Other income - there is a recovery of 1.8m trade receivables there, but there was a write down of bad debt 1.8m as well captured under administrative expenses, net net is zero
good results and corporate announcement is for syndicate to sell if you buy.Even how good the counter still cannot move means this is a lousy company and syndicate.Good luck guys.Be extra careful with this counter.Dont buy this counter.just an opinion
Humble Boy, KLCI market has been a case of momentum buying and MACD dead crossed selling. Good quarter release will not warrant you to get appreciation of price for any stocks that you bought. Why need need to bring that up?
AL will be taking over the 1/3 of the world population and employments will expected to be lower compared to previous years. Best to put aside some money for PUC for the market cover will be huge.
this is con job.cone out with good news and once buyer in and they sell down.They will continue to press as long as there is buyer.Once interest slows down they come out with some news and when you guys became interested and they sell.Thsi counter is playing REVersal Game means sell low buy back lower.They will continue to press and my advice is stay away.The more you guys want to buy they happier they are.Just sell to you and buy back later maybe at .10
instead of blaming on the share price, try to look at what hv happened in the past few months since ccc take over the PUC management in Early 2017. Last QTR results was superb (PW doing great), major corporation with SIAT (R&D on AI and Facial recognition, one of china best institute which have similar JV with huawei and tencent ), Revenue Monster (vendor for wechat wallet), cloudbreakr (influencer) and ADA from Axiata.... all these are great things that going to transform PUC.
i have ask you guys to stop buying since .18 and people who insist to buy bleeding like crazy.By the time opportunity comes we are already dead.So forget abt puc now and dont buy.
@funda, what happen to the stock price when QR was good? we as a share investor of course we are looking for better stock price as well as dividend if possible. REVENUE MONSTER, ADA are just MOU right? have the project kickstart?
Jan 2018----- PUC BERHAD (FORMERLY KNOWN AS PUC FOUNDER (MSC) BERHAD) ("PUC" OR THE "COMPANY") - MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN FOUNDER QUBE SDN BHD ("FQ") AND ADVWHERE LIMITED ("ADVWHERE")
Feb 2018---
PUC has been notified by PWHSB that Pictureworks (Hong Kong) Limited (“PWHK”) (a subsidiary of PWHSB) has on 8 February 2018 entered into an exclusive four (4) year partnership agreement, from 1 June 2018 until 31 May 2022. with Ocean Park Corporation (“Ocean Park Agreement”), where PWHK will provide end-to-end digital imaging products, systems and services for Ocean Park in Hong Kong.--
March 2018----
PUC has been notified by PWHSB that Pictureworks (Shanghai) Limited (“PWSH”) (a subsidiary of PWHSB) has on 7 March 2018, formalised a 3-year exclusive partnership with Shimao Group Themepark Company, which will begin in September 2018 ties in with the soft-opening of the “Hello Kitty Shanghai Times” indoor theme park, where PWSH will deliver full-fledged imaging services and customised photo merchandise for the park. (SEPT 2018 begin)
The Collaboration Agreement came into effect from 20 March 2018 and is valid for a period of one (1) year. The Collaboration Agreement shall thereafter be automatically renewed on anannual basis, unless terminated by the Parties in accordance with the terms and conditions of the Collaboration Agreement.
MEMORANDUM OF UNDERSTANDING PUC BERHAD (FORMERLY KNOWN AS PUC FOUNDER (MSC) BERHAD) ("PUC" OR THE "COMPANY") - MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN PUC (MALAYSIA) SDN BHD ("PUCMY") AND ALI HEALTH SDN BHD ("ALI HEALTH")
Apr 2018----- MEMORANDUM OF UNDERSTANDING PUC BERHAD (FORMERLY KNOWN AS PUC FOUNDER (MSC) BERHAD) ("PUC" OR THE "COMPANY") MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN PUC AND BERSIAN TECHNOLOGY (M) SDN BHD ("BERSIAN")
OTHERS PUC BERHAD (FORMERLY KNOWN AS PUC FOUNDER (MSC) BERHAD) ("PUC" OR THE "COMPANY") - INVESTMENT & MANAGEMENT CONTROL IN CELCOM PLANET SDN. BHD. ("CPSB" OR "11STREET MALAYSIA")
June 2018---- MEMORANDUM OF UNDERSTANDING PUC BERHAD (FORMERLY KNOWN AS PUC FOUNDER (MSC) BERHAD) ("PUC" OR "COMPANY") - MEMORANDUM OF UNDERSTANDING BETWEEN PUC AND APAC VENTURE SDN BHD
Reference is made to PUC’s previous announcement dated 19 April 2018. Unless otherwisestated, the definitions used herein shall have the same meanings as set out in theannouncement dated 19 April 2018.Subsequent thereto, the Board of Directors (“Board”) of PUC wishes to announce that PUCVentures Sdn Bhd (“PUCV”) (a wholly owned subsidiary of the Company) had on 12 June2018, entered into a Share Subscription Agreement with CPSB and PUCV to subscribe for12.348% equity interest in CPSB for a total cash consideration of RM40.0 million(“Investment Amount”), including the 1.716% equity interest in CPSB for RM5.0 millionsubscribed and issued on 24 April 2018 (“Investment”) (“SSA”). Simultaneously with the execution of the SSA, PUC and PUCV also entered into an Amended and RestatedShareholders’ Agreement with CPSB, SKP and ADS (“SHA”).
July 2018--- PUC BERHAD ("PUC" OR THE "COMPANY") MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN PUC AND BERSIAN TECHNOLOGY (M) SDN BHD ("BERSIAN")PUC BERHAD
MEMORANDUM OF UNDERSTANDING PUC BERHAD (FORMERLY KNOWN AS PUC FOUNDER (MSC) BERHAD) ("PUC" OR THE "COMPANY") - MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN PUC (MALAYSIA) SDN BHD ("PUCMY") AND ALI HEALTH SDN BHD ("ALI HEALTH")
PUC wishes to announce that the Company had on 18 July 2018 incorporated a wholly-owned subsidiary in Malaysia, namely Presto Media Sdn Bhd (“PMSB”), under the Malaysian Companies Act 2016 (“Incorporation”).
Sept 2018---- Controlling stake in Celcom Planet S.B.
A good small cap to buy and hold as it would be a blue chip in the long term. Its hardworking MD Cheong was awarded E & Y Entrepreneur Award 2018. Well done!
The low trading vol today does indicate a bottoming out process in the making. Even the recent private placement shares were priced at 15 sen per share.
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....
Primeinvestor
1,454 posts
Posted by Primeinvestor > 2018-08-31 09:33 | Report Abuse
Other income - there is a recovery of 1.8m trade receivables there, but there was a write down of bad debt 1.8m as well captured under administrative expenses, net net is zero