Posted by LohNewbie > 2021-06-17 10:16 | Report Abuse

https://www.investingnote.com/stocks/BURSA:7145#/all

Posted by LohNewbie > 2021-06-17 10:18 | Report Abuse

thteoh58
thteoh58
May 26, 2021, 04:12•
712
Resilient Support – Something Big Must Be Brewing!


For seasoned investors or traders, “consolidation period” is definitely not a stranger to them. But for new investors, consolidation means the movement of share price being consistent in trading in a tight range, for example:





As you can see, the share price for AGESON BERHAD (“AGES”) is trading in a very tight range of 12.0 cents to 14.0 cents. What exactly is brewing behind the share price of the company?


Our observation on the recent announcement by the company had only resulted in an interesting finding, which would be the potential rights issue of ICULS for the company.


Irredeemable Convertible Unsecured Loan Stocks (“ICULS”) is an interesting convertible derivative used by corporate figures to raise fund. Based on my personal experience, ICULS is MUCH BETTER than conventional method of fund-raising activities, such as bank borrowings, rights issue of common share, bond issuance or even sukuk issuance. The reason being that is because of the seniority of ICULS. Technically, ICULS would ultimately rank the last when it comes to the liquidation of a company – but of course for AGES, it seems like we had no chance to even talk about potential liquidation, given the stellar performance by the company.


Before the proceed further, these are some of the benefits of ICULS fund raising:


No interest bearings.

No repayment commitment.

No fixed dividend payment.

No ranking seniority which erodes shareholder’s right.

No immediate dilution in share price.

Increased interest in company.

Increased liquidity upon conversion.

Raised fund before any dilution.


My personal experience on any potential ICPS, RCPS or ICULS issuance is that would result in a driving interest in share price. Company such as NOVA, NIHSIN, SUNWAY, ARBB or even the recent BIOHLDG had shown a upward in share price once the issuance date has been fixed.


Therefore, it is very suspicious to me as to where AGES’s share price has been consolidating since August last year. This looks like a common consolidation phase, in which any breakout in price would immediately form a new powerful uptrend. Is there a risk for AGES’s consolidation phase to break downwards? Yes – but even after the announcement of MCO 3.0 and the latest quarterly result (Great results usually triggers sell on news), the share price of the company remains strong and steady, and well supported above 12.0 cents.


I believe some banker (庄家) is collecting the share, and once the ICULS had a fixed date, AGES’s share price would thrive. Several technical indicators such as OBV, MACD or even RSI is showing a neutral to slight positive signal despite the consolidation. Hence, something big might happen soon on AGES!


Tags: $AGES(7145.MY) ,$AGES-PR(7145PR.MY) ,$AGES-PA(7145PA.MY)

Posted by Ngcheekeong336 > 2021-06-17 11:58 | Report Abuse

Hi

Posted by andytfyap > 2021-06-17 15:47 | Report Abuse

And even with the PE ratio of 3 But yet no body interested to buy and invest, Why ? Is it possible that all the top investment arms in Malaysia also overlook this good investment opportunity? No way

Posted by Ngcheekeong336 > 2021-06-17 15:56 | Report Abuse

0n 19th sept 2019 ageson announcement their subsi esapile JV with QBE construction sdn bhd to consteuct the water treatment plant at sg langat selangor ....now this job terminated by QBE ..and QBE is sue ageson now .........batu ferrigih penang project also no progresscat all currently also sue by the bulk purcheser .....development at serdang perdana also no progress at all after 18 months .....project at shahalam ss13 also terminated by naza development ... project at rawang also terminated by BRDB berhad

Posted by Ngcheekeong336 > 2021-06-17 16:03 | Report Abuse

... fisrt you read the 26th feb 2021 ageson announcement apply icps ..ageson use the peoject development at sungai kelian baru batang padang perak ..this ageson boss fatty liew duplicat again at his another counter annum berhad ...please read annum berhad 5th may 2021 announcement ..fatty liew use the same project tittle to apply icps ..... he is cheating bursa and shareholders

Posted by Ngcheekeong336 > 2021-06-17 16:11 | Report Abuse

the sand busisness also fake ...until to no a kg of sand export out

Posted by Ngcheekeong336 > 2021-06-17 16:12 | Report Abuse

until today not a single kg of sand export out

Posted by rapparesh > 2021-06-17 16:18 | Report Abuse

Suddenly new account spamming nonsense again?

