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2021-11-25 12:11 | Report Abuse
All time high? model at 8.50? if market condition is right? blue chip? this is like saying if lottery number match my number then i rich. sound like the dream of pecca insiders....nothing but dream.
this only mou. Many mou the market have seen amount to nothing. Vaccine mou a few cancelled. Oh talking about vaccine, many rumour also circulate on pecca getting vaccine deal. End up empty talk only. Many investors burnt.
Then came the recently canceled rentas acquisition. Mask and ppe no more hot, so rm100mil milking exercise no jadi.
Now come this mou with miti link institute. Jumping on bandwagon is ok if it was true business. Market will see this as pure hype just to play on the counter and minority shareholders.
Maybe insiders should take company private then they can release as many rumours as they want, sign as many mou as they want, hype themself as high as they want....
2021-11-09 11:49 | Report Abuse
The terrible rm100 mil milking exercise has been cancel?? Wahahahahahaha.......
big congrats to pecca minority shareholders!
if bursa has quietly intervene in the matter, bursa deserve big big credit for standing up against majority shareholder family trying to take advantage of minority shareholders
rm100 mil is mind blow nonsense....rm10k to give own daughter for her 1 year old company maybe still acceptable.
rentas health could have been easily folded into pecca and grown organically from beginning. this was what analysts thought so. but boss say no, want it to be seperate. then rm100 mil proposal came up. so it is open guess that this was meant to be milking exercise from the incorporation of rentas health. wow. it is real shame. her good name and reputation should be protected like treasure. gone now
with no more confidence in pecca, investors will start question every news or rumour in the market. whether it is genuine or it is just so that certain people can get to sell off their shares....
it take long time to build reputation, only a few seconds to lose it
2021-10-29 11:35 | Report Abuse
interesting anual report. revenue reported increase rm40 mil, receivables doubled. people with accounting background can put 1 and 1 together. hopefuly this doubled receivables no end up as npl just for sake of boosting numbers.
also interesting is shareholder list. Huaren holdings hold 5.1 mil shares. looks like this confirm pecca is MCA linked counter like Matang, thestar. Wee ka keng? people with trading background will already see pecca lowest when there is political happening. that pcr test kit contract with kkm is further proof. it is anyone guess when did huaren buy in to pecca. for the sake Malaysian chinese people, hopefully huaren was not encouraged or forced to hold the baby when counter was above 4
now talk about recovery from this epidemic...is it still worthwhile to be healthcare? can see from glove stock. it is still worthwhile to pay rm100 mil to pecca majority shareholder family for a one year old company that make some mask and trade small quantity pcr test kit? minority shareholders must speak up and exercise their right on this transfer of wealth from a public listed company to the majority shareholder family. Big milking. Bursa must query.
Unless.....there is very few minority shareholder left. trading volume has been very low this 2 week. very strange. maybe all their trading accounts have been jammed up. please be very careful with this counter
2021-09-06 07:53 | Report Abuse
new health minister must adjust terms of contract. govt contracts based on draw downs. for test kits not yet draw down, set ceiling price. it is after all the rakyats money. some more now pandemic. retribution for those make big profit from death and suffering of the people.
2021-09-03 10:31 | Report Abuse
https://www.thestar.com.my/news/nation/2021/09/02/govt-sets-ceiling-price-for-covid-19-self-test-kits
this yesterday news on ceiling price for test kit
pecca shareholders now want to know if ceiling price also on rt-pcr test kit supplied to moh from restas healthcare company. and how it will affect the acquisition since rentas profit sure drop a lot
bad omen for this milking exercise oh.....
2021-08-15 08:11 | Report Abuse
car salesman friend sent article...https://www.freemalaysiatoday.com/category/nation/2021/08/14/lockdown-seen-as-disaster-for-automative-sector/
An industry player who also asked to be anonymous said local brands had been hit badly by the closure.
MAA president Aishah Ahmad told FMT the lockdown had been “disastrous” for the industry.
this confirm car biz is gone, no sign of recovery. NatsukoMishima ask correct question, are u dare to hold? the fear is very REAL.
2021-08-12 19:56 | Report Abuse
banks face difficult with economy like this...
2021-08-12 19:52 | Report Abuse
Today volume 3.5 million, sold down to 2.98, then propped up to close at 3.27.
Director and MDs wife announce she buy 1,156,900 shares at price transacted 3.2874
out of the whole time since she last buy in dec 2020, why she chose to buy so many shares today?
if dont have this so called artificial insider support, share price end up where? maybe 2.50 or less.
market has lost confidence in pecca. director buy many shares cannot recover the confidence....
Stock: [PECCA]: PECCA GROUP BERHAD
2021-12-07 07:49 | Report Abuse
https://www.thestar.com.my/business/business-news/2021/12/06/pecca-banking-on-electric-vehicle-segment
this article show what pecca is all about. nothing but talk. nothing but speculation. nothing but rumours. Keyword...nothing has been firmed up. Keyword....some development over the next one year. come on lah insiders desperate to try to keep any attention on pecca.
30% gross margin on mask yet see tremendous competition? quite amazing still can get 30% margin in his situation...... 30% very suspicious. a pharmaceutical boss was told that pecca mask sell very big in usa yet this no mention by miss teoh zi yuen. farma boss and dunno how many people scammed by this info.
feel very sad to know got company insiders like this....