hansolo2 all your noice. You want to buy so you said nagative to scare the buyers n those already bought to sell down for you to buy. Today only second day of trading after IPO. Profit take is nominal.
It won't be like AAX...that losing biz, Ptrans making money.....I have to agreed with hansolo.....Perak does not offer good growths potential. We buy stock because its future potential.....not so much their current performance. But don't write them off.....the operator terror......except if.... Elvis has left the building!
Agree. 30 years when no North South highway people use to go to Perak towns for stop over like Ipoh, Kampar, Bidor, KK, Taiping when travel from north and vice versa. Now no need because highway mean can reach KL same day so petrol station and hotel business are affected. As for UTAR now more states have their own universities so less to join UTAR so bus business will be affected.
Posted by hansolo2 > Oct 7, 2016 01:24 PM | Report Abuse don;t put too high hope on this ipoh mali stock. Dead town. Not much progress since the last 20 years. Still the same old town.
well, the difference here is that the taiping omnibus business was closed down but ptrans has been making profits over the few years till it is listed.
2013 news??? Is it reliable to relate that news with the current situation of ptrans? I think you should extract out all the news from 2000-2016 in order scare ppl with strong negative point..
Whenever I see any MyBas from Perak Transit, it often carry few passengers only, regardless morning, noon, evening or night...
Group’s revenue are mainly derived from: (a) Integrated public transportation terminal operations; i. Rental of advertising and promotional (“A&P”) spaces; ii. Rental of shops and kiosks iii. Project facilitation fee; and iv. Others such as bus and taxi entrance fee and fee imposed for the usage of the basement car park and lavatory.
(b) Providing public stage bus and express bus services and bus charter services; and
(c) Petrol stations operations and the management of ADO incentive programme.
From my observation, cost of bus services such as driver wage, fuels, and maintenance are very high, if passengers not much, definitely is making loss...
not sure why i3 removes my post above.. not so independent after all.. anyway do u know that the government subsidizes perak transit by the km serviced?? the bus still jalan even there is no passenger. how do u think there are still so many bus operators in small town? do you think without government help they can survive
u all rly. prospectus also havent read come here smart alek. tax subsidy, km subsidy so many subsidy. public trsnsport n bus terminals r public amenities. all these government projects la
Woww now hansolo put his strong effort to find any info to scare ppl in i3.. Even find it in tripadvisor.com.. What a bad ppl like this.. Always want to find negative way..
Based on your negative points, you shouldnt buy even it drop below the IPO price.. Why suddenly you say you like to buy below IPO price after you have doubt with it before.. If it drop below IPO price I believe this stock will in stagnant mode for long long time.. Unless someone want to goreng this stock..
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Posted by Pavillion > 2016-10-07 09:49 | Report Abuse
Zoombie onboard.....bus to busan
But Anzo operator terror...maybe they can pull the magic....like so many other stock.