Posted by moneySIFU > 2022-05-12 14:29 | Report Abuse

First, Price will definitely up intandem with the % increase in profit, if not immediately but surely later.

Second, the valuation may increase if the company has delivered improved & sustainable results, and a better future is certained. Say, PE will increase.

So I call it double motivating revision by Mr Market.

Posted by moneySIFU > 2022-05-12 14:30 | Report Abuse

I hope the management will deliver better results every quarter and Mr Market will surely react positively accordingly.

Posted by moneySIFU > 2022-05-12 14:40 | Report Abuse

Thanks for sharing, 4ever5

Posted by TreeTopView > 2022-05-12 14:44 | Report Abuse

The 1 million+ that was for sale at 68.5 got hammered with one buy..........perhaps the MD hasn't finished buying yet?

Posted by moneySIFU > 2022-05-12 14:45 | Report Abuse

The buying momentum is very strong, 10,000 lots almost cleared within an hour

Posted by moneySIFU > 2022-05-12 14:46 | Report Abuse

The price movement this round has been slow and solid

Posted by moneySIFU > 2022-05-12 14:48 | Report Abuse

haha, TreeTopView is also watching

Posted by TreeTopView > 2022-05-12 14:49 | Report Abuse

moneySIFU, that's the way I like it, nice and slow and steady.
Thankfully no pump and dump merchants on this thread........well, apart from maybe one.

Posted by TreeTopView > 2022-05-12 16:30 | Report Abuse

Currently the KLCI has dropped around 13 points since the lunchtime close, which has taken the wind out of the sails of many stocks this afternoon, including PTrans.
It had the look of taking on 69 cents with the 1 million+ single purchase at 68.5 prior to that, then the market started to drop........ho hum, have to wait for another day :)

Posted by TreeTopView > 2022-05-13 11:41 | Report Abuse

Nice to see PTrans back on track after yesterday afternoon's KLCI kick in the gonads.

Posted by kimpau > 2022-05-13 11:47 | Report Abuse

PTRANS RM0.82, then RM0.99!!
PTRANS-WB RM0.25 then RM0.38 !!!

Posted by kimpau > 2022-05-13 11:48 | Report Abuse

stay tuned!!!

Posted by kimpau > 2022-05-13 11:49 | Report Abuse

0.61 1.16 +0.55 (90.16%) TRADING BUY PUBLIC BANK
0.61 1.09 +0.48 (78.69%) BUY AmInvest

Posted by cheeseburger > 2022-05-13 11:59 | Report Abuse

the party just started, hold tight your bus ticket!!!

Posted by TreeTopView > 2022-05-14 11:44 | Report Abuse

On Thursday morning I posted.......

Posted by TreeTopView > 2 days ago | Report Abuse
I've taken a quick look at the chart and technically it looks like it might take on 68.5/69, then perhaps a slight pullback for consolidation.

***************************************************************************
To follow on from that post.......
It did take out the 68.5 level on Thursday afternoon, however it was dampened by a bit of an afternoon sell off on the KLCI.. However, Friday delivered on my chart prediction fortunately.

Looking ahead to the next week or so, I did a couple of Fibonacci calcs and came up with the following.
Depending on the input figures, I came up with immediate short term targets of 70.5 and 72.5/73.

We should also see the quarterly released sometime within the next two weeks, so that may also have an effect on the price, either very marginally positive or negative but I don't expect it to have any major shocks attached to it.

All the best.

Posted by shavemyfurm > 2022-05-17 01:57 | Report Abuse

Still can goreng up ?

Posted by TreeTopView > 2022-05-17 20:13 | Report Abuse

And another 570,000 purchased by the MD at 69.7 cents.
That should take his purchases to around 5 5 million in the past month

Posted by Ong Kean Hoong > 2022-05-17 21:59 | Report Abuse

Boss will just happily take dividend year by year, thats RM6 mils

Posted by kimpau > 2022-05-18 09:36 | Report Abuse

2022-05-17

Insider

DATIN SRI LIM SOW KENG (a substantial shareholder) acquired 570,000 shares on 17-May-2022.

2022-05-17

Insider

DATO' SRI CHEONG KONG FITT (a substantial shareholder) acquired 570,000 shares on 17-May-2022.

2022-05-17

Insider

DATO' SRI CHEONG KONG FITT (a company director) acquired 570,000 shares at 0.697 on 17-May-2022.

Posted by kimpau > 2022-05-18 09:36 | Report Abuse

PTRANS RM0.82, then RM0.99!!
PTRANS-WB RM0.25 then RM0.38 !!!

Posted by wolf515 > 2022-05-18 15:24 | Report Abuse

I just sell all my bus tickets on 0.70 , bye....

Posted by Aimanxkesah > 2022-05-18 15:48 | Report Abuse

congratz sir wolf515

Posted by kimpau > 2022-05-18 19:20 | Report Abuse

congrats to wolf515!!

For those that still in this speedy bus, let's vroom vroom to the moon!!!!

