ASIA POLY HOLDINGS BHD

KLSE (MYR): ASIAPLY (0105)

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Last Price

0.11

Today's Change

+0.005 (4.76%)

Day's Change

0.10 - 0.11

Trading Volume

901,300


9 people like this.

6,921 comment(s). Last comment by sailang_now 50 minutes ago

Posted by fluffyclouds > 2022-09-14 13:44 | Report Abuse

Yes definitely 2 - 3 years, but market will see how. Thing is not to constantly watch the share price and stress.

Posted by chienweilim8139 > 2022-10-17 16:27 | Report Abuse

what is next target price to wait ?

Posted by fluffyclouds > 2022-10-17 20:25 | Report Abuse

Still holding....

Posted by fluffyclouds > 2022-10-19 13:45 | Report Abuse

awaiting update on new factory which will quadruple production.
https://www.theedgemarkets.com/article/asia-poly-buys-keng-imports-exports-rm24m

SomaCruz89

124 posts

Posted by SomaCruz89 > 2022-10-21 11:18 | Report Abuse

20 cents soon

Posted by fluffyclouds > 2022-10-25 12:48 | Report Abuse

Probaby people buying in low, as they know the new factory is not far away....

tap70

172 posts

Posted by tap70 > 2022-10-25 18:27 | Report Abuse

Fluffy 3rd line Jalan d mar..
New factory is what d ar?
Kind to enlighten?
Here very quiet ever since that Benny father issue guy..

Posted by fluffyclouds > 2022-10-25 19:28 | Report Abuse

Asiapoly had been in discussions with a purchaser for their product, but the concern of the purchaser was that there current factory was too small to deliver the quantity they needed. So Asiaply started to look for a new and bigger factory, in the end they landed up buying KENG IMPORTS & EXPORTS SDN. BHD who had a suitable sized factory that was very close to there existing unit. Once this is fitted out and running they will be able to produce around 3200 metric tonnes, they originally could only produce 800 tonnes . They acquired KENG IMPORTS & EXPORTS SDN. BHD back in May, so they been working on it for around 5 months. Looking forward this factory will kick into production at some point.

Posted by fluffyclouds > 2022-10-25 19:32 | Report Abuse

All this really came about through covid, as during that time there was strong demand for the plastic shielding , as a result Asiapoly started to increase sales in America, Europe & Middle East. This resulted in them becoming more well known and as a result they got opportunities to do more business.

Posted by fluffyclouds > 2022-10-25 19:35 | Report Abuse

Asiapoly is the only listed company on Bursa that produces acrylic sheet by the cold manufacturing process, most use a hot method, which results is that opaqueness. The cold method allows for great visual acuity which superior to glass.

Posted by fluffyclouds > 2022-10-25 19:38 | Report Abuse

major uses in the future will be in the automotive industry and solar panels. Electric cars will benefit as acrylic is much lighter than glass.

Posted by fluffyclouds > 2022-10-25 20:11 | Report Abuse

The Board of Directors of Asia Poly wishes to announce that the Company via its wholly-owned subsidiary, Asia Poly EV Tech Sdn Bhd (“APEVTSB”) had on 15 March 2021 together with Cyprium Wire Technology Sdn Bhd (a subsidiary of Ta Win Holdings Berhad) formed a new company known as Cyprium Asiapoly EV Sdn Bhd (“CAESB”) 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.

Posted by fluffyclouds > 2022-10-25 20:14 | Report Abuse

from the above press release the key point is in the last line....

tap70

172 posts

Posted by tap70 > 2022-10-25 20:50 | Report Abuse

Oh ya.. Keng imports.. it took them quite some time for the 3rd line.. so don’t get your hope up too early for this..
Their sales to US is getting worse..
No news from solar panel and automotive rear screen..
Acrylic still not scratch resistance..
And prone to heat under the sun may cause it to release harmful gas..
US is going to recession..
So many expansion..
Still can sell to US?

Posted by fluffyclouds > 2022-10-25 23:36 | Report Abuse

@tap70....You asked for my view...still holding

SomaCruz89

124 posts

Posted by SomaCruz89 > 2022-10-26 10:24 | Report Abuse

Then 40 cents by end of the year?

Posted by fluffyclouds > 2022-10-26 19:41 | Report Abuse

This is an old press release in the Edge

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

'“The US market alone is probably worth US$1.2 billion per annum. Our total exports to the US are merely RM20 million per year. We are relatively small in the global market, but of course, the market potential is huge,” Yeo says.

Post-pandemic, the next big thing for Asia Poly could be serving the automotive and solar panel industries.

“Today, the sports car and electric vehicle (makers) are making window, windshield, lamp and meter screens using acrylic instead of glass, which is too heavy.”

He reveals that Asia Poly has been approached by a solar company and is now exploring the possibility of supplying acrylic to it.

“There are still certain criteria to be met. We are working closely ... we will see if we can achieve the quality and volume that they require.”

A year later they invest in a factory that boosting their production capacity from 800 tonnes to 3200 metric tonnes. quadrupling production.
Back in 2020 they were only thinking to double production up to 1600...Nobody does that on a speculative basis....

