Baguslah, picorp juga pakai EY, Big 4 juga..




Deloitte increased its global revenue by 15 per cent in the past year, as new work advising companies on their environmental impact and auditing their ESG data helped offset a sharp slowdown in advice on mergers and acquisitions.

Figures released on Thursday showed the firm extending its lead as the largest of the Big Four professional services giants, with revenue of $64.9bn in the year to May 31.

Knm pun dah balik 12sen, picorp takda masalah macam knm :)

Weakness in short term price is great for long term gain...

Bottom up strategy

Tak pasti private placement to ahli keluarga diraja arab saudi... all is well

Hovering about 8sen, just be patient... any triggers would bring above 10sen

To clear all shares from 8sen to 10sen, just RM few hundred Ks only.

Wait for a trigger, back to double digit anytime

Rising price & volume :)

2023-09-07 0.075 0.08 +0.005 (6.666%) 3,837,400
2023-09-06 0.075 0.075 +0.005 (7.142%) 817,000
2023-09-05 0.075 0.07 -0.005 (6.666%) 200,000
2023-09-04 0.07 0.075 +0.005 (7.142%) 2,817,700
2023-09-01 0.07 0.07 0.00 (0.00%) 1,090,000
2023-08-30 0.07 0.07 -0.005 (6.666%) 226,700
2023-08-29 0.07 0.075 0.00 (0.00%) 2,451,700
2023-08-28 0.07 0.075 0.00 (0.00%) 1,094,100
2023-08-25 0.075 0.075 0.00 (0.00%) 1,220,800
2023-08-24 0.07 0.075 +0.005 (7.142%) 1,368,500
2023-08-23 0.075 0.07 -0.005 (6.666%) 2,690,000
2023-08-22 0.075 0.075 0.00 (0.00%) 1,670,800
2023-08-21 0.075 0.075 0.00 (0.00%) 571,000
2023-08-18 0.075 0.075 0.00 (0.00%) 4,293,100
2023-08-17 0.075 0.075 0.00 (0.00%) 238,200
2023-08-16 0.075 0.075 -0.005 (6.25%) 10,000
2023-08-15 0.08 0.08 0.00 (0.00%) 233,000
2023-08-14 0.08 0.08 0.00 (0.00%) 675,200
2023-08-11 0.08 0.08 -0.005 (5.882%) 3,369,300
2023-08-10 0.075 0.085 +0.01 (13.333%) 1,447,600
2023-08-09 0.08 0.075 0.00 (0.00%) 97,300
2023-08-08 0.08 0.075 0.00 (0.00%) 17,000

Indeed, environmental ESG (Environmental, Social, and Governance) businesses can have significant growth potential. As society becomes increasingly aware of environmental issues and governments implement stricter regulations, there is a growing demand for sustainable and eco-friendly products and services. Companies that prioritize environmental sustainability can tap into this expanding market, attract socially conscious investors, and benefit from long-term profitability. However, success in the environmental ESG sector also depends on effective management, innovation, and staying aligned with evolving environmental standards and consumer preferences.

7.5sen cleared ~ 4mil shares, next 8sen to be cleared cheers

Ytl from 50sen+ ->rm1.4++, hope picorp''s turn :)

Progressive Impact Corporation Berhad (PICORP) is good at environmental testing and monitoring services because of the following factors:

Experience: PICORP has been in the environmental testing and monitoring services industry for over 30 years. This gives them a wealth of experience and expertise in a wide range of environmental testing and monitoring services.
Expertise: PICORP has a team of experienced and qualified environmental engineers and scientists. This ensures that they have the skills and knowledge to provide accurate and reliable environmental testing and monitoring services.
Technology: PICORP uses state-of-the-art equipment and technology in their environmental testing and monitoring services. This ensures that they can provide accurate and reliable results.
Accreditation: PICORP is accredited by the Malaysian Accreditation Council (MQA). This means that their environmental testing and monitoring services meet international standards of quality.
Customer service: PICORP is committed to providing excellent customer service. They have a team of dedicated customer service representatives who are available to answer any questions or concerns that you may have.
In addition to the above factors, PICORP is also committed to sustainable development. They believe that environmental protection is essential for the future of our planet. PICORP is committed to providing environmental testing and monitoring services that help to protect the environment.

