ASIAN PAC HOLDINGS BHD

KLSE (MYR): ASIAPAC (4057)

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Last Price

0.095

Today's Change

0.00 (0.00%)

Day's Change

0.09 - 0.10

Trading Volume

384,300


20 people like this.

10,060 comment(s). Last comment by SincereStock 3 weeks ago

stncws

10,711 posts

Posted by stncws > 2024-07-05 16:04 | Report Abuse

banker bought 5m @ .118 today, signify next week good time

SincereStock

2,367 posts

Posted by SincereStock > 2024-07-05 16:10 | Report Abuse

@stncws how / where u get such info?

stncws

10,711 posts

Posted by stncws > 2024-07-05 16:29 | Report Abuse

based on today volume.

SincereStock

2,367 posts

Posted by SincereStock > 2024-07-05 17:42 | Report Abuse

@stncws how to trade RM0.118 at the market? if you mean average cost, how do you calculate that? how you know who are the buyers & sellers behind all the transactions?

SincereStock

2,367 posts

Posted by SincereStock > 2024-07-05 17:46 | Report Abuse

even if you are right, 5m is just 5/1488 = 0.3% of the total shares here. doesn't signify they have collected enough. just point out facts, despite I hope you are right and this counter fly high next week

SincereStock

2,367 posts

Posted by SincereStock > 2024-07-05 17:52 | Report Abuse

the buyer can also be 3rd party retailers / institution investors with huge capital that are interested with the company at current low price. too many possibilities to be conclusive or get prematurely hyped before actual rally happening

nemesis

3,994 posts

Posted by nemesis > 2024-07-09 09:19 | Report Abuse

Is AsiaPac related to SMI? Are they having the same boss or majority stake in both companies?

SincereStock

2,367 posts

Posted by SincereStock > 2024-07-09 11:19 | Report Abuse

yes related, having stakes in each other, but the their respective big boss (biggest shareholder) is not the same person. asiapac's big boss is mah. smi is having internal affair now to decide who are the big boss, but unlikely to be mah because his stakes there as far as i know is not close to be the biggest shareholder

SincereStock

2,367 posts

Posted by SincereStock > 2024-07-09 11:21 | Report Abuse

asiapac most investment losses / gains are mainly due to price changes (quarterly) in smi if I am not mistaken, because it is it's main external investment besides own businesses of imago mall & property development

nemesis

3,994 posts

Posted by nemesis > 2024-07-09 11:41 | Report Abuse

Woww, it seems that AsiaPac is starting to Goreng!

SincereStock

2,367 posts

Posted by SincereStock > 2024-07-09 12:18 | Report Abuse

@nemesis hopefully, operator has been collecting for year, as long as we have been waiting, I believe the price only keep this low for operator to collect more by exhausting investors' patience, currently it is still almost half the price of iculs / ipo despite the company fundamental is now more built up with imago mall and NTA been grown to 0.73 despite bad debts. bear in mind that big boss mah subscribed the most iculs at 0.200. for that he is very well aware that the company is worth a lot more than that and in future will be traded above that whenever he wanted.

with that being said, despite trading a little back and forth in between, (had to do so in case operator still want to play and collect more at lower price flip flop), I am still keeping majority of my stakes here. 40% of my total investment capital is in this counter.

SincereStock

2,367 posts

Posted by SincereStock > 2024-07-09 12:24 | Report Abuse

value of this counter should be 0.200 above no doubt. but also bear in mind that most queue parked at 0.110 / 0.115 are most likely the operator itself, therefore are irrevalant as support as it can just be opeator's mindgame and operator still can went back to 0.110/0.115 anytime if wanted to collect more.

in short it is still all up to operator in this highly controlled counter

Sean08

30 posts

Posted by Sean08 > 2024-07-09 12:28 | Report Abuse

Previously SMI and Asiapac are having the major shareholders. Hence you can see Asiapac is managing SMI carparks at Zenith and Kelana Square. Now seems like there is a new major shareholder in SMI.

SincereStock

2,367 posts

Posted by SincereStock > 2024-07-09 12:33 | Report Abuse

@Sean08 things are so mess at smi. imo, smi is just a liability to asiapac, as well as it's own property development sector. only good thing in asiapac is what that made up majority portion of it's NTA and serve as the only source of consistent profit income I.E. IMAGO MALL

SincereStock

2,367 posts

Posted by SincereStock > 2024-07-09 12:37 | Report Abuse

I would be glad if asiapac can do the same as wct, relist imago mall as reits so that mother share value can be unlock by clearing bad debts with ipo money, and also hope that existing shareholders here can get little portion of imago reits free shares. best win situation.

that way investors that not interested in asiapac's property development business can sell away mothershare at reasonable valuation and move the capital into imago mall new reits (if reasonable ipo / post ipo market price) or move into other undervalue counters

SincereStock

2,367 posts

Posted by SincereStock > 2024-07-09 12:45 | Report Abuse

the above I said is also possible if operator has already collected as much as possible shares of the company, because since when the big boss would like to share profits with investors? most likely they want to keep most profits for themselves. only thing we can do is hold as tight as possible until that day happen and be the few survivors left that the operator cannot sweep away

Sean08

30 posts

Posted by Sean08 > 2024-07-09 22:10 | Report Abuse

Menara SMI at Lorong P. Ramlee is undervalue. SMI also have investment in New Zealand and is getting yearly dividend.

