ADVANCECON HOLDINGS BERHAD

KLSE (MYR): ADVCON (5281)

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Last Price

0.26

Today's Change

0.00 (0.00%)

Day's Change

0.255 - 0.26

Trading Volume

162,700


2 people like this.

1,032 comment(s). Last comment by wallstreetrookieNEW 2023-08-02 14:49

optimus9199

2,794 posts

Posted by optimus9199 > 2017-10-04 17:11 | Report Abuse

wow dapat RM 32.6 mil project for earthworks project

Posted by Kenneth Hng Kah Meng > 2017-10-04 21:03 | Report Abuse

Price upppppppppppp

traderman

7,854 posts

Posted by traderman > 2017-10-13 10:26 | Report Abuse

too many retailers buy ... shark dont like. will retrace back to 1.07-1.08

Woo John

552 posts

Posted by Woo John > 2017-10-13 15:26 | Report Abuse

Advcon if able to break through 1.12 will surely swift upward for new high.

tby5355

9 posts

Posted by tby5355 > 2017-10-13 15:37 | Report Abuse

just sold it.....wait for next wave

nekosan

3,637 posts

Posted by nekosan > 2017-10-14 10:59 | Report Abuse

director also sell.

traderman

7,854 posts

Posted by traderman > 2017-10-16 15:34 | Report Abuse

back to 1.07-1.08 as expected

Posted by Kenneth Hng Kah Meng > 2017-10-17 03:21 | Report Abuse

Guessssss correctly sold 1.12 last week waiting to go in at 0.96-1.02

optimus9199

2,794 posts

Posted by optimus9199 > 2017-10-20 19:47 | Report Abuse

up up up

Posted by sentimentrader > 2017-10-23 15:07 | Report Abuse

Real Resistance is 1.15 with Million Size Sellers there

Posted by sentimentrader > 2017-10-23 15:47 | Report Abuse

212K 50K 25K 10K 30K 10K 50.2K 50 50 50 80 25 25 50 10 30 100 20 10 60 50 15 10 16.5 2 10 5 12.8K taken $1.15...

optimus9199

2,794 posts

Posted by optimus9199 > 2017-10-23 16:00 | Report Abuse

huat ahhhh!!!!!!!!!!!!!!!

Posted by sentimentrader > 2017-10-23 18:09 | Report Abuse

Tomolo continue..

optimus9199

2,794 posts

Posted by optimus9199 > 2017-10-23 18:42 | Report Abuse

Buy as much as possible

Posted by sentimentrader > 2017-10-24 11:28 | Report Abuse

After rising 36.1% since its IPO on July 10, Malaysian pilling works and turnkey construction firm Advancecon could still see more upside, says Public Investment Bank. Riding on a gradual uptrend, it says the gains in prices and volumes at Advancecon are interpreted as a positive sign. The stock climbs 1.7% to MYR1.17 Tuesday morning, trying to challenge its all time high of MYR1.20, hit on July 25. Public Investment Bank says technical indicators currently signal a reasonable entry level, with anticipation of continuous improvement in both momentum and trend in the near term. It says should resistance level of MYR1.17 be firmly broken, it may continue to lift prices higher to the next resistance level of MYR1.27. (yantoultra.ngui@wsj.com; @yantoultra)

Posted by sentimentrader > 2017-10-24 11:29 | Report Abuse

going for MALTON next....Bullish

traderman

7,854 posts

Posted by traderman > 2017-10-24 11:30 | Report Abuse

very good company. sure 2.0 a matter of time

Posted by stockintalk > 2017-10-28 18:04 | Report Abuse

Big Construction Jobs to KICK OFF next year.

CONSTRUCTION players planning for the start of big-ticket jobs finally got the news they were waiting for. The large construction jobs valued at more than RM150bil will be dished out next year.

The RM55bil East Coast Rail Link (ECRL) will kick off in January, while the construction of the MRT3 or the circle line will be expedited to be completed by 2025, earlier than the initial target of 2027.

The next few years look promising for :

1) Gamuda Bhd.

2) George Kent (M) Bhd.

3) WCT Holdings Bhd.

4) Gabungan AQRS Bhd.

5) Mudajaya Bhd.

6) Sunway Construction Bhd.

7) Fajarbaru Builder Group Bhd.

8) TRC Synergy Bhd.

In order to ensure a balanced economic spillover between urban and rural areas, the Government will improve logistics and transport infrastructure through the ECRL project which connects Port Klang to Pengkalan Kubor in Kelantan, which has the capacity to transport cargo and passengers in four hours. For now, more than 1,000 firms are competing for civil work packages for the construction of the new 688km rail line that will link states on the east coast to the Klang Valley.

Meanwhile, the MRT2 Line from Sungai Buloh–Serdang–Putrajaya, spanning 52km and covering 37 stations with an estimated construction cost of RM32bil, will go on. It is estimated to be completed by 2022.

A sum of RM110mil has also been allocated to provide an alternative road to Port Klang to smoothen and complement the transportation network.

Furthermore, the construction of the LRT3 project, which will connect Bandar Utama to Johan Setia, Klang, is expected to be completed by February 2021.

Another construction commitment is the high-speed rail project, which will connect Kuala Lumpur to Singapore in a distance of 350km in 90 minutes to be completed by 2026.

The West Coast Highway from Banting, Selangor, to Taiping, Perak is under construction at an estimated cost of RM5bil.

