Approximately of 75,000,000 of shares were being sold for the past 2 weeks, which is 28.35% of total capital shares were being traded.
Based on 13-07-2016 bursa report, Ex CEO holds 8.665% approximately 23,003,200 of shares.
Those shares purely sold by Ex-ce was 23,003,200. Where is the rest of 52,000,000 came from?
When a company director is selling the shares, there may be some other shareholders follow him to sell as well. Sell high, Buy low. Common sense right?
Retailers are follow as well. As they do not know what is happen to the company caused the share price keep dropping, panic makes them sell it too.
So, that explained where is the rest of shares came from. :)
Let's come back to company result, as of Brother Keong's analyst,
Previous closed 0.20 Trailing PE (Sector Avg: 11.4) 9.9 EV/EBITDA (Sector Avg: 8.0) 6.4 PEG 0.27 Nearest Resistance (Strength) 0.24 (3), 0.24 (3), 0.245 (1) Nearest Support (Strength) 0.24 (1), 0.235 (3), 0.235 (1) Resistance-Support Diff. 0.0 % Sharpe Ratio (3-yrs) 1.38 ATR Trailing Stop 0.245 ROE YoY 4.17 % ROE 3.0 % ROIC 17.49 % Altman Z 3.7 Current Ratio 1.59 EPS YoY 207.69 % EPS QoQ 23.26 % Revenue QoQ -1.28 % Profit QoQ 276.74 % NTAPS QoQ -46.15 % Net Margin 1.0 % Net Margin YoY -50.0 % Debt-Equity (DE) Ratio 0.69 Dividend Per Share (DPS) 0.75 sen Dividend Yield (DY) 0.7 % Earnings Yield (EY) 12.94 % FCF Yield 10.08 % Net Current Asset Value (NCAV) 0.04 Net Net Working Capital (NNWC) 0.01
Is this result convincing enough for you to buy it?
I have no doubt with the company was doing the good job for the last 5 quarters result. We can see fabulous improvement was proven. I believe company will continue doing the good job in coming future.
TP was given at 0.77 by some bank, I personally think that actual TP should be less than that, i think should be at 0.76 =)
Bottom or not bottom, after you start trade then only you know. Because choice is yours. Analyst has given. Good luck everyone.
Operator pressing down the price with huge volume. Maybe part of it with 52m share from what tomyamgang mention.. . Ah Keong work not finish yet.. still lot of work to do..
Sifu tomyangong, any other counter beside asiaply can recommend to me? I had loss once here, don't wish to buy back again. Anyway, still appreciate of your sharing.
ya lorrrr.....no need to sell maaa.....if up to 0.77 sen.... good lorrrr.....if down average down maaaa....if your cost below 0.25 sen why worry maaaa......some more fundamental very strong maaa.....ex ceo sell a few million only maaa....look at the announcement maaa....sudenlly Ah Jib story come out maaa......suddenly got panic selling maaa...operator do short selling maaaa.....wait lorrrr....if break 1.00...how?...bang head lorrrr....ha....ha....ha
As my fren mentioned at agm, nvr know that keong, lim n syed overthere. If they r holding so many shares, they shall attend n ask a lot of questions. Weird
Magic Formula Investing Last Updated: Fri, 22 Jul 2016 23:11:41
Magic formula investing is a term referring to an investment technique outlined by Joel Greenblatt that uses the principles of value investing.
Greenblatt suggests purchasing 30 'good companies': cheap stocks with a high earnings yield and a high return on capital. He touts the success of his magic formula in his book 'The Little Book that Beats the Market', Joel Greenblatt, citing that it does in fact beat the S&P 500 96% of the time, and has averaged a 17-year annual return of 30.8%
------------------------------------------------------------------------------------------------------------------------- Regardless...Director sell all the way.....
Still laughing out loud dude?.. read the announcements..
BetterTomorrow I want to laugh loud when read you comment, why must people let you make money? Good company does not mean won't go down when market bad and especially some one is selling, should other directors or shareholder to support and buy all from your guys at high price, then u call it good company. ? A lot of blue chip also drop it's price. Don't be so childish. Sorry not purposely comments these. 20/07/2016 20:16
Aiyaa.. some Directorsss catch bottom fish and sell.. some directorss buy from what they catch.. let them finish pasar work first... 无眼看.. go drink 亚发白加飞..
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING ASIA POLY HOLDINGS BERHAD ("ASIA POLY" OR THE "COMPANY") SPECIAL ISSUE OF NEW ORDINARY SHARES OF RM0.10 IN ASIA POLY ("ASIA POLY SHARES") ("BUMIPUTERA SHARES"), REPRESENTING NOT MORE THAN FIFTEEN PERCENT (15%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY ("SPECIAL BUMIPUTERA ISSUE")
ASIA POLY HOLDINGS BERHAD
Type Announcement Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING Description ASIA POLY HOLDINGS BERHAD ("ASIA POLY" OR THE "COMPANY")
SPECIAL ISSUE OF NEW ORDINARY SHARES OF RM0.10 IN ASIA POLY ("ASIA POLY SHARES") ("BUMIPUTERA SHARES"), REPRESENTING NOT MORE THAN FIFTEEN PERCENT (15%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY ("SPECIAL BUMIPUTERA ISSUE") We refer to the announcements dated 30 July 2015, 7 August 2015, 10 August 2015, 10 September 2015, 23 September 2015, 5 October 2015, 6 October 2015, 28 October 2015, 3 March 2016 and 28 March 2016 in relation to the Special Bumiputera Issue (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.
On behalf of Asia Poly, TA Securities wishes to announce that the Board has on 29 July 2016 fixed the issue price for the special issue of 37,350,000 Bumiputera Shares at RM0.19 per Bumiputera Share (“Issue Price”).
The Issue Price represents a discount of RM0.0174 or approximately 8.39% to the five (5)-day volume weighted average market price of the Asia Poly Shares up to and including 28 July 2016 of RM0.2074.
significant change in the business direction or policy in relation to an acquisition of assets , a change in the controlling shareholder of the company and Company's Cash to regularize .......In other words...cheap funding....more cash for the company.......
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travoltakeong
1,502 posts
Posted by travoltakeong > 2016-07-22 07:43 | Report Abuse
bottom fish ......take advantage of the big discount........
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Board: ACE Market
Sector: Industrial Products
Avg Volume (4 weeks): 5,035,411
4 Weeks Range: 0.20 - 0.28
52 Weeks Range: 0.175 - 0.81
Average Price Target: 0.77
Price Target Upside/Downside: +0.57