A new investor could emerge anytime, berpuluh-puluh juta syer transacted recently

Sudden surge by 2-3sen would kick the ball rolling

Bang syed would bring or find Investors for picorp :)


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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

Target 15-20sen this year... sny extra cash, just buy

8sen is the lowest when covid 19 started in 2020... 2023 it showed Q1, 2023 profitable.... Time to fly this year....sny fearful sell is the transfer of wealth to us

It would rock nonstop... getting ready to rock

8sen is the lowest in 2020 during covid 19

Up n down rigorously

If no volatility no fun

Flying anytime... 5-10% of total shares accumulated by a gang kot?

One gang seems to press down the price. Near the bottom ... sudden rebound anytime

kuitp dan simpan sampai Q4, 2023

buy, and harvest in Q4, 2023

new chairman, has good networks to get biz for picorp... lagipun the worst is over for picorp.... Q1, 2023 dah profitable, Q2, Q3, Q4 2023 etc lagi hebat

dxn momentum is there.... betapa mantap.... mau terbang... just a matter of time.... yg mau cabut dah cut loss... tinggal yg mau sokong dan bagi long term or medium term

DXN slowly but surely rebounding is approaching.... load your bullets

A prosperous revival selepas pandemik .... harvest pretty soon ... bertahan ya!

7:13PM
PICORP 1Q net profit 0.397 million

2020, 2021, 2022 are gone...... 2023- is a good start post-pandemic...

new chairman, hebat... bring in more biz :)

[PICORP] Chairman APPOINTMENT - SYED HISHAM BIN SYED WAZIR on 30-May-2023
Stock
[PICORP] : PROGRESSIVE IMPACT CORPORATION
Announcement Date
30-May-2023
Board Member Information:
Date of Change
30-May-2023
Type of Change
APPOINTMENT
Designation
Chairman
Directorate
Independent and Non Executive
Name
SYED HISHAM BIN SYED WAZIR
Age
68
Gender
Male
Nationality
Malaysia
Qualification
1. Masters - Business Administration [Ohio State University, USA]

2. Degree - Bachelor of Science in Mechanical Engineering [Plymouth University, UK]

Working Experience
1. June 2020 - Present: Chairman and Independent Non-Executive Director, MSM Malaysia Holdings Berhad 2. December 2016 - Present: Independent Non-Executive Director, Bermaz Auto Berhad 3. October 2020 - Present: Independent Non-Executive Director, SIRIM QAS International Sdn. Bhd. 4. November 2017 to September 2020: Chairman, SIRIM QAS International Sdn. Bhd. 5. July 2017 to September 2019: Independent Non-Executive Director, SIRIM Berhad 6. November 2015 to July 2016: Group Managing Director, Puncak Niaga Holdings Berhad 7. October 2010 to October 2015: President & Group Chief Executive Officer, UMW Holdings Berhad 8. November 2009 to August 2010: Chief Operating Officer, Naza Kia Sdn. Bhd. & Naza Kia Services Sdn. Bhd. 9. May 2005 to August 2009: Managing Director, Edaran Otomobil Nasional Berhad 10. 2003 to May 2005: President/ Chief Operating Officer, Honda Malaysia Sdn. Bhd. 11. January 2001 to December 2002: General Manager, Marketing Division, Honda Malaysia Sdn. Bhd. 12. April 1998 to December 2000: General Manager, International Business, DRB-HICOM Export Corporations Sdn. Bhd. 13. 1997 to 1998: Director, Proton Cars (UK) Pte. Ltd. 14. 1995 to March 1998: General Manager, Proton Corporations Sdn. Bhd.
Directorship of Public Companies
1. MSM Malaysia Holdings Berhad 2. Bermaz Auto Berhad

Return to profitability. Good start for 2023 :)

