Posted by Tommylim > 2014-02-05 17:33 | Report Abuse

I think Morivae concern do not reflect on current extreme undervalue of Asiapac. Asiapac is only 20 cents compare to its ownership of Imago Mall. For information, Asiapac didnt sell any of its 300 units Imago Malls. Isnt that a brilliant move? Furthermore Imago Mall is chartered for high end customers mainly international tourists. Most of international brands already confirm their outlets in Imago Mall. Imagine buying latest LV handbag in Imago Mall rather that flighting to Hong Kong. On oversupply concern, do you know KL has not 1 but 4 biggest mall in the world? Do you know mall owners have the biggest revenue income? Once you understand the returns, i think oversupply will be the least concern. Thank you.

Posted by RN21 > 2014-02-05 17:38 | Report Abuse

Morivae, your description of KK is not true, may be 5 years ago, yes.

If you live in KK, u know that retail is very good lately, Tourism is very positive. U just go to KK at night and you can see full of Chinese, Korean, Japanese and even European tourist. Not to mention Brunei, west malaysian, sarawakian, others....Its a rising city!!

U can see West Malaysian and International Property Developer buying land in KK lately for their multi-millions project. They are fast to take the opportunity before its too late.

Why do you think lately lot of international hotels is going to open in KK?? JW marriott, Hiltons....others. More good news is coming my friend.

If you look at last year Tripadvisor 10 Rising destination in Asia, Only KK from Malaysia is one of them in a six spot!

Hard Rock cafe is opening its biggest outlet in KK middle of this year. I,m sure all of this international Brands have done their studies before invest in KK. Glenegles hospital is opening.

U ask me about Imago, its a Diamond in the making. I want to ask u 1 simple question, please find a parking at Suria Sabah, Centrepoint, Wisma Merdeka or other area in KK in a weekdays or weekend. I can assure u find a difficulties. Thats means market in KK is good. Any place is Jam due to high traffic.

In my honest opinion, KK is one of the rising city in malaysia due to Tourism and latest Biggest reserve Oil & Gas in Malaysia. Future is bright and may overtake or at Par with Penang and Johor in a very near future.

Posted by Tommylim > 2014-02-05 18:00 | Report Abuse

As consultant for oil and gas, Sabah is now among hotspot for expartes. During my short visit weeks ago, i met many foreigners from Korea, dutch, norway etc working in Sabah rising oil and gas industry. Beside islands, mountains, beaches, where do they go to? With such high spending power, Imago Mall fit the bill for these high end, high spending power. I dont see oversupply of malls, maybe i am not a local there but i look through eyes of a tourist. With over 3 millions direct tourists and expartes, you need plenty of malls. Thank you.

Posted by tracyjz > 2014-02-05 18:13 | Report Abuse

Very well say .. thumb up for comments above..

Posted by Kondohon > 2014-02-05 18:26 | Report Abuse

Morivae come to see to KK if you have a time, it's bustling city. Last week I came to KK again, so many tourist, and people. The only can stop KK I think is tsunami...

Posted by thesteward > 2014-02-05 18:27 | Report Abuse

agree with you Tommylim bro.

Posted by acevent > 2014-02-05 19:06 | Report Abuse

Well comments for KK. I can see if Asian Pac will have its dividend policy once it is doing well with its Imago Mall and cash management. Bros, do you agree with my IMAGINATION?

Posted by samsoongyc > 2014-02-05 20:01 | Report Abuse

Waiting 4 div payout then it will shoot!

Posted by Up_down > 2014-02-05 23:16 | Report Abuse

Dividend would be the bonus. I don't hope any within 2 years. Hope it would deliver better than expected quarterly results after 3 weeks.

