Posted by SuperPanda > 2020-07-27 12:04 | Report Abuse

pestech also involve in power contractor for electric rail and in future electric car charging, this biz would not going down but moving up along with tech and infra

Posted by pharker > 2020-07-27 12:10 | Report Abuse

Just wondering if theafer the Cambodia IPO, how much is the valuation of Pestech ?

Posted by Speakthetruth > 2020-07-27 12:12 | Report Abuse

If Cambodia ipo doesn't run smooth it might drop drastically

Posted by Speakthetruth > 2020-07-27 12:23 | Report Abuse

Just advising 85c is still too high. U need to wait for it to drop til 50c to earn some kopi money

Posted by ryan_och > 2020-07-27 15:47 | Report Abuse

Pestech cambodia KHR3,120 = MYR3.28 per share? What if over-subscription? 有看头

Posted by SuperPanda > 2020-07-27 20:26 | Report Abuse

listing is just another milestone to generate capital, subscription starts till 4th Aug, most important its cambodia unit will generate recurring income for the next 25 years

buy this stock for the future not for short term gain, one of safe haven portfolio

Posted by Dynamics > 2020-07-28 11:40 | Report Abuse

Pestech has too many competitors. If they can't produce quality works they will be gone in this industry soon.

Posted by pharker > 2020-07-28 16:02 | Report Abuse

rail electrification works and power plant construction also got many players? I tot few only

Posted by SuperPanda > 2020-07-29 09:38 | Report Abuse

when you have concession for 25 yrs, its a free flow guarantee income.. thats the reason of KYY buying and promote Jaks till 1.80, but the timing was too early

Jaks power plant yet to generate income but pestech has did, wise trader whom want a power plant portfolio should buy pestech instead of Jaks

Posted by eddie4273 > 2020-07-29 09:55 | Report Abuse

What I can see the business diversify of the company sounds working with a lot of scarification been done internally and externally such as pay cut of employee, mass leaving of old staff due to not related to the new business, share price drop like nobody business, stop dividend to shareholders. Most of the capital has been allocated to the development of new projects and now they could start the harvesting the fruit with many concession projects. The most important business is that they managed to diversify from original core business tech and infra to utilities and casino which would guarantee instant cash to the company.
Utilities business is a business with high restriction to economic downturn but with long period of ROI only. Share price will move slowly to high but we don't know how high it will go and when. Hopefully they will start giving back good dividend to the shareholders once the business on track again.

Posted by BigPro > 2020-08-04 15:54 | Report Abuse

Buy back also mean support - PESTECH INTERNATIONAL BHD buyback 437,500 shares from 0.775 to 0.800 on 17-Jul-2020 - 21-Jul-2020.

Posted by Ritalam > 2020-08-05 10:42 | Report Abuse

This share not laku one..

Posted by SuperPanda > 2020-08-05 20:41 | Report Abuse

when not laku we buy, once laku we sell...btw this is defensive stock, you need one in your portfolio

Posted by SuperPanda > 2020-08-05 20:42 | Report Abuse

when most stock report loss coming qtr, pestech will continue profitable, means you will not losing money

Posted by eddie4273 > 2020-08-07 10:16 | Report Abuse

I think better sell. holding it is just wasting time... bye.

Posted by ryan_och > 2020-08-07 11:31 | Report Abuse

cutting jade grass, lol

Posted by ryan_och > 2020-08-07 12:12 | Report Abuse

when would pestech cambodia officially lauch? i couldn't find the info in google

Posted by ryan_och > 2020-08-07 12:15 | Report Abuse

found it, Aug12
https://www.khmertimeskh.com/50749136/pestech-cambodia-starts-ipo-roadshow/

Posted by Ritalam > 2020-08-07 12:41 | Report Abuse

Cambodia also no prospect

Posted by furionstormrage > 2020-08-07 13:00 | Report Abuse

Good rating for Pestech. 1st tranche of Sukuk funds coming. Pestech Cambodia will enjoy lower tax rate after listing because tax rate is lower for listed entity in CSX.

https://www.ram.com.my/pressrelease/?prviewid=5388#:~:text=Published%20on%2027%20Jul%202020,Programme%20(the%20Perpetual%20Sukuk).

Posted by ryan_och > 2020-08-07 13:14 | Report Abuse

people will only say good when share price up

Posted by furionstormrage > 2020-08-07 13:42 | Report Abuse

All I can say is if they expect to earn 30% in days. They should stop looking at this counter. Just go buy gloves or gold.

Posted by zoro_roronoa > 2020-08-07 17:39 | Report Abuse

The bookbuiling has been completed. The shares is oversubscribed by 1.8x times. Not overly exciting.

