PT RESOURCES HOLDINGS BERHAD

KLSE (MYR): PTRB (0260)

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Last Price

0.52

Today's Change

0.00 (0.00%)

Day's Change

0.515 - 0.525

Trading Volume

814,600


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1,261 comment(s). Last comment by Income 2 days ago

Stocker

1,473 posts

Posted by Stocker > 2023-06-26 09:34 | Report Abuse

gogogo dun play play good QR

Stocker

1,473 posts

Posted by Stocker > 2023-06-26 09:50 | Report Abuse

Congratz to all holders

Stocker

1,473 posts

Posted by Stocker > 2023-06-26 09:50 | Report Abuse

0.5

faridfet

476 posts

Posted by faridfet > 2023-06-26 10:04 | Report Abuse

kaw kaw

Stocker

1,473 posts

Posted by Stocker > 2023-06-26 10:11 | Report Abuse

Gogogo LU~

Phoebe

405 posts

Posted by Phoebe > 2023-06-26 12:34 | Report Abuse

Superb..... @^_^@ meow....

curiousq

751 posts

Posted by curiousq > 2023-06-26 15:18 | Report Abuse

steady bombibi

maxmax

320 posts

Posted by maxmax > 2023-06-26 15:25 | Report Abuse

Careful ...always trap

Stocker

1,473 posts

Posted by Stocker > 2023-06-26 21:06 | Report Abuse

Today trading god volume besok another rally

enshrouded

109 posts

Posted by enshrouded > 2023-06-27 08:51 | Report Abuse

goreng until 0.6

Stocker

1,473 posts

Posted by Stocker > 2023-06-28 09:09 | Report Abuse

gogogo

Tibbers

561 posts

Posted by Tibbers > 2023-06-28 09:28 | Report Abuse

0.65 otw

Phoebe

405 posts

Posted by Phoebe > 2023-06-28 10:11 | Report Abuse

superb.....this counter has turn profit for me.....

Tango123

52 posts

Posted by Tango123 > 2023-06-28 11:34 | Report Abuse

From the buying frenzy, 4QR profit likely to be better than last quarter. Price expected to be uptrend.

Posted by heets5375 > 2023-06-28 12:27 | Report Abuse

Record annual profit this year with distribution???

curiousq

751 posts

Posted by curiousq > 2023-06-28 14:46 | Report Abuse

OMG!! what happens? going to announce unexpected result?

pang72

47,301 posts

Posted by pang72 > 2023-06-28 20:09 | Report Abuse

Eeerrrm....
Maybe got seafood offer... Lobster, prawn XXL size..

share4u888

101 posts

Posted by share4u888 > 2023-06-28 23:27 | Report Abuse

big boss throw and run....Gg liao

Hoho22

184 posts

Posted by Hoho22 > 2023-06-29 09:07 | Report Abuse

It’s normal to sell a tiny fraction of shares.

pang72

47,301 posts

Posted by pang72 > 2023-06-29 09:44 | Report Abuse

Boss wanna bought new car maybe

pang72

47,301 posts

Posted by pang72 > 2023-06-29 17:50 | Report Abuse

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FirstTake
6/27/2023 12:13 AM
PT Resources faces short term challenges but poised to benefit from rising demand




It has been an impressive ride for frozen seafood products processor and trader PT Resources Holdings Bhd.



Over the past year, its share price has gone up 40.5% to 52 sen on June 26 but still shy from its 52-week high of 68 sen seen in February this year.



The counter rallied to the 52-week high before the company announced its proposed collaboration with Ocean Exchange (Fujian) Foreign Trade Services Co Ltd for the joint development of an International Supply Chain Intelligent Park in Kuantan.



According to reports, the project is estimated to be worth RMB1.56 bil (about RM1 bil).



The project is intended to drive the development of food and light industries supply-chain between Malaysia and Fuzhou with the aim of rapidly achieving currency internationalisation between the two countries.



