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).

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

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..?

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).

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.

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.

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

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

Thank you valour willing to share the insider info with us. The message is very clear, just buy and hold.

Mind share some info regarding the main shareholder

If u scare, u can try to buy in 50lots, that cost about RM 7000. Then u put in your safe. Worst come to worst, you will only lose this amount, though the possibility is quite low..but if it is going upwards in a few years later, then u will earn x times profit.

BDI index slowly moving upward..

@SincereStock, u have a good mind set of Investment. Hoping to earn some money from this counter( I hope the management of this COMPANY is SINCERE).

Look, Asiapac has a good biz but only one thing you need to consider seriously. It is the trustworthiness of the management. If the management is trustable, then it is investible.
There is no point to consider this company if the management is bad even the company has ample and precious land and building

If the management is trustable, then u can put in some funds to invest in mid to long term. You have to wait for HSR high speed rail project to materialize. Now, the HSR high speed rail is inevitable and this project MUST MATERIALIZE. So, u strategy is to buy and hold as the price is so low already, provided the management is trustable.

hi, we are here to discuss whether it is worth to invest Asiapac, not insulting please..

If Imago not worth 1 billion, then the auditor still qualify that year financial report(i.e. the auditor will not approve that it worth 1 billion).

If no hearsay about Asiapac Management trustworthiness, then I presume they are quite OK.
I

Is the management of the Asiapac trustable? Any insider info?

If u pocket is deep enough, then collect this counter and waiting for the HSR high speed rail project to resume, the project has been delayed to Year 2020. Labu has a station whereby Asiapac has 400 acres there for development. As I say, it is an investment, there is a risk if the HSR project is abandoned. But you see, the ECRL has resumed, it is high possibility that HSR will resume also.

<<<stuck at 15.5c how?>>>

How many lots have u bought?

KLCI going to crash..

Don't panic, buy in.

Sorry, Listed on the main board in Year 1961.

Who Are We
Asian Pac Holdings Berhad (“Asianpac” or the “Group”) was incorporated in 1913 and listed on the Main
Board of Bursa Malaysia Securities Berhad in 1961.
We are in the business of property development and property investment. Property development segment
is our key revenue driver whilst property investment segment provides us a consistent business income
growth. Our property development segment, which focuses on niche market comprises mixed development
of commercial shops and high rise residential projects in Kuala Lumpur. Through our property investment
portfolio, we operate a shopping mall located in Kota Kinabalu, Sabah. It is one of the components of our
flagship KK Times Square II project which we have retained as our investment property. We also provide car
park management services on multiple car parks that we own. Presently, we operate approximately 3,600
parking bays located in Kota Kinabalu, Sabah.

yes, u can escape,but deep in heart u are facing stress of penny wise and pound foolish.

This is a profitable company, how come it will suspend?

After looking though its Annual Report, I found out that this is an old and stable company. It was listed in Year 1963. It is a low profile company with huge assets. The par value of the share is RM0.20 (Company Act 1965), ICUL coversion price is 1 to 5 ordinary shares, i.e cost = RM 0.20, Warrant conversion price is RM 0.25 per share. So, in my honest opinion, if u buy below RM 0.20, u are considered safe.

It is a good company just the share price is undervalued, mostly because it is a low profile company with no dividend payout causing investors to leave this counter.

If u can hold long, then u will be rewarded and it has a high chance to go privatization(imho) and the price shall be RM 0.20 per share at least.

After doing correction and eliminating the weak holders, today Hibiscus has a good chance to move upward since Brent stands firmly at 71

Why moving up?CPO price still remain low

Indeed no reasons to fall, Brent still solid and hid at 71

Thank you Calvin, very good analysis. Just bought in

Hi, will Sime Properties better than this one since it owns plenty of land in Labu?

Confirm ECRL pass by Kajang?

Low production for 2 months, expect another quarter loss..

hi YF24, mind sharing your thoughts why tomorrow will break RM 0.60?

How to solve low production yield per hectare? It has bad management.

No need to complain, IDSS is legal. Only insider dealing can complain. It is legal to manipulate market as long as there is no insider dealing.

Haha, Brent oil one day up, following day down. Now is. 71.74, highest recently.

Brent oil stand steadily at 71, those who buy in today have made the right decision.

OK, oil price rebound.
Come on, buy in, It is your chance!

Just added more

Agreed, collect more today. This oil rally is still ongoing.

Ah! WTI cruel oil price upward momentum is very strong tonlght. Super bullish in oil price trend in the short term

If it can concrete at 1.19 today, it is very good already as it shows that it can support at 1.19

...it won't stop halfway.

Calling to buy in Hibiscus. It is your chance. World cruel oil priCE destination is at USD 70 which is the acceptable price setted by Saudi. It won't stop hallway.

Ok, tonight is the best time for Brent oil to cross over US 70. Watch out! The momentum is very strong tonight.

Any hope?

USD 70 is a major resistance level.

If fall below RM 1.10, just buy in. Oil price is pushing up halfway, not thinking that the oil pushing operator just leave it like that. They will push to utimate goal RM 70

FMU is not difficult to get
As long as u comply its requirements, it will award to u.