Posted by JuliusCeasar > 2020-11-14 11:23 | Report Abuse

Tq BLee for the info.

Posted by IAN1277 > 2020-11-14 12:53 | Report Abuse

If Ages's share price reach RM0.24, PA implicit price will be RM0. 12

Posted by IAN1277 > 2020-11-14 13:03 | Report Abuse

Pls double confirm with yr remiser

Posted by Michael Kwok > 2020-11-14 13:11 | Report Abuse

The Ageson had 3 projects construction,property, and sand businesses.Worth 600 over million done by 2-3 years.Use 3 years as worst case scenario will be 200 million per year with 20 or more percent margin will be at least 40 million per year(which not include additional projects secured).The preference shares will not be one off conversion all,but at the range of 5-10 percent per year

Posted by Oldmantc > 2020-11-14 18:17 | Report Abuse

If your intention is to wait for 1 year and above, its a bad investment move.

Posted by Michael Kwok > 2020-11-14 21:35 | Report Abuse

Please never listen to the naysayer like this or next year one off conversion(all preference shares).As I say 1 year maybe 5-10 percent of preference shares convert.Please this year already convert 400-600 million shares preference into ordinary shares.
SingInvestor
443 posts
Posted by SingInvestor > Nov 14, 2020 2:27 PM | Report Abuse

Michael Kwok can you share base on those project and earning and what is the price for AGES in 2-3 year time. Many thanks.

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

Please I set over 30 cents target because of conversion of preference shares on tht time and lower valuation got construction stock.

SingInvestor
443 posts
Posted by SingInvestor > Nov 14, 2020 2:27 PM | Report Abuse

Michael Kwok can you share base on those project and earning and what is the price for AGES in 2-3 year time. Many thanks.
14/11/2020 9:35 PM

Posted by Michael Kwok > 2020-11-15 12:26 | Report Abuse

Please Singinvestor thee TP above once reach sell.No need 2-3 years.

Posted by unclekyyisbest > 2020-11-16 11:20 | Report Abuse

Ageson go go go

Posted by goodiewilly > 2020-11-16 12:29 | Report Abuse

Ask Uncle KYY to play these counters lar, AT glove gone lar.....if Uncle plays here, easily 0.99 lor

Posted by paultan > 2020-11-16 18:17 | Report Abuse

Companys strenghth now is export of sand. Big problem is default in loan payment.. on the whole co is strong and price is poised to move upwards.

Posted by Michael Kwok > 2020-11-16 19:09 | Report Abuse

Ageson no need wait for Ages to fly.Are u all ready for the boom?

Posted by shortinvestor77 > 2020-11-16 19:15 | Report Abuse

Yes. It is flying. RHB will approve soon its loan restructuring.

Posted by Michael Kwok > 2020-11-16 19:49 | Report Abuse

rm 600 million for 3 years with net profit margin 20 percent will be rm 120 million in 3 years.So Wht is 30 millions to Ageson.Other thing,is the bank can restructure the whole loan into 3 or 5 or 10 years loan to earn more rather thn earn less for just 1 year.

Posted by Jason85 > 2020-11-17 10:21 | Report Abuse

Still holding Ages so tight.. Since tp now 0.24 what's lowest entry price?

Posted by BBQ888 > 2020-11-17 11:42 | Report Abuse

how about 40m+ handsome profit?

Posted by JXnotJAX > 2020-11-17 12:15 | Report Abuse

yes BBQ, just a little bit lesser

Posted by furionstormrage > 2020-11-17 12:16 | Report Abuse

Tomorrow 9am Ageson AGM.

Posted by BLee > 2020-11-17 12:36 | Report Abuse

@IAN1277, you are correct, 2 method of conversion. (Revised on removing decimal for sen, my apology for the error. Note added on ICPS vs warrants)

Method 1: Very straight forward, AGES-PA shares price multiply by 13, at present of 3 x 13 = 39sen (not viable). Is this method hindering the mother shares from moving above 13sen? This method will 'force' convert in 10 years time.

Method 2: This method required 12sen cash. Why bother to convert when add another sen to buy mother share? Is this method also hindering the mother shares from moving above 13sen? To me, any price above 0.24sen equal incremental for both mother and PA shares theoretically.

My interest on AGES-PA started when @skyrider (AGES eps reduced by 10 times) highlighted AGES shares will be diluted as I have invested higher than 0.13sen earlier. Since I have free time to explore and share the info, maybe I can come to a conclusion to buy AGES-PA (lower entry cost) to average down my cost to cover my paper lost at present.

On EPS, the ICPS actually contributing (leverage) of 1sen and on conversion contributing 13sen to the earning of the company. So the question of dilution in some sense is debatable.

I am very positive in sand (silica) mining business as the abundance of cheap sand make the business viable; only major cost is transportation.

I am using Rakutan; no remisier to advice what is the right price of AGES-PA when mother shares moved. To me, all counters share prices depend on supply and demand, and profitability.

