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9 hours ago | Report Abuse
Accumulate in stages, balik 35sen, huat nanti
2 days ago | Report Abuse
On Wednesday, softer than forecast core inflation data had pushed down the U.S. 10-year yield and supported stocks. Adding more encouragement to stocks this week were comments from Fed Governor Christopher Waller on Thursday signaling that three or four rate cuts are still possible in 2025 if data is weaker.
3 days ago | Report Abuse
We are delighted to announce that Serunai Commerce Sdn Bhd, a member of the Zaiyadal Group (which is a major shareholder of PICORP), has recently launched an innovative "Scan Halal Logo" feature in its Verify Halal app, powered by advanced artificial intelligence (AI) technology.
Read more about this news, as featured in NST.
3 days ago | Report Abuse
PICORP Eyes Fresh Opportunities in Key Growth Areas.
SHAH ALAM: Progressive Impact Corporation Bhd (PICORP) is setting its sights on fresh opportunities in digital halal solutions and promising prospects in its environmental solutions for the Indonesian market.
The company announced two significant signings in September, reflecting its commitment to expanding its presence in key growth areas.
3 days ago | Report Abuse
We are pleased to share an exciting feature in the New Straits Times: PICORP Strengthens Zaiyadal Group's Halal Value Chain in Support of Malaysia's Halal Initiative.
SHAH ALAM: Progressive Impact Corporation Bhd (PICORP) is driving a transformative initiative to strengthen Zaiyadal Group as a trusted halal partner by integrating its services, solutions, and operational facility, simultaneously supporting Malaysia's halal initiative to maintain its momentum as a global halal hub.
Recognising its diverse business operations, including halal digital solutions, lab testing services, and a halal warehouse and food processing centre, PICORP is working to create a seamless halal value chain through this strategic synergy.
read more on:
Website: https://www.picorp.com.my/events#media
NST: https://www.nst.com.my/business/corporate/2024/12/1145671/picorp-strengthens-zaiyadal-groups-halal-value-chain-effort
#PICORP
#progressiveimpactcorporationberhad
#picorpmy
#halal
#halallab
#halaldigitalsolutions
#halalwarehouse
3 days ago | Report Abuse
We are pleased to share an exciting feature in the New Straits Times: PICORP's Environmental Segment Unit Bags RM19mil Contracts
SHAH ALAM: Progressive Impact Corporation Bhd's (PICORP) subsidiary Alam Sekitar Malaysia Sdn Bhd (ASMA) has bagged contracts with a combined value of RM19 million for its environmental monitoring segment.
ASMA, a specialist in environmental consultancy, monitoring services, and wastewater management, was awarded the first contract valued at RM14.7 million, along with an additional addendum contract worth RM300,000, bringing the total contract value to RM15 million.
read more on:
NST: https://www.nst.com.my/business/corporate/2024/12/1148861/picorps-environmental-segment-unit-bags-rm19mil-contracts
Media Centre: https://www.picorp.com.my/events#media
3 days ago | Report Abuse
We're thrilled to be featured in the New Straits Times under the Business Times section!
SHAH ALAM: PICORP's Saudi unit, ASMA Environmental Solutions LLC (SAES) Saudi Asma Environmental Solution, has won a RM8.14 Mil contract for the operation and maintenance of public health pest laboratory services in Makkah, Saudi Arabia. This contract, awarded by the Makkah Municipality (MM), is part of their Public Health Enhancement Programme. SAES has been collaborating with MM since 2009. Check out the full coverage in NST!
3 days ago | Report Abuse
As we welcome 2025, PICORP reaffirms its commitment to excellence by embracing continuous improvement, systems thinking, and a transformative mindset. We envision our organisation as a thriving ecosystem, where collaboration and shared purpose drive sustainable growth and meaningful progress.
Guided by resilience, adaptability, and a forward-looking vision, we step into the year ahead with optimism and determination, ready to overcome challenges and seize opportunities that strengthen our foundation for the future.
On behalf of PICORP, we wish you a Happy New Year filled with inspiration, growth, and success. Together, let us make 2025 a year of learning, innovation, and transformation.
Visit our website to learn more about our journey: www.picorp.com.my
#picorpmy
#picorpgroupofcompanies
#sustainablegrowth
#lastingimpact
#zaiyadalgroupofcompanies
4 days ago | Report Abuse
Let Dr Lukman & Zaid to buy more shares between 7sen & 9.5sen before it flies back to 10sen++, hopefully one day mencecah 35sen lagi hehe... Biz is recovering & rebounding
Name Details of Changes
Date Type No. of Shares Price
DATO DR LUKMAN BIN IBRAHIM 14-Jun-2024 Acquired 600,000 0.075
DATO DR LUKMAN BIN IBRAHIM 01-Jul-2022 Acquired 526,300 0.095
ENCIK ZAID BIN ABDULLAH 17-Sep-2024 Acquired 5,757,000 0.070
4 days ago | Report Abuse
PE@30/9/24 ~ 7.3X based on 5sen... Zaid can sell his stake to the arab conglomerate or even local groups at PE 15 ~10sen+ still much cheaper than many new IPOs recently... 5sen is greatly undervalued currently
4 days ago | Report Abuse
net assets per share jugak masih cantik 7sen. many IPOs punya assets per share below IPO price😁
4 days ago | Report Abuse
Shares issued: 658mil only
Market cap: RM32.9 @ 5sen per share ............ going to fly... recovering rapidly
4 days ago | Report Abuse
Stock ExchangeBMListed OnMain MarketSectorIndustrial Products & ServicesSub-SectorIndustrial ServicesCurrencyMYRShares Per Lot100Share Issued658.000mPar Value-Paid Up Cap0.000Market Cap32.900mEntitlement-SyariahYes
4 days ago | Report Abuse
more happenings, going to boom soon.
