AGESON BERHAD

KLSE (MYR): AGES (7145)

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Last Price

0.08

Today's Change

0.00 (0.00%)

Day's Change

0.08 - 0.085

Trading Volume

171,600


34 people like this.

15,219 comment(s). Last comment by PhonkEnjoyer123 1 week ago

Winner8

92 posts

Posted by Winner8 > 2020-12-17 01:43 | Report Abuse

2moro at least 0.15

DreamMarauder

1,094 posts

Posted by DreamMarauder > 2020-12-17 01:54 | Report Abuse

Up 0.5 sen

DreamMarauder

1,094 posts

Posted by DreamMarauder > 2020-12-17 01:54 | Report Abuse

Up 3.85%

DreamMarauder

1,094 posts

Posted by DreamMarauder > 2020-12-17 01:54 | Report Abuse

Okay also la

DreamMarauder

1,094 posts

Posted by DreamMarauder > 2020-12-17 01:54 | Report Abuse

Boleh juga la

DreamMarauder

1,094 posts

Posted by DreamMarauder > 2020-12-17 01:54 | Report Abuse

Very good

DreamMarauder

1,094 posts

Posted by DreamMarauder > 2020-12-17 01:55 | Report Abuse

Well done

DreamMarauder

1,094 posts

Posted by DreamMarauder > 2020-12-17 01:55 | Report Abuse

Congratulations

DreamMarauder

1,094 posts

Posted by DreamMarauder > 2020-12-17 01:55 | Report Abuse

Keep surging

DreamMarauder

1,094 posts

Posted by DreamMarauder > 2020-12-17 01:55 | Report Abuse

Good luck

Posted by Anonymous12567 > 2020-12-17 09:25 | Report Abuse

Operator lupa makan breakfast no strength tengok lunch hopefully jangan makan pasir.

Posted by Anonymous12567 > 2020-12-17 09:57 | Report Abuse

Nampak sudah lah makan pasir today lunch.

Sneakpeek

2,200 posts

Posted by Sneakpeek > 2020-12-17 10:04 | Report Abuse

Today close 14c tomorrow up 44c huat ah!

hcthey

318 posts

Posted by hcthey > 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.

Newuser777

222 posts

Posted by Newuser777 > 2020-12-17 18:40 | Report Abuse

(8) It is a hidden Gem with low selling price, everybody is affordable to buy and keep.

if everybody afford to buy then die lo, so many pretending to be experts here and analyse like they really know how the market works. kesian those who believed those analysis

BLee

886 posts

Posted by BLee > 2020-12-17 18:45 | Report Abuse

@hcthey, a very good write-up from you, cheers. You might missed AGESON circular on their sand businesses; a very details plan.
Source: klse screener under AGESON

I am attracted to their business plan; therefore added more investment and help to share this counter potential. Below are salient points of the circular which more gear towards trading at the moment (very low risk).

"As this juncture, our Board intends for our Group to focus on the trading and export of sand while the mining activity would be subcontracted to our Group’s business partners who hold the relevant mining license and/or mining contractors. As such, our Group would not be directly be involved in the mining and transportation of sand to our customers. Hence, we would not be required to incur any capital expenditures for our Sand Business"

"Customers for Sand Business
In order to pursue the Sand Business, our Group had secured non-binding letters of intent and award to supply sand to overseas customers in bulk through Ageson Enterprise which were announced at the relevant dates and summarised below:
(i) a letter of intent from Boyijun Resources (HK) Limited on 22 April 2020 to purchase sea sand in bulk, with an indicative contract value of approximately USD26.6 million*1 (equivalent to approximately RM110.6 million) for a period of up to December 2021 with an option for extension;
(ii) an award from Guangzhou Kaishengda Industrial Co. Ltd on 4 May 2020 for the purchase of river sand and sea sand with a contract value of approximately RMB44.8 billion*2 (equivalent to approximately RM27.4 billion) for a period of 15 years;
(iii) a letter of intent from Techpack Solutions Co. Ltd on 27 July 2020 for the supply of silica sand , with an indicative contract value of up to USD79.5 million*3 (equivalent to approximately RM330.7 million) for a period of 5 years; and
(iv) a non-binding term sheet with Navis Marinus Private Limited on 17 April 2020 to set up a joint venture company to undertake the supply and delivery of sand from Philippines to JTC Corporation in Singapore for a contract value of SGD107.64 million*4 (equivalent to approximately RM328.6 million)."

