ASIA POLY HOLDINGS BHD

KLSE (MYR): ASIAPLY (0105)

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Last Price

0.08

Today's Change

0.00 (0.00%)

Day's Change

0.08 - 0.08

Trading Volume

141,700


9 people like this.

7,000 comment(s). Last comment by Balian de Ibelin 1 week ago

Busybox

18 posts

Posted by Busybox > 2017-06-07 05:09 | Report Abuse

read the announcement. after 2015 right isuue, the management right issue again in 2017. this time you think it off as would it be worth it or not. right issue 2017 will be icps at 5cents with warrants. warrants exercise price is at 10cents. some more proposed variation of existing warrant at the deviation of 34%. for the whole exercise, do take note that the management foresee previous private placement for the directors at 13cents is not enough to fund the working capital, setup new coating plant and acquisation of hrlsb for 16mil. hrlsb is directors owned company. right issue is proposed to be fixed at 16cents. what say you? strong uptrend? be smart in making money. don't let the chart used you.

Telstar

109 posts

Posted by Telstar > 2017-06-07 09:42 | Report Abuse

Yes you are right Busybox 100% true.

孝贤

5 posts

Posted by 孝贤 > 2017-06-07 18:46 | Report Abuse

today up to 0.205 alr

Busybox

18 posts

Posted by Busybox > 2017-06-07 22:31 | Report Abuse

Of course by looking at current business perspective and situations, being depending on acrylic business itselft would be quite tough for the management in longer terms. But if you behind the book, the efforts that being given by the management, action speaks louder than words. diversifying into property development which they acquire hrlsb that already have a parcel of land including approval from authorities to develop and turns the empty land into commercial land with gdv of aorund 50-80 millions, should be a good start. being able to acquire PT Rimba in Indonesia which in advance have secured the contract to construct/develop/operate/maintenance of 12MW hydro power plant with contract value of 92mil, would be enough to keep the company busy at least for another 2 years. What i foresee in these power plant is, the attractive recurring and stable income that can contribute to the top line earnings.

As a conclusion, imo, in longer terms, it is worth to invest into these type of low profile companies where the management are committed to unlock and improve shareholder value by diversifying its business model to generate recurring income and increase in revenue.

Posted by BetterTomorrow > 2017-06-08 10:29 | Report Abuse

Busy Box, i have been followed your comments, dated 30 May, you claim the management is bad, and on 7 May, you have totally different view and comments.

before new management i noticed this company has RM18mil borrowing and profit of RM700k almost every previous years, seem like they adjusted nicely.

After new management, I also noticed they raised fund and all the money been used wisely repayment of bank borrowing which stand now based on last report is RM2mil and Total Cash in bank is RM15 - 18mil. Receivable improved, Inventory improved. and well diversify into other business.

Up to investor to comments, acrylic business is heritage from previous owner,. like it or not still need to maintain and after all although is tough business , i think they have done good job to at least improve it.

I do have some of this stock. will keep it for slightly long term for their hydro plant result

runnerman

678 posts

Posted by runnerman > 2017-06-08 10:48 | Report Abuse

Short tp 0.3....uptrend intact.....

luckycharm

385 posts

Posted by luckycharm > 2017-06-16 11:36 | Report Abuse

add some 0.205..

miracledy

252 posts

Posted by miracledy > 2017-06-20 09:29 | Report Abuse

Add Some 0.200 haha... promotion price.. ..

Posted by BetterTomorrow > 2017-07-04 10:32 | Report Abuse

seem like gone case. unless good biz running well.

luckycharm

385 posts

Posted by luckycharm > 2017-07-20 15:25 | Report Abuse

halow lu sudah bangun ka....

IANFUJI

277 posts

Posted by IANFUJI > 2017-07-20 23:01 | Report Abuse

Wow..good start after long sleep..jangan sleep again sudaa...

Busybox

18 posts

Posted by Busybox > 2017-07-21 08:31 | Report Abuse

Only one day show la bro. After a while, director need some money. Few cents gain enough. In fact don't forget 27 Nov is right issue date. 13.5 cents. Cheap skate strategy..

Posted by Supertonic000 > 2017-07-24 18:44 | Report Abuse

manipulation seen...dissapointed

IANFUJI

277 posts

Posted by IANFUJI > 2017-08-03 06:44 | Report Abuse

Wait for catalyst to boom....

Double_K

46 posts

Posted by Double_K > 2017-08-09 14:40 | Report Abuse

bored and same game...slow up..fast down

Telstar

109 posts

Posted by Telstar > 2017-08-09 18:23 | Report Abuse

Waw...already gone up coming fifty cent Hehe

Kingfish

140 posts

Posted by Kingfish > 2017-08-11 00:19 | Report Abuse

Maybe fifteen cent yes.

