preparing to ACE better buy now to fetch low price now but this can only be enjoyed by sophisticated investor i.e rich individual, normal investor gotta wait till ACE then only buy but must buy well in advance before shooting up high

20 comments in 39 minutes .... av. every 2 minutes comment once

• 【AGES(7145) 正在出售168英亩的工业用地】
AGES(7145) 正在出售位于霹雳州Batang Padang的一块面积约168英亩的工业用地，购买价格为2.7878亿令吉。Ageson持有75%股权的间接子公司Ageson Holdings Sdn Bhd与中国浙江国融数字经济集团有限公司达成了一项出售和开发协议。

Thanks harold8990 and goody99 for your patience and clear explanation. Thank you so much, at least I am very much clearer now

goody99 ...I still don't get it.. what does that imply ? ?Do you mean to say SCOPE will go back to normal price like 20+ sen? Please elaborate

• 【AGES(7145)(原名PSIPTEK)已决定放弃其拟议的不可赎回可转换无担保贷款股票(ICULS)配股】
这家小型住宅建筑商和开发商表示，这是因为该公司完成配股所需的“预计较长时间”。Ageson说，它将探索另一种途径，以迅速筹集资金，满足其运营需求。

harold8990 - stock will
react 6 months earlier, --- Earlier than what ? please elaborate

*Ageson Bhd (formerly known as Prinsiptek Corp Bhd) has decided to scrap its proposed rights issue of irredeemable convertible unsecured loan stocks (ICULS). This is due to the "expected longer time" required for the company to complete the rights issue, the small cap home builder and developer said. Ageson said it will explore an alternative avenue to raise funds expeditiously for its operational requirements.

Stanley Teh, [Oct 10, 2021 at 1:03 AM]
null | https://www.klsescreener.com/v2/news/view/892183

Thorman 40 sen in the pipeline. x 2 = 80sen

Aunty do you really get happiness because of this? What is your problem Aunty?

Aunty is mentally unstable and sick, emotional imbalance when see this counter doing well, he is a pity soul,, let him rest a while ba... cooling in a cave is good for his mental and mind rehabilitation

Aunty are you sick? what are you up to? Go and see doctor and treat your emotional imbalance instead of spreading negative comments around. Keep talking nonsense is not going to help you or help anyone

If the mother share is near close to warrant exercise price, or below 30sen, then I might as well sell the warrant and get some money back. If the mother share is way above warrant exercise price of 30sen, then I will want to exercise the warrant to become mother share but at a big discount. Overvalue or not? I hope it is many times over above the 30sen, then only it will attract me to exercise the warrant

Oversold has ended after 4 days, and it is suppose to be rebounding time, in near short term

Dont waste time with negative people - Their negativity has no effect on other people, It is our own respond to their negativity that will cause an effect. Just ignore this nonsense people will do. Their negativity will eventually harm their own self, so long as they keep negative qi with them,

Scope TOP this morning is 0.300, one pip up, hope it can sustain and keep rebounding back to previous high, since it is still in the uptrend mode.

Kock is a nonsense fella, just ignore him

just ignore Kwok nonsense fella

Scope Industries rights issue 33% over-subscribed, raises RM64.81 million


https://www.theedgemarkets.com/article/scope-industries-rights-issue-33-oversubscribed-raises-rm6481-million

SCOPE INDUSTRIES - Major Turnaround Banking on Billion Dollar Supply Chain Diversion and Massive Capacity Expansion
Author: The Alpha Seeker | Publish date: Wed, 7 Jul 2021, 5:22 PM

INVESTMENT THESIS:

1. Despite the Biden administration coming into power early this year, the stance on the US-China trade war has continued to intensify with no signs of easing between both parties (having most tariffs during Trump's tenure still in place), in fact escalating to other issues over Xinjiang, Hong Kong and human rights. With US still being one of the largest customers for many MNCs, this has led to many companies with production facilities in China to move its supply chain away into other parts of the world, such as Vietnam, Thailand and Malaysia to avoid US tariffs on Chinese imports.


