Posted by BLee > 2021-10-21 11:41 | Report Abuse

@swimwithsharkss: Morning all :) Good for the company to cancel the ICPS, no more dilution to us shareholders!

21/10/2021 10:32 AM

BLee: Good morning @swimwithsharkss, only ICULS cancelled. ICPS (AGES-PA) not cancelled and no more be affected by this ICULS issuance, I hope...
Happy trading and TradeAtYourOwnRisk.

Posted by telurgoreng > 2021-10-21 13:42 | Report Abuse

Good news! Price will consolidate since no more dilution. Congrats to those who bought below 8 cents.

Posted by kangedd > 2021-10-21 14:02 | Report Abuse

Back to 10-13 cents range soon??

Posted by BLee > 2021-10-21 14:03 | Report Abuse

@telurgoreng, another good news: development financing obtained?
 "The Board of Directors of the Company (“Board”) wishes to announce that AHSB, an indirect 75%-owned subsidiary of the Company had on 21 October 2021, entered into a sale and development agreement (“Agreement”) with ZGDEG for the purchase of a piece of land measuring approximately 168 acres (“Industrial Land”) which is part of a land measuring approximately 475 acres located at Wilayah Sungai Kelian Baru, Mukim Batang Padang, Daerah Batang Padang, Perak (“Development Land”) by ZGDEG from AHSB and/or Menteri Besar Incorporated (Perak) (“MBI Perak”) at a purchase consideration of approximately RM278.78 million (“Purchase Consideration”)."
No wonder ICULS issuance not required. TradeAtYourOwnRisk.

Posted by BLee > 2021-10-21 14:42 | Report Abuse

@blackchicken, aborted ICULS was yesterday news, today news is investment of RM278.78mil from ZGDEG. What a good connection?
Happy trading and TradeAtYourOwnRisk.

Posted by Investfrog > 2021-10-21 15:08 | Report Abuse

Look bullish for AGES, ICULS scrapped, another new contract worth 278.78

Posted by Investfrog > 2021-10-21 15:09 | Report Abuse

AGES is gonna climb back to 10cent above range in no time

Posted by goodiewilly > 2021-10-21 17:38 | Report Abuse

Read the full announcement. Perak Government to bring in partners from China, and exclusive construction rights given to Ageson subsidiary.
ZGDEG was incorporated in the People's Republic of China on 13 July 2021.
As a conglomerate company based in Hangzhou, Zhejiang in China, ZGDEG
is principally involved in providing digital industrialisation and industrial
empowerment for the governmental and enterprise organisations and
promoting the optimisation and upgrading of the industrial economic system.
Hangzhow is Jack Ma, Alibaba home place..the digital system must be advance type.

Posted by goodiewilly > 2021-10-21 17:39 | Report Abuse

Ageson and ARBB be good as they are brothers.

Posted by BLee > 2021-10-21 18:30 | Report Abuse

@goodiewilly, very good info. Tq

Posted by fable > 2021-10-21 19:23 | Report Abuse

ZGDEG is principally involved in providing digital industrialisation and industrial empowerment for the governmental and enterprise organisations and promoting the optimisation and upgrading of the industrial economic system.

ZGDEG is also involved in several industrial park projects involving planning and building digital and intelligent cities for the Chinese government to improve urban management capabilities and economic growth.

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

Posted by fable > 2021-10-21 19:27 | Report Abuse

Overall, AGES will benefit a lot from this as ZGDEG are experienced, most likelyARBB will get involved too

Posted by goodiewilly > 2021-10-21 19:31 | Report Abuse

fable..good..thanks

Posted by 240gpark > 2021-10-21 19:51 | Report Abuse

nice, hopefully tomorrow will have a strong start

Posted by blackchicken > 2021-10-21 20:44 | Report Abuse

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

Posted by BLee > 2021-10-22 06:56 | Report Abuse

Morning Ageson Forumers, more details for reading:
https://focusmalaysia.my/ageson-to-tap-china-conglomerates-expertise-in-industrial-lot-operations/
TradeAtYourOwnRisk.

