PROGRESSIVE IMPACT CORPORATION

KLSE (MYR): PICORP (7201)

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Last Price

0.06

Today's Change

-0.005 (7.69%)

Day's Change

0.06 - 0.065

Trading Volume

180,200


8 people like this.

3,465 comment(s). Last comment by koyokui 1 week ago

Good123

25,578 posts

Posted by Good123 > 2023-05-30 10:32 | Report Abuse

Volume is surging, something we don't know

Good123

25,578 posts

Posted by Good123 > 2023-05-30 12:00 | Report Abuse

Esg biz player macam picorp berpotensi


KUALA LUMPUR: Public Bank Bhd has increased its energy-efficient vehicle (EEV) lending target from RM25bil to RM33bil by 2025, according to managing director and chief executive officer Tan Sri Tay Ah Lek.

“As part of our ongoing commitment to supporting the growth of the EEV industry, Public Bank has increased its EEV lending target from RM25bil to RM33bil by 2025,” he said in a statement.

Public Bank has signed a memorandum of collaboration (MoC) with Perodua Sales Sdn Bhd to provide financing facilities to Perodua authorised dealers to extend its financial products and services.

The bank said the collaboration with Perodua would enable it to interface and facilitate digitalisation via online submission of hire purchase end-financing applications including uploading of basic application documents and tracking of application status.

“Perodua is also Malaysia’s first and biggest EEV manufacturer.

“On our part, supporting the growth of the EEV industry is a key pillar of the bank’s climate agenda, where Public Bank mobilised over RM30bil in domestic EEV financing by the end of 2022,” Tay said.

“Thus, there is strong synergistic potential where Public Bank and Perodua can continue to work together, in not only growing our respective business, but also contributing positively toward environmental, social and governance initiatives for the betterment of our society and the world.”

Meanwhile, Perodua president and chief executive officer Datuk Seri Zainal Abidin Ahmad said this three-pronged deal would address the need for the current and future Perodua activities.

“I hope this collaboration will further elevate our respective organisations to greater heights,” he said.

Good123

25,578 posts

Posted by Good123 > 2023-05-30 15:28 | Report Abuse

when it moves, it could be faster than ytl, etc... just be patient

Good123

25,578 posts

Posted by Good123 > 2023-05-30 15:28 | Report Abuse

picorp - shariah compliant, main board, big 4 auditor, etc

Posted by pendekarbujang > 2023-05-30 15:32 | Report Abuse

meeting outcome?

Good123

25,578 posts

Posted by Good123 > 2023-05-30 15:37 | Report Abuse

saudi is growing... major market of picorp

DUBAI, May 7 (Reuters) - Saudi Arabia's economy grew by 3.9% year-on-year in the first quarter of 2023, according to initial government estimates of real gross domestic product published on Sunday.

Non-oil activities grew by 5.8% in the first quarter from a year prior, the General Authority for Statistics said, citing flash estimates, while oil activities grew by 1.3%. Government services activities grew by 4.9%, it said.

However growth slowed compared to the fourth quarter of 2022, when GDP grew 5.5% year-on-year.

Good123

25,578 posts

Posted by Good123 > 2023-05-30 15:39 | Report Abuse

another major market bagi picorp... bagus sekali

Why invest in Indonesia 2023?
With its natural resources, stable economy, and favorable demography, Indonesia serves as an attractive destination for investment and has continued to receive more attention as a strategic destination to invest in.8 Mei 2023

Good123

25,578 posts

Posted by Good123 > 2023-05-30 15:41 | Report Abuse






Bagus kot? results releases tonight probably @pendekarbujang

meeting outcome?

7 minutes ago

Good123

25,578 posts

Posted by Good123 > 2023-05-30 15:41 | Report Abuse

Bagus kot? results release tonight probably

@pendekarbujang

meeting outcome?

Good123

25,578 posts

Posted by Good123 > 2023-05-30 15:46 | Report Abuse

Laboratory Testing Service Market Is Booming Worldwide | Intertek Group, SGS, Fugro
HTF Market Report
Author: HTF Market Report
Published: January 3, 2023
Time: 6:14 pm

Good123

25,578 posts

Posted by Good123 > 2023-05-30 15:49 | Report Abuse

The Global Clinical Laboratory Services Market is growing with a CAGR of 7.2% in the forecast period of 2022 to 2029 and is expected to reach USD 4, 43,369.94 Million by 2029.

