6 people like this.

25 comment(s). Last comment by hanzo 2020-11-03 02:09

happ12

852 posts

Posted by happ12 > 2014-08-21 19:59 | Report Abuse

very good article..if one company come out from pn17 status, is it worth to consider buy?Why? Thank you

BUCKBUNNY

1,217 posts

Posted by BUCKBUNNY > 2014-08-22 09:19 | Report Abuse

99% PN17 companies going to delisted,,,why want to take this kind of risks?

speakup

27,031 posts

Posted by speakup > 2014-08-22 09:22 | Report Abuse

Think of Ho Hup.

kmohan62

484 posts

Posted by kmohan62 > 2014-08-22 09:25 | Report Abuse

PN17 companies are denoted in red by Bursa as a warning to potential investors..but for many greed prevails over commonsense...hence their lost...they are the creators of their own down fall...as such can one blame others.i.e the authorities,the manipulators etc??

speakup

27,031 posts

Posted by speakup > 2014-08-22 09:42 | Report Abuse

u must differentiate the good & the bad PN17 companies. good ones are like Ho Hup & Sumatec. bad ones, there are many to name.

shinado

413 posts

Posted by shinado > 2014-08-22 10:33 | Report Abuse

Nice writing about PN17. There are good companies going to PN17 soon such as Jobstreet and it is because they are selling their main business. I think we should scrutinize PN17 companies and understand why they are in PN17 first before making any buying decisions.

kmohan62

484 posts

Posted by kmohan62 > 2014-08-22 10:33 | Report Abuse

PN17 companies are what they are..!!There is no such thing as good PN17 companies...for the simple fact that they have been designated as such...for a reason..a PN17 company maybe perhaps becomes a ` good' company when they have fulfilled all the requirements attached to their upliftment!!...than an investor may consider buying these companies...buying into these companies based on all kind of rumours or statement coming from major share holders and interested parties is an act of getting one into a well setup trap..lets not greed prevail lest in the end one will end losing ones hard earned money...in the process blaming the authorities of not protecting investors..bla..bla..bla!!

Posted by raymondanoh > 2014-08-22 12:39 | Report Abuse

there are many good companies listed in KLSE why must we go near those PN17 companies?. Who do we blame if we are holding delisted companies?.

Posted by talentgrade > 2014-08-22 17:06 | Report Abuse

@buckbunny, may I know was is your source of 99% PN17 companies going bust?

Posted by talentgrade > 2014-08-22 17:06 | Report Abuse

*what

Ayam5

52 posts

Posted by Ayam5 > 2014-08-22 21:37 | Report Abuse

What Lah, I bought PATIMAS 2 sen and sold 12 sen leh, (though not that 20 sen highest, 500% profit is good leh, Ayam Tua lagi hebat, dia beli PATIMAS 1.5~2.0 sen PATIMAS banyak-banyak lepas tu jual 14-19.5 sen. Lagi hebat daripada saya.

candlewick

120 posts

Posted by candlewick > 2014-08-22 21:38 | Report Abuse

Nice writing, but whatever it is; the choice is theirs.

Ayam5

52 posts

Posted by Ayam5 > 2014-08-22 21:39 | Report Abuse

そして、Ayam Tua not put too much $$ there lah, dia meli manyak EAH @ 12.0 ~ 12.5 sen, nearly habis sapu semua EAH @ 12.5 sen hari tu, sekarangan, masih 16.5 sen walapun overshoot 19 sen.

Tak apa, mahu untung, TAK PERLU JUDI PN17 company. Buy good company stock if they were press down by Fam Jenny.

Ayam5

52 posts

Posted by Ayam5 > 2014-08-22 21:39 | Report Abuse

Grace CSW I LOVE YOU like I love Ayam Tua

saltedfish

3,282 posts

Posted by saltedfish > 2014-08-23 08:10 | Report Abuse

Next PN17 entrant, Liihen

DreamHunter

10,922 posts

Posted by DreamHunter > 2014-08-23 16:07 | Report Abuse

This is an extremely simplistic treatment and analysis of distressed firms ... I'm really disappointed with the author ...

Not all PN17 companies are beyond redemption ... As many gallant white knights could readily attest to ...

A PN17 firm rescued by a experienced, responible tycoon and successfully turned around with an effective and credible turnaround strategy would give much vaster ROI much than a solidly performing company ... It's only logical ...

DreamHunter

10,922 posts

Posted by DreamHunter > 2014-08-23 16:32 | Report Abuse

As an author he should make a serious effort to present a more balanced view ... But what has done is just project himself as an out-an-out anti-PN17, anti-distresed-firm activist ...

Posted by itjustabouttheprofit > 2014-08-23 21:51 | Report Abuse

not necessary u cannot invest in PN17 company. If their turnover plan is good, u can buy it at low price. Let's say if the comany successfully transformed from PN17 to profitable company, you return will me very huge. Best example will be Ideal Suncity. Their shares soar more than 300% after uplift from Pn17

speakup

27,031 posts

Posted by speakup > 2014-08-23 23:14 | Report Abuse

Not all PN17 are bad. There are some good ones which managed to restructure to become stronger than ever, such as Sumatec & Ho Hup.

Posted by Evkarti Evkarti > 2017-12-19 22:26 | Report Abuse

Tq info

somersby

1,881 posts

Posted by somersby > 2018-02-05 17:31 | Report Abuse

Sumatec is to die soon

skyu

2,497 posts

Posted by skyu > 2019-03-01 10:55 | Report Abuse

currently, there is 0% chance of armada in pn17 bracket. but, do you guys really know what is pn17?

Goh Kim Hock

3,129 posts

Posted by Goh Kim Hock > 2019-03-01 11:07 | Report Abuse

Normally I will stay away from PN17 companies. Protecting the capital is always important.

freddiehero

16,722 posts

Posted by freddiehero > 2020-09-05 14:47 | Report Abuse

I have DAYA pn17.

hanzo

72 posts

Posted by hanzo > 2020-11-03 02:09 | Report Abuse

no mater where is ur ship it doesnt mater as long as you steer it.

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