Posted by deathgodwoairuo > 2018-10-22 19:44 | Report Abuse

director and company buy back is good or no good?

Posted by investmentMonster > 2018-10-22 20:17 | Report Abuse

When Mr Market behaves unreasonably, when a stock with a NTA of 44 cents and 900m contracts in hand plunged to a all time low of 28 cents, yet the company is still offering ESOS at 35 cents and the company and directors are busy buying back share aggressively, you should know very well what you should do now

Posted by WhiteCapital > 2018-10-22 20:19 | Report Abuse

Good good company, thanks for commenting, Great Discount

Posted by lokim > 2018-10-23 06:57 | Report Abuse

If that's good comments, why not today let's do a big rebound. Go go go

Posted by bearguy > 2018-10-23 16:46 | Report Abuse

obviously the company cash flow has its problem. They even sell the land one month ago to repay the bank loan. The machines depreciate too much, they had bought too many machines and no utilize because of the recent low developing in infrastructure and houses

Posted by bearguy > 2018-10-23 16:47 | Report Abuse

900m contracts also no use, the burden on interest and machines too high. RMB the diesel price also affect their profit margin

Posted by investmentMonster > 2018-10-23 19:14 | Report Abuse

The selling of land is not intentially to pay debt. They’re offered above market price which they could hardly resist.

Posted by investmentMonster > 2018-10-23 19:21 | Report Abuse

Agreed that the under utilisation of machines and high diesel price impact their earnings.

But those will be partially if not fully resolved next year when the land hand over issue is resolved and new contracts quoted based on high diesel price are executed

Profit margin is expected to recover gradually.

Posted by investmentMonster > 2018-10-23 19:24 | Report Abuse

Oil price recently is falling proportianately with the bearish market too, it won’t remain the current high for too long.

Because of all the temporary factors and poor sector sentiment since the changing of government, the price has plunged unreasonably low and this makes it a potential turnaround stock that upon the recovery of the construction sector, expect to bring lucrative return to those long term contrarian investors who are entering at this price

Posted by Bapaklangkau > 2018-10-23 19:28 | Report Abuse

super good counter, Love it, 50+ % discount, it's like paying 50 cents for RM 1

Posted by investmentMonster > 2018-10-23 19:29 | Report Abuse

The continue buying of share by the company and directors show that the business is still continue as usual, what investors need now is patience

Posted by BaybieShark > 2018-10-23 19:32 | Report Abuse

Their SBB is a joke even I bought more than them

Posted by investmentMonster > 2018-10-23 19:44 | Report Abuse

http://www.theedgemarkets.com/article/record-spending-sarawaks-infrastructure-development-—-abang-johari

Posted by Cimbnet > 2018-10-24 10:05 | Report Abuse

Advcon got strong exposure in sabah or sarawak?

Posted by Scoobydo > 2018-10-24 11:06 | Report Abuse

Advcon just enter sarawak with a new subsidiary to bid sarawak project...so, not yet well established there

Posted by Cimbnet > 2018-10-24 13:42 | Report Abuse

With their profile should be able to win some tender for earthwork. At least some catalyst

Posted by Ajeng Rtz > 2018-10-24 16:04 | Report Abuse

see at 0.100 laaa

Posted by Scoobydo > 2018-10-24 17:26 | Report Abuse

Lol... Ur too optimistic.

Posted by Ajeng Rtz > 2018-10-26 17:27 | Report Abuse

hahaha...ok laaa...wait at 220 :)

Posted by butterflyeffect > 2018-10-31 12:41 | Report Abuse

Sudah 29 maa..

Posted by lohboonsen > 2018-11-07 13:11 | Report Abuse

already quite bottom.with booked order of almost a billion..I think it will back to at least 0.60..keep eyes on it.

Posted by Cimbnet > 2018-11-07 19:09 | Report Abuse

Sarawak contract if can get sure boom.

Posted by ajeng37 > 2018-11-07 19:30 | Report Abuse

What is the sarawak status?

