the reason i hold on to pasukhas is because financial history doesnt repeat itself. i'd rather go in at the beginning of the potential profit which are coming soon, i believe. It is not a good company now, but it doesnt mean there wouldnt be any chance to turn around.

is there any PM function in the forum, i cant seem to find the button or you send me a private message

yes, i'm still holding on to my 300,000 shares. It's within my limit, no worries. There are risk involved from the beginning and i totally understand it.

I don't know.. No idea. I'm holding as not hitting my stop loss.
Why worst performing IPO stocks? IPO price is 12 cents.
I'm holding on because I went in at 34 cents and you can find my previous post that my stop loss is 0.28.

@Superman009 Best of luck, it couldnt be that wrong! I'm confident.
Lets make this a conducive environment to make money together. Share more information.

i'm sticking to my personal analysis that big things are coming. I just follow the hot money. Honestly, this is more safer than sumatec and pdz in terms of longer term prospect. Whats the reason they are still on top volume? Isnt Pazukhas more obvious when it comes to big thing coming?

Mainboard listing requires at least 3 yrs profit. They have not qualified but they believe they can. I bought at 0.34 and now in slight loss. Gonna stand by the sideline without topping up. But overall, I'm still ok with holding on to this counter

Can you share with me what's the sentiment of other remisier in other banks towards this counter?

My remisier said its T3 today and he is selling some for other clients also. But majority he has a lot more clients waiting to go in and many have picked up. My account is with OSK.

I'm still break even now.. I will still hold it. Stop loss at 0.28

Another reason, Pasukhas has a healthy cash position with RM13m as at latest quarters and they are arranging for a big chunk of loan with one of the banks. Based on the analysis of my sifu, the only reason they need so much cash is to work on the next project and it shows that they are very confident they will win some of the projects under their RM600m tender book and that's the reason banks are willing to lend them and of course, with the recent 10% offloading of directors shareholding to the strategic partners, it shows that they have started the necessary step to work on the next project with the right person.

I mean it's purely my speculation but if banks are willing to promote them so aggressively, it only means that they are so confident Pasukhas wouldn't lose investors's money and they are very comfortable to promote Pasukhas to people like you and me. Bear in mind, CIMB and AffinHwang are the biggest two investment bank in Malaysia right now and that speaks for itself. They must have known something that we do not know and if you asked me what are the things, I really don't know but I'm in. It couldn't be that wrong. If I wait till the moment they announce they have a new project, the price would have shoot up, to 0.50-0.60 cents. I don't want to be a late comer and I'm very confident something BIG is coming .

@WongHY
I wrote this few weeks ago regarding why I bought up Pasukhas and I just copied and pasted here. Hope it answers

"I'm new here. Attended a Chinese talk and they mentioned Affin, CIMB , and HwangDBS are in full blast mode promoting it and there must be a reason they are so confident of doing it. I read that Pasukhas is aiming for mainboard listing and looking at their current financial situation, they need a big turnaround in order for them to do so. Do the banks know something that we don't know as a retail investor? Who did the directors offload the shares to via direct business transaction? It's 10% and nothing has been mentioned about the buyers. Are they really that important that they could bring in new business that the director are so confident that they could go for mainboard listing in near future. Or are those strategic partners that can bring Pasukhas to another level? "

Mine is 0.60. Bought at 0.34.

For me, it's just a correction, I believe more things to come soon.

Oh is it postponed? :-( I didn't know that.
I'm still holding on to pasukhas.

@trademan
Good analysis. Great mind think alike.
I thought the same way.

it's a dull day but i think the bull is taking a break. I;m heading to CIMB Tropicana on 25th Sept to learn more about the potential growth of the company. a bit nervous.....

Ya... I bought 300,000 units.. Making some profit. Wanna sell some when it hits 0.38 but I guess it shall go above 0.40, my greed told me.

I'm riding on it for higher profit, hopefully. All the best to you all. Make more money

@capt
That was on Pasukhas. Picked up 300,000 units at 0.34. U can read from pasukhas thread. Picked up nihsin today as well. But not much.

Should we buy at 0.86?

Then should I offload some? Or just ride on it with existing position? I'm new here.,,

I mean I just gone in today...

I just gone today as well. Still learning, still improving. But I'm happy to be able to take the first step.

Really? How do you know? Or is it just baseless labeling?

@captain
I really don't know, I bought it at 0.34 and intend to give myself 6 months for this counter to run, hopefully to 0.60. I will adjust the stop loss up along the way.
How about you?

@optimusprime
Wow! That's really mysterious! What's your suggested TP if going in now? I hope to ride on the trend

@traderman can we still buy into this 2 counters?

I'm heavily into this stock since the beginning of May, should have sold off earlier... Errrr.....

So far so good, Pasukhas are performing. Extremely happy with its performance today. 0.35 is holding up well with lotsa support. Strong momentum and I couldn't find any other company as strong as Pasukhas today except KTB.

Errrrr... Very tempted to sell at 0.545 but missed the boat. Still holding on and hope for the best for tomorrow

Bought in 300,000 units at 0.62 and still holding, and still praying hard. When can we see a turnaround?

I first heard about the stock from Dr. Nazri when it was 0.25 and I always wait for it to have a pullback but it always shoot up and I have been missing the boat for few rounds. It's going to hit 0.60 anyway, so I just bought it and wait. The momentum has kicked it and my sifu said this is the sign of healthy breakout. In terms of price action or technical indicators, all suggested confirmation of uptrend movement. I just don't want to stay at the sideline and watch again. I might be losing money but never tried never know. Just participate and make money. That's what I think.

trincylim I'm new here. Attended a Chinese talk and they mentioned Affin, CIMB , and HwangDBS are in full blast mode promoting it and there must be a reason they are so confident of doing it. I read that Pasukhas is aiming for mainboard listing and looking at their current financial situation, they need a big turnaround in order for them to do so. Do the banks know something that we don't know as a retail investor? Who did the directors offload the shares to via direct business transaction? It's 10% and nothing has been mentioned about the buyers. Are they really that important that they could bring in new business that the director are so confident that they could go for mainboard listing in near future. Or are those strategic partners that can bring Pasukhas to another level?

I definitely see that's something is not right and personally I feel that something big is coming. The recent surge in volume has concurred with my anticipation.

So I think big thing shall be coming very soon or else the CFO wouldn't dare to expose himself in so many public events organized by the banks., in promoting Pasukhas.

I picked up 300,000 units today at 0.34 purely based on the forecasted earnings should they go for listing on mainboard, if that is true, the shares will worth at least more than RM 1.55 by then. But mine is a shorter term play with my targeted profit at RM 0.60. Stop loss at 0.285.