Posted by KnifeEdge > 2021-08-12 03:56 | Report Abuse

After 14 continuous sliding trades from IPO, if still no strategic decision and action by key stakeholders to buy and support the shares, the prices going to be under selling pressure until no one wishes to further cut loss. No significant rebound is expected as no one dares to increase stakes from now till after 6th September Confidence Vote in Parliament..shaky situation.

Posted by KnifeEdge > 2021-08-23 10:56 | Report Abuse

With the political situation now stabilised, rapid vaccination drive and achieving herd immunity in Klang Valley as soon as by September, bursa sentiment should improve with more relaxation and opening of business activities. As long as ICU and hospitalization cases are reducing, prospects of recovery will be good.

Among the 19 ACE IPO since 2020, this has been hugely oversold chartwise for past three weeks and now trading at attractive steep discount of 0.54 or 20% of IPO price 0.68! Given the profitable business, it deserves a better valuation...

Posted by KnifeEdge > 2021-09-06 17:44 | Report Abuse

Have the construction laggards in recent ACE/Main IPO been awaken?

Today saw impressive rebound with sustained strong buying interest pushing the price 4.5 cents or 8.3% to close at 0.585. It is still considered attractive at this price given its IPO price of 0.68, therefore investors still can enjoy a 14% discount. A low PER at 9.21 is certainly a good valuation comparatively.

In line with the soon expected upgrade of Covid Recovery Phases which will ease up restrictions in economy's activities including construction sector, IPO prices of some same sector companies have been hugely battered down due to untimely Covid pandemic, the time has perhaps arrived now to vindicate and justify their fair valuations and allow investors to recoup their losses from the recent IPOs.

Posted by KnifeEdge > 2021-09-09 11:28 | Report Abuse

More positive news ... construction sector expected to fully reopen in October...

https://www.klsescreener.com/v2/news/view/878895/construction-sector-could-fully-reopen-by-october

Posted by BursaRangers > 2021-09-17 09:04 | Report Abuse

https://klse.i3investor.com/blogs/BursaRangersTechnicalPicks/2021-09-16-story-h1571583741-BursaRangers_Daily_Technical_Picks_17_September_2021.jsp

Posted by goody99 > 2021-10-08 10:25 | Report Abuse

IPO price RM0.68? Interesting. Will research later this weekend...

Posted by EatCoconutCanWin > 2021-10-08 17:03 | Report Abuse

The worst IPO in 2021... Haha

Posted by Benhobenhobenho > 2021-10-09 15:40 | Report Abuse

Share price performed badly due to it being in the construction biz n it's still not out of the woods yet

Posted by me073194 > 2021-10-12 00:05 | Report Abuse

Gap up tomorrow

Posted by EatCoconutCanWin > 2021-10-12 08:32 | Report Abuse

can limit up like CEKD?

Posted by thesteward > 2021-10-13 10:00 | Report Abuse

Watch close if break 59 hopefully spike

Posted by KnifeEdge > 2021-10-13 16:59 | Report Abuse

Bingo!

Posted by freddiehero > 2021-10-13 17:01 | Report Abuse

are Harry Potter?

Posted by freddiehero > 2021-10-13 17:01 | Report Abuse

u are flying..

Posted by freddiehero > 2021-10-13 17:01 | Report Abuse

gogoogog..

Posted by freddiehero > 2021-10-13 17:02 | Report Abuse

once break 0.80 limit up

Posted by goody99 > 2021-10-13 19:16 | Report Abuse

share price is very close to recent high, but this time the volume is 2 times higher. Congratulations to those who still keep this stock !!!

Posted by goody99 > 2021-10-14 09:30 | Report Abuse

monitoring to see if share price can convincingly break its all time high...

Posted by goody99 > 2021-10-14 09:35 | Report Abuse

volume is the highest daily volume in just 30 minutes of trade. Hmm...

Posted by Citadel12 > 2021-10-14 09:37 | Report Abuse

nice counter sold 695

Posted by thesteward > 2021-10-14 12:20 | Report Abuse

Congrars all :-)

Posted by KnifeEdge > 2021-10-14 14:49 | Report Abuse

The price has normalised now(touched the height of 0.705), although still below IPO price of 0.67. Believed many IPO investors have cashed out this morning, with breakeven, small losses or small profits (at above 0.67).

