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Last Price Today's Change   Day's Range   Trading Volume
0.705   +0.01 (1.44%)  0.69 - 0.705  574,200
2,826 comment(s). Last comment by jutawansenyap at Jan 15, 2021 5:20 PM
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jutawansenyap
1028 posts

Posted by jutawansenyap > Dec 30, 2020 11:51 AM | Report Abuse

Chart cantik dah.tunggu masa.i try to open 0.745 this morning nobody follow.kekeke.sold mine at .74.


jenli84
22 posts

Posted by jenli84 > Dec 30, 2020 11:52 AM | Report Abuse

good for u as I'm still waiting


savingprivateryan
30 posts

Posted by savingprivateryan > Dec 30, 2020 12:13 PM | Report Abuse

Eh, jerung besar singgah Sealink dulu ke @jutawansenyap hihihi


A Dhivya Maaran
9 posts

Posted by A Dhivya Maaran > Dec 30, 2020 2:53 PM | Report Abuse

As I said earlier, this stock has big potential in long term. It need no shark to push it up.


AimanHassan93
1 post

Posted by AimanHassan93 > Dec 30, 2020 3:06 PM | Report Abuse

still waiting to break 0.8 smh


A Dhivya Maaran
9 posts

Posted by A Dhivya Maaran > Dec 30, 2020 7:44 PM | Report Abuse

I can say once next QR release, can touch 1.00. Hopefully. Let's hold tight folks.


kenken85
708 posts

Posted by kenken85 > Dec 30, 2020 8:07 PM | Report Abuse

572 auditor and 18 banks now. Is difficult to tell hows this econfirm thing contribute to company. is defintely a positive contribution, but how much it can contribue thats the question. really depend on how many transaction was done. But increasing in auditor and bank number definitely contribute more transaction.


A Dhivya Maaran
9 posts

Posted by A Dhivya Maaran > Dec 31, 2020 11:11 AM | Report Abuse

Think of long term or sell to me. Haha.


paperplane
20620 posts

Posted by paperplane > Jan 1, 2021 10:37 PM | Report Abuse

no 1 pick APPASIA, im so sad....haha


A Dhivya Maaran
9 posts

Posted by A Dhivya Maaran > Jan 2, 2021 8:51 PM | Report Abuse

No one talked about MYEG, FRONTKN, etc too 10 years ago.


KLCI King
3186 posts

Posted by KLCI King > Jan 4, 2021 10:30 PM | Report Abuse

I saw many bloggers selling idea of “Game changing move - audit bank eConfirmation”


KLCI King
3186 posts

Posted by KLCI King > Jan 4, 2021 10:31 PM | Report Abuse

I wonder if they know the audit business at the first place?


KLCI King
3186 posts

Posted by KLCI King > Jan 4, 2021 10:32 PM | Report Abuse

Traditionally, audit firms issue requisition for audit bank confirmation to bank for the client company via ordinary postal mail and bank will reply audit confirmation also through ordinary postal mail.

bank charges the bank account holders for issuing these confirmation & these charges are ranging RM50-RM100, depending complexity of the bank products the company has with

LOOK HERE, BANK CHARGE BANK ACCOUNT HOLDER for such audit confirmation AND ALL ARE DONE VIA ORDINARY POSTAL MAILS

It is now AppAsia offers the alternative way in place of ORDINARY POSTAL WAY.

What do you think how much they can charge bank?


KLCI King
3186 posts

Posted by KLCI King > Jan 4, 2021 10:34 PM | Report Abuse

Really eye opening..... Audit bank confirmation is selling point for this company? Oh my god, pengsan....

Let do the math:

1) 400 audit firms = each has no of clients of 500
2) Estimated each client company has opened 1.5 bank accounts.
3) So, total bank confirmation needed = 300,000 PER YEAR!!!

What is estimated fee can AppAsia charge bank for each confirmation? RM1? RM2? RM10?