Posted by fluffyclouds > 2022-11-04 13:18 | Report Abuse

still holding....

skytaxi

36 posts

Posted by skytaxi > 2022-11-24 21:40 | Report Abuse

Tommorow bom asiaply..heaven

fhis

1,197 posts

Posted by fhis > 2022-12-14 14:50 | Report Abuse

watch out for asiaply...

SomaCruz89

124 posts

Posted by SomaCruz89 > 2 months ago | Report Abuse

engine starts. Time to fly above 0.4 ~~~

Posted by fluffyclouds > 2 months ago | Report Abuse

gong xi fa cai

SomaCruz89

124 posts

Posted by SomaCruz89 > 2 months ago | Report Abuse

fluffy gong xi fa cai. After CNY asiaply shot to 0.4

Posted by shiningmoon > 1 month ago | Report Abuse

buy

LossAversion

1,653 posts

Posted by LossAversion > 1 month ago | Report Abuse

don't be fooled....again!

123eztrade

586 posts

Posted by 123eztrade > 1 month ago | Report Abuse

big profit is coming this Q ???

Posted by shiningmoon > 3 weeks ago | Report Abuse

loss money

Posted by BobAxelrod33 > 2 weeks ago | Report Abuse

Cham lor!!! 3 Q of Losses and yet support TakWin shares.....

Soon, PP and RI to raise funds for working capital?? PN17??

Posted by BobAxelrod33 > 2 weeks ago | Report Abuse

Back to 9c?

BobAxelrod

6,654 posts

Posted by BobAxelrod > 2 weeks ago | Report Abuse

You must have fallen for the vaccine plays 3 years ago and now falling again for Ev plays.....LOL

BobAxelrod

6,654 posts

Posted by BobAxelrod > 2 weeks ago | Report Abuse

Who said vaccine play still on?? Low IQ Sailang cannot read English?

Sailing aka Fluffy clouds?

BobAxelrod

6,654 posts

Posted by BobAxelrod > 2 weeks ago | Report Abuse

Please go back to school and learn better English.....

The words were, " you were tricked by vaccine plays 2 years ago??" and now by EV plays?

nicholas99

7,957 posts

Posted by nicholas99 > 2 weeks ago | Report Abuse

nope.

BobAxelrod

6,654 posts

Posted by BobAxelrod > 2 weeks ago | Report Abuse

Hahaha...sailing the low IQ deleted his own mis-understood statement........how pathetic! Better go back to school.

Posted by sailang_now > 2 weeks ago | Report Abuse

Just sharing for the benefit of all in the Forum..no need to be personal...decision to buy or sell is up to you... :)

Will Asiaply"s subsidiary Asiapoly EV Tech benefits from Tesla entry into Malaysia similar to EV boom in Thailand?...
https://asia.nikkei.com/Spotlight/Market-Spotlight/EV-boom-creates-unlikely-stock-market-star-in-Thailand
https://www.thestar.com.my/business/business-news/2021/03/18/ta-win-incorporates-new-jv-firm#openShareModal

BobAxelrod

6,654 posts

Posted by BobAxelrod > 2 weeks ago | Report Abuse

Which level at Penthouse are you trapped???

First you want everyone to hear you say their newly purchased plant would be operational within months.

Then you spread the EV plays......sigh!

Posted by sailang_now > 2 weeks ago | Report Abuse

Sharing is caring...no need to shoot the messenger...
Anyway we think Datuk Yeo' is progressing nicely with refurbishment of Asiaply's new factory at 4 1/2 Mile Jalan Kapar next to Caltex...pass by factory everyday, so post progress here for the benefit of fellow Forumers...

BobAxelrod

6,654 posts

Posted by BobAxelrod > 2 weeks ago |

Post removed.Why?

SomaCruz89

124 posts

Posted by SomaCruz89 > 2 weeks ago | Report Abuse

0.2 soon.

BobAxelrod

6,654 posts

Posted by BobAxelrod > 2 weeks ago | Report Abuse

9c coming.

SomaCruz89

124 posts

Posted by SomaCruz89 > 2 weeks ago | Report Abuse

BobAxelrod at penthouse?

BobAxelrod

6,654 posts

Posted by BobAxelrod > 2 weeks ago | Report Abuse

You must be sick in the head to even suggest I would touch anything that has a romantic relationship with TakWin.

Posted by BobAxelrod33 > 8 hours ago | Report Abuse

LOL...crashing and dying in tandem with TakWin........TakWin bustards already contaminated the acrylic sheets with vomits....

Posted by BobAxelrod33 > 8 hours ago | Report Abuse

muther f^*ker fluffy clouds still holding his 2 mm dick since 35c????

Posted by sailang_now > 50 minutes ago | Report Abuse

Datuk Yeo/Asiaply made a profit of RM4 million from sale of 15% Cyprium for RM12 million? These 15% Cyprium shares was originally purchased for RM8 million? The extra cash of RM12 million could be used to refurbish the new Asiaply factory along Jalan Kapar?...
https://www.orientaldaily.com.my/news/business/2023/03/23/554989

https://m.marketscreener.com/quote/stock/ASIA-POLY-HOLDINGS-20701427/news/Asia-Poly-Holdings-Berhad-completed-the-acquisition-of-15-stake-in-Cyprium-Wire-Technology-Sdn-Bhd-35668868/

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