak profit margin caused by the weak rupiah.

But the biggest worry is still the other businesses (IT, Education and electrical) which delivers very volatile results (which is parked under “Investment holdings & others”). The profit/loss ranges from RM1.1mil (in 3Q18. You have to add IT result as well since it was put under the “others” segment since 1Q19) to -RM12.5 mil (in the most recent quarter 2Q19). Based on the management comments it seems that this negative result will continue due to the very bad outlook from the IT division (which started to be loss making since FY15. Before it was still profitable). You can be sure that the 3Q and 4Q results would most probably be lower than last year’s.

If you are looking to diversify your portfolio outside of Ancom (due to its earnings uncertainties ) I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

FY19 growth will be driven by the still high demand of the new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company’s profit by an additional RM10mil to RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.9x PE.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analysts is around RM3.50.

Good luck.

Posted by jlong23 > 2019-01-30 23:32 | Report Abuse

Bottom fishing for people in the know hehe watch out for corp news coming soon

Posted by 840118874 > 2019-02-01 00:28 | Report Abuse

What is coming

Posted by Money122 > 2019-02-03 00:44 | Report Abuse

（吉隆坡25日讯）安康（ANCOM，4758， 主板工业股）截至去年11月杪次季，净利按年扬26.54%，报180万2000令吉或每股0.84仙。

安康向交易所报备，该公司次季营业额从去年4亿9773万1000令吉，上升9.59%至5亿4548万2000令吉。

文告表示，累积首6个月，安康净利比去年同期增长2.48倍，达882万令吉。

安康指出，工业部门营业额按年上涨，从去年3亿2670万令吉，涨到4亿270万令吉，归功于部分产品售价提高。

另外，媒体业务前景料充满挑战，归咎于疲弱的本地市场情绪。

管理层表示，将谨慎管理公司业务，并探索其他方法来提升营业额增长，同时增强该公司营运和生产效率。

Posted by bahai4453 > 2019-02-22 12:24 | Report Abuse

to Ancom with faith. A management team with full of credit. TP RM1.00 soon.

Posted by jlong23 > 2019-02-23 23:00 | Report Abuse

bahai4453, from where you infer the quality of management team?

Posted by bahai4453 > 2019-02-26 01:49 | Report Abuse

Good financial results ! By Hook or by Crook !

Posted by bahai4453 > 2019-02-26 01:58 | Report Abuse

jlong23 how you judge about the quality of the management team ?

Posted by jlong23 > 2019-02-27 14:53 | Report Abuse

Bahai, unless you know them if not hard to judge wor... Hearsay they gonna reduce stake in loss-making media biz soon. It will be beneficial for Ancom in short to medium term to stop supporting loss-making biz, save cash for profitable biz.

Posted by jlong23 > 2019-03-05 09:33 | Report Abuse

Going forward, reduce stake in loss-making media, recognize less loss on P&L.
Profitable biz such as agrochem will show true value of Ancom...

Posted by Money122 > 2019-03-09 08:44 | Report Abuse

安康次季净利扬27% - http://www.enanyang.my/news/20190126/安康次季净利扬27/ (Share from StockHunter)

Posted by Jasonlow > 2019-03-14 02:03 | Report Abuse

So fast and efficient already arrested 3 ppl

will charge on morning...............

Luckily, seems like no any listed company involve, is one illegal tyre shop ppl do this ..........


https://www.facebook.com/watch/?v=339455013363244

Posted by Jasonlow > 2019-03-14 02:04 | Report Abuse

https://www.sinchew.com.my/content/2019-03/13/content_2021753.html

Good news , Case Done so fast , no company involve, congraz all ......................

Posted by bahai4453 > 2019-04-12 23:16 | Report Abuse

why so quite at the eastern front? what is the reason they keep on buying back ? For what ? to cease the fall or to hold tight the share price.

Posted by bahai4453 > 2019-04-16 08:54 | Report Abuse

果条小贩还没做工 没人炒 没得吃！

Posted by jlong23 > 2019-04-26 20:48 | Report Abuse

Poor results due to Nylex side not doing well for this particular quarter, Ancom as holding co consolidate some losses. Just sold off loss-making media biz majority stake to Thai. Restructuring in progress to be continued...

