Issued By
SEE_Research
(Sensing Eagle Eye Research)
Founded in 1973, PCCS Group is a diversified investment holding group major in textile industry. The coverage involves manufacturing, trade, services, and investment. For more than 40 years, PCCS Group has always adhered to the corporate culture of “people-oriented, inheritance, and simplification and pragmatism”, and has embarked on a transformation of factor-driven to value creation, from assemble manufacturing to independent innovation. The Group's current mission and vision is to “Make investments create a better world and great platform with happy stakeholders”.
PCCS Group was listed on the main board of the Kuala Lumpur Stock Exchange in Malaysia in 1995. The group has more than 4,000 employees, more than 20 wholly-owned and holding companies, and a number of state-level high-tech and international standardization companies
November 14, 2019 22:48 pm +08
KUALA LUMPUR (Nov 14): PCCS Group Bhd saw 24 million shares, or an 11.43% stake, in the company crossed off-market today.
The shares were transacted at 40 sen apiece or a total of RM9.6 million, according to Bloomberg data.
This price represents a discount of 1.23% over today’s closing market price of 40.5 sen, which values the company at RM85.07 million.
The parties involved in the transactions have not been identified.
The largest shareholder of PCCS is Chan Choo Sing, with an indirect interest of 111.52 million shares or 53.1% as at Oct 8.
Shares in PCCS closed unchanged at 40.5 sen today with some 1.2 million shares traded. Over the past year, the counter has risen by 102.5%.
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Technical Chart Analysis
From announcement 7 Aug 2018 on Interim Dividend 1.0000 Cent (meaning one lot of 1,000 shares payable by company to investor equals to RM10.00)
2019
The dividend play plus Chinese New Year pay from 8 Feb 2019 (RM0.22) to 12 April 2019 (RM0.50).
Total number of days = 70 days. Total Price Increment RM0.50-RM0.22 = RM0.28.
2020
Expect a gigantic rally from 3 Jan 2020 to 13 Mar 2020 (Number of days = 70 days)
From price RM0.445 (3 Jan 2020 Closing Price) + RM0.28 = RM0.725 Target Price
RECAP
Analysis on Earning Per Share (EPS)Announcement Date / EPS29 Nov 2019 / 1.7730 Aug 2019 / 0.5330 May 2019 / 3.5727 Feb 2019 / 2.17---------------------------------SUBTOTAL / 8.04 x PER (Price Earning Ratio) 10 = RM0.804 Intrinsic ValueCurrent Price as of 3 Jan 2020 = RM0.445
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Technical Chart
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This year 2020 - also a representation of the perfect vision and eyesight 20/20.
Do you have what it takes to capture this moment and WIN BIG CAPITAL GAINS by this Chinese New Year rally?
Issued By
SEE_Research
(Sensing Eagle Eye Research)
Chart | Stock Name | Last | Change | Volume |
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Created by SEE_Research | Feb 26, 2023
Created by SEE_Research | Jan 05, 2023