I have some insider info for Asia Poly, I bought at the price at 0.1 n now its 0.5. All I can say is that now is the time to invest bcause when they announce the project soon u will regret panic selling it today. This is more for mid term. Don’t just rely on graph, get info on their upcoming projects. Anyway have a good day
Correct me if I'm wrong as I'm still just a rookie in stock market. I believe price does not necessary mean the value of the company. Personally I think this company has its value especially during this pandemic though their products are not disposable type. Anyway this is just my 2cents, Hope that sincere investors will not be influenced by the volatility of the price. Cheers.
We should look at fact, not the rumours. This company's fair value is ONLY RM0.04 !!! Now, being goreng up to 0.49, last week up to 0.575. Another point to take note is, anout 48% shares are controlled by the insiders. And no big investment firms and fund managers are investing their shares, means all mostly by individuals.
On a positive note, yes i am very optimistic about the groups near term profits until the 1st quarter of 2021. With a good profit margin, this will definitely drive investors to this stock if, if they think asiapoly's recent highs has not been priced in yet. With the acquisition on dolphin, i believe that the coming qr has a good reason to be profitable but does not exceed expectations. Remember dolphin's acquisition is just to generate the group 2m annually. So far, the pros outweighs the cons for me. Ofcourse this will also be subjected to external forces la so i think im going to hold for 1 more week and see how
It dropped because 1 security holder disposed 5,000,00. And others panic sell when they see price fall abit, since they only mostly rely on graphs which is quite sad.
There are some unannounced projects in hand which I can only say "I heard rumors". Its just a hint because i dont want to put myself into trouble giving away info.
Anyways u guys just wait for news. In the end Decision to buy and sell is really up to u
Some of my friends bought at 0.570. I suggested to them to cut loss, but they still believe in the rumours, and still want to hold. I hope willee2 is wrong.. otherwise, my friends burnt.
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Posted by andreakoay > 2020-08-11 10:36 | Report Abuse
lol