Posted by BLee > 2022-04-12 08:11 | Report Abuse

@whistlebower99: Those investors still holding AGES-PA bought before ex-date (11/4) are carrying losses of at least 40% based on closing price of 0.045!!!

Even after 40% discount, it would still be out of money if you choose to buy 13 AGES-PA at 0.045 costing total of 0.585 for conversion. Based on mother closing price of 0.36

BLee: Hi bro @whistlebower99, agreed still out of money; but it is a gap that needs to be watch..much better than RM1.95 for cash conversion method.
Happy trading and TradeAtYourOwnRisk

Posted by 651158 > 2022-04-12 08:23 | Report Abuse

Just wait

Posted by imvu > 2022-04-12 08:26 | Report Abuse

limit up ?

Posted by 651158 > 2022-04-12 08:38 | Report Abuse

Anytime can be limit up but now just waiting it limit down first

Posted by imvu > 2022-04-12 10:57 | Report Abuse

kalau terjun bawah 0.300 apa takut , sekali limit up sudah +0.300

Posted by SengGor1011 > 2022-04-12 13:05 | Report Abuse

dont limit up first pls, im depositing

Posted by CurryBento > 2022-04-12 13:09 | Report Abuse

The adjusted EPS of the company is approximately 2.82, and when adjusted to the current share price of the company, AGES is trading at a TTM PER of 1.06 times.

Under the Bursa Construction Index, the normalized valuation for a 5-year average has always been around 6.7 times PER for profitable companies. (Source – Bloomberg)

In other words, AGES is deeply undervalued, with or without positive development from mega projects.

Nevertheless, the company will undergo a share consolidation exercise to reduce the share circulation as an effort to encourage shareholders to stay. Sadly, most investors had mistakenly taken AGES as one of the other penny stocks.

So my thesis is, why chase after highly valued stocks, when you can buy one at 1/5 of the valuation?

Posted by CurryBento > 2022-04-12 13:09 | Report Abuse

dont chase high value stock d, too slow to money :))

Posted by CurryBento > 2022-04-12 13:09 | Report Abuse

have faith in AGES, now stil consider under value

Posted by SengGor1011 > 2022-04-12 13:11 | Report Abuse

The improving growth trajectory would be driven by the recovery in domestic-oriented sectors as almost all economic and social sectors return to normalcy amid Malaysia's high vaccination rate and rapid rollout of booster shots.

The re-opening of international borders would facilitate the recovery of tourism-related industries and alleviate pockets of foreign labour shortages in the domestic economy, Bank Negara said in its Economic and Monetary Review 2021 released today.

The central bank's governor Tan Sri Nor Shamsiah Mohd Yunus, meanwhile, said its current monetary policy stance would continue to remain accommodative to support economic recovery and ensure price stability.

noice <3

Posted by unclekyyisbest > 2022-04-12 13:32 | Report Abuse

https://www.nst.com.my/business/2022/04/787977/economist-transition-endemic-status-boost-economy

Posted by unclekyyisbest > 2022-04-12 13:33 | Report Abuse

Endemic, will sure bring construction back, Additionally Government want to push construction

Posted by unclekyyisbest > 2022-04-12 13:33 | Report Abuse

Construction and property demand will turn better, buy econpile, gamuda and ages. All value to hold

Posted by unclekyyisbest > 2022-04-12 13:34 | Report Abuse

Ages is undervalued .. haha

Posted by Let's Gooooo > 2022-04-12 14:02 | Report Abuse

Yaya, buy AGES!! Dato wanted to let retailers to have a chance to buy AGES!!
He will make sure the company continue to profit while the share price maintain low low for years to come!!

Posted by Let's Gooooo > 2022-04-12 14:02 | Report Abuse

Buy buy!! AGES is trying to 解救普通人！！

Posted by telurgoreng > 2022-04-12 16:44 | Report Abuse

At current price, AGES is extremely undervalued. After consolidation, the price is equivalent to around 2 cents only... wtf??? This company is in the green and only valued at 2 cents (0.35 after consolidation)?? So many other rubbish companies in the red and has higher fake value...

