Posted by Up_down > 2014-01-11 12:06 | Report Abuse

Above 0.30 is also possible. who knows....may be someone would take it over. haha

Posted by sephiroth > 2014-01-11 12:55 | Report Abuse

CT. my tp around 0.27-0.29 based on est eps 3.6 sen for FY14, at PE of 8 X 3.6= 28.8 sen

Posted by CityTrader > 2014-01-11 13:23 | Report Abuse

Sephiroth, i need your help. Pl visit flag kaki as im darn weak on this area. Tqvm.

Posted by afdz > 2014-01-11 22:15 | Report Abuse

Those TP is before completion of Imago right ? What is the tp after Imago ?

Posted by Up_down > 2014-01-11 23:03 | Report Abuse

Target above 30 cents after putting Imago Mall into operation.

Posted by Kondohon > 2014-01-12 05:48 | Report Abuse

I read on their website imago mall will be completed around May.

Posted by Tommylim > 2014-01-12 10:05 | Report Abuse

I will be in Sabah this tuesday on short business trip. On that trip i arrange with associates there to take me to Imago Mall so i can assess what is the value for Asiapac and other business prospect especially oil and gas. I hope to share with you fellow investors outcome of my visit. I dont want to overestimate valuation of Asiapac. Anyone in Sabah can share with us of latest development on Imago Mall? Is it significant? Thank you.

Posted by Kondohon > 2014-01-12 10:16 | Report Abuse

I was there last week, the Imago mall and The Loft apartment are very strategic places, Gleaneagle private hospital which is under construction is just beside the mall, bus terminal also under construction side by side with the mall. Sutera habour resort are not far. For the Bruneian it will be another attractive shopping centre.

Posted by samsoongyc > 2014-01-12 10:21 | Report Abuse

Tks guys 4 all the info . Really helpful insight....

Posted by Up_down > 2014-01-12 10:35 | Report Abuse

Thanks guys for the Imago site visit and update us the development progress. It is really helpful to us to make a decision.

Posted by Kondohon > 2014-01-12 14:48 | Report Abuse

Your welcome, I'm looking forward Tommylim business trip and what his valuation.

Posted by datuk > 2014-01-13 09:06 | Report Abuse

vbroom......vbromm...........

Posted by datuk > 2014-01-13 09:13 | Report Abuse

great runner.......from rm0.17-rm0.18...more to come...

Posted by samsoongyc > 2014-01-13 09:28 | Report Abuse

The edge retailers rush to xpand in kk . Great news!

Posted by afdz > 2014-01-13 09:32 | Report Abuse

and yet there ppl selling at 0.210 haish ....

Posted by srah1601 > 2014-01-13 09:58 | Report Abuse

Hello everyone... just wanted to ask a quite silly question. (I'm new in trading so...) I was monitoring the buying/selling units on Asiapac and I noticed that there were a lot of volumes being bought and yet the price stayed at 0.210 ... Any reason for this? What would be the factors that will push the prices up? Thanks in advance!

Posted by Stockman > 2014-01-13 12:11 | Report Abuse

Soon it will go up

Posted by datuk > 2014-01-13 12:38 | Report Abuse

srah1601....the ctr had build up the base at price rm0.135 in august-September 2013......today in jan...2014..the price has shoot up to rm0,21..........not enough ?

Posted by Albert Baker > 2014-01-13 12:43 | Report Abuse

There is an infinity in mathematics, one of the variable is human desire

Posted by srah1601 > 2014-01-13 13:33 | Report Abuse

no i'm not asking why it hasn't gone up as if i'm being greedy.. i'm asking the technical reasons behind it, so i can understand more about trading that's all. sorry about the confusion.

Posted by tracyjz > 2014-01-13 14:07 | Report Abuse

Asiapac is true gem..TP 0.245 next wave

Posted by v-twin > 2014-01-13 14:57 | Report Abuse

Slow moving

Posted by clonewar > 2014-01-13 15:00 | Report Abuse

coming for next wave..

Posted by datuk > 2014-01-13 15:05 | Report Abuse

La la la...la lala

Posted by Up_down > 2014-01-13 17:43 | Report Abuse

When comparing the annual report 's shareholder list between 2013 & 2012, this guy,Jimmy Thomas @ James Abraham Thomas, has almost acquired 5% of the shareholding from the market. I believe it happened in Jun 13 when the shares exchanged in hand almost 70 million.

Posted by Up_down > 2014-01-13 17:45 | Report Abuse

There must be big player bought more shares from the open market few days ago.

