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

74,600


34 people like this.

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

fable

305 posts

Posted by fable > 2021-05-28 16:15 | Report Abuse

big thing waiting for ages investors

240gpark

223 posts

Posted by 240gpark > 2021-05-31 13:21 | Report Abuse

Nice ages, still getting green in such bad situation. Majority stock is down by sentiment. Only those fundamental and stable stock able to stand.

rapparesh

172 posts

Posted by rapparesh > 2021-06-02 16:15 | Report Abuse

sleeping week for ages? something is coming up?

Posted by Klse_faizan > 2021-06-02 16:30 | Report Abuse

Every week sleeping... better u look other counter 1st...

240gpark

223 posts

Posted by 240gpark > 2021-06-02 17:27 | Report Abuse

Just another good timing

CHLEONG888

924 posts

Posted by CHLEONG888 > 2021-06-02 17:54 | Report Abuse

really sleepy, 0.12-0.125,0.12-0.125-0.12-0.125 ......

Want2Win

2,553 posts

Posted by Want2Win > 2021-06-03 12:05 | Report Abuse

ki ki ki

Want2Win

2,553 posts

Posted by Want2Win > 2021-06-03 12:05 | Report Abuse

20 coming

Latok K

98 posts

Posted by Latok K > 2021-06-03 13:43 | Report Abuse

waa.. one year suda sideway...how long more?

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-06-03 13:46 | Report Abuse

promoter work harder la, price not moving leh

240gpark

223 posts

Posted by 240gpark > 2021-06-03 14:26 | Report Abuse

At least better than others counter. Most counter drop a lots. While ages still able to stand strong.

fable

305 posts

Posted by fable > 2021-06-03 16:16 | Report Abuse

the longer it sleeps, the stronger it will get when it breakout

GuanYinMa

167 posts

Posted by GuanYinMa > 2021-06-03 17:27 | Report Abuse

Suddenly volume jump at 4.30pm. Sleeping dragon about to wake up

Michael Kwok

6,439 posts

Posted by Michael Kwok > 2021-06-03 23:16 | Report Abuse

Dun buy rubbish.Buy KYM.Rm 10k each.Medium term 60 cents.

240gpark

223 posts

Posted by 240gpark > 2021-06-03 23:37 | Report Abuse

Hahaha, I think ages reached there faster

Posted by vincent cym > 2021-06-04 22:28 | Report Abuse

BE CAREFUL, DON'T BE CHEATED!

240gpark

223 posts

Posted by 240gpark > 2021-06-05 16:37 | Report Abuse

Hahaha, cheated as in ? Don't just comment few words without any facts . Lol

Posted by aarowsiewkh > 2021-06-05 20:33 | Report Abuse

Hhhahahah, He can't specific, cause there are noting that he can mention out

fable

305 posts

Posted by fable > 2021-06-08 14:42 | Report Abuse

this micheal is a promoter la aiyor

240gpark

223 posts

Posted by 240gpark > 2021-06-08 18:03 | Report Abuse

When the stock price come , those people face will get slap.

CHLEONG888

924 posts

Posted by CHLEONG888 > 2021-06-09 19:14 | Report Abuse

still in consolidating stage

Posted by elonmuskinvestment > 2021-06-10 00:12 |

Post removed.Why?

fable

305 posts

Posted by fable > 2021-06-10 15:02 | Report Abuse

After a throughout and in-depth study on the fundamentals of the company, we determined that AGESON BERHAD (“AGES”) deserved a better valuation, and a BUY call was recommended at 8.7x PER for CY 2021 and arrived at a TP of RM0.210 (Appx. 75% upside).

Recap
AGES’s 2021FY3Q comes in lower in revenue and net profit of RM48.8 million and RM6.2 million, respectively. Based on the quarterly report, it was noted the downfall was mainly caused by lower development activities and lower construction revenue recognition.

Challenging outlook
The construction landscape is proved to be more challenging in 2021CY with the implementation of FMCO. A crude consumption would be lower construction activities in 2021CY2H coupled with political uncertainty. In May, the general construction sector performance had contracted by 8.28%.

fable

305 posts

Posted by fable > 2021-06-10 15:03 | Report Abuse

Undermining value
Surprisingly, despite the implementation of various phases of MCO in 2020CY, the company managed to maintain its buoyancy in recording continuous profitability. As a result, the company recorded RM38.9 million in net profit after tax for 2020FYE. For 2021FY9M, the company registered a total net profit of RM23.7 million. This is inline with our 2021FYE estimation of RM32.1 million in net profit.

Healthy cashflow
With RM9.0 million in cash and minimal debt level of RM3.0 million, AGES remains as a net cash company. Our screening on 58 listed construction companies in Bursa Malaysia had only returned 9 companies with net cash composition.