[Published by SCMP on July 2021]

One such company is Taiwan-listed ODM player Inventec Corp (a major supplier of many consumer electronics, including Apple AirPods), which announced its plans to shift its assembly business away from China to Taiwan, Malaysia and Mexico. Given the huge impact of the tariffs, potentially affecting as high as 90% of its USD 18 billion business, this necessitates a large proportion of its production capacity to move out of China, creating massive opportunities for supply chains in other regions.


[Highlighted by Inventec CEO, David Ho in Taipei Times on November 2018]

In Malaysia's case, Scope Industries is one of the many companies who has greatly benefitted from China's manufacturing exodus. They specialise in PCB assembly and has also recently expanded into completed electrical and electronic product assembly, including complete box-build products. On April 2019, Inventec has emerged as a substantial shareholder through its smart device manufacturing arm Inventec Appliances Corp, holding ~5% stake in the Company. Prior to Inventec's entry, Scope's revenue and profit has been on a steep decline for 2 consecutive years, resulting in the Company suffering few quarters of losses. Fast forward to FY2020, Scope experienced a 26% increase in its top-line, as a result of a 675% spike in sales from Taiwan from RM 1.1 million to RM 8.7 million, which we deduce to be contributed by Inventec ("Customer A").



Subsequently in the following three quarters of FY2021, its revenue growth continue to accelerate despite the Covid-19 pandemic, achieving its highest ever quarterly revenue of RM 11 million, RM 14 million and RM 21 million accordingly, with a YTD gross margin of 18% and returning to profitability with a net margin of 10%.



We believe orders from Inventec will continue to grow exponentially as we are just in the beginning of its production shift. Sonos, whose products are made by Inventec, has also expressed it wanted ALL of its US-bound products to be from Southeast Asia by the fall of this year, implying further opportunities for Scope to secure new orders.


[Published by WSJ on May 2021]

2. At the same time, Scope is aggresively expanding its production capacity from 145,200 sq ft of floor space to 299,200 sq ft on a 2.5 acres land in Parit Buntar, Perak, in anticipation of heightened demand coming from its existing customers and potential new customers arising from the US-China trade war, providing further fuel for its top and bottom-line to grow tremendously.


[Highlighted in 2020 Annual Report]

3. In order to fund this expansion and future acquistions, Scope has announced a 2-for-1 rights issue at a ~32% discount to TERP on March 2021, which could raise a minimum of RM 14 million and a maximum of RM 67 million upon full subscription. What's compelling is the fact that Inventec has bought all rights issue shares from the 2 major shareholders to boost its stake to ~10% (upon minimum scenario) or ~7% (upon maximum scenario). We believe this move by Inventec is truly a win-win situation for investors, as it signals a deeper commitment into Scope as both a long-term business partner and also customer, abating some of the concentration risk of Inventec, having accounted for ~40% of its FY2020 revenue. Despite the rights issue being dilutive to investors, we believe the potential profit stemming from its new incoming capacity will be highly value accretive to investors in the coming years.

4. Looking at its growth trajectory going forward, we estimate Scope to deliver a minimum of ~RM 100 million in revenue and ~RM 10 million in net profit for FY2022, implying an undemanding forward PE of 30x, which we opine to be grossly undervalued and believe it is worth at least 50 sen/share in the near term, and RM 1/share in the long term as earnings visibility kicks in.

