Posted by tksw > 2022-02-22 16:42 | Report Abuse

ppl keep selling at 625...

Posted by firehawk > 2022-02-22 21:57 | Report Abuse

Net Profit:
QoQ -7.05%
YoY -3.81%

Posted by trader808 > 2022-02-22 22:53 | Report Abuse

All is not lost.
On a full year 12 months basis, the revenue of Ptrans increased from 119m to 138m and the profit after tax increased from 41.8m to 53.2m. Therefore, the percentage increase for the revenue and profitability is 15.9% and 27.2% respectively. Ptrans has not only been able to withstand the severely challenging and damaging operating business environment in the midst of pandemic but has successfully triumph over it. The number says it all. The management and its team is truly remarkable and commendable.

For the 12 months in 2021, Ptrans has generated an insane amount of Rm105m net cash from operation. That is an increase of 84% from the net cash of 57m generated in 2020. The cash generated internally is almost sufficient to build an integrated public transportation terminal.

The cash and bank balance has increased from 22m to 80.6m. The company is in a sound and healthy position to meet its working capital requirements and has sufficient cash to consistently pay quarterly dividend.

In conclusion Ptrans is company that has
1, excellent team of management
2. consistently generate earning and earning growth for 5 successive years
3 pay quarterly dividend
4 generate enormous net cash from operation. 105m (2021) and 57m (2020)
5 at 62sen it is trading at a low PE of 7.5x
6 being fully integrated , it has a competitive advantage.
7 excellent growth prospects. Now it owns and operates two 2 IPTT , a third one is under construction and another one in the planning.
8 new revenue and management fees from new terminal management contracts

Posted by mindful > 2022-02-23 06:13 | Report Abuse

Someone should push management to hike dividend as this will attract more investors and reward existing. This talks louder than giving many updates through various brokers and investment clubs. No to say giving update through broker should be scrapped if it does hike though.

Posted by tksw > 2022-02-23 09:24 | Report Abuse

Tok what oso no use. Price drop.

Posted by Simon Lai > 2022-02-23 09:37 | Report Abuse

This quarter is without project facilitation fees and this is mitigated by higher rental from logistics leasing which is more sustainable and good for the company. This clear the worry of some investor on the company relying on project facilitation fees. The rental income will be keep increasing and profit growth is more clearer and sustainable. Well done to the Management

Posted by tksw > 2022-02-23 09:39 | Report Abuse

Ppl scared. Run tickets.

Posted by tksw > 2022-02-23 09:51 | Report Abuse

Simon lai sifu, no project facilities fee + covid so high oso the company is doing so well. It's a point.

Posted by mita29 > 2022-02-23 09:51 | Report Abuse

Got sharks put 2.2 million sell Q on 0.62 to scare ppl, lololol.

Posted by tksw > 2022-02-23 10:00 | Report Abuse

4rh Feb announce dato bot a little bit. By thst5 time dato sure know about6 no project facilities fees this quarter. I think he3 knew it long long ago.

Posted by moneySIFU > 2022-02-23 10:02 | Report Abuse

Fully agreed to Simon, well said.

Personally i was worried too on what’s the impact of this secretive project facilitation fee and think that’s the main reason market has held back & reserved for Ptrans.

With now fully Replacement with sustainable rental income and all I want to say is: well done to the management

I look forward to higher occupancy on the Kampar terminal following the better economy recovery.

———————-

Simon Lai This quarter is without project facilitation fees and this is mitigated by higher rental from logistics leasing which is more sustainable and good for the company. This clear the worry of some investor on the company relying on project facilitation fees. The rental income will be keep increasing and profit growth is more clearer and sustainable. Well done to the Management
23/02/2022 9:37 AM

Posted by tksw > 2022-02-23 10:03 | Report Abuse

Mita sifu, a lot ppl cut loss....

Posted by tksw > 2022-02-23 10:04 | Report Abuse

60 sen oso got ppl throw. Got to see can rebiund or not oni buy.

Posted by tksw > 2022-02-23 10:09 | Report Abuse

Lsdt6 few days pricr5 keep touching 630, even 635, ppl tot maybe good results and Q buy 625. Now big block at 620...and kena throw to 600 Die kiaw kiaw if play contra

Posted by tksw > 2022-02-23 10:18 | Report Abuse

Last few days oso minibus tickets price3 stood at 155 160. Now still no see celi5 panic ....

Posted by tksw > 2022-02-23 10:19 | Report Abuse

Msy be no body took the bait.

Posted by tksw > 2022-02-23 10:47 | Report Abuse

Value investor sifu, results drop wor, the investrors kasi throw tickets. Let's see what the management say tonight....

___________

value_investor77 Dear all, I extracted the following information from Rakuten's telegram group. This coming Wednesday, Rakuten, followed by the Executive Director and CFO of PTRANS will conduct a webinar concerned with the Q4 2021 Results Review, and the overall business update of PTRANS. Hence, we can expect the Q4 2021 results to be out as soon as tomorrow or on Wednesday itself. It is vastly exciting to have a webinar on the fundamentals of the company. As investors, we should have confidence that PTRANS will report good results. I hope to see PTRANS announcing more new projects, and securing more third party terminal management contracts.

Posted by tksw > 2022-02-23 10:53 | Report Abuse

Wow! Big kaki selling 605

Posted by tksw > 2022-02-23 10:56 | Report Abuse

600 gone, scarry.

Posted by tksw > 2022-02-23 11:04 | Report Abuse

Tempye5 to buy some ... 595 600 not bad the price

Posted by tksw > 2022-02-23 11:08 | Report Abuse

Maybe see what the mamagment will say in webinar first.. and thsn5 wait3 see how the investors react the next day. ....

