Posted by tvz32 > 2020-05-21 17:20 | Report Abuse

Yes no doubt about hitting rm5

Posted by tvz32 > 2020-05-21 17:34 | Report Abuse

Look into Penta-cp if you want to ride the uptrend

Posted by GooShen > 2020-05-21 17:49 | Report Abuse

Fake rebound. Why so happy? Today hero tomorrow zero. You wait n see

Posted by schor188 > 2020-05-21 23:26 | Report Abuse

Gooshen. We are waiting coconuts dropping.

Posted by thesteward > 2020-05-22 08:22 | Report Abuse

There should be a syariah review in next few days ....very likely this gem could be reinstated into syariah list . If it is reinstated, I believe rm5.50 or rm6 is not impossible

Posted by GooShen > 2020-05-22 09:06 | Report Abuse

Fake rebound. Don’t touch. Sell all now at good price. Recession is on the way. Reserve cash.

Posted by awong3632 > 2020-05-22 09:59 | Report Abuse

GooShen 你是一个负能量的人

Posted by newbie8080 > 2020-05-22 11:31 | Report Abuse

Looking at how the glove PE had gone sky high, tech counters is beginning to look like a bargain.

Posted by CharlesT > 2020-05-22 11:33 | Report Abuse

Glove co expected to see few hundred percent increase in their profot fir next 2 years...Tech co can ah?

Posted by yorkyork > 2020-05-22 11:50 | Report Abuse

can

Posted by GooShen > 2020-05-22 14:14 | Report Abuse

Drop drop drop !! Cash out money for long weekend!!

Posted by Humbleinvestor123 > 2020-05-22 14:14 | Report Abuse

Next year vaccine out... glove will laosai... see la

Posted by Humbleinvestor123 > 2020-05-22 14:17 | Report Abuse

Yes... drop pls... I am waiting low...

Posted by karimboss > 2020-05-22 14:48 | Report Abuse

drop kasi Rm3.90

Posted by tvz32 > 2020-05-22 14:59 | Report Abuse

Perfect time to collect

Posted by newbie8080 > 2020-05-22 15:22 | Report Abuse

@CharlesT


Gloves demand spike happen only during pandemic. By end of the year, glove company back to where it is in 2019. You can compare this with the top 3 glove company results and the last few pandemics in the last 10 years. This covid-19 is indeed more severe, you can factor in additional 4-5 months additional supply and 50% topline and bottomline during these period.

DO you think this high demand earnings will continue for many years?
Ask yourself this question.

Tech companies earnings for 5G,IOT,etc is consistent and ever growing till 6G arrives.

Notice the first 5 years of each evolution, remember the first iphone with 4G?
Yes, the iphone 5 back in 2012.

Look at the top tech companies that supply for 4G and all related supply chain from 2012 to 2017.

Compare their share prices from 2012 to 2017.

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Posted by CharlesT > May 22, 2020 11:33 AM | Report Abuse

Glove co expected to see few hundred percent increase in their profot fir next 2 years...Tech co can ah?

Posted by Nowyouseeme888 > 2020-05-22 21:01 | Report Abuse

Will penta make it into syariah list next week? If it success definitely will be boosting its price in the near future.

Posted by Nowyouseeme888 > 2020-05-22 23:06 | Report Abuse

The reason for the Company’s exclusion from the Shariah-compliant list published by SC was because PCB and its subsidiaries’ (“PCB Group”) Cash/Total Assets exceeded 33% as at 31 December 2018 and more than 5% of the interest earned from the cash deposits were not derived from interest earned under Islamic law with the deposits placed in Islamic accounts or Islamic instruments.

Cash ratio (cash/asset)
2019 - 57%
2018 - 58%
2017 - 23%
2016 - 21%
2015 - 15%

For FY2019 the cash ratio is still 57%, therefore most probably Penta will not get into shariah-compliant list next week.

Posted by Nowyouseeme888 > 2020-05-22 23:11 | Report Abuse

Whether Penta enrolling into shariah list or not, the fundamental and its business activity doesn't change. For retailers who wish to use this shariah list as a buy in motive, you might need to reconsider.

Posted by teeren90 > 2020-05-23 12:06 | Report Abuse

@nowyouseemee888, i think the calculation of cash / asset will exclude the "Short Term Investment" of RM326mil (page 101 of FY2019 annual report) if exclude, it is only 13%..

i am not sure but i am basing on the fact that Penta management announced in Nov 2019 that they have rectified in 1H of FY2019 which according to their Jun-19 Balance sheet, their cash and cash equivalent is also 68% (no breakdown, probably include the short term investment also).

another indication is that if you look at FY2018 annual report, its cash/total asset is 34% if exclude short term investment, i suppose that was why it triggered the exclusion back then.

of course, the other thing i cant find is the >5% interest earned from shariah accounts. still a question.

pleased to discuss.

Posted by Nowyouseeme888 > 2020-05-23 13:59 | Report Abuse

@teeren90

Yes I think you are right. I checked other shariah company in KLSE and seems like short terms fund is not included in the cash/asset ratio.

