Aspen
Last:0.03
-0.001
Aspen
Post Reply
341-360 of 385
what a flush
I hoping for BB to push it to 105. Then it will scare the hell out of the shorties, so they will cover as high as 112 at the end of the day.
SmallSmall ( Date: 10-Feb-2022 13:50) Posted:
Play of the day. Hovering at day high of $0.098
The shorts likely to pay a price later as the short covering begins |
|
Play of the day. Hovering at day high of $0.098
The shorts likely to pay a price later as the short covering begins
How low can this go ? 2 cents ?
U still holding it?
butongren ( Date: 06-Feb-2022 12:08) Posted:
| Anyone still holding bought 20-30+ level ? |
|
Anyone still holding bought 20-30+ level ?
Property and glove sectors. not doing well at the same time , big losses are going to announce ?
MarcLim ( Date: 01-Feb-2022 22:51) Posted:
No surprise. see what is the loss result.
Joelton ( Date: 31-Jan-2022 09:55) Posted:
Aspen expects to report net loss for 1HFY2022
Malaysian-based property developer Aspen (Group) Holdings is expecting a net loss for its 1HFY2022 ended December 2021.
Based on its preliminary review and assessment of current information, the net loss for the period is attributable mainly due to the unprecedented business disruptions caused by the Covid-19 pandemic to the operations of the group.
For the property development sector, the temporary halt of the construction works of the group&rsquo s ongoing projects, namely Vivo Executive Apartment and Viluxe, to comply with the full Movement Control Order (MCO) imposed by the Malaysian government to curb the spread of the Covid-19 infection in the country, as well as the severe supply chain disruptions and unskilled foreign labour shortage due to the temporary entry ban to Malaysia, has severely impacted the construction progress.
This was further compounded by the tight Covid-19 standard operating procedure (SOP) set by the government on the resumption of construction activities.
Despite recording a significant increase in unbilled sales and bookings in 4QFY2021, underpinned by the increase in demand for the group&rsquo s overall development properties, especially in Aspen Vision City, the group says that it was unable to realise revenue from the new sales owing to the delay in the construction progress, longer legal documentation processes and slow turnaround by various government agencies caused by the Covid-19 SOPs.
In addition, the group&rsquo s healthcare sector was impacted by the ongoing global supply chain challenges, higher shipping and logistics costs, prolonged shipping delays, higher production and energy costs, lower capacity utilisation rate and continuous decline in the average selling prices (ASP) of gloves.
The group is still in the midst of finalising its results for the said period and will announce its financial performance on or before Feb 14.
|
|
|
|
No surprise. see what is the loss result.
Joelton ( Date: 31-Jan-2022 09:55) Posted:
Aspen expects to report net loss for 1HFY2022
Malaysian-based property developer Aspen (Group) Holdings is expecting a net loss for its 1HFY2022 ended December 2021.
Based on its preliminary review and assessment of current information, the net loss for the period is attributable mainly due to the unprecedented business disruptions caused by the Covid-19 pandemic to the operations of the group.
For the property development sector, the temporary halt of the construction works of the group&rsquo s ongoing projects, namely Vivo Executive Apartment and Viluxe, to comply with the full Movement Control Order (MCO) imposed by the Malaysian government to curb the spread of the Covid-19 infection in the country, as well as the severe supply chain disruptions and unskilled foreign labour shortage due to the temporary entry ban to Malaysia, has severely impacted the construction progress.
This was further compounded by the tight Covid-19 standard operating procedure (SOP) set by the government on the resumption of construction activities.
Despite recording a significant increase in unbilled sales and bookings in 4QFY2021, underpinned by the increase in demand for the group&rsquo s overall development properties, especially in Aspen Vision City, the group says that it was unable to realise revenue from the new sales owing to the delay in the construction progress, longer legal documentation processes and slow turnaround by various government agencies caused by the Covid-19 SOPs.
In addition, the group&rsquo s healthcare sector was impacted by the ongoing global supply chain challenges, higher shipping and logistics costs, prolonged shipping delays, higher production and energy costs, lower capacity utilisation rate and continuous decline in the average selling prices (ASP) of gloves.
The group is still in the midst of finalising its results for the said period and will announce its financial performance on or before Feb 14.
|
|
Aspen expects to report net loss for 1HFY2022
Malaysian-based property developer Aspen (Group) Holdings is expecting a net loss for its 1HFY2022 ended December 2021.
Based on its preliminary review and assessment of current information, the net loss for the period is attributable mainly due to the unprecedented business disruptions caused by the Covid-19 pandemic to the operations of the group.
For the property development sector, the temporary halt of the construction works of the group&rsquo s ongoing projects, namely Vivo Executive Apartment and Viluxe, to comply with the full Movement Control Order (MCO) imposed by the Malaysian government to curb the spread of the Covid-19 infection in the country, as well as the severe supply chain disruptions and unskilled foreign labour shortage due to the temporary entry ban to Malaysia, has severely impacted the construction progress.
This was further compounded by the tight Covid-19 standard operating procedure (SOP) set by the government on the resumption of construction activities.
Despite recording a significant increase in unbilled sales and bookings in 4QFY2021, underpinned by the increase in demand for the group&rsquo s overall development properties, especially in Aspen Vision City, the group says that it was unable to realise revenue from the new sales owing to the delay in the construction progress, longer legal documentation processes and slow turnaround by various government agencies caused by the Covid-19 SOPs.