Posted by whkwoon > 2022-04-12 16:54 | Report Abuse

Rubbish Company

Posted by imvu > 2022-04-12 20:06 | Report Abuse

ni kalau operator nak pump , atas 1.00 kacang je :)

Posted by Let's Gooooo > 2022-04-12 20:10 | Report Abuse

Yaya, KALAU operator nak pump

Posted by Let's Gooooo > 2022-04-12 20:20 | Report Abuse

Why no, wallstreetrookie? You see all those supporters with a short comment history and only comments in this forum. All of them say can worhh'!

Posted by teareader818 > 2022-04-12 23:13 | Report Abuse

Wallstreetrookie prefers milk cows.

Posted by Let's Gooooo > 2022-04-12 23:42 | Report Abuse

Still better than eating sand, right? AGES got billions worth contract of sand business!!! Wait, no more dy ya?

Posted by Noni > 2022-04-13 04:26 | Report Abuse

What? no more sand contract?

Posted by linheng > 2022-04-13 07:46 | Report Abuse

So much buyer at 2.5 cents. Suddenly after 15 to 1 consolidation its trading at 35 cents ( 2.33 cents). Why?

Posted by linheng > 2022-04-13 07:54 | Report Abuse

Should be at least 37.5 cents (Based on 2.5 cents)

Posted by 651158 > 2022-04-13 08:14 | Report Abuse

Director still pushing the price to the lower price,we just waiting and watch first

Posted by imvu > 2022-04-13 09:52 | Report Abuse

sebelum hujung tahun ni trillionaire

Posted by BLee > 2022-04-13 10:22 | Report Abuse

@651158: Director still pushing the price to the lower price,we just waiting and watch first

BLee: Hi @651158, Directors unlikely disposing as 3 major shareholders have make the undertaking to:
1. Not to dispose of any shares before RI issuance.
2. Capabilities to subscribe RM10mil worth of RI shares.

Therefore, this RM10mil will be a fresh fund and NOT a recycling fund from selling existing holdings. All this info is in the RI circular.
Happy trading and TradeAtYourOwnRisk

Posted by Michael R. > 2022-04-13 10:43 | Report Abuse

100mil NOSH only?? Easily cornered later..

Posted by CurryBento > 2022-04-13 11:08 | Report Abuse

Sabar and bertenang, don’t like it then move on

Posted by CurryBento > 2022-04-13 11:10 | Report Abuse

Got money in, talk c,
Money go out, talk c again
Susahlah

Posted by VegeBird1219 > 2022-04-13 13:27 | Report Abuse

Moving forward, the country's strong economic outlook will also help to boost the ringgit, which is projected to strengthen to 4.10 against the US dollar from 4.17 last year despite heightened uncertainty, said Kenanga Research

The research house said it is cautiously bullish on the local note, but noted that the ringgit may continue to trade under pressure in the next few months due to the volatile market environment brought about by the Eastern Europe crisis, China's stringent pandemic-control measures and the United States Federal Reserve's increasingly hawkish tone.

On the overnight policy rate, it said Bank Negara Malaysia might raise the lending rate in the third quarter of 2022 after major economic indicators point to a sustainable recovery.

"The reopening of Malaysia's international borders on April 1, coupled with the central bank's continued accommodative policy stance, is seen to prop up economic growth in the second half of the year," it said in a note recently.

Posted by VegeBird1219 > 2022-04-13 13:28 | Report Abuse

Well, at least we have show to see on the 2nd half year

steady

Posted by kangedd > 2022-04-13 16:40 | Report Abuse

buying momentum is there

Posted by kangedd > 2022-04-13 16:40 | Report Abuse

sit back and relax

Posted by whistlebower99 > 2022-04-13 17:02 |

Post removed.Why?

Posted by imvu > 2022-04-13 17:13 | Report Abuse

tak sabar tunggu warrant

Posted by CurryBento > 2022-04-14 03:20 | Report Abuse

The overall ECRL project along the 665 kilometres (km) stretch was progressing well and was on track to be fully completed by December 2026, he said.

“Overall we do not face many problems. Alhamdulillah, many issues have been resolved with good cooperation from all parties, especially the state governments involved.

“For Kelantan, the ECRL alignment is 43.86km, the progress of infrastructure works has reached 21.58 per cent and the land acquisition process for the main alignment has been fully completed,” he said.

He said this when met by reporters at a breaking of fast with media practitioners, here last night.

