*Results Update*
*Pantech Group Holdings Berhad (5125)*
*Target Price: RM1.18 (Buy)*
📌 9MFY24 core net profit came in within ours but below consensus’ expectations.

📌 The group declared a third interim dividend of 1.5 sen/share, bringing the YTD DPS to 4.5 sen.

📌 3QFY24 PBT dropped 41.8% YoY dragged by both softer demand from local O&G projects for the Trading Division as well as lower ASP and lower demand for the Manufacturing division.

📌 The group should register better performance in FY25 as the tenders for major projects such as PIPC are expected to commence in mid-2024.

📌 Reiterate Buy with an unchanged TP of RM1.18/share based on 10x CY24 EPS.

https://taresearch.taonline.com.my/rrs/files/2024/1/PANTECH_RU_20240119.pdf

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3415502

Why so much selling pressure lately ???

What’s going on?

Anyone attending the coming AGM?
Is it unusual to pay non executive directors monthly fees of up to Rm1.5mil

This time is real with volume?

Why no one interested in this stock

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3279111

Yes. The persistent buying by the MD is great. Hope the current price can complete its consolidation & form a strong platform for the next advance phase.

Volatility in the market will be the norm for now.

End of April. Earnings should be stable. Hope dividends can maintain at 1 sen per quarter

Agree. Don’t think cost saving, Tax incentives and better reimbursement from government will be significant.

https://klcinews.blogspot.com/2021/03/dato-eddie-ong-choo-menghextar515120205.html?m=1

Anyone know this guy?

Mopping up the weak holders

https://youtu.be/B-ZTWUkhtBU

1.04

HLG sum-of-parts TP of RM1.27 is total rubbish.

better-than-expected performance at refinery segment is a great surprise.

It is good to know that Orderbook at oil mill engineering segment trended up to RM345m as at 30 Jun 2021 (from RM289m as at 31 Mar 2021), as the group secured 4 new contracts in Indonesia during 2Q21.

Very disappointed with the upstream plantation segment.

Not much on the downside. Dividend will serve as safety net.

Thank Roger. We'll find out soon enough.

For the last Q results, short term investment + Cash in hand = 111mil. 2.5sens dividend paid in July. We can safely predict the Final dividend to be > 2.5 sens. at 1.05, the dividend yield is good at 4.76%.

The no of shares in the market is only 160m. NTA stand at 1.58. 3Qs EPS already hit 12.42. Rolling 4Qs EPS is 14.32 & PE is 7.32.

“We are happy to announce that the Group has received the development order for our upcoming Bidor
Sentral with construction expected to commence soon. Bidor serves as an important turn off from the
North South Expressway to reach the coastal districts of southern and central Perak. The development
of Bidor Sentral, together with Terminal Tronoh, Perak are in line with the Group’s long-term expansion
plan. Our business remained extremely resilient amidst the Covid-19 pandemic and FMCO because of
our dynamic and forward-thinking business strategies. We are optimistic with our proactive initiatives to
increase the occupancy rates of Kampar Putra Sentral which commenced back in September 2020.”
remarked PTRANS’ Executive Director, Dato’ Cheong Peak Sooi

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=117619&name=EA_GA_ATTACHMENTS

Hope they can go back to pay 20 sens dividend a year ASAP.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3183674

I notice that for the past few days there was this guy who always sell a few hundred shares at a bid lower then the last done price. Not sure what is he up to? Not sure whether he was the one who buy just before pressing it down again?

What happened to the QR?

Tomorrow can see new high?

lohloyfoo, well said. I am on the same page as you.

vol at one year high. This is just the beginning of the run

https://www.sinchew.com.my/pad/con/content_2445100.html

moving jor. FOMO?

more fake?

The temporary stoppage is not expected to have a significant impact on the revenue and earnings of CBIPH Group for the financial year ending 31 December 2021.

Sifu tksw, time to fight back?!?

No QR? what's happening?

Thanks Peace99. My simple profit expectation for FY21 is 52m.(4 x last Q profit 13m). That will be 23.8%(10/42) increase yoy. I don't know about others but I'm very happy with that

Hopefully. Again at 12:15. The sellers are quite fragmented.

Let's see any upward swing in the afternoon

I notice the BIg boy came out 7 times this morning. This happened every time when there are enough sellers lining up at 82

Let's see how well it fight back at this 82 support level

Not much info on the quarry. The revenue is insignificant . I don’t think this segment will contribute much in FY2021

bowls, dividend is 4 times a year now. You can use 3.2 sens as the minimum dividend for 2021.

One of the reason why not many institutional investors are not interested in this counter is because it is relatively new, only 19 QRs. One short of 5 years. The other reason is because they were regarded as Penny stock before the 3 in 1 consolidation. The actual rationale behind the exercise. from reliable source, the fund are moving in now.

micsoh, I asked myself many time the same question.

I think the most logical answer is opportunity cost. Many think that they can make more money faster then this counter. It is true, many counters outperform this one provided you choose the right company at the right time. I'm a lazy guy who enjoy a slow & steady ride.

Then why buy this counter? If you believe in Warren Buffet then you know his principle is NOT to lost money. This counter give you the peace of mind. Your money in this company will work hard and honestly all year round.

Good to read some constructive comments from Peace99 & bowls.

I agree that good QRs not necessarily = uptrend. In Ptrans case, it does show that it has a steady business model that is resilient from the Covid19. This take care of the downside.

Will there be growth in this company?

When the pandemic eases, the footfall will improve. The full potential of Terminal Kampar Putra will provide some growth in Rental revenue & profit.

Although the 2 TMS secured so far is only contributing a small portion to the bottom line, the management is confident that they will secure 5 more this FY. so far the management is good in delivery of their promises.

The Bidor & Tronoh project will provide mid term growth to the company.

Furthermore, I don't think the management is contended with the present situation. They are still actively looking for bigger projects.

I'm looking at 5-10% growth annually for the next 5 years.

If you are like me happy with the growth and minimum downside, you should stayed invested in this counter.

To enjoy some trading profit is fine too.

tksw Sifu, your sell signal out jor

http://www.theedgemarkets.com/article/perak-transit-rose-above-immediate-resistance-says-rhb-retail-research#.YDL8srf12LM.whatsapp

Expecting Q results announcement today or tomorrow. Hope to get .75-1 sen Q dividend

1 share b4 3/15 has become 1.8 share on top of Rm4.32 in dividend

people just don't believe that No negative impact due to MCO 2.0.

Perhaps, we have to wait until month end to look at the Q results.

Gazali, meanwhile, expects Perak Transit’s earnings to not be affected by the MCO 2.0, as the income from the rental of advertising and promotional space for both Terminal Meru Raya and Kampar Putra Sentral was secured for early renewal in 2021.

“The rental income from both the advertising and promotional category, and shops and kiosks are stable as the contracts are signed on a fixed-term basis, ” he said.

The announcement on extended MCO should not affect the share price so much

Excellent results & dividend