Posted by Lim Tek Wai > Jul 31, 2018 10:44 AM | Report Abuse

climbing, start taking profit hehehe

Posted by ViWizard > Sep 5, 2018 4:36 PM | Report Abuse

can buy?

Posted by abdrahib > Oct 5, 2018 8:14 AM | Report Abuse

To day RSI below 30.Can buy or not?

Posted by afterlight > Dec 27, 2018 11:25 AM | Report Abuse

This DATO' LUA CHOON HANN keep acquiring like mad, lol

Posted by monkeyinvestor > Jan 21, 2019 10:17 PM | Report Abuse

need times just wait can rocket

Posted by commonsense > Feb 3, 2019 10:21 AM | Report Abuse

Both the company’s business in manufacturing (via subsidiary Furniweb) and property development are facing operational challenges which had affected the profit to shareholders. The 9m18 result delivered a total loss of RM3.3mil to the shareholders with 4Q18 also expected to still record a loss. Manufacturing business saw a drop of profit by almost 70% due to the intense competition in the industry. The sales in property has dropped by almost half due to lower sales from the Picasso Residence project. Management is planning to venture into the affordable housing segment which I think is a bit late given the already intense competition in the segment. Even those that are well known in the segment (like Hua Yang) is finding it difficult to deliver profit to their shareholders. In addition, with the new regulation imposed by the Pakatan government, where any residences to be considered affordable, it will need to be have at least 900 sq ft of size and be price below RM300k. This would only mean lower profit margins to the developers.

If you are looking to diversify your portfolio outside of PRG Holdings (due to its earnings uncertainties and bleak business outlook), I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

FY19 growth will be driven by the still high demand of the new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company’s profit by an additional RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.9x PE.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analysts is around RM3.50.

Good luck.

Posted by 129055444514385 > Feb 19, 2019 9:59 AM | Report Abuse

reported quarterly losses and stopped paying any dividend since 2017 :)

Posted by 129055444514385 > Feb 25, 2019 10:19 AM | Report Abuse

prg , very undervalued................. its shareholdings in furniweb listed on HKSE is worth several hundred million ringgit now , if not mistaken check it out...it could be privatised by the largest shareholders

Posted by 129055444514385 > Feb 25, 2019 10:20 AM | Report Abuse

52 Weeks Range: 0.70 - 0.925 it could rebound strongly if the few major shareholders started buying again....

Posted by 129055444514385 > Feb 25, 2019 10:46 AM | Report Abuse

the No1 in prg now is a singaporean if not mistaken,... more and more projects in spore also for prg as expected.... listed in HK, potential new project in China also

Posted by 129055444514385 > Feb 25, 2019 11:22 AM | Report Abuse

market cap is about HKD1.5bil now.... about RM750mil.... prg holds about 63% of furniweb if not mistaken, valued at about RM472.5mil just for this listed subsi.

8480:HKHong Kong
Furniweb Holdings Ltd
2.94HKD-0.07-2.33%
OPEN
3.01
PREV CLOSE
3.01
VOLUME
64,000
MARKET CAP
1.497B
DAY RANGE
2.93-3.03
52 WEEK RANGE
0.29-3.34
25/02/2019 11:20

Posted by 129055444514385 > Feb 25, 2019 11:24 AM | Report Abuse

market cap of prg RM200mil++ was very undervalued..... its 63% shareholdings in furniweb is already worth about RM475Mil based on current market price ... please check it out yourselves... haha

Posted by 129055444514385 > Feb 25, 2019 3:12 PM | Report Abuse

something good is coming, expecting :)

25-Feb-2019 Additional Listing Exercise of Warrants - 3,719,000 shares at 0.375.

21-Feb-2019 Insider DATO' WEE CHENG KWAN (a substantial shareholder) was dealing with company shares on 21-Feb-2019.
21-Feb-2019 Insider DATO' WEE CHENG KWAN (a substantial shareholder) was dealing with company shares on 21-Feb-2019.
21-Feb-2019 Insider DATO' WEE CHENG KWAN (a company director) was dealing with company shares on 21-Feb-2019.
21-Feb-2019 Insider DATO' WEE CHENG KWAN (a company director) was dealing with company shares on 21-Feb-2019.
21-Feb-2019 Insider DATO' WEE CHENG KWAN (a company director) was dealing with company shares on 18-Feb-2019.
21-Feb-2019 Insider DATO' WEE CHENG KWAN (a company director) was dealing with company shares on 18-Feb-2019.