7201 PICORP PROGRESSIVE IMPACT CORPORATION
OTHERS
OTHERS
PROGRESSIVE IMPACT CORPORATION BERHAD ("PICORP" OR "THE COMPANY") - ACCEPTANCE
OF PROJECT CONTRACT FROM MAKKAH MUNICIPALITY FOR THE PROVISION OF OPERATION AND
MAINTENANCE OF PUBLIC HEALTH PESTS LABORATORY SERVICES IN MAKKAH BY SAUDI ASMA
ENVIRONMENTAL SOLUTIONS LLC., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
05/12/2024 07:00 AM
Ref Code: 202412053000100
#more to come
Tuesday, 26 Nov 2024
5:14PM
PICORP MEMORANDUM OF UNDERSTANDING
5:13PM
PICORP MEMORANDUM OF UNDERSTANDING
5:12PM
PICORP MEMORANDUM OF UNDERSTANDING
4 days ago | Report Abuse
Monday, 25 Nov 2024
5:15PM
PICORP Nine-month net profit 4.061 million (increased 239.55%)
4 days ago | Report Abuse
nst.com.my
PICORP's environmental segment rebounds, gears up for sustained growth | New Straits Times
1 Oct 2024
Picorp eyes fresh opportunities in digital halal, Indonesia s environmental solutions | New Straits Times
nst.com.my
Picorp eyes fresh opportunities in digital halal, Indonesia's environmental solutions | New Straits Times
11 Nov 2024
PICORP s environmental segment unit bags RM19mil contracts | New Straits Times
nst.com.my
PICORP's environmental segment unit bags RM19mil contracts | New Straits Times
15 Dec 2024
4 days ago | Report Abuse
$$$$$$$$$$$ it also shows an ability to rebound from declines. If the company can stabilize and continue to show positive growth indicators, a very positive uptrend is likely, with the potential for the price to surpass previous highs. Investors should keep an eye on upcoming earnings reports and broader market conditions for any signals that could trigger such an uptrend.
4 days ago | Report Abuse
Better late than never. A better choice than new IPOs. :)
Recovery from Low Points: If the company continues to execute on its strategies and the market sentiment improves, there’s a potential for a steady upward trend. The stock has already experienced large fluctuations in the past year, so it is not surprising to expect some consolidation before further upward movement.
Momentum: The volatility seen in the stock may indicate that, with positive external market factors or strong business performance, the price could rise significantly again.
Target Price: Given the historic highs (0.350) and subsequent recovery patterns, a return to previous highs or even surpassing them is plausible in the medium-to-long term, provided the company strengthens its fundamentals.
Conclusion:
The data indicates that the stock has faced some significant volatility, but it also shows an ability to rebound from declines. If the company can stabilize and continue to show positive growth indicators, a very positive uptrend is likely, with the potential for the price to surpass previous highs. Investors should keep an eye on upcoming earnings reports and broader market conditions for any signals that could trigger such an uptrend.
4 days ago | Report Abuse
Average price ~ 8.7sen (Feb 2023 till now) highest price @35sen ... grab and keep some :)
Progressive Impact Corporation Bhd Stock Price History
Time Frame
Monthly
Download
01/16/2023 - 01/16/2025
Date
Price
Open
High
Low
Vol.
