Posted by Aaron_tan > 2020-11-28 19:19 | Report Abuse

Jackfruit this is the consequences of keep ask money from
Investor through right issue

Posted by shadowz > 2020-11-29 20:45 | Report Abuse

next week test 40cents

Posted by huat_ar > 2020-11-30 10:09 | Report Abuse

Agree with you Jyinvest.. but still.. people like dog wont understand.. =) peace

Posted by Aaron_tan > 2020-11-30 11:30 | Report Abuse

Guys, take note on the covid rising in klang which asiaply factory located. This could be the reason why price keep sinking after result out. Some people like dog may choose not to agree

Posted by roger3210 > 2020-11-30 12:38 | Report Abuse

36million asiaply-wa expire soon by 15th dec, more conversion and more sell down later :D Asiaply already gone case yet u guys sohai still holding on it.

Posted by Aaron_tan > 2020-11-30 13:01 | Report Abuse

Agree with roger. Today will close 0.34. Friday see 0.25

Posted by 123eztrade > 2020-11-30 13:09 | Report Abuse

technical reading on chart is showing very weak..Roger and Aaron are right...with all the fishy acquisitions the mgmt are making, very soon all the money in the company will be gone...no point to invest and hold...sell la

Posted by veron teo > 2020-11-30 13:36 | Report Abuse

wo wo wo wo wo....... yuan lai... another acc.......

Posted by Aaron_tan > 2020-11-30 14:07 | Report Abuse

From 0.45 drop until 0.35. Means bearish. Sohai veron

Posted by veron teo > 2020-11-30 14:12 | Report Abuse

Wo wo wo wo wo wo wo.... yeaaa wo wo wo wo...

Posted by martinking > 2020-11-30 14:43 | Report Abuse

they come in a group now, hahaha....woof

Posted by Aaron_tan > 2020-11-30 14:46 | Report Abuse

genius here, asiaply technically alreadt below all key MA lines ... this mean 1 word - BEARISH !

Posted by fluffyclouds > 2020-11-30 17:20 | Report Abuse

Asiaply, a lot good things going for this company, whilst no one has a crystal ball, this dip is likely to be temporary. In 2021 the income from the new factory and the latest acquisition will bring in some great revenue. If you bought now Roger you could potentially double your money in 2021!

Posted by fluffyclouds > 2020-11-30 17:21 | Report Abuse

Current share price ...RM0.36 ..30th November 2020

Posted by lau9639 > 2020-11-30 17:38 | Report Abuse

fluffyclouds. Agreed with what you said! After the warrants conversion in mid Dec,, coupled with good results announced in January 2021 and Chinese New Year, the price will spike high

Posted by Aaron_tan > 2020-11-30 17:51 | Report Abuse

Lol dreamer . You better join my vivo. No need wait so long to double. Next week will go 2

Posted by Aaron_tan > 2020-11-30 18:40 | Report Abuse

My remiser ask me to avoid asiaply at all cost. Conversion of warrant a should plunge asiaplu until 0.25

Posted by fluffyclouds > 2020-11-30 20:38 | Report Abuse

If you were right Aaron_Tan the fund that bought in at RM0.416 would have lost nearly 50% of their value in less than 3 or 4 months. Funds don't spend 36 million without doing there due diligence!

Nothing has changed asiaply still has the same bright future ahead of it...in truth, you just don't get opportunities like this every day. There is only one way this share price is going in 2021 and that is up!

The new factory is going to double production....Directors have mentioned a large contract in the press and that they need to demonstrate that they can supply the quantity and quality, hence asiaply is acquiring another factory. Asiaply is also the only acrylic manufacture listed on bursa!

Asiaply is also one of the few acrylic manufacture that uses a cold manufacturing process rather than a hot manufacturing process. The advantage with the cold process is it allows the acrylic better visual clarity...

Asiaply is just quietly doing it business.This is a proper company in the business of doing business, not goreng the share price up for 10 minutes with blogs and press releases.

Posted by Aaron_tan > 2020-11-30 20:48 | Report Abuse

Dont look at earning so much. See my vivo. Announce average result but going
To limit up tomorrow ...