Posted by Jeffreyteck > 2019-04-26 20:57 | Report Abuse

So much short term loans? Cheaper financing cost or sleeping management or no bankers dare to lend long?

Posted by Money122 > 2019-07-30 11:51 | Report Abuse

This QR good..going up?!!

Posted by Keyman188 > 2019-07-30 12:02 | Report Abuse

More important BOSS kaya....

At least can become top 30 richer man in Malaysia....

Posted by Jeffreyteck > 2019-10-29 18:22 | Report Abuse

Looks like no hope already with today's performance.

Posted by AllanTingAS > 2019-11-01 22:56 | Report Abuse

Worry, cause mother & son are having negative results!

Posted by tomwah > 2019-11-08 12:00 | Report Abuse

???? no trade today

Posted by jlong23 > 2019-12-02 12:23 | Report Abuse

Article on ANCOM in latest TheEdge weekly... page30

Posted by ibull > 2019-12-02 15:05 | Report Abuse

wow..when will unlock hidden RM500mil Ancom Crop Care S/B...which generated RM35mil net profit.. FY2019...hopefully soon.

Posted by lim1818 > 2019-12-03 20:37 | Report Abuse

if the ARTICLE is as true, the main shareholders would have just privatize the company as CCB announced recently via a SCR.

Posted by ibull > 2019-12-10 10:30 | Report Abuse

up up all the way....

Posted by Oreo Oreo > 2019-12-10 22:07 | Report Abuse

@jlomg23, do u mind sharing the article?

Posted by jlong23 > 2019-12-11 22:46 | Report Abuse

https://www.theedgemarkets.com/article/unlocking-ancoms-value

Posted by jlong23 > 2019-12-11 23:58 | Report Abuse

https://www.nst.com.my/business/2019/12/546949/agricultural-chemicals-segment-go-driving-ancoms-profits

Posted by jlong23 > 2019-12-11 23:59 | Report Abuse

https://www.nst.com.my/business/2019/12/546990/ancoms-herbicide-business-benefits-ongoing-us-china-trade-war

Posted by xiohai > 2019-12-12 09:15 | Report Abuse

160m turnover will not make money, putting time deposits is better than doing business

Posted by Jeffreyteck > 2019-12-12 14:54 | Report Abuse

....While most investors may be aware that Ancom produces and distributes industrial chemical products via its 48.95%-owned Nylex, many may not know that its wholly-owned Ancom Crop Care Sdn Bhd (ACC), which makes agricultural chemicals, is actually its most profitable business unit.... bullshit?

If so profitable, is already reflected in consolidated accounts as it is 100% owned.

Posted by jlong23 > 2019-12-12 16:48 | Report Abuse

Yup, also consolidate Nylex results and Nylex in downcycle so ACC results dragged down slightly

Posted by john doe > 2019-12-18 15:03 | Report Abuse

baby shark do do do...

Posted by jlong23 > 2019-12-31 22:31 | Report Abuse

Just announced resignation of Exec Director Dato Johari Razak. Good... Less politically-exposed person (PEP) on the board. Good direction for the company

Posted by Jeffreyteck > 2020-01-06 18:10 | Report Abuse

Unless speculative play to push up, and ongoing goreng by management on its subsidiaries potential (which actually was reflected in its bottom line), ST remains dim.

Posted by jlong23 > 2020-01-13 10:08 | Report Abuse

Strong technical chart coupled with profitable 100% subsi agrochem biz... continue uptrend

Posted by Wudishijimo > 2020-01-13 13:53 | Report Abuse

Lets see what’s the key takeaway in corporation presentation

Posted by Wudishijimo > 2020-01-13 15:15 | Report Abuse

Had been sold down alot just now, must be bad!

Posted by jlong23 > 2020-01-13 21:44 | Report Abuse

Wudishijimo, you attend their company presentation? How was it?