Just a gentle reminder: Rather than a public bus company, bus terminals are Ptrans's main concern. I think a lot of ppl are still using the long distance buses which are very comfortable. It's very tiring to drive long distances, so why not let professional bus captains do the job, and we just sit back, relax? I have been holding Ptrans since 2019, and it does not disappoint!
@djibaok Have you been to the bus terminals managed by Ptrans? I have not, but I have been to other major long-distance bus terminals and there are lots of people.
Honestly, their terminal is empty. Especially kampar. Many empty lots. Contradict to their report which show huge amount of rental. Probably rent to third party or director private company. Now many TOD development. All bus terminal built near lrt or train. Ipoh will be develop by mb inc and ktm. Their stand alone bus terminal in future no hope
For Kampar, report said half-empty in Feb 2023, and projected to reach 70% by end 2023. Half empty means many empty lots? so not contradiction? TOD is not new concept, surprised that PTrans does not know this.....
Probably they used personal company to rent. On paper legit rent income. If they didn't collaborate with train in near time, it will be loss for them. High speed train will be around country.
Some statement also doubt. Previously said they are third party management for terminal alor setar. After local council release open tender early this year, terminal alor setar disappear from their report. This counter need to rethink many times before hold longer
YeosCincau, your comment.....":Previously said they are third party management for terminal alor setar. After local council release open tender early this year, terminal alor setar disappear from their report.".........is an outright lie and defamatory.
I suggest you correct your "error" and post the actual facts.
An extract from the most recent quarterly, August 16, 2023........."The Group is also actively seeking new third-party terminal management services to grow this asset light business, as seen from the collaboration to operate Terminal Sentral Kuantan and Terminal Bas Shahab Perdana in Pahang and Kedah respectively."
Terminal Bas Shahab Perdana is the Alor Setar site.
On 23 February 2021, the Group, has via TUSB entered into a Collaboration Agreement with NSS IT Solution to collaborate and cooperate in the concession granted by Majlis Bandaraya Alor Setar to NSS IT Solution for managing a bus terminal known as Terminal Bas Shahab Perdana (“TBSP”) located in Alor Setar, Kedah Darul Aman. The Collaboration Agreement shall be effective for a total period of 15 years, commencing from 1 April 2022 or upon the completion of the renovation works in TBSP, whichever is earlier, with the initial collaboration period of 3 years, renewable at each of the consecutive 3 years (“Term”) for a total 5 Terms, subject to the mutual agreement by both parties. The total investment cost for the concession amounted to RM9,000,000 of which the Group and NSS IT Solution shall each bear RM6,500,000 and RM2,500,000 respectively. Pursuant to the Collaboration Agreement, the Group is required to construct and complete the renovation work of the commercial area in TBSP and responsible to maintain and manage the commercial area. In return, TUSB is entitled to all the income generated from the commercial area. In contrast, NSS IT Solution is required to renovate, maintain and manage the terminal area of TBSP and is entitled to receive all income generated from operating the terminal area.
Majlis Bandaraya Alor Setar mempelawa Syarikat yang berminat untuk Mengurus dan Menaiktaraf Terminal Bas Shahab Perdana, Alor Setar, Kedah. Rujuk Lampiran (A) IKLAN TAWARAN untuk maklumat lanjut.
Pemohon yang berminat hendaklah mengemukakan kertas cadangan yang mempunyai maklumat lengkap dan wajib mengikut garis panduan penyediaan kertas cadangan seperti di borang ‘A’ dan boleh didapati di Bahagian Bekalan Dan Kontrak, Tingkat 8, Menara MBAS.
Syarikat perlu mengambil borang tersebut sebagai panduan utama bagi cadangan syarikat. Hal ini akan dinilai oleh MBAS bagi setiap cadangan yang dikemukakan.
Tarikh Tutup Tawaran: 07 FEBRUARI 2023 | JAM 12.00 TENGAHARI
I am. Those statements i copy from their latest annual report. I give facts. We didn't know why have contradiction. We are not the owner. We speculating as per what we see. If u are from the company, tell us. We trader we speculate we buy we sell. Every counter. Ding dong company sure kena one
Here are some of your statements since you joined i3, you tell me if they are not actionable in a court of law:
"Probably they used personal company to rent. " " After local council release open tender early this year, terminal alor setar disappear from their report" "Honestly, their terminal is empty. " "Contradict to their report which show huge amount of rental." "Probably rent to third party or director private company."
Bro. This is forum where people share thoughts, opinion, information. Suddenly u koyak and threatening showing u from the company. Its not my fault ur terminal empty. Not my fault also the contradiction. By threatening and not replying by giving facts is showing the face. Remember the company is public listed and investor have right in arguments, on site visit, etc. Unless is private ownership, think again. Later sc come finished bro
YeosCincau, Let me get this right. Are you saying I am a company employee, a member of staff for Perak Transit? Am I right in thinking that you are stating or suggesting that?
"Suddenly u koyak and threatening showing u from the company. Its not my fault ur terminal empty."
Before you dig the hole you are in any deeper, I'd suggest you consider what you state.
As for people having opinions on listed companies, I agree 100%. But the line is drawn when those comments make claims of fraud and slander. You should be well aware of that.
Don't blame me or anyone else if you are too naive to understand the laws.
Outlook: PTRANS drop slightly and hovers around MA20 level of 1.20 recently. Price to stay around this level in the near term before resuming uptrend. Need some fundamental good news to break resistance of 1.36.
After bonus issued the share price will be readjusted to 0.76.. if I buy at price 1.25.. wit bonus issued average down 0.8x … 😅 still a lost for temporary
@waikikizzz The 0.76 is just for illustration. After getting the bonus, 1 share will become 1.5 shares, so let's say b4 bonus 1 share rm 1.50, then after bonus, price will be adjusted to rm 1. NO Change to the total worth of your share.
Mine is in today. Ptrans going down, may be some ppl start to sell some of their bonus.....For me, just simpan lah: As these bonus shares also qualify for dividend, this means my usual dividend will increase by 50% :)
I wonder what is the business model of this PTRANS.. Pelik.. I went to the Terminal Kampar --> dirty, almost empty with no visible stalls.. passengers just a few.. Ads board (could not see any).. I wonder how this PTRANS generates profit.. hmm...
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Peace99
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Posted by Peace99 > 2023-09-06 21:22 | Report Abuse
Just a gentle reminder: Rather than a public bus company, bus terminals are Ptrans's main concern. I think a lot of ppl are still using the long distance buses which are very comfortable. It's very tiring to drive long distances, so why not let professional bus captains do the job, and we just sit back, relax? I have been holding Ptrans since 2019, and it does not disappoint!