Posted by CurryBento > 2022-04-20 13:15 | Report Abuse

Transportation and logistics costs are also important factors.

RHB Investment Bank said that developers have generally set a reduced sales objective this year (about -10 per cent year-on-year) after robust property sales in 2021.

Despite the rolling lockdowns from June to August, total property sales in 2021 increased by about 40 per cent yearly, partially boosted by the Home Ownership Campaign (HOC).

A few developers outperformed their sales projections. S P Setia, Sime Darby Property, Sunway, and Tambun Indah were among them.

"In our view, 2022's more conservative sales targets are probably due to the absence of the Home Ownership Campaign, expectations for an interest rate hike in the second half of 2022, and rising inflationary pressure," it said.

The investment bank said that rising inflationary pressure might potentially dampen household disposable income on the macroeconomic front.

Posted by CurryBento > 2022-04-20 13:16 | Report Abuse

"Given the market has just recovered from last year's lockdown, demand for property may be negatively affected

as property is deemed a big-ticket item that is considered non-discretionary. We believe the timing of election

and expectation of election results may swing sentiment," it said.


The investment bank believes that reopening the economy and international boundaries will also assist the

property sector.

Posted by CurryBento > 2022-04-20 13:16 | Report Abuse

Potential trading opportunities,given undemanding valuations


RHB Investment Bank opined that property stocks might offer short-term trading possibilities, given the sector is currently selling at a 64 per cent discount to RNAV, which has remained essentially stable since the end of 2021.


It said that recent news flow on the construction sector such as the takeover of highways in Klang Valley and the green light for the Mass Rapid Transit 3 (MRT3) may potentially have a positive spillover on the sector.


"Although the property sector is not a direct beneficiary, and MRT 3 is not a new project (the three lines were first announced in 2010/2011), we think sentiment on the property sector may improve over the near term, while the sector's cheap valuation is a good reason for investors to enter, especially those with a shorter investment horizon

Posted by whistlebower99 > 2022-04-20 15:27 |

Post removed.Why?

Posted by AlsvinChangan > 2022-04-20 16:03 | Report Abuse

Theoretical Price ex RI
0.29+(2*0.20)/3 = 0.23

Posted by 45AMG > 2022-04-20 16:10 | Report Abuse

Ageson die already.. conso share, now right issue again.. leave boat now..

Posted by 45AMG > 2022-04-20 16:15 | Report Abuse

That's what they want u to think.. ageson is valuable.. after conso also cannot go up.. current price is now same as 2cents before conso.. wtf

Posted by kangedd > 2022-04-20 16:26 | Report Abuse

That's why I said observe first, any announcement/big catalyst would be worth it

Posted by 240gpark > 2022-04-20 16:32 | Report Abuse

not yet die imo, construction sector on recovery mode now, AGES are still able to survive even during covid lockdown

Posted by 240gpark > 2022-04-20 16:37 | Report Abuse

with the recently new construction material company listing, it might bring some interest to AGES too,

Posted by whistlebower99 > 2022-04-20 16:49 | Report Abuse

Some penny stocks that had shares consolidation and fund raising via rights issue are pasukgb, pdz, kanger, lambo, sanichi, trive, netx, dgb, mtouche, etc

Good to see the price movement of these stocks for guidance

Posted by unclekyyisbest > 2022-04-20 18:06 | Report Abuse

Honestly I think all this while is not easy for Ages also, some might lose confident, some might undervalued. but by valuation still got chance. Hope that management take a wise move as Ages based actually not bad. Those penny stock above, don't said. everyday hit high volume.... lol.

Posted by HuatHuatHuatLa > 2022-04-20 21:14 | Report Abuse

walao, drop till no strength to pee la...hehe

Posted by linheng > 2022-04-21 05:13 | Report Abuse

Now market cap is 30 million. Owe Maybank 10m. Fully subscribed rights issue is 40m. If drop to 20 cents ( the rights issue price ), mkt cap after rights is 60m. Minus Maybank debt of 10m. Balance is only 50m after burning so much retailer's cash. Who will buy?

