Posted by edward96 > 2020-08-10 11:47 | Report Abuse

"has decided to purchase additional face mask machinery to expand its production capacity." Read properly for those who dont know

Posted by edward96 > 2020-08-10 12:31 | Report Abuse

Pecca to limit up after break. Stay tuned. *someone who bought notion, pohkong, tomei early and sold at peak told me*

What do you guys think? I tried studying a little, and found that Pecca should have a good report soon because of Perodua breaking their sales record and with this further expansion of their mass production by buying more machines.

Posted by howgan > 2020-08-10 13:26 | Report Abuse

Pecca is netcash company with strong financial background and diversity their business in other area.
In view of short term , share price still have room to increase. In view long terms, during MCO, result maybe a bit disappointed. But in long terms,it should able back to their 2016 price.

Posted by edward96 > 2020-08-10 13:30 | Report Abuse

At least they are not making loss like many company with share price on the rise. Q2 Q3 should be darn well with Auto sales breaking all time high, especially their largest customer, Perodua.

Posted by edward96 > 2020-08-10 16:12 | Report Abuse

Stay strong my fella pecca holders. If you see, most stocks are currently slowed down due to KLCI index. This stock wont disappoint you, you can read their financial reports and such. Once FDA US approve of their mask, it will easily be notion v2.

Posted by Fattymin > 2020-08-10 16:30 | Report Abuse

i stil in president suite...1.41

Posted by iCE COOL > 2020-08-10 18:54 | Report Abuse

Hope tomoro the rocket will break ur President suite

Posted by edward96 > 2020-08-10 21:30 | Report Abuse

Relax, Pecca is fundamentally a good company even for long terms with auto sales on the rise. Lets be patient and wait for FDA US license. Early birds will get the worms.

Posted by SONNY > 2020-08-11 12:35 | Report Abuse

Either it is going to drop down or shoot up like rocket...

Posted by howgan > 2020-08-11 13:01 | Report Abuse

Technical view if low volume price drop take a rest before moving forward.

Posted by edward96 > 2020-08-11 14:34 | Report Abuse

I just read back the news from before August (29 July) , by that time they are already awaiting approval from FDA US. So if people were right about it taking 2 weeks time, It should be coming in 2 days

Posted by Agnes Lee > 2020-08-11 15:15 | Report Abuse

what happened

Posted by edward96 > 2020-08-11 15:38 | Report Abuse

It almost limit up after the news was released, then on the same day KLCI index drop alot, sentiment selling. After which people forgotten about this. Just wait FDA US license approval

Posted by edward96 > 2020-08-11 15:52 | Report Abuse

According to Edgemarket, Pecca looks to export their mask products after getting FDA approval. Probably in talk with the gov already with their company being this big

Posted by edward96 > 2020-08-11 16:10 | Report Abuse

Oh, I expect there are some confusion with the previous article before the mass production one. The Q1 of FY 2021 means July - September this year (2020). They are already selling, incase anyone doesn't understand the term.

Posted by edward96 > 2020-08-11 16:10 | Report Abuse

Well its self explanatory as the article already said they had good sales of mask and wish to produce more

Posted by huawei330t > 2020-08-11 16:49 | Report Abuse

@edward96, agreed fully with your views that today's movement is just a minor correction and some panic selling due to the reduction in face mask ceiling price to RM1 that was just announced. The demand for face mask will continue to grow and may become permanent as more people around the world grow conscious of its hygiene benefits and accept mask wearing as a new societal norm. Countries would also need to rebuild and replenish their stockpiles even after Covid-19 is completely eradicated that may still be a long way ahead.

In any event, Pecca's core business of manufacturing, distributing and installing car leather upholstery is still rock solid and is bound to do exceptionally well during the entire SST exemption period for motor vehicle sales. Will continue to buy on price dip while monitoring the ongoing development.

Posted by edward96 > 2020-08-11 17:02 | Report Abuse

"Expanding its horizons to the export market, Pecca said it is applying for certification from the US Food and Drug Administration (FDA) and the CE marking from European Union for its PPE offerings."

Damn.... totally did not realize they were also applying CE from EU marking besides FDA US.... This one is going to be big along with it's sales for leather seats for perodua. Which breaks sales record already

https://www.theedgemarkets.com/article/pecca-says-mass-production-n95-face-masks-start-month

Posted by Valgrovest > 2020-08-11 19:51 | Report Abuse

Company also going share buy back today, meaning they are of the view that their share price is undervalue. Tomorrow should shoot up !

