Posted by teareader818 > 2020-05-20 19:36 | Report Abuse

When dream becomes a reality.

Posted by hoowk77 > 2020-05-20 20:09 | Report Abuse

Please read carefully the PA profile before buy

Posted by Michael Kwok > 2020-05-20 20:30 | Report Abuse

Feel late May-Early July Ageson can move.Hopefully my feel good euphoria of reaching 30 over cents become reality.

Posted by Larrie Chew > 2020-05-21 10:20 | Report Abuse

Michael kwok is a very smart man!

Posted by O'Brian > 2020-05-21 10:33 | Report Abuse

Who do you trust on coronavirus? A new normal?

What do we want life after lockdown to look like? As part of a new series, A new normal, Guardian journalist Iman Amrani asks viewers what their hopes are for the future. While there are a lot of uncertainties and anxiety looking beyond Covid-19, there is also an opportunity to reshape the world we live in, from the environment, to working practices, to relationships. In this first episode, Iman asks who the most reassuring voices have been during this time, from Jacinda Ardern and the Queen to Piers Morgan, and what this might mean looking ahead

A new normal
With much uncertainty and fear around Covid-19, journalist Iman Amrani asks the Guardian community what they want life to look like after lockdown. From the environment to working and relationships, this will look at how we can positively shape a new normal....

Posted by ViVaFoReVeRLOVE > 2020-05-21 10:34 | Report Abuse

There are some different and comical scenes also.
Today I went to a Used car dealer's lot after being told they were open and in business.
When I arrived I saw several foreign looking workers, all masked, washing the many cars and mopping the floor. No locals were visibly around. When I asked where the salespersons were one of them pointed to the office building.
When I went there and opened the door I saw them all there. About 15 of them, in a large room. The managers, the salesmen, the clerks and accountants. All masked, some, probably managers, wearing face shields and goggles. All wore gloves.
The words "hunkered down" leapt into my mind.
In spite of the coverings I sensed their look of shock and gasps of horror.. In a loud voice the boss, the one most shrouded, ordered that I be taken outside,and all places touched by me immediately sanitised.
Outside I had to walk through a sanitation tunnel and given a pair of gloves to wear. My escort explained that the boss was convinced this was a dangerous epidemic and he was not taking any chances. At least for the next 2 weeks.
Why open then? Every body had to work because they were facing a bleak return to business.
I politely refused the gloves, claimed I had another appointment and left.
FA all kinds of people make up this great country. That is why it is fun.

Posted by DatoSeriJohnnyWalker > 2020-05-21 10:35 | Report Abuse

Less money will be the new normal for many, at least for a year or so.

Posted by BABIKING > 2020-05-21 10:36 | Report Abuse

Great piece Fa! Loved every word. One of the other issues is bosses insisting people who can function perfectly well at home, get back to office. The clamour to put the economy over lives is flawed, because if lives are lost , the economy is shot to pieces anyway. Thermal scanners are so old news. The virus is most contagious before symptoms show.

Posted by KennyDowJones > 2020-05-21 10:37 | Report Abuse

BABIKING, If the economy really tanks, the gvt will shake and people will starve. So here is a solution. Protect the vulnerable, leave the others free.
It is the old folks who are at risk. Let them be house bound. No going out. They are mostly retirees.
Let businesses get back to business with the young folk working.Sure there is risk. But life is about risks. The young can also die from jungle trekking, crossing the street, and in road accidents. But that risk is low.
How effective are sanitising, social distancing and living hunkered down? Does the virus jump from one person to another? If so how far? Nobody can justify the safety measures imposed.

Posted by GodOfWar > 2020-05-21 10:37 | Report Abuse

"New" is actually the "old in new packaging". Actually nothing has changed.

Posted by NancyDrewWhite > 2020-05-21 10:38 | Report Abuse

i wonder if we are the product of our system or our system is a product of us. Why can't Malaysians have self-discipline? Why must we allow the state apparatus to threaten and patronise us, sometimes for our own sakes, but many times in their own interests?

Posted by UmbrellaCorp > 2020-05-21 10:39 | Report Abuse

Frightening, Fa to hear you narrate the brave 'new normal'!!
Perhaps our country is really so blessed, we have no major natural disasters, most rakyat believe we will be not be affected by the worst of the covid 19 infections - that our health system can cope with whatever 2nd wave or what not.

