But it already had its pullback down to 37cts early march. Well, thats just your opinion.

Presbhd didn’t go up like how Dayang did. Dayang literally shot up in a short timeframe. Pres still struggling to go up.

So Jermy done FUD’ing in Dayang forum and now he’s here to FUD Presbhd

Without SKIN also they got 200M profit last month la

So many speculators. Just wait till June la hahaha

Alot of short seller here lol

Also I want to share some fundamental & techinical based on my own opinion.
Fundamental wise,
1) Pres projected profit around 10M after SKIN was canceled. (not bad)
2) On 31st Jan 2019, Gov renewed Pres license to distribute Microsoft software in M’sia. (This is what made me to buy more lots XD)
3) reported profit 200M+ this Quarter. (Even with SKIN cancellation)
Technical wise,
1) This weeks price breakout was due to a long years of downtrend that created a trend reversal (note the all-time-high volume)
2) Breakout to 59cent was to close the price gap on 28th Nov 2018. (Price gaps are real)
3) Next price gap is at 89cent and Rm1.60.

This is merely based on my own research, so jangan kecam wa!

Yu_and_mee, whatever you said earlier was very true. This is how a true investor should think. To me, Fundamental wise on Pres is thought as a win-win solution even if SKIN continues or not. And Technical wise, if you see on the monthly chart, we have a clear trend reversal pattern (bullish). So as an investor, we should consider both ways. If considering fundamental only, we can view negatively, but if technical shows a breakout, then we will still have a price pump even with negative news. Cause there’s 2 type of traders. 1 who trades the news and 1 who trades the chart. Being smart is to trade both sides.

Dude, all this price movement from 30sen to 46sen was based on compensation expectation. Why you guys keep asking for SKIN? With or without SKIN, this counter will still fly no matter what la

Friday is usually the sell-off day and nothing to do with panic selling. It happens on all markets. Then Monday boom again.

where can I find anything to do with Dividends?

Technical:
Check PRESBHD on Monthly chart.
Ref: https://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:candlestick_bullish_reversal_patterns

rr88, thats not a bull flag. Thats a bearish pennant on a downtrend. But because of speculation, we had high volume to break the downtrend, thus acting as a trend reversal.

Kc Teh, thats obvious right. The KWAP buy at cheap price and then Pres announce about revival. Lame manipulation

They have to say “not aware of any news”, no means they have to explain to Bursa why the price went up high like what happened to Lafarge.

Obviously Prestariang is not aware of the revival, cause its KWAP’s statement who said it would propose a lower cost if it can be revived. KWAP being a major shareholder, has a say in it too. Later after Pres knows about KWAP’s intention, then they announce again. Market manipulation la all this.

https://www.theedgemarkets.com/article/bursa-says-prestariang-stock-regulated-intraday-short-selling-suspended-today

Dragon, tu cerita Disember 2018. Tak erti baca?

I say again,
SKIN revival = profit
SKIN cancel = compensation = profit

Just buy and hold till July la.

karen koh, i understand what you’rw saying but why you keep telling here to sell? Want to buy cheaper?

Not sure if now compensation or SKIN continue. Continue can be anytime.

Well, who didn’t see this coming right

IMO, this counter will profit either way.
SKIN revive = profit.
SKIN cancel = compensation = profit.

Current Stock Name : PRESBHD
Current Financial Year End : 31/03/2019
New Financial Year End : 30/06/2019
Remark : The Board of Directors approved to change the financial year end of
the Company from 31 March to 30 June. The audited financial statements shall
now be for a period of 18 months from 1 January 2018 to 30 June 2019. The
change of financial year end is in line with the ongoing negotiations for
compensation arising from SKIN Project. The Company expects to be in a better
position to take a view on the compensation sum arising from these negotiations
by the close of the extended financial period.
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

After 2 years and you post here?

Buy cheap as in they want the price to deop below 45c la of course...

All whining here about “pump and dump” “operator manipulation” “fake orders” bla bla bla , are just those who wants the price to dump so they can buy cheap. Come on la, its old skol

“Fearful when others are greedy and greedy when others are fearful.” - Warren Buffet

Currently this thread has many bearish fearful views on this stock. All-in!

@steveninvest keeps shilling Techfast lol

Funding using Blockchain

There’s a ‘gap’ still open at around rm1.50 on the hourly chart. Expecting it to close.