KLSE (MYR): ASIAPLY (0105)
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Last Price
0.105
Today's Change
0.00 (0.00%)
Day's Change
0.10 - 0.105
Trading Volume
116,100
Market Cap
101 Million
NOSH
959 Million
Avg Volume (4 weeks)
1,566,325
4 Weeks Range
0.10 - 0.115
4 Weeks Price Volatility (%)
52 Weeks Range
0.09 - 0.18
52 Weeks Price Volatility (%)
Previous Close
0.105
Open
0.105
Bid
0.10 x 2,938,000
Ask
0.105 x 915,000
Day's Range
0.10 - 0.105
Trading Volume
116,100
Latest Quarter | Ann. Date
31-Dec-2022 [#4] | 24-Feb-2023
Next QR | Est. Ann. Date
31-Mar-2023 | 27-May-2023
T4Q P/E | EY
-9.96 | -10.04%
T4Q DY | Payout %
0.00% | 0.00%
T4Q NAPS | P/NAPS
0.14 | 0.74
T4Q NP Margin | ROE
-11.02% | -7.47%
Sector: INDUSTRIAL PRODUCTS & SERVICES
Sector: INDUSTRIAL PRODUCTS & SERVICES
Subsector: CHEMICALS
Subsector: CHEMICALS
Description:
Asia Poly Holdings Bhd is an investment holding company engages in the provision of cast acrylic products. The business activity of the group is operated through Investment Holding, Manufacturing, Trading, and Others segments. Its products include A-Cast Clear, A-Cast Opals, and A-Cast Glass-Look. Its products are used in a range of applications, such as building applications, food industry/catering, domestic applications, transport and medical applications. The group?s operations are mainly located in Malaysia.
awaiting update on new factory which will quadruple production.
https://www.theedgemarkets.com/article/asia-poly-buys-keng-imports-exports-rm24m
2022-10-19 13:45
Probaby people buying in low, as they know the new factory is not far away....
2022-10-25 12:48
Fluffy 3rd line Jalan d mar..
New factory is what d ar?
Kind to enlighten?
Here very quiet ever since that Benny father issue guy..
2022-10-25 18:27
Asiapoly had been in discussions with a purchaser for their product, but the concern of the purchaser was that there current factory was too small to deliver the quantity they needed. So Asiaply started to look for a new and bigger factory, in the end they landed up buying KENG IMPORTS & EXPORTS SDN. BHD who had a suitable sized factory that was very close to there existing unit. Once this is fitted out and running they will be able to produce around 3200 metric tonnes, they originally could only produce 800 tonnes . They acquired KENG IMPORTS & EXPORTS SDN. BHD back in May, so they been working on it for around 5 months. Looking forward this factory will kick into production at some point.
2022-10-25 19:28
All this really came about through covid, as during that time there was strong demand for the plastic shielding , as a result Asiapoly started to increase sales in America, Europe & Middle East. This resulted in them becoming more well known and as a result they got opportunities to do more business.
2022-10-25 19:32
Asiapoly is the only listed company on Bursa that produces acrylic sheet by the cold manufacturing process, most use a hot method, which results is that opaqueness. The cold method allows for great visual acuity which superior to glass.
2022-10-25 19:35
major uses in the future will be in the automotive industry and solar panels. Electric cars will benefit as acrylic is much lighter than glass.
2022-10-25 19:38
The Board of Directors of Asia Poly wishes to announce that the Company via its wholly-owned subsidiary, Asia Poly EV Tech Sdn Bhd (“APEVTSB”) had on 15 March 2021 together with Cyprium Wire Technology Sdn Bhd (a subsidiary of Ta Win Holdings Berhad) formed a new company known as Cyprium Asiapoly EV Sdn Bhd (“CAESB”) under the Companies Act 2016 with the principal activities of manufacturing and distribution of power and signal distribution system, high tension cable, battery cable and any other automotive parts or components for automobile and electric vehicles using patented cross-linking/ionizing radiation treatment which utilises electron beam irradiation technology as well as cast acrylic products for the automotive industry.
