ADVANCECON HOLDINGS BERHAD

KLSE (MYR): ADVCON (5281)

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Last Price

0.24

Today's Change

0.00 (0.00%)

Day's Change

0.235 - 0.24

Trading Volume

522,100


2 people like this.

1,032 comment(s). Last comment by wallstreetrookieNEW 2023-08-02 14:49

optimus9199

2,794 posts

Posted by optimus9199 > 2017-11-28 20:03 | Report Abuse

Margin compressed due to bad weather ad late delivery of projects

flash777

618 posts

Posted by flash777 > 2017-11-28 20:40 | Report Abuse

From recent price activities, it is now very clear that insider had performed pump and dump and i believe quite some ppl kena trapped. ESOS and shitty qtr, dont forget IPO 0.63. I will avoid this counter, at least for another 3 months. There is really no reason to rush in now.

nicky

3,356 posts

Posted by nicky > 2017-11-29 17:15 | Report Abuse

Below RM1.00..... my cost RM1.17... damn

ohm1

7 posts

Posted by ohm1 > 2017-11-29 17:30 | Report Abuse

but SKVE contrak very good wor. when infra work comes in, kenot stop liao!

zzzzz

1,894 posts

Posted by zzzzz > 2017-11-30 09:29 | Report Abuse

continues down.......

ConManKim

10 posts

Posted by ConManKim > 2017-11-30 09:31 | Report Abuse

This is Kim or Spartan favourite shares.. Ask everyone to buy and keep buying at RM1.1x..
Now gg.

Same like malton wb, ekovest, Media

And they charged RM200 per mth for SGT group? Kim earn, we all lose capital.

nicky

3,356 posts

Posted by nicky > 2017-11-30 09:46 | Report Abuse

Any bad news ?? why keeps going down with no support ?

ampabella

1,378 posts

Posted by ampabella > 2017-11-30 11:11 | Report Abuse

saya Mali support at 96.5. cts , wish me happiluyah

zzzzz

1,894 posts

Posted by zzzzz > 2017-11-30 15:24 | Report Abuse

ha... masuk longkang

ampabella

1,378 posts

Posted by ampabella > 2017-12-01 19:40 | Report Abuse

ADVCON goreng kaki, below 98cts boleh hoot sikit nanti 90cts lagi tambah satu bakul nanti 2018 sure goreng back to rm1.05

zzzzz

1,894 posts

Posted by zzzzz > 2017-12-04 09:34 | Report Abuse

sorry bukan masuk longkang... masuk sungai ..

zzzzz

1,894 posts

Posted by zzzzz > 2017-12-04 10:28 | Report Abuse

slowly .. masuk laut

zzzzz

1,894 posts

Posted by zzzzz > 2017-12-04 14:57 | Report Abuse

Below 90.... hu hu hu

zzzzz

1,894 posts

Posted by zzzzz > 2017-12-04 15:07 | Report Abuse

RM0.60 is a good buy......

nicky

3,356 posts

Posted by nicky > 2017-12-04 15:10 | Report Abuse

Teruk...... what happened ???

nicky

3,356 posts

Posted by nicky > 2017-12-04 15:43 | Report Abuse

everyone here wants the answer........

apolloang

18,163 posts

Posted by apolloang > 2017-12-04 15:45 | Report Abuse

I sold at 83cts not yet reach until now, 80cts then let me know, below 75cts only I can buy.....hahaha

Tan Issac

82 posts

Posted by Tan Issac > 2017-12-04 15:58 | Report Abuse

our big Boss said our economy is very good and strong, but why foreign funds no interested in our market???

apolloang

18,163 posts

Posted by apolloang > 2017-12-04 15:59 | Report Abuse

foreign funds know this BOOSA is crooks control,so they no want buy here.....hahaha

ampabella

1,378 posts

Posted by ampabella > 2017-12-04 16:08 | Report Abuse

Lai Lai Lai hoot dua biji dulu nanti free nasi lemak

okdoke

279 posts

Posted by okdoke > 2017-12-04 16:56 | Report Abuse

qtr result bad plus give ESOS shares to employees/bosses for the bad result. Way to go Advcon.

nicky

3,356 posts

Posted by nicky > 2017-12-04 16:56 | Report Abuse

Im still holding but look like will going down further as no support at all.... took few months to go up but 3 days to collapse...

okdoke

279 posts

Posted by okdoke > 2017-12-04 17:01 | Report Abuse

nicky...You have to decide what is best option with this prevailing situation. good luck

nicky

3,356 posts

Posted by nicky > 2017-12-04 17:16 | Report Abuse

okdoke.. Hard to decide .. whether cut or hold...

optimus9199

2,794 posts

Posted by optimus9199 > 2017-12-04 20:38 | Report Abuse

Advancecon, the management system have problems. Late delivery of projects are bad for long term and will lose the trust of future contracts to be awarded. The WCE and Pan Borneo projects were delivered late, thats why resulted in lesser revenue and net profits. The Management of Advancecon, to begin with, are very suspicious to begin with. Its IPO was delayed twice in 2017 ( May deferred to July due to some irregularities with Securities Commission and BUrsa Malaysia). On top of that, to issue up to additional 15% of new shares as ESOS will further dilute its earnings. Medium to Long term outlook for Advacecon seems bleak, unless next quarter they show a tremendous increase in net profit.

flash777

618 posts

Posted by flash777 > 2017-12-04 20:48 | Report Abuse

I thought you want buy as much as possible??? LOL

optimus9199

2,794 posts

Posted by optimus9199 > 2017-12-04 21:32 | Report Abuse

There is no problem with Adv con businesses, just the management is an issue.

zzzzz

1,894 posts

Posted by zzzzz > 2017-12-04 21:53 | Report Abuse

A company doing good or bad solely depend on the management not types of their business.....

optimus9199

2,794 posts

Posted by optimus9199 > 2017-12-04 22:09 | Report Abuse

Yes indeed true!

calvinteo

330 posts

Posted by calvinteo > 2017-12-05 00:09 | Report Abuse

Bad q result announced and 15% esos believe both shld impact their price performance.

