gotta respect the management confidence level tho.... despite drop 74% cambodia revenue which they claim to be one of the potential cake.. they still say we are doing gooood... hahaha
Hello Kenanga. You all simply making BUY call early this year. You all never do any due diligence of the company one meh? Like that, how to trust you all next time? Last time, I kena with Sapura after your BUY call back in 2017. Now I kena with Pestech.
Trade Receivable < Trade Payable = slow receive cant cover payables Cash + pledge to financial institutional(non liquid) left less than 4mils Company surviving with retained earning with just 4xxmils want to service 1.3billions debts and construct 2.1billions of contract assets(exclude exisiting ones) so...... previous PP 0.55 now drop 0.3x now is not a right timing to PP due to low price so less fund will be raise cant loan from financial institutional anymore... boooom... goneeeee.... 10 cents....
From RM1.39 to RM0.35 Target Price in less than a year. I wonder how many of you have been conned into buying this counter by Ken*nga? Agree with Trading2019, they should have done their due diligence before recommending.
This company cant survive in near term de. 20cents still too expensive for a company that facing cash problem. Gonna drag few years with cash issue then close shop. Change name.
Everyone in the industry knows that pestech is a crappy company . The only reason why people believes that they are doing well is because pestech is creating fake accounts and spreading fake news
I just saw post in FB about Pestech -83%. I came to check the price. Really dropped so much. Once a time, I thought this is a good future prospect as having contract building charging station across Malaysia. Long time not follow up. Wonder why suddenly drop like ........ this? Scary!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
cypark being high debts and EPCC business also hit with high cost and stuff.. yet still manage to remain profitable business...so obvious its on management incompetency.
US inflation rate has reached it peaks in Jun 2022 and starts decreasing until now. Fed may relax it int rate hikes soon. Recessions will not be materialised.. Starts collecting
previously said bright future because of building charging stations. Wonder why suddenly drop so ugly? And QR so bad. Anyone knows why QR so bad while previously said so bright future? No more getting charging stations?
dead fish... Knowing the management is steady by share price is getting sheety. Is not convincing at all. Even EV and Solar theme is no longer attractive but the share price is dropped more than half.
get charging station contract, do charging station .... end up GM discharged share and now GM being charged. All in all, not station to be charged but GM. Joke
The loss before and after tax in current quarter were mainly due to one-off fair value adjustment on Assets Held for Sale (as stated in Note A21) amounting to RM109.5 million, as a result of writing down the carrying amount to their fair value less costs to sell, pursuant to MFRS 5. Excluding the one-off fair value adjustment above, the Group recorded PBT and PAT for the quarter at RM10.8 million and RM8.0 million respectively. The PAT margin for the quarter under review was 6%, this represents a significant improvement compared to LAT margin of 8% of immediate preceding quarter.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: O&G healthcare service provider, Metro Healthcare Berhad aims to list on the Ace Market!
MQ Trader 602 views | 4 d ago
0:17
New IPO: Life Water Berhad, a manufacturer of drinking water and carbonated beverages, aims to list on the Main Market!
MQ Trader 1354 views | 5 d ago
0:17
New IPO: Mega Fortris Berhad, a manufacturer of security seals, aims to list on the Main Market!
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....
daneilchoong
141 posts
Posted by daneilchoong > 2022-07-27 15:23 | Report Abuse
pestech target price 49sen