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 4 days ago

Investfrog

215 posts

Posted by Investfrog > 2022-09-19 14:49 | Report Abuse

slowly touching 0.30 region, get ready ...

mf

27,854 posts

Posted by mf > 2022-09-19 15:16 | Report Abuse


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kangedd

457 posts

Posted by kangedd > 2022-09-19 16:08 | Report Abuse

dump more please, queing at 0.30

mf

27,854 posts

Posted by mf > 2022-09-19 21:38 | Report Abuse

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Posted by nimblecloud88 > 2022-09-20 10:25 | Report Abuse

Slowly wash out ikan bilis. 0.30 and above is still good to go

mf

27,854 posts

Posted by mf > 2022-09-20 14:48 | Report Abuse

run

Peace99

2,233 posts

Posted by Peace99 > 2022-09-20 15:08 | Report Abuse

Looks like keeping calm here in past weeks begins to pay off....

Investfrog

215 posts

Posted by Investfrog > 2022-09-20 15:21 | Report Abuse

touch 0.30 and rebounded as expected

kangedd

457 posts

Posted by kangedd > 2022-09-20 15:46 | Report Abuse

Why run when you can restock? rebound back up soon

Investfrog

215 posts

Posted by Investfrog > 2022-09-20 19:57 | Report Abuse

not running, just waiting for good entry point again

Investfrog

215 posts

Posted by Investfrog > 2022-09-21 15:20 | Report Abuse

Would be nice to stay above 30 sen

mf

27,854 posts

Posted by mf > 2022-09-21 15:24 | Report Abuse

14 MIN AGO
watch livePutin escalates tensions with war threats to the West; Ukraine slams ‘sham’ votes on joining Russia

kangedd

457 posts

Posted by kangedd > 2022-09-21 16:21 | Report Abuse

rebound this week? or russia sabotaging the market again?

Peace99

2,233 posts

Posted by Peace99 > 2022-09-22 09:25 | Report Abuse

Just wish to point out that the Net Asset per share =0.23 stated in the most recent QR (ended 31 Mar 2022) is before share consolidation and right issue. Since consolidation is 6 to 1, right issue is 2OR to 1 share and basically fully subscripted, the Net Asset per share now should be doubled =0.23x2=0.46

BLee

737 posts

Posted by BLee > 2022-09-22 10:14 | Report Abuse

@Peace99:...Since consolidation is 6 to 1, right issue is 2OR to 1 share and basically fully subscripted, the Net Asset per share now should be doubled =0.23x2=0.46

BLee: Hi @Peace99, the consolidation was 15 to 1. The Net Asset per share already reported in QR June22 as stated:
7) Net assets per share attributable to ordinary equity holders of the parent ($$) = 1.2200
Happy trading and TradeAtYourOwnRisk

Peace99

2,233 posts

Posted by Peace99 > 2022-09-22 11:36 | Report Abuse

@BLee Thank you for the correction! So it should be roughly 0.23*15/3=0.23*5=1.15....Nice that the numbers match. I mixed up with another company's consolidation. As for the QR, I now see the June report at i3 website. I also look at Bursa Malaysia website and funny that it does not show up there.

Peace99

2,233 posts

Posted by Peace99 > 2022-09-22 15:36 | Report Abuse

With NAV=$1.22, and contract value in the $billion range, expect it to go back up higher!

ctooi51

384 posts

Posted by ctooi51 > 2022-09-22 16:26 | Report Abuse

Wow dead fish rollover..

kangedd

457 posts

Posted by kangedd > 2022-09-22 16:28 | Report Abuse

gogogogo rebounding now

Investfrog

215 posts

Posted by Investfrog > 2022-09-22 16:56 | Report Abuse

Rebound is underway today, can the price hold on for the remaining weeks?

onhands

160 posts

Posted by onhands > 2022-09-22 17:30 | Report Abuse

industrial land granted by Perak Goven low cost sold partial for 279million
profit could come in this QR can someone ask management?

