Posted by tklim > 2016-05-17 15:27 | Report Abuse

Buy 0.37 better....after that limit up to 0.77....ha..ha.....ha....

Posted by Guo Yong Soh > 2016-05-17 17:56 | Report Abuse

When can up to 0.30

Posted by SyedIbrahim > 2016-05-17 19:38 | Report Abuse

Beli je sebab berita positive kesemuanya

Posted by travoltakeong > 2016-05-18 07:40 | Report Abuse

All Positive.....Profit.....dividend ...good management etc.....Vacuum anything below 0.28.......moving towards 0,37 to 0.42......and highly likely will move higher after that...All the best...

Posted by travoltakeong > 2016-05-18 07:43 | Report Abuse

Board: ACE Market
Sector: Industrial Products
Avg Volume (4 weeks): 5,147,268
4 Weeks Range: 0.23 - 0.285
52 Weeks Range: 0.175 - 0.81
Average Price Target: 0.77
Price Target Upside/Downside: +0.495

Posted by travoltakeong > 2016-05-18 08:18 | Report Abuse

Analyze the numbers given by The Edge...TP 0.77 is within reach.....or very close....

http://klse.i3investor.com/blogs/the_edge_stock_with_momentum/95101.jsp

Posted by TomyamGong > 2016-05-18 09:46 | Report Abuse

Market is bad. Better stay away

Posted by travoltakeong > 2016-05-18 09:52 | Report Abuse

Support 0.27.......resistance 0.28......BUY.....

Posted by travoltakeong > 2016-05-18 10:04 | Report Abuse

0.275......last call......

Posted by Guo Yong Soh > 2016-05-18 11:59 | Report Abuse

Travoltakeong your TP?

Posted by TomyamGong > 2016-05-18 12:19 | Report Abuse

No more support. 0.27 que for sell now

Posted by winPLUSwin > 2016-05-18 13:51 | Report Abuse

0.275 a lot of tickets. Need to finish absorb before to test 0.28.

Posted by travoltakeong > 2016-05-18 14:46 | Report Abuse

no worries....just watch if you are not buying.....

Posted by xenon > 2016-05-18 15:36 | Report Abuse

i believe can go to 0.30

Posted by nahcee > 2016-05-18 16:05 | Report Abuse

good ..keep buying n holding

Posted by kellysgk > 2016-05-18 16:27 | Report Abuse

Will back to 0.25 and below soon. No more 0.30. Haha

Posted by Up_down > 2016-05-18 16:41 | Report Abuse

Is it the waste management plant so powerful that contributing the great reduction of material costs by mixing DMMA with MMA in the production of cast acrylic sheets?

News: Thursday, 30 July 2015

KUALA LUMPUR: Asia Poly Holdings Bhd has proposed a rights issue and a special bumiputra issue with the aim of raising funds to retire part of its borrowings and to set up a waste management plant, as well as complying with the bumiputra equity requirement.

In a filing with Bursa Malaysia, the cast acrylic sheet manufacturer proposed a two-call 2-for-1 rights issue along with free detachable warrants on a 1-for-3 basis.

The ACE Market company, whose share price has more than tripled since the year started, also proposed a special issue of up to 15% of its enlarged issued and paid-up capital to bumiputra investors to be recognised by the International Trade and Industry Ministry.

The proposed exercise, among others, allows the company to raise capital without incurring interest costs, issue new Asia Poly shares without diluting the existing shareholders’ equity interest, and adhere to the 12.5% bumiputra equity requirement.

The issue price of 10 sen per rights share will be payable in two calls - first call of 5 sen per rights share to be payable in full on application and second call of 5 sen per rights share to be payable via capitalisation of the share premium and retained earnings of the company. Entitled shareholders won’t have to fork out more cash after paying for the first call.

The warrants, meanwhile, will have an exercise price of 10 sen per warrant.

On the proposed special bumiputra issue, Asia Poly noted that the Securities Commission, in a letter dated April 23, had given it 18 months (by Oct 22) to meet the 12.5% bumiputra equity requirement. As at Dec 12, 2014, bumiputra investors held only 0.63% equity interest in the company.

Based on the first call of 5 sen per rights share and an assumed issue price of 22.5 sen per bumiputra share, Asia Poly expects the exercise to raise total gross proceeds of between RM14.8mil and RM17.69mil.

Of the proceeds, it plans to use RM8.9mil to RM11.8mil to repay bank borrowings, RM3mil to set up a waste management plant and RM2mil for working capital.

Asia Poly said the group had total bank borrowings of about RM18.45mil as at July 15. At the prevailing interest rate of the group of about 4.75% per year, it expects interest savings of about RM0.56mil per annum as the result of repaying the bank borrowings.

On the waste management plant, Asia Poly, which operates a factory in Klang, said the plant would allow it to break down and depolymerise the scraps/strips from polymer units to monomer units which are known as depolymerised methyl methacrylate monomer (DMMA).

“The DMMA will have an average purity of 96% to 98% and can be used in the group’s own production of cast acrylic sheets, where the DMMA can be mixed with MMA to produce new cast acrylic sheets,” it said.

The cost of DMMA is cheaper than MMA by 20% to 30%. By mixing DMMA with MMA in the production of cast acrylic sheets, the Asia Poly group will be able to reduce the total cost of raw materials and thus improve its gross profit margin.

