APPASIA BERHAD

KLSE (MYR): APPASIA (0119)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.155

Today's Change

-0.005 (3.13%)

Day's Change

0.15 - 0.16

Trading Volume

6,709,300


7 people like this.

3,234 comment(s). Last comment by bestie9292 1 day ago

paliyahya

87 posts

Posted by paliyahya > 2021-08-01 12:46 | Report Abuse

Bleh ringkaskan die kata apa?

simonscs

280 posts

Posted by simonscs > 2021-08-02 11:34 | Report Abuse

Strong support

simonscs

280 posts

Posted by simonscs > 2021-08-02 17:04 | Report Abuse

ini kali la, nice closing, real show mari. this week try 0.30

Raiz368

1,583 posts

Posted by Raiz368 > 2021-08-02 19:39 | Report Abuse

Wednesday after force sell will fly to above 20 cent...if the mkt sentimen positif will break to 30 cent

charlie chia

2,149 posts

Posted by charlie chia > 2021-08-02 19:44 | Report Abuse

Today well supported

Posted by kamirise360 > 2021-08-02 19:47 | Report Abuse

Still long way to go for 0.20

Posted by charlie chia > Aug 2, 2021 7:44 PM | Report Abuse

Today well supported

simonscs

280 posts

Posted by simonscs > 2021-08-02 20:30 | Report Abuse

Show coming

simonscs

280 posts

Posted by simonscs > 2021-08-02 22:28 | Report Abuse

GAP UP 0.25

charlie chia

2,149 posts

Posted by charlie chia > 2021-08-03 00:05 | Report Abuse

Wah sure or not gap up

Posted by Investor118 > 2021-08-03 10:18 | Report Abuse

Last Friday lan si one day one. Haizz

aleesya

87 posts

Posted by aleesya > 2021-08-03 12:54 | Report Abuse

Gone?

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-08-03 12:55 |

Post removed.Why?

Malc7984

226 posts

Posted by Malc7984 > 2021-08-03 15:43 | Report Abuse

Be patient. Next week see the reward.

Posted by Newbie Here > 2021-08-03 15:54 | Report Abuse

Political issue. Whole market low volume

simonscs

280 posts

Posted by simonscs > 2021-08-03 17:54 | Report Abuse

Ok, let see how

aleesya

87 posts

Posted by aleesya > 2021-08-03 19:39 | Report Abuse

Reach price 30cts cukup laa. You think can or
not?

simonscs

280 posts

Posted by simonscs > 2021-08-03 19:49 | Report Abuse

Ok, maybe surprise you

awesome20

1,184 posts

Posted by awesome20 > 2021-08-03 20:37 | Report Abuse

contra no more...ride before too late...target 180/200

aleesya

87 posts

Posted by aleesya > 2021-08-03 21:12 | Report Abuse

Whats yr target pls, simonscs?

simonscs

280 posts

Posted by simonscs > 2021-08-03 23:19 | Report Abuse

Sleep and sweet dreams all. Good luck all

simonscs

280 posts

Posted by simonscs > 2021-08-03 23:20 | Report Abuse

Aleesya, hard to say now. Just wait For it

simonscs

280 posts

Posted by simonscs > 2021-08-04 08:08 | Report Abuse

Good morning all

aleesya

87 posts

Posted by aleesya > 2021-08-04 09:54 | Report Abuse

Morning simonscs. Do you hv tips on this counter, ahh? Share what you heard, kawan. Whats the TP, pls?

Posted by Dingdongbell > 2021-08-04 11:26 | Report Abuse

Bgt more 15c, keep

ceelo87

405 posts

Posted by ceelo87 > 2021-08-04 11:54 | Report Abuse

collect again...warrants too

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-08-04 11:56 | Report Abuse

TP rm 15 wor ,sailang please

newbiee

20 posts

Posted by newbiee > 2021-08-04 16:08 | Report Abuse

stuck in 18.5c = =

xixixi123

12 posts

Posted by xixixi123 > 2021-08-04 18:24 | Report Abuse

TP? Buy RM0.2 and TP 0.12

Posted by Winner_Master > 2021-08-04 20:46 | Report Abuse

Let see tomorrow whether stock price can sustain at 0.15. If the price weaker and downward to below 0.14. Then no more show already. Run.

bluelight

147 posts

Posted by bluelight > 2021-08-05 09:21 | Report Abuse

Appasia have good business model, hope it can turn into good profit company

newbiee

20 posts

Posted by newbiee > 2021-08-05 16:57 | Report Abuse

my business model is to invest Appasia , i did my part. it didnt :(

ceelo87

405 posts

Posted by ceelo87 > 2021-08-05 21:59 | Report Abuse

2nd wave goreng again

bowman

2,551 posts

Posted by bowman > 2021-08-06 16:13 | Report Abuse

https://www.ezytred.com/ - one of Appasia's e-marketplace?

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-08-06 16:14 | Report Abuse

hahaha long term investment ??

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-08-06 16:14 | Report Abuse

so many waterfish

HappyBuyer

352 posts

Posted by HappyBuyer > 2021-08-06 17:02 | Report Abuse

Appasia is a goreng counter, today u see it drop, anytime it will rise again unexpectedly.

Posted by Dingdongbell > 2021-08-06 17:13 | Report Abuse

We shall wait for for next wave… buy more next week

bowman

2,551 posts

Posted by bowman > 2021-08-07 08:15 | Report Abuse

Buy on wekness, sell on strength. Look at the past record six moths before e-Confirm was launched. Then look at one week after e-Confirm was launched. The prices didnt move, until it caught the eye of investment funds. That's what it starts uptrend till 0.80. Nothing has changed since that time - no additional liabilities, only addition to business (with TM's yellow pages). These past weeks are merely impatient small-time buyers cannot afford to go long. When investing, use research and commonsense. Punting will make you roadkill for investors.

minher

367 posts

Posted by minher > 2021-08-09 10:08 | Report Abuse

Singapore's PE firm to buy a third of AppAsia?

