Posted by 1009 > 2017-07-25 15:09 | Report Abuse

So, can collect few? Or wait again?

Posted by traderman > 2017-07-25 15:09 | Report Abuse

wait 0.7 - 0.73

Posted by 1009 > 2017-07-25 15:17 | Report Abuse

Why?
B3. Current Year Prospects

The key business segments, Agricultural and Industrial Chemical Division and Polymer Division are expecting to post commendable performance for the rest of the financial year. Despite the challenging outlook in the media industry, the management expects that the Media Division will continue to perform satisfactory.

As there remain uncertainties in the global economic situations, which may have an impact to the Group’s businesses, the Board will continue to exercise caution in managing the Group’s businesses for the remaining of the financial year. The Board will continue to explore ways to improve revenue growth while strengthening its operational and productivity efficiencies.
The Board is of the view that, barring unforeseen circumstances, the financial performance and prospects of the Group will be satisfactory in the remaining of the financial year.

Posted by greatful > 2017-07-25 15:20 | Report Abuse

@traderman, why wait? you said market will crash? Why still want to buy? You so cute.
============================
http://klse.i3investor.com/servlets/stk/0128.jsp

traderman market will crash soon.
25/07/2017 15:09

Posted by traderman > 2017-07-25 15:24 | Report Abuse

market crash and buy cheap. apa la lu ... always chase high

Posted by greatful > 2017-07-25 15:43 | Report Abuse

i thought if market crash, means the low price you buy it will go lower and lower and lower? "crash" you said. "Pull back" is different thing. Sorry to misunderstand your english

Posted by 1009 > 2017-07-25 15:46 | Report Abuse

When is 1.20????

http://kongsenger.blogspot.my/2017/06/ancom-4758-rm104_28.html?spref=fb

Posted by Cly Serena > 2017-07-25 16:19 | Report Abuse

Wait for quarter report

Posted by windcloud > 2017-07-25 19:52 | Report Abuse

Ancom major revenue portion is from Agrochemicals and Industrial/Petro-chemicals. Nylex major revenue in industrial chemicals and if not wrong half of segment sales exported to overseas. Look at Malaysia export trade statistics, Mar-May'2017 chemical and chemical products export is 20% higher than Dec-Feb'17. For petrochemical pricing, Dec-Feb and Mar-May the average price is almost close to each other or Mar-May may have slight higher price than previous quarter, please note that Dec climbed up to Feb/Mar and dropped back in Apr/May, in current, petrochemical price is about to bottom and might rebound for the next quarter. Anyway, sales volumes should be increased a lot and price is little changed as compared to last quarter. But this is encouraging that chemical products sales are being improved.

Agrochemicals are used for crop protects and fertilizing. Crop plantable areas in recent years are increasing if not wrong. Media for Malaysia MRT project also already started contributing income, whereby pending for Jakarta MRT advertising media project any good new. For logistic part, this quarter should also produce much better results than last quarter. IT part pending for Mpay JV in e-pay system for tourism segment.

In overall, think current result should perform better than last quarter. Hope correction is overall and accumulation is being done these few days. For me, I think Ancom should much more potential and room to climb higher.

Just a agak agak only.

Posted by windcloud > 2017-07-26 20:28 | Report Abuse

If coming qtr EPS is about 5.5, annualized will get 2.20, then current price is very attractive ....... but these few days price really stagnant around 0.78-0.84 area ..... how come ? sad .......

Noted from Nylex previous announcement they had lent about 14 million loan to Ancom, and think this will more likely for business expansion purpose. Hopefully, there will be dividend announcement from Nylex for dividend to Ancom (this will offset interco loan interest if any). And hopefully Ancom will also declare dividend to shareholders if Company do generate good profit for this financial year ended 31/5/2017.

Result will be out soon in coming Friday hopefully .... but price still not moved or they want to gap up 20-30 cents after results announced ?? ........ really sad ...... dunno is holding time bomb or not ..... haha .....

Posted by 1009 > 2017-07-27 01:47 | Report Abuse

So? Last call cheaper collect ma?

Posted by nekosan > 2017-07-27 06:00 | Report Abuse

avoid until. result is out

Posted by enjoyinglife > 2017-07-27 06:13 | Report Abuse

When is the qr release?

Posted by 1009 > 2017-07-27 10:37 | Report Abuse

Last Call? Cheaper collect?

Posted by windcloud > 2017-07-27 10:51 | Report Abuse

Qtr result think will be announced tomorrow evening ...

To me, business is growing not only agrochemical business volume in local and central America (overseas market) and pricing of chemical products including petrochemical products will be likely to improve in the second half provided crude oil price rebound and above 50.

