AGESON BERHAD

KLSE (MYR): AGES (7145)

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Last Price

0.395

Today's Change

+0.05 (14.49%)

Day's Change

0.35 - 0.42

Trading Volume

10,078,800


33 people like this.

14,688 comment(s). Last comment by Peace99 5 hours ago

Posted by nimblecloud88 > 4 days ago | Report Abuse

Slowly wash out ikan bilis. 0.30 and above is still good to go

CurryBento

419 posts

Posted by CurryBento > 4 days ago | Report Abuse

bye bye 0.3 :’)

It was brief but nice seeing ya

CurryBento

419 posts

Posted by CurryBento > 4 days ago | Report Abuse

Goreng goreng revive?

Posted by SengGor1011 > 4 days ago | Report Abuse

those who toook profit on the previous now is restock time

Posted by SengGor1011 > 4 days ago | Report Abuse

0.3 is really a very good entry price

mf

26,473 posts

Posted by mf > 4 days ago | Report Abuse

run

Peace99

1,830 posts

Posted by Peace99 > 4 days ago | Report Abuse

Looks like keeping calm here in past weeks begins to pay off....

Investfrog

125 posts

Posted by Investfrog > 4 days ago | Report Abuse

touch 0.30 and rebounded as expected

kangedd

451 posts

Posted by kangedd > 4 days ago | Report Abuse

Why run when you can restock? rebound back up soon

Investfrog

125 posts

Posted by Investfrog > 4 days ago | Report Abuse

not running, just waiting for good entry point again

CurryBento

419 posts

Posted by CurryBento > 3 days ago | Report Abuse

Fly

CurryBento

419 posts

Posted by CurryBento > 3 days ago | Report Abuse

Rocket

CurryBento

419 posts

Posted by CurryBento > 3 days ago | Report Abuse

Soar

Investfrog

125 posts

Posted by Investfrog > 3 days ago | Report Abuse

Would be nice to stay above 30 sen

mf

26,473 posts

Posted by mf > 3 days ago | Report Abuse

14 MIN AGO
watch livePutin escalates tensions with war threats to the West; Ukraine slams ‘sham’ votes on joining Russia

kangedd

451 posts

Posted by kangedd > 3 days ago | Report Abuse

rebound this week? or russia sabotaging the market again?

Posted by VegeBird1219 > 3 days ago | Report Abuse

of all the time, why noow russia :'(

Posted by VegeBird1219 > 3 days ago | Report Abuse

they are making bad situation even worst now

Peace99

1,830 posts

Posted by Peace99 > 2 days ago | Report Abuse

Just wish to point out that the Net Asset per share =0.23 stated in the most recent QR (ended 31 Mar 2022) is before share consolidation and right issue. Since consolidation is 6 to 1, right issue is 2OR to 1 share and basically fully subscripted, the Net Asset per share now should be doubled =0.23x2=0.46

BLee

618 posts

Posted by BLee > 2 days ago | Report Abuse

@Peace99:...Since consolidation is 6 to 1, right issue is 2OR to 1 share and basically fully subscripted, the Net Asset per share now should be doubled =0.23x2=0.46

BLee: Hi @Peace99, the consolidation was 15 to 1. The Net Asset per share already reported in QR June22 as stated:
7) Net assets per share attributable to ordinary equity holders of the parent ($$) = 1.2200
Happy trading and TradeAtYourOwnRisk

Peace99

1,830 posts

Posted by Peace99 > 2 days ago | Report Abuse

@BLee Thank you for the correction! So it should be roughly 0.23*15/3=0.23*5=1.15....Nice that the numbers match. I mixed up with another company's consolidation. As for the QR, I now see the June report at i3 website. I also look at Bursa Malaysia website and funny that it does not show up there.

Posted by SengGor1011 > 2 days ago | Report Abuse

well supported, at least our boss still care

Posted by SengGor1011 > 2 days ago | Report Abuse

price movement now is against the current, ages will get thru it

CurryBento

419 posts

Posted by CurryBento > 2 days ago | Report Abuse

construction and GE always rocket before and after GE, dont miss out the chance

CurryBento

419 posts

Posted by CurryBento > 2 days ago | Report Abuse

book your ticket here and wait for a good show , cant wait for it !

Peace99

1,830 posts

Posted by Peace99 > 2 days ago | Report Abuse

With NAV=$1.22, and contract value in the $billion range, expect it to go back up higher!

ctooi51

368 posts

Posted by ctooi51 > 2 days ago | Report Abuse

Wow dead fish rollover..

kangedd

451 posts

Posted by kangedd > 2 days ago | Report Abuse

gogogogo rebounding now

Investfrog

125 posts

Posted by Investfrog > 2 days ago | Report Abuse

Rebound is underway today, can the price hold on for the remaining weeks?

onhands

150 posts

Posted by onhands > 2 days ago | Report Abuse

industrial land granted by Perak Goven low cost sold partial for 279million
profit could come in this QR can someone ask management?

https://www.theedgemarkets.com/article/construction-group-ageson-sell-portion-industrial-land-perak-rm279m

onhands

150 posts

Posted by onhands > 2 days ago | Report Abuse

look at current
Market Cap 107.5M
Shares (mil) 311.66
this 279m could mean 2.6 times market cap
or
transform to 89sen per share !

onhands

150 posts

Posted by onhands > 2 days ago | Report Abuse

shareholders maybe interested to know the outcome
can some one ask?

kangedd

451 posts

Posted by kangedd > 2 days ago | Report Abuse

so far the 279m havent finalized in QR yet, the deals and still undergoing I think

Michael Kwok

4,555 posts

Posted by Michael Kwok > 2 days ago | Report Abuse

Ageson 33.5 cents q.
Tp 40 cents range(if support dun break)
Stop loss 30 cents.
22/9/2022 8.38Pm

Posted by opportunist88 > 1 day ago | Report Abuse

Like that Ages should be 38+89 = RM 1.27 per share
........... Ages RM1.27 per share ......


onhands
industrial land granted by Perak Goven low cost sold partial for 279million
profit could come in this QR can someone ask management?
https://www.theedgemarkets.com/article/construction-group-ageson-sell-portion-industrial-land-perak-rm279m
16 hours ago
onhands
look at current
Market Cap 107.5M
Shares (mil) 311.66
this 279m could mean 2.6 times market cap
or
transform to 89sen per share !

