PINEHILL PACIFIC BERHAD

KLSE (MYR): PINEPAC (1902)

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Last Price

0.34

Today's Change

+0.02 (6.25%)

Day's Change

0.32 - 0.34

Trading Volume

11,300


2 people like this.

1,054 comment(s). Last comment by Dehcomic01 2023-12-26 10:09

alan55

30 posts

Posted by alan55 > 2021-07-23 16:15 | Report Abuse

directors and staff continue to take fat salary at expense of minority shareholders. We go in big number to fire them at next AGM and ask them to step down and appoint professionals to manage
wtf

ahgorgor

177 posts

Posted by ahgorgor > 2021-07-25 16:40 | Report Abuse

Start moving, news coming ;)

ahgorgor

177 posts

Posted by ahgorgor > 2021-08-01 16:42 | Report Abuse

1 more month to go....to seek for time extension

noluxk11

21 posts

Posted by noluxk11 > 2021-08-02 11:17 | Report Abuse

wht do you mean ahgorgor?

ahgorgor

177 posts

Posted by ahgorgor > 2021-08-02 19:34 | Report Abuse

They may submit request to Bursa to seek for further time extension beyond 2 Sept

noluxk11

21 posts

Posted by noluxk11 > 2021-08-03 11:56 | Report Abuse

i think so hmm

GTMS

560 posts

Posted by GTMS > 2021-08-15 20:32 | Report Abuse

lousai stock

charlie chia

2,132 posts

Posted by charlie chia > 2021-09-09 20:28 | Report Abuse

Today wake up
Hope to continue tomorrow

charlie chia

2,132 posts

Posted by charlie chia > 2021-09-14 12:58 | Report Abuse

Wake wake wakE

Posted by SpicyMcDeluxe > 2021-09-21 16:07 | Report Abuse

kekew

ahgorgor

177 posts

Posted by ahgorgor > 2021-09-22 21:09 | Report Abuse

Any news

ahgorgor

177 posts

Posted by ahgorgor > 2021-09-26 12:08 | Report Abuse

Consolidation for next upside

ahgorgor

177 posts

Posted by ahgorgor > 2021-09-29 20:49 | Report Abuse

Bila nak limit up

Posted by SpicyMcDeluxe > 2021-10-07 09:11 | Report Abuse

kekw

Kinos

254 posts

Posted by Kinos > 2021-10-07 21:16 | Report Abuse

Operators are accumulating..

Kinos

254 posts

Posted by Kinos > 2021-10-07 21:17 | Report Abuse

Will rocket Soon

ahgorgor

177 posts

Posted by ahgorgor > 2021-10-11 20:13 | Report Abuse

today close high, tomorrow limit up

Posted by thandapani > 2021-10-12 21:48 | Report Abuse

what is the lowest

Posted by Punterman > 2021-10-12 22:05 | Report Abuse

Pinepac is mulling doing selective capital reduction & repayment (SCR). Cash repayment 80sen per share and delist from Bursa Malaysia.

charlie chia

2,132 posts

Posted by charlie chia > 2021-10-12 22:11 | Report Abuse

Are you sure or not SCR at 80 Cts
Now only 57 Cts,
Tomorrow still can buy still have 40% profit

Posted by Punterman > 2021-10-12 22:16 | Report Abuse

Since Pinepac can't find new business to. Pinepac current cash on hand is around RM120Million. It is mulling doing selective capital reduction & repayment (SCR).

charlie chia

2,132 posts

Posted by charlie chia > 2021-10-12 22:19 | Report Abuse

I don't think the BOD will give in on this idea
They will find ways to inject in some rotten business for their own benefit

scjm

2,495 posts

Posted by scjm > 2021-10-13 09:55 | Report Abuse

mid term target 70 sen presently plantation sector is weak due to profit taking

Posted by Punterman > 2021-10-13 10:04 | Report Abuse

Just wait patiently, good news will out soon.

Posted by Punterman > 2021-10-13 11:06 | Report Abuse

Pinepac will announce selective capital reduction & repayment (SCR). Share price slowly up.

scjm

2,495 posts

Posted by scjm > 2021-10-13 11:07 | Report Abuse

tp1 59.5 and if break out then next level is 65

Posted by Punterman > 2021-10-13 11:58 | Report Abuse

Pinepac 60sen now.

scjm

2,495 posts

Posted by scjm > 2021-10-13 12:02 | Report Abuse

the sector is now bullish liao

alan55

30 posts

Posted by alan55 > 2021-10-13 12:54 | Report Abuse

Let us attend the AGM to fire them for the mismanagement and lackadaisical attitude to identify new businesses for past 2 years.
Every quarter bleeding.

