PECCA GROUP BERHAD

KLSE (MYR): PECCA (5271)

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Last Price

1.36

Today's Change

+0.02 (1.49%)

Day's Change

1.34 - 1.38

Trading Volume

3,148,400


5 people like this.

1,791 comment(s). Last comment by flyguye 4 days ago

Posted by Australianpharmacist > 2020-11-06 09:40 | Report Abuse

Earn, of course Im glad, I exited at 1.570, then entered OCK and sitting on almost 10% gain now... more to go for OCK I hope, with the budget supporting 5G
PECCA was fun and all, but I think its value is kinda fair now, sure it might go up a bit more, but I rather move to undervalued stocks

Posted by Australianpharmacist > 2020-11-06 09:55 | Report Abuse

Oh, I'm investing with limited resources, just a young kid haha, so I have to move my money to the best opportunities, otherwise of course go ahead and hold PECCA until RM1.7 or RM2, this honest hardworking management will take you places :)

Kang Yao

577 posts

Posted by Kang Yao > 2020-11-09 15:18 | Report Abuse

waiting for Biden to announce mandatory face mask usage.

flyguye

235 posts

Posted by flyguye > 2020-11-10 09:22 | Report Abuse

looking at the people celebrating on the streets after his win, it looks like more & more people will trend with mask mask over there. And if Biden makes it's mandatory, great news!

flyguye

235 posts

Posted by flyguye > 2020-11-13 10:20 | Report Abuse

TP 1.65 in sight, let's see TP 1.70 :)

Kang Yao

577 posts

Posted by Kang Yao > 2020-11-13 10:33 | Report Abuse

congrats to those who hold on. anyone attending their upcoming agm?

Posted by stocksrocket > 2020-11-13 10:40 | Report Abuse

Good seeds of stock to sow. Time will rewards greater harvest.

flyguye

235 posts

Posted by flyguye > 2020-11-13 10:44 | Report Abuse

it has been a steady climb albeit a long one, but i'm glad i held on. TP 1.65 achieved! Next! LoL...

flyguye

235 posts

Posted by flyguye > 2020-11-13 10:48 | Report Abuse

@Kang Yao, any anything info on whether attending the AGM would give us an insight as opposed to what will be published after?

Kang Yao

577 posts

Posted by Kang Yao > 2020-11-13 12:06 | Report Abuse

of course, in agm you can ask director lots of stuff that wont get publish if analyst dont cover it.

flyguye

235 posts

Posted by flyguye > 2020-11-13 16:31 | Report Abuse

@Kang Yao, thanks for that bit of info. don't think i will go though due to current situation

Kang Yao

577 posts

Posted by Kang Yao > 2020-11-17 10:04 | Report Abuse

why? i bet door gift will be face mask and PPE set. lol

flyguye

235 posts

Posted by flyguye > 2020-11-17 15:18 | Report Abuse

Lol, that would be nice :). i'm keeping away from crowds for the time being just to be safe. But if you do go, please keep it us posted, we'd be most grateful.

flyguye

235 posts

Posted by flyguye > 2020-11-18 11:35 | Report Abuse

even better news for masks, https://www.nytimes.com/interactive/2020/us/states-reopen-map-coronavirus.html
more states mandating mandatory masks. feeling more optimistic!!

Posted by Joseph2020 > 2020-11-18 18:00 | Report Abuse

價格是否因市場氣氛而下跌約10仙?

flyguye

235 posts

Posted by flyguye > 2020-11-19 09:33 | Report Abuse

good price to pick up some more :)

Posted by Joseph2020 > 2020-11-19 14:42 | Report Abuse

好的。

flyguye

235 posts

Posted by flyguye > 2020-11-19 15:45 | Report Abuse

anyone experiencing PECCA trade glitch at the moment?

Posted by Joseph2020 > 2020-11-19 15:48 | Report Abuse

現在公司要求停止交易。

flyguye

235 posts

Posted by flyguye > 2020-11-19 15:54 | Report Abuse

any reason?

Posted by Joseph2020 > 2020-11-19 16:04 | Report Abuse

交易已經恢復。

Posted by Joseph2020 > 2020-11-19 16:06 | Report Abuse

PECCA GROUP BERHAD - REPORTED COVID-19 POSITIVE CASE

Posted by Joseph2020 > 2020-11-19 16:11 | Report Abuse

The Board of Directors ("BOD") of Pecca Group Berhad ("Pecca") wishes to inform that
its wholly owned subsidiary, Pecca Leather Sdn Bhd (“PLSB”) was notified on Tuesday,
17th November 2020 of some of our workers having suspected close contact with
COVID-19 positive cases.
As precautionary and preventive measures, PLSB immediately took the following proactive actions:
1) Conducted COVID-19 tests on all hostel workers, operations employees, office
staff, and security guards on 17th November 2020;
2) Carried out thorough disinfectant sanitisation on 17th November 2020 at all the
premises inclusive of office, production, hostel & cafeteria; and
3) Closed production operations since 17th November 2020, and instructed all
office employees to work from home.

