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
CurryBento...how old are you now ? if you below 40 years don't disscuss about share with me ! if your age over 50 ,you think buy this company right issue is right ...pls buy more...your money give director.....to enjoy....0.20 cts counter is Good Quality ?
Normally..when some company announcement or approve right issue...they must support this company in short term....after due date right issue.......share price must weak.....or drop....
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?
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.
For old bies.....welcome buy more right issue ...if you are millionaire...n pls take your FD money give those Director n Ceo to enjoy.....buy new car,travel,n night club Yam Sheng.....one company to getting smaller is good company ???...20=1 ???
What i see is, recovery in domestic-oriented sectors will drive the improving growth trajectory, as practically all economic and social sectors return to normalcy as a result of Malaysia's high vaccination rate and speedy distribution of booster injections.
Nonetheless, in order to persuade stockholders to stay, the corporation will go through a share consolidation operation to limit the number of shares in circulation, which it's intention was to try to make investor to stay, long enough for them to utilize the money and start venturing and expanding their business
this is one of it's early stage startup moment which usually the hardest time
To be fair this may not be the best company as it's current state compare to other much more mature companies out their in the market, but as for those who PERSONALLY atttend the meeting before will know, the ambition and plans is workable and its definitely a bumpy but fruitful ride
Globalview88, what you said is NOT TRUE :) see my previous comment
May 13, 2022 1:51 PM | Report Abuse
when i see my name got mentioned, i got excited :D
damn people can be so shamelessly spit out things they dont but they thought they understand hahahaha construction recovery is already confirmed, dont ask me how i know, that is because my network is way more than just i3
@SengGor1011, thanks for the numbers and the optimism. But for ppl who bought much earlier - when Ageson got all the big sand contracts - they experience the big fall! Hopefully, with the Perak MBI and other projects and the full funding from the RI, Ageson can recover!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
AlfI3
1,289 posts
Posted by AlfI3 > 2022-05-25 06:31 | Report Abuse
Masukkan Wang terus dlm poket director, usah buat apa2 lagi