Posted by capricornus_tai > 2020-11-10 14:43 | Report Abuse

All gloves stock down, asiapoly definitely follow the same as are covid related stocks.

Posted by Catlim69 > 2020-11-10 16:31 | Report Abuse

Yes is time to full exit covid related counters

Posted by lks1118 > 2020-11-10 17:43 | Report Abuse

YouTube Link on Asia Poly: https://youtu.be/8denr-m7gzE

Asia Poly Holdings Bhd is the only listed Malaysian manufacturer of cast acrylic sheets. The Company’s share price recorded a sharp increase by 1,866% to a high of 59 sen in August. The Covid-19 pandemic and US-China Trade War have contributed to additional orders for its acrylic products which led to a higher 3Q net profit, nearly 400% higher than 2Q. Please watch the video to learn what is the further upside of this company.

Posted by lau9639 > 2020-11-10 20:48 | Report Abuse

Acrylic products not only applicable to health care , it also needed in many industries such as education, automotive, buildings, and other engineering fields. Why the boss wants to expand and double the capacity ? Don’t you think that the management knows covid will be over once the vaccine is in the market? Think for yourself!

Posted by roger3210 > 2020-11-11 00:38 | Report Abuse

run asap b4 it crash below 30c in next few months, after covid19 the co will e making loss again or tiny profit, current share price will be super overvalue by then !

Posted by jinxstock20 > 2020-11-11 01:55 | Report Abuse

Either is undervalue or super overvalue, QR will show. Let see then

Posted by capricornus_tai > 2020-11-11 10:35 | Report Abuse

Below 30c last month end become below 30c bu this month and now is below 30c in next few months???
Better say nxt few years....

Vaccines still in trial stage.....

Posted by richcares > 2020-11-11 15:26 | Report Abuse

what does Asia poly have to do with glove making??

Posted by Small_Ikan > 2020-11-12 00:11 | Report Abuse

yea, hopefully they can find new growth area , other than acrylic sheets
like in automotive sector , that will be huge area to tap

Posted by roger3210 > 2020-11-12 09:59 | Report Abuse

new low coming !!!

Posted by Small_Ikan > 2020-11-12 10:06 | Report Abuse

yea . low like roger underperform

Posted by Catlim69 > 2020-11-12 11:13 | Report Abuse

Ya with vaccines at the corner, those benefit from covid will not have further upside even release excellent result

Posted by Small_Ikan > 2020-11-12 12:31 | Report Abuse

just find new growth area.

Posted by hisham569 > 2020-11-12 18:31 | Report Abuse

Downtrend now.

Posted by hisham569 > 2020-11-12 19:00 | Report Abuse

Need to stay above 37 sen or next support 34.5 sen. Still in downtrend channel. Need to pass 0.40 at least for uptrend..

Posted by Kaizenzon > 2020-11-12 23:17 | Report Abuse

One of the best performing stock in Q2 and Q3. Should keep up the momentum. Polymer and fiberboard is a good product to replace wooden panel. Waterproof, light weight and easy to clean.

Posted by flyingtomoon2020 > 2020-11-12 23:22 | Report Abuse

Asiaply gogogo

Posted by flyingtomoon2020 > 2020-11-12 23:22 |

Post removed.Why?

Posted by soulmad > 2020-11-13 10:09 | Report Abuse

go to where now?

Posted by ling1224 > 2020-11-13 11:18 | Report Abuse

YouTube Link: https://youtu.be/8denr-m7gzE
Asia Poly Holdings Bhd is the only listed Malaysian manufacturer of cast acrylic sheets. The Company’s share price recorded a sharp increase by 1,866% to a high of 59 sen in August. The Covid-19 pandemic and US-China Trade War have contributed to additional orders for its acrylic products which led to a higher 3Q net profit, nearly 400% higher than 2Q. Please watch the video to learn what is the further upside of this company.

