Posted by Skipz Yang > 2017-11-21 17:59 | Report Abuse

what i am worried is that SKIN contract is terminated...insiders know that's why they are dumping...

Posted by johnny cash > 2017-11-21 19:30 |

Post removed.Why?

Posted by johnny cash > 2017-11-21 19:31 | Report Abuse

We got one of the worst sercurity systems run by security commission..

Posted by hng33 > 2017-11-21 21:45 | Report Abuse

Director of the company are busy buying share in open market to capitalize on generous offer discount by institutional fund selloff.

Posted by apolloang > 2017-11-21 21:47 | Report Abuse

KKB and HARBOUR before announce results already up......bursa mata buta kah or insider in bursa people buying and the next day selling

Posted by apolloang > 2017-11-21 21:47 | Report Abuse

always after 3pm already up before announcement

Posted by apolloang > 2017-11-21 21:49 | Report Abuse

should complain to the edge or the star to highlight issue of insider trading 1 day ahead of announcement

Posted by hng33 > 2017-11-21 21:50 | Report Abuse

Skin is lucrative and long term under concession business model with government backup. Many bank in fact are rushing to offer their best financial with competitive interest and support solution. The recent selloff by institutional fund is solely due to adjustment to their portfolio to better reflect exclusion prestaring stock in latest MSCI index list, there is nothing to do with prestaring fundamental.

However, thanks to big discount offer by institutional fund selloff too, allowing entry at relatively lower price today at 1.21-1.22.

Posted by hng33 > 2017-11-21 21:54 | Report Abuse

Prestaring is one of key beneficial stock on RM strengthen. Ringgit have continue strengthen to hit highest level vs USD now.

Prestaring have many of its cost are USD denominated, such as software material, Microsoft licensing fee, education content etc.

The recent award of SKIN also is collaboration between prestaring and foregin partner which derive import technology and software material, cost is in USD denominate, but earning in RM, give rise to higher NETT profit margin.

Posted by apolloang > 2017-11-21 21:58 | Report Abuse

sasbadi another education stock also down a lot.prestariang I bought 1.90 down till 1.70 and bought somemore then up to 1.90 but thankfully sold all at 1.87.now only 1.20 pula

Posted by apolloang > 2017-11-21 22:00 | Report Abuse

price look cheap but actually PE still high. but can start fishing a bit now,if down buy somemore

Posted by apolloang > 2017-11-21 22:07 | Report Abuse

I suspect govt funds dumping gearing for GE on many counters

Posted by ahbeng > 2017-11-22 09:12 | Report Abuse

People still dumping this shares. 2 directors come out acting to acquire few hundred shares, may b to fool the public. Foresee on the way to Rm 0.80...

Posted by ks55_ > 2017-11-22 09:14 | Report Abuse

QR not out so must use last QR EPS 1.2 sen. MRCB similar EPS 98 sen why PresBhd 1.2?

Posted by hng33 > 2017-11-22 09:22 | Report Abuse

One should not be too surprised by the price drop if you look at the occasional bouts of selling over the past 2 years.

However, if you draw a line connecting the recent bottoms, the stock should have support at RM 1.20-1.25. If Presbhd can rebound back and stay above its long-term uptrend line, the technical rebound is expected.

Posted by bunuhsateman > 2017-11-22 09:26 | Report Abuse

Sayonara Ohhh... journey to TIONGSAN !!!

Posted by hng33 > 2017-11-22 09:28 | Report Abuse

Recovery soon :)

Posted by Ah Kow, Ali dan Muthu > 2017-11-22 09:29 | Report Abuse

die hard.. ask money from share holder again.. EPF sold...

Posted by johnny cash > 2017-11-22 15:43 | Report Abuse

Do not tell me the SKIN is terminated

Posted by hng33 > 2017-11-22 16:21 | Report Abuse

Be patience, limited downside already, anytime will recover back once post better Q result and achieve financial close from bank facilities to fund SKIN development.

Posted by kelvin1 > 2017-11-22 19:19 | Report Abuse

RM13 million contract can save Prestariang?? or is cabut time....

Posted by hng33 > 2017-11-22 20:26 | Report Abuse

Another additional contract from different ministry, RM 13m from MOE on top of earlier already secure long term SKIN worth RM 1 billion.

As said earlier, prestaring is major stock benefited from current strengthen RM vs USD, as all licnencing fees and software cost are USD denominated, but, profit is in RM, resulted, incremental in profit margin forward.

Posted by ahbeng > 2017-11-22 21:24 | Report Abuse

Major customer is government. Govt now channel all the fund to GE, where got $$ for software, rm0.8 on the way

Posted by 4444 > 2017-11-22 21:28 | Report Abuse

SKIN cannot do so aim RM 13 million instead?

Posted by johnny cash > 2017-11-23 09:46 | Report Abuse

hng33, hope everything is ok with this counter, hope the insiders are not hiding something negative

Posted by hng33 > 2017-11-23 10:12 | Report Abuse

KUALA LUMPUR: Nestle (Malaysia), Press Metal Aluminium and SP Setia have been included into MSCI Malaysia Index with effect from Nov 30, giving a boost to the companies as they will be under the radar of global fund managers.

Under its November 2017 semi‐annual index review for the MSCI Equity Indexes, it said on Tuesday that under its MSCI Small Cap Index it had included Eco World International, George Kent, Hengyuan and Petron Malaysia.