Posted by BLee > 2022-04-21 06:47 | Report Abuse

@linheng: Now market cap is 30 million. Owe Maybank 10m. Fully subscribed rights issue is 40m. If drop to 20 cents ( the rights issue price ), mkt cap after rights is 60m. Minus Maybank debt of 10m. Balance is only 50m after burning so much retailer's cash. Who will buy?
1 hour ago

BLee: Morning bro @linheng, market cap is NOSH x market price, nothing to do with debts. Once Maybank debt is cleared, operating profit will improve, plus point. Previous PP is used to clear RHB debt. So next QR reporting will minus all this interest payment. All these debts are from the previous management??...
Happy trading and TradeAtYourOwnRisk

Posted by Michael R. > 2022-04-21 10:17 | Report Abuse

If drop below 0.040 cent it is better the co go private and delisted.. No point of conning public investors... Where is their moral compass?

Going into KLSE is for a company to grow using public invested funds.. Not with aim to exploit the latter..

Posted by linheng > 2022-04-21 10:17 | Report Abuse

Retailers are badly burned in this counter & other penny stocks that went through a consolidation and bonus issue. Just look at Sanichi and Kangar. The share price went lower than the rights price and the proceeds from rights issue is not for repaying debts with bank. In AGESON case, the purpose of rights issue (About 40m raise) will be used to pay Maybank 10m

Posted by linheng > 2022-04-21 10:17 | Report Abuse

Rights issue

Posted by Michael R. > 2022-04-21 10:19 | Report Abuse

Definitely consolidation exercise disregards existing investors...

---------------------------------

whistlebower99

FOR NEWBIES

RENOUNCEABLE RIGHTS ISSUE OF UP TO 716,335,858 NEW ORDINARY SHARES IN AGESON BERHAD ("AGESON" OR "COMPANY") ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 6 MAY 2022 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.20 PER RIGHTS SHARE ("RIGHTS ISSUE")

Ex-Date 05 May 2022

Posted by 240gpark > 2022-04-21 10:23 | Report Abuse

By Ageson fundamental, they are still something less, takan they all want to get delisted right, after making a move, confirm there will be some flip over.

Posted by Citadel12 > 2022-04-21 10:30 |

Post removed.Why?

Posted by Citadel12 > 2022-04-21 10:31 |

Post removed.Why?

Posted by Citadel12 > 2022-04-21 10:32 |

Post removed.Why?

Posted by Michael R. > 2022-04-21 10:38 | Report Abuse

Definitely the price they will push down below 0.20 now..

My advise ...never touch if you know a co seems like exploiting its existing shareholders....

Posted by CurryBento > 2022-04-21 11:22 | Report Abuse

Debt free, worry free, soar free

Posted by CurryBento > 2022-04-21 11:24 | Report Abuse

This citadel confirm amateur , to him support means buy everyday hahahaha

Posted by mager1144 > 2022-04-21 11:24 | Report Abuse

conso is totally rubbish

Posted by mager1144 > 2022-04-21 11:25 | Report Abuse

make thing more worst

Posted by Hazmi90 > 2022-04-21 11:41 | Report Abuse

Yes, maybe go worst or maybe got chance. Construction is at period of picking up. If there are some news or project, Definitely having some chance.

Posted by Hazmi90 > 2022-04-21 11:41 | Report Abuse

is now highly based on the Ages how manage it nicely.

Posted by Citadel12 > 2022-04-21 11:50 |

Post removed.Why?

Posted by Michael R. > 2022-04-21 12:04 | Report Abuse

Conso and then RI PP is is tactical way of stealing investors money.. You bought 10,000 shares but after consolidation yours become 600shares... You though is was ok because NOSH is now too small.. But later got RI and PP to increase NOSH back to the amount close to prior consolidation..

Prices being further push down. Your shares now become almost no value/insignificant...

Posted by VegeBird1219 > 2022-04-21 12:54 | Report Abuse

tbh this question already answered many time, take money or not is not the main issue, the MOMENT you put money in AGES, they already took / you already gave money to them

THE IMPORTANT THING is to know what they going to do with the money, CLEAR DEBT, MORE OPPORTUNITY for coming projects, potential dividend.

