Posted by wkpr123 > 2020-04-07 09:10 | Report Abuse

every stock is doing good.. except PRG..

Posted by ViWizard > 2020-04-07 09:22 | Report Abuse

prg doing ok

Posted by wkpr123 > 2020-04-07 09:38 | Report Abuse

drop to 0.18 sommore..lol..

Posted by ViWizard > 2020-04-07 10:12 | Report Abuse

0.19 now wow.. 2bids up back

Posted by Sonnykwaeh > 2020-04-07 10:16 | Report Abuse

AIYO PLEASE DONT BUY FOCUS .....EVERY BANK CAP THIS SHARE ONLY 1CTS
(ONE CENT CAP PRICE ) DOING FAKE ACCOUNT

Posted by wkpr123 > 2020-04-07 10:17 | Report Abuse

lol..go hibiscus better..

Posted by ViWizard > 2020-04-07 10:20 | Report Abuse

hibiscus , prg diff erent sector lol

Posted by kfliau > 2020-04-07 11:05 | Report Abuse

guys, I jumped back in. 18 cts well supported

Posted by ViWizard > 2020-04-07 11:06 | Report Abuse

30sen coming haha

Posted by Despacito > 2020-04-07 11:06 | Report Abuse

Ini kali lah!!!

Posted by wkpr123 > 2020-04-07 11:09 | Report Abuse

lol..30c..break 0.23 first..haha

Posted by kfliau > 2020-04-07 11:18 | Report Abuse

Indicative conversion price of 17 cts

Posted by kfliau > 2020-04-07 11:22 | Report Abuse

immidiate resistance 23 cts. Next 24.5 cts

Posted by wkpr123 > 2020-04-07 11:23 | Report Abuse

lol..0.215 huge selling

Posted by ViWizard > 2020-04-07 11:25 | Report Abuse

gogogo prg

Posted by kfliau > 2020-04-07 11:29 | Report Abuse

@keychain I thought you said I jump you jump, lol

Posted by wkpr123 > 2020-04-07 11:41 | Report Abuse

no more engine..

Posted by wkpr123 > 2020-04-07 11:46 | Report Abuse

wait break 0.22 only come back..hahaha..

Posted by kfliau > 2020-04-07 11:54 | Report Abuse

@keychain you don't know me well enough. I jumped only just now at 20 cts

Posted by kfliau > 2020-04-07 11:58 | Report Abuse

please share if you have found any@ keychain

Posted by Shinju_Nosuke > 2020-04-07 11:58 | Report Abuse

Like i said will rebound...today show CRS Buy.. just look n c my TP ema20

Posted by ViWizard > 2020-04-07 11:59 | Report Abuse

SHINJU what is crs buy?

Posted by Shinju_Nosuke > 2020-04-07 12:01 | Report Abuse

Candle Reversal Signal..

Posted by wkpr123 > 2020-04-07 12:07 | Report Abuse

no more show ald guyss..

Posted by Shinju_Nosuke > 2020-04-07 12:09 | Report Abuse

Wait la wkpr123...hahah... it will pullback first to take the passanger..b4 continue to up..

Posted by ViWizard > 2020-04-07 12:10 | Report Abuse

nice.. more show coming

Posted by Shinju_Nosuke > 2020-04-07 12:11 | Report Abuse

Wait n c for next session what will happen...

Posted by Shinju_Nosuke > 2020-04-07 14:46 | Report Abuse

Fasten ur seat belt...22c already break..

Posted by ViWizard > 2020-04-07 14:47 | Report Abuse

wohooo gogogoog

Posted by wkpr123 > 2020-04-07 14:51 | Report Abuse

lets see how far can PRG go..wohoo

Posted by ViWizard > 2020-04-07 14:51 | Report Abuse

told u more show haha

Posted by wkpr123 > 2020-04-07 15:01 | Report Abuse

patah balik..LOL

Posted by Shinju_Nosuke > 2020-04-07 15:06 | Report Abuse

It normal la wpkr123...stock movement is zig zag...hahah

Posted by Shinju_Nosuke > 2020-04-07 15:07 | Report Abuse

If afraid..SMTM..

Posted by wkpr123 > 2020-04-07 16:03 | Report Abuse

no more show today..haha

Posted by Shinju_Nosuke > 2020-04-07 16:51 | Report Abuse

Hahah...continue tmrw guys...

Posted by PlsHelpMe > 2020-04-07 22:24 | Report Abuse

https://www.klsescreener.com/v2/news/view/661719

Posted by PlsHelpMe > 2020-04-07 22:25 | Report Abuse

https://www.klsescreener.com/v2/news/view/661719

Posted by PlsHelpMe > 2020-04-07 22:26 | Report Abuse

Any impact?