Note: After reading on ICPS, RPS and warrants: ICPS is my most prefer investment.
My reasoning: ICPS - very low upfront investment, good leverage to mother shares and chances won't lost all. My personal experience on warrants end up disastrous; usually lapse at RM0.005 although getting free.

Happy Trading.

Disclaimer: The above opinion does not represent a buy or sell recommendation; just a personal opinion and for sharing purposes only. Any offences and errors are unintentional; my apology in advance.

Posted by Sandcactus > 2020-11-17 13:49 | Report Abuse

I am attending. Just got the email from Rakuten and vote2u yesterday night.
But in the Agenda, none of it is about the sand business etc.
Let see what they present about future prospect.

Posted by IAN1277 > 2020-11-17 21:07 | Report Abuse

@BLee Thank you for Yr clarification.

Posted by furionstormrage > 2020-11-17 21:58 | Report Abuse

Why need EGM on 3rd Dec to vote for resolution on additional business nature? Why cant they arrange to vote same time tomorrow? Newbie here. Anyone can explain?

Posted by Sandcactus > 2020-11-17 22:17 | Report Abuse

New announcement today--3 Dec will have meeting for approval for diversification.
Why they wan to organise two times?

Anyway, 3rd Dec I can't attend. Too bad

Posted by MatthewBong > 2020-11-18 08:41 | Report Abuse

Today AGM?

Posted by Sandcactus > 2020-11-18 09:59 | Report Abuse

Ya. But not much info.
Answered few questions raised only.

Posted by Pcmont123 > 2020-11-18 14:23 | Report Abuse

Limit up?

Posted by fable > 2020-11-18 16:24 | Report Abuse

any important info from the agm?

Posted by Sandcactus > 2020-11-18 17:31 | Report Abuse

Did mention sand export in second quarter 2021, order book in construction segment cna last 2 to 3years,not much information .

Anyway,can refer to announcement today, proposal for diversification, more information there.

Posted by Sandcactus > 2020-11-18 17:32 | Report Abuse

Pcmont123, better don't limit up, just up steadily and don't look back.

Posted by Sandcactus > 2020-11-18 20:06 | Report Abuse

SingInvestor
See u there.

Posted by paultan > 2020-11-19 12:33 | Report Abuse

Company is doing very well since shifting to Sand business. Poised to shoot up as soon as next qtr result is out. No turning back. One way ticket to the star.

Posted by Harley Dav > 2020-11-19 12:50 | Report Abuse

Qr result out 5m profit, wodner why NTA keep dropping

Posted by gohkimhock > 2020-11-19 12:51 | Report Abuse

is the liabilities up? NTA is based on asset vs liability.

Posted by Harley Dav > 2020-11-19 13:18 | Report Abuse

Because of the issued shares

Posted by goreng_kaki > 2020-11-19 14:26 | Report Abuse

AGESON fair value already, take into consideration all Ages-PA being converted, current PE for ageson = 8.xx

don't thing PE now 2.94 is cheap...

Posted by goreng_kaki > 2020-11-19 14:28 | Report Abuse

Ages restructure all borrowing to be become repaying after twelve month....


mean that currently company have facing financial problem, this time hailat!!!!

Posted by Pcmont123 > 2020-11-19 14:34 | Report Abuse

Gap up soon

Posted by Blackhole > 2020-11-19 15:27 | Report Abuse

Just buy and hold. Better than fd.

Posted by Runnerup > 2020-11-19 15:37 | Report Abuse

Wow ... So many 0.135 sand ., Coming 0.14

Posted by unclekyyisbest > 2020-11-19 15:38 | Report Abuse

#Ageson #betterthanfd
Anyhow If now is the period of Recovery, I think Construction will be the next BIG THING as well.
Imagine Mega Project back to track. The potential of Ageson.

Posted by fable > 2020-11-19 15:39 | Report Abuse

definitely better than fd lol, now just wait for it

Posted by fable > 2020-11-19 15:45 | Report Abuse

if back to track, expect a 50%-70% growth, mmg boleh la

Posted by unclekyyisbest > 2020-11-19 15:47 | Report Abuse

Will it too much ? lol.

Posted by unclekyyisbest > 2020-11-19 15:48 | Report Abuse

but at least up is a confirm la. XD

Posted by fable > 2020-11-19 15:54 | Report Abuse

too much? nothing is too much my friend, so many jv coming soon, anymore we can ask for?

Posted by unclekyyisbest > 2020-11-19 16:28 | Report Abuse

Agree Fable. In Ageson we trust !

Posted by Michael Kwok > 2020-11-19 17:39 | Report Abuse

Ages I trust.Its already 40 percent over percents drop from 20 cents to low 11.5 cents.Nothing worry.Maybe must wait.

Posted by Oldmantc > 2020-11-19 22:22 | Report Abuse

Trade with caution

Posted by onionchong > 2020-11-19 22:54 | Report Abuse

Just hold for long term, wait until market recover. This counter will realize its value sooner or later

Posted by Orson Chin > 2020-11-19 22:56 | Report Abuse

Result so good... impossible 0.13 only....
keep it ...