“MChloe > I can completely hear all the negative statements! I buy low but guess what is lower than the negative statements? Hahaha”
Hahaha, I missed the buy low part of the recent RM0.095..as quite busy then. Before I get my $bullet, it's already gone up. Have you managed to buy at this low price? About the negative statements, partly correct due to the QR losses, low cash, etc…the bright sides are low Liabilities and settling of Bank Loan. Details:- Total Assets reduced from RM377.907 mil to RM111.086 mil, Total Liabilities reduced from RM148.977 mil to RM11.115 mil Conclusion, assets 10 times more than Liabilities, still a going concern. The only concern is Cash and bank balance of RM12k after settling the Bank loan of RM43.866 mil, as the QR cut-off was at June 2024, how did Ages survive for the last 2 months?? There is one part in the QR report I don't quite understand, someone please school me on “B4. Lose Before Taxation Is Derived After Charging/(Crediting) on Current Quarter and Current Period”; any chances of revert of impairment and is it something on other receivables NOT received on (Crediting) of RM(179.802 mil)?? If this two items are positive, it is a risk well taken, as Happy Trading and TradeAtYourOwnRisk
My Mama always told me what goes around, comes around, what goes up, must come down. Everything in the dark, must come to light and will reap what you sow.
From BNM, the stronger sector growth was recorded in the construction and manufacturing sectors, 17.3% for 2Q 2024 compare to 1Q 2024 which is 11.9%. so no worries this sector will boommm, just hoping the management can get more projects
AGES is positioned in sectors poised for growth, particularly in infrastructure and construction. With strong government support for development projects, the company stands to benefit from long-term market demand
With upcoming major projects in the pipeline, including construction contracts and infrastructure developments, This company is set to deliver consistent revenue growth, making it an attractive option for investors seeking stable returns right
The company’s ability to consistently secure new contracts and ofc will execute them effectively has earned it strong market confidence, which bodes well for its future performance and investment appeal
Ageson stock exchange company seems like a great investment right now. It has a strong track record and is well-positioned in the market. With good management and positive market trends, it looks promising for growth. Overall, it’s a solid option for investors!
While 10- to 15-year lows are not common, they do happen. During these times, don't be shy about going against the trend and investing; you could make a fortune by making a bold move or lose your shirt. I believe in Ageson and invest in an industry I've researched thoroughly. Then, be prepared to see your investment sink lower before it turns around and starts to pay off.
"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." — George Soros
Too many investors become obsessed with being right, even when the gains are small. Winning big and cutting your losses when you're wrong are more important than being right.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
gothamcrusader
8 posts
Posted by gothamcrusader > 3 weeks ago | Report Abuse
everyday i slept so well bc i ignore the mean comments hahahhahshadja