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

onhands

160 posts

Posted by onhands > 2022-09-22 17:34 | Report Abuse

look at current
Market Cap 107.5M
Shares (mil) 311.66
this 279m could mean 2.6 times market cap
or
transform to 89sen per share !

onhands

160 posts

Posted by onhands > 2022-09-22 17:35 | Report Abuse

shareholders maybe interested to know the outcome
can some one ask?

kangedd

457 posts

Posted by kangedd > 2022-09-22 19:27 | Report Abuse

so far the 279m havent finalized in QR yet, the deals and still undergoing I think

Michael Kwok

6,073 posts

Posted by Michael Kwok > 2022-09-22 20:38 | Report Abuse

Ageson 33.5 cents q.
Tp 40 cents range(if support dun break)
Stop loss 30 cents.
22/9/2022 8.38Pm

Posted by opportunist88 > 2022-09-23 11:13 | Report Abuse

Like that Ages should be 38+89 = RM 1.27 per share
........... Ages RM1.27 per share ......


onhands
industrial land granted by Perak Goven low cost sold partial for 279million
profit could come in this QR can someone ask management?
https://www.theedgemarkets.com/article/construction-group-ageson-sell-portion-industrial-land-perak-rm279m
16 hours ago
onhands
look at current
Market Cap 107.5M
Shares (mil) 311.66
this 279m could mean 2.6 times market cap
or
transform to 89sen per share !

16 hours ago


onhands

shareholders maybe interested to know the outcome
can some one ask?

16 hours ago

kangedd

457 posts

Posted by kangedd > 2022-09-23 11:50 | Report Abuse

Time to fly?

Investfrog

215 posts

Posted by Investfrog > 2022-09-23 15:16 | Report Abuse

Close 0.40? or take profit now?

BLee

737 posts

Posted by BLee > 2022-09-23 15:53 | Report Abuse

Viola!! up almost 16% when others still in doldrums..Happy Trading and TradeAtYourOwnRisk

Peace99

2,233 posts

Posted by Peace99 > 2022-09-23 15:58 | Report Abuse

Fast is also doing a share consolidation: 6 to 1. After consolidation, the ratio of NTA to price is roughly 5 times, similar to Ageson. So just bought some FAST.... may go the way of Ageson!?

Peace99

2,233 posts

Posted by Peace99 > 2022-09-23 16:00 | Report Abuse

@BLee Thanks to your correction, I hold mine even tighter.
Wonder can share some insight into its PA?

Michael Kwok

6,073 posts

Posted by Michael Kwok > 2022-09-23 16:06 | Report Abuse

It reach 41 cents above.its s bye bye.i run first..
23/9/2022 4.06pm

kangedd

457 posts

Posted by kangedd > 2022-09-23 16:31 | Report Abuse

byebye see you tmr, going to close above 0.40

BLee

737 posts

Posted by BLee > 2022-09-23 22:00 | Report Abuse

@Peace99: @BLee Thanks to your correction, I hold mine even tighter.
Wonder can share some insight into its PA?

BLee: Hi @Peace99, welcome..just for info sharing. I have written quite a lot on Ages-PA, won't mind sharing again; would admit I have strongly shared ICPS (PA,PB,..) as an alternative to company share warrants (not call warrants). Below links are articles sharing my opinion:
https://klse.i3investor.com/web/blog/detail/BLee_AGES/2021-07-16-story-h1568014371-ICPS_My_investment_stretagy

https://klse.i3investor.com/web/blog/detail/BLee_AGES/2021-09-12-story-h1571499077-Focus_PA_and_Fintec_PA_Negative_ICPS

As at today, 23 Sept., 2022, only my investment in Ages-PA in positive territory..averaging below 4 sen. As seen in today's closing, 4 sen to 5 sen equals 25% gain vs mother share of 14.49% due to:
- low cost investment, high percentage gain?
- number of outstanding Ages-PA (volume) depleted by 15 times during consolidation, therefore demand will be more than supply if mother share price increases in tandem??
Please highlight other positive or negative opinions for discussion..
Happy Trading and TradeAtYourOwnRisk

Peace99

2,233 posts

Posted by Peace99 > 2022-09-24 10:27 | Report Abuse

@BLee, Thanks for sharing your good insight into PA. I have not been following the PA, but I did a quick check on it, and here are some facts: 4.2billion PA was issued, and 3.8b left before consolidation. So now 3.8b/15=254million left. After consolidation, to change PA to share, I found out only one way, i.e. need 1 PA plus RM 0.95 and maturity is 10 Mar 2030.
Is there another way of changing PA to share? Before consolidation, i think can use 13 PAs to get one share.

BLee

737 posts

Posted by BLee > 2022-09-24 12:10 | Report Abuse

@Peace99: Is there another way of changing PA to share? Before consolidation, i think can use 13 PAs to get one share.

