From a ROE perspective, this has been trending up since 2020, but so has the market price. It is now trading at more than 3 times its book value. I would consider this high for a brick-and-mortar company.
Short term target RM 1.17 reached. Now let's see if it can reach the long term target of RM 1.42-1.45........High chances price will dip in coming days (profit taking from speculators) before rebound. Long term investors can sit back & relax.
Was wondering why the daily volume has swelled for the past 1 week with average buy rate in the 80% range but yet price remained tight. Now we know why the huge collection has been going on..
10% share buyback? I think they might be onto something that could see Pecca surge in the future.........perhaps an Aviation deal finally happening sooner rather than later....
Long term investors can look forward to a rosy future. Aviation arm is about to take off! Even one decent contract can Pecca double their profits in the high margin sector.
That's the nice thing about how predictable Pecca is. Rock solid & easy to read when certain players manipulate the push down in price.... another easy few days of cash.
Yup, good times are slowly rolling in. Fair value now up to RM2.44 from RM2.22. Just waiting for IB's to bring price down some more, then gonna buy a bit more
Name Last High Low Chg. Chg. % Time US 30 40,888.0 40,941.1 40,768.5 -48.9 -0.12% 03:50:06 US 500 5,512.7 5,527.1 5,494.3 -16.2 -0.29% 03:50:10 US Tech 100 18,861.4 18,956.6 18,780.9 -99.1 -0.52% 03:49:08
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flyguye
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Posted by flyguye > 2023-09-08 11:30 | Report Abuse
An upward trajectory could very well be happening soon......