Posted by Good123 > 2024-08-19 18:10 | Report Abuse

Pos Malaysia: To shed non-core shipping unit for RM123m. POS Malaysia plans to streamline operations and focus on core business areas by divesting its subsidiary PNSL for approximately RM123.21m, transferring its entire equity interest of 49m shares in PNSL through Pos Logistics to SWA Shipping. The disposal consideration, subject to adjustment on completion, will be entirely settled in cash. (The Malaysian Reserve)

Posted by Good123 > 2024-08-19 19:13 | Report Abuse

45-50sen anytime

Posted by HengyuanZai > 2024-08-19 20:40 | Report Abuse

In addition, on behalf of the Board, Maybank IB also wishes to announce that Pos Logistics and SWA had on 19 August 2024 mutually agreed to amend the Completion Date from within 21 days from the Unconditional Date to within 111 days from the Unconditional Date for the Parties to complete the Disposal.

Posted by HengyuanZai > 2024-08-19 20:40 | Report Abuse

What's the meaning ? Disposed already or not?

Posted by ocbc > 2024-08-19 21:55 | Report Abuse

many hidden assets bcu DRB bought it at RM$3.70

Posted by Harryww > 2024-08-20 11:53 | Report Abuse

One day stock. It usually is up one day only, while when down few sessions.

Posted by ocbc > 2024-08-20 15:03 | Report Abuse

Dear Valued Customers,

Please be informed that the International Air Bulk Mail new rates will be implemented effective 15 August 2024. This new rates will only apply to International Air Mail lodged using Bulk Mail Service.

The new rates are as per table below:

Picture4.png

For any enquiries, kindly contact your nearest Bulk Mail Counter (BMC) reach out to us via AskPos at www.pos.com.my/#askpos or on your Pos Malaysia mobile app home screen.

Thank you.

Posted by ocbc > 2024-08-21 23:00 | Report Abuse

Pos Malaysia’s Group Chief Executive Officer Charles Brewer attributed the slower-thanexpected Q2 performance to a continued challenging market environment, specifically related to the parcel segment. Despite the headwinds faced in Q2, Pos Malaysia remains cautiously optimistic about their financial performance for the full year and are committed to their transformation plan, which includes accelerating margin-led businesses, continued cost and capacity management, adopting digital technologies, enhancing the end-to-end customer journey, delivering sustainable growth and creating value for all their stakeholders. “We continue to make solid progress in executing our transformation strategy. Pos Malaysia’s operations are resilient and with our transformation initiatives well under way, we are confident in our ability to deliver improved results for the full year as we continue to focus on driving growth, enhancing operational efficiency, and creating long-term value for our shareholders,” Brewer shared.

Posted by Tripaka > 2024-08-22 00:43 | Report Abuse

Qr is horrible! No wonder keep going down. Management needs a total revamp if not will keep rotting.

Posted by chamlo > 2024-08-22 03:46 | Report Abuse

QR terrible. Possible 30 sen coming?

Posted by ocbc > 2024-08-22 08:38 | Report Abuse

10 cents also possible without consider land values +++ Cheers !!

Posted by Willtolive > 2024-08-22 08:57 | Report Abuse

QR is bad despite transformation. Hold and wait for next QR to see progress

Posted by GlobalEquity > 2024-08-22 09:34 | Report Abuse

As expected, the business should be deemed non viable anymore. Losses every year since 2018! Need a businessman to run a business. Below 30 cents is almost certain before next QR!

Posted by curiousq > 2024-08-22 09:38 | Report Abuse

Ang Mo enjoys malaysian food very much .... his job cum vacation venture is full of joy

Posted by curiousq > 2024-08-22 09:42 | Report Abuse

Posted by Camillaa > 1 minute ago | Report Abuse

pulihkan wang yang hilang di WhatSap 447741749417 Saya baru sahaja mendapatkan semula dana saya daripada penipu dengan keuntungan saya, mesej sekarang untuk bantuan pemulihan


Another Ang Mo tries to take advantage on gullible malaysian

Posted by ocbc > 2024-08-22 10:02 | Report Abuse

That is the reason why they raise International Air Bulk Mail new rates effective 15 August 2024 and ++ .... This angmo already mentioned in the press FY2024 will be in profit. He got the playbook.

