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2023-09-19 16:48 | Report Abuse
Ah long pun mau acquire a stake as big as bank of Singapore kot? :)
2023-09-19 15:33 | Report Abuse
8sen -> 10sen & higher, expecting sudden jump anytime
2023-09-19 15:31 | Report Abuse
Stock up. Memecut dengan laju anytime :)
2023-09-19 12:13 | Report Abuse
The launch of “Mobilising Investments for Clean Energy in Malaysia: Community Report” is an important milestone not only for sovereign fund Khazanah Nasional Bhd’s framework for its own investment strategies, given its significance across the government-linked investment company (GLIC)/government-linked company (GLC) sphere, but also serves as a guide for others as well.
2023-09-19 11:54 | Report Abuse
The upside trend is unlimited, downtrend risk is low... add more... :)
2023-09-19 11:52 | Report Abuse
probably acquirer is instructed to sapu from the open market till certain % before MGO berlaku baru largest shareholders let go to the acquirer... just enjoy the show
2023-09-19 11:46 | Report Abuse
buy rate 96% now.... more to come... just bertenang je
2023-09-19 11:46 | Report Abuse
at RM50mil++ based on 8sen, picorp, a good target for M&As... if anak2 take pandai biz macam oversea enterprise bhd, better to let go.... especially ESG related services are very hot now
2023-09-19 11:43 | Report Abuse
Malacca Securities Research said in a note it expects traders to focus on the National Energy Transition Roadmap and New Industrial Master Plan blueprints, while it expects the construction sector to rebound amid the potential rally ahead of the budget next month.
2023-09-19 11:39 | Report Abuse
8-8.5sen, vol surged passed 2mil shares++
2023-09-19 11:38 | Report Abuse
picorp started flying... 8sen cleared, r u ready?????
2023-09-19 09:48 | Report Abuse
isu behavioral finance/gelagat kewangan, bertenang saja ya!
History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
01/06/2021 00:00:00 0.2150 0.0250 500,000 500,000 107,500 107,500 0.2150 0.0760 -
2023-09-19 09:47 | Report Abuse
tunggu ia balik level sebelum pandemik dulu... bergilir-gilir ....
Summary from 06/01/2009 to 01/06/2021
Highest Price 0.4600 First Occurred on 21/01/2009
Lowest Price 0.1300 First Occurred on 12/06/2013
Highest Volume 10.000m First Occurred on 15/01/2009
2023-09-19 08:47 | Report Abuse
More opportunities for picorp in Saudi as more ESG stuff emphasised, etc
https://www.arabnews.com/node/2375916/business-economy
2023-09-19 08:45 | Report Abuse
More ESG related projects to come
Beijing-linked Shanghai SUS Environment Co commits RM15 billion for a waste-to-energy partnership with Citaglobal.
2023-09-19 08:42 | Report Abuse
Uems from 20sen+ -> 80sen++ now.
Better go for picorp yg belum melantun lagi :)
2023-09-19 08:27 | Report Abuse
Feb 2023 this year touched 35sen, any good news would return to 35sen or even higher, precedence dah wujud tahun ni
2023-09-19 08:26 | Report Abuse
8%++ stake from bank of Singapore to be cashed out at high price plus 10% private placement to a Saudi Prince or a big tycoon from Indonesia, apa2 pun boleh jadi :)
2023-09-19 08:20 | Report Abuse
TOP 10 Investors (As of Latest Filing)
INVESTOR NAME % O/S POSITION (M Shares) POSITION CHG (M) VALUE(M USD) FILING DATE FILING SOURCE
Zaiyadal Keluarga Sdn. Bhd. 46.18 303.89 -6.05 6.55 22-Mar-2023 Other Substantial/Declarable
Bank of Singapore Limited 8.21 54.00 0.00 1.16 22-Mar-2023 Other Substantial/Declarable
Zaid bin Abdullah 6.82 44.88 -3.50 0.97 22-Mar-2023 Malaysia Insider
Kal-Yadaiin Sdn. Bhd. 4.38 28.81 0.00 0.62 22-Mar-2023 Other Substantial/Declarable
Zaidah binti Mohd Salleh 1.33 8.77 0.00 0.19 22-Mar-2023 Malaysia Insider
Ab Ghaus bin Ismail 0.92 6.08 0.00 0.13 22-Mar-2023 Other Substantial/Declarable
Abdul Aziz bin Nik Sulaiman 0.66 4.32 0.00 0.09 22-Mar-2023 Other Substantial/Declarable
Yue (Guan Sheng) 0.61 4.00 4.00 0.09 22-Mar-2023 Other Substantial/Declarable
IVT 0.54 3.56 3.56 0.08 22-Mar-2023 Other Substantial/Declarable
Lee (Hong Peng) 0.45 2.99 2.99
2023-09-19 08:18 | Report Abuse
The second largest shareholder, bank of Singapore didn't ask for a replacement with another Singaporean means something is boiling , etc. Just be patient
