Posted by Johnchew5 > 2023-02-22 08:32 |

Post removed.Why?

Posted by share4u888 > 2023-02-22 09:09 | Report Abuse

consumer stock, especially food related counter is the most anti-recession counter. No matter how recession we are, human beings still need foods.

Based on the last quarter revenue of RM125mil and x 4 ( assuming no expansion at all the whole year ), we are getting RM500mil revenue per year. At 11% profit margin that will be 55mil profit for whole year. which is equivalent to 10sen EPS. At current price the forward PE is only 6x.

Posted by share4u888 > 2023-02-22 09:11 | Report Abuse

Moreover, if we add up the expansion ( MyLaut which is already in progress ), and Foods Road show at happened at different country. The company did went for road show at Singapore, Vietnam...etc to explore opportunities at different countries...... I believe this is a counter can above RM1 easily.

Posted by share4u888 > 2023-02-22 09:13 | Report Abuse

When recession come, ppls will spend the money on foods first, instead on gadget. This is why tech counter is dropping but foods counter is rising.

Posted by share4u888 > 2023-02-22 09:15 | Report Abuse

Ignore the construction counter, property counter, technology counter. Focus on Foods counter and maybe some good industrial counter ( that depends on export ).

Posted by Johnchew5 > 2023-02-22 09:40 |

Post removed.Why?

Posted by Johnchew5 > 2023-02-22 09:47 |

Post removed.Why?

Posted by Johnchew5 > 2023-02-22 11:22 |

Post removed.Why?

Posted by nicholas99 > 2023-02-22 12:48 | Report Abuse

tech winter is coming. but dont know frozen seafood can or not. scare budget not nice. come out anwar press manufacturer reduce price.

Posted by nicholas99 > 2023-02-22 12:49 | Report Abuse

in recession. everything will drop.

Posted by share4u888 > 2023-02-22 13:40 | Report Abuse

@Go lucky Happy, you see the price is dropping from 0.68 until 0.58. I see another way round, its price is picking up from 0.39 until 0.58 already.

Posted by share4u888 > 2023-02-22 13:51 | Report Abuse

from 0.58 to 0.9, it is another bumpy road to go. But if u hold tight, u will reach the destination.

Posted by Johnchew5 > 2023-02-22 15:09 | Report Abuse

At an issue price of 36 sen apiece, PT Resources aimed to raise up to RM48.6 million from the issuance of the 135 million new shares under the IPO.

The group said it has earmarked RM17.64 million to build a new cold storage warehouse, ring-fenced RM27.18 million for working capital — specifically the purchase of raw materials, which mainly comprise fresh and frozen seafood and meat products — and allocated the remaining RM3.79 million to defray estimated listed expenses.

According to the IPO prospectus, PT Resources’ profit after tax for the financial year ended April 30, 2022 (FY22) stood at RM21.11 million, compared with RM16.06 million in FY21, RM12.23 million in FY20, and RM15.23 million in FY19.

Revenue totalled RM349.14 million in FY22, RM186.45 million in FY21, RM161.31 million in FY20, and RM116.4 million in FY19.

Posted by Johnchew5 > 2023-02-22 15:17 | Report Abuse

Oh issue price of 36 sen …

Posted by Johnchew5 > 2023-02-22 15:32 | Report Abuse

Does Malaysia import seafood?
Malaysia Imports of Meat, fish and seafood preparations was US$173.2 Million during 2021, according to the United Nations COMTRADE database on international trade.

Posted by Johnchew5 > 2023-02-22 15:48 |

Post removed.Why?

Posted by Johnchew5 > 2023-02-22 15:52 |

Post removed.Why?

Posted by Phoebe > 2023-02-22 15:55 | Report Abuse

I chuckle when i see some comment here. Quite naive.

Posted by Johnchew5 > 2023-02-22 15:57 |

Post removed.Why?

Posted by sammyramon > 2023-02-22 15:59 | Report Abuse

Suppot is very weak, at any time will leak so fast....like a landslide

Posted by Johnchew5 > 2023-02-22 16:00 |

Post removed.Why?

