@Daily, My dear friend... 1.33mil is total losses for 100% of 11street. Monthly loss of 100k from Cytew referring to PUC portion in 11street (which is around 10-12%? can't remember)....
@YapJH, Agree that market place is never easy task...need to burn alot of money to attract people...Perhaps it is part of synergy between employees from PUC and 11street... In future you will also seen synergy from PW employees... Also, dont forgot PUC are doing all the marketing for 11street now, left right pocket things... Anyway, let's see what happen in coming qtr....
Everyone entitle to their opinion one, so it is okay. We all just sharing based on what we read and not just hear, because hearing is very dangerous when come to investment, especially ikan bilis like us.
@Daily, just realize that when I reread the whole sentence (somehow I miss to type something)... you need to understand, im risking myself writing them while my boss watching behind, hahaha... anyway, good to clarify...
Actually information is out there, just that not many people will go deeper to read and analyse. Or perhaps, not many people is familiar with all these financial statements and also how to co-relate these information. But I do agree it is always good to have some good discussion and exchange of ideas based on information available. By doing so, ikan bilis like us have better information to make an informed decision. The market is never perfect.
But thanks for pointing out earlier, otherwise I also won't go deeper to read the QR. So based on QR, if lets say the exercise is completed on the middle of September 2018, so assume they only recognise half a month of the share of loss, which is RM400k, that means one month will be RM800k, so for simple calculation using 10% rather than the exact 12+%, that means 11street is losing about RM8 million per month, to me, that is more acceptable.
So lets assume 1 quarter is RM24 milion (RM8mil x 3 months), 10% will be RM2.4 million per Q. Now that is quite a significant amount already. So what my banker friends said is legit now. The profit from pictureworks may be really will need to cover the share of loss, but looking at last quarter figure of pictureworks RM3.20 million profit, fortunately there is still some room. So overall the last quarter should still have profit since there is a lot of holidays during last Q, the picutreworks business should have higher profits.
Again, just sharing based on what I read and understand and don't mean to create panic. But will be more than happy to be proven wrong in this around.
I do not give recommendation as share investment involve personal money, so investment strategy is best keep to own self.
You actually already have that answer in mind whether this is a worthy counter or not, so all i can say is to relook into the circumstances and re-align your investment objectives and make your decision.
those that believe me to stop buying will thank me now.They just want to accumulate buyer to sell.No need any analysis for the company.They just want cash and just sell when have buyer..10 will soon be a resistant and it will take many yrs for those that still believe in your beloved puc.C3 is heartless guy.Trust me.Sell and dont Q to buy.Sure .10 will be broken.Whoever Q there sure to get and all the way down.Many fakers in this forum that ask you to buy,Trust me this is a sell call.Seriously consider my last warning.Dont buy and those with position sell and run
Congrates for those who still believe the fakers in this forum.Those Q at .10 will sure get it and this shareis buy on weakness sell on weakness.This counter is buy low sell lower.Once .10 is broken maybe you guys need to wait till next year to see .10 again.My advice is stay away from this con counter.look for other better counters .
You can evaluate but you definitely do not know what's going on inside. Unless you are employee of the company and representing senior management, else please do not spread your FAKE NEWS
Investor is only answerable to himself/herself on the investment he/she made. It is their choice to either invest based on hearsay or invest through validating hearsay with a deeper research. So humble, no need to get so work up on this.
Which share investment strategy is not buy low (weakness or adjustment) and sell high one? Will any investor willing to buy high sell low? Everyone has their own ultimate agenda, so ikan bilis like us have to filter out the noise ourselves.
No one question about pictureworks business model. And it can surely provide more value added things to it, but somehow now the company is solely relying on pictureworks rather than its existing core business.
If u look at the last QR, without the gain on disposal of digital assets, maybe they will be in the red. So after another reading it does show existing business and even with pictureworks profit is not as earning accretion as it supposed to be. But i would say whoever advise/prepare the accounts from last year till this year have done a superb job. So many bullets to defend the books now.
@YapJH, somehow you read my mind :P I am actually wonder why CCC dont use PW as the vehicle to do RTO on PUC? PW should be at better financial condition than PUC? Not an expert on this...
Interesting MOU with Chiyo Asset... (i) CAMKK shall cooperate, collaborate and work together with WPSB or any of PUC Berhad’s nominated subsidiary to procure, arrange and provide institutional capital as a source of funding for business activities or investments to be undertaken by WPSB; and (ii) CAMKK shall provide necessary support and advice to WPSB to participate a program initiated by Yayasan Pekerja Malaysia (“YAPEM”)
Does it mean PUC will only act as middleman for such micro financing with minimal risk but steady commission...
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....
funda
484 posts
Posted by funda > 2019-01-10 13:51 | Report Abuse
@Daily, My dear friend... 1.33mil is total losses for 100% of 11street. Monthly loss of 100k from Cytew referring to PUC portion in 11street (which is around 10-12%? can't remember)....
@YapJH, Agree that market place is never easy task...need to burn alot of money to attract people...Perhaps it is part of synergy between employees from PUC and 11street... In future you will also seen synergy from PW employees... Also, dont forgot PUC are doing all the marketing for 11street now, left right pocket things...
Anyway, let's see what happen in coming qtr....