KLSE: APPASIA (0119)       APPASIA BHD ACE : Technology
Last Price Today's Change   Day's Range   Trading Volume
0.705   +0.01 (1.44%)  0.69 - 0.705  574,200
Analyze this stock with MQ Trader system


Market Cap: 256 Million
NOSH: 363 Million
Avg Volume (4 weeks):1,639,083
4 Weeks Range:0.65 - 0.745
4 Weeks Price Volatility (%):
52 Weeks Range:0.10 - 0.91
52 Weeks Price Volatility (%):
Average Price Target: 0.93
Price Target Upside/Downside: +0.225

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2020 [#3]  |  23-Nov-2020
Next QR | Est. Ann. Date: 31-Dec-2020  |  26-Feb-2021
T4Q P/E | EY: -584.48  |  -0.17%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.0771  |  9.14
T4Q NP Margin | ROE: -0.59%  |  -1.56%


Date Subject
23-Nov-2020 Trading Stocks - Appasia
16-Oct-2020 Stocks on Radar - AppAsia (0119)
06-Oct-2020 Technical View - AppAsia Bhd (APPASIA, 0119)
23-Sep-2020 Trading Stocks - Appasia
18-Sep-2020 AppAsia Bhd - E-Confirmation Driving Growth
17-Sep-2020 APPASIA - LETS GO DIGITAL ! ! !
07-Sep-2020 Technical View - AppAsia Bhd (APPASIA, 0119)
10-Aug-2020 PublicInvest Research Headlines - 11 Aug 2020
05-Aug-2020 Technical View - AppAsia Bhd (APPASIA, 0119)
28-Jul-2020 PublicInvest Research Headlines - 28 Jul 2020
27-Jul-2020 AppAsia Bhd - Game Changer e-Confirmation
08-Jul-2020 APPASIA - Technical Outlook [8/7/2020]
08-Jul-2020 Stocks on Radar- AppAsia (0119)
28-Jun-2020 [转贴] [Facebook live video:浅谈Appasia bhd (Appasia)] - James的股票投资James Share Investing
26-Jun-2020 Evening Market Summary - 26 Jun 2020
08-Apr-2020 Trading Stocks - AppAsia
10-Mar-2020 PublicInvest Research Headlines - 10 Mar 2020
10-Mar-2020 Mplus Market Pulse - 10 Mar 2020

Business Background

AppAsia Bhd engages in the research and development and sale of information communication technology (ICT) security systems, and provision of related professional services. It operates through the following segments: ICT Security Business, E-Commerce Business, and Management Services. ICT Security Business segment provides the solutions, products, and services in the information technology security sector. It includes managed security services, security-enhanced enterprise solutions, and specialized training services. E-Commerce Business segment engages in the research, development, and operation of the e-commerce websites and mobile applications. Management Services segment is focused on investment holding and provision of management services. Firm’s majority revenue comes from Malaysia.
Trade this stock for as low as 0.05% brokerage. Find out more.

