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8 comment(s). Last comment by JustinLong 2021-06-08 10:33

ycbang

468 posts

Posted by ycbang > 2020-09-18 11:01 | Report Abuse

thanks sifu Calvin

TheSecret

658 posts

Posted by TheSecret > 2021-01-13 15:26 | Report Abuse

Thanks to you, too.

Posted by Luckywhitecat > 2021-01-13 18:14 | Report Abuse

Thanks Mr Calvin

Posted by ChongLeeWoon > 2021-02-22 17:45 | Report Abuse

Double up from current level in no time once mother hit RM2!

JustinLong

199 posts

Posted by JustinLong > 2021-03-15 21:29 | Report Abuse

ANCOM Update:

1) S5-ALB RTO reassured by S5 MD as published by TheEdge Weekly last weekend 13March

2) Ancom stands to gain from share issuance of ALB to S5 owners. Book value of 5 sen, issued at 10sen. 5sen premium for the listed shell.

3) CPO Price sustaining above RM4k/mt, palm oil plantations increasing spending on herbicides to squeeze maximum yield at current high CPO levels. ASP and volume of Ancom's agrochem unit continue to break new high, booking profits for a record year ahead.

Ancom's share price failed to take off last time due to perception that it was a conglomerate burdened with too many loss-making baggages. It has successfully transformed to a pure-play integrated mid-size chemical group in Malaysia, akin to a mini-lotte/CCM.

Ancom shall benefit from the continued commodity supercycle as growers worldwide order more of Ancom's agrochem to better manage larger tracts of plantations to maximize yield.

RM2 for mother share seemed impossible last year. It is now within reach, very very soon.

JustinLong

199 posts

Posted by JustinLong > 2021-03-27 17:25 | Report Abuse

Resting on strong support, about to run up again...

JustinLong

199 posts

Posted by JustinLong > 2021-04-24 11:46 | Report Abuse

New historical high coming next week. Watch out.

JustinLong

199 posts

Posted by JustinLong > 2021-06-08 10:33 | Report Abuse

Nylex shoot up last Friday cos of value gap between Nylex price and the eventual offer price which includes Ancom shares issuance.

Ancom-WB next to shoot as it is already in the money or with super low premium.

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