same have big chances like ASB, ASB after Johore election fall 3 cent till 0.09, two week later return to 0.12( up 33.3% from 9 cent). PUC this week either drop to 0.065 or return to 0.100(also 33.3% from 0.075) less then two weeks.
Beware PUC has audit issue now. Perhaps that's just the beginning when you read the external audit report besides the summary given by the company. Hence the cumulative loses all these years after rights issues and consolidation.
TheRealJhoLow, all their hard earn hand to big boss already, so all went Holland hiding. The richer become richer, the poorer (invest puc) become poorer, hahahaha
This CEO CCC always look at girl picture hit aeroplane .. you think will fly ka ? hahahha now all PP bosses forsaken this company already la.. time to wake up
PUC ...15 QTRS OF LOSES. EVEN IF THIS COMPANY GET THE LICENSE, wonder how on earth it can do the job,no money, 15 qtrs of losing money experience. biggest jokes about Malaysia
only "get out of jail" card for those that bought is it become a potential reverse takeover target. If not:- (1) rights issue to carry on as a going concern? (2) 2 sen here we come and deja vu, 5 shares consolidated into one?
Looking at the external auditor limited qualification of the Co accounts FYE Dec 2021 the outcome could be different from what was reported in Feb '22. Hence the heavy plunge last Fri coincided with BNM announcement of 5 successful bidders. Other unsuccessful bidding counters fell likewise but not at such drastic quantum as PUC from last Fri range 0.13 - 0.075! It slipped even further till 0.055 today. Moreover PUC was trading downward over the month prior to BNM announcement. Something very strange and some strong justifications are required to such dire state of PUC.
collecting for? Have a look at the latest audited accounts. Where is the fund to sustain it's monthly operations going to come from? Unless collecting to subscribe to rights issue later?
The BOD is fully responsible and accountable for the financial and operational affairs of the Co. Their performance has been dismal and moreover with the current depressed price level of the stock they'll face shareholders reprisals. They're seeking reappointment in the coming AGM and they're likely to face removal.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....