I hope that Penta can manage to get enlisted in the next week!

Posted by teeren90 > 2020-05-23 14:17 | Report Abuse

@nowyouseemee888 ... that's great to hear! and yes i totally agree with you that regarding of this shariah fund, the fundamental of Penta doesn't change. After reading this week The Edge cover story on Semicon, i have good feeling in the overall industry outlook in 2H of 2020 and next year.

i am more of a long investor here, so more interested in the outlook, but if shariah does come, then that's bonus. cheers!

Posted by teeren90 > 2020-05-23 14:19 | Report Abuse

correction - regardless of*

Posted by gemfinder > 2020-05-23 14:35 | Report Abuse

So,the edge recomend which semicon company?

Posted by RainT > 2020-05-23 17:54 | Report Abuse

important is the PENTA future prospect

profit can up and up or not ....

Posted by schor188 > 2020-05-23 20:41 | Report Abuse

Penta won’t drop much because bonus issue announcement soon.

Posted by tvz32 > 2020-05-24 00:57 | Report Abuse

@schor188 do you have a source on the bonus issue?

Posted by enning22 > 2020-05-25 09:02 | Report Abuse

bonus already announced, the date is not fix due to COVID-19 .

Posted by monetary > 2020-05-25 10:09 | Report Abuse

Brazil no 2 in covid 19 case after US. The rest of S America will follow suit. Need low cost ventilator.

Posted by kylovestor > 2020-05-25 18:13 | Report Abuse

They need the EGM to approve the proposed bonus issue. Now the EGM has been postponed again.
https://klse.i3investor.com/servlets/staticfile/355611.jsp

Posted by yorkyork > 2020-05-25 19:40 | Report Abuse

Drop no drop not important, u must See future.

Posted by lsv1977final > 2020-05-26 09:03 | Report Abuse

just keep. This is a debt free company, Boss set superb vision and target to achieve. This company going to be no 1 in Malaysia soon, later no 1 in Asia in term of AI.

Posted by newbie8080 > 2020-05-26 10:52 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/05/26/pentamaster-to-venture-into-ventilators

Posted by teeren90 > 2020-05-26 11:54 | Report Abuse

@newbie8080 , liked!

Posted by RainT > 2020-05-26 12:04 | Report Abuse

come on PENTA

please drop more

Posted by Jeju88 > 2020-05-26 15:13 | Report Abuse

Just thinking if a vaccine is found, will covid related related stocks be tumbling? Some of them at all time high. Just my concern.

Posted by LoneWolf88 > 2020-05-26 22:36 | Report Abuse

PENTA will fly tomorrow!!

Posted by dollardollarbill > 2020-05-26 23:13 | Report Abuse

The Star finally picked up on the ventilator story. Better late than never.

Those looking for a covid-19 play should also look at RGTBHD

RGTBHD (9954), the newly discovered Covid-19 thematic play (https://klse.i3investor.com/blogs/dollardollarbill/2020-05-21-story-h1507774981-RGTBHD_9954_the_newly_discovered_Covid_19_thematic_play_bill.jsp)

Posted by thesteward > 2020-05-26 23:21 | Report Abuse

Believe Penta will be reinstated as Syariah compliant hopefully by Friday

Posted by Jeju88 > 2020-05-27 08:51 | Report Abuse

Mr the steward, why is Penta not a syariah counter? Just thinking it's not a gambling counter ma..

Posted by newbie8080 > 2020-05-27 09:42 | Report Abuse

@Jeju88

Ventilator is used for patients in critical condition like those in ICU.

Covid-19 is one of the disease that requires.

Unlike Mask,Protective gears,etc.....not much demand after Covid-19 settle down.

Thus, ventilators will continue to have demand worldwide.
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Posted by Jeju88 > May 26, 2020 3:13 PM | Report Abuse

Just thinking if a vaccine is found, will covid related related stocks be tumbling? Some of them at all time high. Just my concern.

Posted by GooShen > 2020-05-27 16:56 | Report Abuse

Powerless, going to drop soon. Run now

Posted by Jeju88 > 2020-05-27 18:06 | Report Abuse

Ok Newbie8080 I see your point.

Posted by vatbitrage > 2020-05-28 13:06 | Report Abuse

long term buy

Posted by Twinklehahaha > 2020-05-28 14:22 | Report Abuse

Plan to buy penta and hold for long term..

Posted by equitydiary > 2020-05-28 16:37 | Report Abuse

Shariah list to be announced after market close

Posted by equitydiary > 2020-05-28 16:39 | Report Abuse

Last chance to buy

Posted by Nowyouseeme888 > 2020-05-28 19:11 | Report Abuse

Penta is enrolled into latest Shariah-Compliant Securities!

Posted by tvz32 > 2020-05-28 19:18 | Report Abuse

So tomorrow price will fly

Posted by thesteward > 2020-05-28 19:20 | Report Abuse

Saw my post 26/5?
Chun chun
Tomolo gogo Penta Pls go rm6 Wakaka
Cha Cham bo