PARLO BERHAD

KLSE (MYR): PARLO (0022)

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Last Price

0.10

Today's Change

-0.005 (4.76%)

Day's Change

0.10 - 0.10

Trading Volume

155,100


2 people like this.

2,217 comment(s). Last comment by Orson Chin 2024-01-12 13:30

Posted by hensemboi95 > 2021-06-15 10:15 | Report Abuse

slow slow going up

Hunkyman

207 posts

Posted by Hunkyman > 2021-06-16 22:30 | Report Abuse

Delay not denied.

123eztrade

642 posts

Posted by 123eztrade > 2021-06-21 23:12 | Report Abuse

no biz...dropped so much ... probably force selling

Ezitrade

54 posts

Posted by Ezitrade > 2021-07-06 11:14 | Report Abuse

Directors collect cheap2 la bro apa lagi. It's gloomy right now but looking at the vaccination rate, matter of time before we back to normal (or new normal). They're ramping up vaccination at LGK and BKI so expect travel and leisure to reopen soon.
Strong support at .20 imo. Good luck!

Posted by Kristina Melody > 2021-07-06 17:42 | Report Abuse

hope so...have stuck here long time...^^

awesome20

1,184 posts

Posted by awesome20 > 2021-07-07 19:03 | Report Abuse

sleeping more than 6month...get ready

cg14134

500 posts

Posted by cg14134 > 2021-07-09 09:41 | Report Abuse

Upside volatility breakout soon.

fidaus2005

123 posts

Posted by fidaus2005 > 2021-08-10 15:37 | Report Abuse

This stock already death ? Tourism start open, TPM also want to use logistic to bring death body also not moving.

awesome20

1,184 posts

Posted by awesome20 > 2021-08-10 16:36 | Report Abuse

parlo sleep tight..sweet dream

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-11 08:57 |

Post removed.Why?

Posted by BetterTomorrow > 2021-08-26 09:58 | Report Abuse

Don't touch, another ccpuan and Edward law company, related director in there

Posted by BetterTomorrow > 2021-08-26 09:58 | Report Abuse

Con job agaon

Posted by BetterTomorrow > 2021-08-26 09:59 | Report Abuse

Yong Kim Fui

Posted by dolphin8838 > 2021-09-07 17:58 | Report Abuse

Hello Ms Parlo, I'm your ex-tenant at Level 55. Sold off my property at huge loss months back.
Don't you dare dupe us again or else we will go after your Skin, okay !
1H Financial reported on 30Aug21 was a 15.3 % decline. What's going on the last 2 days with the price jump???

carimakan

2,489 posts

Posted by carimakan > 2021-09-10 10:37 | Report Abuse

ok.. jom goreng.. cuti2 malaysia!

canbuyla

545 posts

Posted by canbuyla > 2021-09-10 11:01 | Report Abuse

pump n dump

Abc 123

45 posts

Posted by Abc 123 > 2021-09-10 12:42 | Report Abuse

Goreng.. jgn tak goreng.. ! Tengok petang mcm mana..

bulldog

12,157 posts

Posted by bulldog > 2021-09-10 16:23 | Report Abuse

Accumulation in progress

Huat chaiii

Gooner82

692 posts

Posted by Gooner82 > 2021-09-10 19:01 | Report Abuse

Next week tourism related counter going up, parlo, avi, airasia, berjaya

fidaus2005

123 posts

Posted by fidaus2005 > 2021-09-11 20:17 | Report Abuse

Buy at 0.16 tp at 0.29.. sayonara parlo... hope back to 10cent.. if u see weekly chart.,.. it shows fake rebound..

bulldog

12,157 posts

Posted by bulldog > 2021-09-13 12:36 | Report Abuse

Uptrend intact

Huat chaiii

bulldog

12,157 posts

Posted by bulldog > 2021-09-17 11:18 | Report Abuse

Accumulation in progress

Huat chaiii

carimakan

2,489 posts

Posted by carimakan > 2021-09-20 14:52 | Report Abuse

langkawi jom...kita cuti2 malaysia..

FakeSifu

319 posts

Posted by FakeSifu > 2021-09-23 10:11 | Report Abuse

bulldog again.....
its time guys...
sell now

B4b4

7,565 posts

Posted by B4b4 > 2021-09-27 15:58 | Report Abuse

Soon 90 % vaccination achieved and now the Covid19 cases day day dropping. Time to buy Parlo. Tourism is coming back alive and kicking

B4b4

7,565 posts

Posted by B4b4 > 2021-09-27 16:04 | Report Abuse

Buy Parlo now. Don't wait too long

B4b4

7,565 posts

Posted by B4b4 > 2021-09-28 09:59 | Report Abuse

Yesterday Covid19 cases dropped drastically. Tourism is back. Buy Parlo. This company has ZERO debts and positive cash flow

B4b4

7,565 posts

Posted by B4b4 > 2021-09-29 10:21 | Report Abuse

85.1% vaccination in Malaysia. Soon domestic tourists is alive and kicking having fun in Langkawi etc etc. Time to buy long in Parlo

canbuyla

545 posts

Posted by canbuyla > 2021-10-01 23:21 | Report Abuse

This operator is rolling his shares heavily in the market......I think will sell down soon once Bursa Awas

Posted by invest2getRich > 2021-10-04 16:37 | Report Abuse

today got volume but price unchanged..... accumulating for Next High ?

JeiRTK

7 posts

Posted by JeiRTK > 2021-10-10 21:23 | Report Abuse

Came on parlo..u can do it!

pejatrade

196 posts

Posted by pejatrade > 2021-10-10 21:57 | Report Abuse

Dah boleh rentas negeri...ada momentum tak utk parlo?

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.

canbuyla

545 posts

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.

cg14134

500 posts

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

Latest name appears to be GPacket related. Good luck!

TanChinku

188 posts

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

If Vcare is so profitable why sell to Parlo?

TanChinku

188 posts

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

cg14134

500 posts

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.

cg14134

500 posts

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

Wow this operator is a real brutal SOB!

Bgt 9963

7,445 posts

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

Pump and dump !

MadCow75

3,091 posts

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

WHY???

MadCow75

3,091 posts

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

siao liao.... terjun air...

TanChinku

188 posts

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

Haha, this Con Con Puan in action again!

TomyamGong

4,133 posts

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

roller coaster or game over? lol

Yezzy99108

375 posts

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

PnD counter. The longer u stay u bleed more

fidaus2005

123 posts

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

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

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