2022-10-25 20:11
Oh ya.. Keng imports.. it took them quite some time for the 3rd line.. so don’t get your hope up too early for this..
Their sales to US is getting worse..
No news from solar panel and automotive rear screen..
Acrylic still not scratch resistance..
And prone to heat under the sun may cause it to release harmful gas..
US is going to recession..
So many expansion..
Still can sell to US?
2022-10-25 20:50
This is an old press release in the Edge
https://www.theedgemarkets.com/article/asia-poly-overlooked-stock-amid-pandemic
'“The US market alone is probably worth US$1.2 billion per annum. Our total exports to the US are merely RM20 million per year. We are relatively small in the global market, but of course, the market potential is huge,” Yeo says.
Post-pandemic, the next big thing for Asia Poly could be serving the automotive and solar panel industries.
“Today, the sports car and electric vehicle (makers) are making window, windshield, lamp and meter screens using acrylic instead of glass, which is too heavy.”
He reveals that Asia Poly has been approached by a solar company and is now exploring the possibility of supplying acrylic to it.
“There are still certain criteria to be met. We are working closely ... we will see if we can achieve the quality and volume that they require.”
A year later they invest in a factory that boosting their production capacity from 800 tonnes to 3200 metric tonnes. quadrupling production.
Back in 2020 they were only thinking to double production up to 1600...Nobody does that on a speculative basis....
2022-10-26 19:41
Cham lor!!! 3 Q of Losses and yet support TakWin shares.....
Soon, PP and RI to raise funds for working capital?? PN17??
3 weeks ago
You must have fallen for the vaccine plays 3 years ago and now falling again for Ev plays.....LOL
3 weeks ago
Who said vaccine play still on?? Low IQ Sailang cannot read English?
Sailing aka Fluffy clouds?
3 weeks ago
Please go back to school and learn better English.....
The words were, " you were tricked by vaccine plays 2 years ago??" and now by EV plays?
3 weeks ago
Hahaha...sailing the low IQ deleted his own mis-understood statement........how pathetic! Better go back to school.
3 weeks ago
Just sharing for the benefit of all in the Forum..no need to be personal...decision to buy or sell is up to you... :)
Will Asiaply"s subsidiary Asiapoly EV Tech benefits from Tesla entry into Malaysia similar to EV boom in Thailand?...
https://asia.nikkei.com/Spotlight/Market-Spotlight/EV-boom-creates-unlikely-stock-market-star-in-Thailand
https://www.thestar.com.my/business/business-news/2021/03/18/ta-win-incorporates-new-jv-firm#openShareModal
3 weeks ago
Which level at Penthouse are you trapped???
First you want everyone to hear you say their newly purchased plant would be operational within months.
Then you spread the EV plays......sigh!
3 weeks ago
Sharing is caring...no need to shoot the messenger...
Anyway we think Datuk Yeo' is progressing nicely with refurbishment of Asiaply's new factory at 4 1/2 Mile Jalan Kapar next to Caltex...pass by factory everyday, so post progress here for the benefit of fellow Forumers...
3 weeks ago
You must be sick in the head to even suggest I would touch anything that has a romantic relationship with TakWin.
2 weeks ago
LOL...crashing and dying in tandem with TakWin........TakWin bustards already contaminated the acrylic sheets with vomits....
6 days ago
Datuk Yeo/Asiaply made a profit of RM4.81 million from sale of 15% Cyprium for RM12 million? These 15% Cyprium shares was originally purchased for around RM8 million? The extra cash of RM12 million could be used to refurbish the new Asiaply factory along Jalan Kapar?...
https://www.orientaldaily.com.my/news/business/2023/03/23/554989
https://m.marketscreener.com/quote/stock/ASIA-POLY-HOLDINGS-20701427/news/Asia-Poly-Holdings-Berhad-completed-the-acquisition-of-15-stake-in-Cyprium-Wire-Technology-Sdn-Bhd-35668868/
https://www.klsescreener.com/v2/news/view/1130551
6 days ago
chienweilim8139
what is next target price to wait ?
2022-10-17 16:27