PERAK TRANSIT BERHAD

KLSE (MYR): PTRANS (0186)

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Last Price

0.685

Today's Change

0.00 (0.00%)

Day's Change

0.675 - 0.69

Trading Volume

189,700


7 people like this.

11,514 comment(s). Last comment by Why_ 2 months ago

Posted by Muhammad Jamaluddin > 2016-10-06 08:52 | Report Abuse

Good luck guys....

Posted by Muhammad Jamaluddin > 2016-10-06 09:03 | Report Abuse

Open at 0.18

mamatede

3,950 posts

Posted by mamatede > 2016-10-06 09:10 | Report Abuse

does not seem attractive tho..but looking at the fact that even KTC can be at 0.3 with similar earnigs..

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2016-10-06 09:44 | Report Abuse

No umph. Maybe let you sell first...after 7 days baru naik.

tan5995

229 posts

Posted by tan5995 > 2016-10-06 09:48 | Report Abuse

keep for 1 month. Will reach 0.23
better than FD. This company earning is steady. No worry .

Posted by Sadzali Zali > 2016-10-06 09:50 | Report Abuse

bought @0.19 for long term investment..

mamatede

3,950 posts

Posted by mamatede > 2016-10-06 10:20 | Report Abuse

agreed with Tan, this counter can climb further. venturing into public transport such as bus station is kind of of long term recurring income later.

ruslimz

1,609 posts

Posted by ruslimz > 2016-10-06 10:22 | Report Abuse

not a bad bus.....more than 20% profit.....

mamatede

3,950 posts

Posted by mamatede > 2016-10-06 10:31 | Report Abuse

Compared to KTC.. 100% profit on first day of ipo..

Posted by Mohd Fahmi Bin Jaes > 2016-10-06 10:33 | Report Abuse

time to sell

mamatede

3,950 posts

Posted by mamatede > 2016-10-06 10:47 | Report Abuse

haha Fahmi the sell joker come liao..

mamatede

3,950 posts

Posted by mamatede > 2016-10-06 10:55 | Report Abuse

Type Announcement
Subject OTHERS
Description PERAK TRANSIT BERHAD ("PERAK TRANSIT" OR "COMPANY")
- THE ARTICLE TITLED PERAK TRANSIT TO MAKE ACE DEBUT PUBLISHED BY THE EDGE MALAYSIA (WEEKLY ISSUE) DATED 3 OCTOBER 2016 ("ARTICLE")
(Unless otherwise stated, the abbreviations used herein shall have the same meaning as those stated in the Company’s Prospectus dated 15 September 2016 in relation to the Listing)

Reference is made to the Article. On behalf of the Board of Directors of Perak Transit (“Board”), TA Securities Holdings Berhad (“TA Securities”) wishes to clarify the following information mentioned in the said Article:

1. Perak Transit received financing facilities from Bank Muamalat Malaysia Berhad (“Bank Muamalat”) of up to RM10 million for the Group’s working capital, instead of RM10 billion as stated in the Article. The source of funds which is used to disburse the loan to the Group is via the Investment Account Platform which comprises contributions from depositors and Bank Muamalat;

2. The Combined Bus Services Sdn Bhd, a 99.89% subsidiary of Perak Transit agreed to purchase the two parcels of land measuring 3.72 acres in Kampar, Perak for the construction of its Terminal Kampar for the purchase consideration of RM1,296,344, instead of RM1.62 million as stated in the Article;

3. The Terminal Kampar will have building platforms, bus loading/ unloading bays, hotel rooms and hotel facilities such as lobby and events hall, cinema and entertainment outlets, car parks, sports and fitness club and dental specialist centre;

4. The Perak Transit Group currently operates a total of four (4) petrol stations, comprising one (1) Shell petrol station located at Lahat; one (1) Shell petrol station in Tanjung Rambutan, one (1) BHP petrol station at Terminal AmanJaya and one (1) Petron petrol station at Lubok Merbau, Kuala Kangsar all of which are located in Perak, instead of several Petron petrol stations in the state capital as stated in the Article;

5. The oversubscription rate of the 58,000,000 Public Issue Shares made available to the Malaysian Public was 19.83 times, instead of 9.83 times as stated in the Article; and

6. The collective stake held by four (4) IPO promoters and five (5) shareholders is 78.56%, instead of eight (8) IPO promoters and major shareholders as stated in the Article.

This announcement is dated 5 October 2016.

tklim

3,164 posts

Posted by tklim > 2016-10-06 11:39 | Report Abuse

0.185 could be the Target Price.......wait and see lorrr......market condition very weak......

Orga

1,171 posts

Posted by Orga > 2016-10-06 11:41 | Report Abuse

IMO Selling pressure/profit taking will still taking place in a day or two before the price fully settle down.

sengkee

2,060 posts

Posted by sengkee > 2016-10-06 11:43 | Report Abuse

distribution at 0.185. Be Careful.

sengkee

2,060 posts

Posted by sengkee > 2016-10-06 12:04 | Report Abuse

slowly throwing down with huge volume. Wait for reverse sign before enter

Orga

1,171 posts

Posted by Orga > 2016-10-06 12:13 | Report Abuse

pity who chase higher price.. IMO, if not enough bullet better cut lost and wait to buy lower price. we ikan bilis cannot do anything.

mamatede

3,950 posts

Posted by mamatede > 2016-10-06 12:35 | Report Abuse

thats why u have to chillz and not go panic and lose big money..

mamatede

3,950 posts

Posted by mamatede > 2016-10-06 12:40 | Report Abuse

In the prospectus , under dividend policy. The director has intend to reward 25% from profit as dividend. Say every quarter earn minimum 2mil Profit after tax, 4 quarter is 8 mil. 25% of 8 mil is 2 mil. and 2 mil divide say 300mil shares.. one share earn 0.007.. if u divide 0.007 over current price thats 3.7% yield per annum...

