Posted by kfliau > 2022-05-17 21:42 | Report Abuse

If mayor shareholders forced to subscribe a big chunk of excess rights, they will definitely pump up to off load. Let's see how is the subscription result on 24th

Posted by Globalview88 > 2022-05-18 12:25 | Report Abuse

Haha Loh Kok Wai .macam boss ai cao Lou liao..hahaha.

Posted by unclekyyisbest > 2022-05-18 14:00 | Report Abuse

No mou doesn’t means caolou la

Posted by unclekyyisbest > 2022-05-18 14:01 | Report Abuse

Just need more time to recover

Posted by CurryBento > 2022-05-18 15:19 | Report Abuse

this lou kah wai confirm amateur haha RI money can simply take lol ,

globalview boss havent cao lou, but your face confirm cao da :)

Posted by CurryBento > 2022-05-18 15:20 | Report Abuse

interesting people simply simply comment, slowly expose their lack of knowledge and ignorance, plus their FORTUNE TELLER TALENT

Posted by SengGor1011 > 2022-05-18 15:28 | Report Abuse

The adjusted EPS of the company is approximately 2.82, and when adjusted to the current share price of the company, AGES is trading at a TTM PER of 1.06 times.

Under the Bursa Construction Index, the normalized valuation for a 5-year average has always been around 6.7 times PER for profitable companies. (Source – Bloomberg)

In other words, AGES is deeply undervalued, with or without positive development from mega projects.

Nevertheless, the company will undergo a share consolidation exercise to reduce the share circulation as an effort to encourage shareholders to stay. Sadly, most investors had mistakenly taken AGES as one of the other penny stocks.

So my thesis is, why chase after highly valued stocks, when you can buy one at 1/5 of the valuation?

Posted by SengGor1011 > 2022-05-18 15:28 | Report Abuse

The improving growth trajectory would be driven by the recovery in domestic-oriented sectors as almost all economic and social sectors return to normalcy amid Malaysia's high vaccination rate and rapid rollout of booster shots.

The re-opening of international borders would facilitate the recovery of tourism-related industries and alleviate pockets of foreign labour shortages in the domestic economy, Bank Negara said in its Economic and Monetary Review 2021 released today.

The central bank's governor Tan Sri Nor Shamsiah Mohd Yunus, meanwhile, said its current monetary policy stance would continue to remain accommodative to support economic recovery and ensure price stability.

noice <3

Posted by CurryBento > 2022-05-19 09:33 | Report Abuse

Economy recovering, sectors all get some breathers

Posted by CurryBento > 2022-05-19 09:35 | Report Abuse

Something good for the big environment

Posted by whistlebower99 > 2022-05-19 15:55 | Report Abuse

Very likely price will drop further after closing date for rights subscription.
Based on price trend of other penny stocks with similar corporate exercises.
TAYOR

Posted by kangedd > 2022-05-19 18:03 | Report Abuse

Monitor the price, getting closer to d-day

Posted by VegeBird1219 > 2022-05-19 18:10 | Report Abuse

quiet day quiet day, all busy renew Passport kot AHAHAHAHAHAHA

Posted by kfliau > 2022-05-19 21:30 | Report Abuse

@whistlebower99 why would the major shareholders allow price to drop further after ri when they are forking out Hugh dum to subscribe at 20 cents?

Posted by kfliau > 2022-05-19 21:30 | Report Abuse

Sum

Posted by skylimit88 > 2022-05-20 01:15 | Report Abuse

The Malaysian construction industry grew by an estimated 1.5% in real terms in 2021, following an annual decline of 19.4% in 2020

The industry's output in 2021 was supported by an improvement in wider economic activity and more favorable external demand. Despite remaining stable in the first half of last year, construction activities plummeted in the third quarter of 2021, due to weakness in civil engineering, residential and non-residential building construction activity.

As a result, the Malaysian construction industry contracted by 2.6% year on year (YoY) in the first three quarters of 2021, according to the Department of Statistics Malaysia (DOSM). The industry is expected to have registered positive growth in the final quarter of 2021, supported by a fall in Coronavirus (COVID-19) infections and the subsequent relaxation of restrictions. However, severe flooding towards the end of Q4 2021 may slow growth in early Q1 2022.

