Highlights
KLSE: PICORP (7201)       PROGRESSIVE IMPACT CORPORATION MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.06   0.00 (0.00%)  0.00 - 0.00  0
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Overview

Market Cap: 39 Million
NOSH: 658 Million
Avg Volume (4 weeks):315,710
4 Weeks Range:0.055 - 0.065
4 Weeks Price Volatility (%):
92.31%
52 Weeks Range:0.055 - 0.105
52 Weeks Price Volatility (%):
57.14%
Average Price Target: 0.28
Price Target Upside/Downside: +0.22

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2024 [#2]  |  26-Aug-2024
Next QR | Est. Ann. Date: 30-Sep-2024  |  27-Nov-2024
T4Q P/E | EY: -9.84  |  -10.16%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.0697  |  0.86
T4Q NP Margin | ROE: 0.68%  |  -8.74%

Headlines

Date Subject
01-Oct-2024 MQ Market Updates - 1 October 2024
26-Mar-2024 MQ Market Updates - 26 March 2024
28-Nov-2023 Daily Market Commentary - 28 Nov 2023

Business Background

Progressive Impact Corp Bhd is a Malaysia based investment holding company engaged in the principal activities of property investment and the provision of management and administrative services to its subsidiaries. It provides integrated environmental solutions to governmental bodies and private sectors involved in different areas. The group’s business segments are Environmental consultancy and monitoring services which provide environmental related services, Laboratory testing services which offer chemical testing, consultancy and other related services, and Wastewater treatment and solution, engaged in the provision of sewerage and solid waste management systems. It operates in Malaysia, Indonesia, and Saudi Arabia, and generates its key revenue from Malaysia.
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  8 people like this.
 
JejakaDuit Today TP Picorp 0.150 hopefully - go go goooooooooo
23/10/2023 9:15 AM
JejakaDuit shark is coming....
23/10/2023 9:58 AM
Good123 15-20sen.. banyak pencemaran di timur tengah, terutamanya Gaza.. projek2 bagi picorp otw
23/10/2023 12:04 PM
Superb99 Forever 105 counter
24/10/2023 2:52 AM
anisbin Touched 11 sen... Slow2 climbing...
24/10/2023 8:09 AM
JejakaDuit Morning today kita try push to 0.14
Hopefully kalau x menarik kita sell hahaha
Mcm mana nak naik if tak beli and asyik condemm jer .. kalau x minat this counter abaikan
Ikut citarasa masing2 k
Peace yoo
24/10/2023 8:26 AM
Good123 balik 35sen macam dlm bulan feb tahun ni kan? haha
24/10/2023 9:39 AM
Good123 banyak projek di timur tengah nanti... peperangan membawa kemusnahan... pencemaran udara, dll... baik bagi picorp
24/10/2023 9:40 AM
JejakaDuit bila tengok pada chart - mcm tu lah nampaknya - pelan2 kayuhh - sampai ke Feb 2024 hhahaa
24/10/2023 9:50 AM
Good123 Picorp dah ada subsi kat Saudi. :)


HLIB Research said Dnex is actively looking for avenues to expand its information technology business by tapping its experience and expertise in serving the public sector in Malaysia.

PETALING JAYA: Hong Leong Investment Bank (HLIB) Research says it is mildly positive on Dagang Nexchange Bhd’s (Dnex) venture into the Middle East and North Africa (Mena) region by leveraging technology solutions from China and Saudi Arabia.

The research house said Dnex is actively looking for avenues to expand its information technology business by tapping its experience and expertise in serving the public sector in Malaysia.

Should the venture come to fruition, Dnex will predominantly be responsible for providing the technical know-how and providing information and communication technology (ICT) infrastructures and subsequent maintenance works.

“We revamped our model and reintroduced our 18-month financial year 2023 (FY23), FY24 and FY25 forecasts at RM160.6mil, RM145.2mil and RM179mil, respectively.

“We have also not imputed this development into our forecasts until some contract wins are announced,” HLIB Research said in a report yesterday.

Dnex recently announced that it had entered into a joint-venture (JV) agreement with Zhongheguoji Construction Group Co Ltd (CSI) to set up a JV enterprise (China JVE) to provide licenses and/or services to Chinese and international customers.

The JVE also allows Dnex to access technology and solutions from China in areas of smart city and artificial intelligence, among others.

The registered capital of the JVE amounts to 20 million yuan (RM13mil) and will be funded by internally generated funds. Dnex would hold a 60% stake in China JVE, while CSI would own the balance of 40%.

