AGESON BERHAD

KLSE (MYR): AGES (7145)

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Last Price

0.08

Today's Change

-0.005 (5.88%)

Day's Change

0.08 - 0.085

Trading Volume

70,600


34 people like this.

15,219 comment(s). Last comment by PhonkEnjoyer123 6 days ago

Posted by SengGor1011 > 2022-11-10 11:07 | Report Abuse

parties target a revenue of about RM2.3bil per annum from the product sales from the machines, of which 5% or RM115mil will be attributed to Ageson Net for its services.

Posted by VegeBird1219 > 2022-11-10 12:37 | Report Abuse

more and more orderbook coming in, slowly accumulate more

Posted by VegeBird1219 > 2022-11-10 12:41 | Report Abuse

need gov to do more to attract foreign investors to invest in msia

fable

305 posts

Posted by fable > 2022-11-10 16:31 | Report Abuse

Can't rely on government do everything, normal people like us need to venture other opportunities too

fable

305 posts

Posted by fable > 2022-11-10 16:31 | Report Abuse

Btw Ages are doing decent, back to 30 sen?

Investfrog

215 posts

Posted by Investfrog > 2022-11-10 17:28 | Report Abuse

Not so soon lol, market are still in red

Investfrog

215 posts

Posted by Investfrog > 2022-11-10 17:30 | Report Abuse

No good/unique business model in local stock market lol, how to attract foreign investor?

CurryBento

346 posts

Posted by CurryBento > 2022-11-11 14:02 | Report Abuse

before election result come out, hard to attract foreign fund

Posted by SengGor1011 > 2022-11-11 14:11 | Report Abuse

too many katak, too many roti canai, so many unclear factor during this GE15

Posted by VegeBird1219 > 2022-11-11 14:13 | Report Abuse

my honest opinion, if u wan to see positive changes on economy, definitely BN has a stronger hand.
feel like PH is more social and rakyat issues

Posted by VegeBird1219 > 2022-11-11 14:14 | Report Abuse

THE Center for Market Education (CME) in its analysis has highlighted the strengths and weaknesses of the election manifestos of Barisan Nasional and Pakatan Harapan.

It aims to understand if and how they would benefit Malaysia in terms of stable economic growth and international competitiveness.

kangedd

457 posts

Posted by kangedd > 2022-11-11 14:35 | Report Abuse

foreign investor are watching our election, no moves are taken by them now

kangedd

457 posts

Posted by kangedd > 2022-11-11 14:36 | Report Abuse

any changes in political power would be a shift in the market, observe and make plans from this election

Investfrog

215 posts

Posted by Investfrog > 2022-11-11 16:53 | Report Abuse

Politic here, politic there, I just want Ages to fly again

Posted by VegeBird1219 > 2022-11-14 12:28 | Report Abuse

Be patient and aim for the long term since good things need time to develop.

CurryBento

346 posts

Posted by CurryBento > 2022-11-14 12:29 | Report Abuse

begin to notice fund managers putting wagers in the oversold Asian market; this may be a good chance

CurryBento

346 posts

Posted by CurryBento > 2022-11-14 12:31 | Report Abuse

while budget 2023 help strenghtening buiding sectors, ageson will back to its former glory soon

Posted by SengGor1011 > 2022-11-14 13:05 | Report Abuse

continue testing 0.25, keep monitor

kangedd

457 posts

Posted by kangedd > 2022-11-14 16:24 | Report Abuse

can't seperate away stock from politic bro, as long money is involve, politic is there

Posted by limabel608 > 2022-11-14 16:33 | Report Abuse

on the way to 0.30, monitor for a lil bit more

Investfrog

215 posts

Posted by Investfrog > 2022-11-14 18:27 | Report Abuse

Budget 2023? Hopefully it wont be forgotten after this election

Posted by SengGor1011 > 2022-11-15 13:53 | Report Abuse

great milestone achievement for Ageson, one step at a time

Posted by SengGor1011 > 2022-11-15 13:54 | Report Abuse


The industry's output in 2022 was supported by an improvement in wider economic activity and more
favorable external demand