Posted by skylimit88 > 2022-05-20 01:15 | Report Abuse

GlobalData expects the Malaysian construction industry to expand by 16.5% this year, supported by further improving economic conditions, the government's focus on completing large infrastructure projects, and increased investment on industrial and energy projects.

In December 2021, the Malaysian parliament passed the government's budget for 2022, approving an expenditure of MYR332.1 billion ($81.8 billion). The budget includes an allocation of MYR75.6 billion ($18.6 billion) for development expenditure, as well as a number of incentives to improve employment rates and support businesses.

The construction industry is expected to register an annual average growth of 6.2% between 2023 and 2026, driven by investment in large-scale transport and energy projects. In September 2021, the government announced its plan to establish the Public Private Partnership (PPP) 3.0 model, a specialized mechanism to fund infrastructure projects in the 12th Malaysia (12MP) plan between 2021 and 2025.

In June 2021, the government unveiled its energy transition plans until 2040, aiming to increase the proportion of renewable energy in the total energy mix from 2% in 2019, to 31% by 2025 and 40% by 2035. As part of the 12MP, the government announced its goal of developing 120 cities to achieve sustainable city status by 2025, by providing additional support to private sector projects implementing strategic development programmes. The government also intends to construct 500,000 affordable houses by 2025.

Posted by skylimit88 > 2022-05-20 01:16 | Report Abuse

Hoseh liao

https://www.globenewswire.com/news-release/2022/04/04/2415621/28124/en/Malaysia-Construction-Market-Report-2022-Construction-Industry-to-Expand-by-16-5-in-2022-Forecast-to-2026.html

Posted by whistlebower99 > 2022-05-20 09:29 | Report Abuse

kfliau

@whistlebower99 why would the major shareholders allow price to drop further after ri when they are forking out Hugh dum to subscribe at 20 cents?

=============
Refer to price movement of csh, arbb, fast, eastland, kanger, lambol permaju, etc with rights issue exercise.

Posted by kfliau > 2022-05-20 10:47 | Report Abuse

@whistlebower99 Yes I noticed it. What I can't understand is since the major shareholders forked out so much to subscribe the ri, it will be disastrous to them to allow the price to fall so low after ri. Baffling

Posted by CurryBento > 2022-05-20 10:56 | Report Abuse

when you are listed, price will not 100% be on your control, this is basic

pls today is an up day sir

Posted by CurryBento > 2022-05-20 11:00 | Report Abuse

whats the point of ask why drop why no up why this why that, until one day the price go up, and SUDDENLT quiet? :) trust what you buy, dont buy what you dont trust

Posted by BLee > 2022-05-20 11:20 | Report Abuse

@kfliau: @whistlebower99 Yes I noticed it. What I can't understand is since the major shareholders forked out so much to subscribe the ri, it will be disastrous to them to allow the price to fall so low after ri. Baffling

BLee: Hi Bro @kfliau, agreed with you, so Baffling. We can't compare an Orange with an Apple.
All the other stocks mentioned by Bro @whistlebower99, did most of the stocks have a record of more than 20 quarterly profits?
Did the majority shareholders make an undertaking not selling any shares prior to the RI completion?
Did the majority shareholders make an undertaking to subscribe up to RM10 million worth of RI shares picking up the unsubscribe shares?
Happy trading and TradeAtYourOwnRisk

Posted by unclekyyisbest > 2022-05-20 14:05 | Report Abuse

Construction is anytime back to field. GE15 is near...

Posted by unclekyyisbest > 2022-05-20 14:05 | Report Abuse

If umno win out, mega project and infrastructure related stock all will come back soon.

Posted by Investfrog > 2022-05-20 15:40 | Report Abuse

@unclekyyisbest u forget umno-linked stock, another big opportunity coming up

Posted by CurryBento > 2022-05-20 15:56 | Report Abuse

The come back of bossku?

Posted by CurryBento > 2022-05-20 15:56 | Report Abuse

Tbh Bossku era was the best era for stock market

Posted by Investfrog > 2022-05-20 16:51 | Report Abuse

Najib will bring me fly !