Kingfish

140 posts

Posted by Kingfish > 2017-08-18 00:35 | Report Abuse

most dead company on bursa

Posted by SyedIbrahim > 2017-08-24 19:48 | Report Abuse

Salam , pikiran sy stok ni akan pecut baik je ppa hydro power dpt, mungkin managemen harus update investor kita semua perkembangan terkini atas hydro power di Aceh tu. Utk sy sebagai investor ikan bilis, sy dlm pandangan nak invest longterm, walau macamanapun kalu asiapol ni kekal bagi dividen setiap tahun sy akan tetap invest. Moga hydro power projek tu akan jlnkan dgn tetap dan cepat, bayangkan 30 tahun consasi, TP RM1 keatas.... maafkan sahabat sekalian ini pandangan sy je...

IANFUJI

277 posts

Posted by IANFUJI > 2017-08-28 14:08 | Report Abuse

Slightly down on QR, but price shoot down sharply..huh..

Telstar

109 posts

Posted by Telstar > 2017-08-29 15:23 | Report Abuse

The support level is 0.10

fhis

1,207 posts

Posted by fhis > 2017-09-21 16:12 | Report Abuse

supporting at 0.17 and i hope it will shoot up soon...

tklim

3,185 posts

Posted by tklim > 2017-09-30 15:21 | Report Abuse

ADX ...BUY.....Let's see what happen after Asia Ply breaks 0.22

Hafizam

317 posts

Posted by Hafizam > 2017-09-30 17:29 | Report Abuse

this one got potential to move higher..im not the holder yet but very interested to buy..

tklim

3,185 posts

Posted by tklim > 2017-10-04 22:22 | Report Abuse

Good fundamentals counter with reducing interest and volume. Good for collection.

Mond Mon

26 posts

Posted by Mond Mon > 2017-10-05 08:03 | Report Abuse

Sell

tklim

3,185 posts

Posted by tklim > 2017-10-05 17:00 | Report Abuse

0.195 broken...let's see what happen next.....

CharlesT

14,793 posts

Posted by CharlesT > 2017-10-05 17:01 | Report Abuse

Rights issues jalan soon

Hafizam

317 posts

Posted by Hafizam > 2017-10-06 09:23 | Report Abuse

slowly n surely..nice..

B4b4

7,586 posts

Posted by B4b4 > 2017-10-09 08:52 | Report Abuse

Excellent stock. Good to buy long term. Easily can hit 30s

Posted by Freddie Kkc > 2017-10-09 09:24 | Report Abuse

Target 0.23 ^^

B4b4

7,586 posts

Posted by B4b4 > 2017-10-09 15:39 | Report Abuse

Try Inix guys

B4b4

7,586 posts

Posted by B4b4 > 2017-10-09 15:39 | Report Abuse

Bang Hafizam, Inix sudah mula naik

Hafizam

317 posts

Posted by Hafizam > 2017-10-09 20:20 | Report Abuse

bro b4b4..noted..tqvm..

Hafizam

317 posts

Posted by Hafizam > 2017-10-11 15:02 | Report Abuse

muah..muah..really2 cantekkk...

Hafizam

317 posts

Posted by Hafizam > 2017-10-12 16:10 | Report Abuse

lagi naik..cantekkk..

Mond Mon

26 posts

Posted by Mond Mon > 2017-10-12 16:58 | Report Abuse

Fake q

Hafizam

317 posts

Posted by Hafizam > 2017-10-12 20:15 | Report Abuse

see how tomorow..seem like profit taking..

Hafizam

317 posts

Posted by Hafizam > 2017-10-14 09:07 | Report Abuse

not too bad..boleh hold lagi..klu break in cabut..

IANFUJI

277 posts

Posted by IANFUJI > 2017-10-14 19:18 | Report Abuse

Asiaply mother and son will reach previous max price very soon based on current trend...

Hafizam

317 posts

Posted by Hafizam > 2017-10-16 10:45 | Report Abuse

come on...this one wont stay cheap forever..my target 1 fold..

IANFUJI

277 posts

Posted by IANFUJI > 2017-10-20 20:59 | Report Abuse

Next week will fly higher...wait for volume to surge, and we will see uptrend continue for some period.

noobbie

1,122 posts

Posted by noobbie > 2017-10-23 12:37 | Report Abuse

coming soon

Posted by adha9747 > 2017-10-23 13:43 | Report Abuse

need to be patient with this gold

Mond Mon

26 posts

Posted by Mond Mon > 2017-10-26 12:36 | Report Abuse

?? Why best stock?

Posted by Supertonic000 > 2017-10-26 16:25 | Report Abuse

according to its finacial results, im wondering why it can be described as "one of the best stock in Bursa"...

tklim

3,185 posts

Posted by tklim > 2017-10-30 09:12 | Report Abuse

27-Oct-2017 Entitlement ASIA POLY HOLDINGS BHD declared Rights Issue - 1 : 1, the ex-dividend date on 08-Nov-2017.

tklim

3,185 posts

Posted by tklim > 2017-10-31 15:58 | Report Abuse

THis counter is slower then snail coupled with Right Issue....

vic3ai

8 posts

Posted by vic3ai > 2017-10-31 21:39 | Report Abuse

this ICPS can convert to ordinary share ? any term and condition ?

sangjero

647 posts

Posted by sangjero > 2017-10-31 21:47 | Report Abuse

What is the benefit of subscribing the ICPS to shareholders? Anybody?

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