Posted by abcb > 2019-11-13 07:14 | Report Abuse

Toward PN17 soon

Posted by zerocool7199 > 2019-11-13 08:07 | Report Abuse

Today drop so they can enter cheap then tomoro good news kick in and limit up

Posted by Rowie > 2019-11-13 08:29 | Report Abuse

The wordings & English used in the bursa announcement is too good for the ordinary layman to understand. Don’t read the newspapers story but read the bursa announcement.
I read it many times to get the actual meaning.

In short the special auditor when he carried out the audit some months ago said presbhd is having some going concern issues due to cancellation of the Skin project & advancements of cash by a director .

The company’s auditors when carrying out the year end audit noted the issues & did extensive work, they mentioned the court case win & noted the management efforts. They said their view has not change even after the special audit & the company is a going concern & all is well.

So read it carefully

Posted by linheng > 2019-11-13 08:29 | Report Abuse

Uncertainty as a going concern. This is serious. Mati lah

Posted by Rowie > 2019-11-13 08:38 | Report Abuse

As at the end of the reporting period and as at the date these financial statements were
authorised for issue, the directors believe that there is no material uncertainty exists over
the ability of the Group and the Company to continue on a going concern basis.
Accordingly, the financial statements do not include any adjustments relating to the
recoverability and classification of recorded asset amounts or to the amounts and
classification of liabilities that may be necessary if the Group and the Company are unable
to continue as a going concern.
Our opinion is not modified in respect of this matter.

Posted by Rowie > 2019-11-13 08:39 | Report Abuse

Our opinion is not modified in respect of this matter.

This is what that matters

Posted by zerocool7199 > 2019-11-13 08:46 | Report Abuse

Rowie..suppose is a positive news if so...welldone and thanks

Posted by Rowie > 2019-11-13 08:49 | Report Abuse

Pls read the bursa announcement a few times

Posted by Rowie > 2019-11-13 08:50 | Report Abuse

There will be panic selling

Posted by zerocool7199 > 2019-11-13 08:52 | Report Abuse

Yes..that why i told this early just now...got bullet can in more

Posted by RoboTop > 2019-11-13 08:57 | Report Abuse

Presbhd share price is going to nose dive today......be careful....

Posted by apolloang > 2019-11-13 08:58 | Report Abuse

buat a/c palsu ar? bursa tak tahu?

Posted by RoboTop > 2019-11-13 09:00 | Report Abuse

Will be 3.5c down at opening.....and going to gk down further. They knew this is going to happen...thats why they did the pump and dump. Possibly going down below 40c today.

Posted by zerocool7199 > 2019-11-13 09:01 | Report Abuse

Sapu lo..wait what la...super cheap

Posted by RoboTop > 2019-11-13 09:24 | Report Abuse

Bloody hell...just a few days ago it was trading at 54.5c.

Posted by linheng > 2019-11-13 09:45 | Report Abuse

This issue was in the annual report. There was a note that 1 director lend the company some money for working capital. Why panic selling all of a sudden. There was also no suspension by Bursa pending annoucement

Posted by zerocool7199 > 2019-11-13 10:12 | Report Abuse

Yeah..nowdays ppl are funny indeed..

Posted by lee_m2020 > 2019-11-13 10:18 | Report Abuse

Hahahah.... just sell. Its selling season by institutions...

Posted by zerocool7199 > 2019-11-13 10:32 | Report Abuse

2nd half another throw round..better sell now!!

Posted by RoboTop > 2019-11-13 10:44 | Report Abuse

Sometimes they create bad news so that ppl throw and they can buy back at much lower prices. Thats their target.

Posted by CrisYap > 2019-11-13 10:45 | Report Abuse

Run for your life

Posted by zerocool7199 > 2019-11-13 10:58 | Report Abuse

Lol..or maybe abu hassan own want collect sone share back cheap cheap?

Posted by Rowie > 2019-11-13 11:07 | Report Abuse

No bad news was created by anybody

Its just that people cannot read & understand the bursa announcement especially the auditors statement that they have not given an adverse audit statement on the going concern issue ie they have agreed with the management's view.

Abu will wait for reinstatement of the SKIN project if it happens then sue the gomen for contract manipulation to get back what he lost. Its fair

Posted by Hawk Eye > 2019-11-13 11:08 | Report Abuse

ooo..its down...yesterday sell it at .42 la..as money life research suggest la..and save la..now again tying to buy la..

Posted by Rowie > 2019-11-13 11:11 | Report Abuse

If the company has a going concern issue, then PN17 is a certainty plus the share price will limit down.
This did not happen........WHY?????

Posted by jarodpretender > 2019-11-13 11:16 | Report Abuse

mr rowie..terima kasih kerana bagi saya relax sikit, bole tau kat mana nak baca link yang kat bursa tu.TQIA

Posted by Rowie > 2019-11-13 11:21 | Report Abuse

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=98699&name=EA_GA_ATTACHMENTS

Posted by newbe > 2019-11-13 11:28 | Report Abuse

those who dumped their shares on hand for what? kiasi and kiasu ?