Posted by rapparesh > 2021-06-17 16:19 | Report Abuse

Where's your prove of no sand export? All you can is talk shit about AGES here without prove?

Posted by Goodprofit > 2021-06-17 16:20 | Report Abuse

no mining activities at PKP3.0

Posted by unclekyyisbest > 2021-06-17 16:22 | Report Abuse

No study article ke ?

Posted by unclekyyisbest > 2021-06-17 16:22 | Report Abuse

Sand – one of the world’s most important but constantly underappreciated commodity had finally had its shortage problem being undermined by climate experts. As an example, the global consumption rate of sand had tripled over the last two decades as a result of urbanization.

Posted by unclekyyisbest > 2021-06-17 16:23 | Report Abuse

*Excerpt of article from CNBC.



Statistics also show that the correlation between use of sand and cement is very close – as fundamentally, concrete is a mixture of paste (cement) and aggregates (sand & rock). The UN also estimates alongside with the booming construction market in China, which constitutes 58% of the total consumption.

Posted by unclekyyisbest > 2021-06-17 16:23 | Report Abuse

As we know, the consumption of sand & gravel is estimated to be 10 times higher than cement. With the spiking of cement prices, it is expected for sand prices to spike as well. Historically, sand was also perceived as a cheap, infinite raw material to extract from the environment. But we had not factor in the environmental and social costs, yet. And with the conscience for ESG is getting more and more important, it is no doubt that sand would see a supply strain with regulation tightens.

Posted by unclekyyisbest > 2021-06-17 16:23 | Report Abuse

In conclusion, sand businesses are going to boom anytime soon. In Malaysia market, unfortunately there are only a few options to leverage on the booming of sand business. But one of the most undervalued company of all time should be AGESON BERHAD (AGES).

Posted by unclekyyisbest > 2021-06-17 16:23 | Report Abuse

To recap, AGES had a huge transformation from a pureplay construction company but was mismanaged by the previous management, and just had new business owners injected their capital in, where they also expand the new AGES’s business into property development, consultation as well as sand exportation.

Posted by unclekyyisbest > 2021-06-17 16:23 | Report Abuse

Based on an announcement by the company on 18th November 2020, the company had issued a circular to get shareholder’s approval to expand into the sand business. In the circular, the company also did mention about several types of sand that is commercially viable but for now, AGES will first focus on river sand, silica sand and sea sand first.

Posted by unclekyyisbest > 2021-06-17 16:23 | Report Abuse

Investors that are familiar with the sand market should have one big question in mind – how are they going to get approval for the sand mining? Well, they don’t. Knowing how tedious it would be to get the regulator’s approval, AGES had a deal with state-owned MBI Kedah who had the license to do so and had incorporated a joint venture for the business.

Posted by unclekyyisbest > 2021-06-17 16:23 | Report Abuse

As of today, the company had approximately RM 28,169.9 million worth of contract on hand. Although the contracts range from less than a year in tenure to more than 15 years; it is also important to note that AGES’s revenue for financial year 2020 is only approximately RM 100 million. Hence the impact of the sand business would be really huge when it comes up.

Posted by aarowsiewkh > 2021-06-17 16:29 | Report Abuse

lol, old discussion again ?