So overall business should be improved including agrochemicals, petro/industrial chemicals, media and logistics. The only part worrying is investment holding segment, if this qtr don't have significant corporate expenses, then this qtr will be very good qtr results.

For technical part, I not sure, but must at least cross over 0.85 to confirm uptrend with significant big volumes coming in few days.

But buy decision is your own whether after result or before result. Let's see the results this Friday and hope will be the best result. I all agak agak view only.

Posted by nekosan > 2017-07-27 17:22 | Report Abuse

result out already ... hehe ...

Posted by 1009 > 2017-07-27 17:30 | Report Abuse

Boleh terima ma? 2moro can up or not?

Posted by Wei Chyi > 2017-07-27 17:30 | Report Abuse

quite good doesnt it?

Posted by Jon Choivo > 2017-07-27 17:33 | Report Abuse

Looks pretty good.

No complaints.

Posted by Wei Chyi > 2017-07-27 17:36 | Report Abuse

how come revenue increase so much? from ancom itself or from subsidiary?

Posted by nekosan > 2017-07-27 17:43 | Report Abuse

hello all, eps from 5 cent drop till 1 cent ... tomorrow gonna open 0.75 and close 0.7 ... erkongseng really the best ANALyse in bursa

Posted by 1009 > 2017-07-27 18:07 | Report Abuse

Only more expense higher, make net profit to lower...
But Revenue star higher, look have got good position up..
Can't every Qr have over 5 cent la.. perlahanx2 la..

Posted by windcloud > 2017-07-27 18:08 | Report Abuse

Still studying, but mainly dragged by investment holding segment losses, still dunno what kind of corporate expenses every quarter kept incurring .....

Revenue in overall improved ....

Posted by Cly Serena > 2017-07-27 18:22 | Report Abuse

Must see yearly not only quarter

Posted by windcloud > 2017-07-27 18:29 | Report Abuse

Investment holding segment - Really dragged down overall company results
Agrochemical segment - Considered good, but expect average selling price and volume will be improved
Petrochemical/Industrial Chemical - Considered good, the price do follow crude oil price, if oil price improved, selling price will tend to move up
Media - Turning profit
Logistic - Losses, but not much in overall

Major revenue from agrochemicals then petro/industrial chemicals then polymer. But this segment profits was dragged down by corporate expenses that drive down margin.

Overall, 80 cents hope should be the support if 10 cents EPF annualized with 2 cent each quarter. Hope this should be the base, in long run, Media and IT if can turn being better and petrochemical and agrochemical markets is being better (if crude oil price climb up, agro plant areas increasing which need more agrochemicals), lesser corporate expenses, prospect should still be there.

Need to digest further ..... results out earlier than expected tomorrow ... Please comment if any other view.

Posted by UMA > 2017-07-27 19:35 | Report Abuse

Erkongseng明燈效应....哈哈哈

Posted by Cly Serena > 2017-07-27 20:19 | Report Abuse

Toggle navigation
KLSE Screener KLSE Screener
Ancom continues turnaround in 4Q with RM3.89m net profit
TheEdge Thu, Jul 27, 2017 - 48 minutes ago


KUALA LUMPUR (July 27): Ancom Bhd continued its financial turnaround with a net profit of RM3.89 million in its fourth quarter ended May 31, 2017 (4QFY17), compared with a net loss of RM5.19 million in 4QFY16, due to higher revenue from its agricultural and industrial chemicals sector and media segment.

Quarterly revenue was up 28.23% at RM477.48 million, compared with RM372.35 million previously, the group said in a filing with the stock exchange today.

The agricultural and industrial chemicals segment’s revenue contribution almost doubled to RM400 million, on improved average selling prices and higher volume sold.

Meanwhile, its media division recorded a segmental profit of RM1.9 million, compared with a loss of RM7.1 million a year ago, on higher revenue and lower operating costs.

The logistics and polymer divisions also reported higher segmental profits.

However, the group’s investment holdings business reported a higher segmental loss of RM11.6 million, due to corporate expenses incurred in the investment holding company.

For the full FY17, Ancom posted a net profit of RM17.16 million, compared with a net loss of RM6.99 million a year ago, as revenue climbed 12.6% to RM1.7 billion, from RM1.51 billion.

Going forward, Ancom raised concerns on the sustainability of global demand in its agricultural and industrial chemical, and polymer divisions, despite better results posted from both segments throughout the year.

The pace of recovery has been slower than expected,” the group said.

However, the media segment had shown resilience and is expected to continue performing satisfactorily, Ancom said.

Shares in Ancom closed up 1 sen or 1.26% at 80.5 sen today, with 1.84 million shares traded. The group has a market capitalisation of RM176.26 million.

