Highlights
KLSE: ANCOM (4758)       ANCOM BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
1.66   +0.02 (1.22%)  1.62 - 1.68  1,078,000
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Overview

Market Cap: 422 Million
NOSH: 254 Million
Avg Volume (4 weeks):1,262,800
4 Weeks Range:1.34 - 1.84
4 Weeks Price Volatility (%):
64.00%
52 Weeks Range:0.68 - 1.84
52 Weeks Price Volatility (%):
84.48%
Average Price Target: 0.58
Price Target Upside/Downside: -1.08

Financial Highlight

Latest Quarter | Ann. Date 28-Feb-2021 [#3]  |  28-Apr-2021
Next QR | Est. Ann. Date: 31-May-2021  |  30-Jul-2021
T4Q P/E | EY: 93.15  |  1.07%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 1.3659  |  1.22
T4Q NP Margin | ROE: 0.19%  |  1.30%

Headlines

Date Subject
30-Apr-2021 Mplus Market Pulse - 30 Apr 2021
30-Apr-2021 PublicInvest Research Headlines - 30 Apr 2021
30-Apr-2021 ANCOM(4758)收购案解析
29-Apr-2021 NOW SHOWING: THE TRILOGY OF FAST & FURIOUS SHOW Part 4C: ANCOM/4758 & NYLEX/4944
20-Apr-2021 Stocks on Radar - Ancom (4758)
20-Apr-2021 Trading Stocks - Ancom
20-Mar-2021 ANCOM - can the Sugar High get HIGHER?
25-Feb-2021 ANCOM - THE NEXT SUGAR BABY OF BURSA?
05-Feb-2021 Daily technical highlights – (ANCOM, SPRING)
19-Oct-2020 建厂拓产‧安康探讨新业务
21-Aug-2020 Stocks on Radar- Ancom
19-Aug-2020 【 特别资讯 】- 17/08/2020 ANCOM(4758)投资者分享会精华内容
21-Jul-2020 Stocks on Radar- Ancom (4758)
19-Jul-2020 S5 ? Whats going on ? ANCOM ANCOMLB NYLEX MYEG Involved. - By TriumphinBursa
16-Jul-2020 PublicInvest Research Headlines - 16 Jul 2020
04-Jun-2020 NOW SHOWING: The Trilogy of FAST & FURIOUS Shows, PART 4B ANCOM/4758 & NYLEX/4944
03-Jun-2020 Technical View - Ancom Bhd (ANCOM,4758)
02-Jun-2020 安康反弹上挑89仙
31-May-2020 NOW SHOWING: The Trilogy of FAST & FURIOUS Shows, PART 4A ANCOM/4758 & NYLEX/4944
13-May-2020 The Research Hive - Ancom Bhd (ANCOM, 4758)

Business Background

Ancom Bhd is an is an investment holding company. The company through its subsidiaries is engaged in the manufacture, trade, and sale of agricultural and industrial chemical products. It also provides out-of-home advertising media services, IT services and sales of computer hardware and software. Ancom derives most of its revenue from Malaysia.
Analyze this stock with MQ Trader system

  4 people like this.
 
ChongLeeWoon Since 2 weeks ago 15th March, 6 days up followed by 6 days down, back to mid March level of RM1.40 strong support.

Wash out all the panic kakis who cut lost, and also traders who cannot hold longer than T+2 or T+3.

Reset complete and done. Time to relaunch upwards!!
01/04/2021 12:43 PM
dasan784 Excellent ChongLeeWoon and let us as genuine investors move forward with full confidence. Soon we see big gains. Thanks bro.
01/04/2021 4:40 PM
JustinLong Today's selling most likely from staffs with ESOS shares as announced last Friday. Well absorbed at strong support level of 1.39 to 1.40.

Those who sold gonna regret come end of month :)
12/04/2021 12:27 PM
ChongLeeWoon ESOS holders wanna sell faster sell la... Limpeh waiting 1.37 for you come come. Don't disturb me later when we go for RM2 wahahahah
13/04/2021 10:24 AM
ChongLeeWoon Road is clear... next target RM1.50!
14/04/2021 5:12 PM
Investeye Sugar commodity price up, Ancom profit up !
19/04/2021 9:15 AM
JustinLong Long term buyers/collectors very patient last week when weak sellers/traders/ESOS holders were impatient to sell.

True value of the revitalised new chemical group shall prevail and firm believers shall be rewarded handsomely.
19/04/2021 9:58 AM
ChongLeeWoon Thank you to ESOS seller for cheap tickets, let us huat kao kao once break 1.60 for new historical high!!!
20/04/2021 5:06 PM
ChongLeeWoon Holding strong on T+2 from 2 days ago. This time 2nd round challenge RM1.60 barrier are all serious investors who can hold strong. Cheong ah!!!
21/04/2021 11:28 AM
22/04/2021 10:36 AM
JustinLong Ready for 2nd gear next week? ;)
23/04/2021 9:54 AM
Rider Prelude to a good quarterly results
26/04/2021 12:33 PM
JustinLong There have been rumours of some exciting new surprises going forward.

