I am unsure if I can consider him and her to be a big hand but then that was my fellow comrade working in the field of sell side (HF Firm located in Singapore) before retirement. So might or might not be? :)
ANOTHER HIDDEN GEM COUNTER THAT BENEFIT FROM GLOVE AND MEDICAL
BASE ON THEIR LATEST QUARTER REPORT 29TH JUNE TODAY
Paper Product Division recorded 18% increase in revenue as compared to previous quarter due to increase in demand from the key customers mainly from glove,MEDICAL and food industries. ONCE VACCINE OUT THEY MIGHT BENEFIT TOO..CZ THEIR MAIN CLIENT MOSTLY FROM MEDICAL COMPANY!!!
TAKE NOTE: THEY STILL OPERATE DURING MCO PERIOD. WHAT EXCITING ME IS THAT THEIR KEY CUSTOMER COME FROM MEDICAL AND GLOVE COMPANY WHICH STATED IN ANNUAL REPORT TOO.
More volatility to the upside, with little to menial basics of retracement. Happily grounding this pair to spur towards the end goal of its AR range in sight
Yes and if I am not mistaken only the W suffix warrant can be converted to the mother shares. PA is offered by IB, not the company themselves, hence, no amount of shares bought from it can be converted to the mother shares. Correct me if I am wrong
There was a time where I was told by the remisier that PA cannot be converted, unsure of the sharing I came to hesitate for a bit. No offense to you though
I am piling up lots of long position and with it's cheap valuation, even with 9% risk in my portfolio, I am still up for a lot of room to maneuver around. Happy bullish
Power, we might need to create a site and rank it high on google page to get this across. Post it to The Star Business segment as well, easily 2.00 in one week haha
tklim, your target price is way too conservative bro. The insiders have already valued this x5 the current share price based on this fy's coming earnings.
tklim's intraday target is nothing more than speculative in nature. the value of this stock will spike way ahead 0.70 in the range of average price target range of 0.70 - 1.00
im actually elon musk trying to take you into space in 2077 with a cybertruck full of alabama kush cant you tell, you pretentious Mr ''i have inside information that the price will hit 70 sen '' .
can I hav some advise what is the price that u guys will let it go.. I also listen some rumours..that now maybe an early stage to get in..less ppl see this stock yet.. so enter abit 500lot at 0.175..am I entering at a higher price?
jay1122, anything bought at these prices is under fair value. Reason why this share hasn't flown yet is due to the mediocre Q1 they just announced. But bear in mind that the Q1 only covers Jan to March. If you read about plexiglass demand globally, it only took off in April. Asia Poly themselves have given the biggest clue in their note 19 in their Q1 qr. Maxed out order book to the end of the year, increased selling prices and decreasing raw materials prices. By the time Q2 qr comes around, you won't see this price anymore. Btw, I only found out about this gem from a fairly 'inside' source. So my entering this counter is not just from my own due diligence but also a tip off from a fairly reliable source. Do your own due diligence yourself before going in. And once entered, please don't give your share away if you make few cents only. Hold for at least 3 months.
jay1122, not high at all, it's too cheap at the moment. It's at best if you could tune your portfolio risk accordingly to the volatility to ensure that your trades are well above the margin
Thank for the reply @Powerplay666 and @CalculatingAbbey...appreciate:) this Q1 really not attractive,but share market about the future. Let see how its work on later few months.
this stock the most can go is 0.5. If youre planning to hit 1.40 that must be some wild guess, they have to get crazy earnings to support this price. Mind you they only sell arceylic sheets which by the way is used heavily in the construction sector.
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Posted by Powerplay666 > 2020-06-29 21:18 | Report Abuse
Calculating Abbey, I strongly suspect that we both got the tip from the same bunch of 'big hands'. Small world..