@i3lurker all the best with your trading strategy and good luck! But please stop scare mongering in the various chat groups just to facilitate a better position for you to buy back in after selling and having gained a few sens profit.
Once we get passed covid, the general elections and the second factory is in full swing, asiaply will properly fly.......
company expand means shares should go back to 4 sen right?
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The Property is strategically located approximately 800 meters from the Group’s existing acrylic manufacturing plant in Meru, Klang. The acquisition will allow the Group to expand its production capacity up to 3,200MT per month to meet the growing demand from overseas customers especially from US and Middle East. The acquisition will expect to contribute positively to the Group’s future earnings
Announcement made during noon trading break. But, in afternoon session, price dropped further. Is that a good news? Or perhaps, this is only in Malaysia like any others that happen here.
@sailang this expansion has been on the cards for quite a while, it just got slowed down due to covid. Asiaply have end purchasers in mind. They just needed to satisfy them on the quantity and quality of Asiaply production. So this acquisition is very good news for Asiaply. Asiaply have been focusing on the E.V. market. All the info is in my previous commentary.
@i3lurker ...often seems like that ...lol. Its a sell on news mentality for 2 or 3 sens increase rather than a hold on to enjoy the real long term benefit, but in time asiaply will deliver.
Interesting....hhmmm...is this another counter whereby no matter how much funds were raise, yet the projects still stalled, revenue dropping and the funds are not at Banks?
Can see that many investors are stuck even at prices of above 45c to 55c! Incredible, yet true.
Would the company kindly clarify their schedule of project, expansion plans and usage of funds raised?
Tawin won a contract with Aptiv group!! You know that company listed on the New York Stock Exchange. Aptiv group's clients are like the whose who in the automotive Industry BMW, toyota, Telsa list goes on.
You win a Contract with Toyota Motors to clean their toilets at HQ, Japan, does it also mean that the News back in Malaysia is magically described as building a Formula 1 engine for them????????
wah.. asiaply suddenly gain few fans.. i3lurker you finish reload how many lorries?? wah.. BennyWhittman holding a block at 40c ar.. aiyo.. my condolence.. but you can always reload back at current price.. half a lorry will hugely lower down your cost..
read news announcement and do FA can earn big money then whole streets millionaire d lor.. now the price cheap like shit dont want.. wait price spike up baru chase..
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....
fluffyclouds
521 posts
Posted by fluffyclouds > 2022-01-12 04:56 | Report Abuse
@i3lurker all the best with your trading strategy and good luck! But please stop scare mongering in the various chat groups just to facilitate a better position for you to buy back in after selling and having gained a few sens profit.
Once we get passed covid, the general elections and the second factory is in full swing, asiaply will properly fly.......