Ngcheekeong336
how ageson boss siphon out money ..last year he converted 1st batch icps ......and on 21st august 2020 ageson berhad transfer rm 13 million to ageson bim sdn bhd and on same day ageson paid to intellikonnect(m) sdn berhad rm2milllion transaction ref no 202008210073904342 and rm 3.5m transaction refer no 202008210073904446 and rm 3 m transaction no 202008210073904373 and rm4409866.67 transaction ref no 202008210073904509 ....
06/07/2021 10:39 PM

Ngcheekeong336
on 27th august 2020 ageson berhad again paid to ageson land sdn bhd rm 11.5m then ageson land paid to permata global(borneo) sdn bhd rm 3.5m. transaction refer no 202008270074264433 and rm 2 m to onelogic sdn bhd transaction ref no 202008250074060109 and rm2 m to permata global again transaction no 20200825007438970 and again rm 2m to permata global transaction refer no 202008250074039090 and again to permata rm2 m transaction refer no 202008270074038849 and paid to blitz tower ventures sdn bhd rm 3 m transaction refer no 202008270074267776
06/07/2021 10:53 PM

Ngcheekeong336
the boss will take out the money say rm 27.5m and converted icps again ..at the same time he also use the converted ageson share to charge to investment bank to finance money put in his pocket ... he repeat this in few round final converted almost 800million ageson share at rm 0.145 value rm 120 milllion
06/07/2021 10:59 PM

Ngcheekeong336
how i know ...i am one of ageson senoir management staff

Scope OR is listed for 5 days only and will be traded for 5 days, after that it won't be traded anymore. Those who still want to own it will have to subscribe by paying 17.5sen per share or let go with zero shares owned. Those unsubscribed OR shares considered as excess will be given to those who have applied to subscribe in addition to thier original entitlement.

thteoh58
thteoh58
May 26, 2021, 04:12•
712
Resilient Support – Something Big Must Be Brewing!


For seasoned investors or traders, “consolidation period” is definitely not a stranger to them. But for new investors, consolidation means the movement of share price being consistent in trading in a tight range, for example:





As you can see, the share price for AGESON BERHAD (“AGES”) is trading in a very tight range of 12.0 cents to 14.0 cents. What exactly is brewing behind the share price of the company?


Our observation on the recent announcement by the company had only resulted in an interesting finding, which would be the potential rights issue of ICULS for the company.


Irredeemable Convertible Unsecured Loan Stocks (“ICULS”) is an interesting convertible derivative used by corporate figures to raise fund. Based on my personal experience, ICULS is MUCH BETTER than conventional method of fund-raising activities, such as bank borrowings, rights issue of common share, bond issuance or even sukuk issuance. The reason being that is because of the seniority of ICULS. Technically, ICULS would ultimately rank the last when it comes to the liquidation of a company – but of course for AGES, it seems like we had no chance to even talk about potential liquidation, given the stellar performance by the company.


Before the proceed further, these are some of the benefits of ICULS fund raising:


No interest bearings.

No repayment commitment.

No fixed dividend payment.

No ranking seniority which erodes shareholder’s right.

No immediate dilution in share price.

Increased interest in company.

Increased liquidity upon conversion.

Raised fund before any dilution.


My personal experience on any potential ICPS, RCPS or ICULS issuance is that would result in a driving interest in share price. Company such as NOVA, NIHSIN, SUNWAY, ARBB or even the recent BIOHLDG had shown a upward in share price once the issuance date has been fixed.


Therefore, it is very suspicious to me as to where AGES’s share price has been consolidating since August last year. This looks like a common consolidation phase, in which any breakout in price would immediately form a new powerful uptrend. Is there a risk for AGES’s consolidation phase to break downwards? Yes – but even after the announcement of MCO 3.0 and the latest quarterly result (Great results usually triggers sell on news), the share price of the company remains strong and steady, and well supported above 12.0 cents.


I believe some banker (庄家) is collecting the share, and once the ICULS had a fixed date, AGES’s share price would thrive. Several technical indicators such as OBV, MACD or even RSI is showing a neutral to slight positive signal despite the consolidation. Hence, something big might happen soon on AGES!


