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

djibaok

1,183 posts

Posted by djibaok > 2018-08-11 00:06 | Report Abuse

tidur 3-5 tahun tak bangun2

Anthonyloh

118 posts

Posted by Anthonyloh > 2018-08-11 12:40 | Report Abuse

The last PP subscription price is 0.154, is lowest so far and yesterday closed market average trading price also lowest, only 0.166. So is more clearly they press down the price more and more, so far the PP only subscript 32m from 159m, around 20%, still have 80% to waiting subscript, yesterday closed 0.165, if next week touch 0.16 then the share price will press down again, and next monday's volume limit is only 25m.

nklye, The bank is sure only have one intention, thats profits, e.g: like now PUC PP, so far the highest subscription price is 0.168 and the lowest is 0.154 and still press down, the PP is 159m shares, after completed and slightly push back to 0.18-0.20, the bank is already profits 4-5m, while the ikan bilis? maybe some collect now can get a bit pocket money or few meals, but who bought above 0.20 will still stuck there. In both parties (company and bank), definitely PUC is loser in this PP subscription agreement, cause they failed to raise enough of their target's fund, unless the both parties agree to push back the share's price (this possible is very low).

Daily8

3,858 posts

Posted by Daily8 > 2018-08-11 19:21 | Report Abuse

@Anthony, in this case, for those who collected at 17 cents need to hold too. If it dive lower than 15, I strongly opine to only collect when it’s lower. If PP is 14, we collect also at 14. There is no other options for now unless somebody can break this cycle her. Anyone?

Don’t do any averaging and if Seller do not sell, this PUC will still win! Because Seller keep selling it due to price war, giving in only meant to give up upon yourself.. that is why Bankers are able to collect low.

my advice, DO NOT SELL. THOSE TRAP ABOVE 20, there isn’t much u can do for now, cut loss will cut deep into your pocket unless your bank accounts are big enough, BUT WHAT IS THE POINT?

if Seller hold, no way Buyers can buy. ITS ALL UP TOYOU to follow my advice or not.

faizszaki

92 posts

Posted by faizszaki > 2018-08-12 17:53 | Report Abuse

@Daily8: agree with you..just hold..be patient.

Infiltrader

1,463 posts

Posted by Infiltrader > 2018-08-13 06:37 | Report Abuse

http://www.klsescreener.com/v2/news/view/417060
KUALA LUMPUR: 11street, one of the leading online marketplaces in Malaysia, is seeing a new revolution that will further enhance the user shopping experience and make significant contributions to the digital economy in Malaysia.

This transformation comes on the heels of a strategic partnership between 11street and PUC Ventures Sdn Bhd.....

yongch

1,104 posts

Posted by yongch > 2018-08-13 09:33 | Report Abuse

Heavy SELL volume coming!!!tp0.10!!!

Anthonyloh

118 posts

Posted by Anthonyloh > 2018-08-13 11:41 | Report Abuse

Issy, not collecting, is volume making and tend to press down pattern.

Posted by jordanmaggie61 > 2018-08-13 11:42 | Report Abuse

bought it, believe it!

Posted by BursaGolfer > 2018-08-13 14:01 | Report Abuse

will down to 0.14, and remain there for 1 month. those cannot wait, sorry...

Anthonyloh

118 posts

Posted by Anthonyloh > 2018-08-13 15:12 | Report Abuse

Almost break the trading vol limit today. 25.5m.

Anthonyloh

118 posts

Posted by Anthonyloh > 2018-08-13 18:52 | Report Abuse

Lssy, 0.14 or lower also possible, cause the PP still have 80% to waiting for subscription.

Striker90

2,617 posts

Posted by Striker90 > 2018-08-14 09:21 | Report Abuse

Purely goreng stock, stupid Presto

Striker90

2,617 posts

Posted by Striker90 > 2018-08-14 09:22 | Report Abuse

What a failure, 1000 ppl download since launch aldy more than 6 mth, do you even know there is app download in app store?

Striker90

2,617 posts

Posted by Striker90 > 2018-08-14 09:22 | Report Abuse

This stock is gg

sonyx123

657 posts

Posted by sonyx123 > 2018-08-14 10:18 | Report Abuse

Disappointing

Daily8

3,858 posts

Posted by Daily8 > 2018-08-14 19:36 | Report Abuse

sonyx123, as expected, coz PP still accumulating and price will be pressed down in order to get the subscription. Try to see it from another view. PP accumulating which is good.

When market is hot, most will cut loss over PUC and move on with other counters, like FRontkn, Eforce,FPGRp and lots more.

I am waiting for price to keep falling down. I don't mind it fall and I don't mind it goes up.If it goes to a support, I'll enter with big. I'll still look into PUC becoz their future is bright. I will hold it for my mid to long term investment.

