Posted by Srsm Trader > 2021-10-13 10:54 | Report Abuse

standby.

Posted by Srsm Trader > 2021-10-18 15:31 | Report Abuse

thanks parlo.

Posted by canbuyla > 2021-10-29 11:10 | Report Abuse

director buying

Posted by Wiseman169 > 2021-11-01 08:42 | Report Abuse

PARLO Berhad – The Dark Horse In The Making? Share Price Has Outperformed GENETEC?

GENETEC is undoubtedly the hottest stock and the shiniest star in BURSA this year with a whopping Year-To-Date gain of more than 2500%. However, did you know that the share price of PARLO has outperformed GENETEC recently?

At the same time, I found that the volume of PARLO has increased a lot since the founding of the subsidiary, V Care Industry Sdn Bhd (V Care). The volume spiked from below 500k in July 2021 to the highest volume of 55.78 mil on 7 Sep 2021.

The Beginning of A New Era?

On 29th Oct, the Independent and Non-Executive Chairman of PARLO, Mr. Chan Wing Kwong resigned and Yan Foong Sdn Bhd (The vehicle controlled by the major shareholder – Yap Fu Fah) sold their shares to the new shareholder, ARIV Capital Sdn Bhd (ARIV). Based on the chronology events, it is an educated guess to link up the new owner and the new business venture of PARLO.

If not, what would be the rationale for ARIV to pay a 30.9% premium (36 sen per share) to the market price for 27.75mil shares then?

There is an old saying: "There’s no smoke without fire." So, are there any structural changes in PARLO’s fundamentals? Is share price backed by fundamentals or just another story?

The founding of V Care Industries (Malaysia) Sdn Bhd (V Care), a 51% subsidiary of PARLO, could be the game changer for the Group. Based on my channel check, V Care is a distributor of various medical related products that have strong connections with the local retail convenient stores and hypermarkets such as 99 Speed Mart, KK Super mart, Mydin, and others.

So, what is so special about V Care?
Prior to the establishment of V Care, the two directors (Chan Kok Seong and Chan Yee Kuan) have been in the business of distributing the Covid-19 Antigen Rapid Test Kit (RTK) via a partnership with the related party to the market. Out of the total 9 million RTK sold for the past 3 months in Malaysia, they contributed 5 million (55.5% of the market share).

According to my source, V Care will get their own establishment license to distribute the RTK very soon with the help from PARLO. And they are set to become of on the main players in the local market.

The demand for RTK is expected to pick up further due to the reopening of the economy and school, interstate travelling, opening of the international borders, etc. People will tend to test themselves after gathering, going to crowded spaces, or before going back to their hometown to make sure that they are free from the virus.

Based on their internal projection, V Care is expected to sell 3-5mil RTK per month. Let’s assume that V Care makes RM1 net profit from each RTK, the expected contribution from V Care to Parlo’s net profit will range from RM4.59mil to RM7.65mil per quarter (based on 51% shareholding).

At 27sen, PARLO is only trading at a forward PE of 3.85-6.42 times only! (RM0.27 / (RM0.042 | RM0.07)

Conclusion
PARLO’s tourism and the migrant worker businesses are expected to contribute positively to the top and bottom line of the Group once the international borders are open in the near future. In addition, being one of the top travel management companies in Malaysia prior to the outbreak of Covid-19, the Group is expected to benefit from the RM1.3bil allocation in Budget 2022 that will be used to support the post-pandemic recovery of the sector.

All in all, from the changing of major shareholder to the new venture in the medical related businesses, it seems that the new management is determined to turnaround the ailing company. PARLO is trading at an extremely cheap valuation now if the new business venture turns out to be a successful one.

Posted by cg14134 > 2021-11-01 20:07 | Report Abuse

Latest name appears to be GPacket related. Good luck!

Posted by TanChinku > 2021-11-02 17:41 | Report Abuse

If Vcare is so profitable why sell to Parlo?

Posted by TanChinku > 2021-11-02 18:04 | Report Abuse

There are about 50 RTK suppliers, sure to be very competitive, how Vcare able to sell 3 to 5 millions?????? millions????????????????

Posted by Bobby101 > 2021-11-03 10:43 | Report Abuse

Buang masa punya counter

Posted by cg14134 > 2021-11-03 11:46 | Report Abuse

Direct off-market deals at "premium" prices designed to con "green" traders. Be warned!

Posted by HwaKian33 > 2021-11-03 12:33 | Report Abuse

Agree with cg14134.....Looking at the stock movement you can tell it is an amateur work.

Posted by cg14134 > 2021-11-03 15:40 | Report Abuse

Wow this operator is a real brutal SOB!

Posted by Bgt 9963 > 2021-11-03 15:41 | Report Abuse

Pump and dump !

