ANCOM LOGISTICS BERHAD

KLSE (MYR): ANCOMLB (0048)

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Last Price

0.12

Today's Change

0.00 (0.00%)

Day's Change

0.12 - 0.12

Trading Volume

6,500


6 people like this.

5,137 comment(s). Last comment by jomvalueinvest2 2024-07-17 18:14

JUNGLE

226 posts

Posted by JUNGLE > 2021-07-07 17:07 | Report Abuse

@skullstock. Possible also. Judging from the volume flow today and the aggressively sell orders when prices rally. Let's see whether there is any bursa report these few days regarding silver dollars berhad disposing its stake

steven rt

191 posts

Posted by steven rt > 2021-07-07 17:25 | Report Abuse

JUNGLE, just to inquire, why can't Dato Siew wait for TRO completion and then sell. Won't he get a higher price? Why is he exiting now?

JUNGLE

226 posts

Posted by JUNGLE > 2021-07-07 17:28 | Report Abuse

@steven rt I get what you mean. I have no idea. If you look at the RTO between eco world vs focal aims holdings 7 years ago, the directors were disposing their stakes too when prices rallied.

skullstock

177 posts

Posted by skullstock > 2021-07-08 08:56 | Report Abuse

expect some shakeout today ... thanks to our politician again

happyboy

148 posts

Posted by happyboy > 2021-07-08 09:06 | Report Abuse

talking wan our economy growing but every time play wayang jus bcos of the seat. country have tis type of politician how lucky is it. thanks for our boleh land. apa pun boleh

cheah99

49 posts

Posted by cheah99 > 2021-07-08 15:37 | Report Abuse

back to the origin again

JUNGLE

226 posts

Posted by JUNGLE > 2021-07-08 15:54 | Report Abuse

Politics show again. Everyone stop panicking.

cheah99

49 posts

Posted by cheah99 > 2021-07-08 15:57 | Report Abuse

yes.. This will make the condition more worse

skullstock

177 posts

Posted by skullstock > 2021-07-12 10:07 | Report Abuse

its take time to build up on the stack of the price ... but the momentum is also needed to continue the pace... with all political instability.. everyone will afraid and withdraw from the journey ... cannot blame them because everyone risk appetite is different

happyboy

148 posts

Posted by happyboy > 2021-07-12 11:56 | Report Abuse

only can said. who can tahan who might be get the huge profit

JUNGLE

226 posts

Posted by JUNGLE > 2021-07-12 12:40 | Report Abuse

I agree

bulldog

12,157 posts

Posted by bulldog > 2021-07-14 15:10 | Report Abuse

Accumulation in progress

Huat chaiii

Posted by Investing_Bursa > 2021-07-21 11:14 | Report Abuse

Lets go ancomlb

Posted by Paktua Second > 2021-07-21 12:31 | Report Abuse

Where want to go?

Posted by Paktua Second > 2021-07-21 15:37 | Report Abuse

Go to the south perhaps. Hehe

Posted by Investing_Bursa > 2021-07-21 15:48 | Report Abuse

Both ways also can ....lol

JUNGLE

226 posts

Posted by JUNGLE > 2021-07-21 16:38 | Report Abuse

Any political news out? Why the sudden sell off?

JUNGLE

226 posts

Posted by JUNGLE > 2021-07-21 16:39 | Report Abuse

It's like one directional sell off since the afternoon re-open

Sinoboy

2,131 posts

Posted by Sinoboy > 2021-07-21 16:39 | Report Abuse

Goreng2...

ajime17

74 posts

Posted by ajime17 > 2021-07-21 17:01 | Report Abuse

not enough power to break 370. EMA200 there. No wonder. Sigh....

Sinoboy

2,131 posts

Posted by Sinoboy > 2021-07-21 21:27 | Report Abuse

Sharks eat bilis, be careful...

ajime17

74 posts

Posted by ajime17 > 2021-07-21 21:55 | Report Abuse

shark so cruel

Bullacent

92 posts

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

St u pid lim.