KLCI King
3186 posts

Posted by KLCI King > Jan 4, 2021 10:36 PM | Report Abuse

For small company offers such platform, yes, good idea & good business opportunity

But for company with market value of RM250mil???


KLCI King
3186 posts

Posted by KLCI King > Jan 4, 2021 10:37 PM | Report Abuse

Gooooooooooood luck


KLCI King
3186 posts

Posted by KLCI King > Jan 4, 2021 10:45 PM | Report Abuse

Ok, the fee is RM15.

https://klse.i3investor.com/blogs/rakuten/2020-07-27-story-h1510757086-AppAsia_Bhd_Game_Changer_e_Confirmation.jsp

Take serious note on these...

On those 1.3 million companies registered with SSM, more than half considered DEAD COMPANIES


KLCI King
3186 posts

Posted by KLCI King > Jan 4, 2021 11:02 PM | Report Abuse

The balance of the half is 600,000. So the potential is 200k companies up to 600k companies.

estimated 1.5 confirmation per company. Making potential confirmation ranged from 300k to maximum 900k case.

NOT ALL BANKS PARTICIPATING (less than 50%) AND NOT ALL AUDIT FIRMS PARTICIPATED

As illustrated in early comments, target = 300k x 50%= 150,000 cases

REASONABLE ESTIMATE & POTENTIAL SALES = 150k x RM15 = RM2,250,000!!,


KLCI King
3186 posts

Posted by KLCI King > Jan 4, 2021 11:04 PM | Report Abuse

You can project higher participants & more confirmation, but be REALISTIC


KLCI King
3186 posts

Posted by KLCI King > Jan 4, 2021 11:06 PM | Report Abuse

I repeat

NOT ALL BANKS PARTICIPATING (less than 50%) AND NOT ALL AUDIT FIRMS PARTICIPATED (400 out of 2400 audit firms registered with MIA)


KLCI King
3186 posts

Posted by KLCI King > Jan 4, 2021 11:07 PM | Report Abuse

That’s all, thank you


bursabigbull
2 posts

Posted by bursabigbull > Jan 6, 2021 7:59 AM | Report Abuse

Dear KLCI King, look at the quality of the revenue. Low cost revenue means high profit margin. At the end, all that matter is profit. Let me list down the strengths of AppAsia.

1. E- Confirm will give AppAsia a decent "non-costly and recurring" income stream and improve their profit margin.
2. Collaboration with TM shows the other tie ups with big names to potentially earn big bucks.
3. Profit margin been increasing.
4. AppAsia has various products ( refer to https://www.appasia.com ) and revenue streams and all of it has amazing prospect in future (digitalization).
5. Done right, online platforms can be very cost effective, except for initial development and launching.
6. Low/no debt.

The bottom-line is digitization is our future and AppAsia has all the potential to tap all postal dealings via creating creative and relevant digital platforms. Not to forget they are also focused on gathering talents to become THE HUB for mobile apps in the region (one of their revenue stream is developing apps for businesses, games, etc).

Imagine the long term value of this company. Hold tight or by all means sell to me. Good LUCK for you at other counters.


18KHarmoni
480 posts

Posted by 18KHarmoni > Jan 6, 2021 1:01 PM | Report Abuse

Look a bright oppotunity here, company financially not too bad but yet still negative revenue. Mun mun kasi polish


bowman
2205 posts

Posted by bowman > Jan 7, 2021 9:33 AM | Report Abuse

When prices drop, look at volume. If volume is small, that's your buying opportunity. So wait for it to go lower even. Then pick up at what u feel is lowest, based on technical predictions.


kuroro2020
22 posts

Posted by kuroro2020 > Jan 14, 2021 10:29 AM | Report Abuse

low volume...


jutawansenyap
1028 posts

Posted by jutawansenyap > Jan 15, 2021 5:20 PM | Report Abuse

Come here again.my price 0.695.need to break .74 cents.need market to push the price.warrant no volume no selling pressure anymore.now need to influence buyer

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