"No Risk, No need spend money, Big Reward", this is a wishful thinking, you're smart, think logically
tak mau bayar, tapi mau rezeki, this mindset itself is alreadt bullsheet

Posted by VegeBird1219 > 2022-04-21 13:00 | Report Abuse

generally i wont say Conso is a geniusly good idea but fair lahh you get what you should get,

Reality is reality, u need money to make MORE MONEY, but if this is too much risk for your stomach to take then you NEED TO find out yourself lorr which counter is suitable for you (COCOLAND,AJI,NESTLE, BANKS & ETC), no point to TALK SO MUCH and waste your time typing, waste our time reading

Dont ask REPITITIVE questions d the answer is ALL UP THERE dont lazy, scroll up

Posted by BLee > 2022-04-21 13:03 | Report Abuse

@Michael R.: Conso and then RI PP is is tactical way of stealing investors money.. You bought 10,000 shares but after consolidation yours become 600shares... You though is was ok because NOSH is now too small.. But later got RI and PP to increase NOSH back to the amount close to prior consolidation..

Prices being further push down. Your shares now become almost no value/insignificant...

21 minutes ago

BLee: Hi bro @Michael R., partly agreed as AGES share price now almost reaching RI price. The sequence is PP at 0.05, then conso 15 to 1, meaning PP price will be 0.75 post conso. So whoever takes up PP is losing more than 50%, got the chance to cost averaging at RI price of 0.20. Only PP/retailers who don't subscribe to RI will be diluted in value (NTA). The one who picks up the access shares will gain. Seems 'Big Shark' will 'sapu' the small 'billis'..I will cost averaging my AGES-PA before the ex-date.
Happy trading and TradeAtYourOwnRisk

Posted by Target1 > 2022-04-21 13:16 | Report Abuse

CIBAY PUAYA COUNTER, MAKE INVESTOR RUGI BANYAK

Posted by Target1 > 2022-04-21 13:26 | Report Abuse

CURI INVESTOR PUAYA UANG THIS COUNTER. HATI HATI THIS COUNTER

Posted by Citadel12 > 2022-04-21 13:28 |

Post removed.Why?

Posted by Target1 > 2022-04-21 14:06 | Report Abuse

IF construction business can make money, use that money to payback the bank n why right issue terus curi investor puaya uang. REALLY RUBBISH .

Posted by unline > 2022-04-21 14:21 | Report Abuse

today down quite many.. what happn

Posted by unline > 2022-04-21 14:22 | Report Abuse

lol why so much hate? share price up and down everyday, when share price up sure you guys comment differently

Posted by carilembu > 2022-04-21 14:22 | Report Abuse

For newbies and those who haven't bought, don't buy. Poor management. Last year founder and MD sold all his shares and was sued for siphoning off funds from the company. Had held this share when it was L&M, reverse takeover by Prinsiptek in 2005, and changed name and now Ageson. After many consolidations, cash calls and RIs which I didn't subscribe, I am left with only 2 shares! One hundred percent total loss!!!

Posted by unline > 2022-04-21 14:23 | Report Abuse

hello carilembu, that is old management pls

https://www.thestar.com.my/business/business-news/2021/04/07/ferrier-hodgson-completes-forensic-audit-on-agesons-suit-against-its-former-managing-director

Posted by unline > 2022-04-21 14:23 | Report Abuse

this new management at least is making money lor

Posted by Citadel12 > 2022-04-21 14:24 |

Post removed.Why?

Posted by linheng > 2022-04-21 14:25 | Report Abuse

Ex date for 2 For 1 rights at 20 cents per share is 7th May 2022. By 6th May will be near to 20 cents

Posted by unline > 2022-04-21 14:25 | Report Abuse

lets see, sure rights issue will have people oversubscribe a portion

Posted by unline > 2022-04-21 14:25 | Report Abuse

i hope so, if 20 cents can buy more LOL

Posted by unline > 2022-04-21 14:26 | Report Abuse

costs cheaper than RI then, hehe

Posted by SengGor1011 > 2022-04-21 14:26 | Report Abuse

Target 1 context pls , what is your context ??

stock price drop means SCAM, then ENTIRE KLSE EVERY COUNTER ALL SCAM ???