PROGRESSIVE IMPACT CORPORATION BERHAD
(Company No. 199001011782)
CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
FOR THE FIRST QUARTER ENDED 31 MARCH 2023
(The figures have not been audited)
Preceding year Preceding year
Current Corresponding Current Year Corresponding
Quarter Quarter To Date Period
31.3.2023 31.3.2022 +/(-) 31.3.2023 31.3.2022 +/(-)
RM'000 RM'000 RM'000 RM'000
Revenue 20,531 22,534 (0.09) 20,531 22,534 (0.09)
Cost of sales (8,240) (10,085) (8,240) (10,085)
Gross profit 12,291 12,449 (0.01) 12,291 12,449 (0.01)
Profit income 170 102 170 102
Other income 762 582 762 582
Staff costs (6,322) (6,518) (6,322) (6,518)
Depreciation and amortisation (1,818) (2,050) (1,818) (2,050)
Other operating expenses (3,099) (2,887) (3,099) (2,887)
Profit from operations 1,984 1,678 0.18 1,984 1,678 0.18
Finance costs (693) (819) (693) (819)
Profit before tax 1,291 859 0.50 1,291 859 0.50
Income tax expense (894) (1,120) (894) (1,120)
Profit/(Loss) net of tax 397 (261) 2.52 397 (261) 2.52

Description Proposed renewal of shareholders' mandate to purchase its own ordinary shares of up to 10% of the total number of issued shares in the company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 226 84
No. of Shares 392,713,751 59,855
% of Voted Shares 99.9848 0.0152
Result Accepted

another 3sen to touch ipo price at 70sen.... hurry up

hitting 67sen dah... terbaik .... semoga > 70sen asap... bila confidence balik, ia akan terbang dengan lebih laju

more rooms to grow in malaysia too.... jumlah penganggur juga agak ramai terutamanya golongan belia

The Global Clinical Laboratory Services Market is growing with a CAGR of 7.2% in the forecast period of 2022 to 2029 and is expected to reach USD 4, 43,369.94 Million by 2029.

Laboratory Testing Service Market Is Booming Worldwide | Intertek Group, SGS, Fugro
HTF Market Report
Author: HTF Market Report
Published: January 3, 2023
Time: 6:14 pm

di turki, amerika latin, afrika, growing rapidly setiap hari

MLM, globally, ramai penganggur, jadi , boom time for such biz... lagipun dxn ada kilang dan patent barang sendiri... win semua

naik berterusan hitting 66.5sen, just a matter of time above 70sen

Bagus kot? results release tonight probably

@pendekarbujang

meeting outcome?

Bagus kot? results releases tonight probably @pendekarbujang

meeting outcome?

7 minutes ago

another major market bagi picorp... bagus sekali

Why invest in Indonesia 2023?
With its natural resources, stable economy, and favorable demography, Indonesia serves as an attractive destination for investment and has continued to receive more attention as a strategic destination to invest in.8 Mei 2023

saudi is growing... major market of picorp

DUBAI, May 7 (Reuters) - Saudi Arabia's economy grew by 3.9% year-on-year in the first quarter of 2023, according to initial government estimates of real gross domestic product published on Sunday.

Non-oil activities grew by 5.8% in the first quarter from a year prior, the General Authority for Statistics said, citing flash estimates, while oil activities grew by 1.3%. Government services activities grew by 4.9%, it said.

However growth slowed compared to the fourth quarter of 2022, when GDP grew 5.5% year-on-year.

picorp - shariah compliant, main board, big 4 auditor, etc

when it moves, it could be faster than ytl, etc... just be patient

Post pandemic,many biz closed down , unemployment rate is high throughout the world.. lagipun dxn ada kilang, produknya ada patent peribadi, dll

Dxn. Timing difference to double in price


Executive director and CEO Choong Wai Hoong (sixth from left) with members of the board and representatives from M&A Securities at Cloudpoint's listing ceremony

KUALA LUMPUR: Cloudpoint Technology Bhd opened at 75 sen a share on its trading debut on the ACE Market of Bursa Malaysia, representing a 97.37% premium to its initial public offering (IPO) price of 38 sen a share.

