Posted by Zoopy2888 > 2021-11-15 11:40 | Report Abuse

price 2.82 is per unit price right?

Posted by Rider > 2021-11-17 23:49 | Report Abuse

It would be interesting to know who have bought the appox 30.5 million shares ( appx 12.5% of total shareholding) disposed off by one of the major shareholders (P&O Bhd) in less than a month's .period from Oct till 16/11/21. There's no announcement of new substantial shareholder(s) so far.

P&O shareholding was 45.35 mil shares (18.49%) on 27/10/21 now dropped to 14.93 mill shares (6.04%) on 16/11/21.

Posted by JustinLong > 2021-11-18 10:52 | Report Abuse

Chairman, CEO and long time Ancom shareholders took the 30m+ units off P&O.

Once retailers done selling due to mis-reading the news headlines, and with upcoming better quarters, time to fly past RM3.

Posted by Rider > 2021-11-18 17:07 | Report Abuse

Thanks a lot JustinLong.

Posted by JustinLong > 2021-11-30 09:56 | Report Abuse

https://www.sinchew.com.my/20211129/%e6%95%b4%e5%90%88%e8%80%90%e5%8a%9b%e6%96%af-%e5%ae%89%e5%ba%b7%e5%81%9a%e5%a4%a7%e5%8c%96%e5%ad%a6%e4%b8%9a%e5%8a%a1/

Sinchew report on Ancom.

Posted by SpencerW > 2021-11-30 17:30 | Report Abuse

Spiralling gas price is driving up ammonia and consequently fertiliser prices. Ancom Cropcare will benefit from this if this can be passed on to consumers.

There may be a shortages too.

https://blogs.worldbank.org/opendata/soaring-fertilizer-prices-add-inflationary-pressures-and-food-security-concerns

Hope Ancom (and Nylex) share prices will enjoy major reratings and upticks soon!

Posted by JustinLong > 2021-12-06 16:43 | Report Abuse

Super strong support to absorb all the weak sellers. Typical retail mindset to ciao when market is weakest.

Thank you for the tickets below RM2.50, see you all at RM4 soon :)

Posted by Icon 888 > 2021-12-08 02:41 | Report Abuse

Aiyoo.. dun believe Dato Siew.. ur turn limit down la.. dun pretending uptrend

Posted by Icon 888 > 2021-12-09 00:58 | Report Abuse

This one mesti lari dulu … chop ur head this few day

Posted by Rider > 2021-12-09 14:55 | Report Abuse

hahaha.. sounds like someone who sold cheap cheap to below RM2.50 few days ago and now regretted

Posted by boomkilikala > 2021-12-09 15:29 |

Post removed.Why?

Posted by jvjason5292 > 2021-12-13 10:31 | Report Abuse

hahahaa, always good for long term

Posted by cascade > 2021-12-13 15:16 | Report Abuse

https://www.theedgemarkets.com/article/ancom-set-propel-towards-historical-high-says-rhb-retail-research

Posted by stainlyho37 > 2021-12-14 15:57 | Report Abuse

u see 2.90 again later...watch out..!!

Posted by JustinLong > 2021-12-22 10:19 | Report Abuse

On to the next level, get ready!!

Posted by Rider > 2021-12-28 17:16 | Report Abuse

Thanks again, JustinLong. Very grateful to you.

Posted by cascade > 2021-12-28 18:49 | Report Abuse

https://www.theedgemarkets.com/article/ancom-diversifies-livestock-chemicals-business-rm24m-acquisition

Posted by cascade > 2021-12-28 18:53 | Report Abuse

Ancom's business diversified, good thing.

Posted by Skylight8 > 2021-12-28 21:54 | Report Abuse

be ready , tmr can jump 20% ady , haha mid term Rm4

Posted by PureBULL ... > 2021-12-29 10:30 | Report Abuse

ANCOM in this new CYCLE :
is 1st A1 Stock to go new.blue.sky n everything is nice, as the DJ sings...

https://www.theedgemarkets.com/article/ancom-diversifies-livestock-chemicals-business-rm24m-acquisition

☝️ Ancom’s experience, resources as well as extensive geographical footprint in more than 40 countries...

Posted by Skylight8 > 2021-12-29 14:02 | Report Abuse

wash wash wash , later easy fly up , hahaha

Posted by JustinLong > 2021-12-29 14:17 | Report Abuse

We cheers at RM3+ for the New Year.

Then we cheers at RM4+ for Chinese New Year! Hehe

Posted by cascade > 2021-12-29 17:25 | Report Abuse

Cheers! hahaha

Posted by JustinLong > 2022-01-03 09:29 | Report Abuse

Some may be happy with a rambutan-sized ang pow.

We go for the Musang King ultimate prize hehe

Posted by cascade > 2022-01-03 14:46 | Report Abuse

Yes let's go for bigger CNY angpow

Posted by mf > 2022-01-04 10:29 | Report Abuse

tp 3.60

Posted by mf > 2022-01-04 12:08 | Report Abuse

tp 4.20

Posted by mf > 2022-01-04 12:21 | Report Abuse

tp 4.20

Posted by Tibbers > 2022-01-04 15:17 | Report Abuse

Rm5 atleast :)

Posted by klkk > 2022-01-04 17:22 | Report Abuse

Very curious to know what's the catalyst that support the price hike. More acquisition or expecting announcement of huge quarterly result in Jan 22?

Posted by SpencerW > 2022-01-04 17:48 | Report Abuse

MyEG is reshuffling its shareholdings in S5 which is supposed to be injected into Ancom Logistics. Announced by MyEG on 31 Dec.

