Posted by jaynetan > 2024-04-24 21:24 | Report Abuse

😁

Posted by goldmanbull > 2024-05-01 23:28 | Report Abuse

Loss was due to a grant reversal. The accounting treatment for grant reversal is to spread out the income over the useful life of the asset. Hence, it was an accounting treatment only. Without this reversal, this quarter would be profitable.

Posted by goldmanbull > 2024-05-01 23:29 | Report Abuse

Please note that this quarter is a seasonally slow quarter as sales in Oceania market will slow down during Christmas. FYI it is normal for companies to close for 2 weeks in December in Australia

Posted by goldmanbull > 2024-05-01 23:30 | Report Abuse

Despite the seasonally weaker demand of this quarter, PGF manage to achieve the second highest quarterly revenue so far. We look at topline revenue. Fundamentals are still intact.

Posted by goldmanbull > 2024-05-01 23:31 | Report Abuse

In addition, earnings will double when property segment start to kick in.

Posted by goldmanbull > 2024-05-01 23:34 | Report Abuse

THE ONLY LISTED COMPANY IN BURSA THAT MANUFACTURES POLY WOOL. IT WILL FETCH HIGHER VALUATION LATER. STILL AN UNDISCOVERED GEM BY THE MARKET. ALSO PGF HAS HUGE LANDBANK YET TO COMMERCILIAZE.

Posted by kritikos > 2024-05-02 23:10 | Report Abuse

morning it got sold down to 1.76.. but good that it bounced back to close at 1.85. If ppl read the results properly, then can tell operationally no issue, revenue up, operating profit up. just that they have to revert some grant due to accounting policy issue. tomorrow hope it will go back to RM1.9x level... and eventually break RM2 level *fingers crossed*

Posted by donald770 > 2024-05-03 05:40 | Report Abuse

Agreed

Posted by goldmanbull > 2024-05-03 13:26 | Report Abuse

Wahhh Penang Girlfriend steady (PGF) hahaha

Posted by khatulistiwa8 > 2024-05-04 14:05 | Report Abuse

https://klse.i3investor.com/web/pricetarget/research/71233
TA Research covers the stock.. can read the analysis there. Maintains TP at RM2.76. Price sudah recovered to RM1.89.. strong eh.
btw, company got recommend 1.5 sen dividend.. but have to wait a bit.. need shareholder to approve first at AGM.

Posted by jaynetan > 2024-06-01 22:22 | Report Abuse

Some interesting actions
1. Director sold shares to institution
2. Director converted pa

Posted by jaynetan > 2 months ago | Report Abuse

now it comes

Posted by jaynetan > 2 months ago | Report Abuse

sweet dreams

Posted by kritikos > 1 month ago | Report Abuse

watch this space.. if you have been following TA's report, good things are coming. 💪