btw i hope you guys take the factory news 50/50 la hor these type of news usually give u the impression macam nice but goreng story like gpacket. i once lost 300,000k myr on that fker because the same news also reported good prospect. from that time onwards ah i say to myself i only will believe in their earnings nia, whatever factory or diversification or investment... cakap u and i syiok only
i got look at it but from experience all these cakap only. we see see first dont jump to fast. i jump now because is covid demand only but also thanks for informing all of us here la
20 years in the equity investment industry, never seen such a good stock base solely on chart . I trust Abbey’s investment strategy. Everyone in this forum has its own view , we shall not criticize when one go positive or otherwise. Kita berlabur dengan hati tenang dan perlu study dengan teliti atas apa yg kita angkut dan lori
Usually Aunties give negative and unsubstantiated comments. Those funny name I'd usually used by them. They just love soap opera... Just my 1c guts feeling... Happy investing everyone. Just ignore them...
Wa first time I hear buy company stock can get carbon credit? If lidat hor, can I claim carbon credit for my shares in Asiaply? Can kindly share how to claim? How many carbon am I entitled per unit shares?
this is an excellent stock to hold, but the prices are moving too fast, seems like a lot of people are in for a short term profit and panic buying, and beginning of today it has shown signs of fatigue and selloff, possiblity for a price retracement is high
that depends on the company whether they want to give carbon credits to shareholders. That's like a dividend
Point is => there are Huge Funds overseas who are committed to investing in Green Renewable Power Plants Only. They cannot invest in anything else. and or some Overseas funds objective is to investing a % of capital on Green Projects
Wa first time I hear buy company stock can get carbon credit? If lidat hor, can I claim carbon credit for my shares in Asiaply? Can kindly share how to claim? How many carbon am I entitled per unit shares?
Yes, already happened yesterday. Share price closed off highs. People need to take profits. Understandable. Massive dumping for profits by shareholders, very obvious.
Just do what you like. Buy or sell. Its a Free World. Only Snakeoil Shitfus will condemn sellers.
To me, Sellers are welcome. If no one sells, who do you buy from?
this is an excellent stock to hold, but the prices are moving too fast, seems like a lot of people are in for a short term profit and panic buying, and beginning of today it has shown signs of fatigue and selloff, possiblity for a price retracement is high
Lots of interesting information above. As someone who might have a bit more insight into the company, let me try to summarise. In the beginning of the year, the management decided to go into the renewable energy business as a long term viable addition to their existing plexiglass biz which was just moving sideways mainly for the last few years. This they had already planned from last year. This gas business they bought into is only going to show significant fruition in the coming years. And yes, when it does, it will way overtake anything that their plexiglass business can ever do. However, in April, when their plexiglass business suddenly increased multiplefold, they realised a new play was beginning as a result of covid. By May, when their order book for plexiglass was full till end of the year, they knew that they had a current play (plexiglass) and future play (renewable energy) brewing. The perfect storm. And the share price was only 7 sen around end May! Directors then knew that they had a rm1 share price staring at their faces and nobody in the world knew about it. If the gas business takes off, which won't be so soon, then this could be way more than rm1. But that's project speculation for now. Something companies like GPacket thrives on to drive up their share price. But what is real for now is the plexiglass business. Order full until early next year and increasing by the day. On forward fair value, its at rm1. This you can take as real. Anything beyond rm1 will be more a combination of the plexiglass and the renewable gas in play.
Congratulations on your excellent summary in good English
I like this phrase very much.
Quote => "And yes, when it does, it will way overtake anything that their plexiglass business can ever do." Unquote
and yes plexiglass business profits will be like just 1% of Renewable Energy profits
=> but please dun use linear mathematics at all here. and dun make silly claims that I am the one who say future share price will be RM100 based on Plexiglass = RM1.00 then 1% will mean Asiapoly = RM100.00 in future. I did not say that at all.
to finance those many Renewable Energy Plants there definitely will be share issues in the future.
So the ultimate share price of Asiapoly will depend on those share issues.
I always tell people => "If you work hard, money will come in."
I like the idea that Asiapoly Directors are working hard and driving the staff to work hard to get projects. The fact that Asiapoly already got power plants means that past work was effective. Achieved objective.
Must work hard and effective also. Hard work alone is useless.
Investors biggest fear is that public listed companies staff just take salary and dun do anything.
Asiapoly Directors are hard working and effective. That's a known fact.
Lets discuss any news or info related to this counter. People love to read positive comment & any good/bad opinion on this counter. Dont smash each other.
Sifu i3Lurker, can you share some companies who got give carbon credits to shareholders before? This one sounds very very interesting leh! I’m no expert but I nvr see any bursa announcement on this before. Can other sifus plz help to verify this? @powerplay666, @CalculatingAbbey
Posted by i3lurker > Jul 4, 2020 6:51 AM | Report Abuse
that depends on the company whether they want to give carbon credits to shareholders. That's like a dividend
i3lurker i dont insinuate that i dislike sellers, i just sharing what i know, like you said it, its a free world although i like to say its 'free market', who wants to buy or sell its their right, information also is a form of right, and yes it close off highs on day chart but not hourly chart, thus some traders need to be careful, for me i hope it goes down to my target price so i can buy it back haha
I see on chart if u want to buy back will wait very long leh this thing like the top three sifu here said will keep pump up volume only currently some more the volume no soft slow down cannot expect any meaningful retracement la boss
plus the WA warrant will confirm rush one cause expiry date near already WB you wait see if this company do well or not else u buy WB also die cause don't know like Abbey said the renewable energy cash flow boleh pakai or not. They can Goreng Goreng cakap one and my experience trading this market always tell me believe half half nia
I know same same warrant ma but one got date near two more years which means if u stuck inside this stock after all the Goreng volume....u enjoy holding la. I want my lorry out thats why only look at the expiry WA
I don't want to hold my lorry too long need to park at other stock dy after this so can continue holding good price stock till it become expensive then I ciao. Hope u guys also don't get too greedy when this thing go until like Abbey and power cakap 0.70 to 1.00
This is stock market, I also not agree glove stock shall gp so high, but this is market, don't believe just go and sell all. Nobody force anyone to buy.. I agree what you concern. Just sell and go buy other stock you think is under value. Don't be greedy
Hey guy don't be upset about one counter, don't fight, every one have their own choice and comments. If you alreays make the money, just sell and go buy don't fight. This is unhealthy. Please and thanks
I dump because I got ask my RHB kakis to research their business punya so what Abbey and others said here is right that this thing ah valuation got limit one so I didn't do bad also like harming others. Don't misinterpret my message bro
U ask the pang71 la I discuss properly with him but this guy mental one. Need to throw him to tanking rambutan only he shiok sendiri play stock with his mental kaki there
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
i3lurker
13,831 posts
Posted by i3lurker > 2020-07-03 18:31 | Report Abuse
u never look at company announcements to Bursa?
its all there for Asiapoly, public knowledge
Posted by aarontan19872 > Jul 3, 2020 6:21 PM | Report Abuse
btw i hope you guys take the factory news 50/50 la hor these type of news usually give u the impression macam nice but goreng story like gpacket. i once lost 300,000k myr on that fker because the same news also reported good prospect. from that time onwards ah i say to myself i only will believe in their earnings nia, whatever factory or diversification or investment... cakap u and i syiok only