Posted by Mredar > 2020-05-15 21:51 | Report Abuse

Small ppl ma..... Up up presbhd..thats the durection should be hahaa

Posted by Mredar > 2020-05-15 21:53 | Report Abuse

Hope tmrow better day..hayaaas when to reach 0.35....

Posted by zerocool7199 > 2020-05-17 12:16 | Report Abuse

https://www.google.com/amp/s/www.nst.com.my/amp/business/2019/08/510249/national-security-skin-or-iis

Im read this article again and again..i cant think a single reason why the SKIN wont reinstated back..1)we are urgently need the new system as soon to prevent the security threat.2)goverment simply can earn back billion in this few year when SKIN implement so why wait another few year for develop new other system?3)prestariang willingly to nego the project amount.4)luck is come for presb as new goverment PN take over :) .5)will goverment just spend so much money and blindy make compensation with ntg in return?and they was wasting our timeline to have a better national security system?all the presb effort?
They are really too many hints for us now..still wait what??

Posted by Redplanet > 2020-05-17 13:41 | Report Abuse

6) no need open tender direct negotiate with government to get the project so that both oso can earn more masuk pocket

Posted by RoboTop > 2020-05-17 15:52 | Report Abuse

zerocool ; Thats what I and Mredar have been telling all along. Now is the time to accumulate the stock. I have been saying it all this while....it WILL break 50c before 1st July.

Posted by zerocool7199 > 2020-05-17 16:55 | Report Abuse

Robotop,it should be higher then 50c

Posted by RoboTop > 2020-05-17 17:31 | Report Abuse

zerocool ;
> RM2.00 ....If they get back SKIN
RM1.50 ...If they get RM730 mil
> 50c before 1st July

Posted by Ahmadahmad88 > 2020-05-17 18:16 | Report Abuse

umno punya syarikat?

Posted by RoboTop > 2020-05-17 18:30 | Report Abuse

The CEO Dr. Abu Hassan was forced to dispose all 24.3% of his shares in Dec 2018 at 25.0c due to margin call. He ceased to be the biggest shareholder then.
If we look at the 30 biggest shareholders as of March 2020....Dr. Abu Hassan is back as the largest shareholder through his 3 companies....
1. Ekohati S/B 20.73%
2. Anjakan Evolusi S/B 2.88%
3. Sigma Dedikasi S/B 0.68%
Now....why would the CEO want to buy back all the 24.3% shares relinquished earlier if there is nothing in the company? Why waste millions of ringgit again on the company? I'm sure something is brewing and he is confident of getting something back from the company. We can all guess what it is.
It is interesting also to note that 3 major GLCs also own a substantial amount of shares in PRESBHD....
1. KWAP 5.27%
2. PNB 4.07%
3. KWSP 2.20%
You can now make you own decision whether to purchase PRESBHD or not......but pls don't take too long because I can assure you that time is running out!

Posted by RoboTop > 2020-05-17 19:00 | Report Abuse

You will notice that volume is picking up everyday and if the volime goes into top 10.....that means we can't wait any longer but to buy the shares.

Posted by zerocool7199 > 2020-05-17 19:06 | Report Abuse

You are right..not much time left..the system canot hold anymore longer..already waste too much when PH in hands.is time to work back and implement it as soon

Posted by bb2ualways > 2020-05-17 21:52 | Report Abuse

Yeah let's celebrate rocket up soon. First step is made it to the top 20 volume

Posted by Redplanet > 2020-05-17 22:15 | Report Abuse

BDG must make a Big big big U turn

Posted by Mredar > 2020-05-18 09:05 | Report Abuse

Yes Robo salute to u for highlighting the facts and argument wise.. zerocool sure cool man...logikal is there.... Emm every things happrn there is reasons behind it... We need vision and superman eyes to see blow through.... Press on presbhd fighters

Posted by Mredar > 2020-05-18 09:09 | Report Abuse

Ahmad...bro...put political at side but political push factor influence must not be ruled out... Politics keyboard is dangermouse but the wind of political wavelength must be put into the parameter..2 different things ..... See omni direction not mono or even stereo approaches of mindset...hahaaa hepi trading guys

Posted by RoboTop > 2020-05-18 10:16 | Report Abuse

Anything below 30c is a good buy. Today will close above 30c.