Tags: $AGES(7145.MY) ,$AGES-PR(7145PR.MY) ,$AGES-PA(7145PA.MY)

https://www.investingnote.com/stocks/BURSA:7145#/all

https://klse.i3investor.com/blogs/sss/2021-05-06-story-h1564316412-Your_Next_TOCEAN_7218_That_Is_Waiting_To_LIMIT_UP.jsp

Your Next TOCEAN (7218) That Is Waiting To LIMIT UP!!
Author: swimwithsharkss | Publish date: Thu, 6 May 2021, 12:47 PM

After the acquisition for 40% shares of Enfrasys Consulting Sdn Bhd, we had seen TOCEAN experienced multiple limit ups despite the fundamentals of the company is worrying. I believe the underlying reason behind the rally is – the cloud and AI growth story.

So, I thought it would be interesting to give a piece of my mind to articulate a write up for this company that is investing into a Malaysia unicorn in IoT & AI business but was not appreciated or understood by the mass public yet.

Yesterday, AGESON BERHAD (“AGES”) had announced to be looking at investing into this potential unicorn in Malaysia – Bluewave Corner, a company that could potentially reach 1 Billion MYR in 3 years’ time! It was also important to note that Kotak Global Sdn Bhd (“Kotak Global”), which is a huge retail-tech company that is going to sign a MOA with Universiti Islam Antarabangsa (“UIA”) to supply them with SMARTKOTAK AI & Machines Learning Kiosks.

We also know that Kotak Global and its respective founders held 20% shares in Bluewave Corner. Guess who will be the supplier of the learning kiosks?

It would be Bluewave Corner, who had utilized the IoT ecosystem and automation to deploy cost-effective smart vending machines.

Moving forward, if AGES with its solid fundamentals that provides had thrived in the construction business despite the challenges of COVID-19 could acquire stakes in Bluewave Corner, the growth will be huge, or even juicy per say.

The management of the company also expects Bluewave Corner to achieve up to 200 Million MYR in revenue and will be going for IPO within 3 years – with AGES holding 19% of it. Imagine the spin-off value effect on AGES upon listing!

And for now, AGES – which is only trading at 0.130 per share is ridiculously cheap price and easy to limit up ANYTIME!

Go and collect some before it rallies crazily like TOCEAN before the market reazlied!

https://www.malaysiakini.com/announcement/573423


Ageson eyeing to invest in a potential Unicorn Company in Malaysia

Published 5 May 2021, 12:10 pm

Bursa Malaysia Main-Market listed construction company, Ageson Berhad (“Ageson” or “Company” or “Group”) is investing in a potential Unicorn business that involves in AI & Machines Learning Kiosks in the country.

Ageson Berhad Executive Director, Dato’ Sri Larry Liew Kok Leong, said, “We’re excited with our upcoming investment into the company that has the potential to be the first Unicorn company in Malaysia that involves in AI & Machines Learning Kiosks business with a value of not less than RM1 billion within three years, where Kotak Global Sdn Bhd and its founder own 20% of the potential Unicorn company.”

The business will be operated by Bluewave Corner Sdn Bhd, a homegrown technology-based startup company that is a pioneer in the AI & Machines Learning Kiosks business.

Bluewave Corner has harnessed the Internet-of-Things (IoT) ecosystem and automation to deploy cost-effective smart vending machines. The company has developed a platform that will disrupt the retail businesses as it bridges the online-to-offline (O2O) model where customers could easily click on the products that they want and collect them using the omnichannel approach and manless shops are the potential business solution in the new norm.

Currently, Kotak Global is finalising the memorandum of agreement (MOA) with Universiti Islam Antarabangsa (UIA) and other universities in Malaysia, which will enable the company to launch SMARTKOTAK AI & Machines Learning Kiosks into the campuses in Malaysia. This will be the first unmanned digital kiosk in the Institusi Pengajian Tinggi Awam (IPTA).

Bluewave Corner solutions will provide consumers with convenient options to purchase products at a great value, automate the sales via intelligent and high performing neural network and offer value-added services within its ecosystem and creating more revenue streams.

Ageson Berhad Executive Director, Dato’ Sri Chin Kok Foong, said, “With AI & Machines Learning Kiosks solution, we are able to venture into an innovative retail businesses to create positive social impact in the society. It helps to solve socio-economic and environmental problems through creating a green industry and driving social good and kindness.”

