Asiaply has been doing well on 2020 due to producing acrylic sheets.
A lot of this acrylics sheet has been sold in vaccine centres , workplace, clinics , restaurant and etc. The fact they will continue to do well on 2021 and 2022 , more and more places will require to install acrylic sheets for SOP purposed.
Not to mentioned a lot of vaccine centre open during the EMCO, a lot of acrylic sheets has been deployed and used. We shall see the next quarter report.
fregend Management has been silent not many ppl know about their EV related business ------------------------ dun be so naive ... genetec project with tesla also not many know yet insiders push like hell
Guys don't bite or make it personnel. I believe Asiaply will do well with E.V. business / solar panel business, expansion into Europe & USA. Plus the revenue they will receive from TNB via the BioGas plant in 2022. The current uncertainties are not specific to asiaply and so I am still holding.
Asiapoly own 15% EQUITY INTEREST IN CYPRIUM WIRE TECHNOLOGY SDN. BHD who have a global vendor agreement with international technology and mobility company, Aptiv plc. Aptiv plc are listed on the New York Stock exchange and their clients include everyone from Telsa to Toyota, BMW etc. Plus Asiaply have also just set up a wholly-owned subsidiary, Asia Poly EV Tech Sdn Bhd (“APEVTSB”).
External forces having a bearing, hopefully get some more stability over the next few weeks. @Aaron Tan Tawin also announced commencement of actual work with aptiv surely a good sign for both entities. Still holding.
Out already lousy la. But hey Aaron_Tan initially I have same thought like u, after WB listing, it seem like ppl are buying. It seem like they are blocking mother to go up. Or another con job!?
Tawin's subsidiary Cyprium Wire Technology Sdn Bhd, which Asiapoly owns 15% of has now secured actual orders from Aptiv PLC group. Aptiv PLC group are listed on the New York Stock Exchange and their clients are everyone from Toyota to Telsa, BMW, etc. Asiapoly set up a subsidiary company called Asia Poly EV Tech Sdn Bhd “APEVTSB”. Asiaply is the only company listed on Bursa producing acrylic that is produced by a cold process method. Other companies producing acrylic use a hot method, which does not provide the visual clarity that the cold process provides. Hence this cold method of production allow the acrylic to be used as a substitute for car windows, as the cold production provides greater visual acuity than glass and more importantly is much lighter than glass. As a result it is particularly useful in battery operated cars where the weight of the car has a significant impact on the range / battery life.
@Edwarddong I think they will go up from here in the next quarter. We seem to have reached a fairly steady bottom range of around 0.21 - 0.22, so I would say their is a greater upside than downside now.
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unomi12
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Posted by unomi12 > 2021-08-05 11:32 | Report Abuse
Asiaply has been doing well on 2020 due to producing acrylic sheets.
A lot of this acrylics sheet has been sold in vaccine centres , workplace, clinics , restaurant and etc.
The fact they will continue to do well on 2021 and 2022 , more and more places will require to install acrylic sheets for SOP purposed.
Not to mentioned a lot of vaccine centre open during the EMCO, a lot of acrylic sheets has been deployed and used. We shall see the next quarter report.