PT RESOURCES HOLDINGS BERHAD

KLSE (MYR): PTRB (0260)

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Last Price

0.575

Today's Change

+0.015 (2.68%)

Day's Change

0.535 - 0.575

Trading Volume

1,469,500


1 person likes this.

1,289 comment(s). Last comment by TradeHarbor 4 weeks ago

Posted by TrendSculptor > 2024-01-18 14:37 | Report Abuse

It will rebound back for sure, don't get washed out and affected easily by this -ve wave

sasword

1,167 posts

Posted by sasword > 2024-01-18 16:42 | Report Abuse

TP 0.20

Posted by CarolineTeoh > 2024-01-19 10:25 | Report Abuse

Nice, market is slowly stabilizing and PTRB is showing great rebound 🤗

Posted by StockSniffer > 2024-01-19 10:26 | Report Abuse

fundamentally strong..

Posted by CarolineTeoh > 2024-01-19 10:27 | Report Abuse

told y'all thusly, don't lose your cool head during this kind of market sentiment

hhhiii123

806 posts

Posted by hhhiii123 > 2024-01-19 12:54 | Report Abuse

Rubbish counter, never look back again

Posted by alexchia569 > 2024-01-19 13:50 | Report Abuse

boss still buying back more shares

Posted by ExecutionTrade > 2024-01-19 15:57 | Report Abuse

Haha, hhhiii123 got washed out and he's getting upset about it 😂

hhhiii123

806 posts

Posted by hhhiii123 > 2024-01-19 18:28 | Report Abuse

The chart so terrible, somehow I lost almost nothing because i already know the management got problem one, good luck to you.

Posted by ExecutionTrade > 2024-01-19 20:02 | Report Abuse

Don't blame the management if you were washed out. Most of the companies show terrible charts during this moment...I will keep focusing on my TP despite of that as I got holding power

Posted by MarketNavigator > 2024-01-22 12:00 | Report Abuse

Normal thing for traders to panic sell 😆 Those who know its fundamentals will still hold one; they won't be affected by this temporary phenomenon

Posted by FlashParadox > 2024-01-22 16:43 | Report Abuse

No worries, the boss was collecting continuously and the company is undervalued still ~

Posted by HafizAjiad98 > 2024-01-22 19:33 | Report Abuse

PE masih rendah, hanya 6.08x sementara ni ..

Posted by CarolineTeoh > 2024-01-23 10:46 | Report Abuse

Wait for the next rally. Market sentiment is gradually turning positive ~

Posted by alexchia569 > 2024-01-23 11:12 | Report Abuse

is it now good time to add some position while the price is consolidating ?

Posted by ExecutionTrade > 2024-01-23 12:23 | Report Abuse

Of course, alexchia569. But better use extra cash to invest, so that you can have good holding power and hold it until PTRB hits your target price

Posted by alexchia569 > 2024-01-23 14:45 | Report Abuse

ExecutionTrade, noted.. thanks ! added some position, will pick up & hold

Posted by TrendSculptor > 2024-01-23 15:48 | Report Abuse

still patiently wait it to reach or break through 0.60 during CNY 😃

Posted by HafizAjiad98 > 2024-01-24 13:17 | Report Abuse

nampaknya PTRB mula melonjak dr 50 sen ..

Posted by MarketNavigator > 2024-01-24 21:48 | Report Abuse

This company will also expand into to Swiss market? hehe
https://en.vietnamplus.vn/seafood-exports-enjoy-bright-prospects-in-swiss-market/276637.vnp

hhhiii123

806 posts

Posted by hhhiii123 > 2024-01-24 22:37 | Report Abuse

the receivable and inventories keep going up, something fishy in the financial statement

Posted by StockSniffer > 2024-01-24 23:09 | Report Abuse

C&P@ Why are the company's major shareholders buying back the company's shares at this juncture? (market chaos)
The answer is obvious. Although PTRB was under selling pressure last week, the proportion of the decline was much smaller than that of other companies without fundamentals. This proves that the company's short-term decline in stock price is mainly due to panic factors, rather than the impact of the company's fundamentals, forming a formation with other companies. sharp contrast.
As an investor, the repurchase of shares by major shareholders is a very strong signal, and the company's current price-to-earnings ratio is only 6.2 times. This valuation is relatively attractive no matter which industry it is compared to. Therefore, PTRB deserves to be a dark horse in investors' portfolios.

Posted by CarolineTeoh > 2024-01-26 16:05 | Report Abuse

Processing and trading are normal to have trade receivables, and this is only on a 3M (Q1) basis. Wait until their next quarter before talking without evidence, hhhiii123

Huangbk72

4,947 posts

Posted by Huangbk72 > 2024-01-26 16:25 | Report Abuse

Seafood shipment is same everywhere.

