AGESON BERHAD

KLSE (MYR): AGES (7145)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.065

Today's Change

-0.005 (7.14%)

Day's Change

0.065 - 0.075

Trading Volume

286,900


34 people like this.

15,190 comment(s). Last comment by N33TCRAZE 1 week ago

O'Brian

96 posts

Posted by O'Brian > 2020-03-31 16:15 | Report Abuse

And yeah, since Emperor Xi took over, things are very complicated for CCP elites! So far they only protest in silence! Few of those openly protest already found themselves missing in action!

O'Brian

96 posts

Posted by O'Brian > 2020-03-31 16:16 | Report Abuse

Huge amount of money is needed to keep running the country in a tough situation like what is happening now. China import around 20% of the foods products from overseas every year. How to stand if the world is falling into ice age and not many got money to buy manufacturing products from China? China needs trade surplus to support its imports. USD earned for the past 40 years are mostly keeping by China elites overseas...it’s quite tough to China in reality whereas US able to simply print unlimited amount of money to rescue their economy.

O'Brian

96 posts

Posted by O'Brian > 2020-03-31 16:16 | Report Abuse

nice

GodOfWar

128 posts

Posted by GodOfWar > 2020-03-31 18:14 | Report Abuse

It seems that you don't know almost all the top people in the countries of the world are filthy rich. Trumps has been making tons of money in US stocks market with his cronies by his twists. either you are too blind or you are against the China, you are not only against China you are also against the local Chinese and once you said Ministers must be Malay, and also you claim yourself as Chinese, but I don't think so..

GodOfWar

128 posts

Posted by GodOfWar > 2020-03-31 18:17 | Report Abuse

Printing U.S Dollar Dollar Dollar Really pity those who are so In love against 'China'! Most of them got brainwash
31/03/2020 4:06 PM

Posted by Printing U.S Dollar Dollar Dollar > 2020-03-31 18:19 | Report Abuse

Here comes godofwar and his hyperbolic assumption! What makes you think i don't know Donald Trump has been ranking billions from US bourses! He can make it up and down for years! I have been talking about it for years

GodOfWar

128 posts

Posted by GodOfWar > 2020-03-31 18:22 | Report Abuse

You have been talking about China steal US tech for yrs. do you know that US tech also come from Germany and England when the started to become No.1 in the world. Do you know how US never has to pay for their debts? Do you know US economy depends mainly on consumption, using the money they printed not earn? In the mean time China work hard for most of the thing

GodOfWar

128 posts

Posted by GodOfWar > 2020-03-31 18:25 | Report Abuse

This is not the USA of the 1960s that I know. The USD is strong because they have everything in place for u to gamble n speculate. CME..etc where all the world converge there to speculate in commodities everything ...

GodOfWar

128 posts

Posted by GodOfWar > 2020-03-31 18:25 | Report Abuse

The mainstream media of US all have political leanings. It is not independent. Fox claims the Corona virus is a hoax. Independent journalist who went to Syria reported different things they MSM in US say.
My sister-in-law is a US citizen. She told me that the water supply in US is poisoned but you do not have the US media reporting this.

O'Brian

96 posts

Posted by O'Brian > 2020-03-31 18:28 | Report Abuse

hi god of war, china 99 percent of software are fake or piratecopy did you notice that?

O'Brian

96 posts

Posted by O'Brian > 2020-03-31 18:30 | Report Abuse

Mainstream from china? Most of them are use for brainwashing their own citizen, you watch too much of cctv or whatsoever is it? think you get brainwash also......

O'Brian

96 posts

Posted by O'Brian > 2020-03-31 18:37 | Report Abuse

Most of the china people goes overseas working.....Can you Guess where they really work at? Name me a place which company they work no matter in asian or western! except those real student from china maybe they work partime, but for those who say they oversea work one.....1. prostitute 2.conman scammers 3.for china student many of them also go work as a prostitute.....4.Those go overseas do business one, most of the money they use are from china government, its not their own money: noted-they cant even speak local language or speak fluently in those country they go invest, take a good guess what is the outcome of the investment they are doing in that country?! so dont bullsh#t here and there yo!