The International Supply Chain Intelligent Park will have integrated cold chain facilities to facilitate cross-border supply of consumer food.



They plan to build a digital financial platform utilising the UnionPay network to streamline and facilitate effortless cross-border payments and settlements between the International Supply Chain Intelligent Park and Fuzhou Park.



The project also aims to boost the trade between the Malaysian seafood wholesale market and China through digital transformation, whilst collaborations with cold chain logistics companies will be initiated to facilitate an integrated logistics supply chain.



PT Resources sells its products domestically and exports to Saudi Arabia, China, the Philippines, and the United Arab Emirates (UAE).



The company procures wild-caught and farm-raised seafood supplies from local and international wholesalers, aquaculture farms and fishing enterprises.



It also sells frozen seafood and other products through its own outlets and its online marketplace, MO Signature.



The company owns and operates 7 MO Foodmart outlets and one MO Wholesale Centre outlet located in the East Coast region.



Such a preliminary tie-up with Ocean Exchange was exciting enough to spur PT Resources share price to touch its 52-week high.



Since then, the counter has been on a roller-coaster ride in terms of share price volatility and volume.



It appears that its period of hibernation and recuperation is over as the counter regained strength and on an upward trend.



On June 26 alone, the counter rose 10.6%, perhaps signalling the materialisation of the logistics park.



Financially, PT Resources has seen better results.



Revenue rose 32% to RM115.4 million for the third quarter ended 31 January 2023 (3Q FY2023) compared with RM87.4 million a year ago.



However, its net profit declined to RM2 million from RM4.7 million a year ago.



For the nine months just ended, its revenue increased 29.3% to RM356.1 million from RM275.4 million a year ago.



Net profit increased marginally to RM17.8 million from RM16.9 million a year ago.



The company is optimistic of growth but admits there are challenges arising from cost pressures that has affected its operations directly and indirectly while foreign currency volatility has also impacted profitability.



That said, should its logistic park plans materialises, PT Resources will be in a good position to ride on the expected increase in domestic demand as well as rising orders from existing customers in China.



If all goes well, this will eventually translate into positive

papaya

3,086 posts

Posted by papaya > 2023-06-30 08:55 | Report Abuse

towkey hold 70% shares......easily tu push up.....towkey jual not even 1% to put some liquidity in this counter.....kikikikikih

maxmax

320 posts

Posted by maxmax > 2023-06-30 09:23 | Report Abuse

Owner holds to many share....very risky ...hit and run for few cents profit

maxmax

320 posts

Posted by maxmax > 2023-06-30 09:24 | Report Abuse

between bankers left and right...see the movement

Posted by Go lucky Happy > 2023-06-30 09:30 | Report Abuse

The owner should be releasing more of his shares at a higher price if he knows his company value.

papaya

3,086 posts

Posted by papaya > 2023-06-30 09:44 | Report Abuse

hati2.........sudah mau lompat katak.......kikikikih

Tibbers

561 posts

Posted by Tibbers > 2023-06-30 13:24 | Report Abuse

ptrb 0.650 coming

pang72

47,301 posts

Posted by pang72 > 2023-06-30 13:31 | Report Abuse

Retesting 68.5c next week

pang72

47,301 posts

Posted by pang72 > 2023-06-30 13:31 | Report Abuse

Free lobster, XXL prawn and seafood

pang72

47,301 posts

Posted by pang72 > 2023-06-30 13:32 | Report Abuse

Boss still holding 70% shares for his multi billion dream partnership with :China

cytew

1,575 posts

Posted by cytew > 2023-06-30 13:48 | Report Abuse

it is on the way to next pyramid corner at 57

papaya

3,086 posts

Posted by papaya > 2023-06-30 14:33 | Report Abuse

ini petang ....kita kasi pecah 55sen.....kikikikikikih

pang72

47,301 posts

Posted by pang72 > 2023-06-30 19:03 | Report Abuse

Eps 3.48c...
Ini kali mahu limit up pada 1st stock in 2023!!