It said the waste management plant would have a production capacity of up to 100 tonnes per month, which will be able to handle the recovery of 40 tonnes of scraps/strips per month.

Asia Poly shares have surged more than 40% since mid-June, and earlier this week reached the highest closing price (76.5 sen) in years. The counter closed unchanged at 75 sen on Thursday.

Posted by tklim > 2016-05-18 17:56 | Report Abuse

very good worr....very strong support........0.27 closing......they ask you to sell so they can buy at 0.27......ha..ha..ha.....this month can. fly very high worrrr.....ha...ha...ha...buy...buy..buy..

Posted by kellysgk > 2016-05-18 18:03 | Report Abuse

Old news. 2015 news post here for what? Anyway, the price has no movement at all. Talk much also useless. Hahaa.. go buy wtk better. Tmr sure rebound!!

Posted by tklim > 2016-05-18 18:50 | Report Abuse

haiyaaa.....next week maybe 0.60 sen ....how?......ha...ha...ha....

Posted by Ryukaino > 2016-05-18 19:26 | Report Abuse

Dream ing

Posted by Up_down > 2016-05-18 19:52 | Report Abuse

We just want to understand more about its business. If not, how we dare to buy more?

Posted by travoltakeong > 2016-05-19 07:49 | Report Abuse

BUY anything below 0.28......will crack 0.30-0.31....soon

Posted by TomyamGong > 2016-05-19 09:46 | Report Abuse

Next wk 0.60 ? Hahaa.. 0.60 is possible. But not this counter ok. Hahaa

Posted by nahcee > 2016-05-19 09:57 | Report Abuse

TomyamGong : if u believe just buy la ..dont talk cock here..go other counter like BIOHLG try ur luck la ..kecoh-kecoh here buat apa ?

Posted by tklim > 2016-05-19 10:12 | Report Abuse

dividend comming worrr......can celebrate seafood Tomyam worrrr....ha...ha...haa...

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5062205

Posted by TomyamGong > 2016-05-19 11:40 | Report Abuse

Haha.. okok. Sorry .. I go hantam other counter now. :p

Posted by 张天师除妖 > 2016-05-19 11:47 | Report Abuse

still can buy?

Posted by xenon > 2016-05-20 09:55 | Report Abuse

i buy 0.265,cheap or not?

Posted by xenon > 2016-05-20 09:59 | Report Abuse

oh...expensive...

Posted by Jessgoh > 2016-05-20 10:06 | Report Abuse

Can get in 0.25 today

Posted by xenon > 2016-05-20 10:16 | Report Abuse

hope next week can up to ......

Posted by tklim > 2016-05-20 11:04 | Report Abuse

ya lorrr...cheap...cheap lorrr...can BUY lorrrrr......sure untung besar lorrrrr....ha...ha...ha

Posted by Guo Yong Soh > 2016-05-20 11:52 | Report Abuse

Why still drop?

Posted by Kenneth90 > 2016-05-20 12:20 | Report Abuse

today half day 0% buy rate...

Posted by tklim > 2016-05-20 12:29 | Report Abuse

haiyaa...where got stock market up everyday worrrr....sure up down...up down and up and away lorrr......break 0.60 sen maaaaaa....ha....ha...ha...

Posted by Guo Yong Soh > 2016-05-20 14:11 | Report Abuse

But still no break 0.30

Posted by Guo Yong Soh > 2016-05-20 14:11 | Report Abuse

26/05 is dividen,after will drop or not?

Posted by tklim > 2016-05-20 14:28 | Report Abuse

haiyaaa....patient maaaa......if cannot you sell lah.....you still untung watttt....ha....ha...ha...

Posted by Guo Yong Soh > 2016-05-20 15:07 | Report Abuse

Sry,I am newbie that's why I don't know is hold or sell

Posted by Up_down > 2016-05-20 15:09 | Report Abuse

Waiting for its coming QR. if the profit is fantastic then it would lead you to Heaven.

Posted by travoltakeong > 2016-05-20 15:13 | Report Abuse

The real show will commence after it breaks 0.45-0.50.....but you have to wait.....it can happen soon or later...

Posted by TomyamGong > 2016-05-20 15:22 | Report Abuse

There are 2 meaning of heaven. Either big win or big lose. Hahaa

Posted by travoltakeong > 2016-05-20 15:23 | Report Abuse

It will be very fast after all weak holders already phase out.......soon...

Posted by Up_down > 2016-05-20 15:34 | Report Abuse

Buy a bit and hope for miracle. Haha

Posted by travoltakeong > 2016-05-20 15:38 | Report Abuse

Yes..miracle do happen...if you believe it will happen...Good Luck.....

Posted by Up_down > 2016-05-20 15:49 | Report Abuse

The company delivered very good results in last QR. Don't know what would happen in the coming QR. At least, we are not hoped for miracle to happen without something to rely on la.

Posted by TomyamGong > 2016-05-20 16:53 | Report Abuse

Totally no buyer at all for today. does it mean coming result will be poor? Hmm.. God bless for u all

Posted by tklim > 2016-05-20 18:57 | Report Abuse

never mind lorrrrr....wait lorrrrr....after break 0.80 sen we can celebrate Tom Yam seafood lorrr....ha...ha...ha

Posted by Ryukaino > 2016-05-23 09:40 | Report Abuse

tklim everweek hope go 0.70-0.80. still can reachable mah