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2021-01-25 14:23 | Report Abuse
the selling price has almost come to the dead end, it will stop there either for another 2 days or to have a U Turn or V Turn later, waiting patiently and see how it goes ? Balance float in the market is only 18%, 82% is held by 30 largest shareholders, I don't belief that the selling pressure comes from anyone of the 30 largest shareholders. Moreover out of the 82%, about 40% (+/-) is in the hands of Singapore Cos and singaprean shareholders. Like Pennyloo said, the counter will not be going southwards forever. don't follow the syndicate to sell your shares because they frighten the panic shareholders selling the shares to them at loss. I am personally confident that this counter will rebounces.
2021-01-25 12:39 | Report Abuse
I belief that in the past few months, many investors bought their shares in between 50cts to 1.00, many investors are trapped, for those who are selling their shares now are in big losses, I don't see any good reason for them to sell below 30 cts, unless they are hardup for money, or they are contra players or may be forced selling by their remisiers. Market drops below it NTA of 40 cts, actually this is the good opportunity for you to pick up the shares for investment. it has been dropping for nearly 10 days, could it be syndicates pressing down the price and they keep on collecting the shares quietly for their own good. It is very low price now, you should temporarily hold it and wait until you make profit then you only dispose it. currently, the company's financial position still look healthy. happy trading to all existing shareholders.
2021-01-22 15:32 | Report Abuse
this counter has kept on dropping continuously for days, when I look at the technical analysis chart, it appears to be the lowest at 29.5 cts. Its 3rd quarterly report changed from red to green, making profit of about 6000. its cash in hand amounting to about 27.5 millions. working capital is strong at 46.255 millions. About 80% of this counter is controlled by 30 largest shareholders, balance float in the market is about 20%. I do not know who is keeping on selling this counter ? its capital reserves are OK. Net asset per share is 40 cts. In my opinion, if to go in to buy at 30 cts should consider to be OK or reasonable. I have bought some at 31 cts. Hopefully it will rebounce soon. Beginning of this month 2021, the company has announced that it will go into rubber gloves manufacturing & distribution industry. good luck to all of you who are still holding the shares.
2020-12-29 14:47 | Report Abuse
Astro is controlled by 30 largest shareholhers of 87.49%, its . I balance float of 12.49 is circulating in the open market. It is a good counter with high dividend yield. I belief that the selling pressure comes from small investors. I am confident in this counter. I have bought some and never disposed it so far. I predict it will break RM1.00 before Chinese New Year. One banking researcher has recommenced investors to buy in and their target price is RM1.18.
2020-12-21 09:33 | Report Abuse
Buyers are coming in slowly to give their support at 14.5, closing between 15 to 16 may materialise at the end of the day.
2020-12-18 13:02 | Report Abuse
Yes, I agree with the opinion of Sneakpeek that when we invest in share market, the most important thing that we want is to safeguard our capital from losing money, that means the market price must not fall below our purchase price, then be patient to wait for the price to pick up slowly until one day it reaches your target price. Hopefully your dream of 50 cts will materialise by next year. If the company is doing well and is well managed by the Board, I belief that reaching of 50 cts is not a problem.
2020-12-17 16:04 | Report Abuse
I am confident in the company and will keep on buying the company's shares for the following reasons : 1. It is the cheapest counter amongst all in construction sector, it is only 13 cts which is equavalent to its IPO and PS conversion price. (2). Its NTA is about 26 cts with PER of 3.47. (3). Financial Period ended 30-6-2020 posted a record high profit of 37.53 million and its 1st quarterly report ended sept 20 posted 5.074 million. (4). Currently 2 projects are being carried out in Sri Gombak and Pahang with development value 50 million and RM100 million respectively. (5). Ageson Bhd will have another project to be carried out next year in Batu Ferringhi Penang with estimated gross development value of RM178 million, this project will keep the company to be busy for TWO to THREE years. (6). The company also signed Jointed Venture Agreement with Kedah Government to supply Silica Sand to China with value of 339 million. (7). Company has a good working capital with cash rich in hand, so that the company will ask money from existing shareholders by calling for rights issue. (8) It is a hidden Gem with low selling price, everybody is affordable to buy and keep. (9).It will be better if the company is able to declare dividend in its near future. I am buying the company' bright future and not just hope for overnight gain. The above is my personal opinion and hope that the share price will leap to its highest by the beginning of next year.
