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

davors

889 posts

Posted by davors > 2021-10-27 15:11 | Report Abuse

just for record....

*********************
Mar 3, 2021 12:06 PM | *** AGES was 0.130
wait for 0.080 and below~?

Jun 14, 2021 2:40 PM | *** AGES was 0.120
wait 0.095 then 0.070...

Jul 14, 2021 12:35 PM | *** AGES was 0.090
sneakpeek, it potential to further flush out retailer by pushing down to 0.070 or lower... so be careful...

Sep 10, 2021 1:23 PM | *** AGES was 0.090
next month might touch 0.070.... be cautious ya...

Oct 26, 2021 4:22 PM | *** AGES was 0.075
end of december might reach 0.050... careful guyz...
*********************

my comments history record....
Let's see where it goes in a month or two...
Hope i am wrong if you already masuk this counter..

Good luck guys...

kangedd

457 posts

Posted by kangedd > 2021-10-27 15:35 | Report Abuse

Lol, anyone can made a bearish prediction during mco period

kangedd

457 posts

Posted by kangedd > 2021-10-27 15:40 | Report Abuse

Now with construction sector recovering, AGES is bound to move up

FlyFried

101 posts

Posted by FlyFried > 2021-10-27 15:43 | Report Abuse

Well said davors.

Still waiting for rebound which may not come.

Posted by swimwithsharkss > 2021-10-27 15:57 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3203938

Good news.. secured funding from prominent investor from what we heard :)

kangedd

457 posts

Posted by kangedd > 2021-10-27 15:58 | Report Abuse

many positive sign showing lol, which will lead to strong rebound soon

kangedd

457 posts

Posted by kangedd > 2021-10-27 15:59 | Report Abuse

Eh? good news again? another solid sign for AGES

davors

889 posts

Posted by davors > 2021-10-27 16:16 | Report Abuse

so far most impressive is Ms CUTLOST who sold at 0.09... probably bought at 0.075....
20% in a month and worry free now~

*******************************************
Posted by CUTLOST > Oct 11, 2021 9:28 AM
Thanks Ages 9cents sold

kangedd

457 posts

Posted by kangedd > 2021-10-27 16:22 | Report Abuse

Good for him, any profit is profit but I'm here for the long run

kangedd

457 posts

Posted by kangedd > 2021-10-27 16:39 | Report Abuse

@swimwithsharkss ICULS cancelled, another private placing, seems like AGES solve their internal funds issues

Posted by swimwithsharkss > 2021-10-27 16:44 | Report Abuse

@kangedd From the information I have from the IB side, it seems like they already secured one investor to take 8% of the 20%, the remaining is unknown yet.

But yes, new way to secure funding and solid looking prospects for now.

FlyFried

101 posts

Posted by FlyFried > 2021-10-27 17:04 | Report Abuse

I think I better leave too with all this goons saying so good about it.

The less they talkI think is better.

kangedd

457 posts

Posted by kangedd > 2021-10-27 17:19 | Report Abuse

Up to you, goodbye!

Sneakpeek

2,200 posts

Posted by Sneakpeek > 2021-10-27 17:21 | Report Abuse

Kah..kah..still got people put high hope in this counter..from 14c early this year to now 7c keep saying good sign good sign..

blackchicken

1,220 posts

Posted by blackchicken > 2021-10-27 19:49 | Report Abuse

China industrial profit growth accelerates in Sept despite cost pressures

Profits jumped 16.3% on-year to 738.74 billion yuan ($115.72 billion) the statistics bureau said on Wednesday, quickening from the 10.1% gain reported in August.
https://www.reuters.com/article/china-economy-industrial-profits-idUSKBN2HH03Y

blackchicken

1,220 posts

Posted by blackchicken > 2021-10-27 19:57 | Report Abuse

Home Prices Defy Gravity, Rising 19.8% in August
https://www.usnews.com/news/economy/articles/2021-10-26/home-prices-defy-gravity-rising-198-in-august

BlackWhite

1,053 posts

Posted by BlackWhite > 2021-10-28 09:03 | Report Abuse

Will they announce who took up the pp. If big gun then it will up up

BlackWhite

1,053 posts

Posted by BlackWhite > 2021-10-28 09:04 | Report Abuse

Like geely participate in proton

BlackWhite

1,053 posts

Posted by BlackWhite > 2021-10-28 09:04 | Report Abuse

Any such luck?

