Sultan need money to develop their own state.If there cancel it there are stupid.Some-more only minister can talk in order not to hurt China feelings.Its not easy to get 27 billions contract.Expect total 1 billion each on taxes for the 2 states(not tourism hotspot) on 15 years contract.By the way,There will not dig on the tourism hotspot.
Yes, bcos on the newspaper write like that. but if u read at po the letter said "Whether the sands are sourced within Malaysia or outside of Malaysia. If outside Malaysia, to provide clarification on whether the company has obtained the necessary approvals from the relevant authorities (for the period of the PO, i.e. 15 years)."
lclwyp, beware your statement. If the accused want, they could sue you over your statement. We have law and the director also had clarify to Bursa regarding the project.
I will be more concern of people with many account ID in i3. If their total comment is single, double digit, you better not take on their comment seriously.
Where they get the sand is not important as long as they can supply the sand to China and the contract is valid. Getting sand from Terengganu or Pahang or even Philipines is inmaterial. Tomorrow the price will break 20 sen
It is very normal when a very bright and good future company is blooming but some investor unable to "get in", so they will try to create Havoc and make others panic sell so he can buy at a much mower price.
So many comment about Powered 7145 Ageson, so let's ride and follow the flow. The TP already showed how much people are now confident with them. Up Up and Higher!
Moreover, we should see also T4Q Result ( EPS: 2.13, P/E: 8.22 ) & Annualized Result ( EPS: 3.42, P/E: 5.12 ) .... quite impressive compared to others which had less than that, but the price already surpass 0.20, 0.35 or even surpass 0.55
Suspect China shareholder will come in.Usually if there have interest in project there in.as I'm say not yet apply how to reject or approved.Will take few months to finalize it.After tht do of not another matter.
Personally I think Gov will try their best to approve this business operation, honestly, just count the Gov income from such huge contract. It is more than half of ECRL project cost!
Some said the sand is from Philippines, I think they don't even know where to read the official announcements.
If the co. intends to create fake orders, management can replied to Bursa the sand sites are in Philippines, is very difficult for Malaysia authorities to do investigation outside Malaysia. But now, they replied in Malaysia, Trengganu and Pahang, this draws trust, bcos if anything they submit to bursa is fake, they can be easily checked by SC.
For those said no permit is issued to the co., the reply also clearly address this, the do it through partners, not the co. itself. The best thing is go to read the official co. announcement rather than hearsay.
In any forum, anyone are welcomed to give relevant info, opinion, debate or ask properly. This will benefit investor/trader community. Sadly very few practice this in i3.
Any statement from the company to the bursa, must be true. If false, they can be fined or worst than that public will not hve their faith on the company.
The comparison on EPS & PE just to show that the company hve strong financial & cash rich company ... plus the billions contract that company got for 15 years, for sure this is a good sign for upward trend
Datuk Liew Kok Leong Executive Director.. felt very honoured.... PETALING JAYA: Ageson Bhd has secured a purchase order of river sand and sea sand from Guangzhou Kaishengda Industrial Co Ltd (GKI), woth RM27.5 billion.
This order is for a period of 15 years, and is the third d contract order for the supply of sand following the two earlier deals which were worth US$26.6 million on April 22 and SG$107.64 million on April 17 respectively.
Ageson executive director Datuk Liew Kok Leong said he believes the group’s ongoing business exploration and development will yield good results.
“We are very honoured to receive the award from GKI and truly appreciative of them for the faith they have placed in us to grow the business together. This demonstrates the added value of our growth potential in the geographical expansion of our businesses.
“While property development remains soft in this market condition, it does not hamper us from prospecting other business opportunities like trading of construction materials. Apparently, construction material like sand is still in demand by our overseas customers. Indirectly, it allows us to expand geographically, increase export sales and it will ultimately boost our business track record,” he said.
hello, no company in malaysia have ap to export sand, second, you think china dont have enough sand, what a freaking joke, also this gki company no where near in internet, you guys, this kind of doubtful PO in bursa has been done before, see again why they keep changing company name, LOL
Have to read some real stupid comments, or maybe comments to try to get people to sell. You think Ageson simply announce for fun? You as investors buy shares for fun? Can wait for GKI to produce their LC before comments? You think the state governments are fools to approve the permits without the LC? LOL.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
O'Brian
96 posts
Posted by O'Brian > 2020-05-10 23:34 | Report Abuse
Bunch of jokers