7201 PICORP PROGRESSIVE IMPACT CORPORATION
Change in Audit Committee
Date of Change: 30/05/2023
Type of Change: Retirement
Designation: Others
Directorate: Ind & N/Exec
Name: LEE WENG CHONG
Age: 65
Country:
Nationality: Singapore
Qualifications:
Working Experience and Occupation:
Directorship of public companies (if any):
Family relationship with any director and/or major shareholder of the listed issuer:
Details of any interest in the securities of the listed issuer or its subsidiaries:
Composition of Audit Committee After Change:
Dato' Hajjah Rosnani Binti Ibarahim - Chairperson (Independent
Non-Executive Director)Zaidah Binti Mohd Salleh - Member (Non-Independent
Non-Executive Director)Kamarul Baharin Bin Albakri - Member (Independent
Non-Executive Director)
Remarks:
Mr Lee Weng Chong's retirement took effect upon the conclusion of the 31st
Annual General Meeting held on 30 May 2023.
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
Submitted By:
30/05/2023 07:00 AM
Ref Code: 202305305000829
2023-09-19 08:15 | Report Abuse
Tunggu M&As by this new chairman since May 2023.
Save Print Back
7201 PICORP PROGRESSIVE IMPACT CORPORATION
Change in Boardroom
Date of Change: 30/05/2023
Type of Change: Appointment
Designation: Chairman
Directorate: Ind & N/Exec
Name: SYED HISHAM BIN SYED WAZIR
Age: 68
Country:
Nationality: Malaysia
Qualifications:
Working Experience and Occupation:
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
Directorship of public companies (if any):
1. MSM Malaysia Holdings Berhad2. Bermaz Auto Berhad
Family relationship with any director and/or major shareholder of the listed issuer:
Nil
Details of any interest in the securities of the listed issuer or its subsidiaries:
Nil
Remarks:
Datuk Syed Hisham bin Syed Wazir's appointment took effect upon the
conclusion of the 31st Annual General Meeting held on 30 May 2023.
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
Submitted By:
30/05/2023 07:00 AM
Ref Code: 202305303300817
2023-09-19 07:19 | Report Abuse
It will be picorp's turn anymore. Focus on ESG globally
KUALA LUMPUR: Foreign investors on Bursa Malaysia snapped three weeks of net selling to to become net purchasers of local equities to the tune of RM23.1mil.
MIDF Research said in its fund flow report offshore funds had started the week with net outflows, but changed gears to become net buyers of Malaysian equities from Wednesday to Friday.
2023-09-18 21:56 | Report Abuse
Keep some ESG related stocks macam picorp... macam property stocks, bila giliran tiba, terbang laju
https://www.nst.com.my/business/esg/2023/09/956544/malaysia-great-solar
2023-09-18 21:04 | Report Abuse
Related esg project, let wait4picorp2get one :)
KUALA LUMPUR (Sept 18): Citaglobal Bhd has entered into a memorandum of understanding (MOU) with China government-linked Shanghai SUS Environment Co Ltd (SUS), with a RM15 billion investment commitment from SUS for joint collaboration and development of waste-to-energy (WTE) projects in Malaysia.
This confirmed a report by The Edge weekly in its latest edition that Citaglobal was expected to sign a new MOU for WTE venture as its management strives to expand the group further.
The MOU’s purpose was to formalise the intention of both parties to explore potential collaboration and assess the feasibility of developing WTE power plants primarily in Malaysia, according to Citaglobal’s stock exchange disclosure on Monday.
Citaglobal said the plan is to divert all waste from unsustainable landfills to WTE plants and holistically resolve waste disposal problems in Malaysia.
The group said this collaboration, if it materialises, will be in line with boosting Malaysia’s renewable energy capacity target from 40% in 2035 to 70% by 2050, as announced in the National Energy Transition Roadmap in July 2023.
Following the execution of this MOU, which is effectively immediately, Citaglobal said it will assume a leading role in the project development of the proposed WTE projects in Malaysia, while SUS will be responsible for financing, building and operating these plants.
