Posted by IvakaWong > 2020-08-08 21:56 | Report Abuse

It is 0.0025 per share. Not 25 sen

Posted by smartly > 2020-08-08 22:16 | Report Abuse

could it be a trap in warrant conversion ?
the moment you send in for conversion, the price start to drift downward & you can do nothing with it as it is in the hand of registrar for almost 2 weeks...

Posted by Khairul Azuan > 2020-08-08 22:49 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3075484


Dato Cheong Peak Sooi Intention to deal in securities of Perak Transit Berhad during closed period..I think Ptrans open gap up on monday..

Posted by smartly > 2020-08-08 23:28 | Report Abuse

are you sure Khairul ?
he has intention means he is planning to sell i think.
20m shares + 9.2m warrants...this will cause share price hitting a hurdle provided buying interest overcome his no. of shareholding...

Posted by smartly > 2020-08-08 23:29 | Report Abuse

i believe his 'intention' is selling more than buying...

Posted by Khairul Azuan > 2020-08-08 23:41 | Report Abuse

Smartly..
Yupp may be you are right..Sell on news..
Thanks smartly..

Posted by Peace99 > 2020-08-09 09:18 | Report Abuse

Smartly, would really like to hear your reasoning why he intends to sell rather than buy.

Posted by smartly > 2020-08-09 10:59 | Report Abuse

peace99, there is various dealings an ED can do once he has make official announcement to bursa e.g intention to deal during closed period.
buy, sell, transfer, exercise warrant, underwriting & etc
i don't know what his intention. i am guessing.....
1. high chance that he might exercise warrant since he owns 1.7%
2. sell mother or warrant since it has gone up a lot
3. buying more to capture/take advantage of dividend ? unlikely
4. etc...e.g transfer

high chance that could be 1 or 2 above. i hope i am wrong, if he adopted option 2 then market buying rate must succumb his shareholding (mother 1.4% or son 1.7%), then it will only have minimal impact since 20m shares is not a lot if compare to current daily vol of >50m.
let's hope that he has other intention rather than option 2. by next week we will know thru bursa announcement hopefully.

Posted by Peace99 > 2020-08-09 12:38 | Report Abuse

Smartly, Thanks so much for sharing. Boss CKF holds about 1/4 billion shares and 100mil warrants. (According to Co Prospectus, shares: 248mil direct &292mil indirect, Warrants: 90mil direct, 133mil indirect..... what is the difference between direct and indirect....i don't know)

In the bursa announcements, he announced transfers. Is transfer the first step before buying/selling?

I hope he will sell some warrants so we ikan bilis don't have to pay high, then convert and untung :)

My thinking is that the Management will not do something to hurt us, so even if he sell his shares, should be in small quantities. But it should be hoping warrant holders to convert.

Hopefully, co gets the fund it needs to do what it needs to do....and we also profit more and more :)

Posted by cheeseburger > 2020-08-09 20:28 | Report Abuse

now the bus has upgraded to super turbo engine...

Posted by sianglong91 > 2020-08-09 22:46 | Report Abuse

Ptrans busses all steadypunpipi, hahaha

Posted by cheeseburger > 2020-08-10 09:14 | Report Abuse

going strong 325 station pass...

Posted by lwlgood > 2020-08-10 09:21 | Report Abuse

330 done. Tot kaboom

Posted by lwlgood > 2020-08-10 09:34 | Report Abuse

Strange minibus Hot

Posted by Peace99 > 2020-08-10 10:26 | Report Abuse

Accumulated value already nearly 12 mil, combined block of 320 and 325 is ~2mil, should be
able to go back to 330 and beyond

Posted by Peace99 > 2020-08-10 10:29 | Report Abuse

tksw, he needs to borrow mani to convert meh? If he wants to convert, he surely has some mean
to do it....he is the boss!

Posted by miniyaoming > 2020-08-10 11:03 | Report Abuse

Ptran is following gunung , break 0.35 is no problem

Posted by HappY InVest (=^x^=) > 2020-08-10 11:28 | Report Abuse

Tadi saya kirim bank cek bernilai 117,500 ke registrar untuk convert mini bus, support sikit dato

Posted by smartly > 2020-08-10 17:39 | Report Abuse

this dato cps disposed all his warrants today...

Posted by smartly > 2020-08-10 17:42 | Report Abuse

tmr got 21m mother shares listing. will start feeling the selling pressure tmr...

Posted by Stephen Baster > 2020-08-10 20:33 | Report Abuse

Warrants conversion represent shareholder confident in holding not the other way around. You don't simply convert and sell. Check out Asiaply on the way up. So many rounds of warrants conversion.

Posted by Peace99 > 2020-08-10 20:43 | Report Abuse

Happy, aku pun mahu convert, harap dapat support dari semua sifu sifu.
Yang paling penting, Boss CKF &Co, tolong jangan jual murah....nanti ikan bilis rugi :(

Posted by Peace99 > 2020-08-10 20:45 | Report Abuse

tksw, now drunk driving get severe punishment....so driver not mabuk and will not gostan?

Posted by HappY InVest (=^x^=) > 2020-08-10 21:11 | Report Abuse

Peace, ko pakai nominee kah atau cash account?

