ASIAN PAC HOLDINGS BHD

KLSE (MYR): ASIAPAC (4057)

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Last Price

0.12

Today's Change

+0.005 (4.35%)

Day's Change

0.11 - 0.12

Trading Volume

1,763,700


19 people like this.

10,029 comment(s). Last comment by SincereStock 2 days ago

陳彥霆

937 posts

Posted by 陳彥霆 > 2019-04-22 09:34 | Report Abuse

gg i trapped at 15.5c

singh1

1,008 posts

Posted by singh1 > 2019-04-22 10:11 | Report Abuse

starting to wake up, hope for the best.

Posted by CatchThe Bull > 2019-04-22 11:16 | Report Abuse

Selling pressure drop this week, if buying momentum come this round, must break previous high 0.17.

asd88

806 posts

Posted by asd88 > 2019-04-22 13:33 | Report Abuse

Added some @14

镠公公

648 posts

Posted by 镠公公 > 2019-04-22 14:57 | Report Abuse

Big announcement soon!!!

镠公公

648 posts

Posted by 镠公公 > 2019-04-22 15:04 | Report Abuse

Where is the beggar dompetlee. Please check the ekovest price now. Lol. I win 1 time is more than you win 50 times. Sorhai gambler

Posted by 2317190404966905 > 2019-04-22 15:05 | Report Abuse

镠公公 what is your TP for this counter? 0.40?

calvintaneng

54,244 posts

Posted by calvintaneng > 2019-04-22 15:58 | Report Abuse

Asiapac now AsiaClap

ivan9511

3,854 posts

Posted by ivan9511 > 2019-04-22 16:09 | Report Abuse

@calvintaneng mr calvin why you no see Zelan again Zelan from lowest up to now near 400% better than you said asiapc can up 200%
and Zelan up very fast and furious ?

Posted by CatchThe Bull > 2019-04-22 17:30 | Report Abuse

Look at the volume today, i predict there will be another round of up trend for AsianPac. I just bought in again today after profit taking last week, to see how far it can go this round. Logically, major shareholders may not want to miss this uptrend opportunity also while it is still HOT.
This is not a BUY CALL.

leoz88

24 posts

Posted by leoz88 > 2019-04-22 19:40 | Report Abuse

Big volume = $$$?

rocket

1,188 posts

Posted by rocket > 2019-04-22 20:12 | Report Abuse

Haha.... Very love to see it moving. But my sincere advice is still staying away from this counter

rocket

1,188 posts

Posted by rocket > 2019-04-23 09:52 | Report Abuse

I don't believe Calvin is a con artist but I do believe this counter is definitely a con counter.

Nepo

3,338 posts

Posted by Nepo > 2019-04-23 10:01 | Report Abuse

@ rocket, why do u think this counter is a con counter?

SincereStock

2,164 posts

Posted by SincereStock > 2019-04-23 10:26 | Report Abuse

there is no such thing as con counter, you can make money or lose money in any counter, as long as there is any price movement. the only problem is only you cannot predict the movement, not that the counter is a con

rocket

1,188 posts

Posted by rocket > 2019-04-23 10:58 | Report Abuse

Con counter means they will hv some fake movement to trap retailers. Con company means company which doesn't want to share it's grow with the shareholders. Some companies hv a very solid fundamental figures, but because of the selfines of the management, no funds would like to invest in it.

SincereStock

2,164 posts

Posted by SincereStock > 2019-04-23 11:02 | Report Abuse

@rocket, no movement is fake, what if you bought at 0.11 and sold at 0.17? you still call it a fake? it is a movement nevertheless. there is no promise that the price will go beyond 0.17, everything is mind game and investors' own prediction or speculations. so which part is fake?

Nepo

3,338 posts

Posted by Nepo > 2019-04-23 11:56 | Report Abuse

@rocket, so u acknowledge that this company have a very strong fundamental, just the price won't move..

apolloang

18,163 posts

Posted by apolloang > 2019-04-23 11:57 | Report Abuse

strong fundementals but no gamblers,only gamblers can dare to push......fundamentals people are stingy so dare not push

rocket

1,188 posts

Posted by rocket > 2019-04-23 12:32 | Report Abuse

Sincerestock, I'm talking about the intention n reasons behind the movement. Every movement hv winner n looser, if the movement due to its true fundermntal factors I won't call it fake. But if the movement due to a group of cash rich syndicate, taking advantage of certain topics, buy low n creative the momentum to lure thoes newbies to catch at high, I called it fake move.

SincereStock

2,164 posts

Posted by SincereStock > 2019-04-23 12:41 | Report Abuse

@rocket

buy low sell high <<< this is the only thing everyone in the market trying to do

but when operators / major shareholders / group of people who are good at mind manipulation did it, we call them con artist / syndicate? when they just did what you are trying to do?

we need to be sensible, mind game is part of the game. there is only so much we can do as retail investors, that is be patient and hold tight until the price reach your tp (set tp according to what you think it is fair value of this company)

the only other situation you should sell your share is when there is drastic change in the fundamental of the company, definitely not when everyone else are selling panicly, or when certain cash rich syndicate are trying to manipulate, as you mentioned.

