ASIA POLY HOLDINGS BHD

KLSE (MYR): ASIAPLY (0105)

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Last Price

0.07

Today's Change

+0.005 (7.69%)

Day's Change

0.065 - 0.07

Trading Volume

55,000


9 people like this.

6,994 comment(s). Last comment by fl888 2 weeks ago

sam8888

32 posts

Posted by sam8888 > 2021-07-17 11:00 | Report Abuse

I took the advice and hold on too long, FYI, I have lots in the 40+, 30+, and 20+ did not sell because of the advice given. But looking back, I should have cut loss and ran instead of averaging down and believing in the sales pitch.
Very likely I will take the pain and just cut loss next week than to continue listening to stories that now say need long term (years) to materialize.

satha44

1,749 posts

Posted by satha44 > 2021-07-18 14:48 | Report Abuse

Hopefully we c it rise above 30sens...soon

yoyo

499 posts

Posted by yoyo > 2021-07-19 11:00 | Report Abuse

up to one capital and appetite. Some may have deep pocket and ample time to wait.

For me who only have so much of money i practise chop first if the counter is in down trend then pick up again when it show uptrend later.

Posted by fluffyclouds > 2021-07-19 11:08 | Report Abuse

@sam8888. It is definitely challenging now and yes next quarters results may not be impressive. However in 2022 they will benefit from the fixed income stream of the biogas plant and hopefully the factory operation will no longer be affected by covid in 2022 and resume at a normal production level.

CatRebound

216 posts

Posted by CatRebound > 2021-07-19 15:30 | Report Abuse

ramai cash out nampak...

yoyo

499 posts

Posted by yoyo > 2021-07-19 17:42 | Report Abuse

in

drkewsc

11 posts

Posted by drkewsc > 2021-07-19 19:51 | Report Abuse

TA wise it should have technical rebound within this few days, in view of it RSI oversold and MACD divergence as well as it is uptrending. If it can have Triangle flag break out then it will have a good rally. Bankers chips seems to be accumulating. My 2 cents.

Posted by fluffyclouds > 2021-07-20 10:04 | Report Abuse

No one has a crystal ball, but there is more upside now than downside. Still holding.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-22 16:36 |

Post removed.Why?

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-23 08:52 |

Post removed.Why?

Posted by apapuntaktahu > 2021-07-26 18:31 | Report Abuse

No energy to climb higher d... Huhu

Milo Ais

255 posts

Posted by Milo Ais > 2021-07-27 10:06 | Report Abuse

@Sam8888, if you cut loss, remember to cut half only. Otherwise, it's a painful experience if right after you cut all, the share price shoots up.

Aaron_tan

2,337 posts

Posted by Aaron_tan > 2021-07-27 10:20 | Report Abuse

once break 0.235 will heading to 0.2

Aaron_tan

2,337 posts

Posted by Aaron_tan > 2021-07-27 10:21 | Report Abuse

fluffyclouds No one has a crystal ball, but there is more upside now than downside. Still holding.
---------------------------
joker, from 0.4 talk until 0.245 ... u not tired ?

Posted by fluffyclouds > 2021-07-27 10:31 | Report Abuse

@Aaron Tan I am still holding...

Posted by fluffyclouds > 2021-07-27 10:39 | Report Abuse

The fundamentals for Asiaply are just the same as they were before, unfortunately covid has thrown stone in the works, but practically all of Bursa is suffering as well. When we get most of the population vaccinated and the economy starts to turn its cogs again...share price will go up, but sure it is a challenging wait.

Aaron_tan

2,337 posts

Posted by Aaron_tan > 2021-07-27 12:05 | Report Abuse

you keep looking at FA bla bla bla ...

as said, now klse is bearish downtrending, there are many good FA company that continue to sink ....

unless KLSE improve, FA stocks will no go up a lot ...

and if you want asiaply go 1.0, KLSE need to be super bullish and klci going to 1600/1700

if above do not happen, do not think of anything above 0.4 now

please dont just look at FA now ... it is pointless if klse remain bearish

fregend

591 posts

Posted by fregend > 2021-07-27 12:20 | Report Abuse

There is no catalyst at the moment, TA seems downtrend, those who have holding power can hold if not just cut since opportunity costs are wasted here.

Ema 1020

30 posts

Posted by Ema 1020 > 2021-07-28 10:04 | Report Abuse

fluffy, may I ask if the acrylic car windows for electric car project a secured contract or a still in talks project? Also does Asiapoly still own 15% of CYPRIUM WIRE TECHNOLOGY SDN. BHD? Stress as I m down 55% on Asiapoly and the past quarters report isn't encouraging. I have been holding Asiapoly for past 11 months.

Posted by fluffyclouds > 2021-07-28 11:03 | Report Abuse

@Ema yes Asiapoly does still own 15% of Cyprium Wire Technology and Dato Yeo Boon Leong has just bought around 24 million shares in Tawin as of 21 Jul 2021. In terms of the new projects they have not release any information about a secured contract. However Dato Yeo Boon Leong has indicate historically that they were in talks and the issue was supplying the quantity required. Now they are in the process of doubling the capacity of the factory from 800 to 1600 tonnes. Target date for work completion is 2021. I am making the assumption that they would not have spent the money to make such a big infrastructure investment speculatively, as they are to sensible and cautious to do that. So I suspect once the additional production line is operational they will make an announcement. There is no point to panic now and sell at a loss, just do nothing. The company is holding a lot of cash and has plenty in reserve to see it through. Its just a waiting game.