SUS is an urban solid waste treatment group incorporated in China, which tops the list of world’s largest environment polluters.
The signing ceremony was held during the 20th China-Asean Expo and China-Asean Business and Investment Summit in Nanning, China, witnessed by leaderships of both parties as well as several members of Malaysian Cabinet, including Prime Minister Datuk Seri Anwar Ibrahim, Minister of Investment, Trade and Industry Malaysia Tengku Datuk Seri Zafrul Abdul Aziz, Minister of Local Government Development Nga Kor Ming and Deputy Minister of Agriculture and Food Security Chan Foong Hin.
Citaglobal disclosed that SUS is a government linked enterprise incorporated in China, with “extensive” experience in urban solid waste treatment, eco-industrial park construction, WTE engineering, procurement, construction, operations and maintenance, agricultural and forestry waste treatment and other fields.
“Together with its Japanese partner, global clean technology giant Hitachi Zosen Corporation, SUS has delivered more than 1,400 WTE plants globally,” said Citaglobal.
Citaglobal’s executive chairman and president Tan Sri Mohamad Norza Zakaria said waste management is crucial for the country as most cities are running out of landfill sites.
“WTE systems not only provide a high value source of renewable energy, but more importantly, its ability to convert waste into ash can significantly reduce the volume of waste that ends up in landfills,” he said.
“We see the development of WTE systems as an overall win-win situation for Malaysia. Besides complementing fossil fuel-based power sources, WTE systems generate renewable energy, reduce landfill requirements, and produce revenue for local municipalities and governments,” said Norza.
Meanwhile, SUS CEO Cindy Li Haiyan said with the company’s track record, it is confident in delivering a “modern, clean and efficient” WTE plant for Malaysians.
“In Malaysia, 38,000 tonnes of solid waste are collected daily and dumped at landfills that occupy 150 acres of land yearly. The Malaysian government has acknowledged this pressing need and has been planning on implementing one WTE plant in every state,” she said.
Citaglobal’s shares were trading one sen or 0.7% higher at RM1.45 at market break, giving it a market capitalisation of RM605.51 million.
2023-09-17 18:59 | Report Abuse
KUALA LUMPUR (Sept 15): Bursa Malaysia bounced to close at its intra-day high on Friday as China’s better-than-expected latest economic data lifted regional sentiment.
2023-09-17 10:42 | Report Abuse
See whether something similar would happen to picorp down :)
KUALA LUMPUR (Sept 16): Siab Holdings Bhd has downsized a proposed rights issue to raise funds for its RM122 million acquisition of Taghill Projects Sdn Bhd.
The group also proposed a 100 million special share issue at 12 sen per share or RM12 million to third-party investors, in its bid to part-fund the acquisition of the G7 contractor, which remains a cash and share deal.
To recap, Siab announced on July 18 it was looking to acquire Taghill Projects for RM122 million, to be fully satisfied via a combination of RM96 million cash and RM26 million via issuance of 200 million Siab shares at 13 sen each to Taghill’s vendors Wong Yih Ming, Chu Yee Hong Yap Kek Siung.
The rights issue, which was downsized from 919.51 million shares, will still be undertaken on full subscription basis with an underwriting agreement for the entire portion, as proposed previously.
It will be on the basis of 13 rights shares for every 10 shares held (13-for-10), as opposed to a 4-for-3 rights issue proposed previously.
The special share issue, which is a new component, was mooted as Siab’s board aimed to vary the fundraising components of the proposal, the company said.
This will “eliminate the risk of Siab being unable to settle the cash consideration in the event of unsuccessful implementation of the proposed right issue with warrants arising from the force majeure clause in the underwriting agreement,” it said.
With the revised rights issue, Siab expects to raise RM103.98 million, from the RM110.34 million estimated previously.
After deducting the RM96 million cash portion to pay for the transaction, a portion of the remaining balance of RM4.1 million will be used for working capital — adjusted lower from RM10.36 million proposed previously — and expenses for the proposals (RM3.89 million, from RM3.98 million).
Siab said the appointment of an underwriter will be finalised at a later date.
The 13-for-one rights issue will come together with 383.26 million detachable warrants on a basis of one warrant for every two rights shares subscribed. The warrants will have an exercise price of 20 sen apiece.
Taghill also owns a 60% stake in Bimtech Solutions Sdn Bhd, which is involved in the provision of building construction services and solutions. It incorporates building information modelling (BIM), that leverages digital technologies from the design stage to post-construction and building management phases, Siab said.