Posted by VegeBird1219 > 2022-05-21 13:06 | Report Abuse

the question is, even with bn taking back the politic power, will Najib take back the high post?

Posted by VegeBird1219 > 2022-05-21 13:06 | Report Abuse

later some other non related menteri tak berkaitan pulak hahahahaha

Posted by SengGor1011 > 2022-05-21 13:11 | Report Abuse

okay la previously they got invoice in mega project before, surely they can secure it again

Posted by DickyMe > 2022-05-21 13:12 |

Post removed.Why?

Posted by Globalview88 > 2022-05-21 19:21 | Report Abuse

Hahaha.invoices,do as well.

Posted by CurryBento > 2022-05-23 12:05 | Report Abuse

KUALA LUMPUR: Main market-listed Ageson Bhd has maintained its growth momentum in the third quarter (Q3) financial year ending 30 June 2022 (FY22) with a net profit increase of 41.8 per cent year-on-year (YoY) to RM8.8 million from RM6.2 million in the previous quarter.

The quarter's revenue doubled to RM103.9 million from RM48.8 million in Q3 FY21, owing to higher billing from the building materials business.

Posted by CurryBento > 2022-05-23 12:29 | Report Abuse

Executive director Datuk Sri Chin Kok Foong said construction remains the sole contributor to the company's revenue.

He said the low market sentiments still impacted the property development division amidst the spread of the Covid-19 Omicron variant.


"However, we are confident that proactive measures undertaken in the trading of building materials and the reopening of the economy will drive recovery for our property development business," he said in a statement yesterday.

Ageson's net profit increased by 45.5 per cent to RM34.5 million in the first nine months (9M) of FY22, up from RM23.7 million the previous year.

The strong performance was in line with the company's revenue, which jumped by 106.2 per cent to RM237.1 million in the 9M FY22 compared to RM115.0 million in the 9M FY21.

Posted by Investfrog > 2022-05-23 15:19 | Report Abuse

QR looking good... now waiting for next stop..

Posted by SengGor1011 > 2022-05-23 15:19 | Report Abuse

it's endemic soon, everyone get to catch a breather

wishing everyone got back what they have loss, it's been hard past 2 years for everyone

Posted by kangedd > 2022-05-23 16:41 | Report Abuse

:)) Stay positive and good luck guys

Posted by CurryBento > 2022-05-24 11:19 | Report Abuse

slowly climb, slow and steady

Posted by CurryBento > 2022-05-24 11:19 | Report Abuse

Support is forming, construction index havent move much yet, this is chance

Posted by VegeBird1219 > 2022-05-24 11:27 | Report Abuse

AGES had taken the initiative to proceed for equity funding in order to reduce the future costs of financing for the sake of investors.

Posted by VegeBird1219 > 2022-05-24 11:27 | Report Abuse

Two major shareholders of the company who will be undertaking at least 50 million shares of the rights issue.

Posted by whistlebower99 > 2022-05-24 12:20 | Report Abuse

Today is closing date for rights and excess share application

Acceptance and Payment 24 May 2022 05:00 PM
Excess share application and payment 24 May 2022 05:00 PM

Date for announcement of final subscription result and basis of allotment of excess Rights Securities 27 May 2022

Available/Listing Date 08 Jun 2022
https://www.klsescreener.com/v2/announcements/view/3535393

==================

Next important date is 27 May 2022 ad 8 June 2022

Posted by kfliau > 2022-05-24 12:48 | Report Abuse

Strange that the operator is not supporting the price today which is critical

Posted by kangedd > 2022-05-24 15:08 | Report Abuse

no worries, time to get prepared because big things are coming

Posted by Let's Gooooo > 2022-05-24 15:20 | Report Abuse

Ya, big drop is coming

Posted by 240gpark > 2022-05-24 16:17 | Report Abuse

No idea no prediction but meanwhile price is still able to carry up on the same range.

Posted by Investfrog > 2022-05-24 16:17 | Report Abuse

the management obviously will try to maintain the price since they also subscribe alot too

Posted by Loh Kok Wai W > 2022-05-24 21:42 | Report Abuse

don 't buy right issue anymore...cut lost now...just give Director money only.