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

68,700


34 people like this.

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

kangedd

457 posts

Posted by kangedd > 2021-12-06 15:51 | Report Abuse

well said, nowadays there is a lot of fear going around the market, plz remain positive if you want to stay in this market

Posted by stockbitsniper > 2021-12-07 09:10 | Report Abuse

Had the panic selling over for AGES (KLSE: 7145) ?

Malaysia’s stock market has been a wreak havoc due to several external factors such as potential delisting of China listed companies in the US market, resurgence of a new variant of virus, and risks of accelerated interest risk hiking. Although these are macroeconomic factors, but they indeed smashed the investor’s confidence to pieces.

But what about AGES?

Due to the private placement fund raising exercise by the company, AGES had experienced an outflux of weak holders for the company. Is it good, or bad? For the longer term, shaking out inexperienced investors and weak holders is good for the growth of the company, but in the shorter term, investors might be freaked out by the knee-jerk reaction on the share price.

Luckily for us investors, there are two indicators I identified, and this could be the saving grace for those who wanted to invest in the company.

Flat share price amidst global meltdowns. During a share market meltdown, usually share price would either go up, or down, especially for one that is well known as AGES, due to a change of investor’s buying and selling behaviour. But from what we see here, in the graph for AGES price movement, the share price had stayed flat, which means people are no longer selling AGES shares even though the market is bad.

Reduced trading volume. Trading volume is best represented as the interest level for a company. After a drop in the share price caused by the private placement knee-jerk aftereffect, we are clearly seeing reduced trading volume here. In lay man term, people are, once again, no longer selling the shares of AGES.

As someone who observe AGES day in and day out, I would say that AGES is a deeply undervalued stock with low single digit price-to-earnings valuation. This might just be the best chance for one to grab the shares for AGES!

Investfrog

215 posts

Posted by Investfrog > 2021-12-07 16:51 | Report Abuse

selloff over now, back to consolidating period

kangedd

457 posts

Posted by kangedd > 2021-12-08 17:02 | Report Abuse

good news for the construction sector

lenforfs

10 posts

Posted by lenforfs > 2021-12-09 18:55 | Report Abuse

nice keep the pace..

blackchicken

1,220 posts

Posted by blackchicken > 2021-12-10 17:39 | Report Abuse

Nomura forecasts Malaysia’s 2022 GDP growth at 7%, above general consensus of 5.8% https://www.theedgemarkets.com/article/nomura-forecasts-malaysias-2022-gdp-growth-7-above-general-consensus-58

Investfrog

215 posts

Posted by Investfrog > 2021-12-11 09:38 | Report Abuse

Seems like our brother not following up the status therefore eating sand now.

stockraider

31,556 posts

Posted by stockraider > 2021-12-11 09:49 | Report Abuse

Konman stock under fintec avoid lah!

kangedd

457 posts

Posted by kangedd > 2021-12-11 09:52 | Report Abuse

Fintec ? Errr... Are you ok ? Want spam counter, find the correct counter to spam. lol

stockraider

31,556 posts

Posted by stockraider > 2021-12-11 10:28 | Report Abuse

Officially not in fintec group...but it copy the same model kon formula mah!

Lu tau boh ??

Very similar basis of kon loh!

Posted by StevenKhoo111 > 2021-12-13 10:23 | Report Abuse

Kon fomula, lol.... I think if you really want go xox la. Not here.

Ages is just slightly low profile doesn't means that is bad profile.

Posted by StevenKhoo111 > 2021-12-13 10:23 | Report Abuse

Anyhow today share price macam ok. Hopefully share price fo steady soon

kangedd

457 posts

Posted by kangedd > 2021-12-13 17:06 | Report Abuse

Property prices will rise next year as construction materials become more expensive

https://www.nst.com.my/property/2021/12/752472/property-prices-will-rise-next-year-construction-materials-become-more

Posted by TanHuatHeng > 2021-12-14 11:10 | Report Abuse

So become homeless

stockraider

31,556 posts

Posted by stockraider > 2021-12-14 12:20 | Report Abuse

Koyak mah!

Material price up!

Shortage of construction worker pulak!