Posted by fluffyclouds > 2021-07-28 11:10 | Report Abuse

I cant find the press release I was looking for, but this one covers the nuts and bolts of it.

https://www.theedgemarkets.com/article/asia-poly-overlooked-stock-amid-pandemic

CatRebound

216 posts

Posted by CatRebound > 2021-07-28 16:06 | Report Abuse

Berita lama la... sudah naik harga dan sekarang trend turun

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-29 08:49 |

Post removed.Why?

Aaron_tan

2,337 posts

Posted by Aaron_tan > 2021-07-30 09:05 | Report Abuse

Wow break 0.235 pleaseeeeee

Posted by fluffyclouds > 2021-07-30 10:39 | Report Abuse

@Arron_Tan if you sold up all the plant and machinery of Asiapoly and liquified all its assets. The shareholders would get sens 0.20 per share. So the market is currently saying the additional value of the business is only sens 0.04. Buy now and hold for 12 months!

ViWizard

780 posts

Posted by ViWizard > 2021-07-30 12:05 | Report Abuse

wah wat happen drop dao so low

Posted by BetterTomorrow > 2021-07-30 20:28 | Report Abuse

Normal to drop, why not? Malaysia Market sentiment is so week. This counter is not being manipulating and is trading at perfect liquidity. Public float is so big.

canbuyla

545 posts

Posted by canbuyla > 2021-07-31 19:49 | Report Abuse

chart showed pump and dump almost every month...soon will pump up again and sell again...clearing every level...so obvious

Aaron_tan

2,337 posts

Posted by Aaron_tan > 2021-08-02 12:03 | Report Abuse

i already said bad KLSE/KLCI sentiment drag most stocks down now

dont just look at FA ! FA only work during bullish sentiment.

many FA stock which are better than asiasply also drop

currennly theme that is in play in KLSE are tech and those low share issued stocks like edaran

Nathan27

425 posts

Posted by Nathan27 > 2021-08-03 09:58 | Report Abuse

Wah, still not done dropping….

unomi12

342 posts

Posted by unomi12 > 2021-08-03 10:26 | Report Abuse

Seems like AsiaPly will rebound soon.

Posted by fluffyclouds > 2021-08-03 11:53 | Report Abuse

I remember saying I wont sell at 0.42 because I am investing for the long term ...lol

arlaxeat

45 posts

Posted by arlaxeat > 2021-08-03 12:59 | Report Abuse

What kind of long term was this? Clearly manipulated by the chef

yoyo

499 posts

Posted by yoyo > 2021-08-03 13:11 | Report Abuse

cut loss again, shit....

Posted by fluffyclouds > 2021-08-03 13:16 | Report Abuse

@arlaxeat asiaply will have the additional income from the biogas powerplant and from doubling their output capacity, which would start to come through in 2022. So i guess my timeline is around Q1 / Q2 of 2023

arlaxeat

45 posts

Posted by arlaxeat > 2021-08-03 13:18 | Report Abuse

Old news Mr promoter, until q1 2023 the price will be downwards

Posted by fluffyclouds > 2021-08-03 17:12 | Report Abuse

@arlaxeat I doubt it, the vaccination rate is clocking up good numbers, by December we should have a lot more certainty. A couple of good quarters in 2022 and the price should reach a more meaningful level.

Aaron_tan

2,337 posts

Posted by Aaron_tan > 2021-08-04 07:04 | Report Abuse

0.4 talk until 0.22 losing almost 50% … not tired r ? Lol

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-04 08:48 |

Post removed.Why?

Posted by fluffyclouds > 2021-08-04 10:24 | Report Abuse

@aaron_tan you always giving me bad news after the event ...lol. Still holding though. Just wish I had more bullets to buy at this price. 4/8/2021 @ 0.22

Aaron_tan

2,337 posts

Posted by Aaron_tan > 2021-08-04 10:41 |

Post removed.Why?

Posted by fluffyclouds > 2021-08-04 11:13 | Report Abuse

@Aaron_Tan you should grab it at this level. Few months time and you will never see 0.20++ again....

Posted by alanchongym > 2021-08-04 12:34 | Report Abuse

Wow! This is the time I will go to this Asia Poly. Hope it is time for Asia Poly investor win the war.

unomi12

342 posts

Posted by unomi12 > 2021-08-04 13:19 | Report Abuse

The boss keep collecting . Don’t worry positive news will come soon. If you look at the chart , low volume is pushing the stock down . However it will rebound soon.

mindful

20 posts

Posted by mindful > 2021-08-04 14:35 | Report Abuse

The company could have done a better job by disclosing more information in its quarterly report.

unomi12

342 posts

Posted by unomi12 > 2021-08-04 15:01 | Report Abuse

coming soon, be patience why chase high when you cn buy low. :)

Aaron_tan

2,337 posts

Posted by Aaron_tan > 2021-08-04 19:57 | Report Abuse

Unomi dont talk coxk, you also don’t know how low it will drop

Aaron_tan

2,337 posts

Posted by Aaron_tan > 2021-08-04 21:21 | Report Abuse

1 quarter only earn 82k haha

Aaron_tan

2,337 posts

Posted by Aaron_tan > 2021-08-04 21:21 | Report Abuse

0.2 is fully value

unomi12

342 posts

Posted by unomi12 > 2021-08-05 11:05 | Report Abuse

Lol Aaron you don’t even know how to identify the quarter report. Do you know what’s the reason they make 82k profit for the last quarter ?

Don’t cry later . :)

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