Posted by richman > 2018-10-26 11:17 | Report Abuse

first time looking at this stock after reading on it looks like prospects dim.I will not trust those research houses with their vested interest

Posted by fong7 > 2018-10-26 11:20 | Report Abuse

research house? anytime can cut TP by 80%. hahaha!

Posted by richman > 2018-10-26 11:32 | Report Abuse

if any allegations surface of bribes given to secure contracts lagi turun

Posted by jbon_99 > 2018-10-26 12:09 | Report Abuse

https://www.thestar.com.my/business/business-news/2018/10/26/prestariang-comes-under-pressure/

Posted by EVO118 > 2018-10-26 12:21 | Report Abuse

If Abu Hasan wants to get out of further margin call the next QR due very soon better be good or he will have to do more cut loss again.

Posted by Jaden > 2018-10-26 13:44 | Report Abuse

I won't touch unless below 0.40..

Posted by Flintstones > 2018-10-26 13:48 | Report Abuse

Wow, insiders selling like mad. Run.

Posted by Maxigain > 2018-10-26 15:14 | Report Abuse

Gamuda contract with lower cost.. what does that tell you? Contract will go on with disc....it will not be scrapped

Posted by newbe > 2018-10-26 15:24 | Report Abuse

Gamuda is now rejuvenate

Posted by newbe > 2018-10-26 15:27 | Report Abuse

so when is Prestariang's turn ?

Posted by zhm540 > 2018-10-26 15:31 | Report Abuse

lots of forced selling today...

Posted by newbe > 2018-10-26 15:34 | Report Abuse

friday blues

Posted by ColaBear > 2018-10-26 15:34 | Report Abuse

next Monday...

Posted by vinoth > 2018-10-26 15:36 | Report Abuse

I queue 0.38. Try my luck.

Posted by einstein6 > 2018-10-26 15:37 | Report Abuse

zhm540 lots of forced selling today...

Forced selling as in T4 contra force sell, or ?

Posted by ColaBear > 2018-10-26 15:52 | Report Abuse

yes, T-4

Posted by ColaBear > 2018-10-26 15:57 | Report Abuse

gamuda jump now!! who is next? prestariang??

Posted by hng33 > 2018-10-26 16:06 | Report Abuse

bought back all on weakness again for more quick contra profit :D)

Posted by Millionairegig > 2018-10-26 16:29 | Report Abuse

Good time buy. Lots of forced selling. Bloomberg many red this week but expected to be good next week as oil price is getting it's strength. Have fun all. See you all in next Monday. Cheers weekend.

Posted by d_trade > 2018-10-26 17:47 | Report Abuse

monday morning should be interesting

Posted by rr88 > 2018-10-26 20:23 | Report Abuse

End of technical rebound. 0.27 before end of year. Sell.

Posted by Aiw Siow > 2018-10-26 20:25 | Report Abuse

Is true 0.27?

Posted by vinoth > 2018-10-26 21:15 | Report Abuse

My remisier that time told me 0.15.

Posted by Aiw Siow > 2018-10-26 22:02 | Report Abuse

My reminder tell me will bankrupt

Posted by zerocool7199 > 2018-10-26 22:34 | Report Abuse

Your remisier not tell you go died?

Posted by Aiw Siow > 2018-10-26 22:59 | Report Abuse

Me all in at 0.48.wait died...

Posted by fong7 > 2018-10-26 23:38 | Report Abuse

my remisor told me to die, but give him all my money before i die.

Posted by fong7 > 2018-10-26 23:39 | Report Abuse

and btw, my remisor told me this stock will go to 1 sen, so wait for 1 sen and buy.

Posted by fong7 > 2018-10-26 23:39 | Report Abuse

he said if 1 sen you buy you still loss money, he will cut off his head and die in front of me. Hahaha!

Posted by fong7 > 2018-10-26 23:40 | Report Abuse

btw, why the big investors kena force sell? I don't understand. Why are they playing margin on their own company's stock? I don't understand. Can anyone explain a bit? Thank you.

Posted by John1234 > 2018-10-27 00:36 | Report Abuse

Yes, a lot of pp do not understand. It is not called margin trading. It is just that the majority shareholder pledges a big chunk of his shares with a finance company. When the share price drops and hits the top-up trigger point and if he is not able to top up with more cash and shares, the finance company will force sell the pledged shares in the open market to recover the loan amount.

