at 2sen, market cap =RM38mil... greatly undervalued.. NTA 12 sen... mainly liquid assets... directors satisfied with grabbed esos, planning for exit, arranging M&A to let go.. be patient :)
PASUKHAS GROUP BERHAD Registration No.: 200501009342 (686389-A) FOR THE FIRST (1ST) QUARTER ENDED 31ST MARCH 2022 UNAUDITED AS AT END OF AUDITED CURRENT QUARTER AS AT 31 March 2022 31 Dec 2021 RM'000 RM'000 ASSETS NON-CURRENT ASSETS Plant and equipment 22,920 24,998 Investment properties 5,524 5,559 Right-of-use assets 1,224 1,320 Deferred tax assets 1,655 1,655 Other investments 29,954 18,560 61,277 52,092 CURRENT ASSETS Inventories 30,411 30,318 Contract assets 33,247 21,835 Trade receivables 16,515 14,072 Other receivables, deposits and prepayments 29,343 32,382 Current tax assets 73 604 Fixed deposits with licensed banks 2,663 4,163 Money market instruments 35,663 60,063 Cash and bank balances 19,729 10,377 167,644 173,814 228,921 225,906
CONFECTIONERY tycoon Liew Fook Meng must have bittersweet feelings over the privatisation offer for Cocoaland Holdings Bhd, which he and his brothers founded about 40 years ago and which is worth nearly RM700 million today.
On June 3, Main Market-listed Fraser & Neave Holdings Bhd (F&N) — the second largest shareholder of Cocoaland, with a 27.66% stake — proposed to privatise the Rawang-based snack and candy maker at RM1.50 per share.
F&N, controlled by Singapore-listed Fraser & Neave Ltd, has proposed to acquire the remaining 72.34% stake in Cocoaland for RM488.15 million cash in a deal that values the candy maker at RM686.4 million.
Jika hongkong konglomerat ambil alih pasukhas lagi indah :)
The Securities Commission Malaysia and Securities and Futures Commission of Hong Kong jointly hosted the Asia Pacific Takeovers Regulators Conference 2022 on 20th and 21st June.
Held virtually for the first time, the conference brought together regulators from Australia, Bangladesh, Cambodia, Hong Kong, Laos, Malaysia, New Zealand, the Philippines, Singapore, South Africa, and Thailand to discuss recent developments & experience in regulating takeovers.
USA Wall Street's major indexes jumped over 2% on Tuesday as investors scooped up shares of megacap growth and energy companies after the stock market swooned last week on worries over a global economic downturn.
EUROPE European shares opened higher on Tuesday, recovering slightly from last week's 17-month lows as the selloff paused, but major central banks' rate hike plans and global recession risks kept investors cautious.
ASIA Shares in the Asia-Pacific region traded mixed on Wednesday, as Wall Street bounced back after a turbulent week.
MALAYSIA The domestic market largely ignored a global relief rally on Wednesday as stocks stayed flat amid profit-taking from recent gains.
GOLD Gold prices were hemmed into a range on Tuesday as rising U.S. Treasury yields and aggressive rate hike bets dimmed bullion’s appeal despite a pullback in the dollar.
OIL Oil prices edged up on Tuesday on high summer fuel demand while supplies remained tight because of sanctions on Russian oil after its invasion of Ukraine.
USA Wall Street's main indexes ended with slim losses on Wednesday after choppy trading as energy shares weighed and investors digested Federal Reserve Chair Jerome Powell's comments on the central bank's aim to bring down inflation.
EUROPE European stocks closed lower on Wednesday, reversing gains made in the previous sessions as global volatility continues.
ASIA Shares in the Asia-Pacific were mostly higher on Thursday as investors continued to monitor recession concerns.
MALAYSIA The domestic market rebounded on the heels of the previous day's sharp losses as investors calmed following the US Federal Reserve chairman's remarks, which reiterated the central bank's commitment to bringing down inflation.
GOLD Gold rose on Wednesday as renewed fears of a recession bolstered bullion’s allure as a safe haven and countered pressure from a firmer dollar, while investors awaited monetary policy cues from the Federal Reserve.
OIL Oil prices tumbled around 3% on Wednesday as investors worried that rate hikes by the Federal Reserve could push the U.S. economy into recession, dampening demand for fuel.
Ya, pengarah2 dijangka akan let go pasukhas kepada konglomerat asing ataupun domestik bila2 masa bagi mereka yang percaya. Kemenangan sudah terjamin :)
USA Wall Street's main indexes posted solid gains on Thursday, fueled by strong performance from defensive and tech shares that outweighed declines for economically sensitive groups as worries persisted about a potential recession.
EUROPE European stocks closed lower Thursday, as mounting fears of an impending recession weighed on investor sentiment.
ASIA Shares in the Asia-Pacific region were mixed on Friday as investors weigh recession fears.