Posted by EngineeringProfit > 2018-08-15 08:50 | Report Abuse

yes....yes......patience is virtue


don't lose money.....its price will happen to soar up the moment you sell

Brian Loke

189 posts

Posted by Brian Loke > 2018-08-15 12:43 | Report Abuse

wow rm50k

bonds56

313 posts

Posted by bonds56 > 2018-08-15 12:44 | Report Abuse

Coming this afternoon

bonds56

313 posts

Posted by bonds56 > 2018-08-15 12:44 | Report Abuse

Close at 17.5

yongch

1,104 posts

Posted by yongch > 2018-08-15 13:08 | Report Abuse

Sell!sell!sell!!it's time to run!!!!tp0.10!!!!since got big fish want to do charity better sell lor b4 too late!!!!

sitia

1,261 posts

Posted by sitia > 2018-08-15 15:44 | Report Abuse

0007 PUC PUC BERHAD
Additional Listing Announcement /Subdivision of Shares

1. Details of corporate proposal
Whether the corporate proposal involves the issuance of new type and new class
of securities? N
Types of corporate proposal : Private Placement
Details of corporate proposal : PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF
ISSUED SHARES OF PUC BERHAD
No. of shares issued under this corporate proposal : 4,000,000
Issue price per share ($$) : 0.1536
Par Value ($$) (if applicable) : 0.000
Latest issued share capital after the above corporate proposal
In the following
Units : 1,630,476,344
Issued Share Capital ($$) : Malaysian Ringgit (MYR) 197,071,818.700
Listing Date : 13/08/2018

sitia

1,261 posts

Posted by sitia > 2018-08-15 15:44 | Report Abuse

@Anthonyloh, can u please update the figure fr me?

Striker90

2,617 posts

Posted by Striker90 > 2018-08-15 16:11 | Report Abuse

im very sad to see all the people here only focusing on share price and cheap.is what they see... When you see what Presto doing you wil regret, this is failure in product amd mgm, purely shell/news/goreng

DragonDD

10 posts

Posted by DragonDD > 2018-08-15 16:27 | Report Abuse

Getting bad to worst now.

BlackWhite

1,053 posts

Posted by BlackWhite > 2018-08-16 08:22 | Report Abuse

PP sure dispute equity but think why got pp taker

yongch

1,104 posts

Posted by yongch > 2018-08-16 11:07 | Report Abuse

Today definitely below 0.165!!!!Big volume Selling now!!!!tp0.10!!!

Anthonyloh

118 posts

Posted by Anthonyloh > 2018-08-16 11:18 | Report Abuse

Sitia, the last PP subscription is 9 August, maybe today or tomorrow will have another new subscription, if today announce, so the subscription price will lower than 0.15 and see how much they subscript, you may predict the share price trending from their subscription, here is the example: 1, if the coming subscription units still low like before (>10m), its to mean that the share price will be STABLE HERE OR BELOW. 2, If the coming subscription units huge (50m and above), its mean that the share price will be STABLE HERE OR ABOVE.

This is what I get from my home work, hope can help you guys.

Posted by navin1797 > 2018-08-16 11:46 | Report Abuse

So shall keep or sell?

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-08-16 11:55 | Report Abuse

good potential stock

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-08-16 15:12 | Report Abuse

Happy ! Good profit everyday hehehe

JaBerry

369 posts

Posted by JaBerry > 2018-08-16 17:34 | Report Abuse

Wait for coming result first

Anthonyloh

118 posts

Posted by Anthonyloh > 2018-08-16 18:40 | Report Abuse

Congratulation guys! The PP has been terminated! So who want buy then can buy tomorrow!
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5885577

sitia

1,261 posts

Posted by sitia > 2018-08-16 20:33 | Report Abuse

The terms used herein, unless the context otherwise states, shall bear the same meaning as those defined in the Company’s announcements dated 7 June 2018, 8 June 2018, 12 June 2018, 28 June 2018 and 17 July 2018 in relation to the Placement.

We refer to the Company’s announcements dated 7 June 2018, 8 June 2018, 12 June 2018, 28 June 2018 and 17 July 2018 in relation to the Placement.

The Company wishes to announce that PUC had issued a termination notice to Macquarie Bank to terminate the Subscription Agreement entered into between PUC and Macquarie Bank and Macquarie Bank has accepted the same on 16 August 2018. Pursuant thereto, the Subscription Agreement will be terminated effective from 16 August 2018 after both parties have mutually agreed to waive the notice period of twenty (20) Trading Days, as stated in the Subscription Agreement.

The Company’s decision to terminate the Subscription Agreement is made after taking into consideration the current market condition and to allow PUC to seek for other potential investors to subscribe for the Placement Shares.

