A lot of counters took a real dive today, not entirely sure why, the idiosyncrasies of the market. Still asiaply held up above RM0.30 so quite happy with that, particularly when I look at the loss of some other counters.
@ Aaron_tan...sorry to hear that...I am still holding up or down. You need to hold through some rough water to get to the destination. A lot of counters being effected at the moment.
The reason I bought asiaply is the second factory that will come on line hopefully 2Q / 3Q 2021 which will double production. We have not seen any revenue from that factory just yet, so I will hold until we do.
It is better in the longer run that Asiaply has full control of the second plant as compared to taking a 30% in another factory. The current PE is only 15. Asiaply has exposure to healthcare and copper wiring through Tawin, renewable energy and Cold extrusion acrylic which is very sought after due to its higher clarity and better light penetration in solar panels. Its a good opportunity to accumulate more. Last quarter results cash position increased to RM 70mio
Many counters are dropping on Bursa you either sell or hold through. Just be thankful you were not in DNEX whose daily share range has travelled from 0.565 - 0.685 today!
from this moment onward hard to get 0.28-0.285 d ... if can get you will cry ... hahaha ... but tomorrow may be can get, if dow jones sink another 600-1k tonight
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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....
pisangbanana
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Posted by pisangbanana > 2021-02-28 21:48 | Report Abuse
Yea Hrry, like coming back to i3 forum...haha ure a joke