Posted by kimpau > 2022-05-18 19:20 | Report Abuse

stay tuned!!! insider news!!! powerful and fantastic!!!

Posted by bojed > 2022-05-19 12:52 | Report Abuse

Come on sikit lagi 52W high!!!!

Posted by SorosMalaya > 2022-05-19 16:10 | Report Abuse

makin tinggi makin gayat ahahaha

Posted by shavemyfurm > 2022-05-19 16:33 | Report Abuse

Peraaaaaakkkk Transsittt... bimmmm bim, get in the bus

Posted by hoot9eonly > 2022-05-20 11:07 | Report Abuse

One of the best stock in this year.

Posted by steven rt > 2022-05-20 11:36 | Report Abuse

any idea when QR out?

Posted by TreeTopView > 2022-05-20 11:42 | Report Abuse

steven rt, no exact date specified, however I'd expect it to be out sometime next week.

Posted by chok sharon > 2022-05-20 12:20 | Report Abuse

what do you expect the QR?

Posted by danchong > 2022-05-20 12:28 | Report Abuse

AGM at 9am on Monday. Usually, the directors will meet on the same day & announce QR in the evening.

Posted by TreeTopView > 2022-05-20 20:00 | Report Abuse

Thanks, Dan.

Posted by TreeTopView > 2022-05-21 11:39 | Report Abuse

I'll be keen to see what the quarterly results deliver in the upcoming week. I'm not expecting any major shocks to the upside or downside and hope that it can at least remain inline with the previous four quarters at a minimum.
If MD sentiment is anything to go by, with his continual buying up to 70 cents then we should be reasonably "safe".

With this past week's 4 day trading week, the current price has been well supported and has included a fair bit of buying at 70 and 70.5 during a volatile overall market. Technically, I mentioned last weekend that 70.5 was a target, this still remains a breakout point leading towards 72.5/73. Although 70.5 was hit during the week, it currently appears to be consolidating before any move forward.

The quarterly may or may not help with the immediate short term targets. Fingers crossed :)

Posted by chok sharon > 2022-05-21 20:01 | Report Abuse

Interstate travel has been allowed since the beginning of this year! so the quarter report might be improved drastically compared to the previous qr!
am I right?

Posted by JTleong > 2022-05-21 22:11 | Report Abuse

Expecting new high in QR due to project facilitation fees

Posted by 4ever5 > 2022-05-22 23:49 | Report Abuse

Hi Chok, interstate travel open might not be signficant impact to Ptrans , just as Ptrans revenue does not been impacted due to Covid lockdown previously. But JTleong has just pointed out the reason that the QR possibly break new high because there will be PFF. For this coming quarter, as an investor, lets focus on the prospect and business plan are still intact, then it is the best answer to investor.

Posted by TreeTopView > 2022-05-23 08:56 | Report Abuse

4ever5 , I agree with your post, in particular your comments about prospects and their business plan remaining intact. Their annual year on year revenue has consistently grown since listing in 2016, along with annual profit and margins. The only slight blip was revenue in 2020 due to Covid lockdowns,however they were still able to grow their profit that year.

Quarterly reports can sometimes be a bit "foggy" as they only relate to a three month period and may include some anomalies that don't eventually damage the overall annual business development. With that in mind, although I always scrutinise any quarterly of a company I own, unless their are any major issues or discrepancies I generally don't use them as a selling indicator.
As I've mentioned before, I'm not expecting any major shocks in the upcoming Perak Transit quarterly.

I hope I'm right :)

Posted by kimpau > 2022-05-23 08:57 | Report Abuse

ho ho ho something bombastic going to be disclosed!!! stay tuned!!!

Posted by hoot9eonly > 2022-05-23 11:49 | Report Abuse

Apa tu

Posted by software guy > 2022-05-23 12:41 | Report Abuse

https://twitter.com/JJ39132147/status/1528595795586727936?s=20&t=WVkFVi0lSi3aNqyvlC3M2A

Posted by cheeseburger > 2022-05-23 13:04 | Report Abuse

Good news.

Posted by kimpau > 2022-05-23 13:38 | Report Abuse

PTRANS RM0.82, then RM0.99!!
PTRANS-WB RM0.25 then RM0.38 !!!

Posted by TreeTopView > 2022-05-23 14:42 | Report Abuse

Did anyone attend the online General Meeting this morning?
It seems to have had a very positive effect on the price and volume.

Posted by steven rt > 2022-05-23 15:00 | Report Abuse

QR out?

Posted by TreeTopView > 2022-05-23 15:02 | Report Abuse

Nope

Posted by danchong > 2022-05-23 15:56 | Report Abuse

I did attend the AGM. Nothing special. QR should be this evening

Posted by danchong > 2022-05-23 15:57 | Report Abuse

Expecting around 16m in profit

Posted by TreeTopView > 2022-05-23 16:03 | Report Abuse

Dan, is the Rm16 mill. your guesstimate, or was there any indications of that at the GM?

Posted by JTleong > 2022-05-23 16:04 | Report Abuse

16mil is already New High