AGESON BERHAD

KLSE (MYR): AGES (7145)

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Last Price

0.065

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


34 people like this.

15,068 comment(s). Last comment by felet404 1 day ago

Thorman

100 posts

Posted by Thorman > 2022-06-27 23:25 | Report Abuse

Dana dari Swiss Bank ker atau Dana pelabur asing?

Investfrog

215 posts

Posted by Investfrog > 2022-06-28 15:38 | Report Abuse

market sentiment is still bad, what are u talking about???

kangedd

457 posts

Posted by kangedd > 2022-06-28 16:46 | Report Abuse

marketing is rebounding now, wish for the best to come...

NorAfan

127 posts

Posted by NorAfan > 2022-06-28 18:52 | Report Abuse

Betul. Dana dari pelabur tempatan. Tunggu the breakout soon

Posted by CarolineTeoh > 2022-06-28 19:07 | Report Abuse

Market sentiment behaves like wave, sometimes good (driven by good government policy etc) or bad (driven by bad statistic of indexes, e.g. bad CPI, PCE). Today's asian markets are closing green, hence stipulated.

JettLeong

423 posts

Posted by JettLeong > 2022-06-28 19:18 | Report Abuse

Market sentiment skewed to optimistic for now I think. Wait for PCE index this Thursday ba. Expected it will lower down a bit, then the market will be very green afterwards. Haha.

Posted by VegeBird1219 > 2022-06-29 14:35 | Report Abuse

construction shud slowly picking up throughout the first half year 2023

Posted by VegeBird1219 > 2022-06-29 14:36 | Report Abuse

some construction related stock already got their stock price move, Ages price still havent move much yet, can consider

Investfrog

215 posts

Posted by Investfrog > 2022-06-29 15:23 | Report Abuse

market rebounding follow by volume picking up, traders are taking short term profit now

Investfrog

215 posts

Posted by Investfrog > 2022-06-29 17:45 | Report Abuse

loss steam after lunch...

JettLeong

423 posts

Posted by JettLeong > 2022-06-29 20:23 | Report Abuse

Temporary drawdown i think due to profit taking and wait for the important PCE index to announce tomorrow...

Posted by CarolineTeoh > 2022-06-29 20:31 | Report Abuse

Yup. Traders are taking short term profit 1st and waiting for the PCE index tomorrow as the market would be very volatile during that moment

NorAfan

127 posts

Posted by NorAfan > 2022-06-29 20:43 | Report Abuse

Betul. Mengambil sikit untung buat sementara untuk menghadapi ketidaktentuan pasaran besok

Posted by SengGor1011 > 2022-06-30 13:34 | Report Abuse

new MRT line!

Posted by CarolineTeoh > 2022-06-30 16:30 | Report Abuse

I guess today will close at the current supporting price of RM0.20 ba...Stay tune for tonight de PCE announcement. Expected PCE will lower down a bit to mitigate bad market sentiment

JettLeong

423 posts

Posted by JettLeong > 2022-06-30 16:41 | Report Abuse

Last day of 2Q22. It will close green for window dressing I think

Investfrog

215 posts

Posted by Investfrog > 2022-06-30 16:46 | Report Abuse

still can close green today

NorAfan

127 posts

Posted by NorAfan > 2022-06-30 16:56 | Report Abuse

Yupe. Nampaknya ia akan ditutup hijau pada harga sokongan semasa. Terus memerhatikan perkembangan indexes penting malam ni

Posted by SengGor1011 > 2022-07-01 13:22 | Report Abuse

new listed construction meterial company show interests in AG, havent factor in price

Posted by SengGor1011 > 2022-07-01 13:27 | Report Abuse

this going to benefit AG by alot, bill and transaction for construction is always big number big sum :)

risk : reward ratio is very attractive !

Investfrog

215 posts

Posted by Investfrog > 2022-07-01 14:46 | Report Abuse

let's hope july will be a better month....

kangedd

457 posts

Posted by kangedd > 2022-07-01 16:24 | Report Abuse

Big number but no announcement or update yet, everything are just speculating now

NorAfan

127 posts

Posted by NorAfan > 2022-07-01 18:28 | Report Abuse

Pergerakan masih mantap dan padangan masih tetap tentang kaunter ni. Ia akan mendapat manfaat daripada gelombang pembinaan dan pilihan raya

JettLeong

423 posts

Posted by JettLeong > 2022-07-01 23:46 | Report Abuse

Optimistic price movement as it stays firmly at the support price of 20 cents during pessimistic market situation. Very nice

Posted by CarolineTeoh > 2022-07-02 00:04 | Report Abuse

As expected, core PCE index is lower down a bit (4.7% increased YoY; previous month was 4.9% ) but bad market sentiment was not mitigated as anticipated. On the bright side, this company still stays firmly at the support price

Posted by whistlebower99 > 2022-07-04 11:26 | Report Abuse

FOR NEWBIES

Some penny stocks that offered rights issue :-

1. FAST 17/11/21 RI 2:1 @ 0.12
2. EASTLND 17/1/22 RI 19:7 @0.07
3. ARBB 19/1/22 RI 1:1 @ 0.12
4. CSH 21/12/21 RI 1:1 @ 0.15
5. VIZIONE 4/2/22 RI 1:1 @ 0.08
6. TWL 8/9/21 RI 3:4 @ 0.04
7. PASUKGB 21/6/21 RI 6:1 @ 0.10
8. PDZ 1/8/21 RI 6:1 @ 0.14
9. PERMAJU 3/11/21 RI 1:1 @ 0.07
10. BCMALL 23/7/21 RI 6:4 @ 0.08
11. AGES 5/5/22 RI 2:1 @ 0.20

