Posted by Luke91 > 2018-11-07 21:31 | Report Abuse

tomorrow who will help pump?

Posted by trader9918 > 2018-11-07 22:46 | Report Abuse

SKIN project still intact , why worry.. it will rebound like gamuda or myeg...

Posted by fong7 > 2018-11-08 08:26 | Report Abuse

wow.....they just let it go like that....and the IB no longer need to answer any question regarding their previous report (and TP). What an easy job for them. Later, if things go well, share price pop up 2 to 3 folds, then they suddenly "re-allocate resources" to cover the stock again, with another ballooning TP with 100% upside and PE of 40x. Brilliant. Haha!

Posted by mukhriz02023 > 2018-11-08 08:50 | Report Abuse

bye2 prestariang. see u soon. thanks for the profit. surely goes down today. no buyer all seller

Posted by steveninvest > 2018-11-08 09:09 | Report Abuse

The price for the prestariang is reaching target price.
Fast switch to buy Tecfast(an undervalued stock) before it rise further.
https://klse.i3investor.com/servlets/stk/0084.jsp
current Price : 0.38
Target price : above 0.80.

Posted by TunDiam > 2018-11-08 09:58 | Report Abuse

bitches its going up

Posted by TunDiam > 2018-11-08 09:58 | Report Abuse

FMD its going down

Posted by Nicholasming91 > 2018-11-08 10:21 | Report Abuse

Soooohaii mr pang say tp 80 . Kikiki con man con man short seller

Posted by speakup > 2018-11-08 10:21 | Report Abuse

anybody know what happen to Pakatan promise to show EPL on RTM?
https://www.channelnewsasia.com/news/sport/epl-on-rtm-if-malaysian-opposition-wins-election-says-youth-wing-9842162

Posted by Wondering > 2018-11-08 12:39 | Report Abuse

Supermx

Posted by turbofast > 2018-11-08 16:36 | Report Abuse

Buy

Posted by mukhriz02023 > 2018-11-08 17:10 | Report Abuse

sell all guys. let them bankrupt

Posted by pang72 > 2018-11-08 18:12 | Report Abuse

Sohai Nicholas.....you lose till Xiao or short Liao...

Posted by pang72 > 2018-11-08 18:35 | Report Abuse

Musang, actually has stopped but this Nicholas need my sai.
I dobhim a favor too!

Posted by pang72 > 2018-11-08 19:13 | Report Abuse

Very Ong recent few days....
Huat till kau kau!!!

Posted by pang72 > 2018-11-08 19:14 | Report Abuse

Prestariang lock profit 5 figures..

Posted by EVO118 > 2018-11-09 10:04 | Report Abuse

The way I read this is the govt cannot afford to get into another compensation agreement with Prestariang, especially after an agreed huge compensation to MRCB / George Kent. It's only my opinion, do your own analysis.
https://klse.i3investor.com/blogs/AmInvestResearch/181520.jsp

Posted by oasischeah > 2018-11-09 13:11 | Report Abuse

Market want to rise but overall sentiment is poor. Not much support compare to few days ago.

Posted by mukhriz02023 > 2018-11-09 13:59 | Report Abuse

Buy at 4. idss seller have to sell b4 4.30. price will up

Posted by Jacky Chua > 2018-11-09 15:28 | Report Abuse

come on sai lang please..can up to Rm1

Posted by pang72 > 2018-11-09 22:52 | Report Abuse

Interesting

Posted by ray1980 > 2018-11-11 11:47 | Report Abuse

Bank Pembangunan Malaysia Bhd give loan for this company?News say this government bank is shit bank have many problems.Market would be giving impact next week trade?

Posted by Des07 > 2018-11-11 11:59 | Report Abuse

Bank pembangunan is owned by MoF.....

Posted by Des07 > 2018-11-11 12:09 | Report Abuse

This is a gem, explosive, high growth, PE<4, SKIN concession alone give recurring EPS 7 sen each year equivalent to 10% ROI based on current price.

Posted by jack2 > 2018-11-11 20:20 | Report Abuse

Dont dream of skin
If gov to proceed, which unlikely; with cut throat revised price
Till no fats, left bone; take it or no go

Posted by ray1980 > 2018-11-11 21:46 | Report Abuse

I think Malaysia government's financial situation is not stable now!Be risk...

Posted by ray1980 > 2018-11-11 21:51 | Report Abuse

MoF LGE told all department need reduce at least 10% cost on projects.The SKIN on this monitor radar!?Because cost of SKIN is big figure project.

Posted by trader9918 > 2018-11-11 22:06 | Report Abuse

the skin project already 10% completed. it will not cancel but surely will be revised , cut cost. the price already factor in this possibblity

Posted by trader9918 > 2018-11-11 22:09 | Report Abuse

i think this time LGE will be more relax, after what happpened in gamuda case. many people not happy with him.

Posted by trader9918 > 2018-11-11 22:17 | Report Abuse

if cut 10% ,, .. 15 year about rm200 mllion conssesion.. huhu.. ciak be liaou...haha.

Posted by trader9918 > 2018-11-11 22:22 | Report Abuse

Prestariang RM3.5b SKIN project to proceed
JULY 4, 2018 @ 4:52PM
BY AZZMAN ABDUL JAMAL

Prestariang Bhd group chief executive officer Dr Abu Hasan Ismail. (Photo by NURUL SHAFINA JEMENON)
 

KUALA LUMPUR: Prestariang Bhd will proceed with its Sistem Kawalan Imigresen Nasional (SKIN) project as long as the RM3.5 billion project will not be subject to review by the government.

 Group chief executive officer Dr Abu Hasan Ismail said the project would be carried out as per the definitive concession agreement signed on July 18 last year.

SKIN is a border protection control systems which will replace the existing Malaysian Immigration System (myIMMs).

