Posted by unclekyyisbest > 2021-09-20 11:31 | Report Abuse

https://www.theedgemarkets.com/article/bursa-malaysia-opens-lower-0

KUALA LUMPUR (Sept 20): Bursa Malaysia has extended its downward trend at the opening on Monday due to the lack of catalysts.

At 9.05 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 4.22 points or 0.27 per cent to 1,544.29 from Friday’s close of 1,548.51.

It opened 0.89 of-a-point easier at 1,547.62.

Market breadth was negative with losers surpassing gainers 263 to 154, while 306 counters were unchanged, 1,553 untraded and nine others suspended.

Turnover stood at 220.87 million units worth RM111.02 million.

Malacca Securities Sdn Bhd said the local bourse may see bargain hunting activities emerging on the back of declining daily COVID-19 confirmed cases as investors await Malaysia’s inflation rate data that will be released this Friday.

Malaysia recorded 14,954 new COVID-19 infections on Sunday, dipping below the 15,000-case mark for the first time since July 26 when the daily tally stood at 14,516 cases.

The brokerage said investors might be on the lookout for transportations and logistics stocks on the back of the upward trend of the Baltic Exchange Dry Index.

“Besides, declining number of daily COVID-19 confirmed cases may bode well for recovery theme sectors such as consumer, tourism and [ construction as well as selected building material counters.]

Posted by unclekyyisbest > 2021-09-20 11:31 | Report Abuse

Relax everyone.... Recent trend construction is on the way to recovery

Posted by StevenKhoo111 > 2021-09-20 11:47 | Report Abuse

well. said, maybe " not undervalued enough", Drop more buy more. kah kah kaha.....

Fair and honest la. Today all counter having bad start. Is market sentiment drop.

my honest speaking is the share price is getting attractive at current stage

Posted by kangedd > 2021-09-20 12:02 | Report Abuse

Recently property is having recovery signal. Next will be construction ? heehee....

Posted by z3fthology > 2021-09-20 12:10 | Report Abuse

skylimit88 they said the same when it reached 0.8 (support line)

Posted by 240gpark > 2021-09-20 12:15 | Report Abuse

@kangedd wait a little while more ba, Today not a good start for most counter

Posted by 240gpark > 2021-09-20 12:15 | Report Abuse

Hopefully later will be better ba...

Posted by skylimit88 > 2021-09-20 12:20 | Report Abuse

z3fthology ？

Posted by skylimit88 > 2021-09-20 12:28 | Report Abuse

0.80-0.75 I think still good to go and company is performance so even drop, I will pic up a little bit more. Majority construction also got impact but as long they performing and not die until every bad. I will still consider. As long performing company, I am ok to put it long term, I think you got maybulk also, Another good company too..... hahahah

Posted by z3fthology > 2021-09-20 12:35 | Report Abuse

skylimit88 i mean earlier in this forum some say 0.8 is support line when the price drop to 0.85, but yeah, other counters nosedive today but (touchwopd) not this
85

Posted by nimblecloud88 > 2021-09-20 13:11 | Report Abuse

Support during that period gua. Market now so mess. Long term stock all need time to pick up again.....

Posted by Hazmi90 > 2021-09-20 13:51 | Report Abuse

you need to factor in china evergrande make property and construction stock price drop ma!!

Posted by 858411123 > 2021-09-20 13:54 | Report Abuse

yes. market crash in hkex guys, but ages reflected earlier so 0.08 support line broken, but solid at the current price

Posted by 858411123 > 2021-09-20 13:55 | Report Abuse

look at this, so gloomy https://www.cnbc.com/2021/09/20/asia-stocks-markets-in-china-japan-south-korea-closed-for-holidays.html

Posted by Hazmi90 > 2021-09-20 13:56 | Report Abuse

ye.. but ages solid today wkwkw

Posted by deepseavalue > 2021-09-20 14:21 | Report Abuse

so far so good

Posted by Hazmi90 > 2021-09-20 14:28 | Report Abuse

releks la.. kekeke

Posted by kangedd > 2021-09-20 14:53 | Report Abuse

steady pom pipi ... just chill lar

Posted by JuliusCeasar > 2021-09-20 17:10 | Report Abuse

Qr recently good! Why it keeps on going down? So, weird. Do anyone knows what is the main reason behind it.

Posted by fable > 2021-09-20 17:39 | Report Abuse

Market was pretty bad last week, seems like the market sentiment does not think likely of the recovery of construction sector

Posted by swimwithsharkss > 2021-09-20 19:48 | Report Abuse

@JuliusCeasar Generally this stock has been undervalued for sometimes. The share price down possible caused by weak sentiment in construction / property stocks - which could see recovery in the near term :)

Posted by agespower > 2021-09-21 05:10 | Report Abuse

ESOK KASI AGES 9 CENTS!!!!!

