Do we need to listen to lies??........In April the price dropped from 11.5c to 6c in May...and there were no apparent high volume.....
Posted by Bettyem > 1 minute ago | Report Abuse Norges Bank, Urusharta & Areca already increased shares in Asiaply as of April 2023, soon will be Blackrock's turn? https://ibb.co/b5ZJQnQ
Are you aware of the percentage required to qualify as a Substantial shareholder????.....laugh die YOU!!!.....hahaha
Posted by Bettyem > 5 minutes ago | Report Abuse List of Top 22 shareholders of Asiaply including Boon Yeo & Norges Bank as of 12 April 2023. https://ibb.co/H7r5pzj
Sometimes TOP 30 shareholders also make mistake, remember those that bought GLOVE stock? Ark Invest? Cathie Wood? She miss out on Nvidea!! The differences between TOP 30 shareholders and normal retailers are the got big chunk of cash and their holding in Asiaply only account peanut portion of their portfolio. They don't mind their money rot over there for many years and they are insider, you donno what they are conspire about. Asiaply earnings are like abysmal ever since the beginning and thanks to COVID19 they hit jackpot!! How lucky are Asiaply!! Once in a life time opportunity to make money both from their business and from retailers!! Especially retailers, seeing the news that COVID19 spread via droplets and acrylic shield can prevent, they SAPU like no tomorrow. Pls think again, most virus spread via airborne and the hype already long gone. See what happen to GLOVE makers now, rock bottom, shun their production line. Asiaply is 6 cents before COVID19 with TINY profit, now after their thoughtless crazy expansion their overhead is skyrocket and cause 6 consecutive quarters loss making. Even 9 cents now seems like an illusion, it might be an opportunity for those TOP 30 shareholders to flee!! With current economy outlook domestically and internationally, you don't need a genius to tell you the outcome. Property sector in deep trouble, scratching their head, YBS and Sunsuria diversify to EV. Asiaply wanna sell to who? coming QR ought to DOOM, there will be no mistake it will plummet to 6 cents and then 3 cents!! Catch the falling knives? Anybody?
Do you know how to study QR? Disposal of associate!! Loss 2M on main biz!! The loss is double of Q1!! Even worse than before!! ASP plummet!! Overhead skyrocketed!! Get ready to bite the dust!!
Bobby pls don’t degrade yourself with such vulgar words. Investing is not easy, Betty just don’t get it and by looking at the chart won’t get you anywhere. Go read the QR!! If it just as simple as looking at the chart everybody would be a millionaire!! 3 cents is coming!!!!
That's why fools like Sailang and Fluffy Clouds are luring investors to their death since above 30c.......still telling cock and bulls stories at 9c......
Methyl methacrylate prices in the United States averaged at USD 2273/ton in 2022, reflecting the demand decline amid soaring inflation. Fall in the prices can also be attributed to the decline in prices of feedstock acetone cyanohydrin. prices were assessed at USD 1905/ton in 2022, amid slowdown in domestic demand. Prices continued to remain bearish, driven by weak market conditions and consumer sentiment, following a period of strict lockdowns ordered in the beginning of the year.
WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR Description ASIA POLY HOLDINGS BERHAD ("ASIAPOLY" OR "THE COMPANY") WINDING-UP PETITION SERVED ON ASIA POLY BIO GAS SDN. BHD., AN INDIRECT SUBSIDIARY OF THE COMPANY PURSUANT TO SECTION 465(1)(e) AND 466(1)(a) OF THE COMPANIES ACT 2016
Yes! Buy Low & Sell high! Something must be up when Director Lim buys from open market! Coming Qtr. must be profitable already? Will History Repeats? #New production lines committed to new buyer/contracts. #MMA resin price is down. #Increased exports overseas #Asiapoly Green - Increased income from renewable energy supply to TNB. Key Projects and Future Plans Asia Poly Green Energy Sdn Bhd pioneers renewable energy innovation with key projects, including the Run-of-River 35.4 MW small hydropower initiative in Pahang, Malaysia, tapping into natural resources for sustainable energy. Positioned for future growth, Asia Poly Green Energy Sdn Bhd aims to invest in regional concession assets, solidifying its commitment to a sustainable future and establishing leadership in the dynamic green energy landscape.
Biogas Power Plant and Green Energy Initiatives Asia Poly’s commitment to sustainable energy solutions is channeled through its subsidiary. Through Biogas Sulpom Sdn Bhd, a subsidiary of Asia Poly Green Energy Sdn Bhd, the completed biogas project signifies a pivotal step in diversifying energy sources. This collaboration underscores Asia Poly’s dedication to environmental stewardship, contributing significantly to the global movement for sustainable energy solutions and solidifying its position as a key player in the renewable energy sector.
#Asiapoly Business Park- New property development ventures. Located in the prime, high-traffic, and strategic area of Semenyih, Asia Poly Business Park is drawing the interest of commercial and retail businesses, due to Malaysia’s economic growth in the past year. To further improve occupancy, sales and marketing campaigns are being conducted on multiple channels, including social media and collaborations with real estate agencies.
This commercial project called Asia Poly Business Park is developed by Asiaply in Semenyih is just in front of Vista Valley@Semenyih and Kiara Plaza. Just next to Kiara Business Centre, Green Park Village@Semenyih (residential, business, office space, commercial and probably hotel skyscrapers in the South of Klang Valley with shopping mall in a park) and Volkswagen Semenyih showroom.
