PUC BERHAD

KLSE (MYR): PUC (0007)

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Last Price

0.04

Today's Change

0.00 (0.00%)

Day's Change

0.04 - 0.04

Trading Volume

10,000


14 people like this.

12,335 comment(s). Last comment by Auntylee 1 week ago

Posted by 真有钱 ^_^ > 2018-04-13 14:41 | Report Abuse

26 cent Drop 0.5 cent, touch 0.255 soon.

Posted by 真有钱 ^_^ > 2018-04-13 20:01 | Report Abuse

PUC 别粒股都涨,唯独你跌。
老耶到 。。。

telephone

185 posts

Posted by telephone > 2018-04-13 20:50 | Report Abuse

钱兄, 吊颈都要透下气的。

Ratman

520 posts

Posted by Ratman > 2018-04-13 22:18 | Report Abuse

Others all GREEN , only puc still red .

ran777rpt

2,945 posts

Posted by ran777rpt > 2018-04-14 08:22 | Report Abuse

PUC's new unit to hunt for e-commerce opportunities

By Erika Benjamin | 2018-04-13 17:40:07
KUALA LUMPUR (April 13): PUC Bhd has incorporated a wholly-owned subsidiary in Malaysia, PUC Ventures Sdn Bhd, which will identify opportunities to invest in or acquire equity interests in companies that are principally involved in electronic commerce (e-commerce) businesses.

The new unit will also look at strategic alliances or joint ventures.

The other target segments include electronic payment services, financial services, technological services, and related businesses including but not limited to media services, airline and accommodation services, which are synergistic and complementary to the existing businesses of PUC and its subsidiaries.

In a filing with Bursa Malaysia today, PUC said at this juncture, PUC Ventures has not entered into any definitive agreement for involvement in the target segments.

"As and when any definitive agreement is signed by PUC Ventures for involvement in the target segments, relevant announcements will be made," it added.

At 4.59pm, PUC shares were down 0.5 or 1.89% at 26 sen, with 16.39 million shares done, bringing a market capitalisation of RM400.78 million.

The above stated news will be a spark sooner. Expect something towards the end of the coming week.

Posted by DrNigelTan > 2018-04-15 00:42 | Report Abuse

Expect a new high

Posted by Raymond Wong > 2018-04-15 13:33 | Report Abuse

See puc 0.40 soon

Posted by EngineeringProfit > 2018-04-16 08:59 | Report Abuse

Yes

: )

Alsen228

82 posts

Posted by Alsen228 > 2018-04-16 10:57 | Report Abuse

See only.....push everyone

Posted by DrNigelTan > 2018-04-16 10:59 | Report Abuse

Hold tight everyone , breaking 0.28 resistance will send PUC to a new high

jakeT

117 posts

Posted by jakeT > 2018-04-16 11:20 | Report Abuse

surprisingly no one is buying PUC-LA, there is an arbitrage 1.5sens now

John1234

2,020 posts

Posted by John1234 > 2018-04-16 16:54 | Report Abuse

T+3 today, from huge vol traded.

Posted by EngineeringProfit > 2018-04-17 07:15 | Report Abuse

Watch carefully

jakeT

117 posts

Posted by jakeT > 2018-04-17 10:15 | Report Abuse

why specifically today T+3?? Everyday is a T+3, unless u are telling me there's an announcement

MarcusWKH

59 posts

Posted by MarcusWKH > 2018-04-17 10:19 | Report Abuse

Good question. I still cant figure out the answer since 8 years ago.

LimKL1

298 posts

Posted by LimKL1 > 2018-04-17 10:49 | Report Abuse

可以的

Rosmah Ali

359 posts

Posted by Rosmah Ali > 2018-04-17 16:43 | Report Abuse

Yes...Ini Kalilah.....Tomolo PUC 30sen!!

Ratman

520 posts

Posted by Ratman > 2018-04-17 16:46 | Report Abuse

Suddenly price up a lotb

Ratman

520 posts

Posted by Ratman > 2018-04-17 17:03 | Report Abuse

tomorow 0.30 possible

Ratman

520 posts

Posted by Ratman > 2018-04-17 17:04 | Report Abuse

@Rosmah, ini kali memang puc huat huat huat

Posted by jackielee22 > 2018-04-17 17:08 | Report Abuse

huge accumulation by sharks. Expect a new high

Posted by EngineeringProfit > 2018-04-17 17:22 | Report Abuse

: )

John1234

2,020 posts

Posted by John1234 > 2018-04-17 19:16 | Report Abuse

Haha....now u know why last 2 days the pattern was "pushed higher and closed lower". Today, the pattern is different - pushed lower and closed higher.

ivan9511

3,854 posts

Posted by ivan9511 > 2018-04-17 22:24 | Report Abuse

Yes my PUC coming back
comfirm uppppp

uppppppppppppppuppppppppppppppppppupppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppp

MarcusWKH

59 posts

Posted by MarcusWKH > 2018-04-18 09:35 | Report Abuse

Maybank, CIMB, Ambank, MBSB, RHB potential reach TP 50sen

John1234

2,020 posts

Posted by John1234 > 2018-04-18 10:06 | Report Abuse

Today, back to old pattern? We will know by the end of the day...

