honestly, don't think it's that easy to takeover and viability of that speculation. Just hope and pray the results is good next week... else it's heading south

hang on, should be good results

yes

flat versus same quarter last year. doesn't seem impressive

market is bad , stop acting like you're pro, Michael Kock

should be sell.. keep diving

sure or not rr88?

what's happening to UWC?

Paktua ftw

hold until next results, hopefully those seller will regret

don't worry, that's where the revised TP comes in.

yup, that's the ballpark figure ozymandias. Let's wait for the next quarter results, it will be even better if the QoQ is higher

lol Bursalord888 delusional

add!!

good time to accumulate!

don't kena burn can d bro

Chill la... fly too fast.

goodiewilly, I would rather all keep to facts than spreading fake news left right centre. And of course you panicking high and low...

none is correct. Cause both know nuts

news or no news doesn't really matter, because no ekovest is not party to it - it's IWH

dead

time to buy in again

Admin, can you ban InvestorKING for keep spamming everywhere

Negan.... it's this week la. And stop smoking crap

i thought the first tranche of the pp has been completed?

paktua averaging down more?

well said Teik Bee. Ignore those losers

paktua has been quite quiet. Sapu or run d paktua?

pro paktua. respek

so what's your move today pak tua? fight in the blood sea ocean and buy more?

paktua averaging down?

paktua never masuk?

haha hng33 - you're just awesome

paktua averaging down somemore?

i don't think botak is as dumb as you keyboard warrior rr88

what's happening to the share price, keep tanking?

slts is spreading false news... seriously get a life la...

The banks vs Uncle now

Thanks Uncle Koon. May you be blessed

Just out of curiously samflyer, you bought the counter because it formed bearish engulfing - I thought that's a bearish signal.....

no

looks who is the sorchai now. Keep shouting 2.20

Prince4, you meant selling it cheap to you, so that you can have the New Year red envelope? Try harder

don't even know what are you talking Prince4

banker finally show up? what's the meaning

It was believe that he sold off, and use the money to convert his LA....

kenie, please read the earlier thread before commenting...

Well you could look at it differently. The company valuation was made back in 2017, and the profit guarantee provided for FY2019 was RM20.5mn back then, which has now increased to RM25mn - which ineffectively translate to ~RM45mn going on the same P/E. In other words, the prospects or earnings of the business improved - thus valuation is higher. Come on, if it's a public listed company, the share price would have run up if the earnings improved or expect to improve, and you would pay more for the shares 1 year later, right? Pure logic and immature analysis.

That said, I do agree with the article that profit guarantee should be paid based on the purchase consideration adjustment rather than just purely shortfall in the earnings, which favor the seller

On PUC's ability to repay, I think it's not fair to look at just Sep '18 cut-off on their cash position, because the business has did a few placement and also conversion of the LA if I recall the last few months. Which has ineffectively help to build the war chest. Conversion of the WA/WB this month would be helpful to build up the cash buffer further.

And on CCC pocketed money? First the deal is not done, so he hasn't (and he's not getting all the money). If he really want to pocket more, I believe he could have just list the business separately or sell it to MNC and pocket at even better valuation than 9x multiple he's getting now. That said, I believe he's smart enough to think of building his credibility as a young company and focus on the business, he will be much better off if the business takes off in future to be a billion dollar market cap - rather than what you all claim pocketing money & screwing up his own future... It's his baby anyway Pictureworks

He wants you to sell to him because he knows there's upside to it. Simple

And it's your own decision whether you want to invest based on TA or FA. PUC's TA is probably less appealing than ever, but an educated investor will think about future earning prospect and enter early when everyone is skeptical.

And that's how the concept of forward PE or DCF comes into picture, assumptions of earnings viability. That's FA assumption at play not "sugarcoating" it. Well the fact is Pictureworks is doing well and earning accretive to PUC, while 11street might continue to drag the earnings as how Lazada is.