Lets just buy this share and keep it for a while..

Its a viable business with a good growth prospect in its export markets. Solar panels plexiglass products. One of the largest in South East Asia. Dynamic management.. just keep till year end

https://homesteady.com/info-8492178-plexiglas-tempered-glass-solar-panel.html

Wow, thats nice jonathanchee

The acrylic Plexiglass grade produced by Asiaply is used for Solar panel. We are looking at this counter to play a big role in the solar panels and replacing electric cars glass windows.
Export base is growing for Asiaply

Just ignore the day to day fluctuations. We are waiting for the February Quarterly results in March

no need to panic. it has been up for so many days, a little consolidating is expected...

consolidating

It is worth investing in the Esceram business. Its healthy and cash is growing. One consolation is that the vol is steady and prices adjusting to its underlying value.
Would see if 0.845 can be breached.

It is still under the radar. Qtr ended 28th Feb should be another record good qtr. Would be good to see if the expectation is exceeded.
PE will drop unless prices move upwards.
Former business is a recurribg business because each former has a dipping lifespan of 40,000 dips more or less. As such, it is sustainable business with more machines being commissioned

perhaps they might be building their own glove production factory? After all, they are already making the formers

PE is not a real concern in this case as it is based on historical profit. If you expect the coming results to be fantastic, then, it will adjust the PE down. Same like Topglove from a PE of 20+ to PE of 5 currently

Qtr ended 28feb but results may not be so soon. Perhaps March?

Last news, the director say will hit 63,000 pieces per hour.. if it materialise, at USD70 per 1000 gloves, it should hit RM 140mio sales per annum. Not vointing the other lines coming up.
Assuming 30% margin, it will be around 50mio profit, a big jump from previos year.
Yes, welcome to criticize and correct me , no issue.

AT is doing fine. Prices are are stable. The volumes aren't there yet.

https://abcnews.go.com/Health/wireStory/bidens-covid-19-plan-masks-testing-vaccine-supplies-75398993

Thank you KK. Its great to see positivities here

Today, many of Asia Poly orders are going to USA and Brazil and Europe for the making of solar panels. Biden will announce support for clean energy. Asia Poly factory in Klang is working 24hrs. Cannot meet demand now... also covid shield for office and public transport.

results coming

As mentioned in the last qtr report, orders are packed till year end. Both Thai and Malaysian factories are producing at full swing.
I agree with Wil188.. the PE will drop once the next results are out. Financially very strong with ample cash reserves .. cash position RM40mio plus..

Hope this will shed some light .

There are China based VCs scouting for gloves deal in Thailand and Malaysia. So, funding may not necessarily come from own funds or borrowings.
Currently buyers are paying deposits upfront and are buying production line capacities. Meaning they buy total line capacity for specific periods to secure supply.

DarrenWai.. you are a good poet

This land is approximately 19 acres ..

Just bought a piece of land for 10.5 mio from Seacera in Taiping ...

Wah Today luxchem start engine

Dato Kwan.. you are more civilized..

https://says.com/my/news/victim-attacked-by-a-datuk-in-hotpot-restaurant-is-actually-a-son-of-another-datuk?fbclid=IwAR1XOMqhZpg5ssOtEFAIR811qRyP9BV_eQdcsZD9HyBz5NFDdOraNYAVgj8

Such a poor quality analysis without substance. Louzy

This is a very sensible comment.. thank you saru

can go join Atian club in fb for AT progress reports

Should go down a bit more.. but longer term its a good company and strong financials. Cash 40m

Nothing to worry. Only panic selling and large volume due tomorrow. lowest after ex bonus is 0.46 .. net cash company with good visible earnings for the next 3 quarters.. Feb, May, August..
Just invest in the business..

Its better because there are so many ready buyers who are desperate for gloves. Lead time is 10 months for nitrile. ASP currently Usd 80-90 per 1000.

Why?

Jtiasa is the cheapest Palm oil stock PE annualised at 6 only.