Posted by Aaron_tan > 2020-11-30 21:13 | Report Abuse

Flufflyclouds, this world got sure earn investment? If got please let me know ya

Lol

Posted by lau9639 > 2020-11-30 22:13 | Report Abuse

How to compare Asia poly with Vivo? It is like comparing diamond and stone. Be patient! Soon time will tell

Posted by fluffyclouds > 2020-11-30 22:37 | Report Abuse

Lol ...Aaron_tan nothing in life is certain apart from death and taxes!...but my view is... if you buy Asiaply tomorrow and hold until 2021 ...you should get a great return..... I put my money on it.

I just think opportunities like this don't come around every day. This is a super unique situation.

Sadly it was covid that catapulted Aisaply into Europe and the USA. But before this their sales were none existent in these regions.

But through Covid,Asiaply got a foot in the door in USA and Europe. Now the product is known and trust is built ...Asiaply went from no sales to 25% of its sales abroad in this short time. No doubt there is further room for expansion. This should be just the tip of the iceberg.

Once substantial profit is made for more than 2Q .....

Posted by Aaron_tan > 2020-12-01 07:01 | Report Abuse

Fluffy, asiaply before covid is 4-5 cent penny. Now at 0.36. Fully fully value for current and future earnings. As said technically it has fall below all MA lines except 200. Long term downtrend start from here.

Posted by fluffyclouds > 2020-12-01 07:25 | Report Abuse

Just need some patience.... Rome was not built in a day.

Posted by Aaron_tan > 2020-12-01 10:09 | Report Abuse

Patience does not apply to stock market. This is not planting

Posted by huat_ar > 2020-12-01 10:28 | Report Abuse

Aaron bro.. just let them la.. why u keep dislike what they do.. they got the freedom to invest on whatever stock.. if down also their own choice waddd...
come.. go limit up ur vivo ~

Posted by Aaron_tan > 2020-12-01 10:47 | Report Abuse

because dont want u all loss your pants

Posted by 123eztrade > 2020-12-01 12:13 | Report Abuse

seriously when investors became devotees...is really time for fluffy to loss pants and most likely loss big time....think hard fluffy.... many good undervalued stocks out there la.... fr recent fishy deals, I don't trust AP...be careful

Posted by sam8888 > 2020-12-01 13:47 | Report Abuse

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.

Posted by Aaron_tan > 2020-12-01 17:21 | Report Abuse

Klci close 40+. Asiaply close red? Lol

Posted by JackTan1217 > 2020-12-01 17:32 | Report Abuse

Time to run this stock, no more power adi

Posted by lau9639 > 2020-12-01 22:38 | Report Abuse

Those who have got no confident,please run as fast as possible! A solid company with quantum leap profit, solid expansion program,diversified business development, solid young energetic team! Who do you want to believe?

Posted by HrryPttr > 2020-12-02 00:29 | Report Abuse

Tomorrow limit down. Back to 4-5 cent soon

Posted by sam8888 > 2020-12-02 00:50 | Report Abuse

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

Posted by Aaron_tan > 2020-12-02 07:29 | Report Abuse

Lau I believe the price movement... keep going south... i believe will touch 0.3 matter of days due to expiration of warrant A

Posted by fluffyclouds > 2020-12-02 10:06 | Report Abuse

Price seems to good not to top up ?

Posted by Aaron_tan > 2020-12-02 10:43 | Report Abuse

0.3 only good price

Posted by Gooner82 > 2020-12-02 14:21 | Report Abuse

0.3 is very solid support. Tempting to enter now or wait for 0.31-0.32

Posted by EvilWithin > 2020-12-02 14:56 | Report Abuse

ASIAPLY is a company that produces a plastic sheet called Cast Acrylic Sheet. It was established in 1993. Back then, the company was only operating in a 200,000 square foot factory and a production line. After years of development, the company has developed its own product called A-Cast. With the increase in product demand and output, the product is supported by global network distribution. When the company was first established, the output of this product was 200MT per month. Now the company's output of this product reaches 600MT per month. AsiaPoly also has some real estate business.

Main business:
ASIAPLY mainly produces its own brand of Cast Acrylic products, A-Cast. The company has customers in Malaysia and foreign countries. According to the latest annual report (2019), 73% of the Cast Acrylic produced by the company is exported abroad, including Asian countries, Australia, Europe, and North America. The company also exports more stringent quality Cast Acrylic to Japan, Brazil, Australia and the United Kingdom. The company's products are manufactured according to customer requirements and can only provide customers with higher value and services.