“Bluewave Corner designed solutions to disrupt the retail business and tap on the rising trend of e-commerce where consumers could easily tap on their smart devices and realised of manless shops. The AI & Machines Leaning Kiosks will enable easy access for these customers to obtain the products they acquire online. Aside from that, the IoT ecosystem and automation that was harnessed by our homegrown tech startup gives me the confidence to put our money into it,” Dato Sri Chin added.

According to him, the Group is expected to provide an attractive return of investment to Ageson’s shareholders as it will hold not less than 19% of the Unicorn company ordinary shares upon the expected initial public offering (IPO) within three years.

The estimated revenue for potential Unicorn company that involves in the AI & Machines Learning Kiosks businesses is expected to be around RM200 million in the next three years.

Aside from the potential investment return in the company, Ageson is also expected to receive an order in supplying AI & Machines Learning Kiosks to support the business, with an order value of about RM225 million.

this sand mining anything related to Ageson?


https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/7%E6%9C%88%E5%8A%A8%E5%B7%A5%C2%B74%E5%85%AC%E5%8F%B8%E5%90%88%E4%BD%9C-%E9%9C%B9%E9%87%87%E6%B2%B3%E6%B2%99%E6%96%99%E5%B9%B4%E6%94%B62%E4%BA%BF

Joshlee8

I do share the same thoughts,, this forum been colonized by this few people who keep spamming with all sorts of comments only they themselves can understand what they are referring to and what they are arguing about, and has been like that for weeks if not months.

Everytime when I come to this page to try to read and understand more about this share, I only get disappointment without any fruitful results, as the whole forum is only filled with this few people's comments and arguments.

Hope they will stop doing this soon to allow others to share something relevant to this share counter.

ma hou pao

https://www.klsescreener.com/v2/news/view/782355

Undervalue stock obviously. Low PE probably mean the market has not responded well with this stock or not very confident with this company's future prospect, and not many people notice this stock yet, lack of public writings, lack of coverage by Analysts due to the size of this company market cap which is relatively small. Give them a bit of time, half a year to one year and let them perform more in another two or three quarters, delivering obvious growing results, then the price eventually will reflect

Two rounds of limit up will be good, 30 sen per round.. Dream come true

Newuser777 after this round it will go down and hover around 0.095-0.115 for next 1 or 2 quarters
05/01/2021 11:29 AM

Newuser777 when you comment this way, do you have any basis or reasoning? If you have please share yours, otherwise it will be pure speculation and a bad curse from you which at the end you yourself will get backfire

https://www.nst.com.my/property/2020/11/638158/ageson-launch-rm178-million-prins-bay-project-batu-ferringhi#:~:text=Ageson%20Bhd%20will%20launch%20Prins,development%20value%20is%20RM178%20million.

Fund managers will not want to touch this counter for sure due to the character of the leader who only takes care of his own pocket. Hope someday someone or suddenly some syndicates to goreng this counter and boost the volume up.

@Newuser777 It is okay . sure not a problem. Anyway May I know more about this company from you, I am sure you know some if not a lot, can you?


Newuser777 in fact i dont even think this is a good pick for mid/long term investors, only suitable for amateur value investors / gamblers who just invest based on what they prefer to believe, or the real value investors who made effort to visit their sites and offices, communicated with the board of director, have enough resources and connections to investigate the company's condition in and out instead of making judgement from what the company published to the public.

@Newuser777 would you mind to share some insight for real value investors, for what you know about this company? Thanks in advance

Newuser777 in fact i dont even think this is a good pick for mid/long term investors, only suitable for amateur value investors / gamblers who just invest based on what they prefer to believe, or the real value investors who made effort to visit their sites and offices, communicated with the board of director, have enough resources and connections to investigate the company's condition in and out instead of making judgement from what the company published to the public.

now 19sen, can shoot up another 1 sen? two index point to jump (2 times of half sen), sound very minute sen sen sen, but needs volume to push it up

Berjaya Auto Alliance Sdn Bhd take over Peugeot distributorship

@ pokdie , @casinoking , @gamblegod - Do you own or hold any RGB shares?