MALAYSIA Bursa Malaysia opened higher on Friday, taking its cue from the Wall Street’s positive performance overnight, as well as those of its regional peers.
GOLD Gold gave up initial gains and edged lower on Thursday as the dollar regained momentum after U.S. Federal Reserve Chairman Jerome Powell doubled down on the central bank’s policy tightening aimed at taming inflation.
OIL Oil prices dropped by nearly $2 a barrel on Thursday after another round of remarks from Federal Reserve Chair Jerome Powell fanned worries U.S. interest rate hikes would slow economic growth.
setelah ditipu overseas dan MLAB, kini beralih kepada PASUKGB pula...Ditipu berkali hehehehehe...sungguh murah nilai @good123 semurah harga pasukgb :) :)
Pada 30 Mei 2022, Anak syarikat milik penuh Pasukhas Group Berhad, Pasukhas Sdn Bhd telah menerima surat anugerah daripada Exyte Malaysia Sdn Bhd (EMSB) untuk kerja-kerja pembinaan membabitkan gudang am di Kulim, Kedah bernilai RM31.16 juta.
Dalam makluman kepada Bursa Malaysia, syarikat itu berkata kerja itu melibatkan fasa pertama projek AT&S berkaitan dengan substruktur dan superstrukturnya dari peringkat pertama hingga peringkat ketiga.
AT&S yang beribu pejabat di Austria ialah peneraju pembuatan global bagi papan litar bercetak (PCB) dan substrat litar bersepadu (IC) mewah.
Lokasi baharunya di Kulim Hi-Tech Park, Kedah akan menghasilkan PCB dan substrat IC mewah yang melibatkan jumlah pelaburan yang dicadangkan sebanyak RM8.5 bilion dan ia akan mewujudkan 5,000 pekerjaan berteknologi dan berimpak tinggi.
Pemfailan berkata pembinaan akan dimulakan pada 6 Jun 2022 dan dijangka siap pada suku pertama 2023.
Pasukhas berkata anugerah itu selaras dengan pengembangan perniagaan syarikat.
Mos: Berada di bawah 0, pelabur besar belum membuat keuntungan.
SSI: Berlaku momentum pembelian, sentimental semasa ialah positif.
TRI: harga tutup hari sebelumnya berada di bawah garisan TRI Biru dan di atas garisan TRI Merah.
Kesan: Sentimen keseluruhan ialah negatif.
#30052022 #PASUKGB #0177 #FinworldSaham
Penafian: Semua maklumat adalah untuk tujuan maklumat sahaja dan tidak boleh menjejaskan sebarang keputusan untuk membeli atau menjual.
Ekonomi : Unit Pasukhas raih kontrak pembinaan RM31.16 juta di Kedah
KUALA LUMPUR, 30 Mei (Bernama) -- Anak syarikat milik penuh Pasukhas Group Bhd, Pasukhas Sdn Bhd menerima surat lantikan daripada Exyte Malaysia Sdn Bhd (EMSB) untuk kerja-kerja pembinaan gudang di Kulim, Kedah bernilai RM31.16 juta.
KUALA LUMPUR (June 25): Bursa Malaysia is expected to stage an “oversold bounce” next week after the steep correction seen for the past three months, moving in the 1,450-1,480 range, a dealer said.
Esos used by directors to gain control of the company cheaply. Upon exit or disposal to conglomerate, they make a killing for retirement. Their reputation has been damaged by cheating minority interests. They dont care, old already ,enough money for retirement,not doing biz anymore after disposal
Understanding the difference between price and value is an important part of investing. While you can get the stock price for listed companies on Bursa Malaysia, there is no quoted intrinsic value. In practice, you have to estimate the intrinsic value yourself. #iPropertyInsights
THE momentum to adopt environmental, social and governance (ESG) criteria and sustainability practices in the capital market has picked up significantly in the past few years. By the third quarter of 2021, assets in global sustainable funds hit a record high, according to investment research firm Morningstar.
At the same time, more than 70 countries — including the biggest polluters — have set a net-zero target and over 1,200 companies have put in place science-based targets to reach net-zero emissions, according to the United Nations.
In Malaysia, at least 44 out of the 54 Sustainable and Responsible Investment (SRI) funds approved by Securities Commission Malaysia were launched in the last two years. As at December 2021, 94% of the top 50 listed companies in Malaysia had ESG strategies and 68% had emissions reduction policies, according to PwC’s research
KUALA LUMPUR (June 27): Bursa Malaysia Bhd is leading the Task Force on Climate-related Financial Disclosures (TCFD), implementing four out of five activities in support of the diffusion of reporting practices in alignment with the recommendations of the TCFD.
According to a report launched recently by the United Nation Sustainable Stock Exchanges (UN SSE), 69 stock exchanges globally were taking actions in support of enhancing climate-related financial disclosures in their respective markets.
