Great buying opportunity. The profit & Dividend will jump in 3 months time.

TheGroup recordedadecrease in revenue toRM52.437million for thecurrent quarter ended31December 2023as compared to
RM58.273millionrecorded inpreceedingquarter, representingadecreaseofRM5.836millionorapproximately10%mainlydue to
rescheduling of deliveries by customers resulted from increasing logistics costs.

supported well at 2.15

Testing the support 2.15 again today. Where will be the next support level?

The EPS is up 5% QoQ. Down 9% YoY. Half Year down 4%.

I don't see anything alarming. The company is not in a growing phase and they are only at optimal size with healthy earnings.

The dividend payout is 3/6.7 = 45% which is very comfortable.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3392589

I like it.
It shows the company has spare cash and willing to SBB at a higher price.

Let's look closer at the figures.

Revenue is still low but at least will be stable for the coming months from the reasonably high order book. We are not out of the wood but can see some light now.

Core business profit margin picking up slightly. Baring any unforeseen circumstances, it should continue to improve.

Cash pile (short term deposit, investments in money market and bank balances) is RM138mil as compared to Rm127mil last year despite the losses incurred due to high depreciation of Rm35mil?

IMHO, pintaras is in a much better position to capitalise on the recovery of the construction sector if any. Moreover, Singapore although is more competitive, it is a much safer place to be.

Our can manufacturing business is expected to improve as tin-plate prices are trending lower. We have successfully installed a new printing line in April 2023. With better production efficiency and enhanced quality, we would be better positioned to stave off competition and increase our market share.

Prospects for the Next Financial Year ending 30 June 2024

While sentiment for the local construction sector remains lacklustre, we believe that the coming year would register some improvements due to the tender awards for the MRT 3 project. Furthermore, recent news on the potential revival of the KL-SG HSR project could also be seen as a potential catalyst for the construction sector. This, coupled with the lower raw material prices and normalising of labour shortages would further support the ongoing recovery of the sector. However, political stability, delays in the implementation of mega-infrastructure projects and a weak turnaround of the property sector continue to bear on the construction sector's recovery.

Price competition in Singapore continues to tighten the construction sector's profitability. The Group remains selective in its project tenders as it expects the current competitive market conditions to persist for the remaining months of year 2023. We expect an improved new projects work flow in second half of year 2024 with the impending commencement of projects such as Changi T2 extension, T5, Marina Bay Sands and Resorts World extension.

Going into financial year 2024, our group construction order book of about RM230 million provides some clarity for financial year 2024. The challenge for us is to generate reasonable margins from projects secured and rebuild our order book with profitable projects.

The construction division recorded a lower revenue of RM67.9 million in 4Q2023 compared to RM101.8 million reported in
4Q2022. The decline in revenue was mainly due to decreased volume of construction works as a result of fewer projects secured.
The PBT for current financial quarter has actually improved as compared to the previous corresponding quarter as the latter
included a one-off gain of RM17.0 million from disposal of asset. Excluding the one-off gain, the profit improved by about
RM0.6 million or 60%.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3379972

Who is selling?

If you look at the top 30 shareholders, you don't see a lot of foreign funds & big institutions. 1,000,000 shares will get you to position 12 in the list.

healthy order book. Cost of raw materials & foreign workers should be under control by now. New contracts should be able to past the higher cost to end users.

Only 3 persons have posted recently. Soon9913,Justenergy & Knownfact!

I attended the AGM yesterday. The attendance is much better than last year with a generous door gift of RM50 voucher each. My general observation is that the sentiment of management is upbeat in maintaining the past two years performances and has no aggressive growth plans at this juncture.

From the first QR, we can see that the company financial positions are solid, it is good to further consolidate at this time of uncertainty. I'm happy to enjoy 1.5sens dividend per Q in the meantime.

lee0909, I'll be attending the AGM tomorrow.

The ESOS shall be in force for a duration of ten (10) years from the date of commencement from 23 January
2017.
You will see ESOS until 2027. Ha ha

Pantech is more a downstream oil & gas company. The revenue is mainly affected by the outlook of oil & gas companies. However, I believe a substantiate portion of the revenue comes from maintenance of existing facilities.
There is a reduction in revenue in the last quarter and hope that it has stabilized at current level. With 400mil inventory, 11% ROE is amazing.

Fundamentally, the company balance sheet is healthy. It is sitting on 177m cash and the gearing has improved from .31 to .28. A big portion of the loan is bankers' acceptance to facilitate trading. high dividends pay out should be sustainable. I don't understand why the management decided to reduce the trade payable by 105m last quarter?!?

I don't see much growth in the company. PSI & PSA are at 90% but company did not propose any extension plan. Not expecting much contribution from the newly acquired UPE and cost saving from the newly installed solar system. Just wish for a steady performance similar to last year.

At current price, there is still chance to make money.

AR should be out by this week

2 days of good volume. no comments?

volume spiked up?

Anyone attending the AGM?

making a good move, any news?

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3308414

Don't understand your mini bull concept but do agree that this is an excellent business model.

https://www.youtube.com/watch?v=rhLx0ehHbhg

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3302897

Conservatively, if we take the last 4Qs dividend of 5.5 sens, at 63 sens the dividend yield is 8.7%. If we take 4 x 1.5 sens dividend then the dividend yield will be 9.5%.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3300023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3287909

treasure seeker, totally agree with you.

Check the earning per Q for the past 3 Qs. Very impressive

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3286461

volume is here. H
ow far can it go?

Sslee, why is Insas & Inari selling so cheap?

Total cash is 123,414,000 = 77 sens per share

Last QR,
1) short term investment 102,588,000. Cash 20,856,000 ----> Capable of paying higher dividend

2) Reserves 191,411,000 -------> Bonus issue is possible.

Good QR and dividend is on schedule

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3281404

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3274329

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3274325

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3267462

Started shares buy back at 62 & 62.5.

17,086,293 Treasury shares in hand. Can give 1 : 50 share dividend ???

Golden buying opportunity now

file:///C:/Users/Danny%20Chong/Downloads/Perak%20Transit%20220524_Amended.pdf

Aminvest has amended its report to

As at the end of March 2022, its PFF segment’s order book
amounted to RM30mil which will be recognised over the
next 12 months.

thanks TreeTopView.

At first I was also a bit concerned over the lower profit margin.

Does it make sense??????

As at the end of March 2022, its PFF segment’s order book amounted to RM30mil which will be recognised over the next 12 months. We understand from management that there will not be any recognition of PFF in 2QFY22 as the project is expected to be completed in the subsequent quarters.

I did a back of the envelop calculation. the last profit without PFF is 13m & the increase of rental for last Q is 3M. I'm pretty sure they have collected the PFF hence I'll be disappointed if it fall short of that.

Expecting around 16m in profit

I did attend the AGM. Nothing special. QR should be this evening

AGM at 9am on Monday. Usually, the directors will meet on the same day & announce QR in the evening.

The video is by Double Sword. My personal view is it is looking a bit tire at current level. Prefer to enter when the handle is formed. 63.5 should be a reasonable support. I also agree with unclelimhuat & looking forwards to a better QR.