Posted by UraniumKing68 > 2020-04-02 15:33 | Report Abuse

Should the public wear a face mask during the Covid-19 pandemic?

APRIL 1 — This is the key question during this Covid-19 pandemic. After months the pandemic began, the public is confused if a mask is essential to keep them safe despite the World Health Organisation and the Ministry of Health Malaysia keep reiterate that people who are not sick need not wear masks.

They advise that only people who are unwell or caring for the sick need to wear a mask, so that the masks can be reserved for the frontliners. Besides that, the infectious disease experts worry that masks could give people a false sense of security and make them less discipline about social distancing and handwashing.

However, the public is not convinced with this advice. It is common to see Malaysians wearing masks in the public and some supermarkets / hypermarkets are imposing the rule that ‘no mask no entry’.

Recently, there are more health experts supporting the idea that face mask may be beneficial in preventing the spread of Covid-19.

Covid-19 is spread by droplet, not airborne transmission. Face masks work by stopping infected droplets spewing from the wearer’s nose or mouth, rather than stopping acquisition of the virus from others. Since a Covid-19 patient may not show any symptoms and be contagious, if everyone wears a mask, the asymptomatic patient may be less likely to spread the disease to others.

If everyone wears a mask, individuals protect one another, reducing overall community transmission. Places like Hong Kong and Taiwan, applied social distancing and universal mask wearing early may have gotten their cases under better control. South Korea and Japan distribute masks to the public.

Recently Czech Republic and Slovakia even made mask wearing mandatory. The Czech Republic has a slogan that promotes mask wearing: “my mask protects you, your mask protects me”.

George Gao, the director of the Chinese Centre for Disease Control and Prevention (CDC) shares the thinking of the Czech government. He believes not wearing a mask is a big mistake. If people who are infected but asymptomatic wear a mask, it can prevent droplets that carry the virus from escaping and infecting others. Some researchers quoted that wearing mask is a perfectly good public health intervention that is not used.

Although systematic review and meta-analysis may not provide evidence on the effectiveness of face mask on flu like diseases among the public, which the included studies were mostly cluster randomized controlled trials on non-Covid-19; we should observe the progress made with countries like China (including Hong Kong and Taiwan), South Korea and Japan. These countries have very proactive measures in dealing with Covid-19, and they managed to flatten the epidemic curve. These countries recommended face mask wearing among the public in areas of high population density places such as supermarket, shopping mall (China), when taking public transport or staying in crowded places (Hong Kong), or in confined and badly ventilated spaces (Japan).

Lack of solid evidence supporting the effectiveness of masks against Covid-19 is no reason to dismiss its use, because there may never be definitive scientific proof. However, community use of masks alone is not the only method to stop the spread. Social distancing, staying home, rigorous system of contact tracing, testing and quarantine of people who are potentially infected are important steps in flattening the curve.

It is time for the government to make rational recommendations on appropriate face mask use to complement on other public health measures. Older adults and those with co-morbidities, should wear masks if available. Universal use of face masks should be considered with adequate supplies. In addition, research on effectiveness of cloth face masks which is reusable after washing should be encouraged.

Posted by Umbrella Corp > 2020-04-02 15:36 | Report Abuse

ONE tabligh, whole country in a mess already. Malaysia still on upwards trajectory. 150 new cases only because low levels of testing,real numbers more like X 10 or X 20 in daily cases.

Posted by Printing U.S Dollar Dollar Dollar > 2020-04-02 15:39 | Report Abuse

Last week are from mass gathering at police stations, bus stations, balik kampungs, supermarkets, resident islamic school and etc.

O'Brian

96 posts

Posted by O'Brian > 2020-04-02 15:40 | Report Abuse

Tedros will be nailed to a pillar of history.

