Posted by winsama > 2017-04-28 19:34 | Report Abuse

I hope I didn't give a wrong impression that I'm against Asiapac; I'm actually neutral on Asiapac. My writing earlier was to share that one probably wouldn't benefit much from subscribing to the ICULS due to the weak mother share price currently, and the uncertainty that the warrant price can perform that well when listed. If one has strong convictions about investing in Asiapac, he can just buy the mother share in the open market at the current price as it is. If the mother share price receives good support and moves up later, he can benefit just as well and by just as much. I'm just sharing my thoughts here, not recommending a buy, sell or not to subscribe to the ICULS.

Posted by AK2899 > 2017-04-29 01:59 | Report Abuse

big eat small !

Posted by jaynetan > 2017-04-29 08:36 | Report Abuse

offcourse.where got small eat big.rules of the game

Posted by Runnn > 2017-05-01 11:05 | Report Abuse

ICULS RM1.00

assuming free warrant listed price is rm0.05, two free warrant will worth RM0.10.

ICULS RM1.00 minus RM0.10, means the cost of ICULS is only RM0.90 come with 3% annual interest which translate into 3.33% yield . If convert into 5 mother shares, the cost per mother share only @RM0.18.

So, no matter long term value investor or short term speculator, it is worth and risk free to subscribe the right issue. Good luck

Posted by Hein > 2017-05-01 13:25 | Report Abuse

is it share price will drop due to dilution?

Posted by smartly > 2017-05-02 11:24 | Report Abuse

runnn, you think warrant can be at 0.05 ?
it about 71% premium, which i think it is too high

Posted by smartly > 2017-05-02 11:26 | Report Abuse

the ideal warrant price could be around 0.025 - 0.03 only
around 57% to 60% premium, unless of course if mother up then it is diff story

Posted by leslieroycarter > 2017-05-03 12:07 | Report Abuse

Do not count egg b4 it is hatched....it will b better that money is in your pocket then in others pocket.

Posted by iphonemini > 2017-05-03 22:08 | Report Abuse

anyone selling the rights?

Posted by AK2899 > 2017-05-04 03:20 | Report Abuse

Sell Sell Sell ,
Current Mother 0.175 , Ex of WA = 0.25 impossible current price of WA = 0.05. Have to wait donno x year only the WA will hit 0.05.

If Mother 0.175 , WA = 0.05 already Premium 71%. So 0.01 or 0.015 also 48%

Who going to take the risk by borrow RM1 waiting for only 3% ? hahahha

Posted by buffon > 2017-05-04 23:03 | Report Abuse

wow..what a hidden gem. after warrants are listed. surely goreng kaw kaw

Posted by rocket > 2017-05-07 12:26 | Report Abuse

hiddebn gem ???????wakakakaka
buffon, so nice of u to create a new account just to remind people about this ....

Posted by JackiePoon > 2017-05-07 16:13 | Report Abuse

so if a zero knowlegde 50 year-old virgin like you that keep creating so many lame accounts like bullrun, sweetheart, laichipet, john555 making rubbish comments like every hour is more credible? people know about you, theyre just getting tired of you. Empty vessels make the most noise..lol

Posted by newjersey > 2017-05-07 16:20 | Report Abuse

this lai chi pet? https://klse.i3investor.com/servlets/cube/chubby88.jsp


lmao....omg...get a life

Posted by chonghoo81 > 2017-05-07 21:22 | Report Abuse

I would like to ask this ICULS,
1. After 5 years, is straight convert to mother? or need to pay extra money to convert?
2. About the 3% yearly, it will pay as cash to our account or ?

Posted by kingkong61 > 2017-05-09 16:04 | Report Abuse

anyone know what happened to asiapac-LR?

Posted by duckie35 > 2017-05-11 09:24 | Report Abuse

thanks for sharing

Posted by Optimus_King > 2017-05-11 12:06 | Report Abuse

this is the real deal....dont miss the boat

Posted by addyisme > 2017-05-11 16:06 | Report Abuse

Hi can someone please educate me what this LR is?