The company's products provide good light transmission and can resist degradation caused by ultraviolet rays. Compared with glass, Cast Acrylic Sheet also has stronger shatter resistance and higher resistance to chemicals. These characteristics are needed in many different fields, such as construction, industry, transportation, automobiles, restaurants, and the medical field that has recently been touted.

Performance report:
The turnover of ASIAPLY this time is RM30.119 million, a 244% increase over the previous quarter. The increase in revenue was mainly due to increased demand in the local and export markets. The company received strong demand from new customers in the US and European markets. The net profit was RM4.077 million, an increase of 476% from the previous quarter. The net profit for this quarter is still the highest quarterly in the 12 years since 2018. The main reasons for the improvement in performance were the increase in average selling prices this quarter, the reduction in material costs and the increase in plant utilization. The company's business is mainly distributed in Brazil, India, Malaysia, the Middle East, the United States and Europe. This time, the average profit of each region has doubled from the previous quarter, especially in the United States, where the business grew the most, which tripled.

In the latest quarterly record, the company has expanded. The company’s industries, factories, and machines have almost doubled from the previous quarter, which is believed to be in response to more business in the future. But the relative debt has almost doubled, but it is still within a reasonable range of borrowing. Another good news is that even if the company’s cash now totals RM64.702 million, which has doubled from the previous quarter, the company can do more with this money in the future.

The company spent a lot of money to invest in the latest quarter, the largest of which was to acquire other PPE companies, and the profits of these new subsidiaries will be included in future quarters. In addition, although the company has increased a lot in financing activities, it is mainly from private placement, conversion of ICPS, exercise of warrant and money borrowed from subsidiaries, so you don’t have to worry about the company having to pay a lot of interest in the future because of borrowing.


Outlook:
Acrylic die-cast panels are used for many purposes, and because of the epidemic situation, acrylic panels have been installed in shops, restaurants, offices, hospitals and other public places during the year to prevent the spread of viruses and to stay away from society. The demand for acrylic die-cast plates has soared. According to a study, the global cast acrylic sheet market is expected to grow by 5% to 6% annually. In addition, the company has received strong orders from new customers in the United States and Europe. This allows the company to enter one of the world's largest acrylic consumer markets. Based on the above two reasons, the company believes that future orders will continue to grow.

In addition, due to the increase in sales orders, the company expects that factory utilization will increase in the next few quarters, thereby increasing efficiency and reducing production costs. The management also said that they believe that fiscal 2020 will be a strong year of growth for them.
#The above content is taken from the network

*The trading volume is gradually shrinking in the past few days. Observe whether 0.35 is supported or not. It will advance a small batch at this price. If it does not fall below, it will continue to increase the position

Posted by fluffyclouds > 2020-12-02 14:57 | Report Abuse

Never say Never...but I doubt 0.30 is going to be on the cards...there was always strong support at 0.32..but I would be surprised if it reached that level.

Posted by Aaron_tan > 2020-12-02 15:09 |

Post removed.Why?

Posted by martinking > 2020-12-02 15:16 | Report Abuse

roger team will sell down to 30c below soon, buckle up!

Posted by veron teo > 2020-12-02 16:01 | Report Abuse

WOOF.. ROGER THAT!!! WAITING HEHE

Posted by Aaron_tan > 2020-12-02 16:14 | Report Abuse

wow got people throw 0.34 already ...

Posted by martinking > 2020-12-02 16:21 | Report Abuse

ready to all in soon, on your mark..

Posted by EvilWithin > 2020-12-02 18:02 | Report Abuse

Soon it will fly ..lol. ..who CL ..pls sell to me...huhuhu

Posted by Finnmm > 2020-12-03 08:45 | Report Abuse

Who else stuck around 435? Why keep dropping?

Posted by huat_ar > 2020-12-03 09:26 | Report Abuse

haha datoo ye0 busy fry another counter..

Posted by EvilWithin > 2020-12-03 09:55 | Report Abuse

Go go go..lol..i said it..

Posted by canbuyla > 2020-12-03 23:15 | Report Abuse

not up sign
drifting down to no where, can't see the bottom yet
just let it drop n wait for bottom forming.
don't ever average down...
don't buy
if have sell sell sell