Posted by WISEMAN99 > 2017-07-27 20:56 | Report Abuse

2morow gap up

Posted by windcloud > 2017-07-27 22:10 | Report Abuse

The corporate expenses really drive down the overall company performance, investment holding segment losses if not wrong is triple of last comparative year. Really no clue on this expenses, not sure whether this is related to corporate restructuring expenses or not.

If this is the one-off expenses, then Company coming quarter performance will be back.

Posted by nekosan > 2017-07-27 22:56 | Report Abuse

ask erkongseng master

Posted by YLR33 > 2017-07-27 23:08 | Report Abuse

ya master erkongseng recommend melati at 1 , tekseng also, look price now

Posted by kwang2209 > 2017-07-27 23:10 | Report Abuse

Driving Master

Posted by pingdan > 2017-07-28 09:05 | Report Abuse

my opinion: not the best result but
1) All segment have been turn into profit. This send a good signal that the management is in the restructuring plan.(I mean quarter by quarter)
2) Included 2.5mil of provision of inventories and provision of. If this included the result will be near to 3sen.

Posted by pingdan > 2017-07-28 09:06 | Report Abuse

PE ratio at 10 now. Next 2 quarter result still can further drag down the PE ratio as last year next 2 quarter result is bad

Posted by kenari82 > 2017-07-28 09:08 | Report Abuse

today will fly high

Posted by pingdan > 2017-07-28 09:08 | Report Abuse

Also, this quarter result send us a signal that the company will continue making profit for the rest of the quarter.

Posted by paktua73 > 2017-07-28 09:49 |

Post removed.Why?

Posted by nekosan > 2017-07-28 10:00 | Report Abuse

i thought good result ? how come red ???

Posted by windcloud > 2017-07-28 11:03 | Report Abuse

Selling pressure still there ..... Only once retailer selling pressure cool down, then will return upward ....

Few points might consider:
- Corporate restructuring for Ancom Logistic with Redberry if not wrong, this will improve Ancom Logistic profit results
- Once corporate restructuring done, expenses for corporate restructuring will be significantly reduced
- Media project for Jakarta think if bid successfully, this will bring Ancom Logistic financial performance into black, overall will good to Ancom
- Upward in crude oil price will bring chemical products selling price upward
- Director close relationship with tourism minister and as chairman of Tourism Malaysia and this may bring successful for Mpay JV project
- Election coming may boost Ancom shares

Posted by 1009 > 2017-07-28 11:04 | Report Abuse

Mudah mahu big up punya style.. why so fast sold out?

Posted by plim123 > 2017-07-28 11:26 | Report Abuse

Today will. Up to 1.20..

Posted by tecpower > 2017-07-28 11:57 | Report Abuse

Malaysia’s economy in 2016 expands 6.3 per cent on GDP | http://www.klsescreener.com/v2/news/view/260953

Posted by windcloud > 2017-07-28 13:05 | Report Abuse

Noted thks.

I had found one interesting that petroleum refined and petrochemical products do have some co-relationship with crude oil price. If crude oil price increased, the petrochemical price will be improved. Besides, when you looked at Company 2013 results, think that time Petrochemical price is good even crude oil price and chemical price at toppish area, but that time Company making losses. But now even crude oil price is lower, petrochemical price also show a positive margin of about 2%. If crude oil price climbed up, expecting petrochemical price will have better margin may around 2%-3%. It may even better than 2013 since margin even better.

Don't know how to explain, but I mean for future prospects, those petrochemical and petroleum refined products will have better margin when crude oil price climbed up, and this is totally different to past history.

Posted by windcloud > 2017-07-28 13:06 | Report Abuse

margin mean NP margin, just agak agak only.

Posted by gyt5792 > 2017-07-29 14:06 | Report Abuse

buy new company?

Posted by UMA > 2017-07-29 18:03 | Report Abuse

Ancom现在的价格是买入时机，下一季度财报应刻好过这一季，如果以现在pe10乘eps8分=Rm0.8...估計每一季eps最少2分又或者以上，所以现在的价格是值得买入，因為接下來有LRT廣告和電子商務主題供献，还有大选主题，以目前的rm0.79是很值的买入,因為股价以经调整了，是时候分批买入了....

之前余光成在rm1.02-1.04叫买入，完全是追高。。

Posted by UMA > 2017-07-29 18:20 | Report Abuse

Ancom的股友之前住套房的，现在可以avg了....

Posted by UMA > 2017-07-29 18:31 | Report Abuse

Ancom的电子商务在星期五正式和mpay合作了……

Posted by cchng2 > 2017-07-29 22:35 | Report Abuse

yes. good chance to topup again..

Posted by 1009 > 2017-07-30 17:51 | Report Abuse

Real?? Top up top up !!!