I took the advice and hold on too long, FYI, I have lots in the 40+, 30+, and 20+ did not sell because of the advice given. But looking back, I should have cut loss and ran instead of averaging down and believing in the sales pitch.
Very likely I will take the pain and just cut loss next week than to continue listening to stories that now say need long term (years) to materialize.

Go ahead, remember this share shot up from 6 cents to 60 cents and have spiral down till 25 cents now. Fluffy have been asking people to buy and hold since 45 cents. So do your maths how much it had reduced in value.
You can hold and keep for another 1 year maybe, for me I rather move to other counters to make some bucks first, maybe when I come back the price is even lower. Will only come back when I see profits, for now it is unattractive, knowing next QR is weak, price might go down further when QR is out.. This is my 2 cents…if want to hold on for long term, many more attractive counters out there, I am not contra player, but looking at how the share price movement is not helpful. FYI, I have hold on to this counter too long, always hearing hot bright the future is, but share price says a different thing.

Everyday say company cash rich, think EMCO company not operating no need expenses? This is loss making period, will burn through the cash very quickly, next QR sure in the red. Last QR full term open also only profit 82K, lower than CEO salary. What do you think Leh?
Recent PP price both times also cannot sustain, shares kena dilution + price drop.

Market lousy everyday drop, market good no movement. Hahaha, share like this how to buy?

Thinking thinking, no auditor but can submit QR report…. Can believe?

I think this Karin guy is pulling a fast one to stop the price going down.
They cannot even satisfy KPMG’s red flag and threaten to sue pulak.
Gangsters, maybe SD is the one rather than KPMG.

I think they wanna stabilize the price and exit or stop the margin calls only, hoping KPMG will settle with them out of court at a later stage, by then they would have already settled all their margin calls/issues and probably resigned.

Do remember it is the duty of auditors to raise red flags if something is not healthy and audit committee is responsible to rectify it. But they failed

If any law sued, it should come from major shareholders rather than the company management as this is a public listed company, not their grand father company.

KPMG keeping quiet is a smart move, they are analyzing the situation, any statements given is subjected to be used against them in court, they will gather all evidence and wait for the legal letter. No point coming out to bark now especially facing nasty people.

IMO, short term SD shares will uptrend and. Stablise but will go down the drain later on.
Be very cautious on this, might be able to make fast money but high risk of suspension anytime by SC.

Why got people placing so much on the sell side to defend it from going up ah?

Shit, just noticed they PP again, no wonder they blcck the share going up by placing so high volume. Same like previous PP.
Market good also don’t know how to push up, market down time keep red red.

Will Asiaply open during MCO3.0

Your matter of time is 10 years, 20 years, 50 years?

@lau9639, wow, barely 30 cents now you talking about RM2-RM3, even the previous high of 60 cents also cannot sustain leh. A realistic TP will be good la but RM2 or RM3 is impossible in this economic situation, it sounds more like SKL talking

Tomorrow have to see what will happen to SPMX QR la

What’s the point of keep promoting when the share price is portraiting something different? Price is less than 50% of the high just 3 months ago and it’s even less than PP price.

Smart investor, why keep showing nov 2020 news?

Lousy counter, always deop

Wow, stock also influenced by fengshui master now.

Lukesharewallker, No volume at all how to accumulate? Morning trade till now only 405 lots traded.

Lau, stock price speaks louder than words.
Your hard sell everyday does not work, I only believe in figures

Yup, especially with lau and fluffy keep hard selling.
Many excuses buy share price speaks louder.
Price had been spiraling down from high of 60 cents till 36 cents now and today’s volume is so low.
No more interest in this stock.
Asking people to buy now and wait till next year for harvest, people rather buy other counters that gives better return.

@lau9639 u are too optimistic, everyday hard sell. No way Asiapoly can become biggest acrylic sheet manufacturer in Asia. Below list of Arcylic sheet manufacturers in Asia for reference:-
Evonik
Mitsubishi Rayon
Altuglas (Arkema)
Polycasa
Plaskolite
Taixing Donchamp
Unigel Group
Jiangxi Oulida
Jumei
Jiushixing
Guang Shun Plastic
Shen Chuen Acrylic
Raychung Acrylic
Asia Poly
Elastin
GARY Acrylic Xishun

@small_Iikan COH changed because of public placement, not because of business

Aaron, not declaration oh, he has intention to trade during closed period.

Erik, is this disposal?

B4b4, internet services in other countries are roaming services, the infrastructure does not belong to xox, same like in MY, the lease Celcom’s infra.
Other countries, it is just agreement,
5G in other countries (if any) does not have any effect to XOX, because it is not theirs.

Maybe someone can enlighten me.
Xox share now 12 cents, given warrant C free I still need to fork out 16 cents to exercise. Warrant price higher than mother share? I think it does not make sense, right?
And now more shares are coming in, price should be diluted, means go down logically, right?

I observed There are people preventing this stock from going up by placing huge volume in the sell side, And pushing it down whenever people start buying up. It had been like this for since PP offered, that’s why not seeing any upside progress.

@Kit Ben, then what is the reason? I still dont understand. No sane investors will buy at higher price than the market, right?

Hi Kit Ben, thanks for your reply, but I think they do PP because they have a big investment for next year and they need the cash.

really don't understand how this PP works, I thought in order to entice people to invest, the fair price should be at least the 5 days average price of PP which is 0.455, then it makes sense for investors to lock in their money. but the price is moving towards the offer price which is 0.415, who would want to put money in and get locked up but price difference from market is so close? someone please correct me if my thoughts are wrong.

stupid share become stagnant already, volume disappeared, pp @ 0.415 but price keep sliding towards the pp price, and no one coming to rescue or bring price up. how the pp going to be successful?