In addition, the group&rsquo s healthcare sector was impacted by the ongoing global supply chain challenges, higher shipping and logistics costs, prolonged shipping delays, higher production and energy costs, lower capacity utilisation rate and continuous decline in the average selling prices (ASP) of gloves.
The group is still in the midst of finalising its results for the said period and will announce its financial performance on or before Feb 14.
The Board of Directors (the ' Board' ) of Aspen (Group) Holdings Limited (the ' Company' and
together with its subsidiaries, the ' Group' ) wishes to inform shareholders and potential investors
of the Company that, based on its preliminary review and assessment of the information currently
available to the Board, including the unaudited consolidated financial statements of the Group for
the six months ended 31 December 2021 (' HY2022' ), the Group is expected to report a
consolidated net loss for HY2022.
The expected loss for HY2022 is attributable mainly due to the unprecedented business
disruptions caused by the Covid-19 pandemic to the operations of the Group. For the Property
Development sector, the temporary halt of the construction works of the Group' s ongoing projects,
namely Vivo Executive Apartment and Viluxe, to comply with the Full Movement Control Order
imposed by the Government of Malaysia to curb the spread of the Covid-19 infection in the
country, as well as the severe supply chain disruptions and unskilled foreign labour shortage due
to the temporary entry ban to Malaysia, has severely impacted the construction progress. This
was further compounded by the tight Covid-19 Standard Operating Procedure set by the
Government of Malaysia on the resumption of construction activities. Despite recording a
significant increase in unbilled sales and bookings in Q4 2021, underpinned by the increase in
demand for the Groups overall development properties, especially in Aspen Vision City, the
Group was unable to realise revenue from the new sales owing to the delay in the construction
progress, longer legal documentation processes and slow turnaround by various government
agencies caused by the Covid-19 SOPs. In addition, the Group& rsquo s Healthcare Sector was impacted
by the ongoing global supply chain challenges, higher shipping and logistics costs, prolonged
shipping delays, higher production and energy costs, lower capacity utilisation rate and
continuous decline in the average selling prices (ASP) of gloves.
Pursuant to Singapore Financial Reporting Standards (International) (SFRS(I)) 1-40 Investment
Property, the Group also recorded an impairment loss in an associate company of the Group,
Bandar Cassia Properties (SC) Sdn. Bhd. (' BCP' ), based on the latest valuation report in respect
of the development land owned by BCP.
The Company is still in the midst of finalising its financial results for HY2022 (the ' Results' ).
Further details on the Group' s financial performance will be made available in the Results, which
will be announced on or before 14 February 2022.
Recently lots of crap counters hurting retailers.
his idol is Tan Sri Chua Ma Yu
bystander1965 ( Date: 27-Jan-2022 19:12) Posted:
I'm not sure if you were around and read all his posts. Anyway it is moot now.
muifan ( Date: 27-Jan-2022 18:14) Posted:
the counter did surge during that time ,
look at vicplas, isnt it the same?
can we then say all those call for vicplas during then are bullshit?
i guess most forumers are speculative short term traders not long term holders : |
|
|
|
I'm not sure if you were around and read all his posts. Anyway it is moot now.
muifan ( Date: 27-Jan-2022 18:14) Posted:
the counter did surge during that time ,
look at vicplas, isnt it the same?
can we then say all those call for vicplas during then are bullshit?
i guess most forumers are speculative short term traders not long term holders :)
bystander1965 ( Date: 27-Jan-2022 14:49) Posted:
MBULLISH.
I remember very well cause s/he was the first to make me go " wow, seriously this forum" back in Aug2020 when I first joined.
Maybe should change the name to MBULLXXXT instead sound close enough. 
|
|
|
|
The management show signs of manipulating their own stock price. Flip flop announcement.... Official somemore.
If u not stuck, just avoid. Tons of other decent stocks to invest. If u in deep, well....... Just trade along when news hit to gain back the lost.
Do avoid Aspen at all cost unless you really like your wallet to feel like As*pain. Price most likely to go lower with their ever ding dong announcement.
the counter did surge during that time ,
look at vicplas, isnt it the same?
can we then say all those call for vicplas during then are bullshit?
i guess most forumers are speculative short term traders not long term holders :)
bystander1965 ( Date: 27-Jan-2022 14:49) Posted:
MBULLISH.
I remember very well cause s/he was the first to make me go " wow, seriously this forum" back in Aug2020 when I first joined.
Maybe should change the name to MBULLXXXT instead sound close enough.
Checkerman ( Date: 27-Jan-2022 14:16) Posted:
cannot recall his name
he down a few condo when aspen was trading above 30 cent
he has predicted $ |
|
|
|
Its a cash burn company now.
I sincerely hope no one got burnt in this, after all the warnings by a few others in the past couple of months
share pric now is below pre-covid..
It?s been a while since I last visited this thread. And Aspen is already trading at 7c range. From its high of 35-36c if I don?t recall wrongly. It?s very important to identify a company that qualified for being an investible company. Take care.
MBULLISH.
I remember very well cause s/he was the first to make me go " wow, seriously this forum" back in Aug2020 when I first joined.
Maybe should change the name to MBULLXXXT instead sound close enough.
Checkerman ( Date: 27-Jan-2022 14:16) Posted:
cannot recall his name
he down a few condo when aspen was trading above 30 cent
he has predicted $1
henrymilton ( Date: 27-Jan-2022 14:01) Posted:
|
|
|
