Posted by BlackBeard > 2018-01-12 15:34 | Report Abuse

50c let’s go

Posted by fkser > 2018-01-13 21:52 | Report Abuse

0.295 coming soon

Posted by zekuan > 2018-01-14 12:24 | Report Abuse

E wallet news already long long time for this counter...
Still continue with only this news ke??

Posted by nklye > 2018-01-14 15:39 | Report Abuse

Last Friday, a big buy que at 0.31. Sort of blocking anyone who intend to sell lower than than that price.

Posted by pang72resinpeace > 2018-01-14 16:40 | Report Abuse

I bot PUC because of its RE business last year,,, mid 2017 comes out of e-wallet pulak,,, end of 2017 RE business no more,,, then come out with PW pulak,,, later e-wallet tak jadi,,, duno comes out apa pulak...

Posted by zekuan > 2018-01-14 19:26 | Report Abuse

After e wallet...nothing else....

Posted by fizzybankz > 2018-01-14 21:00 | Report Abuse

PUC will be buying the 33% equity interest in Pictureworks from several vendors including its group managing director and chief executive officer Cheong Chia Chou, who is a major shareholder in both PUC and Pictureworks.
PUC will be buying the 33% equity interest in Pictureworks from several vendors including its group managing director and chief executive officer Cheong Chia Chou, who is a major shareholder in both PUC and Pictureworks.

KUALA LUMPUR: PUC Bhd is proposing to buy a third of the shares in a company that provides imaging services to Kidzania and Legoland for RM52.8mil under a plan to expand its advertising and media revenue base.

The acquisition of Pictureworks Holdings Sdn Bhd, PUC said in a filing with Bursa Malaysia yesterday, is expected to generate more than a quarter of the group’s future profit.

“The board has identified the imagery capture sector as new business segment to enable the PUC Group to expand its business portfolio and to diversify its revenue sources,” PUC said.

The acquisition will be settled via the issuance of new shares and cash.

PUC will be buying the 33% equity interest in Pictureworks from several vendors including its group managing director and chief executive officer Cheong Chia Chou, who is a major shareholder in both PUC and Pictureworks.

The company said Cheong and all parties connected to him will abstain from voting on the proposed acquisition.

To pay for the acquisition, PUC will be issuing 64.6 million new shares to the vendors at 32.2 sen each amounting to RM20.8mil.

A cash settlement of RM32mil will be made on a staggered basis upon meeting certain profit guarantee.

Shares in PUC, which had shot up almost 400% so far this year, was last traded at 32 sen.

PUC said Pictureworks has provided a profit guarantee of at least RM14.8mil for the financial year ending Dec 31, 2018 (FY18) and RM20.5mil in FY19.

Pictureworks and its subsidiaries (PW Group) are principally involved in the provision of imagery capture and distribution platforms for theme parks, leisure and entertainment industries as well as licensing of imagery systems.

It has offices in Singapore, Malaysia, Hong Kong and China. The company is the official imaging service provider for some of the major international theme parks and attractions such as Kidzania Kuala Lumpur, Legoland in Johor, Singapore Flyer, Hong Kong Disneyland resort and Shanghai Disney Resort.

At present, the PW Group imagery system services are being offered in theme parks, water parks, tourist attractions, holiday resorts, and other attractions totalling more than 30 sites.

“The proposed acquisition also provides PUC with the opportunity to tap into the PW Group’s large database of customers to cross sell PUC’s recently launched social marketing platform called “Presto” which aims to benefit shoppers and sellers with digital tools, creative rewards and marketing solutions,” it said.

PUC is targeting to complete the acquisition in the second quarter of next year.

It will also need to call for an EGM to seek shareholders’s approval for the proposed business diversification.

Posted by zekuan > 2018-01-14 22:47 | Report Abuse

GOOd

Posted by jjs2 > 2018-01-15 12:29 | Report Abuse

support at 0.31, but it under MA20, it break support line, it might go down further..downtrend sign and will touch at ard 0.29...hopefully im wrong.. T.T

Posted by jackielee22 > 2018-01-15 12:41 | Report Abuse

dont worry, still on 20ema and rsi support

Posted by jjs2 > 2018-01-15 13:35 | Report Abuse

if break 0.34, it will bounce to 0.45-0.47.. :)

Posted by jackielee22 > 2018-01-15 15:07 | Report Abuse

Alot of big sharks backing PUC up , dont worry. Insiders TP 0.5 by CNY

Posted by sonyx123 > 2018-01-15 15:19 | Report Abuse

buy before too late?

Posted by sonyx123 > 2018-01-15 15:24 | Report Abuse

0.5 by CNY is unrealistic bro..

