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Overview
Financial Highlight
Headlines
Business Background Pecca Group Bhd is an investment holding company. The company through its subsidiaries is engaged in manufacturing, distributing and installing leather upholstery for car seat covers and aircraft leather seat covers. It also supplies leather cut pieces.
  greentower Today volume 3.5 million, sold down to 2.98, then propped up to close at 3.27. Director and MDs wife announce she buy 1,156,900 shares at price transacted 3.2874 out of the whole time since she last buy in dec 2020, why she chose to buy so many shares today? if dont have this so called artificial insider support, share price end up where? maybe 2.50 or less. market has lost confidence in pecca. director buy many shares cannot recover the confidence.... 12/08/2021 7:52 PM Rocketcatch Pecca is a financially strong and debts free company. The director buy back shares as they have confidence in their company and knowing that their company share price is worth more than that. 12/08/2021 8:19 PM stocksrocket When price down, some says "see, i told you so". But when price up, they say overvalue. When director buys shares...they say market lose confidence but when director sells shares, they say director lose confidence in its own company... So how to please forever haters... Adui. 12/08/2021 8:21 PM Rocketcatch I have been monitoring the share of pecca for months. Very obviously that someone or a group of people are trying to push down the price. This action definitely is to create fear and try to trick the retailers to lost faith in the company so they can panic sell and they can continue to collect the shares at lower price. Dont fall into their trick. I have faith in Pecca as the director is buying back their shares. 12/08/2021 8:26 PM KakiKakiStock insiders always feel their company share price is worth more than curent share price. that is normal. at rm3, they think their counter should be rm6. when insiders try milk company all for their own benefit, that is super abnormal to any investor or institution. it a BIG red flag. wallstreetrookie half right. insider buying to support, no foreign institution at all. congrat to traders who made money, must thank director sam. better hope she support more. 13/08/2021 8:33 AM Investmon with so much cash sitting in Pecca balance sheet, how else can one take the money out? Rentas RM100mil acquisition of half cash half shares is best strategy to siphon money ... great move by Pecca owners 13/08/2021 10:42 AM greentower car salesman friend sent article...https://www.freemalaysiatoday.com/category/nation/2021/08/14/lockdown-seen-as-disaster-for-automative-sector/ An industry player who also asked to be anonymous said local brands had been hit badly by the closure. MAA president Aishah Ahmad told FMT the lockdown had been “disastrous” for the industry. this confirm car biz is gone, no sign of recovery. NatsukoMishima ask correct question, are u dare to hold? the fear is very REAL. 15/08/2021 8:11 AM  stingray_ea 3.13 =================== Posted by stingray_ea > Apr 8, 2021 3:02 PM | Report Abuse X run run run limit down soon ======================== 16/08/2021 9:22 AM cn21 4 Executive Directors : MD, MD's wife, MD Son & daughter........Now buy a newly established company from his daughter for RM200 Million valuation........ Is he running a family business...or Public company.....???? 17/08/2021 8:52 PM cn21 4 Executive Directors : MD, MD's wife, MD Son & daughter........Now buy a newly established company from his daughter for RM200 Million valuation........ Is he running a family business...or Public company.....????.... Good Luck to the existing minority shareholders..... 20/08/2021 2:01 PM KakiKakiStock let do a recap on movement within pecca company. CFO foo ken nee kicked out on 21 may. CFO tang tat chun kicked out on 13 July. executive director chew kian seng kicked out on 20 Aug. pecca announce rm100 million milking exercise for sole benefit of majority shareholder family on 2 Aug. share price start plunge after milking exercise announce. director sam maybe cannot stand see price drop everyday, came in support with 1156900 share buy. share price still continue drop. market can maybe see a link from the 3 people kicked out and milking exercise. it could be the 3 people no agree with milking exercise and got kick out? market lost confidence in pecca, only insiders support share price. can support for how long? 24/08/2021 7:38 AM KakiKakiStock this morning again some1 put 100,000 to buy at 3 at 850am. and then withdraw the order with 10 seconds to opening. already many times this happen. bursa need to act on this spoofing. 26/08/2021 10:26 AM Putrajaya666 CFO foo ken nee kicked out on 21 may. CFO tang tat chun kicked out on 13 July. executive director chew kian seng kicked out on 20 Aug. Good infor. thanks 27/08/2021 10:06 AM greentower https://www.thestar.com.my/news/nation/2021/09/02/govt-sets-ceiling-price-for-covid-19-self-test-kits this yesterday news on ceiling price for test kit pecca shareholders now want to know if ceiling price also on rt-pcr test kit supplied to moh from restas healthcare company. and how it will affect the acquisition since rentas profit sure drop a lot bad omen for this milking exercise oh..... 03/09/2021 10:31 AM flyguye @greentower, I think that ceiling price won't affect the profits from the deal as a contract with set terms would have been struck beforehand. But as usual we can expect the price to be pushed down. Woohoo! 03/09/2021 11:41 AM value1nvesting as far as i know the ceiling is on RTK Test Kid and not the PCR Pecca is supplying to MoH. Doubt MoH will adjust the price as the agreement has been signed. interesting to see how market react though, price seems to sustain at this level. 03/09/2021 7:33 PM greentower new health minister must adjust terms of contract. govt contracts based on draw downs. for test kits not yet draw down, set ceiling price. it is after all the rakyats money. some more now pandemic. retribution for those make big profit from death and suffering of the people. 06/09/2021 7:53 AM ivanlau Pecca this time really " picak " .... today closing 2.97, believed it will drop till 2.30 within month..... 13/09/2021 7:28 PM  EatCoconutCanWin Face mask n covid test kits price keep dropping. Not easy to do business. Haiz... CEO already try his best during pendemic but luck not at their side. 13/09/2021 8:47 PM cn21 most probably next quarter, the company is making loss due to MCO ( Produa sales drop and factory no operation)....... is time to RUN!..... 14/09/2021 2:11 PM flyguye listen to the guy above, he needs your help! sell your shares so they can buy.......LoL 14/09/2021 2:34 PM Putrajaya666 drop below ma200....... still got genius want to buy and hold heheheheh 15/09/2021 2:39 PM  | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