Change %
Jan 01, 2025 0.050 0.050 0.060 0.050 6.56M -9.09%
Dec 01, 2024 0.055 0.060 0.065 0.050 8.48M 0.00%
Nov 01, 2024 0.055 0.060 0.065 0.055 7.66M -8.33%
Oct 01, 2024 0.060 0.070 0.070 0.055 3.53M -7.69%
Sep 01, 2024 0.065 0.065 0.065 0.055 1.89M 0.00%
Aug 01, 2024 0.065 0.070 0.070 0.060 5.72M -7.14%
Jul 01, 2024 0.070 0.075 0.080 0.070 7.74M -12.50%
Jun 01, 2024 0.080 0.075 0.085 0.065 28.46M +6.67%
May 01, 2024 0.075 0.075 0.080 0.075 12.82M 0.00%
Apr 01, 2024 0.075 0.080 0.085 0.070 24.09M -11.76%
Mar 01, 2024 0.085 0.085 0.095 0.070 30.14M +6.25%
Feb 01, 2024 0.080 0.080 0.090 0.075 15.76M -5.88%
Jan 01, 2024 0.085 0.095 0.100 0.075 30.71M -10.53%
Dec 01, 2023 0.095 0.085 0.105 0.080 37.41M +11.76%
Nov 01, 2023 0.085 0.095 0.105 0.085 34.12M -10.53%
Oct 01, 2023 0.095 0.075 0.110 0.070 112.65M +26.67%
Sep 01, 2023 0.075 0.070 0.085 0.070 17.55M +7.14%
Aug 01, 2023 0.070 0.075 0.085 0.070 27.00M -6.67%
Jul 01, 2023 0.075 0.075 0.085 0.060 41.77M +7.14%
Jun 01, 2023 0.070 0.085 0.090 0.070 60.43M -17.65%
May 01, 2023 0.085 0.100 0.110 0.085 86.04M -15.00%
Apr 01, 2023 0.100 0.095 0.110 0.090 91.56M +5.26%
Mar 01, 2023 0.095 0.335 0.340 0.090 439.19M -71.64%
Feb 01, 2023 0.335 0.280 0.350 0.270 349.99M +19.64%
Highest:
0.350
Change %:
-82.143
4 days ago | Report Abuse
anything they know that we dont know :)
Name Details of Changes
Date Type No. of Shares Price
DATO DR LUKMAN BIN IBRAHIM 14-Jun-2024 Acquired 600,000 0.075
DATO DR LUKMAN BIN IBRAHIM 01-Jul-2022 Acquired 526,300 0.095
ENCIK ZAID BIN ABDULLAH 17-Sep-2024 Acquired 5,757,000 0.070
4 days ago | Report Abuse
Direct Deal:
History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
17/09/2024 00:00:00 0.0700 0.0100 5.757m 5.757m 402,990 402,990 0.0700 0.8749 -
28/08/2024 00:00:00 0.0700 0.0050 13.857m 27.714m 970,000 1.940m 0.0700 2.1059 -
28/08/2024 00:00:00 0.0700 0.0050 13.857m 27.714m 970,000 1.940m 0.0700 2.1059 -
01/06/2021 00:00:00 0.2150 0.0250 500,000 500,000 107,500 107,500 0.2150 0.0760 -
4 days ago | Report Abuse
A bright future for picorp. ESG is the future.
(Nurlin Mohd Salleh & Marko Lackovic, 2023)
𝐌𝐚𝐥𝐚𝐲𝐬𝐢𝐚'𝐬 𝐧𝐨𝐭 𝐣𝐮𝐬𝐭 𝐠𝐨𝐢𝐧𝐠 𝐠𝐫𝐞𝐞𝐧, 𝐰𝐞'𝐫𝐞 𝐫𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐢𝐳𝐢𝐧𝐠 𝐨𝐮𝐫 𝐟𝐮𝐭𝐮𝐫𝐞!
From a low-carbon leap to economic brilliance, it's time for a high-value green economy! Energy demand's soaring, but we've got a plan. Let's transition our cities, amp up awareness, and bring sustainable vibes to homes and businesses.
Our National Energy Transition Roadmap (NETR) is the key, tackling challenges and embracing efficiency. But wait, there's more! We're turning to solar – Malaysia's bright solution! With perfect conditions, a booming PV industry, and world-class tech, we're leading the way.
It's not just about solar panels; it's a holistic strategy. 70% renewable energy by 2050? Absolutely! But, to make it happen, we're counting on YOU! Join the green revolution, power up with solar, and let's create a sustainable, prosperous Malaysia!
Behind the scenes, regulatory frameworks are paving the way. Shoutout to Malaysia for leading Southeast Asia in the 2023 Energy Transition Index! The government's in action, tailoring policies for solar success. Third-party access, green PPAs – we're making it happen!
Explore alternatives, because a diversified energy strategy is the key! Natural gas is a star, but let's spice things up with nuclear, renewables, and Bio-CNG. Let's navigate uncertainties, reduce risks, and build a robust, sustainable energy sector.
It's a call to action! Let's craft policies, embrace renewables, and lead the way to a resilient, prosperous Malaysia. Join us, make your mark, and let's achieve net-zero together!
Interested in contributing to Malaysia's sustainable energy future? Consider installing solar panels with us for a step towards cleaner, more accessible energy and a greener world.
4 days ago | Report Abuse
Progressive Impact Corporation Berhad (PICORP) has recently secured several significant contracts, indicating a positive trajectory for the company. Notable developments include:
• Air Selangor Contract: In November 2024, PICORP secured a RM14.74 million contract from Air Selangor. This 36-month project involves providing environmental solutions, underscoring PICORP’s expertise in the sector. 
• Saudi Arabia Laboratory Services: In December 2024, PICORP’s subsidiary, Saudi ASMA Environmental Solutions LLC, accepted a project contract from Makkah Municipality. The contract entails the provision of operation and maintenance of public health pests laboratory services in Makkah, further expanding PICORP’s international presence. 
• Financial Performance: For the third quarter ending September 30, 2024, PICORP reported a revenue of RM23.55 million, consistent with RM23.44 million in the corresponding quarter of the previous year. The company achieved a net profit of RM4.33 million for the period. 
These developments reflect PICORP’s ongoing efforts to expand its services both domestically and internationally, contributing to its financial stability and growth.
