Their main profit source is terminal operations. And their terminal operations have very high margins as well. I don't get why you all so focused on their bus operations. And unlike KTB, they have multiple revenue streams.
About 2 year ago few articles wrote on this terminal.....underutilised, white elephant project, isolated terminal, Ipoh people don't like it, proposed another mini bus terminal in ipoh, allowed certain bus like plusliner, Maju etc to pick up and drop passengers at other places, PR govt especially DAP against this terminal...... best to study first....especially expected GE is next year....perhaps after CNY.
If this is the case, this was 2 years ago. Right now things are very different. If you go there during the holidays, you will see traffic has increased.
a new theme park will be open near the perak transit bus station. More housing project include Pr1ma housing at that area. Good feng shui. Growth stock.
Bus will the be #1 mode of transport as more ppl sell their cars and switch to public bus transport. This will increase Ptrans top line and bottom line. Rated BUY for the longer term.
A quick glance on the prospectus ... Gerakan President Tan Sri Chang Ko Youn is the Chairman of Ptrans, Bank Muamalat Venture has also stake in this co, MTD as well.
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steel88
28 posts
Posted by steel88 > 2016-09-18 18:27 | Report Abuse
KTB(other listed bus company serve M'sia) only 14.5 sen why Perak bus company can do better?