Posted by PlsHelpMe > 2020-04-07 23:05 | Report Abuse

New substantial shareholder? Who?

Posted by ViWizard > 2020-04-08 08:41 | Report Abuse

MRS SAM

Posted by wkpr123 > 2020-04-08 08:58 | Report Abuse

resignation of CEO..lol..

Posted by ViWizard > 2020-04-08 09:10 | Report Abuse

WKPR123 ya, sell?

Posted by wkpr123 > 2020-04-08 10:34 | Report Abuse

boleh tidur

Posted by kfliau > 2020-04-08 11:35 | Report Abuse

@keychain 你上船了吗？

Posted by wkpr123 > 2020-04-08 11:43 | Report Abuse

no more show ald PRG..wont move at all.. KLSE green no more.. KLSE red it drop..lol

Posted by wkpr123 > 2020-04-08 11:52 | Report Abuse

come back when 0.22 has break..

Posted by ViWizard > 2020-04-08 16:03 | Report Abuse

wan break 20sen today?

Posted by Keyman188 > 2020-04-08 16:15 | Report Abuse

PRG faces hiccups on maiden luxury residential project, delayed completion

(Tan Xue Ying / The Edge Financial Daily February 25, 2019 09:17 am +08)

KUALA LUMPUR: PRG Holdings Bhd’s maiden luxury residential project Picasso Residence, which is supposed to be the company’s flagship development, seems to be running into some troubles.

The high-rise residential project, which will have an Olympic-sized swimming pool, is due for completion next month. However, purchasers are unlikely to get their keys anytime soon, as construction works have stopped for a while at the site.

A channel check shows that prospective buyers were told the new completion date will likely be delayed to next year.

“The project (Picasso Residence) has been in fact slightly delayed, but we are sorting things out the best we can to catch up on its completion.

“The delay is mainly because there are some hiccups in the progress of the project,” the company’s spokesperson told The Edge Financial Daily when asked to comment on talks that construction works have stopped at the project site.

Without revealing details on the cause of the setbacks faced, PRG, a manufacturer-turned-property developer, gave assurance that “everything is under control” as it has “ironed out the issues with vendors and partners”.

As at February 2018, the management said the take-up rate for the project stood at 65%, little changed since the launch in 2016. Since January 2018, there has not been any update made to Picasso Residence’s video-sharing social media site, which is used to document the project’s site progress.

The group turned in a cumulative net loss of RM3.08 million for the nine months ended Sept 30, compared with a net profit of RM6.57 million a year ago. Revenue for the nine-month period contracted 30.2% year-on-year to RM104.42 million, from RM149.52 million before.

In its exchange filing, the group attributed its weaker performance during the financial period to the “decrease in revenue from Picasso Residence development project due to lesser units sold”, besides the lower sales volume and selling of more relatively lower-margin products for its manufacturing segment, which was its only profitable segment during the period under review.

That said, the delay does not appear to have caused much concern to PRG. The group reiterated that it has a number of projects in hand, the most current being the Subang Bestari Seksyen U5 project.

“We are committed to finishing the project (Picasso Residence) as soon as we can. We will never compromise on the promise that we made to our buyers. Also, the status of this single project does not reflect on any of PRG’s other projects and other business segments.

“Besides Picasso Residence, PRG has in its pipeline the launch of our Subang U5 project this year. Subang U5 is an affordable apartment project that comprises 650 units priced below RM500,000. It has an approximate gross development value (GDV) of RM260 million.

“We are optimistic about the demand for properties priced below RM500,000 as this is a segment that is targeted at middle-income households, which constitute 51% of the Malaysian population,” the group said in its response.

PRG’s Picasso Residence is certainly a contrast to the affordable home projects. The 3.93-acre (1.59ha) project on Jalan Jelatek, off Jalan Ampang is within a 3km radius from the Petronas Twin Towers and fetches a GDV of some RM800 million, as at February 2018.

Comprising two 38-storey towers of 472 units, the luxury residential development inspired by Spanish artist Pablo Picasso was launched with prices from RM950 per sq ft, targeting at investors and home seekers eyeing units ranging between 1,013 and 2,480 sq ft.

The project was reportedly estimated to generate profit of some RM120 million — depending on the confirmed selling price and market conditions. PRG has a 60% stake in the project, which is on a joint-venture basis with Almaharta Sdn Bhd which owns the remaining 40%.


##https://www.theedgemarkets.com/article/prg-faces-hiccups-maiden-luxury-residential-project-delayed-completion

Posted by ViWizard > 2020-04-08 16:31 | Report Abuse

why put back old news? lol