So, he is forced to sell his shares as the share price is down sharply...

Posted by John1234 > 2018-10-27 00:41 | Report Abuse

Unless the company is going into bankruptcy, it should not drop to 1 sen.

Posted by didi7349 > 2018-10-27 07:57 | Report Abuse

he pledges his share for?

Posted by John1234 > 2018-10-27 09:50 | Report Abuse

To free up extra cash for his personal use, eg to buy/subscribe for shares, property investment, etc. For the exact reason, only he knows.

Posted by Christiano88 > 2018-10-27 11:00 | Report Abuse

http://www.klsescreener.com/v2/news/view/449116

Posted by Linus Kt > 2018-10-27 11:44 | Report Abuse

Should hold or sell???

Posted by Aiw Siow > 2018-10-27 11:55 | Report Abuse

Good or bad

Posted by ray1980 > 2018-10-27 14:18 | Report Abuse

IB force selling big shareholders share on market because them can not payment money.Reported on online news already.I think can't very quickly up go high because if big shareholders' share is sold already,where got assets to apply bank loan or capital to fight back?Plus big fund no interest now for high risk counter.

Posted by freddiehero > 2018-10-27 14:20 | Report Abuse

come back later..

Posted by ray1980 > 2018-10-27 14:24 | Report Abuse

Reported news wrote Seacera, Jaks also same situation now.Everywhere got trap now when economy country not stable.Many cases will be coming.

Posted by ray1980 > 2018-10-27 14:36 | Report Abuse

After read online news,The management don't want told people true things n what happen till now.Bursa need take action to this company to announce latest information now for public.All buyer is stupid now.

Posted by Emily Wong > 2018-10-27 14:46 | Report Abuse

oversold already, monday should rebound again

Posted by sonichead > 2018-10-27 15:04 | Report Abuse

http://www.imi.gov.my/images/keratan_akhbar/2018/7_Jul/05072018/05072018_nst2.jpg

Posted by Annetan > 2018-10-27 15:12 | Report Abuse

The price and volume action warns one to be careful of this stock.

Posted by ColaBear > 2018-10-27 15:34 | Report Abuse

Year-to-date, the Prestariang stock has dropped by some 68% to 48 sen, as of Oct 26. At this price, it has a a market capitalisation of RM231.5mil, a far cry from the billion ringgit market cap it used to command.

For context, the counter has underperformed the FBM Small Cap Index, which has declined by about 26% in the same period.

Despite Prestariang turning into a penny stock since early October, analysts still assign target prices above the RM1-mark for the stock.

According to Bloomberg, the consensus 12-month target price is RM1.53.

CIMB Research Nigel Foo estimates SKIN to be worth RM1.08 per share.

“We estimate SKIN’s [current] value to be around RM750mil and since Prestariang owns a 70% equity stake in SKIN, this concession is worth RM525mil or RM1.08 per Prestariang share.

“At the current share price of 44 sen, investors are valuing its existing business on 2018’s price-to-earnings ratio of 13 times and assuming zero value for SKIN project,” says Foo in an earlier note, who retained the “add” call on Prestariang.

https://www.thestar.com.my/business/business-news/2018/10/27/the-heat-on-skin-puts-prestariang-in-a-spot/

Posted by ray1980 > 2018-10-27 15:44 | Report Abuse

IB can't giving new Tp,I think they can't collect truly use information from this company.This will be very no transparency n no fair for all.

Posted by Millionairegig > 2018-10-27 18:49 | Report Abuse

While others are dumping their shares, some started to buy the shares in high volume. Pump n dump case or there will be some good prospect in this counter?

Posted by Fantastico > 2018-10-27 18:52 | Report Abuse

Ikan bilis always the victim sad... In the US they say, when the big funds push up price to attract the average Joe in, they are disposing all their shares...

Posted by Millionairegig > 2018-10-27 19:21 | Report Abuse

We loose in both first information and speculations. But this is somehow the system works. I'm hoping more good results coming next week. The bull is sleeping.

Posted by ray1980 > 2018-10-27 19:48 | Report Abuse

Baby bear coming,Mega bear will be coming no longer...Bursa market...