Good123

25,578 posts

Posted by Good123 > 2023-05-30 22:47 | Report Abuse

Description Proposed renewal of shareholders' mandate to purchase its own ordinary shares of up to 10% of the total number of issued shares in the company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 226 84
No. of Shares 392,713,751 59,855
% of Voted Shares 99.9848 0.0152
Result Accepted

Good123

25,578 posts

Posted by Good123 > 2023-05-30 22:48 | Report Abuse

Return to profitability. Good start for 2023 :)

PROGRESSIVE IMPACT CORPORATION BERHAD
(Company No. 199001011782)
CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
FOR THE FIRST QUARTER ENDED 31 MARCH 2023
(The figures have not been audited)
Preceding year Preceding year
Current Corresponding Current Year Corresponding
Quarter Quarter To Date Period
31.3.2023 31.3.2022 +/(-) 31.3.2023 31.3.2022 +/(-)
RM'000 RM'000 RM'000 RM'000
Revenue 20,531 22,534 (0.09) 20,531 22,534 (0.09)
Cost of sales (8,240) (10,085) (8,240) (10,085)
Gross profit 12,291 12,449 (0.01) 12,291 12,449 (0.01)
Profit income 170 102 170 102
Other income 762 582 762 582
Staff costs (6,322) (6,518) (6,322) (6,518)
Depreciation and amortisation (1,818) (2,050) (1,818) (2,050)
Other operating expenses (3,099) (2,887) (3,099) (2,887)
Profit from operations 1,984 1,678 0.18 1,984 1,678 0.18
Finance costs (693) (819) (693) (819)
Profit before tax 1,291 859 0.50 1,291 859 0.50
Income tax expense (894) (1,120) (894) (1,120)
Profit/(Loss) net of tax 397 (261) 2.52 397 (261) 2.52

Posted by pendekarbujang > 2023-05-31 09:33 | Report Abuse

Stagnant.director in and out.No catalyst

Good123

25,578 posts

Posted by Good123 > 2023-05-31 14:46 | Report Abuse

new chairman, hebat... bring in more biz :)

[PICORP] Chairman APPOINTMENT - SYED HISHAM BIN SYED WAZIR on 30-May-2023
Stock
[PICORP] : PROGRESSIVE IMPACT CORPORATION
Announcement Date
30-May-2023
Board Member Information:
Date of Change
30-May-2023
Type of Change
APPOINTMENT
Designation
Chairman
Directorate
Independent and Non Executive
Name
SYED HISHAM BIN SYED WAZIR
Age
68
Gender
Male
Nationality
Malaysia
Qualification
1. Masters - Business Administration [Ohio State University, USA]

2. Degree - Bachelor of Science in Mechanical Engineering [Plymouth University, UK]

Working Experience
1. June 2020 - Present: Chairman and Independent Non-Executive Director, MSM Malaysia Holdings Berhad 2. December 2016 - Present: Independent Non-Executive Director, Bermaz Auto Berhad 3. October 2020 - Present: Independent Non-Executive Director, SIRIM QAS International Sdn. Bhd. 4. November 2017 to September 2020: Chairman, SIRIM QAS International Sdn. Bhd. 5. July 2017 to September 2019: Independent Non-Executive Director, SIRIM Berhad 6. November 2015 to July 2016: Group Managing Director, Puncak Niaga Holdings Berhad 7. October 2010 to October 2015: President & Group Chief Executive Officer, UMW Holdings Berhad 8. November 2009 to August 2010: Chief Operating Officer, Naza Kia Sdn. Bhd. & Naza Kia Services Sdn. Bhd. 9. May 2005 to August 2009: Managing Director, Edaran Otomobil Nasional Berhad 10. 2003 to May 2005: President/ Chief Operating Officer, Honda Malaysia Sdn. Bhd. 11. January 2001 to December 2002: General Manager, Marketing Division, Honda Malaysia Sdn. Bhd. 12. April 1998 to December 2000: General Manager, International Business, DRB-HICOM Export Corporations Sdn. Bhd. 13. 1997 to 1998: Director, Proton Cars (UK) Pte. Ltd. 14. 1995 to March 1998: General Manager, Proton Corporations Sdn. Bhd.
Directorship of Public Companies
1. MSM Malaysia Holdings Berhad 2. Bermaz Auto Berhad

Good123

25,578 posts

Posted by Good123 > 2023-05-31 14:48 | Report Abuse

2020, 2021, 2022 are gone...... 2023- is a good start post-pandemic...

Good123

25,578 posts

Posted by Good123 > 2023-05-31 14:50 | Report Abuse

A prosperous revival selepas pandemik .... harvest pretty soon ... bertahan ya!

