Posted by de_investor > 2020-06-23 18:47 | Report Abuse

AppAsia shall officially launch its eConfirm.my platform on 26 June 2020. eConfirm.my is Malaysia’s first and only industry-wide electronic bank confirmation platform in collaboration with Malaysian Association of Accountants (MIA)....sure limit up any time...

Posted by sweetswag > 2020-06-23 20:46 | Report Abuse

If you think can huat with appasia, buy toto better

Posted by luckyman > 2020-06-23 20:50 | Report Abuse

https://econfirm.my/

https://econfirm.my/about-econfirm-platform/

A few major participating banks for this app?? Home run for the company !!!

Posted by de_yangtulor > 2020-06-23 21:02 | Report Abuse

Waiting for limit up soon...hahaa $$

Posted by Huat huat 2020 > 2020-06-23 21:08 | Report Abuse

More than 100 audit firm already start to use the platform...

Posted by Faith In > 2020-06-23 21:18 | Report Abuse

Naysayers everywhere... When share up then they disappear... Destined to be forever loser in market

Posted by Faith In > 2020-06-23 21:19 | Report Abuse

Loser @sweetswag sell even before the surge... Loser.

Posted by Huat huat 2020 > 2020-06-24 07:42 | Report Abuse

Sentiment turns better. Today we shall see it pass 50c and move to 60c hurdle soon.

Posted by de_investor > 2020-06-24 08:11 | Report Abuse

wil touch 0.70++...afternoon

Posted by de_yangtulor > 2020-06-24 09:15 | Report Abuse

Every day..break new high...pls observe..to rocket..hehe

Posted by foo > 2020-06-24 12:53 | Report Abuse

The big opportunity in this space is digital transformation.” — Jonathan Curtis, vice-president of Franklin Equity Group
KUALA LUMPUR (June 23): Technology sector will see "powerful acceleration" growth in both revenue and earnings, according to Franklin Templeton Investments.
"Once we get through this crisis, we're going to start seeing very powerful acceleration, not only in revenue but in earnings for this sector," said Jonathan Curtis, vice-president of Franklin Equity Group at Franklin Templeton Investments, in "Tech Sector in the Post Pandemic World" webinar session today.
"Investors are so positive about this sector right now. Because coming out of this crisis, it (the tech sector) is well positioned to drive very strong growth," he said.
Curtis highlighted that the expected exponential growth would materialise in the coming three to five years.
"The Covid-19 [pandemic] has accelerated the opportunity in this space and we think coming out of this current challenge, we are going to see an acceleration in technology investment," said Curtis.
In terms of valuation, Curtis said the sector's valuation is reasonable, given its long-term growth potential and high quality of growth.
He believes that the IT sector's valuation is elevated but not excessive, and when compared with valuations of the S&P 500, the tech index is only at an 8% premium currently.
Curtis pointed out that the price-to-earnings multiple on S&P 500 info technology index of 25.01 times currently is nowhere near the level in 1999 to 2000 of over 50 times. "Thus, we don't think this is a bubble," he said.
On the local front, technology stocks can be seen swarming the top gainers list in the recent three months. Bursa Malaysia technology index, from this year's low of 23.81 points in March, has jumped 73.2% to 41.24 points at the time of writing.
The stellar performance of the four FANG stocks has helped fuel the upward trend among Malaysian tech stocks. All three Apple Inc, Netflix Inc and Amazon.com Inc have just hit a record high on Wall Street.
Alphabet Inc, on the other hand, has rebounded US$400 to US$1,451.86 from the low in March.
Curtis expressed his optimism about the tech sector, saying that its growth "is going to go on for a long time" on the back of digital transformation.
"The big opportunity in this space is digital transformation," said Curtis, saying that it will be supported by growth drivers such as artificial intelligence, fintech, internet of things, and 5G technology, among many others.
Curtis said the demand and the need to use the technology have really soared during the Covid-19 pandemic.
"We needed to learn how to work from home, educate from home, shop from home, exercise from home, healthcare from home, socialise from home and dine out from home," he said, adding that there has been a massive retraining of consumers on how the services work and what it could do, during the lockdown.
Curtis noted that consumers and businesses are going to continue to use these digital services and that retraining will continue not just until a vaccine is broadly administered, but even post the Covid-19 crisis.
Furthermore, he said that the tech sector has a "very good quality" being the third-most profitable sector across the S&P 500 by earnings before interest, tax, depreciation and amortisation margins, adding that it is also one of the few S&P 500 sectors that are net cash positive.
"And it (being in a net cash positive position) really matters especially in times like this when there is so much volatility in the market," said Curtis.

Posted by Speedup > 2020-06-24 16:00 | Report Abuse

run

Posted by Speedup > 2020-06-24 16:38 | Report Abuse

good luck

Posted by stockbreaker87 > 2020-06-24 20:01 | Report Abuse

why so undervalue gem no people buy? wasted...

Posted by de_yangtulor > 2020-06-24 20:29 | Report Abuse

Waiting for rocket 2moro...heeheee..2day sentimen day...huu

Posted by eddyng3300 > 2020-06-24 20:37 | Report Abuse

put on your safety belt, when rocket shoots make sure you don't fall off

Posted by de_yangtulor > 2020-06-24 20:55 | Report Abuse

Fri launching e Confirm..mayb 2moro start flying until fri morning....

Posted by yoyo > 2020-06-25 11:37 | Report Abuse

e Confirm, cost down for bank yet save all the physical moving around of documents and cut down the risk of virus infection. No reason bank not using.
New engine add in Appasia...

