of course Jedi is collecting not clearing, his comments is to keep the price low, only stupid try to keep the price low when trying to clear. and by the way if he is really so negative with this stock, he should have already clear all his stock when the price spike up on 10 Sep 2020, almost 10% of the total share is traded on that day, not enough for him to sell all? come on, you think he got more than 10% of the company's share? if yes then he is one of the major shareholder, no major shareholders want the stock price to keep low by giving out negative comment UNLESS they are trying to collect more at cheaper price
simple logic, those who try to clear hope the price to go up, only those who try to collect try to keep the price low. those that is not anyhow related with this stock won't make any comments at here at all
There is a slow accumulation of this stock by someone. Price will slowly rise in coming weeks as loose shares are being mopped up.Hope to see a 20 Sen price soon.
Naim recently sold a piece of property for 340millions and will reward shareholders with 18sen dividend. Will Asiapac be selling some land for development?
TIANJIN: Malaysian businessman Mah Sau Cheong will begin building a RMB15bil (RM9.3bil) integrated seawater desalination and salt-making plant here after signing a construction and operation agreement with the Tianjin municipal government yesterday.
This is the first zero-liquid discharge seawater desalination project in China.
The agreement for the first phase of construction and operation of the treatment plant costing RMB5.5bil (RM3.4bil) was signed between Mah of Xianda (Tianjin) Seawater Resources Development Company Ltd and Wang Zheng, director of Tianjin Economic-Technological Development Area.
The signing ceremony for the first of three phases of development was witnessed by Malaysian Prime Minister Datuk Seri Najib Tun Razak and Li Hongzhong, party secretary of the Communist Party of Tianjin.
According to Michael Mah, the son of the low-profile businessman, the construction of the first phase of the development would take 30 months to complete. It is expected to be operational in 2019.
“The award of this project is for 50 years. But at the end of 50 years of operation and management, we can ask for extension,” Michael told The Star.
The Xianda project is expected to provide industrial water and demineralised water to Tianjin Nangang Industrial Zone, a 200 sq km world class petrol-chemical manufacturing complex next to Bohai Bay in northeastern China.
The investment agreement was first signed in 2013. Since then, Xianda has conducted environmental impact assessment and obtained all necessary official approvals, said Michael.
Before the signing ceremony, the elder Mah, who is Xianda Group chairman, said: “I am happy that construction will soon start. For the past two years, I have stayed put here to see through all the preparations. In fact, I first came here more than 15 years ago.”
He said this was one of his private projects in China besides real estate, cinemas and mining.
“Although I control two listed companies, they have nothing to do with this project,” he added.
In a press release, Mah said: “We have the equipment and capability to design, build and operate the project and is capable of ensuring quality.”
During the signing of the collaboration agreement on Oct 4, 2013, in Kuala Lumpur, that was also witnessed by Najib, the Prime Minister described the project as “one of Malaysia’s most exciting investments in China”.
years ago punya news la what to do with this asiapac??
and he quote "“Although I control two listed companies, they have nothing to do with this project,” he added. ". so what it has to do with this stock at current moment???
keep making the price lower la, people who visited imago mall before know the NTA is not fake, yes the company has debt, but NTA is the net value after minusing all the debt. investor that know this fact and invest with spare money sure can hold until the true price is revealed
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Lychien20
271 posts
Posted by Lychien20 > 2020-09-10 12:05 | Report Abuse
too cheap as the NTA more than 1.00