7:13PM
PICORP 1Q net profit 0.397 million

Good123

25,578 posts

Posted by Good123 > 2023-05-31 16:26 | Report Abuse

new chairman, has good networks to get biz for picorp... lagipun the worst is over for picorp.... Q1, 2023 dah profitable, Q2, Q3, Q4 2023 etc lagi hebat

Good123

25,578 posts

Posted by Good123 > 2023-05-31 16:49 | Report Abuse

buy, and harvest in Q4, 2023

cicakman

7,304 posts

Posted by cicakman > 2023-06-01 09:02 | Report Abuse

Still ok ka?

Posted by Ravicristal > 2023-06-01 10:33 | Report Abuse

😥

cicakman

7,304 posts

Posted by cicakman > 2023-06-01 13:34 | Report Abuse

After they buy low,lower and coming lowest then will be laggards quite long times and your money will be sangkut.
Ppl called it program buying strategies.

cicakman

7,304 posts

Posted by cicakman > 2023-06-01 13:57 | Report Abuse

Last in will be first out if lucky.
First in buy high won't be able to go out.
If break 0.08 cts next possible will be 6.5 - 7 cts.

cicakman

7,304 posts

Posted by cicakman > 2023-06-02 09:49 | Report Abuse

You think they buy for you to make money ka?
Akan duduk dlm jail lama tu.

Good123

25,578 posts

Posted by Good123 > 2023-06-02 11:47 | Report Abuse

One gang seems to press down the price. Near the bottom ... sudden rebound anytime

Good123

25,578 posts

Posted by Good123 > 2023-06-02 11:48 | Report Abuse

Flying anytime... 5-10% of total shares accumulated by a gang kot?

Good123

25,578 posts

Posted by Good123 > 2023-06-02 11:48 | Report Abuse

If no volatility no fun

Good123

25,578 posts

Posted by Good123 > 2023-06-02 11:50 | Report Abuse

8sen is the lowest in 2020 during covid 19

Up n down rigorously

Good123

25,578 posts

Posted by Good123 > 2023-06-02 11:50 | Report Abuse

It would rock nonstop... getting ready to rock

Good123

25,578 posts

Posted by Good123 > 2023-06-02 11:52 | Report Abuse

8sen is the lowest when covid 19 started in 2020... 2023 it showed Q1, 2023 profitable.... Time to fly this year....sny fearful sell is the transfer of wealth to us

Good123

25,578 posts

Posted by Good123 > 2023-06-02 11:53 | Report Abuse

Target 15-20sen this year... sny extra cash, just buy

Good123

25,578 posts

Posted by Good123 > 2023-06-02 11:54 | Report Abuse

Bang syed would bring or find Investors for picorp :)


Save Print Back

7201 PICORP PROGRESSIVE IMPACT CORPORATION
Change in Boardroom
Date of Change: 30/05/2023
Type of Change: Appointment
Designation: Chairman
Directorate: Ind & N/Exec
Name: SYED HISHAM BIN SYED WAZIR
Age: 68
Country:
Nationality: Malaysia
Qualifications:
Working Experience and Occupation:
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
Directorship of public companies (if any):
1. MSM Malaysia Holdings Berhad2. Bermaz Auto Berhad
Family relationship with any director and/or major shareholder of the listed issuer:
Nil
Details of any interest in the securities of the listed issuer or its subsidiaries:
Nil
Remarks:
Datuk Syed Hisham bin Syed Wazir's appointment took effect upon the
conclusion of the 31st Annual General Meeting held on 30 May 2023.
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
Submitted By:

30/05/2023 07:00 AM


Ref Code: 202305303300817

Good123

25,578 posts

Posted by Good123 > 2023-06-02 11:55 | Report Abuse

Sudden surge by 2-3sen would kick the ball rolling

Good123

25,578 posts

Posted by Good123 > 2023-06-02 12:00 | Report Abuse

A new investor could emerge anytime, berpuluh-puluh juta syer transacted recently

Good123

25,578 posts

Posted by Good123 > 2023-06-02 12:01 | Report Abuse

Jika Saudi Prince dah muncul sebsgsi salah satu New substantial shareholder, terbang kuat balik

Good123

25,578 posts

Posted by Good123 > 2023-06-02 12:01 | Report Abuse

Just stay calm n enjoy watching

Good123

25,578 posts

Posted by Good123 > 2023-06-02 12:15 | Report Abuse

Quarter Result
31/03/23 31/12/22 30/09/22 30/06/22 31/03/22 31/12/21 30/09/21 CAGR
Revenue 20,531 24,249 23,671 19,900 22,534 24,138 25,376 -13.18%
PBT 1,291 -2,728 727 261 859 4,847 -1,965 -
Tax -894 -402 -669 -229 -1,120 -1,413 -404 69.89%
NP 397 -3,130 58 32 -261 3,434 -2,369

Good123

25,578 posts

Posted by Good123 > 2023-06-02 12:20 | Report Abuse


AFP

Hong Kong stocks rose more than three percent Friday morning, driven by a rally in tech firms on hopes the Federal Reserve will decide against hiking interest rates this month.