Posted by luckyman > 2020-06-25 13:25 | Report Abuse

https://econfirm.my/about-econfirm-platform/

It's kinda another MYEG in the making. Digital platforms will rule in the new norm post Covid-19 pandemic.

Posted by InsiderPro > 2020-06-25 17:11 | Report Abuse

This is an undervalued counter, look at what MYEG first started with, if not of the political instability, they would have broke the 3 mark.

Seems like this is another black horse gonna run, and from reliable source that, some prominent people is backing this.

Time to grab the golden nuggets!

Posted by learning2invest > 2020-06-25 18:34 | Report Abuse

Cannot compare with Myeg but maybe can match Revenue

Posted by stockbreaker87 > 2020-06-25 22:55 | Report Abuse

when drop, no people looking at it, when up, people chasing...weird people

Posted by Bursa Wolf > 2020-06-26 08:40 | Report Abuse

Reference is made to the announcements made by the Company on 12 June 2018 and 30 October 2019 respectively, pertaining to the Collaboration Agreement between Malaysian Institute of Accountants (“MIA”) and Extol Corporation Sdn Bhd (“ECSB”), a wholly-owned subsidiary of AppAsia on 12 June 2018 to exclusively develop and promote an Industry-wide Electronic Bank Confirmation Platform “eConfirm.my” (“Platform”) to facilitate bank confirmation process in Malaysia.



The Company wishes to announce the official launch of “eConfirm.my” (“Platform”) on 26 June 2020 after the completion of the trial run and rolled out the soft launch since 5 May 2020 with eight licensed financial institutions in Malaysia as Participating Financial Institutions to the Platform.



The main objective of the Platform is to improve the bank confirmation efficiency and reduce the respond time from weeks to days. This collaboration is for a period of 12 years contract period from 2018 until 2030.



At the initial stage, the Platform will levy a flat transaction fee of RM15 (excluding service tax) for confirmation conducted through the Platform. The current target market of the Platform are member firms of MIA who are currently auditing approximately 1.3 million private and public limited company registered with Companies Commission of Malaysia (“CCM”) who are required to procure bank balance confirmation from licensed financial institutions for the preparation of statutory and/or non-statutory audit.



As at the date of this announcement, 354 of member firms of MIA had registered as participating auditors with the Platform and the Company expects more member firms to participate in the Platform after the launch.



Being the exclusive service provider through the Platform, the Company will endeavor to add more licensed financial institutions as Participating Financial Institutions. The Company will also launch campaigns to promote awareness and encourage the usage of the Platform by member firms of MIA.



This announcement is dated 25 June 2020.

Posted by mushroom > 2020-06-26 09:26 | Report Abuse

Burst

Posted by sowaaa > 2020-06-26 09:31 | Report Abuse

????????

Posted by SpicyMcDeluxe > 2020-06-26 09:39 | Report Abuse

Kekw

Posted by Sashay88 > 2020-06-26 09:41 | Report Abuse

wassup this counter ??

Posted by mf > 2020-06-26 09:51 |

Post removed.Why?

Posted by aikinlai > 2020-06-26 09:56 | Report Abuse

A massive slaughter n killing

Posted by Mb88lee > 2020-06-26 10:11 | Report Abuse

Why other share up, appasia drop like diarrhea.

Posted by suffian26 > 2020-06-26 10:12 | Report Abuse

what happen here, any bad news?

Posted by johnkitaro > 2020-06-26 10:13 | Report Abuse

bubble explode

Posted by johnkitaro > 2020-06-26 10:14 | Report Abuse

buy now... it will
rebound

Posted by InsiderPro > 2020-06-26 10:37 | Report Abuse

It’s the standard market movement, usually public will mass sell before any announcements, and create the waterfall effect, this will allowed the cash-rich buyer to buy in more position, and upon renounce, they basket a massive profit.

It’s a world of wonder for Rich to get Richer!

Posted by mf > 2020-06-26 10:50 |

Post removed.Why?

Posted by Oracle of Omni > 2020-06-26 11:15 | Report Abuse

Go go rebound, eat before too late

Posted by Hairul Hafizy > 2020-06-26 11:27 | Report Abuse

afternoon & next week shld be flying...

Posted by mf > 2020-06-26 12:00 |

Post removed.Why?

Posted by mf > 2020-06-26 12:04 |

Post removed.Why?

Posted by mf > 2020-06-26 12:05 |

Post removed.Why?

Posted by mf > 2020-06-26 12:07 |

Post removed.Why?

Posted by Hairul Hafizy > 2020-06-26 12:15 | Report Abuse

any tp for this counter?

Posted by sweetswag > 2020-06-26 12:23 | Report Abuse

Appasia is a lie

Posted by lengchai > 2020-06-26 12:36 | Report Abuse

waiting for second wave

Posted by KL Liew > 2020-06-26 12:46 | Report Abuse

stupida counter hahaha

Posted by xuxu > 2020-06-26 14:20 | Report Abuse

roller coaster, sakit jantung

Posted by jkfost > 2020-06-26 14:38 | Report Abuse

potential to rebound afternoon session

Posted by Jacky88 > 2020-06-26 14:40 | Report Abuse

hope it break 0.35 cents

Posted by DRwarrant > 2020-06-26 14:42 | Report Abuse

warren Bufett >> BE GREEEEEEEEEDY when others in Shiveringg !

Posted by apolloang > 2020-06-26 15:12 | Report Abuse

boosa home online casino.....hahaha