Posted by ahbeng > 2021-10-22 08:27 | Report Abuse

Market capitalisation only RM 110m, selling land can get RM 278.78mil, ready to rocket !!!

Posted by goodiewilly > 2021-10-22 08:27 |

Post removed.Why?

Posted by goodiewilly > 2021-10-22 08:38 | Report Abuse

good news but price stay..these counter remains

Posted by BLee > 2021-10-22 08:58 | Report Abuse

BLee @goodiewilly: BLee this article is good and more informative
22/10/2021 8:27 AM

BLee: Yes, we usually knows S&P, this is S&D. D for development of infra, that is including utilities (underground pipes, cabling manholes such as JC9C, IWK sewerage, etc) ready for connection to the development. It will be new experience for smart building infra for Ageson, for future construction projects...
Happy trading and TradeAtYourOwnRisk.
22/10/2021 8:57 AM

Posted by goodiewilly > 2021-10-22 09:00 | Report Abuse

what a joke...what kind of stock is these...hopeless

Posted by LohNewbie > 2021-10-22 09:21 | Report Abuse

• 【AGES(7145) 正在出售168英亩的工业用地】
AGES(7145) 正在出售位于霹雳州Batang Padang的一块面积约168英亩的工业用地，购买价格为2.7878亿令吉。Ageson持有75%股权的间接子公司Ageson Holdings Sdn Bhd与中国浙江国融数字经济集团有限公司达成了一项出售和开发协议。

Posted by swimwithsharkss > 2021-10-22 09:23 | Report Abuse

Morning guys! Good news for the company to monetize their assets :)

Posted by swimwithsharkss > 2021-10-22 09:24 | Report Abuse

@goodiewilly I would suggest you to not bring flipper / trader mentality into investment. AGES is a deep value counter that requires time for the market to realize its value before "rocket" in share price.

What we have to do is wait, and price will ultimately reflect on its own!

Posted by TanHuatHeng > 2021-10-22 09:30 | Report Abuse

May I ask, what more news does it need?

It cant even move half a ct with all this news.

Posted by swimwithsharkss > 2021-10-22 09:31 | Report Abuse

@TanHuatHeng Why would you need news to push a share price?

Such price movement is for actively "goreng" stocks, where AGES is a value play. Know to differentiate the both and you can position your trades better.

Posted by swimwithsharkss > 2021-10-22 09:40 | Report Abuse

@Hazmi90 I agree, let the company stay with stronger investors is the more important part of it :)

Posted by KYYSUPPORTER > 2021-10-22 09:50 | Report Abuse

ok.. ok.. solid price now

Posted by BLee > 2021-10-22 09:55 | Report Abuse

@Hazmi, @swimwithsharkss, agreed. The tortoise will win the race, cos the tortoise live much much longer than the hare..Happy trading

Posted by TanHuatHeng > 2021-10-22 09:57 | Report Abuse

to collect I have been buying from the bottom.

then sell them.

then buy back.

i am just saying it is not a value stock.

it pump and dump stock.

Posted by swimwithsharkss > 2021-10-22 10:05 | Report Abuse

@TanHuatHeng Its your opinion of course on what is a value stock :)

Only time will prove.

Posted by swimwithsharkss > 2021-10-22 10:05 | Report Abuse

I been following the company long enough to know if the company had potential, or nay.

Posted by swimwithsharkss > 2021-10-22 10:06 | Report Abuse

https://klse.i3investor.com/blogs/HIDDENGEMLIST/2021-10-22-story-h1592826645-Monetization_the_right_way_for_property_developers_to_work_smart.jsp

See my article here for more information!

Posted by KYYSUPPORTER > 2021-10-22 10:08 | Report Abuse

hahaha this joker.. what also pump and dump.. pls call topglov pump and dump also

Posted by BLee > 2021-10-22 10:42 | Report Abuse

@swimwithsharkss: https://klse.i3investor.com/blogs/HIDDENGEMLIST/2021-10-22-story-h1592826645-Monetization_the_right_way_for_property_developers_to_work_smart.jsp

See my article here for more information!
22/10/2021 10:06 AM

BLee: A good read, would give the article a 'like', but cannot find the button. Also would like to comment the infrastructure shall follow specification of the new technology, i.e. new experience for Ageson...
Happy trading

Posted by swimwithsharkss > 2021-10-22 12:05 | Report Abuse

@BLee Thanks :) Actually AGES is one of the few pioneer in IBS system but market have not factor this in yet.

