Still holding mother and wb, plus Asiaply

Despite it getting challenging I am just holding through, but I accept no quick bucks and I am willing to hold into 2022. Once the factory starts making acrylic windows for electric cars and the expansion works are complete doubling their production ...share price will reflect that. Unless you are in the semi conductor market can't expect magic in current environment.

If you look at the shares bought by the company directors Dato Yeo bought millions between 0.385 and 0.41.

Shell is doing very well at the moment, its good to hear the new CFO has so much experience with Shell.

They only just won the work for the frame contract from Aptiv group. Why you guys even care about this QR!

@valuesearcher what are your plans for your warrants ?

However don't expect anyone to apricate it as soon as the share price gets turbulent!

@valuesearcher...your efforts are noted.

@Ema 1020 Yes Asiapoly are currently holding around 19.6 million ringgit worth of tawin shares. Dato Yeo is also holding around 20 million ringgits of Tawin shares personally and of course Asiapoly holds 15% EQUITY INTEREST IN CYPRIUM WIRE TECHNOLOGY, which is a Tawin subsidiary.

Unfortunately need to wait until 2022, but that's not that far away, economy is now starting to open, lets see in 2Q -3Q 2022...

old press release, but info for those who are new

https://www.thestar.com.my/business/business-news/2020/12/14/asia-poly-on-expansion-drive

One day this counter is going to fly....no press releases, but there expansion plans to double production should be close to finishing.

If they have the money to buy back shares they think the current share value is cheap.

Still holding....

@anis8179, he bought 300,000 shares @ 0.14

If you look at DATO' YEO BOON LEONG holdings he purchased significant quantities(millions) around March - April 2021 in a range of 0.285 - 0.385.

@risktoreward that was a good buy!

All Great News for Those that Hold Tawin long term.

Edge headlines / articles today.....

Porsche AG sees‘huge’ demand for all-electric Taycan — CEO.

Toyota Motor Corp plans to spend ¥1.5 trillion (US$13.7 billion) on the supply and development of batteries for hybrid and electric vehicles
(EVs) by 2030, joining other global automakers boosting investments in anticipation of greater demand.The world’s No 1 automaker will commit roughly ¥1 trillion for production lines,Toyota executives announced at an online briefing.....

@Edwarddong I think they will go up from here in the next quarter. We seem to have reached a fairly steady bottom range of around 0.21 - 0.22, so I would say their is a greater upside than downside now.

@better tomorrow, EV is a massive once in a 'life time' type growth opportunity, have to be fast to grab market segment. There will be a unbelievable change in the next 5 years in the automotive industry.

The Pharma business, Royce Pharma they only bought a percentage of, but that percentage gave them a profit guarantee of RM10 million for the first year and RM10 million for the second year. Not to bad to have secured such confirmed income in the current market conditions!

The number of car manufactures coming into Malaysia is increasing, Porsche together with Sime Darby have just set up a local assembly plant.

https://newsroom.porsche.com/en/2021/company/porsche-asia-growth-engineering-capacity-china-assembly-capacity-malaysia-25558.html

Tawin's subsidiary Cyprium Wire Technology Sdn Bhd, which Asiapoly owns 15% of has now secured actual orders from Aptiv PLC group. Aptiv PLC group are listed on the New York Stock Exchange and their clients are everyone from Toyota to Telsa, BMW, etc. Asiapoly set up a subsidiary company called Asia Poly EV Tech Sdn Bhd “APEVTSB”. Asiaply is the only company listed on Bursa producing acrylic that is produced by a cold process method. Other companies producing acrylic use a hot method, which does not provide the visual clarity that the cold process provides. Hence this cold method of production allow the acrylic to be used as a substitute for car windows, as the cold production provides greater visual acuity than glass and more importantly is much lighter than glass. As a result it is particularly useful in battery operated cars where the weight of the car has a significant impact on the range / battery life.

Porsche is now setting up a local assembly plant together with partner Sime Darby, another potential opportunity for Tawin.

Expected, MCO.3 still in place. Still Holding.

Extract from Q Report - , 'The Management is confident that, there will still be strong growth after this pandemic period.'

Nice to see you in a jovial mood Aaron :)..... Still Holding

Estimated for the warrant is approximately 8 - 12 days post 13th of August.

External forces having a bearing, hopefully get some more stability over the next few weeks. @Aaron Tan Tawin also announced commencement of actual work with aptiv surely a good sign for both entities. Still holding.

Still Holding...

TAN POO CHUAN, a director of Tawin just bought 2 million shares at 0.16.

Better to have directors quietly getting on with business than manipulating share price. Slow and steady.

