danchong

danchong | Joined since 2012-08-24

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Stock

1 month ago | Report Abuse

treasure seeker, totally agree with you.

Stock

1 month ago | Report Abuse

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

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1 month ago | Report Abuse

volume is here. H
ow far can it go?

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1 month ago | Report Abuse

Sslee, why is Insas & Inari selling so cheap?

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1 month ago | Report Abuse

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

Stock

1 month ago | Report Abuse

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.

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2 months ago | Report Abuse

Good QR and dividend is on schedule

Stock

2022-06-16 11:05 | Report Abuse

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 ???

Stock

2022-06-13 12:36 | Report Abuse

Golden buying opportunity now

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2022-05-25 10:19 | Report Abuse

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.

Stock

2022-05-24 11:39 | Report Abuse

thanks TreeTopView.

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

Stock

2022-05-24 11:07 | Report Abuse

Does it make sense??????

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2022-05-24 11:05 | Report Abuse

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.

Stock

2022-05-23 16:23 | Report Abuse

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.

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2022-05-23 15:57 | Report Abuse

Expecting around 16m in profit

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2022-05-23 15:56 | Report Abuse

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

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2022-05-20 12:28 | Report Abuse

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

Stock

2022-05-10 10:58 | Report Abuse

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.

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2022-05-09 08:49 | Report Abuse

Looks like a strong opening

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2022-05-06 13:22 | Report Abuse

standing very firmly at 67 indeed.

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2022-05-05 16:38 | Report Abuse

DragonG, you are welcome.

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2022-05-05 09:45 | Report Abuse

Looking good

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2022-04-28 07:07 | Report Abuse

Great QR. 1.5 sens dividend

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2022-04-27 10:02 | Report Abuse

moving up to 65.5 cautiously

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2022-04-26 11:07 | Report Abuse

Yes, mopping up the weak holders at 64.5

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2022-04-25 11:12 | Report Abuse

From the AR, I notice there are more fund investors. Number is more but no substantial one

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2022-04-25 08:29 | Report Abuse

Emox, He is hungry. More projects to be announced soon.

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2022-04-22 10:20 | Report Abuse

This time play for real???????

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2022-04-19 16:18 | Report Abuse

MY thought on the PP is since the management has decided on this path to expediate the development of the company so be it.

It is good to note that the boss is aware that this PP could and in fact did cause the short term players to leave the counter momentary hoping to return at a lower cost. He was acquiring more share at the 60 sens level on Monday.

For the mid term players, the EX -dividend date is 28/4 and the highly anticipated better QR is to be announced end of May. During this period, the share prices should be able to hover around the current level.

For the long term investor, the growth in profit has to be generated rapidly to provide a bigger cake for all to share.

Stock

2022-04-19 08:45 | Report Abuse

Imho, I don't think the PP is required although it might expediate the process of signing more TMCs. The rest are all budgeted and could be easily satisfied by the near term internally generated earnings.

On the issue of improved share liquidity, it contradict of their previous move of share consolidation of 3 into 1.

Sifu TreeTopView brought out a good point of cornerstone investor(s). I think Knownfact also hinted on Dato' Eddie Ong could be the candidate. I totally agree that all already been arranged as suggested by the tight timeframe involved.

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2022-04-19 08:33 | Report Abuse

Good to see so many sifus in this thread.

In the Star report today, Ptrans ESG rating to improve because of the electric buses, will it contribute positively to the bottom line of the company?

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2022-04-17 16:52 | Report Abuse

The issue price of the Placement Shares shall be fixed by the Board at a later date after the receipt
of all relevant approvals for the Proposed Private Placement based on the prevailing market
conditions and the 5-day volume weighted average market price (“VWAP”) of PTRANS Shares.
The Placement Shares will be priced at not more than 10% discount to the 5-day VWAP of PTRANS
Shares immediately preceding to the price-fixing date for the Placement Shares.
For information, the 5-day VWAP of PTRANS Shares up to and including the LPD is RM0.6019.

Stock

2022-04-17 16:48 | Report Abuse

indicative issue price of 60 sen per placement share but not confirmed

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2022-04-17 11:17 | Report Abuse

let's see how the market react to this proposal in the coming few days

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2022-04-16 13:19 | Report Abuse

The Board, after due consideration of the various fund-raising methods, is of the view that the
Proposed Private Placement is the most appropriate avenue for raising funds as:-
(i) It enables PTRANS to raise additional funds without having to incur interest expense or service
principal repayment as compared to conventional bank borrowings. This allows the Company
to preserve cash flow for reinvestment and/or operational purposes for further growth;
(ii) It is an expeditious way of raising funds from the capital market as compared to other forms of
fund raising methods; and
(iii) It enables PTRANS to strengthen its equity base which in turn may potentially increase the
liquidity of PTRANS Shares.

Do you agree?

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2022-04-15 20:40 | Report Abuse

TreeTopView, what do you think?

Stock

2022-04-15 11:26 | Report Abuse

Moving up nicely.

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2022-04-14 14:00 | Report Abuse

473,000 shares at 61 sen was mopped up in the morning session.. Are we heading towards the immediate resistance of 63.5 now?

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2022-04-12 15:08 | Report Abuse

Market responded at support level of 59 but capped at 61???

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2022-04-11 09:23 | Report Abuse

TReeTopView, I share the same feeling

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2022-04-06 15:12 | Report Abuse

DickyMe, do you think the buying is fake?

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2022-04-04 13:28 | Report Abuse

Can sense some buying interest for the past two days

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2022-03-25 11:36 | Report Abuse

What is happening today? Price inching up but volume has shrunk?

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2022-03-25 09:01 | Report Abuse

For those who are concerned about the impact of raising interest rate & oil prices.

Are interest rates upcycle and higher crude oil prices affect PTRANS bottomline? Although the market may speculate the inevitable rate hike by BNM in 2H22 will affect fixed asset operators such as REITS due to increase in the cost of borrowing, we note that majority of PTRANS’ borrowing is dominated by Sukuk Murabahah - 98% of total borrowing in 4QFY21, with an outstanding RM100m of the RM500m facility unutilized – where PTRANS have interest rate cap as preventive measure (source). Also, the increasing diesel price that was driven by the surging global oil prices will not impact PTRANS materially much as the group’s bus have been pumping subsided diesel which is fixed at RM 1.881/litre (vs current price of RM2.15).