pang72

47,301 posts

Posted by pang72 > 2023-06-30 19:04 | Report Abuse

Sudah cakap free lobster, XXL prawn and seafood mah...
Enjoy tje whole week of seafood buffet unlimited lobster from ptrb

pang72

47,301 posts

Posted by pang72 > 2023-06-30 19:05 | Report Abuse


pang72

Retesting 68.5c next week

5 hours ago



pang72

Free lobster, XXL prawn and seafood

5 hours ago



pang72

Boss still holding 70% shares for his multi billion dream partnership with :China

5 hours ago


LOL!!

trader808

285 posts

Posted by trader808 > 2023-06-30 19:33 | Report Abuse

1. Company announced excellent result. Believe share price will move up and remain elevated in the coming days to reflect its financial performance.

2. My recent guesstimate is somewhat off tangent. Die laughing.
3. Happy trading
30/6/23

pang72

47,301 posts

Posted by pang72 > 2023-06-30 19:48 | Report Abuse

Excellent QR minimum test ath 68.5c then rm1..
Make sense / support?

Tripaka

2,831 posts

Posted by Tripaka > 2023-07-01 08:15 | Report Abuse

This counter have big gap swings up and down. Be careful don't get caught. Good for day punters if they hit right.

pang72

47,301 posts

Posted by pang72 > 2023-07-01 12:24 | Report Abuse

68.5c next week
Rm1 before next QR out..

Sui bo!!

cK1973

1,523 posts

Posted by cK1973 > 2023-07-01 15:06 | Report Abuse

target achieved.
have to move on.
PRN coming....
looking at cheaper counter n under value.
Cosmos? Anyone?

pang72

47,301 posts

Posted by pang72 > 2023-07-01 17:00 | Report Abuse

Monday limit up lo..
Undervalue stock is ptrb not other

trader808

285 posts

Posted by trader808 > 2023-07-02 11:45 | Report Abuse

1 The share price of PTR has enjoyed an impressive rise from an intra day low of 39.5 sen to a high of 55 sen in the last 1 month of trading from 26th of May to the last day of June in 2023.That is an incredible gain [ 55/39.5] - 1 of 39.2%

2. Yesterday, it announced a highly remarkable and commendable improvement in profit performance of 846% QoQ and 341% YoY.

3. Can the profit numbers sustain the rise in share price and keep the upwards momentum going forward? Let's analyse.

4.According to the listing prospectus, PTB has enlarged captial of 535m. Founders has no offer for sales and did not cash out during IPO. It has public issue of new share of 135m at 36sen to raise Rm48.6m

5. Employees bought 13.5m shares and the private placement to friendly parties, possibly suppliers, customers, contractors, and people who in some way contributed to the company's success bought 28m shares. Together they are holding a total of 41.5m shares and they are relatively loyal and long term.

6. Founders shares are subject to a 6 month moratorium and restricted from disposal. This situation effectively means only 135m - 41.5m = 93.5m shares are floating in circulation upon listing.

7. The small number of shares make PTR and easy target and an opportunistic condition for manipulation in which price could theoretically could be pump up and dump easily according to the whim and fancy of the undesired manipulators.

8 On hindsight, we have seen share price swiftly soared from 36 sen to 68.5 sen after listing. The spectacular and unscheduled rise specifically during the moratorium period that restricted the major shareholders from selling probably has incurred the rage and anger of the founder.

9 The only way to stop the price manipulation and keep it from going beyond 68 sen and shoot further through the roof to higher up in the sky is to announce a super decline in profit. This could be the reason why PTR announced a shocking 1.96m in the 3rd qtr compared to a 8.3m in the 2nd qtr. In one master stroke, volumn of the counter abruptly disintegrated and volatility suddenly and quickly disappeared.

10. The management has reserved the best for the final quarter and announced a massively impressive profit performance of 18.6m yesterday on 30th of June.

