PROPEL GLOBAL BERHAD

KLSE (MYR): PGB (0091)

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Last Price

0.135

Today's Change

0.00 (0.00%)

Day's Change

0.13 - 0.135

Trading Volume

19,100


30 people like this.

9,726 comment(s). Last comment by newbietrader9 2024-03-22 16:44

Fklim888

1,613 posts

Posted by Fklim888 > 2023-05-31 09:48 | Report Abuse

jerung hebat....sell down or absorb ?

Jerung

377 posts

Posted by Jerung > 2023-05-31 09:50 | Report Abuse

Dunno price not up cakap apa pun x syiok lol

High5

1,269 posts

Posted by High5 > 2023-05-31 09:52 | Report Abuse

When share price run up is an opportunity for old creditors to cash out by dumping further

Fklim888

1,613 posts

Posted by Fklim888 > 2023-05-31 09:54 | Report Abuse

may be old creditors to cash out......let see how second half ..ready and watch lol

High5

1,269 posts

Posted by High5 > 2023-05-31 10:09 | Report Abuse

Maker or major shareholders hv to show true intent...they need to start collect from open mkt and absord any form of selling. At the moment we aint seeing any..is like pump to 22cts then someone started to cash out. Bear in mind pgb took over daya s listing did a restructuring...settled wt creditors wt shares of newco...creditors might b cashing out when price ran up

High5

1,269 posts

Posted by High5 > 2023-05-31 10:24 | Report Abuse

This was part of the regularisation plan
Other salient points include the settlement of liabilities to its creditors amounting to some RM109.6 million and the settlement of professional fees of RM610,114, a private placement of up to 250 million shares at 20 sen per share

High5

1,269 posts

Posted by High5 > 2023-05-31 10:25 | Report Abuse

PP investors & Creditors might be disposing

Jerung

377 posts

Posted by Jerung > 2023-05-31 10:37 | Report Abuse

Thanks for the info @High5, like that long road to north unless some whale coming in

Fklim888

1,613 posts

Posted by Fklim888 > 2023-05-31 12:19 | Report Abuse

Great informative from high5....appreciate it much.

nicholas99

9,844 posts

Posted by nicholas99 > 2023-05-31 13:10 | Report Abuse

trap

Fklim888

1,613 posts

Posted by Fklim888 > 2023-05-31 14:29 | Report Abuse

Closing price will be know...bullish vs bearish trap..?

freddiehero

16,715 posts

Posted by freddiehero > 2023-05-31 16:02 | Report Abuse

haha welldone dude..

Jerung

377 posts

Posted by Jerung > 2023-05-31 17:16 | Report Abuse

lol no show syiok sendiri, see how the week end

Fklim888

1,613 posts

Posted by Fklim888 > 2023-06-01 16:06 | Report Abuse

so quite because lose of faith lol

Jerung

377 posts

Posted by Jerung > 2023-06-01 16:42 | Report Abuse

Yalor :( waited so long out from pn17 but no spark at all

speakup

25,546 posts

Posted by speakup > 2023-06-01 16:43 | Report Abuse

sabar!

Posted by Jonathan Keung > 2023-06-01 22:51 | Report Abuse

Tks for info. Looks like creditors cashing out. Holding cash is always better than the shares. Private placement always parcel out at a discount vs market average. This is too entice creditors to accept their shares

Posted by Jonathan Keung > 2023-06-27 12:11 | Report Abuse

Chart wise.netural with downward momentum pressure

Fklim888

1,613 posts

Posted by Fklim888 > 2023-07-04 20:10 | Report Abuse

Wow nothing happened ya...lol

Posted by Jonathan Keung > 2023-07-18 16:43 | Report Abuse

Yup. Look like pump and dump

Posted by Jonathan Keung > 2023-08-14 21:55 | Report Abuse

Not a good sign if slid below 15-16 sen price range. Apr -Jun result coming out before end August

freddiehero

16,715 posts

Posted by freddiehero > 2023-12-13 19:00 | Report Abuse

the all new PGB, steady memang ade..

Posted by Jonathan Keung > 2023-12-21 06:29 | Report Abuse

Market up PGB never move. Now market down PGB follow. DJ yesterday closed -475 points possibilities PGB breaking to a new low 13.0 - 13.5 .previous support at 15 breach

Dehcomic01

312 posts

Posted by Dehcomic01 > 2024-01-10 09:25 | Report Abuse

Propel Global (Bursa Malaysia: PGB) is an energy services company. The Bursa energy sector did not do very well over the past decade as can be seen from the ROA trend of the sector. Refer to the top chart. https://i.postimg.cc/L5cJb3t3/PGB.png
When I looked at PGB performance, I found that for most of the decade, its ROA under-performed my reference Bursa energy services company – Dayang. It only did better over the past 2 years. Refer to bottom chart.
Is PRG turning around? I would not look at its 2022 results as a big part of the profits came from a one-off disposal of assets. I am a long term investor holding onto stocks for > 5 years. So I look for long term performance rather than one particular year. As such I would not look at PGB.
Sure there may be new management, but until there is a longer track record from them, I would KIV this counter. https://www.youtube.com/watch?v=quk378SFfCg

Posted by damansaraeagle > 2024-02-17 19:22 | Report Abuse

Guys, today Edge, does it meant is going to be a good news ?? Trust Angeline to drive

Posted by newbietrader9 > 2024-03-22 16:44 | Report Abuse

look nice

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