Just curious to know what are you guys having in mind to this RGB counter with the unusual hatred and only negative comments as if there is some vendetta scheme going on?

If you are holding their shares, why do you want to hate RGB so much instead of having positive intention towards RGB?

If you are not holding any RGB shares, why are you here to attack them and keep saying bad about RGB? It should be none of your business isn't it? Unless you have personal conflict with them thats why you throw your curse to them over here, but if that is the case I think it will be very cowardice actioin, and you don't need to do this because it will hit you back by Karma.

@tablesalt If you press strattegist button and see what he is, you will see he go everywhere to "green" - only one word that's it. Funny fella

Godstock8888 Air Asia Japan announced backrunpt today , All of you already buy in this counter pls be careful
19/11/2020 1:35 PM

Isn't it too simple minded to think that Air Asia Japan bankcrupt implies AiaAsia Malaysia will also follow suit to go bankrupt?

See, BJCorp not really affected by market sentiment, whether market up or down, BJCorp only mind his own business and Nobody else like to "Jom" together or play with him, So lonely. Now, today up half a sen even though market is down, really steady. As if he has no friend to play with or nobody "hiu" him. Have to wait one day out of the blue, then suddenly someone come to goreng a bit and see if can find good speculation chance or not then, gotta wait very very patiently.

Shines It came to this level from 20 sen, it is possible 20 sen but got to wait and wait.
17/11/2020 2:06 PM

Yes, need to wait,, should not be too long, in 6 months - BUT this is only my prediction based on what I observed with current Covid Vs Vaccine coming up.

Celaka,, today "kecut" half a sen somemore.

Current uptrend everybody else counters are busy going up but this one nobody interested, low volume, people couldn't be bothered and price go down little bit somemore..

Really have to be patient to wait, 9 to 10 months.

Let's see whether anything interesting will come, by or before 18th August 2021.

If anything come earlier, that would be sweet too.

pokdie 20 cents? haha keep waiting...
17/11/2020 10:28 AM

If you doubt, should give your reasons why instead of just comment without any reasons. For exchange of opinion to be professional and open minded and comment responsibly

Divident Policy ? Good to have as a matter of Transparency and once announced, if at all it is announced, it is a policy that will apply for many subsequent years to come supposedly, if not it cannot be called a policy, it can only be considered a ONE TiME divident at best. For the character of this sort and quite many bosses of this sort, this will never be their style to share the profit with others, they will rather take care of their own pocket first before willing to spill over a bit to share with others. Shareholders are never in their mind for calculation of giving profit. Profit are only for themselves and not meant for others. Fund managers can see this very well and this is the reason why their share is "evergreen" Low because nobody willing to trust them. Who can trust a boss with such selfish style, can earn fix income every month is a luxury already.

To share profit with you - Nah!!!!

20 sen should not be any problem, I dare not say easily but it is very achievable, Read the past chart it is always there to achieve, and most important is that, this will grow slowly and steadily. Once market fully recovered, then it is not 20 sen or anythihg near, it will not be steady anymore, it can go crazy to soar to a Ringgit or even Two. Gambling business is always not going to be vanished, moreover jackpot machines has element of entertainment and if you happens to go to any casino, the number of machines is ridiculous, and it is always having new models just like our handphone gadgets, always new features sets in as human is very innovative, alwayw got new ideas to play games because it is an important link of our life and hence new machines..will never be boring and henceforth the business will never die, will only growing and growing. Entertainment jelled with Gambling, will live forever

haha135 TP 1
16/11/2020 6:16 PM

You know what? This guy is grossly rude, arrogant, childish, non-constructive, very TRUMP and not fit to be here to comment anything, he just simply troll and instigate ill feelings, his sinful act is uncalled for. What we can do is just ignore him, disregard him and let the Admin if there is any to issue him word of caution.