Posted by Mabel > 2019-05-28 23:30 | Report Abuse

Bravo Asianpac!

Posted by Mabel > 2019-05-28 23:31 | Report Abuse

Looking forward for taken private :)

Posted by banker33 > 2019-05-29 09:25 | Report Abuse

Performing very well indeed with the results just ouw. At NTA of $1 and EPS at 5.09 cents and a very low PE, what more can I ask for.

Posted by nckcm > 2019-05-29 09:28 | Report Abuse

Funny....

Posted by Myeye > 2019-05-29 09:47 | Report Abuse

~.~

Posted by Nepo > 2019-05-29 10:20 | Report Abuse

The funny thing is that there is no big guy seem interested to initiate hostile takeover or no institutional investors seem interested to invest in this company till now..

Posted by VegeKingII > 2019-05-29 11:04 | Report Abuse

Jen jen jen. Time for sour grapes to come out

Posted by bullstudent > 2019-05-29 11:26 | Report Abuse

15 sens today would be nice

Posted by nckcm > 2019-05-29 13:35 | Report Abuse

Hahah operating a loss is still a loss lol

Posted by Sales > 2019-05-29 15:01 | Report Abuse

Accumulate at 0.135.

Posted by nckcm > 2019-05-29 15:45 | Report Abuse

Confirm many trapped at 0.15 above. Loss is still a loss admit it

Posted by banker33 > 2019-05-29 15:57 | Report Abuse

I am new to this counter, just wonder if you had any statistics to stand y your statement.



nckcm Confirm many trapped at 0.15 above. Loss is still a loss admit it
29/05/2019 3:45 PM

Posted by Nepo > 2019-05-29 16:00 | Report Abuse

Buy shares are like that lah, it is almost impossible to buy at the lowest price. But if it is a good counter, it will rebound. If u are afraid to lose, then just stay aside and watch, it is as simple as that. lol

Posted by nckcm > 2019-05-29 16:03 | Report Abuse

0.125 close

Posted by nckcm > 2019-05-29 16:10 | Report Abuse

U ask banker and sincere stock lo.. banker33 stuck at bimb-wa lol

Posted by Nepo > 2019-05-29 16:19 | Report Abuse

Why u are so sure they are dreaming, are u INSIDER/OPERATOR? only insider/operator will know the future price movement.

Posted by Nepo > 2019-05-29 16:32 | Report Abuse

haha, if u have time and in good mood, it is quite fun to make some jokes with Asiapac operator here.

Posted by valour > 2019-05-29 17:56 | Report Abuse

Well...in a way operators r minorities sugar daddy now they r sponsoring us when they bought RI at 0.20 n their warrants r worthless .....haha .

Posted by Nepo > 2019-05-29 19:01 | Report Abuse

Asiapac operator not easy to go privatization. He think that he can do RM 0.30 privatization ? Nope, Till now he himself and his wife collectively only hold about 36%( including Iculs)

Posted by Nepo > 2019-05-29 19:04 | Report Abuse

This is why he keeps buying shares by using dirty trick, so u need to beware this.

Posted by valour > 2019-05-29 19:12 | Report Abuse

Nepo
U know operators are like desperado now u cannot go wrong ! It's like my property worth 1M and they asking me to sell at 100k they must be nuts .

Posted by nckcm > 2019-05-29 23:26 | Report Abuse

All tokok.. going back 0.125 in a few days after t2

Posted by nckcm > 2019-05-29 23:27 | Report Abuse

Yesterday all dreamers are gone with the wind no where to be seen .

Posted by banker33 > 2019-05-30 10:17 | Report Abuse

nckcm U ask banker and sincere stock lo.. banker33 stuck at bimb-wa lol
29/05/2019 4:10 PM

you joker, didn't I told you all very much earlier that I buy from 14 to 18 cents, you got no cow sense, hahaha

Posted by nckcm > 2019-05-30 23:31 | Report Abuse

Then now u stuck in asiapac? Hehe tp0.30 go where ?