Posted by edward96 > 2020-08-11 22:41 | Report Abuse

@Valgrovest, very good news indeed. I also topped up some

Posted by edward96 > 2020-08-12 00:59 | Report Abuse

"PLSB is in the midst of obtaining CE and FDA endorsement respectively to penetrate
the export markets "

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=104565&name=EA_GA_ATTACHMENTS

Posted by edward96 > 2020-08-12 09:48 | Report Abuse

People are panic selling. hold tight my fellow pecca friends

Posted by EatCoconutCanWin > 2020-08-12 14:25 | Report Abuse

bad news.. government slash face mask price from RM1.50 to RM1.00

Posted by edward96 > 2020-08-12 15:10 | Report Abuse

If you have been to the street market or small neighbourhood market, u will see masks being sold at RM 20-30 a box, 50 pcs. Initially i was skeptical on whether it's real 3 ply mask with filter layer. Bought two, 1 at rm 20, 1 at rm 25. Did some testing based on internet sources which include testing its waterprove-ness (from the inner side), burning the middle layer to see if its the correct material (based on smell and whether it melts or catch fire, which it should melt btw), and tearing it with hand, to feel its texture (it should feel like fabric, instead of paperish).

Thus , the ceiling price will not affect local business anyway, and lets not forget, Pecca's plan to apply for FDA US and CE from EU is to EXPORT the PPE. Yes, PPE because they also produce face shield and garment, in addition to N95 and surgical masks.

In case you never read, their main business is also at peak because of AUTO sales breaking records on June and July.

Posted by edward96 > 2020-08-13 00:33 | Report Abuse

Pecca bought back their own share again. They are pretty confident with their own

Posted by Happyshares80 > 2020-08-13 16:34 | Report Abuse

PECCA WILL HAVE GOOD NEWS AGAIN SOON

Posted by edward96 > 2020-08-13 16:59 | Report Abuse

We are all waiting for FDA and CE news, then it will be notion 2.0 , well maybe better because Notion does not have CE

Posted by edward96 > 2020-08-13 17:00 | Report Abuse

and notion only do mask, while pecca do face shield, garment, and masks

Posted by edward96 > 2020-08-13 17:00 | Report Abuse

Also, do be patient for their Q2 report, it will be good because of the AUTO breaking sales on June.

Posted by EatCoconutCanWin > 2020-08-15 15:27 | Report Abuse

pecca donate hand sanitizer to front liner

Posted by anthonytkh > 2020-08-21 08:07 | Report Abuse

Solid company. One of world's top company for car leather seat manufacturing

Posted by lokim > 2020-08-24 20:07 | Report Abuse

Worry about its QR...

Posted by Valgrovest > 2020-08-25 08:54 | Report Abuse

Rubber gloves and PPE counters on correction mode. So is Pecca as it is into PPE too. Focus on vaccine counters at the moment.

Posted by whycanot > 2020-08-25 09:28 | Report Abuse

Pecca group buyback share 7% since mco.

Posted by EatCoconutCanWin > 2020-08-26 12:14 | Report Abuse

Pecca CEO please follow chinhin boss. Don't kiam siap... Try disposal some asset and goreng up to rm2-3.

Posted by Valgrovest > 2020-08-26 15:19 | Report Abuse

Pecca CEO very conservative one. Thats why share price so steady and kept doing share buy back.

Posted by EatCoconutCanWin > 2020-08-28 17:36 | Report Abuse

die..gg

Posted by iCE COOL > 2020-08-28 19:39 | Report Abuse

Lost making Q but still declare dividend, deep pocket company

Posted by whycanot > 2020-08-29 23:17 | Report Abuse

poor QR, but boss buy so much shares at 1.10, siao liao

Posted by edward96 > 2020-09-01 10:36 | Report Abuse

poor QR coz money invested in PPE machines

Posted by edward96 > 2020-09-01 10:37 | Report Abuse

Got good news coming tonight btw. Not spoiling anyone, if you know then you know.

Posted by Kang Yao > 2020-09-01 10:43 | Report Abuse

they just got registered on FDA, waiting for reg number issuance. https://www.accessdata.fda.gov/scripts/cdrh/cfdocs/cfRL/rl.cfm

They already have distribution channels for US/EU/JP market, hopefully they can get orders for the PPE fast via these channels

Posted by iCE COOL > 2020-09-01 11:32 | Report Abuse

how to check if Pecca had registerd and approved by FDA frm the above link?

Posted by cutie > 2020-09-01 13:49 | Report Abuse

When the news come out in the papers, Pecca is going to up greatly.

Posted by whycanot > 2020-09-01 14:45 | Report Abuse

but FDA except N95, N95 should be FDA only got power

Posted by Kang Yao > 2020-09-01 16:55 | Report Abuse

type their name into the owner

Posted by Kang Yao > 2020-09-01 17:07 | Report Abuse

N95 mask is a separate category and might requires longer approval, approved vendor are listed under CDC. so have to wait.

Anyone written to pecca management for further clarification?

Posted by cutie > 2020-09-02 18:16 | Report Abuse

Today closing seems like they already got all the approvals

Posted by Kang Yao > 2020-09-02 20:38 | Report Abuse

assumed they really got all the approvals, what is the TP?

Posted by Hustle > 2020-09-02 20:40 | Report Abuse

20