Posted by zerocool7199 > 2020-05-18 14:12 | Report Abuse

Pn have 114seats of parlimen.. :)

Posted by Ahmadahmad88 > 2020-05-18 14:14 | Report Abuse

tengok dulu macam mana.

Posted by hahahablablabla > 2020-05-18 15:29 | Report Abuse

Muhyiddin, who had announced the termination to take effect on 19th January 2019, has directed the Home Ministry to discuss with Prestariang to determine the appropriate amount of compensation to be paid due to the project cancellation.

Posted by hahahablablabla > 2020-05-18 15:31 | Report Abuse

https://www.thestar.com.my/news/nation/2019/01/18/muhyiddin-immigration-dg-change-not-linked-to-skin-project-cancellation

Posted by RoboTop > 2020-05-18 17:28 | Report Abuse

Old news. If you have latest news....pls post here....if not just wait for latest news.

Posted by Ncm88 > 2020-05-18 19:09 | Report Abuse

where got close above 0.3... tokok..

Posted by RoboTop > 2020-05-18 20:56 | Report Abuse

Tomorrow opening gap-up 30.5c - 31.0c.
Will try to break its recent high of 33.0c.

Posted by zerocool7199 > 2020-05-19 10:52 | Report Abuse

Not to rush robotop..mostly after hari raya.still on collecting mode

Posted by Mredar > 2020-05-19 12:28 | Report Abuse

Raya mood

Posted by Mredar > 2020-05-19 12:28 | Report Abuse

Long weekend expected..stay cool guys

Posted by Mredar > 2020-05-19 12:29 | Report Abuse

Next monday close public hday... Tues back ibto action....

Posted by newbe > 2020-05-19 12:30 | Report Abuse

oo...la...la....

Posted by RoboTop > 2020-05-19 12:34 | Report Abuse

As I said yesterday....today will test its recent high of 33c. Most likely will break 33c this afternoon.
Good luck guys!

Posted by newbe > 2020-05-19 12:36 | Report Abuse

support you RoboTop

Posted by Mredar > 2020-05-19 13:19 | Report Abuse

Yesssss kissing 32¢

Posted by Mredar > 2020-05-19 13:20 | Report Abuse

Luv u pressbhd..come on press on rocketing

Posted by Mredar > 2020-05-19 13:21 | Report Abuse

Compete ARBB. Same in Technology

Posted by Mredar > 2020-05-19 13:22 | Report Abuse

ArBB touching 41¢ before retard back to .36.... Presbhd come on

Posted by RoboTop > 2020-05-19 13:54 | Report Abuse

20-DayMA & 30-DayMA have already crossed 50-DayMA ....indicating the share is going to go up further. Yesterday Doji already formed indicating a bullish sign that the stock is going to move up today and possibly test its recent high of 33c. Stochastics and RSI are well below the overbought level. So....technically....PRESBHD is very bullish at the moment.

Posted by Sinoboy > 2020-05-19 14:12 | Report Abuse

Still no news regarding compensation...

Posted by Mredar > 2020-05-19 14:59 | Report Abuse

Sinoboy 2 july . Good news

Posted by Mredar > 2020-05-19 15:00 | Report Abuse

By then pres hovering 45¢ alrady...

Posted by Mredar > 2020-05-19 15:00 | Report Abuse

Or even 60¢ hahaaa

Posted by Mredar > 2020-05-19 15:02 | Report Abuse

Overbought...means price looking up..... But marginal players may drag it down a bit support lvl ....

Posted by Sinoboy > 2020-05-19 15:54 | Report Abuse

Tks Mredar. Hope price up, project reinstated :)))

Posted by Mredar > 2020-05-19 17:00 | Report Abuse

Hahaaaaaa

Posted by profitgrow > 2020-05-20 19:52 | Report Abuse

this company actually do what business?