Here are some of the specific environmental testing and monitoring services that PICORP offers:

Air quality testing
Water quality testing
Soil testing
Noise pollution testing
Hazardous waste management
Environmental impact assessments
Environmental auditing
Environmental management systems
PICORP also offers a variety of other environmental services, such as:

Environmental consultancy
Environmental training
Environmental remediation
Environmental project management
PICORP is a leading provider of environmental testing and monitoring services in Malaysia. They are committed to providing accurate, reliable, and sustainable environmental services to their customers.

environmental testing and monitoring services, including:

Air quality testing
Water quality testing
Soil testing
Noise pollution testing
Hazardous waste management
Environmental impact assessments
The environmental testing and monitoring services industry is a growing and important sector of the Malaysian economy. The industry is expected to continue to grow in the coming years, driven by a number of factors, including increased government regulations, growing awareness of environmental protection, and expanding infrastructure projects.

The environmental testing and monitoring services industry in Malaysia is expected to recover in 2023, after being hit hard by the COVID-19 pandemic in 2020 and 2021. The pandemic caused a slowdown in economic activity, which led to a decrease in demand for environmental testing and monitoring services. However, the industry is expected to rebound in 2023, as the economy recovers and businesses resume operations.

The growth of the environmental testing and monitoring services industry will be driven by a number of factors, including:

Increased government regulations on environmental protection.
Growing awareness of the importance of environmental protection among businesses and consumers.
Increasing investment in infrastructure projects, which will require environmental impact assessments.
Expansion of the manufacturing sector, which will generate more pollution and require environmental monitoring.
The COVID-19 pandemic has also created new opportunities for the environmental testing and monitoring services industry. For example, there is a growing demand for testing and monitoring services for COVID-19, such as testing for the virus in the environment and in employees.

The environmental testing and monitoring services industry is expected to grow at a compound annual growth rate (CAGR) of 6.5% from 2022 to 2027. The growth of the industry will be driven by the factors mentioned above, as well as the increasing focus on sustainability and green initiatives.

The Malaysian Hospitality Investment Intentions Survey 2023
We are excited to unveil the findings of the latest survey, the Malaysian Hospitality Investment Intentions Survey for 2023.

Here are the highlights:
• Kuala Lumpur emerges as the most favored location for hotels, but the rankings highlight the ongoing appeal of other major locations like Penang, Langkawi, and Melaka.
• Respondents show interest in investing in city hotels, beach/ highland resorts, and boutique hotels, indicating a preference for unique and personalised accommodations.
• Investors are becoming more optimistic, with a substantial increase in the expectation of achieving net returns of 5% to 6%.
• 96% and 90% of respondents report an increase in occupancy rates and average daily rates respectively, reflecting positive momentum and improved market conditions.
• 40% of respondents expect the hospitality sector’s full recovery to occur in the second half of 2023, indicating growing optimism and confidence in the industry’s recovery.

More than 3mil shares ++ cleared.. Good sign

More Biz coming ,
KUALA LUMPUR: RHB Research does not discount the government rolling out infrastructure projects as early as the fourth quarter of 2023 (4Q 2023) with political overhang abating post state elections.

With the elections done and dusted, the federal government may now be able to focus its efforts to roll out big ticket infrastructure projects, in addition to implementing institutional reforms.

The value of construction works done in Q2 2023 reached RM32.4 billion, up 8.1 per cent year-on-year (YoY).

In the same period, the economic output of the construction sector grew 6.2 per cent YoY, marking the fifth consecutive quarter of YoY growth.

"Out of the 10 companies under our coverage that reported results, one came in line, two exceeded expectations and seven fell below estimates. "The underperformance was mainly due to earlier billing progress assumptions being too optimistic. "We believe that the adequate supply of labour should result in higher revenue recognition of projects, as they move along the S curve in the coming quarters," it said.

Key events to look out for in the near term is the tabling of the 12th Malaysia Plan mid-term review (12MP MTR) on September 11 that had initially outlined RM400 billion worth of development expenditure for 2021-2025.