This announcement is dated 16 August 2018.

sitia

1,261 posts

Posted by sitia > 2018-08-16 20:34 | Report Abuse

@AnthonyLoh, finally Macquire also scare of the market sentiment.How do PP termination benefiting the price of PUC? Please xplain.

Daily8

3,858 posts

Posted by Daily8 > 2018-08-16 21:38 | Report Abuse

@Anthonyloh bro, thank you for announcing here diligently. First PUC have terminated the agreement for PRIVATE PLACEMENT in open market. So far, they have bought over some shares and what will happen to those shares? Does it mean they will sell bak in open market again?

nklye

844 posts

Posted by nklye > 2018-08-17 01:41 | Report Abuse

I think it's a good news for PUC investors. PUC' s price was pressed down from the range of above 0.20 to present level since the said bank involved in the PP. Perhaps PUC may have anticipated the price to continue to go down if nothing is done to terminate the PP and to look for other alternatives that can give confidence to investors and traders to participate in the company's biz...

sitia

1,261 posts

Posted by sitia > 2018-08-17 09:37 | Report Abuse

Let's see today and how market reaction to PUC there

yongch

1,104 posts

Posted by yongch > 2018-08-17 10:04 | Report Abuse

Big players Will start disposed this afternoon...throw n throw n press down below 0.10....tp0.10!!!all the best for those who bought above 0.20!!!!kikiki....but long term still good to keep it tp0.10!!!

Posted by jordanmaggie61 > 2018-08-17 10:47 | Report Abuse

Well done, the profit can let me to buy more food.

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-08-17 11:04 | Report Abuse

Good show ! Very strong... will move tomorrow and profit incoming

Anthonyloh

118 posts

Posted by Anthonyloh > 2018-08-17 11:36 | Report Abuse

Morning Sitia,
Actually not Macquarie Bank scare of the market sentiment, as what I mentioned before "PUC is loser in this PP subscription agreement, cause they failed to raise enough of their target's fund," and in this agreement, both parties have the right to terminate the agreement via notice.

And same as I mentioned before "I thought PUC PP price at least can get over 0.20 after discount 10%, at the end the price lower than proposed price 0.183, if 0.183 they can get RM29m and pay the acquisition of 11 street for RM40m, even 0.183 they still less RM11m for acquisition, now the PP price lower and lower, so the gap more and more big. the last payment date for acquisition 11street is end of this month, see how they pay it, maybe they have other way."

So PUC forced to terminate due to failed the raising fund target and will find other investor to continue the PP.

Daily8,
So far Macquarie Bank only hold 32m shares, even they want sell via open market also not much effect the share's price (maybe fluctuated 1 or 2 trading days ).

Conclusion:
Now PUC should faster find another investor to continue the PP, the PP price should be around 0.20 or above after discount so as to enough the target sum of fund raising.So I believe the current share price never slide again.

Tips:
If the new investor continue the PP in ONE TIME subscription, after announce the Fixed Price, its the time you sell off.

I think my home work almost done here and hope can help a bit you all. Good luck and happy trading!

sitia

1,261 posts

Posted by sitia > 2018-08-17 15:31 | Report Abuse

Thanx bro for the comment above. I understd PP is good. Unfortunately or fortunate PP is cancelled I wonder...I feel PP is good just size of funds is just too big for mcquarie

sitia

1,261 posts

Posted by sitia > 2018-08-17 17:20 | Report Abuse

25th Aug QR. It's next week. will be good?

yongch

1,104 posts

Posted by yongch > 2018-08-17 19:14 | Report Abuse

Subscribe not successfully....end up Lelong sales....tp0.007-0.10!!!Sell!Sell!!Sell!!!

Infiltrader

1,463 posts

Posted by Infiltrader > 2018-08-19 20:17 | Report Abuse

Southeast Asia is slowly becoming the new battlefield for e-commerce platforms as more of them establish a presence in the region.

Right now, the two largest platforms are Lazada, which is controlled by Alibaba Group Holding Ltd, and 11street, which is operated by Celcom Planet Sdn Bhd — a joint venture between the subsidiaries of Axiata Group Bhd and South Korea-based SK Telecom....

News from TheEdge

SumuaOK

205 posts

Posted by SumuaOK > 2018-08-21 00:40 | Report Abuse

Why you all like to waste time on this share ?

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-08-21 11:23 | Report Abuse

It is time to move..yeah..profit is real ! HAHAHA

ctooi

80 posts

Posted by ctooi > 2018-08-21 15:53 | Report Abuse

garbage. what can one gain by buying this type of shares.. will never pay dividends.. cash flow koyak.. even big timer life Lazada also loose money.

ctooi

80 posts

Posted by ctooi > 2018-08-21 15:54 | Report Abuse

like Lazada and 11th Street also making losses every quarter

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