The stock of the IT solutions provider closed 13.5 sen or 35.5% higher to 51.5 sen a share.

A total of 344.38 million shares had exchanged hands, making the counter the most actively traded on Bursa Malaysia yesterday.

Cloudpoint, which raised RM40.4mil from its IPO, is looking to utilise its proceeds to scale and accelerate its business in the high-growth areas of cloud and cybersecurity.

Of the amount raised, RM13.3mil will go towards business expansion, including building a new security operations centre, enhancing the existing network operations centre and establishing a new public cloud infrastructure.

From the remaining amount, RM15.8mil will be used for working capital, RM7.8mil for office relocation and RM3.5mil for listing expenses.

“Enterprises are increasingly investing in new technologies to enhance business agility and competitiveness. This is driven by various factors, including the growing emphasis on security and cyber defences, surge in cloud computing and software modernisation.

“Our IPO is perfectly timed to capitalise on these evolving trends, aligning us with tremendous market opportunities,” said executive director and CEO Choong Wai Hoong in a statement.

Cloudpoint’s clients are large enterprises, comprising financial institutions, technology service providers and telecommunications companies in Malaysia.

The group has announced its financial results for the first quarter ended March 31, 2023, where net profit tripled to RM3mil compared twith RM900,000 in the corresponding quarter of the preceding year.

In the financial year ended Dec 31, 2022, the group achieved revenue of RM90.6mil and profit after tax of RM13.15mmil.

It said about 89% of its revenue was derived from customers in the financial services sector, primarily major banks in the country.

Esg biz player macam picorp berpotensi


KUALA LUMPUR: Public Bank Bhd has increased its energy-efficient vehicle (EEV) lending target from RM25bil to RM33bil by 2025, according to managing director and chief executive officer Tan Sri Tay Ah Lek.

“As part of our ongoing commitment to supporting the growth of the EEV industry, Public Bank has increased its EEV lending target from RM25bil to RM33bil by 2025,” he said in a statement.

Public Bank has signed a memorandum of collaboration (MoC) with Perodua Sales Sdn Bhd to provide financing facilities to Perodua authorised dealers to extend its financial products and services.

The bank said the collaboration with Perodua would enable it to interface and facilitate digitalisation via online submission of hire purchase end-financing applications including uploading of basic application documents and tracking of application status.

“Perodua is also Malaysia’s first and biggest EEV manufacturer.

“On our part, supporting the growth of the EEV industry is a key pillar of the bank’s climate agenda, where Public Bank mobilised over RM30bil in domestic EEV financing by the end of 2022,” Tay said.

“Thus, there is strong synergistic potential where Public Bank and Perodua can continue to work together, in not only growing our respective business, but also contributing positively toward environmental, social and governance initiatives for the betterment of our society and the world.”

Meanwhile, Perodua president and chief executive officer Datuk Seri Zainal Abidin Ahmad said this three-pronged deal would address the need for the current and future Perodua activities.

“I hope this collaboration will further elevate our respective organisations to greater heights,” he said.

Volume is surging, something we don't know

Showtime coming soon :)

Sabar ya!