Posted by aarowsiewkh > 2021-06-17 16:30 | Report Abuse

Well, For value investing. Those comment on above wish that business go for instant result and outcome? This is Bursa Marketplace, Not giant marketplace. No such thing as instant result and outcome. -.-

Posted by fable > 2021-06-17 16:45 | Report Abuse

EGM coming soon, big announcement ahead?

Posted by fable > 2021-06-17 16:46 | Report Abuse

new account spreading fake news again? same old trick by the ex-management it seems

Posted by 240gpark > 2021-06-17 16:51 | Report Abuse

lol

Posted by 240gpark > 2021-06-17 16:52 | Report Abuse

@fable, this ?
https://www.theedgemarkets.com/article/ageson-sues-former-md-director-and-others-over-alleged-scheme-defraud-company

Posted by andytfyap > 2021-06-17 17:09 | Report Abuse

No need to debate on uncertaintied, as cautious investor, i will write to SC seeking clarification whether this Ages really has valid sand agreement Or licences and also the tenure of the license, if proven that they dont have any valid agreements in hand or their license lapses and yet they keep quiet about it and not making any timely announcement as required by the listing requirements, then shall let SC to reprimand them accordingly.

Posted by fable > 2021-06-17 17:13 | Report Abuse

Thanks, I just hate these new account just keep spreading fake rumors. Let us know when SC reply you

Posted by 240gpark > 2021-06-17 17:23 | Report Abuse

hhahah... Nice come back. lol

Posted by fable > 2021-06-17 17:43 | Report Abuse

@240gpark Yep, might be the same syndicate that trashtalk and spread rumors few months back

Posted by kpowersohai > 2021-06-17 19:35 | Report Abuse

buying pressure grew day after day...please get in at whatever price before flying to the moon....hold tight2....

Posted by Tigger > 2021-06-17 19:35 | Report Abuse

Ngcheekeong336 ... fisrt you read the 26th feb 2021 ageson announcement apply icps ..ageson use the peoject development at sungai kelian baru batang padang perak ..this ageson boss fatty liew duplicat again at his another counter annum berhad ...please read annum berhad 5th may 2021 announcement ..fatty liew use the same project tittle to apply icps ..... he is cheating bursa and shareholders

Ans: Is this intentional & malicious lie or pure lack of knowledge

Fact 1: Ageson has a JV with MBI Perak to develop a piece of government land. In this case Ageson is a Developer.

Fact 2: Annum won a sub contract to clear the land and do earth work. If the work refers to the same piece of land is that cheating?

Please get the facts right before accusing.

Posted by StevenKhoo111 > 2021-06-17 20:22 | Report Abuse

I started to confuse who is real account and fake.

To be honest, Ages maybe not so good as everyone expected but at least the company is improving a lots after take over from the previous management.

I am not sure how's the sand project going, but well I Agree what said above.

Every business come with patient and time.

Even topglove & harta also same. Not instant outcome. [|f goreng different story la. ]

Let's come to the next part

At least when come to compare the ex management, PRINSPEK.I think everyone will more agree to holding Ages more than the ex-management. Ageson’s ex-managing director Datuk Foo Chu Jong - Prinsiptek Corp Bhd- has cheated most of the investor. It is also stated at edgeprop and the edge and there is 3 years ago.

The biggest CHEAT to all the investor who TRUST on Dato Foo.

If really compare two parties.

Ageson at least MAKE PROFIT and show RESULT to everyone who invested in the company.

I don't know the game will continue how long for both parties.

I just care my share tickets at AGES and the money that profit to me.