Posted by HappY InVest (=^x^=) > 2020-08-10 21:12 | Report Abuse

tksw hari2 tipo noob jual shares , aq diam diam tengok je

Posted by cheeseburger > 2020-08-10 22:21 | Report Abuse

are you sure bus gostan? look at the stock chart price been on consistently up for past 2 weeks. All green.

Posted by Stephen Baster > 2020-08-11 08:16 | Report Abuse

This is definitely a long term keep. Was just hoping it got into the buying frenzy trend but too bad it is not healthcare or tech related else it will limit up! ahaha

Posted by cheeseburger > 2020-08-11 10:31 | Report Abuse

time for bus to take some rest, after going a long journey to north..

Posted by tasas > 2020-08-11 11:18 | Report Abuse

Bus rest at 305 station to take more passengers

Posted by lwlgood > 2020-08-11 11:55 | Report Abuse

Hmmm rest too long already

Posted by Stephen Baster > 2020-08-11 14:04 | Report Abuse

Today will be the day this bus decide to go Penang or Johore

Posted by Peace99 > 2020-08-11 14:04 | Report Abuse

Happy, Peace started with Nominee account with a bank, and they will do the paperwork to convert. Problem is need to call broker to order mini-bus. Now also has cash account with MPlus. But Mplus tak buat conversion, so aku beli di MPlus more mini-bus and then transfer it to the bank.....it's crazy, but i sementara ni tak dapat beli bank draft/money order :(

Posted by Peace99 > 2020-08-11 14:09 | Report Abuse

tksw, once you wanted to wait at 250? Via mini bus, can get 260 or 265....Now BUS resting, expecting ppl will convert....

Posted by Peace99 > 2020-08-11 14:40 | Report Abuse

Btw, bank draft and money order macam zaman batu :)

Posted by seantan988 > 2020-08-11 15:38 | Report Abuse

Collect more

Posted by seantan988 > 2020-08-11 15:59 | Report Abuse

Selling pressure high wor haha

Posted by lwlgood > 2020-08-11 16:15 | Report Abuse

Tksw sifu. Waa as you predicted chun chun 295

Posted by lwlgood > 2020-08-11 16:40 | Report Abuse

Chammm I hold at peak

Posted by cheeseburger > 2020-08-11 16:58 | Report Abuse

0.30 is the mark. Below that line prepare cut loss.

Posted by RRP7623 > 2020-08-11 19:37 | Report Abuse

Good news coming. Please be patient

Posted by cheeseburger > 2020-08-11 19:51 | Report Abuse

next resistance 0.28 , then last stronghold will be 0.265, this must not cross. Good luck.

Posted by Peace99 > 2020-08-11 22:03 | Report Abuse

tksw sifu, if he no dispose of warrant, i can't buy to convert. Just bought, must wait 3 days to convert...

Posted by Peace99 > 2020-08-11 22:33 | Report Abuse

RRP7623, what's the good news? Are you referring to below or more?

Don't mind I cut and paste: Target Price 34sen:

FRom Public Bank: Perak Transit (PTB) announced that it has finally received the 2nd phase of Certificate of Completion and Compliance (CCC) approval for its Terminal Kampar. We expect Terminal Kampar to be fully operational by early-2021, as renovation and fitting works are expected to take around 3 to 6 months, with an estimated 70% occupancy rate. Rental from advertising and promotional spaces (A&P) is expected to be received from September 2020 onwards. We make no changes to our earnings forecast, having already accounted for this development. With the soon-to-be expiring warrants currently in-the-money, we expect to see full conversion which will consequently lower our DCF-based target price to RM0.34 (previously RM0.38). Given the strong share price performance in recent weeks and limited price upside, we also lower our recommendation on Perak Transit to Trading Buy (from Outperform). We continue to like the Group’s growth prospects, with the next income push anticipated to come from the integrated public transportation terminals in Bidor and Tronoh.

From The Edge: On another note, the group said it intends to declare dividends on a quarterly basis so as to reward shareholders on a more consistent manner.

Posted by RRP7623 > 2020-08-12 08:08 | Report Abuse

Hold it tight! New announcement coming . My TP 0.60

Posted by Khairul Azuan > 2020-08-12 08:49 | Report Abuse

RRP7623..Thank you for the info...

Posted by tasas > 2020-08-12 09:32 | Report Abuse

Bus will stop if you naik bus

Posted by tasas > 2020-08-12 09:37 | Report Abuse

Naik bus free dividen. Thank you

Posted by pamie > 2020-08-12 09:46 | Report Abuse

Erk. Drop a lot. Few days back reached 33cents. Many people said will break to 35cents. But today drop.

Few days, there are multiple announcements mention Directors did transaction. Not sure what it means by transaction.

Posted by HappY InVest (=^x^=) > 2020-08-12 09:50 | Report Abuse

semua orang takot, panic selling, ini mesti salah najib, kan?

Posted by Stephen Baster > 2020-08-12 10:06 | Report Abuse

vaccine out people still need to take bus what, more people will eat at Terminal Kampar etc should be good news?