Posted by MadCow75 > 2021-11-03 15:49 | Report Abuse

WHY???

Posted by MadCow75 > 2021-11-03 15:49 | Report Abuse

siao liao.... terjun air...

Posted by TanChinku > 2021-11-03 16:04 | Report Abuse

Haha, this Con Con Puan in action again!

Posted by TomyamGong > 2021-11-03 16:15 | Report Abuse

roller coaster or game over? lol

Posted by Yezzy99108 > 2021-11-03 21:36 | Report Abuse

PnD counter. The longer u stay u bleed more

Posted by fidaus2005 > 2021-11-03 23:04 | Report Abuse

This parlo potential GN3 counter.. No revenue no business.. Careful guys. Superpenny price waiting.

Posted by Legend > 2021-11-03 23:16 | Report Abuse

The Dark Horse In The Making?
The Beginning of A New Era?
There is an old saying: "There’s no smoke without fire."

Posted by invest2getRich > 2021-11-05 11:07 | Report Abuse

Parlo is NOW One Direction ..... towards South

Posted by MadCow75 > 2021-11-09 12:08 | Report Abuse

back to penny...

Posted by moolah > 2021-11-09 14:54 | Report Abuse

super penny....... substantial shareholder bought last week, and throw ...

Posted by canbuyla > 2021-12-06 20:45 | Report Abuse

time to go up...shoot up....wack up...!!

Posted by Mr.Sm Invest123 > 2021-12-09 22:15 |

Post removed.Why?

Posted by Hunkyman > 2021-12-18 01:01 | Report Abuse

Something is brewing.

Posted by Yu_and_Mee > 2021-12-18 15:52 | Report Abuse

brew coffee?

Posted by Winer21 > 2022-01-01 20:47 | Report Abuse

Never up its will be going down till 0.10cents

Posted by trading2019 > 2022-01-10 20:45 | Report Abuse

No wonder. https://www.thestar.com.my/news/nation/2022/01/10/online-recruitment-application-for-foreign-workers-soon-says-saravanan

Posted by hensemboi95 > 2022-01-19 13:23 | Report Abuse

Slow and steady..

Posted by canbuyla > 2022-01-22 00:19 | Report Abuse

30 Sen ?? can...???

Posted by moolah > 2022-01-24 16:42 | Report Abuse

cross 20c baru cakap...today so high volume, but yet trending at 16c

Posted by awesome20 > 2022-01-25 19:02 | Report Abuse

rumor has it

Posted by mansaham1972 > 2022-01-28 07:40 | Report Abuse

LKL beli PARLO kahkahkah,selamat datang parlo bersama geng penipu focus fintec.Bursa skg betul2 dah rosak teruk.

Posted by mansaham1972 > 2022-01-28 07:43 | Report Abuse

Lepas ni umumlah pp,esos banyak2 sampai saham jumlah bilion dan umum consolidation kahkahkah.Bagi yg masih hold ini kaunter lebih baik jual awal sebelum harga bawah 10 sen.

Posted by hensemboi95 > 2022-02-05 00:47 | Report Abuse

Buy!

Posted by Orson Chin > 2022-03-08 23:34 | Report Abuse

Parlo limit up soon ?

Posted by nasgee > 2022-03-10 16:26 | Report Abuse

LU fasterrr,

Posted by moolah > 2022-03-11 12:16 | Report Abuse

LU or LD??? 0.115c, everyday someone throwing

Posted by nicholas99 > 2022-04-13 11:24 | Report Abuse

wah goreng parlo now?

Posted by shavemyfurm > 2022-04-15 16:37 | Report Abuse

how to goreng. Kanger Mou can goreng up, parlo is travel 1,also no power....

Posted by shavemyfurm > 2022-04-15 16:37 | Report Abuse

Cannot play la

Posted by shavemyfurm > 2022-04-18 17:23 | Report Abuse

Really parlo k dei ha.... cannot wake up

Posted by shavemyfurm > 2022-04-18 17:23 | Report Abuse

No people comment also.

Posted by shavemyfurm > 2022-04-22 13:22 | Report Abuse

Maybe ready to limit down aldi.

Posted by moolah > 2022-05-06 18:30 | Report Abuse

time to limit down this counter.

Posted by aiman777 > 2022-05-27 00:41 | Report Abuse

rest in peace

Posted by AnwarKawKaw > 2022-12-21 12:32 | Report Abuse

Parlo limit up soon

Posted by Blue Tulip > 2 months ago | Report Abuse

Hope so. With the prospect of China tourists returning soon.

Posted by rr1688 > 2 months ago | Report Abuse

Parlo ma blanca...

Posted by Rocket2moon > 2 months ago | Report Abuse

I smell something, do you?