Posted by momochick > 2020-05-05 11:15 | Report Abuse

let see after 2.30

Posted by EZMONEY13 > 2020-05-05 11:16 | Report Abuse

Boss is trying to be generous, come on please

Posted by momochick > 2020-05-05 11:16 | Report Abuse

boss wana do magic

Posted by dare_to_fail > 2020-05-05 11:19 | Report Abuse

maybe kenie does not have directors thinking........directors are disposing their shares to create panic selling amongst investor. once the price bottoming, they will buy back the shares with lower price

Posted by momochick > 2020-05-05 11:21 | Report Abuse

thats true

Posted by EZMONEY13 > 2020-05-05 11:23 | Report Abuse

Dare to fail, are you a director ?

Posted by NiagaUntOngSelalu > 2020-05-05 11:25 | Report Abuse

So far no news saying the deal is fake

And itvmay not be sand from malaysia, could be from philipine (as the to be supplied to hongkong)

Maybe many fund managers are still doing their reseach and counter check

By midday if all good, 2.30 will be hectic

Posted by momochick > 2020-05-05 11:28 | Report Abuse

thats true.. dare to wait?

Posted by EZMONEY13 > 2020-05-05 11:30 | Report Abuse

Relax

Posted by Twowah123 > 2020-05-05 11:33 | Report Abuse

Too much selling pressure. Keep monitor

Posted by NiagaUntOngSelalu > 2020-05-05 11:39 | Report Abuse

Reporting false info to bursa is serious offence. Why would ageson's owners do such thing when they can already have good life & big lunch with the existing contracts of Singapore and hongkong

Posted by dare_to_fail > 2020-05-05 11:40 | Report Abuse

if i'm the director, i'll do the same....positive audited QR, new contracts secured...i'll start selling and get some money first at current price..last month RM 0.07 woo....once investors panic, they'll sell their shares, price drops again, directors buying back......fuyyooo....

Posted by EZMONEY13 > 2020-05-05 11:43 | Report Abuse

FUYOH, LOOK AT MY NAME, AGREE ?

Posted by TSFH > 2020-05-05 11:44 | Report Abuse

continue from dare_to_fail, if the contract legit, they'll appear in qtr report. That time we will see current price as damn cheap.

Posted by dare_to_fail > 2020-05-05 11:46 | Report Abuse

hahah...

Posted by newbie8080 > 2020-05-05 11:46 | Report Abuse

If I'm the director, I won't sell any shares.

Based on the discussion here, the 0.10 share will rise more than 5,000% according to some ppl's TP.

Posted by jk20598 > 2020-05-05 11:51 | Report Abuse

Fake contract?Jack up share price to cheat the public!?ALL Directors can go to jail if report to Bursa.Even insider trading minor offence can go to jail.It can not be fake.If you are sourcing sand from outside Malaysia,what sand permit you need?

Posted by TSFH > 2020-05-05 11:51 | Report Abuse

no need copy paste la kenie, market will determine their own price. regardless of your effort.

Posted by dare_to_fail > 2020-05-05 11:55 | Report Abuse

Kenie is actually the one trying to create panic selling so he/she can buy more at lower prices.......You're the ONE dude.......heheh

Posted by EZMONEY13 > 2020-05-05 11:56 | Report Abuse

So, according to my experience, he is the DIRECTOR !!!

Posted by jk20598 > 2020-05-05 11:57 | Report Abuse

When the company was making 4 to 5m a year in the past,the share price was 0.25 to 0.30.Yr2020 1st half already make 9m, without the so called fake sand contract yet!You can see for yourself,it is already huge improvement.

Posted by pang72 > 2020-05-05 12:01 | Report Abuse

Big contract for director to sell shares?
Wow...

Very smart!

Posted by pang72 > 2020-05-05 12:02 | Report Abuse

No sands located near China mainland?

Posted by EZMONEY13 > 2020-05-05 12:08 | Report Abuse

They want tanah melayu bro !

Posted by dare_to_fail > 2020-05-05 12:08 | Report Abuse

its not for the mainland....its for the man-made island near Philippines i guess....

Posted by TSFH > 2020-05-05 12:08 | Report Abuse

Maybe his name is Kenie Foo Chu Jong ! OMG.. can't believe director in i3.

Posted by Michael Kwok > 2020-05-05 12:09 | Report Abuse

Adding rm 15k into Ageson average 18 cents.No comment.30 cents above in the making.Personally upgrade its to 30 cents above.

