PTT SYNERGY GROUP BERHAD
KLSE (MYR): PTT (7010)
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Last Price
1.03
Today's Change
0.00 (0.00%)
Day's Change
1.03 - 1.03
Trading Volume
15,000
Profile
PTT SYNERGY GROUP BERHAD
Exchange: Bursa Malaysia Bursa Malaysia
Country Code: MY MY
Currency: MYR MYR
Sector: PROPERTY PROPERTY
Subsector: PROPERTY PROPERTY
Index Group: PROPERTY PROPERTY
Category: ORDINARY SHARE ORDINARY SHARE
Syariah Flag: Yes Yes
Short Sell Flag: No No
IDSS Flag: No No
Description
PTT Synergy Group Berhad, formerly Grand Hoover Berhad, is a Malaysia-based investment and property holding company. The Company's segments include Trading and Property development/construction. The Trading segment is engaged in providing trading and supply of hardware and all related products. The Property development/construction segment is engaged in property development, building and civil contractors. The Company and its subsidiaries are engaged in property development, contractor for building construction, trading and distribution of sanitary wares, fitting for pipes and ceramic tiles. The Company's wholly owned subsidiaries include Grand Hoover Property Sdn. Bhd., Hoover Builders Sdn. Bhd., Hoover Management Sdn. Bhd., Hoover Tiling Trading Sdn. Bhd., and Pembinaan ATT Sdn. Bhd.
Address
Discussions
Be the first to like this. Showing 50 of 164 comments
this garbage company only left hand to right hand trading. Boring
2018-09-19 11:45
This is a classic example of a company that should not be listed in the first place.
It is very apparent that this company has loads obsolete stock that should be written off and assets that should be impaired.
Revenue seems to be growing, but GP margins are below 5%. Seems like every RM1 sale has no profits at all!
2019-03-01 19:48
This company's financials should be audited every quarter from now on.
Every quarter, net cash from operations is -RM2 million (despite the increase in revenue every quarter) and total debts outstanding is RM11.5 million.
When you look at the balance sheet, assets are deliberately revalued for the purposes of obtaining financing. Why?
This company is no longer a going concern from its principle activities and using the bank facilities to survive (against its long term assets). The provision of financial assistance from the holding co. (which really is just a holding co. with zero revenues of its own) really doesn't mean anything.
When all Current Assets - Total Liabilities = it equals just the value of the shareholders funds back by its Properties value, it begs the question: -
1) The actual market value of its properties
2) The actual market value of is stocks
3) Whether it is a going concern
4) Whether it should still be listed
Beware as the main shareholders may be exploiting its financing deals to draw a salary without interest of sustaining the company.
2019-06-19 12:04
I didnt miss after a thing after awhile.
Happy New Year. Neeew Yeear New Luck.
I will q to buy :)
2021-01-05 10:23
dompeilee Bought Hoover this morning @ 77c
02/09/2020 3:41 PM
Go go GOOOOOOO!!!!! =)
2021-02-03 15:24
HOOVER - Unusual Market Activity
HOOVER - Unusual Market ActivityILC-15022021-00003Bursa Malaysia Securities Berhad has on 15 February 2021 issued an UMA query onthe sharp rise in the price and volume of HOOVER shares recently. In thisrespect, investors are advised to take note of the Company?s reply to the aboveUMA query which will be posted at Bursa Malaysia?s website under the companyannouncements,http://www.bursamalaysia.com/market/listed-companies/company-announcements/' target='_blank'>http://www.bursamalaysia.com/market/listed-companies/company-announcements/ when making their investment decision. The contents of the UMAquery is as follows:- We draw your attention to the sharp rise in price andvolume of your Company?s shares recently (?trading activity?). In light ofthe above and in order for investors to be able to make informed investmentdecisions, you are requested to respond, after making due enquiry with yourdirectors, major shareholders and such other relevant persons, to the followingqueries immediately for public release in accordance with Paragraph 9.11 of theMain Market Listing Requirements ("LR"): 1. Whether there is any corporatedevelopment relating to your Group?s business and affairs that has not beenpreviously announced that may account for the trading activity including thosein the stage of negotiation/discussion. If yes, kindly provide the detailsincluding status of the corporate development to enable investors to makeinformed investment decisions; 2. Whether there is any rumour or reportconcerning the business and affairs of the Group that may account for thetrading activity and in this respect, you are required to comply withParagraphs 9.09 and 9.10 of Bursa Securities LR; 3. Whether you are awareof any other possible explanation to account for the trading activity; and4. Whether you are in compliance with the Bursa Securities LR, in particularParagraph 9.03 of the Bursa securities LR on immediate disclosure obligations.Please note that the contents of the announcement must be endorsed by the Boardof Directors of the Company and the announcement must reach Bursa Securitiesimmediately via Bursa LINK.Vice President MSDYou are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com
15/02/2021 03:41 PM
2021-02-15 16:00
@yiqqre my response. Lately, Unusual Market Activity (UMA) letters were issued to public listed companies by Bursa when their share prices were unrelentingly pumped up to reach ridiculous highs. These include companies mostly mid-size capitalization, poor performing, and weak fundamentals.
After oft similar replies were made to Bursa, their prices will continue to ascend incredulously next to even more new high. The price moves, actions, and patterns recorded over the trading days were noticeably spurious. Investing public needs strong and effective regulators to ensure the equity market is devoid of any pernicious manipulation to safeguard their better interests.
2021-05-22 19:50
dompeilee SOLD some Hoover @ 1.19 =) Q some @ limit-up =))
11/02/2021 10:56 AM
Thanks Hoover! Luckily I got out completely months ago...
2021-09-12 12:19
hoover bags three construction jobs worth RM374 mil from Widad Group within a year after changed owner, thumbs up. definately a worth investing
2022-01-24 15:12
PTT Synergy Group Berhad's (KLSE:PTT) investors will be pleased with their massive 362% return over the last five years
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But on the bright side, if you buy shares in a high quality company at the right price, you can gain well over 100%. One great example is PTT Synergy Group Berhad (KLSE:PTT) which saw its share price drive 260% higher over five years. On top of that, the share price is up 71% in about a quarter.
So let's assess the underlying fundamentals over the last 5 years and see if they've moved in lock-step with shareholder returns.
2024-05-31 17:41
Gentlemen, please fasten your seatbelt properly, PTT going to takeoff again next week by Chin Hin syndicates.
2024-06-01 12:46
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