Posted by FlyFried > 2021-10-22 13:16 | Report Abuse

Funny this little thing.

Posted by FlyFried > 2021-10-22 13:17 | Report Abuse

Buy earlier at 8.5 and 9

Still at 8.5

Posted by BLee > 2021-10-22 14:06 | Report Abuse

Hi Ageson Forumers, 3 good news 3 days in a row:
Third Good News...
The Board of Directors of the Company (“Board”) wishes to announce that Solidvest, an indirect wholly-owned subsidiary of the Company had on 22 October 2021, entered into a collaboration agreement (“Agreement”) with ShuangLing to undertake a proposed residential development project comprising 56 units of semi-detached houses, 4 units of bungalows on a piece of land held at Lot 9348, Mukim Batu, Daerah Gombak, Selangor Darul Ehsan ("Development Land”) ("Proposed Development”) that involves plan, develop, build and sell the Proposed Development (“Collaboration”).

Salient points (show favouring to Ageson only)
▪The estimated GDC for the Proposed Development shall be financed by the funds or finance by ShuangLing and/or ShuangLing to provide funding of up to RM50.0 million.

▪ (a) Solidvest shall be entitled for fifty-one percent (51%) of the net profit in relation to the Proposed Development less any turnover tax, value added tax, sales tax, withholding tax or other tax payable (“Net Profit”)

▪ Through this Collaboration, the Company is able to finance and kick-start the Proposed Development by the funds or finance by ShuangLing and/or ShuangLing to provide funding of up to RM50.0 million. This would also enable the Company to undertake the Proposed Development without proceed with the funding methods such as funds by bank borrowing which may increase the Company and its subsidiary companies’ (“Group”) gearing or by way of issuance of new securities which may potentially cause the dilution of shareholdings which is not favourable to the shareholders of the Company.

Happy trading and TradeAtYourOwnRisk.

Posted by FlyFried > 2021-10-22 14:47 | Report Abuse

News news news

Posted by StevenKhoo111 > 2021-10-22 15:23 | Report Abuse

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

Posted by kangedd > 2021-10-22 15:28 | Report Abuse

wah, so many good news for AGES, up up up

Posted by StevenKhoo111 > 2021-10-22 15:28 | Report Abuse

Guess Ageson will having strong come back soon

Posted by fable > 2021-10-22 15:40 | Report Abuse

@swimwithsharkss thanks for the article, i think thats one of the reason why they cancel the ICULS, Good to see less dilution and more cash flow for AGES

Posted by FlyFried > 2021-10-22 15:44 | Report Abuse

Ya lor. With good news hope hope hope hope lor

Posted by davors > 2021-10-22 16:11 | Report Abuse

technical wise shows it is going south...

Posted by goodiewilly > 2021-10-22 19:12 | Report Abuse

https://www.theedgemarkets.com/article/ageson-secures-rm952m-residential-development-project-selangor?type=malaysia

Posted by telurgoreng > 2021-10-22 23:10 | Report Abuse

Bunch of uptrend news for Ages. Looking to see this counter move up in the near future. Just need market to digest and realise what they missed out.

Posted by 240gpark > 2021-10-23 13:44 | Report Abuse

https://www.klsescreener.com/v2/news/view/898297

Posted by kangedd > 2021-10-23 16:56 | Report Abuse

“Through this partnership, the group will be able to conserve its cash to undertake more development projects or construction projects. Financing for the development of the project could be funded via the collaboration as well as progress payment from sales of the proposed development. This will avoid the need to tap external borrowings, which help Ageson to not to increase its gearing level,” according to Ageson executive director Datuk Seri Chin Kok Foong.


https://www.theedgemarkets.com/article/ageson-secures-rm952m-residential-development-project-selangor