1,2b Project in Labu according to The Edge

warrant at discount, exercise price RM0.10, expired in 2024. Good buy

Stock: [PA]: P.A. RESOURCES BHD

May 26, 2020 7:42 AM | Report Abuse

PA has recorded a net profit of RM4.3 million after tax on the back of a turnover of RM164.9 million for the year end June 2019

YTD(3Q) PA recorded 6.123m net profit & turnover 148.75m

Assuming in 4Q PA maintain rev & profit as 3Q ---- Whole year profit ~9.333 m , rev 200.25m. Net profit is 116% increase up compare 2019. Think 4Q results will be better than 3Q due to AL price drop(7.5%), RM weaken(3%), diesel price drop(30%) & economy of scale.

PA's price chart range from 0.045 to 0.75(not consider MCO price drop to 0.035). for last 2 years (since Aug 2018 - last Q PA making loss), With almost 2 years of profit now & recorded 100+% profit grow compare 2019, PA price should easily make a new high. Downside risk is low compare potential gain.

Alreday 2Q's profit at 3 years high, price also should break new high.


REV PBT NP NP TO SH
Financial Year: 30-Jun-2020
22-May-2020 31-Mar-2020 51,532 3,274 3,210 3,210
20-Feb-2020 31-Dec-2019 53,894 2,261 2,261 2,261
27-Nov-2019 30-Sep-2019 43,331 652 652 652
Financial Year: 30-Jun-2019
22-Aug-2019 30-Jun-2019 37,288 1,491 1,412 1,445
24-May-2019 31-Mar-2019 39,889 673 605 605
22-Feb-2019 31-Dec-2018 43,933 1,041 1,041 1,041
29-Nov-2018 30-Sep-2018 44,003 1,280 1,280 1,280
Financial Year: 30-Jun-2018
29-Aug-2018 30-Jun-2018 29,020 -5,863 -5,863 -5,816
28-May-2018 31-Mar-2018 31,318 -2,807 -2,807 -2,807
27-Feb-2018 31-Dec-2017 21,297 -7,231 -7,231 -7,231
24-Nov-2017 30-Sep-2017 28,895 -3,299 -3,299 -3,299
Financial Year: 30-Jun-2017
29-Aug-2017 30-Jun-2017 24,033 -8,538 -8,538 -7,978
26-May-2017 31-Mar-2017 25,481 -2,775 -2,775 -1,980
27-Feb-2017 31-Dec-2016 24,414 342 342 342
23-Nov-2016 30-Sep-2016 23,754 -1,803 -1,803 -1,803
Financial Year: 30-Jun-2016
26-Aug-2016 30-Jun-2016 26,966 -4,970 -4,970 -4,970
25-May-2016 31-Mar-2016 25,229 -3,994 -3,994 -3,994

https://klse.i3investor.com/blogs/bentongchangsifu/2020-07-28-story-h1510783965-A_new_beginning_for_PA_Resources.jsp

boss buy in a lot. ready to fly

much better than PDZ, VC & Tawin. Solid company should retest 0.115

profit break new high, price should break 0.075. Ready to rocket

hope is Bramal come in

yes, limit up. Tomorrow 150 minimum

mbl warrant at discount, exercise at 0.80, 1 to 1

We are pleased to announce that several new products of SMP have come to the final stage of assessment by the regulatory bodies in 2019. Upon approval by the regulatory bodies, the Group plans to ramp up SMP’s production capacity by 10% and mass-produce the new products in 2020. These new products have a strong and stable demand in the medical device market. We also expect that our key clients will take up most of these new products upon manufacturing

We also strive to produce new products with higher product sophistication and higher value added. The Group’s next phase of growth, in its pursuit to become an important global player, will be in the area of various next generation technology products such as electric vehicles and cutting-edge medical devices

Supercomal Medical Products Sdn Bhd (“SMP”), we are confident to sail through any arising challenges on the back of higher new product orders. In addition, given that SMP is a key supplier to two of the world’s leading medical device makers as elaborated below, we are sanguine of the Group’s prospects in FY2020 amid current market challenges.It should be noted that several key products of SMP are utilised in critical medical devices that are needed in the treatment of COVID-19 patients. Among the critical medical devices are disposable bronchoscopes, which are used in the first line of lung treatment for patients with suspected or confirmed COVID-19 infections, and the critical care monitoring cable that is presently being used for COVID-19 patients in the Intensive Care Unit.

With a stronger business volume from existing and new clients, we are confident that SMP will help the Group sail out of troubled waters. In addition, with several new products in the pipeline for 2020, this will provide further boost to the Group’s financial performance. Overall, we expect SMP’s revenue to increase by 30% to 40% in FY2020

Investors are collecting at 0.055, buyers start to become more & since last week. Hopefully engine will start soon. Long term players will laughing look at the bank ACC later. Company open during MCO really is a good news. well done! you are really do homework!!!

Inventories up good for company, buy cheap raw material sell at same US dollar make more $$$$$. C comments from limyauc


limyauc https://markets.businessinsider.com/commodities/aluminum-price

https://www.bloomberg.com/quote/USDMYR:CUR

i)Aluminium price drop in the month of Apr & May - drop by close to 7.5% to 10% VS AVERAGE JAN TO MAR- margin win will increase due to 70 to 80% of Raw mat cost is AL ~2.6M SAVING/PROFIT

ii)Forex gain around 3% in APR & May VS AVERAGE JAN TO MAR. ~ 1.5M

Don't worry, in top 30 shareholder no fund is holding this company,