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.

Looks like a strong opening

standing very firmly at 67 indeed.

DragonG, you are welcome.

Looking good

https://www.youtube.com/watch?v=TblNVyi0vRk

Great QR. 1.5 sens dividend

moving up to 65.5 cautiously

Yes, mopping up the weak holders at 64.5

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

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

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

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.

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.

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?

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.

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

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

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?

TreeTopView, what do you think?

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3251283