Wt.many property counter already up. Ibhd SYMLIFE MAHSING mkh ecow all slowly up. Why you still 13sen with nta more than 1 ringgit. How can a counter share price 13sen with super net profit
Normally if one more super good results like last 2 times qr. Limit up maybe you can see Remmber last time mct ibh huayang Ewint Mkh Naim After good results limit up But Asiapac is pitty because many times super good net profit and high nta still no limit up. Hope this time can show the Asiapc power come
It has reasons why share price not moving up : 1). Highly gear i.e loan 300million + icus from director. Need to repay loan and interest
2). No dividend
3). Most NTA is from revaluation from Imago building.
4). Low level of cash/cash at bank.
5). Property sector is suffering downturn at the moment. Market consider this co is a quite risky co, so no large investment funds interested in this co.
After it generates sufficient cash (not profit as profit may come from revaluation of Imago building or real properties for instance 400 acres of land) and pay off some of the loan amount and Lowering down the gearing ratio, then the co may start to pay dividends. It is the time the share price may spike up.
Success come with hard work and luck. And do u think how many years u need to wait for this to happen, i.e better cash flow for this company is also the time u need to wait before the share price can spike up.
Stock has been consolidating for some time now at 12.5 to 0.13. At this level, there is little downside. Rebound imminent. Immediate resistance at 0.15
Nta keep top up . Really undervalued Hope market give fair value to Asiapc Never have a chance to limit up Pitty . Even many loss results company also can up . When can Asiapac fight back
Newbie here . Got people recommended this company claim is the most undervalued property counter base on nta pe net profit revenue results improved. And now new government seem doing so good many good things happen. Hope new government can help property in Malaysia. I am thinking of All In this company Because high Nta Pe good results Net profit every year and no loss. Got Mall got parking got Kepong project seem all is the best
The problem is the price offered by the main shareholder who is going to privatise the co. If the offered price is low, then no Kan taw.. especially when main shareholder only hold around 30% of the shareholding that would require substantially amount of fund to privitise.
Normally the co wouldn't privatise the co if the co is a highly geared co. During bad time, listed co has a advantage to issue right issue, issue bond, etc, so privatisation only good for boss if the co is low gear or no loan.
The privitization of this highly geared co will mean the the boss has to standby some fresh fund himself in case the co financial goes into problem..
Calvin sold some (or all, not confirm)..look back history (you can read over the story here, hopefully he didnt delete the posts) it looks like he wrote some good news in April 2019 to boost up the share price and sold some (or all, not confirm)..so sad the truth of his intention had revealed..
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....
Karlocs
37 posts
Posted by Karlocs > 2020-01-15 23:57 | Report Abuse
The market valuation given to Asiapac is very low. Hope the company may turnaround soon....