"We are hopeful of key infrastructure projects to be mentioned in the 12MP MTR such as the Penang light rail transit, mass rapid transit 3, Johor Bahru-Singapore rapid transit system link and the Pan Borneo highway."

The firms top picks are Gamuda, Sunway Construction Bhd and Kerjaya Prospek for their commendable earnings visibility over the next three to six years.

It maintained an "Overweight" call on the construction sector.

35sen->6sen->8sen now->what's next? Knm repeats itself in picorp

the german saw knm undervalued, sapu a lot of syer from the open market.. the same could happen to picorp anytime

if the msian founder dah tua dan tak berupaya bring picorp to greater heights, better cash out and let others including foreign companies to bring it to greater heights..We have proton as a good example too

many opportunities for msian companies in saudi arabia///https://www.msn.com/en-my/money/topstories/mgb-expects-concrete-benefits-from-saudi-mass-housing-venture/ar-AA1gjhDS?ocid=msedgdhp&pc=U531&cvid=a8fa1bbb220e4284a9757f6d1057a84c&ei=46

Like knm, not many shares in the open market, once buying started, all the way up like knm

Accumulate while it is undervalued..

No need to wait Till knm case baru kejar :)

It should return 10sen & above anytime

Jika lantun balik 50% drp 52 week high at 35sen~18sen

Worth keeping n accumulating

Any Saudi Prince or Indonesian tycoon interested to acquire picorp like KNM? :)

Many M&As surface now

https://theedgemalaysia.com/node/681385

founder to take it private for relisting, etc also possible.... sapu dan simpan

at 7.5sen, market cap is below RM50mil.... waiting for a trigger to fly non-stop like in Feb 2023

renewable energy focus, but we will need more than that to drive the economy. ESG is the future

hope picorp would also be appointed as Certifier for ESG status like Puspakom for car/motor vehicle health in addition to its existing biz segments :)

Picorp, jadi green or esg certifier or many mau service esg, picorp boleh bantu

52 week high at 35sen in Feb 2023, let's see, how high could it melantun :)

ESG roadmaps amongst our Malaysia property developers, and their journey to carbon neutrality by 2050. And how does this translate into the projects with green building certification?

Bottom up strategy ... accumulate

unfazed by stock volatility, sees potential in Saudi Arabia, Indonesia & Malaysia

Environmental, social, and corporate governance (ESG), also known as environmental, social, and governance, is a set of aspects considered when investing in companies, that recommends taking environmental issues, social issues and corporate governance issues into account.

An idea push by WEF/UN to control and tackle global warming issues.

ESG will also be linked to your social credit scores. A day will come whereby they will dictate what, how much and where you can buy.

The government launched the long-awaited New Industrial Master Plan 2030 last Friday with the aim of doubling the contribution of the manufacturing sector to GDP to over RM500 billion ringgit in 7 years.

The New Industrial Master Plan 2030 emphasises the role of SMEs as a key contributor to economic growth, targeting to double SME exports to 25% in seven years.

Pertumbuhan domestik Malaysia diunjurkan terus bertambah baik, disokong oleh permintaan dalam negara yang berdaya tahan dalam situasi pasaran buruh yang stabil dan sektor perkhidmatan terus meningkat.

NIMP 2030:

Many sectors benefit, solar energy, construction, pharmaceutical, petrochemical, etc would boist picorp's Biz further

Anwar highlighted the forthcoming realisation numerous significant infrastructure undertakings, incentives, initiatives and allotments designed to benefit SMEs, national energy transition roadmap, renewable energy, opportunities worth up to RM1 trillion for grab

Madani economy- clearer direction on the fiscal policy & economic growth

Msian balance of payments sentiasa positive

Revival in tourism, reduction in corrupt practices in the public sector..

Madani economy, new economic model

Monetary policies aiding ringgit strength, foreign reserve standing strong

Ringgit might be oversold... government focus into economic growth while maintaining social welfare

Msia export oriented nature to benefit, elevated commodity prices lifted the msian export earnings and sector inflow

Clearer direction in fiscal stance, stabilising monetary policy , should practise bottom up strategy now

Opportunities for investors to accumulate upon short term weaknesses

Rising loan growth, influx of foreign tourist arrival, household spending growth, etc under the madani govt