this counter is worth watching now that the father and son have left the company and it has a new owner which is serious in getting into the O n G biznes.

Boustead has announced that it is acquiring 80% of PFCE shares. Thats good news. From whom did Boustead acquire? From the 2 jokers, father and son who did nothing good to the company. Got contract from Petronas.but did not deliver. Only knows how to siphon money or make easy money by selling assets!! Look at what happened to perwaja and other companies where these familiar names had been involved for umpteen years? Nothing good to offer. Now that Boustead has taken over, at least theres some light, some hope that it is in good hands!!

This company tried to venture into O & G biznes thru its connection with Tun Mahathir who was then the chairman of Petronas. Contracts, projects were given to this company but it did not deliver!Kaput!When Tun left Petronas, 2 of the directors of this company left....ya la no more good connection at Petronas and record at Petronas was bad!!Is it still involved in the O & G biznes or back to the pottery biznes??Its website says nothing about O & G....only pottery biznes!

still holding a lousy counter? Hai Ya!

Dont waste time on this type of counters. Ciput!!

Told you so! Price of PFCE shares have plunged!!Its a no hope. My friend has been trying to sell the shares but no buyers!! Almost everyday no volume no trading! Nobody interested to even buy this counter and the directors are doing nothing.Real kaput company!!

At the moment, they are suppressing the PFCE shares and then they will push it to make it look good and what will happen next? They will announce a rights issue. An advice, do your homework, check all records of not only the company but also the men behind the company.Track records dont lie.

Be careful. To raise money, the company will call for RIGHTS.A simple way to raise funds to finance its projects. A simple advice if you are holding the PFCE shares. Dont get conned, if you dont want your hard earned cash to get stuck, dump the shares to avoid subscribing to the rights!!Invest in other O & G stocks such as SONA, CLIQ or BARAKAH which are better bets.

Track records dont lie.Most of the directors of PFCE were either in or had links with Perwaja, Maju or Ipmuda before. Have we heard these companies giving dividends? They didnt even perform in the O & G biznes. They drive flashy cars but minority shareholders got their money stuck!! The directors have to buck up, know their biznes and more importantly, deliver!(especially when their past records arent good).

If PFCE calls for rights on its shares, my personal advice, DONT subscribe! Your money will be stuck!! You will not make money but loose money. Better to invest in shares where theres dividend yield and the shares appreciate.Not this one. Never!!

Talk to those in the O & G business or those in Petronas, and they will tell you that PFCE has failed to deliver!

Becareful!! This company will make all sorts of announcements. Dont be conned! Dont put your money in its shares. No dividend and the shares remain laggard!!Meanwhile, its directors and owners make tons of money!! If you dont believe, check on Perwaja, Maju and Ipmuda. Records are there for all to see.

For our infor, the people who are at the helm of this company, PFCE are almost the same people who were in Maju, Ipmuda and Perwaja, companies with poor track records! The directors make money, tons of money but shareholders are left in the lurch! So be careful!

Just go to its website and you will be amazed, the company is not an O & G outfit but is involved in pottery!! It has been many moons since they took over the pottery company and yet this simple thing, its website is not updated!! Doesnt this speak volumes about this company? An advice given to me by someone who used to work in this company (PFCE), stay away from playing its shares!!

I dont trust the people in PFCE. They are good at getting contracts wiith direct nego and after securing the contract, they just sell it off and make some profits. Their track record in the O & G business isnt good, they cannot deliver eventho the contracts are given to them on a silver platter!!!

Mother share up, warrant also will go up. Cant really tell when exactly but worthwhile to hold.Buy n lock it n dont think about it becoz it will definitely go up...up up and away!

Patience man. Deals already sealed. Will announce one at a time.But must hold. No contras.

Yes the owner (MD) for CLIQ...just hold on n Sleep soundly. Nothing to worry. Only time will tell (not for long!!)

My friend who knows the owner told me to hold tight.

Anybody has any idea about this stock? I was told the company got millions of contracts in O & G but it doesnt perform and cannot deliver! Contracts easily acquired through the close contact of the owner with those controlling the O & G industry but sadly, the company fails to perform and deliver! If one goes to its website, ayo ayo, its more on pottery than on its O & G biznes which just shows how lousy this company is! Cant even come out with a decent website.I am not surprised this company is just a shell company to siphon money for political agenda !!

doesnt make sense lah this co loosing money and yet proposing rights issue. A way to siphon money from shareholders. Just wondering whether SC will approve the co's proposal!!

Ya correct la. this share not worth to keep. Directors living luxuriously at the expense of shareholders! Dump the shares and wait for the directors to come out with something more positive, bzneswise!!

good luck to those who just bought or still hold this share. Look forward to a real long winter!!The directors are just sharing the harvests among themselves and not interested to push the price of the share!!

A con company

Once delisted, god knows whether it will be listed again. Just look at Intelligent Edge which has been delisted. The directors didnt make any genuine attempt to revive or save the company from being delisted simply because they already make their pile and stripped the company naked. Again, small investors are the big loosers.These people are crooks!

Real lawya company. Company making money but no dividend and share not moving at all. Why keep or play this counter? Dump and move to other counters

Ya agreed, most of the time the directors have stripped the company bare before it gets delisted and small time investors are the big loosers! When these companies go for listing, they promised the moon but not long after the listing, either no dividend being given, the company goes into the red or the company goes bust!! Has the SC done a good due diligence job on these companies before the listing?? God knows!!

Not too long ago it was reported that there was a tussle to take over the company but the attempt failed but soon after that episode,the company faced this problem of being delisted....could it be a con attempt by 'friends' of the directors??

The company is making money and apparently is full of cash but the directors are enjoying all the cash