Posted by PanjiAlam55 > 2020-05-20 20:22 | Report Abuse

No new project, no announcement, no any issue dun know why this share stay stable. Price stable without low drop.. look weird

Posted by Mredar > 2020-05-21 08:30 | Report Abuse

Why weird?

Posted by Mredar > 2020-05-21 08:31 | Report Abuse

.Prestariang Seek a Contract Payment of RM732M for the Unilateral Termination of SKIN by Government of Malaysia
15 Apr 2019
Corporate Communications
Press Release
Kuala Lumpur, April 15, 2019 – Prestariang SKIN Sdn Bhd (PSKIN), a subsidiary of Prestariang Berhad today filed a legal claim totalling RM732 million against the Government of Malaysia (GOM) for the GOM’s unilateral termination of the Sistem Kawalan Imigresen Nasional or SKIN project by way of expropriation. This sum payable is calculated based on the contractual formula provided in the CA which had been agreed to by the GOM.

Parties had engaged in a few rounds of negotiations but were unable to reach an amicable settlement on the quantum. As a last resort, the Board of Prestariang is now fiducially obligated and compelled to litigate for its contractual payment.

PSKIN secured a 15-year concession on August 9, 2017 to design, deliver, continuously maintain and provide scheduled upgrades for a new and much improved immigration and border control system for Jabatan Imigresen Malaysia. This would replace the existing Malaysian Immigration System (MyIMMS) but with added functionalities.

Under the Concession Agreement (CA), PSKIN was to receive approximately RM3.5 billion over the 15-year concession period, subject to the entire capital expenditure being privately funded by PSKIN. Payment to PSKIN by the GOM would only commence after SKIN is completely operational.

PSKIN had undertaken extensive technical studies and works on the project since 2014 and substantial amount of expenses have been incurred. PSKIN had also entered into numerous third-party contracts for the purpose of executing the SKIN project.

In its legal claim, PSKIN highlights that the CA clearly spells out the GOM’s obligations in the event the project is unilaterally terminated by way of expropriation. Prestariang wish to reiterate PSKIN has never defaulted on the CA. Despite the agreement for a 15-year concession, the GOM unilaterally terminated the CA by way of expropriation, which took effect on January 22, 2019. PSKIN strongly believes that the CA was fair and reasonable.



Backgrounder

1. In August 2017, Prestariang SKIN Sdn Bhd (PSKIN) signed a 15-year concession agreement (CA) with the Government of Malaysia (GOM) to implement a RM3.5 billion Sistem Kawalan Imigresen Nasional (SKIN) or border protection project.

2. Prior to being awarded the contract, PSKIN had to undergo three years of comprehensive technical, commercial and legal evaluation by Ministry of Home Affairs and other relevant Government agencies including Jabatan Imigresen Malaysia (JIM), Malaysian Administrative Modernisation and Management Planning Unit (MAMPU), Unit Kerjasama Awam Swasta (UKAS), Economic Planning Unit (EPU), Ministry of Finance (MOF) and the Attorney General’s Chambers (AGC).

3. In December 2018, PSKIN received a letter from the Home Ministry confirming the Cabinet’s decision to terminate the SKIN project by way of expropriation. The termination took effect on January 22, 2019.

4. PSKIN is not in default of the CA and is entitled to payment based on the formula set out in the agreement.

5. PSKIN in a media statement dated January 22, 2019 clarified that the key payment terms of SKIN were not financially burdensome to the GOM. PSKIN was to finance, build and operate SKIN for 15 years before transferring it to the GOM.

6. The SKIN project is a self-funded project which could have generated new income and created savings for the GOM.

Posted by Mredar > 2020-05-21 08:35 | Report Abuse

Thats a huge lot of money panji alam

Posted by RoboTop > 2020-05-21 09:38 | Report Abuse

The time has come......

Posted by RoboTop > 2020-05-21 09:44 | Report Abuse

See whether can go top 20 vol today.....better still top 10

Posted by KIRASAF99 > 2020-05-21 09:45 | Report Abuse

awesome counter.. very strong.. thanks presbhd..