PASUKHAS GROUP BERHAD

KLSE (MYR): PASUKGB (0177)

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Last Price

0.025

Today's Change

+0.005 (25.00%)

Day's Change

0.02 - 0.025

Trading Volume

27,400,600

Overview

Market Cap

48 Million

NOSH

1,905 Million

Avg Volume (4 weeks)

2,122,105

4 Weeks Range

0.015 - 0.025

4 Weeks Price Volatility (%)

100.00%

52 Weeks Range

0.01 - 0.025

52 Weeks Price Volatility (%)

100.00%

Previous Close

0.025

Open

0.02

Bid

0.02 x 39,242,800

Ask

0.025 x 47,029,700

Day's Range

0.02 - 0.025

Trading Volume

27,400,600

Financial Highlight

Latest Quarter | Ann. Date

30-Sep-2022 [#3] | 30-Nov-2022

Next QR | Est. Ann. Date

31-Dec-2022 | 28-Feb-2023

T4Q P/E | EY

-1.48 | -67.45%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

0.08 | 0.30

T4Q NP Margin | ROE

-37.85% | -20.48%

Company Profile

Sector: INDUSTRIAL PRODUCTS & SERVICES

Sector: INDUSTRIAL PRODUCTS & SERVICES

Subsector: INDUSTRIAL ENGINEERING

Subsector: INDUSTRIAL ENGINEERING

Description:

Pasukhas Group Bhd is a Malaysian company which is engaged in the business of investment holding and the provision of management services. The operating segments of the company are M&E Engineering Services segment involved in the provision of water treatment and sewerage industry, palm oil, sugar mills, refineries and other factories; Manufacturing of LV Switchboards segment is involved in sub-distribution for the generation, transmission, distribution and conversion of electric energy and for the control of equipment that consumes electric energy; Trading segment involved in trading of a variety of goods without any particular specialization; and Property Development segment is involved in civil engineering and construction. All of the company's revenue is earned from Malaysia.

Discussions
12 people like this. Showing 50 of 14,595 comments

Good123

Nasdaq jumps 2% to end at highest since September after Fed raises rate by a quarter-point, Powell signals few more hikes to go.

Last Updated: Feb. 1, 2023 at 5:02 p.m. ET

U.S. stocks finished higher on Wednesday, reversing earlier losses after the Federal Reserve raised its policy interest rate by 25 basis points, as widely expected, while signaling a only a few more might be needed in its inflation fight.

The Nasdaq Composite finished at the highest level since mid-September, while the Dow industrials and the S&P 500 both scored their biggest intraday recovery from session lows since Oct. 13, according to Dow Jones Market Data.

How stock indexes traded?

The Dow Jones Industrial Average DJIA, +0.02% finished 6.92 points higher, or nearly flat at 34,092.96

The S&P 500 SPX, +1.05% gained 42.61 points, or 1%, to end at 4,119.21

The Nasdaq Composite COMP, +2.00% advanced 231.77 points, or 2%, to finish at 11,816.32

On Tuesday, the Dow industrials climbed 368.95 points, or 1.1%, to end at 34,086.04, the S&P 500 gained 58.83 points, or 1.5%, to finish at 4,076.60, and the Nasdaq Composite gained 190.74 points, or 1.7%, ending at 11,584.55.

What drove markets?

U.S. stock indexes closed higher, reversing the Dow industrials earlier slide by more than 500 points, after the central bank increased its benchmark interest rate by 25 basis points to a range of 4.5% to 4.75%, while signaling that potentially only a “couple more hikes” were likely to achieve an “approximately restrictive stance.”

The stock market bounced off session lows to turn higher after Fed Chair Jerome Powell said in his press conference following the decision that financial conditions had tightened significantly over the past year. He also acknowledged for the first time that “the disinflationary process has started.”

Vincent Reinhart, chief economist and macro strategist at Dreyfus and Mellon, said investors didn’t get a hawkish Powell, but a cautious Fed boss who didn’t push back on markets.

“[Powell said] they’ve got their inflation forecast and market participants had their inflation forecast,” Reinhart told MarketWatch via phone. “I think the big difference is market participants expected a bigger protest from Powell, a bigger pushback about financial conditions. [But] he was cautious and just said it’s a difference of opinion.”

“He maintained the view [that] the risk of doing too much is less than the risk of doing too little.”

In U.S. economic data on Wednesday, the ISM, or Institute for Supply Management said its January manufacturing sector activity index fell to 47.4% in January from 48.4% in the prior month. A reading below 50% signal the manufacturing sector is contracting.

