ANCOM NYLEX BERHAD

KLSE (MYR): ANCOMNY (4758)

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Last Price

1.05

Today's Change

-0.01 (0.94%)

Day's Change

1.04 - 1.06

Trading Volume

1,234,000


5 people like this.

2,228 comment(s). Last comment by emiteno 1 week ago

Posted by Luckywhitecat > 2021-01-13 15:39 | Report Abuse

Tq Mr Calvin

Posted by PresidentRotiCanai > 2021-01-13 17:07 | Report Abuse

Today just form n break weekly cup and candle pattern, it is one of the most entry point love by investor. See u highet at 1.50 soon

Posted by ChongLeeWoon > 2021-01-13 22:24 | Report Abuse

Just wait once NIIS announce, ALB and mother ANCOM gonna up even more...

But even putting that aside, chemical theme play coming in this year. Look at CCM, LCTITAN etc.

Plus CPO all time high, good catalyst for Ancom.

KakiBursa

155 posts

Posted by KakiBursa > 2021-01-20 14:23 | Report Abuse

so quiet from this group... any news on the latest update for NIIS ?

Posted by ChongLeeWoon > 2021-01-21 13:37 | Report Abuse

Share price movement telling us something is going on! Big collector this morning non stop sapu!

KakiBursa

155 posts

Posted by KakiBursa > 2021-01-21 13:51 | Report Abuse

ya... it may break the previous high @RM1.15 anytime today

KakiBursa

155 posts

Posted by KakiBursa > 2021-01-21 15:37 | Report Abuse

hi... is the QR to be announced this week ?

JustinLong

199 posts

Posted by JustinLong > 2021-01-21 19:50 | Report Abuse

Usually they announce end of month after the quarterly board meeting, as with most PLC.

Hearsay turnaround is real, be ready for good news.

Posted by Casa1709 > 2021-01-21 20:43 | Report Abuse

What is your expect TP JustinLong

JustinLong

199 posts

Posted by JustinLong > 2021-01-22 09:42 | Report Abuse

If Q2 results is much better than Q1 then turnaround is confirmed. It should then head towards next new high of 1.50 by Q3 results release. My personal investment opinion (have to clarify becos now Bursa strict on investment opinion haha).

Results will release next week. Question is should be wait till results confirmation or take some position? Agrochem and manufacturing sector well in tact for last year MCO period. Factory operate as usual plus commodity like CPO all time high, plantation spend more on chemicals.

My 2 cents.

Posted by Casa1709 > 2021-01-22 15:07 | Report Abuse

Justinlong thank you for what yours opinion and sharing

JustinLong

199 posts

Posted by JustinLong > 2021-01-22 23:12 | Report Abuse

https://www.youtube.com/watch?v=IefV5Bs1UVI

Wow, youtuber who did video on Hextar just covered Ancom. Quite detailed, good for new investors to understand the Ancom story.

KakiBursa

155 posts

Posted by KakiBursa > 2021-01-26 09:48 | Report Abuse

It broke new height this morning RM1.18... may have LU today ?

Adam Lim

120 posts

Posted by Adam Lim > 2021-01-26 11:31 | Report Abuse

the director is buying the shares non stop since 20 jan, something big is blowing...

dasan784

124 posts

Posted by dasan784 > 2021-01-26 16:50 | Report Abuse

When sifu Calvin made a buy call, the shares were around RM0.80. His cun cun calls ensured investors received free ALB share and free ANCOM warrants. It was fantastic.
Now investors should support by buying and we should not sell for a small profit. The price will touch as what was said by Sifu Calvin earlier through his excellent research. So let's continue to support ANCOM for the benefit of all is as investors.
Tqvvm sifu Calvin.

xcu843

1,062 posts

Posted by xcu843 > 2021-01-26 17:29 | Report Abuse

Q report not bad

KakiBursa

155 posts

Posted by KakiBursa > 2021-01-26 21:06 | Report Abuse

what is the next target price... today it broke RM1.20 ?

JustinLong

199 posts

Posted by JustinLong > 2021-01-26 21:18 | Report Abuse

Congrats to holders of Ancom. This is just the start of a turnaround story and we should expect coming quarters to reflect the new profitability too.