Posted by Investing_Bursa > 2021-07-22 10:31 | Report Abuse

Slow and steady

Posted by Investing_Bursa > 2021-07-22 17:00 | Report Abuse

Good closing !

ajime17

74 posts

Posted by ajime17 > 2021-07-22 17:02 | Report Abuse

volume not surge. only retailer. sigh

sam747

35 posts

Posted by sam747 > 2021-07-22 17:07 | Report Abuse

Hope tommorrow up

Sinoboy

2,131 posts

Posted by Sinoboy > 2021-07-22 17:45 | Report Abuse

Sharks will decide up or down...

cheah99

49 posts

Posted by cheah99 > 2021-07-29 15:51 | Report Abuse

Down again

Sinoboy

2,131 posts

Posted by Sinoboy > 2021-07-29 17:45 | Report Abuse

Bought a little, could go down more. Average down...

Posted by AllanTingAS > 2021-07-29 22:15 | Report Abuse

At least QR is good!

Posted by EricTanKK123 > 2021-07-30 10:36 | Report Abuse

yeah...hope that it will fly soon..

JUNGLE

226 posts

Posted by JUNGLE > 2021-07-30 17:41 | Report Abuse

Hold on tight guys. Now market sentiment bad. Political instability also. Ride out the storm for the rainbow.

SEE_Research

4,673 posts

Posted by SEE_Research > 2021-07-31 21:15 | Report Abuse

SEE_Research

Ancom Berhad recorded strong fourth quarter and full-year financial results for the period ended May 31, 2021.

Picture courtesy of Ancom Berhad
Ancom Berhad recorded strong fourth quarter and full-year financial results for the period ended May 31, 2021. — Picture courtesy of Ancom Berhad

KUALA LUMPUR, July 30 — Ancom Berhad recorded strong fourth quarter and full-year financial results for the period ended May 31, 2021 amid a highly challenging operating environment.

In a statement, the leading manufacturer and supplier of agricultural and industrial chemicals in South-east Asia said its 4QFY21 revenue increased 44.1 per cent year-on-year to RM445.9 million compared to RM309.4 million in the same period last year.

It said the improvement was primarily driven by the agricultural chemicals segment as higher global demand bolstered the segmental top line by 28.6 per cent to RM79.9 million.


Higher trading volume and average selling prices also boosted the revenue of the industrial chemicals arm by 52.6 per cent y-o-y to RM325.1 million, the group added.

Ancom’s profit after tax and non-controlling interest also jumped to RM7.6 million in 4QFY21 versus a loss of RM11.8 million a year ago.

For the full year, Ancom’s revenue increased marginally by 4.5 per cent y-o-y to RM1.54 billion in FY21.

Meanwhile, the Group reported full-year net profit of RM23.9 million for FY21, which Ancom Berhad Group CEO Lee Cheun Wei noted was its best full-year bottom line since 2008.

“Our agricultural chemicals division has done very well, riding on the uptrend of global demand for food. We anticipate the trend to persist with a continued strong contribution from this segment. As for the industrial chemicals segment, our trading business has performed favourably too, having benefited from higher sales volume and generally higher average selling prices,” he said.

Given the restrictions in operations imposed during MCO/EMCO in the months of June and July, we have been very vigilant to comply with regulations while continuing to serve our clients as an integral part of the food supply chain. We are cognisant of the ongoing challenges such as freight costs and supply chain disruptions due to the pandemic, and we managed to deliver commendable results thus far.”

Lee added that he anticipates the growth trajectory of the Group, particularly the agricultural chemicals division, to remain strong.

“Recently, we have begun our production of new active ingredients at our existing plants and are expecting to add a few more to our portfolio once our new plant is ready by the first half of 2022. We are optimistic and will strive to continue to deliver good and satisfactory results for our shareholders next year,” he concluded.