Posted by martinking > 2020-11-13 11:32 | Report Abuse

waiting to summon roger to bark for new low price advise...haha

Posted by Aaron_tan > 2020-11-14 21:53 | Report Abuse

If got the word potential better keep for yourself

Posted by Aaron_tan > 2020-11-15 10:52 | Report Abuse

Poor roger sold asiaply already

Posted by fluffyclouds > 2020-11-16 11:04 | Report Abuse

Going to double my holdings in asiaply. Good article in the edge. The Malaysian stock market so funny, a good company with great prospects and in profit, no interest. A loss making company venturing into new business ...everyone wants to buy!!

Posted by veron teo > 2020-11-16 12:53 | Report Abuse

ROGER BUSY BARK IN ATURMAJU HAHA
HE WILL BE BACK ONCE ASIAPLY TURN RED....AND CONTINUE BARK LOW PRICE

Posted by martinking > 2020-11-16 17:40 | Report Abuse

its weird, whenever asiaply is green..the dog is missing..hahaha

Posted by roger3210 > 2020-11-16 18:00 | Report Abuse

it will sink together with other stocks that previously benefit from covid19, not to mention there are 30mil of ASIAPLY-WA to be converted to mother share b4 expire on 15 december 2020, more selling pressure wil come right after the conversion, massive dilution and follow by massive sell down ! Covid 19 over, acrylic sheet demand will drop significantly, selling price will fall like a rock, raw material has starting to move up, all these bad news enough to kill this stock below 30c, no reason at all the stock to stay at current level, distribution is kicking in, sell or suffer massive loss in next few weeks. !

Posted by firewall9301 > 2020-11-16 18:41 | Report Abuse

Warrants exercise commands an exercise price to be paid to the Company!

Posted by BetterTomorrow > 2020-11-16 19:07 | Report Abuse

Roger3210, next week will be 0.45

Posted by BetterTomorrow > 2020-11-16 19:08 | Report Abuse

Or maybe higher

Posted by roger3210 > 2020-11-16 19:32 | Report Abuse

ppl will be definitely switching away from sectors that benefit from covid19 to recovery sectors like airline, banking, gaming and oil n gas. Dont waste you time on gloves/mask/faceshield theme anymore, there is only 1 direction for these them, DOWN! All these covid19 benefit stocks will sink 30-50% or more in next few months , including the leader topglov!

Recovery stocks has HUGE upside since they r at multi year new low, despite recent rebound, there r still plenty of upside when covid19 is over.

Bye bye Asiaply, see u at 20c+

Posted by BetterTomorrow > 2020-11-16 20:11 | Report Abuse

Agreed, but not this stock. Please study the usage of acrylic, I may be wrong. Shield is only small portion of the total usage for world acrylic. Well if you don't like please dump if you still have it. Agreed on banking but npl may surge after few months, airline well may start profit only after few months later as ppl still no travel. Oil and gas still depend on price of the blent oil. Anyway good luck

Posted by roger3210 > 2020-11-16 23:20 | Report Abuse

asiaply earning was very bad before covid19, when everything back to normal, asiaply earning will back to the level before covid19, which is -ve earning result, not just demand of acrylic will drop significantly, ASP also will drop while cost is increasing. Asiaply probably will go to 20c level or even below 20c when covid19 is over.

Posted by fluffyclouds > 2020-11-17 13:06 | Report Abuse

I doubt that will be the case, because the directors have decided to build a new factory, ready June 2021, which will double their production capability. Plus covid has allow them to expand their sales into Europe and the USA, so Asia poly will have become a familiar brand over there after covid....

Posted by veron teo > 2020-11-17 14:13 | Report Abuse

haha anjing kutu is back again... go bark ur insas ur solutn or whatever fake account u created in those counter laaaa! millions dollar team!! hahahahhahah millions dollar bark

Posted by huat_ar > 2020-11-17 14:18 | Report Abuse

haha anjing kutu.. roger.. u lose money in asiaply before? or aturmaju? just curious..

Posted by fl888 > 2020-11-17 14:20 | Report Abuse

Dolphin is playing it up and down...