Posted by EZMONEY13 > 2020-05-05 12:12 | Report Abuse

Hahahahahahahahahahahahahahaha TSFH

Posted by Killsthebear > 2020-05-05 12:28 | Report Abuse

15 years contract already fishy.

River cant dredging non stop , need time for recovery.

Posted by zul > 2020-05-05 12:34 | Report Abuse

Larry low? Jho low sifu?

Posted by Goodprofit > 2020-05-05 12:36 | Report Abuse

Larry Low Jho Low is hengtai

Posted by dxbman > 2020-05-05 12:40 | Report Abuse

kenie, why don't you make a formal complaint to Bursa and SC about the "fishy" contract instead of barking here and there. It doesn't impact the share price and my decision to buy/hold the shares.

Posted by Umbrella Corp > 2020-05-05 12:40 | Report Abuse

How you know?

Killsthebear 15 years contract already fishy.

River cant dredging non stop , need time for recovery.
05/05/2020 12:28 PM

Posted by Umbrella Corp > 2020-05-05 12:45 | Report Abuse

who is larry low? is it kepala babi zul? kikiki

zul Larry low? Jho low sifu?
05/05/2020 12:34 PM

Posted by kleverman > 2020-05-05 12:46 | Report Abuse

Already said the detractors cannot eat grape but call grape sour... How is this a fake contract? You go to MV and sight their Purchase Order la dei. People already dare you to go to their office to sight.

You can make one trip ride KTM go RM5 and you make few K's from informed investment but you refuse.. that's why you say the poor gets poorer..

Posted by YoungTycoonWILL > 2020-05-05 12:46 | Report Abuse

agreed with kleverman

Posted by YoungTycoonWILL > 2020-05-05 12:47 | Report Abuse

ViVaFoReVeRLOVE ,please enlighten me on loss & expense.

How do I claim this when project delay for years?

Posted by ViVaFoReVeRLOVE > 2020-05-05 12:49 | Report Abuse

good question.
YoungTycoonWILL

loss and expenses (LE) is a sensitive issue. will offend client no doubt ......

in order to claim loss and expenses, u have to demonstrate ur entitlement of EOT. to do that u need to have the original baseline (original master programme). then u have to revise the programme by incorporate ur entitlement of EOT inside. by do that ur baseline become baseline 2 (example). then u have to justify ur expenses but putting in the expenses into that period.

example:
1. original rent 5 month of tower crane, now 7 months, u get 2 months.
2. original u pay wages to ur stuff 7 months, now 5 months

bear in mind not all is straight away stuff.

there are few dalays,
culpable delay - contractor fault and therefore not entitle for LE nor EOT
concurrent delay - both contractor and employer contribute to the delay, hence EOT entitle LE not entitle
non culpable delay - employer/architect fault and contractor entitle both EOT and LE

Posted by TerryJong > 2020-05-05 12:49 | Report Abuse

https://www.theedgemarkets.com/article/ageson%E8%8E%B7275%E4%BA%BF%E8%AE%A2%E5%8D%95-%E5%88%BA%E6%BF%80%E8%82%A1%E4%BB%B7%E5%A4%A7%E6%B6%A825

Posted by BABIKING > 2020-05-05 12:50 | Report Abuse

ViVaFoReVeRLOVE

1) how do i justify?
By contract prelims? Or actual loss?

2) in terms of claim, what claim are we talking about? Contract ie. Progress claim? Or...

3) what is your point of view in view of the L&E claim practice in construction industry?

Posted by BABIKING > 2020-05-05 12:50 | Report Abuse

Ageson获275亿订单 刺激股价大涨25%

（吉隆坡5日讯）Ageson Bhd从一家中国公司获得价值448亿人民币（275亿令吉）的采购订单，将在未来15年内供应沙子，刺激股价今早一度大涨25%。

截至早上10时26分，该股升2.5仙或15.6%，至18.5仙，约1亿2483万股转手。

稍早前，该股一度劲扬4仙或25%，至20仙历史新高。

Ageson Bhd昨日宣布，独资子公司Esa Pile私人有限公司已接受广州凯盛达实业有限公司（Guangzhou Kaishengda Industrial Co Ltd，简称GKI）为期15年的河沙和海沙采购订单。