16 hours ago


onhands

shareholders maybe interested to know the outcome
can some one ask?

16 hours ago

kangedd

451 posts

Posted by kangedd > 1 day ago | Report Abuse

Time to fly?

Posted by SengGor1011 > 1 day ago | Report Abuse

fly fly fly lets go

Posted by SengGor1011 > 1 day ago | Report Abuse

lucky reenter on 0.35, hosehh lahh this time

CurryBento

419 posts

Posted by CurryBento > 1 day ago | Report Abuse

next target 0.4, 0.45

CurryBento

419 posts

Posted by CurryBento > 1 day ago | Report Abuse

TGIF people, what a way to end my weeekday this week

Investfrog

125 posts

Posted by Investfrog > 1 day ago | Report Abuse

Close 0.40? or take profit now?

BLee

618 posts

Posted by BLee > 1 day ago | Report Abuse

Viola!! up almost 16% when others still in doldrums..Happy Trading and TradeAtYourOwnRisk

Peace99

1,830 posts

Posted by Peace99 > 1 day ago | Report Abuse

Fast is also doing a share consolidation: 6 to 1. After consolidation, the ratio of NTA to price is roughly 5 times, similar to Ageson. So just bought some FAST.... may go the way of Ageson!?

Peace99

1,830 posts

Posted by Peace99 > 1 day ago | Report Abuse

@BLee Thanks to your correction, I hold mine even tighter.
Wonder can share some insight into its PA?

Michael Kwok

4,555 posts

Posted by Michael Kwok > 1 day ago | Report Abuse

It reach 41 cents above.its s bye bye.i run first..
23/9/2022 4.06pm

kangedd

451 posts

Posted by kangedd > 1 day ago | Report Abuse

byebye see you tmr, going to close above 0.40

BLee

618 posts

Posted by BLee > 1 day ago | Report Abuse

@Peace99: @BLee Thanks to your correction, I hold mine even tighter.
Wonder can share some insight into its PA?

BLee: Hi @Peace99, welcome..just for info sharing. I have written quite a lot on Ages-PA, won't mind sharing again; would admit I have strongly shared ICPS (PA,PB,..) as an alternative to company share warrants (not call warrants). Below links are articles sharing my opinion:
https://klse.i3investor.com/web/blog/detail/BLee_AGES/2021-07-16-story-h1568014371-ICPS_My_investment_stretagy

https://klse.i3investor.com/web/blog/detail/BLee_AGES/2021-09-12-story-h1571499077-Focus_PA_and_Fintec_PA_Negative_ICPS

As at today, 23 Sept., 2022, only my investment in Ages-PA in positive territory..averaging below 4 sen. As seen in today's closing, 4 sen to 5 sen equals 25% gain vs mother share of 14.49% due to:
- low cost investment, high percentage gain?
- number of outstanding Ages-PA (volume) depleted by 15 times during consolidation, therefore demand will be more than supply if mother share price increases in tandem??
Please highlight other positive or negative opinions for discussion..
Happy Trading and TradeAtYourOwnRisk

Peace99

1,830 posts

Posted by Peace99 > 13 hours ago | Report Abuse

@BLee, Thanks for sharing your good insight into PA. I have not been following the PA, but I did a quick check on it, and here are some facts: 4.2billion PA was issued, and 3.8b left before consolidation. So now 3.8b/15=254million left. After consolidation, to change PA to share, I found out only one way, i.e. need 1 PA plus RM 0.95 and maturity is 10 Mar 2030.
Is there another way of changing PA to share? Before consolidation, i think can use 13 PAs to get one share.

BLee

618 posts

Posted by BLee > 12 hours ago | Report Abuse

@Peace99: Is there another way of changing PA to share? Before consolidation, i think can use 13 PAs to get one share.

BLee: Hi @Peace99, details of conversion spelt out in PDF file in link https://www.klsescreener.com/v2/announcements/view/3559803

" “ICPS” : 254,281,099 outstanding irredeemable convertible preference shares in AGESON which are expiring on 10 March 2030

2.1 Adjustment
The adjustment to the conversion price of ICPS is as follows:
…Save for the abovementioned Adjustment, the rights and obligations of ICPS Holders will remain unchanged."

Therefore remain unchanged meaning "the 2 methods of conversion remain and each ICPS before consolidation subscribed at 1 sen and after consolidation at 15 sen"??

Happy Trading and TradeAtYourOwnRisk

Peace99

1,830 posts

Posted by Peace99 > 5 hours ago | Report Abuse

@BLee Therefore remain unchanged meaning "the 2 methods of conversion remain....

Thank you, and I think you're right as it is consistent with this check: Exercise price =RM1.03.
Method a) 1PA+0.95, meaning PA is regarded as 0.08
b) 13 PA, 0.08*13=1.04, 0.01 more than exercise price but obviously can't be helped as cannot have fractional PA.

One benefit of having PA I can see now is that if the share price is not high enough use method b) else use method a). Will share idea after I have chance to read more later. Happy trading!

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