Dato' Yeo Boon Leong buys up 12% of asiaply during the the closed period pending the announcement of ASIA POLY's financial results for the first quarter ended 31 March 2021.
Q4 2020 got one off disposal of subsidiary gain 7.9m. but I curios even excluded one off gain, why the margin drop so much as compare with Q3 2020 4.1m and Q4 2020 3.3m
Don’t panic about the qr results. It is just a report. Look at company long term future. It is an major acrylic manufacturer, also involves in renewable energy, expansionary programs, link with Tawin for automotive advance technology and karyon for polymer. Be confident.
Lol. Loss until mad already.. quarter report is to judge the company performance... you can have many projects, blow the product till sky high. But 3 months only earn 82k
The qr results already reflected in the recent price. Will turn green soon. Don’t panic The boss works very hard on the company development. I said again, manufacturing is not char Kuay tiow business. It needs time to build
@investment888 Asiaply future is very bright, the new factory will double their production capacity, the factory is targeted to complete in June, but with MCO etc...I expect some delay. Market sentiment at the moment with MCO / Covid is very depressed hence the lack luster share performance, but this is practically the same case across the board.
fluffyclouds I wouldn’t sell if I hv the confidence on the company. Share prices up and down is common. As I said, manufacturing industry need time to build and grow. Once it has built its strong foothold, this counter will not be 0.60-0.70 counter. It is RM2-RM3 or more counter. Be confident!
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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....
fluffyclouds
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Posted by fluffyclouds > 2021-05-19 16:33 | Report Abuse
its impossible to judge the market to that extent, oneday asiaply will fly....