KUALA LUMPUR: Northstar Group, a Singapore-headquartered private equity (PE) firm, is eyeing to buy a third of AppAsia Bhd from the latter's ultimate shareholder for 55 sen a share.

Northstar, which manages more than US$2.2 billion of equity capital dedicated to investing in growth companies in Southeast Asia, planned to take AppAsia private, said a person with knowledge of the matter.

It is understood that the ultimate shareholder of AppAsia is Yuk Tung Group.

The current dominant shareholder of AppAsia is a top associate of the privately-held Yuk Tung, the source said.

MORE NEWS
Pimpinan Ehsan buys renewable energy firm for RM373mil
PropertyGuru buys Australia-based REA Group's firms in Malaysia, Thailand
Malaysians move away from Australia to buy Singapore real estate
Singapore home sales drop for third month due to virus curbs
"The offer will include not only the mother shares, but also both AppAsia warrants. Based on AppAsia's closing price on Friday, the combined market value per unit of the mother shares and warrants is 28.5 sen," the source added.

Since its founding in 2003, Northstar has raised five private equity funds and invested in more than 35 companies including Gojek, according to its website.


The companies come across the banking, insurance, consumer/retail, manufacturing, oil and gas, coal and mining services, technology, telecom and agribusiness sectors.

Northstar's interest in AppAsia is due to the latter's 12-year electronic bank confirmation contract with the Malaysian Acounting Association (MAA) where it is charging RM15 per bank confirmation.

Apart from AppAsia, there was only one other company in the world providing similar e-confirmation platform independently on a commercial scale, that being the Thomson Reuters-owned Conformation, the source noted.

Conformation charges its customers a flat rate in US dollar, while AppAsia charges in ringgit.

Northstar was expected to bring the AppAsia platform to Singapore, Vietnam, Indonesia and the Phillipines in a big way, the source added.

"Northstar has the credibility to do so as it is the PE firm which has helped put Gojek, a small start-up from Indonesia, into a giant entity that it is today."

Despite offering the potential 55 sen per share, the source said Northstar would possibly get AppAsia shares cheaply as from 2022 and with proper marketting, AppAsia might gain RM15 million to RM30 million a year for the next 11 years from its monopoly of the MAA electronic platform.

"AppAsia is said to be anticipating all auditors and banks operating in Malaysia to adopt this fintech e-confirmation platform developed in-house and targets to process annual bank audit confirmations for 1.3 million companies that are registered with the Companies Commission of Malaysia," said rival PE firm Potential Excelerate Group in a report.

This would be in line with the digitalisation within the banking industry through initiatives such as DuitNow by Bank Negara Malaysia, added Potential Excelerate.

OneDelta, a home-bred analytics firm meanwhile, has given AppAsia its strongest and highest rating on record.

"Stock in booming mode can be traded very volatile, price can swing largely day-to-day. While having big upside potential, the downside risk can be huge if the stock is not meeting the market expectation," OneDelta said in a report, adding that AppAsia as a stock was "shooting to the moon".

Shooting to the moon is a term used by traders to describe a lowly priced stock which suddenly acquires a much higher premium than before.

Malc7984

226 posts

Posted by Malc7984 > 2021-08-09 10:26 | Report Abuse

Come on Appasia... There is really good news.

charlie chia

2,149 posts

Posted by charlie chia > 2021-08-09 12:07 | Report Abuse

Min her
Where you got the source

Posted by birkincollector > 2021-08-09 12:37 | Report Abuse

if true should limit up lol

face

670 posts

Posted by face > 2021-08-09 12:43 | Report Abuse

Singapore's PE firm to buy a third of AppAsia? Afternoon Limit UP??
It is understood that the ultimate shareholder of AppAsia is Yuk Tung Group. Reverse Take Over (RTO)??

https://www.nst.com.my/business/2021/08/716370/singapores-pe-firm-buy-third-appasia
https://www.yuktung.com.my/

charlie chia

2,149 posts

Posted by charlie chia > 2021-08-09 12:44 | Report Abuse

Tks Hockster for the info

Malc7984

226 posts

Posted by Malc7984 > 2021-08-09 14:48 | Report Abuse

Seems like there is no reaction from this stock.

bowman

2,551 posts

Posted by bowman > 2021-08-09 15:47 | Report Abuse

@face This is a strategic buy by the Singapore firm. Our ringgit is so cheap that Singaporeans are shopping since last month. Started with Straits Logistics. Just watch this space and you will know what's coming. Right now, the political mess is causing mixed reactions - if you consider fundamentals, you will know whether or not to buy or if it is already affordably priced

awesome20

1,184 posts

Posted by awesome20 > 2021-08-09 20:20 | Report Abuse

thanks appasia for 0.010 profit

aleesya

87 posts

Posted by aleesya > 2021-08-09 20:39 | Report Abuse

Alamak. Its a piece of good news but why itz not reacting positively? Strange oh. Maybe the owners want us to buy 1st before shooting to LU. Very generous...

charlie chia

2,149 posts

Posted by charlie chia > 2021-08-09 23:43 | Report Abuse

Very strange
Shd be flying this morning
Now China Press also reported this article
Maybe they need Bursa announcement to fly

Post a Comment
Market Buzz