Posted by Larrie Chew > 2020-04-02 15:41 | Report Abuse

the difference between success in Asia and failure in the west could be as simple as mask

Posted by Larrie Chew > 2020-04-02 15:41 | Report Abuse

perhaps we do not need to follow Italy into total lock down.... just need masks and common sense

Posted by Larrie Chew > 2020-04-02 15:41 | Report Abuse

we must know Italy, Spain and New York do not have a history of mask. unlike SARS Asia

GodOfWar

128 posts

Posted by GodOfWar > 2020-04-02 15:43 | Report Abuse

Same answer to a common question, do you need to wear condom since your wifey on pills! Decision is yours!

GodOfWar

128 posts

Posted by GodOfWar > 2020-04-02 15:43 | Report Abuse

But if you want to save money, you can make 10 condoms out of a pair of gloves!

Posted by 靓女 phoon phoon > 2020-04-02 15:45 | Report Abuse

Yeah sure! Whatever! But lockdown will be extended to end of April!

Posted by 靓女 phoon phoon > 2020-04-02 15:45 | Report Abuse

lock down is minimum 6 weeks

if GOVT organised any more mass gatherings like meet at police station again then must start all over again with another 6 weeks.

Posted by 靓女 phoon phoon > 2020-04-02 15:46 | Report Abuse

Not made in China is global tech’s next big trend

Three years ago, manufacturing gadgets in China was a given. That’s changed fundamentally in the era of trade wars and coronavirus.

Under the new reality, the world’s electronics makers are actively seeking ways to diversify their supply chains and reduce their dependence on any single country, no matter how attractive.

Never has there been so much angst among suppliers. And no wonder, because by most reckonings, the world is facing some of the biggest shocks to production since Taiwanese manufacturers - responsible for assembling the majority of the world’s gadgets - began to decamp en masse to China 30 years ago.

The latest trend started with the US-China tariff battle,which reached a boiling point last year. Now the onset of the Covid-19 pandemic has rapidly accelerated those plans and emboldened officials to speak openly of their exodus efforts.

These days, more conversations with Taiwanese tech executives revolve around choosing the best location outside mainland China for manufacturing. They like Vietnam because of its proximity to China, though labour costs there are on the rise. While Taiwan is home, it’s considered too expensive, again mainly due to relatively high wages.

On earnings calls, analysts are increasingly asking companies how they plan to shake up the geographic spread of facilities to avoid US tariffs on Chinese imports. At the beginning of Donald Trump’s presidency, executives shied away from such questions as they did not want to anger Beijing. But recently they openly provide details of shift from China now seen as inevitable. No one wants to be seen as lagging behind in hedging against risk.

Simon Lin, chairman of iPhone assembler Wistron Corp, was even bold enough to tell analysts last week that his company can have 50% capacity outside of China by 2021. Two other Taiwanese assemblers also announced further plans to bolster their non-China production capacities in the past seven days.

Covid-19 is hastening such moves. Eric Tseng, chief executive officer of Taipei-based Isaiah Research, said some companies had been holding back from making any major supply-chain decisions, waiting to see if there would be any lasting resolution to the Washington-Beijing trade spat. "But coronavirus risks people’s lives. Now a lot of companies will accelerate their departure,” he said.

It won’t be easy to replicate the intricate network of suppliers, competent workers, efficient distribution systems and large domestic consumer that China offers, and authorities are also doing their part to sway manufacturers to stay. In Zhengzhou, home to the "iPhone City” mega-complex, the local government has appointed specially designated officials to help Apple Inc partner Foxconn address logistics and labour-shortage related issues brought about by the coronavirus spread.

Apple has also said it wasn’t looking to make any quick moves out of China because of virus-related interruptions. "We’re talking about adjusting some knobs, not some sort of wholesale, fundamental change,” chief executive officer Tim Cook said in late February.

Still, Foxconn begun churning out older iPhones in India last year, a move that appeared to signal Apple’s growing interest to bolster its presence in the world’s largest market for smartphones after China. Regardless whether they select India, Vietnam or any other country - it’s clear that electronics makers are past the point of no return in their gradual migration from China.

Posted by UraniumKing68 > 2020-04-02 15:47 | Report Abuse

Harapan wasted 2 years of over politicking! If not Malaysia could have been star in exports! But now, there's a chance to rectify that!

