Double_x

Double_x | Joined since 2019-04-21

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2019-06-02 13:11 | Report Abuse

i know Dato BursaMaster and Investhor personally. They are separate persons but of course know each others, like OTB and KYY. Nevertheless, instead of figure out whether both are same person, we should take note on the article content.
THHeavy, no doubt is penny stock and yet under PN17. As u all noted, a lot oil and gas related companies were in the deep shit for few years and only try to recover recently. You can note from the QR, it has been show positive sign for 4 quarters. Also note that the company had appointed Public Investment Bank for it regularisation plan submission. Well, it is potentially to be uplifted from PN17 status. The company would not simply appoint Investment Bank without any reason. Regardless whether it will be privatised or not, for sure there is some plan going on.
Furthermore, from the prospect of the recent QR, it commented very positively on it future. Investhor also commented correctly on the new management after it took over by the SPV from Tabung Haji. Hopefully the worst had over for Thheavy and recovering.
If u ever follow Dato BursaMaster article, you may note that his article always cover all aspects, i.e. fundamental, technical, prospects... Of course, the companies need to has such good FA , TA in order to write such article, if not, nobody able to bull shit without such good data. So, just take a read and probably and keep it in your watchlist. Probably, is a good counter to keep. Cheer.

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2019-05-05 19:07 | Report Abuse

Thank you Investhor for this article. I have been following PCCS for quite some time after looking at it result keep improving since the 4th quarter of 2017. If u read the Financial Report for 2018 also show the sign that this company's result is improving. However, this is not a hot counter in the past and had been traded much lower than NTA for long time. Well, I believe a lot ppls use the same method by KYY, as such, I also some at low price.
Regarding the heavily sale by director name Chan Chow Tek, it do raise a concern to me be honest, but he already 62 years old and he disposing it share even good qr issued. As such, I don't think is a big concern to me.
It business mainly focus in China and Cambodia. In it latest article mentioned that Apparel sale in China is challenging but remain profitable. Also the Company has show it effort to reduce the admin expenses. I believe the result for 2019 is very convincing.
Based on TA, Investhor is right that retracement happened after it spike to new high. But looking at few high volume u can see from chart, I believe smart money still there. I will keep my holding.