KLSE (MYR): PBSB (5231)
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Last Price
0.22
Today's Change
+0.01 (4.76%)
Day's Change
0.205 - 0.23
Trading Volume
1,218,500
Exchange: Bursa Malaysia Bursa Malaysia
Country Code: MY MY
Currency: MYR MYR
Sector: CONSUMER PRODUCTS & SERVICES CONSUMER PRODUCTS & SERVICES
Subsector: CONSUMER SERVICES CONSUMER SERVICES
Index Group: CONSUMER PRODUCTS & SERVICES CONSUMER PRODUCTS & SERVICES
Category: ORDINARY SHARE ORDINARY SHARE
Syariah Flag: Yes Yes
Short Sell Flag: Yes Yes
IDSS Flag: Yes Yes
Pelikan International Corp Bhd and its subsidiaries are engaged in manufacturing and distribution of writing instruments, art, painting and hobby products, school and office stationery, printer consumables, and papeterie products. Geographically it operates through the region of Germany, Switzerland, Rest of Europe, Americas, and Rest of World. The company distributes its products under the Pelikan, herlitz, Susy Card, and Geha brands through wholesalers, dealers, retailers, hypermarkets, schools, and specialized stores. Pelikan derives most of the revenue from Germany region.
This is shell company arr. Zero bisness.
They bought for 2 weeks at 0.92, cost at 0.17 post cash back.
They tried to sell 0.205 - 0.225 but not successful.
So they changed their mind n resorted to pump n dump method.
Pump 0.23 to 0.30 n distribute 0.28 - 0.30.
Yesterday late evening they got greedy from first round pump n dump success n opted for 2nd round pump n dump 0.29 to 0.335.
This of course proved to be too much to swallow, biting more than they cound chew. Now they are getting out.
Once they are out, it will fall like a rock.
Stay away.
2023-12-29 09:55
no wonder price stayed at 0.9 - 0.92 for so many days n didnt break resistance at 0.925, but ytd direct gapped up and broke n shot up so high, can see now they keep withdrawing the support
2023-12-29 10:01
Range bound till they announce their plans for the balance money and new business. It will be hovering around 28-30sen range.
2024-01-02 09:24
Demand for stationary product reduces.
Most work are done digitally.
Need to find new business.
2024-01-04 17:07
Actually they r so so lucky ...got buyer willing to buy their core biz....sunset industry
2024-01-04 17:11
One of Revenue is from education, as long education is on going. Pelikan Business Always RUNNING GOODS.
2024-02-26 08:56
You mean they are having education centers or dependent on stationary demand from educational institutions? I thought they sold of their primary business which is stationary products manufacturing. No?
2024-03-08 16:52
unfortunately 10 sen dividend didnt come... only declared 2 cents special dividend. that's it. no more... already called the company to confirm. div went ex on 5/4/24. payment date is 22/4/24. More importantly, what is the company's plan next? have to wait for company to submit their regularisation plan.. hope the wait is worth it.
2024-04-11 19:55
Big restructuring news coming hence why the spike today. Hope for the best. Any news and it will flyyyy
2024-05-15 15:37
Huge jump today!! It could be a short play but this has been tracking higher last 2 weeks. I can only suggest that news about their new business is going to be announced and it will fly since they are a cash company.
2024-06-18 17:44
30sen is inevitable and just a matter of time. First resistance level before heading towards 35sen.
2024-06-21 09:20
rr88
Operator is getting out by conning people. Stay away.
2023-12-29 09:48