Asiapoly own 15% EQUITY INTEREST IN CYPRIUM WIRE TECHNOLOGY SDN. BHD who have a global vendor agreement with international technology and mobility company, Aptiv plc. Aptiv plc are listed on the New York Stock exchange and their clients include everyone from Telsa to Toyota, BMW etc. Plus Asiaply have also just set up a wholly-owned subsidiary, Asia Poly EV Tech Sdn Bhd (“APEVTSB”).

Guys don't bite or make it personnel. I believe Asiaply will do well with E.V. business / solar panel business, expansion into Europe & USA. Plus the revenue they will receive from TNB via the BioGas plant in 2022. The current uncertainties are not specific to asiaply and so I am still holding.

@Aaron_Tan you should grab it at this level. Few months time and you will never see 0.20++ again....

@aaron_tan you always giving me bad news after the event ...lol. Still holding though. Just wish I had more bullets to buy at this price. 4/8/2021 @ 0.22

@arlaxeat I doubt it, the vaccination rate is clocking up good numbers, by December we should have a lot more certainty. A couple of good quarters in 2022 and the price should reach a more meaningful level.

@arlaxeat asiaply will have the additional income from the biogas powerplant and from doubling their output capacity, which would start to come through in 2022. So i guess my timeline is around Q1 / Q2 of 2023

I remember saying I wont sell at 0.42 because I am investing for the long term ...lol

@Arron_Tan if you sold up all the plant and machinery of Asiapoly and liquified all its assets. The shareholders would get sens 0.20 per share. So the market is currently saying the additional value of the business is only sens 0.04. Buy now and hold for 12 months!

I cant find the press release I was looking for, but this one covers the nuts and bolts of it.

https://www.theedgemarkets.com/article/asia-poly-overlooked-stock-amid-pandemic

@Ema yes Asiapoly does still own 15% of Cyprium Wire Technology and Dato Yeo Boon Leong has just bought around 24 million shares in Tawin as of 21 Jul 2021. In terms of the new projects they have not release any information about a secured contract. However Dato Yeo Boon Leong has indicate historically that they were in talks and the issue was supplying the quantity required. Now they are in the process of doubling the capacity of the factory from 800 to 1600 tonnes. Target date for work completion is 2021. I am making the assumption that they would not have spent the money to make such a big infrastructure investment speculatively, as they are to sensible and cautious to do that. So I suspect once the additional production line is operational they will make an announcement. There is no point to panic now and sell at a loss, just do nothing. The company is holding a lot of cash and has plenty in reserve to see it through. Its just a waiting game.

The fundamentals for Asiaply are just the same as they were before, unfortunately covid has thrown stone in the works, but practically all of Bursa is suffering as well. When we get most of the population vaccinated and the economy starts to turn its cogs again...share price will go up, but sure it is a challenging wait.

@Aaron Tan I am still holding...

@valuesearcher reading between the lines I suspect some part of a deal fell through with asiapoly and Tawin hence Dato sold all his holdings, now he has bought back in I am guessing they got over that stumbling block. Asiaply also owns a 15% EQUITY INTEREST IN CYPRIUM WIRE TECHNOLOGY SDN. BHD, which is a subsidiary of TaWin. Asiapoly are looking to provide the windscreens and windows for electric cars as the acrylic screen they produce are much lighter than glass and also have better visual acuity. Dato runs asiaply and is also an non executive director of Tawin, so there is some synergy in this for both business.

@learningdaily the share price has been bouncing around between 0.135 and 0.15. TaWin are due to issue some free warrants in the foreseeable future. Because of Covid, the majority of Bursa has taken a slump, however Tawin has held up fairly well. Tawin revised business model is to tap into the demand for electric vehicles, they will supply the copper cables for the electric vehicles. To this end the have secured a global contract with Aptiv, who are listed on the New York Stock Exchange and have all the big car manufactures as clients, everyone from Telsa to Toyota. Whilst this new development is unfolding Tawin has supplemented there business income by acquiring Royce Pharma which has guaranteed cash payouts over the next two years. Plus with the recent share sub division the company have cash. My own take on this and I am not a sifu, is we are near the bottom of the market and the bad news has already been priced in, so if you buy and hold for a few years, assuming all goes well with there business plan, I would say the outlook is positive.

A nice finish for us anyway Valuesearcher.

No one has a crystal ball, but there is more upside now than downside. Still holding.

@sam8888. It is definitely challenging now and yes next quarters results may not be impressive. However in 2022 they will benefit from the fixed income stream of the biogas plant and hopefully the factory operation will no longer be affected by covid in 2022 and resume at a normal production level.

Buy and hold at this level. All the bad news has been built into this price, their is now far more upside than downside. Company is also cash rich and can weather the storm, sit back, do nothing. Still holding.

Imagine buying now at 0.25 and then looking at asiaply share price in July 2022!!