Posted by greatinvestor > 2021-10-28 09:08 |

Post removed.Why?

Newuser777

222 posts

Posted by Newuser777 > 2021-10-28 09:08 | Report Abuse

don't give up guys, the price may not looking good now, but as long as it holds at 0.005 and above I believe ages is still the most potential counter in bursa, strong support level at 0.005 so please keep buying more

Posted by CartoonInvesting > 2021-10-28 09:23 | Report Abuse

something very wrong.

why need to raise RM 18 m when they sold land for almost Rm 300

many other are correct that this counter is going down further

icon2021

203 posts

Posted by icon2021 > 2021-10-28 09:38 | Report Abuse

hehehe.. private placement to pay debt ... what u expect can it rise? impossible...

icon2021

203 posts

Posted by icon2021 > 2021-10-28 09:39 | Report Abuse

new support probably 0.040.. TAYOR

icon2021

203 posts

Posted by icon2021 > 2021-10-28 09:40 | Report Abuse

could they swap the funds based on The Team 1 Team 2 Theory???

Newuser777

222 posts

Posted by Newuser777 > 2021-10-28 10:10 | Report Abuse

cartooninvesting and icon2021 u guys must be from the ex management to spread fake news and create fear here, get ready to be bombarded by the new management's army in this forum

Sneakpeek

2,200 posts

Posted by Sneakpeek > 2021-10-28 10:11 | Report Abuse

Every year untung..-ve operating cash flow out..sold land RM 300m still need to do PP..

So many red flags some people still in denial because stuck too high.

240gpark

223 posts

Posted by 240gpark > 2021-10-28 10:38 | Report Abuse

Guess you never factor In covid as one of consideration. Lol...if so many red flag, what don't you complain harta air asia. So many were under challenging during covid period. Lol

240gpark

223 posts

Posted by 240gpark > 2021-10-28 12:22 | Report Abuse

*Why

Newuser777

222 posts

Posted by Newuser777 > 2021-10-28 12:46 | Report Abuse

hahaha, good comparison to airasia and harta, why dont u say ages is fundamentally as strong as maybank and higly possible for it to become top 30 counter with largest market cap in malaysia?

Target1

139 posts

Posted by Target1 > 2021-10-28 13:54 | Report Abuse

hopeless.....

Target1

139 posts

Posted by Target1 > 2021-10-28 14:00 | Report Abuse

Now the share price only 0.07 still PP ,, then the price will drop further ?????????

Posted by nimblecloud88 > 2021-10-28 14:38 | Report Abuse

https://klse.i3investor.com/blogs/HIDDENGEMLIST/2021-10-28-story-h1592919862-What_you_need_to_know_about_AGESON_s_private_placement.jsp

What you need to know about AGESON’s private placement

Investors are all eyeballing the recovery of construction sector as well as property sector, as REDHA has estimated the targeted development expenditure (DE) for Budget 2022 to be between RM60 billion and RM65 billion and may feature the roll-over of unutilised DE for 2021.

According to CGS-CIMB's research note today, what is key for Budget 2022, in REHDA's view, is a clearer implementation plan relating to the RM400 billion DE under the 12th Malaysia Plan (12MP), as the overall industry rail contractors and suppliers would be zoning down on the status of the Mass Rapid Transit (MRT3) project, which was missing from the 12MP.

"A short-term positive is, with mobility restrictions being lifted, the construction sector, including contractors with property development divisions immediately benefitting from the stabilisation of the industry's domestic supply chain in the fourth quarter of 2021 (4Q2021)," the research house said.

Based on the macro-outlook for Malaysia, construction players have an extremely good chance to thrive and increase their order book – with tender book size increasing as a whole. This would definitely bode well for deep valued counter like AGES, with low single digit PE.

Coupled with the bright prospects, AGES had announced to undergo a private placement of 20% placement shares to strengthen the balance sheet and financial strength of the company.

