This is the Covid related counter you should never missed! Undiscover low profile hidden gems!
Another Prolexus coming soon!
Last quarter results announced on 30/7. This quarter most probably will be announced on 30/10. Less than 3 weeks the results will be announced. I expect the performance will be extremely good. Full operations with high demands , hold tight! Coming week might exceed RM1

Maybe another Prolexus is making

Today up from 0.42 to 0.50, almost up 20%. Just the beginning. May soon cross 0.60 and further 0.70. Just hold tight. Quarter good results out in Nov. Now October begins to build momentum for higher level

sam8888 Your observation is true. Big players are accumulating and flushing out weak holders. The quarter results will be very good, expecting to announce in November. Price will be gradually pushing up or spike in sudden. Don’t miss this opportunity!

Hopefully you all can take note!
Asia poly is covid related counter. Financial closing on 30/9, Results will will be announced in Nov. 70% exports, Full operation till next year, private placement fully taken up and the fund is used for further expansion.
I strongly believe the company will perform much much better than last quarter. Just hold and be a bit patience, you will be rewarded handsomely.

I m still holding this counter when WA was 2 sen and PA 4 sen. The reasons are as follows:
1)The company is in full production till next year, 2)70% sales are exported to US and Europe ; 3)lower raw materials and operations cost,
4) new production line to begin next year June and production volume doubled from current 800 tons to 1600 tons.
5)Covid pandemic is still outraging worldwide
6)Diversity acrylic products to wider and high end, which in return earning higher margins
7)Renewable energy begins to contribute abt RM2 millions profit per year beginning from 4th qr this year
8) Collection Of millions of rental per year
9) Private placement well taken up at 0.415, 80 over millions PP shares listed. It means the investor has high confidence on this counter
9)As compare to masks and gloves, acrylic has wider range of usages, it cut cross to health care, industrial, property, foods, education etc.
10) The PP funds will be used for more expansion programs

3rd quarter ended on 30/9/2020, release on November.

Imagine if the shares price not sustain at above 10% or 20% of the private placement price, ie 0.415 sen, do you think the investors want to cough out the money?

After private placement price fixing, it will move soon

I believe another good news for Global Top Protection business ventures yet to be announced. Now we know why GOB spiking from 20 sen to today 75 sen. Maybe it will break RM1 soon

Another GOB subsidiary Global Top Protection yet to announce its new venture
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3085691

Should be a good news to GOB shareholders! Enter into nano technology !

MOU between GOB subsidiary Global Nano Innovation and Korea Fawoo Nano tech

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3087952

At last , Asia poly private placement is 0.415 sen
A good price !

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3087929

The director bought from open market again

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3087359

The director bought from open market again

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3087359

The pp price is 0.47

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=106863&name=EA_GA_ATTACHMENTS

Big players leading the sell down on gloves counters.. They will sell down and collect back. Small players will be the victims. No panic. Covid issues getting serious worldwide. Still needs at least one year to get the vaccine out .Side effects of the vaccine yet to be confirmed

Director buy shares again at 0.449 & 0.41

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3087359

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3086149

With covid, it is an added advantage!
Without covid, Asia poly still can fly.
It is different from gloves, masks or health care products! Am I right?

Live2Win. I am not very clear about Dolphin rights issue. What I am more interested is Asia poly business and its development.
1)The company is in full production till next year, 2)70% sales are exported to US and Europe ; 3)lower raw materials and operations cost,
4) new production line to begin next year June and production volume doubled from current 800 tons to 1600 tons.
5)Covid pandemic is still outraging worldwide
6)Diversity acrylic products to wider and high end, which in return earning higher margins
7)Renewable energy begins to contribute abt RM2 millions profit per year beginning from 4th qr this year
8) Collection millions of rental per year
9)As compare to masks and gloves, acrylic has wider range of usages, it cut cross to health care, industrial, property, foods, education etc.

Live2win You must understand, selling to off market and buying from open market is two different things. Selling to off market can be bulk selling to big players or others synergistic party which might push the further growth of the company. Buying from open market possibly collect from small investors with low sustainability , to sustain the shares prices

25/8 Dato Yeo bought in 1,000,000 shares @ 0.443. It shows major shareholders with high confidence on the coming qr results and the future developments

The MD Dato Yeo sold three times each 5 millions shares via off market mainly to an institutional funder, whom is also a private placement taker. I guess this big institutional funder is joining the company on new expansion manufacturing expansion. It is a good news!

The director disposed 5 millions shares via off market at 0.48 sen is mainly for institutional fund

Just read an article, Asia poly plans to raise RM76.4 millions fr private placement exercise, with an indicative price is assumed to be at RM0.47, which is a discount of 8.38% to the 5 days Volume Weighted Average Market Price (VWAMP) of RM0.513. 55 millions to be used for viable investment in manufacturing business, 10 millions for repay bank borrowings.and 11.3 millions for working capital purposes!

