SINGAPORE: Singapore reported 3,474 new COVID-19 cases as of noon on Wednesday (Nov 17), as seven more people died from complications due to the coronavirus.
The fatalities were aged between 47 and 83. All of them had various underlying medical conditions. The Ministry of Health (MOH) did not specify what these medical conditions were.
Strange isn't it? Good performance in the newly listed subsidiary in Cambodia and so far no bad news on the stock but prices had been plunging for a no of days already.
Yesterday was strange. a 13% drop with no negative news. Results from Cambodia was decent. Perhaps a large shareholder (fund) was mandated to get out regardless of price
Pestech (Cambodia) PLC 1Q2022 Quaterly Report Message From CEO:
Operationally, we were at the final execution stage of the 20MW large scale photovoltaic solar farm located in Bavet Province, with the photovoltaic panels fully erected, and the equipment and components getting final touches during the quarter. Pending eventual delivery of transformers and switchgears, we were committed towards commissioning of the plant within the soonest timeframe possible.
But, do we have any idea, the rates pestech attain from Cambodia Electric department for each MW. so we can translate roughly increase of earning per QR
we are ikan bilis, most of the time price movement nothing to do with the FA u know what i mean. It's good to find out the reason behind but if it really can't, just move on.
Due to the locked down of factories during the covid 19 pandemic , and the increased in the price of raw material like copper , aluminium etc , 1st quarter result for PESTECH is going to looks very bad .
the way certain individual dumped the share really worry me. there r many preset cut loss Q. that individual just bypass all Q by dumping very large block in 1x. not giving chance to others to sell. this type of stock better b cautious no matter how good the story is. all these happened after the boss put pestech in public limelight. coincidence?
The days leading to the spectacular drop saw an equally spectacular rise of its stock price. I remember thinking it was madness. Then before we realised it, it went kaboom. It's unnatural. All the tell-tale sign of a syndicated effort to ruin its reputation before the big day. I'm still trying to make sense of it all. Pestech's know-how is somewhat niche. They don't have a comparable competitor in this country. So this can't really be the reason it's targeted or maybe it's a case of too much publicity?
Don't be so naive , ( lutuseater ) , if anybody can make money by watching the webinar by so called " expert " , we are all millionaire by now . Just wait and see , the truth always hurt, god bless.
If you base on fundamentals of the company with its 2-3 years income visibility, good management and steady income stream for the next 20 years, and most importantly able to hold for a while, then yes. if that day, the Price plunged and the volume was huge, obviously someone must be mopping up.
NOTICE OF AWARD FOR THE CONTRACT ON SOUTH LUZON SUBSTATIONS UPGRADING PROJECT 2 FROM NATIONAL GRID CORPORATION OF THE PHILIPPINES (NGCP)
The Board of Directors of PESTECH (“Board”) wishes to announce that its wholly-owned subsidiary company, PESTECH Sdn Bhd (“PSB”) had on 19 November 2021, received a Notice of Award from NGCP for the contract in relation to South Luzon Substations Upgrading Project 2 at a total contract value as below:-
Offshore portion: United States Dollars Twenty Three Million Four Hundred Sixty Thousand only (USD23,460,000.00)
Onshore portion: Philippine Pesos Seven Hundred Ten Million Seven Hundred Fifty Six Thousand Seven Hundred Sixty only (PHP710,756,760.00) (VAT inclusive)
There you go guys and gals and the detractors. This Philippines project award allayed much of our worry. Expect borrowing to be high. If it's too eye-watering for you, then perhaps now is the time to rethink your position in this stock.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Stockhunter88
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Posted by Stockhunter88 > 2021-11-17 17:30 | Report Abuse
Today drop till mum cannot recognise