Posted by Johnchew5 > 2023-02-22 16:07 |

Post removed.Why?

Posted by Phoebe > 2023-02-22 16:08 | Report Abuse

I use to be quite active in I3.....but nah.......nowsday here to collect useful information.
Well, let me know when your Mr. Kampung 123 do RM125M in sales /quarter and we can b*tch about PTRB. As for now, I park to buy another batch at 55c. @^_^@ meow.

Posted by Johnchew5 > 2023-02-22 16:09 |

Post removed.Why?

Posted by nicholas99 > 2023-02-22 16:10 | Report Abuse

if most are collected at 0.36 then confirm will have strong selling force

Posted by Johnchew5 > 2023-02-22 16:11 |

Post removed.Why?

Posted by Johnchew5 > 2023-02-22 16:14 | Report Abuse

1) Malaysia Imports of Meat, fish and seafood preparations was US$173.2 Million during 2021, according to the United Nations COMTRADE database on international trade.

2) Revenue totalled RM349.14 million in FY22, RM186.45 million in FY21, RM161.31 million in FY20, and RM116.4 million in FY19.

Posted by Phoebe > 2023-02-22 16:16 | Report Abuse

If barking like a mad dog can earn money, maybe I might consider too......on 2nd thought....nah!!!!!
cya......go shopping......

Posted by Johnchew5 > 2023-02-22 16:16 |

Post removed.Why?

Posted by Johnchew5 > 2023-02-22 16:19 |

Post removed.Why?

Posted by Johnchew5 > 2023-02-22 16:20 |

Post removed.Why?

Posted by Johnchew5 > 2023-02-22 16:21 |

Post removed.Why?

Posted by Huangbk72 > 2023-02-22 16:56 | Report Abuse

Simple question.

Ask any Malaysia seafood processor Owners, do they know PTRB bosses?

Frankly most if not all don’t know.

Why? Seafood circle is small, everyone knows everyone if been in business long.

Hint: call QL or Oceanfresh in Kuantan.

Posted by sasword > 2023-02-22 17:02 |

Post removed.Why?

Posted by Johnchew5 > 2023-02-23 09:14 |

Post removed.Why?

Posted by Phoebe > 2023-02-23 09:33 | Report Abuse

Can't agree with you all more. Please sell it all the way down to 55c.

Posted by berfikir > 2023-02-23 10:11 | Report Abuse

pecah 600...fly

Posted by berfikir > 2023-02-23 11:20 | Report Abuse

sudah pecah.....ini kali lah

Posted by Michael Kwok > 2023-02-23 12:25 | Report Abuse

Buy call ptrb 60
Cut loss 55cents
Tp 80 cents range
Expect some 5-10 percent along the upward
23/2/23 12.25pm

Posted by berfikir > 2023-02-23 14:33 | Report Abuse

cun michael kwok

Posted by joyvest > 2023-02-23 14:44 | Report Abuse

Frozen seafoods is readily and easily imported and exported unlike import and export of fresh and live seafoods which require stringent packings and timely delivery. Frozen food is a trend now.

Posted by Stocker > 2023-02-23 14:47 | Report Abuse

raise again wuhoo～

Posted by sammyramon > 2023-02-23 15:02 | Report Abuse

park at 0.50 til next week...pretty sure when KLCI index touch 1400 points...

Posted by Johnchew5 > 2023-02-23 15:38 |

Post removed.Why?

Posted by Johnchew5 > 2023-02-23 15:39 |

Post removed.Why?

Posted by Johnchew5 > 2023-02-23 15:48 |

Post removed.Why?

Posted by Johnchew5 > 2023-02-23 16:23 |

Post removed.Why?

Posted by Phoebe > 2023-02-24 07:19 | Report Abuse

Why up? Naysayer says until so bad, should down all the way to 55c and even more.

Posted by Johnchew5 > 2023-02-24 19:31 | Report Abuse

Michael Kwok
Btm buy call 10 cents
Tp 14-15 cents
6/1/223 1.08pm
1 month ago

Posted by share4u888 > 2023-02-27 09:11 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3331204