Posted by agespower > 2021-09-21 05:12 | Report Abuse

BAD MARKET STILL SUPPORT, ESOK HENTAM 8 CENS GOGOGO

Posted by JuliusCeasar > 2021-09-21 11:37 | Report Abuse

Swimwithsharks look like the share price is good to buy now! Already touch 7 cents this morning Wow!

Posted by JuliusCeasar > 2021-09-21 11:38 | Report Abuse

Look n see first

Posted by Jason85 > 2021-09-21 13:43 | Report Abuse

7c is really Wow for Ageson.. How come people don't look at fundamental?

Posted by onionchong > 2021-09-21 13:47 | Report Abuse

I dont know why investors have no confident with this company. Apparently many people suspect something fishy is going on with this company. I lost more than 80%, cut already

Posted by 240gpark > 2021-09-21 14:18 | Report Abuse

After handover I think is not bad de and during the he spike, had took some profit from here.

After that having some issues with the ex management. After the war end , come with mco. Sigh... Not something fishy, just the timing.

Posted by LimBengHan > 2021-09-21 14:57 | Report Abuse

i just top up another 20k units for AGES, amount is not significant but this company deserve slowly accumulation..

Posted by LimBengHan > 2021-09-21 14:58 | Report Abuse

dont get swinged by share price too much, look at topglov, still good company la

Posted by kangedd > 2021-09-21 15:12 | Report Abuse

thats the market for you, ppl just want to goreng but ignore the fundamental

Posted by Sneakpeek > 2021-09-21 17:15 | Report Abuse

In what way ageson is a good company? Mind to eloberate? The price keep falling and now 50% less than early of the year and people still hanging and hope for the best?

Posted by kangedd > 2021-09-21 18:34 | Report Abuse

AGES did well even with covid affecting most sector, you can check out the recent annual report

Posted by sandy43 > 2021-09-21 18:45 | Report Abuse

If this is good company still drop to 0.07, big boss want to accumulate at low price! so I still think will drop to around 0.05, if a lot of people call buy then will continue drop drop drop

Posted by Sneakpeek > 2021-09-21 22:50 | Report Abuse

Ages good fundamentally?did well even in covid?
Did u all read all the annual report or just pick figure that looks nice to you?
Have u even wonder why a company with annual profit of 30-40mil can only command 0.08 and only attract unsuspecting ikan bilis retailer?

Posted by Sneakpeek > 2021-09-21 22:55 | Report Abuse

Read the report again. Focus on the increasing trade receivables, huge -ve C/F from operating, C/F generated from ICPS.. 99m intangible assets (really?)..then u'll get a clear picture.

Posted by swimwithsharkss > 2021-09-22 02:51 | Report Abuse

@Sneakpeek Funny comments :) Did you do peer comparison with 3 - 4 construction companies? Do you see they had increase in receivables? Even the big names register a negative cash flow, just look at EKOVEST's latest QR.

Why cannot register intangible assets? Do you know what is BIM? Do you know they have development rights which could be categorized as intangible assets? Sand deal with MBI Kedah?

Are you awake?

Posted by KYYSUPPORTER > 2021-09-22 03:09 | Report Abuse

share price still up today, buying volume in

Posted by Karwai2021 > 2021-09-22 06:59 | Report Abuse

good morning, looks promising so far

Posted by deepseavalue > 2021-09-22 07:01 | Report Abuse

morning, steady bombibi today

Posted by deepseavalue > 2021-09-22 07:01 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/09/22/stocks-steady-as-markets-calm-after-evergrande-led-slide

look at this, steady up market

Posted by Karwai2021 > 2021-09-22 07:17 | Report Abuse

yes, looking good today

Posted by 858411123 > 2021-09-22 07:18 | Report Abuse

good mornin

Posted by Newuser777 > 2021-09-22 08:53 | Report Abuse

another good day for ages to dive more again

Posted by Karwai2021 > 2021-09-22 09:02 | Report Abuse

haha.. operator pay you again?

Posted by Karwai2021 > 2021-09-22 09:04 | Report Abuse

good market come complain.. funny

Posted by 858411123 > 2021-09-22 09:11 | Report Abuse

steady price

Posted by Karwai2021 > 2021-09-22 09:21 | Report Abuse

of course steady

Posted by Newuser888 > 2021-09-22 09:27 | Report Abuse

good day for ages to regain to 0.09 =)

Posted by swimwithsharkss > 2021-09-22 09:49 | Report Abuse

Morning folks :) Market seems to be slightly better today.