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Overview
Financial Highlight
Headlines
Business Background 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.
  iamismail All over market has comeback to rebound. Afternoon will rebound back.. Tommorow will green again. Normal market correction. 12/08/2020 2:33 PM iamismail Watch Xinhwa 5267 bouncing from support level. Hurry up!! Will close higher today !! No seller upstairs.. Sharing is caring.. Lets go. Don't miss it. 12/08/2020 2:34 PM leeruzi7 look at chandlestick chart how scary it prices goes to bottom today .. now less risk since oversold region .. p/s dont follow me if ur dont know what ur doing. 12/08/2020 6:17 PM lau9639 I believe most of the people didn’t expect today it went so low and caused panic selling. Also didn’t expect it rebound so fast. The lowest 31 sen and rebound to 50sen. The difference is almost 20 sen. So scary. It also indicates there were big players created the scenario to scare off those weak investors. A good lesson to all of us! Anyway, this is a good company, hopefully after this round of corrections, it will spike greater heights! 12/08/2020 6:41 PM wengxiu3368 @lau , yes bro , i see eyes to eyes with u. huat aarh , let us earn more 12/08/2020 8:15 PM mf 12-Aug-2020 Insider DATO' YEO BOON LEONG (a substantial shareholder) disposed 5,000,000 shares on 11-Aug-2020. 12-Aug-2020 Insider MR LIM TECK SENG (a company director) disposed 270,000 shares at 0.456 on 12-Aug-2020. 12-Aug-2020 Insider DATO' YEO BOON LEONG (a company director) disposed 5,000,000 shares at 0.530 on 11-Aug-2020. 12/08/2020 9:39 PM lau9639 Some one did the calculations for reference! "In the press briefing by Dato Yeo, the CEO, we got to know.. June/July Avg selling price is $2700 per tonne of acrylic. And cost of MMA is $1330 per tonne. Understood previously that MMA constitute roughly of 70% of costs... From June, ASIAPLY is running at full capacity of 800 tonnes a month. This means: $2700 (avg selling price) - $1330 (MMA cost) - $570 (other operating costs) = $800 profit per tonne... $800 x 800 tonnes x 3 months x USDMYR 4.2 = RM8m profit in Q3." Is this the reason the stock rebounded strongly yesterday?! 13/08/2020 11:01 AM lau9639 Yesterday announcement, Dato Yeo disposed 5 millions shares off market @ RM0.53. I don’t know sold to whom. If someone is buying at 0.53, that means the price can go up way higher than the price, isn’t it? 13/08/2020 11:20 AM zeroth $800 x 800 tonnes x 3 months x USDMYR 4.2 = RM8m profit in Q3." If this is correct and maintain the same for Q4 2020 & Q1 2021 At P/E 20, Asiaply should worth Around RM1.1 right 13/08/2020 4:20 PM weixiang98 I got this from Stock bit Malaysia $ASIAPLY - 3 key takeaway from analyst briefing... A big Q3 coming!!! "In the briefing, we got to know.. June/July Avg selling price is $2700 per tonne of acrylic. And cost of MMA is $1330 per tonne. Understood previously that MMA constitute roughly of 70% of costs... From June, ASIAPLY is running at full capacity of 800 tonnes a month. This means: $2700 (avg selling price) - $1330 (MMA cost) - $570 (other operating costs) = $800 profit per tonne... $800 x 800 tonnes x 3 months x USDMYR 4.2 = RM8m profit in Q3." 13/08/2020 5:13 PM lau9639 According toDayo Yeo, given that both of Asia Poly’s production lines are currently running at full capacity, the group plans to add a third production line by June 2021. The third production line, which is expected to run at full capacity in September 2021, will effectively increase Asia Poly’s manufacturing capacity to 1,600 tonnes per month. It is interesting to note that the third production line will be a versatile one, with the ability to manufacture thicker acrylic sheets of up to 105mm. 13/08/2020 5:13 PM  nomadmy If we blindly follow the calculation, the calculated Fair Value/Intricsic Value is only about RM0.10. The current price is RM0.41 is till over-priced. Another point to consider is, once the Vaccine is announced, will their sales drop? 13/08/2020 7:42 PM NIWV Fibo retracement would see some pullback around 0.40. Then it will sky rocket. 13/08/2020 9:02 PM NIWV Hope guys got some cheap ticket just now. This will rebound noq or next week. 14/08/2020 9:46 AM nomadmy This morning, i see many small individual players are scared and threw their shares. These are the emotional group, and also the group that holding majority of the shares now based on rumor entry. I think, today likely go down to 0.30 level. 14/08/2020 11:34 AM Aaron_tan lol, now you can buy cheap, but you think next week will go back to 0.6 for you to sell ??? the bullish trend already over ... now what you can do is buy at extreme panic sell down and sell on rebound ! if you buy only after rebound like 2 days ago at 0.45 then you will get slaughetred again 14/08/2020 12:00 PM Erik7865 So far this is whole market trend Not only Asia poly get affected Hopefully market will recover soon and believe that Asia poly will make us proud again in that moment 14/08/2020 12:54 PM Lyu definitely time to buy since I know Datuk Yeo is doing something to pump in more funds. This will definitely scare off small investors who panicked but they will linger around for a rebound signs. Don’t forget asia poly’s f&b chain restaurant uncle don is making huge profits before lockdown and they are picking back up fast after pkp ended. They have a biogas plant in dengkil to be sell off for more funds. Upcoming new renewable project direct nego with Sultan Kelantan. Guess where all the funds will go to? Their assests are still much higher thn debts currently. Buy and hold. 14/08/2020 2:02 PM mondrian Sorry. Been busy. I am still holding. Managed to buy more today. The FA aledi proven to be strong till early next year. Chill guys. Dont look at it everyday. Heart attack one. hahaha Happy weekend guys. 14/08/2020 4:27 PM Kaizenzon Yes. Good stock. One of those company that still have the momentum since MCO started. 14/08/2020 7:51 PM lau9639 https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3077837 15/08/2020 1:23 AM  | |