Runlah b4 too late mah!

kangedd

457 posts

Posted by kangedd > 2021-12-15 17:52 | Report Abuse

next year going strong la bro

Newuser777

222 posts

Posted by Newuser777 > 2021-12-16 10:40 | Report Abuse

hahaha all the dreamers are still here

Posted by aarowsiewkh > 2021-12-17 11:38 | Report Abuse

Getting better, the share price is slowly moving

Posted by TanHuatHeng > 2021-12-20 09:40 | Report Abuse

Flood flood.

Help needed to mitigate flood.

kangedd

457 posts

Posted by kangedd > 2021-12-20 14:53 | Report Abuse

flood hit the market hard

240gpark

223 posts

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

Good support line, waiting for next wave

Posted by flystocks69 > 2021-12-22 15:28 | Report Abuse

Wait die this counter

kangedd

457 posts

Posted by kangedd > 2021-12-22 16:25 | Report Abuse

yup, go throw ur ticket someone will pick it up

Target1

139 posts

Posted by Target1 > 2021-12-22 18:19 | Report Abuse

What happen turun terus ?

Target1

139 posts

Posted by Target1 > 2021-12-22 18:21 | Report Abuse

Now already 0.05 n how low will go.......0.01? good support line ?

Posted by TanHuatHeng > 2021-12-22 20:50 | Report Abuse

Finishes at 1 sen. Thank you for the winner.

Posted by flystocks69 > 2021-12-23 08:52 | Report Abuse

The same person come here con ppl everyday.

Posted by CartoonInvesting > 2021-12-23 09:44 | Report Abuse

Don't underestimate the con here

stockraider

31,556 posts

Posted by stockraider > 2021-12-23 11:00 | Report Abuse

Yes exactly loh!

Posted by wongchin > Dec 23, 2021 10:54 AM | Report Abuse

Those who.keep on promoting knowing to swindle people blood sweat money js for a plate of rice sure will receive karma back sooner or later.

Posted by nimblecloud88 > 2021-12-23 11:20 | Report Abuse

Actually where is the promoting ? I just don't get it. Those people randomly come in just say con ? Guess those who with random bad mouth going to receive karma first..

Posted by aarowsiewkh > 2021-12-23 11:35 | Report Abuse

Who is Wongchin ?

Posted by aarowsiewkh > 2021-12-23 11:36 | Report Abuse

Want do keyboard warrior play copy paste , professional la sikit....

Posted by nimblecloud88 > 2021-12-23 11:38 | Report Abuse

https://www.theedgemarkets.com/article/hlib-constructionsector-earnings-double-2022-higher-productivity-margins

HLIB: Construction-sector earnings to double in 2022 on higher productivity, margins

Posted by nimblecloud88 > 2021-12-23 11:40 | Report Abuse

KUALA LUMPUR (Dec 22): Hong Leong Investment Bank (HLIB) Research forecast construction-sector earnings to double in 2022, driven by higher productivity and margins.

In a sector outlook on Wednesday (Dec 22), HLIB Research said job awards could recover, driven by both the private and public sectors.

According to the research firm, construction gross domestic product is slated to rebound 16.6% in 2022 and that in tandem, the firm has pencilled in a doubling of sector cumulative earnings driven by higher site productivity and better margins.

HLIB Research noted that its financial year 2022 forecasts are roughly 15% lower than pre-Covid-19 levels on account of impaired productivity, a worsening labour shortage, hostile cost environment and lower outstanding order book.

“We see a limited scope for earnings upgrades as the aforementioned factors are likely to persist in 2022. To the contrary, should Omicron (the new Covid-19 variant) prove nastier, another earnings downgrade cycle might be triggered,” the firm said.

HLIB Research added that domestic jobs in the first 11 months of 2021 were public sector-driven, while the private sector floundered.

As such, the firm cautiously expects gradually improving contract flows as Malaysia embraces endemicity with private-sector opportunities and roll-outs of public projects like the East Coast Rail Link, Pan Borneo Highway, Johor Baru-Singapore Rapid Transit System and Central Spine Road to keep the tap running in 2022.

