ANCOM NYLEX BERHAD

KLSE (MYR): ANCOMNY (4758)

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Last Price

1.02

Today's Change

-0.01 (0.97%)

Day's Change

1.00 - 1.03

Trading Volume

1,886,400


5 people like this.

2,231 comment(s). Last comment by mf 2 days ago

nowayout

70 posts

Posted by nowayout > 2020-10-28 19:08 | Report Abuse

Result improved and giving dividend..
I believe Q2 shud b good also...if maintain dividend policy I think will very soon will b gem...

Des2003

156 posts

Posted by Des2003 > 2020-10-31 15:18 | Report Abuse

MAjor shareholder was selling to take profit ??

nowayout

70 posts

Posted by nowayout > 2020-11-05 10:00 | Report Abuse

I juz realize once dividend ex Ancom price won’t adjust bec is giving AncomLB as dividend.Based on current market price of Ancom n Ancomlb it is ard 4-5%...better than bank FD....hahaha

yizzy

171 posts

Posted by yizzy > 2020-11-05 23:13 | Report Abuse

if it really go higher, how about the wb? now the wb price only .215, exercise ratio 1:1... which mean still have a room ti growth?

springbok

46 posts

Posted by springbok > 2020-11-09 18:49 | Report Abuse

once the volume pickup,the price of this share will fly.

PassBy

146 posts

Posted by PassBy > 2020-11-17 10:06 | Report Abuse

zzZ...

starc30

44 posts

Posted by starc30 > 2020-11-17 17:03 | Report Abuse

Ya zzz.......

99newbie

238 posts

Posted by 99newbie > 2020-11-17 19:17 | Report Abuse

did you all receive the ANCOMLB share?

jlong23

199 posts

Posted by jlong23 > 2020-11-18 14:39 | Report Abuse

The bonus ALB shares shall be credited into your account 4Dec.

jlong23

199 posts

Posted by jlong23 > 2020-11-18 14:42 | Report Abuse

ALB's book value on Ancom's book is only 5 sen, the ex-price should theoretically be adjusted half sen only (5 sen divide by 10). But because Bursa adjusted using market price of ALB (37.5 sen divide 10 = 4 sen), Ancom's price has been over-adjusted by 3.5 sen. This bigger discount offers a good buying opportunity before the next wave up, let's watch and see

99newbie

238 posts

Posted by 99newbie > 2020-11-19 18:57 | Report Abuse

they written 16 Nov after 5pm, why need to wait half mth more

steven rt

190 posts

Posted by steven rt > 2020-11-23 11:17 | Report Abuse

Any idea when quarter results out? End of this month?

99newbie

238 posts

Posted by 99newbie > 2020-11-23 11:20 | Report Abuse

will be Jan21, their qr for the mth 2,5,8,11

jlong23

199 posts

Posted by jlong23 > 2020-11-24 12:09 | Report Abuse

Collection mode now :)

steven rt

190 posts

Posted by steven rt > 2020-12-01 10:04 | Report Abuse

Has anyone received the Ancom Logis bonus shares?

99newbie

238 posts

Posted by 99newbie > 2020-12-02 06:41 | Report Abuse

no yet

Posted by Samuel Devadasan > 2020-12-04 07:41 | Report Abuse

Jlong23.........so will we be receiving the bonus ALB shares today. Thanks

cuhar

95 posts

Posted by cuhar > 2020-12-04 14:53 | Report Abuse

still have not received ALB bonus shares in specie .
is it possible company defaulted in this bonus

Des2003

156 posts

Posted by Des2003 > 2020-12-05 22:51 | Report Abuse

It will probably only reflected in our CDS Acct on next Mon

JustinLong

199 posts

Posted by JustinLong > 2020-12-06 20:54 | Report Abuse

Hextar uptrend on agrochem theme. Ancom the next to follow?

dasan784

123 posts

Posted by dasan784 > 2020-12-07 09:37 | Report Abuse

Thanks ANCOM and sifu CALVIN as i have received my free ALB shares today and i plan to keep for long term gain. To all other sifus also a big thank you.

Posted by savingprivateryan > 2020-12-16 17:40 | Report Abuse

After lunch boost, what's the story?

JustinLong

199 posts

Posted by JustinLong > 2020-12-17 17:09 | Report Abuse

Consecutive three days uptrend with increasing volume. Something material coming?

Peace99

2,264 posts

Posted by Peace99 > 2020-12-17 20:55 | Report Abuse

@kakibursa thanks for the Malay mail news! Looks like CEO Lee, supported by Wong, has good big plan for growth, so will keep my investment!

JustinLong

199 posts

Posted by JustinLong > 2020-12-18 16:17 | Report Abuse

I foresee another day of closing green, foreign funds started to buy into this regional player with a hidden value of at least more than half a billion worth of the agrochem unit.

nowayout

70 posts

Posted by nowayout > 2020-12-20 19:46 | Report Abuse

Recent increase in price during market close..What might be the reason behind?
1. Sharp increase in palm oil price?Plantation is heavy user for Ancom crop care products..
2. Lately It was a block crossed at RM0.82 if checked back the DBT transactions..Rumors said it was crossed by a big fund house and fund house is increasing their stake...if this is real I think Ancom price can easily move to RM1.00 b4 end of December since the base is so small.In addition,a well know fund house acquired will gain other fund house attention.
3. Could it be company delivery good results and hence lead the buying interests?
Things are getting interested.....