Posted by 129055444514385 > Feb 25, 2019 3:16 PM | Report Abuse

Type: Warrants
Sector:
Listing Date: Jul 11, 2014
Maturity Date: Jul 06, 2019
Issue Size: 54,320,100
Exercise Price: MYR 0.375
Ratio:
Underlying Stock: PRG
Avg Volume (4 weeks): 0
4 Weeks Range: 0.315 - 0.40
52 Weeks Range: 0.315 - 0.60

Posted by 129055444514385 > Feb 25, 2019 3:30 PM | Report Abuse

:) if the volume improves, the price could rise rapidly, :)

Date Open Range Close Change Volume
22/02/2019 0.75 0.745 - 0.75 0.75 0.00 (0.00%) 72,000
21/02/2019 0.75 0.74 - 0.75 0.75 0.00 (0.00%) 151,900
20/02/2019 0.75 0.75 - 0.75 0.75 0.00 (0.00%) 76,000
19/02/2019 0.745 0.74 - 0.75 0.75 0.00 (0.00%) 646,400
18/02/2019 0.745 0.74 - 0.75 0.75 0.00 (0.00%) 354,400
15/02/2019 0.75 0.74 - 0.75 0.75 0.00 (0.00%) 247,000
14/02/2019 0.74 0.74 - 0.75 0.75 0.00 (0.00%) 132,400
13/02/2019 0.75 0.74 - 0.75 0.75 0.00 (0.00%) 128,000
12/02/2019 0.75 0.735 - 0.75 0.75 0.00 (0.00%) 228,100
11/02/2019 0.75 0.735 - 0.75 0.75 -0.005 (0.66%) 183,000
08/02/2019 0.765 0.755 - 0.765 0.755 +0.005 (0.67%) 155,000
07/02/2019 0.75 0.00 - 0.00 0.75 0.00 (0.00%) 0
04/02/2019 0.745 0.745 - 0.75 0.75 0.00 (0.00%) 25,000
31/01/2019 0.735 0.73 - 0.75 0.75 0.00 (0.00%) 415,800
30/01/2019 0.73 0.73 - 0.75 0.75 0.00 (0.00%) 106,000
29/01/2019 0.75 0.75 - 0.75 0.75 0.00 (0.00%) 2,000
28/01/2019 0.745 0.73 - 0.75 0.75 0.00 (0.00%) 449,500

Posted by 129055444514385 > Mar 4, 2019 12:32 PM | Report Abuse

Expecting surge in mother share price soon, all prg warrants will be exercised then :)

Posted by afterlight > Mar 4, 2019 3:40 PM | Report Abuse

Undervalued

Posted by 129055444514385 > Mar 7, 2019 3:20 PM | Report Abuse

the share price is well supported... maybe, something interesting is coming :)


7168 PRG PRG HOLDINGS BERHAD
Additional Listing Announcement /Subdivision of Shares

1. Details of corporate proposalWhether the corporate proposal involves the issuance of new type and new classof securities? NTypes of corporate proposal : Exercise of WarrantsDetails of corporate proposal : Exercise of WarrantsNo. of shares issued under this corporate proposal : 3,230,880Issue price per share ($$) : 0.3750Par Value ($$) (if applicable) : 0.000Latest issued share capital after the above corporate proposalIn the followingUnits : 322,698,374Issued Share Capital ($$) : Malaysian Ringgit (MYR) 88,247,666.800Listing Date : 07/03/2019Remarks:You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com


06/03/2019 10:45 AM


Ref Code: 201903063000027

Posted by 129055444514385 > Mar 7, 2019 3:25 PM | Report Abuse

interesting :)

