@bennywhittman

https://www.theedgemarkets.com/article/ta-win-bags-contract-supply-cables-auto-components-aptiv-malaysia

Tawin won a contract with Aptiv group!! You know that company listed on the New York Stock Exchange. Aptiv group's clients are like the whose who in the automotive Industry BMW, toyota, Telsa list goes on.

@bennywhittman, luckily this is not the case. They are in the process of increasing their production levels quite substantially.

@i3lurker ...often seems like that ...lol. Its a sell on news mentality for 2 or 3 sens increase rather than a hold on to enjoy the real long term benefit, but in time asiaply will deliver.

@somacruz89 funds already generated few years back.

@sailang this expansion has been on the cards for quite a while, it just got slowed down due to covid. Asiaply have end purchasers in mind. They just needed to satisfy them on the quantity and quality of Asiaply production. So this acquisition is very good news for Asiaply. Asiaply have been focusing on the E.V. market. All the info is in my previous commentary.

Good News ...been waiting a fair while for that to go through.

@i3lurker you get out of the wrong side of the bed this morning ?

@i3lurker all the best with your trading strategy and good luck! But please stop scare mongering in the various chat groups just to facilitate a better position for you to buy back in after selling and having gained a few sens profit.

Once we get passed covid, the general elections and the second factory is in full swing, asiaply will properly fly.......

@i3lurker is it not still the 11th today ?

Still holding...

Really ....Still holding, as I expect better quarterly results ahead.

i3lurker.

I see you bought @ 0.16, sold @0.165 and are now trying to be a fear Munger again! No such luck Charlie. Happy New Year !

Only 18 mths back everyone was saying similar about Bumi Armada, but they managed to pull back quite nicely. Sapura has good assets, many others are not so asset rich. They still are winning contracts and oil and gas is a cyclical market currently on the rise. They just need to manage the profitability of their contracts better coming out of the pandemic.

If I recall correctly share breakup value / assets around RM0.47

Signing off for the year. Wishing all Good Health & Happiness in 2022....

Still holding....

still holding....

'We have engaged with key stakeholders and they have been supportive' that tells you enough.

Unlikely ....Still Holding

lol...if you bought now and held ....you would be quite happy with the results in 12 months time

Ta Win: Begins construction on electron beam irradiation plant. Copper product manufacturer Ta Win Holdings has commenced construction on Malaysia's first local privately owned electron beam irradiation plant. The facility will be located at the subsidiary Cyprium Wire Technology existing manufacturing facilities in Alor Gajah Industria Estate in Melaka and is targeted for completion by April 2022. (The Edge)

too short sighted, of course the quarter will still be effected by covid.

Ta Win: Begins construction on electron beam irradiation plant. Copper product manufacturer Ta Win Holdings has commenced construction on Malaysia's first local privately owned electron beam irradiation plant. The facility will be located at the subsidiary Cyprium Wire Technology existing manufacturing facilities in Alor Gajah Industria Estate in Melaka and is targeted for completion by April 2022. (The Edge)

So you need to wait April 2023 to see real value, as I recall they said they were going to build up to three plants.

Everywhere I turn E.V. is the future and with the tax breaks worldwide governments are providing it makes it a no brainer.

'The Management is confident that, there will still be strong growth after this pandemic period.'

Hardly a surprise @Aaron_Tan.

'The manufacturing segment recorded a revenue of RM16.691 million, was 41.7% less than the revenue of RM28.606 million recorded in the corresponding quarter 2020. The decrease in revenue was mainly due to the lockdown implementation in Q3 2021 and therefore operations was affected.'

What business has not been effected by Covid ?

Still holding .......

They have won loads of contracts, oil stocks are low, demand is catching up to pre pandemic levels. Q1 / Q2 2022 quarantines will be reduced or stopped completely and worldwide air travel will spring back into life. I remember when everyone was a bit jittery about debt levels of bumi armada when the share price got down to something like sens 0.14, but it bounced back to 0.50 ish..Sapura just needs some better revenue quarters and it will fly.

MR LIM TECK SENG, a company director bought another 100,000 on the dip...He has now nearly doubled his holdings in the last 2 months or so.