In a scenario like our nation now, think it is up to the individual to take steps to protect oneself - avoid places that are crowded, shops which do not enforce SOPs on social distancing and personal hygiene.

Beyond that, one has to trust in Allah/God/ kamma or whatever.

Posted by GodOfWar > 2020-05-21 10:40 | Report Abuse

Malaysians are just too spoil, lack self discipline and take things for granted. Maybe it's due to our low standard of education, producing so many bad, thoughtless people. Maybe people just don't value their lives for the sake of pleasure. Yah, we'll go back to being normally BAD.

Posted by YoungTycoonWILL > 2020-05-21 10:43 | Report Abuse

The 5 biggest refugee myths: debunked

Refugees are people who have been forced to flee their country because of persecution, war or violence. That is broadly the definition in the 1951 Refugee Convention — the key legal document that outlines the rights of displaced people.

But all too often this official record gets ignored, and refugees endure the consequences: hate speech and discrimination.

On World Humanitarian Day, committed aid workers get well-deserved recognition, and the world shows support for people affected by the world`s worst crises.

We mark this day by taking aim at common misconceptions about refugees and revealing how displaced people bring value to societies, economies and communities.

Posted by YoungTycoonWILL > 2020-05-21 10:43 | Report Abuse

Myth: most refugees flee to the US, Europe and Australia
Media coverage regularly shows refugees landing on Greek or Italian islands after the dangerous Mediterranean crossing. Footage from the US southwest border suggests Arizona is being flooded by people fleeing violence in Central America.

But data shows a different picture. Eighty percent of the world’s displaced people in 2018 were registered in countries neighbouring the one they fled.

Take the 6.7 million people who have escaped war in Syria and are now registered in Turkey, Lebanon, Jordan and Iraq. According to UNHCR, most people who fled South Sudan are now in Sudan or Uganda, and the vast majority of Rohingya refugees who fled human rights violations in Myanmar are now in Bangladesh.

Refugee admissions to the US are actually at the lowest levels since 1980, when the Refugee Act was introduced. And Canada welcomed more refugees through resettlement than the United States in 2018.

Myth: all refugees live in camps
Refugee camps differ from country to country. In some places they are organised areas with government-provided facilities. Elsewhere, camps can be a group of makeshift shelters built by people fleeing conflict.

One thing that is true of most refugee camps is there is “some limitation on the rights and freedoms of refugees and their ability to make meaningful choices about their lives”.

The reality is most refugees live in towns and cities. According to data published by UNHCR, 61% of all refugees were living in urban areas in 2018.

The largest number of urban refugees in 2018 were people who had fled the civil war in Syria. In fact, of all Syrian refugees in the neighbouring countries only 8% are in refugee camps.

Data from Germany showed over 1 million refugees living there were in urban areas.

UNHCR even encourages governments to ensure camps are only temporary, and the OECD has collected data showing the benefits of integrating refugees into local communities.

Posted by YoungTycoonWILL > 2020-05-21 10:44 | Report Abuse

Myth: refugees leave their countries to find better jobs
Semantics matter here. Using the words 'refugee' and 'migrant' interchangeably causes problems for both populations.

People who run for their lives and cross international borders without papers often put themselves and their families at great risk. Consequently, one of the most essential principles established in international law is that refugees should not be forced to go back to areas where their life would be under threat. But these risks are rarely faced by those people who move to a new country in search of a better life.

Identifying refugees and migrants as one group of people can have real consequences for the safety of refugees because blurring these lines obscures the importance of legal protection that countries are committed to providing refugees.

Myth: refugees get access to education in countries of asylum
Data suggests that for each additional year people stay in school leads to an earnings bump of 5% to 10%. But when people flee conflict in their communities, they also leave schools and universities behind. People who are seeking safety often have distinct motivations to learn valuable skills and earn new qualifications.

Learning a new language can be life-changing for someone trying to adapt in a new place. A degree recognised by employers in a new country can open many doors.

Globally, 34% of university-age youth are in education, but that figure for refugees is just 1%. Why is that so low?

“Access to education is a fundamental human right,” says UN High Commissioner for Refugees Filippo Grandi. “Yet for millions of women and girls among the world’s ever-growing refugee population, education remains an aspiration, not a reality.”

Only 61% of refugee children have access to primary education, compared to an international average of 91%. At secondary level, 23% of refugee teenagers go to school, compared to 84% globally.