Posted by tjhldg > 2014-02-06 02:06 | Report Abuse

: )

Posted by AyamTua > 2014-02-06 04:05 | Report Abuse

better quick punting than AT Systemization, CSL , Instacom, Asiamedia, frontkn, asiaep, patimas, ingenco, MAS etc etc this month .. kikiki

why punt? well most small cap stock begin from punting the slowly evolve into investment grade stock only can be "unlock" with time .. other investment grade stocks not for punting : ntpm and hexza ...

Posted by AyamTua > 2014-02-06 05:42 | Report Abuse

asiapac - let the game begins! kikiki

Posted by TraCyjz > 2014-02-06 08:36 | Report Abuse

Hope can reach first tp 0.25 this week..

Posted by RN21 > 2014-02-06 09:12 | Report Abuse

How to invest here? I,m "0" in this stock. Mostly I do property investment.

If anyone can guide or give the link to website that I can learn. Thank you.

Posted by afdz > 2014-02-06 09:18 | Report Abuse

0.25 from 0.2 hmmmm ? Maybe end of this month ..

Posted by Duitbesar > 2014-02-06 12:20 | Report Abuse

Hahaha. Tunggu 19 sen masuk lagi.

Posted by morivae > 2014-02-06 12:35 | Report Abuse

Don't "bomb" me brother, I'm just saying my on-the-street layman view...:p I'm sabahan too KK definitely is one of the highest tourist arrival within Malaysia.

Just that our state government is not making much efforts to support with the blossoming of Tourism industry. Private sector had make their move by building up office, shopping mall and etc to make KK a shopping and relaxing paradise, but without the proper infrastructure in line(Eg. Public Transport and Electricity woes) its quite difficult for other industry to grow. For those who have outlet in 1B, how many times have you encounter power trip/power shortage for the past half year?

I'm not saying Asiapac not good, in fact it's one of the fastest growing company in sabah and I do like some of the projects too but just I don't have the confident on the sabah property market.

Posted by Kondohon > 2014-02-06 13:30 | Report Abuse

Morivae, so you said that state goverment did not support tourism? so how does the tourist arrived if not promoted by the state gov? I saw the airport is expanded to cater the growing passenger arrival. For public transport I saw inter CityBus, Buses to nearest district, and beside the Imago a construction of new terminal bus. Power outage is common thats the downside, but Kimanis Power plant is in commisioning now with Electrical Grid is being built. So I expect power will be stable.

Posted by Tommylim > 2014-02-06 13:47 | Report Abuse

I appreciate Morivae concerns.There's few business which never oversupply, gambling dents, clubs and malls. Why do I say that? Because we are social creatures always looking for such places. That's why I am ever optimistic of malls. I have already bought half million worth of Asiapac as I am totally convince of Imago Mall future potential. The yearly 70 millions revenue does not include utilizing the many corners for small stall businesses or open spaces inside Imago Mall. The revenue yet to include savaging businesses that closed shops, yes, you can even made tons of money if tenants decided to close shops. Not many know that owning mall is the best revenue generating beside gambling dents or clubs. I hope Morivae can see things from proprietors point of view. If you don't own shopoffices or commercial properties, you cant understand how to generate huge among of passive income. Thank you.

Posted by tjhldg > 2014-02-06 15:34 | Report Abuse

wow !

Posted by Duitbesar > 2014-02-06 15:57 | Report Abuse

Hahaha. Kan abang dah kata jatuh balik 19 sen.

Posted by TraCyjz > 2014-02-06 16:11 | Report Abuse

impossible to drop back to 19 sens now...just keep going..

Posted by Duitbesar > 2014-02-06 16:40 | Report Abuse

Hahaha. Abang rasa pun tak jatuh 19 sen lagi. Gua rembat!!

Posted by morivae > 2014-02-06 17:40 | Report Abuse

@Kondohon: I'm just saying the support is not enough, try to grab a taxi at night and you will see what I mean.

@Tommylim: I do bought an unit(3rd Floor) in Warisan Square, and hoping could get some rental income like what you said but it seems it's a bad investment for me...:( Still got a lot to learn from you guys...