SincereStock

2,367 posts

Posted by SincereStock > 2024-07-10 09:53 | Report Abuse

@nemesis 2022 articles?

nemesis

3,994 posts

Posted by nemesis > 2024-07-12 02:13 | Report Abuse

Yes...it means that Surya PJ south will contribute positively for its coming quarters from its property division besides Imago Mall

SincereStock

2,367 posts

Posted by SincereStock > 2024-07-12 16:18 | Report Abuse

@nemesis oic, good to know, didn't know much about it's property sector, thank you for the info

SincereStock

2,367 posts

Posted by SincereStock > 2024-07-22 16:53 | Report Abuse

cut queue top up a little more ASIAPAC at 0.110 (22 july 2024, 5.00pm t-price)

nemesis

3,994 posts

Posted by nemesis > 2024-07-22 20:45 | Report Abuse

Current posted quarterly fin result achieved the highest revenue of all time...All these signs are pointing to robust growth ahead from its Imago shopping mall and its property division...Next coming quarter results should be positive and strong...At current level of 0.11, Asiapac is trading at a massive discount to its entire assets...Imago Mall alone is worth at least estimated 1.2 bil...Share price only dirt cheap at 0.11... Unbelievable!!!

SincereStock

2,367 posts

Posted by SincereStock > 2024-07-22 22:27 | Report Abuse

@nemesis well said ^_^

stncws

10,711 posts

Posted by stncws > 2024-07-23 11:20 | Report Abuse

15/9 AGM fire the BOD kaw kaw until pants drop.

nemesis

3,994 posts

Posted by nemesis > 2024-07-23 17:09 | Report Abuse

Surya Pj South and Mahogany Residences are expected to contribute positively to its coming quarterly result along with its Imago Mall operation which is contributed by steady arrival of tourists to KK...

SincereStock

2,367 posts

Posted by SincereStock > 2024-07-29 16:54 | Report Abuse

topped up a few more ASIAPAC at 0.110 (29 july 2024)

SincereStock

2,367 posts

Posted by SincereStock > 2024-08-05 15:54 | Report Abuse

topped up a few more ASIAPAC at 0.100 (3.54pm, 05 august 2024)

SincereStock

2,367 posts

Posted by SincereStock > 2024-08-10 16:08 | Report Abuse

https://news.seehua.com/post/1197291

good news for ASIAPAC's imago mall

Sean08

30 posts

Posted by Sean08 > 2024-08-12 21:09 | Report Abuse

Interesting..........Asiapac is disposing a parcel of leasehold land for 26mil. Wondering how much is the book value. Disclosed in their annual report.

stncws

10,711 posts

Posted by stncws > 2024-08-13 11:29 | Report Abuse

This coming month end QR see got dispose or not ..

Sean08

30 posts

Posted by Sean08 > 2024-08-13 12:56 | Report Abuse

The leasehold land is in Selangor. Most likely is Kundang landbank. Sorry the land is valued at 26mil and is not being disposed at 26mil.

SincereStock

2,367 posts

Posted by SincereStock > 2024-08-13 13:37 | Report Abuse

perhaps good for one off profit & clearing some debts?

apple4ver

24 posts

Posted by apple4ver > 2024-08-18 01:00 | Report Abuse

Refer Note 14 AR2024, S&P RM26.1m, BV RM26.0m. BV was RM30.5m in 2023. It is the Kundang landbank. Total debt @31/03/2024 RM560.4m, excluding ~RM110m payable for land and subsidaries purchase (Note 17, Note 19; AR2024).

stncws

10,711 posts

Posted by stncws > 2024-08-20 22:58 | Report Abuse

boss hold 19,548,750+4,730,900 share in SMI. @45c... offer price take over

stncws

10,711 posts

Posted by stncws > 2024-08-20 23:12 | Report Abuse

Next target...asiapac @ 50c

SincereStock

2,367 posts

Posted by SincereStock > 2024-08-21 11:15 | Report Abuse

sold a few ASIAPAC at 0.11 & 0.12 to lock profit (21 august 2024)

nemesis

3,994 posts

Posted by nemesis > 2024-08-21 13:24 | Report Abuse

I m sure they might be a new charting to Asiapac business soon...

SincereStock

2,367 posts

Posted by SincereStock > 2024-08-21 13:26 | Report Abuse

still got a lot asiapac left, asiapac is currently my main holding made up of near 40% of my total capital

SincereStock

2,367 posts

Posted by SincereStock > 2024-08-21 13:27 | Report Abuse

just trade a few in between in case non stop flip flopping only

nemesis

3,994 posts

Posted by nemesis > 2024-08-21 13:44 | Report Abuse

Woww u are gonna be rich soon holding big chunk of Asiapac shares...the next catalyst will be coming improving quarterly net profit driven by its its steady contribution from its property and Imago shopping mall revenues...Asiapac is turning around!!!

nemesis

3,994 posts

Posted by nemesis > 2024-08-21 13:48 | Report Abuse

Share price is 0.12 but its NTA is 0.738 indicating Asiapac is deeply undervalued...if coming quarterly results are promising, then Asiapac should worth around 0.30 in fair value...

SincereStock

2,367 posts

Posted by SincereStock > 2024-08-21 13:52 | Report Abuse

@nemesis yes agree. btw today rising is probably catalysted by potential SMI take over, if successful will give more cash to ASIAPAC to ease up it's huge debts

stncws

10,711 posts

Posted by stncws > 2024-08-25 11:35 | Report Abuse

Good closing.12c..see tommorrow..dow jones up 450

SincereStock

2,367 posts

Posted by SincereStock > 2 months ago | Report Abuse

Mall / Carpark operations improved very well. Property is the one dragging it down again. it would be good if can let go SMI to get cash and clear the bad debts / high finance costs

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