Refugees face huge challenges to finishing school and achieving similar grades to people who are not affected by conflict.

Posted by YoungTycoonWILL > 2020-05-21 10:44 | Report Abuse

Myth: I need a mobile phone, refugees don’t
Connectivity is an essential part of modern life, and the idea that refugees are locked out of digital communities is misleading.

Refugees around the world are at a disadvantage, and data shows they are 50% less likely than the general population to have a smartphone. But this is mainly because of costs; refugees around the world often spend up to a third of their disposable income on staying connected.

Posted by YoungTycoonWILL > 2020-05-21 10:45 | Report Abuse

compare to malaysia

Posted by YoungTycoonWILL > 2020-05-21 10:45 | Report Abuse

1. There are too many refugees in Malaysia.

According to UNHCR, as of end-March 2020, there are some 179,520 refugees and asylum-seekers registered with UNHCR in Malaysia. Too many? Maybe and certainly 180,000 is not a small figure. But let us put the numbers in perspective.

In the first quarter of the year, Malaysia is estimated to have 32.73 million population. Therefore, the number of registered refugees and asylum-seekers in Malaysia is only around 0.55 percent of the whole population of Malaysia.

2. All refugees here are Rohingyas.

Not true. According to UNHCR, only around 56 percent of the refugees and asylum-seekers here are Rohingyas and the rest are other ethnicities from Myanmar and from other countries, including Pakistan, Yemen, Somalia, Syria, Afghanistan, Sri Lanka, Iraq and Palestine.

3. All refugees are coming to Malaysia and other countries are not helping.

Not true. As of June 2019, there are 70.8 million forcibly displaced people worldwide, where 25.9 million of them are refugees. Therefore, Malaysia is only hosting around 0.7 percent of the total number of refugees worldwide and around 0.25 percent of the total forcibly displaced people.

Many other countries, including much poorer and less developed countries, are hosting way more refugees than us. In 2018, the top five countries which hosted the largest number of refugees worldwide are Turkey (3.7 million refugees), Pakistan (1.4 million), Uganda (1.2 million), Sudan (1.1 million) and Germany (1.1 million).

Countries such as Bangladesh are hosting more than 900,000 (possibly up to or even more than one million now) refugees and Thailand with more than 90,000.

In 2018 alone, 92,400 refugees were resettled globally with Canada admitting 28,100 refugees. Other countries that admitted large numbers of resettled refugees include the US (22,900), Australia (12,700), the UK (5,800) and France (5,600). When refugees are being resettled to these countries, it often means that they will get a permanent residency which may eventually lead up to citizenship.

Posted by YoungTycoonWILL > 2020-05-21 10:45 | Report Abuse

Since 1980, the US has resettled more than 3 million refugees. Canada and Australia have resettled more than 600,000 and 400,000, respectively.

4. As Malaysia is not a signatory to the 1951 Refugee Convention, we do not have any responsibility towards refugees. We should send them back.

Not true. While it is true that Malaysia is not a signatory to the 1951 Convention Relating to the Status of Refugees and its 1967 protocol, it does not mean that Malaysia has no responsibility and can send the refugees back.

This is because the principle of non-refoulement guarantees that no one should be returned to a country where they would face torture, cruelty, inhuman or degrading treatment or punishment and other irreparable harm. The principle of non-refoulement is considered to form part of customary international law and therefore, the principle applies regardless if Malaysia is a signatory to the 1951 convention.

It has also been argued that “pushback” operations, that is, by intercepting the boats carrying refugees by not allowing them to land, may also amount to a violation of the principle of non-refoulement.

5. Refugees and economic migrants are the same. They are here to earn money.

Not true. An economic migrant normally leaves a country voluntarily to seek a better life. They can return to their home countries should they chose to do so, and they continue to receive the protection of their governments, even when they are abroad.

Refugees, on the other hand, flee because of the threat of persecution and cannot return safely. The 1951 Refugee Convention defines a refugee as a person who is outside his/her country of nationality or habitual residence; has a well-founded fear of persecution because of his/her race, religion, nationality, membership in a particular social group or political opinion; and is unable or unwilling to avail himself/herself of the protection of that country, or to return there, for fear of persecution.

Of course, when the refugees are here, they have to work in order to survive. However, as refugees are not recognised in Malaysia, they are not able to work legally. This often leads to exploitation. They often work in what is known as the "4D" sectors – jobs that are deemed to be dirty, dangerous, difficult and demeaning, jobs Malaysians would normally shun away from.