Posted by jackielee22 > 2018-01-15 15:29 | Report Abuse

Have you seen a stock like Huaan? it climbed from 0.3 to 0.6 in 2 weeks. Exact same set ups on the charts

Posted by Horizon123 > 2018-01-15 16:00 | Report Abuse

But this PUC dropping from 0.35 to 0.31 from beginning of the year...

Posted by jackielee22 > 2018-01-15 16:09 | Report Abuse

Its health profit taking, its a beginning of a chart pattern called the " High tight flag "

Posted by momofuku > 2018-01-15 16:58 | Report Abuse

Ongoing WeChat developers conference in Guangzhou update:

1. Tencent team up with Lego http://www.theedgemarkets.com/article/toymaker-lego-teams-chinese-internet-giant-tencent?type=corporate

2. WeChat "tipping" feature for iOS devices http://www.theedgemarkets.com/article/chinas-wechat-plans-resurrect-tipping-button-after-agreement-apple?type=corporate

Posted by Horizon123 > 2018-01-15 17:08 | Report Abuse

hopefully picture works tag along this

Posted by Benwah > 2018-01-15 20:45 | Report Abuse

Realistically speaking, Pictureworks I would still put forward a “current IPO listing value” of RM350-450m based on niched based, tech based platform, which is to say PUC basically paid RM52.8m for a stake that is technically worth RM116m-150m.

If the rumoured tie up with Tencent were to come into fruition as well, 50-60 sen is not out of range. Its pointless to judge PUC based on PER now. Look at the building blocks PUC has assembled, its well thought out business platform that leverages on their tech/media advertising base, links with Bersian which connects to a few thousand retailers, getting e-wallet license (no big deal really) but if the Tencent linkup is true, then the e-wallet has new meaning … the launch of Presto which is a better version of Groupon/Lazada ~ making the prospects of a flourishing and dominating e-wallet a possible reality. The acquisition of a meaningful stake in PW will give PUC a much better balance sheet and a better fundamentals moving forward. Suffice to say, the 33% stake is an excellent proxy should PW gets listed here or overseas later. Thus a valuation in the RM600-800m is not untoward.

Posted by fkser > 2018-01-15 21:09 | Report Abuse

你准备好进入电子支付时代了吗？大马的电子钱包、电子支付、电子货币等市场，近期进入了一个有趣的现象，粤语中有这么一句话“瘦田无人耕，耕开有人争”，意思就是当初没有人愿意耕种的田地，在有人开垦后，即引发各人争夺；用在大马当下电子钱包市场上，虽然有些夸大，可却是挺贴切。
你准备好进入电子支付时代了吗？

大马的电子钱包、电子支付、电子货币等市场，近期进入了一个有趣的现象，粤语中有这么一句话“瘦田无人耕，耕开有人争”，意思就是当初没有人愿意耕种的田地，在有人开垦后，即引发各人争夺；用在大马当下电子钱包市场上，虽然有些夸大，可却是挺贴切。

无可否认，大马的电子支付/钱包市场尚在起步的阶段，可谓蓝海一片，处处商机，在早期，却没有商家愿意当先锋，仅有数位商家探水温的推出仅供特定服务的电子付费方式，但是，市场却冷待之。

近期情况却大不同，与阿里巴巴集团旗下蚂蚁金服联手的联昌集团（CIMB，1023，主板金融组）旗下一触即通（Touch\'n Go）宣布获得国家银行批准提供电子钱包服务；就连垄断多种公共部门网络服务的MYEG服务（MYEG，0138，主板贸服组）也在上周三宣布，获得国行批准发行电子钱包。

这原本就是一桩好事，有竞争就有进步，不过，竞争对手不只是这两家公司而已，有分析员指出，在大马，获得监管单位批准推出电子钱包服务的公司有20逾家，换言之，电子钱包这块大蛋糕，即将迎来一场“争夺战”。

相信要推出电子钱包服务并不难，难就难在如何推出“安全”的电子钱包，试想想，走在路上，都会遇到攫夺匪抢夺钱包，而如果电子钱包没有严密的保安系统，难保会被骇客轻易的“偷走”里面的钱。

另外，电子钱包的实用性、广泛使用的范围等等都是国人关心的焦点，如果没有流通性，就完全起不到作用，因此，想要做到上至酒店，下至嘛嘛档都可使用，还需要不止1里路的距离。

而在电子钱包更具魅力下，相信会有更多有经验或无经验的科技公司陆续进场分一杯羹，到时，电子钱包市场会不会由蓝色天空的“蓝海”市场，转变为血流成河的“红海”市场，就由时间去见证。