5 days ago | Report Abuse
PICORP (Progressive Impact Corporation Berhad) operates through a group of subsidiaries and associated companies, many of which are well-positioned to support and benefit from its halal initiatives, including the halal app. Below is a breakdown of PICORP's key companies and how they might contribute to the halal business ecosystem:
---
1. Alam Sekitar Malaysia Sdn Bhd (ASMA)
Core Focus: Environmental monitoring and solutions.
Contribution to Halal Initiatives:
ASMA's expertise in compliance and monitoring can extend to ensuring halal compliance in manufacturing processes, particularly in environmental aspects like waste management, hygiene, and water quality.
Collaboration in auditing and certifying halal production facilities for environmental sustainability.
---
2. Labuan Halal Hub Sdn Bhd
Core Focus: Development and promotion of halal-certified products and services.
Contribution to Halal Initiatives:
This company can directly integrate halal certification into the app, acting as a source of verified halal data.
Its involvement in halal food, pharmaceuticals, and cosmetics can provide content and partners for the app’s database.
Promotes and manages halal business networks, which could tie into app partnerships or listings.
---
3. Progressive Impact Technology Sdn Bhd (PITECH)
Core Focus: IT and software solutions.
Contribution to Halal Initiatives:
PITECH can be the driving force behind the app’s development, ensuring advanced features like QR code scanning for halal verification, geolocation for nearby halal-certified vendors, and secure user interfaces.
Ensures the app remains updated, user-friendly, and scalable.
---
4. Saudi Environmental Works Limited Company (SEW)
Core Focus: Environmental and industrial services in Saudi Arabia.
Contribution to Halal Initiatives:
Operates in a market with significant demand for halal services and products.
Can leverage its presence in the Middle East to expand the app’s reach to Gulf countries, a key halal market.
---
5. ALS Technichem (M) Sdn Bhd
Core Focus: Laboratory testing and analysis.
Contribution to Halal Initiatives:
Provides laboratory testing for halal compliance, such as ensuring products are free from haram substances (e.g., alcohol or pork derivatives).
Results from these tests can be integrated into the app, giving consumers direct access to verified product information.
---
6. Environment Technology Services Sdn Bhd (ETS)
Core Focus: Environmental consultancy and services.
Contribution to Halal Initiatives:
Offers expertise in managing the environmental sustainability of halal-certified operations, ensuring compliance with global ESG standards.
Could assist in halal audits focusing on sustainability.
---
7. Malaysia Environmental Laboratories Sdn Bhd (MELC)
Core Focus: Environmental testing and consulting.
Contribution to Halal Initiatives:
Provides analytical testing that can include halal compliance testing.
Supports verification processes for halal-certified goods in terms of cleanliness and environmental factors.
---
8. Subsidiaries and Strategic Partners in ASEAN and GCC Regions
PICORP’s subsidiaries and partnerships across ASEAN and the Gulf Cooperation Council (GCC) regions can help expand the halal app's database by integrating halal certifications and vendor listings from these markets.
---
Strategic Synergy
By leveraging its subsidiaries, PICORP ensures that its halal app is more than just a directory. It can integrate verification, auditing, and monitoring capabilities into the platform, making it a one-stop solution for halal consumers. Its broad expertise across environmental, laboratory, IT, and compliance services strengthens its value proposition in the halal market.
5 days ago | Report Abuse
PICORP's Halal app has the potential to boom due to several key factors that align with market trends and the needs of its target audience. Here's why:
1. Growing Global Halal Market
The global halal market is projected to grow rapidly, driven by increasing Muslim populations and rising awareness about halal standards. A dedicated app catering to this market provides convenience and accessibility, addressing the needs of a growing audience.
2. Trust and Transparency in Halal Certification
Consumers are increasingly concerned about the authenticity of halal certifications. An app that verifies halal compliance provides a reliable solution, building trust and attracting users who seek genuine halal products and services.
3. Convenience for Muslim Consumers
A halal app can centralize information on certified products, restaurants, and services, making it easier for Muslims to make informed purchasing decisions. This convenience is a significant value proposition for busy consumers.
4. Support from Regulatory Bodies
If the app is endorsed or recognized by halal certification authorities, such as JAKIM in Malaysia, it can gain credibility and attract a large user base. Collaboration with such organizations can also ensure the app remains updated with the latest halal standards.
5. Integration with E-commerce
Integrating halal-certified products into e-commerce platforms or enabling in-app purchases can attract a wider audience and increase revenue streams. Muslim consumers are increasingly shopping online, and a halal-focused platform can cater to this demand.
6. Advancing Digitalization in the Halal Industry
The halal industry is embracing digital transformation. PICORP's app aligns with this trend, offering innovative solutions like QR code scanning for halal verification, geolocation services, and personalized recommendations.
7. Untapped Potential in Non-Muslim Markets
Non-Muslim consumers are also showing interest in halal products due to their association with quality, hygiene, and ethical practices. The app could appeal to a broader demographic, expanding its user base.
8. Government and Institutional Support
Governments in Muslim-majority countries often promote halal initiatives. PICORP’s halal app could benefit from grants, incentives, or partnerships, boosting its growth and visibility.
9. Rising Awareness of Ethical and Healthy Eating
Halal standards emphasize cleanliness, ethical sourcing, and quality, which resonate with health-conscious and ethically driven consumers. The app can position itself as a tool for promoting ethical consumption.
