Not even worried about the solar thing. Permaju fundamentally a good company. Solar was just a stun by vsolar desperate to survive

Not financial advice dont sue me bro

Keep putting buy walls at 8-7c we are not letting happyday123 enter

After that 40c let's goo

Haha.

Thanks. Wouldent a private placement be bad because it will dilute everyone ?

PP at what price ?

I think will be above 30c, this is undervalued

Why pariah?

Tomorrow will 9c see u next life time

Not closing till 4x

Ok @happgday123 good luck. I entered more at 8c

What is PP

@happyday123 what positions are u in right now

Even solar news also can't push the price up. We just need time only. Relax

Unrealised news

Haha. That is why the market potential to upside is higher chance. Not much shortsell opportunity

Happy woman's Day to the people queuing to buy below 0.15

I am accumulating more. Keep trading sideways please

Ok thanks for the transparency

Soon only thing u can slap is my juicy gains on my portfolio

Why all so quiet ?

I feel sorry for those who invested more in vsolar

I pity those who simply invest without reading and panic sell. Tsk tsk tsk

@happyday123 if drop to 7c I will slap my self 3 times

this is the detailed information from Permaju annual report

Joint venture agreement between Genbayu Gemilang Sdn. Bhd. (a wholly owned subsidiary of the Company) and Vsolar Group Berhad
On 1 September 2020, a wholly owned subsidiary of the Company has entered into a joint venture agreement (“Agreement”) with Vsolar Group Berhad (“Vsolar”) to regulate their relationship inter se as shareholders of Cubetech Asia Sdn Bhd (“CASB”) in which, CASB intends to submit its tender to build and operate a Large Scale Solar 4 (LSS4) Proposed 50MW Plant in Seremban, Negeri Sembilan Darul Khusus (“The Project”). The Project consist of the following terms:
i) The estimated gross development value of The Project is amounting to RM217,000,000;
ii) Output capacity of the plant – 50 MWac;
iii) The projected Sunlight Irradiance (“SI”) per day - 3.6 hours per day
iv) Total Daily Energy Production (“DEP”) - 300, 000 KWh per day
v) The period of concession under power purchase agreement with Tenaga Nasional Berhad (“TNB”) commencing from Commercial Operation Date (“COD”) by 31 December 2023; and
vi) The grid connection is within 15km radius to the nearest 132kV TNB transmission facility from the proposed site in Mukim Setul, Seremban, Negeri Sembilan.
In consideration of a wholly owned subsidiary of the Company agreeing to lease the proposed site to CASB at no cost, Vsolar shall cause CASB to issue 2, 870, 000 ordinary shares in CASB representing seventy percent (70%) of the enlarged issued shares in CASB. Subject to the clause stated in the Agreement, the shareholding in CASB shall be maintained at all times at ratio of 70:30.
The Agreement is not expected to have any effect on the issued share capital and substantial shareholders’ shareholdings of the Company as it does not involve the issuance of any new ordinary shares in the Company and have no material impact on the Company’s earnings per share, net assets and gearing for the following financial year ending 30 June 2021.

permaju become solar stock? would be cool, quite diverse in profit-making sectors

Under the agreement, Genbayu Gemilang will lease the required land to Cubetech Asia at no cost to undertake the project. The former will hold a 70% stake in Cubetech Asia, while Vsolar will hold the remaining 30% equity interest.

Genbayu Gemilang 100% subsidiary of Permaju

I guess permaju will be the top beneficiary if the tender is won. U guys are right for the hype

Guys btw.
Under the agreement, Genbayu Gemilang will lease the required land to Cubetech Asia at no cost to undertake the project. The former will hold a 70% stake in Cubetech Asia, while Vsolar will hold the remaining 30% equity interest.

Genbayu Gemilang is 100% subsidiary of Permaju

Undervalued. That's all I can say.

@jazzkhor why? Based on what fundamentals that permaju will have the same market move ?

Queuing more at 0.075 to ensure others can't enter. F u all

Haha. We will see who will win. I buy more already at 0.08. it's either moon or I get rekt

@godofgambler lol. U been saying that since last week.

Too many bull case. I don't see any bear case. So for me, it's only up from here

Wait Permaju Gloves samore can fly.

We don't even need solar to fly. If u read properly their Sabah project. The profit in the hundreds of millions

4x within 1-2 years

Buying up the sells. We will keep those low ballers out of the stock. Ready for 4x fly

Market News
Additional Listing Announcement /Subdivision of Shares


Additional Listing Announcement /Subdivision of Shares
PERMAJU INDUSTRIES BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ? No
Types of corporate proposal Conversion of Preference Shares
Details of corporate proposal Conversion of Irredeemable Convertible Preference Shares to Ordinary Shares
No. of shares issued under this corporate proposal 885,600
Issue price per share ($$) Malaysian Ringgit (MYR) 0.2500
Par Value($$) (if applicable) Malaysian Ringgit (MYR) 0.000
Latest issued share capital after the above corporate proposal in the following
Units 639,937,822
Issued Share Capital ($$) Malaysian Ringgit (MYR) 326,379,503.370
Listing Date 08 Mar 2021

Announcement Info
Company Name PERMAJU INDUSTRIES BERHAD
Stock Name PERMAJU
Date Announced 05 Mar 2021
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-17022021-00014

@TP thank you

@TP where u got the announcement date from? All I see is just delay dates since last year

The noise makers want the pric to drop. But we won't let it go under 7c. Good luck trying to enter.

If roket ship start to fly, all the noise makers will be forced to fomo in for the 4x ride

Why so much noise ? Just put your orders and don't make noise.

Speculative stock is like playing poker. The opponent would always play a deception. Many keep say price will drop, only because they are currently collecting. If so much noise here keep saying the price will drop, all just lining up to buy. If the stock will really go to shit, they wouldent even waste their time here.

Not even the same company lol. U guys really goreng nasi Kang Kang

4-6? Wait for 2c