In item 2.4 (iii) of the IPO prospectus, EPS is presented as 16.7 sen where else the actual EPS is only 1.67 sen. How come TA do not properly check this before presenting the prospectus to the public......
Do not know how to manage bus business, drivers have to work long hours daily, when drivers on leave, the bus will be parked at the station the whole day, no subsitute driver, passenger had to wait 1 hr to board a bus.
Their main profit source is terminal operations. And their terminal operations have very high margins as well. I don't get why you all so focused on their bus operations. And unlike KTB, they have multiple revenue streams.
About 2 year ago few articles wrote on this terminal.....underutilised, white elephant project, isolated terminal, Ipoh people don't like it, proposed another mini bus terminal in ipoh, allowed certain bus like plusliner, Maju etc to pick up and drop passengers at other places, PR govt especially DAP against this terminal...... best to study first....especially expected GE is next year....perhaps after CNY.
If this is the case, this was 2 years ago. Right now things are very different. If you go there during the holidays, you will see traffic has increased.
a new theme park will be open near the perak transit bus station. More housing project include Pr1ma housing at that area. Good feng shui. Growth stock.
Bus will the be #1 mode of transport as more ppl sell their cars and switch to public bus transport. This will increase Ptrans top line and bottom line. Rated BUY for the longer term.
A quick glance on the prospectus ... Gerakan President Tan Sri Chang Ko Youn is the Chairman of Ptrans, Bank Muamalat Venture has also stake in this co, MTD as well.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Hiu Chee Keong
390 posts
Posted by Hiu Chee Keong > 2016-09-16 09:42 | Report Abuse
Wait for the TP price by the reseacrh houses :)