Posted by Freshman73 > 2017-05-25 18:29 | Report Abuse

Anyone knows hows much was down in the annual report?

Posted by TMMC > 2017-05-25 19:47 | Report Abuse

Trap

Posted by Freshman73 > 2017-05-25 20:29 | Report Abuse

There is a drop in the revenue, but its Net profit still higher compared to q to q .

Posted by 7145 > 2017-05-25 20:43 | Report Abuse

Money game counter

Posted by albertwarrior > 2017-05-26 08:03 | Report Abuse

Although psiptek revenue decrease, its net profit increase and also its EPS increase.

Posted by albertwarrior > 2017-05-26 08:32 | Report Abuse

No matter how high is the revenue increase, if no profit, it useless.

Posted by albertwarrior > 2017-05-26 08:34 | Report Abuse

Psiptek nta still maintain at 0.59

Posted by albertwarrior > 2017-05-26 08:36 | Report Abuse

Its EPS increased from 0.17 to. 0.25cents

Posted by albertwarrior > 2017-05-26 08:40 | Report Abuse

Expenses down causes revenue down. The important is money and net profit.

Posted by albertwarrior > 2017-05-26 08:42 | Report Abuse

Hopefully can up to 0.30 in future.

Posted by Crazy11223 > 2017-05-26 08:53 | Report Abuse

7145, no holding power, pls get lost fr forum PRinspiek

Posted by Freshman73 > 2017-05-26 09:44 | Report Abuse

Be fearfull when others are greed and be greed when other are fearfull

Posted by 7145 > 2017-05-26 14:45 | Report Abuse

Back to sleeping mode again huhuhu

Posted by Freshman73 > 2017-05-28 20:23 | Report Abuse

This is a super undervalue company. Even we add in the safety margin from the Benjamin Graham. Stock Price : 0.59 x 70% (Margin of safety) = 0.41. This value alone is >100% of the current stock price.

Posted by Freshman73 > 2017-05-29 12:13 | Report Abuse

Zero seller and one million buyer. Wooha. Somebody is accumulating. Go to fly soon

Posted by Freshman73 > 2017-05-29 12:19 | Report Abuse

Strong fundamental. Target 200% increase within 3 years ;)

Posted by 7145 > 2017-05-29 14:41 | Report Abuse

Don't kaki kong kaki song

Posted by 7145 > 2017-05-29 16:45 | Report Abuse

Run run run....

Posted by tan56 > 2017-05-29 17:03 | Report Abuse

already run @ 19c

Posted by Freshman73 > 2017-05-29 19:23 | Report Abuse

Tan56 Good can buy it at the low

Posted by Freshman73 > 2017-05-29 19:25 | Report Abuse

7145, this is just my opinion. The fundamental looks strong compare to the last 2016 quarter. I see the company do more efficient it managing the operating cost... 703 million unbill order book (Based on 2016 report)....

Posted by Freshman73 > 2017-05-29 19:26 | Report Abuse

7145 But of coz there is suspicious with the company as it didn't pay out any dividend since 2008...Based on cold eyes, any companies doesn't paid dividend better dont invest in it...

Posted by Freshman73 > 2017-05-29 19:33 | Report Abuse

7145 Might share some view on this company? Is the stock is worth it can hold for longer term, if not i also run. ;)

Posted by albertwarrior > 2017-05-31 07:25 | Report Abuse

If down to 0.14, sure buy many.

Posted by albertwarrior > 2017-05-31 10:57 | Report Abuse

Another 0.03 down, then yes.

Posted by albertwarrior > 2017-05-31 10:59 | Report Abuse

When reach 0.25, then sell. Opportunity is waiting.

Posted by albertwarrior > 2017-05-31 11:05 | Report Abuse

In term of nta 0.59 and generate profits each year, it worth to accumulate. When bullish, sell it. The most important is, it is not in pn17 list.

