AGESON BERHAD

KLSE (MYR): AGES (7145)

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Last Price

0.075

Today's Change

+0.005 (7.14%)

Day's Change

0.07 - 0.075

Trading Volume

145,400


34 people like this.

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

Posted by Chris036 > 2020-05-05 23:23 | Report Abuse

Crazy, you think goverment will approve permit to sell sand.

RedEagle

3,194 posts

Posted by RedEagle > 2020-05-05 23:36 | Report Abuse

Malaysia Boleh

Elmerbaby

67 posts

Posted by Elmerbaby > 2020-05-05 23:39 | Report Abuse

you underestimate our government

rizal_de

503 posts

Posted by rizal_de > 2020-05-06 00:17 | Report Abuse

everything would be possible post-covid that could generate income

kleverman

69 posts

Posted by kleverman > 2020-05-06 00:32 | Report Abuse

Our government is lacking sources of income, when you lose your job would you sell Amway? A beggar doesn't choose bro... I'm not sure what is the public being skeptical about. Sand is not finite, there is a thing called Ocean current and Coriolis effect.

The general public is glue-ing on AirAsia.. they just haven't realise such an obvious diamond here...

GoodTrade

933 posts

Posted by GoodTrade > 2020-05-06 01:28 | Report Abuse

Ageson said the mining capacity would include 30,000 cubic metres per hour, equivalent to 180 million cubic metres per year, while the transport capacity requires about 4,500 shipments per year or 50,000 tonnes per shipment ... Total value at RM27.5 billion for 15 years ... Based on these figures, each year about RM1.83 billion for 225 million metric tonnes ( 4,500 x 50,000 ) of sand ... Ageson is getting about RM8 per metric tonnes of sand only ... The state government is imposing a tax of RM8 per metric tonnes of river sand ... I wonder how can they make money ... I think something is missing somewhere ...

kleverman

69 posts

Posted by kleverman > 2020-05-06 01:54 | Report Abuse

Good trade give you a tips.. you are just assuming you have to be the operator. What if you don't?

paulthesotong

2,828 posts

Posted by paulthesotong > 2020-05-06 02:37 | Report Abuse

Sand from san felipe zambales filipino.. wouldn't give u a teaspoon next sell snow to eskimo , combs to buddhists monks.!!!

Posted by karasu853 > 2020-05-06 03:12 | Report Abuse

Wahahaha

RedEagle

3,194 posts

Posted by RedEagle > 2020-05-06 06:17 | Report Abuse

Ages today close at next station 0.23?

leechen88

292 posts

Posted by leechen88 > 2020-05-06 06:58 | Report Abuse

1 tonnes rm13.75 lah.... please convert tonnes to metric meter first then multiple by quantity n divided by revenue per year

Posted by NiagaUntOngSelalu > 2020-05-06 07:40 | Report Abuse

One whole working day yesterday ....so far no news on mistaken contract's figure or disputed or fake contract. So at this point we can assume it is very much true. No revenue is realized yet but we can see the potential.

So....buy, buy lorr. We have Pasir Mas (golden sand) in kelantan. Very precious you know.

Posted by krishfiona > 2020-05-06 08:17 | Report Abuse

Ageson, can you just take off to a point where it will too high a price for all the analysts here to chase till they find out the legitimacy of the contract.

TSFH

1,183 posts

Posted by TSFH > 2020-05-06 08:23 | Report Abuse

Guys, if you monitor the price, there's controlling party. This party seems still collecting and may take off once have enough. That time most retailer probably already sold their holding.

TSFH

1,183 posts

Posted by TSFH > 2020-05-06 08:25 | Report Abuse

But this just my hunch. Could be very wrong. I'll continue monitor this counter.

JazzzLee

69 posts

Posted by JazzzLee > 2020-05-06 08:30 | Report Abuse

Anyone can answer Ages cash only have 4m, how the company run 1.8B business per annual?

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2020-05-06 08:39 | Report Abuse

PP or right issue

firehawk

4,782 posts

Posted by firehawk > 2020-05-06 09:11 | Report Abuse

PA is cheaper NOW!