Risk in trade receivables
Alongside with the increase in both top and bottom line, the trade receivables had increased from RM53.7 million in 2020FY9M to RM81.6 million in 2021FY9M, representing an increase of 52% in working capital.

Worst is over
From the tone of the management in both quarterly reports and annual report, the management continues to show confidence in managing AGES through rough waves. Based on a reasonable industry average PER of 8.7x, AGES deserved a better upside potential to RM0.210. Our mid-term TP for 2021 remains at RM0.210 and BUY recommendation was issued on today.

onionchong

430 posts

Posted by onionchong > 2021-06-10 16:57 | Report Abuse

Why the huge selling volume? What happened to this counter? Why no investor seem like believing this counter? Anything that i missed out?

andytfyap

78 posts

Posted by andytfyap > 2021-06-10 16:58 | Report Abuse

The worse is YET to be over.

The down trend price movements in the past few weeks have shattered my last hope and patient.

Further buying or averaging down is highly not advisable.

Hopefully it can prove me wrong.

And even with such strong theoretical analysis and positive comments by so called experts also can not push this counter up to the intended level as predicted, it is definitely something is going wrong somewhere.

Thus, for any future rights issue, ICULS announcements, I shall not subscribe to it as I have lost my confident in this counter.

onionchong

430 posts

Posted by onionchong > 2021-06-10 17:00 | Report Abuse

I'm going to sell this counter first thing in the morning tomorrow. Lost faith in this counter as well. Must be something brewing that we are unaware of.

Posted by Klse_faizan > 2021-06-10 17:12 | Report Abuse

That why I said trap
No movement suddenly got promoter promote this kuanter.. sure sometg not right…

andytfyap

78 posts

Posted by andytfyap > 2021-06-10 17:29 | Report Abuse

@fable, your call now

240gpark

223 posts

Posted by 240gpark > 2021-06-11 16:49 | Report Abuse

Ops... More people run. Nice, more to keep and collect

Posted by AllanTingAS > 2021-06-12 12:10 | Report Abuse

Hoping any of the 3 sands projects will be materialled. Then only the price will moving up.

Posted by nimblecloud88 > 2021-06-14 13:11 | Report Abuse

what a dump logic is this ?
No movement suddenly got promoter promote this kuanter.. sure sometg not right…

Posted by nimblecloud88 > 2021-06-14 13:13 | Report Abuse

Is like you parents say no cook for now and you no need makan the whole month.

CHLEONG888

924 posts

Posted by CHLEONG888 > 2021-06-14 14:31 | Report Abuse

watch out this hidden gem

davors

889 posts

Posted by davors > 2021-06-14 14:40 | Report Abuse

wait 0.095 then 0.070...

240gpark

223 posts

Posted by 240gpark > 2021-06-14 15:45 | Report Abuse

Let's wait and see!

rapparesh

172 posts

Posted by rapparesh > 2021-06-14 15:52 | Report Abuse

Don't think it will be below 0.10, those that are here for a long time will know how to play this stock

rapparesh

172 posts

Posted by rapparesh > 2021-06-14 15:52 | Report Abuse

Would be a bargain if u manage to get it around 0.10 range

GuanYinMa

167 posts

Posted by GuanYinMa > 2021-06-14 17:24 | Report Abuse

This counter next year RM0.30. 3x earn. Easy money

Posted by thisistheway > 2021-06-14 20:30 | Report Abuse

any idea how much they have sold the sand to China?

Posted by elonmuskinvestment > 2021-06-15 00:22 | Report Abuse

Eat sand in Ageson

240gpark

223 posts

Posted by 240gpark > 2021-06-15 17:05 | Report Abuse

Sand to the gold

651158

2,401 posts

Posted by 651158 > 2021-06-15 20:30 | Report Abuse

I just waiting Pa drown to 0.005 sen and collect more

CHLEONG888

924 posts

Posted by CHLEONG888 > 2021-06-16 07:47 | Report Abuse

accumulating, hold for 3 - 4 months ,will reap profit handsomely, hopefully

Posted by aarowsiewkh > 2021-06-16 16:46 | Report Abuse

you will be reward handsomely, AGES mother & son is a good hold

awesome20

1,198 posts

Posted by awesome20 > 2021-06-16 17:57 | Report Abuse

waiting to break 20cent

LohNewbie

66 posts

Posted by LohNewbie > 2021-06-17 09:57 | Report Abuse

https://www.malaysiakini.com/announcement/573423


Ageson eyeing to invest in a potential Unicorn Company in Malaysia

Published 5 May 2021, 12:10 pm

Bursa Malaysia Main-Market listed construction company, Ageson Berhad (“Ageson” or “Company” or “Group”) is investing in a potential Unicorn business that involves in AI & Machines Learning Kiosks in the country.