Jessie Ng

502 posts

Posted by Jessie Ng > 2018-04-18 11:06 | Report Abuse

amazing

Posted by EngineeringProfit > 2018-04-18 13:47 | Report Abuse

A VERY CONVINCING BUY

Posted by EngineeringProfit > 2018-04-18 13:49 | Report Abuse

(somehow bullish)

Midnite

113 posts

Posted by Midnite > 2018-04-18 18:14 | Report Abuse

Today annoucement?

Posted by Beehwa Tiow > 2018-04-19 14:32 | Report Abuse

Any comments today.

zul

633 posts

Posted by zul > 2018-04-19 16:53 | Report Abuse

GE14 kamu rasa siapa akan menang...harap sifu sifu boleh bagi pendapat

Posted by Beehwa Tiow > 2018-04-19 17:27 | Report Abuse

Separuh

telephone

185 posts

Posted by telephone > 2018-04-19 17:33 | Report Abuse

My prediction,Ahmad Maslan PM ke7; timbalanya Jamal Yunus.

paulthesotong

2,857 posts

Posted by paulthesotong > 2018-04-19 17:45 | Report Abuse

To fight JD n Alibaba!!!!!

ran777rpt

2,945 posts

Posted by ran777rpt > 2018-04-19 18:06 | Report Abuse

Good announcement on the proposal to take control of management of 11th Street.

MarcusWKH

59 posts

Posted by MarcusWKH > 2018-04-19 18:15 | Report Abuse

PUC proposed to acquire 24% of 11Street stakes by end of Aug 2018 with RM 90 mil cash.

ran777rpt

2,945 posts

Posted by ran777rpt > 2018-04-19 18:34 | Report Abuse

KUALA LUMPUR: PUC Bhd has agreed to invest up to RM90mil in 11Street Malaysia in a deal that would give the media and advertising firm management control of the e-commerce platform.

The investment values 11Street Malaysia as much as RM375mil.

PUC, in a filing with Bursa Malaysia today, said it had entered into a termsheet Celcom Planet Sdn Bhd, Axiata Digital Services Sdn Bhd (ADS) and SK Planet Global Holdings Pte Ltd (SKP) for the proposed deal.

ran777rpt

2,945 posts

Posted by ran777rpt > 2018-04-19 18:36 | Report Abuse

Celcom Planet is a joint venture between ADS and SKP, which owns and operates the 11Street Malaysia e-commerce platform.

“The investment paves the way for the company to increase potential revenue streams in advertising and media, and financial services from the synergistic collaboration for the company and its subsidiaries,” PUC said.

The company, which operates its own social marketing and e-wallet platform known as Presto, said it expects to benefit from 11Street Malaysia’s e-commerce infrastructure, and cross markets its services to the consumer and merchant base of 11Street Malaysia.

Under the deal, PUC will invest up to RM90mil in 11Street Malaysia in five tranches.

The first RM40mil will be invested in four stages between now and end of July this year.

The remaining RM50mil investment would be subjected to the approval of its shareholders. PUC said it expects to obtain the greenlight before end of August.

Assuming that PUC reached its investment target, it would end up with as much as 24% stake in 11Street Malaysia, with ADS holding 37% and SKP at 39%.

“The investment amount translates to an implied valuation of 100% equity interest in CPSB ranging from RM333.33mil to RM375mil,” PUC said.

Post signing of the definitive agreements, PUC will have the right to nominate and appoint the chief executive officer and chief marketing officer at 11Street Malaysia.

From 2015 to 2017, 11Street Malaysia reported an achievement of more than 300% growth in gross merchandising value (GMV), 160% growth to over 13 million product listings, and 200% increase to 40,000 sellers registered on its platform.

As of Dec 31, 2017 11Street Malaysia recorded a GMV of approximately RM427mil and total monthly unique visitors (UV) of 13.5 million for the month of December 2017.

Midnite

113 posts

Posted by Midnite > 2018-04-19 19:48 | Report Abuse

Nice! 30c tomorrow! Hope it mantains in that region.

emil

1,428 posts

Posted by emil > 2018-04-19 20:04 | Report Abuse

90m cash gone, bank borrowings and interest increased.....sell call

emil

1,428 posts

Posted by emil > 2018-04-19 20:04 | Report Abuse

News out, sell on news.

klck23

623 posts

Posted by klck23 > 2018-04-19 20:12 | Report Abuse

Tomorrow gaps UP!

ran777rpt

2,945 posts

Posted by ran777rpt > 2018-04-19 20:14 | Report Abuse

I believe PUC for long term.

Midnite

113 posts

Posted by Midnite > 2018-04-19 20:18 | Report Abuse

I agree with you Ran. Im sticking to PUC. Let it grow steadily. But tomorrows news should see it go to 30c. Notice how the whole of march the average volume has increased.

Jenova

70 posts

Posted by Jenova > 2018-04-19 20:52 | Report Abuse

Tomorrow will see 0.30 - 0.32, highly possible?

Posted by MrFundamentals > 2018-04-19 21:08 | Report Abuse

Good to see PUC has the right to appoint the CEO for 11 Street, great news. I would assume this isn't the only company the new E-commerce unit will be buying or having JV with. IMO this is only the start of PUC entering the ecommerce space.

When the PW deal gets done PUC will have solid revenue each year too. Great long term company.

Asianpay

81 posts

Posted by Asianpay > 2018-04-19 22:54 | Report Abuse

Solid young and smart management team - way to go - support long term!

ran777rpt

2,945 posts

Posted by ran777rpt > 2018-04-20 01:33 | Report Abuse

Ha ha thank you, you are back after a brief moment.

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