SincereStock

2,164 posts

Posted by SincereStock > 2019-04-23 12:50 | Report Abuse

the only intention behind every movement is buy low sell high

rocket

1,188 posts

Posted by rocket > 2019-04-23 13:08 | Report Abuse

Sincerestock, thank you for your advice. I started collecting Asiapac when Imago Mall is under construction. And I do consider the land value which Calvin mentioned until today. As I mentioned, I'm love to see it move but definitely not because of the current movement which related to ECRL. The sudden spike of the volume is highly suspicious and don't think is suitable for newbies.

SincereStock

2,164 posts

Posted by SincereStock > 2019-04-23 13:18 | Report Abuse

@rocket me too don't like the rollercoaster movement, main reason because I am unable to predict the peak, I have just hold through along the way until now (with clam mind), but hey~ the good thing is it is no longer 0.11 now, so far it is stablizing at 0.14 ^_^

as for newbies, I don't actually agree o differentiate investors as newbie or pro, all of us just need to have correct mind set and take full responsibilities of our own decision in the market, as I believe only adults are here ^_^

SincereStock

2,164 posts

Posted by SincereStock > 2019-04-23 13:20 | Report Abuse

my only advise to those who are unable to make own decision, following only sifu's tip, is to stop investing in the market

Posted by CatchThe Bull > 2019-04-23 16:41 | Report Abuse

OK, MAKE IT CLEAR... newbie don't buy, those who think con artists don't buy, those who think this is con counter don't buy. What else?!

rocket

1,188 posts

Posted by rocket > 2019-04-23 17:43 | Report Abuse

Those no money don't buy

Posted by Hunter 88 Hunter 88 > 2019-04-23 18:40 | Report Abuse

Buy ler.....duit mari duit mari...

Posted by Hunter 88 Hunter 88 > 2019-04-23 18:41 | Report Abuse

Hahaha.

rocket

1,188 posts

Posted by rocket > 2019-04-23 22:35 | Report Abuse

http://m.utusan.com.my/berita/nasional/cadang-bina-stesen-ecrl-di-nilai-1.887503
Hopefully this will not become the headline here.

calvintaneng

54,244 posts

Posted by calvintaneng > 2019-04-23 22:45 | Report Abuse

HI GUYS

DO YOU ALL KNOW ASIAPAC BOSSES NOT STINGY

THEY GIVE 3% YIELD TO ASIAPAC BORN HOLDERS

Posted by oldchinaman > 2019-04-23 23:52 | Report Abuse

Hi calvin, don't misleading again, loan stock interest are fixed at 3% every year, and MAH FUXK CHEONG hold 64.668%

Nepo

3,338 posts

Posted by Nepo > 2019-04-24 05:19 | Report Abuse

It is time to discuss this ICUL here. This ICUL gives 3% interest and to be converted to ordinary shares with the ratio 1 to 10. Once converted. the cost of the ordinary share Is RM 0.10 per share which may explain why the recent share prices movement are between RM 0.10 to RM 0.20.

SincereStock

2,164 posts

Posted by SincereStock > 2019-04-24 08:21 | Report Abuse

@Nepo the cost of ordinary share is RM0.20 per share. 1 ICUL (RM1) can only be converted to 5 ordinary shares.

refer to this recent exercise >> http://www.bursamalaysia.com/market/listed-companies/company-announcements/5906013

the 1 to 10 thing is last time when this loan stock released, existing holders can subscribes 1 ICUL with every 10 ordinary shares. however 1 ICUL can only be converted to 5 ordinary shares. hope this makes no confusion.

the share price is still below the conversion price of this ICUL, even during the recent peak of RM0.17.

however, do also note that the existing of this loan stock diluted the ordinary shares by 5/(10+5) x 100% = 33%

SincereStock

2,164 posts

Posted by SincereStock > 2019-04-24 08:22 | Report Abuse

@Nepo the cost of ordinary share is RM0.20 per share. 1 ICUL (RM1) can only be converted to 5 ordinary shares.

refer to this recent exercise >> http://www.bursamalaysia.com/market/listed-companies/company-announcements/5906013

the 1 to 10 thing is last time when this loan stock released, existing holders can subscribes 1 ICUL with every 10 ordinary shares. however 1 ICUL can only be converted to 5 ordinary shares. hope this makes no confusion.

the share price is still below the conversion price of this ICUL, even during the recent peak of RM0.17.

however, do also note that the existing of this loan stock diluted the ordinary shares by 5/(10+5) x 100% = 33%

SincereStock

2,164 posts

Posted by SincereStock > 2019-04-24 08:27 | Report Abuse

another thing for thought about this ICUL conversion thing, major shareholders (insiders) are converting their ICUL to ordinary shares from time to time with the exercise price of RM0.20, they can easily get same amount of ordinary shares through the market at much cheaper price (even at peak RM0.17). what does this mean? at the same time by converting their ICUL prematurely (before expire date), they are also giving up the anual 3% interest

I hope everyone can get the IMPORTANT hidden messages from here.