Seems like a new booming commercial area in Semenyih are coming up within these projects. Already Vista Valley@Semenyih which is in front of it has shop lots mostly occupied, and the Vista Valley Mall got anchor tenant which is a department store/hypermarket/supermarket. Kiara Business Centre front row all occupied and some lots occupied here and there within Kiara Business Centre. Greene Park Village land clearing and earthworks being done. Volkswagen showroom been there for a long time. In front of it is Kiara Plaza and big Shell petrol station. Nearby is also a big Petronas station.
Price for Asiapoly Business Centre shoplots starts from RM2.25 million each.
Already Breakout! Yes! Buy Low & Sell high! Something must be up when Director Lim buys again from open market! Latest Qtr. already shows promising improvements, next Qtr will profitable soon? Will History Repeats? #New production lines committed to new buyer/contracts. #MMA resin price is down. #Increased exports overseas #Asiapoly Green - Increased income from renewable energy supply to TNB.
Yes. Mma price down, investor briefing they mentioned new customer taking up new production line. Worst is over. I guess time to huat for asiapoly. Q2 result apparently will show profit liao.
Recommendation. Accumulate on any weakness since most weak holders has been flushed out. After last week's Breakout to 0.11, once Market & Foreign Funds are alerted! It's time for Asiaply to retest 0.15 followed by 0.175 and thereafter in a Bullish Market?
Key Takeaways On Asiaply
It's time to Rerate Asiaply by a Bullish Market! Asiaply has improved it's Revenue by 13% & narrowed loss by 47% compared to 1Q 2023 with Plant Automation, Higher recurring income from Hydro Plant RE business, lower MMA price & better profit margin from Exports with stronger RM. Asiaply Mgt. has done a good job to turnaround it's Business. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance.
First quarter 2024 results: #Revenue: RM33.2m (up 13% from 1Q 2023). #Net loss: RM1.18m (loss narrowed 47% from 1Q 2023).
The Case For Asiaply Group's Re-evaluation by Market #Asia Poly Industrial Sdn. Bhd. A pioneer in the production of a broad variety of high-quality cast acrylic sheets, recognised globally by the trademark A-Cast®. #Asia Poly Green Energy Sdn. Bhd. Leading Malaysia’s sustainability growth through strategic investments toward renewable energy and environmental initiatives. #High Reserve Land Sdn. Bhd. The forefront of Asia Poly’s property ventures in developing strategic business centers. https://asiapoly.com.my/
If we review the last year of revenue growth, Asiaply posted a terrific increase of 20%. The strong recent performance means Asiaply Mgt lead by Dato' Yeo was able to grow revenue by 38% in total over the last three years. So we can start by confirming that Asiaply has done a great job of growing revenue over that time.
Comparing that recent medium-term revenue trajectory with the industry's one-year growth forecast of 5.5% shows it's noticeably more attractive. Considering around half the companies operating in Malaysia's Chemicals industry have price-to-sales ratios (or "P/S") above 1.5x, you may still consider Asia Poly Holdings Berhad as an solid investment opportunity with its 0.7x P/S ratio.
The Key Takeaways Asia Poly Holdings Berhad's stock price has surged recently, but its P/S of 0.7x still remains modest with a Debt to Equity ratio of 54.3% and big landbank in Semenyih & Klang for property ventures & development. While the price-to-sales ratio shouldn't be the defining factor in whether you buy a stock or not, it's quite a capable barometer of revenue expectations.
Recommendation Accumulate Asiaply on any weakness. With good Revenue Growth, Recurring Income from Hydroplant RE Business, NTA of 13 sen and Big Landbank for property ventures, Asiaply should revisit 15 sen & 17.5 sen soon once the roadblock at 0.12 sen is broken.
Bursa is Bullish today! Recommendation Accumulate Asiaply on any weakness. With good Revenue Growth, Recurring Income from Hydroplant RE Business, NTA of 13 sen and Big Landbank for property ventures, Asiaply should revisit 15 sen & 17.5 sen soon once the roadblock at 0.12 sen is broken.
Asiaply has developed Asiapoly Business Park in Semenyih, multi storey shoplots princing starts from RM2.5 million to 4.4 million each?. It also has about 5 acres of prime land purchased many years ago at 24 million located around Jalan Kapar near Klang? The land value should be worth more now after development? https://www.hrlasiapoly.com.my/
Congrats to those who believed in my Recommendation. Apparently Big Bro Yeo & Supporters has lent their support! If you have the time pls have a look at my other recommendations for Iris, Kobay & Engtek.
Property & Construction sector is blooming with the DC prospect!! Construction material sector is moving in parallel direction as well!! Even this huge elephant Mcement price is double within a yr!! Now on paper at least over 60 DC will be build not including those land deals done recently and will keep on mushrooming!! Malaysia is a perfect nesting ground for DC, cheap MYR, cheap land, cheap electricity!! Singapore has 876 DC, Indonesia has 144 DC and Malaysia now only has 87 DC and still more room to grow and double the DC!! All these prospect will utilize acrylic and benefit Asiaply.
What happened to this lousy counter? I think this Boss really pandai to cheat outsider on buy over 50% of IT engineeringe firm said company having good prospect after involved in Data centre business. After that you see stock price lou Sai until today.
late comers on data center business ... remind us late comers on glove.. what happen now .. fundamental glove just on the black but late comers no news..
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Posted by BobAxelrod > 2023-06-08 16:01 | Report Abuse
Do we need to listen to lies??........In April the price dropped from 11.5c to 6c in May...and there were no apparent high volume.....
Posted by Bettyem > 1 minute ago | Report Abuse
Norges Bank, Urusharta & Areca already increased shares in Asiaply as of April 2023, soon will be Blackrock's turn?
https://ibb.co/b5ZJQnQ