Posted by cheeseburger > 2022-02-23 11:08 | Report Abuse

collect at 60c

Posted by tksw > 2022-02-23 11:21 | Report Abuse

Aiyo...kenot get 600 oereidi....

Posted by trader808 > 2022-02-23 11:32 | Report Abuse

Today is the day for the smart and responsive management of Ptrans to act and take the appropriate action. The share price is undervalued and trading at low PE and falling despite its record year of profit performance.

The company has 645m shares and 82m cash and bank balance. It can contemplate to implement a share buyback of 2.0% or about 12.8m shares gradually and progressively to take out the weak holders by ultilizing 10% of the cash or 8.2m.

Going forward and for the subsequent quarters the company may choose to announce a dividend in spices to conserve the cash for current projects development.

Posted by value_investor77 > 2022-02-23 11:39 | Report Abuse

Dear tksw, we should not be worried about the latest quarterly results. Looking at the net profit achieved annually, it has been increasing each and every year. This will further be sustained by the higher rental income received from tenants as said by Simon Lai. Once the third terminal in Bidor Sentral commence operations, rental income will be even higher.

Again, I believe that PTRANS is a long-term investment stock. Those investors that "kasi throw tickets" because of this quarter's results are known as Mr Market. Mr Market, as described by Benjamin Graham, is an investor who is driven by emotions such as panic an euphoria, who does not trust in the fundamentals of a company. Like KC Chong said, "Mr Market is a crazy guy". Quoting words from Warren Buffet, "Be fearful when others are greedy, and greedy when others are fearful".

Posted by tksw > 2022-02-23 12:35 | Report Abuse

Tq
Value investor sifu, I am waiting to buy... 600 oso I still wait.....

Posted by tksw > 2022-02-23 12:41 | Report Abuse

See got ppl keep throwing, but veli good this time no project facilities fee for ppl to doubt. No lock down is better than lock down for bus terminal, fuel and rental income so k

Now only need to see price to buy. See chesp5 cheap kasi bili sikit, dont know how low ppl willi throw

Posted by tksw > 2022-02-23 12:49 | Report Abuse

If tonight the manamgment say the projext facilitation is still going on, and no billing is only because of timing of billing, then better. No more also no worries just treat it as a windfall...

Posted by tksw > 2022-02-23 16:22 | Report Abuse

really got to wait...

Posted by firehawk > 2022-02-23 16:24 | Report Abuse

0.59 :o

Posted by tksw > 2022-02-23 16:28 | Report Abuse

funny, warrant drop a bit oni,

Posted by moneySIFU > 2022-02-23 17:48 | Report Abuse

Another target: Alor Setar

Disclosed in the briefing by Management
https://klse.i3investor.com/servlets/ptres/61973.jsp
The vast opportunities to replicate this successful business model. Already, it has at least 3 more projects in the pipeline in Bidor, Tronoh and Alor Setar.

Posted by moneySIFU > 2022-02-23 17:50 | Report Abuse

managed to add little @ 0.595, see if can add more tomorrow

Posted by moneySIFU > 2022-02-23 18:02 | Report Abuse

It is positive move by the Management to engage Investor Relations Adviser and have press release.

https://cdn1.i3investor.com/my/files/dfgs88n/2022/02/22/1539170141--517681710.pdf

Posted by tksw > 2022-02-23 18:19 | Report Abuse

nice move, money sifu.

Posted by tksw > 2022-02-23 18:23 | Report Abuse

really like what I guessed.... zero project facilitation fee due to timing of billings....

Posted by tksw > 2022-02-23 18:24 | Report Abuse

today volume, only big boys can buy sell like that...

Posted by trader808 > 2022-02-23 19:48 | Report Abuse

The adverse opinion report was initiated by kenaga following the result announcement yesterday. Incidentally Kenaga growth fund is holding about 11.4m shares. Today's abnormal volumn and sell down could be from the fund. Once this is taken out and shares changed hand, the price will stabilize and more reflective of its earnings and PE multiple and net cash flow from operation.
The perception and target price issued by PBB and AmInvest and Kenaga are vastly different.
ignore the noise and focus on fundamental.

Posted by JTleong > 2022-02-23 19:50 | Report Abuse

Next Qr we will most probably seeing a better profit due to the amount added into from project facilitation.
Force sell down is a good opportunity to collect cheap good fundamental company

Posted by tksw > 2022-02-24 09:04 | Report Abuse

Nobody want to buy...

Posted by tksw > 2022-02-24 09:07 | Report Abuse

Dato yesterday announced bot 665k units...

Posted by mita29 > 2022-02-24 09:23 | Report Abuse

No big sharks panic sell is already good in this market condition. lololol big boss big support yesterday to give confidence boost.

Posted by cheeseburger > 2022-02-24 09:31 | Report Abuse

60c is the strong support.

Posted by tksw > 2022-02-24 10:07 | Report Abuse

where got 60 support, price 590-595 now...

Posted by tksw > 2022-02-24 10:08 | Report Abuse

cheeseburgur sifu, your support broken... want to cut loss liao...

Posted by tksw > 2022-02-24 10:09 | Report Abuse

590 oso die.

Posted by tksw > 2022-02-24 10:10 | Report Abuse

when price goes down, everybody wanna sell..

Posted by tksw > 2022-02-24 10:11 | Report Abuse

what fun-the-matter oso no use...

Posted by tksw > 2022-02-24 10:19 | Report Abuse

got ppl try buy at 590 ...

Posted by cheeseburger > 2022-02-24 11:01 | Report Abuse

no need panic. It will rebound.