U.S. job openings rose to 11 million in December from 10.4 million. The number of U.S. workers quitting in December dipped to 4.09 million from 4.1 million in the prior month.

ADP said the private sector added 106,000 jobs in January. It is a significant drop from the revised 253,000 jobs added in December. Economists forecasted an increase of 190,000.

Apart from the Fed outcome, investors will get two more big central bank decisions this week, from the European Central Bank and Bank of England, both expected to hike another 50 basis points on Thursday. Fresh data showed eurozone inflation for January coming in lower than expected on Wednesday, at a rise of 8.5%, the lowest since May.

In corporate earnings reporting, shares of Snap Inc. SNAP, -10.29% finished 10.3% lower on Wednesday after the social-media group posted a disappointing quarterly revenue and offered no guidance. Peloton Interactive Inc. PTON, +26.53% shares ended 26% higher after the company posted a $335.4 million loss for its latest quarter. Still, it indicated improvement from the connected-fitness company’s cash-burning peaks.

Meta META, +2.79% is expected to report its third consecutive quarterly sales decline when it issues results after the close on Wednesday.

Companies in focus

Advanced Micro Devices AMD, +12.63% shares ended up 12.6% Wednesday after the chip maker’s data-center sales rose and executives predicted sales of more than $5 billion to start 2023.

Electronic Arts Inc. EA, -9.26% stock fell 9.3% after the gaming company delivered a downbeat forecast and shelved mobile versions of two popular games.

22 hours ago

sunsetbiz

laugh die again for the comment today.....:)

22 hours ago

Good123

~19mil shares traded in less than 30min.. amazing

22 hours ago

Good123

What had driven the hunger for pasukhas shares suddenly? Make a guess

22 hours ago

Good123

Is yayasan veteran atm started buying pasukhas from the open market to wrest control of pasukhas?

22 hours ago

Good123


KUALA LUMPUR: The domestic market was lifted for a global rally induced by the Federal Reserve's remark overnight that the "disinflationary process has started".

The central bank sounded a more optimistic tone as it raised the lending rate by another quarter percentage point, although it cautioned that it was premature to declare victory over its war with inflation.

Overnight, the Dow Jones reversed intraday losses to end on a slight gain while the Nasdaq surged 2% as investors continued to find bargains in battered-down tech stocks.

"The quarter-point rate hike from the Fed is within the market’s expectation and it has reversed the negative mood on Wall Street to close in the positive zone; this might be suggesting that the market has priced in the interest rate impact and acknowledging that the inflationary pressure has been easing," said Malacca Securities Research in its daily market commentary.

On the local front, the research firm expects the technology sector to gain momentum following the strong surge on Wall Street.

However, it added that investors may take a breather on energy stocks given the pullback in Brent oil price and remain focused on sectors such as travel, transport and consumer.

Meanwhile, TA Securities Research in its own note said there was an absence of catalysts to spur buying interest in local equities beyond the short-term.

"The local market should drift sideways to lower amid lacking catalysts to lift stocks from current consolidation, and look at key external leads for guidance on the near-term direction," it said.

It added that the chart support remained at 1,460 and 1,450 with strong supports at 1,420 and 1,400.

It noted that "significant resistance" remained at 1,512 with the August high near 1,528 as strong resistan resistance. This is followed by 1,500 and 1,570 as tougher upside hurdles.

At the opening bell, the FBM KLCI was lifted 3.32 points to 1,488.82, spurred on by the growing positive sentiment and bargain-hunting as investors had taken to the sidelines ahead of the Fed policy meeting.

The Bursa Malaysia Technology index rose nearly 2% to 68.84 as it tracked the Nasdaq's strong performance.

The sector's leading counters included MPI up 30 sen to RM33.48, Vitrox rising 26 sen to RM8.10, KESM climbing 22 sen to RM7.52 and Pentamaster adding 19 sen to RM5.02.

Simultaneously, there was a further advance in consumer counters, which have benefited the most in the recent weeks from China's reopening theme and the year-end festive period.

Heineken jumped 92 sen to RM28.92 and Carlsberg rose 44 sen to RM23.98 while Nestle added 30 sen to RM33.48.

Among top actives, Hong Seng gained 1.5 sen to 21.5 sen, Sapura Energy was flat at five sen and CTOS fell one sen to RM1.53.