PassBy

146 posts

Posted by PassBy > 2020-12-21 17:02 | Report Abuse

Everyday up a bit. Good...

KakiBursa

156 posts

Posted by KakiBursa > 2020-12-21 22:19 | Report Abuse

The momentum is building & getting stronger and stronger dy!... Keep going!...

Posted by GoldenShare > 2020-12-21 22:22 |

Post removed.Why?

JustinLong

199 posts

Posted by JustinLong > 2020-12-24 11:02 | Report Abuse

https://themalaysianreserve.com/2020/12/24/ancom-sees-growth-on-better-agrochemical-active-ingredients-demand/

Strong hints from the management that the agrochem unit would outperform once again.

KakiBursa

156 posts

Posted by KakiBursa > 2020-12-24 15:11 | Report Abuse

The momentum is building up & getting stronger and stronger day by day!... Keep going!...

KakiBursa

156 posts

Posted by KakiBursa > 2020-12-25 14:53 | Report Abuse

Flyyying very soon!...

turtleking

397 posts

Posted by turtleking > 2020-12-28 10:01 | Report Abuse

nice ancom! gogogog

Posted by Luckywhitecat > 2020-12-28 10:56 | Report Abuse

Thank you sifu calvin

turtleking

397 posts

Posted by turtleking > 2020-12-29 10:06 | Report Abuse

what happen to ancom?

JustinLong

199 posts

Posted by JustinLong > 2020-12-29 15:44 | Report Abuse

Any price below RM1 will be considered cheap in 2 weeks' time. Today will be another strong closing because a few big investors have already been briefed on the coming good results and turnaround story.

Discount price for mother share: below RM1
Discount price for warrant: below RM0.40

JustinLong

199 posts

Posted by JustinLong > 2020-12-30 15:58 | Report Abuse

Hello RM1~~~

KakiBursa

156 posts

Posted by KakiBursa > 2020-12-30 16:43 | Report Abuse

yes broke 1.01 dy

Posted by Luckywhitecat > 2020-12-30 20:00 | Report Abuse

Tq calvin still holding at 0.75 cts and all the free bonuses.. wa and alb .

KakiBursa

156 posts

Posted by KakiBursa > 2020-12-31 11:05 | Report Abuse

having strong resistance at 1.01, once break this resistance... it may flyyy...

turtleking

397 posts

Posted by turtleking > 2020-12-31 14:40 | Report Abuse

1.02 can break?

JustinLong

199 posts

Posted by JustinLong > 2020-12-31 15:46 | Report Abuse

Should be closing green later as investors are aware of upcoming rally for Ancom in year 2021.

Definitely keep an eye for Ancom in Jan 2021.

KakiBursa

156 posts

Posted by KakiBursa > 2020-12-31 16:10 | Report Abuse

hohoho... gogogo Ancom!

turtleking

397 posts

Posted by turtleking > 2021-01-02 16:39 | Report Abuse

Everyone so quiet here

JustinLong

199 posts

Posted by JustinLong > 2021-01-03 22:38 | Report Abuse

ANCOM: positive factors for JAN 2021

1) NIIS impending award.
Whoever wins the contract, S5 gets 60-70% of project revenue as main con/back-end support. ALB progresses with Share Sale Agreement with S5. RTO to be completed.

2) AGROCHEM Super Bull Run - CPO rally beneficiary
With Crude Palm Oil prices rallying to RM3,600 and no signs of stopping, Ancom's subsi Ancom Crop Care is a direct beneficiary of high CPO prices as palm oil plantations spend more on estate management to improve yield. Herbicides sales are at all time high even surpassing year 2018-2019 pre-covid.

3) Turnaround in Nylex
Nylex was loss-making past 2 years due to downtrend in Methanol prices. Now that the commodity bull is in full swing, everything from soybean to CPO to Methanol have been appreciating in price. Nylex manufacturing have always been profitable especially Ethanol (for sanitizer). Once trading division turnaround, Ancom will see a positive contribution from Nylex.

Turnaround story may carry the stock to RM1.30++
NIIS award will give a turbo boost of extra 30 sen possibly (refer to when HOA was announced with S5)

Happy New Year and Happy Investing!

Posted by ChongLeeWoon > 2021-01-13 00:01 | Report Abuse

Break out RM1 anytime now...

KakiBursa

156 posts

Posted by KakiBursa > 2021-01-13 09:52 | Report Abuse

Just broke RM1.03 this morning... hovering around 1.01/1.02

KakiBursa

156 posts

Posted by KakiBursa > 2021-01-13 15:33 | Report Abuse

wow3 going to break RM1.10... new record high is coming

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