余光成浅谈投资

2020年8月24日星期一
Tekseng 7200 德成控股85仙投资。




Tek Seng Holdings Bhd是一家投资控股公司。它分为四个板块：PVC板块板块，从事聚氯乙烯（PVC）板块，工业和消费类零件的制造和贸易。 PP无纺布分部，生产和贸易与PP无纺布相关的产品；从事与PVC皮革相关产品贸易的PVC皮革分部和赚取主要收入。它从事与PVC相关和无纺布相关产品的制造和贸易,

无织布生产，口罩，防护衣的材料，疫情况态下，业绩增长持续。最高1.44回调至0.85，进入机会。

于30/6/2020公司库存价值3556万。

2020年估计EPs=6至7仙

Pe =20倍

股价=Rm1.20至1.40

The PP fund could be used for renewable energy development ! It is a big and lucrative project!

Normally when a company want to launch pp exercise, they will push the price to much lower level, after taking the average price, they will push up again to enable the pp buyer takes some price advantage. But Asia poly is the other way round, I guess the future is very good . Pp price could be 50-60 sen or higher per shares. It is just my 2 cents!

Erik7865 Private placement (PP) is one of the ways for company to raise fund for certain projects development or specific purpose. It can be from institutional or individual or with synergy effect.
For Asia poly, I noticed these few days the price spike high , it indicates the company future is very bright,there are buyers willing to cough out higher pp price to take up 20% pp shares. Just hold tight!

Private placement of up to 20% for Asia poly. The fund will be used for big investment

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3080383

News Bites
Jim Rogers gives the best investing advice you’ll hear, talks next big market crash
David Lin David Lin
Wednesday August 19, 2020 12:21
Kitco News

Jim Rogers, chairman of Rogers Holdings and co-founder of the legendary Quantum Fund, said that the next financial crash could be even worse than what we saw this year
On gold, prices still have a lot of room left to climb, Rogers said, adding that Warren Buffett did not enter the gold market too late with his recent purchase of Barrick Gold shares.

“If I’m right, gold is going to go much, much, much higher before this is over. Gold may well turn into a bubble. I hope it doesn’t, because if it turns into a bubble, I’ll have to sell it and I never want to sell it. I want my children to have my gold and silver someday,” he said.

Rogers draws on his decades-long investing experience, from his early days on Wall St. to his successes with the Quantum Fund, to give candid advice to any investor looking to win in the long haul.

Tan Sri Lau, together with his companies, Gek Poh holding, Hap Seng insurance are the substantial shareholders of Bornoil, altogether took up abt 15% of the total shares. Tan Sri Lau is one of the richest man in Msia and is a reputable successful businessman. With his background, do you think he wants to do something hanky panky or deceitful to the shareholders? Just look at Hap Seng, you will know how he treats his shareholders. Actions is louder than words!

Same surname but not related

Just stay cool. If you look back my comments during MCO, when everybody pessimistic about this counter, I told them gold is the only factor that can spike this counter. I retrieved the 2019 company report and showed to everybody the clear statements from the board.
I believe it is not easy to start up the gold excavation. It needs in-depth study and survey on the land, technology use, funding and most importantly, land is the state matter, it has to deal with state government and the politicians.
I believe everything is in order now. Be patient and hold tight. Gold price is spiking high, at this very difficult time, the government will give full report to this as well.
Most importantly, Tan Sri Lau and Hap Seng is still holding substantial shares!

Gold is the precious metal with limited resources. Irrespective of the fluctuation of gold price, ultimately it will still be bullish and uptrend. Gold cannot be manufactured like gloves or masks or in mass production When world economy or political crisis imminent, it will still be the best investment to retain the value of individual wealth

When Bornoil gold excavation project begins to kick off, institutional buyers may start to take up shares in big ways .

By Katherine Chiglinsky and Meghan Genovese , 15/08/2020, 4:13:09 am
Warren Buffett’s Berkshire Hathaway Inc. shifted investments in banks -- paring stakes in many of the financial industry’s top names -- and bet on Barrick Gold Corp. despite years of chiding the precious metal.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3077837

With gold mine , with limestone, Sole Cement manufacturer in East Msia, with fast food chain, with land bank for property development, renewable energy etc!

Bornoil will come in big way!

According to ED Mr Loh:
“For the PP non-woven segment, the revenue contribution was 25% last year. In the first quarter of this year (ended March 31), it made up about 30%. For 2Q, we’re looking at 70%,” Tek Seng executive director Loh Eng Chun tells The Edge in an interview. “It should be looking quite strong for now. PP non-woven prices shot up close to 300% in April and May and we are looking at 200% from June to August. Overall, we are seeing a price surge of over 200%,” Eng Chun says, adding that net profit margin has doubled to 15% from the 6% to 8% seen before the Covid-19 pandemic.

With that, Tek Seng, which has been running at full capacity of 300 tonnes per month, will double its production capacity when new machinery comes on stream in 3Q.

If you read the Edge interviews tek seng boss, Mr Loh Eng Chun, you will realise the coming quarter results will be very good. The company profit margin, productivity, the capacity, efficiency and market share increased substantially.
Once the correction is over, I believe this counter will spike high.

https://www.theedgemarkets.com/article/face-mask-and-ppe-demand-lifts-tek-sengs-fortunes

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.

Should be in November

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?

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?!

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!