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2017-06-09 23:49 | Report Abuse
if one reads the 2016 AFR, the director has already given the hint. Based on PCB tracks records of securing 300mil-400mil of construction orderbook/pa, 2017 orderbook will be 700mil+300mil which equal to 1bil of construction segment. But it is noted that the management is positive to achieve 1.5bil of orderbook for FY 2017. It means that for FY 2017, PCB need to secures minimum of 800mil of projects. Sense something?
2017-06-07 22:31 | Report Abuse
Of course by looking at current business perspective and situations, being depending on acrylic business itselft would be quite tough for the management in longer terms. But if you behind the book, the efforts that being given by the management, action speaks louder than words. diversifying into property development which they acquire hrlsb that already have a parcel of land including approval from authorities to develop and turns the empty land into commercial land with gdv of aorund 50-80 millions, should be a good start. being able to acquire PT Rimba in Indonesia which in advance have secured the contract to construct/develop/operate/maintenance of 12MW hydro power plant with contract value of 92mil, would be enough to keep the company busy at least for another 2 years. What i foresee in these power plant is, the attractive recurring and stable income that can contribute to the top line earnings.
As a conclusion, imo, in longer terms, it is worth to invest into these type of low profile companies where the management are committed to unlock and improve shareholder value by diversifying its business model to generate recurring income and increase in revenue.
2017-06-07 05:09 | Report Abuse
read the announcement. after 2015 right isuue, the management right issue again in 2017. this time you think it off as would it be worth it or not. right issue 2017 will be icps at 5cents with warrants. warrants exercise price is at 10cents. some more proposed variation of existing warrant at the deviation of 34%. for the whole exercise, do take note that the management foresee previous private placement for the directors at 13cents is not enough to fund the working capital, setup new coating plant and acquisation of hrlsb for 16mil. hrlsb is directors owned company. right issue is proposed to be fixed at 16cents. what say you? strong uptrend? be smart in making money. don't let the chart used you.
2017-06-05 20:25 | Report Abuse
ismylife73...malaysia property market have been soften for the past few years. there's no point of developing more properties if they can't sell it off. imho, the best for psiptek at these current situation is to have some jv's on either construction or propeties dev.
2017-06-05 15:55 | Report Abuse
correct. with esos and private placement at 16 cents, what to expect? These will be another salted fish for a long time you've can imagine off. would you buy at higher price if you already know they ride it on more lower price?
2017-06-02 14:54 | Report Abuse
correct. what to expect from a company with no new projects from their core business segment?even to collect own money from customers also be like super duper slows. does this trigger u something? with company hv no policy on revaluation on their assets, only relies on past 5-10 years projects which hv been secured previously, and the most important things to take note is, even the director itself being very cautious on its own business. be wise guys, don't let the fools, fooled u forever..cheers..
2017-06-02 14:45 | Report Abuse
undervalue....so funny. it is deeply overvalued with weak business fundamentals. acrylic casting. no demand business wating to collapse in a matter of time. soon it reflected the price. just be patient and wait..
2017-05-31 10:44 | Report Abuse
gogogo asia poly. nice waterfall. 3 more days before 15cents.
2017-05-30 15:08 | Report Abuse
kns. waiting at 15cents. faster queue. by friday should reach 15cents. bad management and company business fundamental very weak.
2017-05-25 18:09 | Report Abuse
good luck guys. tomorrow early morning all buy queue will disappeared. sell queue will become triplets.. Welcoming 9.5 cents.ha ha ha
2017-05-25 18:05 | Report Abuse
get ready for the big sell down tomorrow ya..ha ha ha..as told TP 15 cents. Very-very big and strong DOWNTREND coming. ha ha
2017-05-03 10:24 | Report Abuse
Check announcement bro ara08
2017-04-18 18:10 | Report Abuse
TP 22cents by 2020. Be patient guys..insider news.
2017-04-14 09:35 | Report Abuse
Hahaha...told before that big sell down is coming. Just relax and enjoy the show. 15ents the TP
2017-04-11 14:05 | Report Abuse
Big sell down coming. Next station 15cents
2017-04-02 12:44 | Report Abuse
Hi all. Newbie here. Just load my cds with some bullets. Can someone here give some views on ilb and prtasco. My remiser recommend me to buy these 2. I can't understand what he's talking about. Technical analysis bla bla bla..hope to hear from all experts here and please give me opportunity to learn how to make money. Thank you..
Stock: [ASIAPLY]: ASIA POLY HOLDINGS BHD
2017-07-21 08:31 | Report Abuse
Only one day show la bro. After a while, director need some money. Few cents gain enough. In fact don't forget 27 Nov is right issue date. 13.5 cents. Cheap skate strategy..