As a value investor it is indeed rewarding to witness the realisation of this counter's fair value, which is RM2 in the very near term, and RM2.50 to RM3 once the new active ingredients are rolled out.
26/04/2021 1:26 PM
JohnFarmer458 Tan Sri buying back shares.... looks like this week might go higher than rm2.00
27/04/2021 11:16 PM
rz_investor https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3152278

request for suspension.. pending big announcement or QR?
28/04/2021 8:46 AM
JustinLong Evolution is inevitable. Since 2018:

1) Divestment of loss-making media
2) Reduction of corporate costs and debt (that were financing media)
3) Growth of Agrochemical biz

Now, we are about to witness the next step of this evolution. Stay tuned.
28/04/2021 9:30 AM
ChongLeeWoon Last year limit up on S5 announcement, this time another limit up coming for Ancom...

Friday morning will storm in for this historic moment in Ancom history!!!
28/04/2021 10:20 AM
JohnFarmer458 When Ancom resume trading?
28/04/2021 10:30 AM
ChongLeeWoon According to announcement of suspension, once the material announcement is made, then will resume trading. I expect it to resume Friday.

Wait for all the juicy details tomorrow
28/04/2021 10:40 AM
JohnFarmer458 Friday can limit up
28/04/2021 10:53 AM
ExtraMoney Why you guys so sure this is a good news?
28/04/2021 10:55 AM
Rider https://www.theedgemarkets.com/article/ancom-offers-purchase-nylexs-assets-and-liabilities-%E2%80%94-source
28/04/2021 12:19 PM
Rider KUALA LUMPUR (April 28): Ancom Bhd is offering to purchase 100% of the assets and liabilities of Nylex (M) Bhd, according to a source familiar with the plans.

"Ancom has issued a letter of offer to Nylex BOD (board of directors) offering to purchase 100% of assets and liabilities of Nylex. The consideration is a mixture of various things," a source told The Edge.
28/04/2021 12:20 PM
klkk How come The Edge got the news before the official announcement?
28/04/2021 12:33 PM
JUNGLE No idea why. Lol. Everyone knows about it
28/04/2021 3:04 PM
ChongLeeWoon Since the counter is already suspended, no harm for "source" to share some details with journalists. News platform also need juicy content to keep you guys entertained.

Also, according to my "source", this development is part of Ancom's billion ringgit market cap strategy. Can't wait jor.... faster announce and share us the mechanism la...
28/04/2021 3:47 PM
klkk Good qtr results announced. Higher profit every qtr.
28/04/2021 5:34 PM
caonima most probably will sell on qr since already up many before qr...
28/04/2021 5:59 PM
Woodswater https://www.sinchew.com.my/content/content_2468321.html
29/04/2021 10:52 AM
JohnFarmer458 @ChongLeeWoon

Nylex market cap 176mil
Ancom current market cap 426mil

by this value alone Ancom should be at least 600mil market cap, so price should be above RM2...
29/04/2021 6:42 PM
JohnFarmer458 Ethanol price is very high now, Ancom able to acquire Nylex at low price really will benefit Ancom greatly...
29/04/2021 6:44 PM
29/04/2021 7:02 PM
JustinLong English news:
https://www.malaymail.com/news/money/2021/04/28/ancom-to-be-fully-integrated-chemical-group-through-proposed-acquisition/1970209

https://www.theedgemarkets.com/article/ancom-proposes-buy-remaining-nylex-stake-confirms-edge-report

Mandarin news:
https://www.orientaldaily.com.my/news/business/2021/04/28/408179

https://www.sinchew.com.my/pad/con/content_2468321.html
29/04/2021 8:54 PM
JohnFarmer458 Tomorrow and next week will be chemical theme

Ancom (Nylex)
LCTitan
Texchem
Samchem
Luxchem
Pchem
29/04/2021 9:14 PM
SEE_Research https://klse.i3investor.com/blogs/see_research/2021-04-29-story-h1564201061-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOW_Part_4C_ANCOM_4758_NYLEX_4.jsp
29/04/2021 10:24 PM
JustinLong Sell on news? What a great market to be in... Thank you for those sub 1.60 tickets :)
30/04/2021 9:50 AM
JohnFarmer458 i just collected more, believe in the fundamental. Once market digest the value.. price will go north eventually
30/04/2021 9:53 AM
JohnFarmer458 Good volume lets see closing got another round push
30/04/2021 3:02 PM
stockraider Sell lah b4 too late, it is value less than Rm 1.50 loh!
01/05/2021 10:37 AM
ChongLeeWoon RM1.50 issuance price is just a "share swap" exercise with Nylex holder for the consolidation. Ancom dilute 9% to consol balance 49% of Nylex biz, Nylex holder become Ancom holders plus existing Nylex shell.