Posted by tankoksiong > 2021-06-17 20:27 | Report Abuse

对于经验丰富的投资者而言，“盘整期”对于他们而言绝对不是陌生的。 但是对于新投资者而言，盘整意味着股价的波动在小范围内保持一致，例如：

如图所见， AGESON BERHAD（“ AGES”）的股价在非常小的范围12.0仙至14.0仙之间波动着。 公司股价的背后到底发生了什么事情？

Posted by tankoksiong > 2021-06-17 20:27 | Report Abuse

我最近从该公司所发布的公告中发现了一个有趣的事情， 那就是AGES发行的ICULS对公司带来的潜在上涨潜能。


ICULS，也被称为不可赎回的可转换无担保贷款股票， 是公司用来筹集资金的一种有趣的可转换股票。 根据我的个人经验，ICULS比传统的筹款活动方法要好得多，如银行借款，普通股供股，债券发行或回教债券发行。 主要原因是由于ICULS的资产排行等级。 从技术上来说，在公司遭到清算时，ICULS最终将排在最后一位。 但是对于表现出色的AGES，我们似乎没有机会谈论公司清算的可能性。

Posted by tankoksiong > 2021-06-17 20:27 | Report Abuse

在我们继续讨论前， 这是ICULS对筹集资金带来的好处：

不存在利息的轴承
不存在还款的责任
不会影响股东的权益
股价不会立即产生稀释效应
增加市场对公司的兴趣
转换时增加流动性。
在股价稀释之前募集到资金

Posted by tankoksiong > 2021-06-17 20:28 | Report Abuse

我对任何ICPS，RCPS或ICULS发行的个人经验是， 这会导致发行公司的股价上涨。 一旦确定了发行日期，NOVA，NIHSIN，SUNWAY，ARBB或什至最近的BIOHLDG等公司的股价都已经上涨了。


因此，对于自去年8月以来AGES的股价一直处在整固期的状况，我感到非常怀疑。 这似乎是一个常见的整固阶段，其中任何价格突破都将立即形成新的强劲上升趋势。 AGES的整固阶段可能会瓦解吗？ 这是可能的， 即使进入了MCO 3.0和公布了最新的季度业绩（通常良好的业绩会引起股票抛售）， AGES的股价仍保持强劲稳定，在12.0仙上方得到了有力的支撑点。


我相信现在有些庄家正在收集AGES的股票， 一旦ICULS的发型日期公布了； AGES的股价将一路高飞猛进。 而且有些技术指标， 如OBV，MACD，RSI等都示出中性至轻微的上涨信号。 AGES很可能的股价很可能在近期出现暴涨的可能性！

Posted by kangedd > 2021-06-17 20:29 | Report Abuse

On fire again ?

Posted by kangedd > 2021-06-17 20:30 | Report Abuse

hahahah... Tomorrow will come next round.

Posted by kangedd > 2021-06-17 20:33 | Report Abuse

Relax guys.....

Posted by 240gpark > 2021-06-17 21:00 | Report Abuse

No need care la. Ez 0.30

Posted by 240gpark > 2021-06-17 21:01 | Report Abuse

Just wait and see the result

Posted by davors > 2021-06-17 21:06 | Report Abuse

be cautious... going down further...

Posted by Klse_faizan > 2021-06-17 22:40 | Report Abuse

Tomolo next round to dumb…

Posted by CHLEONG888 > 2021-06-18 05:24 | Report Abuse

suddenly so many comments, ALL bullshit

Posted by mananghunter > 2021-06-18 12:24 | Report Abuse

just wait for the ICULS to approved, AGES time to fly

Posted by mananghunter > 2021-06-18 12:28 | Report Abuse

all i can see is buying pressure getting high everyday, prepare to breakout when ICULS approved

Posted by mananghunter > 2021-06-18 13:25 | Report Abuse

Some benefit of ICULS fundraising

- No interest bearings.
- No repayment commitment.
- No fixed dividend payment.
- No ranking seniority which erodes shareholder’s right.
- No immediate dilution in share price.
- Increased interest in company.
- Increased liquidity upon conversion.
- Raised fund before any dilution.

Posted by Newuser777 > 2021-06-18 13:52 | Report Abuse

lol same group of 'highly intelligent' investors are still trapped here and cheering everyday

Posted by Newuser777 > 2021-06-18 13:56 | Report Abuse

reading all those analysis makes me wanna laugh