Ageson Berhad Executive Director, Dato’ Sri Larry Liew Kok Leong, said, “We’re excited with our upcoming investment into the company that has the potential to be the first Unicorn company in Malaysia that involves in AI & Machines Learning Kiosks business with a value of not less than RM1 billion within three years, where Kotak Global Sdn Bhd and its founder own 20% of the potential Unicorn company.”

The business will be operated by Bluewave Corner Sdn Bhd, a homegrown technology-based startup company that is a pioneer in the AI & Machines Learning Kiosks business.

Bluewave Corner has harnessed the Internet-of-Things (IoT) ecosystem and automation to deploy cost-effective smart vending machines. The company has developed a platform that will disrupt the retail businesses as it bridges the online-to-offline (O2O) model where customers could easily click on the products that they want and collect them using the omnichannel approach and manless shops are the potential business solution in the new norm.

Currently, Kotak Global is finalising the memorandum of agreement (MOA) with Universiti Islam Antarabangsa (UIA) and other universities in Malaysia, which will enable the company to launch SMARTKOTAK AI & Machines Learning Kiosks into the campuses in Malaysia. This will be the first unmanned digital kiosk in the Institusi Pengajian Tinggi Awam (IPTA).

Bluewave Corner solutions will provide consumers with convenient options to purchase products at a great value, automate the sales via intelligent and high performing neural network and offer value-added services within its ecosystem and creating more revenue streams.

Ageson Berhad Executive Director, Dato’ Sri Chin Kok Foong, said, “With AI & Machines Learning Kiosks solution, we are able to venture into an innovative retail businesses to create positive social impact in the society. It helps to solve socio-economic and environmental problems through creating a green industry and driving social good and kindness.”

“Bluewave Corner designed solutions to disrupt the retail business and tap on the rising trend of e-commerce where consumers could easily tap on their smart devices and realised of manless shops. The AI & Machines Leaning Kiosks will enable easy access for these customers to obtain the products they acquire online. Aside from that, the IoT ecosystem and automation that was harnessed by our homegrown tech startup gives me the confidence to put our money into it,” Dato Sri Chin added.

According to him, the Group is expected to provide an attractive return of investment to Ageson’s shareholders as it will hold not less than 19% of the Unicorn company ordinary shares upon the expected initial public offering (IPO) within three years.

The estimated revenue for potential Unicorn company that involves in the AI & Machines Learning Kiosks businesses is expected to be around RM200 million in the next three years.

Aside from the potential investment return in the company, Ageson is also expected to receive an order in supplying AI & Machines Learning Kiosks to support the business, with an order value of about RM225 million.

LohNewbie

66 posts

Posted by LohNewbie > 2021-06-17 10:08 | Report Abuse

https://klse.i3investor.com/blogs/sss/2021-05-06-story-h1564316412-Your_Next_TOCEAN_7218_That_Is_Waiting_To_LIMIT_UP.jsp

Your Next TOCEAN (7218) That Is Waiting To LIMIT UP!!
Author: swimwithsharkss | Publish date: Thu, 6 May 2021, 12:47 PM

After the acquisition for 40% shares of Enfrasys Consulting Sdn Bhd, we had seen TOCEAN experienced multiple limit ups despite the fundamentals of the company is worrying. I believe the underlying reason behind the rally is – the cloud and AI growth story.

So, I thought it would be interesting to give a piece of my mind to articulate a write up for this company that is investing into a Malaysia unicorn in IoT & AI business but was not appreciated or understood by the mass public yet.

Yesterday, AGESON BERHAD (“AGES”) had announced to be looking at investing into this potential unicorn in Malaysia – Bluewave Corner, a company that could potentially reach 1 Billion MYR in 3 years’ time! It was also important to note that Kotak Global Sdn Bhd (“Kotak Global”), which is a huge retail-tech company that is going to sign a MOA with Universiti Islam Antarabangsa (“UIA”) to supply them with SMARTKOTAK AI & Machines Learning Kiosks.

We also know that Kotak Global and its respective founders held 20% shares in Bluewave Corner. Guess who will be the supplier of the learning kiosks?

It would be Bluewave Corner, who had utilized the IoT ecosystem and automation to deploy cost-effective smart vending machines.

Moving forward, if AGES with its solid fundamentals that provides had thrived in the construction business despite the challenges of COVID-19 could acquire stakes in Bluewave Corner, the growth will be huge, or even juicy per say.

The management of the company also expects Bluewave Corner to achieve up to 200 Million MYR in revenue and will be going for IPO within 3 years – with AGES holding 19% of it. Imagine the spin-off value effect on AGES upon listing!

And for now, AGES – which is only trading at 0.130 per share is ridiculously cheap price and easy to limit up ANYTIME!

Go and collect some before it rallies crazily like TOCEAN before the market reazlied!

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