Posted by 3words > 2014-01-13 17:46 | Report Abuse

buy

Posted by hazri007 > 2014-01-13 18:19 | Report Abuse

tp 0.30

Posted by afdz > 2014-01-13 20:21 | Report Abuse

srah1601 ... im also new ... so my explanation might be wrong ... basically for the price to move to 0.215, there shouldnt be any seller willing to sell at 0.210. Even if you buy at 0.215, the market will sell to you at 0.210, hence the price stick to 0.210.

Posted by mofais2013 > 2014-01-14 10:28 | Report Abuse

will rebound soon..

Posted by 3words > 2014-01-14 15:04 | Report Abuse

uptrend ,not going down yet , what rebound ?

Posted by 3words > 2014-01-14 15:05 | Report Abuse

or u means new high ?

Posted by Up_down > 2014-01-14 19:28 | Report Abuse

Retailers rush to expand in Kota Kinabalu

By Madiha Fuad of theedgemalaysia.com
Monday, 13 January 2014 12:09
KUALA LUMPUR: Retailers are rushing to expand their presence in Kota Kinabalu as the retail sector in Sabah’s capital is set to grow 5% to 10% in the next few years.

“Parkson has been in Kota Kinabalu since the 1980s. The market there is good. Currently, we have two stores — one in Karamunsing and another in One Borneo Mall,” Parkson Holdings Bhd general manager Loh Chai Hoon told The Edge Financial Daily.

Parkson is slated to open its third store in the soon-to-be launched Imago Mall, which is owned by Asian Pac Holdings Bhd.

The Imago Mall, to be completed in the fourth quarter of this year, has attracted international and local retailers, some of which are making their debut in Kota Kinabalu.

“This will be our largest store in Kota Kinabalu. The opening of our third store in Sabah demonstrates our commitment to grow our presence there,” said Loh.

The country’s largest department store operator does not rule out the possibility of opening another store in the city.

“We will look at various factors before we plan on expanding and bringing in one more outlet into Kota Kinabalu, but we are open to it if the opportunity arises,” said Loh.

Making its first entry into Kota Kinabalu is Aeon Fantasy (M) Sdn Bhd, which will be opening its store in the Imago Mall.

“This will be our first project in Sabah. Our concept is very new and it will bring a different experience to the local community,” managing director Chong Swee Ying told The Edge Financial Daily.

She said opening an outlet in Sabah is in line with the company’s strategy of expanding in Malaysia.

“We plan to open at least three outlets there,” she said.

Bonia Group and Mcat Box Office Sdn Bhd are also making their first foray into Sabah through their brands Sembonia and MBO Cinemas.

Valiram Group’s Charles and Keith, Victoria’s Secret and DNP Clothing Sdn Bhd’s Dorothy Perkins, Miss Selfridges and Topshop are among the retailers that are bringing local and international brands into Kota Kinabalu.

Other retailers include Swarovski (M) Trading and Padini Group.

On Kota Kinabalu’s development as a port and commercial hub, Asian Pac chairman Tan Sri Megat Najmuddin said Sabah should further develop itself as a commercial hub.

“Dubai and Singapore have opened their waters and attracted the best talents to develop their countries. They managed to reel in many investments worldwide,” he said.

Comparing Kota Kinabalu to Iskandar Malaysia, Najmuddin said the latter is a greenfield venture which will take years to prove itself, while Kota Kinabalu is already a city with its own attractions.

Najmuddin is bullish that the annual retail spending in Kota Kinabalu will exceed RM1.4 billion.

“The Kota Kinabalu International Airport is the second busiest airport in Malaysia with about three million tourists a year,” he said.

Najmuddin said tourists from South Korea, Japan, Taiwan, Brunei and Hong Kong visit the city that provides investment opportunities and growth for the whole state.

Posted by afdz > 2014-01-14 20:45 | Report Abuse

meaning tp rm1.00 also possible ? Ha ha

Posted by mrlim > 2014-01-14 22:11 | Report Abuse

tp RM5

Posted by sephiroth > 2014-01-14 22:19 | Report Abuse

tp RM5 in yr 2114

Posted by AhHuatKopi > 2014-01-14 22:22 | Report Abuse

wu siou bo

Posted by connie > 2014-01-14 22:33 | Report Abuse

sephiroth :) :)

Posted by sephiroth > 2014-01-14 22:40 | Report Abuse

connie, go back to home 932

Posted by abc529 > 2014-01-15 00:29 | Report Abuse

https://www.facebook.com/pages/%E8%82%A1%E5%B8%AE%E9%97%B2%E8%81%8A/1407343752839869?fref=ts

This page damn accurate. straight for 3 times @@

Posted by tracyjz > 2014-01-15 09:22 | Report Abuse

coming

Posted by samsoongyc > 2014-01-15 09:37 | Report Abuse

Very confident it will b much higher middle of the year

Posted by hazri007 > 2014-01-15 09:40 | Report Abuse

yes..coming. high 0.22

Posted by Up_down > 2014-01-15 10:21 | Report Abuse

Large volume. It seems no effect by T+3. Big players are accumulating more.