More to come as management endeavour to drive Ancom to a RM1b market cap company.

dasan784

124 posts

Posted by dasan784 > 2021-01-27 07:37 | Report Abuse

Tq JustinLong for your positive views on ANCOM and as requested by KakiBursa ........what is your projected TP for ANCOM. Thanks

Posted by interferens > 2021-01-29 18:05 | Report Abuse

The Board of Directors of IRIS is pleased to announce that IITS has on 29 January 2021 received a Letter of Award (“LOA”) dated 29 January 2021 from KDN in relation to a project known as “Mengkaji, Mencadang, Merekabentuk, Membangun, Membekal, Menghantar, Memasang, Menguji, Mengintegrasi, Memigrasi Data dan Mentauliah Sistem Imigresen Bersepadu National Untuk Jabatan Imigresen Malaysia (“Contract” or “Project”) for a contract sum of Ringgit Malaysia One Billion One Hundred Fifty Nine Million Four Hundred Twenty Eight Thousand (RM1,159,428,000.00) (inclusive of 6% SST) only.



https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3125314

JustinLong

199 posts

Posted by JustinLong > 2021-02-01 17:25 | Report Abuse

So, IRIS has announced that it got awarded the RM1.16b NIIS project by Home Affairs Ministry.

What has this got to do with ANCOM?

1) IRIS is awarded NIIS project. As main contractor, it would need sub-contractors to complete different parts of the entire project. And the one of the largest sub-contractors would be S5. More than 50% of project value would flow to S5 (they are already experts in the IT biz relating to MyKad and Immigration etc.)

2) ALB announced the RTO of S5 last year July. But until now, the Share Sale Agreement (SSA) has not been signed. Why the delay?
- everyone is waiting for NIIS to be awarded. why?
- once NIIS awarded, then IRIS as main con can give jobs to S5
- only after securing jobs from IRIS can S5 justify the valuation that it wants (hearsay 800m+)
- only after justifying the valuation, ALB can sign SSA with S5 owners

In a nutshell, ALB will only sign SSA after S5 proves that it will secure xxx amount of the NIIS project value to justify the high valuation of S5.

So, is this good for ANCOM? Of course.

1. RTO can proceed and be completed.
2. Gain from issuing ALB shares to S5 owners at 10 sen when book value is 5 sen.
3. ALB's current biz to be consolidated under Nylex.
4. Further strengthen turnaround story and re-focusing on profitable Agrochem business.
5. Ride along with S5, minority stake to be worth RM50m++ if S5 succeeds in becoming a billion ringgit co.

No surprise which counter is the safest and surest bet among IRIS, ALB, ANCOM.

This the way I see it.

dasan784

124 posts

Posted by dasan784 > 2021-02-02 08:47 | Report Abuse

Thank you JustinLong

PassBy2

27 posts

Posted by PassBy2 > 2021-02-02 09:14 | Report Abuse

JustinLong, Thank you very much for the information.

Posted by GodBlessYou888 > 2021-02-02 09:39 | Report Abuse

A lot of sozai

Posted by ChongLeeWoon > 2021-02-02 14:15 | Report Abuse

Yup alot of sozai got richer by buying Ancom last month!!

KakiBursa

155 posts

Posted by KakiBursa > 2021-02-02 15:25 | Report Abuse

aiyo... why today lao sai so much!...

Posted by interferens > 2021-02-03 07:52 | Report Abuse

Reference is made to the announcement made on 29 January 2021 in relation to the Letter of Award issued by KDN with regards to the Project known as National Integrated Immigration System (NIISe) to the Company’s wholly owned subsidiary, Iris Information Technology Systems Sdn Bhd (“IITS”). The Board wishes to provide the background on the process upon which the Company participated in the tender, and on the award of the Project.



IITS, together with many other local and international companies, participated in an open tender process that started with the issuance of a Request for Proposal (“RFP”) by KDN on 23 May 2019.



Pursuant to the RFP, IITS submitted its proposal on 19 August 2019. Thereafter on 16 January 2020, IITS was invited to participate in the actual tender for the Project. IITS submitted its tender proposal to KDN on 4 March 2020. The Board understands that more than twenty companies participated in the tender.



The Project was awarded to IITS as the sole recipient on 29 January 2021.



The Company shall make necessary announcements as appropriate should there be any material information in accordance with ACE Market Listing Requirements.



This announcement is dated 2 February 2021.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3126098

kklim260

226 posts

Posted by kklim260 > 2021-02-03 09:42 | Report Abuse

still doesnt explain why it has to drop so much ..

KakiBursa

155 posts

Posted by KakiBursa > 2021-02-03 15:58 | Report Abuse

i think mostly sell on news ba... ?
happen to noth ALB & IRIS

Posted by ChongLeeWoon > 2021-02-03 17:24 | Report Abuse

Just announced CEO bought 160k units yesterday at 1.047.