The Hang Seng Index surged 3.14 percent, or 571.11 points, to 18,788.02.

The gains follow a lengthy period of losses in the city fuelled by concerns about China's stuttering economic recovery.

But traders tracked a rally on Wall Street and in Europe ahead of the release of US jobs data later in the day that will provide the Fed with a fresh guide on what to do with monetary policy.

Optimism for a rate-hike skip this month was boosted by data showing private hiring slowed in May – albeit at a slower pace than forecast – and wage growth eased for a second straight month.

The news bodes well for the release later Friday of the more closely followed non-farm payrolls figure, which the Fed uses as one of its crucial guides for its rates decisions.

Monetary policy officials have said a softer labour market and much lower inflation were key to the bank being able to stop lifting borrowing costs. - AFP

Good123

25,578 posts

Posted by Good123 > 2023-06-02 12:22 | Report Abuse


Global equities rose on Thursday after the U.S. House of Representatives passed a bill to raise the federal debt ceiling, while U.S. Treasury yields fell as data reflected a cooling labor market that reduces the possibility of an interest rate hike by the Federal Reserve.

A bill that suspends the US$31.4 trillion debt ceiling - and averts a catastrophic government default - sailed through the House of Representatives on Wednesday after a majority of both Democrats and Republicans backed the measure despite opposition from hardline members of both parties. The U.S. Senate will follow up by considering the bill.

David Klink, senior equity analyst at Huntington Private Bank, said the debt-ceiling deal seems to have been well-telegraphed, with investors - conditioned by the debt dramas of the past decade - knowing it was coming.

"So it was like, buy the rumor, sell the news," Klink said.

The MSCI world equity index, which tracks shares in almost 50 countries, added 1.1 per cent. The pan-European STOXX 600 index rose 0.78 per cent after closing at a two-month low in the previous session.

On Wall Street, all three main indexes rose, led by stocks in technology, communication services, healthcare, industrials and financials.

The Dow Jones Industrial Average rose 0.47 per cent to 33,061.57, the S&P 500 gained 0.99 per cent to 4,221.02 and the Nasdaq Composite added 1.28 per cent to 13,100.98.

U.S. Treasury yields fell after Labor Department data on Thursday showed U.S. worker productivity slumped in the first quarter, indicating an easing of the tight labor market and reducing the likelihood of a rate hike.

The yield on benchmark U.S. 10-year Treasury notes dropped to 3.607 per cent, while the yield on the 30-year Treasury bond was down at 3.826 per cent.

The U.S. dollar drifted from a two-month high as investors trimmed bets based on lower rate hike expectations, while the euro recovered from a two-month low after European Central Bank (ECB) President Christine Lagarde said inflation remained too high and further policy tightening was necessary.

The dollar index fell 0.586 per cent, with the euro up 0.68 per cent to US$1.0761.

Oil prices were buoyed by optimism from the passage of the debt ceiling bill that could underpin consumer demand despite reports that U.S. crude inventories rose by about 5.2 million barrels last week.

Brent crude futures settled up 2.3 per cent to US$74.65 a barrel, their biggest daily gains since May 17. U.S. West Texas Intermediate crude (WTI) climbed three per cent to settle at US$70.10 a barrel, recording its biggest daily gains since May 5.

Gold gained nearly one per cent to a more than one-week peak on Thursday, as the dollar tumbled. Spot gold added 0.8 per cent to US$1,978.01 an ounce, while U.S. gold futures gained 0.73 per cent to US$1,978.30 an ounce. - Reuters

Good123

25,578 posts

Posted by Good123 > 2023-06-02 12:22 | Report Abuse


KUALA LUMPUR: The ringgit traded higher against the US dollar in the early session today as investors await the release of the United States (US) nonfarm payrolls data later today, said a dealer.

At 9 am, the local note rose to 4.5990/6030 versus the greenback compared with Thursday's closing of 4.6110/6165.

ActivTrades trader Dyogenes Rodrigues Diniz said investors were uncertain ahead of the release of the US nonfarm payrolls data.

"From a technical point of view, the Relative Strength Index (RSI) indicator shows that the US dollar/ringgit is in an overbought region and the ringgit could rise further if the price manages to break the 4.5860 level.

"If that is the case, the US dollar/ringgit could reach 4.5260, where it should find some solid support," he said in a note today.