TCFD is advocating a series of activities to promote reporting practices aligned with its ESG and climate-change mandate.
The four activities Bursa Malaysia will be implementing include published guidance on ESG disclosures, publish stand alone guidance specifically for climate-related disclosures, hosting TCFD training and starting its own journey towards aligning with the task force's recommended disclosures.
According to the report, the most common activity among the 69 stock exchanges was to adhere to TCFD’s recommendations in their ESG reporting guidelines.
"While 40 stock exchanges are referencing the TCFD recommendations in their ESG reporting guidelines, three stock exchanges have further provided climate-specific disclosure guidelines.
"To enhance efforts aimed at supporting issuers aligning their reporting practices with the task force, stock exchanges are also increasingly providing training for their markets," it added.
At the time of the report's publication, 33 stock exchanges had arranged training on TCFD-recommended disclosures through a joint-initiative launched by the UN SSE, International Financial Corporation and CDP (previously Climate Disclosure Project) to provide CPD-certified training, it said.
The report said 36 stock exchanges are official TCFD supporters and 30 stock exchanges have aligned their own disclosure practices to the TCFD.
Shortcomings of the entrepreneur accelerator platform Still, the LEAP Market has drawn its fair share of criticism, including its lack of liquidity and vibrancy. This is because Bursa Malaysia’s third market is accessible only to sophisticated investors as prescribed under the Capital Markets and Services Act (CMSA) 2007.
In terms of market activity, only 10% of a LEAP-listed company is tradable. In other words, only a handful of investors can participate in the LEAP Market and these are mainly accredited investors.
Critics also point to the lack of a transfer listing framework to define a process of graduation from the LEAP Market to the ACE or Main Markets. Indeed, for that reason, several LEAP companies had decided to withdraw their listing status as they could no longer wait for the framework to be developed.
Bursa Securities recognises this. “While there may not be a transfer framework in place today, we are already working on developing the transfer framework,” says the stock exchange controller in an email response to The Edge.
Cosmos Technology International Bhd is clearly aware of the LEAP Market’s weaknesses. The integrated water technology solutions provider debuted on the market in March 2020, but took itself private in November 2021.
KUALA LUMPUR (June 27): The government has received notification from Adil Permata Sdn Bhd in regard to its “white knight” to take over the company and its RM3.7 billion Rapid Transit System Link (RTS Link) project connecting Bukit Chagar in Johor Bahru to Woodlands in Singapore, according to Transport Minister Datuk Seri Dr Wee Ka Siong.
Despite the changes in shareholdings in Adil Permata, Wee reiterated that the contract awarded to Adil Permata for the RTS Link project remains.
When asked if the businessman Tan Sri Lim Kang Hoo would take over the company and the project, Wee replied: “I do not know who is in the company (to take over Adil Permata). The most important thing is whichever company gets this project, if it is a public-listed company, it is their duty to announce.
“All these aspects (are) since it involves public-listed companies, the details [need] to be announced. It has to follow the procedures. The government will then issue them (the company) a letter stating that they can make an announcement as provided under SC’s regulation… And we are not delayed, once the letter is ready we will issue it,” Wee said at a press conference after delivering his keynote address at 13th International Harbour Masters’ Association Congress.
KUALA LUMPUR (June 28): CC International Bhd, a multidisciplinary professional business services provider, made a positive debut on the LEAP Market of Bursa Malaysia Securities Bhd today, opening at 27 sen per share -- a premium of one sen over its 26 sen reference price.
About 10,000 shares were traded at the opening bell.
The group’s listing was the 16th on Bursa Malaysia and the third on the LEAP Market for 2022.
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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....
Good123
26,657 posts
Posted by Good123 > 2022-06-21 16:21 | Report Abuse
at 2sen, market cap =RM38mil... greatly undervalued.. NTA 12 sen... mainly liquid assets... directors satisfied with grabbed esos, planning for exit, arranging M&A to let go.. be patient :)
PASUKHAS GROUP BERHAD Registration No.: 200501009342 (686389-A)
FOR THE FIRST (1ST) QUARTER ENDED 31ST MARCH 2022
UNAUDITED
AS AT END OF AUDITED
CURRENT QUARTER AS AT
31 March 2022 31 Dec 2021
RM'000 RM'000
ASSETS
NON-CURRENT ASSETS
Plant and equipment 22,920 24,998
Investment properties 5,524 5,559
Right-of-use assets 1,224 1,320
Deferred tax assets 1,655 1,655
Other investments 29,954 18,560
61,277 52,092
CURRENT ASSETS
Inventories 30,411 30,318
Contract assets 33,247 21,835
Trade receivables 16,515 14,072
Other receivables, deposits and prepayments 29,343 32,382
Current tax assets 73 604
Fixed deposits with licensed banks 2,663 4,163
Money market instruments 35,663 60,063
Cash and bank balances 19,729 10,377
167,644 173,814
228,921 225,906