I believe all the good news from Ptrans will be good for us! Active trading!!

tksw sifu, doing both, but more long term than short....now back to work while waiting for AGM.

Why kena reject leh?
Soli, yesterday guess wrong,reach 190 but volume so low.
Perak Transform very good name...Transforming Perak, Make Perak Great Again!!
Under PTransform, have Ptransit, PMining,.....tambah PBowling, haha
Today, got some other work to do....no trading for me. Good trading to everyone, bye bye.

The capital is so low, may be because can use many Gemas Perunding punya mining barang barang, no need to buy new....very good deal for Ptrans capital just 600k, but get return of 2-3 mil.

tksw sifu: Only way for Ptrans is up, even without bowling girl!

4. Whether the joint venture project/JV Agreement is subject to the approval of the relevant authorities.
If so, the estimated time frame for submission of the application to such authorities.
There is no approval needed from the relevant authorities.

5. The risks in relation to the joint venture project that the Company may be exposed to.
The potential risk in relation to the joint venture project is the mining rights agreement being
terminated by either Gemas Perunding Sdn Bhd or Menteri Besar Incorporated (Perak).
This announcement is dated 23 June 2020.

Then many men want to take bus....but may be prevented by their the other half, haha, then bus rugi.

Just read the bursa announcement 23 June:
1. The expiry date of the mining rights agreement between Gemas Perunding Sdn Bhd and Menteri
Besar Incorporation (Perak), whether renewable and if so, duration of the renewable period.
The expiry date of the mining rights agreement is 7 May 2049. The mining rights agreement has a
term equivalent to thirty (30) years, subject to review for every 10 years.

2. The breakdown of the total capital and investment outlay in the joint venture project.
The total capital outlay in the joint venture project is approximately RM2,000,000, of which
RM600,000 is to be borne by PTRANS Resources Sdn Bhd and funded through internally
generated fund.

Tksw sifu, you already bought 50 tickets at 185, good.
Back from breakfast, and see ticket now really going at 190, nice!
As mentioned, this is my average price from February as I felt anything less than 200 was jual murah..... so looks like fully recovered liao!

From here on Ptrans you should move steadily up, jangan gostan selalu, sekejap ok, no need to rush, nanti accident susah, just hold steady can already!!

tksw sifu, i wait some at 180, but bought some at 185 liao, wait it goes 190 regret...now going for late breakfast and relax a bit :)

tksw sifu, yesterday 185 so laku, now also, that's why guess ticket can reach 190, with all the good news!
.....also very reasonable to pay more for all the various covid19 precautions mah

Good day! Following up on yesterday....my guess for selling today: chance to sell off at 190 is high.

Thanks bro. I see Susan is powerful suppurtor!
Buy from open market better meh? You think will be 3 Sen or less?

In just 5 mins around 4:05pm ~RM 1mil traded, then in last 10 mins another 0.5mil. Impressive.
Is this to prepare for what I just said in the morning "sooner or later it will take off one day"???
Though the pace is surprising, it's not illogical to me....mining just announced, express buses back in full action, price is low....so natural to buy now!

But hard for me to understand the RM 0.5mil transations in the last 10 mins. Why? At 9am, only 16194 lots (~RM 300k) queuing to sell at 185, so if someone die die must sell today I imagine he would have queued at 185 and he would have sold it. Unless he queued at 190 instead, and finally had no choice but to sell at 180???

Hope tomorrow active trading again!!

Hari tu car engine aku mati juga, tapi ada jumper wire, so Mr next door tolong jump start, jalan balik. Lepas tu, pick up speed.

Aiyo, have not been following closely....why shoot up suddenly?

tksw sifu, no worry, will have early lunch.....sooner or later it will take off one day.

may be people check and find buses running liao, wondering where 8dragon got his info....
dragon pls be kind, fly high, watch and help guide the Ptrans bus drivers to their destinations safe and sound! Thank you in advance!!

Mabel, yes, beauty and health go together. Health+some make up become more beautiful/handsome!

Siapa tu susan?

https://www.easybook.com/en-sg/bus/operator/perak-transit

8dragon, have you tried booking bus? I tried , pretty easy to do!

No worries, still many have faith, so will not simply sell, regret too late. From what I can see, Ptrans and Gemas perunding already good friends, so now their friendship just expand, and build on each other's strengths. So, hold tight is my conclusion :)

97% buy rate, only one unlucky guy sold And 1 lucky chap bought at 180....

Haha, not bad idea, in case got extra manpower, can help lah, although it's not Ptrans responsibility to do the physical mining operations. You not positive meh? I positive leh! Buy rate is 95%now, think will soon be 190, and not surprised if hit 195 before closing. Enjoy naik bas hari ni!!