awesome20

1,184 posts

Posted by awesome20 > 2021-10-13 18:44 | Report Abuse

nice one swing from 0.520/0.525 level

Posted by Punterman > 2021-10-14 08:10 | Report Abuse

Pinepac target 80sen. waiting selective capital reduction & repayment (SCR).

ahgorgor

177 posts

Posted by ahgorgor > 2021-10-14 11:21 | Report Abuse

@ Punterman How do you know?

alan55

30 posts

Posted by alan55 > 2021-10-14 19:13 | Report Abuse

may be he dreamt that co will give special dividend....haha

scjm

2,495 posts

Posted by scjm > 2021-10-16 09:57 | Report Abuse

last candle closed showed buying has somewhat tapered and selling is gaining strength; thus a retracement is imminent and likely to break down the 58 support

ahgorgor

177 posts

Posted by ahgorgor > 2021-10-16 13:18 | Report Abuse

SCR, RTO or regularisation plan or status quo no plan, who knows?

yong1985cm

213 posts

Posted by yong1985cm > 2022-01-14 15:02 | Report Abuse

by 2/3/2022, they need to announced the regularisation plan.

charlie chia

2,132 posts

Posted by charlie chia > 2022-02-11 16:23 | Report Abuse

Coming

ahgorgor

177 posts

Posted by ahgorgor > 2022-02-15 20:43 | Report Abuse

How many time want to extend, hope bursa disallow this time

fruitcake

704 posts

Posted by fruitcake > 2022-03-04 14:40 | Report Abuse

all plantation stocks up except this sweet potato plantation

charlie chia

2,132 posts

Posted by charlie chia > 2022-04-09 18:48 | Report Abuse

Already Long neck, when are you going to the Moon

ahgorgor

177 posts

Posted by ahgorgor > 2022-04-24 12:32 | Report Abuse

sitting on cash, paying director fee every months, losing monthly every quarter...lousy counter

Posted by Vijai Deb Palta > 2022-04-29 13:52 | Report Abuse

A friend today asked me why would companys like Blue Dart etc de-list, i dint know the answer, searched for it and some googling gave the following possible reasons, any more possible reasons for the same are welcome
High promoter holding say 70%, will lead the promoters to think, why comply with all the listing requirements quarterly publishing of results, communication, analyst questions etc for the remaining 30% of the shares only, better to keep it in our own hands
If the company has now further plans of raising capital, then it might not make sense for them to remain listed, like most of the foreign MNC do for their Indian subsidiaries, when they feel that no more capital will be ever required by the business, they go for de-listing.
A company feels that they are undervalued and after trying to communicate the strength of their projects to the market, the fail to elicit the valuations, it would be better for them to de-list and rather go in for a PE funding/Private transaction in case future capital is required because the deal value will not be biased by the CMP.

yong1985cm

213 posts

Posted by yong1985cm > 2022-04-29 16:46 | Report Abuse

Pinehil does not has any shareholder own the shares more than 70%

ahgorgor

177 posts

Posted by ahgorgor > 2022-07-05 20:31 | Report Abuse

Due date for regularisation plan in early Sep 2022

yong1985cm

213 posts

Posted by yong1985cm > 2022-07-21 17:56 | Report Abuse

it could extend again. malaysia boleh

yong1985cm

213 posts

Posted by yong1985cm > 2022-09-01 11:05 | Report Abuse

declare 3 cent dividend for the very 1st time.

Posted by VijaiDeb > 2023-02-28 13:56 | Report Abuse

How many times and years is KLSE going to grant extention which depletes the Cash in hand. At this rate all monies will be slowly diverted to Indonesian plantations and eventually Malaysian small shareholders will get nothing.

Posted by VijaiDeb > 2023-04-01 18:13 | Report Abuse

Three and half years have gone by and still no viable bussiness to be found in Malaysia.
Another extention in the offering by KLSE.

followKing

408 posts

Posted by followKing > 2023-08-21 21:24 | Report Abuse

Is me.... HIA!
MALAYSIA BOLEH.... EXTEND AGAIN!

Dehcomic01

299 posts

Posted by Dehcomic01 > 2023-12-26 10:09 | Report Abuse

According to Professor Damodaran, when you analyse cyclical companies, you have to look at the performance over the cycle. This is because the performance at any one time depends on where they in the cycle. Extrapolating from the current performance will lead to a misleading picture.

The palm oil sector is cyclical. As such when I look at the performance of plantation companies, I look at the past decade or more results to get the cyclical picture.
A good example is Pinehill Pacific, a Bursa plantation company. You can see from the chart that over the past 2 decades there was only one year with positive ROE. https://i.postimg.cc/0NgdV3YN/Pinehill.png

This is a terrible cyclical performance from a fundamental perspective. Why invest when there are better Bursa plantation companies? https://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=27266

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