Also, as refugees are not recognised, they are being treated as illegal migrants where they are always at risk of being arrested and detained, and that also includes refugee children.

In detention, they can be subjected to abuse and torture. The mistreatment and abuse of refugees in Malaysia were exposed by Al Jazeera in its documentary in 2014, Malaysia’s Unwanted, which is an extensive investigation, complete with undercover filming.

6. If someone can afford to pay US$2,000 to US$3,000 to human traffickers or smugglers to get here, surely they cannot be a refugee.

Not true. And that shows the person who says this clearly does not understand what a refugee is. First, not all refugees have to be poor. Again, referring to the definition above, a refugee is someone who flees his or her country of nationality or habitual residence due to the fear of persecution.

Second, for refugees who are poor like the Rohingyas who have been living in hardship and exploitation, they often end up in a kind of bondage agreement with the traffickers.

7. Refugees are a burden and will always be a burden.

Not true. Again, that is the perception that most people have – refugees must be poor, uneducated, and low-skilled and they will always be. But Albert Einstein was a refugee! Sergey Brin, co-founder of Google, was a refugee too.

Posted by YoungTycoonWILL > 2020-05-21 10:46 | Report Abuse

Of course, most refugees come from less developed countries but they are also able to contribute to society, like us, if given the opportunity. Many refugees and their children have done that. They have changed the world and made a difference in our lives.

Just Google (you probably can’t Google if Brin was not allowed to seek refuge in the US) the list of prominent refugees. And there are many more who are not on the list but who have become doctors, lawyers, artists, musicians, scientists, philosophers, singers, businesspersons, white and blue-collar workers, just like us. Refugees are just like us.

8. Refugees have done terrible things here including committing crimes.

Certainly, there are some bad apples. But isn’t it the same with us Malaysians? Many Malaysians have committed crimes overseas as well. Should those countries ban Malaysians?

The issue of refugees is not something new. Refugees have been in Malaysia since the 1970s, if not earlier, with the arrival of the Vietnamese refugees. We have been living with refugees since then. Why are we suddenly casting them in such a negative light so strongly?

During this stressful and challenging time where we are facing the Covid-19 pandemic, it is important for us to ensure that we are not doing this as a coping mechanism by deflecting the blame and attention to the refugees. We should stop persecuting the already persecuted.

Again, as mentioned at the beginning of this article, it is okay if you disagree with the rights of the refugees, just like different people have different views about capital punishment, abortion, gay rights etc.

But it is not okay when you spread fake news about them. It is not okay to sow hatred towards them. And it is not okay to demean them. Let us learn to agree to disagree but to disagree with facts. Let us learn to debate and discuss issues rationally, for our words reflects who we are.

Many have said that the way to solve the refugee crisis is to stop those "refugee-producing countries" from "producing" more refugees. Indeed, that is the solution. However, just like the pandemic, until and unless the vaccine can be developed, we have to embrace and learn how to live with the crisis.

So long as wars, armed conflicts and persecutions are continuing, refugees are here to stay. In fact, that is also the reason why upholding human rights is important. To end this crisis, we have to uphold and defend human rights to ensure no one is persecuted. To end this crisis, all of us have a role to play and it can be as simple as treating your fellow human being as one.

Posted by UraniumKing68 > 2020-05-21 10:47 | Report Abuse

Your opening lines are highly questionable and methinks, deliberately misleading to win an argument.

"According to UNHCR, as of end-March 2020, there are some 179,520 refugees and asylum-seekers registered with UNHCR in Malaysia....In the first quarter of the year, Malaysia is estimated to have 32.73 million population. Therefore, the number of registered refugees and asylum-seekers in Malaysia is only around 0.55 percent of the whole population of Malaysia."

For reasons best known to you, the millions of illegal, undocumented migrants NOT registered with any body are deliberately omitted. Which makes everything else you say merely hot air.

Posted by Ivanka Trump U>S>A > 2020-05-21 10:48 | Report Abuse

UraniumKing68, He's clearly stated.. Refugees registered with unhcr, undocumented migrants r a different ball game,they could include prolly economic migrants n persecuted refugees.

Posted by O'Brian > 2020-05-21 10:50 | Report Abuse

"But let us put the numbers in perspective." - very good. But these are registered refugees and asylum-seekers in Malaysia . What about the undocumented ones? Yes, it is unfair to ask you to come up with this statistic, but the point is , by all accounts, the number of undocumented refugees far exceed the registered ones!!