2sen (PA price )+12 (conversiob price) =14sen,

Mother share is 18sen!

so, PA is cheaper now!

firehawk

4,782 posts

Posted by firehawk > 2020-05-06 09:24 | Report Abuse

Using ii method to convert (refer below)!

-------------------------------------------------------------------------------------------------
Remarks :
The ICPS can be converted into new Ageson Shares at the conversion price of RM0.13 ("Conversion Price") in the following manner:

i. by surrendering 13 ICPS to be converted into 1 new Ageson Share; or

ii. a combination of such number of ICPS and cash with an aggregate value equal to the Conversion Price, subject to a minimum of 1 ICPS surrendered, and paying the difference between the aggregate value of the ICPS surrendered and the Conversion Price in cash for 1 new Ageson Share.

masterus

3,597 posts

Posted by masterus > 2020-05-06 09:53 | Report Abuse

KUALA LUMPUR (May 5): Ageson Bhd’s share price rose as much as 25% today, after the company said it secured a RMB44.8 billion (RM27.5 billion) purchase order from a China-based company for the supply of sand over 15 years.

At 10.26am, the counter rose 2.5 sen or 15.6% to 18.5 sen, with some 124.83 million shares traded, which accounts for about 21% of its total outstanding share base of 582.11 million shares.

Earlier, the counter rose as much as four sen or 25% to a record high of 20 sen.

Yesterday, Ageson announced that its wholly-owned subsidiary Esa Pile Sdn Bhd accepted the purchase order from Guangzhou Kaishengda Industrial Co Ltd (GKI) for the supply of river and sea sand for 15 years.

newbie8080

2,765 posts

Posted by newbie8080 > 2020-05-06 09:56 | Report Abuse

Based on the announcement on Bursa, there's 3,860,754,392 ICPS.

--------------------------------------------------------------------------------

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3036614

happylucy

198 posts

Posted by happylucy > 2020-05-06 09:59 | Report Abuse

Good morning happy investors of Ageson! Looks like something big is brewing in Ageson, buy now guys!

happylucy

198 posts

Posted by happylucy > 2020-05-06 09:59 | Report Abuse

Happy happy happy girl

EZMONEY13

296 posts

Posted by EZMONEY13 > 2020-05-06 10:31 | Report Abuse

No volume, london bridge is faling down ?

Posted by ViVaFoReVeRLOVE > 2020-05-06 10:36 | Report Abuse

morning guys.....

Posted by YoungTycoonWILL > 2020-05-06 10:37 | Report Abuse

Good Morning ViVaFoReVeRLOVE

Posted by YoungTycoonWILL > 2020-05-06 10:38 | Report Abuse

Oh since your here, let me ask you something

Posted by ViVaFoReVeRLOVE > 2020-05-06 10:39 | Report Abuse

Anything about CONSTRUCTION, yes of course!

Posted by ViVaFoReVeRLOVE > 2020-05-06 10:39 | Report Abuse

BECAUSE THIS IS A CONSTRUCTION COMPANY......

Posted by YoungTycoonWILL > 2020-05-06 10:40 | Report Abuse

thanks

Posted by YoungTycoonWILL > 2020-05-06 10:41 | Report Abuse

I have a question and need an answer asap.
Recently i surveyed a high rise building in KL, a 5 star hotel.
The info I have is scale 1:50. i forgot the look for measurement for 1 unit.

the height (assuming in feet)
Floor B1 is 3750
Floor L is 6000
Floor 1 is 4000

Take 1 example, if i take 3750 divided by 50, i get 75 foot, equals to 22.86 meters. The level L is higher than that. Is it possible for 1 floor to have so high level of height?
When i consulted 1 contractor, he told normally it's around 10 meters only.

Please guide me. Thank you!

Posted by ViVaFoReVeRLOVE > 2020-05-06 10:42 | Report Abuse

3750, 6000 and 4000 are in mm la...so it's really 3.75m, 6m and 4m.........

Posted by ViVaFoReVeRLOVE > 2020-05-06 10:42 | Report Abuse

YoungTycoonWILL , i forget about the scale. I'm quite sure the number mention is in mm. meaning 3.75m for B1, 6m for L and 4m for 1st floor.