Posted by yap_wenwei > 2017-05-11 17:40 | Report Abuse

that was rights trading...last day was may 8

Posted by yap_wenwei > 2017-05-11 17:40 | Report Abuse

darn...its so hard to get at 18c

Posted by Batmanforever > 2017-05-11 18:35 | Report Abuse

Some smart player already stuck here few year .

Posted by leslieroycarter > 2017-05-12 13:21 | Report Abuse

Run.....

Posted by yap_wenwei > 2017-05-12 17:40 | Report Abuse

finally bought..cant go wrong with this company

Posted by Batmanforever > 2017-05-12 21:00 | Report Abuse

Some one stuck here nearly die lor haha .

Posted by kingkong61 > 2017-05-14 16:08 | Report Abuse

Can someone advise me? I still got a few lots of asiapac-LR, anyone know what can i do with it?

Posted by iphonemini > 2017-05-15 22:23 | Report Abuse

asiapac-lr already expired at 8-may. cannot sell already...

Posted by oldchinaman > 2017-05-15 22:26 | Report Abuse

kingkong61, you just buy a banker cheque and send to the registrar b4 17.may, this counter sure will goreng one

Posted by oldchinaman > 2017-05-15 22:30 | Report Abuse

you can phone to 03 27839299 ask for asian pac registrar for further info.

Posted by oldchinaman > 2017-05-15 22:33 | Report Abuse

cannot sell, but can subscrip for the iculs, 1 iculs can convert to 5 mother and 2 free warrants

Posted by weihan0914 > 2017-05-16 10:16 | Report Abuse

seems like slowly up for this counter...

Posted by duckie35 > 2017-05-17 14:56 | Report Abuse

crashing down today.....

Posted by thesteward > 2017-05-17 17:57 | Report Abuse

;-)

Posted by Jasper Kong > 2017-05-18 10:27 | Report Abuse

15¢ come come. Then I'll be buying

Posted by smartinv > 2017-05-18 21:13 | Report Abuse

http://www.theedgemarkets.com/article/asian-pac-unveils-fortune-centra-kepong-official-launch-weekend

Asian Pac unveils Fortune Centra in Kepong, official launch this weekend
=========================================================

KUALA LUMPUR (May 18): Asian Pac Holdings Bhd has unveiled Fortune Centra, its latest development in Kepong, Kuala Lumpur, at a media launch today. The serviced apartment project will be officially launched this weekend on May 20 (Saturday).

Sitting on a three-acre leasehold site along Jalan Metro Perdana 6 in Kepong, Fortune Centra has a gross development value (GDV) of RM326 million. It will consist of 462 serviced apartments that will be housed in three multi-level residential towers and 19 double-storey retail shops.

Asian Pac executive director Dr Raymond Yu Tat Loong said at the unveiling ceremony today that the project has just been certified as a green building.

He added that the developer plans to hold on to the retail units, to increase the value of the project.

“We believe that as it is within walking distance away from the project to AEON Big and the Mass Rapid Transit 2 station, and many other amenities, the project will create value for its residents,” said Yu.

The built-ups for the serviced apartment units will range between 775 sq ft and 1,357 sq ft, while selling prices will range from RM490 psf to RM700 psf.

Facilities at Fortune Centra include a maze garden, herb garden, gyms, swimming pools, cabana, yoga deck, gourmet kitchen and reflexology path.

The project is expected to be completed by 2020 and is already about 82% taken up since its soft launch in January, according to Asian Pac managing director Datuk Mustapha Buang.

“This is not our first property development in Kepong. All of our projects here have been very well-received. Our buyers are very happy as our products are very good investments,” he said.

On its upcoming developments, Mustapha said the developer is looking to launch a condominium project in Damansara Damai by the end of this year.

“The GDV of this 6.5-acre project is about RM300 million. It will have 520 condo units with large built-ups, hence they will be like semi-detached and bungalow units in the sky, as we like to call it,” he said.

Yu added that the developer will continue to differentiate itself via its upcoming project in Damansara Damai.