Recall that Dnex and Ajlan and Bros Holding Group previously signed a JV agreement in March this year to form an equally-owned JV (KSA JV) to carry out systems integration in smart cities and large enterprise projects in the Mena region.

The newly formed JV agreement with CSI and the collaboration agreement between both JVs to be incorporated mark a continuation of Dnex’s venture into the Mena region by leveraging technology solutions from China and Ajlan and Bros’ access to the region.

HLIB Research noted that this venture is in conjunction with the objectives of Saudi Vision 2030.

This is the kingdom’s aim to implement smart-city projects across cities such as Makkah, Riyadh, Jeddah, Al-Madinah and Al-Ahsa, allowing Dnex to ride on the growing ICT spending in years to come from the kingdom.
25/10/2023 8:38 AM
Good123 kawan food bhd... nampaknya berpotensi tak terhingga... have a look ya :)
25/10/2023 10:04 AM
MarioBros Good123, whats the connection between those articles with picorp?
26/10/2023 11:34 AM
JejakaDuit Is coming game to start
01/11/2023 9:28 AM
pendekarbujang slow or fast will definitely go up. the operator is arranging the price at 0.095 and 0.10
02/11/2023 3:36 PM
Untapadangpasir Where all my picorp sifu?🙏
15/11/2023 3:32 PM
TCH1186 good123 is picorp sifuuuuu xD
15/11/2023 4:13 PM
Superb99 Useless counter
23/11/2023 11:04 AM
pendekarbujang Q3 results will be better and definitely turned black.
27/11/2023 9:25 AM
pendekarbujang revenue will likely be in the range of 25-26 million with net profit in the range of 1.5-2 million
27/11/2023 10:51 AM
JejakaDuit Today is a day to fly $$$ accepted project in indonesia & q3 profit bravoooo
28/11/2023 7:11 AM
pendekarbujang Positive news,positive momentum
28/11/2023 7:46 AM
pendekarbujang FA and TA looks good.uptrend
28/11/2023 2:54 PM
Good123 KUALA LUMPUR (Nov 27): Integrated environmental solutions provider Progressive Impact Corp Bhd has secured a contract from Indonesian state-owned energy company Pertamina Hulu Rokan to provide environmental sampling and laboratory analysis services for 52.53 billion Indonesian rupiah (RM15.73 million).

In a filing with Bursa Malaysia on Monday, Progressive Impact said its subsidiary PT ALS had entered into a contract dated July 12, 2023 with Pertamina Hulu Rokan for the three-year job, which commenced on July 14, 2023.

It said the contract is a continuation of the existing business that PT ALS has with Pertamina Hulu Rokan, and serves as an expansion of its business into the Indonesian market.

"The Pertamina Hulu Rokan project will have a wider positive impact in Indonesia. In the future, Pertamina Hulu Rokan is expected to become one of the main oil and gas producers in Indonesia, contributing to meeting national energy needs," it said.

