PECCA GROUP BERHAD

KLSE (MYR): PECCA (5271)

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Last Price

1.29

Today's Change

-0.01 (0.77%)

Day's Change

1.27 - 1.30

Trading Volume

1,128,900


5 people like this.

1,780 comment(s). Last comment by flyguye 1 week ago

Posted by Rocketcatch > 2021-08-12 20:19 | Report Abuse

Pecca is a financially strong and debts free company. The director buy back shares as they have confidence in their company and knowing that their company share price is worth more than that.

Posted by stocksrocket > 2021-08-12 20:21 | Report Abuse

When price down, some says "see, i told you so". But when price up, they say overvalue. When director buys shares...they say market lose confidence but when director sells shares, they say director lose confidence in its own company... So how to please forever haters... Adui.

Posted by Rocketcatch > 2021-08-12 20:26 | Report Abuse

I have been monitoring the share of pecca for months. Very obviously that someone or a group of people are trying to push down the price. This action definitely is to create fear and try to trick the retailers to lost faith in the company so they can panic sell and they can continue to collect the shares at lower price. Dont fall into their trick.
I have faith in Pecca as the director is buying back their shares.

Posted by Rocketcatch > 2021-08-12 20:27 | Report Abuse

Totally agreed with stockrocket.

Posted by KakiKakiStock > 2021-08-13 08:33 | Report Abuse

insiders always feel their company share price is worth more than curent share price. that is normal. at rm3, they think their counter should be rm6.

when insiders try milk company all for their own benefit, that is super abnormal to any investor or institution. it a BIG red flag. wallstreetrookie half right. insider buying to support, no foreign institution at all.

congrat to traders who made money, must thank director sam. better hope she support more.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-13 08:51 |

Post removed.Why?

Posted by NatsukoMishima > 2021-08-13 09:40 | Report Abuse

Continue downtrend until below rm 2 , are u dare to hold ???

Investmon

34 posts

Posted by Investmon > 2021-08-13 10:42 | Report Abuse

with so much cash sitting in Pecca balance sheet, how else can one take the money out? Rentas RM100mil acquisition of half cash half shares is best strategy to siphon money ... great move by Pecca owners

Posted by greentower > 2021-08-15 08:11 | Report Abuse

car salesman friend sent article...https://www.freemalaysiatoday.com/category/nation/2021/08/14/lockdown-seen-as-disaster-for-automative-sector/

An industry player who also asked to be anonymous said local brands had been hit badly by the closure.

MAA president Aishah Ahmad told FMT the lockdown had been “disastrous” for the industry.

this confirm car biz is gone, no sign of recovery. NatsukoMishima ask correct question, are u dare to hold? the fear is very REAL.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-15 10:29 |

Post removed.Why?

stingray_ea

2,765 posts

Posted by stingray_ea > 2021-08-16 09:22 | Report Abuse

3.13


===================

Posted by stingray_ea > Apr 8, 2021 3:02 PM | Report Abuse X

run run run limit down soon

========================

rogers123

4,004 posts

Posted by rogers123 > 2021-08-16 23:30 | Report Abuse

Karma will look for someone who cheat the shareholders

cn21

491 posts

Posted by cn21 > 2021-08-17 20:52 | Report Abuse

4 Executive Directors : MD, MD's wife, MD Son & daughter........Now buy a newly established company from his daughter for RM200 Million valuation........ Is he running a family business...or Public company.....????

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-17 20:53 |

Post removed.Why?

mf

27,988 posts

Posted by mf > 2021-08-18 03:29 | Report Abuse

Dow Jones 35,266.762 -358.64 1.01%
Nasdaq 14,643.91 -149.857 1.01%

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-18 08:50 |

Post removed.Why?

xy9012

21 posts

Posted by xy9012 > 2021-08-18 17:05 | Report Abuse

lets see how many million spent on buyback today :)

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-18 17:24 |

Post removed.Why?

cn21

491 posts

Posted by cn21 > 2021-08-20 14:01 | Report Abuse

4 Executive Directors : MD, MD's wife, MD Son & daughter........Now buy a newly established company from his daughter for RM200 Million valuation........ Is he running a family business...or Public company.....????.... Good Luck to the existing minority shareholders.....

Posted by KakiKakiStock > 2021-08-24 07:38 | Report Abuse

let do a recap on movement within pecca company. CFO foo ken nee kicked out on 21 may. CFO tang tat chun kicked out on 13 July. executive director chew kian seng kicked out on 20 Aug.

pecca announce rm100 million milking exercise for sole benefit of majority shareholder family on 2 Aug.

share price start plunge after milking exercise announce. director sam maybe cannot stand see price drop everyday, came in support with 1156900 share buy. share price still continue drop.

market can maybe see a link from the 3 people kicked out and milking exercise. it could be the 3 people no agree with milking exercise and got kick out?

market lost confidence in pecca, only insiders support share price. can support for how long?

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-24 08:45 |

Post removed.Why?

kotatata

58 posts

Posted by kotatata > 2021-08-25 15:54 | Report Abuse

How many people kena cut vegetables ;)

Posted by KakiKakiStock > 2021-08-26 10:26 | Report Abuse

this morning again some1 put 100,000 to buy at 3 at 850am. and then withdraw the order with 10 seconds to opening.

already many times this happen. bursa need to act on this spoofing.