  6 people like this.
kenken85 still here a? no worry la. it will back to 70cent today. or less than 70 cent
29/12/2020 12:06 PM
NIWV maybe got new year surprise. nobody knows. but this counter is best for long term. it is highly secured.
29/12/2020 12:09 PM
Kok Heng definitely a new GEM in bursa
29/12/2020 12:21 PM
jutawansenyap Ready to take off this evening!!!
29/12/2020 12:22 PM
jutawansenyap Company buy back share lorr
29/12/2020 12:24 PM
bowman No need to worry if you bought in at 30sen previously. It's only a matter of when to sell, if to sell.
29/12/2020 12:38 PM
paperplane great stock, go go go. wkaka
29/12/2020 1:57 PM
jenli84 @jutawansenyap Take off this evening?
29/12/2020 2:20 PM
jutawansenyap Yup.if maintain above 72 cents near to 4pm,will break resistance 74 cents.Jerung already masuk before noon
29/12/2020 2:33 PM
jenli84 is at 0.73 now
29/12/2020 2:54 PM
jutawansenyap Resistance 74 cents.break next TP 83 cents
29/12/2020 2:58 PM
jutawansenyap Tapi kalau dah naik tu ikutla nak jual berapa ye.I'm scalper,i set my profit a day.Long term i tak tahu.short term very good.chart very cantik.Good luck!!!
29/12/2020 3:09 PM
jutawansenyap By 4 pm shud break resistance.if operator inside here read,dont worry,i wont damage your plan.
29/12/2020 3:10 PM
jenli84 cause i when i buy in sept is 0.74. no profit yet
29/12/2020 3:23 PM
jutawansenyap Oo i see...next time dont chase price unless chart ok..FA next year baru tahu ok atau tak ok.
But company already buy back.shud be good.just keep.
29/12/2020 3:26 PM
jutawansenyap Buying rate more than 60%,will trigger a big intra day buying this evening.now already 74 cents.wait...
29/12/2020 3:27 PM
jenli84 patiently waiting
29/12/2020 3:30 PM
jutawansenyap Refer to gcap.how greedy operator create buying interest.thats the way operator shud work.dont buy,only for your study.i managed few hundreds Gcap less than 3 minutes just now.hehehe
29/12/2020 3:36 PM
kenken85 pull up n let u all eat. n shark lari ady.. rakuten buy call always lousy one
29/12/2020 3:40 PM
bowman If this can break 0.78 over next few days, you can hope for the retracement back to 0.83 and chart new high above 90sen for the year, setting a benchmark for next year's growth.
29/12/2020 3:50 PM
jutawansenyap Okla.kalau tak break ptgni,esok i kasi gap up 0.745 cents.
29/12/2020 4:10 PM
A Dhivya Maaran Next QR can boost the counter but still got 1.5 months for that. Until then, will move up slowly only. Anyways, slow and steady is always good.
29/12/2020 4:39 PM
jutawansenyap Jerung besar on board now.Esok meletop
29/12/2020 5:02 PM
jenli84 belum meletup
30/12/2020 9:59 AM
jutawansenyap Chart cantik dah.tunggu masa.i try to open 0.745 this morning nobody follow.kekeke.sold mine at .74.
30/12/2020 11:51 AM
jenli84 good for u as I'm still waiting
30/12/2020 11:52 AM
savingprivateryan Eh, jerung besar singgah Sealink dulu ke @jutawansenyap hihihi
30/12/2020 12:13 PM
A Dhivya Maaran As I said earlier, this stock has big potential in long term. It need no shark to push it up.
30/12/2020 2:53 PM
AimanHassan93 still waiting to break 0.8 smh
30/12/2020 3:06 PM
A Dhivya Maaran I can say once next QR release, can touch 1.00. Hopefully. Let's hold tight folks.
30/12/2020 7:44 PM
kenken85 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.
30/12/2020 8:07 PM
A Dhivya Maaran Think of long term or sell to me. Haha.
31/12/2020 11:11 AM
paperplane no 1 pick APPASIA, im so sad....haha
01/01/2021 10:37 PM
A Dhivya Maaran No one talked about MYEG, FRONTKN, etc too 10 years ago.
02/01/2021 8:51 PM
KLCI King I saw many bloggers selling idea of “Game changing move - audit bank eConfirmation”
04/01/2021 10:30 PM
KLCI King I wonder if they know the audit business at the first place?
04/01/2021 10:31 PM
KLCI King 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


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

What do you think how much they can charge bank?
04/01/2021 10:32 PM
KLCI King 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?
04/01/2021 10:34 PM
KLCI King For small company offers such platform, yes, good idea & good business opportunity

But for company with market value of RM250mil???
04/01/2021 10:36 PM
KLCI King Gooooooooooood luck
04/01/2021 10:37 PM
KLCI King Ok, the fee is RM15.


Take serious note on these...

On those 1.3 million companies registered with SSM, more than half considered DEAD COMPANIES
04/01/2021 10:45 PM
KLCI King 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.


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

04/01/2021 11:02 PM
KLCI King You can project higher participants & more confirmation, but be REALISTIC
04/01/2021 11:04 PM
KLCI King I repeat

NOT ALL BANKS PARTICIPATING (less than 50%) AND NOT ALL AUDIT FIRMS PARTICIPATED (400 out of 2400 audit firms registered with MIA)
04/01/2021 11:06 PM
KLCI King That’s all, thank you
04/01/2021 11:07 PM
bursabigbull 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.
06/01/2021 7:59 AM
18KHarmoni Look a bright oppotunity here, company financially not too bad but yet still negative revenue. Mun mun kasi polish
06/01/2021 1:01 PM
bowman 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.
07/01/2021 9:33 AM
kuroro2020 low volume...
14/01/2021 10:29 AM
jutawansenyap 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
15/01/2021 5:20 PM

I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Earn MQ Points while trading with MQ Traders Group
MQ Affiliate
Earn side income from MQ Affiliate Program

457  490  616  543 

Top 10 Active Counters
 PRG 0.285+0.055 
 PNEPCB 0.42-0.08 
 XOX 0.105-0.005 
 AT 0.185+0.01 
 SEALINK 0.18+0.015 
 GPA 0.125+0.015 
 IRIS 0.405-0.01 
 JCY 0.515-0.07 
 MTRONIC 0.105+0.005 
 ASIAPLY 0.30+0.03 


1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!