tyyaptyANCOMNY has been down trending from its peak at RM1.26 in early February. Selling pressure has been on-going for the past 5 months. Nevertheless, a minor rebound was expected from its support formed at RM0.94. In view of the upcoming 3Q quarter result announcement next week, and indicators showing bullish momentum, prevailing rebound momentum is expected to persist.
04/07/2023 2:35 PM
AbangRedTeaLolz, bullish one day only. No hope already.
“。。。。。。we have obtained the certificate of completion and compliance (CCC) for our new agrichem production facility in Klang, in which the development progress for one of our new active ingredients (AI) has been very encouraging and is on track for commercial production by the end of 2023. ”
17/07/2023 6:02 PM
skyinvestorsaw this video about Ancom Nylex stock, good one https://youtu.be/qLDv_ynTMvE
18/07/2023 10:45 AM
CapitalmanSRecently macam no one talk about this stock
02/01/2024 11:18 PM
ZoeZoeQR coming and a lot of activity on Director share buy back, is this any indication of good profits?
04/01/2024 2:48 PM
Icon 888Be Ware…. Any time London bridge falling down
omega008man i dont know whats going on with this company ... ESOS, dividends in specie, and warrants ... Ancom tanking its own shares ... goodbye glory days of ancom
06/03/2024 10:46 AM
ZoeZoeAnyone collecting at cheap sale price? I tot 1.05 was the support, but now looks like 0.990?
06/03/2024 3:10 PM
1676970.97 was major bottom I think. uptrend from now
05/04/2024 2:59 PM
167697The market wants to go where it wants to go. It wants to find the major bottom see weekly and daily chart and draw the bottom line. Higher low. So I think it is uptrend from now 0.97. I maybe wrong but this is my opinion only
06/04/2024 1:20 PM
167697It is also coincides appoximately with new product. Maybe the company directors and shareholders were buying shares earlier at higher prices because they did not know “the market wants to go where it wants to go” because the price is dictated by big boys. We are small retailers. WE have to think like big boys the institutions
06/04/2024 1:26 PM
167697Remember gamestock USA. The retailers gangup to beat the hedgefunds the big boys. We are small boys
06/04/2024 1:33 PM
167697If it drops more i will buy more. I bought some at 0.975 0.98
06/04/2024 2:33 PM
167697If it gets cheaper I will also buy and the company will buy more and other people will buy. Those sellers will be afraid to miss out on profits. GOOOOOD product at cheap prices….just buy! Like buying a diamond at 0.97
167697If say the price drop to 0.90 and i buy some more and the company is confident about its products (Looks like the company is confident) and buy even more. Should the price in future shoots up to 1.20 the company is laughing as they profit from the share and we retailers are laughing. The sellers will be regretting
06/04/2024 2:51 PM
167697If sellers stop selling now and the price goes up from here because of a good product then everyone is happy including the previous sellers who are buying again and company and current retailers. In the end the market wants to go where it wants to go.
06/04/2024 3:00 PM
167697GAMESTOCK WAS A BAD PRODUCT. ANCOMNY has a good new product and the biggest fertiliser company in SEA and selling overseas as well to Brazil (the Amazon of agriculture)
06/04/2024 3:09 PM
167697Looks like double bottom has been reached aided by company buying more shares. Hopefully can go up from here. Fingers crossed
167697As of 2024-04-17, the Intrinsic Value of Ancom Nylex Bhd (ANCOMNY.KL) is 1.61 MYR. This ANCOMNY.KL valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 0.99 MYR, the upside of Ancom Nylex Bhd is 62.6%. The range of the Intrinsic Value is 1.35 - 1.97 MYR.
17/04/2024 10:21 PM
ZoeZoeMost financial houses has given a price target of 1.50rm!
18/04/2024 2:53 PM
167697Other good ones are Genetec! Good luck. Hope Ancomny can go up some
18/04/2024 7:12 PM
jenabchen1231.50..... Not a bad return to buy some and lock up waiting for the run