To me is a brilliant corporate exercise to realize Nylex underlying value during turnaround, plus more importantly to realize the immense potential of Ancom to be a billion ringgit co as an integrated chemical group!!

Monday continue to huat arrrr!!!
01/05/2021 10:53 AM
stockraider After the swap...ancom will be less than rm 1.50 mah!

Bcos more sellers coming loh!

Posted by ChongLeeWoon > May 1, 2021 10:53 AM | Report Abuse

RM1.50 issuance price is just a "share swap" exercise with Nylex holder for the consolidation. Ancom dilute 9% to consol balance 49% of Nylex biz, Nylex holder become Ancom holders plus existing Nylex shell.

To me is a brilliant corporate exercise to realize Nylex underlying value during turnaround, plus more importantly to realize the immense potential of Ancom to be a billion ringgit co as an integrated chemical group!!

Monday continue to huat arrrr!!!
01/05/2021 10:58 AM
ChongLeeWoon Well supported by better earnings and increase in Net Asset la.

K la lazy explain too much later u say i lansi my corporate finance to you hehe
01/05/2021 12:08 PM
dasan784 ChongLeeWoon.......... please ignore negativity. Continue to give your thoughts as long investors continue to benefit. Be like sifu Calvin negativity never effects him.
You and JustinLong have been a pillar of strength to genuine and long term investors so continue you good work.
I believe in stockraiders view also but the correction will be temporary only. ANCOM is a great stock to invest and let's in enjoy the good ride. Cheers.
01/05/2021 5:37 PM
DreamHunter yah kah
01/05/2021 5:41 PM
DreamHunter sure boh?
01/05/2021 5:41 PM
JohnFarmer458 Ancom TP RM2.50
03/05/2021 9:25 AM
dasan784 JohnFarmer458...... Yes i am sure that your are absolutely right about the TP @ RM2.50.
I remember the first call buy was made by Sifu Calvin Tan last year and from his research he said it is expected to move anything between RM2 - RM3.00. Since then ANCOM has been moving steadily. How great thou art. Tq Sifu Calvin, JustinLong, ChongLeeWoon, John farmer and the rest of all the positive sifus. A big thank you to you all and to ANCOM also.
03/05/2021 10:30 AM
JustinLong Valuation Exercise:
YTD Q3 PATAMI [ 3 + 6 + 7 ] = RM16m
Assuming a conservative RM7m for Q4,
full year FY21 PATAMI RM23m
(Q4 results expected to be even better than Q3)

What is a fair P/E for ANCOM?
Local agrochem Hextar given P/E of 30 by PublicInvest.
What about other listed agrochem companies?

- Bayer Crop Science [P/E 52]
- Corteva [P/E 49]
- Sumitomo [P/E 59]
- Adama [P/E 59]

Average of P/E 50+ !!
Because they deal with FOOD SECURITY via crop protection, just like ANCOM.

Taking CURRENT FY patami of RM25m at various levels of P/E, what would the market cap of ANCOM be from current level of RM421m?

P/E 25 = RM625m [ 48% upside ]
P/E 30 = RM750m [ 78% upside ]
P/E 35 = RM875m [ 108% upside ]

ANCOM's turnaround story has just begun, so the P/E may be gradually moving up. Plus, management forecast next year's results to be better than the current year's RM25m.

Verdict: there is still immense value in ANCOM to be unlocked
03/05/2021 10:50 PM
JustinLong Valuation Exercise:
YTD Q3 PATAMI [ 3 + 6 + 7 ] = RM16m
Assuming a conservative RM7m for Q4,
full year FY21 PATAMI RM23m
(Q4 results expected to be even better than Q3)

What is a fair P/E for ANCOM?
Local agrochem Hextar trading at P/E of 30

Other listed agrochem companies:

- Bayer Crop Science [P/E 52]
- Corteva [P/E 49]
- Sumitomo [P/E 59]
- Adama [P/E 59]

Average of P/E 50+ !!
Because they deal with FOOD SECURITY via crop protection, just like ANCOM.

Taking CURRENT FY patami of RM25m at various levels of P/E, what would the market cap of ANCOM be from current level of RM421m?

P/E 25 = RM625m [ 48% upside ]
P/E 30 = RM750m [ 78% upside ]
P/E 35 = RM875m [ 108% upside ]

ANCOM's turnaround story has just begun, so the P/E may be gradually moving up. Plus, management forecast next year's results to be better than the current year's RM25m.

Verdict: there is still immense value in ANCOM to be unlocked
03/05/2021 11:01 PM
ChongLeeWoon Retailers sell on news...but...

Ancom CHAIRMAN and CEO both bought shares EVERYDAY after the consolidation exercise announcement, even at RM1.70++ !!!

Overall market weak now so best time to accumulate for next uptrend to RM2.50!
05/05/2021 6:09 PM


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