Yes Asiapoly future is bright...but a lot of stocks are languishing during this MCO with good fundamentals. Asiaply hit its low just recently and had a little rally to just above RM0.30.. now some retracement / rest before the the next surge. Rome was not built in a day.
Did not say the journey would be an easy ride...but quarterly results will be even better than last quarter and at some point this year when the new factory doubles the production....
I just hold this position. Since this company have good FA. Nowadays market become unstable because of “Muhyiddin Nonsense Darurat”. For me this comp will soon go up. But when. Idk. For short term trader. I think this comp no going so well because slow n very slow. Hopefully going up to 40cent. Just put some faith in here, n the other faith to my God.
Yea, this company FA is very good..Just hold and buy more, as per fluffyclouds said "maybe" 1.0 is coming in 2022..Asia Largest acrylic/plexiglass manufacturer in making!
guys, no such thing as condolidate and accumulation at low price ...
as said before, when shark accumulate, they will buy up the shares ... the price will go up, then retailers all sell and they eat all(this is where price are defended from going low) ... they will not scare to buy high because they know once the price break certain higher level(aka resistance), retailers all will rush in ...
few weeks ago the price challenge 0.335 ... then sink until today...
it means shark is not inside ... else they sure will defend at 0.3 ...
@Aaron_tan, if you want to share your analysis then go ahead but don't simply say i'm stucking at this stock and laughing without knowing at my position. TQ :)
market dun look at Quarterly Results it is always pure Goreng
Example Mr DIY dun even have 2 sen earnings per share means worth RM0.20 per share only is selling at RM3.00 per share.
If Brand is visible to public, even pork seller and taxi drivers will buy Mr DIY shares
fluffyclouds Did not say the journey would be an easy ride...but quarterly results will be even better than last quarter and at some point this year when the new factory doubles the production.... 27/01/2021 7:22 PM
The cast acrylic sheet market size is expected to grow from USD 3.0 billion in 2019 to USD 4.1 billion at a CAGR of 6.4% during the period 2019 to 2024.
The acrylic Plexiglass grade produced by Asiaply is used for Solar panel. We are looking at this counter to play a big role in the solar panels and replacing electric cars glass windows. Export base is growing for Asiaply
@martinking Haha ..if only I had a crystal ball, but they are not building a new factory to double production for nothing. They would have a contract in place already. The also had enough business to deem it viable to buy a 30% stake in GB Plas Sdn Bhd (GPSB) . Plus their subsidiary Asia Poly Bio Gas Sdn Bhd has been granted a feed-in approval by SEDA to supply biogas to TNB. The 2-megawatt biogas plant will supply Tenaga Nasional Bhd (TNB) under SEDA’s feed-in tariff system for 16 years. when all this revenue filters through ...yep maybe RM.070 - RM1.00.
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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....
Aaron_tan
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Posted by Aaron_tan > 2021-01-25 10:15 | Report Abuse
gloves up it drop, gloves drop it also drop
apa lu mau ... zipek