Posted by newbe > 2019-11-13 11:30 | Report Abuse

ppl throw they also follow...kena conned by big shark already also sendiri not aware....

Posted by Rowie > 2019-11-13 11:36 | Report Abuse

https://www.theedgemarkets.com/article/prestariang-drops-62-auditor-highlights-material-uncertainty

Now this article is creating false news

Independent auditor says material uncertainty & going concern issues but the company auditor says otherwise
Bursa will take the view of the company’s auditor as the independent auditor view is old news.

Posted by newbe > 2019-11-13 11:46 | Report Abuse

those who sold at loss will cry later when price goes up

Posted by jarodpretender > 2019-11-13 11:46 | Report Abuse

thank you mr Rowie

Posted by RoboTop > 2019-11-13 11:47 | Report Abuse

Ppl will react foolishly based on news....irrespective whether old news or recent news. It will go back to normal ONLY when the dust has already settled.

Posted by Rowie > 2019-11-13 12:00 | Report Abuse

next 2 days will be crucial on what bursa's action will be
see whether people in bursa understands the announcements of the Company's Auditor

Posted by zerocool7199 > 2019-11-13 12:01 | Report Abuse

Cant they take any action for this kind irresponsible news??

Posted by lee_m2020 > 2019-11-13 12:10 | Report Abuse

----------------------------
The Group’s negative operating cashflow of RM72,253,000 is after taking into account the increase in SKIN’s trade receivable from GOM of RM175,460,000. Without SKIN’s increase in trade receivable, the Group’s operating cashflow would have been positive. In addition, the Group will be implementing strategic business initiatives to grow its revenue to address the going concern issues as mentioned in the Independent Auditors’ Report. The Group is ideally placed to play a critical role in bringing together technology and talent for the country’s manufacturing sector with the global shift towards Industry 4.0 and Malaysia’s version of Industry4WRD. The Group will be able to provide end-to-end solutions in terms of talent management encompassing talent acquisition, profiling, training and placement to complement our existing software and services business.


This announcement is dated 12 November 2019.

--------------------------------


Well, the PRICE SHOULD'NT dropped. Buy Call!!

Posted by lee_m2020 > 2019-11-13 12:11 | Report Abuse

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=98699&name=EA_GA_ATTACHMENTS

Posted by Rowie > 2019-11-13 12:13 | Report Abuse

If this was US Markets...........they will be sued, here Bolehland semua boleh

Posted by Rowie > 2019-11-13 12:14 | Report Abuse

Finally someone sees the announcement has very good news but i think only will react after a few days cos no one knows how bursa will react

Posted by lee_m2020 > 2019-11-13 12:16 | Report Abuse

Hahahaha....

Posted by lee_m2020 > 2019-11-13 12:17 | Report Abuse

Whoever buy at the bottom shall gain more than 10%

Posted by timeinvestor > 2019-11-13 13:04 | Report Abuse

what is next for prestariang?

Posted by Christiano88 > 2019-11-13 14:05 | Report Abuse

Just focus legal suit,other things is small issue

Posted by RoboTop > 2019-11-13 14:54 | Report Abuse

A monk asked a man: “Giving you a fishing rod and 500 pounds of fish, which one would you choose?”

The man answered: “500 pounds of fish."

Monk shook his head and smiled: "You are too superficial. There is no more fish once you finish eating. But, you can catch fish with the fishing rod and that can last forever.”

The man said: “You don’t understand. I can sell 500 pounds of fish for $2000. I will buy 10 fishing rods with $500. And then spend $500 hiring 10 people to help me fishing.
I will donate $500 to the temple and spend the remaining $500 to buy a mahjong set and table.
While playing mahjong with friends, I can supervise the workers, and then sell more fish in the market. You see, I can earn money, have entertainment and donate for charity at the same time.”

Monk: “Oh…. Where are you from?”

The man said: “Penang - Jho Low's hometown." ;))))

Posted by Bull13 > 2019-11-13 15:07 | Report Abuse

Cashflow tight. Cannot pay salaries.? Soon pn17.?

Posted by RoboTop > 2019-11-13 15:09 | Report Abuse

EPS = - 5.85
NTA = 22.5
Price should drop further.

Posted by lee_m2020 > 2019-11-13 15:23 | Report Abuse

are u sure boss? QR coming soon?

Posted by Holyman > 2019-11-13 15:48 | Report Abuse

yeah most all the staff doing Project Skin have been chopped!!!

Posted by timeinvestor > 2019-11-13 15:49 | Report Abuse

next LONBISC?

Posted by Bull13 > 2019-11-13 15:50 | Report Abuse

Will test all time low at 26s. Coming soon!