Next laggard construction counters to watch will be TJSetia and Aneka which still are trading at big discounts from IPO prices (due to Covid) although the company are profitable per QR and professionally managed.

Posted by SuperPanda > 2021-10-17 20:51 | Report Abuse

time to collect 61c and below then hold few months, construction sector has been uptrending after long sleep

the previous one day show will come back with stronger support and slowly moving towards ipo price of 0.68

Posted by SuperPanda > 2021-10-18 00:20 | Report Abuse

some sharing on haily, might useful, pls add www. on the link below

instagram.com/p/CVEcsyihjJU/?utm_medium=copy_link

Posted by Hand0fMidas > 2021-10-18 09:56 | Report Abuse

no volume already, is time to pick up slowly. Recovery play

Posted by Thomask > 2021-10-18 14:57 | Report Abuse

Back to 50 I guess xoon

Posted by Hand0fMidas > 2021-10-18 16:57 | Report Abuse

lets see

Posted by EatCoconutCanWin > 2021-10-19 07:58 | Report Abuse

what going on? flying?

Posted by SuperPanda > 2021-10-19 10:37 | Report Abuse

update on construction sector trend, just a sharing, pls add www. on the link below to access

instagram.com/p/CVMXoJmJLIH/?utm_medium=copy_link

Posted by EatCoconutCanWin > 2021-10-19 17:59 | Report Abuse

i didnt have insta account

Posted by donald770 > 2021-10-19 19:22 | Report Abuse

lt tried hard to reward its new shareholders and will attempt again, may be with new vigour.

Posted by freddiehero > 2021-10-19 19:59 | Report Abuse

fail to break 0.80? is ok.. try another hardtry gogogogo...

Posted by goody99 > 2021-10-21 09:28 | Report Abuse

hopeflly 55 sen is the lowest

Posted by SuperPanda > 2021-10-21 22:07 | Report Abuse

anything below .60 is a bargain, dont miss to collect, 2022 is construction theme after almost 2 years of sluggish outlook due to covid

buy when the price drop below its real value, ipo price 0.68, if you are buying below ipo, its lower than fund and private holder price, nothing to worry

low downside, high upside

Posted by KinYin > 2021-10-25 20:49 | Report Abuse

Hope can LU tomorrow

Posted by nikafizan > 2021-10-26 16:47 | Report Abuse

LU??? what a joke =P

Posted by akennycwf > 2021-10-27 23:11 | Report Abuse

Hope can LD tomorrow. Can collect more.

Posted by EatCoconutCanWin > 2021-10-27 23:23 | Report Abuse

Wait for quarter results. Hope is +ve

Posted by nikafizan > 2021-10-28 09:28 | Report Abuse

When is the date?

Posted by EatCoconutCanWin > 2021-10-28 10:58 | Report Abuse

Not sure. But construction is pre budget play

Posted by akennycwf > 2021-10-30 14:32 | Report Abuse

Monday sayunara. LD .

Posted by KinYin > 2021-10-30 19:59 | Report Abuse

LU soon

Posted by SuperPanda > 2021-11-03 06:49 | Report Abuse

top up .54 again, thank you seller, end year tp .70

Posted by si3nz > 2021-11-03 07:20 |

Post removed.Why?

Posted by KinYin > 2021-11-03 18:51 | Report Abuse

LU soon

Posted by EatCoconutCanWin > 2021-11-05 11:00 | Report Abuse

Die

Posted by Pakcik Kiah > 2021-11-11 15:08 | Report Abuse

typical of newly listed chaplang companies, cannot sustain IPO price. Owners make money and exit.

Posted by akennycwf > 2021-11-29 13:05 | Report Abuse

Run titanic sinking. Change to glove .

Posted by KnifeEdge > 2021-11-30 15:12 | Report Abuse

Accumulations...money is made when others panic... looks like Omicron fears already factored in in Dow and Bursa.

Fundamentally sound company, wait three months...

Posted by hoot9yi > 2021-12-23 12:12 | Report Abuse

waited jor 1 month, momentum coming back ?