Asiaply is not just a 'ppe' counter. They are building a new factory, which will double their current production capacity. Once they can deliver more acrylic products they will then be able to supply the automotive and solar power industries. Plus they also have a steady income from their biogas project which will supply power to TNB for 21 years under the initial contract.
yes fluffy, all these good news.... have only brought the share price lower and lower. have you wonder why ??? smells anything?? something is seriously wrong !!! Obviously, someone is using these good news to sell , distribute to to retailers...
My understanding is that all the good news / business fundamentals are still there...what changed was the maturation of the warrants and some larger investor holdings. Hence my thoughts are asiaply share price is near the bottom and there should be a strong recovery during 2021. I am therefore content to continue holding for what is potentially a significant upside. Same reasons I invested in Jaks.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
terence775
550 posts
Posted by terence775 > 2020-12-29 17:08 | Report Abuse
Haha patience lar aiyo..