Still holding...probably hit sens 0.70 in 2022.....

@valuesearcher..I think Tawin is just one of those opportunities where you need to hold for a few years to ride train to the end destination.

MR LIM TECK SENG, a company director bought another 100,000 on the dip...

I am long term holder, neither buy nor sell. Its moving in the right direction, give it time.......

AA is totally different, cannot compare apples and oranges

Oil price rising, USA storage empty, Sapura won loads of contracts. Substantial shareholder buying up huge amounts. World economy picking up you see less cars on the road or more ? coldest winters expected Europe..Yes you guys should sell...I topped up today.

https://www.thestar.com.my/business/business-news/2021/11/01/ta-win-signs-rm26bil-exclusive-three-year-supply-contract-with-posco

still holding....great news! what a bonus!

I am going to wait and see how the E.V. business pans out. Asiapoly is the only company listed on Bursa producing cold manufactured acrylic to me that's like having only top glove in the rubber glove industry...

@skwong8908 Yes. Asiaply have a 15% holding in Cyprium Wire Technology Sdn Bhd. a subsidiary of Tawin. Tawin will be doing the copper cabling in E.V. and have recently won a contract from Aptiv plc who are registered on the New York Stock Exchange and have clients from Telsa to Toyota.

Asiaply are able to produce automotive parts and have recently set up a separate whole owned subsidiary Asia Poly EV Tech Sdn Bhd (“APEVTSB”).

Cyprium Wire Technology then formed a further company with APEVTSB which is now known as Cyprium Asiapoly EV Sdn Bhd (“CAESB”). The official business description is, ' under the Companies Act 2016 with the principal activities of manufacturing and distribution of power and signal distribution system, high tension cable, battery cable and any other automotive parts or components for automobile and electric vehicles using patented cross-linking/ionizing radiation treatment which utilises electron beam irradiation technology as well as cast acrylic products for the automotive industry.

There is also a lot of synergy between these two companies at Dato' Yeo Boon Leong runs Asiapoly and is also the chairman, non ex director of Tawin.

Asiapoly is also in expansion mode and is in the process of doubling there production capacity with new infra structure. They have been hinting in press releases about this sinse 2020 and indicated that the reason was due to either E.V demand or solar panels.

Asiaply also has a Biogas plant in Kelantan, this is now fully functional and they have a deal to supply power to Tenaga Nasional for 21 years at a feed-in-tariff rate of up to 38.3 sen per k/Wh. We should see some profits from the plant in 2022.

definitely wont be long before it pushes past sens 20.

With the amount of work they have won and current oil price / supply demand imbalance share price should go up, people just looking a current debt levels, which will resolve.

Sens 20 ....this week ?

You give me the money tap70 then of course I would have ...lol

Still holding....

@valuesearcher Dato Yeo also topped up in Asiaply, but they had just sold about 5% of Asiaply net worth in KARYON INDUSTRIES BERHAD, so they had funds to deploy and they were able to obtain attractive entry points in both entities.

'oil is loosing its uptrend' . How is that ? World economy just starting to get back to 'normal'. Demand for oil and gas is going to increase substantially in the next 12 months. More planes in the sky, more cars on the road etc etc. Going to be uptrend for next 12 months for sure.

On a positive note DATO' YEO BOON LEONG bought up another 9 million Asia Poly shares.

Hopefully bounce back to sens 20 in the near future....

lack of computer chips is currently slowing down production levels of EV cars. Many customers on waiting list, that will take a few quarters to wash through.

To win a six month contract from Aptiv who is listed on the New York stock exchange and whose clients include Toyota, Telsa, BMW, etc. Tawin would have had to prove there capability pretty well for Aptiv to be confident enough to engage Tawin. If Tawin perform then for sure going to get more work. See how, but for me still super promising start.

0.125 - 13/10/2021

@valuesearcher....I will be here well into 2022 maybe even beyond. Tawin and Asiaply are targeting the EV market. EV market will explode in demand over next 5 years. They only need a small slice of it.

Trouble is not selling along the way. Say Tawin hit 0.35 ..difficult not to sell right?...but what if it hit RM1.5 later on or even more ?

Of course today everyone just laughs ...