Tomolo morning sure goreng up 2 to 3 cent since alliance collect so much today n posting it... just like greenyb this morning..make sure.u chase earlier at 9 am n cabut earlier.
Plab is my holding since last year but I am very uncomfortable and should beware of this SAStockAliance, Everyday introduce few counters; if up then claim the credit; if drop then escape and make dont know
I have been monitoring this scam few times. Few counters go HOLLAND liao
REDTONE, HHGroup;MPay and many more................
Though he is in Singapore, if a complaint is lodged, Interpol has to do the job to trace his IP under stock manipulation. I am consulting with my friend who is a lawyer on how to go about. This guy has to be pinned.
100% agreed. Current directors all too old and sleepy. New directors should drive more value for the Company. I think there is upside here. It is already moving !
This is pathetic. The stock finally moves when the new owner voiced up and tried to clear the old mentality obstacle, so we the shareholders can see the daylight.
KUALA LUMPUR: Two substantial shareholders collectively holding a 14.01% stake in Peterlabs Holdings Bhd want to oust seven board members.
The reasons being the seven directors have been drawing too high salaries and that the 10-member board is considered too big for the ACE Market-listed firm, said executive director Lau Kin Wai, who is also the board representative of Fatfish Venture Sdn Bhd.
Fatfish, which holds a 7.7% stake is one of the substantial shareholders which has served a notice to Peterlabs to requisite an EGM for the removal of seven directors, and appointment of three others as new directors and redesignation of one director.
Hoifutinhong Sdn Bhd is the other substantial shareholder holding a 4.06% stake.
Kin Wai claimed that the current board is not optimal due to three reasons. First, the board is too big for swift decision making and functioning effectively.
Secondly, a majority of its board members (70%) are above 60 years old. Thirdly, the directors are disproportionately rewarded with approximately 45% of the company’s net profit.
Peterlab’s director remuneration, including salary and bonus, amounted to RM1.73 million compared with annual net profit of RM4 million, according to its annual report for the financial year ended Dec 31, 2017.
“By shrinking the board and reappointing the directors, we could potentially enhance the bottom line. We need younger and talented people to bring the company to the next level,” Lau told The Edge Financial Daily.
“As an institutional shareholder, we are interested to enhance our investment value, there is something to improve the company, starting from the important component of the company — the board of directors,” said Kin Wai, adding that Peterlabs has not been able to unleash its full growth potential.
In a filling with Bursa Malaysia yesterday, the ACE Market-listed animal health and nutritional products maker said the directors whom the two shareholders want to remove are Lim Tong Seng, Datuk Hon Choon Kim, Dr Paul Cheng Chai Liou, Yap Siaw Peng, Lau Yeng Khuan, Dr Vijaya Raghavan A/L M P Nair and Azman Abdul Jalil.
Lim is the managing director and co-founder who is holding a 6.03% stake. The company’s largest shareholder is Teo Chin Heng, who is also the co-founder, with a 9.84% stake.
Meanwhile, they are proposing to appoint Chai Choon We, Goh Sim Geh and Cheoh Hor Jin to the board. There is also a proposal to redesignate Kin Wai as a sole managing director of the company.
Peterlab’s director remuneration, including salary and bonus, amounted to RM1.73 million compared with annual net profit of RM4 million, according to its annual report for the financial year ended Dec 31, 2017.
lau kin wai and his fatfish is lousy as hell. cant even force these bunch of old folks to work properly.. if you check his fatfish shares in ASX it is not even trading.. basically he is just barking dog that cant even bite.. hahaha
hahahaha. fat dude act like he smart. come out news everywhere then got demoted from ED demoted to Non Ind Non Exec Director soon sure will be fired, basically got no rights to do anything. such an amateur, no money to buy shares to fight don't play la.. this is big boys game, he poor fatty ask him go Genting better
Well, something needs to be done! Its obvious that the business is not performing to its potential and therefore the business requires change, if that includes the letting go of certain directors, for the benefit of the business, so be it. At least certain people/institutions are trying to introduce change. Perhaps some disgruntled employees have turned up on this board.
that poor fatty can only talk. go media say this say that but cannot do anything. end up also got thrown out into a dormant director role. if you see his australia fatfish's share... it is only at 1 cent with little or no transaction, either he is dumb or just simply poor.. cannot fight don't fight la.. no money dont play this game.. bark louder than bite, dont call fatfish.. call uselessdog better
Wow... Just realised this limtongseng is actually the MD of PeterLabs. I'm surprised at his mannerism... No wonder his company cannot grow... MD talks like a kampung boy...
be kampung boy also good. the company has been around for the past 20 years, profitable although it is operating in a cut throat industry. then suddenly this fatty that can't even manage his company properly come in and try to do a take over? Why don't he proof it by taking the shares of the company to 40 cents? why he cannot manage his fatfish to 50 cents in ASX? stupid barking dog fatty
The company has been profitable y-o-y and q-o-q.. you said the management doesn't know how to manage? Operating in a cut throat industry and seasonal sales, the company managed to be profitable. The share prices are affected mainly because of the industry the company is in are very competitive and not many analyst are interested in a defensive small cap stocks.
Take a look at the useless fatty dog's company, oriented media, viztel, fatfish (asx), icandy (asx) all are making losses and swindles out shareholders and company money.. all you idiot that supports fatfish most probably are the employees employed to troll in public forum..
do your research and good luck
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Plab 0171
1.技術面:
A)上升趋势
B)阻力0.33
C)BB打开向上涨
2.)基本面
好股,PE 20.29
Revenue新高,profit上涨
Latest EPS =0.47(有一次性盈利要扣除)
0.47x4x20/100=Rm0.376(如果可以保持盈利)
3.消息面
a.最新季度 Revenue增加,Profit增加
b.Q4大概在明年2月尾
c.目前公司积极扩充中国业务
d)要注意接下来扩充的业务会不会带来跟多盈利