I don't know why u need to divide by 50 if the 3750 is in feet. coz if that is really 3750ft then convert to m is 3750 / 3.281 = 1142.94m that B1 alone is the tallest building in the world!!


added: ohh, the divide 50 is scale. u do't have to divide, forget about the scale if u can get the dimension from drawing. the scale meant for u to check if u can't see the dimension in the drawing

Posted by YoungTycoonWILL > 2020-05-06 10:43 | Report Abuse

Thanks for clearing my doubts.

Posted by Umbrella Corp > 2020-05-06 10:44 | Report Abuse

Guys, can i build my own house using my own hand, if i need local authority to approve it ? hehe

BABIKING

180 posts

Posted by BABIKING > 2020-05-06 10:45 | Report Abuse

Good morning,

BABIKING

180 posts

Posted by BABIKING > 2020-05-06 10:46 | Report Abuse

wow Ageson volume still very BIG! 24,198,7001 beh tahan liao

BABIKING

180 posts

Posted by BABIKING > 2020-05-06 10:46 | Report Abuse

Hi,
yes, u need local authority approval. therefore, get the design-build contractor to pau everything for u.

Umbrella Corp Guys, can i build my own house using my own hand, if i need local authority to approve it ? hehe
06/05/2020 10:44 AM

Posted by Umbrella Corp > 2020-05-06 10:47 | Report Abuse

Hi BABIKING, GREAT DAY YO!

i mean USE my own hands, not contractor....

BABIKING

180 posts

Posted by BABIKING > 2020-05-06 10:48 | Report Abuse

same la, if ur own hand, mean urself is a contractor. and yes u need approval from local authority. else how u get water supply? electric supply? even u don't need that or u generate electric urself, u also need to comply requirement under uniformity of building under relevant by-laws where only local authority only can grant u approval.

Posted by Umbrella Corp > 2020-05-06 10:49 | Report Abuse

i see, i am not license architect, also can get approval ?

how much need to pay for all this approval ?

BABIKING

180 posts

Posted by BABIKING > 2020-05-06 10:50 | Report Abuse

cost wise Umbrella Corp, i have no much idea. but then it definitely take a lot of ur time. if u get a design and build contractor, he pau everything to u as he know the procedure well and also got "shortcut". not just involve architect, it involve engineer, licensed planner as well. competent contractor can even build for u first and get approval later as he know how to get the approval. hence can do both design and build concurrently. this save a lot of time.

Posted by Umbrella Corp > 2020-05-06 10:51 | Report Abuse

I see, however, I am planning to do a small house myself, maybe get a helper, because its my hobby to play lego when small, now big already, wanna play real thing

BABIKING

180 posts

Posted by BABIKING > 2020-05-06 10:52 | Report Abuse

oic. u need machinery to do that. everything by hand? seems impossible with just a helper

but for sure u need to get license architect / engineer to design for u and do submission to local authority.

BABIKING

180 posts

Posted by BABIKING > 2020-05-06 10:53 | Report Abuse

and building houses is nothing similar to playing lego....

Posted by Umbrella Corp > 2020-05-06 10:54 | Report Abuse

yes BABIKING, I might need to buy or rent some light machinery, i am not building a big house, just a small one on my own land

i have read on www how people do that overseas, but not locally

EZMONEY13

296 posts

Posted by EZMONEY13 > 2020-05-06 10:56 | Report Abuse

Me too, i feel like building a banglo after ageson reach rm15

BABIKING

180 posts

Posted by BABIKING > 2020-05-06 11:02 | Report Abuse

hmm..... Umbrella Corp , play Lego is different coz just plug and play. construction in real life is not one man show thing, no company can do everything and therefore need a main contractor to sublet all the work to other. remember also u have to consider mechanical and electrical element beside structural and architecture of building. various profession. so u will miss out many thing i guess and regret later

Posted by Printing U.S Dollar Dollar Dollar > 2020-05-06 11:04 | Report Abuse

Hello, any standard for building a car park shelter construction on roof of a building or what is the correct method ?

especially how they secured the column onto the cement slab?

secret1q

276 posts

Posted by secret1q > 2020-05-06 11:06 | Report Abuse

today bursa fry for plantation counter

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