Posted by noorgreen > 2014-03-24 14:36 | Report Abuse

insider info...good news coming soon.

Posted by noorgreen > 2014-03-24 15:12 | Report Abuse

never play this counter before..just bot today @16.5 small lots only. My source said target by May this year. anyone still in this boat?

Posted by skynine83 > 2014-03-24 15:52 | Report Abuse

They just have meeting today morning. It is coming, grab when it is still below 0.18.

Posted by noorgreen > 2014-03-24 17:22 | Report Abuse

skynine83 u have the same info?

Posted by hiaptong > 2014-03-25 10:42 | Report Abuse

pn17 better don't touch

Posted by skynine83 > 2014-03-25 14:19 | Report Abuse

TNB & petronas repayment extension is first step. 2nd step they will get loan / bond for financing repayment and business operation usage.

Posted by Ng Kai Yau > 2014-03-25 17:05 | Report Abuse

skynine83, any capital reduction and right issue for their restructure? thks

Posted by aliyusof > 2014-03-25 17:12 | Report Abuse

Based on FY2013 report, negative shareholder fund now at minus RM20M+, why u reckon how much is capital reduction?

Posted by skynine83 > 2014-03-25 17:27 | Report Abuse

Capital reduction and right issue not mentioned. I don't think people will buy the right issue right now. until they get firmed on how they generate the cash flow to back the company. Loan / Bonds will be their major cash source for now. there is potential investors to pump in money to the company, but how much do they pump in still a question mark.

Well, this is PN17 company. since they are defaulted the bond coupon payment today, more will be come as long as they don't have any solution on cash flow. Put a hold 1st as the whole restructuring will take more than one year on the schedule.

The share price tells you story.

Posted by Ng Kai Yau > 2014-03-25 20:41 | Report Abuse

thks skynine

Posted by aliyusof > 2014-03-26 12:52 | Report Abuse

Thanks.

Posted by iizani > 2014-03-27 11:24 | Report Abuse

Perwaja will move very soon...In Shaa Allah

Posted by noorgreen > 2014-03-28 16:42 | Report Abuse

Lucky I top up at 13.5 and 14c yesterday. Buy now guys..but need to have holding power. No contrq.

Posted by iizani > 2014-04-02 16:07 | Report Abuse

perwaja up to sky

Posted by noorgreen > 2014-04-02 16:25 | Report Abuse

Paper gain 5k+. Not bad for 1week :)

Posted by zasss > 2014-04-02 17:32 | Report Abuse

masyukkkkkkk

Posted by sookfun > 2014-04-02 18:42 | Report Abuse

Noorgreen u buy a lot?

Posted by noorgreen > 2014-04-02 18:52 | Report Abuse

Only 110lot. My average 14.3c

Posted by sookfun > 2014-04-04 14:09 | Report Abuse

Ok

Posted by sookfun > 2014-04-04 14:09 | Report Abuse

Sold de?

Posted by Gigi Ong Pei Hsia > 2014-04-04 23:03 | Report Abuse

Sold or hold ??

Posted by noorgreen > 2014-04-06 11:54 | Report Abuse

still holding..

Posted by sookfun > 2014-04-06 18:49 | Report Abuse

Can this counter going up

Posted by noorgreen > 2014-04-07 09:30 | Report Abuse

my source said good news coming

Posted by sookfun > 2014-04-07 13:39 | Report Abuse

Thanks noorgreen

Posted by sookfun > 2014-04-07 13:39 | Report Abuse

I bought in with higher price at this counter

Posted by Michael Jong > 2014-04-07 19:56 | Report Abuse

hi....noorgreen, i also got news mentioned that this counter est will goes up at least RM 0.50 above

Posted by Gigi Ong Pei Hsia > 2014-04-07 22:15 | Report Abuse

I hope too

Posted by IniKaliLah > 2014-04-07 22:21 | Report Abuse

Based on my info this counter anytime will fly very high...

Posted by noorgreen > 2014-04-07 22:51 | Report Abuse

i think will top up more tmrw if can get below 15

Posted by IniKaliLah > 2014-04-07 22:54 | Report Abuse

Below 0.15 cent is very good price to enter.

Posted by Michael Jong > 2014-04-08 06:00 | Report Abuse

haha....if the news was exactly what i received, the price may go up RM 1 - RM 2. Hopefully all correct.

Posted by killerkid > 2014-04-08 11:56 | Report Abuse

ive got news too....might fly back to the old days, apparently lion steel, anjuu, kinsteel plus perwaja will all merge to become a driving force to be reckon with

share TP RM3.50

Posted by sookfun > 2014-04-08 13:06 | Report Abuse

Michael Jong. Wat news u get?

Posted by sookfun > 2014-04-08 13:07 | Report Abuse

I scare of this counter

Posted by sookfun > 2014-04-08 13:07 | Report Abuse

Hopefully all news all true

Posted by Michael Jong > 2014-04-08 18:38 | Report Abuse

i heard government will open tender to the outsiders soon...

Posted by Michael Jong > 2014-04-08 18:55 | Report Abuse

killerkid, are you sure or not, it will goes up till RM 3.5??

Posted by sookfun > 2014-04-09 15:17 | Report Abuse

Michael, how many units u hold at wat price

Posted by killerkid > 2014-04-09 16:28 | Report Abuse

bro to be honest....this share on paper looks really bad guys. mainly due to three (3) issues

1) steel prices are downward, while raw materials are on a upward. this will squeeze their promit margin to the max

2) competition in the local environment has increased due to dumping by china companies causing a price war which they cant sustain

3) Lets not forget a industrial heavy company like perwaja uses alot of electricity. point in case is that recently the government raised the electricity tariff. In turn expenses will increased tremendously


That being said. I truly do home Perwaja will be able to pull through after all its done for the country. Hopefully a miracle happens. EG huge contract given to them, or someone burns down the china steel players in china

Posted by Michael Jong > 2014-04-09 18:25 | Report Abuse

thanks for your info, guy. this counter how much you hold? whats the avg price u in?

Posted by Michael Jong > 2014-04-09 18:25 | Report Abuse

sookfun, i hold 40,000 shares only at RM 0.165, how about you?

Posted by dragonking > 2014-04-09 18:28 | Report Abuse

i had 200 lot of perwaja at 90 sen 500 lot of perwaja-wa at 25 sen,,,all my profit last year lesap in perwaja,,,conman counter. Profit from other counter oso cannot cover lost,,,management makan semua inventory

Posted by Michael Jong > 2014-04-09 18:32 | Report Abuse

dragonking, your mean 200,000 shares?

Posted by dragonking > 2014-04-09 18:40 | Report Abuse

yes,,,i got 200,000 my father 100,000 my friends 200,000,,,total we hold 1m

Posted by dragonking > 2014-04-09 18:41 | Report Abuse

i tot the mining in bukit besi, will turn the counter and mrt used a lot of steel. now all sola at a lost at 25-40 sen.

Posted by dragonking > 2014-04-09 18:42 | Report Abuse

my present holding is 12 sen,,,,new buying,,,waiting for right issue...So be careful, okay?

Posted by sekupang > 2014-04-09 22:20 | Report Abuse

tomorrow sure up up up..haaa

Posted by sookfun > 2014-04-09 22:23 | Report Abuse

Dragonking, why ur price so high at 90cents

Posted by sookfun > 2014-04-09 22:24 | Report Abuse

I holding 10000units at 0.32