Posted by Rocketcatch > 2021-08-26 15:54 | Report Abuse

@kakikakistock...r u holding alot of pecca shares?

flyguye

233 posts

Posted by flyguye > 2021-08-27 15:06 | Report Abuse

LoL, more water fishing afoot........

Posted by Derrick Gan > 2021-08-27 15:50 | Report Abuse

If cannot sustain at 2.80, i wait you at 2.30

sasword

1,143 posts

Posted by sasword > 2021-08-27 18:15 |

Post removed.Why?

Posted by NatsukoMishima > 2021-09-01 21:54 | Report Abuse

For me this stock is no more than rm 1.30 !

Posted by greentower > 2021-09-03 10:31 | Report Abuse

https://www.thestar.com.my/news/nation/2021/09/02/govt-sets-ceiling-price-for-covid-19-self-test-kits

this yesterday news on ceiling price for test kit

pecca shareholders now want to know if ceiling price also on rt-pcr test kit supplied to moh from restas healthcare company. and how it will affect the acquisition since rentas profit sure drop a lot

bad omen for this milking exercise oh.....

flyguye

233 posts

Posted by flyguye > 2021-09-03 11:41 | Report Abuse

@greentower, I think that ceiling price won't affect the profits from the deal as a contract with set terms would have been struck beforehand.
But as usual we can expect the price to be pushed down. Woohoo!

Posted by value1nvesting > 2021-09-03 19:33 | Report Abuse

as far as i know the ceiling is on RTK Test Kid and not the PCR Pecca is supplying to MoH. Doubt MoH will adjust the price as the agreement has been signed. interesting to see how market react though, price seems to sustain at this level.

Posted by greentower > 2021-09-06 07:53 | Report Abuse

new health minister must adjust terms of contract. govt contracts based on draw downs. for test kits not yet draw down, set ceiling price. it is after all the rakyats money. some more now pandemic. retribution for those make big profit from death and suffering of the people.

ivanlau

1,344 posts

Posted by ivanlau > 2021-09-13 19:28 | Report Abuse

Pecca this time really " picak " .... today closing 2.97, believed it will drop till 2.30 within month.....

Posted by EatCoconutCanWin > 2021-09-13 20:47 | Report Abuse

Face mask n covid test kits price keep dropping. Not easy to do business. Haiz... CEO already try his best during pendemic but luck not at their side.

gemfinder

6,880 posts

Posted by gemfinder > 2021-09-13 21:02 | Report Abuse

Very overvalue la. Down below rm1 la

Posted by EatCoconutCanWin > 2021-09-14 09:12 | Report Abuse

buy

flyguye

233 posts

Posted by flyguye > 2021-09-14 09:22 | Report Abuse

No la, don't buy. Sell so the IB's can collect.........LoL

cn21

491 posts

Posted by cn21 > 2021-09-14 14:11 | Report Abuse

most probably next quarter, the company is making loss due to MCO ( Produa sales drop and factory no operation)....... is time to RUN!.....

cn21

491 posts

Posted by cn21 > 2021-09-14 14:13 | Report Abuse

latest target price ....is only RM2..........................

flyguye

233 posts

Posted by flyguye > 2021-09-14 14:34 | Report Abuse

listen to the guy above, he needs your help! sell your shares so they can buy.......LoL

Posted by chopin1005 > 2021-09-18 05:52 | Report Abuse

overvalued rubbish. No thanks

xy9012

21 posts

Posted by xy9012 > 2021-09-21 17:14 | Report Abuse

okay la, i bought the callie mask support u all xD..hahahaha

kotatata

58 posts

Posted by kotatata > 2021-09-22 10:43 | Report Abuse

So many vegetables kena chopped ;)

VTrade

2,434 posts

Posted by VTrade > 2021-09-23 09:29 | Report Abuse

Chatting start active. Vegetable replanting after chopped.

Posted by stockp1cker > 2021-09-27 23:18 | Report Abuse

Pecca announces share dividend again, 1 share for every 41 existing shares. the last time Pecca announces share dividend, something magical happens thereafter, wonder if the myth can still continue...

Posted by value1nvesting > 2021-09-27 23:22 | Report Abuse

Feel like DCA, as price seems to be hovering around 2.9 level for quite some time. Seems to have form a base and waiting for breakout.

Director announce in AGM getting orders from perodua, and Myvi seems to be having a facelift soon.

Posted by value1nvesting > 2021-10-04 22:56 | Report Abuse

Prices are stable now, doesnt seem to have a lot seller after the RM3 mark. hehe bought at RM2.9 and see where it'll go. Given the share dividend that has been announced, wonder what is next.

DickyMe3

658 posts

Posted by DickyMe3 > 2021-10-08 19:09 |

Post removed.Why?

Posted by stockp1cker > 2021-10-10 12:40 | Report Abuse

price breakout on the short term, if can sustain, may see further gain. Couple this with the bonus share dividend, i think short term wise, this shares can buy and hold.

Posted by StreetAnalyst > 2021-10-17 23:14 |

Post removed.Why?

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