Date Price Open High Low Volume
2023-05-29 0.0900 0.0850 0.0950 0.0850 18,749,200
2023-05-26 0.0900 0.0900 0.0900 0.0850 950,300
2023-05-25 0.0900 0.0900 0.0950 0.0850 11,604,800
2023-05-24 0.0950 0.0950 0.0950 0.0900 590,900
2023-05-23 0.0950 0.0950 0.1000 0.0900 4,555,900
2023-05-22 0.0950 0.0950 0.1000 0.0950 523,600
2023-05-19 0.1000 0.0950 0.1000 0.0950 2,030,900
2023-05-18 0.0950 0.0950 0.1000 0.0950 291,500
2023-05-17 0.1000 0.1000 0.1000 0.0950 4,573,100
2023-05-16 0.1000 0.1050 0.1100 0.1000 13,255,200
2023-05-15 0.1050 0.1000 0.1050 0.1000 7,652,700
2023-05-12 0.1000 0.1000 0.1000 0.0950 323,600
2023-05-11 0.1000 0.0950 0.1000 0.0950 1,162,700
2023-05-10 0.1000 0.0950 0.1000 0.0950 1,159,400
2023-05-09 0.0950 0.1000 0.1000 0.0950 3,339,300
2023-05-08 0.1000 0.1000 0.1050 0.0950 3,226,200
2023-05-05 0.1000 0.1000 0.1050 0.0950 3,020,300
2023-05-03 0.1000 0.1000 0.1050 0.0950 5,223,800
2023-05-02 0.1000 0.1000 0.1050 0.1000 1,492,000
2023-04-28 0.1000 0.1050 0.1050 0.1000 3,302,500
2023-04-27 0.1000 0.1000 0.1100 0.1000 13,341,700
2023-04-26 0.1000 0.0950 0.1000 0.0900 6,902,700
2023-04-25 0.0900 0.0950 0.0950 0.0900 592,300
2023-04-20 0.0950 0.0900 0.0950 0.0900 527,200
2023-04-19 0.0950 0.1000 0.1000 0.0900 3,579,000
2023-04-18 0.1000 0.1000 0.1000 0.0950 1,268,900
2023-04-17 0.0950 0.0950 0.1000 0.0900 5,611,100
2023-04-14 0.1000 0.1000 0.1000 0.0950 2,114,600
2023-04-13 0.1000 0.1000 0.1000 0.0950 1,611,300
2023-04-12 0.1000 0.1000 0.1000 0.0950 441,200
2023-04-11 0.1000 0.1050 0.1050 0.0950 10,815,400
2023-04-10 0.1050 0.1050 0.1100 0.1000 6,198,800
2023-04-07 0.1050 0.1050 0.1100 0.1000 2,354,000
2023-04-06 0.1050 0.1050 0.1100 0.1000 4,521,300
2023-04-05 0.1050 0.1050 0.1100 0.1000 12,321,600
2023-04-04 0.1050 0.0900 0.1050 0.0900 10,924,800
2023-04-03 0.0900 0.0950 0.0950 0.0900 5,134,200
2023-03-31 0.0950 0.1000 0.1000 0.0900 5,031,900
2023-03-30 0.1000 0.1000 0.1050 0.0950 8,533,800
2023-03-29 0.1000 0.1100 0.1100 0.1000 10,451,000
2023-03-28 0.1100 0.1100 0.1150 0.1050 7,347,600
2023-03-27 0.1100 0.1100 0.1150 0.1050 12,923,900
2023-03-24 0.1100 0.1200 0.1250 0.1100 14,388,700
2023-03-23 0.1250 0.1150 0.1250 0.1100 15,240,400
2023-03-22 0.1150 0.1150 0.1200 0.1100 8,569,800
2023-03-21 0.1200 0.1150 0.1200 0.1100 13,137,900
2023-03-20 0.1150 0.1150 0.1300 0.1100 18,240,300
2023-03-17 0.1150 0.1150 0.1200 0.1100 8,606,300
2023-03-16 0.1150 0.1300 0.1300 0.1150 18,882,400
2023-03-15 0.1300 0.1200 0.1300 0.1150 15,296,800
2023-03-14 0.1200 0.1150 0.1200 0.1100 17,191,000
2023-03-13 0.1150 0.1150 0.1200 0.1050 10,196,100
2023-03-10 0.1150 0.1300 0.1350 0.1150 23,386,300
2023-03-09 0.1350 0.1350 0.1500 0.1300 43,820,600
2023-03-08 0.1350 0.1350 0.1550 0.1300 35,461,500
2023-03-07 0.1400 0.2500 0.2550 0.1350 63,049,600
2023-03-06 0.2450 0.3000 0.3050 0.2450 30,381,200
2023-03-03 0.3000 0.2850 0.3050 0.2850 21,233,500
2023-03-02 0.2800 0.3150 0.3200 0.2800 17,427,200
2023-03-01 0.3150 0.3350 0.3400 0.3100 20,395,900

