Posted by momofuku > 2018-02-27 12:25 | Report Abuse

WeChat, Alipay offer overseas tax refund services to Chinese tourists
https://sc.mp/2sXHwrN

Posted by Ricky123 > 2018-02-27 13:28 | Report Abuse

Result out today

Posted by wops > 2018-02-27 15:05 | Report Abuse

this puc morning dump and now collecting again

Posted by momofuku > 2018-02-27 15:11 | Report Abuse

http://www.theedgemarkets.com/article/softbank-100-billion-vision-fund-will-invest-70-100-tech-companies-says-fund-ceo?type=corporate

Posted by MrFundamentals > 2018-02-27 15:43 | Report Abuse

Accumulation for sure..

Posted by hom3boy > 2018-02-28 16:10 | Report Abuse

heavy rain

Posted by fighterfighter > 2018-02-28 16:14 | Report Abuse

result bad , lucky i run 0.275

Posted by ran777rpt > 2018-02-28 16:29 | Report Abuse

Even if the results are bad, it won’t drastically affect the share price. You have to look beyond that and especially the PW deal.

Posted by ran777rpt > 2018-02-28 17:59 | Report Abuse

20 million loss, why?

Posted by MarcusWKH > 2018-02-28 18:06 | Report Abuse

Impairment loss of 20.2 mil. Nothing special. Just be calm.

Posted by Lk036 > 2018-02-28 18:19 | Report Abuse

Impairment loss, what that mean?

Posted by momofuku > 2018-02-28 18:24 | Report Abuse

Something like provision for doubtful debts. The trade receivables been more than 12 months, but unable to collect.

Am I correct?

Posted by zekuan > 2018-02-28 18:37 | Report Abuse

Again PW lagi?....adui

Posted by fkser > 2018-02-28 18:58 | Report Abuse

Buy tp 0.5 :)

Posted by DeckHero > 2018-02-28 19:01 | Report Abuse

Yes. If someone can find out what is the pw income for year of 2017 (audited), then it could be great.

Posted by DeckHero > 2018-02-28 19:17 | Report Abuse

Fkser : you are devil and angel. I love you

Posted by fighterfighter > 2018-02-28 20:04 | Report Abuse

tomroow gap down 10 cents.

Posted by Behtahan > 2018-02-28 20:07 | Report Abuse

Walau ehhhhhhh, ini Puc tomorrow need limit downnnnn liao......hahaaaa

Posted by zekuan > 2018-02-28 20:07 | Report Abuse

Ei~~~target price Lima kubang? Why not say tujuh kubang..

Posted by DeckHero > 2018-02-28 20:16 | Report Abuse

Good. Dun let the smart ppl to earn money.

Posted by MrFundamentals > 2018-02-28 21:02 | Report Abuse

Impairment loss - doubtful debt was the reason for the loss.

Revenue was 43m compared to previous period of 25.8M. Around 1.1M if you remove the impairment loss. Not a bad result just unfortunate there were doubtful debt.

Doesn't change the fact the PW deal will boost this profit up end of this year to 20M minimum is really good.

Posted by Ricky123 > 2018-02-28 21:11 | Report Abuse

Tmr price will be 0.23

Posted by fighterfighter > 2018-02-28 21:23 | Report Abuse

but see through the financial report. the loss is becuase of the advertisement and others marketing cost. probably is the cost of lauching presto. So is reasonable.

Posted by traderman > 2018-02-28 21:41 | Report Abuse

still will sell down. investor don't like red.

Posted by Asianpay > 2018-02-28 21:51 | Report Abuse

Uber lost 45 Billion in 2017 yet its still chased by many venture capitalists for future upside.
This Q result is considered not too bad as its on an aggressive expansion mode.
Hold tight for mid to long term capital gains.

Posted by ran777rpt > 2018-02-28 21:58 | Report Abuse

Ikan bilis will sell. Shark will hold and buy back. Imagine who is the loser at last. Price pull down possible but recovery will be very fast as the PW deal at 32 cents.
Sellers losers.

Posted by Hock Wei Tan > 2018-02-28 22:17 | Report Abuse

See u all 0.150

Posted by fighterfighter > 2018-02-28 22:23 | Report Abuse

22 23 buy back. yeah

Posted by funda > 2018-02-28 22:36 | Report Abuse

results okay mah... mainly due to impairment written-off for those receivable that cannot be recovered since ages....