Posted by 7145 > 2017-05-31 17:09 | Report Abuse

Kaki kong kaki song

Posted by 7145 > 2017-06-01 21:52 | Report Abuse

One day drop 0.05.....huhu

Posted by Busybox > 2017-06-02 14:54 | Report Abuse

correct. what to expect from a company with no new projects from their core business segment?even to collect own money from customers also be like super duper slows. does this trigger u something? with company hv no policy on revaluation on their assets, only relies on past 5-10 years projects which hv been secured previously, and the most important things to take note is, even the director itself being very cautious on its own business. be wise guys, don't let the fools, fooled u forever..cheers..

Posted by Freshman73 > 2017-06-02 17:04 | Report Abuse

Suddenly a high rally in the warrant. Up 10 % today. Any good news coming?

Posted by Freshman73 > 2017-06-02 17:12 | Report Abuse

after warrant up the mother immediately follow, warrant more quicker signal than the mother itself

Posted by Freshman73 > 2017-06-03 23:31 | Report Abuse

https://uniontradejournal.com/unusual-activity-spotted-in-prinsiptek-corporation-berhad-7145-kl-2/47506/

Posted by optimusprimeXV > 2017-06-05 14:59 | Report Abuse

I smell something cooking in the back kitchen

Posted by masterus > 2017-06-05 15:39 | Report Abuse

Smell like pizza with seafoods

Posted by Ismylife73 > 2017-06-05 18:28 | Report Abuse

optimusprime15 masterus, you two are housemate or wat...

Posted by Ismylife73 > 2017-06-05 19:02 | Report Abuse

@busybox, what your view on the future of this stock? yes, there is no more new project. but they still own somr lanf and can develop to add value to it

Posted by Busybox > 2017-06-05 20:25 | Report Abuse

ismylife73...malaysia property market have been soften for the past few years. there's no point of developing more properties if they can't sell it off. imho, the best for psiptek at these current situation is to have some jv's on either construction or propeties dev.

Posted by Ismylife73 > 2017-06-05 23:35 | Report Abuse

@busybox check whether they have a new orderbill if not then sell it off.

Posted by Ismylife73 > 2017-06-06 00:23 | Report Abuse

time will tell if this a worthy stock

Posted by optimusprimeXV > 2017-06-06 08:06 | Report Abuse

Cooking Seafood porridge at the back kitchen

Posted by masterus > 2017-06-06 10:22 | Report Abuse

Kaki kong nun lang song

Posted by optimusprimeXV > 2017-06-06 18:10 | Report Abuse

Song bo song later you will know

Posted by optimusprimeXV > 2017-06-09 11:34 | Report Abuse

high NTA and undervalue share price only one way M&A

Posted by albertwarrior > 2017-06-09 11:44 | Report Abuse

KUALA LUMPUR: The central bank’s foreign reserves have resumed an uptrend as foreign investors turned positive on Malaysia says UOB Bank.

The ringgit has also stabilised and this helped to reaffirm the macro stability, commented economist Julia Goh.

“Malaysia’s foreign reserve in Bank Negara Malaysia is a barometer of confidence as it reflects the country’s war chest to defend against external shocks.”

Foreign reserves rose US$1.9 billion to US$98.0 billion as at end-May, marking the highest level of reserves since mid-November 2016.

Sentiment on the currency also turned positive after BNM’s slew of measures, namely latest liberalisation of bond and foreign exchange hedging measures, favourable domestic macro conditions and improved earnings, and softer US dollar outlook.

“Malaysia remains compelling amid expectations of further ringgit gains and relatively attractive yields.”

She said there were earlier concerns that the central bank’s net FX short position has widened from US$2.8 billion in October last year to US$19.1 billion as at April this year.

BNM’s dollar borrowings via FX swaps is not new as they have been used since 2003 as one of the several tools to manage domestic liquidity, she explained.

“It is a widely used instrument among central banks with some having up to 50 per cent of their reserves in FX swaps.”

BNM currently has less than 20 per cent of reserves in FX swaps.