“Higher development expenditure bodes well for the general tender environment even with new big-ticket projects missing. Implementation of existing megaprojects should also continue to selectively present opportunities.

“Developments of the Mass Rapid Transit Line 3 (MRT 3) could catalyse flows with open tenders targeted for next year’s third quarter [and] awards in 2023. Downside risks are Home Ownership Campaign expiry, rate hikes, delays due to high material prices and election overlaps,” the firm said.

HLIB Research also foresees elevated election risks denting sentiment next year, which could potentially weigh on news flow catalysts.

The firm said there were significant de-risking activities in the past two election cycles, resulting in pullbacks of 9% to 14% and price-to-book (P/B) derating of 13%/18%, but low sector ownership this time would mitigate it to some extent.

“Comparatively, we anticipate less pronounced volatility this time due to low foreign ownership of the heavyweights and low expectations.

"However, 2022 could see an extra element of market unpredictability vis-à-vis past cycles with the stamp duty cap removed,” the firm said.

Meanwhile, HLIB Research highlighted that the Bursa Malaysia Construction Index (KLCON) was lagging the FBM KLCI by -10.4% year-to-date as negatives like multiple movement control orders, High Speed Rail cancellation, political flare-ups and a disappointing Budget dragged the index.

“Details of MRT 3 in April this year did little to spur the index to new heights as Covid-19 risks outweighed. On a relative basis, IJM Corp Bhd was the key performer, outperforming the KLCON by 14.1%, riding on its IJM Plantations Bhd value unlocking,” the firm said.

HLIB Research also retained its sector call at “neutral” as fluidity of the looming election could weigh on sector sentiment, with investors adopting a wait-and-see approach and sector valuations on the lower end at 12.2 times price-earnings (P/E) NTM earnings per share and 0.61 times P/B.

Posted by nimblecloud88 > 2021-12-23 11:41 | Report Abuse

Relax everyone, construction might not be so good in this year. 2022 will make a big turnover.

blackchicken

1,220 posts

Posted by blackchicken > 2021-12-23 19:51 | Report Abuse

KUALA LUMPUR (Dec 22): Hong Leong Investment Bank (HLIB) Research forecast construction-sector earnings to double in 2022, driven by higher productivity and margins.

In a sector outlook on Wednesday (Dec 22), HLIB Research said job awards could recover, driven by both the private and public sectors.

According to the research firm, construction gross domestic product is slated to rebound 16.6% in 2022 and that in tandem, the firm has pencilled in a doubling of sector cumulative earnings driven by higher site productivity and better margins.

kangedd

457 posts

Posted by kangedd > 2021-12-24 15:30 | Report Abuse

could had rebounded earlier, but got hit by the flood

Posted by CartoonInvesting > 2021-12-24 16:53 | Report Abuse

We in the cartoon land would like to wish everyone a bloody merry trading Christmas.

Hopefully no black Monday.

Santa, I have a secret Lives.

Jason85

652 posts

Posted by Jason85 > 2021-12-24 22:29 | Report Abuse

Abit pengsan to see this Ageson

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-12-26 09:07 | Report Abuse

Very weird this AGES! Every QR is positive but still seeking for PP. Don't know is it Qr is genuine or not.

Posted by AlsvinChangan > 2021-12-26 09:59 | Report Abuse

some hints is in latest QR

FlyFried

101 posts

Posted by FlyFried > 2021-12-26 11:10 | Report Abuse

Merry Christmas and a Happy New Yearto all.

My wish , no more flood. Best wishes to the victims.
Stay strong. I pray for all of your well being.

calvin17

13 posts

Posted by calvin17 > 2021-12-27 17:04 | Report Abuse

how to rise selling 0.045

calvin17

13 posts

Posted by calvin17 > 2021-12-27 17:06 | Report Abuse

making good profit every qtr but price go south

Posted by flystocks69 > 2021-12-27 17:23 | Report Abuse

Mati la this counter

Target1

139 posts

Posted by Target1 > 2021-12-27 18:10 | Report Abuse

Look like betul betul mati uda this counter......

Target1

139 posts

Posted by Target1 > 2021-12-27 18:13 | Report Abuse

Today market very good but Ages still down 10%...dont know what happen ?

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