Posted by Tommylim > 2014-02-06 17:56 | Report Abuse

Morivae, you have much doubt. Please share with us in detail why you are so doubtful. We would like to consider your views. However, do be specific rather that cast general gloom view. Remember, we are here to serious investing our hard earn money. Do you think at 20 cents, Asiapac way overvalue? What is the right value? I can also say KL is not a good place for mall as travelling time take an hour or so from one place to another. And theres too many malls in KL. But do you see malls going bankrupt? Hope to hear from you. Thank you.

Posted by Duitbesar > 2014-02-06 18:16 | Report Abuse

Hahahaha. Asiapac ni angin sikit. Bila nak naik entah angin mana dah 23 sen pun. So gua bagi good advise, beli masa murah.

Posted by tjhldg > 2014-02-07 01:52 | Report Abuse

kikikiii

Posted by Kok Leong > 2014-02-07 09:13 | Report Abuse

third quarter annoucement will make on this month end ?

Posted by AyamTua > 2014-02-07 10:56 | Report Abuse

kalo olang tatak buang, naik lah dia .. aku tengok bola kaca - potensi untuk naik tinggi dari turun.. kalau ikut nujum pak belalang

Posted by AyamTua > 2014-02-07 11:08 | Report Abuse

cepat! cepat! hehehe

Posted by TraCyjz > 2014-02-07 11:18 | Report Abuse

reversal signal ..buy in now..

Posted by tewnama > 2014-02-07 11:23 | Report Abuse

Boleh hentam berapa?

Posted by labi > 2014-02-07 11:35 | Report Abuse

price being controlled at 200/205..q for selling almost the same figure at 2000 lots.boring la

Posted by mrlim > 2014-02-07 11:49 | Report Abuse

very low volume today

Posted by acevent > 2014-02-07 11:51 | Report Abuse

being controlled by big players. They want to see at this level

Posted by AyamTua > 2014-02-07 11:54 | Report Abuse

12:00 pegi makan dulu, 2:30 buka kedai tengok balik monitor.. kikiki

Posted by tewnama > 2014-02-07 13:31 | Report Abuse

Adohai... ini macam punya saham pun boleh main ke

Posted by AyamTua > 2014-02-07 15:01 | Report Abuse

coming... coming.. ah... ahhhhhh

Posted by AyamTua > 2014-02-07 15:04 | Report Abuse

naik sudah loh... cepat! cepat! cepat! hahahahaha

Posted by TraCyjz > 2014-02-07 15:08 | Report Abuse

resistance 0.23..how far can go this time

Posted by AyamTua > 2014-02-07 15:09 | Report Abuse

who knows... just pray it breaks 0.230 ...... got some money buy vegatable, gula and susu - already thankful loh...... sekarang kangkung saja yg murah.. wakakaka

Posted by AyamTua > 2014-02-07 15:10 | Report Abuse

2 more hours before market close - should be interesting to watch how far it can scale up today! kikikiki

Posted by labi > 2014-02-07 15:12 | Report Abuse

race just begun..100K lot in a blink

Posted by AyamTua > 2014-02-07 15:14 | Report Abuse

enjin kereta baru mau panas! cepat cepat

Posted by AyamTua > 2014-02-07 15:20 | Report Abuse

huge volume coming...

Posted by mrlim > 2014-02-07 15:23 | Report Abuse

towards 0.215

Posted by acevent > 2014-02-07 15:24 | Report Abuse

It is very obvious some big players is playing this counter. It just started right after 3pm. Now towards top 10 most active counter

Posted by AyamTua > 2014-02-07 15:25 | Report Abuse

acevent: heading towards 0.215 now ..

Posted by AyamTua > 2014-02-07 15:26 | Report Abuse

maybe just maybe 0.220 at 4:15pm ? hahahahaha

Posted by keyin > 2014-02-07 15:27 | Report Abuse

Hope 0.23 la