值得注意的是，虽然电子钱包市场看似前途一片光明，可，这片大蛋糕却未必人人啃得下，毕竟，想要在大马完全使用电子支付，还面对了一些不止技术的问题，除了基建、网络覆盖率需要改善外，商家、国人的接受度也是一大挑战，所以，与其争破头抢头筹，倒不如静观其变，蓄势待发会来得更为妥当。

Posted by cytew > 2018-01-15 21:22 | Report Abuse

PUC : according to my preliminary research and analysis, successful acquisition of Pictureworks will give PUC the first triggering point for rapid growth through appropriate M&A..s overtime ,and then becomes an international company...that could eventually turn into a "Malaysian Tencent-equivalent with smaller scale".....that is to say, it is an excellent bet for us if we notice the potential of it...and I am actually investing in new CEO more than the company...because I found him is a good Team Builder..that is paramount important for a potentially rapid growth technology company...

Posted by zekuan > 2018-01-15 23:05 | Report Abuse

Ei~~~~e-wallet News again?

Posted by steveninvest > 2018-01-15 23:47 | Report Abuse

Sell and run lor..

Posted by Moneyneverenough > 2018-01-15 23:47 | Report Abuse

Should touch 0.45 soon

Posted by Asianpay > 2018-01-16 00:06 | Report Abuse

Personal, Unlimited, Creation - invest for mid to long term - to build personal wealth. Dun speculate in it. Better to buy and hold.....

Posted by BonZema72 > 2018-01-16 08:38 | Report Abuse

Hold tight tight

Posted by jjs2 > 2018-01-16 09:42 | Report Abuse

0.315 selling fast...

Posted by God_of_Gambler > 2018-01-16 09:51 | Report Abuse

hold hold hold ... waiting the wave to come ... this counter not for contra player

Posted by jjs2 > 2018-01-16 10:30 | Report Abuse

cant finish eat 0.315..too much ady

Posted by DeckHero > 2018-01-16 10:33 | Report Abuse

Starting from last week, it is observed that bug volume buy in at 0.315...

Posted by DeckHero > 2018-01-16 11:01 | Report Abuse

On the other hand, another group of big fish throwing at 0.315. Scratching my head.

Posted by jjs2 > 2018-01-16 11:13 | Report Abuse

2 grps of big fish throwing and eating. Baby shark doo doo doo doo?? Hahaha

Posted by Horizon123 > 2018-01-16 11:45 | Report Abuse

they might be same group of people

Posted by jackielee22 > 2018-01-16 11:59 | Report Abuse

Yes , have been observing this trend the past few days. It's just an accumulation ploy.

Posted by Rainey78 > 2018-01-17 11:09 | Report Abuse

feels like the price is being control between .31 and .32, what going on ?

Posted by jjs2 > 2018-01-17 11:12 | Report Abuse

look like today oso no show...zzzZZZ

Posted by DeckHero > 2018-01-17 11:31 | Report Abuse

Big fish to allow smart small fish to buy at 0.315 and dumb small fish to sell at 0.31... am i right?

Posted by DrNigelTan > 2018-01-17 11:33 | Report Abuse

Does anyone have a conclusion of what's happening?

Posted by Glaceau > 2018-01-17 11:44 | Report Abuse

Be patience. People without patience please leave here and I would recommend HUAAN for you. Just wait for the few big announcements which will be announced before the end of May. We do not want to keep on bragging about the e-wallet, WeChat partnership and pictureworks but these are the facts. If you compare all the penny technology stocks, how many professionally managed companies are there in Malaysia?

Posted by Rainey78 > 2018-01-17 12:04 | Report Abuse

Im with you let be patience.

Posted by jjs2 > 2018-01-17 12:12 | Report Abuse

yes..prices are lock down btw 0.31 - 0.315..now is just waiting for announcements

Posted by jjs2 > 2018-01-17 12:13 | Report Abuse

as for now, all 3 best sell sum up oso cant beat 0.310 queue..

Posted by superstarstevenlim > 2018-01-17 12:25 | Report Abuse

Are there any announcements coming up next?

Posted by Huihui Liong > 2018-01-17 14:33 | Report Abuse

Con stock

Posted by Huihui Liong > 2018-01-17 14:34 | Report Abuse

All fake support

Posted by sonyx123 > 2018-01-17 14:40 | Report Abuse

Gone. Don't know what's happening

Posted by Horizon123 > 2018-01-17 14:45 | Report Abuse

Bye bye! For Long term players, still can hold

Posted by Huihui Liong > 2018-01-17 15:32 | Report Abuse

Airasia also introduced e-wallet

Posted by DeckHero > 2018-01-17 15:50 | Report Abuse

The interetsing point should be the profit of PW to be shared with PUC. This is totally a free meal to PUC.