Aside from working capital required for existing and potential new projects from the Budget 2022, we could see that AGES is keen to free up their gearing by repaying to RHB’s loan, which would result in an interesting saving of approximately RM2.13 million over the repayment period. Do bear in mind that upon settling off the RHB loan, the company would have plenty of space for additional debt headroom.

But why private placement, instead of rights issue?

In Malaysia, investors generally do not favour removing money from their pocket to fund the company further – even if its for the good of the company. Hence, a private placement to selected and sophisticated investor could better solve the problem, especially when AGES had already secured 8% of the private placement out of the 20% total size, to strategic investor.

I would also like to highlight that something big must be brewing in AGES. They had secured a RM95.2 million residential development project in Selangor aside from their 475 acres land Perak development – which part of it will be pre-sold to China counterpart for RM279.0 million in cash. Given the cash pile that the company have now, I suspect that they are in tender for something big in the pipeline.

Moreover, the share price movement after the private placement is favouring the company future growth plans. I expert a sharp upward movement once the “hidden prospect” is announced soon.

Cheers.

kangedd

457 posts

Posted by kangedd > 2021-10-28 16:30 | Report Abuse

Ageson: To raise RM18.7m via private placement to repay borrowings. Ageson proposed to undertake a private placement of up to 20% of its issued shares to raise RM18.7m to repay borrowings. The proposed private placement will involve the issuance of up to 259.73m Ageson shares. (The Edge)

mager1144

116 posts

Posted by mager1144 > 2021-10-28 21:25 | Report Abuse

the lowest price on chart is 0.065 watch out.

Tuantee

31 posts

Posted by Tuantee > 2021-10-28 23:04 |

Post removed.Why?

Posted by unclekyyisbest > 2021-10-29 00:30 | Report Abuse

Ageson =heng ong huat !

Posted by unclekyyisbest > 2021-10-29 00:34 | Report Abuse

Ageson获9520万住宅发展项目

(吉隆坡22日讯)Ageson Bhd与Shuangling Holdings Ltd获得合约,承接雪兰莪鹅唛价值9520万令吉的住宅发展项目。

该集团今日向大马交易所报备,该项目的发展期限为2年,项目创造的盈利将按照协议的利润分成比例分配。

“很兴奋能与Shuangling合作,因为这允许集团借助其雄厚的财力来启动上述发展计划。”

“凭着Shuangling的财务承诺,我们相信这将有助于增强我们的专业知识,并且此次合作符合我们对可持续议程的目标。”

Ageson执行董事Datuk Seri Chin Kok Foong表示:“通过这项合作关系,集团能够保留现金以进行更多的发展项目或建筑项目。项目的发展融资可通过合作和销售进度付款来提供资金,避免向外部借贷,不会提高负债率。”

同时,Ageson执行董事Datuk Seri Liew Kok Leong认为,该项目将有助于在短期内提高集团的收入和整体财务表现。

该集团指出,从长远来看,这一合作将为Ageson和Shuangling创造协同机会,为未来在区域产业发展领域的合作铺路。

ase133

55 posts

Posted by ase133 > 2021-10-29 12:01 | Report Abuse

PP price? Anyone Please.

blackchicken

1,220 posts

Posted by blackchicken > 2021-10-29 12:32 | Report Abuse

However, based on an indicative price of 7.2 sen, the group is expected to raise RM18.7 million.

kangedd

457 posts

Posted by kangedd > 2021-10-29 15:53 | Report Abuse

This PP will repay parts of AGES debts, with another new contract on hand , so many good news in the air right now

Posted by unclekyyisbest > 2021-11-01 12:11 | Report Abuse

Started to bounce back ?

Posted by unclekyyisbest > 2021-11-01 12:11 | Report Abuse

Ages is getting strong

Posted by jacksparrow > 2021-11-01 23:21 | Report Abuse

tp - 50cent

240gpark

223 posts

Posted by 240gpark > 2021-11-02 09:42 | Report Abuse

@investfrog, by share price still need time , by project and fa, yes Ages getting solid.

Newuser777

222 posts

Posted by Newuser777 > 2021-11-02 12:16 | Report Abuse

wow 52 week new low, and our supporter see it as getting stronger and stronger, hahhahahaha

Posted by dfaccountgod > 2021-11-02 15:16 | Report Abuse

today up .. good sign

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