The vendors, it said, have guaranteed a net profit of RM24 million from Taghill over a two-year period in the financial years ending Dec 31, 2024 (FY2024) and FY2025.
Taghill’s fair value stood at between RM99.54 million and RM129.72 million as appraised by Eco Asia Capital Advisory Sdn Bhd, it added.
M&A Securities Sdn Bhd has been appointed as principal adviser while Eco Asia Capital Advisory Sdn Bhd is financial adviser and independent valuer for the proposals.
Barring any unforeseen circumstances, the proposals are expected to be completed by end-2023, Siab said.
Siab’s shares closed 0.5 sen or 4.00% higher at 13 sen, valuing the group at RM61.20 million.
2023-09-17 10:07 | Report Abuse
You are welcome to picorp ;)
KUALA LUMPUR (Sept 15): Chung Chee Yang has ceased to be the substantial shareholder in Cypark Resources Bhd, one year after emerging as the single largest shareholder in the company.
In a bourse filing, Cypark said Chung has disposed of 40 million shares representing a 5.10% stake in the group on Thursday.
The offload amounts to approximately RM31.80 million based on the closing price of 79.5 sen on that day.
This leaves Chung with 37.43 million shares or a 4.77% stake in the renewable energy and solid waste management company.
Chung first emerged as a substantial shareholder in September 2022 when Cypark shares were trading at a low of under 50 sen apiece, amid concerns over its financial position and progress of its waste-to-energy project in Negeri Sembilan at the time.
Since then, Chung has been actively acquiring Cypark shares up until June this year. On June 14, Chung sold 2.80 million shares, leaving him with 77.43 million shares or a 9.90% stake in the group then.
Meanwhile, Pertubuhan Keselamatan Sosial or Perkeso has purchased 2.9 million additional shares in the group, after acquiring 1.40 million shares in the open market on Sept 13 and another 1.50 million shares on Sept 14.
This brings its stake to 6.74% or 52.87 million shares in the group, from 49.98 million shares (a 6.45% stake) last February. Perkeso first emerged as a substantial shareholder in Cypark back in February this year.
Cypark's largest shareholder is Jakel Capital Sdn Bhd, part of Jakel Group, with a 22.51% stake.
Cypark recorded its maiden loss in its quarter ended April 30 due to impairments and provisioning of RM376 million including for the WTE project, which was completed this year.
The group is in the midst of issuing the second tranche of its Perpetual Sukuk Musharakah of up to RM265 million, which will be subscribed by Jakel Capital, to complete two solar power projects in the east coast.
It has expressed confidence of completing the projects by the targeted deadline of December 2023.
At market close, Cypark shares rose 1.5 sen or 1.89% to 81 sen, valuing the group at RM635.63 million.
2023-09-17 09:30 | Report Abuse
KUALA LUMPUR (Sept 16): Optimism about the outlook for US interest rates and China’s improving economic prospects are set to drive Bursa Malaysia higher next week.
2023-09-16 16:08 | Report Abuse
Tiada yg mustahil :)
At home, he said Bursa’s strength can be seen in lower liners. “We now see the next target at 1,480, and it will likely hit the 1,500 level by year end,” he added.
2023-09-15 15:19 | Report Abuse
mau rezeki dr pasaran saham perlukan kesabaran, bertenang ya!
2023-09-15 14:31 | Report Abuse
Kini sideway trend dan consolidation, bila kembali uptrend, naik gila.
Belajar untuk menjadi lebih sabar dan yakin. ;)
2023-09-15 14:30 | Report Abuse
Yakin sedikit, uem sunrise 20sen+, Kini balik 70sen+
2023-09-15 13:03 | Report Abuse
KUALA LUMPUR: Bursa Malaysia stayed positive as it headed for the weekend following a positive reaction to better-than-expected Chinese economic data and recent US inflation data that triggered a rally on Wall Street.
2023-09-15 13:03 | Report Abuse
In key Asian markets, China's composite index rose 0.3% to 3,135 and Hong Kong's Hang Seng climbed 1.7% to 18,347.
Japan's Nikkei rose 1.2% to 33,575 and South Korea's Kospi gained 1.3% to 2,607.
2023-09-15 12:08 | Report Abuse
Broader Asian markets rose as the People’s Bank of China (PBOC) cut its reserve ratio requirements for local lenders by 25 basis points- its second such move this year. The cut is expected to unlock more liquidity in the Chinese economy, potentially shoring up growth.