Happy Trading

Snowthief

211 posts

Posted by Snowthief > 2020-12-17 20:01 | Report Abuse

Right, our salary is the pasir from the river. Unlimited.

Pcmont123

296 posts

Posted by Pcmont123 > 2020-12-17 20:04 | Report Abuse

Master 风水讲我等到花也谢了

Newuser777

222 posts

Posted by Newuser777 > 2020-12-17 21:46 | Report Abuse

@yappitkian
if it's hired by the director then probably still got hope on this counter, most dangerous is like what's happening now, all retailers who see themselves as value investing experts are holding majority of the floating share. just check back the previous comments and see how active is this forum for a stagnant or downtrend counter

BLee

886 posts

Posted by BLee > 2020-12-17 23:12 | Report Abuse

@Newuser777, stagnant or downtrend counter? Stagnant maybe yes. Most of us bought at stagnant price which is around AGES-PA conversion price. There are more than half a billion converted over a billion AGES shares now, 50% of total at current price. What can be wrong? This could be the bottom of a pendulum swing??
I am writing bcos got lots of free time to kill during this CMCO/RMCO period; under my own influence and trying to make extra $$..Happy Trading.

SolidGold

113 posts

Posted by SolidGold > 2020-12-18 09:11 | Report Abuse

Those that bought would obviously want to go higher. One of them is me.
Those that sold of course want to buy lower. They would degrade the counter and hope selling pressure to come.
Happy trading.

Sneakpeek

2,200 posts

Posted by Sneakpeek > 2020-12-18 10:25 | Report Abuse

Don't care la up down as long not below my entry price.. wait slowly until 0.50 next year yahoooo..

hcthey

318 posts

Posted by hcthey > 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.

buzzoff

99 posts

Posted by buzzoff > 2020-12-18 14:36 | Report Abuse

happy trading guys, good luck to all the believers

Posted by CapitalgainInvestor > 2020-12-18 16:34 | Report Abuse

Lol the only buying point of this company is the sand business la. Anyway, there is news stating the Penang government and many more are objecting Kedah from proceeding with the mining as it will disrupt the water quality. I am not sure how will this affect the contract of Ageson in Kedah. Secondly, the annual report and their websites look suspicious, I am not sure anyone of you noticed it. There are not many details or even photos of the property projects in the annual report like other property counters.
The ICPS issue is one more concern to hesitate people to invest in this company too.

Power168

165 posts

Posted by Power168 > 2020-12-18 17:13 | Report Abuse

jingle bell jingle bell jingle all the way
santa claus is coming to town...huat ahh

Newuser777

222 posts

Posted by Newuser777 > 2020-12-18 17:23 | Report Abuse

hahaha, the expert value investors here only look at the numbers they publicised la, in AGES they trust, as in 100% trust on the news and reports and make judgement by using calculators, not logical thinking.

happy to see the price shoot up again today and looking forward to see the experts here giving their 'professional' analysis again and codemning how short sighted are those people who dont agree with with their view. :)

frankml

135 posts

Posted by frankml > 2020-12-18 17:48 | Report Abuse

How’s the MACD and RSI for Ages?

icst1975

172 posts

Posted by icst1975 > 2020-12-18 18:08 | Report Abuse

One main source of sands for export would likely be MESSB of Sabah.