JessicaTan

127 posts

Posted by JessicaTan > 2020-04-02 15:48 | Report Abuse

hello

JessicaTan

127 posts

Posted by JessicaTan > 2020-04-02 15:48 | Report Abuse

but what the use of migrating your sourcing , like this virus case now , manufacturing disrupted world-wide and it appears that China is rebounding ahead of the rest ...

Posted by Larrie Chew > 2020-04-02 15:50 | Report Abuse

靓女 phoon phoon lock down is minimum 6 weeks

if GOVT organised any more mass gatherings like meet at police station again then must start all over again with another 6 weeks.
02/04/2020 3:45 PM

when bringing a sledge hammer to the problem, and in the hands of our police and politicians, .....its a failed state in the making.

Posted by Larrie Chew > 2020-04-02 15:50 | Report Abuse

already starting.... millions of poor daily wage workers turning to crime to survive.

Posted by Larrie Chew > 2020-04-02 15:51 | Report Abuse

in the meantime, police want to charge a doctor for jogging..... in China / Singapore.... they are projecting doctors and nurses as heroes

Posted by Larrie Chew > 2020-04-02 15:51 | Report Abuse

the ugly truth..... even Vietnam seems to handle the virus and economy better than us.

Posted by UraniumKing68 > 2020-04-02 15:53 | Report Abuse

Pakatan urges extra help for SME workers, firms facing Covid-19 including bigger wage subsidies

While the recently announced economic stimulus package includes welfare aid for the next two months, it does not explain a viable fiscal plan, Pakatan Harapan (PH) secretariat council today said.

In a joint statement undersigned by PKR vice-president Datuk Seri Shamsul Iskandar Mohd Akin, Parti Amanah Negara communications director Khalid Abdul Samad and DAP’s Ong Kian Ming, they said if implemented well, the stimulus package can help Malaysians meet their basic needs while they comply with the movement control order (MCO).

“However, the package does not explain the viable fiscal plan which prevents job losses as a result of the economic downturn faced by companies especially those categorised as small-medium enterprises (SMEs),” the statement said.

According to the statement, SMEs in Malaysia provide seven out of 10 jobs and play an important role in driving growth as well as income for the government through the payment of corporate tax.

“Therefore, extra help is needed not only to protect the well-being of the people, but also the fate of the SMEs,” it added.

Because the government will spend RM5.9 billion under the wage subsidy programme where it pays RM600 per month for three months for 3.3 million workers, PH secretariat council saw the number as insufficient.

“It is recommended that this payment be increased to RM1,200 that is in line with the national minimum wage rate.

“This will not only help employees, but also SMEs by reducing the payroll burden and helping to prevent workers being let go.

“This larger number is in line with efforts made in several other countries including Singapore, the United Kingdom and Australia,” the statement read.

The PH secretariat council also looks at the economic situation especially in the next six months deeming that it requires rigorous planning and bipartisan support.

“This is due to the Covid-19 outbreak on the economy is long-term and can change the global economy.

“Therefore, the secretariat council is calling for an emergency parliamentary session to discuss Malaysia’s economic problems today, including bipartisan cooperation to curb the outbreak and save the country,” the statement read.

The one-off payments and loan repayment delays are part of the RM250 billion second stimulus package announced by Muhyiddin to address economic concerns caused by the Covid-19 outbreak.

Posted by Printing U.S Dollar Dollar Dollar > 2020-04-02 15:55 | Report Abuse

Pity SMEs.....totally missed out in the supposedly rescue package. Most of these have been consistently paying over RM100000 taxes annually for donkey years.

Sad. Too bad. Very bad. In this year 2020 Covid19 crisis, the governt neglected them.

Should have given them a sum equals to their average tax payment over the past 3-5 years......so that they can pay their workers....survive on

....and governt can continue to collect taxes the following year onward

ahfad

1,880 posts

Posted by ahfad > 2020-04-02 15:55 | Report Abuse

Buy before kaunter gerak.

Posted by Umbrella Corp > 2020-04-02 15:57 | Report Abuse

the honest truth,its a failed state in the making,.but what can we do? Spend money...who don't know how to spend,.know how to earn money or not? but for malay unity government, no crisis is go to waste without fattening somebody pocket.


malay unity government , malay mentality....sure bankrupt.