2023-09-15 11:45 | Report Abuse
https://theedgemalaysia.com/node/682338
SC plans to embrace ISSB's sustainability standards
By Bernama / Bernama
13 Sep 2023, 10:52 am
Updated - 12:38 pm
2023-09-15 11:06 | Report Abuse
Anak ananda krishnan dah jadi sami buddha, tak tahulah anak pengasas picorp mau jadi guru sekolah pondok tak :)
Tengok latar belakangnya pun dah tahu dah :)
Usamah is the son of Zaid bin Abdullah and Zaidah binti Mohd Salleh and brother of Fatimah Zahrah binti Zaid.
Academic/Professional Qualification/Membership(s):
Master in Business Administration, Management & Science University (2015)
General Islamic Studies, Darul Uloom Zakariya Islamic University, South Africa (2010)
Member of Institute of Corporate Directors Malaysia
Experience:
Chief Executive Officer, Alam Sekitar Malaysia Sdn Bhd (2021 - present)
Deputy Chief Executive Officer, Alam Sekitar Malaysia Sdn Bhd (2020)
Senior General Manager, Zaiyadal (Formerly known as Zaiyadal Keluarga Sdn Bhd) (2020)
Chief Executive Officer, Intelligent Aqua Sdn Bhd (2018 - 2019)
General Manager (Business Development), Alam Sekitar Malaysia Sdn. Bhd (2016 – 2018)
Business Development Executive, Alam Sekitar Eco-Technology Sdn Bhd (2013 – 2016)
Business Development Executive, PJBumi Berhad (2010-2013)
Syariah Advisor to the Group, Progressive Impact Corporation Berhad (July 2010 – October 2010)
2023-09-15 10:20 | Report Abuse
Multiplier effects globally.
Analyst Tina Teng at CMC markets said China's reserve requirement cuts were instrumental in lifting energy and industrial metal prices in general, adding that Chinese industrial output and retail sales data could be market movers later on Friday
2023-09-15 10:20 | Report Abuse
SINGAPORE (Reuters) - Oil prices rose to their highest level in 10 months on Friday, after China cut banks' cash reserve requirements to boost its economic recovery, and on expectations that major global interest rate hike cycles were nearing their end.
2023-09-15 09:35 | Report Abuse
New Chairman, Penyelamat picorp :)
Progressive Impact Corporation Berhad
"Serving Allah, Respect For The People And Environment"
Board Of Directors
*****DATUK SYED HISHAM SYED WAZIR
Chairman, Independent
Non-Executive Director
Male, Age 69, Malaysia
ZAID BIN ABDULLAH
Executive Deputy
Chairman
Male, Age 71, Malaysia
DATO’ DR. LUKMAN BIN IBRAHIM
Group Executive Director
Male, Age 57, Malaysia
ZAIDAH BINTI MOHD SALLEH
Non-Independent
Non-Executive Director
Female, Age 68, Malaysia
DATO’ HAJJAH ROSNANI BINTI IBARAHIM
Independent
Non-Executive Director
Female, Age 69, Malaysia
KAMARUL BAHARIN BIN ALBAKRI
Independent
Non-Executive Director
Male, Age 60, Malaysia
USAMAH BIN ZAID
Alternate Director To
Zaid Bin Abdullah
Male, Age 39, Malaysia
FATIMAH ZAHRAH BINTI ZAID
Alternate Director To
Zaidah Binti Mohd Salleh
Female, Age 38, Malaysia
Management Team
HAMSIAH BINTI KHALID
Group Chief Financial Officer
USAMAH BIN ZAID
Chief Executive Officer
Alam Sekitar Malaysia Sdn. Bhd
DATO’ DR. LUKMAN BIN IBRAHIM
Group Executive Director
Progressive Impact Corporation Berhad
ABDULLAH OMAR
Chief Executive Officer
Saudi Asma Environmental
Solutions LLC
DR. CHIN TEEN TEEN
Chief Executive Officer
ALS Technichem
(M) Sdn. Bhd
& PT. ALS Indonesia
MALIZA BINTI MOHARI
Manager
Secretarial
NIK AZRAN IZHAR BIN NIK AHAMED
Manager
Facilities and Building Maintenance
ABD. RAZAK BIN MASIRUN
Manager II - Group IT Support
AZLI BIN MD ZIN
Group Senior Manager
Legal, Secretarial and Human Capital
AHMAD SHAHDAN BIN KASSIM
Senior General Manager
Research & Development
NADZRAH BINTI HASHIM
Senior General Manager
GED Office
AZIZAH BINTI SALLEH
Senior Manager
Finance
Share this page :FacebookLinkedInTwitterShare
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DATUK SYED HISHAM SYED WAZIR
Chairman, Independent
Non-Executive Director
Male, Age 69, Malaysia
Date of Appointment: 30 May 2023