Posted by nckcm > 2019-05-31 11:01 | Report Abuse

Those tokok can kiss your ass good bye... lousy stock

Posted by Angielim9955 > 2019-06-01 16:59 | Report Abuse

Me buy at 16.5sen now trap
But the results is perfect. Ksl only half of asiapc epf.
Asiapac eraning power is super good than Ksl and Mahsing
But why share only nta more than 1 ringgit terrible horror happened in Bursa Malaysia.
Can bursa check them . Report fake kah ?
Want cut loss also cannot because company keep improving money keep growing yoy qoq. How to cut loss.
Somemore parking business cash money mean cash rich company?
Should give us special dividend 30sen or 40sen for compensation.
Asiapac 's Boss can tell us what do you want from us . Private this cash rich cow ?

Posted by supersaiyan3 > 2019-06-02 19:51 | Report Abuse

Hello guys.

I think nckcm has a point. Asianpac spent so much money on Imago etc but yet overall still operating at loss.

I think at least on the surface Imago still a fantastic mall. Its not like any other place in Malaysia you got so many tourists to give an extra push. But yet can't make good money, that's puzzled me.

For 1b investment, the yield should be at least 5%. Say Imago plus carpark is making 25m a year, then your yield is only 2.5%. For sure you lose your underwear doing property investment this way.

I understand that the carpark opposite Imago (Times Square) is charging RM15 per parking (highest i ever heard off), good move Asian Pac. But I noted the basement carpark of Times Square is pretty much empty. (Note that both belongs to Asian Pac)

For some unknown reason, Asianpac still need some time.

Posted by nckcm > 2019-06-02 20:26 | Report Abuse

A shopping mall cant keep your income for long, especially with debt of 300m plus. While other operations not doing good. A mall can eventually go into default

Posted by Nepo > 2019-06-03 09:07 | Report Abuse

Every business has a risk, same to buying share. But there are different kinds of risks and these can be differentiated into high risk, low risk, seasonal risks and etc.

Normally, mall renting can be considered as low risk (this is correlated to the company low growth rate) as population in developing countries tend to increase due to high birth rate, unless there is a serious economy downturn or better malls coming up.

Posted by valour > 2019-06-03 10:33 | Report Abuse

deMusangking
Honestly...10yrs from now whether u still alive to comment or not . We r not immortal lah . Btw the IOI big boss just passed away my condolence a humble man

Posted by Nepo > 2019-06-03 13:25 | Report Abuse

@valour, u are indeed very good in expressing some ideas in a implicit way, really nice bros!

Posted by valour > 2019-06-03 14:06 | Report Abuse

Really...IOI big boss was humble when he came to my father shop to buy black label whiskey n chat with my dad for a while when his office was at Newtown PJ . Just 2 shophses then if I remember . I was young then... haha

Posted by valour > 2019-06-03 16:37 | Report Abuse

Yeah..give chance for masses to buy in ...haha

Posted by calvintaneng > 2019-06-03 16:38 | Report Abuse

ASIAPAC WILL BENEFIT FROM VMY2020

Posted by calvintaneng > 2019-06-03 16:41 | Report Abuse

AFTER TUN DR M TOOK STAND FOR HUAWEI

EXPECT CHINA TO RECIPROCATE BY DIRECTING MANY MANY MORE MILLION CHINA TOURISTS TO VMY2020

IMAGO MALL SHALL DO VERY WELL. ASIAPAC SHOULD BOOM

AS WELL AS ASB & MUI BHD

Posted by calvintaneng > 2019-06-03 16:49 | Report Abuse

Posted by deMusangking > Jun 3, 2019 4:47 PM | Report Abuse

IMAGO MALL SHALL DO VERY WELL. ASIAPAC SHOULD BOOM !!!!!!
said the same thing when > 0.18 .....few years back!!!!!!!

be careful of con artist!!!!!!!

haha


WHERE GOT SAY LAST TIME?

NOW ONLY READY THESE FEW YEARS

AND CHINA TOURISTS COMING BACK IN DROVES!!!

Posted by valour > 2019-06-03 16:51 | Report Abuse

Surprisingly our PM very pro China ...well it's a good thing for our economy tho

Posted by xiaoji > 2019-06-03 18:12 | Report Abuse

revenue keep dropping , liability keep increasing,
without land revaluation, this counter may not able to continue get loan from finance institutes.
if not mistaken when they did the same way back in 2015, the price was at 0.40.

