I suspect that Kenanga was the biggest seller for yesterday and the day before. Now that they have stopped, the price should slowly bounce back..

Let's listen to what management say tonight. Should be quite promising.

"Again, I believe that PTRANS is a long-term investment stock. Those investors that "kasi throw tickets" because of this quarter's results are known as Mr Market. Mr Market, as described by Benjamin Graham, is an investor who is driven by emotions such as panic an euphoria, who does not trust in the fundamentals of a company. Like KC Chong said, "Mr Market is a crazy guy". Quoting words from Warren Buffet, "Be fearful when others are greedy, and greedy when others are fearful"."

I like the quotes used by this person here. Seems like there are a lot of Mr Markets here. Furthermore, the selling pressure could be initiated by Kenanga growth fund. Their report a few days ago would trigger their fund managers, etc, to sell.

Hello, pls correct me if I'm wrong. KYY said above that Press Metal is involved in the smelting of Aluminum, meaning extracting it from it's ores. Whereas ALCOM is only involved is the manufacturing of Aluminum products. So, ALCOM does not benefit from the increase in Alum prices, in fact they will suffer because Aluminum is an input material for ALCOM and they would have to buy it at a higher price. Only Press Metal will benefit from the increase in Aluminum prices. Am I right? Appreciate your comments, thank you.

Historically, it's anywhere between 21-25 of the month.

Agreed with traded808. If such big institutions and fund managers have confidence in Ptrans, why can't us retail investors have the same confidence.

Again, PTRANS is a long term investment stock. They are expecting new inflows of revenue in the coming years.

https://www.theedgemarkets.com/article/perak-transit-seeks-new-revenue-streams

Just be patient. As Warren Buffett said, "the stock market is a device used to transfer money from the impatient to the patient".

In Ptrans case, it would be don't miss the bus haha. Anyways, these past three days the volume has been picking up. Something may be brewing. Hope for the best and trust in the fundamentals of Ptrans.

Be careful of when you get out. Don't get greedy and get yourself stuck.

Can't expect much given all the bad sentiment. However Ptrans is a good fundamental stock with golden margins. Just wait until big institutions and more fund managers take interest in this stock.

trader808 is the only one speaking professionally with thorough analysis, instead of petty things like everyone else.