Academic/Professional Qualification/Membership(s):
Hastings College of Further Education, UK (1974)
Plymouth University, UK (1979)
Ohio State University, USA (1996)
Fellow of the Institute of Motor Industry (FIMI), United Kingdom
Member of Beta Gamma Sigma of Ohio University
Member of the Ohio University Alumni Society in Malaysia
Experience:
MSM Malaysia Holdings Berhad, Chairman, Independent Non-Executive Director,June 2020 – Present
Bermaz Auto Berhad, Independent Non-Executive Director, December 2016 – Present
SIRIM QAS International Berhad, Independent Non-Executive Director, October 2020 – Present
SIRIM QAS International Berhad, Chairman, November 2017 – September 2020
SIRIM Berhad, Independent Non-Executive Director, July 2017 – September 2019
Puncak Niaga Holdings Berhad, Group Managing Director, November 2015 – July 2016
UMW Holdings Berhad, President & Group Chief Executive Officer, October 2010 – October 2015
Naza Kia Sdn. Bhd. & Naza Kia Services Sdn. Bhd. , Chief Operating Officer, November 2009 – August 2010
Edaran Otomobil Nasional Berhad, Managing Director, May 2005 – August 2009
DRB Hicom Group, Honda Malaysia Sdn. Bhd., President/Chief Operating Officer, 2003 – May 2005
General Manager, Marketing Division, January 2001 – December 2002
DRB-HICOM Export Corporations Sdn. Bhd., General Manager, International Business, April 1998 – December 2000
Proton Cars (UK) Pte. Ltd., Director, 1997 – 1998
Proton Corporations Sdn. Bhd, General Manager, 1995 – March 1998
Progressive Impact Corporation Berhad (PICORP) is a public listed company on the main board of the Bursa Malaysia. Progressive Impact Corporation Berhad (PICORP) Group is Malaysia's Environmental Solution Provider.
2023-09-15 09:30 | Report Abuse
The founder's days are numbered, old already, anak2 tak berguna. Appointed a new chairman to help to turnaround or find buyers 😀
@Dehcomic01
Business has its ups and downs so I look at performance over several years to get a better sense of its earnings potential. The sad thing is that over the past 10 years, the ROE has been declining. Unless you have a strong knowledge about how the company is going to turnaround, there are easier companies to look at from a fundamental angle.
17 minutes ago
2023-09-15 09:27 | Report Abuse
Wait for your golden day. :)
The rise of the 50-day moving average above the 200-day moving average is known as a golden cross, and can signal the exhaustion of downward market momentum.
2023-09-15 09:09 | Report Abuse
Patience is gold.
Some traders who work with 'Support and Resistance' can make use of 'sideways movement' to trade. Basically, you buy near the support level (bottom of the sideways trend) and sell it near the resistance level (top of the sideways trend). The longer the sideways trend, the bigger the movement on the upside...
2023-09-15 09:07 | Report Abuse
Perseverance ;)
7201 PICORP PROGRESSIVE IMPACT CORPORATION
Quarterly rpt on consolidated results for the financial period ended 30/06/2023
Quarter: 2nd Quarter
Financial Year End: 31/12/2023
Report Status: Unaudited
Submitted By:
Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period
30/06/2023 30/06/2022 30/06/2023 30/06/2022
RM '000 RM '000 RM '000 RM '000
1 Revenue 22,022 19,900 42,553 42,434
2 Profit/Loss Before Tax 1,223 261 2,514 1,120
3 Profit/(loss) attributable to ordinary equity holders of the parent (372) (1,839) (1,787) (3,482)
4 Net Profit/Loss For The Period 1,275 32 1,672 (229)
2023-09-14 16:18 | Report Abuse
Accumulation stage now, after leaving consolidation, sideway trend, uptrend restarts ... it enters consolidation from uptrend too
2023-09-14 14:01 | Report Abuse
price upward till 35sen enters into consolidation 7-8sen, when it leave, another upward trend,. bertahan ya
Stock: [PICORP]: PROGRESSIVE IMPACT CORPORATION
2023-09-19 16:51 | Report Abuse
35sen -> 6sen -> 8sen -> 35sen or higher :)