"Just like what we are bringing to Kepong this time with Fortune Centra, our project in Damansara Damai will be something uncommon in the area," he said, adding that Asian Pac is doing "something similar" in Sabah, but declined to reveal more details.

Posted by smartinv > 2017-05-19 09:20 | Report Abuse

Target price RM0.200, RM0.220
Last closing price RM0.185
Potential return 8.1%, 18.9%
Support RM0.180
Stop Loss RM0.165
Possible for further upside. ASIAPAC’s share price picked up on an uptrend after undergoing correction phase. Both bullish RSI and MACD indicators currently signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in near term to lift price higher to the next resistance levels of RM0.200 and RM0.220.

However, failure to hold at support level of RM0.180 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 16 May 2017

Posted by leslieroycarter > 2017-05-23 16:24 | Report Abuse

Most of the directors sold at 22-23.5 c when they bought at 16c ...chances r that the max shall b 23.5 c but the downside may drop to 14.5c .. even if u r holding for long, the % increase is limited. Better go n punt some other potential counters than this one.

Posted by smartinv > 2017-05-24 20:10 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5437161

On behalf of the Board of Directors of Asian Pac (“Board”), Affin Hwang Investment Bank Berhad (“Affin Hwang IB”) wishes to announce that as at the closing of the acceptance, excess application and payment for the Rights Issue of ICULS with Warrants at 5.00 p.m. on 17 May 2017, the total valid acceptances and excess applications received for the ICULS were RM105,519,760 ICULS, representing an oversubscription of RM6,263,299 ICULS or approximately 6.31% over the total of up to RM99,256,461 ICULS available for subscription under the Rights Issue of ICULS with Warrants.

OVERSUBSCRIBED!

Posted by duckie35 > 2017-05-26 09:19 | Report Abuse

still the same....:(

Posted by smartinv > 2017-05-31 04:52 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5444785

Kindly be advised that ASIAPAC's 99,256,461 ICULS and 198,512,922 Warrants issued pursuant to the Rights Issue of ICULS with Warrants will be admitted to the Official List of Bursa Malaysia Securities Berhad (“Bursa Securities”) and the listing of and quotation for the ICULS and Warrants on the Main Market of Bursa Securities, will be granted with effect from 9.00 a.m., Wednesday, 31 May 2017.

Posted by LimKokYew > 2017-05-31 09:48 | Report Abuse

why warrant premium so high?

Posted by klsexenwei > 2017-05-31 15:27 | Report Abuse

@runnn
1. what is your comment on this stock in LR?
2. what are the causes of the hike EPS in year 2015?
3. how do you see the other projects of asian pac (damansara 8 in PJ, the Zil in kota kinabalu), or future projects?

Posted by LimKokYew > 2017-05-31 19:19 | Report Abuse

because they knew about the result? revenue near all time high

Posted by Hoho Haha > 2017-06-01 16:53 | Report Abuse

Q results out, no move....

Posted by Hoho Haha > 2017-06-01 16:57 | Report Abuse

can any1 tell me why?

Posted by Hoho Haha > 2017-06-06 10:13 | Report Abuse

dead counter

Posted by NickLai > 2017-06-06 11:43 | Report Abuse

property stocks not in the trend right now. Buy according to market sentiments, not because of facts or rumors. Just my 2 cents based on analysis on penny stocks.

Posted by Sean08 > 2017-06-07 16:42 | Report Abuse

After the successful rights issue, personally think this comp is going to have bright earning prospect.
1. Property dev - Fortune Centra Kepong GDV 326mil and 80% sold during soft launch
2. Imago Mall - already a top mall in KK. This comp really did a great job in managing the mall. Not an easy task being in current weak retail sentiment and mall oversupply. Rental should become better with higher occupancy rate.
3. Carpark - just revised Imago mall parking rate from RM2 to RM3 per entry

Posted by Hoho Haha > 2017-06-09 14:18 | Report Abuse

@sean08 thank you for the info

Posted by leslieroycarter > 2017-06-16 11:36 | Report Abuse

like Jack ma commented , property market in future will be like selling onions ? He see no future for properties n housing ....hope this is not true...