该公司预计，从今年第三季开始，每年向GKI供应5000万立方米河沙和1亿立方米海沙。

Posted by ViVaFoReVeRLOVE > 2020-05-05 12:51 | Report Abuse

babiking......
1)
u have to justify the programme first. example I demonstrate u the original baseline and revised baseline after 5 month of Extension of Time granted. base on the chart, u entitle 5 months and time, and ur LE have to base on the affected loss and expenses that direct related to the EOT that granted. Example, u granted 5 months EOT, however tower crane just require extra 3 months only and hence u entitle to claim 3 months renting cost of tower crane. however because ur project team still run until the end, so u entitle 5 months wages for ur project team. hence it's not everything automatically get 5 months.

depend on agreement, some contract impose a clause whereby on when come to loss and expense claim, u need to show the actual record (those actual receipt to show that u really spent this amount)

2)
what claim u mean? I don't get u.

3)
L&E is definitely entitle. however as I mention early, this is sensitive issue and client never like this. even contract prohibit u from claiming L&E, some contract impose the clause whereby loss and expense is not allow, however when come to construction work, those changes instructed by client is a variation and in some form, varying the original contract also is a "breach of contract" and remedy automatically come in which is in the form of L&E. not easy thing as a lot of justification require if u want to claim that much.

Posted by BABIKING > 2020-05-05 12:53 | Report Abuse

Guys...........I feel that the true question is "How can a contractor claim for disruption of work?"

Disruption often affects non-critical parts of a project, but not to the extent that those parts become critical. If a contractor was kept on site for longer than the contract period, it used to be accepted that the contractor would be able to recover overhead costs and loss of profit for the whole of the period of delay, provided that the delay or disruption of work was not due to its own fault of course.

Commonly, a contractor’s claim for delay or disruption relies on comparing anticipated with actual labor costs. This approach, however, is lacking in any kind of merit because there may be many reasons for the costs of labor being greater than the contractor anticipated at tender stage, other than reasons for which the employer or the architect can be held accountable.

An acceptable method of evaluating disruption is to compare: the value to the contractor of the work done per man during a period of no disruption, with the value per man doing the disrupted period, and then to apply the ratio obtained to the total cost of labor. It is obvious that, if this method is to work, the defendant (Employer / Architect) may argue that it must be possible to isolate a period free from disruption.

Posted by UraniumKing68 > 2020-05-05 12:54 | Report Abuse

Hello guys, How does the crane adjust it's height ? And how does it get on top of tall buildings during construction? Thanks

Posted by ViVaFoReVeRLOVE > 2020-05-05 12:55 | Report Abuse

UraniumKing68, tower crane will climb itself as the building progress reach higher level by adding the mast. after complete, it will lower down itself also by dissemble the mast part by part as it lowering down. in here, most common tower crane we used is hammerhead and luffing crane.

Posted by Printing U.S Dollar Dollar Dollar > 2020-05-05 12:56 | Report Abuse

Hi there, Pardon me for unprofessional and overly general questions.

1) What is the best developer out there? If I want to buy house.

2) What does an engineer do in the construction industry?

3) What is the green thing around buildings that are in the process of construction?

Posted by ViVaFoReVeRLOVE > 2020-05-05 12:57 | Report Abuse

Printing U.S Dollar Dollar Dollar

1)
best developer? I think buy property see ur budget since the property price is very much related to its location. in my opinion, those developer that doesn't squeeze the contractor to the max is the best 1. as the contractor get what he want and he build what the developer want. if the developer squeeze all the single cents from the contractor and contractor have no choice but to reduce the quality to comply to the cost. but since u asked, in my opinion the good developer are Selangor Dredging, Symphony Life, UM Land.

2)
Engineer is consulting engineer where they design the building to suit to requirement of architecture and infrastructure of building.

3)
safety net.

Posted by O'Brian > 2020-05-05 12:59 | Report Abuse

BABIKING OR ViVaFoReVeRLOVE, Can i know how to solve a water leaking issue on a previously cold joint area?

Posted by jackfruit > 2020-05-05 13:00 | Report Abuse

Another push and dump counter. BEWARE.

Posted by BABIKING > 2020-05-05 13:00 | Report Abuse

Hi O'Brian, different measure will be taken depend on how severe the water leaking are and what kind of exposure of the surface. normally, they will just do pressure grout injection at the water leaking zone with each point for injection is very close to each other in order to fill in the water capillary within the slab.