Posted by lau9639 > 2020-06-25 19:17 | Report Abuse

Qr results out, loss 245K. Tomorrow price to drop

Posted by Powerplay666 > 2020-06-25 19:50 | Report Abuse

Their orders are maxed out to the end of the year. They have also increased the selling price. Please read the notes to the qr. Plexiglass demand only took off in April.

Posted by themonstik > 2020-06-25 20:01 | Report Abuse

Where can i read the note to the QR?

Posted by Powerplay666 > 2020-06-25 20:04 | Report Abuse

If you have klse screener app, you can find it there under the Asia Poly counter. It's a pdf copy which titled Notes

Posted by Powerplay666 > 2020-06-25 20:07 | Report Abuse

Their Q2 is from April to June. Meaning we will know the qr2 results probably around August. Only 2 months from now. Before that happens, the market would have caught up with the real value of this counter.

Posted by themonstik > 2020-06-25 20:09 | Report Abuse

he global economy, having shown signs of slowing as a result of the US-China trade protectionism and geopolitical risks, has been further compounded by the devastating outbreak of the coronavirus disease 2019 (COVID-19). The International Monetary Fund (IMF) now forecasts a global recession in 2020, one that could be worse than the 2008-2009 global financial crisis, with a recovery only expected in 2021. The COVID-19 pandemic is expected to have a significant impact on the world economy including markets where the Company operates. The effect of the pandemic to our operations will have to be actively monitored and managed. Under these circumstances, however, the demand for cast acrylic sheet is expected to remain robust.

Due to the effect of COVID-19 the demand for cast acrylic sheet has increased and with a supply shortage in the market, this has driven selling prices higher. Currently we have orders maximise up to end of the year. Our demand is expected to grow with increased usage in both medical and non- medical sectors, as well as heightened hygiene awareness. With the Group’s continued improvements in operating efficiency, management is confident that FY2020 will be a strong growth year for the Group.

Posted by stakeback > 2020-06-25 20:56 | Report Abuse

Keywords - “Demand ... increased”, “ Supply shortage”, “Driven selling prices higher”, “Orders MAXIMISE up to END OF THE YEAR”, “Management is CONFIDENT ... STRONG GROWTH ... “

Posted by stakeback > 2020-06-25 20:57 | Report Abuse

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=209937&name=EA_FR_ATTACHMENTS

Posted by OrionIXL > 2020-06-25 21:12 | Report Abuse

Ai.. Useless thing. Force me to sell tomorrow la.. Ok lo

Posted by OrionIXL > 2020-06-25 21:12 | Report Abuse

My cost is 0.12 0.125.. Still small gain

Posted by stakeback > 2020-06-25 21:37 | Report Abuse

OrionIXL, no worries. I will sapu your lorries. Thanks.

Posted by BlackDevil99 > 2020-06-25 21:45 | Report Abuse

I think I gonna sell too

Posted by AxeCapital2077 > 2020-06-25 21:59 | Report Abuse

to be fair quite dissapointing but not suprised as arceylic sheets demand only grew in the second quarter this year. But something promosing to look out is that they managed to operate their business more effeciently by reducing operating expenses and cost of sales by A HUGE amount. So if this is the case, im expecting a much more promising margin in the next quarter cheers

Posted by George Chan > 2020-06-25 23:03 | Report Abuse

Buy more during bad market. Keep accumulating.

Posted by OrionIXL > 2020-06-25 23:04 | Report Abuse

Stakeback.. Ready v 500k cash ya
I buy back after drop below 0.1

Posted by azmi1202 > 2020-06-25 23:05 | Report Abuse

This counter will be the next rising star. I will hold my position until next QR come out or even till the end of this year. I believe the share price will drop a bit tomorrow due to panic of the weak shareholder or contra player. Like HLT, its up to rm1 from 10 sen in two month during the climax of the pandemic. ASIAPLY is the post covid counter. This is my POV because Im looking at business growth perspective to swing this counter.

Posted by OrionIXL > 2020-06-25 23:51 | Report Abuse

Talk so much.. Hope up tomorrow.. Pick up my share ya

Posted by OrionIXL > 2020-06-25 23:51 | Report Abuse

Sell slowly 0.14

Posted by azmi1202 > 2020-06-26 07:33 | Report Abuse

As someone mentioned previously, this stock have good business prospect. I’m looking for mid term potential. Not only 1-2 days. Lets see the performance today. If do not break the Support, then maybe still can hold until next QR.