Nepo

3,338 posts

Posted by Nepo > 2019-04-24 09:15 | Report Abuse

Thank SincereStock for giving the right info. I just overlooked as I am new to this counter.

Another thing I didn't get it is that since the market price of Asiapac now is below RM0.20 (RM 0.14 precisely), Isn't the original subscriber of the the ICULS who subscribed at RM 1 (One convert to 5 ordinary shares, i.e. cost of ordinary share = RM 1/5 =RM 0.20 per share) will lose as the market price of the ordinary share is RM 0.14?

Assuming one ICULS price now is RM 0.75. If one buy in this ICULS, then he can convert this one ICULS to 5 ordinary shares, the cost of this one ordinary share is RM 0.75/5= RM 0.15 per ordinary share. If he doesn't want to convert this ICULS, he (who bought at RM 0.75 per ICULS) will enjoy 3/750= 4% interest. Am I right? If it is correct, then buy in ICULS now is also not bad idea.

SincereStock

2,164 posts

Posted by SincereStock > 2019-04-24 09:28 | Report Abuse

@nepo basically what you say is right, but you need to calculate the interest gains vs price different of RM0.01 (Rm0.15 - RM0.14) precisely

@musang we get your point already>> don't fall to con artist

but can we also discuss this stock with valid points?

SincereStock

2,164 posts

Posted by SincereStock > 2019-04-24 09:42 | Report Abuse

Instead of believing in a random guy that you don't know.(becareful of con artist!) I advise serious investors to come visit the mall by yourself.

calvintaneng

54,244 posts

Posted by calvintaneng > 2019-04-24 09:51 |

Post removed.Why?

SincereStock

2,164 posts

Posted by SincereStock > 2019-04-24 10:58 | Report Abuse

the amount of tourists or malls patrons is just to ensure full tenancy of the mall and it's parking lots (which currently has already very well achieved). there is no need to overload the mall with billion of patrons.

@calvintaneng u exaggerated too much

SincereStock

2,164 posts

Posted by SincereStock > 2019-04-24 11:13 | Report Abuse

thb, I am kinda amazed with the immaturity level here

Nepo

3,338 posts

Posted by Nepo > 2019-04-24 11:49 | Report Abuse

Since the current market share price for the ordinary shares is below RM0.20, the main shareholders is making a loss here (hold about 64% of ICULS). Therefore, it will be a wise move to buy in as the cost of your investment is below the main shareholder (for this ICULS subcription).

Nepo

3,338 posts

Posted by Nepo > 2019-04-24 11:56 | Report Abuse

The ICULS is entitled to 3% interest rate p.a. which is roughly equal to monthly fixed interest rate but it is unsecured loan which mean the par value RM 1 pf ICULS will not be guaranteed. The question is why the main shareholder willing to loan the company and facing the risk of the ICULS value going down instead of just putting in the bank as a fixed deposit..?

Nepo

3,338 posts

Posted by Nepo > 2019-04-24 11:59 | Report Abuse

As u can see from this, maybe the main shareholder is 'loving' this co so he is willing to do so..

SincereStock

2,164 posts

Posted by SincereStock > 2019-04-24 12:09 | Report Abuse

from what I see, it is simply because the company's ordinary share worth way beyond RM0.20, refer to assets the company owns, or simply the NTA.

they introduced the ICULS just so that they can subscribes more ordinary shares of the company at the price of RM0.20 (with 3% annual interest), at the same time also funding the company for future projects.

when some retailers will choose not to subscribes to the ICULS, this will lead to increase in the % stacks of major shareholders in this company (by assuming all of them will fully subscribe the ICULS)

SincereStock

2,164 posts

Posted by SincereStock > 2019-04-24 12:14 | Report Abuse

further more, by pushing down the price below rm0.20, at current state, they can buy back even more shares of the company from the retailers at even cheaper price. I suppose this is what major share holders trying to do.

but by doing so, this also open up chance for cash rich 3rd party to get involves and collect significant % of the company shares. look at the recent volume traded, roughly 15% of the company shares is traded in recent weeks. who is the major buyer or buyers?

Nepo

3,338 posts

Posted by Nepo > 2019-04-24 12:18 | Report Abuse

So it is critical to buy below RM0.20. RM0.20 and below will consider to be quite safe unless the co goes liquidated (though it is quite unlikely as they have retained earning of RM 700 million and the co is profitable every quarter).

SincereStock

2,164 posts

Posted by SincereStock > 2019-04-24 12:24 | Report Abuse

@Nepo indeed, if I had the money I will collect as much as possible ordinary shares of the company at below RM0.20, or even below RM0.25. I wonder why there is still no cash rich third party or company trying to take over this company at current price.

take over the company > sell the company assets > special dividend = quick money

Nepo

3,338 posts

Posted by Nepo > 2019-04-24 12:33 | Report Abuse

@SincereStock, what u say is very correct. I will load more to max this gem until it reaches RM0.20.

BTW, at first I was quite suspicious about this counter.. thank you so much for sharing the valuable info with us, same go to Calvin.

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