Posted by investmentMonster > 2018-11-07 23:28 | Report Abuse

Buy. Oil has plunged from usd 86 to 72. 2018 coming to the end, next year profit margin will start to pick up, monitor wce status closely, Sarawak project got high chance, they have experience in pan Borneo Sarawak, based on their experience should be able to secure some contracts

Posted by Keith Han > 2018-11-08 17:44 | Report Abuse

As director interview said, this 2 year project will support from Sarawak, director already prepare grab project from Sarawak.. advancon not company that depend of government project, new government actually no direct impact on them.

Posted by Cimbnet > 2018-11-09 22:30 | Report Abuse

Yup, recently also set up subsidiary in sarawaj

Posted by investmentMonster > 2018-11-15 10:34 | Report Abuse

http://www.theedgemarkets.com/article/advancecon-bags-rm43m-earthworks-job-sime-darby

Posted by Cimbnet > 2018-11-16 15:12 | Report Abuse

Nice la, volume also picking up.

Posted by trulyinvest > 2018-11-22 13:50 | Report Abuse

wow. poor result... 10sen coming

Posted by Scoobydo > 2018-11-22 18:55 | Report Abuse

Wakaka.... Train to holland. Tml gap down!

Posted by Alex™ > 2018-11-22 18:56 | Report Abuse

as the name suggests, adv con = advanced con counter

Posted by Alex™ > 2018-11-22 18:56 | Report Abuse

not typical con counter...this one is advanced version, can make you hold until u lose your pant only then u wake up

Posted by Alex™ > 2018-11-22 18:57 | Report Abuse

and got 1sen div to make u happy

Posted by investmentMonster > 2018-11-23 19:24 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5983329

Posted by deathgodwoairuo > 2018-12-27 23:32 | Report Abuse

company buy back is good or no good?

Posted by Cimbnet > 2018-12-29 22:50 | Report Abuse

Good. But they buy with such tiny amt, dunno what's the purpose

Posted by Cimbnet > 2018-12-29 22:51 | Report Abuse

Anyway, Sarawak will be the sweet spot for construction next year. Let's see if advcon can benefit from it

Posted by investmentMonster > 2018-12-31 17:57 | Report Abuse

Massive accumulation today. This is gonna be one of the bull stocks to watch out for in 2019

Posted by investmentMonster > 2019-01-07 10:58 | Report Abuse

http://www.theedgemarkets.com/article/advancecon-plans-big-strides-sarawak

Posted by Scoobydo > 2019-01-07 17:09 | Report Abuse

Pump and dump?

Posted by Cimbnet > 2019-01-09 12:16 | Report Abuse

Win in Sarawak year end Rm 1

Posted by investmentMonster > 2019-01-09 14:01 | Report Abuse

Don’t be so greedy la bro, aim IPO price 63 cents first. But hope your TP comes true la lol

Posted by lohboonsen > 2019-01-09 14:03 | Report Abuse

with the almost 1 billion book orders on hand and potential project catalyst. the price should be at 0.80. from the revenue perspective, 900 millions divided into 2 years, the revenue should be 100 millions per qtr, 7 % margins, around 2.4cents eps per qtr. take PE 8 is 0.75 cents.this is not included all the potential project in Sarawak.

Posted by investmentMonster > 2019-01-09 14:06 | Report Abuse

lohboonsen Totally agreed with you

Posted by investmentMonster > 2019-01-09 14:08 | Report Abuse

Recent plummet of oil price will help on the margin as well

Posted by CharlesT > 2019-01-09 14:14 | Report Abuse

mari mari

Posted by Cimbnet > 2019-01-15 16:40 | Report Abuse

With margin increase and more job winning, should be 1 of the best performing construction company with mkt cap at 100m

Posted by ytk666 > 2019-01-19 12:54 | Report Abuse

Going up soon.

Posted by investmentMonster > 2019-01-22 12:50 | Report Abuse

Buy

Posted by myrKing > 2019-01-22 16:55 | Report Abuse

0.305 ok to buy in?