I'm sure he nibble during the temporary drop in price

Rebound is on its way!

Trump said his administration will “probably” come to an agreement with China to resolve a dispute that has roiled financial markets and raised fears of a major economic conflict between the nations. The U.S. is considering tariffs on as much as $150 billion worth of Chinese imports, while China has vowed to respond with levies of its own on everything from U.S. soybeans to planes.

And you sapu all is it Seanteoh?

Why ah? Because of the China comments on retaliation to US? Is that affecting Penta adversely? How about the news on raising selling prices and its beneficial to the Group in medium term?

Very careful ady today. But it keeps going up. Better don't miss the boat.

Stop your curse la seanteoh. Let it go up and let shareholders happy before AGM

You don't pay dividend yet when you can plough back your resources and show revenue growing by 90+% in the past 2 years. Despite recent news that the group is planning to give dividend in two years time, might as well reinvest and capitalise all profitable opportunities and become the next Broadcom.

And the Hong Kong side don't drop. Malaysian side is cheap now

More reason to collect?

Price bless bless go up. Cheap cheap now.

Order book remain strong. Everyone is so busy there. Drove past recently and saw they are hiring. If order cut, why bother to hire? Oh maybe you want to send your job application there? Haha

Whatever counters you bought in general now, it doesn't go up significantly. But I believe this counter since its quite cheap now.

Order book cut by half? How? But noticed that inventory is still above RM100m. They cancel your order does it meant the Group is in deep sh*t or you can't meet the order time line?

Guys, if you plan to accummulate, do a favor by not spreading negative rumors. The group has strong cash position from business and HK IPO, and they don't squander the money haphazardly as seen in the past.

You can justify the sky. But today is the day where EPF won. Pity those that who went in at 0.580, with all the conviction from research houses etc. Good luck!

Are you are referring to 20% drop or 1% drop?

Too early to conclude?

Oil price up, DJF up... Weird its going down instead..

WTI go above $63 and going to $64 from $61 2 days ago. Definitely not a downtrend. Hold with confident!

How about the 2,789,000 shares acquired by KWAP on 26 Dec 2017.....

@mamatede I think this is the latest Prospectus.

http://www.hkexnews.hk/APP/SEHK/2017/2017090801/Documents/SEHK201712220017.pdf

OMG revenue for 2017 is historically high and 2018 around RM250 million secured to date!! BRAVOOO!!

Tuesday volume 11 million, up from 2.15 to 2.33.
Wednesday volume 14.4 million, up 3 cents.
Thursday volume 6.5 million, down 2 cents.
Friday volume with only 5.9 million, up 12 cents.

Hence Wednesday & Thursday seems many sellers have checked out. Guess there will be more buyers next week before price stabilise. Looking for TP RM2.70 next week. Good luck all.

No announcement of Chuah selling today..

Nobody will "constantly" posted comments "to sell", unless he: (1) has strong intention to buy at lower price after studying the company fundamentals or met up with company's management; or (2) hated the company so much due to personal reason; or (3) lost so much investment money in this counter (& many more which I could not think of).

I dun think (2) is really the case here since the company did not make enemies looking at how they treated the court case with Elsoft (based on Elsoft Annual Report - and look Penta is not petty) and (3) if you invest beginning of this year, you will have tripled your investment by now or if you bought at the recent high, you will still have the opportunity to exit at a gain later on.

So please bros, if you fall under category (1), rather than keep posting comments to sell, it would be better instead to share your investment ideas here and we together look to see this counter emulating PE valuation of Vitrox. Cheers :)

Could it be possible that Chuah sell some of his holding to stabilise the price? Imagine if he did not sell....

Those who wish to add or join the boat might consider now. Trailing PE up to 3Q at RM2.40 is still below 18x and RM3.35 is at 25x PE.

the first day it turns green after bonus + share split shares... Looking good?

Weird, price keep dropping.. Either foreign funds check out? or negative perception on strengthening RM due export but his counter entered into derivative contract to mitigate isn't it..

Highest revenue and PAT ever! BRAVO! Steady growth in both revenue and PAT since 2015!

The listing expenses should not be taken into account as this is not in the ordinary course of business. Tats said the listing expenses is considered small as compared to the amount that the group will raise from Hong Kong listing.

Good company. They focus on growing their business instead of promoting the shares. After business show results, your share price will do the talking.

Last chance to exit?

HABIS CERITA! With this trend and perception, dun think it will reach watever TP that was mentioned earlier.

I'm guessing today should close around this price? But glad to see the price stabilise a bit..

The article is out at 2.15pm, and this morning reached 0.515. Does the article even matter?

Annualise the first quarter profit and compare with the current market cap. I bet valuation is still reasonable at this price.

"I wish to clarify that I have DISPOSED (of) all of my shareholdings in MUI and Palette, and will refrain from making any passive investments in listed equities in the future,” Wong said.

READ: He HAS DISPOSED, not he is going to dispose.

Hence, whats the panic of selling?

In the first place, why there's a need to publish one's intention to sell. You can dispose quietly isn't it. just my 2 cents. Good luck all!

It's common for anyone to take profit and not be part of the company LT plan. Anyway support getting stronger, hence opportunity to buy.

Looking positive and the bleeding has stop from T+4...

profit taking starting. Good luck all

Feel sorry for contra players. Looking forward to tomorrow since selling has stop!

1m selling at 1.31 but it never drop below.. Support seems to indicate confidence..

Low resistance (& low support). Looking good for uptrend!

@Nikmon, I think the bigger picture is for the past 2 weeks, there is more green than red. This is maybe an upside trend.

amazing

See you at T+4, 0.82 - 0.84

Love this counter. Buy at 0.770, sell above 0.800..

Apparently nothing happen :)

is there any reason why the price up?

Fahmi, sell first?