ASIA POLY HOLDINGS BHD

KLSE (MYR): ASIAPLY (0105)

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Last Price

0.08

Today's Change

-0.005 (5.88%)

Day's Change

0.08 - 0.085

Trading Volume

48,400


9 people like this.

7,000 comment(s). Last comment by Balian de Ibelin 6 days ago

mf

28,511 posts

Posted by mf > 2020-08-19 02:52 | Report Abuse

ASIAPLY] Exercise of Warrants on 18-Aug-2020
Stock [ASIAPLY]: ASIA POLY HOLDINGS BHD
Announcement Date 18-Aug-2020
Listing Date 19-Aug-2020
New type/class? No
Type Exercise of Warrants
Details Conversion of Warrants-A to Ordinary Shares
No. of shares issued 530,000
Issue Price Malaysian Ringgit (MYR) 0.100
Par Value - 0.000
Total NOSH 580,596,379

willee2

1,089 posts

Posted by willee2 > 2020-08-20 23:34 | Report Abuse

ok got insider news liao. tp70c in 1-2 months time :)) time to find good price in liao.

Erik7865

44 posts

Posted by Erik7865 > 2020-08-21 08:52 | Report Abuse

I can tell u
Will be more than that :)

nomadmy

92 posts

Posted by nomadmy > 2020-08-21 09:38 | Report Abuse

Hehehe so many people can get insider news. Interesting....

CrisYap

52 posts

Posted by CrisYap > 2020-08-21 10:14 | Report Abuse

Got insider news too, will drop back to 0.1 LOL

Posted by capricornus_tai > 2020-08-21 11:20 | Report Abuse

Insider news. Drop to 0.005 then up to 10.00 in 1 month.! LOL
Joking. Dun take it serious.

enrday

10 posts

Posted by enrday > 2020-08-21 14:11 | Report Abuse

Not insider news but have been holding this company for 5 years ... once again 0.5 and it will shoot down to 0.1. The NAPS is just 0.1 , covid 2nd wave coming .

Posted by firewall9301 > 2020-08-22 07:51 | Report Abuse

Pure stupidity...rubbish insider news. ! Wonder what they have for bfasts????

Posted by Johnny Lawrence > 2020-08-22 14:12 | Report Abuse

Insidious news. TP RM2 minimum

Kaizenzon

380 posts

Posted by Kaizenzon > 2020-08-23 13:24 | Report Abuse

This Asiaply has been keeping the spirit high throughout Covid time.

Posted by AxeCapital2077 > 2020-08-23 20:59 | Report Abuse

TP 84 ringgit same with topglove :) insider news guys :)

Stockhunter88

2,031 posts

Posted by Stockhunter88 > 2020-08-23 21:03 | Report Abuse

Insider news, Asiaply to boost as no1 market in klci, followed by Tg and MBB as 1st and end runner up..

willee2

1,089 posts

Posted by willee2 > 2020-08-23 22:33 | Report Abuse

latest inside news, will be in Forbes 100. not 500 but top 100 !!!

TheTitanic

337 posts

Posted by TheTitanic > 2020-08-24 09:34 | Report Abuse

looks like our insider news work. Next tp same with tesla 2000

Lyu

16 posts

Posted by Lyu > 2020-08-24 11:12 | Report Abuse

Yeahh I already gain rm40k profit from holding!

mf

28,511 posts

Posted by mf > 2020-08-24 14:52 | Report Abuse

tp 0.580

AdamK733

155 posts

Posted by AdamK733 > 2020-08-24 15:16 | Report Abuse

this week will hit 60c.....

finger cross

TheTitanic

337 posts

Posted by TheTitanic > 2020-08-24 15:22 | Report Abuse

just keep putting the insider news guys :) we will get to tg level

oolala

8 posts

Posted by oolala > 2020-08-24 16:27 | Report Abuse

This stock has good fundamentals. Easily 60-70c. No need use insider news also know.

Posted by AxeCapital2077 > 2020-08-24 16:34 | Report Abuse

another insider news tp to moon

willee2

1,089 posts

Posted by willee2 > 2020-08-24 17:06 | Report Abuse

insider news , latest one , will drop back tmr.

lau9639

467 posts

Posted by lau9639 > 2020-08-24 18:18 | Report Abuse

Private placement of up to 20% for Asia poly. The fund will be used for big investment

Erik7865

44 posts

Posted by Erik7865 > 2020-08-24 19:56 | Report Abuse

@lau can u elaborate more regarding this announcement ?
Means that Asia poly will convert their 20% share to third party ?
What is the impact ?

oolala

8 posts

Posted by oolala > 2020-08-24 21:16 | Report Abuse

It is to fund new production lines due to increase in demand.

lau9639

467 posts

Posted by lau9639 > 2020-08-24 21:57 | Report Abuse

Erik7865 Private placement (PP) is one of the ways for company to raise fund for certain projects development or specific purpose. It can be from institutional or individual or with synergy effect.
For Asia poly, I noticed these few days the price spike high , it indicates the company future is very bright,there are buyers willing to cough out higher pp price to take up 20% pp shares. Just hold tight!