=================
TAYOR, set realistic target if trading

Investfrog

215 posts

Posted by Investfrog > 2022-07-04 15:24 | Report Abuse

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 whistlebower99 > 2022-07-04 16:51 | Report Abuse

Operator & Cindy Kate starting to push up ?
Trade with care, set realistic target price

Posted by SengGor1011 > 2022-07-04 16:54 | Report Abuse

today ok ok volume, can be better

Posted by whistlebower99 > 2022-07-04 16:55 | Report Abuse

FOR NEWBIES

Be reminded of recently completed corporate exercises :-

================
1. CONSOLIDATION OF EVERY 15 EXISTING ORDINARY SHARES IN AGESON BERHAD HELD AS AT 5:00 P.M. ON 12 APRIL 2022 ("ENTITLEMENT DATE") INTO 1 SHARE.

=================
2. RENOUNCEABLE RIGHTS ISSUE OF UP TO 716,335,858 NEW ORDINARY SHARES IN AGESON BERHAD 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

================
Acceptance and Payment 24 May 2022 05:00 PM
Excess share application and payment 24 May 2022 05:00 PM
Closing price = 0.205

Total valid acceptances 144,037,582 69.32
Total valid excess applications 67,459,151 32.47

30% retail investors didn't take up the rights issue
Excess shares most likely taken up by directors, friendly agents & operators to ensure success of the fund raising exercise

==================
Directors might need to announce more MOUs, contract awards to attract more retailers to the stock
Major subscribers of rights & excess shares might release their shares to retailers, to free up their fund tied up in the subscription

===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance

====================
TAYOR, set realistic target

NorAfan

127 posts

Posted by NorAfan > 2022-07-04 21:23 | Report Abuse

Tahniah kepada pelabur yang kutip pada harga 19 or 20 cents. Seperti yang saya katakan sebelum ini, kesabaran adalah kuncinya

Posted by telurbungkus > 2022-07-04 21:25 | Report Abuse

Cunnn pricing yg tutup, sedap 20% hehehe

Posted by CarolineTeoh > 2022-07-04 21:34 | Report Abuse

Yes. Congratulations to those who bought at cheap price. Keep monitoring and it might be jumped up more since GE 15 is getting closer

JettLeong

423 posts

Posted by JettLeong > 2022-07-04 21:45 | Report Abuse

Agreed. Need to keep monitoring the price movement and the good news they deliver. Brace for the counter to rocket up

Posted by whistlebower99 > 2022-07-05 10:47 | Report Abuse

FOR NEWBIES

Congrats to those making 21% profit within 2 days. Trade with care. Operators have lots of rights excess shares to dispose to retailers to move their funds out.

============
TAYOR, set realistic target

Investfrog

215 posts

Posted by Investfrog > 2022-07-05 13:27 | Report Abuse

Take some profit first, and ready for 2nd round

Posted by VegeBird1219 > 2022-07-05 14:43 | Report Abuse

i mean, where are those monkeys who can go thru ups and downs together

Posted by unclekyyisbest > 2022-07-05 15:09 | Report Abuse

Strong rebound , got hope

Posted by VegeBird1219 > 2022-07-05 16:40 | Report Abuse

dont go too fast, wait for me

kangedd

457 posts

Posted by kangedd > 2022-07-05 16:42 | Report Abuse

Ages are showing strong movement today, will the momentum continue throughout this week?

Investfrog

215 posts

Posted by Investfrog > 2022-07-05 18:30 | Report Abuse

Sometimes, going against the naysayers are like surfing against a wave in opposite direction. However, good companies will always reflect in value eventually.

AGESON BERHAD is by far the best example I’ve seen.

After the long consolidation phase by AGESON BERHAD, and despite the market was in fact terrible today, we still see a powerful rally in the company’s share price. That is, along with volume of 5.65 million shares changed hand.

Despite a strong rebound of share price by 14.6%, the current Price-to-Earnings valuation of the company is still relatively low at 1.71 times, way below the market benchmark of 8 to 10 times trailing PE for construction or developer companies.

Yesterday’s rally is just the beginning.

For long term investors, you may price in AGESON at a 5 times valuation and see it for yourself for how far the company can go. And for traders, a short-term TP of 30 cents is very viable by end of this week.

Hold tight, fellow AGESON shareholders!

Posted by whistlebower99 > 2022-07-06 09:05 | Report Abuse

Many long investors had their shareholding reduced by 15 times due to directors doing share consolidation exercise.
Many incurred huge losses due to this exercise. Waiting to see if directors can bring in more businesses and generate more profits in near future.

TAYOR

Posted by whistlebower99 > 2022-07-06 11:38 | Report Abuse

At current price of 0.245, more than 20% profits for operators, directors and major subscribers of excess rights shares.
Good opportunity to move the money out to other stocks

Posted by limabel608 > 2022-07-06 15:23 | Report Abuse

Small rebound... as long stay above 0.20 on current market is good enough

Posted by limabel608 > 2022-07-06 15:24 | Report Abuse

Continue monitor

Posted by SengGor1011 > 2022-07-06 15:48 | Report Abuse

everyday closer to 30 sen laii

kangedd

457 posts

Posted by kangedd > 2022-07-06 17:07 | Report Abuse

not so soon bro, long way to go....

Posted by SengGor1011 > 2022-07-06 17:26 | Report Abuse

stabily maintaining 20 sen above during bear market

kangedd

457 posts

Posted by kangedd > 2022-07-06 18:07 | Report Abuse

just market correction, don't think too much lol

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