O'Brian

96 posts

Posted by O'Brian > 2020-04-02 15:58 | Report Abuse

yup.....Daylight robbing in crises and sheraton moves.....

Shameless Unity in substandard mediocrity and impending bankruptcy

O'Brian

96 posts

Posted by O'Brian > 2020-04-02 15:58 | Report Abuse

Looks like the MCO might be extended to end of April. If it happens, hundreds or thousands of SME will be closing shops and tens of thousands will be out of jobs.

Posted by Larrie Chew > 2020-04-02 15:59 | Report Abuse

extending to end April is a guarantee

Posted by Larrie Chew > 2020-04-02 16:00 | Report Abuse

shut down sign order only,so easy.who don't know how to do?

Posted by Larrie Chew > 2020-04-02 16:00 | Report Abuse

policemen harassing the public..... now act like gangsters only.

Posted by Larrie Chew > 2020-04-02 16:00 | Report Abuse

Lock down minimum to end April.............

Posted by Larrie Chew > 2020-04-02 16:00 | Report Abuse

all the business owners in Malaysia.........well...malay unity government don't need u..............

Posted by 靓女 phoon phoon > 2020-04-02 16:02 | Report Abuse

Rationally, in the face of real life, down-to-earth plague and death issues now, everyone must really. Fear Corona virus, not supernatural being

Posted by 靓女 phoon phoon > 2020-04-02 16:02 | Report Abuse

Practise meticulous personal hygiene, not symbolistic rituals

Self-discipline to adhere to social distancing, not crowding and hunting around for free meals (likely contaminated)

happylucy

198 posts

Posted by happylucy > 2020-04-02 16:04 | Report Abuse

What to worry guys, be cheerful...Tomorrow the sun will still shine!

happylucy

198 posts

Posted by happylucy > 2020-04-02 16:04 | Report Abuse

Happy trading guys, do not wait for Ageson start to fly sky high then only chasing like a mad bull! Be prepare

ahfad

1,880 posts

Posted by ahfad > 2020-04-03 11:05 | Report Abuse

Once finish accumulate at current price, vrooommm

Posted by Larrie Chew > 2020-04-03 13:20 | Report Abuse

Religion vs Greed - New Tabung Haji Scandal Looms Over The PN Government? EXCLUSIVE

Posted by Larrie Chew > 2020-04-03 13:20 | Report Abuse

One of the most depressing backward steps during the past days of the coup coalition government has been the unseemly rush by the supposedly humble and religious party, PAS, to extract what more they can out of Malaysia’s diminished natural resources – despite global scientific concern about the consequences of extinction and climate change.

On March 13th, Sarawak’s Borneo Post reported a triumphant declaration by the as yet unconfirmed new ‘Minister of Plantation Industries and Commodities’, PAS’s Mohd Khairuddin, that he plans to end the moratorium on further logging and conversion to oil palm plantations promoted by the Harapan government, which was seeking to engage with European markets concerned by Malaysia’s record of reckless environmental destruction in recent years.

This is the same Kuala Nerus MP, who brushed off criticism of his high living before the last election, saying that PAS Islamic party MPs (who represent some of the most impoverished people in the land) have every right to lavish and expensive lifestyles.

When bailed out (after feckless state spending) by the Harapan federal government just before their coup, his fellow party leaders in Kelantan made it their first priority to buy a fleet of top of the range (non-muslim) Mercedes cars for them to drive around in with money intended for staff salaries and services.

There been little surprise that this ‘religious’ party made a bee-line for the various environment posts as the rivalling parties carved out deals over cabinet positions. The two PAS controlled state governments (Kelantan and Terengganu) have spent the last two years cavilling at federal attempts to restrain the rampant greedy and destructive logging of their remaining state forests and blatant abuse of the established rights of the indigenous peoples who live there.

The Minister for the Environment is none other than the Deputy President of PAS, Tuan Ibrahim, and the Deputy Minister of Agriculture is also from the party.