Erik7865

44 posts

Posted by Erik7865 > 2020-08-24 22:06 | Report Abuse

Thank you lau

lau9639

467 posts

Posted by lau9639 > 2020-08-24 22:12 | Report Abuse

Normally when a company want to launch pp exercise, they will push the price to much lower level, after taking the average price, they will push up again to enable the pp buyer takes some price advantage. But Asia poly is the other way round, I guess the future is very good . Pp price could be 50-60 sen or higher per shares. It is just my 2 cents!

lau9639

467 posts

Posted by lau9639 > 2020-08-24 22:16 | Report Abuse

The PP fund could be used for renewable energy development ! It is a big and lucrative project!

mf

28,511 posts

Posted by mf > 2020-08-25 05:08 |

Post removed.Why?

Posted by andreakoay > 2020-08-25 07:15 | Report Abuse

spike again ya asiaply.... go go go...

Topper88

253 posts

Posted by Topper88 > 2020-08-25 07:37 | Report Abuse

What is the effect of private placement?
Is it usually a good news to investors?
If then, planning to add more to my current holding.

Lyu

16 posts

Posted by Lyu > 2020-08-25 12:26 | Report Abuse

Should i place orders at 0.45 then

Posted by AxeCapital2077 > 2020-08-25 19:01 | Report Abuse

insiders please give us more tp :(

Posted by fluffyclouds > 2020-08-25 19:34 | Report Abuse

@Lyu... no wait a few weeks until the counter drops into mid RM0.30's

lau9639

467 posts

Posted by lau9639 > 2020-08-25 21:28 | Report Abuse

Just read an article, Asia poly plans to raise RM76.4 millions fr private placement exercise, with an indicative price is assumed to be at RM0.47, which is a discount of 8.38% to the 5 days Volume Weighted Average Market Price (VWAMP) of RM0.513. 55 millions to be used for viable investment in manufacturing business, 10 millions for repay bank borrowings.and 11.3 millions for working capital purposes!

Posted by fluffyclouds > 2020-08-25 21:43 | Report Abuse

Yes but PP will dilute shareholder value so this is not great for Asiaply. 'Buy on rumor sell on news'..news is out price has come down. One of the directors just disposed of a million shares on today.

lau9639

467 posts

Posted by lau9639 > 2020-08-25 22:20 | Report Abuse

The director disposed 5 millions shares via off market at 0.48 sen is mainly for institutional fund

lau9639

467 posts

Posted by lau9639 > 2020-08-25 22:29 | Report Abuse

The MD Dato Yeo sold three times each 5 millions shares via off market mainly to an institutional funder, whom is also a private placement taker. I guess this big institutional funder is joining the company on new expansion manufacturing expansion. It is a good news!

mf

28,511 posts

Posted by mf > 2020-08-26 06:13 | Report Abuse

25-Aug-2020 Insider DATO' YEO BOON LEONG (a substantial shareholder) disposed 5,000,000 shares on 24-Aug-2020.
25-Aug-2020 Insider DATO' YEO BOON LEONG (a company director) disposed 5,000,000 shares at 0.048 on 24-Aug-2020.

willee2

1,089 posts

Posted by willee2 > 2020-08-26 12:38 | Report Abuse

u know what will happens after director disposed so much? time to up. gonna monitor this now. pew pew

mf

28,511 posts

Posted by mf > 2020-08-26 14:12 | Report Abuse

26-Aug-2020 Insider DATO' YEO BOON LEONG (a company director) disposed 5,000,000 shares at 0.480 on 24-Aug-2020.

Lyu

16 posts

Posted by Lyu > 2020-08-26 20:31 | Report Abuse

Why dispose so much

SK1200

857 posts

Posted by SK1200 > 2020-08-27 15:29 | Report Abuse

Buy and keep..will reward u soon

Aaron_tan

2,337 posts

Posted by Aaron_tan > 2020-08-27 18:04 | Report Abuse

Cost is fewcl cents haha

TheTitanic

337 posts

Posted by TheTitanic > 2020-08-28 08:51 | Report Abuse

when director dispose = limit up :D what they do, you do opposite = profits

Posted by Iamnotasifu > 2020-08-28 22:39 | Report Abuse

gg limit down soon la

willee2

1,089 posts

Posted by willee2 > 2020-08-29 01:02 | Report Abuse

titanic , u can only apply that to goreng company la...this co wont goreng. therefore , directors sell = down.

lau9639

467 posts

Posted by lau9639 > 2020-08-29 12:46 | Report Abuse

25/8 Dato Yeo bought in 1,000,000 shares @ 0.443. It shows major shareholders with high confidence on the coming qr results and the future developments

Live2Win

487 posts

Posted by Live2Win > 2020-08-29 15:21 | Report Abuse

Lau9639@ ...Dato Yeo was more interested to dispose his share at 0.48cts and then bought back at 0.443cts. He just wanted to earn some pocket money. That is the trick that u shud learn.

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