PINEHILL PACIFIC BERHAD

KLSE (MYR): PINEPAC (1902)

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Last Price

0.29

Today's Change

0.00 (0.00%)

Day's Change

0.27 - 0.29

Trading Volume

8,200


2 people like this.

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

investopology

1,979 posts

Posted by investopology > 2019-12-30 11:52 | Report Abuse

today 55c?

Posted by Originator > 2019-12-30 14:44 | Report Abuse

think better take profit on new high though i have a tp at 0.61 ,said earlier.

Posted by Originator > 2019-12-30 14:47 | Report Abuse

purely on Elliott Waves analysis..those keen to join GordonWoo EW class,please contact via Telegram ID @ GordonWoo or 0165983484

apolloang

18,163 posts

Posted by apolloang > 2019-12-30 15:29 | Report Abuse

already up 100%....lowest 26cts u no wanna buy

MoneyShow3

538 posts

Posted by MoneyShow3 > 2019-12-30 19:47 | Report Abuse

70sen, wait for it

Posted by Originator > 2019-12-31 14:49 | Report Abuse

analyst in a report predicted 0.60 after 0.55...dont fall into a bull trap.I had warned to take profit above 0.525 earlier

Posted by Originator > 2019-12-31 14:49 | Report Abuse

Ambank

Posted by Bennychua007 > 2019-12-31 16:15 | Report Abuse

Stupid share ....Palm oil store up,it down .Palm oil store down ,it down further...fkkk store

Mone1

50 posts

Posted by Mone1 > 2020-01-02 19:05 | Report Abuse

What happened to this counter?

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-01-03 08:12 | Report Abuse

Don't think anything wrong with this counter. In fact I think it's a big bad bull. Hard headed and tough. When u got that much cash in the bank, in a boom sector and js got a clean slate for the new year... You can move anytime when you feel. In an up or down market, Pinepac has a value of not less than rm1.

Posted by Bennychua007 > 2020-01-03 22:15 | Report Abuse

Hopeless counter.. Waste two months time here

Westeros

835 posts

Posted by Westeros > 2020-01-06 17:28 | Report Abuse

Quite low now is it a good time to accummulate....Buy when low and sell when high right?

Posted by Vijai Deb Palta > 2020-01-07 10:41 | Report Abuse

The major shareholder is accumlating for general offer and controlling the price from going up. Look at notices to shareholders in november , december 2019 and january 2020. He now has about 8 months to show the business plan.

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-01-08 08:23 | Report Abuse

At this price, the glass is only half full for pinepac

Westeros

835 posts

Posted by Westeros > 2020-01-08 09:53 | Report Abuse

Today is a good day to go shopping at Bursa

oskchoon

3,186 posts

Posted by oskchoon > 2020-01-10 13:31 | Report Abuse

The share price is down, is Pinepac boss planning to privatised the company to sapu all the cash...

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-01-11 12:13 | Report Abuse

CPO futures to trend higher next week
TheStar Sat, Jan 11, 2020 11:46am - 26 minutes ago


KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trend higher next week on better demand following last-minute buying from the Chinese market ahead of Chinese New Year.

Singapore-based Palm Oil Analytics owner and co-founder Dr Sathia Varqa said exports to the country will drive higher supply in the near term.

"China needs to buy the crop at least next week because it usually takes 10 to 12 days for the commodity to arrive in the country before Chinese New Year on Jan 25, ” he told Bernama.

Furthermore, Sathia said the market sentiment was also supported by the finalisation of the phase one trade deal between the US and China expected to be signed soon.

"Supportive external event of US-China trade deal next week will give a positive momentum to CPO prices, ” he said.

For the week just ended, the market was mixed on weaker production as well as the reinstatement of the CPO export tax on Jan 1 and restriction on imports of refined palm oil and palm olein by India.

On a Friday-to-Friday basis, the CPO futures contract for January 2020 rose RM21 to RM3,131 per tonne, February 2020 expanded RM19 to RM3,145, March 2020 increased RM18 to RM3,134 and April 2020 added RM12 to RM3,110 per tonne.

Weekly turnover increased to 288,983 lots from 164,912 lots in the previous week, while open interest rose to 279,059 contracts versus 267,359 contracts.

On the physical market, the CPO price for January South gained RM20 to RM3,140 per tonne. - Bernama

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-01-11 12:14 | Report Abuse

Fly higher...

Atlan

168 posts

Posted by Atlan > 2020-01-12 13:14 | Report Abuse

Bonus issue, special dividend n privatisation in the pipeline.

Posted by AllanTingAS > 2020-01-12 21:16 | Report Abuse

Sorry, in principle. It cannot be all at one time of BI, SD and privatisation.

LouiseS

286 posts

Posted by LouiseS > 2020-01-13 09:06 | Report Abuse

PINEHILL PACIFIC's main business segments include oil palm plantations and milling operations.

Its earning performance has been overall fluctuating in last five years, whereby its earning per share overall fluctuated from -19.38 sen to -7.09sen, making losses in all of last five years. Under current development, the Company sold 3,641 hectares (Perak) of plantations to United Plantations Berhad. Subsequent to the completion of the disposal, the Company is therefore being classifed as an “Affected Listed Issuer”pursuant to Paragraph 8.03A of the Listing Requirements. Being an “Affected Listed Issuer”, the Company is subject to amongst others to regularise its condition within twelve (12) months and to notify the status of its regularisation plan on a monthly basis.

https://louisesinvesting.blogspot.com/2020/01/comments-on-pinehill-pacific-bhd-1902.html

Atlan

168 posts

Posted by Atlan > 2020-01-14 17:09 | Report Abuse

Management buy back. Ready for gap up.