"Government issues 11 APs for river sand exports
Lai Ying Yi/theedgemarkets.com June 26, 2020

Ageson formed a 70-30 joint venture with Bintang Dayang Sdn Bhd (BDSB), which has sand operation business partners, namely Tagas Juta Sdn Bhd (TJSB) and Malayan Energistik Solutions Sdn Bhd (MESSB).

TJSB is a holder of a sand concession licence from Sabah with validity until December 2021. It undertakes sand dredging activities from the river at Sungai Labuk, Beluran in Sabah for sand export to China, Hong Kong, Macau and Taiwan.

As for MESSB, it had received the special approval from the Chief Minister's Department of Sabah to allow for annual export of 10 million cubic metres of sand in three years, even without an AP from the federal government, if the sand is exported to Hong Kong, China, Taiwan and Macau."

For more details, please read from following link.

https://www.theedgemarkets.com/article/government-issues-11-aps-river-sand-exports

Sneakpeek

2,200 posts

Posted by Sneakpeek > 2020-12-18 18:09 | Report Abuse

OK next week can start tikam TP

icst1975

172 posts

Posted by icst1975 > 2020-12-18 18:30 | Report Abuse

AGES can also source require sands from other countries by forming JV's.
https://www.worldatlas.com/articles/top-20-sand-exporting-countries.html

Posted by salomantol666 > 2020-12-18 18:43 | Report Abuse

@sneakpeek start monday tikam TP

Posted by invisibleghost > 2020-12-18 18:58 | Report Abuse

So fast tikam TP? Just about to fly only right ?

Snowthief

211 posts

Posted by Snowthief > 2020-12-18 19:06 | Report Abuse

Free Christmas present full of sand today.
Merry Christmas all and Happy New Year.
AGES can be better, we can better.

Orson Chin

2,079 posts

Posted by Orson Chin > 2020-12-18 19:31 | Report Abuse

so.... ageson got AP or not ?

icst1975

172 posts

Posted by icst1975 > 2020-12-18 19:54 | Report Abuse

AGES joint venture partner BDSB (operating partners TJSB and MESSB) have AP's

Taeyeon09

212 posts

Posted by Taeyeon09 > 2020-12-18 21:31 | Report Abuse

Buy before too late

Newuser777

222 posts

Posted by Newuser777 > 2020-12-18 22:38 | Report Abuse

@salomanto I tikam 0.150 on Monday, but Tuesday 0.135

Pcmont123

296 posts

Posted by Pcmont123 > 2020-12-18 22:40 | Report Abuse

50 sen coming

Winner8

92 posts

Posted by Winner8 > 2020-12-20 02:23 | Report Abuse

Monday will up

GuanYinMa

167 posts

Posted by GuanYinMa > 2020-12-20 03:56 | Report Abuse

Are you ready for the boom? Hehe

Posted by AllanTingAS > 2020-12-20 10:07 | Report Abuse

If the volume can maintain at >50 million shares on Monday, Then there is a chance price will move up gradually. Undecided to sell or buy more and let see how it perform on coming day.

Posted by salomantol666 > 2020-12-20 17:02 | Report Abuse

@Newuser777 bro i tikam same with you :D

Fklim888

1,613 posts

Posted by Fklim888 > 2020-12-20 22:09 | Report Abuse

Wow....0.50 possible...

Sneakpeek

2,200 posts

Posted by Sneakpeek > 2020-12-21 09:17 | Report Abuse

After CONsulting my self claimed investment sifu.. i tikam closing price today 155c

hcthey

318 posts

Posted by hcthey > 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.

SolidGold

113 posts

Posted by SolidGold > 2020-12-21 10:15 | Report Abuse

Sold my 100000 bought at .135 .

Christmas comes a little earlier to me. Thanks.

Winner8

92 posts

Posted by Winner8 > 2020-12-21 10:25 | Report Abuse

0.15 very thick

Sneakpeek

2,200 posts

Posted by Sneakpeek > 2020-12-21 10:44 | Report Abuse

Not so thick now.. Go Go 15.5c

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