Posted by ocbc > 2024-08-22 10:04 | Report Abuse

https://www.bernama.com/en/news.php?id=2325701

Posted by curiousq > 2024-08-22 10:04 | Report Abuse

those suffer loses in investment pls whatsapp the above ang mo to take back your money

Posted by ocbc > 2024-08-22 10:10 | Report Abuse

lol , @curiousq don't help scammer lah. Everyone should press "Report Abuse" to block "Camillaa"

Posted by ocbc > 2024-08-22 12:32 | Report Abuse

https://postandparcel.info/156991/news/e-commerce/pos-malaysia-ceo-we-are-confident-in-our-ability-to-deliver-improved-results-for-the-full-year/

Posted by Willtolive > 2024-08-22 13:37 | Report Abuse

that's why I still hold for the next QR for improvements
it's 22 Aug today, and next QR ends on 30 Sep

Posted by ocbc > 2024-08-22 14:27 | Report Abuse

Cash 126M coming in by just selling small non-core asset, half of the market cap already. 680 outlet selling at 1xxk per outlet now. Much cheaper than 99Speedmart 🤣

Posted by Willtolive > 2024-08-22 17:25 | Report Abuse

Patience is the name of the game

Posted by Unknown404 > 2024-08-22 17:31 | Report Abuse

What is the bottom?

Posted by Tripaka > 2024-08-22 17:34 | Report Abuse

30 or below buy

Posted by Penarak > 2024-08-23 16:57 | Report Abuse

Appears bottomless..

Posted by Good123 > 2024-08-24 09:21 | Report Abuse

Pos office will cease soon, leave it to the private courier companies to do. Focus on convenient store like speed99

Posted by Good123 > 2024-08-24 09:21 | Report Abuse

Rm100-150mil to expand pos shop & to increase cash


https://www.klsescreener.com/v2/announcements/view/7680015

Posted by Good123 > 2024-08-24 09:22 | Report Abuse

Postal service can leave it to other courier companies in the urban & sub urban areas. Focus on convenient store biz & cafe

Posted by Good123 > 2024-08-24 09:23 | Report Abuse

Focus on logistics & transportation biz also as proton is booming & fdi is rising.

Posted by Willtolive > 2 months ago | Report Abuse

Hold long term and ignore the noise

Posted by Willtolive > 2 months ago | Report Abuse

the privatisation of POS at a premium over the market price, (ii) the return of profitability as cost rationalisation efforts finally pay off, and (iii) POS emerging stronger post the consolidation of the courier service segment after weak players are eliminated.

Posted by Landak1115 > 2 months ago | Report Abuse

Hallo, saya org baru sini. Belum beli lagi, tapi tengah ushar2. Agak2 20 sen bole sampai ke tak? Hihi

Posted by ocbc > 2 months ago | Report Abuse

landak1115 , boleh sampai 2 sen😁

Posted by Good123 > 2 months ago | Report Abuse

Cashflow masih mantap. Hehehek

POS MALAYSIA BERHAD
(Registration No. 199101019653 (229990-M))
(Incorporated in Malaysia)
7
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (CONTINUED)
(a) Reconciliation of liabilities arising from financing activities:
Lease
Liabilities
Hire
Purchase
Islamic
Term Loans
Revolving
Credits
Invoice
Financing Total
RM’000 RM’000 RM’000 RM’000 RM’000 RM’000
At beginning of the financial
period 113,719 1,059 208,628 276,500 17,911 617,817
Net changes from financing
cash flows:
Acquisition of new leases 22,805 - - - - 22,805
Remeasurement of lease
liabilities 5,776 - - - - 5,776
Termination of leases (1,643) - - - - (1,643)
Drawdown - - 153,000 - 42,842 195,842
Repayment (26,314) (554) (181,663) (5,096) (32,198) (245,825)
Reclassified to liabilities held
for sale - - (27,927) - (10,638) (38,565)
Effects of foreign currency
translation - - 962 - - 962
Total net changes from
financing cash flows 624 (554) (55,628) (5,096) 6 (60,648)
At end of the financial period 114,343 505 153,000 271,404 17,917 557,169
-The rest of this page is intentionally left blank

Posted by Good123 > 2 months ago | Report Abuse

Disposal of a non core biz unit fetches rm120mil++ in cash. Pos has a lot of depreciation based on assets acquired in the past. Cash flow has no issue,overall still ada banyak free cash flow. Study its consoludated cashflow statement yah

Posted by Good123 > 2 months ago | Report Abuse

Geely zeekr & proton should rise as it would help pos logistics biz too.