10. Customizable Features
The app can offer value-added services like halal travel guides, dietary advice, and community forums. These features can create a holistic experience, increasing user engagement and retention.
With these factors in mind, PICORP’s halal app is well-positioned to succeed, especially if it leverages its expertise in environmental and halal-related services to deliver a trustworthy, user-friendly, and comprehensive platform.
5 days ago | Report Abuse
ESG (Environmental, Social, and Governance) principles can help companies like Progressive Impact Corporation Berhad (PICORP) in several ways, particularly because PICORP operates in environmental and laboratory testing services, which align naturally with ESG values. Here's how ESG helps PICORP:
1. Market Relevance and Competitive Edge
PICORP focuses on environmental services, which are directly tied to sustainability and environmental stewardship, a core aspect of ESG. By aligning with ESG principles, PICORP can position itself as a leader in sustainability, attracting clients who prioritize eco-friendly solutions.
2. Attracting ESG-Focused Investors
ESG has become a significant consideration for institutional investors and funds. By aligning operations and disclosures with ESG standards, PICORP can appeal to a broader pool of ESG-conscious investors, potentially increasing its market valuation.
3. Regulatory Compliance
As governments and organizations worldwide adopt stricter environmental regulations, PICORP’s adherence to ESG principles ensures compliance. This reduces legal risks and penalties while positioning the company as a trusted partner for regulatory bodies.
4. Operational Efficiency
ESG initiatives often lead to enhanced operational efficiencies. For example, PICORP’s environmental monitoring and pollution control services might help clients meet their sustainability goals, driving demand for its services.
5. Brand and Reputation Enhancement
A strong commitment to ESG enhances PICORP's reputation among stakeholders, including customers, partners, and communities. This helps build trust and loyalty, essential for long-term growth.
6. Access to Sustainable Financing
Many financial institutions now offer favorable financing options, such as green bonds or sustainability-linked loans, to companies with strong ESG practices. PICORP could leverage this to fund expansions or new projects.
7. Risk Management
ESG frameworks help identify and mitigate risks related to climate change, regulatory shifts, and social responsibility. PICORP can use ESG strategies to adapt to changing market demands and reduce operational vulnerabilities.
8. Global Trends in Sustainability
With global emphasis on sustainability, PICORP’s alignment with ESG allows it to tap into international markets and partnerships, expanding its footprint and revenue base.
PICORP’s business model is inherently ESG-aligned, giving it an advantage in the growing sustainability-focused economy. By strengthening its ESG initiatives, the company can enhance its market position and ensure long-term resilience.
5 days ago | Report Abuse
PICORP shares may be considered undervalued for the following reasons:
1. Low Market Valuation Relative to Growth Potential
PICORP operates in the environmental services sector, which is growing due to increased government focus on sustainability and environmental regulations.
Despite securing significant contracts and expanding its business via strategic acquisitions, its market capitalization may not yet reflect its future earnings potential.
2. Steady Revenue Streams from Long-Term Contracts
Contracts like the RM14.74 million deal with Air Selangor and the acquisition of Mérieux NutriSciences Malaysia add stable revenue streams. Investors may undervalue the long-term impact of such agreements.
3. Strategic Niche in Environmental Monitoring and Corrosion Management
PICORP specializes in environmental monitoring, water quality analysis, and corrosion management—services that are increasingly in demand. Its niche positioning and technology give it a competitive advantage, yet the market may have overlooked its value.
4. Financial Ratios Indicating Undervaluation
Price-to-Earnings (P/E) Ratio: A low P/E ratio compared to industry peers could indicate the stock is undervalued.
Price-to-Book (P/B) Ratio: If PICORP’s assets and equity strength are high, but its P/B ratio is low, it may suggest the shares are trading below their intrinsic value.
5. Dividend Potential
PICORP's steady contracts and revenue could allow the company to maintain or increase dividends, making the stock attractive yet underappreciated by income-focused investors.
6. Limited Market Attention
As a smaller-cap stock, PICORP may not receive as much analyst coverage or investor attention, leading to its undervaluation compared to larger, more well-known companies.
Given these factors, PICORP might represent a strong opportunity for investors seeking undervalued stocks with growth potential. Further financial analysis, including recent earnings reports, debt levels, and market trends, can provide a clearer picture.
5 days ago | Report Abuse
Progressive Impact Corporation Berhad (PICORP) is poised for growth due to several strategic developments:
1. Securing Significant Contracts: In November 2024, PICORP's subsidiary, Alam Sekitar Malaysia Sdn Bhd (ASMA), secured a RM14.74 million contract from Pengurusan Air Selangor Sdn Bhd (Air Selangor). This 36-month contract involves providing preventive and corrective maintenance services for 190 hybrid distribution water quality real-time analyzer (HYDRA) stations in Selangor, indicating PICORP's strong presence in environmental monitoring services.
2. Strategic Acquisitions: In September 2024, PICORP, through its 59%-owned subsidiary ALS Technichem (Malaysia) Sdn Bhd (ALSM), acquired Mérieux NutriSciences Malaysia Sdn Bhd (MNSB) for RM7.95 million. MNSB specializes in chemical, microbiological, and environmental analytical testing and consultancy services for the food industry. This acquisition is expected to enhance PICORP's service offerings and contribute positively to future earnings.