Posted by albertwarrior > 2017-06-09 11:45 | Report Abuse

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BNM reserves on uptrend, ringgit stabilises

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(File pix) The central bank’s foreign reserves have resumed an uptrend as foreign investors turned positive on Malaysia says UOB Bank.
By RUPA DAMODARAN - June 8, 2017 @ 4:36pm
KUALA LUMPUR: The central bank’s foreign reserves have resumed an uptrend as foreign investors turned positive on Malaysia says UOB Bank.

The ringgit has also stabilised and this helped to reaffirm the macro stability, commented economist Julia Goh.

“Malaysia’s foreign reserve in Bank Negara Malaysia is a barometer of confidence as it reflects the country’s war chest to defend against external shocks.”

Foreign reserves rose US$1.9 billion to US$98.0 billion as at end-May, marking the highest level of reserves since mid-November 2016.

Sentiment on the currency also turned positive after BNM’s slew of measures, namely latest liberalisation of bond and foreign exchange hedging measures, favourable domestic macro conditions and improved earnings, and softer US dollar outlook.

“Malaysia remains compelling amid expectations of further ringgit gains and relatively attractive yields.”

She said there were earlier concerns that the central bank’s net FX short position has widened from US$2.8 billion in October last year to US$19.1 billion as at April this year.

BNM’s dollar borrowings via FX swaps is not new as they have been used since 2003 as one of the several tools to manage domestic liquidity, she explained.

“It is a widely used instrument among central banks with some having up to 50 per cent of their reserves in FX swaps.”

BNM currently has less than 20 per cent of reserves in FX swaps.

“We think the pace at which BNM will unwind the FX swap position will depend on capital flows and net conversion of trade flows.”

Foreigners bought RM10.1 billion worth of bonds in May after the RM62.7 billion worth of bonds sold by foreigners between November 2016 and March 2017.

Foreigners bought mostly Malaysian Government Securities (May: additional RM8.9billion), Government Investment Issues (May: RM0.1 billion), BNM bills (May: RM1.1 billion) and private debt securities (May: RM0.1 billion).

In May, foreigners sold RM.2 billion of Treasury bills in May.

In terms of foreign ownership, she said foreign holdings of MGS reached RM150.5 billion or 41.8 per cent of total in May from a 51.9 per cent peak in October.

Foreign holdings of government bonds (MGS & GII) rose to RM170.7 billion or 27.5 per cent of total in May.

Foreigners also bought RM2.0 billion worth of equities in May, sustaining five straight months of foreign buying of domestic equities since January.

Between January and May, foreigners bought cumulative RM10.3 billion worth of equities.

As to the future trend, she said it would depend on global risk appetite and how foreigners perceive the risk-reward for Malaysia.

“Also bearing in mind speculation that general elections could be around the corner and sizeable government bonds maturing particularly between August and November,” she added.

“In any case, we continue to see strong domestic institutional support for government securities with

the Employees Provident Fund (EPF) holdings of Federal government securities rising RM7.8 billion in the first quarter, a move which has cushioned the foreign selloffs.

The improved export outlook and commodity earnings recovery will help buffer the current account surplus.

The Institute of International Finance estimates non-resident inflows to Asia’s key markets (India, Indonesia, Korea, Malaysia, Philippines and Thailand) surge to US$200 billion this year and next from around US$100 billion in 2016.

Posted by Ismylife73 > 2017-06-09 13:30 | Report Abuse

Albertwarrior thanks for the info, but can help elighten us the benefit of BNM policy. Thanks

Posted by Busybox > 2017-06-09 23:49 | Report Abuse

if one reads the 2016 AFR, the director has already given the hint. Based on PCB tracks records of securing 300mil-400mil of construction orderbook/pa, 2017 orderbook will be 700mil+300mil which equal to 1bil of construction segment. But it is noted that the management is positive to achieve 1.5bil of orderbook for FY 2017. It means that for FY 2017, PCB need to secures minimum of 800mil of projects. Sense something?

Posted by Ismylife73 > 2017-06-10 02:25 | Report Abuse

Busybox. The new projects might already been in the discussion but not annouced yet?

Posted by Ismylife73 > 2017-06-13 11:51 | Report Abuse

Accum time