ANCOM NYLEX BERHAD

KLSE (MYR): ANCOMNY (4758)

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Last Price

1.24

Today's Change

-0.02 (1.59%)

Day's Change

1.23 - 1.28

Trading Volume

6,339,800

Additional Listing


Ann. Date Date Type Units Price View
Discussions
5 people like this. Showing 50 of 2,143 comments

newuser999

Expect coming 3Q breaks net profit 15 mil. Management and top shareholder own ~73% ordinary shares (Year 2021). Share price can be easily to push above RM 5.00.

2022-03-11 14:57

newuser999

breaks 50 MA. Support 3.31, 3.14, 2.92

2022-03-15 16:26

2Invest

Dear All Sifus here;

Any of you has calculated intrinsic value of Ancom? How much it worth? Mind to share? Thank you

2022-03-17 18:27

lewis3333

RM4

2022-03-18 10:03

JustinLong

Show time.

2022-03-21 15:29

SpencerW

Completion of the disposal of its tank farm in Vietnam gives Ancom a RM20.5m gain on disposal. Extra profits to be reported!

2022-03-27 19:10

Icon 888

Upside limited.. down side unlimited

2022-03-29 23:44

JustinLong

Charging past RM4 then onto the split in June. Let's go!!

2022-04-05 22:00

troy88

Rested enough already. Time for the next surge..

2022-04-06 09:47

Rider

Is the soon to announce quarterly results going to excite the market? I have a feeling it's a roar!

2022-04-15 11:43

nasilemak5

No more show time recently.

2022-04-20 14:23

nasilemak5

End of the year RM5 ? !!!

2022-04-20 14:24

neonstrife

Ancom Nylex Q3 FY22 revenue rose 31.0pc YoY to RM510.0mil

KUALA LUMPUR: Ancom Nylex Bhd (ANB) posted a revenue of RM510.0 million for the third quarter (Q3) ended 28 February 2022 (FY22), a surge of 31.0 per cent year-on-year (YoY) from RM389.2 million last year.

In tandem with the higher turnover, net profit doubled YoY to RM15.1 million for Q3 from RM7.1 million in the same quarter of FY21.

For Q3, the agricultural chemicals (Agrichem) segment reported revenue of RM98.2 million, improving by 15.5 per cent YoY.

The industrial chemicals division reported revenue of RM371.9 million for Q3 FY22, improving from RM262.5 million last year.

Managing director and group chief executive officer Lee Cheun Wei said the sustained growth momentum was mainly supported by the agrichem division, which saw an increase in orders from export markets and Malaysia.

"Plantation operators worldwide have been working hard to fulfil the rising food demand, indirectly resulting in the surge in herbicide prices.

"Moreover, the two new agrichem active ingredients rolled out earlier have also contributed to our bottom-line increase," he said in a statement today.

Looking ahead, Lee said the company remains upbeat on its agrichem business prospects following visits to key export markets in recent months.

"Overall, we anticipate demand from countries such as Thailand, Brazil, and Malaysia to increase.

"Meanwhile, ANB faced growth momentum for the industrial chemicals arm with some headwinds in the Q3 of FY22.

"Nevertheless, we believe the division's performance will be better over the coming periods as prices for petrochemical products are currently trading at higher levels than their historical averages," he said.

For the nine-month (9M) of FY22, ANB's top line increased 32.5 per cent YoY to RM1.45 billion.

Net profit jumped 122.0 per cent YoY to RM36.3 million for the period compared to RM16.3 million in 9M FY21.

2022-04-21 10:04

nasilemak5

Sell on news. let's wait for the next adjustment.

2022-04-22 12:38

newuser999

support 3.59

2022-04-22 16:35

krish52

the whole issues on nylex and ancom are quite complicated for now. hope everything will be fine and good foe everyone.

2022-04-26 08:40

klkk

@krish52 Huh! What went wrong in Ancom? Please share with us.

2022-04-26 11:45

klkk

B4 the qtr result announced I had been queueing to buy the warrants at 2.70 - 2.75 for almost 3 weeks but couldn't get any. Now with the good results announced suddenly I could get cheaper... I bought yesterday at average 2.60. But today even cheaper!

2022-04-26 12:37

lewis3333

rm3-29 byebye

2022-05-09 17:26

Rider

EGM ok this morning?

2022-05-20 12:34

nasilemak5

3 to re-enter and game start again

2022-05-25 16:57

JustinLong

It's about time market revisit this gem that will continue to churn out impressive results given the top-notch management in driving growth and profitability.