3. Expertise in Corrosion Management: PICORP's subsidiary, Progressive Impact Corrosion Sdn Bhd (PICORR), offers comprehensive corrosion management solutions, including the Intelligent Corrosion Monitoring System (IntellCorr). With over a decade of experience and a market share exceeding 40% in the corrosion monitoring business, PICORR serves industries such as oil and gas, petrochemicals, and more, supporting the global transition to a carbon-free environment.
These strategic initiatives and PICORP's commitment to providing innovative environmental solutions position the company for continued prosperity in Malaysia's environmental services sector.
5 days ago | Report Abuse
Pos Malaysia may also hold significant potential for a rebound, particularly if it has undervalued assets such as landbank that have not been revalued. Here's how this could play out for Pos Malaysia:
---
1. Hidden Value in Landbank Assets
Strategic Locations: Pos Malaysia likely owns prime properties, including post office locations in urban areas, logistics hubs, and warehouses. Many of these could have appreciated significantly over time.
Market Recognition: Revaluing these properties to reflect current market prices could increase the company’s net asset value (NAV), making it more attractive to investors.
---
2. Monetization of Assets
Asset Sales: Pos Malaysia could sell non-core or underutilized properties to generate cash flow for modernizing its logistics infrastructure or investing in growth areas like e-commerce.
Joint Developments: Collaborating with property developers to repurpose key sites could unlock additional value.
---
3. Operational Improvements with Asset Leverage
Debt Reduction: Proceeds from monetized assets could be used to reduce debt, improving financial stability.
Logistics Expansion: Strategic use of valuable properties could strengthen Pos Malaysia’s position in the growing e-commerce logistics market.
---
4. Growth Opportunities in Logistics
E-Commerce Boom: Pos Malaysia is well-positioned to benefit from the continued growth of online shopping, particularly if it upgrades its infrastructure using funds from landbank monetization.
Digital Transformation: Investing in digital solutions can improve efficiency and attract more customers.
---
5. Positive Impact on Share Price
Improved Financial Metrics: Higher NAV from revalued assets can enhance metrics like price-to-book ratio, making Pos Malaysia more appealing to value-focused investors.
Investor Confidence: Demonstrating a clear plan to unlock landbank value could drive market confidence and positively influence the stock price.
---
Challenges
Execution Risk: Revaluing and monetizing landbank requires careful planning and execution to avoid market missteps.
Regulatory Hurdles: Certain properties may be restricted in their use, limiting monetization options.
Competition: The logistics sector is highly competitive, and Pos Malaysia must ensure its operational efficiency aligns with market demands.
---
Potential Catalyst
If Pos Malaysia leverages its landbank effectively, it could significantly boost its financial standing and market appeal. Strategic moves, such as an IPO spin-off of non-core segments (e.g., Pos Shop & Café) or partnerships, could serve as additional catalysts for a rebound.
5 days ago | Report Abuse
If Country Heights Holdings Berhad (CHHB) has significant landbank assets that have not been revalued, it could present a hidden value that the market has not yet fully recognized. Here’s how this factor could contribute to the company's potential rebound:
---
1. Unlocking Hidden Value
Undervalued Assets: If the landbank is carried at historical cost on the balance sheet, the actual market value could be significantly higher due to appreciation over time.
Catalyst for Revaluation: Revaluing the landbank to reflect current market prices could boost CHHB’s net asset value (NAV) and attract investor interest.
---
2. Strategic Development Potential
Prime Locations: If the landbank includes properties in high-demand areas, CHHB could capitalize by developing them or selling them at a premium.
Joint Ventures: Partnering with other developers to unlock the value of these lands could create steady revenue streams.
---
3. Leverage for Fundraising
Collateral for Financing: Higher land values can enhance borrowing capacity, allowing CHHB to finance new projects or restructure existing debts.
Asset Monetization: Selling non-core landbank assets could generate cash flow for growth or debt reduction.
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4. Enhanced Market Perception
Improved Valuation Metrics: Revaluation can improve key financial metrics like price-to-book ratio, attracting long-term investors.
Increased Transparency: Providing updated land values can bolster investor confidence in the company’s management and strategy.
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Challenges
Regulatory and Accounting Standards: The revaluation process must comply with accounting and regulatory requirements, which can be complex and time-consuming.
Market Timing: Selling or developing the landbank should align with favorable market conditions to maximize returns.
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Potential Impact on Stock Price
A revaluation or monetization of CHHB’s landbank could significantly enhance shareholder value, making it a strong rebound candidate. However, the market must be made aware of these hidden assets through clear communication and strategic initiatives.
5 days ago | Report Abuse
Country Heights Holdings Berhad (CHHB) has the potential for a rebound, depending on several factors, including its strategic direction, financial health, and market conditions. Here are some reasons why it could rebound:
1. Diversified Business Portfolio
CHHB is involved in multiple sectors, including property, hospitality, wellness, and digital finance, which provides resilience against sector-specific downturns.
2. Strategic Assets
Iconic properties like Mines Wellness City and the Palace of the Golden Horses are strong assets with significant brand recognition. Efforts to maximize their value could drive growth.