CurryBento

346 posts

Posted by CurryBento > 2022-11-15 13:56 | Report Abuse

0.23-0.235 selling fast

Posted by aarowsiewkh > 2022-11-15 15:05 | Report Abuse

Budget 2023 had already push up the market for a bit, election would push it further again

TehBeng

54 posts

Posted by TehBeng > 2022-11-15 16:03 | Report Abuse

The government intends to construct 500,000 affordable houses by 2025 :)

after GE, Construction time lets goooooo

Investfrog

215 posts

Posted by Investfrog > 2022-11-15 17:20 | Report Abuse

Let's go AGES !!! 500k houses are going to be a big catalyst to the construction market

kangedd

457 posts

Posted by kangedd > 2022-11-15 19:08 | Report Abuse

with momentum slowing down & green day are showing, selloff is almost over which is a good sign

Posted by SengGor1011 > 2022-11-16 13:51 | Report Abuse

Ageson added that the parties target a revenue of about RM2.3bil per annum from the product sales from the machines, of which 5% or RM115mil will be attributed to Ageson Net for its services.

TehBeng

54 posts

Posted by TehBeng > 2022-11-16 13:51 | Report Abuse

new listed construction meterial company show interests in AG, havent factor in price

TehBeng

54 posts

Posted by TehBeng > 2022-11-16 13:56 | Report Abuse

Need to keep monitoring the price movement and the good news they deliver. Brace for the counter to rocket up

CurryBento

346 posts

Posted by CurryBento > 2022-11-16 14:05 | Report Abuse


finger cross bro finger cross, been waiting to see this for so long , after so long T.T

kangedd

457 posts

Posted by kangedd > 2022-11-16 14:43 | Report Abuse

staggering at current level for some time now, upwards movement is imminent

Investfrog

215 posts

Posted by Investfrog > 2022-11-16 14:51 | Report Abuse

Show interest in AGES? where is the news from??

CurryBento

346 posts

Posted by CurryBento > 2022-11-17 14:00 | Report Abuse

profit from property segment will start rolling in soon

Posted by SengGor1011 > 2022-11-17 14:07 | Report Abuse

AGESON's profit before taxes increased by 0.77 percent year on year, given how difficult the construction sector was in 2020 and 2021.

if the receivables are fully retrieved, there is a chance that the impairment loss will be overturned.

TehBeng

54 posts

Posted by TehBeng > 2022-11-17 14:10 | Report Abuse

Construction Industry Development Board (CIDB) CEO Datuk Ahmad ’Asri Abdul Hamid concurs, noting that ongoing projects that were awarded before the pandemic are especially affected, as the projects are priced lower, with no allowance for price increases, owing to the hike in building material prices.

“This resulted in the contractors having their profits reduced or, in some cases, suffering losses. Despite this, the contractors still have to continue executing the projects until completion,” he says in an email response to questions from The Edge.

“As for new contracts, contractors can manage by pricing in the current material prices and quoting prices, with sufficient margins, to cover unexpected costs, including unforeseen increases in material prices.”

While contractors from both the public and private sectors are affected by the increase in material prices, the VOP clause was reintroduced for government contracts on July 15, 2021, to mitigate the impact of material price increases.

kangedd

457 posts

Posted by kangedd > 2022-11-17 16:43 | Report Abuse

property segment doing better than construction segment now?

Investfrog

215 posts

Posted by Investfrog > 2022-11-17 18:26 | Report Abuse

Maybe no, just the profit from property segment are coming in now for AGES

Investfrog

215 posts

Posted by Investfrog > 2022-11-17 18:27 | Report Abuse

Worry not, construction sector are going to slowly recover with budget 2023 coming in

DickyMe

14,884 posts

Posted by DickyMe > 2022-11-17 18:48 | Report Abuse

Keep dreaming about construction recovery.
With high interest rate and inflation, stagnant salary and high unemployment, how the hell will it recover. Wonder how many SME loans are unpaid. We will know when a NEW government is formed. The skeleton in the cupboard will drop out.