Posted by 123eztrade > 2020-11-18 08:06 | Report Abuse

over valued stick .. earnings won't sustain...

Posted by lks1118 > 2020-11-18 09:38 | Report Abuse

YouTube Link (Chinese Version): https://youtu.be/pslGsXMOJMc

Asia Poly Holdings Bhd (亚洲塑胶控股) 是大马唯一一家上市的压克力板制造公司。该公司的股价在今年8月份大涨至59仙的高位，多个月来的幅度高达1,866%。同时，Covid-19疫情及中美贸易战协助推高了该公司的订单，并创下优秀的第三季盈利表现。更多有关该公司的详情，请观看视频！

Posted by huat_ar > 2020-11-18 11:14 | Report Abuse

haha red now.. waiting roger come out and wowowo.... haha

Posted by ling1224 > 2020-11-18 11:53 | Report Abuse

ya. he only appear when it is red

Posted by lau9639 > 2020-11-18 19:23 | Report Abuse

Good news to all shareholders

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3106150

Posted by BetterTomorrow > 2020-11-18 19:53 | Report Abuse

Lagest South East Asia

Posted by lau9639 > 2020-11-18 19:57 | Report Abuse

Buying 30% of one of the world leading manufacturers and exporters of extruded acrylic and plastic sheets!! One of the best and fastest way to increase the market shares, profitability of the company!

Posted by Erik7865 > 2020-11-18 20:48 | Report Abuse

Flyyyyyy

Posted by lau9639 > 2020-11-18 21:05 | Report Abuse

This is the solid efforts by the management! While waiting for the new factory ready for operations in June, 2021, the management expand their market shares by investing in GBP so as to capture world market shares earliest possible!Waiting for Asia poly to fly!

Posted by BetterTomorrow > 2020-11-18 21:07 | Report Abuse

Actually Roger has his reason to say the stock drop back to 20cent if the Biz only purely based on covid 19 shield, but If you understand the Biz well, acylic is actually usage for many industrial including now solar panel ( if you read the announcement). I don't have many this stock. But I think fundamental is strong with zero gearing.

Posted by Erik7865 > 2020-11-18 21:48 | Report Abuse

( Pretending I‘m Roger )
Vaccine will launch very soon , all of this news already factor in current price ! Once vaccine out the demand will drop instantly ! 20c is coming very soon !

Posted by WallStreet88 > 2020-11-18 22:14 | Report Abuse

https://www.theedgemarkets.com/article/asia-poly-buys-30-stake-acrylic-manufacturer-gb-plas-rm15m

"We see a rising demand for extruded acrylic and plastic sheets in Asia, the US and European markets. In fact, we are anticipating a large long-term contract from a US customer which is currently in its advanced stage of discussion."

"Furthermore, given that Asia Poly's production lines are currently running at full capacity, the acquisition shall provide an immediate expansion opportunity as GB Plas' plant is currently running at a utilisation rate of between 50% and 60%. This boosts our initial plan of doubling up our production capacity to 1,600 tonnes per month by September 2021," Asia Poly executive chairman Datuk Yeo Boon Leong said in a statement today.

Posted by lau9639 > 2020-11-18 22:27 | Report Abuse

"Furthermore, given that Asia Poly's production lines are currently running at full capacity, the acquisition shall provide an immediate expansion opportunity as GB Plas' plant is currently running at a utilisation rate of between 50% and 60%. This boosts our initial plan of doubling up our production capacity to 1,600 tonnes per month by September 2021," Asia Poly executive chairman Datuk Yeo Boon Leong said in a statement today.

Meanwhile, Gooi said: "We see a rising demand for extruded acrylic and plastic sheets in Asia, the US and European markets. In fact, we are anticipating a large long-term contract from a US customer which is currently in its advanced stage of discussion.

"GB Plas will be able to tap into these markets even more efficiently through the market channels provided by Asia Poly. Just like cast acrylic sheets, we have seen a sharp spike in orders from new customers this year, thus it is important that we capture these market opportunities by having a larger combined presence through this corporate exercise."