3. Digital Finance Ventures
The establishment of Golden Horse Digital Investment Bank aligns with the growing interest in digital banking and blockchain, positioning CHHB for future growth in the fintech sector.
4. Potential Market Recovery
If Malaysia's property and tourism markets continue to recover post-pandemic, CHHB could benefit from increased demand for its properties and hospitality services.
5. Support from Government Initiatives
Government efforts to stimulate economic recovery and promote digital transformation might create opportunities for CHHB.
6. Management Initiatives
Leadership changes, restructuring, or cost optimization could improve the company’s financial performance and market confidence.
Key Considerations
Debt Levels: CHHB's financial health, particularly its ability to manage debt, will be crucial for a rebound.
Investor Sentiment: Positive news, strong earnings, or strategic partnerships can boost investor confidence.
Macroeconomic Factors: Interest rates, inflation, and global economic trends could influence its performance.
If CHHB executes its strategies effectively and capitalizes on growth sectors, it has the potential to rebound.
5 days ago | Report Abuse
Country Heights Holdings Berhad (CHHB) is a Malaysian conglomerate founded on May 10, 1984, by Tan Sri Lee Kim Yew. Initially focusing on property development, the company has diversified into various sectors, including hospitality, wellness, lifestyle, tourism, and investments.
CHHB is renowned for several notable projects:
Mines Wellness City: A transformation of the world's largest open-cast tin mine into a sprawling resort city, featuring the Mines Resort & Golf Club and the Palace of the Golden Horses hotel.
Borneo Highlands Resort: An eco-friendly resort in Sarawak, Malaysia, known for its natural beauty and the Hornbill Golf & Jungle Club, which won the CNBC Award for Best Golf Development Malaysia in 2008.
In addition to property development, CHHB has expanded into:
Healthcare & Wellness: Through the Golden Horses Health Sanctuary (GHHS) Healthcare, established in 2001, offering preventive health screening services within a resort setting.
Blockchain & Finance: In 2021, the company ventured into digital finance with the establishment of Golden Horse Digital Investment Bank Ltd (GHDIB), a fully licensed digital investment bank offering a range of financial services.
CHHB is listed on the Main Market of Bursa Malaysia under the stock code 5738.KL.
For more detailed information, you can visit their official website:
6 days ago | Report Abuse
keep some, dah profitable semula
5738 CHHB COUNTRY HEIGHTS HOLDINGS BHD
Consolidated results for the financial period ended 30/09/2024 (Amended)
Quarter: Others
Financial Year End: 30/06/2025
Report Status: Unaudited
Submitted By:
3 Months 3 Months 3 Months 3 Months
01/07/2024 to 30/09/2024 01/07/2023 to 30/09/2023 01/07/2024 to 30/09/2024 01/07/2023 to 30/09/2023
RM '000 RM '000 RM '000 RM '000
1 Revenue 19,094 14,576 43,286 37,721
2 Profit/Loss Before Tax 15,173 (4,633) 4,923 (13,531)
3 Profit/(loss) attributable to ordinary equity holders of the parent 14,947 (5,537) 5,605 (14,691)
4 Net Profit/Loss For The Period 14,666 (5,198) 3,887 (14,461)
5 Basic Earnings/Loss Per Shares (sen) 5.01 (1.85) 1.88 (4.90)
6 Dividend Per Share (sen) 0.00 0.00 0.00 0.00
As At End of Current Quarter As At Preceding Financial Year End
7 Net Assets Per Share (RM) 2.0800 2.0700
Remarks:
The Company has changed its financial year end from 31 December to 30 June
as announced on 22 November 2024. The next financial year end of the Company
will be 30 June 2025 covering a period of 18 months.This amended announcement
is made to refect the financial year end of the Company as 30 June 2025 instead
of 31 December 2024 as stated in the financial results announcement released on
28 November 2024.
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
03/12/2024 07:00 AM
Ref Code: 202412033100015
6 days ago | Report Abuse
Price Target
A price target is an analyst's projection of a share's future price.
Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.
Last Price
0.055
Avg Target Price
0.28
Upside/Downside
+0.225 (409.09%)
https://klse.i3investor.com/web/stock/analysis-price-target/7201
6 days ago | Report Abuse
ENCIK ZAID BIN ABDULLAH 17-Sep-2024 Acquired 5,757,000 0.070
6 days ago | Report Abuse
Name Details of Changes
Date Type No. of Shares Price
DATO DR LUKMAN BIN IBRAHIM 14-Jun-2024 Acquired 600,000 0.075
6 days ago | Report Abuse
back to 7sen anytime//// be patient
History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
17/09/2024 00:00:00 0.0700 0.0100 5.757m 5.757m 402,990 402,990 0.0700 0.8749 -
28/08/2024 00:00:00 0.0700 0.0050 13.857m 27.714m 970,000 1.940m 0.0700 2.1059 -
28/08/2024 00:00:00 0.0700 0.0050 13.857m 27.714m 970,000 1.940m 0.0700 2.1059 -
6 days ago | Report Abuse
ikan masin kembali hidup, mungkin? haha
https://says.com/my/lifestyle/pos-malaysia-more-than-a-post-office?utm_source=taboolapaid&utm_medium=sponsoredmc&tblci=GiAubgkUDclGgVyt1Eu90ppK196SQte2H-Z4DfkgsIPCZiDywz0o8pOA-Z-e2MN6MIuHPw#tblciGiAubgkUDclGgVyt1Eu90ppK196SQte2H-Z4DfkgsIPCZiDywz0o8pOA-Z-e2MN6MIuHPw
6 days ago | Report Abuse
Berjaya Land (B-Land) has potential to prosper due to several factors, depending on its strategic initiatives and market conditions. Berikut beberapa sebab utama mengapa syarikat ini boleh berkembang:
1. Diversifikasi Perniagaan
B-Land terlibat dalam pelbagai sektor seperti hartanah, hospitaliti, perjudian, dan perkhidmatan lain. Diversifikasi ini mengurangkan risiko kebergantungan kepada satu industri sahaja, membolehkan syarikat menyesuaikan diri dengan turun naik pasaran.
