PT RESOURCES HOLDINGS BERHAD
KLSE (MYR): PTRB (0260)
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Last Price
0.44
Today's Change
-0.015 (3.30%)
Day's Change
0.435 - 0.455
Trading Volume
3,615,300
Overview
Market Cap
235 Million
NOSH
535 Million
Avg Volume (4 weeks)
9,407,945
4 Weeks Range
0.435 - 0.635
4 Weeks Price Volatility (%)
2.50%
52 Weeks Range
0.36 - 0.685
52 Weeks Price Volatility (%)
24.62%
Previous Close
0.44
Open
0.455
Bid
0.44 x 20,700
Ask
0.445 x 81,300
Day's Range
0.435 - 0.455
Trading Volume
3,615,300
Financial Highlight
Latest Quarter | Ann. Date
31-Oct-2022 [#2] | 21-Dec-2022
Next QR | Est. Ann. Date
31-Jan-2023 | 21-Mar-2023
T4Q P/E | EY
8.39 | 11.92%
T4Q DY | Payout %
0.00% | 0.00%
T4Q NAPS | P/NAPS
0.22 | 2.01
T4Q NP Margin | ROE
6.54% | 23.98%
News and Blogs
Company Profile
Sector: CONSUMER PRODUCTS & SERVICES
Sector: CONSUMER PRODUCTS & SERVICES
Subsector: FOOD& BEVERAGES
Subsector: FOOD& BEVERAGES
Description:
PT Resources Holdings Berhad is a Malaysia-based investment holding company. The Company is principally involved in the processing and trading of frozen seafood products, and trading of other products. It sells its products domestically in Malaysia and export to international markets, such as 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 procures other meat and non-meat products from local and international wholesalers. Its frozen seafood products are sold to wholesalers, food manufacturers and retailers. In addition, the Company also sells frozen seafood and other products through its own outlets and its online marketplace, MO Signature, to reach out directly to the customers. The Company owns and operates seven MO Foodmart outlets and one MO Wholesale Centre outlet located in the East Coast region.
Discussions
Be the first to like this. Showing 50 of 815 comments
Grandson uncle also has a stone that is said to be worth a lot. But the stone isn't actually valuable economically, it's a stone that it's said to have fragments of the souls of Grandson family members that now rest in peace, Grandson call it a "Bloodline Stone. If Grandson let someone rub the stone, Grandson says that the souls of the people the stone belongs to will guide someone and give someone good luck.
3 weeks ago
The amount of little value he just cut out of that rock. Once grandson breaks or cut up a stone, the value decreases dramatically.
3 weeks ago
1Basing on the technical candlesticks chart for PTRB,, the MACD line has crossed below the Signal line on the 20th Feb 2023. This is a bearish indicator and the momentum is likely to persist on. In addition, the gap between the MACD and Signal line continue to widen as indicated by the larger red histograms. The bearish momentum is building up fast and will gather strength in the coming days.
2 Two days ago the counter experienced massive sell down over huge volume. It has collapse from 59.5 sen to close for the day at 50sen with intraday low of 49.5 Sen. Technically, it has established a Death cross on 2nd Mar 2023 in which the 9 day Moving Average line has crossed over the 20 day Moving Average line from above to below and fast approaching the 50 day moving average.
3 A death cross is an important signal that should not be taken lightly and much less ignored. It is a trading pattern and chart formation that point towards the transition from the bull market to a bear market. Hence, PTRB is currently undergoing severe stress and weakness.
4 Further, the Relative Strength Index RSI concurred with the similar bearish sentiment as indicated by the death cross and MACD and Signal lines indicators. The RSI is currently below 50 and gradually heading towards the oversold level. The bear will continue to charge and take control. Injuries, bruise and pain had inflicted. Going forward blood anticipated.
5 PTRB has enjoyed a mini bull run since its debut on Bursa. The bullish uptrend has reached its peak at 68.5sen and cooling off for a little while. It decline has begun and the downwards momentum will gather strength with accelerated speed in the coming days.
This is my technical analysis basing on the candlesticks chart and various technical indicators. It is just an expression of my personal opinion and it is not intended to influence anyone’s trading plan and investment strategy.
4/3/2023
3 weeks ago
1PTRB had a spectacular bull run and price shot up sharply from 36sen to 68.5sen in the last 3 months. However, on 16/2/23 it experienced a first day reversal and price began to fall from its peak of 68.5sen over 4 consecutive days to hit a low of 57sen. Over the next five 5 trading days it recovered briefly to 63sen.
2 The bears resumed its course on 28/2/23 in which over 3 days PTRB had a sharp vertical price fall from 63sen to intraday low of 49.5sen and closed at 50sen. In the candlesticks chart this was the flag pole.
3 Thereafter, and over the next few days it consolidated in a parallel channel of ups and downs to form a flag. PTRB is now trending in a bear flag candlesticks chart pattern. Bear flag signals gloomy prospect and falling prices.
4 When the bears have rested enough and recovered its strength in the next few days or weeks, they will resume its rampage and further crash down the price.
5 The Company is expected to announce its 3Q result in March. Nothing except a set of good result could help to avoid the fall and salvage the damage. Otherwise, the collapse will be magnified.
6 Let the buyers beware and Caveat Emptor. Trade cautiously
10/3/23
2 weeks ago
Before MOU and after MOU.. market determine the price… unfortunately it’s controlled.
osts
Posted by Huangbk72 > 2 weeks ago | 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.
1 week ago
1.Silicon Valley Bank wound up. World Market, Stock Market, Everything Everywhere All At Once collapsed. PTRB burst out and bungee dive vertically towards the red ocean.