Posted by DeckHero > 2018-03-01 01:08 | Report Abuse

Profit before tax for this quarter is 0.6 mil. Impairment loss of 20.2 mil caused this final results. In the quarter report, they mentioned that they will still find way to collect back these sum. If it is successful, it is considered extra bonus. If you really look into its current asset, they have been aggressively investing in ecommerce and epayment business.
Note: it is my personnal view.

Posted by Asianpay > 2018-03-01 01:11 | Report Abuse

PUC actually double the revenue last year and made profits despite spending a lot to grow the Presto e-Commerce and coming e-wallet business.

Its not 19.6 mil loss but a provision to be prudent to do provision due to the upcoming accounting standard of MFRS9. Any amount collected in 2019 becomes profits for 2018.

Thus it was strategic and a good reporting for 2017 which was past. We look forward to a strong year 2018 from PUC, with contributions from Pictureworks with its guarantee profits and growing global presence, plus its Presto E-wallet apps and mini apps which would be powerful to start capturing market shares here.

All the best PUC - hold to win!

Posted by Asianpay > 2018-03-01 01:15 | Report Abuse

* Its not 19.6 mil loss but a provision to be prudent to do provision due to the upcoming accounting standard of MFRS9. Any amount collected in 2018 becomes profits for this year 2018.
Clever move.

Posted by Cnlim > 2018-03-01 05:30 | Report Abuse

Bull shit

Posted by abcb > 2018-03-01 09:05 | Report Abuse

Something wrong with this company,why making huge losses for this quarter?

Posted by MarcusWKH > 2018-03-01 09:31 | Report Abuse

This is called 烂账。 Really dunno shall I share this kind of knowledge in this forum.

Posted by Anthonyloh > 2018-03-01 09:50 | Report Abuse

Seem many people don't know the 36m approved to spend for technology business last Dec 2017.

Posted by FrankKY > 2018-03-01 10:31 | Report Abuse

@MarcusWKH, sharing is caring

Posted by momofuku > 2018-03-01 11:03 | Report Abuse

http://www.theedgemarkets.com/article/can-epayment-players-capitalise-lifting-barriers

Has this got to do with e-wallet launching by 1H2018?

A quick glance at the qr report, the company is still at the initial stage of utilising the 36m for the new initiatives (~ 1m used out of 11m)

Investors probably kiv this stock until further announcement is made

We should expect an egm for PW after/should bursa give go-ahead (application submitted last Friday)

Posted by MarcusWKH > 2018-03-01 11:12 | Report Abuse

In regards to the 36m,

Objective: To utilise for advertising and media, IT related technology and E-payment. (Very clear)

Utilization: From business point of view, we shall use the sum wisely regardless when they are going to use it (even though they have specified in the report that the sum will be used within 1 to 2 years period).
Note: If the company told you that they have spent the 36m within short period, and you are not able to see any improvement - that is definitely called SOMETHING WRONG.

Posted by musangkiing > 2018-03-01 11:53 | Report Abuse

dgb,dps,Iris,dgsb, mlab this few sen potential reach TP 20 sen

Posted by fkser > 2018-03-01 19:13 | Report Abuse

Mana sifu fighterfighter

fighterfighter tomroow gap down 10 cents

Posted by momofuku > 2018-03-01 20:22 | Report Abuse

new director with background from khazanah maybank

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5710425

Posted by fighterfighter > 2018-03-01 21:22 | Report Abuse

slowly down will be more scary

Posted by Wave > 2018-03-01 22:08 | Report Abuse

YM RAJA ZAFURA BINTI RAJA ZAIN. Was she from any royal family of Malaysia?

Posted by FullTime > 2018-03-02 08:44 | Report Abuse

Dow future rebounce Now

Posted by Kvin74 > 2018-03-02 12:14 | Report Abuse

the PUC chart looks scary. I losing 15%. Is it good idea to sell?

Posted by chyeoh1972 > 2018-03-02 13:15 | Report Abuse

i waiting to buy in wa0.15...and mother 0.24...look like today can get this

Posted by Vanguard168 > 2018-03-02 15:27 | Report Abuse

http://www.theedgemarkets.com/article/jag-closes-2017-strongest-results-reverse-takeover

Posted by nightsmok3 > 2018-03-05 00:39 | Report Abuse

Pplcm coming soon.

Posted by InvestKLSE88 > 2018-03-05 11:38 | Report Abuse

Got good news today after 5 p.m.