22 hours ago

Good123

Macam cypark, yg tak sabar, jual awal. Menyesal kelak

22 hours ago

Good123

Semua suka stok yg sedang naik, volum kian tinggi

22 hours ago

Good123

2sen tak beli 2.5sen tak beli

5sen dan ke atas baru beli hahaha

21 hours ago

Good123

~20mil shares traded masih awal lagi

21 hours ago

Good123


“Moving forward, we expect the same trend to continue for the first half of this year, especially with the banking, automotive and consumer sectors. In addition, sectors with temporary setbacks in 2022, such as healthcare, technology and manufacturing, should recover, along with the leisure and tourism industries,” says Areca Capital's Wong.

PETALING JAYA: The month of February routinely sees many companies in the FBM KLCI releasing their financial results for public perusal, and as always, most of these “report cards” would be encapsulating the performance of corporate Malaysia for the whole financial year.

With 2022 being what is now being considered a bumper year by many quarters following a lockdown-marred 2021, evidenced by the consensus prediction that Malaysia would likely surpass 8% in gross domestic product (GDP) growth for the year, it would be interesting to see how things are translating into solid numbers for companies and their respective sectors.

Incidentally, as if leading by example, exchange operator and regulator Bursa Malaysia released its own financial results for the fourth quarter of 2022 (4Q22) as well as for financial year 2022 (FY22) on Tuesday, charting a whole-year net profit of RM226.6mil on the back of a RM767.5mil total turnover.

Bursa Malaysia’s performance in 2022, however, is a case in point of how interesting matters can get, especially from a sectoral perspective, because even though last year has proven to be a “rebound year” of sorts for many, especially those that stood to benefit from domestic demand, some industries that were more sensitive to global macroeconomic effects were still profiting less from the uptick in local consumption.

Market observers largely agree that with Malaysia’s GDP expansion last year primarily being propped up by domestic demand, the companies in the consumer sector should have been able to keep up their recovery in the final quarter of 2022.

Speaking to StarBiz, chief executive for wealth managing firm Areca Capital Sdn Bhd, Danny Wong, is expecting the banking sector to expand gains in 4Q22 and post improved performances, underpinned by higher net-interest margins (NIM) with interest rates having stayed on the uptrend due to Bank Negara’s overnight policy rate (OPR) increases last year.

Simply put, NIMs are the net earnings on interest from loans handed out by a bank, after having deducted interest paid by the bank on deposits.

Wong expects to see further recovery in the consumer, automotive and retail sectors in the final quarter of 2022 as well.

He said, “Moving forward, we expect the same trend to continue for the first half of this year, especially with the banking, automotive and consumer sectors. In addition, sectors with temporary setbacks in 2022, such as healthcare, technology and manufacturing, should recover, along with the leisure and tourism industries.”

Wong, however, cautioned that rising costs and supply constraints, both on the manpower and materials front – an issue which has been plaguing several industries – could remain a concern in 2023, noting that if inflation is not dealt with effectively, central banks could maintain their aggressive monetary policies which in turn may result in recessions.

Commenting on the upcoming retabling of Budget 2023 on Feb 24, he hoped there would not be any surprises in the form of additional taxes which would also be good news for corporations going forward.

Gerald Ambrose, chief executive for asset management company abrdn Islamic Malaysia Sdn Bhd, concurred with Wong that banks should be doing well in 2022, supported by improving NIMs.

He noted that aside from lenders, companies in the leisure industry such as hospitality and travel, should still be benefiting from the “revenge spending” in 4Q22 that resulted from the lockdown-induced pent-up demand.

Ambrose told StarBiz, “Overall, Malaysia’s economy performed very well in 2022. We benefited from higher commodity prices, strong demand for electronic components in mobile phones and automotives in particular, plus a recovery in domestic demand.”

Meanwhile, Rakuten Trade Sdn Bhd head of equity sales Vincent Lau believes while it could be a “mixed bag” on which companies were going to perform well in the final quarter of last year, as he suspects the consumer sector would be fervent albeit on a slower pace compared to previous quarters while aviation companies should be seeing improved performances as travel picks up pace and airlines continue to bring planes back into operation.

“Furthermore, we also expect leisure and consumer-related companies such as Berjaya Food Bhd and Padini Holdings Bhd to keep on improving. Same goes for the tourism companies. However, we do anticipate some softening in the technology and automotive sectors. That said, we remain upbeat on the technology sector,” Lau pointed out, before adding the oil and gas sector’s performance for 4Q22 would also be worth keeping an eye on.