But , that point . in no way demean your excellent input here on behalf of real refugees.
I think part of the reason for the vitriol against refugees recently is as you admitted, the few bad apples in their midst. Also many Malaysians now speak of refugees and economic migrants [ illegal migrant workers ] as one and the same.

Posted by Printing U.S Dollar Dollar Dollar > 2020-05-21 10:50 | Report Abuse

Likely no other countries want to resettle the Rohingyas so they will be in our country for long term and more will try to come.....

Posted by UmbrellaCorp > 2020-05-21 10:52 | Report Abuse

all the facts but in generalized form and you compare apples with oranges!Can you compare Malaysia to the developed world? Canada picked and chose the refugees they are willing to take. Can you compare Malaysia to Pakistan,Turkey ,Sudan which had no choice but to accept those who crossed their borders which are porous and cannot be properly guarded?All these countries get substantial support from the UN and developed nations. How much support did the UN give us for the Vietnamese and Rohingya refugees?How many Rohingya had been accepted by other countries from Malaysia?If we accept them,it is a burden to be borne by Malaysians for generations.
You use Albert Einstein as an example can you just let us know how many of the Rohingya are skilled or professionals. Do not hide such material information! Would it be more truthful to state that most are illiterate? Don't you think the monies used to educate them could be put to use for our own children? Your examples of professionals maybe be more appropriate for Syrian refugees which if Malaysia seeks to admit refugees should be the Syrians not Rohingya.
The consequences of welcoming further Rohingya would be that syndicates/human traffickers would send more and there is an estimated a million or more Rohingya.
When you mentioned numbers,you neglected to state that there is an estimated 6 million ( documented and undocumented) foreign workers in Malaysia.We have to address this problem now during this time of crisis and we should add the additional Rohingya to our burdens.

Posted by DatoSeriJohnnyWalker > 2020-05-21 10:53 | Report Abuse

Cherry picking at its finest!

Posted by KennyDowJones > 2020-05-21 10:54 | Report Abuse

Totally agree.

Maybe theone who post this are living in Kelantan or Terengganu where there are no “refugees” since there there is no economic livelihood in those areas. Hence no refugee “crime” as well

His reference to Turkey shows his lack of depth on understanding on the global refugee/migration issues. The 3.7 million refugees in Turkey have no interest living in Turkey as they are all headed for Germany/EU. Why do you think EU doesn’t want Turkey to be part of the bloc? That’s because Turkey is a STAGING point (like Bangladesh For Rohingya) for refugees into EU. As an extension, why do you think that U.K. voted for Brexit to leave EU? That’s because the people there see that many of 3.7 million refugees in Turkey, once they obtain EU citizenship via Germany, will also head towards UK. The worldwide sentiment against asylum seekers, economic migrants and refugees isn’t just restricted to Malaysia.

Lastly, 180,000 refugees in Malaysia is no small total especially if you divide it over the 580,000 unemployed Malaysians. That’s 30%. Of course you could also argue that the unemployed Malaysians won’t do the 3D (dirty, dangerous and difficult) work. But that’s the beauty of statistics isn’t it? It could be manipulated any which way you want!

Posted by NancyDrewWhite > 2020-05-21 10:55 | Report Abuse

The plight of refugees is indeed pitiful and they need help.

Unfortunately, in Malaysia, the lot of the genuine refugee has been tarnished by the wanton import of immigrants who were handed ICs. The previous BN government was responsible for this. These immigrants are more akin to economic migrants than refugees. They are mercenaries who seek greener pastures and are beholden to those who hand out the favours... and turn round and bite those hands once they feel more secure (a la Maslow?).

Posted by YoungTycoonWILL > 2020-05-21 10:56 | Report Abuse

Guys, how many refugees are living among your neighborhood?

Posted by Ivanka Trump U>S>A > 2020-05-21 10:58 | Report Abuse

These are all true but perhaps one thing is missing - the difference between asylum seekers and refugees. Not all asylum seekers are refugees. To put this into perspective, one might ask the question of whether all Rohingyas approaching, Malaysia on rickety boats are in fact refugees? If they come somewhere where they would face torture, cruelty, inhuman or degrading treatment or punishment and other irreparable harm, then yes they may well qualify as refugees. It would seem that most of these boats come from Bangladesh. Is Bangladesh threatening torture etc to the asylum seekers arriving in boats? If yes, then they could be refugees. But if they are housed in refugee camps by the Bangladesh government and are looking for better economic future elsewhere, then they are not refugees. It is not wrong to seek a better life in other countries, but this must be done through proper channels and not by paying human traffickers and entering a country illegally.

