Thanks, and iIndeed, the fund to be raised will be mainly used in the housing and condo projects which look good to me. I know of this ICPS thing just now and the share price now is about 3-5 sens higher than last week when the price was less than 20sen, so I lose out a bit, but this extra 3-5 sens when spread over the 15 ICPS is just about 0.3 sen/ICPS. With egm on 6 Aug means the ex-date will be soon. Conclusion: I will definitely buy too.

Amy one knows what drives the big buy @180? What's the news?

Wow, I'm surprised, why suddenly so much want to ride at 180? Luckily as advised keep collecting last few days!

人潮开始回来了？

Ada orang mula naik bas @180:)

Thank you for clarification. Hope it will go up when ppl realise it's undervalued.

Jeff5142 Many thanks for your explanation, and just to check and also for others who may have the same questions: I did two calculations, one just using the current assets (118,086, all numbers in thousands), current liabilities (13,112) and number of shares (126,729) gives 82.8 sens/share, as you quoted. Repeating for the total: total assets (221,963) & liabilities (42,535) gives RM1.41/share. This last figure is also given in the QR page 2.
Just wonder what is the real difference between the net current asset/share and net total asset/share? And which is more relevant - current or total?
I'm still not sure the 16c dividend refers to the one paid around 12 June, or as you said has yet to be paid? How to tell?

What about it? Maybe I can answer partly.....

Would you mind to share your reasons for sycal? Just as a reference, as I should do my homework too! Cheers

Would be nice to retire early and healthy! Just wonder what you think of dolphin international as it is also doing right issues to acquire Uncle Don. Ex-date 23 July. It's quite active trading now.

Agree, just collect.....May be some people are just moving their funds to the rubber gloves counters, even as Ptrans businesses are recovering, lol

The right issue is for raising fund to buy Uncle Don. Haven't been there but read the great reviews!!
Today already Up 10%, exciting! Will buy!!

hello, jaynetan, good to see you here! So, looks like this counter will be rewarding just like VSolar!

Janetan, PrinceOfIpoh, & kawan^kawan who generously shared info and advice: Thanks again!
I practically made back all subscription fees for the rights, and now still have quite a bit of mother shares and warrants left, nice, so plan to just keep these for the long term!
First time participating in right issue stuff, very rewarding....looks like a good way to make some money! Just did a search on Bursa, and found some companies also doing this right issues, like
Dolphine, Sycal...May be should check on them?

Jeff, could you describe how to calculate the net current asset by referring to the latest quarter report as it is filled with pages of numbers and hard for me to figure out. About the dividend, on 12 June a 16sen dividend was already paid. But you mean another 16sen dividend will be paid within 3 months from 30 June? The report is not very clear for me. Thanks in advance for your time.

Those who need to use labs will return to campus in July&August. Campus fully open in October....still waiting for SOP.

https://www.nst.com.my/news/nation/2020/07/606917/students-can-return-universities-colleges-beginning-month-phases

https://www.sinchew.com.my/content/content_2304936.html

Uni students returning to campus in stages....Utar has 13,000 students!
Can expect Ptrans move upwards, right?

Agree, today collected at 175!

Already up more than 5% today! Keep going, let's break 0.4 again!!

You mean this:
"Perak Transit has been trading in a possible sideways pattern over the recent sessions. A positive bias may emerge above the MYR0.175 support, with resistance levels pegged at MYR0.19, followed by MYR0.20. A stop-loss can be set below MYR0.175"

tksw sifu, for several days mostly at 180, but hope you strike the 175 lottery!

Now we know it can go up again when the right signals come, so can be more confident to buy low!

vvliang, thanks for the news update:
>地方政府也受促提升每个县的巴士车站，尤其是在公共交通设施方面。
Let me tranlate the above for friends here who not reading Chinese:
>Local governments are also urged to upgrade bus stations in each district, especially in terms of public transportation facilities.

This can mean more business opportunities for Ptrans, eg. more project facilitation fees?