As for the Central Spine Road, RM230mil has been allocated to continue the construction of the road from Raub to Bentong and Gua Musang, Kelantan, to Kampung Relong, Pahang.

https://www.thestar.com.my/business/business-news/2017/10/28/big-construction-jobs-to-kick-off-next-year/

http://www.theedgemarkets.com/article/market-refocus-fundamental-says-hlib-research

optimus9199

2,794 posts

Posted by optimus9199 > 2017-11-01 16:45 | Report Abuse

Buy as much as possible...the coming results will be very good

Tan Issac

82 posts

Posted by Tan Issac > 2017-11-01 17:06 | Report Abuse

when is the next Q result

Posted by henryng1234 > 2017-11-01 20:26 | Report Abuse

expect strong qr in the coming days , holding some strong project on hand , good prospect , waiting to spike up to tp 1.5-1.6

flash777

618 posts

Posted by flash777 > 2017-11-02 11:17 | Report Abuse

Not a succesful breakout, beware to be trapped

flash777

618 posts

Posted by flash777 > 2017-11-07 11:38 | Report Abuse

Will drop back below 1.1

optimus9199

2,794 posts

Posted by optimus9199 > 2017-11-07 23:14 | Report Abuse

Good for it to drop....I will buy

apolloang

18,163 posts

Posted by apolloang > 2017-11-07 23:17 | Report Abuse

where got drop,i sold at 83cts until now never see 82.5cts also

flash777

618 posts

Posted by flash777 > 2017-11-08 10:18 | Report Abuse

If want buy, buy 1.0-1.1. Buy now will get trapped.

flash777

618 posts

Posted by flash777 > 2017-11-08 14:51 | Report Abuse

Do not chase

flash777

618 posts

Posted by flash777 > 2017-11-09 10:59 | Report Abuse

Beware coming qtr results. Better results will not guarantee a breakout as i said boss hold too much shares. A lower than expected results will send this stock back to 1.0

optimus9199

2,794 posts

Posted by optimus9199 > 2017-11-09 21:10 | Report Abuse

Buy as much as possible

flash777

618 posts

Posted by flash777 > 2017-11-13 11:27 | Report Abuse

Sell as much as possible, buy back below 1.1

flash777

618 posts

Posted by flash777 > 2017-11-13 17:39 | Report Abuse

ESOS lagi, boss still want more shares?! Drop to 1.0 confirmed

Scoobydo

120 posts

Posted by Scoobydo > 2017-11-14 13:04 | Report Abuse

It sound like flash777 trying to psycho us to sell down so that he can buy it at lower price.

flash777

618 posts

Posted by flash777 > 2017-11-14 13:33 | Report Abuse

You think too much

Scoobydo

120 posts

Posted by Scoobydo > 2017-11-14 15:24 | Report Abuse

Hahaha....hopefully. but u see d volume is not too high despite price drop lots. I think someone is pushing d price down for collection before qr release.

optimus9199

2,794 posts

Posted by optimus9199 > 2017-11-14 16:08 | Report Abuse

the potential EPS dilution will not be affected much by the ESOS

Scoobydo

120 posts

Posted by Scoobydo > 2017-11-14 18:25 | Report Abuse

ESOS 15% extra share is quite lots.some dilution will happen but the main issue is whether advcon coming revenue and net profit can cover it or not.

optimus9199

2,794 posts

Posted by optimus9199 > 2017-11-14 19:07 | Report Abuse

The company must had known its capability to grow, thus only able to issue more shares

flash777

618 posts

Posted by flash777 > 2017-11-15 08:30 | Report Abuse

Unless the qtr results is superb , otherwise this stock is NOT gonna has a successful breakout. From what i see is the syndicate has no intention of breakout in the first place, just testing only. We never know how long to wait until syndicate decide the right timing. So dont rush in to buy now, should wait for lower price, if dont want get trapped for unknown period of time

optimus9199

2,794 posts

Posted by optimus9199 > 2017-11-15 09:17 | Report Abuse

Bought 1.01 today...lucky

flash777

618 posts

Posted by flash777 > 2017-11-15 09:19 | Report Abuse

Hahahaha, are you the syndicate???

riaz

160 posts

Posted by riaz > 2017-11-15 09:38 | Report Abuse

Advancegone

optimus9199

2,794 posts

Posted by optimus9199 > 2017-11-15 09:42 | Report Abuse

The management of Advacecon will not be silly to sabotage its hard owned established company for 30 years. ESOS is as an incentive and award to the company's workers effort. And they must had known its growth potential, or else it wouldnt have issued ESOS to the workers and management

flash777

618 posts

Posted by flash777 > 2017-11-15 15:03 | Report Abuse

Some companys are that silly, just wait after qtr results, entry now is 50 50 betting and the chart really doesnt look good at all.

Scoobydo

120 posts

Posted by Scoobydo > 2017-11-15 16:03 | Report Abuse

It seems that operator is selling a big chunk directly at 1.07 without queuing. Doesnt look good.

flash777

618 posts

Posted by flash777 > 2017-11-16 09:19 | Report Abuse

Market sentiment very bad. Operator can easily press down below 1.0 without much effort. T3 T7 players beware.

Scoobydo

120 posts

Posted by Scoobydo > 2017-11-24 15:27 | Report Abuse

Game over dy... time for CL

flash777

618 posts

Posted by flash777 > 2017-11-27 09:10 | Report Abuse

Accumulate below 1.0
If qtr result is shitty. CL without looking back

optimus9199

2,794 posts

Posted by optimus9199 > 2017-11-28 18:39 | Report Abuse

RM 75mil contract for 2 years...yippie

flash777

618 posts

Posted by flash777 > 2017-11-28 19:00 | Report Abuse

Time to cut loss

flash777

618 posts

Posted by flash777 > 2017-11-28 19:01 | Report Abuse

Those who havent bought, can wait 0.92 or lower

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