11. Surprisingly, one day before the announcement, major shareholders disposed off 4.05m shares and cash out RM2.1m. Is this a coincidence or are they trying to convey the message that post moratorium they have more bullets to deal with the aggressor as and when necessary.

12. Hence, I think the disposal is intentional and a strategic move by the management to wade out the aggressors. Naturally, PTR welcomes institutional investors like EPF, insurance companies, mutual fund and unit trust, venture capital and high net worth individual to be anchor and long term quality investors. Directors would want to improve the attractiveness and image of its company by having quality and high profile institution in its list of shareholders.

13. Yesterday's closing price of 54 sen and the profit announcement has improved and increased the earning per share EPS to 6.82sen and compressed an otherwise double digit high PE to 7.92x
This PE is more in line with CCK, CAB. LHI, Lay Hong and others in the industry.

14. PTR is now fully valued. This is my personal perception of the counter. Be cautious , my expression of opinion could also be totally wrong.

15. Despite my perception there is still joy and excitement to see PTR soars and when you profit from it.
All the best and happy trading
2/7/23


Tripaka

2,831 posts

Posted by Tripaka > 2023-07-02 12:59 | Report Abuse

Agree that the price has risen by about 30% at the lowest. Hopefully it's not hyped up before the latest qr results and not sell on news .

cytew

1,575 posts

Posted by cytew > 2023-07-02 14:57 | Report Abuse

Heavy selling is likely to happen tomorrow if the share price goes beyond 60 sen

pang72

47,301 posts

Posted by pang72 > 2023-07-02 16:26 | Report Abuse

Tmr stand firm at 68.5c....hopefully..

Hoho22

184 posts

Posted by Hoho22 > 2023-07-02 17:12 | Report Abuse

Sour grape 808.

share4u888

101 posts

Posted by share4u888 > 2023-07-02 17:17 | Report Abuse

My point of view :
1) profit margin expanded to 14%
2) tap deeper into China market, with higher revenue from China.
3) expanded local market with open additional 2 MO mart.
4) tap into Indonesia wholesale market, although the revenue from Indonesia hasn't reflect in.
So far every qtr is positive, no lose.

I would say this is so fat one of the growth stock should invest and hold on. Like Cold Eyes said, got growth then dont sell.

Johnchew5

10,178 posts

Posted by Johnchew5 > 2023-07-02 20:45 | Report Abuse

Hoho One of Director ( insider ) sold most of his share at 44 sen on 30/9/2022 ..issued price 36 sen :

Initial Public Offering

PT RESOURCES HOLDINGS BERHAD

Date of Listing 27 Sep 2022


—-

Changes in Director's Interest (Section 219 of CA 2016)

PT RESOURCES HOLDINGS BERHAD

Information Compiled By KLSE

Particulars of Director

Name MR HENG CHANG HOOI
Descriptions(Class) Ordinary shares
Details of changes

No
Date of change
No of securities
Type of transaction
Nature of Interest
1
28/06/2023
4,051,000
Disposed
Direct Interest
Name of registered holder Heng Chang Hooi
Description of "Others" Type of Transaction
Consideration (if any) RM2,103,684.30
2
28/06/2023
350,000
Acquired
Direct Interest
Name of registered holder Heng Chang Hooi
Description of "Others" Type of Transaction
Consideration (if any) RM182,000.00

Circumstances by reason of which change has occurred
Disposal and acquisition of shares via open market
Nature of interest
Direct Interest
Total no of securities after change

Direct (units) 376,319,000
Direct (%) 70.337
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0.000
Date of notice 28/06/2023
Date notice received by Listed Issuer 28/06/2023

trader808

285 posts

Posted by trader808 > 2023-07-02 20:46 | Report Abuse

It is much better for HOho Ho Santa Clause to refrain from writing and became an unknown than to pen a line with no ingredients and became famous as a man of small mind that gossips about people.
2/7/23

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