Payment before container arrives at destination port. Very little receivables in normal business trading.

Due to seafood has shelf life only 2 years after processing and deteriorating in terms of color, look and taste. High inventories are not healthy. Should be due to unsold stocks in a bad market environment.

As shared earlier, demand for seafood is bad globally from mid 2023 up till now with no improvement expected until mid 2024.

Just google and answers are there.

sasword

1,167 posts

Posted by sasword > 2024-01-26 17:02 | Report Abuse

TP changed from 0.20 to 0.02

Posted by TradeHarbor > 2024-01-26 19:34 | Report Abuse

Don't worry. Normally, the consumption of seafood will shoot up during festive seasons, especially Chinese New Year

Posted by MarketNavigator > 2024-01-26 19:55 | Report Abuse

Norway disproved your statement literally, Huangbk72 😆 as Norway's seafood exports reach record high in 2023

https://fiskerforum.com/norways-seafood-exports-break-new-records/

Michael Kwok

6,307 posts

Posted by Michael Kwok > 2024-01-29 00:10 |

Post removed.Why?

Posted by ExecutionTrade > 2024-01-29 16:27 | Report Abuse

Nice grab, Michael Kwok. My 1st TP would be 60 cents if it can hit it before CNY

Posted by FlashParadox > 2024-01-29 19:28 | Report Abuse

Even the demand for seafood explodes in Japan. https://www.asahi.com/ajw/articles/15110350

Posted by TrendSculptor > 2024-01-29 19:48 | Report Abuse

buying volume is gradually flowing in. Brace for it to break out early next month

Posted by HafizAjiad98 > 2024-01-30 09:47 | Report Abuse

Sedang menuju ke arah 0.60 🙂

Posted by FlashParadox > 2024-01-30 12:12 | Report Abuse

0.50 --> 0.55 ---> 0.60 bfore 9 Feb

sasword

1,167 posts

Posted by sasword > 2024-01-30 16:29 | Report Abuse

0.50--> 0.20--> 0.02

Posted by MarketNavigator > 2024-01-30 17:17 | Report Abuse

Wow, got 2 different kinds of predictions on price movement here. I bet on FlashParadox 😁

Posted by TradeHarbor > 2024-01-31 15:15 | Report Abuse

+1 on FlashParadox based on the historical chart

Posted by CarolineTeoh > 2024-01-31 16:38 | Report Abuse

Surely PTRB is heading north due to the festive season of CNY

Posted by CarolineTeoh > 2024-01-31 16:38 | Report Abuse

plus, you can tell it by the fact that most of the restaurants are fully booked in certain places

Posted by HafizAjiad98 > 2024-02-02 10:04 | Report Abuse

Minggu depan ada persembahan yg menarik. Stay tuned 😉

Posted by MarketNavigator > 2024-02-02 16:03 | Report Abuse

Last day for lelong price b4 it breaks out nxt week, hehe

Posted by TrendSculptor > 2024-02-05 09:37 | Report Abuse

This week got big show? Let's see about that ~

Posted by CarolineTeoh > 2024-02-05 10:31 | Report Abuse

Be patient, the buying volume is building up gradually, and it will show a rally in just a matter of time

cytew

1,601 posts

Posted by cytew > 2024-02-05 11:38 | Report Abuse

Many investors are no longer trusting the management...avoid it if you can

Chia hs

37 posts

Posted by Chia hs > 2024-02-05 13:09 | Report Abuse

moving from 0.43 (oct23) to 0.575 (16Jan), now rest ~ 0.5x level.... see can build enough
momentum to move into 0.6x-0.7x level.

Posted by FlashParadox > 2024-02-05 18:28 | Report Abuse

Then those investors like that are considered as goreng kaki, happy and trust a company when its share price going up and vice versa 😆

Posted by TradeHarbor > 2024-02-06 09:32 | Report Abuse

Its graph is showing a cup and handle pattern. Get ready for the imminent breakout

Posted by CarolineTeoh > 2024-02-06 11:10 | Report Abuse

Still have 3 more days before we go celebrating CNY. Gogo, PTRB

sasword

1,167 posts

Posted by sasword > 2024-02-06 13:38 | Report Abuse

Gogo PTRB, longkang is waiting for you

Posted by MarketNavigator > 2024-02-06 15:25 | Report Abuse

Looks like someone doesn't eat seafood one, especially during festive season 😂 Up to sky high PTRB

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