Westeros

835 posts

Posted by Westeros > 2020-01-16 13:54 | Report Abuse

Walau mana ada gap lagi turun adalah...

Atlan

168 posts

Posted by Atlan > 2020-01-18 13:43 | Report Abuse

Collecting mode. Not affected by CPO price as now holding mostly cash.

Westeros

835 posts

Posted by Westeros > 2020-01-21 10:32 | Report Abuse

OK it seems finally it is on an uptrend now....

Westeros

835 posts

Posted by Westeros > 2020-01-29 08:50 | Report Abuse

Guys palm commodity gap down kaw kaw...whoever still holding better sell and cutloss

Westeros

835 posts

Posted by Westeros > 2020-01-29 08:51 | Report Abuse

At this moment in time focus on tech and healthcare stocks

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-01-29 22:46 | Report Abuse

Hexza is another counter which will benefit from the virus outbreak.. Producer of alcohol and ethonol for medical disinfectant and mouthwash. Plus cash rich Co with high dividend yield

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-01-29 22:47 | Report Abuse

Pinepac can accumulate at these levels, remember it's a cash counter and with uncertainty lots of assets become cheap. Who holds cash is king.... Counter worth 70sen and above

oskchoon

3,186 posts

Posted by oskchoon > 2020-01-31 17:00 | Report Abuse

Yes, I agree, you won't find a listed company with more than 70 sens in cash plus Plantation in Indonesia and selling for 33 sens only, it is like cheap sale in our stock market...

Posted by jeffrey7817 > 2020-02-05 22:06 | Report Abuse

2.4mils dividend to minority shareholder still pending announcement.

Posted by Vijai Deb Palta > 2020-02-06 14:36 | Report Abuse

I dont think we will see any part of the 2.4million . The Anai - major shareholder has 7 months to collect enough shares to take Pinepac private. With that 2.4 million he can buy 6000 lots at current price of 40 sen.

ray1980

2,992 posts

Posted by ray1980 > 2020-02-10 09:15 | Report Abuse

Goreng up,can goreng down now

Posted by jeffrey7817 > 2020-02-10 12:26 | Report Abuse

Support at 35-35.5¢..not much volume

Posted by SHUECHABOO > 2020-02-19 13:06 | Report Abuse

All the remaning oil palm plantations are located in neighboring country. The price of oil palm oil there is much better than Malaysia. The share price of the company should have skyrocketed, to at least 70 cents a share, especially since the company has net cash of over RM120 million.

Posted by jeffrey7817 > 2020-02-19 18:40 | Report Abuse

Waiting for catalyst for the price to skyrocket

as1915000

1,010 posts

Posted by as1915000 > 2020-03-02 11:14 | Report Abuse

loss kao kao

Posted by Vijai Deb Palta > 2020-03-04 04:43 | Report Abuse

6 months to go. Anai collecting to go to Indonesia

Posted by Vijai Deb Palta > 2020-03-11 04:08 | Report Abuse

Auditors have been changed ??????????

Mikecyc

46,777 posts

Posted by Mikecyc > 2020-03-14 15:52 | Report Abuse

Every year at Loss , external auditors is resigned on 9/3/2020.

Mikecyc

46,777 posts

Posted by Mikecyc > 2020-03-14 15:54 | Report Abuse

Palm oil price dipped from 3100 to 2276 , due to covid-19 worldwide pandemic situations will getting worst .

Mikecyc

46,777 posts

Posted by Mikecyc > 2020-03-14 15:56 | Report Abuse

India export reduced 85 % , China export reduced 45 % , Europe export reduced 15% ,WHO said covid-19 vaccine only be ready in 18 months ( SARS 20 months ) .

Last year, the EU, under its Delegated Regulation Supplementing Directive 2018/2001 of the European Union Renewable Energy Directive II (Delegated Act), classified palm oil as unsustainable.EU RESTRICTIONS on palm oil base biofuels.

The worst is our palm oil estate do not have a typical FSC sustainable certification. It is not that still have what % of forestry.

Europe export will be further reduced to more than 15 % as 2019 Q4 GDP is reduced to 0.1%

Mikecyc

46,777 posts

Posted by Mikecyc > 2020-03-14 15:56 | Report Abuse

Is Pinepac RSPO certified ?

Mikecyc

46,777 posts

Posted by Mikecyc > 2020-03-14 16:03 | Report Abuse

No , do not have RSPO.

>>>
(brownfield land), UP will comply fully with its No Deforestation Policy and will also transform the Subject Properties to produce certified sustainable palm oil in accordance with the criteria of the Round Table on Sustainable Palm Oil (RSPO)”, said UP’s Chief Executive Director, Dato’ Carl Bek

sn2368

24 posts

Posted by sn2368 > 2020-05-06 15:31 | Report Abuse

NTA Rm1.40. Cash per share is at least RM1

winlast

498 posts

Posted by winlast > 2020-05-08 07:48 | Report Abuse

today pinepac will be reached higher

qqqq_ss

39 posts

Posted by qqqq_ss > 2020-05-09 10:47 | Report Abuse

undervalue counter, sapu more before it's too late. If O&G pick up this counter will go up.

winlast

498 posts

Posted by winlast > 2020-05-10 13:53 | Report Abuse

yes dont miss out

Posted by xterrorsinx > 2020-05-15 12:07 | Report Abuse

come sell me all. I buy

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