Prestariang was now focused on completing the project on time in 2020, Abu Hassan said when met by reporters after meeting the five-man Council of Eminent Persons here today.

 "They (the council members) want to know about SKIN, so we are giving updates on the project to them. We have not received any (instructions for review) yet, and it will continue as stated in the contract," he said, when responding on whether the new government would review or abolish the SKIN implementation.

SKIN, which is expected to be implemented in 2021, is a system designed to empower the country's immigration control system, thus preserving the national border security to meet current and future immigration operation needs.

 The enhancements will include enhancing the coordination of the immigration processs in order to enhance the efficiency and effectiveness of cross-border crime.

 The system will be also be linked to all national gateways, including airports and borders and attache offices overseas.

 In July 2017, Prestariang through its subsidiary, Prestariang Skin Sdn Bhd, signed a concession agreement for 15 years with the Home Ministry to replace myMIMs.

Prestariang had said it would receive the payment upon full commissioning of SKIN Solutions, with an average annual payment of RM294.7 million for 12 years, from the fourth to the 15th year, during the maintenance service period.

The company roped in French defence, technology and security firm Thales Communications

Posted by zerocool7199 > 2018-11-11 22:44 | Report Abuse

PH goverment have to take care our emerging market seriously.when much of malaysian get burn in stock economy will be more worst and no need say i think is hard for them to have another term..

Posted by Des07 > 2018-11-11 23:02 | Report Abuse

Development only take 12 months. year 2 and 3 is to roll out to all sites (200+). Now probably already 30%-40% in development. Half way change design/scope will make the cost goes up.. It is not as simple as cut cost for the remaining 60%. Those in IT development/project will understand. Some more.. the government only start paying in year 4 i.e. 2021.. by then next election due before even they could show any material cost saving. The fact that Bank pembangunan provided the loan to fund 99% of the project showed that MoF already gave the blessing.

Posted by jack2 > 2018-11-12 08:01 | Report Abuse

U can go to bank & borrow rm1.0m for yr mortgage loan; if no drawdown
No liability except comitment fees; may even cancell

Posted by jbon_99 > 2018-11-12 09:00 | Report Abuse

Des07, i heard gov while reviewing, the SKIN project's progress has been halted or stand down until they will announce it.

Posted by oily gassy > 2018-11-12 09:21 | Report Abuse

If the project is temporarily halted, shouldn't this be made known to Bursa

Posted by Des07 > 2018-11-12 11:08 | Report Abuse

jbon.. from what I see the prestariang share melt down more driven by selling by KWAP, AIA (due to fund liquidation), director force selling and not so good Q2 result and "speculation" on SKIN being cancelled/reduced... that created in balance in shares supply and demand and the price would have priced in the inbalance. The most selling has finished by end of Oct. and start the journey to move up (volume also coming back show people dare to buy). Any announcement on SKIN would be good as it gives clarity and certainty. Educloud, Unimy (student growing, strong demand for digital education, expanding campus), software (contract already in hands), job matching business offer bright prospects (not impacted by trade war) along already justify the current price. Pricing/contract renegotiation is part of the business that the company need to handle and work on the cost base and they are many levers available. If you believe SKIN will eventually go ahead (don't worry about how much price it cut), then buy now. If you think it will be cancelled, then don't jump in now.

Posted by Christiano88 > 2018-11-12 13:09 | Report Abuse

seller more than buyer

Posted by jack2 > 2018-11-12 20:25 | Report Abuse

Its normal, PH gov gave stop order notice to many projects less than 10%; meaning further review

Posted by dragon12345 > 2018-11-12 21:58 | Report Abuse

Heard that govt will compensate whatever work done on SKIN. After that invite other proposals from different supplier in order to reduce the total cost.

Posted by dragon12345 > 2018-11-12 22:03 | Report Abuse

Yes heard that the SKIN project is halted until receive a good proposal from other supplier.

Posted by TKP9966 > 2018-11-12 22:09 | Report Abuse

Collect in low , once confirm SKIN continue , it will gap up for sure

Posted by fong7 > 2018-11-13 06:26 | Report Abuse

where you guys "heard" from? remisors? or insiders?

Posted by md1961 > 2018-11-13 09:45 | Report Abuse

Nose dive

Posted by dragon12345 > 2018-11-13 10:17 | Report Abuse

As of now, SKIN is halted ! Govt will look into better solution to save COST ! Definitely govt will implement border security project but needs time to re-visit for a better proposal.

Posted by toffeemoose > 2018-11-13 10:26 | Report Abuse

yup..pls stay clear...if wanna invest long

Posted by jbon_99 > 2018-11-13 10:32 | Report Abuse

dragon12345, where do you get the info from? Please share the link or any of info here. Or do you just put rumors here?

Posted by BillyK > 2018-11-13 10:45 | Report Abuse

if gov seek any new proposal, ah tech will win for sure

Posted by EVO118 > 2018-11-13 10:54 | Report Abuse

It is more than likely rumors & wishful thinking. It's not "HEARD" , more like "IMO". It is very costly to halt it. To restart again will mean another 2 years of lead time before we see any results. Also in 2 years time with the pace of technology whatever we look at now will be outdated. We need to update our security system which is already outdated.

Posted by Des07 > 2018-11-13 10:56 | Report Abuse

This is what I noticed... more constructive than those who said heard this and that without facts. I started tracking IDSS volume week ago. When the price surge, the IDSS volume is also high (especially before price surge and IDSS was then suspended). When the price drop, there is very small IDSS volume. Today when opened, the IDSS volume kicked in to short the price down, when it reached the bottom, the IDSS stopped and collection start. When the price hit above 0.70, the IDSS came back to halt the price from trending up. At the time of the writing the IDSS volume is 8915. check it out..