Posted by Larrie Chew > 2020-05-21 10:59 | Report Abuse

Before we can manage the refugees properly and fairly, we need a good and uncorrupted government to do this. Many refugees and foreign migrants here are victims of illegal human trafficking rings who are owned by certain politicians with the help of relevant authorities. They exploit and mistreat the refugees and migrants, driving some even to crime. In some cases, the politicians use the migrants for illegal votings during elections. It's good and noble to help the refugees and we can benefit from their skills but we just don't have a competent and clean govt to manage them. We need to enforce a proper law to catch and prevent human trafficking and exploitation of migrants and at the same time catch those illegal and criminal migrants. We need to clean up our house first before we can help others.

Posted by GodOfWar > 2020-05-21 10:59 | Report Abuse

Give me a chance and appoint me to head a task force on refugees and I will drag each and every refugee back to the sea and put every Rohingya refugee on a boat back to Bhasan Char.

We should start demanding that the Rohingyas refugees be repatriated to Bhasan Char.

Posted by JessicaTan > 2020-05-21 13:36 | Report Abuse

Lunch is great today!

Posted by teareader818 > 2020-05-21 15:00 | Report Abuse

Looks like everyone on standby for arrival of the booster rocket for take-off. Let's hope that there are no hitches.

Posted by kenie > 2020-05-21 16:15 | Report Abuse

AGESON BERHAD
Additional Listing Announcement /Subdivision of Shares

Shares Details of corporate proposal : Conversion of Irredeemable ConvertiblePreference Shares to Ordinary Shares
No. of shares issued under this corporate proposal : 26,000,000
Issue price per share ($) : 0.13
Listing Date : 22/05/2020

Posted by NancyDrewWhite > 2020-05-21 16:24 | Report Abuse

Below 0.20? sapuuuuuuuuuuuu

Posted by baskoro1965 > 2020-05-21 17:30 | Report Abuse

Convert n sell, price cannot up?

Posted by scrown > 2020-05-21 18:11 | Report Abuse

Less hope for the moment until converters finish convert and unload to the market then see how

Posted by baskoro1965 > 2020-05-21 19:16 | Report Abuse

Most likely will drop .too many pa shares.

Posted by AllanTingAS > 2020-05-21 22:19 | Report Abuse

I sold today as too many PA at 0.13! Will revisit once price move to ~0.13 then it will be safe level.

Posted by hoowk77 > 2020-05-22 05:23 | Report Abuse

Absolutely right. Avoid losing money.. be safe

Posted by Abba84 > 2020-05-22 06:56 | Report Abuse

A matter of thoughts..why did Ageson put PA on sales when it wud likely, hurt its mother share price?its about supply n demand.
Firstly demand wil spike wen catalytic news o project milestones roll in e.g sand permits obtained,loa done sources of sands identified mining equipmnt logistics ready etc.as its prices up more investors inclined to buy more PA s a stage of equilibriums occurs. pa buying increases as well as their mother.its pa quantity levels quicly reduced sooner says its 4 billio pa vaporises vry faster.
The depletion of its pa's wil be an incendiary fctr fr its mother shares to rise quickly on provisions that its milstones achieved n sustained.
Tis wud explained why its shre price to remain under depressed modes n wth a bit of time says in 3rd quarter things cud change signifcntly.
Investrs wud wait fr the buy signals news as project progresses .ie bfre mking decisions t inves. 27 billion wrth projec fr 15 yers is mega huge as tis news ar on everone lips!
Note tis ar my thoughts which do not imply to buy.plese do ur own evaluations bfore buying.

Posted by 682pujut2b > 2020-05-22 07:32 | Report Abuse

In the scenario when all the PA are converted, AGES would successfully raise an additional RM550m of share capital from the PA conversion at 12 cents + 1 PA (issued at 1 cent). This would be essential for AGES to undertake very large projects.

