this stocks sangkut with sentiment because COVID 19. Normal trader/investor may think COVID 19 may kill the business...but PTRANS keep on proving they are against the tide..
But will take time for sentiment to improve...sabar lagi..my other retail stock few also sangkut same problem ..QR very good but price barely move..
For time being the price getting cheaper and PE getting good..good to top up..
1. Public Bus Services 2. Integrated Public Transportation Terminal (IPTT) 3. Petrol Stations
1QFY2021 Quarterly Performance: Revenue - RM35.45M, 19.25% YoY Net Profit - RM13.40M, 55.64% YoY Interim Dividend - 0.8 Sen per share
Key Investment Highlights:
1. Mild MCO Effect: Locked-in incomes from IPTT segment (advertising and promotional income & project facilitation fees)
2. Potential New Contracts: Continues to talk to third-party bus terminals for new terminal management contracts
3. Transformation of Idle Spaces to Logistics Hub Exploring to utilise the idle spaces at its existing terminals
4. Growth Drivers: Higher Kampar Putra Sentral utilisation & development of Terminal Bidor
5. New Revenue Stream: Kampar Putra Sentral (Commenced in September 2020)
Analysts' target price on Perak Transit Berhad: AmInvestment Bank - RM1.21 Public Investment Bank - RM 1.16 Kenanga - RM1.15 TA Securities - RM1.04 Affin Hwang Capital - RM0.93
tksw sifu and all, long time no see no hear! still holding but now a bit passive....just collecting dividend! Ya, profit down a bit...But no complain.... ppl suffering, consider myself lucky so far....so now looking at others like Kanger, cos we need more vaccines!
From the 2020 Annual Report: "Despite the Covid-19 pandemic, the Group still managed to generate higher income from its project facilitation to its major customer and higher rental income from the leasing of advertising and promotional spaces at Kampar Putra Sentral in September 2020 after receiving the full Certificate of Completion and Compliance."
project facilitation (PFF) TO ITS MAJOR CUSTOMER. Which customer are they talking about? Anyone knows?
I just wondering, during this pandemic time, who is going to take bus at Kampar Sentral? And interestingly, higher rental income?? Who will advertise their products/services at this Sentral where the passenger volume is so low? Really got no idea....
Papayashot, i think u need to go deep dive to understand their business model. For the state bus transit, it is subsidy by central government, which calculate by mileage claim, if the bus operate. It also mean, is a confirmed earn business, if the bus operate. Yes, it might be affected abit, due to lockdown (mean maybe the no of trips affected, but not much big affected)
For the merchant that rent the space at bus terminal, so far not much discount that offered by ptrans to them, info from the management.
For the ads space, that contributed. Ptrans not direct deal with brand owner, which they only deal with advertising agencies, that signed yearly contract. it also mean a confirmed profit, no traffic in the terminal, the agencies, still have to pay to the Ptrans as per contract. Ptrans have renewed the 2021 contract by January 2021, so, for 2021, ads revenue and profit, safely secured.
I see thanks Jeff7. It rented out to agencies via fixed contract ya.. Wondering whether this agent will continue with their contract in subsequent years. Personally speaking, I lived nearby. It seems to me that their bus terminals are not that happening... My personal feeling.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
tksw
12,455 posts
Posted by tksw > 2021-05-11 09:12 | Report Abuse
habis station 700... wait hancur...