2022-06-01 21:39

JustinLong

At RM1.10 current price is equivalent to RM3.30 yesterday's price.

Seems like the food security theme is back into play :)

2022-06-02 10:27

RobertLim

It was RM3.15 yesterday and now it is RM1.09 due to the share spilt. But why was my share unit still the same in Rakuten ? I'm currently suffering 65% lossess in Rakuten. Can anyone please advise why ?

2022-06-02 14:47

lewis3333

no worry, the remain share split will credit to u 2morow, can trade on next tuesday!!

2022-06-02 15:07

RobertLim

Thanks Lewis!

2022-06-02 15:56

roger3210

many ppl will sell when they got the shares on next tuesday, be extra careful !

2022-06-03 15:56

calvintaneng

sunnyspoon

The boss keep buying at low what will happen next in his mind ??????????????????????

10 minutes ago


calvintaneng

Boss bought 500,000 shares at Rm1.215 more than Rm600,000 per day everyday day for many many months non stop means he will buy Tsh up from Rm1.21 to Rm1.79 again and then higher

He never stop could mean he buying all the way to reach Rm3.00

Ancom boss bought all the way from 60 sen to over Rm3.00 non stop so we see Tsh boss doing the same

2022-06-14 18:25

SpencerW

Game on?

'White knight' to take over the major contractor of JB-Singapore RTS
Link://www.theedgemarkets.com/article/wee-white-knight-take-over-major-contra...

2022-06-28 17:05

Mkttalk

Good results . Why no dividend?

2022-07-19 10:08

Michael Kwok

Downgrade ancomnylex below 50 cents.
Price 87 cents.
Date 19/7/2022 6.28pm

2022-07-19 18:28

klkk

@Michael Kwok, who downgraded AncomNylex to below 50 cents and please share where you read it.

2022-07-19 21:43

mkmk

50 sen? RM1.50 bah….

2022-10-06 10:44

newbie8080

It's biggest revenue contributor which is the industrial chemical represents 70% of total revenue but only achieve 1.7% profit margin. A 10% drop in ASP due to weaker crude oil will likely push it to losses of more than 5%.

Whereas the agricultural chemical has a 14% profit margin but contributes only 30% of total revenue.
Preferably, the management should spin off the agrichemical biz to achieve better valuation via independent entity or IPO.

2022-10-18 11:21

rulethemarket

looks like the boss bought for a reason

2022-10-18 12:06

razifffff

Can this counter price up affect the price for nylex too??

2022-10-30 20:12

klkk

万事俱备,只欠东风!with Qtr after Qtr of good results, good recommendations from funds/ research houses, so many times it looked like ready to surge but false alarm that many times...haiya, when is the "eastern wind" coming to this counter?

2022-10-31 22:59

SmallCapAsia

Ancom Nylex is a stable and profitable stock to ride out the volatility. Check out more here: https://www.smallcapasia.com/7-stable-malaysia-stocks-for-nov-2022/

2022-11-02 11:34

Raiz368

Ancomny up, Nylex will up too..

1 month ago

taihai

price $1.05 n esos only 25.5c ???? who become as dumd investment ????

1 month ago

wallstreetrookieNEW

Another value company

4 weeks ago

wallstreetrookieNEW

Ancom + Nylex merger

4 weeks ago

wallstreetrookieNEW

RM20k buy in

4 weeks ago

wallstreetrookieNEW

Siew Ka Wei vs Ong Choo Meng vs Vincent Tan
Who will win in 2023?

3 weeks ago

wallstreetrookieNEW

Top up

3 weeks ago

wallstreetrookieNEW

Easy money here. Siew Ka Wei vs Ong Choo Meng

3 weeks ago

wallstreetrookieNEW

13x trailing PE

3 weeks ago

klkk

Ancom Nylex Berhad OUTPERFORM
A Proxy to Global Food Security Goal Price : RM1.16
Target Price : RM1.80
By Raymond Ng l ngiy@kenanga.com.my
We are initiating coverage on ANCOMNY with an OUTPERFORM call
and a TP of RM1.80 based on FY24F PER of 15x, which is at a 30%
discount to its larger international peers. We like ANCOMNY for it
being: (i) the largest herbicide active ingredients (AI) producer in
South-East Asia, (ii) a beneficiary of the widening ban on the
paraquat use, and (iii) a proxy to global food production and food security goal.

2 weeks ago

Engm100

at critical resistance. can thru it?

1 week ago

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