BLee: Hi @Peace99, details of conversion spelt out in PDF file in link https://www.klsescreener.com/v2/announcements/view/3559803

" “ICPS” : 254,281,099 outstanding irredeemable convertible preference shares in AGESON which are expiring on 10 March 2030

2.1 Adjustment
The adjustment to the conversion price of ICPS is as follows:
…Save for the abovementioned Adjustment, the rights and obligations of ICPS Holders will remain unchanged."

Therefore remain unchanged meaning "the 2 methods of conversion remain and each ICPS before consolidation subscribed at 1 sen and after consolidation at 15 sen"??

Happy Trading and TradeAtYourOwnRisk

Peace99

2,233 posts

Posted by Peace99 > 2022-09-24 19:09 | Report Abuse

@BLee Therefore remain unchanged meaning "the 2 methods of conversion remain....

Thank you, and I think you're right as it is consistent with this check: Exercise price =RM1.03.
Method a) 1PA+0.95, meaning PA is regarded as 0.08
b) 13 PA, 0.08*13=1.04, 0.01 more than exercise price but obviously can't be helped as cannot have fractional PA.

One benefit of having PA I can see now is that if the share price is not high enough use method b) else use method a). Will share idea after I have chance to read more later. Happy trading!

BLee

737 posts

Posted by BLee > 2022-09-25 11:38 | Report Abuse

@Peace99: …Method a) 1PA 0.95, meaning PA is regarded as 0.08
b) 13 PA, 0.08*13=1.04, 0.01 more than exercise price but obviously can't be helped as cannot have fractional PA.

BLee: Hi @Peace99, I wonder why the Exercise/Conversion ratio NOT revised as the 2 examples below, based on the subscription price of 15 sen?

Example of Fintec-PA adjustment:
2.1 Adjustment pursuant to the Rights Issue with Warrants…
Based on the above, the conversion price of the ICPS would be adjusted from RM0.16 to RM0.11.
From revised Profile for securities:
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR): 0.1600
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR): 0.1100
Exercise/Conversion Ratio: 11:8 (before 16:8)

Example of ARBB-PA adjustment from revised Profile for securities:
Exercise/Strike/Conversion Price    Malaysian Ringgit (MYR):  0.2000
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR): 0.1400
Exercise/Conversion Ratio:  14:1 (before 20:1)

As in the two examples, the old ratio of 195:15 could be revised to 103:15??

Happy Trading and TradeAtYourOwnRisk

mf

27,854 posts

Posted by mf > 2022-09-26 08:53 | Report Abuse

Dow Jones

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Posted by opportunist88 > 2022-09-26 09:18 | Report Abuse

Look like income 279m is coming reality !

Like that Ages should be 38+89 = RM 1.27 per share
........... Ages RM1.27 per share ......


onhands
industrial land granted by Perak Goven low cost sold partial for 279million
profit could come in this QR can someone ask management?
https://www.theedgemarkets.com/article/construction-group-ageson-sell-portion-industrial-land-perak-rm279m
16 hours ago
onhands
look at current
Market Cap 107.5M
Shares (mil) 311.66
this 279m could mean 2.6 times market cap
or
transform to 89sen per share !

16 hours ago

Investfrog

215 posts

Posted by Investfrog > 2022-09-26 12:08 | Report Abuse

Gogogo, took some profit and waiting for correction now

kangedd

457 posts

Posted by kangedd > 2022-09-26 12:46 | Report Abuse

ageson is back !!

kangedd

457 posts

Posted by kangedd > 2022-09-26 15:25 | Report Abuse

limit up to 0.50 this week ?

winlast

498 posts

Posted by winlast > 2022-09-26 23:39 | Report Abuse

tomorrow continue going up 45sen very likely

AhHuat168

242 posts

Posted by AhHuat168 > 2022-09-27 11:38 | Report Abuse

today go down so.much, downtrend again?

Investfrog

215 posts

Posted by Investfrog > 2022-09-27 11:53 | Report Abuse

time to collect, going to rebound again

kangedd

457 posts

Posted by kangedd > 2022-09-27 13:16 | Report Abuse

no downtrend la, minor correctio + profit taking are happening

Investfrog

215 posts

Posted by Investfrog > 2022-09-27 15:20 | Report Abuse

I expect some last hour rebound.

Gooner82

692 posts

Posted by Gooner82 > 2022-09-27 22:48 | Report Abuse

Tmrow can break 43

winlast

498 posts

Posted by winlast > 2022-09-27 23:41 | Report Abuse

yeah tomorrow can be a lucky day

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