Posted by 682pujut2b > 2020-05-22 08:10 | Report Abuse

Latest Q2 2020 report ending 31.12.2020, AGES total current assets 240m, total debts & liabilities RM88m (short term RM82m, LT RM6m). Assume that all ST and LT debts and liabilities are paid of, the remaining net current asset is about RM152m.
If AGES can raise another RM550m from the PA holders through conversion to mother shares, the net current asset nearly all in cash would be about RM702m. The enlarged ordinary shares would be about 5251m (640m existing shares + from (3861+750) PA conversion). The average net cash per ordinary share based on the enlarged ordinary shares would be RM0.1337 (RM702m divided by enlarged shares of 5251m) .
Above calculation excludes the non current assets of RM72m reported in Q2 2020 report.

Posted by 682pujut2b > 2020-05-22 08:24 | Report Abuse

=((27.5*1000)/15)*15%*(1-25%)/X25
If the sand project can be executed smoothly and assuming a reasonable PBT margin of 15%, the net profit per annum would be about 200m for 15 years.
This would amount to EPS of about RM0.04. At the current share price of RM0.16, the prospective PE is about 4 (RM0.16/RM0.04 = 4 ) which seems to be very attractive.

Posted by baskoro1965 > 2020-05-22 08:41 | Report Abuse

If convert then sell for 1cent profit alot of money can be made. So price will be downward right?

Posted by UraniumKing68 > 2020-05-22 11:20 | Report Abuse

Now that the movement control order (MCO) is partially lifted, Malay politicians will be back to their old tricks of racism, lies and bigotry.

Negeri Sembilan Bersatu chief Rais Yatim, a running dog of former prime minister Dr Mahathir Mohamad, is doing his master's bidding.

Rais, of Indonesian extraction himself, should know that the peninsula was predominantly Orang Asli until the immigrant Muslims comprising Indonesians, Pakistanis, Indians, Arabs and Thais started to land on the peninsula and were conveniently categorised by the British as 'Malays' for political divide-and-rule reasons.

These 'Malays' arrived on our shores in similar fashion to the Rohingyas and their numbers started to outnumber the Orang Asli tribes. They were enslaved by these immigrants and gradually found themselves pushed to the interior through land grabs which the immigrants are doing to this day.

What Rais is saying about the Rohingyas actually can be applied to himself. He is arrogant, racist and made a whole host of criminal utterances which are seditious and incite Malays to racial hatred, but being a Malay elite, he appears 'untouchable '.

Posted by YoungTycoonWILL > 2020-05-22 11:20 | Report Abuse

we can always rely on you when idiocy from your colleagues in Bersatu, PAS and Umno is temporarily lacking.

Let us examine some of the more salient points in your traditional blame-setting on other “races”.

You warn the Malays to be cautious lest the other races maul you. In the centuries the Indians and Chinese have been here, we have never intruded into Malay life - we only ask for our rights in culture, language and religion, obviously our entitlement as citizens. So when did we ever maul you?

The mauling aspect of Malaysian life was executed by the Malays themselves under the guise of race, religion and ruler. Rais, are you suggesting that the mauling and rape of Tabung Haji, 1MDB, Felda, or Mara was the work of “other races”?

It is telling that you refer to “other races” in the same breath as referring to Rohingyas. Where does your leader, Mahathir, fit in? Is he Malay, Indian, or perhaps Rohingya?

Remember, unlike citizenship, race is not a status accorded by a piece of paper, it is a biological fact.

Where are the Indonesians to be slotted - as Malays or “other races”? Whatever any similarity in ethnicity, they are recent immigrants who came here seeking their fortune through skill and hard work, especially in Chow Kit.

Some made it big. Some with feminine lure and despite being maids here, earned enough to build palaces back home.

Posted by Ivanka Trump U>S>A > 2020-05-22 11:21 | Report Abuse

These politicians were happy to ignore the pain and suffering of the refugees - some officials have, for gain, joined in their obvious exploitation – who do the work citizens reject as too dirty, too difficult, definitely too underpaid.

The same citizens join in the condemnation now because suddenly the refugees are all crooks and drug traffickers and troublemakers. The racial prejudice is palpable and the danger is that they live in crowded conditions and will 'spike' the Covid-19 curve.

When this happens, as surely it will as it has in Singapore, Malaysians join in openly to "shoo(t) them on sight". This quote is for those of you old enough to recall our Malaysian policy with the Vietnamese boat people, a quote supposedly credited to Mahathir himself.

The fact that this time around, the refugees are fellow Muslims makes very little or no difference. Is it a case of race before religion?