Recently I mentioned here about Perak Transit, and yesterday the price went up in response to Bursa news that it is going into mining in Kampar. I posted some thoughts and calculation in Perak Transit i3. Sifu-sifu here might wish to look into it over the weekend, so Monday may act.

Happy father's Day!
I posted a formula on theoretical xdate price on 10 June here. Maybe relevent?

Tried to understand how public investment calculation by my own slightly different way: by proportional reasoning Mega First needs 8kilns to handle 1960 MT/day, so 3 kilns handles 1960*3/8=735MT/day, so 3kilns are needed. Capex of 3kilns is 3*25mil=75mil. (Public investment estimate is 2kilns, so I am more conservative here).

The 8kilns contribute 18.4mil, so 3 kilns contribute 18.4*3/8=6.9mil, from which Ptrans gets 30%,ie 2.1mil Vs public investment estimate of 3mil.

PTrans share of capex for 3kilns, assuming it pays 30%, is 75*.3=22.5mil.

The above is for limestone only, the sand not included. I hope my small effort in showing you my calculation will help you and in turn help me to get better understanding of the whole business. Kita gotong royong hor:)

https://www.picuki.com/tag/peraktransit

Ternampak when trying to learn more about Ptrans and places in Perak....nice! Didn't know about "Perak man"!

Happy, betul, banyak natural resources lagi kurang natural disasters, plus ramai orang hati baik, kerja kuat, talented/willing to learn, negara boleh maju....tetapi political leaders mesti bersih Dan ada caliber, yang makan duit kena dijatuhkan. Hakikat: Dulu RM 1=1sgd=0.4usd, sekarang,RM3=1sgd, RM 4.3=1usd

LuckyGor，if you do the math, have the time, and with some luck, it's ok to do some day trading. If no time, I think just go long time scale. Just do what suits one's situation. Hope to stay in this counter for long time so see you around!

Shiok, kegiatan lombong 16 tahun for 10 m depth, and by then technological progress can mean economically feasible to go another 10m deep! Can hold Ptrans share for 20-30 years and pass to my children as souvenir, haha.

My prediction is Monday will be 185- 195, as more people know about the mining business.

Tksw sifu, today may end with 185, or just touch 190? How about Monday? Try to give your best forecast!!

OR volume 50mil now, guess can reach 65mil by closing?

Maya, you may right most of the time but not today, you will miss the bus if insisting to buy 175, not so nice to leave you behind, but sayonara, haha

Haha, Tksw sifu, last night already I sent exciting message out, too excited until I forgot to buy :( you didn't remind us leh, pai-si lah lu, but kawan don't mind one, but remember to remind us to buy hot.....anyway I very full liao but bot 185, driver will bring us to 190,195,....210....just wear seat belt like spielmacher warned!!

https://klse.i3investor.com/servlets/ptres/55652.jsp

Sifu here might be interested in Perak Transit as it is into mining of limestone， and like ageson sand too. Public bank buy call.

I bought ageson after someone promoted it at my share counter.....have a nice day.

Maya, I mean maybe can get at 180, but not 175.... cheers

Maya, pretty sure you wrong....buy not sell

https://klse.i3investor.com/servlets/ptres/55652.jsp

Justin, Thanks for alerting to public bank buy call.
Dragon, nvm the TP, important thing is will it go up, right?

As I said alredi, alredi bought so many liao, to be fair let other buy... let's fatt and get fat together hor

A long term investment, 2-3years. Yesterday, OR volume was 40mil, this morning already 39.2mil so Vsolar should be able to move on with the next phase of their RE project!

Mining effects showing power!!

Hopefully fly to 200!

Thanks. Vsolar uses bacteria to digest sorghum plant, producing biogas. A side product is fertilizer which can be used for sorghum. Prospectus has illustration.

Typo: A*star.

Agreed lost of income from utar students, but moving forward the mining should bring good income. Gemas perunding already has permit and it's mining company. Surely Ptrans will hire ppl with experience in mining to do the job. As the price now is low, why not buy and hold? The major shareholders should have more info.... let's see how the price moves today. Just don't miss the chance to buy low hor.

Prince, tkvm for the bird's eye view! Indeed Vsolar has strong supportors. I also looked up at KRU website, it's an incubator with links to NUS and n*star. Vsolar has listed the challenges and opportunities in the prospectus. Hope this information helpful to those who are not aware.

In summary, I think Vsolar has a pretty good chance and so plan to subscribe 60-70%of my OR, and sell the rest. (I have no link to Vsolar and it's not a buy call.)

Maya, can explain? Wish to learn from you...my experience is still short!

Can anyone share more about Gemas Perunding? The amount of money buried underground is gila!!

Prince, I looked through the long prospectus, but didn't find any calculation that 310 acres of land for cultivation of sorghum is enough. Also no calculation comparing biomass and solar. Anyway, I plan to take some risk to support Vsolar by subscribing to the RI.

Lss4?