Posted by AxeCapital2077 > 2020-06-26 08:43 | Report Abuse

today all counter goreng

Posted by Powerplay666 > 2020-06-26 09:03 | Report Abuse

The qr seems to have had a positive effect on the price. Some people actually read note 19 in the report.

Posted by stakeback > 2020-06-26 09:06 | Report Abuse

I felt only the existing shareholders have read and held on to their shares, traders will exit as they need be, new shareholders will enter as awareness on note 19 increases

Posted by themonstik > 2020-06-26 09:18 | Report Abuse

Lets hope today can stay 0.15. Its friday today

Posted by BetterTomorrow > 2020-06-26 09:34 | Report Abuse

I think is fair for those prefer to be trader to sell off today. So the stock will be able to grow slowly instead of big sold down and big buy up

Posted by BetterTomorrow > 2020-06-26 09:35 | Report Abuse

But I don't see any selling today, yesterday did alot selling to 14.5.

Posted by BetterTomorrow > 2020-06-26 09:37 | Report Abuse

Orionlkl sold all already?

Posted by Kit Ben > 2020-06-26 09:40 | Report Abuse

@BetterTomorrow He will say he brought back again one. Typical xian jia

Posted by Powerplay666 > 2020-06-26 09:41 | Report Abuse

My broker told me that the operators were deliberately keeping the price at 15 sen until the qr was released. They didn't want the price to fly without basis or else it will fall just as fast. But now, the news is out that their order book is maxed out until end of the year. No more reason for the price to drop suddenly if it starts to fly.

Posted by AxeCapital2077 > 2020-06-26 09:42 | Report Abuse

i see but keep in mind brokers will say whatever it takes to earn a quick buck

Posted by Powerplay666 > 2020-06-26 09:44 | Report Abuse

Very true too

Posted by BetterTomorrow > 2020-06-26 09:48 | Report Abuse

Is there any operator? Perhaps more are group of trader.

Posted by BetterTomorrow > 2020-06-26 09:53 | Report Abuse

Saturday news by equity tracker

Posted by BetterTomorrow > 2020-06-26 10:01 | Report Abuse

I think there is big investor is collecting so price sustain

Posted by martinking > 2020-06-26 10:43 | Report Abuse

possible to get 0.13? kikiki...

Posted by BetterTomorrow > 2020-06-26 10:54 | Report Abuse

Try best

Posted by BetterTomorrow > 2020-06-26 16:09 | Report Abuse

Slow today

Posted by birkincollector > 2020-06-26 16:36 | Report Abuse

looks like may break 0.16 next week

Posted by SpicyMcDeluxe > 2020-06-26 16:54 | Report Abuse

Lets Go

Posted by Powerplay666 > 2020-06-26 18:45 | Report Abuse

Time frame?

Posted by mf > 2020-06-26 18:48 | Report Abuse

Conversion of Preference Shares - 4,000,000 shares at 0.100.

Posted by AxeCapital2077 > 2020-06-26 21:06 | Report Abuse

lol idk no disrepesct but when ppl say they have inside news most likely they dont. Same thing with Gpacket.

Posted by AxeCapital2077 > 2020-06-26 21:06 | Report Abuse

still long on this stock tho

Posted by BetterTomorrow > 2020-06-27 09:17 | Report Abuse

Hahaha greenpacket, advertising like selling their share more likely than selling their product

Posted by BetterTomorrow > 2020-06-27 09:19 | Report Abuse

I think to be fair, your ca not compare this company with greenpacket, greenpacket is selling story and idea no asset, now building also sold off. Asiapoly has real factory and is producing acrylic. I don't think this can be hide

Posted by bombombominvest > 2020-06-27 09:31 |

Post removed.Why?

Posted by BetterTomorrow > 2020-06-27 10:29 | Report Abuse

Bonbon where to click

Posted by BetterTomorrow > 2020-06-27 10:58 | Report Abuse

Yes true

Posted by stakeback > 2020-06-27 20:55 | Report Abuse

https://www.perretica.com/marketsreview/week-26-2020

Posted by CalculatingAbbey > 2020-06-27 21:57 | Report Abuse

you can take the information the way your preconceived notion tells you but the real deal is 0.70+ is easily intensified in the days to come. thank me when you sold it at 0.70+, good baby sweet money for 2020

Posted by CalculatingAbbey > 2020-06-27 21:59 | Report Abuse

also don't forget this stock is the hottest counter considered in a niche play as the company is the only acrylic sheet / plexiglass manufacturer listed on Bursa Malaysia