Price of Crude Oil is on the uptrend, shortage of soybean and corn making prices going up. Prices of soy biodiesel is also on the uptrend.
Indonesian government adamant in implementing B40 in 2021.
After CNY in Feb, Hari Raya in May...
Covid cases in India has dropped from 97,000 per day to just 30,000 today. With the largest consumer India opening up, the demand will definitely pick up further. Jan-Oct 2019 total imports from India of malaysian palm oil 4,000,000 tons while Jan-Oct 2020 total imports malaysian palm oil is 2,000,000 tons . Its only half year on year. The situation in India is very desperate and that is why the Indian government urgently reduced their import duty 10%...
Current Soy oil at USD 200 per ton higher than palm oil, other oils such as sunflower seed oil and canola is too expensive.

US and Brazillian upcoming soybean production in January harvest has been sold to China. Urgent need from China as feedstock to revive the pork industry as millions of pigs were culled last year due to African Swine flu.

Already experts are predicting CPO to hit 4300... looking at current 3700 , I wont be surprised if it hits 4000. With production cost at RM1700 per ton, I expect the next TSH quarter result to show at least RM 80mio in profit. Why? Usually, commodities are sold forward. As such the preceding quarter ending September 2020 was mainly sold much earlier at around RM 2500-2800. However, Oct-Dec prices contracted are RM 2700-3200..average should be higher BUT the astronomic profit will be for 2021 Q1 and Q2.. Prices of contracts for the shipments in this period should be between 3300 onwards.
With LaLina effect, the palm trees will suffer lower yields for a while.. in fact it is nature's way of repairing..
The last peak in CPO in 2013/2014 is nothing compared to the current shortage.Malaysian and Indonesia stocks are getting lower month on month...while the demand is increasing exponentially month on month.
Everyone talks about V shaped recovery.. commodities will be the first to rebound usually because they are what the factories would need to start production.
Those who have missed the Glove boom, this might be our golden chance. Unlike gloves, palm oil dont mature till 3-4 years.. no way to increase production unless you have upcoming maturing plants..which TSH, JTIASA is adding more and more matured acreage each year...

I am no analyst of any Investment banks but if I was, I would be picking up the stocks before I publish any recommendation.

WHO - World Health Organisation

WHO PRE COVID ... per capita consumption of gloves in USA is 75 pieces per annum , CHINA per capita consumption of gloves is 3 pieces per annum.
So, you we can see the potential of glove business.
Production in China? Yes, but transportation of latex wet ( 60% DRC ) is very costly
Secondly - the cost of energy is very high due to the colder weather in China.

so, you mean Zuellig Pharma become sor chai?

Thank you NPRA.

EPF sell a lot today..

https://www.thestar.com.my/news/world/2020/12/10/japan-government-to-buy-10500-freezers-for-coronavirus-vaccines

AT is a net cash Company now. Give it till March 2021. 3 months.. no need to worry about other counters.

Kanger never said it was working on govt procurement of vaccines. All the while, the plan is to distribute for private purchase. Now that the govt has cleared the air, Kanger looks like its at the forefront with approval from MosTI to bring in Sinopharm to Malaysia. Zuellig Pharma appointed for distribution for private use.
NPRA is a must but like most countries approval can be expedited on emergency ground.
With the latest PP placed at 0.16, it is a very fair proposal and Kanger will have the funds to pull through the vaccine project with sufficient funding.
Anyway,

Signing of collaboration is still early stage. Kanger a d Sinopharm have obtained clearance from MOSTi under YB Khairy on 23rd Nov 2020 to bring in the vaccine.
Kanger and Sinopharm are sponsoring 10,000 dose of vaccine to the Govenrment of Malaysia.
Kanger has signed up Zuellig Pharma as their distribution partner for Malaysia. Zuellig is the largest vaccine logistic distributor in Malaysia.
Proposed PP at 0.18 ...
all info above available at Google.
Have some patience and store some GUTS..

Thank you oskchoon

Thank you oskchoon for your comments above.. I invest after your confirmation and because I like to do my little bit to support the owners of AT for their GUTS and commitment. Surely, I accept whatever the outcome... in the spirit of entrepreneurship...

So, I suppose after the PP in Nov, this Company is a net cash company?

nothing to worry lah.. PP at 0.165