Meanwhile, Bank Muamalat Malaysia Bhd chief economist and social finance head Dr Mohd Afzanizam Abdul Rashid said the ringgit could stabilise and might record a slight appreciation given the positive development on the US debt ceiling along with soft economic data that might lead to a more dovish stand by the US Federal Reserve.

In the meantime, the ringgit was traded lower against a basket of major currencies.

It went down to 3.3101/3132 against the Japanese yen from 3.2995/3036 at Thursday's closing, declined against the euro to 4.9494/9537 from 4.9356/9415 and depreciated versus the British pound 5.7602/7653 from 5.7407/7475 yesterday.

The local note was traded mostly lower against other Asean currencies.

The ringgit fell against the Thai baht to 13.2823/3008 from 13.2569/2792 yesterday and slid against the Singapore dollar to 3.4117/4149 from Thursday's 3.4095/4138.

It eased against the Indonesian rupiah at 306.6/307.1 from 307.4/308.0 on Thursday and was flat against the Philippine peso at 8.19/8.21.

-- BERNAMA

Good123

25,578 posts

Posted by Good123 > 2023-06-02 12:23 | Report Abuse


KUALA LUMPUR: The ringgit traded higher against the US dollar in the early session today as investors await the release of the United States (US) nonfarm payrolls data later today, said a dealer.

At 9 am, the local note rose to 4.5990/6030 versus the greenback compared with Thursday’s closing of 4.6110/6165.

ActivTrades trader Dyogenes Rodrigues Diniz said investors were uncertain ahead of the release of the US nonfarm payrolls data.

"From a technical point of view, the Relative Strength Index (RSI) indicator shows that the US dollar/ringgit is in an overbought region and the ringgit could rise further if the price manages to break the 4.5860 level.

"If that is the case, the US dollar/ringgit could reach 4.5260, where it should find some solid support,” he said in a note today.

Meanwhile, Bank Muamalat Malaysia Bhd chief economist and social finance head Dr Mohd Afzanizam Abdul Rashid said the ringgit could stabilise and might record a slight appreciation given the positive development on the US debt ceiling along with soft economic data that might lead to a more dovish stand by the US Federal Reserve.

In the meantime, the ringgit was traded lower against a basket of major currencies.

It went down to 3.3101/3132 against the Japanese yen from 3.2995/3036 at Thursday’s closing, declined against the euro to 4.9494/9537 from 4.9356/9415 and depreciated versus the British pound 5.7602/7653 from 5.7407/7475 yesterday.

The local note was traded mostly lower against other Asean currencies.

The ringgit fell against the Thai baht to 13.2823/3008 from 13.2569/2792 yesterday and slid against the Singapore dollar to 3.4117/4149 from Thursday’s 3.4095/4138.

It eased against the Indonesian rupiah at 306.6/307.1 from 307.4/308.0 on Thursday and was flat against the Philippine peso at 8.19/8.21. - Bernama

Good123

25,578 posts

Posted by Good123 > 2023-06-02 14:26 | Report Abuse

Anytime, it would rocket... just keep your cool

Good123

25,578 posts

Posted by Good123 > 2023-06-02 14:27 | Report Abuse

Retailers ditakutkan untuk mendapat syer mereka Dengan murah

fairyz

337 posts

Posted by fairyz > 2023-06-02 14:30 | Report Abuse

QR % better but still no profit........i think many may still trapped top there

Let's see if any next movement in later Quarter...

Good123

25,578 posts

Posted by Good123 > 2023-06-02 14:32 | Report Abuse

Bila ia naik, pasti laju Dan tak dijangkakan

Good123

25,578 posts

Posted by Good123 > 2023-06-02 14:38 | Report Abuse

Successfully tricked many cash desperate retailers to sell at great loss. Good strategy

Good123

25,578 posts

Posted by Good123 > 2023-06-02 14:47 | Report Abuse

Grabbing nonstop at 8sen.... showtime soon

Good123

25,578 posts

Posted by Good123 > 2023-06-02 14:50 | Report Abuse

2 groups probably.. 1 group sells to another group cheaply attracting retailers with fear, good strategy.. get cheap shArea from frightened retailers.later they would buy nonstop... average cost per share will be low for these 2 groups playing bad or good cop

Good123

25,578 posts

Posted by Good123 > 2023-06-02 15:02 | Report Abuse

Ride on the 2 kumpulan manipulation, u sell I buy so that retailers let go their shares haha

Good123

25,578 posts

Posted by Good123 > 2023-06-02 15:03 | Report Abuse

Later, sudden chase all the way up

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