21 hours ago

Good123

Wait for the yayasan atm pasukhas project in kl open for sale... No hurry lah

21 hours ago

nightmare007

0.025 pun tak mampu lepas? kata aktif mcm gunung berapi? :)))))))

21 hours ago

Good123

~21 mil shares changed hand

21 hours ago

nightmare007

inix NOSH 2 million pun boleh terbang, tak malu ka? :))))

21 hours ago

Good123

Pasukhas will report a profitable quarter this month. Its investment in quoted shares had rebound on dec 31 hahaha

21 hours ago

nightmare007

naik 0.005 sudah bising mcm naik 50 sen...kekekekekkee :)))))) mana duit yayasan kamu, kata yayasan nak beli? :)))))))

21 hours ago

stncws

2b volume alsmost now...good sign.....2hours

21 hours ago

Good123

~22 mil shares traded... More n more :)

21 hours ago

Good123

Just hold tight till results Q4 out this month

21 hours ago

Good123

Reopening of China - yayasan atm project will be launched anytime

21 hours ago

Good123

Rental market or price in kl city centry pun stable dan rising...

21 hours ago

Good123

Yayasan atm punya tanah dekat klcc bukan kawasan ciplak

21 hours ago

Good123


KUALA LUMPUR: The recovery in Pavilion Real Estate Investment Trust's (REIT) earnings, which is showing signs of normalisation, is expected to receive another boost from the reopening of China's borders and the inflow of tourists from the country.

Pavilion REIT had guided that 30% of its Pavilion Kuala Lumpur footfall pre-pandemic came from foreign tourist, with about 50% of that group coming from China.

"With the retail sales momentum remaining strong, and Pavilion Kuala Lumpur (PKL) well-positioned to benefit from the increasing number of tourists, we remain positive on the REIT’s outlook," said RHB Research in its company update.

Following the release of the REIT's 4Q22 results, RHB said its performance met expectations, with numbers improving across all segments.

The REIT's 4Q core profit of RM65mil brought its total FY22 earnings to RM246mil, which was nearly double the earnings of the previous year.

RHB reported that the REIT's revenue and net property income in the quarter improved 17% year-on-year, mainly attributed to higher rental billings and turnover rent.

Pavilion REIT's management has guided for a higher rental reversion of 5-7% in FY23 on the back of strong retail momentum, up from 4-5% in FY22.

RHB said its own forecast for rental reversion in FY23 was 5-6%, as occupancy rate is a non-concern for Pavilion KL.

"We adjust FY23-24F earnings by 4-6% and introduce our FY25 net profit forecast of MYR382mil," said RHB.

Subsequently, the research firm maintained its "buy" call on the REIT with a higher target price of RM1.57, from RM1.52 previously.

Meanwhile, RHB Research noted that the acquisition of Pavilion Bukit Jalil is still expected to be completed in 2Q23, which will help to reduce the REIT's reliance on Pavilion KL.

It also noted that Pavilion REIT has entered into a memorandum of understanding with Tanah Hijauan to explore the purchase of green electricity generated by the latter’s solar power plant for Pavilion KL and Intermark Mall.

MIDF Research, in its own update, said it maintained its positive earnings outlook on Pavilion REIT given the higher tourist arrivals, particularly from China, and improved tenant sales at Pavilion KL and Elite Pavilion Mall.

The research firm maintained "buy" on the REIT with a higher target price of RM1.63, from RM1.56 previously.

21 hours ago

sunsetbiz

up 0.005 for few minutes oredi so excited....drop 0.05 time just keep dreaming .....:)

21 hours ago

Good123


KUALA LUMPUR: Bursa Malaysia rebounded from the strong broad-based sell-down on Tuesday to open higher this morning, supported by bargain hunting activities, a dealer said.

At 9.05 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) advanced 5.93 points to 1,491.43 from Tuesday's close of 1,485.50.

The key index opened 3.32 points stronger at 1,488.82.

Market breadth is also positive with gainers leading losers 282 to 129, while 284 counters were unchanged, 1,478 untraded and 11 others suspended.

Turnover amounted to 265.63 million units worth RM157.99 million.

The market was closed yesterday for the Federal Territory Day public holiday.

Rakuten Trade Sdn Bhd vice-president of Equity Research, Thong Pak Leng said the benchmark index fell below 1,490 on Tuesday due to the market uncertainty brought on by the United States (US) Federal Reserve (Fed) meeting.