Posted by calvintaneng > 2019-06-03 21:33 | Report Abuse

Just wait old musang

Time will come

Posted by nckcm > 2019-06-03 22:24 | Report Abuse

Close eyes.. next quarter will make loss

Posted by calvintaneng > 2019-06-03 22:53 | Report Abuse

Sincerestock

You went and took the video?

Great !

Posted by calvintaneng > 2019-06-04 01:31 | Report Abuse

Very good indeed

SincereStock is the type of i3 forumers we need

Those who can contribute by giving us first hand up to date information that is so important

Thank you very much

Posted by (US/CHN trade war doesn't matter) Philip > 2019-06-04 01:35 | Report Abuse

Hi sincerestock I also live in sabah. However why you and me see different thing?

You don't notice there are too many shopping mall in KK?

You don't notice Grand merdeka empty, suria mall empty, Oceanus empty, Imago mall upstairs area empty since opening until today? Kk times square empty. Empty shoplots everywhere.

The NTA "value" from Bank is always there. Valuation is all based on last done price. What is last done price? Is based on asiapac subsidiary and proxy company buying and boosting up value for last sold unit.

But all is fake value. You go ask kk times square next to Imago shoplot how much is rental for ground floor unit? Now ground floor rm3000 per month also empty.

Yes Calvin, sgd1000 rental also empty. How many shoplots in ground floor shopping mall renting at sgd1000, but still empty. In prime CBD area? This is called understanding your business. Not just from financial report.

Asiapac NTA definitely high( units can sell?), but take a look at the annual report. Notice how high their borrowings are? Ask yourself unsold units, is it easy to sell without taking a loss in overall valuation? If last done price is low, entire market will crater, hard to sell other units at high price. No one will buy. That's why forever empty...

Why not consider other wonderful Sabah companies which making tons of money have over foot with big monopoly...

SOGT, SAMUR all owned by PCHEM. Net profit 20%+, zero debt, growing dividend year after year. Demand for fertilizer in Sabah growing by leaps and bounds. Monopoly in many crucial chemicals...

Hap Seng? Wonderful company... Nothing more to describe.

Hibiscus? Also Sabah company with good future ( ex shell sabah).

I won't say the obvious one in sepanggar next to rasaria( grow from 1 warehouse to 12 in 4 years) lest Calvin say I promoting... But best run company in Sabah.

Many wonderful companies that have near monopoly in Sabah, no one know... But you see them and use them every day.

Only people like Calvin who don't live in Malaysia buy developer companies. He thinks they have many assets. All I see are debts and liabilities.

Very simple sincerestock, I'm sure you have friends who work with developers and property agents. Just ask them, how easy has sales been last few years? How long have those units been empty with no buyer but every month have to pay interest? How much bonus are developers paying their staff every year? How many new development projects being launched in Sabah every year? Can manage?

For asiapac, I don't have to tell you Imago operating for long time, but until today still not making money. Ask to compare with returns from Shanghai Imago and compare the returns? Then you will understand the small population in Sabah ( with usable income) is not equipped to handle the huge development projects being built. Plus Imago was built on a huge loan, still only barely paying off interest... Not even touch capital.

When one Borneo can't pay bills and almost dying, wisma merdeka also doing, Grand merdeka already dead... And still got 5 new shopping going to be built in KK( one likas, shopping mall in lintas next to polyclinic, Pacific city, ecocity, aeropod phase3-5,) do you really want to invest in asiapac long term?

Posted by valour > 2019-06-04 08:15 | Report Abuse

Hahaha...if u sell Musang King at 0.13 a kilo there is bound to be many buyers . Who can resist such offer . Heaven sent !!!

Posted by nckcm > 2019-06-04 08:22 | Report Abuse

Hahaha shots fired.. income depend on mall.. wait for deafult to bank.. cant pay loans lol so huge debt

Posted by valour > 2019-06-04 09:03 | Report Abuse

Wow....default best outcome after settling all debts balance return to all shareholders . Wow...wow...wow strike jackpot better than privatise .

Posted by valour > 2019-06-04 09:18 | Report Abuse

SincereStock should be around 9 to10 fold to current price . Rule of thumb

Posted by valour > 2019-06-04 09:31 | Report Abuse

SincereStock
U know ur stuff n give very factual rebuff . Best wishes

Posted by valour > 2019-06-04 09:40 | Report Abuse

deMusangking
See video posted u blind or what ?