The Share price of Pasukgb (0177) had been lagging compare with a year ago at 13 sen.

With recent rotation play of penny stock in Mesdaq, even some company which is at PN17, Pasukgb is good to accumulate at the current price level(very cheap 3 sen only). Pasukgb  consider as one of the company with quite sound fundemental.

One year ago, the company is issueing the Islamic notes program (20 year RM200 million Medium Term Notes program. This notes is guaranteeing by DANAjamin Nasional Bhd. This show is highly link to the Bumiputra and government project.

The investment in Indonesia particular in Coal and powerplant performing well since year 2018.

Sources: the edgemarkets, nanyang siu Pau, Sinchew