What is the next support level?

Just hope it will have activity soon.

Did not realise it was just bonus issue because I saw the news yesterday. But you are correct.

Something is brewing. Insider buying so much on 18th...

Mohd fahmi where is your rm1.85... hahaha

Now everyone else realise!!! I already told you all should be up a few cents. Where is everyone who say will limit down or down to 1.85. Where????? Hiding?

As mentioned. Good company. Should be around rm2.00 today.

Superpanda I believe next QR should be above 4 mil also. The price of raw materials went down since October. Should be reflected in the next QR as they stock up for 6 months and the higher cost this year was for distribution. Once they get to fully use their warehouse, the cost for distribution will be down as well.

https://klse.i3investor.com/servlets/ptres/43421.jsp as I mentioned earlier tp is 2.30. At current price it's already discounted for their profit. Hopefully more people will make the decision to buy now, upside around 20%. Minimum also can hit 10%. But trade at your own risk.

Shareinvestor always say run tp50x. He hope to get at cheap sale I guess.

Don't worry. Support at rm2.00 then rm1.90. I don't believe it will go much lower. But I may be wrong. Tayor

If down also buying opportunity, Just have to hold, but very long term it’s a growth stock especially in 2019 when Vietnam factory open. So can just average down if drop.

30mil revenue, 4.5mil profit. Why limit down Ptrans? Iqgroup posted loss and limit down. Now already climbing back up even when it posted losses. This one 4.5mil profit and increase revenue yoy. I think revenue for 2018 will hit rm100mil also.

1.50 oso I will sapu.

@sleang i agree too. I think it will go up to RM2.10 because i believe its oversold but i may be wrong. I think the QR isn't too bad.

@ zaimi Definitely won't follow IQgroup because the revenue actually increased to RM30mil and the profit increase qoq. Compared to IQgroup which reported a loss and i think the management of IQgroup actually hinted they were doing very well.

The share price can go either way tomorrow.
The revenue actually increase yoy but profit down yoy but up qoq.
And i seriously believe the QR isn't that bad for the price of RM2.03 as i think its already priced in. I think it's already oversold and the price may actually go up tomorrow. But i may be wrong.

And if you read the price target after the last QR profit of 4.5mil was RM 2.36, i believe it's already discounted price at RM 2.03. But just not too happy with the RM0.01 dividend.

The results is okay, expected to be the almost the same as the last QR. Revenue increased alot but the profit before tax almost the same, probably due to material cost and the type of products they sold.

If MYR strengthen it will reduce material cost but it will also reduce sales as their product is more expensive.
The price of butadeine did drop but not much as the drop is back to early January level.
Price estimate: https://fred.stlouisfed.org/series/WPU07110224

Hopefully got good QR but we will only know in a few days.

@Ping Jie
Everything is priced in roughly according to last price which was 74 cents yesterday. So bonus is 2 share for every 5 share you have. So now your 5 share become 7 share. So lets say your 5 share last time is worth 74 cents x 5 share = 370 cents. Meaning now you got 7 share worth 370 cents. So one share should cost around 53 cents. Hope you understand.

Even for normal dividend they will minus off from the current share price. Eg 1 cent bonus for a 74 cent share, on ex date the share will worth 73 cent. So now its the same thing.

Bonus issue yongcheekin

So the results good or no good?

QR out already?

Support came in

Gogogogogo

Good QR result!