Posted by datuk > 2014-01-15 10:35 | Report Abuse

chiak beh lioa...big CNY angpow.....vroom !,,,,,,,,,,,,,,,,,

Posted by tracyjz > 2014-01-15 10:35 | Report Abuse

yes...uptread instant ..very positive for T3 ..strong buying

Posted by clonewar > 2014-01-15 15:04 | Report Abuse

Will go further soon..

Posted by Tommylim > 2014-01-15 15:51 | Report Abuse

Arrived to Sabah, Kota Kinabalu=KK tuesday midnight and straight to Sutera Harbour. Wake up 7 am and opened my window and greeted by view of golf course where bunch of golfers already on the turf(within Sutera Harbour itself). Its been decade or so since I been to KK. My first impression is 'paradise' and KK has fully grown into a unique city. I was fortunate enough while having breakfast at Sutera Harbour lounge with Barry my business associate. Barry pointed out that the person sitting next to us is the CEO of Asiapac. What a small world, Yu, Asiapac CEO is also my uni buddy back in University of Bath taking same Civil Engineering course. I took the chance to catchup and ask him about Imago Mall.

According to Yu, Asiapac develop KK Time Square which consist of 12 multi-storey office blocks, 640 condos and 300 units Imago Malls with upper middle class and international tourists in mind. Whats unique is that Imago Mall is fully owned by Asiapac and not a single unit sold to outsiders. It cost 600 million to build Imago Mall alone and once completed its a cash cow for Asiapac. Yearly, Imago Mall will contribute 70 million in recurring incomes for Asiapac. Imago Mall is something like Pavillion, based on what Yu is saying many international brands already confirm to operate in Imago Mall.

Barry then took me to his boat parked at Sutera Harbour for whole view of KK from sea. From Sutera Harbour I can see new private hospital on construction(for oversea patients in mind), the huge KK Time Square project(Office blocks, condos and Imago Mall), next to it is another giant Oceanus Megamall(Mall, condo and hotel). I also can see along the seashore Suria Sabah, Jesselton Condo, Centre Point Mall, Marina Condo etc. There's many more development along the seashore that I cant remember. KK looking more like mini Hong Kong to me now.

Barry then took me to few islands like Manukan, Momutik, Manukan which overcrowded with tourists. According to Barry, tourists from Japan, Taiwan, Korea, China, Australia are repeatedly coming to Sabah average of 3 millions yearly. The water is crystal clear and can see beautiful fishes too. We speed to Pulau Gaya where YTL exclusive Gayana Eco Resort is situated. This is a 1K per night 5 star island resort and its fully booked. All the islands are pure paradise and only few minutes away from KK city. I can see why international tourists are flocking to KK instead of KL for holidays. To me KK is much more vibrant than Iskandar and if Pulau Gaya turn into Genting casino resort, I think tourists will complete bypass Singapore and Genting.

Barry asked me whether I would like to speed off to Labuan for drink in his boat. But I told Barry, maybe next time, I definitely make KK my 2nd home now. After our boat fun, we headed for helicopter ride to Kimanis oil and Gas terminal for serious work.

Coming back to Asiapac, personally, Asiapac now is completely undervalue at 21 cents. Even at 1.00, it still do not justify its potential. Asiapac smart enough not to sell any of its 300 units Imago Mall. And its only a short walk to 5 Star Sutera Harbour too where thousand of international tourists are staying at any given day.

I already bought 200K worth of Asiapac today and shall buy more. I think 30 cents is too easy to achieve within 6 months period.

I hope my long report will not bored any of you. Sorry in advance. Thank you.

Posted by tracyjz > 2014-01-15 16:32 | Report Abuse

Asiapac is for Medium term investment but not goreng counter..Keep it tight and you will get your rewards coming this year ..

Posted by samsoongyc > 2014-01-15 16:52 | Report Abuse

Tommylim Tks bro will stock up more now .