PLSB received today the confirmation that 1 employee had tested positive for COVID19. Arrangements have been made for the said employee to receive medical
treatment at a government hospital. Other staff who had close contact with the said
employee are being self-quarantined at an assigned place.

flyguye

235 posts

Posted by flyguye > 2020-11-19 16:11 | Report Abuse

yeah i read that. strange that 1 reported case will halt the trade when multiple cases in other companies don't. hmmmm... it seems to me some players have pushed the price down to get in. thankfully so did i again :) :)

flyguye

235 posts

Posted by flyguye > 2020-11-19 16:21 | Report Abuse

ahhh... well at least i got to get in again at a lower price point. sometimes bad news can be beneficial...LoL

Noni

720 posts

Posted by Noni > 2020-11-19 19:06 | Report Abuse

Give it few more months. More listed companies will declare staffs getting Covid.
How to avoid? Suspend stock 1hr every time staffs get Covid. Hehehehe

Kang Yao

577 posts

Posted by Kang Yao > 2020-11-19 20:10 | Report Abuse

am surprise they only make announcement today, and allows insider to trade it down.

Rakyat

81 posts

Posted by Rakyat > 2020-11-20 12:14 | Report Abuse

Fctory closed, has covid

flyguye

235 posts

Posted by flyguye > 2020-11-20 14:58 | Report Abuse

as @Kang Yao rightly put it, this allowed insiders to push the price down & make a good entry. Even now i think it's still a good entry price since we are expecting a more positive quarterly report from previous. Still a decent upside to TP 1.75

Kang Yao

577 posts

Posted by Kang Yao > 2020-11-21 19:23 | Report Abuse

if you get TP1.75 based on own calculation, then its okay., I have bad experience with HLE TP.

flyguye

235 posts

Posted by flyguye > 2020-11-23 08:54 | Report Abuse

no, it wasn't my own calculation. what do you think the TP should be?

EarnAmeal

135 posts

Posted by EarnAmeal > 2020-11-23 21:36 | Report Abuse

TP 1.76

flyguye

235 posts

Posted by flyguye > 2020-11-24 15:32 | Report Abuse

yeah, that would seem like a fair TP

Posted by stocksrocket > 2020-11-25 11:53 | Report Abuse

Price would hv gone beyond 1.8 easily if not dragged down by some "dramas" in parliament recently. Anyway good time to sow more.

flyguye

235 posts

Posted by flyguye > 2020-11-26 16:42 | Report Abuse

it looks like some people are gonna get a chance to get in before the price shoots up

Posted by powerinvestor > 2020-11-28 13:02 | Report Abuse

longkang stock

Posted by powerinvestor > 2020-11-28 13:03 | Report Abuse

keeps dropping, up your head

iCE COOL

66 posts

Posted by iCE COOL > 2020-11-29 20:16 | Report Abuse

QR consider good? Their healthcare start to bring in revenue. Their target is 50mil pcs/month. What is the daily production output at the moment?

flyguye

235 posts

Posted by flyguye > 2020-11-30 12:08 | Report Abuse

from what can see, it's best Quarterly profit since last Quarter 2018.

Kang Yao

577 posts

Posted by Kang Yao > 2020-11-30 14:20 | Report Abuse

if their production line is running at 100%, its considered good qtr, else its not a good qtr. As I expect previous qtr backlog will fall into this qtr, but the malaysia revenue on leather seats only ~5% y-o-y qtr.

havent study its cash flow statement detail yet, anyone dig into it? just saw trade receivables have a sudden spike,

flyguye

235 posts

Posted by flyguye > 2020-11-30 15:13 | Report Abuse

i think they have nett cash flow & cash equilavents of 78mil

flyguye

235 posts

Posted by flyguye > 2020-11-30 15:14 | Report Abuse

i could be wrong, please correct me if inaccurate

flyguye

235 posts

Posted by flyguye > 2020-11-30 15:43 | Report Abuse

there also seems to accumulation going since 19th Nov

howgan

241 posts

Posted by howgan > 2020-12-01 13:08 | Report Abuse

W trend appear , it move forward RM1.64 pressure again, , once breakout , it will move to RM1.75

flyguye

235 posts

Posted by flyguye > 2020-12-01 15:06 | Report Abuse

@howgan, well spotted. looking good now :)

howgan

241 posts

Posted by howgan > 2020-12-01 17:12 | Report Abuse

W trend with volume seem trend confirm. tomorrow will chanllege 1.65 again.

flyguye

235 posts

Posted by flyguye > 2020-12-02 09:55 | Report Abuse

pressure building.....LoL

howgan

241 posts

Posted by howgan > 2020-12-02 19:42 | Report Abuse

Announcement. Official FDA Certificate approved.

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