What's more interesting is Pacific Orient bought some warrants last week Friday. In the past 10 years never see P&O invest more money into ANCOM. What suddenly put money now at RM1+ level? Perhaps the 2nd largest shareholder knows Ancom price will go up from now on.

emo

55 posts

Posted by emo > 2021-02-04 17:16 | Report Abuse

SIEW KA WEI Acquired Ancom 57,000 shares

KakiBursa

155 posts

Posted by KakiBursa > 2021-02-04 23:42 | Report Abuse

Surely it is a good positive signs to have P&O topping up their shareholding

JustinLong

199 posts

Posted by JustinLong > 2021-02-08 17:11 | Report Abuse

By Thursday CNY-eve, Ancom should test new high RM1.20 and Ancom-WB test 60sen.

Momentum still there and going strong.

PassBy2

27 posts

Posted by PassBy2 > 2021-02-11 12:17 | Report Abuse

Really RM1.20

JustinLong

199 posts

Posted by JustinLong > 2021-02-11 13:35 | Report Abuse

Touched RM1.20 today. Last call for those who want to buy below RM1.20 because after CNY, gonna breakthrough RM1.20 anytime.

Ivan89

1,479 posts

Posted by Ivan89 > 2021-02-15 11:46 | Report Abuse

ancom will break new high

kklim260

226 posts

Posted by kklim260 > 2021-02-15 14:46 | Report Abuse

today 4pm onwards

JustinLong

199 posts

Posted by JustinLong > 2021-02-15 15:22 | Report Abuse

Dataprep up 40% today

https://www.theedgemarkets.com/article/dataprep-inks-collaboration-s5-systems-tech-partenership

Dataprep is partnering S5, announced last October.

ALB (S5) and ANCOM to follow the uptrend soon?

JustinLong

199 posts

Posted by JustinLong > 2021-02-19 16:17 | Report Abuse

Just checked their segmental reporting for latest quarters.

The agrochem segment PAT for 2 quarters cumulative already RM20m+

That is equivalent to last FY's agrochem full year PAT.

With commodity prices sustaining at high prices, safe to say the agrochem unit will continue deliver excellent results for coming Q3 and Q4. Assuming the same level of profits for Q3 and Q4, agrochem unit can deliver double the PAT this FY compared to last.

Posted by ChongLeeWoon > 2021-02-22 17:44 | Report Abuse

First touched RM1.20 resistance 26Jan
Retest again 11Feb and 15Feb

Third time breakthrough RM1.20 with volume. Long time resistance and sellers at RM1.20 level all cleared. Technically Ancom is at all-time high and clear blue skies ahead!

Commodity bull run and turnaround story will continue bring this stock to new uncharted highs. Huat huat everyone!!

mita29

1,064 posts

Posted by mita29 > 2021-02-23 12:00 | Report Abuse

huat huat huat lucky to join when corrected.

Posted by SpicyMcDeluxe > 2021-02-23 15:39 | Report Abuse

kekw

Michael Kwok

6,435 posts

Posted by Michael Kwok > 2021-02-27 19:14 | Report Abuse

Wht sugar baby.I disagree with the website below.Its going to be below rm 1.Sugar going to melt.

https://klse.i3investor.com/blogs/ancom4758/2021-02-25-story-h1541264156-ANCOM_THE_NEXT_SUGAR_BABY_OF_BURSA.jsp

Posted by ChongLeeWoon > 2021-02-28 18:52 | Report Abuse

Michael Kwok, mind to share why you think Ancom will go below RM1?

Michael Kwok

6,435 posts

Posted by Michael Kwok > 2021-02-28 23:12 | Report Abuse

See the chart u understand.There so many cheap counter in Bursa.Ancom less fat but high risk.Prefer SCGM if below rm 1.80.Snap as much as u like.Will say rm 2.70 above if wait(4 months or less).

stockraider

31,556 posts

Posted by stockraider > 2021-02-28 23:27 | Report Abuse

Samchem better mah....every qtr pays dividend loh!

Posted by ChongLeeWoon > 2021-03-01 17:01 | Report Abuse

Sugar daddy MSM up, sugar baby ANCOM also follow up!!!

Posted by ChongLeeWoon > 2021-03-10 20:53 | Report Abuse

Creeping up day by day... road to RM2 and beyond!

mrsia94

46 posts

Posted by mrsia94 > 2021-03-10 23:34 | Report Abuse

Longing for a price action

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