Posted by Ritalam > 2020-08-07 23:30 | Report Abuse

All I can say is people here is exaggerating the potential of this counter

Posted by zoro_roronoa > 2020-08-08 07:57 | Report Abuse

It is never exciting when the business model changed from lumpy project to long term recurring revenue...

Posted by Ritalam > 2020-08-08 11:33 | Report Abuse

This is a steady stagnant share even for long term the counter will not have a noticeable profit

Posted by zoro_roronoa > 2020-08-08 16:46 | Report Abuse

Any delays in the construction progress will erode the project margin as the Group is funding its projects via debts. Profit margin has been on downward trend compared to last year.

The Group will be luckly if it can register a profit in its last quarter ended 30 June. Let's wait and see what happend in last Q.

Well, changing business model is never cheap.

Posted by SuperPanda > 2020-08-10 11:18 | Report Abuse

lets see coming quarter where covid19 at peak at april, most counter will be loss making, if this counter make
profit but dont go up, then can review position

as for now below .83 is cheap

Posted by Ritalam > 2020-08-10 11:49 | Report Abuse

Tbh how do u justified 0.83 is cheap?

Posted by ryan_och > 2020-08-11 09:25 | Report Abuse

https://pestech-international.com/company-news/ipo-of-pestechs-subsidiary-in-cambodia-oversubscribed-by-18-times

Posted by ryan_och > 2020-08-11 09:34 | Report Abuse

tomorrow listed

Posted by ryan_och > 2020-08-11 12:26 | Report Abuse

retailer no aim this stock

Posted by Ritalam > 2020-08-11 17:48 | Report Abuse

I ran into 50 counters, all telling me they are super cheap.

Posted by Ritalam > 2020-08-11 17:59 | Report Abuse

50 counters telling me that they are under value gems. How?

Posted by linheng > 2020-08-12 06:18 | Report Abuse

Had being going downtrend in spite of so many positive review from research hous and the cambodian IPO. Only 6 stocks on Cambodia Xchange. No liquidity. Valuation put up by Pestech is suspect looking at movement of share price. Might as well wait for trend reversal before considering buying this stock. Something is just not right.

Posted by Paulatektek > 2020-08-12 10:54 | Report Abuse

Downwards trend... Might continue to drop u till year end

Posted by Paulatektek > 2020-08-14 17:22 | Report Abuse

Can anyone advise what's the rock bottom value of this counter? 0.6? 0.5?

Posted by Irwanl774 > 2020-08-15 12:18 | Report Abuse

Locally pestech could not compete with its competitors. Investor is slowly losing confidence. 2 months ago 90c was cheap, now 79c is cheap by end of the year 60c is cheap.

Posted by Irwanl774 > 2020-08-15 12:18 | Report Abuse

This counter might be a sinking ship

Posted by HAFIS96 > 2020-08-21 17:06 | Report Abuse

good opportunity to buy from below.. target price at 0.85

Posted by HAFIS96 > 2020-08-21 17:09 | Report Abuse

this counter got investors from mutual fund, epf n pension fund.. so yeahh, i can say that this counter is one of their favourite counter

Posted by DreamKaiser > 2020-08-22 02:25 | Report Abuse

lagi tidor juga kah

Posted by DreamKaiser > 2020-08-22 02:26 | Report Abuse

still hibernating juga kah

Posted by DreamKaiser > 2020-08-22 02:26 | Report Abuse

when going to wake up

Posted by zoro_roronoa > 2020-08-22 14:46 | Report Abuse

No liquidity how to move??? Taugeh besar hold more than 50% . Mutual funds also hold zzzzzz

Posted by JayC88 > 2020-08-27 13:04 | Report Abuse

good qr, time to collect

Posted by AHFAN84 > 2020-08-27 16:55 | Report Abuse

GOOD RESULT BUT NOBODY WANT TO BUY...

Posted by Irwanl774 > 2020-08-27 17:07 | Report Abuse

Because not reliable

Posted by zoro_roronoa > 2020-08-27 21:52 | Report Abuse

Profit decreased and no dividend. Pestech Cambodia share price not doing well somemore.

The debts are high and collection is slow. Finance cost is eating into the margin ... Blah blah blah

Posted by zoro_roronoa > 2020-08-27 22:02 | Report Abuse

But im not surprised... The company is still profitable during mco. There are huge order book to sustain the current revenue for atvleast another 1 and half year.

The group managed to secure new borrowing facilities during low interest rate environment.

Trade debtors are mainly current.

What is lacking now is news flow on project wins
Be it from Malaysia, Cambodia or other new territories, it will further strength the group prospect. Listing in Cambodia will open more door in the Indochina.

The PE is only 10 and there recurring revenue to cushion any disruption to the construction/project related revenue.

In short, announce project wins la or new strategic investor in your cambodia company and
Price will rocket to the moon.

P/s do it next week ya, waiting for my salary to collect more first.