Stockman blogs

Pesona (70 sen) Pesona WC (45 sen )

stockmanmy
Publish date: Mon, 03 Apr 2017, 02:40 PM
Trade at your own risk. I am here only to vomit out my feelings

recommend Pesona and Pesona wc 

smallest market cap among construction shares

charts look good

order book > $ 2 billion, 5 times cover for revenue, 4 times cover for market cap

construction play , also industrial building systems subsidiary

private placements to acquire UNIMAP hostel.....good business sense.

 

SKIP to the next catalyst. On the other hand, there has been talk that Pesona could emerge as one of the concessionaire partners for the proposed SKIP expressway. At a cost of RM2.1bn, Pesona’s stake would provide RM630m worth of work to undertake, boosting its order book by 29%. Upon completing the highway, this would provide another avenue of recurring income to Pesona via tolling.

 

I have seen so many construction shares go multiple baggers....this one too got good chance.

 

 

 

Don't forget its warrants......conversion 2020 at 25 sen.

 

 

 

refer also......HLI report

 

<http://cdn1.i3investor.com/my/files/dfgs88n/2017/04/03/1505897313-101893789.pdf>

Discussions
1 person likes this. Showing 17 of 17 comments

VenFx

Definitely good picks , thx for the contracted sharing.

2017-04-03 15:11

stockmanmy

yeah good one....

D & O my wife still got

2017-04-03 15:13

VenFx

Funds really hungry for Malaysia - Tech sector now.

2017-04-03 15:15

stockmanmy

1993 bull....any dog shit will do as long as got skin in the game.

2017-04-03 15:19

VenFx

So, shall we do a little more on this easy pathway.
Focus on the richest goldmine only ...

2017-04-03 15:30

stockmanmy

hoping this Pesona baby is the next goldmine.

2017-04-03 15:45

VenFx

Best of luck ...

2017-04-03 15:46

IamGoogle

Stockmanmy, still holding Jaks? Seem you sailang at Jaks when price was below 1.05, what a return.

2017-04-03 16:28

stockmanmy

Jaks is core holding....to sell in 2020.

2017-04-03 16:29

Shellhouse

I had a bit of WC.

Like your Jaks, this is a long term thing

2017-04-03 16:36

stockmanmy

I think this can be a core holding for somebody....

lowest market cap and good business sense company.

2017-04-03 16:38

Shellhouse

a very conservative margin 5% is an impressive 100mil

Orderbook is great, but only time will tell if the margins are well managed.

2017-04-03 16:39

stockmanmy

They go from strength to strength.

One good contract leads to another bigger contract.

SKIP will help them skip to the future.

2017-04-03 23:07

stockmanmy

check purchase of shares by directors in last week of March.


all boxes check.....still not interested?

no guts?

2017-04-04 08:42

stockmanmy

gentle reminder.....stock market rewards you for taking risk.

2017-04-04 08:51

stockmanmy

more to come

much much more to come

wonder why i3 no link this to Pesona forum.

2017-04-04 11:47

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