Pavillion

3,100 posts

Posted by Pavillion > 2016-10-06 12:43 | Report Abuse

Going to be tricky.

Oretama

176 posts

Posted by Oretama > 2016-10-06 12:52 | Report Abuse

Now still at 0.18 only. Undervalue dy, aiming at 0.275
Huhuhuhu huat r

sengkee

2,060 posts

Posted by sengkee > 2016-10-06 12:52 | Report Abuse

not divide by 300 million shares. This Company's issued share is about 1.14 billion.

sengkee

2,060 posts

Posted by sengkee > 2016-10-06 12:54 | Report Abuse

Morning alone the transaction already hit 129 million shares.

jalierm

8 posts

Posted by jalierm > 2016-10-06 15:26 | Report Abuse

perghhh....IPO open 15c....sold at 19...popit already....sad...miss the buss huhuuu

Pavillion

3,100 posts

Posted by Pavillion > 2016-10-06 15:31 | Report Abuse

Everybody think like that. Actually it is difficult to make from contra...even for ipo.

mamatede

3,950 posts

Posted by mamatede > 2016-10-06 15:53 | Report Abuse

usually early bird ipo buyer earned big bucks lor... thats the trend..

mamatede

3,950 posts

Posted by mamatede > 2016-10-06 15:59 | Report Abuse

There there buy before all those yayasan terengganu or big funds start buying..

Orga

1,171 posts

Posted by Orga > 2016-10-06 16:05 | Report Abuse

Wow.. rocket to north.. enjoy who are onboard..

Contender

523 posts

Posted by Contender > 2016-10-06 16:09 | Report Abuse

Looks like bus is started the engine going to leave the bus station, better hurry if not miss the Express Bus

ymj1016

216 posts

Posted by ymj1016 > 2016-10-06 16:16 | Report Abuse

this bus got turbo-engine one.

Posted by Mohd Fahmi Bin Jaes > 2016-10-06 16:18 | Report Abuse

sell time

Contender

523 posts

Posted by Contender > 2016-10-06 16:19 | Report Abuse

more like show time than sell time Mohd Fahmi Bin Jaes

ymj1016

216 posts

Posted by ymj1016 > 2016-10-06 16:19 | Report Abuse

ipoh mali, ipoh mali.... taugeh ayam satu plate. ...; old town cofee satu cup.

goldenluck16

1,955 posts

Posted by goldenluck16 > 2016-10-06 16:28 | Report Abuse

Buy....to..25 sen

goldenluck16

1,955 posts

Posted by goldenluck16 > 2016-10-06 16:28 | Report Abuse

Target price 25 sen

Posted by Mohd Fahmi Bin Jaes > 2016-10-06 16:32 | Report Abuse

sell

mamatede

3,950 posts

Posted by mamatede > 2016-10-06 16:40 | Report Abuse

haha Fahmi sell joker is here again.. everywhere also say sell... if follow u earlier to sell means i cant earn this margin already.. XD

Posted by Mohd Fahmi Bin Jaes > 2016-10-06 16:40 | Report Abuse

tp 0.210 reach. sell

Pavillion

3,100 posts

Posted by Pavillion > 2016-10-06 16:56 | Report Abuse

Good goreng.

mh87

3,966 posts

Posted by mh87 > 2016-10-06 16:57 | Report Abuse

Looks like it will has good support.. Hope goverment will fully support this stock..

mysmo1

201 posts

Posted by mysmo1 > 2016-10-06 16:57 | Report Abuse

thanks PTRAN for quick pocket money today!!!!!

jalierm

8 posts

Posted by jalierm > 2016-10-06 17:11 | Report Abuse

let see tomolo....wat hepen

Pavillion

3,100 posts

Posted by Pavillion > 2016-10-06 17:14 | Report Abuse

Heard operator from same group of ANZO etc.

Posted by Tan Toh Fei > 2016-10-06 18:04 | Report Abuse

i'm a bit skeptical about this counter, a lot of borrowings, can be good can be bad ... no much financial records to check as well ... kiv.

jalierm

8 posts

Posted by jalierm > 2016-10-06 18:24 | Report Abuse

hopefully this joy can hold...TP .30c

Posted by Jay Loon > 2016-10-06 18:49 | Report Abuse

sad, i failled the ipo baillot... maybe wait for stock price release...

Pavillion

3,100 posts

Posted by Pavillion > 2016-10-06 18:50 | Report Abuse

Hopefully..... Elvis has not left the building !

mamatede

3,950 posts

Posted by mamatede > 2016-10-06 23:05 | Report Abuse

Tan, you can always look at the prospectus and it will show u 3 years back financial performance..

Posted by Mohd Fahmi Bin Jaes > 2016-10-07 09:40 | Report Abuse

down.
sell

ks5S

4,601 posts

Posted by ks5S > 2016-10-07 09:41 | Report Abuse

Train to Pengsan

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