2020-12-15 15:51 | Report Abuse
Thank you Mr. icst1975 for answer given. If 13 cts is the IPO price and let say we are able to acquire to shares from the open market at 13 cts ora bit higher at 13.5 cts, it is considered to be cheap and fair price, am I right Mr. icst1975 ? the price earning ratio is as low as 3.47 and the net book value of 26 cts as at 30-9-20. it is good value to buy. what is your view on my opinion ?
2020-12-15 14:50 | Report Abuse
Anyone can tell what is the original issue price for the Preference share of the company. Thanks.
2020-12-14 13:41 | Report Abuse
Before I go into any listed counter, I will first study its financial reports, only it is a healthy company with good cash in hand then I will consider to buy a bit for investment. In my opinion, I consider Ageson is a cheap and growing company. currently the selling price is on 13.5 cts. I agree with Mr. BLee that conversion of share from ICPS to mother shares, it"s exercise price is 13 cts. If we buy today, its selling price is on 13.5cts. Moreover the company is making 7.5 cts per share for the financial Yr ended 30-6-2020, for the whole year profit, the company was making 38 million dollars. For 2019, the company only made 0.77 ct per share or the whole year profit was 3.3 million. The working capital for the company is good with positive amount of 80 million and cash in hand & bank balances are strong too, having total amount 10,472,058. (From their financial reports 20). For the 1st Quarter ended 1st Oct. 20, it has achieved profit of 5.074 million. Since Feb. 2020, the company"s earning, all the way until today is encouraging. For the above reasons, I step into this counter today and purchase some of it for investment. The above form my own opinion only. The above information are taken out from the company"s financial reports 20. Have a nice and happy trading to all who are involved with this counter.
2020-10-13 22:50 | Report Abuse
Mahsing no doubt is one of the best property counters in Bursa. I am confident in this counter and keep on holding it without selling since the day I purchased them until now. I belief that it will bring me fortune as well as wealth in short future. I am waiting for the good news to be announced soon. Hopefully the acquisition of factory is purely in relation to the Rubber hand gloves production. The company has recently received 7 big awards from Property Guru for its excellent performance in property buildings. I do not feel regret after I entered into this counter since beginning of this year.
2020-10-02 12:38 | Report Abuse
Hopefully the information given by Jinghee and his calculation of profit from manufacturing of hand gloves will come true after the acquisition of hand gloves factory at ayer tawar.
2020-09-28 15:11 | Report Abuse
Anyone who can tell me what is the issue price per share for Sukuk Murababa Islamic notes programme ?
2020-08-28 11:42 | Report Abuse
Until today, we still do not appear to see the 2nd Quarter reports out yet, I predict that the result will not be attractive., anyhow the 3rd quarter results shall be improving. Keep on holding until you receive your dividend to be ex date on 15-9-2020.
2020-08-19 12:15 | Report Abuse
hopefully the insider news will eventually come true. soon or later I am confident that it will break RM1.00. the latest by the end of sept..
2017-11-29 16:54 | Report Abuse
today the selling price is the cheapest at 1.32..this is the opportunity for you to collect this counter and keep it for medium term investment. its annual dividend is very attractive, more than 10 % each year, much better than you save your money in banks. other than EPF keeps on selling, the other 30 largest shareholders remain calm and steady, they are receiving their good dividend every 6 months. . The company is making big profit recently by selling its subsidiary. it is worthwhile to buy now or you may keep on collecting it slowly according to your financial position. I am confident
in this counter. its NTA is 1.39. you are now able to get it at 1.32 to 1.34. it is lelong .
Stock: [PNEPCB]: PNE PCB BHD
2021-01-26 11:20 | Report Abuse
I agree with greedy 44444 of his thought in relation to " naive small fish". Investment in share market needs times to get your fortune and wealth. Don't dream of overnight millionaire, unless you buy lottery ticket or TOTO to try your luck. happy trading to all my friends here, you plant mango tree, it takes time to bear fruit too.