Posted by AxeCapital2077 > 2020-06-23 12:50 | Report Abuse

i can set my resistance at 5 ringgit if i want to as wel

Posted by Powerplay666 > 2020-06-23 14:51 | Report Abuse

I think qr is very close to announcement...

Posted by BetterTomorrow > 2020-06-23 15:24 | Report Abuse

Primeinvestor haha

Posted by DAMAL666 > 2020-06-23 15:43 | Report Abuse

nice another green today, heard about stupid sifu run just 1 bid down. haahahaahhhaah

Posted by SpicyMcDeluxe > 2020-06-23 15:53 | Report Abuse

kekw

Posted by BetterTomorrow > 2020-06-23 15:54 | Report Abuse

Heavy

Posted by fishtrader > 2020-06-23 15:54 | Report Abuse

hold the breath

Posted by AxeCapital2077 > 2020-06-23 16:00 | Report Abuse

Btw when you guys say sifu what does it mean? And guru?

Posted by fishtrader > 2020-06-23 17:29 | Report Abuse

https://www.bbc.com/news/world-asia-53135626

asiapoly produce visor? and got distributor in south korea? just asking

Posted by BlackDevil99 > 2020-06-23 18:50 | Report Abuse

I expected today to hit 0.17, but didn't hit

Posted by stakeback > 2020-06-23 18:59 | Report Abuse

Yes, asiapoly has distributor in South Korea https://asiapoly.com.my/the-a-cast-distributor-network/

Posted by OrionIXL > 2020-06-23 19:27 | Report Abuse

Don't worry la.. 0.15 I throw one.
No choice.. I scare hit margin call tomorrow..
So sell 5 lorries first

Posted by BetterTomorrow > 2020-06-23 20:52 | Report Abuse

Wah will crash or not

Posted by ShaBlalalala > 2020-06-23 21:04 | Report Abuse

why crash????

Posted by Powerplay666 > 2020-06-23 21:15 | Report Abuse

Margin call only happens when the market is getting overheated and share prices are flying. Hardly the case at the moment.

Posted by OrionIXL > 2020-06-23 21:18 | Report Abuse

I throw.. But very solid support 0.15...
Still hav 10 lorries haha

Posted by smkts123 > 2020-06-23 21:25 | Report Abuse

Don't worry. Asiaply is on uptrend since early June. Cause TNB factor. This stock like to increase daily & consistent

Posted by smkts123 > 2020-06-23 21:26 | Report Abuse

Last Q4 also back to black

Posted by AxeCapital2077 > 2020-06-23 21:57 | Report Abuse

QR fasta come out and ima decide whether to hold or sell . Projected sales please be good

Posted by themonstik > 2020-06-24 09:21 | Report Abuse

just need 30c. 100%

Posted by fishtrader > 2020-06-24 10:29 | Report Abuse

wow so hard to break 16c..

Posted by thesteward > 2020-06-24 11:23 | Report Abuse

Asiafly soon break 17

Posted by BlackDevil99 > 2020-06-24 11:32 | Report Abuse

Hope so

Posted by DAMAL666 > 2020-06-24 11:38 | Report Abuse

if can close 160 im damn happy will fly soon, wa and wb would follow

Posted by fishtrader > 2020-06-24 11:53 | Report Abuse

fastern your seat belt.. fly to the moon

Posted by vitaminE > 2020-06-24 15:02 | Report Abuse

so many conversion of ICPS recently..

Posted by fishtrader > 2020-06-24 15:06 | Report Abuse

profit taking.. more topup after this

Posted by BetterTomorrow > 2020-06-24 19:33 | Report Abuse

Hahaha

Posted by BetterTomorrow > 2020-06-24 19:34 | Report Abuse

PA discounted. Good company will have more cash

Posted by Powerplay666 > 2020-06-24 20:50 | Report Abuse

Been doing some rough calculations. Based on previous quarter profit of 1.59 million, assuming their profit triples for the coming qr (which means a 4.5 million profit), and conservatively the 4.5 million profit remains constant for the rest of the financial year, that will be annual earnings of 18 million. Earnings per share (eps) would be 18 million / 479 million total shares = 0.038 eps. Therefore,
PE ratio 10 = TP 38 sen
PE ratio 20 = TP 75 sen
PE ratio 30 = TP RM 1.13
So it will be very interesting to see what profit they earn for the coming qr. We should know very soon. Patience..

Posted by AxeCapital2077 > 2020-06-24 23:10 | Report Abuse

thanks for the info buddy.

Posted by BetterTomorrow > 2020-06-25 09:27 | Report Abuse

I doubt they will have good profit for financial ended march, perhaps maybe June result

Posted by BetterTomorrow > 2020-06-25 09:27 | Report Abuse

All sales shall come in post covid

Posted by Powerplay666 > 2020-06-25 09:37 | Report Abuse

BetterTomorow, yes I believe so too. They would see an upsurge from March onwards at best. So the full impact of the business will be seen only in Q2. But market always works it out ahead of time. So everyone will be looking for clues in this coming qr.

Posted by BetterTomorrow > 2020-06-25 10:29 | Report Abuse

Slow market

Posted by fishtrader > 2020-06-25 15:55 | Report Abuse

any news? all selling?

Posted by Powerplay666 > 2020-06-25 17:04 | Report Abuse

This qr is taking forever. Probably they will leave it right till 30 June to announce.

Posted by stakeback > 2020-06-25 17:11 | Report Abuse

AR is just out. Check out the pictures in the AR on how the acrylic sheets are used for physical retail outlets due to covid. QR could be out soon, maybe tomorrow

Posted by Powerplay666 > 2020-06-25 17:18 | Report Abuse

AR out today means qr should be tomorrow. Fingers crossed for some good news..

Posted by birkincollector > 2020-06-25 18:04 | Report Abuse

results less than ideal....

Posted by bfg9000 > 2020-06-25 18:05 | Report Abuse

Revenue 14,795
Nett Profit -245
Hahahaha

Posted by BetterTomorrow > 2020-06-25 18:32 | Report Abuse

Guess holding loss 245 but manufacturing is profit, if check in detail

Posted by BetterTomorrow > 2020-06-25 18:33 | Report Abuse

March can't make of coz, acrylic is for post covid

Posted by BetterTomorrow > 2020-06-25 18:33 | Report Abuse

Hahaha sorry as I have some

Posted by fishtrader > 2020-06-25 18:35 | Report Abuse

Is it good news for qr report?

Posted by Powerplay666 > 2020-06-25 18:41 | Report Abuse

If you read the notes to the qr, under the sub heading of Business Prospects, it says that "due to Covid, the demand for acrylic sheets has increased and with a shortage of supply in the market, this has driven selling prices higher. Currently we have orders maximised to the end of the year. Management is confident that Fy 2020 will be a strong growth year for the Group."
So obviously, after March, they have gotten a deluge of orders. Their order book is maxed out till the end of the year.
Guys, the clues are in the notes to the report! Selling price has increased and furthermore the order book for 2020 is maxed out!

Posted by Powerplay666 > 2020-06-25 18:43 | Report Abuse

The devil is in the details. Please read the notes carefully!

Posted by birkincollector > 2020-06-25 18:43 | Report Abuse

if drop may be let it consolidate before going in for next quarter

Posted by willwin > 2020-06-25 18:47 | Report Abuse

wrong, is the opposite..


Powerplay666 Margin call only happens when the market is getting overheated and share prices are flying. Hardly the case at the moment.
23/06/2020 9:15 PM

Posted by Powerplay666 > 2020-06-25 18:54 | Report Abuse

willwin I stand corrected. Not a margin player myself. Always use cold hard cash.