On Monday's market close, Progressive Impact's shares were unchanged at 8.5 sen, with a market capitalisation of RM52.82 million.
04/12/2023 12:23 PM
TCH1186 are you ready kids? ai ai captainnnnnnn ooooooooooooooooooooooooooo~
06/12/2023 9:11 AM
hinakojw Bought after refer sifu(s) comment. However nearly 1 month already still not moving, can somebody advise better to hold or run. Thanks
19/12/2023 10:02 AM
JejakaDuit hold lah if you have a extra money - maybe soon can fly be waiting - sure this counter fly - maybe nextweek or 2 Jan 2024 start moving
19/12/2023 3:12 PM
JejakaDuit otwwwww rocket for New year 2024
29/12/2023 9:20 AM
JejakaDuit yeahhhhhhhhhhhhhhhhhhhh
29/12/2023 9:22 AM
TCH1186 Finally~
29/12/2023 9:26 AM
TCH1186 SMTM. Peoples are gambling. Most of pennies stock are hike
29/12/2023 9:27 AM
pendekarbujang Sell la.This operator bengong.Already late into gambling
29/12/2023 9:29 AM
pendekarbujang This operator is so afraid..They collected 0.08-0.085 long ago..Just dare to push about 1.5 cents only
29/12/2023 9:46 AM
TCH1186 I knew it. Sold dy. 105. 3w inside like hell. Jajajajaja
29/12/2023 11:27 AM
Kim Game jom. Wait & Watch =)
Gocean track =)
Kikiki
29/12/2023 3:13 PM
Kim 9.5 -10.5 Entry ticket =)
29/12/2023 3:33 PM
Kim get ready ... last call
29/12/2023 3:53 PM
Kim Going clear 10 line
29/12/2023 3:57 PM
Kim Buying 10 sen to take-off
29/12/2023 4:22 PM
TCH1186 Just wait at 9c again
31/12/2023 8:59 AM
JejakaDuit Today try pushhh rm0.120
09/01/2024 1:30 PM
Untapadangpasir Everyone here selling already or what? Senyap sunyi dah..where all the sifu?
17/01/2024 6:53 PM
tinman Picorp has a very strategic asset in the form of ALS Technichem. They're involved in heavy metal and environmental sample analysis. Now there aren't many players within that sector and the majority of private diagnostic labs refer samples to ALS for heavy metal screen, two other notables are Kbiocorp and Niosh. Niosh and Kbiocorp aren't very popular with the OH doctors as they're more comfortable with the SI unit and report presentation by ALS. ALS is an attractive acquisition target looking at TPG backed PAH trying to plug all the gaps but they in their own right have the capacity to deliver as more and more companies are allocating budget for heavy metal analysis. What would the future hold for Picorp? Only time will tell.
05/03/2024 10:20 AM
Untapadangpasir Moving..lai2..ticket limited
26/03/2024 3:29 PM
tinman This has a potential to spike during the coming quarter plus it's a proper stock with upside given their business ventures.
23/04/2024 9:53 AM
Sword Very high potential to move... But don't know when....
10/08/2024 10:32 PM
Good123 major shareholders rushing to exit,.,. dah banyak quarters rugi... hehe below 5sen soon i rasa

2024-08-30

Insider

ZAID & ZAIDAH (L) FOUNDATION (a substantial shareholder) disposed 27,714,286 shares on 28-Aug-2024.

2024-08-30

Insider

ZKSB HOLDINGS SDN BHD (a substantial shareholder) disposed 27,714,286 shares on 28-Aug-2024.

2024-08-30

Insider

ZAIYADAL SDN BHD (a substantial shareholder) disposed 27,714,286 shares on 28-Aug-2024.

2024-08-30

Insider

ENCIK ZAID BIN ABDULLAH (a substantial shareholder) disposed 27,714,286 shares on 28-Aug-2024.

2024-08-30

Insider

PUAN ZAIDAH BINTI MOHD SALLEH (a substantial shareholder) disposed 27,714,286 shares on 28-Aug-2024.

2024-08-30

Insider

ENCIK ZAID BIN ABDULLAH (a company director) disposed 27,714,286 shares at 0.070 on 28-Aug-2024.

2024-08-30

Insider

PUAN ZAIDAH BINTI MOHD SALLEH (a company director) disposed 27,714,286 shares at 0.070 on 28-Aug-2024.
05/09/2024 3:07 PM
Good123 macam mau gulung tikar pulak hehe


Name Details of Changes
Date Type No. of Shares Price
ENCIK ZAID BIN ABDULLAH 28-Aug-2024 Disposed 27,714,286 0.070
PUAN ZAIDAH BINTI MOHD SALLEH 28-Aug-2024 Disposed 27,714,286 0.070
DATO DR LUKMAN BIN IBRAHIM 14-Jun-2024 Acquired 600,000 0.075
ENCIK ZAID BIN ABDULLAH 13-Jun-2024 Disposed 8,300,000 0.072
PUAN ZAIDAH BINTI MOHD SALLEH 13-Jun-2024 Disposed 8,300,000 0.072
PUAN ZAIDAH BINTI MOHD SALLEH 15-Mar-2024 Disposed 5,738,500 0.077
ENCIK ZAID BIN ABDULLAH 15-Mar-2024 Disposed 5,738,500 0.077
ENCIK ZAID BIN ABDULLAH 06-Mar-2023 Disposed 6,050,000 0.274
PUAN ZAIDAH BINTI MOHD SALLEH 06-Mar-2023 Disposed 6,050,000 0.274
MR LEE WENG CHONG 03-Mar-2023 Disposed 250,000 0.300
DATO DR LUKMAN BIN IBRAHIM 16-Jan-2023 Disposed 350,300 0.275
05/09/2024 3:08 PM
Untapadangpasir Zaid n zaidah laki bini sudah mau pencen jual share semua..org baru take over..ready to fly
06/09/2024 12:46 AM
koyokui Buy tp 7sen same with nta insya allah
12/09/2024 5:29 PM
koyokui Buy got mou
18/09/2024 6:15 PM


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