Probably exciting investors that the long awaited (since mid 2020) RTO will finally happen. Will create value for Ancom via its shares in Ancom Logistics. Good timing too as Nylex will be a listed shell soon and it will then buy the remaining small business in Ancom Logistics (announced in 2020 too). So Nylex shares will have value .... and who knows .... maybe there are other acquisitions lined up for Nylex?? The game goes on!

Plus, Nylex's sale of its tank farm in Vietnam should complete by end Feb 2022. That will realise a USD5m (RM20+ million) gain on disposal for Ancom/Nylex (as announced on 20 Aug 2021).

Plenty of good news lined up!

Posted by Michael Kwok > 2022-01-04 21:06 |

Post removed.Why?

Posted by JustinLong > 2022-01-10 15:18 | Report Abuse

In the context of tech sell-off, rising inflation, coupled with a risk-off mood for funds returning to value/quality, ANCOM is set to outperform once again for year 2022.

Among the many factors for ANCOM's continued bull run:
1) High growth within their niche agrochem sector (higher margins for niche products)
2) Being able to pass on rising input costs to customers (due to market dominant position)
3) Significant increase in volume demand from Malaysia and Thailand due to paraquat replacement

Next q results coming out very soon, any guesses if ANCOM will hit the highest ever level of profit for a single quarter?

Posted by JustinLong > 2022-01-10 16:19 | Report Abuse

I've done a simple simulation on Ancom's share performance, that it is possible to hit RM3.80 for 2022 alone before going to RM4++ looking forward to 2023.

Given estimate of RM45m PAT for full year,
Q1 announced PAT RM9m,
so remaining 3 quarters should add to RM36m if our estimate of RM45m is somewhat close.
RM36m over 3 quarters = avg of RM12m per quarter.
That is an impressive 33% qoq growth from Q1.

Let us watch and see if Ancom can deliver the numbers, and if investors deliver the buying support on the market.

https://klse.i3investor.com/blogs/ancom4758/2021-10-24-story-h15928591...

Posted by SpencerW > 2022-01-11 16:45 | Report Abuse

The gain on disposal of Nyex's tank farm in Vietnam alone will add RM20m+ to net profits. So RM45m for the current FY should be easily achievable.

Posted by troy88 > 2022-01-12 10:11 | Report Abuse

Solid performer. Coming QR should again impress.

Posted by sten_still > 2022-01-14 09:24 | Report Abuse

https://paultan.org/2022/01/13/bmw-group-malaysia-signs-mou-with-tnb-siemens-mgtc-to-develop-malaysian-ev-infrastructure/

TNB also has plans to set up a dedicated EV charging station (cordially termed electron) in Bangsar, right within the vicinity of the Abdullah Hukum LRT station.

The station (operated by TNB) will be much like your regular petrol station, except it’s completely outfitted with DC fast chargers, and the roof lined with solar panels. TNB expects the station to be up and operational by end-2023.

ANCOM - supplier EV DC Fast Charging from ABB

Posted by JustinLong > 2022-01-16 21:39 | Report Abuse

sten_still mind to share on how is Ancom a supplier from ABB? And what is ABB?

Posted by JustinLong > 2022-01-17 16:25 | Report Abuse

All time high coming... May well be the Stock of the Year 2022.

Posted by klkk > 2022-01-17 21:43 | Report Abuse

https://www.theedgemarkets.com/article/ancoms-net-profit-almost-doubles-yoy-rm12m-2qfy22

Posted by klkk > 2022-01-17 21:44 | Report Abuse

Heartiest congratulations to all shareholders of Ancom!

Posted by troy88 > 2022-01-19 10:19 | Report Abuse

Very good performance. Solid!

Posted by JazzzLee > 2022-01-19 12:50 | Report Abuse

Buy at 3.04 , mid potential stock 2022, TP 4.2 mid term

Posted by PureBULL ... > 2022-01-21 11:08 | Report Abuse

PureBULL >>>, [2022-01-20 9:59 PM]
ANCOM is abt to lift off...

Posted by troy88 > 2022-01-21 11:14 | Report Abuse

One of the few resilient performers in bursa. Ancom is a gem.

Posted by wallstreetrookie > 2022-01-31 05:52 | Report Abuse

An MSCI gauge of Southeast Asian, or Asean, equities fell less than 2% this week and rose to an 18-month high relative to the Asia benchmark, which slumped almost 5%.

“Asean is now less vulnerable than in the past as current account balances have improved and valuations on equities, bonds and currencies are less demanding,” UBS Group AG strategists including Niall MacLeod wrote in a note Thursday. “Markets are in a much better position relative to 2013.”

Bloomberg | Markets

Posted by PureBULL ... > 2022-02-04 16:12 | Report Abuse

https://www.tradingview.com/x/W9fFmzAw/

am watching ANCOM for the grand BO.,. to the new.blue.sky like MSC.,.

it's so near,,, for a decisive PRICE action,,,

Posted by troy88 > 2022-02-07 10:10 | Report Abuse

Next bull run has started. Don't miss the boat..

Posted by JustinLong > 2022-02-07 11:24 | Report Abuse

Food security is one niche area that smart money is flowing to as a hedge against rising food costs due to cost-push inflation.

Plus, the ban of Paraquat in Thailand has left a market worth USD80 million++ vacumn and Ancom is seizing the opportunity to replace this market with its proprietary products with no direct competitors.

Clear blue skies for Ancom to rocket up further.

Posted by supersinginvestor > 2022-02-07 12:21 | Report Abuse

This is a true gem. Huat ah.