Posted by Good123 > 2 months ago | Report Abuse

Pos shop & cafe should bring in value in months to come via free space at pos office throughout malaysia. Ipo later, shares to be distributed to all pos shareholders

Posted by Good123 > 2 months ago | Report Abuse

KUALA LUMPUR: The ringgit strengthened against the US dollar at the opening, as the US Federal Reserve (Fed) appears on track to cut interest rates, said an analyst.

At 8 am, the local currency continued to gain versus the greenback to 4.3515/3700 compared to 4.3720/3775 at the close last Friday.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said Fed chairman Jerome Powell's speech during the Jackson Hole Symposium last Friday indicated a policy shift from containing the risks of higher inflation to avoiding a further cooling in the labour market.



More to come

Posted by Good123 > 2 months ago | Report Abuse

KUALA LUMPUR: Foreign investors were active buyers again last week, purchasing a net total of RM1.40 billion in domestic equities, according to MIDF Research.

The firm said this was nearly five times the RM299.6 million net bought the previous week.

"Malaysia's exports surged at their fastest pace in nearly two years, driven by strong demand for commodities and electronics, along with higher shipment to advanced economies.

"Exports reached RM131.2 billion in July 2024, marking a 12.3 per cent year-on-year (YoY) increase," it said in its fund flow report today.

Meanwhile, MIDF Research said foreign investors were net buyers on every trading day except for Friday when there was a sell-off of -RM1.6 million.

The largest net foreign inflow occurred on Monday, totalling RM574.9 million.

The sectors that recorded the highest net foreign inflow were financial services (RM1.30 billion), utilities (RM118.9 million), and telecommunication & media (RM54.8 million).

Meanwhile, the sectors with the highest net foreign outflows were technology (-RM140.2 million), consumer products & services (-RM50.2 million), and property (-RM25.9 million).

Furthermore, the firm said local institutions were net sellers every trading day and continued to offload domestic equities for the second consecutive week, with a total net sale of RM1.12 billion.

"Local retailers only had a net purchase on Friday, totalling RM78.2 million, and were net sellers for the remainder of the week. "Overall, they were net sellers with a total of -RM284.4 million," it added.

MIDF Research said the average daily trading volume (ADTV) showed increases across all investor classes.

Foreign investors recorded the highest increase at 35.8 per cent, while local institutions and local retailers recorded increases of 33.1 per cent and 19.0 per cent respectively.

Posted by Good123 > 2 months ago | Report Abuse

Privatisation is the best now, relist later. Geely 49% Drb 51% like proton... Calculated risk

Posted by Good123 > 2 months ago | Report Abuse

Also, the consumer, aviation, construction, building materials, and automotive sectors could benefit in a stronger ringgit environment," the research firm said in its outlook.

Among blue chips, Tenaga Nasional rose eight sen to RM13.80, Sunway gained six sen to RM4.08 and PETRONAS Chemicals added six sen to RM5.77.

Posted by Good123 > 2 months ago | Report Abuse

Buy, better late than never $$$$$

Geely's interest in acquiring a stake in Pos Malaysia, similar to its acquisitions of Proton and Lotus, likely stems from several strategic motivations:

1. **Expansion of Ecosystem**: Geely is building an expansive ecosystem that integrates different aspects of mobility and logistics. Pos Malaysia, as a key player in logistics and postal services, would complement Geely's automotive and transportation portfolio by enhancing its supply chain and last-mile delivery capabilities.