Plus 6 mths moratorium as stated in ipo prospectus (i.e. item 9.2 of page 277) to be expired very soon.

Swap n select Saudee, Sernkou and Inta to be my New portfolio for 2017/ 2018.

Note: Invest and or trade at your own risk.

zzzzz

1,894 posts

Posted by zzzzz > 2017-12-05 07:22 | Report Abuse

Only When the price is dropping all digging out the negative points/ factors... I didn’t c any bad comment while the price moving up .... lol

flash777

618 posts

Posted by flash777 > 2017-12-05 08:57 | Report Abuse

Lol , its because they finally sell mah. Only then bad mouth. When shout buy buy buy is to let ppl chase and support the price.

nicky

3,356 posts

Posted by nicky > 2017-12-05 09:13 | Report Abuse

keeps doing low..... no support at all....

mahad13

2 posts

Posted by mahad13 > 2017-12-05 09:14 | Report Abuse

"The Group's revenue for current quarter under review was lower than immediate preceding quarter mainly attributable to slower than expected progress for major infrastructure projects under the Group. In particular, progress was affected by delay in handover of project sites by the project principals and the occurrence of adverse weather pattern compared to immediate preceding quarter. The sale of construction materials was also affected due to reduced construction activities"

It is the delay of the project sites handover by the project principals to Advcon. Not the Advcon who caused the delay. Advcon cannot start work when the sites not handover to them. As they continuously awarded new projects, that will stabilize their pipeline. Hence more stable earnings.

ampabella

1,378 posts

Posted by ampabella > 2017-12-05 11:01 | Report Abuse

Aiyoh buy 2 biji 96.5 and 2 biji 90cts also koyak, next buy apa harga boleh hoot, 85cts another 2 biji lah then tah pau and keep quiet

zzzzz

1,894 posts

Posted by zzzzz > 2017-12-06 15:44 | Report Abuse

confirmed habis.. this counter 0.86

speakup

27,014 posts

Posted by speakup > 2017-12-06 15:45 | Report Abuse

last time ppl very pantang companies ending with word "con". remember PILECON? now all forgotten.

apolloang

18,163 posts

Posted by apolloang > 2017-12-06 15:47 | Report Abuse

kena con??? hehe....next time change to corn lo.....hahaha

DamienCYH

86 posts

Posted by DamienCYH > 2017-12-06 16:19 | Report Abuse

most probably back to IPO price in these few days

zzzzz

1,894 posts

Posted by zzzzz > 2017-12-06 16:49 | Report Abuse

Nicky... still holding ???

Posted by henghuat888 > 2017-12-06 17:06 | Report Abuse

Wooo..when market bad time all negative factors and comment come out

Hmmm..

mahad13

2 posts

Posted by mahad13 > 2017-12-07 09:37 | Report Abuse

Advcon stated it may takes 1 or 2 quarter to back on track. Within these 2 quarters, if they continue securing new projects, then may collect on weakness. No rush to go in. See where it land and stabilize first.

ampabella

1,378 posts

Posted by ampabella > 2017-12-07 13:20 | Report Abuse

sulah beli sikit now diam diam luluk tengok saja, scare to buy somemore....very takut lagi ada olang ciakap the word "con" ya ya ya...correct Mancon..bungkus, pilecon...also bungkus but now the word con ada sikit baik leow , u see Econpile flying high

nicky

3,356 posts

Posted by nicky > 2017-12-07 15:33 | Report Abuse

zzzzz... i m still holding. Down again today... just wait n see .. nothing much can do

okdoke

279 posts

Posted by okdoke > 2017-12-08 09:10 | Report Abuse

mahad13, why need 1 or 2 quarters to (get) back on track? Are they facing complex problems/ challenges? They said " delay in handover of project sites by the project principals". Can Advcon put up claim for the delay? thks for the clarification

ampabella

1,378 posts

Posted by ampabella > 2017-12-08 16:26 | Report Abuse

very very jialat ...waterfall ...worst than falling knife

optimus9199

2,794 posts

Posted by optimus9199 > 2017-12-08 18:19 | Report Abuse

Pls sell adv con ...this company's management team is terrible and CFO unreliable

flash777

618 posts

Posted by flash777 > 2017-12-09 09:01 | Report Abuse

Yes indeed the management team is very sohai and don’t know how to manipulate the qtr result like others. The CFO should be fired.

optimus9199

2,794 posts

Posted by optimus9199 > 2017-12-09 20:03 | Report Abuse

Pls sell as much as possible. This stock is game over

Posted by Mohd Fahmi Bin Jaes > 2017-12-09 20:10 | Report Abuse

Over

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