PECCA GROUP BERHAD

KLSE (MYR): PECCA (5271)

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Last Price

1.31

Today's Change

-0.02 (1.50%)

Day's Change

1.31 - 1.34

Trading Volume

2,144,400


5 people like this.

1,774 comment(s). Last comment by OptionOracle 1 month ago

Posted by lifeisajourney > 2020-12-02 22:52 | Report Abuse

Tomorrow gap up open!

ray8283

6 posts

Posted by ray8283 > 2020-12-02 22:53 | Report Abuse

good news

flyguye

231 posts

Posted by flyguye > 2020-12-03 08:52 | Report Abuse

possibly a mad rush this morning? .... :)

howgan

241 posts

Posted by howgan > 2020-12-03 08:59 | Report Abuse

Investor Bank , News, Company Annoucement + Technical Trend possbile will push share price breakout RM1.65

flyguye

231 posts

Posted by flyguye > 2020-12-03 09:44 | Report Abuse

some people are keeping price down & collecting i reckon. There is certainly a chance for it to break 1.65 once they done collecting

cheech123

13 posts

Posted by cheech123 > 2020-12-03 12:02 | Report Abuse

Why not moving?

flyguye

231 posts

Posted by flyguye > 2020-12-03 14:29 | Report Abuse

i think it will move once certain people have collected enough. most of us here are small fries. we just try to get collect when they do & ride the wave.

Posted by powerinvestor > 2020-12-03 18:41 | Report Abuse

WTF stock!

cheech123

13 posts

Posted by cheech123 > 2020-12-04 16:30 | Report Abuse

Good news but the price still drop.. hopeless

garychee8

362 posts

Posted by garychee8 > 2020-12-07 11:05 | Report Abuse

opportunity to buy now..heading towards 1.70

flyguye

231 posts

Posted by flyguye > 2020-12-07 11:22 | Report Abuse

the company's fundamentals are solid. the stock is on an uptrend. if it keeps going up & up without retracing, that would mean it won't have support no? at least this way, you know there support levels just below. this has & is my most profitable counter, then again i'm still new, this is just my view. what do i know.

Posted by Australianpharmacist > 2020-12-08 10:55 | Report Abuse

ever since my exit 1 month ago, I've profited 25+% from BAUTO, OCK, TUNEPRO, SERBA and today Ecoworld.. idk why you guys hang around in this dead man's share for the past month, the good parts are over, when I leave, you guys shouldve known to leave

howgan

241 posts

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

Australianpharmacist , forum is for us to exchange our opnion but not show off.

Malgovn

34 posts

Posted by Malgovn > 2020-12-08 14:06 | Report Abuse

Agreed with Howgan.. We have faith in Pecca and I am sure it can reach TP 2 soon...

flyguye

231 posts

Posted by flyguye > 2020-12-08 14:30 | Report Abuse

apologies if i have come across as showing off.... but i believe in PECCA

EarnAmeal

135 posts

Posted by EarnAmeal > 2020-12-08 21:35 | Report Abuse

The Australian didn't realise we have extra money to buy other stocks as well. Why sell need to sell pecca to buy others?
I also can say I bought BAT and Hengyuan 2 weeks ago.

iCE COOL

66 posts

Posted by iCE COOL > 2020-12-11 15:45 | Report Abuse

who joining Pecca's AGM?

howgan

241 posts

Posted by howgan > 2020-12-16 08:26 | Report Abuse

Today third time challenge 1.65 for breakout.

Kang Yao

525 posts

Posted by Kang Yao > 2020-12-18 21:11 | Report Abuse

shit, i forgot its 18th!!! anyone attended?

flyguye

231 posts

Posted by flyguye > 2020-12-22 11:07 | Report Abuse

looks like opportunity to pick up at lower price

ShareNews

65 posts

Posted by ShareNews > 2020-12-22 14:04 | Report Abuse

Covid cases at pecca

mf

27,856 posts

Posted by mf > 2020-12-22 14:24 | Report Abuse

22 Dec | 02:16pm
Pecca confirms 246 employees tested positive for Covid-19, seven...

flyguye

231 posts

Posted by flyguye > 2020-12-22 14:26 | Report Abuse

are these at factory or office?

ShareNews

65 posts

Posted by ShareNews > 2020-12-22 14:32 | Report Abuse

Factory worker...in fact factor n office are same places

flyguye

231 posts

Posted by flyguye > 2020-12-22 14:39 | Report Abuse

thanks for the info, glad i bought more this morning. The upside is, this is temporary

onlyhuat

103 posts

Posted by onlyhuat > 2020-12-22 15:20 | Report Abuse

Car leather upholstery maker Pecca Group Bhd announced today 246 of its employees tested positive for Covid-19 in a recent screening.The group also said swab tests, quarantine measures and disinfection processes are estimated to cost up to RM500,000. It added that the impact of the seven-day production closure is expected to be limited to less than 5% of the group's financial year 2021 (FY21) revenue.