Related Articles Ancom says Nylex’s board has accepted RM179.3m buyout offer Source: Ancom in bid to fully acquire Nylex Ancom Bhd untung lima kali ganda, meningkat RM9.3 juta

=========================================

ANCOM

ANALYSIS ON QUARTER REPORTS
Financial Quarter Announced Profit RM ( in million ) EPS
(i) 29July 2021 7.61 / 3.19
(i) 28 April 2021 7.08. /2.98
(i) 26 Jan 2021 6.19. / 2.59
(i) 27 Oct 2020. 3.06. /1.28
=============================================================
23.94 millions / 10.04
analysis based on PER 30 x 10.04 = RM 3.00

intrinsic value = RM 3.00

========================================
SEE RESEARCH
ANCOM / 4758

TARGET PRICES
RM 2.00 per share- short term
RM 2.50 per share- mid term

SEE_Research

4,673 posts

Posted by SEE_Research > 2021-07-31 21:18 | Report Abuse

SEE_Research

NYLEX / 4944


EPS DPS NTA Revenue P/L Quarter Q Date Financial Year Announced QoQ% YoY% Report
6.36 0.000 1.7400 353.31m 11.40m 4 2021-05-31 31 May, 2021 2021-07-29 130.7% 161% View
2.76 0.000 1.6700 289.06m 4.94m 3 2021-02-28 31 May, 2021 2021-04-28 10.1% 234.5% View

ANALYSIS ON QUARTER REPORTS
Financial Quarter Announced Profit RM ( in million ) EPS
(i) 30 July 2021 11.40 / 6.36
(i) 28 April 2021 4.94 / 2.76
==================================================
EPS = 9.12

Taking on 9.12 x 2 quarters = 18.24 x PER 10
= RM 1.82 - minus 30 % ( for safety margin )
Intrinsic value = RM 1.27


SEE RESEARCH

FOR NYLEX :

TARGET PRICES

RM 1.20 short term,

RM 1.50 mid term
31/07/2021 8:42 PM

Posted by EricTanKK123 > 2021-08-03 09:35 | Report Abuse

ok, good...time to moving up now...

Sinoboy

2,131 posts

Posted by Sinoboy > 2021-08-06 11:56 | Report Abuse

Everyday drink red wine mabuk ooo :))

Sinoboy

2,131 posts

Posted by Sinoboy > 2021-08-11 12:46 | Report Abuse

Waiting at 0.25 :))

BestOne

323 posts

Posted by BestOne > 2021-08-13 10:02 | Report Abuse

Fly Ancomlb fly… all tech signs are good !

JUNGLE

226 posts

Posted by JUNGLE > 2021-08-13 13:38 | Report Abuse

When we are poor we share a pau, when we are rich we eat abalone together

Mar2083

877 posts

Posted by Mar2083 > 2021-08-13 16:41 | Report Abuse

Ancomlb hope can goreng next week
Huat ar

BestOne

323 posts

Posted by BestOne > 2021-08-13 16:46 | Report Abuse

Can start heat up now, good technical upward already!!

JUNGLE

226 posts

Posted by JUNGLE > 2021-08-13 17:02 | Report Abuse

Order flow hints some big news might be released next week.

JUNGLE

226 posts

Posted by JUNGLE > 2021-08-16 11:36 | Report Abuse

As usual, politics again! Do not panic sell!

Sinoboy

2,131 posts

Posted by Sinoboy > 2021-08-24 09:26 | Report Abuse

Buy morning, sell afternoon. Make quick money. Tks ancomlb :))

nokia8250

352 posts

Posted by nokia8250 > 2021-08-24 18:59 | Report Abuse

Still belum mati ah ?

BestOne

323 posts

Posted by BestOne > 2021-08-25 09:33 | Report Abuse

Gogogo.. time to fly up during MCO..

BestOne

323 posts

Posted by BestOne > 2021-08-26 15:39 | Report Abuse

R1 at 0.37? Yess .. all clear maa…

Posted by kuroro2020 > 2021-08-30 16:21 | Report Abuse

so much disposal?

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