Shoot up today? Don't know leh, but never say never hor, patiently waiting

Yes, thanks to their efforts to grow out of the confines of covid-19, we need not wait until next year! I was wrong!

Before today lots of negative comments at innature forum....glad that I didn't sell earlier!

As traveling returning to normal, Ptrans should go up.... maybe just be patient. Have been holding innature for past 4-5 months, suddenly today shoot up!

Happy, patience pays off, haha, hope ppl here gain too!

According to Bursa stat yesterday, participation by institution about 46%, retailers 37%, so retailer participation is just 9% behind, and I suppose retailers are paying attention. If institution sells big, price fall, will retailers not buy? You mean they just sit around minum kopi?

nice to collect! May be AGM in August? Now management must be busy dealing with various Covid prevention measures!!

@tehpenghui, many thanks for clarification!

RainT, good to see you here....ya hope 1 year later, price up and dividend up!

This counter is more like a dividend counter.... today wondering why seems to move clearly upwards.....turns out there is forest fire in Kalimantan so production might be affected!

Jack, thanks for the info.
Would appreciate if someone can explain how the price tomorrow might be affected by the share sale agreement.

Loss making company flying, profit one flat or gostan, got sense meh? From the news, Ptrans very cautious towards covid, not rushing simply to try to make money. So, combining other positive factors, believe this is the right counter to hold, although it shakes up and down sometimes, hahaha.

tksw sifu, the rugi company Vsolar fly leh, may be Ptrans can add solar power business...solar powered integrated terminals, electric bus...recharged by electricity from solar farm!

Today 97% at 180, 1%at 185 and 2% at 175.... you Q at 175, if bomb at 175 then good for you why die kiaw kiaw leh?

Good day..happen to see some news in SinChew about Ptrans, thought it might be of interest to you, especially if you are not from Perak, though a bit old....

This one dated 11 June said crowd was returning to Meru Raya
https://www.sinchew.com.my/content/content_2287743.html

Dated 13 June, said Ptrans will return to full service in two weeks even though Gov already
gave green light
https://www.sinchew.com.my/content/content_2288989.html

Sorry, Only found in Chinese paper... but still nice to see the photos showing the situation returning to normal. If ppl here know of recent development please update. Thanks.

Sweng, yes I subscribed all my OR, though I thought would subscribe 60%or so originally.

Our generation never say die one....ok lah I just keep and consider fix deposit of 5.55% lor...
Who knows, like Happy say, can enjoy wayang after AGM, some more limestone needed for construction, silica sand for making glass...in summary, why not be optimistic??

U got buy VSolar or not? Sold with good profit liao and used profit to subscribe to the Right issues....hope things will go well there too!

suspended now....any advice from sifu here?

As new share is listed on 13 July, how does the opening price on that day depend on the closing price the day before? Is there a formula relating the two prices or no formula just depends on the market?

tksw sifu, wear glass(?) for protection? Silica sand is used for making glass.....

I like this counter a lot too. Agree that JV is a boost.
Btw, the VSolar I mentioned earlier here is flying up today!
Hope Ptrans will fly at another day!

what coming exodus? I oso bought airasia. Btw, I bot some Ptrans @180...

Oh, that's too bad, ok will join Q....but limestone needed for making cement, with mega projects like ecrl, got future or not?

Alamak, no luck, didn't get any @180. Bro tksw, did you get?? Aiyo, the china india border so far...
but election coming? May be Ptrans can ferry people to vote lor.

For this week, the average VWAP is 0.1829 with 55% buy rate. Most likely this trend will continue until AGM or another good/bad news?
No regret bot 185...anyway, at least 1 sen dividend at 0.185 means 5.4% annual interest. If compared with rubber glove, dividend % is nothing lagi need to worry about price falling sharply .....so done selling 97% of my rubber gloves by last week, relaxed.

bot some at 185, wait some at 180, looks like today between 180-185, if lucky 190.....will revisit tomorrow.

I believe all the good news from Ptrans will be good for us! Active trading!!

tksw sifu, doing both, but more long term than short....now back to work while waiting for AGM.