stay calm & invested

Stochastic(14) Oversold 20.0

with the economy recovery in indonesia , saudi arabia and malaysia, 2023 surely shows both growth n profit .... share price would rebound rigourously, just a matter of timing difference

still optimistic about the company's prospects, because the stock price has its ups and downs. However, in addition to the stock price, to judge whether a company is good or bad, you should also look at the growth exceeding RM90mil revenue last year, not just the stock price."

Be maliciously sold

The founder and executive chairman of the group, Dato’ Dr. Lim Xiaoren, said in an interview with the Chinese media that the company’s listing coincided with the financial turmoil and inflation in the United States, which led to pessimism in the market.

He believes that the slight decline in the stock price is only temporary, because the company has good earnings support.

After 12 years, DXN Holdings returned to listing on the Bursa Malaysia on the 19th of this month. On the first day, it opened at 69 sen, which is slightly lower than the initial public offering (IPO) price of 70 sen.

Yang takut dan mau jual dah lari.... time for rebound above 70sen


Date Open High Low Close Change Volume
2023-05-26 0.64 0.65 0.635 0.645 +0.005 (0.781%) 5,644,300
2023-05-25 0.635 0.645 0.635 0.64 +0.005 (0.787%) 6,786,200
2023-05-24 0.64 0.655 0.635 0.635 -0.005 (0.781%) 13,306,800
2023-05-23 0.63 0.66 0.63 0.64 +0.005 (0.787%) 13,664,600
2023-05-22 0.665 0.665 0.625 0.635 -0.03 (4.511%) 60,540,500
2023-05-19 0.69 0.705 0.64 0.665 -0.035 (5.00%) 216,411,200

Highest Price 0.4600 First Occurred on 21/01/2009

jump n back to this level, everyone would be excited

05/05/2014 00:00:00 0.3000 0.0400 1.200m 1.200m 360,000 360,000 0.3000 0.1824 -
17/04/2014 00:00:00 0.2850 0.0300 100,000 100,000 28,500 28,500 0.2850 0.0152 -

About the Company
Founded Employees CEO Website
1993 n/a Hang Teoh https://www.dxn2u.com
DXN Holdings Bhd., an investment holding company, engages in the manufacture and sale of health supplements and other products on direct sales basis. Its product lines include dietary supplements, food and beverages, personal care products, skin care and cosmetics, and household products, as well as water treatment systems. The company is also involved in the cultivation of ganoderma and mycelium; manufacture and sale of monascus, vinegar, health food, traditional medicine, confectioneries, and other food products; sale of herbal products and food supplements; trade of health products; distribution and supply of herbal medicines; trade of health foods, traditional medicine, confectioneries, and other food products; and purchase, sale, import, export, and distribution of natural foods and vitamin supplements.

In addition, it engages in conducting research and development, and experimental works for biotechnology, bio-chemical, and agricultural products; designing, constructing, and operating biodiesel processing plant; and the trading of construction materials. Further, the company is involved in information technology advising and consulting, and trading in computer hardware and software equipment; and wholesale of perfumeries, cosmetics, soaps, and toiletries. Additionally, it operates as a building contractor, and travel agent and tour operator; and engages in the processing and trading of food and beverages, food supplements, cosmetics, and consumer products. The company operates primarily in Malaysia, Morocco, Peru, Mexico, Bolivia, India, the Philippines, the Middle East, the United States, Thailand, and internationally.

DXN Holdings Bhd. was founded in 1993 and is headquartered in Alor Setar, Malaysia. DXN Holdings Bhd operates as a subsisidary of DXN Global Sdn. Bhd.

Share Price vs Fair Value
What is the Fair Price of PICORP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

64.4%
Undervalued
Current Price
RM0.09
Fair Value
RM0.25