Commenting further, Darwis said that the construction work of the 16.39km Genting Tunnel from Pahang to Selangor will begin next month.

“The Genting Tunnel excavation process involving 10km in Pahang and another six km in Selangor is expected to take two and a half years with a productivity rate of approximately between 400 to 600 metres per month,” he said.

Darwis said the ECRL project, which will create a better, sophisticated and modern transportation system in the east coast states, is expected to start operating in Jan 2027.

“The target of passengers is 5.6 million a year, each journey involves six carriages capable of carrying 440 passengers.

“However, the ticket price has yet to be decided, it depends on the government,” he said. — Bernama

Posted by CurryBento > 2022-04-14 03:21 | Report Abuse

PRICES for property near the East Coast Rail Link (ECRL) Northern Alignment route are expected to increase rapidly with the booming demand for transportation infrastructure and better connectivity.

Centre for Market Education fellow and Bait Al Amanah economist Fariq Sazuki said with the latest ECRL realignment, industrial towns like Serendah and Kapar in Selangor may see a rapid increase in property value.

Posted by linheng > 2022-04-14 06:42 | Report Abuse

15 to 1. Possibility of oversold?

Posted by lastwing > 2022-04-14 08:55 | Report Abuse

By static to count - ages is go ways too low, it should be better.

Posted by kangedd > 2022-04-14 10:05 | Report Abuse

everyday sure got panic seller lor, money move from the impatience to the patience

Posted by SengGor1011 > 2022-04-14 13:53 | Report Abuse

wow, took me awhile to read all those article, but now understand better thanks for sharing

Posted by SengGor1011 > 2022-04-14 14:01 | Report Abuse

ages staying on low point for some time d, recharging energy i assume hehe

Posted by kangedd > 2022-04-14 17:20 | Report Abuse

Bad actors are gone, price gonna start rallying...

Posted by unclekyyisbest > 2022-04-14 18:22 | Report Abuse

https://www.nst.com.my/property/2022/04/788138/property-sector-bumpy-road-recovery

Posted by unclekyyisbest > 2022-04-14 18:22 | Report Abuse

RHB Investment Bank Bhd is apprehensive about developers' earnings prospects this year, given the consistently high construction costs resulting from the surge in primary commodities such as crude oil, steel bar, copper, and aluminium.

In a note yesterday, the investment bank said the resulting price hikes in cement, sand, tiles and related products collectively contributed to the surge in total building expenses.

"Major commodity prices saw significant price hikes, exacerbated by the Russia-Ukraine crisis in March. These include crude oil, steel bar, copper and aluminium, which are the key components in building materials.

"Assuming the uptrend in commodity prices persists over the next six to nine months, besides margin compression, we think developers will tend to be more prudent with their launches.

Posted by unclekyyisbest > 2022-04-14 18:22 | Report Abuse

"Developers will likely resize/re-design and maintain the selling prices and affordability of their products, or look for alternative construction materials that are cheaper to mitigate cost pressure," it said.

According to the recent survey by the Real Estate and Housing Developers' Association Malaysia, property developers generally expect construction costs to surge by an average of 19 per cent this year, due to the rise in building material prices, wages and financing costs.

The survey results also indicated that the average percentage increase in the price of building materials such as aluminium is at 55 per cent, timber at 52 per cent, steel at 38 per cent, cement at 19 per cent, sand at 18 per cent, and concrete at 16 per cent.

Posted by unclekyyisbest > 2022-04-14 18:22 | Report Abuse

Transportation and logistics costs are also important factors.

RHB Investment Bank said that developers have generally set a reduced sales objective this year (about -10 per cent year-on-year) after robust property sales in 2021.

Despite the rolling lockdowns from June to August, total property sales in 2021 increased by about 40 per cent yearly, partially boosted by the Home Ownership Campaign (HOC).

A few developers outperformed their sales projections. S P Setia, Sime Darby Property, Sunway, and Tambun Indah were among them.

"In our view, 2022's more conservative sales targets are probably due to the absence of the Home Ownership Campaign, expectations for an interest rate hike in the second half of 2022, and rising inflationary pressure," it said.

The investment bank said that rising inflationary pressure might potentially dampen household disposable income on the macroeconomic front.