TehBeng

54 posts

Posted by TehBeng > 2022-11-18 14:24 | Report Abuse

Just done some research on BIM, quite an interesting topic I would say. Definitely gonna change how traditional construction gonna work

Some useful article

https://www.sciencedirect.com/topics/engineering/building-information-modeling

Building information modeling (BIM) is one of the more promising developments in the architecture, engineering, and construction fields.

It is changing the way contractors and engineers do business, but its application is still relatively new and there is much to learn.

One way to learn is from observing how other businesses are using BIM and their trials and tribulations along the way. BIM was introduced over a decade ago mainly to distinguish the information-rich architectural 3D modeling from the traditional 2D drawing.

It is being acclaimed by its advocates as a lifesaver for complicated projects because of its ability to correct errors early in the design stage and accurately schedule construction.

Although over recent years, the term “building information modeling” or “BIM” has gained widespread popularity, it has failed to gain a consistent definition.

According to Patrick Suermann, PE, a National Building Information Model Standard (NBIMS) testing team leader, “BIM is the virtual representation of the physical and functional characteristics of a facility from inception onward. As such, it serves as a shared information repository for collaboration throughout a facility's life cycle.”

The National Institute of Building Sciences (NIBS) sees it as “a digital representation of physical and functional characteristics of a facility…and a shared knowledge resource for information about a facility forming a reliable basis for decisions during its life cycle, defined as existing from earliest conception to demolition.”

But generally speaking, BIM technology allows an accurate virtual model of a building to be constructed digitally. Completed computer-generated models contain accurate and well-defined geometry and pertinent data required to facilitate the construction, fabrication, and procurement activities necessary to realize the final building.

CurryBento

346 posts

Posted by CurryBento > 2022-11-18 14:33 | Report Abuse

If BN win out, mega project and infrastructure related stock all will come back soon.

kangedd

457 posts

Posted by kangedd > 2022-11-21 10:09 | Report Abuse

BN already sitting at passenger seat now, Driver will decide the destination

Investfrog

215 posts

Posted by Investfrog > 2022-11-21 11:07 | Report Abuse

Push up the market, after meeting then market is ready to go up !

Posted by aarowsiewkh > 2022-11-21 11:41 | Report Abuse

Relax relax, budget 2023 + construction sector are slowly recovering now

Posted by SengGor1011 > 2022-11-21 12:23 | Report Abuse

The Malaysian construction industry grew by an estimated 1.5% in real terms in 2021, following an annual decline of 19.4% in 2020

The industry's output in 2021 was supported by an improvement in wider economic activity and more favorable external demand. Despite remaining stable in the first half of last year, construction activities plummeted in the third quarter of 2021, due to weakness in civil engineering, residential and non-residential building construction activity.

As a result, the Malaysian construction industry contracted by 2.6% year on year (YoY) in the first three quarters of 2021, according to the Department of Statistics Malaysia (DOSM). The industry is expected to have registered positive growth in the final quarter of 2021, supported by a fall in Coronavirus (COVID-19) infections and the subsequent relaxation of restrictions. However, severe flooding towards the end of Q4 2021 may slow growth in early Q1 2022

Posted by SengGor1011 > 2022-11-21 12:23 | Report Abuse

growth is inevitable, this time hosehh for construction as the Malaysian parliament passed the government's budget for 2022, approving an expenditure of MYR332.1 billion ($81.8 billion). The budget includes an allocation of MYR75.6 billion ($18.6 billion) for development expenditure, as well as a number of incentives to improve employment rates and support businesses WOOHOOO

TehBeng

54 posts

Posted by TehBeng > 2022-11-21 12:25 | Report Abuse

lets go ABANG ZAHID, stock market all depend on you as King Maker now <3

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