2. Pembangunan Hartanah Berkualiti Tinggi
Projek-projek hartanah premium yang strategik, seperti pembangunan bersepadu di lokasi utama, boleh menarik minat pelabur dan pembeli. Projek berskala besar di kawasan pesat membangun seperti Kuala Lumpur dan bandar utama lain adalah kunci kepada pertumbuhan mereka.
3. Perkembangan Industri Pelancongan
Sektor hospitaliti B-Land, termasuk hotel dan resort, mendapat manfaat daripada pemulihan industri pelancongan selepas pandemik. Malaysia dan negara-negara lain di mana mereka beroperasi sedang melihat peningkatan pelancong antarabangsa.
4. Perniagaan Kasino & Hiburan
Aktiviti perjudian, seperti kasino di Filipina (Berjaya Philippines), menyediakan aliran pendapatan yang stabil, terutamanya jika sektor ini terus berkembang di rantau Asia Tenggara.
5. Keuntungan daripada Hubungan Strategik
Hubungan baik dengan pihak berkepentingan seperti kerajaan, pelabur, dan rakan kongsi boleh membantu mereka mendapatkan projek besar dan kelebihan kompetitif.
6. Trend Positif dalam Saham
Sentimen pasaran saham yang positif terhadap B-Land boleh meningkatkan pelaburan dan nilai syarikat. Sebarang berita atau projek baharu yang besar dapat menarik lebih banyak pelabur.
7. Strategi Kelestarian dan ESG
Jika B-Land melabur dalam inisiatif hijau dan mampan, ia dapat menarik perhatian pelabur institusi yang memberi keutamaan kepada amalan alam sekitar, sosial, dan tadbir urus (ESG).
😍
6 days ago | Report Abuse
Bottom out at 34sen after VT announced a new partner for HSR hehe. Wait for sudden surge ya
1 week ago | Report Abuse
BATU PAHAT (Jan 13): The Johor government welcomes international health and medical industry players who wish to invest in the Johor-Singapore Special Economic Zone (JS-SEZ), thus making the sector a key contributor to the state’s economy.
State Health and Environment Committee chairman Ling Tian Soon said several parties have expressed interest in developing health facilities, including hospitals and pharmacies.
He added that foreign investors’ involvement in this industry would position Johor, particularly the JS-SEZ, as a focal point and hub for medical tourism.
“State Investment, Trade, Consumer Affairs and Human Resources Committee chairman Lee Ting Han and I had visited countries such as China, South Korea, Japan, the United Arab Emirates and Qatar, to promote investment opportunities.
“These investors are confident in the potential of JS-SEZ, and are keen to invest in the zone,” he told reporters after a Chinese New Year dinner at the Che Eng Khor Moral Uplifting Society here on Sunday (Jan 12) nnight, with Menteri Besar Datuk Onn Hafiz Ghazi also present.
Ling further said that the healthcare sector is a component of the JS-SEZ agreement, and the state government is determined to capitalise on this golden opportunity.
“Although foreign investors will establish private hospitals, the state and federal governments are also keen to build government-owned health facilities within the zone.
“Two new hospitals, namely Hospital Pasir Gudang and Hospital Sultanah Aminah 2, will be built in the near future, featuring the latest facilities to meet patient needs,” he said.
Meanwhile, in his speech, Onn Hafiz said that this year marks the beginning of a rapid development era for Johor, following the signing of the JS-SEZ agreement, with the influx of high-impact investments across various sectors.
On Jan 7, Prime Minister Datuk Seri Anwar Ibrahim and his Singaporean counterpart Lawrence Wong witnessed the signing of the JS-SEZ agreement, alongside six memoranda of understanding and a letter of intent.
Uploaded by Liza Shireen Koshy
1 week ago | Report Abuse
Picorp pernah ~28sen .. Golden time to accumulate...
1 week ago | Report Abuse
Zaid boleh jualkan semua kpd aramco saudi
1 week ago | Report Abuse
Break 35sen all the way up 40sen+++ sabar ya
1 week ago | Report Abuse
vt dah announce new partner is coming tak terbang tak boleh 😜
Stock: [PICORP]: PROGRESSIVE IMPACT CORPORATION
9 hours ago | Report Abuse
Usually 10sen & above s b4 covid pandemic... Rebounding as its biz is back to normal & growing new income stream