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  Cryptotrader I like wanchain... PUC has signed agreement with wanchain already... Do join my telegram. @consistentprofittradingstrategy 28/07/2019 9:43 AM Daz Ng Finally New Malay Director is on board, could it be possibly a new direction on government project? 02/08/2019 11:15 PM jl88 Improved business results cum proactive management could create any possibilities 03/08/2019 8:26 PM Daily8 CCH keep selling shares. So low still sell. Not a good direction perhaps? 07/08/2019 10:53 PM jl88 Might shares change hand,, purposely keep at lower price for hidden buyer.. 08/08/2019 10:09 AM jl88 KUALA LUMPUR (Aug 8): PUC Bhd has proposed to raise up to RM15.58 million via a private placement to fund its working capital as well as digital infrastructure design and development for its Presto mobile application. The proposal came less than a year since the completion of its previous private placement exercise in October 2018, whereby PUC placed out a total of 159.17 million shares to fund its investment in Celcom Planet Sdn Bhd (now known as Presto Mall Sdn Bhd), operator of e-commerce platform 11Street (now PrestoMall). In an exchange filing, PUC said today's proposed placement involves the issuance of up to 229.06 million shares, representing 10% of the total number of issued shares, to third parties yet to be identified. The issue price has yet to be determined but will be issued based on a discount of not more than 10% to its five-day volume weighted average market price up to and including the last trading day immediately preceding the price-fixing date. Based on an illustrative issue price of 6.8 sen per placement share, PUC is expected to raise up to RM15.58 million. Of the total, PUC has earmarked RM8 million for its working capital requirements including staff costs and other administrative or operating expenses, while the balance of RM7.43 million will be for the development of the Presto mobile application, besides estimated expenses for the exercise. PUC’s Presto mobile app was launched in December 2017 and acts as a digital services platform connecting consumers with merchants, service providers, and brand owners. It has an e-wallet feature, known as PrestoPay, launched in September 2018 and thereafter integrated onto PrestoMall. “Following the integration with PrestoMall, the cashback feature of Presto mobile app is currently being revamped to increase its cohesiveness for Presto community members and to encourage consumers and merchants to actively transact via both Presto mobile app and PrestoMall. “To support the next phase of the Presto mobile app’s growth, the group intends to utilise the balance proceeds from the proposed private placement (after the portion allocated for working capital and expenses for the Proposed Private Placement) to finance the digital infrastructure design and development of the Presto mobile app,” said PUC. Barring any unforeseen circumstances, PUC expects the proposed private placement to be completed by the fourth quarter of this year. At market close today, shares in PUC closed at 7.5 sen, valuing the group at RM161.84 million. 08/08/2019 8:26 PM cytew Unlikely to go up any time soon, but it might be hitting new low if coming Q results are not impressive... 16/08/2019 6:28 PM Daily8 While the Company estimates that the current costs for the aforementioned initiative to be in the region of RM7.50 million at this juncture, it should be noted that the upgrading of the Presto Mobile App is a continuous effort to ensure its attractiveness and may entail further costs in the future. In the event the proceeds from the Proposed Private Placement is not sufficient to fund the aforementioned costs, the shortfall is expected to be funded via internally generated funds / borrowings / other fund raising alternatives. 20/08/2019 10:12 PM jl88 better and better this puc, not sure share price will up or maintain at current level..but this company has prospect and proactive management..will be proven just like frontkn 29/08/2019 2:35 AM jl88 market taste has changed→good results dump, bad result goreng kaw kaw, Malaysia styles 29/08/2019 11:40 AM jl88 KUALA LUMPUR (Aug 29): PUC Bhd's net profit for the second quarter ended June 30, 2019 (2QFY19) grew 13.44% to RM2.63 million, from RM2.32 million in the corresponding quarter last year, following higher sales from its OmniChannel segment and a RM3.93 million write-back on impairment losses on trade receivables. In a bourse filing, the group said earnings per share (EPS) declined to 0.12 sen, from 0.16 sen previously. Quarterly revenue rose 7.21% to RM17.64 million, from RM16.45 million in the corresponding quarter last year. The group attributed its higher quarterly net profit to higher sales of out-of-home advertisements spaces recorded by its OmniChannel business segment, as well as a write-back on impairment losses on trade receivables amounting to RM3.93 million that PUC had managed to collect from previously impaired trade customers. For the first half of the year (1HFY19), cumulative net profit nearly doubled to RM4.41 million, from RM2.67 million in the corresponding period last year — with cumulative EPS rising to 0.21 sen, from 0.18 sen last year. However, 1HFY19 revenue inched downwards to RM30.45 million, from RM32.07 million last year. In a statement, the group said this was the result of the normalised contribution from its FinTech segment, as 2QFY18 captured the commercialisation of technologies sources from the Shenzhen Institutes of Advanced Technology. "Amidst the challenging market, PUC Group continued our 'Ventures' spirit in 2019 to forge strategic collaborations with relevant partners to further solidify Presto digital ecosystem. To date, we have onboarded various digital services to Presto, including online marketplace, food delivery, movie and air ticket purchase, as well as a digital game, named Grabbit. "The soon-to-join Presto Travel services will extend the offering range and are expected to drive traffic to the ecosystem. We are also enhancing the financial element of the ecosystem via introducing credit and more payment features for greater user exposure. Integration among these services will continue to be seen to create more positive feedback loops within Presto ecosystem," said group managing director and chief executive officer (CEO) Cheong Chia Chou. At Bursa Malaysia's noon break, the counter was unchanged at seven sen, valuing the company at RM153.05 million, with 9.34 million shares traded. 29/08/2019 8:23 PM Pegasus88 What do you think about this guy’s analysis? He’s very bullish at this counter. http://donovan-ang.blogspot.com/2018/07/funds-flow-track-of-puc-berhad-klse.html?m=1 18/09/2019 5:15 AM Pegasus88 What do you think about this guy’s analysis? He’s very bullish at this counter. http://donovan-ang.blogspot.com/2018/07/funds-flow-track-of-puc-berhad-klse.html?m=1 18/09/2019 5:16 AM funda latest news, cooperation with JD http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=97521&name=EA_GA_ATTACHMENTS 19/09/2019 3:21 PM funda https://www.chinapress.com.my/20190901/%E8%8C%83%E9%9B%85%E7%A6%8F%EF%BC%9A%E4%B8%9C%E5%8D%97%E4%BA%9A%E7%AC%AC%E4%B8%80%E4%B8%AA%E4%BA%AC%E4%B8%9C%E6%97%A0%E4%BA%BA%E7%A7%91%E6%8A%80%E7%BD%91%E7%BA%A2%E5%95%86%E5%9F%8E%E5%9C%A8%E9%A9%AC/ Upcoming new unmanned influencer shopping mall at quill mall. Leading by JD.com (one of china leading online store beside taobao) I believe this is connected to today announcement from PUC. They will be using Presto universe ecosystem in this first of it kind unmanned shopping mall in Malaysia! 19/09/2019 3:44 PM funda Rumour they may potentially working with one of the world largest KoL platform (influencer platform) to promote this.... 19/09/2019 3:51 PM  |
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