Saddest of all for Sarawakians who voted for change at GE14 has been to see the new Puncak Borneo MP, Willie Mongin (now Deputy Minister of Plantation Industries and Commodities) defecting and now supporting his new PAS boss in the rush to announce plans to get right back to logging and rolling out more of the mass plantations that have created environmental disaster in the state.

The duo promised to ‘increase production and plantation areas’ in defiance of Malaysia’s existing high value European customers with all their tiresome sustainability concerns and claimed that they can drum up new markets, in such places as the Middle East instead – a region in need of biofuel?

All this before this government can even be confirmed in office. Mongin, a PKR defector, is clearly thrilled to have a deputy minster’s post (and official car and all the rest) as his reward for selling out his constituents. However, for him to have acted as a key enabler for this coup coalition government consisting of bigoted PAS, crooked UMNO and Taib henchmen is an extraordinary betrayal. He has so far refused to come out in the media to give a proper account of himself for whatever excuses he may claim to have.

The fact is Malaysia is presently facing the consequences of an over-saturated oil palm business faced with contracting demand, plummeting prices and far stricter sustainability criteria from the most valuable European markets on environmental grounds.

It means the PAS led grab to convert yet more forest and peatland into loss making plantations, primarily because ‘someone’ stands to make vast profits chopping down the remaining timber, will do enormous economic damage to Malaysia.

Yet the grandly titled ‘Deputy Minister of Plantation Industries and Commodities’, Willie Mongin, is going to help them in Sarawak. And the Taib family, who have been pushing to cash in on massive licences they corruptly handed to themselves, will thank Willie for his betrayal of native landowners who thought he was on their side.

Posted by Larrie Chew > 2020-04-03 13:21 | Report Abuse

Another Tabung Haji scandal?
Against such a background it is perhaps of little surprise to discover the government-backed pilgrimage fund is right at the centre of the latest eco-scandal about to be highlighted by NGOs.

Sarawak Report has sighted leaked information from a damning report on malpractices by the fund’s plantation arm, Tabung Haji Plantations (THP), which has caused a number of documented problems in Sarawak, Sabah and Kalimantan on the island of Borneo.

However, the latest scandalous transgression, which has been apparently only been recently discovered, is in the state of Pahang – in the form of a massive plantation development initiated by the fund in 2014 at the height of the Najib government.

According to the documentation, over 8,000 hectares of protected forest was de-gazetted by the state authorities in one of Pahang’s most famous beauty spots, the Yong Forest Reserve, which is directly adjacent to Taman Negara National Park. Leaked reports, including one from the timber certification auditor SGS, show the given purpose was to convert the land for yet more oil palm – the licence holder being Tabung Haji Plantations.

By 2015 complaints began to roll in that the area was being dramatically cleared. It is now evident that despite cutting back on its wider plantation business, which has been losing money during the market collapse, THP is continuing to invest its fundholders’ money in rolling out this new plantation on forest land, which appears to violate several of the agreements for sustainable palm oil which buyers from Tanbung Haji Plantations have signed up to with European partners.

The question forest NGOs are asking is why this massive, rule-breaking project continues to be supported by THP at what can only be enormous cost to the fund and its investors, despite the fact that the bottom has fallen out of the saturated palm oil market?

THP has been selling off several of its existing plantation interests as fast as it can over the past year elsewhere to cut hundreds of millions of ringgit worth of losses, so why has it mysteriously continued to invest pilgrims’ savings in planting up this brand new deforested area in Pahang which will not even be productive for years to come?

Investigators who discovered the existence of the project late last year told Sarawak Report that this de-gazetting of permanent forest, clear-felling and present plantation by THP is a clear transgression of agreed environmental standards on sustainability and yet THP claims it is a sustainable producer and holds a Malaysian Palm Oil Certification.

THP is currently a major certified provider of crude palm oil to key suppliers for the European market, such as Sime Darby and Wilmar, who pledge to these major clients that their sources abide by agreed environmental standards, which include not sourcing from areas planted in zones deforested since 2012:

Post a Comment
Market Buzz