2. It opened at 50sen, inched upwards at 52.5sen and plunged to an intraday low of 44.5 sen and closed the day at 45.5sen.
3PTRB is trending on the candlesticks charts of a bear flag. Today at 45sen closing, it has broken the flag and smashed through the pennants from the upside to the downside with volume and volatility. Clearly the bears had rested and recovered its strength causing havoc again.
4. In the coming days, it will continue to charge more aggressively and violently. Enormous fall and greater damage are realistically expected basing on the technical analysis of candlesticks chart.
5. Share investments is not all the time about making profit. It is also about avoiding a loss from a counter that looks so palatable that you did not invest and ultimately turns out to be most deceiving and deceptive.
6. This posting is not a sarcasm and unintended to rub salt on a wound. Rather it is an attempt to forewarn that the worse is yet to come.
7. Be safe and avoid great exposure to danger.
14/3/2023
1 week ago
Yesterday, most of the stocks share price down a lot...study which share is worth to invest.....I think PTRB will go back to 0.50 soon
1 week ago
PTRB is a very profit counter ... 2 Q good profit ... and The boss hold 75 % of share and market float only 25 % about 180 mil... This business is a sea food business n 7 outlet food mart .. selling Daily food product ... and record of profit cont... Buy and keep this hidden gem ... when next report out and it just new IPO and a hidden Gem to buy... buy when prices now is low.... it will come back to 70 cents very soon...
1 week ago
Morning all ... my guess is right 180 million share 25 % in the market all mostly distributed . Time to turn around to PE 12 again ... Good luck to all those have buy low all the way back to 70 cents .. hope for good result n give 1 st dividend cause the boss hold 75 % ..BUY AT OWN RISK...
5 days ago
DSS also kena sell down yesterday. Suspected did by the same group of operator like PTRB
3 days ago
The most important is done chase high when everybody going in for party ,,, if not u will end up staying in Penthouse ..Buy those good value company which have profit n throw down which we have lower risk to get lower ... and check the RSI 100 days which in over sold ...This is the best option we can buy... Share in cantonese means GUESS ... No 100 % win ... BUy n trade at our own Risk ...
3 days ago
1.Candlesticks technical chart remain very bearish. Nothing has changed since 14th. Mar. In addition the moratorium of a substantial numbers of IPO shares will be lifted tomorrow.
2.Weakness in share price expected. In the coming days if the announcement of quarterly result is below market expectation, prepare for pain.
26/3/2023
1 day ago
This is the time to buy down all the way ... to make big profit... buy in 3 shoot... every 4 cents 1 buy.... buy till... 1 silang . either second hand kanchil or Inport Used C 250 ... Merc
16 hours ago
hi paktua is back...
we will load back from now till rm0.38..
is our target hope big boss really offload
due tempoh pantang dah habis..
tut tut
is back...haters sure happy paktua back
hehe
14 hours ago
hehe..
if laa drop rm0.20
last time just down rm0.35 only..
tut tut
any how ptrb still good just market condion is not good..
selain factor luar negara(bank crisis,euro crash)
main factor adalah prn coming jangka bulan june..
so many player now pull off fund n wait after prn to heavy play back..
11 hours ago
yes.... pls sell down ... iam waiting to buy in 3 times ... buy till i can sell ...
11 hours ago
Actually PTRB should be doing better as it is involved in consumer/ food line. Example Cab and Kawan Food.
11 hours ago
You are right... Look at CCK n SDS... comparison almost the same business... Food n seafood ... Prices comparison ... n PE ... sooner will sit in the same as CCK n SDS ... and Hari Raya is coming ... n u know how the sale coming REport n the share floating in the Market ...
10 hours ago
Buying also need to plan .... like a Revolver can shoot out 6 bullet at a time ... unless ... u have a machine gun.... waste all the bullet ... 20 a round ...
9 hours ago
1.PTRB closed 44 sen down 1.5sen with 3.6m shares traded today. Selling persisted and the falling momentum has gained strength.
2.The death cross that happened on 1st of march and the gap between the 9-day and 26-day moving averages had widen tremendously. Daily prices is falling faster than the moving average.
3.Today it has decisively pierced through the average line. This is a signal of greater fall to come basing on the interpretation of the candlesticks chart.
4. What is alarming and should not be taken lightly is the comparatively smaller volume traded compare to its active days with huge market participation.
5.The severe reduction in volume traded followed by falling prices tend to convey the message that the key player and its partners had already left the counter with enormous gains.
6. Graphically,the key man had started to unload its shareholdings beginning 16th Feb for 4 consecutive days over huge volume and again on 2nd march.
7.The sentiment for PTRB remains bearish and from hereon price could fall further and the quantum of fall will be impacted by the quarterly result and financial performance.
8. There is nothing wrong with the company. It is well managed and the business is profitable.
9.It is just that someone has identified the good company, played up the news,attracted huge retails participation, pushed up the share price, took advantage of the ignorance, sold out to take profit and caught many by surprise.
10.This is my personal perception of the counter.
27/3/23
6 hours ago
As expected paktua stock collapse (pump&dump)
Always run b4 paktua / syndicate dump high on ur head RIP
5 hours ago
Never mind, he can advise his followers to hold until their pants drop or pray harder.
5 hours ago
Every stock have his ... intrinsic value.. i am buying a good company value for long Term... If no sell down i cannot buy low.... even declare 1 cents the boss will get 3.5 million ... Buy those company with the boss holding big share n let see this 3 Q report.. Total issue is 535 million share ... even declare 1 cents only pay 5.35 million... the boss will take 3.5 million ... this is the bet odd ... last 2 Q already 15 million profit...
3 hours ago
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greatwall
rubbish!!!!!!!!!!!!!!!!!!!
3 weeks ago