"However, we reckon bargain hunting activities would return, thus expect the index to trend in the 1,490-1,500 range today, and the tech sector to see a strong recovery.

"Meanwhile, crude oil prices weakened on higher inventory data as the Brent crude declined to US$83 per barrel," he said in a note today.

Globally, Thong said Wall Street recovered strongly following the Fed's 25 basis points hike, as the Dow Jones Index Average added seven points and the Nasdaq jumped by 232 points with the US 10-year yield easing to below 3.42 per cent.

"Regionally, Hong Kong's equities also rebounded, buoyed by tech stocks as traders were betting on the Fed's less aggressive rate hike, pushing the Hang Seng Index 230 points higher to close above the 22,000 level," he added.

Back home, Bursa heavyweights Press Metal gained eight sen to RM5.26, Maybank improved five sen to RM8.79, Sime Darby Plantation accumulated seven sen to RM4.40, Petronas Chemicals was six sen better at RM8.41 and IHH improved four sen to RM5.96.

As for the actives, CTOS Digital lost four sen to RM1.50, Hong Seng and Pasukhas added half-a-sen each to 20.5 sen and 2.5 sen, respectively, and Vestland improved one sen to 40 sen while Minda Global was flat at seven sen.

On the index board, the FBM Emas Index earned 46.03 points to 10,862.30, the FBMT 100 Index advanced 42.09 points to 10,527.55, and the FBM Emas Shariah Index went up 65.18 points to 11,141.38.

The FBM 70 Index widened 55.91 points to 13,741.91 while the FBM ACE Index added 47.20 points to 5,758.66.

Sector-wise, the Industrial Products and Services Index advanced 1.08 points to 191.01, the Plantation Index increased 51.82 points to 6,881.20 and the Financial Services Index grew 19.211 points to 16,432.65, while the Energy Index fell 1.54 points to 885.71.

-- BERNAMA

20 hours ago

nightmare007

kekekekekek kami mahu letusan gunung berapi!!!! :)))))) only 0.02 ka? no change?

20 hours ago

Good123

~52 week high 25mil shares traded

19 hours ago

Good123

2.5sen kini satu permulaan terindah

18 hours ago

Good123

Upward trend.... Usah tak ambil tindakan

18 hours ago

Good123

Dalam masa 52 minggu dari 1sen ke 2.5sen. ROI 150%

Lagi 52 minggu another 150% harga nya ~6.5sen kutip3 banyak2

18 hours ago

Good123

Saya beli uptrend stok, korang ? Kakaka

18 hours ago

Good123

Dalam 52 minggu lagi naik lagi 150% boleh bersara dah

18 hours ago

sunsetbiz

hahaha...uptrend stk you say........buy from 0.1 till now and wait years for uptrend lol....only Good123 can afford for so big uptrend.....make ppl laugh till cry.....:)

18 hours ago

Michael R.

hehehehe... only one bit ... cannot go further... try 0.10...can?

16 hours ago

Good123

~26mil shares traded.. just the beginning... Hurray!!!

Macam cypark... Memecut seterusnya

15 hours ago

Good123

Macam cypark, hari pertama warming up je

15 hours ago

Good123

Lagi hebat seterusnya

15 hours ago

Good123

Big project mau jual dah. Harga syer mesti naik balik..branding juga hahaha

15 hours ago

Good123

Macam cypark terbang secara berperingkat.. tetap percaya

15 hours ago

Good123

Lagi 52 minggu lagi ROI 150%, boleh bersara dah

15 hours ago

Good123

Belum cukup jumlah kata lebai

15 hours ago

Good123

Balik market cap rm100mil+++ untuk projek mewah kat kl ... branding

15 hours ago

Good123

Usah lupa trend Cypark:)

14 hours ago

Good123

Kian panas ... Memberangsangkan

12 hours ago

Good123



Uptrend reactivated hahaha


2023-02-02 0.02 0.025 0.02 0.025 +0.005 (25.00%) 27,400,600
2023-01-31 0.02 0.02 0.02 0.02 0.00 (0.00%) 350,000

11 hours ago

Good123

Bila 1sen, usah beli
1.5sen, jangan beli
2sen, jangan beli
2.5sen, jangan beli

10sen nanti, beli

Hahahaha

9 hours ago

nightmare007

0.07 sen - beli
consolidaton - akan dibatalkan

0.01 - kerugian besar~~~~
HAAHHHHHHHHA

8 hours ago

Good123

Tidurlah... Esok lagi hebat :)

8 hours ago

Good123

The fight goes on :)

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