DATO' WEE CHENG KWAN 04-Mar-2019 Others 3,095,880 0.000 View Detail
DATO' WEE CHENG KWAN 26-Feb-2019 Others 1,600,000 0.000 View Detail
DATO' WEE CHENG KWAN 26-Feb-2019 Others 1,255,320 0.000 View Detail
MR SY DIOCELDO SY 26-Feb-2019 Notice of Person Ceasing 0 0.000 View Detail
DATO' WEE CHENG KWAN 21-Feb-2019 Others 2,000,000 0.000 View Detail
DATO' WEE CHENG KWAN 21-Feb-2019 Others 1,500,000 0.000 View Detail
MR WANG JING 13-Feb-2019 Acquired 25,000 0.000 View Detail
MR WANG JING 12-Feb-2019 Acquired 25,000 0.000 View Detail
MR NG YAN CHENG 11-Feb-2019 Acquired 78,000 0.000 View Detail
DATO' WEE CHENG KWAN 30-Jan-2019 Transferred 1,200,000 0.000 View Detail
MR CHEAH ENG CHUAN 23-Jan-2019 Notice of Person Ceasing 0 0.000 View Detail
DATO' LUA CHOON HANN 28-Dec-2018 Acquired 45,200 0.000 View Detail
DATO' LUA CHOON HANN 27-Dec-2018 Acquired 15,000 0.000 View Detail
DATO' LUA CHOON HANN 26-Dec-2018 Acquired 23,000 0.000 View Detail
DATO' LUA CHOON HANN 21-Dec-2018 Acquired 2,300 0.000 View Detail
DATO' LUA CHOON HANN 20-Dec-2018 Acquired 36,500 0.000 View Detail
DATO' LUA CHOON HANN 19-Dec-2018 Acquired 2,000 0.000 View Detail
DATO' LUA CHOON HANN 18-Dec-2018 Acquired 5,000 0.000 View Detail
DATO' LUA CHOON HANN 17-Dec-2018 Acquired 22,000 0.000 View Detail
CHEAH ENG CHUAN 14-Dec-2018 Disposed 20,000 0.000 View Detail
DATO' LUA CHOON HANN 14-Dec-2018 Acquired 10,000 0.000 View Detail
WANG JING 13-Dec-2018 Transferred 15,622,800 0.000 View Detail
CHEAH ENG CHUAN 13-Dec-2018 Disposed 20,000 0.000 View Detail
DATO' LUA CHOON HANN 13-Dec-2018 Acquired 25,000 0.000 View Detail
PACIFIC VINTAGE SDN BHD 11-Dec-2018 Transferred 200,000 0.000

Posted by 129055444514385 > Mar 7, 2019 4:08 PM | Report Abuse

it seems the share prices were supported daily... maybe, the time will come soon :) hold your breath

Recent Prices
Date Open Range Close Change Volume
06/03/2019 0.74 0.74 - 0.745 0.745 0.00 (0.00%) 304,000
05/03/2019 0.75 0.745 - 0.75 0.745 -0.005 (0.67%) 390,400
04/03/2019 0.75 0.74 - 0.75 0.75 0.00 (0.00%) 488,300
01/03/2019 0.745 0.745 - 0.75 0.75 0.00 (0.00%) 398,600
28/02/2019 0.74 0.74 - 0.75 0.75 0.00 (0.00%) 131,200
27/02/2019 0.75 0.74 - 0.75 0.75 0.00 (0.00%) 181,500
26/02/2019 0.75 0.74 - 0.75 0.75 0.00 (0.00%) 286,300
25/02/2019 0.75 0.745 - 0.75 0.75 0.00 (0.00%) 239,800
22/02/2019 0.75 0.745 - 0.75 0.75 0.00 (0.00%) 72,000
21/02/2019 0.75 0.74 - 0.75 0.75 0.00 (0.00%) 151,900
20/02/2019 0.75 0.75 - 0.75 0.75 0.00 (0.00%) 76,000
19/02/2019 0.745 0.74 - 0.75 0.75 0.00 (0.00%) 646,400
18/02/2019 0.745 0.74 - 0.75 0.75 0.00 (0.00%) 354,400
15/02/2019 0.75 0.74 - 0.75 0.75 0.00 (0.00%) 247,000
14/02/2019 0.74 0.74 - 0.75 0.75 0.00 (0.00%) 132,400
13/02/2019 0.75 0.74 - 0.75 0.75 0.00 (0.00%) 128,000
12/02/2019 0.75 0.735 - 0.75 0.75 0.00 (0.00%) 228,100
11/02/2019 0.75 0.735 - 0.75 0.75 -0.005 (0.66%) 183,000
08/02/2019 0.765 0.755 - 0.765 0.755 +0.005 (0.67%) 155,000

Posted by ViWizard > Mar 13, 2019 12:26 PM | Report Abuse

what happen to this stocks?