onlyhuat

103 posts

Posted by onlyhuat > 2020-12-22 15:21 | Report Abuse

As at Dec 21, 2020, all the swab test results received indicated 246 positive cases. The affected employees are receiving the necessary medical care, while close contacts are undergoing quarantine and will undergo subsequent testing. To date, no positive cases were noted among office-based employees

onlyhuat

103 posts

Posted by onlyhuat > 2020-12-22 15:21 | Report Abuse

Pending further developments within this period and further consultations with the Ministry of Health, PLSB aims to resume production operations no later than Dec 28.

flyguye

231 posts

Posted by flyguye > 2020-12-22 15:35 | Report Abuse

it's great that you guys are sharing info, i'm sure many of us here appreciate it. gracias :)

onlyhuat

103 posts

Posted by onlyhuat > 2020-12-22 15:47 | Report Abuse

PLSB had enforced enhanced physical distancing and protection measures, arranged separate lodging arrangements for non-affected employees, and undertaken disinfection and sanitation activities at production areas and common spaces

onlyhuat

103 posts

Posted by onlyhuat > 2020-12-22 15:47 | Report Abuse

To safeguard the safety of employees and facilities, PLSB also decided to close operations of the production floor from Dec 21 to Dec 27.

greedy44444

2,494 posts

Posted by greedy44444 > 2020-12-22 18:51 | Report Abuse

Kluster Pecca ?

hasnah

60 posts

Posted by hasnah > 2020-12-23 10:22 | Report Abuse

Car leather upholstery maker Pecca Group says 246 of its employees tested positive for Covid-19 in a recent screening.

iCE COOL

66 posts

Posted by iCE COOL > 2020-12-23 13:01 | Report Abuse

i tot the price will drop back below 1.40 and could buy cheap?

flyguye

231 posts

Posted by flyguye > 2020-12-24 14:49 | Report Abuse

the 1.40ish range was certainly a cheap range to get in. I think even 1.50ish range is also a good price range to get in. this afternoon may provide a an opportunity for those cashing in from the drop a couple of days ago... but we'll see

Posted by Joseph2020 > 2020-12-29 17:57 | Report Abuse

In a new twist, the government has now announced via a memo issued to the Malaysian Automotive Association (MAA) and Malaysian Association of Malay Vehicle Importers and Traders (PEKEMA) that there will an extension to the new vehicle sales tax exemption period to June 30, 2021. We’ve since checked with MAA, who confirmed the matter.

The sales tax exemption, which has been in place since June 15, was originally scheduled to come to an end on December 31 this year. According to the memo, the percentage of sales tax exemption remains unchanged from what was announced before, with 100% for locally-assembled (CKD) cars and 50% for fully-imported (CBU) cars.

Not too long ago, the Malaysian Automotive Association (MAA) revealed that a request to extend the sales tax exemption period was denied, but it looks like the government has had a change of heart.

The new vehicle sales tax exemption is part of the government’s Penjana programme in order to spur demand within the local automotive market. The sales tax exemption has resulted in reduced prices for passenger cars, although pick-up trucks are not eligible as they are classified as commercial vehicles.

flyguye

231 posts

Posted by flyguye > 2020-12-30 08:59 | Report Abuse

this news could be a catalyst to test the 1.65 resistance again. Should be another fun day to watch :)

flyguye

231 posts

Posted by flyguye > 2020-12-30 10:15 | Report Abuse

1.65 resistance crushed!! .....
Now it looks to move over 1.70. Kudos to all who held

Posted by Derrick Gan > 2020-12-30 11:25 | Report Abuse

From Technical Analyst , 1.65 breakout and Bollinger band hit upper line , short terms may challenge 1.75 as per investment bank forecast.

mrmeow

350 posts

Posted by mrmeow > 2020-12-30 12:38 | Report Abuse

HOOT9E breakout ady, most likely test 1.8

flyguye

231 posts

Posted by flyguye > 2020-12-30 15:58 | Report Abuse

TA Securities has just revised PECCA TP to 1.88
i guess current prices are starting to look even better to get in?

Kang Yao

525 posts

Posted by Kang Yao > 2020-12-31 09:09 | Report Abuse

congrats, further automotive tax exemption.

jojo85

434 posts

Posted by jojo85 > 2021-01-04 19:41 | Report Abuse

Demand will up due to the flood rage..

Posted by powerinvestor > 2021-01-05 20:37 | Report Abuse

hi, Pecah group

flyguye

231 posts

Posted by flyguye > 2021-01-13 09:53 | Report Abuse

good show this morning. Wonder if it can test 1.70 again?

Posted by Derrick Gan > 2021-01-13 12:24 | Report Abuse

Will breakout and showtime!!
http://www.klsescreener.com/v2/announcements/view/3290925

flyguye

231 posts

Posted by flyguye > 2021-01-13 13:12 | Report Abuse

@Derrick Gan,
thanks for sharing the info but i'm a little lost as i am a newbie with this. What does it mean in layman terms?

Posted by Derrick Gan > 2021-01-13 14:11 | Report Abuse

FYI, I am not an expert as well.
From my understanding Company do a lot of share buy back before and consider as Treasury share and now company willing give free shares instead of dividend to share holder with 16 share free 1 treasury share. 1600 normal share to 100 treasury share
Any expert please correct me if i am wrong.

flyguye

231 posts

Posted by flyguye > 2021-01-13 14:16 | Report Abuse

@Derrick Gan,
thank you for the clear explanation. Very much appreciated

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