2. **Synergy with Proton**: Geely has already acquired a significant stake in Proton, a Malaysian carmaker. By acquiring Pos Malaysia, Geely could strengthen its distribution and logistics network in Malaysia, making it easier to move automotive parts, vehicles, and other goods across the country, thereby reducing operational costs.

3. **Digital Transformation**: Geely has been focusing on digital transformation and smart technologies. Pos Malaysia, which is undergoing its own digitalisation process, could benefit from Geely's expertise, potentially leading to innovations in e-commerce logistics, smart warehouses, and more efficient postal services.

4. **Strategic Regional Presence**: Malaysia is strategically located in Southeast Asia, making it a valuable hub for Geely's regional operations. Acquiring Pos Malaysia could help Geely to establish a stronger presence in the region, particularly in logistics and e-commerce, which are rapidly growing sectors.

5. **Diversification**: Geely has been diversifying its business portfolio beyond just automobile manufacturing. By investing in logistics and postal services, the company could mitigate risks associated with the cyclical nature of the automotive industry and tap into new revenue streams.

6. **Government Relations and Local Market Influence**: By investing in key national assets like Proton and Pos Malaysia, Geely can strengthen its relationship with the Malaysian government, which could facilitate further business opportunities in the country and potentially in other ASEAN markets.

Overall, Geely's interest in Pos Malaysia aligns with its broader strategy of building a comprehensive mobility and logistics ecosystem, while also leveraging synergies with its existing investments in the region.

Posted by Good123 > 2 months ago | Report Abuse

Pos Malaysia needs geely to turnaround like proton. Waiting for any M&A moves ... Hehehe

Posted by Good123 > 2 months ago | Report Abuse

NTA 54sen now. Privatisation at p/b value 1 to 2 ... 54sen to rm1.08

Posted by Good123 > 2 months ago | Report Abuse

Another possibility, BSN acquired it to set up bsn bank branches at pos offices & close some loss making branches. Bank & pos shop + cafe to grow further

Posted by Good123 > 2 months ago | Report Abuse

Some states in Malaysia good potential for pos Malaysia to grow its financial services like pawn services, pos shop n cafe

Posted by Good123 > 2 months ago | Report Abuse

Like cypark case, once a tycoon makes a move, huatlah

Posted by Good123 > 2 months ago | Report Abuse

More to come by its parent company , DRB



Save Print Back

1619 DRBHCOM DRB-HICOM BHD
MEMORANDUM OF UNDERSTANDING
MEMORANDUM OF UNDERSTANDING
DRB-HICOM BERHAD ("DRB-HICOM" OR "THE COMPANY") - UPDATE ON THE STATUS OF
MEMORANDUM OF UNDERSTANDING ("MOU") ENTERED INTO BETWEEN PROTON GLOBAL SERVICES
SDN. BHD. ("PGS") AND SOLAROO SYSTEMS SDN. BHD. ("SOLAROO")
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

23/08/2024 07:00 AM


Ref Code: 202408233000314

Posted by Good123 > 2 months ago | Report Abuse

Here are the key points explaining why Pos Malaysia is likely to turn around with its recent corrective actions:

- **Cost Management**: The company has implemented stringent cost control measures, reducing operational inefficiencies and improving its overall financial health.

- **Digital Transformation**: Pos Malaysia is investing in digital solutions to enhance its service offerings, which helps in meeting the growing demand for e-commerce and logistics services.

- **Strategic Partnerships**: The company is forming strategic partnerships to expand its reach and capabilities, particularly in logistics and e-commerce sectors.

- **Operational Restructuring**: Pos Malaysia has undergone significant restructuring, streamlining operations and focusing on its core business areas.

- **Improved Service Offerings**: With a focus on customer experience, Pos Malaysia has revamped its service offerings, which is expected to attract and retain more customers.

- **Government Support**: Being a government-linked company, Pos Malaysia benefits from policy support and potential government interventions aimed at stabilising and enhancing its operations.

- **Market Recovery**: As the economy recovers, there is expected to be an increase in demand for logistics and postal services, which Pos Malaysia is well-positioned to capitalise on.

These actions collectively strengthen Pos Malaysia's ability to navigate challenges and potentially return to profitability.