However, it deleted CB Industrial, Jaya Tiasa, JCY Industrial, Media Prima, Prestariang and Tune Protect from the Small Cap Index.

MSCI is a leading provider of research-based indexes and analytics. The review for the MSCI Equity Indexes – included the MSCI Global Standard, MSCI Global Small Cap and MSCI Micro Cap Indexes, the MSCI Global Value and Growth Indexes, the MSCI Frontier Markets and MSCI Frontier Markets Small Cap Indexes.

https://www.msn.com/en-my/money/topstories/msci-adds-nestle-press-metal-sp-setia-to-malaysia-index/ar-BBEWgN4?li=AA4Zjl

Posted by hng33 > 2017-11-23 10:12 | Report Abuse

The recent selloff by some fund is solely due to adjustment to their portfolio to better reflect exclusion prestaring stock in latest MSCI index list, there is nothing to do with prestaring fundamental including lucrative SKIN

Posted by CCV2013 > 2017-11-23 21:02 | Report Abuse

Wow! It is a very solid Q3 announcement. The initial recognition from SKIN revenue has bought in a very good revenue and profit margin. I am confident of this counter is on its way back to RM 2 to RM 3 range once its financing on SKIN is announced! Current low price (due to delisted from MSCI index) offers a rare opportunity to make abnormal profit for "certain" investors!!!!!!!!!!!!

Posted by hng33 > 2017-11-23 21:25 | Report Abuse

Yesss, prestaring have officially commence SKIN concession project, record first revenue RM 30m, and record profit RM 8.4m, a whopping pretax profit margin of 28%. SKIN concession now is the largest revenue and profit contributor to prestaring onward.

Please take note, the entire SKIN concession project alone is worth RM 1.0 billion, to be completed in 3 year development. Based on gross profit margin of 28%, prestaring stand to reap a handsome RM280m pretax profit margin for next 3 year. Take into account tax factor, prestaring going to reap net profit RM 70m per year or about 15sen earning per share for 3 year consecutively during SKIN development period.

Once SKIN project is completed in 3 year time, prestariang will commence next stage of development, maintenance phase under concession for next 12 year consecutively and prestaring will derive annual revenue RM 295m from government consistently throughout entire concession.

Posted by 4444 > 2017-11-23 22:49 | Report Abuse

QOQ profit drop 21%. No wonder AIA sold. Further no more in MSCI Index coming 30th Nov.

Posted by 4444 > 2017-11-24 03:57 | Report Abuse

Dividend drop from 1 sen to 0.5 sen. So TP 60 sen?

Posted by hng33 > 2017-11-24 09:18 | Report Abuse

Momentum of recovery speed UPPPPPPPPPPPPPPPPPPP

Posted by cooling > 2017-11-24 09:23 | Report Abuse

seems like no more upside...1.30 is max...
p/e 41, nta 0.34 and eps is crap

Posted by CharlesT > 2017-11-24 09:43 | Report Abuse

The worse is over lah...limited downside risk and lots of upside potential with SKIN started to contribute to the bottom line..

Posted by CharlesT > 2017-11-24 09:47 | Report Abuse

Hng33 dont be tempted to sell for few cents gain...lol

Posted by CharlesT > 2017-11-24 09:48 | Report Abuse

At the moment still 70 cents lower than Jan's RM2.00+....

Posted by bunuhsateman > 2017-11-24 09:50 | Report Abuse

Sayonara Ohhh... journey to TIONGSAN !!!

Posted by hng33 > 2017-11-24 10:13 | Report Abuse

However, in the short term, Prestaring share price still will be affected by fund adjustment to their exposure due to Prestaring exclusion from MCSI index list.

Posted by johnny cash > 2017-11-24 10:36 | Report Abuse

CIMB gave a good tp

Posted by hng33 > 2017-11-24 12:20 | Report Abuse

Portfolio have locked all profit on prestaring at 1.30-1.31, locked all handsome profit, free up all capital. Will buyback once MSCI index take effect next month.

Posted by johnny cash > 2017-11-24 14:24 | Report Abuse

cimb gave 2.69

Posted by CharlesT > 2017-11-24 14:27 | Report Abuse

If u wanna c bigger money hold for the next 2 Q results

Posted by FaizalAziz79 > 2017-11-24 15:34 | Report Abuse

i heard it will push 1.40 today

Posted by FaizalAziz79 > 2017-11-24 15:34 | Report Abuse

let see

Posted by zoomboom > 2017-11-24 17:59 | Report Abuse

very nice.... baik punya rebound.
steady angsa tersayang ku...

Posted by CharlesT > 2017-11-27 09:22 | Report Abuse

CharlesT Hng33 dont be tempted to sell for few cents gain...lol
24/11/2017 09:47

I told u so.....

Posted by hng33 > 2017-11-27 09:40 | Report Abuse

bought back all prestarinag at 1.41-1.45

Posted by CharlesT > 2017-11-27 09:46 | Report Abuse

What for hand itchy? much more handsome gain can be made....

Posted by hng33 > 2017-11-27 09:49 | Report Abuse

hahahhaha, on track to break RM 1.50 nowwwwwwww

Posted by madcow > 2017-11-27 09:53 | Report Abuse

I keep mine brought at RM2+ and brought some at 1.21 .... shld I sell some now ?